wise 2015_16_corpcom_4 internet, social media_stud (2)
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WiSe 2015_16_CorpCom_4 Internet, Social Media_Stud (2)WiSe 2015_16_CorpCom_4 Internet, Social Media_Stud (2)TRANSCRIPT
Corporate Communications
Business Information Systems4th semester
Prof. Dr. Wilke Hammerschmidt
4 Internet, social media
Agenda
Intro Communications Marketing Communications versus Corporate Communications
Marketing Communications Positioning Branding Corporate Identity Channels: Internet, social media, trade shows, events
Corporate Communications Theory, methods Tools in PR Issue management
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 2
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 3
Internet / Onlinemarketing
Agenda Online Marketing
Basics
Online Advertising
Performance Measurement
Key Performance Indicators
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 4
Definition: Onlinemarketing
Onlinemarketing
All measures that help to lead internet users to a specific website or
presence on the internet.
(Based on: Lammenett (2014), p. 26)
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 5
The Internet in Comparison to „Traditional“ Media
Global reach
Permanent availability (24/7)
Interactivity and multimediality character
Selective use by users
Targeting: focus on the relevant target groups
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 6
World Internet Usage
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 7
Source: http://www.internetworldstats.com/stats.htm (2.10.2015)
Online and Social Technologies are of Importance in all Parts ofthe Value Chain
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 8
„Online“ is increasinglyimportant in the wholevalue chain
Within the companyemployees benefitfrom better ways ofnetworking
For companies online technologies lead tonew opprtunities in interacting with theirstakeholders
Quelle: McKinsey Global Institute, The social economy. Unlocking value and productivitythrough social technologies, S. 8 (2012)
Agenda Online Marketing
Basics
Online Advertising
Performance Measurement
Key Performance Indicators
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 9
Online Ad Spendings
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 10
Source: IAB Europe Adex Benchmark 2014: www.iabeurope.eu/download_file/2051/224397 (1.10.2015)
Online Advertising Spend in Europe Increased 4-fold Since 2006
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 11
Online advertising spend in Europe in billion Euro. Source: IAB Europe Adex Benchmark 2014: www.iabeurope.eu/download_file/2051/224397 (1.10.2015)
Mobile as a Driver for Display in Many Countries
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 12
Mobile display as a share of total display in %. Source: IAB Europe Adex Benchmark 2014: www.iabeurope.eu/download_file/2051/224397 (1.10.2015)
E-Mail-Marketing
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 13
E-Mail („Electronic Mail“) is a method of exchanging information from one author to
another or several others. The messages may contain text, images, graphs, sound
etc.
E-Mail-Marketing is part of direct marketing. If an e-mail is sent out to a group of
recipients it is called an e-mail-blast.
An e-mail-newsletter is sent out regularly. Its objective is to strengthen the relationship
between recipient and company.
Affiliate Marketing
Affiliate-Marketing: A partner (affiliate) tries to bring visitors or customers to a company‘s (merchant‘s) website.
Usual compensation methods:
Pay per Sale
Pay per Lead
Pay per Click
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 14
http://www.calvennstarre.com/home/affiliate_marketing/ (15.4.2015)
Online Ads – Historical Overview
1994 – First banner ads
1994 - Pay-per-click keyword advertising debuts at GoTo.com (later Overture, and now a part of Yahoo). It is widely mocked.
1998 - HotWired is the first site to sell banner ads in large quantities to corporate advertisers. The first buyers? AT&T and Zima. Clickthrough rates, the gauge of success, are an astonishing 30%.
2000 - Google rolls out AdWords, a pay-per-click service. AdWords made performance-based ads mainstream and now accounts for more than 95% of Google's revenue.
2001 - Pop-up (and pop-under) ads fill users' screens. They peak in 2003, at 8.7% of all online ads. Although initially effective, earning 13 times more clicks than banners, pop-up blockers end the annoyance almost as quickly as it began
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 15
http://www.fastcompany.com/1353534/click-here-short-inglorious-history-online-advertising (15.4.2015)
Online Ads in Detail
Online-ads can be displayed based on different parameters: Behavioral Targeting Contextual Targeting Semantic Targeting Predictive Targeting Regional Targeting Re-Targeting Technological TargetingSource: Pepels, Werner: Marketing-Kommunikation. Einführung in die Kommunikationspolitik, 3. Auflage Berlin 2015, S. 205.
Usual compensation methods Cost per mille (CPM) Cost-per-Click Fixed rate
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 16
Formats of Display Ads
Banners can be clustered as follows:
1. Integrated banners
2. Elaborated integrated Banners
3. New-Windows-Ads
4. Layer Ads
5. Special formats
(Source: Pepels, Werner: Marketing-Kommunikation. Einführung in die Kommunikationspolitik. 3. Auflage, Berlin 2015, p. 202-207.)
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Examples for Integrated Banners
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 18
Full Banner (468 x 60 Pixel)
(Wide) Sky-
scraper(120/160
x 600 Pixel)
Super Banner (728 x 90 Pixel)
Rectangle(180 x 150
Pixel) Medium Rectangle(300 x 250 Pixel)
Interactive Banner
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 19
Source: http://www.werbeformen.de/ovk/ovk-de/werbeformen/display-ad/in-stream-video-ad/linear-video-ad/interactive-video-ad.html (11.3.2015)
Layer Ad
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 20
Source: http://www.werbeformen.de/ovk/ovk-de/werbeformen/display-ad/in-page-ad/standardwerbeformen/flash-layer.html (11.3.2015)
Text-Link-Ads
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 22
More information andexamples here: http://www.iab.net/
Mobile Marketing
Mobile devices and their use for marketing purposes get more and more important. The main reasonsare: Higher performance of the devices Higher performance of the mobile networks (e.g. LTE) Increasing number of applications (apps)
Advantages are: Localization („SoLoMo“: Social, local, mobile) Personalization Permanent availability Interactivity
See also: Forward Ad Group (Hg.): Mobile Effects 2015. Always on – Wie das Mobile Web den Alltag verändert. Download at: www.burda-forward.de/uploads/tx_mjstudien/ForwardAdGroup_Studie_MobileEffects_2015.pdf?PHPSESSID=60c427053273ddbbd79c7cb6a6ef11f0
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 23
Formats of Mobile Marketing
The most important formats of mobile marketing are:
Sponsored Content
Contextual ads
Interstitials (banners)
Coupons
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 24
Exercise:
Imagine you were the head of marketing at Whats-App. The CEO asks you to
generate ideas on how Whats-App can be used for marketing purposes by
companies.
Search Engine Marketing
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Search Engine Marketing (SEM)
Search Engine Advertising (SEA) Including a website in a search
engine‘s results on a pay per click-basis
Search Engine Optimization(SEO)
Optimization of a website‘s visibilityin a search engine‘s unpaid results
Search Engine Marketing on Google
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 26
Search engine advertising involves a search engine charging fees for the inclusion of a
website in the search engine result page (SERP).
1
2
1: Paid searchresults in theheader
2: Organic searchresults („unpaid“)
Current Study Shows: Probability of Clicking on Google‘s Search Results Decreases per Position
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 27
Source: http://onlinemarketing.de/news/sistrix-124-millionen-klicks-positionen-google (27.10.2015)
Development of Search Engine Advertising
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 28
Source: IAB Europe Adex Benchmark 2014: www.iabeurope.eu/download_file/2051/224397 (1.10.2015)
SEA: The Google Keyword Planner
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 29
Search Engine Advertising is based on an auction-model, depending on bids and
competition for each keyword.
Pay method: Cost-per-Click (CPC)
Google Keyword-Planner
Search Engine Optimiziation (SEO)
Search engine optimization includes all measures that help to improve a website‘svisibility in a search engine‘s unpaid (organic) results. These measures can beimplemented on the own website („on-page“) and on other websites („off-page“).
A variety of parameters influences the prominence of a website within the search results. The most important are:
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 30
Unique ContentKeywords
URL
Navigation
Title
Description
…Backlinks
User Centered Design: Personas and Use Cases
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 31
Personas
Profiles of the typical visitors of a website May include: Age, gender, education, job, family status, hobbies etc.
Personas help to define a website‘s tonality and design
Use Cases
Typical use and/or processes on the website (why is the visitor on our website?)
Use cases help to define a website‘s structure (navigation)
Google is not the only Search Engine Worldwide
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 32
Source: http://www.luna-park.de/blog/9907-suchmaschinen-marktanteile-weltweit-2014/ (11.3.2015)
Trust in Online Ad-Formats in Comparison
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 33
Percent of global responsdents who completely or somewhat trust advertising formatNielsen (Hg.): Global Trust in Advertising. Winning Strategies foran Evolving Media Landscape. 2015, S. 6. Abrufbar unter: http://www.nielsen.com/de/de/insights/reports/2015/Trust-in-Advertising.html
Agenda Online Marketing
Basics
Online Advertising
Performance Measurement
Key Performance Indicators
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 34
Tools Help to Measure the Success of Online Activities
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 35
Source: http://justaddwater.dk/2007/05/09/google-analytics-redesign-flaw-slipped-through/(11.5.2015)
Agenda Online Marketing
Basics
Online Advertising
Performance Measurement
Key Performance Indicators
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 36
Some Parameters
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 37
Page impressions(PI) Number of requests to load a single web page of an internet site.
Visit A visit, also called a session, is the sequence of requests made by a single user during a visit to a particular site
Cost per mille(CPM) Cost for reaching 1.000 impressions
Conversion Rate (CR) Quotient of conversions to visitors (conversions : visitors x 100 = CR in %)
Click through-rate (CTR)
Click-through rates measure the number of times an ad is clicked as a percentage of views of the web page on which the ad appears
Cost per click(CPC) Account method where the advertiser has to pay for every click on the ad
Spiegel Online: Performance Data
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 38
Source: http://www.spiegel-qc.de/medien/online/spiegel-online/performance-data (2.10.2015)
Agenda Online Marketing
Basics
Social Media and Companies
Strategic Planning
Social Media Marketing
Performance Measurement
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 40
Background Information
“Social media are computer-mediated tools that allow people to create, share or exchange information, ideas, and pictures/videos in virtual communities and networks. Social media is defined as a group of Internet-based applications that build on the ideological and technological foundations of Web 2.0, and that allow the creation and exchange of user-generated content.” (Source: Wikipedia)
Social Media-Communication is defined by: From mass- to individual communication From Push to Pull From one-way-communication to dialog From private to public communication From centralized to decentralized communication (user generated content)
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 41
Platforms on the Social Web
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 42
WordpressTumblrTwitter (Microblog)…
BlogsFacebookGoogle+…
Social Networks
YouTubeVimeoMyVideo…
Video Services
KununuGlassdoorHolidaycheck…
Ratings Platforms
XingLinkedIn…
„Business“ Networks FlickrPinterestInstragram…
Images
DSLR-Forum
…
Forums
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 43
Source: Ethority.de
The Social Media Revolution
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 44
Agenda Online Marketing
Basics
Social Media and Companies
Strategic Planning
Social Media Marketing
Performance Measurement
Opportunities and Threats
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 45
Brands and Social Media
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 46
Appropriate for Social Media Communication
Rather appropriate for Social Media
Communication
Less appropriate for Social Media
Communication
Appropriate for Social Media Communication
Cognitive Involvementlow high
Emot
iona
l Inv
olve
men
tlo
whi
gh
Esch u.a.: Vom Konsumenten zum Markenbotschafter, 2012, p. 152
Agenda Online Marketing
Basics
Social Media and Companies
Strategic Planning
Social Media Marketing
Performance Measurement
Opportunities and Threats
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 47
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 48
Social Media and Companies
Communication goals
derived from the
corporate strategy.
What do we want to
achieve in social
media?
Objectives Target groups
What are the
contents that support
our objectives?
In which channels
are the defined target
groups online?
ChannelsContent
Derivation from
corporate strategy
But: Which target groups
can be approached
online?
Which contents help us
to achieve our ambitions
and are appropriate for
the defined target
groups?
Where and when are the
target groups online?
Who are the users
we want to adress in
social media?
1st Scenario – B2CSmart phone distributor with 25 stores in Bavaria. 120 employees, constant turnover in the last 2 years
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Objectives Target groups ChannelsContent
2nd Scenario – B2B Manufacturer of axles for heavy trucks. Production sites in Neu-Ulm, Mexico City andJohannesburg. 1,200 employees, turnover continuously growing
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Objectives Target groups ChannelsContent
The Social Media Process
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 51
Status quoTarget groups
Analyze
ObjectivesContentChannels
Define
Define guidelinesTrain employeesParticipate and shape
the discussion
Interact
MonitoringPerformance
measurementEvtl. adapt objectives
and measures
Analyze
Social Media Guidelines: Rules for all Employees
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 52
ObjectiveTrain employees on how to use social media in a successful and safe way for their daily work.
Possible contents (selection) Show personal responsibility of employees Legal basics Use of social media during working time „Code of conduct“ for social media Dealing with mistakes and possible issues
ChallengeCan private and business use of social media strictly be separated from each other?
Questions to be addressed Are the social media guidelines binding? Communication of the social media guidelines towards the employees
Specific Rules for Social Media Managers and Community Managers
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ObjectiveDefine the framework in which social media managers and community managers interact with theusers / target groups. This shall ensure a recognizable presence in social media across variouschannels and countries.
Possible contents (selection) Social media-strategy Social media-architecture Rules for community management Issues management, crisis management Design rules for social media-channels FAQs
Questions to be addressed Centralization vs. decentralization: How many standards are necessary? Communication of the rules towards social media managers and community managers
Community Management: Definition, Objectives, Tasks
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 54
Community management is the process of moderatinguser groups in social media
Possible objectives Win new users and customers Bind existing users and customers
Tasks Set up one or various communities Moderation, interaction, support Permanent exchange with relevant departments within the company in order to
ensure a good internal network
The Community Management Process: The Strategic Framework Sets the Ground for an Effective Community Management
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 55
Goal Definition of a strategic framework
Topics to be addressed Objectives Target groups Unique selling point(s) Contents Guidelines Key performance indicators Organizational questions
Design and Planning Phase1
Coordinated Use of the Marketing-Mix Helps to Create Awareness and Attract Members
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 56
Goal
Technical setup and initial promotion of the community
Tools for promotion
Use of the existing marketing materials to create awareness and attract members
Launch Phase2
A Reliable Moderation Forms the Basis for Activating Community Members
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 57
Goal
Moderation of the community and activation of the community members
Basis
Moderation based on “net etiquette”
Activation determined by 90:9:1-principle
Possible approach: gamification
Maintenance and Growth Phase3
S Status
Gamification according tothe S-A-P-S- Model
A Access
P Power
S Stuff
Control Mechanisms Help to Adjust the Activities and to ReactAccordingly
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 58
Goal
Performance measurement based on the defined objectives
Readjustment, if necessary
Tools
Measurement through key performance indicators (KPIs)
Readjustment either of measures or goals
Optimization Phase4
A Bundle of Measures Allows to Earn Money with the Community
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 59
Goal
Create a source of revenue
Monetization either
based on the community as a whole
or
for specific activities within the community
Optional: Sourcing Phase5
Community Management Consists of Five Consecutive Phases –Whereas the Sourcing Phase is Optional
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 60
Design andPlanning
SourcingLaunch Maintenance and Growth
Optimization
Community ManagementCommunity Management
The Design and Planning Phase Influences all Following Phases
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 61
Design andPlanning
SourcingLaunch Maintenance and Growth
Optimization
Community ManagementCommunity Management
Objectives
Target groups
USP
Net-etiquette
KPIs
x x x x
x x
x x
x
x
The Optimization Phase has a Corrective Function for Every Other Phase
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 62
SourcingDesign andPlanning
Launch Maintenance and Growth
Optimization
Community ManagementCommunity Management
Objectives
Target groups
USP
Net-etiquette
KPIs
x x x x
x x
x x
x
x
Determing Factors for Community Management
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 63
24/7Interaction in communities takesplace on 24h per day, 7 days per week
Community managers must be able tomoderate also on weekends and in some cases also over night
SpeedUsers expect fast and appropriatereactions
Internal processes must be defined in order to guarantee fast reactions
Variouslanguages
Even if the main language of a community is defined, otherlanguages may come up
Is there any translation serviceavailable?
Authenticcommunication
Communities consist of humans thatwant to interact with other humans
No automated answers and/or contents
Agenda Online Marketing
Basics
Social Media and Companies
Strategic Planning
Social Media Marketing
Performance Measurement
Opportunities and Threats
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 64
Owned Media – Paid Media – Earned Media
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 65
OwnedMedia
PaidMedia
EarnedMedia
Owned Media: Any communication property that you can control and that is unique toyour brand
Earned Media: The result of media relation‘s efforts: contents that are spread by users orthe media without being paid for it
Paid Media: Paid advertising, e.g. to optimize the digital visibility
Owned Media – Paid Media – Earned Media
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 66
Source: http://blog.hootsuite.com/converged-media-brito-part-1/ (21.4.2015)
Trust in Earned and Owned Media in Comparison
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 67
Nielsen (Hg.): Global Trust in Advertising. Winning Strategies for an Evolving Media Landscape. 2015, S. 4. Abrufbar unter: http://www.nielsen.com/de/de/insights/reports/2015/Trust-in-Advertising.html
Paid Media on Facebook
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 68
Source: Facebook for business. Ads productguide. March 2014
Facebook offers a variety of ad formats Targeting opportunities based on demographic data and interest Cost per Click or CPM. Realtime analysis
Paid Media on Youtube I
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Source: https://support.google.com/youtube/answer/2467968?hl=en (21.4.2015)
Paid Media on Youtube II
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Source: https://support.google.com/youtube/answer/2467968?hl=en (21.4.2015)
Paid Media on Twitter
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 71
Promoted Tweets: Promotion of specific tweets
Promoted Accounts: „Recommendation“ of other accounts to follow
Promoted Trends: Paid trending topics
Agenda Online Marketing
Basics
Social Media and Companies
Strategic Planning
Social Media Marketing
Performance Measurement
Opportunities and Threats
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 72
Social Media Monitoring
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 73
DefinitionSocial media monitoring is an active monitoring of social media channels for information about a company or organization, usually tracking of various social media content such as blogs, wikis, news sites, micro-blogs […], social networking sites, video/photo sharing websites, forums, […] as a way to determine the volume and sentiment of online conversation about a brand or topic. (Source: wikipedia.org)
Social Media Monitoring offers chances and helps to identify risks at an early stage
Users talk about brands and companies – no controlpossible Active listening
Unfiltered communicationIdentification of trends and relevant topicsmay lead to an advantage compared tocompetitors
Negative mentions usually spread fast Early reaction possible
Build a good reputation is a long term project –destroying a good reputation goes much faster
Monitoring as an early warning system
Fields of Applications and Limitation
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 74
Fields of applications:
Identification of relevant topics and platforms Monitoring of key performance indicators Identification of influencers Learn the „language of consumers“ Feedback on the use of products Source for innovations Evaluation of communication measures
Limitations:
Technological limitation: human communication can only be partly analyzed automatically Ressources (manpower, budget) „Representative minority“? Ethical limitation: Analysis of communication without permission
Performance Measurement: Possible Key Performance Indicators
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 75
Social Media Monitoring and Management Tools
Often provided by platforms Business Intelligence, Market researchDatabase
Key figures
„Read the meter“ Monitoring & Analysis Combined methods
Customer Satisfaction
Market shareAgendasetting
Success of a campaign
Level of Awareness
Customer Value
Simplicity/ Speed
Effort/ new insights
Likes
FansFollowers
Views
Klicks
Subscribers
Share of Voice
Interaction
ReachRecommendations
Sentiment
Channel Attraction
Netpromoter Score
Hard Bounces
Impact
Agenda Online Marketing
Basics
Social Media and Companies
Strategic Planning
Social Media Marketing
Performance Measurement
Opportunities and Threats
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Threat: The Social Media Crisis
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Adapted from http://www.big-social-media.de/news_publikationen/meldungen/2012_06_04_Monitoring_als_FWS.php, 19.2.2014
Time
Awar
enes
s
Appearance Acceleration DeclinePeakSpread in traditional media
Identification of issue too lateMonitoring
Online Online & Offline
Issues often come up in forums and spread in a viral way both in the online and offline world Globale linkage leads to fast dissemination (memes) Some topics with a real crisis potential
Every critical subject is an issue, only a very fey become a crisis
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Crisis
Every issue requires experience to act properly and avoid a crisis. Each crisis demands a prepared crisis management system to calm the situation.
Issue/Topic
Issueclosed
+Act properly
–Act improperly
Input
Opportunity: Videos and Podcasts in Social Media
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 79
Videos and podcasts
Provide (background) information Are easier to consume than texts Can be produced in a more emotional way
Requirements
Shorter videos/podcasts usually have a lower abandon rate Videos and podcasts must fulfill the brand‘s promise with regards to quality
Objective
The recipient receives further information he/she cannot find in the text The recipient is addressed more emotionally
Opportunity: Social CRM
Summer Semester 2016 Corporate Communications | Prof. Dr. Wilke Hammerschmidt 80
Definition:
A philosophy and a business strategy, supported by a technology platform, business rules, workflow, processes and social characteristics, designed to engage the customer in a collaborative conversation in order to provide mutually beneficial valuein a trusted and transparent business environment. It is the company’s response to the customer’s ownership of the conversation.
CRM was about managing the customer. Social CRM is about engaging with the customer.
Paul Greenberg
= Social Customer Relationship Management