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BSI FRIEND ME! BEST PRACTICES FOR HARNESSING THE POWER OF SOCIAL MEDIA. Hamburg, 18. June 2010
2003
2006
2008
FACTS
72% of all „SocialMedia“ Activities FAIL!
<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< ONLY 19% ARE RESPONSIBLE FOR 78% OF ALL SUCCESSFUL SOCIAL MEDIA ACTIVITIES
START-UPS ARE MORE SUCCESSFUL THAN COROPORATES ?
Why?
S R P V L T L Wedid an undercoverstudyforthe last 7 months in 12 countries acrossEuropesbiggestcompaniesto understand:  „Whatgoeswrong?“ 563 marketersfrom52 Brands wereinvolved! P
CRM? RESEARCH? ADVERTISING? 81% OF ALL COMPANIES DON‘T HAVE A CLEAR SOCIAL MEDIA STRATEGY! MARKETING? PR?
ONLY 4% SHARE THEIR SOCIAL MEDIA EXPERIENCE THROUGHOUT THE COMPANY
86% DON‘T HAVE A CLUE HOW TO HANDLE A SOCIAL MEDIA BACKLASH 86% DON‘T HAVE MANUALS HOW TO HANDLE A SOCIAL MEDIA BACKLASH
CORPORATES TEND TO TAKE TWICE AS LONG AS START-UPS FOR SOCIAL MEDIA PROJECTS
ONLY 1% COMMUNICATED WITH COMMUNITY MEMBERS IN PERSON!
ONLY 7% UNDERSTAND THE REAL VALUE OF CUSTOMER INTERACTIONS!
ONLY 27% HAVE A CLEAR UNDERSTANDING OF THEIR CUSTOMERS HOW THE REALITY OF BMW CONSUMERS LOOK LIKE HOW BMW THINKS OF CONSUMERS
Show me the money! 73% HAD TO SHOW THE MONEY AFTER    12 MONTHS
SOCIAL MEDIA PROJECTS ARE THREE TIMES MORE UNDER CONTROL
ONLY 17% ARE SATISFIED WITH THEIR „SOCIAL-MEDIA“ AGENCY
SO WHAT GOES WRONG?
XHTML Taggaling Basecamp Standardization GoogleMaps Unwieldy Simplicity Zengarden CssBeauty Rememberthemilk Writeboard Meebo Zimbra XHTML Tadalist Tagtagger Basecamp StumbleUpon Writely GTD Backpack RSSReader ZooZio Unwieldy Kiko Wikis CSS-Design Focus on Simplicity Cloudalicious Netvibes Wikipedia Protopage Googel IG Tagcloud Flickr Live.com Ajax CrowdSourcing Accessability Delicious Widgets Flock Collaboration Etsy Joy of Use Upcoming Planzo Folksonomy Flickr CraigList LinkedIn OpenBC Usability WASP Sharing Fotolia Blinksale Ebay Squidoo Pagerank The Long Tail Recommendation MTurk Firefox Ebay Simplicity UserCentred Google Perpetual Beta FOAF ITunes Amazon Social Software MARKETERS LIVE IN THE BUZZWORD ECONONMY! Sixdegrees PayPal RubyonRails LiveStreaming Orkut Participation Trust XFN Affiliation Friendster Economy Blogs Blogger Aggregation VC Typepad Soflow Technocrati A9 Plazes Digg LastFM CostperClick Adsense Simplebits Wordpress Mint GMail WEB 2.0 = Community Read.IO Measuremap Liveliness Stylegala Ipodder Qiro Podcasting Skype Gtalk Jabber Audio 9Rules Convergence XHTML Odeo Basecamp Alistapart IM DataInside Design Itunes Remixability Unwieldy SEO Castpost Videocasting Bit Torrent Video Fragmentation Vimeo Modularity Tagcloud Wifi Syndication XHTML Mobility UMTS Yahoo Maps Feedster Rest Basecamp Google Maps XHTML Unwieldy Basecamp Jaiku Buzztracker Web Standards XML CreativeCommons GoogleMaps YouTube Technocrati RSS Unwieldy Gmaps Mashups Newsgator Twitter OpenApis Google News Microformats.org Semantic Google Icerocket Y3thing MyYahoo Bloglines Inorder DataDriven ChalkIT Amazon Wink Alexa Rollyo Feedburner Pubsub Trendmapper Rojo Ning Soap
WHAT ARE WE TALKING ABOUT?
NO! NOT TECHNOLOGY!
NO! NO VIRAL CAMPAIGNS!
Connecting creating writing posting Sharing expressing customizing hacking mashing-upCustomizing linking reading browsing copying pasting reconnecting re-using rating recreating empowering socializing organizing reviewing editing joining collaborating tagging watching publishing Community participating  buying entertaining commenting researching  Self Expressing helping volunteering organizing listening Connecting creating writing posting Sharing expressing customizing hacking mashing-up Customizing linking reading browsing copying pasting reconnecting re-using rating recreating empowering socializing organizing reviewing editing joining collaborating tagging watching publishing Community participating  buying entertaining commenting researching  Self Expressing helping volunteering organizing listening Connecting creating writing posting Sharing expressing customizing hacking mashing-up Customizing linking reading browsing copying pasting reconnecting re-using rating recreating empowering socializing organizing reviewing editing joining collaborating tagging watching publishing Community participating  buying entertaining commenting researching  Self Expressing helping volunteering organizing listeningConnecting creating writing posting Sharing expressing customizing hacking mashing-up Customizing linking reading browsing copying pasting reconnecting re-using rating recreating empowering socializing organizing reviewing editing joining collaborating tagging watching publishing Community participating  buying entertaining commenting researching  Self Expressing helping volunteering organizing listening Connecting creating writing posting Sharing expressing customizing hacking mashing-up Customizing linking reading browsing copying pasting reconnecting re-using rating recreating empowering socializing organizing reviewing editing joining collaborating tagging watching publishing Community participating  buying entertaining commenting CONSUMER BEHAVIOUR!
THE MAIN SECRET?
Transaction Marketing Social Media Marketing Relationship Marketing C C C B B C 1960 1990 2003 SocialProductbenefit + Emotional Productbenefit + FunctionalProductbenefit Emotional Productbenefit + FunctionalProducbenefit FunctionalProductbenefit
LISTEN!
Understand yourConsumers Motives Become relevant! Manage itright! Maketherightstart! Get CEO Support Moderate  Become relevant offline again
MOTIVES!
THE NET IS THE NEW CONSUMER PROPERTY!
SELF-EXPRESSION  AS STATUSSYMBOL
VOYEURISM AS A  METHOD TO UNDERSTAND  THE SOCIAL RANKING
LINKS AS A WAY TO  INCREASE PROPERTY
RELEVANCE!
DISRUPT  SCHEMAS
APPROACHES?
BRANDED CONTENT/ ENTERTAINMENT?
CONSUMER PARTICIPATION – USER-GENERATED-CONTENT? Quelle: Brand Science Institute 2007: Brand Communities als Kundenbindungsstrategie effektiver als Bonuspunkteprogramme
USEFUL           SERVICES?
CONSUMER PANELS? Quelle: Brand Science Institute 2007: Brand Communities als Kundenbindungsstrategie effektiver als Bonuspunkteprogramme
WHICH APPROACH IS MORE SUCCESSFUL?
MANAGE!
SOCIAL MEDIA PROJECTS = INTERNAL START-UPS
EARLY-AVAILBILITY OVER CORRECTNESS
Brand Communication CONSUMER INTEREST MEDIA Pre-launch Launch Post-Launch
Brand Communication MEDIA CONSUMER INTEREST Pre-launch Launch Post-Launch
START!
EVERYBODY?
CONCENTRATE ON YOUR HIDDEN ADVOCATES!
LIGHT LOYAL:LUCY! Quelle: Brand Science Institute 2008: Exploring The Effects of Weak-Ties on Brand Community Performance
LET LUCY LOOK BETTER – SOCIAL ENHANCEMENT IS THE KEY!
SUPPORT!
GET TOP-LEVEL SUPPORT! Quelle: Brand Science Institute 2008: The Influence of Corporate Culture on Long-Term Community Performance
…AND A SUPPORTIVE LEGAL DEPARTMENT!
…ooops!
MODERATE!
CLEAR PRINCIPLES ARE A MUST TO INSURE EVERBODY IS ALIGNED!
REWARD ADVOCATES
AVOID STRONG AND ANNOYING RULES TO YOUR COMMUNITY!
OFFLINE!
TAKE CARE OF PARA-SOCIAL BEHAVIOR! ABER! Quelle: Brand Science Institute 2007: Social-Network Community Behavior: Effects on Para-Social Interaction and Impulse Buying
„A long way home…“
BECOME RELEVANT OFFLINE!!!
X  3.9 x 5.2 x 2.7 x 3.4 x 2.8 x 1.9 x 2.5 Understand yourConsumers Motives Become relevant! Manage itright! Maketherightstart! Get CEO Support Moderate  Become relevant offline again LEVERAGE-FAKTOR
X  3.9 x 5.2 x 2.7 x 3.4 x 2.8 x 1.9 x 2.5 LEVERAGE-FAKTOR Verständnis vom Marketingparadigma-Wechsel und Social Media Einzigartiger und nutzenstiftender Community-Ansatz Ausführungsqualität in der Community-Planung und Projektdesign Ausführungsqualitäten in der Community-Einführung Struktur/Design/Kultur der Organisation Moderation der Community  Offline-Relevanz im lokalen Umfeld

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FRIEND ME! BEST PRACTICES FOR HARNESSING THE POWER OF SOCIAL MEDIA

  • 1. BSI FRIEND ME! BEST PRACTICES FOR HARNESSING THE POWER OF SOCIAL MEDIA. Hamburg, 18. June 2010
  • 6. 72% of all „SocialMedia“ Activities FAIL!
  • 7. <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< ONLY 19% ARE RESPONSIBLE FOR 78% OF ALL SUCCESSFUL SOCIAL MEDIA ACTIVITIES
  • 8. START-UPS ARE MORE SUCCESSFUL THAN COROPORATES ?
  • 10. S R P V L T L Wedid an undercoverstudyforthe last 7 months in 12 countries acrossEuropesbiggestcompaniesto understand: „Whatgoeswrong?“ 563 marketersfrom52 Brands wereinvolved! P
  • 11. CRM? RESEARCH? ADVERTISING? 81% OF ALL COMPANIES DON‘T HAVE A CLEAR SOCIAL MEDIA STRATEGY! MARKETING? PR?
  • 12. ONLY 4% SHARE THEIR SOCIAL MEDIA EXPERIENCE THROUGHOUT THE COMPANY
  • 13. 86% DON‘T HAVE A CLUE HOW TO HANDLE A SOCIAL MEDIA BACKLASH 86% DON‘T HAVE MANUALS HOW TO HANDLE A SOCIAL MEDIA BACKLASH
  • 14. CORPORATES TEND TO TAKE TWICE AS LONG AS START-UPS FOR SOCIAL MEDIA PROJECTS
  • 15. ONLY 1% COMMUNICATED WITH COMMUNITY MEMBERS IN PERSON!
  • 16. ONLY 7% UNDERSTAND THE REAL VALUE OF CUSTOMER INTERACTIONS!
  • 17. ONLY 27% HAVE A CLEAR UNDERSTANDING OF THEIR CUSTOMERS HOW THE REALITY OF BMW CONSUMERS LOOK LIKE HOW BMW THINKS OF CONSUMERS
  • 18. Show me the money! 73% HAD TO SHOW THE MONEY AFTER 12 MONTHS
  • 19. SOCIAL MEDIA PROJECTS ARE THREE TIMES MORE UNDER CONTROL
  • 20. ONLY 17% ARE SATISFIED WITH THEIR „SOCIAL-MEDIA“ AGENCY
  • 21. SO WHAT GOES WRONG?
  • 22. XHTML Taggaling Basecamp Standardization GoogleMaps Unwieldy Simplicity Zengarden CssBeauty Rememberthemilk Writeboard Meebo Zimbra XHTML Tadalist Tagtagger Basecamp StumbleUpon Writely GTD Backpack RSSReader ZooZio Unwieldy Kiko Wikis CSS-Design Focus on Simplicity Cloudalicious Netvibes Wikipedia Protopage Googel IG Tagcloud Flickr Live.com Ajax CrowdSourcing Accessability Delicious Widgets Flock Collaboration Etsy Joy of Use Upcoming Planzo Folksonomy Flickr CraigList LinkedIn OpenBC Usability WASP Sharing Fotolia Blinksale Ebay Squidoo Pagerank The Long Tail Recommendation MTurk Firefox Ebay Simplicity UserCentred Google Perpetual Beta FOAF ITunes Amazon Social Software MARKETERS LIVE IN THE BUZZWORD ECONONMY! Sixdegrees PayPal RubyonRails LiveStreaming Orkut Participation Trust XFN Affiliation Friendster Economy Blogs Blogger Aggregation VC Typepad Soflow Technocrati A9 Plazes Digg LastFM CostperClick Adsense Simplebits Wordpress Mint GMail WEB 2.0 = Community Read.IO Measuremap Liveliness Stylegala Ipodder Qiro Podcasting Skype Gtalk Jabber Audio 9Rules Convergence XHTML Odeo Basecamp Alistapart IM DataInside Design Itunes Remixability Unwieldy SEO Castpost Videocasting Bit Torrent Video Fragmentation Vimeo Modularity Tagcloud Wifi Syndication XHTML Mobility UMTS Yahoo Maps Feedster Rest Basecamp Google Maps XHTML Unwieldy Basecamp Jaiku Buzztracker Web Standards XML CreativeCommons GoogleMaps YouTube Technocrati RSS Unwieldy Gmaps Mashups Newsgator Twitter OpenApis Google News Microformats.org Semantic Google Icerocket Y3thing MyYahoo Bloglines Inorder DataDriven ChalkIT Amazon Wink Alexa Rollyo Feedburner Pubsub Trendmapper Rojo Ning Soap
  • 23. WHAT ARE WE TALKING ABOUT?
  • 25. NO! NO VIRAL CAMPAIGNS!
  • 26. Connecting creating writing posting Sharing expressing customizing hacking mashing-upCustomizing linking reading browsing copying pasting reconnecting re-using rating recreating empowering socializing organizing reviewing editing joining collaborating tagging watching publishing Community participating buying entertaining commenting researching Self Expressing helping volunteering organizing listening Connecting creating writing posting Sharing expressing customizing hacking mashing-up Customizing linking reading browsing copying pasting reconnecting re-using rating recreating empowering socializing organizing reviewing editing joining collaborating tagging watching publishing Community participating buying entertaining commenting researching Self Expressing helping volunteering organizing listening Connecting creating writing posting Sharing expressing customizing hacking mashing-up Customizing linking reading browsing copying pasting reconnecting re-using rating recreating empowering socializing organizing reviewing editing joining collaborating tagging watching publishing Community participating buying entertaining commenting researching Self Expressing helping volunteering organizing listeningConnecting creating writing posting Sharing expressing customizing hacking mashing-up Customizing linking reading browsing copying pasting reconnecting re-using rating recreating empowering socializing organizing reviewing editing joining collaborating tagging watching publishing Community participating buying entertaining commenting researching Self Expressing helping volunteering organizing listening Connecting creating writing posting Sharing expressing customizing hacking mashing-up Customizing linking reading browsing copying pasting reconnecting re-using rating recreating empowering socializing organizing reviewing editing joining collaborating tagging watching publishing Community participating buying entertaining commenting CONSUMER BEHAVIOUR!
  • 28. Transaction Marketing Social Media Marketing Relationship Marketing C C C B B C 1960 1990 2003 SocialProductbenefit + Emotional Productbenefit + FunctionalProductbenefit Emotional Productbenefit + FunctionalProducbenefit FunctionalProductbenefit
  • 30. Understand yourConsumers Motives Become relevant! Manage itright! Maketherightstart! Get CEO Support Moderate Become relevant offline again
  • 32.
  • 33. THE NET IS THE NEW CONSUMER PROPERTY!
  • 34. SELF-EXPRESSION AS STATUSSYMBOL
  • 35. VOYEURISM AS A METHOD TO UNDERSTAND THE SOCIAL RANKING
  • 36. LINKS AS A WAY TO INCREASE PROPERTY
  • 41. CONSUMER PARTICIPATION – USER-GENERATED-CONTENT? Quelle: Brand Science Institute 2007: Brand Communities als Kundenbindungsstrategie effektiver als Bonuspunkteprogramme
  • 42. USEFUL SERVICES?
  • 43. CONSUMER PANELS? Quelle: Brand Science Institute 2007: Brand Communities als Kundenbindungsstrategie effektiver als Bonuspunkteprogramme
  • 44. WHICH APPROACH IS MORE SUCCESSFUL?
  • 45.
  • 47. SOCIAL MEDIA PROJECTS = INTERNAL START-UPS
  • 49. Brand Communication CONSUMER INTEREST MEDIA Pre-launch Launch Post-Launch
  • 50. Brand Communication MEDIA CONSUMER INTEREST Pre-launch Launch Post-Launch
  • 53. CONCENTRATE ON YOUR HIDDEN ADVOCATES!
  • 54. LIGHT LOYAL:LUCY! Quelle: Brand Science Institute 2008: Exploring The Effects of Weak-Ties on Brand Community Performance
  • 55. LET LUCY LOOK BETTER – SOCIAL ENHANCEMENT IS THE KEY!
  • 57. GET TOP-LEVEL SUPPORT! Quelle: Brand Science Institute 2008: The Influence of Corporate Culture on Long-Term Community Performance
  • 58. …AND A SUPPORTIVE LEGAL DEPARTMENT!
  • 61. CLEAR PRINCIPLES ARE A MUST TO INSURE EVERBODY IS ALIGNED!
  • 63. AVOID STRONG AND ANNOYING RULES TO YOUR COMMUNITY!
  • 65. TAKE CARE OF PARA-SOCIAL BEHAVIOR! ABER! Quelle: Brand Science Institute 2007: Social-Network Community Behavior: Effects on Para-Social Interaction and Impulse Buying
  • 66. „A long way home…“
  • 68. X 3.9 x 5.2 x 2.7 x 3.4 x 2.8 x 1.9 x 2.5 Understand yourConsumers Motives Become relevant! Manage itright! Maketherightstart! Get CEO Support Moderate Become relevant offline again LEVERAGE-FAKTOR
  • 69. X 3.9 x 5.2 x 2.7 x 3.4 x 2.8 x 1.9 x 2.5 LEVERAGE-FAKTOR Verständnis vom Marketingparadigma-Wechsel und Social Media Einzigartiger und nutzenstiftender Community-Ansatz Ausführungsqualität in der Community-Planung und Projektdesign Ausführungsqualitäten in der Community-Einführung Struktur/Design/Kultur der Organisation Moderation der Community Offline-Relevanz im lokalen Umfeld