5. The Challenges for Brands
Why do I need to use these sites?
How do I integrate them into my business?
How do I know I’m effective?
What’s the ROI for my efforts?
6. Benefits of Using Social Sites for Business
Increased awareness of product, services
with targeted audience
More favourable perception of our
product, services
Better understanding of customer
perception of our brand
Increase in new business
Source: Harvard Business Review report ‘The New Conversation: Taking Social Media from Talk to Action" (2012)
7. Where we’re at now with Social ...
Social Intelligence
Social Customer Care
Social CRM
Social Selling
8. Social Selling: Online Buying Cycle
Selection
&
Purchase
Curiosity
Awareness
Consideration
&
Comparison
Specific
Interests &
Search
9. The Online Travel Consumer
Top Sites for Researching Travel
76%
40%
21%
Source: TripAdvisor survey of 15,000 travellers Jan 2013
Social Sites are complementary to what the travel agent is already doing
Social Selling is recognising the change in the buying cycle, how it is controlled by informed and highly connected consumers who conduct their research online and source out peer reviews before committing to a purchase.