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VIPdesk Webinar Series

                                              The Impact of Social Media
                                              on the 2010 Retail Holiday
                                              Season
Presented by:
Liat Myers
Social Media Director,
VIPdesk                                                                         View the webinar




               324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   1
Agenda

• The importance of social media to the retail industry
• The most relevant social media tools to retailers
• The increasing importance of online reviews via social
  media sites
• Rewarding customer loyalty via social media
• More about VIPdesk




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   2
About Today’s Presenter

                                 Liat Myers
                                 Director of Social Media
                              • Expert on strategy, tools, and techniques used to drive
                                customer relationship management via social media

                              • Designed social media strategies for customer
                                acquisition, relationship management, and reputation
                                shift

                              • Loves helping businesses make best use of Facebook,
                                Twitter, Wikipedia, blogs, iPhone apps, and other
                                sharing tools.

                              • 15+ years of global marketing experience


     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   3
Tweeting about Today’s Webinar?




  VIPdesk on Twitter: @VIPdesk
       Hashtag: #vipdesk



    324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   4
VIPdesk. Making
  Great Brands Even
  Better.




The Importance of Social Media to
the Retail Industry



     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   5
Your Customers Are Using Social Media

• People spend 700 Billion minutes per month on social
  media sites

• Facebook and Twitter account for 22.7% of time spent on
  the Web

• Email is losing share of online time - from 11.5% to 8.3%

• Approximately 60% of the time spent on the mobile Internet
  is spent on social networking sites and apps
        324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   6
What is Social Media?
• All online tools people use to share content, opinions,
  insights, experiences, and perspectives
   •   Social Networks (Facebook, Twitter, MySpace)
   •   Blogs (Nytimes, tech blogs)
   •   Photo and video sharing sites (Flickr, YouTube)
   •   Review sites (Epinions, Amazon)
   •   Location based networks (Foursquare)
   •   Wikipedia




        324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   7
Benefits of Social Media to Retailers
• Build an army of advocates

• Solve problems more efficiently and in public

• Helps humanize the brand

• Communicate/collect feedback on a real time basis

• Reduce costs


       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   8
Importance of Social Media During Holiday Season

• Shoppers are bringing the experience of the mall with a
  friend to the web

• Customers are in constant contact with each other
   • Locations of deals
   • Hard-to-find products
   • Shortest lines


• Your opportunity to give customers a reason to choose
  you vs. your competitors

       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   9
VIPdesk. Making
  Great Brands Even
  Better.




The Most Relevant Social Media
Platforms to Retailers



     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   10
Facebook

• Facebook should be the social media hub for your
  customers, keeping them “in the know” about your
  brand:
   •   Company news
   •   Event announcements
   •   Promotional offerings
   •   Videos and photos
   •   Community discussions
   •   Q&A


• Vital way brands can engage with/support customers

        324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   11
Facebook for Retailers
• Landing tab should welcome new visitors, give clearly defined
  call-to-action to become a fan
• Utilize relevant tabs and customize additional ones
• Allow fans to shop from Facebook via shopping tab/“store”
• Dedicated customer care tab
• Live Chat
• “Like” feature
• Facebook only contests and specials




            324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   12
Facebook Tabs Retailers


                                                            1-800-FLOWERS
                                                             Shopping Tab




           Levi’s                                                                                                   Qwest Communications
        Landing Tab                                                                                                  Customer Care Tab
Call-To-Action & Custom Reveal




                   324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   13
Facebook “Likes”




     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   14
Twitter

• Twitter offers brands an opportunity to connect on a
  personal level and communicate with their customers

• Smart use of Twitter can empower retailers to deliver
  exceptional one-on-one customer service

• Scales better than “great customer service of old days”




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   15
Twitter for Retailers


• Use Twitter to engage with your users and have a
  dialogue—not just self-promote

• Use hashtags

• The new 1-800 number

• Promote others


       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   16
Video Sharing Sites
• Video strategy needs to be an integral part of a marketing
  and social media program
• All retailers should have a Video SEO strategy
   •   YouTube channel
   •   Include relevant links and calls to action
   •   Tag videos with related keywords
   •   Share on Facebook, Twitter, Blog, etc
   •   Continue to build channel with related videos
   •   Embed videos into your blog
   •   Encourage your fans to upload videos
• Short and entertaining are the keys to successful videos
• Encourage fan and “haul” videos
        324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   17
Location-based Social Networking
• Users keep friends informed about their whereabouts, favorite places
  to shop.
    • Users see who has “checked in” at a location
    • Game element to earn badges and become “Mayor”
• Why is it important to retailers?
    •   Foursquare, the largest player, has over 3 million members
    •   Facebook recently launched “Facebook Places”
    •   See who is visiting retail location(s) and how often
    •   Very viral!
• How can you participate?
    • Provide user-only rewards such as discounts and promotions
    • Incorporate game-like elements rewarding those who “check in” with
      points and badges
    • Award special privileges and discounts to “ the Mayor”
          324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   18
Group Buying Sites
• Daily deal sites offer users local deals: restaurants,
  retailers, activities and more

• Groupon, Living Social, Buy With Me, many more

• Built on the concept of collective buying

• Very effective in reaching new customers and gaining
  exposure



       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   19
The Role of Online Review Sites
• 64% of buyers find online user reviews important when
  making a purchase

• 47 % say information provided by other consumers is
  more important than marketing information.

• Popular online review sites:
   •   Epinions
   •   Overstock.com
   •   Amazon.com
   •   ToysRUs.com

        324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   20
Key Take-a-Ways

•If you’re not engaging in social media, start now

•Facebook should be the social media hub for your
customers

•Important to monitor, listen and respond to your customers
on all social media sites – in as real-time a manner as
possible

•Keep up with social media trends and engage/participate
on relevant sites
   •Foursquare, Facebook Places, Groupon, Living Social etc.

        324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   21
VIPdesk. Making
  Great Brands Even
  Better.




Questions and Discussion



     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   22
Upcoming VIPdesk Webinars

October 2010
•October 26: How Quicken Loans Uses Social Media to Strengthen
 Customer Relationships


November 2010
•November 9: Customer Experience Management: The Key to
 Continued Business Growth & Success
•November 30: How to Integrate Social Media Into Your Contact Center




        324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   23
VIPdesk. Making
 Great Brands Even
 Better.




About Us




    324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   24
Connect With Us Online

              Website: http://www.vipdesk.com

              Blog: http://blog.vipdesk.com

              Twitter: http://twitter.com/vipdesk

              Facebook: http://facebook.com/vipdesk

              LinkedIn: http://linkedin.com/companies/vipdesk

              YouTube: http://youtube.com/user/vipdesk

              Via RSS: http://twitter.com/statuses/user_timeline/23095083.rss

     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   25
Making Great Brands Even Better


Serving as a seamless extension of leading brands, our innovative
   Brand Experience Management Solutions deliver memorable
customer experiences, business insights and actionable intelligence
  that generate customer advocacy and drive business growth.




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   26
VIPdesk Service Offerings




                                                                                                                                         Voice of
 Concierge     Customer                         Social                                                                                  Customer
                                                                         Experiential                         IVR
and Loyalty      Care                           Media                                                                                   Surveying
                                                                          Programs                          Services
  Services     Solutions                       Support                                                                                     and
                                                                                                                                        Analytics




              324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   27
Customer Care Experts

• 20+ years of customer service experience
• 10+ years optimizing home-based model
• Expertise in virtual recruiting, training and performance
  management
• Demographically matched Brand Ambassadors and
  Concierges
• Unique platform, processes and culture




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   28
Brand Leaders Trust Us




     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   29
VIPdesk. Making
Great Brands Even
Better.



                                              Liat Myers
                                         Social Media Director



                                           (646) 696-8487
                                        lmyers@vipdesk.com
                                    http://twitter.com/liatmyers
                                      http://www.vipdesk.com


   324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   30

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The Impact of Social Media on the 2010 Retail Holiday Season 101910

  • 1. VIPdesk Webinar Series The Impact of Social Media on the 2010 Retail Holiday Season Presented by: Liat Myers Social Media Director, VIPdesk View the webinar 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 1
  • 2. Agenda • The importance of social media to the retail industry • The most relevant social media tools to retailers • The increasing importance of online reviews via social media sites • Rewarding customer loyalty via social media • More about VIPdesk 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 2
  • 3. About Today’s Presenter Liat Myers Director of Social Media • Expert on strategy, tools, and techniques used to drive customer relationship management via social media • Designed social media strategies for customer acquisition, relationship management, and reputation shift • Loves helping businesses make best use of Facebook, Twitter, Wikipedia, blogs, iPhone apps, and other sharing tools. • 15+ years of global marketing experience 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 3
  • 4. Tweeting about Today’s Webinar? VIPdesk on Twitter: @VIPdesk Hashtag: #vipdesk 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 4
  • 5. VIPdesk. Making Great Brands Even Better. The Importance of Social Media to the Retail Industry 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 5
  • 6. Your Customers Are Using Social Media • People spend 700 Billion minutes per month on social media sites • Facebook and Twitter account for 22.7% of time spent on the Web • Email is losing share of online time - from 11.5% to 8.3% • Approximately 60% of the time spent on the mobile Internet is spent on social networking sites and apps 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 6
  • 7. What is Social Media? • All online tools people use to share content, opinions, insights, experiences, and perspectives • Social Networks (Facebook, Twitter, MySpace) • Blogs (Nytimes, tech blogs) • Photo and video sharing sites (Flickr, YouTube) • Review sites (Epinions, Amazon) • Location based networks (Foursquare) • Wikipedia 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 7
  • 8. Benefits of Social Media to Retailers • Build an army of advocates • Solve problems more efficiently and in public • Helps humanize the brand • Communicate/collect feedback on a real time basis • Reduce costs 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 8
  • 9. Importance of Social Media During Holiday Season • Shoppers are bringing the experience of the mall with a friend to the web • Customers are in constant contact with each other • Locations of deals • Hard-to-find products • Shortest lines • Your opportunity to give customers a reason to choose you vs. your competitors 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 9
  • 10. VIPdesk. Making Great Brands Even Better. The Most Relevant Social Media Platforms to Retailers 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 10
  • 11. Facebook • Facebook should be the social media hub for your customers, keeping them “in the know” about your brand: • Company news • Event announcements • Promotional offerings • Videos and photos • Community discussions • Q&A • Vital way brands can engage with/support customers 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 11
  • 12. Facebook for Retailers • Landing tab should welcome new visitors, give clearly defined call-to-action to become a fan • Utilize relevant tabs and customize additional ones • Allow fans to shop from Facebook via shopping tab/“store” • Dedicated customer care tab • Live Chat • “Like” feature • Facebook only contests and specials 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 12
  • 13. Facebook Tabs Retailers 1-800-FLOWERS Shopping Tab Levi’s Qwest Communications Landing Tab Customer Care Tab Call-To-Action & Custom Reveal 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 13
  • 14. Facebook “Likes” 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 14
  • 15. Twitter • Twitter offers brands an opportunity to connect on a personal level and communicate with their customers • Smart use of Twitter can empower retailers to deliver exceptional one-on-one customer service • Scales better than “great customer service of old days” 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 15
  • 16. Twitter for Retailers • Use Twitter to engage with your users and have a dialogue—not just self-promote • Use hashtags • The new 1-800 number • Promote others 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 16
  • 17. Video Sharing Sites • Video strategy needs to be an integral part of a marketing and social media program • All retailers should have a Video SEO strategy • YouTube channel • Include relevant links and calls to action • Tag videos with related keywords • Share on Facebook, Twitter, Blog, etc • Continue to build channel with related videos • Embed videos into your blog • Encourage your fans to upload videos • Short and entertaining are the keys to successful videos • Encourage fan and “haul” videos 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 17
  • 18. Location-based Social Networking • Users keep friends informed about their whereabouts, favorite places to shop. • Users see who has “checked in” at a location • Game element to earn badges and become “Mayor” • Why is it important to retailers? • Foursquare, the largest player, has over 3 million members • Facebook recently launched “Facebook Places” • See who is visiting retail location(s) and how often • Very viral! • How can you participate? • Provide user-only rewards such as discounts and promotions • Incorporate game-like elements rewarding those who “check in” with points and badges • Award special privileges and discounts to “ the Mayor” 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 18
  • 19. Group Buying Sites • Daily deal sites offer users local deals: restaurants, retailers, activities and more • Groupon, Living Social, Buy With Me, many more • Built on the concept of collective buying • Very effective in reaching new customers and gaining exposure 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 19
  • 20. The Role of Online Review Sites • 64% of buyers find online user reviews important when making a purchase • 47 % say information provided by other consumers is more important than marketing information. • Popular online review sites: • Epinions • Overstock.com • Amazon.com • ToysRUs.com 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 20
  • 21. Key Take-a-Ways •If you’re not engaging in social media, start now •Facebook should be the social media hub for your customers •Important to monitor, listen and respond to your customers on all social media sites – in as real-time a manner as possible •Keep up with social media trends and engage/participate on relevant sites •Foursquare, Facebook Places, Groupon, Living Social etc. 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 21
  • 22. VIPdesk. Making Great Brands Even Better. Questions and Discussion 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 22
  • 23. Upcoming VIPdesk Webinars October 2010 •October 26: How Quicken Loans Uses Social Media to Strengthen Customer Relationships November 2010 •November 9: Customer Experience Management: The Key to Continued Business Growth & Success •November 30: How to Integrate Social Media Into Your Contact Center 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 23
  • 24. VIPdesk. Making Great Brands Even Better. About Us 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 24
  • 25. Connect With Us Online Website: http://www.vipdesk.com Blog: http://blog.vipdesk.com Twitter: http://twitter.com/vipdesk Facebook: http://facebook.com/vipdesk LinkedIn: http://linkedin.com/companies/vipdesk YouTube: http://youtube.com/user/vipdesk Via RSS: http://twitter.com/statuses/user_timeline/23095083.rss 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 25
  • 26. Making Great Brands Even Better Serving as a seamless extension of leading brands, our innovative Brand Experience Management Solutions deliver memorable customer experiences, business insights and actionable intelligence that generate customer advocacy and drive business growth. 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 26
  • 27. VIPdesk Service Offerings Voice of Concierge Customer Social Customer Experiential IVR and Loyalty Care Media Surveying Programs Services Services Solutions Support and Analytics 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 27
  • 28. Customer Care Experts • 20+ years of customer service experience • 10+ years optimizing home-based model • Expertise in virtual recruiting, training and performance management • Demographically matched Brand Ambassadors and Concierges • Unique platform, processes and culture 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 28
  • 29. Brand Leaders Trust Us 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 29
  • 30. VIPdesk. Making Great Brands Even Better. Liat Myers Social Media Director (646) 696-8487 lmyers@vipdesk.com http://twitter.com/liatmyers http://www.vipdesk.com 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 30