A big introduction to Social Media Marketing presented to Master's in Marketing & Creativity students at ESCP Europe in London. It focuses on the value of an idea in the era of Social Media, and insists on early-stage marketing.
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Social Media Marketing 101
1. What’s the value of an idea in the era of social media? Social Media Marketing
2.
3. Some statements: ideas happens in ideals “ Rohit Bhargava spoke about what he calls Likeonomics , which “explains the new affinity economy where the most likeable people, ideas and organizations are the ones we believe in, buy from and get inspired by”
4.
5. The world’s liquid, not flat « The planetary integration of governments, businesses and organisations has intensified in a second movement involving the integration of individuals and, more importantly, their consciousness. The youths surveyed here possess this new consciousness, which has become inseparable from real-world experience. It is the integration of individuals’ consciousness into the global system which distinguishes globalisation from internationalisation . » Dominique Reynié
9. … which historically tried to be solved through active & explicit actions: SEARCH_ “ Americans conducted 14.8 billion core searches in April 2009 “ comScore “ of the customers who shop for high-end merchandise online, 78 percent of them did so in order to find the best price while nearly as many, 77 percent, did so to compare brands” BrandWeek, January 2010
10. … but search has become social, pervasive recommendation…
11. As Social Media definition has pretty much changed its logics 2008 2011
12. As Social Media is in fact so real life Pleasure/pain, hope/fear social acceptance/rejection as new persuasive design (Fogg) A need for triggers
13. Social Media are more and more linked to social organizations at all “ To our surprise it turns out that these networks follow the same complicated mathematic rules as the Internet and social networks found on Facebook” Kasper Lage from Harvard Medical School MIT and Lars Allan Larsen from Wilhelm Johannsen Centre for Functional Genome Research, University of Copenhagen
14.
15.
16.
17.
18. So what could be the value of an idea in the era of Social Media?
19.
20. So value is only SOMETIMES directly linked to money
21. A new currency: the social one! “ Empire Avenue highlights a pervasive trend that will likely influence the business world in the long term. Like many other platforms, including [it] caters to human psychological factors and uses game techniques to reward participation and encourage a participant to willingly "give up" what is truly valuable in business--data. So why would someone want to give up data? Facebook knows the answer to this question: social currency .” David Armano
22.
23.
24. Value lies in communities of interests « Success is not a prescription. There isn’t one way to excel or measure progress. But, that’s the point. We must first design outcomes into the equation. What do we want to accomplish? What’s the return we seek? Are we trying to sell, change, drive, cause, or inspire something specific? Are we reducing customer problems as measured by inbound volume, open tickets, public discourse? Are we trying to shift sentiment to a more positive state that increases referrals as a result? » Brian Solis
25. Interests are at least as important as sociodemographics. It’s the economics, society, technics, ethics, needs, ideas, entrepreneurs, history, whatever that matter
39. Neuromarketing? “ This study demonstrated that the level of attention paid to Web ads affects explicit and implicit memory performance in a different manner. Specifically, if consumers pay greater attention to and subsequently experience conscious processing of Web ads, both explicit and implicit memory performance are enhanced. Conceptually, increased explicit memory performance at this level of processing is facilitated by elaborative semantic processes. Furthermore, as shown in the results of PDP (H2a and H2b), increased implicit memory performance are mainly attributable to consciously or intentionally acquired information. In contrast, if consumers pay minimal or no attention to Web ads and experience unconscious processing, only implicit memory performance would be enhanced due to the effects of unconscious components of memory. A positive correlation between implicit memory performance and brand attitude at this level of processing suggests that the mere exposure effects can be viewed as a demonstration of implicit memory , which is mainly affected by unconsciously or automatically acquired Web ad information ” Chan Yun Yoo
40. Rethinking the idea of value: reputation as the new currency to achieve great ideas
41.
42.
43. Tools are leverages, not strategies: did you know that you could grow flower with your tweets with Fulive?
44. A methodology to make an idea worth it in the era of social media ” The purpose of a business is to create a customer” Peter Drucker “ the purpose of a business is to serve a customer who creates customers" (Razorfish VP Shiv Singh)
52. Step 3: Structure your story Passive listening (= get the relevant information depending on your field) Engagement programmes towards key-influencers (= a significant story in which your key opinion leaders can increase & improve the reputation of your idea) Active listening (= prepare your organisation to respond to conversations to transform opportunities into value & threats into control) Campagne Experience Social platform (= places in which you can drive your publics & host their conversations & own ideas) Campagne Experience Campagne Experience Campagne Experience Word-of-Mouth accelerators Insi(ght)ders (= feed your vision from aggressive planning) CRM (=capitalize on your mktg history)
jowyang Jeremiah Owyang The "Museum of Me" is a fine example of how to use existing social data, gently stroke one's ego, and provide an emotional experience Jeremiah owyang
Michael Erard (a columnist) thinks for instance that prices of information commodities are inversely adjusted to the cognitive investment of consuming them. (…) Things requiring longer attention spans would be cheaper — they might even be free, and the higher fixed costs of producing them would be covered by the higher sales of the short attention span products. Single TV episodes would be more expensive to purchase than whole seasons, in the same way that a six-pack of Oreos at the gas station is more expensive, per cookie, than a whole tray at the grocery store.
B.J. Fogg, 2009. “A behavior model for persuasive design,” Proceedings of Persuasive ’09 , pp. 1–7, and at http://www.bjfogg.com/fbm_files/page4_1.pdf , accessed 3 June 2011.
Networks involved in heart diseases resemble Facebook http://www.cpr.ku.dk/news_list/news035/
Play with http://www.forrester.com/empowered/tool_consumer.html
UNIQLO, a local retailer in Harajuku Tokyo(Fashion District of Tokyo), based its strategy on intuition that people stopped buying things excessive going beyond their budgets, but still spent on seeking new things, and things that were in trend. Uniqlo = Unique and Clothing "We are selling jeans, not style, we don't want to push our brand logo, and you can combine our clothing with other brands". This is very different from what one hears in the industry. By not emphasizing the brand image and identity aspects, Uniqlo might be making a mistake.
http://moderntokyotimes.com/2011/05/27/tokyo-shiseido-the-ginza-is-where-cosmetics-and-decor-melts-into-a-pure-beauty-experience/ Therefore, Tokyo ladies and visiting ladies can experiment with digital cosmetic mirrors which are fully interactive and once the barcode is entered of the product which took the eye of the customer; then this will show the person how it will look once it is matched with the customers face. This enables the individual to utilize all the various colors which are on offer and the image also shows the look from different angles and this is pure luxury mixed with convenience and style. Counselors are on standby in order to help people with their skin types or other related areas of care and this all adds to the experience of each individual feeling special. Added to this, estheticians are available and with all the knowledge that they have learnt from the Shiseido Academy of Beauty & Fashion; then the customer is bound to get the highest quality of care and attention.
http://www.slideshare.net/ricardoroesler/apresentao-kotler Phillip Kotler on Marketing 3.0 In a study from the group of Read Montague , the director of the Human Neuroimaging Lab and the Center for Theoretical Neuroscience at Baylor College of Medicine , published in 2004 in Neuron , [3] 67 people had their brains scanned while being given the " Pepsi Challenge ", a blind taste test of Coca-Cola and Pepsi . Half the subjects chose Pepsi, since Pepsi tended to produce a stronger response than Coke in their brain's ventromedial prefrontal cortex , a region thought to process feelings of reward. But when the subjects were told they were drinking Coke three-quarters said that Coke tasted better. Their brain activity had also changed. The lateral prefrontal cortex , an area of the brain that scientists say governs high-level cognitive powers, and the hippocampus , an area related to memory, were now being used, indicating that the consumers were thinking about Coke and relating it to memories and other impressions. The results demonstrated that Pepsi should have half the market share, but in reality consumers are buying Coke for reasons related less to their taste preferences and more to their experience with the Coke brand. http://www.joeste.se/wp-content/uploads/2011/02/Unconscious-Processing-of-Web-Ads-ESSAIARTIKEL6.pdf CHAN YUN YOO is Assistant Professor, School of Journalism and Telecommunications, University of Kentucky; e-mail: chan.yoo@uky.edu
fulife , a Twitter iPhone app that lets you grow flowers with your tweets. When you write messages you can plant seeds and rain then falls, making your garden come to life. This “flower communication” tool also allows you to pick your sproutings and send them as presents to your Twitter chums.