6. 80 experts
strategy & research
branding & communications
user centred design
development & hosting
digital marketing
Digital Finance Forum 2012 #PrecSem
7. 5 sectors
financial services
membership organisations
third sector
education
health
Digital Finance Forum 2012 #PrecSem
8. 5 offices
London
Edinburgh
Cardiff
Melbourne
Perth
Digital Finance Forum 2012 #PrecSem
9. 22 years
experience
quality
stability
loyalty
results
Digital Finance Forum 2012 #PrecSem
23. Banks x10
Building Societies x10
Asset Managers x10
Insurers, Life and Pensions x10
Online only Financial Services x10
Digital Finance Forum 2012 #PrecSem
24. Qualitative and quantitative
Whoโs using what, for what?
Is it integrated and meaningful?
What is best practice?
Digital Finance Forum 2012 #PrecSem
28. โOf course, the Web is catching on,
particularly in the financial service sector.
Yet, many corporations, still havenโt
understood the opportunities that lie in sales,
marketing and customer services โ in fact in
almost every area of their activitiesโ
Adrian Porter - Porter Research - 1998
Digital Finance Forum 2012 #PrecSem
50. Discussion points
The corporate video is dead.
Timeliness and relevance is far more important than
production values.
Viral video is not a realistic campaign strategy for
finance companies.
Digital Finance Forum 2012 #PrecSem
57. first direct doesnโt hire
bankers, says its Head of Public
Relations, Amanda Brown, โFrom
the beginning, we wanted great
communicators who could be
taught how to bank.โ
80. Transparency
Explains your actions
Garner feedback
Passionate/credible
Willingness
Digital Finance Forum 2012 #PrecSem
81. "Shooting in progress in Oxford Circus? What?" @TreborFlow
"Gun alert on oxford circus right now? is it true?" @HannahLisaGreen
โGunman loose in Oxford Circus?โ @StephAldrich
โPLEASE RETWEET - Police say incident on Oxford Circus/ St is a rumour
started by someone.... #Idiotโ @jamie_shepherd
Digital Finance Forum 2012 #PrecSem
82. โcompliance friendly way for
financial professionals to
actively join the dialogue.โ
Wedbush hopes to humanize
and avoid โindustry-standard
canned responsesโ
Digital Finance Forum 2012 #PrecSem
92. Be Personal (Use your own voice)
Publish visual content on Facebook โ the status is dead!
Know your audience (#)
Focused (whatโs really important)
Zzzzzzzzz....... Interesting, useful & timely
Blogs should be quick to read (400 โ 1,000 words)
Enable a community (Question, listen & interact)
Through all your media
Make your cover photo on Facebook stand out and say something
On Facebook add calls to action in the tabs
Digital Finance Forum 2012 #PrecSem
93. Discussion points
Curating your โcompetitorsโ content is a good way to
maintain a valued advantage
It is appropriate for financial services firms to engage
audiences on Facebook
Niche/Boutique social networks will become more
relevant than mainstream networks
Digital Finance Forum 2012 #PrecSem
94.
95. Today
โข Presentations 8.20 โ 9.15
Introduction, Rich media, Blogging and Social Networks
Coffee
โข Presentations 9.30 - 10.00
Mobile, Website innovation
โข Breakout discussions 10.00 - 11.30
4 x โ15 minutesโ (musical chairs)
โข Effective digital strategy 11.30 - 12.00
โข Wrap up 12.00
Digital Finance Forum 2012 #PrecSem
Editor's Notes
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
MSh
MSh
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
In terms of 1 Recruitment and brand reputation2 throughout the student experience3 As a revenue stream
RM is all around us so much that we donโt really even question it any more. Youtube now a synechdoche for video in general, and thatโs what weโll be focusing on. Our report shows that most people are using video without question, but integration is lacking (as will be a theme throughout this morning)
http://www.youtube.com/watch?v=kEeoD2r0inE โ was going to start with this exciting example of rich media use by Skandia โ who wants to watch 17 minutes of terms and conditions?
Is this any good
Actually we can probably do better, and hereโs three ways
1/3 build trust. Internet/digital comms can make us suspicious, and in the financial sector even more so. We want to be convinced. Show them the whites of your eyes
Updates every morning. Nice and simple and well used (see stats)
https://www.youtube.com/watch?v=iMvicTIF974 banking with ING can be โas easy and enjoyable as buying a cup of coffeeโ (so says the CEO) โ a real commitment and a real face
Podcasts/thought leadership from JP Morgan โ minimise risk, doing business in australia. Straight from the experts.
2/3 show people how to/do it yourself
Massive increase in how to search terms. Imagine the kind of nonsense you receive from searching โmortgagesโ vs โhow to plan for my mortgageโ. Searchers have become more sophisticated and producers are responding to that
Investopedia โ demystifying the process
โImpartialโ advice from Lloyds โ โMortgages explainedโ. This channel also promotes their brand identity and picks up on their TV campaign. But it doesnโt do this in isolation โ it is one part of a wider things that generatesโฆ
3/3 bees. Or buzz
Kiwi bank switch campaign โ big budget, CoD inspired craziness, but all fully integrated and an incredibly seamless transition from rich/social media to branded transactional pages โ feels like an experience, also integrates seamlessly with their facebook page to promote the experience (and custom) to your friends
And where you end up โ fully integrated. Isnโt this a better experience than Zopa?
http://www.youtube.com/watch?v=m3MT59zc6Ms&list=UUW1pPkl39VQHvSUE72ayF-Q&index=8&feature=plcpโ doesnโt have to be big budget investment in digital, as this interactive video from Time to Change mental health charity shows
http://www.youtube.com/watch?v=ZEYLalzacyU โ commonwealth bank AR app interacts with newspaper ad to show features of their property guide app. Pretty flashy
Hello, {WHO AM I}I want to give you an overview of what social media and blogging is, why it should be important to you as well as some best practice and tips to take away.Itโs a convoluted path we tread into the social world, and there is no such thing as instant success. Before I continue I too have a warningโฆ. Not bees. Something far worseโฆ.. ZUCKERBERG!
In some teenage girls, a word spoken in between each word in a sentence. A meaningless word used in teen-age American speech which may indicate, among other things a gap in thinking or brain functioning; a contemporary equivalent of "uh" or "um".
Published Journal, normally a series of discrete entries by an individual (or small group) themed on a certain single subject.
Launched in 2005Internet Based Social Lending - allowing people who have money to lend it to those who wish to borrowThefirst peer-to-peer lending company and acts as the "man in the middle", facilitating the loans process. As of April 2012, Zopa had lent ยฃ190m, and over ยฃ200m by May 2012, with the total ever increasing, almost exponentially.Over 5,000 people each month
So as an industry, financial services should be doing a huge amount online to engage with customers, and yet as this graph shows, it is the industry that is doing the least. In 2009, only 5%of the top 100 international banks acknowledged having a proactive online presenceAnd over 50% of banks have actually banned the use of social networks at work.This, as I will go on to explain, represents an enormous missed opportunity.Source: cConsultancy Customer Engagement Report 2010
So as an industry, financial services should be doing a huge amount online to engage with customers, and yet as this graph shows, it is the industry that is doing the least. In 2009, only 5%of the top 100 international banks acknowledged having a proactive online presenceAnd over 50% of banks have actually banned the use of social networks at work.This, as I will go on to explain, represents an enormous missed opportunity.Source: cConsultancy Customer Engagement Report 2010
So as an industry, financial services should be doing a huge amount online to engage with customers, and yet as this graph shows, it is the industry that is doing the least. In 2009, only 5%of the top 100 international banks acknowledged having a proactive online presenceAnd over 50% of banks have actually banned the use of social networks at work.This, as I will go on to explain, represents an enormous missed opportunity.Source: cConsultancy Customer Engagement Report 2010
Really sums up the change in mindset
....But which to use for what?
....But which to use for what?
Source:ย The AustralianTWITTER and Facebook are emerging as the call centres of the future, as brands employ professional conversationalists to engage directly with their customers via the medium.Media giant Aegis, in a prime example of the shift in communications power to social media, has formed a division, AegisLISA, to monitor the platform and act as hired brand advocates on it.The company is hiring what it describes as "highly skilled social media conversationalists" to staff the unit.Chris Luxford, president of Aegis Australia, said the agency was putting on dozens of skilled staff to act for clients as the voice of brands in social media."A lot of organisations send out bland commentary but social media is all about personality and people don't want a canned response," said Mr Luxford, who did not disclose the division's clients. "It's also about being proactive rather than reactive."Research suggests that consumers are becoming more attuned to seeking answers about issues with brands through social media, rather than navigating their way through a call centre phone menu.Julian Ward, managing director of social media specialist agency We Are Social, said the provision of the service was central to the new breed of social media agencies now appearing."It's a role that we perform for many of our clients, like an advertising agency might produce communications for their clients," Mr Ward said.But he said so-called conversational marketing was a fine balance between merely answering questions and providing a more engaged relationship with consumers."The ability to actually maintain attention with a consumer is immensely valuable, especially when other channels are less able to do this," he said."The challenge is crafting a content and editorial strategy that holds value and continues to intrigue and engage those on the receiving end. As a brand, do you want to answer customer questions or do you want to be the most talked about and engaged brand within your category?"James Griffin, co-founder of social media specialist SR7, said the opportunities of engaging with customers instantly via social media outweighed the risks.Social media allowed companies to reduce the need for customers to use call centres for simple issues. They also engaged customers to help one another, a model already adopted by computer giant HP."I think it is a brilliant insight into what the future is going to look like," Mr Griffin said."If you address a concern on Twitter or Facebook, you don't have to answer that call 10 times in a row in a call centre."Recent research by KPMG suggests that the ASB Bank's decision to open the world's first Facebook bank has resulted in customer service costs 48 times less than a traditional call centre.The report says the perceptions of social media's effectiveness was massively below the actual outcomes for relationship cultivation and public profile.
Blog is your opportunity to put your best foot forward - show yourself in the best light And get the benefits of Search Engine Marketing.Brand Building.Competitive Differentiation.Relational Marketing.Exploit the Niches.Media & Public Relations.Position You as an Expert.Reputation Management.All at a low cost
Twitter requires a different mindset- Openness Transparency Conversational (not sales first)
Robert Phillips โ Edelmen/Reuters 2010Should Trust appear on your balance sheet?
www.mallowstreet.com is a community for pension fund trustees, corporate sponsors, pensions managers, secretaries, actuaries and consultants. Through online connections, blogs, forums, videos and resource libraries, mallowstreet brings this community together with the providers of products and services to pension funds
