Marketers must find ways to manage, improve, and scale their social media strategy beyond Facebook and Twitter. Engaging with customers through social networks is becoming a vital part in any companies’ brand marketing strategy, but there are high demands of time and resources, plus difficulties measuring return on investment. In this session, you’ll learn how to create a Social Hub, around which you can better control your efforts. We’ll discuss ways to improve efficiencies in your social marketing and provide answers to numerous questions, including how to scale your social media strategy across the Internet; manage multiple social marketing efforts; and put user generated content to work for you, by building and leveraging advocates.
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Are You in Need of A Comprehensive Social Media Strategy?
1. The Social Hub: A Comprehensive Social Media Strategy January 20, 2010 Rich Ullman Kailei Richardson rich@ripple6.com kailei@ripple6.com
2. Agenda Introduction Why Should Brands Care? What to Do? Elements of a Comprehensive Social Strategy How It Works The Social Hub Q&A
3. Who is Ripple6? Founded 2006 A wholly-owned, independently operated subsidiary of Gannett. Co., Inc. (as of 11/2008) Sister Companies – Point Roll, ShopLocal, USA Today, HSSports.net, BNQT Social Platform; Strategic Innovation Partner Partners include Procter & Gamble, Gannett , Meredith, Unilever
4. Why Should Brands Care About Social? Size Doesn’t Matter “I would argue social networks and digital media are scale at play…” The Consumer is Boss. “… learning… listening… observing… living with them. Image Source: The Financial Times; Good2work.com
5. What Are Consumers Saying About Social? 89%believe a company should be present and interact with consumers to solve problems and solicit feedback 72% feel a stronger connection with and better served by companies whom they interact with in social media 74%have a more positive image of a brand having a presence in new media Source: 2009 Cone Consumer New Media Study
6. What Are Consumers Doing About Social? 1 of every 6 minutes spent online in social networks Time spent in social nets growing 3x faster than any other segment 69% of social network users have said something about a company or brand Source: Nielsen Online; August 2009. Anderson Analytics / eMarketer: July 2009
7. Forrester: The Trillion Dollar Marketplace Half of all retail sales to be influenced by the Internet *Forrester Research, US Online Retail Forecast
8. The Children of Cyberspace “People two, three or four years apart are having completely different experiences with technology. College students scratch their heads at what their high school siblings are doing, and they scratch their heads at their younger siblings. It has sped up generational differences.” Lee RainieDirector of the Pew Internet Project http://www.nytimes.com/2010/01/10/weekinreview/10stone.html
9. What will be their expectations? January 19, 2010 Source: Business Insider, Silicon Alley Insider
10. CMO Survey: 81% Use for Brand Awareness Source: Christina Moorman, Duke University: The CMO Survey
24. Creativity looks like content. Easy Entertaining vs. Coffee Machine. “I just looked into this more, and wow wow wow- it's more than just a coffee machine - oo la la!”