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Social Media Strategies for Business

    Blending Social Media With
       Traditional Marketing

              Sponsored by
Upcoming Webinars:
October 8th @ 5pm GMT/1 PM ET/ 10am PT:
 Part I: “Social Media and B2B – Leveraging
         Wikipedia, Wikis” w/David King from Gutenberg
         PR
 October 22nd @ 4pm GMT/1 PM ET/ 10am PT:
 Part II: “Social Media and B2B – Micro
         blogging“ w/David King From Gutenberg PR



 ©2009
Speaker Bios


Jeremy Toeman is an expert in digital media and
consumer technology, spending 10+ years designing      Ari Newman is a passionate entrepreneur who
and marketing award-winning consumer electronics       excels in creating value in ideas and technology and
and Web services. He’s currently partner at Stage      thrives on the challenges and opportunities that
Two Consulting, a strategic marketing and media        define early stage companies. He is President and
relations firm. In addition to running Stage Two,       Founder of Filtrbox, a real-time social media
Jeremy conceived several new Web ventures in           monitoring service that helps companies listen to
2009, including Legacy Locker, the safe and secure     and engage in online conversations.  In the year since
way to pass your logins to your family and loved       launch, Filtrbox has grown to over 10,000 users and
ones; and TriviaonTwitter, a fun new way for brands    hundreds of customers. Previously Ari was Founder
to connect with Twitter users by giving away real      and Principal of Newman Venture Advisors, VP of
prizes to users tweeting answers to ongoing trivia     Product Management at CreekPath Systems and
questions.                                             Director of Operations at Volera. Ari’s expertise
                                                       includes SaaS, consumer internet, enterprise
Prior to Stage Two, Jeremy worked at Sling Media as    application software, IP networks, enterprise
VP Product Management, where he was responsible        storage, and social media marketing.
for guiding development of Slingbox, and architected
the company’s social media strategy.  Sling Media      He lives in Boulder, CO with his wife and two
was acquired by EchoStar in 2007.  Previously, he      children, where his happiest moments are when his
cofounded Mediabolic, a convergence technology         5 year old daughter agrees to watch cycling races
company acquired by Macrovision.                       with him..
Presentation Outline
•   The evolution of marketing

•   Traditional marketing vs. Social media marketing

•   Looking ahead - blending social and traditional marketing

•   How do we get there?

•   Listen, Engage, Monitor, Lead

•   Tools of the trade

•   Not everyone needs a Facebook page

•   Opt in via Twitter: is Twitter the new direct mail?

•   Other good Twitter uses

•   Best practices

•   Case studies

    ©2009
The Evolution of Marketing




  ©2009
Traditional Marketing vs. Social Marketing
Traditional Marketing
                         Social Marketing

•   Companies control the message               •   Word of Mouth (WOM)
•   Specific audience w/specific target           •   Real-time (two way) communication
    message
                                                •   Flexibility and growth
•   One way conversation: company to            •   Adapt and change mid-campaign
    consumer                                    •   More distribution channels

•   Tools of the trade: focus groups, direct
                                                •   Building community

    mail, advertising, etc.                     •   SEO/SEM
                                                •   Tools of the trade: Facebook, Twitter,
•   Database marketing                              Digg, Stumble Upon, etc.
•   Spam
                                                •   Build a networks of influencers
                                                •   Ability to establish real trust
                                                •   Listen, learn, engage




    ©2009
Looking Ahead – Blending Social and
Traditional Marketing
  Traditional Marketing




                              Social Media Marketing




     ©2009
How Do We Get
There?
Listen, Engage, Measure, Lead
4 Key steps in utilizing social media:
  •   Listen


  •   Engage


  •   Measure


  •   Lead
Listen
 •   Discovery comes first – use listening tools to see when,
     where and what people are talking about
 •   Observe how customers are reacting, where the
     conversation is going
 •   Assess how relevant/credible the source and
     conversation really is
 •   Passive: watch the flow of mentions over time (skim the
     treetops)
 •   Active: follow links, read comment threads, check out
     followers, etc. (peel the onion)
 •   Watch trends, activity, and volume




     ©2009
                                                     www.esource.com || © 2009 E source
Engage
•   Initiate conversation/discussion

•   Golden Rule #1: Be Timely

•   Golden Rule #2: Be Genuine

•   Golden Rule #3: Be Helpful

•   Golden Rule #4: Be Truthful

•   Golden Rule #5: Be Consistent

•   How? - Answer questions, provide useful links, publish tips,
    dispel rumors, offer opinion, respond to complaints



    ©2009
Measure
 •    Are you making an impact?

 •    Implement measurable ROI

 •    Make sure results are real-time and cover the spectrum of the
      media world: from micro blogs to network TV

 •    Start simple, then widen the net
 •    Essential items to track: company name, key mgmt., product
      name, key competitors, industry terms
 •    Analyze activity, sentiment, mentions, and influencers




     ©2009
                                                     www.esource.com || © 2009 E source
Lead
•   Build the foundations

•   Focus on your customer’s needs and implement change

•   Actively participate and initiate discussions

•   Connect with influencers

•   Blend online with offline – e.g. organize a MeetUp or Tweetup

•   Build community and brand loyalty




     ©2009
                                                     www.esource.com || © 2009 E source
Tools of the Trade
•   Filtrbox.com - real-time social media monitoring and alerts, http://
    filtrbox.com

•   Google Alerts - text alerts, http://www.google.com/alerts

•   RSS Feeds

•   Co-Tweet, http://cotweet.com; Seesmic Desktop, www.seesmic.com; and
    TweetDeck - desktop Twitter app, http://tweetdeck.com

•   Google Analytics, http://www.google.com/analytics

•   Getsatisfaction, http://getsatisfaction.com/ and Uservoice https://
    uservoice.com/

•   Plugins: Share This, Sociable, Add This, Feedflare,
    Digg, StumbleUpon, del.icio.us, etc.
•   Insert Shiny New Object Here…



     ©2009
Not Everyone Needs a Facebook Page
  When Social Media Isn’t Right:

  •     Your product has a limited audience


  •     You don’t have the resources or

        support to succeed


  •     Need high volume




      ©2009
Opt in Via Twitter:
Is it the New Direct Mail?

 •   People choose to consume your content

 •   People can opt-out at anytime

 •   100% guaranteed opt-out

 •   Amazing platform for distribution of information,
     content, and more about your product(s)/brand(s)




     ©2009
Other good Twitter uses
•   Customer service – find your unhappy customers and
    help them before they become ex-customers

•   Product planning – learn from your users/potential
    users about what new features/enhancements they
    want

•   Solicit use – great platform to find potential beta
    testers

•   Competitive research – watch, listen, and even engage!




    ©2009
Best Practices
•   Full transparency and authenticity – always

•   Don't spend on fluff or hype

•   Get risky without risking anything

•   Engage engage engage

•   Stay nimble – platforms are changing far too rapidly

•   Relationships aren't Rolodexes

•   Understand that we aren't in Kansas anymore, and we
    ain't goin' back!



    ©2009
Case Studies
   •     Bug Labs – launched the
         company at a dinner



   •     Pogoplug – award-winning,
         great sales; all
         communication via blog,
         community, and Twitter



   •     Boxee – defying all the
         rules


 ©2009
Questions?

                     Speaker Contact Info:
             Jeremy Toeman, Founder, Stage Two Consulting
          @jtoeman or @S2, jeremy@stagetwoconsulting.com




            Ari Newman, Founder and President, Filtrbox, Inc.
             @arinewman or @filtrbox, ari@filtrbox.com



  ©2009

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Blending social media with traditional marketing

  • 1. Social Media Strategies for Business Blending Social Media With Traditional Marketing Sponsored by
  • 2. Upcoming Webinars: October 8th @ 5pm GMT/1 PM ET/ 10am PT: Part I: “Social Media and B2B – Leveraging Wikipedia, Wikis” w/David King from Gutenberg PR October 22nd @ 4pm GMT/1 PM ET/ 10am PT: Part II: “Social Media and B2B – Micro blogging“ w/David King From Gutenberg PR ©2009
  • 3. Speaker Bios Jeremy Toeman is an expert in digital media and consumer technology, spending 10+ years designing Ari Newman is a passionate entrepreneur who and marketing award-winning consumer electronics excels in creating value in ideas and technology and and Web services. He’s currently partner at Stage thrives on the challenges and opportunities that Two Consulting, a strategic marketing and media define early stage companies. He is President and relations firm. In addition to running Stage Two, Founder of Filtrbox, a real-time social media Jeremy conceived several new Web ventures in monitoring service that helps companies listen to 2009, including Legacy Locker, the safe and secure and engage in online conversations.  In the year since way to pass your logins to your family and loved launch, Filtrbox has grown to over 10,000 users and ones; and TriviaonTwitter, a fun new way for brands hundreds of customers. Previously Ari was Founder to connect with Twitter users by giving away real and Principal of Newman Venture Advisors, VP of prizes to users tweeting answers to ongoing trivia Product Management at CreekPath Systems and questions. Director of Operations at Volera. Ari’s expertise includes SaaS, consumer internet, enterprise Prior to Stage Two, Jeremy worked at Sling Media as application software, IP networks, enterprise VP Product Management, where he was responsible storage, and social media marketing. for guiding development of Slingbox, and architected the company’s social media strategy.  Sling Media He lives in Boulder, CO with his wife and two was acquired by EchoStar in 2007.  Previously, he children, where his happiest moments are when his cofounded Mediabolic, a convergence technology 5 year old daughter agrees to watch cycling races company acquired by Macrovision. with him..
  • 4. Presentation Outline • The evolution of marketing • Traditional marketing vs. Social media marketing • Looking ahead - blending social and traditional marketing • How do we get there? • Listen, Engage, Monitor, Lead • Tools of the trade • Not everyone needs a Facebook page • Opt in via Twitter: is Twitter the new direct mail? • Other good Twitter uses • Best practices • Case studies ©2009
  • 5. The Evolution of Marketing ©2009
  • 6. Traditional Marketing vs. Social Marketing Traditional Marketing Social Marketing • Companies control the message • Word of Mouth (WOM) • Specific audience w/specific target • Real-time (two way) communication message • Flexibility and growth • One way conversation: company to • Adapt and change mid-campaign consumer • More distribution channels • Tools of the trade: focus groups, direct • Building community mail, advertising, etc. • SEO/SEM • Tools of the trade: Facebook, Twitter, • Database marketing Digg, Stumble Upon, etc. • Spam • Build a networks of influencers • Ability to establish real trust • Listen, learn, engage ©2009
  • 7. Looking Ahead – Blending Social and Traditional Marketing Traditional Marketing Social Media Marketing ©2009
  • 8. How Do We Get There?
  • 9. Listen, Engage, Measure, Lead 4 Key steps in utilizing social media: • Listen • Engage • Measure • Lead
  • 10. Listen • Discovery comes first – use listening tools to see when, where and what people are talking about • Observe how customers are reacting, where the conversation is going • Assess how relevant/credible the source and conversation really is • Passive: watch the flow of mentions over time (skim the treetops) • Active: follow links, read comment threads, check out followers, etc. (peel the onion) • Watch trends, activity, and volume ©2009 www.esource.com || © 2009 E source
  • 11. Engage • Initiate conversation/discussion • Golden Rule #1: Be Timely • Golden Rule #2: Be Genuine • Golden Rule #3: Be Helpful • Golden Rule #4: Be Truthful • Golden Rule #5: Be Consistent • How? - Answer questions, provide useful links, publish tips, dispel rumors, offer opinion, respond to complaints ©2009
  • 12. Measure • Are you making an impact? • Implement measurable ROI • Make sure results are real-time and cover the spectrum of the media world: from micro blogs to network TV • Start simple, then widen the net • Essential items to track: company name, key mgmt., product name, key competitors, industry terms • Analyze activity, sentiment, mentions, and influencers ©2009 www.esource.com || © 2009 E source
  • 13. Lead • Build the foundations • Focus on your customer’s needs and implement change • Actively participate and initiate discussions • Connect with influencers • Blend online with offline – e.g. organize a MeetUp or Tweetup • Build community and brand loyalty ©2009 www.esource.com || © 2009 E source
  • 14. Tools of the Trade • Filtrbox.com - real-time social media monitoring and alerts, http:// filtrbox.com • Google Alerts - text alerts, http://www.google.com/alerts • RSS Feeds • Co-Tweet, http://cotweet.com; Seesmic Desktop, www.seesmic.com; and TweetDeck - desktop Twitter app, http://tweetdeck.com • Google Analytics, http://www.google.com/analytics • Getsatisfaction, http://getsatisfaction.com/ and Uservoice https:// uservoice.com/ • Plugins: Share This, Sociable, Add This, Feedflare, Digg, StumbleUpon, del.icio.us, etc. • Insert Shiny New Object Here… ©2009
  • 15. Not Everyone Needs a Facebook Page When Social Media Isn’t Right: • Your product has a limited audience • You don’t have the resources or support to succeed • Need high volume ©2009
  • 16. Opt in Via Twitter: Is it the New Direct Mail? • People choose to consume your content • People can opt-out at anytime • 100% guaranteed opt-out • Amazing platform for distribution of information, content, and more about your product(s)/brand(s) ©2009
  • 17. Other good Twitter uses • Customer service – find your unhappy customers and help them before they become ex-customers • Product planning – learn from your users/potential users about what new features/enhancements they want • Solicit use – great platform to find potential beta testers • Competitive research – watch, listen, and even engage! ©2009
  • 18. Best Practices • Full transparency and authenticity – always • Don't spend on fluff or hype • Get risky without risking anything • Engage engage engage • Stay nimble – platforms are changing far too rapidly • Relationships aren't Rolodexes • Understand that we aren't in Kansas anymore, and we ain't goin' back! ©2009
  • 19. Case Studies • Bug Labs – launched the company at a dinner • Pogoplug – award-winning, great sales; all communication via blog, community, and Twitter • Boxee – defying all the rules ©2009
  • 20. Questions? Speaker Contact Info: Jeremy Toeman, Founder, Stage Two Consulting @jtoeman or @S2, jeremy@stagetwoconsulting.com Ari Newman, Founder and President, Filtrbox, Inc. @arinewman or @filtrbox, ari@filtrbox.com ©2009