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Penny Power
           @pennypower

          3rd November 2011



11/8/11    Copyright © 2011 Penny Power Ltd   1
Background on Penny Power

 In 1998 Penny Power Founded Ecademy.com
 A Social community for SME’s that has grown to over 620,000
 member profiles in 200 countries. Based in the UK, Penny and her
 husband Thomas have spent 13 years evangelising the use of Social Media
 and Digital tools to help SME’s become more productive and grow their business.
 In 2010 Penny launched a Digital School to train Business Coaches on how to
 embrace the digital world and ‘go social’, helping them and their clients to grow.
 In March 2011 Penny wrote the Manifesto for Digital Business Britain
 www.ecademy.com/manifesto to manifest a nation of Digital Mindsets and help
 SME’s build their businesses through social media and digital tools.
 The Manifesto gave rise to Penny’s White paper ‘on the exploitation of social
 media by Small Businesses”…….




11/8/11                            Copyright © 2011 Penny Power Ltd                   2
White Paper Solutions
 An ambitious plan has been developed to achieve the following goals:
 •  Growth in SME use of social media for business development purposes
 •  Reduction in Youth Unemployment (NEETs) – Born Digital
 •  Creation of a new Apprenticeship Framework
          –  Social Media Apprentice
          –  Digital Youth Academy
 •  Growth in Digital jobs by the creation of a new role – the Digital Assistant
 •  Growth in exporting opportunities ‘ the Global Small Business
 •  Improve the ethics and communication style of British Social Media users




11/8/11                                Copyright © 2011 Penny Power Ltd            3
Business Leaders have to ‘Go Social’


                                                    “We	
  DO	
  social	
  media	
  –	
  
                                                      in	
  our	
  Marke5ng	
  
                                                          Department”	
  




11/8/11          Copyright © 2011 Penny Power Ltd                                     4
“Small businesses that heavily use the internet to do business
  grow four times faster than those that do not “




                           Boston	
  Consul*ng	
  Group	
  Report	
  2010	
  



   11/8/11               Copyright © 2011 Penny Power Ltd                       5
We used to live on farms


          We	
  ‘manufactured’	
  food	
  




11/8/11              Copyright © 2011 Penny Power Ltd   6
Then we moved to the cities


          We	
  ‘manufactured	
  	
  
          products’	
  




11/8/11                   Copyright © 2011 Penny Power Ltd   7
Now we live on the Internet

           We	
  ‘manufacture’	
  DATA	
  
               Our	
  voice	
  and	
  thoughts	
  are	
  data	
  	
  




11/8/11                  Copyright © 2011 Penny Power Ltd               8
Digital Mindset –
Technology meets the human




11/8/11        Copyright © 2011 Penny Power Ltd   9
Capital in a business




                         Social	
  Capital	
  




11/8/11          Copyright © 2011 Penny Power Ltd   10
Two ways to achieve sales growth

Transactional Mindset                             Social Mindset
•  Ecommerce                                   •  Go Social
      –  Website                                       –  Social Networks
      –  Suspect                                       –  Stanger
          •  Prospect                                          •  Friend
              –  Customer                                           –  Follower
      –  Process, task                                 –  Friendship, social
      –  Hands-off, Automated                          –  Engage and Spontaneous
      –  Internet marketing funnels                    –  Networking on Steroids




11/8/11                          Copyright © 2011 Penny Power Ltd                  11
Business is ‘Going Social’

 •    Social Media
 •    Social Networking
 •    Social Engagement
 •    Social Business




11/8/11               Copyright © 2011 Penny Power Ltd   12
WHY is business going SOCIAL?

 •  The Internet has given individuals a Voice
 •  The Internet is Going Social
 •  Google loves ‘social’
 •  Self Publishing is an amazing Marketing tool
 •  Isolation from Home working is creating a need for a ‘watering
    hole’
 •  Entrepreneurial Growth
 •  Growth in ‘openness ‘ is encouraging Collaboration
 •  The growth in the Global Small Business



11/8/11                   Copyright © 2011 Penny Power Ltd      13
Then I blogged this to the Ecademy Community




11/8/11           Copyright © 2011 Penny Power Ltd   14
Blog was widely seen in less than 12 hours




11/8/11          Copyright © 2011 Penny Power Ltd   15
And on Twitter




11/8/11           Copyright © 2011 Penny Power Ltd   16
And they gave you these extra reasons!!!

 •    With so much information, social media is a way to focus on what's relevant / of interest.
 •    Because size doesn't matter any more - all companies can be equal on social media
 •    It's where many of your customers live
 •    Because people are talking about you there, so you should join the conversation
 •    It provides speed of reaction and flexibility
 •    If you're not there, people will wonder why not
 •    It provides a boost to your traditional marketing
 •    People want companies they can chat to
 •    People are looking for your business - you need to listen
 •    You'll get free ideas to improve your business
 •    It works
 •    Ecommerce interrupted the human Interaction' and Social Media gives us it back




11/8/11                                 Copyright © 2011 Penny Power Ltd                           17
People like to communicate differently

 •    Text
 •    Phone
 •    Social Media
 •    Face to face
 •    Fax!
                     They want choice!!




11/8/11                Copyright © 2011 Penny Power Ltd   18
The	
  KLF	
  Philosophy	
  and	
  Framework	
  

Strangers	
               KNOW	
  ME	
                                            Collec&ng	
  and	
                         Social	
  Media	
  
                                                                                  Sharing	
  Knowledge	
                     Broadcas5ng	
  




  Friends	
                   LIKE	
  ME	
                               Collec&ng	
  and	
                      Social	
  
                                                                         Sharing	
  People	
  
                                                                                                                 Networking	
  
                                                                                                                 Conversa5on	
  


                                                               Network	
  value	
  –	
  	
  
                                        FOLLOW	
               Knowledge	
  and	
  
                                          ME	
                 people	
  

          Followers	
                                                                               Leading	
  
                                                                                                    -­‐	
  who	
  are	
  you	
  serving?	
  	
  




11/8/11                                        Copyright © 2011 Penny Power Ltd                                                                    19
The language of the ‘social world’




11/8/11           Copyright © 2011 Penny Power Ltd   20
The language of the business world




11/8/11          Copyright © 2011 Penny Power Ltd   21
Mindset shift




11/8/11         Copyright © 2011 Penny Power Ltd   22
What do you need to do – some tips
 •    ENGAGE
 •    Be aware and then make a decision to create a Social Media Policy
 •    Lead from the Top – You have to ‘go social’
 •    Create your social brand – your unique message to business
 •    Go Social (Tweet, Blog, Video)
 •    Follow your local #tag #brighton
 •    Create your #tag for your conversation i.e. #officesuppliesbrighton
 •    Find the ‘social ambassadors’ in your company
 •    Find the Small Businesses in your area to follow
 •    Notice and Share their content
 •    Become their ‘friend’
 •    Find suppliers of Social Media you can trust
          –  Trainer, Set-Up, Ongoing
 •  Employ an Apprentice




11/8/11                                 Copyright © 2011 Penny Power Ltd    23
11/8/11   Copyright © 2011 Penny Power Ltd   24
Top person I found on research around Spicers




11/8/11            Copyright © 2011 Penny Power Ltd   25
Nice conversation to start….




11/8/11           Copyright © 2011 Penny Power Ltd   26
Finally – How do I find the time?




11/8/11           Copyright © 2011 Penny Power Ltd   27
11/8/11   Copyright © 2011 Penny Power Ltd   28
The BIG message




11/8/11       Copyright © 2011 Penny Power Ltd   29

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Spicer synergy conference 2011

  • 1. Penny Power @pennypower 3rd November 2011 11/8/11 Copyright © 2011 Penny Power Ltd 1
  • 2. Background on Penny Power In 1998 Penny Power Founded Ecademy.com A Social community for SME’s that has grown to over 620,000 member profiles in 200 countries. Based in the UK, Penny and her husband Thomas have spent 13 years evangelising the use of Social Media and Digital tools to help SME’s become more productive and grow their business. In 2010 Penny launched a Digital School to train Business Coaches on how to embrace the digital world and ‘go social’, helping them and their clients to grow. In March 2011 Penny wrote the Manifesto for Digital Business Britain www.ecademy.com/manifesto to manifest a nation of Digital Mindsets and help SME’s build their businesses through social media and digital tools. The Manifesto gave rise to Penny’s White paper ‘on the exploitation of social media by Small Businesses”……. 11/8/11 Copyright © 2011 Penny Power Ltd 2
  • 3. White Paper Solutions An ambitious plan has been developed to achieve the following goals: •  Growth in SME use of social media for business development purposes •  Reduction in Youth Unemployment (NEETs) – Born Digital •  Creation of a new Apprenticeship Framework –  Social Media Apprentice –  Digital Youth Academy •  Growth in Digital jobs by the creation of a new role – the Digital Assistant •  Growth in exporting opportunities ‘ the Global Small Business •  Improve the ethics and communication style of British Social Media users 11/8/11 Copyright © 2011 Penny Power Ltd 3
  • 4. Business Leaders have to ‘Go Social’ “We  DO  social  media  –   in  our  Marke5ng   Department”   11/8/11 Copyright © 2011 Penny Power Ltd 4
  • 5. “Small businesses that heavily use the internet to do business grow four times faster than those that do not “ Boston  Consul*ng  Group  Report  2010   11/8/11 Copyright © 2011 Penny Power Ltd 5
  • 6. We used to live on farms We  ‘manufactured’  food   11/8/11 Copyright © 2011 Penny Power Ltd 6
  • 7. Then we moved to the cities We  ‘manufactured     products’   11/8/11 Copyright © 2011 Penny Power Ltd 7
  • 8. Now we live on the Internet We  ‘manufacture’  DATA   Our  voice  and  thoughts  are  data     11/8/11 Copyright © 2011 Penny Power Ltd 8
  • 9. Digital Mindset – Technology meets the human 11/8/11 Copyright © 2011 Penny Power Ltd 9
  • 10. Capital in a business Social  Capital   11/8/11 Copyright © 2011 Penny Power Ltd 10
  • 11. Two ways to achieve sales growth Transactional Mindset Social Mindset •  Ecommerce •  Go Social –  Website –  Social Networks –  Suspect –  Stanger •  Prospect •  Friend –  Customer –  Follower –  Process, task –  Friendship, social –  Hands-off, Automated –  Engage and Spontaneous –  Internet marketing funnels –  Networking on Steroids 11/8/11 Copyright © 2011 Penny Power Ltd 11
  • 12. Business is ‘Going Social’ •  Social Media •  Social Networking •  Social Engagement •  Social Business 11/8/11 Copyright © 2011 Penny Power Ltd 12
  • 13. WHY is business going SOCIAL? •  The Internet has given individuals a Voice •  The Internet is Going Social •  Google loves ‘social’ •  Self Publishing is an amazing Marketing tool •  Isolation from Home working is creating a need for a ‘watering hole’ •  Entrepreneurial Growth •  Growth in ‘openness ‘ is encouraging Collaboration •  The growth in the Global Small Business 11/8/11 Copyright © 2011 Penny Power Ltd 13
  • 14. Then I blogged this to the Ecademy Community 11/8/11 Copyright © 2011 Penny Power Ltd 14
  • 15. Blog was widely seen in less than 12 hours 11/8/11 Copyright © 2011 Penny Power Ltd 15
  • 16. And on Twitter 11/8/11 Copyright © 2011 Penny Power Ltd 16
  • 17. And they gave you these extra reasons!!! •  With so much information, social media is a way to focus on what's relevant / of interest. •  Because size doesn't matter any more - all companies can be equal on social media •  It's where many of your customers live •  Because people are talking about you there, so you should join the conversation •  It provides speed of reaction and flexibility •  If you're not there, people will wonder why not •  It provides a boost to your traditional marketing •  People want companies they can chat to •  People are looking for your business - you need to listen •  You'll get free ideas to improve your business •  It works •  Ecommerce interrupted the human Interaction' and Social Media gives us it back 11/8/11 Copyright © 2011 Penny Power Ltd 17
  • 18. People like to communicate differently •  Text •  Phone •  Social Media •  Face to face •  Fax! They want choice!! 11/8/11 Copyright © 2011 Penny Power Ltd 18
  • 19. The  KLF  Philosophy  and  Framework   Strangers   KNOW  ME   Collec&ng  and   Social  Media   Sharing  Knowledge   Broadcas5ng   Friends   LIKE  ME   Collec&ng  and   Social   Sharing  People   Networking   Conversa5on   Network  value  –     FOLLOW   Knowledge  and   ME   people   Followers   Leading   -­‐  who  are  you  serving?     11/8/11 Copyright © 2011 Penny Power Ltd 19
  • 20. The language of the ‘social world’ 11/8/11 Copyright © 2011 Penny Power Ltd 20
  • 21. The language of the business world 11/8/11 Copyright © 2011 Penny Power Ltd 21
  • 22. Mindset shift 11/8/11 Copyright © 2011 Penny Power Ltd 22
  • 23. What do you need to do – some tips •  ENGAGE •  Be aware and then make a decision to create a Social Media Policy •  Lead from the Top – You have to ‘go social’ •  Create your social brand – your unique message to business •  Go Social (Tweet, Blog, Video) •  Follow your local #tag #brighton •  Create your #tag for your conversation i.e. #officesuppliesbrighton •  Find the ‘social ambassadors’ in your company •  Find the Small Businesses in your area to follow •  Notice and Share their content •  Become their ‘friend’ •  Find suppliers of Social Media you can trust –  Trainer, Set-Up, Ongoing •  Employ an Apprentice 11/8/11 Copyright © 2011 Penny Power Ltd 23
  • 24. 11/8/11 Copyright © 2011 Penny Power Ltd 24
  • 25. Top person I found on research around Spicers 11/8/11 Copyright © 2011 Penny Power Ltd 25
  • 26. Nice conversation to start…. 11/8/11 Copyright © 2011 Penny Power Ltd 26
  • 27. Finally – How do I find the time? 11/8/11 Copyright © 2011 Penny Power Ltd 27
  • 28. 11/8/11 Copyright © 2011 Penny Power Ltd 28
  • 29. The BIG message 11/8/11 Copyright © 2011 Penny Power Ltd 29