Planning A Social Media Strategy Dan Betts – Digital Business Director Burrows @danb_digital uk.linkedin.com/in/danbettsdigitalmarketing/ www.burrows.info OUR CLIENTS OUR CLIENTS Why is Social Media So Powerful? THE GOOD OLD DAYS! @danb_digital The Good Old Days… @danb_digital But Then… @danb_digital Now… @danb_digital This Presents a Risk… @danb_digital B2B Buyers who Look For Advice Prior To Purchase B2B Buyers Who Are Influenced by Word Of Mouth 13% 16% 87% Source: IDC April 2014 Yes Yes No No 84% @danb_digital B2B Buyers who Start with a Web Search B2B Buyers Who View Four Or More Pieces of Content 16% Yes No 84% Source: IDC April 2014 30% Yes 70% No @danb_digital B2B Buyers Expect Company Content Through Social Media B2B Buyers Who Use Social Media In the Purchase Process 15% Yes 25% Yes No 85% Source: IDC April 2014 No 75% @danb_digital The Purchase Process ZERO MOMENT OF TRUTH The zero moment of truth (ZMOT) refers to the point in the buying cycle when the buyer researches a product, often before the company even knows that they exist. @danb_digital THE PURCHASE PROCESS @danb_digital THE PURCHASE PROCESS - ZMOT @danb_digital WHEN IS SOCIAL MOST POWERFUL? @danb_digital Planning a Social Media Strategy “We have two ears and one mouth so that we can listen twice as much as we speak.” Epictetus – Greek Philospher @danb_digital MOST INFLUENTIAL SOCIAL CHANNELS B2B Source: Buyersphere @danb_digital SETTING UP PROFILES @danb_digital SETTING YOUR OBJECTIVES @danb_digital SETTING YOUR OBJECTIVES @danb_digital DEMOGRAPHIC PROFILES @danb_digital SETTING UP KPI’S @danb_digital SOCIAL MONITORING TOOLS @danb_digital SOCIAL MENTION http://www.socialmention.com/ @danb_digital MENTION MAPP http://www.mentionmapp.com/ @danb_digital Social Media Measurement THE ONE METRIC The One Metric Spread Sheet: http://goo.gl/zzDVLl How to Use The Spread Sheet: http://moz.com/blog/onemetric @danb_digital Case Studies ONLINE RELATIONSHIP MANAGEMENT @danb_digital SOCIAL ENGAGEMENT TREE @danb_digital ONLINE RELATIONSHIP MANAGEMENT @danb_digital ONLINE RELATIONSHIP MANAGEMENT The Dell Community Has Contributed: 15,277 Ideas 738,000 Promoted Posts 92,000 Comments 50% Of B2B Buyers Follow Industry Conversation and Thought Leaders. @danb_digital @danb_digital SUNGARD – CLOUD SERVICES VS ZOMBIES Multi Content Campaign • • • • • Targeting IT Professionals Cloud Solutions Message 300% Increase in Download Rates 5.7% Email Open Rate 20 Direct Conversions @danb_digital GENERAL ELECTRIC “The Most Exciting Boring Brand.” @danb_digital GENERAL ELECTRIC “Nobody buys a jet engine online, but when you think about it nobody buys a can of coke either.” Linda Boff – Executive Director Digital Marketing @danb_digital GENERAL ELECTRIC – TALKING ABOUT Apple Walmart GE 1% 2% 6% “Social Media is not only for consumer brands: 90% of B2B decision makers consult social media in the buying process.” Linda Boff – Executive Director Digital Marketing @danb_digital GENERAL ELECTRIC – TALKING ABOUT @danb_digital GENERAL ELECTRIC – TALKING ABOUT “At first, we didn’t expect to sell shipping containers through social, though we’re learning now that in fact we can.” http://maersklinesocial.com/why-social-media/ @danb_digital GENERAL ELECTRIC – TALKING ABOUT @danb_digital CISCO – SOCIAL MEDIA IN NUMBERS • • • • • • Blogs: 22 external, 475,000 views/quarter Twitter: 108 Cisco feeds with 2 million followers Facebook: 79 groups with 100,000 fans YouTube: 300+ channels, 2,000+ videos, 4 million views Second Life: 150,000 visitors, 50+ events Flickr: 300+ photos, 400,000 views @danb_digital CISCO – £64,000 OFF PRODUCT LAUNCHES • • • • • • 9,000 people attended– 90 times more attendees than in the past Saved 42,000 gallons of gas Three times as many press articles as with traditional outreach methods More than 1,000 blog posts and 40 million online impressions A Leading Lights award for Best Marketing One-sixth the cost of a traditional launch @danb_digital GENERAL ELECTRIC – TALKING ABOUT @danb_digital GENERAL ELECTRIC – TALKING ABOUT ““If they’re playing games, that’s how they want to engage and that’s who they are.” LaSandra Brill – Senior Manager Global Social Media @danb_digital A HUNTER SHOOTS A BEAR @danb_digital A HUNTER SHOOTS A BEAR @danb_digital IN SUMMARY • • • • • • • • Social Media is important in the B2B buying process Consider ZMOT and the when social is most powerful Listen before you engage Where? – What? – Who? Understand your audience and build a profile Engage with the influential and build relationships Identify relevant topics and forms of content Set and Measure KPI’s @danb_digital THANK YOU Any Questions? Dan Betts – Digital Business Director Burrows - http://www.burrows.info/ uk.linkedin.com/in/danbettsdigitalmarketing/ @danb_digital