by A Havercroft - MediaCom, 21.05.2010 Engaging with Consumers: Leveraging social media Through the consumer’s eyes http://www.youtube.com/watch?v=J5TI3gzx3JA Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Resonating with the industry Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 But some times when marketers say “social media”… Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Take a few steps back… Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Three key things to get the best out of social media… PREPARE: Find, Listen, Analyse DO SOMETHING: React HOW DID IT GO?: Evaluate Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Preparation is key Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Understand the conversation Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Questioner Age / Identity Life stage Product priorities & values Respondents Identity Experience Opinion Brand preferences Conversation Dynamic Beginner driver Questions Experienced driver Answers Source: Yahoo Answers Understand the conversation Community Identity Experience Opinion Recommended strategies Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Conversation Dynamic Question/Topic ignite discussion Peers share experiences Source: WSJ.com Types of influencers Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Source: http://www.forrester.com/rb/Research/tapping_entire_online_peer_influence_pyramid/q/id/56537/t/2 Influencers & influential spaces come in all shapes and sizes Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Organise data in a meaningful way Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Sources: Onalytica, Cymfony, Visible Technologies, Nielsens BuzzMetrics The challenge is to make the data actionable… Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Social Media Listening Insights PR ATL Digital Business Insights Channel Planning Research What does that mean? PR Identified chat around Mini 9 launch Source: Radian 6 Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Seeded info / corrections when required What does that mean? ATL Identified key competitive edge Sources: Radian 6, Notebookreview.com Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Seeded info / corrections when required What does that mean? Business Insights Identified weak features Sources: Radian 6, Notebookreview.com, blog.laptopmag.com Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Feedback to product development team So now what?... Do something! Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Preparing to respond Topic Point of View Tone of Voice Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 What topics are we getting involved with? What’s the brand’s standpoint? What tone should we take? Social Media Response Toolbox Engagement: It’s not about… Ignoring the context & audience Too focused on quantity of interactions and not quality Forgetting the brand personality Sources: BrandRepublic, Twitter Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Engagement: Is more about… Relevance & Respect Transparency Dialogue Personalised conversations with influential individuals Quality & Exclusive content Long-term relationship Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Above all, best practice is now legislation in some markets… Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 “…material connections (sometimes payments or free products) between advertisers and endorsers – connections that consumers would not expect – must be disclosed.” http://www.ftc.gov/opa/2009/10/endortest.shtm Traditional online can also amplify engagement… Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Tools can also be used to measure Sources: Onalytica, Cymfony, TruCast, Omniture Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 To sum up… Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Turn social media data into insights and take action Ensure rules of engagement are clearly laid out Engagement can take shape in a number of ways but… …always keep in mind context, content, consistency and contingency. Engaging with consumers: social media by A Havercroft - MediaCom, 21.05.2010 Thank you Anny Havercroft Associate Director - MediaCom International Email: Anny.Havercroft@mediacom.com Phone: 0207 158 5389