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Barry Libert, Chairman & CEO

Social Nation: How To Grow Your Business

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Page 1: Social Nation:  How To Grow Your Business

Barry Libert, Chairman & CEO

Page 2: Social Nation:  How To Grow Your Business

AgendaWhat is a Social

Nation7 Rules for

Success5 Places to Get

Started

Page 3: Social Nation:  How To Grow Your Business

Definition

• Social (adjective): Living or preferring to live and work in a community rather than alone

• Nation (noun): A community of persons not constituting a state but bound by common

interests and passions

Page 4: Social Nation:  How To Grow Your Business
Page 5: Social Nation:  How To Grow Your Business

Value Created

5 billion pieces of content

500 million active users

$10 billion market value

3.5 million events created 3 billion photos 5.3 billion fans

Page 6: Social Nation:  How To Grow Your Business

Why Now?

People want to connect

People want to be

heard

People expect the same tools

Good Products And Services are No Longer Enough!

Page 7: Social Nation:  How To Grow Your Business

7 Rules for Social Success

1. Develop Your Social Skills2. Let Culture Lead Your Way3. Mind Your On and Off-Line Manners4. Listen, Learn and Adopt5. Create Fans in Everything You Do6. Rely on Others for Growth & Innovation7. Reward Your Friends & Followers

Page 8: Social Nation:  How To Grow Your Business

#1: Develop Your Social Skills

Page 9: Social Nation:  How To Grow Your Business
Page 10: Social Nation:  How To Grow Your Business

#2: Let Culture Lead your Way

Page 11: Social Nation:  How To Grow Your Business
Page 12: Social Nation:  How To Grow Your Business

#3: Mind Your On and Off- Line Manners

Page 13: Social Nation:  How To Grow Your Business
Page 14: Social Nation:  How To Grow Your Business

#4: Listen, Learn and Adopt

Page 15: Social Nation:  How To Grow Your Business
Page 16: Social Nation:  How To Grow Your Business

#5: Create Fans in Everything You Do

Page 17: Social Nation:  How To Grow Your Business
Page 18: Social Nation:  How To Grow Your Business

#6: Rely on Others for Growth and Innovation

Page 19: Social Nation:  How To Grow Your Business
Page 20: Social Nation:  How To Grow Your Business

#7: Reward your Friends & Followers

Page 21: Social Nation:  How To Grow Your Business
Page 22: Social Nation:  How To Grow Your Business

5 Places to Get Started

1. Customer Service Support2. Marketing and Brand Building3. Market Research4. Training and Talent Development5. Product and Service Innovation

Page 23: Social Nation:  How To Grow Your Business

Barry Libert, Chairman & CEO

Page 24: Social Nation:  How To Grow Your Business

Action Framework

Page 25: Social Nation:  How To Grow Your Business

10 Pitfalls to Avoid

1. Running your Social Nation like a traditional business 2. Underfunding you social initiatives and abandoning them too soon 3. Neglecting to build programs that encourage member

engagement4. Relying on a “Build-It-and-They-Will-Come’ mentality 5. Waiting to establish a Social Nation/Community support

organization 6. Underestimating the power of “Volunteer Evangelism” 7. Neglecting any of your nations – Employee, Partner, and Customer8. Relying on traditional approaches to designing Your Social Nation9. Developing your own social software, moderation and Analytics S10. Getting caught without partners to help you succeed