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ReThinking Your Go-To-Market Strategy Michael Brito SVP, Social Business Edelman Digital

ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

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The days of traditional brick and mortar expansion based on predictable ROI has been replaced with fast-paced online expansion at a fraction of the cost but with less certain ROI. How do you define your market and how far do you want to reach? What does success look like for your website -- is a basic customer service tool enough, or do you want a sales generation machine? Michael Brito, author of the book "Smart Business, Social Business," will provide insight into how search engine marketing, web/mobile presence and social media all intertwine from a content perspective. He'll also help identify ways that electrical manufacturers and distributors can make their products stand apart from the competition by leveraging a mix of Internet strategies.

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Page 1: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

ReThinking Your

Go-To-Market Strategy Michael Brito

SVP, Social Business

Edelman Digital

Page 2: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

WE LIVE IN THE CONNECTED ECONOMY

Page 3: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

REAL TIME LISTENING AND MONITORING

Page 4: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

COMMUNCATION REACHES AFAR

Page 5: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

EVERYONE HAS A VOICE, INFLUENTIAL

Page 6: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

THE RISE OF SOCIAL BUSINESS

Page 7: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

CORE BUSINESS OBJECTIVES REMAIN THE SAME

Page 8: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

How Important Is Social Media to B2B

Organizations (STUDY)

• Over 56% of B2B marketers

acquired new business

partnerships through social media

(compared to 45% of B2C

marketers)

• Nearly 60% of B2B marketers saw

improved search rankings from

their social efforts (compared to

50% of B2C marketers)

• B2B marketers are more able to

gather marketplace insights from

their social efforts (nearly 69% vs.

60% of B2C marketers)their

message heard

Page 9: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Who Is The Social Customer And Why

Are They Important?

Did you hear

about

@Netflix?

I am not

happy

either!

I am not

happy!

I am cancelling

my @netflix

account

Page 10: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

The Customer Journey Is Dynamic;

Inundated With Messages

• A customer journey is dynamic;

they live in the their streams

(Twitter, News feed)

• People need to hear things up to 5

times before they actually believe

it (Edelman Trust Barometer)

• Due to the high degree of noise in

the market, it’s imperative that a

brand has multiple communication

channels in order to get their

message heard

Page 11: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Majority of Daily Interactions With Media

Are Screen Based (Google Study)

Page 12: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Our Time Is Spent On 4 Primary Media

Devices

Page 13: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

People Rely On Search When Moving

Between Devices

Page 14: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Omnipresence & Consistent Messaging

Is A Business Imperative

Page 15: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Leveraging The Hub & Spoke To Maximize

Reach & Engagement

• The content hub is the website, blog, content aggregator

• Content should be optimized for search w/terms that are relevant to your business

• Should be convenient for users to consume content within the channels that they are comfortable with

• Facebook status

updates that promote blog content

• Other content shared NEEDS to add value to the conversation and community

The Hub

• Occasional tweets on promoting blog content

• Cross promoting other social channels, when relevant

• Needs to be unique; not the same on FB

• Optimize Youtube channel

and new videos to link back hub/blog

• Videos can be shared on Facebook, YouTube or through editorial

• Optimize Google+ page with

relevant links and content back to other channels

• Should not duplicate content • Add Google+ icons to hub

Page 16: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

From Friends, Fans And Followers To

Customer Advocacy

Advocacy

Share

Participate

Research GOOGLE PRODUCTS & SERVICES

MINIMAL PARTICIPATION (FRIENDS, FANS AND FOLLOWERS

SHARE CONTENT WHEN CONVENIENT MAY POST A REVIEW (POSITIVE AND NEGATIVE)

AID AND INFLUENCE THEIR MICROCOMMUNITIES DOWN THE PURCHASE FUNNEL THOUGH ORGANIC CONVERSATIONS

INCREASED ENGAGEMENT

RELEVANT CONTENT HUMAN VOICE

Page 17: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Advocates Affect The Purchase Funnel

Via Organic Conversations

Page 18: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Social Media Has Caused Marketing

Challenges

Lack of Marketing

Integration

Challenges With

Scaling Social Media

Programs Globally

Disjointed Content

Marketing & Community

Management Practices

Inconsistent Social

Media Measurement

Practices 1

2

3

4

Page 19: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Social Business Planning Can Help

Solve These Problems

Social business planning is the blueprint for the transformation of an

organization—BRIDGING THE EXTERNAL WITH INTERNAL, resulting in a

more connected way of doing business and shared value for all stakeholders. “

Page 20: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Delivering Value Across The Stakeholder

Ecosystem Is Key

OP

ERA

TIO

NA

L EX

CEL

LEN

CE

INTERNAL (employees)

EXTERNAL (customers, partners, media)

THE SOCIAL BUSINESS

SALES/REVENUE

CUSTOMER ADVOCACY

PRODUCT FEEDBACK

COMMUNITY ENGAGEMENT

CUSTOMER/SALES SUPPORT

CUSTOMER SATISFACTION

COLLABORATION

KNOWLEDGE SHARING

SOCIAL ENABLEMENT

PROCESS IMPROVEMENT

PRODUCT INNOVATION

EMPLOYEE ADVOCACY

SOC

IAL

BR

AN

D

1

2

4

3

Page 21: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

The Difference Between A Social Brand

And Social Business Planning

Community Management Marketing

Customer Service Communications

Events Campaigns Advocacy

Crisis

SOCIAL BRAND (External)

SOCIAL BUSINESS(Internal)

BUSINESS

RESULTS

Training Process

Collaboration Organization Models

Research & Development Policies & Guidelines Knowledge Sharing

Culture

Programs

Infrastructure

Page 22: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Content Marketing / Community

Management Framework

External

Listening

Community Engagement

News Articles

Online Monitoring

Search Engine Behavior

Internal

Listening

Corporate

Communications

Internal Communications

Product Organizations

Subject Matter Experts

Audit the content that current fans are sharing within their social channels

Plan for relevant content that drives maximum engagement – the right content, at the right time in the right channel to the right customer

Bi-Weekly and Daily Content Calendars

6 Month Thematic Content Calendars

Daily “Tips” And Product News Based On Real Time Listening and Feedback From The Community

Inspirational content

Company News & Events

3rd Party Article & Blog Post Mentions

Contests, Quotes, Surveys & Other Content That Spurs Engagement

Inform the community

Solve customer problems

@reply influencers

Ask questions

Respond to questions, comments and concerns

Connect community members with each other via @replies

Just say “thank you”

Month to Month Growth Community Membership

Month to Month Growth In Engagement

External Benchmark Metrics – Share Of Voice/Engagement

CREATE ENGAGE MEASURE PLAN/

RESEARCH

ITERATION

Page 23: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Robust Content Marketing Requires

Operational Excellence

External

Listening

Technology

Collaboration Workflows

Feedback Processes

Escalation Path

Internal

Listening

Technology

Collaboration Workflows

Feedback Processes

Escalation Path

Identifying Roles & Responsibilities

Content Publishing Platform

Collaboration between organizations (Marketing, PR, Support, Product, Regional teams

Social CRM technology investments & Deployment (Publishing, Customer Data, Measurement)

Customer Support Integration & Workflows

Global Scalability of Social Programs

Social Media Training

CREATE ENGAGE MEASURE PLAN/

RESEARCH

ITERATION

OPERATONAL INITATIVES

Page 24: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Start Thinking Like A Media Company

MESSAGING PLANNING CREATION | CURATION

OPTIMIZATION

DISTRIBUTION

MEASUREMENT

Brand Narrative/Messaging

Target Segmentation

Community Insights (how do

they view the brand, how do

they talk about it?

Search Behavior

Web Analytics

Identifying Roles &

Responsibilities

Process & Workflows For

Approvals

Employee And Customer

Participation

Internal Collaboration With

Support and Other Teams

Determining Financial

Investment For Content

Creation

Supportive Technology

Programs, Campaigns,

Product Launches

Social CRM

Real Time Analytics

Escalation Work Flows

Identifying the Right Platforms

Global Expansion

Governance

COMMUNITY MANAGEMENT

Command Center Operations

Solving Customer Problems

Reciprocal Altruism

Engagement Metrics

Clicks, Page Views,

Downloads, Sales, Community

Growth

Behavior Change

Brand Sentiment And

Awareness

INTEGRATION

Paid / Earned / Owned Media

3rd Party Content

Global Integration (programs &

campaigns)

Page 25: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

5 Smart Things To Remember

1. Start thinking like a media company

2. Have an internal plan that can help you scale

3. Content is not king – the Right content, at the Right

time, in the Right channel to the Right customer is

king

4. Integration is key to conversion

5. Listen before anything

Page 26: ReThink Your Go-To-Market Strategy - Michael Brito, Senior VP of Social Business Planning, Edelman

Thank you!

Questions?

Email: [email protected]