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Social Media is Already Changing Your Business Brian Wallace, President, NowSourcing, Inc.

Social Media is Already Changing Your Business

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Social Media is Already

Changing Your Business

Brian Wallace, President, NowSourcing, Inc.

A Quick History Lesson

Overview• What is Social Media?• Know Your Way Around• Dispelling Myths• Planning Your Social Media Strategy • How Do You Measure Success? • Reputation Management• Q&A

What is Social Media Marketing?Going “Viral”Listening postsTwo-way conversationsSEOBrand awarenessIncreased awarenessIncreased sales

• What is Social Media?• Know Your Way Around• Dispelling Myths• Planning Your Social Media Strategy • How Do You Measure Success? • Reputation Management• Q&A

It’s a Jungle Out There…

Blogs Really Matter

Blogs are Growing

…and People Read Blogs

Twitter• Followers• Data Mining• Customer Service• Breaking News• Good old chat• Scoop the reporters• Beat the competition• Scalability improved

RSS• Grab Headlines• Feed Readers• Sharing• 2nd Inbox?• Smarter RSS

• What is Social Media?• Know Your Way Around• Dispelling Myths• Planning Your Social Media Strategy • How Do You Measure Success? • Reputation Management• Q&A

Dispelling MythsMyth #1: Social Media = adding site widgets.

Reality: You need to rework your site.

Dispelling MythsMyth #2: Isn’t social media just for “kids?”

Reality: Nope, social media is for all.

Dispelling MythsMyth #3: I’m a small business, does social

media really apply to me?

Reality: It was made for you.

• What is Social Media?• Know Your Way Around• Dispelling Myths• Planning Your Social Media Strategy • How Do You Measure Success? • Reputation Management• Q&A

Planning Your Social Media Strategy • Set your goals• Establish team responsibilities• Find the “influencers”• Listen to the good, the bad, and the ugly• Join the conversation• Listen some more• Measure against goals

Everything You Know is Wrong• Front page for hated stories?

Everything You Know is Wrong• Success or failure?

Social Media for President

• What is Social Media?• Know Your Way Around• Dispelling Myths• Planning Your Social Media Strategy • How Do You Measure Success? • Reputation Management• Q&A

How to Measure Success• New industry, lots of debate• Traditional ROI need not apply• Conversations / Conversions• Links• Authority• Google Links• CPM models• Response Time• Sales• PR

• What is Social Media?• Know Your Way Around• Dispelling Myths• Planning Your Social Media Strategy • How do you measure success? • Reputation Management• Q&A

Reputation Management• Proactive = raw, unvarnished opinion• Reactive = PR nightmare

Danger! Danger!

Do it Yourself / Not Doing it Hurts

“Dell Support”• 450+ searches/day

• 24k+ in January 2007

Oh my!

• What is Social Media?• Know Your Way Around• Dispelling Myths• Planning Your Social Media Strategy • How do you measure success? • Reputation Management• Q&A

Questions?

Creditshttp://blog.jippidy.com/wp-content/uploads/2008/08/yellow_o_large.jpghttp://www.flickr.com/photos/stabilo-boss/93136022/sizes/o/http://informationarchitects.jp/web-trend-map-2008-beta/http://www.sifry.com/alerts/Slide0005.gifhttp://www.sifry.com/alerts/Slide0006.gifhttp://www.emarketer.com/images/chart_gifs/094001-095000/094505.gifhttp://www.gapingvoid.com/history76156222.jpghttp://www.fredfrap.com/intro%20page%208.29.02.htmhttp://mashable.com/2007/06/23/facebook-in-40-years/ http://flickr.com/photos/38521378@N00/792997159/http://www.hatedorloved.com/index.php?view=unpopularhttp://www.money.co.uk/article/1000390-13-year-old-steals-dads-credit-card-to-buy-hookers.htmhttp://www.mesheast.com/radian6-lands-worldwide-leading-pr-firm-weber-shandwick/6/http://flickr.com/photos/intrigueimages/315265442/http://flickr.com/photos/jhhwild/1781000505/http://www.flickr.com/photos/grantp/2336898926/http://flickr.com/photos/50698336@N00/2735401175/http://www.edelman.com/image/insights/content/Social Pulpit - Barack Obamas Social Media Toolkit1.09.pdf