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Business Networking and Matching Business Networking and Matching in the Age of Social Media Roland Hor , Catalyst Connector Business of Social 3.0, Singapore [email protected] www.catalystconnector.com

Business of Social 3.0 - overview

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Page 1: Business of Social 3.0 - overview

Business Networking and MatchingBusiness Networking and Matching in the Age of Social Mediag

Roland Hor,,Catalyst ConnectorBusiness of Social 3.0, Singapore

[email protected]

Page 2: Business of Social 3.0 - overview

OverviewOverview

i ki d hi i h f• Business Networking and Matching in the Age of Social Media– Ecosystem– Applications and Tools– Monitoring and Measurement

• Workshop Series1. Transform (Persona Management, Knowledge 

Management)2. Take‐Off  (Connecting and Networking)3. Target (Matching and Executing)

Page 3: Business of Social 3.0 - overview

The Business EcosystemThe Business Ecosystem• Internal• Partner• Competitor• Competitor• Vendor/Supplier• Leads• ProspectProspect • Opportunity• Customer • Ex ‐ Customer 

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Social EcosystemTraditional Ecosystem

Page 5: Business of Social 3.0 - overview

Social Customer Customer EcosystemSocial Customer – Customer Ecosystem

Page 6: Business of Social 3.0 - overview

Social MediaSocial Media

l bl iki d d• Tools – blogs, wikis, and podcasts.• User‐generated content (UGC) – reviews, social tags, social bookmarks, comments, rankings, ratings and photos, and videos.

• Social Networks– Facebook– Twitter– Linked In– Ning– Xing etc. etc.g

Page 7: Business of Social 3.0 - overview

Uses new online

channels and new

Seeks support to connect with like- new

communication tools

with likeminded peers

The S

Trusts in advice by online

Reads and creates product

Social Customer

yacquaintances and strangers –‘people like me’

previews, product

rankings and blog posts

Wants to provideprovide

feedback about the

product and customer service

Expects better customer

experience

service

Page 8: Business of Social 3.0 - overview

Evolution of Customer Touch PointsEvolution of Customer Touch Points

• Blogs • Microblogs

• Phone• Fax• Email

• Phone• Fax• Email• Service

• RSS• Wikis

• Social Networks

• Podcast

• Price comparison website

• Service• Letters• Personal contact• Company’s website• SMS

• Service• Letters• Personal contact• Company’s website• SMS

+• Widgets

• Video sharing

• Photo sharing• Instant Messenger• Chat• Media

• Instant Messenger• Chat• Media

• Forums

• Reviews and ratings in retail sites

• Slides sharing• Auction website

• Social Bookmarking • Wish lists

g

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Applications and ToolsApplications and Tools

• Blogs/Podcasts/Twitter

• WikisWikis

• Social Tagging and Folksonomies

• Social Networks and Communities

Page 10: Business of Social 3.0 - overview
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Stuff to put on your BlogStuff to put on your Blog

C d t t i t• Company news;  awards, contract wins etc• Stories about people in your business• Offer industry expertise• Offer  industry expertise• Views on the industry/your marketplace• Video of your company environment & your people• Video of your company environment & your people• Information regarding your industry such as exhibitions, trade shows etc,

• Product | service reviews• Industry interviewsy• How you work with your customers• Case studies and testimonials from your customers

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Uses of BlogsUses of Blogs

• They offer direct access to senior management for customers g

• A place for customers to collaborate on ideas

A l d l i h i i• A place to deal with customer service issues that invites customers to help solve problems.

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BlogsBlogs

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Definition of wikisDefinition of wikis

• A wiki is a type of website that allow users to easily add and edit content and is especially y p ysuited for collaborative writing

• It amasses to a group of web pages that• It amasses to a group of web pages that allows users to quickly add content and also ll h hallows others to edit the content

• It relies on cooperation, checks and balancesIt relies on cooperation, checks and balances of its members, and a belief in sharing of ideas

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WikiWiki

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Uses of WikisUses of Wikis

D i ll b ti• Drive collaboration between customers and employees 

• Tool for project management 

• Repository for a• Repository for a dynamic knowledge base and on‐demand 

t t d li tcontent delivery system • You to tap external 

resources forresources for knowledge and insight 

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Search

Tags provide 

Edit PageAdd Comments View Revisions

context

Add Links

Citations

Add Links

Add  Attachements

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Social TaggingSocial Tagging

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Tag CloudTag Cloud

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Social NetworksSocial Networks

• Don’t have to physically present

• Transparency is the operative word.Transparency is the operative word.

• Analyze 

• Respond 

Page 21: Business of Social 3.0 - overview

Social NetworksSocial Networks

Page 22: Business of Social 3.0 - overview

“What’s the biggest problem Facebookers are confronting?” asks Scott Harris in Reader’s Digestconfronting?  asks Scott Harris in Reader s Digest. 

Parents signing up, he says.  

Since his mom befriended him on Facebook, his status updates read:

■Scott is making good, well‐informed decisions.■Scott is going to bed at a very reasonable hour.■Scott is making large, regular contributions to his g g , gsavings account.■Scott is drinking only on occasion, and even then, it’s just one or two.

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"Parent" Comments Don't Need To Pose A Problem For Business BloggersA Problem For Business Bloggers

If your blog isn’t “out there”, you won’t get negative comments, to be sure, but neither will you be able to use your business blog towill you be able to use your business blog to attract online customers and clients! 

Page 24: Business of Social 3.0 - overview

Uses of Social NetworksUses of Social Networks

M t i d t• Meet your industry peers• Find and source industry contacts• Find prospectsFind prospects• It opens doors previously closed• Build and develop business relationshipsp p• Raise your profile in your sector• Develop your brand• Place very targeted adverts• Cost effective marketing, branding and recruiting

T li t ! C d th di t lki b t• To listen! Consumers and the media are talking about you in real time, openly and honestly

• To learn about the competitionp

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Next Up Location BasedNext Up – Location Based

• Location based:– Foursquareq

– YELP (YELlow Pages)

ShopKick– ShopKick

– Google Lattitude

– Facebook Places

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Monitoring and Measurement

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MonitoringMonitoring

– Continuous and immediate discovery of conversations with the purpose of learning, engaging, helping and collaborating

– Monitoring answers the question “Who is talking about [insert keyword] right now and what are they saying?”

Page 29: Business of Social 3.0 - overview

Monitoring How it worksMonitoring ‐ How it works 

• Performed on a keywords basis. Relevant keywords include your brand name, product y y pname, etc. 

• Grabs the relevant articles and messages• Grabs the relevant articles and messages,

• Arranges them for easier digestion and action.

Page 30: Business of Social 3.0 - overview

MeasurementMeasurement

• Measurement is more concerned with metrics over a specified time period.p p

• Measurement answers questions of “H did k d f ti ?”– “How did my keywords perform over time?” 

– “How does that compare to my competitors?” 

– “What are some trends I can glean to make my product more usable by these people who are giving me feedback?”

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Measurement How it worksMeasurement ‐ How it works

• Tabulates data and presents them to you in relevant data reports.p

• Slice and Dice

Page 32: Business of Social 3.0 - overview

Monitoring and MeasurementMonitoring and Measurement

• Google Alerts 

• Google AnalyticsGoogle Analytics

• Twitter Tools

• Facebook Insights

• A Wiki of Social Media Monitoring SolutionsA Wiki of Social Media Monitoring Solutions– http://wiki.kenburbary.com/

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Google AlertsGoogle AlertsGoto Google Alerts page‐ enter the search term, type, frequency of l t d il

Then goto manage your alert page and change delivery option f ‘E il’ t ‘F d’

Google Alertsalert and your email address. 

Click on confirmation

from ‘Email’ to ‘Feed’.

Click on confirmation link for the alert.

Blog Searches

RSS Readers-Bloglines-Google Reader Detail Searches

-Technorati-Ice Rocket-Boardreader

g-Feedreader -twitter.com

-WordpressDel icio us-Del.icio.us

As pointed by Google Blog, besides the RSS feed option – now alerts are delivered faster. Some alerts will also include images, wherever possible

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Google Analyticsg y

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Tracking TwitterTracking Twitter

•Twitoaster•Tweetree•ThreadedTweets•Su.pr•Bit.ly•Twitalyzer

•MakeUseOf on Twitter•http://twitter.com/MakeUseOf

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Facebook Insightsg

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Workshop Series Overview

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JourneyJourney

brandconnect

Target

transactbrand transact

Take Off

Target

connecttransact connect

f

Take Off

brand

Transform

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1 Transform1 Transform

• Persona Management (today’s focus)– Knowledge Managementg g

– Personal Branding

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Multiple PersonasMultiple Personas

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2 Take Off2 Take‐Off

• Connecting and Networking– Networking tools and techniquesg q

– How to work a (virtual) room

Integrate online and offline– Integrate online and offline

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TargetTarget

• Matching and Executing– Matching and Closing the dealg g

– Executing Transactions

Executing Projects– Executing Projects

– Getting results

Page 47: Business of Social 3.0 - overview

Requirement is posted online

Through its search  CC platform automatically identifies matching skillsets posted by members and prospects.

Invites to Networking for matched parties to attend, with a closed briefing if interested

HTC requires embedded online qapplications for Android PDAs

Members who have indicated interest by response, will be invited to a project space online. 

An appointed mentor/expert will assist 

CC will again search for relevant IP that can be used, from dbase of research of institutes/ companies. 

Makes recommendations to form teams from the forum. 

Likely, more than one team will be formed from perhaps 3 countries.

Makes recommendations.

Official teams will submit project scope and requirements

CC Assessment Team then submits proposal to HTC, with specs. 

Liaises with project team /Liaises with project team for enquiries. 

Appointed mentor/expert will continue with relevant teams toward deliverables

If the project requires funding, or a new entity/process/innovation will be created, CC may seek 

HTC signs approval, and awards project team[s]. 

a loan or grant from Spring or relevant parties.

Page 48: Business of Social 3.0 - overview

Thank you

Roland HorRoland Hor

[email protected]

www.catalystconnector.com