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Creating a social media strategy for a tourism business Block 4: Case presentation This document has been produced by 11 Goals & Associates. It is not complete unless supported by the underlying detailed analyses and oral presentation. International Master in Hospitality and Tourism Management February 6th, 2013 Francisco Hernández fran.me

Creating a social media strategy for a tourism business | Block 4: Case presentations

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Page 1: Creating a social media strategy for a tourism business | Block 4: Case presentations

Creating a social media strategy for a tourism business

Block 4: Case presentation

This document has been produced by 11 Goals & Associates. It is not complete unless supported by the underlying detailed analyses and oral presentation.

International Master in Hospitality and Tourism Management

February 6th, 2013 Francisco Hernández fran.me

Page 2: Creating a social media strategy for a tourism business | Block 4: Case presentations

About me SHAMELESS SELF-PROMOTION

Education: Universidad Politécnica de Madrid, UNED,

London Business School, University of Chicago – Fundaciò

“laCaixa” & Fundación Rafael del Pino scholarships.

Firms worked for full-time: Abengoa, McKinsey&Co, ABN

AMRO, Real Madrid C.F.

Entrepreneurship: Crisalia

Social Media & Internet consulting: 11goals.com

Lectures & Speaker in 3 continents: The Wall Street Journal, Universidad Politécnica

de Madrid, London Business School, Cornell University, Politecnico di Milano, CEIBS

(Shanghai), Kungliga Tekniska högskolan, The Business Factory, Asociación J.W.

Fulbright Spain, ESCP Europe, UIMP, and several private companies.

Full profile: linkedin.com/in/franciscohm

Page 3: Creating a social media strategy for a tourism business | Block 4: Case presentations

Seminar’s agenda

How do I make money in Internet?

(Block 3)

How can I market my business in

Internet? (Blocks 1 and 2)

Block 1: Basics of online marketing (day 1)

Block 2: Social tourism (days 2 & 3)

Block 3: E-Commerce in tourism (day 3)

Block 4: Case presentations (day 4)

Page 4: Creating a social media strategy for a tourism business | Block 4: Case presentations

Summary of block 1

Online advertising

Affiliate programs

Referral marketing

Email marketing

SEO

Content marketing

Online public relations

Social marketing

Fake marketing

Block 1 presentation

REMINDER

Page 5: Creating a social media strategy for a tourism business | Block 4: Case presentations

Summary of block 2

¶ Tourism is a social activity by nature. Social media just changed the way that is expressed.

¶ Online Social Tourism sometimes happens through highly complex processes that involve several tech services.

¶ Internet de-socialized some human activities. But now Social Technologies are re-socializing them. It is a general trend observed in many human activities.

¶ When a new technology is introduced, it always takes years to discover models and formats to extract value from it. Innovation is frequently slow, and so it is the adoption of Social Technologies by companies.

¶ Web 2.0 is all about people participating in projects, contents, etc.

¶ Web 2.0 is a sound reality. No doubt about that. Hope you are not still thinking whether it makes sense or not!

¶ The huge importance of social media is due to the fact that SNS were able to translate online (and make it more efficient and powerful) one of the World’s most important human activities: socializing; managing and using our circle of trust.

¶ Facebook is Worldwide leader in usage and technology. The World is still leaning towards Facebook in many countries where it is not yet the leading SNS. Only China and Russia seem to stay away from Facebook’s rule, the second one due to its blocking.

Page 1 of 3

Page 6: Creating a social media strategy for a tourism business | Block 4: Case presentations

Summary of block 2

¶ Web 2.0 is not only Social Networking websites. There are other categories like social blogging, microblogging, video, gaming, etc.

¶ In our opinion, the existence of an Social Graph that resembles a person’s real social life is what distinguishes an actual SNS from a Social Medium.

¶ There are also a ton of complementary services to SNS and other Web 2.0 tools. We call it the “Social Media Ecosystem”.

¶ It is interesting to observe and understand the 5 attitudes companies generally adopt regarding the Social Media Ecosystem. The best attitude is “to Complement it”, but few companies are mature enough to understand that. However bad experiences are helping a lot to let them understand.

¶ In Social Media, the medium is the people. Interesting little fact to have top of our minds…

¶ Social media advertising is intrinsically different from other type of ads like contextual advertising. They complement each other rather than compete. They should be used for different goals.

¶ People trust in people more than in brands. In the last years even more due to the never-ending roll of corporate scandals and the crisis.

Page 2 of 3

Page 7: Creating a social media strategy for a tourism business | Block 4: Case presentations

Summary of block 2

¶ Some Marketers (even “traditional” ones) believe that “Marketing is dead”, at least in its current form. They believe brands should turn their eyes into tha “Community Marketing”

¶ “Community Marketing” is actually the oldest form of marketing. However brands had to leave it because of scale.

¶ Social technologies have proven useful for brands with the mission of applying “Community Marketing” while keeping their size. E.g.: Football clubs.

¶ Building an effective online brand community is an important business tool for many companies. However it is a very difficult one to achieve because it is a long term goal and the final impact in the P&L account is not easily measured.

¶ It is a frequent mistake to believe that having a good brand makes it easier to have a good online community.

¶ In order to build your own successful online community it is important to understand in depth your underlying community: how your members affiliate, what are their key roles within the community, how do they benefit from being a member, etc.

¶ Online communities take time: first hire fans, then engage them (almost immediately after hiring them), and finally try to monetize them in the least possible frictional way.

Page 3 of 3

Block 2 presentation

Page 8: Creating a social media strategy for a tourism business | Block 4: Case presentations

Summary of block 3

Block 3 presentation

¶ E-Commerce, E-Business… difficult to define and classify. Do not waste much time in figure-out where your model fits.

¶ E-Commerce success stories have evolved in the last years:

¶ Before: Highly capitalized, tech-based companies (invest, invest, invest…)

¶ Now: Small capital business model incubators (test, test, test…)

Technology not a problem anymore; success is many times driven by innovative business models, sometimes easily copycatted if one does not protect oneself.

¶ Long tail concept / Freemium concept / “Piggyback” concept.

¶ 17-year history but still growing strong, now specially in emerging markets (broadband penetration, purchasing power), but maybe on mobile channels soon.

¶ Tourism was and is the #1 Ecommerce segment. It is also a good example of trends.

¶ E-Commerce is an intrinsically social activity. It evolved to the social space even before the social media phenomenon started.

¶ 6 dimensions to social E-Commerce success.

¶ Social Tourism Ecommerce ready to take off. Few startups working already on it.

¶ Takes time to refine an innovative business model. Test and error based on analytics is the best way to refine a model. Be patient, imaginative, and analytical.

Page 9: Creating a social media strategy for a tourism business | Block 4: Case presentations

“The people heard it, and approved the doctrine, and immediately

practiced the contrary”

Benjamin Franklin

Quote of the block

Page 10: Creating a social media strategy for a tourism business | Block 4: Case presentations

Agenda

Choose a case

Some frameworks

Page 12: Creating a social media strategy for a tourism business | Block 4: Case presentations

Points your presentation should address

What’s the general strategy of the brand?

Your Social Media strategy (Community Marketing) in one sentence. How does it fit with your general strategy? How do you attain growth and activity among community members?

Think about the social media ecosystem and the needs of your brand

How would your brand make money from Social Media?

How would you measure success?

How are your community members segmented? Affiliated?

How would you organize Social Media within the company? Why?

Line of contents. Examples.

Design and describe at least one social campaign for your brand

Page 13: Creating a social media strategy for a tourism business | Block 4: Case presentations

Agenda

Choose a case

Some frameworks

Page 14: Creating a social media strategy for a tourism business | Block 4: Case presentations

What non-social online marketing are you applying?

Online advertising:

Affiliate programs:

Referral marketing:

Email marketing:

SEO:

Content marketing:

Online public relations:

Fake marketing:

Page 15: Creating a social media strategy for a tourism business | Block 4: Case presentations

How social/online are your brand-related activities?

Social Non Social

Online

Offline

Source: 11 Goals & Associates

Page 16: Creating a social media strategy for a tourism business | Block 4: Case presentations

What motives are your contents catering?

Source: “The Psycology of Sharing: Why do people share online?”, The New York Times’s Customer Insight Group

To grow and nourish our relationships

Self-fulfillment

To define ourselves to others

To get the word out about causes

or brands

To bring valuable and entertaining content to others

5 key motives for sharing

Page 17: Creating a social media strategy for a tourism business | Block 4: Case presentations

Your brand’s attitude towards Social Media Ecosystem?

Ignore

Source: 11 Goals & Associates

Minimum presence

Combat Copy

Complement

Pasive Reactive Proactive

Page 18: Creating a social media strategy for a tourism business | Block 4: Case presentations

How would you use a powerful presence in SNS?

Movilize

Defend

Strike

Inform

Know

a) …

b) …

c) …

a) …

b) …

c) …

a) …

b) …

c) …

a) …

b) …

c) …

a) …

b) …

c) …

Page 19: Creating a social media strategy for a tourism business | Block 4: Case presentations

Community segmentation?

Source: 11 Goals & Associates

Interests? Motivations?

Roles?

Page 20: Creating a social media strategy for a tourism business | Block 4: Case presentations

Interests and role of each subgrup within the community

Subgroup Interests Rol

1 …

… …

2 …

… …

3 …

… …

… …

… …

Source: 11 Goals & Associates

Key question: Does it make sense as a system? How can the brand close any gap in the system?

Page 21: Creating a social media strategy for a tourism business | Block 4: Case presentations

En grupo(“Pools”)

En red(“Web”)

Concentrador(“Hub”)

En grupo(“Pools”)

En red(“Web”)

Concentrador(“Hub”)

How does your community affiliate?

Natural affiliation Current strategy

% % % % % %

Always? Does it change under some

circumstances?

Page 22: Creating a social media strategy for a tourism business | Block 4: Case presentations

How is Social Media organized in your company?

Source: Altimeter Group

Page 23: Creating a social media strategy for a tourism business | Block 4: Case presentations

• ….

• …..

• ….

• ….

• ….

• ….

• ….

• ….

• ….

SHORT TERM

MEDIUM TERM

LONG TERM

Priorities when developing the community

More Fans

More

Engagement

Revenues + keep fans and

engagement

Source: 11 Goals & Associates