Social Media MarketingIntroductionSocial media can be leveraged to create wonderful marketing masterpieces. Big namecompanies like Skittles and Dell have successfully used social media to increase theirsales, brand, and the community around their products. Small companies like KogiBBQ are using social media to increase their sales and dominate the late night foodcraze in Los Angeles. No matter your company size, social media can be used to starta conversation with your target market and elevate your brand.SEOP‟s Social Media Consulting Team has successfully worked for clients and builtstrong campaigns that drive traffic and build community. Through our experience, wehave developed the proprietary 5 Pillar Model that teaches our clients how to use socialmedia for business and how to execute the strategies that we develop together.This EBook is your guide to the 5 Pillars of social media marketing, and how you canleverage social media for your company‟s success:Pillar 1: What is Social Media? – We breakdown social media marketing into its corecomponents so that you can understand the fundamentals.Social Media is aboutbuilding a conversation with your clients and consumers.Pillar2: Common Mistakes Companies Make With Social Media – Though you mayunderstand social media and have a solid foundation to build on top of, it is still possibleto fall into the common pitfalls and mistakes that most companies make. Avoid thecrucial mistakes and you‟ll be well positioned for social media success.Page 22
Social Media MarketingPillar 3: The Different Ways Companies Use Social Media – Now that youunderstand the common pitfalls, it‟s time to take a look at the companies that get it right.Companies are successfully using social media to drive sales, build traffic, hireemployees, build a community, and create a positive, well-known brand.Pillar4: A Framework for Developing a Social Media Strategy – The strategydevelopment portion of a social media campaign is crucial for the success of acompany. You must ask and answer the appropriate and relevant questions to developthe right campaign: What social sites are your target market currently using? Howmuch time is needed to consistently interact with your social community?Pillar5: How toMeasure Return on Investment – Strategy and research are of courseonly half the battle. Once your strategy is set, it‟s time to execute by either building ateam, training your current team, or hiring outside consultants to implement. This is byfar the most important part of social media marketing so it is of the utmost importancethat you get it right.Page 33
Social Media MarketingPillar 1: What is Social Media?I know that you‟re ready to jump right in and start building a social media strategy.Before we do this, it is essential that you understand what social media is and why somany people are using it. Let‟s start with a definition. According to Wikipedia,“Social media is online content created by people using highly accessible andscalable publishing technologies. At its most basic sense, social media is a shiftin how people discover, read and share news, information and content. It's afusion of sociology and technology, transforming monologues (one too many)into dialogues (many to many) and is the democratization of information,transforming people from content readers into publishers. Social media hasbecome extremely popular because it allows people to connect in the onlineworld to form relationships for personal, political and business use.”Wow, that‟s a lot of information! So let‟s break it down into its 3 main components:publishing, information diffusion, and relationship building.Social Media: A Publishing Technology for EveryoneSocial media is unlike any other technology in history. It has created a modern-dayrenaissance for several reasons, which are broken down here:Social media is onlineSocial media is something that takes place online. It is a type of communication thattakes place outside of in-person meetings, phone calls, or foot traffic. That means socialPage 44
Social Media Marketingmedia is location-independent, which makes it a valuable part of any company‟sbusiness strategy.Social media is user-generatedContent used to be something that very few people created. Reporters, TV anchors,movie directors, authors, radio DJs, and magazine editors created content, andeveryone else consumed it. Now, everyone is a publisher, and the people who use thecontent are also the ones who create it.Social media is highly accessible and scalableSocial media is highly accessible and scalable to the public, which means that socialmedia has lots of users and offers plenty of opportunity for companies. Because socialmedia is easy to access, the tools for social media are easy and intuitive enough for thecommon person to use. Even if you don‟t use social media now, there‟s no reason notto jump in!Social Media: A Way to Diffuse InformationNo other existing media is capable of diffusing information faster than social media.Here‟s why:Social media is a shift in how people discover, read, and share news, media, andcontentTelevision and newspapers areno longer king when it comes to filtering and sharingnews. People are more likely to get their news by reading Trending Topics on Twitter,and they are more likely to share a link to a friend‟s blog post than MSN‟s homepage.Page 55
Social Media MarketingSocial media is a fusion of sociology and technologySocial media is user-controlled, which means that sociologic components play a largerole in any company‟s social media business strategy. The limits of social media areonly set by the limits of the technology of social media tools.Social media is a dialogueAt one time, companies had a monologue with its customers. Companies put outtelevision commercials or print ads about its products and waited to see whether thesales rolled in to determine success rates. Now, social media allows companies to havea dialogue with its customers and gain valuable feedback and input as it creates themessage.Social media is the democratization of informationInformation and messaging for a company was once controlled by its marketing andsales departments. Now, with the democratization of information, no one owns themessage about a product or company. Every company must become part of theconversation or risk letting users become the voice of the company.Social Media: A Way to Build Relationships by SharingHumans are interesting in that the way they build relationships is through sharing. Itmay be sharing something that happened in their personal lives, or it may be sharingsomething funny on TV. Sharing is an essential component of social media, so let‟sbreak it down into parts:Page 66
Social Media MarketingSocial media is people connecting with othersSocial media allows each person to connect with others, which means most of themessaging a person receives is from his or her network. It‟s essential for companies tolearn to network with its customers in order to promote the company message.Social media is content readers become content publishersContent readers are not only consumers. Social media allows content readers tobecome content publishers. In this way, social media allows content readers to sharethe content with their own network of followers by publishing or republishing themessage in their own words.Social media is forming relationships for personal, political, and business useSocial media is not just about content or messaging in a different format. Social mediais about relationships. For companies, social media is about creating a more personalrelationship with end-consumers to build a network around a service or product.It is clear that there are many components to social media, but the best way tounderstand social media is to just try it. I hope by now you‟re excited to see what socialmedia can do for your business!Page 77
Social Media MarketingPillar 2: Common Mistakes CompaniesMake With Social MediaNow that we‟ve talked about social media, it‟s important to note what social media isnot. This is best answered by talking about the common mistakes companies make withsocial media.These mistakes fall into three categories: mistakes with strategy, mistakeswith tools, and mistakes with messaging. Most of these mistakes are easily avoidable ifa company is willing to take time to understand the users‟ wants and needs on eachmedium.Common Mistakes Companies Make With StrategySome of the most common mistakes companies make with social media revolve aroundmaking decisions that aren‟t consistent with having good business sense. Becausesocial media tools are free, some companies tend to take the pasta approach: throwingnoodles at a wall to see what sticks. Here are some of the most common mistakes toavoid with social media strategy:Not developing a social media strategyBecause social media is the hottest trend in marketing, companies assume that all theyhave to do is set up a Twitter account and a Facebook fan page. This is the equivalentof pulling random magazines out of off the rack and purchasing full page color ad ineach one, then throwing together a quick and dirty PowerPoint flyer to run. Just like anyother communication medium, social media requires a well-thought out marketingstrategy plan.Page 88
Social Media MarketingPerfecting a social media strategyEven though a social media strategy is important, don‟t wait for the strategy to set upyour company‟s accounts. Reserving your company‟s name on various social mediasites is of the utmost importance. Furthermore, because it takes time to build socialmedia accounts, every minute you waste by not being there is followers you could belosing.Gathering followers rather than building a networkThere are no shortcuts in social media, and the bottom line is companies have to buildrelationships with their customers before they can sell anything. Social media may seemfree, but the hidden time costs to build relationships Social media is not a quick way tomake more sales; in fact, social media actually adds cycle time to the sales process.Just like any other process, a company must consider how much of its resources toinvest.Putting all eggs in one basketIt‟s exciting to see extraordinary results on one form of social media, and tempting toinvest all your resources into what‟s working. Try to resist. With the speed at whichtechnology changes, social media is starting to look similar to the fashion cycle: one dayyou‟re in, the next day you‟re out. Tools fall in and out of fashion all the time –remember Friendster, and more recently, MySpace? Companies that build a largeequity on one tool will find themselves with nothing if the tool loses popularity.Page 99
Social Media MarketingPutting the horse before the carriageAnother cliché is the company that doesn‟t follow a logical process with social mediaand then wonders why it isn‟t seeing results. Common sense comes in handy here. Forexample, consider a company that doesn‟t currently have many customers, but createsa Facebook fan page and starts promoting it with Facebook ads. The keyword is “fan;”people who haven‟t experienced the product are not likely to join a fan club for it. Makesure your company is following a logical customer acquisition process by thinking aboutsocial media from the user-perspective.Common Mistakes Companies Make With Social Media ToolsSocial media is not a set of tools, but rather a way to communicate information. Hereare some of the most common mistakes companies make in regards to social mediatools:Thinking the tools are everythingMost social media talk revolves around tools – i.e.: 10 Ways to Get More Followers onTwitter. While it‟s useful to get into the details and tactics of social media, a solidmarketing strategy should work no matter the medium. The smartest companies willfocus on strategy because in the world of Web 2.0, the tools are constantly changing.Not using the tools correctlyIt takes a long time to build credibility, especially as a company because individuals aretaught to be wary of anything that looks like marketing or spamming. Unfortunately, itonly takes one discrepancy to do damage to a company‟s reputation. Err on the side ofPage 1010
Social Media Marketingcaution with each tool, and take time to listen to the conversations and learn theetiquette for each medium.Not using the tools at allEvery tool holds opportunity for companies, so companies must be willing toexperiment. Rest assured your competitors will be experimenting, so don‟t let them setthe tone or build equity without having your own presence.Common Mistakes Companies Make With MessagingEvery social media user has a very clear idea of what social media means to them, andhow they want to be approached by companies on social media. Most companies don‟trealize that the way they approach social media sends its own message to consumers.Here are some of the most common mistakes companies make with messaging:Creating impersonal accountsUsers don‟t follow companies; they follow engaging people who work at companies.Unless the tool is meant specifically for companies to use (i.e.: Facebook fan pages),every account should be an actual person who has a name and a title that clearlysignifies him or her as a face of the company. This person should write with aconversational tone and respond to other participants in the conversation. Automatedaccounts or accounts that are updated with a stream of links do not produce results.Controlling the messageSocial media is not about controlling a message. In fact, the very nature of social mediais such that no one person or organization can control the message. Because socialmedia is a medium to share information through a network, companies must realize thatPage 1111
Social Media Marketingonce they put the message out there, they have no control anymore. Users can chooseto edit the message, inject their own opinions into the message, share the message, orignore the message. Furthermore, companies can‟t even control where the messagestarts: a user can also create a message about a company without having any affiliationto them. Because of the nature of social media, companies that try to control themessage will have difficulty reaping any of the benefits of the medium.Not controlling the messageWhile companies should be careful about trying to exercise too much control over themessage, there is also the opposite end of the spectrum to avoid. Companies often cite“control over message” as a reason not to participate in social media, but the truth isthat companies have lost control of the message whether they participate or not. This isbecause, as mentioned earlier, users can create a message and drive the conversationsurrounding that message.So how can companies exercise some control over a message and still reap thebenefits of social media (rapid diffusion of information through people sharing messageswith their networks)? The answer is that companies need to participate in theconversation. Responding to complaints and stressing the benefits and what thecompany does well; these are all ways for companies to control the end-consumer‟sperception of its products.Abusing permissionAbusing permission is by far one of the worst mistakes a company can make withmessaging. An example would be if a company collected emails from various blogs in aPage 1212
Social Media Marketingcertain niche and started sending weekly newsletters. While this seems harmless on thesurface, none of these bloggers signed up for the company‟s weekly emails, and thushave not requested the information.Abusing permission is a fast way for companies to lose credibility, damagerelationships, and generally make a bad name for themselves in social media. So wheredo you draw the line with abusing permission? Unfortunately, this question is similar toasking where comedians draw the line with potentially offensive jokes. The truth is thatdifferent users have different levels of tolerance. Just like a comedian might experimentwith messaging based on the feedback he or she is receiving from the audience, yourcompany must experiment with the right level of communication, erring on the side ofunobtrusive.Worried about making these mistakes? As long as you follow along with this book, youcan rest easy that you‟re doing everything right with social media.Page 1313
Social Media MarketingPillar 3: The Different Ways SomeCompanies Use Social MediaThere are several reasons your company has decided to use social media. For somecompanies, it‟s to improve relationships and communication internally, while othercompanies use social media to recruit employees to the company. Most companies areinterested in using social media to improve the bottom line. Here are some of thebenefits social media can lend your company in each of these situations:Using social media internallySocial media can be used internally to improve communication across businessfunctions and help your employees build a sense of camaraderie around the office. It‟salso a useful method for collaborating quickly and independent of location. Yet anotheruse of social media is documenting conversations, discussions, and decisions to beused later in performance reviews or decision case studies.The benefits of using social media beyond its usage mainly revolve around costs. For astart-up or a small to mid-sized business, social media may be a very cost-effectivesolution to other software packages on the market. Many of the typical social mediatools have closed-network business solution counterparts. For example, the businessversion of Twitter is an application called Yammer, and like Twitter, it‟s free to use.As with any decision to use with social media, the decision to use social media as aninternal solution depends on the company‟s goals and resource constraints.Page 1414
Social Media MarketingUsing social media to reach potential employeesHuman resources professionals use social media to build the employer brand of thecompany and sell the company as a preferred place of employment. Human resourcesprofessionals use social media to monitor their company‟s brand for damage control.With websites like The Vault and PayScale allowing employees to “tell-all” about theirformer jobs, brand management is more important than ever for HR professionals.Finally, they can also use social media to research candidates and learn more aboutthem beyond what is featured on a resume or in a cover letter.Similar to using social media internally, using social media to recruit potentialemployees is cost-effective. Rather than purchasing expensive postings on Monster orCareerBuilder, human resources professionals can post the job requisite on LinkedIn.Human resources professionals have formed several online groups to discuss HRissues, provide general career advice to hopeful job candidates or professionals dealingwith difficult situations.Using social media to reach end-consumersThere are so many ways to use social media to communicate with the customer, and associal media goes mainstream companies are finding new ways every day. All of thesepurposes for communication fall into three main functions: public relations andmarketing, sales, and customer services. Each of these three usages will be discussedin detail at a later point.Page 1515
Social Media MarketingBefore your company goes any further with social media, it‟s important to decide whatthe goal is. Your company may want to use social media for one, two, or all three ofthese purposes, and the strategies and tactics for each purpose are different. For theremainder of this book, we will primarily discuss strategy and tactics for using socialmedia to reach customers; however, the frameworks and case studies may be adaptedto suit any other needs your company may have for social media.Page 1616
Social Media MarketingPillar 4: A Framework for DevelopingYour Co
Social Media Marketing 6 Social media is a fusion of sociology and technology Social media is user-controlled, which means that sociologic components play a large role in any company‟s social media business strategy. The limits of social media are only set by the limits of the tec
3.3.4 The role of Social Media in Marketing 27 3.4 Social media marketing - Platforms of online communication and the impact of social media on consumer behaviour 29 3.4.1 Most popular social media platforms 30 3.4.2 Social media platforms by zones 35 3.4.3 Social Media Marketing Strategies 39 3.5 Significance of social media for branding 40
Social Media Marketing & Analytics is a study of concepts and principles used in social media marketing. Students will examine the uses, marketing strategies,and data generated by social media marketing. Subject matter includes foundational social media knowledge, social media marketing
There is clearly a need for sharing and learning more about social media marketing and its ROI. Many social media marketers look to transfer their familiarity with email marketing to social media marketing. This is a good first step, but to really take your social media marketing to the next level, you need to deeply analyze social media and .
2.1 Social Media Marketing Social media marketing is the use of social media platforms and websites to promote a product or service. Although the terms e-marketing and digital marketing are still dominant in academia, social media marketing is becoming more popular for both practitioners and researchers.
Index Terms—social media; social media marketing; strat-egy; sufficient, e-word-of-mouth; Starbucks I. INTRODUCTION N MODERN society, social media is one of the essential factors in a media sector and marketing. It is said that so-cial media is a new measure for media over the world, which has a vast difference with public media. I
UNIT: - I BASIC CONCEPTS IN MARKETING MANAGEMENT STRUCTURE 1.0 Introduction to Marketing 1.1 Definition of Marketing 1.2 Evolution of Marketing 1.3 Marketing Concept 1.4 Role of Marketing 1.5 Strategic Marketing Planning 1.6 Scope of Marketing 1.7 Approaches of Marketing 1.8
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2. What is social marketing? 6 Condom social marketing 7 The role of UNAIDS in social marketing 7 3. Different approaches to social marketing 9 4. Case studies 12 Community-based distribution in Haiti and Mozambique 12 - Haiti 13 - Mozambique 19 Community-based social marketing in India 24 Social marketing based on targeted service delivery in .
International Marketing (3) Sales Management (3) Marketing of Financial B2B Marketing (3) Marketing Strategy (1.5) Media Planning ( 1.5) (3)Brand Management (3) Retail Marketing ((3) Marketing Engineering (1.5) Rural Marketing (3) Innovations in Marketing (3) Customer Relationship Management (3) Sales Promotion (3) Marketing for Entrepreneurs
Webinar : Marketo's Secrets to Social Media Marketing Marketo Social Media Marketing Blog Posts them directly or conduct research. This upfront investment pays o during the customer lifecycle, not just on social but across all marketing e orts. OPTIMIZING BY CHANNEL There is no one-size- its-all approach for social media marketing, so you .
of social media marketing, based on their comprehensive study aimed at providing a holistic framework for this online marketing concept. Thus, Felix et al. (2017) defined a holistic approach of social media marketing and also explained the strategic level of social media marketing which ‘covers an organization's decisions
Marketing, Social Media Influencer, and Influencer Marketing. 2 . 7.1 Appendix One Thematic Question guide: _ 77 7.2 Table One- Table of participants (In-depth Interview)_ 79 . influencer marketing as a strategy in marketing. More so, since social media started, it has been apparent, the rise of social media .
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one for social media marketing: Social media marketing (SMM) is a technique that employs social media (content created by everyday people using highly accessible and scalable technologies such as social networks, blogs, microblogs, message boards, podcasts, social bookmarks, communities, wikis, and vlogs). Social media (which has probably been one of the most hyped buzzwords of theFile Size: 2MB
1. Understand what a marketing manager does. 2. Know what marketing strategy planning is—and why it is the focus of this book. 3. Understand target marketing. 4. Be familiar with the four Ps in a marketing mix. 5. Know the difference between a marketing strategy, a marketing plan, and a marketing program. 2–2
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Therefore if I generate sales same as before indulging in social media I would say logically I have failed to use social media as a marketing tool to boost my sales. 93 7 0 20 40 60 80 100 Social Media Usage for Business Marketing via Social Media Usable Non Usable Study shows that 93% of marketers use social media for business Only 7% of
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advertise its products. In this research we assess the impact of social media marketing on consumer perception towards buying a product or making a decision to buy a product. With social media marketing we also assess the impact of promotion marketing and door to door marketing. In this study total 152
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