Title: Taking Advantage of a Changing Landscape
1Taking Advantage of a Changing Landscape
2(No Transcript)
3Changing the conversation through social media
4Agenda
- Elasticity
- New means to tell the story
- Social
- Micro
- Mobile
- Search
- Corporate uses of the new tools
- Measurement
- Takeaways
590 of your sales will come from word of mouth
or digital promotion by 2011
- Seth Godin
6Digital Word of Mouth
- Hybrid of Advertising, PR, Grassroots, and
Digital Marketing - Build communities, conversations, relationships
- Leverage Online and Offline channels to build on
each other
7What We Do
- Identify Trends
- Research/Strategy
- PR 2.0
- Media Outreach
- Digital Marketing
- Training
- Mobile Marketing
- Mobile apps, SMS, IVR, MMS
- Search Marketing
- Social Media Monitoring and Tracking
- Online Reputation Management
- Creating Meaningful Online Communities
8Who Weve Worked For
- ATT
- Monsanto
- UPS
- Yahoo!
- Rawlings
- Papa Johns
- Emerson
- IBM
- Graybar
- United States Department of the Treasury
- CDC (Center for Disease Control and Prevention)
- Visa
- Motorola
- Dell
- PG
9Why media is becoming an online after-thought
- Consumers want Customization, Interactivity,
Convenience and Portability - Media have been late to understanding how
consumers are using online sources of info - Online has reduced the cost of publishing
- An entire generation has deserted traditional
media - A bad economy has accelerated all the trends
10Why social media has become so popular
- Participation in media
- Consumer perceived control
- Sites are easy to use, convenient, a centralized
place to share information, photos, videos, other
material - A means of qualified email
- In a down economy, social media has reached
critical mass among users
11Social Media Digital Word of Mouth does not
replace elements of the marketing mix. Rather,
it augments the other tactics and extends the
reach and effectiveness of the entire marketing
program.
12Using triangulation to expand your reach
Blogs/Online
Impactful Actionable Measurable
Social Media
Mainstream
13Social
- Facebook has emerged as the digital meeting
place online - Tipping point reached late last year as the
economy slowed - Versatile, easy to use
- Authentic voices from real people about issues
they are passionate about - Links to products
- Charitable causes
- Hobbies
- Marketing through Facebook is a new model
14The Greying of Facebook
15Facebook today
16Corporations and Brands on Facebook
1. Coca-Cola
3,408,343 2. Converse All-Stars
1,960,778 3. Adidas
1,838,595 4. Disney
1,744,830 5. Nike
1,431,902
- Universal McCanns Media in Mind 2008 tracking
study
17Consumer brands surrender to Facebook
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19Micro
- 140 character limit per post
- Twitter has reached critical mass in the last
three months - Provides the opportunity to find information
about what is happening right now - Can be read through PC or cell phone
- Versatile tool with many uses
- Customer service monitoring and responding
- Connection to other devices that can give
instant readings for things like medical devices
20Twitter, microblogs
- Mobile communication well suited for cell phones
- Alternative to email
- Broadcast platform for ending out message to a
network of followers - Source of focused information
- Quick feedback tool
- Whats happening right now
21The growth of Twitter
- 2008 Pew Research tracking survey
22Brands and news media on Twitter
CNN
1,307,719 The New York Times
760,949 NPR Politics
611,669 TIME
463,713 Good Morning America 396,163 CBS
Breaking News 205,750 Fox News
73,423 The Today Show
62,816
Whole Foods 545,020 Zappos
523,327 JetBlue
443,115 Starbucks
162,400
23Mobile
- Cell phones have become the 100 laptop
- Over 265 million U.S. wireless subscribers -
approaching 90 penetration - Of those, 53 use text messaging on a regular
basis - U.S. subscribers now send/receive more text
messages than they do phone calls - 73 of U.S. mobile subscribers have a picture
phone
24Why the Future is Mobile
- The 7th media, but the first personal media
- First to be always-on
- First to be always-carried
- 7 of 10 users say they sleep with it at arms
length - Built-in payment channel
- Point of thought create and consume wherever
the mood strikes - Cell phones have become the 100 laptop
- 2008 Nebraska Media Usage Survey
25Research starts with Search
- 95 begin their research at a search engine
- Word of Mouth Product Recommendations
- 65 of consumers trust friends
- 27 trust experts
- (source Accenture)
- Online Search
- 68 compare prices online before shopping in a
physical store - 58 locate items online before purchasing offline
- 67 prefer to research online and buy from
physical stores - (source Yankelovich)
26Search
- Its not about being the top result anymore.
- Its about owning the first page of results.
- The first page paints the picture
- Your brand is not what you say it it. Its what
Google says it is.
27Search extends to Social Media
- Social Media
- 49 of shoppers have made a purchase based on a
recommendation through a social media property - (source Razorfish)
- Online social network users
- 30 trust peers opinions
- 10 trust advertising for purchase decisions
- (source Jupiter Research)
28The search for Toro
29How many come to Toro.com
30Who are the Toro.com visitors?
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38Fords Fiesta Movement
- In prep for launch of 2011 Ford Fiesta, Ford
chose 100 bloggers to drive one for up to six
months - 4,000 bloggers submitted videos to get the cars
- Videos generated 640,000 views on YouTube
- The 100 chosen agents for Fords Fiesta
Movement are social media experts with large
followings in a wide variety of social media
sites, diverse backgrounds and demographics - Target audience is Millennials
- These agents are ready for adventure and eager
to spread the word with their friends, fans and
followers. Connie Fontaine, Fords Brand
Content and Alliances Manager
39ATT Business uses LinkedIn
40LinkedIn, the business version of Facebook
41Twitter
Facebook
LinkedIn
42Social media used for authentic voices online
43DellsIdeastorm
44Dominos gets burned
45Social Media Digital Word of Mouth ultimately
helps with the bottom line.
46Building a credible online community
- Giving participants a place to share ideas,
discuss topics and express opinions - Authenticity
- Surveys, polls drive traffic, create a sense of
immediacy, reason to return to the site - Responses can generate news
- Provides a place for blogs, online media to send
users to and to monitor for access to ideas,
sources
47The contradiction of social media
- Reaching over the media filter...
- ...to an uncontrolled community that can include
supporters and critics - Fairness is achieved only over time, as judged by
the community - Authenticity is highly valued, but difficult to
prove
48Measurement
- 2008 Nebraska Media Usage Survey
49How Toro stacks up
50How Toro stacks up
51Toros online conversation topics
52Looking at the media universe
53Takeaways
- Crawl-walk-run approach is a good way to begin
- Consider a pilot program in a more controllable
environment - Design programs that can be easily altered to
meet customer needs - Keep your distributors involved and aware
- Encourage your employees to contribute ideas
- Think of social-micro-mobile applications in
every marketing program
54Taking Advantage of a Changing Landscape