Harnessing the power of social for your business

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Harnessing the Power of Social for your Business Contact details: [email protected] @socialgo facebook.com/socialgo owners.socialgo.com

Transcript of Harnessing the power of social for your business

We are

● UK provider of cloud-hosted community software

● Over 300,000 communities created since 2008

● Passionate about the power of online communities in bringing businesses and their customers together

Let's face it: people love social

83% of

18-29 year olds do it

70% of

30-49 year olds do it

51% of

50+ year olds do it

Source: http://www.slideshare.net/HubSpot/social-media-is-a-lot-like-sex

And we don't need to tell you about Facebook's growth!

Millions of Monthly Active Users

Source: http://www.insidefacebook.com/wp-content/uploads/2012/07/image.jpeg

You can harness the desire to communicate for:

● Creating awareness of your business

● Broadcasting your message to (potentially) millions

● Engaging your key influencers and turning them into evangelists and loyal, satisfied customers

But what does it mean for business?

● Social is here to stay

● People want to engage in meaningful conversations

● You just need to provide the campfire

There's no denying it

● Nearly half of all SMBs are using Social Media - awesome!

● Facebook is great for establishing a social presence for your business

● Twitter is great for real-time visibility and speedy customer service

● Both provide access to millions of potential customers, suppliers, partners etc.

Small businesses are taking advantage of Facebook & Twitter

Source: http://redspotmarketing.com/how-many-businesses-are-using-facebook/

But they're not ideal for building campfires...

... and campfires drive engagement!

Limitation #1: Information decays rapidly in users' activity feeds

The average Facebook user has...

80 pages

130 friends

The average Facebook user likes...

The average Twitter user follows...

102 Twitter accounts

Source 1: http://www.digitalbuzzblog.com/social-media-statistics-stats-2012-infographic/Source 2: http://www.beevolve.com/twitter-statistics/

Limitation #2: You're at the mercy of their Terms of Service

Source: http://www.facebook.com/Intelligent.Armour

Limitation #3: You don't own the data

no email

no address

no contact permission

Limitation #4: It's 1-to-many or 1-to-1, but not easily many-to-many

"I'd prefer 1,000 followers, friends, and fans that actually meant something, rather than 10 million that weren't engaged."

- Jared Leto

What's the solution?

A dedicated online home to start your campfire

● A format that is built for many-to-many interaction● Affordable off-the-shelf technology so you can focus on

the community rather than the code● 100% control of branding and design● Archivable content● Data ownership

5 things you can do right now

!

1. Find your story

What do you want to engage people with?

Profession

Gender

2. Define your ideal member

Age

Who will your community be built for?

Keep these 'sharer types' in mind

AltruistsHelpful

ThoughtfulEmail

HipstersCreativePopular

Cutting-edge

ConnectorsRelaxedPlannedEmail/FB

CareeristsValuableIntelligentLinkedIn

BoomerangsReaction

EmpoweredFB/Twitter

SelectivesCareful

InformativeEmail

Source: NYT Psychology of Sharing study http://nytmarketing.whsites.net/mediakit/pos/

3. Choose your technology

Forum? Chat room? Social Network? ...

4. Recruit founding members

Which customers/suppliers/friends couldhelp you get the conversation started?

5. Start creating content

www.kidstartconnect.co.uk

Check out the case study video for more

on how KidStart built their community

Think of what interests your community, and start creating!

Here's your checklist

1. Find your story2. Define your ideal member3. Choose your technology4. Recruit founding members5. Start creating content