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Social Media & Public Relations:
    Managing the Uncontrollable

                                            Welcome to Dow Jones
                                            Making sense of Social
                                             Media in Communications
                                            Knowing when you should
                                             be alarmed and how that
                                             will affect your business
                                            Social or not – It’s Media
                                             Relations
                                            Managing effective
Lars Voedisch                                communications
Regional Head – Media Intelligence, APAC    Leveraging upcoming
Dow Jones and Company                        trends and opportunities
lars.voedisch@dowjones.com
@larsv
  © Copyright 2010 Dow Jones and Company                                  |
Anecdote: Air NZ vs. Southwest Airlines
  Online Video Battle

 1) Dave the rapping flight
          the rapping flight
    attendant – Southwest
    attendant– Southwest
 2) Nothing to Hide / Bare
    Essentials - Air New
    Zealand




© Copyright 2010 Dow Jones and Company      |
Dow Jones Family




© Copyright 2010 Dow Jones and Company   | 3
Content + Expertise + Technology =
   Relevant Information → Actionable Intelligence
                                                                                  27,000+ global sources
                                                                                  17M+ companies
                                                   Other People’s                 35M+ executives
                                                      Content                     16M+ Websites and blogs
                                          Web/Social                 Mainstream
                                           Media                       Media

150+ researchers                                        Dow Jones
130,000+ indexes                                         Research
  Media/VC/Risk


                                                        Dow Jones
                                                         News,
Over 150                                               Commentary
years of                                                & Analysis                2,000 journalists
                                                                                  84 bureaus
Indispensable                                                                     18,000+ daily news items
Content
 © Copyright 2010 Dow Jones and Company                                                                 | 4
Content + Technology = Relevant Information

     Dow Jones Content
      150 researchers
      2000 journalists
        11 languages                                                Personalization       Wealth Management
    18K news items a day
                                                 Content
                                                  Content           Visualization            Investment
                                                                                            Management
                                               normalization
                                               normalization        Search                  Researchers &
      Premium Content                                                                     Knowledge Workers
   27,000 global sources                                            Discovery
        22 languages                                                                      Investment Banking
 Over 200K news items a day                     Metadata
                                                 Metadata           Alerting & Triggers
                                                                                            Sales & Trading
                                                Symbology
                                                Symbology           People

Web and Social Media Content
                                            Visualization
                                                Taxonomy
                                                 Taxonomy           Connections
                                                                                           PR & Corp Comm

       13K websites                                                                        Risk & Compliance
   60K message boards                                               Integration
        16 M blogs
                                                                                            Private Markets
     300K articles a day                                            Widgets
                                                Best of breed
                                                                                               Sales
                                                technologies        Newsletters
   Company and Executive Info
     17 M Company Profiles
     35 M Executive Profiles
Extracted from 75 Million Websites


                                                                       TECHNICAL
    DIVERSE DATA SOURCES                      TECHNOLOGY PLATFORM                         CUSTOMERS
                                                                      CAP ABILITIIES

                                                                                                           5|
   © Copyright 2010 Dow Jones and Company                                                                 | 5
Social Media & Public Relations:
    Managing the Uncontrollable

                                            Welcome to Dow Jones
                                            Making sense of Social
                                             Media in Communications
                                            Knowing when you should
                                             be alarmed and how that
                                             will affect your business
                                            Social or not – It’s Media
                                             Relations
                                            Managing effective
Lars Voedisch                                communications
Regional Head – Media Intelligence, APAC    Leveraging upcoming
Dow Jones and Company                        trends and opportunities
lars.voedisch@dowjones.com
@larsv
  © Copyright 2010 Dow Jones and Company                                  |
Markets are conversations.
  Are you participating?

                                                       The conversation is going on whether you
                                                       care to be involved or not.

                                                       If you choose not to be involved, you lose
                                                       control of the conversation about your
                                                       product, your business. You become
                                                       irrelevant!

                                                       Trust can take years to build but be eroded
                                                       away in just a few days.

                                                       To avoid disaster, you have to keep one finger
                                                       on the pulse of the social web.

Source: www.cluetrain.com/book/; Mark Pesce – “Keep control of the conversation”, Sydney Morning Herald

© Copyright 2010 Dow Jones and Company                                                                    |
Misconceptions about Social Media




http://www.youtube.com/user/Socialnomics09
 © Copyright 2010 Dow Jones and Company      |
Misconceptions about Social Media


  1.       Build it and they will come
  2.       Using Social Media to broadcast, not to LISTEN
  3.       It’s FREE!!!
  4.       You have to react to each negative comment
  5.       No plan or objective
  6.       Tracking the wrong stuff




Source: The 7 Misconceptions of Social Media, Mike Lewis

   © Copyright 2010 Dow Jones and Company                   |
Don’t Panic!
    90-9-1 Principle: The Inequality of the Web




Source: Jakob Nielsen - Participation Inequality: Encouraging More Users to Contribute

  © Copyright 2010 Dow Jones and Company                                                 |
Social Media & Public Relations:
    Managing the Uncontrollable

                                            Welcome to Dow Jones
                                            Making sense of Social
                                             Media in Communications
                                            Knowing when you should
                                             be alarmed and how that
                                             will affect your business
                                            Social or not – It’s Media
                                             Relations
                                            Managing effective
Lars Voedisch                                communications
Regional Head – Media Intelligence, APAC    Leveraging upcoming
Dow Jones and Company                        trends and opportunities
lars.voedisch@dowjones.com
@larsv
  © Copyright 2010 Dow Jones and Company                                  |
The majority of all crises comes from within
  an organization.




© Copyright 2010 Dow Jones and Company           |
Nestlé's social media crisis




                                               Nestlé
                                            unwillingly
                                             put public
                                            attention to
                                           Greenpeace's
                                               video
                                             campaign

© Copyright 2010 Dow Jones and Company                     |
Activists
change their
Facebook
profile
photos to
anti-Nestlé
slogans and
start posting
to the Nestlé
fan page                                      Nestlé
                                           unwillingly
                                            put public
                                           attention to
                                          Greenpeace's
                                              video
                                            campaign

 © Copyright 2010 Dow Jones and Company                   |
Activists                                 Nestlé: “To repeat: we
                                           Nestlé: “To repeat: we
change their                              welcome your
                                           welcome your
Facebook                                  comments, but please
                                           comments, but please
profile                                   don't post using an
                                           don't post using an
photos to                                 altered version of any
                                           altered version of any
anti-Nestlé                               of our logos as your
                                           of our logos as your
slogans and                               profile pic--they will be
                                           profile pic--they will be
start posting                             deleted”
                                           deleted”
to the Nestlé
fan page                                              Nestlé
                                                   unwillingly
                                                    put public
                                                   attention to
                                                  Greenpeace's
                                                      video
                                                    campaign

 © Copyright 2010 Dow Jones and Company                                |
Activists                                       Nestlé: “To repeat: we
                                                 Nestlé: “To repeat: we
change their                                    welcome your
                                                 welcome your
Facebook                                        comments, but please
                                                 comments, but please
profile                                         don't post using an
                                          Now it don't went using an all
                                                         post
                                           Now iteven wentworse with all
photos to                                       altered version of with
                                                  even version of any
                                                 altered
                                                               worse
                                                                     any
                                          kinds of criticism, allegations
                                           kindsof our logos as your
                                                 of criticism, allegations
anti-Nestlé                                      of our logos as your
                                          and simple insults being
                                           and simple insults being be
                                                profile pic--they will
slogans and                               postedprofilebottledwater be
                                                          pic--they will
                                           posted(e.g. bottled water
                                                   (e.g.
                                                deleted”
start posting                                    deleted”
                                          dispute in the US, “killing
                                           dispute in the US, “killing
to the Nestlé                             babies”…)
fan page
                                           babies”…)            Nestlé
                                                        unwillingly
                                                         put public
                                                        attention to
                                                       Greenpeace's
                                                           video
                                                         campaign

 © Copyright 2010 Dow Jones and Company                                      |
Activists                                       Nestlé: “To repeat: we
                                                 Nestlé: “To repeat: we
change their                                    welcome your
                                                 welcome your
Facebook                                        comments, but please
                                                 comments, but please
profile                                         don't post using an
                                                        post Key learnings:
                                          Now it don't went using an all
                                           Now iteven wentworse with all
photos to                                       altered version of with
                                                  even version of any
                                                 altered
                                                              worse
                                                                     any
                                          kinds of criticism, allegations
                                           kindsof our logos as your
                                                 of criticism, allegations
anti-Nestlé                                      of our logos as your
                                          and simple insults being
                                           and simple insults Control? Don't use
                                                               being
                                                profile pic--they will be
slogans and                                      profile pic--they will be
                                          posted (e.g. bottledlawyers to take
                                           posted (e.g. bottledwater
                                                deleted”         water
start posting                                    deleted” “killing
                                          dispute in the US, “killing off the
                                           dispute in the US, things
to the Nestlé                             babies”…)
fan page
                                           babies”…)           Nestlé
                                                               Internet
                                                        unwillingly it,
                                                           Admit it, stop
                                                         put public
                                                           and apologize
                                                        attention to
                                                           Customers
                                                       Greenpeace's are
                                                           criticizing you
                                                           video
                                                           telling you
                                                           something very
                                                         campaign
                                                           valuable


 © Copyright 2010 Dow Jones and Company                                            |
Case: Nestlé's social media mistake and recovery
                                                                     Nestlé: “To repeat: we
                                                                      Nestlé: “To repeat: we
Activists                                 Now it even went worse with all your
                                           Now it even went worse welcome your
                                                                     with all
                                                                       Key learnings:
                                                                      welcome
change their                              kinds of criticism, allegations
                                           kinds of criticism, allegations
                                                                     comments, but please
                                                                      comments, but please
Facebook                                  and simple insults beingdon't post using an
                                           and simple insults beingdon't post using an
profile                                   posted (e.g. bottled water Don't version of any
                                           posted (e.g. bottled wateraltered use yourof any
                                                                      altered version
photos to                                 dispute in the US, “killing lawyers to take
                                           dispute in the US, “killing our logos as your
                                                                     of our logos as your
                                                                      of
anti-Nestlé                               babies”…)
                                           babies”…)                   things off the
                                                                     profile pic--they will be
                                                                      profile pic--they will be
slogans and                                                            Internet
                                                                     deleted”
                                                                      deleted”
start postingWhat are the
to the Nestlé
              What are the Nestlé Admit it, stop it,
     Rules of Engagement?
      Rules of Engagement?
fan page
                          unwillingly and apologize
                      put public
A crisis response protocol?
A crisis response protocol? Customers
                     attention to criticizing you are
 How fast can you react?
  How fast can youGreenpeace's
                    react?        telling you
                                                       video          something very
                                                                      valuable
                                                     campaign
 © Copyright 2010 Dow Jones and Company                                                           |
Social Media & Public Relations:
    Managing the Uncontrollable

                                            Welcome to Dow Jones
                                            Making sense of Social
                                             Media in Communications
                                            Knowing when you should
                                             be alarmed and how that
                                             will affect your business
                                            Social or not – It’s Media
                                             Relations
                                            Managing effective
Lars Voedisch                                communications
Regional Head – Media Intelligence, APAC    Leveraging upcoming
Dow Jones and Company                        trends and opportunities
lars.voedisch@dowjones.com
@larsv
  © Copyright 2010 Dow Jones and Company                                  |
Social or not – it’s Media Relations




© Copyright 2010 Dow Jones and Company   |
Social Media Relations: Everything Changes!?


Everything                                Nothing
    Changes                                   Changes
 From pitching to                         It’s about
  engaging in “Naked                        relationships and
  Conversations”                            people
 “There is no market                      Not every negative
  for your message”                         comment means a
 Command and                               crisis
  control, top down                        You need to watch
  message delivery is                       your relevant space:
  no longer an option –                     monitor and analyze
  it’s about
  conversations                            Look at trends over
                                            time
 © Copyright 2010 Dow Jones and Company                       |
How do we stay relevant and lead strategic
      communications programs?

       It’s not traditional vs.
        social media or old and
        new media – it’s all media
        relations.
       Let’s not just jump on
        Twitter or Foursquare
        because it’s the hottest
        tool at THIS moment
       Now everybody has a
        printing press

      Successful Social Media Communication is an ART:
       Successful Social Media Communication is an ART:
      --Authentic
        Authentic
             -Relevant
              -Relevant
                    -Transparent
                     -Transparent
Source: Redefining Media Relations, Maureen O’Connell
   © Copyright 2010 Dow Jones and Company                 |
Anecdote: Air NZ vs. Southwest Airlines
  Online Video Battle

 1) Dave the rapping flight
    attendant – Southwest
 2) Nothing to Hide / / Bare
    Nothing to Hide Bare
    Essentials Air New
    Essentials- -Air New
    Zealand
    Zealand
 3) Air NZ challenging
    Southwest




© Copyright 2010 Dow Jones and Company      |
Social Media & Public Relations:
    Managing the Uncontrollable

                                            Welcome to Dow Jones
                                            Making sense of Social
                                             Media in Communications
                                            Knowing when you should
                                             be alarmed and how that
                                             will affect your business
                                            Social or not – It’s Media
                                             Relations
                                            Managing effective
Lars Voedisch                                communications
Regional Head – Media Intelligence, APAC    Leveraging upcoming
Dow Jones and Company                        trends and opportunities
lars.voedisch@dowjones.com
@larsv
  © Copyright 2010 Dow Jones and Company                                  |
Integrated Communications
      Who ‘owns’ Social Media?




Source: Blurring Lines, Turf Battles and Tweets: The Real Impact of Integrated Communications on Marketing and PR
   © Copyright 2010 Dow Jones and Company                                                                           |
Integrated Communications
      Who ‘owns’ Social Media?




    • The lines between PR and marketing are blurring.
    • “Turf battles” still evident.
    • Ownership of social media and blogging still undecided.
    • Benefits and communication measurement provides
      common ground.
Source: Blurring Lines, Turf Battles and Tweets: The Real Impact of Integrated Communications on Marketing and PR
   © Copyright 2010 Dow Jones and Company                                                                           |
Indispensable? Translating PR results into the
   language of business
• 60% of companies (PR Week) are measuring PR/
  Communications at the request of senior
  management. – Better start before management asks
  for it
• Using multiple metrics – Show the whole picture
• Connect the dots between clip counts –trends in
  coverage and favourability
• One key metric should be measuring relationships
• Set your sights on the competition – show the context
• Top executives only need a high-level summary of
  results

“…From an executive’s viewpoint, it can be
 “…From an executive’s viewpoint, it can be
interpreted as the difference between the PR
 interpreted as the difference between the PR
team being busy and the PR team being
 team being busy and the PR team being
indispensable.
 indispensable.
                                          Source: Dow Jones E-book: “Talk to me – 10 tips for translating the PR results into the language of business“.
 © Copyright 2010 Dow Jones and Company                                                                                                             |
Smart Goal Setting for your (Social) Media
  Strategy

   Goals drive the type of
    measurements you are
    going to use
   Outcomes, not Outputs
   What’s your ultimate
    objective:
    1. Awareness
    2. Image / Reputation
    3. Sales
    4. Cost savings
    5. Something else?
 Source: 25 Must Read Social Media Marketing Tips
© Copyright 2010 Dow Jones and Company              | 28
Case Study: Social Media and Dow Jones




© Copyright 2010 Dow Jones and Company     | 29
Smart Goal Setting for your (Social) Media
  Strategy

   Goals drive the type of
    measurements you are
    going to use
   Outcomes, not Outputs
   What’s your ultimate
    objective:
    1. Awareness
    2. Image / Reputation
    3. Sales
    4. Cost savings
    5. Something else?
 Source: 25 Must Read Social Media Marketing Tips
© Copyright 2010 Dow Jones and Company              | 30
Monitor Analyse Discover Engage




               Communications Objectives & Strategy


                      Use smart tools along your workflow!


                Monitor                   Analyse           Discover          Engage

                research &                issues, trends    opportunities &   & pinpoint
                 promote                 & strategies for    risks in time    better the
                 the buzz                     impact             to act       influential




© Copyright 2010 Dow Jones and Company                                                       |
Monitor




                                         Who’s Listening?
                                         Monitor and Track
                                          what’s relevant
                                           across media
                                            channels /
                                             sources!


© Copyright 2010 Dow Jones and Company                       | 32
Media Analysis: Stop confusing ROI with
  results, and measurement with counting

   “Measurement is not counting. Or monitoring. It
    is not the number of followers, friends, rankings,
    or scores.
   Measurement is a process that requires you to
    compare results against something — either
    with your competition or with your own results
    over time.
   You note the change, analyze the reasons why,
    and improve your program accordingly.”


  KD Payne
 Source: Stop confusing ROI with results, and measurement with counting, KD Payne
© Copyright 2010 Dow Jones and Company                                              | 33
Media Analysis: Stop confusing ROI with
  results, and measurement with counting

   “Measurement is not counting. Or monitoring. It
    is not the number of followers, friends, rankings,
    or scores.
   Measurement is a process that requires you to
                          Show you’re busy –
    compare results against something — either
    with your competition or with your own results
    over time.             or indispensable?
   You note the change, analyze the reasons why,
    and improve your program accordingly.”


  KD Payne
 Source: Stop confusing ROI with results, and measurement with counting, KD Payne
© Copyright 2010 Dow Jones and Company                                              | 34
Analyse
 What’s going on?

                                                      Who are they
                                                     talking about?



                                                               When is it
                                                              happening?
                                          What is the
                                         chatter about?




© Copyright 2010 Dow Jones and Company                                          | 35
Analyse
 What’s going on?




                                         How bad (good) is it?
                                                                      Where is the
                                                                      conversation
                                          How does the story          happening?
                                         play out in traditional        ONLINE!
                                          and social media?
                                                                                         36
© Copyright 2010 Dow Jones and Company                                               |
Discover
        What’s coming?
  What’s the context?
                     iPhone




                                         “This is not about searching
                                            knowns, this is about
                                          uncovering unknowns and
© Copyright 2010 Dow Jones and Company   understanding the context.”        | 37
Engage
        Engage and understand the influencers
            For most industries, Print is still king!
                                          What they’re writing about…




…and how to contact them

                 Link content (news, posts) with the creators (journalists,
                                        bloggers)
             Quickly access everything you need to make decisions and
                           contact the right influencers
© Copy right 2010 Dow Jones and Company                                           | 38
Content Creation: Leveraging resources through
streamlining of internal processes
                                                                     Editorial
                                                                      Editorial
                                                               Workbench can
                                                                Workbench can
              RSS Feeds                                        consume aawide
                                                                consume wide
                                                                    variety of
                                                                     variety of
                                                                     sources
                                                                      sources
                                                                   (including
                                                                     (including
                                                                 Factiva, your
                                                              Email Newsletters
                                                                  Factiva, your
                                                               internal articles,
                                                                internal articles,
                                                                  and external
                                                                   and external
                                                                 RSS) to allow
                                                                  RSS) to allow
                                                                editors to hand
                                                                 editors to hand
                                                              pick content, add
                                                               pick content, add
                                                              commentary, and
                                                               commentary, and
                                                               publish tailored
                                                                publish tailored
       Custom Portlets/Webparts
                                                              news summaries
                                                                news summaries
         & Custom XML output                                       to multiple
                                                                    to multiple
                                           Mobile-formatted      audiences via
                                                                  audiences via
   “…provides the ability to sort the knowledge
                                         sort the knowledge
                                                 text                multiple
                                                                       multiple
    “…provides the ability to                                       channels.
   gold from the information noise” --Caterpillar
    gold from the information noise” Caterpillar                     channels.

© Copyright 2010 Dow Jones and Company                                           |
Social Media & Public Relations:
    Managing the Uncontrollable

                                            Welcome to Dow Jones
                                            Making sense of Social
                                             Media in Communications
                                            Knowing when you should
                                             be alarmed and how that
                                             will affect your business
                                            Social or not – It’s Media
                                             Relations
                                            Managing effective
Lars Voedisch                                communications
Regional Head – Media Intelligence, APAC    Leveraging upcoming
Dow Jones and Company                        trends and opportunities
lars.voedisch@dowjones.com
@larsv
  © Copyright 2010 Dow Jones and Company                                  |
Outlook: The Future Of The Social Web

                                                    Social media IS mainstream
                                                    Going mobile
                                                    Less trial-and-error and
                                                     more strategy
                                                    It’s all about content
                                                    One size doesn’t fit all
                                                    There will be more
                                                     - Noise!
                                                     - Devices / Tools / Networks
Sources: Forrester, Web Profits, Read Wide Web

  © Copyright 2010 Dow Jones and Company                                            |
Must-Dos for Comms Professionals in 2010:
  You can’t outsource your strategy
           Agree and align your communications objectives
           -         Awareness
           -         Image / Reputation
           -         Sales
           -         Cost savings
           -         Something else?
           Track / Measure your success
           Build expertise and capacity (staff & tools): Social
            media is neither cost-free nor will it fix it all.
           Think about relevance: Become a Content Creator
           Define your Rules of Engagement
           Bring Social Media Inside

© Copyright 2010 Dow Jones and Company                             | 42
Summary:
  Social Media Tips for PR Professionals

           Keep on top of social media trends
           Familiarize yourself with the latest web tools
            for your social media management success
           Follow best social media practices in your
            industry sector
           Identify and engage relevant digital
            influencers



 Source: Social Media Tips for PR Professionals, Daniel Young
© Copyright 2010 Dow Jones and Company                          | 43
Summary: Social or not – It’s Media Relations
  Social Media Tips for PR Professionals

           Keep on top of social media trends
           Familiarize yourself with the latest web tools
            for your social media management success
           Follow best social media practices in your
            industry sector
           Identify and engage relevant digital
            influencers

    Important rules in media
     Important rules in media
    relations remain the same
     relations remain the same
 Source: Social Media Tips for PR Professionals, Daniel Young
© Copyright 2010 Dow Jones and Company                          | 44
Monitor Analyze Discover Engage




            Dow Jones services for Public Relations
                & Corporate Communications

                Monitor                   Analyze           Discover          Engage

                research &                issues, trends    opportunities &   & pinpoint
                 promote                 & strategies for    risks in time    better the
                 the buzz                     impact             to act       influential




© Copyright 2010 Dow Jones and Company                                                       |
Anecdote: Air NZ vs. Southwest Airlines
  Online Video Battle

 1) Dave the rapping flight
    attendant – Southwest
 2) Nothing to Hide / Bare
    Essentials - Air New
    Zealand
 3) Air NZ challenging
    Air NZ challenging
    Southwest
    Southwest
 4) Southwest’s response




© Copyright 2010 Dow Jones and Company      |
Questions?




                                         Thank you.
                                         Lars Voedisch
                                         Regional Head – Media Intelligence, APAC
                                         Dow Jones and Company
                                         lars.voedisch@dowjones.com
                                         @larsv
© Copyright 2010 Dow Jones and Company                                          |

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Managing the Uncontrollable - Integrated Communications in the Age of Social Media

  • 1. Social Media & Public Relations: Managing the Uncontrollable  Welcome to Dow Jones  Making sense of Social Media in Communications  Knowing when you should be alarmed and how that will affect your business  Social or not – It’s Media Relations  Managing effective Lars Voedisch communications Regional Head – Media Intelligence, APAC  Leveraging upcoming Dow Jones and Company trends and opportunities lars.voedisch@dowjones.com @larsv © Copyright 2010 Dow Jones and Company |
  • 2. Anecdote: Air NZ vs. Southwest Airlines Online Video Battle 1) Dave the rapping flight the rapping flight attendant – Southwest attendant– Southwest 2) Nothing to Hide / Bare Essentials - Air New Zealand © Copyright 2010 Dow Jones and Company |
  • 3. Dow Jones Family © Copyright 2010 Dow Jones and Company | 3
  • 4. Content + Expertise + Technology = Relevant Information → Actionable Intelligence 27,000+ global sources 17M+ companies Other People’s 35M+ executives Content 16M+ Websites and blogs Web/Social Mainstream Media Media 150+ researchers Dow Jones 130,000+ indexes Research Media/VC/Risk Dow Jones News, Over 150 Commentary years of & Analysis 2,000 journalists 84 bureaus Indispensable 18,000+ daily news items Content © Copyright 2010 Dow Jones and Company | 4
  • 5. Content + Technology = Relevant Information Dow Jones Content 150 researchers 2000 journalists 11 languages Personalization Wealth Management 18K news items a day Content Content Visualization Investment Management normalization normalization Search Researchers & Premium Content Knowledge Workers 27,000 global sources Discovery 22 languages Investment Banking Over 200K news items a day Metadata Metadata Alerting & Triggers Sales & Trading Symbology Symbology People Web and Social Media Content Visualization Taxonomy Taxonomy Connections PR & Corp Comm 13K websites Risk & Compliance 60K message boards Integration 16 M blogs Private Markets 300K articles a day Widgets Best of breed Sales technologies Newsletters Company and Executive Info 17 M Company Profiles 35 M Executive Profiles Extracted from 75 Million Websites TECHNICAL DIVERSE DATA SOURCES TECHNOLOGY PLATFORM CUSTOMERS CAP ABILITIIES 5| © Copyright 2010 Dow Jones and Company | 5
  • 6. Social Media & Public Relations: Managing the Uncontrollable  Welcome to Dow Jones  Making sense of Social Media in Communications  Knowing when you should be alarmed and how that will affect your business  Social or not – It’s Media Relations  Managing effective Lars Voedisch communications Regional Head – Media Intelligence, APAC  Leveraging upcoming Dow Jones and Company trends and opportunities lars.voedisch@dowjones.com @larsv © Copyright 2010 Dow Jones and Company |
  • 7. Markets are conversations. Are you participating? The conversation is going on whether you care to be involved or not. If you choose not to be involved, you lose control of the conversation about your product, your business. You become irrelevant! Trust can take years to build but be eroded away in just a few days. To avoid disaster, you have to keep one finger on the pulse of the social web. Source: www.cluetrain.com/book/; Mark Pesce – “Keep control of the conversation”, Sydney Morning Herald © Copyright 2010 Dow Jones and Company |
  • 8. Misconceptions about Social Media http://www.youtube.com/user/Socialnomics09 © Copyright 2010 Dow Jones and Company |
  • 9. Misconceptions about Social Media 1. Build it and they will come 2. Using Social Media to broadcast, not to LISTEN 3. It’s FREE!!! 4. You have to react to each negative comment 5. No plan or objective 6. Tracking the wrong stuff Source: The 7 Misconceptions of Social Media, Mike Lewis © Copyright 2010 Dow Jones and Company |
  • 10. Don’t Panic! 90-9-1 Principle: The Inequality of the Web Source: Jakob Nielsen - Participation Inequality: Encouraging More Users to Contribute © Copyright 2010 Dow Jones and Company |
  • 11. Social Media & Public Relations: Managing the Uncontrollable  Welcome to Dow Jones  Making sense of Social Media in Communications  Knowing when you should be alarmed and how that will affect your business  Social or not – It’s Media Relations  Managing effective Lars Voedisch communications Regional Head – Media Intelligence, APAC  Leveraging upcoming Dow Jones and Company trends and opportunities lars.voedisch@dowjones.com @larsv © Copyright 2010 Dow Jones and Company |
  • 12. The majority of all crises comes from within an organization. © Copyright 2010 Dow Jones and Company |
  • 13. Nestlé's social media crisis Nestlé unwillingly put public attention to Greenpeace's video campaign © Copyright 2010 Dow Jones and Company |
  • 14. Activists change their Facebook profile photos to anti-Nestlé slogans and start posting to the Nestlé fan page Nestlé unwillingly put public attention to Greenpeace's video campaign © Copyright 2010 Dow Jones and Company |
  • 15. Activists Nestlé: “To repeat: we Nestlé: “To repeat: we change their welcome your welcome your Facebook comments, but please comments, but please profile don't post using an don't post using an photos to altered version of any altered version of any anti-Nestlé of our logos as your of our logos as your slogans and profile pic--they will be profile pic--they will be start posting deleted” deleted” to the Nestlé fan page Nestlé unwillingly put public attention to Greenpeace's video campaign © Copyright 2010 Dow Jones and Company |
  • 16. Activists Nestlé: “To repeat: we Nestlé: “To repeat: we change their welcome your welcome your Facebook comments, but please comments, but please profile don't post using an Now it don't went using an all post Now iteven wentworse with all photos to altered version of with even version of any altered worse any kinds of criticism, allegations kindsof our logos as your of criticism, allegations anti-Nestlé of our logos as your and simple insults being and simple insults being be profile pic--they will slogans and postedprofilebottledwater be pic--they will posted(e.g. bottled water (e.g. deleted” start posting deleted” dispute in the US, “killing dispute in the US, “killing to the Nestlé babies”…) fan page babies”…) Nestlé unwillingly put public attention to Greenpeace's video campaign © Copyright 2010 Dow Jones and Company |
  • 17. Activists Nestlé: “To repeat: we Nestlé: “To repeat: we change their welcome your welcome your Facebook comments, but please comments, but please profile don't post using an post Key learnings: Now it don't went using an all Now iteven wentworse with all photos to altered version of with even version of any altered worse any kinds of criticism, allegations kindsof our logos as your of criticism, allegations anti-Nestlé of our logos as your and simple insults being and simple insults Control? Don't use being profile pic--they will be slogans and profile pic--they will be posted (e.g. bottledlawyers to take posted (e.g. bottledwater deleted” water start posting deleted” “killing dispute in the US, “killing off the dispute in the US, things to the Nestlé babies”…) fan page babies”…) Nestlé Internet unwillingly it, Admit it, stop put public and apologize attention to Customers Greenpeace's are criticizing you video telling you something very campaign valuable © Copyright 2010 Dow Jones and Company |
  • 18. Case: Nestlé's social media mistake and recovery Nestlé: “To repeat: we Nestlé: “To repeat: we Activists Now it even went worse with all your Now it even went worse welcome your with all Key learnings: welcome change their kinds of criticism, allegations kinds of criticism, allegations comments, but please comments, but please Facebook and simple insults beingdon't post using an and simple insults beingdon't post using an profile posted (e.g. bottled water Don't version of any posted (e.g. bottled wateraltered use yourof any altered version photos to dispute in the US, “killing lawyers to take dispute in the US, “killing our logos as your of our logos as your of anti-Nestlé babies”…) babies”…) things off the profile pic--they will be profile pic--they will be slogans and Internet deleted” deleted” start postingWhat are the to the Nestlé What are the Nestlé Admit it, stop it, Rules of Engagement? Rules of Engagement? fan page unwillingly and apologize put public A crisis response protocol? A crisis response protocol? Customers attention to criticizing you are How fast can you react? How fast can youGreenpeace's react? telling you video something very valuable campaign © Copyright 2010 Dow Jones and Company |
  • 19. Social Media & Public Relations: Managing the Uncontrollable  Welcome to Dow Jones  Making sense of Social Media in Communications  Knowing when you should be alarmed and how that will affect your business  Social or not – It’s Media Relations  Managing effective Lars Voedisch communications Regional Head – Media Intelligence, APAC  Leveraging upcoming Dow Jones and Company trends and opportunities lars.voedisch@dowjones.com @larsv © Copyright 2010 Dow Jones and Company |
  • 20. Social or not – it’s Media Relations © Copyright 2010 Dow Jones and Company |
  • 21. Social Media Relations: Everything Changes!? Everything Nothing Changes Changes  From pitching to  It’s about engaging in “Naked relationships and Conversations” people  “There is no market  Not every negative for your message” comment means a  Command and crisis control, top down  You need to watch message delivery is your relevant space: no longer an option – monitor and analyze it’s about conversations  Look at trends over time © Copyright 2010 Dow Jones and Company |
  • 22. How do we stay relevant and lead strategic communications programs?  It’s not traditional vs. social media or old and new media – it’s all media relations.  Let’s not just jump on Twitter or Foursquare because it’s the hottest tool at THIS moment  Now everybody has a printing press Successful Social Media Communication is an ART: Successful Social Media Communication is an ART: --Authentic Authentic -Relevant -Relevant -Transparent -Transparent Source: Redefining Media Relations, Maureen O’Connell © Copyright 2010 Dow Jones and Company |
  • 23. Anecdote: Air NZ vs. Southwest Airlines Online Video Battle 1) Dave the rapping flight attendant – Southwest 2) Nothing to Hide / / Bare Nothing to Hide Bare Essentials Air New Essentials- -Air New Zealand Zealand 3) Air NZ challenging Southwest © Copyright 2010 Dow Jones and Company |
  • 24. Social Media & Public Relations: Managing the Uncontrollable  Welcome to Dow Jones  Making sense of Social Media in Communications  Knowing when you should be alarmed and how that will affect your business  Social or not – It’s Media Relations  Managing effective Lars Voedisch communications Regional Head – Media Intelligence, APAC  Leveraging upcoming Dow Jones and Company trends and opportunities lars.voedisch@dowjones.com @larsv © Copyright 2010 Dow Jones and Company |
  • 25. Integrated Communications Who ‘owns’ Social Media? Source: Blurring Lines, Turf Battles and Tweets: The Real Impact of Integrated Communications on Marketing and PR © Copyright 2010 Dow Jones and Company |
  • 26. Integrated Communications Who ‘owns’ Social Media? • The lines between PR and marketing are blurring. • “Turf battles” still evident. • Ownership of social media and blogging still undecided. • Benefits and communication measurement provides common ground. Source: Blurring Lines, Turf Battles and Tweets: The Real Impact of Integrated Communications on Marketing and PR © Copyright 2010 Dow Jones and Company |
  • 27. Indispensable? Translating PR results into the language of business • 60% of companies (PR Week) are measuring PR/ Communications at the request of senior management. – Better start before management asks for it • Using multiple metrics – Show the whole picture • Connect the dots between clip counts –trends in coverage and favourability • One key metric should be measuring relationships • Set your sights on the competition – show the context • Top executives only need a high-level summary of results “…From an executive’s viewpoint, it can be “…From an executive’s viewpoint, it can be interpreted as the difference between the PR interpreted as the difference between the PR team being busy and the PR team being team being busy and the PR team being indispensable. indispensable. Source: Dow Jones E-book: “Talk to me – 10 tips for translating the PR results into the language of business“. © Copyright 2010 Dow Jones and Company |
  • 28. Smart Goal Setting for your (Social) Media Strategy  Goals drive the type of measurements you are going to use  Outcomes, not Outputs  What’s your ultimate objective: 1. Awareness 2. Image / Reputation 3. Sales 4. Cost savings 5. Something else? Source: 25 Must Read Social Media Marketing Tips © Copyright 2010 Dow Jones and Company | 28
  • 29. Case Study: Social Media and Dow Jones © Copyright 2010 Dow Jones and Company | 29
  • 30. Smart Goal Setting for your (Social) Media Strategy  Goals drive the type of measurements you are going to use  Outcomes, not Outputs  What’s your ultimate objective: 1. Awareness 2. Image / Reputation 3. Sales 4. Cost savings 5. Something else? Source: 25 Must Read Social Media Marketing Tips © Copyright 2010 Dow Jones and Company | 30
  • 31. Monitor Analyse Discover Engage Communications Objectives & Strategy Use smart tools along your workflow! Monitor Analyse Discover Engage research & issues, trends opportunities & & pinpoint promote & strategies for risks in time better the the buzz impact to act influential © Copyright 2010 Dow Jones and Company |
  • 32. Monitor Who’s Listening? Monitor and Track what’s relevant across media channels / sources! © Copyright 2010 Dow Jones and Company | 32
  • 33. Media Analysis: Stop confusing ROI with results, and measurement with counting  “Measurement is not counting. Or monitoring. It is not the number of followers, friends, rankings, or scores.  Measurement is a process that requires you to compare results against something — either with your competition or with your own results over time.  You note the change, analyze the reasons why, and improve your program accordingly.” KD Payne Source: Stop confusing ROI with results, and measurement with counting, KD Payne © Copyright 2010 Dow Jones and Company | 33
  • 34. Media Analysis: Stop confusing ROI with results, and measurement with counting  “Measurement is not counting. Or monitoring. It is not the number of followers, friends, rankings, or scores.  Measurement is a process that requires you to Show you’re busy – compare results against something — either with your competition or with your own results over time. or indispensable?  You note the change, analyze the reasons why, and improve your program accordingly.” KD Payne Source: Stop confusing ROI with results, and measurement with counting, KD Payne © Copyright 2010 Dow Jones and Company | 34
  • 35. Analyse What’s going on? Who are they talking about? When is it happening? What is the chatter about? © Copyright 2010 Dow Jones and Company | 35
  • 36. Analyse What’s going on? How bad (good) is it? Where is the conversation How does the story happening? play out in traditional ONLINE! and social media? 36 © Copyright 2010 Dow Jones and Company |
  • 37. Discover What’s coming? What’s the context? iPhone “This is not about searching knowns, this is about uncovering unknowns and © Copyright 2010 Dow Jones and Company understanding the context.” | 37
  • 38. Engage Engage and understand the influencers For most industries, Print is still king! What they’re writing about… …and how to contact them Link content (news, posts) with the creators (journalists, bloggers) Quickly access everything you need to make decisions and contact the right influencers © Copy right 2010 Dow Jones and Company | 38
  • 39. Content Creation: Leveraging resources through streamlining of internal processes Editorial Editorial Workbench can Workbench can RSS Feeds consume aawide consume wide variety of variety of sources sources (including (including Factiva, your Email Newsletters Factiva, your internal articles, internal articles, and external and external RSS) to allow RSS) to allow editors to hand editors to hand pick content, add pick content, add commentary, and commentary, and publish tailored publish tailored Custom Portlets/Webparts news summaries news summaries & Custom XML output to multiple to multiple Mobile-formatted audiences via audiences via “…provides the ability to sort the knowledge sort the knowledge text multiple multiple “…provides the ability to channels. gold from the information noise” --Caterpillar gold from the information noise” Caterpillar channels. © Copyright 2010 Dow Jones and Company |
  • 40. Social Media & Public Relations: Managing the Uncontrollable  Welcome to Dow Jones  Making sense of Social Media in Communications  Knowing when you should be alarmed and how that will affect your business  Social or not – It’s Media Relations  Managing effective Lars Voedisch communications Regional Head – Media Intelligence, APAC  Leveraging upcoming Dow Jones and Company trends and opportunities lars.voedisch@dowjones.com @larsv © Copyright 2010 Dow Jones and Company |
  • 41. Outlook: The Future Of The Social Web  Social media IS mainstream  Going mobile  Less trial-and-error and more strategy  It’s all about content  One size doesn’t fit all  There will be more - Noise! - Devices / Tools / Networks Sources: Forrester, Web Profits, Read Wide Web © Copyright 2010 Dow Jones and Company |
  • 42. Must-Dos for Comms Professionals in 2010: You can’t outsource your strategy  Agree and align your communications objectives - Awareness - Image / Reputation - Sales - Cost savings - Something else?  Track / Measure your success  Build expertise and capacity (staff & tools): Social media is neither cost-free nor will it fix it all.  Think about relevance: Become a Content Creator  Define your Rules of Engagement  Bring Social Media Inside © Copyright 2010 Dow Jones and Company | 42
  • 43. Summary: Social Media Tips for PR Professionals  Keep on top of social media trends  Familiarize yourself with the latest web tools for your social media management success  Follow best social media practices in your industry sector  Identify and engage relevant digital influencers Source: Social Media Tips for PR Professionals, Daniel Young © Copyright 2010 Dow Jones and Company | 43
  • 44. Summary: Social or not – It’s Media Relations Social Media Tips for PR Professionals  Keep on top of social media trends  Familiarize yourself with the latest web tools for your social media management success  Follow best social media practices in your industry sector  Identify and engage relevant digital influencers Important rules in media Important rules in media relations remain the same relations remain the same Source: Social Media Tips for PR Professionals, Daniel Young © Copyright 2010 Dow Jones and Company | 44
  • 45. Monitor Analyze Discover Engage Dow Jones services for Public Relations & Corporate Communications Monitor Analyze Discover Engage research & issues, trends opportunities & & pinpoint promote & strategies for risks in time better the the buzz impact to act influential © Copyright 2010 Dow Jones and Company |
  • 46. Anecdote: Air NZ vs. Southwest Airlines Online Video Battle 1) Dave the rapping flight attendant – Southwest 2) Nothing to Hide / Bare Essentials - Air New Zealand 3) Air NZ challenging Air NZ challenging Southwest Southwest 4) Southwest’s response © Copyright 2010 Dow Jones and Company |
  • 47. Questions? Thank you. Lars Voedisch Regional Head – Media Intelligence, APAC Dow Jones and Company lars.voedisch@dowjones.com @larsv © Copyright 2010 Dow Jones and Company |