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Doing Business in
                 the Social Media Age
                     Strategies & Drivers for New Customer Brand




                                             Creating Demand by Sachin Bansal
                                                   sachin@sachinbansal.com
Sunday 5 June 2011
About me
                     I can amplify your customer voices and make your reputation measure
                                          up to growth and profitability.



                                              •    I work together with clients to answer such
                                                   key strategic questions as:

                                              •    How could you get closer to your
                                                   customers?

                                              •    How could you build brand awareness and
                                                   increase market share?

                                              •    How should you position a new product or
                                                   offering for the greatest market success?

                                              •    What do your customers really want?”

                                                         My aim:
                                                  Delivering Excellence,
                                                    Engaging People

Sunday 5 June 2011
TWO basic Qs

                     •   WHAT IS ACTUALLY
                         HAPPENING OUT THERE?
                     •   AND WHERE DOES THIS ALL
                         LEAD?



                                Start conversing right away!
Sunday 5 June 2011
Be ready to accept
                         behavior change

                     • - Accept a New Behavior
                       - Reject a Potential Behavior
                       - Modify a Current Behavior
                       - Abandon an Old Behavior




                                                       www.sachinbansal.com
Sunday 5 June 2011
Analytical Thoughts
                         to increase the conversion rate and get high ROI on your campaign




                •    Proof of the Return for the Investment

                •    Review the basics of setting up

                •    "Best Practices" to follow and how to measure success.

                •    Better understand, engage, and target social media users

                •    Understand social media payback in the context of the
                     overall online marketing mix

                •    Appropriately attribute credit to social media channels and
                     campaigns

                •    Use social media analytics to continually refine and improve
                     initiatives


                                                                                             www.sachinbansal.com
Sunday 5 June 2011
The Social Business...
                     to become requires many skills

              – Know the VISITOR

             – Segregate the AUDIENCE

             – Optimize and extend REACH

             – Measure with ANALYTICS


Sunday 5 June 2011
SWOT Analysis
                         Understand social media payback in the context of the overall
                                            online marketing mix



                     •    How does this further our business goals/market segments?

                     •    Does our target audience (or existing customer base) use this channel?

                     •    Do our customers want us to communicate this way?

                     •    Do we have the internal capacity to fill this channel with content?

                     •    How will we create funds for this new new channel?

                     •    What call‐to‐action will you use?

                     •    Who will be your social voice?

                     •    Where will your content come from?

                     •    How will you measure your success?

                     •    What new marketing opportunities are you looking for?


Sunday 5 June 2011
New Paradigms of Social
                                Commerce


                     •   Key factors driving social commerce is
                         purchase behavior.

                     •   Access to purchase behavior on social
                         networks, a shift in power of consumers
                         vs merchants and payment systems
                         becoming more social is the paradigm
                         shift from traditional way.




Sunday 5 June 2011
How Social Media Changes the Way
                     Marketers Must Think About Consumer
                                   Influence



                     Marketers have long focused PR efforts on key influencers in
                     traditional media and marketing efforts on everyone else. But
                     social media has brought about a new category of Influencer:

               The Mass Influencer combines the influence of old media with the
               scale of consumer audiences.

               Fitment into the Peer Influence Pyramid

               Influencing with Social Broadcasters and Potential leads




Sunday 5 June 2011
Why Brands Should Use
                 Social Media To Engage Early

                     There is a fundamental shift taking place
                     from brands pushing messages in one
                     direction to a two way engagement with
                     their customers.

               Businesses are realizing that engaging with
               their customer has a impact on their bottom
               line.



Sunday 5 June 2011
Tapping into the Power of
                     Employees Through Social
                               Media


               Organizations should tap into the collective
               power of their employees through social
               media to perform functions ranging from
               customer service to product innovation. This
               will channelize employer branding and
               employee engagement.




Sunday 5 June 2011
Social Network Analysis:
                        Metrics for Social Media


                     Social media is rapidly becoming a critical mechanism to
                     influence and drive key business objectives.

               Marketing depts. are investing heavily in social media, but
               measuring the return from those investments remains elusive.

               Strategies should be in place to measure the effectiveness of your
               social media marketing by analyzing data and user engagement,
               and more.




Sunday 5 June 2011
Overcoming Objections To
                               Social Media


               Is selling social media within your company a challenge? Below are
               early methods to bring the community on a social platform and
               start listening....

                     •   Internal Communications

                     •   Employee Engagement

                     •   Peer Bonding

                     •   Moderation

                     •   Rewards & Recognition




Sunday 5 June 2011
“I can” Help you Create Demand



                My goal is to help people grow their capabilities &
                help in strengthening your brand.

                I develop and implement brand review process to
                ensure alignment across all areas of the
                organization on Brand Standards and Expression…

                            Creating Demand by Sachin Bansal
                                  sachin@sachinbansal.com
                                   www.sachinbansal.com



Sunday 5 June 2011

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Social Media Drivers Impact

  • 1. Doing Business in the Social Media Age Strategies & Drivers for New Customer Brand Creating Demand by Sachin Bansal sachin@sachinbansal.com Sunday 5 June 2011
  • 2. About me I can amplify your customer voices and make your reputation measure up to growth and profitability. • I work together with clients to answer such key strategic questions as: • How could you get closer to your customers? • How could you build brand awareness and increase market share? • How should you position a new product or offering for the greatest market success? • What do your customers really want?” My aim: Delivering Excellence, Engaging People Sunday 5 June 2011
  • 3. TWO basic Qs • WHAT IS ACTUALLY HAPPENING OUT THERE? • AND WHERE DOES THIS ALL LEAD? Start conversing right away! Sunday 5 June 2011
  • 4. Be ready to accept behavior change • - Accept a New Behavior - Reject a Potential Behavior - Modify a Current Behavior - Abandon an Old Behavior www.sachinbansal.com Sunday 5 June 2011
  • 5. Analytical Thoughts to increase the conversion rate and get high ROI on your campaign • Proof of the Return for the Investment • Review the basics of setting up • "Best Practices" to follow and how to measure success. • Better understand, engage, and target social media users • Understand social media payback in the context of the overall online marketing mix • Appropriately attribute credit to social media channels and campaigns • Use social media analytics to continually refine and improve initiatives www.sachinbansal.com Sunday 5 June 2011
  • 6. The Social Business... to become requires many skills – Know the VISITOR – Segregate the AUDIENCE – Optimize and extend REACH – Measure with ANALYTICS Sunday 5 June 2011
  • 7. SWOT Analysis Understand social media payback in the context of the overall online marketing mix • How does this further our business goals/market segments? • Does our target audience (or existing customer base) use this channel? • Do our customers want us to communicate this way? • Do we have the internal capacity to fill this channel with content? • How will we create funds for this new new channel? • What call‐to‐action will you use? • Who will be your social voice? • Where will your content come from? • How will you measure your success? • What new marketing opportunities are you looking for? Sunday 5 June 2011
  • 8. New Paradigms of Social Commerce • Key factors driving social commerce is purchase behavior. • Access to purchase behavior on social networks, a shift in power of consumers vs merchants and payment systems becoming more social is the paradigm shift from traditional way. Sunday 5 June 2011
  • 9. How Social Media Changes the Way Marketers Must Think About Consumer Influence Marketers have long focused PR efforts on key influencers in traditional media and marketing efforts on everyone else. But social media has brought about a new category of Influencer: The Mass Influencer combines the influence of old media with the scale of consumer audiences. Fitment into the Peer Influence Pyramid Influencing with Social Broadcasters and Potential leads Sunday 5 June 2011
  • 10. Why Brands Should Use Social Media To Engage Early There is a fundamental shift taking place from brands pushing messages in one direction to a two way engagement with their customers. Businesses are realizing that engaging with their customer has a impact on their bottom line. Sunday 5 June 2011
  • 11. Tapping into the Power of Employees Through Social Media Organizations should tap into the collective power of their employees through social media to perform functions ranging from customer service to product innovation. This will channelize employer branding and employee engagement. Sunday 5 June 2011
  • 12. Social Network Analysis: Metrics for Social Media Social media is rapidly becoming a critical mechanism to influence and drive key business objectives. Marketing depts. are investing heavily in social media, but measuring the return from those investments remains elusive. Strategies should be in place to measure the effectiveness of your social media marketing by analyzing data and user engagement, and more. Sunday 5 June 2011
  • 13. Overcoming Objections To Social Media Is selling social media within your company a challenge? Below are early methods to bring the community on a social platform and start listening.... • Internal Communications • Employee Engagement • Peer Bonding • Moderation • Rewards & Recognition Sunday 5 June 2011
  • 14. “I can” Help you Create Demand My goal is to help people grow their capabilities & help in strengthening your brand. I develop and implement brand review process to ensure alignment across all areas of the organization on Brand Standards and Expression… Creating Demand by Sachin Bansal sachin@sachinbansal.com www.sachinbansal.com Sunday 5 June 2011