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Social Networking and Media 2.0 Rahul Nambiar, IE Business School
Typical Marketer of the 90’s
It was about “Making Noises” Everywhere “and live in a hope that it will make the guyBUY”
Law of the land has changed – People Consume Media More and Differently
People are increasing spending their online time on social media “Internet Users spend 17% of the surfing time on social network and blogging sites, nearly triple the percentage of time spent on such sites a year ago”   Sept. 2009, Nielsen http://www.dmwmedia.com/news/2009/09/24/report:-time-spent-social-networks,-blogs-triples-past-year
Consumers are in complete control
So its time for the consumers to Shout
And Marketers to Listen
Yes, Listening is the key Because people are talking about your brand everywhere Because Brand is not the only person generating Content  The new consumer is empowered with powerful tools and So be their friend. Listen.
Brand needs to now be a friend By not controlling conversations Speaking the human voice by being in the human network
Because conversations are now powered by Source : http://francisanderson.files.wordpress.com/2008/11/social-media-waste-of-time.jpg
So, What do these “New” Consumers do to buy a ticket Spread Experience ,[object Object]
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Social Media Session 8 Iberia

  • 1. Social Networking and Media 2.0 Rahul Nambiar, IE Business School
  • 2. Typical Marketer of the 90’s
  • 3. It was about “Making Noises” Everywhere “and live in a hope that it will make the guyBUY”
  • 4. Law of the land has changed – People Consume Media More and Differently
  • 5. People are increasing spending their online time on social media “Internet Users spend 17% of the surfing time on social network and blogging sites, nearly triple the percentage of time spent on such sites a year ago” Sept. 2009, Nielsen http://www.dmwmedia.com/news/2009/09/24/report:-time-spent-social-networks,-blogs-triples-past-year
  • 6. Consumers are in complete control
  • 7. So its time for the consumers to Shout
  • 9. Yes, Listening is the key Because people are talking about your brand everywhere Because Brand is not the only person generating Content The new consumer is empowered with powerful tools and So be their friend. Listen.
  • 10. Brand needs to now be a friend By not controlling conversations Speaking the human voice by being in the human network
  • 11. Because conversations are now powered by Source : http://francisanderson.files.wordpress.com/2008/11/social-media-waste-of-time.jpg
  • 12.
  • 24.
  • 25. Customer Service is more and more direct to consumer
  • 27. Engaging with Customers to generate your brand content is the key
  • 28. Zappos is leading the social media way Using Twitter to promote the brand with over 1 Million followers and 400 employees active Over $1 billion sales with increasing product categories Marketing Outsourced to Customers
  • 29. But why do it at all 91% of the customer reviews are the #1 aid to buying – JC Williams Group 87% of people trust friend recommendation over critics review – Marketing Sherpa 1 word of mouth conversation has impact of 200 TV Ad spots – Buzz Agent
  • 30. And, Finally – How do you succeed in this Social Media clutter of conversation? Be Ready to Experiment Make a Plan, Build the Team & Get Buy in’s Keep Listening Across Social Media Platforms Be Transparent and Honest- Accepting Mistakes can be good Share more Content Go direct be personal Criticism is always an opportunity Be Proactive, and do not wait for a campaign
  • 31. Remember Be a Friend and Not Brand
  • 32. This was presented by : Rahul Nambiar Master in Digital Marketing, Class of 2010 IE Business School Thank You