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WEB INTELLIGENCE FOR SMALL AND
MEDIUM ENTERPRISES
Social Media Marketing Tools and techniques for
Small and Medium Enterprises



Udine, February 28th, 2011




                                              1
TRADITIONAL MARKETING vs SOCIAL MEDIA MARKETING

                      TRADITIONAL MARKETING
                         One dimensionale
                       One-way communication
                          Marketing plans
                             High costs
                           Low efficiency

   Small and Medium Business should turn to SOCIAL MEDIA MARKETING
                               Interaction
                        Two-way communication
                                Low Costs
                             High Efficiency
                            High Innovation

                                                                     2
WHY AND HOW SHOULD WE CONSIDER
SOCIAL MEDIA MARKETING AND WORD
      OF MOUTH MARKETING?




                                  3
SOCIAL MEDIA REVOLUTION
http://www.youtube.com/watch?v=sIFYPQjYhv8




                                             4
5
WHY? EVOLUTION OF TECHNOLOGIES
 Change the way people use Web…
 …from getting information to sharing information




                                                    6
WHY? MAIN FEATURES OF WEB 2.0 SITES


• User Generated Content (UGC), tools for publishing and sharing contents
• Hands-on, collaboration, bidirectional communication
• Easily accessible (even for aged users)
• Social networks, community, passions, products (es Nutella),…
• Folksonomy, tagging, users organize contents
• Mass collaboration, mass-intelligence, co-creation of products
• Content remixing, mashup, aggregator
• Web as a platform, services oriented facilities (Google docs, LinkedIn,
  Doodle, Cnn iReport,…)
• …


                                                                            7
WHY? DIMENSION OF THE SOCIAL PHENOMENON



      HOW MANY PEOPLE USE SOCIAL MEDIA?
             WHAT DO THEY DO?




                                          8
9
WHY? NOT ONLY TEENS…




http://blog.nielsen.com/nielsenwire/nielsen-news/social-networking-new-global-footprint/   10
WHY? BLOGGERS WORLWIDE

       Demographic Data         USA Bloggers European   Asian
                                             Bloggers   Bloggers
       Gender Male              57%         73%         73%
       Age
         18-34                  42%         48%         73%
         35+                    58%         52%         27%
       Single                   26%         31%         57%
       Full-time employee       56%         53%         45%
       Income > $ 75,000        51%         34%         9%
       Education: High School   74%         67%         69%
       Monthly average of       18.000      24.000      26.000
       unique visitors



                                                                   11
12
http://blogs.forrester.com/groundswell/2009/08/social-technology-growth-marches-on-in-2009-led-by-social-network-sites.html#
                                                                                                                               13
WHY? THE SOCIAL INFLUENCE

Users online get organized in communities and talk about their life,
product they use, brands they love (37% of bloggers write reviews
about products and brands, 41% of bloggers write about brand they
like/dislike)

Every company has a web site providing controlled istitutional
information.

Istitutional Web site is surrounded by online conversation about the
company/brand/products (non-controlled word of mouth)


  THE SOCIAL INFLUENCE IS IMPORTANT BECAUSE USERS TRUST IN
                OTHER CONSUMERS’ EXPERIENCES


                                                                       14
WHY? THE CLUETRAIN MANIFESTO
The manifesto was written in 1999 by Rick Levine, Christopher Locke, Doc Searls, and David Weinberger. A printed publication which
elaborated on the manifesto was published in 2000 by Perseus Books (ISBN 0-7382-0431-5) under the same name.




             The Cluetrain Manifesto is a set of 95 theses.

             The ideas put forward within the manifesto aim to examine the
             impact of the Internet on both markets (consumers) and
             organizations.

             In addition, as both consumers and organizations are able to
             utilize the Internet and Intranets to establish a previously
             unavailable level of communication both within and between
             these two groups, the manifesto suggests that the changes that
             will be required from organizations as they respond to the new
             marketplace environment.


                                                                                                                                15
WHY? THE CLUETRAIN MANIFESTO (SYNTHESIS)
•   Historically, the authors state, the marketplace was a location where people
    gathered and talked to each other: they would discuss available products, price,
    reputation and in doing so connect with others. Internet is providing a means for
    anyone connected to the internet to re-enter such a virtual marketplace and once
    again achieve such a level of communication between people. This, prior to the
    internet, had not been available in the age of mass media.
•   The ability of the internet to link to additional information – information which
    might exist beyond the formal hierarchy of organizational structure or published
    material from such an organization – acts as a means of subverting, or bypassing,
    formal hierarchies.
•   The same technology connecting people into markets outside of organizations, is also
    connecting employees within organizations. These networks create a more informed
    marketplace/consumer through the conversations being held. The information
    available in the marketplace is superior to that available from the organizations
    themselves.
•   The authors, through the remaining theses, then examine the impact that these
    changes will have on organizations and how, in turn, organizations will need to
    respond to the changing marketplace to remain viable.
                                                                                    16
WHY? THE CLUETRAIN MANIFESTO (SYNTHESIS)

•   With the emergence of the virtual marketplace, the authors indicate that the onus will
    be on organizations to enter the marketplace conversation and do so in a way that
    connects with the ‘voice’ of the new marketplace or risk becoming irrelevant.

•   The authors then list a number of theses that deal with the approach that they believe
    organizations will need to adapt if they are to successfully enter the new marketplace
    as it is claimed that those within the new marketplace will no longer respond to the
    previously issued mass-media communications as such communication is not
    ‘authentic’.

•   When implemented correctly, intranets re-establish real communication amongst
    employees in parallel with the impact of the internet to the marketplace and this will
    lead to a 'hyperlinked' organizational structure within the organization which will take
    the place of (or be utilized in place of) the formally documented organization chart.




                                                                                        17
WHY? THE CLUETRAIN MANIFESTO (SYNTHESIS)
•   The ideal, according to the manifesto, is for the networked marketplace to be connected
    to the networked intranet so that full communication can exist between those within
    the marketplace and those within the company itself. Achieving this level of
    communication is hindered by the imposition of ‘command and control’ structures but,
    ultimately, organizations will need to allow this level of communication to exist as the
    new marketplace will no longer respond to the mass-media ‘voice’ of the organization.

          Paranoia kills conversation. That's its point. But lack
                of open conversation kills companies.




                                                                                       18
HOW? WORD OF MOUTH MARKETING*
   •      It is a new philosophy of business.
   •      It is about honesty and admiration.
   •      It is about making people happy.

   There is only a rule:


   EARN THE RESPECT AND RECOMMENDATION OF YOUR CUSTOMERS;
   AND THEY WILL DO THE REST.

   • TREAT PEOPLE WELL; THEY WILL DO YOUR MARKETING FOR YOU,
     FOR FREE.
   • BE INTERESTING, OR BE INVISIBLE.



Source: A. Sernovitz, “Word of Mouth Marketing – how smart companies get people talking”, Kaplan Publishing   19
HOW? WORD OF MOUTH MARKETING*


         WORD OF MOUTH MARKETING IT’S ABOUT
         MAKING YOUR STUFF AND YOUR COMPANY
                WORTH TALKING ABOUT.


     People are already talking about you, and people are waiting for you to join
               the conversation. learn the right way to participate!




Source: A. Sernovitz, “Word of Mouth Marketing – how smart companies get people talking”, Kaplan Publishing   20
HOW? WORD OF MOUTH MARKETING*

  TRADITIONAL MARKETING
  4 P’s (Product, Price, Place, Promotion): these elements are the basic, tactical
  components of a marketing plan.

  WORD OF MOUTH MARKETING
                                                                             TALKERS



                                                TRACKING                                                  TOPICS

                                                                             5 T’s

                                                             TAKING
                                                                                                TOOLS
                                                              PART
Source: A. Sernovitz, “Word of Mouth Marketing – how smart companies get people talking”, Kaplan Publishing        21
http://www.youtube.com/user/Blendtec




                                       22
HOW? T-Mobile
     http://www.youtube.com/watch?v=VQ3d3KigPQM




                                                  23
HOW? T-Mobile
http://www.youtube.com/watch?v=orukqxeWmM0




                                             24
25
HOW? WORD OF MOUTH MARKETING – WHY TRACKING?
   BRAND        Analyse the perception of brands


  PRODUCT       Find out opinions about products



 COMPETITOR     Benchmark the competition


WORD OF MOUTH   Act on Word of Mouth Marketing
 MARKETING



  INFLUENCE     Identify influencers or evangelists
                                                      26
HOW? WORD OF MOUTH MARKETING – WHY TRACKING?


Tracking Web and CGM
   • Competitors
   • New Technologies
   • Intellectual Property

   •   Confidenatial information
   •   Specific community (Apple insider)
   •   New competitors
   •   Etc.


                                               27
HOW? TRACKING BY infoFACTORY
                                                                 BEST
     SEARCH   FILTER       EXTRACT    ANALIZE     REPORT                  ACTION
                                                               PRACTICE




  WHERE?          WHEN?                 WHAT?                 HOW?           WHO?


PLACES         MEDIA                 TOPICS                GENERAL        KIND OF
               PRESSURE                                    SENTIMENT      USER
TYPOLOGY                             VALUES
               EVENTS                                      SENTIMENT      SENTIMENT
SENTIMENT                            CRITICAL              ABOUT
               EVOLUTION             SITUATIONS            TOPIC/         INFLUENCER
IMPORTANCE     OF TOPICS                                   PARAMETER
                                     KIND OF                              EVANGELIST
               CYCLICITY             OPINIONS
                                                                          DENIGRATOR




                                                                                    28
THANK YOU FOR ATTENTION PAID




                               29

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Web Intelligence For Small and Medium Enterprises

  • 1. WEB INTELLIGENCE FOR SMALL AND MEDIUM ENTERPRISES Social Media Marketing Tools and techniques for Small and Medium Enterprises Udine, February 28th, 2011 1
  • 2. TRADITIONAL MARKETING vs SOCIAL MEDIA MARKETING TRADITIONAL MARKETING One dimensionale One-way communication Marketing plans High costs Low efficiency Small and Medium Business should turn to SOCIAL MEDIA MARKETING Interaction Two-way communication Low Costs High Efficiency High Innovation 2
  • 3. WHY AND HOW SHOULD WE CONSIDER SOCIAL MEDIA MARKETING AND WORD OF MOUTH MARKETING? 3
  • 5. 5
  • 6. WHY? EVOLUTION OF TECHNOLOGIES Change the way people use Web… …from getting information to sharing information 6
  • 7. WHY? MAIN FEATURES OF WEB 2.0 SITES • User Generated Content (UGC), tools for publishing and sharing contents • Hands-on, collaboration, bidirectional communication • Easily accessible (even for aged users) • Social networks, community, passions, products (es Nutella),… • Folksonomy, tagging, users organize contents • Mass collaboration, mass-intelligence, co-creation of products • Content remixing, mashup, aggregator • Web as a platform, services oriented facilities (Google docs, LinkedIn, Doodle, Cnn iReport,…) • … 7
  • 8. WHY? DIMENSION OF THE SOCIAL PHENOMENON HOW MANY PEOPLE USE SOCIAL MEDIA? WHAT DO THEY DO? 8
  • 9. 9
  • 10. WHY? NOT ONLY TEENS… http://blog.nielsen.com/nielsenwire/nielsen-news/social-networking-new-global-footprint/ 10
  • 11. WHY? BLOGGERS WORLWIDE Demographic Data USA Bloggers European Asian Bloggers Bloggers Gender Male 57% 73% 73% Age 18-34 42% 48% 73% 35+ 58% 52% 27% Single 26% 31% 57% Full-time employee 56% 53% 45% Income > $ 75,000 51% 34% 9% Education: High School 74% 67% 69% Monthly average of 18.000 24.000 26.000 unique visitors 11
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  • 14. WHY? THE SOCIAL INFLUENCE Users online get organized in communities and talk about their life, product they use, brands they love (37% of bloggers write reviews about products and brands, 41% of bloggers write about brand they like/dislike) Every company has a web site providing controlled istitutional information. Istitutional Web site is surrounded by online conversation about the company/brand/products (non-controlled word of mouth) THE SOCIAL INFLUENCE IS IMPORTANT BECAUSE USERS TRUST IN OTHER CONSUMERS’ EXPERIENCES 14
  • 15. WHY? THE CLUETRAIN MANIFESTO The manifesto was written in 1999 by Rick Levine, Christopher Locke, Doc Searls, and David Weinberger. A printed publication which elaborated on the manifesto was published in 2000 by Perseus Books (ISBN 0-7382-0431-5) under the same name. The Cluetrain Manifesto is a set of 95 theses. The ideas put forward within the manifesto aim to examine the impact of the Internet on both markets (consumers) and organizations. In addition, as both consumers and organizations are able to utilize the Internet and Intranets to establish a previously unavailable level of communication both within and between these two groups, the manifesto suggests that the changes that will be required from organizations as they respond to the new marketplace environment. 15
  • 16. WHY? THE CLUETRAIN MANIFESTO (SYNTHESIS) • Historically, the authors state, the marketplace was a location where people gathered and talked to each other: they would discuss available products, price, reputation and in doing so connect with others. Internet is providing a means for anyone connected to the internet to re-enter such a virtual marketplace and once again achieve such a level of communication between people. This, prior to the internet, had not been available in the age of mass media. • The ability of the internet to link to additional information – information which might exist beyond the formal hierarchy of organizational structure or published material from such an organization – acts as a means of subverting, or bypassing, formal hierarchies. • The same technology connecting people into markets outside of organizations, is also connecting employees within organizations. These networks create a more informed marketplace/consumer through the conversations being held. The information available in the marketplace is superior to that available from the organizations themselves. • The authors, through the remaining theses, then examine the impact that these changes will have on organizations and how, in turn, organizations will need to respond to the changing marketplace to remain viable. 16
  • 17. WHY? THE CLUETRAIN MANIFESTO (SYNTHESIS) • With the emergence of the virtual marketplace, the authors indicate that the onus will be on organizations to enter the marketplace conversation and do so in a way that connects with the ‘voice’ of the new marketplace or risk becoming irrelevant. • The authors then list a number of theses that deal with the approach that they believe organizations will need to adapt if they are to successfully enter the new marketplace as it is claimed that those within the new marketplace will no longer respond to the previously issued mass-media communications as such communication is not ‘authentic’. • When implemented correctly, intranets re-establish real communication amongst employees in parallel with the impact of the internet to the marketplace and this will lead to a 'hyperlinked' organizational structure within the organization which will take the place of (or be utilized in place of) the formally documented organization chart. 17
  • 18. WHY? THE CLUETRAIN MANIFESTO (SYNTHESIS) • The ideal, according to the manifesto, is for the networked marketplace to be connected to the networked intranet so that full communication can exist between those within the marketplace and those within the company itself. Achieving this level of communication is hindered by the imposition of ‘command and control’ structures but, ultimately, organizations will need to allow this level of communication to exist as the new marketplace will no longer respond to the mass-media ‘voice’ of the organization. Paranoia kills conversation. That's its point. But lack of open conversation kills companies. 18
  • 19. HOW? WORD OF MOUTH MARKETING* • It is a new philosophy of business. • It is about honesty and admiration. • It is about making people happy. There is only a rule: EARN THE RESPECT AND RECOMMENDATION OF YOUR CUSTOMERS; AND THEY WILL DO THE REST. • TREAT PEOPLE WELL; THEY WILL DO YOUR MARKETING FOR YOU, FOR FREE. • BE INTERESTING, OR BE INVISIBLE. Source: A. Sernovitz, “Word of Mouth Marketing – how smart companies get people talking”, Kaplan Publishing 19
  • 20. HOW? WORD OF MOUTH MARKETING* WORD OF MOUTH MARKETING IT’S ABOUT MAKING YOUR STUFF AND YOUR COMPANY WORTH TALKING ABOUT. People are already talking about you, and people are waiting for you to join the conversation. learn the right way to participate! Source: A. Sernovitz, “Word of Mouth Marketing – how smart companies get people talking”, Kaplan Publishing 20
  • 21. HOW? WORD OF MOUTH MARKETING* TRADITIONAL MARKETING 4 P’s (Product, Price, Place, Promotion): these elements are the basic, tactical components of a marketing plan. WORD OF MOUTH MARKETING TALKERS TRACKING TOPICS 5 T’s TAKING TOOLS PART Source: A. Sernovitz, “Word of Mouth Marketing – how smart companies get people talking”, Kaplan Publishing 21
  • 23. HOW? T-Mobile http://www.youtube.com/watch?v=VQ3d3KigPQM 23
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  • 26. HOW? WORD OF MOUTH MARKETING – WHY TRACKING? BRAND Analyse the perception of brands PRODUCT Find out opinions about products COMPETITOR Benchmark the competition WORD OF MOUTH Act on Word of Mouth Marketing MARKETING INFLUENCE Identify influencers or evangelists 26
  • 27. HOW? WORD OF MOUTH MARKETING – WHY TRACKING? Tracking Web and CGM • Competitors • New Technologies • Intellectual Property • Confidenatial information • Specific community (Apple insider) • New competitors • Etc. 27
  • 28. HOW? TRACKING BY infoFACTORY BEST SEARCH FILTER EXTRACT ANALIZE REPORT ACTION PRACTICE WHERE? WHEN? WHAT? HOW? WHO? PLACES MEDIA TOPICS GENERAL KIND OF PRESSURE SENTIMENT USER TYPOLOGY VALUES EVENTS SENTIMENT SENTIMENT SENTIMENT CRITICAL ABOUT EVOLUTION SITUATIONS TOPIC/ INFLUENCER IMPORTANCE OF TOPICS PARAMETER KIND OF EVANGELIST CYCLICITY OPINIONS DENIGRATOR 28
  • 29. THANK YOU FOR ATTENTION PAID 29