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Why social media matters to business
Ivan Hernandez
Strategic Development Advisor / Grey Group
the world has changed
350
million
Joe Payne, CEO of Eloqua
$1,000,000
from mass
communications
      to
  masses of
communicators
from prime time
      to
   real time
we are connected at
  a level we have
 never been before
Word of “mouse”
Opportunity
Houston, we have a problem!
Houston, we have a problem!




                Photo by Euclid vanderKroew
Social media is not about media
it is not about technologies
Social media is about social
it is about relationships
“Social media is the shift from a
broadcast mechanism, one-to-many, to
a many-to-many model, rooted in
conversations between authors, people
and peers.”
Brian Solis, Altimeter Group
Social media is about social
Participating in social media …
… becoming a social business
Source: David Armano
“In order to see true business results,
the social brand initiatives and social
business planning need to be aligned.
This requires a shift in thinking
because aligning external and internal
initiatives is not quite the norm for
business today.”
Michael Brito, Edelman Digital
Participating in social media = social brand
Remarkable content
Interesting
Educates
Consistent
Entertaining




               Photo by Perrenque
“Social media at its core is about
making whatever is you are doing
as shareable and findable as
possible. That is what makes it
social.”
Mitch Joel, Twist Image
social media
  strategy
Mobile phone strategy?
Email strategy?
Business strategy
Clear business objectives
aware,      single   repeat,
nothing                                     advocates
          no action   action   enthusiast




                                               Source: Jay Baer
aware,       single   repeat,
nothing                                        advocates
            no action    action   enthusiast




 increase
                 increase sales       increase loyalty
awareness




                                                   Source: Jay Baer
aware,       single   repeat,
nothing                                        advocates
            no action    action   enthusiast




 increase
                 increase sales       increase loyalty
awareness




                                                   Source: Jay Baer
Becoming a social business
Source: David Armano
“The challenge is not how to get ’the
Company’ involved in social media,
but one-at-the-time how can you get
the people who are eager to do it to
engage.”
David Meerman Scott, Freshspot
Marketing LLC
Social Media Policy
Strong leadership
Trust and Confidence
Embracing “social” at all levels of the organization
Sales, PR, customer support, HR, business intelligence…
It is everybody’s job to “be social”
Social Brand (External) + Social Business (Internal)
Thank you!
Why social media matters to business
Ivan Hernandez
Strategic Development Advisor / Grey Group

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