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Connecting with the Customer Corporations  &  Social Networking By: Louise Ling, Sridhar Avuthu, Kay Nikookary
Introduction Social Capital & Social Networking defined Link between corporations and social media Social Media Segments 1 2 3 4 Legitimate reasons against social networks Solutions to mediate & succeed Examples of successful implementation Conclusion 1 2 3 4
Add text title IBM created an entire network . Lesson:  Having a CEO that blogs is great, but increase the number of blogs and you increase the number of connections. Leveraging your employees to write about what they love conveys the corporate dedication to the industry. Network of  Blogs Add text title Add text title Executive Participation Power To Employees Loyalty & Commitment
400,000  hits  per month  (2006) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Facebook Twitter Network Of Blogs CEO  Blog Transparency Also on  Other Social  Networks Jonathan Schwartz’s blog Sun Microsystems Lesson:  Social media is a culture of transparency and honesty that must be embraced, leading by example is one of the best ways to introduce it to a company. Few things are better than a CEO that blogs or uses twitter.
Add title text Starbucks Lesson:  Thinking of ways to build your company are great, but directly asking your consumers what they want, is better. Acting on that information and doing it publicly is key to the success of this campaign. My Starbucks Idea .” Customer Feedback Strengthen Corporate Message Custom  Tailored  Site Customer Lead Strategy
Add title text @Comcast cares Comcast Target The Problem Lesson:  Being active on Twitter is great but tracking and seeing who’s mentioning you, is the next step. Social media allows for the possibility of great customer service, and with it, better brand loyalty Allow customers to solve problems Real Time Customer Service Handle Customer Complaints Change speed of delivery
Add text title Add text title 0.7 MM 2.5 MM 6.8 MM Text 4 Text 3 Text 1 www.willitblend.com http://www.youtube.com/watch?v=qg1ckCkm8YI Blendtec YouTube Video Marketing Various Attention Getting Videos Proving the point about the products Customer participation in marketing Lesson:  Social media marketing doesn’t always need to cost a lot of money. Creating funny, original video and leveraging an already large user base can be used to increase sales. 2.7 MM
Zappos Lesson:  Take a CEO that twitters, add in a great personality and you have a recipe for social success. Ingraining social media into the culture of a corporation means that every consumer interaction is personal. Zappos www.zappos.com Continued Customer Interaction With Personnel Employees To Share Insights Thru Web Contact Communication Engaging Interesting Trust Consistency Routine Empower Relationship Empower
Add title text Click to add text Add text 1 Add text 2 Click to add text Add text 1 Add text 2 Event  Hall Mall Museum Park Music Garage Homes Toyota Being a Second Life resident, the possibilities of this seem fairly limited. We are used to living where we want (or where we can afford rent), “razzing” whatever car we want (if we own it), using whatever transportation we want (you can’t think of anything that we can’t drive!) Toyota Metapolis Belonging Possibility
Add title text www.youtube.com/watch?v=0v-0AVtg0eM&eurl=http%3A%2F%2Fwww. vintfalken.com%2Ftoyota-metapolis-toyotas -very-own-virtual-continent%2F&feature= player_embedded
Thank You!
Introduction ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IBM ,[object Object],[object Object],[object Object]
Sun Microsystems ,[object Object],[object Object],[object Object],[object Object]
Starbucks ,[object Object],[object Object],[object Object],[object Object],[object Object]
Comcast ,[object Object],[object Object],[object Object]
Blendtec ,[object Object],[object Object],[object Object],[object Object],[object Object]
Zappos ,[object Object],[object Object],[object Object],[object Object],[object Object]
Toyota ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Virtual World of Toyota ,[object Object]
Conclusion ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Social Networking: The New Driver for Corporate Success in the Knowledge Era

  • 1. Connecting with the Customer Corporations & Social Networking By: Louise Ling, Sridhar Avuthu, Kay Nikookary
  • 2. Introduction Social Capital & Social Networking defined Link between corporations and social media Social Media Segments 1 2 3 4 Legitimate reasons against social networks Solutions to mediate & succeed Examples of successful implementation Conclusion 1 2 3 4
  • 3. Add text title IBM created an entire network . Lesson: Having a CEO that blogs is great, but increase the number of blogs and you increase the number of connections. Leveraging your employees to write about what they love conveys the corporate dedication to the industry. Network of Blogs Add text title Add text title Executive Participation Power To Employees Loyalty & Commitment
  • 4.
  • 5. Add title text Starbucks Lesson: Thinking of ways to build your company are great, but directly asking your consumers what they want, is better. Acting on that information and doing it publicly is key to the success of this campaign. My Starbucks Idea .” Customer Feedback Strengthen Corporate Message Custom Tailored Site Customer Lead Strategy
  • 6. Add title text @Comcast cares Comcast Target The Problem Lesson: Being active on Twitter is great but tracking and seeing who’s mentioning you, is the next step. Social media allows for the possibility of great customer service, and with it, better brand loyalty Allow customers to solve problems Real Time Customer Service Handle Customer Complaints Change speed of delivery
  • 7. Add text title Add text title 0.7 MM 2.5 MM 6.8 MM Text 4 Text 3 Text 1 www.willitblend.com http://www.youtube.com/watch?v=qg1ckCkm8YI Blendtec YouTube Video Marketing Various Attention Getting Videos Proving the point about the products Customer participation in marketing Lesson: Social media marketing doesn’t always need to cost a lot of money. Creating funny, original video and leveraging an already large user base can be used to increase sales. 2.7 MM
  • 8. Zappos Lesson: Take a CEO that twitters, add in a great personality and you have a recipe for social success. Ingraining social media into the culture of a corporation means that every consumer interaction is personal. Zappos www.zappos.com Continued Customer Interaction With Personnel Employees To Share Insights Thru Web Contact Communication Engaging Interesting Trust Consistency Routine Empower Relationship Empower
  • 9. Add title text Click to add text Add text 1 Add text 2 Click to add text Add text 1 Add text 2 Event Hall Mall Museum Park Music Garage Homes Toyota Being a Second Life resident, the possibilities of this seem fairly limited. We are used to living where we want (or where we can afford rent), “razzing” whatever car we want (if we own it), using whatever transportation we want (you can’t think of anything that we can’t drive!) Toyota Metapolis Belonging Possibility
  • 10. Add title text www.youtube.com/watch?v=0v-0AVtg0eM&eurl=http%3A%2F%2Fwww. vintfalken.com%2Ftoyota-metapolis-toyotas -very-own-virtual-continent%2F&feature= player_embedded
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.