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SOCIAL MEDIA
MARKETING
Dr Emmanuel Chao
1
Objectives
1. Define social media and distinguish between social media
platforms and social media tools.
2. Describe the ways in which consumers and businesses
use social media for their buying decisions.
3. Outline the elements of a written social media marketing
plan.
2
Objectives
4. Discuss the importance of setting goals and developing
strategies, including targeting an audience, for a social media
marketing initiative.
5. Identify the qualities of effective social media content and
the rules of engagement with social media.
6. Describe the different means of monitoring, measuring, and
managing the social media marketing campaign.
3
Objectives
7. Discuss the ethical and legal issues encountered by
marketers in social media marketing.
8. Identify the different types of positions in social media
marketing, and outline tips for landing an entry-level job.
4
Social Media
• Different forms of electronic communication through which
users can create online communities to exchange:
• Information
• Ideas
• Messages
• Other content such as videos or music
5
Categories of Social Media
• Social media platform – Type of software or technology
that allows users to build, integrate, or facilitate a
community, interaction among users, and user-generated
content
• Social media tool – Enables users to communicate with
each other online
6
Social Media Platforms
• Act as a home base for an online community
• To access the conversations held there, users must become
members
• Social networking sites – Websites that provide virtual
communities for people to:
• Share daily activities
• Post opinions on various topics
• Increase their circle of online friends, and more
7
Social Media Platforms
• Bookmarking sites – These give people a place to save,
organize, and manage links to:
• Websites
• Other resources on the Internet
• Social news sites – People post news items or links to
outside articles on such sites, then vote on which postings
get the most prominent display—and viewed by the most
readers
8
Social Media Platforms
• Online forums – Members hold conversations by posting
messages
• Blogging sites – Blog postings and comments are attached
to such sites and typically focus on specific topics
• Microblogs – Subscribers get a steady stream of brief
updates from anyone ranging from a high-school friend to a
celebrity
9
Social Media Tools
• These make the conversation happen
• Services like YouTube and Flickr allow people to upload
and share media such as photos and videos
• Some videos have gone viral and shot their makers to fame
• Marketers realize that a viral video can translate to a jump in
demand—and sales—for their products
10
Social Media Tools
• Blogging allows people to communicate in greater detail than
microblogging does
• Marketers use blog postings to:
• Educate consumers and business customers about new products
• Ask for feedback about particular goods and services
• Notify the public about social responsibility initiatives
• Manage public relations crises
11
Social Media Tools
• Companies may
• Designate certain staff members as bloggers
• Hire professional bloggers either in-house or on a consulting basis
• Microblogging offers short bursts of news
• App – Short for application, it is a free or paid software
download that links users to a wide range of goods and
services, media and text content, social media platforms,
search engines, and the like
12
App
• Marketers
• Know that potential and existing customers use all kinds of apps,
and they want to tap into the opportunities created by this
phenomenon
• Must find ways to identify the apps that will support the goals of
their social media marketing efforts
• Need to choose the ones that reach and attract their target
audience and influence consumers to make decisions in favor of
their goods and services
13
QR Codes
• Short for quick response codes
• Two-dimensional bar codes that can be read by some
mobile phones with cameras
• Information contained in the code is shared with the user
• Might lead to a video, give details about a product, or offer a
coupon
14
Why ShouldMarketers Turn to Social Media?
• Social media has quickly grown to be an important tool for
marketers to:
• Build relationships with customers
• Strengthen brands
• Launch new products
• Enter new markets
• Boost sales
15
Why ShouldMarketers Turn to Social Media?
• Consumers are connecting with retailers, restaurants,
travel and entertainment firms, financial companies, and
other businesses via social media
• The messages conveyed via social media wield substantial
power
16
Social Media Marketing (SMM)
• Uses social media portals to create a positive influence on
consumers or business customers toward an
organization’s:
• Brand
• Goods and services
• Public image
• Website
17
Why ShouldMarketers Turn to Social Media?
• Marketers generally view the goal of social media
marketing as developing a conversation with potential
customers, resulting in a:
• Purchase
• Subscription to an email newsletter
• Registration in an online community
• Participation in an event
18
Why ShouldMarketers Turn to Social Media?
• Not-for-profit organizations create social media marketing
campaigns to expand their reach
• SMM contains three essential features:
• It creates a buzz
• It creates ways for customers or fans to engage in
conversations with ach other and the organization
• It allows customers to promote the firm’s messages
themselves
19
Consumer Behavior
• Shoppers who shop with search engines do so because
these provide the greatest amount of information about
products and companies
• Search engines help with comparison shopping,
particularly when it comes to price
20
Consumer Behavior
• Consumers rely on the communities created by social
media for their buying decisions in order to:
• Learn about new goods and services
• Conduct research and share information
• Make final purchase decisions
21
Business Behavior
• Businesses use social media to build relationships,
including partnerships with other companies
22
Not-for-Profit Organizations
• Use social media to:
• Market themselves
• Generate donations or other types of funding
• Spur action
• Promote an event
• Educate the public
• Encourage and showcase partnerships with other
organizations
23
Creating a Social Media
Marketing Plan
• Effective social media marketing requires:
• Setting goals
• Developing strategies to reach a target audience
▮ Social media marketing (SMM) plan – Formal document
that identifies and describes goals and
strategies, targeted audience, budget, and
implementation methods as well as tactics
for monitoring, measuring, and managing
the SMM effort 24
Creating a Social Media
Marketing Plan
• A well-written plan contains clear, concise prose that
covers the salient points and answers anticipated
questions
• Most SMM plans contain:
• An executive summary
• A brief overview
• Analysis of the competition
• The body of the plan
25
Goals and Strategies of a SocialMedia
MarketingPlan
• SMM actively solicits the audience’s participation in the
message
• Successful SMM efforts require the audience’s trust
• Phases of developing an SMM campaign
• Set goals
• Target the audience
• Develop strategies
26
Goals and Strategies of a SocialMedia
MarketingPlan
• Produce content
• Implement the plan
• Monitor
• Measure
• Social media is helpful for connecting with influencers
• Influencers – Individuals with the capability of affecting the
opinions or actions of others
27
Cycle of Social Media
Marketing
28
Setting Goals
• Successful social media marketing campaign starts with
clear goals
• Once goals are established, marketers are better able to
develop strategies and choose the right platforms or
outlets for their messages
• Clear goals help everyone involved in the campaign to aim
their efforts in the right direction
29
Setting Goals
• Goals should be flexible
• Conditions in the marketing environment may change, and
marketers should be able to adapt their goals without
scrapping an entire plan
30
Targeting the Audience
• Social media efforts customize marketers’ approach to
targeted audiences
• Social media marketers arrive at a target audience based
on the goal of the marketing effort
• If it is to create brand awareness, the audience will be broader
than for strengthening relationships with existing customers
31
Targeting the Audience
• Marketers narrow this target further by determining which
social media will be best suited to certain types of consumers
• In order to pinpoint the audience for social media
marketing, firms gather information on :
• Demographics
• What the group or organization needs or wants
32
Targeting the Audience
• Which of the firm’s products and social media will meet the
needs and wants of the particular groups of people
33
DevelopingStrategies and ChoosingTactics
• Every strategy in an effective social media marketing
campaign traces back to the campaign’s goals—and
ultimately links to a firm’s overall strategic goals
• Marketers decide:
• Which social media platforms to use, and how to combine
them to reach and engage with the audience
34
DevelopingStrategies and ChoosingTactics
• Which social media tools should deliver the campaign’s
content, and how best to link them with the selected social
media platforms
• Who will participate in the conversation on behalf of the
company
• How to make it easy for potential customers to locate and
participate in the conversation
35
Creating Content
• SMM content is a two-way street
• In order for SMM to succeed, the content of its messages
must engage the target audience in the conversation
• Content marketing – Creating and distributing relevant
and targeted material to attract and engage an audience,
with the goal of driving them to a desired action
36
Creating Content
• Content for an effective SMM campaign has:
• A strong brand focus
• A focus on the audience rather than the organization
• Targeted keywords
• Relevant information
• Shareworthy text and images
37
Creating Content
• Invitations to generate content via posts, shares, discussions,
reviews, or other forms of dialogue with the organization as
well as with fellow customers
• Promotions that offer discounts, gifts, or other special deals in
exchange for participation
38
Implementing the Plan
• SMM plan requires a timeline for implementation
• Marketers may decide to create separate schedules for the
rollout onto each social media platform
• SMM plan builds in a specified time period for engaging
with the public, and offering special promotions
39
Implementing the Plan
• Timeline includes managing, monitoring, and measuring
the success of the effort
• Experts recommend that marketers refrain from
scheduling content more than a week away because:
• Information can change
• Consumer responses may shift
• Events might occur that would change the content
40
Rules of Engagementfor Social Marketing
• Follow rules and guidelines
• Use social media channels as they were intended
• Think before posting—or deleting
41
Monitoring,Measuring, and Managingthe
SMM Campaign
• Social media monitoring – Process of tracking,
measuring, and evaluating a firm’s social media marketing
initiatives
• Social media analytics – Tools that help marketers trace,
measure, and interpret data related to social media
marketing initiatives
42
Monitoring,Measuring, and Managingthe
SMM Campaign
• Monitoring and measuring help marketers understand
what their customers need and want, ultimately making
adjustments to SMM or product offerings to satisfy those
customers
• Marketers select monitoring tools based on the needs of
their own firms
43
Monitoring,Measuring, and Managingthe
SMM Campaign
• Firms calculate the return on investment of their social
media marketing initiatives, using:
• Reach – The percentage of people in a target market who are
exposed to the marketing effort at least once
• Frequency – The number of times an individual is exposed to
the marketing material during the campaign
44
Monitoring,Measuring, and Managingthe
SMM Campaign
• Expenses are weighed against savings
• Effective monitoring gives marketers a clearer picture of an
organization’s influence via social media
• Measuring the success of a social media marketing plan
includes such factors as:
• Share of voice
• Awareness of the company or brand
• Level of engagement by the targeted audience
45
Monitoring,Measuring, and Managingthe
SMM Campaign
• Influence created
• Popularity among target audience members
46
Social Media Measuring
47
Managing
• Managing a social media marketing campaign or a
company’s overall social media efforts requires skill,
expertise, and understanding of the company’s:
• Brand
• Competitors
• Social media environment
48
Managing
• This means:
• Maintaining a grasp on the success or failure of previous
strategies, knowledge of the benefits and drawbacks of the
different social media platforms and tools, and an ability to
interpret data without losing sight of the overall goal
• Being flexible enough to change tactics when necessary to
avert or minimize a crisis
49
Ethical and Legal Issues
• Social media marketers face ethical and legal issues, such
as:
• Privacy
• Accountability
• Well-written social media policies are:
• Consistent with a firm’s organizational culture and values
• Explain why employees should take certain steps or actions or
avoid them
50
Ethical and Legal Issues
• Broad enough to cover the major points, but brief enough to fit
onto two pages
• Linked to other relevant company policies and guidelines
• Postings, ads, comments, and even images come under
intense scrutiny and must be checked for:
• Accuracy
• Fair and realistic claims or promises
• Balance and objectivity
51
Ethical and Legal Issues
• Potential for misinterpretation
• Marketers must:
• Not distribute any personal information without consent
• Be vigilant about confidentiality
• When mistakes happen, smart social media marketers:
• Take action to solve the problem or resolve the issue
52
Ethical and Legal Issues
• Acknowledge the problem and take responsibility for it
• Communicate with the right people, via the most relevant
channels
• Promise to take steps necessary to correct the situation
• Implement the agreed-upon changes or make other
concessions
• Evaluate ways to avoid similar problems in the future
53
Job Titles in Social Media
Marketing
54
Types of Jobs
• Social media marketing manager or digital marketing
manager
• Social media strategist
• Brand manager
• Online community manager
• Influencer relations
• Social media specialist
• Social media analytics
55
Types of Jobs
• Social media design
• Social media developer
• Content programmer
• Blogger or copywriter
56
Tips for Landing a Job in Social
Media Marketing
• Land an internship
• Take online courses that teach social media marketing
skills
• Highlight your own online social profile
• Point out your personality
57
Zappos Video
58
http://www.cengage.com/marketing/book_content/boone_9781133628460/
videos/ch04.html

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SOCIAL MEDIA MARKETING

  • 1. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. SOCIAL MEDIA MARKETING Dr Emmanuel Chao 1
  • 2. Objectives 1. Define social media and distinguish between social media platforms and social media tools. 2. Describe the ways in which consumers and businesses use social media for their buying decisions. 3. Outline the elements of a written social media marketing plan. 2
  • 3. Objectives 4. Discuss the importance of setting goals and developing strategies, including targeting an audience, for a social media marketing initiative. 5. Identify the qualities of effective social media content and the rules of engagement with social media. 6. Describe the different means of monitoring, measuring, and managing the social media marketing campaign. 3
  • 4. Objectives 7. Discuss the ethical and legal issues encountered by marketers in social media marketing. 8. Identify the different types of positions in social media marketing, and outline tips for landing an entry-level job. 4
  • 5. Social Media • Different forms of electronic communication through which users can create online communities to exchange: • Information • Ideas • Messages • Other content such as videos or music 5
  • 6. Categories of Social Media • Social media platform – Type of software or technology that allows users to build, integrate, or facilitate a community, interaction among users, and user-generated content • Social media tool – Enables users to communicate with each other online 6
  • 7. Social Media Platforms • Act as a home base for an online community • To access the conversations held there, users must become members • Social networking sites – Websites that provide virtual communities for people to: • Share daily activities • Post opinions on various topics • Increase their circle of online friends, and more 7
  • 8. Social Media Platforms • Bookmarking sites – These give people a place to save, organize, and manage links to: • Websites • Other resources on the Internet • Social news sites – People post news items or links to outside articles on such sites, then vote on which postings get the most prominent display—and viewed by the most readers 8
  • 9. Social Media Platforms • Online forums – Members hold conversations by posting messages • Blogging sites – Blog postings and comments are attached to such sites and typically focus on specific topics • Microblogs – Subscribers get a steady stream of brief updates from anyone ranging from a high-school friend to a celebrity 9
  • 10. Social Media Tools • These make the conversation happen • Services like YouTube and Flickr allow people to upload and share media such as photos and videos • Some videos have gone viral and shot their makers to fame • Marketers realize that a viral video can translate to a jump in demand—and sales—for their products 10
  • 11. Social Media Tools • Blogging allows people to communicate in greater detail than microblogging does • Marketers use blog postings to: • Educate consumers and business customers about new products • Ask for feedback about particular goods and services • Notify the public about social responsibility initiatives • Manage public relations crises 11
  • 12. Social Media Tools • Companies may • Designate certain staff members as bloggers • Hire professional bloggers either in-house or on a consulting basis • Microblogging offers short bursts of news • App – Short for application, it is a free or paid software download that links users to a wide range of goods and services, media and text content, social media platforms, search engines, and the like 12
  • 13. App • Marketers • Know that potential and existing customers use all kinds of apps, and they want to tap into the opportunities created by this phenomenon • Must find ways to identify the apps that will support the goals of their social media marketing efforts • Need to choose the ones that reach and attract their target audience and influence consumers to make decisions in favor of their goods and services 13
  • 14. QR Codes • Short for quick response codes • Two-dimensional bar codes that can be read by some mobile phones with cameras • Information contained in the code is shared with the user • Might lead to a video, give details about a product, or offer a coupon 14
  • 15. Why ShouldMarketers Turn to Social Media? • Social media has quickly grown to be an important tool for marketers to: • Build relationships with customers • Strengthen brands • Launch new products • Enter new markets • Boost sales 15
  • 16. Why ShouldMarketers Turn to Social Media? • Consumers are connecting with retailers, restaurants, travel and entertainment firms, financial companies, and other businesses via social media • The messages conveyed via social media wield substantial power 16
  • 17. Social Media Marketing (SMM) • Uses social media portals to create a positive influence on consumers or business customers toward an organization’s: • Brand • Goods and services • Public image • Website 17
  • 18. Why ShouldMarketers Turn to Social Media? • Marketers generally view the goal of social media marketing as developing a conversation with potential customers, resulting in a: • Purchase • Subscription to an email newsletter • Registration in an online community • Participation in an event 18
  • 19. Why ShouldMarketers Turn to Social Media? • Not-for-profit organizations create social media marketing campaigns to expand their reach • SMM contains three essential features: • It creates a buzz • It creates ways for customers or fans to engage in conversations with ach other and the organization • It allows customers to promote the firm’s messages themselves 19
  • 20. Consumer Behavior • Shoppers who shop with search engines do so because these provide the greatest amount of information about products and companies • Search engines help with comparison shopping, particularly when it comes to price 20
  • 21. Consumer Behavior • Consumers rely on the communities created by social media for their buying decisions in order to: • Learn about new goods and services • Conduct research and share information • Make final purchase decisions 21
  • 22. Business Behavior • Businesses use social media to build relationships, including partnerships with other companies 22
  • 23. Not-for-Profit Organizations • Use social media to: • Market themselves • Generate donations or other types of funding • Spur action • Promote an event • Educate the public • Encourage and showcase partnerships with other organizations 23
  • 24. Creating a Social Media Marketing Plan • Effective social media marketing requires: • Setting goals • Developing strategies to reach a target audience ▮ Social media marketing (SMM) plan – Formal document that identifies and describes goals and strategies, targeted audience, budget, and implementation methods as well as tactics for monitoring, measuring, and managing the SMM effort 24
  • 25. Creating a Social Media Marketing Plan • A well-written plan contains clear, concise prose that covers the salient points and answers anticipated questions • Most SMM plans contain: • An executive summary • A brief overview • Analysis of the competition • The body of the plan 25
  • 26. Goals and Strategies of a SocialMedia MarketingPlan • SMM actively solicits the audience’s participation in the message • Successful SMM efforts require the audience’s trust • Phases of developing an SMM campaign • Set goals • Target the audience • Develop strategies 26
  • 27. Goals and Strategies of a SocialMedia MarketingPlan • Produce content • Implement the plan • Monitor • Measure • Social media is helpful for connecting with influencers • Influencers – Individuals with the capability of affecting the opinions or actions of others 27
  • 28. Cycle of Social Media Marketing 28
  • 29. Setting Goals • Successful social media marketing campaign starts with clear goals • Once goals are established, marketers are better able to develop strategies and choose the right platforms or outlets for their messages • Clear goals help everyone involved in the campaign to aim their efforts in the right direction 29
  • 30. Setting Goals • Goals should be flexible • Conditions in the marketing environment may change, and marketers should be able to adapt their goals without scrapping an entire plan 30
  • 31. Targeting the Audience • Social media efforts customize marketers’ approach to targeted audiences • Social media marketers arrive at a target audience based on the goal of the marketing effort • If it is to create brand awareness, the audience will be broader than for strengthening relationships with existing customers 31
  • 32. Targeting the Audience • Marketers narrow this target further by determining which social media will be best suited to certain types of consumers • In order to pinpoint the audience for social media marketing, firms gather information on : • Demographics • What the group or organization needs or wants 32
  • 33. Targeting the Audience • Which of the firm’s products and social media will meet the needs and wants of the particular groups of people 33
  • 34. DevelopingStrategies and ChoosingTactics • Every strategy in an effective social media marketing campaign traces back to the campaign’s goals—and ultimately links to a firm’s overall strategic goals • Marketers decide: • Which social media platforms to use, and how to combine them to reach and engage with the audience 34
  • 35. DevelopingStrategies and ChoosingTactics • Which social media tools should deliver the campaign’s content, and how best to link them with the selected social media platforms • Who will participate in the conversation on behalf of the company • How to make it easy for potential customers to locate and participate in the conversation 35
  • 36. Creating Content • SMM content is a two-way street • In order for SMM to succeed, the content of its messages must engage the target audience in the conversation • Content marketing – Creating and distributing relevant and targeted material to attract and engage an audience, with the goal of driving them to a desired action 36
  • 37. Creating Content • Content for an effective SMM campaign has: • A strong brand focus • A focus on the audience rather than the organization • Targeted keywords • Relevant information • Shareworthy text and images 37
  • 38. Creating Content • Invitations to generate content via posts, shares, discussions, reviews, or other forms of dialogue with the organization as well as with fellow customers • Promotions that offer discounts, gifts, or other special deals in exchange for participation 38
  • 39. Implementing the Plan • SMM plan requires a timeline for implementation • Marketers may decide to create separate schedules for the rollout onto each social media platform • SMM plan builds in a specified time period for engaging with the public, and offering special promotions 39
  • 40. Implementing the Plan • Timeline includes managing, monitoring, and measuring the success of the effort • Experts recommend that marketers refrain from scheduling content more than a week away because: • Information can change • Consumer responses may shift • Events might occur that would change the content 40
  • 41. Rules of Engagementfor Social Marketing • Follow rules and guidelines • Use social media channels as they were intended • Think before posting—or deleting 41
  • 42. Monitoring,Measuring, and Managingthe SMM Campaign • Social media monitoring – Process of tracking, measuring, and evaluating a firm’s social media marketing initiatives • Social media analytics – Tools that help marketers trace, measure, and interpret data related to social media marketing initiatives 42
  • 43. Monitoring,Measuring, and Managingthe SMM Campaign • Monitoring and measuring help marketers understand what their customers need and want, ultimately making adjustments to SMM or product offerings to satisfy those customers • Marketers select monitoring tools based on the needs of their own firms 43
  • 44. Monitoring,Measuring, and Managingthe SMM Campaign • Firms calculate the return on investment of their social media marketing initiatives, using: • Reach – The percentage of people in a target market who are exposed to the marketing effort at least once • Frequency – The number of times an individual is exposed to the marketing material during the campaign 44
  • 45. Monitoring,Measuring, and Managingthe SMM Campaign • Expenses are weighed against savings • Effective monitoring gives marketers a clearer picture of an organization’s influence via social media • Measuring the success of a social media marketing plan includes such factors as: • Share of voice • Awareness of the company or brand • Level of engagement by the targeted audience 45
  • 46. Monitoring,Measuring, and Managingthe SMM Campaign • Influence created • Popularity among target audience members 46
  • 48. Managing • Managing a social media marketing campaign or a company’s overall social media efforts requires skill, expertise, and understanding of the company’s: • Brand • Competitors • Social media environment 48
  • 49. Managing • This means: • Maintaining a grasp on the success or failure of previous strategies, knowledge of the benefits and drawbacks of the different social media platforms and tools, and an ability to interpret data without losing sight of the overall goal • Being flexible enough to change tactics when necessary to avert or minimize a crisis 49
  • 50. Ethical and Legal Issues • Social media marketers face ethical and legal issues, such as: • Privacy • Accountability • Well-written social media policies are: • Consistent with a firm’s organizational culture and values • Explain why employees should take certain steps or actions or avoid them 50
  • 51. Ethical and Legal Issues • Broad enough to cover the major points, but brief enough to fit onto two pages • Linked to other relevant company policies and guidelines • Postings, ads, comments, and even images come under intense scrutiny and must be checked for: • Accuracy • Fair and realistic claims or promises • Balance and objectivity 51
  • 52. Ethical and Legal Issues • Potential for misinterpretation • Marketers must: • Not distribute any personal information without consent • Be vigilant about confidentiality • When mistakes happen, smart social media marketers: • Take action to solve the problem or resolve the issue 52
  • 53. Ethical and Legal Issues • Acknowledge the problem and take responsibility for it • Communicate with the right people, via the most relevant channels • Promise to take steps necessary to correct the situation • Implement the agreed-upon changes or make other concessions • Evaluate ways to avoid similar problems in the future 53
  • 54. Job Titles in Social Media Marketing 54
  • 55. Types of Jobs • Social media marketing manager or digital marketing manager • Social media strategist • Brand manager • Online community manager • Influencer relations • Social media specialist • Social media analytics 55
  • 56. Types of Jobs • Social media design • Social media developer • Content programmer • Blogger or copywriter 56
  • 57. Tips for Landing a Job in Social Media Marketing • Land an internship • Take online courses that teach social media marketing skills • Highlight your own online social profile • Point out your personality 57