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CONSUMER ENGAGEMENT
THROUGH SOCIAL MEDIA :
Quick lessons from GTBank
            -
                www.adeolakayode.com
                me@adeolakayode.com
Ok, should I have said
         client, consumer or
         customer engagement?*




* Services are usually paid for by clients, customers are used for
 those who pay for goods and consumers for those who use the
 goods. They may not be the same person.
Whichever, there are seven
basic things you will never find
out from them (unless you
ask, of course!)
They wonā€™t tell you            They wonā€™t offer advice on
                                2    who else likes to do
                                     business with you
                                                              3     how best you can keep
                                                                    them for life

1       They wonā€™t tell you
        what influences their
        buying decisions            They wonā€™t talk to a
                                    machine when they
                       5            are angry with you      6
                                    (0700 - ANGER)
                                                                  They wonā€™t tell you
                                                                  why they enjoy being
                                                                  your customer



    4     They wonā€™t tell you
          what else they wish
                                          7                 They wonā€™t tell you
                                                            how best to reach
          your business did                                 them
But your customers are already
talking. Individuals are forming
digital communities and
conversations are going on
about anything ā€“ including
brands.

The power to invoke a buying
decision has not only moved
from businesses to consumers;
the customers have CHANGED.
Customers now look to their
peers to make a buying decision.
This has affected marketing
channels and methods and
business owners are getting
worried.

Simple ad campaigns and
increase in bottom-line are no
longer simple equations
Since people are actively
forming online communities in
social media, it has offered
businesses a new way to reach
their target audience - in a
personal way.

Social media has been the
greatest revelation since the
advent of the internet.
ā€˜Social Media Engagement is the
summation of all forms of marketing,
service, communications, branding,
and relationship management
between an organization and its
target audience through social
media platformsā€™*.




                                       * Paraphrased
People and brands can now
engage social media
As of today, GTBank is the
leading brand in social media
engagement in Nigeria, and
that is my opinion. Any other
ideas?

They were recently recognized
as the most customer focused
bank in Nigeria (Corporate and
retail).*


        *(KPMG, Banking Industry Customer Satisfaction Survey, June 2010)
With service as a key
proposition, they have
succeeded in building bridges
using a variety of means
including social media, in
reaching their target
audience.
They haveā€¦




                                  GTBank Fan page on
  GTBank Interactive website.
                                Facebook ā€“ 94,453 fans
They haveā€¦




                      GTBank
     10 videos   On twitter - 1,259
     on              followers
They areā€¦




     Only bank listed
                             One of the top     Owners of one of the few
    among the top 10
                            spenders in Print   multimedia magazines in
visited Nigerian websites
                               Advertising      Nigeria - GTBank E - zine
       by Nigerians
The simplicity of social networks
makes it easy for anyone to join and
create a profile. However, a
successful social media engagement
depends on your strategy, devices
and tools employed.

Online brands are differentiated by
the value they offer. This will dictate
the strength of the brand in reaching
its target audience.
What are the critical points to note
when you are about to engage your
customers through you social media?
Get
                   Have a clear   personal
                  communication
                     strategy                Identify and
                                             deliver value




  Donā€™t think                                      Push your
outside the box                                    stuff out!
Donā€™t think
outside the box


       There is

   no box!
No use being a dinosaur in a
digital age, social media is no
more a distraction for your
business ā€“ others are already
riding on this digital wave.

Incorporating social media is no
more a fad, it is an imperative
for success in a digital age.
If your business is busy
looking for a way to BAN
social media, your
competitors are busy
BANKING on it.
When engaging social media,
you are neither going to control
the conversation nor generating
ideas for the usual shouting of
interruption advertising, listen,
then participate, no PARTICIPATE.

Social media engagement is a
dialogue, not a monologue.
Have a clear
communication
  Strategy.
Going online isnā€™t about
having a website, and
going social media isnā€™t
about a Facebook fan
page.

It takes more than that.
The evolving demand for digital
marketing and social media
engagement requires clear
policies, guidelines and
experienced staff. Your
engagement may involve
employees in every aspect of
your business operations ā€“
Human Resource, Customer
Service, Branding and
Marketing.
Profile your target audience
before allocating resources.
Donā€™t be so busy spending
money on ads if your
audience is busy in traffic or
with their phones.

Identify where they are and
engage.
Prepare for crisis
Those days people and organizations donā€™t care
what others think about their brand as long as
others they only tell a few people.
Not any more.

Those people now can air their views and millions
of others are waiting to listen and comment.
Unlike before, they can now
form an organized army
against your brand.

Having a crisis plan helps you
beat the unexpected
peradventure it happens.
Donā€™t commit social
media suicide by going
social without a crisis
planā€¦
ask Nestle!


Check out my
presentation on ā€œHow to
deal with online social
media attack on brandsā€.
Get
personal
No other platform allows you
reach your target audience in a
more personal, interactive and
dynamic way than social
media.

Determine the identity,
character, and personality of
your brand and match it to the
qualities of the individuals who
will represent it online.
Remember it is about
Giving a face and action to
your brand.

Determine the identity,
character, and personality of
your brand and match it to the
qualities of the individuals
who will represent it online.
This assignment for not any
junior staff. That person will be
responsible for responding to
all things that can affect brand
perception across multiple
scenariosā€¦
Engage your customers in a
meaningful way; share, link,
communicate (take
customer service away
from bored officers and
auto responders). When
your expertise is sought,
demonstrate intelligence
and authority.
In dealing with brand attacks
and complaints, assess the
perspective of the comments,
complaints and commendation
and respond intelligently in
order to establish meaningful
connections.

When responding donā€™t ever
forget you are representing a
brand ā€“ Nescafe will never
forget that bitter lesson!
Ultimately donā€™t let your platforms
become inactive, become a true
participant. Move beyond
marketing and sales.

Give back, reciprocate, and
recognize notable contributions
from participants in your
communities.
Identify and
deliver value
Blend tech is a manufacturing
company producing high
quality blenders.

In engaging social media to
promote their business. they
decided to produce an in-
house video. To show the
strength of their blenders
The ā€œWill It Blendā€ campaign
featured several videos
where the blenders worked
on everything from iPhone to
iPads ā€“ it worked!

With one of the videos
having 134.6 million views
on YouTube ā€“ minus
secondary viewers. It has
become a social media/viral
video success.
Give them something worthy
of value. GTBank went beyond
having a website to deliver
internet banking to its
subscribers.

eBanking services are
responsible for 84% of
GTBankā€™s website visitors
Donā€™t be consumed by
marketing possibilities, create
competition, give freebies, keep
adding value by becoming a
resource to your communities.
If you are bold enough, relinquish
ownership of the brand and give
customers the opportunity to own
the brand.

Nike - www.nikeplus.com,

Starbucks ā€“
www.mystarbucksidea.com
Push your
stuff out!
Content - push your stuff out!
Go viral ( get others to tell your
story ā€“ give them something to talk
about)
Engage your customers

Video, adverts, photo mentions,
designs, competitions

ā€¦ CONTENT IS KING
œIDENTIFY
   œ PREPARE
          œ ENGAGE
              œ MONITOR




            Coast on to web success!
every move counts
Credits:
I love photography and get kicks out of gathering
designs and pictures. But I must credit the right of
the owners.
- www.Fredcavazza.net
- www.1x.com
- GTBank: Website, Twitter, Facebook, YouTube
- GTBank Statistics ā€“ Alexa
- KPMG, Banking Industry Customer Satisfaction
  Survey, June 2010
- Willitblend.com
- www.facebook.com

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Consumer engagement through social media quick lessons 4rm gt bank

  • 1. CONSUMER ENGAGEMENT THROUGH SOCIAL MEDIA : Quick lessons from GTBank - www.adeolakayode.com me@adeolakayode.com
  • 2. Ok, should I have said client, consumer or customer engagement?* * Services are usually paid for by clients, customers are used for those who pay for goods and consumers for those who use the goods. They may not be the same person.
  • 3. Whichever, there are seven basic things you will never find out from them (unless you ask, of course!)
  • 4. They wonā€™t tell you They wonā€™t offer advice on 2 who else likes to do business with you 3 how best you can keep them for life 1 They wonā€™t tell you what influences their buying decisions They wonā€™t talk to a machine when they 5 are angry with you 6 (0700 - ANGER) They wonā€™t tell you why they enjoy being your customer 4 They wonā€™t tell you what else they wish 7 They wonā€™t tell you how best to reach your business did them
  • 5. But your customers are already talking. Individuals are forming digital communities and conversations are going on about anything ā€“ including brands. The power to invoke a buying decision has not only moved from businesses to consumers; the customers have CHANGED.
  • 6. Customers now look to their peers to make a buying decision. This has affected marketing channels and methods and business owners are getting worried. Simple ad campaigns and increase in bottom-line are no longer simple equations
  • 7. Since people are actively forming online communities in social media, it has offered businesses a new way to reach their target audience - in a personal way. Social media has been the greatest revelation since the advent of the internet.
  • 8. ā€˜Social Media Engagement is the summation of all forms of marketing, service, communications, branding, and relationship management between an organization and its target audience through social media platformsā€™*. * Paraphrased
  • 9. People and brands can now engage social media
  • 10. As of today, GTBank is the leading brand in social media engagement in Nigeria, and that is my opinion. Any other ideas? They were recently recognized as the most customer focused bank in Nigeria (Corporate and retail).* *(KPMG, Banking Industry Customer Satisfaction Survey, June 2010)
  • 11. With service as a key proposition, they have succeeded in building bridges using a variety of means including social media, in reaching their target audience.
  • 12. They haveā€¦ GTBank Fan page on GTBank Interactive website. Facebook ā€“ 94,453 fans
  • 13. They haveā€¦ GTBank 10 videos On twitter - 1,259 on followers
  • 14. They areā€¦ Only bank listed One of the top Owners of one of the few among the top 10 spenders in Print multimedia magazines in visited Nigerian websites Advertising Nigeria - GTBank E - zine by Nigerians
  • 15. The simplicity of social networks makes it easy for anyone to join and create a profile. However, a successful social media engagement depends on your strategy, devices and tools employed. Online brands are differentiated by the value they offer. This will dictate the strength of the brand in reaching its target audience.
  • 16. What are the critical points to note when you are about to engage your customers through you social media?
  • 17. Get Have a clear personal communication strategy Identify and deliver value Donā€™t think Push your outside the box stuff out!
  • 18. Donā€™t think outside the box There is no box!
  • 19. No use being a dinosaur in a digital age, social media is no more a distraction for your business ā€“ others are already riding on this digital wave. Incorporating social media is no more a fad, it is an imperative for success in a digital age.
  • 20. If your business is busy looking for a way to BAN social media, your competitors are busy BANKING on it.
  • 21. When engaging social media, you are neither going to control the conversation nor generating ideas for the usual shouting of interruption advertising, listen, then participate, no PARTICIPATE. Social media engagement is a dialogue, not a monologue.
  • 23. Going online isnā€™t about having a website, and going social media isnā€™t about a Facebook fan page. It takes more than that.
  • 24. The evolving demand for digital marketing and social media engagement requires clear policies, guidelines and experienced staff. Your engagement may involve employees in every aspect of your business operations ā€“ Human Resource, Customer Service, Branding and Marketing.
  • 25. Profile your target audience before allocating resources. Donā€™t be so busy spending money on ads if your audience is busy in traffic or with their phones. Identify where they are and engage.
  • 26. Prepare for crisis Those days people and organizations donā€™t care what others think about their brand as long as others they only tell a few people. Not any more. Those people now can air their views and millions of others are waiting to listen and comment.
  • 27. Unlike before, they can now form an organized army against your brand. Having a crisis plan helps you beat the unexpected peradventure it happens.
  • 28. Donā€™t commit social media suicide by going social without a crisis planā€¦ ask Nestle! Check out my presentation on ā€œHow to deal with online social media attack on brandsā€.
  • 30. No other platform allows you reach your target audience in a more personal, interactive and dynamic way than social media. Determine the identity, character, and personality of your brand and match it to the qualities of the individuals who will represent it online.
  • 31. Remember it is about Giving a face and action to your brand. Determine the identity, character, and personality of your brand and match it to the qualities of the individuals who will represent it online.
  • 32. This assignment for not any junior staff. That person will be responsible for responding to all things that can affect brand perception across multiple scenariosā€¦
  • 33. Engage your customers in a meaningful way; share, link, communicate (take customer service away from bored officers and auto responders). When your expertise is sought, demonstrate intelligence and authority.
  • 34. In dealing with brand attacks and complaints, assess the perspective of the comments, complaints and commendation and respond intelligently in order to establish meaningful connections. When responding donā€™t ever forget you are representing a brand ā€“ Nescafe will never forget that bitter lesson!
  • 35. Ultimately donā€™t let your platforms become inactive, become a true participant. Move beyond marketing and sales. Give back, reciprocate, and recognize notable contributions from participants in your communities.
  • 37. Blend tech is a manufacturing company producing high quality blenders. In engaging social media to promote their business. they decided to produce an in- house video. To show the strength of their blenders
  • 38. The ā€œWill It Blendā€ campaign featured several videos where the blenders worked on everything from iPhone to iPads ā€“ it worked! With one of the videos having 134.6 million views on YouTube ā€“ minus secondary viewers. It has become a social media/viral video success.
  • 39. Give them something worthy of value. GTBank went beyond having a website to deliver internet banking to its subscribers. eBanking services are responsible for 84% of GTBankā€™s website visitors
  • 40. Donā€™t be consumed by marketing possibilities, create competition, give freebies, keep adding value by becoming a resource to your communities.
  • 41. If you are bold enough, relinquish ownership of the brand and give customers the opportunity to own the brand. Nike - www.nikeplus.com, Starbucks ā€“ www.mystarbucksidea.com
  • 43. Content - push your stuff out! Go viral ( get others to tell your story ā€“ give them something to talk about) Engage your customers Video, adverts, photo mentions, designs, competitions ā€¦ CONTENT IS KING
  • 44.
  • 45. œIDENTIFY œ PREPARE œ ENGAGE œ MONITOR Coast on to web success!
  • 47. Credits: I love photography and get kicks out of gathering designs and pictures. But I must credit the right of the owners. - www.Fredcavazza.net - www.1x.com - GTBank: Website, Twitter, Facebook, YouTube - GTBank Statistics ā€“ Alexa - KPMG, Banking Industry Customer Satisfaction Survey, June 2010 - Willitblend.com - www.facebook.com