SlideShare a Scribd company logo
1 of 51
Today’s Agenda
• IOV Media Background
• Social Media #fails & #wins
• The Truth About Your Online Brand
• How Do You Protect & Grow Your Online
Reputation
Professional Resume
• 20+ years in sports & brand marketing
• 5 years in social media space
• 1500+ LinkedIn Connections
• 63 Klout Score
• Manage more than 100 different Social Media Pages
University of Illinois
’92-’93 B.S./M.S. in Advertising
Honorary Varsity I Recipient
Active with Alumni Association
Guest Lecturer
Step 1 - Defining your value
and your audience
• What is your company value?
• Why do people buy your product or service?
• Who is your target audience/those that you serve?
• Why is your company better?
Oakland Raiders Nick Roach
Facebook Fans: 5000
Twitter Fans: 30.6K
YouTube Views: 54,900
Step 2 – Colors,
typography and graphics
• When choosing your colors, typography, and graphics,
look for those elements that convey your value
o Design elements play an important role for how you are perceived in the market
• Are you a friendly and approachable company? Are you
a strong, stable, secure company?
o Whatever you want to be align your logo, colors, type and graphics around that
ideal.
Allied Van Lines
Facebook Fans: 19,500
Twitter Fans: 4200
Leading Moving Company In Social Media
Social Media #Fails
Social Media #fails
Social Media #fails
#bashtagging
Social Media #fails
Social Media #fails
Social Media #wins
Social Media #wins
Social Media #wins
Social Media #wins
The Truth
• Between one and three bad online reviews would be
enough to deter the majority (67%) of shoppers from
purchasing a product or service, according to a
Lightspeed Research study.
THE SITUATION
• Over half of Millennials (consumers aged 18 to 34) trust
the opinions of strangers online over those of friends
and family. "Social Trends Report 2012", Bazaarvoice,
June 2012
• Majority of consumers (74 percent) rely on social
networks to guide purchase decisions. (Gartner, July
2010)
Social Media is impacting our
reputation
It has costs careers
It’s impacting how we shop
It’s changing the selling process
More importantly,
Brands can’t hide from it.
Brands AREN’T PREPARED
Brands are slow to social media
The Impact of Social Media
“When consumers hear about a product today, their first
reaction is ‘Let me search online for it.’
And so they go on a journey of discovery: about a product,
a service, an issue, an opportunity.
Today you are not behind your competition. You are not
behind the technology. You are behind your
consumer.”
— Rishad Tobaccowala
Chief Strategy & Innovation OfficerVivaKi
The physical and digital worlds are now coming together.
So it’s not about place; it’s about ANY place.”
- Author Don Tapscott
Today’s Reality
• Customers want to know about you BEFORE
they want to know about you.
• Customers way of making a choice has become
more transparent and more involved than ever
before.
• Consumers control your brand, not you.
• Everyone is a brand.
Old Process
Customer Company
Website
Direct Mail
YP
Ads
WOM
Tradition Shopping Model
WINNING THE ZERO MOMENT OF TRUTH by Jim Lecinski
Zero Moment of Truth
WINNING THE ZERO MOMENT OF TRUTH by Jim Lecinski
New Process
Customer
Company
Search
Engine
Results
Website
Social Media
Recommendations
Blogs
LinkedIn
Review
Sites
Google
Results
Twitter
YouTube
The Impact of Social Media
“Engagement with the customer today isn’t just pouring a message
down on their head and hoping they get wet.
It really is understanding that you must be present in a
conversation when they want to have it, not when you want to.
Pre-shopping before buying has become a huge, huge part of customer
behavior. In the past, it was pretty much confined to big-ticket items
like cars, or expensive electronics or homes. Now people engage
in discovery before shopping on very small things.
It’s crossed all categories of shopping behavior. It’s just the way people
buy today.”
— Bob Thacker
Gravitytank Strategic Advisor and former CMO of OfficeMax
WINNING THE ZERO MOMENT OF TRUTH by Jim Lecinski
The Impact of Social Media
Before ever entering a store, 62% of Millennial
shoppers already know what they want to buy
through prior online research. Eighty-four percent
of them say consumer-written content on brand
sites influences what they buy.
— Social Trends Report 2013
WINNING THE ZERO MOMENT OF TRUTH by Jim Lecinski
How can you control and
grow your online reputation?
Take Responsibility
Limit Autoresponses
Discover thyself
Have a social media plan to respond
Have a plan & be prepared
• 58.2% of brands receive customer complaints via social
media ‘occasionally.
• 26.1% of brands’ reputations have been tarnished as a
result of negative social media posts; 15.2% lost
customers and 11.4%lost revenue.
• 23.4% of brands not only do not have a strategy in place
to manage negative social commentary, but do not have
plans to develop one.
Source: Social Media Marketing University
Listen
Find a tool you can use
• Google Alerts
• Radian6
• Sprout Social
• Reputation.com
• Hootsuite
Source: Social Media Marketing University
Reviews Management - Reputation.com
Be Quick To Respond
Don’t Delay A Response
Source: Social Media Marketing University
Be Real
JUST RESPONDING CAN BE GOOD
• After seeing a brand response to a
review, 71% of consumers change their
perception of the brand.
- Bazzarvoice, 2014
Encourage
Your Fans
LET YOUR FANS HELP YOU GROW
• The number of reviews and average
rating on a product correlate closely with
conversion to purchase. In the Beauty
product category, when the number of
reviews increases from 1 to 15, we see a
56% increase in orders.
- Bazaarvoice, 2014
You can’t get rid of social media…
EMBRACE IT!
At the end of the day, we have one rule:
Make the customer happy. Take care of the
problem. And I think when you’re that open
and honest and transparent about trying to
resolve an issue, you immediately turn a
customer into an advocate.”
- Patrick Duncan, SVP eCommerce,
Helzberg Diamonds
Thanks & Good Luck!
630.803.0485
sraquel@iovmedia.com
@sraquel (twitter)

More Related Content

What's hot

TC Media - Insights from the 2013 Shopper Journey Study
TC Media - Insights from the 2013 Shopper Journey StudyTC Media - Insights from the 2013 Shopper Journey Study
TC Media - Insights from the 2013 Shopper Journey StudyIAB Canada
 
From Social to sale - Livre blanc - Visioncritical - Juin 2013
From Social to sale - Livre blanc - Visioncritical - Juin 2013From Social to sale - Livre blanc - Visioncritical - Juin 2013
From Social to sale - Livre blanc - Visioncritical - Juin 2013Lise Déchamps
 
Marketing: The Medium and the Message
Marketing: The Medium and the MessageMarketing: The Medium and the Message
Marketing: The Medium and the MessageAlison Circle
 
Voice of the Customer: Understand Customers through Surveys, Focus Groups, an...
Voice of the Customer: Understand Customers through Surveys, Focus Groups, an...Voice of the Customer: Understand Customers through Surveys, Focus Groups, an...
Voice of the Customer: Understand Customers through Surveys, Focus Groups, an...Americaneagle.com
 
ABCs of Social Selling and Building Your Global Brand in a World of Social Ca...
ABCs of Social Selling and Building Your Global Brand in a World of Social Ca...ABCs of Social Selling and Building Your Global Brand in a World of Social Ca...
ABCs of Social Selling and Building Your Global Brand in a World of Social Ca...SAP Ariba
 
Omma metrics larry freed
Omma metrics larry freedOmma metrics larry freed
Omma metrics larry freedMediaPost
 
Chapter 8: Human-Centric Marketing for Brand Attraction
Chapter 8: Human-Centric Marketing for Brand AttractionChapter 8: Human-Centric Marketing for Brand Attraction
Chapter 8: Human-Centric Marketing for Brand AttractionPam Buenaventura
 
Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015Planimedia
 
Steps to Social Media Success
Steps to Social Media SuccessSteps to Social Media Success
Steps to Social Media SuccessDMTI
 
Political Branding part 2
Political Branding part 2Political Branding part 2
Political Branding part 2Zeljko Zidaric
 
India shuns re-marketing - A DMTI Report
India shuns re-marketing - A DMTI ReportIndia shuns re-marketing - A DMTI Report
India shuns re-marketing - A DMTI ReportDMTI
 
Social Commerce
Social CommerceSocial Commerce
Social CommerceDev Ashish
 
Consumer Online Behavior: Developing Informed Marketing Strategies for Holida...
Consumer Online Behavior: Developing Informed Marketing Strategies for Holida...Consumer Online Behavior: Developing Informed Marketing Strategies for Holida...
Consumer Online Behavior: Developing Informed Marketing Strategies for Holida...Yes Lifecycle Marketing
 
Social Commerce Landscape SMW eBay
Social Commerce Landscape SMW eBaySocial Commerce Landscape SMW eBay
Social Commerce Landscape SMW eBayBrian Smith
 

What's hot (20)

TC Media - Insights from the 2013 Shopper Journey Study
TC Media - Insights from the 2013 Shopper Journey StudyTC Media - Insights from the 2013 Shopper Journey Study
TC Media - Insights from the 2013 Shopper Journey Study
 
social media listening
social media listeningsocial media listening
social media listening
 
Non Profits1
Non Profits1Non Profits1
Non Profits1
 
From Social to sale - Livre blanc - Visioncritical - Juin 2013
From Social to sale - Livre blanc - Visioncritical - Juin 2013From Social to sale - Livre blanc - Visioncritical - Juin 2013
From Social to sale - Livre blanc - Visioncritical - Juin 2013
 
Consumer Buying Behavior Part 2 of 2
Consumer Buying Behavior Part 2 of 2Consumer Buying Behavior Part 2 of 2
Consumer Buying Behavior Part 2 of 2
 
Consumer Buying Behavior Part 1 of 2
Consumer Buying Behavior Part 1 of 2Consumer Buying Behavior Part 1 of 2
Consumer Buying Behavior Part 1 of 2
 
Marketing: The Medium and the Message
Marketing: The Medium and the MessageMarketing: The Medium and the Message
Marketing: The Medium and the Message
 
Voice of the Customer: Understand Customers through Surveys, Focus Groups, an...
Voice of the Customer: Understand Customers through Surveys, Focus Groups, an...Voice of the Customer: Understand Customers through Surveys, Focus Groups, an...
Voice of the Customer: Understand Customers through Surveys, Focus Groups, an...
 
Consumer Behavior & Online Marketing
Consumer Behavior & Online MarketingConsumer Behavior & Online Marketing
Consumer Behavior & Online Marketing
 
ABCs of Social Selling and Building Your Global Brand in a World of Social Ca...
ABCs of Social Selling and Building Your Global Brand in a World of Social Ca...ABCs of Social Selling and Building Your Global Brand in a World of Social Ca...
ABCs of Social Selling and Building Your Global Brand in a World of Social Ca...
 
Omma metrics larry freed
Omma metrics larry freedOmma metrics larry freed
Omma metrics larry freed
 
Chapter 8: Human-Centric Marketing for Brand Attraction
Chapter 8: Human-Centric Marketing for Brand AttractionChapter 8: Human-Centric Marketing for Brand Attraction
Chapter 8: Human-Centric Marketing for Brand Attraction
 
MAR-411-CES-WA1
MAR-411-CES-WA1MAR-411-CES-WA1
MAR-411-CES-WA1
 
Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015
 
Steps to Social Media Success
Steps to Social Media SuccessSteps to Social Media Success
Steps to Social Media Success
 
Political Branding part 2
Political Branding part 2Political Branding part 2
Political Branding part 2
 
India shuns re-marketing - A DMTI Report
India shuns re-marketing - A DMTI ReportIndia shuns re-marketing - A DMTI Report
India shuns re-marketing - A DMTI Report
 
Social Commerce
Social CommerceSocial Commerce
Social Commerce
 
Consumer Online Behavior: Developing Informed Marketing Strategies for Holida...
Consumer Online Behavior: Developing Informed Marketing Strategies for Holida...Consumer Online Behavior: Developing Informed Marketing Strategies for Holida...
Consumer Online Behavior: Developing Informed Marketing Strategies for Holida...
 
Social Commerce Landscape SMW eBay
Social Commerce Landscape SMW eBaySocial Commerce Landscape SMW eBay
Social Commerce Landscape SMW eBay
 

Viewers also liked

Curriculum vitae of ali osman yildirim june 2016
Curriculum vitae of ali osman yildirim june 2016Curriculum vitae of ali osman yildirim june 2016
Curriculum vitae of ali osman yildirim june 2016Ali Osman YILDIRIM
 
Peintures Sur Mains3
Peintures Sur Mains3Peintures Sur Mains3
Peintures Sur Mains3Nickie
 
Onderwijsachterstanden
OnderwijsachterstandenOnderwijsachterstanden
OnderwijsachterstandenM.L. Reijven
 
Climate graphs and landscapes
Climate graphs and landscapesClimate graphs and landscapes
Climate graphs and landscapesAra Lucas
 
Slide share social media introduction by oliver de leeuw and salmaan (for dow...
Slide share social media introduction by oliver de leeuw and salmaan (for dow...Slide share social media introduction by oliver de leeuw and salmaan (for dow...
Slide share social media introduction by oliver de leeuw and salmaan (for dow...Oliver de Leeuw
 
Lessons Learnt from WooThemes
Lessons Learnt from WooThemesLessons Learnt from WooThemes
Lessons Learnt from WooThemesadii
 
Proposals powerpoint
Proposals powerpointProposals powerpoint
Proposals powerpointSam Beaney
 
Cast and Crew List 2
Cast and Crew List 2 Cast and Crew List 2
Cast and Crew List 2 Waka Ramanlal
 
Starting in the CG 3d industry
Starting in the CG 3d industryStarting in the CG 3d industry
Starting in the CG 3d industryPlamen Barzev
 
Presentación Web 2.0
Presentación Web 2.0Presentación Web 2.0
Presentación Web 2.0jalmeyda23
 
Freelancing ( applied communication)
Freelancing ( applied communication)Freelancing ( applied communication)
Freelancing ( applied communication)Pooja Gupta
 

Viewers also liked (20)

Curriculum vitae of ali osman yildirim june 2016
Curriculum vitae of ali osman yildirim june 2016Curriculum vitae of ali osman yildirim june 2016
Curriculum vitae of ali osman yildirim june 2016
 
Emirados Arabes Dubai
Emirados Arabes DubaiEmirados Arabes Dubai
Emirados Arabes Dubai
 
Peintures Sur Mains3
Peintures Sur Mains3Peintures Sur Mains3
Peintures Sur Mains3
 
Onderwijsachterstanden
OnderwijsachterstandenOnderwijsachterstanden
Onderwijsachterstanden
 
cv. andrie
cv. andriecv. andrie
cv. andrie
 
Climate graphs and landscapes
Climate graphs and landscapesClimate graphs and landscapes
Climate graphs and landscapes
 
Slide share social media introduction by oliver de leeuw and salmaan (for dow...
Slide share social media introduction by oliver de leeuw and salmaan (for dow...Slide share social media introduction by oliver de leeuw and salmaan (for dow...
Slide share social media introduction by oliver de leeuw and salmaan (for dow...
 
Fffffffffffffffffffff
FffffffffffffffffffffFffffffffffffffffffff
Fffffffffffffffffffff
 
12210315 pss7
12210315 pss712210315 pss7
12210315 pss7
 
Lessons Learnt from WooThemes
Lessons Learnt from WooThemesLessons Learnt from WooThemes
Lessons Learnt from WooThemes
 
Jip
JipJip
Jip
 
Proposals powerpoint
Proposals powerpointProposals powerpoint
Proposals powerpoint
 
Customer Loyalty Dps
Customer Loyalty DpsCustomer Loyalty Dps
Customer Loyalty Dps
 
Up cycle
Up cycleUp cycle
Up cycle
 
SupraVsH2
SupraVsH2SupraVsH2
SupraVsH2
 
Cast and Crew List 2
Cast and Crew List 2 Cast and Crew List 2
Cast and Crew List 2
 
Starting in the CG 3d industry
Starting in the CG 3d industryStarting in the CG 3d industry
Starting in the CG 3d industry
 
Alpha 3
Alpha 3Alpha 3
Alpha 3
 
Presentación Web 2.0
Presentación Web 2.0Presentación Web 2.0
Presentación Web 2.0
 
Freelancing ( applied communication)
Freelancing ( applied communication)Freelancing ( applied communication)
Freelancing ( applied communication)
 

Similar to Steve Raquel - SMW

Digital Media and Hospitality Industry
Digital Media and Hospitality IndustryDigital Media and Hospitality Industry
Digital Media and Hospitality IndustryWebenza India Pvt. Ltd
 
Getting an roi from social media
Getting an roi from social mediaGetting an roi from social media
Getting an roi from social mediaProhibition PR
 
Dropbox 2 point of view slide share
Dropbox 2 point of view slide shareDropbox 2 point of view slide share
Dropbox 2 point of view slide shareTyler Sledge
 
Webinar Social Selling for Sales Teams
Webinar Social Selling for Sales TeamsWebinar Social Selling for Sales Teams
Webinar Social Selling for Sales TeamsDoble Group, LLC
 
Reputation Management and Social Media in Cosmetic Surgery
Reputation Management and Social Media in Cosmetic SurgeryReputation Management and Social Media in Cosmetic Surgery
Reputation Management and Social Media in Cosmetic SurgeryCosmetic Social Media
 
How To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2Bs
How To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2BsHow To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2Bs
How To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2BsJonathan Wichmann
 
Digital marketing strategy for auto dealers e briks infotech
Digital  marketing strategy for auto dealers   e briks infotechDigital  marketing strategy for auto dealers   e briks infotech
Digital marketing strategy for auto dealers e briks infotechebriksinfotech
 
Social Media for Real Estate Agents (2011)
Social Media for Real Estate Agents (2011)Social Media for Real Estate Agents (2011)
Social Media for Real Estate Agents (2011)PR 20/20
 
Social Impact Media
Social Impact MediaSocial Impact Media
Social Impact MediaRalph Paglia
 
The 4 proven marketing systems every business must optimize to maximize reven...
The 4 proven marketing systems every business must optimize to maximize reven...The 4 proven marketing systems every business must optimize to maximize reven...
The 4 proven marketing systems every business must optimize to maximize reven...C-Suite Executive Leadership Forum
 
Médias sociaux - objectifs et indicateurs de performance - UNIGE 26 06 2015
Médias sociaux - objectifs et indicateurs de performance - UNIGE 26 06 2015Médias sociaux - objectifs et indicateurs de performance - UNIGE 26 06 2015
Médias sociaux - objectifs et indicateurs de performance - UNIGE 26 06 2015Yan Luong
 
Social Media for Real Estate Agents
Social Media for Real Estate AgentsSocial Media for Real Estate Agents
Social Media for Real Estate AgentsPR 20/20
 
Fluent: The Razorfish Social Influence Marketing Report
Fluent: The Razorfish Social Influence Marketing ReportFluent: The Razorfish Social Influence Marketing Report
Fluent: The Razorfish Social Influence Marketing ReportRazorfish
 
Razorfish fluent
Razorfish fluentRazorfish fluent
Razorfish fluentad_crystal
 
Social Influence Media by Fluent
Social Influence Media by FluentSocial Influence Media by Fluent
Social Influence Media by FluentRalph Paglia
 
Measuring Social Influence Marketing
Measuring Social Influence MarketingMeasuring Social Influence Marketing
Measuring Social Influence MarketingJulius Trujillo
 

Similar to Steve Raquel - SMW (20)

Digital Media and Hospitality Industry
Digital Media and Hospitality IndustryDigital Media and Hospitality Industry
Digital Media and Hospitality Industry
 
Getting an roi from social media
Getting an roi from social mediaGetting an roi from social media
Getting an roi from social media
 
Dropbox 2 point of view slide share
Dropbox 2 point of view slide shareDropbox 2 point of view slide share
Dropbox 2 point of view slide share
 
Webinar Social Selling for Sales Teams
Webinar Social Selling for Sales TeamsWebinar Social Selling for Sales Teams
Webinar Social Selling for Sales Teams
 
Reputation Management and Social Media in Cosmetic Surgery
Reputation Management and Social Media in Cosmetic SurgeryReputation Management and Social Media in Cosmetic Surgery
Reputation Management and Social Media in Cosmetic Surgery
 
How To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2Bs
How To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2BsHow To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2Bs
How To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2Bs
 
Digital marketing strategy for auto dealers e briks infotech
Digital  marketing strategy for auto dealers   e briks infotechDigital  marketing strategy for auto dealers   e briks infotech
Digital marketing strategy for auto dealers e briks infotech
 
Social Media for Real Estate Agents (2011)
Social Media for Real Estate Agents (2011)Social Media for Real Estate Agents (2011)
Social Media for Real Estate Agents (2011)
 
Social Impact Media
Social Impact MediaSocial Impact Media
Social Impact Media
 
ROI of Social Media
ROI of Social MediaROI of Social Media
ROI of Social Media
 
The 4 proven marketing systems every business must optimize to maximize reven...
The 4 proven marketing systems every business must optimize to maximize reven...The 4 proven marketing systems every business must optimize to maximize reven...
The 4 proven marketing systems every business must optimize to maximize reven...
 
Médias sociaux - objectifs et indicateurs de performance - UNIGE 26 06 2015
Médias sociaux - objectifs et indicateurs de performance - UNIGE 26 06 2015Médias sociaux - objectifs et indicateurs de performance - UNIGE 26 06 2015
Médias sociaux - objectifs et indicateurs de performance - UNIGE 26 06 2015
 
Social Media for Real Estate Agents
Social Media for Real Estate AgentsSocial Media for Real Estate Agents
Social Media for Real Estate Agents
 
Social Media for B2B Companies - Updated, 2012
Social Media for B2B Companies - Updated, 2012Social Media for B2B Companies - Updated, 2012
Social Media for B2B Companies - Updated, 2012
 
19279
1927919279
19279
 
19279
1927919279
19279
 
Fluent: The Razorfish Social Influence Marketing Report
Fluent: The Razorfish Social Influence Marketing ReportFluent: The Razorfish Social Influence Marketing Report
Fluent: The Razorfish Social Influence Marketing Report
 
Razorfish fluent
Razorfish fluentRazorfish fluent
Razorfish fluent
 
Social Influence Media by Fluent
Social Influence Media by FluentSocial Influence Media by Fluent
Social Influence Media by Fluent
 
Measuring Social Influence Marketing
Measuring Social Influence MarketingMeasuring Social Influence Marketing
Measuring Social Influence Marketing
 

Steve Raquel - SMW

  • 1.
  • 2. Today’s Agenda • IOV Media Background • Social Media #fails & #wins • The Truth About Your Online Brand • How Do You Protect & Grow Your Online Reputation
  • 3. Professional Resume • 20+ years in sports & brand marketing • 5 years in social media space • 1500+ LinkedIn Connections • 63 Klout Score • Manage more than 100 different Social Media Pages
  • 4. University of Illinois ’92-’93 B.S./M.S. in Advertising Honorary Varsity I Recipient Active with Alumni Association Guest Lecturer
  • 5. Step 1 - Defining your value and your audience • What is your company value? • Why do people buy your product or service? • Who is your target audience/those that you serve? • Why is your company better? Oakland Raiders Nick Roach Facebook Fans: 5000 Twitter Fans: 30.6K YouTube Views: 54,900
  • 6. Step 2 – Colors, typography and graphics • When choosing your colors, typography, and graphics, look for those elements that convey your value o Design elements play an important role for how you are perceived in the market • Are you a friendly and approachable company? Are you a strong, stable, secure company? o Whatever you want to be align your logo, colors, type and graphics around that ideal. Allied Van Lines Facebook Fans: 19,500 Twitter Fans: 4200 Leading Moving Company In Social Media
  • 7.
  • 17. The Truth • Between one and three bad online reviews would be enough to deter the majority (67%) of shoppers from purchasing a product or service, according to a Lightspeed Research study.
  • 18. THE SITUATION • Over half of Millennials (consumers aged 18 to 34) trust the opinions of strangers online over those of friends and family. "Social Trends Report 2012", Bazaarvoice, June 2012 • Majority of consumers (74 percent) rely on social networks to guide purchase decisions. (Gartner, July 2010)
  • 19. Social Media is impacting our reputation
  • 20. It has costs careers
  • 22. It’s changing the selling process
  • 25. Brands are slow to social media
  • 26. The Impact of Social Media “When consumers hear about a product today, their first reaction is ‘Let me search online for it.’ And so they go on a journey of discovery: about a product, a service, an issue, an opportunity. Today you are not behind your competition. You are not behind the technology. You are behind your consumer.” — Rishad Tobaccowala Chief Strategy & Innovation OfficerVivaKi The physical and digital worlds are now coming together. So it’s not about place; it’s about ANY place.” - Author Don Tapscott
  • 27. Today’s Reality • Customers want to know about you BEFORE they want to know about you. • Customers way of making a choice has become more transparent and more involved than ever before. • Consumers control your brand, not you. • Everyone is a brand.
  • 29. Tradition Shopping Model WINNING THE ZERO MOMENT OF TRUTH by Jim Lecinski
  • 30. Zero Moment of Truth WINNING THE ZERO MOMENT OF TRUTH by Jim Lecinski
  • 32. The Impact of Social Media “Engagement with the customer today isn’t just pouring a message down on their head and hoping they get wet. It really is understanding that you must be present in a conversation when they want to have it, not when you want to. Pre-shopping before buying has become a huge, huge part of customer behavior. In the past, it was pretty much confined to big-ticket items like cars, or expensive electronics or homes. Now people engage in discovery before shopping on very small things. It’s crossed all categories of shopping behavior. It’s just the way people buy today.” — Bob Thacker Gravitytank Strategic Advisor and former CMO of OfficeMax WINNING THE ZERO MOMENT OF TRUTH by Jim Lecinski
  • 33. The Impact of Social Media Before ever entering a store, 62% of Millennial shoppers already know what they want to buy through prior online research. Eighty-four percent of them say consumer-written content on brand sites influences what they buy. — Social Trends Report 2013 WINNING THE ZERO MOMENT OF TRUTH by Jim Lecinski
  • 34. How can you control and grow your online reputation?
  • 38. Have a social media plan to respond
  • 39. Have a plan & be prepared • 58.2% of brands receive customer complaints via social media ‘occasionally. • 26.1% of brands’ reputations have been tarnished as a result of negative social media posts; 15.2% lost customers and 11.4%lost revenue. • 23.4% of brands not only do not have a strategy in place to manage negative social commentary, but do not have plans to develop one. Source: Social Media Marketing University
  • 41. Find a tool you can use • Google Alerts • Radian6 • Sprout Social • Reputation.com • Hootsuite Source: Social Media Marketing University
  • 42. Reviews Management - Reputation.com
  • 43. Be Quick To Respond
  • 44. Don’t Delay A Response Source: Social Media Marketing University
  • 46. JUST RESPONDING CAN BE GOOD • After seeing a brand response to a review, 71% of consumers change their perception of the brand. - Bazzarvoice, 2014
  • 48. LET YOUR FANS HELP YOU GROW • The number of reviews and average rating on a product correlate closely with conversion to purchase. In the Beauty product category, when the number of reviews increases from 1 to 15, we see a 56% increase in orders. - Bazaarvoice, 2014
  • 49. You can’t get rid of social media…
  • 50. EMBRACE IT! At the end of the day, we have one rule: Make the customer happy. Take care of the problem. And I think when you’re that open and honest and transparent about trying to resolve an issue, you immediately turn a customer into an advocate.” - Patrick Duncan, SVP eCommerce, Helzberg Diamonds
  • 51. Thanks & Good Luck! 630.803.0485 sraquel@iovmedia.com @sraquel (twitter)

Editor's Notes

  1. ----- Meeting Notes (2/22/13 23:46) ----- United Breaks Guitars/McDonald's
  2. ----- Meeting Notes (2/22/13 23:46) ----- United Breaks Guitars/McDonald's
  3. https://www.youtube.com/watch?v=ZUG9qYTJMsI
  4. www.youtube.com/watch?v=NEcZmT0fiNM
  5. @ vs. D. Christopher Lee Paterno
  6. 106% growth.
  7. Today, people share 30 billion pieces of content on Facebook and over 5 billion tweets — about a quarter of which contain links to content — per month. In July this year, Rand Fishkin of search engine authority SEOmoz.org performed a series of experiments to see if 1) social shares affected Google search results, and 2) how quickly those results appeared. (Find the full details on the experiment here.) Spoiler Alert: In every test Fishkin performed, tweets and Google+ shares dramatically affected the rank of new, previously unindexed content. The results in most cases were nearly instant.