By Anil Bharadwaj Secretary General Federation of Indian Micro and Small & Medium Enterprises (FISME) Increasing chamber of commerce outreach & the power.

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Presentation transcript:

By Anil Bharadwaj Secretary General Federation of Indian Micro and Small & Medium Enterprises (FISME) Increasing chamber of commerce outreach & the power of social media

 Limited reach  High cost  One-way communication  Printing technology, telephony and television are improvements but they too suffer from the same limitations although to a lesser degree Traditional Outreach: The Town Crier Model

 Print publications: Newsletters, journals, studies etc.  PR & Media outreach: Press Release & Press Conference  Events  Mail & Telephony  Advertising: Print & electronic Modern Town Crier Model: Different Channels

 Based on Internet – the info superhighway or infobahn  Nearly 100% Reach  At minimum or no cost  Allows 2-way communication New Age Infobahn Outreach: The Digital Drummer Model

“The Internet is becoming the town square for the global village of tomorrow” – Bill Gates New Age Infobahn Outreach: Internet as a game changer

 Printing technology, telephony and television replaced the town crier  The Internet is fast replacing all previous known forms of communication New Age Infobahn Outreach: Internet as a game changer

 Internet users have grown from 360 million in 2000 to 2.26 billion in 2011  A growth of 528.1% & still growing Internet as a game changer: Mushrooming Network

 Internet Penetration up from 6% to 32.7% of global population in 11 yrs  All Indian industrial MSMEs – FISME’s target group – likely to have Internet access by 2015 Internet Is The Future: Rapidly moving towards 100% Reach

“The new information technology... Internet and ... have practically eliminated the physical costs of communications” - Peter Drucker Internet Is The Future: Costless Communication

 Internet allows two-way communication that was impossible in The Town Crier Model  Social Media best platform for conversations Internet Is The Future: Two-way Street

  E-Newsletters & E-Publications  Websites  Social Media The Digital Drummer Model : Different Channels

 Enhance Image  Enhance Influence  Reach A Vast Universe  At minimum cost  With maximum speed  With limited resources FISME’s Outreach Strategy: Challenges

 Image can be enhanced with one- way communication  Reach more and more people  Send out positive messages FISME’s Outreach Goals: Enhancing Image

 Enhancing Influence requires building relationships and consensus  Possible only through two-way conversations FISME’s Outreach Goals: Enhancing Influence

 FISME’s outreach universe is vast - nearly 13 million industrial MSMEs  Impossible to reach via Town Crier model  Even if we can reach a part via Town Crier model, costs would be prohibitive FISME’s Outreach Goals: Reach A Vast Universe

 E-newsletter: Already reaching 2,00,000 Indian MSMEs  Target: 1 million in next 2 months  Very low cost  Can be done with minimal editorial & design resources FISME’s Outreach Experience Solving The Reach Problem: E-newsletter

 Website made more dynamic, attractive & useful to visitors  Website reaching 100 million Indian users & 2.2 billion across the world FISME’s Outreach Experience Solving The Reach Problem: Website

 Facebook already reaches 900 million users globally & growing  Over 45 million users in India  Roughly 50% of all Indian Internet users are also on Facebook/LinkedIn FISME’s Outreach Experience Solving The Reach Problem: Social Media

 Launched Social Media initiative  Focus now more on Facebook & LinkedIn  Google+, Blog, Twitter, YouTube, ShareSlide etc. also there FISME’s Outreach Experience: Solving the Conversation problem

Social Media allows us to do all these things at a rapid pace Influence = Relationship Building = Social Media Cohen Bradford Influence Without Authority Model

 Rapid growth with minimum cost/effort  No. of Fans & Friends already 317  No. of Fans of Friends up from 8,976 on Mar 21 to 33,868 0n May 21  Number of cities we reach out to – 16 Power of Social Media: FISME’s Experience of Facebook

 Average weekly reach has gone up from 178 to 852  Analytics show conversations and engagement is taking place  Content is King Power of Social Media: FISME’s Experience of Facebook

 Number of connections on our profile – 256  Number of members on MSME India group created by us – 69  Connections we are reaching out to through our network – 1,05,700 Power of Social Media: FISME’s Experience of LinkedIn

 By 2020, the average Indian will be only 29 years old, compared to 37 years in China and US; 45 years in West Europe; and 48 years in Japan  Social Media also helps to reach future entrepreneurs and young entrepreneurs Power of Social Media: Taking Care of Demographics

 Greater reach via e-newsletter & social media driving up website traffic  More & more people joining FISME’s network FISME’s Experience of Social Media: Achieving Reach & Influence

 No training required  Internet users already know how to use Social Media  To overcome initial fear of new technology one hand-holding session is good enough Social Media: Ease of Use

 Marketing brands & products is complex & controversial  Elected leadership need not bother about this unless they wish to learn for their own businesses  Simple outreach requires little technical expertise  Understanding what interests target groups is enough Using Social Media: Marketing Vs Outreach

 “Hard copy” has its uses:  Greater shelf-life  Greater impact on Image enhancement  Better for serious discourse  Greater brand recall  Better documentation Using Social Media: Town Crier Model has its uses

 Use Social Media primarily for greater outreach and for enhancing Influence  Use Town Crier Model for Image & Brand Building  Use both to make Mass Media to come to you instead of vice-versa  Use online news tracking tools to identify Mass Media targets  Work on Mass Media Targets online & offline FISME’s Outreach Strategy: Walking on Two Legs Outreach Town Crier Model ImageInfluence Digital Drummer Model Outreach

Thank You!