1 Chapter 22: Social Media and Marketing Copyright Cengage Learning 2013 All Rights Reserved Introduction to Designed & Prepared by Laura Rush B-books,

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Presentation transcript:

1 Chapter 22: Social Media and Marketing Copyright Cengage Learning 2013 All Rights Reserved Introduction to Designed & Prepared by Laura Rush B-books, Ltd.

2 Describe social media, how it is used, and its relation to integrated marketing communications Explain how to create a social media campaign Evaluate the various methods of measurement for social media Explain consumer behavior on social media Describe the social media tools in a marketer’s toolbox and how they are useful Describe the impact of mobile technology on social media Learning Outcomes LO 1 LO 2 LO 3 LO 6 LO 5 LO 4 Copyright Cengage Learning 2013 All Rights Reserved

3 Social Media Tools and Platforms Media sharing sites Microblogs Blogs Social networks Copyright Cengage Learning 2013 All Rights Reserved

4 Social Media and Consumers At the basic level, social media consumers want to: exchange information collaborate with others have conversations It is up to the marketer to DECIDE if ENGAGING in those conversations will be PROFITABLE and to find the most effective method of ENTERING the conversation. Copyright Cengage Learning 2013 All Rights Reserved

5 Social Commerce a subset of e-commerce that involves the interaction and user contribution aspects of social online media to assist online buying and selling of products and services. Social Commerce is… Copyright Cengage Learning 2013 All Rights Reserved

6 Crowdsourcing Using consumers to develop and market product. Copyright Cengage Learning 2013 All Rights Reserved

7 Categorizing Media Types Owned Media Earned Media Paid Media Copyright Cengage Learning 2013 All Rights Reserved

8 The Listening System The first action a marketing team should take when initiating a social media campaign is simple: LISTEN Copyright Cengage Learning 2013 All Rights Reserved

9 Three Areas of Measurement Social media measurement Public relations measurement Social media monitoring Copyright Cengage Learning 2013 All Rights Reserved

10 Categories of Social Media Users Creators Critics Collectors Joiners Spectators Inactives Copyright Cengage Learning 2013 All Rights Reserved

11 Blogs Noncorporate Blogs Blog Corporate Blogs Independent blogs that are not associated with the marketing efforts of any particular company or brand. A publicly accessible Web page that functions as an interactive journal, whereby readers can post comments on the author’s entries. Blogs that are sponsored by a company or one of its brands and maintained by one or more of the company’s employees. Copyright Cengage Learning 2013 All Rights Reserved

12 Microblogs Microblogs are blogs with strict post limits. Useful for disseminating news, promoting longer blog posts, sharing links, announcing events, and promoting sales. The ways a business can use Twitter to engage customers are almost LIMITLESS. Copyright Cengage Learning 2013 All Rights Reserved

13 Social Networks Marketing Goals for Social Networking Sites Increasing awareness Targeting audiences Promoting products Forging relationships Highlighting expertise and leadership Attracting event participants Performing research Generating new business Copyright Cengage Learning 2013 All Rights Reserved

14 Media Sharing Sites Web sites that allow users to upload and distribute multimedia content like videos and photos. Media Sharing Sites are… Copyright Cengage Learning 2013 All Rights Reserved

15 Social News Sites Web sites that allow users to decide which content is promoted on a given Web site by voting that content up or down. Copyright Cengage Learning 2013 All Rights Reserved

16 Location-Based Social Networking Sites Web sites that combine the fun of social networking with the utility of location-based GPS technology Location-Based Social Networking Sites Copyright Cengage Learning 2013 All Rights Reserved

17 Review Sites Web sites that allow consumers to post, read, rate, and comment on opinions regarding all kinds of products and services. Review Sites are… According to Nielsen Media Research, more than 70 PERCENT of consumers said they trusted online consumer opinions. Copyright Cengage Learning 2013 All Rights Reserved

18 Virtual Worlds and Online Gaming Virtual worlds and online gaming include massive multiplayer online games (World of Warcraft) and online communities (Second Life). Almost 800 million people participated in some sort of virtual world experience. Annual revenue near $1 billion. Nearly 25 percent of people play games within social networking sites. Copyright Cengage Learning 2013 All Rights Reserved

19 Mobile and Smartphone Technology More than 25 percent of the world’s population owns a mobile phone More than 75 percent of the U.S. population owns a mobile phone U.S. mobile marketing spending reached nearly $593 million in 2010 Copyright Cengage Learning 2013 All Rights Reserved

20 Applications and Widgets Apps Widgets Harness mobile technology Platform-specific or convert existing content to mobile format Can generate buzz and customer engagement aka “gadgets” or “badges” Run within existing online platforms Cheaper to develop Extend reach beyond existing platforms Copyright Cengage Learning 2013 All Rights Reserved