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getting it right for small businesses

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Presentation on theme: "getting it right for small businesses"— Presentation transcript:

1 getting it right for small businesses
Social Media getting it right for small businesses

2 Agenda My journey – how marketing has been integral to my career
The impact of social media for small businesses Why social media is key to our marketing strategy What are the challenges & pitfalls? Activity – present an outline marketing proposal Top tips on getting it right Q&A

3 My Journey

4

5 The IMPACT OF social Media
for small businesses

6 There are nearly 7.5 billion people on earth and nearly 2 billion use social networks from a mobile device. More stats:

7

8

9 Social networks LinkedIn

10 Pros & Cons Social Media Traditional Media Inexpensive Time consuming
Interactive / engaging Disseminates rapidly Measurable Traditional Media Expensive Short term results One way / non-reciprocal Permanent / tangible Hard to measure

11

12 Source: http://www.socialmediaexaminer.com/measure-social-media-roi/

13

14 Source: https://komfo

15 Source: http://www. steinarknutsen

16 Source: MushakRaj Solutions

17 Percentage of revenue spent on marketing
Average spend = 9% for companies with >$25m in annual revenue Average spend = 11% <$25m in annual revenue Apple spends 7% Microsoft spends 18% Twitter spends 43% Aug 2014 Source:

18 is key to our marketing strategy
WHY social Media is key to our marketing strategy

19 Source: http://webquacker. com

20 Platforms http://facebook.com/businessclan @BusinessClan

21

22 Source: http://bit.ly/2dIzPJH

23 People buy from people that they know, like and trust

24

25 Challenges & Pitfalls for small businesses

26 Challenge #1 TIME

27

28 Timely responses Source via HubShout

29 Challenge #2 MONEY

30

31 Pitfall #1 NO STRATEGY

32 1 2 3 4 5 Source:

33 Pitfall #2 NO RESEARCH

34 Lack of research 4 July post
The challenger exploding – NOT a cloud or some type of firework!

35 Pitfall #3 SILOS

36 Source http://www.media-mosaic.com/

37 ACTIVITY Price Proposal
for a small businesses

38 Two scenarios – How can you help?
Business 2 Consumer (B2C) Barbers Shop Business 2 Business (B2B) Start-up Consultancy Background 5 chairs 3 to 4 barbers Sell product Owner’s income £20K Objective Increase income by 50% Background Owner is an experienced consultant specialising in helping garage owners to manage their businesses Just moved from Australia to UK, so no contacts in the UK Has £10K to start-up Objective Make £40K in the first year

39 getting it right for small businesses
MARKETING TOP TIPS getting it right for small businesses

40 Plan, action, grow PLAN Set goals, create a strategy, make a plan & communicate it to your team ACTION Implement the plan & manage your resources (time & money) GROW To stay ahead you must continually measure ROI, review & improve

41 Source: quozio.com

42 getting it right for small businesses
Q&A Marketing getting it right for small businesses Delia Porter Founder & Managing Director


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