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getting it right for small businesses
Social Media getting it right for small businesses
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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
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My Journey
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The IMPACT OF social Media
for small businesses
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There are nearly 7.5 billion people on earth and nearly 2 billion use social networks from a mobile device. More stats:
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Social networks LinkedIn
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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
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Source: http://www.socialmediaexaminer.com/measure-social-media-roi/
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Source: https://komfo
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Source: http://www. steinarknutsen
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Source: MushakRaj Solutions
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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:
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is key to our marketing strategy
WHY social Media is key to our marketing strategy
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Source: http://webquacker. com
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Platforms http://facebook.com/businessclan @BusinessClan
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Source: http://bit.ly/2dIzPJH
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People buy from people that they know, like and trust
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Challenges & Pitfalls for small businesses
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Challenge #1 TIME
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Timely responses Source via HubShout
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Challenge #2 MONEY
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Pitfall #1 NO STRATEGY
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1 2 3 4 5 Source:
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Pitfall #2 NO RESEARCH
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Lack of research 4 July post
The challenger exploding – NOT a cloud or some type of firework!
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Pitfall #3 SILOS
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Source http://www.media-mosaic.com/
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ACTIVITY Price Proposal
for a small businesses
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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
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getting it right for small businesses
MARKETING TOP TIPS getting it right for small businesses
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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
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Source: quozio.com
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getting it right for small businesses
Q&A Marketing getting it right for small businesses Delia Porter Founder & Managing Director
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