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The Brave New Of Social Media World Kevin Read, Managing Director, Bell Pottinger Business & Brand Presentation for CIPR Northern Conference, 2011
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“Nothing is so painful to the human mind as a great and sudden change.” Mary Shelley
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The Old Way
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How Life Has Changed
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The Business Benefits More innovation More effective marketing Better access to knowledge Lower cost of doing business Higher revenues Networked companies Source: McKinsey & Co.
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Client Gains Better interactions with customers Increased customer awareness/understanding of products Improved customer satisfaction Faster access to expertise outside a company Source: McKinsey & Co.
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“From Broadcast … …to Dialogue”
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The New Considerations Community Content Conversation
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What Clients Are Demanding Channel neutral responses More value for money Integration of media relations with social media Longer lasting campaigns More measurable results
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How Consultancies Are Adapting Identifying skills gaps Providing coaching/training/qualifications – re: social media Integrating digital solutions Looking at new ways to measure impact Planning longer campaigns Greater use of seeding and media story follow-up
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New Thinking Social Media Impact Spike and Curve
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I M P A C T T I M E 2) COMMUNITIES MAPPING DIRECT REACH PRE-ALERT 3) CONVERSATIONS STIMULATE OPINIONS RE-REACH MEDIA RELATIONS 1) CONTENT VIDEO, SOUND, PICTURES MEDIA RELATIONS The Three Cs: Content, Community, Conversation Adding Social Media Content Reaching Communities Directly Stimulate Conversations The Spike Of Media Relations
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Case Study Impact Nuts and Bolts
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Unilever Sustainable Living Plan Results 14
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Down The Line Web 2.0 integrated into daily work Increased information sharing Less hierarchical information flows Collaboration across silos Tasks tackled in project based way
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Final Thoughts Social media is transforming PR The power of the ‘traditional’ journalist will continue to decline ‘Broadcast’ is rapidly being displaced by ‘dialogue’ New entrants to the profession – will need to master integrated approaches (the 3Cs) In the future PRs will be the both the shaper and stimulator of conversations
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Contact Kevin Read Managing Director Bell Pottinger Business & Brand 5th Floor Holborn Gate 26 Southampton Buildings London WC2A 1BP Tel: 020 7861 2467 Email: kread@bell-pottinger.co.uk
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