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Practical Social Media For Business
      October 2010, Accelerate Maine
Presented by Leslie Poston, Magnitude Media
Overview
Working With Outside The Box Tools
Social Accounting
Social Law
Social Health
Social Customer Service
Social Back Office
Metrics, Measurement, ROI
Social BusinessToolbox
The Tools Aren’t New.
    Just Different.
JAN 16 1978
This was the day that social networking was born.
All of today’s social networks are descendants of
CBBS (Computerized Bulletin Board System),
created in two weeks by Ward Christensen and
Randy Suess. It enabled members of the Chicago
Area Computer Hobbyists Exchange to post and
view notices on an electronic bulletin board,
effectively becoming the world’s first on-line
community.
Research study: “Social Network Hierarchies and
their Impact on Business”
Sample: 2322 persons ages 6-54
“Thinking Outside The Box”

       At some point you have to be able
  to bring it back in the box for your company
to succeed with these new tools and techniques.
Social Media is to the office today
What Lotus was to the office years ago


     Just another tool to master
Leave “Social” Stumbling
      Blocks Behind
Think: ADAPTIVE MEDIA
FLEX
Your Day to Day
   Business
Leave Silos Behind
Fluid & Open
Infrastructure
Email
✓ Invert your sales funnel

✓ Use opt in value such as
  newsletters to create evangelists
✓ Give before you ask
Retention practices
          + value
= positive emotional branding
✓ Your blog is the first touchpoint for
  interaction with your customer and potential
  customer that you OWN
✓ Your blog should be the heart of your
  website
✓ Your website should be the hub for all of
  your social spokes
Thanks to openlearn.open.ac.uk for the images
Competitive
Intelligence
• LinkedIn   • Yelp       • Compete
• Twitter    • Location   • Alerts
• Search     • Blogs      • Reader
• Facebook   • Ratings    • Comments
Inside The Office
✓ LinkedIn
   - helps the firm understand the relationships among its own people and
   those in other organizations.

   -helps the firm keep up with issues employees may be concerned about

✓ Yammer
   -incorporates expense reports, communication, project items, customer
   support and more

✓ Instant Message
   -streamline responses, eliminate time wasted tracking each other down,
   paper trail

✓ Collaborative Project Management (Basecamp) or Agile Project
   Management (PivotalTracker)
Human Resources
✓ Hire 2.0
✓ Policy
✓ Guidelines
✓ Privacy
Front Office
✓ Triage - ER wait times
✓ Dispatch - Road Closures
✓ Reception - Social Scheduling Tools
✓ Virtual Office
✓ Flexible Time
•   Bantam Live (Twitter plus CRM)

•   71% claim reviews from family members or friends exert a "great deal" or "fair
    amount" of influence on purchases - harness social web influence/trust -
    Harris Poll

•   53% of people on Twitter recommend companies and/or products in their
    Tweets, with 48% of them delivering on their intention to buy the product. -
    ROI Research for Performance, June 2010

•   Nearly two-thirds (64%) of the UK population have researched products/
    services online within the last 3 months. - European Commission 2010

•   Rubbermaid found that, when they add reviews to their free-standing inserts
    (which are mailed/put in newspapers), conversion for the coupons increases
    by 10%. This is proof that reviews impact offline advertising and in-store
    behavior. - Rubbermaid Case Study, April 2010.)

•   Giving shoppers the ability to sort products within a category by customer
    rating led to a sales increase of 41% per unique visitor. - PETCO, June 2007
By 2020, 84% of marketers agree that building customer trust will become
marketing’s primary objective, and 82% agree that collaboration with
customers will prevail over marketing.
~1to1 Media survey of the 1to1 Xchange panel, April 2008




I would argue that this day is already here
Customer Service
The Customer Is NOT
    Always Right
     (but how you treat them still matters)
• Cross Train
• Checkpoints
• Sometimes,
  Answer = No

• Follow Through
• Follow Up
Toolbox
Productivity
✓ Huddle        ✓ Cloud Storage
✓ Basecamp      ✓ Teamwork PM
✓ Zoho          ✓ Reader
✓ DeskAway      ✓ CollectiveX
✓ Doodle        ✓ MindMeister
✓ Google Docs   ✓ Prezi
Accounting
Small Business or Freelancer
                               Large Company

         Freshbooks                 Q &A
           Xpensr                   Polling
             Mint              Controlled Advice
     Shared Spreadsheets           Outreach
                                Online Payment
Law
If you are a lawyer, and you have not yet
started learning everything you can about
social media so you can practice law in a
social age, you are behind.
You are behind law students who are ahead
of you.
You are behind lawyers who are already
teaching people the ropes.
Back Office
Online Portal for Deliverables
     PDF Replace Tear Sheets
                 Online Billing
              Online Payment
                    CRM Apps
             Monitoring Tools
                 Virtual Teams
Metrics
• If you want to change behaviors you first
  must measure them
• Goal setting is key
• Peer pressure element of social media
  helps success in office use
• SEO/SMO
• Social Media Arcs
•   Sales

•   Customers

•   Leads

•   Interest                    ROI
•   Reservations

•   Merchandise

•   Bookings

•   Make it all trackable
    (hashtags, keywords, embedded code, QR
    codes, location, more)
(Q&A Session)
Leslie Poston, Magnitude Media
                         @leslie or @magnitudemedia on Twitter
                       800•501•4049 phone | 928•438•5038 fax
                               leslie@magnitudemedia.net
                                          Co-Author: Twitter for Dummies (Wiley, 2009+)
                                           Contributor: Social Media ProBook (Eloqua)
                                       Author: Grande Guide to Social Advertising (Eloqua)
                                      Author: Social Media Metrics for Dummies (Wiley, 2012)

                     If you enjoyed my presentation, won’t you recommend me on LinkedIn?
                                        http://linkedin.com/in/leslieposton

                                   Connect with Magnitude Media’s pages also:
                               http://www.linkedin.com/company/magnitude-media
                                       http://facebook.com/magnitudemedia
                                             http://magnitudemedia.net




©Leslie Poston, All Rights Reserved

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Practical Social Media Applications for Business

  • 1. Practical Social Media For Business October 2010, Accelerate Maine Presented by Leslie Poston, Magnitude Media
  • 2. Overview Working With Outside The Box Tools Social Accounting Social Law Social Health Social Customer Service Social Back Office Metrics, Measurement, ROI Social BusinessToolbox
  • 3. The Tools Aren’t New. Just Different.
  • 4. JAN 16 1978 This was the day that social networking was born. All of today’s social networks are descendants of CBBS (Computerized Bulletin Board System), created in two weeks by Ward Christensen and Randy Suess. It enabled members of the Chicago Area Computer Hobbyists Exchange to post and view notices on an electronic bulletin board, effectively becoming the world’s first on-line community. Research study: “Social Network Hierarchies and their Impact on Business” Sample: 2322 persons ages 6-54
  • 5. “Thinking Outside The Box” At some point you have to be able to bring it back in the box for your company to succeed with these new tools and techniques.
  • 6. Social Media is to the office today What Lotus was to the office years ago Just another tool to master
  • 7. Leave “Social” Stumbling Blocks Behind Think: ADAPTIVE MEDIA
  • 8. FLEX Your Day to Day Business
  • 11. Email
  • 12. ✓ Invert your sales funnel ✓ Use opt in value such as newsletters to create evangelists ✓ Give before you ask
  • 13. Retention practices + value = positive emotional branding
  • 14.
  • 15. ✓ Your blog is the first touchpoint for interaction with your customer and potential customer that you OWN ✓ Your blog should be the heart of your website ✓ Your website should be the hub for all of your social spokes
  • 18. • LinkedIn • Yelp • Compete • Twitter • Location • Alerts • Search • Blogs • Reader • Facebook • Ratings • Comments
  • 20. ✓ LinkedIn - helps the firm understand the relationships among its own people and those in other organizations. -helps the firm keep up with issues employees may be concerned about ✓ Yammer -incorporates expense reports, communication, project items, customer support and more ✓ Instant Message -streamline responses, eliminate time wasted tracking each other down, paper trail ✓ Collaborative Project Management (Basecamp) or Agile Project Management (PivotalTracker)
  • 22. ✓ Hire 2.0 ✓ Policy ✓ Guidelines ✓ Privacy
  • 24. ✓ Triage - ER wait times ✓ Dispatch - Road Closures ✓ Reception - Social Scheduling Tools ✓ Virtual Office ✓ Flexible Time
  • 25.
  • 26. Bantam Live (Twitter plus CRM) • 71% claim reviews from family members or friends exert a "great deal" or "fair amount" of influence on purchases - harness social web influence/trust - Harris Poll • 53% of people on Twitter recommend companies and/or products in their Tweets, with 48% of them delivering on their intention to buy the product. - ROI Research for Performance, June 2010 • Nearly two-thirds (64%) of the UK population have researched products/ services online within the last 3 months. - European Commission 2010 • Rubbermaid found that, when they add reviews to their free-standing inserts (which are mailed/put in newspapers), conversion for the coupons increases by 10%. This is proof that reviews impact offline advertising and in-store behavior. - Rubbermaid Case Study, April 2010.) • Giving shoppers the ability to sort products within a category by customer rating led to a sales increase of 41% per unique visitor. - PETCO, June 2007
  • 27. By 2020, 84% of marketers agree that building customer trust will become marketing’s primary objective, and 82% agree that collaboration with customers will prevail over marketing. ~1to1 Media survey of the 1to1 Xchange panel, April 2008 I would argue that this day is already here
  • 29. The Customer Is NOT Always Right (but how you treat them still matters)
  • 30. • Cross Train • Checkpoints • Sometimes, Answer = No • Follow Through • Follow Up
  • 32. Productivity ✓ Huddle ✓ Cloud Storage ✓ Basecamp ✓ Teamwork PM ✓ Zoho ✓ Reader ✓ DeskAway ✓ CollectiveX ✓ Doodle ✓ MindMeister ✓ Google Docs ✓ Prezi
  • 34. Small Business or Freelancer Large Company Freshbooks Q &A Xpensr Polling Mint Controlled Advice Shared Spreadsheets Outreach Online Payment
  • 35. Law
  • 36. If you are a lawyer, and you have not yet started learning everything you can about social media so you can practice law in a social age, you are behind. You are behind law students who are ahead of you. You are behind lawyers who are already teaching people the ropes.
  • 37. Back Office Online Portal for Deliverables PDF Replace Tear Sheets Online Billing Online Payment CRM Apps Monitoring Tools Virtual Teams
  • 38. Metrics • If you want to change behaviors you first must measure them • Goal setting is key • Peer pressure element of social media helps success in office use • SEO/SMO • Social Media Arcs
  • 39. Sales • Customers • Leads • Interest ROI • Reservations • Merchandise • Bookings • Make it all trackable (hashtags, keywords, embedded code, QR codes, location, more)
  • 41. Leslie Poston, Magnitude Media @leslie or @magnitudemedia on Twitter 800•501•4049 phone | 928•438•5038 fax leslie@magnitudemedia.net Co-Author: Twitter for Dummies (Wiley, 2009+) Contributor: Social Media ProBook (Eloqua) Author: Grande Guide to Social Advertising (Eloqua) Author: Social Media Metrics for Dummies (Wiley, 2012) If you enjoyed my presentation, won’t you recommend me on LinkedIn? http://linkedin.com/in/leslieposton Connect with Magnitude Media’s pages also: http://www.linkedin.com/company/magnitude-media http://facebook.com/magnitudemedia http://magnitudemedia.net ©Leslie Poston, All Rights Reserved

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