Use of Social Media in Consumer Marketing Dr. Tracy Irani Professor - - PowerPoint PPT Presentation

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Use of Social Media in Consumer Marketing Dr. Tracy Irani Professor - - PowerPoint PPT Presentation

Use of Social Media in Consumer Marketing Dr. Tracy Irani Professor and PIE Center Development Director, University of Florida/IFAS/AEC Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC What is the PIE Center? The


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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

  • Dr. Tracy Irani

Professor and PIE Center Development Director, University of Florida/IFAS/AEC

Use of Social Media in Consumer Marketing

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

What is the PIE Center?

  • The Center for Public Issues Education in

Agricultural and Natural Resources

  • Under the umbrella of the Agricultural Education

and Communication Department within IFAS at the University of Florida

  • The mission of the PIE Center is to enhance the

understanding of agriculture, the natural resources and the environment by providing research-based solutions that address important societal issues and raise public and policymaker awareness.

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

The social media bandwagon: Are you on board?

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

…because everyone else is!

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

http://www.youtube.com/watch?v=lFZ0z5Fm-Ng

Video

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

So, why bother?

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

“It is not necessary to change, survival is not mandatory.”

~ W. Edwards Demming

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

1. The Jones’ – Facebook 2. Sharing – Blogs, Twitter, Bookmarking 3. Training Education – YouTube, Podcasts 4. Branding (Corporate) – Blogging, Twitter, YouTube, Wikipedia, Social bookmarking, podcasting, Facebook 5. Branding (Personal) – Blogging, Twitter, YouTube, Social bookmarking, podcasting, Facebook, Linkedin 6. Customer Service – Twitter, Blogging, Wikis, Branded social networks 7. Presence – Blogging, Wikipedia, Podcasting, Facebook, Twitter, Secondlife (Product testing)

Why bother?

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

Product Marketing

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

There are three activities that the product marketer can engage in with social media:

  • 1. Monitor – who is saying what of interest
  • 2. Engage – interact with customers,

analysts, consultants, competitors

  • 3. Broadcast – create content, tweet
  • riginal thoughts, post to SlideShare, etc.

Product Marketing

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

Case Studies

  • Coca Cola was second brand to sponsor

soccer’s World Cup as a “trending topic”

  • n Twitter – 86mm views in 24 hours
  • Vitamin Water’s latest flavor was

created by Facebook fans-more than one million fans of the VM Facebook page now feel ownership in the product

  • Famers in Chicago use their Facebook

page to alert customers about what’s in season

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

If you treat social media as a …

How to?

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

… then it will be.

How to?

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

Create “White Gloved” consumer engagement.

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

  • Enable your own

branded social platform.

  • Provide a unique

destination.

Community and Social Networking

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

  • Social media can…

– Enable on-going two-way dialogue. – Actively solicit feedback and opinions.

Research, Education, and Feedback

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

  • Build brand loyalty through interactive

involvement.

  • Create massive jump in mind share.
  • Convert customers into well-informed

advocates.

Activities, Evangelism, and Advocacy

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

  • Provide tools that allow advocates to

create and easily distribute their own consumer-generated content.

  • Application programming interfaces (APIs)

and widgets allow integration and syndication of content into social networks and blogs.

Viral & Buzz, Widgets & API

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

  • Track participation through reward-based

points and member-leveling systems

  • Use VIP access to events, product

samples, and gift cards as rewards.

Loyalty, Rewards, and CRM Integration

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

1) Be visible: get Facebook. 2) Appoint a social media person.

Best Management Practices (BMPs)

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

3) Tell your company story.

Best Management Practices (BMPs)

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4) Use polls and questions to stimulate activity.

Best Management Practices (BMPs)

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5) Limit posts to 1-2 per day or 5-7 per week.

Best Management Practices (BMPs)

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Use of Social Media in Consumer Marketing, Dr. Tracy Irani, UF/IFAS/AEC

Thank you for your time today!

Questions? Contact Dr. Irani: irani@ufl.edu www.thePIEcenter.com 352-392-0502, ext. 225