SOCIAL MEDIA MARKETING TRENDS IN TURKEY
|
|
- Doreen Hicks
- 8 years ago
- Views:
Transcription
1 SOCIAL MEDIA MARKETING TRENDS IN TURKEY June 2012
2
3 About the Authors AYŞEGÜL TOKER is a professor of Information Systems at the Department of Management, and the Dean of the Faculty of Economics and Administrative Sciences, Boğaziçi University. She has research interests and various publications in the areas of social networks and media, mobile marketing, e-business and e-commerce, customer relationship management, and customer-knowledge management. You can contact her by at tokera@boun.edu.tr MİNA SERAJ is a Ph.D. candidate of marketing at Boğaziçi University and has a B.A. degree in Economics from University of Pennsylvania. Her publications and research interests include online consumer culture, social networks, social media marketing, and word-ofmouth. She also has professional marketing experience as well as consulting experience in many industries prior to her studies. You can contact her by at mina.seraj@boun.edu.tr. BURCU BIÇAKÇI ERSOY is a management consultant with the Istanbul office of Egon Zehnder International. She leads the Technology and Telecommunication Practice in Turkey and is an active member of the practice in the region. You can contact her by at burcu.bicakci@ezi.net
4 EXECUTIVE SUMMARY With the development of online platforms, social media has emerged as one of the major communication means where consumers can interact with each other and with companies, products, or brands. This has helped remove significant communication barriers between businesses and people, shifting a significant amount of power to consumers. Consumers today have an effect in steering marketing strategies of companies through their feedbacks and involvement in product or service co-creation. This C2B influence needs to be understood by businesses thoroughly in order to better serve customers who express themselves in all kinds of social media platforms as well as to accomplish targeted business outcomes. The case of Turkey is particularly interesting as it is a hyper-active market in terms of social media consumer-adoption. Our extended study on social media trends in Turkey reveals crucial insights regarding the level of firms and areas of improvement: Market is consumer-driven, and social media strategies and applications are led by major players: º º The adoption in Turkey for the companies is mainly driven by consumers, their expectations, and their online behavior. º º There is competition orientation as well, where companies are urged by the activities of their competitors. Even though positioning by this external push factor of competition has become the norm, companies try to differentiate themselves by focusing on their consumers needs and expectations rather than by imitating their competitors. º º Market is shaped by major players and well-known brands in terms of social media adoption, but there is a great potential in long-tail businesses to gain market share and increase their brand awareness. Platform providers like Google believe in substantial opportunities for the small and medium businesses through social media applications. There is lack of engaging social media applications: o They are mostly information exchange and campaign management oriented. o In such plain platforms, consumers generally end up using their power of contagious influence for delivering their service related complaints and drive firms to focus on reputation and complaint management rather than consumerengaging social and cultural initiatives. The main strategic issue regarding social media marketing is the inefficiencies in terms of integration and alignment of the main functions, business units or departments for a common social media strategy: o Social media is mainly the accountability of marketing professionals and the listening to what the customer is saying online mentality is not internalized across the organization. 4
5 The unstructured social media data that has great potential to be transformed into enriched customer insights for strategic management is not tracked or analyzed properly. Our results based on the data collected from 145 companies show that there are three groups of companies incorporating social media to their businesses at different stages: experimenters, implementers, and strategists: Experimenters use some basic digital media tools and their social media applications facilitate information sharing and campaign management rather than providing interactive environments for consumers to share or co-create. Implementers, on the other hand, use standard Facebook profiles, Twitter or company pages as social media platforms. Simple interactive applications, mostly interactive games for promotions or small competitions, are available for entertainment and brand awareness purposes. Consumers use such firms Facebook and Twitter sites to complain about service failures or reflect their sentiments. Strategists are the top performers in their industries or pioneers of e-commerce businesses in Turkey. They are definitely more advanced compared to other firms and the social interactions they facilitate are geared towards relationship building and co-creation through hosting platforms such as discussion boards, blogs, and other content. In terms of social media usage, Turkey has been very active on the consumer side with businesses responding to them at various levels. The areas for which there are rooms for improvement are found as consumer engagement, integration across organization, and social media data analysis, which can further enhance consumer experience as well as business results. As Charlene Li, one of the experts in social media and the author of Groundswell, mentions: companies have learning potential from such platforms through dialogues, support provided to customers, and innovation opportunities. Turkish social media market seems to be effective in generating one-to-many communications, but can further improve in consumer driven dialogues, customer support service platforms, and innovation possibilities that motivate co-creation. With such an active consumer base online, it can be safely posited that any aforementioned efforts in improvement areas on the business front are expected to pay back immensely. 5
6 SOCIAL MEDIA MARKETING TRENDS IN TURKEY The case of Turkey is particularly interesting as it is a hyper-active market in terms of social media consumeradoption. Internet penetration rate in Turkey exceeds forty percent making it the fifth in Europe as to the total number of online users and the third as to the total number of hours spent on the internet at thirty-two hours per month 1. Global statistics show that, with more than 30 million members, 2011 Facebook usage in Turkey ranks the first among all countries including United States of America, Indonesia, and India 2. Around 87% percent of Turkish internet users are already members of Facebook 3. Therefore, as a growing market with high social media penetration, the case of Turkish businesses contains a big potential to understand the growth opportunities for firms in social media. Yet, our findings show that despite the high level of activity online, the social media evolution is still at a premature stage due to inadequate adoption levels of firms. This study has been conducted as an extension of our Digital Media Trends in Turkey report 4 (published by Egon Zehnder International Turkey in April 2012) to shed further light on social media marketing applications and reveal the major strengths and weaknesses of the businesses in terms of adopting and applying social media practices. Methodology The research commenced with a qualitative approach where 14 companies that are major players in the Turkish industry were interviewed to lay out insights about social media adoption. Later a survey was conducted with around 275 companies. Initial responses covered around 100 respondents with only 60% of them giving feedback related to their social media strategies and applications. The second round of data collection increased this number to a total of 145 respondents with 103 companies fully answering the questions on social media which enabled us to draw conclusions about social media practices in Turkey. Findings Social media is promising, especially Twitter and online communities... Social media is definitely a major influencer in strategic management and marketing in Turkey. Among various channels of communication, it is one of the most preferred methods of interaction with the consumer: 84% of companies are currently utilizing it as a platform and it has the highest growth potential with 13% of our respondents mentioning that they have the intention to further adopt it in the future, leading to a total of 97% mass who realize its critical role (Figure 1). Facebook is the most popular means of social media with the highest rate of present use (Figure 2). Accordingly discussion forums, blogs, adgames, and third part e-commerce site currently have the least part in social media applications, and except for blogs, they do not seem to promise a lot for the future. On the other hand, Twitter, YouTube, blogs, online communities, and brand communities have the highest potential for future social media marketing applications. 1 Internetworldstats 2011 Internet Usage in Europe, ( 2 Social Network Popularity Around the World, ( 3 Turkey Facebook Statistics, (
7 100% 90% 80% 70% 55% 62% 60% 50% 84% 79% 97% 87% 84% 86% 40% 3% 30% 10% 20% 10% 0% 42% 9% 5% 11% 13% 2% 1% 28% 6% 8% 13% 4% 7% 7% Face-to-face Call Center Paper Mail Website SMS Social Media Events Currently using Planning to use Not using, no plans to use Figure 1: Communication Channels and Future Orientation 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 87% 9% 4% 58% 32% 10% 40% 53% 32% 21% 26% 28% 29% 29% 42% 40% 32% 28% 48% 28% 24% 65% 18% 17% 47% 15% 39% 84% 5% 11% 33% 13% 54% 72% 14% 14% 33% 24% 43% Facebook Twitter Youtube Blogs Currently using Planning to use Not using, no plans to use Discussion Forums Online Communities Own Brand Community Mobile marketing Company website (with e commerce) Company website (without e commerce) Other e commerce sites Digital portals Adgames Figure 2: Social Media Channels and Future Orientation 7
8 Budgets seem low, but are they really? When the budget allocations of survey companies are analyzed, 70% state that their digital marketing budgets are below 10% of their total marketing expenditures (Figure 3). Even though, this is much below the global average of 27% 5, it should be emphasized that surveys were conducted with the major players that managed some big brands in their industries. Since such brands have considerable marketing budgets, a 5-10% digital marketing budget, most of which is spent on social media, is actually quite substantial. 6% 2% 9% 13% 43% < 5 % 5-10 % % % % 100% 27% Figure 3: Digital Marketing Budget Allocations 5 Excerpt from Revealing the impact of online advertising for FMCG brands, by GFK, October
9 Strategically oriented: YES, but how about company-wide integration? In terms of strategic approach, most organizations do follow the latest digital marketing trends (74%) and their top management supports their digital and social media marketing incentives (69%) (Figure 4). In terms of integration among departments, with 53% of the respondents agreeing that they are competent in realizing cross departmental action plans, there seems to be a development area to further increase strategic effectiveness. This is especially interesting, considering the fact that 90% of the respondents state that they are highly customer relationship oriented with clear strategies and collaboration of all departments. When it comes to social media marketing, companies have some way to go for integrating company-wide strategy and operations, similar to the needs of successful CRM. With the arrival of Social CRM concepts, initiation of further company-wide integration on social platforms seems imminent but needs thorough consideration to be successfully implemented. 100% 90% 80% 30% 28% 10% 70% 60% 43% 50% 40% 44% 41% 30% 20% 10% 0% 16% 24% 9% 4% Our organization understands and follows the latest trends in digital marketing and social media Our top management understands, owns, and supports our digital marketing strategies 28% 17% There is a good level of integration between the departments in our company in digital marketing strategy execution Strongly Agree Agree Neither Agree or Disagree Disagree Strongly Disagree Figure 4: Digital and Social Media Strategic Orientation 9
10 Engagement, engagement, engagement... The key to social media success It is not social media we are talking about if interaction among participants is missing. Turkish businesses especially need to focus on this aspect to become more effective as social media strategists rather than becoming mere implementers. While 68% of our respondents agree that they use social media effectively in line with their company strategy, this drops to 35-40% for engagement related issues (Figure 5). 100% 90% 18% 15% 9% 8% 10% 27% 80% 70% 32% 32% 30% 24% 60% 50% 40% 30% 20% 10% 0% 50% 37% 36% 32% 22% 26% 19% 14% 8% 3% 3% 4% 4% There is a high level Online relationships / There are major of interactivity social ties are among our SM formed through our members SM application We use social media effectively in line with our company strategy influencers (mavens) in our SM network (independent of our company) 25% 28% 14% Social media data is integrated with other marketing and CRM systems of our company Strongly Agree Agree Neither Agree nor Disagree Disagree Strongly Disagree 40% 11% 18% 5% There is a specific procedure that we apply when there is a complaint by a consumer on our SM platform Figure 5: Social Media Marketing Engagement Variables 10
11 Topical informational exchange 85% Relationship building and social ties 43% Specific online community culture 32% Identity management 19% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Figure 6: Social Media Activities Provided to Consumers C2C interactivity, formation of social ties among consumers, and existence of influencers on social media platforms seem to lack even in most of the big players. This is evidence that implementers and strategists of social media in Turkey need to consider consumer engagement further to fully exploit the benefits of online platforms. Otherwise, social media will stay as another means of traditional one-to-many message delivery channel rather than providing possibilities for community formation and enculturation that will enhance consumer loyalty and innovation opportunities. 43% of companies we surveyed mention that they make use of relationship building properties of social media, 32% say they motivate formation of community culture, and only 19% inspire identity management - personal information exchange and profile establishment (Figure 6). Social media in its current form serves mostly as an informational exchange channel with a lot of potential to become much more than what it is today. 11
12 We are what we measure Another critical issue that stands out is social media data analysis opportunities for Turkish companies. Even though, most players are active in social media platforms, they are there to disseminate information and not as much to collect it. The consumers are expressing themselves everywhere: on company related social media platforms or elsewhere. The word-of-mouth created by social consumers is immense and has the greatest power on consumer choices. 55% of respondents in this survey agree that they somehow track consumers voice and 43% use analytical tools to do so. Tracking and data collection are done through agencies and vendors as 85% of companies prefer outsourcing such services (Figure 7). Taxonomizing such collected data into categories based on business goals is even less with only 40% of companies doing so. Of course, without classifications and analytical tools at hand, providing internal and external action plans in response to customer feedbacks and developing insights stay at moderate levels. 100% 90% 80% 70% 60% 38% 25% 28% 19% 21% 20% 21% 31% 31% 15% 21% 50% 40% 30% 20% 10% 0% 27% 18% 8% 9% We track consumer feedbacks on major social media platforms 16% 14% 25% 13% 18% 21% Use of analytical tools or systems to monitor and extract knowledge from SM We classify collected social media data into specific categories aligned with our strategy 26% 12% 31% 9% 11% 9% We take internal action(reorganizing processes, improving products or service, etc.) according to feedbacks Never Rarely Sometimes Usually Always We take external action (align advertising, redetermine digital media messages, etc.) according to feedbacks 26% 17% 21% We monitor social media ROI and effects of overall company performance Figure 7: Data Analysis and Action Plans in Social Media 12
13 Self-awareness is the greatest virtue for further improvement 26% of the businesses classify themselves as beginners, 47% as intermediate players, 22% as advanced players, and %5 as experts (Figure8). These self-reported classifications are quite parallel to how companies can be clustered in terms of engagement, integration, and analytical competence. Therefore, we provide three stages of social media adoption that businesses are going through: experimenters, implementers, and strategists. Figure 8: Social Media Level Self-Rating by Companies Experimenters use some basic digital media tools and their social media applications facilitate information sharing and campaign management rather than providing interactive environments for consumers to cocreate or share. Social media data is not integrated into CRM systems and firms in this group lack processes to handle any kind of unstructured data provided by social media. Implementers, on the other hand, use standard Facebook profiles, Twitter or company pages as social media platforms. Content sharing is mostly done by forwarding information, and is nothing close to co-creation of content or value. In return, consumers do not actively engage in contributory conversations, which cause interactions to fade away or end up in futile chatter. Simple interactive applications, mostly simple interactive games regarding promotions or small competitions, are available for entertainment and brand awareness 13
14 purposes. Such applications are geared toward increasing brand loyalty, ewom, and positive experiences with the company. Social media data is tracked but not thoroughly aligned with company strategies. Therefore, the unstructured social media data is partially analyzed and not fully utilized. Consumers use such firms Facebook and Twitter sites to complain about service failures or just to make simple positive / neutral / negative comments without much content. However, detailed processes for handling these complaints are not outlined. Strategists claim that they are the most effective users of social media in the Turkish market. Usually they are the top performers in their industries or pioneers of e-commerce businesses in Turkey. They are definitely more advanced compared to other firms and the social interactions they facilitate contain more relationship building and co-creation platforms such as discussion boards, blogs, and other content sharing and creating opportunities among consumers. Social media is a part of strategists marketing plans and they have completed their organizational structures to fit into their digital strategies. Various electronic social platforms, mobile applications, and CRM processes are processed and assessed together to develop their businesses. Their processes are generally focused on complaint management and they are quite good at it. Strategists are well aware that influencers on social media do have power to affect their audiences significantly. However, there are also development areas for strategists: despite their success in data analysis, strategists struggle in converting social media data into consumer insights. Even though there are internal and external action plans in response to feedbacks and activities online, their social media strategy is not integrated into their corporate strategy. Moreover, their applications are not geared towards building a specific online community culture and are short-term oriented. What Lies Ahead? Social media is flourishing at a fast pace in Turkey. There is a lot that has been accomplished, but there is still a lot to do. The potential is great for sure. What seems to be beneficial for companies to focus on are: Providing engagement opportunities and online support where consumers can get into dialogues with each other rather than just be exposed to information present on traditional media, Integrating social media marketing activities through all functions, business units, and departments in the company with top management support, Using sophisticated tracking and analyzing tools to turn unstructured social media data into customer insights, Co-creating together with consumers through engagement, integration, and analysis. In short, it is up to the businesses to create a truly social media. Luckily, an active consumer base is ready to act on the initiatives provided by the businesses and experiment with them on the way to progress. We seem to be standing at just the beginning of what technology has to offer us, this time involving businesses, consumers, third parties, academia, and governments. The boundaries have vanished and the rest is up to us all. 14
15
16 16
How To Market In South Africa Through Social Media
THE EFFECTIVENESS OF USING SOCIAL NETWORKING TECHNOLOGY FOR MARKETING IN SOUTH AFRICA Shaheen Khan Anis Mahomed Karodia Abstract The purpose of this article is to investigate and understand the effectiveness
More informationSOCIAL MEDIA. About Infosys. The Rise of Social Media in Financial Services Balancing Risk and Reward
The Rise of Social Media in Financial Services Balancing Risk and Reward SOCIAL MEDIA About Infosys Many of the world s most successful organizations rely on Infosys to deliver measurable business value.
More informationHow To Listen To Social Media
WHITE PAPER Turning Insight Into Action The Journey to Social Media Intelligence Turning Insight Into Action The Journey to Social Media Intelligence From Data to Decisions Social media generates an enormous
More information2015 Social Media Marketing Trends
2015 Social Media Marketing Trends A 2015 survey and report on social media marketing practices and software usage By Megan Headley Research Director, TrustRadius First Published May 2015 2015 TrustRadius.
More informationSocial Media for Business Benefit: The emergence and impact of social media on customer interaction
Social Media for Business Benefit: The emergence and impact of social media on customer interaction A leadership perspectives white paper Recommended next steps for business and industry executives Issue
More informationCustomer Experience Management
Customer Experience Management Best Practices for Voice of the Customer (VoC) Programmes Jörg Höhner Senior Vice President Global Head of Automotive SPA Future Thinking The Evolution of Customer Satisfaction
More informationEXECUTIVE MASTER IN. Increasing corporate value in today s complex digital world through reputation management and communication with stakeholders.
EXECUTIVE MASTER IN CORPORATE COMMUNICATION Increasing corporate value in today s complex digital world through reputation management and communication with stakeholders. COURSE DESCRIPTION At a Glance
More informationWHITE PAPER Analytics for digital retail
WHITE PAPER Analytics for digital retail Introduction The advent of organized retail propelled businesses to reach out to a wider spectrum of consumers in an effort to increase market share. This gave
More informationBusiness IntelliSENSE Social and Internal Data Marriage for Smarter Decisions
2014 BA Convention Business IntelliSENSE Social and Internal Data Marriage for Smarter Decisions May 2014 2014 BA Convention 2 Big Click Data to edit Drivers Master text styles Big Data Analytics is a
More informationCONTENT MARKETING AND SEO
CONTENT MARKETING AND SEO How to Use Content Marketing and SEO to Reach Customers and Business Goals What do you consider the most essential ingredient for your business s marketing success? In today s
More informationHow To Get A Better At Developing An Application
Whitepaper Rethink application possibilities and align to desired business outcomes EALA results January 2014 2014 Avanade Inc. All rights reserved. Executive summary It s a new world of applications.
More informationNEW. Digital Marketing & Sales Management. Master in Management. Specialized Master in Full English. Management
NEW Digital Marketing & Sales Management Master in Management Specialized Master in Full English Management Introduction The internet and other digital media have transformed marketing and sales management.
More informationWHITE PAPER. Social media analytics in the insurance industry
WHITE PAPER Social media analytics in the insurance industry Introduction Insurance is a high involvement product, as it is an expense. Consumers obtain information about insurance from advertisements,
More informationUnit code: D/601/1102 QCF level: 5 Credit value: 15 credits
Unit 30: Internet Marketing Unit code: D/601/1102 QCF level: 5 Credit value: 15 credits Aim This unit provides learners with an understanding of internet marketing so they can develop the skills to use
More informationTHE STATE OF Social Media Analytics. How Leading Marketers Are Using Social Media Analytics
THE STATE OF Social Media Analytics May 2016 Getting to Know You: How Leading Marketers Are Using Social Media Analytics» Marketers are expanding their use of advanced social media analytics and combining
More informationTHE QEDbaton B2B MARKETING TECHNOLOGY SPEND REPORT
- 1 - THE QEDbaton B2B MARKETING TECHNOLOGY SPEND REPORT 2014 To stay ahead in the marketing arena, you need to know what technologies your competitors are investing in. TABLE OF CONTENTS The Marketing
More informationSOCIAL LISTENING AND KPI MEASUREMENT Key Tips for Brands to Drive Their Social Media Performance
SOCIAL LISTENING AND KPI MEASUREMENT Key Tips for Brands to Drive Their Social Media Performance With social media marketing, the power is derived from being able to directly communicate with consumers
More informationMobile Marketing Trends and small businesses
Mobile Marketing Trends and small businesses LEGAL NOTICE The Publisher has strived to be as accurate and complete as possible in the creation of this report, notwithstanding the fact that he does not
More informationSocial Media ROI. First Priority for a Social Media Strategy: A Brand Audit Using a Social Media Monitoring Tool. Whitepaper
Whitepaper LET S TALK: Social Media ROI With Connie Bensen First Priority for a Social Media Strategy: A Brand Audit Using a Social Media Monitoring Tool 4th in the Social Media ROI Series Executive Summary:
More informationDO YOU YOU HAVE THE. Our experts can get you there REPUTATION MANAGEMENT
DO YOU YOU HAVE THE Our experts can get you there SEARCH ENGINE OPTIMIZATION SEARCH ENGINE REPUTATION MANAGEMENT EMAIL SOCIAL MEDIA WEBSITE DESIGN Rise to the top of search engine results! We ll help you
More informationCUSTOMER RELATIONSHIP MANAGEMENT OF SELECT LIFE INSURANCE COMPANIES
I n t e r n a t i o n a l J o u r n a l o f M a n a g e m e n t F o c u s 1 CUSTOMER RELATIONSHIP MANAGEMENT OF SELECT LIFE INSURANCE COMPANIES G. RAJU Asst. Professor of Business Administration, St. Thomas
More information10 STEPS FOR SUCCESSFUL SOCIAL MEDIA MONITORING. Learn the best way to monitor and analyze social media.
10 STEPS FOR SUCCESSFUL SOCIAL MEDIA MONITORING Learn the best way to monitor and analyze social media. INTRODUCTION For some years now, we have seen businesses adopting social media and integrating them
More informationThe Real Questions about. Social Media Monitoring/Web Listening
The Real Questions about Social Media Monitoring/Web Listening Should this new marketing discipline be called social media monitoring or web listening? Or any of the other 10 terms identified in this paper?
More informationDIGITAL MARKETING TRENDS IN TURKEY
DIGITAL MARKETING TRENDS IN TURKEY Within one lifetime, we have seen a transition from a handful of people with access to information, to 5 billion having all of the knowledge in the world at their fingertips,
More informationDigital Marketing Capabilities
Digital Marketing Capabilities Version : 1.0 Date : 17-Apr-2015 Company Framework Focus on ROI 2 Introduction SPACECOS is a leading IT services and marketing solutions provider. We provide the winning
More informationTaking Social Media Beyond The Buzz: Measuring The Effectiveness Of Social Media Brand Building
Taking Social Media Beyond The Buzz: Measuring The Effectiveness Of Social Media Brand Building Taking Social Media Beyond the Buzz: Measuring the Effectiveness of Social Media for Brand Building Background
More informationDeepening the Customer Relationship with Social Media:
Social Media March 2015 Thought Leadership Whitepaper Deepening the Customer Relationship with Social Media: A Sutherland Perspective Page left intentionally blank Sutherland Global Services Social Media
More informationMobile App Proposal 1-404-468-6325. - ReXpuestas - DeMarus@PHreshApps.com. April 16, 2014 http://phreshapps.com/rexpuestas-app/ Direct Contact.
Mobile App Proposal - ReXpuestas - April 16, 2014 http://phreshapps.com/rexpuestas-app/ Direct Contact 1-404-468-6325 Email DeMarus@PHreshApps.com TABLE OF CONTENTS 1. ReXpuestas 2. Introduction 3. Project
More informationTo Professionals Who Know Online Marketing Is Important But Can t Seem To Get Started:
To Professionals Who Know Online Marketing Is Important But Can t Seem To Get Started: Date: 23rd Sep 2009 Powerful search engines like Google, Yahoo! and MSN play a very important role on the internet.
More informationContent Marketing and the Future of Multi-Location Brand Marketing
Content Marketing and the Future of Multi-Location Brand Marketing Local Internet Marketing for MULTI-LOCATION BRANDS 47 North Jefferson Street, First Floor, Allentown, PA 18102 marketing@businesscreatorplus.com
More informationIncorporating Social Media into a Technical Content Strategy White Paper
Incorporating Social Media into a Technical Content Strategy White Paper Authored by Bill Gearhart, Comtech Services, Inc. USER-GENERATED CONTENT Table of Contents Table of Contents Introduction...2 Selected
More informationSocial Media: Reaping the Rewards of the Next Revolution in Customer Experience
: Reaping the Rewards of the Next Revolution in Customer Experience Business Brief: In today s digital world, businesses must find new ways to engage current and potential customers, extending the dialogue
More information**NEW CLIENTS MAY NEED AN INITIAL SET- UP and ANALYSIS
Pricing Structure Social Media Management Packages * Starter Package: Social Media for 2 Channels Starting at: $650 /mo (That s $650 dollars worth of Organic Advertising!) * Business Owner Package: Social
More informationGE Capital The Net Promoter Score: A low-cost, high-impact way to analyze customer voices
GE Capital The Net Promoter Score: A low-cost, high-impact way to analyze customer voices The Net Promoter Score: A low cost, high impact way to analyze customer voices GE Capital s Net Promoter survey
More informationOUTSOURCING YOUR SEO What You Should Consider
OUTSOURCING YOUR SEO What You Should Consider There is no debate; SEO is here to stay. Forget what you ve heard from self-proclaimed internet gurus proclaiming the death of SEO. True, SEO has changed a
More informationSOCIAL MEDIA FOR MSMEs A turning point. By DR. PRALAY DEY National Small Industries Corporation (NSIC)
SOCIAL MEDIA FOR MSMEs A turning point By DR. PRALAY DEY National Small Industries Corporation (NSIC) IMPORTANCE OF MSMEs in India 44+ MILLIONS UNITS 45% manufacturing output MSMEs in India 40% EXPORT
More informationWhy Enterprises Need a Social Media
Why Enterprises Need a Social Media Management System Introduction As social media continues to evolve, businesses are incorporating new cutting-edge technologies and applications into their online marketing
More informationMaximize Social Media Effectiveness with Data Science. An Insurance Industry White Paper from Saama Technologies, Inc.
Maximize Social Media Effectiveness with Data Science An Insurance Industry White Paper from Saama Technologies, Inc. February 2014 Table of Contents Executive Summary 1 Social Media for Insurance 2 Effective
More informationImpact of Social Media Marketing on SME Business Author:
Impact of Social Media Marketing on SME Business Author: Rahul Jain, Director Digital Marketing & Chief Strategist, InnoServ Digital, InnoServ Solutions Pvt. Ltd. ABSTRACT With the growth of Internet and
More informationManagement Summary 3. Role within the organization 4. For what purposes do you use social media? 5. What social channels does the company use?
1 Index Subject Page Management Summary 3 Role within the organization 4 For what purposes do you use social media? 5 What social channels does the company use? 5 Does your organization use a blog? 6 How
More informationSocial Media Marketing: ENGAGE rather than SELL involvement leads to purchase!
Approximately 90% of the people you find on the internet in today s world know at least one social network and are registered as an active user on it. The imminence and influence of social media is what
More informationROLE PROFILE & PERSON SPECIFICATION JOB TITLE SOCIAL MEDIA MANAGER
Page 1 of 5 ROLE PROFILE & PERSON SPECIFICATION JOB TITLE SOCIAL MEDIA MANAGER 1. RESPONSIBLE TO: Senior Marketing Manager (tbc) 2. RESPONSIBLE FOR : Deploy all B2C / B2B social media marketing (building
More informationCRM as a Service. For Customers in the Cloud
CRM as a Service For Customers in the Cloud Customer Relationship Management Our mission: to help our customer identify, define, design and deliver the best CRM strategy, in terms of For our Customer with
More informationDriving Relevant Business Insights From Social Media
A FROST & SULLIVAN EXECUTIVE SUMMARY Driving Relevant Business Insights From Social Media In Collaboration With: View the ondemand version of the ebroadcast: www.frost.com/insights Even the most successful
More informationIntroduction to online marketing
Introduction to online marketing Introduction to online marketing Getting found online 4 7 tips for getting found online 5 Writing good web copy 9 10 tips for writing good web copy 9 Measuring the effectiveness
More informationYou steer but I ll shift gears!
Strategy Stephanie Felgentreff, Jutta Funk Social Media You steer but I ll shift gears! Measuring the success of social media activities The implementation of social media as a communication channel requires
More informationC G. Got a Plan? MARKETING. How to Build Your Marketing Plan & Budget. PCGMarketing.com. P.O. Box 4633 Des Moines, Iowa 50305 515.360.
Got a Plan? How to Build Your Marketing Plan & Budget P.O. Box 4633 Des Moines, Iowa 50305 515.360.9176 An Introduction We are a full-service marketing company that uses creative strategies to develop
More informationoneforty. Social Media KPIs and You: A Love Story Janet Aronica Directory, Marketing & Community oneforty
oneforty. Social Media KPIs and You: A Love Story Janet Aronica Directory, Marketing & Community oneforty Social Media KPIs and You: A Love Story Establishing a social media measurement plan is a crucial
More informationHow To Handle Social Media With Customer Service
Social Media: Guide for Building a Support Strategy Sponsored By: 201 Service Takes on the Social Media Challenge Few phenomena have generated as much interest and hype over the last several years as social
More informationCourse Descriptions for the Business Management Program
Course Descriptions for the Business Management Program Upon completion of two quarters, students will earn a Professional Certificate in Business Management with a specialization in a chosen area: HR,
More informationLeveraging unstructured data for improved decision making: A retail banking perspective
View Point Leveraging unstructured data for improved decision making: A retail banking perspective - Sowmya Ramachandran and Kalyan Malladi Overview Up until now, despite possessing a large stash of structured
More informationListen, Measure, and Engage. Is Social Media part of your CRM strategy? Value Driven
Listen, Measure, and Engage Is Social Media part of your CRM strategy? Value Driven If you are not using social media as part of CRM, you are potentially missing out on a huge opportunity for engaging
More informationDigital TV switchover: Social media
Digital TV switchover: Social media By Matt Heselden, Social media lead Summary With the growth in popularity of social media, we recognised that increasing numbers of consumers and opinion formers would
More informationTaking Social Media Public: Social Media for Successful Citizen Relationship Management
IBM Global Business Services White Paper Public Sector Consulting Taking Social Media Public: Social Media for Successful Citizen Relationship Management By Tish Falco, Social Media Center of Excellence
More informationSocial Media Technology Thought Leader Interview Series
Social Media Technology Thought Leader Interview Series Ivan Fernandes, MediaCom Global Director, Social Media Technology, interviews Michael Lazerow, CEO of Buddy Media Welcome to the first Social Media
More informationReady Set Grow. From Push to Pull: Creating Demand for your Offering. Season Three Webinar Two. Session Summary. May 11, 2010.
Ready Set Grow Season Three Webinar Two Session Summary From Push to Pull: Creating Demand for your Offering May 11, 2010 Presented by: In collaboration with: Sponsored by: Introduction The Ready Set Grow
More informationTop 5. Digital Marketing Services for Local Businesses
Top 5 Digital Marketing Services for Local Businesses Lead generation, search engine optimization and transparent analytics - trying to understand these things is enough to make your head spin.? into How
More informationSocial Media Marketing Evolution A Strategic Imperative
Social Media Marketing Evolution A Strategic Imperative Sue Racine - Director, Product Marketing, Credit Union Products Pam Schnagl - Market Research Analyst Executive Summary Consumers use of social media
More informationWSI White Paper. Prepared by: Baltej Gill Social Media Strategist, WSI
Understanding the Buzz Around Social Media WSI White Paper Prepared by: Baltej Gill Social Media Strategist, WSI Introduction You might have heard that social media can help build your brand, promote your
More informationSocial Business Intelligence For Retail Industry
Actionable Social Intelligence SOCIAL BUSINESS INTELLIGENCE FOR RETAIL INDUSTRY Leverage Voice of Customers, Competitors, and Competitor s Customers to Drive ROI Abstract Conversations on social media
More informationCORRALLING THE WILD, WILD WEST OF SOCIAL MEDIA INTELLIGENCE
CORRALLING THE WILD, WILD WEST OF SOCIAL MEDIA INTELLIGENCE Michael Diederich, Microsoft CMG Research & Insights Introduction The rise of social media platforms like Facebook and Twitter has created new
More informationMarketing, Recruitment and Admissions. Marketing Strategy 2013-2015
Marketing, Recruitment and Admissions Marketing Strategy 2013-2015 November 2013 The Marketing Strategy is created cooperatively by the Department s marketing managers and exists to advance the University
More information... ... The Social CRM ebook. publication THIS WAY
......... The Social CRM ebook a publication @ THIS WAY Social CRM ebook v.2.0. All material in this ebook is copyright Collier Pickard Ltd 2013. www.collierpickard.co.uk info.collierpickard.co.uk/blog
More informationRecruitment and Selection
Recruitment and Selection The recruitment and selection belongs to value added HR Processes. The recruitment is about: the ability of the organization to source new employees, to keep the organization
More informationB2B Social Media Marketing Social s Means Business
B2B Social Media Marketing Social s Means Business Elissa Kline May 2011 1 Social media is changing the way companies interact with customers Why Does Social Media fit With B2B Companies? Key Trends: Social
More informationSTATE OF B2B SOCIAL MEDIA MARKETING 2015
STATE OF B2B SOCIAL MEDIA MARKETING 2015 Research Report - June 2015 WHO WE SPOKE TO In a study that we did earlier this year on B2B marketing trends 1, we asked our respondents which distribution channels
More informationVoice. listen, understand and respond. enherent. wish, choice, or opinion. openly or formally expressed. May 2010. - Merriam Webster. www.enherent.
Voice wish, choice, or opinion openly or formally expressed - Merriam Webster listen, understand and respond May 2010 2010 Corp. All rights reserved. www..com Overwhelming Dialog Consumers are leading
More informationTURKEY BUSINESS ANALYSIS REPORT 2015. Thinking Like the Business
TURKEY BUSINESS ANALYSIS REPORT 2015 Thinking Like the Business CONTENT Foreword Respondent Profiles Business Partnering Business Priorities Driving Change and Innovation Efficiency of Business Analysis
More informationMARKETING LENS SAMPLE REPORT. Are your marketing efforts effective? September 2013. Available on www.tooliers.com
Are your marketing efforts effective? September 2013 Available on www.tooliers.com TABLE OF CONTENTS I. What this instrument is, and what it is not II. Factors that can influence your results III. Your
More informationSocial Media Monetizing ROI
How CMOs are Monetizing Social Marketing and Measuring ROI Introductions Justin Bridegan, Senior Marketing Manager MarketingSherpa / MECLABS Primary Research @JustinBridegan Sergio Balegno, Director of
More informationAvanade Whitepaper. Rethink application possibilities and align to desired business outcomes
Avanade Whitepaper Rethink application possibilities and align to desired business outcomes December 2013 Table of contents 03 Executive summary 04 Scope of research and methodology 05 Summary of key findings
More informationStrategic Sourcing Outlook: Emerging Techniques and Media
Strategic Sourcing Outlook: Emerging Techniques and Media www.chandlermacleod.com Social Media The Future of Strategic Sourcing? It s often tempting to stick with the tried and true and focus simply on
More informationMonitoring the Social Media Conversation: From Twitter to Facebook
Monitoring the Social Media Conversation: From Twitter to Facebook Monitoring the Social Media Conversation: From Twitter to Facebook The prevalence of social media has not just grown but exploded. Millions
More informationPlus, although B2B marketing budgets have increased, the number of channels may far surpass what you can do with your budget.
1 CNBC s list of the Top 10 Most Stressful Jobs of 2011 revealed that the sixth most stressful job was that of an advertising account executive. The reason today s account executives are so stressed is
More informationBusiness Proposal for In-House. Software Development and. Consultancy Services
Business Proposal for In-House Software Development and Consultancy Services 1.0 Executive Summary This business plan outlines the strategy and various services that we shall be providing if given an opportunity
More informationBeyond Net Promoter Scores
Beyond Net Promoter Scores Understanding Customer-Generated Word of Mouth A Shirman Group Client Brief The highly popular Net Promoter Score (NPS) customer satisfaction metric has gained broad adoption
More informationSocial Media Use by US Associations
Associations are embracing Social Media channels as a way to enhance member engagement, to expand thought leadership beyond their member base and to develop new marketing channels. Nearly three-quarters
More informationAgenda Overview for Social Marketing, 2015
G00270737 Agenda Overview for Social Marketing, 2015 Published: 19 December 2014 Analyst(s): Julie Hopkins Social marketing programs are maturing; executives increasingly expect ROI to follow social marketing
More informationOnline analytics survey
Online analytics survey SCREENERS Qa. Can I confirm that your business has a website? Yes 1 No 2 Any companies responding as No were screened out from the survey Qb. Can I confirm that you are in a position
More informationAvailable online at www.sciencedirect.com. ScienceDirect. Procedia Economics and Finance 11 ( 2014 ) 626 634
Available online at www.sciencedirect.com ScienceDirect Procedia Economics and Finance 11 ( 2014 ) 626 634 Symbiosis Institute of Management Studies Annual Research Conference (SIMSARC13) Developing a
More informationSearch Engine Marketing(SEM)
Search Engine Marketing(SEM) Module 1 Website Analysis Competition Analysis About Internet Marketing Scope & Career Opportunities Basics Of HTML & Website Development Platforms Module 2. Search Engine
More informationThe Importance of Leveraging Social Media in ecommerce. October 2011
The Importance of Leveraging Social Media in ecommerce October 2011 There is no denying that social media has cemented itself in today s society and changed the way many of us communicate. Not only has
More information6 SECRETS TO OFFERING EXCEPTIONAL CUSTOMER SERVICE. 2013 salesforce.com, inc. All rights reserved.
6 SECRETS TO OFFERING EXCEPTIONAL CUSTOMER SERVICE 2013 salesforce.com, inc. All rights reserved. > Intro INTRODUCTION The vast majority of people are not experiencing great service. Nearly a third of
More informationA Quick Guide to Social Customer Service: Measure, Refine & Scale
A Quick Guide to Social Customer Service: Measure, Refine & Scale Measuring how well your Social Customer Service program is working for both your customers and your business is not easy. For the last
More informationSOCIAL MEDIA MONITORING AND SENTIMENT ANALYSIS SYSTEM
Kuwait National Assembly Media Department SOCIAL MEDIA MONITORING AND SENTIMENT ANALYSIS SYSTEM Dr. Salah Alnajem Associate Professor of Computational Linguistics and Natural Language Processing, Kuwait
More informationSOCIAL MEDIA MEASUREMENT: IT'S NOT IMPOSSIBLE
SOCIAL MEDIA MEASUREMENT: IT'S NOT IMPOSSIBLE Chris Murdough A lot of excitement and optimism surround the potential of social media for marketers-after all, that is where attractive audience segments
More informationKICK YOUR CONTENT MARKETING STRATEGY INTO HIGH GEAR
KICK YOUR CONTENT MARKETING STRATEGY INTO HIGH GEAR Keyword Research Sources 2016 Edition Data-Driven Insights, Monitoring and Reporting for Content, SEO, and Influencer Marketing Kick your Content Marketing
More informationExhibiting at a Trade Show? Use this digital engagement checklist for greater success
Exhibiting at a Trade Show? Use this digital engagement checklist for greater success Exhibiting at a Trade Show? Use this digital engagement checklist for greater success Negotiating, Closing and Announcing
More informationFive steps to improving the customer service experience
Five steps to improving the customer service experience Metrics, tips, and tools for utilizing customer feedback An Ovum White Paper Sponsored by Publication Date: January 2012 INTRODUCTION As the use
More informationDigital Marketing Workshop
Digital Marketing Workshop 2 Global Digital Advt. spend to be $278Bn in 2019 Business Wire Online Marketing to create 1.5 lakh jobs in India Economic Times Online Marketing Managers are paid 82% more Indeed
More informationCUSTOMER SERVICE MEETS SOCIAL MEDIA: BEST PRACTICES FOR ENGAGEMENT
CUSTOMER SERVICE MEETS SOCIAL MEDIA: BEST PRACTICES FOR ENGAGEMENT 2009 RightNow Technologies. All rights reserved. RightNow and RightNow logo are trademarks of RightNow Technologies Inc. All other trademarks
More informationFive Steps for Succeeding with Social Media and Delivering an Enhanced Customer Experience
Cognizant 20-20 Insights Five Steps for Succeeding with Social Media and Delivering an Enhanced Customer Experience Executive Summary Social CRM places the customer at the heart of the company, where customers
More informationnileco websites that sell
nileco websites that sell the basics 2 Corporate Profile THE FOCUS OF EVERY ONLINE BUSINESS IS TO SELL SOMETHING AND THAT IS WHERE WE EXCEL. YOUR WEBSITE MAY FOCUS ON THE SALE OF A PRODUCT, SERVICE OR
More informationSocial Media Analytics! & ORM! How Banks Can Leverage It Fully! Digital Performance on a Global Scale.
Social Media Analytics! & ORM! How Banks Can Leverage It Fully! HOW CAN SOCIAL BE LEVERAGED? Consumer Insights / Market trends and product development Customer Acquisition Online reputation management
More informationSocial Media. Marketing Guide B2B
Social Media Marketing Guide B2B Introduction Social media has revolutionised how people communicate and consume information online. By harnessing the power of the social media buzz and effectively incorporating
More informationWe get companies into the media. Press work Media contacts Online PR
We get companies into the media Press work Media contacts Online PR We get our clients noticed by the media: with traditional press work, excellent editor contacts and modern dissemination channels. We
More information%&'(%)$(*$)+&$,-'(%).*/&$0$ 12&314*&22$(3$,*)&%*&)$-.%5&),*6$ 3(%$4(/.4$712,*&22&2$
$%&'()*+',-$(./%0'-1 "# %&'(%)$(*$)+&$,-'(%).*/&$0$ 12&314*&22$(3$,*)&%*&)$-.%5&),*6$ 3(%$4(/.4$712,*&22&2$ +2344567"8977'8#9:89#$3:;9#"8
More informationCommunity Life Cycle
Community Life Cycle How to launch a customer community based on business ROI and customer needs, integrate it into your channels, processes and systems, and keep it active and relevant. July 2014 Introduction
More information2 0 1 1 Mobile Marketing: Plans, Trends and Measurability What Do Marketers Think?
Own Your Media Channel 2 0 1 1 Mobile Marketing: Plans, Trends and Measurability What Do Marketers Think? Co-Sponsored by: Copyright King Fish Media, 2011 contents 3 Executive summary 5 Mobile marketing
More information