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Social Media in the Marketing Mix Kristina Marsh.

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Presentation on theme: "Social Media in the Marketing Mix Kristina Marsh."— Presentation transcript:

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2 Social Media in the Marketing Mix Kristina Marsh

3 A Little About Me 18 years of strategic marketing 14 years with Dow Corning Global Marketing Communications Global Marketing Process North America Market Leader 3+ years as a strategic consultant Not a social media specialist

4 Why Am I Here? “Did anyone know we had a Pintrest Page? I just found out myself and I'm still not exactly sure what Pintrest is.” “How much will it cost for 1000 likes?” “I need a Facebook (Twitter, Pinterest, LinkedIn) Account.” “It’s 5:00. I should post something.”

5 Why I Consult I believe strategy, process and planning deliver results I want organizations and entrepreneurs to succeed Strat-e-gy: a plan, method, or series of maneuvers for obtaining a specific goal or result Hope: the feeling that what is wanted will turn out for the best

6 What Is Strategic Marketing Consulting? DISCOVER the best market opportunity RESEARCH the opportunity ANALYZE the data STRATEGIZE the best market attack EXECUTE the plan effectively

7 Anatomy of a Market Plan Market Summary Situational Analysis Market Segmentation Objectives Positioning Product / Service Offers Price Strategy Place Strategy Promotional Strategy Action Plans and Tactics

8 Based on objectives, offers and target audience is social media a match? If so, how do you choose?

9 Integration Silos create duplicated work and inconsistent messages PRCollateralSocial Media Event s

10 Integration Every marketing tactic should leverage, feed and support the others PRCollateralSocial Media Event s Objectives and Content

11 “How do I make social media work?” 80% + content that is interesting, valuable and relevant to your audience (curate great information, create some original content) Inform Entertain Educate Precondition 20% or less to sell your cause Persuade Engage with them, monitor the conversation and participate (in a positive way)

12 “How do I know when social media is working?” When your objectives are being met Brand awareness? Inquiries? Sales? Participation? Viral content?

13 Brand Identity Every channel should clearly represent the brand identity – don’t short change social media!

14 Benchmarks Are a Good Start, However… General statistics are a good place to start Facebook post 4 -5 times per week Twitter post 5 – 7 times per day Prime time on channels However… Results vary by business and audience, so individual analysis is needed Marketing Flexibility – 6:30 a.m. is optimal, creative ads perform well Automotive Repair – 3:30 p.m. and weekends are optimal, auto news performs well Real Estate – 7:30 p.m. is optimal, videos and home sneak peeks perform well

15 Discussion Questions, Comments, Opinions, Education!


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