BUSI: CONSULTING PRACTICE
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The Report for Tech Talk: Creating a Social Media Strategy
Introduction
As it was indicated in the proposal, Tech Talk is a business knowledge portal, which
focuses on promoting knowledge in the domain areas of information technology. It also provides
articles including specialized fields, such as business analytics, e-governance, e-commerce,
internet technologies, information technology, digital marketing, and other related themes
(Kumar Kar, & Aswani, 2017). Besides, it contains case studies and textbooks differentiated in
the way they are presented pictorially and graphically.
Tech Talk's performance is ranked against some of the famous website evaluation
metrics, which shows it has an appropriate performance in the competitive electronic information
publishing industry. However, evaluation of the type of traffic that Tech Talk received shows
that most of the traffic has come from search engines, while most of the other websites get much
more traffic from social media sites (Kumar Kar, & Aswani, 2017). Figures show that the
percentage of traffic received from social media is almost 4 percent, which shows Tech Talk
needs to take fundamental steps so as to improve the results in this area.
SWOT Analysis
Strengths Weaknesses
Strong brand image
International distribution network
Strong investment in R&D
Highly focus on innovation
Focus on market research
o Premium prices for most portfolio
products
o Standard procedures and benchmarked
regulations for all portfolio products
o Generalization
o Imitability
Opportunities Threats
Green business products
Expansion in emerging market
Business enhancement
Partnership with different firms
o Price competition
o Increases competition
o Independent players
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The Solution
To do so, on the top of all, Tech Talk's founders should align their outlooks to come up
with identical approaches, and consequently, efficient strategies. Then they can make efforts to
take proper steps in order to achieve their goals. Regarding this, firstly, it is necessary to
comprehend and compromise what the underlying blocks for social media websites are. In other
words, they should strategize the interaction with readers on social media.
Furthermore, it is essential to choose the right platform(s) for Tech Talk to perform on
between so many different platforms, such as Facebook, Twitter, Instagram, Youtube, and so on,
in order to align implementing their strategies with that. Also, implementing key performance
indicators is crucial. Another point to consider is the decision to outsource social media
marketing or managing it in-house, and finally, finding the proper way to invest in building an
effective presence on social media platforms.
Comprehending and Compromising the underlying blocks for Social Media
In order to perform successfully on social media, Tech Talk should provide proper
requirements for that. The first step regarding this is to create an appropriate page on targeted
platforms, but before that, it is necessary to comprehend how to perform on social media to gain
an adequate number of audiences in order to receive acceptable traffics. It is also required to
know the critical factors in administrating social media pages to follow. The table below shows
the key social media tools categories:
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Note. Social Media Tool Categories. Adapted from “The Definitive List of Social Media
Marketing Tool Categories for Businesses.” By Razorsocial. (n.d.).
(https://www.razorsocial.com/social-media-marketing-tools-for-businesses/)
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The solution in this regard is categorizing the audiences based on several criteria such as
age, career, level of income, and level of demand, and provide the content based on these
categories and criteria. In other words, since Tech Talk provides articles and electronic content
publishing, it has several audiences, such as students and instructors, business users, recreational
readers, etc. These audiences can be fit into different categories, and Tech Talk can categorize
their content based on the audience categories. The figures below show different categories and
different social media users:
Note. Adapted from “Categorize Your Content Types.” By SmarterQueue. (n.d.).
(https://smarterqueue.com/features/content_categories?src=all_features)
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Note. Different Types Of Social Media Users | Conversationalists / Learners /
Aggregators / Marketeers / Researchers / Lurkers (CLAMRL). Adapted from “THE
INTERSECTIONS & ASKING BETTER QUESTIONS BLOG.” By Justadandak. (2013).
(https://justadandak.com/different-types-of-social-media-users-connectors-learners-aggregators-
marketeers-clamrl/)
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In this regard, the website can provide each group of audiences unique products. It can
also offer them various subscriptions in order to accommodate their needs more efficiently and
economically and also encourage them to visit regularly or become permanent members.
For instance, Tech Talk can offer the content required by students at a lower price or
offer the instructors specific subscriptions to have access to their intended content unlimited.
They can also provide the business user with intended professional articles. This categorization
can help audiences have access to their considered content more quickly, more easily, and more
appropriately. In general, Tech Talk should pay attention to the interest of the followers, the level
of their income, their networks, and sentimental analysis. This is an efficient way that it can
strategize the interaction with readers on social media.
Key Performance Indicators
It is also crucial to know the key performance indicators, determine some benchmarks,
and observe the performance quality in each social media platform and comparing with those
benchmarks regularly. As it is evident in the exhibit below, some of the key performance
indicators for Tech Talk's Twitter account is as follow:
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Note. Adapted from “Tech Talk: Creating a Social Media Strategy.” By Kumar Kar, A.,
& Aswani, R. (2017), P.10 (https://www.iveycases.com/ProductView.aspx?id=86533) Copyright
2017 by Richard Ivey School of Business Foundation.
Another exhibit displayed below shows some other indicators for Facebook. It is essential
to make similar exhibitions for all platforms the company performs on. This can help to compare
the performance of the company on social media platforms with targeted benchmarks and
improve weaknesses in each indicator.
Note. Adapted from “Tech Talk: Creating a Social Media Strategy.” By Kumar Kar, A.,
& Aswani, R. (2017), P.10 (https://www.iveycases.com/ProductView.aspx?id=86533) Copyright
2017 by Richard Ivey School of Business Foundation.
In determining these performance indicators, Tech Talk should consider some critical
criteria. Key performance indicators should 1) be measurable and actionable, 2) tied to business
goals and targets, 3) measure factors that are critical to the success of the company, 4) be applied
consistently throughout the company, and 5) be limited to 5 to 8 metrics. Tech Talk should also
avoid parameters that are vague or unclear, and refutable, or they are not nice-to-know,
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actionable, and exhaustive. It would be better to categorize these metrics into groups that target
the company's goals. Each group should be aligned whit those goals, and the parameters should
cover the goal that each specific group aims. The tables below show some appropriate metrics
for Tech Talk:
Note. Adapted from “The Best Website KPI's For Three Different Website Types.” By
The Daily Egg. (2019). (https://www.crazyegg.com/blog/best-website-kpi/)
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Note. Common Content Marketing Goals and Associated Metrics. Adapted from “Nail
Your Content Performance With This Measurement Starter Kit.” By Harris, J. (2019).
(https://contentmarketinginstitute.com/2019/09/content-performance/)
Determining Proper Platforms
A good solution in this regard is selecting Linkedin as a platform for those professional
and business audiences who are widely active there and seeking for specialized articles, and
Facebook as a widely-used platform all over the world for general audiences. The company can
also keep its activity on Twitter as another widely-used and popular platform and just reform the
current strategy based on categorizing audiences and content there.
Note. Adapted from “Linkedin by the Numbers: Stats, Demographics & Fun Facts.” By
OMNICORE. (2020). (https://www.omnicoreagency.com/linkedin-statistics/)
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Note. Adapted from “31 Social Media Content Ideas And Examples For Every Business.”
By Rusine, R.. (2020). (https://socialsuccessmarketing.com/31-social-media-content-ideas-and-
examples-for-every-business/)
Since almost 29 percent of the visitors in one month have been from the U.S, Linkedin
can be a proper platform because many people in North America use Linkedin these days as their
business and official social media (Kumar Kar, & Aswani, 2017). Besides, many professional
users of Tech Talk content, such as students, especially graduate students, instructors, and
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business people, use Linkedin actively. Therefore, managing to have a presence on Linkedin can
increase the traffic received by the website.
Note. Adapted from “Tech Talk: Creating a Social Media Strategy.” By Kumar Kar, A.,
& Aswani, R. (2017), P.10 (https://www.iveycases.com/ProductView.aspx?id=86533) Copyright
2017 by Richard Ivey School of Business Foundation.
Note. Adapted from “50+ LinkedIn Statistics For 2020 (User Stats, Demographics,
Usage & More).” By Gallant, J. (n.d.). (https://foundationinc.co/lab/b2b-marketing-linkedin-
stats/)
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Note. Adapted from “Current Distribution of Worldwide DITA Users.” By IXIASOFT.
(2017). (http://archive.ixiasoft.com/en/news-and-events/blog/2017/current-distribution-
worldwide-dita-users/)
Moreover, Facebook and Twitter, as two popular platforms in the world, especially in
North America and Europ, can provide Tech Talk with numerous audiences. Since many people
use these platforms to fill their spare time and for recreational reasons, Tech Talk can easily offer
its general articles to these groups of people in addition to professional readers there.
Outsourcing Social Media Marketing or Managing In-house
In order to make a correct decision regarding outsourcing social media marketing or
doing it in-house, Tech Talk should consider several factors and compare each of these
approaches considering these factors. One of the most important factors in this regard is the cost.
If Tech Talk considers in-house social media marketing, then it needs multiple specialists to
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perform it, and it imposes a high cost on the company. Otherwise, a comprehensive and
competent outsourced provider can get the company more specialists for less cost.
Another critical element is speed. Setting up hiring and equipment to begin a project in-
house takes longer while outsourcing to the trained individual allows the project to start and
move forward quickly. Scale also matters. The constant battle of talent acquisition, training, and
implementation adds to the challenge while the company does in-house social media marketing.
In contrast, outsourcing to those with experience allows Tech Talk to scale a greater level.
One more element, which matters is quality. An inside marketing team may not have the
depth of expertise the company can find with outside specialists, whereas specialists with
experience in marketing strategy, techniques, and tools help it keep up with a rapidly changing
business world. Finally, the last but not least factor is stress. If Tech Talk stays in-house, it is
responsible for the stress of the employees, while managing an outsourced team can reduce the
stress. However, in this regard, Tech Talk may need a marketing partner to help it manages the
outsourced team as well.
Comparing outsourcing social media marketing with managing it in-house
In-house Marketing Outsourcing
Needs multiple specialists to perform it,
and it imposes a high cost on the
company
Price
A comprehensive and competent
outsourced provider can get the
company more specialists for less cost
Setting up hiring and equipment to begin
a project in-house takes longer Speed
Outsourcing to the trained individual
allows the project to start and move
forward quickly
The constant battle of talent acquisition,
training, and implementation adds to the
challenge
Scale Outsourcing to those with experience
allows scaling a greater level
An inside marketing team may not have
the depth of expertise compared to
outside specialists
Quality
Specialists with experience in
marketing strategy, techniques, and
tools can help to keep up with a rapidly
changing business world
Responsibility for the stress of the
employees
Stress Managing an outsourced team can
reduce the stress
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Overall, considering all factors and criteria, outsourcing social media marketing is a
better strategy for Tech Talk than managing it in-house.
How to Invest in Building an Effective Presence on Social Media Platforms
To tackle this issue, Tech Talk should take several measures to build an effective
presence on social media. The power of social media is very much because it is based on social
networking. In this regard, the first thing is to advertise their articles and electronic contents in a
practical and efficient way. Their advertisement should be effective and attractive for a wide
range of audiences. To make their advertisement more effective, a beautiful and attractive design
of the Tech Talk page is the first step. The striking and stunning page design has a substantial
impact on the audience. They also have to increase the quality of their articles in parallel with
their advertisement to increase the influence on the viewers and encourage them to use their
networks in order to introduce Tech Talk to the others and become a part of their advertisements.
Tech Talk should also design a welcoming system to welcome anyone who visits their
pages, links, or products. The welcome message is an effective way to make a pleasant sensation
in the audience and encourage them to keep visiting their page and website.
Another point for Tech talk to consider is to plan various promotions on their page and
website. In addition to visual and content motivations, audiences need several promotions to get
motivated and become loyal to a producer or service provider. They need to offer promotions on
several products, especially on subscriptions, to attract more members and benefit from a long-
term relationship with their viewers. These promotions help audiences to become more loyal to
the Tech Talk website and keep reading their articles for a long time.
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Moreover, the last but not least is to follow up with their audiences. Sending routine
flyers to the audiences by the Tech Talk or sending a gift on their birthday, even an electronic
birthday card can be so impressive on the loyalty.
Conclusion
In conclusion, if the Tech Talk wants to increase the traffic received from social media,
the first thing is to know its strengths, weaknesses, opportunities, and threats through SWOT
analysis done in this report. It is also crucial to comprehend and compromise the underlying
blocks for social media websites. Hence, Tech Talk should strategize the interaction with readers
on social media. Besides, categorize audiences and providing content based on these categories
and criteria is essential. Furthermore, it should focus on Linkedin, Facebook, and Twitter as
specialized and general platforms for business audiences and public audiences.
Recognition of the key performance indicators and implement them is another point that
Tech Talk should consider. Also, outsourcing social media marketing would be a better strategy
for the company. Finally, Tech Talk needs to invest in building a strong and effective presence
on social media. To do so, advertising, providing a welcoming system, unique and attractive
page design, offering promotions, and following up their audiences are significant to make
considerable loyal audiences and to build a lasting and robust brand.
It is anticipated that with the support of a detailed SWOT analysis, data analysis, detailed
recommendation, and implementation plan, this report helps Tech Talk to be able to receive a
remarkable amount of traffic through social media by the end of this project.
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References
Gallant, J. (n.d.). 50+ LinkedIn Statistics For 2020 (User Stats, Demographics, Usage & More).
Foundation. (https://foundationinc.co/lab/b2b-marketing-linkedin-stats/)
Harris, J. (2019). Common Content Marketing Goals and Associated Metrics. Nail Your Content
Performance With This Measurement Starter Kit. Content Marketing Institute.
(https://contentmarketinginstitute.com/2019/09/content-performance/)
IXIASOFT. (2017). Current Distribution of Worldwide DITA Users. IXIASOFT.
(http://archive.ixiasoft.com/en/news-and-events/blog/2017/current-distribution-
worldwide-dita-users/)
Justadandak. (2013). The Intersections & Asking Better Questions Blog. Justadandak.
(https://justadandak.com/different-types-of-social-media-users-connectors-learners-
aggregators-marketeers-clamrl/)
Kubr, M. (2002). Management consulting. A guide to the profession. (4th ed.). International
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Kumar Kar, A., & Aswani, R. (2017, July 19). Tech Talk: Creating a Social Media Strategy.
(Product No: 9B17E009). Ivey Publishing.
https://www.iveycases.com/ProductView.aspx?id=86533
OMNICORE. (2020). Linkedin by the Numbers: Stats, Demographics & Fun Facts.
OMNICORE. (https://www.omnicoreagency.com/linkedin-statistics/)
Razorsocial. (n.d.). The Definitive List of Social Media Marketing Tool Categories for
Businesses. Razorsocial. (https://www.razorsocial.com/social-media-marketing-tools-for-
businesses/)
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Rusine, R.. (2020). 31 Social Media Content Ideas And Examples For Every Business. Social
Success Marketing. (https://socialsuccessmarketing.com/31-social-media-content-ideas-
and-examples-for-every-business/)
SmarterQueue. (n.d.). Categorize Your Content Types. SmarterQueue.
(https://smarterqueue.com/features/content_categories?src=all_features)
The Daily Egg. (2019). The Best Website KPI's For Three Different Website Types.The Daily
Egg. (https://www.crazyegg.com/blog/best-website-kpi/)