Marketing assignment, final project
Integrated Marketing Communications
Joe Di Donna - Bluche - Switzerland
Social Media
K. E. Clow, D. Baack – Pearson
Chapter 9
Social Media
- Social Media = any digital tool that allows individuals to socialize on the web.
- Social Network = social structure of individuals and/or organizations
- Social Media Marketing = the utilization of social media and/or social networks to market a product, company, or brand.
Social networks
- General Social Networking Sites (all targets): Facebook
- Niche Social Networking Site (one target): FarmersOnly
- Social Bookmarking Sites: (share bookmarks of websites)
Social Media Sites
- Facebook, the largest social media site, host more than 1.2 billion users worldwide.
- It capture approximately 73% of social media advertising budget (10 billion dollars)
- New trend, teenagers decline.
Social Media Sites
- Instagram, a mobile photo and video social sharing network owned by Facebook.
- 520 million monthly users.
- Hospitality marketers use it a lot.
Social Media Sites
- Twitter, microblogging service reaches a wide audience.
- In USA, Hispanics and African Americans use it a lot.
- Marketers that use Twitter: JetBlue, Starbucks, Southwest Airlines and…Mr. Trump
Social Media Sites
- Youtube, the fastes-growing area of social media networking involves posting videos. Consumers create their own video with mobile devices.
- Video reviews of products.
- Re-creation of broadcast ads.
Social Media Marketing
- Reasons for Social Media Marketing:
Engage fans
Increase brand exposure
Avenue for customer interaction
Increase traffic
Generate leads
Enhance brand image
Improve search rankings
Develop loyal fans
Increase sales
Social Media Marketing
- Function of social listening:
React to negative feedback
Detect problems
Gather topics for branded content
Predict trends
Detect patterns or shift in views
Identify brand advocates
Social Media Marketing Strategies
- Content seeding (offering consumers incentives to share content about a brand)
- Real-time marketing (creation & execution of marketing messages during an event)
- Video marketing (i.e. on Youtube)
- Influencer marketing (using influencers, like Traackr)
- Interactive blogs
- Consumer-generated reviews (i.e. on Amazon)
- Viral marketing
SEO Vs. SM
Google ad words
Facebook advertising
New web sites for social media optimization