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Leveraging Social Media
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Kinshuk Sunil
March 28, 2012
Business
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62
Leveraging Social Media
Kinshuk Sunil
March 28, 2012
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Transcript
A look at how social media marketing is transcending boundaries
AGENDA What are we going to discuss
Traditional Marketing How was it done? What’s wrong with it?
Social Media What is it? How does it help? Network,
Reach and Virality Leveraging Social Media
TRADITIONAL MARKETING The way we used to do it
“the activity, set of institutions, and processes for creating, communicating,
delivering, and exchanging offerings that have value for customers, clients, partners, and society at large”
Product Price Promotion Place
Identify the Customer Engage the Customer Keep the Customer
Market Segmentation Customer Engagement After Sales Initiatives
Attract Customers •Mass Media Create Interest •ATL/BTL Activities Create Desire
•Personal Interactions at Channels Desired Customer Action
What’s wrong with it?
Not Real-time
Layered Communication
Time Lag
Mass-centric
Analytics Missing
Huge Spends
Social Media Welcome to the Knowledge Economy
Set of People-centric Media
Social in nature
With reach and accessibility to the Target Consumer
Traditional Media Brand Regional Marketers Local Marketers Direct Contact Consumer
New Media Brand Consumer
SOCIAL MEDIA What is Social Media?
Social Media Includes social channels like: Blogs Social Networks Content-specific
channels Wikis Recommendation Engines etc
Blogs: Mashable, Tech Crunch, Engadget, Digital Inspirations
Social Networks: Facebook, Twitter, Linked In
Content-specific channels: YouTube, Flickr, Slideshare
Wikis
Recommendations Engines: Digg, Reddit
Similarly many more
How does Social Media help?
Takes away the middlemen
Provides cutting edge metrics and analytics
New models of interactions and engagements
New paradigms for conversations
Is Real-time!
It is Social: It comes from people you trust
Network Your social capital
Reach How many people can you engage through your network
Virality Interactions vs Reach
LEVERAGING SOCIAL MEDIA How are organizations doing it?
None
None
CASE STUDIES Some examples of Indian institutions using social media
None
None
Fastrack Facebook Channel Interactions Event based opportunities Ads Conversations Witty
Updates Updates related to Sports and Winning Daily Updates Engagement Regular Discount Deals Metrics Network: 26,89,566 Talking about the brand: 65,472
None
HDFC Bank Facebook Bank Deals Financial Advise Financial News Twitter
Product & Service Updates Event Information Bank Deals Linked In Formal brand presence 10K+ Followers Youtube Limited & Infrequent TV Ads
None
Winning Factors • Consistency • Consumer-focus • Key Engagement elements
• Interactivity • Variety • New models of engagement
KINSHUK SUNIL About the Speaker
What I Do Founder & CEO Hashstash Studios Founder &
CEO Uberfolks Labs
My Interests Founder Indie GameDev India Lyricist and Composer, Ctrl
Alt Delhi Created many niches OSScamps Build Your Own Games CommunityHACKS
Communities Mozilla Representative (India) Mozilla Students Representatives, Regional Coordinator (India)
WebFWD Scout Mozilla Foundation Contributor at Mozilla Firefox Drupal LibreOffice Creative Commons Wikipedia
GBO Batch of 2008 Alumnus of PGDGBO, Batch of 2008
Have a Question? Great! Reach out at
[email protected]
Or catch
me at www.kinshuksunil.com
Thank You Live long and prosper