Social Commerce: How to Build a Successfully Sustainable Strategy

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Social Media + Your Crafts = Online Sensation

Matt Winn Social Media Manager


Howdy, ya’ll! Matt Winn Social Media Manager, Volusion

• Chief blogger: The Ecommerce Authority • Join me on YouTube every Tuesday • Aspiring cook, sports junkie, certified nerd • Small-town Texan, Mexican food fanatic


Today’s Agenda •

What is social media anyway?

Build your social strategy

Grow and engage your fan base

Create a consistent message

Drive more sales with social media

Debunk social media hype

Remember these clichés


What is social media? “A category of sites that is based on user participation and user-generated content.�


What isn’t social media? • Social media is NOT: – A one-sided conversation – An excuse to share crappy content – Just Facebook and Twitter – About sales pitches – A free lunch


Build Your Social Strategy

80% 93%

of web users visit social sites on a monthly basis

a

a

of web users believe a brand should have a social media presence


Soap Box #1: Strategy Strategy: A comprehensive plan meant to achieve a long-term objective Tactic: A specific action within a strategy to help reach the desired goal

“Only 41% of companies have a strategy to guide their social media activities.� (MediaPost)


Set Your Social Objectives • Several to choose from: – Brand awareness – Thought leadership – Networking – Feedback mechanism – Advocacy building – SEO gains

• Pick the best channel(s) to meet your objective


Pick Your Channels

85%

85% of consumers online trust recommendations from people they know; 70% trust opinions of unknown users. (Econsultancy)

90 times

The average consumer mentions specific brands over 90 times per week in conversations with friends, family, and coworkers. (WOMMA)

53%

53% of people on Twitter recommend companies and/or products in their Tweets, with 48% of them delivering on their intention to buy the product. (ROI Research for Performance)


Required: Blog as Your Base Your blog should serve as the center of your social media strategy. Why? – Primary hub for content creation and sharing – Great SEO supplement for all keywords – Best social tool for inbound marketing

– Premier outlet for niche audiences


Facebook: Community Center Build your alliances and champion your brand on Facebook: • Share your personality • Provide an insider’s view to your business • Get fans interacting with each other • Create a “face” for your brand • Utilize various tabs and tools • Spread your content (remember that blog thing?)


Twitter: Extend Your Reach Talk to outer circles and potential customers: • Understand your audience • Listen first, then respond • Look for pertinent keywords and topics • Become a thought leader

• Identify and engage influencers • Spread your content (still that blog thing)


LinkedIn: Network It Join industry groups, share insights and get to know people: • Understand your audience • Find pertinent groups and participate • Establish a professional reputation • Provide product recommendations • Spread your content (not letting it go)


YouTube: Get in the Game Show off yourself, your products and your personality: • #2 search engine in the world • Provide product demonstrations

• Utilize video testimonials • Educate your customers and prospects • Spread your content (seeing a trend?)


Pinterest: Connect Build relationships on a lifestyle level • Fastest growing social site • 80%+ of user base is female

• Create endless pinboards • Show off your brand’s personality • All about lifestyle, not selling


Soapbox #2: Metrics Base your metrics on your goals – there is no strategy without objective measurements. Some example KPIs: • Number of fans/followers/subscribers • % growth of followers, views, etc. • Amount of visitors from social to website • Coupon redemptions from social exclusives • Reach (shares, likes, RTs) of unique content


Exercise 3: Grow Your Community

1 in 6

Social media accounts for one out of every six minutes spent online in US.

500K

Twitter is adding nearly 500,000 users a day

3x

Time spent on social networks is growing at 3x the overall internet rate, reaching approximately 10% of all usage


Grow Your Social Presence Know why people follow your brand: 1. To receive discounts and promotions 2. To show others they like your brand 3. To receive access to exclusive information 4. To get updates and news about the company


Grow Your Social Presence Try these ideas: –

Run a contest

Email your customer base

Share good content (again)

Don’t be afraid to ask –

75% of Facebook users liked a brand because they were directly invited (MarketingProfs)

Place your icons everywhere, provide incentives, run contests, be creative!


Create a Consistent Message • Don’t ignore design, visuals • Keep your tone the same • Create branded, not random, content


Exercise 4: Drive More Sales

73% 67% 51%

73% of US companies use social media as a marketing outlet

Twitter followers are 67% more likely to purchase than non-followers

Those who like a brand’s Facebook page are 51% more likely to purchase


Sell directly on your page • Find a solution that allows you to list products directly on Facebook • Don’t list every single product on your page

• Remember that the goal is to drive traffic back to your actual website


Kick it up with daily deals • Great way to increase brand awareness and acquire new customers • Watch your proverbial shirt

• Consider options outside of standard daily deals sites


Run contests and share discounts

• Make a detailed campaign plan • Find the appropriate tool

• Get as much from it as possible


Soapbox #3: Social Media Hype “Don’t assume social media will solve everything. If your product sucks, social media won’t fix it.” Myth

Reality

• Revenue savior

• Communication channel

• Only source of marketing

• Piece of a larger puzzle

• It’s free and easy!

• Takes a lot of work


If you’re taking notes… Remember these five social clichés: 1.

Listen first, engage second, measure always

2.

Think conversations, not campaigns

3.

Earn your plug

4.

Give up control

5.

Don’t feed the trolls


Want to learn more? • Ecommerce Bootcamp: Sell Online in 60 Minutes – Sunday at 11:00am, Crowne Plaza San Miguel Room B

• Drop your business card or email address for a copy of today’s presentation! • Like us on Facebook for daily tips – Facebook.com/volusion


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