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Assignment 10 - Group No 14
Assignment 10 - Group No 14
Assignment 10 - Group No 14
ANALYTICS
MAERSK
LINE - B2B
SOCIAL
MEDIA
Group 14 (Term 6)
Discussion Outline
TODAY'S TOPICS
The case describes the biggest container transport firm in the world
launching a social media platform.
Details about the many platforms used, the kind of material offered on
each, and the accompanying expenditures are presented in the case
(including headcount).
The case is concluded with the query, "How to proceed?" This presents
an opportunity to talk about the far more problematic organizational
aspects of the programme launch
Success of Maersk
Q1. WHY DO YOU THINK MAERSK LINE WAS SO SUCCESSFUL IN SOCIAL MEDIA?
WHAT DO YOU THINK ARE MAERSK LINE'S KEY DRIVERS OF SUCCESS?
Maersk Line's use of social media was so successful because the company viewed it as a tactical marketing
tool.
In order to discover the best B2B social media techniques, Jonathan Wichmann first investigated Dell's and
GE's social media strategies.
Subsequently, Maersk Line created its own distinct strategy for using social media, concentrating on
customers. Wichmann pointed out "Social media is not about selling; it is about communication. Engaging is
key, not pressing." Wichmann wanted to "engage his audience in a genuine way."
Thomas Bigum, a social media expert, listed several elements that contributed to Maersk Line's success, such
as its bravery, storytelling, and being an early adopter of social media.
Key Drivers of Success
THEIR VISUAL STORYTELLING THEIR TRANSPARENCY
They used photos of ships, seascapes, and They didn't just tell the positive stories.
ports to tell stories and share their history. Ex- They told the negative stories too. Ex -
giraffe on a containership. whale incident.
NON-MONETARY RETURNS
Employee pride in the company, brand recognition, less expense in answering
customer service concerns, cultural benefits and improved efficiencies by
empowering employees to become thought leaders
Competitors
Q4. HOW DO YOU THINK MAERSK LINE'S COMPETITORS WILL
REACT TO THE COMPANY'S SUCCESS IN SOCIAL MEDIA?
Wichmann held that much of his success was owing to the autonomy he enjoyed, affording him a spontaneous and
flexible approach to engage authentically with his audience.
This successful recipe and his "lean is fun" mantra could be threatened by the proposal of a social media
department growing to a staff of five, with a $250,000 budget.
Wichmann's engineering of the social platform was indeed noteworthy; but the new team must think strategically
and do more than just accumulate fans on Facebook and win awards which may not justify the additional
investment.
Forrester Research estimates that 98% of users of social media are "spectators."
Recommendations
Q6. WHAT SHOULD MAERSK LINE DO NEXT?WHAT AREAS SHOULD THE COMPANY FOCUS ON AND
WHY?
STEP 1 STEP 2 STEP 3
Now that Maersk has achieved Adobe has a suite of products The first step for Maersk to take
some level of 'traction' in social designed to assist in precisely these Social and in fact all its marketing
media, it needs to work on kinds of analysis, including Adobe channels to the 'next level' would be
monetizing its success as it scales Channel Manager and Adobe for them to migrate from Google
further. Hard buckets of value are Social. Furthermore, Adobe has Analytics to Adobe analytics.
clearly traditional media savings, experts who are experienced at They should then attend the Adobe
customer service savings, and linking online analytics with offline Digital Marketing Summit to learn
increased conversions due to customer relationship management how the world's best practitioners
improved customer engagement. systems to provide and end-to-end measure the impact of online
Soft buckets are brand awareness view of ROI for all marketing marketing, including social. With
and improved customer sentiment channels, including social. these data in hand, it should be
Unfortunately, Maersk is not yet easy for Skyum-Nielsen to justify
an Adobe Analytics client. additional budget.
THANK YOU..!
Group-14