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Notes Social Media Management
Notes Social Media Management
Table of Contents
EXAM..........................................................................................................................................0
LECTURE 1 – Introduction of social media today..........................................................................1
LECTURE 2: Social media strategy & KPI’s....................................................................................3
LECTURE 3: Social influence.........................................................................................................7
LECTURE 4: Social media marketing #1........................................................................................9
LECTURE 5: Social media marketing #2......................................................................................11
LECTURE 6: Social media analytics.............................................................................................12
LECTURE 7: Social media & B2B.................................................................................................13
LECTURE 8: Social CRM & customer service................................................................................17
LECTURE 9: Social media, innovation & public sector.................................................................18
LECTURE 10: Human Relations (HR) & enterprise social media...................................................19
LECTURE 11 Legal & ethical issues of social media management................................................19
LECTURE 12: Wrap-Up session...................................................................................................22
EXAM
“A social business is an organization that strategically engages, analyses, and manages social media to
structure organizational processes and support organizational functions in order to realize operational
efficiencies, generate comparative advantages, and create value for customers, shareholders, and others. “
HYPER TARGETTING
- Companies are especially using social media ads.
o Use of hyper targeting = target very ‘specific’ individual profiles (data)
o Based on your personal information (interests, clicks, age etc) … "cookies" & "algorithms".
Example: info: single = ad: dating.
WEB 2.0 – Read and write.: Multi-way-communication, interactive, read and write (end-users).
"Web 2.0 is the technical platform for the evolution of social media, as it allows online content and
applications (e.g., blogs or wikis) to be modified by all users in a rather participatory and collaborative
way" - (Kaplan and Haenlein 2010).
Web 2.0 allows users to create content, interact, collaborate, comment, like = “generate content”.
Example: Library page allows user to review (like, share, comment) books online.
USER-GENERATED-CONTENT (UCG)?
- “sum of all ways in which people make use of social media” - Kaplan and Haenlein (2010)
- “various forms of media content that are publicly available and created by end-users” Kaplan & Haenlein
o Example: blog posts, comments, videos (YouTube) etc. (WEB 2.0)
- Definition (2) “Social media are interactive computer-mediated technologies that facilitate the creation
and sharing of information, ideas, career interests and other forms of expression via. virtual
communities and social networking services. (Kietzmann et. Al)
Social Media Engagement (SmE):“Organization's strategic use of social media channels to interact with its
internal and external stakeholders and customers for the purposes ranging from marketing, customer
support, product development and knowledge management”.
Social Media Analytics (SmA):“Collection, storage, analysis and reporting of social data emanating from the
social media engagement of and social media conversations about the organization”
Social Media Management (SmM):“SmM focuses on the operational issues, managerial challenges and
comparative advantages with respect to the emerging paradigm of Social Business”
3 MODES
The entrepreneurial mode
The adaptive mode
The planning mode
- Social media strategy = Needs to be linked (anchored) to the organization’s overall strategy mission & in humans.
S Specific Simple
M Measurable Quantifiable
A Attainable Realistic
DEFINITION – Forrester.
“Customers relationship with a brand as they continue to discover, new options, explore their needs, make
purchases and engage with the product experience and their peers.”
SOCIAL ‘NORMS’
- "informal understanding that controls the behaviour of members in a society".
o Social norms may vary from country, sub-culture or group.
CONFORMITY 3 TYPES
- Three ways people can conform to the opinions/behaviours of majority.
o Compliance: when people change public behaviour, but not their private beliefs. (mainstream)
o Identification: when people change public behaviour to fit a certain social role or to imitate someone
desirable such as a celebrity.
o Internalization: genuine acceptance of the group norm. Publicly and private change of
opinion/behaviour /permanent)
LIKING
"People like those who like them"
Application: Uncover real similarities and offer genuine praise.
REPCIPROCITY
"People repay kind"
Application: Give what you want to receive"
SOCIAL PROOF
People follow the lead of similar other
Application: Use peer power whenever it's available
CONSISTENCY
People align with their clear commitments"
Application: Make their commitments active, public and voluntary
AUTHORITY
People defer to experts
Application: Expose your expertise; don't assume it's self-evident.
SCARCITY
People want more of what they can’t have less of.
Application: Highlight unique benefits and exclusive information.
- OBLIGATION - RECIPROCATION
- COMMITMENT - CONSISTENCY
- CREDIBILITYT - AUTHORITY
- FRIENDSHIP - LIKING
- COMPETITION - SCARCITY
ONLINE ADVERTISING
- Online ads nowadays appear on websites, social media tools, or search engine results pages.
ONLINE ADVERTISING TRADITIONAL ADVERTISING
Paid Marketing initiative on the internet or social media Paid marketing initiative on the traditional
mass media (ex. Radio, newspaper, TV)
HYPER TARGETTING
- Companies are especially using social media ads.
o Use of hyper targeting = target very ‘specific’ individual profiles (data)
o Based on your personal information, friends (interests, clicks, age etc)
… "cookies" & "algorithms".
VIRAL CAMPAIGNS
- Main challenge is to create online content that users are eager to share and to start targeting those
users who can influence others to share (e.g., trendsetters) in order to encourage the sharing process.
Goal 1. Create content that people are eager to share (e.g., video clips, games, images, text messages, etc.).
Goal 2. Focus on trendsetters; people who can influence others and who can start the sharing process.
ADVANTAGES DISADVANTAGES
TRADITIONAL MARKETING
MODEL: AIDA
- Marketing as activity towards a single transaction
RELATIONSHIP MARKTING
- Marketing is to establish, maintain and enhance relationships with customers and other
parties at a profit so that the objectives of the parties involved are met. This is done by a
mutual exchange and fulfilment of promises.
Model: Consumer life cycle
- Marketing as a long-term relation
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THE 4C's
- Fundamental user motivations for engaging with social media.
Consumers may go online to Connect with their family and friends (e.g., checking and sharing status
updates on Facebook), Create content (e.g., posting YouTube videos), Consume content created by others
(e.g., reading product reviews), and finally, consumers may exercise control over their online self-
presentation (e.g., adjusting online profile or privacy settings).
o 4 Cs of social media:
C: CONNECT → we are social creatures (socialize), to connect with friend’s 'belongingness'
C: CREATE → self-expression, validation,
C: CONSUME → activity,
C: CONTROL → controlling the self-presentation
4 types of CEO’s
Generalists: share wide range of content
Expressionists: Non business content
Information Mavens: “Trusted curators of content”
Business Mavens: "Business-related content"
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PITFALLS
BUT Tweets are not risk-free
Twitter is a fast-moving communication medium, and there is an inherent risk in sharing information in
real time '
Risk of relying too heavily on the CEO’s branding through SoMe - CEO's do change positions
CEOs cannot be controlled. Where to draw the line between company statements and personal
statements?
12
B2B involves:
More personal 1-1 selling
Much longer decision-making process
Multiple people involved in decision making process.
o (complex web of people: influencers,
gatekeepers, stakeholders, managers, etc.
13
IDENTITY
B2C: Understanding audience is important: age, name, gender, profession etc.
B2B: Helps to build corporate and brand identity.
CONVERSATIONS
B2C: Launch and monitor campaigns and customer engagement.
B2B: Conversations are with fewer individuals about needs for specific solutions, product training,
online product demonstration and comparative positioning of one offering vs. it's competition.
SHARING
B2C: Firms need to evaluate what type of content need to be shared so that no ethical, social, legal
values are violated.
B2B: observe and monitor commonality between their users and determine what content they
create and share to respond more quickly to changes or requirements.
RELATIONSHIPS
B2C: The extent to which users can be related to other users: how they create "forms of association
that lead the to convers and share.
B2B: Firms focus on relationships with their corporate suppliers and customers to create af web of
users throughout the SM platform
o Person2Person trust building.
PRESENCE:
B2C: Firms are able to analyze customers preferences toward receiving information (presence:
location and avilability, timing, etc.)
B2B: Firms can create a sense of 'perceived social presence' that positively impacts customer
attitudes, and the perceived responsiveness to consumer issues and trust.
REPUTATION
B2C: reputation is measured by strength (number of times you have been mentioned), passion,
sentiment etc.
B2B: Reputation of the firm reflects such intangibles as goodwill, brand equity and trust.
o Credibility and benevolence in buyer-seller relationships influence trustworthiness of and
the transaction success in B2B marketplaces.
GROUPS
B2C: as friendship network grow larger might lead to form communities so firms can craf specific
messages to groups based on their purpose effectively.
B2B: there are different types of stakeholders, involved in B2B context.
14
Relationship strategy
- Social media promotes and encourages listening
- Customers want to be heard, understood, and appreciated (listening)
- relationships, both personal and business, are built on trust
Price strategy
- The firm now has the ability to experiment with its pricing initiatives in an effort to provide
value to its customers (implementation of discounts and deals)
15
Organizational buying is a decision- making process carried out by individuals, in interaction with
other people, in the context of a formal organization
The buying behaviour involves individuals making decisions in interaction with other people, both within
and outside their organization.
Social media functions and the five stages of the buying decision process Hoda Diba et al. (2019)
16
DEFINITION OF SCRM – (a way of listening and engaging with existing and nonexciting customers)
“a philosophy and a business strategy, supported by a technology platform, business rules, workflow,
processes and social characteristics, designed to engage the customer in a collaborative conversation in
order to provide mutually beneficial value in a trusted and transparent business environment. . ..” “The
company’s response to the customer’s control of the conversation” - (Greenberg 2009).
CRM Span across many departments: Marketing, sales, customer service & innovation.
Pros of SCRM
- Accessibility
- Transparancy
- Proactive.
CRISIS COMMUNICATION
- People naturally seek explanations for events and crises.
17
CRISIS MANAGEMENT
The purpose of crisis management is” to prevent or reduce the
negative outcomes of a crisis” (Coombs, 2015)
18
LECTURE 10: Human Relations (HR) & enterprise social media (ESM)
HR - A MANAGEMENT PERSPECTIVE
"The division of a company that is focused on activities relating to employees.
These activities normally include recruiting and hiring of new employees,
Orientation and training current employees, employee benefits and retention".
(1) Communicate messages with coworkers or broadcast messages to everyone in the organization.
(2) Explicitly indicate or implicitly reveal particular coworkers as communication partners.
(3) post, edit, and sort text and files linked to themselves or others
(4) view the messages, connections, text, and files communicated, posted, edited and sorted by anyone
else in the organization at any time of their choosing.”
PROBLEM
"The way information gets 'traditionally' shared in many companies today — wastes a lot of talent".
"if only HP knew what HP knows, we would be three times more productive".
GOAL
Help employees know what and whom their colleagues know — so that they can move more
quickly and smartly in all their work.
19
OBJECTIVE
When businesses use Facebook-like internal social networking sites for employee interaction,
employees learn things about each other that can pay off in big ways down the line.
SOLUTION
Implement new technologies and leverage the informal social networks within their companies to make
knowledge sharing happen more effectively.
Making conversations transparent by moving them away from emails and onto a Facebook-like internal
social networking site.
ESM CHALLANGES
Getting people onboard
Interruptions – unnecessary knowledge?
20
- Blog posts or brand reviews paid by marketers, - Revealing business information online
who are hired by an organization - Insulting clients or colleagues online
- Ghost tweeters & Fake customer reviews - Posting obscene photos about their spare time
POLICIES:
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