Advanced Social Media Strategies - CUNA CouncilsAdvanced Social Media Strategies: Finding, Engaging,...

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Advanced Social Media Strategies: Finding, Engaging, & Converting

Members with Social Media

Sundeep Kapur

#DigitalStrategies

@emailyogi

@emailyogi

Lessons from Birds…

Fundamentals of Social Media

1. Get more

2. Know more

3. Spread the word

4. ROI

5. Train employees

@emailyogi

I have three questions

1. What works better to get members:

– Intrigue or Incentive?

2. What gift should you give your members:

- Small (Pens, Cups, Calendars)

- Medium (Gift Cards $10 - $50, Meals)

- Large (Vacation, Cars)?

3. Who should you incent:

– Employees or Members?

What I am going to cover…

1. Preferences

2. Trust

3. Technology

@emailyogi

Impact of Social Media

Facebook: over 1.35 billion active users

Twitter: over 284 million active users (80% on Mobile)

YouTube: reaches more US adults ages 18-34 than any cable network

LinkedIn: 332 million active users

Pinterest: 70 million users (80% Women)

Instagram: more than 70 million users daily

Snapchat: 100 million monthly active users (Millennial?)

& then there is Google

@emailyogi

Discover Card (Bank)

@emailyogi

A banking tale: ICICI Bank

India’s largest private sector bank serving over 40 million customers. Over 15 million online.

@emailyogi

Driving Extreme Innovation

Contactless Payments – NFC & Wave

SMS Money

Twitter Money Transfer

Payment Pilots

Biometric Security

@emailyogi

Delivering Extreme Engagement

@emailyogi

Facebook: Front Facing Engagement

Announcements & Updates

Products & Services

Testimonials

Business Development

Games & Contests

Questions & Answers

Branding & Engagement

@emailyogi

Facebook: Back End Research

@emailyogi

Google

Plus

Places

Reviews

Hangouts

Stuff

@emailyogi

A few good tweets…

Twitter

Crisp, clean, concise

Grabbing attention

Indexing content & keywords

A/B Testing

Long tail marketing

Leveraging events

Follow strategically

@emailyogi

Twitter

Top 10 financial tips for new grads

Trick yourself into serving

Avoid these five tax mistakes

Banking in your pocket

Our annual meeting… #ImportantStuff

@emailyogi

YouTube

Five Ways to Use YouTube Advertising, Messaging, Explanation, Branding, Content Library

Five Steps to a Winning Video Headline, Feature, Function, Benefit, CTA

Be Verbose in Tagging Immense SEM benefits

Drive Members to Landing Pages via YouTube Tell the rest of the story, Easy clicks

Leverage Content across Channels If a picture is worth a 1000 words, a good video is …

@emailyogi

Blog

Contextualized repository

Offer good search functionality

Leverage all “multi-media” content

Back link effectively

Connect to primary site for enhanced traffic

Keep updating, it is easy & helps

Encourage comments & interaction

@emailyogi

1000 words…

@emailyogi

Pinterest/Pictures

Research

Pictures

Calendar

Pinning Advertising

Caption Contests

@emailyogi

Are you connected?

LinkedIn

Brand page

Representative pages

Discussion groups

Research

Search

@emailyogi

(Should you be on) Yelp?

Connecting Social Media Channels

Making a Difference…

Auto

Home

Life

Business

Lifestyle

Because they need to

get around.

A good standard of

living.

Helping them grow.

A roof over their head.

A way to care for the

family. @emailyogi

Creating Consumer Journeys

@emailyogi

How a Consumer Buys a Car

Value of existing vehicle?

How much car can they afford?

Insurance needs?

Should I get pre-approved?

Now I can focus on the car!

@emailyogi

1. Kelley Blue Book: http://www.kbb.com/ NADA Black Book: http://www.nadaguides.com/ 2. CU look up calculators: http://www.culookup.com/calculators 3. Insurance Options Basic Insurance GAP Mechanical Breakdown Debt Cancelation AD&D 4. Pre-approval auto form: https://auto-loans.wellsfargo.com/online-car-loan.html 5. It’s just about the price of the car and not the price of the loan

@emailyogi

Search and Social Media

• Minimize your spend via social

• Keep a tab on your competition

• Choose & leverage your key words effectively

Connecting Social Media to Other Digital Channels

Online

Mobile Email Social

How much does a family of four…

“The rest of the story” is on social • How we get in touch with you • How can you contact us

• It is part of our brand

@emailyogi

Connecting Social Media to Traditional Channels

Easy access to information

Advertising & testimonials

Discussion groups, CEO chat, user generated content

Authentication & login (Pockets*)

Thank you & follow up

Webinars: upcoming & existing library

Big data journeys

Branch ATM Call Center Direct Mail Mobile Online

@emailyogi

Lessons from Champions

Self Service

3 Minute Transactions

Reading Minds

Mobile Rules

CRM & Big Data

Payments

Service Excellence

From Self Service to Service Excellence…

@emailyogi

Three Tips on Measuring ROI

Engagement

Followers, connections, likes shares, tags, comments

Reduced Cost

Webinar vs In House

FAQ’s – Direct Mail

Increased Revenue

From to Interest to Conversion

Social Media Smarts

@emailyogi

Practical Steps on Building Engagement

1. Your message

2. The value of your message

3. What do you want them to do?

Evoking a Response: From Click to Conversion…

@emailyogi

Key Components of a Message

Text Image Video

@emailyogi

Creating Powerful Messaging

Create a value table

Categories: Urgent, important, informational, useful, branding, marketing, sales

Two Perspectives: CU & Member

Choose the tone based on value table

Choose the right channel to deliver message

@emailyogi

What next?

What do you want them to do?

define a clear objective

measurable

Does the “landing area” look okay?

How are you going to fulfill?

How will you measure success?

What about retargeting?

@emailyogi

Five Types of Media

Owned

Earned

Paid

Shared

Integrated

Everything your business owns: your website, blog, and social

media pages

Any references by the media: press releases, articles and

social commentary

Media earned by your business through paid advertising

Member interaction and shares (likes, tweets, forwards) on

other media

Print, TV, or other forms of “traditional” media with references

to the digital media

Why do Cardinals Kiss?

@emailyogi

•How much does a family of four spend on drinks…

•How much home can you afford…

•How long before you become a millionaire..

•Intrigue Works!

Three Key Considerations

Segmentation:

Does age really matter?

Personalization:

How do you carry it across channels?

Branch Transformation:

Focus on people, not esthetics

@emailyogi

Key Takeaways

Where are your consumers?

How do you get your people to connect digitally?

Do you know what they want?

Can you build a consumer journey?

How do you staff for success?

user generated content

organizational structure

The Yogi Knows

@emailyogi