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Leveraging Social Media in
a Business Environment:
Beyond Branding © 2011
Presented by:
Carisa Miklusak, CEO
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What Should
I do?
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The Foundation of
Emerging Media 1
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Context & Frame of Reference
What Does
it mean
to you?
Social Media
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The Reallocation of Authority
“A PLACE FOR EDUCATION,
COLLABORATION AND
ENTERTAINMENT…
…where voice and opinions can be heard,
debated and commented upon.”
The Open Dialog Marketplace
The Evolution of
Communication
• 38 Yrs
• 50 M
Radio
• 13 Yrs
• 50 M
TV • 4 Yrs
• 50 M
Internet
• 3 Yrs
• 50 M
iPod • < 1 Yr
• 200 M
Integration of
Old Media & New Media
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Emerging Media In a Broader
Context
What does it mean to your
business?
What does it mean to your
industry?
What does it mean to your
clients?
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Organizational Presence
Control
Vs.
Influence
©carisamiklusak
Delegate Authority
Participate
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Social Media
Impacts on the
Business Landscape 2
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Emerging Media Trends
1. Opportunity identification
2. Decision making behavior
3. Research and development
Which bank will give me the
lending terms I need?
What type of investments are
most popular right now?
Is the company I’m considering
investing in socially
responsible?
What investment insights can I
gain from this blog?
Tweet: “I really wish that I
could learn about banking
options online at night…”
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Global Social Media Usage
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North American Usage
33.8 Population 310.2 25.6 Internet 224 18.1 FB 132 1.8 LI 34.5 4.6 TW 25
*In Millions
Sources: eMarketer.com,
physorg.com, dnf.ca
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Creating Value: C3
Collaborative Creative Class
Transparency
Humanism
Authenticity
Freedom
Speed
Values
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Capitalizing on New Media Values
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Business Applications
Marketing & Sales
Operations Customer Service
Investor & Public
Relations
Research & Development
Recruitment/ Culture
Immediate Opportunity…
Opportunity in Action
R&D Customer Service
Regulations
Guidance Notice MR0281
“Crowdsourced”
Issuing Rule 10-06
FINRA Originated
IIROC FINRA
Conduct yourself as you would offline
Retention and retrieval
Static vs. live communication
No e-endorsing or favorable lending practices
Have a corporate policy
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The Blurring Line:
Global Vs. Local
The Blurring Line:
Consumer/B2B Vs. Recruitment
The Blurring Line:
Personal Vs. Professional
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Practical
Implementation 3
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Social Media Strategy
Participate Create Listen
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Listen
Who: Employees, investors, customers, interest and community groups and other stakeholders
What: Channels, topics, sentiments,
influencers, opportunities, compliance/
Legal concerns
How: Listening tools like
Google Alerts and Hootsuite
ACTION ITEM #1
Set up Alerts on a search engine
of your choice.
-OR-
Set up a free account on
Hootsuite.
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Participate
ACTION ITEM #2
Join a LinkedIn or Facebook
Group, or follow a Twitter List,
and participate in a conversation.
Share a resource, quote an
article, or ask a question.
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Create: Content Theory
What Problem
Can You Solve?
Education
Collaboration
Entertainment
ACTION ITEM #3
Post a neutral
status update on Facebook, Twitter or
LinkedIn about a recent
industry development.
Include a supporting link to an
informative (not opinionated) article.
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Response Strategy
Capitalize on
Negative
Comments
in the Social
Sphere
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Response Strategy
Capitalizing on
Positive
Comments
in the
Social Sphere
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Social Influencers
Measurement & ROI
KPIs RISK MITIGATION
Web Analytics
Sentiment Insights
Action Statistics
Offline Metrics
Bottom Line Impact
The Cost of No Action
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Questions & Comments
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Carisa Miklusak,
CEO
www.twitter.com/carisamiklusak
www.linkedin.com/in/carisa
www.facebook.com/talktocarisa
©carisamiklusak
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