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SOCIAL MEDIA:
                    HYPE OR BUZZ?
                         THE NEW REALITIES FOR
                         ASIA-PACIFIC RETAILERS

SIMON KEMP • we   are social • RETAIL ASIA ROUNDTABLE, SINGAPORE, 13 OCTOBER 2011
SIMON KEMP
 @ESKIMON
DIA’S
SOCI AL ME AIL
          RET
 R OLE IN ACIFIC	
  
  IN ASIA-P
3 QUESTIONS:
       WHAT EXACTLY ARE ‘SOCIAL MEDIA’?
    WHY ARE SOCIAL MEDIA RELEVANT TO YOU?
HOW CAN RETAILERS IN ASIA HARNESS SOCIAL MEDIA?
3 QUESTIONS:
       WHAT EXACTLY ARE ‘SOCIAL MEDIA’?
    WHY ARE SOCIAL MEDIA RELEVANT TO YOU?
HOW CAN RETAILERS IN ASIA HARNESS SOCIAL MEDIA?
“   SOCIAL MEDIA ARE INTERNET-POWERED
      PLATFORMS THAT MAKE IT EASY FOR
    INDIVIDUALS, GROUPS OF PEOPLE, AND
      ORGANISATIONS TO CONVERSE AND
     PARTICIPATE WITH ONE ANOTHER IN A
                                           “
      WIDE VARIETY OF SOCIAL ACTIVITIES.
THE CONCEPT OF SOCIAL MEDIA HAS
EXISTED SINCE THE DAYS OF CAVE PAINTINGS
BUT THE INTERNET HAS MADE THINGS
 POSSIBLE ON A WHOLE NEW SCALE
EARLY ‘INTERNET-ENABLED’ SOCIAL MEDIA
INCLUDED BULLETIN BOARD SYSTEMS (BBS)
THE WEB’S FIRST ‘SOCIAL NETWORK’ –
SIXDEGREES.COM – LAUNCHED IN 1997
NOW IT SEEMS LIKE A NEW SOCIAL
NETWORK LAUNCHES EVERY WEEK
BUT IT’S NOT THE NUMBER OF PLATFORMS THAT
MAKE SOCIAL MEDIA SO IMPORTANT FOR RETAILERS
3 QUESTIONS:
       WHAT EXACTLY ARE ‘SOCIAL MEDIA’?
    WHY ARE SOCIAL MEDIA RELEVANT TO YOU?
HOW CAN RETAILERS IN ASIA HARNESS SOCIAL MEDIA?
WORLWIDE USERS OF SOCIAL MEDIA:

1,500,000,000+
                                   SOURCE: SITE-REPORTED FIGURES, WIKIPEDIA
PROPORTION OF THE WORLD’S
POPULATION WHO USE SOCIAL MEDIA:


        22%                        SOURCE: SITE-REPORTED FIGURES, WIKIPEDIA, UN DATA
1,338
        1,183



                  800




                           310
                                    231       193


CHINA   INDIA   FACEBOOK   USA   INDONESIA   BRAZIL
                                                      SOURCE: FACEBOOK, UN DATA
800M
                                                                                                         700M

                                                                                           600M

                                                                       500M

                                                       400M

                                       300M

                       200M

 100M


                                              …AND GROWTH SHOWS NO SIGNS OF SLOWING	
  
AUG 2008 NOV 2008 FEB 2009 MAY 2009 AUG 2009 NOV 2009 FEB 2010 MAY 2010 AUG 2010 NOV 2010 FEB 2011 MAY 2011 AUG 2011
                                                                                                                       SOURCE: FACEBOOK
NEW USERS JOINING
FACEBOOK EVERY DAY:


500,000
                      SOURCE: FACEBOOK
FACEBOOK                                  800 M


        QQ                    700 M


    TWITTER           200 M


 SINA WEIBO           200 M


HABBO HOTEL           200 M


 VKONTAKTE    135 M


   GOOGLE+    50 M

                                      SOURCE: SITE-REPORTED FIGURES, WIKIPEDIA
ASIAN SOCIAL MEDIA USERS:

800,000,000+
                             SOURCE: SITE-REPORTED FIGURES, WIKIPEDIA
18M                15M
                                     CHINA:    531M
                                     QZONE
                                                                  SOUTH KOREA:           JAPAN:
                                                                    CYWORLD               MIXI
                                              HONG KONG:
                INDIA:                         FACEBOOK
              FACEBOOK                                      4M            TAIWAN:
                                                                   9M
                                                                          WRETCH
                29M
                                                       VIETNAM:
                                                         ZING             PHILIPPINES:
                                                     15M
                         THAILAND:    11M                           25M
                                                                           FACEBOOK
                         FACEBOOK

                          MALAYSIA:     11M                                   INDONESIA:
                          FACEBOOK                                             FACEBOOK
 ASIA’S FAVOURITE                             2.5M                             39M
                               SINGAPORE:
SOCIAL NETWORKS                 FACEBOOK
      BY COUNTRY
                                                                                                  SOURCE: BURSON MARSTELLER
REACH
50%
OF FACEBOOK USERS
 SIGN IN EVERY DAY

                     SOURCE: FACEBOOK
REACH
FREQUENCY
MINUTES SPENT ON FACEBOOK EACH MONTH:

700,000,000,000
                                        SOURCE: FACEBOOK
(                                 )
      THAT EQUATES TO MORE THAN

    1 MILLION YEARS
      ON FACEBOOK EVERY MONTH
REACH
FREQUENCY
  AFFINITY
SOCIAL MEDIA ARE REAL-TIME
COMMUNICATION CHANNELS

                   OCT

                  13
EACH FACEBOOK FAN IS WORTH


US$3.60
  IN ‘EARNED MEDIA’ REACH

                             SOURCE: VITRUE.COM
REACH
FREQUENCY
  AFFINITY
EFFICIENCY
BUY NOW!
REACH
FREQUENCY
   AFFINITY
 EFFICIENCY
CONVERSION
HOW CAN YOU TURN THIS POTENTIAL
INTO REAL BUSINESS OPPORTUNITY?
3 QUESTIONS:
       WHAT EXACTLY ARE ‘SOCIAL MEDIA’?
 WHY ARE SOCIAL MEDIA RELEVANT TO MARKETING?
HOW CAN RETAILERS IN ASIA HARNESS SOCIAL MEDIA?
SOME ‘BEST PRACTICE’ SOCIAL MEDIA
CASE STUDIES FROM THE RETAIL SECTOR
IKEA’S ‘SOCIAL CATALOGUE’
OBJECTIVE:
   RAISE AWARENESS OF A NEW IKEA
STORE WITH ALMOST ZERO MEDIA BUDGET
APPROACH: UPLOAD PHOTOS OF ROOMS IN THE IKEA SHOWROOM
 TO FACEBOOK, AND LET PEOPLE ‘TAG’ THEMSELVES AGAINST AN
  ITEM OF FURNITURE FOR THE CHANCE TO WIN IT IN REAL LIFE
TAG




 WHEN SOMEONE IS TAGGED IN A PHOTO       MORE IMPORTANTLY, THE SIMPLICITY OF
ON FACEBOOK, THEIR FRIENDS RECEIVE AN     THIS COMPETITION, AND THE GENERAL
UPDATE THAT SHOWS THE PHOTO AND ITS     DESIRE FOR ‘FREE STUFF’ MEANT THAT THE
    ACCOMPANYING STATUS UPDATE           ACTIVITY RECEIVED HUGE PR COVERAGE
NOT ONLY DID THOUSANDS OF PEOPLE
 HEAR ABOUT MALMÖ’S NEW STORE,
 IT BECAME THE TALK OF THE TOWN
UNIQLO’S ‘SOCIAL LOOKBOOK’
OBJECTIVE:
  ENGAGE A FASHIONABLE, TECH-SAVVY
AUDIENCE WITH THE CHAIN’S NEW RANGE
APPROACH: REINTERPRET THE SARTORIALIST’S BLOG BY INVITING EVERYDAY PEOPLE
TO UPLOAD ‘UNIQLOOKS’ – THEIR OWN OUTFITS MADE UP OF UNIQLO ITEMS – AND
ENCOURAGE THE PUBLIC TO VOTE FOR THEIR FAVOURITES AMONGST THESE PHOTOS
THE ACTIVITY HAS PROVEN VERY POPULAR THROUGHOUT THE
 WORLD, WITH MANY ASIAN COUNTRIES PARTICIPATING TOO
BY ENCOURAGING FASHIONISTAS TO    BY THEN ENABLING OTHERS TO VOTE
CREATE THEIR OWN LOOKS AND SHARE      VIA SOCIAL MEDIA, THE BRAND
   THEM VIA SOCIAL MEDIA, UNIQLO   BROADENED ENAGEMENT TO FRIENDS
 CREATED A NETWORK OF ENDORSERS       AND THEIR SOCIAL NETWORKS
HUNDREDS OF PHOTOS UPLOADED,
 AND HUNDREDS OF THOUSANDS
 OF VOTES IN SINGAPORE ALONE
BEST BUY’S
‘TWELPFORCE’
OBJECTIVE:
  REDUCE THE COST OF CUSTOMER SERVICE
WHILE SIMULTANEOUSLY EXTENDING ITS REACH
APPROACH: HARNESS THE COLLECTIVE KNOWLEDGE AND ENTHUSIASM OF
 THE WHOLE BEST BUY TEAM TO RESPOND TO CUSTOMERS’ QUESTIONS
     AROUND THE CLOCK VIA A CONSOLIDATED TWITTER ACCOUNT
APPROACH: ANY MEMBER OF BEST BUY’S TEAM ACROSS THE U.S. THAT
   HAS REGISTERED TO BE PART OF THE TWELPFORCE CAN OFFER
 ASSISTANCE TO CUSTOMERS WHO TWEET QUESTIONS TO THE BRAND
BY TAPPING INTO THE VAST BEST BUY      BY HARNESSING THE POWER OF
 NETWORK, THE BRAND MULTIPLIED        TWITTER, BEST BUY REDUCED THE
 THE LIKELIHOOD OF BEING ABLE TO    COST OF DELIVERING ANSWERS WHILE
  DELIVER CUSTOMERS AN ANSWER          ALSO DELIVERING THEM FASTER
REDUCED CUSTOMER
COMPLAINTS BY 20%
USING SOCIAL MEDIA
DIESEL GOES SOCIAL
IN THE FITTING ROOM
APPROACH: CREATE A BOOTH IN THE FITTING ROOM THAT ALLOWS PEOPLE TO TAKE PHOTOS OF
 THEMSELVES WEARING ITEMS THEY’RE TRYING ON, AND POST THESE PICTURES INSTANTLY TO
  THEIR OWN FACEBOOK PROFILE IN ORDER TO GET FRIENDS’ OPINIONS AND SUGGESTIONS
CUSTOMERS CAN GET OPINIONS      DIESEL GAINS FREE EXPOSURE FOR
 AND OBJECTIVE ADVICE FROM     ITS RANGE THANKS TO THE PHOTOS
FRIENDS, EVEN IF THEY’RE NOT      THAT PEOPLE SHARE TO THEIR
ACTUALLY SHOPPING TOGETHER             FACEBOOK PROFILES
SUCCESSFULLY INTEGRATED THE REAL-
WORLD SOCIAL ASPECT OF SHOPPING
  INTO DIGITAL SOCIAL NETWORKS
STARBUCKS’S
‘MAYOR OFFERS’
APPROACH: OFFER DISCOUNTS TO THE
  PERSON WHO ‘CHECKS IN’ TO EACH
BRANCH MOST OFTEN ON FOURSQUARE
CUSTOMERS GET VALUE IN THE FORM     STARBUCKS GETS VALUE IN THE
OF POTENTIAL DISCOUNTS, AND THE       FORM OF WORD-OF-MOUTH
 EGO BOOST OF BECOMING ‘MAYOR’    ADVOCACY, AS WELL AS THE ABILITY
  OF THEIR FAVOURITE STARBUCKS     TO IDENTIFY ITS TOP CUSTOMERS
150,000 CHECK-INS AT US
STARBUCKS OUTLETS PER WEEK
CONVERTING SOCIAL
ACTIVITY INTO REVENUE
OBJECTIVE:
  DRIVE ACTUAL SALES AMONGST A
FASHION AND MONEY-SAVVY AUDIENCE
APPROACH: CREATE A BLOG THAT FOCUSES ON GREAT FASHION TIPS AND
ADVICE, AND BRINGS EVERYTHING BACK TO HOW EVERYDAY CUSTOMERS
  CAN AFFORD THE LOOK BY BUYING DIFFERENT ITEMS FROM TESCO
APPROACH: EXTEND CREDIBILITY AND REACH BY PARTNERING WITH
OTHER INFLUENTIAL BLOGGERS, AND CHALLENGE THEM TO CREATE NEW
  LOOKS AND WRITE ABOUT THESE ON THEIR OWN PROPERTIES TOO
APPROACH: MAKE IT STRAIGHTFORWARD FOR PEOPLE TO ENGAGE AND
 GET EXTRA INSPIRATION BY EXTENDING THE ACTIVITY INTO EVERYDAY
 ‘QUICK CONSUMPTION’ SOCIAL MEDIA LIKE FACEBOOK AND TWITTER
GENERATED MORE THAN
 £2 MILLION IN SALES
FROM SOCIAL ACTIVITIES
LOTS OF GREAT INSPIRATION
 FROM PREVIOUS ACTIVITIES
…BUT WHAT DOES
THE FUTURE HOLD?
3 TRENDS SHAPING THE FUTURE
OF SOCIAL MEDIA FOR RETAILERS
MOBILE DEVICES WILL MAKE
SOCIAL MEDIA UBIQUITOUS
MOBILE     SOCIAL      CONSTANT   DYNAMIC
SEARCH   ‘CHECK-INS’    COMMS      OFFERS
¥€$	
  

  E-COMMERCE WILL
BECOME MORE SOCIAL
‘COLLECTIVE BUYING POWER’
SOCIAL ANALYTICS WILL MAKE
 EVERYTHING ACCOUNTABLE
IDEA




SO HOW CAN RETAILERS IN ASIA
GET STARTED IN SOCIAL MEDIA?
8
STEPS TO
SUCCESS
STEP 1: DEFINE YOUR
BUSINESS OBJECTIVES
STEP 2: MONITOR AND INTERPRET
YOUR AUDIENCE’S CONVERSATIONS
STEP 3: UNDERSTAND YOUR
 AUDIENCE’S MOTIVATIONS
STEP 4: IDENTIFY HOW YOU CAN ADD
VALUE TO YOUR AUDIENCE’S WORLD
STEP 5: SELECT
YOUR PLATFORMS
♔♘♗♕♖
 STEP 6: STRATEGISE
  YOUR APPROACH
STEP 7: TEST
AND LEARN
STEP 8: RINSE
 AND REPEAT
8
    STEP 1: SET YOUR OBJECTIVES
    STEP 2: MONITOR CONVERSATIONS
    STEP 3: UNDERSTAND MOTIVATIONS
    STEP 4: IDENTIFY HOW TO ADD VALUE
    STEP 5: SELECT YOUR PLATFORMS
    STEP 6: STRATEGISE YOUR APPROACH
    STEP 7: TEST AND LEARN
    STEP 8: RINSE AND REPEAT
3 QUESTIONS:
       WHAT EXACTLY ARE ‘SOCIAL MEDIA’?
 WHY ARE SOCIAL MEDIA RELEVANT TO MARKETING?
HOW CAN RETAILERS IN ASIA HARNESS SOCIAL MEDIA?
SOCIAL MEDIA:
HYPE OR BUZZ?
WE ARE SOCIAL IS A CONVERSATION AGENCY. WE HELP BRANDS TO LISTEN
 TO, UNDERSTAND, AND ENGAGE IN CONVERSATIONS IN SOCIAL MEDIA.
    WE’RE ALREADY HELPING MANY OF THE WORLD’S TOP BRANDS,
   INCLUDING TESCO, UNILEVER, ADIDAS, COCA-COLA, AND DIAGEO.
 IF YOU’D LIKE TO CHAT ABOUT HOW WE CAN HELP YOU TOO, EMAIL US
    AT SAYHELLO@WEARESOCIAL.SG, OR CALL US ON +65 9146 5356
SIMON KEMP
MANAGING DIRECTOR, SINGAPORE
                  @ESKIMON
                      DJESKI
               +65 9146 5356
 SIMON.KEMP@WEARESOCIAL.SG
       HTTP://WEARESOCIAL.SG

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Social Media and Retail Marketing

  • 1. SOCIAL MEDIA: HYPE OR BUZZ? THE NEW REALITIES FOR ASIA-PACIFIC RETAILERS SIMON KEMP • we are social • RETAIL ASIA ROUNDTABLE, SINGAPORE, 13 OCTOBER 2011
  • 3.
  • 4. DIA’S SOCI AL ME AIL RET R OLE IN ACIFIC   IN ASIA-P
  • 5. 3 QUESTIONS: WHAT EXACTLY ARE ‘SOCIAL MEDIA’? WHY ARE SOCIAL MEDIA RELEVANT TO YOU? HOW CAN RETAILERS IN ASIA HARNESS SOCIAL MEDIA?
  • 6. 3 QUESTIONS: WHAT EXACTLY ARE ‘SOCIAL MEDIA’? WHY ARE SOCIAL MEDIA RELEVANT TO YOU? HOW CAN RETAILERS IN ASIA HARNESS SOCIAL MEDIA?
  • 7. SOCIAL MEDIA ARE INTERNET-POWERED PLATFORMS THAT MAKE IT EASY FOR INDIVIDUALS, GROUPS OF PEOPLE, AND ORGANISATIONS TO CONVERSE AND PARTICIPATE WITH ONE ANOTHER IN A “ WIDE VARIETY OF SOCIAL ACTIVITIES.
  • 8. THE CONCEPT OF SOCIAL MEDIA HAS EXISTED SINCE THE DAYS OF CAVE PAINTINGS
  • 9. BUT THE INTERNET HAS MADE THINGS POSSIBLE ON A WHOLE NEW SCALE
  • 10. EARLY ‘INTERNET-ENABLED’ SOCIAL MEDIA INCLUDED BULLETIN BOARD SYSTEMS (BBS)
  • 11. THE WEB’S FIRST ‘SOCIAL NETWORK’ – SIXDEGREES.COM – LAUNCHED IN 1997
  • 12. NOW IT SEEMS LIKE A NEW SOCIAL NETWORK LAUNCHES EVERY WEEK
  • 13. BUT IT’S NOT THE NUMBER OF PLATFORMS THAT MAKE SOCIAL MEDIA SO IMPORTANT FOR RETAILERS
  • 14. 3 QUESTIONS: WHAT EXACTLY ARE ‘SOCIAL MEDIA’? WHY ARE SOCIAL MEDIA RELEVANT TO YOU? HOW CAN RETAILERS IN ASIA HARNESS SOCIAL MEDIA?
  • 15. WORLWIDE USERS OF SOCIAL MEDIA: 1,500,000,000+ SOURCE: SITE-REPORTED FIGURES, WIKIPEDIA
  • 16. PROPORTION OF THE WORLD’S POPULATION WHO USE SOCIAL MEDIA: 22% SOURCE: SITE-REPORTED FIGURES, WIKIPEDIA, UN DATA
  • 17. 1,338 1,183 800 310 231 193 CHINA INDIA FACEBOOK USA INDONESIA BRAZIL SOURCE: FACEBOOK, UN DATA
  • 18. 800M 700M 600M 500M 400M 300M 200M 100M …AND GROWTH SHOWS NO SIGNS OF SLOWING   AUG 2008 NOV 2008 FEB 2009 MAY 2009 AUG 2009 NOV 2009 FEB 2010 MAY 2010 AUG 2010 NOV 2010 FEB 2011 MAY 2011 AUG 2011 SOURCE: FACEBOOK
  • 19. NEW USERS JOINING FACEBOOK EVERY DAY: 500,000 SOURCE: FACEBOOK
  • 20. FACEBOOK 800 M QQ 700 M TWITTER 200 M SINA WEIBO 200 M HABBO HOTEL 200 M VKONTAKTE 135 M GOOGLE+ 50 M SOURCE: SITE-REPORTED FIGURES, WIKIPEDIA
  • 21. ASIAN SOCIAL MEDIA USERS: 800,000,000+ SOURCE: SITE-REPORTED FIGURES, WIKIPEDIA
  • 22. 18M 15M CHINA: 531M QZONE SOUTH KOREA: JAPAN: CYWORLD MIXI HONG KONG: INDIA: FACEBOOK FACEBOOK 4M TAIWAN: 9M WRETCH 29M VIETNAM: ZING PHILIPPINES: 15M THAILAND: 11M 25M FACEBOOK FACEBOOK MALAYSIA: 11M INDONESIA: FACEBOOK FACEBOOK ASIA’S FAVOURITE 2.5M 39M SINGAPORE: SOCIAL NETWORKS FACEBOOK BY COUNTRY SOURCE: BURSON MARSTELLER
  • 23. REACH
  • 24. 50% OF FACEBOOK USERS SIGN IN EVERY DAY SOURCE: FACEBOOK
  • 26. MINUTES SPENT ON FACEBOOK EACH MONTH: 700,000,000,000 SOURCE: FACEBOOK
  • 27. ( ) THAT EQUATES TO MORE THAN 1 MILLION YEARS ON FACEBOOK EVERY MONTH
  • 29. SOCIAL MEDIA ARE REAL-TIME COMMUNICATION CHANNELS OCT 13
  • 30. EACH FACEBOOK FAN IS WORTH US$3.60 IN ‘EARNED MEDIA’ REACH SOURCE: VITRUE.COM
  • 33. REACH FREQUENCY AFFINITY EFFICIENCY CONVERSION
  • 34. HOW CAN YOU TURN THIS POTENTIAL INTO REAL BUSINESS OPPORTUNITY?
  • 35. 3 QUESTIONS: WHAT EXACTLY ARE ‘SOCIAL MEDIA’? WHY ARE SOCIAL MEDIA RELEVANT TO MARKETING? HOW CAN RETAILERS IN ASIA HARNESS SOCIAL MEDIA?
  • 36. SOME ‘BEST PRACTICE’ SOCIAL MEDIA CASE STUDIES FROM THE RETAIL SECTOR
  • 38. OBJECTIVE: RAISE AWARENESS OF A NEW IKEA STORE WITH ALMOST ZERO MEDIA BUDGET
  • 39. APPROACH: UPLOAD PHOTOS OF ROOMS IN THE IKEA SHOWROOM TO FACEBOOK, AND LET PEOPLE ‘TAG’ THEMSELVES AGAINST AN ITEM OF FURNITURE FOR THE CHANCE TO WIN IT IN REAL LIFE
  • 40. TAG WHEN SOMEONE IS TAGGED IN A PHOTO MORE IMPORTANTLY, THE SIMPLICITY OF ON FACEBOOK, THEIR FRIENDS RECEIVE AN THIS COMPETITION, AND THE GENERAL UPDATE THAT SHOWS THE PHOTO AND ITS DESIRE FOR ‘FREE STUFF’ MEANT THAT THE ACCOMPANYING STATUS UPDATE ACTIVITY RECEIVED HUGE PR COVERAGE
  • 41. NOT ONLY DID THOUSANDS OF PEOPLE HEAR ABOUT MALMÖ’S NEW STORE, IT BECAME THE TALK OF THE TOWN
  • 43. OBJECTIVE: ENGAGE A FASHIONABLE, TECH-SAVVY AUDIENCE WITH THE CHAIN’S NEW RANGE
  • 44. APPROACH: REINTERPRET THE SARTORIALIST’S BLOG BY INVITING EVERYDAY PEOPLE TO UPLOAD ‘UNIQLOOKS’ – THEIR OWN OUTFITS MADE UP OF UNIQLO ITEMS – AND ENCOURAGE THE PUBLIC TO VOTE FOR THEIR FAVOURITES AMONGST THESE PHOTOS
  • 45. THE ACTIVITY HAS PROVEN VERY POPULAR THROUGHOUT THE WORLD, WITH MANY ASIAN COUNTRIES PARTICIPATING TOO
  • 46.
  • 47. BY ENCOURAGING FASHIONISTAS TO BY THEN ENABLING OTHERS TO VOTE CREATE THEIR OWN LOOKS AND SHARE VIA SOCIAL MEDIA, THE BRAND THEM VIA SOCIAL MEDIA, UNIQLO BROADENED ENAGEMENT TO FRIENDS CREATED A NETWORK OF ENDORSERS AND THEIR SOCIAL NETWORKS
  • 48. HUNDREDS OF PHOTOS UPLOADED, AND HUNDREDS OF THOUSANDS OF VOTES IN SINGAPORE ALONE
  • 50. OBJECTIVE: REDUCE THE COST OF CUSTOMER SERVICE WHILE SIMULTANEOUSLY EXTENDING ITS REACH
  • 51. APPROACH: HARNESS THE COLLECTIVE KNOWLEDGE AND ENTHUSIASM OF THE WHOLE BEST BUY TEAM TO RESPOND TO CUSTOMERS’ QUESTIONS AROUND THE CLOCK VIA A CONSOLIDATED TWITTER ACCOUNT
  • 52. APPROACH: ANY MEMBER OF BEST BUY’S TEAM ACROSS THE U.S. THAT HAS REGISTERED TO BE PART OF THE TWELPFORCE CAN OFFER ASSISTANCE TO CUSTOMERS WHO TWEET QUESTIONS TO THE BRAND
  • 53. BY TAPPING INTO THE VAST BEST BUY BY HARNESSING THE POWER OF NETWORK, THE BRAND MULTIPLIED TWITTER, BEST BUY REDUCED THE THE LIKELIHOOD OF BEING ABLE TO COST OF DELIVERING ANSWERS WHILE DELIVER CUSTOMERS AN ANSWER ALSO DELIVERING THEM FASTER
  • 54. REDUCED CUSTOMER COMPLAINTS BY 20% USING SOCIAL MEDIA
  • 55. DIESEL GOES SOCIAL IN THE FITTING ROOM
  • 56. APPROACH: CREATE A BOOTH IN THE FITTING ROOM THAT ALLOWS PEOPLE TO TAKE PHOTOS OF THEMSELVES WEARING ITEMS THEY’RE TRYING ON, AND POST THESE PICTURES INSTANTLY TO THEIR OWN FACEBOOK PROFILE IN ORDER TO GET FRIENDS’ OPINIONS AND SUGGESTIONS
  • 57. CUSTOMERS CAN GET OPINIONS DIESEL GAINS FREE EXPOSURE FOR AND OBJECTIVE ADVICE FROM ITS RANGE THANKS TO THE PHOTOS FRIENDS, EVEN IF THEY’RE NOT THAT PEOPLE SHARE TO THEIR ACTUALLY SHOPPING TOGETHER FACEBOOK PROFILES
  • 58. SUCCESSFULLY INTEGRATED THE REAL- WORLD SOCIAL ASPECT OF SHOPPING INTO DIGITAL SOCIAL NETWORKS
  • 60. APPROACH: OFFER DISCOUNTS TO THE PERSON WHO ‘CHECKS IN’ TO EACH BRANCH MOST OFTEN ON FOURSQUARE
  • 61. CUSTOMERS GET VALUE IN THE FORM STARBUCKS GETS VALUE IN THE OF POTENTIAL DISCOUNTS, AND THE FORM OF WORD-OF-MOUTH EGO BOOST OF BECOMING ‘MAYOR’ ADVOCACY, AS WELL AS THE ABILITY OF THEIR FAVOURITE STARBUCKS TO IDENTIFY ITS TOP CUSTOMERS
  • 62. 150,000 CHECK-INS AT US STARBUCKS OUTLETS PER WEEK
  • 64. OBJECTIVE: DRIVE ACTUAL SALES AMONGST A FASHION AND MONEY-SAVVY AUDIENCE
  • 65. APPROACH: CREATE A BLOG THAT FOCUSES ON GREAT FASHION TIPS AND ADVICE, AND BRINGS EVERYTHING BACK TO HOW EVERYDAY CUSTOMERS CAN AFFORD THE LOOK BY BUYING DIFFERENT ITEMS FROM TESCO
  • 66. APPROACH: EXTEND CREDIBILITY AND REACH BY PARTNERING WITH OTHER INFLUENTIAL BLOGGERS, AND CHALLENGE THEM TO CREATE NEW LOOKS AND WRITE ABOUT THESE ON THEIR OWN PROPERTIES TOO
  • 67. APPROACH: MAKE IT STRAIGHTFORWARD FOR PEOPLE TO ENGAGE AND GET EXTRA INSPIRATION BY EXTENDING THE ACTIVITY INTO EVERYDAY ‘QUICK CONSUMPTION’ SOCIAL MEDIA LIKE FACEBOOK AND TWITTER
  • 68. GENERATED MORE THAN £2 MILLION IN SALES FROM SOCIAL ACTIVITIES
  • 69. LOTS OF GREAT INSPIRATION FROM PREVIOUS ACTIVITIES
  • 70. …BUT WHAT DOES THE FUTURE HOLD?
  • 71. 3 TRENDS SHAPING THE FUTURE OF SOCIAL MEDIA FOR RETAILERS
  • 72. MOBILE DEVICES WILL MAKE SOCIAL MEDIA UBIQUITOUS
  • 73. MOBILE SOCIAL CONSTANT DYNAMIC SEARCH ‘CHECK-INS’ COMMS OFFERS
  • 74. ¥€$   E-COMMERCE WILL BECOME MORE SOCIAL
  • 76. SOCIAL ANALYTICS WILL MAKE EVERYTHING ACCOUNTABLE
  • 77.
  • 78.
  • 79. IDEA SO HOW CAN RETAILERS IN ASIA GET STARTED IN SOCIAL MEDIA?
  • 81. STEP 1: DEFINE YOUR BUSINESS OBJECTIVES
  • 82. STEP 2: MONITOR AND INTERPRET YOUR AUDIENCE’S CONVERSATIONS
  • 83. STEP 3: UNDERSTAND YOUR AUDIENCE’S MOTIVATIONS
  • 84. STEP 4: IDENTIFY HOW YOU CAN ADD VALUE TO YOUR AUDIENCE’S WORLD
  • 85. STEP 5: SELECT YOUR PLATFORMS
  • 86. ♔♘♗♕♖ STEP 6: STRATEGISE YOUR APPROACH
  • 88. STEP 8: RINSE AND REPEAT
  • 89. 8 STEP 1: SET YOUR OBJECTIVES STEP 2: MONITOR CONVERSATIONS STEP 3: UNDERSTAND MOTIVATIONS STEP 4: IDENTIFY HOW TO ADD VALUE STEP 5: SELECT YOUR PLATFORMS STEP 6: STRATEGISE YOUR APPROACH STEP 7: TEST AND LEARN STEP 8: RINSE AND REPEAT
  • 90. 3 QUESTIONS: WHAT EXACTLY ARE ‘SOCIAL MEDIA’? WHY ARE SOCIAL MEDIA RELEVANT TO MARKETING? HOW CAN RETAILERS IN ASIA HARNESS SOCIAL MEDIA?
  • 92. WE ARE SOCIAL IS A CONVERSATION AGENCY. WE HELP BRANDS TO LISTEN TO, UNDERSTAND, AND ENGAGE IN CONVERSATIONS IN SOCIAL MEDIA. WE’RE ALREADY HELPING MANY OF THE WORLD’S TOP BRANDS, INCLUDING TESCO, UNILEVER, ADIDAS, COCA-COLA, AND DIAGEO. IF YOU’D LIKE TO CHAT ABOUT HOW WE CAN HELP YOU TOO, EMAIL US AT SAYHELLO@WEARESOCIAL.SG, OR CALL US ON +65 9146 5356
  • 93. SIMON KEMP MANAGING DIRECTOR, SINGAPORE @ESKIMON DJESKI +65 9146 5356 SIMON.KEMP@WEARESOCIAL.SG HTTP://WEARESOCIAL.SG