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Using Social Media as a Marketing Tool

73.1K views
•
March 23, 2010
by
Stanford Graduate School of Business
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Using Social Media as a Marketing Tool

Transcript

so thanks everyone for coming to this panel we're going to talk about uh social media marketing today and we have a pretty good group of people here to talk as well my name is Mike Arrington I'm the founder of a Blog called Tech crunch I'm Stanford law school 95 although all my friends and roommates were business students because you guys we're a l... Read More

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Summary

This is a panel discussion on social media marketing, with panelists including Mike Arrington, founder of TechCrunch, and representatives from Experience Project, Tap11, and Get Satisfaction. They discuss topics such as brand control, handling customer service through social media, dealing with trolls, and the value of transparency in social media communication.

Questions & Answers

Q: How can companies ensure brand control in the age of social media?

Brand control in social media can be a challenge, but it is also an opportunity to engage with customers in a more personal way. Companies should embrace the transparency and authenticity that social media offers and connect with customers on a human level. While there is a fear of losing control, the reality is that social media is going in the direction of giving more control to the companies, rather than the other way around. Companies can use tools to monitor conversations and respond quickly and effectively to maintain brand control.

Q: How can companies convince those who are hesitant to embrace social media marketing?

It is important for companies to recognize the value of being present on social media platforms where their customers are. Monitoring conversations and engaging with customers on social media can provide valuable insights and feedback. Companies can start by using tools to listen to what people are saying about them and their industry. This can help them understand the conversations happening and allow them to participate in a meaningful way. Showing the benefits of being on social media and how it can lead to improved customer relationships and brand engagement can help convince hesitant companies to embrace social media marketing.

Q: How can companies utilize social media for customer service and address customer concerns effectively?

Social media provides an opportunity for companies to engage with customers in real time and address their concerns directly. By responding promptly and genuinely to customer inquiries and issues, companies can show that they value their customers and are committed to resolving any problems. It is important to focus on the content of the message and address the customer's concerns rather than getting caught up in the emotional aspects of the conversation. Companies can also use tools to track and analyze customer conversations on social media and gain valuable insights to improve their products and services.

Q: How should companies handle trolls and negative comments on social media?

When it comes to trolls or individuals who deliberately try to cause trouble, it is best not to engage with them and give them more attention. However, if a customer is expressing genuine dissatisfaction or concerns, it is important to address those issues and provide assistance. Companies should focus on resolving customer issues and concerns rather than getting into heated debates or arguments with individuals who are simply trying to cause trouble. It is important to remain professional and provide support to customers while maintaining a positive image.

Q: Is it necessary for every employee to be a customer service representative on social media?

While it is not necessary for every employee to be a customer service representative on social media, companies should establish guidelines and policies for employees who choose to engage with customers on social media. Trustworthy and knowledgeable employees can be empowered to represent the company and respond to customer inquiries or issues. It is important to provide training and support to employees to ensure they have a clear understanding of the company's voice and values. Companies should also have measures in place to track and monitor employee interactions on social media platforms.

Q: What can companies do to prevent negative brand exposure through social media?

Companies should have clear social media guidelines and policies in place to ensure that employees understand how to represent the brand appropriately. Training and education should be provided to employees on how to use social media effectively and responsibly. By establishing a strong brand identity and actively engaging with customers, companies can build a positive reputation that can help prevent negative exposure. Regularly monitoring and addressing customer feedback on social media can also help identify and address potential issues before they escalate.

Q: How can companies respond to negative comments on social media without damaging their brand perception?

Companies should respond to negative comments on social media promptly and professionally. It is important to address the customer's concerns and seek a resolution to the issue. Avoid getting defensive or engaging in an argument. Instead, listen to the customer's feedback and provide a genuine response. By acknowledging the concern and offering a solution, companies can demonstrate their commitment to customer satisfaction and maintain a positive brand perception.

Q: How can companies handle public conversations around controversial topics on social media?

Public conversations around controversial topics can be challenging for companies. It is important to approach these conversations with sensitivity and understand different perspectives. Companies should aim to facilitate constructive discussions rather than getting caught up in heated debates. Providing factual information, listening to diverse opinions, and responding respectfully can help maintain a positive image and avoid polarizing the audience. Transparency and open dialogue can contribute to a company's reputation as an inclusive and responsible brand.

Q: What are the benefits of using social media for customer service rather than traditional channels?

Social media offers a more immediate and direct way of communicating with customers compared to traditional customer service channels. It allows for real-time interactions, faster response times, and the ability to address customer concerns publicly, which can lead to greater transparency and accountability. Social media also provides an opportunity to showcase excellent customer service and publicly address any issues, demonstrating a company's commitment to customer satisfaction. Moreover, social media conversations can generate useful insights and feedback that can help improve products and services.

Q: How can companies handle customer grievances effectively on social media?

When addressing customer grievances on social media, companies should show empathy and understanding towards the customer's concerns. It is essential to respond promptly, provide clear information, and offer a solution or resolution. By actively engaging with the customer in a respectful manner, companies can demonstrate their commitment to customer satisfaction and potentially turn a negative experience into a positive one. Regularly monitoring social media conversations and addressing grievances proactively can also help prevent potential issues from escalating.

Takeaways

Social media presents both opportunities and challenges for companies in terms of brand control, customer service, and reputation management. It is essential for companies to understand the power of transparency and authenticity in social media communication. By actively engaging with customers on social media platforms and addressing their concerns promptly and sincerely, companies can build stronger relationships and improve their brand perception. It is important to have clear guidelines and policies in place for employees on social media, encourage professional and responsible interactions, and monitor conversations closely for potential issues. Overall, embracing social media as a customer engagement tool can lead to valuable insights, improved customer satisfaction, and the ability to adapt to the changing dynamics of customer communication.


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