FTSE 250 and Fortune 500 companies must embrace social media

3 key areas to their social media success: Social media listening, social media campaigns and social media customer service.

Social Media Customer Care CentreSocial Media Listening/Monitoring

First, large companies must have a robust social media listening programme, and that is not someone who knows how to use Facebook and given a monitoring software programme. No, it is a specially trained team that clearly has a good understating of analytics, trending, and how to group data according to demographics, social graphics and recognise sharp changes in consumer sentiment. This team is essential when a crisis occurs, as most companies learn of a crisis through social media before journalists or local TV news. This team will also be able to tell you what consumers think of your TV ads, new products and services. Fortunately, social media audiences are like a focus group on steroids! You must use this data to shape your business. Also we now see analysts, equity firms, and investors tweeting forecasts almost instantly after a RNS is issued prior to a quarterly earnings call. So what does this mean? In essence you can take the social chatter and prep the CFO and CEO prior to the earnings call as to what the market thinks of their results and prepare for the possible difficult questions.

Social Media Campaigns

Second, is social media campaigns. This area of social media is essential to engage certain generations, but importantly helps with overall engagement, creates brand champions and should embrace all areas of marketing, both online and offline. This team of social media marketing experts should sit within your digital marketing team. Oh yes, your social media marketing is not about likes and re-tweets or winning something, it’s about retained audiences and 2-way engagement not just a push from the business side. Just remember, have a two-way conversation, no one likes the person in the room who does all the talking.  Engage, and ask for feedback! Finally make sure your social media look and feel embraces other areas of marketing, change your social media profile headers to show consistent market messages. Follow your tone of voice guide and make sure your team is prepared with messaging in case of a crisis.

Social Media Customer Service

Thirdsocial media customer service. This with social media listening is essential for any large consumer facing brand. This is no small undertaking! The best way to describe how this is done is by using an example of a FTSE 250 company.  One large UK firm saw the opportunity to reach an untapped market. Their typical response was 2 days to a tweet or Facebook post and negative sentiment across its 28 UK brands was at 22%. Today their SLA is 15 minutes to answer and resolve all queries within 24 hours. Their negative sentiment went to an all-time low of 1-2%. At one point they had 2,500 social mentions/queries a week and today there are over 10k. So what made everything better? A simple specialist team of 5 social media experts. A first for the UK and Europe, a state-of-the-art social media customer service centre. This team of specialists also engaged in pro-active customer care.

Large businesses must take action and embrace social media using the three key points: Social media listening, social media marketing campaigns and customer service. You will find untapped markets, customer brand champions who shout about you on social media, excellent customer service, more brand engagement and importantly increased sales.

If you have any questions or want help in creating an effective social media strategy for your business, contact Social Media Brand Experts (SMBE) on query@socialmediabrandexperts.com, +44 (0) 2031 029 690 or through Twitter @SMB_Experts.

About us and this blog

We are a world leading social media consultancy, marketing and customer care agency.  This blog will keep you up to date with relevant business social media industry news and tips on how to progress your company by using social media.

Recent Tweets

More from our blog

See all posts