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Protecting the Bottom Line Avoiding a # PRFail Presented by: Deborah Weinstein, President Peter McGregor, Social PR Manager Strategic Objectives @ DebWeinstein @ PeterfromOttawa @ SO_pr. Sell more. Build share. Get press. Change minds. Get tough. Move stuff.
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Protecting the Bottom Line • Avoiding a #PRFail • Presented by: • Deborah Weinstein, President • Peter McGregor, Social PR Manager • Strategic Objectives • @DebWeinstein • @PeterfromOttawa • @SO_pr Sell more. Build share. Get press. Change minds. Get tough. Move stuff. Show fangs. Grow brands.
The News Cycle Before Social Media Now 24 hrs 2.4 secs
The Consumer is in Charge 2006 2013
The Brand Ladder Adorer Advocate Acceptance Awareness Move your customers UP the brand ladder
PR Fail #PRFail
Those Most Offended: Women 25-35 Affluent Independent
Belvedere Target Customers: Women 25-35 Affluent Independent
Woulda, Coulda, Shoulda • Suspend Advertising • Pay attention to your social channels • 320% Growth in Carnival conversation, all negative • Build a community of brand advocates and ambassadors • Provide content and context, guide the convo
The Bottom Line Jan 27 $30.48 $CCL Jan 13 $34.28
The Bottom Line 2011 2012 Q2 Profits $206 Million $14 Million 2011 2012 Q3 Revenue $5.1 Billion $4.7 Billion
Facebook #Fail
Facebook #Fail
Facebook/Yelp #Fail
Lesson Bad #custserv+ bad #SM content = lost customers, lost revenue.
Result Café Hon dropped the Trademark Long legal battles Brand dragged through the mud via Chef Ramsey Eventually restored positive sentiment At what cost?
Lesson Great #CustServ, XP, Product, Service $ Actual Experience No #CustServ, Unprepared Staff, Negativity Actual Experience
Balance of “Brand” Definition Public Brand
Balance of “Brand” Definition Brand Public
Your Customer is On Duty, You MUST Be Too Your customer is ALWAYS on duty! Get the customers you want by being outstanding with the customers you have! Think before you tweet!
Questions? @DebWeinstein @PeterfromOttawa @SO_pr www.strategicobjectives.com