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What do You , Aaron Rodgers, and Associated Bank have in common?. Social Media Rock Star Event May 22 nd , 2013. Maybe more than you think…. Are you setting goals in your life and are you making plans to achieve them?
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What do You, Aaron Rodgers, and Associated Bank have in common? Social Media Rock Star Event May 22nd, 2013
Maybe more than you think… • Are you setting goals in your life and are you making plans to achieve them? • Does it help you to have a sense of inspiration when you pursue these goals? • Do you experience struggles and obstacles along the way? • Are you looking for ways to overcome these obstacles? • Do you appreciate it when someone lends you a hand in getting there? But first, let’s take a step back…
Why are we here today? • To learn about a Social Media strategy that is a bit different – Myinspirationbank.com (featuring Aaron Rodgers) • To allow you a glance behind the curtain and understand the why, what, and how of bringing such a strategy to life • To share outcomes and lessons learned which (hopefully) apply to your efforts as well • Let’s get started…. A video is worth a 1000 words
The Idea • Associated Bank is on a journey towards becoming a bank that puts the customer and the community at the heart of its strategy • Who cares… all banks are evil • What would it take to show you? How do we not just say that, but live it? What if we had a website with tools that are just for you, not for our benefit? • Who cares… all banks are evil • What if that site had unique video content featuring Aaron Rodgers talking about what inspires him, sharing a side of him that you have never seen before? What if you could draw inspiration from him? • Hmmm, tell me more
Elements of the Social Media Project Core content • What is a universal need that we all have? • Achieving goals • What do we know about the drivers of success in achieving goals? • Inspiration, articulating a goal, setting milestones, tracking your progress, sharing with others, getting encouragement, having resources to help us get there • How can we connect Aaron with the project? • Authentic, sharing his experiences and insights • His sources of inspiration and Aaron as a source of inspiration • What else would Aaron fans like to see? • All things Aaron • Fan contest Aaron content
Elements of the Social Media Project Site development • Part of the bank’s web site vs. standalone • Truly social vs. moderated • Traditional look and feel vs. innovative/different • Time to market • Chicken and egg problem of content and community • Online advertising channels, channel mix • Social media support • Traditional media, radio, outdoor • Bank’s web site • Partner outreach Marketing approach
Results of the Project to date Defining Success • Traffic to the site • Engagement with the site • Growth of the community • Secondary: conversion to business opportunity • Driving traffic through various channels – mixed results, very hard to predict what works, short spurts for trial and error • Engagement with the site – a smaller group of highly engaged users (7 minutes on site); a large group of bouncers (75%) • Growth of the community – Consumption oriented vs. goal oriented, where and when is someone in the mindset to be inspired and take action Achieving Success
Results of the Project to date General User Experience • Site not intuitive, purpose not clear at first glance • Confusion between Aaron Rodgers focus and inspiration focus, and what does all of this have to do with a bank… • Wow effect on content, but many never make it that far • High level of excitement among people who “inspire for a living” • Teachers/Educators, Health Professionals, Coaches • Opportunity for personal achievement • Opportunity for dialogue with family, friends, children Inspiration User Experience
Lessons Learned • Be clear who your target audience is, and where/when you want to engage them (and where/when they want to engage with you) • Purity of the concept matters, don’t dilute your core with bells and whistles or “other stuff” • Navigation standards matter… a lot, creative design does not outweigh intuitive access to the content • Incubator concept: distributing responsibilities for a project among many players (who all have many other responsibilities) does not give you the focus and momentum you need • Motivation trumps money in social marketing • Forget about the stories of “viral content” – it is a steady climb (for all but very few)
Next Generation MIB • More intuitive/typical navigational feel for home page, purpose is clearer • Remove “Aaron fan zone”, showcase Aaron more purely in inspirational connection • Replace top down Marketing with grass roots outreach, remove conflict with consumption mindset • Partner strategies, dedicating a journey • Social ownership: colleague groups will own resource portals, content, and grass roots opportunities; potential to extend into MIB user base • Not yet: true social functionality