Facebook Era, The: Tapping Online Social Networks to Market, Sell, and Innovate

by Clara Shih

Overview

NEW Best Practices and Techniques for Growing Your Business with Facebook, Twitter, and LinkedIn! Completely Updated!

• Five new chapters: planning/metrics, customer service, and much more
• New and revamped case studies
• New guest contributions from world-class experts, such as Charlene Li
• New, instantly actionable “To Do” lists after every chapter
• New Facebook discussion threads and much more!

Whatever your business or organizational goals, this book will help you use social networking to achieve them. Renowned social networking innovator Clara Shih brings together powerful new insights, best practices, and easy-to-use “To Do” lists packed with proven solutions from real-world case studies.

 

Writing for entrepreneurs and business professionals across marketing, sales, service, product development, and recruiting, Shih demonstrates how to move from tactical, reactive use of social networks toward strategic, proactive approaches—and how to accurately measure success.

 

This edition adds extensive new coverage, including hands-on techniques for hypertargeting, engaging customers through Twitter and LinkedIn, leveraging changing social norms, and much more. You’ll also find more than three dozen guest contributions from world-class experts such as author Don Tapscott and Harvard Business School professor Mikolaj Piskorski, as well as a brand-new chapter on customer service and support, today’s fastest-growing area of business social networking.

 

Shih has even added new chapters focused on advice for small businesses, healthcare and education organizations, nonprofits, and political campaigns—making this the one indispensable social networking guide for every organization!

Product Details

ISBN-13:	9780132542456
Publisher:	Pearson Education
Publication date:	07/21/2010
Sold by:	Barnes & Noble
Format:	eBook
Pages:	368
File size:	11 MB
Note:	This product may take a few minutes to download.
Age Range:	18 Years

About the Author

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Clara Shih is Chief Executive Officer of Hearsay Social, a rapidly growing Silicon Valley technology company whose leading social marketing platform is used by large global brands including Farmers Insurance and 24 Hour Fitness to manage their corporate and local Facebook, Twitter, LinkedIn, and Google+ Pages.

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Shih is a pioneer in the technology industry, as an engineer, celebrated author, thought leader and successful technology entrepreneur. Shih has been named one of FORTUNE's Most Powerful Women Entrepreneurs of 2011, one of Fast Company's Most Influential People in Technology, and one of Businessweek's Top Young Entrepreneurs. She brings a wealth of experience from previous technology, product, and marketing positions at Google, Microsoft, and Salesforce.com.

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In 2007, Shih developed the first business application on Facebook called Faceconnector, and subsequently authored The New York Times-featured bestseller, The Facebook Era: Tapping Social Networks to Market, Sell, and Innovate, which has been translated in nine languages and is used as a marketing textbook at Harvard Business School.

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Shih holds BS and MS degrees from Stanford University, as well as an MS from Oxford. She also serves as an advisor for Good Karma (formerly Camp Amelia), a non-profit she founded which develops and funds technology education programs, curriculum, and software for developing countries in Africa and the Middle East.

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Additionally, Clara was appointed to the Board of Directors of Starbucks Corporation (Nasdaq:SBUX) in December 2011. See here: http://news.starbucks.com/article_display.cfm?article_id=602

Table of Contents

Foreword xi

Acknowledgments xiii

About the Author xvi

Introduction 1

Part I Why Social Networking Matters for Business

1 The Fourth Revolution 11

Today’s Social Customer 14

Facebook Versus Twitter and LinkedIn 17

Why Facebook Won 20

Google Buzz 21

Private Social Networks 22

Social Network Platforms 23

A Promising New Era 29

2 The New Social Norms 31

Identity, Sharing, and Influence on the Social Web 31

The Importance of Being Customer-Centric 40

Transitive Trust 42

3 How Relationships and Social Capital Are Changing 45

What Is Social Capital? 46

New Modes of Communication on the Social Web 48

The Power of Weak Ties 50

Supplementing Offline Networking with Online Interactions 56

The Flattening Effect 58

Creating New Value from Network Effects 58

Part II Social Networking Across Your Organization

4 Sales in the Facebook Era 67

Transforming the Sales Cycle 69

Social CRM 85

5 Customer Service in the Facebook Era 91

Thinking Holistically About the Customer Experience 92

Five Steps to Successful Social Customer Service 95

Calculating Your Cost Savings 105

6 Marketing in the Facebook Era 109

The New Rules of Marketing 110

Hypertargeting 111

Social Distribution and Word-of-Mouth 118

Engagement Is King 126

Challenges and Limitations 131

7 Innovation and Collaboration in the Facebook Era 135

Concept Generation 136

Prototyping 145

Commercial Implementation 148

Continual Iteration 153

8 Recruiting in the Facebook Era 159

Which Social Network Is Best for Recruiting? 160

Sourcing and Screening Candidates 164

Candidate References 171

Employer and Recruiter Reputation 173

Keeping in Touch 174

Advice for Candidates 177

Be Aware of Employee Poaching 178

Part III Step-by-Step Guide to Social Networking for Business

9 How To: Develop Your Facebook Era Plan and Metrics 183

Listening First 183

Establishing the Business Objectives 184

Defining Your Metrics 187

Mobilizing the Team 190

Framing Your Strategy in Terms of the Customer 192

Getting Started on Facebook and Twitter 192

10 How To: Build and Manage Relationships on the Social Web 197

Personal Versus Professional Identity 197

Interacting on Facebook and Twitter 202

Networking on the Social Web 208

Connecting with New People 210

11 How To: Engage Customers with Facebook Pages and Twitter 215

Overview of Twitter and Facebook Pages 217

Setting Up Your Facebook Page 222

Getting (and Keeping) Fans 228

Advanced Best Practices 235

The Best of Twitter and Facebook Pages 244

12 How To: Advertise and Promote on the Social Web 251

Building Your LinkedIn DirectAds Campaign 252

Creating Your Facebook Ad Campaign 258

Which Attributes Should You Hypertarget On? 266

Selecting Your Ad Creative and Call to Action 267

Tying Back to Your Goals 268

Engagement Ads 270

Twitter’s Promoted Tweets 275

Part IV Social Networking Strategy

13 Advice for Small Business 279

1. Start Small 279

2. Consider Using Your Personal Profile Instead of a Facebook Page 281

3.Take Advantage of Location Targeting and Geolocation 282

4. Build Community 283

5. Build Your Sphere of Influence 284

6. Consider Ditching Your Web Site 285

7. Have a Personality 288

8. Do Some Networking 288

9. Be Smart About Your Time 289

10. Get Help 290

14 Advice for Nonprofits,Healthcare, Education, and Political Campaigns 293

Nonprofits 293

Healthcare 299

Education 302

Political Campaigns 306

15 Corporate Governance, Strategy, and Implementation 313

Social Media Culture 313

Social Media Policy and Processes 318

Social Systems and Technologies 327

16 The Future of Social Business 333

Social, Personalized, and Real Time 334

The ROI of the Social Web 335

Trends in the Social Web 335

Final Remarks 337

Index 339