Blue Ocean Strategy using Social Media for CEO’s
Tuesday, June 2nd, 2009How CEO’s Can Create A Blue Ocean Strategy And Save The Company Using Social Media
blue ocean strategy social media
We as CEO’s know the game is changing. It’s not doing business as usual any longer. Old styles of marketing such as direct mail, telemarketing and even email marketing are producing diminishing results. The companies that will be in business in the future MUST take advantage and diversify into an on-line marketing approach that embraces social media and social networking (especially twitter) and formulate a strategy around their products and services.
Believe it or not, the numbers are showing these on-line marketing tactics cheaper than traditional methods (Better ROI) and with shrinking budgets and a need for new ideas, what better solution than social marketing? Now this is easier said then done. I have been in IT and Business for over 10 years and for marketing, lead generation, and sales, departments MUST understand how to use these tools for those purposes. Its not what tools are out these, but how your departments are trained to use them. I conduct workshops for various corporations and have given companies the fast-track approach to social media and help structure the workshops in layman’s terms so everyone understands their role and how it fits with the company culture. Strategy is the most important, and not too many people in corporations have the business and technical sense because of the dis-connect among departments that exists.
Typically, no one in the company even understands all these various on-line mediums, which is why CEO’s will need to bring in outside help to re-shape the company culture around these new paradigms.
Here is a helpful video i put together that gives the following talking points:
1. Old Style of Marketing VS. New Style of Marketing
2. Two Buck Chuck Example (blue ocean strategy)
3. Whole Foods Example (blue Ocean Strategy- Online & Off-line)
4. How you will need outside consultants to help re-shape corporate culture
This video should really touch on some great strategies for you to implement in your organizations right away.
http://www.youtube.com/watch?v=6eJPo5hZ2MY
I would appreciate some of your thoughts / insight on this discussion post.
What challenges is your firm facing with formulating a social media strategy?
I would Appreciate your any feedback
Thanks
JustinRFrench CEO Social Networking San Diego
Email me at “snsdjf@gmail.com “> with any questions you may have and i would be happy to offer some advice
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