Monetizing Social Media: How to Make Your Online Communities Profitable
Day 1: How to Make Your Community Top Notch and Saleable
1. Current State of Social Media in North America and Globally
- Report findings – What’s working, what’s not, what’s new, what’s hot
- Who is monetizing? And how?
2. Taking a Broader Look at Social Media Platforms: A Case Study Approach
- Do you know where your audience is? Google does
- The popular guys: Facebook, Twitter and LinkedIn
- What happened to Google Plus?
- Hello Pinterest and Instagram!
3. Strategic Evaluation of the Online Communities of Class Members
- Temperature check into the current state of your social media communities
- Which communities are you currently on?
- Are you optimizing your current communities
- Group work examining current state, challenges and goals
- Where are the opportunities for monetizing social media
4. Measurement
- How are you currently measuring the effectiveness of your social media?
- Effective tools and practices to employ
- The advantages in being able to measure all your online efforts
- How to make use of the data you gather
Day 2: How to Monetize Your Social Media Initiatives
5. How Do I Plan for Success?
- Making monetization work for you
- Creating value-added benefits to loyal followers
- Types of offerings you can monetize:
- What you already have
- What you need to re-purpose,
- what you need to create
6. Aligning With Key Partners
- Recognizing current partners and new marketing relationships
- Where the opportunities lie for cross promotion
- ‘Sales’ package for potential new partners
7. Creating a Social ROI Program for Your Organization
- What’s trendy and ‘sharable’
- Engaging social media savvy videos
- Infographics that not only inform but entertain
- Tweets that will be re-tweeted
- Do’s and don’ts on how to engage your audience more
- How to empower your fans to create content on your behalf
8. The Future of Social Media
- What’s next?
- How do we prepare for what our fans will expect of us?
- Staying ahead of the curve
- Measuring your program results