Ford social media strategy is integrated into the company’s overall business
strategy not just with marketing strategy. Ford had adopted the social media
strategy that included employees, dealers and customers which helped the
company to exactly understand the key drivers and critical success factors that
are driving the company success. Ford social media also provides a unique view
of the customers and other social media users’ feedback, opinions, wants, needs
and this engagement also led to generation of crucial information that help
Ford Motor Company to improve product development, advertising or product
marketing. Ford has created its Social Hub, website called Ford
Social which provides a platform for costumers and fans to consume information
interact with other users and provide feedback and suggestions to Ford. Of all
the ideas users submitted, Scott Monty, Head of Social Media, Ford Motors Co
said that 40% were either already in vehicles or were currently being worked
on. Ford spends 20-25% of their total marketing budget on the digital platforms
that roughly estimates to close to US$150 million per year which is higher than
any other player in the automobile industry globally.
Ford has integrated social media into its marketing mix through a
hub-and-spoke model, which means employees throughout the company can play a
significant role in customer engagement process by knowing the message the
company wants to give to customers and communicating with consumers in their
own voices based on their specialization. Ford Social Media Strategy can be
summed up as consistent presence in free social networking sites, paid digital
efforts and other emerging forms of public communication. Consumers can engage with
Ford in everything from Facebook pages to ads, from Twitter profiles to
promoted tweets and trends, and from banner ads to rich media. Ford has more
than 1.9 million likes on Facebook, more than 244,600 followers on Twitter, more
than 171,000 subscribers and 4.4 million views on YouTube. Ford's Yammer
enterprise social network internally for engaging employees has grown to have
about 17,000 registered users (about 10% of them active participants). Ford is
using Yammer to prove the business value of internal social networking with
employees but no long-term commitment to Yammer has been made as the technology
of choice.
According to Scott Monty, Ford has begun implementing the
“One Social vision,” which was approved by top management of the company at the
end of 2012 which is sponsored internally by the Ford’s chief marketing
officer, chief communications officer, chief information officer, and chief
technology officer. Scott Monty said, “The vision has been approved but we’re
going back to some of the executive committees to get a commitment to structure
and funding and putting a plan together.” As it stands now, he explained, there
are “four pillars” to the One Social vision: Listen and engage; measure and
monitor; learning and training; and growth and scale. “The notion is, turn Ford
into a social business,” bridging its external social networks presence and
internal social structure so that there’s a free flow of information from one
to the other. “Whatever department you’re a part of, any of these four pillars
should be relevant to you,” he said.
Thanks for sharing this!
ReplyDeleteI love studying up on actual case studies
social media marketing
Want To Increase Your ClickBank Banner Commissions And Traffic?
ReplyDeleteBannerizer makes it easy for you to promote ClickBank products using banners, simply visit Bannerizer, and grab the banner codes for your picked ClickBank products or use the Universal ClickBank Banner Rotator to promote all of the available ClickBank products.