Roundtable Recap: Social Networking, Jim Farley Keynote
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Posted
by Will Sayre at
10/27/2009 1:15 PM CDT
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Social Networking: Relationship Building vs. Selling Cars Moderator: Mary S. Butler, Razorfish Panelists: Christopher Barger, General Motors; Eric Miltsch, Auction Direct USA; Jared Hamilton, DrivingSales.com; Tom Chisholm, Facebook; Ralph Paglia, ADP- Consumers buy a car because they like and trust you (this concept is not new); social networking is the technology that makes it scalable.
- Be congruent with:
- who you are
- who you connect with
- how you are connecting
- Focus on Quality, then Quantity. If you reverse this the mechanism breaks down and can perhaps work against you.
- Leverage your employees, they are your community, let them be your voice in the broader community.
- Examples of success stories:
- Papa John’s Camaro
- Fiesta Movement
- Meet the Volkswagens
- Don’t populate twitter with your inventory – it’s counter productive
- Don’t have multiple people logging in under the dealer’s personal account – authenticity implodes
- The dealers that have the ability to take online relationships and convert them to offline ones will be the most successful.
It’s Personal – Closing the Automotive Perception Gap Speaker: Jim Farley, Ford Motor Company- Opportunity to connect with customers
- Democratizing technology for everyone
- Ford’s products are ahead of the brand – challenge to build the customer relationship
- Leverage strengths globally, maintain passion and emotion
- Ford is ahead of the curve on their migration to digital. Marketing spend is 50% TV and 25% digital, followed by experiential and print
- Listening to customers – bring in global products journalists and enthusiasts have been asking for
- Activate your Advocates – this strategy, though it creates vulnerability, pushes to make a connection with the consumer at large
- We expect WAY TOO MUCH from traditional media.
- Changing the paradigm
- Fiesta Movement campaign began 18 months prior to vehicle’s NA launch
- 83% of buyers make their decisions based on input from friends and families
- Low cost – 100 leases
- Sharable content such as the Mustang builder. More than 1 million are saved on Ford’s site – creating opportunities for analysis (packaging, aftermarket, etc.)
- Closed with how we (vendor)could help them (client)
- Better measurements – upper funnel metrics in particular
- Global Focus – help them leverage global efficiencies
- Efficiency
- Engagement
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