Brand Building on Social Platforms
강연자: (모두 Booth Alum)
- Sarita Singh ('07): Director of Global Business Group at Facebook
- Shobhna Upadhyaya ('11): Senior Director of Business Operations at LinkedIn
Linkedin for 5 yrs.
컨설팅에서 일함. 맥킨지. 부스. URS.
Sarita
FB Southeast Asia & emerging market
HP 에서 일함.
what happened in the past years?
- COVID, pandemic. Ensure the safety & well being in the company
- work from home.
- digital advertising industry
Impact was very deep.
insights : rapid digitalization. 5 years digitalization achieved in last 9 months
Digital marketing --> find, acquire, serve new customers
how do you plan your business?
- forecasting : historical trends, forward looking trends.
- not in line with expectation. constantly updating models was the key.
- uncertainty in the panic. plans change instantly.
regular communications. Trends & behaviors - fundamentally changing
being flexible, agile is impt
ads business
- how companies build brands?
- changes in ways companies messaging differently? leveraging differnetly of the platform?
- major change: 3 main elements
1) new ways of commerce initiative
- Asia - conversational commerce
Most growth. How do you engage in sales platform?
bring structure?
2) digital shopfronts
- don't have the website.
- digital shopfronts allow customers to visit the shops
3) measurement of analytics
- value of marketing money spent
Linkedin?
1) B2B platform.
- what the brands are communicating about
more as a 'part of community'.
impact of pandemic, unfairness, topics of discrimination and gender
workplace topics. diversity, inclusion, belonging.
employee wellbeing, mental health.
- how ?
engaging personal formats : video. user story.
live events ..
<-> text based contents : few years ago
What new social platform is coming up?
- clubhouse
...
Trends?
- depends: depending where you are-
dominated by fb blue.
Instagram : Japan,
Whattsapp: India, Indonesia
How they using it?
- connection?
- community?
- commerce?
more users come to platform + hours, types of engagement change
- hyperlocal social platform: nextdoor
Companies adopt more remote working
Online learning
Q&A
- Analyst -> marketing -> operation & strategy -> sales
- consulting -> recommendation & analysis. never got chance to see actual impact.
Mapped to align business. Ad business for more than 5 yrs.
Details and depth of business.
Learned at Booth?
- what class should we pay extra attention to?
- new venture challenge.
- immediately impactful: negotiations! (Life Skills)
- how you build your networks in organizations: where does the power exist?
understanding your target is the first step
“Are there specific industries (ie fashion) that have increased ad-spending on Facebook/LinkedIn over the past year? ”
- Linkedin: most of focus is about B2B. tech industry
- econ, cpg, retail, edutech
- fintech
tech as a disruptor to traditional industry
emerging
- related to edutech, health tech.
anything lifestyle related.
- astrava
- tech is now extending other parts of industry
- well-being, mental health.
networking changes?
- lack of in-person events
- alternate tools.
- virtual environment: introverts are more comfortable.
- it's about building authentic relationship and finding your people.
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