Small Business Social Media Playbook 1 1 | Fullscreen is a leader in social-first entertainment experiences, serving talent and brands through creative, strategy, and marketing that enable growth, engagement, and About monetization of their audiences. Its unique clientele includes over 400 brands and over 2,500 creators and celebrities that Fullscreen and generate more than 7 billion monthly video views across a global network of social channels. Serving a broad range of clients from offices in Los Angeles and New York and with AT&T team members across the country, Fullscreen is a wholly- owned subsidiary of Otter Media, a WarnerMedia company. For more information, visit www.fullscreen.com and follow on social media at @fullscreen. 2 | Part One Developing Social Purpose In this first of our 5-part series, we will set you up for success by working to create the basis of your online social presence. In this section, we will guide you through your first 3 steps to a meaningful online presence: Step 1 - Identify your ideal social media audience. Step 2 - Find your competitive positioning. Step 3 - Develop your tone. 3 3 | Step Identify your ideal social media audience. 1 One Before you do anything, you want to identify your ideal social media audience. These are the people you want to see and interact with your content on social, and the people most likely to want to buy your product or service. This can be as broad as a generation or as specific as Men, 22-27, living in the Northeast, who have an interest in water sports. Determining your ideal social audience is the first step in putting a focused effort on understanding: • Their actions and behaviors • Where they spend their time • How they need you the most • Where you can best meet them online 4 | Step How To - Social Audience Identification 1 One 1. 2. 3. 4. 5. Identify who Consider if this is an Get to the bottom of Use your ideal Meet them in those currently buys your audience you want your customer’s audience’s social places with content product or service. to continue growing core needs. habits as a guide. that will resonate. or if it’s a new group How old are they? you’re hoping to Why would they turn Where do they spend Understanding your What is their life reach. to a small business their time online? ideal social media stage (Married? Kids? rather than a large What are their audience will help you Single and just out of I.e. Your customers one? This will help favorite social create social content college?)? Where do may currently be you finesse platforms? What are that will resonate on they live? What’s their Boomers, but you messaging and time their social a deeper level. household income? want to reach your posts to reach behaviors? What kind Millennials. Millennials audiences when it’s of content do they would become your most relevant. interact with (watch, primary ideal social like, or comment on)? media audience. 5 | Does your audience fit into one of these generations? Gen-Z Millennials Gen-X Boomers 12-22 years old 23-38 years old 39-54 years old 55-73 years old Generation Size Generation Size Generation Size Generation Size 81 Million 95 Million 82 Million 76 Million Events That Have Events That Have Events That Have Events That Have Shaped Them Shaped Them Shaped Them Shaped Them Smartphones, social media, Great Recession, the End of the cold war, the rise Post-WWII optimism, the never knowing a country technological explosion of of personal computing, and Cold War, hippie movement. not at war, and seeing the the internet and social feeling lost between the Spending Habits financial struggles of their media, and 9/11 two huge generations. parents (Gen X). This generational cohort Spending Habits Spending Habits still prefers to use cash, Spending Habits Millennials have less Since they are digitally especially for purchases This generation has seen business loyalty than savvy, Gen X will do some under $5. the struggle of Millennials previous generations. They research and online and has adopted a more prefer to shop product and shopping, but still prefer to fiscally conservative features first and have little do transactions in person. approach. They want to patience for inefficient or avoid debt. poor service. 6 | Step COVID-19 Considerations 1 One Right now, customers are faced with numerous changes as they abandon their day-to-day and take on a new and unfamiliar lifestyle. They’re looking for businesses to embrace three key themes. Humanity Community Comfort Be real and Understand customers’ Customers are looking acknowledge these current state and aim for reassurance that tough times. This will to use social media to everything is going to help your business be drive meaningful be OK. Leverage more human. connections through positivity when talking comments and share to your ideal audience. 7 | Once Upon a Donut Shop IDEAL AUDIENCE: MILLENNIALS Before the shutdown, Once Upon a Donut saw a lot of families and children coming in to get their Sunday morning donuts. Once Upon a Donut wants to branch out to reach a younger audience - millennials and millennial families. The owner knows that millennial families are proponents of supporting small businesses, they’re into treating themselves and they are experts at social media, particularly Instagram (a great foodie destination). 8 | Step Find your competitive positioning 2 Two Before you hone in on your digital persona, it’s important to have an understanding of what types of messaging and content are already being put out by competitors in the social landscape—so you can better stand out and be fully, uniquely you. Once you have a good understanding of the competitive landscape, it’s time to identify your competitive positioning! This will help you create content that feels true and authentic to your business, and your business alone. This positioning could even be the reason you started your business to begin with—because you saw an opportunity in an area that had yet to be explored by someone else. 9 | Step How To - Competitive Analysis 2 Two 1. 2. 3. Identify which of your competitors have Look into which social media platforms they Consider how ofen they are posting. social channels. are on and which they are prioritizing. Consider how ofen they are posting. Are they If your competitors don’t have social channels, Which platforms are they posting the most posting daily? Weekly? Bi-weekly? Is this posting you have the opportunity to lead in the space. content on? Which platforms are they getting cadence working for them from an engagement the most engagement (likes, comments, and standpoint, meaning are customers engaging shares) on? with their posts consistently? 4. 5. 6. Decipher what their social goal is. Evaluate their posts. Take notice of any taglines, catchphrases or hashtags. What messaging are they leaning heavily Do you LIKE their creative? What do you like or towards? Are their posts looking to drive sales dislike about it? Do you feel like it’s helping A lot of times, a business’ tagline is indicative of by linking to their website or using shoppable them reach their goal? how they view their competitive positioning. By posts? Are they looking to build a community? clicking on their most-used hashtags, especially if they are hashtags that business created, you can identify if and how customers are talking about the business. 10 | Step How To - Competitive Positioning 2 Two 1. 2. 3. 4. Think about what is unique How does your business Are any of your competitors How would you communicate about your business. satisfy a customer need? messaging a similar trait? that in one sentence. Is your product offering Why would customers be If so, get more specific. For Think about your answers to completely unique to the compelled to frequent example, if there are two local questions 1 and 2. How would landscape? Has your family your business? What can businesses in a city of chains, you summarize that into one been in business for a long your business provide to you could also leverage the succinct sentence or phrase? time? Are you the only local customers that others fact that you get to know That’s your competitive business in a city of chains? can’t? each customer on a personal positioning. level. 11 | Step COVID-19 Considerations 2 Two Think about how your Consider partnering with Think about if your If so, think about how you business can provide competitors if you can competitive positioning can adjust to be sensitive value on social in these accomplish greater good. is affected by COVID-19. during this time. times, especially if your In times like these, it’s For example, are you For example, if friendliness is competitors aren’t. important to think about known for your fast the backbone of your brand, Is it messaging about the greater good rather service, but now things translate that in-person opening your store an hour than the business benefit. have slowed down? Are friendliness to friendliness early for the elderly? Is it by Partnering not only has the you known for friendliness online by responding to providing easy recipes for potential to have a greater in-store, but now all your comments and posting people to cook while impact, it shows your business is online? inspirational messages to they’re home? Is it about business puts humanity help get your customers providing a fun DIY tie-dye above all else. through the day. tutorial to pass the time? 12 | Once Upon a Donut Shop COMPETITOR EVALUATION Of all of their donut competitors in their community, only two others have social handles.