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Maersk Case Study Solution

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Maersk Line – B2B

Social Media Case Study

Rishi Jain Mohit Patil Venkat Pog aru Priyesh Sau rabh Chirag Sha h Arjun Padm anabhan

(2)

Q1

Why do you think Maersk Line was so successful in

social media? What do you think are Maersk Line’s key

(3)
(4)
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Q2

Evaluate how Maersk executed on its social media plan

and platforms

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Channel Specific Content Development

Delivering the right content to the right audience

Rank

Segment

Develop

Content

Ranking social media

channels from least to

most corporate

4 target audiences:

• Fans

• Customers

• Experts

• Employees

4 key areas of focus:

• Communications

• Internal Usage

• Customer Service

• Sales

Before Maersk engaged in Social Media marketing, it clearly identifies the different platforms that it wants to utilize and the purpose, audience, and focus for each platform. The rationale is to assist Maersk in setting achievable engagement goals and developing appropriate content based on four key areas of focus listed above.

Breaking the notion of

Maersk being a boring

and conservative

company

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Social media platforms plotted as per user preference

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How does Maersk stack up

Social Engagement Channels

1.1 million likes

1,16,000

followers

Fans including NGOs, current and potential employees, suppliers, regulatory bodies, shipping enthusiasts and fans

Create engagement through stories and visuals in a

conversational way Platform suitable for general

audience and raising brand awareness

Fans, employees, experts, trade press, shipping professionals,

customers

Share news with the industry, humanize the brand and interact

publicly with the various stakeholders

Platform suitable for quick resharing (re-tweets)

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How does Maersk stack up

Channels for corporate use

1,09,882

followers

1266 followers

Customers and shipping experts

Share business related news, to get closer to customers informing them, listening to them

and discussing with them Most corporate platform suitable

for communication with customers

Customers, shipping professionals, experts and

journalists

For business news, interacting candidly with users about innovation, leadership and business, Hangouts with press Platform used for getting quick

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How does Maersk stack up

Channels for video sharing

Focused on

functionality, not

reach(35 videos,

16 subscribers)

16337

subscriptions

Fans

Primary video channel for uploading all videos for internal

viewing(restricted) and external viewing

Proved superior to company’s own ability to broadcast videos

with relevant functionality

Fans

Supplementary video channel where all business units had

their albums

Provided consolidation and synergy across business units

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How does Maersk stack up

Dedicated channels for visuals

33734 followers

Instagram container spotters, people interested in taking photos of containers and vessels

Inspiring people around the world to take photos of Maersk

vessels and containers Maersk Line was one of the

strongest brands on the platform, gave brand recognition

and engagement, kept product and services top-of-mind

Fans and press

Used for functionality more than building a community

Used for uploading high-res photos and grouping them into

categories

Flickr

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How does Maersk stack up

Dedicated channels for visuals

1225 followers

Fans and blog readers

Pinning images on specific boards, to engage a large audience by pinning images in

blog posts by the company Not a primary focus for the

company

Employees

Sharing stories, opportunity for employees to blog, post stories or articles, which can be then

shared

It is an easy-to-use blog site with extensive social capabilities

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Q3

How do you think Jonathan Wichmann calculated the

1500 percent ROI on Facebook? Do you agree with his

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600,000 FB fans in 2012 4x engagement than average

B2B Only 22% fans were actual

customers

For every wall post made public, an impression is made on a fan. – Virtue Group

1 million fans 2 posts daily $5 per 1000 views 68% customers feel social media

efforts improved perceptions of Maersk Line. – Q4

2012 survey

“Our ROI could be zero, or it could be

5000% depending upon your assumptions.”

“The value of one interaction can be worth more than

300,000 likes.” Benchmark,

not targets

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Q4

How do you think Maersk Line’s competitors will react

to the company’s success in social media?

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Global Competitors

Maersk is a clear winner in the digital space when

compared to its competitor

1.1 Mil Fb Likes

115k Twitter Followers

11000 Fb Likes

27832 LinkedIn followers

4184 Fb Likes

1205 Twitter Followers

Non Existent

6821 Twitter Followers

68000 Fb Likes

5825 Fb Likes

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How Competitors will react?

Competitors may stick to the traditional approach

for the short run

They continue to believe that the traditional and low profile container line industry does not require social

media programs

Current Industry View

Proven

Measurabl

e Impact

Find

Impact

difficult to

measure

Industry Marketing Managers know the importance of social media but

find metrics difficult to implement Competitors are unlikely to catch up to Maersk in the short run

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How Competitors will react?

Competitors will seek to emulate Maersk’s

success

As Digital and Social fronts become increasingly important in the B2B sphere, competitors will not sit idly by and cede control of this sphere to Maersk

Build a strong foundation

• Build a social media strategy focused team • Incorporate industry conversion instead of self promotion Launch a counter attack • Concentrate on where your users are • Share relevant industry and company news • Showcase Core Competencies

Measure the impact • Come up with metrics to measure social media performance: % of positive/negative sentiments,% reduction in support costs

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Q5

What are the challenges facing Maersk Line in social

media going forward?

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Redefining real-time

marketing Visual Web

Content Marketing will continue to grow Greater Information Density

Companies

focusing on the

right time to

engage the

right clients

rather than

rapid response

Cutting through

background

noise to

capture

limited

consumer

attention will

be a challenge

for companies

Companies will

continue to

prioritise

engagement

and metrics for

social media

success

Visual

platforms like

Pinterest,

Instagram and

Tumblr will

increase in

popularity as

customer

engagement

platforms

4 key tailwinds shape the future of social media

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Maersk can ride the tailwinds of change

Redefining real-time marketing Visual Web Content Marketing will continue to grow Greater Information Density

Share relevant

content with the

right audiences

on the right

platforms

Achieve

consistent and

coherent brand

image for

sticky

impression

Integrate social

media marketing

with strategic

marketing efforts

and update

organizational

structure to

support

marketing

changes

Keeping

abreast of

changes in

social media and

implementing

technologies to

engage

consumers eg.

CRM and digital

marketing tools

Implication of trends

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Q6

What should Maersk Line do next? What areas should

the company focus on and why?

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Employee Usage

Employee Usage Customer

Service Customer Service Sales Sales Communicatio n Communicatio n

Augmenting social media marketing in overall business

Internal

External

Role

Build Employee Engagement Develop brand awareness Generation of leads Conversation with customer

Maersk

Position

Employees as content generators Wide reach across social media Content not directed towards lead generation Lack of focus on customer service

Maersk needs to develop its social media efforts to have a significant

impact on growth

Maersk needs to develop its social media efforts to have a significant

impact on growth

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Maersk publishes technical insights and information on industry best practices on LinkedIn Thought Leadership Thought Leadership Value Creation Value Creation Information source Information source

Insights and best practices sharing will foster growth

Maersk is established as the go-to-shipping provider for clients with its expertise Provide insights to potential customers and optimize shipping solutions

Encouraging sharing of best practises and customer dialogue

How Maersk Compass Works

Customers engaged with technical insights and recognize the economic value proposition of working with Maersk

Sales team works with clients to propose tailor-made solutions and optimizing their shipping processes

Compass Campaign

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References

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