Presentation on why social media is the perfect fit for credit unions to get their word out, for the CU Association of Colorado's Open Thinking Summit held on 10/8/09 in Golden CO.
17. Countries by Population
1. China 1,337 m
2. India 1,162 m
3. United States 306 m
4. Facebook 300 m
5. Indonesia 230 m
18. Facebook Members
100 million
100
75
52 million
50 Cover
Fast Company
High Regions
25 Schools
1 mil
Founded
0
Jan 04 July 04 Jan 05 July 05 Jan 06 July 06 Jan 07 July 07 Jan 08 Aug 08
Members
19. 56% of online American
consumers* feel a stronger
connection and that they are
better served by a company
when they can interact with
them in a social media
environment.
-Cone Business Study, Sept. 2008
*60% of Americans currently use social media.
http://www.coneinc.com/content1182
20. SOCIAL MEDIA IS NOT A MARKETING THANG
ITS EVERYONES THANG
BLOCKED? WTH?
craigslist
23. CU social media case studies
Common Wealth CU, Alberta, Young & Free
Vancity CU, Vancouver, Change Everything
Verity CU, Seattle, We are V blog
Carolina Postal CU, NC, I love my hoopty
UFirst FCU, Albany, The Boardcast
TDECU, Houston, Y&F Texas
Members CU, NC, What are you saving for?
Maine State CU, Augusta, Flickr photo contest
South Carolina FCU, Charleston, Y&F SC
Vantage CU, St. Louis, Twitter Banking
26. Results:
$179,000 in unpaid traditional media coverage
2,000,000+ impressions
2,736 new Y&F accounts
$3,982,000 deposits into Y&F accounts
27. What it is: Community blog to make
Vancouver and BC a better place to live
Results: Featured coverage in local media,
including TV and newspaper
Increased loyalty among members
Reinforces triple-bottom line of the CU
29. New members joining Verity CU cite their
blog as the reason three times
more frequently than
direct mail.
Shari Storm
VP Marketing
Verity CU
Seattle WA
38. Social Media/Networking
Morriss Partee
Chief Experience Officer
EverythingCU.com
morriss@everythingcu.com
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http://everythingcu.wordpress.com
Friend me on EverythingCU, Facebook, Twitter, LinkedIn
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