As if creating a social media marketing plan isn’t stressful enough, you then have to take the time to convince the “C-suite” (the bosses) that the investment of a social media plan is a good idea and is beneficial for the company. There are a few tips on how to convince the big boys and girls to invest. They are as follows:
- Identify with the mindset of these executives: Present a detailed big picture to the top executives; they want results not just rankings.
- Show them the payoff: The first question that will be asked in a situation like this is what is the return on investment? A lot of the return on investment will be either strengthening brand loyalty or building customer relationships. Social media efforts take time, this is not a short time thing. It will pay off in the long run and has the potential of being big.
- Present a detailed budget: It is important to tell the top executives how the company’s money will be spent. It is crucial to be specific and honest at this stage. Money is not joking matter.
- Show them a timetable for reaching milestones: It is difficult to put a time on a marketing plan like this; however there should be milestone markers that indicate some type of progress that is worth noting. This is said alongside of key performance indicators (KPI) so it can be easily shown how much time it will take to reach a certain milestone.
5. Close the deal: This part is the most important- Touch base on all the key messages of how the plan will help the company and what results will come out of it. Be honest of the potential outcomes that could be both positive and negative. Make sure the executives understand that the company as a whole needs to be proactive instead of retroactive especially when dealing with a social media marketing plan.
If you have done all these steps, well you shouldn’t be reading this part and celebrating instead! Congratulations you have completed your first C-Suite Buy- In. That wasn’t stressful at all right? Just remember, nothing worth having comes easy.
By: Jillian Berger