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Showing posts with label YouTube. Show all posts
Showing posts with label YouTube. Show all posts

Friday, June 24, 2011

Analysis of Volkswagen India's Social Media Practice: Case Study

India is a very important market for various automobile manufacturers whether Indian or foreign. According to a study by Booz & Company, the Indian Automobile industry will overtake the European market and is slated to become the world’s fourth largest by 2015 and will be selling almost 6 million units annually by 2020. This speaks of the interest shown by International brands in the Indian market as they are struggling in mature markets to sell their automobiles. Here, i am going to take up the case of Volkswagen India regarding their social media practice, what they are doing right or wrong.

Right now, Volkswagen India mainly has a presence across four social media platforms: Facebook, Twitter, Youtube & LinkedIn. Apart from that they have dedicated sites for their 'Innovations for Everyone' and 'Think Blue campaign' campaigns. The important aspect of Volkswagen India's strategy is a long term approach to build loyal community and the use of all the marketing channels: TV, Radio, Print, Outdoor & Online to leverage their promotional campaigns. There are two other brands of Volkswagen in India: Audi & Skoda, but i'll stick to the analysis of their social media practice.

Facebook

Volkswagen has grown its facebook fan page organically to a community nearing the count of 25,000. As far as wall communication is concerned, they are engaging with their fans in a responsible manner by replying to their queries, appreciating the feedback, running the contests etc.

Surprisingly they are missing the welcome tab as in the case of Volkswagen International! They have a twitter stream as a landing tab which looks very cluttered although they may be trying to portray a human image with this to show how do they interact with their followers on twitter. But they should get a well designed welcome tab with a introductory video & some crucial information for a homely feel to a new fan.

Another weakness i found was on their feedback tab where most of the feedback by customers is negative & astonishingly there is no participation by the brand to handle this negative criticism! Also some people are spamming their feedback tab with the repetition of the same problem and there is no moderation of such feedback. Either don't keep such a tab or if you have to keep then solve the problems of your customers.




Twitter

Volkswagen's twitter presence is not that great as compared to its facebook page but still they are doing commendable job over there by being highly interactive with their followers and retweeting the positive tweets. They also try to solve the problems faced by their followers related to the vehicles owned by them, which is a good practice.

Another good practice i noticed is that they have identified the owners of Volkswagen vehicles on twitter & have added them to the respective lists of different vehicles. They use these lists to keep a track of their customers & occasionally inform them about any new initiatives or offers.

But what i found missing on their twitter profile is that they don't favorite any positive tweets. In fact they haven't favorited even a single tweet! They should immediately start doing this because it serves as a real time repository of real testimonials made by people on twitter in public. The stream of such favorited tweets can then be integrated on their site.




Youtube

As far as Youtube efforts of Volkswagen India are concerned, i would rate it 50-50 because as far as the distribution of videos among influential bloggers and other news media channels is concerned they have done it well and these videos have admirable number of views but they lack as far as leveraging their dedicated Youtube channel is concerned.

They should take a cue from Youtube channel of Volkswagen International who have total views of more than 57 million till date!. They should cross promote the videos of their dedicated channel on other online platforms and should provide some incentives for people to subscribe to their channel.

LinkedIn

I was highly impressed upon seeing the way Volkswagen India has utilised LinkedIn company page. Since company pages is a new feature from the stable of LinkedIn, very few companies have actually have taken advantage of it & Volkswagen is one of those. They have listed 7 of their vehicles on LinkedIn so far & have got staggering 2772 recommendations till the time of writing this post!

This is a powerful area where it can get a lot of benefit due to such a large number of recommendations. You never know when some executive on LinkedIn sees a recommendation by a person who happens to be his LinkedIn connection & he makes the decision to buy that car! Or there can be bulk orders too.




Special Campaigns

Volkswagen also started two campaigns at different times in India. 'Innovations for Everyone' was launched in 2010 while another campaign 'Think Blue' was launched recently in 2011. Both these campaigns were launched with much fanfare as an integrated marketing campaign across all the online & offline channels which created a lot of buzz for them.

People submit their ideas on the dedicated sites of these campaigns & they get voted for their innovation by other participants and the person with highest number of votes is declared the winner. Some of these ideas are passed on to the product team to study their feasibility of being introduced among the upcoming vehicles.

This shows the crowd-sourcing capability of Volkswagen India. I would rate these campaigns as highly successful and there is lot to learn from their success for marketers. Here's the highest viewed video on their dedicated channel so far regarding the innovation for everyone campaign.


What do you think of Volkswagen's social media practice? Share your ideas in the comment box below.

Monday, June 13, 2011

Why HDFC is No.1 Among Indian Banks for Social Media Practice

Indian banking industry is booming & is on expansion spree. Indian banks contributed 1.7 per cent to the total global brand value at US$ 14.74 billion and grew by 19 per cent in 2011 as per the annual international ranking conducted by UK-based Brand Finance Plc. According to a recent study done by Buzzom.com, Indian banks whether government or private have started using social media to stay in touch with their customers but HDFC stands out as far as leveraging social media is concerned both in terms of number of channels being used as well as engaging with their customers.




As per the graph above HDFC Bank has presence across 8 social media channels out of which the prominent presence is on Facebook, LinkedIn, Twitter, Youtube & their official blog. Important aspect is the engagement which they do on all these channels.

Facebook

HDFC's page on facebook generates admirable feedback from users which serves as a ground for them to understand their fans as well as promote their banking products. They have a money matters section where they provide interesting recent financial news of interest to their fans. Also they keep on engaging the users with interesting puzzles/jigsaws based upon financial terms.




Twitter

HDFC's twitter approach is build upon again like their facebook approach on sharing interesting & relevant information with their followers, asking them interesting puzzles, sharing new products & deals from their stable and so on. No wonder that they have a healthy follower count of 1300+ which is growing on the daily basis.




Youtube

HDFC lacks on its Youtube marketing aspect and needs to learn from other banks like ICICI which is the second most active bank on social media in India. Although HDFC has created some great commercials for their television audience which have found their way on Youtube also and these commercials have large viewership on Youtube too but they need to leverage Youtube by posting such videos regularly on their channel & promoting it further. Here is one such video with almost half a million views so far:



LinkedIn

HDFC Bank's company page on LinkedIn has more than 13,000 followers. They haven't leveraged this platform to its full potential yet like they can display their products on their page on which they can get recommendation from the users which will serve as a live testimonial but still having a presence on LinkedIn is being helpful to them as the company stats & employees list can be browsed through to get interesting information about them.

Here's a very good graph showing the comparison of different Indian banks on social media which clearly out states the leadership of HDFC bank in this domain:




What do you think of HDFC's approach on social media?