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Follow @ residerocks on Twitter. Social CRM: A New Realm of B2B Engagement. I guess .16 is a lot. Introduction. Listening Building and maintaining trust Responding with a sense of urgency Innovating and finding solutions Rockin ’!.
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Follow @residerocks on Twitter • Social CRM: A New Realm of B2B Engagement
I guess .16 is a lot. Introduction
Listening • Building and maintaining trust • Responding with a sense of urgency • Innovating and finding solutions • Rockin’! • Reside helps businesses solve sales, marketing and service problems by building and integrating cloud solutions. • Web / Cloud Services Firm • Founded in 2001 • Based in Minneapolis, MN • Salesforce.com Partner since 2004 Introducing Reside Who we are What we do What we value
Practice areas Sales Marketing Service Customers Partners Employees Taking your business model to the Web CloudServices
2009: Social Networking Surpasses Email Social Networking Users Surpass Email Users on 7/09 Global Users (MM) Social Networking Users Email Users Source: Morgan Stanley Internet Mobile Report, December 2009
Application Moving to the Cloud 1960’s Mainframe 1980’s Client/server 2000’s Cloud Computing Applications
Platforms Moving to the Cloud 1960’s Mainframe 1980’s Client/server 2000’s Cloud Computing Platforms
Search Broad Change in Internet Usage Top Internet Use Cases Share of Online Usage 6/06 9/06 12/06 3/07 6/07 9/07 12/07 3/08 6/08 9/08 12/08 3/09 6/09 9/09 Source: Morgan Stanley Internet Mobile Report, December 2009
Next Generation Devices Changing How We Access the Internet Device Shipments Smartphones Annual Unit Shipments (MM) Notebook PCs Desktop 2005 2006 2007 2008 2009E 2010E 2011E 2012E 2013E Source: Morgan Stanley Internet Mobile Report, December 2009
Ten-Year Computing Cycles10X the number of users per cycle 2000s Mobile Internet Computing 1990s Desktop Internet Computing 1980s Client/server Computing 1970s Mini Computing 1960s Mainframe Computing
“The Facebook Imperative”: The World Has Changed Amazon.com Transactional Tabs Click Desktop Fixed Location Unknown Facebook Collaborative Feeds Touch Smartphone/Tablet Mobile Location Aware 2000 2010
Yesterday’s CRM Needs to Evolve Customers are here: Companies invested here: Contact Center Community Sites
“These conversations are going to occur whether you like it or not. Do you want to be part of that or not? “My argument is you absolutely do. You can learn from them. You can improve your reaction time. And you can be a better company by listening and being involved in that conversation.” Michael Dell, BusinessWeek Customers Talk
14,000 followers 1,000,000 followers 281,000 followers 3,200 followers 28,000 followers Businesses Are Joining The Conversation
Social CRM… is Tapping into social networks to improve marketing, sales, and service processes and results. Social CRM enables companies to create a deeper and more engaging community-based relationship with their customers, in place of the traditional approaches to managing them.
Partner Portal Mission Review Online Surveys Focus Groups Promotional Websites (e.g., itsredagain.com) Passion Panel In-Store Experience Customer Voice Customer Contact Center Customer Comment Cards External Websites (e.g., StarbucksGossip.com) Survey Starbucks.com Why MSI? Current communications Customers Partners Both "Figure from Salesforce Ideas Blog", "http://blogs.salesforce.com/ideas/online_community_best_practices/", "June 2009"
Company Commitment • Community Moderators • 30-40 throughout the organization, 2 hours per week • 2-3 per department (Beverage, Card, Food, HR, etc) • Two responsibilities: • Moderate Ideas • Promote Key Ideas to Manager • Managers • 1 per department • Two responsibilities: • Support time commitment of moderators • Build business case around Key Ideas • Executives • Fully supported from highest level of company "Figure from Salesforce Ideas Blog", "http://blogs.salesforce.com/ideas/online_community_best_practices/", "June 2009"
Blog post announcing decision Idea Moderators Gather Information Presentedto Executive Team for approval Ideas are vetted Leads help build Business case Shared with Leads Ideas in Action Process • Implement a formal process to put ideas into action • Flag content that is under consideration • Share stories of how user ideas are being adopted "Figure from Salesforce Ideas Blog", "http://blogs.salesforce.com/ideas/online_community_best_practices/", "June 2009"
MSI - Ideas in Action • The single most important page on the site • Frequent “blog” posts on actions taken—and further discussion • Authors from every level and department • Besides reporting action, a place to hone discussion "Figure from Salesforce Ideas Blog", "http://blogs.salesforce.com/ideas/online_community_best_practices/", "June 2009"
www.mystarbucksidea.com • Results • 40,000 ideas submittedin the first 3 months. • 310,000 votes obtained in the first 2 months the site was live. • 94 ideas were put into action in the first year the site was launched. • Ideas implemented include: • Gluten-free options, • oatmeal, • free coffee on election day • new ideas for the Starbucks Gold Card program. “Companies with the highest levels of social media activity on average increased revenues by 18% in the last 12 months, while the least active saw sales drop 6% over that period. Among the top 100 brands reviewed, Starbucks came out on top.” ~ Online Media Daily, July 20, 2009 "Figure from Salesforce Ideas Blog", "http://blogs.salesforce.com/ideas/online_community_best_practices/", "June 2009"
Mystarbucksidea.com - Key Learnings • The conversation about your company will happen whether you like it to or not. Your only choice is whether to join it. • Great content trumps slick design: the MSI site is popular because it delivers relevant, interesting content. Still, people have a limit, especially your core. • “Internet time” is much shorter than “company time”. • Even so, people understand some things take time. In the meantime, keep engaging, the written equivalent of a “head nod” goes a long way. • Customers are willing to donate a ton of time to your company. • A few “negative” leaders can tank a good conversation. Nip them in the bud. Conversations can turn quickly. • A community site like MSI is a good place to add context—complete and accurate information—to the ongoing public discussions. • A successful community requires a significant philosophical commitment from many levels of the company: a new level of transparency, a willingness to give up control. "Figure from Salesforce Ideas Blog", "http://blogs.salesforce.com/ideas/online_community_best_practices/", "June 2009"
Attributes of Social CRM • Social Environment • Crowdsourced Results • Community Driven • Joint Accumulated Value • Scalable Relationships • Integrated Analytics
Opportunities and Challenges How do we engage in the conversation and channel this energy? How do we expose this wealth of insight back to the company? How do we take action and deliver measurable business impact?
Identify Leads Facilitate Innovation Enable Self-Service Drive Loyalty Monitor Brand Health Common Use Cases • Facilitate Innovation • Drive Loyalty • Monitor Brand-Health • Enable Self-Service • Identify Leads
Approaches • Types • Campaign (short-run) • Evergreen (long-run) • Audience • Internal • External • Access • Private • Public • Execution • Listen & Iterate
Increase Employee Pride Gain Customer Insight Generate Better Qualified Leads Drive Down Support Costs Harness Innovation Create Competitive Differentiation Results
Peer-to-Peer Community • Results • 620 users signed up for the Decision Management Community in the first month the site was launched • Second largest source for leads • Continual customer engagement from around the globe, rather than only twice a year. • The integration of the CRM tool allows FICO to capture leads and increase sales. • The Decision Management Community allows FICO to collaborate directly with its customers to identify, understand and address their biggest business challenges. • For more information on this case study visitwww.reside.biz/fic
Traffic Engagement Pipeline & Conversion Metrics
Traffic Traffic
Engagement Social Technographics
Pipeline & Conversion Omniture
Häagen-Dazs – Franchise Management HÄAGEN-DAZS FRANCHISE MANAGEMENT PORTAL CUSTOM COUPON BUILDER
Häagen-Dazs – Franchise Management • Results • 53,092 page views were generated on the extranet in the first 10 months. • 8 minutes – average site visit. • Häagen-Dazs staff are able to easily manage the content on the site. • The customized extranet increased engagement between the franchisees through this interactive space.