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Moving Beyond Social Engagement


PUT A
RING
ON IT
                     @adriandparker
In a perfect business
world all relationships
   would fit into a
         sales
       funnel
In a perfect business
    world all relationships
       would fit into a
             sales
           funnel



What if my marriage
was a sales funnel?
April 2007




Awareness
Interest
Evaluation
Commitment
Loyalty
Advocacy     @adriandparker
August 2007 – November 2008




Awareness
Interest
Evaluation
Commitment
Loyalty
Advocacy                      @adriandparker
November 2008




Awareness
Interest
Evaluation
Commitment
Loyalty
Advocacy        @adriandparker
November 2008




Awareness
Interest
Evaluation
Commitment
Loyalty
Advocacy        @adriandparker
January 2009




Awareness
Interest
Evaluation
Commitment
Loyalty
Advocacy       @adriandparker
July 2009




Awareness
Interest
Evaluation
Commitment
Loyalty
Advocacy     @adriandparker
February 2010




Awareness
Interest
Evaluation
Commitment
Loyalty
Advocacy        @adriandparker
October 2010




Awareness
Interest
Evaluation
Commitment
Loyalty
Advocacy       @adriandparker
March 2013




Awareness
Interest
Evaluation
Commitment
Loyalty
Advocacy     @adriandparker
How do you measure the ROI of each activity?
               Awareness



                 Interest


Pre-purchase
                   Evaluation
Post-purchase

                     Commitment

                       Loyalty

                            Advocacy
                                       @adriandparker
Option 1: Last Touch Attribution Model ROI %
      0% Awareness



          0% Interest


          100% Evaluation
Pre-purchase
Post-purchase
                0% Commitment

                 0% Loyalty

                   0% Advocacy
                                         @adriandparker
Option 2: First Touch Attribution Model ROI %
   100% Awareness



          0% Interest


                0% Evaluation
Pre-purchase
Post-purchase
                 0% Commitment

                   0% Loyalty

                     0% Advocacy
                                          @adriandparker
Option 3: Multi-Touch Attribution Model ROI %
   33.3% Awareness



      33.3% Interest

          33.3% Evaluation
Pre-purchase
Post-purchase
                0% Commitment

                 0% Loyalty

                   0% Advocacy
                                         @adriandparker
Social Commerce Challenge
Last Touch
              Awarene     Pre-      Post-
                ss      Purchase   Purchase



First Touch
              Awarene     Pre-      Post-
                ss      Purchase   Purchase



Multi-Touch
              Awarene     Pre-      Post-
                ss      Purchase   Purchase




Standard attribution models
discount value of social and
post-purchase interactions
                                         @adriandparker
Social Commerce Challenge




How do we translate subjective
social interactions into objective
business outcomes?
                           @adriandparker
4 Ways To Put A Ring On It
     Relationship Tools                 Business Tools
                  Memories        1     Systems
     Celebrations & Milestones    SEE   Enhanced CRM & Tracking Tools


                   Listening      2     Feedback
            Spousal Feedback      SAY   Surveys, Net Promoter


             Observations         3     Research
Peer Observation & Testimonials   DO    Marketing Mix Modeling, CBA


                        Trust     4     Recommendations
         Partner Collaboration BELIEVE Ratings, Reviews & Referrals

    “Care and Converse”                 “Care and Convert”
                                                          @adriandparker
THANKS
 Will you marry me?




                      @adriandparker

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Put A Ring On It: Moving Beyond Social Engagement

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