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Attensity Webinar

Is your Social Strategy Anti-Social?
With Adam Metz, Author of The Social Customer & Principal of Metz Consulting

#AttensityWebinar
Agenda


1.   Why you need a Social Customer strategy
2.   Benefits of Actually Having A Social Customer Strategy
3.   What are the key elements of a Social Customer strategy?
4.   What is the business case for it?
5.   Who should drive it?
6.   Where should we start?
Why Social Matters to Business
Benefits of Implementing a Social Customer Strategy




   a      Service/PR      Defend Your Reputation

   a      Service         Retain & Service Current Clients

   a      Service         Respond to Customer Issues

   a      Marketing/Sales Acquire New Customers

   a      Marketing       Promote the Brand

   a      Products        Conduct Real-Time Product Research
                                                               …
Social Conversations Are Happening With or Without You
       Know what customers are
        saying right now:
        About your company
        Products and services
        Your brands
       What topics are trending
       Who are the key influencers
       What are the top issues
       Sentiment




        Are You Listening??
There Is No Such Thing As a “Social Media Crisis”
Most Customer Crises Are Avoidable




                                          Source: Altimeter Group,
                                          http://www.slideshare.net/jeremiah_owyang/social-readiness-how-
                                          advanced-companies-prepare
The Upside of Social Engagement

    Brand & Reputation Management:
          Intercept complaints & issues
          Track and encourage engagement
           with key influencers                     Engaged Customers Spend 30% More
          Launch and monitor Campaigns
    Identify Product Quality Issues
    Solicit Product/Service feedback:
     Forum & Survey management, an all-in-
     one vehicle
    Increase Customer Satisfaction:
     deliver a rich ownership experience with
     transparency
    Prevent Churn:
          Identify intent to churn and engage
          SMS messages annually
    Acquire New Customers:
          Monitor competitor conversations
           for intent to churn, issues, negative   Source: Bain & Company, http://www.marketingprofs.com/charts/2011/6238/social-media-
                                                   engagement-drives-customer-loyalty-higher-spending
           sentiment, etc.
BUT, Conversations Are Stored in Different Channels and Departments

                                       Customer Service
                                       How do I respond
                                      faster to customer
                                      requests & issues?


“Don’t these
people talk to                               Marketing
                                        How do I engage
each other?”                       customers to improve
                                         product quality
                                      and brand loyalty?


                                                         IT
                                     How do I reduce the
                                   costs and improve the
                                     effectiveness of our
                                        Social initiatives?
Are You Creating Another “Social” Silo?

Is your social initiative separate from the rest of the business?
Do you have a special “social team”?
Is your social strategy tied to business goals?
Writing The Business Case: Elements




       JUSTIFICATION             WHAT’S IN IT                   FORM
  Why should we spend our   Background                   Written document or
    resources on this?      Expected business benefits   presentation, short.
    (money, people)
                            Options Considered, (with
                            reasons for rejection)
                            Gap Analysis
                            Risk Assessment




    “Our product quality has increased, reducing our service
          and recall costs by up to 35%!” —Whirlpool
Who Should Drive It?




        MARKETING                 CUSTOMER SERVICE                      CIO
   Listen to customers          Spot developing issues          A single platform for CEM
   Identify brand influencers   Identify root cause             Unify multi-channel
   Monitor sentiment            Identify at-risk customers      customer conversations
   Ensure launch success        Deliver multi-channel service   Leverage investment in
                                                                existing systems
   Improve quality              Increase agent productivity
                                                                Deep analytics technology
   Predict trends               Reduce churn




    “Our product quality has increased, reducing our service
          and recall costs by up to 35%!” —Whirlpool
Social Business Use Cases
Develop a Comprehensive Multi-Channel Strategy


   Social Media should not be
    pursued in a vacuum                               ACT      LISTEN
                                              by engaging      to your
                                           with customers      customers –
   Should be aligned with other                  through      gain customer
    customer feedback, marketing,           response, with     insight across
                                          relevant content     any and all
    and service principles and              and across any     channels
    processes                                      channel

   Encourage cross-functional
    participation
       What a customer says in social
        media might be a good subject
        for a survey
       Ensure that a customer
        contacting you via Twitter              RELATE         ANALYZE
                                                      newly    customer information
        doesn’t get a totally different           uncovered    to detect potential
        response than someone who         information with     problems, refine
                                            structured data    messaging, uncover
        contacts you via a web form or          that already   new product
        email                                   exists (ERP,   opportunities, improve
                                              CRM, BI data,    your service center
                                                 warehouse     responsiveness.
                                                       data)
Executives: Get a Real-Time Snapshot of Customer Conversations



                                                     Know right now:
                                                       What is being said?
                                                       What is the conversation
                                                        about – product, service,
                                                        brand, experience?
                                                       Is it a common sentiment?
                                                       What are the trends on this
                                                        topic?
                                                       Who said it?
                                                       What is their Value?
                                                       How engaged are they?
                                                       What is their Influence?
Competitive Analysis: How Are We Doing?


Sprint




Verizon




T-Mobile
Marketing Use Case: Learn What Customers Really Want
Customer Service Use Case: Identify Top Issues, Questions, Complaints




                  Categorization Assistant Dashboard
                        (Under Construction)




 See the actual
   comments
Engage Proactively with Solutions, Answers, Offers, etc.




                                Identify “Cries For Help” …




                                   …and Act!
Social Engagement Tips
Tips for Engagement & Best Practices
 General Guidelines

Don’t approach social media channels as “silos”
  •   Example: different divisions start/manage the company blog, FB page, LinkedIn, etc.
  •   Not working together is inefficient , creates mixed messages for consumers




Don’t be pushy or overtly salesy
  •   Don’t expect traditional marketing outcomes
  •   Overt commercial messages, especially sales solicitations are
      outright taboo in most social communities
  •   A social environment amongst “friends” and like-minded
      individuals isn’t going to accept interruptive messaging
Want A No-Cost 7-hour training course (mp3s) on
Social Customer Management? Get it at
www.adammetz.com
Schedule a Personalized
  Social Analytics Demo
 •   www.attensity.com
 •   Toll Free: (800) 721-0560
 •   Email: sales@attensity.com
 •   Follow us on Twitter: @Attensity
 •   Register and download Attensity
                                        Get Adam’s book.
                                        We’ll send you a free copy
     Webinars at:                       for attending today’s
     http://bit.ly/Attensity_Webinars   webinar. Order additional
                                        copies at:
                                        http://adammetz.com/store

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Is Your Social Strategy Anti-Social? Presented by Attensity & Adam Metz

  • 1. Attensity Webinar Is your Social Strategy Anti-Social? With Adam Metz, Author of The Social Customer & Principal of Metz Consulting #AttensityWebinar
  • 2. Agenda 1. Why you need a Social Customer strategy 2. Benefits of Actually Having A Social Customer Strategy 3. What are the key elements of a Social Customer strategy? 4. What is the business case for it? 5. Who should drive it? 6. Where should we start?
  • 3. Why Social Matters to Business
  • 4. Benefits of Implementing a Social Customer Strategy a Service/PR Defend Your Reputation a Service Retain & Service Current Clients a Service Respond to Customer Issues a Marketing/Sales Acquire New Customers a Marketing Promote the Brand a Products Conduct Real-Time Product Research …
  • 5. Social Conversations Are Happening With or Without You  Know what customers are saying right now:  About your company  Products and services  Your brands  What topics are trending  Who are the key influencers  What are the top issues  Sentiment Are You Listening??
  • 6. There Is No Such Thing As a “Social Media Crisis” Most Customer Crises Are Avoidable Source: Altimeter Group, http://www.slideshare.net/jeremiah_owyang/social-readiness-how- advanced-companies-prepare
  • 7. The Upside of Social Engagement  Brand & Reputation Management:  Intercept complaints & issues  Track and encourage engagement with key influencers Engaged Customers Spend 30% More  Launch and monitor Campaigns  Identify Product Quality Issues  Solicit Product/Service feedback: Forum & Survey management, an all-in- one vehicle  Increase Customer Satisfaction: deliver a rich ownership experience with transparency  Prevent Churn:  Identify intent to churn and engage  SMS messages annually  Acquire New Customers:  Monitor competitor conversations for intent to churn, issues, negative Source: Bain & Company, http://www.marketingprofs.com/charts/2011/6238/social-media- engagement-drives-customer-loyalty-higher-spending sentiment, etc.
  • 8. BUT, Conversations Are Stored in Different Channels and Departments Customer Service How do I respond faster to customer requests & issues? “Don’t these people talk to Marketing How do I engage each other?” customers to improve product quality and brand loyalty? IT How do I reduce the costs and improve the effectiveness of our Social initiatives?
  • 9. Are You Creating Another “Social” Silo? Is your social initiative separate from the rest of the business? Do you have a special “social team”? Is your social strategy tied to business goals?
  • 10. Writing The Business Case: Elements JUSTIFICATION WHAT’S IN IT FORM Why should we spend our Background Written document or resources on this? Expected business benefits presentation, short. (money, people) Options Considered, (with reasons for rejection) Gap Analysis Risk Assessment “Our product quality has increased, reducing our service and recall costs by up to 35%!” —Whirlpool
  • 11. Who Should Drive It? MARKETING CUSTOMER SERVICE CIO Listen to customers Spot developing issues A single platform for CEM Identify brand influencers Identify root cause Unify multi-channel Monitor sentiment Identify at-risk customers customer conversations Ensure launch success Deliver multi-channel service Leverage investment in existing systems Improve quality Increase agent productivity Deep analytics technology Predict trends Reduce churn “Our product quality has increased, reducing our service and recall costs by up to 35%!” —Whirlpool
  • 13. Develop a Comprehensive Multi-Channel Strategy  Social Media should not be pursued in a vacuum ACT LISTEN by engaging to your with customers customers –  Should be aligned with other through gain customer customer feedback, marketing, response, with insight across relevant content any and all and service principles and and across any channels processes channel  Encourage cross-functional participation  What a customer says in social media might be a good subject for a survey  Ensure that a customer contacting you via Twitter RELATE ANALYZE newly customer information doesn’t get a totally different uncovered to detect potential response than someone who information with problems, refine structured data messaging, uncover contacts you via a web form or that already new product email exists (ERP, opportunities, improve CRM, BI data, your service center warehouse responsiveness. data)
  • 14. Executives: Get a Real-Time Snapshot of Customer Conversations Know right now:  What is being said?  What is the conversation about – product, service, brand, experience?  Is it a common sentiment?  What are the trends on this topic?  Who said it?  What is their Value?  How engaged are they?  What is their Influence?
  • 15. Competitive Analysis: How Are We Doing? Sprint Verizon T-Mobile
  • 16. Marketing Use Case: Learn What Customers Really Want
  • 17. Customer Service Use Case: Identify Top Issues, Questions, Complaints Categorization Assistant Dashboard (Under Construction) See the actual comments
  • 18. Engage Proactively with Solutions, Answers, Offers, etc. Identify “Cries For Help” … …and Act!
  • 20. Tips for Engagement & Best Practices General Guidelines Don’t approach social media channels as “silos” • Example: different divisions start/manage the company blog, FB page, LinkedIn, etc. • Not working together is inefficient , creates mixed messages for consumers Don’t be pushy or overtly salesy • Don’t expect traditional marketing outcomes • Overt commercial messages, especially sales solicitations are outright taboo in most social communities • A social environment amongst “friends” and like-minded individuals isn’t going to accept interruptive messaging
  • 21. Want A No-Cost 7-hour training course (mp3s) on Social Customer Management? Get it at www.adammetz.com Schedule a Personalized Social Analytics Demo • www.attensity.com • Toll Free: (800) 721-0560 • Email: sales@attensity.com • Follow us on Twitter: @Attensity • Register and download Attensity Get Adam’s book. We’ll send you a free copy Webinars at: for attending today’s http://bit.ly/Attensity_Webinars webinar. Order additional copies at: http://adammetz.com/store