David Nour, author of Relationship Economics on Enterprise Social Market Leadership. Social Networking is about "presence;" Social Market Leadership is about "purpose."
2. Social Market Leaders…
are “catalysts” who precipitate a fundamental
change in their business and/or technology
facilitate “value” for their stakeholders who
need each other in some way but can’t capture
the value on their own
4. Transformation!
MINDSET
TOOLSET
Different State of Mind
ROADMAP On- or off-line,
building
relationships is not
a “patch” of time,
but rather the dye
of the fabric.
5. Listen Louder™…
1. Influence: The New Driver & Leading Indicator
of Market Valuation
2. Manage Influence = Market Leadership
3. Direct & Indirect Influence: one more expensive,
the other more valuable
4. Evangelize: The New Business Model
5. Reinvent Relationships – Digitally
6. Relationship-Centric Organizations
7. Rethink the Value of Information
8. Linear Mindset: Why This is Difficult to
Implement
9. A New Roadmap: The Market Leadership
Scorecard
10. Retrain The Organization - What's Next?
6. Impact of Technology Disruption
Web Social
Personal Web Applications Marketing
Computer Semantic
Client Social
eCommerce
Server Media Web
1969-1979 1979-1989 1989-1999 1999-2009 2009-2019
15 New How many
Companies 29 New 62 New 29 New companies
Entered & Companies Companies Companies with Social &
Exited the Semantic
Fortune 100 Web?
list
7. Social Market Leaders
…socially enable
Social
the customer
Market lifecycle to better
Leaders deliver a holistic
customer
Markets
experience
…provide a better
experience =
higher retention
rates, stronger
margins, brand
Products equity, and
market valuation
8.
9.
10.
11. Social Search
“Solution” versus “Pain” Driven
I know what I
am looking
for… looking Intellectual versus Emotional
for a particular
solution.
I don’t know what I am looking for…. I
start with my pain… I am looking for
people who understand and can point
me in the right direction.
17. Customer Experience
Social Customer Lifecycle
Ocean Fishing Fish Farming Fish Store Fish Tank Fish Bowl
Customer
Public Corporate Prospective Base Customer
Social Online Sales Business Experience
Networks Community Process Management
Intelligence
18. Social Enabled Customer Lifecycle
Customer Market
Evangelism Education
Customer
Community
Customer Prospect
Empowerment Engagement
Sales
Identification
20. Social Enterprise Maturity Model
Visionary
Predictive
Proactive
Risk / Reward
Opportunity Creation
Reactive
Inactive
Do Nothing Tactical Strategic
21. Social Enterprise Scorecard
Attribute Description Measurement
Reputation Market Perception Frequency and Sentiment of
Independent Mention
Influence Importance of Market Influencer Mapping
Relationships
Relationships Breadth of Market Percentage of Market Penetration
Relationships
Evangelism Contribution to Market Provide Accessibility to Market
Education
Thought Depth of Information Perceived Value of Content
Leadership
Search-ability Presence in Market Search Rankings, Social Search,
Brand Presence
Referential Customer Perception Referral Rates
Credibility Market Receptiveness to Redistribution of Messaging
Message
Responsiveness To Feedback, Issues Customer Satisfaction
Empowerment Enablement of Control Customer Retention
22. Enterprise Social Architecture
• Applications
• Data
• Members
• Process
• Collaboration
Groups • Content
Public Social
Networks • Dashboard
• Relationships
Corporate • Profile
Community • Calendar
• Messaging
Users
• Bookmarking
Enterprise Integration
Training
Business Enterprise Enterprise Business
CRM Knowledge
Intelligence Search Content Systems
Support
23. Enterprise Social Roadmap
Every Organization Evolves Differently
Social Networks Corporate Community Business Integration
• Market Leadership • Prospect Qualification • CRM
• Influencer Marketing • Sales Conversion • Business Intelligence
• Lead Generation • Partner Management • Enterprise Search
• Partner Recruitment • Thought Leadership • Content Management
• SEO • Customer Support • Process Management
• Customer Referrals
Run
Crawl Walk
24. Social Market Case Study
Office Product Wholesaler / Dealer Identification and
Support
Public-Domain Information Only
25. Office Supply Market Overview
Crowded, Fragmented Market
National, regional and local retailers, wholesalers,
manufacturers and buying groups
Stagnant economic condition trends:
Consolidation
– Staples purchased Corporate Express
– United Stationers purchased MBS Dev
Cannibalizing Competitors
– Staples suite of “Solutions” packages for “one
stop shopping”
– Larger companies now offering expanded
product lines including Break Room and Jan-
San supplies in additional to core SKUs
26. Social Frequency
Key Social Search Blog Social Media
Term Mentions Mentions
Office Supplies ~ 3 min ~ 7 min
Office Products ~ 5 min ~ 29 min
Office Cleaning ~ 1 hour ~ 2 days
Supplies
Office Cleaning ~ 47 min ~ 9 days
Products
Break Room Supplies ~ 17 hrs ~ 22 hours
Break Room Products ~ 2 days ~ 8 hours
27. Competitive Frequency
Competitor Blog Social
Mentions Media
Mentions
Office Supplies ~ 3 min ~ 7 min
Staples ~ 8 min ~ 8 min
Office Depot ~ 8 min ~ 7 min
Office Max ~ 33 min ~ 17 min
United Stationers ~ 12 hrs ~ 2 day
Shoplet.com ~ 2 day ~ 1 day
Quill.com ~ 3 days ~ NA
XYZ Company ~ 5 day ~ NA
28. Dealer Social Participation
Quality vs. Quantity
• “Megas” Mentions
– Self-generated press
releases and
advertisement
– High traffic social sites
• Independent Dealers
– Perception around Scams
– Inconsistent quality/
experience
– Can’t Be Found online
and/or no reviews
Locals against big box
can’t find independent
dealers and are forced to
go to another big box
(Target / Wal-Mart) for
office supply
29. Dealer Social Participation
• Independent Dealers (cont.)
Good News: Many have online
presence on social platforms but:
– Violating social media “spam”
rules
– Not optimized/low participation
on several networks
– Not leveraging Google search
– No thought leadership regarding
advantages to dealers vs.
Megas
30. Dealer Comparison Example
• Shoplet.com – socially enabled website
– Consumer outreach with Facebook and Twitter
– Corporate blog with thought leadership and audience
interaction
• Unique approach to LinkedIn
– Using Question/Answer section to gain consumer insights
and better understanding of their market
• Increased social mentions and better social awareness
vs. local Atlanta brick and mortar office product stores
Key Social Search Blog Social Media
Term Mentions Network
Mentions
Shoplet.com ~ 2 day ~ 1 day
Artlite Office ~4 ~ NA
Products months
Alpha Office ~2 ~ NA
Products months
Minton-Jones ~ NA ~ NA
31. How Deep Can You Go?
With Better Information, Comes Better Analysis
Public Domain Information
1
Business Intelligence
Customer Segmentation Market 2
Analysis Executional
Planning
Market Plans
Product Roadmap
Partnerships Internal 3
Employee Programs Organizational
Planning
Organization Structure
Retention Programs
33. Social Market Leadership… NEXT?
Strategic Advisory
6-8 weeks
Pilot Programs
3-6 Months
Customer Lifecycle
Social Market Integration
Research
Business Initiatives
Social Marketing
1-3 Yr
Plan
Private Community
Social Optimization
Social Marketing
Programs
34. Nour Group Strategic Advisory
1. Prioritization
2. Cultural Impact / Lasting Change Management
3. Market Value / Return on Influence™
4. Executive Sponsorship / Leadership
5. Risk Mitigation / Management
35. Thank You!
David Nour
Relationship Economics®
Atlanta, GA
888-339-1333
RelationshipEconomics.NET
@davidnour
Relationship Economics Group