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21-Aug-12
what is social crm?


   social CRM is a philosophy, and business strategy,
    comprised of a technology platform, (business &
engagement) boundaries/ rules, (engagement) workflows
     & processes and, social characteristics (brand).

it (social CRM) engages customers, creates collaborative
  conversations, derives mutual benefit, creates value,
         drives transparency and, builds trust.
sm user community*
             avg brand on fb                           top 10%** of brands on fb
    sharer      advocate                                                   advocate
                  2%                                                         5%
     15%

                                                      sharer
                                                       34%
                                                                                                              joiner
                           joiner                                                                              61%
                            83%




joiner:                              sharer                                     advocate
   likes                               shares                                        comments
   fan base                            promotes reach                                generates content
   basis for conversion algorithm      is convertible                                influences
   passive prospect/ customer                                                         has “klout”
                                                 source: wildfire: “how superbrands breed superfans: 6 best practices for 10x greater fan growth“
                                                    ** as   defined by 12 month growth in: revenue, lead-to-sales ratios, new customer acquisitions
media types
paid
•pay-per-click
•display ads
•metric: active responses
•objectives: transactions



owned
•website
•microsite
•blog
•metric: traffic
•objective: information


earned
•social media platforms
•metrics: likes, shares, endorsements, content
•objective: loyalty
12 steps to a “flawsome” sm campaign

  market                         campaign
                   targeted
response to                      tracking &
                    offers
  launch                        management

                  (segment)      geographic
trend/ insight
                   advocate         event
 recognition
                 engagement       targeting

                                transaction/
 advocate         segment
                                 conversion
engagement        analytics
                                  tracking

                                campaign- to-
  advocate       campaign re-
                                    sales
  feedback          design
                                 correlations
the stats.
   top 10% of performing pages see
       twice as many “likes
       5 times as many comments
       twice as many posts
       double the avg number of fans
       a 5% greater increase in fan growth per month

   sales was a 1-2-1 relationship
       sales now is a 1-2-many relationship
       customers are influenced more by advocates & peers
       sales needs to, as such, influence and synergize, advocates & peers

   key considerations
       goal
       ROI
       influencers
       industry, campaign specific media (not all about fb)
       data is where we are at
       don’t forgot website (make it social)
       there are not experts/ gurus
building blocks for sm presence



                                                                                mixed campaigns




                                                seasonal & event
images, images, images
                                                   relevance




                         clear call-to-action




 multiple engagement
         apps                                                                                                        multi- platform




                                                   * source: wildfire: “how superbrands breed superfans: 6 best practices for 10x greater fan growth“
rules of social
1, respond to everything, not just complaints

5, monetization detracts from experience

7, 24-7 is the new 9-5

8, always write back

12, trial, error, re- trial is flawsome

19, optimization is the new volume

21, social is part of the campaign strategy

30, multi- engagement is multi- fan

34, boredom of social means no value creation

36, its an evolution, not a process
imperatives for social media *
1)       add value                                           5)       multi- social presence
        distinction b/w social “place-holder” & “purpose”           customer on are other platforms (so to must be you)
        new ways of showing old data                                it’s not just fb, linkedin, twitter and 4square
        opportunities for targeted trials                           integrate, integrate, integrate
        turn personal data, into personal commitment
                                                             6)       policy
2)       identify influencers                                        when, how, with whom, and why
        have the conversations you shouldn’t                        boundaries & guidelines (not command & rules)
        are who your buyers turn to                                 monetization is enemy of engagement
        do not care about your bottom line (or top)
                                                             7)       experience
3)       earn conversations                                          social is part of cX (it isn’t cX)
        what was closed is now open                                 more than your customers
        be flawsome

4)       monitor behaviour
        pre- trend to capitalize on trends



                                                                                            * source: gleanster: “7 imperatives for embracing sm in sales“
21-Aug-12

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Social CRM: Building Customer Relationships through Social Media

  • 2. what is social crm? social CRM is a philosophy, and business strategy, comprised of a technology platform, (business & engagement) boundaries/ rules, (engagement) workflows & processes and, social characteristics (brand). it (social CRM) engages customers, creates collaborative conversations, derives mutual benefit, creates value, drives transparency and, builds trust.
  • 3. sm user community* avg brand on fb top 10%** of brands on fb sharer advocate advocate 2% 5% 15% sharer 34% joiner joiner 61% 83% joiner: sharer advocate  likes  shares  comments  fan base  promotes reach  generates content  basis for conversion algorithm  is convertible  influences  passive prospect/ customer  has “klout” source: wildfire: “how superbrands breed superfans: 6 best practices for 10x greater fan growth“ ** as defined by 12 month growth in: revenue, lead-to-sales ratios, new customer acquisitions
  • 4. media types paid •pay-per-click •display ads •metric: active responses •objectives: transactions owned •website •microsite •blog •metric: traffic •objective: information earned •social media platforms •metrics: likes, shares, endorsements, content •objective: loyalty
  • 5. 12 steps to a “flawsome” sm campaign market campaign targeted response to tracking & offers launch management (segment) geographic trend/ insight advocate event recognition engagement targeting transaction/ advocate segment conversion engagement analytics tracking campaign- to- advocate campaign re- sales feedback design correlations
  • 6. the stats.  top 10% of performing pages see  twice as many “likes  5 times as many comments  twice as many posts  double the avg number of fans  a 5% greater increase in fan growth per month  sales was a 1-2-1 relationship  sales now is a 1-2-many relationship  customers are influenced more by advocates & peers  sales needs to, as such, influence and synergize, advocates & peers  key considerations  goal  ROI  influencers  industry, campaign specific media (not all about fb)  data is where we are at  don’t forgot website (make it social)  there are not experts/ gurus
  • 7. building blocks for sm presence mixed campaigns seasonal & event images, images, images relevance clear call-to-action multiple engagement apps multi- platform * source: wildfire: “how superbrands breed superfans: 6 best practices for 10x greater fan growth“
  • 8. rules of social 1, respond to everything, not just complaints 5, monetization detracts from experience 7, 24-7 is the new 9-5 8, always write back 12, trial, error, re- trial is flawsome 19, optimization is the new volume 21, social is part of the campaign strategy 30, multi- engagement is multi- fan 34, boredom of social means no value creation 36, its an evolution, not a process
  • 9. imperatives for social media * 1) add value 5) multi- social presence  distinction b/w social “place-holder” & “purpose”  customer on are other platforms (so to must be you)  new ways of showing old data  it’s not just fb, linkedin, twitter and 4square  opportunities for targeted trials  integrate, integrate, integrate  turn personal data, into personal commitment 6) policy 2) identify influencers  when, how, with whom, and why  have the conversations you shouldn’t  boundaries & guidelines (not command & rules)  are who your buyers turn to  monetization is enemy of engagement  do not care about your bottom line (or top) 7) experience 3) earn conversations  social is part of cX (it isn’t cX)  what was closed is now open  more than your customers  be flawsome 4) monitor behaviour  pre- trend to capitalize on trends * source: gleanster: “7 imperatives for embracing sm in sales“