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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED Sa#sfac#on & Digital Metrics Quan#fy the Online

Customer Service & Digital Metrics

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Understanding how to quantify the digital mediums

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Page 1: Customer Service & Digital Metrics

HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Sa#sfac#on  &  Digital  Metrics  Quan#fy  the  Online  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Metric  4  –  Customer  Sa1sfac1on  Customer  Sa#sfac#on  Measured  by  Asking  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

CSAT  is  not  the  same  as  awareness  and  is  more  closely  related  to  loyalty  –  loyalty  feeds  awareness  in  the  behavioral  impact  model  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Brands  have  established  customer  bases  and  these  customers  have  experiences  with  the  product/service  that  defines  their  percep#on  of  the  brand  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

For  example,  a  major  automaker  measured  CSAT  and  brand  purchase  intent  finding  a  one-­‐to-­‐one  connec#on  between  CSAT  and  repurchase  inten#on  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Customers  who  had  problems  with  a  par#cular  car  brand  were  more  sa#sfied  and  had  a  higher  repurchase  intent  than  those  who  did  not  have  any  problems  at  all.    

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Why?  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Excellent  customer  service  if  there  was  a  problem  with  the  new  car  measurably  changed  percep#on  posi#vely  toward  the  brand  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Therefore,  customer  sa#sfac#on  is  the  “golden”  marke#ng  metric  that  bridges  both  loyalty  and  brand  awareness  –  and  can  be  used  as  a  leading  indicator  of  future  sales  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

So  how  do  we  measure  it?  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

On  a  scale  of  1  to  10,  would  you  recommend  this  product/service  to  a  friend  or  colleague?  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

In  a  customer  service  environment,  only  the  people  who  answer  9  or  10  maUer,  everyone  doesn’t  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

So  here  is  my  ques#on  to  you  –      

What  product  or  service  would  you  recommend  to  a  friend?  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

“Would  you  recommend  to  a  friend?”  is  the  essen#al  ques#on  to  define  sa#sfied  customers  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

But  does  that  maUer  to  us  –  how  many  people  would  recommend  us?  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Fred  Reichheld  used  this  ques#on  to  define  another  essen#al  marke#ng  metric  known  as  –    The  Net  Promoter  Score  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

The  Net  Promoter  Score  is  a  beUer  metric  for  customer  service  because  it  is  more  accurate  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

To  get  the  Net  Promoter  Score  –  we  subtract  the  average  number  of  detractors  (score  0  –  6)  from  the  number  of  promoters  (9  –  10).  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

The  difference  is  one  word  in  the  ques#on  –  recommend  becomes  sa#sfied  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Why  is  this  a  beUer  metric?  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

For  ac#onable  metrics,  it  is  beUer  to  ask  a  few  simple  ques#ons  that  focus  the  consumer’s  aUen#on  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

The  ul#mate  for  a  marketer  is  when  your  customers  are  so  excited  about  your  products/services  that  they  recommend  to  friends  or  colleagues  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Customer  evangelists  and  fans  demonstrate  their  emo#onal  connec#on  to  your  brand,  so  they  become  the  marke#ng  department  –  everywhere!  Their  passion  adds  authen#city!  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

A  customer’s  recommenda#on  is  the  best  compliment  your  customer  can  ever  give  your  brand    

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

But  customer  sa#sfac#on  is  a  double-­‐edged  sword  –  ask  this  ques#on  instead  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

What  product/service  would  you  not  recommend  to  a  friend?  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

This  ques#on  can  elicit  a  strong  response  –  simple  maintenance  issues,  incorrect  billing,  and  terrible  customer  service  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

When  people  talk  more  about  bad  experiences  –  customer  sa#sfac#on  declines  decreasing  future  sales  and  damaging  the  brand  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

We  call  this  metric  the  golden  marke1ng  metric  because  it  links  brand  and  loyalty  in  the  behavioral  impact  model  

Page 31: Customer Service & Digital Metrics

HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Digital  Metrics  Measuring  Online  Success  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

There  seem  to  be  a  lot  of  qualita#ve  benefits  like:    Loyalty  Trust  Passion  Interac#on  Brand  Awareness  

Page 37: Customer Service & Digital Metrics

HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

But  you’ve  probably  been  told….    

“That  stuff  is  hard  to  measure”  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

It  is  easy  to  measure,  just  not  with  the  conven#onal  metrics  ….    Because  it  affects  more  of  your  organiza#ons  aUributes  than  just  boas#ng  sales  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Metric  #1  –  Strength  of  Voice  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Strength  of  Voice  (SOV)  measures  the  brand  awareness  and  reputa#on  online.  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

It  is  a  historical  analysis  of  how  many  people  have  been  talking  about  your  brand.  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Strength  of  Voice    

#  of  Conversa#ons  men#oning  your  brand  Total  #  of  Industry  Conversa#ons  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

With  the  SOV  metric,  we  are  looking  at  the  %age  posi#ve,  %age  nega#ve  and  %age  neutral  to  determine  the  sen1ment  value.    

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Strength  of  Voice  #2    

#  of  brand  men#ons  by  influencers  and  vocal  customers  Total  #  of  relevant  men#ons  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Metrics  2  –  8  –  Marke1ng  Effec1veness  Reach,  Engagement,  Lead  Genera#on  &  Cost/Benefit  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

This  equa#on  is  a  more  focused  approach  to  understanding  who  influences  your  brand  reputa#on  and  which  direc#on  the  trend  is  moving.  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

We  have  4  metrics  that  are  used  for  measuring  the  effec#veness  of  our  online  marke#ng  programs.  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Social  Reach  is  the  total  #  of  followers  across  all  social  plajorms.  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Social  reach  is  important  because  we  need  to  understand  how  many  people  to  we  touch  with  our  brand  messages  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Social  reach  is  also  used  to  calculate  the  value  of  the  each  follower  to  the  brand.  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Value  of  Fan/Follower    

Social  Reach  Total  Online  Marke#ng  Spend  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Engagement    

#  Likes  +  #  of  Shares  +  #  Retweets  +  #  Comments  #  of  published  posts  or  pieces  of  content  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Engagement  can  be  calculated:    By  Campaign  Per  Specific  Social  Plajorm  Per  Specific  Post  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Influencer  Engagement    

Total  Number  of  Influencers  Aware  of  Brand  Total  #  of  Industry  Influencers  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Cost/Benefit  Analysis    

ROI  of  Digital  Media  Campaigns  ROI  of  Tradi#onal  Marke#ng  Campaigns  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Lead  Genera1on  Effec1veness    

#  of  new  leads  from  social  channels  #  of  total  leads  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

Lead  Genera1on  Effec1veness  #2    

#  of  new  leads  generated  or  influenced  by  social  channels  

#  of  total  leads  

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HTTP://EMAGINE-GROUP.COM BRAND FOCUSED, SOCIALLY ACTIVE, DIGITALLY ENABLED

This  is  only  the  beginning  of  the  journey  when  it  comes  to  digital  metrics.  

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