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Social Business Model for The Digital Age

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Page 1: Social Business Model for The Digital Age
Page 2: Social Business Model for The Digital Age

Who We Are

Social Business Transformation

Digital Brand Ecosystem Engineering

Digital Brand Ecosystem Orchestration

Next Steps in Performance Analytics

Resources & Printouts

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WHO WE ARE

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Data-Driven Digital Marketing&

Creative Technologies

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We are a company focused on helping brands to generate

innovative digital experiences and solutions. We provide

bespoke services and have proprietary products around retail

business analytics and TV-Commerce.

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FootprintsReal-time retail analytics for better customer experience

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TelekinesisThe first sofa-centric commerce platform

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Tiriac AutoBrand utility mobile application for customer-centric service

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DwomeeCommerce Platform for Pre-Owned Fashion. Social by Design Next

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Reincarci.roMobile first top ups platform using smart interface technologies

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MTVEuropean Music Awards 2014 Booking Platform

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SOCIAL BUSINESS TRANSFORMATION

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A Social Business is when you put people at the core and you

amplify the value of human connections through social

technologies.

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The Power of Social Media:

Who Cares Wins

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Water in Fiji

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Because of a landscape change due to Social Media, there is a

growing temptation for brands to push the envelope and go

outrageous to grab attention.

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It’s important to distinguish between “look at me” tactics and

“value me” strategy.

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Only 30% of global consumers think brands make a sincere

commitment towards their customers.

Edelman, Oct 2014

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Sympathetic

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Addressing an eternal consumer concern (value for money)

and linking this to a personal lifestyle experience or a

meaningful cause is a super-powerful way for brands to show

they care.

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Brands need to rethink their position towards people

(relationships, experiences, lifestyle), the silo called CSR and

have a better customer lifetime value approach.

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Business can be a source of progressive change

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A social business is a platform, not a pipeline

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A social business acts Fair Trade and sees Social ROI

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®EVOLUTION

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The Purchase Funnel is dead.

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McKinsey killed it in 2010.

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SOCIAL x DESIGN

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Social design is a product strategy that builds upon users’

trusted communities, encourages conversation between them

and ultimately creates a stronger sense of identity for

everyone.

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By putting people at the centre of the Web, more and more

experiences that naturally happen in the real world are

starting to happen online.

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As we design new products, we should take into account

existing social truths, thinking carefully about the identities and

respective communities we affect and building the best

conversation tools for them.

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We believe in

DATA – DRIVE MODELLING

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Data is the new oil

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IBM estimate 90% of the world’s data

created in the last 2 years

(*that was 3 years ago)

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Progressive Profiling

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The Ultimate Indicator

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DIGITAL ECOSYSTEM

ENGINEERING

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Types of analytics

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How to measure

IAB MEASUREMENT FRAMEWORK

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Where to find data

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DIGITAL ECOSYSTEM

ORCHESTRATION

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Your objectives in omnichannel

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Step 1

BUSINESS/OBJECTIVES

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Step 2

MARKETING/OBJECTIVES

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Step 3

COMMUNICATION/OBJECTIVES

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Types of media

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OWNED PAID

EARNED

Controlled

Borrowed

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Using unconventional tactics to get your brand message across, can be a great way to get noticed, distinguish from the

competition and earn free media.

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On a market sufocated by fake products, MyNameIsBrand - an online retailer selling brands - wanted to make people aware and distinguish between the original and the fake, reinforcing

the idea that on their website you find the original.

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DIRECT

AdWords Facebook Ads LinkedIn Ads DM Facebook LinkedIn Search Engines Renewals Referral Direct Sales Team

500€ -€ -€ -€ € - € - € - € - € - € -

Prospects 0 0 0 0 0 0 0 0 0 0

Conversion rate ↓ 3% 60%

Leads 0 0 0 0 0 0 0 0 0 0

Conversion rate ↓ 80% 80%

Sales Leads 0 0 0 0 0 0 0 0 0 0

Conversion rate ↓ 70% 80%

Opportunity0 0 0 0 0 0 0 0 0 0

Conversion rate ↓ 1% 35%

Customer 0 0 0 0 0 0 0 0 0 0

#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

-€ -€ -€ -€ -€ -€ -€ -€ -€ -€

0 0 0 0 0 0 0 0 0 0

#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!Lifetime Customer Value

EARNED/ORGANICPAID

Customer Acquisition Cost

Average Monthly Spend

Retention Rate (no. of months)

Monthly Service Costs

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DIY MEDIA

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NEXT STEPS IN PERFORMANCE

ANALYTICS

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DigiCal Analytics

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We track & analyze shoppers & their interests in order to enhance the shopping experience and improve purchase

decisions.

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REVENUES

• Increase traffic• Increase purchases• Increase recurrence of visits

COSTS

• More efficient marketing spend• Less costly customer intelligence

FLOW DESIGN

• Optimize store layout• Staff optimization

BETTER TARGETING

• Progressive profiling• Behavior based segmentation• Marketing campaigns insights

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89

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Enhance shopping experiences

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Thank you!

www.fullscreendigital.ro