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1 7Summits Applied Social Media SM Creating A Socially Designed Business C ustomers C C P roduct S upport S pecialists CSRs C C C C KOL KOL Product Marketing Lead G en Public Relations Com mercial Marketing Product Marketing RelM gt BizD ev Em ployees E ngineers P roduct D evelopers Listening P latform s

Social Business through Applied Social Media

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The social context has rapidly evolved from "friending" to mainstream media. Its rapid evolution has set in motion of series of business applications that are demanding more of technology and delivering more to the bottom line.

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Page 1: Social Business through Applied Social Media

17Summits

Applied Social MediaSM

Creating ASocially Designed Business

Customers

C

C

ProductSupport

Specialists

CSRs

CC C

CKOL

KOL

ProductMarketing

Lead Gen

PublicRelations

CommercialMarketing

ProductMarketing

Rel Mgt

Biz Dev

Employees

Engineers

ProductDevelopers

Lis

ten

ing

Pla

tfo

rms

Page 2: Social Business through Applied Social Media

27Summits

Paul StillmankPresident & CEO, 7Summits

7SummitsAgency.com@7SummitsAgency

Hello

Page 3: Social Business through Applied Social Media

37Summits

Social Business is like…

…adults making money.

Page 4: Social Business through Applied Social Media

47Summits

Social Context Evolution

Extent of Applied Social MediaSM

Bus

ines

s V

alue

Page 5: Social Business through Applied Social Media

57Summits

Number of Social

Networking Users Has

Doubled Since 2007!

Social Media Has Rapidly Evolved From Friending to Preferred Media

Social Context Evolution

Page 6: Social Business through Applied Social Media

67Summits

Social Context Evolution

Extent of Applied Social MediaSM

Bus

ines

s V

alue

Rapid Evolution of Social MediaFrom Friending to Preferred Media

Page 7: Social Business through Applied Social Media

77Summits

Social network growth is strong across all segments & generations

Pro

fess

iona

l int

ent

Ability to define prospects

NINGFacebook

MySpace

LinkedIn

Source: Compete.com, August 2009

REGISTERED USERS

UNIQUE MONTHLY VISITORS

6.1 Million

23 Million

55.6 Million

185 Million122.2 Million

300 Million

13 Million23.6 Million

14.2 Million

43 Million

Social Context Evolution

Page 8: Social Business through Applied Social Media

87Summits

• Influence brand reputation• Increase brand awareness• Improve SEO• Increase Website traffic• Generate Leads• Improve internal communications• Increase online sales

Social Context Evolution

Social Media Now Dominates As Preferred Media for Consumers

Page 9: Social Business through Applied Social Media

97Summits

Social Context Evolution

Extent of Applied Social MediaSM

Bus

ines

s V

alue

Social Network Growth StrongAcross All Segments & GenerationsSocial Networks Overtake Other Media

Rapid Evolution of Social MediaFrom Friending to Preferred Media

Page 10: Social Business through Applied Social Media

107Summits

Marketing Evolves To Meet The Social Context

Social Context Evolution

Page 11: Social Business through Applied Social Media

117Summits

Affecting Advertising Campaigns Giving Way to Ongoing Brand Conversations

Social Context Evolution

Page 12: Social Business through Applied Social Media

127Summits

Social Context Evolution

Extent of Applied Social MediaSM

Bus

ines

s V

alue

Companies Pursue Consumers ViaIntegrated Social Marketing &Connected Social Campaigns

Social Network Growth StrongAcross All Segments & GenerationsSocial Networks Overtake Other Media

Rapid Evolution of Social MediaFrom Friending to Preferred Media

Page 13: Social Business through Applied Social Media

137Summits

The Social Context Will Become Mainstream

Forrester: “Social Networking will be the biggest enterprise 2.0 priority by 2013”

Social Context Evolution

Page 14: Social Business through Applied Social Media

147Summits

Mainstream Needs Drive Rapid Maturing of Social Business Software

Social Context Evolution

Page 15: Social Business through Applied Social Media

157Summits

Social Context Evolution

Extent of Applied Social MediaSM

Bus

ines

s V

alue

Companies Pursue Consumers ViaIntegrated Social Marketing &Connected Social Campaigns

Social Network Growth StrongAcross All Segments & GenerationsSocial Networks Overtake Other Media

Extensive Needs DrivesRapid Maturing of Social Business Software

Rapid Evolution of Social MediaFrom Friending to Preferred Media

Page 16: Social Business through Applied Social Media

167Summits

Other Parts of the Organization Benefit From Applied Social MediaSM As Well

Social Context Evolution

Page 17: Social Business through Applied Social Media

177Summits

Scattered Energy and Focus Applied Social Media

Customers, Partners, Employees pulling in different directions

Integrated, Focused Energy &Connected Efforts =

Force Multiplier

Companies Are Ready For The Benefits of a Socially Designed Business

Social Context Evolution

Page 18: Social Business through Applied Social Media

187Summits

Social Context Evolution

Extent of Applied Social MediaSM

Bus

ines

s V

alue

Companies Pursue Consumers ViaIntegrated Social Marketing &Connected Social Campaigns

Business Imperatives &Value Levers Driven by Social Solutions

Social Network Growth StrongAcross All Segments & GenerationsSocial Networks Overtake Other Media

Extensive Needs DrivesRapid Maturing of Social Business Software

Rapid Evolution of Social MediaFrom Friending to Preferred Media

Page 19: Social Business through Applied Social Media

197Summits

Social Context Evolution

Extent of Applied Social MediaSM

Bus

ines

s V

alue

Companies Pursue Consumers ViaIntegrated Social Marketing &Connected Social Campaigns

Business Imperatives &Value Levers Driven by Social Solutions

Social Network Growth StrongAcross All Segments & GenerationsSocial Networks Overtake Other Media

Extensive Needs DrivesRapid Maturing of Social Business Software

Rapid Evolution of Social MediaFrom Friending to Preferred Media

So What’s Next?

Page 20: Social Business through Applied Social Media

207Summits

Social Context EvolutionThe Next Step In This Evolution: A Socially Designed Business

Page 21: Social Business through Applied Social Media

217Summits

Social Context Evolution

Let’s build out this example to help understand this idea.

Page 22: Social Business through Applied Social Media

227Summits

PublicRelations

CommercialMarketing

Marketing has been the path-finder for Applied Social Media.

Marketing

Page 23: Social Business through Applied Social Media

237Summits

PublicRelations

CommercialMarketing

Lis

ten

ing

Pla

tfo

rms

Here, Marketing uses a listening platform and other techniques to better understand what is being said about their company, brands, and products / services throughout the social web.

Marketing

Page 24: Social Business through Applied Social Media

247Summits

CC C

C

CC

CC

KOL

KOL

PublicRelations

CommercialMarketing

Lis

ten

ing

Pla

tfo

rms

Key Opinion Leaders (KOLs) share insights regarding customer needs as well.

Marketing

Here, Marketing uses a listening platform and other techniques to better understand what is being said about their company, brands, and products / services throughout the social web.

Page 25: Social Business through Applied Social Media

257Summits

CC C

C

CC

CC

KOL

KOL

PublicRelations

CommercialMarketing

Lis

ten

ing

Pla

tfo

rms

Marketing shares the information in a Market Engagement Space, eliminating the need for repeated Google alerts, disparate feeds and relentless email forwarding…

Key Opinion Leaders (KOLs) share insights regarding customer needs as well.

Here, Marketing uses a listening platform and other techniques to better understand what is being said about their company, brands, and products / services throughout the social web.

Page 26: Social Business through Applied Social Media

267Summits Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

PublicRelations

CommercialMarketing

Lis

ten

ing

Pla

tfo

rms

Customer Service has been using community as well…to drive down call volumes by leveraging customers and partners to help each other.

Page 27: Social Business through Applied Social Media

277Summits Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

PublicRelations

CommercialMarketing

Lis

ten

ing

Pla

tfo

rms

Attrition goes down as customer service representatives support each other in a community: tagging and rating information they capture so that everyone can surface results more efficiently.

Page 28: Social Business through Applied Social Media

287Summits Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

PublicRelations

CommercialMarketing

Lis

ten

ing

Pla

tfo

rms

Page 29: Social Business through Applied Social Media

297Summits Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

PublicRelations

CommercialMarketing

Lis

ten

ing

Pla

tfo

rms

Feedback

Something sparks.

Community is taking off…

Page 30: Social Business through Applied Social Media

307Summits Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

PublicRelations

CommercialMarketing

ProductMarketing

Lis

ten

ing

Pla

tfo

rms

Feedback

Marketing and Customer Service share a community where product feedback and new ideas are surfaced and discussed until well understood.

Marketing polls KOLs and customers to better understand those needs…

Page 31: Social Business through Applied Social Media

317Summits Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

PublicRelations

CommercialMarketing

ProductMarketing

Lis

ten

ing

Pla

tfo

rms

Feedback

Page 32: Social Business through Applied Social Media

327Summits Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

ProductMarketing

PublicRelations

CommercialMarketing

ProductMarketing

Employees

Engineers

ProductDevelopers

Lis

ten

ing

Pla

tfo

rms

Feedback

Product Marketing along with key customer advocates work in a community with product development to more effectively derive new products…

Page 33: Social Business through Applied Social Media

337Summits Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

ProductMarketing

PublicRelations

CommercialMarketing

ProductMarketing

Employees

Engineers

ProductDevelopers

Lis

ten

ing

Pla

tfo

rms

Feedback

…a customer-submitted idea is taken to market and takes off, capturing a stronger share of the market.

Page 34: Social Business through Applied Social Media

347Summits

Sales

Enablement

Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

Lead Gen

PublicRelations

CommercialMarketing

ProductMarketing

Rel Mgt

Biz Dev

Lis

ten

ing

Pla

tfo

rms

Feedback

Customer Service and Sales learn about the new product offering and collaborate to generate leads, measure conversion behaviors and drive more business.

Page 35: Social Business through Applied Social Media

357Summits

Sales

Enablement

Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

Lead Gen

PublicRelations

CommercialMarketing

ProductMarketing

Rel Mgt

Biz Dev

Lis

ten

ing

Pla

tfo

rms

Feedback

Marketing and Sales work together to identify which sales materials and campaigns are most effective.

Page 36: Social Business through Applied Social Media

367Summits

Sales

Enablement

Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

ProductMarketing

Lead Gen

PublicRelations

CommercialMarketing

ProductMarketing

Rel Mgt

Biz Dev

Employees

Engineers

ProductDevelopers

Lis

ten

ing

Pla

tfo

rms

Feedback

Page 37: Social Business through Applied Social Media

377Summits Customers

C

C

ProductSupport

Specialists

CSRs

CC C

C

CC

CC

KOL

KOL

ProductMarketing

Sales

Enablement

Lead Gen

PublicRelations

CommercialMarketing

ProductMarketing

Rel Mgt

Biz Dev

Employees

Engineers

ProductDevelopers

Lis

ten

ing

Pla

tfo

rms

Feedback

Bringing the community together as a whole…

Page 38: Social Business through Applied Social Media

387SummitsProprietary & Confidential

…for a more socially designed business.

Social Context Evolution

This model extends to a more fully integrated community driving ongoing, positive business change. This includes remaining areas: HR . . . Operations . . . Finance . . . and more. Customer, partner, and employee integration become pervasive across the model as well.

Page 39: Social Business through Applied Social Media

397Summits

Social Context Evolution

Extent of Applied Social MediaSM

Bus

ines

s V

alue

Companies Pursue Consumers ViaIntegrated Social Marketing &Connected Social Campaigns

Business Imperatives &Value Levers Driven by Social Solutions

Socially DesignedBusinesses BeginTo Evolve

Social Network Growth StrongAcross All Segments & GenerationsSocial Networks Overtake Other Media

Extensive Needs DrivesRapid Maturing of Social Business Software

Rapid Evolution of Social MediaFrom Friending to Preferred Media

Socially Designed Business

Page 40: Social Business through Applied Social Media

407Summits

Paul StillmankPresident & CEO, 7Summits

7SummitsAgency.com@7SummitsAgency

Thank You

Page 41: Social Business through Applied Social Media

417Summits

Applied Social MediaSM

Creating ASocially Designed Business