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Why social media should also be a part of the CEO's responsibilities and how to implement this in enterprises
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Enterprise should know Social Media is CEO problemBhupendra Khanal, CEO Simplify360
The Social CRM System will tell you the answer.
• Social Problem : 1
I have 2 M fans on Facebook. How many of them are actually my customers or potential customers?
• Solution
Get the CRM integration. Add the Social Fields in your CRM system and start collecting the Social Profiles in the customer application forms.
System Integration and Analytics is the answer.
• Social Problem : 2What is the ROI of Social Media?
• SolutionROI comes in 3 forms – Sales Generated, Cost Saved, Buzz Created.
Use coupons, micro-sites/landing pages, FB apps etc., feed the
data to the CRM system.
Convince the CFO to release the financial data. Create the
metrics like leads generated, leads converted, revenue
earned.
Use Social CRM for Customer Service and track cost per case
solved. Use the ad cost saved for impressions or leads generated, or use cost saved to get the space in
the mainline media. ROI is just there.
Buzz generated, if it is a metric for
you (it will be if you are brand
conscious), its fairly straight
forward.
First think – What is your story?
• Social Problem : 3How do I build my Social Media Strategy? What is the ultimate strategy?
• Solution
Every company have their Marketing strategy or Finance Strategy. Best practices can only take so far. Every business success comes from the art leader shows while using the available resources.
Social Media is no different. There is no ultimate way to succeed.
Build a strategy. Defend it with proper focus and action. Build a Story!
How should an Enterprise move forward?
Social Media = Social + Media
Social
Social Media Marketing
Social Listening
Social Commerce
Community Building
Social PR
Social CRM
Social Intelligence
Online Reputation
Management
Social Audit
Social Contact Center
Corporate Strategy
Brand StoryCelebrity Innovation
Medi
aYou either SUCK. Or you ROCK!
You either capitalize and earn.
Or miss the opportunity.
You are DOOMED
You competition isn’t better too!
These are CXOs problems
Modern Companies
Finance Operations Technology MarketingHuman
Resources
The CXOs – Chief Finance Officer, Chief Operations Officer, Chief Technology Officer, Chief Marketing Officer, Chief Strategy Officer
These are the CEOs problem. The CXOs directly report to the CEO.
• Corporate Finance
• Accounting• Taxation• Inventor
Relations
• Book keeping
• Office Security
• Office Set-up and Maintenance
• Product Building
• Technical Team Management
• Corporate Communication
• Branding• Lead Gen• Business Dev• Sales
• Hiring• Employee
Management• Employer
Branding
Social Media – The Working Model
Social Intelligence
Customer Service
Social Commerce
Social Media Marketing
Brand Management
Social Media Audit
CTO, CMO, CFO
CIO, CMO
CEO, CMO and CTO
CMO
CMO, CFO
HR Head
Who pays for Social Media?
The Fund should get allocated and passed from the CEOs and CFOs Office
Chief Social Media Officer
Introducing
SolutionCEO’s Office pays for it. Social becomes a part of the company culture.
Social Intelligence
Customer Service
Social Commerce
Social Media Marketing
Brand Management
Social Media Audit
CTO, CMO, CFO
CIO, CMO
CEO, CMO and CTO
CMO
CMO, CFO
HR Head
Chief Social Media Officer
Recommended Model for Social Media
Social Enterprise Working Model 1
CEO’s Office
Social Media Team
M/AD Agency
CTO’s Office
CFO’s Office
Human Resource
s
CMO’s Office
BPO/CS
Social Enterprise Working Model 2
CEO’s Office
Social Media Team [Functional Heads]Agency/
BPO
CS
M/AD
Social Media Head CMO’s Office
CTO’s Office
CFO’s Office
Human Resource
s
CMO’s Office
World’s First 360 Social Media Marketing Suite
Most comprehensive coverage of Global Sites
Sold in over 100 countries
Powering 6 business areas Serving 11 industry verticals
28 World languages covered
Trusted by Fortune 500 companies
So why settle for less?
Boldly GoWhere No Business hasGone Before