Leverage Social Media for Customer Interaction SB (1)

Embed Size (px)

Citation preview

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    1/66

    Practical IT Research that Drives Measurable Results

    Leverage Social Media for Customer Interaction

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    2/66

    Consumers are rapidly adopting social media, yet adoption of social media by organizations is lagging.

    Most organizations are struggling to define a business strategy for social media and are unprepared tolink it to their CRM strategy.

    IT is unsure of their role and where they can bring value to the table.

    Lack of coordination results in more manual, resource intensive processes that are difficult to measure.

    Organizational use of social media can bring benefits to marketing, sales and service whenimplemented properly.

    Social MediaSocial Media

    channels

    AssessOpportunities &

    Strategize

    Plan theImplementation

    This document will help you understand:

    Introduction

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    3/66

    Executive Summary Social media customer interaction opportunities exist for marketing, sales, and service gains.

    Social media provides another channel for organizations to interact with their customers and

    customers with each other. Consider social media as part of the current customer interaction strategy as customers will

    continue to communicate via social media with or without you.

    Link social media to existing customer relationship management solutions.

    Integration can improve information accuracy, reduce manual effort and provide more in-depthcustomer insights.

    IT has an important role to play in managing social media infrastructure and security.

    Defining the goals and posting actual content lies with the business side.

    Evaluate vendors in three distinct categories to make sound technology decisions.

    Consider what goals you want to achieve prior to selecting social media services.

    Determine if CRM vendors have begun to offer social media integration.

    Alternatively, pure-play vendors provide social channel aggregators and managers.

    Assess which social media opportunities exist for your organization, build your plan, test your theories,

    and grow your interaction level based on your results. Secure privacy and integrity by managing organizational use of social media with a policy.

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    4/66

    Road Map

    Strategize Opportunity Assessment Business Plan

    UnderstandingSocial Media

    Market Overview Value Proposition Role of I.T

    Social MediaChannels

    Facebook Twitter Linked-in YouTube Blog

    Implement Project Planning Securing Privacy & Integrity

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    5/66

    Social media services facilitate thefoundation and propagation of user-

    generated content. Social media services have experienced

    explosive growth during the past fiveyears; consumers are flocking to outletssuch as Facebook, Twitter, LinkedIn andYouTube.

    Social media is ubiquitous: consumers

    can access social media services fromtheir computers, smartphones andtablets. This ease of access has furtherdriven social media adoption.

    Adoption of social media began withyounger consumers, but sustainedgrowth is taking place across a range ofdemographic tiers, from young to old.

    Social media is displacing traditional e-channels, such as e-mail, as consumerspreferred method of one-to-oneinteraction.

    Businesses need to understand thatsocial media is an integral part of theircustomers lives.

    Social media revolution: It is fast becoming the communicationmedium of choice across the globe

    Social networking is nowmore popularthan e-mail* Global time spent on social

    media is up by

    82%over last year*

    Last year,Tweets grew

    1400%

    Facebooks greatest

    growth has come frompeople aged

    35-49*

    *Source: Nielson Online

    Every minute,24 hours

    of video is uploaded toYouTube

    LinkedIn has users onevery continent

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    6/66

    Social Network users flock together to form communities ofpeople with similar interests

    Social Networks create the

    Friend-of-a friend (FOAF) trust model Social media outlets, such as Facebook,

    Twitter, and LinkedIn, consist of extensive

    networks of users who are self-organized

    into groups and communities.

    Users establish connections directly with

    other users to form a personal friends

    network.

    Users also join groups and communities that

    are organized around attributes such as

    products, lifestyles, entertainment,

    institutions, politics, and geographic

    locations.

    The Friend-of-a-Friend (FOAF) modelenables interactions beyond direct

    connections.

    Organizations need to be aware of the fact that customers are more likely to trust an opinion of aproduct or service of someone within their FOAF model than statements made by the company itself.

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    7/66

    The competitive landscape of business is changing thanksto use of social media

    31%

    50%

    50%

    53%

    54%

    55%

    65%

    78%

    100%

    69%

    50%

    50%

    47%

    46%

    45%

    35%

    22%

    0% 20% 40% 60% 80% 100%

    Primary Industry

    Manufacturing

    Wholesale/Retail

    Healthcare

    Trans/Utilities/Comms

    Financial Services

    Business Services

    Government

    Education

    Implemented Not Implemented

    Social media implementation highest in educationand government organizations surveyed

    Organizations are realizing the potentialvalue of social media; they need to be inthe same space as their customers andstakeholders.

    Education and government organizationshave high deployment rates as they use

    social media to connect with stakeholders,while adoption has been slowest in theprimary sector.

    As with Web 1.0, firms vary in the degreewith which they embrace social media.

    Organizational size has no impact ondeployment. Rather, those taking a wait-

    and-see approach cited high perceivedrisks as the number one reason why theyhave yet to deploy social media.

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    8/66

    E-mailFace toFace

    Phone Web

    Customer Relationship Management

    Marketing Sales Service

    Communication Channels

    Conversations Information

    Customers

    Multi-channel customer interaction is not a new concept toorganizations

    In the last few years, new delivery and

    interaction channel options such as e-mail,

    chat, Web self-service, kiosks, bulletin

    boards, and discussion forums have been

    introduced.

    Interaction management evolved as a

    component of a larger CustomerRelationship Management (CRM) strategy

    in to manage this new hybrid channel.

    Organizations have been creating more

    sophisticated market coverage models

    employing hybrid channel interaction

    strategies.

    These models were optimized around

    customers affinity for different channels

    and the ability of different products and

    services to be marketed, sold, and

    serviced through these channels.

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    9/66

    E-mailFace toFace

    Phone WebSocialMedia

    Customer Relationship Management

    Communication Channels

    Conversations & Information

    Customers

    Marketing Sales Service

    Individuals are interacting with each

    other and with organizations in the social

    cloud.

    Organizations must follow their

    customers, prospects and partners into

    this new world.

    The lessons learned from integration of

    1.0 e-channels should be leveraged as

    organizations add the social media

    channel into their overall customer

    interaction management.

    Social Media integration is not aboutrebuilding your CRM, It is merely another

    module to be integrated with it.

    Social media is a new channel where organizations interact withtheir customers and customers with each other

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    10/66

    Social media interaction is happening; whether you join inor you dont..

    Although there are risks that need to be managed when participating, there are also risks to theorganization if they choose not to participate. Conduct an online search for Motrin Mom for a popular

    example of the power of social media in the absence of company involvement.

    Absence from social mediaparticipation may lead to thefollowing consequences

    Brand image can now be heavilyinfluenced by the entire socialcloud, whether the companyparticipates or not.

    Organizations can leverage boththe positive and negativefeedback for marketing, sales andservice.

    IT plays a critical role insupporting the organizational useof the social cloud whileminimizing risks.

    Social media is there whether we participate or not,

    therefore participation on our company's part isn't optional.-CIO, Manufacturing

    You can use the people who are passionate about yourbrand effectively, but at the same time, you have to bemindful that there will be others who will say things that youdont want. What are you going to do? How are you going

    to deal with that?- Dr. Nicole Haggerty, Associate Professor

    You have to know what the business model is in order todictate what you restrict and what you don't along with

    knowing what the risk to IT and the infrastructureenvironment are.-Thomas Uyehara, IT Director, Independence First

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    11/66

    Social media has applications in marketing,

    sales and customer service: Marketing: Social media can be used as

    an inexpensive and highly effectivechannel for advertising and creating brandawareness with customers and prospects.

    Sales: A number of social media servicescan be used to prospect for potentialclients.

    Service: Social media can be used as anavenue for providing service to customers.

    Achieving social media gains is possible inboth a B2C, B2B, and G2C context.:

    B2C organizations can achieve gainsacross all areas.

    B2B organizations can particularly benefitfrom customer acquisition and the abilityto build more meaningful relationships.

    G2C, health care, non-profit and educationorganizations can leverage social mediaas an integral channel for effectivelyreaching out to stakeholders and citizens.

    It serves multiple purposes:Marketing, Sales, and Service gains

    6

    2

    6

    10

    13

    7

    12

    14

    31

    39

    39

    38

    38

    56

    55

    53

    17

    24

    16

    20

    15

    20

    8

    12

    46

    35

    40

    33

    24

    18

    24

    21

    0% 20% 40% 60% 80% 100%

    Increasing revenue

    Reducing cost o f service

    Customer acquisition

    Increasing customer retention

    Gaining customer insights

    Improving customer satisfaction

    Increasing mind share

    Building positive brand image

    Fully achieved Partially achieved Did not achieve Not a goal

    Social Media has demonstratedpositive influence on brand image

    and customer share of mind

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    12/66

    Social CRM: influence of social media in collecting moreinformation and building better relationships

    Social CRM is taking advantage ofedge infrastructure (social media)where we have access tocommunities of interest by linkingthem to the goals of ourinfrastructure (CRM) where we have

    better controls and measures. Socialmedia strengthens the relationship inan environment where the customeris comfortable and familiar providingus an opportunity to bridge this trustinto our organization.- IT Director, Public Administration

    Social CRM goes beyond simple databases of customer information - it actively seeks to capture and

    analyze customer information and conversations that are available in the social media landscape.

    Social CRM refers to the hybridizationand merging of social media withCRM.

    Social media is a powerful tool forcommunicating with customers, butrelatively few organizations are linkingsocial media to their customer

    relationship management. Social CRM is about using Web 2.0technologies to better understand,communicate with and servicecustomers.

    Information is power, and social CRMaims to provide companies with themost complete picture of the customer

    available.

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    13/66

    Lack of formality results in manual, resource intensiveprocesses that are difficult to measure

    Sometimes social media initiatives are pursued in an ad-hoc manner rather than with a formalstrategy and setting up appropriate technical solutions.

    Objectives are not clearly defined and efforts are in-coherent. In some instances, poor distribution ofresponsibilities causes confusion among people/teams.

    A formal social media strategy quantifies the goals, provides operational guidelines for existing CRMstrategies and outlines ways to achieve them.

    Software solutions that integrate with CRM technology reduce the resource intensive processesrequired for ongoing social media involvement and keeps projects on track by providing reportingmetrics.

    Social media and CRM are often being donewithout a defined strategy

    Many processes related to social media are being donemanually, despite the existence of software solutions

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    14/66

    Linking social media to existing customerrelationship management solutions canimprove information accuracy, reduce manualeffort and provide more in-depth customerinsights.

    Several major CRM vendors are now offeringproducts that integrate with popular socialnetworking services (either natively or byproviding support for third-party add-ons)

    For companies that have not formallyintegrated social media with customerrelationship management, IT should developthe business case in conjunction with theapplicable business-side partner (marketing,sales etc.).

    Formally integrating social media and CRM technology pays offbig dividends in goal achievement

    69

    41

    +68%

    Software IntegrationNo Integration

    Organizations that integrated their

    social media and CRM technology withsoftware realized more of their goals

    Social Media & CRM Technology

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    15/66

    11%

    14%

    20%

    38%

    40%

    40%

    62%

    69%

    26%

    29%

    35%

    45%

    19%

    28%

    24%

    25%

    64%

    57%

    44%

    18%

    41%

    32%

    14%

    7%

    0% 20% 40% 60% 80% 100%

    Posting content to social media sites

    Defining the goals of social media

    Monitoring social media sites

    Social media and CRM integration

    Providing social media reporting

    Social media content archival

    Managing social media security

    Social media technology support

    IT Both Business

    I.Ts primary role lies in providing

    necessary infrastructure and identifyingand mitigating security concerns.

    Archiving content, providing reporting,managing integration and monitoringsites may be joint responsibilities or heldby either side.

    The push for adoption usually comesfrom the business (for example, themarketing or communications

    department) and thus defining the goalsand posting actual content lies with thebusiness side.

    I.T has an important role to play in managing social mediainfrastructure and security

    IT manages infrastructure and security, whilesocial media goals and content are typically

    handled by the business side

    IT

    Business

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    16/66

    Road Map

    Strategize Opportunity Assessment Business Plan

    UnderstandingSocial Media

    Market Overview Value Proposition Role of I.T

    Social MediaChannels

    Facebook Twitter Linked-in YouTube Blog

    Implement Project Planning Securing Privacy & Integrity

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    17/66

    Social CRM vendors fit into three distinct categories

    Social CRM vendors can be categorized into three silos: social media services (i.e. Facebook,Twitter), CRM suites that feature social media integration (i.e. Oracle, Salesforce.com), and pure-play social channel aggregators and managers (such as TweetDeck and Socialware). Differentproducts from the three silos can be brought together to create a cohesive social CRM platform.

    Social Media ServicesCRM Suites with

    Social Media Integration

    Social ChannelAggregators and Managers

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    18/66

    Social media services allow consumers to create, manage andshare content with each other

    There are four main types of services: social networking, blogging, micro-blogging and

    social multimedia.

    Social Networking: Social networking services allow users to communicate with theirpersonal networks. These services rely on the friend-of-a-friend model of socialinteraction. Users can share a wide variety of information and media with one another.Prominent social networking sites include Facebook and LinkedIn.

    Blogging: Blogs are websites that allow users to upload text entries and media. Entriesare typically displayed in reverse-chronological order, and often contain ongoing

    commentary and discussion of recent events. Prominent blogging services includeBlogger and WordPress.

    Micro-Blogging: Micro-blogging is similar to blogs, with the exception that writtencontent is typically limited to a set number of characters. For example, the popular micro-blogging service Twitter allows users to post messages up to 140 characters in length.

    Social Multimedia: Social multimedia is an easy way for users to upload and sharemultimedia content (i.e. pictures and video) on a personal and community level. YouTube

    is most popular for video sharing, while Flickr is common for sharing photo albums.

    In many cases, each service does not fit neatly into each category. While Facebook isfocused on social networking, it also provides tools for sharing photo and videos.Conversely, YouTube includes basic social networking capabilities insofar as users canadd each other as friends. With minor exceptions, creating an account on a social mediaservice is free this makes using these services extremely cost effective.

    Socialnetwo

    rking

    Blogging

    Micro-

    Blogging

    Social

    Multimedia

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    19/66

    Facebook is the worlds most popular social networking service; it

    is an indispensable tool for connecting with your customers

    13%

    13%

    30%

    0% 10% 20% 30%

    Service

    Sales

    Marketing

    Facebook has the highest organizationaladoption of any social networking service

    Launched in 2004, Facebook is now the worlds mostpopular social networking service, boasting over 700million users worldwide. If Facebook were a country,it would be the third largest in the world.

    Users on Facebook can exchange messages, sharephotos and video, create event invitations and buildpages dedicated to specific topics or products.

    Many companies have found that maintaining apresence on Facebook is essential for connectingwith both current and prospective customers.

    As the sites popularity continues to grow, companies

    must follow their customers to the service.

    Companies are also monitoring Facebook to gatherconsumer thoughts and perceptions about theirbrands. The site can be an invaluable tool for gainingproduct marketing insights.

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    20/66

    Twitter is a versatile communication channel; the service isextremely useful for pushing out real-time information

    Launched in 2006, Twitter is a popular micro-bloggingwebsite that allows users to post short messages upto 140 characters in length.

    Users can follow one another on the site. When a

    user updates his or her Twitter feed, a notification ispushed out to everyone following the account. Thismakes Twitter an indispensible tool for quicklydisseminating information.

    Twitter has rapidly gained traction as a viable servicefor pushing out real-time updates about products andservices, corporate news and information bulletins.

    Many organizations are opening Twitter accounts inorder to better communicate with their customerbases. Several forward-thinking businesses (such asDell) are now using Twitter as an additional avenuefor customer service.

    13%

    10%

    22%

    0% 10% 20% 30%

    Service

    Sales

    Marketing

    Although relatively new, Twitter has seenwidespread adoption by businesses

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    21/66

    LinkedIn is the business formal of social networking; the service is

    valuable for B2B lead generation and prospecting

    LinkedIn is a social networking service targeted atworking professionals. The site is geared towardsbuilding and communicating with professionalnetworks (as opposed to services such as Facebook,which emphasize staying in touch with family andfriends).

    LinkedIn features group pages where users canassociate with one another based on characteristicslike career interest or alumni affiliation.

    In addition to giving users the ability to createindividual profiles, the site also maintains severalcompany profile pages. Users can view companydetails such as industry and demographics.

    The site features LinkedIn Answers, where userscan pose questions and receive answers from othermembers of the LinkedIn community.

    LinkedIns rich collection of business profiles makes it

    a valuable service for sales prospecting. The site isalso popular as a recruitment tool.

    2%

    7%

    10%

    0% 10% 20% 30%

    Service

    Sales

    Marketing

    LinkedIn is particularly useful for sales andmarketing, especially in a B2B context

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    22/66

    YouTube is the leading video sharing service; it is the unrivalled mediumfor building awareness through viral advertising

    Since its inception in 2005, YouTube has rapidly grownto become one of the most popular websites in theworld. The service allows users to upload and publishvideo content free-of-charge. Content on YouTuberanges from home videos to movie trailers to viraladvertising campaigns.

    User accounts on YouTube are referred to aschannels. The site provides comprehensive tools formanaging video content, including basic video andaudio editing.

    The site provides a free analytics tool called YouTube

    Insights that can be used to track the referrers and

    demographics of those viewing a video. This makesthe site useful for gathering customer insights.

    YouTube is extremely valuable for hosting videocontent such as viral advertisements; because the siteis free, hosting video content on YouTube is morebandwidth-effective than hosting it locally.

    YouTube provides a channel for distributing videocontent for smaller organizations lacking the mediabudgets to purchase TV airtime.

    4%

    3%

    11%

    0% 10% 20% 30%

    Service

    Sales

    Marketing

    YouTube is used predominantly for raisingproduct awareness

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    23/66

    Blogs: from online diaries to global boardrooms where every thing frommanufacturing to marketing is discussed

    Blogging started in the 1990s as online diaries. In 2011

    Huffington Post, which became the largest blog in theworld was sold to AOL for $315 million. Blogging haschanged!

    Blogging platforms such as WordPress and a web thatmakes sharing efficient and viral are transforming howwe produce, consume and engage with knowledge andinformation. Publishing is evolving to whole new levelthat is global, instant and multimedia.

    Blogs offer a wide spectrum of information that is usedby corporations. From discussion panels and focus

    groups to customer experience and sales promotions;there is virtually no limit to what a blog cannot address.

    Blogs are used as feedback mechanisms for productsand services and produce real time results that can beused to improve a multitude of product aspects.

    16%

    25%29%

    34%39%

    43%

    2007 2008 2009 2010 2011 2012

    43% of US companies will beblogging in 2012

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    24/66

    Not all social networking services are created equal: some aremore useful than others for achieving certain goals

    Domain Opportunity Facebook Twitter LinkedIn YouTube Blog

    Marketing

    Building Positive BrandImage

    Increasing Mind Share

    Gaining Customer

    Insights

    Sales

    Gaining Sales Insights

    Increasing Revenue

    Customer Acquisition

    Service

    Customer Satisfaction Increasing CustomerRetention Reducing Cost of

    Service

    Different social media services are more effective than others for reaching different goals. For example,YouTube is useful as an avenue for distributing marketing campaigns, but its of substantially less use for

    sales functions like lead generation.

    Proven

    Useful*

    Potentially

    Useful

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    25/66

    Incumbent CRM vendors are rapidly integrating social mediawith their solutions as they realize its potential value

    Rapid adoption of social media by consumers has drivenmost large vendors of CRM solutions to integrate socialmedia functionality into their products.

    Some vendors (such as Oracle) natively support socialchannels, while others (such as Microsoft Dynamics CRMand SugarCRM) are dependant on third-party tools (likeInsideView) to enable social media functionality.

    While social media integration has been proceedingquickly, it is still a relatively new direction for most CRMvendors. As a result, integration hasnt reached full

    maturity yet. This is an area where further developmentand refinement can be expected.

    Due to the rapid adoption of social media by incumbent CRM vendors,the market for pure-play social channel aggregators and managers will

    be smaller than the market for similar Web 1.0 services.

    CRMS

    uit

    eswithSocialM

    ediaIntegration

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    26/66

    Oracle has incorporated social media into itssales prospecting and automation solutions.

    Currently, Oracles Sales Prospector On-Demand pulls potential clients from bothinternal and external data sources.

    Third-party plug-ins allow Oracles SocialCRM suites to integrate with services like

    LinkedIn, pulling contact information such asjob title and background.

    Oracle leverages social media to

    drive sales performance.

    Salesforce.com provides

    cloud-native CRM solutions.

    Salesforce.com provides a comprehensivetool set for managing customer conversationsin social media space.

    Salesforce can link to Facebook and Twitter.Currently, social media can be used as achannel for lead generation and salesmanagement, as well as customer service.

    Oracle and Salesforce.com are leading vendors that haveintegrated social media into their CRM products

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    27/66

    Pure-play vendors provide social channel aggregators and managers that canbe used to harness the power of social media

    With the proliferation of different social media services, a number ofvendors have begun offering pure-play social channel aggregators andsocial channel management solutions.

    Social channel aggregators collate and summarize information fromseveral social media services (for example, Facebook and Twitter) andallow users to simultaneously update multiple social media accountsacross multiple services. This can be a tremendous time-saver for both

    collecting customer insights as well as publishing information to socialmedia services.

    Social channel managers are applications and vendors that provideservices for managing social channels. For example, social channelmanagers may monitor social media services for consumer thoughts andperceptions about a particular brand, or they may provide on-demandanalytics for tracking how consumers are clicking through to the firms

    social media pages.

    So

    cialchannelaggregators

    Socialchannelmanagers

    Using a combination of social channel aggregators and managers cansimplify social media campaigns while accumulating useful analytics

    and archiving content to meet security needs.

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    28/66

    TweetDeck aggregates feeds from severalpopular social networking services, anddisplays them in a unified manner. Thiseliminates having to continuously checkmultiple social networking sites.

    Presently, TweetDeck supports Facebook,MySpace, Twitter and LinkedIn.

    TweetDeck can also be used tosimultaneously update multiple user accountsacross several different services.

    TweetDecks ability to aggregate and sortinformation combined with its updatefunctionality make it a versatile tool formanaging social media initiatives.

    Socialware bills itself as the first socialmiddleware company, an accurate label

    given the range of social channelmanagement solutions it provides.

    Socialware Compass is a product that allowscompanies to implement and automate theirsocial media policies by providing internal

    access controls, content archival and back-up, content moderation, and analytics formonitoring and tracking use of social mediausage.

    Subscriptions to Socialwares services start

    at $100 per month.

    TweetDeck and Socialware are breaking new ground in the pure-play socialchannel aggregator and manager market

    TweetDeck makes managing multiple serviceseasy by aggregating Facebook, Twitter & LinkedIn

    Socialware provides numerous value-addedsocial channel management services

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    29/66

    Insource was looking for a tool to streamline their sales forces efforts to gather online information aboutprospects and customers.

    They chose InsideView to aggregate information within SugarCRM in a meaningful way thatcomplements how they go to market. This enables Insource to expand client relationships, search fornew opportunities, and leverage data from social media for prospecting.

    In addition to monitoring brand mentions and actions, InsideView compiles reference connectors thatlink Insources customers and prospects through LinkedIn, providing insight into relationships that may

    be leveraged to increase sales.

    Summary:

    Insource is a business-to-business organization that provides labor and staffingsolutions to companies primarily focused on manufacturing and distribution.

    They employ approximately 2,000 people. Instead of approaching social media as a task for individuals, they chose a

    monitoring solution that enables their entire sales and business developmentteams to deliver a specific message.

    Insource Performance Solutions uses InsideView to monitor and gatherinformation from social media channels

    As we talk with prospects and customers were engaging in conversations that are relevant to them

    because we are better informed.These tools are enabling sales and they also, in my view -and I dont think Im alone, help us serveour customers better.And anything that does that is a good investment on our part.- Chip Meyers, Sales Operation Manager, Insource

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    30/66

    Insource relies on InsideView within SugarCRM to providethe most complete picture of a customer

    Information harvested fromsocial media channels isintegrated into client recordsfor easy access withoutthe manual task ofsearching across multiplechannels.

    Monitoring company namementions provides insight

    into your clients activities andthe conversations in whichthey are engaged.

    I id Vi Li k dI di l h i i d

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    31/66

    InsideView uses LinkedIn to display the connections associatedwith members of Insources customer database

    LinkedIn networkconnections are related toclients already in yourdatabase for easierprospecting.

    R d M

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    32/66

    Road Map

    Info-Tech Research Group 32

    Strategize Opportunity Assessment Business Plan

    Understand MarketOverview

    Value toOrganizations

    ITs Role RiskMitigation

    Compare Social Media Vendor Segmentation

    Implement Project Planning Securing Privacy & Integrity

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    33/66

    Info-Tech Research Group 33

    E-mailFace to

    FacePhone Web

    Social

    Media

    Customer Relationship Management

    Communication Channels

    Conversations & Information

    Customers

    Marketing Sales Service

    Social media opportunities exist in marketing, sales and service

    Marketing

    Sales

    Service

    1. Build Positive Brand Image

    2. Increase Mind Share

    3. Gain Marketing Customer

    Insights

    1. Increase Revenue2. Customer Acquisition

    3. Gain Sales Insights

    1. Improve Customer

    Satisfaction

    2. Increase Customer Retention

    3. Reduce Cost of Service

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    34/66

    Social media can be effectively used for marketing

    purposes when target customer segments overlap

    user demographics.

    The top 3 marketing opportunities are:

    customers to improve brand image

    and increase mind share

    Info-Tech Research Group 34

    Customers

    Social Media

    Customer Relationship Management

    Communication Channels

    Marketing

    Interaction Goals:

    Positive Brand Image

    Increased Mind Share

    Customer Insights

    Positive Brand Image: Organizations can use social

    media to promote a positive brand image. This is

    particularly important for organizations generally

    vulnerable to negative press or consumer discontent.

    Increased Mind Share. Social media can reach large

    audiences at very low monetary cost, giving

    organizations another medium to promote their

    organization/brand to increase awareness. Related

    Research: Getting Social with E-Mail Marketing

    Campaigns

    Customer Insights: Users discuss experiences with

    products/services via social media. Monitoring social

    media can provide valuable feedback on your

    products as well as on those of competitors for

    product intelligence.

    1

    2

    3

    http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639
  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    35/66

    Social media can be exploited for a variety of

    sales purposes when acquisition and sales can

    be linked to existing sales processes.The top 3 sales opportunities are:

    customer acquisition and revenue

    generation

    Info-Tech Research Group 35

    Increased Revenue: An additional channel for

    organizations to provide product and service

    information that can convert consumers researching

    a product/service into a sale or encourage future

    purchases with coupons.

    Customer Acquisition: Social media can be exploited

    for lead generation, particularly by leveraging the

    FOAF model in B2B scenarios. Many CRM Vendors

    are linking platforms like LinkedIn and Facebook to

    its sales automation software to enable sales to

    leverage referrals through their business andpersonal networks.

    Customer Insights: Consumer buying behaviors and

    patterns can be gathered by monitoring social media

    sites and then used to design sales delivery models.

    1

    2

    3

    Customers

    Social Media

    Customer Relationship Management

    Communication Channels

    Sales

    Interaction Goals:

    Increased Revenue

    Customer Acquisition

    Customer Insights

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    36/66

    Social media provides another channel for

    organizations to respond to customer

    inquiries or service issues.

    The top 3 service opportunities include:

    media to provide more meaningful service

    and support for satisfaction and retention

    Info-Tech Research Group 36

    Improving Customer Satisfaction: Customers that

    receive more timely and personal service in the

    medium that they prefer will be more satisfied.

    Increasing Customer Retention. Using social media

    with customers builds barriers to exit since customers

    are engaged using a medium they prefer something

    the organization needs to offer to remain

    competitive.

    Reducing Cost of Service: Organizations use social

    media to quickly and efficiently respond to customer

    service issues. The answer to the problem can be

    public, making it searchable by other customers that

    have the same request.

    12

    3

    Customers

    Social Media

    Customer Relationship Management

    Communication Channels

    Customer Service

    Interaction Goals:

    Improving Customer Satisfaction

    Increasing Customer Retention

    Reducing Cost of Service

    implementations

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    37/66

    Area of

    OpportunitySocial Media Goals

    Marketing Build a positive brand image

    Marketing Increase mind share

    Marketing Gain customer insights

    Sales Increase revenue per customer

    Sales Acquire customers

    Sales Gain customer insights

    Service Increase customer retention

    Service Increase customer satisfaction

    Service Reduce cost of serving customers

    The following slides provide social media cases at avariety of organizational types. Each case is evaluatedusing Info-Techs social media scorecard to help you

    understand how success looks for differentorganizations.

    We evaluated four organizations across all major socialmedia platforms:

    Dell

    H & R Block

    Scripps Health

    State of Vermont

    The effectiveness of their social media campaigns isdirectly related to goals in the social media scorecard.

    We also looked at exemplary cases in individual socialmedia channels:

    The Coffee Groundz (Facebook)

    CME Group (Twitter) Zappos (Twitter)

    BooneOakley (YouTube)

    Control Engineering (LinkedIN)

    The Social Media Scorecard:

    implementationsacross the nine social media opportunity

    areas

    Info-Tech Research Group 37

    These cases are meant to illustrate how social

    media can be applied to a variety of

    organizations. An opportunity assessment

    follows so that you can determine what areas

    exist for your specific situation.

    http://www.dell.com/http://www.hrblock.com/http://www.scripps.org/http://www.vermont.gov/portal/http://www.vermont.gov/portal/http://www.scripps.org/http://www.hrblock.com/http://www.dell.com/
  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    38/66

    Dells page includes an app that enables a user to configure a custom laptop, share the resulting product,and then connect seamlessly with Dells online store.

    Also includes an app that connects Facebook fans directly with Dell customer service.

    27 Twitter accounts include geo-targeted offers for consumers, offers for business, tech support,customer support, and customer insight aggregation.

    They engage in extensive brand monitoring and customer engagement.

    The videos on Dells YouTube channel have been viewed over 4.3 million times. Videos are created for both consumer and business audiences, and are used cross-platform with

    integration into Facebook and referrals from Twitter.

    Dell uses LinkedIN for employee collaboration and communication as well as recruiting for globaloperations. Groups for Dell Certified Specialists are open for networking and discussion.

    Cross-platform summary:

    Dell Inc. is a multinational information technology corporation that develops, sells and supports

    computers and related products and services.

    They are extremely successful across all platforms.

    Their focus is on driving sales and building relationships through enhanced customer service.

    One of the most notable companies to successfully monetize their initiatives, Dell reported achieving

    $3 million in revenue directly through Twitter since 2007.

    other social media campaigns are

    measured

    Info-Tech Research Group 38

    li l

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    39/66

    online sales

    and customer service

    Info-Tech Research Group 39

    Generate brand awareness through

    community endorsement by building

    apps that are easy to share.

    Increase sales with direct integration of

    the app and your online store.

    A dedicated support team is

    recommended to ensure timely

    responses to service requests.

    Our testing with Dell revealed response

    times ofthirty minutes or less.

    Dells Twitter streams drive sales and

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    40/66

    Dell s Twitter streams drive sales andprovide customer service

    Info-Tech Research Group 40

    Measure conversion from each social media

    source by providing links to tracked landing

    pages.

    Analytics through a URL -shortner such as

    http://bit.lyoffer insight into clickthrough

    rates.

    http://bit.ly/http://bit.ly/
  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    41/66

    Social Media Goals Associated Activities Achieved

    Building positive brand imageExtensive brand monitoring and rapid response to potentially

    inflammatory comments

    Increasing mind share Outreach activities that keep Dell top-of-mind

    Improving customer satisfactionAuthority granted to CSRs to resolve customer issues via Social

    Media

    Gaining customer insights Aggressively solicit customer opinions

    Increasing customer retention Maintains focus on conversation post-sale

    Increasing revenue per customer Uptake on special offers is high

    Customer acquisition Seamless integration with online store

    Reducing cost of servicing customers Unknown; customer service and sales are dominant drivers ofDells strategy

    Dells approach of incorporating sales, marketing/branding, and customer service into their social media initiatives makes th eir campaigns remarkably successful.

    produces wins for marketing, sales, and

    service

    Info-Tech Research Group 41

    Many of your prospective buyers may already be using web channels; if you neglect to address those

    customers using social media, your audience is likely to choose a competitor who is established in

    this space.

    Info-Tech Insight:

    H&R Blocks approach to social media is

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    42/66

    H&R Blocks Facebook page has over 14,000 fans and is built around customer service and clientengagement.

    They have created apps that are interactive, informative, and easy-to-share.

    Reps quickly and directly respond to both positive and negative comments posted on their wall.

    H&R Block uses Twitter as a powerful customer service tool, engaging in brand monitoring to ensurethat no mention of H&R Block goes unanswered.

    Multiple customer service reps are authorized to use this account to create one stream of ongoing

    support.

    Branding and marketing are the primary objectives of H&R Blocks YouTube channel.

    Their videos, a combination of commercials and instructional videos, have been viewed over 1.7 milliontimes.

    They have also completely customized the YouTube interface to be branded consistently with theirwebsite.

    Cross-platform summary:

    H&R Block is a tax preparation company in the United States claiming more than 22

    million customers worldwide. They operate offices in Canada, Australia and the United

    Kingdom.

    H&R Block relies on social media as an avenue for providing comprehensive customer service.

    They interact with customers by answering tax questions and offering advice.

    They are quick to address and resolve negative experiences people are discussing via social media.

    H&R Block s approach to social media is

    driven by service

    Info-Tech Research Group 42

    and

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    43/66

    and

    motivates users to share content

    Info-Tech Research Group 43

    Use the tabs of your page as a mini-

    website that addresses user

    experience first and branding

    second.

    Make your tabs relevant to the

    problem your customer is trying to

    solve.

    Creating a quiz and adding it to yourpage requires no special

    programming ability.

    This is a quick way to provide fans

    with an interactive experience while

    promoting your brand in their news

    feed.

    oc answers ques ons an so ves

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    44/66

    oc answers ques ons an so vescomplaints via Twitter

    Info-Tech Research Group 44

    Direct messages can only be seen by the

    sender and recipient.

    Communicate via DM sparingly, or when

    sensitive information is being shared, so

    the rest of the community can see how

    engaged and attentive your organization is.

    Number of followers is an obvious metric

    but often is not the meter by which success

    on Twitter should be measured.

    Monitor mentions of your brand so you can

    address comments or concerns whenever

    people are tweeting about you, whether

    they are a follower or not.

    H&R Block successfully achieves marketing

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    45/66

    Social Media Goals Associated Activities Achieved

    Building positive brand imageExtensive brand monitoring and rapid response to negative or

    damaging remarks to alleviate potential brand impact

    Increasing mind shareSocial outreach activities that keep H&R Block top-of-mind when

    customers are searching for tax advice/information

    Improving customer satisfactionAuthority granted to CSRs to resolve customer issues via Social

    Media

    Gaining customer insights Provide opportunities for customer interaction and solicit opinions

    Increasing customer retentionTimely responses to customer questions increases the likelihood

    of repeat business

    Increasing revenue per customerRevenue affected indirectly through customer satisfaction;

    initiative is not sales-driven

    Customer acquisitionUnknown; although unproven, it is likely that positive branding

    will affect customers not already engaged

    Reducing cost of servicing customersUnknown; customer service is the driver behind H&R Blocks

    strategy

    H&R Blocks extensive brand monitoring and employee customer service outreach make social media a powerfultool to reach current and potential customers, as well as increase mind share.

    H&R Block successfully achieves marketingand service goals

    Info-Tech Research Group 45

    Organizations whose primary social media driver is improved service can still leverage customer

    interaction to increase customer acquisition through shareable content and viral special offers.

    Info-Tech Insight:

    cr pps ea uses soc a me a o connec

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    46/66

    Scripps Healths Facebook page is intended for both employees and patients.

    The comments on their wall include open-ended discussion questions about medical issues with

    responses from employees to encourage debate, as well as posts highlighting employee contributions

    and achievements.

    Scripps Healths twitter account has over 5,000 followers.

    A recent sample showed that approximately 50% of their tweets are in direct reply to someone who has

    mentioned Scripps Health in a tweet, with the remainder split between sharing company news and

    promoting local events.

    The videos on Scripps Healths YouTube channel have been viewed more than 79,000 times and offer a

    combination of health care news, patient stories, and company news and PR. They have created a YouTube group for health-care professionals, a technique that shows promise in

    connecting similar-minded organizations for the purpose of increasing visibility.

    Cross-platform summary:

    Scripps Health is a nonprofit health care system based in San Diego, California.

    The system includes four hospitals and 19 outpatient facilities, and treats a half-million

    patients annually through 2,600 affiliated physicians.

    The social media strategy employed by Scripps Health is centered on inviting conversation between patients andemployees, fostering community and generating positive branding opportunities.

    cr pps ea uses soc a me a o connecpatients and employees

    Info-Tech Research Group 46

    I do consider [our social media efforts] successful, and growing more so everyday. It's a slow process,

    but there have been numerous examples of patient experiences that have been made better because we

    were listening, and then reaching out.

    - G. Anderson, Marketing & Communications, Scripps Health

    cr pps ea t s ace oo page encourages

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    47/66

    cr pps ea t s ace oo page encouragespatient interaction

    Info-Tech Research Group 47

    Raise the profile of your

    organization for visitors to your

    Facebook page by highlighting

    employee contributions and

    company news.

    Encourage employees to become fans

    of your page and contribute to the

    discussion to enrich the patient

    experience.

    Leverage your content across social

    media platform by syndicating content

    via RSS.

    cr pps ea u s commun y on

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    48/66

    cr pps ea u s commun y onTwitter and YouTube

    Info-Tech Research Group 48

    Encourage employees who are tasked with

    manning your social media initiatives to

    inject personal comments to add dimension

    to the conversation. People follow/friend

    other people, not organizations.

    Customer (patient) stories and

    testimonials posted on your

    YouTube channel are a natural fit

    for social media and should be

    shared with your fans/followers

    across all social media channels.

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    49/66

    Social Media Goals Associated Activities Achieved

    Building positive brand imageFocuses on community activities and positive contributions by

    employees

    Increasing mind shareSeeks out people who are discussing Scripps Health and initiates

    conversation, highlights positive comments

    Improving customer satisfactionThe team manning their social media initiatives is able to provide

    conflict resolution or refer to someone who can

    Gaining customer insights Offers insight into community needs through open discussion

    Increasing customer retentionLittle indication of follow-up with patients past the initial

    conversation

    Increasing revenue per customer Building awareness and employee retention are more significant

    Customer acquisition Unknown; recruiting given high priority

    Reducing cost of servicing customersUnlikely; numerous comments from patients are initiated becausethe medium is available and are unlikely to have prompted a phone

    call or other contact

    Scripps Healths use of social media to connect patients and employees creates opportunities for effective conflictresolution and for positive branding within their community.

    care

    social media strategy

    Info-Tech Research Group 49

    Building community via social media helps connect patients and health care support services for

    improved patient satisfaction.

    Info-Tech Insight:

    media conversation

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    50/66

    Official Vermont marketing pages have been created around tourism and state parks, with 3,000 to5,000 fans.

    The unsanctioned Vermont fan page has over 21,000 fans who are passionate about sharing theiropinions. They are a very engaged community that should be leveraged and not excluded from officialcommunications.

    Two notable official Twitter streams (VermontGov and VermontTourism) are run by their respectiveagencies, with the official account having almost 1,800 followers. This account is used purely as abroadcast medium.

    Vermont Tourism has 4,400 followers, is following 3,500 people, and is actively engaging in two-wayconversation as well as promotion.

    The videos on Vermont Tourisms YouTube channel have been viewed over 17,000 times.

    Videos include traditional television commercials and long-form promotional videos created specificallyfor this medium.

    In addition to casual browsers, the channel has 59 followers who are attentive and interested: onerecent video garnered 25 views in the first three hours .

    Cross-platform summary:

    The State of Vermont employs over 7,000 people.

    It had to deal with social media initiatives that were being created independently and without standardprocess.

    Their audience was already interacting with non-sanctioned pages and accounts. While the conversation

    happening in the social arena was largely positive, it did not leave recourse in the event of questionablepostings.

    The state CIO worked with the Chief Marketing Officer to develop a plan for official pages that includeadministrators who monitor communications for objectionable content 365 days a year.

    media conversation

    for marketing gains

    Info-Tech Research Group 50

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    51/66

    Note: This is a fan page in the

    original sense of the word: thispage was created, not bygovernment agencies, but by a fan.

    overshadowed

    by a pre-existing fan page

    Info-Tech Research Group 51

    Harness the motivation of

    independent fans who are

    inclined to help you withpositive branding.

    Acknowledge their efforts even

    when they lie outside your

    official strategy.

    Having a sanctioned and official

    page satisfies your need for

    quality control, but gaining

    customer insight is easier when

    the conversation is already

    started.

    id d ff i hi h li it it

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    52/66

    one-sided affair, which limits its

    effectiveness

    Info-Tech Research Group 52

    The absence of RT (re-tweet) or

    @name tweets indicates that this

    account is not interacting with anyone.

    Use Twitter as a communication

    facilitator, not a broadcast medium for

    press releases.

    Following a low number of people

    limits the amount of noise you haveto filter when interacting with your

    audience.

    This is common when a Twitter

    account is automated to publish

    updates (via RSS, for example)

    Info-Tech Insight:

    Limiting the amount of interaction

    you have with your audience also

    restricts the benefits you can

    expect when participating in social

    media.

    h

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    53/66

    Social Media Goals Associated Activities Achieved

    Building positive brand image Actively positioning Vermont in a positive light

    Increasing mind share

    Social media content is increasingly showing up in search engines,

    so it is probable that someone searching for Vermont will also

    have access to this content

    Improving customer satisfaction When present, fan/follower interaction is prompt

    Gaining customer insights Conversation is largely promotional

    Increasing customer retention Focus is on brand building

    Increasing revenue per customer N/A

    Customer acquisition Interactions are occurring with current fans and followers

    Reducing cost of servicing customers Unknown; savings may be present if social media is replacingtraditional advertising

    Limiting the amount of interaction they have with their audience also restricts the benefits Vermont can expect

    when participating in social media. They have a solid foundation on which to build.

    approach

    for positive branding

    Info-Tech Research Group 53

    Info-Tech Insight:

    Developing a social media presence is not an all-or-nothing endeavor. Assess each medium on its own

    merits and dedicate resources accordingly.

    The Coffee Groundz gives their audience an

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    54/66

    Social Media Goal

    Positive brand image

    Increased mind share

    Increase customer satisfaction

    Gain customer insights

    Increase customer retention

    Increase revenue per customer

    Acquire customers

    Reduce cost of serving customers

    The Coffee Groundz is a small business in

    Houston, Texas. It has built a strong Facebook

    following by promoting in-store and communityevents, along with advertising exclusive special

    offers for Facebook fans.

    They currently have over 1,650 fans.

    Their fans are extremely active, posting photos

    and videos of events hosted at The Coffee

    Groundz.

    The Coffee Groundz gives their audience anonline gathering place on Facebook

    Info-Tech Research Group 54

    Encourage participation and feedback

    by publishing photo/video

    contributions on

    your wall.

    l ti i i

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    55/66

    Social Media Goal

    Positive brand image

    Increased mind share

    Increase customer satisfaction

    Gain customer insights

    Increase customer retention

    Increase revenue per customer

    Acquire customers

    Reduce cost of serving customers

    With over 750,000 followers, CME

    Group tweets about global economic and

    financial news. They are diligent about

    responding to their followers and engaging in

    conversation despite the volume of tweets.

    They have posted an impressive 6,600 tweets

    and have empowered their employees to work in

    a variety of Twitter clients, including HootSuite,

    TweetDeck, Twitter for Blackberry, and

    OpenBeak.

    relative in size

    to their number of followers

    Info-Tech Research Group 55

    Reciprocate positive sentiments by

    calling out by @name those who are

    contributing to your conversation.

    .T itt d di t d t t i d

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    56/66

    Social Media Goal

    Positive brand image

    Increased mind share

    Increase customer satisfaction

    Gain customer insights

    Increase customer retention

    Increase revenue per customer

    Acquire customers

    Reduce cost of serving customers

    Approx 500 Zappos employees are on Twitter,

    including the CEO, tasked with providing

    exceptional customer service and positive brand

    representation.

    Customers can talk directly to a customer service

    representative about a previous, current or

    future purchase, issues with the Zappos.com

    website, or ideas for future products and

    improvements.

    .Twitter dedicated to customer service and

    retention

    Info-Tech Research Group 56

    Be transparent about who is tweeting.

    Zappos.com CEO, Tony Hsieh, has gained

    over 1.6 million followers by being open

    about his position and sharing unvarnished

    thoughts about his company.

    YouTubes interactivity

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    57/66

    Social Media Goal

    Positive brand image

    Increased mind share

    Increase customer satisfaction

    Gain customer insights

    Increase customer retention

    Increase revenue per customer

    Acquire customers

    Reduce cost of serving customers

    Ad agency BooneOakley has taken the

    interactivity potential of YouTube and turned it

    into their website.

    www.BooneOakley.com points to their main

    YouTube video, which utilizes the Flash

    component of YouTube to link to other videos

    that correspond with the different traditional

    pages of their website.

    YouTubes interactivity

    that go virtually untapped by most users

    Info-Tech Research Group 57

    Create collateral that takes advantage of the capabilities

    of each medium.

    BooneOakleys site demonstrates the capabilities

    YouTube has to transform videos into full-fledged web

    content that interacts seamlessly with other components

    of your website.

    to connect

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    58/66

    B-to-B magazine Control Engineering built a

    community for engineers that focuses on

    members' needs for expertise and in-depthadvice, both from their peers and from easy

    access to editorial content.

    The most interesting discussions were then used

    as articles in their print publication, which

    encouraged subscribers to find and use the

    LinkedIn group.

    to connect

    and discuss, not to sell

    Info-Tech Research Group 58

    Social Media Goal

    Positive brand image

    Increased mind share

    Increase customer satisfaction

    Gain customer insights

    Increase customer retention

    Increase revenue per customer

    Acquire customers

    Reduce cost of serving customers

    Start a discussion that sparks interaction with

    your employee representatives.

    If your group gets off track, moderate with

    discretion. You may still find valuable insights in

    the conversation.

    exist for your organization with Info Techs

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    59/66

    Info-Tech Advice:

    1. Remember that departmental goals

    will overlap; gaining customer

    insight is valuable to sales,

    marketing and customer service.

    2. The social media benefits you can

    expect to achieve will evolve as your

    processes mature.3. Often, organizations jump into

    social media because they feel they

    have to. Use this assessment to

    identify early on what your drivers

    should be.

    Not all organizations will strive to achieve results

    in all three areas of opportunity. Use Info-Techs

    Social Media Opportunity Assessment Tool to

    determine, based on your unique criteria, where

    opportunity exists for your organization in

    marketing, sales and service.

    exist for your organization with Info-Tech s

    tool

    Info-Tech Research Group 59

    management strategy and achievable

    http://www.infotech.com/research/social-media-opportunity-assessment-toolhttp://www.infotech.com/research/social-media-opportunity-assessment-tool
  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    60/66

    Info-Tech Advice:

    1. Include 2-3 business stakeholders and one person

    from IT in the creation of the business plan.

    2. Use this framework to quick-start your projects at

    the same time that the strategy is being developed.

    3. Your social media strategy may be used across many

    customer interaction management-related projects.

    This document is intended to mature and grow with

    subsequent projects.

    4. Identify both the potential gains as well as the risks

    of social media, and how you plan to mitigate those.

    Use the results from the opportunity assessment tobuild a Social Media Business Plan for theenterprise. Document business justifications forspecific near-term customer interactionmanagement-related projects.

    a age e t st ategy a d ac e ab e

    opportunities in Info-Techs business plan

    template

    Info-Tech Research Group 60

    Info-Tech Insight:If the term social media carries a negative connotation in your organization, then terms like customer channel

    strategy or customer interaction management could be substituted.

    d

    http://www.infotech.com/research/social-media-business-plan-templatehttp://www.infotech.com/research/social-media-business-plan-template
  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    61/66

    Road Map

    Info-Tech Research Group 61

    Strategize Opportunity Assessment Business Plan

    Understand MarketOverview

    Value toOrganizations

    ITs Role RiskMitigation

    Compare Social Media Vendor Segmentation

    Implement Project Planning Securing Privacy & Integrity

    , ,i t ti l l b d

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    62/66

    , ,grow your interaction level based on your

    results

    Info-Tech Research Group 62

    Dont jump into social media all at once; build your plan in stages.

    Example Social Media Implementation Timeline

    One-sided interactions Multi-faceted conversations

    Begin by building your

    Facebook fan page and setting

    up your Twitter account Focus on following other

    people, joining groups, and

    locating your customers wherethey are using social media

    Build your following by posting

    relevant information, asking

    questions, replying to brandmentions

    Establish your presence on

    LinkedIn by creating a discussion

    group

    Create a YouTube channel and

    post videos link to and fromother social media accounts

    Aggressively seek out brand mentions

    and provide conflict resolution

    Integrate social media sales effortswith your website

    Social channel manager or aggregator

    implemented to integrate with CRM

    suite

    Advertise your social media presence

    in all other collateral: your website,

    brochures, business cards, etc.

    Little to no measurable benefitsBenefits become visible for

    marketing and service

    Sales, marketing, and customerservice benefits are seen and

    measured

    t l t t k lti l d t t

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    63/66

    Info-Tech Advice:

    1. If you cannot assign FTEs to social media

    activities, be sure to clearly outline timeexpectations of part-time social media reps.

    2. Provide a framework for obtaining and reporting

    metrics and project successes.

    3. Be prepared to evaluate frequently and reassign

    priorities as your project progresses. Your

    audience will tell you which opportunities will be

    most successful (sales, marketing, and/or

    customer service).

    A social media project is a multi-departmentalundertaking that must be managed well to besuccessful. Document the process in Info-TechsSocial CRM Project Charter Template to ensureproject success.

    template to keep multiple departments on

    the same page

    Info-Tech Research Group 63

    Due to the rapidly changing nature of social media, project requirements need to be both well-defined and

    flexible.

    Info-Tech Insight:

    organizational use of social media with this

    http://www.infotech.com/research/social-crm-project-charterhttp://www.infotech.com/research/social-crm-project-charter
  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    64/66

    Info-Tech Advice:

    1. Separate employee use of public social networks for

    personal purposes from official employee use of these

    networks for business purposes.2. Establish guidelines for privacy settings in user profiles

    on public social networks aimed at consumers

    (Facebook, MySpace and Friendster).

    3. Prohibit installation of additional applications from a

    public social network platforms application partners

    without IT approval.

    4. It is the responsibility of the business unit to monitor

    individual group member activity.

    The use of external social media within organizations for

    business purposes is here to stay. The risk of inappropriate

    information transfer between personal and business

    contacts must be mitigated by implementing Info-TechsSocial Media Acceptable Use Policy.

    organizational use of social media with this

    policy

    Info-Tech Research Group 64

    Tools to establish barriers between personal and private networks and tools to centrally manage accounts are

    only beginning to emerge. Start with the implementation of a paper policy.

    Info-Tech Insight:

    Conclusion

    http://www.infotech.com/research/social-media-acceptable-use-policyhttp://www.infotech.com/research/social-media-acceptable-use-policy
  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    65/66

    Social media is not a new world: its an add-on to existing channels.

    Youve always been communicating with your customers and social media

    provides another medium to leverage.

    Integrating social media and CRM technology is crucial to achieving goals.

    ITs primary role is managing social media infrastructure and security

    The technology decision involves evaluating vendors in three distinct

    categories: social media services, CRM suites, and social channel

    aggregators/managers.

    Determine what social media opportunities exist for your organization in

    marketing, sales and service.

    Leverage current real-world implementations for lessons learned.

    A social media implementation is a multi-department undertaking that

    should be managed with a business plan and project charter. Your social media plan should be built in stages.

    Conclusion

    Info-Tech Research Group 65

    Appendix

  • 8/2/2019 Leverage Social Media for Customer Interaction SB (1)

    66/66

    Tools & Templates Associated with This Solution Set:

    Understand

    Leverage Social Media for Customer Interaction(Video)

    Strategize

    Social Media Opportunity Assessment Tool

    Social Media Business Plan Template

    Implement

    Social CRM Project Charter

    Social Media Acceptable Use Policy

    Related Research:

    Customer Interaction Management in a Web 2.0 World

    Public Social Networks for Business: Is a FOAF a Foe?

    Four Companies Benefit from the Friend of a Friend: A Social Networking Saga Getting Social with E-Mail Marketing Campaigns

    Social Networking and Recruiting: Reap the Benefits; Reduce the Risks

    Appendix

    http://www.infotech.com/research/leverage-social-media-for-customer-interactionhttp://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/social-media-opportunity-assessment-toolhttp://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/social-media-business-plan-templatehttp://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/social-crm-project-charterhttp://www.infotech.com/research/social-crm-project-charterhttp://www.infotech.com/research/social-crm-project-charterhttp://www.infotech.com/research/social-media-acceptable-use-policyhttp://www.infotech.com/research/social-crm-project-charterhttp://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/public-social-networks-for-business-is-a-foaf-a-foe?nav_id=2639http://www.infotech.com/research/public-social-networks-for-business-is-a-foaf-a-foe?nav_id=2639http://www.infotech.com/research/four-companies-benefit-from-the-friend-of-a-friend-a-social-networking-saga?nav_id=2639http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639http://www.infotech.com/research/social-networking-and-recruiting-reap-the-benefits-reduce-the-risks?nav_id=2639http://www.infotech.com/research/social-networking-and-recruiting-reap-the-benefits-reduce-the-risks?nav_id=2639http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639http://www.infotech.com/research/getting-social-with-e-mail-marketing-campaigns?nav_id=2639http://www.infotech.com/research/four-companies-benefit-from-the-friend-of-a-friend-a-social-networking-saga?nav_id=2639http://www.infotech.com/research/public-social-networks-for-business-is-a-foaf-a-foe?nav_id=2639http://www.infotech.com/research/public-social-networks-for-business-is-a-foaf-a-foe?nav_id=2639http://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/social-crm-project-charterhttp://www.infotech.com/research/social-media-acceptable-use-policyhttp://www.infotech.com/research/social-crm-project-charterhttp://www.infotech.com/research/social-crm-project-charterhttp://www.infotech.com/research/social-crm-project-charterhttp://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/social-media-business-plan-templatehttp://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/social-media-opportunity-assessment-toolhttp://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/customer-interaction-management-in-a-web-20-world?nav_id=2639http://www.infotech.com/research/leverage-social-media-for-customer-interaction