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iMedia Brand Summit - Sept 2010You’ve advocated and convinced your team to invest in your branded social media strategy. You’ve got the community up and running and fully recruited with eager and enthusiastic customers. So what do you do now?We all know that social media is here to stay and is fast becoming a crucial part of how brands develop and calibrate their online (and offline) presence. However, there is still confusion as to how to convert their community from a “cool project" to something far more valuable – a tool that can serve to inform the overall business strategy and a place where the brand can engage with the customer and get relevant and valuable feedback on everything from marketing to R&D.Passenger’s CEO Steve Howe, along with DirecTV’s Director of Product Management and Marketing, David Elgas, will discuss: * How social market research is on the rise and making a real difference in how brands connect with consumers * Best practices for getting various areas of the business involved in the social research strategy * How to market the ROI to the rest of the company for better integration * How to turn insights/listening into action
Citation preview
DIRECTV & Passenger
Steve Howe, CEOPassenger Inc.
Where are we heading?
Traditional Media
Broadcast
Talking
Mass
Web
Social
Listening
Intimate
Vehicles for marketing and customer relations are rapidly changing.
Traditional Media -> WebGlobal internet penetration has doubled since 2005.
In 2010, internet penetration is growing twice as fast as in 2007.
Current internet penetration rate in the United States:
78%Time spent on the internet in American households increased by 117% from 2005-2009.
Broadcast -> Social79%
Fortune 100 companies with a
social media strategy
80%Americans who use
social media monthly
$4.8BB2B social media
marketing spending by 2012
500MNumber of active Facebook users
50MNumber of Tweets
created per day
Source: Forrester
Source: Burson-Marsteller
Source: Forrester
Source: Twitter
Source: Facebook
Social media is becoming the norm
Talking -> Listening
TALK
ENGAGE
Traditional top-down model
Horizontal peer-to-peer model
Sweet Spot
-Bloggers-Consumers-Employees-Reviewers-Influencers
-Brands-Companies-Investors-Regulators-CEOs
Sweet Spot: Not only talking , but also listening to create engagement
Top-down models of brand-consumer interaction are dramatically shifting.
Mass -> Intimate
• Getting to know you
• Authenticity of human interaction
• Scaling intimacy
• Targeting brand advocates
• Rewarding loyalty and enthusiasm
Brand-to-consumer conversations are more honest, personal, and authentic.
Out of these trends…A new tool has emerged that leverages the consumer’s will to share.
Private Online CommunitiesPassenger provides online communities that enable brands to connect with customers in an engaging, personalized environment to build knowledge and advocacy.
Private Online Community1 Insight
• Get real-time insights on how your brand and services are perceived:• focus groups• ethnographies• pilot testing• test markets• product trials• usability testing• program testing• concept testing• message testing• surveys• segmentation studies• attitude & usage studies• opinion polls
2 Innovation• Achieve customer-driven
innovation to inform marketing, product and operations:• product development• crowd sourcing• user generated content
(UGC)• co-creation• collaboration• virtual brainstorms• emerging product
concepts
3 Advocacy• Form a personal
connection with customers to build scalable brand advocacy:• social media
propagation• brand
ambassadorship/WOM• sampling• viewing parties• brand immersions• grassroots events• blogging• customer relationship
management (CRM)
Top brands use online community for three distinct purposes...
Case Study: Mercedes-Benz
Two communities that bring together a select group of owners and potential owners to help shape the future products, technologies, marketing, and dealership experiences of Mercedes-Benz.
In the two years they have been in use, their communities have fundamentally transformed the way they interact and understand their customers.
Creating a brand movement through customer intimacy...
Case Study: Mountain DewCustomer collaboration and co-creationChallenge: Create a forum for product and marketing innovation using a co-creation strategy in conjunction with the DEWmocracy campaign.
Passenger Solution:Mountain Dew selected 4,000 of its most passionate members from their DEWmocracy campaign and invited them into a Passenger community called “DEWLabs”.
DEWLabs community members were asked to give input on new soft drink flavors, colors and marketing concepts.
Members responded to polls in the ACTIVITIES feature, submitted user generated content including video and graphic art to ALBUMS and participated in live SESSIONS with Mountain Dew Product Development executives to drive innovation.
Results:Feedback from DEWlabs community members created a new beverage, influencing everything from the new recipe to the beverage name and marketing collateral.
Connect with Us
Website: www.thinkpassenger.comFacebook: Search: Passenger Inc.Twitter: @ThinkPassenger