Susan Blouin Social Media Presentation Impact Sales and Business Aug 5 2011

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    August 5, 2011

    Susan Blouin

    Social MediaImpact on Sales &the Business

    CONFIDENTIAL: DO NOT DUPLICATE FO DISCUSSION PURPOSES ONLY

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    Highlights

    Social Media sales & business impact

    Key findings of social media

    CEOs and Managers Key Decisions

    Changing dynamics of the work culture An Organizations integration of social media

    Key Business Drivers

    Focus on Sales

    Open-dialogue -- Getting the organizationready for social change & transformation

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    Key Findings

    Facebook, LinkedIn and Twitter the emergence ofprofessional networks

    Mobility Emergence

    a frequent professional networking access point

    Traditional decision-making processes are being disrupted by social

    media

    Changes are taking place in organizations internal and external use

    of social media

    Connecting and collaborating are key drivers for professionals' use

    of social media

    Professionals with more networksare more likely to gatheropinions through their online network, read blogs and query thetwitter channel as early steps in the decision process.1

    1. Society for new

    Communications,

    Social media 2010, Research 4.

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    Business FundamentalsChanging Shape

    Social Media Peer Groups (SMPG) influencing theshape in new business and our economic environments Shift on traditional marketing practices Communications / Public Relations Selling Beliefs

    PAST --Traditionally have guided how companiesinteract, support and collaborate with their customers

    PRESENT -- Overall shift of core business fundamentals Business strategy, HR, Operations and Sales /Marketing

    STATS: 79% of businesses use twitter, Facebook and YouTube tocommunicate with customers, Twitter most used platform,

    54% - Facebook Fan PageStatistics PR Firm Berson-Marsteller Study.

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    The Changing Dynamics of theWork Culture

    New era of business-to-person (B2P) customer relationship systems

    Driving need for organizations to harness Web 2.0 technologies and SMPGplatforms to enable B2P communications to increase sales

    Professional networks, email, and SMS the tools that enable multi-channel access for individuals (employees, customers,

    partners, and suppliers).

    A Global, virtual and collaborative work environment Social Media Peer Groups (SMPG)

    changing the way we do business as professionals (customers, partners,prospects, and employees).

    Social Media used as a platform for discussion of ideas, experiences, andknowledge-exchange.

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    Impact on Business Decisionsby CEOs and Managers

    Common Questions ---

    Will social media change the business and practiceof enterprise-level operations?

    Does social media offer effective tools to accessinformation and engage in professionalcollaboration?

    Social Media platforms increasingly playing a

    role in decisionmakers changing the dynamicsof customer relationship management,marketing and communication

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    Impact CEOs / Managers

    Product development leaders / managersworking with clients to share roadmapsand plan collaborations

    Early input from decision makers insight, plans and objectives

    Elevate communication and discussions process of product and content co-creation

    Greater opportunities to educate andinform customers

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    Impact on Sales

    Social Mediaaka /a new form ofcustomer-centric relationship building

    Building a network to deepen

    customer intimacy

    A sales platform for driving sales resultson prospectsand leads

    C-level Executivesinformation sharing could resultin strategic growth opportunities

    Greater sales opportunities exist to engage withcustomers in social networks

    Sales / Marketing - Dedicated pages for SM promotions

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    Use of Social Media Supportingthe Bottom Line

    Social Media ROI Number of Posts = increase

    of site traffic = lifts in sales

    Use of visual analysis to spotoverall trends

    Continuous ongoingmanagement of SM sites

    Sarah Worsham,

    Sazbean Consulting CEO & Web Strategist

    July 27,2011.

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    Organization & Social Media

    Social media requires the shift of sales,marketing and development philosophy

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    Social Media, Sales and Company GrowthPlans

    A look at 2012Initiatives 6 themes - keyopportunities

    Increase sales focus and growth

    Develop an attractive growth plan to foster sales

    effectiveness

    Increase overall market-share of Company sales

    Member Fees, Training/Development, ConferencesUsing social media to increase sales, training and conference sales

    22% 72%

    2011 2012 20142013

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    Open-dialogue Getting the organization readyfor social change