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Digital Strategy Ark Group – Community Engagement via Interactive Media Power of network effect the breakup Introduc tion thank you 1. Building the case 2. Set up your process 3. Monitorin g servicin g 4. Building & managing trust

Wing Cheung

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Page 1: Wing Cheung

Digital StrategyArk Group – Community Engagement via Interactive Media

Power of network effect

the breakup

Introduction

thank you

1. Building the case

2. Set up your process

3. Monitoring

servicing

4. Building & managing

trust

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Social Media transparency & riskA brief on NAB’s approach

Wing CheungSenior Manager, Digital StrategyConsumer MarketingNational Australia Bank

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a little bit about our story

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Infusing social media & culture

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1. Building the case

How does social media benefit our organisation?

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Power of network effect

Power of network effect

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Power of network effect

Power of network effect

Defining our strategy to create

value

Defining our strategy to create

value

• Don’t be afraid• Roadmap• Connect the teams• Measure success

• Don’t be afraid• Roadmap• Connect the teams• Measure success

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TRUTH in social media

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2. Set up your processes

• Define process• Teams• Governance• Education

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2. Set up your processes

• Define process• Teams• Governance• Education

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2. Set up your processes

• Define process• Teams• Governance• Education

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2. Set up your processes

• Define process• Teams• Governance• Education

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3. Monitoring

Significant increase in positive sentiment through both campaign & servicing

Significant increase in positive sentiment through both campaign & servicing

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3. Monitoring

negative

ignore respond take offline

Crisis management plan

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4. Building & managing trust

• What are we saying?• Identify influencers vs trolls• Seeding & responding

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servicing

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Oh…

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the breakup

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< Seeding >

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Results• Highest trended topic in twitter

• Reach over 1.5m users

• Over 250,000 You Tube views

• 66% increase in banking conversations on social media

• 78% of social media banking posts were about NAB

• Over 500 customers switched

• Now the #1 followed bank in Australia

• Average of over 20 per week

• Sentiment went from deep negative to positive

• and…

breakup

servicing

Page 24: Wing Cheung

thank you

Wing CheungSenior Manager, Digital StrategyConsumer MarketingNational Australia Bank

[email protected]

facebook.com/nabfacebook.com/nabstudentstwitter.com/nabyoutube.com/nab

nab.com.au