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© 2014 IBM Corporation From Social Media to Social Business - Marketing in the 'Social Age' Stefan Pfeiffer | Marketing Lead Social Business Europe January 2014

From Social Media to Social Business - Marketing in the 'Social Age

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Presentation on how Marketing needs to change in the 'Social Age' from Mass Marketing to 1:1 Marketing taking in particular Social Channels and behaviors into consideration. A bit of a focus on Healthcare due to the fact, that this was presented for one of our Healthcare customers.

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Page 1: From Social Media to Social Business - Marketing in the 'Social Age

© 2014 IBM Corporation

From Social Media to Social Business - Marketing in the 'Social Age'

Stefan Pfeiffer | Marketing Lead Social Business EuropeJanuary 2014

Page 2: From Social Media to Social Business - Marketing in the 'Social Age

© 2014 IBM Corporation

Social Business: It is not about Likes, Followers and Tweets

Take the technologies and cultural behavior of the Web 2.0 and Social Media and use

them in Business Context to create value for the Enterprise.

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© 2014 IBM Corporation3

36%

10%

54%

54%

influenced toa large extent

“As customers gain more power over the business via social media, their expectations keep rising and their tolerance keeps decreasing.”

CIO, Retail, Turkey

Source: Question C4–How much influence do your customers have on your enterprise today?; n=2,909

CxOs aren’t just listening to customers; they are compelled to act and change course, in response to the direct influence of the customer

Large extent

Some extent

Limited extent

Customer clout: customer influence on the enterprise

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© 2014 IBM Corporation4

96%more

Source: Question B2–How strong is your collaboration with customers?; n=2,926 to 2,929

CxOs plan to collaborate much more extensively with customers

Close collaboration is a universal ambition: nine out of ten CxOs foresee doing so in the near future

46%

90%

46% Today

90%

3–5 Years

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© 2014 IBM Corporation5

31%

33%

36%

36%

have an integrateddigital-physical

strategy

As competitors cross industries, the intersection between the digital and physical becomes the leading edge of innovation

Integrated digital-physical strategy

Limited digital strategy

No digital strategy

Source: Question B4–What kind of digital strategy does your enterprise have?; n=2,869

Types of digital strategy

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© 2014 IBM Corporation6

Digital ambitions – CMOs

CMOs plan to put the components of a broad digital strategy in place throughout the organization

Source: Question CMO1–To what extent have you activated the following digital strategy components in your organization?; n=430 to 468 [CMO only]

16% 87%

11% 69%

13% 83%

20% 78%

13% 73%

Integration of cross-channel touchpoints

Digitally enabled supply chain

Analytics to capture customer insights

Social networks tofoster collaboration

Workforce aligned to opportunities

3–5 Years

Today

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© 2014 IBM Corporation7

The Time of (Marketing) SPAM is over ...

7

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© 2014 IBM Corporation8

The Death of Mass Marketing ....

We are used ... to send Direct Mail to send E-Mail to let prospects

being called by TeleAgents

and meanwhile to spread our Marketing Messages through Social Media

8

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© 2014 IBM Corporation

... in the Age of OptOut and Unsubscribe

Customers are bored by non personalized, non-valuable Marketing Messages and SPAM

Customers tend to opt out of mailing lists and newsletters because of no value

Data Privacy Regulations get more and more rigid - from Email to Calling

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The Social Media revolution is changing the way people interact and creates new relationships

Blogger

Twitter

Vimeo

Delicious

Pinterest

Flickr

Picassa

MySpace

RSS

Wordpress

Facebook

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© 2014 IBM Corporation

From Markets, Segments, Targeting to Marketing to Individuals

Segmentation and Targeting remain important, but personalized, value-driven Marketing to Individuals becomes more and more important

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© 2014 IBM Corporation13 @TechieDaveJ

'Web Analytics' - Tracking customer activity to learn what they want most

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© 2014 IBM Corporation14

'Social Analytics' - tracking customer activity to learn what they want most

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© 2014 IBM Corporation15

'Social Listening' – Get aware, what is happening in your segment'Social Analytics' – Identify the Influencers and the Places to go

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„According to the study, customers reported to being nearly 60 percent through the sales process before

engaging a sales rep, regardless of price point. More accurately, 57 percent of the sales process just

disappeared.“

Source: http://www.forbes.com/sites/gyro/2013/01/07/the-disappearing-sales-process/

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B2B Marketers Guide The Buyer's Journey

Source: http://blogs.forrester.com/lori_wizdo/12-10-04-buyer_behavior_helps_b2b_marketers_guide_the_buyers_journey#

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Wer heute nicht empfehlenswert ist, ist morgen nicht mehr kaufenswert – und übermorgen tot

via Brain statt Budget: Wie Mitarbeiter Mundpropaganda machen könnten | karrierebibel.de.

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Those not recommended today, will not be bought tomorrow – and will be dead the day after

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Because of recommendations … Influencer Marketing

“Influencers are a difficult group to pin down. They can manifest in any department, in any level of an organization. They take on a variety of forms: visionaries, trendsetters, leaders, muses — just to name a few. These forms then can choose from a multitude of approaches: acting as lubricants, connectors, rabble-rousers.”

Source: http://www.cmswire.com/cms/social-business/looking-for-influencers-in-your-company-look-to-content-before-metrics-023703.php?

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Because of recommendations … Influencer Relations

“Influencers are a difficult group to pin down. They can manifest in any department, in any level of an organization. They take on a variety of forms: visionaries, trendsetters, leaders, muses — just to name a few. These forms then can choose from a multitude of approaches: acting as lubricants, connectors, rabble-rousers.”

Source: http://www.cmswire.com/cms/social-business/looking-for-influencers-in-your-company-look-to-content-before-metrics-023703.php?

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The 'Blogosphere'

Identify the bloggers for your topics Build Relationships

Start your own Blog(s) Consider Group Blogs Reward People for blogging

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The trust and credibility of our Experts ensures:

• Effective delivery of brand messages

• Relevant and receptive audiences

• Compelling and credible calls-to-action • Likelihood of positive responses

Ultimately creating self-sustaining brand evangelism and driving brand preference.

Building Trust & Credibility

http://de.slideshare.net/digitalinfluencegroup/marketing-profs-b2b-forum-green-and-emerick-final

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Move 'Social Media' out of the Marketing Department

Stop 'Social' SPAM Provide 'Quality Content' Provide access to experts Provide 1:1 communication & special interest communities & discussions

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Move 'Social Media' beyond the Marketing Department

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© 2014 IBM Corporation27

In the 'Social Age':Social everywhere, Communities everywhere

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Private Social Networks in HealthcareExample: Doximity – LinkedIn - Social Network for Doctors

Doximity, a social network for doctors founded in 2011 that doubled in size over the last year and now has more than 250,000 members.

The free network reaches over 35 percent of all doctors in the United States, which CEO Jeff Tangney called a “significant tipping point.”

“This essentially means Doximity will get doctors the answers they want faster, and more reliably, than a simple Google search

“Doctors can ask a critical mass of their peers any number of questions ranging from drug interactions to specialist advice, and it points to the demand and hunger for specialized, vertical social networks that meet an unmet need.”

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© 2014 IBM Corporation

IBM Customer: Digital Learning Platform OPENPediatrics

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© 2014 IBM Corporation

The Power of Communities: OPENPediatrics - Social Business Saving the Lives of Children Around the World

Every year, close to 7 million children under the age of 5 die from treatable illnesses like pneumonia, diarrhea and malaria due to a lack of information and inadequate medical training.

In partnership with IBM, Boston Children's Hospital recently launched OPENPediatrics, a social learning platform that equips medical personnel to more effectively engage, share knowledge, tap expertise and make better decisions when treating children in life threatening situations.

This first of its kind, cloud-based, social technology platform incorporates Global Business Services, IBM Interactive, IBM Collaboration Solutions, Business Analytics and a variety of IBM Software Group solutions.

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The Power of Communities: Self Service à la developerWorks

Increase productivity Drive innovation Build constituency

developerWorks contributes to over $100 million in support savings for IBM annually through its use of forums, groups, articles, and blogs

“developerWorks...is perhaps the largest and most effective customer community we've seen.”

Josh Bernoff, Senior VP, Forrester, co-author of the best selling book Groundswell

* https://www.ibm.com/developerworks/mydeveloperworks/blogs/scott/entry/forrester_s_josh_bernoff_on_empowering_business?lang=en** https://www.ibm.com/developerworks/mydeveloperworks/blogs/scott/entry/ami_partners_talks_social_media_marketing_awards?lang=en_us

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© 2012 IBM Corporation

The Power of Communities: Product DevelopmentThe Example Connections Next+++

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The next step: IBM Establishes New Watson Group to Accelerate Cognitive Computing

The is a major commitment by IBM to help capture the emerging cognitive market. IBM is investing more than $1 billion in the Watson Group, including $100 million to fuel an ecosystem of start-ups, tech firms and VCs that will build Watson powered apps.

Backed by the talents of 2,000 IBMers, the Watson Group will profoundly impact business and society by extending Watson's influence as a consumable, cloud-based solution. It will be headquartered in New York City's Silicon Alley tech hub and feature a for entrepreneurs and start-ups.

The Watson Group will help clients analyze, improve by learning, and discover answers to complex questions from massive amounts of disparate data. Three new will transform industrial R&D, visualize Big Data insights, and fuel analytics exploration.

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© 2014 IBM Corporation

How Watson can address healthcare challenges

Nearly 20 percent of patient diagnosis are estimated to be inaccurate or incomplete 45 percent of all physicians still rely on paper-based medical records 25 percent of deaths related to non-communicable diseases may have been prevented $500 billion spent worldwide every year on avoidable care related costs

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© 2014 IBM Corporation

How Watson can address healthcare challenges

Watson uses natural language capabilities, hypothesis generation, and evidence-based learning to support medical professionals as they make decisions.

Watson will then provide a list of potential diagnoses along with a score that indicates the level of confidence for each hypothesis.

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© 2014 IBM Corporation36

Who is King?

So who’s the king? The customer is the king. The customer has needs. You serve them with content.

via Content is Only King of a Fairytale | Social Media Today.

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© 2014 IBM Corporation37

Who is King?

So who’s the king? The customer is the king. The customer has needs. You serve them with content.

via Content is Only King of a Fairytale | Social Media Today.

Customer

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The Customer in the Centre ...... and provide value to him

Offline interactions

Web site activity

Web ads

Mass media data

Call center

Email

Social

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© 2014 IBM Corporation

Target

Engage

Realize

Optimize

Socialize

Create

Reach

Integrate

Applications Content Processes

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ReThink your Marketing!

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© 2014 IBM Corporation41

Stefan PfeifferMarketing Lead Social Business Europe

IBM Deutschland GmbH Wilhelm Fay Str. 30-3465936 Frankfurt

Tel [email protected]: DigitalNaivBlog: http://digitalnaiv.com

Vielen Dank! Thank you! Merci beaucoup!

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© 2014 IBM Corporation

Legal Disclaimer

© IBM Corporation 2013. All Rights Reserved.

The information contained in this publication is provided for informational purposes only. While efforts were made to verify the completeness and accuracy of the information contained in this publication, it is provided AS IS without warranty of any kind, express or implied. In addition, this information is based on IBM’s current product plans and strategy, which are subject to change by IBM without notice. IBM shall not be responsible for any damages arising out of the use of, or otherwise related to, this publication or any other materials. Nothing contained in this publication is intended to, nor shall have the effect of, creating any warranties or representations from IBM or its suppliers or licensors, or altering the terms and conditions of the applicable license agreement governing the use of IBM software.

References in this presentation to IBM products, programs, or services do not imply that they will be available in all countries in which IBM operates. Product release dates and/or capabilities referenced in this presentation may change at any time at IBM’s sole discretion based on market opportunities or other factors, and are not intended to be a commitment to future product or feature availability in any way. Nothing contained in these materials is intended to, nor shall have the effect of, stating or implying that any activities undertaken by you will result in any specific sales, revenue growth or other results.

All customer examples described are presented as illustrations of how those customers have used IBM products and the results they may have achieved. Actual environmental costs and performance characteristics may vary by customer.

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