http://ow.ly/hsc9k, Thanks to social platforms, we all know that organic, customer-generated praise is the holy grail of marketing — but even the most trafficked mentions have short shelf lives and aren’t discoverable by search engines. So how do you capitalize on the conversations that are going on about your brand? How do you engage your customers and prospects and measure ROI? During this opening keynote session, Azita Martin, VP of Marketing for Get Satisfaction will discuss how to:
Extend the shelf life of social conversations
Operationalize word-of-mouth marketing
Place customer conversations and praise in relevant places on your website…
…All in a way that’s discoverable by search engines, customers, and prospects to drive engagement and conversions.
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Drive More Revenue from Your Social Strategy in 2013
1. Driving More Revenue
from Your Social Strategy
Twitter:#AMAVES
Azita Martin
VP Marketing
@AzitaMartin
2. First Generation of Social
Consumers sharing and interacting
Companies figuring out transparency
Service folks tweeting
Marketers building audiences on Facebook
Agencies creating campaigns
Companies “broadcasting”
#AMAVES @AzitaMartin 2
3. So What are the Returns?
Facebook
Apps
Facebook
Ads
Gamification
Have Companies/Brands turned Social
into another Ad Channel?
1Gartner, “Gartner Says Worldwide Social Media Revenue Forecast to Reach $16.9 Billion in 2012”, 7/25/2012, www.gartner.com/it/page.jsp?id=2092217
#AMAVES @AzitaMartin 3
5. Customers Have Different Expectations
Websites, not social Consumers show a Social Media is
networks, are the primary strong preference for the door into
place consumers go “Branded Customer Brand’s Customer
to make purchase decisions Communities” Community
81 % 50 % 58 %
of consumers use of participants show a
company website of consumers have joined
preference for relevant an internet community
to research products content vetted by other based on a friend’s
consumers Facebook post
#AMAVES @AzitaMartin 5
6. What’s the Second Generation of Social?
Build Authentic Engagement with
Customers and Prospects
Throughout the Customer
Life-Cycle
#AMAVES @AzitaMartin 6
7. Managing Your Brand
Potential
Discover Customers
Advocate Evaluate
Loyalty The Promotions
Programs
Brand
Bond
Buy
Existing
Customers
Experience
#AMAVES @AzitaMartin 7
8. Conversations Accelerate the Lifecycle
Potential
Discover Customers
Advocate Evaluate
Loyalty The Promotions
Programs
Brand
Bond
Buy
Existing
Customers
Experience
#AMAVES @AzitaMartin 8
9. Social Media Management Tools Can Help
But, they don’t help you: Potential
• Build the customer relationship Customers
Discover
• Facilitate conversation across the lifecycle
• Collect and re-use valuable social content.
Advocate Evaluate
Loyalty The Promotions
Programs
Brand
Bond
Buy
Existing
Customers
Experience
#AMAVES @AzitaMartin 9
10. Customer Community Builds Engagement
Potential
Discover Customers
Advocate Evaluate
Loyalty The Promotions
Programs
Brand
Bond
Buy
Existing
Customers
Experience
#AMAVES @AzitaMartin 10
11. Social Content has a Short Shelf-Life
Comments per Quarter-Hour
70
60
50
40
30
20
Customer Communities
10
0
0.25 1.25 2.25 3.25 4.25
Hours Since Post
Deliver engagement and revenue
Cumulative Comments
cultivating persistent, discoverable & relevant
140
130
conversations 120
110
100
90
80
70
0.25 1.25 2.25 3.25 4.25
#AMAVES @AzitaMartin 11
12. Making Fleeting Social Interactions Persistent
Time period: 2 hours Time period: 7 hours
Activity
Time period: 11+ months
#AMAVES @AzitaMartin 12
13. Community Makes Social Content Discoverable
of the most persistent conversations by leveraging organic search
Optimized URL Structure
Social Sharing
Community Activity
#AMAVES @AzitaMartin 13
14. Relevant Content Drives Conversion
by prioritizing and surfacing contextually-appropriate community topics
#AMAVES @AzitaMartin 14
15. How Communities Work
Organic Search
Company Website
Social Networks
& Product
Consumer-facing
experiences
Customer Communities Internal
Social Media processes
Management CRM /
Marketing
Community
Moderation
Your Employees
#AMAVES @AzitaMartin 15
16. Drive Revenue With Insight Into Your Community
Monetize community data
• Pinpoint product interest by curating topic types
• Gauge community sentiment to activate brand advocates
• Identify most active users and champions leverage their
conversations as rich marketing content
• Use search analytics to get insight into what customers
and prospects are looking for
#AMAVES @AzitaMartin
17. An eCommerce case study
the
The Situation Outcomes
solution
▸ High levels of embedded
conversations
cart abandonment 8% drop
in cart abandonment
▸ Low search-driven
site traffic volume
5% gain
in search-driven site traffic
▸ Desire to harness
▸ Product-specific
word of mouth to WOM content
drive conversions
▸ Community 30% drop
drives in one-to-one interactions
▸ Customers couldn’t discussions
ask product-specific
questions during ▸ Widgets
throughout
purchase flow purchase flow
63% gain
in first call resolution rate
#AMAVES @AzitaMartin 17
18. A marketing case study
the
The Situation solution Outcomes
Social post permanence
▸ Employees lacked
More Employee
a social media
Interactions
presence
with customers
▸ Desire to easily
facilitate customer Discoverable discussions
conversations Social Praise
leveraged in
marketing content
▸ Needed a
mechanism to
Embedded advocate content
operationalize
customer Customer
endorsements Advocates
can self-identify
#AMAVES @AzitaMartin 18
19. Polling Questions
• What type of companies you sell & market to?
B2B – Business to Business
B2C – Business to Consumer
• Select your most effective social channel
Facebook
Twitter
Linked-in
Youtube
Other
#AMAVES @AzitaMartin
20. Polling Questions
• Do you currently have a Forum or Customer Community
Forum
Customer Community
None
#AMAVES @AzitaMartin
22. The Second Generation of Social is Here
Contact us!
Call (877) 339-3997
or visit us online
www.getsatisfaction.com
Notas do Editor
Thanks Anthony and thanks everyone for joining us. Our webcast today as Anthony mentioned is about second generation of Social and helping you understand how to drive more revenue from your social strategy.
Before we talk about the second generation of social, let’s define what the first generation of social was all about.We all know the impact that social media has had on businesses and it’s important to understand that social was really driven by the consumers as they first connected with each other on social networks to share content with friends and family..But social media gave consumers the amazing power to talk about brands and their products and that is when companies decided it was time to be part of the social conversation.In the first generation of social, companies started to build their FB fan page, got a twitter handle and started to build fans and followers……
And then Companies started to apply digital advertising to social media with contests, FB Ads and promoted tweets.The market research firm Gartner estimates companies will spend more than $17 billion on social activities in 2012.and of that $8.8 B is what brands will spent on social advertising.
A recent consumer research by the Incyte Group, surveyed over 2000 social savvy consumers and revealed a Gap between how consumers want to engage with companies on social networks and how companies are using social
The research revealed that:- 81% of consumers surveyed, said they use company websiteto research product- 50% would be interested in joining a brand’s customer community to tallk to other consumers who are already using those productsAnd 58% have joined a community based on a friend’s post on FBThis shows a high level of interest in company websites that are made more social by adding customer community
In the past companies have had an inside-out approach to marketing by having full control of their brand and messaging using Advertsement, collateral, digitals ads, and loyalty programs and taking care of customer service issues was only the support organizations’ responsibility.But Social media has completely turned that upside down.
Social media has enabled consumers to connect to each other and talk about anything, including your company’s brand, products and services. What consumers care about is that companies engage with them throughout the interaction life cycle, about the issues that matter to them at that particular time. Consumers are being exceedingly turned off by companies who are constantly advertising to them, without insight into what they really want.
The first wave of social gave rise to companies like Radian 6 and Hootsuite to help companies listen to these social media conversations and social marketing companies like Buddy Media, Wildfire, helped companies Advertise on FB and develop contests and engagement games.But reality is that these tactics were yet again another way to just broadcast and sell to consumers. They did not help companies:Build the customer relationshipFacilitate conversation across the lifecycleCollect and re-use valuable social content.
Second generation of social is all about building transparency and authentic engagementA branded customer community like Get Sat, helps you do that by providing a venue that connects prospects and customers to each other to talk about your companies products and services.A branded customer community connects your prospects to your customers and if you build true engagement with your customers, it means that once they buy your products they can easily get answers from other customers or employees of your company, when they have questions about how to set-up your product, get resolution when they have a customer service issue and build a strong relationship with your company to ultimately become brand advocates.So let’s see how a customer community can turn customer conversations into relevant word of mouth marketing content that drives revenue for your company.
Here you see an example of a Pampers FB page and content that has been proposed by Pampers. Majority….Customer communities deliver engagement and revenue by cultivating social conversations and making them pesistent, discoverable and relevant.
A community is a destination for long-lasting content and relationships. With get Satisfaction customer community you can bring social conversations from Twitter and FB into your community andAnd make those conversations ever green by increasing their shelf life from hrs to months and yearsAnd These topics in the Get Satisfcation community generate more activity over time and become available to other customers who may have the same ideas or questions. The conversations become part of your social knowledge base and become valuable to other customers that have similar questions.ClickThese conversation once brought into the community can also be used for word-of-mouth marketing content by connecting your prospects to your customers or placing them on your website or ecommerce site.
SecondlyCommunities are highly indexed by search engines, so customers can find information by simply searching on Google and Bing.In fact me have numerous examples of customers who’s community have a higher SEO ranking than their website, because of the relevant content about their products.Se here for example… You see a question being asked “How can my baby model for Pampers” and the Pampers customer community ranks no 1 in the SEO.
A key differentiation of the GS Community is that you can bring relevant customer generated conversations about specific products and services and place them strategically on your websiteFor example you can place selected topics like “Praise” or “Questions” about a specific product, right next to that product on your website, so prospects who have questions can ask that questions right from your ecommerce site and get answers from other customers who are already using your product. This improves shopping cart conversion by giving prospects the answer they need to make a purchase decision without leaving your website.
So let me summarize how a customer community like Get Satisfaction can help you leverage customer generated content as word of mouth marketing content.1. It enables you to bring social content from social networks into the community to increase their shelf life and make them available to other customers and prospects2, Communities are highly discoverable by search engines, so content can be found through organic search and increases your website SEOIt enables you to bring relevant customer generated content about specific products and services and place them strategically on your website4. It can brought into your internal systems and processes, like your ticketing systen to ensure that they integrate with your external facing experiences and loop into your employees routines.
So now you understand how you can take customer conversations and leverage them as rich marketing content. Another important aspects is gaining the insight into your customers and what motivates them. Using Get Satisfactions robust analytics you can…And this information can help you identify what products your customers and prospects are mostly talking about and based on topic types, identify prospects that are evaluating your products and route those leads to your sales people.
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So now you understand how you can take customer conversations and leverage them as rich marketing content. Another important aspects is gaining the insight into your customers and what motivates them. Using Get Satisfactions robust analytics you can…And this information can help you identify what products your customers and prospects are mostly talking about and based on topic types, identify prospects that are evaluating your products and route those leads to your sales people.
So now you understand how you can take customer conversations and leverage them as rich marketing content. Another important aspects is gaining the insight into your customers and what motivates them. Using Get Satisfactions robust analytics you can…And this information can help you identify what products your customers and prospects are mostly talking about and based on topic types, identify prospects that are evaluating your products and route those leads to your sales people.