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Social
Customer
Service
             ROI


www.socialgogo.com   BDI – April 19th, 2012
Social Customer Care




                       TRUTH #1
                           Influence Has Changed
                       Consumer Influence Has Changed
Social Customer Care
                       Traditional Approach


                                      ORGANIZATION




                                  CUSTOMER INFLUENCE
Social Customer Care
                       Web 2.0


                                     ORGANIZATION




                                 CUSTOMER INFLUENCE
Social Customer Care
                       Today’s Social Customer



                                       ORGANIZATION




                                   CUSTOMER INFLUENCE
Social Customer Care




                       TRUTH #2 Has Changed
                          Influence
                       The Rules Have Changed
New Paradigm
Social Media Sphere


                                            Sales, Service, Tech Support



                                                     CRM
                                                Opportunities
                                              Multiple Channels




                                                               CUSTOMER/U
                                                                  SER
                                                               EXPERIENCE



                      Tweets   Posts   Reviews


                       ZMOT=WOM
                  PROMISE, PERFORMANCE,
                       PERCEPTION
Social Customer Care


                       TRUTH #3
                           Influence Has Changed
                       Listening is Essential
Social Customer Care
                                        Customer Experience
                                              Drives Social Media

                        Awareness                      Engagement




                                                      Measure
                          Listen




                       Endorse                            Trial
                         +/-                              Usage


                                    Resolve
Social Customer Care
                                                 Social Customer Care
                                                  Community Model                                       Social Care Team

                                                                                                               VP Social Business

                                                                                                                  PR Director
                       VOC-Sentiment Analytics




                                                                                                                Sales Manager

                                                                                                                Brand Manager

                                                                                            Ticket/Comm        Product Manager
                                                                                           Communications
                                                                                                               Community Mgr.




                                                                                           Dashboards
                                                   Questions                                                        Blogger

                                                                                                                     PR#1
                                                          CSR#3
                                                                                                                     PR#2
                                                            FAQ
                                                         Knowledge                                                Digital Mgr
                                                            Base

                                                                                                                     CSR#1
                                                                     Tag, Bag, Own
                                                                                     CRM




                                                                       and Assign
                                                                        Ticket#                                     CSR#3
Social Customer Care
                       It’s NOT about the technology
Social Customer Care
                       It’s about handling issues, BEFORE they call
Social Customer Care
                       It’s about handling issues, BEFORE they call




                                                      Where is my
                                                      equipment?
Social Customer Care
                                            It’s about handling issues, BEFORE they call



                       • Team listens across all social media
                       channels: forums, Facebook, Twitter, blogs

                       • Responds to questions, issues

                       • Pulls in appropriate Verizon teams as
                       needed
It’s about the best
Social Customer Care


                       customer experience
Social Customer Care




                       TRUTH #4
                       Measurable Goals Are Necessary
Social Customer Care
                                                                           Measurable Goals
                       INCREASING REVENUE EARNED:

                        Frequency – increasing the number of purchase transactions

                        Acquisition- increase the number of net new customers

                        Yield – increasing value of individual purchases w/o sacrificing frequency

                        Acceleration – shortening the time it takes to acquire a customer


                       REDUCING COSTS:

                        Customer Acquisition – shifting cost of sales to lower cost channels without sacrificing the
                         customer experience

                        R&D – expediting R&D time and surfacing new product and feature needs

                        Institutional Learning and Insights – removing organizational friction and creating synergies
                         between otherwise disparate groups

                        Customer Service and Support – shifting cost to serve to lower cost channels

                        Call Deflection (Direct/Indirect)
Social Customer Care
                                                                                  Engagement Metric Tracking


                                                             Illustrative Engagement Output Metrics

                                  FCR% of Incidents Raised                                      Percentage Channel Deflection
                                                                                                                                       5.90%

                                                                                                                             4.60%

                                                                        75.75%
                                                                                                                     3.40%
                                70.20%      71.14%           70.05%
                       66.42%                                                                               2.20%
                                                                                                 1.50%
                                                                                        1.10%
                                                       62.85%



                         Sept    Oct       Nov       Dec        Jan     Feb              Sept     Oct        Nov      Dec     Jan       Feb




                                       Number of User Posts                                              Customer Satisfaction
                                                                                                                                 74%      76%
                                                                          13242                                      70%
                                                                                                             67%
                                                                                                64%
                                                                                       60%
                                                                11234

                                                      9098
                                            8632
                                  7865

                         5673




                         Sept    Oct       Nov       Dec        Jan     Feb           Sept      Oct          Nov      Dec        Jan       Feb
Social Customer Care                                                       Social Net Promoter Scoring – Measuring
                                                                                                  Social Sentiment

                                  Strategic Parameters – Illustrative                                    Social Net Promoter Score – Illustrative
                                                                                                  +100                      +100                      +100

                                         Response Time                                            +80                       +80                        +80
                                                                Unit 1        Unit 2     Unit 3
                                           Max                                                    +60                       +60                        +60        +38.2

                                                                                                  +40         +9.8          +40                        +40

                                                                                                  +20                       +20                        +20

                       Sources                                    Level of Engagement              0                          0                         0

                                                                                                  -20                        -20                       -20
                                              Min                                                 -40                        -40                       -40

                                                                                                  -60                        -60                       -60

                                                                                                  -80                        -80            -59        -80

                                                                                                  -100                      -100                       -100

                            Followers                     Channels of Response
                                                                                                         Unit 1                    Unit 2                     Unit 3
                                                                    Competitor 1                                Super
                                                                      (3.45%)                                 Promoters

                                                            Competitor 2
                                                              (10.34%)
                                                                                                                                                       Super
                                                                                                                                                     Detractors
                                 Customer Churn
                                                                                                                                Social
                             Preference – Illustrative                                                                       Customer
                                                            Competitor 3
                                                                                                                          Categorization
                                                              (20.69%)         Others                                      - Illustrative
                                                                              (65.52%)            Promoters




                                                                                                                                        Detractors
Social Customer Care                                                                                                   Sample Outcome – Measuring
                                                                                                                           Implementation Success
                         Social Media Utilization Matrix – Illustrative
                                                                                                                Social Media Implementation Output – Illustrative



                                                                                                                                                                 Unit 1




                                                                                         Number of Followers
                                                                                                                                                                 Unit 2
                         Social Media Integrated Channel Strategy –                                                      Unit 1                                                   Unit 3
                                         Illustrative
                                                                                                                                     Unit 2


                                                                                                                                                              Unit 3




                                                                                                                                          Social Media Strategy Score




                       Benefits accrued through Social Media
                       Strategy Implementation – Illustrative                      Productivity                                                          Benefits of ~X Mn USD
                                                                                      Gains
                                                        Innovation                                                                Community Building
                                                                                                                                                                                       40%
                                                          Gains                                                                             Benefits
                                                                                   22%
                                                                                                                                  Reduction in Cost of
                                                                     33%                                                                                                        30%
                                                                                                                     Social                 Servicing
                                                                                                               6%    Media
                                                                                                                    Benefits         Benefits through
                                                                                                                                      Saves/Win back                      20%


                                                                               39%                                                   Benefits through
                                                                                                                                       Referral Sales         10%


                                                                           Other Gains
Social Customer Care




                       TRUTH #5
                       Plan, Execute, Assess, Modify
Social Customer Care
                                                 Engagement Process




                       Requirements   Planning    Implement   Ongoing Reviews
Social Customer Care

                                               Social & Customer Service


                       Leverage social media tools and data
                       Look for existing business processes where
                       social media is a fit
                       Create cross-functional teams
                       Align to metrics based on business goals
                       Give social guidelines and training for all
Questions?
Social Customer Care
Social Customer Care




                          Company Empowerment
                       We work with companies to empower their work
                       forces, with education and best practices for social
                       communications & engagement

                          Program Empowerment
                       We are social customer experience professionals, with
                       creative agency capabilities to generate customer
                       engagement and service performance

                          ADVISORY SERVICES
                       A subsidiary of ITESA Consulting, Social Gogo
                       provides social media expertise to market,
                       resource, train and develop delivery solutions

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Keith Fiveson, SocialGogo Presentation - BDI 4/19/12 The Social Customer Service Leadership Forum

  • 1. Social Customer Service ROI www.socialgogo.com BDI – April 19th, 2012
  • 2. Social Customer Care TRUTH #1 Influence Has Changed Consumer Influence Has Changed
  • 3. Social Customer Care Traditional Approach ORGANIZATION CUSTOMER INFLUENCE
  • 4. Social Customer Care Web 2.0 ORGANIZATION CUSTOMER INFLUENCE
  • 5. Social Customer Care Today’s Social Customer ORGANIZATION CUSTOMER INFLUENCE
  • 6. Social Customer Care TRUTH #2 Has Changed Influence The Rules Have Changed
  • 7. New Paradigm Social Media Sphere Sales, Service, Tech Support CRM Opportunities Multiple Channels CUSTOMER/U SER EXPERIENCE Tweets Posts Reviews ZMOT=WOM PROMISE, PERFORMANCE, PERCEPTION
  • 8. Social Customer Care TRUTH #3 Influence Has Changed Listening is Essential
  • 9. Social Customer Care Customer Experience Drives Social Media Awareness Engagement Measure Listen Endorse Trial +/- Usage Resolve
  • 10. Social Customer Care Social Customer Care Community Model Social Care Team VP Social Business PR Director VOC-Sentiment Analytics Sales Manager Brand Manager Ticket/Comm Product Manager Communications Community Mgr. Dashboards Questions Blogger PR#1 CSR#3 PR#2 FAQ Knowledge Digital Mgr Base CSR#1 Tag, Bag, Own CRM and Assign Ticket# CSR#3
  • 11. Social Customer Care It’s NOT about the technology
  • 12. Social Customer Care It’s about handling issues, BEFORE they call
  • 13. Social Customer Care It’s about handling issues, BEFORE they call Where is my equipment?
  • 14. Social Customer Care It’s about handling issues, BEFORE they call • Team listens across all social media channels: forums, Facebook, Twitter, blogs • Responds to questions, issues • Pulls in appropriate Verizon teams as needed
  • 15. It’s about the best Social Customer Care customer experience
  • 16. Social Customer Care TRUTH #4 Measurable Goals Are Necessary
  • 17. Social Customer Care Measurable Goals INCREASING REVENUE EARNED:  Frequency – increasing the number of purchase transactions  Acquisition- increase the number of net new customers  Yield – increasing value of individual purchases w/o sacrificing frequency  Acceleration – shortening the time it takes to acquire a customer REDUCING COSTS:  Customer Acquisition – shifting cost of sales to lower cost channels without sacrificing the customer experience  R&D – expediting R&D time and surfacing new product and feature needs  Institutional Learning and Insights – removing organizational friction and creating synergies between otherwise disparate groups  Customer Service and Support – shifting cost to serve to lower cost channels  Call Deflection (Direct/Indirect)
  • 18. Social Customer Care Engagement Metric Tracking Illustrative Engagement Output Metrics FCR% of Incidents Raised Percentage Channel Deflection 5.90% 4.60% 75.75% 3.40% 70.20% 71.14% 70.05% 66.42% 2.20% 1.50% 1.10% 62.85% Sept Oct Nov Dec Jan Feb Sept Oct Nov Dec Jan Feb Number of User Posts Customer Satisfaction 74% 76% 13242 70% 67% 64% 60% 11234 9098 8632 7865 5673 Sept Oct Nov Dec Jan Feb Sept Oct Nov Dec Jan Feb
  • 19. Social Customer Care Social Net Promoter Scoring – Measuring Social Sentiment Strategic Parameters – Illustrative Social Net Promoter Score – Illustrative +100 +100 +100 Response Time +80 +80 +80 Unit 1 Unit 2 Unit 3 Max +60 +60 +60 +38.2 +40 +9.8 +40 +40 +20 +20 +20 Sources Level of Engagement 0 0 0 -20 -20 -20 Min -40 -40 -40 -60 -60 -60 -80 -80 -59 -80 -100 -100 -100 Followers Channels of Response Unit 1 Unit 2 Unit 3 Competitor 1 Super (3.45%) Promoters Competitor 2 (10.34%) Super Detractors Customer Churn Social Preference – Illustrative Customer Competitor 3 Categorization (20.69%) Others - Illustrative (65.52%) Promoters Detractors
  • 20. Social Customer Care Sample Outcome – Measuring Implementation Success Social Media Utilization Matrix – Illustrative Social Media Implementation Output – Illustrative Unit 1 Number of Followers Unit 2 Social Media Integrated Channel Strategy – Unit 1 Unit 3 Illustrative Unit 2 Unit 3 Social Media Strategy Score Benefits accrued through Social Media Strategy Implementation – Illustrative Productivity Benefits of ~X Mn USD Gains Innovation Community Building 40% Gains Benefits 22% Reduction in Cost of 33% 30% Social Servicing 6% Media Benefits Benefits through Saves/Win back 20% 39% Benefits through Referral Sales 10% Other Gains
  • 21. Social Customer Care TRUTH #5 Plan, Execute, Assess, Modify
  • 22. Social Customer Care Engagement Process Requirements Planning Implement Ongoing Reviews
  • 23. Social Customer Care Social & Customer Service Leverage social media tools and data Look for existing business processes where social media is a fit Create cross-functional teams Align to metrics based on business goals Give social guidelines and training for all
  • 25. Social Customer Care Company Empowerment We work with companies to empower their work forces, with education and best practices for social communications & engagement Program Empowerment We are social customer experience professionals, with creative agency capabilities to generate customer engagement and service performance ADVISORY SERVICES A subsidiary of ITESA Consulting, Social Gogo provides social media expertise to market, resource, train and develop delivery solutions