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The Conversation Manager by Steven Van Belleghem #DCM
What’sgoingon?
? Has the consumerchanged?
? Notthatmuch…
Word of mouth B.G.
? Whatdidchangea lot?
? Media!
Word of mouth B.G.
WorLd of mouth A.G.
ConversationRevolution
One week info from the NYT > a lifetime of info in the 18th Century
Consequence of ‘WorLd of Mouth’? What’s happening with the consumer?
We believetoday’sconsumers ... are post-modernnomads Consumers switch between online and offline, blendwork and private life,  and are part of a globalsocial web. That’swhythey are more difficult to grasp.
90%
We believe today’s consumers ... are empowered They have the means to make or break brands on a scale never seen before.
The Internet went down!
Stock value – 20%!
684.000.000users CorrecterthanBritannica
We are ALLadvertisers
We believe today’s consumers ... are revealing more emotions Decisions have always been strongly guided by emotions, now tapping into them has become easier.
40%
People love brands!
Consumer is part-time marketer
Me-marketing is hot
People have become very professional marketeers They use the personalized/targeted communication strategiesbetter than any marketeer in the world
45% Createadvertising
66% Feedback onnewproducts
Part time marketeer Post modern nomad Internet is the biggestfacilitator in humanconversations Emotional Empowered
Part time marketeer Post modern nomad People are the oil of the conversationrevolution Emotional Empowered
Part time marketeer Post modern nomad Emotional Empowered
Hype or trend? TREND!Metcalfe’slaw…
We knowthings are changing,we don’tknowhow to act uponit
55%
A story aboutthe end of advertising?
Theadvertiseris dead!
A revolutionimpliesCHANGE
“People are very open fornewthings, as long as they are exactlylike the oldones” Charles Kettering
“Everyonethinksaboutchanging the world,butnoonethinks of changinghimself” Leo Tolstoy
ItIS happening NOW
It’s time to jump and to become…
It’s time to jump and to become… The Conversation Manager
Before we start…
Let’skill a few myths Monster
6% 6% 88% 1 It’s not all online these days! O    PS 94% offline conversations
2 All sectors, all people! 1 2 3
3 They’renot as negative as youthink! 6% - 18% =  82% - 94% = 
Philosophy Conversation Advertising Brand
Philosophy Conversation Activation Brand
STEP 1: Brand leverage
Brands are emotions!
We look waytoorationalto brands!
Top 5 brands of the world according to interbrand
Top 5 brands of the world according to interbrand Top 5 brands of the world according to facebook 6 0,6 2,6
Top 5 brands of the world according to interbrand Top 5 brands of the world according to facebook 6 0,6 2,6
Global R&D project in 15 countries Partnership with Houston University N=5.900 Brand leverage
Purchase brand Brand leverage Promote brand Brand isclose to ideal
Brand Conversations Purchase brand Brand leverage R²=.50 Brand Identification Promote brand Brand isclose to ideal Brand Perception
Product quality decreases --- Customer experiences decreases ---  Prices go up
20% increase in loyal customers during the last three years!
‘WE’ make(s) the difference!
Positive/Neutral Negative
Brand Conversations Purchase brand Brand leverage R²=.50 Brand Identification Promote brand Brand isclose to ideal Brand Perception
>
1 Brand identificationis KEYforthe Conversation Manager
Step2: AdvertisingbecomesACTIVATION
Advertising is…
Advertising is… …the beginning of a conversation
Philosophy Conversation Activation Brand
Activationforthe sake of activation
Remember the story?
Happy orsad? Marketing managerwillbehappy Conversation Managerwillbesad
Activation asks for strategic thinking
BUYING  ACTIVATION CONVER- SATIONS PARTICIPANTS BUZZ ACTIVATION
BUYING  ACTIVATION CONVER- SATIONS PARTICIPANTS BUZZ ACTIVATION Fans & Experts buildyour brand
7  350.000.000
BUYING  ACTIVATION CONVER- SATIONS PARTICIPANTS BUZZ ACTIVATION The right motivationis key
Chevy had anidea…
Some of the results:
Giving Back!
Lucky Time
Branded utility: offer VALUE
BUYING  ACTIVATION CONVER- SATIONS PARTICIPANTS BUZZ ACTIVATION Talksaboutproduct or brand
	3.700.000 watched a BBC documentary 	127.000 followersget a daily update 	20% increase in tourismforQueensland 	1.9M investment, 330M in airtime
2 Broadcasting the ad is justthe beginning, not the end!
Step 3: Manage yourconversations
Philosophy Conversation Activation Brand
Observe Facilitate Join
As a manager As a brand As a peer Observe Facilitate Join
As a manager Observe
As a brand Facilitate
100 = 100 Are youcoolenough to drive a Ford Fiesta?
	4.300.000 YouTube views 	500.000 Flickr views 	3.000.000 Twitterimpressions 	50.000 leadsfor the Fiesta (97% has no Ford)
As a peer Join
Onnewyearseve,  Made a mistake… among 50% of itscustomers about…money!
The followingtakes place between 8pm and 12am
31/12	       9u22 First reaction
127
01/01	       3am Hell breaks loose…
129
01/01	       10am Rabobank reacts
17/04/2010 131 “Ik heb het even nagekeken en ook bij mij is dit het geval. Ik veronderstel dat er dus door een fout in de afrekening geen rekening werd gehouden met de vrijstellingsdrempel. Wij onderzoeken het en zetten het probleem zo snel mogelijk recht.”
01/01	       12am Positivereactions
133
 Thank you! Listen Personal Open Askquestions Engagement Honest 6 Rules of participation
Do I alwaysneed to answer? No, youdon’t!
Whennot? Emotionalreactions Whenpeople are talking Pickyourfights Whenyouneed to think
3 Joining the conversation isthe essence of marketing
That’s the philosophy of… The Conversation Manager
A story of CHANGE
strategy tactics
strategy tactics
strategy tactics
STRATEGY nottactical
In the short run: Accept failure
Long term goal:Be ambitious
CULTURE
The conversationcompany
Are youready?
The BIG Conversation Manager test!
The BIG Conversation Manager test! You are a member of at least 1 socialnetwork (e.g. Facebook, Twitter, LinkedIn) 1
The BIG Conversation Manager test! Youusesocialnetworks at leastonce a week 2
The BIG Conversation Manager test! Youoften check online buzzaboutyour brand 3
www.blogpulse.com Google Alert Brand tags www.technorati.com Tweetscan Google Blog search Google/Trends GetSatisfaction Search twitter
?
The BIG Conversation Manager test! You have automatedsystems to monitor buzzaboutyour brand (e.g. Google Alert) 4
The BIG Conversation Manager test! Youworkwithanagencythatbelieves in the conversationphilosophy 5
The BIG Conversation Manager test! You have a flexible marketing budget available 6
20%
The BIG Conversation Manager test! Youworkwith a new set of KPIs,conversationrelatedKPIs. 7
The BIG Conversation Manager test! You have (manage) a fanbase? 8
The BIG Conversation Manager test! Youparticipate in online conversations 9
14% 7% 11% Observe Facilitate Join
The BIG Conversation Manager test! You spread the word about the importance of Conversation Management 10
You can soon become a Conversation Manager
Start yourchange
48

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The Conversation Manager: A Philosophy for Empowered, Emotional Consumers

Notas do Editor

  1. “A lot of times, people don’t know what they want until you show it to them…” (Steve Jobs)
  2. Recent literature on WOM has largely emphasized these so called influencers. However, others have challenged this idea poning that “word-of-mouth from celebrities, mavens, connectors, alphas, hubs, transmitters, trendsetters, [...] is always good. But it’s no more powerful or influential than word-of-mouth from that guy [...] sitting next to you on the train” (Balter & Butman, 2005). It is therefore our belief that the first step towards a better measurement of WOMO is not looking at “who is doing something”, but at “what everybody is doing.” Therefore, action rather than persons and their characteristics are situated at the heart of our model.When evaluating a viral campaign it is important to map all different communication that consumers have started. The model distinguishes different levels of online actions in relation to the level of engagement they imply (see figure 1) (Womma, 2005).A first type of actions are receiver actions. These happen whenever people receive and absorb the content of a message about brands, products and services. Online surfers can come in contact with information about brands via two types of channels. They can use selective channels like e-mail where they receive information that is personally addressed. However, they can also find information on public sharing platforms like YouTube, online forums,... A second type of actions are sender actions. This encompasses all actions where people share the information about brands with other people. While forwarding as such is indicative for extended reach of an ad (by definition a key performance indicator) it can crystallize in different actions. “Selective forward” actions happen whenever consumers forward the communication to a focussed and/or limited set of people. In turn there are three formats of this kind of forwarding. In “plain forwarding” no comments or much thinking or acting is added from the part of the sender. “Commented forwarding ” means that the forwarder adds negative, positive, reinforcing or other comments. Finally, forwarders can specifically “target” certain people in their peer group (e.g. only send it to brand lovers or acquaintances they know are in a buying process). A second type of sender action are “sharing forward” actions. These consumers like or dislike the ad so much they post it on a open sharing platform such that anyone else interested can be exposed to the ad. The sender is not interested in reaching close acquaintances but reach as many people as possibleA final type of actions are creator actions. These actions basically imply people contributing content to the add (e.g. filling out there or others’ details to personalize the ad), participate in a contest or play an interactive game or even create a new add.In this research, we want to measure to what extent consumers undertake the different types and subtypes of actions: We believe that some WoMo actions will occur more frequently than others. Because receiver actions are passive actions that do not ask a lot of effort from the consumer, we expect this type of action will be the biggest group. Similarly we hypothesize that although sender actions demand more consumer involvement than receiver actions, they will still occur more frequently than creator actions that require a truly active and passionate consumer. Next, we expect that there will be a difference between selective (e-mail) and sharing online communication channels (online forums, blogs, websites specialized in online movies). We hypothesize that consumers will still have a preference for e-mail communication above other types of communication because they are more familiar with the channel (www.E-scape-reports.com)
  3. Leading Chinese e-tailerDangDang.com gives back toits customers—and encourages their vigilant attention tothe site—by randomly assigning one hour a day as“Lucky Time” in which all purchases made within thathour are free of charge. (Tip of the hat to PSFK.com.)