la revolución del social business
DESCRIPTION
Conferencia impartida durante el Congreso CRM + Social Media + Centros de Contato México 2011 organizado por Mundo Contact a cargo de Larry Augustin, CEO de Sugar CRMTRANSCRIPT
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The Social Business Revolution
Larry Augustin, CEO December 2011
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Outline
The World Has Changed
The New Rules of Customer Interaction So What Now?
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Change
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Change: Customers Believe Customers
Not Companies!
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Change: Traditional Buying Model
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Change: New Buying Model
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Change: Social is Changing Business
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The New Rules
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Rule #1: You Are Not In Control
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Customers Control the Conversation
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Rule #2: Traditional Marketing is Declining
-35%
-74%
-67%
-19%
-10%
-14%
-5%
-8%
-5%
-11%
-5%
8%
9%
14%
45%
48%
57%
58%
58%
61%
64%
67%
-100% -80% -60% -40% -20% 0% 20% 40% 60% 80%
Growth of Marketing Spend Over Next 2-3 Years Decline Grow
Social Media
Digital and Online
Public Relations
Direct Marketing
Data Analysis
Marketing Collateral
Paid Search
Events
TV and Radio
Out-of-Home
Source: Booz & Company‟s B2B Marketing Survey 2010
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How People Connect with Companies
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Inbound Permission Customer-Driven
Outbound Interruption Vendor-Driven
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Rule #3: Customer Service IS Marketing
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The Ultimate Question
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Rule #4: Join the Conversation
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Interact Via Social Media
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“85% of respondents believe companies should not just present information via social media, but use it to interact and become more engaged with them.” - Cone Inc Report: “Social Media in Business”
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Rule #5: Integrate People with Technology
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Sydney restaurant replaces menus with iPads http://www.redmondpie.com/sydney-restaurant-uses-ipad-as-a-menu-card/
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Evolution
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What Now?
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Start With the Customer
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Put the customer at the center
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IBM CRM Study – From Social Media to Social CRM – What Customers Want
22
Source: IBM Institute for Business Value Analysis, CRM 2011; sample size Consumer N=1056; Business Learn N=333, General Info N=336, Submit Opinion N=334, Exclusive Info N=333, Reviews/Rankings N=333, Feel Connected N=331, Customer Service N=331, Submit Ideas N=332, Community N=329, Event N=332, Purchase N=334, Discounts N=331
Consumers’ Ranking: The ways they interact with companies via social sites
(61%) Discount
(22%) Be Part of a Community
(55%) Purchase
(53%) Reviews and Product Rankings
(53%) General Information
(52%) Exclusive Information
(51%) Learn about New Products
(49%) Submit Opinion on Current Products/Services
(37%) Customer Service
(34%) Event Participation
(33%) Feel Connected
(30%) Submit Ideas for New Products/Services
Feel Connected (64%)
Be Part of a Community (61%)
Discount (60%)
Learn about New Products (73%)
General Information (71%)
Submit Opinion on Current Products/Services (69%)
Exclusive Information (68%)
Reviews and Product Rankings (67%)
Customer Service (63%)
Submit Ideas for New Products/Services (63%)
Event Participation (61%)
Purchase (60%)
Businesses’ Ranking: Why they think consumers interact them via social sites
What do Customers Want? Perception Gap #1
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IBM CRM Study – From Social Media to Social CRM – What Customers Want
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(22%) Be Part of a Community
(33%) Feel Connected
Feel Connected (64%)
Be Part of a Community (61%)
Consumers’ Ranking: The reasons they interact with companies via social sites
Businesses’ Ranking: Why they think consumers follow them via social sites
Discount (60%)
Purchase (60%)
(55%) Purchase
(61%) Discount
(53%) Reviews and Product Rankings
(53%) General Information
(52%) Exclusive Information
(51%) Learn about New Products
(49%) Submit Opinion on Current Products/Services
(37%) Customer Service
(34%) Event Participation
(30%) Submit Ideas for New Products/Services
Learn about New Products (73%)
General Information (71%)
Submit Opinion on Current Products/Services (69%)
Exclusive Information (68%)
Reviews and Product Rankings (67%)
Customer Service (63%)
Submit Ideas for New Products/Services (63%)
Event Participation (61%)
Source: IBM Institute for Business Value Analysis, CRM 2011; sample size Consumer N=1056; Business: Learn N=333, General Info N=336, Submit Opinion N=334, Exclusive Info N=333, Reviews/Rankings N=333, Feel Connected N=331, Customer Service N=331, Submit Ideas N=332, Community N=329, Event N=332, Purchase N=334, Discounts N=331
What do Customers Want? Perception Gap #2
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Agree or Disagree ? I feel more loyal toward brands/companies when I interact with them via social media or social networking
Consumers are divided on how much influence their social
media interactions with a company will have on their loyalty
to that business.
Social media interaction alone does not create loyalty.
Source: IBM Institute for Business Value Analysis, CRM 2010, Sample size N= 981, Numbers do not total to 100%, because of rounding
AgreeDisagreeNeutral
38% 28% 33%
24
What do Customers Want? Perception Gap #3
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16%
64%
20%AgreeNeutralDisagree
For nearly two thirds of consumers surveyed, passion for a brand or business is a prerequisite for customer engagement
Agree or Disagree? I need to be passionate about a brand / company to interact with them using social media or social networking
For companies taking a “build it and they will come,” approach to social media, these findings are a wake up call that much more needs to be done if they want to attract more than devoted brand advocates.
Source: IBM Institute for Business Value Analysis, CRM 2010, Sample size N= 987
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What do Customers Want? Perception Gap #4
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IBM CRM Study – From Social Media to Social CRM – What Customers Want
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Findings Highlights
Social Media Surge – Consumers using social media cross all ages and geographies, but very few can be counted on to engage regularly
It’s Personal – Most, say, “no thanks” to seeking out businesses via social media
Monetizing Social Media – Perception Gap: Despite what businesses think, most consumers follow them to get tangible value, not to feel connected
The Advocacy Paradox – Perception Gap: Businesses believe engagement breeds advocacy; consumers aren„t so sure
Give Your Customers What they Want
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Bring Order to Customer Management
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©2010 SugarCRM Inc. All rights reserved.
CRM in the age of Social is based on the simple premise that you are able to Interact with your customers based on their needs, not your rules
YOU NEED SOCIAL
Get Social
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Summary
The World Has Changed Customers believe other customers, not companies Social networks enable customers
The New Rules of Customer Interaction Rule #1 – You are not in control Rule #2 – Traditional Marketing Tactics Are Declining Rule #3 – Customer Service is the New Marketing Rule #4 – Join the Conversation Rule #5 – Integrate People with Technology
What Now? Bring order to customer management Adopt Social, adopt the new rules of customer interaction Give your customers what they want
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The Social Business Revolution
Larry Augustin, CEO December 2011