social crm: how businesses can use twitter to increase sales

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Social CRM How businesses can use Twitter to © 2010 Social CRM World http://www.scrmworld.com @glfceo 1-650-469-3243 How businesses can use Twitter to increase sales. Workshop Bay Area Executives Meetup http://www.meetup.com/BayAreaExecutives/ Tatyana Kanzaveli @glfceo

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This workshop will go into details on Twitter. We will discuss how to build credibility; establish yourself as SME; best sales,marketing and listening approaches. We'll look at some of the tools that can help with building successful communities on Twitter. And how to integrate Twitter into your traditional sales/marketing processes.http://www.meetup.com/BayAreaExecutives/calendar/12343644/

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Page 1: Social CRM: How businesses can use Twitter to increase sales

Social CRMHow businesses can use Twitter to

© 2010 Social CRM World http://www.scrmworld.com @glfceo 1-650-469-3243

How businesses can use Twitter to increase sales.

WorkshopBay Area Executives Meetup

http://www.meetup.com/BayAreaExecutives/

Tatyana Kanzaveli@glfceo

Page 2: Social CRM: How businesses can use Twitter to increase sales

Please tell me:

• Company you are with?• Are you using Twitter?• Level of experience on Twitter?• What are you hoping to learn here?

© 2010 Social CRM World http://scrmworld.com @glfceo

Page 3: Social CRM: How businesses can use Twitter to increase sales

What is Twitter

Twitter is a free social messaging utility for staying connected in real time.

Twitter is considered a micro-blogging platform where you only have 140 characters for your message.

© 2010 Social CRM World http://scrmworld.com @glfceo

message.

An estimated 5-10 thousand new users are signing up daily on Twitter. Traffic to the site has grown by 600% over the last 12 months with 20% of Twitter users joining in the last 60 days.

Page 4: Social CRM: How businesses can use Twitter to increase sales

© 2010 Social CRM World http://scrmworld.com @glfceo

Page 5: Social CRM: How businesses can use Twitter to increase sales

Terminology

• To tweet - post a message• Follow – subscribe• Reply – respond• Direct message DM – private

© 2010 Social CRM World http://scrmworld.com @glfceo

• Re-tweet (RT) - repost someone else’s msg with comments or not

• Hashtag – mark a topic/subject

Page 6: Social CRM: How businesses can use Twitter to increase sales

Twitter Demographics

The Pew Internet & American Life Project released a study, Twitter and Status Updating, recently. The study provided the percentage of online adults that have said they have used Twitter before:

© 2010 Social CRM World http://scrmworld.com @glfceo

19% - 18 to 24 years old20% - 25 to 34 years old10% - 35 to 44 years old5% - 45 to 54 years old4% - 55 to 64 years old

2% - 65 and older

As of February, 2009

Page 7: Social CRM: How businesses can use Twitter to increase sales

CoffeeGroundz Cafe (@coffeegroundz)

Is a local coffee house in Houston, Texas. They are proclaim to have taken the first to-go order through Twitter. A regular customer messaged them asking if he could place an order and pick it up at the drive-

Profile:

© 2010 Social CRM World http://scrmworld.com @glfceo

he could place an order and pick it up at the drive-thru. From there CoffeGroundz started to take orders via direct message from their cleintele. Clients are now even ordering via Twitter directly from a table in the store without having to walk up to the counter and order a coffee.

Business Value:

Doubling clientele and building Community.

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@coffeegroundz

© 2010 Social CRM World http://scrmworld.com @glfceo

Page 9: Social CRM: How businesses can use Twitter to increase sales

Zoomdweebie's Tea Bar (@52teas)

Local tea company in Wichita, Kansas. They set up a Twitter account and offered a new tea blend each week. Customers were also alerted to daily specials.

Profile:

© 2010 Social CRM World http://scrmworld.com @glfceo

specials.

Business Value:

The owner stated that they typically sold one or two packages every two or three weeks, but Twitter has allowed them to ship 40 to 50 packages. They are even getting orders from as far away as Scotland and Australia.

Page 10: Social CRM: How businesses can use Twitter to increase sales

@52teas

© 2010 Social CRM World http://scrmworld.com @glfceo

Page 11: Social CRM: How businesses can use Twitter to increase sales

Namecheap (@namecheap)

70 person domain registrar out of Los Angeles, started their Twitter account in December. They initially ran a trivia contest once an hour and the first @ replies won an

Profile:

© 2010 Social CRM World http://scrmworld.com @glfceo

trivia contest once an hour and the first @ replies won an one-year domain registration.

Business Value:

Namecheap's traffic increased by 10% in December and domain registrations increased by 20%.

Page 12: Social CRM: How businesses can use Twitter to increase sales

@NameCheap

© 2010 Social CRM World http://scrmworld.com @glfceo

Page 13: Social CRM: How businesses can use Twitter to increase sales

Dell Made $3 Million From Twitter!

Dell sells refurbished systems through Twitter at @DellOutlet, which the computer maker says has more than 600,000 followers.

Since launching @DellOutlet in 2007, the company

© 2010 Social CRM World http://scrmworld.com @glfceo

Since launching @DellOutlet in 2007, the company has taken in more than $2 million in sales directly attributed to Twitter and another $1 million from people who start at Twitter and then move on to buy a new computer somewhere else on the Dell Web site.

Page 14: Social CRM: How businesses can use Twitter to increase sales

How Dell does it?

In making sales through @DellOutlet, Dell sends tweets to subscribers, telling bargain hunters the latest available refurbished systems. The company also messages coupons and clearance events.

The strategy has taken @DellOutlet to the top 50 most

© 2010 Social CRM World http://scrmworld.com @glfceo

The strategy has taken @DellOutlet to the top 50 most followed Twitter users, according to Dell. Such standings are tracked on a third-party Twitter monitoring service called TwitterCounter.

Other top 50 Twitter users includes brands like @Zappos, @Woot, @JetBlue, and @WholeFoods.

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@Delloutlet

© 2010 Social CRM World http://scrmworld.com @glfceo

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How to play this game?

• Be creative, fun, passionate• Build relationships• Listen• Respond

© 2010 Social CRM World http://scrmworld.com @glfceo

• Reward loyalty, referrals• Integrate with other sales/marketing activities

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What matters?

• Twitter profile• Links• Not too many hashtags• Some hashtags

© 2010 Social CRM World http://scrmworld.com @glfceo

• Retweets

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Twitter profile

• Bio• Links• Logo• Wall

© 2010 Social CRM World http://scrmworld.com @glfceo

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How?

• Contests• Help me create a product• Deals• Offers

© 2010 Social CRM World http://scrmworld.com @glfceo

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Example

© 2010 Social CRM World http://scrmworld.com @glfceo

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Example

© 2010 Social CRM World http://scrmworld.com @glfceo

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Tools• Google alerts• Wefollow – directory• Lists• Listerious• Twitterfeed• Twellow

© 2010 Social CRM World http://scrmworld.com @glfceo

• Twellow• Blip-fm• twtQPon• Twitpic• Hootsuite – manage tweets• Tweetbeep• [oneforty]• Ping.fm[seesmic]

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http://www.oneforty.com

© 2010 Social CRM World http://scrmworld.com @glfceo

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Cross Links

• Put twitter link on your web site• Email signature• All other communications• If company has more than one person

tweeting – create a page with their twitter ids

© 2010 Social CRM World http://scrmworld.com @glfceo

tweeting – create a page with their twitter ids• Create twitter list

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Who to follow?

• Follow your target customers• Follow your brand in conversations

© 2010 Social CRM World http://scrmworld.com @glfceo

• Follow your brand in conversations• Follow your competitors in conversations• Follow industry analysts• Follow influencers: bloggers, reporters, etc..

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Content

• Useful• Responsive• Interesting• Fun

© 2010 Social CRM World http://scrmworld.com @glfceo

• Personal

80% - non direct business related content

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Analyze• The bottom line: sales!• Number of followers [in your target markets]• Number of click-throughs [for posted links]• Traffic to your web site• Traffic to your blog

© 2010 Social CRM World http://scrmworld.com @glfceo

• Traffic to your blog• Document downloads• Newsletter subscriptions• Retweets• Replies• Lists

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Key points

• Build trust• Establish yourself as a subject matter expert• Communicate: respond, answer, support, etc..• Contribute useful content

© 2010 Social CRM World http://scrmworld.com @glfceo

• Build community• Measure • Adjust

It’s a commitment!