sxsw - so you have the tux but can you do the dance?

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So, you bought the tux…

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Presentation I gave at SXSW 2012 - Social Media

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Page 1: SXSW -  So you have the tux but can you do the dance?

So, you bought

the tux…

Page 3: SXSW -  So you have the tux but can you do the dance?

And, it looks different too, depending on who you are.

(20th Century FOX)

Page 4: SXSW -  So you have the tux but can you do the dance?

Social media has evolved beyond three guys with pony tails,

Into a vital communication channel that is powerful and pervasive

Page 5: SXSW -  So you have the tux but can you do the dance?

And, now everyone is doing it

Customer Care PR IT HR R&D Marketing

Social Media touches all of these

(20th Century FOX)

Page 6: SXSW -  So you have the tux but can you do the dance?

But, it is complicated, non-linear, and difficult to manage

Page 7: SXSW -  So you have the tux but can you do the dance?

Why, it matters:Can you say,

billionsand

billions?

(New Line Cinema)

Page 8: SXSW -  So you have the tux but can you do the dance?

Of course, we need a framework…

• People• Process• Technology• Measurement

Page 9: SXSW -  So you have the tux but can you do the dance?

People: So, where are you?

(Edelman 2011, edelmandigital.com)

Page 10: SXSW -  So you have the tux but can you do the dance?
Page 11: SXSW -  So you have the tux but can you do the dance?

Process: So, where are you?

CRAWL

Policy, Process, Procedure

WALK

Property Management

RUN

Ecosystem Engagement

FLY

Social Innovation & Integration

Page 12: SXSW -  So you have the tux but can you do the dance?

Technology: So, where are you?

(Warner Bros. Pictures)

Page 13: SXSW -  So you have the tux but can you do the dance?

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Page 14: SXSW -  So you have the tux but can you do the dance?

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Now the challenge is to measure the impact of each dimension

Metrics come in all shapes and sizes

Measurement: So, where are you?

Page 15: SXSW -  So you have the tux but can you do the dance?

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Twitter Impression Reach

Video / Slide Share Views

RT!

Retweet Rates Social Clicks

Socially-Referred Site

Traffic

$Socially-Referred Revenue

Total Reach

Socially-Referred Leads

Engagement Rate

Chatter Levels

Talking About This

Social Page Views

Page 16: SXSW -  So you have the tux but can you do the dance?

HOLY GRAIL

Page 17: SXSW -  So you have the tux but can you do the dance?

Social ID Personal ID(e.g., Customer File)

Page 18: SXSW -  So you have the tux but can you do the dance?

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Social ID – Customer ID

Mary searches for “Small Business Help”

Earned Media

Paid Media

Owned Content

User Generated Content (UGC)

Follows on Twitter

E-mail Opt In

Joins Small Business Community

Friend asks about Small Business on Facebook, Mary shares BofA content

Shared Content

Mary’s post triggers live chat

Mary chats with BofA Small Business Consultant

Mary enrolls in Online Business

Suite!

Page 19: SXSW -  So you have the tux but can you do the dance?
Page 20: SXSW -  So you have the tux but can you do the dance?

CustomerBehavior

$ Impactof

Interaction

Interaction(experience)

ROE

CustomerBehavior

WOM

Recomand

Behavior

SROI

ROE + ROI

Return on Experience Return on Influence

Page 21: SXSW -  So you have the tux but can you do the dance?

It takes a village

(20th Century FOX)

Page 22: SXSW -  So you have the tux but can you do the dance?

Q & AMark Grindeland, Chief Marketing Officer

TeleTech Holdings

[email protected]

@mark_grindeland