Deepening Customer Insights & Relationships · Deepening Customer Insights & Relationships with...

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Deepening Customer Insights & Relationships with social media and social CRM @bsdalton Barry Dalton Senior Vice President Multi Channel Customer Engagement Telerx Marketing, Inc

Transcript of Deepening Customer Insights & Relationships · Deepening Customer Insights & Relationships with...

Page 1: Deepening Customer Insights & Relationships · Deepening Customer Insights & Relationships with social media and social CRM @bsdalton Barry Dalton Senior Vice President Multi Channel

Deepening Customer Insights & Relationships

with social media and social CRM

@bsdalton

Barry Dalton

Senior Vice President

Multi Channel Customer Engagement

Telerx Marketing, Inc

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Flash Poll

Primary business is B2C?

Primary business is B2B?

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What we hope to accomplish

Social Media & Social CRM: Facts & Figures

Shaping a social business framework

A case study for future application

Discussion & Idea Exchange

Collaboration

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Multi-Channel

Customer

Engagement Retail

IVR

Chat

Email

Phone

Website

Print/TV/

Radio

IM/

SMS

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Flash Poll

Who is responsible for social customer engagement strategy?

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How do companies & brands continue to create

customer value in this ever-changing environment?

Topic Discussion

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Is social media the answer?

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Source: Avaya Customer Preference Report 2011

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Customer engagement by the numbers

65% 25%

61%

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The Return-on-Investment Challenge

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Simple Math

ROI = Benefits - Costs

Costs * 100

# DC = Total Mention Audience * 5%1

Source: 1Forrester Research “ The ROI of Customer Service Communities,” Dr. Natalie Petouhoff, 2010

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Media is Media

• What’s the ROI of… – a phone call?

– Email?

– Chat?

– Print ad?

– TV spot?

• “Impressions are impressions” – Hal Thomas

• The real question: – what is the conversion rate from shopper to

customer?

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Shopper

eyeballs

Buyer Loyalist

Peer reviews

Friend recommendations

Competitive alternatives

User-generated content

influencers

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When to Post

To increase engagement rate

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How much to Post

To increase engagement rate

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Customer Effort

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What’s the business value of social CRM?

What’s the customer value of social CRM?

Topic Discussion

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What’s your methodology for measuring

financial returns of other media efforts?

Topic Discussion

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What are the elements of a social business framework?

Topic Discussion

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Start with mapping the considerations

IDC 2012

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Customer Engagement?

One Word…

MOBILE!

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By The Numbers

Source: Nielsen Mobile Data Q3 2011

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What’s the proper role of gamification in

the customer experience?

Topic Discussion

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Awareness Familiarity Consideration Purchase Loyalty

Source: Adapted from McKinsey Global Consulting – Customer Decision

Journey - 2009

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Source: Adapted from McKinsey Global Consulting – Customer Decision

Journey - 2009

mobile

social

web

email

@

store

print

call center

Awareness Familiarity Consideration Purchase Loyalty

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Data CRM Twitter Forums Ratings/Reviews Phone eMail Blogs Comments Activity Streams

Market Research

Digital Market

PR Customer Service

Product Development

Other Functional

Areas

Knowledge

Outside In Inside Out

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Case Study