The Power of Social Media: An Opportunity to Build Better Businesses

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The Power of Social Media: An Opportunity to Build Better Businesses Allison Dew, Executive Director, Social Media, Analytics, Community & Customer Research Endeavor Entrepreneur Summit, San Francisco, June 2011

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Allison Dew, Executive Director, Social Media, Analytics, Community & Customer ResearchEndeavor Entrepreneur Summit, San Francisco, June 2011

Transcript of The Power of Social Media: An Opportunity to Build Better Businesses

Page 1: The Power of Social Media: An Opportunity to Build Better Businesses

The Power of Social Media: An Opportunity to Build Better Businesses

Allison Dew, Executive Director, Social Media, Analytics, Community & Customer Research

Endeavor Entrepreneur Summit, San Francisco, June 2011

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Global Marketing2 Source: Shanghai Web designers via Neville Hobson

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Global Marketing

Global Conversations

Listen. Engage. Act

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Global Marketing4

A shift in who speaks for your brand

66%OF BRAND TOUCHPOINTS ARE NOW GENERATED BY CUSTOMERS

34%OF BLOGGERS POST OPINIONS ABOUT PRODUCTS

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Global Marketing5 Graphic thanks to @Gapingvoid

Love your product/service

Need help using it

Helping someone else

with your product

Conversations are

conversationsnot

Business segments

Where to find youShare an idea with you

Share with others how & why you have great products/services

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Global Marketing

Surprising Sometimes!

Where your fans and are and the sharing is both

B2B & B2C

Special Thanks to BlaM4C and Marshalus

& more than 4000 customers before Dell was on Flickr

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Global Marketing7

Five years of experiments and experience

August 2006Blog outreach expands beyond tech Support

August 2006Blog outreach expands beyond tech support

December 2006Ratings and reviews on Dell.com

July 2006Direct2Dell launchedToday Direct2Dell exists in English, Spanish, Norwegian, Japanese and Chinese.

February 2006Michael Dell AsksWhy don’t we reach out and help bloggers with tech support issues?

January 2007StudioDell launchedDell’s video and podcast site, with helpful tips and tricks. Eventually expanding this into the YouTube channel making sharing easier.

February 2007IdeaStorm LaunchedA voting based site allowing customers and others to submit ideas for Dell.

June 2007Dell joins Twitter

Dell launchesEmployeeStormInternal Blogs Launched for Employees.

October 2007Michael Dell quote in Business WeekJeff Jarvis story quote, “These conversations are going to occur whether you like it or not. Do you want to be part of that or not? My argument is you absolutely do. You can learn from them. You can improve your reaction time. And you can be a better company by listening and being involved in that conversation.”

November 2007DellShares launchedThe first investor relations blog by a public company.

January 2008Dell aligns organization

for success

February 2008Twitter expanded

March 2008Accepted Solutions launched on Community Dell France begins Online Community Outreach

May 2008Dell Outlet achieves $0.5M in sales via TwitterCommunity team active on Twitter

Small Business blog launched

April 2008Inside IT launchedBlog focused on business customers, and Cloud Computing.

June 2008Channel blog launched

January 2009Dell Organizes in to4 customer focused business units

Spring 2009Some Members of Community and Conversations deployed within each of the new Dell Business units

June 2009$2M+ Salesvia Twitter

2009Dell TechCenter

June 2009Global Twitter revenues of $6.5 M

December 2009Huffington Post Blog

China Micro-Blogging

2006 2007 2008 2009 2010 2011

Confidential

October 20101Altimeter recognizes Dell with

“Open Leadership Award for Innovation and Execution on

Listening

June 2010

Dell launches B2B pagesFacebook

April 2011 Dell named #1 most social brands in ranking of 100 top

Dell Social Media and Community University launched/5,000 teammembers trained byend of year(Aug.)

March 2010 Launch @DellCares; today 24/7 11 languages

Dec 2010 launched

Social Media Listening

Command Center

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Global Marketing

Recognizing & Aligning a Powerful Ecosystem

Confidential8

Dell.com

External Communities Our Communities

Team Members

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Global Marketing9 Confidential 04/10/2023

Listening to Be A Better Business, Across the Business

From 4,000 posts/day to 26,000 posts/day

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Global Marketing

Customers in need are critical opportunities

Social Media gives them voice & you opportunities

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Global Marketing

User generated Marketing

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New opportunities

Further our Direct connections with customers

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Link Online:Behavioral Targeting and Deal Posting

Quality Interaction: No tricks or gimmicks

Relationship Marketing:

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Global Marketing

Listening Impacts Virtually Every Business Function

Product Development

• Feedback Loop• Early Warning• New Product

Ideation

Marketing

• Demand Forecast• Lead Generation• Message Reach

Online Presence

• Ratings & Reviews• Communities• Customer Stories

Sales

• Collaboration• Thought

Leadership• Blogs

Customer Service

• Listening• Support Widgets• Outreach

Communication

• Rich Media• Brand Reputation• Influence• Reputation

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Global Marketing

Think of it as a tool, not a channel

Listen, Engage, Act. It’s at the heart of all strategies…But How to Scale?

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Yes Virginia, there is ROI Business Value: It is measurable in many forms, there is not 1 number …

Healthy at each point

Constantly listening, learning, engaging & acting

Building a better business

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Global MarketingConfidential16

Simple Takeaways

• Starts with listening…. …deploy across the business

• Empower/train your employees: They are your best spokespeople and can address specifics within their area of responsibility

• It is a journey… … you need to keep innovating

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Thank You