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Loyalty and Social CRM


      Tristan Bishop, Director of Digital Strategy


Symantec Social CRM                                  1
20,500 employees               Founded in 1982


                 48 countries            $6.7 billion revenue in FY 2012


        Footprint on a billion systems       1500 global patents


         Every Fortune 500 company is        Fortune’s Most Admired
                  a customer                       Companies




Symantec Social CRM                                                        2
Overview

          1       Connecting Social Media to Growth

          2       Adopting Social CRM

          3       Closing the Social Loop




Symantec Social CRM                                   3
Connecting Social Media to Growth



Symantec Social CRM                     4
Social Adoption is Rising
• Social Network use
  increasing in every age
  group


• 60% of social network
  users follow brands


• 40% of the Fortune
  Global 100 use Twitter
  for customer service



Symantec Social CRM                               5
Social Media in 2013

   1. Social networking is now the
      most popular online activity
   2. 62% of adults worldwide now
      use social media
   3. 80% of US social network users
      prefer to connect with brands
      through Facebook
   4. 40% of Twitter users regularly
      search for products in Twitter
   5. Social commerce sales will total
      $9 billion in 2012

         Source: http://thesocialskinny.com/99-new-social-media-stats-for-2012/




Symantec Social CRM                                                               6
Loyalty Enables Growth
  Customer Loyalty correlates to Compound Annual Growth Rate
                              (CAGR)




Symantec Social CRM                                            7
Experience Enables Loyalty
  Consideration Creates Commitment




 • Calculated “Lifetime Customer Value“ at
   $12,500 per cyclist
 • Gave free parts and service to distressed
   “drop-ins” on family rides
 • Won 400 brand advocates in first year
 • Sixty dollar parts investment protected
   five million dollar value stream


Symantec Social CRM                            8
Awareness Enables Experience


• Drivers have mobile access
  to CRM and NPS data for
  EVERY repeat customer
• They know exactly who
  they are serving
• Awareness helps provide
  superior experience




Symantec Social CRM            9
Social Increases Awareness

• “Your customers ARE
  discussing your brand on
  social channels! “
• “The conversation IS
  happening, whether
  brands care to participate
  or not!”
                      Deb Eastman,
                         Satmetrix




Symantec Social CRM                  10
Adopting Social CRM



Symantec Social CRM       11
Customers Control the Conversation




                      What Should We Do?
Symantec Social CRM                        12
Adopted a formal Social CRM program
1. Integrates customer social activity with corporate knowledge
2. Fosters engagement with partners, prospects and customers
3. Generates opportunities for multiple business functions (sales,
   support, marketing, PR, engineering, legal)




Symantec Social CRM                                                  13
Actionable Internet Mentions™ (AIMs)

   1. An off-brand mention of a
      Symantec product that requires                            All Mentions
      analysis or engagement                                          AIMs
   2. Posted on a publicly visible
      social network, blog or forum
   3. Posted by someone who is not
      a Symantec employee
   4. Assigned to the Symantec                                  Noise = all internet
      employee best equipped to                               mentions that are not
                                                              relevant or actionable
      engage


        AIM ™ is a term created and trademarked by Symantec



Symantec Social CRM                                                                    14
Studied Incoming Social Media Posts
    1.    Case: Request for help
          resolving real-time issue
    2.    Query: Question that doesn’t
          require support resource
    3.    Rant: Insult that merits brand
          management consideration
    4.    Rave: Praise from Symantec
          brand advocate
    5.    Lead: Pronouncement of
          near-term purchase decision
    6.    RFE: Request to enhance a
          product with a new feature
    7.    Fraud: Communication from
          an unauthorized provider of
          Symantec products


Symantec Social CRM                        15
Created AIM Classification Process
                            Problem WITH
                                              Case
                               Product
                      Yes
                              Question
                                              Query
                            ABOUT Product


                              Suggests
                                               RFE
   Requests Help?           Improvements


                              Switching
                                              Lead
                               Vendors

                      No
                            Exposes Piracy    Fraud



                                              Happy    Rave
                              General
                              Mention
                                             Unhappy   Rant



Symantec Social CRM                                           16
Closing the Social Loop



Symantec Social CRM           17
Staffed a Global Triage Team




Symantec Social CRM            18
Prepared Social Responders
Endorsed by Senior Leaders     Trained by Corporate PR
• Approved by BU leaders       • Complete the training on
                                 Symantec Social Media
• Experienced (often senior)     University
  employees
• Many Directors and Sr.
  Managers




Symantec Social CRM                                         19
Began Triage Process



                                   Blogs               Social Media
                                                        Monitoring
                         Message boards                    Tool




           Symantec                                    Social Triage
                                                          Team
           Employee    Case

           Response    Query                             Review
                       Rant
                       Rave                Product 1

                       Lead                Product 2
                        RFE                Product 3
                       Fraud

                                                                       20
Symantec Social CRM                                                    20
Gradually Added Products
                          Design          Launch
    Backup Exec           July 2011       October 2011
    Endpoint Protection   July 2011       October 2011
    Net Backup            August 2011     October 2011
    Endpoint Mobility     October 2011    November 2011
    Enterprise Vault      November 2011   December 2011
    Website Security      January 2012    February 2012
    Encryption            February 2012   March 2012
    Norton Core           March 2012      May 2012
    Storage Management September 2012     October 2012
    Norton Zone           December 2012   January 2013
    Norton Emerging       January 2013    February 2013


Symantec Social CRM                                       21
Volume: AIMs™ by Class, FY Q4 2012
Consumer = 10,437 AIMs
                                             CPG AIM Volume

   Rave                                                                               4143

    Rant                                                      2572

    Case                                     1505

  Fraud                                    1342

   Lead                       563

 Query                271

     RFE         41

             0         500          1000   1500   2000   2500    3000   3500   4000     4500

Shared Engineering Services                                                                  22
CY13: EMEA SCRM
Next Steps
1. Train SES staff who can
   read in
   Spanish, Portuguese, Frenc
   h and German
2. Train Symantec escalation
   contacts who are fluent in
   these languages
3. Create global SCRM triage
   process for European
   languages



Shared Engineering Services     23
CY13: APJ SCRM
Next Steps
1. Train SES staff who can
   read in Chinese and
   Japanese
2. Train Symantec escalation
   contacts who are fluent in
   these languages
3. Create global SCRM triage
   process for Asian languages




Shared Engineering Services      24
Symantec Social CRM   25
Thank you!
    Tristan Bishop
    Twitter: @KnowledgeBishop




    Copyright © 2010 Symantec Corporation. All rights reserved. Symantec and the Symantec Logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in
    the U.S. and other countries. Other names may be trademarks of their respective owners.

    This document is provided for informational purposes only and is not intended as advertising. All warranties relating to the information in this document, either express or
    implied, are disclaimed to the maximum extent allowed by law. The information in this document is subject to change without notice.


Symantec Social CRM                                                                                                                                                                   26

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Nps 13 loyalty_and_social_crm_at_symantec

  • 1. Loyalty and Social CRM Tristan Bishop, Director of Digital Strategy Symantec Social CRM 1
  • 2. 20,500 employees Founded in 1982 48 countries $6.7 billion revenue in FY 2012 Footprint on a billion systems 1500 global patents Every Fortune 500 company is Fortune’s Most Admired a customer Companies Symantec Social CRM 2
  • 3. Overview 1 Connecting Social Media to Growth 2 Adopting Social CRM 3 Closing the Social Loop Symantec Social CRM 3
  • 4. Connecting Social Media to Growth Symantec Social CRM 4
  • 5. Social Adoption is Rising • Social Network use increasing in every age group • 60% of social network users follow brands • 40% of the Fortune Global 100 use Twitter for customer service Symantec Social CRM 5
  • 6. Social Media in 2013 1. Social networking is now the most popular online activity 2. 62% of adults worldwide now use social media 3. 80% of US social network users prefer to connect with brands through Facebook 4. 40% of Twitter users regularly search for products in Twitter 5. Social commerce sales will total $9 billion in 2012 Source: http://thesocialskinny.com/99-new-social-media-stats-for-2012/ Symantec Social CRM 6
  • 7. Loyalty Enables Growth Customer Loyalty correlates to Compound Annual Growth Rate (CAGR) Symantec Social CRM 7
  • 8. Experience Enables Loyalty Consideration Creates Commitment • Calculated “Lifetime Customer Value“ at $12,500 per cyclist • Gave free parts and service to distressed “drop-ins” on family rides • Won 400 brand advocates in first year • Sixty dollar parts investment protected five million dollar value stream Symantec Social CRM 8
  • 9. Awareness Enables Experience • Drivers have mobile access to CRM and NPS data for EVERY repeat customer • They know exactly who they are serving • Awareness helps provide superior experience Symantec Social CRM 9
  • 10. Social Increases Awareness • “Your customers ARE discussing your brand on social channels! “ • “The conversation IS happening, whether brands care to participate or not!” Deb Eastman, Satmetrix Symantec Social CRM 10
  • 12. Customers Control the Conversation What Should We Do? Symantec Social CRM 12
  • 13. Adopted a formal Social CRM program 1. Integrates customer social activity with corporate knowledge 2. Fosters engagement with partners, prospects and customers 3. Generates opportunities for multiple business functions (sales, support, marketing, PR, engineering, legal) Symantec Social CRM 13
  • 14. Actionable Internet Mentions™ (AIMs) 1. An off-brand mention of a Symantec product that requires All Mentions analysis or engagement AIMs 2. Posted on a publicly visible social network, blog or forum 3. Posted by someone who is not a Symantec employee 4. Assigned to the Symantec Noise = all internet employee best equipped to mentions that are not relevant or actionable engage AIM ™ is a term created and trademarked by Symantec Symantec Social CRM 14
  • 15. Studied Incoming Social Media Posts 1. Case: Request for help resolving real-time issue 2. Query: Question that doesn’t require support resource 3. Rant: Insult that merits brand management consideration 4. Rave: Praise from Symantec brand advocate 5. Lead: Pronouncement of near-term purchase decision 6. RFE: Request to enhance a product with a new feature 7. Fraud: Communication from an unauthorized provider of Symantec products Symantec Social CRM 15
  • 16. Created AIM Classification Process Problem WITH Case Product Yes Question Query ABOUT Product Suggests RFE Requests Help? Improvements Switching Lead Vendors No Exposes Piracy Fraud Happy Rave General Mention Unhappy Rant Symantec Social CRM 16
  • 17. Closing the Social Loop Symantec Social CRM 17
  • 18. Staffed a Global Triage Team Symantec Social CRM 18
  • 19. Prepared Social Responders Endorsed by Senior Leaders Trained by Corporate PR • Approved by BU leaders • Complete the training on Symantec Social Media • Experienced (often senior) University employees • Many Directors and Sr. Managers Symantec Social CRM 19
  • 20. Began Triage Process Blogs Social Media Monitoring Message boards Tool Symantec Social Triage Team Employee Case Response Query Review Rant Rave Product 1 Lead Product 2 RFE Product 3 Fraud 20 Symantec Social CRM 20
  • 21. Gradually Added Products Design Launch Backup Exec July 2011 October 2011 Endpoint Protection July 2011 October 2011 Net Backup August 2011 October 2011 Endpoint Mobility October 2011 November 2011 Enterprise Vault November 2011 December 2011 Website Security January 2012 February 2012 Encryption February 2012 March 2012 Norton Core March 2012 May 2012 Storage Management September 2012 October 2012 Norton Zone December 2012 January 2013 Norton Emerging January 2013 February 2013 Symantec Social CRM 21
  • 22. Volume: AIMs™ by Class, FY Q4 2012 Consumer = 10,437 AIMs CPG AIM Volume Rave 4143 Rant 2572 Case 1505 Fraud 1342 Lead 563 Query 271 RFE 41 0 500 1000 1500 2000 2500 3000 3500 4000 4500 Shared Engineering Services 22
  • 23. CY13: EMEA SCRM Next Steps 1. Train SES staff who can read in Spanish, Portuguese, Frenc h and German 2. Train Symantec escalation contacts who are fluent in these languages 3. Create global SCRM triage process for European languages Shared Engineering Services 23
  • 24. CY13: APJ SCRM Next Steps 1. Train SES staff who can read in Chinese and Japanese 2. Train Symantec escalation contacts who are fluent in these languages 3. Create global SCRM triage process for Asian languages Shared Engineering Services 24
  • 26. Thank you! Tristan Bishop Twitter: @KnowledgeBishop Copyright © 2010 Symantec Corporation. All rights reserved. Symantec and the Symantec Logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners. This document is provided for informational purposes only and is not intended as advertising. All warranties relating to the information in this document, either express or implied, are disclaimed to the maximum extent allowed by law. The information in this document is subject to change without notice. Symantec Social CRM 26

Editor's Notes

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  2. 1) Social Network use by those aged 50+ has doubled in the past year (from 22% to 42%)Source: Pew Internet & American Life Project, August, 2010http://pewinternet.org/Reports/2010/Twitter-update-2010.aspx2) http://www.empathica.com/12-06-10_ConsumersFollowBrandviaSocialMedia.html3) http://www.marketingprofs.com/charts/2011/4613/fortune-global-100-social-media-savvy-getting-savvier
  3. Will have become a billion dollar market within 18 months
  4. Noise = all internet mentions that are not relevant or actionable. For example, a company posting an open position for a Backup Exec admin.