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Secrets of B2B
Social Media & WOM Marketing
      Zuberance Webinar

        September 21, 2011
Meet CDW’s Best Marketer
  Justin Dorfman, support engineer,
   NetDNA
  Generated over $300K+ sales for
   CDW as result of his WOM
   recommendations
  CDW has paid Dorfman: $0
  Recommends CDW because of
   reliable, personalized service
 ►81% surveyed CDW customers are Advocates



                                             2
Today’s Objectives

 1. Share secret of B2B social media marketing
    success
 2. Real-world B2B case studies
 3. Practical tips to get social media marketing
    results now




                                                   3
Today’s Special Guest
    Laura Messerschmitt, VP Marketing, Outright


                                 Really smart person




                                                       4
Brought to you by...Zuberance
  Award-winning online WOM marketing
   company
  Focus: Turning Advocates into powerful
   marketing force
  Customers: Leading B2B & B2C brands




                                            5
Zuberance WOM Marketing System
  Identify Brand Advocates
  “How likely are you to                                   Energize Brand Advocates
  recommend us?”                                   Advocate Reviews
                                                                      Advocate Stories




                        Social, Digital, Mobile
      Tracking & Insights                         Advocate Answers    Advocate Offers




                                                                                         6
Where Zuberance Fits In
             Social Media Products & Services

                                        Zuberance   Energize
                                                     Generating
 Marketing
                                                    leads & sales
 ROI                           Engage
                                 Facebook,
                               communities,
                Listen            reviews
                Social media
                  listening
                     tools




                               Marketing Value


                                                                    7
How to Find & Energize your Advocates
    Coming in 2012...




                        Energize
                        How to Turn Fans, Followers, and
                        Enthusiastic Customers into Social
                        Media Marketing Machines

                        rob@zuberance.com




                                                             8
You Have a Tough Job
Top 5 B2B Marketing Challenges
Generatin
 g more                                               50%
  leads
 Reaching
 decision                                        46%
  makers
Improving
  lead                                          44%
 quality

            Source: Forrester, MarketingProfs




                                                            9
CMOs’ Online Marketing Woes
Only 5% CMOs rate their companies’ online
marketing performance as excellent
Source: CMO Council, 2011 State of Marketing




                                               10
Average CMO Tenure: 23 Months




                       Source: Spencer Stuart




                                                11
Secret B2B Marketing Weapon
Your “Brand Advocates”




                              12
Tweet This
WOM Marketing is 10X more
effective than traditional marketing
  90% buyers trust WOM; 14% trust
   ads
  WOM 20 to 50X more influential
   than ads
  50% or more of business comes
   from WOM
   Sources: Nielsen, McKinsey




                                       13
WOM Mktg vs. Traditional Mktg
        Leads         Conversion Rates      Customer
    Per 100K Emails                      Acquisition Costs
                                  30%
              70K                           $100




                        2.5%                          $25
   6K


  Brand     WOMM       Online     WOMM     Traditional WOMM
  eMail               Marketing            Marketing


                                                            14
WOM Champions = Brand Advocates

 Highly-satisfied customers
 who pro-actively recommend
 brands or products without
 being paid to do so.


 ►Beyond like, loyalty, or satisfaction


                                          15
Advocates are Different & Powerful

                  Fans                       5X more trusted than ads
                                             50% more likely to
                                              influence purchases than
                                              other customers
                                             2X more active content
   Engaged                                    creators
  Customers   Advocates     Followers
                                             4X more likely to share
                                              great product experiences
                                             #1 Motivation: Help
                                              others
                  Loyal
                Customers
                                            Sources: Nielsen, Comscore, Yahoo!; University of Rhode Island research study




                                                                                                                            16
Surprise! B2B’s have lots of Advocates
      Category            Company Type or Product Category   % of Advocates

      B2B                 IT Reseller                             81%
      B2B                 Accounting software                     76%
      B2B                 Software for SMBs                       73%
      B2B                 Internet file transfer service          71%
      B2C/B2B             Security software                       70%
      B2C/B2B             Graphic design software                 62%
      B2C/B2B             Security software                       50%
      B2B                 Email marketing services                59%
      B2B                 Project management software             54%
      B2B                 Web design software                     51%
      B2B                 Graphic design software                 51%
      B2B                 Video editing software                  40%
      B2B                 Cable services for business             39%
      B2B                 Telecommunications                      24%

      Source: Zuberance




                                                                              17
Loyal Customers are Advocates
39% of loyal customers are “WOM Champions”
Source: Colloquy




                                             18
One Account, Thousands of Advocates
                           Influencer

                                         Gate-
              Consultant
                                        Keeper




        Economic           Decision              End-User
          Buyer             Maker




               Technical
                                        Manager
                 Buyer

                           Champion




                                                            19
Secret to B2B Social Media Marketing?




                                  20
Turn Advocates into Marketing Force!
Measurable Benefits Fast
   Generate qualified leads and sales
   Cut customer acquisition costs by 50%
   Amplify positive WOM
   Fight negative WOM
   Turn likes into leads
   Get more success stories



                                            21
Identify Your Advocates
 “Ultimate Question” for Customer Loyalty
   How likely are you to recommend our
   brand or products to your friends?




                                            22
Microsoft SMB Identifies Advocates

                   Microsoft
                   SMB
                   Advocates




                                 23
Ask Ultimate Question in Many Places

Email                       Call Center


 Web                        Product



 Social                     Packaging




                                        24
How B2Bs Energizing Their Advocates




                                 25
CDW Advocates Write Reviews
   39% of CDW Advocates Write Reviews




                                        26
YouSendIt Advocates Write Stories
               4,000 stories in 3 weeks!
               100% CTR for stories shared by
               Advocates




                                            27
Amplify Advocates, Reach Prospects
Put Recommendations Where You Want Them
                                                • FB
                                   Advocates’   • Twitter
                                     Social
        Advocate Reviews,          Networks     • LinkedIn
        Stories, Answers, Offers
                                                • Google+


                                                    • Amazon.com
                                        Shopping
                                          Sites
                                                    • CNET
                                                    • BestBuy.com


                                                • Advocate’s Email
                                    Other       • Brand’s Website
                                                • Blogs


                                                                     28
Webroot Amplifies Advocates
Double Conversion Rates by Putting This on Buy Pages




                                               29
Ooma Advocates Answer Qs
1. Prospect clicks on    2. Prospect asks question   3. Opted-in Advocates
banner                                               get email with question




   4. Answers sent to
   Prospect with offer                                        5. Prospect
                                                              places order




                                                                             30
Microsoft Advocates Generate Leads
80% CTR for offers shared by Advocates




                                         31
Adobe Mobilizes Advocates
    Increases Ratings from 3.5 to 4.25 for Black Friday




                                                      32
3 Best Practices

 1. Don’t pay Advocates
 2. Make Advocate/WOM marketing part of
    ongoing marketing mix
 3. Get an Advocate system (scale, tracking)




                                               33
Today’s Special Guest
    Laura Messerschmitt, VP Marketing, Outright




                                                  34
80% Intuit Sales Driven by WOM


             $0.8


                             WOM
                    $3.1




                                 35
Negative WOM Costs Intuit Sales




                                  36
Intuit Identifies Advocates


    Email
 Newsletters
 In-product             68% are Advocates




                                     37
Intuit Energizes Advocates
 Advocate Reviews   Average star rating 4.8/5.0




                                             38
Intuit Turns Advocates into Sales Force




                                    39
Intuit Expands Advocate Army

       500,000+ Intuit Advocates




                                   40
Results of Real-Time Poll

 What % of your business comes from WOM?
       a. Less than 25%
       b. About 25%
       c. About 50%
       d. More than 50%




                                           41
Download This Now...




                       42
Learn More




             43
Q&A




      Energizing Brand Advocates

         rob@zuberance.com




                                   44

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Эффективность сарафанного радио в В2В

  • 1. Secrets of B2B Social Media & WOM Marketing Zuberance Webinar September 21, 2011
  • 2. Meet CDW’s Best Marketer  Justin Dorfman, support engineer, NetDNA  Generated over $300K+ sales for CDW as result of his WOM recommendations  CDW has paid Dorfman: $0  Recommends CDW because of reliable, personalized service ►81% surveyed CDW customers are Advocates 2
  • 3. Today’s Objectives 1. Share secret of B2B social media marketing success 2. Real-world B2B case studies 3. Practical tips to get social media marketing results now 3
  • 4. Today’s Special Guest Laura Messerschmitt, VP Marketing, Outright Really smart person 4
  • 5. Brought to you by...Zuberance  Award-winning online WOM marketing company  Focus: Turning Advocates into powerful marketing force  Customers: Leading B2B & B2C brands 5
  • 6. Zuberance WOM Marketing System Identify Brand Advocates “How likely are you to Energize Brand Advocates recommend us?” Advocate Reviews Advocate Stories Social, Digital, Mobile Tracking & Insights Advocate Answers Advocate Offers 6
  • 7. Where Zuberance Fits In Social Media Products & Services Zuberance Energize Generating Marketing leads & sales ROI Engage Facebook, communities, Listen reviews Social media listening tools Marketing Value 7
  • 8. How to Find & Energize your Advocates Coming in 2012... Energize How to Turn Fans, Followers, and Enthusiastic Customers into Social Media Marketing Machines rob@zuberance.com 8
  • 9. You Have a Tough Job Top 5 B2B Marketing Challenges Generatin g more 50% leads Reaching decision 46% makers Improving lead 44% quality Source: Forrester, MarketingProfs 9
  • 10. CMOs’ Online Marketing Woes Only 5% CMOs rate their companies’ online marketing performance as excellent Source: CMO Council, 2011 State of Marketing 10
  • 11. Average CMO Tenure: 23 Months Source: Spencer Stuart 11
  • 12. Secret B2B Marketing Weapon Your “Brand Advocates” 12
  • 13. Tweet This WOM Marketing is 10X more effective than traditional marketing  90% buyers trust WOM; 14% trust ads  WOM 20 to 50X more influential than ads  50% or more of business comes from WOM Sources: Nielsen, McKinsey 13
  • 14. WOM Mktg vs. Traditional Mktg Leads Conversion Rates Customer Per 100K Emails Acquisition Costs 30% 70K $100 2.5% $25 6K Brand WOMM Online WOMM Traditional WOMM eMail Marketing Marketing 14
  • 15. WOM Champions = Brand Advocates Highly-satisfied customers who pro-actively recommend brands or products without being paid to do so. ►Beyond like, loyalty, or satisfaction 15
  • 16. Advocates are Different & Powerful Fans  5X more trusted than ads  50% more likely to influence purchases than other customers  2X more active content Engaged creators Customers Advocates Followers  4X more likely to share great product experiences  #1 Motivation: Help others Loyal Customers Sources: Nielsen, Comscore, Yahoo!; University of Rhode Island research study 16
  • 17. Surprise! B2B’s have lots of Advocates Category Company Type or Product Category % of Advocates B2B IT Reseller 81% B2B Accounting software 76% B2B Software for SMBs 73% B2B Internet file transfer service 71% B2C/B2B Security software 70% B2C/B2B Graphic design software 62% B2C/B2B Security software 50% B2B Email marketing services 59% B2B Project management software 54% B2B Web design software 51% B2B Graphic design software 51% B2B Video editing software 40% B2B Cable services for business 39% B2B Telecommunications 24% Source: Zuberance 17
  • 18. Loyal Customers are Advocates 39% of loyal customers are “WOM Champions” Source: Colloquy 18
  • 19. One Account, Thousands of Advocates Influencer Gate- Consultant Keeper Economic Decision End-User Buyer Maker Technical Manager Buyer Champion 19
  • 20. Secret to B2B Social Media Marketing? 20
  • 21. Turn Advocates into Marketing Force! Measurable Benefits Fast  Generate qualified leads and sales  Cut customer acquisition costs by 50%  Amplify positive WOM  Fight negative WOM  Turn likes into leads  Get more success stories 21
  • 22. Identify Your Advocates “Ultimate Question” for Customer Loyalty How likely are you to recommend our brand or products to your friends? 22
  • 23. Microsoft SMB Identifies Advocates Microsoft SMB Advocates 23
  • 24. Ask Ultimate Question in Many Places Email Call Center Web Product Social Packaging 24
  • 25. How B2Bs Energizing Their Advocates 25
  • 26. CDW Advocates Write Reviews 39% of CDW Advocates Write Reviews 26
  • 27. YouSendIt Advocates Write Stories 4,000 stories in 3 weeks! 100% CTR for stories shared by Advocates 27
  • 28. Amplify Advocates, Reach Prospects Put Recommendations Where You Want Them • FB Advocates’ • Twitter Social Advocate Reviews, Networks • LinkedIn Stories, Answers, Offers • Google+ • Amazon.com Shopping Sites • CNET • BestBuy.com • Advocate’s Email Other • Brand’s Website • Blogs 28
  • 29. Webroot Amplifies Advocates Double Conversion Rates by Putting This on Buy Pages 29
  • 30. Ooma Advocates Answer Qs 1. Prospect clicks on 2. Prospect asks question 3. Opted-in Advocates banner get email with question 4. Answers sent to Prospect with offer 5. Prospect places order 30
  • 31. Microsoft Advocates Generate Leads 80% CTR for offers shared by Advocates 31
  • 32. Adobe Mobilizes Advocates Increases Ratings from 3.5 to 4.25 for Black Friday 32
  • 33. 3 Best Practices 1. Don’t pay Advocates 2. Make Advocate/WOM marketing part of ongoing marketing mix 3. Get an Advocate system (scale, tracking) 33
  • 34. Today’s Special Guest Laura Messerschmitt, VP Marketing, Outright 34
  • 35. 80% Intuit Sales Driven by WOM $0.8 WOM $3.1 35
  • 36. Negative WOM Costs Intuit Sales 36
  • 37. Intuit Identifies Advocates Email Newsletters In-product 68% are Advocates 37
  • 38. Intuit Energizes Advocates Advocate Reviews Average star rating 4.8/5.0 38
  • 39. Intuit Turns Advocates into Sales Force 39
  • 40. Intuit Expands Advocate Army 500,000+ Intuit Advocates 40
  • 41. Results of Real-Time Poll What % of your business comes from WOM? a. Less than 25% b. About 25% c. About 50% d. More than 50% 41
  • 44. Q&A Energizing Brand Advocates rob@zuberance.com 44