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Building B2B
   Communities in a Low
   Trust World




Lou Ordorica                  Social Networking Conference
Senior Community Manager                              2010
Reseller Marketing Services
Agenda

• Business climate, business drivers, and business values


• Case Study:


  • Construct a B2B community for $3B Hi-Tech distributor


• Building the community — methodology


• Lessons learned
A Challenging
Business Climate

• “Flat is the new growth.”


• “Necessity buying” patterns taking
  hold


• Doing more with less is the new
  normal


• Margins are under pressure


• Work much today harder to earn the
  same dollars


• Weaker companies disappearing


• Customers putting off large purchases
Business Drivers

• ROI


• Gaining net new business


• Protecting customer base and
  margins


• Filling the pipeline with qualified leads


• Converting leads to paying clients


• Achieving market differentiation


• Reducing costs and improving
  efficiencies
Business Values

• Trust in corporations is deteriorating in the U.S.


• People buy from people they know


   • “This is a relationship business.”


• Success or failure in relationships occurs “one conversation at a time”


• Golden Rule deviations usually end in tears


   Our opportunity: to create a business community
   environment where trusted relationships flourish
Case Study

• $3B specialty distributor of data networking and phone systems with 1,500
  employees


• Customer base comprised of resellers, VARs, and ISVs


• Rebooted marketing organization


• Created a marketing joint venture with channel-focused conference organizer
  in March 2009


• Spending less on traditional marketing and investing in community resources


• Hired Community Manager and invested in Telligent community platform
Business Goals

• Enable resellers to grow their businesses profitably


   • Develop “Silver” level dealers into higher revenue
     producing “Gold” and “Platinum” levels


• Double revenue in 5 years


• Grow wallet share — and take it from competitors


• Gain competitive advantage through innovation and differentiation


• Develop high margin professional services business
Community Model
Community Model



   physical
    events


   1 per month
   Boot Camps
 Partner Councils
    Customer
Appreciation Events


    High Cost
Community Model



   physical           +     webinars
    events


   1 per month             8 - 12 per month
   Boot Camps               Cisco WebEx
 Partner Councils          Meeting Center

    Customer              Citrix GoToWebinar
Appreciation Events


    High Cost               Medium Cost
Community Model



   physical           +                        +       online
                            webinars                 community
    events


   1 per month             8 - 12 per month              7x24
   Boot Camps               Cisco WebEx                 Private
 Partner Councils          Meeting Center              Branded
    Customer              Citrix GoToWebinar       Discussion Groups
Appreciation Events                                    Managed

    High Cost               Medium Cost               Low Cost
Building the Community: Describe the Problem

• Who is the executive sponsor? Who are your champions?


• Who are your buyers? Partners? Competitors?


• What are the “people places”?


  • Web sites


  • Conferences


  • Meetings — physical and online


• What keeps your community up at night?
Reaching Out to the
Community

• Get guidance from executive sponsors
  and people invested in business goals

   • What is generating the most calls?


   • What are the big trends?


   • Who can speak to issues and
     opportunities facing the
     community?


• Group and prioritize the resulting list of
  topics and people


• Conduct interviews


   • Listen generously!
Capture the Community Vision

• Clearly articulated, memorable, and easily repeatable


   • “We want the online community to be your
     Google — a starting point for information, best
     sales practices, and networking.”


   • “Enable our customers to grow their businesses
     with practical advice they can put to work right away.”


   • “A tool that brings closer to our customers and partners— one
     conversation at a time.”


• Group brainstorming is best to capture and refine the community vision.
Selling the Community

• A B2B Community exists for business — customers, profits, productivity


• Make the community relevant to executives. How will the community:


  • Make it easier to find new customers?


  • Increase customer loyalty?


  • Improve employee productivity?


  • Decrease costs?
Make the Community Relevant to Executives


           Benefits     Area                         Business Impact




                       Reducing Support Costs
 • Ask the Experts                              • Reduce Support Calls


 • Discussion Forums                            • Fewer FTEs


 • Blogs                                        • Decrease OPEX


 • Wikis                                        • Improve OI
What Makes a
Business Community?

• Community building blocks are
  the same


  • Identity


  • Belonging


  • Connectedness


  • Social capital


  • Caring for the whole
Create Business
Community Structures

• Primary audience is C-level
  business executive


• A “gated” community:


   • Exclusive


   • Controlled access


   • Segmented, based on roles —
     very important!


   • Managed


   • Long-term growth
Create Community
Member Personas
• Personas are fictions rooted in reality


• Describe roles, motivators, pain points,
  trigger words


• Use personas to guide editorial
  decisions — microcopy, too


• Example: William Smith is a CIO at a
  Fortune 500 company.


   • Priorities: Growth (acquisition /
     retention), Controlling costs,
     Improving productivity


   • Trigger Words: Cover Capital Costs
     (NPV), Internal Rate of Return (IRR),
     Payback, Cash Flows
Select Tools for the Business Community

• Focus on the building blocks — identity, belonging, connectedness


• Leverage mass social media where it makes sense


• Survey the landscape — look at competitors


• Focus on requirements, but be prepared to wear many hats


  • Design


  • User Experience


  • Usability and User Acceptance Testing
To Brand or Not to Brand?

• Does your company possess brand equity? Protect the brand.


   • Trademarked names of products and technologies


   • Logos, colors, shapes


• No or little brand equity?


   • Build the community first


   • Let your customer’s needs dictate choices
Build the Community
Plan

• Audience definition — primary,
  secondary, tertiary


• Content — taxonomies that define
  topics and relationships


• Data sources


• Moderators


• Working Groups


• Steering Committees


• Editorial Calendar
Drive Participation with Content


           Aggregated tools and      Timely, productive, and
           information covering     visible dialogue that helps
         business functions — sell,       people run their
Effort        quote, configure               businesses

         Repurposed web pages,
                                     Market research — best
         white papers, podcasts,
                                      practices, competitive
         videos covering products
                                        analysis, insights
               and solutions


                                 Value
Content Taxonomy


  Community   Category         Name           Description

                                                NPV, IRR,
                              Evaluating
                                              Payback, Cash
                             Investments
                                                  Flows
                                              Capital Costs,
               Business
    CEO                          ROI              Risk
              Enablement
                                              Management

                           Business Process     Improving
                             Refactoring       Productivity
Establish a Social
Proof
• Follow people and adoption patterns


• Implement structures and processes that
  spur interest and growth


• Leverage sponsors and existing
  community base


• Roll up your sleeves — this is hard work!


   • Create interesting profiles for your
     “starter” members


   • Start discussion threads, write blog
     posts, set up wiki pages

   • Get people interested and excited,
     and ask for their participation
Market the Business
Community
• Market within the organization and
  externally


• B2B outbound marketing is alive and well


• Leverage communication channels and
  customer touch points


    • Email: Newsletters, Email Signatures


    • Direct Mail, Tele Marketing, On-Hold
      Messages


    • Webinars

• Tap into existing systems used for digital
  marketing — SEO, CRM, SEM
Measure and Report

• Be sure to tell the stories


• Unsolicited member praise or criticism is gold


• Don’t fixate on activity — it is not the only measure of business impact


• Perceptions matter — be persistent, talk up the community at every
  opportunity


• Enlist champions — people who believe and can convert others


• The most useful feedback is rooted in truth. Be open and avoid defensive
  postures.
Lessons Learned

• Manage expectations early and often


• Delivering high value content is critical


• Embrace your role as a sales person


• Expect course corrections, sometimes
  mid-stream


• Guard your time and attention with
  vigilance


• Be courageous and take risks


• Leverage will get you to your goal
  faster and with less effort
Thank You

Lou Ordorica
lou.ordorica@gmail.com
@lordorica

Subscribe to my blog:
http://web-achiever.com




 This work is licensed under a Creative Commons License.

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Building B2B Communities in a Low Trust World

  • 1. Building B2B Communities in a Low Trust World Lou Ordorica Social Networking Conference Senior Community Manager 2010 Reseller Marketing Services
  • 2. Agenda • Business climate, business drivers, and business values • Case Study: • Construct a B2B community for $3B Hi-Tech distributor • Building the community — methodology • Lessons learned
  • 3. A Challenging Business Climate • “Flat is the new growth.” • “Necessity buying” patterns taking hold • Doing more with less is the new normal • Margins are under pressure • Work much today harder to earn the same dollars • Weaker companies disappearing • Customers putting off large purchases
  • 4. Business Drivers • ROI • Gaining net new business • Protecting customer base and margins • Filling the pipeline with qualified leads • Converting leads to paying clients • Achieving market differentiation • Reducing costs and improving efficiencies
  • 5. Business Values • Trust in corporations is deteriorating in the U.S. • People buy from people they know • “This is a relationship business.” • Success or failure in relationships occurs “one conversation at a time” • Golden Rule deviations usually end in tears Our opportunity: to create a business community environment where trusted relationships flourish
  • 6. Case Study • $3B specialty distributor of data networking and phone systems with 1,500 employees • Customer base comprised of resellers, VARs, and ISVs • Rebooted marketing organization • Created a marketing joint venture with channel-focused conference organizer in March 2009 • Spending less on traditional marketing and investing in community resources • Hired Community Manager and invested in Telligent community platform
  • 7. Business Goals • Enable resellers to grow their businesses profitably • Develop “Silver” level dealers into higher revenue producing “Gold” and “Platinum” levels • Double revenue in 5 years • Grow wallet share — and take it from competitors • Gain competitive advantage through innovation and differentiation • Develop high margin professional services business
  • 9. Community Model physical events 1 per month Boot Camps Partner Councils Customer Appreciation Events High Cost
  • 10. Community Model physical + webinars events 1 per month 8 - 12 per month Boot Camps Cisco WebEx Partner Councils Meeting Center Customer Citrix GoToWebinar Appreciation Events High Cost Medium Cost
  • 11. Community Model physical + + online webinars community events 1 per month 8 - 12 per month 7x24 Boot Camps Cisco WebEx Private Partner Councils Meeting Center Branded Customer Citrix GoToWebinar Discussion Groups Appreciation Events Managed High Cost Medium Cost Low Cost
  • 12. Building the Community: Describe the Problem • Who is the executive sponsor? Who are your champions? • Who are your buyers? Partners? Competitors? • What are the “people places”? • Web sites • Conferences • Meetings — physical and online • What keeps your community up at night?
  • 13. Reaching Out to the Community • Get guidance from executive sponsors and people invested in business goals • What is generating the most calls? • What are the big trends? • Who can speak to issues and opportunities facing the community? • Group and prioritize the resulting list of topics and people • Conduct interviews • Listen generously!
  • 14. Capture the Community Vision • Clearly articulated, memorable, and easily repeatable • “We want the online community to be your Google — a starting point for information, best sales practices, and networking.” • “Enable our customers to grow their businesses with practical advice they can put to work right away.” • “A tool that brings closer to our customers and partners— one conversation at a time.” • Group brainstorming is best to capture and refine the community vision.
  • 15. Selling the Community • A B2B Community exists for business — customers, profits, productivity • Make the community relevant to executives. How will the community: • Make it easier to find new customers? • Increase customer loyalty? • Improve employee productivity? • Decrease costs?
  • 16. Make the Community Relevant to Executives Benefits Area Business Impact Reducing Support Costs • Ask the Experts • Reduce Support Calls • Discussion Forums • Fewer FTEs • Blogs • Decrease OPEX • Wikis • Improve OI
  • 17. What Makes a Business Community? • Community building blocks are the same • Identity • Belonging • Connectedness • Social capital • Caring for the whole
  • 18. Create Business Community Structures • Primary audience is C-level business executive • A “gated” community: • Exclusive • Controlled access • Segmented, based on roles — very important! • Managed • Long-term growth
  • 19. Create Community Member Personas • Personas are fictions rooted in reality • Describe roles, motivators, pain points, trigger words • Use personas to guide editorial decisions — microcopy, too • Example: William Smith is a CIO at a Fortune 500 company. • Priorities: Growth (acquisition / retention), Controlling costs, Improving productivity • Trigger Words: Cover Capital Costs (NPV), Internal Rate of Return (IRR), Payback, Cash Flows
  • 20. Select Tools for the Business Community • Focus on the building blocks — identity, belonging, connectedness • Leverage mass social media where it makes sense • Survey the landscape — look at competitors • Focus on requirements, but be prepared to wear many hats • Design • User Experience • Usability and User Acceptance Testing
  • 21. To Brand or Not to Brand? • Does your company possess brand equity? Protect the brand. • Trademarked names of products and technologies • Logos, colors, shapes • No or little brand equity? • Build the community first • Let your customer’s needs dictate choices
  • 22. Build the Community Plan • Audience definition — primary, secondary, tertiary • Content — taxonomies that define topics and relationships • Data sources • Moderators • Working Groups • Steering Committees • Editorial Calendar
  • 23. Drive Participation with Content Aggregated tools and Timely, productive, and information covering visible dialogue that helps business functions — sell, people run their Effort quote, configure businesses Repurposed web pages, Market research — best white papers, podcasts, practices, competitive videos covering products analysis, insights and solutions Value
  • 24. Content Taxonomy Community Category Name Description NPV, IRR, Evaluating Payback, Cash Investments Flows Capital Costs, Business CEO ROI Risk Enablement Management Business Process Improving Refactoring Productivity
  • 25. Establish a Social Proof • Follow people and adoption patterns • Implement structures and processes that spur interest and growth • Leverage sponsors and existing community base • Roll up your sleeves — this is hard work! • Create interesting profiles for your “starter” members • Start discussion threads, write blog posts, set up wiki pages • Get people interested and excited, and ask for their participation
  • 26. Market the Business Community • Market within the organization and externally • B2B outbound marketing is alive and well • Leverage communication channels and customer touch points • Email: Newsletters, Email Signatures • Direct Mail, Tele Marketing, On-Hold Messages • Webinars • Tap into existing systems used for digital marketing — SEO, CRM, SEM
  • 27. Measure and Report • Be sure to tell the stories • Unsolicited member praise or criticism is gold • Don’t fixate on activity — it is not the only measure of business impact • Perceptions matter — be persistent, talk up the community at every opportunity • Enlist champions — people who believe and can convert others • The most useful feedback is rooted in truth. Be open and avoid defensive postures.
  • 28. Lessons Learned • Manage expectations early and often • Delivering high value content is critical • Embrace your role as a sales person • Expect course corrections, sometimes mid-stream • Guard your time and attention with vigilance • Be courageous and take risks • Leverage will get you to your goal faster and with less effort
  • 29. Thank You Lou Ordorica lou.ordorica@gmail.com @lordorica Subscribe to my blog: http://web-achiever.com This work is licensed under a Creative Commons License.

Notes de l'éditeur

  1. Businesses are slow to hire, worried about the economy photo: NYC 2009 marathon
  2. Photo: Covent Garden
  3. According to the 2009 Edelman Trust Barometer, more than 50% of respondents said they trusted corporations less than last year.
  4. RMS is run as a P&L center
  5. Start with the structures that are currently in place. Leverage!
  6. Peter Block writes about the foundation in his book Community: The Structure of Belonging