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New Rules of Social Business


          Clint Oram
#pardot2012

#sugarcrm
About Me

           •  CTO & Co-Founder,
              SugarCRM Inc.

           •  @sugarclint

           •  clint@sugarcrm.com

           •  slideshare.net/sugarclint
About SugarCRM

         •  Business
            –  Leading provider of Open Source CRM Software
            –  Founded April 2004
            –  HQ in Cupertino, California
         •  Market Traction
            –  Award winning products
            –  3rd largest global CRM provider by users
            –  1M+ users; 80,000+ organizations
         •  World’s Fastest Growing CRM Company
            –  73%+ billings growth 1H 2012 over 1H 2011
            –  > 10 Million downloads
            –  2,500+ new customers in last 12 months in 80+
               countries
CRM
CRM

  CRM empowers you to
 gain and retain customers
CRM

  CRM empowers you to
 gain and retain customers
    by providing greater
     visibility into sales,
  marketing and support
   so you can deliver an
    excellent customer
         experience
CRM

 •  Enables collaboration
 •  Provides visibility
 •  Gives financial
    predictability
 •  Boost revenue
 •  Leverages existing
    technology
    investment
Social CRM




        Social CRM is an
     extension of CRM, not a
      replacement for CRM
Social CRM



"CRM is a philosophy & a business strategy, supported by a
technology platform, business rules, workflow, processes &
social characteristics, designed to engage the
customer in a collaborative conversation in order
to provide mutually beneficial value in a trusted &
transparent business environment. It's the company's
response to the customer's ownership of the
conversation."
Change
Change: Egypt’s Facebook Revolution
Change: Occupy Wall Street Revolution
Change: Customers Believe Customers
           Not Companies!
Change: Traditional Marketing Funnel




source: Forrester Research, Inc
Change: New Marketing Funnel




source: Forrester Research, Inc
Change: Social is Changing Business
The New Rules
Rule #1: You Are Not In Control
Customers Manage You
Rule #2: Traditional Marketing is Declining

                                               Growth of Marketing Spend Over Next 2-3 Years
                                                                        Decline    Grow
                         -100%   -80%   -60%       -40%          -20%         0%         20%   40%         60%           80%

                                                                        -5%                                        67%
Social Media	
  
                                                             -11%                                                 64%
Digital and Online	
  
Public Relations	
                                                      -5%                                  61%

Direct Marketing	
                                                 -8%                                      58%

Data Analysis	
                                                         -5%                                 58%

Marketing Collateral	
                                    -14%                                             57%

Paid Search	
                                                -10%                                    48%
Events	
                                             -19%                                            45%
Print	
             -67%                                                                 14%
TV and Radio	
      -74%                                                            9%
Out-of-Home	
                           -35%                                        8%




            Source: Booz & Company’s B2B Marketing Survey 2010
How People Connect with Companies
                   Inbound
                   Permission
                   Customer-Driven



Outbound
Interruption
Vendor-Driven
Rule #3: Customer Service IS Marketing
The Ultimate Question
Rule #4: Join the Conversation
Interact Via Social Media

  “85% of respondents believe
  companies should not just present
  information via social media, but
  use it to interact and become more
  engaged with them.”

  - Cone Inc Report: “Social Media in Business”
Rule #5: Integrate People with Technology




Sydney restaurant replaces menus with iPads
http://www.redmondpie.com/sydney-restaurant-uses-ipad-as-a-menu-card/
Evolution
How to get started?
Complicated
What are your pain points?
                                                   Marketing
                  Issue            Brand
                   Escalation       Protection

           Community                       Thought
            Support                         Leadership
Support
          Knowledge
           Sharing         Social           Demand
                                             Generation

                                      Content
               Customer                Sharing
               Engagement
                                Customer
                                Profile             Sales
Start with Inbound Marketing
CRM for EVERYONE
      See you in New York for SugarCon 2013!
Thank You


   @sugarclint
linkedin/clintoram

    @sugarcrm
facebook/sugarcrm

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Pardot Elevate 2012 - The First Five Steps to Social Inbound Marketing

  • 1. New Rules of Social Business Clint Oram
  • 3. About Me •  CTO & Co-Founder, SugarCRM Inc. •  @sugarclint •  clint@sugarcrm.com •  slideshare.net/sugarclint
  • 4. About SugarCRM •  Business –  Leading provider of Open Source CRM Software –  Founded April 2004 –  HQ in Cupertino, California •  Market Traction –  Award winning products –  3rd largest global CRM provider by users –  1M+ users; 80,000+ organizations •  World’s Fastest Growing CRM Company –  73%+ billings growth 1H 2012 over 1H 2011 –  > 10 Million downloads –  2,500+ new customers in last 12 months in 80+ countries
  • 5. CRM
  • 6. CRM CRM empowers you to gain and retain customers
  • 7. CRM CRM empowers you to gain and retain customers by providing greater visibility into sales, marketing and support so you can deliver an excellent customer experience
  • 8. CRM •  Enables collaboration •  Provides visibility •  Gives financial predictability •  Boost revenue •  Leverages existing technology investment
  • 9. Social CRM Social CRM is an extension of CRM, not a replacement for CRM
  • 10. Social CRM "CRM is a philosophy & a business strategy, supported by a technology platform, business rules, workflow, processes & social characteristics, designed to engage the customer in a collaborative conversation in order to provide mutually beneficial value in a trusted & transparent business environment. It's the company's response to the customer's ownership of the conversation."
  • 13. Change: Occupy Wall Street Revolution
  • 14. Change: Customers Believe Customers Not Companies!
  • 15. Change: Traditional Marketing Funnel source: Forrester Research, Inc
  • 16. Change: New Marketing Funnel source: Forrester Research, Inc
  • 17. Change: Social is Changing Business
  • 19. Rule #1: You Are Not In Control
  • 21. Rule #2: Traditional Marketing is Declining Growth of Marketing Spend Over Next 2-3 Years Decline Grow -100% -80% -60% -40% -20% 0% 20% 40% 60% 80% -5% 67% Social Media   -11% 64% Digital and Online   Public Relations   -5% 61% Direct Marketing   -8% 58% Data Analysis   -5% 58% Marketing Collateral   -14% 57% Paid Search   -10% 48% Events   -19% 45% Print   -67% 14% TV and Radio   -74% 9% Out-of-Home   -35% 8% Source: Booz & Company’s B2B Marketing Survey 2010
  • 22. How People Connect with Companies Inbound Permission Customer-Driven Outbound Interruption Vendor-Driven
  • 23. Rule #3: Customer Service IS Marketing
  • 25. Rule #4: Join the Conversation
  • 26. Interact Via Social Media “85% of respondents believe companies should not just present information via social media, but use it to interact and become more engaged with them.” - Cone Inc Report: “Social Media in Business”
  • 27. Rule #5: Integrate People with Technology Sydney restaurant replaces menus with iPads http://www.redmondpie.com/sydney-restaurant-uses-ipad-as-a-menu-card/
  • 29. How to get started?
  • 31. What are your pain points? Marketing Issue Brand Escalation Protection Community Thought Support Leadership Support Knowledge Sharing Social Demand Generation Content Customer Sharing Engagement Customer Profile Sales
  • 32. Start with Inbound Marketing
  • 33. CRM for EVERYONE See you in New York for SugarCon 2013!
  • 34. Thank You @sugarclint linkedin/clintoram @sugarcrm facebook/sugarcrm