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Frankfurt
re-invent how brands connect with their customers
2LITHIUM CONFIDENTIAL
10.30 Registration, coffee, networking
11.00 Keynote: Using social to re-invent how brands connect with
their customers
11.30 Vortrag & Diskussion: Learnings aus der Studie "Challenges &
Opportunities of Social Business Solutions" - wo stehen DACH-
Unternehmen und was sind ihre Herausforderungen?
12.15 Discussion/ Q&A
12.30 Lunch
Lithium Confidential
“using social to re-invent how brands connect with their customers"
11:00
WE LEAD A DIGITAL LIFE...
it’s not just me
we all have extreme
expectations
18LITHIUM CONFIDENTIAL
socialwebsite
in-store phoneCompanies spend millions
every year improving
traditional channels.
Meanwhile their customers
increasing use social
channels!
Social is more than a
channel: it’s a new kind of
relationship with customers.
•
•
•
Lithium Confidential
“Challenges & Opportunities of Social Business
Solutions of the Largest Organizations in DACH”
Andreas Nicklas
11:30
21LITHIUM CONFIDENTIAL
Less then 5% fully agree that
their social media strategy is
deeply integrated into their
core business processes.
23LITHIUM CONFIDENTIAL
▪ Why are organizations hesitant to social business?
▪ While organizations think social business don’t they talk about social media in reality?
▪ Is the value add of social media in comparison to traditional media understood (push
versus pull; paid media versus earned media)?
▪ Are the distinctions between reach, activation and engagement are known?
▪ What is the importance of user generated content and communities for social business
processes and social customer experience?
▪ Is the business value of social and the related KPIs understood?
24LITHIUM CONFIDENTIAL
▪ Prof. Dr. René Algesheimer, Chair of Marketing and Market Research UZH: Europe’s most
renowned expert for social media and social business.
▪ René and his chair got selected for a multi year research project about social media from
the Swiss government.
▪ René built a social media competence center incl. project manager Margot Löwenberg.
▪ With SAP, netconomy, coUNDco und Ogilvy/Etecture additional holder of competence
joined.
▪ Start February 2013. Finish February 2014.
▪ Participated organizations selected out of: Dax30, SMI20, ATX20, TOP 30 German Brands,
TOP 50 Swiss Brands, TOP 10 Austrian Brands.
▪ B2C; B2C & B2B; B2B
25LITHIUM CONFIDENTIAL
▪ What are the objectives organizations follow with social media?
▪ Do they have a social media strategy? Which?
▪ How do they implement the strategy into activities?
▪ How do they measure social media success?
26LITHIUM CONFIDENTIAL
▪ On average, social media is important for organizations.
▪ Many firms state that they do not have clearly defined social media objectives.
▪ Customers are the most important social media target group.
▪ Organizations are very heterogeneous when it comes to precise definition of social media
objectives.
▪ The most important objectives across organizations are:
• To increase brand awareness for the organization and for the brand(s)
• To inform customers about products and services
• To increase customer loyalty and retention.
▪ Organizations who have clearly defined objectives either
• don’t measure them
• don’t measure those who are important to them
• or seem to measure them in a wrong way.
27LITHIUM CONFIDENTIAL
Many organizations
responded that they clearly
defined social media
objectives.
… but are they aligned with
the business objectives?
28LITHIUM CONFIDENTIAL
Customers are the most
important social media target
group.
… why not unknown targets
and prospects as social media
is strong in reach,
relationship building and
activation?
29LITHIUM CONFIDENTIAL
▪ The majority of organizations state to have a clearly defined social media strategy.
▪ Strategy is not integrated deeply into core business processes in most organizations.
▪ Surprisingly, of the firms with no highly defined strategy, about half considers themselves
intensively involved in social media channels.
▪ Firms attributing the highest importance to social media predict lowest future social
media budget.
▪ Strategies are predominantly formulated by the marketing or corporate communications
department. Senior management is sometimes involved.
30LITHIUM CONFIDENTIAL
Less then 5% fully agree that
their social media strategy is
deeply integrated into their
core business processes.
… how valuable is a social
media strategy if it does not
support core business
processes and success?
31LITHIUM CONFIDENTIAL
▪ Organizations are on average active on 6 social media channels.
▪ Organizations tend to be most active on those platforms most users reach. Facebook is
most important.
▪ Social marketing and social support are perceived as most important activities.
▪ Activities seem to often work as separated from each other, rather than connected and
linked to an overall strategy.
▪ Communities, which are – contrary to other social media channels - suited for
engagement are only provided by a few firms.
32LITHIUM CONFIDENTIAL
Social Marketing
Social Support
Social Recruiting
Social Innovation
Social Commerce
Importance of different
social business
processes.
… why is the social
business process
providing monetary
contribution rated last ?
33LITHIUM CONFIDENTIAL
Only 17% are deploying
forums and
communities.
… how can you run social
business processes and
deliver a social customer
journey without
communities producing
user generated content ?
34LITHIUM CONFIDENTIAL
▪ Most firms measure and report their social media activities.
▪ Many firms fail to measure metrics they consider important.
▪ Only a few organizations use specific social media KPIs and embed them in overall
company metrics.
▪ Reach, interaction, and traffic on homepage are perceived as most important KPIs to
measure social media success.
▪ A tendency to move from mere reach metrics towards engagement and qualitative KPIs is
perceived by organizations.
▪ Monetary benefits of social media activities only seen by 10% of respondents.
35LITHIUM CONFIDENTIAL
Reach (No. of fans / followers / subscribers / video or photo view)
Interaction (No. of comments / retweets /@replies)
Traffic on own homepage (hits, visits, page views)
Search engine optimization (SEO)
Sentiment (overall image on social media platforms)
Conversion rates
Buzz indicators (web mentions)
Text analysis ratings (others than sentiment)
Net Promoter Score (NPS)
Call deflection
Lithium Confidential 12:15
37LITHIUM CONFIDENTIAL
13:30 – 15:45 Deep Dive and Solutions
2 hours Dave and Joe, Lithium Platform
15:45 – 16:00
Final wrap, thank you, next steps (fall certification workshop,
etc.)
16:00 end
Lithium Confidential 12:30
39LITHIUM CONFIDENTIAL
13:30 – 15:45 Deep Dive and Solutions
2 hours Dave and Joe, Lithium Platform
15:45 – 16:00
Final wrap, thank you, next steps (fall certification workshop,
etc.)
16:00 end
13:30
41LITHIUM CONFIDENTIAL
socialwebsite
in-store phoneCompanies spend millions
every year improving
traditional channels.
Meanwhile their customers
increasing use social
channels!
Social is more than a
channel: it’s a new kind of
relationship with customers.
42LITHIUM CONFIDENTIAL
43LITHIUM CONFIDENTIAL
Objective: ____________________________________________________________________
Target Result: ____________________________________________________________________
Measured How: ____________________________________________________________________
Objective: ____________________________________________________________________
Target Result: ____________________________________________________________________
Measured How: ____________________________________________________________________
Objective: ____________________________________________________________________
Target Result: ____________________________________________________________________
Measured How: ____________________________________________________________________
Given your specific organizational goals, connect your business objectives with the opportunities you’ve discovered.
Define a basic outcome and provide a basis for measurement for each objective.
13:45
45LITHIUM CONFIDENTIAL
Social objects are created and published through social applications.
The social graph drives conversation through the sharing of these objects.
46LITHIUM CONFIDENTIAL
▪ Who is doing what right now
▪ Who is connecting with whom
▪ Who is influencing what?
▪ Metrics
• Members
• Clicks
• Activities
• Follows, Likes, RTs
47LITHIUM CONFIDENTIAL
▪ Organized discussions are:
• Built around a directory of topics
• Organized by interest, product,
application
▪ Common applications:
• Support forums
• Innovation and idea sharing
• Enthusiasts communities
▪ Metrics
• Posts, Views, Kudos
• Ratio: comments/posts
• Trackbacks, references
• Accepted Solutions
48LITHIUM CONFIDENTIAL
▪ “Help” is a core use case
• “help” includes pre-sales!
▪ B2B dealer networks,
supply chain
▪ Metrics
• Members
• Projects
• Posts
▪ Lifestyle, passion or
cause-oriented
49LITHIUM CONFIDENTIAL

50LITHIUM CONFIDENTIAL
▪ Business blogs are generally
focused by the objectives of
the author(s)
▪ Blogs are often run by thought
leaders and influencers
▪ Metrics
• Posts
• Comments
• Ratio: comments/posts
• Trackbacks, references
51LITHIUM CONFIDENTIAL
▪ Executive blogging program
• Created by Marketing champion
• 25% reduction in spend
• Major account wins
• Entire organization now involved
52LITHIUM CONFIDENTIAL
▪ Real-time, short posts
▪ Ideal uses
• For users: “what I need right now”
• For brands:
• Address issues in real-time
• Link to detailed solutions
• Link to promotional offers
▪ Use proper etiquette in private
channels (DM)
▪ Metrics
• Comments
• Replies
• Followers
53LITHIUM CONFIDENTIAL
54LITHIUM CONFIDENTIAL
12 minutes
55LITHIUM CONFIDENTIAL
▪ Thought leadership
▪ Multi-task friendly
▪ B2B applications
▪ Metrics
• Listens
• Subscribes (RSS)
• Pass-alongs
56LITHIUM CONFIDENTIAL
▪ Drive consensus through an
open, visible and curated
process
▪ Useful internally as a
personal publishing
platform, where ideas can
be presented and shaped
57LITHIUM CONFIDENTIAL
▪ Etsy built its member
“how-to” docs on a wiki:
• easy to maintain;
• distribute the work
• wiki acts as publishing
platform and content
management system
58LITHIUM CONFIDENTIAL
▪ Comprehensive web
presence
• website
• event marketing
• forums and idea exchange
• mobile tools
• standard social channels
▪ Social channels drive
product design and provide
feedback points (Migros
listens to customers)
59LITHIUM CONFIDENTIAL
60LITHIUM CONFIDENTIAL
Current: ______________________________________________________________________________
How It Fits: ______________________________________________________________________________
Current: _____________________________________________________________________________
How It Fits : _____________________________________________________________________________
Current: _____________________________________________________________________________
How It Fits : _____________________________________________________________________________
New Idea: _____________________________________________________________________________
How It Fits : _____________________________________________________________________________
Based on what you’ve seen in this section and your business objectives, make a list of what you are doing now, and
then add one thing that you’d like to be doing.
14:15
62LITHIUM CONFIDENTIAL
.COM Source: Forrester. “Interactive Brand Ecosystem”, Nate Elliott, 2011 >
reach strategyengagementowned media
63LITHIUM CONFIDENTIAL
spotting influencers
tracking reputation
campaign management
listening & monitoring
social conversations
about brands, products
and services
customer feedback
64LITHIUM CONFIDENTIAL
 individual conversations require responding, not just monitoring
• 57% of CEOs expect social to be a primary way of
engaging customers within five years1
• 70% of Tweets to brands go unanswered2
• 88% of consumers are less likely to buy from companies
who don’t respond on Twitter3
65LITHIUM CONFIDENTIAL
▪ Recommendations are a
key indicator of future
brand health
66LITHIUM CONFIDENTIAL
▪ What do customers care about?
▪ What do customers say about you?
▪ What do they find talk-worthy?
▪ How likely are they to recommend you?
People experience different aspects of brands in different ways and in
different places. Understanding these experience drivers is the first step
in tapping word-of-mouth. Doing something with them is the second step.
experiences that get
talked about add up to
conversations.
67LITHIUM CONFIDENTIAL
deep dive: touchpoint analysis
Sentiment
talk-value
Performanceoftouchpoint
Value
talk-valueImportanceoftouchpoint
Consistency
talk-value
consistencyoftouchpoint
There are multiple views of touchpoint analysis. Choose the
one(s) that expose the aspects of your business that matter to
your customers, and that you can control.
0 10
10
0 10
10
0 10
10
68LITHIUM CONFIDENTIAL
▪ Journey maps show
the essential
touchpoints from
discovery and
onboarding to upsell
and renewal
▪ Journey maps are
useful when
constructing social
customer experience
programs.
69LITHIUM CONFIDENTIAL
Touchpoint: _______________________________
Your Evaluation: ______
Talk-worthiness Score: ______
Touchpoint: _______________________________
Your Evaluation: ______
Talk-worthiness Score: ______
Touchpoint: _______________________________
Your Evaluation: ______
Talk-worthiness Score: ______
Touchpoint: _______________________________
Your Evaluation: ______
Talk-worthiness Score: ______
Touchpoint: _______________________________
Your Evaluation: ______
Talk-worthiness Score: ______
Touchpoint: _______________________________
Your Evaluation: ______
Talk-worthiness Score: ______
List the important contact points—touchpoints—for your brand. Score each of them according to
how your customers rate their interaction at that touchpoint.
Lithium Confidential 14:35
71LITHIUM CONFIDENTIAL
communities and innovation platforms
knowledge stores
marketing
intelligence
agent engagement
expert engagement
TKB automation
customer
records
CRM system
awareness
consider
purchase
listening
matching
prioritization
workgroups
routing
72LITHIUM CONFIDENTIAL
73LITHIUM CONFIDENTIAL
Communities
Tribal Knowledge
Klout
agent engagement
expert engagement
TKB automation
customer
records
CRM system
awareness
consider
purchase
listening
Social Web
LSI
74LITHIUM CONFIDENTIAL
community registrations
(on domain)
Turned on complete Lithium
platform with Social Web
350k
175k
0
social traffic
(off domain)
Month 5 Month 11
75LITHIUM CONFIDENTIAL
Lithium Confidential 14:45
77LITHIUM CONFIDENTIAL
Primary Value Points:
▪ Cost Savings
▪ Enhanced Sales
▪ Improved CSAT
▪ Improved Acquisition
▪ Knowledge and Insight
78LITHIUM CONFIDENTIAL
79LITHIUM CONFIDENTIAL
Measure : ______________________________________________________________________________
Data Source: ______________________________________________________________________________
Success Value: _____________________________________________________________________________
Measure : _____________________________________________________________________________
Data Source: _____________________________________________________________________________
Success Value: _____________________________________________________________________________
Measure : _____________________________________________________________________________
Data Source: _____________________________________________________________________________
Success Value:_____________________________________________________________________________
Based on what you’ve seen in this section and your business objectives, what are the primary metrics or success
measures that you will track to determine success?
Lithium Confidential
15:00
81LITHIUM CONFIDENTIAL
build advocacy, improve sales.
“The most
recommended
company in its category
grows 2.5x category
average”
Source: Bain & Co.
82LITHIUM CONFIDENTIAL
Objective: ____________________________________________________________________
Target Result: ____________________________________________________________________
Measured How: ____________________________________________________________________
Objective: ____________________________________________________________________
Target Result: ____________________________________________________________________
Measured How: ____________________________________________________________________
Objective: ____________________________________________________________________
Target Result: ____________________________________________________________________
Measured How: ____________________________________________________________________
Given your specific organizational goals, connect your business objectives with the opportunities you’ve discovered.
Define a basic outcome and provide a basis for measurement for each objective.
Lithium Confidential 15:30
84LITHIUM CONFIDENTIAL
.COM Source: Forrester. “Interactive Brand Ecosystem”, Nate Elliott, 2011 >
reach strategyengagementowned media
85LITHIUM CONFIDENTIAL
communities and innovation platforms
knowledge stores
marketing
intelligence
agent engagement
expert engagement
TKB automation
customer
records
CRM system
awareness
consider
purchase
listening
matching
prioritization
workgroups
routing
86LITHIUM CONFIDENTIAL
build advocacy, improve sales.
“The most
recommended
company in its category
grows 2.5x category
average”
Source: Bain & Co.
•
•
•
Lithium Confidential 15:45
Lithium Confidential 16:00

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Lithium Social Strategy Workshop Frankfurt

  • 1. Frankfurt re-invent how brands connect with their customers
  • 2. 2LITHIUM CONFIDENTIAL 10.30 Registration, coffee, networking 11.00 Keynote: Using social to re-invent how brands connect with their customers 11.30 Vortrag & Diskussion: Learnings aus der Studie "Challenges & Opportunities of Social Business Solutions" - wo stehen DACH- Unternehmen und was sind ihre Herausforderungen? 12.15 Discussion/ Q&A 12.30 Lunch
  • 3. Lithium Confidential “using social to re-invent how brands connect with their customers" 11:00
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  • 5. WE LEAD A DIGITAL LIFE...
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  • 12. we all have extreme expectations
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  • 18. 18LITHIUM CONFIDENTIAL socialwebsite in-store phoneCompanies spend millions every year improving traditional channels. Meanwhile their customers increasing use social channels! Social is more than a channel: it’s a new kind of relationship with customers.
  • 20. Lithium Confidential “Challenges & Opportunities of Social Business Solutions of the Largest Organizations in DACH” Andreas Nicklas 11:30
  • 21. 21LITHIUM CONFIDENTIAL Less then 5% fully agree that their social media strategy is deeply integrated into their core business processes.
  • 22.
  • 23. 23LITHIUM CONFIDENTIAL ▪ Why are organizations hesitant to social business? ▪ While organizations think social business don’t they talk about social media in reality? ▪ Is the value add of social media in comparison to traditional media understood (push versus pull; paid media versus earned media)? ▪ Are the distinctions between reach, activation and engagement are known? ▪ What is the importance of user generated content and communities for social business processes and social customer experience? ▪ Is the business value of social and the related KPIs understood?
  • 24. 24LITHIUM CONFIDENTIAL ▪ Prof. Dr. René Algesheimer, Chair of Marketing and Market Research UZH: Europe’s most renowned expert for social media and social business. ▪ René and his chair got selected for a multi year research project about social media from the Swiss government. ▪ René built a social media competence center incl. project manager Margot Löwenberg. ▪ With SAP, netconomy, coUNDco und Ogilvy/Etecture additional holder of competence joined. ▪ Start February 2013. Finish February 2014. ▪ Participated organizations selected out of: Dax30, SMI20, ATX20, TOP 30 German Brands, TOP 50 Swiss Brands, TOP 10 Austrian Brands. ▪ B2C; B2C & B2B; B2B
  • 25. 25LITHIUM CONFIDENTIAL ▪ What are the objectives organizations follow with social media? ▪ Do they have a social media strategy? Which? ▪ How do they implement the strategy into activities? ▪ How do they measure social media success?
  • 26. 26LITHIUM CONFIDENTIAL ▪ On average, social media is important for organizations. ▪ Many firms state that they do not have clearly defined social media objectives. ▪ Customers are the most important social media target group. ▪ Organizations are very heterogeneous when it comes to precise definition of social media objectives. ▪ The most important objectives across organizations are: • To increase brand awareness for the organization and for the brand(s) • To inform customers about products and services • To increase customer loyalty and retention. ▪ Organizations who have clearly defined objectives either • don’t measure them • don’t measure those who are important to them • or seem to measure them in a wrong way.
  • 27. 27LITHIUM CONFIDENTIAL Many organizations responded that they clearly defined social media objectives. … but are they aligned with the business objectives?
  • 28. 28LITHIUM CONFIDENTIAL Customers are the most important social media target group. … why not unknown targets and prospects as social media is strong in reach, relationship building and activation?
  • 29. 29LITHIUM CONFIDENTIAL ▪ The majority of organizations state to have a clearly defined social media strategy. ▪ Strategy is not integrated deeply into core business processes in most organizations. ▪ Surprisingly, of the firms with no highly defined strategy, about half considers themselves intensively involved in social media channels. ▪ Firms attributing the highest importance to social media predict lowest future social media budget. ▪ Strategies are predominantly formulated by the marketing or corporate communications department. Senior management is sometimes involved.
  • 30. 30LITHIUM CONFIDENTIAL Less then 5% fully agree that their social media strategy is deeply integrated into their core business processes. … how valuable is a social media strategy if it does not support core business processes and success?
  • 31. 31LITHIUM CONFIDENTIAL ▪ Organizations are on average active on 6 social media channels. ▪ Organizations tend to be most active on those platforms most users reach. Facebook is most important. ▪ Social marketing and social support are perceived as most important activities. ▪ Activities seem to often work as separated from each other, rather than connected and linked to an overall strategy. ▪ Communities, which are – contrary to other social media channels - suited for engagement are only provided by a few firms.
  • 32. 32LITHIUM CONFIDENTIAL Social Marketing Social Support Social Recruiting Social Innovation Social Commerce Importance of different social business processes. … why is the social business process providing monetary contribution rated last ?
  • 33. 33LITHIUM CONFIDENTIAL Only 17% are deploying forums and communities. … how can you run social business processes and deliver a social customer journey without communities producing user generated content ?
  • 34. 34LITHIUM CONFIDENTIAL ▪ Most firms measure and report their social media activities. ▪ Many firms fail to measure metrics they consider important. ▪ Only a few organizations use specific social media KPIs and embed them in overall company metrics. ▪ Reach, interaction, and traffic on homepage are perceived as most important KPIs to measure social media success. ▪ A tendency to move from mere reach metrics towards engagement and qualitative KPIs is perceived by organizations. ▪ Monetary benefits of social media activities only seen by 10% of respondents.
  • 35. 35LITHIUM CONFIDENTIAL Reach (No. of fans / followers / subscribers / video or photo view) Interaction (No. of comments / retweets /@replies) Traffic on own homepage (hits, visits, page views) Search engine optimization (SEO) Sentiment (overall image on social media platforms) Conversion rates Buzz indicators (web mentions) Text analysis ratings (others than sentiment) Net Promoter Score (NPS) Call deflection
  • 37. 37LITHIUM CONFIDENTIAL 13:30 – 15:45 Deep Dive and Solutions 2 hours Dave and Joe, Lithium Platform 15:45 – 16:00 Final wrap, thank you, next steps (fall certification workshop, etc.) 16:00 end
  • 39. 39LITHIUM CONFIDENTIAL 13:30 – 15:45 Deep Dive and Solutions 2 hours Dave and Joe, Lithium Platform 15:45 – 16:00 Final wrap, thank you, next steps (fall certification workshop, etc.) 16:00 end
  • 40. 13:30
  • 41. 41LITHIUM CONFIDENTIAL socialwebsite in-store phoneCompanies spend millions every year improving traditional channels. Meanwhile their customers increasing use social channels! Social is more than a channel: it’s a new kind of relationship with customers.
  • 43. 43LITHIUM CONFIDENTIAL Objective: ____________________________________________________________________ Target Result: ____________________________________________________________________ Measured How: ____________________________________________________________________ Objective: ____________________________________________________________________ Target Result: ____________________________________________________________________ Measured How: ____________________________________________________________________ Objective: ____________________________________________________________________ Target Result: ____________________________________________________________________ Measured How: ____________________________________________________________________ Given your specific organizational goals, connect your business objectives with the opportunities you’ve discovered. Define a basic outcome and provide a basis for measurement for each objective.
  • 44. 13:45
  • 45. 45LITHIUM CONFIDENTIAL Social objects are created and published through social applications. The social graph drives conversation through the sharing of these objects.
  • 46. 46LITHIUM CONFIDENTIAL ▪ Who is doing what right now ▪ Who is connecting with whom ▪ Who is influencing what? ▪ Metrics • Members • Clicks • Activities • Follows, Likes, RTs
  • 47. 47LITHIUM CONFIDENTIAL ▪ Organized discussions are: • Built around a directory of topics • Organized by interest, product, application ▪ Common applications: • Support forums • Innovation and idea sharing • Enthusiasts communities ▪ Metrics • Posts, Views, Kudos • Ratio: comments/posts • Trackbacks, references • Accepted Solutions
  • 48. 48LITHIUM CONFIDENTIAL ▪ “Help” is a core use case • “help” includes pre-sales! ▪ B2B dealer networks, supply chain ▪ Metrics • Members • Projects • Posts ▪ Lifestyle, passion or cause-oriented
  • 50. 50LITHIUM CONFIDENTIAL ▪ Business blogs are generally focused by the objectives of the author(s) ▪ Blogs are often run by thought leaders and influencers ▪ Metrics • Posts • Comments • Ratio: comments/posts • Trackbacks, references
  • 51. 51LITHIUM CONFIDENTIAL ▪ Executive blogging program • Created by Marketing champion • 25% reduction in spend • Major account wins • Entire organization now involved
  • 52. 52LITHIUM CONFIDENTIAL ▪ Real-time, short posts ▪ Ideal uses • For users: “what I need right now” • For brands: • Address issues in real-time • Link to detailed solutions • Link to promotional offers ▪ Use proper etiquette in private channels (DM) ▪ Metrics • Comments • Replies • Followers
  • 55. 55LITHIUM CONFIDENTIAL ▪ Thought leadership ▪ Multi-task friendly ▪ B2B applications ▪ Metrics • Listens • Subscribes (RSS) • Pass-alongs
  • 56. 56LITHIUM CONFIDENTIAL ▪ Drive consensus through an open, visible and curated process ▪ Useful internally as a personal publishing platform, where ideas can be presented and shaped
  • 57. 57LITHIUM CONFIDENTIAL ▪ Etsy built its member “how-to” docs on a wiki: • easy to maintain; • distribute the work • wiki acts as publishing platform and content management system
  • 58. 58LITHIUM CONFIDENTIAL ▪ Comprehensive web presence • website • event marketing • forums and idea exchange • mobile tools • standard social channels ▪ Social channels drive product design and provide feedback points (Migros listens to customers)
  • 60. 60LITHIUM CONFIDENTIAL Current: ______________________________________________________________________________ How It Fits: ______________________________________________________________________________ Current: _____________________________________________________________________________ How It Fits : _____________________________________________________________________________ Current: _____________________________________________________________________________ How It Fits : _____________________________________________________________________________ New Idea: _____________________________________________________________________________ How It Fits : _____________________________________________________________________________ Based on what you’ve seen in this section and your business objectives, make a list of what you are doing now, and then add one thing that you’d like to be doing.
  • 61. 14:15
  • 62. 62LITHIUM CONFIDENTIAL .COM Source: Forrester. “Interactive Brand Ecosystem”, Nate Elliott, 2011 > reach strategyengagementowned media
  • 63. 63LITHIUM CONFIDENTIAL spotting influencers tracking reputation campaign management listening & monitoring social conversations about brands, products and services customer feedback
  • 64. 64LITHIUM CONFIDENTIAL  individual conversations require responding, not just monitoring • 57% of CEOs expect social to be a primary way of engaging customers within five years1 • 70% of Tweets to brands go unanswered2 • 88% of consumers are less likely to buy from companies who don’t respond on Twitter3
  • 65. 65LITHIUM CONFIDENTIAL ▪ Recommendations are a key indicator of future brand health
  • 66. 66LITHIUM CONFIDENTIAL ▪ What do customers care about? ▪ What do customers say about you? ▪ What do they find talk-worthy? ▪ How likely are they to recommend you? People experience different aspects of brands in different ways and in different places. Understanding these experience drivers is the first step in tapping word-of-mouth. Doing something with them is the second step. experiences that get talked about add up to conversations.
  • 67. 67LITHIUM CONFIDENTIAL deep dive: touchpoint analysis Sentiment talk-value Performanceoftouchpoint Value talk-valueImportanceoftouchpoint Consistency talk-value consistencyoftouchpoint There are multiple views of touchpoint analysis. Choose the one(s) that expose the aspects of your business that matter to your customers, and that you can control. 0 10 10 0 10 10 0 10 10
  • 68. 68LITHIUM CONFIDENTIAL ▪ Journey maps show the essential touchpoints from discovery and onboarding to upsell and renewal ▪ Journey maps are useful when constructing social customer experience programs.
  • 69. 69LITHIUM CONFIDENTIAL Touchpoint: _______________________________ Your Evaluation: ______ Talk-worthiness Score: ______ Touchpoint: _______________________________ Your Evaluation: ______ Talk-worthiness Score: ______ Touchpoint: _______________________________ Your Evaluation: ______ Talk-worthiness Score: ______ Touchpoint: _______________________________ Your Evaluation: ______ Talk-worthiness Score: ______ Touchpoint: _______________________________ Your Evaluation: ______ Talk-worthiness Score: ______ Touchpoint: _______________________________ Your Evaluation: ______ Talk-worthiness Score: ______ List the important contact points—touchpoints—for your brand. Score each of them according to how your customers rate their interaction at that touchpoint.
  • 71. 71LITHIUM CONFIDENTIAL communities and innovation platforms knowledge stores marketing intelligence agent engagement expert engagement TKB automation customer records CRM system awareness consider purchase listening matching prioritization workgroups routing
  • 73. 73LITHIUM CONFIDENTIAL Communities Tribal Knowledge Klout agent engagement expert engagement TKB automation customer records CRM system awareness consider purchase listening Social Web LSI
  • 74. 74LITHIUM CONFIDENTIAL community registrations (on domain) Turned on complete Lithium platform with Social Web 350k 175k 0 social traffic (off domain) Month 5 Month 11
  • 77. 77LITHIUM CONFIDENTIAL Primary Value Points: ▪ Cost Savings ▪ Enhanced Sales ▪ Improved CSAT ▪ Improved Acquisition ▪ Knowledge and Insight
  • 79. 79LITHIUM CONFIDENTIAL Measure : ______________________________________________________________________________ Data Source: ______________________________________________________________________________ Success Value: _____________________________________________________________________________ Measure : _____________________________________________________________________________ Data Source: _____________________________________________________________________________ Success Value: _____________________________________________________________________________ Measure : _____________________________________________________________________________ Data Source: _____________________________________________________________________________ Success Value:_____________________________________________________________________________ Based on what you’ve seen in this section and your business objectives, what are the primary metrics or success measures that you will track to determine success?
  • 81. 81LITHIUM CONFIDENTIAL build advocacy, improve sales. “The most recommended company in its category grows 2.5x category average” Source: Bain & Co.
  • 82. 82LITHIUM CONFIDENTIAL Objective: ____________________________________________________________________ Target Result: ____________________________________________________________________ Measured How: ____________________________________________________________________ Objective: ____________________________________________________________________ Target Result: ____________________________________________________________________ Measured How: ____________________________________________________________________ Objective: ____________________________________________________________________ Target Result: ____________________________________________________________________ Measured How: ____________________________________________________________________ Given your specific organizational goals, connect your business objectives with the opportunities you’ve discovered. Define a basic outcome and provide a basis for measurement for each objective.
  • 84. 84LITHIUM CONFIDENTIAL .COM Source: Forrester. “Interactive Brand Ecosystem”, Nate Elliott, 2011 > reach strategyengagementowned media
  • 85. 85LITHIUM CONFIDENTIAL communities and innovation platforms knowledge stores marketing intelligence agent engagement expert engagement TKB automation customer records CRM system awareness consider purchase listening matching prioritization workgroups routing
  • 86. 86LITHIUM CONFIDENTIAL build advocacy, improve sales. “The most recommended company in its category grows 2.5x category average” Source: Bain & Co.