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VIPdesk Webinar Series

                                               How Quicken Loans Uses
Presented by:                                  Social Media to Strengthen
Clayton Closson                                Customer Relationships
Web Content Manager
Quicken Loans

Kelly LaVaute
Social Media Manager
Quicken Loans                                                        View the Webinar



                324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   1
Today’s Agenda

• The importance of reputation management and customer
  communication via social media
• How Quicken Loans makes it easy for their customers to
  communicate with them via social media channels
• What social media tools Quicken Loans is using for
  communicating with its customers
• Best practices for communicating with customers via social
  media
• Lessons Quicken Loans has learned
• Suggestions for other brands starting the social customer
  communication process

       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   2
The Presenters




    Clayton Closson                                                                   Kelly LaVaute
    Website Content                                                                   Social Media
    Manager                                                                           Manager
    Quicken Loans                                                                     Quicken Loans


     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   3
Tweeting about Today’s Webinar?




                 Hashtag: #vipdesk




    324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   4
About Quicken Loans

• Founded in 1985 - Privately owned
• The nation’s largest online retail lender
• The 5th largest overall lender
• $25 billion in closed loans in 2009
• One million closed loans since 1985
About Quicken Loans

 • We work with 10,000 new clients daily
 • 300-500 closed loans every day
 • 94% of closed clients would recommend us
 • 49-member Client Relations Team
 • Social Media Manager is liaison between Client Relations
   and our clients
Why would we a get complaint?

• Complaints represent only .33% of our clients
• Misunderstandings about:
    Real estate appraisals
    Quicken Loans Deposit




      324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   7
Our Reputation Management Approach

1. Respond to complaints
2. Educate and react
3. Encourage positive reviews




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   8
Respond to Complaints

• Get buy-in from senior mgt, PR and Legal
• Make sure offline resolution process is in place




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   9
Respond to Complaints

• Change in online client relations strategy
• Put our social media manager on front line
• Answer and resolve every complaint – blogs, review sites,
  complaints sites, social media, offline




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   10
Educate and React

•   Responding isn’t enough
•   We need to ADDRESS any issues
•   EDUCATE our clients
•   REACT by improving our processes




        324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   11
Educate and React

• Created information about appraisals
• Articles on our site
• Videos




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   12
Educate and React

• Answer questions as a Knowledge
  Partner in Yahoo! Answers




      324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   13
Educate and React




     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   14
Educate and React

• Added appraisal and deposit information to
  MyQuickenLoans.com
• Every client sees this BEFORE they sign their documents




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   15
Educate and React

• Created information about Quicken Loans Deposit
• Article on our sites
• Video




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   16
Educate and React




     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   17
Encourage Positive Reviews

• 94% of our clients would recommend us, but most
  online reviews were negative, so…

   • We send EVERY closed client an invitation to review us, and…


   • We ask happy clients to do video testimonial. Send them a FLIP.




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   18
Encourage Positive Reviews




     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   19
Encourage Positive Reviews




     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   20
Encourage Positive Reviews
Encourage Positive Reviews
Examples from
the Front




          Kelly@quickenloans.com
We don’t pay for monitoring. There are too many free tools!
Looking for a list of tools?



        http://wiki.kenburbary.com/
Who wants to know?
The Good
The Bad
Examples from the Front
Examples from the Front
Examples from the Front
Examples from the Front
Examples from the Front
Examples from the Front
Examples from the Front
Quicken Loans’ Social Networks
 •   Twitter
 •   Facebook
 •   Yahoo! Answers
 •   YouTube
 •   FriendFeed
 •   Flickr
 •   Zillow
 •   Linked In
 •   Active Rain
Quicken Loans’ Review Sites
 • QuickenLoansReviews.com
 • Epinions
 • Viewpoints
 • Facebook reviews
 • YouTube
Quicken Loans-Operated Blogs

 • What’s The DIFF? blog
 • Community DIFF
 • Quicken Loans Insider
 • Quicken Loans Mortgage News
In Conclusion…

• Look for EVERY opportunity
• See complaints as an opportunity to educate the public
 and improve internally
• Make it easy for your clients to review you - offer
 incentives?
• Make SURE you have buy-in from stakeholders and
 internal processes that work
• Importance of offline Reputation Mgt. initiatives
VIPdesk. Making
  Great Brands Even
  Better.




Questions and Discussion



     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   40
Upcoming VIPdesk Webinars

November 2010
•November 9: Customer Experience Management: The Key to
 Continued Business Growth & Success


December 2010
•December 8: How to Integrate Social Media Into Your Contact Center




        324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   41
VIPdesk. Making
 Great Brands Even
 Better.




About Us




    324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   42
Connect With Us Online

              Website: http://www.vipdesk.com

              Blog: http://blog.vipdesk.com

              Twitter: http://twitter.com/vipdesk

              Facebook: http://facebook.com/vipdesk

              LinkedIn: http://linkedin.com/companies/vipdesk

              YouTube: http://youtube.com/user/vipdesk

              Via RSS: http://twitter.com/statuses/user_timeline/23095083.rss

     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   43
Making Great Brands Even Better


Serving as a seamless extension of leading brands, our innovative
   Brand Experience Management Solutions deliver memorable
customer experiences, business insights and actionable intelligence
  that generate customer advocacy and drive business growth.




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   44
VIPdesk Service Offerings




                                                                                                                                         Voice of
 Concierge     Customer                         Social                                                                                  Customer
                                                                         Experiential                         IVR
and Loyalty      Care                           Media                                                                                   Surveying
                                                                          Programs                          Services
  Services     Solutions                       Support                                                                                     and
                                                                                                                                        Analytics




              324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   45
Customer Care Experts

• 20+ years of customer service experience
• 10+ years optimizing home-based model
• Expertise in virtual recruiting, training and performance
  management
• Demographically matched Brand Ambassadors and
  Concierges
• Unique platform, processes and culture




       324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   46
Brand Leaders Trust VIPdesk




     324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 |   47
VIPdesk. Making
Great Brands Even
Better.


      Clayton Closson                                 Kelly LaVaute
   Website Content Manager                        Social Media Manager


           (313) 373-3070                           (313) 373-3021
 ClaytonClosson@QuickenLoans.com           KellyLaVaute@QuickenLoans.com
   www.twitter.com/quickenloans             www.twitter.com/quickenloans
       www.QuickenLoans.com                     www.QuickenLoans.com



                           (703) 837-3507
                        marketing@vipdesk.com
                        www.twitter.com/vipdesk
                          www.vipdesk.com

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How Quicken Loans Uses Social Media To Strengthen Customer Relationships 102510

  • 1. VIPdesk Webinar Series How Quicken Loans Uses Presented by: Social Media to Strengthen Clayton Closson Customer Relationships Web Content Manager Quicken Loans Kelly LaVaute Social Media Manager Quicken Loans View the Webinar 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 1
  • 2. Today’s Agenda • The importance of reputation management and customer communication via social media • How Quicken Loans makes it easy for their customers to communicate with them via social media channels • What social media tools Quicken Loans is using for communicating with its customers • Best practices for communicating with customers via social media • Lessons Quicken Loans has learned • Suggestions for other brands starting the social customer communication process 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 2
  • 3. The Presenters Clayton Closson Kelly LaVaute Website Content Social Media Manager Manager Quicken Loans Quicken Loans 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 3
  • 4. Tweeting about Today’s Webinar? Hashtag: #vipdesk 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 4
  • 5. About Quicken Loans • Founded in 1985 - Privately owned • The nation’s largest online retail lender • The 5th largest overall lender • $25 billion in closed loans in 2009 • One million closed loans since 1985
  • 6. About Quicken Loans • We work with 10,000 new clients daily • 300-500 closed loans every day • 94% of closed clients would recommend us • 49-member Client Relations Team • Social Media Manager is liaison between Client Relations and our clients
  • 7. Why would we a get complaint? • Complaints represent only .33% of our clients • Misunderstandings about:  Real estate appraisals  Quicken Loans Deposit 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 7
  • 8. Our Reputation Management Approach 1. Respond to complaints 2. Educate and react 3. Encourage positive reviews 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 8
  • 9. Respond to Complaints • Get buy-in from senior mgt, PR and Legal • Make sure offline resolution process is in place 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 9
  • 10. Respond to Complaints • Change in online client relations strategy • Put our social media manager on front line • Answer and resolve every complaint – blogs, review sites, complaints sites, social media, offline 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 10
  • 11. Educate and React • Responding isn’t enough • We need to ADDRESS any issues • EDUCATE our clients • REACT by improving our processes 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 11
  • 12. Educate and React • Created information about appraisals • Articles on our site • Videos 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 12
  • 13. Educate and React • Answer questions as a Knowledge Partner in Yahoo! Answers 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 13
  • 14. Educate and React 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 14
  • 15. Educate and React • Added appraisal and deposit information to MyQuickenLoans.com • Every client sees this BEFORE they sign their documents 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 15
  • 16. Educate and React • Created information about Quicken Loans Deposit • Article on our sites • Video 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 16
  • 17. Educate and React 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 17
  • 18. Encourage Positive Reviews • 94% of our clients would recommend us, but most online reviews were negative, so… • We send EVERY closed client an invitation to review us, and… • We ask happy clients to do video testimonial. Send them a FLIP. 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 18
  • 19. Encourage Positive Reviews 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 19
  • 20. Encourage Positive Reviews 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 20
  • 23. Examples from the Front Kelly@quickenloans.com
  • 24. We don’t pay for monitoring. There are too many free tools!
  • 25. Looking for a list of tools? http://wiki.kenburbary.com/
  • 26. Who wants to know?
  • 36. Quicken Loans’ Social Networks • Twitter • Facebook • Yahoo! Answers • YouTube • FriendFeed • Flickr • Zillow • Linked In • Active Rain
  • 37. Quicken Loans’ Review Sites • QuickenLoansReviews.com • Epinions • Viewpoints • Facebook reviews • YouTube
  • 38. Quicken Loans-Operated Blogs • What’s The DIFF? blog • Community DIFF • Quicken Loans Insider • Quicken Loans Mortgage News
  • 39. In Conclusion… • Look for EVERY opportunity • See complaints as an opportunity to educate the public and improve internally • Make it easy for your clients to review you - offer incentives? • Make SURE you have buy-in from stakeholders and internal processes that work • Importance of offline Reputation Mgt. initiatives
  • 40. VIPdesk. Making Great Brands Even Better. Questions and Discussion 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 40
  • 41. Upcoming VIPdesk Webinars November 2010 •November 9: Customer Experience Management: The Key to Continued Business Growth & Success December 2010 •December 8: How to Integrate Social Media Into Your Contact Center 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 41
  • 42. VIPdesk. Making Great Brands Even Better. About Us 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 42
  • 43. Connect With Us Online Website: http://www.vipdesk.com Blog: http://blog.vipdesk.com Twitter: http://twitter.com/vipdesk Facebook: http://facebook.com/vipdesk LinkedIn: http://linkedin.com/companies/vipdesk YouTube: http://youtube.com/user/vipdesk Via RSS: http://twitter.com/statuses/user_timeline/23095083.rss 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 43
  • 44. Making Great Brands Even Better Serving as a seamless extension of leading brands, our innovative Brand Experience Management Solutions deliver memorable customer experiences, business insights and actionable intelligence that generate customer advocacy and drive business growth. 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 44
  • 45. VIPdesk Service Offerings Voice of Concierge Customer Social Customer Experiential IVR and Loyalty Care Media Surveying Programs Services Services Solutions Support and Analytics 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 45
  • 46. Customer Care Experts • 20+ years of customer service experience • 10+ years optimizing home-based model • Expertise in virtual recruiting, training and performance management • Demographically matched Brand Ambassadors and Concierges • Unique platform, processes and culture 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 46
  • 47. Brand Leaders Trust VIPdesk 324 Fairfax Street | Alexandria, VA 22314 | 703-837-3518 | vipdesk.com | Confidential proprietary VIPdesk information | 2010 | 47
  • 48. VIPdesk. Making Great Brands Even Better. Clayton Closson Kelly LaVaute Website Content Manager Social Media Manager (313) 373-3070 (313) 373-3021 ClaytonClosson@QuickenLoans.com KellyLaVaute@QuickenLoans.com www.twitter.com/quickenloans www.twitter.com/quickenloans www.QuickenLoans.com www.QuickenLoans.com (703) 837-3507 marketing@vipdesk.com www.twitter.com/vipdesk www.vipdesk.com