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Caterpillar - What’s New in Social Media
and How to Use it for Branding
                          @KevinGEspinosa | January 30, 2013
Kevin Espinosa

•Social Media Manager

•25 years at Caterpillar

•Responsible for developing
Caterpillar’s public facing social
media strategy, implementation,
processes, platforms, and
organization
                                             @kevingespinosa
                                     Caterpillar: Confidential Yellow
About Caterpillar Inc.

A global leader in size, scope, reach and character, Caterpillar Inc. is a
genuine enabler of sustainable world progress and opportunity, defined by the
brand attributes of global leadership, innovation, and sustainability.




• 125,000+ Employees
• Sales & Revenue +$60 Billion
• 191 Cat Dealers Around the Globe




                                                                         @kevingespinosa
Caterpillar’s Customer Segments




                                  @kevingespinosa
@kevingespinosa
What Has Changed because
of Social Media?




                                   @kevingespinosa
                           Caterpillar: Confidential Yellow
@kevingespinosa
Caterpillar: Confidential Yellow
Leveraging Social Media to Meet Business Needs


Product Development       Marketing             Online Presence
•Feedback loop            •Lead generation      •Ratings/reviews
•Early warning            •Reach                •Communities
•Product innovation/VOC                         •Customer stories




Expert Advice             Customer Support      Corporate
•Forums                   •Inquiry resolution   •Reach
•Blogs                    •Listening            •Reputation
                          •Customer insight     •Press Release
                                                •Security



                                                                      @kevingespinosa
                                                              Caterpillar: Confidential Yellow
@kevingespinosa
Social Media Strategy: Capabilities to
Build Customer Relationship


       Social      Promotion   Thought      Customer
       Listening               Leadership   Support




                                                               @kevingespinosa
                                                       Caterpillar: Confidential Yellow
Giving the                             Always there for
                    Customer what    Providing Solutions
Understanding the                                          the Customer
                    they need when   to our Customers
Customer’s needs    they need it



 Social              Promotion       Thought               Customer
 Listening                           Leadership            Support




                                                                                      @kevingespinosa
                                                                              Caterpillar: Confidential Yellow
Enterprise Impact of Social Listening
> Deeper insight into what is being said about us, including:
    >   Who is talking about us
    >   What they are talking about
    >   What our competitors are doing
    >   Key influencers (individuals and sites)
                                                                     Social
    >   Tone of conversations: positive, neutral or negative         Listening



    Includes social and business networking sites, content sharing
    sites, blogs, Wikis, discussion forums and many more digital
    communication channels.                                            1
                                             Forum




                                                                       @kevingespinosa
Real Time   Historical


                         @kevingespinosa
@kevingespinosa
Caterpillar
 > Date: 10/5/2012 ~ 1/3/2013

 > Web data collection by Radian6
   & Sysomos
    > Over 76,000 posts


 > Observation
    > News articles make up a large
      portion of social media volume
    > Twitter, Forums, and Blogs are
      nearly equivalent

                                       [ Media Distribution ]
 > What topics drive volume from
   each media type?                                             @kevingespinosa
Sentiment
> Forums, Blogs, and News are generally consistent with ~60% positive
  sentiment, while Twitter remains highly neutral




                                                                @kevingespinosa
Operationalize: integrate
the new with the old




                                    @kevingespinosa
                            Caterpillar: Confidential Yellow
Social Media is Often the First Point of Contact
  and Last Line of Defense




  Thought
 Leadership                                   Promotion




Customer Support                              Social
                                             Listening




                                                 @kevingespinosa
@kevingespinosa
Caterpillar: Confidential Yellow
Post With Purpose


        Centralized editorial calendar

        Content distribution to business units and dealers


        Robust metrics reporting
  %




                                                  @kevingespinosa
New ways of doing things




                                   @kevingespinosa
                           Caterpillar: Confidential Yellow
@kevingespinosa
@kevingespinosa
Caterpillar: Confidential Yellow
What Does success look
like?




                                 @kevingespinosa
                         Caterpillar: Confidential Yellow
@kevingespinosa
Customer Support

> 33% – Seeking Opinion

> 39% – Information Request

> 25% – Mechanical Problem




                              @kevingespinosa
Things to consider in your
social media journey




                                     @kevingespinosa
                             Caterpillar: Confidential Yellow
@kevingespinosa
Caterpillar: Confidential Yellow
Integrate – Integrate - Integrate




                                            @kevingespinosa
                                    Caterpillar: Confidential Yellow
Be Prepared




                      @kevingespinosa
              Caterpillar: Confidential Yellow
The Power is IN the PEOPLE




                             @kevingespinosa
B2B Social Media Strategy - The Caterpillar Journey @kevingespinosa

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B2B Social Media Strategy - The Caterpillar Journey @kevingespinosa

  • 1. Caterpillar - What’s New in Social Media and How to Use it for Branding @KevinGEspinosa | January 30, 2013
  • 2. Kevin Espinosa •Social Media Manager •25 years at Caterpillar •Responsible for developing Caterpillar’s public facing social media strategy, implementation, processes, platforms, and organization @kevingespinosa Caterpillar: Confidential Yellow
  • 3. About Caterpillar Inc. A global leader in size, scope, reach and character, Caterpillar Inc. is a genuine enabler of sustainable world progress and opportunity, defined by the brand attributes of global leadership, innovation, and sustainability. • 125,000+ Employees • Sales & Revenue +$60 Billion • 191 Cat Dealers Around the Globe @kevingespinosa
  • 6. What Has Changed because of Social Media? @kevingespinosa Caterpillar: Confidential Yellow
  • 8. Leveraging Social Media to Meet Business Needs Product Development Marketing Online Presence •Feedback loop •Lead generation •Ratings/reviews •Early warning •Reach •Communities •Product innovation/VOC •Customer stories Expert Advice Customer Support Corporate •Forums •Inquiry resolution •Reach •Blogs •Listening •Reputation •Customer insight •Press Release •Security @kevingespinosa Caterpillar: Confidential Yellow
  • 10. Social Media Strategy: Capabilities to Build Customer Relationship Social Promotion Thought Customer Listening Leadership Support @kevingespinosa Caterpillar: Confidential Yellow
  • 11. Giving the Always there for Customer what Providing Solutions Understanding the the Customer they need when to our Customers Customer’s needs they need it Social Promotion Thought Customer Listening Leadership Support @kevingespinosa Caterpillar: Confidential Yellow
  • 12. Enterprise Impact of Social Listening > Deeper insight into what is being said about us, including: > Who is talking about us > What they are talking about > What our competitors are doing > Key influencers (individuals and sites) Social > Tone of conversations: positive, neutral or negative Listening Includes social and business networking sites, content sharing sites, blogs, Wikis, discussion forums and many more digital communication channels. 1 Forum @kevingespinosa
  • 13. Real Time Historical @kevingespinosa
  • 15. Caterpillar > Date: 10/5/2012 ~ 1/3/2013 > Web data collection by Radian6 & Sysomos > Over 76,000 posts > Observation > News articles make up a large portion of social media volume > Twitter, Forums, and Blogs are nearly equivalent [ Media Distribution ] > What topics drive volume from each media type? @kevingespinosa
  • 16. Sentiment > Forums, Blogs, and News are generally consistent with ~60% positive sentiment, while Twitter remains highly neutral @kevingespinosa
  • 17. Operationalize: integrate the new with the old @kevingespinosa Caterpillar: Confidential Yellow
  • 18. Social Media is Often the First Point of Contact and Last Line of Defense Thought Leadership Promotion Customer Support Social Listening @kevingespinosa
  • 20. Post With Purpose Centralized editorial calendar Content distribution to business units and dealers Robust metrics reporting % @kevingespinosa
  • 21. New ways of doing things @kevingespinosa Caterpillar: Confidential Yellow
  • 24. What Does success look like? @kevingespinosa Caterpillar: Confidential Yellow
  • 26. Customer Support > 33% – Seeking Opinion > 39% – Information Request > 25% – Mechanical Problem @kevingespinosa
  • 27. Things to consider in your social media journey @kevingespinosa Caterpillar: Confidential Yellow
  • 29. Integrate – Integrate - Integrate @kevingespinosa Caterpillar: Confidential Yellow
  • 30. Be Prepared @kevingespinosa Caterpillar: Confidential Yellow
  • 31. The Power is IN the PEOPLE @kevingespinosa

Notes de l'éditeur

  1. Forms of electronic communication (as Web sites for social networking and micro-blogging) through which users create online communities to share information, ideas, personal messages, and other content (as videos).