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KEYNOTE:
The Secret Sauce for
Building Digital Relationships


          SARAH
          ROTMAN EPPS
          Senior Analyst
          Forrester Research
The Secret Sauce For Building
Digital Relationships
Sarah Rotman Epps, Senior Analyst
August 8, 2012


Twitter: @srepps
How do you create customer
    relationships in your business?
    Grocery clerk, c. 1935




    Image source: Crooked Lake Review

© 2012 Forrester Research, Inc. Reproduction Prohibited   3
Digital technology makes some
    relationships less personal
    Online grocery shopping, 2012




    Image source: Peapod website

© 2012 Forrester Research, Inc. Reproduction Prohibited   4
But digital can also enable relationships
    where none were possible before




Image source: Samsung Nation (www.samsung.com/us/samsungnation/)
© 2012 Forrester Research, Inc. Reproduction Prohibited            5
Digital relationships are crucial for
    competing in the digital age
    HOW NETFLIX SUCCEEDED WHERE EVERYONE ELSE IN VIDEO FAILED

    Netflix digitized the customer
    relationship before the product
    Netflix started digitizing the relationship
    as early as 1999—8 years before
    launching “Watch Instantly”—by:
      • Designing a product that rewarded
        frequent digital interaction
      • Not waiting for new technology to
        create innovation opportunities
      • Expanding the relationship to any
        touchpoint consumers adopted



© 2012 Forrester Research, Inc. Reproduction Prohibited         6
Digital technology brings disruption to
    every industry

    • New competition, from unexpected places
    • New touchpoints to reach your customer




    Image source: Square website
© 2012 Forrester Research, Inc. Reproduction Prohibited   7
Tools alone are not enough to create relationships




© 2012 Forrester Research, Inc. Reproduction Prohibited   8
    Image source: Bon Appetit
You need…secret sauce




© 2012 Forrester Research, Inc. Reproduction Prohibited   9
This guy needs secret sauce:
    ACTUAL FORRESTER CLIENT INQUIRY FROM A MULTINATIONAL BANK




    “We want to do something with
    „gamification,‟ but we‟re not
    sure what or why.”



© 2012 Forrester Research, Inc. Reproduction Prohibited         10
Chase’s secret sauce:




     Motivate customers to do something that’s good for
     them—creating a reason to visit more frequently
© 2012 Forrester Research, Inc. Reproduction Prohibited   11
Image source: Chase website
SugarSync’s secret sauce:




    Incent customers to get the most possible value from
    using their product—driving free-to-paid conversion
© 2012 Forrester Research, Inc. Reproduction Prohibited    12
    Image source: SugarSync website
Everyday Health’s secret sauce:




    Help consumers stick with their workout—increasing
    paid conversions and new customer acquisition
© 2012 Forrester Research, Inc. Reproduction Prohibited   13
    Image source: Badgeville
How to create your own secret sauce


                1. Understand customer needs
                2. Link customer benefits with business
                   benefits
                3. Only then, brainstorm and spec the
                   actual experience you want to build
                4. Continuously learn from your digital
                   relationship to improve it

© 2012 Forrester Research, Inc. Reproduction Prohibited   14
Thank you
Sarah Rotman Epps
+1 415.294.8178
srotman@forrester.com
@srepps
Badgeviile Summit, Engage 2012 - Keynote:  The Secret Sauce for Building Digital Relationships

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Badgeviile Summit, Engage 2012 - Keynote: The Secret Sauce for Building Digital Relationships

  • 1. KEYNOTE: The Secret Sauce for Building Digital Relationships SARAH ROTMAN EPPS Senior Analyst Forrester Research
  • 2. The Secret Sauce For Building Digital Relationships Sarah Rotman Epps, Senior Analyst August 8, 2012 Twitter: @srepps
  • 3. How do you create customer relationships in your business? Grocery clerk, c. 1935 Image source: Crooked Lake Review © 2012 Forrester Research, Inc. Reproduction Prohibited 3
  • 4. Digital technology makes some relationships less personal Online grocery shopping, 2012 Image source: Peapod website © 2012 Forrester Research, Inc. Reproduction Prohibited 4
  • 5. But digital can also enable relationships where none were possible before Image source: Samsung Nation (www.samsung.com/us/samsungnation/) © 2012 Forrester Research, Inc. Reproduction Prohibited 5
  • 6. Digital relationships are crucial for competing in the digital age HOW NETFLIX SUCCEEDED WHERE EVERYONE ELSE IN VIDEO FAILED Netflix digitized the customer relationship before the product Netflix started digitizing the relationship as early as 1999—8 years before launching “Watch Instantly”—by: • Designing a product that rewarded frequent digital interaction • Not waiting for new technology to create innovation opportunities • Expanding the relationship to any touchpoint consumers adopted © 2012 Forrester Research, Inc. Reproduction Prohibited 6
  • 7. Digital technology brings disruption to every industry • New competition, from unexpected places • New touchpoints to reach your customer Image source: Square website © 2012 Forrester Research, Inc. Reproduction Prohibited 7
  • 8. Tools alone are not enough to create relationships © 2012 Forrester Research, Inc. Reproduction Prohibited 8 Image source: Bon Appetit
  • 9. You need…secret sauce © 2012 Forrester Research, Inc. Reproduction Prohibited 9
  • 10. This guy needs secret sauce: ACTUAL FORRESTER CLIENT INQUIRY FROM A MULTINATIONAL BANK “We want to do something with „gamification,‟ but we‟re not sure what or why.” © 2012 Forrester Research, Inc. Reproduction Prohibited 10
  • 11. Chase’s secret sauce: Motivate customers to do something that’s good for them—creating a reason to visit more frequently © 2012 Forrester Research, Inc. Reproduction Prohibited 11 Image source: Chase website
  • 12. SugarSync’s secret sauce: Incent customers to get the most possible value from using their product—driving free-to-paid conversion © 2012 Forrester Research, Inc. Reproduction Prohibited 12 Image source: SugarSync website
  • 13. Everyday Health’s secret sauce: Help consumers stick with their workout—increasing paid conversions and new customer acquisition © 2012 Forrester Research, Inc. Reproduction Prohibited 13 Image source: Badgeville
  • 14. How to create your own secret sauce 1. Understand customer needs 2. Link customer benefits with business benefits 3. Only then, brainstorm and spec the actual experience you want to build 4. Continuously learn from your digital relationship to improve it © 2012 Forrester Research, Inc. Reproduction Prohibited 14
  • 15. Thank you Sarah Rotman Epps +1 415.294.8178 srotman@forrester.com @srepps