A talk at HTNG in Lisbon on why 'doing social media' outside the company isn't enough to achieve the adaptability companies need to survive the 21st century.
4. British Airways – Business Case Classes of Business Benefit Intangible Tangible Source of contribution Customer Loyalty & Brand Awareness Direct Revenue Lower Operational Expense Comment Customer/Member profile √ √ Customer intelligence & extending market reach at low cost Advocacy/pass through revenue √ √ √ Sales channel for complimentary products/services Group Discounts √ √ Special offers to subscribers Affiliation √ √ Viral sales Member-Member commerce √ √ Packaging brand products to serve customer's own network Web Services, community, UGC √ Forms deeper customer relationships Competitive research √ √ Access to opinions using polls/surveys Product development & feedback √ √ √ Lower service development costs Peer-to-peer self-help √ √ Reduces contact centre traffic Membership √ √ √ Friends invitations. Member get member
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10. Mornflake – Case Study Classes of Business Benefit Intangible Tangible Source of contribution Customer Loyalty & Brand Awareness Direct Revenue Lower Operational Expense Comment Customer/Member profile √ √ Customer intelligence & extending market reach at low cost Advocacy/pass through revenue √ √ √ Sales channel for complimentary products/services Group Discounts √ √ Special offers to subscribers Affiliation √ √ Viral sales Member-Member commerce √ √ Packaging brand products to serve customer's own network Web Services, community, UGC √ Forms deeper customer relationships Competitive research √ √ Access to opinions using polls/surveys Product development & feedback √ √ √ Lower service development costs Peer-to-peer self-help √ √ Reduces contact centre traffic Membership √ √ √ Friends invitations. Member get member
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13. Competitive Comparison Web presence indicator Jordans Dorset Mornflake Comment Main site Page Rank 4 5 4 Mornflake catches up Google Search Results 47,800 37,000 21,000 At peak. Currently 14,000. SamePoint Search Results 2,700 5,500 1,600 Reflects the shorter time/less content No. Twitter Followers 330 188 4,000 Surpassed competition.
14. Quantitative Outcomes Target/objective Achieved? Delivered Comment 100,000 registrations X 3138 683 video, 2455 Bag of Oats 20m interactions with the brand X 2m interactions Based on link planting Rich video advertising content √ 51, 30sec-90sec videos £250k market value Customer intelligence √ Qualitative feedback after trying product Cost avoidance of focus groups? Incremental demand for product Cost avoidance (Facebook advertising) √ £50k Based on five month ad campaign to raise awareness (home page ads) Presence all major social media platforms √ Flickr, Youtube, Facebook, Typepad (blog), Twitter 4,000 Twitter followers Improve the selling process to big supermarkets √ Young buyers at supermarkets more aware of product Penetrate new demographics √ See above Engaged new demographic age group 25-45
25. Change comes from within In both internetworked markets and among intranetworked employees, people are speaking to each other in a powerful new way Companies that assume online markets are the same markets that used to watch their ads on television are kidding themselves To speak with a human voice, companies must share the concerns of their communities. But first, they must belong to a community . Intranets naturally tend to route around boredom. The best are built bottom-up by engaged individuals cooperating to construct something far more valuable: an intranetworked corporate conversation. We want you to take 50 million of us as seriously as you take one reporter from The Wall Street Journal