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http://www.social5150.com/blog/2012/03/the-how-to-talk-to-your-executive-team-about-social-rap/




© Copyright 2012 EMC Corporation. All rights reserved.                                                2
Selling the Value of
                                            Your Community
                                            Developer Relations Conference 2012


                                            Jerry Silver
                                            Product Marketing Manager
                                            EMC Documentum Developer Community




© Copyright 2012 EMC Corporation. All rights reserved.                            3
Satisfaction /                           KB / Support    Thought     Ideation
        Loyalty                                              Leadership




        Marketing                              Partnership   Education    Adoption




© Copyright 2012 EMC Corporation. All rights reserved.                               5
Give me a good reason
                                                         why I should assign resources
                                                                 to this thing.




                                                               Source: Olivier Blanchard



© Copyright 2012 EMC Corporation. All rights reserved.                                     6
© Copyright 2012 EMC Corporation. All rights reserved.   7
© Copyright 2012 EMC Corporation. All rights reserved.   8
Source: Olivier Alain Blanchard




  © Copyright 2012 EMC Corporation. All rights reserved.   9
© Copyright 2012 EMC Corporation. All rights reserved.   10
© Copyright 2012 EMC Corporation. All rights reserved.   11
Status

                                                 Knowledge

                                                Networking

                                 Support, Research




© Copyright 2012 EMC Corporation. All rights reserved.            12
© Copyright 2012 EMC Corporation. All rights reserved.   13
Top Drivers




© Copyright 2012 EMC Corporation. All rights reserved.   14
Performance / Maturity




                                                         Source: Aberdeen Group


© Copyright 2012 EMC Corporation. All rights reserved.                            15
Community and NPS
 • The more conversations a customer has, the more likely they are to recommend the product
 • Consumers who have more than 6 conversations per month result in a spike in NPS




                 Sage Software used their online community to increase NPS by 20 points
                                                         http://www.lithium.com/pdfs/casestudies/Lithium-Sage-Case-
                                                                                                          Study.pdf




© Copyright 2012 EMC Corporation. All rights reserved.                                                                16
Community and Customer Loyalty

              Community users remain                     Community users spend 54%         Community users visit nine
             customers 50% longer than                    more than non-community          times more often than non-
            non-community users. (AT&T)                         users (EBay)              community users (McKInsey)




                                                                                          56% of Social Media users say
                                                               “ [social computing]
                                                                                                they feel a stronger
                                                            investments in customer
              Community users have four                                                    connection with and better
                                                          online buying process offer a
             times as many page views as                                                   served by companies when
                                                         direct return on investment
                non-community users                                                       they can interact with them in
                                                            (ROI) in terms of sales,
                      (McKinsey)                                                            a social media environment
                                                          awareness and customer
                                                                                              (Cone Business in Social
                                                               loyalty .” (Gartner)
                                                                                                    Media Study)



                                     77% cite reviews as being
                                      useful in making a recent
                                    purchase. Ratings & Reviews             Creating a community of
                                   are the top ranked Content              advocates drives revenues
                                     Discovery Tool for driving             and growth (Apple INC.)
                                   consumer trust and loyalty
                                         (Jupiter Research)




© Copyright 2012 EMC Corporation. All rights reserved.                                                                     17
Community and Product Adoption

          We notice when we launch a new product with a
          community component, the rate of adoption is much
          faster. There is a ramp-up period, when a product has
          gone live but has not yet achieved enough market
          penetration to be generally available. Until then you
          need to invest money, time and effort in marketing and
          education. We’ve had products go slow through the
          ramp-up process, but then we help by introducing a
          social media component, and then product adoption
          goes much faster.


                                                         Mark Yolton, SVP of SAP Community Network




© Copyright 2012 EMC Corporation. All rights reserved.                                               18
Awareness
                                                         Engagement
                                                          Advocacy
                                                         Conversion



© Copyright 2012 EMC Corporation. All rights reserved.                19
Awareness                             Engagement    Conversion   Advocacy




© Copyright 2012 EMC Corporation. All rights reserved.                           20
Finding Influencers

  • Increase marketing reach by 50%
  • Speed sales
  • Maximize ROI




                                                         Source: Lithium Technologies




© Copyright 2012 EMC Corporation. All rights reserved.                                  21
Business Value



                                                           Sentiment



                                                          Engagement



                                                            Traffic




© Copyright 2012 EMC Corporation. All rights reserved.                    22
Traffic/ Engagement

  Characteristic                                 Measure
  Growing                                        Registration Count
  Useful                                         Content – Number of Posts, Tags, Rating
  Popular                                        Traffic – Page views, SEO, SOV
  Responsiveness Response time
  Interactive                                    Thread depth, distinct contributors, UGC
  Liveliness                                     Post distribution




                             Source: Lithium Technologies: Measuring Community Health for Online Communities




© Copyright 2012 EMC Corporation. All rights reserved.                                                         23
Sentiment
                         Twitter 1208
                             Blogs 225
                   Facebook 32
                        Forums 20
                Traditional
                            56
                     News
       Total Mentions 1,541




© Copyright 2012 EMC Corporation. All rights reserved.   24
Business Value




            Activity                                     Benefits
            • Demo Sign Ups                              • Leads
            • Webinar Sign Ups                           • Revenue
            • Contact Forms                              • Lower Support Costs
            • Whitepaper Downloads                       • Brand Awareness
            • Email Signups                              • Purchase Influence
            • Referrals to Demand                        • Insight
              Gen Assets




© Copyright 2012 EMC Corporation. All rights reserved.                           25
Balanced Scorecard




Source: The ROI of Social Media Marketing, Forrester Research


  © Copyright 2012 EMC Corporation. All rights reserved.        26
CSF1: Executive Sponsor



                                                   Finally, someone with some
                                                  real metrics for me to sink my
                                                             teeth into!
                                                   Good job, Sparky! You done
                                                               gewd!




                                                                                   Source: Olivier Blanchard



© Copyright 2012 EMC Corporation. All rights reserved.                                                         27
CSF2: The Right Platform

                                                            Content Curation


                                                            User Profiling and
                                                         Reputation Management


                                                         Social Web Integration


                                                            CRM Integration


                                                          Actionable Analytics




© Copyright 2012 EMC Corporation. All rights reserved.                            28
CSF3: Align structure to member goals

                   Common                                    Content
                   interests                               organization
   • Using the same                                      • Discovery and
     product                                               navigation
   • Solving the                                         • Participation
     same set of                                         • Reputation and
     problems                                              member
                                                           affiliations


© Copyright 2012 EMC Corporation. All rights reserved.                      29
CSF4: Align Structure To Company Goals
                                                    • Prescriptive navigation
             Guide                                  • Meaningful metadata


                                                    • Manage / Govern
    Contribute                                      • Moderate
                                                    • Curate


                                                    • Respond
             Listen                                 • Track activity by product


                                                    • Social Beacon
          Engage                                    • SEO
                                                    • Demand gen referrals



© Copyright 2012 EMC Corporation. All rights reserved.                            30
Live Long and Prosper
    Fail fast!

    Get agreement on what metrics are
    meaningful and how to measure/derive them

    “ROI” = financial returns


    Correlate activity to outcomes


    Investment is for the long term



© Copyright 2012 EMC Corporation. All rights reserved.   31
References
  • http://www.slideshare.net/thebrandbuilder/buzz-2010-
    presentation
  • Forrester Research, The ROI Of Social Media Marketing
  • http://www.lithium.com/pdfs/casestudies/Lithium-Sage-
    Case-Study.pdf
  • http://www.slideshare.net/kloosm/net-promoter-score-and-
    social-media-generic
  • http://blogs.business.com/b2b-online-marketing/2009/b2b-
    online-community-sap/
  • Lithium Technologies, Building Customer Networks for
    Successful Word of Mouth Marketing
  • Lithium Technologies: Measuring Community Health for
    Online Communities

© Copyright 2012 EMC Corporation. All rights reserved.         32
Selling the Value of
                                            Your Community
                                            Developer Relations Conference 2012


                                            Jerry Silver
                                            Product Marketing Manager
                                            EMC Documentum Developer Community




© Copyright 2012 EMC Corporation. All rights reserved.                            33

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Jerry Silver of EMC - Selling Value

  • 2. Selling the Value of Your Community Developer Relations Conference 2012 Jerry Silver Product Marketing Manager EMC Documentum Developer Community © Copyright 2012 EMC Corporation. All rights reserved. 3
  • 3. Satisfaction / KB / Support Thought Ideation Loyalty Leadership Marketing Partnership Education Adoption © Copyright 2012 EMC Corporation. All rights reserved. 5
  • 4. Give me a good reason why I should assign resources to this thing. Source: Olivier Blanchard © Copyright 2012 EMC Corporation. All rights reserved. 6
  • 5. © Copyright 2012 EMC Corporation. All rights reserved. 7
  • 6. © Copyright 2012 EMC Corporation. All rights reserved. 8
  • 7. Source: Olivier Alain Blanchard © Copyright 2012 EMC Corporation. All rights reserved. 9
  • 8. © Copyright 2012 EMC Corporation. All rights reserved. 10
  • 9. © Copyright 2012 EMC Corporation. All rights reserved. 11
  • 10. Status Knowledge Networking Support, Research © Copyright 2012 EMC Corporation. All rights reserved. 12
  • 11. © Copyright 2012 EMC Corporation. All rights reserved. 13
  • 12. Top Drivers © Copyright 2012 EMC Corporation. All rights reserved. 14
  • 13. Performance / Maturity Source: Aberdeen Group © Copyright 2012 EMC Corporation. All rights reserved. 15
  • 14. Community and NPS • The more conversations a customer has, the more likely they are to recommend the product • Consumers who have more than 6 conversations per month result in a spike in NPS Sage Software used their online community to increase NPS by 20 points http://www.lithium.com/pdfs/casestudies/Lithium-Sage-Case- Study.pdf © Copyright 2012 EMC Corporation. All rights reserved. 16
  • 15. Community and Customer Loyalty Community users remain Community users spend 54% Community users visit nine customers 50% longer than more than non-community times more often than non- non-community users. (AT&T) users (EBay) community users (McKInsey) 56% of Social Media users say “ [social computing] they feel a stronger investments in customer Community users have four connection with and better online buying process offer a times as many page views as served by companies when direct return on investment non-community users they can interact with them in (ROI) in terms of sales, (McKinsey) a social media environment awareness and customer (Cone Business in Social loyalty .” (Gartner) Media Study) 77% cite reviews as being useful in making a recent purchase. Ratings & Reviews Creating a community of are the top ranked Content advocates drives revenues Discovery Tool for driving and growth (Apple INC.) consumer trust and loyalty (Jupiter Research) © Copyright 2012 EMC Corporation. All rights reserved. 17
  • 16. Community and Product Adoption We notice when we launch a new product with a community component, the rate of adoption is much faster. There is a ramp-up period, when a product has gone live but has not yet achieved enough market penetration to be generally available. Until then you need to invest money, time and effort in marketing and education. We’ve had products go slow through the ramp-up process, but then we help by introducing a social media component, and then product adoption goes much faster. Mark Yolton, SVP of SAP Community Network © Copyright 2012 EMC Corporation. All rights reserved. 18
  • 17. Awareness Engagement Advocacy Conversion © Copyright 2012 EMC Corporation. All rights reserved. 19
  • 18. Awareness Engagement Conversion Advocacy © Copyright 2012 EMC Corporation. All rights reserved. 20
  • 19. Finding Influencers • Increase marketing reach by 50% • Speed sales • Maximize ROI Source: Lithium Technologies © Copyright 2012 EMC Corporation. All rights reserved. 21
  • 20. Business Value Sentiment Engagement Traffic © Copyright 2012 EMC Corporation. All rights reserved. 22
  • 21. Traffic/ Engagement Characteristic Measure Growing Registration Count Useful Content – Number of Posts, Tags, Rating Popular Traffic – Page views, SEO, SOV Responsiveness Response time Interactive Thread depth, distinct contributors, UGC Liveliness Post distribution Source: Lithium Technologies: Measuring Community Health for Online Communities © Copyright 2012 EMC Corporation. All rights reserved. 23
  • 22. Sentiment Twitter 1208 Blogs 225 Facebook 32 Forums 20 Traditional 56 News Total Mentions 1,541 © Copyright 2012 EMC Corporation. All rights reserved. 24
  • 23. Business Value Activity Benefits • Demo Sign Ups • Leads • Webinar Sign Ups • Revenue • Contact Forms • Lower Support Costs • Whitepaper Downloads • Brand Awareness • Email Signups • Purchase Influence • Referrals to Demand • Insight Gen Assets © Copyright 2012 EMC Corporation. All rights reserved. 25
  • 24. Balanced Scorecard Source: The ROI of Social Media Marketing, Forrester Research © Copyright 2012 EMC Corporation. All rights reserved. 26
  • 25. CSF1: Executive Sponsor Finally, someone with some real metrics for me to sink my teeth into! Good job, Sparky! You done gewd! Source: Olivier Blanchard © Copyright 2012 EMC Corporation. All rights reserved. 27
  • 26. CSF2: The Right Platform Content Curation User Profiling and Reputation Management Social Web Integration CRM Integration Actionable Analytics © Copyright 2012 EMC Corporation. All rights reserved. 28
  • 27. CSF3: Align structure to member goals Common Content interests organization • Using the same • Discovery and product navigation • Solving the • Participation same set of • Reputation and problems member affiliations © Copyright 2012 EMC Corporation. All rights reserved. 29
  • 28. CSF4: Align Structure To Company Goals • Prescriptive navigation Guide • Meaningful metadata • Manage / Govern Contribute • Moderate • Curate • Respond Listen • Track activity by product • Social Beacon Engage • SEO • Demand gen referrals © Copyright 2012 EMC Corporation. All rights reserved. 30
  • 29. Live Long and Prosper Fail fast! Get agreement on what metrics are meaningful and how to measure/derive them “ROI” = financial returns Correlate activity to outcomes Investment is for the long term © Copyright 2012 EMC Corporation. All rights reserved. 31
  • 30. References • http://www.slideshare.net/thebrandbuilder/buzz-2010- presentation • Forrester Research, The ROI Of Social Media Marketing • http://www.lithium.com/pdfs/casestudies/Lithium-Sage- Case-Study.pdf • http://www.slideshare.net/kloosm/net-promoter-score-and- social-media-generic • http://blogs.business.com/b2b-online-marketing/2009/b2b- online-community-sap/ • Lithium Technologies, Building Customer Networks for Successful Word of Mouth Marketing • Lithium Technologies: Measuring Community Health for Online Communities © Copyright 2012 EMC Corporation. All rights reserved. 32
  • 31. Selling the Value of Your Community Developer Relations Conference 2012 Jerry Silver Product Marketing Manager EMC Documentum Developer Community © Copyright 2012 EMC Corporation. All rights reserved. 33