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• Social media - miracle cure or panacea?
Do fans make good customers?
Wong Wan Ling 27 March 2014
E: wanling@gmail.com
skype: joanisabellewong
http://sg.linkedin.com/in/wanling
http://cardmarketing.blogspot.com
"Try not. Do or do not."
Yoda
Surprised?
Source: iAcquire & Survey Monkey
(http://www.iacquire.com/blog/social-behavior-the-big-game-a-study-with-surveymonkey)
Declining
reach
Source: Oglivy Social
(http://www.ogilvydo.com/facebook-zero/#.Uy6P6fmSxyz)
February 2014, organic
reach hovered at 6
percent, a decline of 49
percent from peak levels
in October.
Organic reach to
approach zero in the
foreseeable future.
The confusion
83% of marketers indicate that
social media is important for
their business. (Source: Social Media
Examiner)
52% of marketers cite
difficulties in accurately
measuring ROI as their biggest
source of frustration in social
marketing. (Source: Adobe)
Retail is the top industry that
has acquired customers
through Facebook. (State of Inbound
Marketing, 2012)
Marketers struggle with lead
generation on Facebook. (Social
Media Examiner)
The
changing
psychograp
h
Source: iAcquire & Survey Monkey
(http://www.iacquire.com/blog/social-behavior-the-big-game-a-study-with-surveymonkey)
The profusion
The profusion
Source: https://conversationprism.com/
Quantification Attribution
MeasurementClutter
The nature of loyalty
Emotional
Loyalty
Psychographic
Loyalty
Transactional
Loyalty
Loyalty can be lifted with the right loyalty levers
Emotional
Loyalty
Psychogr
a-phic
Loyalty
Transactional
Loyalty
Customer Service
&
Product
Development
Interact
&
Engage
Inform
&
Update
Social influences on loyalty levers
Product
Showcase
Brand
Advocacy
News &
Updates
Post-Sale
Support
Com-
munity &
Network
Customer Service
&
Product
Development
Interact
&
Engage
Inform
&
Update
Unexplored
uses
Intelligence gathering
Product development
Business support
Customer service
Product development
• Listed “operational hours” on the official
twitter account
– Utter unwillingness to respond
timely and effectively
• Updates on train delays / breakdowns
took more than 1hr 20 mins to
disseminate
• Tone of updates - antagonistic &
condescending
• In one major breakdown where 4 trains
were stranded, trapping 1000 passengers
in train cars without ventilation or
lighting, SMRT made a broadcast to their
taxis with “income opportunity”
messages, while their FB page is
peppered with status updates of
promotions and competitions.
– Cisplays ignorance in ‘real world’
circumstances & insensitivity
[Case Study] SMRT A failure in customer
service
SMRT only began their foray into
social media under public pressure
resulting from constant service
stoppages and ineffective early
warnings.
The results were however,
disastrous.
• Hosted an online community 150
opinion leaders in health & nutrition
• Discovery:
– Women had trouble
maintaining their diets
throughout the day
• Result:
– An entire line of 48 products
developed in 16 months
– South Beach line boasted
$100 million in sales in its first
six months on the market
[Case Study] Kraft South Beach product
dev
Kraft Foods partnered with South
Beach Diet to introduce a new meal
and snack product line.
Source: Kraft Tallies $100M in Sales Lift By Tapping Into Online Communities by Amabda F. Batista
http://www.demandgenreport.com/industry-topics/archives/feature-articles/120-kraft-tallies-100m-in-sales-lift-by-tapping-
into-online-communities.html#.Uy6fGvmSxyw
Can you?
Do you?
Have you?
Timely response
Accurate information
Appropriate channel(s)
Organization ready
Affordability
"Try again, fail again. Fail
better." Samuel Beckett

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Do fans make good customers? [The role of social media in customer loyalty.]

  • 1. • Social media - miracle cure or panacea? Do fans make good customers? Wong Wan Ling 27 March 2014 E: wanling@gmail.com skype: joanisabellewong http://sg.linkedin.com/in/wanling http://cardmarketing.blogspot.com
  • 2. "Try not. Do or do not." Yoda
  • 3. Surprised? Source: iAcquire & Survey Monkey (http://www.iacquire.com/blog/social-behavior-the-big-game-a-study-with-surveymonkey)
  • 4. Declining reach Source: Oglivy Social (http://www.ogilvydo.com/facebook-zero/#.Uy6P6fmSxyz) February 2014, organic reach hovered at 6 percent, a decline of 49 percent from peak levels in October. Organic reach to approach zero in the foreseeable future.
  • 5. The confusion 83% of marketers indicate that social media is important for their business. (Source: Social Media Examiner) 52% of marketers cite difficulties in accurately measuring ROI as their biggest source of frustration in social marketing. (Source: Adobe) Retail is the top industry that has acquired customers through Facebook. (State of Inbound Marketing, 2012) Marketers struggle with lead generation on Facebook. (Social Media Examiner)
  • 6. The changing psychograp h Source: iAcquire & Survey Monkey (http://www.iacquire.com/blog/social-behavior-the-big-game-a-study-with-surveymonkey)
  • 10. The nature of loyalty Emotional Loyalty Psychographic Loyalty Transactional Loyalty
  • 11. Loyalty can be lifted with the right loyalty levers Emotional Loyalty Psychogr a-phic Loyalty Transactional Loyalty Customer Service & Product Development Interact & Engage Inform & Update
  • 12. Social influences on loyalty levers Product Showcase Brand Advocacy News & Updates Post-Sale Support Com- munity & Network Customer Service & Product Development Interact & Engage Inform & Update
  • 13. Unexplored uses Intelligence gathering Product development Business support Customer service Product development
  • 14. • Listed “operational hours” on the official twitter account – Utter unwillingness to respond timely and effectively • Updates on train delays / breakdowns took more than 1hr 20 mins to disseminate • Tone of updates - antagonistic & condescending • In one major breakdown where 4 trains were stranded, trapping 1000 passengers in train cars without ventilation or lighting, SMRT made a broadcast to their taxis with “income opportunity” messages, while their FB page is peppered with status updates of promotions and competitions. – Cisplays ignorance in ‘real world’ circumstances & insensitivity [Case Study] SMRT A failure in customer service SMRT only began their foray into social media under public pressure resulting from constant service stoppages and ineffective early warnings. The results were however, disastrous.
  • 15. • Hosted an online community 150 opinion leaders in health & nutrition • Discovery: – Women had trouble maintaining their diets throughout the day • Result: – An entire line of 48 products developed in 16 months – South Beach line boasted $100 million in sales in its first six months on the market [Case Study] Kraft South Beach product dev Kraft Foods partnered with South Beach Diet to introduce a new meal and snack product line. Source: Kraft Tallies $100M in Sales Lift By Tapping Into Online Communities by Amabda F. Batista http://www.demandgenreport.com/industry-topics/archives/feature-articles/120-kraft-tallies-100m-in-sales-lift-by-tapping- into-online-communities.html#.Uy6fGvmSxyw
  • 16.
  • 17. Can you? Do you? Have you? Timely response Accurate information Appropriate channel(s) Organization ready Affordability
  • 18. "Try again, fail again. Fail better." Samuel Beckett