Social Media Under One Roof: Integrate Social Media with Total Customer Experience Model



Similar documents
Modern Marketing Transformation

Powering Marketing. The Five Tenets of Modern Marketing in Financial Services and Insurance. Marketing Technology

Lessons learned. From Silos to Social- Blended Multichannel Customer Experiences. A Seven Step Roadmap for Success. Created Exclusively for

REAL ESTATE FIRMS INVESTMENT FIRMS INSURANCE FIRMS CUSTOM DIGITAL MARKETING SOLUTIONS FOR ALL

Customer Experience Management

Right Time Revenue Optimization

Social Media and Content Marketing.

Written by: Francois Muscat, Digital Marketing Expert

Marketing Automation User; 2010 marketing review notes and 2011 plans

Deepening the Customer Relationship with Social Media:

Digital Analytics Checkup:

A Quick Guide to Social Customer Service: Measure, Refine & Scale

Social Media Specialized Studies

Management Update: The Eight Building Blocks of CRM

How to Use Social Media to Improve Customer Service and Cut Costs

The evolution of Social CRM

NPS2. Reaching the Next Level of Customer Experience Leadership. By Deborah Eastman

Viewpoint. Every moment matters. Transforming the automotive consumer experience

The Ultimate Guide to Content Marketing ROI NewsCred / NewsCred.com / (212) / sales@newscred.com

Creating the customer experience

5 Tips for Designing a Law Firm Website that Brings in More Leads and Clients

STATE OF B2B CONTENT MARKETING Research Report - Jan 2015

THE CUSTOMER JOURNEY: THE FIVE THINGS YOU NEED TO KNOW NOW WHITE PAPER.

The Five Biggest MISSED Internet Marketing Opportunities Most Lawyers Don't Know About

Customer Service Best Practices Survey Results

10 Steps to a Multichannel Strategy and an Exceptional Customer Experience

Marketing Director s Guide to Selecting CRM

ASIA S CUSTOMER EXPERIENCE MANAGEMENT LANDSCAPE 2015

2010 Social Media Marketing

IBM Global Business Services Microsoft Dynamics CRM solutions from IBM

best practices Social recruiting: Five tips to improve efficiency and get better results

Management Summary 3. Role within the organization 4. For what purposes do you use social media? 5. What social channels does the company use?

Profitingfrom CustomerExperience:

Plus, although B2B marketing budgets have increased, the number of channels may far surpass what you can do with your budget.

Louis Gudema: Founder and President of Revenue + Associates

Social Media. Marketing Guide B2B

Financial Services Sector: Missing Customer Expectations?

CRM The Critical Cog in Today s Business Strategy

How to Measure Social Media s ROI and Impact.

SWOT Analysis Determine core opportunities to serve as the foundation for building an effective social media strategy.

How you can meet your top marketing priorities

Measuring the Effectiveness of Your Content Marketing

PwC Online Learning Session Toolkit: Digital Media

Top 6 Strategies to Build Your Marketing Communication Plan

How To Listen To Social Media

Elevate Customer Experience and Engagement in the New Digital World

The ROI of Energizing Brand Advocates

Beyond the Click : The B2B Marketer s Guide to Display Advertising

Get results with modern, personalized digital experiences

The Digital Insurer. The insurance industry has entered the digital age. Find out how you can stand out as a digital insurer.

Multi-channel Marketing

Social Media and Sales Quota

Audi's Three Steps to a Winning CRM Strategy

Connecting the Dots on the Omnichannel Customer Journey

HOW TO USE SOCIAL MEDIA MONITORING TOOLS. Jamie Turner

Strategic Video Marketing Capabilities

MARKETING AUTOMATION:

Cloud Productivity Is Key to Success: A Survey of Young Businesses

Introduction. The online world has various customer touch points integrate offline campaigns with online advertising to reinforce brand message.

Getting More From Your New App

B2B Content Marketing 2010: griculture. Industry Report

PAST PRESENT FUTURE YoU can T TEll where ThEY RE going if YoU don T know where ThEY ve been.

Best Practices for Relationship Marketing

THE SEVEN DEADLY SINS OF B2B TECHNOLOGY PUBLIC RELATIONS

The conversation has already begun. Are you a part of it? Building stronger customer relationships in the digital world.

Q1 Podcast: IBM Exceptional Web Experience

Measuring your Social Media Efforts

Social Media and Content Marketing. A Guide for B2B Marketing Managers

OMNI-CHANNEL MARKETING. Top 9 Questions

8 TIPS FOR MAKING THE MOST OF GOOGLE ANALYTICS. Brought to you by Geary LSF and Orbital Informatics

Your Guide to Site Traffic Analysis Using Webtrends Analytics

Buyer s Guide: Evaluating Content Marketing Solutions

9 Principles of Killer Dashboards SELL. SERVICE. MARKET. SUCCEED.

How To Create A Social Media Management System

Customer Experience Strategy and Implementation

Asking the "tough questions" in choosing a partner to conduct Customer Experience Measurement and Management (CEM) programs for Your Company

Marketing Communications Essentials: B2B Marketing for Small Businesses. June 18, 2014

How To Create A Social Media Program

How to Make Your Independent Agency Website A Great. Sales & Service Resource

US ONSHORING OFFERS SUPERIOR EFFECTIVENESS OVER OFFSHORE FOR CRM IMPLEMENTATIONS

5 Tips For Setting Measurable. Social Media Goals. 5 Tips for Measurable social media goals

Ready Set Grow. From Push to Pull: Creating Demand for your Offering. Season Three Webinar Two. Session Summary. May 11, 2010.

SOCIAL MEDIA. About Infosys. The Rise of Social Media in Financial Services Balancing Risk and Reward

9 Client Onboarding Strategies for Top-Performing Financial Advisors (800) clientwise.com clientwise.com/blog

Customer Activation. Marketing with a Measurable Purpose

Content, Connectivity & Convergence. A Shared Strategy For Your Nonprofit Organization

How to Use the Internet to Market Your Business

Eloqua Social Suite Integrate Social directly into your campaigns with just a few mouse clicks.

Making the Business Case for Unifying Channels

How to Effectively Measure the ROI of Content Marketing

Social Media Marketing Plan by Robert Middleton

Introduction. The traditional content for leads conversion funnel looks a bit like this: sent to new lead with link to content

Unleashing Potential. Building a Career Development Culture to Drive Employee Engagement. Jeneane Blom Senior Consultant Right Management

Content Marketing Tactics 2014: Creation, Curation and Syndication

The Surprising ROI of Marketing

The Must Dos of Your Digital Strategy

Social Media Measuring Your Efforts 03. Step One Align Your Objectives 04. Step Two Measure Reach and Share of Conversation 05

What is Prospect Analytics?

Vodafone Red Paper Getting closer to your customers Issues Change Solution

Transcription:

Sep. 03, 2010 Social Media Under One Roof: Integrate Social Media with Total Customer Experience Model Posted by Sampson Lee This document "Social Media under One Roof: Integrate Social Media with the TCE Model" is composed of nine sections. Three sections are written by me, and experts in each specific domain contributed the other six sections: Wendy Soucie from Wendy Soucie Consulting; Karl Havard from pownum; Jim Sterne from Web Analytics Association; Axel Schultze from Xeesm; Rick Mans from Capgemini; and Guy Stephens from Foviance." If your primary objective is to learn how to ride the wave of social media to enhance the customer experience within a specific touch-point or departmental function, there are already numerous blogs, articles, and publications which serve this purpose well. There is no need for you to spend time reading this document. If, however, our core messages are aligned with your most pressing concerns, it is worth investing your time in reading this paper. Here is what we'll be covering: How to integrate social media into the Total Customer Experience across the entire customer lifecycle; How to optimize resource allocation among various social media by aligning with business objectives; and How to manage your brand and social media with one integrated and quantifiable management system.

Figure 1: Touch-point Experience across the Customer Lifecycle - Overall Social Media: Adding Value to the Total Customer Experience Forward by Bob Thompson, CustomerThink Founder/CEO A few years ago, the term Web 2.0 was coined to reflect a shift to users creating their own content and collaborating with others on the Internet. Clearly this consumer-friendly Social Web is here to stay, with hundreds of millions of people using Facebook, LinkedIn, Twitter and thousand of other free services. Individuals are using social media for personal reasons, but increasingly are also sharing their views about brands. A 2009 Cone Consumer New Media Study found that 78% of new media users interact with companies or brands via new media sites and tools, up from 59% in 2008. These social customers can build up a brand or tear it down at unprecedented speed. More recently, social technology has begun to penetrate the enterprise. In some cases, creative employees are using services designed for individuals as new channels to engage with customers and prospects in marketing, sales or customer service. In others, enterprise-grade applications are being implemented to improve employee productivity, power customer communities, monitor conversations and so on. Now is the time to start separating social media hype from reality. The June 2010 CustomerThink social business study found that business managers are enthusiastic about the potential for social media to help their business: 42% consider social media very important in their jobs 53% say social media helps their organization succeed. Improving the customer experience is the No. 1 expected benefit However, we also learned that about 80% of respondents were unsure about the ROI of their social media initiatives. Of the key six issues analyzed, poorly defined business requirements stood out as the biggest obstacle to success.

In our research, we ve consistently found that the customer experience is a key differentiator that drives loyalty and retention. Strategically, as Sampson Lee points out, you should plan more holistically to use social media to enhance the total customer experience. Don t create social media silos to frustrate your customers! Document Structure: The Flow and Specifics of Each Section This document is composed of nine sections. Three sections are written by me, and experts in each specific domain contributed the other six sections. Section ONE: Where Social Media meets Customer Life Stages (current section) - I start by stating the reasons why you should spend your time reading this document and I introduce the flow and give a perspective on how social media fit into the customer experience and influence experiences across the customer lifecycle. Section TWO: Social Media and Research & Development - Co-creation with customers was a regular practice at some companies even before the emergence of social media. Today, Wendy Soucie from Wendy Soucie Consulting is going to show us that social media makes it easier and more effective for customers to engage in the product development process. Section THREE: Social Media and Branding/Public Relations - Brands are owned by both customers and non-customers. Karl Havard from pownum illustrates how social media enables customers and non-customers to shape, interact with, and influence your brand long before they are touched by your own branding and public relations efforts. Section FOUR: Social Media and Marketing - Marketing in the world of social media is about engaging your customers and non-customers. In a broad sense, as Jim Sterne from Web Analytics Association tells us, it closely relates to branding, PR, sales, and customer support. In short, you have to create relevant and compelling content so that you can attract attention; no matter what kind of activities you want to engage customers with in your next steps. You want your customers to talk with you by leaving message, posting on your blog, following your company tweets, etc. Section FIVE: Social Media and Sales - Talk is cheap. You need to turn conversations into actions, not just interactions with your customers and prospects. Axel Schultze from Xeesm demonstrates with a real case how to achieve tangible and more effective sales results by reallocating resources from traditional sales channels to the new emerging social media. Section SIX: Social Media and Operations - Can social media help to enhance efficiency? To achieve the same results with fewer resources? To achieve better results with the same resources? To maintain or even enhance customer satisfaction levels while investing fewer resources in operations? Rick Mans from Capgemini shares with us how social media affects operations in a client case study with sound results.

Section SEVEN: Social Media and Customer Service - Can social media be used to service your customers? It is fast, interactive, and convenient for end-customers. But, at the same time, it poses new challenges to companies in terms of organizational structure, dynamic workflow, and resource allocation. Guy Stephens from Foviance interviews one of his clients and provides insights on this controversial topic. Section EIGHT: Integrating Social Media with Total Customer Experience In this section, I will organize the silos into an integrated whole. To look at an organization meaningfully, we must first derive the importance levels of social media on each customer life stage during the entire lifecycle. Besides the horizontal perspective in a natural time sequence, we also have to dive deeply into the vertical perspective by weighting the influence of social media in delivering experiences at each life stage among all customer-facing channels. Only with both the horizontal and vertical perspectives, can you have a comprehensive and strategic view of how to allocate resources to various social media. Section NINE: Managing Your Brand and Social Media with One System I define Brand as a perception generated by the aggregate customer experiences across all touch-points and covering the entire customer lifecycle. Social media is just one customer-facing touch-point; there are other channels to deliver the numerous touch-point experiences. Real data generated from our work with clients and research on the global credit card customer experience*, the global mobile communications customer experience**, the global city visiting experience***, and the global B2B purchasing experience**** is used to introduce the concept of Branding by TCE. This data illustrates how social media fits in the big picture of the TCE (Total Customer Experience) model, by each touch-point experience and by each functional area. An Overall View on where Social Media meets the Customer Life Stages Figure 1 shows the customer life stages in a natural time sequence. In reality, the actual sequence may not fall into this exact order; there is no absolute sequential order for all customers and all circumstances. For example, Branding/PR may touch customers at multiple life stages. Toyota s quality issue and the PR surrounding its resolution affected some customers at the end of their lifecycle and, yet it touched prospective buyers of Toyota s cars at the beginning of their lifecycle with Toyota. In some circumstances, Customer Service touches a customer before Operations, or perhaps Customer Service touches customers before Sales. In general, this model gives us an idea of the key components of customer lifecycle with which social media may interact. Our contributors will explore this sequence step by step, beginning with section two through section seven. As more and more types of social media emerge, it is logical and even necessary to consolidate their management into a single system. In sections eight and nine, I will show you how: by integrating social media with total customer experience and I ll show you why: the beauty of putting social media under one roof.

Click here to read the complete document in PDF format. Footnotes: * Global Credit Card Customer Experience Research, CustomerThink Corp. (U.S.) and Global Customer Experience Management Organization (G-CEM), July 2009. ** Global Mobile Communications Customer Experience Research, CustomerThink Corp. (U.S.) and Global Customer Experience Management Organization (G-CEM), April~May 2009. *** Global City Visiting Experience Research, CustomerThink Corp. (U.S.) and Global Customer Experience Management Organization (G-CEM), December 2009~January 2010. **** Global B2B Purchase Experience (IT Solution) Research, CustomerThink Corp. (U.S.) and Global Customer Experience Management Organization (G-CEM), February 2008. Sampson Lee Sampson Lee, the founder of Global Customer Experience Management Organization (G-CEM), created the U.S. patent-pending Branded CEM Methodology, and recently has authored an article for Harvard Business Review. Lee and his international partner team deliver the Global CEM Certification Program in 11 cities in Africa, Asia, Europe, and North America 2010 CustomerThink Corporation