Social Business through Social CRM
OpenID Facebook Connect Google Connect OAuth Twitter Mobile Producer Demanding Trusts Peers Knowledgeable Resourceful Social Customer Enabling Communities Engagement Being Open Listening Adaptive Social CRM Paul Greenberg's tweetable defintion: "The company’s response to the customer’s control of the conversation." Interdependent Transparent People are the Platform Distributed Anticipatory Co-Creates Social Business Relationships Friends, Relatives Strong and Weak Ties Bonding Caring Thanks! Mitch Lieberman Vice President, Strategic Solutions SugarCRM http://twitter.com/mjayliebs Contributions, inspirations and attributions A. Prem Kumar - http://twitter.com/prem_k Brent Leary - http://twitter.com/brentleary Graham Hill - http://twitter.com/grahamhill Wim Rampen - http://twitter.com/wimrampen Esteban Kolsky - http://twitter.com/ekolsky Brian Vellmure - http://twitter.com/crmstrategies Mark Tamis - http://twitter.com/marktamis Mike Boysen - http://twitter.com/mboysen Paul Greenberg - http://twitter.com/pgreenbe Mike Fauscette - http://twitter.com/mfauscette Michael Krigsman - http://twitter.com/mkrigsman Kathy Hermann - http://twitter.com/kathyherrmann Dion Hinchcliffe - http://twitter.com/dhinchcliffe Ross Dawson - http://twitter.com/rossdawson Venessa Miemis - http://twitter.com/venessamiemis Jeremiah Owyang - http://twitter.com/jowyang Ray Wang - http://twitter.com/rwang0 "a philosophy & a business strategy, supported by a technology platform, business rules, workflow, processes & social characteristics, designed to engage the customer in a collaborative conversation in order to provide mutually beneficial value in a trusted & transparent business environment. It's the company's response to the customer's ownership of the conversation." Paul Greenberg - Time to Put a Stake in the Ground on Social CRM" - July 2009 Social Business Social Customer Social CRM Mitch Lieberman Vice President, Strategic Solutions SugarCRM http://twitter.com/mjayliebs Social Business is about the Power of the Ecosystem Social Customer is about the Power of Me Social CRM is about bringing 'Me' into the ecosystem A Social Business is a new kind of business "driven not so much for social purposes as by social relationships" Graham Hill - A Manifesto for Social Business November 2009 A Customer does not value a relationship with a company, they value the outcome generated by the relationship Engaging Genuine Interdependent Open Relationships Ideator Co-Creator Transparent Intelligence Reflective Connected Transparent Distributed Demanding Resourceful Knowledgeable Vocal Innovative Value Conversations Mobile Attention Community Buzz Hype Where is the value? Where are we going? How Businesses are being run (or will need to be run) is changing very quickly (just ask Toyota/Nestle) New Social, Cultural, Economic and Government models are being discussed, and will emerge Web 2.0 is: enabled, peer facilitated and self empowered; that is the the Social Web What has changed? Who creates value? What exactly is control, a relationship, a friend? We all have access to the same information What are the questions we need to answer? What do we need to do? How do we build it, scale it and maintain it? What does a Social Business look like? What does Social CRM provide? Is there such a thing as 'Best Practices'? It is about Execution Old Organisation + New Technology = Expensive Old Organisation To make my point, I will illustrate what appear to be silos, but like scaffolding on a building, we need to support the concept while we break it down, before building it back up Cool We need clarity! The Social Customer is The Social Customer is The Social Customer is a The Social Customer The Social Customer is The Social Customer is Power is shared (think parallel proc) Physically and Virtually Inside the Firewall and out Problem solving by a network Access to Data Access to Goals, Objectives and Strategy Same answer from different people Do NOT pretend; no more "Us" and "Them" Logical Distribution (ecosystem) Customer choice (time, place, cost) Value in use-not simply a transaction Customer defined products and services Innovation by design, not by accident Proactive, not reactive "Surprises" should be rare Crowd and Friend Source Listen Carefully, to create Intelligence Innovation through Co-creation People are the platform, Trust is crucial Success based on shared goals Intelligence Ecosystem Trust Enabling Mobile Apple iPhone / iTouch = Fastest New Tech Device / Ecosystem Ramp in History Mobile Internet Outpaces Desktop Internet Adoption Presence - know when everyone in their universal address books is online Information - get nearby movie showtimes and purchase tickets while at dinner Entertain - watch Red Sox games live on phone Inform - Give ski report Produce - upload photos/videos to Facebook and distribute Power - comparison shop (with barcode scan assist option) for best prices while walking around a retail outlet Actions -transfer funds while waiting for the kids It is not about Definitions Social CRM is about Social CRM is about Social CRM is about building Social CRM supports Social CRM enables Social CRM is A Tag Cloud of all of our favorite buzzwords which tend to show up when we talk, blog or Tweet about 'Social' Authenticity Influence It is not about technology - well, maybe just a little Open - Transparent - Knowledgeable People -Trust - Ecosystem Resourceful - Adaptive - Interdependent Mobile - Distributed - Enabling Producer - Listening - Co-Create Demanding - Engaging - Anticipatory Anticipatory Producer The Social Customer needs to be surrounded by processes where they feel comfortable, valued and enabled. The Social Business needs to provide the infrastructure; both technology and people to support the Social Customer The form of the infrastructure will be a carefully thought out blend of Social CRM and Enterprise 2.0 It is important to remember that is not about the technology, it is about the people, process and cultural shifts necessary to support and grow a business. The concentric circles are a blend of processes and technology. Is Social CRM the Manifestation of Enterprise 2.0, in response to the Social Customer? The ability to not only support knowledgeable customers, but empower them. It is crucial to recognize that many customers will actually know more about your products than you do. If people truly are the platform, then trust is a critical element required to succeed. The ecosystem may be big or small, trust is the fuel that sustains it. Employees, Customers, Partners are mobile because they like it. The lines between personal and professional are blurred. Companies are global, as the ecosystem will be distributed across timezones and culture. It is not about We have to get past the Does not have an ROI In a Social Business In a Social Business we are A Social Business needs to be A Social Business is A Social Business is A Social Business Social Business through Social CRM The 'Me' generation does not like waiting on hold. By listening, learning and engaging the ecosystem (not just customers) you will be able to anticipate needs of individuals. You will be able to anticipate markets. Demanding customers are also very likely to become your biggest allies Customers are producing as much content as they are consuming. Only by listening to what is being said, will you be able to Co-Create value. The change is that economics is now much more than a transaction, it is about moving forward together. Times change, economies go up and down. While it may seem obvious, people are resourceful, and this will not change. This is not only consumers, but employees... "Do more with less". The interdependence should not be read as 'Bad', simply that leaning on eachother is the new way things are done. Maybe, but that makes it sound complex and all about Technology The Business Process/Objective: Increase the size of the ecosystem by creating buyers Attributes of the Business Process: Listening, Engaging, Information/Education, Transparency, Trust, Value Use Cases Used: Social Customer Insights (F1), Social Sales Insights (S1) Rapid Social Sales Response (S2) Educate potential buyers in a non-threatening way to build trust Allow people to engage the business in ways that are comfortable. Allow access to information as needed without interference Customer testimonials, communities and case studies But they should! Putting it to the test - Integrating the Use Cases Items to be added, tasks, roles and responsibilities Blog (writing and strategy), Monitored Channels, Social Connection Monitoring SEO Intelligent Aggregation Plus more Psst, we all do! We always did, it is just so darn easy now Phrase introduced to me by Graham Hill Spring 2009 Pictures are from Flickr/commons
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