A fundamental shift in business communications is taking place. Technology is changing rapidly, real-time discussions are having more impact on business and the global economy is moving toward greater efficiency and austerity. In this environment, it is critical to maximize effective communication and build a sustainable approach to customer retention.
Lean startups appreciate that social media is inherently inexpensive. But it is also key to recognize that it takes time and much effort―part of the “sweat equity” that many businesses require.
Join us as we discuss developing and implementing a social media and customer relationship management (CRM) business strategy. Learn about building a presence, maintaining a reputation and creating a sustainable business for the long term.
Social Business: An evolution in developing sustainability - MaRS Best Practices
1. Prepared for: MaRS Discovery
District
Social Business: An Evolution in
Developing Sustainability
February 28, 2013
Confidential ArCompany Inc. — February 27, Slide · 1
14. marketing is dead
the customer is in control
Confidential ArCompany Inc. — February 27, Slide · 14
15. Value is the New Norm
Confidential ArCompany Inc. — February 27, Slide · 15
16. …to massmoving from
we are engagement
mass marketing
…at an individual level
…among millions at one
time
Confidential ArCompany Inc. — February 27, Slide · 16
17. Start-ups are poised to do this
Cost: Benefits:
Ø Nominal marketing Ø Improved organic search engine
investment ranking
Ø Insight tools Ø Increased brand visibility
Ø Research Ø Thought leadership development
Ø Comprehensive market insights
Ø Employee effort Ø Increased network opportunities:
Ø Understanding partners, clients, amplification
Ø Desire Ø Support development of products
Ø Consistency Ø Gain competitive intelligence
Ø Analysis Ø Retain clients
Ø Engagement Ø Sustainability
Confidential ArCompany Inc. — February 27, Slide · 17
18. conversation data is abundant
Confidential ArCompany Inc. — February 27, Slide · 18
19. “
that’s being said about ourselves, our
Technology can help us listen to everything
company, our brand…….
But finding that one key, that game-changing
insight in a sea of chatter and then actually
doing something about it is another story.
David Armano
”
Confidential ArCompany Inc. — February 27, Slide · 19
21. news travels fast…search and social are connected
Increasingly,
product quality and
what a brand
stands for are
determined by
Google
Confidential ArCompany Inc. — February 27, Slide · 21
22. tell your story from the beginning
Confidential ArCompany Inc. — February 27, Slide · 22
24. develop thought leadership: Indium Corp
Ø Content – Contact -
Cash
Ø 600% increase in
lead generation
from 1 quarter to
the next
Ø Social Media sales
leads “are the best
leads ever
received”
Confidential ArCompany Inc. — February 27, Slide · 24
49. social CRM is about
building advocacy and
business sustainability
Confidential ArCompany Inc. — February 27, Slide · 49
50. sCRM: Amplified
Old School The Social Way
Main Driver Transaction Conversation
Marketing planned, one-way, nimble, hyper-responsible,
Inflexible dialogue, insights
Sales black book and interaction-based,
transaction-driven sourced from insights
Customer Support limited hours, script- dynamic, “always on”,
based multiple platforms
Feedback occasional surveys, multiple platforms that
quarterly customer feedback into Sales,
insights Marketing, Support in real
time
Confidential ArCompany Inc. — February 27, Slide · 50