5 paths to web 2.0 profits

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    Sitecore Content Management Solutions Sitecore is a trademark of Sitecore A/S. All other brand and product names are the property of their respective holders. Copyright © 2001-2003 Sitecore A/S. All Rights Reserved.” Page

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    5 paths to web 2.0 profits - Presentation Transcript

    1. Sitecore 5 Paths to Web 2.0 profit
    2. About Sitecore
      • Leading provider of enterprise-class .NET web content management and portal software for mid-to-large organizations
      • Presence
        • San Francisco, Boston, Copenhagen, London, Munich, Brisbane , Stockholm and Amsterdam
      • Stability
        • Profitable since inception in 1999, same owners, same vision and same technology (.NET)
      • Customers
        • Over 1500 client installations managing over 6000 web sites worldwide
      • Recognized
        • Best Microsoft technology alignment, Microsoft ISV Partner of the Year 2003/2004, Microsoft Gold Partner
        • Gartner Cool Vendor 2008,
        • Gartner WCM Marketscope rank: Positive
      • Supported
        • Over 450 Sitecore Certified Partners worldwide, with over 100 in North America
    3. Key Sitecore customers
    4. The perception problem of Web 2.0
      • “ Not in my company” syndrome
      • The business impact remains unclear
      • Process integration challenges
      • Control issues
      • Add in the challenges of a down economy and...
      • Goodbye Tolerance for risk…
      • You stay with what you know
    5. Now is the perfect time for Web 2.0
    6. How do you really put Web 2.0 to work?
      • The 5 Paths:
      • Building trust and community between organizations and customers
      • Enhancing innovation through crowdsourcing and community collaboration
      • Fueling word of mouth marketing
      • Gaining customer understanding from user created content and continuous feedback
      • Improving customer service and satisfaction by allowing customers to help each other.
    7. Building trust and community
      • Why Trust?
      • Organizations can no longer dictate their brands
        • We must move from broadcasting our brand to being influencers
        • Credibility and trustworthiness is crucial
        • Our ability to influence is tied directly to our credibility
      • We must harness our customers as brand defenders and brand champions
        • Can’t do that without trust and commitment
        • Customers will tolerate much if they believe in you
      • Trust overcomes fear of risk at the end of the purchase cycle
    8.  
    9.  
    10. So how do you build trust?
      • Meet your customers online, and engage
      • Give them a platform to interact, and engage to solve their issues
      • Better they do it at your place than a somewhere you can’t control
      • Monitor everything being said about you, engage when you can help
      • Be honest, transparency goes a long way
      • Build tools and materials for your brand defenders
    11. How else can you leverage community?
      • Communities naturally generate fans
        • Harness their excitement and enthusiasm to spread to others
        • Encourage them to tell their stories and put them to work
        • Your most challenging customers can be your fiercest advocates
        • Reputation and content rating is a powerful way to encourage community
        • Blend community content seamlessly into your web experience to build a sense of safety
        • Communities will tell you what is most important to them
    12.  
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    16. Enhancing innovation
      • Customers are the best source for product enhancements requirements
      • Groups of people make collective decisions much better than even expert individuals do
        • As long as a group includes a diverse set of people making independent decisions
        • It isn’t the number of experts in the group, but the diversity of the perspectives that count
      • Decision markets predict sporting events and election results with greater accuracy
    17. Social computing changes how enterprises innovate February 2006, Forrester Big Idea “Social Computing”
    18.  
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    21. Fueling word of mouth marketing
      • PR 2.0
        • Get out ahead of it, don’t let it come to you
        • Generate content the community wants
        • Syndicate, syndicate, syndicate
        • Make it easy for your community to syndicate, syndicate, syndicate
      • Proactively generate goodwill moments
        • This will fall out of building trust
        • Make it easy for your community to tell those stories
      • Generate content, make yourself findable
    22. Be Findable
      • Todd Defren @ Pr-squared.com
      • “ Social Media Marketing in tough times”
    23. Get connected everywhere…
      • Todd Defren @ Pr-squared.com
      • “ Social Media Marketing in tough times”
    24.  
    25.  
    26. Gaining customer understanding
      • Communities can often tell you far more than web analytics can
      • Gain customer insight based on how they interact in the community (blog, polls, comments, friends, groups)
      • Customers create the most value for you when you create the most value for them
    27.  
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    29. Improving customer service and satisfaction
      • Customers can often solve problems for each other
      • When you are engaged in the community, customers are more apt to help each other
      • Companies and brands don’t foster loyalty, people do
      • Get visible, appoint personnel in the organization empowered to act in the community
      • Ensure lessons of the past are easily found and used
    30.  
    31. Summary
      • The 5 Paths can lead to Web profits:
      • Building trust and community between organizations and customers
      • Enhancing innovation through crowdsourcing and community collaboration
      • Fueling word of mouth marketing
      • Gaining customer understanding from user created content and continuous feedback
      • Improving customer service and satisfaction by allowing customers to help each other.
    32. Questions? Darren Guarnaccia [email_address]

    + Darren GuarnacciaDarren Guarnaccia, 2 years ago

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