Inside Intuit: Shifting to a Social First Mindset
•
11 likes•3,258 views
Presented at Social Fresh WEST 2012, this presentation will share how the Intuit is enhancing their systems, skills, structures and strategy to accelerate social growth. The discussion includes specific case studies for: Maximizing ROI thru measurement, Injecting social DNA into products, Building end-to-end content plans and Getting credit for innovation
Recommended
More Related Content
What's hot
What's hot (20)
Similar to Inside Intuit: Shifting to a Social First Mindset
Similar to Inside Intuit: Shifting to a Social First Mindset (20)
More from Adrian Parker
More from Adrian Parker (10)
Recently uploaded
Recently uploaded (20)
Inside Intuit: Shifting to a Social First Mindset
- 1. #InsideIntuit @adriandparker
- 2. How My Wife Cooks Dinner 1) Decide on the menu 2) Select accompanying recipe 3) Gather ingredients 4) Prep items and cooking area 5) Cook 6) Serve
- 3. How My Wife Cooks Dinner Predetermined goal 1) Decide on the menu Predictive performance 2) Select accompanying recipe Set tools & resources 3) Gather ingredients 4) Prep items andEstablished process cooking area 5) Cook Efficient results 6) Serve Delighted end users Procedural Planning Approach 1 2 3 4 5 6
- 4. How I Cook Dinner 1) Explore the kitchen 2) Assess available ingredients 3) Propose possible menu 4) Feedback 5) Cook & sample 6) Feedback 7) Serve 8) Feedback 9) Craft recipe
- 5. How I Cook Dinner Ambiguous challenge 1) Explore the kitchen Unproven tools 2) Assess available ingredients 3) Propose possible Learn & improvise menu 4) Feedback Embrace surprises 5) Cook & sample Interaction 6) Feedback Embrace errors 7) Serve Iterate 8) Feedback Embrace change 9) Craft recipe Generate solutions Iterative Planning Approach 2 3 4 7 9 1 2 3 4 5 2 3 4 6 8
- 6. A social first mindset isn’t briefed, it’s discovered. So how do we change our mindset? Here’s a look at some notable brands we can learn from…
- 8. Our Journey Today Progress over perfection 1. Keep pen & paper handy 2. Have fun 3. Learn to unlearn 4. Deck available via SlideShare Tweeting encouraged Share your thoughts & join the conversation! #InsideIntuit @adriandparker
- 9. POP QUIZ #InsideIntuit @adriandparker
- 10. Question #1 Do you or this statement? All social has a ROI #InsideIntuit @adriandparker
- 11. Measuring ROI 3 Dimensions of Return On Impact STRATEGIC INNOVATION FINANCIAL Drive the company vision Ignite ideas & learning Maximize high ROI tactics •NPS •Media coverage •Revenue/Conversion •Sentiment •Intent to purchase •Leads per $ spent •Mentions •Virality/Resonance •Customer Loyalty/LTV •Share of Voice •Consumer Insights •Cost Avoidance #InsideIntuit @adriandparker
- 12. CASE STUDY Promoting Intuit Tax Online CHALLENGE HYPOTHESIS TACTICS New cloud-based tax By focusing all social channels •Integrated online campaign software, Intuit Tax on a singular theme and •Tradeshow event Online, has relatively low creating an online event for •Social channel takeover awareness in emerging SaaS software, we can increase category. SOV 50%. •SOV increased 3X in 4 days OUTCOMES •Tax Online trials increased 24% and registrations 18% #InsideIntuit @adriandparker
- 13. Question #2 23 Why do customers your content or talk about your product? #InsideIntuit @adriandparker
- 14. Sharable Content Isn’t An Accident 4 Motivations To Design for Delight #1 Product Involvement “The product exceeded my expectations” #2 Self Involvement 20% 34% “I want to show I know a lot about the product” 21% #3 Other Involvement “I want to help others make good decisions” 25% #4 Message Involvement “The content is so humorous or informative that it deserves sharing” SOURCE: Ernest Dichter “How Word of Mouth Marketing Works” 1966 #InsideIntuit @adriandparker
- 15. Sharable Content Isn’t An Accident 4 Motivations To The Who, How Design for Delight #1 Product Involvement & Why of Word exceeded my expectations” “The product #2 Self Involvement 20% of Mouth “I want to show I know a lot about the 34% product” Ernest Dichter, 1966 21% #3 Other Involvement “I want to help others make good decisions” 25% #4 Message Involvement “The content is so humorous or informative that it deserves sharing” SOURCE: Ernest Dichter “How Word of Mouth Marketing Works” 1966 #InsideIntuit @adriandparker
- 16. Focus On Consumer Needs Not Brand Wants Delight Customers Thru Innovation Design for Delight Know them & exceed their Think big and expectations evaluate hard Spend more time talking to them than talking about them #InsideIntuit @adriandparker
- 17. CASE STUDY Off-Peak Content Engagement CHALLENGE HYPOTHESIS TACTICS During tax season Tax Simple messages of humor and •Source UGC Professionals are hard to appreciation combined with •Create cartoon content reach and engagement clear calls-to-action will ignite •Encourage sharing/spread requires a different Tax chatter. approach. •Facebook engagement increased 10X OUTCOMES #InsideIntuit @adriandparker
- 18. Question #3 List 3 brands that you , , , , , or to. #InsideIntuit @adriandparker
- 19. Think Like A Consumer They , , , , , and for the same reasons we do. Why they actually engage: Why brands think they engage: 1. Discount 61% 1. Learn New Products 73% 2. Purchase 55% 2. General Info 71% 3. Reviews/Ranking 53% 3. Submit Opinion 69% 4. General Info 53% 4. Exclusive Info 68% 5. Exclusive Info 52% 5. Reviews/Rankings 67% Source: Harvard Business Review May 2012 – To Keep Your Customers Keep It Simple #InsideIntuit @adriandparker
- 20. Think About Conversations Strategically GOAL: Enterprise-wide priorities Share of Voice GOAL: Awareness & Acquisition GOAL: Communities & Connections May June July Aug Sept Oct Nov #InsideIntuit @adriandparker
- 21. Question #4 If you could choose anyone in the world to promote your brand, who would it be? #InsideIntuit #InsideIntuit @adriandparker
- 22. Our Biggest Challenge CONSUMERS TRUST THESE FORMS OF MARKETING: 1 Personal Referrals 90% 2 Blogs/Forums 70% 3 Brand Websites 70% 4 Editorial Content 69% 5 Brand Sponsorships 65% 6 Television 62% Source: http://blog.nielsen.com/nielsenwire/consumer/global-advertising-consumers-trust-real-friends-and-virtual-strangers-the-most/ #InsideIntuit @adriandparker
- 23. Our Biggest Challenge BRANDS INVEST IN THESE FORMS OF MARKETING: 1 Circular 2 Television 3 Direct Mail 4 Search 5 Email 6 Radio Source: http://blog.nielsen.com/nielsenwire/consumer/global-advertising-consumers-trust-real-friends-and-virtual-strangers-the-most/ #InsideIntuit @adriandparker
- 24. Our Biggest Challenge BRANDS INVEST Awareness MARKETING: IN THESE FORMS OF 1 Circular 2 Television 3 Direct Mail Trust 4 Search 5 Email 6 Radio Source: http://blog.nielsen.com/nielsenwire/consumer/global-advertising-consumers-trust-real-friends-and-virtual-strangers-the-most/ #InsideIntuit @adriandparker
- 25. Fishing For Influence Social Broadcasters Bait: Access & Info Mass Influencers Bait: Content/Innovation Potential Influencers Bait: Shareable Content #InsideIntuit @adriandparker
- 26. CASE STUDY Social Service in Action CHALLENGE HYPOTHESIS TACTICS Customers engage across a If marketing partners with Sales •Dedicated Social Managers number of different channels & Support to filter, escalate and •Closer partnership with S3 to find solutions for APD acknowledge customers across •Always-on social presence software and they expect multiple channels, we can build support on their terms. promoters. •Converted detractors into promoters. OUTCOMES •Drove 40% of web revenue during promo period. #InsideIntuit @adriandparker
- 27. Question #5 Who is the Head of Social Media for your company? ? Customer #InsideIntuit @adriandparker
- 28. Organizing Around The Work Structure STRATEGY Skills Systems COMPANY CULTURE #InsideIntuit @adriandparker
- 29. Building Your Blueprint INTUIT Employees Customer Shareholder Social, Mobile & Global DIVISION STRATEGY Social Center of Excellence Grow Tax Measurement Sales Support PR Toolkit Lead Gen & Community & Media, Promoters, C Grow Acquisition Customers ommunity Accounting Charter Governance Penetrate Base Roadmap Social/Mobile Mktg Education Research Content & Accelerate Influencers Community Owned Assets Tech Small Biz Vendors ecosystem #InsideIntuit @adriandparker
- 30. Building Your Blueprint INTUIT Employees Customer Shareholder Social, Mobile & Global DIVISION STRATEGY Social Center of Excellence Social Vision Grow Tax Measurement Sales Support PR Toolkit Lead Gen & Community & Media, Promoters, C Grow Acquisition Customers ommunity Accounting Charter Governance Penetrate Base Roadmap Social/Mobile Mktg Education Accelerate Research Marketing Strategy Content & Tech Influencers Community Owned Assets Small Biz Vendors ecosystem #InsideIntuit @adriandparker
- 31. Plan Across Multiple Horizons 2011 2012 2013 2014 Learning & Channel Center of Customer-Centric Development Marketing Excellence Marketing Ancillary Function & Manage Creative, Multichannel Customer Alignment and X-Biz Specialized Execution Communities & Engagement Consultants & Enablers Integration Decentralized Coordinated Hub & Spoke Holistic SOURCE: Altimeter Group #InsideIntuit @adriandparker
- 32. Plan Across Multiple Horizons Sales & Support •Social Ambassadors •Empowered Staff 2011 2012 2013 2014 Product •Training Owned Assets •Optimize experience •Integrated Creative Learning Loop •Feedback & Channel Center of Customer-Centric •Shared Resources Development •Social Integration Marketing Excellence Marketing Ancillary Function & Manage Creative, Multichannel Customer Alignment and X-Biz Specialized Execution Communities & Engagement Consultants & Enablers Integration CUSTOMER Promoters Community •Users Helping Users •Media Coverage •Dedicated Resources •Ambassadors •Disruptive Promotions •Thought Leadership •Own The Conversation •Integrated Events Content Decentralized Coordinated Hub & Spoke Holistic •Quality Video •Mobile-enabled •Simple •Consumer & Biz Generated SOURCE: Altimeter Group #InsideIntuit @adriandparker
- 33. “ #InsideIntuit @adriandparker Scott Cook
- 34. Social Library Strategy Business #InsideIntuit @adriandparker
- 35. Thank You. Let’s Stay Connected. @adriandparker youtube.com/adriandparker facebook.com/adriandparker foursquare.com/adriandparker adriandparker.com slideshare.net/adriandparker linkedin.com/in/adriandparker adriandparker Adrian Parker pinterest.com/adriandparker #InsideIntuit @adriandparker
Editor's Notes
- Image by Justin Stephenshttp://www.inc.com/ss/reflections-entrepreneurial-journey
- Four motivations for a person to communicate about brands:The first (about 33% of the cases) is because of product-involvement. The experience is so novel and pleasurable that it must be shared. The second (about 24%) is self-involvement. Sharing knowledge or opinions is a way to gain attention, show connoisseurship, feel like a pioneer, have inside information, seek confirmation of a person's own judgment, or assert superiority. The third (around 20%) is other-involvement. The speaker wants to reach out and help to express neighborliness, caring, and friendship.The fourth (around 20%) is message-involvement. The message is so humorous or informative that it deserves sharing.http://blogs.hbr.org/cs/2011/06/secrets_of_social_media_reveal.htmlhttp://www.ignitesocialmedia.com/social-media-promotion/why-people-share-content/
- Four motivations for a person to communicate about brands:The first (about 33% of the cases) is because of product-involvement. The experience is so novel and pleasurable that it must be shared. The second (about 24%) is self-involvement. Sharing knowledge or opinions is a way to gain attention, show connoisseurship, feel like a pioneer, have inside information, seek confirmation of a person's own judgment, or assert superiority. The third (around 20%) is other-involvement. The speaker wants to reach out and help to express neighborliness, caring, and friendship.The fourth (around 20%) is message-involvement. The message is so humorous or informative that it deserves sharing.http://blogs.hbr.org/cs/2011/06/secrets_of_social_media_reveal.htmlhttp://www.ignitesocialmedia.com/social-media-promotion/why-people-share-content/
- Rapid Experimentation with Customers...never get too far from your customer without getting input...this is not to say customers have the answers, but it does state you are keeping staying close to your target and understand their point of viewGo Broad to Go NarrowQuite simply this argues that if you are to come up with one great idea, you’d better think up a whole lot more ideas than the one idea you think is great....and to be clear..when we say go narrow...what we are stating is that you need to be critical and disciplined about the evaluation of all ideas.Deep Customer EmpathyThis is the workhorse of Intuit. If you do not know your customer better than they know themselves, you can never delight them. You can never exceed their expectations... Your competitors now often start-ups, solving for their needs....how will you compete with that? This is how the mighty fall....
- Image by Justin Stephenshttp://www.inc.com/ss/reflections-entrepreneurial-journey
- Tactical business recommendations on how to Listen, Talk, Energize, Support and Embrace your customers using social technology.A detailed explanation of the shift in brands’ relationships with their customers, which is characterized by shift in control and power.Guidance on the various types of online activities (aka “technographics) that consumers use and how to determine which is right for your brand.