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What is Your Internal Priority?
Sankaranarayanan




 22-23, June 2012
 Chennai


                    Consulting Services
Priority
"What we learned: Social media starts with
brand priorities...It is all about what makes sense
for each brand. What are the priorities, and
what are the tools that support their goals?"

Mr Brian Snyder, Senior Manager, Interactive
Communications, Whirlpool
Priority
Revenue
Making Money out of Co-Creation




                       Consulting Services
Idea
Crowd Sourcing




                 Consulting Services
Stakeholder Support
Customer relations, investor relations




                         Consulting Services
Evangelism
Corporate Social Responsiblity




                         Consulting Services
What is your Priority ?
Hmmmm




                 Consulting Services
What to Measure and Manage
  Business   Measure                  Manage

             Leads by channel         Effectiveness of social
  Revenue                             channels for conversion
             Conversions by channel   and revenue generation

             Visit loyalty            Influence of social
                                      experience in purchase
             Review ratings           behaviour
What to Measure and Manage
  Business   Measure                    Manage

             Number of submission of    Unmet needs: pain areas
  Ideas      ideas through comments,    of customers, lead users,
             polls, etc                 non users

             Sharing of ideas through   Which are most liked,
             likes, RTs                 desired ideas

             Rating of ideas through    Perspective on popularity
             votes                      of ideas
What to Measure and Manage
  Business   Measure              Manage

             Resolution rate      Support cost: how to use
  Support                         social media to bring
             Resolution time      down the support cost?

             Satisfaction score   User generate support:
                                  How company can
             Member engagement    leverage the participation
                                  of members for providing
                                  customer support?
What to Measure and Manage
  Business     Measure                       Manage

               Positive, negative, neutral   Appeal: how people feel
  Evangelism   sentiment                     about your cause

               No of fans, followers, for    Awareness: Conversation
               the cause                     drivers/
                                             Frequently shared topics
               Top shared, liked, RTed
               content
Setting up Social Business
Dashboard
Link to the Worksheet on designing
your own metrics




                        Consulting Services

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Social Business Dashboard

  • 1. What is Your Internal Priority? Sankaranarayanan 22-23, June 2012 Chennai Consulting Services
  • 2. Priority "What we learned: Social media starts with brand priorities...It is all about what makes sense for each brand. What are the priorities, and what are the tools that support their goals?" Mr Brian Snyder, Senior Manager, Interactive Communications, Whirlpool
  • 4. Revenue Making Money out of Co-Creation Consulting Services
  • 5.
  • 6. Idea Crowd Sourcing Consulting Services
  • 7.
  • 8.
  • 9. Stakeholder Support Customer relations, investor relations Consulting Services
  • 10.
  • 11.
  • 13.
  • 14.
  • 15. What is your Priority ? Hmmmm Consulting Services
  • 16. What to Measure and Manage Business Measure Manage Leads by channel Effectiveness of social Revenue channels for conversion Conversions by channel and revenue generation Visit loyalty Influence of social experience in purchase Review ratings behaviour
  • 17. What to Measure and Manage Business Measure Manage Number of submission of Unmet needs: pain areas Ideas ideas through comments, of customers, lead users, polls, etc non users Sharing of ideas through Which are most liked, likes, RTs desired ideas Rating of ideas through Perspective on popularity votes of ideas
  • 18. What to Measure and Manage Business Measure Manage Resolution rate Support cost: how to use Support social media to bring Resolution time down the support cost? Satisfaction score User generate support: How company can Member engagement leverage the participation of members for providing customer support?
  • 19. What to Measure and Manage Business Measure Manage Positive, negative, neutral Appeal: how people feel Evangelism sentiment about your cause No of fans, followers, for Awareness: Conversation the cause drivers/ Frequently shared topics Top shared, liked, RTed content
  • 20. Setting up Social Business Dashboard Link to the Worksheet on designing your own metrics Consulting Services