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Vinod Harikumar
VICE PRESIDENT
CLARUZ DIGITAL
NEW DELHI, INDIA ~ OCTOBER 16 - 17, 2019 | DIGIMARCONINDIA.IN
#DigiMarConIndia
Community Building
Master Class
MASTERCLASS
Fostering Innovation
Inspiring Excellence
w w w . c l a r u z . c o m
WHY DO COMMUNITIES MATTER?
Vinod Harikumar
Vice President – Claruz Digital
w w w . c l a r u z . c o m
There is no power for change greater than
a community discovering what it cares
about. – Margaret J. Wheatley
w w w . c l a r u z . c o m
BRAND
ENTHUSIASTIC
BRAND
ADMIRERS
NON-COMMITTALS PROSPECTS
Why should you focus more on
w w w . c l a r u z . c o m
communities than ever before?
01
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Top 3 factors that influence whether a product is considered at each
stage of the consumer decision journey.s
In mature markets In developing markets
Stage 1
Initial consideration set
Advertising
Previous usage
Word of mouth
Word of mouth
Advertising
Previous usage
Internet Information
Shopping
Word of mouth
Stage 2
Active evaluation
Stage 3
Moment of purchase
Word of mouth
Advertising
Previous usage
Internet Information
Shopping
Word of mouth
Word of mouth
Advertising
Previous usage
18
26
30
19
20
29
10
20
65
9
40
46
13
26
28
15
17
18
w w w . c l a r u z . c o m
84% of people says, they trust a
peer than an Advert, to make a
purchasing decision.
01
w w w . c l a r u z . c o m
72%people look at Online
community as much as offline
communities
02
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88%people in India now expect
brands to actively contribute to
society.
03
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In India 88%of people online, consider
themselves global citizens
04
How community building can help you
w w w . c l a r u z . c o m
save your marketing costs
02
w w w . c l a r u z . c o m
The most powerful way a company can add
value is to provide a place where prospects,
customers and the company itself can interact
w w w . c l a r u z . c o m
w w w . c l a r u z . c o m
Here’s to the crazy ones. The misfits. The rebels. The troublemakers
w w w . c l a r u z . c o m
Reduced customer support costs – 49%of
businesses with online communities report
cost savings of 10% to 25% annually
01
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Boosted brand exposure and credibility,
making it easier to sell without selling
02
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67% of businesses use communities for
insights on new products or services and
features
03
w w w . c l a r u z . c o m
Heightened engagement
and better customer retention
04
w w w . c l a r u z . c o m
A channel through which to present
products and services before the
official launch
05
According to Gartner Group, a hefty chunk of a
company’s future revenue growth, about 80%,
will come from a modest and dependable 20%
portion of their existing customers.
w w w . c l a r u z . c o m
w w w . c l a r u z . c o m
BeautyTalk users spent 2.5 times more than regular Sephora
customers, and the biggest fans spent more than TEN times more.
The success rate of selling to a customer you already have is 60-70%,
while the success rate of selling to a new customer is 5-20%.
w w w . c l a r u z . c o m
Acquiring a new customer can cost five times more than retaining an
existing customer.
Increasing customer retention by 5% can increase profits from 25-95%.
How to build and maintain a
w w w . c l a r u z . c o m
successful community
03
w w w . c l a r u z . c o m
The best online communities start with
a good plan
Focused marketing of their products to the Innovators &
Early adopters in the Technology adoption curve &
making them brand ambassadors for the One plus
products.
w w w . c l a r u z . c o m
What makes a community?
w w w . c l a r u z . c o m
Expertise
Passion
Beliefs
Situations
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Reciprocity
Relationships
What nurtures a community?
w w w . c l a r u z . c o m
Identify and recruit a small group of early
adopters who will drive the early activity
How should a marketer look upon a community
w w w . c l a r u z . c o m
A community is not just your target audience
w w w . c l a r u z . c o m
big
Think
GoPro wants customers to become heroes of their own adventures.
GoPro constantly features interesting and exciting user-generated
content.
GoPro cameras allow individuals to show off their unique skills.
w w w . c l a r u z . c o m
Pinterest is the third-largest source of referral traffic on the Internet,
with 265 Million users, and generates 400% more revenue per click
than Twitter!
w w w . c l a r u z . c o m
Red Bull organizes all kinds of crazy extreme sporting events.
Red Bull’s youth driver’s program was so successful, they had to buy
a second F1 team just to fit them in their rosters.
Red Bull supports spinal cord research.
w w w . c l a r u z . c o m
What can I offer the community?
w w w . c l a r u z . c o m
Are there relevant communities I haven't considered?
What inspiration can I find when I look at communities that
share my brand's passions or values?
w w w . c l a r u z . c o m
1. Choose a platform
• Analytics
• Ease of use and good user interface
• Customer support
• Platform flexibility
• Integrations
• Mobile
Setting up an Online Community
w w w . c l a r u z . c o m
2. Develop a vision-based framework
• Increase your customer satisfaction ratings?
• Decrease costs related to customer support?
• Increase demand of your product/service?
• Identify and mobilize influencers and advocates?
• Increase collaboration?
Setting up an Online Community
w w w . c l a r u z . c o m
3. Identify key internal stakeholder KPIs
Marketing KPIs
Setting up an Online Community
Product Management
Operations
• Market share
• Customer sentiment
• Mobilizing influencers
& advocates
• NPS - Net Promoter Score
• Operational efficiency
• Reducing support costs
• Customer Service
• Customer Satisfaction Score
• Product testing
• Market research
• Beta testing
• Customer feedback
w w w . c l a r u z . c o m
4. Set up your community
• Community pre-launch plan
• Creating your initial categories
• Reviewing the sign-up process for members
• Defining the roles of members
• Deciding enabled features
Setting up an Online Community
• Implementing your theme
• Configuring spam controls
• Setting up communications
• Testing
w w w . c l a r u z . c o m
5. Plan a launch
• Who should you include in this group?
• What problems do you want to solve in beta stage?
• What is your hard deadline to take your community to fully live?
• Refining your community
• What is needed to transition the community to live status
• Ensuring that your moderators and team are comfortable with the platform
• Set up a Feedback system
Setting up an Online Community
w w w . c l a r u z . c o m
6. Promote your community
• Invite your contacts
• Discuss with everyone and anyone.
• Create gamification
• Build engagement through contests or reward systems
• Partner with influencers
Setting up an Online Community
Give and Don’t Expect anything in Return!
w w w . c l a r u z . c o m
Understand Why Customers Come Back
Identify Your Active Members
Be Human
The Future of Communities
w w w . c l a r u z . c o m
04
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The good news is that it's never been easier to
build an online community
What is the future of community management?
w w w . c l a r u z . c o m
AI and ML
Information
Empowerment
What makes a community?
w w w . c l a r u z . c o m
AI and ML
Information
Empowerment
Community Building
Community Management
What makes a community?
w w w . c l a r u z . c o m
AI and ML
Information
Empowerment
Knowledge sharing
Transparency
Authenticity
What makes a community?
w w w . c l a r u z . c o m
AI and ML
Information
Empowerment
Brand Ambassadors
Decision Making
Social Contributions
w w w . c l a r u z . c o m
Alone, we can do so little; together, we can do
so much –Helen Keller
w w w . c l a r u z . c o m
Questions?
Thank You
Vinod Harikumar
Community Building Master Class - Vinod Harikumar, Claruz Digital

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Community Building Master Class - Vinod Harikumar, Claruz Digital

  • 1. Vinod Harikumar VICE PRESIDENT CLARUZ DIGITAL NEW DELHI, INDIA ~ OCTOBER 16 - 17, 2019 | DIGIMARCONINDIA.IN #DigiMarConIndia Community Building Master Class MASTERCLASS
  • 2. Fostering Innovation Inspiring Excellence w w w . c l a r u z . c o m WHY DO COMMUNITIES MATTER? Vinod Harikumar Vice President – Claruz Digital
  • 3. w w w . c l a r u z . c o m There is no power for change greater than a community discovering what it cares about. – Margaret J. Wheatley
  • 4. w w w . c l a r u z . c o m BRAND ENTHUSIASTIC BRAND ADMIRERS NON-COMMITTALS PROSPECTS
  • 5. Why should you focus more on w w w . c l a r u z . c o m communities than ever before? 01
  • 6. w w w . c l a r u z . c o m Top 3 factors that influence whether a product is considered at each stage of the consumer decision journey.s In mature markets In developing markets Stage 1 Initial consideration set Advertising Previous usage Word of mouth Word of mouth Advertising Previous usage Internet Information Shopping Word of mouth Stage 2 Active evaluation Stage 3 Moment of purchase Word of mouth Advertising Previous usage Internet Information Shopping Word of mouth Word of mouth Advertising Previous usage 18 26 30 19 20 29 10 20 65 9 40 46 13 26 28 15 17 18
  • 7. w w w . c l a r u z . c o m 84% of people says, they trust a peer than an Advert, to make a purchasing decision. 01
  • 8. w w w . c l a r u z . c o m 72%people look at Online community as much as offline communities 02
  • 9. w w w . c l a r u z . c o m 88%people in India now expect brands to actively contribute to society. 03
  • 10. w w w . c l a r u z . c o m In India 88%of people online, consider themselves global citizens 04
  • 11. How community building can help you w w w . c l a r u z . c o m save your marketing costs 02
  • 12. w w w . c l a r u z . c o m The most powerful way a company can add value is to provide a place where prospects, customers and the company itself can interact
  • 13. w w w . c l a r u z . c o m
  • 14. w w w . c l a r u z . c o m Here’s to the crazy ones. The misfits. The rebels. The troublemakers
  • 15. w w w . c l a r u z . c o m Reduced customer support costs – 49%of businesses with online communities report cost savings of 10% to 25% annually 01
  • 16. w w w . c l a r u z . c o m Boosted brand exposure and credibility, making it easier to sell without selling 02
  • 17. w w w . c l a r u z . c o m 67% of businesses use communities for insights on new products or services and features 03
  • 18. w w w . c l a r u z . c o m Heightened engagement and better customer retention 04
  • 19. w w w . c l a r u z . c o m A channel through which to present products and services before the official launch 05
  • 20. According to Gartner Group, a hefty chunk of a company’s future revenue growth, about 80%, will come from a modest and dependable 20% portion of their existing customers. w w w . c l a r u z . c o m
  • 21. w w w . c l a r u z . c o m BeautyTalk users spent 2.5 times more than regular Sephora customers, and the biggest fans spent more than TEN times more.
  • 22. The success rate of selling to a customer you already have is 60-70%, while the success rate of selling to a new customer is 5-20%. w w w . c l a r u z . c o m Acquiring a new customer can cost five times more than retaining an existing customer. Increasing customer retention by 5% can increase profits from 25-95%.
  • 23. How to build and maintain a w w w . c l a r u z . c o m successful community 03
  • 24. w w w . c l a r u z . c o m The best online communities start with a good plan
  • 25. Focused marketing of their products to the Innovators & Early adopters in the Technology adoption curve & making them brand ambassadors for the One plus products. w w w . c l a r u z . c o m
  • 26. What makes a community? w w w . c l a r u z . c o m Expertise Passion Beliefs Situations
  • 27. w w w . c l a r u z . c o m Reciprocity Relationships What nurtures a community?
  • 28. w w w . c l a r u z . c o m Identify and recruit a small group of early adopters who will drive the early activity
  • 29. How should a marketer look upon a community w w w . c l a r u z . c o m
  • 30. A community is not just your target audience w w w . c l a r u z . c o m big Think
  • 31. GoPro wants customers to become heroes of their own adventures. GoPro constantly features interesting and exciting user-generated content. GoPro cameras allow individuals to show off their unique skills. w w w . c l a r u z . c o m
  • 32. Pinterest is the third-largest source of referral traffic on the Internet, with 265 Million users, and generates 400% more revenue per click than Twitter! w w w . c l a r u z . c o m
  • 33. Red Bull organizes all kinds of crazy extreme sporting events. Red Bull’s youth driver’s program was so successful, they had to buy a second F1 team just to fit them in their rosters. Red Bull supports spinal cord research. w w w . c l a r u z . c o m
  • 34. What can I offer the community? w w w . c l a r u z . c o m Are there relevant communities I haven't considered? What inspiration can I find when I look at communities that share my brand's passions or values?
  • 35. w w w . c l a r u z . c o m 1. Choose a platform • Analytics • Ease of use and good user interface • Customer support • Platform flexibility • Integrations • Mobile Setting up an Online Community
  • 36. w w w . c l a r u z . c o m 2. Develop a vision-based framework • Increase your customer satisfaction ratings? • Decrease costs related to customer support? • Increase demand of your product/service? • Identify and mobilize influencers and advocates? • Increase collaboration? Setting up an Online Community
  • 37. w w w . c l a r u z . c o m 3. Identify key internal stakeholder KPIs Marketing KPIs Setting up an Online Community Product Management Operations • Market share • Customer sentiment • Mobilizing influencers & advocates • NPS - Net Promoter Score • Operational efficiency • Reducing support costs • Customer Service • Customer Satisfaction Score • Product testing • Market research • Beta testing • Customer feedback
  • 38. w w w . c l a r u z . c o m 4. Set up your community • Community pre-launch plan • Creating your initial categories • Reviewing the sign-up process for members • Defining the roles of members • Deciding enabled features Setting up an Online Community • Implementing your theme • Configuring spam controls • Setting up communications • Testing
  • 39. w w w . c l a r u z . c o m 5. Plan a launch • Who should you include in this group? • What problems do you want to solve in beta stage? • What is your hard deadline to take your community to fully live? • Refining your community • What is needed to transition the community to live status • Ensuring that your moderators and team are comfortable with the platform • Set up a Feedback system Setting up an Online Community
  • 40. w w w . c l a r u z . c o m 6. Promote your community • Invite your contacts • Discuss with everyone and anyone. • Create gamification • Build engagement through contests or reward systems • Partner with influencers Setting up an Online Community
  • 41. Give and Don’t Expect anything in Return! w w w . c l a r u z . c o m Understand Why Customers Come Back Identify Your Active Members Be Human
  • 42. The Future of Communities w w w . c l a r u z . c o m 04
  • 43. w w w . c l a r u z . c o m The good news is that it's never been easier to build an online community
  • 44. What is the future of community management? w w w . c l a r u z . c o m AI and ML Information Empowerment
  • 45. What makes a community? w w w . c l a r u z . c o m AI and ML Information Empowerment Community Building Community Management
  • 46. What makes a community? w w w . c l a r u z . c o m AI and ML Information Empowerment Knowledge sharing Transparency Authenticity
  • 47. What makes a community? w w w . c l a r u z . c o m AI and ML Information Empowerment Brand Ambassadors Decision Making Social Contributions
  • 48. w w w . c l a r u z . c o m Alone, we can do so little; together, we can do so much –Helen Keller
  • 49. w w w . c l a r u z . c o m Questions?