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Convincing The CFO That B2B Social Media Can Be A
Profit Center Generator Rather Than A Cost Drain

Sarah Goodall
Head of Social Media, EMEA        #csmb2b @sarahgoodall
The CFO View Of The Social World




       Shareholder Value - Margin - Profit - Brand - ROI


ยฉ 2012 SAP AG. All rights reserved.             #csmb2b @sarahgoodall   2
A Profit Center



                                      โ€œA section of a
                                      company treated
                                      as a separate
                                      business. Thus
                                      profits or losses
                                      for a profit center
                                      are calculated
                                      separatelyโ€



ยฉ 2012 SAP AG. All rights reserved.           #csmb2b @sarahgoodall   3
My Background




ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   4
About SAP
We Help Organisations Do What They Do...Better




ยฉ 2012 SAP AG. All rights reserved.              #csmb2b @sarahgoodall   5
Social Media Is Central To The B2B Decision Journey




ยฉ 2012 SAP AG. All rights reserved.        #csmb2b @sarahgoodall   6
ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   7
Changing Face Of B2B Marketing



                                      Change in
                                      sales
                                      Sales engage later
                                      with more informed
                                      customers

                                      Change in
                                      marketing
                                      Transition more of our
                                      efforts to inbound




ยฉ 2012 SAP AG. All rights reserved.            #csmb2b @sarahgoodall   8
Cost Per Lead A Driving Factor




ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   9
Social Strategy At SAP




ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   10
SAP Social Communities




  Host

  Orchestrate

  Participate


ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   11
The SAP Community Network




ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   12
ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   13
Social Innovation




ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   14
The ROI Pyramid




ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   15
SAP Social Strategy




ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   16
Social Innovation




                                      ๏ฎ 10,136 Ideas
                                      ๏ฎ 508 Under Review
                                      ๏ฎ 265 Delivered
                                        Ideas
                                      ๏ฎ 7,771 Comments
                                      ๏ฎ 45,140 Votes
               Voting

                                      Potential cost of
                                      R&D saved



ยฉ 2012 SAP AG. All rights reserved.    #csmb2b @sarahgoodall   17
Social Commerce
Automated Tracking Of Social Influence On Revenue

               SAPPHIRE NOW 2012
 40,200 Tweets, Facebook Posts YouTube Videos
 and Blogs related to SAPPHIRE NOW have been
                     published

                                        Non-SAP
          SAP: 27%                    employees: 73%
                                                          Channel              Registrations
                                                          Facebook             122
                                                          Twitter              38
                                                          Ambassadors          22
                                                          YouTube              5
                                                          LinkedIn Ads         5
                                                          LinkedIn Updates 4



                                                       Revenue Influenced
ยฉ 2012 SAP AG. All rights reserved.                                      #csmb2b @sarahgoodall   18
Social Commerce
Chance Engagements




ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   19
Social Intelligence
Refining Digital Content For Best Results




ยฉ 2012 SAP AG. All rights reserved.         #csmb2b @sarahgoodall   20
Social Insight
Brand Health




                                      Competitor Social Analysis
                                                                   Potential
                                                                   cost brand
                                                                   crisis



ยฉ 2012 SAP AG. All rights reserved.                                 #csmb2b @sarahgoodall   21
Social Insight
SAPPHIRE NOW Customer Profiling


                                      15% of Attendees Twitter
                                      Handles were identified

                                      25% followed @SAPPHIRENOW

                                      Built a profile around key
                                      attendees



                                      Potential cost of
                                      sales time
ยฉ 2012 SAP AG. All rights reserved.                         #csmb2b @sarahgoodall   22
Social Efficiency
Cost of Support


               Why People Join The SAP
                 Community Network                           Download &
                                                             Curriculum
                                                                1%
                                                                          Networking
                                                                            17 %
                                      Tutorials
                                       29 %
                                                                               Other
                                                                                2%

                                                                                 ProdDocs
                                                                                    8%

Potential
cost of                                                                       Professional &
                                                                               Reputation
                                                                                   8%
support                                       Troubleshoot
enquiries                                         35 %




ยฉ 2012 SAP AG. All rights reserved.                                         #csmb2b @sarahgoodall   23
Social Efficiency
SAP Mentors #suithugger




Potential cost of
paid media

ยฉ 2012 SAP AG. All rights reserved.   #csmb2b @sarahgoodall   24
Recap


Three levels of metrics & use the right one for the
right audience:
          โ€ข Business Metrics
          โ€ข Social Media Analytics
          โ€ข Engagement Data

Measure Social Media value against an activity:
          โ€ข    Innovation
          โ€ข    Efficiency
          โ€ข    Commerce
          โ€ข    Intelligence
          โ€ข    Insight
ยฉ 2012 SAP AG. All rights reserved.       #csmb2b @sarahgoodall   25
Thank You!



Twitter: @sarahgoodall
Blog:     www.sarahgoodall.com
LinkedIn: www.linkedin.com/in/sarahgoodall

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Convincing the CFO that Social Media Adds Value

  • 1. Convincing The CFO That B2B Social Media Can Be A Profit Center Generator Rather Than A Cost Drain Sarah Goodall Head of Social Media, EMEA #csmb2b @sarahgoodall
  • 2. The CFO View Of The Social World Shareholder Value - Margin - Profit - Brand - ROI ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 2
  • 3. A Profit Center โ€œA section of a company treated as a separate business. Thus profits or losses for a profit center are calculated separatelyโ€ ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 3
  • 4. My Background ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 4
  • 5. About SAP We Help Organisations Do What They Do...Better ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 5
  • 6. Social Media Is Central To The B2B Decision Journey ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 6
  • 7. ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 7
  • 8. Changing Face Of B2B Marketing Change in sales Sales engage later with more informed customers Change in marketing Transition more of our efforts to inbound ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 8
  • 9. Cost Per Lead A Driving Factor ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 9
  • 10. Social Strategy At SAP ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 10
  • 11. SAP Social Communities Host Orchestrate Participate ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 11
  • 12. The SAP Community Network ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 12
  • 13. ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 13
  • 14. Social Innovation ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 14
  • 15. The ROI Pyramid ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 15
  • 16. SAP Social Strategy ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 16
  • 17. Social Innovation ๏ฎ 10,136 Ideas ๏ฎ 508 Under Review ๏ฎ 265 Delivered Ideas ๏ฎ 7,771 Comments ๏ฎ 45,140 Votes Voting Potential cost of R&D saved ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 17
  • 18. Social Commerce Automated Tracking Of Social Influence On Revenue SAPPHIRE NOW 2012 40,200 Tweets, Facebook Posts YouTube Videos and Blogs related to SAPPHIRE NOW have been published Non-SAP SAP: 27% employees: 73% Channel Registrations Facebook 122 Twitter 38 Ambassadors 22 YouTube 5 LinkedIn Ads 5 LinkedIn Updates 4 Revenue Influenced ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 18
  • 19. Social Commerce Chance Engagements ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 19
  • 20. Social Intelligence Refining Digital Content For Best Results ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 20
  • 21. Social Insight Brand Health Competitor Social Analysis Potential cost brand crisis ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 21
  • 22. Social Insight SAPPHIRE NOW Customer Profiling 15% of Attendees Twitter Handles were identified 25% followed @SAPPHIRENOW Built a profile around key attendees Potential cost of sales time ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 22
  • 23. Social Efficiency Cost of Support Why People Join The SAP Community Network Download & Curriculum 1% Networking 17 % Tutorials 29 % Other 2% ProdDocs 8% Potential cost of Professional & Reputation 8% support Troubleshoot enquiries 35 % ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 23
  • 24. Social Efficiency SAP Mentors #suithugger Potential cost of paid media ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 24
  • 25. Recap Three levels of metrics & use the right one for the right audience: โ€ข Business Metrics โ€ข Social Media Analytics โ€ข Engagement Data Measure Social Media value against an activity: โ€ข Innovation โ€ข Efficiency โ€ข Commerce โ€ข Intelligence โ€ข Insight ยฉ 2012 SAP AG. All rights reserved. #csmb2b @sarahgoodall 25
  • 26. Thank You! Twitter: @sarahgoodall Blog: www.sarahgoodall.com LinkedIn: www.linkedin.com/in/sarahgoodall