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Social Media’s Impact is
Transforming Markets



                                                                                 Solution-
                                                                                 Centric
                                                                                 versus
                                                                                 Buyer-Centric
                                                                                 Marketing




 1         Do Not Distribute without Permission   © Social Gastronomy LLC 2012
What is Buyer-Centric?

                                                                                         Behaviors
                                        Buyer Needs


Business Problem                                                   Solution Options
Solving



                                                      Epiphanies


       Motivations

                                                                                            Triggers




                   Do Not Distribute without Permission   © Social Gastronomy LLC 2012
Leading the transformation…
3M, Aaron Rents, ABB, ABM Industries, Abbott Labs, Accenture, ACS, ADP, Adecco, AIG, Alcatel-Lucent, AlliedBarton Security
Services, AMD, American Cancer Society, American Eagle Outfitters, American Express, American Red Cross, Ann Taylor, Applied
Materials, ARAMARK, ARCADIS, Arthritis Foundation, Arthur J. Gallagher & Co., Assurant, at&t, Atos Origin, Avaya, AXA Equitable,
Babcock & Wilcox, Bank of America, Baxter International, Best Buy, Blue Cross and Blue Shield, CA Technologies, Cable &
Wireless, Caesars Entertainment, Capgemini, Capital One, Carter’s, CBS, CEMEX, Centers for Disease Control, CH2M Hill, Chartis
Insurance, The Cheesecake Factory , China Telecom, Cisco Systems, Citi, Citibank, Citigroup, Citrix, The Clorox Company, CNN, The
Coca-Cola Company, Cognizant Technology Solutions, Colliers International, CommScope, Compass Group, Computershare,
Convergys, Con-way, Cox Communications, Dell, Delta Airlines, DirecTV, Discover Financial Services, Dow Jones, Dunn &
Bradstreet, DuPont, Eastman Kodak, Eaton, Edelman, Elbit Systems, EMC, Emerson Network Power, E*TRADE Financial, Equifax,
Ericsson, Eurobank EFG, Expedia, Experian, EXPRESS, Fidelity Investments, First Data, Fiserv, Flextronics International, Focus
Brands, GE, General Mills, Georgia-Pacific, Goodyear, Graphic Packaging International, HSBC, HarperCollins, Harland Clarke,
Heineken, Hewlett-Packard, Hilton Worldwide, The Home Depot, Honeywell, Hughes, IBM, IDC, Ingersoll Rand, Intel,
Intercontinental Hotels Group, Intertek, Iron Mountain, Jaquar Land Rover, John Wiley & Sons, Jones Lang Lasalle, Johnson
Controls, JPMorgan Chase, KPMG, Kaiser Permanente, Kennametal, Laureate Education, Lee Hecht Harrison, LG Electronics,
Lenovo, Levi Strauss, LexisNexis, Lexmark, Liberty Mutual, Limited Brands, Lockheed Martin, L’Oreal, Manheim, Martin Marietta,
MassMutual Financial Group, MasterCard Worldwide, McGraw-Hill, McKesson, Merrill Lynch, Microsoft, Mohawk Industries,
Monsanto, Munich American, MTV Networks, Mylan Pharmaceuticals, National Instruments, Nationwide Insurance, Navistar,
NBCUniversal, NCR, Newell Rubbermaid, New York Life Insurance Co., Nikon, Novartis, Oerlikon, OfficeMax, Ogilvy, Oldcastle,
Oracle, Orange, Patni Computer Systems, PepsiCo, PETCO, Pfizer, Philips, Pirelli Tire, Pitney Bowes, Polycom, PPD, Pratt & Whitney,
Prudential Financial, Quintiles, QVC, Qwest Communications, RaceTrac Petroleum, Raytheon, Raymond James Financial, Razorfish,
Regions Financial, Research in Motion, Ricoh, The Ritz-Carlton Hotel Co., Rockport, Rollins, Royal Dutch Shell, RR Donnelley, SAP,
Saatchi & Saatchi, Sam’s Club, Sandvik, Satyam, Schneider Electric, Scholastic, Scripps Networks, Sears, Sharp Electronics, Shell,
Siemens, SODEXO, Sony, SPX Corporation, Starbucks, SunTrust Bank, Symantec, TE Connectivity, TeleTech, Thermo Fisher
Scientific, Thomson Reuters, TIAA-CREF, Time, Time Warner Cable, T-Mobile, Travelport, Turner Broadcasting, Tyco Fire & Security,
UBS Wealth Management, United Health Group, Universal Studios, UPS, USAA, USBank, Verizon, Victoria’s Secret, Volt, Walmart,
The Walt Disney Co., The Weather Channel , Wells Fargo, Wendy’s/Arby’s, Wyndham Worldwide, W. W. Grainger, Xerox, Yahoo,
Young & Rubicam, etc.

   Page  3              Do Not Distribute without Permission   © Social Gastronomy LLC 2012
The evolution towards Buyer-Centric
     Seller’s Orientation                           Buyer’s Perception
     Functional                                     Contextual
     Advocacy                                       Evangelism

     Sales–Centric                                  Reactive
                                                    (Respond)

     Product-Centric                                Proactive
                                                    (Push)

     Solution-Centric                               Predictive
                                                    (Engage)

     Buyer-Centric                                  Visionary
                                                    (Lead)


             Do Not Distribute without Permission   © Social Gastronomy LLC 2012
How disruptive will Buyer-Centric be?

Applying Context to the Impact of the Buyer on the Fortune 100



                                                                          Web                    Social
                       Personal                           Web             Applications           Marketing
                       Computer                                                                        Buyer-Centric
                                            Client                                      Social
                                                                eCommerce
                                            Server                                      Media          Marketing

    1969-1979              1979-1989                    1989-1999                1999-2009        2009-2019


    15 New
    Companies              29 New                       62 New                   29 New             How many new
    Entered & Exited       Companies                    Companies                Companies          companies?
    the Fortune 100




5                Do Not Distribute without Permission    © Social Gastronomy LLC 2012
Rethink Your Approach:
Buyer-Centric “Buyer Bill of Rights”
1. You have the right to only receive information that helps you become a better
    consumer, not sell you more stuff you don’t need to make my numbers.
2. You have a right to transparency in comparisons, pricing, competition, features, value,
    customer service, billing, packaging, and quality.
3. You have a right to our best work at the best pricing available in the market.
4. You have a right to a timely response to address issues that arise in the consumption of
    our offering.
5. You have a right to talk to our other customers to get a real good idea of how we really
    deliver
6. You have a right to simple explanations, free of confusing and misleading terminology.
7. You have a right to expect continuous improvement from us. We are the experts, we
    should continually strive to make it better.
8. You have a right to engage with us in public forums to ensure that we say the same
    things in public as we do in private.
9. You have the right to expect us to engage with market thought leaders and other
    industry insiders to validate our credibility within the market.
10. You have the right to expect that when we send you information or contact you, it is in
    your best interest, will be high-value, high-touch, & relevant to your needs.


                Do Not Distribute without Permission   © Social Gastronomy LLC 2012
Next Steps



                                        www.SocialGastronomy.com



        Judy Mod, Principal                                      Matthew Rosenhaft, Principal
    jmod@socialgastronomy.com                                  mrosenhaft@socialgastronomy.com
          (404) 307-9613                                               (404) 405-0009




7             Do Not Distribute without Permission   © Social Gastronomy LLC 2012

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Judy Mod - Solution-centric Vs. Buyer-centric Marketing

  • 1. Social Media’s Impact is Transforming Markets Solution- Centric versus Buyer-Centric Marketing 1 Do Not Distribute without Permission © Social Gastronomy LLC 2012
  • 2. What is Buyer-Centric? Behaviors Buyer Needs Business Problem Solution Options Solving Epiphanies Motivations Triggers Do Not Distribute without Permission © Social Gastronomy LLC 2012
  • 3. Leading the transformation… 3M, Aaron Rents, ABB, ABM Industries, Abbott Labs, Accenture, ACS, ADP, Adecco, AIG, Alcatel-Lucent, AlliedBarton Security Services, AMD, American Cancer Society, American Eagle Outfitters, American Express, American Red Cross, Ann Taylor, Applied Materials, ARAMARK, ARCADIS, Arthritis Foundation, Arthur J. Gallagher & Co., Assurant, at&t, Atos Origin, Avaya, AXA Equitable, Babcock & Wilcox, Bank of America, Baxter International, Best Buy, Blue Cross and Blue Shield, CA Technologies, Cable & Wireless, Caesars Entertainment, Capgemini, Capital One, Carter’s, CBS, CEMEX, Centers for Disease Control, CH2M Hill, Chartis Insurance, The Cheesecake Factory , China Telecom, Cisco Systems, Citi, Citibank, Citigroup, Citrix, The Clorox Company, CNN, The Coca-Cola Company, Cognizant Technology Solutions, Colliers International, CommScope, Compass Group, Computershare, Convergys, Con-way, Cox Communications, Dell, Delta Airlines, DirecTV, Discover Financial Services, Dow Jones, Dunn & Bradstreet, DuPont, Eastman Kodak, Eaton, Edelman, Elbit Systems, EMC, Emerson Network Power, E*TRADE Financial, Equifax, Ericsson, Eurobank EFG, Expedia, Experian, EXPRESS, Fidelity Investments, First Data, Fiserv, Flextronics International, Focus Brands, GE, General Mills, Georgia-Pacific, Goodyear, Graphic Packaging International, HSBC, HarperCollins, Harland Clarke, Heineken, Hewlett-Packard, Hilton Worldwide, The Home Depot, Honeywell, Hughes, IBM, IDC, Ingersoll Rand, Intel, Intercontinental Hotels Group, Intertek, Iron Mountain, Jaquar Land Rover, John Wiley & Sons, Jones Lang Lasalle, Johnson Controls, JPMorgan Chase, KPMG, Kaiser Permanente, Kennametal, Laureate Education, Lee Hecht Harrison, LG Electronics, Lenovo, Levi Strauss, LexisNexis, Lexmark, Liberty Mutual, Limited Brands, Lockheed Martin, L’Oreal, Manheim, Martin Marietta, MassMutual Financial Group, MasterCard Worldwide, McGraw-Hill, McKesson, Merrill Lynch, Microsoft, Mohawk Industries, Monsanto, Munich American, MTV Networks, Mylan Pharmaceuticals, National Instruments, Nationwide Insurance, Navistar, NBCUniversal, NCR, Newell Rubbermaid, New York Life Insurance Co., Nikon, Novartis, Oerlikon, OfficeMax, Ogilvy, Oldcastle, Oracle, Orange, Patni Computer Systems, PepsiCo, PETCO, Pfizer, Philips, Pirelli Tire, Pitney Bowes, Polycom, PPD, Pratt & Whitney, Prudential Financial, Quintiles, QVC, Qwest Communications, RaceTrac Petroleum, Raytheon, Raymond James Financial, Razorfish, Regions Financial, Research in Motion, Ricoh, The Ritz-Carlton Hotel Co., Rockport, Rollins, Royal Dutch Shell, RR Donnelley, SAP, Saatchi & Saatchi, Sam’s Club, Sandvik, Satyam, Schneider Electric, Scholastic, Scripps Networks, Sears, Sharp Electronics, Shell, Siemens, SODEXO, Sony, SPX Corporation, Starbucks, SunTrust Bank, Symantec, TE Connectivity, TeleTech, Thermo Fisher Scientific, Thomson Reuters, TIAA-CREF, Time, Time Warner Cable, T-Mobile, Travelport, Turner Broadcasting, Tyco Fire & Security, UBS Wealth Management, United Health Group, Universal Studios, UPS, USAA, USBank, Verizon, Victoria’s Secret, Volt, Walmart, The Walt Disney Co., The Weather Channel , Wells Fargo, Wendy’s/Arby’s, Wyndham Worldwide, W. W. Grainger, Xerox, Yahoo, Young & Rubicam, etc. Page  3 Do Not Distribute without Permission © Social Gastronomy LLC 2012
  • 4. The evolution towards Buyer-Centric Seller’s Orientation Buyer’s Perception Functional Contextual Advocacy Evangelism Sales–Centric Reactive (Respond) Product-Centric Proactive (Push) Solution-Centric Predictive (Engage) Buyer-Centric Visionary (Lead) Do Not Distribute without Permission © Social Gastronomy LLC 2012
  • 5. How disruptive will Buyer-Centric be? Applying Context to the Impact of the Buyer on the Fortune 100 Web Social Personal Web Applications Marketing Computer Buyer-Centric Client Social eCommerce Server Media Marketing 1969-1979 1979-1989 1989-1999 1999-2009 2009-2019 15 New Companies 29 New 62 New 29 New How many new Entered & Exited Companies Companies Companies companies? the Fortune 100 5 Do Not Distribute without Permission © Social Gastronomy LLC 2012
  • 6. Rethink Your Approach: Buyer-Centric “Buyer Bill of Rights” 1. You have the right to only receive information that helps you become a better consumer, not sell you more stuff you don’t need to make my numbers. 2. You have a right to transparency in comparisons, pricing, competition, features, value, customer service, billing, packaging, and quality. 3. You have a right to our best work at the best pricing available in the market. 4. You have a right to a timely response to address issues that arise in the consumption of our offering. 5. You have a right to talk to our other customers to get a real good idea of how we really deliver 6. You have a right to simple explanations, free of confusing and misleading terminology. 7. You have a right to expect continuous improvement from us. We are the experts, we should continually strive to make it better. 8. You have a right to engage with us in public forums to ensure that we say the same things in public as we do in private. 9. You have the right to expect us to engage with market thought leaders and other industry insiders to validate our credibility within the market. 10. You have the right to expect that when we send you information or contact you, it is in your best interest, will be high-value, high-touch, & relevant to your needs. Do Not Distribute without Permission © Social Gastronomy LLC 2012
  • 7. Next Steps www.SocialGastronomy.com Judy Mod, Principal Matthew Rosenhaft, Principal jmod@socialgastronomy.com mrosenhaft@socialgastronomy.com (404) 307-9613 (404) 405-0009 7 Do Not Distribute without Permission © Social Gastronomy LLC 2012