The Evolution of Online Communities:From Knowledge Sharing to Personal Brand BuildingGeorge Krautzel, Co-Founder and President, Toolbox.comOfficeArrow, LLC. 2009.
Table of Contents:Section 1: Introduction Section	2: Evolution of Online Communities Section	3: How Professionals Are Using B2B Online CommunitiesSection	4: Personal Branding in B2B Online CommunitiesSection 5: Why Vendors Should Start Engaging Now in Online CommunitiesSection 6: Q&A
Section 1:Introduction
Who is Toolbox.com?Mission
Provide an online platform that enables professionals to easily share knowledge with their peers
Existing Communities
IT (11 years), HR (
More than 3.0 million unique monthly visitors and 1.6 million registered members
Over 2.6 million pages of user-generated content
Advertising Services
More than 800 advertising partners, including: IBM, HP, Oracle, Microsoft, DellToolbox.com Growth – Registered MembersQ3 20091,659
Toolbox.com in the Media SpaceUser-Generated  Content is communication, specific appeal
  2-way conversations between friends
  Personal experiences, socially driven
  Content is communication, specific appeal
  2-way conversations between peers
  Personal experiences, best practicesEditorial  Content is carefully vetted, broad appeal
  1-way conversation from experts to readers
  News, consumer interests, and trends
Content is carefully vetted, broad appeal
  1-way conversation from experts to readers
  News, case studies, best practicesConsumerBusiness
Section 2:Evolution of Online Communities
Community is Not a New Concept
Usenet StrengthsOne of the first computer network communications systems (1980)
Precursor of discussion boards, peer-to-peer networking
Organized and categorized for easy knowledge sharing
Significant influence on online culture (coined “spam”, “FAQ”, etc.)Gaps Not moderated
Short binary retention time (although now archived as Google Groups)
No registration, anonymous participation = no brand buildingAOL StrengthsMade online service available to the masses (30 million users at peak)
Offered a graphical user interface (GUI) instead of command lines
Pioneered the chat room concept
Emphasis on communication with other members as value proposition Gaps Proprietary software/service needed to gain access (“walled garden”)
Repositioned as content provider instead of a community (lost focus)FacebookStrengthsDominant reach- 250 million active members

LIFT Presentation

  • 1.
    The Evolution ofOnline Communities:From Knowledge Sharing to Personal Brand BuildingGeorge Krautzel, Co-Founder and President, Toolbox.comOfficeArrow, LLC. 2009.
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    Table of Contents:Section1: Introduction Section 2: Evolution of Online Communities Section 3: How Professionals Are Using B2B Online CommunitiesSection 4: Personal Branding in B2B Online CommunitiesSection 5: Why Vendors Should Start Engaging Now in Online CommunitiesSection 6: Q&A
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    Provide an onlineplatform that enables professionals to easily share knowledge with their peers
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    More than 3.0million unique monthly visitors and 1.6 million registered members
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    Over 2.6 millionpages of user-generated content
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    More than 800advertising partners, including: IBM, HP, Oracle, Microsoft, DellToolbox.com Growth – Registered MembersQ3 20091,659
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    Toolbox.com in theMedia SpaceUser-Generated Content is communication, specific appeal
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    2-wayconversations between friends
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    Personalexperiences, socially driven
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    Contentis communication, specific appeal
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    2-wayconversations between peers
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    Personalexperiences, best practicesEditorial Content is carefully vetted, broad appeal
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    1-wayconversation from experts to readers
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    News,consumer interests, and trends
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    Content is carefullyvetted, broad appeal
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    1-wayconversation from experts to readers
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    News,case studies, best practicesConsumerBusiness
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    Section 2:Evolution ofOnline Communities
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    Community is Nota New Concept
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    Usenet StrengthsOne ofthe first computer network communications systems (1980)
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    Precursor of discussionboards, peer-to-peer networking
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    Organized and categorizedfor easy knowledge sharing
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    Significant influence ononline culture (coined “spam”, “FAQ”, etc.)Gaps Not moderated
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    Short binary retentiontime (although now archived as Google Groups)
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    No registration, anonymousparticipation = no brand buildingAOL StrengthsMade online service available to the masses (30 million users at peak)
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    Offered a graphicaluser interface (GUI) instead of command lines
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    Pioneered the chatroom concept
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    Emphasis on communicationwith other members as value proposition Gaps Proprietary software/service needed to gain access (“walled garden”)
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    Repositioned as contentprovider instead of a community (lost focus)FacebookStrengthsDominant reach- 250 million active members
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    Well designed tocreate member engagement
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    Various applications forsharing/collaboration
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    Ability to leveragefor B2B and B2C with Facebook Fan PagesTwitterStrengthsSimple communication vehicle – “What are you doing” in 140 characters
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    Easy way tostay current on news and trends in your areas of interest
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    Potential to connectwith and influence the influencers
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    Fluid process for“following” and “unfollowing” connectionsSection 3:How Professionals Are Using B2B Online Communities
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    Tracking Social MediaConsumption Among ProfessionalsTrend: consistent increase in social media consumption, up to 4.72 hours per week in June 2009
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    Results from theToolbox.com/PJA Social Media Index Survey of 3,000+ IT pros in each of the four wavesSource: Toolbox.com/PJA IT Social Media Index, Wave 4, June 2009
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    How and WhyProfessionals Use Online CommunitiesIncrease productivity and efficiency through knowledge sharing
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    Tap into toolsfor peer collaboration
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    WikisCost-effective, timely, andbetter solutionsMember questionCommunity feedback
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    Solving Problems –Discussion Group Example
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    Section 4:Personal Brandingin B2B Online Communities
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    Managing Your PersonalBrandPersonal branding is “your promise to the marketplace and the world”
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    Tom Peters, bestselling author on business management
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    According to arecent survey by ExecuNet, the average tenure of an executive with the same company has slipped to 2.8 years
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    Loyalty to “You”does not have to be in conflict with loyalty to your company
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    In today’s businessenvironment, proactive career management through active shaping of your personal brand is essentialThe Permanence of Participation in Communities“What happens in Vegas, stays on Google”
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    Scott Monty, headof social media at Ford Motors
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    While this quotehas a negative connotation, the same understanding also creates opportunity
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    Professionals can leveragethis permanence to support their personal brand management through active networking and participationReputation Management - Creating Value for Individuals and the CommunityA clear, logical reputation management system can be a tide that lifts all ships in a professional community
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    Answers “what’s init for me” and provides a foundation for personal brand management
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    Increases likelihood ofresponses to inquiries
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    Produces the opportunityto leverage the community to vet answers
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    Increases the qualityof contributionReputation Management Key Ingredients – RatingsExample: DiggRatings SystemsEasy to use voting system
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    Highest rated postsreceive the most visibilityRatings Systems in a B2B CommunityHelps determine the “best” solution to an issue
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    Provides a quickinput to judge the competency of the posterReputation Management Key Ingredients – AchievementsExample: eBayAchievements SystemsPowerful means of rewarding participation
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    Can be basedon quality, quantity, response time, etc.
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    Feeds the humanneed of “Everyone wants a gold star”Achievements Systems in a B2B CommunityCreates a carrot for greater engagement and higher quality
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    Provides a systemto identify high value contributorsReputation Management Key Ingredients - ProfilesExample: Toolbox.comAchievements: Provides a systematic way to recognize high valued contributors, whether it is based on volume, quality, or response time.Participation:Shows contribution from a user that has taken place within the Toolbox.com community.Capability: Online résumé to detail relevant experience, accomplishments, interests, and values. Connections:Lists the community members who are part of a user’s network.
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    Benefits of ActiveParticipation – Example: Nic Harvard“By participating in an active community, I can benchmark my skills and understand my knowledge gaps. By doing so, I can plan my career path, better position myself for new appointments, and/or understand the greatest value-add ability to a current employer.  At the very least, it allows anyone, no matter where they are in their career, to know what they don’t know.”
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    Progressing Reputation toCommerce – Example: Ron FisherFounder of Profiling Solutions, an Atlanta-based company
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    Transitioned from aconsumer of Toolbox.com to a contributor to enhance brand
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    Positions company ashaving a deep pool of knowledge
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    Contributes to topline growth – 20-25% of annual new customer acquisitions come from the communitySection 5:Why Vendors Should Start Engaging Now in Online Communities
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    Universal Truth inMarketing“Advertising dollars always follow the audience”
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    Scott Karp, CEOof Publish2, Inc., and various sage marketersAttitudes About Vendor Participation in Online CommunitiesMore than 76% of community members believe it is important that vendors listen to their audience and participate in conversations
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    Results from theToolbox.com/PJA Social Media Index Survey of 3,000+ IT pros in each of the four wavesWhich of the following statements best reflects your attitude about vendor participation in online communities? Source: Toolbox.com/PJA IT Social Media Index, Wave 4, June 2009
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    The Evolution ofOnline MarketingRelationshipDirect ResultsValue: Web as a relationship management platform
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    Primary Goals: Engagingprospects and customers outside of their Web site
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    Secondary Goals: Leadgeneration, drive traffic, thought leadership and branding
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    Measurements: Cost ofsales, customer retention, brand penetration and measurements from direct results stage
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    Successful tactics fromdirect results stageExperimentationValue: Web as a direct results platform
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    Primary Goals: Drivetraffic and lead generation
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    Secondary Goals: Thoughtleadership and branding
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    Measurements: CPL, CPC,brand measurements confirmed through surveys
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    Lead generation –white papers, webcasts
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    Branding -IMUs, larger units, microsites
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    E-mail –list rentals
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    Value: Web asa promotional vehicle
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    Primary Goals: Triala new media concept, gain eyeballs, build brand and drive awareness
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    E-mail – newsletters,list rentals2004-2009 2010-20151996-2003
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    Impact = Sitevisits/leadsEffort = FundingMarketing ROI – Traditional CampaignsTraditional CampaignsWith traditional campaigns there is a direct relationship between funding and results – once a campaign is over, that activity usually ceases (landing page visits, etc.).VALUETIMESource: Pauline Ores, IBM
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    Impact = Relevanceand engagementEffort = FundingMarketing ROI – Online Community CampaignsSocial Media ImpactSocial media marketing requires continuous, steady investment to build and manage the network, with eventual value created as the network grows and becomes self-sustaining.VALUEMarketing through an online community allows advertisers to quickly engage and make an impact with their target audiences.TIMESource: Pauline Ores, IBM
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    Creating a BeachheadWithin Active CommunitiesAbout Section: Provides an overview of the vendor, as well as links to allow community members to quickly connect with or contact the vendor.Connections:Lists the community members who have expressed their interest in engaging and staying current by creating a connection with the vendor.Vendor Assets: Prominently displays the vendor’s information assets, including white papers, webcasts, product demos, news, PR, and more. Participation:Shows related postings by the vendor within the Toolbox.com community.
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    To Start, Devisea SMART StrategyDo not start without a basic strategy, execution should come second
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    Like personal brands,in communities your company’s brand is being formed with or without your participation — actively shape itSection 6:Q&A
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    Contact Information GeorgeKrautzelToolbox.com Co-Founder and PresidentMy profile on Toolbox.com: http://it.toolbox.com/people/george_krautzel
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    My profile onTwitter: http://twitter.com/georgekrautzel

Editor's Notes

  • #2 Opening slide style.