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Customer Experience Without Borders Social Media in Financial Services Globally – 09/06/2011
http://bit.ly/VBBook
How Much do You Know? 700M FACEBOOK 300M TWITTER
The (Real) Voice Of the Customer eReputation Voice Of the Customer CGC Customer-Generated-Content UGC User-Generated-Content 1. Noise 2. Contributors Influencers? Proactively & Securely 1. Capture 2. Moderate + Tagging 3. Response Outreach? 3. Analyse Transform 4. Data Unstructured Interactive  & Relevant 4. Display 5. Action ?
Turn your Customers into Brand Ambassadors ACCELERATE ADOPTION INCREASE RETENTION INCREASE USAGE & ACQUISITION x32 +80%
When Banking Takes on Retail >90% UGC
Fully Leverage the Power of the Crowd CHANGE BRAND PERCEPTION IMPROVE EXISTING PRODUCTS CREATE PRODUCTS & SERVICES 2.9 (1.1) Million 263 (17) Ideas
Facebook Watch: Trends March 2010-2011 March 2011 September 2010 March 2010 Pages: 276 Fans: 2,589,203 Apps: 20 >1,000 (79). >5,000 (29), >20,000 (7), >100,000 (2) Pages: 626 Fans: 10,411,227 Apps: 75 >1,000 (296). >5,000 (136), >20,000 (54), >100,000 (18) Pages: 428 Fans: 4,787,405 Apps: 37 >1,000 (170). >5,000 (65), >20,000 (23), >100,000 (4) Top 10 Top 10 Top 10 # Fans: 2,295,379 (88%) New Fans: 112 # Fans: 6,759,373 (64%) New Fans: 1,348 # Fans: 3,612,235 (75%) New Fans: 459 Source: http://Visible-Banking.com/VBFW
Community: Size vs Engagement 13 Top Facebook Pages >100,000 Likes Activity? 192 Posts (4-56, 14), 114k likes (597), 17k comments (94), 15/5k, 23/57 (53% open wall) Top Liked Top Commented Engagement 23/57 15/5k
Twitter Watch: Trends March 2010-2011 September 2010 March 2011 March 2010 Accounts: 1,346 Followers: 1,473,517 >500 (515). >1,000 (293), >5,000 (44), >10,000 (21) Verified (33) Accounts: 1,280 Followers: 855,195 >500 (396). >1,000 (202), >5,000 (25), >10,000 (8) Verified (17) Accounts: 970 Followers: 446,598 >500 (221). >1,000 (88), >5,000 (7), >10,000 (2) Verified (-) Top 10 Top 10 Top 10 New Followers: 15.3 New Tweets: 8.1 Following / Followers: 53.94% New Followers: 51 New Tweets: 12 Following / Followers: 37.80% New Followers: 87 New Tweets: 17 Following / Followers: 34.70% Source: http://Visible-Banking.com/VBTW
Know Your Followers/Fans FOLLOWERS? TOTAL (100%)   9.1% 1,000+ 47.1% <50 UK (60%)   9.7% 1,000+ 38.3% <50 @sexy_snake_ssss, @Gerard_Menvussa, @AngryHSBCClient, @madsxxx
How Much Do You Know?
A Pragmatic Approach to Social Media (SM) 1 LEARN & BENCHMARK 11 LIVE & LEARN!  YOUR CUSTOMERS FIRST! 2 3 MINIMIZE YOUR RISK 4 LISTEN + IDENTIFY + ENGAGE 5 BUILD YOUR SM PLATFORM PROMOTE YOUR SM PRESENCE 6 7 CONTENT STRAT. + CALL2ACTION 8 KNOW (KYF) & REWARD  YOUR FOLLOWERS/FANS 9 SET YOUR BUSINESS GOALS 10 GROW INTERNAL KNOWLEDGE
THANK YOU - 0044 7736 446 357 Christophe.langlois@Visible-Banking.com http://Visible-Banking.com Understand & Leverage Social Media Advisor/ Speaker / Event Organizer CX w/o Borders Book / e-Book (>250 pages) * 5 workshops in Europe & Asia * 100+ video interviews * 2,400+ initiatives tracked in 70 countries #innovation #VOC #moderation #reward #KYF #facebook #twitter #foursquare #blogging #ROI #onlinecommunity #promotion #HR2.0 #PR2.0

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Social Media in Financial Services

  • 1. Customer Experience Without Borders Social Media in Financial Services Globally – 09/06/2011
  • 3. How Much do You Know? 700M FACEBOOK 300M TWITTER
  • 4. The (Real) Voice Of the Customer eReputation Voice Of the Customer CGC Customer-Generated-Content UGC User-Generated-Content 1. Noise 2. Contributors Influencers? Proactively & Securely 1. Capture 2. Moderate + Tagging 3. Response Outreach? 3. Analyse Transform 4. Data Unstructured Interactive & Relevant 4. Display 5. Action ?
  • 5. Turn your Customers into Brand Ambassadors ACCELERATE ADOPTION INCREASE RETENTION INCREASE USAGE & ACQUISITION x32 +80%
  • 6. When Banking Takes on Retail >90% UGC
  • 7. Fully Leverage the Power of the Crowd CHANGE BRAND PERCEPTION IMPROVE EXISTING PRODUCTS CREATE PRODUCTS & SERVICES 2.9 (1.1) Million 263 (17) Ideas
  • 8. Facebook Watch: Trends March 2010-2011 March 2011 September 2010 March 2010 Pages: 276 Fans: 2,589,203 Apps: 20 >1,000 (79). >5,000 (29), >20,000 (7), >100,000 (2) Pages: 626 Fans: 10,411,227 Apps: 75 >1,000 (296). >5,000 (136), >20,000 (54), >100,000 (18) Pages: 428 Fans: 4,787,405 Apps: 37 >1,000 (170). >5,000 (65), >20,000 (23), >100,000 (4) Top 10 Top 10 Top 10 # Fans: 2,295,379 (88%) New Fans: 112 # Fans: 6,759,373 (64%) New Fans: 1,348 # Fans: 3,612,235 (75%) New Fans: 459 Source: http://Visible-Banking.com/VBFW
  • 9. Community: Size vs Engagement 13 Top Facebook Pages >100,000 Likes Activity? 192 Posts (4-56, 14), 114k likes (597), 17k comments (94), 15/5k, 23/57 (53% open wall) Top Liked Top Commented Engagement 23/57 15/5k
  • 10. Twitter Watch: Trends March 2010-2011 September 2010 March 2011 March 2010 Accounts: 1,346 Followers: 1,473,517 >500 (515). >1,000 (293), >5,000 (44), >10,000 (21) Verified (33) Accounts: 1,280 Followers: 855,195 >500 (396). >1,000 (202), >5,000 (25), >10,000 (8) Verified (17) Accounts: 970 Followers: 446,598 >500 (221). >1,000 (88), >5,000 (7), >10,000 (2) Verified (-) Top 10 Top 10 Top 10 New Followers: 15.3 New Tweets: 8.1 Following / Followers: 53.94% New Followers: 51 New Tweets: 12 Following / Followers: 37.80% New Followers: 87 New Tweets: 17 Following / Followers: 34.70% Source: http://Visible-Banking.com/VBTW
  • 11. Know Your Followers/Fans FOLLOWERS? TOTAL (100%) 9.1% 1,000+ 47.1% <50 UK (60%) 9.7% 1,000+ 38.3% <50 @sexy_snake_ssss, @Gerard_Menvussa, @AngryHSBCClient, @madsxxx
  • 12. How Much Do You Know?
  • 13. A Pragmatic Approach to Social Media (SM) 1 LEARN & BENCHMARK 11 LIVE & LEARN! YOUR CUSTOMERS FIRST! 2 3 MINIMIZE YOUR RISK 4 LISTEN + IDENTIFY + ENGAGE 5 BUILD YOUR SM PLATFORM PROMOTE YOUR SM PRESENCE 6 7 CONTENT STRAT. + CALL2ACTION 8 KNOW (KYF) & REWARD YOUR FOLLOWERS/FANS 9 SET YOUR BUSINESS GOALS 10 GROW INTERNAL KNOWLEDGE
  • 14. THANK YOU - 0044 7736 446 357 Christophe.langlois@Visible-Banking.com http://Visible-Banking.com Understand & Leverage Social Media Advisor/ Speaker / Event Organizer CX w/o Borders Book / e-Book (>250 pages) * 5 workshops in Europe & Asia * 100+ video interviews * 2,400+ initiatives tracked in 70 countries #innovation #VOC #moderation #reward #KYF #facebook #twitter #foursquare #blogging #ROI #onlinecommunity #promotion #HR2.0 #PR2.0