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Social Marketing at TurboTax or “How I learned to stop worrying and love revenue” Christine Morrison  3/10/2010
Who we are A leading provider of business and financial management solutions
Social is part of our DNA Intuit founder Scott Cook invented the ”follow me home”
Why do we do social? Social creates a persuasion engine that allows us to acquire new customersandkeep the ones we’ve got
How are we engaging?
Takeaway #1 Give up the idea it’s not about the money.  It is about the money. Buzz Viral Fans Authenticity Transparency
Success in new customer acquisition “Friendcasting” = 4x engagement rates, 30% higher conversion rates,30% higher new customer mix than online advertising
Takeaway #2 Listen more than you talk
Lots of Noise How do you cut through the clutter?
Making reviews relevant
Takeaway #3 Look for ways to replicate natural offline behavior in an online environment
Traditional online marketing gets a boost SAAA – Social as an Asset
Success in retention 25k members, 30+ new features, engagement increases their NPS
Customers create scale
Takeaway #4 You can trust your customers to help  (if you treat them right)
Twitter challenges
Using Social to retain customers
Takeaway #5 Solve for customers, not platforms
APPENDIX
Motivating superusers

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TurboTax in Social TY 2009

Editor's Notes

  1. Get more customers, expensive to lose them/get them backTime crunch: makes sense to enable customers to speak on our behalf (even the bad stuff is visible) – get out of the way to let our customers do it. Cutting through the noise/relevancy – ie reviewsInnovation (NBC, social as an asset)Leveraging natural human behavior to drive (reviews, celebrate when done, vocal when not happy, search
  2. How and where they want to talk
  3. And by the way, you can achieve it, no matter what category you’re in
  4. Persuasion engine: we build the structure, customers provide the gasolineBased on natural human behaviorShare This – Edelman/provocative: 4x the engagement vs ads/friendcasting
  5. Cut through the noise with RelevancyTesting with paid search, displayHere’s how we personalize
  6. Interject ourselves using traditional marketing to enable engagement
  7. 20MM users, Top SuperUser contributor:> 140 points> 48 K answered questions> 5 M views of his content
  8. Last year 4 people, no biz process, reporting
  9. Wait to see results – in partnership w/CoTweet to get features we need