loree draude - how to measure the roi of your b2b community

Post on 21-Jun-2015

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Google's Head of Community, Loree Draude, guides you through the process of measuring the return on investment of B2B community. This applies a specific, useful, and detailed formula that is widely used by Google Adwords communities

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Google Confidential and Proprietary Google Confidential and Proprietary

The Business Impact of Communities

Loree Draude, Head of AdWords Communities and Social Engagement

68% of consumers are more likely to adopt a product or feature if it is endorsed by other users

Source: Nielsen, chart Trust in Advertising”, Sep 2013

84% trust recommendations from people they know versus 69% who trust information from a branded website

Source: Nielsen, chart Trust in Advertising”, Sep 2013

What are your business goals?

Impact Index

Branding

CSat

Feedback

Early Warning Alerts

Deflected UTCs

Feature uptakes

Branding/Googleyness - Improve sentiment, user trust

Customer Satisfaction

Feedback: Actionable for Marketing/Product/Services

Alerting - Early warning alerts to Product/Services

Troubleshooting - Deflected UTCs

Successful Answer (SA) Force Multiplier (FM)

1:1 Resolved Community cases: ●  Threads x % AS* x Cost/Case1

1:M Resolved Community cases: ●  PVs x RR** x Cost/Case

1. Cost/Case as an average of support channels: i.e. phone, email, chat

? A!

Solved

? A!

Solved

RR

**RR = Resolution Rate *AS = Accepted Solution

Cost savings of deflected UTCs: online self-help vs. high touch support

? A!

Solved

? A!

Solved

RR

1:1 Resolved Community cases: ●  Threads x % AS* x Cost/Case1

1:M Resolved Community cases: ●  PVs x RR** x Cost/Case

*AS = Accepted Solution **RR = Resolution Rate

1. Cost/Case as an average of support channels: i.e. phone, email, chat

Cost savings of deflected UTCs: online self-help vs. high touch support

Successful Answer Force Multiplier

Advertiser views a recommendation

adds a feature to AdWords account

Feature Uptakes: Driving revenue

How do you measure success?

Questions?

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