five trends that will transform customer communities

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Five Trends That Will Transform Customer Communities Joe Cothrel, Chief Community Officer, Lithium Technologies Community 2.0, San Francisco, May 12, 2009

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Presentation at Community 2.0 in San Francisco, May 12, 2009

TRANSCRIPT

Page 1: Five Trends That Will Transform Customer Communities

Five Trends That Will Transform Customer CommunitiesJoe Cothrel, Chief Community Officer, Lithium Technologies

Community 2.0, San Francisco, May 12, 2009

Page 2: Five Trends That Will Transform Customer Communities

Lithium Technologies 140 customers 200 communities

20M registered users 1B page views/month

Page 3: Five Trends That Will Transform Customer Communities

Five trends

From … community to network fragmented to integrated intuition to measurement listening to responding practice to discipline

Page 4: Five Trends That Will Transform Customer Communities

From Community to Network

TrendCustomer communities are reaching out to social

networks and incorporating some of their features.

ThreatLose visibility, lose influence, lose members.

OpportunityBroaden your reach, fuel your growth, keep up

with the competition.

Page 5: Five Trends That Will Transform Customer Communities

Web 2.0 Abroad

Page 6: Five Trends That Will Transform Customer Communities

Most common errors of the Web 2.0 community makeover:

Landing page dominated by “what’s new” 91% of users don’t care what’s new

The “ghost-town” effect. “Halloween is over.”

Highlighting “friending” over “finding” “I’m not a teenager and this isn’t MySpace. I just

want an answer to my question.”

Web 2.0 At Home

Most community users still value speed and ease above all other attributes.

Page 7: Five Trends That Will Transform Customer Communities

From Fragmented to Integrated

TrendCustomer communities are integrating their

disperse elements (blogs, forums, etc.) and integrating with other enterprise systems.

ThreatLose control over member experience.

Opportunity Improve overall customer experience.

Page 8: Five Trends That Will Transform Customer Communities

CRM

Create

2008

Integrate

2009

Extend

2010

Creation of stand-alone community elements on the website.

Integration of community elements and business systems.

Extension of community across the social web.

CRM

Integration Is the Thing This Year

Page 9: Five Trends That Will Transform Customer Communities

Why Is Integration Happening?

Page 10: Five Trends That Will Transform Customer Communities

Web Analytics + Community Analytics

Integrating web and community analytics helps you to identify the community content and users that drive business outcomes.

Shown: Omniture-Lithium Integration

Page 11: Five Trends That Will Transform Customer Communities

From Intuition to Measurement

TrendCustomer communities are now run on data

rather than a sense that this is “a good thing to do.”

ThreatLet data make decisions rather than letting people

make decisions.

OpportunityEnsure community is sustainable in the future.

Page 12: Five Trends That Will Transform Customer Communities

CRM

Health Return Insight

A measure of success for customers/users.

A measure of success for the business.

A measure of what customers are thinking.

Three Kinds of Measurement

UNIVERSAL TYPE-SPECIFIC UNIVERSAL AND TYPE-SPECIFIC

Page 13: Five Trends That Will Transform Customer Communities

The Discipline of a Weekly Report

Page 14: Five Trends That Will Transform Customer Communities

From Listening to Responding

TrendToday’s focus on listening will soon give way to a

need to change the way companies do business.

ThreatSet unrealistic with customers that create

dissatisfaction.

OpportunityUse customer wisdom to prevent problems and

exploit opportunities.

Page 15: Five Trends That Will Transform Customer Communities

Interact

1995-2005

Listen

2005-2015

Respond

2015-2025

Enabling interaction so that customers can help each other.

Listening to customers and addressing their needs one by one.

Dynamically creating products and processes in partnership with customers.

A Transformation Affecting Every Business

Page 16: Five Trends That Will Transform Customer Communities

Why Idea Engines Matter

Page 17: Five Trends That Will Transform Customer Communities

From Practice to Discipline

TrendCommunity management is changing from an ad

hoc practice to a defined discipline.

ThreatMore competition and pressure on community

managers.

OpportunityMore knowledge and more tools available to make

your community successful.

Page 18: Five Trends That Will Transform Customer Communities

What’s in Your Toolbox?

Page 19: Five Trends That Will Transform Customer Communities

Thank You

Joe [email protected]