lithium likes to loves tour orange county
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The Lithium Likes to Loves Tour Orange County - Edelman and VerizonTRANSCRIPT
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#L2LTourWe’re Tweeting! Join
the conversation atOrange County
Building a Brand NationSeptember 14, 2011
Katy Keim
Chief Marketing Officer, Lithium
@katykeim
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breakfast
networking
information
2
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context
possibilities
next steps
3
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@katykeim #L2LTour
why likes to loves?
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@katykeim #L2LTour
transformation
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@katykeim #L2LTour 6
to
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@katykeim #L2LTour
reinventing the
telecom company
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@katykeim #L2LTour
fan “I acknowledge you”
engaged “I want something from you”
superfan “I belong because of you”
advocate “I act for me and for you”
the change in the customer
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@katykeim #L2LTour 9
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@katykeim #L2LTour 10
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@katykeim #L2LTour 11
from
14% of consumers trust
advertisements
advertisements
90% of consumers trust
peer recommendations
peer trust
source: july 2009 nielsen global online consumer survey
to
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@katykeim #L2LTour 12
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@katykeim #L2LTour
Your Brand
Nation
the change in the business
Passionate, engag
ed social
customers
who love you,
not like you
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@katykeim #L2LTour
we build brand nations
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vibrant online communities full of passionate, engaged social customers
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@katykeim #L2LTour 15
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real thinkers
real customers
real possibilities
real results
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@katykeim #L2LTour 17
Michael Brito
SVP, Social Business
Planning
Rebecca Carroll
Community Manager
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#L2LTourWe’re Tweeting! Join
the conversation atOrange County
The Growing Influence of the
Social CustomerSep 14, 2011
Michael Brito, SVP Social BusinessEdelman Digital
@Britopian
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@katykeim #L2LTour
Customer expectations on the rise
19
Cone 2009 Study Cone 2010 Study
59% use Social Media to interact with brands 78% of use Social Media to interact with brands
93% believe a company should have a presence in social
media
37% of users engaging companies or brands via new media at
least once per week
43% of consumers say that companies should use social
networks to solve the consumers' problems
New media expect companies or brands should not only have
a presence in new media (95%) but also interact with their
consumers (89%).
41% believe that companies should use social media tools to
solicit feedback on products and services
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@katykeim #L2LTour
A day in the life of the social customer
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▪ The customer journey is
dynamic; and always changes
▪ Brands need to have multiple
customer touch points to break
through the clutter
▪ Customers need to hear things
3 – 5 times before the actually
believe
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@katykeim #L2LTour
The social customer & brand experience
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Brand Discovery:Google Search, Word of Mouth
Brand Participation:Fanning, following, liking
Brand Sharing:Easy, habitual, publishing
Brand Advocacy:Creating content, sharing, defending
The Advocate
(e.g. encourage friends to
purchase)
The Opinion Sharer(e.g. post review)
The Participant(e.g. participate in a brand
experience)
The Informed(e.g. research products online)
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@katykeim #L2LTour
The new purchase funnel cycle
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▪ The goal of every brand should be to transform the social customer into an advocate
▪ Advocates talk about the brand, even when the brand isn’t listening
▪ Advocates are trusted among their peers and within their micro communities
▪ Advocates are aiding and influencing others down the purchase funnel
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@katykeim #L2LTour
Customers seek help when making purchase decisions
23
Consumers turn to product/service information and customer reviews, but blogs are
gaining traction. Before deciding whether to purchase, consumers go online to:
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@katykeim #L2LTour
The social customer influences others
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Negative information is just as powerful as positive
in influencing consumers’ purchase decisions
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@katykeim #L2LTour
Next Steps
25
Conversational audit &
determine if you can
add value to the
conversation
Prepare to scale
internally i.e. hiring
community managers,
escalation/moderation
and social media
policies
Establish a
measurement
framework
1 2 3
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@katykeim #L2LTour
Michael BritoSocial Business Planning
Edelman Digital
http://www.britopian.com
http://twitter.com/Britopian
Thank you!
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Becky Carroll
Community Program Manager, VerizonAuthor, The Hidden Power of Your Customers: Four Keys to Growing Your
Business Through Existing Customers
@bcarroll7
Lithium Likes to Loves Tour
September 15, 2011
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Verizon is a global leader in broadband, wireline, and wireless communications.
Verizon Residential has America’s most advanced fiber-optic network.
Entertainment services Converged communications Information services
Diverse workforce of over 196,000
Consolidated revenues in 2010 of over $106 billionSource: Verizon.com
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Social Media is not a campaign.
It is a Relationship.
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eExpanding from Support to Engagement
http://community.verizon.comLaunched: August 2008
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eOpen Innovation:Anyone, anywhere
http://verizon.com/ideasLaunched: July 2010
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Identify new product and service enhancement opportunities
Facilitate customer-driven product/service enhancements or new products/services
Enhance Verizon brand as establishing innovative ways to engage with and serve customers
Objectives
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eExample:FiOS TV FiOS TV is Verizon Residential’s flagship product, providing top-rated, high quality TV viewing via our fiber optic network
Includes our Interactive Media Guide (IMG)
IMG 1.9- New feature release- Wanted to focus on customer requests
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eCollecting Customer Input
Collaboration via social media tools Verizon Forums
Verizon Idea Exchange
Twitter via @FiOSTV
Verizon FiOS Facebook page
Forums Sneak Peek
Collaboration
Refinement
Co-Creation
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eFiOS TV IMG 1.9: A Huge Success With Customers
“Wow. Impressive.”
“Love the new guide!:)”
“Whoohoo. The guide is finally in HD.”
“I IMG 1.9.”
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eVerizon Ideation ProcessLeverages Social Media
We listen to customers
We open our product development process
“85% of our latest release has been suggested, or
refined by our customers.”
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Number of ideas submitted: 1700
Number of ideas in progress: 250
Number of ideas implemented: 31
Since launch…
107% growth in comments
403% growth in votes
555% growth in visitors
Measuring Success
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Support Engagement Insight
Able to self-serve
Look for issues (early detection)
Customer retention
Be affiliated with the brand
Get closer to the Customer
Insight to help take action
Connect with Verizon
A place to be heard
Our Brand Nation
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Call to Action: Start by Listening
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Next Step: Go Deeper
Use tools to listen beyond your own website
Incorporate social media into your strategies
Co-opt your customers
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@katykeim #L2LTour
the must haves in a brand nation
41
▪ engaging
▪ scalable
▪ everywhere
▪ measurable
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@katykeim #L2LTour
engaging through interaction styles
42
forums
contests
reviews
q&a
ideas
videos
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@katykeim #L2LTour
engaging through reputation & recognition
43
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@katykeim #L2LTour
scalable through peer to peer
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@katykeim #L2LTour
scalable through superfans’ influence
45
Aandms
Counsellor
Member: 3/2010
2161 Kudos
9,369 Posts
378 Total Tags
KachiWachiDistinguished
Logitech Legend
Member: 5/2006
748 Kudos
45,136 Posts
RealGeorgeWTrusted Contributor
Member: 2/2009
322 Kudos
4,527 Posts
40 Total Tags
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@katykeim #L2LTour
scalable through superfans’ influence
46
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@katykeim #L2LTour 47
scalable through superfans’ influence
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@katykeim #L2LTour
everywhere. where your customers are.
48
owned
community sites Facebook
enhancing the
in-Store experience
mobile
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@katykeim #L2LTour 49
everywhere. definitely on facebook
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@katykeim #L2LTour
measurable insights, engagement and response
50
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Sometimes, love is
not enough.
51
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52
Sometimes, love is
not enough.
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@katykeim #L2LTour
brand nations grow brand loyalty
53
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@katykeim #L2LTour
brand nations drive sales
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@katykeim #L2LTour
brand nations reduce costs
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@katykeim #L2LTour
brand nations accelerate ideas
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@katykeim #L2LTour
next steps
57
meet customers
and view demos
let’s discuss your
needs and brand
report
3 months free
with a one year
subscription to
LevelUp or SMM
today this month before Dec 1
meet customers
and view demos
let’s discuss your
needs and brand
report
3 months free
with a one year
subscription to
LevelUp or SMM
1 2 3