social crm & the customer of the future - somebizlife conference

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Social CRM & The Customer of the Future Barry Dalton CIO & Reformed CRM Consultant Telerx Marketing Inc. Today

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Taking a look at the social customer of the future and the implications to the corporate ecosystem that this customer is driving

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Page 1: Social CRM & the Customer of the Future - SoMeBizLife conference

Social CRM & The Customer of the FutureBarry DaltonCIO & Reformed CRM Consultant Telerx Marketing Inc.

Today

Page 2: Social CRM & the Customer of the Future - SoMeBizLife conference

Social CRM – Its not Social Media

“Social CRM is the company’s response to the consumers control of the conversation”

-Paul Greenberg: CRM at the Speed of Light

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Awareness Familiarity Consideration Purchase

Customers Don’t Buy Like They Used To

Source: Adapted from McKinsey Global Consulting – Customer Decision Journey - 2009

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Consumers Don’t Buy Like They Used To

Source: Adapted from McKinsey Global Consulting – Customer Decision Journey - 2009

mobile

social

web

email

@

store

print

call center

Awareness Familiarity Consideration Purchase

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Questions:

How many of you have engaged a company for service through a social channel?

How many of you currently provide service or support to your customers through social channels?

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Customer Relationship Management

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Baking new Brand X recipe for Suzy’s party. She loves it!

Day in the Life of the Consumer of the Future Mom blogging Recipe Look Up Menu building Mom tweets

Mom-BlogMom-BlogPlanning Suzy’s birthday party. Looking for menu ideas for 10 kids.

Rep engages

Dietician responds Mom at grocery storeRep texting reply

Does your cheese spread Contain gluten?

No ur good. Try Dirt Cupsdesert. Yum!

No ur good. For dessert Try apple turnovers. Yum!

I ‘m diabetic. R these ok?

Mom continues …

…ybe you would

like to Try Fluffy

Sugar Free Jello-O

Pie instead . …

@mom Good luck w/the recipe. My kids love it! Txt 57238 if u get stuck

Also click on this link for Cheese spread cpn http://tinyurl/uwc87s

Maybe Try Fluffy Sugar Free Jell-O Pie instead. Here is the link to our recipe. http://tinyurl.com/cRT67v.

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Day in the Life of the Consumer of the Future Clicks photo of item

still looking for; buys online

Mom-BlogMom-Blog

Bday party big success http://twitpic.com/. New Brand X recipe was so easy see recipe @BrandX site!

Speech Recognition & Customer Hold Messaging

Mom connected with IVR

Checks out website… clicks on icon to call

Mom checks out Mom blogs to 5,000 readers

I just want to talk to a

person.

Bypass!

Join our Innovation Community

, to sign up…

Speaks with tech savvy Rep

Have you tried this recipe? I will

send you a coupon.

Page 12: Social CRM & the Customer of the Future - SoMeBizLife conference

Day in the Life of the Consumer of the Future

Mom & Rep enter chat session to locate product

Mom receives email … joins Innovation Community and more

Rep: Hi Mrs. MomMom: HiMom: I am looking for Golden Oreos MinisRep: I will take you to the Netgrocer website we can shop together. Mom: Thanks I will submit the orderRep: Have a nice day. Bye.

Receives text via Text Messaging Service

Video conference tomorrow

Leverage your most important assets to create strategic business advantage

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What are the implications?

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Crowdsourcing

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Marketing, Sales & Service Team

Hundreds of Net New Processes

Communications

The Challenge Needs A New ApproachCustomer

store

mobile social web

email

@

print call center

One Process – One System

Customer

store

mobile social web

email

@

print call center

Communications

Customer-centric Coordination

Page 21: Social CRM & the Customer of the Future - SoMeBizLife conference

Who Owns It?

Page 22: Social CRM & the Customer of the Future - SoMeBizLife conference

Interactive Marketing

Public Relations

Interactive Marketing and Public Relations partner with Brand Teams/Agencies for brand plans incorporating Social Media

CustomerService

Interactive Marketing and

Customer Service partner to provide

campaign management

closed-loop follow up

All three functions partner w/ Legal, others

on Social Media guidelines, KPIs,

organization structure

Customer Service and PR partner

for crisis management,

brand hijacking

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Social CRM requires new service & support capabilities

From To

Static Knowledge Management

Dynamic Knowledge Monitoring

Call Center Operations

Social Media Integration

Desktop Applications [CRM]

Information Gathering & Analysis

Source: Accenture POV “Social CRM – The New Frontier of Marketing, Sales and Service

Page 24: Social CRM & the Customer of the Future - SoMeBizLife conference

ROI of Social CRM – Engaging customers in the service & support model

Source: Accenture POV “Social CRM – The New Frontier of Marketing, Sales and Service

Author

Publish

Consu

me

Feedback

Ana

lytic

s

Authors create and/or modify content. In the social web, authors are also consumers

Publishing workflow and engagement guidelines

Users (agents AND consumers) use the content to address issues. Analytics data gathered based on usage to identify ‘superusers’

Users provide feedback such as recommendations on products. Ratings on content usefulness

Analytics & Insight on what is working well, what needs improvement in the customer experience

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Who’s Doing It?Who’s Doing It?

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Most Recent Ideas

Reloadable cards should NEVER be emptySchizandra Tea (Oriental herb Tea) Lower the price of oatmealBring the caramel waffle cookies to the States!!“Tired of waiting on line…” RFID tag in car window stickerSkinny Peppermint MochaEvery store has every real moving story, let's find it Hold a concert eventreusable ceramics coffee filter

Dell XPS 15 - USB 3.0 Problem451 responses!

Page 28: Social CRM & the Customer of the Future - SoMeBizLife conference

Barry Daltontwitter:@bsdaltonLinkedIn: barrydaltonFacebook: barry.dalton2email: [email protected]: http://custservicestories.blogspot.com