social roi simplified - steve irvine, 80/20 solutions

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© 2010 | www.8020solutions.com By: Steve Irvine, CEO 80/20 Solutions

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Steve Irvine Discusses Social Media for Revenue. Be sure to read his article likening Social Media to a Tupperware Party at: http://bit.ly/bRPgMu www,8020solutions.com Follow us: twitter.com/8020solutions

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Page 1: Social ROI Simplified - Steve Irvine, 80/20 Solutions

© 2010 | www.8020solutions.com

By: Steve Irvine, CEO80/20 Solutions

Page 2: Social ROI Simplified - Steve Irvine, 80/20 Solutions

Quick Exercise

• It’s all about networking… get to know your neighbours

© 2010 | www.8020solutions.com

Page 3: Social ROI Simplified - Steve Irvine, 80/20 Solutions

How can I help you?

1. Give you a simple way to think about Social ROI

2. Give you real tools and action items to actually achieve a high social ROI

© 2010 | www.8020solutions.com

Page 4: Social ROI Simplified - Steve Irvine, 80/20 Solutions

Where is social today?

Brand Awareness

ROI for Customer Service (cutting communications costs)

ROI for Marketing (cutting media costs)

© 2010 | www.8020solutions.com

Page 5: Social ROI Simplified - Steve Irvine, 80/20 Solutions

Where do we need to get to?

It’s all about the $$$$

Social driving revenue

© 2010 | www.8020solutions.com

Page 6: Social ROI Simplified - Steve Irvine, 80/20 Solutions

So how do we sell more?

Right person,

Right Message,

Right Time

© 2010 | www.8020solutions.com

Page 7: Social ROI Simplified - Steve Irvine, 80/20 Solutions

My Grandmother chat…

© 2010 | www.8020solutions.com

Page 8: Social ROI Simplified - Steve Irvine, 80/20 Solutions

Original Tupperware model

Get people to the party

Separate the influencers from friend collectors

Motivate them to buy

© 2010 | www.8020solutions.com

Page 9: Social ROI Simplified - Steve Irvine, 80/20 Solutions

It’s all about the customer

BrandDaters

BrandLoyalists

BrandAcquaintances

BrandAdvocates

© 2010 | www.8020solutions.com

Page 10: Social ROI Simplified - Steve Irvine, 80/20 Solutions

Where do we need to get?

Lis

ten

An

aly

ze Ac

t

© 2010 | www.8020solutions.com

Page 11: Social ROI Simplified - Steve Irvine, 80/20 Solutions

Social Success Framework

Brawn Brains

Brand ControlledCommunity Controlled

ValueCreation

(ROI)

© 2010 | www.8020solutions.com

Page 12: Social ROI Simplified - Steve Irvine, 80/20 Solutions

Key Takeaways

ROI is an aggregate measurement, but it can only be impacted on an individual basis

© 2010 | www.8020solutions.com

Page 13: Social ROI Simplified - Steve Irvine, 80/20 Solutions

Follow-up

Steve Irvine, CEO, 80/20 [email protected]

Cameron Couch, Marketing, 80/20 [email protected]

Webinar:

Social for Revenue, May 12th, 2pm

© 2010 | www.8020solutions.com