the social media experience @ fei

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27 February 2012, FEI EMEA 2012, Zürich The Social Media Experience: New Barriers are Fading

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Page 1: The social media experience @ FEI

1 http://youtu.be/7fVG3tmnm2Y

Page 2: The social media experience @ FEI

Floris Regouin

Philips

February 2012

The Social Media Experience: New

Barriers are Fading Philips Consumer Lifestyle

Page 3: The social media experience @ FEI

3

Philips, Floris Regouin, February 2012 source: http://fashionolia.com/how-to-dress-for-a-festival-2/hands/ by Cocochic

Page 4: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Statistics go through the roof!

• World population: ± 7 billion

• Online: ± 2.2 billion

• Facebook: ± 800 million

• Google+: ± 100 million

• @LadyGaga: ± 19 million followers

• Justin Bieber on YouTube: ± 685 million

views, owning retweet record of about 90

thousand times!

In 2013 eCommerce will already exceed $1T. (Goldman Sachs)

Asia and Latin America explosively growing,

varying from 10% to 18% CAGR to 2015 (Forrester)

4

Page 5: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Social media is…

• Not a Facebook page

• Not a YouTube video

• Not a advertising campaign on the web

“Social media is a new way of

building relationship and finding

personalized and meaningful

information based on what YOU

want and not what advertising

says”

Social networks like Facebook, YouTube,

LinkedIn and Twitter are the tools to enable

this.

5

Page 6: The social media experience @ FEI

Philips, Floris Regouin, February 2012

“Those who grew up digital have different brains. They

have different wiring and synaptic connections. This is the

defining characteristic of this new generation.” Don Tapscott

People have limitless

access to all information

always and everywhere.

Wanting seamless

experiences between

online & offline….

Converging the virtual and

real world for augmented

experiences that add

meaning to their lives.

Page 7: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Consumers are moving outside the purchasing funnel -

changing the way they research and buy their products

The consumer decision journey

The consumer

considers an initial

set of brands, based

on brand perceptions

and exposure to

recent touch points.

1

Consumers add or

subtract brands as

they evaluate what

they want.

2

Ultimately, the

consumer selects a

brand at the moment

of purchase.

3 After purchasing a

product or service,

the consumer builds

expectations based

on experience to

inform the next

decision journey

4 Discover

Search Decide

Compare Research

Purchase

Use

Get help

Personalize

Trust

Evangalize Friend

Web Company website Mobile Branch/store Call center Social

Adding Forrester

enriches the touch

points and

communication

vehicles revealing full

consumer experience

5

7

Share

Source: McKinsey, Forrester

Page 8: The social media experience @ FEI

Philips, Floris Regouin, February 2012 8 http://youtu.be/Nl9fvn8c_Eo

Page 9: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Change in approach is a necessity!

9

On/off

Interruption

One-way push

Product/category centric

Fragmentation

Inconsistency

On-going

Engagement

Two-way dialogue

Consumer centric

Focus

Consistency

From To

Page 10: The social media experience @ FEI

Philips, Floris Regouin, February 2012 “Orchestration of the digital initiatives is key to success”

10 10 Source: www.shellmont.com

Page 11: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Here’s our journey.

11

2009 2012 2010 2011

Brand principles

X-Functional team

Core platforms

Stage gate system SM Guideline SM Brand guidelines

Socialcast

Social network guides

B2C Strategy toolkit

Webcare toolkit

Page 12: The social media experience @ FEI

Philips, Floris Regouin, February 2012

We’ve learned that markets & sectors

can be very different:

• Emerging markets social media

(93% of online users use social tools at least monthly)

• The West consumes rather than create

(70% of online adults in Western countries are spectators)

• No single picture of European social media user

(Huge variations from country to country)

• Japan follows different pattern than Asia

(Only 28% visit social networking sites)

12 Source: Forrester, Global Social Media Adoption In 2011, Jan 2012

By global guidance Philips enables and

empowers local markets & sectors to be able to

execute

Page 13: The social media experience @ FEI

Philips, Floris Regouin, February 2012

We defined clear roles and a simple framework to

reinforce the brand with every consumer interaction

13

Managing the conversation

Monitoring the results of the conversation

Making the promise

NO

N

OW

NED

MODERATION (PRE/POST)

LISTENING PUBLISHING RESPONDING (REPLY/COMMENT)

MONITORING (HISTORY)

TRACKING

OW

NED

Keeping the promise

Stimulating on-going communication

Source: Forrester

Community Manager Web Care Team

Page 14: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Various tools to support WoW and execution

Listen

Talk

Participate

Energize

Dashboards,

DSI

Build ONE

Philips

Community

Social Media

Newsroom

Facilitate & Moderate

Support

Social Media

Operations

(Webcare)

14

Page 15: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Finding the right KPIs to measure business &

social objectives and define success

Use relevant secondary metrics to understand

how the needles are moving 15

Page 16: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Then it starts with the real deal:

Doing it, and doing it well!

Some success stories in the different sectors

16

Page 17: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Company page on Linkedin

Philips has about 120,000 followers of the company page on LinkedIn with careers section, product & services tab for recommendations.

Innovations in Health & Light programs delivered NPS and purchase consideration (MetrixLab, sep 2011)

17

Page 18: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Social Christmas Tree in Turkey in

Istanbul

Within one week more than 6,000 fans participated, sending

over 25 thousand invites and 10 thousands of cards and

thousands of tweets about this campaign providing energy to

light up the Christmas tree with energy saving Philips LED

bulbs.

Page 19: The social media experience @ FEI

Philips, Floris Regouin, February 2012 19

Page 20: The social media experience @ FEI

Confidential NPS Event - Amsterdam, February 7, 2012

Using Social Media channels to engage

with consumers in conversations

20

Page 21: The social media experience @ FEI

Philips, Floris Regouin, February 2012

#Sonicare – The Case

EX

TE

RN

AL

DA

TA

IN

TE

RN

AL

DA

TA

1.511 websites / domains

5.718 call logs/NPS free texts

21

Page 22: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Turning insights into results: turning negative sentiment

to positive and reducing call center costs by 33%

Quality

Speed

Life expectation

Battery

Timer function

Hygiene

How to brush?

How does product work?

Right product?

Customer Service

Highly positive perceived

22

Content

updates

COSTS

NPS

Page 23: The social media experience @ FEI

Philips, Floris Regouin, February 2012

Learn from failures & build on & leverage best

practices

Continuous learning,

sharing across

Markets, Sectors &

Functions and

closing the loop

23

Page 24: The social media experience @ FEI

Philips, Floris Regouin, February 2012

10 Key lessons learned

Analyze &

Understand

Continuous

Learning

Start & do it Not just

a KPI

Share &

Evangelize Mindset

No resources,

No execution

Speak the

Language

Testing

Testing

Listen

Page 25: The social media experience @ FEI

Philips, Floris Regouin, February 2012

And then keep on playing to build

your social media experience until

your brand sounds nice!

25

Page 26: The social media experience @ FEI

Philips, Floris Regouin, February 2012 26

Page 27: The social media experience @ FEI