Customer Retention is more than Facebook and Twitter - conversation with Adam Cohen of Rosetta
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Transcript of Customer Retention is more than Facebook and Twitter - conversation with Adam Cohen of Rosetta
introNetworks Webinar Series
"Customer Retention Takes More Than Facebook and
Twitter“
Conversation withAdam Cohen
Thursday, April 29th, 9 am Pacific
Sponsored by introNetworks‘We transform businesses with smart social
networks’
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OUR GUEST
Mark Sylvester@marksylvest
er
• Adam Cohen
• Partner, Social Media Practice Lead at Rosetta
• Social Media Strategist
• Blogs at adamhcohen.com
• Experience• Retail, Financial Services, High Tech Experience with Fortune 1000
companies
• Forrester Research Technology Marketing Executive Council member
• Mark Sylvester• CEO and Co-Founder of introNetworks, creators of smart social networks for employees, customers, prospects and partners
• Built first network for TED Conference in 2003• Original founder of Wavefront Technologies, creators of Maya
MODERATOR
Adam Cohen@adamcohen
Photo credit http://www.flickr.com/photos/iainalexander/1019184136/
Customer Retention Takes More Than Facebook and Twitter
How Social Media Fits Into Interactive Marketing
Web / E-Commerce
Search & Media
Social Media
Mobile
An
alytics & O
ptim
ization
Use
r Cen
tered
De
sign
RM & Loyalty
ConsumerInsights
Interactive Marketing Strategy & Roadmap
5
Insight
1Knowing your customers’ needs, attitudes and behaviors is critical to designing programs and strategies that will resonate. Marketers don’t need to guess.
Mark Sylvester@marksylveste
r
Adam Cohen@adamcohen
7
CONFIDENTIAL ©2010
Customer Experience
Know your customers
• Communication preferences
• Brand favorability• Net Promoter Score• Social media monitoring
Photo credit: http://www.flickr.com/photos/daveelmore/2933612776
Strategy2Mark Sylvester
@marksylvester
Adam Cohen@adamcohen
Fueled by insight, develop a communication strategy that meets customer needs.Customer retention is one key goal.
Customer retention can benefit from engaging and empowering brand advocates.
9
CONFIDENTIAL ©2010
Awareness
Consideration
Conversion
Loyalty
Advocacy
Word-of-Mouth
Po
wer
of S
ocia
l Med
ia
The New Marketing Funnel
Photo credit http://www.flickr.com/photos/left-hand/1545584483
Every customer
touchpoint is an opportunity
to influence retention
Ideas3Mark Sylvester
@marksylvester
Adam Cohen@adamcohen
Social media is a broad range of technologies. Develop ideas that will build relationships for the long term.Facebook and Twitter are just two of many tools in the toolbox.
12
CONFIDENTIAL ©2010
Beyond Facebook and Twitter
Voice of the Brand: Dominant
Static Marketing Messages/Ads; Products & Services vetted by
customers
Voice of the Customer: Reactive/Weak
Customers asked for feedback through surveys
and research
Voice of the Customer: Strong
Customers participate in shaping the brand
Voice of the Brand: Measured
Products and messages infused by and co-
generated with customers
Surveys & TraditionalResearch
Ratings/Reviews
CommunityAdvocacy Programs
Customer Support
Offsite Participation
Old Model New Model
Thanks For ParticipatingTo connect with our guestAdam Cohen @adamcohenwww.adamhcohen.comwww.rosetta.com
To connect with our hostMark Sylvester @marksylvester /
@intronetworkswww.introNetworks.com
Webinar Replay – available at intronetworks.com/webinars.aspx
Mark Sylvester@marksylveste
r
Adam Cohen@adamcohen
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