SOCIAL CRM How to stop playing and link social media to ROI

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SOCIAL CRM How to stop playing and link social media to ROI

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SOCIAL CRM How to stop playing and link social media to ROI. A brief history of direct Marketing. Single Customer View. ‘90s. CRM. Email. Experimentation. Integration. ‘00s. eCRM. Social Media. Experimentation. Integration. ‘10s. Social CRM. ?. - PowerPoint PPT Presentation

Transcript of SOCIAL CRM How to stop playing and link social media to ROI

Page 1: SOCIAL CRM How to stop playing and link social media to ROI

SOCIAL CRMHow to stop playing and link social media to ROI

Page 2: SOCIAL CRM How to stop playing and link social media to ROI

A BRIEF HISTORY OF DIRECT MARKETING

‘90s

‘10s

‘00s

Single Customer View

Email

Social Media

Experimentation Integration

Experimentation Integration

CRM

eCRM

Social CRM

Clients prospects

Clients

Clients

ProspectsFans

?

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LIVE FROM THE HEAD OF YOUR CEO…‘‘The Organisation overall budget is finite’’

Rule 1: Primary Budget is allocated to the core of the business

Rule 2: Winners get funding. Losers don’t

Hint: this is usualy

NOTSocial media

Justify Budget

Justify Business

Show your ROI

Show Financial outcome

And show it quicker because…

(Source: Social Media ROI – Olivier Blanchard)

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Page 5: SOCIAL CRM How to stop playing and link social media to ROI

Reaction

GO ONE STEP FURTHER

# Fans# Likes

# Shares

Investment$$$$$ Action

Non Financial Impact

Financial Impact

Experimentation Integration

Cost Reduction$$$$$

Increased Revenue

The Investment-return Relationship

(Source: Social Media ROI – Olivier Blanchard)

You have Fans, now what?

NOT The Investment-return Relationship

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HOW TO MEASURE SOCIAL ROI?

From…

Bring Fans into the Single Customer View

… To

Social Costs

Social Revenue

Social Revenue

Social Costs- = Social

ROI

PersonnelTechnology

Timeother

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CHALLENGE: MAKE THE LINK

CRM eCRM Social CRM

Automatic

Manual

Apps / FB Login / API …

PR Company / Community Manager

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CHALLENGE: STORE & PROCESS SOCIAL DATA

Mobile Data

SocialData

Email Data

CustomerData

Real Time

Mobile Campaign

SocialCampaign

Email Campaign

Campaign

data hub

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OPPORTUNITY: CALCULATE SOCIAL ROI

data hub

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OPPORTUNITY: PERSONA SEGMENTATION

Prospects

ClientsFans

UpsellCandidates

Hot Leads

Ambassadors

Golden

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OPPORTUNITY: REACTIVE TRIGGER CAMPAIGN

Prospects

ClientsFans

UpsellCandidates

Hot Leads

Ambassadors

Golden

Reactivation

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OPPORTUNITY: PREDICTIVE TRIGGER CAMPAIGN

Prospects

ClientsFans

UpsellCandidates

Hot Leads

Ambassadors

GoldenBusiness

Intelligence

Churn Prevention

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WHAT FOR?A few cases…

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ECOUPON VALUE

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TV PRODUCT PLACEMENT

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CONTEST PRIZE

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WHAT ABOUT THE FUTURE?

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MOBILE IS SWITCHING TOO

‘90s

‘10s

‘00s

Single Customer View

Email

Social Media

Experimentation Integration

Experimentation Integration

CRM

eCRM

Social CRM

Local & MobileExperimentation Integration

SOLOMO CRM‘10s

Your Next Challenge!

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CONCLUSION

Don’t be late!Have your Social CRM ready

So you can start your SOLOMO CRM on time!

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Florent Diverchy

[email protected]

@thefrenchflo

Digital Business Consultant