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Page 1: Socialytics: Using Social Data for More Effective Sales, Marketing & Customer Service

7-10 © 2010 IDC Copyright 2010 IDC

Michael Fauscette, Group Vice President, Software Business Solutions

Page 2: Socialytics: Using Social Data for More Effective Sales, Marketing & Customer Service

7-10 © 2010 IDC

What if?... Know when a customer is becoming an influencer / advocate BEFORE it happens?

Know what a customer is likely to buy BEFORE asking?

Know what marketing messages an individual customer will respond to… Know when a customer

is likely to defect BEFORE it happens?

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Data

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Information

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Socialytics

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The Intersection of:

CRM

Web Analytics

Social Data

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Listening…

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Listening…

 Compliments  Complaints  Questions  Problems  Competitors  Crisis  Influencer  Voice of the Crowd  Opportunity / Needs

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Track… • Positive Mentions

• Length / Span of Travel

• Conversation

• Synchronization

• Tally

• Sentiment

• Activation

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Metrics – measuring success

SOCIAL  METRICS  

#  ac/ve  members  

#  site  visits  

#  member  posts  

#  event  registra/ons  

#  answered  ques/ons  

 Influence  Engagement  Revenue  Costs  Margin

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Activity

Engagement

New Business

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Reactive Versus

Predictive

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Monitoring

Decision Support

Creating actionable insight!

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What’s happening?

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What some of the vendors are doing…

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 Increase # of prospects  Find links to decision-makers  Strength / weakness of relationships  Change in urgency

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Power of Community + Predictive Decision Support

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http://www.idc.com/research/socialbusiness.jsp

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Contact

Michael Fauscette

[email protected]

Twitter: @mfauscette

Blog: www.mfauscette.com