The Conversation Manager (extended presentation

Post on 15-Sep-2014

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Extended presentation of 'The Conversation Manager', a story about the integration of word-of-mouth into all your marketing activities. Also a guide to integrate social media as a leverage tool in your marketing strategie.

Transcript of The Conversation Manager (extended presentation

The Conversation Managerby Steven Van Belleghem

#DCM

What’s going on?

Has the consumer changed??

Not that much…?

Word of mouthB.G.

What did change a lot??

Media!?

Word of mouthB.G.

WorLd of mouthA.G.

Conversation Revolution

One week info from the NYT>

a lifetime of info in the 18th Century

Consequence of ‘WorLd of Mouth’?What’s happening with the consumer?

We believe today’s consumers ...are post-modern nomads

Consumers switch between online and offline,blend work and private life,

and are part of a global social web.

That’s why they are more difficult to grasp.

90%

We believe today’s consumers ...are empowered

They have the means to make or break brands on a scale never seen before.

The Internet went down!

Stock value – 20%!

684.000.000 users

Correcter than Britannica

We are ALL advertisers

We believe today’s consumers ...are revealing more emotions

Decisions have always been strongly guided by emotions, now tapping into them has become easier.

40%

People love brands!

Consumer is part-time marketer

Me-marketing is hot

People have become very professional marketeers

They use the personalized/targeted communication strategiesbetter than any marketeer in the world

45%Create advertising

66%Feedback on new products

Post modern nomad Part time marketeer

Empowered Emotional

Internet is the biggest facilitator in human conversations

Post modern nomad Part time marketeer

Empowered Emotional

People are the oil of the conversation revolution

Post modern nomad Part time marketeer

Empowered Emotional

Hype or trend?

TREND!Metcalfe’s law…

We know things are changing,we don’t know how to act upon it

55%

A story about

the end of advertising?

The advertiser is dead!

A revolution implies CHANGE

“People are very open for new things,as long as they are exactly like the old ones”

Charles Kettering

“Everyone thinks about changing the world,but no one thinks of changing himself”

Leo Tolstoy

It IS happening NOW

It’s time to jump and to become…

It’s time to jump and to become…The Conversation Manager

Before we start…

Let’s kill a few myths

Monster

O PS

1 It’s not all online these days!

88%

6%6%

94% offline conversations

1

2

3

2 All sectors, all people!

3 They’re not as negative as you think!

6% - 18% = 82% - 94% =

Philosophy

Conversation

Advertising

Brand

Conversation

Activation

Brand

Philosophy

STEP 1: Brand leverage

Brands are emotions!

We look waytoo rational to brands!

Top 5 brands of the world according to interbrand

Global R&D project in 15 countries

Partnership with Houston University

N=5.900

Brand leverage

Brand leverage

Purchase brand

Promote brand

Brand isclose to ideal

Brand leverageR²=.50

Brand Conversations

Brand Perception

Brand Identification

Purchase brand

Promote brand

Brand isclose to ideal

Product quality decreases --- Customer experiences decreases --- Prices go up

20% increase in loyal customers during the last three years!

‘WE’ make(s) the difference!

Positive/Neutral Negative

Brand leverageR²=.50

Brand Conversations

Brand Perception

Brand Identification

Purchase brand

Promote brand

Brand isclose to ideal

Brand identification is KEY forthe Conversation Manager

1

Step2: Advertising becomes ACTIVATION

Advertising is…

Advertising is……the beginning of a conversation

Conversation

Activation

Brand

Philosophy

CREATING

SPREADING

RECEIVING

Activation for the sake of activation

Remember the story?

Happy or sad?

Marketing managerwill be happy

Conversation Manager

will be sad

Activation asks for strategic thinking

ACTIONS

DRIVERS

CONVER-SATIONS

PARTICIPANTS

BUZZ

ACTIVATION

BUYING ACTIVATION

ACTIONS

DRIVERS

CONVER-SATIONS

PARTICIPANTS

BUZZ

ACTIVATION

BUYING ACTIVATION

Fans & Experts build your brand

7 350.000.000

ACTIONS

DRIVERS

CONVER-SATIONS

PARTICIPANTS

BUZZ

ACTIVATION

BUYING ACTIVATION

The right motivation is key

Chevy had an idea…

Some of the results:

Giving Back!

Lucky Time

Branded utility: offer VALUE

ACTIONS

DRIVERS

CONVER-SATIONS

PARTICIPANTS

BUZZ

ACTIVATION

BUYING ACTIVATION

Talks about product or brand

3.700.000 watched a BBC documentary127.000 followers get a daily update20% increase in tourism for Queensland1.9M investment, 330M in airtime

Broadcasting the ad is justthe beginning, not the end!

2

Step 3: Manage your conversations

Conversation

Activation

Brand

Philosophy

Observe Facilitate Join

Observe Facilitate Join

As a manager As a brand As a peer

Observe

As a manager

Facilitate

As a brand

4.300.000 YouTube views500.000 Flickr views3.000.000 Twitter impressions50.000 leads for the Fiesta (97% has no Ford)

Join

As a peer

On new years eve,

Made a mistake…among 50% of its customersabout…money!

The following takes place between 8pm and 12am

31/12 9u22First reaction

127

01/01 3amHell breaks loose…

129

01/01 10amRabobank reacts

07/04/2023 131

“Ik heb het even nagekeken en ook bij mij is dit het geval.

Ik veronderstel dat er dus door een fout in de afrekening geen rekening werd gehouden met de vrijstellingsdrempel.

Wij onderzoeken het en zetten het probleem zo snel mogelijk recht.”

01/01 12amPositive reactions

133

6 Rules of participation

Listen

Ask questions

Open

Honest

Personal

Engagement

Thank you!

Do I always need to answer?

No, you don’t!

When not?

Emotional reactions

When people are talking

Pick your fights

When you need to think

Joining the conversation isthe essence of marketing

3

That’s the philosophy of…The Conversation Manager

A story of CHANGE

strategy tactics

strategy tactics

strategy tactics

STRATEGYnot tactical

In the short run:Accept failure

Long term goal:Be ambitious

CULTURE

The conversation company

Are you ready?

The BIG Conversation Manager test!

The BIG Conversation Manager test!

You are a member of at least 1 social network

(e.g. Facebook, Twitter, LinkedIn)

1

The BIG Conversation Manager test!

You use social networks at least once a week

2

The BIG Conversation Manager test!

You often check online buzz about your brand

3

www.blogpulse.com

www.technorati.com

Google/Trends

Google Alert

Tweetscan

Get Satisfaction

Brand tags

Google Blog search

Search twitter

?

The BIG Conversation Manager test!

You have automated systems to monitor buzz about your brand (e.g. Google Alert)

4

The BIG Conversation Manager test!

You work with an agency that believes in the conversation philosophy

5

The BIG Conversation Manager test!

You have a flexible marketing budget available

6

20%

The BIG Conversation Manager test!

You work with a new set of KPIs,conversation related KPIs.

7

The BIG Conversation Manager test!

You have (manage) a fanbase?

8

The BIG Conversation Manager test!

You participate in online conversations

9

Observe Facilitate Join

14% 7% 11%

The BIG Conversation Manager test!

You spread the word about the importance of Conversation Management

10

You can soon become a Conversation Manager

Start your change

48

Thank you!

Good luck!Questions, feedback, remarks:

Steven@InSites.euFollow me: @Steven_InSitesJoin me on LinkedInwww.theconversationmanager.com

#DCM