Owyang & Spiceworks Webinar Apr19 2011

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Reginald Herde Director of Marketing, Spiceworks [email protected] @SpiceWired Jeremiah Owyang Partner, Altimeter Group [email protected] @jowyang Ask the Experts: Using Social Marketing to Reach the IT Buyer ($244B annual spend) #SocialITMarketing

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Ask the Experts: Using Social Marketing to Reach the IT Buyer

Transcript of Owyang & Spiceworks Webinar Apr19 2011

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Reginald HerdeDirector of Marketing, [email protected]@SpiceWired

Jeremiah OwyangPartner, Altimeter Group

[email protected]@jowyang

Ask the Experts: Using Social Marketing to Reach the IT Buyer($244B annual spend)

#SocialITMarketing

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Agenda• Trust Factors• Social Spheres of Influence• Community Management• Spiceworks and the IT Decision Makers Inside

Ask the Experts: Using Social Marketing to Reach the IT Buyer

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Ask the Experts: Using Social Marketing to Reach the IT Buyer

Jeremiah OwyangIndustry Analyst and Partner

Webinar for SpiceworksApril 19, 2011

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© 2011 Altimeter Group

Individuals trust each other most4

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© 2011 Altimeter Group

Experts and Technical Experts Within Company Trusted

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© 2011 Altimeter Group© 2011 Altimeter Group

Fish Where The Fish Are

Image by messersmith used with Attribution as directed by Creative Commons http://www.messersmith.name/wordpress/wp-content/uploads/2009/08/pickhandle_barracuda_PA290259.jpg

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© 2011 Altimeter Group

ProspectsCustomersEmployees

Brand

• Those aware of brand• Those not aware of

brand

• Advocates• All other customers

• Approved employees• Field employees

• PR and Corporate Comm

• Executives

Framework: Rings of Influence7

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© 2011 Altimeter Group

ProspectsCustomersEmployees

Brand

• Those aware of brand• Those not aware of

brand

• Advocates• All other customers

• Approved employees• Field employees

• PR and Corporate Comm

• Executives

Traditionally, the brand is most represented, yet has limited influence

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© 2011 Altimeter Group

The corporate press release does not influence customers

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© 2011 Altimeter Group

ProspectsCustomersEmployees

Brand

• Those aware of brand• Those not aware of

brand

• Advocates• All other customers

• Sanctioned employees• Field employees

• PR and Corporate Comm

• Executives

Employees have increased influence with customers10

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© 2011 Altimeter Group

Intel employees blog give customers an “inside look”

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“Blogs@intel offer an ‘inside look’ at Intel’s

operations and provides opportunities for you to exchange ideas directly

with our employees.”

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© 2011 Altimeter Group

ProspectsCustomersEmployees

Brand

• Those aware of brand• Those not aware of

brand

• Advocates• All other customers

• Approved employees• Field employees

• PR and Corporate Comm

• Executives

Customer voices are typically most trusted12

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© 2011 Altimeter Group

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Cisco has created a Collaboration Community for customers to interact and support each other

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© 2011 Altimeter Group

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100 SAP Mentors mostly work for partners or customers of SAP – they are trusted experts

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© 2011 Altimeter Group

Top Contributors from Intel and a community leaderboard from Oracle award status and prestige

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© 2011 Altimeter Group

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© 2011 Altimeter Group

ProspectsCustomersEmployees

Brand

• Those aware of brand• Those not aware of

brand

• Advocates• All other customers

• Approved employees• Field employees

• PR and Corporate Comm

• Executives

Prospects are influenced by other rings17

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© 2011 Altimeter Group

Intel Advisors Reaches Life and Workstyle Discussions

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© 2011 Altimeter Group© 2011 Altimeter Group

Community Engagement

Image used with Attribution as directed by Creative Commonshttp://www.nutwork.com.au/wp-content/uploads/2008/11/community.jpg

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© 2011 Altimeter Group

1. First, listen to what customers are saying

a) Analyze where they are

b) What are the top conversations

c) Understand the trends and who the influencers are

Community Best Practices20

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© 2011 Altimeter Group

2. Engage in conversation

a) Start by joining conversations that are already happening by adding value:

a) Answering existing questions

b) Pointing to existing answered threads

b) Segment by priority and develop a way to triage product critical information

a) Establish a workflow so your community managers can quickly respond

Community Best Practices21

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© 2011 Altimeter Group

Social media triage22

Can you add value?

Evaluate the

purpose

Respond in kind & share

Thank the person

Unhappy Customer?

DedicatedComplainer

?

Comedian Want-to-

Be?

NegativePositive

Yes No

Do you want to

respond?

No Response

No

Yes

Take reasonable action to fix issue and let customer know action taken

Are the facts

correct?

Gently correct the facts

No

No

No

Yes

Are the facts

correct?

Does customer need/deserve

more info?

Yes

Explain what is being done to

correct the issue.

Yes

Is the problem

being fixed?

Yes

Let post stand and monitor.

No

Yes

NoYes

Yes

Assess the message

This framework was built using the USAF Blog Triage. (Added this attribution post webinar)

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© 2011 Altimeter Group

3. Know when to let the crowd to take over

a) Scale is an issue, as the customers (hopefully) outnumber staff

b) Remember you don't have to respond to all questions

c) Reward the crowd through recognition and access to new information as they assist others

d) Use leaderboards to track influencers and dub them advocates

Community Best Practices23

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© 2011 Altimeter Group

Estimated Costs (Sample)

Note: These are sample figures. Altimeter can work with clients to make more accurate estimations.

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Costs Estimated Cost (First Year)

Full-time community manager salary and benefits $120,000Part-time community manager for evenings and weekends ($25 hours x 25 hours a week) $32,500

Total cost $152,500

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© 2011 Altimeter Group

Benefits Description Estimated Benefit

Increased revenuesNumber of active leads X average deal size Varies

Improve reputation of the organization Benchmarked in brand study Varies

Reduced support costs

Number of customer questions responded to X call center cost Varies

Reduced escalation costs

Number of customer questions requiring escalation responded to X call center cost Varies

Improved search engine placement, due to greater inbound links in social media Cost for SEM or Advertising Varies

Reduced and R&D costsReduced innovation and R&D costs, time to market Varies

Total benefit Varies

Estimated Benefits (Sample)25

Note: These are sample figures. Altimeter can work with clients to make more accurate estimations.

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© 2011 Altimeter Group

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Jeremiah [email protected]

m

web-strategist.com/blog

Twitter: jowyang

THANK YOU

With assistance from Andrew Jones, Researcher

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Reginald HerdeDirector of [email protected]@SpiceWired

Ask the Experts: Using Social Marketing to Reach the IT Buyer

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Wait a second…

First, tell me what Spiceworks is.

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IT, circa 2006

“Which tools do I use?” “What information do I needand where do I find it?”

“Where can I find anexpert to help me?”

“What products should I buy?”

“What do I have?” “Is it all working?”“How do I fix it?”

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IT IT ITIT IT ITIT

IT IT ITIT ITIT IT ITIT

IT IT IT

A Problem Solved: Spiceworks

Manage People

Manage Networks

Free IT Apps

RFQs

Purchasing

Commerce

DiscussionsAdvice

Community

Online Media, Newsletters, Sponsorships & Vendor Pages

Vendors

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Buying Power of the IT Community

Daily Growth: 2,000 new users 1,150 new companies 12,000 printers added 78,000 computers

added

1,400,000 IT ProfessionalsIn 196 Countries

Network Scale: 78M devices 45M employees 858k companies $244B in IT budget

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IT Purchasing Trends in 2011

IT budgets Increasing by 8%

2/3 plan to purchase new, upgrade or renew hosted IT services.

Concern over cloud solutions being new/unproven dropped significantly

http://bit.ly/fxhC6N

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ITIT ITITIT IT IT

IT IT IT IT

IT IT IT IT IT

IT IT IT ITIT IT IT IT

Users and Vendors Brought Together

Purchase Lists & RFQs

Vendor Plug-ins & Integrated Features

Vendor Pages + Dashboard

SpiceCorps & Spiceworks

University

Spiceworks Mobile

ITInnovations

for Users

Innovations for Vendors

Community Social Feeds

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Vendor Pages: The ‘Hub’ of User Engagement

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Followers Become a ‘Followership’Track/boost Follower growth Highlight posts

Peek at the competition Follower profiles say a lot

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Microsoft Unitrends

Two Approaches: Two Success Stories

• Engaged in Community despite their size, brand awareness, etc.

• Built up Following and increase customer satisfaction based on constant engagement

• Allow participation from partner network too

• Increased awareness and Followers through participation and giveaways

• More Followers here than on Facebook

• What’s more, this a truly targeted audience to engage with

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Then, what should I do?

You may already be inside Spiceworks, but if not…

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Thank you for your time.

[email protected]@SpiceWired