Social business web 3.0

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You Wanted To Know About S ilB i W b 3 0? Social Business Web 3.0? Felix Lee Project Director Felix Lee, Project Director Catalyst Connector CRM Business Revolution 2010, Singapore [email protected] [email protected] www.CatalystConnector.com

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Transcript of Social business web 3.0

Page 1: Social business web 3.0

You Wanted To Know About S i l B i W b 3 0?Social Business Web 3.0?

Felix Lee Project DirectorFelix Lee, Project DirectorCatalyst ConnectorCRM Business Revolution 2010, Singapore

[email protected]

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In the beginning…

There was…

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the social networkFive years ago, no one had ever heard of it.

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the social networkTen years from now, no one will know how we ever lived without it. Ten years from now, no one will know how we ever lived without it.

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the future is hereNow, with the click of a button,Now, with the click of a button,

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the future is hereNow, with the click of a button,Now, with the click of a button,there’s a smarter way to steal,

d id i iswop and rent identities.

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still

Identity theft is the fastest growing crime on the Internet.

Identity theft is the fastest growing crime on the Internet.

You should really be careful about

who you share your who you share your business, or bed with.

Winning trust is not a science Winning trust is not a science. It is an art.

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Javelin Strategies reports that incidences of the crime increased by 11% from 2008 to 2009 altering the lives of 11 million Americans, which means one in every 20 Americans risks being a victim this year.

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• Fastest growing sector for Internet use is communitiesg g(5.4% in a year)

• Member communities reach more internet users(66 8%) th il (65 1%)*(66.8%) than email (65.1%)*

• By 2010 over 60% of Fortune 1000 companies will have some form of online community deployed forhave some form of online community deployed forCRM purposes**

*(Nielsen “Global Faces on Networked Places”)** (Gartner Group – “Business Impact of Social Computing on CRM)

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Social Business isSocial Business isThe Power of One

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Elements of the Social Universe

Relationships

Elements of the Social Universe

ReputationRelationships

Conversation

Persona UGCGroupsGroups

Sharing

CollaborationCollaboration

PresenceActions

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Social Your Business!Business!

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Back To CRM SchoolBack To CRM School

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The Customer is Managing your

eBrand

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eBranding? What’s That?

I’ve got the

I co-create the

experience

I like. I like!

music!experience

I AM the music! tweet

I think he needs

I’m buying his music

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cough mixture

his music right now…

retweet

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Who are you?

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Social sharing + Tagging + Viral sharing + Social News Creation + g gg g gAnalytics

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Open Innovation& the Flat Earth

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Open Innovation…Open Innovation…

“A crowd of decentralizedA crowd of decentralized people working to solve a problem on their ownproblem on their own without any central effort to guide them come up withguide them, come up with better solutions, rather than a top down driven solution ”a top-down driven solution.

Suroweicki

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…is crowd-sourcing…is crowd sourcing

Di it d thi k

• Cognitive Diversity

Diversity reduces groupthink.Groupthink works by

shielding members from outside opinionsCog e e s y

• Independence• Decentralization

outs de op o s

• Easy Aggregation People assume that groups know what they are doing =they are doing =Leads to herd

behavior

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sCRM is a mindset

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To DoList

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Tech Shopping List [SCRM]Tech Shopping List [SCRM]

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Estimated Timeframe To Reach Your Communities

60 days21

48 hrs

8

12 wks

48 hrs21

days24 hrs

8 wks

Time to Time between Average time establish

SCRM policytransaction and order delivery

gto deploy and engage clients

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Loyalty has a Bossy ywho earns creds

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Loyalty is Earned ContinuallyLoyalty is Earned…Continually

N bit d h t t t [140] Newsbites good enough to tweet [140] Design for selfishness, not altruism Encourage personal expressions of art, prose,Encourage personal expressions of art, prose,

crits, as content threaders. Allow for “escape activities” like games, gossip,

lurking hit and runslurking, hit and runs. 3-click sign-up and sign-in Rewards should be both virtual and real world Use Longtail techniques and ideas used to

germinate and sustain actionable interest

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Shared Experiences = viral memories

Plan a cross-country treasure hunt

Shared Experiences viral memories

FocusH !

Customer Experience UGCHere!

HotelReservations Data Content

Maps EventLocator

NotHere

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Not only do you have to contend with the rest of the world, your own organization is yet another social challenge in itself!

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The Road Ahead

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Love me, Love My Phone…

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Don’t Give Up!Don t Give Up!

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Felix Lee, Project DirectorCatalystConnector.comCRM Business Revolution 2010, SingaporeCRM Business Revolution 2010, Singapore

[email protected]

[email protected]. Co-Venture. Co-Market