The View from 10,000 Feet: B2B Marketing in a Social and Mobile World
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Transcript of The View from 10,000 Feet: B2B Marketing in a Social and Mobile World
The View from 10,000 Feet:B2B Marketing in a Social and Mobile World
Tricia GellmanDirector, Product Marketing
Safe HarborSafe harbor statement under the Private Securities Litigation Reform Act of 1995: This presentation may contain forward-looking statements that involve risks, uncertainties, and assumptions. If any such uncertainties materialize or if any of the assumptions proves incorrect, the results of salesforce.com, inc. could differ materially from the results expressed or implied by the forward-looking statements we make. All statements other than statements of historical fact could be deemed forward-looking, including any projections of subscriber growth, earnings, revenues, or other financial items and any statements regarding strategies or plans of management for future operations, statements of belief, any statements concerning new, planned, or upgraded services or technology developments and customer contracts or use of our services.
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A B2B Marketing Discussion
Ray Wang
Todd Forsythe
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA © 2010 Constellation Research, Inc. All rights reserved.
San Francisco | Andalucia | Boston | Chicago | Colorado Springs | Cyprus | Geneva | Halifax | Irvine | London | Los Angeles | New York | Sacramento | Sedona | Sydney | Tampa | Tokyo | Washington, D.C.
www.ConstellationRG.com
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
About Constellation Research
5
Next generation research firm advocating for buyers Brings real world experience, independence, and objectivity to
clients Addresses cross-role, cross-functional, and cross – industry
points of view Bridges legacy optimization with future innovation Focuses on social, mobile, cloud, analytics, unified
communications, Gov 2.0, internet of things, and legacy optimization
www.ConstellationRG.com @ConstellationRG
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Customers have moved, companies fallen behind Macro trends move business beyond social Reengagement begins with trust and social SCRM and B2B Next Steps
Agenda
6
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Customers Have Moved, Companies Fallen Behind
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Decline in an individual’s trust
of companies
Failure of CRM efforts to engage
and influence
Increase in social media
adoption
8
Three forces drive the changing dynamics in customer engagement
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Trust moves beyond financial performance. Trust is the new social currency.
Source: 2010 Edelman Trust Barometer
9
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA 10
83% of companies using LinkedIn as a primary tool
to find employees
Wikipedia has over 15 million articles…some studies show it’s more accurate
than Encyclopedia Britannica.
25% of search results for the World’s Top 20 largest brands are links to user-generated content
Years to Reach 50 millions Users: Radio (38 Years), TV
(13 Years), Internet (4 Years), iPod (3 Years)
Facebook added 100 million users in
less than 9 months
iPhone applications hit 1 billion in 9 months.
.
There are over
250,000,000 Blogs
Social adoption moves past all tipping points
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Traditional CRM failed to engage customers and win over trust
11
CRM initiatives focused more on management of customers and less on relationships
Processes and systems failed to mine the rich interaction history
Solutions addressed the managers requirements but not the front line workers
Business analytics lacked actionable insight
Customers moved on and took matters into their own hands
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Beyond Social Business
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
91% consider customer service
important in deciding to do
business
48% report always or often using an online posting or blog to get other’s opinions about a company’s
customer service reputation
21% believe companies take their business for granted
59% will readily speak poorly about a
bad customer experience
.
70% of consumers expect an
apology for bad service
13
Customers have taken matters into their own hands
Source: American Express Global Customer Service Barometer April 13th – April 20th, 2010
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA 14
Five macro pillars for the decade
Mobile Social Cloud
Analyticsand
GameTheory
Video and Unified Comms
Design Thinking Inspired User Experience
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA 15
P2P Traits Today’s Business P2P BusinessesRelationships w/
stakeholdersAutocratic Partner models
Communication style One-way, dictatorial Engaging, influencing,
Analytics Nascent and unreliable due to poor data quality
High fidelity for use in crafting customer experiences
Customer experience Experimental and inconsistent
Personalized and tailored based on patterns and interaction histories
Location Based Services
Spotty in collection Rich in providing layers of information
Mobility Modest adoption Primary interface
Collaboration Nice to have Required for success
Organizations will move beyond social to P2P to create tailored customer experiences
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Translating data to deliver information and insight16
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
B2B Call Out
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Monitoring
Mapping
Management
Middleware
Measurement
Start B2B marketing with the 5Ms
18
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Provide listening capabilities to filter out noise from the social sphere. Encapsulate both metrics and measurement. Extract insights making measurement more effective.
Brand monitoring software that monitors and scrapes the social web, has team-based workflows and connects to existing CRM databases.
Use tightly scoped keywords to define the search parameters. Yet don't go too tight or you miss key opportunities – going too wide results in too much noise.
Monitoring
19
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Mapping solutions identify relationships. Due to lack of single identity, companies must link social profiles to customer records to provide a holistic experience.
First, find existing public profiles to match, like LinkedIn and Google profiles. Additional database fields must be created that match customer records to social profiles.
The trick is to get them to map their profiles for you. Entice them with rewards, better service, and special deals in an opt-in manner.
Mapping
20
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Without a purpose, social data is unactionable. Business rules and processes are needed to triage the right information to the right teams in real-time.
Tie back the social world and channels to existing innovation, marketing, sales, support and service processes. Triage profiles to create prioritization frameworks.
Companies must develop a crises plan for worst possible scenarios and conduct internal fire drills. Expect the worst to happen on Friday afternoons.
Management
21
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Middleware technologies glue the social world to the enterprise. Data must seamlessly flow between systems, and advanced dashboards that provide intelligence.
Apply technologies such as complex event processing, business process management, business rules, workflows, data integration, and process orchestration among disparate systems.
Develop business rules based on your unique processes. Include workflows, complex event processing, and enablement technologies to respond.
Middleware
22
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
What you can’t measure you can’t improve, therefore organizations must be able to benchmark what’s been done.
Advanced dashboards that provide intelligence. Measure based on business objective like improved satisfaction, spread of message.
Rely on data to provide benchmarks, trending, prediction, and sentiment. Bring the insight into actionable state.
Measurement
23
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Marketing Sales Service & Support Innovation Collaboration
CustomerExperience
2. Social Marketing
Insights
3. Rapid Social Marketing Response
4. Social Campaign Tracking
1. Social Customer Insights: The 5M’s
5. Social Event Management
6. Social Sales Insights
7. Rapid Social Sales Response
8. Proactive Social Lead Generation
9. Social Support Insights
10. Rapid Social Response
11. Peer-to-Peer Unpaid
Armies
12. Innovations Insights
13.Crowdsourced
R&D
14. Collaboration
Insights
15. Enterprise Collaboration
17. Seamless Customer
Experience
18. VIP Experience
16. ExtendedCollaboration
© 2010 Altimeter Group Attribution-Noncommercial-Share Alike 3.0 United States
The 18 Use Cases of Social CRM
24
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
How B2B works a bit differently
25
Start With 5M’s and Build Off Of Support F1: Monitor to see if your targets are using social tools S2 – S3: Start w/ support for both PR and C-Sat drivers I1 – I2: Leverage support communities for innovation C1 – C3: Leverage support communities for collaboration
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Next Steps
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Bottom line – efforts must increase business value while reducing technology costs
27
Cost of Technology Delivery
Bu
sin
ess
Imp
act
> 5% 2.5- 5% 0 -2.5% <1%
Dept.
Enterprise
Value Chain
Percentage of Revenue
Com
plex
ity o
f R
equi
rem
ents
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Questions And Answers
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA 29
Thank you
R “Ray” Wang
+1. 650.918.6619
Twitter: @rwang0
http://
blog.softwareinsider.org
www.ConstellationRG.com
BtB 2.0
Todd F. ForsytheVP Global Campaigns
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Consumerization of Business
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Consumerization of Business
Social
Mobile
CloudBased
IS IN THE CLOUD
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
EvangelismCustomer Experience
Connected CommunitiesTurn Consumers into Producers
Two Areas To Explore…
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Customers are People – Even in B2B
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
What Does It Mean for Business?
Creates Evangelism
Creates Commitment
Creates Satisfaction
Meets Unrecognized Needs
Meets Desires
Meets Expectations
Source: Peak by Chip Conley, CEO of Joie de Vivre Hotels
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
One Job?
Chief Marketing Officer
“How Do I Build A Brand That People Want to Talk About?”
VP, Customer Service
“How Do I Delight Customers So We
Maintain a Healthy Brand?
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Search
58M+ users
It’s Never Been Easier To Share Your Experiences…
Search
150M+ users
36M+ users Several Hundred Millionqueries each day
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Consumers Now Control Your Brand
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
• Comcast Service Engineer falls asleep on the job
• Angry customer films it and posts to YouTube
• Clip receives over 1.3million views!
• Other dissatisfied customers add negative comments
Customers Are Shaping Your Brand
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
From “Rant to Rave” in 24 Hours
• CBA rant posted on Twitter
• Bank replies within two hours
• Problem resolved by 3pm the next day
• Story features on news websites and major newspapers
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Companies Invested Here:Contact Center
Customer Service Is A World Away From The Conversations
Contact Centers
But Their Customers are Here:
Discussion Groups Partner Websites
Social Communities
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
How do I fix this product? Search
Today’s Customers Look to the Cloud for Experts
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
1980’s:
Call CenterToday:
The Cloud1990’s: Contact Center
EmailChatPhone
More Channels More ConnectedMore Experts
“By 2012, 65% of support conversations will happen in the cloud.”
Is Your Customer Experience Evolving?
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Is Your Marketing Evolving?Is Your Marketing Evolving?
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Mary Meeker Report
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Mary Meeker Report
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Grow Your Own Community
10,335 ideas230,233 votes
23,501 comments400 ideas delivered
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
Unleash Your Own Evangelists
Events
Social Networks
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
© 2010 Constellation Research, Inc. All rights reserved. Client Confidential – Under NDA
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