16
BUSINESS @ THE SPEED OF SOCIAL Mao Keo VP, Business Development Tracx @Tracx #SugarCon

Business at the Speed of Social

Embed Size (px)

DESCRIPTION

Social media has become essential to today’s business - organizations of all sizes are engaging at higher rates. How do you monitor, manage, and report on these conversations? What can you do with all the data collected? And more importantly, how can you leverage social intelligence to influence and cross-inform multiple levels across the entire enterprise? Social media is no longer simply a marketing channel. Social is now a resource that intelligent organizations are leveraging to make strategic business decisions, inform product direction, build sales leads, enhance customer support, monitor brand health, and talent prospecting.​​

Citation preview

Page 1: Business at the Speed of Social

BUSINESS @ THE SPEED OF SOCIAL

Mao Keo

VP, Business Development

Tracx

@Tracx #SugarCon

Page 2: Business at the Speed of Social

2

Social Evolution

• It’s no longer as simple as a Tweet• Organizations leverage social to:

– Influence strategic business decisions– Inform product direction– Build sales leads– Enhance customer support– Monitor brand health

Page 3: Business at the Speed of Social

3

The Social Enterprise

• Social Media is more than a marketing concern

• Leveraging social data into the enterprise through integrations with current systems and platforms:

– CRM– ERP– Marketing Automation– Business Intelligence

Page 4: Business at the Speed of Social

4

Beyond Your Firewall

Page 5: Business at the Speed of Social

EXAMPLE 1

Supply-Chain Management

Page 6: Business at the Speed of Social

6

Social Insight Brings Greater Revenue

Major brick-and-mortar retailer alters inventory allocation more efficiently through social insights.

Through studying regional social buzz and sentiment around new product launch, the client was able to anticipate greater demand pre-launch by region and efficiently re-allocate inventory levels for greater sales velocity and increased revenue.

Page 7: Business at the Speed of Social

EXAMPLE 2

Personalized Customer Engagement

Page 8: Business at the Speed of Social

8

Capturing the Demand Moment

Department store geo-locates customers in-store for immediate, relevant support and sales

By monitoring their physical major retail outlets, a department store was able to surface customers at the moment when they were most in-market to purchase products and offer them incentives and discounts that were immediately actionable.

Page 9: Business at the Speed of Social

9

The Tweet

Bring together your internal data with external data.

Page 10: Business at the Speed of Social

EXAMPLE 2

Social Customer Care

Page 11: Business at the Speed of Social

11

Placing the Customer First

Page 12: Business at the Speed of Social

12

Superior Service Through Social

Real-time social monitoring produces happier customers when engagement lag is minimized

Consumers engage brands across all channels, by monitoring and managing social outlets (not just owned-media), customer-focused organizations respond quicker and personally to raise customer satisfaction levels.

Your customers expect immediate responses.

Page 13: Business at the Speed of Social

IN CONCLUSION

Page 14: Business at the Speed of Social

14

Beyond Your Firewall

Page 15: Business at the Speed of Social

15

Social is More than Just Marketing

Use the right tool to bring social data into your organization

Leverage Social Data across the enterprise through integration

Raise customer satisfaction levels by engaging your customers in real-time everywhere

Page 16: Business at the Speed of Social

THANK YOU

@Tracx #SugarCon