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Paul Cole, VP BPO, Customer Operations Management Rohit Kapoor, Sr. Director & Principal of SMM of BPO #AttensityWebinar
Social Media Engagement : Acquire to Inspire
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BPO | Social Media Management
© Copyright Capgemini 2011 All Rights Reserved
Trust & Transparency – The New Landscape
The seeds of success in this new connected business world are deeply rooted in the customers’ demand for companies to live by two fundamental values: Transparency and Trust.
What is Transparency? Brands must react, engage and build trust by interacting with their social communities - this means exposing your brand, the good, the bad and even the ugly. (Elyssa Vreeland, Social Media Marketing)
If you make customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the Internet, they can each tell 6,000 friends. -Jeff Bezos, CEO at amazon.com
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BPO | Social Media Management
© Copyright Capgemini 2011 All Rights Reserved
Shift Right
Social Media Impact on the 4 P’s
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BPO | Social Media Management
© Copyright Capgemini 2011 All Rights Reserved
Market Maturity
Most Companies at Level 1-2 Source: Cisco, The Social Customer
Early Adopters like – Starbucks, Comcast, Best Buy, Dell among others.
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BPO | Social Media Management
© Copyright Capgemini 2011 All Rights Reserved
Social Media – The Business Case Beyond Listening & Monitoring
Customers who engage with companies over social media are more loyal and they spend more.
• They form a strong emotional bond with the company, 33% higher NPS.
(Bain & Co. customer service report)
• User generated comments and content drives other customer behavior and buying preferences.
(IDC – Social Media Insights)
• 71% of consumers will let a positive comment influence their buying decision.
(Capgemini – Cars Online report)
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BPO | Social Media Management
© Copyright Capgemini 2011 All Rights Reserved
New-Old Frontiers
Attract & Acquire
Develop Satisfy
Retain
Excite & Inspire
Convert Neutral perceptions into positive outcomes
Identify issues and provide resolution
Proactive resolutions published Reward SM engagement
Promote Dialogue leverage brand advocacy across the community.
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BPO | Social Media Management
November 2011 © Copyright Capgemini 2011 All Rights Reserved
The New Metrics
Key Social Media Indicators Range Observed Average
Sentiment
Positive 20%-60% 28%
Negative 10%-30% 14%
Neutral 20%-80% 35%
Amplification
Reach –Extended Audience 5k-200M 50k
Impact – Audience Influenced 1k-200M 20k
Klout – Measure of social capital
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BPO | Social Media Management
© Copyright Capgemini 2011 All Rights Reserved
Key Steps to Engaging
Strategy
People
Process
Technology
Ready – Fire – Aim
Etiquette – Degree of Specialization Legal/Compliance
Map Use Cases – Engagement workflow
Multi Tool Platform – Integration
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BPO | Social Media Management
© Copyright Capgemini 2011 All Rights Reserved
Develop – Response Model
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BPO | Social Media Management
November 2011 © Copyright Capgemini 2011 All Rights Reserved
Financial services – Under Banked Cards, Q, X, Y & Z
Objective
• Are there any conversations about our products in Social Media?
• What are these conversations about?
• Who are the people talking about us?
• What can we do to address them?
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BPO | Social Media Management
November 2011 © Copyright Capgemini 2011 All Rights Reserved
Twitter, Facebook,
Blogs, YouTube,
etc.
Filter out the Noise
Respond to
Customer
Scenario-based Priorities and
Response Selection
Client SME
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2 4 5
1. Collect Data/Conversations 2. Filter out Noise 3. Identify types of conversation 4. Build scenario based response model 5. Implement model 6. Continuous improvement cycle for responses with SMEs.
Social Media Respond
High Level Process
Identify and Classify
Conversations
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BPO | Social Media Management
November 2011 © Copyright Capgemini 2011 All Rights Reserved
Data and Noise Overload
Introducing new Elements to the Mixture of Customer Communication
"I had purchased a gift card and the recipient never
received it"
"The kids tried to use their cards and had them
rejected"
“Unfortunately none of the cards that I shipped arrived
on time.”
“Just the best service at Card Q”
“The X card customer service is so rude"
“Card Y doesn't provide shipping info online so
there's no way to track it."
Ore. wind farms seek end to springtime shutdowns: The wind companies want Bonneville to Z card
Do we Z card and electricity? This is what I deal with daily!
“It was an issue of Q, of the cartridge”
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BPO | Social Media Management
November 2011 © Copyright Capgemini 2011 All Rights Reserved
Capture & Filter out the Noise
Never buy a visa giftcard from X they steal 6 dollars off your balance a month what a joke #unethical #stealing
why cant X be used for legal online gambling? smh. misleading, it does say it can be used online!
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Ore. wind farms seek end to springtime shutdowns: The wind companies want Bonneville to X power generators out... http://bit.ly/kJmleW
Do we X power and electricity? ~Sarah Hitchcock This is what I deal with daily!
Nu
mb
er o
f po
sts
00
0s
With a “tools only” approach, volume averaged at 284 daily posts, but after our filtration process the average came down to 24 per day of highly relevant conversations.
Brand X Card Brand X Card
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BPO | Social Media Management
November 2011 © Copyright Capgemini 2011 All Rights Reserved
Create Social Identity by Product
Establish social media identities for each individual product This is key to the success of the program as it allows the customer to create a personal relationship with the product , rather than the corporate brand.
Brand Q Card
Brand X Card
Brand Y Card
Brand Y Card
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BPO | Social Media Management
November 2011 © Copyright Capgemini 2011 All Rights Reserved
Decision Tree
Who is posting?
Posts
What is their sentiment?
Current Customers
Positive Negative
No Engagement Required
Products Customer
Service
Neutral
Products Customer
Service Products
Customer Service
SM Agent Engages Process Flow
57 Types of conversations.
5 Levels of Decision Tree
9 Types classified as Severity one.
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BPO | Social Media Management
November 2011 © Copyright Capgemini 2011 All Rights Reserved
Convert Data Overload to Actionable Insights
Negative
Products Customer
Service
Acquired Product
"I had purchased a gift card and the recipient
never received it"
Product Use
"The kids tried to use their cards and had them
rejected"
Delivery
“Unfortunately none of the cards that I shipped
arrived on time.”
Provided Solution
"I have faxed a complaint and they never
responded"
Quality of Service
"Their customer service is so rude"
Channel Orientation
“Card Y doesn't provide shipping info online so there's no way to track
it."
Positive
Customer Service
Provided Solution
“Thanks, that fix worked, glad to refill my card"
Quality of Service
“Just the best service at card Q”
"I had purchased a gift card and the recipient never
received it"
"The kids tried to use their cards and had them
rejected"
“Unfortunately none of the cards that I shipped arrived
on time.”
“ “Just the best service at card
Q”
“The X card customer service is so rude"
“Card Y doesn't provide shipping info online so
there's no way to track it."
Ore. wind farms seek end to springtime shutdowns: The wind companies want Bonneville to Z card
Do we Z card and electricity? ~Sarah Hitchcock This is what I deal with daily!
“It was an issue of Q, of the cartridge”
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BPO | Social Media Management
November 2011 © Copyright Capgemini 2011 All Rights Reserved
Social 911 Severity 1 workflow
*Paul from Cleveland, Brand Q customer – “Q charge card declined, this is disastrous…. Need to buy the gift today”
The comment is picked up by the SM Command Center based on
predefined search criteria
Command Center researches CRM for Customer information.
CC picks up the phone and calls for immediate resolution if issue is critical.
Speaks with Paul and identifies issue with charge card and resolves problem.
CC Informs quality of the issue as part of its daily update and adds to its weekly/monthly analysis.
Social Media Advocate follows up with Paul to ensure satisfaction.
Responds to Tweet with the resolution carried out, thereby closing the loop.
*Note: Actual case, not real customer name
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BPO | Social Media Management
November 2011 © Copyright Capgemini 2011 All Rights Reserved
Outcomes
• There are a significant number of conversations taking place, growing at a rapid 22% month over month.
• 70% of their conversations revolve around Product queries and transaction issues
• 15%-20% of these conversations were negative in nature, with a potential to significantly impact the brand.
• 100% engagement of all product related and customer service related issues.
• Identified key influencers in unknown or new market segments that could generate new revenue streams.
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BPO | Social Media Management
© Copyright Capgemini 2011 All Rights Reserved
Infrastructure Global Footprint Low-Cost centers Mutualized & multi-skilled
centers Industrialized Processes
People
A layer of human intelligence is key to the discovery of actionable insights
Strong bench strength of trained social media advocates
Capabilities in 18 Languages
Technology
Best-in-Class Toolset Technology Agnostic Constant evaluation of tools &
emerging SM platforms
Capgemini’s Social Media Management Services
OUTCOME A MORE ENGAGED, INSPIRED & LOYAL CUSTOMER BASE
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BPO | Social Media Management
© Copyright Capgemini 2011 All Rights Reserved The information contained in this presentation is proprietary. ©2011 Capgemini. All rights reserved
Joy Seletsky +1.917.213.2025 [email protected]
Rohit Kapoor +1.512.586.5093 [email protected] Contact Attensity
•www.attensity.com •Toll Free: (800) 721-0560 •Email: [email protected] •Follow us on Twitter: @Attensity •http://twitter.com/attensity