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Social Capital SXSWi March 14, 2010 Richard Margetic Director, Director Global Social Media October 6, 2010

Social Capital: The Value of the Social Network - SXSWi 2011

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Business social capital measurement and impact from Dell's point of view as delivered by Richard Margetic, Dell's Director of Global Social Media

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Page 1: Social Capital: The Value of the Social Network - SXSWi 2011

Social Capital

SXSWi March 14, 2010

Richard Margetic

Director, Director Global Social Media

October 6, 2010

Page 2: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Progress

Page 3: Social Capital: The Value of the Social Network - SXSWi 2011

New technology forces change

Page 4: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Social Capital:Individual

Page 5: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Social Graph

Interest Graph

Advocate

Detractor

Fortune 50 CEOs

Page 6: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Social Capital:Company

Page 7: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

SocialAcrossDomains

7 Confidential

Company.com

External Communities Owned Communities

Page 8: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing8

Social Presence Map

Page 9: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Credibility

• Company’s Credibility = Social Trustworthiness

Page 10: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Reputation

• Company’s Reputation= Social Evaluation

Page 11: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Social Capital and Business Impact

Page 12: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Product Group

Marketing

Services Solutions

Online

Sales

CustomerService

CommsPR & HR

QUALITY

DEMAND

CREDIBILITY

CONVERSION

CLOSE RATE

RESOLUTION

REPUTATION

Ideation 5 Star Reviews Staff Reviews Expertise Early Warning Field Incidents

Awareness Message Reach Product Buzz Trusted Expertise Demand Leads

Awareness Message Reach Thought Leadership Blogs Customer Stories

Rating & Reviews Sharing Syndication Community Answers Co-Browsing

Blogs Thought Leadership Customer Stories Co-Browsing Collaboration

Listening Outreach Support Widgets Command Center @DellCares Advocacy

Influencers Blogs Rich Media Outreach Thought Leadership Corporate Reputation

Social Impact Across the Company

Page 13: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Ripple Management

Page 14: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Social MediaListening Command Center

Page 15: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Dell Conversations and Reach

• Average daily twitter reach > daily circulation for the top 12 US daily news papers combined, including

WSJ, NYT, USA Today. LA Times, Washington Post..

Page 16: Social Capital: The Value of the Social Network - SXSWi 2011

Measuring Social Capital

Page 17: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Social Capital and Marketing

Page 18: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Social changes the playing field

Page 19: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing19

Experts will become our best Marketers (inside & out)

Page 20: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

Before and After Social

Before Social After Social

Branded presence Personal/professional connectedness

Short term relationships Long term relationships

Immediate conversion Full customer life cycle

Broadcast Marketing Conversational Marketing

Limited metrics Broad metrics across the lifecycle

One funnel Multiple funnels around the web

Companies must invest in building social capital and connect with individual’s social capital

Page 21: Social Capital: The Value of the Social Network - SXSWi 2011

Global Marketing

the change is accelerating