Summary Session 1, Q:2 – User Value, Social CRM, Accountable Employees….Keep Dreaming?

Posted: April 2nd, 2009 By: Jason Breed

The conversation was still humming from the first question, however needed to move on at that point.

Q2:  Play the “What if” game.  Addressing the above deficiencies, remove all barriers and let the imagination roll.  (For example, what if CRM systems were filled up by buyers not salespeople) Use the “In a perfect world” scenario when plugging in a social media solution. What does that world look like?

@BethHarte peppered in a few “What if” statements to get people thinking, like:

BethHarte@twitter.com (Beth Harte) @mattceni What if they could get product/service information online, from *other* customers, is sales still needed?  #socialmedia
BethHarte@twitter.com (Beth Harte) What if customers wanted to talk to employees, but were stopped by a gatekeeper? #socialmedia
BethHarte@twitter.com (Beth Harte) @ajmunn How could User Generated Value benefit a business scenario? Give us a “what if”  #socialmedia
BethHarte@twitter.com (Beth Harte) @apowerpoint Is it possible to flip the relationships that exist btwn businesses & customers so that customers are in charge? #socialmedia
BethHarte@twitter.com (Beth Harte) What if all employees were  compensated on their level of customer ambassador engagements? Would that work? #socialmedia
BethHarte@twitter.com (Beth Harte) What if we took the concept of “sales” away. How could businesses use social media? (Meaning indirect/relations vs. direct/push)#socialmedia

And it got the wheels turning.

Don_NSI@twitter.com (Don Baker) @BethHarte – excellent point: opt-in to prospect status via SM #socialmedia
BethHarte@twitter.com (Beth Harte) @markkrupinski IdeaStorm is a great example of how customers influence product development. #socialmedia
dariasteigman@twitter.com (Daria Steigman) @apowerpoint Can we use #socialmedia to speed decision making in orgs.? Are there ways we can to harness data, for example?

For Don_NSI’s question, this actually does exist as an integration into company CRM platforms, (ie Social CRM)

Then a relatively new term came up: User Generated Value

Marc_Meyer@twitter.com (Marc Meyer) @ajmunn  #socialmedia love this—->UGV user generated value
ajmunn@twitter.com (Alasdair Munn) @BethHarte UGV deals with intelligent search, tagging permissions, etc #socialmedia
ajmunn@twitter.com (Alasdair Munn) @BethHarte UGV some instances where dialogue not relevant. However tracking & understanding how ppl use yr content is valuable #socialmedia
ajmunn@twitter.com (Alasdair Munn) @BethHarte re: UGV so allwing tagging, bookmarking, profile & permissions based preferences U understand what content they use #socialmedia

Then an interesting dialogue happened around the notion of compensating or rewarding employees for better customer “service”.  My take was, “Do / how do you hold employees accountable for better relationships inside and outside the corporate walls”.  Very Intriguing:

hoovers@twitter.com (Hoovers) RT @BethHarte: What if all employees were compensated on their level of customer ambassador engagements? Would that work? #socialmedia
ajmunn@twitter.com (Alasdair Munn) @BethHarte co deals in niche mkt. no desire by audience to overtly engage. Using underlying tools tells u how they use site #socialmedia
BethHarte@twitter.com (Beth Harte) @Don_NSI How, then do we get businesses to realize that the customers are in charge, not them? #socialmedia
B2BOnlineMktg@twitter.com (B2B Online Marketing) RT @MelisMc: Looking for ROI studies that relate to social marketing and B2B conversion rates. Does anyone know of any? #socialmedia #b2b
MattJMcD@twitter.com (Matt J McDonald) @BethHarte opens things up to gaming the system. and how can you measure that? #socialmedia
sonicric@twitter.com (rick) people treat the sm success as a bit of a competition. companies can exploit that #socialmedia
waxgirl333@twitter.com (waxgirl333) @BethHarte no because it would be too easy to manipulate the customer feedback mechanism #socialmedia
nhamilt@twitter.com (nhamilt) @BethHarte we start by showing them the conversations their customers are already having WITHOUT them #socialmedia
sonicric@twitter.com (rick) @bethharte maybe not compensated but called out / rewarded #socialmedia
jeanniecw@twitter.com (Jeannie Walters) RT @BethHarte: What if all employees were  compensated on their level of customer ambassador engagements? Would that work? #socialmedia
BronnersXmas@twitter.com (Lori Libka) @BethHarte Businesses must commit 2 establishing/building relationships thru SM, not just using as posting/announcement sites. #socialmedia
sonnygill@twitter.com (Sonny Gill) @waxgirl333 Agreed – it leaves too much room for gaming and unauthentic communication for the sake of compensation. #socialmedia
BethHarte@twitter.com (Beth Harte) So, would employees not give up cash (i.e. pay) in lieu of potentially even more cash for doing good by the customer? #socialmedia

A little Gem almost squeezed through when discussing employees ability to drive revenues through social engagement

lisat2@twitter.com (lisat2) One ROI impetus in retail will be 10 minute inventory depletion via crowdsourcing event- that will catch CEO attention #socialmedia

AHH, Yes! The old ROI trick.  Make social account back to either increase in revenues or decrease in costs.  That is a sure-fire way to get management’s attention.  I do know of a few instances of Lisat2′s thought, but through mobile.  When bars, retail stores have patrons opt into text message campaigns to receive special offers.  There are a few examples of product selling out due to a well timed interaction through mobile.

Love to hear your thoughts on this also.  Chime in.

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