b2b communities: seven best practices thate boost … · b2b communities: 7 best practices that...
TRANSCRIPT
B2B Communities: 7 Best Practices that
Boost Engagement for the Ultimate
Customer Experience
If you’re not focused on driving retention via your B2B community, you may be wasting your
budget. Why? Because while communities are amazing at driving engagement, fostering
loyalty, crowdsourcing innovation, and improving customer service―their greatest value to
your organization lies in their ability to help retain customers.
Retained customers are where the biggest portion of your future revenue will most likely
come from. Why?
In the B2B world, sales cycles can be long, and churn is a continual challenge that costs you
revenue. A focus on retaining existing customers helps you reduce costs and realize faster
ROI. According to Marketing Metrics, the probability of selling to an existing customer is
60-70%; whereas the prospect of selling to a new customer is 5-20%. Not only is it easier to
sell to existing customers, it costs far less to do so. Acquiring a new customer is 6-7 times
more costly than keeping an existing one, reports Bain & Company.
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"Earning customer loyalty is very important to B2B marketers. After all, loyalty translates
directly into referrals and new cross-sell/upsell opportunities,” says Forrester Research¹.
As a B2B marketer, how do you move beyond just providing support and focus on creating
great customer experiences at every touchpoint? One of the most successful ways is through
your community.
As you know, B2B customers are independent; they want to be able to find the solutions
they need without calling a customer care support line. Your community is the place where
you can help them self-serve on training, education, troubleshooting, or crowdsourcing and
you can interact with them to keep your relationship alive during the service period. We
found some outstanding B2B communities that are using innovative methods to drive this
kind of engagement in their community.
Here are the top 7 ways these B2B communities stand out from the crowd and how you can
follow their lead:
1. Be proactive.
Autodesk, one of the world leaders in 3D design, engineering and entertainment
software, delivers on customers’ needs for knowledge before they ask. The
company drives customer loyalty and product affinity through a strategy that
includes activations on Facebook, nearly 200,000 followers on Twitter, more than
40 million views on YouTube and a branded community that has seen its unique
visitors grow by 34% in the last year. Customers find their “How do I?” questions
already answered in the community and have access to a wide-range of “experts”
to solve issues and learn.
2. Focus on ideas and feedback.
Aruba, a Hewlett Packard Enterprise company, is a networking vendor selling
enterprise wireless LAN and edge access networking equipment. Their “Airhead”
community has an Idea Exchange where they invite people to provide ideas, give
their opinion on technical enhancements and provide feedback. This engages their
customers in a vital way that helps shape the future of Aruba’s solutions to better
meet their customers’ needs.
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3. Communicate and share.
Autodesk also uses their community, social networks and other channels to
provide webinars that offer customers another way to learn about and experience
the company’s products. Similarly, Google AdWords uses webinars and videos to
educate their customers on the product and all its features. This engages their
customers through the community to gain deeper understanding and share
information about their products.
Educate and train.
Google AdWords’ Google Partners Academy is a customer education program
targeting Google Partners (certified AdWords agencies and certified marketing
professionals). The program consists of a series of Hangouts: On Air, where
Google specialists guide users through a range of product-related and online
marketing-related topics. This creates a strong educational offering to help users
become empowered and confident in using the product.
Centrify is a company that provides unified identity management across cloud,
mobile and data center environments with single sign-on services. By creating in-
depth community-generated how-to articles they have been able to provide free
support for their free products and built a strong community of volunteer
engineers around the world who contribute to the evolution and training on how
to use their products.
Upsell/cross-sell.
B2B communities are great for engaging other teams or departments for the
purpose of building awareness, upselling and cross-selling. SuccessFactors, an
SAP company, provides workforce management software designed to support the
employee lifecycle, from recruit to retire. They have used their community to
create a campaign that targets selling their cloud-based HR solution to their on
premise HR function within SAP. Their “Welcome to the Cloud" marketing
campaign invited their SAP HR family to join the community and learn more about
the advantages of cloud-based technology. They’ve seen an uptake in community
membership and anticipate increased revenue as a result.
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Celebrate your members.
Your customers appreciate feeling valued. Use your community to find ways to
celebrate them. Webroot is a market leader in cloud-based, real-time internet
threat detection for consumers, businesses and enterprises. They set up a
program called the Webroot VIP Program that recognizes and rewards the most
active, influential members via a ranking system based on a combination of posts,
kudos, accepted solutions and other factors. The rewards are a mix of moderator
abilities and gifts, and are based on members’ feedback on what would be most
valuable to them. Gamification is a great way to do this.
Remember milestones.
Optimizely is the world's leading experience optimization platform, providing A/B
testing, targeting and multichannel optimization for websites and mobile apps.
When their one year anniversary of their community, Optiverse, came up, they
decided to focus on the humans behind their members’ online presence and ran a
week-long campaign that celebrated their members. By bringing people together
to celebrate an anniversary, they inspired engagement by taking a human
approach to connection and belonging. At Lithium, we recently celebrated
7 years of the Lithium Community.
These are just a few of the ways B2B communities are getting creative in driving
engagement and focusing on retaining customers through great and perpetual customer
experiences.
For more information, please visit: http://community.lithium.com