convincing the cfo that social media adds value
TRANSCRIPT
Convincing The CFO That B2B Social Media Can Be A
Profit Center Generator Rather Than A Cost Drain
Sarah Goodall
Head of Social Media, EMEA #csmb2b @sarahgoodall
© 2012 SAP AG. All rights reserved. 2 #csmb2b @sarahgoodall
The CFO View Of The Social World
Shareholder Value - Margin - Profit - Brand - ROI
© 2012 SAP AG. All rights reserved. 3 #csmb2b @sarahgoodall
A Profit Center
“A section of a
company treated
as a separate
business. Thus
profits or losses
for a profit center
are calculated
separately”
© 2012 SAP AG. All rights reserved. 4 #csmb2b @sarahgoodall
My Background
© 2012 SAP AG. All rights reserved. 5 #csmb2b @sarahgoodall
About SAP We Help Organisations Do What They Do...Better
© 2012 SAP AG. All rights reserved. 6 #csmb2b @sarahgoodall
Social Media Is Central To The B2B Decision Journey
© 2012 SAP AG. All rights reserved. 7 #csmb2b @sarahgoodall
© 2012 SAP AG. All rights reserved. 8 #csmb2b @sarahgoodall
Changing Face Of B2B Marketing
Change in
sales Sales engage later
with more informed
customers
Change in
marketing Transition more of our
efforts to inbound
© 2012 SAP AG. All rights reserved. 9 #csmb2b @sarahgoodall
Cost Per Lead A Driving Factor
© 2012 SAP AG. All rights reserved. 10 #csmb2b @sarahgoodall
Social Strategy At SAP
© 2012 SAP AG. All rights reserved. 11 #csmb2b @sarahgoodall
SAP Social Communities
Host
Orchestrate
Participate
© 2012 SAP AG. All rights reserved. 12 #csmb2b @sarahgoodall
The SAP Community Network
© 2012 SAP AG. All rights reserved. 13 #csmb2b @sarahgoodall
© 2012 SAP AG. All rights reserved. 14 #csmb2b @sarahgoodall
Social Innovation
© 2012 SAP AG. All rights reserved. 15 #csmb2b @sarahgoodall
The ROI Pyramid
© 2012 SAP AG. All rights reserved. 16 #csmb2b @sarahgoodall
SAP Social Strategy
© 2012 SAP AG. All rights reserved. 17 #csmb2b @sarahgoodall
Social Innovation
Voting
10,136 Ideas
508 Under Review
265 Delivered
Ideas
7,771 Comments
45,140 Votes
Potential cost of
R&D saved
© 2012 SAP AG. All rights reserved. 18 #csmb2b @sarahgoodall
Social Commerce
Automated Tracking Of Social Influence On Revenue
SAPPHIRE NOW 2012
40,200 Tweets, Facebook Posts YouTube Videos and Blogs related to SAPPHIRE NOW have been
published
SAP: 27% Non-SAP
employees: 73% Channel Registrations
Facebook 122
Twitter 38
Ambassadors 22
YouTube 5
LinkedIn Ads 5
LinkedIn Updates 4
Revenue Influenced
© 2012 SAP AG. All rights reserved. 19 #csmb2b @sarahgoodall
Social Commerce
Chance Engagements
© 2012 SAP AG. All rights reserved. 20 #csmb2b @sarahgoodall
Social Intelligence
Refining Digital Content For Best Results
© 2012 SAP AG. All rights reserved. 21 #csmb2b @sarahgoodall
Social Insight
Brand Health
Competitor Social Analysis Potential
cost brand
crisis
© 2012 SAP AG. All rights reserved. 22 #csmb2b @sarahgoodall
Social Insight
SAPPHIRE NOW Customer Profiling
15% of Attendees Twitter
Handles were identified
25% followed @SAPPHIRENOW
Built a profile around key
attendees
Potential cost of
sales time
© 2012 SAP AG. All rights reserved. 23 #csmb2b @sarahgoodall
Social Efficiency
Cost of Support
Download & Curriculum
1 %
Networking 17 %
Other 2 %
ProdDocs 8 %
Professional & Reputation
8 %
Troubleshoot 35 %
Tutorials 29 %
Why People Join The SAP Community Network
Potential
cost of
support
enquiries
© 2012 SAP AG. All rights reserved. 24 #csmb2b @sarahgoodall
Social Efficiency
SAP Mentors #suithugger
Potential cost of
paid media
© 2012 SAP AG. All rights reserved. 25 #csmb2b @sarahgoodall
Recap
Three levels of metrics & use the right one for the
right audience: • Business Metrics
• Social Media Analytics
• Engagement Data
Measure Social Media value against an activity: • Innovation
• Efficiency
• Commerce
• Intelligence
• Insight
Thank You!
Twitter: @sarahgoodall
Blog: www.sarahgoodall.com
LinkedIn: www.linkedin.com/in/sarahgoodall