convincing the cfo that social media adds value

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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

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Page 1: Convincing the CFO that Social Media Adds Value

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

Page 2: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 2 #csmb2b @sarahgoodall

The CFO View Of The Social World

Shareholder Value - Margin - Profit - Brand - ROI

Page 3: Convincing the CFO that Social Media Adds Value

© 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”

Page 4: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 4 #csmb2b @sarahgoodall

My Background

Page 5: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 5 #csmb2b @sarahgoodall

About SAP We Help Organisations Do What They Do...Better

Page 6: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 6 #csmb2b @sarahgoodall

Social Media Is Central To The B2B Decision Journey

Page 7: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 7 #csmb2b @sarahgoodall

Page 8: Convincing the CFO that Social Media Adds Value

© 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

Page 9: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 9 #csmb2b @sarahgoodall

Cost Per Lead A Driving Factor

Page 10: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 10 #csmb2b @sarahgoodall

Social Strategy At SAP

Page 11: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 11 #csmb2b @sarahgoodall

SAP Social Communities

Host

Orchestrate

Participate

Page 12: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 12 #csmb2b @sarahgoodall

The SAP Community Network

Page 13: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 13 #csmb2b @sarahgoodall

Page 14: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 14 #csmb2b @sarahgoodall

Social Innovation

Page 15: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 15 #csmb2b @sarahgoodall

The ROI Pyramid

Page 16: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 16 #csmb2b @sarahgoodall

SAP Social Strategy

Page 17: Convincing the CFO that Social Media Adds Value

© 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

Page 18: Convincing the CFO that Social Media Adds Value

© 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

Page 19: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 19 #csmb2b @sarahgoodall

Social Commerce

Chance Engagements

Page 20: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 20 #csmb2b @sarahgoodall

Social Intelligence

Refining Digital Content For Best Results

Page 21: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 21 #csmb2b @sarahgoodall

Social Insight

Brand Health

Competitor Social Analysis Potential

cost brand

crisis

Page 22: Convincing the CFO that Social Media Adds Value

© 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

Page 23: Convincing the CFO that Social Media Adds Value

© 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

Page 24: Convincing the CFO that Social Media Adds Value

© 2012 SAP AG. All rights reserved. 24 #csmb2b @sarahgoodall

Social Efficiency

SAP Mentors #suithugger

Potential cost of

paid media

Page 25: Convincing the CFO that Social Media Adds Value

© 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

Page 26: Convincing the CFO that Social Media Adds Value

Thank You!

Twitter: @sarahgoodall

Blog: www.sarahgoodall.com

LinkedIn: www.linkedin.com/in/sarahgoodall