social media presentation 120330

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Jeff Carruthers Managing Director Resonate Solutions Twitter: @resonateAU Social Media Monitoring & ROI Forum - “Don’t let the tail wag the dog”

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Page 1: Social media presentation 120330

Jeff Carruthers

Managing Director

Resonate SolutionsTwitter: @resonateAU

Social Media Monitoring & ROI Forum- “Don’t let the tail wag the dog”

Page 2: Social media presentation 120330

Social media monitoring & ROI:

Don’t let the tail wag the dog…

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Social media monitoring has failed…?

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A larger more evolutionary picture…

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Socially integrated customer data…

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Socially integrated customer process…

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Customer feedback explosion…

Closed Loop Feedback

Voice of the Customer

Customer Insight & Action

Net Promoter Score (Relationship/Transactional)

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Key ingredient #1: Identity

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Key ingredient #2: Standard Metrics

How likely are you to recommend brand x to your friends and colleagues?

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Key ingredient #3: Insights from text

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Comments in context…

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Insight & action cycle… now with social media

Listen

Act

Discover

Improve

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What does this mean for social media monitoring?

From known customers to unknown consumers:

Topic/theme/driver alignment or gap

Sentiment/disposition (eg. Inferred NPS)

Social media velocity (topic/individuals/social graph, segments)

One customer view – where identified

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Key challenge: The quest for identity

Ask via social media!

Ask during a service query

Social media initiated surveys

Competitions & games

Loyalty program updates

Online communities

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Dog firmly in control of tail…

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Jeff [email protected]: 0414 556 244www.resonatesolutions.com.au