building a business case for content initatives

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Building a B USINESS C ASE for C ONTENT I NITIATIVES by Jack M OLISANI

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Building a Business Case for Content Development Initiatives - Content Strategy

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Page 1: Building a business case for content initatives

Building a

BUSINESS CASE

for CONTENT INITIATIVES by

Jack MOLISANI

Page 2: Building a business case for content initatives

President, ProSpring Technical Staffing Exec Dir, The LavaCon Conference @JackMolisani

Page 3: Building a business case for content initatives

Recorded Before

a Live

Studio Audience

Ground Rules and other

Warnings

Page 4: Building a business case for content initatives

To build a business case for content initiatives, including optimization for

mobile devices

Page 5: Building a business case for content initatives

Let’s start with some

BUSINESS CONCEPTS

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COMPANIES exist to

Make PROFITS

Page 7: Building a business case for content initatives

To make a PROFIT a company must…

Make MONEY (revenue generation) Spend LESS (cost avoidance)

Page 8: Building a business case for content initatives

Two types of COSTS

DIRECT costs INDIRECT costs

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The more you generate REVENUE

and reduce COSTS

the more PROFIT you make

Page 10: Building a business case for content initatives

So how do we apply that to

CONTENT

projects?

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What is the FASTEST

GROWING platform in

CONTENT consumption?

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Page 13: Building a business case for content initatives

STATS

Globally, mobile data traffic grew 2.3-fold over 2011,

more than DOUBLING for the fourth year in a row

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STATS

In 2011, mobile data traffic

was 8 TIMES the size of the entire global Internet in 2000

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STATS

The number of mobile-connected

devices will exceed the number of people on earth by the end of 2012

Cisco’s “Visual Networking Index (VNI) Global Mobile Data Traffic Forecast Update”

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BUT…

According to Price Waterhouse Coopers’ latest Digital IQ survey,

66% of organizations are investing in mobile technologies for their

employees. But most of these same businesses are reacting to the

Bring Your Own Device (BYOD) phenomenon, are not preparing for it.

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So you can’t

ASSUME management will

just “get it”

and fund your project

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REMEMBER: Management only cares

about two things…

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COST AVOIDANCE

A LIVE-AGENT customer service

interaction costs $12

compared to PENNIES for an online interaction

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A 30% deflection of calls to self-service channels is seen as

successful. It could be closer

to 80% to maximize cost-savings

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CMS Implementation:

Reducing the amount of time spent on formatting should translate into an increase in production, of course, but the 200% increase in our output surpassed all of our expectations.

Keith Schengili-Roberts, Documentation & Localization Manager

AMD

http://www.ixiasoft.com/casestudy/case_study_AMD.pdf

Page 23: Building a business case for content initatives

Another CMS Implementation:

GMAC used the Microsoft CM Server to support two key initiatives: transferring the content publishing function to content authors and freeing up formerly burdened IT resources to support more dynamic and personalized customer-facing Web portals. ROI: 87% Payback: 1.2 years

Nucleus Research, Inc. ROI ANALYSIS YOU CAN TRUST ™

http://nucleusresearch.com/library/microsoft-roi/d96.pdf

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LOST REVENUE

While you ABSOLUTELY should chase cost reduction

potential revenue DWARFS simple cost savings

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LOST REVENUE

Air CARGO Story

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Forget Cost

SAVINGS

Think Content- Generated

REVENUE

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New Product ADOPTION

and SALES A Canadian University study of more than 34,000 customers showed that customers who utilize a company’s Internet-related service innovations were over twice as likely to adopt the company’s new product offering during the first year of introduction

Canadian Journal of Administrative Sciences, 2010

Page 29: Building a business case for content initatives

…but that (IMHO) indicates those

internet offerings must have

been CURRENT

GERMANE

and USABLE

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New Product ADOPTION

and SALES

ROBOHELP Story

INVITROGEN Story

Page 31: Building a business case for content initatives

How can you sell

YOUR content initiatives to Management?

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The NUMBERS are

OUT THERE

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Q&A

Page 34: Building a business case for content initatives

[email protected] @JackMolisani @LavaCon @CulinaryTermDay

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LAVACON

Browse the LavaCon exhibit hall October 8–9, 2012 www.lavacon.org