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Loyalty and Social CRM Symantec Social CRM 1 Tristan Bishop, Director of Digital Strategy

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Page 1: Nps 13 loyalty_and_social_crm_at_symantec

Loyalty and Social CRM

Symantec Social CRM 1

Tristan Bishop, Director of Digital Strategy

Page 2: Nps 13 loyalty_and_social_crm_at_symantec

Symantec Social CRM 2

20,500 employees Founded in 1982

48 countries $6.7 billion revenue in FY 2012

1500 global patentsFootprint on a billion systems

Fortune’s Most Admired Companies

Every Fortune 500 company

is a customer

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Overview

Symantec Social CRM 3

Connecting Social Media to Growth1

Adopting Social CRM2

Closing the Social Loop3

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4Symantec Social CRM

Connecting Social Media to Growth

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• Social Network use increasing in every age group

• 60% of social network users follow brands

• 40% of the Fortune Global 100 use Twitter for customer service

Social Adoption is Rising

Symantec Social CRM 5

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Social Media in 2013

1. Social networking is now the most popular online activity

2. 62% of adults worldwide now use social media

3. 80% of US social network users prefer to connect with brands through Facebook

4. 40% of Twitter users regularly search for products in Twitter

5. Social commerce sales will total $9 billion in 2012

Source: http://thesocialskinny.com/99-new-social-media-stats-for-2012/

Symantec Social CRM 6

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Loyalty Enables Growth Customer Loyalty correlates to Compound Annual Growth Rate

(CAGR)

Symantec Social CRM 7

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Experience Enables Loyalty

• Calculated “Lifetime Customer Value“ at $12,500 per cyclist

• Gave free parts and service to distressed “drop-ins” on family rides

• Won 400 brand advocates in first year • Sixty dollar parts investment protected

five million dollar value stream

Symantec Social CRM 8

Consideration Creates Commitment

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Awareness Enables Experience

• Drivers have mobile access to CRM and NPS data for EVERY repeat customer

• They know exactly who they are serving

• Awareness helps provide superior experience

Symantec Social CRM 9

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Social Increases Awareness

• “Your customers ARE discussing your brand on social channels! “

• “The conversation IS happening, whether brands care to participate or not!”

Deb Eastman, Satmetrix

Symantec Social CRM 10

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Symantec Social CRM 11

Adopting Social CRM

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Customers Control the Conversation

Symantec Social CRM 12

What Should We Do?

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Adopted a formal Social CRM program

1. Integrates customer social activity with corporate knowledge

2. Fosters engagement with partners, prospects and customers

3. Generates opportunities for multiple business functions (sales, support, marketing, PR, engineering, legal)

Symantec Social CRM 13

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Actionable Internet Mentions™ (AIMs)

1. An off-brand mention of a Symantec product that requires analysis or engagement

2. Posted on a publicly visible social network, blog or forum

3. Posted by someone who is not a Symantec employee

4. Assigned to the Symantec employee best equipped to engage

Symantec Social CRM 14

AIM ™ is a term created and trademarked by Symantec

AIMs

All Mentions

Noise = all internet mentions that are not relevant or actionable

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Studied Incoming Social Media Posts1. Case: Request for help

resolving real-time issue2. Query: Question that doesn’t

require support resource3. Rant: Insult that merits brand

management consideration4. Rave: Praise from Symantec

brand advocate5. Lead: Pronouncement of near-

term purchase decision6. RFE: Request to enhance a

product with a new feature7. Fraud: Communication from

an unauthorized provider of Symantec products

Symantec Social CRM 15

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Created AIM Classification Process

Requests Help?

Yes

Problem WITH Product Case

Question ABOUT Product Query

No

Suggests Improvements RFE

Switching Vendors Lead

Exposes Piracy Fraud

General Mention

Happy Rave

Unhappy Rant

Symantec Social CRM 16

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Symantec Social CRM 17

Closing the Social Loop

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Staffed a Global Triage Team

Symantec Social CRM 18

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Prepared Social Responders

• Approved by BU leaders • Experienced (often senior)

employees• Many Directors and Sr.

Managers

Symantec Social CRM 19

• Complete the training on Symantec Social Media University

Endorsed by Senior Leaders Trained by Corporate PR

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Social Media Monitoring

Tool

Symantec Social CRM20

Blogs

Message boards

Product 1

Product 2

Product 3

Rant

Rave

Lead

RFE

Fraud

SymantecEmployee

Response

Began Triage Process

Query

Case

Social Triage Team

Review

20

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Gradually Added ProductsDesign Launch

Backup Exec July 2011 October 2011

Endpoint Protection July 2011 October 2011

Net Backup August 2011 October 2011

Endpoint Mobility October 2011 November 2011

Enterprise Vault November 2011 December 2011

Website Security January 2012 February 2012

Encryption February 2012 March 2012

Norton Core March 2012 May 2012

Storage Management September 2012 October 2012

Norton Zone December 2012 January 2013

Norton Emerging January 2013 February 2013

Symantec Social CRM 21

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Volume: AIMs™ by Class, FY Q4 2012

Shared Engineering Services 22

Consumer = 10,437 AIMs

RFE

Query

Lead

Fraud

Case

Rant

Rave

0 500 1000 1500 2000 2500 3000 3500 4000 4500

41

271

563

1342

1505

2572

4143

CPG AIM Volume

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CY13: EMEA SCRM

1. Train SES staff who can read in Spanish, Portuguese, French and German

2. Train Symantec escalation contacts who are fluent in these languages

3. Create global SCRM triage process for European languages

Shared Engineering Services 23

Next Steps

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CY13: APJ SCRM

1. Train SES staff who can read in Chinese and Japanese

2. Train Symantec escalation contacts who are fluent in these languages

3. Create global SCRM triage process for Asian languages

Shared Engineering Services 24

Next Steps

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25

Symantec Social CRM

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Thank you!

Copyright © 2010 Symantec Corporation. All rights reserved. Symantec and the Symantec Logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.

This document is provided for informational purposes only and is not intended as advertising. All warranties relating to the information in this document, either express or implied, are disclaimed to the maximum extent allowed by law. The information in this document is subject to change without notice.

Thank you!

Symantec Social CRM 26

Tristan BishopTwitter: @KnowledgeBishop