Showing posts with label VRM. Show all posts
Showing posts with label VRM. Show all posts

Tuesday, May 13, 2008

Socialutions Implementation Strategy: Taking your company from zero to hero on the social web

Many of today’s companies recognize the urgency of converting to a customer-centric, social web-based, operation. The excuses and faulty logic brought on by global prosperity have been replaced by an honest examination of internal operations and external market share. As the various departments search for collaborative ways to maintain profitability in uncertain economic times, we will see more and more arrive at the duh! moment of realization that the customer comes first.

We haven’t exactly reached the Utopia that Adriana Lukas describes:

Imagine having your customers share with you what they like, want and think of you. . . Interaction with them is modular, intuitive and user-driven freeing much of your resources spent on marketing and transaction cost.

. . . nor have we seen more than a few examples of big, giant companies who give more than lip service to the process Doc Searls detailed almost five years ago (and Eve Maler recently simplified for those who love simple graphics).

But there are some unpredicted catalysts on the horizon, and in the spirit of making right decisions, we see that adoption of a Socialutions paradigm is going mainstream.

Our proposal for Socialutions involves problem solving and finding innovative solutions through social exchanges. We are suggesting that organizations can capitalize on the relationships and relationship connections of the people connected to them in some way, whether these connections come from employees, vendors, customers, or wherever. But we maintain that the customer comes first. Not to the point of turning major strategic decisions over to crowdsourcing perhaps, but first nonetheless.

Tom Peters has a rather unique (not a shock if you know Tom Peters) perspective on where to put the customer. He says, “to put the marketplace customer first, I must put the person serving the customer "more first.”Peters (admittedly selfishly) proclaims:

To give a high-impact, well-regarded, occasionally life-changing speech "to customers" I first & second & third have to focus all my restless energy on "satisfying" ... myself. I must be ... physically & emotionally & intellectually agitated & excited & desperate beyond measure ... to communicate & connect & compel & grab by the collar & say my piece about a small number of things, often contentious and not "crowd-pleasers," that, at the moment, are literally a matter of personal ... life and death.

As Jay Deragon noted previously, the drive of tomorrow's successful organizations will be a new method and philosophy proclaiming "We the Peoples are all aimed at Socialutions" that creates perpetual value. We the people are aimed in that direction, but do the companies who serve us (even if we are after their employees) get it yet?

Here are some Socialution suggestions for getting from where you are to where you need to be in a hurry:

1) Make the cluetrain manifesto (especially the 95 Theses) mandatory reading for all your employees

2) Have your company intranet feature a link to Cluetrain @ 10 (a revisiting and revising after ten years) and recent posts on the Clueship.

3) On your company-wide strategy wiki (get one if you don’t have one), start a “top ten clues” list and allow anonymous voting.

4) Allow time off (5% of the workday would be a good start) for your people (all of them, not just sales and HR) to Twitter, blog, Facebook and MySpace for the company.

5) Run from traditional (old school) marketing as a source of “what works.” If it really worked, you would not have taken the time to read this.

And finally, if you click on this link, you can contribute to our efforts to get Socialutions into Dictionary.com.

What do you think?

Saturday, April 12, 2008

Twitter catches on Fire

In an earlier post we saw that a few police departments had begun experimenting with Twitter . . . And now we see the fire departments Twitter, too!


Thanks to Grant Griffiths for his post in the Twitterverse! Grant runs one of the best blogs out there for those who do freelance work. Others covered it previously, but I wasn't connected to them, so I didn't get the message (there's a message there).

In Governing/December 2007, : Ellen Perlman's (Tech Talk) writes "For the department, twittering is an easy, free way to get important information out to the public. If, in the aftermath of, say, an earthquake, Los Angeles wanted to send out a boil water alert, one message could alert millions of people instantly. 'It's even better than the Goodyear blimp flying around,' says Humphrey, who also serves as the department's public information officer."

I can see the value for fire departments. Apparently, though, me and the LAFD and perhaps Ellen are the only ones who can.

In a search of Twitter for subscribers describing themselves as "fire department," the LAFD was "Results 1 - 1 of 1." Now it's possible that there are departments out there who just haven't listed themselves the right way (it's all public access, so like the yellow pages "fire department" would be the most logical).

There are plenty of users with the word "fire" in their name or description, like @SilverFire, @theCOLORofFIRE, @FireAngel, @StrangeFire, @iFire, and @Nuclear_Fire, but the majority haven't posted an update (indicating a lack of participation) in several months. There was one for California Fire News (@CalFireNews), but they appear to be just getting started, so if you would like to follow them that might help get them motivated!

Here's just a sample of the LAFD Twitter posts. Can you see the value in getting these on your mobile phone?

*Greater Alarm Structure Fire* 15222 W. Stagg St.; TG 531-H3; FS 90, 1
story commercial warehou... Read more at http://tinyurl.com/4wupzj

*UPDATE: 4630 N. Cerro Verde Pl.* Small fire starting in a pool house,
spread into approx. 1/4 ... Read more at http://tinyurl.com/53sz73

*Brush Fire* 4630 N. Cerro Verde Pl.; TG 560-H4; FS 93, Small amount of
brush burning behind a ... Read more at http://tinyurl.com/423gx7

*UPDATE: 120 E. 8th St.* Incident possibly caused by small fire in
electrical vault. DWP on sc... Read more at http://tinyurl.com/47arxg
Granted there are a lot of leading edge tech-aware folks in the Los Angeles area, but how 'bout some of the other large (and relatively progressive in a technology sort of way) metropolitan fire departments? Off the top of my head, given what LAFD learned, I would say New York, Chicago, Atlanta, and Houston would be prime candidates. Personally, I would think Nashville would also jump into the mix, but . . .

So you can check how many are participating long after this has posted, here are a couple of self-updating links. These will identify mentions of the quoted words on Twitter.
What do you think?

Monday, March 24, 2008

Dear John, Where's the Beef?

There's been recent news in the social webspace about not one, but two marriage proposals on the micro-blogging site Twitter (more discussion here). But marriage is only one demonstration of the relationships that can be strengthened with the support of the social web. It is about the relationship, but do we really understand how that works?

I found this little gem thanks to Doc Searls, who received it from Keith Hopper.

Don't read any more until you watch this (it's short - under two well-invested minutes):


As we wrote in The Emergence of The Relationship Economy, all business requires a medium of marketing, communicating, and selling means that drive customer awareness of the business proposition. Where companies screw this up is their focus ONLY on our awareness by failing to find the right balance between marketing, communicating, and selling.

Perhaps the perspective needs some adjustment -- let's look at it as a "communication sandwich," where marketing and selling frame the communication. Companies can bring their intent to the communication -- consumers are OK with that -- it's nice to know what the other person aims to get from a relationship, but we're getting to the point where we are wondering whether there is marketing just for the sake of marketing? Wendy's (provider of very excellent hamburgers sandwiches) had a commercial a while back that asked "Where's the Beef?"



In a communication sandwich like we've had for many years now, we should be asking the same thing!

So how can we get that message to the companies who keep pushing their products and services on us, without so much as a real follow up?

Perhaps we should just walk out on them and take our business elsewhere . . .

Is it that easy? Do you think they'll get it? NO!!! Not without a united effort by the people formerly known as the audience . . . we touched on the need for new strategies in our post on marketing in The Relationship Economy. Remember the peanuts that brought Jericho back? Well, that campaign worked (though not for very long), but this one is different, and it won't cost you money.

How 'bout this?

. . . go to as many company feedback sites as you can in the next 7 days.

Post something like this.


I (and a lot of people like me) have been trying to convey our sincere desire to have a real relationship with those who provide products and services for our consumption and enjoyment. The benefit of this relationship for you is that you get to know EXACTLY what we need, not only what you think we need, based on your research, focus groups, and late-night brainstorming with people who are so entrenched in the marketing model of the 20th Century that they wouldn't know a real conversation if one bit them on the nose. We want you to know what we need, when we need it, and why . . .

If you really care about our relationship, please invest two minutes and three seconds in it, by watching this video - http://bringtheloveback.com/2007/05/16/mdas_europe/

Sincerely,

Yournamehere

What do you think?

P.S. A hamburger is first a sandwich . . . verify here.

Saturday, March 22, 2008

NEED HELP with Social Media & Online Business Networking Must-Reads

I could really use some help building this list. I'm trying to include all the books that relate to the business-oriented social space.

My list at present is located here. Any method of response (blog comment, twitter post, email, or any of the communication methods to the right) ==>>> would be appreciated!

Thanks!

Monday, February 25, 2008

Customer Powered Service -- the next step in The Relationship Economy!

A while back, Bruno Teuber suggested we use something called Customer Powered Service to define service that is shaped by the customer . . . driven from outside the business to inside and designed to make the customer successful, not just to make support staff more efficient. There have been a few instances of the use of this term, but they all seem to focus on the company's reputation, not the customer's needs and desires. Teuber suggested that Customer Powered Service was a new model that empowers customers, not just internal service personnel. It helps customers achieve their goals, and it optimizes service towards making the best use of customers' time.

I think it's time to revisit the use of this term -- not as a buzzword, but as a mantra.

Customer Powered Service should be seen as a return to the mindset of the marketplace. It is the empowering of the customer, but it doesn't stop there. We have to realize (and make sure the companies we are dealing with realize) that they really aren't going to be successful if they don't provide us with what we need (and are asking for). When we speak of Customer Powered Service, it's not just about the customer -- it's also about the service!

Scott Allen recently noted that we have been moving closer and closer to the point that the customer is really the one in charge of the relationship, not the vendor. How does that work? Customer Powered Service!

Mark Kerrigan established a contact within #84 of the United States’ most profitable companies, and they (the founders) weren’t going to let that slip away. How did he do that? Customer Powered Service!

Jay Deragon observed that the best kind of sale comes from existing customers either buying more or referring someone else to your business. What is he talking about? Customer Powered Service!

Doc Searls, at Harvard's Berkman Center, is knee deep in VRM, or Vendor Relationship Management, the reciprocal of CRM or Customer Relationship Management. It provides customers with tools for engaging with vendors in ways that work for both parties. How are they going to build that? Customer Powered Service!

Pete Blackshaw suggested that if customer service and consumer affairs professionals want more budget, more respect, more leeway to nurture meaningful consumer loyalty -- and hence positive word-of-mouth and CGM creation -- they need to make their case, and do so now at a time when the resource-rich marketers are dotting every third word in speeches and memos with the word "conversation." How can they do that? Customer Powered Service!

The March 3 issue of Business Week, in an article entitled “Consumer Vigilantes“, provides us with a look at the creative ways that "we the people" have started using social media to address the issues when we want to avoid dealing with the phone menu (press one if you really want to do something about the problem).

This Thursday, February 28, 2008, join is at the Business Week webcast on The Impact of Social Media on Selling.

It promises to be a glimpse into the future of Customer Powered Service!

What do you think?

Thursday, February 14, 2008

If traditional marketing won't work in The Relationship Economy, what will?

Relationships, that's what!

In Generation MySpace Is Getting Fed Up, Business week reminds us that "Social networking was supposed to be the Next Big Thing on the Internet."

The article covers a variety of noteworthy points:

  • Advertising on social networking sites is growing fast. Last year global ad spending on these sites shot up 155%, to $1.2 billion, expected to jump 75% this year, to $2.1 billion.
  • The forecasts may prove unrealistic. Besides the slowing user growth and declining time spent on these sites, users appear to be growing less responsive to ads, according to several advertisers and online placement firms.
  • Google didn't generate as much revenue from social networking as expected.
  • Many people on social networking sites pay little to no attention to the ads because they're more interested in kibitzing with their friends.
  • Social networks have some of the lowest response rates on the Web, advertisers and ad placement firms say. Marketers say as few as 4 in 10,000 people who see their ads on social networking sites click on them, compared with 20 in 10,000 across the Web.
So what should we be doing to get the attention of the people formerly known as the audience? Perhaps we should treat our markets as conversations . . . perhaps we should engage our customers in dialog, getting to know them before we tell them what we have "just for them." Possibly, we should stop selling, and start listening . . .

In The Relationship Economy, the first step is the relationship. We are sick and tired of the push-marketing model, and are demanding that the pull (our pull) be implemented. The days of build it and they will come are gone. We want you to build, make, and provide stuff that we tell you we want. We'll only tell you in a conversation. The only way you will get it is if you are listening.

That's how relationships work.

Take a look at the new model, brought to you by some of the Cluetrain Manifesto authors.

The updated theses (numbering is not a mistake -- he skipped a few) as posted by Charlene Li - Josh Bernoff at Social Media Today.

1. Advertising as we know it will die.

2. Herding people into walled gardens and guessing about what makes them "social" will seem as absurd as it actually is. (Facebook is his example.)

3. We will realize that the most important producers are what we used to call consumers. (Yup.)

4. The value chain will be replaced by the value constellation. (Many connections.)

5. "What's your business model?" will no longer be asked of everything. (What's the business model for your kids?)

6. We will make money by maximizing "because effects". ("Because effects" are what happen when you make more money because of something than with it.) E.g. search and blogging.

8. We will be able to manage vendors at least as well as they manage us. (Agreements between companies and customers shouldn't be skewed in favor of the companies.) At Harvard Law they call this VRM -- vendor relationship management -- which is what Searls is working on (projectvrm.org).

10. We'll marry the live web to the value constellation. (The Live Web isn't just about stars. Relationships of anybody to anybody.)

What do you think?

Sunday, February 10, 2008

Innovation: Corporations Embrace Social Networking


I think we may be making some progress! According to Fox Business, in Innovation: Corporations Embrace Social Networking: "Increasingly, corporations and business professionals are embracing this new way to communicate and network. From established corporate social networking Web site Linkedin, to upstart SkyLounge (which went live last week) to embedded social networking in human resources applications, companies across the country are trying to capitalize on this burgeoning market.

And it's all being driven by executives at the highest levels of corporations."

Hopefully, they have read our post about "The CEOs new social network strategy"