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Sallie Burnett
sallie@customerinsightgroup.com
Agenda
        •     Four Ways to Grow Business
        •     Customer Buying Process
        •     Social Media’s Influence on Purchase Decision
        •     Brands LOCKED OUT
        •     Q&A




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
Four Ways to Grow Business




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
1




                                 GET MORE CUSTOMERS



© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
2




                                 GET CUSTOMERS TO BUY MORE OFTEN



© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
3




                                 GET CUSTOMERS TO BUY MORE PER
                                 TRANSACTION


© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
4




                                 RETAIN MORE CUSTOMERS



© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
2008: "Pepsi is #1" Тv commercial (Luke Rosin)
                                2008–present: "Something For Everyone"
                                2009–present: "Refresh Everything"/"Every Generation Refreshes the World"
                                2010–present: "Every Pepsi Refreshes The World"
                                2011–present "Summer Time is Pepsi Time"
                                2011–present "Born in the Carolinas"
                                2012: "Where there's Pepsi, there's music" – used for the 2012 Super Bowl commercial featuring Melanie Amaro
                                2012 "The Best Drink Created Worldwide"




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
2005 - Make It Real.
                                                      2006 - The Coke Side of Life (used also in the UK)
                                                      2007 - Live on the Coke Side of Life (also used in the UK)
                                                      2008 - love it light (also used in the UK)
                                                      2009 - Open Happiness
                                                      2010 - Twist The Cap To Refreshment
                                                      2011 - Life Begins Here
                                                      2012 - Enjoy Coca Cola




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
What Role Does Social Media Play?
                        Four Ways to Grow
                             Business                                                         – Get more customers
                                                                                              – Get customers to buy
                                                                                                more often
                                                                                              – Get customers to buy
                                                                                                more per transaction
                                                                                              – Retain more customer




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
CUSTOMER BUYING PROCESS
                                                                                         YOUR DIGITAL AUDIENCE




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
Awareness            Findability          Evaluation            Decision             Purchase   Support   Relationship


                                                              Consumer Buying Process




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
REALIZE A NEED




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
                                                                                                            INVESTIGATIE OPTIONS
ASK FRIENDS
© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
ASK FRIENDS
© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
RESEARCH
           Price
           Types
           Brands
           Features
           Benefits
           Product Reviews
           Complaints
           Customer Service




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
PURCHASE


© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
ASK THE EXPERTS
© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
Consumer Buying Process




           Awareness            Findability         Evaluation            Decision             Purchase            Support           Relationshi
           •Search              •Keyword            •Third party          •Discounts           •Gift options       •Email            p
            engines              search              product guides       •Consumer            •Delivery options    confirmation     •E-newsletter
           •Social search       •Social media       •Consumer              reviews and         •Channel options    •FAQ              •Reminder
           •Banner ads          •Product code        reviews and           ratings             •Payment            •Order history     service
                                                     ratings              •Service              options            •Order tracking   •Loyalty program
           •Email
                                                    •Product specs         promise                                 •Customer         •Social media
           •Feature                                                                                                 service
                                                    •Friends              •Friends                                                   •Personalize
            products                                 opinions              recommendati                                               recommendatio
           •Store                                   •Price, availabili     ons                                                        ns
                                                     ty, delivery info    •Call to action
                                                    •Product              •Store locator
                                                     pictures             •Security
                                                                           guarantee
                                                                          •Return policy
                                                                          •Customer
                                                                           service




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
Social Media’s Influence on
          Purchase Decision
                                                                   ENGAGING YOUR DIGITAL AUDIENCE


© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
What sites are CONSUMERS using?




                                                                                                            Global Study
         Source: IBM Institute for Business Value analysis. CRM Study 2011




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
BRANDS WITHOUT A SOCIAL MEDIA
                                            STRATEGY FIND THEMSELVES

                                           LOCKED OUT
© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
Successful brands meet the
                                 customer on their terms




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
Sallie Burnett
                                                                                                    sallie@customerinsightgroup.com
                                                                                                               Twitter.com/sallieburnett
                                                                                                          LinkedIn.com/in/sallieburnett




                                                   Thank You!




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
Resources
                                LinkedIn Group
                                http://linkd.in/LinkedInDiscussion


                                InternetHowTo on Twitter
                                http://twitter.com/internethowto

                                Social Media Library
                                http://www.customerinsightgroup.com/marketinglibrary


                                Infographics
                                http://www.customerinsightgroup.com/infographs


                                Social Media Grader
                                http://www.customerinsightgroup.com/marketinglibrary/social-media-grader


                                How to Use Facebook for Business
                                http://www.customerinsightgroup.com/facebook-pocket-guide




© 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758

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Next Generation’s Leaders Discover the World of Social Media

  • 2. Agenda • Four Ways to Grow Business • Customer Buying Process • Social Media’s Influence on Purchase Decision • Brands LOCKED OUT • Q&A © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 3. Four Ways to Grow Business © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 4. 1 GET MORE CUSTOMERS © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 5. 2 GET CUSTOMERS TO BUY MORE OFTEN © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 6. 3 GET CUSTOMERS TO BUY MORE PER TRANSACTION © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 7. 4 RETAIN MORE CUSTOMERS © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 8. 2008: "Pepsi is #1" Тv commercial (Luke Rosin) 2008–present: "Something For Everyone" 2009–present: "Refresh Everything"/"Every Generation Refreshes the World" 2010–present: "Every Pepsi Refreshes The World" 2011–present "Summer Time is Pepsi Time" 2011–present "Born in the Carolinas" 2012: "Where there's Pepsi, there's music" – used for the 2012 Super Bowl commercial featuring Melanie Amaro 2012 "The Best Drink Created Worldwide" © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 9. 2005 - Make It Real. 2006 - The Coke Side of Life (used also in the UK) 2007 - Live on the Coke Side of Life (also used in the UK) 2008 - love it light (also used in the UK) 2009 - Open Happiness 2010 - Twist The Cap To Refreshment 2011 - Life Begins Here 2012 - Enjoy Coca Cola © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 10. What Role Does Social Media Play? Four Ways to Grow Business – Get more customers – Get customers to buy more often – Get customers to buy more per transaction – Retain more customer © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 11. CUSTOMER BUYING PROCESS YOUR DIGITAL AUDIENCE © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 12. Awareness Findability Evaluation Decision Purchase Support Relationship Consumer Buying Process © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 13. REALIZE A NEED © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 14. © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758 INVESTIGATIE OPTIONS
  • 15. ASK FRIENDS © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 16. ASK FRIENDS © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 17. RESEARCH Price Types Brands Features Benefits Product Reviews Complaints Customer Service © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 18. PURCHASE © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 19. ASK THE EXPERTS © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 20. Consumer Buying Process Awareness Findability Evaluation Decision Purchase Support Relationshi •Search •Keyword •Third party •Discounts •Gift options •Email p engines search product guides •Consumer •Delivery options confirmation •E-newsletter •Social search •Social media •Consumer reviews and •Channel options •FAQ •Reminder •Banner ads •Product code reviews and ratings •Payment •Order history service ratings •Service options •Order tracking •Loyalty program •Email •Product specs promise •Customer •Social media •Feature service •Friends •Friends •Personalize products opinions recommendati recommendatio •Store •Price, availabili ons ns ty, delivery info •Call to action •Product •Store locator pictures •Security guarantee •Return policy •Customer service © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 21. Social Media’s Influence on Purchase Decision ENGAGING YOUR DIGITAL AUDIENCE © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 22. What sites are CONSUMERS using? Global Study Source: IBM Institute for Business Value analysis. CRM Study 2011 © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 23. BRANDS WITHOUT A SOCIAL MEDIA STRATEGY FIND THEMSELVES LOCKED OUT © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 24. Successful brands meet the customer on their terms © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 25. Sallie Burnett sallie@customerinsightgroup.com Twitter.com/sallieburnett LinkedIn.com/in/sallieburnett Thank You! © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758
  • 26. Resources LinkedIn Group http://linkd.in/LinkedInDiscussion InternetHowTo on Twitter http://twitter.com/internethowto Social Media Library http://www.customerinsightgroup.com/marketinglibrary Infographics http://www.customerinsightgroup.com/infographs Social Media Grader http://www.customerinsightgroup.com/marketinglibrary/social-media-grader How to Use Facebook for Business http://www.customerinsightgroup.com/facebook-pocket-guide © 2013 Customer Insight Group, Inc. All rights reserved. * www.customerinsightgroup.com • +1 303.422.9758

Editor's Notes

  1. How has the consumer buying process changed?
  2. The latest research from Forrester cites social media as the fastest growing marketing channel, expected to reach $3.1 billion by 2014.
  3. How has this change influenced
  4. Note: As expected, Generation Y still accounts for the lion’s share of activity, but Generation X isn’t far behind and Baby Boomers are quickly catching up, particularly in the use of social networking sites, such as Facebook, LinkedIn, Orkut, and QQ. Baby Boomers have demonstrated the most growth interms of numbers using such sites. In 2009, 50 percent of Baby Boomers were using social networking sites.7 Based on oursurvey, that number had swelled to 72 percent by 2010.Notes: 1) Sample size N=1056. 2) Generation Y: People born between 1975 and 1992 (18 to 35 year olds): Generation X: People born between 1965 to 1974 (36 to 45 year olds): Baby Boomers: People born in or before 1964 (46 year olds and older). Source: IBM Institute for Business Value analysis. CRM Study 2011Gen Y born between 1975 and 1992 (18-35) Gen X 1965 – 1974 (36 – 45), Baby Boomers Born before 1964. IBM Study MethodologyIn October 2010, we conducted two online surveys:The first was completed by 1,056 consumers in the UnitedStates, Canada, the United Kingdom, France, Germany, India,China, Australia and Brazil. Participants represented adistribution of ages among Generation Y, Generation X andBaby Boomers, with annual household incomes fromUS$25,000 to more than US$100,000.6The second survey went to 351 business executives in thesame countries (except Canada). Executives representedcompanies from the following sectors: Distribution,Communications, Financial Services, Industrial and PublicSector/Healthcare. In addition, to capture qualitative datafrom executives responsible for social media programs, weconducted 17 interviews in the United States and the UnitedKingdom. In partnership with Oxford Economics, we alsoestablished a Social CRM blog to solicit feedback on SocialCRM topics from social media and CRM specialists andother interested individuals.