Viewpoint 3-18-2010 - Attensity -- Joe Cothrel

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Slide 1

Powering the New Customer-Conversation Driven Enterprise Through Lithium Communities and LARA Joe Cothrel Chief Community Manager Lithium

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Lithium Technologies 100% growth in 2009 Over 120 employees Ranked #1 in our category by Forrester Research for both Services and Customers. Named to “JMP Hot100: The Best Privately Owned Software Companies” CRM Rising Star Award Customer success stories appearing in places like: NY Times Financial Times Forbes CRM Magazine USA Today Wall Street Journal 20MM registered users 100MM posts last year 3BN user sessions last year 1BN page views/month We power the world’s most successful and most vibrant customer communities.

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Driving real ROI: Support $20M saved in call deflection $3M saved in call deflection 2M questions answered this year Customer Sat scores 15%

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Driving real ROI: Promote Positive sentiment 300% Negative sentiment 50% 66% in spending 39% of all search engine traffic generated by the community 41% increase in spending

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Driving real ROI: Listen $50M new market opportunity identified through community 300% in beta program participation 200 new product ideas generated in 30 days

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Some Rules of Thumb for Forums 90-9-1 30-10-10 5-10 At any given time, 90% of users browse, 9% contribute casually, and 1% contribute frequently. Within a 30-day period, 10% of the people who see an invitation to community will come, and 10% of those will post. An average of 5-10 posts per day per forum or more is the point at which communities begin to grow consistently.

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Some Rules of Thumb for Forums Promotion Structure Superusers Failing to properly promote the community is the #1 reason communities fail. Getting the topical structure wrong is the second most common failing. Finally, all that won’t matter if you can’t attract and keep those highly active users – some of whom are your customer advocates!

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The Customer Network is the Opportunity Customer advocates or superusers drive success. Identify, cultivate, and grow the base of ‘superusers’ Average value of a customer advocate over $50,000/year Social map of community members

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LEVERAGING LITHIUM COMMUNITIES AND OTHER CUSTOMER CONVERSATIONS THROUGH LARA Catherine van Zuylen VP of Product Marketing Attensity Americas

Summary: Webinar segment 1

Tags: community

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