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The Conversation Managerby Steven Van Belleghem#DCM
The Conversation Manager (extended presentation
What’sgoingon?
?Has the consumerchanged?
?Notthatmuch…
Word of mouthB.G.
The Conversation Manager (extended presentation
?Whatdidchangea lot?
?Media!
Word of mouthB.G.
WorLd of mouthA.G.
ConversationRevolution
The Conversation Manager (extended presentation
One week info from the NYT>a lifetime of info in the 18th Century
Consequence of ‘WorLd of Mouth’?What’s happening with the consumer?
We believetoday’sconsumers ...are post-modernnomadsConsumers switch between online and offline,blendwork and private life, and are part of a globalsocial web.That’swhythey are more difficult to grasp.
90%
We believe today’s consumers ...are empoweredThey have the means to make or break brands on a scale never seen before.
The Internet went down!
Stock value – 20%!
684.000.000usersCorrecterthanBritannica
We are ALLadvertisers
We believe today’s consumers ...are revealing more emotionsDecisions have always been strongly guided by emotions, now tapping into them has become easier.
40%
People love brands!
Consumer is part-time marketer
Me-marketing is hot
People have become very professional marketeersThey use the personalized/targeted communication strategiesbetter than any marketeer in the world
45%Createadvertising
66%Feedback onnewproducts
Part time marketeerPost modern nomadInternet is the biggestfacilitator in humanconversationsEmotionalEmpowered
Part time marketeerPost modern nomadPeople are the oil of the conversationrevolutionEmotionalEmpowered
Part time marketeerPost modern nomadEmotionalEmpowered
Hype or trend?TREND!Metcalfe’slaw…
We knowthings are changing,we don’tknowhow to act uponit
55%
A story aboutthe end of advertising?
Theadvertiseris dead!
A revolutionimpliesCHANGE
“People are very open fornewthings,as long as they are exactlylike the oldones”Charles Kettering
“Everyonethinksaboutchanging the world,butnoonethinks of changinghimself”Leo Tolstoy
ItIS happening NOW
It’s time to jump and to become…
It’s time to jump and to become…The Conversation Manager
Before we start…
Let’skill a few mythsMonster
6%6%88%1It’s not all online these days!O    PS94% offline conversations
2All sectors, all people!123
3They’renot as negative as youthink!6% - 18% = 82% - 94% = 
PhilosophyConversationAdvertisingBrand
PhilosophyConversationActivationBrand
STEP 1: Brand leverage
Brands are emotions!
We look waytoorationalto brands!
Top 5 brands of the world according to interbrand
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
Top 5 brands of the world according to interbrandTop 5 brands of the world according to facebook60,62,6
Top 5 brands of the world according to interbrandTop 5 brands of the world according to facebook60,62,6
Global R&D project in 15 countriesPartnership with Houston UniversityN=5.900Brand leverage
Purchase brandBrand leveragePromote brandBrand isclose to ideal
Brand ConversationsPurchase brandBrand leverageR²=.50Brand IdentificationPromote brandBrand isclose to idealBrand Perception
The Conversation Manager (extended presentation
Product quality decreases --- Customer experiences decreases ---  Prices go up
20% increase in loyal customers during the last three years!
‘WE’ make(s) the difference!
Positive/NeutralNegative
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
Brand ConversationsPurchase brandBrand leverageR²=.50Brand IdentificationPromote brandBrand isclose to idealBrand Perception
>
The Conversation Manager (extended presentation
1Brand identificationis KEYforthe Conversation Manager
Step2: AdvertisingbecomesACTIVATION
Advertising is…
Advertising is……the beginning of a conversation
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
PhilosophyConversationActivationBrand
The Conversation Manager (extended presentation
Activationforthe sake of activation
Remember the story?
Happy orsad?Marketing managerwillbehappyConversation Managerwillbesad
Activation asks for strategic thinking
BUYING ACTIVATIONCONVER-SATIONSPARTICIPANTSBUZZACTIVATION
BUYING ACTIVATIONCONVER-SATIONSPARTICIPANTSBUZZACTIVATIONFans & Experts buildyour brand
The Conversation Manager (extended presentation
7  350.000.000
BUYING ACTIVATIONCONVER-SATIONSPARTICIPANTSBUZZACTIVATIONThe right motivationis key
Chevy had anidea…
Some of the results:
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
Giving Back!
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
Lucky Time
Branded utility: offer VALUE
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
BUYING ACTIVATIONCONVER-SATIONSPARTICIPANTSBUZZACTIVATIONTalksaboutproduct or brand
The Conversation Manager (extended presentation
	3.700.000 watched a BBC documentary	127.000 followersget a daily update	20% increase in tourismforQueensland	1.9M investment, 330M in airtime
2Broadcasting the ad is justthe beginning, not the end!
Step 3: Manage yourconversations
PhilosophyConversationActivationBrand
ObserveFacilitateJoin
As a managerAs a brandAs a peerObserveFacilitateJoin
As a managerObserve
The Conversation Manager (extended presentation
The Conversation Manager (extended presentation
As a brandFacilitate
100 = 100Are youcoolenough to drive a Ford Fiesta?
	4.300.000 YouTube views	500.000 Flickr views	3.000.000 Twitterimpressions	50.000 leadsfor the Fiesta (97% has no Ford)
The Conversation Manager (extended presentation
As a peerJoin
Onnewyearseve, Made a mistake…among 50% of itscustomersabout…money!
The followingtakes place between 8pm and 12am
31/12	       9u22First reaction
127
01/01	       3amHell breaks loose…
129
01/01	       10amRabobank reacts
17/04/2010131“Ik heb het even nagekeken en ook bij mij is dit het geval.Ik veronderstel dat er dus door een fout in de afrekening geen rekening werd gehouden met de vrijstellingsdrempel.Wij onderzoeken het en zetten het probleem zo snel mogelijk recht.”
01/01	       12amPositivereactions
133
The Conversation Manager (extended presentation
Thank you!ListenPersonalOpenAskquestionsEngagementHonest6 Rules of participation
Do I alwaysneed to answer?No, youdon’t!
Whennot?EmotionalreactionsWhenpeople are talkingPickyourfightsWhenyouneed to think
3Joining the conversation isthe essence of marketing
That’s the philosophy of…The Conversation Manager
A story of CHANGE
strategytactics
strategytactics
strategytactics
STRATEGYnottactical
In the short run:Accept failure
Long term goal:Be ambitious
CULTURE
The Conversation Manager (extended presentation
The conversationcompany
Are youready?
The BIG Conversation Manager test!
The BIG Conversation Manager test!You are a member of at least 1 socialnetwork(e.g. Facebook, Twitter, LinkedIn)1
The BIG Conversation Manager test!Youusesocialnetworks at leastonce a week2
The BIG Conversation Manager test!Youoften check online buzzaboutyour brand3
www.blogpulse.comGoogle AlertBrand tagswww.technorati.comTweetscanGoogle Blog searchGoogle/TrendsGetSatisfactionSearch twitter
?
The BIG Conversation Manager test!You have automatedsystems to monitor buzzaboutyour brand (e.g. Google Alert)4
The BIG Conversation Manager test!Youworkwithanagencythatbelieves in the conversationphilosophy5
The BIG Conversation Manager test!You have a flexible marketing budget available6
20%
The BIG Conversation Manager test!Youworkwith a new set of KPIs,conversationrelatedKPIs.7
The BIG Conversation Manager test!You have (manage) a fanbase?8
The BIG Conversation Manager test!Youparticipate in online conversations9
14%7%11%ObserveFacilitateJoin
The BIG Conversation Manager test!You spread the word about the importance of Conversation Management10
You can soon become a Conversation Manager
Start yourchange
48

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The Conversation Manager (extended presentation

Editor's Notes

  • #24: “A lot of times, people don’t know what they want until you show it to them…” (Steve Jobs)
  • #86: Recent literature on WOM has largely emphasized these so called influencers. However, others have challenged this idea poning that “word-of-mouth from celebrities, mavens, connectors, alphas, hubs, transmitters, trendsetters, [...] is always good. But it’s no more powerful or influential than word-of-mouth from that guy [...] sitting next to you on the train” (Balter & Butman, 2005). It is therefore our belief that the first step towards a better measurement of WOMO is not looking at “who is doing something”, but at “what everybody is doing.” Therefore, action rather than persons and their characteristics are situated at the heart of our model.When evaluating a viral campaign it is important to map all different communication that consumers have started. The model distinguishes different levels of online actions in relation to the level of engagement they imply (see figure 1) (Womma, 2005).A first type of actions are receiver actions. These happen whenever people receive and absorb the content of a message about brands, products and services. Online surfers can come in contact with information about brands via two types of channels. They can use selective channels like e-mail where they receive information that is personally addressed. However, they can also find information on public sharing platforms like YouTube, online forums,... A second type of actions are sender actions. This encompasses all actions where people share the information about brands with other people. While forwarding as such is indicative for extended reach of an ad (by definition a key performance indicator) it can crystallize in different actions. “Selective forward” actions happen whenever consumers forward the communication to a focussed and/or limited set of people. In turn there are three formats of this kind of forwarding. In “plain forwarding” no comments or much thinking or acting is added from the part of the sender. “Commented forwarding ” means that the forwarder adds negative, positive, reinforcing or other comments. Finally, forwarders can specifically “target” certain people in their peer group (e.g. only send it to brand lovers or acquaintances they know are in a buying process). A second type of sender action are “sharing forward” actions. These consumers like or dislike the ad so much they post it on a open sharing platform such that anyone else interested can be exposed to the ad. The sender is not interested in reaching close acquaintances but reach as many people as possibleA final type of actions are creator actions. These actions basically imply people contributing content to the add (e.g. filling out there or others’ details to personalize the ad), participate in a contest or play an interactive game or even create a new add.In this research, we want to measure to what extent consumers undertake the different types and subtypes of actions: We believe that some WoMo actions will occur more frequently than others. Because receiver actions are passive actions that do not ask a lot of effort from the consumer, we expect this type of action will be the biggest group. Similarly we hypothesize that although sender actions demand more consumer involvement than receiver actions, they will still occur more frequently than creator actions that require a truly active and passionate consumer. Next, we expect that there will be a difference between selective (e-mail) and sharing online communication channels (online forums, blogs, websites specialized in online movies). We hypothesize that consumers will still have a preference for e-mail communication above other types of communication because they are more familiar with the channel (www.E-scape-reports.com)
  • #103: Leading Chinese e-tailerDangDang.com gives back toits customers—and encourages their vigilant attention tothe site—by randomly assigning one hour a day as“Lucky Time” in which all purchases made within thathour are free of charge. (Tip of the hat to PSFK.com.)