You Wanted To Know About
Social Business W b 3 0?
S i l B i       Web 3.0?




Felix Lee Project Director
      Lee,
Catalyst Connector
CRM Business Revolution 2010, Singapore

Felix.Lee@CatalystOrigin.com
www.CatalystConnector.com
                               Felix.Lee@CatalystOrigin.com
In the beginning…

                             There was…




            Felix.Lee@CatalystOrigin.com
the social network
Five years ago, no one had ever
heard of it.




           Felix.Lee@CatalystOrigin.com
the social network
Ten years from now, no one will
know how we ever lived without it.




           Felix.Lee@CatalystOrigin.com
the future is here
Now, with the click of a button,




           Felix.Lee@CatalystOrigin.com
the future is here
Now, with the click of a button,
there’s a smarter way to steal,
       swop and rent id
              d      identities.
                          i i




            Felix.Lee@CatalystOrigin.com
still
    Identity theft is the fastest
     growing crime on the Internet.

 You should really be careful
             about
     who you share your
   business, or bed with.
Winning trust is not a science
                       science.
         It is an art.
Javelin Strategies reports that incidences of the crime increased by 11% from 2008 to 2009 altering the lives of 11
              million Americans, which means one in every 20 Americans risks being a victim this year.
                                           Felix.Lee@CatalystOrigin.com
• Fastest growing sector for Internet use is communities
          g     g
  (5.4% in a year)
• Member communities reach more internet users
  (66.8%) than
  (66 8%) th email (65.1%)*
                    il (65 1%)*
• By 2010 over 60% of Fortune 1000 companies will
  have some form of online community deployed for
  CRM purposes**

*(Nielsen “Global Faces on Networked Places”)
** (Gartner Group – “Business Impact of Social Computing on CRM)




                          Felix.Lee@CatalystOrigin.com
Social Business is
The Power of One


      Felix.Lee@CatalystOrigin.com
Elements of the Social Universe

             Relationships
Reputation
                          Conversation


                              Groups

      Persona                 Sharing                 UGC
                          Collaboration


                              Actions
               Presence



                       Felix.Lee@CatalystOrigin.com
Felix.Lee@CatalystOrigin.com
Felix.Lee@CatalystOrigin.com
Social
Your
Business!




            Felix.Lee@CatalystOrigin.com
Back To CRM School




     Felix.Lee@CatalystOrigin.com
The Customer is
 Managing your
    eBrand

     Felix.Lee@CatalystOrigin.com
eBranding? What’s That?

           I co-create                                     I like.
               the                        I’ve got         I like!
           experience                        the
                                          music!




I AM the
 music!                                                      tweet




              I’m buying                                  I think he
               his music                                     needs
             right now…                                     cough
                                                           mixture
                                         retweet
                           Felix.Lee@CatalystOrigin.com
Who are you?




               Felix.Lee@CatalystOrigin.com
Social sharing + Tagging + Viral sharing + Social News Creation +
             g     gg g                g
                            Analytics




                      Felix.Lee@CatalystOrigin.com
Open Innovation
& the Flat Earth


     Felix.Lee@CatalystOrigin.com
Open Innovation…

“A crowd of decentralized
 A
people working to solve a
problem on their own
without any central effort to
guide them, come up with
       them
better solutions, rather than
a top down driven solution ”
  top-down          solution.
                Suroweicki

                Felix.Lee@CatalystOrigin.com
…is crowd sourcing
               crowd-sourcing

                                                Diversity reduces groupthink.
                                                Di     it   d           thi k
                                                    Groupthink works by
                                                   shielding members from
•   Cog
    Cognitive Diversity
            e    es y                                  outs de opinions
                                                       outside op o s

•   Independence
•   Decentralization
•   Easy Aggregation                                People assume that
                                                     groups know what
                                                      they are doing =
                                                       Leads to herd
                                                          behavior



                 Felix.Lee@CatalystOrigin.com
sCRM is a mindset




      Felix.Lee@CatalystOrigin.com
To Do
 List




        Felix.Lee@CatalystOrigin.com
Tech Shopping List [SCRM]




      Felix.Lee@CatalystOrigin.com
Estimated Timeframe To Reach Your
                                  Communities




        60                     12                              48
       days                    wks                             hrs
 21               8
days             wks
                                                      24
                                                      hrs


     Time to             Average time
                              g                              Time between
    establish           to deploy and                       transaction and
   SCRM policy          engage clients                       order delivery


                       Felix.Lee@CatalystOrigin.com
Felix.Lee@CatalystOrigin.com
Loyalty has a Boss
  y y
 who earns creds


      Felix.Lee@CatalystOrigin.com
Loyalty is Earned…Continually
                  Earned Continually

 NNewsbites good enough t t
          bit     d        h to tweet [140]
                                     t
 Design for selfishness, not altruism
 Encourage personal expressions of art, prose,
  crits, as content threaders.
 Allow for “escape activities” like games, gossip,
  lurking,
  lurking hit and runs
                  runs.
 3-click sign-up and sign-in
 Rewards should be both virtual and real world
 Use Longtail techniques and ideas used to
  germinate and sustain actionable interest


                   Felix.Lee@CatalystOrigin.com
Shared Experiences = viral memories

Focus           Plan a cross-country treasure hunt
Here!
H   !
                Customer Experience                       UGC


         Maps          Event               Hotel
                                        Reservations   Data   Content
                      Locator
 Not
 Here




                     Felix.Lee@CatalystOrigin.com
Not only do you have to contend with the rest
of the world, your own organization is yet
another social challenge in itself!




  Felix.Lee@CatalystOrigin.com
The Road Ahead




    Felix.Lee@CatalystOrigin.com
Love me, Love My Phone…




Felix.Lee@CatalystOrigin.com
Felix.Lee@CatalystOrigin.com
Felix.Lee@CatalystOrigin.com
Felix.Lee@CatalystOrigin.com
Don t
Don’t Give Up!




    Felix.Lee@CatalystOrigin.com
Felix Lee, Project Director
CatalystConnector.com
CRM Business Revolution 2010, Singapore




              Felix.Lee@CatalystOrigin.com

      Collaborate. Felix.Lee@CatalystOrigin.com Co-Market
                   Co-Venture.

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