A customer shares an insight within your company’s online community. He somehow found the time in between meetings, phone calls and lunch to share a suggestion, idea or complaint in a discussion thread. “It would be great if the XYZ product would … ,” he writes. What does your company do with that customer input? This is the $1,000,000 dollar question — literally.
Participating organizations will gain new insights into their social business activities and risks.
According to the research, people spend most of their time online with colleagues in professional networks (41%), followed by friends, family and experts. Only 13% report spending the most time online with their family. Seems the closer the relationship probability, the less time online is shared. In the survey, we had an “Other” category and it was interesting that the most common fill-ins pertained to business; most popular fill-ins included customers, prospects, and clients. Business use of social networking is definitely top-of mind for many users. We then poked around a bit to learn how, if at all people’s use of social media channels varied by relationship. There is a significant different in what channel people choose to reach others in their lives.
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I am proud to introduce the results of the 2nd annual New Symbiosis of Professional Networks research study by The Society for New Communications Research (SNCR); a benchmark on the impact of social media on enterprise decision-making.
The study is a result of collaboration between my co-researcher Don Bulmer and me as part of our fellowship with SNCR. We have also benefited greatly from the analysis of my colleague at SAP and senior fellow at SNCR, Peter Auditore.
In the first study we focused on professionals’ use of social media—and it all comes back to the strength of the relationship. Human relationships and peer-to-peer decision-making are inherently interrelated. Professional networks facilitate vast interactions, connections, and networks of people by enabling collaboration anywhere and at any time.
The B2B online community may be the forgotten partner of the glitzy, headline and spotlight-grabbing B2C communities at the center…
Executive Summary of the The New Symbiosis of Professional Networks Report:
The convergence of the Internet, Web 2.0 and mobile technologies has created a disruptive shift in business. The era of Business-to-Person (B2P) communications driven by all things social (social media, social networks, and social influence) has emerged as a new model for engagement and Social Media Peer Groups (SMPG) have evolved to take important and influential shape in a new business and economic environment.
This shift has disintermediated many long-standing marketing, communications and selling beliefs that have traditionally guided how companies interact, support and collaborate with their customers. We now work in an environment where companies have diminished control over the reputation of their brands, products and services as the wisdom of crowds increasingly dictate the rules of reputation management and selling. Through the use of social media, customers and prospects now have an almost instantaneous platform for discussion of their ideas, experiences and knowledge. Increasingly, the use of social media is playing an important role in the professional lives of decision-makers as they utilize the tools and mediums before them to engage their decision-making processes. The social nature of decision making has increased with impressive strength connecting generations of professionals to each other – changing the dynamics of customer relationship management, marketing and communications, forever.