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Social Media 4 ROI
A Case in Proof:
MyVenturepad.com
Developing and Managing a Social
Media Site for Small and Midsized
Business
Best Practices in Social Media Marketing:
Business Outcomes, Success we can Measure!
1. Awareness and Buzz including mentions in Mainstream
Press
2. Featured questions on LinkedIn to generate on the order
of 20% of our net new prospects
3. Over 100 influencers on board including reach to
hundreds of thousands of followers on twitter
4. Filling the sales pipeline to the tune of hundreds of
thousands of dollars.
5. Noted by leading thinktanks as a Best Practices for
marketing to small and midsized business
Who Where is your customer?
Traditional marketing tools
(sap.com, newsletters, ) =
one-way push, limited reach
Social Media Can Help
Where potential target
companies / customers
are
associations
Peers
Chamber of
commerce
partners
Sap.
com
Where Who are your influencers?
Identify, Engage, Leverage, Measure.
Classification
ofInfluencers
Research & Thought Leadership: Swath Influencers: Web 2.0:
Case studies, research, high
magnitude, C-suite, Compliance
Market segment-specific MVP bloggers, social networks, feeds
CommunityofInterest
Accountants,
Attorneys, SME
business
professional
advisors
VC and Private
Equity
Women Executives,
Women Managed
Entrepreneurs,
Regions
Domain-specific,
CRM, BI, ERP
Social Networks,
SaaS
Accounting:
 xxx
Legal / Compliance
 xxx
 Xxx
 xxx
Business Analytics
 xxx
VC:
 Xxx
 Xxx
 Xxx
PE
 xxx
Women:
 Xxx
 xxx
 xxx
China
 xxx
YEO:
 Xxx
 Xxx
 Xxx
 Xxx
 xxx
Regions:
 Xxx
 xxx
CRM
 Xxx
 xxx
BNT4SME
 Xxx
 xxx
Business Analytics
 xxx
ERP
 xxx
Social Networks
 MyVenturepad
 LinkedIn
 Facebook
 Twitter
 YouTube
SaaS
 Xxx
 Xxx
 xxx
1:MANY:1 - Creating Meta-Conversation:
Targeted, purpose-driven, online community  Results!
podcasts
blogging
commenting
micro-blog
WordFrame
discussion
LinkedIn
You-Tube
Twitter
Email
newsletter
surveys
white papers
webinars
video
itunes
connections
profiling
Activities
Platforms
Meta-conversation
* All linked by brand
wikiwikis
Objectives for the SME Community:
Address the Pain of Small and Mid-sized business
Objectives for SAP:
 Increase SAP brand awareness in the SME market
 Aggregate bloggers and influencers of interest to small
business
 Establish SAP as a trusted advisor to small business
 Create and drive lead generation for SME sales
MyVenturepad is BIG News for emerging growth companies!
MyVenturepad is a moderated online growth business community for 2000+ owners and
managers of small and midsized companies, and for the professionals who advise them. Its
produced by SocialMediaToday, the leading bloggers/thinkers on Social Media and Web 2.0,
and sponsored by SAP.
Its a great place to find answers and insights to help you manage and grow your business.
By registering for the site, youll be able to connect with some of the worlds best bloggers
and influencers of growth companies. MyVenturepads sub-communities drive topics such as
Deal Makers, Finance, Green Business, Managing People and Leadership, which will help you
focus on whats most important to you. Join the conversation!
http://www.myventurepad.com
MyVenturepad:
Letting the Conversation take shape
MyVenturePad (MVP) Promotional Assets
BANNER AD:
Promotion for SAP
Hard Offer: Fast Start for
SAP All-In-One
BADGE Promotion:
Economic Stimulus
package eBOOK
BLOGS:
Blogger Outreach,
Achieving hundreds of
views, featuring 100
influencers, includes a few
SAP spokespeople.
MyVenturepad Growth and Milestones:
2000+ members
24 ms:
11/09
#ofcommunitymembers(SMEs)
Time 
12 ms:
12/08
18 ms:
06/09
Phase 1: Intro
MVP Membership:
 500 by April, 2008
Seismic Event:
 Key influencers added:
Seth Godin, Jeff
Cornwall, Guy
Kawasaki etc.
 Produced Social Media
to Grow your Business
Webinar with Seth Godin.
Phase 3: Leverage
& Demand Gen
MVP Membership:
 2001 SMEs by June 24, 2009
Seismic Event(s)
 eBOOK: What the Economic
Stimulus package means for
Growing Business SAP,
MVP and SCORE.org drove
250 leads -> SME Funnel
 sap.com  500 more leads
 Over 10000 uniques per
month consistently
Phase 4:
Global
MVP membership:
 3500+ January 1,
2010 ~
Seismic Event (s)
 ByDesign GTM
 China Language
 Spanish language
 Region-specific
(BRIC)
100015002000500
6 ms
Apr 08
Phase 2:
Demand Gen
MVP Membership:
 1200 by December 30,
2008
Seismic Event(s)
 Weathering the
Economy paper and
webinar series.
 972 leads for total event
 200 new leads for SME
funnel through MVP
Nov07
Blogger Outreach through SAP and
MyVenturepad bloggers
Weve initiated
Blogger outreach to
SAP bloggers and
MyVenturepad
bloggers to get their
followers to join up and
participate in the
webinar.
They place this badge
and other assets on
their websites, and blog
& tweet about us, and
more
Other Channels Weve Leveraged Include:
LinkedIn: The Featured Question, The Poll...
Twitter channel. How the Influence Flies
Our message  Influencers  Customers
Social Media Today
twitter API
SAP Team
@PGreenbe: SAP took some
business leadership, rather
than following the easier
path of technology sales,
during the current crisis
@GuyKawasaki: SAP
and MyVenturepad
The Stimulus What it
means for your
business.
http://Bit.ly/kpqpwl
SAP Partners &
Customers
Influencer
Engagement
Models
How to Build and Engage a Community of SME
Influencers
 Engage influencers in Creative and Meaningful ways
 Promote active engagement, enabling SMEs and growth
companies to solve critical business issues
 Listen, observe without actually inserting ourselves into
the conversation
Tweaking It: Social Network Fine-Tuning Builds
Participation, Leads and Buzz
息 SAP 2007 / Page 14
 While SAP/SMT team tracked comments and the subsequent interaction, we
found too much competition in the broad market.
 A subset of the most popular influencers were those who targeted a slightly
different segment of the small business market  a segment more appropriate
to SAPs goals
 That subtle shift among the posters, readers and community members
prompted the team to quickly re-engineer the site and tweak MVP to better
serve that audience and create passion and affiliation
In the current market, where broad-based media is eroding rapidly, creating,
developing and defending niche content will win the day.  Andrew Heyward
Leveraging MVP as a Platform for Lead
Generation and Brand Building:
Changing the Way We Do Volume Marketing
Social Media Can Help
 Build awareness via word-of-mouth
 Engagement by conversation
 Drive higher volume via broader reach
 Enable fast monitoring & feedback
Hypothesis Experiments
Jun ~ Jul 2009
Sep ~ Nov 2008
Disclaimer: Still early & evolving, still learning, limited experi., mostly campaign focused
Measuring the Results:
Weathering the Economy Forum
10 thought leaders
(economists, experts, SAP
customers)
What We Did:
1,000+ registrations
Plus:
online responses
webinar attendees
marketing leads
prospects
new contacts
existing prospects
3 live webinars
(Sep 25th, Oct 22nd, Nov
20th)
2 online forums
(myventurepad.com,
LinkedIn.com)
WTE Forum Campaign
Generated Media Interest:

Discussion Forums, Blogging, social networking, Twitter, etc.
CTO, PolyGlass
CEO, Social Media
Today
Director,
Professor, PSU
CEO, Jana
Matthews Group
Buzz and Awareness By Word-of-Mouth
6,000 followers
150,000 followers
2,200 followers
Ross Dawson Blog
Marketing Interactions
Blog
Small Biz Survival Blog
MVP blogger outreach
Broadcasted by 10 bloggers
Picked up by major press
Twitted by SAP4SME
Twitted by Guy Kawasaki
Re-twitted by 15 Twitters
109
Registrations +
press coverage
99
Registrations
Engagement By 2-Way Conversations
4 LinkedIn Featured Questions 1,500+ responses / comments
LinkedIn Discussions Comments from 20+ LinkedIn Groups
50+
Registrations
90+
Registrations
MyVenturepads KPIs: Double Digit
Growth, Cost per Lead, Filling pipeline
Milestone Description
Registered
Membership
2300 + small and mid-sized companies as registered members
September
Visitors -
15,500 unique visitors via 119 sources and mediums (linked-tos via)... twitter, facebook, etc.
Page Views: 209740 Page Views, 30% returning visitors
Average time September 2009: 3min 23 seconds
Countries Top Visitors are US, UK, Canada, DE, India, Australia, CI, Ire, Phil, Sing.
Influentials (Bloggers): 100 total
#Blogs and
Comments...
Roughly 35 posts per day on average. 1.5 comments per day.
Sales Qualified
Leads
327
Pipeline
Revenue
$ hundreds of 1000s from social media for the campaign
Double Digit growth per
month!
Thank you.
Margot.Heiligman@sap.com @sap4sme @mheiligman
Robin@socialmediatoday.com @socialmedia2day

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Social Media Today and MVP at Womma 09

  • 1. Social Media 4 ROI A Case in Proof: MyVenturepad.com Developing and Managing a Social Media Site for Small and Midsized Business
  • 2. Best Practices in Social Media Marketing: Business Outcomes, Success we can Measure! 1. Awareness and Buzz including mentions in Mainstream Press 2. Featured questions on LinkedIn to generate on the order of 20% of our net new prospects 3. Over 100 influencers on board including reach to hundreds of thousands of followers on twitter 4. Filling the sales pipeline to the tune of hundreds of thousands of dollars. 5. Noted by leading thinktanks as a Best Practices for marketing to small and midsized business
  • 3. Who Where is your customer? Traditional marketing tools (sap.com, newsletters, ) = one-way push, limited reach Social Media Can Help Where potential target companies / customers are associations Peers Chamber of commerce partners Sap. com
  • 4. Where Who are your influencers? Identify, Engage, Leverage, Measure. Classification ofInfluencers Research & Thought Leadership: Swath Influencers: Web 2.0: Case studies, research, high magnitude, C-suite, Compliance Market segment-specific MVP bloggers, social networks, feeds CommunityofInterest Accountants, Attorneys, SME business professional advisors VC and Private Equity Women Executives, Women Managed Entrepreneurs, Regions Domain-specific, CRM, BI, ERP Social Networks, SaaS Accounting: xxx Legal / Compliance xxx Xxx xxx Business Analytics xxx VC: Xxx Xxx Xxx PE xxx Women: Xxx xxx xxx China xxx YEO: Xxx Xxx Xxx Xxx xxx Regions: Xxx xxx CRM Xxx xxx BNT4SME Xxx xxx Business Analytics xxx ERP xxx Social Networks MyVenturepad LinkedIn Facebook Twitter YouTube SaaS Xxx Xxx xxx
  • 5. 1:MANY:1 - Creating Meta-Conversation: Targeted, purpose-driven, online community Results! podcasts blogging commenting micro-blog WordFrame discussion LinkedIn You-Tube Twitter Email newsletter surveys white papers webinars video itunes connections profiling Activities Platforms Meta-conversation * All linked by brand wikiwikis
  • 6. Objectives for the SME Community: Address the Pain of Small and Mid-sized business Objectives for SAP: Increase SAP brand awareness in the SME market Aggregate bloggers and influencers of interest to small business Establish SAP as a trusted advisor to small business Create and drive lead generation for SME sales
  • 7. MyVenturepad is BIG News for emerging growth companies! MyVenturepad is a moderated online growth business community for 2000+ owners and managers of small and midsized companies, and for the professionals who advise them. Its produced by SocialMediaToday, the leading bloggers/thinkers on Social Media and Web 2.0, and sponsored by SAP. Its a great place to find answers and insights to help you manage and grow your business. By registering for the site, youll be able to connect with some of the worlds best bloggers and influencers of growth companies. MyVenturepads sub-communities drive topics such as Deal Makers, Finance, Green Business, Managing People and Leadership, which will help you focus on whats most important to you. Join the conversation! http://www.myventurepad.com MyVenturepad: Letting the Conversation take shape
  • 8. MyVenturePad (MVP) Promotional Assets BANNER AD: Promotion for SAP Hard Offer: Fast Start for SAP All-In-One BADGE Promotion: Economic Stimulus package eBOOK BLOGS: Blogger Outreach, Achieving hundreds of views, featuring 100 influencers, includes a few SAP spokespeople.
  • 9. MyVenturepad Growth and Milestones: 2000+ members 24 ms: 11/09 #ofcommunitymembers(SMEs) Time 12 ms: 12/08 18 ms: 06/09 Phase 1: Intro MVP Membership: 500 by April, 2008 Seismic Event: Key influencers added: Seth Godin, Jeff Cornwall, Guy Kawasaki etc. Produced Social Media to Grow your Business Webinar with Seth Godin. Phase 3: Leverage & Demand Gen MVP Membership: 2001 SMEs by June 24, 2009 Seismic Event(s) eBOOK: What the Economic Stimulus package means for Growing Business SAP, MVP and SCORE.org drove 250 leads -> SME Funnel sap.com 500 more leads Over 10000 uniques per month consistently Phase 4: Global MVP membership: 3500+ January 1, 2010 ~ Seismic Event (s) ByDesign GTM China Language Spanish language Region-specific (BRIC) 100015002000500 6 ms Apr 08 Phase 2: Demand Gen MVP Membership: 1200 by December 30, 2008 Seismic Event(s) Weathering the Economy paper and webinar series. 972 leads for total event 200 new leads for SME funnel through MVP Nov07
  • 10. Blogger Outreach through SAP and MyVenturepad bloggers Weve initiated Blogger outreach to SAP bloggers and MyVenturepad bloggers to get their followers to join up and participate in the webinar. They place this badge and other assets on their websites, and blog & tweet about us, and more
  • 11. Other Channels Weve Leveraged Include: LinkedIn: The Featured Question, The Poll...
  • 12. Twitter channel. How the Influence Flies Our message Influencers Customers Social Media Today twitter API SAP Team @PGreenbe: SAP took some business leadership, rather than following the easier path of technology sales, during the current crisis @GuyKawasaki: SAP and MyVenturepad The Stimulus What it means for your business. http://Bit.ly/kpqpwl SAP Partners & Customers Influencer Engagement Models
  • 13. How to Build and Engage a Community of SME Influencers Engage influencers in Creative and Meaningful ways Promote active engagement, enabling SMEs and growth companies to solve critical business issues Listen, observe without actually inserting ourselves into the conversation
  • 14. Tweaking It: Social Network Fine-Tuning Builds Participation, Leads and Buzz 息 SAP 2007 / Page 14 While SAP/SMT team tracked comments and the subsequent interaction, we found too much competition in the broad market. A subset of the most popular influencers were those who targeted a slightly different segment of the small business market a segment more appropriate to SAPs goals That subtle shift among the posters, readers and community members prompted the team to quickly re-engineer the site and tweak MVP to better serve that audience and create passion and affiliation In the current market, where broad-based media is eroding rapidly, creating, developing and defending niche content will win the day. Andrew Heyward
  • 15. Leveraging MVP as a Platform for Lead Generation and Brand Building: Changing the Way We Do Volume Marketing Social Media Can Help Build awareness via word-of-mouth Engagement by conversation Drive higher volume via broader reach Enable fast monitoring & feedback Hypothesis Experiments Jun ~ Jul 2009 Sep ~ Nov 2008 Disclaimer: Still early & evolving, still learning, limited experi., mostly campaign focused
  • 16. Measuring the Results: Weathering the Economy Forum 10 thought leaders (economists, experts, SAP customers) What We Did: 1,000+ registrations Plus: online responses webinar attendees marketing leads prospects new contacts existing prospects 3 live webinars (Sep 25th, Oct 22nd, Nov 20th) 2 online forums (myventurepad.com, LinkedIn.com) WTE Forum Campaign Generated Media Interest: Discussion Forums, Blogging, social networking, Twitter, etc. CTO, PolyGlass CEO, Social Media Today Director, Professor, PSU CEO, Jana Matthews Group
  • 17. Buzz and Awareness By Word-of-Mouth 6,000 followers 150,000 followers 2,200 followers Ross Dawson Blog Marketing Interactions Blog Small Biz Survival Blog MVP blogger outreach Broadcasted by 10 bloggers Picked up by major press Twitted by SAP4SME Twitted by Guy Kawasaki Re-twitted by 15 Twitters 109 Registrations + press coverage 99 Registrations
  • 18. Engagement By 2-Way Conversations 4 LinkedIn Featured Questions 1,500+ responses / comments LinkedIn Discussions Comments from 20+ LinkedIn Groups 50+ Registrations 90+ Registrations
  • 19. MyVenturepads KPIs: Double Digit Growth, Cost per Lead, Filling pipeline Milestone Description Registered Membership 2300 + small and mid-sized companies as registered members September Visitors - 15,500 unique visitors via 119 sources and mediums (linked-tos via)... twitter, facebook, etc. Page Views: 209740 Page Views, 30% returning visitors Average time September 2009: 3min 23 seconds Countries Top Visitors are US, UK, Canada, DE, India, Australia, CI, Ire, Phil, Sing. Influentials (Bloggers): 100 total #Blogs and Comments... Roughly 35 posts per day on average. 1.5 comments per day. Sales Qualified Leads 327 Pipeline Revenue $ hundreds of 1000s from social media for the campaign Double Digit growth per month!
  • 20. Thank you. Margot.Heiligman@sap.com @sap4sme @mheiligman Robin@socialmediatoday.com @socialmedia2day