Friday, January 11, 2013

The Incubator Effect: Why Dell Does Social Commerce Better Than ...

The Incubator Effect: Why Dell Does Social Commerce Better Than Anyone Else image incubator11

It?s a bit rough and ready. There?s no flashing animation or pumping soundtrack. But this screencast presentation on Social Commerce from Sprinklr and Dell?s?Steven Tedjamulia is one of the most insightful things I?ve watched in a long, long time. In it, he focuses on the five core elements which have made Dell real innovators?in this field:

1) The Oprah effect ? leveraging the power of influencers.

2) The Incubator Effect ? see below.

3) The About You Effect ? making sure your campaigns are personalised?and interactive.

4) The Big Effect ? using all the data at your disposal to serve each customer exactly the right content and experience.

5) The Optimal Mix ? social networks, the wider internet, your own website: online is now a multichannel environment in and of itself.

So, let?s go back to 2)??The Incubator Effect?, which is covered from 03:05 onwards ? because that?s the bit that absolutely nails it for me.?In a marketing environment where we?re all faced with so many choices (and where campaigns can often take an eternity to get going), how do you decide what to do? Steven?s answer: ?experiment more often? Leverage the different technologies that vendors are creating? then try to go to market as fast as possible, experiment with real customers, track that and add kerosine to the things that work.?

In layman?s terms: throw things at the wall and see what sticks.

That might seem obvious, but it?s actually incredibly brave. It?s easy to dance around ideas without committing but, until you actually take action and see a strategy?s effect in the real world, it?s all just hot air. Famously, Dell took this approach even further with their inspirational?IdeaStorm?site (which set the?precedent?for idea-sourcing initiatives such as Starbucks? My Starbucks Idea?and even President Obama?s OpenGov) ? ensuring there?s no end to the ideas they can trial from one month to the next.

So ask yourself: when did I last try something genuinely new? When did I last experiment? If the answer is ?a long time ago?, well ? there?s the wall? start throwing.

Source: http://www.business2community.com/social-media/the-incubator-effect-why-dell-does-social-commerce-better-than-anyone-else-0373847

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