Blogging
was one of the first Web 2.0 tools to “cross the chasm” from consumer to
business use, but for some has taken a back seat to newer channels like Twitter
or Facebook. Yet while adoption among
the F500 is slowing (see here), in terms of ROI, blogs continue to deliver, and
in fact scored the highest in terms of delivering measureable benefit for customer-related and partner/supplier
purposes vs. other technologies (Video sharing, RSS, social networking, Wikis,
podcasts, ratings and 5 other Web 2.0 tools) in McKinsey’s comprehensive 2009
Global Survey focused on Web 2.0.
So
corporations have reason to continue investing in blogging – but what about
vendors? When I was CMO at eVergance (acquired
by KANA Software in 2007) and we launched the “evolved thinking” blog in 2008,
our objective was twofold. The first goal was to provide a forum to share the
thoughts of our excellent team of practice leaders - including Esteban Kolsky,
whose current blog is required reading in Social CRM circles.
The second was to engage in discussions with clients and prospects as a continuation of dialogs started in our in-person “knowledge sharing days” and even an extension or backchannel to sales discussions. This second goal was somewhat harder to “engineer” but became a key part of nurturing relationships, showing our “chops” and persisting conversations that may have begun on a Webcast or live event or even during a product demo.
What
was also clear from this experience is that good, regularly published content
is necessary but not sufficient to create a well-read and even highly ranked
blog. Promotion, cross-links and even
outright recruitment of readers is equally important! Blogs are just another channel, and like
“traditional” media rely on reach and
frequency to create an impression. Good content doesn’t matter if no one reads
it. And the more you engage via active
comments and replies, the more the channel shifts from a communication channel
to a true Continuous Relationship
Marketing channel.
So how
are vendors doing today in leveraging the power of blogs to engage with the
market? As part of a new study, I’ve
been looking at how a selection of top CRM vendors are using social media to
engage with customers, or are “walking the walk” so to speak, via their corporate
blogs, Twitter and LinkedIn to start. In
terms of blogging, just having one is only a ticket to play. It’s actually more interesting to see how
they are being used and maintained, so I decided to look first at the number of
posts and comments in each (since the start of the year) as a proxy for
“frequency” and “reach.”
No, I
did not look (yet) at traffic, but feel that these two measures should give us
a feeling for who is investing in this channel, and who has (perhaps) moved on
to other social channels or forms of online interactions like forums. Here’s some of what was found – note that
numbers are current as of the middle of last week and any errors in
representation are mine not those of the vendors.
Several vendors stand out and get top grades when it comes to their corporate blogs:
- SugarCRM - 39 posts; 40 comments
- Oracle - 39 posts; 6 comments
- RightNow - 11 posts; 25 comments
- Sage - 13 posts; 10 comments
- nGenera - 46 posts; 107 comments
Yes, I know the nGenera "wikinomics" blog is broader than CRM, but it’s the company’s featured blog. Several others (Amdocs, Chordiant, Consona [3 separate blogs], NetSuite, and Pega) have semi-regular posts, but NO comments so far in 2010, so get an “incomplete.”
And a few others have opted for a newsletter-type format (Ciboodle, SalesForce)
or offer no blog at all (eGain, CDC). I
know I’m missing a number of vendors, so feel free to make suggestions or even
include links for me to check out in your comments.
Next up,
I’ll plan to discuss how these same vendors are doing with their corporate Twitter channel.
Great post, Allen.
One thing that you do in here that I want to amplify is that you distinguish between blogs that have comments and blogs that are in the "newsletter" format. An important element that Mitch Lieberman and I have been discussing is the intent of a communication. It makes a difference in Social CRM practice whether you're using a blog as a newsletter or using it as a medium for dialog. A blog that's a newsletter is really no different from your corporate web site.
The medium (blogging) matters less than the intent (dialog).
Phil Soffer
Lithium Technologies
Posted by: Phsoffer | 03/29/2010 at 07:07 PM
Allen,
Good information, timely (as Phil mentioned) and a conversation worth having and extending. But, that is the point, right? On almost any topic, conversations push forward the thinking and there is a real benefit. I do also appreciate the mention. I believe that SugarCRM is going to get better at this, as it is important. Smart people like yourself are also pushing the conversation, in a very professional way, suggesting how things can and should be done.
I would also like to suggest that many conversations can and should be platform agnostic. I recently opened up a topic, Phil commented on a SugarCRM blog and I continued the conversation both on his blog and I wrote a follow-up piece on a third party site (CustomerThink). The conversation actually started on a Google Group, hosted by Altimeter. While this particular topic may actually have been a little scattered, many folks summarized the conversations AND (this is a really important point) gave attribution back to the genesis of the conversation.
My extra tidbit here, it is not only about what you say on your blog, but how you participate in the conversation when it is not on "your domain". I am very comfortable in stating that I spend a lot of time 'elsewhere', not in a vendor specific way, rather just to participate. Phil is clearly an example of that as well. Because this is a metric which currently defies easy measurement, doing it just 'feels right' but that can be a hard sell. The intent needs to be transparent as well, pushing thinking forward is a good thing for everyone.
Thanks for the platform!
Mitch
Posted by: twitter.com/mjayliebs | 03/30/2010 at 10:55 AM
Some good points Allen. I would agree with Phil's point above that the intent matters more than the medium, and add that, for vendors that actively pursue the scrm market, intent - or engaging in dialog - reflects their understanding of the nature of that market.
Nitin
Posted by: Nitinbadjatia | 03/31/2010 at 06:55 PM
Awesome post! Thank you. crm
Posted by: Account Deleted | 09/27/2011 at 08:40 AM