Who doesn't like to hear themselves speak?

Fifteen years ago or so I was introduced to the Myers Briggs personality testing and found out that as part of my personality type I tend to start talking and as the conversation and blurting of ideas comes out I am able to better formulate ideas and validate more of my beliefs. Good or bad in some settings but perhaps I

am one of those guys that likes to hear themselves talk. Well, the joy of a blog is I can usually do this in a couple drafts and spare you the bulk of the bla bla bla... Ok so why am I telling you this story? ...well it occurred to me that this is essentially the same thing Social CRM or web 2.0 and Social Media is doing but on a much grander scale. The blogosphere started this with an often strong opinionated writer posting articles for others to comment on and discuss. I love Linkedin.com and I engage there in several conversations with likeminded experts quite often. It is always fun when someone throws a little red meat into the debate and stirs the emotion. With twitter, social portals, rich media sites like Youtube and UStream etc. and the new promise of Google's WAVE and many other emerging technologies, I think we are seeing even more blurt it our discussion that will eventually shape broader opinions. It has already had a big influence on world politics and social trends but I think we are at the very beginning.

Interesting facts: Twitter grew a massive 1,928 percent in the US from June ’08 to June ’09, now reaching a total of 21 million monthly unique visitors. acebook, which Nielsen recently reported sucks up more time than any other website, leads all social networking sites with 87.3 million unique visitors in June.

Power to the people

This "Green Technology Revolution" of Social CRM or as I have been coining it "Customer Conversation Management = CCM" will bread a new generation of transparency , "power to the people" and consensus opinions. I am sure there will be plenty of sheep and wolves in the mix but in general I think folks already trust a more real conversation with less "slick" production value. Not that we should degenerate our messages or deliver poor quality media to communicate with our customers but they will be looking more for the honesty, emotion and compelling information in your message vs the slick presentation.  I think the days of the snake oil salesman are over since with this transparency it will be hard to get away with not delivering the best possible customer service or pulling off bait and switch transactions. Overall the customers have access to more information and will more and more over time dictating the terms of the transaction since they have instant access to global competition. This is going to push vendors to be more proactive in delivering value and honing their knowledge resources to provide the best possible customer engagement. This is a good opportunity for CRM venders since small and large businesses alike will need these tools to ride the wave and keep track of everything in a centralized web space.

The customer has the answers already

Getting back to my point about the conversation, my wife just took a coaching/mentoring class and I interact with a lot of coaches daily online and via the phone. One of the things a good coach or councilor does is to get you talking about your pains and troubles. They realize that you actually have the answers to your own challenges and if they can guide you and get you to convince yourself of the best solutions or what you need to do to achieve them, then they achive success. In turn this means that they will have delivered to you a service of value.  Social media is much like these therapy sessions if you use them right.

Why is twitter and Social CRM important to me?

I often get asked "what is twitter? I don't get it! Why do I want to hear about when someone goes to the mall or gets a cup of coffee?". Well let me give you an example. I started on twitter to promote our blog. What I wanted to do is not have a conversation with myself and unless you are wired up with some kind of networking group essentially a blog can be a very lonely place. So I started posting ideas here for review and sent tweets out to let folks know the information was here. Cool so not some folks are reading the blog but how does this add value to my business. Well I think in this socially aware globalized world we live in that folks are getting very tired of sales pitches. I know I am.

Back to the future... and you find get to the basics

Think about how business was done in the old days. You would join a social club, find out how you could network with folks in the club to build a relationship with a customer and then you would try to win their trust or get an endorsement and usually if you had the product or service they needed you could be on their priority list for engagement. Humm... sound familiar? Is this not what linked in and other social networking communities do? More and more I think we will see paradigm shifts on how Chambers and other associations or business groups interact with their constituents.

More than listening with a glass against the wall

With twitter we are having micro conversations with a larger more casual audience and brining them if interested into a conversation of more depth and meaning. Then if they are further interested we are able to engage in a more personal conversation via phone or email exchange. Then we go through somewhat of a Value Building proposition or needs assessment and the quality of the relationship right out of the shoot is much stronger and more meaningful.  The next step is to deliver on our promises and with this we have a better chance of healthy loyal customer relationships.

Customer Conversation Management

If we were to equate this to our personal relationships, think about the dating scene as the advertising world. We slick up our product and go to a night club to show off our wears... (push our product) then we hope there is an attraction and we connect. This often leads to a superficial or short lived relationship but rarely a long term meaningful engagement. Are not the best relationships start as friends and are built on trust and compassionate listening?

On the other hand with the right web tools and social network a dating portal can connect you with likeminded folks and in many ways prescreen your candidates. All you sales guru's surly appreciate more qualified leads to begin your conversation with. So when you look at Social CRM we are essentially talking about tools that manage the conversations that manage the relationships we want to build with our customers. I like to call this "Customer Conversation Management" or "CCM" of you like acronyms.

Do you need a new partner?

Since you have now read this article I have to ask if you want to join our conversation. My hope is that you will appreciate what we are saying and can contribute and share your ideas. If together we can form a consensus perhaps in the future we can talk about where we could add value to your business goals.