Social CRM: A Growing Segment
Yesterday’s post on Social CRM vendors not walking-the-talk raised awareness of this nascent space. However, not everyone was thrilled with the effort, as CTO John Moore gave us an A for effort but a C- for results, and Kim Kobza, the CEO of Neigborhood America (they were an early adopter) left a comment on John’s post suggesting we missed the mark (also, SAP ‘s passionate team strongly represents). Although we stand by our scoring, both John and Kim are right, our evaluation yesterday was only on a small subset of the industry, but a manageable starting ground, as we continue to unearth the variety of players.
Tracking the Market with an ‘Industry Index’
For a few years ago, I’ve created what I call my posts called the Industry Index (see all) lists to track companies in any particular vertical, it helps me, vendors, and buyers to track the space. I expect this space to rapidly increase in size as social channels will be bolted onto CRM vendors, and many brand monitoring and community platforms are adding workflow, triage, and tracking capabilities. The purpose of this list is to quickly capture the vendors participating in this space, and to acknowledge those that were not on yesterday’s review, I expect there to be many more vendors who leave a comment, which we can quickly add to this list.
We owe it to the market to try to include as many as possible, although it’s going to be very difficult as this space quickly grows. So first, let’s try to put some scope around this space with a definition.
Social CRM Definition
We prefer Paul Greenberg’s definition of Social CRM, which he summarizes as:
“CRM is a philosophy & a business strategy, supported by a technology platform, business rules, workflow, processes & social characteristics, designed to engage the customer in a collaborative conversation in order to provide mutually beneficial value in a trusted & transparent business environment. It’s the company’s response to the customer’s ownership of the conversation.” (also read his 2009 review of this space on ZDnet)
It’s a broad definition, but the key criteria he lists out are enough for me to go on.
List of Companies Providing Social CRM Offerings: (34 vendors total)
Traditional CRM Vendors offering Social Integration (11 vendors)
- ACT!: This barely fits the scope of social crm, but ACT! allows a single individual to manage multiple types of information, including social, however if this product was extended across an enterprise, it fits the quota.
- BatchBlue: While not a ‘traditional’ CRM like many of the others listed below, has traditional sales automation features, but also connect with existing social graph data, think social aggregation of contact lists. After watching the demo, it looks like you have to manually enter feeds of contacts, rather than auto-finding data from social graphs by scraping.
- Buzzient: Offers a CRM platform that provides social media analytics that can be used for web marketing, customer tracking, or reporting. They have partnerships with Salesforce, Oracle, and SugarCRM.
- Microsoft Dynamics: Offers Accelerators (here and here) that “Allows business professionals to monitor and analyze customers’ conversations on social networking sites, and as a result, provides real-time status updates about their products and services” (thanks Menno, who writes on the topic) They are also partnered with Neighborhood America
- NetSuite: Offers social CRM with a partnership with InsideView and has Twitter integration (submitted by Paul Greenberg)
- Oracle Siebel Social CRM: Promises the ability to provide insights based on the buying behaviors of similar customers, as well as shared content to be used between sales teams.
- RightNow CRM: Offers several features in their suite such as Support Communities, Innovation Communities, Cloud Monitoring, and Social Experience Design. Rightnow recently acquired Hivelive an enterprise community platform.
- Salesforce: Offers acces to Social Networking like Facebook and Twitter. Salesforce, like SAP is importing the Twitter “firehose” feed, and has offered social features like Q&A, and social networking like Chatter, and has lightweight LinkedIn integration.
- SAP CRM: Imports the Twitter firehose feed, and
- Sugar CRM: Offers “SugarCRM Cloud Connectors connect via Web Services to leading third-party data service providers such as Hoover’s, JigSaw and LinkedIn”
- We Can Do Biz: Offers traditional CRM features (although their website is a bit difficult to navigate) for SMB, and has a unique Twitter scraping feature that filters down by some level of geography and organizes records in the database. I had a briefing with them on Feb 2010. Added Feb 2010.
Community Platforms Offering Social CRM (5)
- Jive Software: Community Engagement, offers data integration from Radian6, encouraging management of the discussion.
- Leverage Software: I recall that Leverage offers built in integration with Salesforce, but I was unable to find it on their site.
- Lithium Technologies offers the Social CRM Suite offering features such as Community Applications, Reputation Engine, Actionable Analytics, CRM Connectivity, and Social Web Connectivity.
- Neighborhood America: Has had a partnership with Microsoft Dynamics, read press release, (they were early on in March 2009) and commentary from Paul Greenberg on ZDNet.
- Concourse: Offers a variety of integration modules to a variety of apps, including a CRM module that’s prebuilt. (via pjk54)
Brand Monitoring Offering Social CRM (4)
- Alterian: Offers workflow management capabilities with multiple users, emailed to me by Connie Benson, added Feb, 2010
- Radian 6: Offers brand monitoring tools that allow tools to discuss (Conversation Sidebar), triage, and manage disparate conversations, see Dave Fleet’s write up.
- ScoutLabs: Offers teams workflow ability to discuss social interactions.
- Visible Technologies: Offers CRM like features that allow teams to track, manage, triage, social conversations. Read Jason Falls take.
Social Media/Twitter Clients (2)
- CoTweet: Offers a variety of features that allow teams to monitor, manage, and triage conversations in Twitter, see features page.
- Hootsuite: Provides workflow, analytics, for teams to manage multiple Twitter accounts.
Social Customer Experience (4)
- CrowdEngineering: Helps to match experts to customer problems, by using a recommendation engine and skill resource set engine.
- Fuze Digital Solutions: Provides a broad and modular multi-channel customer care solution using a community knowledge base as its foundation.
- Helpstream: Offers tools that allow customers to submit questions to each other, with integration into SalesForce in addition to community driven knowledge centers. see video.
- Parature: Offers chat-like features for support reps to interact with customers, then measures sentiment.
- Get Satisfaction: Is an off-domain (all the support is done on their site –not yours) community that now offers premium features that offer ability to manage discussions.
Sales 2.0/Social Graph Aggregation (6)
- Flowtown: Allows marketers to prioritize targets to contact by a variety of influence scores, and their social graph. It then offers targeted email marketing based on those two criteria.
- Gist: Offers a way to track the social behaviors of your customers and prioritize.
- InsideView: Offers some unique offerings that mine a business social graph to provide alerts as a plugin to traditional CRM systems, Watch this lengthy demo.
- Roving Group: Offers a product called ‘Roving Contacts’ that aggregates the social graphs and contact information from your address book.
- SocioToo: Not the typical corporate enterprise company, this Dutch company offers a search page (and no real corporate site –by intent) that mines social graph data in public.
- Xobni: This cleverly named (opposite of inbox) Outlook plugin scrapes your social graph and most frequently emailed contacts improving email utility. This barely falls within the scope of social crm, but if the data was able to export to other systems, it could start to apply.
CRM Applications and Plugins (2)
- Appirio: Offers the ability for companies to create applications on Facebook which then marry data back to Salesforce, called Cloud Connectors.
- SocialCRMTools: Offers integration with Salesforce that imports, monitors, and manages Twitter, Facebook and LinkedIn. (via John Perez)
Social Networks and Others
- Twitter: Has made motions they plan to offer premium services to brands, that would offer verified accounts, then management-like features. The specifics are still unknown, as they sort out their business model. They have partnered with Google and Bing.
- Google has announced real time search integration, and Bing has shown some early integrations. While far fetched we should not completely rule them out as eventually building a dashboard for brands to manage their namesakes, advertising, and website analytics, or Google alerts. Historically, they generate money off content created by publishers, so this actually falls in line with ‘organizing the world’s information”.
Tracking Changes:
- Feb 12,2010: Added WeCanDo.biz after a briefing, and Alterian.
Not on this list? Leave a comment, with justification why you fit in Paul’s definition with a link to your site explaining more, I’ll take a look and add to it, please be patient while I review. Also, if you want to brief Ray and myself, please read and submit to this briefing form.
Update: Business Partner Ray Wang and I have created a more detailed matrix of this space for our clients.
Hi Jeremiah, Nielsen also has workflow as part of its My Buzzmetrics brand monitoring dashboard.
Hi Jeremiah, Nielsen also has workflow as part of its My Buzzmetrics brand monitoring dashboard.
Thank you for the Social + CRM shout-out to Kim Kobza and the Neighborhood America team (via @JohnFMoore). We appreciate the mention, Jeremiah.
Thank you for the Social + CRM shout-out to Kim Kobza and the Neighborhood America team (via @JohnFMoore). We appreciate the mention, Jeremiah.
Concursive Corp., http://www.concursive.com, is a technology company that has created a branded social media platform that enables different classes of users to create individual communities around their brand or themselves. Businesses, organizations, people, partners can build unique, branded communities within the larger Community. This social application is integrated into our 10 year old, world class CRM, so that all activity within the community is reflected inside the CRM and can be acted upon through email/direct mail marketing campaigns.
Concursive Corp., http://www.concursive.com, is a technology company that has created a branded social media platform that enables different classes of users to create individual communities around their brand or themselves. Businesses, organizations, people, partners can build unique, branded communities within the larger Community. This social application is integrated into our 10 year old, world class CRM, so that all activity within the community is reflected inside the CRM and can be acted upon through email/direct mail marketing campaigns.
An interesting list but there is something missing. True Social CRM by way of WeCanDo.BIZ's WeCanDoCRM. This is live and is free for large parts of it. I will say I am the COO and as such have a vested interested but we have had some great reviews and our Twitter Sales Leads Tool is causing a huge buzz. I would be happy to discuss it with anyone.
Funny the articel doesnt mention ZOHO Crm
Funny the articel doesnt mention ZOHO Crm
Funny the articel doesnt mention ZOHO Crm
Jeremiah-
Thanks for the quick response-
Jeremiah-
Thanks for the quick response-
For monitoring, you should include Techrigy SM2.
For monitoring, you should include Techrigy SM2.
excellent overview, jeremiah. What's your take on Microsoft looking glass? understand its in beta. Any initial thoughts?
excellent overview, jeremiah. What's your take on Microsoft looking glass? understand its in beta. Any initial thoughts?
Dave, thanks for that. Feedback from true power users like you is what's helping us continue to push the envelope, and the CRM space is one we care deeply about. Wiring the enterprise for social is a big part of our focus, so thanks for continuing to make us better at it.
Dave, thanks for that. Feedback from true power users like you is what's helping us continue to push the envelope, and the CRM space is one we care deeply about. Wiring the enterprise for social is a big part of our focus, so thanks for continuing to make us better at it.
I like how you've categorized the players Jeremiah. Because of the ongoing maturation of the industry, it's clear that different segments are developing, new segments are being created, and old segments are being adapted. As we move forward, it's also becoming evident that the word “social” and the phrase “social media” is becoming as generic and as thrown around as the phrase “web 2.0” or, harking back to the early days of the CD player, the word “digital ready”, which was stamped on practically anything to do with audio from headphones and speakers to stereo cabinets. I think the companies that will be successful in the long run are those that truly get social. As for the old stalwarts who think “we better add some social ingredients to our old school product” the jury is still out.
Scott Oppliger
President & Founder
SocialVolt, LLC
Hi Jeremiah,
My company Intelliworks offers a CRM platform designed to enable higher education institutions to more effectively recruit and enroll students. Last year, we introduced our Social Marketing extension which allows colleges and universities to publish content to social networks and manage inquiries submitted through their Facebook Fan Pages directly from the CRM.
http://www.intelliworks.com/features/social_mar…
Hi Jeremiah,
My company Intelliworks offers a CRM platform designed to enable higher education institutions to more effectively recruit and enroll students. Last year, we introduced our Social Marketing extension which allows colleges and universities to publish content to social networks and manage inquiries submitted through their Facebook Fan Pages directly from the CRM.
http://www.intelliworks.com/features/social_mar…
thank you
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mirolar
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mirolar
Jeremiah,
In addition to being able to build community throughout a company's web experience, as well as in social systems (like Facebook), we have proven partnerships with CRM providers like Salesforce, Parature (service/support), and Zendesk (trouble ticketing). With our Twitter integration feature and a Facebook integration (to launch on March 1), GetSatisfaction is a strong option in the social CRM category.
Hi all,
I'm interested to hear from any suppliers who would like to get their message across to 100+ Directors of eCommerce, Heads of Online, Marketing Directors, Directors of Customer Experience & Directors of eBusiness.
We have a new event being launched on 6-8 September in London called Customer Experience Online. The event is focused on providing the above job functions from global finance, telco and retail industries (predominantly) the opportunity to discuss strategies, solutions and best practice for improving the customer experience and delivering competitive differentation through social media, eCommerce strategies and the user experience.
If you'd like to know more about the event and the range of bespoke sponsorship packages available, please feel free to contact me on +44(0) 207 368 9890/ abigail.stern@iqpc.co.uk.
Early confirmed speakers include:
¢ Bruce Daisley, Head of YouTube and Google Display UK
¢ Benjamin Braun, Head of Online Services, British Gas
¢ Andrea Wieber, Head of International Web 2.0 Project Management, Deutsche Telekom
¢ Guy Stephens, Knowledge Manager & Head of Social Media Programme, Carphone Warehouse (are you ok for me to list you as this for now?)
¢ Professor Moira Clark, Director, Henley Centre for Customer Management, Henley Business School
At work, I use something much more productive called “LinkPoint Vue”. It™s similar to some of the options above, but it shows more details about the sender from our CRM system and allows me to create and open records. That™s the big win for me if the email requires an action, I can initiate it from right there. For example, I can drag the email signature into Vue and it would create a new contact with the fields filled in with the details of the signature. Just as easily, I can open an opportunity related to the sender so that I can convert it or I can push the email into the CRM for others to see. Very smart!
Outstanding Customer Service is an evolutionary process that can take months or even years to develop. Improving customer satisfaction has to start with the culture from executive management down through the organization. It must be entrenched within the company so that every decision be focused on what the client needs, wants or demands.
From the product line to the receptionist, your customer face should always carry a consistent message of service and quality. If these messages are not conveyed at every level of the organization, your customer will eventually find your competitor and go elsewhere.
Gravity Garden
http://gravitygarden.com/build-customer-loyalty…
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Hi Jeremiah.
“At Intelestream, we've just launched intelesocial as part of our intelecrm 3.0 roll-out. Not only does it feature Facebook, Twitter and Linkedin integrations but also tools such as ping.fm updating, Social Mention monitoring tools, not to mention, collaborative offerings in the shape of Friendfeed and ShareThis. intelesocial tears down barriers by marrying these external social integrations with enterprise 2.0 collaborative tools, to make customer interaction even easier.
Please take a look at our website for more details: http://www.intelestream.net/en/prod-intelecrm/social-crm.html
Thanks,
Matt
Best free social CRM is Bitrix24 IMHO.