ROI on Community?
Options
Brian O'Keeffe
Member Posts: 199 Expert
It's hard to define a specific ROI for community? How have you answered it?
5
Comments
-
@Brian O'Keeffe another great question! There are a lot of metrics that community platforms help you gather, but aligning them to other departments is always the trick.
Best way to start is to work with each department to figure out what they care about (new business, upsells, awareness, ticket reduction), and look at the analytics you pull that can be ties to those goals. It isn't the same for every leader, so understanding their main priorities is key.
Some potential segments to focus on:
Support/Success- CSAT - are customers finding solutions on your community (resources), increasing their 'happiness' with your product?
- Ticket Reduction - measuring first touch access (FAQs, etc) and determining the impact on reach outs to customer support
- Direct customer input on what they want to see
- How many ideas are coming in from your customers?
- Awareness focused, so looking at resource access, referrals, event attendance and location within the funnel
- Customer leads - how many customers in the funnel accessed community resources or joined the community?
- Company or user-generated
- Access and application
- Best practices
- Increased customer loyalty - can you align membership with the community (especially engaged membership) with retention?
- How are upsells of engaged customers compared to the unengaged?
Hope this helps!
2 -
Great question and timely as I am working on clarifying the same thing. Here’s a model I am pondering for customer success scalability. There are some assumptions to clarify/validate in this model, but here’s how I’m thinking about it. What do you think of this?
3 -
Thank you @Heather Wendt and great meeting you last week in Boston. You too, @Jay Nathan. I appreciate your update too. Nice meeting you in September in Miami!0
-
Yes! Hopefully we get to meet again soon.1
-
Jay Nathan said:Great question and timely as I am working on clarifying the same thing. Here’s a model I am pondering for customer success scalability. There are some assumptions to clarify/validate in this model, but here’s how I’m thinking about it. What do you think of this?1
Categories
- All Categories
- 179 GGR Information
- 154 GGR Cafe
- 19 Welcome to the Community
- 6 Badge and Rank Program
- 186 Specialized Groups
- 17 Future Customer Success Professionals
- 769 CS Conversations
- 188 CS Conversations
- 32 CS Operations Conversations
- 270 CS Org Conversations
- 29 Industry Insights
- 192 Strategy & Planning
- 58 Customer Journey
- 714 Technology and Metrics
- 276 Digital CS (Engagement Programs)
- 201 CS Technology
- 237 Metrics & Analytics
- 17 Value Realization