For Business Process & Applications Professionals (Length: 25 pages)

June 30, 2009

The ROI Of Online Customer Service Communities

A Total Economic Impact™ Analysis Uncovers Big Benefits From Social Technologies

by Natalie L. Petouhoff, Ph.D.

with Chip Gliedman, William Band, Andrew Magarie


Executive Summary (This is a document excerpt)

Consumers are rapidly adopting social media communication technologies and behaviors. Customer service professionals are beginning to look at incorporating these collaborative tools to deliver better customer experiences at a lower cost. This approach seems to have great promise; however, there is little documentation at present on the cost-effectiveness of incorporating social strategies and technologies for businesses. Forrester talked with early-adopter companies and reviewed the solutions from leading vendors to understand the variables to consider for determining the business value of online communities for customer service and support. The early evidence indicates that social technologies are a sound choice because they provide an attractive ROI in a short period of time while delivering better customer experiences.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemOrganizations Venture Down The Social Computing Path For Customer Service

itemFour Factors Determine The ROI Of Online Customer Service Communities

itemCalculating The Value Of Online Customer Service Communities

itemOnline Customer Service Communities Can Deliver High ROI

itemFlexibility: Deploying Customer Service Communities Provides Future Value

recommendations

itemDefine Your Customer Community Goals

itemSupplemental Material

Forrester interviewed and studied more than 20 companies, including AlterPoint, Carphone Warehouse, DIRECTV, Fair Isaac, Helpstream, Infusionsoft, Intel, iRobot, Jive Software, Lenovo, Linksys, Lithium Technologies, Logitech, NetApp, nGenera, OSIsoft, Palm, Parature, Pitney Bowes, RightNow Technologies, Sage Software, SanDisk, Seagate Technologies, Sprint, Symantec, Telligent, and Verizon. We used this information to create an ROI model based on Forrester's TEI analysis framework.

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Analyst: Natalie L. Petouhoff, Ph.D.
Technology: Customer Experience, Customer Experience Management, Customer Relationship Management, IT Spending & Budgeting, Packaged Applications, Social Computing & Web 2.0, Total Economic Impact™
Geography: Asia Pacific, Europe, North America

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Ratings and Comments
Rating: 9 out of 10
based on 11 ratings across all roles.
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