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    Elsevier Embraces Social Software to Compete in New Markets

    For businesses in any industry, entering a new market creates both new opportunities and challenges. It requires tight coordination and communication across organizational silos — from product development, to sales & marketing on the front lines.

    So when Elsevier, a leading publisher of scientific and technical journals, went to launch a new service aimed at academic institutions, they turned to Socialtext to keep their teams coordinated across different departments. And today, I’m happy to announce that we’ve published a full case study on Elsevier’s experiences.

    With social software, Elsevier has improved the quality of information sales people take to customers, increased the speed with which they can gather and analyze competitive intelligence, and decreased the time to implement product feedback from customers.

    “With Socialtext, we can keep everyone in synch and informed of critical changes in the market that their colleagues encounter when meeting with customers. Because Socialtext is flexible and easy to use, they can work with their colleagues on crafting the material and insight they need to win in this new market.”–  Yukun Harsono, Vice President, Product Marketing

    We’re really excited about this case study because it highlights a pain point that we think is pretty pervasive throughout many industries (like publishing): How do companies create opportunities in periods of intense change? We think social software lets employees take change and turn it to their company’s advantage, and we’re proud of Elsevier’s success.

    Serendipitous Signals: How Microblogging Helps the Sales Process

    The serendipitous nature of enterprise social networks continues to amaze me. Take what happened here last week here at Socialtext over our microblogging platform, Socialtext Signals.

    One of the reps on my sales team Signaled that she just gave a demo to a prospective customer at a very large company. Less than 5 minutes later, our director of marketing responded (via another Signal) that his brother is CIO at that company, and how can he help? An offline conversation ensued, an introduction was made, and now we are having conversations at a level we would have had to work 10 times as hard to get.

    People in your own company probably have a closer level of connection to your customers — and potential customers — than you might think. To make sure those connections happen, you need an open environment where you can ask questions, find the right people, and get answers. That discovery process is much harder without a tool like Signals. In e-mail, information becomes locked away. If our director of marketing, for example, hadn’t been CCed on an e-mail message about that potential client, we never would have found out that he had a connection there that could help.

    My guess is that a simple message — such as “I’m trying to get in to BigCo, can anyone help?” — to a company of 1,000 people will initiate responses from 5 – 6 people who at least might know someone. From relatives to close family friends to old acquaintances from past lives, they might have an in. In most cases, they will be stronger introductions than anything you’ll get from LinkedIn or any public social network.

    Selling is hard work. You need to have a lot of different moving parts all line up in order to get a signed contract. One of those things is getting all of the right people on board. This requires a lot of skill, planning, presentation and sometimes, a little bit of serendipity.

    About This Blog

    Weblog on gaining business results from social software.

    On this blog, Socialtext staffers and customers explore how companies can gain the most business value from their use of enterprise social software, including microblogging, social networking, filtered activity streams, widget-based dashboards, blogs and wikis.

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    Recent Posts

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    6 Ways to Achieve Business Goals from Social Software

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