bwagy

I have discussed somewhat about building a community to enhance customer engagement (amongst many other benefits).

Given recent conversations I’ve had there appears to be a bit of a stigma around the labour investment in building a community.

So I wanted to highlight a recent example from Vodafone New Zealand.

They launched an online forum at forum.vodafone.co.nz August 1st 2008.

Investment was:

• $150 for forum license
• 3 people engaged over a month, checking in every now and again to keep an eye on it
• Link under Help on Vodafone website and a mention on Geekzone

Results:

• 250,000 visits with an average time of just under 4 minutes.
• That’s a whooping 1 million minutes/ month.  Or the equivalent of 697 days (back to back) of attention.
• 356 registered members and ~3000 posts (till Sept 17th)

From other forum’s Vodafone has run, they have found only 1 out of 5 questions requires an official response.

Over time the forum will build a repository of information that will provide answers to users without ANY extra work by Vodafone.

Isn’t this brilliant? What a fantastic way to help your customers.  I hope this makes others stand up and give it another look.

Oh and….

If your trying to figure the ROI on that.  Compare the attention time on the forum vs the equivalent cost of having them dealing with front line staff OR cost of getting that amount of attention OR measure impact on brand loyalty OR measure the value of the feedback you receive.

You can see your return comes in many forms.  Measure what is important.

Great to see Vodafone trying new methods to help their customers, keep up the good work!

How much time do you command?

For example since launching this blog

I have garnered:

59,746 seconds of attention or 991 minutes or 16 and a half hours of focused attention.  Wow!

What would you pay for 16 hours of focused attention from the influencers in your industry.

I’ve paid:
1.5 hrs / week
a morning setting up this blog
a few hours preparation.
Maybe 20 hours all up.
Now imagine over the long run as my audience increases.  My investment remains relatively flat.

Look at that return on investment vs that fax flyer campaign you just paid for.

Oh, something else, Interaction! I have received 13 comments, 20 or so emails.  Compounds things a little.

What is that worth to you?