3 Years Later: Did Social CRM Deliver?

Posted on March 24th 2013

3 Years Later: Did Social CRM Deliver?

Cast your mind back to 2010 - it seems a long time ago, doesn’t it?

Let me jog your memory: Dubai unveiled the world’s tallest building — The Burj Khalifa, Haiti was rocked by a huge earthquake, Greece got its first bailout package, and thousands of air passengers were stranded due to a particularly persistent Icelandic volcano.

In the marketing world, a new buzzword was doing the rounds: ‘Social CRM’

Hailed as ‘the new frontier’ by IBM, it became the topic of much research, and countless articles on sites like this one. The Social Media Examiner defined social CRM as ‘a strategy based around customer engagement and interactions, with transactions being a by-product.’ 

Do the figures support the fad?

Three years on, as social media becomes an ever more integrated part of customer relationship strategy, this new infographic looks at the key figures behind the social CRM phenomenon, including:

  • 40% of consumers believe social media improves customer service

  • Every dollar spent on CRM returns, on average, $5.60


Figures and infographic collected by Eloqua, authors of the Grande Guide to Social CRM for Business

Image

Figures and infographic selected from the Grande Guide to Social CRM for Business

aua745

Ahmed Ahmed

Based at UK communications agency Clarity, Ahmed manages PR and social media for a number of clients in the beverages and events industries, and has marketing experience in B2B, travel and food. Find him on LinkedIn, Twitter and Google+.

See Full Profile >