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Online Community Success and ROI
Published on 15/05/07
by Will Pate
The questions I hear most from business about online community are where is the ROI, and how do we measure success? Finally, my colleagues Joe Cothrel and Bill Johnston have gathered public data about online community ROI that helps answer both.
- Community users remain customers 50% longer than non-community users. (AT&T, 2002)
- 43% of support forums visits are in lieu of opening up a support case. (Cisco, 2004).
- Community users spend 54% more than non-community users (EBay, 2006)
- In customer support, live interaction costs 87% more per transaction on average than forums and other web self-service options. (ASP, 2002)
- Cost per interaction in customers support averages $12 via the contact center versus $0.25 via self-service options. (Forrester, 2006)
- Community users visit nine times more often than non-community users (McKInsey, 2000).
- Community users have four times as many page views as non-community users (McKInsey, 2000).
- 56% percent of online community members log in once a day or more (Annenberg, 2007)
- Customers report good experiences in forums more than twice as often as they do via calls or mail. (Jupiter, 2006)
That's it. What Next?
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Comments on Online Community Success and ROI
6 Responses
Erik Hersman
23/05/07
Finally, a comprehensive grouping of statistics for me to use! Thanks for the overview and link.
Community ROI - a sensible view « The Bankwatch
24/05/07
[…] For the full list, go to Wills post here. Will Pate and colleagues have put together a good summary, researched online, of metrics that could be developed into something. I think the term ROI is a stretch for some of these items, and have said so before, but the concept of new metrics to respond to this space is highly valid. […]
Sean ODriscoll
03/06/07
I thought this was good stuff, but had a bit more to add today:
http://communitygrouptherapy.com/2007/06/03/where-for-art-thou-community-roi/
Sean
Bill Johnston
05/06/07
Hi Will,
Thanks for the post and the positive feedback.
Part of the intention with the presentation that Joe and I gave was to start the conversation about new (and updated) ways to talk about Community ROI. In particular, I am interested in getting to a set of models that contain generally accepted value points that we can all use in our efforts to evangelize community to our clients (both internally or externally).
Sean adds a lot to the discussion in the post he mentions above, from the perspective of a large software company.
We will be discussing this topic at the Online Community Unconference coming up on June 6th, and I hope to have the conversation spill out into an ongoing blog or wiki. The notes from the session will be published as well.
shashib
08/11/07
Great post and I am sorry I saw it so late. Will help me make my night job my day job by evangelizing the SOcial media
» ROI on Community Building Connie Bensen: My Conversations
17/11/07
[…] Will Pate presents these facts about online community ROI: […]
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