A new SaaS metric for demonstrating the ROI of community
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Re: A new SaaS metric for demonstrating the ROI of community
#2Re: A new SaaS metric for demonstrating the ROI of community
#3This is cool! We used the word "love" a lot at DigitalOcean as one of the key/core values for how we thought about customers and community. Curious - how do you think of blogs and content marketing w.r.t this? Is that a "big marketing effort" or does it fit into community?
Right on! We think the language we choose for our frameworks has many downstream effects, and we specifically use "Love" (versus something like “engagement”) in the Orbit Model: https://github.com/orbit-love/orbit-model
> "how do you think of blogs and content marketing w.r.t this? Is that a "big marketing effort" or does it fit into community?"
There’s definitely lots of overlap between content and community, and generally we don’t try to draw hard lines, as context matters so much.
For the purposes of this question, though, we can think in terms of a spectrum. On one end, all content would be community-generated, and on the other, all content would be produce and distributed by the company.
In most cases, you’ll have a mix of both.
In the case of NRG, the formula discussed in the article, the question is “how fast are we growing before layering on incremental investments in sales and marketing.”
For the purposes of this metric, I think the spirit of the law would say that company-generated content would fall outside of scope, but stuff that folks in the community were organically creating could reasonably be included.
Re: A new SaaS metric for demonstrating the ROI of community
#4Re: A new SaaS metric for demonstrating the ROI of community
#5objection 1:
this NRG formula – i dont know. as you already note, its kinda indirect what is attributable to product centric upsells, and content marketing SEO. i understand that you can make the case that all this comes from community work, but it can feel like a landgrab to the other people who already do this job and dont exist in the "community org". (of course people shouldnt be that political, they're all on the same team, etc etc). it's less useful because Product, Marketing, Community all could feasibly lay claim to this same metric, and importantly, when its not doing well, they each can blame the other.
objection 2:
internal politics aside, i think my primary source of discomfort comes from 2 angles - A) punting the "what is the value of community" question to the "what % of our signups are organic" question (which as we know is often up for manipulation/debate), and B) ARR from services doesn't count?
anyway, its no worse than the nothing we currently have, so i think a worthwhile exercise, even if not objective.
Re: A new SaaS metric for demonstrating the ROI of community
#6Re: A new SaaS metric for demonstrating the ROI of community
#7This is cool! We used the word "love" a lot at DigitalOcean as one of the key/core values for how we thought about customers and community. Curious - how do you think of blogs and content marketing w.r.t this? Is that a "big marketing effort" or does it fit into community?
Re: A new SaaS metric for demonstrating the ROI of community
#8Re: A new SaaS metric for demonstrating the ROI of community
#9This is cool! We used the word "love" a lot at DigitalOcean as one of the key/core values for how we thought about customers and community. Curious - how do you think of blogs and content marketing w.r.t this? Is that a "big marketing effort" or does it fit into community?
As a customer: the content DO makes definitely makes me "love" it more. This is rather due to the format, many guides are exactly what I need, presented in the right way for the audience. No uselessness or BS. This suggests a good company culture, i.e. I believe that the company is good, not just the product.
Re: A new SaaS metric for demonstrating the ROI of community
#10so first of all i love the work you folks are doing to map out this very difficult problem, i think the 4 level orbit model is bang on and i tell everyone about it every chance i get. objection 1: this NRG formula – i dont know. as you already note, its kinda indirect what is attributable to product centric upsells, and content marketing SEO. i understand that you can make the case that all this comes from community…