#MLMmonday 216: Why Predictive Actions
Posted by naxumadmin / November 16, 2021
The predictive technology our team at NaXum has been bringing to direct selling companies was featured last week in the Entrepreneur Almanac and I wanted to share this article with you: https://entrepreneuralmanac.com/2021/11/11/naxums-ceo-ben-dixon-shares-how-predictive-actions-are-giving-companies-daily-insights-they-have-never-had-before/
We wanted clients to have real data on exactly ‘what’ messages and posts in social media were actually making a difference in growing the brands. If we wanted to track the promoter’s actions, we would need to create an app so compelling that the promoters would actually want to use it daily. That was when we asked the question, ‘what would it take to create an experience that felt like a top leader, sitting next to the newest person on the team, suggesting what they do next?’ and predictive actions were born.
The Basics Of The Engine
1) Daily Goals
The process starts with members committing to daily goals.
By committing to daily goals, we can nudge team members to engage daily, and for those promoters who do engage daily, we can reward them with streaks, badges, and recognition.
2) Gamification
The community effect around reporting actions team members in the tribe is taking, all lend to the gamification inside the experience of a company-branded APP from NaXum.
More than just points and badges, companies can now recognize and display activities like, who’s making the most phone calls? Sharing the most on social media? or even, watching the most training videos?
3) Top 3 Actions
By limiting the ‘scope of decisions’ the promoter is prompted to make to simply the ‘top 3 suggested actions’ the engine can focus the promoter’s attention on the exact places they will make an impact now.
When we designed the interface for predictive actions, we wanted members to simply be able to flip between two lists with their thumb of the top 3 actions. The primary list would be prospects, people who have not enrolled as retail customers or as promoters in the referral marketing business. The second list would be members, the people who have become a retail customer or promoter.
By tying the member’s focus down to the top 3 actions, the predictive system can effectively ‘suggest’ next steps with contacts on the member’s business.
Joanna Jones has not ordered the product in the last 45 days, the system will prompt the member to send a text that shares “Hi Joanna, how are you doing on the product from your last order? Do you need a refill?”
Tom Smith attended your business overview webinar to learn about becoming a promoter, but did not move forward, the system will prompt you to say “Hi Tom, I have someone I’d like to introduce you to, do you have a moment to connect today?”
DATA IS KING
Each ‘touch point’ in the process creates data that empowers the corporate staff with ‘insights’ to guide their decision-making.
The platform tracks when members make phone calls from the app, send text messages, share in social media, finish training videos, and more.
Because the data is aggregated in one place, insights tools allow the corporate team to see exactly ‘what’ content is working in the marketplace today and where the content is falling short.
If you’re ready to DEMO the platform yourself, book a time to connect here.