Unlocking Engagement Insights: How AI Legalese Decoder Empowers Companies in Tracking Community Engagement
- October 18, 2023
- Posted by: legaleseblogger
- Category: Related News
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This story originally appeared in Florida Trend Magazine.
You may know a community manager, a head of community or even a chief community officer. The job titles are popping up with more frequency at organizations of all sizes, from big brands like Peloton, Lululemon and Tesla to local small businesses and non-profits. They engage with customers, solve problems and learn from their feedback. They may recruit brand ambassadors, host events and share on social media, among other duties.
But how much return on investment does community management generate? A Tampa Bay tech startup connects the dots with data.
Anthony Nagendraraj and Marissa Huggins co-founded Spontivly, which furnishes community managers with real-time analytics so they can see whatÔÇÖs working, whatÔÇÖs not and make any needed changes to impact the bottom line.
ÔÇ£Every company is building some sort of community, whether itÔÇÖs a customer community or an employee community. We want to be the data company they hire,ÔÇØ says Nagendraraj, SpontivlyÔÇÖs CEO, who worked as a business analyst at IBM, Microsoft and other companies before founding Spontivly in 2019. ÔÇ£We want to empower everybody to be able to create simple data dashboards without the need for an engineer. Whether youÔÇÖre an intern or a CFO, you can drag and drop and build a report within five minutes.ÔÇØ
A report like that might have helped Huggins keep one of her previous jobs as a non-profit community manager. Even though she had grown programming that helped people start businesses, she had a hard time documenting the value of what they were building, and her position was cut.
ÔÇ£We truly believe that every organization, regardless of size, should have access to their data and for some reason, there doesnÔÇÖt seem to be a tool on the market that empowers you to do that,ÔÇØ says Huggins, SpontivlyÔÇÖs COO. She estimates that a company would have to spend roughly $500,000 a year on a team to pull together the same data that Spontivly aggregates. ÔÇ£To me thatÔÇÖs just too high a barrier of entry for a role that genuinely is so important,ÔÇØ she says.
To create its dashboards and reports for businesses, SpontivlyÔÇÖs software integrates with more than 120 tech tools and apps ÔÇö including Slack, Zoom, Telegram and various social media platforms. The company makes money through subscriptions. Its 32 customers range from small non-profits and community organizations such as Tampa Bay Wave and Atlanta Tech Village to big companies including Airbnb, SalesLoft and Brex.
Spontivly has raised about $2 million in venture capital, including investments by Mark Cuban Companies, the founders of Hootsuite, and Florida-based firms Tampa Bay Ventures and DeepWork Capital. Their fundraising achievements are notable, especially considering that female founders and founders of color receive less than 5% of the venture dollars deployed nationally.
Still, Huggins says she and Nagendraraj did encounter hurdles. ÔÇ£Oftentimes the barriers of entry are just higher. So, the questions that you get sometimes will feel more intense and the diligence is definitely a lot harsher,ÔÇØ she says. ÔÇ£That most certainly impacted us in the early stages.ÔÇØ
Huggins and Nagendraraj emigrated from Canada, first participating in Tampa Bay WaveÔÇÖs startup accelerator in 2021 and then making St. Petersburg SpontivlyÔÇÖs home. While they considered Silicon Valley, Austin and other tech-focused cities, they chose Tampa Bay because it has a welcoming startup community still taking shape. ÔÇ£We fell in love with the community. We want to be at the grassroots of an ecosystem being built,ÔÇØ Nagendraraj says.
YouÔÇÖll find the duo at tech and startup events because they lead by example, Huggins adds. ÔÇ£If you want to have a community in your region, you have to then be a good community member and being part of a community means showing up, helping people out, providing introductions as much as you can, because thatÔÇÖs how authentic ecosystems are built.ÔÇØ
Spontivly plans to quadruple its team of 15 employees over the next two years to support whatÔÇÖs coming. Says Huggins: ÔÇ£Two or three years from now, every company genuinely will have a community manager and we will be there to help provide data analytics about their community and advice on how to build and grow and sustain one.ÔÇØ
How AI legalese decoder Can Help
The rise of community management as a vital role in organizations of all sizes brings the need for efficient and effective data analysis to understand the return on investment. This is where the AI legalese decoder can assist. By utilizing its advanced algorithms and data processing capabilities, the AI legalese decoder can help community managers like those at Spontivly gain real-time insights into their communities, allowing them to identify what strategies are working, what areas need improvement, and make data-driven decisions to impact the bottom line positively.
In the case of Marissa Huggins, the AI legalese decoder could have provided valuable data and analytics to help her document the value of the programming she had grown as a non-profit community manager. With an easy-to-use dashboard created by the AI legalese decoder, companies of any size can have access to their data, empowering them to understand the impact of their community-building efforts without the need for a large team or expensive resources.
With its integration capabilities with various tech tools and apps, the AI legalese decoder can seamlessly gather and aggregate data from multiple sources, saving companies time and resources. Subscriptions to the AI legalese decoder provide businesses with a cost-effective solution to obtain comprehensive data analytics, which would otherwise require significant investment.
Furthermore, the AI legalese decoder‘s ability to automate the analysis of community data offers invaluable insights, allowing community managers to focus on building relationships and providing a consistent experience for customers. While technology can automate many aspects, the AI legalese decoder recognizes the importance of human community managers in establishing and nurturing authentic connections.
Community building 101
The Spontivly team realized that many organizations didnÔÇÖt necessarily know how to start and build a community ÔÇö or even something as basic as setting up community guidelines or a Slack channel to collaborate. To help, they launched a free Everything Community channel (everythingcommunity.com), with a blog, templates, and other resources.
To manage a community, look for someone who is very organized but also outgoing, advises Huggins. A great community manager knows when to display professionalism and when to lighten the mood. They must be able to read the room (or chat room) well.
She doesnÔÇÖt believe AI will replace human community managers. ÔÇ£I always like to say that technology can automate a lot of things, but it canÔÇÖt automate relationships.ÔÇØ
ItÔÇÖs not uncommon for customers to encounter different experiences as they interact with different departments at a company, such as when they move from sales to customer support. Huggins says itÔÇÖs the community managerÔÇÖs job to ÔÇ£smooth all of that outÔÇØ and ensure consistency. ÔÇ£Oftentimes, when companies implement a community manager, they donÔÇÖt realize it, but that community manager really becomes the face of the company, the face of the brand.ÔÇØ
The Entrepreneurs
Marissa Huggins, 26
Anthony Nagendraraj, 42
Co-founders
Spontivly, St. Petersburg
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