The first step in embracing the opportunity is to build a strategy that specifies how an organisation will provide value to its members, and then also derive value for itself. This kind of framework can help companies consider why it's creating a community, who is in the community, and its value to and between members.
Only then can you create a plan around conversing with, listening to, and engaging with current customers, potential customers, and those exploring something new.
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The value that community members derive from community-as-a-service type business can be broken down into:
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