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#SoConBuzz SDL Social Intelligence presentation by James Ainsworth and Liz High

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Social media storytelling with live social data using SDL SM2

Social media storytelling with live social data using SDL SM2

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  • Keywords used to classify:Live shows: tour, festival, Big Day Out, BDO, DownloadAlbums: album, CD, new songs
  • The most noteworthy Big Day Out, Downloads, and Leeds
  • In a small but beautiful town of Perth
  • Which more often than not looked like this
  • And leaving was the only way that I could stop doing this kind of stuff
  • The only way out was education so I started my journey South – graduating in 1990
  • Most of the rest of the 1990’s remain a blur.
  • Transcript

    • 1. If Social Media could tellyou a story, would youlisten?James Ainsworth & Liz High SDL Proprietary and Confidential
    • 2. You might remember usfrom…
    • 3. SDL Recognized Leader in Global Information Management• Publicly traded company with $400m annual • Award-winning and profitable company, with revenues long-term financial stability• Over 2,700 employees in 70 offices across • 1,500+ enterprise customers and partners 38 countries • SDL is celebrating its 20th anniversary in 2012• World-leading innovative technology3
    • 4. A bit about me…beforethe good stuff @SDLjames
    • 5. MYTHBUSTING Social Media Monitoring isnot just responding to Twitter moaners
    • 6. 50+ Billion stored conversations and results60+ languages20+ Automated sentiment analysisDashboardsAlertsStoryboardsCustom Sources
    • 7. SOCIAL MEDIA DATA IS AN ENABLER Rather than "data driven decisions", advocate humandecisions supported bythe use of good tools to provide us with data- derived insights. http://www.flickr.com/photos/puuikibeach/
    • 8. Why is social data more useful than conventional research data? Highly responsive: can collect & respond to Is highly insight on any Targeted: can scalable: timescale relate specific Provides access activities to to high volumes conversations at of data & a a defined point in global dataset time Can provide a 360 degree view of a The value Highly predictive: customer (not just about their social data conversations are leading relationship to indicators your brand) brings Provides unique Longitudinal: access to we can look competitor back & track activity forward In context: feedback is pure & customer generated (not contrived) 9
    • 9. Powered bySOCIAL MEDIA STORY-TELLING10
    • 10. The social media storybehind a new andintriguing product
    • 11. Top Platforms Love it or Hate it? Twitter users Twitter Positive 29% Forums Indifferent 86% Media Negative 13% # of influencers Top Twitter Authors 35 @psykouk @annecupcake Positive advocates @dressjunkie3 are based in Ireland
    • 12. Top Platform Demographics Twitter Forum Users Male: 75% Forums Female: 20% Media Unspecified: 5% Top CategoriesLove it or Hate it? Social Positive 20.1% College LifeIndifferent 61.6% Health Negative 18.3%
    • 13. Top Domains Top Themes Boards.ie Boards.ie WeightwatchersMoney Saving Expert Cakes TES Community Nutella Love it or Hate it? Top Authors Positive 12.9% Killer Wench Indifferent 58.1% Seomra Mushie Negative 29% Pembily
    • 14. Target your offers with the Forums where your advocatesWhat next? are doing great things for you Look at the comments relating Host product development to “fat”, “health” “exercise” and session with influencers to tailor messaging in targetdesign new offshoot products publications where dietary content needs to be considered Establish a User Forum where Run Campus or Instore tasting recipes are created and sessions to marry up online uploaded with photo content and offline
    • 15. The story of anilluminating relay aroundthe UK17
    • 16. Hashtag Podium #LONDON 2012 #BBC #olympic TORCH torch Torch CAM RELAY Which Hashtag has the greatest share of Tweets?18
    • 17. Hashtag Adoption The People drive Hashtag adoptionMentions #OlympicTorch #BBCTorchCam #London2012TorchRelay 19 Torch Relay Begins
    • 18. Mentions of Places Lands End Taunton Bristol Cardiff Aberystwyth Chester Liverpool Belfast Dublin Stornoway Edinburgh20
    • 19. What‟s your priority? Hashtag or Check-In? 1000 1000Mentions OT BTC LTR 4sq 13-May 14-May 15-May 16-May 17-May 18-May 19-May 20-May 21-May 22-May 23-May 24-May 25-May 26-May 27-May 21
    • 20. The one about the Rock bandlooking to make a come-back28
    • 21. Themes around SDL and The Social Intelligents
    • 22. How to leverage nostalgia 600 400 200 There were 0 1621 conversations about “Nostalgia” in the last two months – approximately30 12% of the data
    • 23. Volume of social data
    • 24. Interpreting demand through social volumes Live shows 25% New albums Old content 52% 23%32 Types of Conversations
    • 25. Where the band should tour
    • 26. Why and how the band should tour34
    • 27. Asking the right questions is key to actionable insights Why we expanded our search to competitive bands to make the findings more actionable35
    • 28. Best Practice 1: Blink 182 Giving Fans a Behind the Scenes View AMA on Reddit: Mark Hoppus led a live AMA (Ask me Anything) on Reddit on February 6th, in which ANYONE could come and ask him a question about his life, Blink 182, the Volumes more than reunion, the upcoming CD, etc. In just a few quadrupled the day of hours he received 100‟s of questions and Mark‟s AMA comments! Not only did it gain him goodwill with his fans, but it created a lot of social media buzz. On Feb. 6th, mentions of Blink 182 more than quadrupled. The Blinkumentary: The band is creating a documentary about their reunion and the making of their comeback CD and tour. They are only advertising it on YouTube (via online trailers There were over and ads) and through social media. The documentary has created a lot of social buzz 200 mentions – approx. 200 mentions of the documentary of the documentary in a two in two months. month period
    • 29. Best Practice 2: Foo Fighters Using the Power of Nostalgia“Wasting Light” Recorded in a Garage The Foo Fighters wanted to go back to their roots and create “ real” rock music again – so they recorded their newest album, Wasting Light, in a garage with minimal recording equipment. Social buzz increased Dave Grohl wanted to show the world you could make great music without exponentially after the fancy equipment, sound mixing, and auto tune – and he did. The album won Grammy win and five Grammys. centered mostly around Many fans (and even non-fans) applauded them for creating such a popular Dave‟s “back to roots” album, with so little. After this album, many fans consider them one of (if not acceptance speech the only) real rock bands left today.37
    • 30. Best Practice 3: Smashing Pumpkins Leveraging Social Media Constant Social Media Use: Highest social buzz The Smashing Pumpkins and front man Billy Corgan, uses surrounded Billy‟s live social media in unique ways to engage way and entertain Twitter Q&A their fans. Recently they released a sarcastic band Christmas photo over their Facebook page and Billy Corgan hosted a question and answer session for their fans on Twitter. They also tweet live pictures from their shows, their recording sessions, their travel bus, etc.Fighting the Man: There were overTheir new CD has 44 tracks and is going to be released one track at a time (forfree) online. 1136 mentions of the album • This has created a ton of buzz on social media in a two month period sites and on mainstream media sites. • Fans are excited because they think Smashing Buzz increased the day Billy had an Pumpkins understands them and the way they interview about Oceania – an listen to music – everyone downloads for free “album within an album” anyway, so they think its about time a band recognizes this and embraces it. • By releasing 44 songs, one at a time, they are keeping themselves relevant and at the top of mind for the entirety of the release of the songs.38
    • 31. Demonstrating high ROI Through detailed and actionable insights and recommendations39
    • 32. Research Question One: SDL and The Social Intelligents Themes What do people think about SDL and The Social Intelligents and how can SDL and The Social Intelligents play on these themes in their advertising and outreach? Nostalgic Multi-Generational “Real Rock” SDL and The Social Intelligents is the SDL and The Social Intelligents appeals to a Many older fans consider reunited quintessential 90s rock band and their multi-generational audience – it is one of the bands, especially SDL and The Social music brings their fans back to that time few bands parents and children can enjoy Intelligents, the only “real” rock in their life. Fans associate SDL and The together. This means that SDL and The musicians left. They want music that isInsight Social Intelligentss songs with the Social Intelligents‟s music and the themes authentic, minimally processed, and memories in their lives and that can be they write about transcend time and can that contains real instrumental talent – very powerful in marketing attract a younger audience in today‟s market. not gimmicks. communications.Recommendation • SDL and The Social Intelligents should • SDL and The Social Intelligents should • Follow The Foo Fighters example release a new album that is continue to play festivals, where they can and get back to your “rock” roots, by reminiscent of their older music and introduce themselves to younger recording the new album with doesn‟t stray too far from their original generations with similar music tastes. minimal equipment. fan base. • New bands are constantly compared to • Highlight the musical talent of the • They should release the first song SDL and The Social Intelligents. SDL and band members in social media online and create a social, viral The Social Intelligents should offer these campaign around it , to create buzz bands opening act positions on their tour before the sale of the actual album. to reach similar audiences and get exposure.
    • 33. Research Question Two: There is Demand Is there enough interest in a SDL and The Social Intelligents tour or a new SDL and The SocialIntelligents CD, to justify the expenditure. Is the band’s fan base large enough and loyal enough to actually support a tour and new CD sales? Tour – Yes! New Album – Yes! There is a huge demand for live performances of SDL Touring and live performances have increased adoption and The Social Intelligents. When it was announced of the band and has driven demand for new music. Many Insight that they would be playing major festivals, social buzz posters in the social media realm specifically asked rose dramatically. when the band would release a new CD, especially after the release of „Deep Dive Data‟ and the „Deep Dive Data‟ Many posters said that the band they were most video. excited to see at these festivals was SDL and The Social Intelligents and that they would be willing to pay the high price for the tickets JUST to see them. Recommendation Many of their festival dates they have played are SDL and The Social Intelligents should release a new abroad, but there is a huge demand for their live album that is reminiscent of their older music and performances in the US. They should hold a US doesn‟t stray too far from their original fan base. reunion tour, concentrating on smaller, intimate venues. They should release the first song online and create a social, viral campaign around it , to create buzz before By playing in smaller venues, they will have a chance the sale of the actual album. to engage on a deeper level with their fans, as Blink 182 did through their documentary and Smashing Pumpkins did through its live Q&A.
    • 34. Leveraging Social Data The Need “How do we take a 90s band and make them relevant in the • Create messaging and social media social media era?” engagement strategies that play on the key themes associated with SDL and The Social Intelligents • Understand how 3 competitive bands use social media and determine the “best in VS. class” social media practices for comeback bands. Our Approach Leverage social media and messaging to understand: • The social volumes and sentiment surrounding each band • Best in class social media analysis • SDL and The Social Intelligents theme analysis The Outcomes 1) Nostalgia is a major factor in “comeback” band adoption. Bands that played on this nostalgia in Leverage Constant fan page Give fans a peek their music and their online messaging, were Nostalgia behind the scenes interaction successful 2) Fans look to social media to get a “behind the scenes” peek at the band. SDL and The √ √ √ Social Intelligents should post exclusive42 videos/photos, conduct live Q&A sessions, and consider doing a comeback documentary
    • 35. Ensuring a fair exchange Desired Business Customer behaviors goals commitment /perceptions52
    • 36. Driving measurement from your business goalsYour ideal customer is one who….. Shops Shares Advocates
    • 37. Driving measurement from your business goals PCS: Product commitment score • Informs your value proposition CRS: Customer relevance score • Drives content & engagement strategy BCS: Brand commitment score • Drives brand strategy
    • 38. Deriving meaningful scores using social data• Each index is derived from scoring conversations based on their value into the commitment journey we‟re trying to understand5555
    • 39. The components of each score Commitment score is a composite of: 1. Where in the journey the conversation sits 2. The level of influence of the conversation 3. Weighted sentiment of the conversation
    • 40. A real life example – driving ROI using structured social data57
    • 41. Sunrise or false dawn? The PCS story of the Sunday Sun From the end of an era …. PCS ... to the start of a new Sunday NewspaperSource: Daily Mail
    • 42. A New Dawn for News International 16000 Rupert Murdoch 14000 Press widely report An estimated arrives in London The Sun that advertising budget of to address the Sun officially The Sunday „SunOnSunday.co. £3-7 m is committed to 12000 staff and launches and Sun hits the uk‟ domain has support the launch at announces his positions it UK been registered by outdoor sites and on commitment to Sunday newsstands 10000 someone at TV and the launch launch the Sun on offering NewsCorp begins in earnest Sunday 8000 July 7th Feb 16th Feb 17th Feb 18th Feb 25th 6000 4000 2000 0 April May June July Aug Sep Oct Nov Dec Jan Feb Feb Feb Feb Feb Feb Feb Feb Feb Feb Feb 11 11 11 11 11 11 11 11 11 12 16th 17th 18th 19th 20th 21th 22th 23rd 24th 25th 26th59
    • 43. And if you believe everything you read in the papers… Mr Murdoch is happy 16000 Key facts: 14000 The Sunday • It sold out Sun hits the • It is the 2nd highest circulation of any UK 12000 British Sunday paper in the past 8 years newsstands: – a record previously held by the News of 10000 the World 3.5 million • People switched from the Sunday Mirror copies sold 8000 and the Sunday People • It has sparked a price war already Feb 25th 6000 • It is being attributed with bring £10m new advertising revenue into the market as a new Sunday circulation war commences 4000 2000 0 April May June July Aug Sep Oct Nov Dec Jan Feb Feb Feb Feb Feb Feb Feb Feb Feb Feb Feb 11 11 11 11 11 11 11 11 11 12 16th 17th 18th 19th 20th 21th 22th 23rd 24th 25th 26th60
    • 44. What the PCS tells us is reallygoing on
    • 45. The launch PCS story Heavy weight launch Ad spend not driving commitment - only trial at this stage (80% of conversations are in the Research / Assess category) Volume of PCS PCS Monthly PCS and Volume Daily PCS & Volume conversations Disclosure Launch PCS lower after formal launch than during speculative phase62
    • 46. What next for the Sun on Sunday? Negativity around brand „Murdoch‟ Sins of the past 200 16000 Total Volume PCS 14000 150 12000 10000 100 8000 ? 6000 50 4000 2000 0 Muted 0 content, treading carefully Lack of sustained commitment?63
    • 47. What does it mean for Mr Murdoch? lost of £ revenue PCS Monthly PCS Ave Circulation 1st week-£96,027 Disclosure Launch 1st Qtr -£581,768 Issue 2 1st Quarter Focusing on moving behavioural indicators is what delivers ROI on all marketing not just social Drop in PCS = 38 pts 1% drop in PCS = £15k64
    • 48. Thanks for listening and do you have any Questions?Follow: @SDLjames @LizzHighUK @SDLsocialEmail: Jainsworth@sdl.com Lhigh@sdl.comWebsite: www.SDL.com/si Phone: 0117 970 3200
    • 49. Copyright © 2008-2012 SDL plc. All rights reserved.. All company names, brand names, trademarks, servicemarks, images and logos are the property of their respective owners.This presentation and its content are SDL confidential unless otherwise specified, and may not be copied,used or distributed except as authorised by SDL.