How To Guide for Revolutionizing Media Planning
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How To Guide for Revolutionizing Media Planning

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People use social media to talk about their experiences, interests, wants, likes and dislikes. What they’re saying on blogs, Facebook, Twitter and elsewhere represents a trove of information that ...

People use social media to talk about their experiences, interests, wants, likes and dislikes. What they’re saying on blogs, Facebook, Twitter and elsewhere represents a trove of information that can help guide media planning.

The traditional planning cycle still holds of course. You have to define objectives, set strategy and tactics, continually refine your plan execution, and measure results. But now the social conversation is a vital input to that process.

Networked Insights can help you gain unbiased, unfiltered access to the minds of customers and prospects as they interact and opine in social media. We take social media analytics to a new level, tapping an extraordinary spectrum of sources to unearth hot topics and rich conversations. Our unique combination of insight-rich content and spot-on demographics can help you sharpen your audience focus, identify and predict trends quickly, and gain a powerful competitive advantage.

Learn how you can use social media analytics to transform your media planning process and gain the results you want from your spend at the minimum effective investment. In other words, let us help you get more bang for your media buck.

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How To Guide for Revolutionizing Media Planning How To Guide for Revolutionizing Media Planning Document Transcript

  • How-to Guide for Revolutionizing Media Planning At Networked Insights, clients often ask us, “How do your capabilities fit into our media planning process? Where can your expertise inform us, broaden our view and help us influence buyer behavior?” With the increasing amount of content people are generating through all the unstructured data available on the Internet — via blogs, micro blogs, social media sites like Facebook and Twitter, user forums, and other places — there’s a whole new realm of information that can be mined to inform the media planning process. The challenge isn’t necessarily accessing this data — there are plenty of ways to do that. It’s figuring out what to do with it once you have it and, in the case of media planners, using it to inform the strategic planning process. Traditional media planning is a five-step process, wherein you 1) set your media objectives, 2) develop a media strategy and then 3) design media tactics. From there you 4) optimize the plan to include any adjustments for improvement and then 5) evaluate it by measuring the results against your goals. Networked Insights can help inform every stage of the cycle. It’s a cycle that calls for adjustments throughout, and Networked Insights can help inform every stage of that cycle. Media Objectives and Strategy The first step in setting your media objectives is defining your target audience. This is traditionally approached by using demographics and psychographics based on values and lifestyle segments. Networked Insights can help define your primary and secondary audiences based on topics they discuss and their brand-related conversations. This information can also be used to determine generational cohorts (Baby Boomers, Gen-X-ers, etc.) — data that can be leveraged to identify TV, digital and other properties that resonate with the target audience.networkedinsights.com | 608.237.1867 | info@networkedinsights.com 2
  • Next, we can get an excellent pulse on your target audience’s product and brand usage by looking at where, when and how they discuss these topics. As you begin defining your communication goals, you’ll start posing specific questions. How many people do we hope to reach? How many gross rating points do we want? These are the things you’ll measure against after a campaign is complete, or gauge for optimizing while a campaign is running. We can provide clear benefits in this area, producing data for metrics like brand lift, to show how brand or category-related conversations have changed throughout a campaign. We can also monitor your campaign’s effect on earned media, specifically the added PR that’s generated in articles, on sites and blogs, and through social media streams. Time to plan your media strategy? Based on when and Maximizing paid, owned and earned where your target is engaging in conversation, we can media is all about sequencing. One help you determine effective flighting, aka the best times of our clients was ready to launch a and places to deliver your content. We refer to this as next-generation gaming product. sequencing of paid, owned and earned media, and done We analyzed the $30 million launch me- with the added insights provided by social data analysis, dia plan for their previous generation it can help extend the value of your media buys. product and discovered that once they (Download our CFO report) stopped spending, awareness plateaued — but shortly afterward awareness Should you advertise on one TV network or choose a numbers took off again on their own. variety of different programs across the spectrum? Do Based on this insight, we modeled a you heavy-up content on a few websites, or go wide media plan for the new product that because the topic is being discussed broadly? We can shifted the order and emphasis of paid, help you formulate a media calendar for when to owned and earned media. communicate what. The result? Greater awareness and a As you can see, the capabilities we provide go far beyond savings of $12 million media spend. the traditional “set it and forget it” mentality. We can give you immediate insight into what’s relevant to your target audience, allowing you to adjust messaging at any time to get the results you want. Media Tactics Some organizations think of designing specific media tactics simply as buying media. However, we like to take a more holistic view of this step, expanding the definition of media beyond traditional TV, radio and print to include other opportunities.networkedinsights.com | 608.237.1867 | info@networkedinsights.com 3
  • For example, a media tactic could include selecting the best celebrity to represent your product. It could include identifying content that you can acquire and leverage across various forms of media. Buying media is not something Networked Insights does, but the insights that come from our social data analysis can help make this step more strategic for those who do buy media. Optimization The next step of the media planning process, optimization, occurs after you begin measuring performance against your media objectives. Customary methods are surveys, tracking, observation and feedback. The latter two are distinct capabilities of Networked Insights. By capturing and analyzing consumer feedback on your brand or category, we can help evaluate your campaign effectiveness and make recommendations that “tweak” your strategy. At this stage, much of our value comes from how fast we can respond and help you benefit from either shifts in the How can you increase the certainty that conversation, or unexpected or breaking news-type you’ll capture the target rating points occurrences. For example, we can quickly identify a distinct you’re going after — and more? The spike in online discussions on a subject your audience cares television networks say they have great about. What’s being said? Is it relevant to your messaging? “social reach,” but they have no proof. You’ll know almost immediately. We do. As an agency or as a corporate brand, you can take advantage of our In addition to identifying these events, we can measure social intelligence today. Being the first how fast and far the discussions are occurring. For optimiz- to have this data will give you solid first- ing your media plan, this gives you a timely opportunity to mover advantage over your competition. place content in strategic places. It can also equip you with informed predictions of what will happen with that infor- mation. In short, we can help you be much more nimble when it comes to adjusting and optimizing your plan. Evaluating Effectiveness At the final stage of the media planning process, you begin measuring your performance against your objectives. This is similar to what you did at the optimization stage, but now the campaign is over.networkedinsights.com | 608.237.1867 | info@networkedinsights.com 4
  • Were your goals met? For instance, if you wanted to see a shift in brand conversation, did you have that impact? Did brand awareness grow in social media? Did you have a presence on more sites? Was there an increase in discussion about your brand? Networked Insights provides innumerable opportunities to measure and evaluate your success, using data to make adjustments for greater results. A Summary of Our Benefits Networked Insights can help you target an audience by providing unbiased, unfiltered access to the minds of consumers. Where we differ from other social media analytics companies is through an ability to bring together a vast spectrum of sources compiling widely dispersed con- versations. We can provide a unique combination of content and demographics to give greater focus to your audience. Gone are the days of static segmen- Most companies today use social media monitoring tools tation and changing segmentation to draw from the same data pool of Twitter, Facebook and every 18 months. In the social media Boardreader, which is used for searching forums. We go age, you don’t need to conduct tens beyond these to also leverage tools like BigBoards and of thousands of surveys requiring Technorati. And unlike other data analysts, we build target months of waiting. Instead, we use audiences using demographics from sources like comScore, the information and knowledge- Quantcast, Alexa and Google Adplanner. Taking the extra sharing among your customers’ social time to define an audience so precisely means you get deep, media interactions to drive a set of demographics and that show how accurate data, while eliminating the bulk of social media and where relevant social media “noise” that generally exists surrounding any given topic. conversations are happening. Having access to this immense wealth of data gives you the We overlay data from Comcast, Google ability to approach problems in a different way. You can and comScore, looking at different identify and predict trends quickly, and gain a powerful segments. In this emerging era of advantage over your competition. dynamic segmentation or hyper- segmentation, you can reach And ultimately, you can gain the results you want, at the premium viewers without paying minimum effective investment. Or in other words, you get premium pricing. much, much more bang for your buck. Questions about this report? Want a free consultation on how social data can improve your media planning Email: info@networkedinsights.com and other marketing? Contact us. Web: www.networkedinsights.com Phone: 608.237.1867networkedinsights.com | 608.237.1867 | info@networkedinsights.com 5