Social media as a research platform final a11 12 2012
1. Social Listening:
A Tool for your Market
Research Arsenal
Melva Benoit
SVP, Analytics Innovation Research & Strategy
FOX Broadcasting Company
11/12/2012
2. Market Research
Challenges
Proliferation of choices for market research
has increased dramatically with new ways to
look a data constantly immerging
Ongoing Insight
Customer Behaviors
and Attitudes
Communication of
Relevant and Authentic
Consumer Insight
However, needs remain the same…
3. Market Research Evolution
Market research used to be limited to
telephone surveys and in-person focus
groups until the Web expanded methods
and consumer outreach through various
online channels.
Social Media has transformed market
research into an immersive, engaging and
iterative process online.
4. Social Listening – 2 Ways
Social Media Monitoring
Private Online Community
social brand intelligence
7. Launched in January, 2006
2,000 18-49 year olds
FOX and 20Th TV viewers
Direct collaboration with viewers
On-going
Communication
Programming
Marketing
Feedback
Understand
TV Landscape
Welcome To Project FOX
Business Objectives
11. Cost
Effective
Platform
The Opportunity
What are the benefits?
Senior
Mgmt.
Support
Research
Expertise
Great
Content
Collaboration - Newscorp Internal Communications &
20th Filmed Entertainment Research & AIRS
12. Launched in January, 2012
230 employees joined for one year
23 projects completed/ 10 parallel tests
50% activity rate
Validate Cost
Effectiveness
Marketing
Feedback
20th Films
Programming
Feedback FBC
Business Objectives
16. Do
Have clear business
objectives
Be transparent
Listen to both the positive
and negative
Learn from peer-to-peer
conversations
Close the loop
Don’t
Assume if you build it,
they will come
Disclose truly confidential
information
Expect social media to
replace traditional
research
Final Considerations
Ongoing insight into consumer behaviors and attitudesProliferation of choices for market research has increased dramatically with new ways to look at data constantly immergingMarket research needs to continue to communicate relevant and real customer insight
Get deep insights into what customers say and learn about their wants, unmet needs and challengesUnderstand context and reasons whyRedefine our relationship with customers by bringing their voice into business decisions
A private online community of 2,000 FOX and Twentieth Century FOX television viewers:Emphasis on 18-49 demographicRecruited through viewer and fan touch-pointsCreated to collaborate directly with FOX viewers: Ongoing communication with viewers about their televisionpreferences and viewing behaviorsInform marketing and programming executives about viewer preferencesUnderstand thecompetitivetelevision landscape
MarketingProject FOX allows us to develop and refine marketing campaigns using real-time viewer feedback We also gain insight into how to reach potential viewers and drive tune-inProgrammingCapture viewer impressions of our programs to gauge the appeal of various show aspects and identify any areas of concernGain insight into what viewers like, dislike and would like to see in current and future programmingCompetitiveDelve into what viewers are watching on other networks Understand how viewers learn and share information about new shows on other networks
Clear Business Objective – cost effective research platformResearch expertise/best practices10,000 US based employeesGreat contentCollaboration - Newscorp Internal Communications, 20th Filmed Entertainment Research and AIRSSenior Management Support
Our Goals: Validate as a cost effective research platform Marketing feedback for FOX Films TV Program feedback for FBC
Television/FilmValid research platform for both TV and Film groupsGenerated insights consistent with parallel research for both TV and MoviesReal-time feedback on marketing creative for moviesFree researchEmployeePlatform for employees to express their views regarding contentMorale boost
Word Cloud - We can track opinions of same cohorts over time, bring the Voice of the Viewer into our decision making process, establish a deeper connection with core viewers and obtain feedback quickly.Marketingdevelop and refine marketing campaigns using real-time viewer feedbackgain insight into how to reach potential viewers and drive tune-inProgrammingCapture viewer impressions of our programs to gauge the appeal of various show aspects and identify any areas of concernGain insight into what viewers like, dislike and would like to see in current and future programmingCompetitiveDelve into what viewers are watching on other networks Understand how viewers learn and share information about new shows on other networks