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Elizabeth Morgan
emorgan@visibletechnologies.com
@socialmorgan

    Copyright © 2010 Visible. All rights reserved.   1
SOCIAL CAPITAL
           An individual’s collective digital presence -
           including their social graphs, level of influence,
           and use of digital social networks
                                                     Zach Hofer-Shall, Forrester Research
                                                                      SXSW March 2011




Copyright © 2010 Visible. All rights reserved.   2
Social Influence is the
                                                      KILLER APP
                                                          to Social Capital




Copyright © 2010 Visible. All rights reserved.        3
A consumer who has a
 GREATER THAN AVERAGE IMPACT
    through word-of-mouth in a
               relevant marketplace




Copyright © 2010 Visible. All rights reserved.   4
Figuring out Social Influence to
    DERIVE BUSINESS VALUE
has been challenging




Copyright © 2010 Visible. All rights reserved.   5
There is
    NO STANDARD
    for defining the influence
               of the online consumer




Copyright © 2010 Visible. All rights reserved.   6
TECHNOLOGY
                        isn’t there yet




Copyright © 2010 Visible. All rights reserved.   7
Companies are frustrated
               OR WORSE YET
basing decisions on incomplete metrics




Copyright © 2010 Visible. All rights reserved.   8
Social influence continues to
    GROW IN IMPORTANCE




Copyright © 2010 Visible. All rights reserved.   9
Social enables:
                                                       Recommendations from family
• Customer acquisition                                  and friends trump all other

• Customer loyalty                                      consumer touchpoints when it

• Better product
                                                        comes to influencing purchases.
                                                                                          
  development
• Hyper-personalized                                 Inner circle trumps at decision time

  marketing                                         58% of Americans say that people that
                                                     they know well and trust are the most
• Improved customer                                  important single factor in the final
  service                                            decision on major purchases.
• HIGHER SALES

Copyright © 2010 Visible. All rights reserved.   10
What percent of social conversations
lead to PURCHASE INTENT?

    60%                                          58%

    55%                                           C
                                                  R                              50%
                                                          49%
    50%                                           E
                                                  D            P                      P
    45%                                           I
                                                               A
                                                                                      U
                                                               S
                                                  B                                   R
    40%                                                        S
                                                                                      C
                                                  I            -
                                                  L            A                      H
    35%
                                                  I            L                      A
                                                               O                      S
    30%                                           T
                                                               N                      E
                                                  Y
                                                               G
    25%                                                               Base: Brand conversations across all categories (n=105,450)
                                           Credibility   Pass-Along            Purchase
                                                                                   Source: TalkTrack®, January – December 2010



Copyright © 2010 Visible. All rights reserved.            11
Copyright © 2010 Visible. All rights reserved.   12
The Shift to Influence Metrics




Copyright © 2010 Visible. All rights reserved.   13
Understanding Social Influence

                                                      REACH
                                                      • Reflects the potential number of
                                                        impressions an author can generate
                                                      RELEVANCE
                                                      • Amount of relevant posts an author
                                                        contributes to the community
                                                      RESONANCE
                                                      • How much activity is generated when
                                                        an author publishes relevant content
                                                      CENTRALITY
                                                      • The importance of a person in a
                                                        community



Copyright © 2010 Visible. All rights reserved.   14
COMMUNITY
RANK
Which
consumers have
influence in a
given
community



Copyright © 2010 Visible. All rights reserved.   15
COMMUNITY
RANK
Authors with strong
“Influence Rank”
have more and
deeper connections
to others



Copyright © 2010 Visible. All rights reserved.   16
Copyright © 2010 Visible. All rights reserved.   17
Discussion Authority
helps identify which parts
of automobile
conversations the author
participates in. This
provides a more granular
look into what made the
author relevant.


Copyright © 2010 Visible. All rights reserved.   18
Centrality – assessment of
                                                 community strength which
                                                 considers links, # of authors, and
                                                 quality of sites being linked to/from.




Copyright © 2010 Visible. All rights reserved.                 19
Page Views and Traffic
                                ranking calculations.




Copyright © 2010 Visible. All rights reserved.   20
Author Activity = ranking
                                                 based on total # of posts by
                                                 author.
                                                 Site Activity = ranking based
                                                 on total site volume.




Copyright © 2010 Visible. All rights reserved.          21
Term Cloud showing what
                                                 else the author talks about.




Copyright © 2010 Visible. All rights reserved.      22
Influence Rank shows
                                                 where the author ranks
                                                 from the list of top
                                                 automobile authors.




Copyright © 2010 Visible. All rights reserved.       23
Copyright © 2010 Visible. All rights reserved.   24
CONSUMER INFLUENCE 2.0:
                THE AGE OF CONFLUENCE
• Intersection of online and offline consumer data and intelligence
• Game changing technology integration: Semantic & Social
• Behavior mapping across communities and channels



 Copyright © 2010 Visible. All rights reserved.   25
The future is
         PREDICATIVE ANALYSIS
                    SOCIAL INFLUENCE
 Brands are flocking to … find, reward and recruit their
  most-influential consumers, … (and) the push to measure
  influence shows no signs of stopping. 
                                                  —Greg Shove, Halogen Network & Kohlberg Ventures

 Copyright © 2010 Visible. All rights reserved.                   26
Elizabeth Morgan
@socialmorgan

    Copyright © 2010 Visible. All rights reserved.   27

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The Future of Social Influence in a Social Capital World

  • 1. Elizabeth Morgan emorgan@visibletechnologies.com @socialmorgan Copyright © 2010 Visible. All rights reserved. 1
  • 2. SOCIAL CAPITAL An individual’s collective digital presence - including their social graphs, level of influence, and use of digital social networks Zach Hofer-Shall, Forrester Research SXSW March 2011 Copyright © 2010 Visible. All rights reserved. 2
  • 3. Social Influence is the KILLER APP to Social Capital Copyright © 2010 Visible. All rights reserved. 3
  • 4. A consumer who has a GREATER THAN AVERAGE IMPACT through word-of-mouth in a relevant marketplace Copyright © 2010 Visible. All rights reserved. 4
  • 5. Figuring out Social Influence to DERIVE BUSINESS VALUE has been challenging Copyright © 2010 Visible. All rights reserved. 5
  • 6. There is NO STANDARD for defining the influence of the online consumer Copyright © 2010 Visible. All rights reserved. 6
  • 7. TECHNOLOGY isn’t there yet Copyright © 2010 Visible. All rights reserved. 7
  • 8. Companies are frustrated OR WORSE YET basing decisions on incomplete metrics Copyright © 2010 Visible. All rights reserved. 8
  • 9. Social influence continues to GROW IN IMPORTANCE Copyright © 2010 Visible. All rights reserved. 9
  • 10. Social enables:  Recommendations from family • Customer acquisition and friends trump all other • Customer loyalty consumer touchpoints when it • Better product comes to influencing purchases.  development • Hyper-personalized Inner circle trumps at decision time marketing  58% of Americans say that people that they know well and trust are the most • Improved customer important single factor in the final service decision on major purchases. • HIGHER SALES Copyright © 2010 Visible. All rights reserved. 10
  • 11. What percent of social conversations lead to PURCHASE INTENT? 60% 58% 55% C R 50% 49% 50% E D P P 45% I A U S B R 40% S C I - L A H 35% I L A O S 30% T N E Y G 25% Base: Brand conversations across all categories (n=105,450) Credibility Pass-Along Purchase Source: TalkTrack®, January – December 2010 Copyright © 2010 Visible. All rights reserved. 11
  • 12. Copyright © 2010 Visible. All rights reserved. 12
  • 13. The Shift to Influence Metrics Copyright © 2010 Visible. All rights reserved. 13
  • 14. Understanding Social Influence REACH • Reflects the potential number of impressions an author can generate RELEVANCE • Amount of relevant posts an author contributes to the community RESONANCE • How much activity is generated when an author publishes relevant content CENTRALITY • The importance of a person in a community Copyright © 2010 Visible. All rights reserved. 14
  • 15. COMMUNITY RANK Which consumers have influence in a given community Copyright © 2010 Visible. All rights reserved. 15
  • 16. COMMUNITY RANK Authors with strong “Influence Rank” have more and deeper connections to others Copyright © 2010 Visible. All rights reserved. 16
  • 17. Copyright © 2010 Visible. All rights reserved. 17
  • 18. Discussion Authority helps identify which parts of automobile conversations the author participates in. This provides a more granular look into what made the author relevant. Copyright © 2010 Visible. All rights reserved. 18
  • 19. Centrality – assessment of community strength which considers links, # of authors, and quality of sites being linked to/from. Copyright © 2010 Visible. All rights reserved. 19
  • 20. Page Views and Traffic ranking calculations. Copyright © 2010 Visible. All rights reserved. 20
  • 21. Author Activity = ranking based on total # of posts by author. Site Activity = ranking based on total site volume. Copyright © 2010 Visible. All rights reserved. 21
  • 22. Term Cloud showing what else the author talks about. Copyright © 2010 Visible. All rights reserved. 22
  • 23. Influence Rank shows where the author ranks from the list of top automobile authors. Copyright © 2010 Visible. All rights reserved. 23
  • 24. Copyright © 2010 Visible. All rights reserved. 24
  • 25. CONSUMER INFLUENCE 2.0: THE AGE OF CONFLUENCE • Intersection of online and offline consumer data and intelligence • Game changing technology integration: Semantic & Social • Behavior mapping across communities and channels Copyright © 2010 Visible. All rights reserved. 25
  • 26. The future is PREDICATIVE ANALYSIS SOCIAL INFLUENCE  Brands are flocking to … find, reward and recruit their most-influential consumers, … (and) the push to measure influence shows no signs of stopping.  —Greg Shove, Halogen Network & Kohlberg Ventures Copyright © 2010 Visible. All rights reserved. 26
  • 27. Elizabeth Morgan @socialmorgan Copyright © 2010 Visible. All rights reserved. 27

Editor's Notes

  1. Social Capital (CONNECTIONS)enables Improve customer segmentationConnect with targeted individualsLearn from your influencersInform measurement practices
  2. Social Influence
  3. Understanding Social Influence
  4. The Reality: Good Luck
  5. The Reality: What Standards?
  6. The Reality: My Algorithm is Better than Yours
  7. The Reality: Business Challenge
  8. But We all Know…
  9. What It Means For Business
  10. The Pot of Gold
  11. Social Influence Measurement
  12. Influence Ranking
  13. Influence Ranking
  14. Influencer Profiling
  15. Influencer Profiling
  16. Influencer Profiling
  17. Influencer Profiling
  18. Influencer Profiling
  19. Influencer Profiling
  20. Influencer Profiling
  21. Consumer Influence 2.0 (next 5 years)
  22. The Bottom Line