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Social Influence Media
Alok Kumar Singh
Pondicherry University
It is facebook
which caused the
world’s worst
recession after
the great
depression.
But how?
What Radio took 38 yrs. to reach
What Television took 13
years to reach
What Internet took 4 yrs. to reach
What I pod took 3yrs. to reach
It is 50 million user that we are
talking about.
• It took facebook less than one year to reach
200 million users.
• That’s a clear lead over its predecessors.
• Facebook reduced office productivity by 50%
and thus caused recession.
Three most populous country of the
world are1
2
3
INDIA
Prior to the
internet the last
technology that
had any real effect
on the way people
sat down and
talked was table.
Prof. Clay Shirky
Old concept
The purpose of a business is to create
a customer.
Peter Drucker
New Concept
The purpose of a business is to create
customers who in turn create customers.
Welcome to Social media
Half the
marketing is
done if you have
identified the
right influential
groups.
Social Influence Marketing
It is about recognizing,
accounting and tapping
into the fact that as a
potential consumer
makes a purchasing
decision, he or she is
being influenced by
different circles of people
through conversations
with them, both online
and offline.
Role of influencers in the marketing funnel
Source: www.razorfish.com
Implications for Brands
Brands must know who influences perception
Brands must know the effect of influencers
throughout the marketing funnel
Known peer influencers matter most at the
bottom of the funnel
Don’t forget the impact of offline influencers
Why SIM ?
• Brands must socialize
with consumers
• Brands must develop
a credible social voice
• Brands must provide a
return on emotion to
their consumers.
Influencers drive brand affinity
Key influencers
have their own blogs, huge
Twitter followings and rarely
know their audiences personally.
Social influencers
are in consumer’s social graph
and influence brand affinity and
purchasing decisions through
consumer reviews, by updating
their own status and Twitter
feeds and commenting on blogs
and forums.
Social Influencers
Peer Influencers
Key Influencers
Known Peer Influencers
Are the closest to both the
purchasing decision and to
the consumer. They are
typically family members, or
part of the consumer’s inner
circle.
They influence the
purchasing decision most
directly.
Measuring Social Influence Marketing
Social Influence Marketing (SIM) Score, which
measures two critical attributes:
• The total share of consumer conversations
your brand has online- a measure of reach.
• The degree to which consumers like or
dislike your brand when they talk to each
other about you online - consumer sentiment
- a measure of likeability
CALCULATION
• SIM Score = Net Sentiment for the Brand/Net Sentiment
for the Industry
The components of the above formula are:
• Net Sentiment for the Brand =
(Positive + Neutral Conversations – Negative
Conversations)
/Total Conversations for the Brand
• Net Sentiment for the Industry =
(Positive + Neutral Conversations – Negative Conversations)
/Total Conversations for the Industry
Source: www.razorfish.com
Brands have to
dance with the
tunes of customer.
Are social websites
just a place ?

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Social influence media

  • 1. Social Influence Media Alok Kumar Singh Pondicherry University
  • 2. It is facebook which caused the world’s worst recession after the great depression. But how?
  • 3. What Radio took 38 yrs. to reach
  • 4. What Television took 13 years to reach
  • 5. What Internet took 4 yrs. to reach
  • 6. What I pod took 3yrs. to reach
  • 7. It is 50 million user that we are talking about.
  • 8. • It took facebook less than one year to reach 200 million users. • That’s a clear lead over its predecessors. • Facebook reduced office productivity by 50% and thus caused recession.
  • 9. Three most populous country of the world are1 2 3 INDIA
  • 10. Prior to the internet the last technology that had any real effect on the way people sat down and talked was table. Prof. Clay Shirky
  • 11. Old concept The purpose of a business is to create a customer. Peter Drucker
  • 12. New Concept The purpose of a business is to create customers who in turn create customers.
  • 14. Half the marketing is done if you have identified the right influential groups.
  • 15. Social Influence Marketing It is about recognizing, accounting and tapping into the fact that as a potential consumer makes a purchasing decision, he or she is being influenced by different circles of people through conversations with them, both online and offline.
  • 16. Role of influencers in the marketing funnel Source: www.razorfish.com
  • 17. Implications for Brands Brands must know who influences perception Brands must know the effect of influencers throughout the marketing funnel Known peer influencers matter most at the bottom of the funnel Don’t forget the impact of offline influencers
  • 18. Why SIM ? • Brands must socialize with consumers • Brands must develop a credible social voice • Brands must provide a return on emotion to their consumers.
  • 19. Influencers drive brand affinity Key influencers have their own blogs, huge Twitter followings and rarely know their audiences personally. Social influencers are in consumer’s social graph and influence brand affinity and purchasing decisions through consumer reviews, by updating their own status and Twitter feeds and commenting on blogs and forums. Social Influencers Peer Influencers Key Influencers
  • 20. Known Peer Influencers Are the closest to both the purchasing decision and to the consumer. They are typically family members, or part of the consumer’s inner circle. They influence the purchasing decision most directly.
  • 21. Measuring Social Influence Marketing Social Influence Marketing (SIM) Score, which measures two critical attributes: • The total share of consumer conversations your brand has online- a measure of reach. • The degree to which consumers like or dislike your brand when they talk to each other about you online - consumer sentiment - a measure of likeability
  • 22. CALCULATION • SIM Score = Net Sentiment for the Brand/Net Sentiment for the Industry The components of the above formula are: • Net Sentiment for the Brand = (Positive + Neutral Conversations – Negative Conversations) /Total Conversations for the Brand • Net Sentiment for the Industry = (Positive + Neutral Conversations – Negative Conversations) /Total Conversations for the Industry Source: www.razorfish.com
  • 23. Brands have to dance with the tunes of customer. Are social websites just a place ?