SlideShare a Scribd company logo
BXi: Brand Experience Index
New Developments
In Conversation Measurement and Analytics
3
I just got my cool new iPhone from BestBuy;
however, I keep getting dropped calls on the
Brand X 4G network.
Most social sentiment tools botch
the analysis of this statement: net neutral
Positive
Negative
2
I just got my cool new iPhone from BestBuy;
however, I keep getting dropped calls on the
Brand X 4G network.
Positive
Negative
Flag Brands & Relative Importance
Custom Coding
can be industry or
category specific
Engagement
Transitional word
(Shift in Stance)
Brand Experience Index captures
topic, rationale, feelings and engagement
3
4
BXi is a metric that captures brand experience comments.
– Uses consumers’ words about a brand to make inferences regarding their
emotions, commitment and attraction toward that brand.
The BXi metric captures the 4 dimensions of stance:
Brand Experience Index was developed from advances
in natural language processing
Opinion
Belief or judgement about a brand
or brand experience
I think….
I believe….
Rationale Reasons for belief or commitment
…because….
…feel…
…heard….
Feeling
Detailed mood or emotion words or
statements
…love…
…hate…
….despise….
Agency
Personalization or distancing. Implied
ownership or action increases BXi.
Personal pronouns – I, we
Indefinite/Impersonal – anybody, it
83.1%
21.2%
11.2%
8.8%
8.2%
3.1%
-2.3%
-10% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%
Correlation to sales of $6B client with BXi and the sentiment metrics
of the six leading social data vendors
Sentiment Metric 1
Sentiment Metric 2
Sentiment Metric 3
Sentiment Metric 4
Sentiment Metric 5
Sentiment Metric 6
SEI Pos/Neg Ratio
Advanced analytics for conversations
finally provides a sales/volume linkage
5
BXi Pos/Neg Ratio
The Bottom-Line Analytics
Social Insights, Sales and ROI Framework
Fuse BXi with advanced
analytics to understand
brand positioning,
content drivers,
reputation and
resonating elements of
customer experience
Leverage existing
tools to listen and
monitor high-level
brand-experience
conversations
Measure language
based on
engagement and
importance via the
Brand Experience
Index - BXi
Get relevant
conversations
Transform text
to Metrics
Conversation
advanced analytics
VOC
monetization
Apply trended BXi
within media mix
modelling to monetize
customer experience
(earned social media)
with all other media
and quantify any
synergistic effects
BLA finds conversation impact on total sales
6
Brand & Category factors: Digital/Traditional media, pricing and store
penetration
Conversation factors: BXi customer experience/engagement, earned media,
and conversation drivers
Digital Display
BXi Conversation Analytics
Paid Search
Digital Email
Competitive Media
Direct Mail & Consumer Promotion
TV Media Network & Cable
Radio & Magazines
Economy, Store Expansion & Pricing
Seasonality
Weekly
Sales
Modeling Architecture
7
CaseStudy: CustomerExperience Listeningto Improve Operations
Returns
Fast Check-out
National
Brands
Price
* Knowhow
Consumer Conversations
Price
Hours
Knowhow
Associate
* Returns
General Policies & Experience BXi
89%
50%
50%
11%
General Policies &
Experience BXi
Departmental BXi
General Policies & Experience BXi
85%
19%
43%
38%
15%
General Policies &
Experience BXi
Departmental BXi
Business Health BXi
Professionals’ Conversations
Contribution to Consumer Sales Contribution to Professionals’ Sales
8
BXi Modeling Learning
Social conversation for Consumers
AND Professionals highly correlated
with Retailer’s sales. Yet, Customer
experience drivers were very different
between the segments. And
Professionals had a 3rd conversation
topic - business health - that was a
leading indicator of the retailer’s
sales.
BXi Modeling Impact
Retailer increased traffic, sales and
positive conversation by focusing on
operational factors important to
each segment.
9
CaseStudy: CustomerExperience Listeningto DriveRestaurant Traffic
-3.0%
-2.2%
-2.0%
-1.3%
-1.1%
-1.0%
-0.2%
-0.2%
-0.1%
0.0%
0.0%
0.1%
0.1%
0.1%
0.1%
0.3%
0.4%
0.4%
0.7%
3.7%
-4.0%-3.0%-2.0%-1.0%0.0% 1.0% 2.0% 3.0% 4.0% 5.0%
BXi- Menu
Retail Pricing
BXi - Food Quality
BXi - Service
BXi Delivery
Baseline
Direct.Mail
Media.Network.TV
Media.Magazines
Digital.Email
Media.Radio
Digital.Search.Media
Media.Cable.TV
Consumer.Promotion
Digital.Display.Media
Economy**
Competitive.Media
BXi - Value
BXi - Convenience
Store.Penetration
Company X Marketing Variance v. YA
Context
Overall retail sales declined -5.2% versus YA for
Company X.
BXi Modeling Learning
Despite growth in store penetration, the customer
experience with Menu, Food Quality, Service and
Delivery drove sales declines of -7.4%.
Positive customer experience factors of
Convenience and Value couldn’t offset the menu
and operational issues.
“Your brand
is what people say about you
when you’re not in the room.”
~ Jeff Bezos
Integrating what customers say with
what they do.
Conversation has not been linked
with brand volume until now.
10
Barbara Benjamin
Barbara@BottomLineAnalytics.com

More Related Content

Similar to Conversation Analytics for Customer Experience

Ch 17 designing imc monedero
Ch 17 designing imc monederoCh 17 designing imc monedero
Ch 17 designing imc monederomarosemonedero
 
Ch 17 designing imc monedero
Ch 17 designing imc monederoCh 17 designing imc monedero
Ch 17 designing imc monederomarosemonedero
 
Earned Media Amplification - Personal Care Brand
Earned Media Amplification - Personal Care BrandEarned Media Amplification - Personal Care Brand
Earned Media Amplification - Personal Care BrandMasood Akhtar
 
NY Women in Communications Digital Salon 102309
NY Women in Communications Digital Salon 102309NY Women in Communications Digital Salon 102309
NY Women in Communications Digital Salon 102309Sarah Hofstetter
 
Ibm cognos consumer_insight
Ibm cognos consumer_insightIbm cognos consumer_insight
Ibm cognos consumer_insightDelaney Turner
 
Somnio digital trends_q4_16
Somnio digital trends_q4_16Somnio digital trends_q4_16
Somnio digital trends_q4_16Blaine Prince
 
Business to Business Branding - Introduction to Branding
Business to Business Branding - Introduction to BrandingBusiness to Business Branding - Introduction to Branding
Business to Business Branding - Introduction to BrandingRai University Ahmedabad
 
Creating A Social Media Plan
Creating A Social Media PlanCreating A Social Media Plan
Creating A Social Media PlanSteve Shepherd
 
Bye, Bye Research. Hello Data Mining!
Bye, Bye Research.  Hello Data Mining!Bye, Bye Research.  Hello Data Mining!
Bye, Bye Research. Hello Data Mining!cgomez10
 
In sites consulting conversation mapping
In sites consulting conversation mappingIn sites consulting conversation mapping
In sites consulting conversation mappingSteven Van Belleghem
 
Driving Sales Exec Summit - Using Social to Drive Business
Driving Sales Exec Summit - Using Social to Drive BusinessDriving Sales Exec Summit - Using Social to Drive Business
Driving Sales Exec Summit - Using Social to Drive BusinessAaron Strout
 
Feeding Business Growth: PR, Marketing, Advertising, Business Development
Feeding Business Growth:  PR, Marketing, Advertising, Business DevelopmentFeeding Business Growth:  PR, Marketing, Advertising, Business Development
Feeding Business Growth: PR, Marketing, Advertising, Business DevelopmentDawn Yankeelov
 
Learning from listening
Learning from listeningLearning from listening
Learning from listeningBob Barker
 
Marketing to a Segment of One - Fico ExactTarget Webinar
Marketing to a Segment of One - Fico ExactTarget WebinarMarketing to a Segment of One - Fico ExactTarget Webinar
Marketing to a Segment of One - Fico ExactTarget WebinarSalesforce Marketing Cloud
 
Social Media Convergence - The ARF/Adweek 2009
Social Media Convergence - The ARF/Adweek 2009Social Media Convergence - The ARF/Adweek 2009
Social Media Convergence - The ARF/Adweek 2009Lynne d Johnson
 
Social Networking For Business Presentation
Social Networking For Business PresentationSocial Networking For Business Presentation
Social Networking For Business PresentationDeBoone
 

Similar to Conversation Analytics for Customer Experience (20)

Ch 17 designing imc monedero
Ch 17 designing imc monederoCh 17 designing imc monedero
Ch 17 designing imc monedero
 
Ch 17 designing imc monedero
Ch 17 designing imc monederoCh 17 designing imc monedero
Ch 17 designing imc monedero
 
Creating a social_media_plan
Creating a social_media_planCreating a social_media_plan
Creating a social_media_plan
 
Earned Media Amplification - Personal Care Brand
Earned Media Amplification - Personal Care BrandEarned Media Amplification - Personal Care Brand
Earned Media Amplification - Personal Care Brand
 
Brand analytics
Brand analyticsBrand analytics
Brand analytics
 
NY Women in Communications Digital Salon 102309
NY Women in Communications Digital Salon 102309NY Women in Communications Digital Salon 102309
NY Women in Communications Digital Salon 102309
 
Ibm cognos consumer_insight
Ibm cognos consumer_insightIbm cognos consumer_insight
Ibm cognos consumer_insight
 
Somnio digital trends_q4_16
Somnio digital trends_q4_16Somnio digital trends_q4_16
Somnio digital trends_q4_16
 
Business to Business Branding - Introduction to Branding
Business to Business Branding - Introduction to BrandingBusiness to Business Branding - Introduction to Branding
Business to Business Branding - Introduction to Branding
 
Social Media Planning
Social Media PlanningSocial Media Planning
Social Media Planning
 
Creating A Social Media Plan
Creating A Social Media PlanCreating A Social Media Plan
Creating A Social Media Plan
 
Bye, Bye Research. Hello Data Mining!
Bye, Bye Research.  Hello Data Mining!Bye, Bye Research.  Hello Data Mining!
Bye, Bye Research. Hello Data Mining!
 
In sites consulting conversation mapping
In sites consulting conversation mappingIn sites consulting conversation mapping
In sites consulting conversation mapping
 
Driving Sales Exec Summit - Using Social to Drive Business
Driving Sales Exec Summit - Using Social to Drive BusinessDriving Sales Exec Summit - Using Social to Drive Business
Driving Sales Exec Summit - Using Social to Drive Business
 
Driving sales 10 14-09
Driving sales 10 14-09Driving sales 10 14-09
Driving sales 10 14-09
 
Feeding Business Growth: PR, Marketing, Advertising, Business Development
Feeding Business Growth:  PR, Marketing, Advertising, Business DevelopmentFeeding Business Growth:  PR, Marketing, Advertising, Business Development
Feeding Business Growth: PR, Marketing, Advertising, Business Development
 
Learning from listening
Learning from listeningLearning from listening
Learning from listening
 
Marketing to a Segment of One - Fico ExactTarget Webinar
Marketing to a Segment of One - Fico ExactTarget WebinarMarketing to a Segment of One - Fico ExactTarget Webinar
Marketing to a Segment of One - Fico ExactTarget Webinar
 
Social Media Convergence - The ARF/Adweek 2009
Social Media Convergence - The ARF/Adweek 2009Social Media Convergence - The ARF/Adweek 2009
Social Media Convergence - The ARF/Adweek 2009
 
Social Networking For Business Presentation
Social Networking For Business PresentationSocial Networking For Business Presentation
Social Networking For Business Presentation
 

Recently uploaded

AI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CROAI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CROVWO
 
SAUDI ARABIA MARKET OVERVIEW-PARTICLE BOARD.docx.pdf
SAUDI ARABIA MARKET OVERVIEW-PARTICLE BOARD.docx.pdfSAUDI ARABIA MARKET OVERVIEW-PARTICLE BOARD.docx.pdf
SAUDI ARABIA MARKET OVERVIEW-PARTICLE BOARD.docx.pdfJaveed khawaja
 
Kế hoạch Digital Marketing cho bánh Cosy
Kế hoạch Digital Marketing cho bánh CosyKế hoạch Digital Marketing cho bánh Cosy
Kế hoạch Digital Marketing cho bánh CosyQunhTh53
 
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdflevuag
 
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingFelipe Bazon
 
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysMastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysSearch Engine Journal
 
How to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social PlatformsHow to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social PlatformsVWO
 
SMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the worldSMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the worldsmmpanel567
 
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTERDeepakTripathi733493
 
Awesome Free Global Opportunity Online Mining Crypto Currency On Your Mobile...
Awesome Free Global  Opportunity Online Mining Crypto Currency On Your Mobile...Awesome Free Global  Opportunity Online Mining Crypto Currency On Your Mobile...
Awesome Free Global Opportunity Online Mining Crypto Currency On Your Mobile...faugserv
 
Ash By Ash Benson Rebrand Creative Direction
Ash By Ash Benson Rebrand Creative DirectionAsh By Ash Benson Rebrand Creative Direction
Ash By Ash Benson Rebrand Creative DirectionMark Milutin
 
The What, Why & How of 3D and AR in Digital Commerce
The What, Why & How of 3D and AR in Digital CommerceThe What, Why & How of 3D and AR in Digital Commerce
The What, Why & How of 3D and AR in Digital CommercePushON Ltd
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBalmerLawrie
 
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_Version
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_VersionThe_Canvas_of_Creative_Mastery_Newsletter_May_2024_Version
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_VersionAmirYakdi
 
The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023Pascal Fintoni
 
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly BulletinBLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly BulletinBalmerLawrie
 
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthTop 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthDemandbase
 
Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024Andy Lambert
 
Search Engine Marketing - Competitor and Keyword research
Search Engine Marketing  - Competitor and Keyword researchSearch Engine Marketing  - Competitor and Keyword research
Search Engine Marketing - Competitor and Keyword researchETMARK ACADEMY
 
Coca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing planCoca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing planMaswer Ali
 

Recently uploaded (20)

AI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CROAI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
 
SAUDI ARABIA MARKET OVERVIEW-PARTICLE BOARD.docx.pdf
SAUDI ARABIA MARKET OVERVIEW-PARTICLE BOARD.docx.pdfSAUDI ARABIA MARKET OVERVIEW-PARTICLE BOARD.docx.pdf
SAUDI ARABIA MARKET OVERVIEW-PARTICLE BOARD.docx.pdf
 
Kế hoạch Digital Marketing cho bánh Cosy
Kế hoạch Digital Marketing cho bánh CosyKế hoạch Digital Marketing cho bánh Cosy
Kế hoạch Digital Marketing cho bánh Cosy
 
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf
 
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
 
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysMastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
 
How to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social PlatformsHow to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social Platforms
 
SMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the worldSMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the world
 
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
 
Awesome Free Global Opportunity Online Mining Crypto Currency On Your Mobile...
Awesome Free Global  Opportunity Online Mining Crypto Currency On Your Mobile...Awesome Free Global  Opportunity Online Mining Crypto Currency On Your Mobile...
Awesome Free Global Opportunity Online Mining Crypto Currency On Your Mobile...
 
Ash By Ash Benson Rebrand Creative Direction
Ash By Ash Benson Rebrand Creative DirectionAsh By Ash Benson Rebrand Creative Direction
Ash By Ash Benson Rebrand Creative Direction
 
The What, Why & How of 3D and AR in Digital Commerce
The What, Why & How of 3D and AR in Digital CommerceThe What, Why & How of 3D and AR in Digital Commerce
The What, Why & How of 3D and AR in Digital Commerce
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
 
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_Version
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_VersionThe_Canvas_of_Creative_Mastery_Newsletter_May_2024_Version
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_Version
 
The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023
 
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly BulletinBLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
 
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthTop 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
 
Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024
 
Search Engine Marketing - Competitor and Keyword research
Search Engine Marketing  - Competitor and Keyword researchSearch Engine Marketing  - Competitor and Keyword research
Search Engine Marketing - Competitor and Keyword research
 
Coca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing planCoca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing plan
 

Conversation Analytics for Customer Experience

  • 1. BXi: Brand Experience Index New Developments In Conversation Measurement and Analytics 3
  • 2. I just got my cool new iPhone from BestBuy; however, I keep getting dropped calls on the Brand X 4G network. Most social sentiment tools botch the analysis of this statement: net neutral Positive Negative 2
  • 3. I just got my cool new iPhone from BestBuy; however, I keep getting dropped calls on the Brand X 4G network. Positive Negative Flag Brands & Relative Importance Custom Coding can be industry or category specific Engagement Transitional word (Shift in Stance) Brand Experience Index captures topic, rationale, feelings and engagement 3
  • 4. 4 BXi is a metric that captures brand experience comments. – Uses consumers’ words about a brand to make inferences regarding their emotions, commitment and attraction toward that brand. The BXi metric captures the 4 dimensions of stance: Brand Experience Index was developed from advances in natural language processing Opinion Belief or judgement about a brand or brand experience I think…. I believe…. Rationale Reasons for belief or commitment …because…. …feel… …heard…. Feeling Detailed mood or emotion words or statements …love… …hate… ….despise…. Agency Personalization or distancing. Implied ownership or action increases BXi. Personal pronouns – I, we Indefinite/Impersonal – anybody, it
  • 5. 83.1% 21.2% 11.2% 8.8% 8.2% 3.1% -2.3% -10% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Correlation to sales of $6B client with BXi and the sentiment metrics of the six leading social data vendors Sentiment Metric 1 Sentiment Metric 2 Sentiment Metric 3 Sentiment Metric 4 Sentiment Metric 5 Sentiment Metric 6 SEI Pos/Neg Ratio Advanced analytics for conversations finally provides a sales/volume linkage 5 BXi Pos/Neg Ratio
  • 6. The Bottom-Line Analytics Social Insights, Sales and ROI Framework Fuse BXi with advanced analytics to understand brand positioning, content drivers, reputation and resonating elements of customer experience Leverage existing tools to listen and monitor high-level brand-experience conversations Measure language based on engagement and importance via the Brand Experience Index - BXi Get relevant conversations Transform text to Metrics Conversation advanced analytics VOC monetization Apply trended BXi within media mix modelling to monetize customer experience (earned social media) with all other media and quantify any synergistic effects BLA finds conversation impact on total sales 6
  • 7. Brand & Category factors: Digital/Traditional media, pricing and store penetration Conversation factors: BXi customer experience/engagement, earned media, and conversation drivers Digital Display BXi Conversation Analytics Paid Search Digital Email Competitive Media Direct Mail & Consumer Promotion TV Media Network & Cable Radio & Magazines Economy, Store Expansion & Pricing Seasonality Weekly Sales Modeling Architecture 7
  • 8. CaseStudy: CustomerExperience Listeningto Improve Operations Returns Fast Check-out National Brands Price * Knowhow Consumer Conversations Price Hours Knowhow Associate * Returns General Policies & Experience BXi 89% 50% 50% 11% General Policies & Experience BXi Departmental BXi General Policies & Experience BXi 85% 19% 43% 38% 15% General Policies & Experience BXi Departmental BXi Business Health BXi Professionals’ Conversations Contribution to Consumer Sales Contribution to Professionals’ Sales 8 BXi Modeling Learning Social conversation for Consumers AND Professionals highly correlated with Retailer’s sales. Yet, Customer experience drivers were very different between the segments. And Professionals had a 3rd conversation topic - business health - that was a leading indicator of the retailer’s sales. BXi Modeling Impact Retailer increased traffic, sales and positive conversation by focusing on operational factors important to each segment.
  • 9. 9 CaseStudy: CustomerExperience Listeningto DriveRestaurant Traffic -3.0% -2.2% -2.0% -1.3% -1.1% -1.0% -0.2% -0.2% -0.1% 0.0% 0.0% 0.1% 0.1% 0.1% 0.1% 0.3% 0.4% 0.4% 0.7% 3.7% -4.0%-3.0%-2.0%-1.0%0.0% 1.0% 2.0% 3.0% 4.0% 5.0% BXi- Menu Retail Pricing BXi - Food Quality BXi - Service BXi Delivery Baseline Direct.Mail Media.Network.TV Media.Magazines Digital.Email Media.Radio Digital.Search.Media Media.Cable.TV Consumer.Promotion Digital.Display.Media Economy** Competitive.Media BXi - Value BXi - Convenience Store.Penetration Company X Marketing Variance v. YA Context Overall retail sales declined -5.2% versus YA for Company X. BXi Modeling Learning Despite growth in store penetration, the customer experience with Menu, Food Quality, Service and Delivery drove sales declines of -7.4%. Positive customer experience factors of Convenience and Value couldn’t offset the menu and operational issues.
  • 10. “Your brand is what people say about you when you’re not in the room.” ~ Jeff Bezos Integrating what customers say with what they do. Conversation has not been linked with brand volume until now. 10 Barbara Benjamin Barbara@BottomLineAnalytics.com