Social Listening
                     Social Business Agency
Thought Provoker
     April 2, 2012
Today’s Agenda

•   Introduction
•   Overview of Listening
•   Social Listening in Business
•   Process and Approach
•   Case Studies
•   Social Listening Tools
•   Sysomos Listening Demo
•   Questions
Introduction
Hello




                       James Davidson
        Vice President – Digital & Community Strategy
                    7summitsagency.com
                        @jdavidson
                         LinkedIn
Who is 7Summits?
   Social Business Agency


                       +
                                  FOUNDED
                                             2009
        Strategy

                     Experience
                                  TEAM
                                             35+
  +

                                             1 million+
                                  CURRENT
        Technology                AUDIENCE
                                  REACH

                           +
SOCIAL MEDIA FOR BUSINESS




 Engage Customers, Employees,
 and Partners to Build your
 Business
          Customers                 Employees / Enterprise                   Partners
✓ Brand and Reputation            ✓ Corporate Communication         ✓   Supply Chain Management
    Management                    ✓ Social Collaboration            ✓   Sales Enablement
✓   Social Marketing              ✓ Sales Enablement                ✓   Social Intranets
✓   Social Commerce               ✓ Product / Service Development   ✓   Social Extranets
✓   Customer Support              ✓ HR, Recruiting, and Employee
    Communities                     Development
✓   Events                        ✓ Intranet / Portal Evolution
✓   Customer Loyalty &Retention   ✓ Social Press Room


                                  Destination Communities
Overview of Listening
Social Business
                 Social Relevancy                                    Social Enablement

                                                                Product
                             Mobile                             Develop-                    Sales
        Open
                                                                 ment                      Marketing
        Social
                                             Engagement


                   Website        Commerce
                                                                             Company

     Search
                                             Social Listening
                              Managed
                               Social
                                                                Customer
                 Owned                                                                        HR
                                                                 Support
                 Media




     Permeating the Social Web with your               Leveraging social media in the enterprise to serve
products and services while engaging customers,         relevant resources, connections and content at
           advocates and influencers                         the moment of need to deliver value
Why Social listening?


Companies are trying to monitor a massive volume of information
but feel overwhelmed. Opportunities exist to discover:
    • Real time consumer insights
    • Industry trends
    • Competitive intelligence
    • Sales leads
    • Marketing opportunities.
Customers and prospects are commenting and asking questions
regardless of an organizations’ participation in the conversation.
Vast amounts of information, make it difficult to identify
stakeholders’:
    • Preferred social media channels
    • Strategies for engaging them.
What is social listening?

• Social listening, is the process of identifying and assessing
  what is being said about a company, individual, product or
  brand across all social media channels including; Facebook,
  Twitter, Blogs, Forums, News, Video sites, Photo sites, etc.
• Information is collected, filtered, and analyzed to provide real
  time research that a business can use for intelligence.
• Common Measurements Include:
   –   Sentiment
   –   Share of Voice
   –   Conversation Mapping
   –   Volume
   –   Advocate/Influential Platform Identification
“Listening” & Measurement
What Listening Platforms Do

Find the audience that matters to you.

  • Get access to direct consumer feedback -
    unbiased, unfiltered, immediate

  • Gain a richer understanding of consumer
    interaction and influence on the social web
Social Listening Dashboards
Social Listening in Business
Purpose / Opportunity Statements:
    Business Need/Opportunity                   How Social Listening Can Help?

Identify where and how a company’s      Enables companies to get a definitive list of social
target audience is using social media   media outlets where customers are engaging
                                        (e.g. blogs, communities, social networks)


Facilitate connecting and               Enables connectedness by allowing employees to
communicating of customers and          locate relevant conversations across the social
employees                               web and interact (e.g. outreach, lead generation)


Reduce customer service operation       Decreases volume of support calls by heading off
costs.                                  negative posts + common questions in social media

Increase customer satisfaction          Enables authentic two-way conversation with
                                        customers.

Provide contemporary way for            Becomes a way to capture and incorporate real-
customers to give feedback & share      time ideas, feedback, and customer driven
ideas.                                  innovation.
Social Media Highlights - Forrester US Interactive
Marketing Forecast, 2011 To 2016
Forecast: US Interactive
Marketing Spend                             Forecast: US Social Media Spend




Highlights:
• Social media management is relatively low-cost
• Search budgets will move to mobile and social networks overtime
• Listening will develop into social intelligence.
• Interactive channels will only further out-perform offline channels
Corporations are investing in real-time social media
intelligence
Process and Approach
Social Listening




                   Source: The Relationship Economy
Our Social Listening Approach
Social listening analysis is developed through an intensive process of analysis and data
refinement.


Our Approach                                              Listen



                                                          Filter



                                                        Analyze



                                                     Recommend
Insurance Provider - Search versus Social

                 Search                                                   Social
 How Insurance Provider targets consumers with                How consumers are talking about
   SEO for “Dental Care” + “Dental Insurance”             “Dental Care” + “Dental Insurance” in Social


Illustrative keyword topics driving website           Top Conversational Topics In Social Media:
traffic:
• Brand: Insurance Provider                           •     Cost
• Product Type: Dental, Vision, Individual            •     Comparison Shopping – Provider A vs. B
• Price: Affordable, Quote                       VS   •     Coverage
• Need: Procedure, Preventative Care                  •     Oral Health
• Locations: Illinois, Alaabama                       •     Employment Status
• Information: ADA codes, benefits,                   •     Provider Recommendations
     terminology



 Takeaway: Aligning Search and Social marketing key words and phrases will
  improve overall online relevancy: Seed the conversations in social that are
   targeted in search and include relevant topics to drive online relevancy.
Case Studies
Case Study: Southwest Airlines
Customer Service and Acquisition
• Southwest Airlines conducts
  Social Media Listening and
  continued monitoring of their
  brand as well as their
  competitors (United Airlines,
  American Airlines, etc.)
• When they find a disgruntled
  customer of their own or their
  competitors’, they actively
  reach out through social media
  trying to resolve their issue



Takeaway: By reaching out to dissatisfied customers, Southwest has been able
to grow their own fan base and delight their existing customers while acquiring
                                 new ones.
Case Study: BP
Reputation and Disaster Management
• Prior to the oil spill in April 2010, BP did not actively use
  their Social Media accounts.
• Regardless, overall sentiment for BP was favorable.




           BP Sentiment: January 1, 2010 – April 20, 2010 (Source: Sysomos.com)
Case Study: BP
Reputation and Disaster Management
After the spill, positive sentiment for BP dropped to just 16%,
while the number of mentions increased by nearly 6X.




                    BP Sentiment : April 20, 2010 – July 15 (Source: Sysomos.com)
Case Study: BP
Reputation and Disaster Management
• BP’s lack of a social listening and response mechanism caused their crisis
  management to spin out of control
• After the spill, it took BP 7 days to respond on Twitter
• Parody Twitter account @BPGlobalPR became the top organic search
  result when “BP PR” or “BP public relations” was Googled
    – This account further hurt BP’s online reputation, and meant BP no
      longer had control of their brand.




Takeaway: By not having a social listening program and a disaster recovery plan
in place BP created significant damage to their online brand and reputation and
                           a perception they didn’t care
Case Study: Nike
Product Innovation
Nike leveraged social listening tools to gain
insights from customers into cross trainers and
used that information to reposition the product
for stronger revenue generation.
Insights gained from social listening informed
creation of a running sensor and iPhone
application that allowed consumers to
challenge friends to a virtual race - moving the
brand position for cross trainers to be more
competitive.
Participants were also more likely to join the
Nike Running community where they where
exposed to more products creates sales
opportunities.

  Takeaway: By connecting social media insights with product
managers Nike managed to generate a profitable new product line.
Social Listening Tools
Professional Social Media Listening Tools
Free Social Listening Tools
 • Social mention: Real-time social media search and analysis:
 • Trackur – Free simple reputation monitoring
 • Board Reader – Searches forums, blog posts, images, and blogs
 • Google Alerts – Receive email notifications based on your search queries
 • Twitter Search – Search tweets real-time by keyword, hashtag or user
 * Even though there are some free tools, they are not as comprehensive or in-depth
 as the paid ones, and their functionality decreases as many begin charging fees.
Sysomos Listening Demo
Thank You.
             Social Business Agency

Marquette Social Listening presentation

  • 1.
    Social Listening Social Business Agency Thought Provoker April 2, 2012
  • 2.
    Today’s Agenda • Introduction • Overview of Listening • Social Listening in Business • Process and Approach • Case Studies • Social Listening Tools • Sysomos Listening Demo • Questions
  • 3.
  • 4.
    Hello James Davidson Vice President – Digital & Community Strategy 7summitsagency.com @jdavidson LinkedIn
  • 5.
    Who is 7Summits? Social Business Agency + FOUNDED 2009 Strategy Experience TEAM 35+ + 1 million+ CURRENT Technology AUDIENCE REACH +
  • 6.
    SOCIAL MEDIA FORBUSINESS Engage Customers, Employees, and Partners to Build your Business Customers Employees / Enterprise Partners ✓ Brand and Reputation ✓ Corporate Communication ✓ Supply Chain Management Management ✓ Social Collaboration ✓ Sales Enablement ✓ Social Marketing ✓ Sales Enablement ✓ Social Intranets ✓ Social Commerce ✓ Product / Service Development ✓ Social Extranets ✓ Customer Support ✓ HR, Recruiting, and Employee Communities Development ✓ Events ✓ Intranet / Portal Evolution ✓ Customer Loyalty &Retention ✓ Social Press Room Destination Communities
  • 7.
  • 8.
    Social Business Social Relevancy Social Enablement Product Mobile Develop- Sales Open ment Marketing Social Engagement Website Commerce Company Search Social Listening Managed Social Customer Owned HR Support Media Permeating the Social Web with your Leveraging social media in the enterprise to serve products and services while engaging customers, relevant resources, connections and content at advocates and influencers the moment of need to deliver value
  • 9.
    Why Social listening? Companiesare trying to monitor a massive volume of information but feel overwhelmed. Opportunities exist to discover: • Real time consumer insights • Industry trends • Competitive intelligence • Sales leads • Marketing opportunities. Customers and prospects are commenting and asking questions regardless of an organizations’ participation in the conversation. Vast amounts of information, make it difficult to identify stakeholders’: • Preferred social media channels • Strategies for engaging them.
  • 10.
    What is sociallistening? • Social listening, is the process of identifying and assessing what is being said about a company, individual, product or brand across all social media channels including; Facebook, Twitter, Blogs, Forums, News, Video sites, Photo sites, etc. • Information is collected, filtered, and analyzed to provide real time research that a business can use for intelligence. • Common Measurements Include: – Sentiment – Share of Voice – Conversation Mapping – Volume – Advocate/Influential Platform Identification
  • 11.
  • 12.
    What Listening PlatformsDo Find the audience that matters to you. • Get access to direct consumer feedback - unbiased, unfiltered, immediate • Gain a richer understanding of consumer interaction and influence on the social web
  • 13.
  • 14.
  • 15.
    Purpose / OpportunityStatements: Business Need/Opportunity How Social Listening Can Help? Identify where and how a company’s Enables companies to get a definitive list of social target audience is using social media media outlets where customers are engaging (e.g. blogs, communities, social networks) Facilitate connecting and Enables connectedness by allowing employees to communicating of customers and locate relevant conversations across the social employees web and interact (e.g. outreach, lead generation) Reduce customer service operation Decreases volume of support calls by heading off costs. negative posts + common questions in social media Increase customer satisfaction Enables authentic two-way conversation with customers. Provide contemporary way for Becomes a way to capture and incorporate real- customers to give feedback & share time ideas, feedback, and customer driven ideas. innovation.
  • 16.
    Social Media Highlights- Forrester US Interactive Marketing Forecast, 2011 To 2016 Forecast: US Interactive Marketing Spend Forecast: US Social Media Spend Highlights: • Social media management is relatively low-cost • Search budgets will move to mobile and social networks overtime • Listening will develop into social intelligence. • Interactive channels will only further out-perform offline channels
  • 17.
    Corporations are investingin real-time social media intelligence
  • 18.
  • 19.
    Social Listening Source: The Relationship Economy
  • 20.
    Our Social ListeningApproach Social listening analysis is developed through an intensive process of analysis and data refinement. Our Approach Listen Filter Analyze Recommend
  • 21.
    Insurance Provider -Search versus Social Search Social How Insurance Provider targets consumers with How consumers are talking about SEO for “Dental Care” + “Dental Insurance” “Dental Care” + “Dental Insurance” in Social Illustrative keyword topics driving website Top Conversational Topics In Social Media: traffic: • Brand: Insurance Provider • Cost • Product Type: Dental, Vision, Individual • Comparison Shopping – Provider A vs. B • Price: Affordable, Quote VS • Coverage • Need: Procedure, Preventative Care • Oral Health • Locations: Illinois, Alaabama • Employment Status • Information: ADA codes, benefits, • Provider Recommendations terminology Takeaway: Aligning Search and Social marketing key words and phrases will improve overall online relevancy: Seed the conversations in social that are targeted in search and include relevant topics to drive online relevancy.
  • 22.
  • 23.
    Case Study: SouthwestAirlines Customer Service and Acquisition • Southwest Airlines conducts Social Media Listening and continued monitoring of their brand as well as their competitors (United Airlines, American Airlines, etc.) • When they find a disgruntled customer of their own or their competitors’, they actively reach out through social media trying to resolve their issue Takeaway: By reaching out to dissatisfied customers, Southwest has been able to grow their own fan base and delight their existing customers while acquiring new ones.
  • 24.
    Case Study: BP Reputationand Disaster Management • Prior to the oil spill in April 2010, BP did not actively use their Social Media accounts. • Regardless, overall sentiment for BP was favorable. BP Sentiment: January 1, 2010 – April 20, 2010 (Source: Sysomos.com)
  • 25.
    Case Study: BP Reputationand Disaster Management After the spill, positive sentiment for BP dropped to just 16%, while the number of mentions increased by nearly 6X. BP Sentiment : April 20, 2010 – July 15 (Source: Sysomos.com)
  • 26.
    Case Study: BP Reputationand Disaster Management • BP’s lack of a social listening and response mechanism caused their crisis management to spin out of control • After the spill, it took BP 7 days to respond on Twitter • Parody Twitter account @BPGlobalPR became the top organic search result when “BP PR” or “BP public relations” was Googled – This account further hurt BP’s online reputation, and meant BP no longer had control of their brand. Takeaway: By not having a social listening program and a disaster recovery plan in place BP created significant damage to their online brand and reputation and a perception they didn’t care
  • 27.
    Case Study: Nike ProductInnovation Nike leveraged social listening tools to gain insights from customers into cross trainers and used that information to reposition the product for stronger revenue generation. Insights gained from social listening informed creation of a running sensor and iPhone application that allowed consumers to challenge friends to a virtual race - moving the brand position for cross trainers to be more competitive. Participants were also more likely to join the Nike Running community where they where exposed to more products creates sales opportunities. Takeaway: By connecting social media insights with product managers Nike managed to generate a profitable new product line.
  • 28.
  • 29.
  • 30.
    Free Social ListeningTools • Social mention: Real-time social media search and analysis: • Trackur – Free simple reputation monitoring • Board Reader – Searches forums, blog posts, images, and blogs • Google Alerts – Receive email notifications based on your search queries • Twitter Search – Search tweets real-time by keyword, hashtag or user * Even though there are some free tools, they are not as comprehensive or in-depth as the paid ones, and their functionality decreases as many begin charging fees.
  • 31.
  • 32.
    Thank You. Social Business Agency