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PRESENTED TO: Seattle Interactive Conference 2013

Social Analytics: Why You Need
More Than “Likes”
Page Sands, VP – Social & Digital Marketing
Agenda

SIC

Social Marketing Analytics

• Social marketing today
• The limitations of social properties
• A new perspective on what to measure
• The value of testing and optimization
• How to use paid amplification to boost content

2

2
Social analytics don’t have to cause anxiety.

SIC

Social Marketing Analytics

3

3
Social marketers are miracle workers!

SIC

Social Marketing Analytics

• Generate awareness and buzz
• Produce and convert leads
• Foster satisfied, loyal customers
….with a steady stream of compelling, targeted content

4

4
SIC

Social Marketing Analytics

…on limited channels

5

5
SIC

Social Marketing Analytics

6

6
SIC

Social Marketing Analytics

7

7
Social Marketing Today

Channels

Content goes in…

…Metrics go out
Followers, retweets

Fans, likes, comments, shares

Likes, comments, shares

8

8
Fans & followers already know you…..
•

Reaching new customers on social channels is
difficult

•

The decision to buy isn’t necessarily formed
on your social channels

•

Social channels are not an efficient lead
generation tactic

•

SIC

Social Marketing Analytics

Limited reach and visibility of social content

9

9
Fans & followers already know you…..
•

Social properties are a loyalty platform

•

Uniquely suited for a variety of goals ranging
from increasing customer satisfaction to
encouraging loyalty

•

Promotional content or content that highlights
features/benefits might fail

•

Instead, show current customers how to
maximize the value of their purchase [Customer
Satisfaction & Retention]

•

SIC

Social Marketing Analytics

Let’s focus on the right tools for the job

10 10
SIC

Social Marketing Analytics

11 11
Why—and how to—measure unowned channels?
•

Social networking is a behavior

•

When evaluating considered products,
humans tend to consult with peers
during the decision-making process

•

Consideration behavior happens in the
3rd party blogs and forums known as
communities of interest (COIs)

•

This is where brands are openly
discussed and products and alternatives
are evaluated 24/7

•

SIC

Social Marketing Analytics

With this perspective, marketers can
develop the right content and determine
where it should go and why with great
precision

12 12
Measure results across your entire social ecosystem

SIC

Social Marketing Analytics

Distribute and promote content across multiple channels to guide decision-making
behavior at different stages of the customer lifecycle

Risk
Reduction

Peer
Networks

Social
Properties

Brand
Loyalty

Content
Prospects

Influencers

Peer Networks &
Communities of Interest
Product guides
Recommendations
Reviews & Ratings
Top Ten Benefits
Reasons to Buy

Customers

Advocates

Social Properties

Offers & Promotions
Service & Support
Unboxing Videos
Product Updates
News & Announcement

13 13
Measure results across your entire social ecosystem

SIC

Social Marketing Analytics

For your social efforts to succeed, you must be able to answer the following questions.
1.
2.
3.
4.
5.
6.
7.
8.
9.

What are the communities where my audience makes purchasing decisions?
Is my brand delivering on its value prop?
What are the conversation topics involving my brand?
Are my customers satisfied?
Which campaigns/channels are converting?
How are the social channels performing against other tactics?
How is the content performing on my social channels?
What is the impact of my social/content efforts on my web site?
?

14 14
What are the communities where my audience makes
purchasing decisions?
•

Listening & monitoring
• Where are my customers?
• Keyword alerts
• Search
• Where are potential customers
• Access Points

•

SIC

Social Marketing Analytics

Data collection
• Alexa & Quantcast
• Inbound links
• PageRank
• Frequency & relevance of conversation

15 15
SIC

What are the discussion topics & why do they matter?
•

Inform all areas of the business from search to
product development to customer service teams

•

Develop insight into audience motivators and triggers

•

Understand the volume of conversation around your
brand relative to the competition

•

Determine what’s driving the conversation

•

Understand the topics and sentiment

•

Social Marketing Analytics

Identify metrics that matter
• Positive/Negative/Neutral sentiment
• By topic

Custodian of the social data

16 16
What are the discussion topics and why do they matter?

SIC

Social Marketing Analytics

17 17
Why you need a dashboard

SIC

Social Marketing Analytics

18 18
Why you need a dashboard

SIC

Social Marketing Analytics

Confidential 11/4/2013

19 19

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Social Analytics: Why you need more than "likes"

  • 1. PRESENTED TO: Seattle Interactive Conference 2013 Social Analytics: Why You Need More Than “Likes” Page Sands, VP – Social & Digital Marketing
  • 2. Agenda SIC Social Marketing Analytics • Social marketing today • The limitations of social properties • A new perspective on what to measure • The value of testing and optimization • How to use paid amplification to boost content 2 2
  • 3. Social analytics don’t have to cause anxiety. SIC Social Marketing Analytics 3 3
  • 4. Social marketers are miracle workers! SIC Social Marketing Analytics • Generate awareness and buzz • Produce and convert leads • Foster satisfied, loyal customers ….with a steady stream of compelling, targeted content 4 4
  • 8. Social Marketing Today Channels Content goes in… …Metrics go out Followers, retweets Fans, likes, comments, shares Likes, comments, shares 8 8
  • 9. Fans & followers already know you….. • Reaching new customers on social channels is difficult • The decision to buy isn’t necessarily formed on your social channels • Social channels are not an efficient lead generation tactic • SIC Social Marketing Analytics Limited reach and visibility of social content 9 9
  • 10. Fans & followers already know you….. • Social properties are a loyalty platform • Uniquely suited for a variety of goals ranging from increasing customer satisfaction to encouraging loyalty • Promotional content or content that highlights features/benefits might fail • Instead, show current customers how to maximize the value of their purchase [Customer Satisfaction & Retention] • SIC Social Marketing Analytics Let’s focus on the right tools for the job 10 10
  • 12. Why—and how to—measure unowned channels? • Social networking is a behavior • When evaluating considered products, humans tend to consult with peers during the decision-making process • Consideration behavior happens in the 3rd party blogs and forums known as communities of interest (COIs) • This is where brands are openly discussed and products and alternatives are evaluated 24/7 • SIC Social Marketing Analytics With this perspective, marketers can develop the right content and determine where it should go and why with great precision 12 12
  • 13. Measure results across your entire social ecosystem SIC Social Marketing Analytics Distribute and promote content across multiple channels to guide decision-making behavior at different stages of the customer lifecycle Risk Reduction Peer Networks Social Properties Brand Loyalty Content Prospects Influencers Peer Networks & Communities of Interest Product guides Recommendations Reviews & Ratings Top Ten Benefits Reasons to Buy Customers Advocates Social Properties Offers & Promotions Service & Support Unboxing Videos Product Updates News & Announcement 13 13
  • 14. Measure results across your entire social ecosystem SIC Social Marketing Analytics For your social efforts to succeed, you must be able to answer the following questions. 1. 2. 3. 4. 5. 6. 7. 8. 9. What are the communities where my audience makes purchasing decisions? Is my brand delivering on its value prop? What are the conversation topics involving my brand? Are my customers satisfied? Which campaigns/channels are converting? How are the social channels performing against other tactics? How is the content performing on my social channels? What is the impact of my social/content efforts on my web site? ? 14 14
  • 15. What are the communities where my audience makes purchasing decisions? • Listening & monitoring • Where are my customers? • Keyword alerts • Search • Where are potential customers • Access Points • SIC Social Marketing Analytics Data collection • Alexa & Quantcast • Inbound links • PageRank • Frequency & relevance of conversation 15 15
  • 16. SIC What are the discussion topics & why do they matter? • Inform all areas of the business from search to product development to customer service teams • Develop insight into audience motivators and triggers • Understand the volume of conversation around your brand relative to the competition • Determine what’s driving the conversation • Understand the topics and sentiment • Social Marketing Analytics Identify metrics that matter • Positive/Negative/Neutral sentiment • By topic Custodian of the social data 16 16
  • 17. What are the discussion topics and why do they matter? SIC Social Marketing Analytics 17 17
  • 18. Why you need a dashboard SIC Social Marketing Analytics 18 18
  • 19. Why you need a dashboard SIC Social Marketing Analytics Confidential 11/4/2013 19 19

Editor's Notes

  1. Foster loyaltySupport customers Promotional content or content that highlights features/benefits might fail if it is too broadInstead, show current customers how to maximize the value of their purchase. [Csat & Retention]Time to get organized and think about content and channels relative to business goals
  2. What are the top communities where my audience makes purchasing decisions?Is my brand delivering on its value prop?Are my customers satisfied?