The Social Media Honey Trap
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This document discusses how social media has matured and become integrated into business strategies. It provides examples of how companies can use social listening and data to gain insights into brand sentiment, popular products and engaging influencers. Metrics on social mentions of brands and products are shown. The challenges of analyzing large amounts of social data and ensuring the right tone is addressed. Uses of social data for marketing, such as targeted campaigns and influencing search engine optimization, are outlined.
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The Social Media Honey Trap
- 3. social media has matured "You have to be totally connected with everyone who touches your brand.” – Angela Ahrendts, Burberry CEO
- 4. socialisation of the web
- 5. qualitative data social listening quantitative data attitudinal & insights behavioural
- 6. uses for big data research & brand assessment development development
- 7. the challenge how can I make this work for my business ?
- 8. midsize business media type sentiment mention category control
- 9. product share of voice 1200 1000 800 mentions 600 Joules Boden 400 200 0 Blazer T-shirts Shirts Shoes products
- 10. driving revenue with insight high awareness PPC social awareness low awareness social
- 11. influencing SEO
- 12. INPUTS INTERACTIONS TRAFFIC Your Properties Listening + Website, Social Search Engines monitoring tools Channels Strategic Branded Direction Content Your Market Social / Search Bloggers, News sites, Social Direct Traffic trend analysis channels
- 13. trainer example nike vintage trainers nike + classics + retro 8 social mentions 35582 social mentions
- 14. what we found
- 15. what did we learn we found who to types of content tone of voice engage with people engage with types of language used identified an entire community
- 16. presidential social data 29 million social mentions
- 17. the complexities of data statistical modelling quantitive analysts media analyst battleground states analytics election analysts engineers
- 18. uses facebook socially influenced budget influence data mining micro variants for display on ground
- 19. if you want social to offer you a return, stop looking at it as a channel… it’s a layer…
Editor's Notes
- Social needs to be sewn into the fabric of your businessIt’s not just a good idea… it’s an essential to survive as an online business
- The web is a series of interactions between people…Living their lives online
- Test messagingPopularityShare of voiceProduct share of voiceCRMTrack changes in those metricsHow do you use – gives you something to experiment against – continually learn against data that is relatively cheap to get hold ofSetting little fires… keep testing against what you’re doing
- Reallocate budgetTrack changes over timeTrack volume and changes
- Use popular social products to push more PPC budgetWorth paying for that traffic because prduct has been socially proofedUse social to alert the market to less popular lines
- First fail was around the terminologyPeople refer to this markets as classics
- We found who to engage withTypes of content people engage withTone of voiceTypes of language usedIdentified an entire communityJust people interested in classic nike trainers
- The product of such an approach has already begun to manifest itself. Back in April of last year, Obama For America launched the “Are You In?” campaign, which focused heavily on promoting a Facebook application that supporters could add to their profile to show their commitment to the re-election campaign effort and to offer tools for volunteers to help spread the word online and offline. But what the application also did was request permission to access your location, name, picture, gender, list of friends and other information that would be valuable to the campaign team. As of this writing, the Facebook application has 90,000 monthly users – users who have essentially indicated their interest in becoming active on the campaign trail to some degree. Thanks to the application, the Obama campaign knows who they are and (more importantly) who is in their network. Not a bad starting point.
- Why did people search your site?Social helps fill in that gap…Loooking at the two in tandemDone through big surveys – focus groupExpensive and timelyThis gets us around the issue – being able to look at people’s actual behaviourThis solves a massive problem… steps into a gap. Solves a problem market theory and strategic planning has always had.Problems in accuracy, resrouce and cost