The Future of Social Media Research
Alistair Leathwood, MD– FreshMinds Research
7th April 2011
Looking for Mr Right – a love story

Moral – there’s a lot of info out there
Who are we?


        Research             +     Social Media



        Twice named MRS          Social business consulting
        agency of the year
Ask the audience


Who uses facebook?
Who’s written a review?
Who’s read a review?
Who’s ordered anything online?
Who tweets?
Who’s posted a question on Quora?
Who has a refinery on their FarmVille?




 Is it everyone?
TINA
Social search




                Like
      >3Bn /day
Realtime, offline and online



 “There is a lot more
 information per unit of
 NOW than there was
 before”

 Nova Spivack
Blurred boundaries – everyone is a researcher




                                                Photo: shoothad
Blurred boundaries

FreshMinds vs FreshNetworks?
Push polling
Sugging
The end of market research?
...or the salvation?
What do we do?



                 solicit
                 create
    We           collate information
                 validate
                 analyze
                 deliver
                              Thanks to Tom Ewing, Kantar
Free tools!
Professional tools




Power ed by
There’s lots of this



                       Themes   Sites   Sentiment
Its complicated



              Benchmarking /                          Level of support     Syndicated /
                                Customer service
                coverage                                 required        Custom data sets



                                                                            Language
                 Services      Spidering capability       Pricing
                                                                            coverage



                Usability of                             Reporting
                                    Flexibility                          Speed of analysis
                dashboard                               capabilities



                                Need to real-time        Research         Data extraction
                Workflow
                                      data               objectives        capabilities




Power ed by
So how is it playing out?




          Listening         Engagement
Rollercoaster




  Our journey with social media research has been a bit of
                      a rollercoaster
But now … We generate genuine insight:
  quickly, cheaply and build advocacy
And we build real communities
“The future is here.
 Its just not evenly distributed yet”
 William Gibson
The future future



   Privacy backlash
   More communities
   Gamification
   Social CRM
   Monetisation of access
   ... and of Opinion
What should you do?
1. Start now

If not now, when?
If not you, who?
2. Don’t fail to prepare ...




                               Success is the ability to go
                               from one failure to another with
                               no loss of enthusiasm
                               Winston Churchill
3. Dip your toe
4. Do it in a safe environment
5. Learn
Thank you




                              Any questions?
> alistair@freshminds.co.uk
> Twitter: @aleathwood

                                  29

Technology Trends Social Media June 2011

  • 1.
    The Future ofSocial Media Research Alistair Leathwood, MD– FreshMinds Research 7th April 2011
  • 2.
    Looking for MrRight – a love story Moral – there’s a lot of info out there
  • 3.
    Who are we? Research + Social Media Twice named MRS Social business consulting agency of the year
  • 4.
    Ask the audience Whouses facebook? Who’s written a review? Who’s read a review? Who’s ordered anything online? Who tweets? Who’s posted a question on Quora? Who has a refinery on their FarmVille? Is it everyone?
  • 5.
  • 6.
    Social search Like >3Bn /day
  • 7.
    Realtime, offline andonline “There is a lot more information per unit of NOW than there was before” Nova Spivack
  • 8.
    Blurred boundaries –everyone is a researcher Photo: shoothad
  • 9.
    Blurred boundaries FreshMinds vsFreshNetworks? Push polling Sugging
  • 10.
    The end ofmarket research?
  • 11.
  • 12.
    What do wedo? solicit create We collate information validate analyze deliver Thanks to Tom Ewing, Kantar
  • 13.
  • 14.
  • 15.
    There’s lots ofthis Themes Sites Sentiment
  • 16.
    Its complicated Benchmarking / Level of support Syndicated / Customer service coverage required Custom data sets Language Services Spidering capability Pricing coverage Usability of Reporting Flexibility Speed of analysis dashboard capabilities Need to real-time Research Data extraction Workflow data objectives capabilities Power ed by
  • 17.
    So how isit playing out? Listening Engagement
  • 18.
    Rollercoaster Ourjourney with social media research has been a bit of a rollercoaster
  • 19.
    But now …We generate genuine insight: quickly, cheaply and build advocacy
  • 20.
    And we buildreal communities
  • 21.
    “The future ishere. Its just not evenly distributed yet” William Gibson
  • 22.
    The future future Privacy backlash More communities Gamification Social CRM Monetisation of access ... and of Opinion
  • 23.
  • 24.
    1. Start now Ifnot now, when? If not you, who?
  • 25.
    2. Don’t failto prepare ... Success is the ability to go from one failure to another with no loss of enthusiasm Winston Churchill
  • 26.
  • 27.
    4. Do itin a safe environment
  • 28.
  • 29.
    Thank you Any questions? > alistair@freshminds.co.uk > Twitter: @aleathwood 29