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SPONSOR LOGOSPONSOR LOGO
Social Media Beyond Engagement
Jason Dunstone
Managing Director
Square Holes
www.linkedin.com/in/jasondunstone
SPONSOR LOGO
“Market research
is any organized
effort to gather
information about
markets or
customers ”
SPONSOR LOGO
“ Right now, with social
networks and other
tools on the Internet, all
of these 500 million
people have a way to
say what they're
thinking and have their
voice be heard. ”
Mark Zuckerberg
SPONSOR LOGO
Facebook Prospectus February 1, 2012
SPONSOR LOGO
1. Should we / shouldn’t we?
2. Yes, let’s do it!
3. It’s about engagement!
4. Sentiment monitoring
5. Deeper measures of ROI
6. Social media as research data
Social media thought process …
Thinkingaroundsocialmediaisgettingdeeper
SPONSOR LOGO
“It’s about engagement!”
SPONSOR LOGO
# Name Total Likes Talking about
1. Coca-Cola 69,931,637 983,561 1.4%
2. Red Bull 39,337,725 334,120 0.8%
3. Converse 36,902,237 115,628 0.3%
4. Starbucks 34,974,731 481,822 1.4%
5. PlayStation 34,703,073 246,079 0.7%
6. Oreo 34,027,555 257,282 0.8%
7. Walmart 31,381,017 506,276 1.6%
8. iTunes 30,247,514 91,395 0.3%
9. McDonald's 29,228,549 122,918 0.4%
10. BlackBerry 28,850,875 41,8799 1.5%
http://www.socialbakers.com/all-social-media-stats/facebook/
Engagement
rates are low.
What about the
other 99%?
SPONSOR LOGO
Deeper consumer understanding …
online, offline, marketing,
NPD, behavior change etc
Digesting the bigger picture to
get back to the target consumer
Social media thought process …
1.
2.
3.
4.
5.
Opportunities are HERE > 6. Social media as research data
Tools ever emerging here
4. Sentiment monitoring
5. Deeper measures of ROI
SPONSOR LOGO
The thinking as to being online is moving from
engaging to
understanding consumers
SPONSOR LOGO
Moving from qualitative, quantitative,
statistics, field management etc
To data artists, scientists,
programmers, working with
APIs, data scraping and
visualisation skills
SPONSOR LOGO
Focus moves from this To this
SPONSOR LOGO
And, from ‘more, more, more whatever it takes’ to a robust ‘sample’
Strategies are adopted to entice interested consumers
SPONSOR LOGO
But, it’s not that easy …
SPONSOR LOGO
Some social data such as
Twitter and Foursquare is
open to use.
Facebook is more closed.
SPONSOR LOGO
SPONSOR LOGO
Does Facebook
have a legal leg
to stand on?
Or are they just a
scary monster?
“The
attorney
said that
they were
just about to
sue me into
oblivion”
SPONSOR LOGO
Market research industry has a
squeaky clean privacy
background through AMSRO,
AMSRS, ESOMAR etc.
SPONSOR LOGO
The ‘wave’ of social data offers exciting
opportunities for market researchers.
Services and tools are ever emerging
to easily access unstructured and some
structured data.
Yet, the biggest opportunity will come
from market researchers expanding
their partnerships and innovating.
SPONSOR LOGO
3.Data collection
4.Outputs
1.Brief
2.Methodology
3.Proof of concept
4. Full implementation
1.Opportunity identification
2.Design and trial
ToFrom
Partnerships and
innovation
SPONSOR LOGO
1.Brief
2.Methodology
3.Proof of
concept
1.Opportunity
identification
2.Design
and trial
ToFrom
Greater resource skew
to ‘innovation’
4. Full implementation
4.Outputs
3.Data collection
SPONSOR LOGO
3.Proof of concept
4.Full implementation
1.Opportunity identification
2.Design and trial
Creation of a culture
focused on defining
innovation projects that
deliver on consumer
insight and broader
business objectives using
social data.
Partner with internal and
external IT and related
professionals.
What tools currently exist
and where are there gaps?
Legal, policy and other
implications.
Is it possible and
lessons learnt?
Refinement of
design, budget
and likely ROI.
Approval of full
project and
implementation.
Consumer profiling
Emotional context
Influence networks
Sales drivers
Campaign impact
Segmentation
Enhanced sentiment
Brand differentiation
Consumer lives
Improved targeting
Product development
Building advocacy
Unmet needs
Service gaps
SPONSOR LOGO
“ Right now, with social
networks and other
tools on the Internet, all
of these 500 million
people have a way to
say what they're
thinking and have their
voice be heard. ”
Mark Zuckerberg
SPONSOR LOGOSPONSOR LOGO
Social Media Beyond Engagement
Jason Dunstone
Managing Director
Square Holes
www.linkedin.com/in/jasondunstone

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Social media beyond engagement

  • 1. SPONSOR LOGOSPONSOR LOGO Social Media Beyond Engagement Jason Dunstone Managing Director Square Holes www.linkedin.com/in/jasondunstone
  • 2. SPONSOR LOGO “Market research is any organized effort to gather information about markets or customers ”
  • 3. SPONSOR LOGO “ Right now, with social networks and other tools on the Internet, all of these 500 million people have a way to say what they're thinking and have their voice be heard. ” Mark Zuckerberg
  • 5. SPONSOR LOGO 1. Should we / shouldn’t we? 2. Yes, let’s do it! 3. It’s about engagement! 4. Sentiment monitoring 5. Deeper measures of ROI 6. Social media as research data Social media thought process … Thinkingaroundsocialmediaisgettingdeeper
  • 7. SPONSOR LOGO # Name Total Likes Talking about 1. Coca-Cola 69,931,637 983,561 1.4% 2. Red Bull 39,337,725 334,120 0.8% 3. Converse 36,902,237 115,628 0.3% 4. Starbucks 34,974,731 481,822 1.4% 5. PlayStation 34,703,073 246,079 0.7% 6. Oreo 34,027,555 257,282 0.8% 7. Walmart 31,381,017 506,276 1.6% 8. iTunes 30,247,514 91,395 0.3% 9. McDonald's 29,228,549 122,918 0.4% 10. BlackBerry 28,850,875 41,8799 1.5% http://www.socialbakers.com/all-social-media-stats/facebook/ Engagement rates are low. What about the other 99%?
  • 8. SPONSOR LOGO Deeper consumer understanding … online, offline, marketing, NPD, behavior change etc Digesting the bigger picture to get back to the target consumer Social media thought process … 1. 2. 3. 4. 5. Opportunities are HERE > 6. Social media as research data Tools ever emerging here 4. Sentiment monitoring 5. Deeper measures of ROI
  • 9. SPONSOR LOGO The thinking as to being online is moving from engaging to understanding consumers
  • 10. SPONSOR LOGO Moving from qualitative, quantitative, statistics, field management etc To data artists, scientists, programmers, working with APIs, data scraping and visualisation skills
  • 11. SPONSOR LOGO Focus moves from this To this
  • 12. SPONSOR LOGO And, from ‘more, more, more whatever it takes’ to a robust ‘sample’ Strategies are adopted to entice interested consumers
  • 13. SPONSOR LOGO But, it’s not that easy …
  • 14. SPONSOR LOGO Some social data such as Twitter and Foursquare is open to use. Facebook is more closed.
  • 16. SPONSOR LOGO Does Facebook have a legal leg to stand on? Or are they just a scary monster? “The attorney said that they were just about to sue me into oblivion”
  • 17. SPONSOR LOGO Market research industry has a squeaky clean privacy background through AMSRO, AMSRS, ESOMAR etc.
  • 18. SPONSOR LOGO The ‘wave’ of social data offers exciting opportunities for market researchers. Services and tools are ever emerging to easily access unstructured and some structured data. Yet, the biggest opportunity will come from market researchers expanding their partnerships and innovating.
  • 19. SPONSOR LOGO 3.Data collection 4.Outputs 1.Brief 2.Methodology 3.Proof of concept 4. Full implementation 1.Opportunity identification 2.Design and trial ToFrom Partnerships and innovation
  • 20. SPONSOR LOGO 1.Brief 2.Methodology 3.Proof of concept 1.Opportunity identification 2.Design and trial ToFrom Greater resource skew to ‘innovation’ 4. Full implementation 4.Outputs 3.Data collection
  • 21. SPONSOR LOGO 3.Proof of concept 4.Full implementation 1.Opportunity identification 2.Design and trial Creation of a culture focused on defining innovation projects that deliver on consumer insight and broader business objectives using social data. Partner with internal and external IT and related professionals. What tools currently exist and where are there gaps? Legal, policy and other implications. Is it possible and lessons learnt? Refinement of design, budget and likely ROI. Approval of full project and implementation. Consumer profiling Emotional context Influence networks Sales drivers Campaign impact Segmentation Enhanced sentiment Brand differentiation Consumer lives Improved targeting Product development Building advocacy Unmet needs Service gaps
  • 22. SPONSOR LOGO “ Right now, with social networks and other tools on the Internet, all of these 500 million people have a way to say what they're thinking and have their voice be heard. ” Mark Zuckerberg
  • 23. SPONSOR LOGOSPONSOR LOGO Social Media Beyond Engagement Jason Dunstone Managing Director Square Holes www.linkedin.com/in/jasondunstone