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@ WeRRestaurants. / RestaurantDotOrg. Restaurant.org. / NationalRestaurantAssociation. Improving Social Connections Paul Barron CEO – Founder DigitalCoCo.com October 10, 2012. The Social Connection. Over 40,000 Members Strong. Over 46 Million Consumers and 4,000 Restaurant Brands. - PowerPoint PPT PresentationTRANSCRIPT
@WeRRestaurants
/RestaurantDotOrg
/NationalRestaurantAssociationRestaurant.org
Improving Social Connections
Paul BarronCEO – Founder DigitalCoCo.com
October 10, 2012
The Social Connection
Over 40,000 Members Strong
Over 46 Million Consumers and
4,000 Restaurant Brands
How to start• Restaurant Social Media Index• The New Restaurant Consumer• Study of Social Consumers• Best Practices• Get your business in the RSMI
Premier digital and social media partnership
Developed in 2010 to index social consumers use of the restaurant and hospitality industries.
• More than 4,000 U.S Restaurant Brands• 37.2 Million U.S. Restaurant Consumers• 1.2 Billion restaurant occasions per year• Sentiment (Food, Service and Brand)• Digital and Social Engagement• Brand Influence• 16 Social Platforms
16 Platforms Tracking in-venue mentions and actions (LBA)
Social ROI Explained
social influence
connection
How social and influence review affects decision process- Critical Mass- Refer & Return (asking others , recommendations)- Relevant actions (restaurant visits, mentions, checkins)- Traceable (Frequency, competitors, cross segment)- Influencing others (Controlled outcome by consumer)
Crowd-sourcing
Viral nature
Social Influence
Hyper speed WOM
Methodology - How Social Works
The new restaurant Consumer
• Social-Savvy
• Connected
• Engaged
• Influential
Those born from 1982 through 1998 becoming voting age in 2016 or earlier
Someone born during the demographic birth boom between 1946 and 1964
Someone born 1965 through no later than 1982
Millennial
Generation X
Baby Boomers
79M
41M
95M
Shifting a 30 year consumer
500 Fast Casual Concepts
31,220 Restaurant &
Culinary Terms
2012 Midyear
31.8 Million Unique Social ConsumersBased on 500 Restaurant Concepts
16 Social Platforms
Segment Study Mid Year 2012
Segment Study Mid Year 2012
Fast Casual
Restaurant
Occasionsin 2012
31.8 Million Unique Social Consumers connected to the 500 restaurant concepts
1.2 Billion / Yr
3.2 Occasions P/mo
101.7 Million p/mo
Segment Study Mid Year 2012
QSR Cross-
Over
12.72 Million Occasions p/mo
.04 Occasions P/mo
31.8 Million Unique Social Consumers connected to the 500 restaurant concepts
Casual Cross-Over
38.16 Million Occasions p/mo
1.2 Occasions P/mo
31.8 Million Unique Social Consumers connected to the 500 restaurant concepts
Segment Study Mid Year 2012
What’s the pulse of a Digital Consumer in a Overall Restaurant Environment?
Full data of 37.2 million social restaurant consumers that also connect with over 4,000 brands in social.
Segment Study Mid Year 2012
Segment Study Mid Year 2012What’s the pulse of a Fast Casual Consumer Top Menu
Segments by Mentions and Interactions
Subset data of top Fast Casual Social Consumers that interact with specific Fast Casual menu segments.
Why Social and Digital
Overall Venue Data is rising
Overall Venue Data is rising
What’s Driving Location Based Actions with restaurant consumers?
Facebook Comments
TwitterComments 42.3%
31.9%
11.9%
7.1%Comments
Foursquare Check-ins - 21.2% Last 12 Months
Location Base ActionsIncreased 39.5% Last 12 MonthsMentions cross platform
Check in data is slowing
31.8 Million Unique Social Consumers connected to the 500 restaurant concepts
How to interactSocial restaurant consumers react and respond to what content?
29.8% On Facebook
Interactives
32.1.% On Twitter Content
38.4 % On Link
Content
58.1 % On Video and
Photo Content
Next Steps for restaurant operators• Understanding the new age and digital consumer• Staffing new teams for digital and social interactions• Competitive data analysis• Test and measure social and digital platforms and
programs• Get your brand in the RSMI• Get your Social Media Scorecard
Premier digital and social media partnership
Get your brand into the RSMI• http://www.digitalcoco.com/nra-members
Important URL
Start engaging these new opportunities• http://www.digitalcoco.com/nra-members
Important URL
Thank You
Paul Barronwww.digitalcoco.compaul@[email protected]
Visit www.rsmindex.com
Premier digital and social media partnership
@WeRRestaurants
/RestaurantDotOrg
/NationalRestaurantAssociationRestaurant.org