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PREDICTIVE ANALYTICS IN SOCIAL BUSINESS Theo Reichgelt – 2DiALOG #SitecoreWinterCamp

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Page 1: 2DiALOG - Predictive analytics in social business

PREDICTIVE ANALYTICS IN SOCIAL BUSINESS Theo Reichgelt – 2DiALOG

#SitecoreWinterCamp

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Before we begin

•  Any questions can be asked via the chat pane in the control panel at the right hand side of your screen.

•  Questions will be answered at the end of the webinar

•  You’ll receive the sheets presented within 48 hours after the webinar

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TODAY’S PRESENTER Theo Reichgelt – Country manager 2DiALOG

Blogger Frankwatching.com & 2DiALOG.nl [email protected]

@theoreichgelt

#SitecoreWinterCamp

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SOCIAL BUSINESS STRATEGY & TECHNOLOGY

www.2DiALOG.nl

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Agenda

•  Introduction •  Collect data •  Analyse data

•  Predict behavior •  Summary •  Q&A

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The online generation

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WHAT ARE PREDICTIVE ANALYTICS? The next step in social media

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Sample use cases

•  Locate consumers with purchase intent •  Locate unsatisfied consumers and customers to: –  Raise conversion

–  Raise brand loyalty

•  Create brand ambassadors (“wow” moment) •  Empower product development

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3 STEPS TOWARDS ACTIONABLE ANALYTICS Collect data, analyze data, predict behavior

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STEP 1: COLLECT DATA

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How?

•  Manual searches on social networks, blogs, consumer websites, review sites, etc.

•  Deeper and wider searches with a social listening tool.

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Webinar example

•  People getting married •  Twitter and Instagram search •  Analyze data

•  Predict behavior •  Act

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Sample searches

•  Search on hashtags #shesaidyes #isaidyes #engaged #married

•  Search on phrases “getting married” •  Search within a geographic location or

language

•  Deepen search for other interests •  Search on sentiment

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The Query

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Unfiltered data

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STEP 2: ANALYSE DATA

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Data filtered on: Positive sentiment Travel interest

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STEP 3: PREDICT BEHAVIOR

Connecting the dots to create actionable analyses

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Predict and act, examples

•  Travel agent –  Social action: engage!

–  Website: show targeted information

•  Flu epedemic

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SUMMARY

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Summary

•  Large amount of data available •  Collect it, analyze it, predict and act •  Combine data –  Social, website, business systems

•  Create “wow” moments and brand ambassadors

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MORE INFORMATION? WWW.2DIALOG.NL Follow us: @2DIALOGNL

2DiALOG.nl/blog