datasift's rob bailey at the social media strategies summit

Post on 26-Jun-2015

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Social monitoring has gone from a fancy nice-to-have, to an essential strategic tool for all organizations. DataSift provides insights into customers, the market and trending topics. DataSift attended the Social Media Strategies Summit in San Francisco, where Rob Bailey, our CEO, discussed the seven measurable actions that further your company’s marketing and social media efforts. In addition to providing a framework for moving your company’s efforts from beginner to pro, Rob highlighted companies who are thinking strategically about social media, such as Taco Bell, Burberry and KFC.

TRANSCRIPT

Actionable Insights

From Social Media

Rob Bailey, CEO Social Media Strategies Summit

Twitter: @rmb

Social Big Data

1

! Self Evaluation ! Case Studies ! Learn Some Tricks

400 million Tweets/day 4,629 every second 2.7Bn million likes on Facebook/day …Millions of Blogs, Forums, Messageboards

2

Inspired By The Recent Forbes Article

100k+ Views (Twitter & Forbes.com) 500+ Favorites

20+ Client Leads

Twitter: @rmb

Lets Go Deeper!

3

! Self Evaluation ! Case Studies ! Learn Some Tricks

The Seven Steps to Actionable Insight

�  Monitor Your Brand and Your Industry �  Build A Picture of Your Social Audience �  Serve Customers Better By Listening �  Measure Social Engagement of Content �  Use Public Sentiment For Predictions �  Identify Prospective Customers �  Extend Your Business Intelligence

4"

5 5

Monitor Your Brand and Your industry

What is Your Company Monitoring?

6

Beginner Intermediate Master

Networks Covered Twitter, Facebook

+ Youtube, Amazon, LinkedIn, Wikipedia,

Blogs

Intermediate + multi-lingual, multi-

country social networks

Types of Data Social Social + News (On Social) All

Analysis Manual tracking of

individual networks

Deeper analysis and causal relationships,

Sentiment

Predictive modeling,

Demographics

CASE STUDY: Dell Brand Analysis

7

Share of Sentiment between main hardware players. Strong Positive and Negative Sentiment towards Dell

CASE STUDY: Dell Brand Analysis

8

Females overall more positive to Dell’s brand

CASE STUDY: KFC India

9

Pakistanis & Indians angry that KFC closed Pakistani stores.

10 10

Build A Picture of Your �Social Audience

What Picture Are You Building?

11

Beginner Intermediate Master

Networks Covered

Twitter, Facebook

Beginner + Youtube, Amazon, Bit.ly,

Wikipedia, Blogs

Intermediate + multi-lingual, multi-country

social networks

Categorization No categorization

Some categorization (Follower Count, Klout

Score)

Opt-In matching to private data, brand

relevance

Type of Tracking

@Mentions & Basic hashtag

mentions Competitor brand/Product mentions

Intention tracking of present & targeted

customers

What do Dell’s Social Followers do?

Is there an opportunity to target web developers & musicians?

Case Study: Burberry

Burberry fans like photography, music….& Heidi Klum

14 14

Serve Customers Better By Listening

How is Your Company Listening?

15

Beginner Intermediate Master

Type of Listening

Passive monitoring & some responses

All mentions receive a response

Social activity fed back into CRM

Social Media Team

Marketing Community

Manager

Full team in Marketing and/or Customer

Service

Separate division reporting directly to

CMO

Company Impact Mostly ignored Influences minor &

some major decisions Decisions made proactively with Social in mind

CASE STUDY: Taco Bell

Taco Bell had the most successful product launch in company history •  10M tacos in 10 weeks •  Focused exclusively on

Social Media conversations with customers.

CASE STUDY: Virgin America

Virgin America won my $50,000 in business with 3 tweets

CASE STUDY: United Airlines

19 19

Measure Social Engagement of Your Content

What Are You Measuring?

20

Beginner Intermediate Master

Metrics Measured For Content Favorites & Likes Shares, Diffusion

Social content engagement optimization

Content Creation Process

Write & post to Social

Original content creation for social

Deep content optimization

Who Posts The Content?

Social Marketing Lead

Customer facing departments Diffuse

* Key Insight *

21

CASE STUDY: Daily Mirror (UK)

Doubled share of UK online market in 2 years with social optimization of content.

23 23

Use Public Sentiment For Predictions

What Are You Predicting?

24

Beginner Intermediate Master

Type of Predictions Made None Social Activity Demand

Projections

Accuracy NA Low/Medium Medium/High

Tools Used None Excel Regression & Correlation

Analysis

CASE STUDY: Facebook IPO

25

Public sentiment on Twitter was a strong indicator of where the stock price would move next.

26 26

Identify Prospective Customers

How Are You Identifying Prospects?

27

Beginner Intermediate Master

Categorization of Customers

All customers on social grouped

together

Some general grouping by �

Klout score, # of Followers

Complete picture & weighed grouping of customers

Customer Response Time Days Hours Minutes

Type of Predictions Made None Social Activity Demand

Projections

Case Study: Asana

28

29 29

Extend Your Business Intelligence

How Are You Improving Your Business?

30

Beginner Intermediate Master

Systems Used Simple searches

on social networks

Social media applications

Integration with �BI platforms

Data Analyzed Social Social mapped to sales regularly

Social mapped to sales & other data types in real time

Access to Data Social media & analytics teams

Key teams in customer facing

departments Everyone across the organization

Revolution In Business Intelligence

31

Transactions

What has happened!

Conversations

What is happening What will happen!

the past the future

+"

CASE STUDY: Oracle

32

CASE STUDY: Salesforce

33

The Seven Steps to Actionable Insight

�  Monitor Your Brand and Your Industry �  Build A Picture of Your Social Audience �  Serve Customers Better By Listening �  Measure Social Engagement of Content �  Use Public Sentiment For Predictions �  Identify Prospective Customers �  Extend Your Business Intelligence

34"

�Thank You�

�Rob Bailey�

CEO�Twitter: @rmb�415-845-5683

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