forumcon: top 5 forum insights that changed our business, crista bailey

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Top 5 Forum Insights That Changed Our Business

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ForumCon 2014

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Page 1: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

Top 5 Forum Insights That Changed Our Business

Page 2: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TEXTUREMEDIA

2.7M Unique visitors a month

25M Unique visits in 2013

500K+Loyal email subs

$1B+ Spend annually on hair

care products

Source: Google Analytics

THE LARGEST SOCIAL PLATFORM THAT ACTIVELY EMPOWERS AND ENGAGES A DIVERSE COMMUNITY OF FEMALE INFLUENCERS IN HAIR CARE

Page 3: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TEXTUREMEDIA

2.75M Average FB Post Reach

11M+ MONTHLY INFLUENCER REACH

200 Pieces of content

8M Emails sent

4.5M YouTube

Source: Facebook, YouTube, Instagram

1.1M Instagram

Page 4: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

1998 – 1 Little v-Bulletin Forum "NaturallyCurly.com Launched a Movement

•  2 curly journalists •  Multiple mimosas •  One 12-year-old web

designer •  $300 investment •  1 big idea •  Passion/”Concern”

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

1980s curly “helmet” hair

Page 5: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

2014 – Forum & App

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 6: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

2014"

Articles"Videos "Styles "

Reviews "Tutorials "

DIY Recipes"Giveaways "

Q&A

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 7: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

2014 – Commerce

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 8: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

2014 – Stylist Community

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 9: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

2014 – Life & Hair Blog

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 10: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

So, how did we go from there…

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 11: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

MEDIA & COMMERCE$

MARKET INSIGHTS & DATA$

Social, mobile, video, email, photo, Q&A, sampling 30,000+ UGC product review database Consumer data & market insights

{ {

… to here?

Page 12: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

Top 5 Forum Insights "That Changed Our Business

“Worry about content… content is king… unless your content is engaging, there’s no community to monetize on.” #ForumCon — Caroline Abellar (@thinkcaroline) June 13, 2013

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 13: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

1. Stay true to the community language

Even if the market doesn’t consider it, it eventually will.

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 14: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

“Every organization willing to radically reconceive itself for the Web should look at NaturallyCurly.com” --April 2010 NY Times Sunday Magazine

I$get$it!$

I$don’t$get$it?$

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 15: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

Our language = hair type

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 16: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Products can transcend "hair type & skin color

Page 17: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

2011/2012 "Target’s Beauty & Hair Care Aisle

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 18: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

2013/2014"Target’s Hair Care Aisle

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 19: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

--April 2014

Page 20: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 21: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

2. Give community tools to "create beyond the forum "

Create more meaningful and shareable content in and outside the forum

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 22: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 23: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Growing database of 30,000 product reviews for 10,000 products

Page 24: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 25: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 26: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 27: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 28: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

Reviews drive product purchase

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

56% increase in orders when a beauty product’s # of reviews went from 1 to 15, and rating went from 3.5 to 4.5 stars

Source: Bazaarvoice

Page 29: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

Same goes for stylist review db

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 30: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

Productize community passion for product + your expertise = shareable seals

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 31: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

2013/2014"Target’s Hair Care Aisle

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

“Hey, NaturallyCurly, can we use your seal to sell more product?”

Page 32: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

3. Leverage community conversations to capture insights

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 33: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

Introduc;on$

Key$Objec;ves$

Methodology$

Study$Highlights$and$Implica;ons$

Detailed$Findings$

Appendix$

Cosme&cs,)Skin)Care)&)Fragrances)

Living)with)Natural)Hair)

Hair)Care)and)Styling)Overview)

Shampoo)Usage)&)Spend)

Condi&oner)Usage)&)Spend)

Finishing)Product)Usage)&)Spend)

Oil)Product)Usage)&)Spend)

Brand)Loyalty)

Hair)Product)Retailer)U&liza&on)

Chemical)Services)and)Treatments)

Tools)and)Accessories)

TextureTrends Table of Contents

Styling)Product)Usage)&)Spend)

Page 34: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TextureTrends further positions us as thought leaders in our space

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 35: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

4. Identify the rising stars

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 36: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

Identified a rising star that now represents 25% of our traffic

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 37: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 38: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 39: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

Rising stars can mean products too

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 40: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

5. Carry the conversation other places. It’s OK.

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 41: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

8% of monthly visits sourced from

social

Gain 50K new social

followers each month

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 42: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

Break out the tissue, and the analytics

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 43: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

As social followers grow…

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 44: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

… so does our reach

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

0$$

20,000$$

40,000$$

60,000$$

80,000$$

100,000$$

120,000$$

140,000$$

160,000$$

180,000$$

200,000$$

Uniques)2014)

Page 45: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

Top 5 Forum Insights That Changed Our Business

1.  Stay true to the language 2.  More tools in community hands 3.  Leverage community to build insights 4.  Identify and support the rising stars 5.  Be open and social: carry the conversation

other places

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 46: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

You are the expert in “_______”

•  You’ve got community to back you up •  And more content than community •  Go build relationships with much bigger fish •  And with smaller fish, because they will

become big fish, and they are all part of your ecosystem, and as we know

•  Community talks •  You, listen and lead for them.

TMI$%$Top$Forum$Insights$that$Changed$our$Business$

Page 47: ForumCon: Top 5 Forum Insights that Changed our Business, Crista Bailey

PS: You haven’t lived until you’ve attended a hair & beauty show

TMI$%$Top$Forum$Insights$that$Changed$our$Business$