harness the power of social data to grow your business

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1 Pam Didner (@pamdidner) Global Integrated Marketing Manager Harness the Power of Social Data to Grow Your Business

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Page 1: Harness the Power of Social Data to Grow Your Business

1

Pam Didner (@pamdidner) Global Integrated Marketing Manager

Harness the Power of

Social Data

to Grow Your Business

Page 2: Harness the Power of Social Data to Grow Your Business

2

Intel Uses Various Social Media Tools

Publication, Engagement and Moderation Tools

Analytics Tools

Listening and Monitoring Tools

Page 3: Harness the Power of Social Data to Grow Your Business

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How We Use the Tools

Track Reach, Engagement and Advocacy

Monitor Conversation, Share of Voice and Sentiment

Measure the Performance of Content

Optimize Posting Time and Frequency

Aid Customer Support

Page 4: Harness the Power of Social Data to Grow Your Business

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Standard Social Media Metrics

Section Definition High-level Metrics Data Sources (Tools / Networks)

Experience Reach • Volume of Exposures • Active Participation

•  Impressions • Clicks • Views

• Ad Platforms •  Insights

•  Facebook •  Twitter •  YouTube •  LinkedIn •  Google+

Light Engagement • Simple Participation • Low-effort Interactions

• Fan Conversions • Liking, Favoriting, +1 • Viewing Content • Simple Participation

• Publishing Tools •  Virtue •  Sprinklr •  Hootsuite

• CMS Tools •  Virtue •  20+ Modules

Heavy Engagement • Deep Interactions • More Active • Unique Participation

• Commenting • Gameplay Metrics • Content Submissions

• Custom Agency Reports • 3rd Party App Developers

Advocacy • Actively Extending Reach into Advocate’s Networks

• Sharing • Retweeting

Page 5: Harness the Power of Social Data to Grow Your Business

Fragmented Social Data

Lack of Holistic Insight

Page 6: Harness the Power of Social Data to Grow Your Business

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How do we gain holistic insights to aid strategy setting?

Look Outside of the Box

Think Outside of the Social Data Box

Page 7: Harness the Power of Social Data to Grow Your Business

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Social Data is part of Big Data...

Source: “Benefitting from Big Data” from Ramesh Nair and Andy Narayanan, Booz & Co.

Text Documents

Sensor Data

SharePoint

Web Feeds Online Forums

External Sensor Data

Blogs Pinterest

Instagram Twitter

Facebook Google+

Inventory Financials

HR Records

Sales Records

Web Profiles CRM

Census Data

Real Estate Records

Travel History

Credit History

Mobile Phone / GPS

Page 8: Harness the Power of Social Data to Grow Your Business

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Pull Data from different quadrants

Text Documents

Sensor Data

SharePoint

Web Feeds Online Forums

External Sensor Data

Blogs Pinterest

Instagram Twitter

Facebook Google+

Inventory Financials

HR Records

Sales Records

Web Profiles CRM

Census Data

Real Estate Records

Travel History

Credit History

Mobile Phone / GPS

Text Documents

Sensor Data

SharePoint

Web Feeds Online Forums

External Sensor Data

Blogs Pinterest

Instagram Twitter

Facebook Google+

Inventory Financials

HR Records

Sales Records

Web Profiles CRM

Census Data

Real Estate Records

Travel History

Credit History

Mobile Phone / GPS

Page 9: Harness the Power of Social Data to Grow Your Business

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A Quick Case Study: Aid Strategy Setting

Annual Planning in 2011

Q: Should Intel launch a cloud computing campaign?

Page 10: Harness the Power of Social Data to Grow Your Business

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Aid Strategy Setting by Pulling Data from Two Quadrants

Mobile Phone / GPS

Credit History

Travel History

Real Estate Records

Census Data

CRM

Web Profiles

Sales Records

HR Records

Financials

Inventory

Google+ Facebook

Twitter Instagram

Blogs Pinterest

External Sensor Data

Online Forums Web Feeds

Sensor Data

SharePoint

Text Documents

Quant. Research

Sysomos / Radiant 6 Listening / Monitoring

Page 11: Harness the Power of Social Data to Grow Your Business

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Process to Harness the Power of Social Media

Define the Problem to Be Solved

Define Your Knowns and Unknowns

Find the Appropriate

Tools

Test Hypotheses & Optimize

Draw Assumptive

Insights

Page 12: Harness the Power of Social Data to Grow Your Business

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Case Study: Aid Strategy Setting

Process

1. Define what you want to solve.

Is Intel perceived as a thought leader in cloud computing?

How does Intel compare among industry leaders?

Should Intel launch a cloud campaign?

2. Know your knowns and unknowns.

Known: Major Leaders in Cloud Computing

Known: Key Words for Search

Unknown: What is the current Cloud Computing landscape? (Partly known)

Unknown: Where does Intel stand? Intel’s share of voice?

3. Select appropriate tools.

Sysomos (Listening and Monitoring Tool)

On-line Survey in Three Countries

Page 13: Harness the Power of Social Data to Grow Your Business

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Social Listening: Share of Voice

A B C D E F Intel G H I J K L M

193,871 157,269 113,702 112,861 93,608 77,101 64,455 46,791 31,197 24,384 19,098 4,516 3,344 2,895

#7

21%

17%

12% 12%

10%

8%

7%

5%

3%

3% 2% 0% 0%

0%

Share of Voice

0

2000

4000

6000

8000

10000

3-15

3-

19

3-23

3-

27

3-31

4-

4 4-

8 4-

12

4-16

4-

20

4-24

4-

28

5-2

5-6

5-10

5-

14

5-18

5-

22

5-26

5-

30

6-3

6-7

6-11

6-

15

6-19

6-

23

6-27

7-

1 7-

5 7-

9 7-

13

7-17

7-

21

7-25

7-

29

8-2

8-6

8-10

8-

14

8-18

8-

22

8-26

8-

30

9-3

9-7

9-11

9-

15

Page 14: Harness the Power of Social Data to Grow Your Business

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Page 15: Harness the Power of Social Data to Grow Your Business

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Case Study: Aid Strategy Setting

Process

4. Test hypotheses and optimize.

Sysomos: Filter un-relevant data, adjust key words and testing different time frames.

On-line survey: Determine aided and unaided results.

5. Draw assumptive insights.

Sysomos data doesn’t fully align with on-line survey results.

Intel is in the middle of the pack.

Targeted audience is open to hear Intel’s cloud vision.

Action: Introduce Intel’s cloud vision as a key strategic initiative.

Page 16: Harness the Power of Social Data to Grow Your Business

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Think Outside the Social Data Box

1: Marketing: Clearly define what you want to solve.

2: Science: Compare insights from multiple different quadrants.

3: Art: Apply judgments while continually optimizing.

Marking is both Art & Science