the mindset divide - personal vs professional networks

27
The Mindset Divide Revealing how emotions differ between personal and professional networks

Upload: oscar-rydman

Post on 07-Nov-2014

222 views

Category:

Technology


0 download

DESCRIPTION

 

TRANSCRIPT

Page 1: The Mindset Divide - personal vs professional networks

The Mindset Divide Revealing how emotions differ

between personal and

professional networks

Page 2: The Mindset Divide - personal vs professional networks

Emotion plays a critical

role in marketing

Page 3: The Mindset Divide - personal vs professional networks

3

Emotional

Combined

Rational

% of campaign strategies that report very

large profit gains

0% 10% 20% 30%

source: IPA Effectiveness Awards

Research shows

that it can lead to

greater ROI

Page 4: The Mindset Divide - personal vs professional networks

“Perhaps one of the biggest myths in B2B

branding is that the nature of the decision

process is so rational that emotions do not

really play a significant role.”

- Kevin Lane Keller & Philip Kotler

4

Page 5: The Mindset Divide - personal vs professional networks

Emotion plays a

key role in

BOTH

personal…

…and

professional

networks.

5

Page 6: The Mindset Divide - personal vs professional networks

“Personal networking is for old

school buddies. For good old

memories…parties.”

Personal networks are

about reminiscing and

having fun

6

Page 7: The Mindset Divide - personal vs professional networks

“Professionally when I

network, it’s for information

to do my job better.”

Professional networks

are purposeful and

aspirational

7

Page 8: The Mindset Divide - personal vs professional networks

Emotions on

professional networks

are just

below the surface

8

Page 9: The Mindset Divide - personal vs professional networks

“B-to-B companies often forget they are

selling to people not big glass buildings. It

doesn’t matter if the product is soft drinks or

software – creating real, human, emotional

connections is the only way to build trusted

relationships and inspire advocacy.”

Jonathan D. Becher,

SAP Chief Marketing Officer

9

Page 10: The Mindset Divide - personal vs professional networks

“Spend Time”

Professional Networks Personal Networks

“Invest Time”

Source: Q10a– Information to receive

Base: Professional SN users (5204) Personal SN users (8692)

Different purposes drive different mindsets

1

2

3

4

5

Socialize

Stay in touch

Be entertained

Kill time

Share content

Maintain professional identity

Make useful contacts

Search for opportunities

Stay in touch

Keep up to date for career

10

Page 11: The Mindset Divide - personal vs professional networks

Professional Networks Personal Networks

Career info

Updates on brands

Current affairs

Info on friends

Info on personal interests

Entertainment updates

Source: Q10a– Information to receive

Base: Professional SN users (5204) Personal SN users (8692)

Companies are expected to participate on professional

networks

26% higher than

personal

1

2

3

11

“Spend Time” “Invest Time”

Page 12: The Mindset Divide - personal vs professional networks

Source: Q23 – Types of brands / products / companies would expect to see on site | Normalised data | Base:

Professional (n=5204) Personal (n=8692)

Higher association with

‘professional’ networks

15%

10%

5%

4%

6%

10%

…express my personality

…follow personal interests

…meet my entertainment needs

…improve myself professionally

…help me to make business decisions

…gain advice / recommendations

Higher association with

‘personal’ social networks

Professional networks want brands that help them improve;

personal networks want brands that entertain

I want to see brands that I use to:

12

Page 13: The Mindset Divide - personal vs professional networks

Share knowledge

with others

Be first

in the know

Share knowledge

with others

Be first

in the know

61% 65%

45%

39%

This purposeful mindset results in more influencers on

professional networks

I consider myself likely to:

7% higher

15% higher

13

Page 14: The Mindset Divide - personal vs professional networks

Top 5 tips to

optimize your marketing with the right mindset

14

Recognize the mindset divide

Align your brand with emotion

Engage information-hungry

influencers

Frame how your brand helps build

knowledge and success

Build meaningful relationships by

participating, sharing and listening.

1

2

3

4

5

Page 15: The Mindset Divide - personal vs professional networks

Frame how your brand helps users gain

knowledge and success

50 followers

at start 12,000 followers,

5 weeks later

240x increase in just 5 weeks

Page 16: The Mindset Divide - personal vs professional networks

More likely to create content within Groups

More likely to follow companies

More likely to share updates with their network 6x

6x

9x

Influencers

Average LinkedIn Member

Engage information-hungry influencers with

exclusive information

16

Page 17: The Mindset Divide - personal vs professional networks

2.5X More Engagement than Avg.

Professional Women’s Network

47% Higher Unaided Brand Awareness

54K Total Members

Match your message to the user mindset

17

Page 18: The Mindset Divide - personal vs professional networks

“What impressed me the most

was the strong bond forged

among the women, although

most only connected online a

few months ago.” - Linda Descano

President and CEO of Women & Co.

18

NYC Connect Meet-up

Build meaningful relationships by participating,

sharing, and listening

Page 19: The Mindset Divide - personal vs professional networks

Thank You

Page 20: The Mindset Divide - personal vs professional networks

Appendix

Page 21: The Mindset Divide - personal vs professional networks

Methodology

Page 22: The Mindset Divide - personal vs professional networks

Qual and Quant

• US

• Brazil

• UK

• India

• Singapore

Quant only

• Canada

• Netherlands

• France

• Italy

• Spain

• Germany

• Australia

First global study on social mindset Qual & Quant: 6,000+ social network users

22

Page 23: The Mindset Divide - personal vs professional networks

To help marketers understand how to leverage the

strengths of each platform

Source: Q6c Personal / professional overlap by market

Base: by each brand

Professional

Networks

Personal

Networks

More Personal Connections

56%

47%

52%

41%

37%

25%

32%

26%

32%

39%

64%

71%

77%

81%

Linked In

Viadeo

Xing

BranchOut

BeKnown

Twitter

Pinterest

Facebook

Orkut

15%

13%

8%

7%

More Professional Connections

23

Page 24: The Mindset Divide - personal vs professional networks

37% higher

57% higher

71%

Professional

Networks

46%

Personal

Networks

Casual activities rank higher on personal networks;

purposeful drivers are higher on professional

68%

Professional

Networks

93%

Personal

Networks

Casual “Spend Time”

Purposeful “Invest Time”

Source: Q11– Why do you typically use the following websites? I typically tend to use… to…

Base: Users of each platform 24

Page 25: The Mindset Divide - personal vs professional networks

Do you keep your networks

separate?

25

Page 26: The Mindset Divide - personal vs professional networks

83 80

77 76 76 76 73

75

65

70 66

57

6 8 7

9 9 10 9 12

6

11 13 14

0

10

20

30

40

50

60

70

80

90

% with more personal connections

% with more professional connections

Source: Q6c – Overlap of personal and professional connections

77% gap

43% gap

Personal Networks

Keeping personal and professional contacts separate

is crucially important on personal networks

26

Page 27: The Mindset Divide - personal vs professional networks

22 23 26

21 24

26 26 25 27 28

33 35

59 56

59

53 56

58 55

47 47 46 49

45

0

10

20

30

40

50

60

70

80

90

% with more personal connections

% with more professional connections

Source: Q6c – Overlap of personal and professional connections

37% gap 10% gap

Professional Networks

People use the different

platforms simultaneously

for different purposes.

The degree of separation

differs by market / region.

On professional networks, the distinction is more

blurred, especially in India

27