uk c-suite presentation
DESCRIPTION
Holistic view of C-Suite digital behaviour, platform agnostic.. not just a LinkedIn sales pitch..TRANSCRIPT
2012 UK Business Elite Research
23rd October 2012 Chris ElderNadia James
Data Sources…
BE Europe reaches senior business executives from 59,787 companies in 17 countries across Europe, either with 250+ employees or £40m+ annual turnover
The longest established single source marketing and media survey in Britain
LinkedIn’s internal data, taken from over 1.1M C-Suites in the UK
eMarketer covers digital marketing, media and commerce, offering insights essential to navigating the changing, competitive and complex digital environment.
On average, BE Europe executives are involved in annual purchase decisions worth £6.2 million. This equates to a total business spend in excess of £2.4
trillion across the total universe of executives.
Source: BE:Europe 2012Base: GB Data Only
Channels Measured:
*Net unduplicated Reach – Monthly TV, Print, Website, Smartphone & Tablet Reach
UK Business Elite engage with content across multiple media channels…
99%
71%
55%50%
43% 41%
29%26% 24%
20%
Almost 100% of the UK’s top Business Executives access BBC monthly.
LinkedIn & Twitter are the only 2 platforms in this set available via web or smartphone only.
Global Executives are engaged with media at all times of day…
Source Emarketer, Oct 2011
Before Work
During Work Day
Lunch/breaks
During Commute
After Work Weekends0%
20%
40%
60%
80%
Media Consumption of Senior Executives Worldwide, By Time of Day, Oct 2011
Radio
National Newspaper
Computer
Mobile/tablet
TV
Industry trade journals
Senior Executives…
Are 72% more likely
to watch TV than use a computer after
work.
Are consuming media most via computers with
an average consumption of 35%
Are most likely to use mobiles or tablets
during the work day.
Channels Measured:
76%
50%
31%27% 27% 27% 25%
18%
11%9%
Digital, and more recently, social is now a significant part of their schedules…
Source: BE:Europe 2012Base: GB Data Only
Channels Measured:
*Reach –Website only
New technologies are changing the way UK Business Elite access news & media content…
Source: BE:Europe 2012Base: GB Data Only
Channels Measured:
*Reach –Website only
+
Tablet Only
Smartphone Only
Tablet & Smartphone
76%
50%
31%
27% 27%25%
27%
18%
11%9%
Smartphones are becoming a key medium in how UK Business Elite stay connected…
Source: BE:Europe 2012Base: GB Data Only
21% of UK BE visit a social media website daily
53% of UK BE access online content via smartphone daily
25% of UK BE access content via a tablet computer daily
25% of UK BE access news via an app on either a smartphone or tablet daily
Reach of C-Suites from the UK Business Elite, by publisher…
Source: BE:Europe 2012Base: GB Data Only
Channels Measured:
*Reach –Website only
LinkedIn’s reach of C-Suites is 60% greater than its closest commercial competitor
Who are LinkedIn’s C-Suites?
Source: BE:Europe 2012
Average Age
85% Male
46% Involved in Purchasing Decisions worth £1.5M+
35% work in companies with 1000+ Employees
£718K Average Personal Net Worth
Average Gross Salary
£145K
Connect & Communicate
Research People & Companies
Professional Insights On the Move
Targeting : Directors and Above
Geo: UK
How do C-Suites engage with LinkedIn?
79% Network with other professionals
69% Stay up to date on industry discussions
Source: LinkedIn Internal dataPercentages only for active members in June 2012
77% Learn about what other colleagues are doing
21% More likely than average active member to access LinkedIn on their mobile
+33% More likely to be members of LinkedIn groups
+60% More likely to be a member of our influencer custom segment
LinkedIn’s C-Suite audience are business influencers and early adopters on- and off- platform…
Source: 1st column- BE:Europe 2012, Base: GB data only2nd column- LinkedIn Internal data – Global- %s for active members in June 2012
69% Really enjoy finding out how technology works
72% Enjoy engaging with international news and affairs
94% Influence people’s decisions & behaviours
+63% More likely to follow a company other than their own
Methodology behind BE: Europe
Appendix
The series of surveys now called the Business Elite first appeared in 1973 as the European
Businessmen Readership Survey (EBRS).
The Asia study was launched in 1985, followed by surveys in Japan (1998), Central Europe (2000),
Australia (2005) and the United States (2006). Similar studies are run in Latin America and the Middle
East.
BE:Europe is now run on an annual basis and the objectives of the survey are to:
1. To estimate the size and scope of the business elite audience;
2. To measure their media consumption and business decision-making influence;
3. To support campaign planning targeted at the most senior business executives
Background…
The business elite are few in number....
BE: EUROPE
General population329m
0.45m
Although the Business Elite only represent 0.13% (444,441) of Europe’s population they are disproportionally influential relative to their size This audience represents senior business leaders in 59, 787 companies in 17 European countries. The universe includes industrial and commercial companies with 250 or more employees, other leading European companies in terms of turnover with 150-249 employees, plus the head office of banks and insurance companies.
As well as being a key audience for B2B marketing, they also represent the key to profitability for sectors such as finance, luxury goods and cars, airlines and hotels
BE: Europe 17 Countries
How surveys are conducted...
Executives via telephone screening
IPSOS MORI call the identified company and verify the companies eligibility. They ask for the most senior person’s name plus another job function randomly selected from a list.
Paper self-completion questionnaireA paper self-completion questionnaire is then sent to the respondents, with a covering letter giving a URL address so the respondent also has the option to complete online. The equivalent to €5 is also included and we suggest they give this to charity; this is viewed as a trust building exercise.
Identify companies from business directories
IPSOS MORI use companies such as Dun and Bradstreet to identify companies with 250+ employees and if their turnover is greater than £40m we lower the threshold to 150+ employees