SlideShare une entreprise Scribd logo
1  sur  8
Télécharger pour lire hors ligne
Social Media as Business Intelligence

With more-and-more data coming online everyday, why is it that
most Brands use it in a post mortem approach to measuring
performance in Marketing & Communications Strategy?

Is this the best we can currently do?


             “Social Intelligence is an emerging discipline. Most
             brands’ listening strategies still only use social media
             data reactively – mainly monitoring brand mentions.
             Few have yet to take the next steps toward
             proactively using the data to inform their marketing
             and business decisions.”

             Zach Hofer-Shall - Forrester Research
             “Trends 2010: Listening Platforms” - Sept 9, 2010




                                                                        1
The Basics of Social Media Data

Includes 3 Parts:

• Technologies: Digital technologies that facilitate forms of online content allowing for end
  users to engage in multi-directional conversations in or around that content

• Content Single-Sourcing / Syndication: Media (content) that can be re-purposed in many
  different forms and in many different places

• User Generated Content (UGC): Technology combined with social interaction to create or
  co-create content and value


            Digital                    Content                User Generated
         Technologies                Syndication                 Content



                                         The
                                     Conversation
                                        Cloud



                                                                                                2
The Basics of Social Media Influence

                            The
                        Conversation
                           Cloud




                                               60%
                                                        • Share of Voice: A Brand‟s Share of
                                                          Voice within the competitive brand
                                  40%                     landscape
                    20%
                                                        • Share of Conversation: A Brand‟s
                            Brand Share
                                                          mention in conversation around
                                                          categories of products, services, and
                                Influence
                                                          attributes


        • On-Topic Post
        • Author Reputation             Relative
        • Author Reach                  Authority
        • Platform Authority
        • Platform Reach
        • Content and Context            Sphere of
        Resonance with the          Influence / Reach
        Community / Audience




                                                                                                  3
If You Can’t Engage, What Else Can You Do?


             Create Actionable Insights for:


            Engagement            Insights

             Influence the       Inform Brand
               Influencer           Lexicon

          Leverage Influencer   Inform MarCom
               Platform             Strategy

                                Inform Creative
                                  Concepting

                                Inform Editorial
                                    Process



                                                   4
The Social Media Business Process – SM vs. MR
  Social Media Listening Outputs                                                  Market Research Outputs

                  Conversation                                                          Pre Qualified / Sorted
                     Cloud                                                              Panel or Focus Group




                                                                                           Targeted Survey /
      Brand / Indication
      Share of Voice /                                                                         Interview
      Conversation                       60%

                           40%
            20%


                                                                                             Psychographics

                                 Influencer
                                                                       Ethnographies             Personas           Attitudinal Insights



• On-Topic Post                                                                               Demographics
• Author Reputation               Relative
• Author Reach                    Authority
• Platform Authority                            The primary difference between the two methodologies is that there‟s a more
• Platform Reach                                quantitative process and approach on the Social Media Listening side – and a more
• Content and Context            Sphere of      qualitative process and approach on the Market Research side.
Resonance with the          Influence / Reach
Community / Audience                            Social Information Mining or Social Intelligence is a hybrid of the two – with a heavy
                                                emphasis on Text Analytics, Linguistics, Semiotics, Anthropology, Semantics, Virtual
                                                Ethnography, Demographics, Geographies, etc.

                                                                                                                                           5
Lexicon Sample Tracker
Unbranded Strategic Keyword Phrases

           Unbranded Search Phrases - Referred
            Page Views (to a Brand.com 2010):
 120,000
                                                           • What‟s driving the paradigm-shift in Brand
 100,000                                                     engagement is that Search Engines such as
  80,000                                                     Google are indexing more-and-more Social
                                                             Media data (Caffeine Update in 2010).
  60,000
                  Q1
  40,000                     Q2                            • This simple study was for unbranded
                                        Q3
  20,000                                                     keyword phrases or brand attributes that
                                                  Q4         have pull-through to the Brand.com website
       0                                                     versus the indexing of content associated to
               Period1     Period2    Period3    Period4
                                                             the same phrases in Google.

                                                           • This trend will continue and new, better
               Unbranded Search Phrases - Google             means for Brand Engagement Intelligence
                                                             must take into consideration the ever-
                     Index Results (2010):                   expanding universe of content (data) that is
 25,000,000                                                  relevant to the Brand. Especially as
 20,000,000                                                  competition for the Brand‟s strategic
                                                             keywords and attributes increases
 15,000,000                                                  exponentially.
                                                   Q4
 10,000,000                              Q3
                              Q2
  5,000,000        Q1
           0
                 Period1    Period2    Period3   Period4



                                                                                                            6
Branded vs. Unbranded Lexicon Sample
Performance in Social Media (Q1 2011)

                                                        Total Relevant Posts: 41,593




 The vast difference in conversation volumes illustrates the “whitespace” opportunity for the Brand to “intercept” or join the
 conversation. The whitespace also represents the strategic research opportunity at hand: Social Intelligence.


                                                                                                                                 7
The Social Intelligence Value Proposition
• With the massive volume of data being mounted online on a daily basis, appropriate research methodologies and solutions
  are required to deal with the onslaught. Social Media Monitoring solutions are fine for near real-time crisis management
  and mitigation, aspects of customer service, public relations, and online reputation management – but such solutions
  typically lack the rigor to effectively assess true sentiment, qualitative characteristics, contextual relationships, and
  attitudinal proclivities for a large volume individuals and their representative content “objects” and the
  connections/relevance to much larger conversations and themes.

• More traditional market research methodologies hint at the Social Media Monitoring platform shortcomings; the effective
  and rigorous sampling of pre-qualified target audience (or audiences) based upon vetted segmentation criteria. Only by
  leveraging “highly-throttled” sampling of Social Media “big pipes” can we begin to identify audience attitudes in general.
  This requires a thorough hybrid approach of quantitative and qualitative means whereby subject matter experts comb-
  through a large volume of “content objects” and assess the appropriate coding or categorization for further and deeper
  analyses.

• Social Media Monitoring has been evolved into Social Media Listening to attempt to address these issues and
  challenges. The trouble is that most platforms have not evolved to keep pace with advanced usage. Thorough analyses
  take time, research expertise, and subject matter expertise and most Social Media Monitoring solutions are designed for
  MarCom attribution to further support budgetary allocations and ROI. This isn‟t much different from the evolution of Web
  Analytics…

• Brands have demanded that Social Media conversations be “mapped” to the traditional consumer / customer journey – the
  research process and continuum. While this may appear entirely plausible from the theoretical perspective, the reality of
  Social Media Content Objects is that they represent only an „abstract‟ of a much more complex and comprehensive
  conversation (or theme) – and that contextual scenario must be understood in order to take advantage of the real value
  and opportunity of Social Intelligence: Predictive Modeling in the vein of Business Intelligence.

• Social Intelligence solutions will take full advantage of Social Media “big pipes” but will also allow for integration across
  Search, Web Analytics, Text Analytics, Media, Market Research, Mobile, eCRM, etc. Virtually any data repository available
  via API would become grist-for-the-mill. And the Social Intelligence platform would allow for a simplistic, engaging graphical
  user interface (GUI) for synthesized data representation in a interactive dashboard (SaaS / Web application) for the Brand
  business strategists. So, Social Intelligence, Business Intelligence, and Data Visualization are connected at the hip.

                                                                                                                                   8

Contenu connexe

En vedette

Social Listening: What's Your Social IQ?
Social Listening: What's Your Social IQ?Social Listening: What's Your Social IQ?
Social Listening: What's Your Social IQ?TrafficPRM
 
What do we mean by "Smarter?"
What do we mean by "Smarter?"What do we mean by "Smarter?"
What do we mean by "Smarter?"Thomas Erickson
 
Using Social Intelligence to Help Shape Customer Relationships & Drive ROI
Using Social Intelligence to Help Shape Customer Relationships & Drive ROIUsing Social Intelligence to Help Shape Customer Relationships & Drive ROI
Using Social Intelligence to Help Shape Customer Relationships & Drive ROIMzinga
 
14 Must-Listen Podcasts in 2014
14 Must-Listen Podcasts in 201414 Must-Listen Podcasts in 2014
14 Must-Listen Podcasts in 2014Daniel Goleman
 
Social Intelligence Systems for Wicked Problems
Social Intelligence Systems for Wicked ProblemsSocial Intelligence Systems for Wicked Problems
Social Intelligence Systems for Wicked ProblemsSimon Buckingham Shum
 
Social Media Marketing Trends - Social Intelligence Report 2014
Social Media Marketing Trends - Social Intelligence Report 2014Social Media Marketing Trends - Social Intelligence Report 2014
Social Media Marketing Trends - Social Intelligence Report 2014SBR-Technologies
 
Social Intelligence And The Biology of Leadership By Denial Goleman
Social Intelligence And The Biology of Leadership By Denial GolemanSocial Intelligence And The Biology of Leadership By Denial Goleman
Social Intelligence And The Biology of Leadership By Denial GolemanArslan Ali Butt
 
Social Intelligence in the Age of Infobesity - A Verifeed White Paper
Social Intelligence in the Age of Infobesity - A Verifeed White PaperSocial Intelligence in the Age of Infobesity - A Verifeed White Paper
Social Intelligence in the Age of Infobesity - A Verifeed White PaperMelinda Wittstock
 
Putting Social Intelligence To Work (from #SMWLA)
Putting Social Intelligence To Work (from #SMWLA)Putting Social Intelligence To Work (from #SMWLA)
Putting Social Intelligence To Work (from #SMWLA)Sysomos
 
Raising Your Social Media IQ - A Workshop
Raising Your Social Media IQ - A WorkshopRaising Your Social Media IQ - A Workshop
Raising Your Social Media IQ - A WorkshopSonny Cohen
 
Social Intelligence Report | Q4 2013
Social Intelligence Report | Q4 2013Social Intelligence Report | Q4 2013
Social Intelligence Report | Q4 2013Adobe
 
How to Hire The Right Candidate
How to Hire The Right CandidateHow to Hire The Right Candidate
How to Hire The Right CandidateDaniel Goleman
 
Emotional intelligence 2
Emotional intelligence 2Emotional intelligence 2
Emotional intelligence 2Madhav Adhakari
 
Listening at Kodak - Social Intelligence & Analytics
Listening at Kodak - Social Intelligence & AnalyticsListening at Kodak - Social Intelligence & Analytics
Listening at Kodak - Social Intelligence & AnalyticsMadlen Nicolaus
 
Using Social Intelligence to Help Shape Customer Relationships & Drive ROI
Using Social Intelligence to Help Shape Customer Relationships & Drive ROIUsing Social Intelligence to Help Shape Customer Relationships & Drive ROI
Using Social Intelligence to Help Shape Customer Relationships & Drive ROITeradata
 
Create a productive workplace
Create a productive workplaceCreate a productive workplace
Create a productive workplaceDaniel Goleman
 
4 Strategies to Renew Your Career Passion
4 Strategies to Renew Your Career Passion4 Strategies to Renew Your Career Passion
4 Strategies to Renew Your Career PassionDaniel Goleman
 

En vedette (17)

Social Listening: What's Your Social IQ?
Social Listening: What's Your Social IQ?Social Listening: What's Your Social IQ?
Social Listening: What's Your Social IQ?
 
What do we mean by "Smarter?"
What do we mean by "Smarter?"What do we mean by "Smarter?"
What do we mean by "Smarter?"
 
Using Social Intelligence to Help Shape Customer Relationships & Drive ROI
Using Social Intelligence to Help Shape Customer Relationships & Drive ROIUsing Social Intelligence to Help Shape Customer Relationships & Drive ROI
Using Social Intelligence to Help Shape Customer Relationships & Drive ROI
 
14 Must-Listen Podcasts in 2014
14 Must-Listen Podcasts in 201414 Must-Listen Podcasts in 2014
14 Must-Listen Podcasts in 2014
 
Social Intelligence Systems for Wicked Problems
Social Intelligence Systems for Wicked ProblemsSocial Intelligence Systems for Wicked Problems
Social Intelligence Systems for Wicked Problems
 
Social Media Marketing Trends - Social Intelligence Report 2014
Social Media Marketing Trends - Social Intelligence Report 2014Social Media Marketing Trends - Social Intelligence Report 2014
Social Media Marketing Trends - Social Intelligence Report 2014
 
Social Intelligence And The Biology of Leadership By Denial Goleman
Social Intelligence And The Biology of Leadership By Denial GolemanSocial Intelligence And The Biology of Leadership By Denial Goleman
Social Intelligence And The Biology of Leadership By Denial Goleman
 
Social Intelligence in the Age of Infobesity - A Verifeed White Paper
Social Intelligence in the Age of Infobesity - A Verifeed White PaperSocial Intelligence in the Age of Infobesity - A Verifeed White Paper
Social Intelligence in the Age of Infobesity - A Verifeed White Paper
 
Putting Social Intelligence To Work (from #SMWLA)
Putting Social Intelligence To Work (from #SMWLA)Putting Social Intelligence To Work (from #SMWLA)
Putting Social Intelligence To Work (from #SMWLA)
 
Raising Your Social Media IQ - A Workshop
Raising Your Social Media IQ - A WorkshopRaising Your Social Media IQ - A Workshop
Raising Your Social Media IQ - A Workshop
 
Social Intelligence Report | Q4 2013
Social Intelligence Report | Q4 2013Social Intelligence Report | Q4 2013
Social Intelligence Report | Q4 2013
 
How to Hire The Right Candidate
How to Hire The Right CandidateHow to Hire The Right Candidate
How to Hire The Right Candidate
 
Emotional intelligence 2
Emotional intelligence 2Emotional intelligence 2
Emotional intelligence 2
 
Listening at Kodak - Social Intelligence & Analytics
Listening at Kodak - Social Intelligence & AnalyticsListening at Kodak - Social Intelligence & Analytics
Listening at Kodak - Social Intelligence & Analytics
 
Using Social Intelligence to Help Shape Customer Relationships & Drive ROI
Using Social Intelligence to Help Shape Customer Relationships & Drive ROIUsing Social Intelligence to Help Shape Customer Relationships & Drive ROI
Using Social Intelligence to Help Shape Customer Relationships & Drive ROI
 
Create a productive workplace
Create a productive workplaceCreate a productive workplace
Create a productive workplace
 
4 Strategies to Renew Your Career Passion
4 Strategies to Renew Your Career Passion4 Strategies to Renew Your Career Passion
4 Strategies to Renew Your Career Passion
 

Plus de Dharmabuilt

The Pace of Change Requires AI (and/or its subsets)
The Pace of Change Requires AI (and/or its subsets) The Pace of Change Requires AI (and/or its subsets)
The Pace of Change Requires AI (and/or its subsets) Dharmabuilt
 
social_intelligence_evolution
social_intelligence_evolutionsocial_intelligence_evolution
social_intelligence_evolutionDharmabuilt
 
Dharmabuilt Consulting Framework April 2013
Dharmabuilt Consulting Framework April 2013Dharmabuilt Consulting Framework April 2013
Dharmabuilt Consulting Framework April 2013Dharmabuilt
 
Social Media vs Market Research: Influence, Sentiment, and Patient Journey Op...
Social Media vs Market Research: Influence, Sentiment, and Patient Journey Op...Social Media vs Market Research: Influence, Sentiment, and Patient Journey Op...
Social Media vs Market Research: Influence, Sentiment, and Patient Journey Op...Dharmabuilt
 
RSS and Social Web 101
RSS and Social Web 101RSS and Social Web 101
RSS and Social Web 101Dharmabuilt
 

Plus de Dharmabuilt (6)

The Pace of Change Requires AI (and/or its subsets)
The Pace of Change Requires AI (and/or its subsets) The Pace of Change Requires AI (and/or its subsets)
The Pace of Change Requires AI (and/or its subsets)
 
social_intelligence_evolution
social_intelligence_evolutionsocial_intelligence_evolution
social_intelligence_evolution
 
The AIDA Model
The AIDA ModelThe AIDA Model
The AIDA Model
 
Dharmabuilt Consulting Framework April 2013
Dharmabuilt Consulting Framework April 2013Dharmabuilt Consulting Framework April 2013
Dharmabuilt Consulting Framework April 2013
 
Social Media vs Market Research: Influence, Sentiment, and Patient Journey Op...
Social Media vs Market Research: Influence, Sentiment, and Patient Journey Op...Social Media vs Market Research: Influence, Sentiment, and Patient Journey Op...
Social Media vs Market Research: Influence, Sentiment, and Patient Journey Op...
 
RSS and Social Web 101
RSS and Social Web 101RSS and Social Web 101
RSS and Social Web 101
 

Dernier

Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...ShrutiBose4
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionMintel Group
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...ssuserf63bd7
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 

Dernier (20)

Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted Version
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 

Social Intelligence meets Business Intelligence and the Promise of Data Visualization

  • 1. Social Media as Business Intelligence With more-and-more data coming online everyday, why is it that most Brands use it in a post mortem approach to measuring performance in Marketing & Communications Strategy? Is this the best we can currently do? “Social Intelligence is an emerging discipline. Most brands’ listening strategies still only use social media data reactively – mainly monitoring brand mentions. Few have yet to take the next steps toward proactively using the data to inform their marketing and business decisions.” Zach Hofer-Shall - Forrester Research “Trends 2010: Listening Platforms” - Sept 9, 2010 1
  • 2. The Basics of Social Media Data Includes 3 Parts: • Technologies: Digital technologies that facilitate forms of online content allowing for end users to engage in multi-directional conversations in or around that content • Content Single-Sourcing / Syndication: Media (content) that can be re-purposed in many different forms and in many different places • User Generated Content (UGC): Technology combined with social interaction to create or co-create content and value Digital Content User Generated Technologies Syndication Content The Conversation Cloud 2
  • 3. The Basics of Social Media Influence The Conversation Cloud 60% • Share of Voice: A Brand‟s Share of Voice within the competitive brand 40% landscape 20% • Share of Conversation: A Brand‟s Brand Share mention in conversation around categories of products, services, and Influence attributes • On-Topic Post • Author Reputation Relative • Author Reach Authority • Platform Authority • Platform Reach • Content and Context Sphere of Resonance with the Influence / Reach Community / Audience 3
  • 4. If You Can’t Engage, What Else Can You Do? Create Actionable Insights for: Engagement Insights Influence the Inform Brand Influencer Lexicon Leverage Influencer Inform MarCom Platform Strategy Inform Creative Concepting Inform Editorial Process 4
  • 5. The Social Media Business Process – SM vs. MR Social Media Listening Outputs Market Research Outputs Conversation Pre Qualified / Sorted Cloud Panel or Focus Group Targeted Survey / Brand / Indication Share of Voice / Interview Conversation 60% 40% 20% Psychographics Influencer Ethnographies Personas Attitudinal Insights • On-Topic Post Demographics • Author Reputation Relative • Author Reach Authority • Platform Authority The primary difference between the two methodologies is that there‟s a more • Platform Reach quantitative process and approach on the Social Media Listening side – and a more • Content and Context Sphere of qualitative process and approach on the Market Research side. Resonance with the Influence / Reach Community / Audience Social Information Mining or Social Intelligence is a hybrid of the two – with a heavy emphasis on Text Analytics, Linguistics, Semiotics, Anthropology, Semantics, Virtual Ethnography, Demographics, Geographies, etc. 5
  • 6. Lexicon Sample Tracker Unbranded Strategic Keyword Phrases Unbranded Search Phrases - Referred Page Views (to a Brand.com 2010): 120,000 • What‟s driving the paradigm-shift in Brand 100,000 engagement is that Search Engines such as 80,000 Google are indexing more-and-more Social Media data (Caffeine Update in 2010). 60,000 Q1 40,000 Q2 • This simple study was for unbranded Q3 20,000 keyword phrases or brand attributes that Q4 have pull-through to the Brand.com website 0 versus the indexing of content associated to Period1 Period2 Period3 Period4 the same phrases in Google. • This trend will continue and new, better Unbranded Search Phrases - Google means for Brand Engagement Intelligence must take into consideration the ever- Index Results (2010): expanding universe of content (data) that is 25,000,000 relevant to the Brand. Especially as 20,000,000 competition for the Brand‟s strategic keywords and attributes increases 15,000,000 exponentially. Q4 10,000,000 Q3 Q2 5,000,000 Q1 0 Period1 Period2 Period3 Period4 6
  • 7. Branded vs. Unbranded Lexicon Sample Performance in Social Media (Q1 2011) Total Relevant Posts: 41,593 The vast difference in conversation volumes illustrates the “whitespace” opportunity for the Brand to “intercept” or join the conversation. The whitespace also represents the strategic research opportunity at hand: Social Intelligence. 7
  • 8. The Social Intelligence Value Proposition • With the massive volume of data being mounted online on a daily basis, appropriate research methodologies and solutions are required to deal with the onslaught. Social Media Monitoring solutions are fine for near real-time crisis management and mitigation, aspects of customer service, public relations, and online reputation management – but such solutions typically lack the rigor to effectively assess true sentiment, qualitative characteristics, contextual relationships, and attitudinal proclivities for a large volume individuals and their representative content “objects” and the connections/relevance to much larger conversations and themes. • More traditional market research methodologies hint at the Social Media Monitoring platform shortcomings; the effective and rigorous sampling of pre-qualified target audience (or audiences) based upon vetted segmentation criteria. Only by leveraging “highly-throttled” sampling of Social Media “big pipes” can we begin to identify audience attitudes in general. This requires a thorough hybrid approach of quantitative and qualitative means whereby subject matter experts comb- through a large volume of “content objects” and assess the appropriate coding or categorization for further and deeper analyses. • Social Media Monitoring has been evolved into Social Media Listening to attempt to address these issues and challenges. The trouble is that most platforms have not evolved to keep pace with advanced usage. Thorough analyses take time, research expertise, and subject matter expertise and most Social Media Monitoring solutions are designed for MarCom attribution to further support budgetary allocations and ROI. This isn‟t much different from the evolution of Web Analytics… • Brands have demanded that Social Media conversations be “mapped” to the traditional consumer / customer journey – the research process and continuum. While this may appear entirely plausible from the theoretical perspective, the reality of Social Media Content Objects is that they represent only an „abstract‟ of a much more complex and comprehensive conversation (or theme) – and that contextual scenario must be understood in order to take advantage of the real value and opportunity of Social Intelligence: Predictive Modeling in the vein of Business Intelligence. • Social Intelligence solutions will take full advantage of Social Media “big pipes” but will also allow for integration across Search, Web Analytics, Text Analytics, Media, Market Research, Mobile, eCRM, etc. Virtually any data repository available via API would become grist-for-the-mill. And the Social Intelligence platform would allow for a simplistic, engaging graphical user interface (GUI) for synthesized data representation in a interactive dashboard (SaaS / Web application) for the Brand business strategists. So, Social Intelligence, Business Intelligence, and Data Visualization are connected at the hip. 8