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Market Insights
Social Media Analytics & Consulting
TheSocialPeople Teaser
Click here if you are unable to see the video
TheSocialPeople Teaser
Click here if you are unable to see the video
Top social marketing investment areas:
presence, frequency & processes
70%
59%
50%
0%
20%
40%
60%
80%
Presence Frequency Processes
Marketers are looking to invest heavily in social media marketing in 2012. The
top quoted areas of social marketing focus include:
Increase is reported by %age of survey respondents
Top social marketing challenges:
Resources & ROI
77%
58%
42%
0% 20% 40% 60% 80% 100%
Lack of sufficient resources
Measuring ROI
Managing and growing social…
Marketers are still grappling with how to get sufficient resources and then
best measure the return on their social marketing investment.
This may indicate a
disconnect and stalemate
between the different
levels of an organization.
%age of respondents
Social media monitoring practices
%age of respondents
78%
62%
70%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90%
At least a few times a week
Conversations with the same frequency
Plan to do so in 2012
Becoming a
Necessity
Use of social media management
platforms
%age of respondents
19%
25%
0% 5% 10% 15% 20% 25% 30%
Already using
Planning to use in 2012
Gaining
momentum
with leaders
Social media ROI
50%
30%
76%
66%
53%
40%
0% 20% 40% 60% 80%
Measuring in 2011
Plan to measure in
2012
Number of new fans
and followers
Drive traffic
Social mentions of
brand
share of social
conversations
%age of respondents
This strategy is likely more prevalent
in B2B and certain industries, but
more on that in our next cut of the
data
Engagement came in third
A little
over
one
third
made
further
links to
ROI
Top of mind but
difficult to measure
Today’s customers can shop around
the globe
They find out more than ever before
about the organizations they’re
dealing with and share their views
with hundreds of thousands, if not
millions, of fellow customers
Their expectations - be they
consumers, citizens or business
customers - are soaring
They can make or break brands
overnight
Key findings
Proactive CMOs are trying to
Understand individuals as well as markets
CMOs in the most successful enterprises are
Focusing on relationships, not just
transactions
The outperformers are committed to
Developing a clear ‘corporate character’
Most CMOs are
Struggling in one vital respect - return on
investment (ROI)
What's next?
Deliver value to
empowered
customers
Foster lasting
connections
Capture
value, measure
results
Swimming, treading water or
drowning?
The digital revolution is
transforming the marketplace.
Empowered customers can see-and
say-more about the organizations
that serve them than ever before.
But this revolution has also left
CMOs struggling to respond.
Complexity multiplies
79%
Expect high/very
high level of
complexity over
five years
48%
Feel prepared
for expected
complexity
31% Complexity gap
What’s hurting most?
Feeling the pain Most CMOs are underprepared to manage the impact of key changes
in the marketing arena.
Percent of CMOs reporting under preparedness
The biggest headaches
71% 68% 65% 63%
59% 57% 56% 56% 56% 55% 54%
50% 47%
Data explosion Social media Growth of
channel and
device choices
Shifting
consumer
demographics
Financial
constraints
Decreasing
brand loyalty
Growth market
opportunities
ROI
accountablity
Customer
collaboration
and influence
Privacy
consideration
Global
outsourcing
Regulatory
considerations
Corporate
transparency
The pressure is universal
65%
66%
56%
57%
77%
70%
73%
78%
Data explosion
Social media
Growth of channel and device choices
Shifting consumer demographics
Level of under preparedness to manage market factors
Underperforming organisations Outperforming organisations
Deliver value to empowered
customers
The most effective CMOs focus on
getting to know individuals, not just
markets. They mine new digital
information sources. And they use
customer analytics to turn data into
insights on which their
organizations can act.
Missing the personal touch
Market research 82%
Corporate strategy 81%
Competitive benchmarking 80%
Customer analytics 74%
Marketing team analysis 69%
Customer service feedback 68%
Financial metrics 68%
Campaign analysis 68%
Brand performance analysis 65%
Sales/sell-through numbers 61%
Test panels/focus groups 54%
R&D insights 52%
Consumer-generated reviews 48%
Third-party reviews and rankings 42%
Retail and shopper analysis 41%
Online communications 40%
Professional journals 37%
Blogs 26%
Supply-chain performance 25%
Sources used to influence strategy decisions
“Most CMOs pay
more attention to markets
than individuals”
Key sources to understand
individuals
Taking charge of the terabytes
Social media 82%
Customer analytics 81%
CRM 81%
Mobile applications 80%
Content management 73%
Tablet applications 72%
Single view of customer 70%
Collaboration tools 68%
Predictive analytics 66%
Reputation management 63%
Search engine optimisation 62%
Campaign management 61%
Score cards/dashboards 56%
Email marketing 46%
Most CMOs plan to deploy new
technologies to grapple with big
data.
Plans to increase the use of technology
See!
What is on
top?
TheSocialPeople
• Social Media Strategy
• Social Media Analytics
• Social Media Project Management
• Social Media Marketing
• Social Media Business
• Social Media Education
Say Hello!
TheSocialPeople Inc.,
solutions@thesocialpeople.net
www.thesocialpeople.net
http://thesocialpeople.blogspot.com

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TheSocialPeople - Social Media & CMO Market report

  • 1. Market Insights Social Media Analytics & Consulting
  • 2. TheSocialPeople Teaser Click here if you are unable to see the video
  • 3. TheSocialPeople Teaser Click here if you are unable to see the video
  • 4. Top social marketing investment areas: presence, frequency & processes 70% 59% 50% 0% 20% 40% 60% 80% Presence Frequency Processes Marketers are looking to invest heavily in social media marketing in 2012. The top quoted areas of social marketing focus include: Increase is reported by %age of survey respondents
  • 5. Top social marketing challenges: Resources & ROI 77% 58% 42% 0% 20% 40% 60% 80% 100% Lack of sufficient resources Measuring ROI Managing and growing social… Marketers are still grappling with how to get sufficient resources and then best measure the return on their social marketing investment. This may indicate a disconnect and stalemate between the different levels of an organization. %age of respondents
  • 6. Social media monitoring practices %age of respondents 78% 62% 70% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% At least a few times a week Conversations with the same frequency Plan to do so in 2012 Becoming a Necessity
  • 7. Use of social media management platforms %age of respondents 19% 25% 0% 5% 10% 15% 20% 25% 30% Already using Planning to use in 2012 Gaining momentum with leaders
  • 8. Social media ROI 50% 30% 76% 66% 53% 40% 0% 20% 40% 60% 80% Measuring in 2011 Plan to measure in 2012 Number of new fans and followers Drive traffic Social mentions of brand share of social conversations %age of respondents This strategy is likely more prevalent in B2B and certain industries, but more on that in our next cut of the data Engagement came in third A little over one third made further links to ROI Top of mind but difficult to measure
  • 9. Today’s customers can shop around the globe They find out more than ever before about the organizations they’re dealing with and share their views with hundreds of thousands, if not millions, of fellow customers Their expectations - be they consumers, citizens or business customers - are soaring They can make or break brands overnight
  • 10. Key findings Proactive CMOs are trying to Understand individuals as well as markets CMOs in the most successful enterprises are Focusing on relationships, not just transactions The outperformers are committed to Developing a clear ‘corporate character’ Most CMOs are Struggling in one vital respect - return on investment (ROI)
  • 11. What's next? Deliver value to empowered customers Foster lasting connections Capture value, measure results
  • 12. Swimming, treading water or drowning? The digital revolution is transforming the marketplace. Empowered customers can see-and say-more about the organizations that serve them than ever before. But this revolution has also left CMOs struggling to respond.
  • 13. Complexity multiplies 79% Expect high/very high level of complexity over five years 48% Feel prepared for expected complexity 31% Complexity gap
  • 14. What’s hurting most? Feeling the pain Most CMOs are underprepared to manage the impact of key changes in the marketing arena. Percent of CMOs reporting under preparedness The biggest headaches 71% 68% 65% 63% 59% 57% 56% 56% 56% 55% 54% 50% 47% Data explosion Social media Growth of channel and device choices Shifting consumer demographics Financial constraints Decreasing brand loyalty Growth market opportunities ROI accountablity Customer collaboration and influence Privacy consideration Global outsourcing Regulatory considerations Corporate transparency
  • 15. The pressure is universal 65% 66% 56% 57% 77% 70% 73% 78% Data explosion Social media Growth of channel and device choices Shifting consumer demographics Level of under preparedness to manage market factors Underperforming organisations Outperforming organisations
  • 16. Deliver value to empowered customers The most effective CMOs focus on getting to know individuals, not just markets. They mine new digital information sources. And they use customer analytics to turn data into insights on which their organizations can act.
  • 17. Missing the personal touch Market research 82% Corporate strategy 81% Competitive benchmarking 80% Customer analytics 74% Marketing team analysis 69% Customer service feedback 68% Financial metrics 68% Campaign analysis 68% Brand performance analysis 65% Sales/sell-through numbers 61% Test panels/focus groups 54% R&D insights 52% Consumer-generated reviews 48% Third-party reviews and rankings 42% Retail and shopper analysis 41% Online communications 40% Professional journals 37% Blogs 26% Supply-chain performance 25% Sources used to influence strategy decisions “Most CMOs pay more attention to markets than individuals” Key sources to understand individuals
  • 18. Taking charge of the terabytes Social media 82% Customer analytics 81% CRM 81% Mobile applications 80% Content management 73% Tablet applications 72% Single view of customer 70% Collaboration tools 68% Predictive analytics 66% Reputation management 63% Search engine optimisation 62% Campaign management 61% Score cards/dashboards 56% Email marketing 46% Most CMOs plan to deploy new technologies to grapple with big data. Plans to increase the use of technology See! What is on top?
  • 19. TheSocialPeople • Social Media Strategy • Social Media Analytics • Social Media Project Management • Social Media Marketing • Social Media Business • Social Media Education