SlideShare une entreprise Scribd logo
1  sur  43
Télécharger pour lire hors ligne
27 Feb 2014
SoLoMoThursday.com
facebook.com/SoLoMoThursday
linkedin.com/in/solomothursday
youtube.com/user/SoLoMoThursday
twitter.com/SoLoMoThursday
solomothursday.eventbrite.com
SoLoMo Thursday
Natesh Raj
Business Development Consultant
Techsailor Group
Biz Card @ Fishbowl
@SoLoMoThursdayHAPPY HOUR!
Half Pint @ $5
House Pours @ $5
Opening Note
DONATIONS are welcomed.
Help keep going.
DONATIONS are welcomed to help for:
Logistics
Food & Drinks
Publicity
and many more…
PAGE 327 Feb 2014
Objectives
PAGE 427 Feb 2014
Making Social BIG Data
Relevant for YOU!
PAGE 527 Feb 2014
PAGE 6
Speaker: ASHOK PATRO
27 Feb 2014
PAGE 7
SOCIAL BIG DATA
ANALYTICS
27 Feb 2014
Interesting Facts
PAGE 827 Feb 2014
PAGE 9
Social Media : Interesting Facts
It is the #1 of all online activities, surpassing email, gaming,
porn
74% of consumers rely on social networks to guide
purchasing decisions
About 57% of companies have acquired a customer via blog,
62% via LinkedIn, 52% via Facebook and 44% via Twitter
The average budget spent on company blog and social
media has tripled in last 3 years
1 million web pages are accessed using “Login with
Facebook”
27 Feb 2014
PAGE 10
Social Media Data: How big it is?
There are over 1.15 billion
Facebook users
There are now over 1 Billion
Google+ enabled accounts
There are over 550 million
registered Twitter users and 34%
marketers are using to generate
leads successfully
Pinterest has 20 million active
monthly users
Instagram has 150 million monthly
users
238 million+ total users
27 Feb 2014
PAGE 11
Social Media Data: How big it is?
27 Feb 2014
PAGE 12
Social Media Data: the Enabler
Treat Social Media as a Gold Mine
Don’t Assume what your consumer wants/needs.
Capture everything to avoid blind spots
Focus on quality and not only quantity
Work with real time data
27 Feb 2014
PAGE 13
Market research can no longer predict what consumers will like, but SOCIAL MEDIA
DATA does!!!
EMPOWER ACTION
with Social Media Data
Consumers are in
CONTROL
Social Media Data deals with more
radical, unfamiliar changes as
compared to Traditional research.
 Monitor
 Listen
 Gain consumer Insights
 Build competitive Intelligence
 Act fast
With “Social Media data” play along to
make the best of a digital world that
no one can control
Design accurate marketing
campaigns
Strategize Brand Buzz
Identify buying patters
Social Media Content
Acquire customers
Online Reputation
Management
What can
you finally
do?
We know what “we” want
Social Media Data: the Enabler
27 Feb 2014
Social Media
for Industries
PAGE 1427 Feb 2014
PAGE 15
One size fits all?
27 Feb 2014
PAGE 16
How is Social Media different for each
Industry
Customer Industry
27 Feb 2014
Examples - Banking
PAGE 1727 Feb 2014
PAGE 18
BFSI - Key Age Groups (India)
Less than 30 Years
30-40 Years
Greater than 40 Years
 Majority of them were
interested in discussions
related to mf’s, sip’s start-
ups, VC funding's & Angel
investors
 Majority of them were keen
interested in stocks buzz &
discussions related to short
term investments
 Majority of them initiated and
participated in all kinds of insurance,
stocks & mf’s discussions, many people of
this age group were sharing investment
tips & claims settlement issues
50% of the observed
26% of the observed
24% of the observed
27 Feb 2014
BFSI – Gender Analysis (India)
Males were almost 2 times more active than females in
posting BFSI related queries & suggestions
67% 33%
PAGE 1127 Feb 2014
Examples - Food
PAGE 2027 Feb 2014
PAGE 21
Why do we talk about food?
27 Feb 2014
PAGE 22
What type of food we talk about?
27 Feb 2014
PAGE 23
Where & when do we talk food?
27 Feb 2014
How to Make Social Media
Data Relevant for YOU?
PAGE 2427 Feb 2014
PAGE 25
Approach for Industry specific Analysis
Brand
30%
Consumer
30%
Product &
Marketing
30%
INNOVATION 10%
27 Feb 2014
PAGE 26
Approach for Industry specific Analysis
1. Key Topic Of discussion
2. Engagement Rate /Reach
3. Facebook/Twitter Page
Analysis
4. Key Influencing sites
Any New Innovation done within
the industry or the brandLoyalty Switchers Advocates
Product/Service issues
Sentiment Score
Top Influencers
Persona Analysis
Buzz Analysis
Source Analysis
Competitive Analysis
Big Emerging & Neutral
Marketing &
Product
VOC
Voice of
Customer
Brand
Innovation
27 Feb 2014
Example – Banking
PAGE 2727 Feb 2014
PAGE 28
Social Insights Methodology
STEP 1: SELECT
CRITERIA FOR THE
STUDY
STEP 2: INDUSTRY
SEGMENTATION &
CATEGORIZATION,
DEMOGRAPHIC
BIFURCATION - AGE,
GENDER etc.
STEP 3:
CATEGORY & SUB
CATEGORY WISE
SENTIMENT
 Insurance
 Banking
 Mutual Funds
 Stocks
 Others
1.CATEGORY
a. SUBCATEGORY
+ve
-ve
Neutral
KEY INSIGHTS
INDUSTRY - BFSI
GEO - INDIA
DURATION - 1st-31st Jan,2014
SOURCES – Twitter, Blogs,
Forums, News & other Social
Media Channels
27 Feb 2014
PAGE 29
Social Insights for Financial Sector
31%
28%
22%
12%
7%
Stocks Mutual Funds Insurance Banking Others
28%
tual Funds Insurance Banking Others
22%
Stocks Mutual Funds
28%
ds Insurance Banking Others
3
28%
22%
12%
7%
Stocks Mutual Funds Insurance
31%
28%
22%
12%
7%
Mutual Funds Insurance Banking Others
Insurance related discussions are mostly
either a promotional call complain, or an
enquiry, or a claims settlement related
discussion
Includes discussion around NSC, Post Office Savings, Bonds, VC,
Lottery, Lucky Draw, Angel Investors
Inclusive of discussions related to Indian banking
system, CASA a/c opening & promotions, IBPS,
Credit Cards & Loans
Captured various conversation around
stock quotes, exchange market
conditions, experts tips & bullish market
trends & forecasts
Buzz related to MF’s, growth rate, SIP’s
MF agents, policies & regulations, lock-in
periods & return on investments
27 Feb 2014
PAGE 30
Social Insights for Financial Sector
22% 21%
26%
10%
15%
9%
27%
24%
26%
21%
29%
26%
20%
12%
13%
< 30 > 30 & < 40 > 40
Insurance Banking MF Stocks Others
10%
15%
9%
12%
13%
< 30 > 30 & < 40 > 40
Insurance Banking MF Stocks Others
27 Feb 2014
PAGE 31
Social Insights for Financial Sector
Now, let’s look at BFSI as an overview
(all age groups) & bifurcate the
categories into sub- segments to drill
down further
Others
105
Stocks
465
Mutual
Funds
420
Banking
180
Insurance
330
27 Feb 2014
25 July 2013 PAGE 32
Social Insights for Financial Sector
Others
105
Stocks
N 465
Mutual
Funds
N 420
Banking
180
Insurance
330
 Investment: Insurance as investment
options
 Money : money worth options/
monetary value for insurance segment
 Tax : Insurance as Tax saving option
 General : Vehicle insurance chatter
 Policy/Claims : Insurance chatter
around claims & policies (Life/Health
Insurance were major chatter for claims)
 Life : Insurance chatter around life
insurance
 Health : Insurance chatter around
health insurance
Investment
24%
Money
17%
Tax
16%
General
16%
Policy/Claims
10%
Life
10%
Health
7%
27 February 2013 PAGE 33
Social Insights for Financial Sector
17%
32% 35%
21%
14% 14% 17%
3%
9% 7%
13%
15% 15% 5%
80%
59% 58%
66% 71% 71%
78%
Stocks
31%
Mutual
Funds
28%
Insurance
22%
Banking
12%
Others
7%
 Around 20% of people discussing about insurance finds insurance as a investment instrument, Most of their
discussion were related to insurance investment & returns
 14% of the total people discussing about insurance were actually investing or enquiring about insurance
investment because of tax saving benefits
 General insurance related discussions were basically claims settlement related and new policy enquiry
 Policy & Claims related discussions were mostly complains & settlement related issue, Almost all the comments
observed referred policies as complicated rules & regulations
7%
16% 20% 18% 23%3%
17% 8% 9% 5%
Stocks Mutual Funds Insurance Banking Others
Positive Negative Neutral
27 February 2013 PAGE 34
Social Insights for Financial Sector
26%
19%
36%
15%
4%
CICI Bank HDFC Bank SBI Bank AxisBank BOB
19%
36%
ICICI Bank HDFC Bank SBI Bank AxisBank BOB
26%
19%
36%
15%
4%
ICICI Bank HDFC Bank SBI Bank AxisBank BOB
26%
19%
4%
ank SBI Bank AxisBank BOB
19%
nk AxisBank BOB
Key Findings:
 Indian banking still levy stiff paper-works
right from ac opening to monetary
transactions
 Many buyers complains were observed
stating no clue about loss of money in
online payment
 In the era of E-commerce banking still
requires complicated formalities for
online monetary transactions
 ATM withdrawal are still not free, many
people expressed their grievances as
they donate several amount of money
from their salaried ac only for drawing
money from ATM
Indian banking has to be more advance to convene the
smooth & easy flow of money across the nation (especially
small town wherein A cities can transfer funds to B Towns
families without much paper work)
27 February 2013 PAGE 35
Social Insights for Financial Sector
Discussions pertaining to various types of Insurance investment, claims
settlement related, tax saving benefits, experts suggestions & advice
 Investment : Around 2 in 10 people discussing about Insurance were enquiring
about various insurance policies from a secured investment standpoint
 Money : Adviser & Experts were suggesting various tips to save money through
different insurance plans
 Tax : Tax saving policies, and various taxation conventions for insured investments
on surrender before maturity were most discussed topics
 General Insurance : Top buzz were around SBI General Insurance recruitment,
general insurance promotions & various vehicle insurance plans
 Policy/Claims : 1 out of every 10 people discussing about insurance were either
enquiring, suggesting or complaining about claims settlement & maturity. Mostly
vehicle/ health insurance related claims saw a major –ve chatter as people sign
up insurances without reading the terms & conditions
 Life Insurance : Majority of people discussing about life insurance policies,
maturity & claims enquiries were above 40 age group
 Health Insurance : Most of the health insurance insured were unhappy with un-
settled claims & hidden policies
Closing Tips
PAGE 3627 Feb 2014
PAGE 37
Social Media
data is really
BIG and it is
growing every
second
#1
27 Feb 2014
PAGE 38
One size does
not fit all
industries
#2
27 Feb 2014
PAGE 39
Listen to the
consumer and
not only to the
brand mentions
#3
27 Feb 2014
PAGE 40
Integrate
social insights
with your
business use
cases
#4
27 Feb 2014
QUESTIONS?
Ashok Patro
[E] ashok.patro@thoughtbuzz.net
PAGE 41
Brought to you by:
27 Feb 2014
Lucky Draw
** 10% Discount Voucher**
PAGE 4227 Feb 2014
Thank You Ashok!
PAGE 43
Brought to you by:
27 Feb 2014

Contenu connexe

Similaire à SoLoMo Thursday - Make social media big data relevant to you

[Report] Young India Series BFSI Report
[Report] Young India Series BFSI Report[Report] Young India Series BFSI Report
[Report] Young India Series BFSI ReportSocial Samosa
 
Report: Social Insights Into The South African Insurance Industry
Report: Social Insights Into The South African Insurance Industry Report: Social Insights Into The South African Insurance Industry
Report: Social Insights Into The South African Insurance Industry Andrew Felbert
 
Trends in Finance and Social for 2014
Trends in Finance and Social for 2014Trends in Finance and Social for 2014
Trends in Finance and Social for 2014LinkedIn
 
ThoughtBuzz: Social Media Report for the Banking, Financial Services and Insu...
ThoughtBuzz: Social Media Report for the Banking, Financial Services and Insu...ThoughtBuzz: Social Media Report for the Banking, Financial Services and Insu...
ThoughtBuzz: Social Media Report for the Banking, Financial Services and Insu...Diners World Travel
 
Trends in finance and social for 2014
Trends in finance and social for 2014Trends in finance and social for 2014
Trends in finance and social for 2014LinkedIn India
 
Social Media Trends: Annuity and Life Insurance
Social Media Trends: Annuity and Life InsuranceSocial Media Trends: Annuity and Life Insurance
Social Media Trends: Annuity and Life InsuranceCorporate Insight
 
How to Engage Affluent Investors on Social Media
How to Engage Affluent Investors on Social MediaHow to Engage Affluent Investors on Social Media
How to Engage Affluent Investors on Social MediaLinkedIn Canada
 
Smart content in insurance - Presentation from The Digital Insurer
Smart content in insurance  - Presentation from The Digital InsurerSmart content in insurance  - Presentation from The Digital Insurer
Smart content in insurance - Presentation from The Digital InsurerThe Digital Insurer
 
Digital marketing ppt 3
Digital marketing ppt 3Digital marketing ppt 3
Digital marketing ppt 3Ravinder Singh
 
Social Buying Meets Social Selling: How Trusted Networks Improve the Purchase...
Social Buying Meets Social Selling: How Trusted Networks Improve the Purchase...Social Buying Meets Social Selling: How Trusted Networks Improve the Purchase...
Social Buying Meets Social Selling: How Trusted Networks Improve the Purchase...Jill Sida
 
AMITY SCHOOL OF COMMUNICATION DISSERTATION IMPACT OF SOCIAL MEDIA MARKETING O...
AMITY SCHOOL OF COMMUNICATION DISSERTATION IMPACT OF SOCIAL MEDIA MARKETING O...AMITY SCHOOL OF COMMUNICATION DISSERTATION IMPACT OF SOCIAL MEDIA MARKETING O...
AMITY SCHOOL OF COMMUNICATION DISSERTATION IMPACT OF SOCIAL MEDIA MARKETING O...Jennifer Strong
 
LinkedIn - Institutional Investing in the 21st Century
LinkedIn - Institutional Investing in the 21st CenturyLinkedIn - Institutional Investing in the 21st Century
LinkedIn - Institutional Investing in the 21st CenturyJonathan Kay
 
linkedin-financial-services-and-social-media-success-en-us
linkedin-financial-services-and-social-media-success-en-uslinkedin-financial-services-and-social-media-success-en-us
linkedin-financial-services-and-social-media-success-en-usSean Fox
 
Social Buying Meets Social Selling
Social Buying Meets Social SellingSocial Buying Meets Social Selling
Social Buying Meets Social SellingJustin J. Dennis
 
Social Buyers Outline from IDC
Social Buyers Outline from IDC Social Buyers Outline from IDC
Social Buyers Outline from IDC Andy Kellam
 
A change manifesto for the CIO: A business perspective by Hugh Terry
A change manifesto for the CIO: A business perspective by Hugh Terry A change manifesto for the CIO: A business perspective by Hugh Terry
A change manifesto for the CIO: A business perspective by Hugh Terry The Digital Insurer
 
Digital marketing overview 2014
Digital marketing overview   2014Digital marketing overview   2014
Digital marketing overview 2014Sushant Kumar
 

Similaire à SoLoMo Thursday - Make social media big data relevant to you (20)

[Report] Young India Series BFSI Report
[Report] Young India Series BFSI Report[Report] Young India Series BFSI Report
[Report] Young India Series BFSI Report
 
Report: Social Insights Into The South African Insurance Industry
Report: Social Insights Into The South African Insurance Industry Report: Social Insights Into The South African Insurance Industry
Report: Social Insights Into The South African Insurance Industry
 
Trends in Finance and Social for 2014
Trends in Finance and Social for 2014Trends in Finance and Social for 2014
Trends in Finance and Social for 2014
 
FiannceConnect Sydney
FiannceConnect SydneyFiannceConnect Sydney
FiannceConnect Sydney
 
ThoughtBuzz: Social Media Report for the Banking, Financial Services and Insu...
ThoughtBuzz: Social Media Report for the Banking, Financial Services and Insu...ThoughtBuzz: Social Media Report for the Banking, Financial Services and Insu...
ThoughtBuzz: Social Media Report for the Banking, Financial Services and Insu...
 
Trends in finance and social for 2014
Trends in finance and social for 2014Trends in finance and social for 2014
Trends in finance and social for 2014
 
6.10.14
6.10.14 6.10.14
6.10.14
 
Social Media Trends: Annuity and Life Insurance
Social Media Trends: Annuity and Life InsuranceSocial Media Trends: Annuity and Life Insurance
Social Media Trends: Annuity and Life Insurance
 
How to Engage Affluent Investors on Social Media
How to Engage Affluent Investors on Social MediaHow to Engage Affluent Investors on Social Media
How to Engage Affluent Investors on Social Media
 
Smart content in insurance - Presentation from The Digital Insurer
Smart content in insurance  - Presentation from The Digital InsurerSmart content in insurance  - Presentation from The Digital Insurer
Smart content in insurance - Presentation from The Digital Insurer
 
Digital marketing ppt 3
Digital marketing ppt 3Digital marketing ppt 3
Digital marketing ppt 3
 
Social Buying Meets Social Selling: How Trusted Networks Improve the Purchase...
Social Buying Meets Social Selling: How Trusted Networks Improve the Purchase...Social Buying Meets Social Selling: How Trusted Networks Improve the Purchase...
Social Buying Meets Social Selling: How Trusted Networks Improve the Purchase...
 
AMITY SCHOOL OF COMMUNICATION DISSERTATION IMPACT OF SOCIAL MEDIA MARKETING O...
AMITY SCHOOL OF COMMUNICATION DISSERTATION IMPACT OF SOCIAL MEDIA MARKETING O...AMITY SCHOOL OF COMMUNICATION DISSERTATION IMPACT OF SOCIAL MEDIA MARKETING O...
AMITY SCHOOL OF COMMUNICATION DISSERTATION IMPACT OF SOCIAL MEDIA MARKETING O...
 
LinkedIn - Institutional Investing in the 21st Century
LinkedIn - Institutional Investing in the 21st CenturyLinkedIn - Institutional Investing in the 21st Century
LinkedIn - Institutional Investing in the 21st Century
 
SEO plan of SBI Insurance
SEO plan of SBI InsuranceSEO plan of SBI Insurance
SEO plan of SBI Insurance
 
linkedin-financial-services-and-social-media-success-en-us
linkedin-financial-services-and-social-media-success-en-uslinkedin-financial-services-and-social-media-success-en-us
linkedin-financial-services-and-social-media-success-en-us
 
Social Buying Meets Social Selling
Social Buying Meets Social SellingSocial Buying Meets Social Selling
Social Buying Meets Social Selling
 
Social Buyers Outline from IDC
Social Buyers Outline from IDC Social Buyers Outline from IDC
Social Buyers Outline from IDC
 
A change manifesto for the CIO: A business perspective by Hugh Terry
A change manifesto for the CIO: A business perspective by Hugh Terry A change manifesto for the CIO: A business perspective by Hugh Terry
A change manifesto for the CIO: A business perspective by Hugh Terry
 
Digital marketing overview 2014
Digital marketing overview   2014Digital marketing overview   2014
Digital marketing overview 2014
 

Dernier

Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonAnna Loughnan Colquhoun
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAndrey Devyatkin
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodJuan lago vázquez
 
Ransomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdfRansomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdfOverkill Security
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...DianaGray10
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...Martijn de Jong
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...apidays
 
GenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdfGenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdflior mazor
 
MS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectorsMS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectorsNanddeep Nachan
 
Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...
Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...
Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...Zilliz
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024The Digital Insurer
 
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu SubbuApidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbuapidays
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc
 
MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MIND CTI
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...apidays
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Drew Madelung
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)wesley chun
 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?Igalia
 

Dernier (20)

Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
 
Ransomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdfRansomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdf
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
 
GenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdfGenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdf
 
MS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectorsMS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectors
 
Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...
Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...
Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu SubbuApidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?
 

SoLoMo Thursday - Make social media big data relevant to you

  • 2. Biz Card @ Fishbowl @SoLoMoThursdayHAPPY HOUR! Half Pint @ $5 House Pours @ $5 Opening Note
  • 3. DONATIONS are welcomed. Help keep going. DONATIONS are welcomed to help for: Logistics Food & Drinks Publicity and many more… PAGE 327 Feb 2014
  • 5. Making Social BIG Data Relevant for YOU! PAGE 527 Feb 2014
  • 6. PAGE 6 Speaker: ASHOK PATRO 27 Feb 2014
  • 7. PAGE 7 SOCIAL BIG DATA ANALYTICS 27 Feb 2014
  • 9. PAGE 9 Social Media : Interesting Facts It is the #1 of all online activities, surpassing email, gaming, porn 74% of consumers rely on social networks to guide purchasing decisions About 57% of companies have acquired a customer via blog, 62% via LinkedIn, 52% via Facebook and 44% via Twitter The average budget spent on company blog and social media has tripled in last 3 years 1 million web pages are accessed using “Login with Facebook” 27 Feb 2014
  • 10. PAGE 10 Social Media Data: How big it is? There are over 1.15 billion Facebook users There are now over 1 Billion Google+ enabled accounts There are over 550 million registered Twitter users and 34% marketers are using to generate leads successfully Pinterest has 20 million active monthly users Instagram has 150 million monthly users 238 million+ total users 27 Feb 2014
  • 11. PAGE 11 Social Media Data: How big it is? 27 Feb 2014
  • 12. PAGE 12 Social Media Data: the Enabler Treat Social Media as a Gold Mine Don’t Assume what your consumer wants/needs. Capture everything to avoid blind spots Focus on quality and not only quantity Work with real time data 27 Feb 2014
  • 13. PAGE 13 Market research can no longer predict what consumers will like, but SOCIAL MEDIA DATA does!!! EMPOWER ACTION with Social Media Data Consumers are in CONTROL Social Media Data deals with more radical, unfamiliar changes as compared to Traditional research.  Monitor  Listen  Gain consumer Insights  Build competitive Intelligence  Act fast With “Social Media data” play along to make the best of a digital world that no one can control Design accurate marketing campaigns Strategize Brand Buzz Identify buying patters Social Media Content Acquire customers Online Reputation Management What can you finally do? We know what “we” want Social Media Data: the Enabler 27 Feb 2014
  • 15. PAGE 15 One size fits all? 27 Feb 2014
  • 16. PAGE 16 How is Social Media different for each Industry Customer Industry 27 Feb 2014
  • 17. Examples - Banking PAGE 1727 Feb 2014
  • 18. PAGE 18 BFSI - Key Age Groups (India) Less than 30 Years 30-40 Years Greater than 40 Years  Majority of them were interested in discussions related to mf’s, sip’s start- ups, VC funding's & Angel investors  Majority of them were keen interested in stocks buzz & discussions related to short term investments  Majority of them initiated and participated in all kinds of insurance, stocks & mf’s discussions, many people of this age group were sharing investment tips & claims settlement issues 50% of the observed 26% of the observed 24% of the observed 27 Feb 2014
  • 19. BFSI – Gender Analysis (India) Males were almost 2 times more active than females in posting BFSI related queries & suggestions 67% 33% PAGE 1127 Feb 2014
  • 20. Examples - Food PAGE 2027 Feb 2014
  • 21. PAGE 21 Why do we talk about food? 27 Feb 2014
  • 22. PAGE 22 What type of food we talk about? 27 Feb 2014
  • 23. PAGE 23 Where & when do we talk food? 27 Feb 2014
  • 24. How to Make Social Media Data Relevant for YOU? PAGE 2427 Feb 2014
  • 25. PAGE 25 Approach for Industry specific Analysis Brand 30% Consumer 30% Product & Marketing 30% INNOVATION 10% 27 Feb 2014
  • 26. PAGE 26 Approach for Industry specific Analysis 1. Key Topic Of discussion 2. Engagement Rate /Reach 3. Facebook/Twitter Page Analysis 4. Key Influencing sites Any New Innovation done within the industry or the brandLoyalty Switchers Advocates Product/Service issues Sentiment Score Top Influencers Persona Analysis Buzz Analysis Source Analysis Competitive Analysis Big Emerging & Neutral Marketing & Product VOC Voice of Customer Brand Innovation 27 Feb 2014
  • 27. Example – Banking PAGE 2727 Feb 2014
  • 28. PAGE 28 Social Insights Methodology STEP 1: SELECT CRITERIA FOR THE STUDY STEP 2: INDUSTRY SEGMENTATION & CATEGORIZATION, DEMOGRAPHIC BIFURCATION - AGE, GENDER etc. STEP 3: CATEGORY & SUB CATEGORY WISE SENTIMENT  Insurance  Banking  Mutual Funds  Stocks  Others 1.CATEGORY a. SUBCATEGORY +ve -ve Neutral KEY INSIGHTS INDUSTRY - BFSI GEO - INDIA DURATION - 1st-31st Jan,2014 SOURCES – Twitter, Blogs, Forums, News & other Social Media Channels 27 Feb 2014
  • 29. PAGE 29 Social Insights for Financial Sector 31% 28% 22% 12% 7% Stocks Mutual Funds Insurance Banking Others 28% tual Funds Insurance Banking Others 22% Stocks Mutual Funds 28% ds Insurance Banking Others 3 28% 22% 12% 7% Stocks Mutual Funds Insurance 31% 28% 22% 12% 7% Mutual Funds Insurance Banking Others Insurance related discussions are mostly either a promotional call complain, or an enquiry, or a claims settlement related discussion Includes discussion around NSC, Post Office Savings, Bonds, VC, Lottery, Lucky Draw, Angel Investors Inclusive of discussions related to Indian banking system, CASA a/c opening & promotions, IBPS, Credit Cards & Loans Captured various conversation around stock quotes, exchange market conditions, experts tips & bullish market trends & forecasts Buzz related to MF’s, growth rate, SIP’s MF agents, policies & regulations, lock-in periods & return on investments 27 Feb 2014
  • 30. PAGE 30 Social Insights for Financial Sector 22% 21% 26% 10% 15% 9% 27% 24% 26% 21% 29% 26% 20% 12% 13% < 30 > 30 & < 40 > 40 Insurance Banking MF Stocks Others 10% 15% 9% 12% 13% < 30 > 30 & < 40 > 40 Insurance Banking MF Stocks Others 27 Feb 2014
  • 31. PAGE 31 Social Insights for Financial Sector Now, let’s look at BFSI as an overview (all age groups) & bifurcate the categories into sub- segments to drill down further Others 105 Stocks 465 Mutual Funds 420 Banking 180 Insurance 330 27 Feb 2014
  • 32. 25 July 2013 PAGE 32 Social Insights for Financial Sector Others 105 Stocks N 465 Mutual Funds N 420 Banking 180 Insurance 330  Investment: Insurance as investment options  Money : money worth options/ monetary value for insurance segment  Tax : Insurance as Tax saving option  General : Vehicle insurance chatter  Policy/Claims : Insurance chatter around claims & policies (Life/Health Insurance were major chatter for claims)  Life : Insurance chatter around life insurance  Health : Insurance chatter around health insurance Investment 24% Money 17% Tax 16% General 16% Policy/Claims 10% Life 10% Health 7%
  • 33. 27 February 2013 PAGE 33 Social Insights for Financial Sector 17% 32% 35% 21% 14% 14% 17% 3% 9% 7% 13% 15% 15% 5% 80% 59% 58% 66% 71% 71% 78% Stocks 31% Mutual Funds 28% Insurance 22% Banking 12% Others 7%  Around 20% of people discussing about insurance finds insurance as a investment instrument, Most of their discussion were related to insurance investment & returns  14% of the total people discussing about insurance were actually investing or enquiring about insurance investment because of tax saving benefits  General insurance related discussions were basically claims settlement related and new policy enquiry  Policy & Claims related discussions were mostly complains & settlement related issue, Almost all the comments observed referred policies as complicated rules & regulations 7% 16% 20% 18% 23%3% 17% 8% 9% 5% Stocks Mutual Funds Insurance Banking Others Positive Negative Neutral
  • 34. 27 February 2013 PAGE 34 Social Insights for Financial Sector 26% 19% 36% 15% 4% CICI Bank HDFC Bank SBI Bank AxisBank BOB 19% 36% ICICI Bank HDFC Bank SBI Bank AxisBank BOB 26% 19% 36% 15% 4% ICICI Bank HDFC Bank SBI Bank AxisBank BOB 26% 19% 4% ank SBI Bank AxisBank BOB 19% nk AxisBank BOB Key Findings:  Indian banking still levy stiff paper-works right from ac opening to monetary transactions  Many buyers complains were observed stating no clue about loss of money in online payment  In the era of E-commerce banking still requires complicated formalities for online monetary transactions  ATM withdrawal are still not free, many people expressed their grievances as they donate several amount of money from their salaried ac only for drawing money from ATM Indian banking has to be more advance to convene the smooth & easy flow of money across the nation (especially small town wherein A cities can transfer funds to B Towns families without much paper work)
  • 35. 27 February 2013 PAGE 35 Social Insights for Financial Sector Discussions pertaining to various types of Insurance investment, claims settlement related, tax saving benefits, experts suggestions & advice  Investment : Around 2 in 10 people discussing about Insurance were enquiring about various insurance policies from a secured investment standpoint  Money : Adviser & Experts were suggesting various tips to save money through different insurance plans  Tax : Tax saving policies, and various taxation conventions for insured investments on surrender before maturity were most discussed topics  General Insurance : Top buzz were around SBI General Insurance recruitment, general insurance promotions & various vehicle insurance plans  Policy/Claims : 1 out of every 10 people discussing about insurance were either enquiring, suggesting or complaining about claims settlement & maturity. Mostly vehicle/ health insurance related claims saw a major –ve chatter as people sign up insurances without reading the terms & conditions  Life Insurance : Majority of people discussing about life insurance policies, maturity & claims enquiries were above 40 age group  Health Insurance : Most of the health insurance insured were unhappy with un- settled claims & hidden policies
  • 37. PAGE 37 Social Media data is really BIG and it is growing every second #1 27 Feb 2014
  • 38. PAGE 38 One size does not fit all industries #2 27 Feb 2014
  • 39. PAGE 39 Listen to the consumer and not only to the brand mentions #3 27 Feb 2014
  • 40. PAGE 40 Integrate social insights with your business use cases #4 27 Feb 2014
  • 42. Lucky Draw ** 10% Discount Voucher** PAGE 4227 Feb 2014
  • 43. Thank You Ashok! PAGE 43 Brought to you by: 27 Feb 2014