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WHY SEARCH + SOCIAL =
SUCCESS FOR BRANDS
THE ROLE OF SEARCH AND SOCIAL WITHIN THE CUSTOMER LIFE CYCLE*
*A commissioned study conducted by Forrester Consulting on behalf of Catalyst
Boston
CATALYST AND FORRESTER:
WORKING TOGETHER
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Brands are waking up to a world
in which their customers have
access to more information,
across more channels, and have
more control in their
relationships with brands than
ever before.
– Forrester Consulting
“
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
It’s more complex than ever for brands to
choose the right channels...
– Forrester Consulting
“
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Search & Social Have a
Unique Power to Bring
Consumers and Brands
Together.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
FROM THE WHITE PAPER
•  March 2015, we commissioned Forrester Consulting to evaluate how online
consumers use search and social media through all the various touchpoints
of their purchase journey.
•  Forrester tested our idea that search and social are crucial components of
the customer lifecycle, and play a complementary role to one another.
•  There was an online survey of 999 consumers who had used online
channels to shop within a 3 month period across multiple verticals…
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
…AND HERE ARE THE RESULTS!
UNDERSTANDING THE
CUSTOMER LIFECYCLE
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
The customer lifecycle begins with
channels that:
•  Reach your customer by painting an
appealing image
•  Support depth in the product
exploration process
•  Solidify the relationship, engagement,
and emotional bond customers have
with a brand.
THE CUSTOMER LIFECYCLE
R
each
Depth
Relationship
Explore
Discover
Buy
Engage
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
All of which promote
discovery, exploration,
purchasing, and
continual engagement.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Search & Social are imperative
to product discovery, choice,
and interaction with companies
and brands.
THE POWER OF SEARCH & SOCIAL
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
SEARCH & SOCIAL CHANNELS EXAMINED
Search Channels in The Study Include:
•  Customer Searches on Search Engines
•  Customer Searches on eRetailers
•  Customer Searches on Social Media
Social Channels in the Study Include:
•  Major social platforms
•  Video sharing sites
•  Blogs (company or personal)
•  Review sites and communities
SEARCH: A PRIMARY TOOL IN
THE CUSTOMER’S LIFECYCLE
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
SEARCH IS A TOP SOURCE OF INFORMATION
90%
The percentage of the 999 consumers questioned who
USE SEARCH when discovering, exploring, and
engaging with products and services.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Search Provides
Insight.
At all stages in the
lifecycle, Search is there to
provide information and
insight on products &
services.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Search Outpaces
Traditional Media.
Search activity for discovery
and product engagement is on
a continual rise, as discovery
and engagement from
traditional advertising channels
is falling.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Percentage of consumers who turn to search
in the discovery phase of the lifecycle versus…
…the percentage of those who turn to
TV advertising for product discovery.
95% 50%
SEARCH OUTPACES TRADITIONAL MEDIA
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Which of the following ways do you use Search to:
Discover/find out about new products, brands, or
services?
Research products brands or services?
Keep in touch with products, brands, or services?
SEARCH IS THERE THROUGHOUT THE FULL CUSTOMER JOURNEY
R
each
Depth
R
elationship
Explore
Discover
Buy
Engage
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
REACH
SEARCH IS THERE THROUGHOUT THE FULL CUSTOMER JOURNEY
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
DEPTH
SEARCH IS THERE THROUGHOUT THE FULL CUSTOMER JOURNEY
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
RELATIONSHIP
SEARCH IS THERE THROUGHOUT THE FULL CUSTOMER JOURNEY
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Search is the Best Way to
Reach Customers.
It is a gateway to brand content
and effective in building and
maintaining relationships.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Search is…
The main way for customers to
access information they need to
make informed decisions about
what products they want to buy.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Search is…
A true launch pad for customers
to find what they are looking for
on brand sites and retail locales.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Search is…
A valuable tool for customers to
re-visit retailers and companies,
and even to see how other
customers are using the products
they had also purchased.
SOCIAL: DRIVING
INCREASED BRAND VALUE
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
SOCIAL IS ABOUT QUALITY OF CUSTOMER – NOT QUANTITY OF CUSTOMERS
R
each
Depth
Relationship
Explore
Discover
Buy
Engage
At all stages in the lifecycle, Social is an
impactful media channel for the 999 surveyed
customers, however, this impact is seen more
in the QUALITY of interactions with friends and
brands, rather than the quantity.
How do customers use social media
throughout the purchase journey?
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
REACH
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
DEPTH
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
RELATIONSHIP
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Let’s dive deeper into how social media drives
value in the lifecycle…
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
REACH & DISCOVERY: FRIENDS DRIVE PRODUCT AWARENESS
IN SOCIAL MORE THAN BRANDS
0%
10%
20%
30%
40%
50%
60%
I	
  saw	
  a	
  friend's	
  post	
  
about	
  a	
  brand	
  
I	
  asked	
  my	
  friends	
  on	
  
social	
  about	
  a	
  brand	
  
I	
  saw	
  a	
  brand's	
  post	
  
about	
  their	
  products	
  
I	
  saw	
  a	
  sponsored	
  
post	
  on	
  a	
  social	
  site	
  
52%
27%
43%
14%
Consumer	
  Influencers	
  in	
  Social:	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
81%	
  by	
  friends,	
  58%	
  by	
  brands	
  
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
81% Of consumers are interested in various products or
services because of the influence of a friend’s post.
Versus
Of consumers are interested in various products or
services because of the influence of a company’s post.58%
A “friend’s” post or product suggestion is more valuable
and influential to a customer in a purchase decision than a
company’s own product post or advertisement.
DEPTH & RESEARCH: INFO
GATHERED ON SOCIAL CHANNELS
DRIVES VALUE & TRUST
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Social Drives Value and Trust for Customers.
Customer review sites are the top social media channel, as they are
used to research products, driving trust.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Social Drives Value and Trust for Customers.
73% of customers would pay more for a brand they “like” on social
and 76% of customers would share information on products and
brands with friends and family in the space as well.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Social Drives Value and Trust for Customers.
Customers who use social channels to research products are likely
among the company’s best, with 52% saying they spend $250 or
more online after visiting a social site.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Social Drives Value and Trust for Customers.
The more hype around a product or service on social media, the more
valuable the information is to customers.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Social is the Way Brands Reach
Their Most Engaged Customers.
Customer review sites, blogs and personal
social networks providing social content to
customers has inherent value for the most
engaged set of people looking for and
purchasing products.
In return, customers reward brands with
repeat purchases, continued brand loyalty,
and word-of-mouth advertising within their
respective social circles.
ONGOING RELATIONSHIP: SOCIAL MEDIA ENCOURAGES
ENGAGEMENT WITH YOUR BEST CUSTOMERS
SOURCE: “Why Search + Social = Success, The Role of Search and Social in the Customer Lifecycle” GroupM commissioned Forrester White Paper, 2015
Reference 1: Please see slide 15 for the full breakdown of customer response to social use throughout the customer lifecycle
88%	
  	
  
87%	
  
•  88% of customers use Social in the
Reach & Discovery phase
•  87% of customers use Social in the
Depth & Purchase phase
•  66% of customers continue
relationships with brands on
Social after product purchase1
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
While 66% is lower than the other phases of the customer lifecycle for
Social, these customers who do engage continue to naturally promote
the brand and buy again, becoming ambassadors for their favorite
products online within their social networks.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Social helps customers stay
connected long after
purchase, as it provides an
outlet to share the benefits
of products that they loved –
all while promoting
prolonged brand
engagement.
SEARCH & SOCIAL: YOUR BEST
CUSTOMERS ARE USING BOTH
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
The entire purchase journey is heavily connected to
both Search and Social channels:
•  Algorithms in search engines favor social content,
promoting back and forth activity between the two media
types
•  They drive trust among consumers over online stores and
the best customers use both to discover products,
research, purchase and then engage with brands again…
SO HOW DO SEARCH & SOCIAL WORK TOGETHER?
SEO	
  algorithms	
  favor	
  
Social	
  Content	
  
Info	
  from	
  Search	
  &	
  Social	
  
drives	
  more	
  trust	
  than	
  
online	
  stores	
  
Your	
  BEST	
  customers	
  
are	
  conAnually	
  using	
  
both	
  Search	
  &	
  Social	
  	
  
…Proving that there is a significant benefit to integrating
search marketing & social media messaging.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
MOST CUSTOMERS USE SEARCH & SOCIAL
TO INFORM SHOPPING BEHAVIOR
0%
10%
20%
30%
40%
50%
60%
Yes	
   No	
   I	
  don't	
  recall	
  
58%
29%
13%
Customers Who Used Search and Social Media
To Influence A Purchasing Decision
SOURCE: “Why Search + Social = Success, The Role of Search and Social in the Customer Lifecycle” GroupM commissioned Forrester White Paper, 2015
•  Search is a lead-in to content customers use to find,
consider and follow up on purchases they make.
•  Over half who use the Search channel, ultimately
also use Social to inform their shopping habits.
•  Those who combine the two channels reward brands
they like by spending more with these companies,
and promoting them to friends and networks.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Customers Who Use Both
Search & Social Spend More.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
Search & Social Are Key Ways
Customers Relate to Products &
Services.
It’s imperative that brands include Search and
Social in the marketing media mix.
Customers actively use Search to efficiently
access product details for purchasing
decisions, and utilize social by interacting with
friends and company content, directly
influencing buying habits.
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
KEY RECOMMENDATIONS
•  *Use Search to drive volume and site traffic*
•  *Use Social Media to drive value and trust*
•  – but most importantly –
•  *Combine Search and Social for the greatest impact
and results for business goals*
•  Employing the Search + Social strategy presents a
strong opportunity for brands to drive value for
customers and proven results for themselves
throughout the full customer lifecycle.
R
each
Depth
Relationship
Explore
Discover
Buy
Engage
APPENDIX
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
CUSTOMER SHOPPING BEHAVIOR BY VERTICAL
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
SEARCH + SOCIAL = AMPLIFIES RESULTS
0.37%
CVR
0.39%
CVR
S+SSearch
Only
Social
Only
Customers are 4.8 times more
likely to convert when both the
Search and Social channels are
used together.
By investigating the customer
journey on a single-user level, we
can isolate their online paths,
revealing the tendency to convert
by channel:
•  Search only
•  Social only
•  Search + Social.
Search Only CVR is blended across all SEM & SEO clicks
Social ONLY CVR is blended across Facebook and Twitter paid ad clicks
SOURCE: S+S Amplification Case Study, GMSS April 2015
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
SEARCH + SOCIAL INTEGRATION DRIVES RESULTS
1.89%	
  
0.39%	
   0.37%	
  
Search + Social Search Only Social Only
CVR	
  by	
  Channel	
  Engagement	
  	
  
5.13x	
  
Lift
4.8x
Lift
There is a considerable lift in the rate at
which customers convert when both Search
and Social channels are in their purchase
journey verses just search or just social.
•  4.8X lift over Search path engagement only.
•  5.13X lift over Social path engagement only.
Search Only CVR is blended across all SEM & SEO clicks
Social ONLY CVR is blended across Facebook and Twitter paid ad clicks
SOURCE: S+S Amplification Case Study, GMSS April 2015
SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016
KEY TAKEAWAYS
Users who engaged and clicked on Search (SEO/SEM) and Paid
Social assets are 4.8X more valuable to advertisers.
LET’S CAPITALIZE ON THE SEARCH + SOCIAL SYNERGIES:
Strategic Recommendations
•  Employ retargeting of organic and paid search clickers in social to maximize reach into
customers who are engaged in both channels to drive social conversion volume.
o  This can result in a 13.7x lift in conversion rate.
•  Employ remarketing of social clickers in search to maximize reach into users who are engaged
in both channels to drive search conversion volume.
o  This can result in a 3.4x lift in conversion rate.
SOURCE: S+S Amplification Case Study, GMSS April 2015
DOWNLOAD THE WHITEPAPER
www.catalystdigital.com/forrester-sem-social-media-marketing-success/
© 2016 by Catalyst Digital. All rights reserved.
www.CatalystDigital.com

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Why Search + Social = Success for Brands

  • 1. WHY SEARCH + SOCIAL = SUCCESS FOR BRANDS THE ROLE OF SEARCH AND SOCIAL WITHIN THE CUSTOMER LIFE CYCLE* *A commissioned study conducted by Forrester Consulting on behalf of Catalyst Boston
  • 3. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Brands are waking up to a world in which their customers have access to more information, across more channels, and have more control in their relationships with brands than ever before. – Forrester Consulting “
  • 4. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 It’s more complex than ever for brands to choose the right channels... – Forrester Consulting “
  • 5. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Search & Social Have a Unique Power to Bring Consumers and Brands Together.
  • 6. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 FROM THE WHITE PAPER •  March 2015, we commissioned Forrester Consulting to evaluate how online consumers use search and social media through all the various touchpoints of their purchase journey. •  Forrester tested our idea that search and social are crucial components of the customer lifecycle, and play a complementary role to one another. •  There was an online survey of 999 consumers who had used online channels to shop within a 3 month period across multiple verticals…
  • 7. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 …AND HERE ARE THE RESULTS!
  • 9. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 The customer lifecycle begins with channels that: •  Reach your customer by painting an appealing image •  Support depth in the product exploration process •  Solidify the relationship, engagement, and emotional bond customers have with a brand. THE CUSTOMER LIFECYCLE R each Depth Relationship Explore Discover Buy Engage
  • 10. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 All of which promote discovery, exploration, purchasing, and continual engagement.
  • 11. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Search & Social are imperative to product discovery, choice, and interaction with companies and brands. THE POWER OF SEARCH & SOCIAL
  • 12. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 SEARCH & SOCIAL CHANNELS EXAMINED Search Channels in The Study Include: •  Customer Searches on Search Engines •  Customer Searches on eRetailers •  Customer Searches on Social Media Social Channels in the Study Include: •  Major social platforms •  Video sharing sites •  Blogs (company or personal) •  Review sites and communities
  • 13. SEARCH: A PRIMARY TOOL IN THE CUSTOMER’S LIFECYCLE
  • 14. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 SEARCH IS A TOP SOURCE OF INFORMATION 90% The percentage of the 999 consumers questioned who USE SEARCH when discovering, exploring, and engaging with products and services.
  • 15. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Search Provides Insight. At all stages in the lifecycle, Search is there to provide information and insight on products & services.
  • 16. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Search Outpaces Traditional Media. Search activity for discovery and product engagement is on a continual rise, as discovery and engagement from traditional advertising channels is falling.
  • 17. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Percentage of consumers who turn to search in the discovery phase of the lifecycle versus… …the percentage of those who turn to TV advertising for product discovery. 95% 50% SEARCH OUTPACES TRADITIONAL MEDIA
  • 18. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Which of the following ways do you use Search to: Discover/find out about new products, brands, or services? Research products brands or services? Keep in touch with products, brands, or services? SEARCH IS THERE THROUGHOUT THE FULL CUSTOMER JOURNEY R each Depth R elationship Explore Discover Buy Engage
  • 19. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 REACH SEARCH IS THERE THROUGHOUT THE FULL CUSTOMER JOURNEY
  • 20. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 DEPTH SEARCH IS THERE THROUGHOUT THE FULL CUSTOMER JOURNEY
  • 21. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 RELATIONSHIP SEARCH IS THERE THROUGHOUT THE FULL CUSTOMER JOURNEY
  • 22. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Search is the Best Way to Reach Customers. It is a gateway to brand content and effective in building and maintaining relationships.
  • 23. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Search is… The main way for customers to access information they need to make informed decisions about what products they want to buy.
  • 24. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Search is… A true launch pad for customers to find what they are looking for on brand sites and retail locales.
  • 25. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Search is… A valuable tool for customers to re-visit retailers and companies, and even to see how other customers are using the products they had also purchased.
  • 27. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 SOCIAL IS ABOUT QUALITY OF CUSTOMER – NOT QUANTITY OF CUSTOMERS R each Depth Relationship Explore Discover Buy Engage At all stages in the lifecycle, Social is an impactful media channel for the 999 surveyed customers, however, this impact is seen more in the QUALITY of interactions with friends and brands, rather than the quantity. How do customers use social media throughout the purchase journey?
  • 28. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 REACH
  • 29. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 DEPTH
  • 30. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 RELATIONSHIP
  • 31. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Let’s dive deeper into how social media drives value in the lifecycle…
  • 32. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 REACH & DISCOVERY: FRIENDS DRIVE PRODUCT AWARENESS IN SOCIAL MORE THAN BRANDS 0% 10% 20% 30% 40% 50% 60% I  saw  a  friend's  post   about  a  brand   I  asked  my  friends  on   social  about  a  brand   I  saw  a  brand's  post   about  their  products   I  saw  a  sponsored   post  on  a  social  site   52% 27% 43% 14% Consumer  Influencers  in  Social:                                                             81%  by  friends,  58%  by  brands  
  • 33. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 81% Of consumers are interested in various products or services because of the influence of a friend’s post. Versus Of consumers are interested in various products or services because of the influence of a company’s post.58% A “friend’s” post or product suggestion is more valuable and influential to a customer in a purchase decision than a company’s own product post or advertisement.
  • 34. DEPTH & RESEARCH: INFO GATHERED ON SOCIAL CHANNELS DRIVES VALUE & TRUST
  • 35. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Social Drives Value and Trust for Customers. Customer review sites are the top social media channel, as they are used to research products, driving trust.
  • 36. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Social Drives Value and Trust for Customers. 73% of customers would pay more for a brand they “like” on social and 76% of customers would share information on products and brands with friends and family in the space as well.
  • 37. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Social Drives Value and Trust for Customers. Customers who use social channels to research products are likely among the company’s best, with 52% saying they spend $250 or more online after visiting a social site.
  • 38. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Social Drives Value and Trust for Customers. The more hype around a product or service on social media, the more valuable the information is to customers.
  • 39. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Social is the Way Brands Reach Their Most Engaged Customers. Customer review sites, blogs and personal social networks providing social content to customers has inherent value for the most engaged set of people looking for and purchasing products. In return, customers reward brands with repeat purchases, continued brand loyalty, and word-of-mouth advertising within their respective social circles.
  • 40. ONGOING RELATIONSHIP: SOCIAL MEDIA ENCOURAGES ENGAGEMENT WITH YOUR BEST CUSTOMERS SOURCE: “Why Search + Social = Success, The Role of Search and Social in the Customer Lifecycle” GroupM commissioned Forrester White Paper, 2015 Reference 1: Please see slide 15 for the full breakdown of customer response to social use throughout the customer lifecycle 88%     87%   •  88% of customers use Social in the Reach & Discovery phase •  87% of customers use Social in the Depth & Purchase phase •  66% of customers continue relationships with brands on Social after product purchase1
  • 41. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 While 66% is lower than the other phases of the customer lifecycle for Social, these customers who do engage continue to naturally promote the brand and buy again, becoming ambassadors for their favorite products online within their social networks.
  • 42. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Social helps customers stay connected long after purchase, as it provides an outlet to share the benefits of products that they loved – all while promoting prolonged brand engagement.
  • 43. SEARCH & SOCIAL: YOUR BEST CUSTOMERS ARE USING BOTH
  • 44. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 The entire purchase journey is heavily connected to both Search and Social channels: •  Algorithms in search engines favor social content, promoting back and forth activity between the two media types •  They drive trust among consumers over online stores and the best customers use both to discover products, research, purchase and then engage with brands again… SO HOW DO SEARCH & SOCIAL WORK TOGETHER? SEO  algorithms  favor   Social  Content   Info  from  Search  &  Social   drives  more  trust  than   online  stores   Your  BEST  customers   are  conAnually  using   both  Search  &  Social     …Proving that there is a significant benefit to integrating search marketing & social media messaging.
  • 45. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 MOST CUSTOMERS USE SEARCH & SOCIAL TO INFORM SHOPPING BEHAVIOR 0% 10% 20% 30% 40% 50% 60% Yes   No   I  don't  recall   58% 29% 13% Customers Who Used Search and Social Media To Influence A Purchasing Decision SOURCE: “Why Search + Social = Success, The Role of Search and Social in the Customer Lifecycle” GroupM commissioned Forrester White Paper, 2015 •  Search is a lead-in to content customers use to find, consider and follow up on purchases they make. •  Over half who use the Search channel, ultimately also use Social to inform their shopping habits. •  Those who combine the two channels reward brands they like by spending more with these companies, and promoting them to friends and networks.
  • 46. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Customers Who Use Both Search & Social Spend More.
  • 47. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 Search & Social Are Key Ways Customers Relate to Products & Services. It’s imperative that brands include Search and Social in the marketing media mix. Customers actively use Search to efficiently access product details for purchasing decisions, and utilize social by interacting with friends and company content, directly influencing buying habits.
  • 48. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 KEY RECOMMENDATIONS •  *Use Search to drive volume and site traffic* •  *Use Social Media to drive value and trust* •  – but most importantly – •  *Combine Search and Social for the greatest impact and results for business goals* •  Employing the Search + Social strategy presents a strong opportunity for brands to drive value for customers and proven results for themselves throughout the full customer lifecycle. R each Depth Relationship Explore Discover Buy Engage
  • 50. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 CUSTOMER SHOPPING BEHAVIOR BY VERTICAL
  • 51. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 SEARCH + SOCIAL = AMPLIFIES RESULTS 0.37% CVR 0.39% CVR S+SSearch Only Social Only Customers are 4.8 times more likely to convert when both the Search and Social channels are used together. By investigating the customer journey on a single-user level, we can isolate their online paths, revealing the tendency to convert by channel: •  Search only •  Social only •  Search + Social. Search Only CVR is blended across all SEM & SEO clicks Social ONLY CVR is blended across Facebook and Twitter paid ad clicks SOURCE: S+S Amplification Case Study, GMSS April 2015
  • 52. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 SEARCH + SOCIAL INTEGRATION DRIVES RESULTS 1.89%   0.39%   0.37%   Search + Social Search Only Social Only CVR  by  Channel  Engagement     5.13x   Lift 4.8x Lift There is a considerable lift in the rate at which customers convert when both Search and Social channels are in their purchase journey verses just search or just social. •  4.8X lift over Search path engagement only. •  5.13X lift over Social path engagement only. Search Only CVR is blended across all SEM & SEO clicks Social ONLY CVR is blended across Facebook and Twitter paid ad clicks SOURCE: S+S Amplification Case Study, GMSS April 2015
  • 53. SOURCE: “Why Search + Social = Success For Brands, The Role of Search and Social in the Customer Life Cycle” Catalyst commissioned Forrester White Paper, 2016 KEY TAKEAWAYS Users who engaged and clicked on Search (SEO/SEM) and Paid Social assets are 4.8X more valuable to advertisers. LET’S CAPITALIZE ON THE SEARCH + SOCIAL SYNERGIES: Strategic Recommendations •  Employ retargeting of organic and paid search clickers in social to maximize reach into customers who are engaged in both channels to drive social conversion volume. o  This can result in a 13.7x lift in conversion rate. •  Employ remarketing of social clickers in search to maximize reach into users who are engaged in both channels to drive search conversion volume. o  This can result in a 3.4x lift in conversion rate. SOURCE: S+S Amplification Case Study, GMSS April 2015
  • 55. © 2016 by Catalyst Digital. All rights reserved. www.CatalystDigital.com