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How We Did The Investigations The Case of the  Retail Tweeters Brought to you by And Our Partners
We’re Getting A Lot of Questions …  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Brizio Fashion  Debate Between Giorgio (CEO) and Martina (CMO) ...Yes, it’s real! And I need some budget to prove that to you! Is Social Media real or a fad? And what does it mean to our company?
Martina Kicks Ideas Around with BSI   ,[object Object],[object Object],[object Object],[object Object]
We Put Three BSI Investigators on This Case  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Brizio Fashion Gave Us Access to their  Active Data Warehouse from Teradata ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Brizio’s System Architecture  CRM Corp  LAN Teradata Production 4 Nodes 5600H  Dev  – 1 Node 5550H  Test – 1 Node 5550H Reporting 24TB Sentiment Analytics  Teradata  Relationship Manager
Social Media Data Model Segment  of Teradata’s Retail Data Model
Buzz-Based Marketing Experiments – Matt
Pricing Experiments  ,[object Object],[object Object],[object Object],[object Object]
“ Sentiment Analytics ” on Tweets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],We used Attensity’s Firehose “Respond” product for this study
Buzz Monitoring Experiments ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sample Tweets for New Product Introductions
Sentiment Scores from Attensity
Base Price Analysis: Week 4
Differential Pricing Analysis: Week 4
Matt’s  Work after 8 Weeks Increased price  created extra margin  on Trentino Decreased price  to clear the  Abruzzo Cosmetic line
How Buzz Drove Pricing Actions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],NET IMPACT + $72,000 + $27,000 + $99,000
Viral Marketing Experiment “FashionFluencer Study” – CODY
The Fashionfluencer Experiments Viral Marketing Analytics ,[object Object],[object Object],[object Object],[object Object],[object Object],Social  Media Network
Chi and Cody Studied Influencers   Used Tableau to see “Twinfluencers” Some people have huge influence – the Tweeting Influencers
Core Issue: Identity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Friends of Brizio - Sign Up!
Influencers - Analyzing People who Tweet  Find the   “TwInfluencers” (Tableau) ,[object Object],[object Object],[object Object],[object Object],Perfume Florentino Handbag Trentino
Cody Finds the  “Queen” Fashionfluencer Who is this Mystery Woman who drives the Universe of  Fashion? Hint:  It’s not …
Sample Tweets on the  Florentino Perfume of the Month Offer
Experiments Using  Teradata Relationship Manager TARGET  IS  Past Purchasers Who Are High Value/Margin Who are on Social Media Who have Influence and Who caused Past Purchases in their Influence Group  Communications Suppressions Create the Target Group for the Experiments Create an Email Campaign with a special deal for this  Fashionfluencer group to try out the Florentino Perfume  we are introducing, and forward their Opinions
Email Campaign and Response Architecture   Outer Firewall DMZ Corporate Intranet Email Offer Send Email  Offer P o s t M e s s a g e s Post Social Data ,[object Object],[object Object],2. Sends Email Offer 3. Influencers Get Email,  Buy/Try  Product 4. Tweets, Blogs, Emails 5. Attensity monitors  Tweet data  6. ETL  key  data 7. Cody analyzes whether Followers buy Inner Firewall Teradata Database T C I M C l u s t e r TCIM  Load Balancer Teradtata Relationship Manager and  Integrated Web Intelligence TRM / TCIM Administrator IWI Reporting User Marketing User Emarketing Server Social Media Influencers Social Feed Social Feed
How He Did It:   Create A Fashionfluencer Segment
Create and Monitor Communications  Relevant, Personalized Dialogues
Other Results from Cody – Geospatial Analysis Florentino Perfume – Locations of Top Influencers
Cody’s Next Steps on this Brizio Experiment   Measure Acceleration and Cannibalization effects ,[object Object],[object Object],[object Object],[object Object]
Business Impact: Fashionfluencers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A Cool Idea from Chi ,[object Object],“ It’s so easy!” Dashboards Apple iPAD
Martina Takes the Results Back to Giorgio ,[object Object]
iPad Results for Trentino Handbag ,[object Object],[object Object],[object Object]
iPad Results for Abruzzo Cosmetics ,[object Object],[object Object],[object Object]
iPad Results for Florentino Perfume ,[object Object]
iPad – Twitter Feeds for Brizio Twitter Feed monitoring of subjects “Trentino”, “Abruzzo”, etc.
CMO Takes the Results Back to the CEO Giorgio is happy With the Results  – and he’s keeping the iPad for himself! But Martina doesn’t care because her intuitions were  Right!
Brizio is On To Phase 2 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Summary The Case of the Retail Tweeters  Brizio Fashion wanted to see if Social Media could  make a difference in their sales and forecasting processes BSI explored  3 hypotheses : 1. Hot buzz – keep pricing high 2. Cold buzz – discontinue product early 3. Fashionfluencers – can drive sales  All 3 hypotheses by BSI paid off!  CASE CLOSED
 

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How We Did It: The Case of the Retail Tweeters

  • 1. How We Did The Investigations The Case of the Retail Tweeters Brought to you by And Our Partners
  • 2.
  • 3. Brizio Fashion Debate Between Giorgio (CEO) and Martina (CMO) ...Yes, it’s real! And I need some budget to prove that to you! Is Social Media real or a fad? And what does it mean to our company?
  • 4.
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  • 7. Brizio’s System Architecture CRM Corp LAN Teradata Production 4 Nodes 5600H Dev – 1 Node 5550H Test – 1 Node 5550H Reporting 24TB Sentiment Analytics Teradata Relationship Manager
  • 8. Social Media Data Model Segment of Teradata’s Retail Data Model
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  • 13. Sample Tweets for New Product Introductions
  • 17. Matt’s Work after 8 Weeks Increased price created extra margin on Trentino Decreased price to clear the Abruzzo Cosmetic line
  • 18.
  • 19. Viral Marketing Experiment “FashionFluencer Study” – CODY
  • 20.
  • 21. Chi and Cody Studied Influencers Used Tableau to see “Twinfluencers” Some people have huge influence – the Tweeting Influencers
  • 22.
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  • 24. Cody Finds the “Queen” Fashionfluencer Who is this Mystery Woman who drives the Universe of Fashion? Hint: It’s not …
  • 25. Sample Tweets on the Florentino Perfume of the Month Offer
  • 26. Experiments Using Teradata Relationship Manager TARGET IS Past Purchasers Who Are High Value/Margin Who are on Social Media Who have Influence and Who caused Past Purchases in their Influence Group Communications Suppressions Create the Target Group for the Experiments Create an Email Campaign with a special deal for this Fashionfluencer group to try out the Florentino Perfume we are introducing, and forward their Opinions
  • 27.
  • 28. How He Did It: Create A Fashionfluencer Segment
  • 29. Create and Monitor Communications Relevant, Personalized Dialogues
  • 30. Other Results from Cody – Geospatial Analysis Florentino Perfume – Locations of Top Influencers
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  • 38. iPad – Twitter Feeds for Brizio Twitter Feed monitoring of subjects “Trentino”, “Abruzzo”, etc.
  • 39. CMO Takes the Results Back to the CEO Giorgio is happy With the Results – and he’s keeping the iPad for himself! But Martina doesn’t care because her intuitions were Right!
  • 40.
  • 41. Summary The Case of the Retail Tweeters Brizio Fashion wanted to see if Social Media could make a difference in their sales and forecasting processes BSI explored 3 hypotheses : 1. Hot buzz – keep pricing high 2. Cold buzz – discontinue product early 3. Fashionfluencers – can drive sales All 3 hypotheses by BSI paid off! CASE CLOSED
  • 42.