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Social Analytics
Marco Rinne (marinn@microsoft.com)
Summary

            I.    Social Analytics Definitions

            II.   The Importance of Business Goals

            III. A Framework approach

            IV. Challenges for Social Analytics

            V. Social Analytics from a Marketers Perspective

            VI. Microsoft - Examples and Tools

            VII. What‘s Next?




Marco Rinne (marinn@microsoft.com)
definition
Social Analytics (broad)



                             “Social analytics is monitoring, analyzing, measuring and interpreting
                             digital interactions and relationships of people, topics, ideas and content.
                             Interactions occur in workplace and external-facing communities. Social
                             analytics include sentiment analysis, natural-language processing and social
                             networking analysis (influencer identification, profiling and scoring), and
                             advanced techniques such as text analysis, predictive modeling and
                             recommendations, and automated identification and classification of
                             subject/topic, people or content.”
                                                                                                       (Gartner IT Glossary)
 Social Analytics (narrow)




                             ”Social analytics measure the impact of social media on business“
                                                                      (Awareness Inc. – Actionable Social Analytics; April 12)




                             Social analytics measure the impact of social media metrics on business
                             metrics

                 Marco Rinne (marinn@microsoft.com)
mapping engagement to business objectives

                                     business goal    brand awareness




     metrics/KPI layer                                  share of voice


                                                       #brand mentions
     interpretation layer                            #brand+competitor
                                                              mentions


     data layer                                       #brand mentions



                                     social media
Marco Rinne (marinn@microsoft.com)
framework approach

                                                     targets
     strategy                        resources                     metrics
                                             people            technology
                           organization
                                                            listening
            monitoring
                                      business goals
                      tools                      target audience
       sentiment
                                                            measurement
                                      objectives

Marco Rinne (marinn@microsoft.com)
framework approach


                  business
                                     measurement                tactics                    tools
                   goals




            • brand                  • awareness • twitter                           • platform
              awareness              • engagemen • blog
            • support                  t
              cost                   • influence
              reduction                  Gillin, Schwartzman „social marketing to the business customer“ 2011




Marco Rinne (marinn@microsoft.com)
framework approach


                  people                    objectives                strategy                technology




            • audience                  •    listening             • tactics                  • platform
              analysis                  •    talking               • metrics                  • tools
                 (social
                 technographics
                                        •    supporting
                 profile)               •    …
                                  Li, Bernoff „groundswell: winning in a world transformed by social technologies“ 2011




Marco Rinne (marinn@microsoft.com)
framework approach (combined; extended)

                                            business goals

      objectives               strategy      measurement         organization        technology
  •                                         •   identify     •    check
      translate           •    analyse                                           •    identify
      business                                  relevant          necessary
                               target                                                 suitable
      goals into                                metrics,          resources
                               audience                                               tools based
      social                                    KPIs         •    is your
                               (channels)                                             on strategy
                                            •   define            organization
      media               •    identify                                               and metrics
      objectives                                success           ready for
                               tactics                                                (that scale)
      (SMART)                                   (targets)         social
                                                                  (EP2.0)


                                                optimize




Marco Rinne (marinn@microsoft.com)
challenges for social analytics

                 business goal       PR
                                     marketing         There is no single
                                     HR                       ROI
                                     CSS                for social media
                                     …




                                       too much data     too little data



                  social media
Marco Rinne (marinn@microsoft.com)
the data problem
     too much data (ex. Facebook insights; excerpt only)




        source:
        https://developers.facebook.com/docs/reference/fql/insights




Marco Rinne (marinn@microsoft.com)
the data problem
     too little data

      private social profiles         theatlantic.com – referrer analysis




                                      Alexis C. Madrigal, The Atlantic - Dark Social: We
                                      Have the Whole History of the Web Wrong (Oct 12)


       media/community cooperations


Marco Rinne (marinn@microsoft.com)
the data problem
     inconsistant data and



                                     =   =


     automation limitations




Marco Rinne (marinn@microsoft.com)
the ROI problem


         Division                Objective                        KPI/metric

         marketing               increase brand awareness         SoV


                                                                  #sales from social
         sales                   increase device sales
                                                                  channels

                                                                  SAT-metrics;
         css                     increase customer satisfaction
                                                                  #support issues




Marco Rinne (marinn@microsoft.com)
social analytics – marketing perspective
                                   MS.COM                      E-Mail Newsletter


                 msn.de
                                                                              Events, Messen
                                                   OWNED
                                                   MEDIA
                                                   Microsoft
Microsoft Partner                                  Channels                            Microsoft Foren,
   Ecosystem                                                                          Newsgroups, Blogs,
                                                                                        Communities
                                           PAID                EARNED
Search Engine                             MEDIA                 MEDIA
  Marketing                               3rd Party/           Community/                 Neutrale
                                         Commercial            Social Media             Communities,
                                                                                         Foren etc.


                                                                                       Blogs,
                Display                                                              Microblogs
               Advertising
    Marco Rinne (marinn@microsoft.com)                             Social Networks
social analytics – marketing perspective

 Exposure/                                           Action/
                                  Engagement                          (Advocacy)
 Awareness                                         Conversion

soft metrics                    soft metrics      soft metrics       soft metrics
• reach                         • storyteller     • engaged users    • external
• # fans                        • # likes         • downloads           referrers
• friends of fans               • # comments      • shop referrals   • shares
• impressions                   • # shares        • video views      • brand/product
• referrals from                • video views     • …                   recommend.
   brand/product                • picture views                      • …
   website                      • …




 Marco Rinne (marinn@microsoft.com)
social analytics – marketing perspective
     awareness (Facebook)
      30000                                                                                                           140000


                                                                                                                      120000
      25000


                                                                                                                      100000
      20000

                                                                                                                      80000
      15000
                                                                                                                      60000

      10000
                                                                                                                      40000


       5000
                                                                                                                      20000


          0                                                                                                           0




                  New Fans           Lost Fans   Fans (total)   German FB Brands (avg.)   Trend polynominal (R² = 0,96)


Marco Rinne (marinn@microsoft.com)
social analytics – marketing perspective
     engagement (Facebook)

                                      storytellers – fan adds (unique)
                                                                       · 100
                                     page posts impressions (unique)




Marco Rinne (marinn@microsoft.com)
social analytics – marketing perspective

 Exposure/                                             Action/
                                   Engagement                            (Advocacy)
 Awareness                                           Conversion

soft metrics                     soft metrics       soft metrics        soft metrics
• reach                          • storyteller      • engaged users     • external
• # fans                         • # likes          • downloads            referrers
• friends of fans                • # comments       • shop referrals    • shares
• impressions                    • # shares         • video views       • brand/product
• referrals from                 • video views      • …                    recommend.
   brand/product                 • picture views                        • …
   website                       • …

financial metric                 financial metric   financial metric    financial metric
• cost per fan                   • cp engmnt        • cost per action   • cost per referral




  Marco Rinne (marinn@microsoft.com)
social analytics – marketing perspective

                                                           total invest in SoMe platform
   Exposure                    cost per fan =
                                                        # new fans in campaign timeframe


                                                           total invest in SoMe platform
Engagement                     cost per engagement =
                                                       # comments + # likes in c. timeframe


                                                            total invest in SoMe platform
      Action                   cost per action =
                                                     i.e. # downloads in campaign timeframe


                                                           total invest in SoMe platform
  (Advocacy)                   cost per referral =
                                                        # referrals in campaign timeframe




Marco Rinne (marinn@microsoft.com)
social analytics – marketing perspective

Windows Campaigns Q1-3           FY 11/H2   FY 11/H2   FY 11/H2   FY 11/H1   financial metrics (avg.)
Campaign (Digital)               Bridge     Holiday    Holiday    BTS
                                                                             Windows campaigns (digital) Q1-3
Media Status
Budget total
Budget spent
Traffic Drivers Off-Net (paid)
Display (Banner-Placement)
Budget spent                                                                   cost per ad impression
Ad impressions

Clicks (Initial responses)
Initial responses rate (CTR%)

CPC €                                                                          cost per click
Primary Conversions
(global&local)
Primary CR%
CPA €                                                                          cost per action
SEM (Holiday ab KW 47)
Budget spent
Clicks
CPC €                                                                          cost per click (SEA)
Primary Conversions
(global&local)
Primary CR%                                                                    cost per action (SEA)
CPA €
Total (Display+SEM)
CPC €
CPA €


  Marco Rinne (marinn@microsoft.com)
social analytics – marketing perspective


    (paid)                            social            owned             compare
    media                             media             media               fair

   cost per ad                          cost per          cost per
                                      (message)            page           long term
   impression                         impression        impression           vs.
                                                                          short term

     cost per                           cost per
                                      (message)        cost per visit
       click                          impression                              Fans
                                                                           participate
                                                                          intentionally
                                                                             esp. in
     cost per                        cost per action
                                                       cost per click /      earned
      action                                               action           channels



Marco Rinne (marinn@microsoft.com)
social analytics – examples and tools




Marco Rinne (marinn@microsoft.com)
social analytics – examples and tools




Marco Rinne (marinn@microsoft.com)
social analytics – examples and tools




Marco Rinne (marinn@microsoft.com)
social analytics – examples and tools




Marco Rinne (marinn@microsoft.com)
social analytics – examples and tools

                                     Oct25th-
                                     Oct27th




Marco Rinne (marinn@microsoft.com)
what„s next? – paid + owned + earned = <3
                                   MS.COM                      E-Mail Newsletter


                 msn.de
                                                                              Events, Messen
                                                   OWNED
                                                   MEDIA
                                                   Microsoft
Microsoft Partner                                  Channels                               Microsoft
   Ecosystem                                                                       Foren, Newsgroups, Bl
                                                                                      gs, Communities
                                           PAID                EARNED
Search Engine                             MEDIA                 MEDIA
  Marketing                               3rd Party/           Community/                 Neutrale
                                         Commercial            Social Media             Communities,
                                                                                         Foren etc.


                                                                                       Blogs,
                Display                                                              Microblogs
               Advertising
    Marco Rinne (marinn@microsoft.com)                             Social Networks
what„s next? – paid + owned + earned = <3


                                                                               earned
    investment




                                                                               owned




                                                                               paid
                                     „integrated“ digital campaign timeframe




Marco Rinne (marinn@microsoft.com)
what„s next? – integrated („big“) data models


                        display       PAID         sea



                       listening     SOCIAL   social channels




                                                                DATA
                                     MOBIL
                        display                   apps
                                      E


                                     OWNE
                       analytics                   crm
                                      D


Marco Rinne (marinn@microsoft.com)
what„s next? – more courage




                                                 create
                                                 value




                                                brands
                                     leverage              have
                                      data                purpose




Marco Rinne (marinn@microsoft.com)
thank you - Q&A




Marco Rinne (marinn@microsoft.com)

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Social Analytics Framework

  • 1. Social Analytics Marco Rinne (marinn@microsoft.com)
  • 2. Summary I. Social Analytics Definitions II. The Importance of Business Goals III. A Framework approach IV. Challenges for Social Analytics V. Social Analytics from a Marketers Perspective VI. Microsoft - Examples and Tools VII. What‘s Next? Marco Rinne (marinn@microsoft.com)
  • 3. definition Social Analytics (broad) “Social analytics is monitoring, analyzing, measuring and interpreting digital interactions and relationships of people, topics, ideas and content. Interactions occur in workplace and external-facing communities. Social analytics include sentiment analysis, natural-language processing and social networking analysis (influencer identification, profiling and scoring), and advanced techniques such as text analysis, predictive modeling and recommendations, and automated identification and classification of subject/topic, people or content.” (Gartner IT Glossary) Social Analytics (narrow) ”Social analytics measure the impact of social media on business“ (Awareness Inc. – Actionable Social Analytics; April 12) Social analytics measure the impact of social media metrics on business metrics Marco Rinne (marinn@microsoft.com)
  • 4. mapping engagement to business objectives business goal brand awareness metrics/KPI layer share of voice #brand mentions interpretation layer #brand+competitor mentions data layer #brand mentions social media Marco Rinne (marinn@microsoft.com)
  • 5. framework approach targets strategy resources metrics people technology organization listening monitoring business goals tools target audience sentiment measurement objectives Marco Rinne (marinn@microsoft.com)
  • 6. framework approach business measurement tactics tools goals • brand • awareness • twitter • platform awareness • engagemen • blog • support t cost • influence reduction Gillin, Schwartzman „social marketing to the business customer“ 2011 Marco Rinne (marinn@microsoft.com)
  • 7. framework approach people objectives strategy technology • audience • listening • tactics • platform analysis • talking • metrics • tools (social technographics • supporting profile) • … Li, Bernoff „groundswell: winning in a world transformed by social technologies“ 2011 Marco Rinne (marinn@microsoft.com)
  • 8. framework approach (combined; extended) business goals objectives strategy measurement organization technology • • identify • check translate • analyse • identify business relevant necessary target suitable goals into metrics, resources audience tools based social KPIs • is your (channels) on strategy • define organization media • identify and metrics objectives success ready for tactics (that scale) (SMART) (targets) social (EP2.0) optimize Marco Rinne (marinn@microsoft.com)
  • 9. challenges for social analytics business goal PR marketing There is no single HR ROI CSS for social media … too much data too little data social media Marco Rinne (marinn@microsoft.com)
  • 10. the data problem too much data (ex. Facebook insights; excerpt only) source: https://developers.facebook.com/docs/reference/fql/insights Marco Rinne (marinn@microsoft.com)
  • 11. the data problem too little data private social profiles theatlantic.com – referrer analysis Alexis C. Madrigal, The Atlantic - Dark Social: We Have the Whole History of the Web Wrong (Oct 12) media/community cooperations Marco Rinne (marinn@microsoft.com)
  • 12. the data problem inconsistant data and = = automation limitations Marco Rinne (marinn@microsoft.com)
  • 13. the ROI problem Division Objective KPI/metric marketing increase brand awareness SoV #sales from social sales increase device sales channels SAT-metrics; css increase customer satisfaction #support issues Marco Rinne (marinn@microsoft.com)
  • 14. social analytics – marketing perspective MS.COM E-Mail Newsletter msn.de Events, Messen OWNED MEDIA Microsoft Microsoft Partner Channels Microsoft Foren, Ecosystem Newsgroups, Blogs, Communities PAID EARNED Search Engine MEDIA MEDIA Marketing 3rd Party/ Community/ Neutrale Commercial Social Media Communities, Foren etc. Blogs, Display Microblogs Advertising Marco Rinne (marinn@microsoft.com) Social Networks
  • 15. social analytics – marketing perspective Exposure/ Action/ Engagement (Advocacy) Awareness Conversion soft metrics soft metrics soft metrics soft metrics • reach • storyteller • engaged users • external • # fans • # likes • downloads referrers • friends of fans • # comments • shop referrals • shares • impressions • # shares • video views • brand/product • referrals from • video views • … recommend. brand/product • picture views • … website • … Marco Rinne (marinn@microsoft.com)
  • 16. social analytics – marketing perspective awareness (Facebook) 30000 140000 120000 25000 100000 20000 80000 15000 60000 10000 40000 5000 20000 0 0 New Fans Lost Fans Fans (total) German FB Brands (avg.) Trend polynominal (R² = 0,96) Marco Rinne (marinn@microsoft.com)
  • 17. social analytics – marketing perspective engagement (Facebook) storytellers – fan adds (unique) · 100 page posts impressions (unique) Marco Rinne (marinn@microsoft.com)
  • 18. social analytics – marketing perspective Exposure/ Action/ Engagement (Advocacy) Awareness Conversion soft metrics soft metrics soft metrics soft metrics • reach • storyteller • engaged users • external • # fans • # likes • downloads referrers • friends of fans • # comments • shop referrals • shares • impressions • # shares • video views • brand/product • referrals from • video views • … recommend. brand/product • picture views • … website • … financial metric financial metric financial metric financial metric • cost per fan • cp engmnt • cost per action • cost per referral Marco Rinne (marinn@microsoft.com)
  • 19. social analytics – marketing perspective total invest in SoMe platform Exposure cost per fan = # new fans in campaign timeframe total invest in SoMe platform Engagement cost per engagement = # comments + # likes in c. timeframe total invest in SoMe platform Action cost per action = i.e. # downloads in campaign timeframe total invest in SoMe platform (Advocacy) cost per referral = # referrals in campaign timeframe Marco Rinne (marinn@microsoft.com)
  • 20. social analytics – marketing perspective Windows Campaigns Q1-3 FY 11/H2 FY 11/H2 FY 11/H2 FY 11/H1 financial metrics (avg.) Campaign (Digital) Bridge Holiday Holiday BTS Windows campaigns (digital) Q1-3 Media Status Budget total Budget spent Traffic Drivers Off-Net (paid) Display (Banner-Placement) Budget spent cost per ad impression Ad impressions Clicks (Initial responses) Initial responses rate (CTR%) CPC € cost per click Primary Conversions (global&local) Primary CR% CPA € cost per action SEM (Holiday ab KW 47) Budget spent Clicks CPC € cost per click (SEA) Primary Conversions (global&local) Primary CR% cost per action (SEA) CPA € Total (Display+SEM) CPC € CPA € Marco Rinne (marinn@microsoft.com)
  • 21. social analytics – marketing perspective (paid) social owned compare media media media fair cost per ad cost per cost per (message) page long term impression impression impression vs. short term cost per cost per (message) cost per visit click impression Fans participate intentionally esp. in cost per cost per action cost per click / earned action action channels Marco Rinne (marinn@microsoft.com)
  • 22. social analytics – examples and tools Marco Rinne (marinn@microsoft.com)
  • 23. social analytics – examples and tools Marco Rinne (marinn@microsoft.com)
  • 24. social analytics – examples and tools Marco Rinne (marinn@microsoft.com)
  • 25. social analytics – examples and tools Marco Rinne (marinn@microsoft.com)
  • 26. social analytics – examples and tools Oct25th- Oct27th Marco Rinne (marinn@microsoft.com)
  • 27. what„s next? – paid + owned + earned = <3 MS.COM E-Mail Newsletter msn.de Events, Messen OWNED MEDIA Microsoft Microsoft Partner Channels Microsoft Ecosystem Foren, Newsgroups, Bl gs, Communities PAID EARNED Search Engine MEDIA MEDIA Marketing 3rd Party/ Community/ Neutrale Commercial Social Media Communities, Foren etc. Blogs, Display Microblogs Advertising Marco Rinne (marinn@microsoft.com) Social Networks
  • 28. what„s next? – paid + owned + earned = <3 earned investment owned paid „integrated“ digital campaign timeframe Marco Rinne (marinn@microsoft.com)
  • 29. what„s next? – integrated („big“) data models display PAID sea listening SOCIAL social channels DATA MOBIL display apps E OWNE analytics crm D Marco Rinne (marinn@microsoft.com)
  • 30. what„s next? – more courage create value brands leverage have data purpose Marco Rinne (marinn@microsoft.com)
  • 31. thank you - Q&A Marco Rinne (marinn@microsoft.com)