Brands and agencies often use typical social monitoring/listening tools to analyze social media. While this type of analysis is important, it doesn’t provide brands with a competitive understanding of how well their engagement, content and interactions with customers stack up against other top brands. As marketers become publishers, they need to move beyond social listening tools and start using competitive industry ranking reports that provide insight into their rivals’ engagement performance. This talk focuses on how to stop drowning in B.I.G. data, make the best use of the thousands to millions of dollars spent on engaging audiences in social media and get a social media ROI.
http://mnama.org/conference_2013/keynotes#KN1
Brands Are Drowning in B.I.G. Data: How to Reach for the Life Ring and Get a Social Media ROI
1. Dr. Natalie L. Petouhoff
@drnatalie
TAMING B.I.G. DATA TO:
X
• Reduce Your Content Costs
• Increase your Brand’s Engagement
• Drive More Customers Through Marketing Funnel
7. Which means you have to figure out
how to make your brand
A Digital EXPERIENCE
8. TAKE FOR INSTANCE THE “ENGAGEMENT” ON
GEORGE TAKEI’S FACEBOOK PAGE
>3M Talking About This
@drnatalie
9. LET’S LOOK
AT ONE OF THE
PHOTOS HE
SHARED…
179,224 Likes
313,953 Shares
10. Here’s a Video Map of Engagement:
How 1 Piece of Content Gets Shared
*Source: Stamen https://vimeo.com/50730773
• Starts from George
• People share it
• Shares spawn new
shares
http://www.facebookstories.com/stories/2200/data-visualization-photo-sharing-explosions
The two colors are gender
July to September 2012
11. ENGAGEMENT
IS ESSENTIALLY PEOPLE SHARING CONTENT
All that sharing is
what’s causing the
BIG DATA
Explosion!!!
@drnatalie
Where content is: status updates, links, photos, videos, etc…
12. SO WITH 3.5B PIECES
OF CONTENT SHARED / WEEK
How can marketers make
sense of all this B.I.G. DATA?
13.
14. Many people have turned to keyword-based
social media monitoring and listening
to know what their customers are saying
And that’s necessary
and good to do but….
15. MARKETERS NEED TO
KNOW WHAT DRIVES ENGAGEMENT
Engagement determines business
success by increasing:
• Positive sentiment
• Share of voice
• Awareness, interest, consideration,
intent
• Lead conversions rates sales
• Loyalty, advocacy referrals…
16. The first two phases were driven by the:
1. Innovators
2. Early Adopters
WHAT’S SHIFTING THE NEED FOR
SOCIAL MEDIA ROI?
We’re in the “third wave” of social media.
16
They don’t need a
business case to adopt
something NEW
17. 5
• They are driving the questions about social media ROI
• They want proof before they’ll get on board for larger
social media budgets
17
But the early majority are pragmatists…
19. To measure compare engagement
requires something new…
Based on customer’s collective:
• Actions
• Interests
• Needs
• Wants
• Dreams
• Behaviors….
That’s where interest graph data comes into play
That’s how you gain am emotional connect
20. • Most brands didn’t realize they were going to
become content creators and publishers
• They don’t have the budget to create enough
great content to be effective at engaging their
customers
• And the cost to promote content – can be
prohibitive
The challenges and the truth is…
21. Step
1:
Gather
Insights
Step
4:
Create
Engaging
Content
Step
3:
Find
Your
Audience
Step
5:
Design
S:cky
Engagement
Step
6:
Stop
the
Poli:cs;
Gain
Org
Alignment
Step
2:
Create
a
Measurement
Program
NEED A STRATEGY FOR
RETURN ON INVESTMENT
21
7
Steps
To
Fast
Track
Success
Step
7:
Iterate
and
Pivot
Based
on
the
UCLA
Course
22. SOCIAL MEDIA BRAND ASSESSMENTS
• An objective assessment
• Recommendations
• Short long term strategic
• Short long term tactical plan
We help you determine where you are compared
to best practices your competitors…
Social
Media
Brand
Report
You get…
Top
Brand
24. 24
Top companies are wondering how to take their
social media initiatives to the next level…
• Do more of the right things
• Put structure around what is unstructured
• Benchmark “As Is”
• Create a strategy and plan
• Track the progress
• Gather the right metrics
• Create and sustain world-class social media brand
25. Social
Media
Assessments
place
you
and
your
brand
in
a
leadership
posi:on…
5
• Clear
answers
and
strong
guidance
• A
dis:nc:ve
voice
• A
compe::ve
advantage
27. LET’S HAVE A
LOOK AT THE
INTEREST
GRAPH DATA
TOP 15
COSMETIC
BRANDS
WHO DO YOU
THINK RANKS
HIGHEST IN
ENGAGEMENT?
28. 1. Knowing what format of content to create
2. Knowing where their engagement stacks up compared to
their competitors
3. Knowing what channel to post on
4. Knowing when to promote the content so it’s seen
5. Knowing what type of fans to engage with
6. Creating a lot of that great content
7. Saving money on content creation by curating highly
trending content
8. Creating an editorial calendar for posting/ reposting content
9. Making smart choices on ad buys marketing partnerships
To Increase Engagement
Winning Brands Master…
29. Photos
Video
TYPE OF CONTENT MOST SHARED IN
COSMETIC INDUSTRY: PHOTOS
OfferWhat type of content is your brand creating the most of?
Is that the best choice?
30. 1. Knowing what format of content to create
2. Knowing where their engagement stacks up compared to
their competitors
3. Knowing what channel to post on
4. Knowing when to promote the content so it’s seen
5. Knowing what type of fans to engage with
6. Creating a lot of that great content
7. Saving money on content creation by curating highly
trending content
8. Creating an editorial calendar for posting/ reposting content
9. Making smart choices on ad buys marketing partnerships
To Increase Engagement
Winning Brands Master…
33. 1. Knowing what format of content to create
2. Knowing where their engagement stacks up compared to
their competitors
3. Knowing what channel to post on
4. Knowing when to promote the content so it’s seen
5. Knowing what type of fans to engage with
6. Creating a lot of that great content
7. Saving money on content creation by curating highly
trending content
8. Creating an editorial calendar for posting/ reposting content
9. Making smart choices on ad buys marketing partnerships
To Increase Engagement
Winning Brands Master…
36. 1. Knowing what format of content to create
2. Knowing where their engagement stacks up compared to
their competitors
3. Knowing what channel to post on
4. Knowing when to promote the content so it’s seen
5. Knowing what type of fans to engage with
6. Creating a lot of that great content
7. Saving money on content creation by curating highly
trending content
8. Creating an editorial calendar for posting/ reposting content
9. Making smart choices on ad buys marketing partnerships
To Increase Engagement
Winning Brands Master…
37. WHEN’S RIGHT TIME TO SHARE CONTENT?
PHOTOS ON WEDNESDAYS
For the highest engagement
38. 1. Knowing what format of content to create
2. Knowing where their engagement stacks up compared to
their competitors
3. Knowing what channel to post on
4. Knowing when to promote the content so it’s seen
5. Knowing what type of fans to engage with
6. Creating a lot of that great content
7. Saving money on content creation by curating highly
trending content
8. Creating an editorial calendar for posting/ reposting content
9. Making smart choices on ad buys marketing partnerships
To Increase Engagement
Winning Brands Master…
39. LIST OF COVERGIRL TWITTER INFLUENCERS
Olay
COVERGIRL CAN
• Know who their top influencers are
• Engage with those influencers
40. Photos
Video
FANS OF AFFINITY BRANDS INCREASE
THE LIST OF THE BEST FANS
Offer
How do you find
who to follow interact
with
to drive the best engagement?
41. 1. Knowing what format of content to create
2. Knowing where their engagement stacks up compared to
their competitors
3. Knowing what channel to post on
4. Knowing when to promote the content so it’s seen
5. Knowing what type of fans to engage with
6. Creating a lot of that great content
7. Saving money on content creation by curating highly
trending content’
8. Creating an editorial calendar for posting/ reposting content
9. Making smart choices on ad buys marketing partnerships
To Increase Engagement
Winning Brands Master…
42. Olay
You are taken directly to the
brand’s trending content
Elf could:
• Evaluate the brand’s content,
interactions, likes, comments
• Use this information to help inform
the content strategy and tactics
Let’s say you are Elf Cosmetics…
You could become the Margaret Mead
And dig in and study OPC –
Other People’s Content
HIT PUBLISH
43. Olay
Study Affinity Brand
Top Trending Content
• Burberry
• Walmart
Top Trending Content
of Brands shared by
COVERGIRL FANS
COVERGIRL can use this info for:
• Study what their fans engage with
44. 1. Knowing what format of content to create
2. Knowing where their engagement stacks up compared to
their competitors
3. Knowing what channel to post on
4. Knowing when to promote the content so it’s seen
5. Knowing what type of fans to engage with
6. Creating a lot of that great content
7. Saving money on content creation by curating highly
trending content
8. Creating an editorial calendar for posting/ reposting content
9. Making smart choices on ad buys marketing partnerships
To Increase Engagement
Winning Brands Master…
45. Olay
• Find the top trending content
• Add it to your content to your content
management system- BuddyMedia…
• Reduce your content creation budget
46. 1. Knowing what format of content to create
2. Knowing where their engagement stacks up compared to
their competitors
3. Knowing what channel to post on
4. Knowing when to promote the content so it’s seen
5. Knowing what type of fans to engage with
6. Creating a lot of that great content
7. Saving money on content creation by curating highly
trending content
8. Creating an editorial calendar for posting/ reposting content
9. Making smart choices on ad buys marketing partnerships
To Increase Engagement
Winning Brands Master…
47. CREATE A STRATEGIC
CONTENT CALENDAR
Type Mon Tues Wed Thurs Fri Sat Sun
Status
optional 10 optional optional 20 15
trending
posts
optional 25 optional optional 40 30
Link
optional optional optional 12 optional
trending
posts
trending
posts
optional optional optional 20 optional
Photo
7 14 repost 14
trending
posts
15 20 repost 20
Video
8 repost repost trending 6
8 repost repost trending 6
Optimized Posting Schedule For Best Engagement
You now know the best
content type, days
times to post…
Results in
30%
engagement
48. 1. Knowing what format of content to create
2. Knowing where their engagement stacks up compared to
their competitors
3. Knowing what channel to post on
4. Knowing when to promote the content so it’s seen
5. Knowing what type of fans to engage with
6. Creating a lot of that great content
7. Saving money on content creation by curating highly
trending content
8. Creating an editorial calendar for posting/ reposting content
9. Making smart choices on ad buys marketing partnerships
To Increase Engagement
Winning Brands Master…
49. Olay
Affinity Brand
Strategy Planning
• Fashionista.com
• Walmart
• Marie Claire
• Styledotcom
• Burberry
• Who What Wear
• Burberry
• Nickelodeon
COVERGIRL can use this info for:
• Cross promotion
• Consideration for ad placement
Brands shared by
COVERGIRL FANS
50. TODAY WE COVERED
HOW TO MAKE THE BEST DECISIONS
ABOUT INCREASING ENGAGEMENT
THE EFFECTIVENESS OF YOUR
SOCIAL MEDIA MARKETING SPEND
Your homework is to master:
1. Knowing what format of content to create
2. Knowing where their engagement stacks up compared to their competitors
3. Knowing what channel to post on
4. Knowing when to promote the content so it’s seen
5. Knowing what type of fans to engage with
6. Creating a lot of that great content
7. Saving money on content creation by curating highly trending content
8. Creating an editorial calendar for posting/ reposting content
9. Making smart choices on ad buys marketing partnerships
51. SIMPLE WAY TO USE BIG DATA…
TO COMPARE YOUR ENGAGEMENT
TO YOUR COMPETITORS…
AND
MAKE BETTER SOCIAL MEDIA
MARKETING DECISIONS…
AND GET ROIX
52. Go here to get your brand’s report: http://smo.infinigraph.com