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         Social Media and Retail Industry




                                      Enable your organization to
                                  effectively implement social media
                                     concepts in to core business.
                                               functions.




Simplify360
Social Media Management                                    Copyrights 2012 Simplify360
Application for Social Business                                  www.simplify360.com
2




                                Retail Industry




                                   Confidential
“This document is solely for informational purposes. The contents of this
document are strictly confidential and contain proprietary information. The
recipients agree that they will use the information only for their own use and
will not divulge any such information to any other party without In-Rev or
any of our affiliates' prior written consent.”



All rights, including IP and copyrights in the creative concepts, ideas, plans,
drawings, logos, designs, or other intellectual property in this document are
with In-Rev. No part of the same may be reproduced (including through any
modification / adaptation thereof), in any form or by any means whatsoever
under penalty of law.




      Simplify360
      Social Media Management                                       Copyrights 2012 Simplify360
      Application for Social Business                                     www.simplify360.com
3




Abstract
Retail Industry is one of the most active industries on Social Media. Retail
Brands like Walmart and Target are among the top 20 brands on Facebook
with the highest number of Facebook fans.

Recent Comscore research shows that 54% of the referral traffic to retail
websites comes from Facebook, 30% from Pinterest and 8% from Tumblr.

Among the many use cases of social media, marketing is the top priority for
Retail Brands. Amplification of their marketing message makes the huge
chunk of their overall social media strategy. Besides marketing, customer
support is another key activity on social media.

In this report, we will explore the conversation trends around the best US
Retail brands as listed by Interbrand. Interbrand is one of the largest
branding consultancies. The brands are ranked based on the BrandValue1
which is calculated using Financial Performance and Role of a Brand Index.




The keyword combinations used for the research: (Region Target: United States)

         “Walmart”, “Target”, “The Home Depot”, “CVS.Pharmacy”, “Best Buy”

Note: The report is based on the social media conversations. The brands chosen for the
research were not commissioned by any organization. The research was carried out with
the sole intention of showcasing Simplify360 and the power of social media research.
1. Brand Value Details: This means that our method takes into account all the many ways in which a brand touches and benefits its
organization -- from attracting and retaining talent to delivering on customer expectations. The final value can then be used to guide
brand management, so businesses can make better, more informed decisions. http://www.interbrand.com/en/best-global-
brands/best-global-brands-methodology/Overview.aspx



           Simplify360
           Social Media Management                                                                                 Copyrights 2012 Simplify360
           Application for Social Business                                                                               www.simplify360.com
4




The Top 5 BEST US Retail Brands chosen for the Research

The top 5 US Retail Brands 2012 below are ranked accordingly to their Brand Value.

                                                                            Walmart is the most valued Retail
Walmart                                  139,190 $m                         Brand in the United States,
Target                                   23,444 $m                          followed by Target according to
The Home Depot                           22,020 $m                          Brand Value scoring.
CVS/Pharmacy                             17,343 $m
Best Buy                                 16,755 $m                          We can clearly see that Walmart
*Source: Interbrand                                                         leads with a high margin.



Which Brands are most talked about on Social Media?

By taking only a sample data set of around 4K, Target (53%) and Best Buy (24%) are the
most talked Brands in United States. Most of these conversations are happening on
Twitter and on Facebook. Twitter captures almost 85 % of the conversations.

                           5%
                                                                                              15%
            24%
                                                      Walmart
                                                      Target                                                            Twitter
  0%                                                  The Home Depot
                                                                                                                        Others
                                                      CVS Pharmacy
          18%                       53%               Best Buy
                                                                                                         85%




                                                        66%                 Distribution of conversations based on
                                                                                      different platforms.




             10%                                                             14%
                                                                                                   6%           2%
                                   1%

            Blogs                Other             Facebook                 Flickr                News         Video

*Note: In the social media conversation data only Public Facebook conversations are considered.


           Simplify360
           Social Media Management                                                                         Copyrights 2012 Simplify360
           Application for Social Business                                                                       www.simplify360.com
5




         Which regions are most actively talking?
                                               Minnesota
                                               3%          Michigan
                                                           3%             New York
                                                                          5%


                                                                                            Pennsylvania
                                                                                            3%

California                                                                                  North Carolina
18%                                                                                         3%

                                                                                      Georgia
                                                                                      3%

                                                                                     Florida
                                                                                     5%
                                                    Texas
                                                                     Alabama
                                                    8%               3%


                                                    The above MAP distribution shows that most
                                                    of the conversations are coming from
                                                    CALIFORNIA around 18%
                     Other                          Then we have Texas with 8%, and NewYork and
                     46%                            Florida with 5%.

                                                    Based on this small sample size data, region
                                                    wise distribution can only show us the online
                                                    activity of consumers and not their
                                                    preferences in details. More data could give us
                                                    clarity on the Brand preferences and
                                                    sentiment distribution as well.

             Simplify360
             Social Media Management                                           Copyrights 2012 Simplify360
             Application for Social Business                                         www.simplify360.com
6




 How are people talking about Retail Brands?

                                             Unlike in other Industries where the number of
                Link        No               messages with Links is higher than number of
                           Link              messages without Links, in Retail Industry we
                                             see the opposite.
  No RT         34%        44%
   RT            9%        13%
                                             Around 44% of the conversations are mentions
           Types of Tweets                   of the Brand without any RT or Links. This
                                             shows that the mentions are more related to
                                             brand experiences than simple
Negative           16%                       news/information.

Positive                          44%
                                             In terms of sentiments of the conversations,
                                             44% are positive and only 16% are negative. The
 Neutral                        40%
                                             trends in sentiments are very similar to other
                                             Industry Sentiment distribution.
       Sentiment Distribution




 Example of Conversations
  ---------------------------------------------------------------------------------------------
  @aj_toledo I gotta take it to Best Buy hopefully they can recover my shit
  ---------------------------------------------------------------------------------------------
  @apexonline did u tell him no offense, but ur only a register dude at home depot not even a real
  handy man???
  ---------------------------------------------------------------------------------------------
  Oh my gulay. I need to go to target since they sell @onedirection school supplies.
  ---------------------------------------------------------------------------------------------
  Poop in the target hallway? #Hahaha
  ---------------------------------------------------------------------------------------------
  Why is it every time I go to Target I spend way more than I was supposed to.Went in for one
  thing came out with a cart load.
  ---------------------------------------------------------------------------------------------
  @saraherod237 best buy and if you want one I'd get it from like radio shack it's cheaper 50$ for
  the 4 and 100$ for the 4s
  ---------------------------------------------------------------------------------------------



           Simplify360
           Social Media Management                                                  Copyrights 2012 Simplify360
           Application for Social Business                                                www.simplify360.com
7




             What are the most talked about Topics in Retail Industry?




                                                                                                         EVENT             25%
    EVENT                25%           EVENT              17%                 EVENT   3%

                                                                                                        SERVICE   2%
   SERVICE   1%                       SERVICE   1%
                                                                            SERVICE   2%
                                                                                                     EXPERIENC
EXPERIENCE          20%                                                  EXPERIENCE    12%               E             14%
                                   EXPERIENCE              21%
                                                                                                      PRODUCTS
 PRODUCTS                   36%     PRODUCTS                     35%
                                                                           PRODUCTS          57%
                                                                                                                            36%
  LOCATION        12%                                                      LOCATION    10%            LOCATION             22%
                                     LOCATION              21%

      COST    6%                                                               COST    16%                COST    1%
                                         COST        6%



                                                                 Note:
                        CVS has a very negligible                EVENT: Any campaigns or events around the Brand.
                        amount of conversations                  SERVICE: Conversations related to services of the Retailer.
                        for any relevant analysis                EXPERIENCE: About experiences of customers.
                        to be carried out.                       PRODUCTS: Around products offered by the Retailer.
                                                                 LOCATION: Conversations related to Check-ins.
                                                                 COST: Conversations around the prices of the Products.
                        Simplify360
                        Social Media Management                                                     Copyrights 2012 Simplify360
                        Application for Social Business                                                   www.simplify360.com
8




     Summary of the conversation analysis around Retail Brands:

              The comparison charts above shows that most conversation around Retail Brands
               revolve around the PRODUCTs.
              BEST BUY has the highest conversations of 57% around PRODUCTs followed by 16%
               conversation around COST.
              On the other hand, TARGET and WALMART have more conversations around Retail
               Experience than BEST BUY.
              Among all brands, TARGET and HOME DEPOT have the highest conversations
               around LOCATION, which means people like updating their location details when
               they are in TARGET or HOME DEPOT than in any other Retail outlets.


     What else are people talking about Retail?

                                                  One more Thing:
                     JOBS
                                                  Beside all the other kind of conversations, the analysis also
                                                  show many conversations related to JOBS and
The Best Buy                         22%          EMPLOYMENT.


Home Depot
                                                  Out of this, more than 90% conversations were around ‘jobs’
                                           28%
                                                  and remaining were around people updating about the
                                                  employees working at the Retail Store.
      Target                        20%           ---------------------------------------------------------------
                                                  Eg: this girl working at home depot has a 69 tattoo....
    WalMart                          22%          lolwhy.
                                                  ---------------------------------------------------------------



   In addition to general updates, there were around 5-6%
   conversations related to PARKING spots at Retailers.                      PARKING
   This shows the relevance of parking in overall Retail
   Experience.                                                    20%           5%
                                                                                               WalMart
   Target has the highest conversations of 58% related to
                                                                                               Target
   PARKING, followed by The Best Buy which has around
   20%, whereas Home Depot has only 17%.                                                       Home Depot
                                                                                               The Best Buy
   Eg: Sitting in the parking lot slappin pandora and
   everyone coming out of home depot just staring.
                                                               17%               58%
   #Akward




               Simplify360
               Social Media Management                                                      Copyrights 2012 Simplify360
               Application for Social Business                                                    www.simplify360.com
9




Are people loyal to Retail Brands?
Looking at the conversations between TARGET, THE HOME DEPOT and THE BEST BUY, we
see that there are very few overlapping people talking about these BRANDs.

Out of a sample of 3187 conversations between TARGET, THE HOME DEPOT and THE BEST
BUY, we found the following:




                                          1%
                                                 22.5%         0.1% common people

        61.1%                                    0.3%
                                                               talking about all three
                                                               brands.
                                         0.2%

                                                14.8%




      The above diagram shows that only 0.1% people are talking about all the brands at
       one point of time. This is a very low number indicating that people are generally
       exclusive about their Retail preferences.
      In addition to this, BEST BUY and TARGET are the most associated Retail Brands
       compared to others.
      Home Depot and Target only have 0.2% common people talking about them, and
       Home Depot and Best Buy have around 0.3%.




       Simplify360
       Social Media Management                                            Copyrights 2012 Simplify360
       Application for Social Business                                          www.simplify360.com
10




Simplify360
Social Media Management           Copyrights 2012 Simplify360
Application for Social Business         www.simplify360.com

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Share of voice of Target is more than 50% among top US Retail Brands

  • 1. 1 Social Media and Retail Industry Enable your organization to effectively implement social media concepts in to core business. functions. Simplify360 Social Media Management Copyrights 2012 Simplify360 Application for Social Business www.simplify360.com
  • 2. 2 Retail Industry Confidential “This document is solely for informational purposes. The contents of this document are strictly confidential and contain proprietary information. The recipients agree that they will use the information only for their own use and will not divulge any such information to any other party without In-Rev or any of our affiliates' prior written consent.” All rights, including IP and copyrights in the creative concepts, ideas, plans, drawings, logos, designs, or other intellectual property in this document are with In-Rev. No part of the same may be reproduced (including through any modification / adaptation thereof), in any form or by any means whatsoever under penalty of law. Simplify360 Social Media Management Copyrights 2012 Simplify360 Application for Social Business www.simplify360.com
  • 3. 3 Abstract Retail Industry is one of the most active industries on Social Media. Retail Brands like Walmart and Target are among the top 20 brands on Facebook with the highest number of Facebook fans. Recent Comscore research shows that 54% of the referral traffic to retail websites comes from Facebook, 30% from Pinterest and 8% from Tumblr. Among the many use cases of social media, marketing is the top priority for Retail Brands. Amplification of their marketing message makes the huge chunk of their overall social media strategy. Besides marketing, customer support is another key activity on social media. In this report, we will explore the conversation trends around the best US Retail brands as listed by Interbrand. Interbrand is one of the largest branding consultancies. The brands are ranked based on the BrandValue1 which is calculated using Financial Performance and Role of a Brand Index. The keyword combinations used for the research: (Region Target: United States)  “Walmart”, “Target”, “The Home Depot”, “CVS.Pharmacy”, “Best Buy” Note: The report is based on the social media conversations. The brands chosen for the research were not commissioned by any organization. The research was carried out with the sole intention of showcasing Simplify360 and the power of social media research. 1. Brand Value Details: This means that our method takes into account all the many ways in which a brand touches and benefits its organization -- from attracting and retaining talent to delivering on customer expectations. The final value can then be used to guide brand management, so businesses can make better, more informed decisions. http://www.interbrand.com/en/best-global- brands/best-global-brands-methodology/Overview.aspx Simplify360 Social Media Management Copyrights 2012 Simplify360 Application for Social Business www.simplify360.com
  • 4. 4 The Top 5 BEST US Retail Brands chosen for the Research The top 5 US Retail Brands 2012 below are ranked accordingly to their Brand Value. Walmart is the most valued Retail Walmart 139,190 $m Brand in the United States, Target 23,444 $m followed by Target according to The Home Depot 22,020 $m Brand Value scoring. CVS/Pharmacy 17,343 $m Best Buy 16,755 $m We can clearly see that Walmart *Source: Interbrand leads with a high margin. Which Brands are most talked about on Social Media? By taking only a sample data set of around 4K, Target (53%) and Best Buy (24%) are the most talked Brands in United States. Most of these conversations are happening on Twitter and on Facebook. Twitter captures almost 85 % of the conversations. 5% 15% 24% Walmart Target Twitter 0% The Home Depot Others CVS Pharmacy 18% 53% Best Buy 85% 66% Distribution of conversations based on different platforms. 10% 14% 6% 2% 1% Blogs Other Facebook Flickr News Video *Note: In the social media conversation data only Public Facebook conversations are considered. Simplify360 Social Media Management Copyrights 2012 Simplify360 Application for Social Business www.simplify360.com
  • 5. 5 Which regions are most actively talking? Minnesota 3% Michigan 3% New York 5% Pennsylvania 3% California North Carolina 18% 3% Georgia 3% Florida 5% Texas Alabama 8% 3% The above MAP distribution shows that most of the conversations are coming from CALIFORNIA around 18% Other Then we have Texas with 8%, and NewYork and 46% Florida with 5%. Based on this small sample size data, region wise distribution can only show us the online activity of consumers and not their preferences in details. More data could give us clarity on the Brand preferences and sentiment distribution as well. Simplify360 Social Media Management Copyrights 2012 Simplify360 Application for Social Business www.simplify360.com
  • 6. 6 How are people talking about Retail Brands? Unlike in other Industries where the number of Link No messages with Links is higher than number of Link messages without Links, in Retail Industry we see the opposite. No RT 34% 44% RT 9% 13% Around 44% of the conversations are mentions Types of Tweets of the Brand without any RT or Links. This shows that the mentions are more related to brand experiences than simple Negative 16% news/information. Positive 44% In terms of sentiments of the conversations, 44% are positive and only 16% are negative. The Neutral 40% trends in sentiments are very similar to other Industry Sentiment distribution. Sentiment Distribution Example of Conversations --------------------------------------------------------------------------------------------- @aj_toledo I gotta take it to Best Buy hopefully they can recover my shit --------------------------------------------------------------------------------------------- @apexonline did u tell him no offense, but ur only a register dude at home depot not even a real handy man??? --------------------------------------------------------------------------------------------- Oh my gulay. I need to go to target since they sell @onedirection school supplies. --------------------------------------------------------------------------------------------- Poop in the target hallway? #Hahaha --------------------------------------------------------------------------------------------- Why is it every time I go to Target I spend way more than I was supposed to.Went in for one thing came out with a cart load. --------------------------------------------------------------------------------------------- @saraherod237 best buy and if you want one I'd get it from like radio shack it's cheaper 50$ for the 4 and 100$ for the 4s --------------------------------------------------------------------------------------------- Simplify360 Social Media Management Copyrights 2012 Simplify360 Application for Social Business www.simplify360.com
  • 7. 7 What are the most talked about Topics in Retail Industry? EVENT 25% EVENT 25% EVENT 17% EVENT 3% SERVICE 2% SERVICE 1% SERVICE 1% SERVICE 2% EXPERIENC EXPERIENCE 20% EXPERIENCE 12% E 14% EXPERIENCE 21% PRODUCTS PRODUCTS 36% PRODUCTS 35% PRODUCTS 57% 36% LOCATION 12% LOCATION 10% LOCATION 22% LOCATION 21% COST 6% COST 16% COST 1% COST 6% Note: CVS has a very negligible EVENT: Any campaigns or events around the Brand. amount of conversations SERVICE: Conversations related to services of the Retailer. for any relevant analysis EXPERIENCE: About experiences of customers. to be carried out. PRODUCTS: Around products offered by the Retailer. LOCATION: Conversations related to Check-ins. COST: Conversations around the prices of the Products. Simplify360 Social Media Management Copyrights 2012 Simplify360 Application for Social Business www.simplify360.com
  • 8. 8 Summary of the conversation analysis around Retail Brands:  The comparison charts above shows that most conversation around Retail Brands revolve around the PRODUCTs.  BEST BUY has the highest conversations of 57% around PRODUCTs followed by 16% conversation around COST.  On the other hand, TARGET and WALMART have more conversations around Retail Experience than BEST BUY.  Among all brands, TARGET and HOME DEPOT have the highest conversations around LOCATION, which means people like updating their location details when they are in TARGET or HOME DEPOT than in any other Retail outlets. What else are people talking about Retail? One more Thing: JOBS Beside all the other kind of conversations, the analysis also show many conversations related to JOBS and The Best Buy 22% EMPLOYMENT. Home Depot Out of this, more than 90% conversations were around ‘jobs’ 28% and remaining were around people updating about the employees working at the Retail Store. Target 20% --------------------------------------------------------------- Eg: this girl working at home depot has a 69 tattoo.... WalMart 22% lolwhy. --------------------------------------------------------------- In addition to general updates, there were around 5-6% conversations related to PARKING spots at Retailers. PARKING This shows the relevance of parking in overall Retail Experience. 20% 5% WalMart Target has the highest conversations of 58% related to Target PARKING, followed by The Best Buy which has around 20%, whereas Home Depot has only 17%. Home Depot The Best Buy Eg: Sitting in the parking lot slappin pandora and everyone coming out of home depot just staring. 17% 58% #Akward Simplify360 Social Media Management Copyrights 2012 Simplify360 Application for Social Business www.simplify360.com
  • 9. 9 Are people loyal to Retail Brands? Looking at the conversations between TARGET, THE HOME DEPOT and THE BEST BUY, we see that there are very few overlapping people talking about these BRANDs. Out of a sample of 3187 conversations between TARGET, THE HOME DEPOT and THE BEST BUY, we found the following: 1% 22.5% 0.1% common people 61.1% 0.3% talking about all three brands. 0.2% 14.8%  The above diagram shows that only 0.1% people are talking about all the brands at one point of time. This is a very low number indicating that people are generally exclusive about their Retail preferences.  In addition to this, BEST BUY and TARGET are the most associated Retail Brands compared to others.  Home Depot and Target only have 0.2% common people talking about them, and Home Depot and Best Buy have around 0.3%. Simplify360 Social Media Management Copyrights 2012 Simplify360 Application for Social Business www.simplify360.com
  • 10. 10 Simplify360 Social Media Management Copyrights 2012 Simplify360 Application for Social Business www.simplify360.com