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A Great DEAL of Expectations
 The Buzz around Black Friday & Cyber Monday Deals on Social Media




                                   Presented By: Jim Reynolds
                             Strategic Account Manager – SM2
                                                   @jimmyrey
Search Setup In Alterian SM2

Companies: Walmart, Kmart, Sears, JC Penney, Kohls, Macys, Best Buy,
Toys R Us and Target

Topic Focus: Black Friday & Cyber Monday

Date Range(s): 11/1/2009 – 12/3/2009 & 11/1/2010 – 11/19/2010
(We will be collecting data through December 3rd and publish an update shortly after)



Locations / Languages: All Countries & Languages
2009 Daily Volume – All Topics



                                 Analysis

                                 •   Total of 50k social
                                     media mentions

                                 •   Volume of
                                     conversation picks
                                     up dramatically
                                     Thanksgiving week
                                     and peaks on Black
                                     Friday

                                 •   Second largest spike
                                     occurs on Cyber
                                     Monday
2009 Black Friday vs. Cyber Monday




           Analysis
           •   In 2009, Black Friday definitely led the overall conversation with 87.5% of the
               chatter
2010 Daily Volume – All Topics



                                 Analysis

                                 •   Total of 37k social
                                     media mentions

                                 •   Early data
                                     conclusion is that
                                     more people are
                                     talking about both
                                     Black Friday and
                                     Cyber Monday this
                                     year than they were
                                     last year

                                 •   The spikes correlate
                                     to early previews of
                                     deals
2010 Black Friday vs. Cyber Monday




           Analysis
           • In 2010, Black Friday chatter is dominating the overall conversation. This is
              expected since promotions have not yet been released or leaked
2009 Share of Voice Total – All Topics



                                         Analysis

                                         •   Media Types Other
                                             38% (Primarily deal
                                             sharing sites and
                                             mainstream media)

                                         •   Microblogs 27%
                                             (Twitter + Clones)

                                         •   Message Boards 16%
                                             (Discussions about
                                             best deals from
                                             retailers)

                                         •   The rest amounts to
                                             less than 10%
2009 Share of Voice Trend – All Topics




            Analysis
            •   Media Types Other & Twitter traffic is identical up until Black Friday
            •   Media Types Other remain active in deal discussion while Twitter traffic simply drops off
            •   Message boards follow a pattern similar to that of Twitter
2010 Share of Voice Total – All Topics



                                         Analysis

                                         •   Microblogs 47%
                                             (Major jump from last
                                             year)

                                         •   Message Boards 18%
                                             (over 2% increase
                                             from last year)

                                         •   Media Types Other
                                             17% (More than 20%
                                             drop in mentions)

                                         •   Social Networks 10%

                                         •   All others 5% or less
2010 Share of Voice Trend – All Topics




            Analysis
            •   Microblog mentions spike based on ads or leaks of upcoming deals
            •   Social Networks appear to follow a nearly identical pattern to Microblogs
            •   Message boards seem to slowly build momentum as people are discussing deals more
                frequently with the approach of Black Friday & Cyber Monday
2009 Retailer Comparison



                           Analysis

                           •   Walmart: 29%
                           •   BestBuy: 22%
                           •   Target: 18%
                           •   Toys ‘R Us: 8%
                           •   Sears: 6%
                           •   Macy’s: 5%
                           •   Kohl’s: 4.7%
                           •   Kmart: 4%
                           •   JC Penney: 2.5%
2009 Retailer Comparison




           Analysis
           •   Overall, all retailers followed the same patterns in 2009 with pre-Black Friday spikes
               correlating to leaks of deals
           •   On Black Friday/Cyber Monday, Walmart, Best Buy and Target pulled ahead, followed by
               Toys ‘R Us
2009 Topic Analysis – Black Friday




            Analysis
            •   Majority of social media chatter was focused on deal-related terms
            •   Product group mentions focused on Blu-Ray, HDTV & Laptop
            •   Interesting sub topics around waiting, wait, door buster
2009 Topic Analysis – Cyber Monday




           Analysis
           •   Unlike Black Friday, Cyber Monday was definitely more product-focused with multiple
               brand mentions (Nintendo, Apple, Wii)
           •   Product group mentions focused on games, netbook, laptop
2010 Retailer Comparison



                           Analysis

                           •   Walmart: 32% UP
                           •   Target: 20% UP
                           •   Best Buy: 19% DOWN
                           •   Sears: 8% UP
                           •   Toys ‘R Us: 7% DOWN
                           •   Kohl’s: 4% DOWN
                           •   Kmart :3.6% DOWN
                           •   Macy’s: 4% DOWN
                           •   JC Penney: 1% DOWN
2010 Retailer Comparison




           Analysis
           •   The overall trend in 2010 is very different than the trend in 2009 so far; there is a lot
               more activity as deals start to leak
           •   As we get closer to Black Friday/Cyber Monday, we predict that the race will be between
               Walmart, Best Buy and Target
2010 Topic Analysis – Black Friday




            Analysis
            •   Majority of social media chatter is focused on Target and Walmart, with other large
                topics centered on deals
            •   Product group mentions focused on mobile phones (new for 2010), appliances (new for
                2010), games (new for 2010), Laptop and HDTV
2010 Topic Analysis – Cyber Monday




           Analysis
           •   Early Cyber Monday chatter is focused on signing up for access to sneak peeks of Cyber
               Monday deals
           •   Similar to 2009 topics, Cyber Monday is definitely more product-focused than is Black
               Friday
Summary
Overall

• People seem to love sharing and discussing deals in social media. From reviewing
  the data, we can conclude that consumers enjoy the hunt of a great price just as
  much as getting a great deal

• As highlighted by the analysis for 2010, people are using social media to identify
  the best deals and are not afraid to mention products by name. This could be a
  huge opportunity for assertive companies to market products in social media
  around the holiday season

• As data continues to update, feel free to watch along via our public dashboards
   • 2010 Retailers – Ranking mentions of all retailers hourly
   • http://bit.ly/2010retailers
   • 2009 vs. 2010 Black Friday, Cyber Monday - Ranking cumulative mentions &
      social media channels of Black Friday & Cyber Monday hourly
   • http://bit.ly/2010blackfriday
   • http://bit.ly/2010cybermonday

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A Great DEAL of Expectations: the Buzz around Black Friday & Cyber Monday Deals on Social Media

  • 1. A Great DEAL of Expectations The Buzz around Black Friday & Cyber Monday Deals on Social Media Presented By: Jim Reynolds Strategic Account Manager – SM2 @jimmyrey
  • 2. Search Setup In Alterian SM2 Companies: Walmart, Kmart, Sears, JC Penney, Kohls, Macys, Best Buy, Toys R Us and Target Topic Focus: Black Friday & Cyber Monday Date Range(s): 11/1/2009 – 12/3/2009 & 11/1/2010 – 11/19/2010 (We will be collecting data through December 3rd and publish an update shortly after) Locations / Languages: All Countries & Languages
  • 3. 2009 Daily Volume – All Topics Analysis • Total of 50k social media mentions • Volume of conversation picks up dramatically Thanksgiving week and peaks on Black Friday • Second largest spike occurs on Cyber Monday
  • 4. 2009 Black Friday vs. Cyber Monday Analysis • In 2009, Black Friday definitely led the overall conversation with 87.5% of the chatter
  • 5. 2010 Daily Volume – All Topics Analysis • Total of 37k social media mentions • Early data conclusion is that more people are talking about both Black Friday and Cyber Monday this year than they were last year • The spikes correlate to early previews of deals
  • 6. 2010 Black Friday vs. Cyber Monday Analysis • In 2010, Black Friday chatter is dominating the overall conversation. This is expected since promotions have not yet been released or leaked
  • 7. 2009 Share of Voice Total – All Topics Analysis • Media Types Other 38% (Primarily deal sharing sites and mainstream media) • Microblogs 27% (Twitter + Clones) • Message Boards 16% (Discussions about best deals from retailers) • The rest amounts to less than 10%
  • 8. 2009 Share of Voice Trend – All Topics Analysis • Media Types Other & Twitter traffic is identical up until Black Friday • Media Types Other remain active in deal discussion while Twitter traffic simply drops off • Message boards follow a pattern similar to that of Twitter
  • 9. 2010 Share of Voice Total – All Topics Analysis • Microblogs 47% (Major jump from last year) • Message Boards 18% (over 2% increase from last year) • Media Types Other 17% (More than 20% drop in mentions) • Social Networks 10% • All others 5% or less
  • 10. 2010 Share of Voice Trend – All Topics Analysis • Microblog mentions spike based on ads or leaks of upcoming deals • Social Networks appear to follow a nearly identical pattern to Microblogs • Message boards seem to slowly build momentum as people are discussing deals more frequently with the approach of Black Friday & Cyber Monday
  • 11. 2009 Retailer Comparison Analysis • Walmart: 29% • BestBuy: 22% • Target: 18% • Toys ‘R Us: 8% • Sears: 6% • Macy’s: 5% • Kohl’s: 4.7% • Kmart: 4% • JC Penney: 2.5%
  • 12. 2009 Retailer Comparison Analysis • Overall, all retailers followed the same patterns in 2009 with pre-Black Friday spikes correlating to leaks of deals • On Black Friday/Cyber Monday, Walmart, Best Buy and Target pulled ahead, followed by Toys ‘R Us
  • 13. 2009 Topic Analysis – Black Friday Analysis • Majority of social media chatter was focused on deal-related terms • Product group mentions focused on Blu-Ray, HDTV & Laptop • Interesting sub topics around waiting, wait, door buster
  • 14. 2009 Topic Analysis – Cyber Monday Analysis • Unlike Black Friday, Cyber Monday was definitely more product-focused with multiple brand mentions (Nintendo, Apple, Wii) • Product group mentions focused on games, netbook, laptop
  • 15. 2010 Retailer Comparison Analysis • Walmart: 32% UP • Target: 20% UP • Best Buy: 19% DOWN • Sears: 8% UP • Toys ‘R Us: 7% DOWN • Kohl’s: 4% DOWN • Kmart :3.6% DOWN • Macy’s: 4% DOWN • JC Penney: 1% DOWN
  • 16. 2010 Retailer Comparison Analysis • The overall trend in 2010 is very different than the trend in 2009 so far; there is a lot more activity as deals start to leak • As we get closer to Black Friday/Cyber Monday, we predict that the race will be between Walmart, Best Buy and Target
  • 17. 2010 Topic Analysis – Black Friday Analysis • Majority of social media chatter is focused on Target and Walmart, with other large topics centered on deals • Product group mentions focused on mobile phones (new for 2010), appliances (new for 2010), games (new for 2010), Laptop and HDTV
  • 18. 2010 Topic Analysis – Cyber Monday Analysis • Early Cyber Monday chatter is focused on signing up for access to sneak peeks of Cyber Monday deals • Similar to 2009 topics, Cyber Monday is definitely more product-focused than is Black Friday
  • 19. Summary Overall • People seem to love sharing and discussing deals in social media. From reviewing the data, we can conclude that consumers enjoy the hunt of a great price just as much as getting a great deal • As highlighted by the analysis for 2010, people are using social media to identify the best deals and are not afraid to mention products by name. This could be a huge opportunity for assertive companies to market products in social media around the holiday season • As data continues to update, feel free to watch along via our public dashboards • 2010 Retailers – Ranking mentions of all retailers hourly • http://bit.ly/2010retailers • 2009 vs. 2010 Black Friday, Cyber Monday - Ranking cumulative mentions & social media channels of Black Friday & Cyber Monday hourly • http://bit.ly/2010blackfriday • http://bit.ly/2010cybermonday