SlideShare ist ein Scribd-Unternehmen logo
1 von 18
The Cutting Edge of:
Customer Intelligence
    Presented by David Snyder
    President
    Snyder, INC.
    dsnyder@mindread.net
Social Media Helps Customers Bridge Social & Business Metrics



                          Internal
         The                                Business
                         Business
      Social Web                             Metrics
                            Data




                                                                2
Social Media Analytics Enables and Supports the Combination of Multiple Data Sets
                                     Internal and External, Social and Non-Social


      The Social Web                Who?
                                  Influence Metrics




                                                       Keywords, Phrases, Trends
                                 across Social, Web,
                                       & News


                                                                                   Impact
                                     How?                                           Which data
                                  Sliding Sentiment
                                  Scale, Cumulative
                                                                                     affects
                                 Sentiment, Running                                 Business
                                    Average, and
                                        More…                                        metrics
                                                                                   Correlative Analysis
                                                                                    Pattern Matching
                                                                                    Semantic Context




                                                       What?
                                 How much?
                                 Volume, Influence,
                                 Pattern Recognition
                                 and Trend Analysis




                                                                                                          3
A Simple Case of Social Media Analytics

 What if You were a Major Network and…..
                ….you wanted to understand the Impact of Twitter
                     on TV Viewership of one of your TV shows?




                                                                   4
Social Media Analytics Would Respond: “276”…


                                                                                           Mentions until show starts vs.
                                                                                           Nielsen data




900
800
700
                                                                                                                 Nielsen Data
600
500                                                                                                              Blue line
400                                                                                                              represents
300                                                                                                              social media
200                                                                                                              mentions
100
   0
       1   2   3   4   5   6   7   8   9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

Social Mentions vs. Nielsen Ratings Findings -
•    When the daily total is greater than 276                          That’s the Network’s Target
             80% probability that Nielsen Rating exceeds 436k
•    When the daily total is less than 276                             Twitter Mentions for that
             70% probability that Nielsen Rating falls below 436K
                                                                       specific show

                                                                                                                            5
…….Because That’s When Twitter is Worth Money to the Network




                                                                                          Analysts found that the correlation exists
                                                                                          and determined the break-even points of
                                                                                          Nielsen Ratings and Twitter Mentions




   Avg Nielsen Ratings                              436,000 = Avg Nielsen Ratings over 30 Days from 12:30am-1:00am
   (000’s)                Avg Social Mentions
                                                    276 = Avg mentions over 30 days from 3am till 12:30am (22.5 hours)
   0-150
                      125        238.3333333
   151-300
                   235.25               249.5
                                                 Network X has an Opportunity to increase target show viewership
   301-450                                       (and increase ratings to increase ad rates and make more money).
                    398.8               153.2
   451-600
                                                 Network X can/should focus efforts on FINDING CAUSATION -
                      516        327.8888889
   601-750                                       What gets people talking about that show?
                      734                  313
   751-900
             796.3333333         588.6666667     It’s worth their investment



                                                                                                                                       6
What if………


   You were a Major Computer Manufacturer
   and you wanted to know some things about
   your Brand….

   Things like….
   • What are people saying about me?
   • How am I perceived in the Marketplace?



                                              7
Social Media Analytics would say “Your Customers Love You”….
 Weekly Sentiment Breakdown        ….The few that actually talk about you


                                         Share of Voice by Brand




  Cumulative Sentiment by Brand

                                  Higher
                                  cumulative
                                  Sentiment
                                  than Apple




                                                                    8
….Nice to Know, But How do I CHANGE That?….


Company’s current Messaging is missing the Mark by 15X……

                                 15x                                                  15x
                         Lenovo Tablet is 15x more                             Apple conversations
                         likely to be associated with                          associated with “Apps” and
                         their Laptops and                                     enhanced user features
                         Notebooks than Dell or                                than Dell or Lenovo
                         Apple



Stop talking about “productivity” and Take a Bite of the Apple…….Start talking
about what you can DO with your products…..not the products themselves
Emphasize Lifestyle, Portability, Simplicity


                Encourage                                 Announce new                   Lenovo is a
            customers to post                            Apps and Games             “Benchmark” Brand.
            pictures & stories                          with links to stores          High Quality, High
            of them with their                           for easy impulse                Sentiment,
            Lenovo Tablets on                                purchase               frequently compared
                  the go



                                                                                                            9
What if………


  You were a Major Consumer Products Brand
  and you wanted to know if your new Ad
  Campaign for a product was having an impact….

  Marketing Execs want to know….
  •   Are we increasing Brand Awareness?
  •   Which campaign words resonate with my customer?




                                                        10
…..Let’s Play…..”Spot the Ad Campaign”……




                                               Data Point #1 –
                                               Awareness of product spiked
                                               during this campaign….so far,
                                               so good.




Data Point #2 –
Positive perception of product increased
and negative perceptions decreased.
Good again.

Conclusion: We need to replicate and
build on this campaign.




                                                                               11
….Something Obviously Worked…..Specifically, what was it?
              Word Association “Theme Analysis” shows the following detail…




                                                                              12
…..What did I Learn?....



The Ad Campaign giving a free sample of our product
had the following benefits to Us:

•    More tightly linked Craisins to the Ocean Spray Brand
•    Doubled the mentions of using Craisins in Salads, with Cheese, in
     White Chocolate Oatmeal Cookies, and recipes in general
•    Increased comparisons to Raisins – with Craisins viewed favorably
•    Increased perceptions and mentions of “Sweet” and “Fresh”
•    The word “Lunch” appears for the first time – linking product to
     likely time of day for consumption


Knowing this, I can replicate this campaign – and build on its success



                                                                          13
What if….


     You were a Global 250 firm, and were
     sending your people all over the world on
     Company Business…..

     How do you help them stay safe?




                                                 14
….State Department Publications won’t help….


                                     Kidnappings are up in Kenya –
                                     your people need to stay in
                                     highly populated areas and
                                     NEVER go out alone




Strikes and Civil Unrest are up in
Malaysia – your people need to
watch local newscasts
frequently for locations and
updates, take taxis and stay
close to the hotel


                                                                     15
A few companies that have used social media analytics




                                                    16
So…..




What are YOUR “What Ifs”???



                              17
Contact:


For expert guidance in picking the right social media solutions and tools
                             David Snyder
                        dsnyder@mindread.net
              (Member, American Advertising Federation)




                                                                            18

Weitere ähnliche Inhalte

Ähnlich wie Social Media Analytics Reveals Customer Sentiment

Identify the Strategic Impact of Conversations About Your Brand
Identify the Strategic Impact of Conversations About Your BrandIdentify the Strategic Impact of Conversations About Your Brand
Identify the Strategic Impact of Conversations About Your BrandAlterian
 
Intro to Nielsen Consulting
Intro to Nielsen ConsultingIntro to Nielsen Consulting
Intro to Nielsen ConsultingJohn Price
 
Using Big Data to create a data drive organization
Using Big Data to create a data drive organizationUsing Big Data to create a data drive organization
Using Big Data to create a data drive organizationEdward Chenard
 
Big data meets big analytics
Big data meets big analyticsBig data meets big analytics
Big data meets big analyticsDeepak Ramanathan
 
COF Presentation: Leading the Networked Foundation
COF Presentation:  Leading the Networked FoundationCOF Presentation:  Leading the Networked Foundation
COF Presentation: Leading the Networked FoundationBeth Kanter
 
Day 2: Driving Results Through Thought Leadership
Day 2: Driving Results Through Thought Leadership Day 2: Driving Results Through Thought Leadership
Day 2: Driving Results Through Thought Leadership aluckey
 
Customer Insights Summit Toronto 2012
Customer Insights Summit Toronto 2012Customer Insights Summit Toronto 2012
Customer Insights Summit Toronto 2012Fabiana Pereira
 
Data imputation for unstructured dataset
Data imputation for unstructured datasetData imputation for unstructured dataset
Data imputation for unstructured datasetVibhore Agarwal
 
Social Sales Revolution - Dreamforce 2012
Social Sales Revolution - Dreamforce 2012Social Sales Revolution - Dreamforce 2012
Social Sales Revolution - Dreamforce 2012Jeremy Roberts
 
SAS Big Data Forum - Transforming Big Data into Corporate Gold
SAS Big Data Forum - Transforming Big Data into Corporate GoldSAS Big Data Forum - Transforming Big Data into Corporate Gold
SAS Big Data Forum - Transforming Big Data into Corporate GoldLouis Fernandes
 
Social Media Day 7-3-2013 Back to the nineties, when CRM wasn't social!
Social Media Day 7-3-2013 Back to the nineties, when CRM wasn't social!Social Media Day 7-3-2013 Back to the nineties, when CRM wasn't social!
Social Media Day 7-3-2013 Back to the nineties, when CRM wasn't social!Rien van den Bosch
 
Q1 2013-update-trends comScore
Q1 2013-update-trends comScoreQ1 2013-update-trends comScore
Q1 2013-update-trends comScorethumbsup
 
NTC 2012: Data Visualizaiton Panel
NTC 2012:  Data Visualizaiton PanelNTC 2012:  Data Visualizaiton Panel
NTC 2012: Data Visualizaiton PanelBeth Kanter
 
Addressing Top CEO Priorities through Social Media Marketing and Metrics
Addressing Top CEO Priorities through Social Media Marketing and MetricsAddressing Top CEO Priorities through Social Media Marketing and Metrics
Addressing Top CEO Priorities through Social Media Marketing and MetricsJacques Pavlenyi
 
Modernizing Your IT Infrastructure with Hadoop - Cloudera Summer Webinar Seri...
Modernizing Your IT Infrastructure with Hadoop - Cloudera Summer Webinar Seri...Modernizing Your IT Infrastructure with Hadoop - Cloudera Summer Webinar Seri...
Modernizing Your IT Infrastructure with Hadoop - Cloudera Summer Webinar Seri...Cloudera, Inc.
 
Business Analytics Insights
Business Analytics InsightsBusiness Analytics Insights
Business Analytics InsightsChrisHoogendoorn
 
Social Business in a World of Abundant Real-time Data
Social Business in a World of Abundant Real-time DataSocial Business in a World of Abundant Real-time Data
Social Business in a World of Abundant Real-time DataLee Bryant
 
Strategies for Increasing Online Survey Participation
Strategies for Increasing Online Survey ParticipationStrategies for Increasing Online Survey Participation
Strategies for Increasing Online Survey ParticipationDelvinia
 
MIS5101 Key Slides from Weeks 1-3
MIS5101 Key Slides from Weeks 1-3MIS5101 Key Slides from Weeks 1-3
MIS5101 Key Slides from Weeks 1-3Steven Johnson
 
Denodo Datafest 2017 London Tekin Mentes Logitech
Denodo Datafest 2017 London Tekin Mentes LogitechDenodo Datafest 2017 London Tekin Mentes Logitech
Denodo Datafest 2017 London Tekin Mentes LogitechTekin Mentes
 

Ähnlich wie Social Media Analytics Reveals Customer Sentiment (20)

Identify the Strategic Impact of Conversations About Your Brand
Identify the Strategic Impact of Conversations About Your BrandIdentify the Strategic Impact of Conversations About Your Brand
Identify the Strategic Impact of Conversations About Your Brand
 
Intro to Nielsen Consulting
Intro to Nielsen ConsultingIntro to Nielsen Consulting
Intro to Nielsen Consulting
 
Using Big Data to create a data drive organization
Using Big Data to create a data drive organizationUsing Big Data to create a data drive organization
Using Big Data to create a data drive organization
 
Big data meets big analytics
Big data meets big analyticsBig data meets big analytics
Big data meets big analytics
 
COF Presentation: Leading the Networked Foundation
COF Presentation:  Leading the Networked FoundationCOF Presentation:  Leading the Networked Foundation
COF Presentation: Leading the Networked Foundation
 
Day 2: Driving Results Through Thought Leadership
Day 2: Driving Results Through Thought Leadership Day 2: Driving Results Through Thought Leadership
Day 2: Driving Results Through Thought Leadership
 
Customer Insights Summit Toronto 2012
Customer Insights Summit Toronto 2012Customer Insights Summit Toronto 2012
Customer Insights Summit Toronto 2012
 
Data imputation for unstructured dataset
Data imputation for unstructured datasetData imputation for unstructured dataset
Data imputation for unstructured dataset
 
Social Sales Revolution - Dreamforce 2012
Social Sales Revolution - Dreamforce 2012Social Sales Revolution - Dreamforce 2012
Social Sales Revolution - Dreamforce 2012
 
SAS Big Data Forum - Transforming Big Data into Corporate Gold
SAS Big Data Forum - Transforming Big Data into Corporate GoldSAS Big Data Forum - Transforming Big Data into Corporate Gold
SAS Big Data Forum - Transforming Big Data into Corporate Gold
 
Social Media Day 7-3-2013 Back to the nineties, when CRM wasn't social!
Social Media Day 7-3-2013 Back to the nineties, when CRM wasn't social!Social Media Day 7-3-2013 Back to the nineties, when CRM wasn't social!
Social Media Day 7-3-2013 Back to the nineties, when CRM wasn't social!
 
Q1 2013-update-trends comScore
Q1 2013-update-trends comScoreQ1 2013-update-trends comScore
Q1 2013-update-trends comScore
 
NTC 2012: Data Visualizaiton Panel
NTC 2012:  Data Visualizaiton PanelNTC 2012:  Data Visualizaiton Panel
NTC 2012: Data Visualizaiton Panel
 
Addressing Top CEO Priorities through Social Media Marketing and Metrics
Addressing Top CEO Priorities through Social Media Marketing and MetricsAddressing Top CEO Priorities through Social Media Marketing and Metrics
Addressing Top CEO Priorities through Social Media Marketing and Metrics
 
Modernizing Your IT Infrastructure with Hadoop - Cloudera Summer Webinar Seri...
Modernizing Your IT Infrastructure with Hadoop - Cloudera Summer Webinar Seri...Modernizing Your IT Infrastructure with Hadoop - Cloudera Summer Webinar Seri...
Modernizing Your IT Infrastructure with Hadoop - Cloudera Summer Webinar Seri...
 
Business Analytics Insights
Business Analytics InsightsBusiness Analytics Insights
Business Analytics Insights
 
Social Business in a World of Abundant Real-time Data
Social Business in a World of Abundant Real-time DataSocial Business in a World of Abundant Real-time Data
Social Business in a World of Abundant Real-time Data
 
Strategies for Increasing Online Survey Participation
Strategies for Increasing Online Survey ParticipationStrategies for Increasing Online Survey Participation
Strategies for Increasing Online Survey Participation
 
MIS5101 Key Slides from Weeks 1-3
MIS5101 Key Slides from Weeks 1-3MIS5101 Key Slides from Weeks 1-3
MIS5101 Key Slides from Weeks 1-3
 
Denodo Datafest 2017 London Tekin Mentes Logitech
Denodo Datafest 2017 London Tekin Mentes LogitechDenodo Datafest 2017 London Tekin Mentes Logitech
Denodo Datafest 2017 London Tekin Mentes Logitech
 

Social Media Analytics Reveals Customer Sentiment

  • 1. The Cutting Edge of: Customer Intelligence Presented by David Snyder President Snyder, INC. dsnyder@mindread.net
  • 2. Social Media Helps Customers Bridge Social & Business Metrics Internal The Business Business Social Web Metrics Data 2
  • 3. Social Media Analytics Enables and Supports the Combination of Multiple Data Sets Internal and External, Social and Non-Social The Social Web Who? Influence Metrics Keywords, Phrases, Trends across Social, Web, & News Impact How? Which data Sliding Sentiment Scale, Cumulative affects Sentiment, Running Business Average, and More… metrics Correlative Analysis Pattern Matching Semantic Context What? How much? Volume, Influence, Pattern Recognition and Trend Analysis 3
  • 4. A Simple Case of Social Media Analytics What if You were a Major Network and….. ….you wanted to understand the Impact of Twitter on TV Viewership of one of your TV shows? 4
  • 5. Social Media Analytics Would Respond: “276”… Mentions until show starts vs. Nielsen data 900 800 700 Nielsen Data 600 500 Blue line 400 represents 300 social media 200 mentions 100 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Social Mentions vs. Nielsen Ratings Findings - • When the daily total is greater than 276 That’s the Network’s Target 80% probability that Nielsen Rating exceeds 436k • When the daily total is less than 276 Twitter Mentions for that 70% probability that Nielsen Rating falls below 436K specific show 5
  • 6. …….Because That’s When Twitter is Worth Money to the Network Analysts found that the correlation exists and determined the break-even points of Nielsen Ratings and Twitter Mentions Avg Nielsen Ratings 436,000 = Avg Nielsen Ratings over 30 Days from 12:30am-1:00am (000’s) Avg Social Mentions 276 = Avg mentions over 30 days from 3am till 12:30am (22.5 hours) 0-150 125 238.3333333 151-300 235.25 249.5 Network X has an Opportunity to increase target show viewership 301-450 (and increase ratings to increase ad rates and make more money). 398.8 153.2 451-600 Network X can/should focus efforts on FINDING CAUSATION - 516 327.8888889 601-750 What gets people talking about that show? 734 313 751-900 796.3333333 588.6666667 It’s worth their investment 6
  • 7. What if……… You were a Major Computer Manufacturer and you wanted to know some things about your Brand…. Things like…. • What are people saying about me? • How am I perceived in the Marketplace? 7
  • 8. Social Media Analytics would say “Your Customers Love You”…. Weekly Sentiment Breakdown ….The few that actually talk about you Share of Voice by Brand Cumulative Sentiment by Brand Higher cumulative Sentiment than Apple 8
  • 9. ….Nice to Know, But How do I CHANGE That?…. Company’s current Messaging is missing the Mark by 15X…… 15x 15x Lenovo Tablet is 15x more Apple conversations likely to be associated with associated with “Apps” and their Laptops and enhanced user features Notebooks than Dell or than Dell or Lenovo Apple Stop talking about “productivity” and Take a Bite of the Apple…….Start talking about what you can DO with your products…..not the products themselves Emphasize Lifestyle, Portability, Simplicity Encourage Announce new Lenovo is a customers to post Apps and Games “Benchmark” Brand. pictures & stories with links to stores High Quality, High of them with their for easy impulse Sentiment, Lenovo Tablets on purchase frequently compared the go 9
  • 10. What if……… You were a Major Consumer Products Brand and you wanted to know if your new Ad Campaign for a product was having an impact…. Marketing Execs want to know…. • Are we increasing Brand Awareness? • Which campaign words resonate with my customer? 10
  • 11. …..Let’s Play…..”Spot the Ad Campaign”…… Data Point #1 – Awareness of product spiked during this campaign….so far, so good. Data Point #2 – Positive perception of product increased and negative perceptions decreased. Good again. Conclusion: We need to replicate and build on this campaign. 11
  • 12. ….Something Obviously Worked…..Specifically, what was it? Word Association “Theme Analysis” shows the following detail… 12
  • 13. …..What did I Learn?.... The Ad Campaign giving a free sample of our product had the following benefits to Us: • More tightly linked Craisins to the Ocean Spray Brand • Doubled the mentions of using Craisins in Salads, with Cheese, in White Chocolate Oatmeal Cookies, and recipes in general • Increased comparisons to Raisins – with Craisins viewed favorably • Increased perceptions and mentions of “Sweet” and “Fresh” • The word “Lunch” appears for the first time – linking product to likely time of day for consumption Knowing this, I can replicate this campaign – and build on its success 13
  • 14. What if…. You were a Global 250 firm, and were sending your people all over the world on Company Business….. How do you help them stay safe? 14
  • 15. ….State Department Publications won’t help…. Kidnappings are up in Kenya – your people need to stay in highly populated areas and NEVER go out alone Strikes and Civil Unrest are up in Malaysia – your people need to watch local newscasts frequently for locations and updates, take taxis and stay close to the hotel 15
  • 16. A few companies that have used social media analytics 16
  • 17. So….. What are YOUR “What Ifs”??? 17
  • 18. Contact: For expert guidance in picking the right social media solutions and tools David Snyder dsnyder@mindread.net (Member, American Advertising Federation) 18