Every day, thousands across the globe talk about your products, your brand, and your competitors. Now imagine a reality in which you knew what the world is talking about right now. You don’t need a crystal ball to make social media predictions for the future. A marketer’s intuition, backed by social listening and analytics, can do the trick and engage target audiences. The ever-changing consumer, economic and digital landscapes naturally enable social media marketers to develop a hunch about how their brand and audience are impacted by those shifts. To turn a hunch into a real prediction, marketers need to understand how to analyze the growing amounts of data at their disposal. Consumer opinion has changed YoY and historical data is your most reliable friend for social media management, content marketing, crisis management, brand monitoring, customer support and more we will discuss together.
In this webinar dive in and learn:
- How social media platforms can help turn data to business insights
- How social listening empowers marketers to discover every new trend first
- How to use your owned data to fine-tune predictions or pivot in a smart direction
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Social Media Data Has Entered the Chat
1.
2.
3.
4. • The state of affairs for social media managers
• Using social media data to inform strategy and create business insights
• How to use owned data to pivot in a smart direction
• Half-time Q&A
• Leveraging social listening to uncover insights and trends
• Understanding the market
• Q&A
6. The state of affairs.
4.2bn
Active social media users.
8.4
Average social media accounts per Internet user.
Source: We Are Social, Digital 2021: the latest insights into the ‘state of digital, 2021
7. The amount of data passing through social media is massive.
For even the most experienced social media manager or marketer, this makes
the job of analysing and leveraging data a daunting task.
8. We struggle to generate insights
using social media data.
Only 16% use social data for
competitive insights.
Which is stopping us from
developing strategic work.
47% say their number on challenge
is to develop a strategy that supports
the organisation's goals
Source: Sprout, The Sprout Social Index, Edition XV: Empower & Elevate, 2019
10. “Our strategy is to use Facebook link ads to drive
more users to our website.”
“Our new strategy is to use influencers to showcase
our products in different ways”
“Our strategic approach is to use TikTok to reach a
younger audience”
14. XX
Diagnosis: Study the past, study the territory, find
out the trouble.
Strategy: After uncovering weakness, develop a plan
that can be applied to this local sore spot. Outline
this plan in detail.
15. XX
Diagnosis: Study the past, study the territory, find
out the trouble.
Strategy: After uncovering weakness, develop a plan
that can be applied to this local sore spot. Outline
this plan in detail.
Tactics: Prepare material for carrying out the plan.
Pass it on to the districts.
16. XX
Diagnosis: Study the past, study the territory, find
out the trouble.
Strategy: After uncovering weakness, develop a plan
that can be applied to this local sore spot. Outline
this plan in detail.
Tactics: Prepare material for carrying out the plan.
Pass it on to the districts.
Diagnosis: Make whatever field studies are
necessary to determine if the plan has produced
the expected results.
17. XX
This should be the strategic process.
Diagnosis Strategy Tactics
33.3% 33.3% 33.3%
18. XX
This often seems like the reality, though.
Diagnosis Strategy Tactics
10-20% 10-20% 60-80%
20. Put down the tactical toolbox and
start with diagnosis.
21. Looking inwards.
Analyze your own social media data
and determine what the current
situation is, what the problem is and
where you need to apply your focus.
Looking outwards.
Use social listening to uncover
where users and consumers are
talking about your brand, what
they’re saying, what the sentiment is
and what you can do with this data.
Start with diagnosis to identify the problem.
Form a hypothesis and then test it with data.
23. There is an ambition
to use social media to drive
business results.
70% want to use social media to
drive brand awareness.
59% want to drive sales/lead
generation.
But we don’t
measure accordingly.
Only 41% use amplification and
brand awareness metrics.
Only 50% focus on conversion
and revenue metrics.
63% focus on engagement metrics to meet their goals.
Source: Sprout, The Sprout Social Index, Edition XV: Empower & Elevate, 2019
24. Measure the right metrics.
Identify the brand problem/challenge &
align your analysis and metrics/KPIs with this.
25. Once you have the overarching objectives,
translate these to social media KPIs –
and then benchmark them against historical performance.
Awareness
Are people seeing your
brand, your products or
your message?
Reach
Impressions
Fan/follower growth
Video views
Posting volume
Consideration
Do people like and care
about what you have to
say?
Engagement rate
Likes, comments,
shares
Purchase
Do people want to drink
the Kool-aid and buy
your products?
Clicks
Conversions
Advocacy
Are they talking about
your brand or your
products - and is it
positive?
Mentions
Hashtags
Sentiment
Share of voice
26. XX
Market
Fan
Growth (%)
Total Impressions Engagement Rate
Market A 0.41% 8,216 1.43%
Market B -0.31 % 96,003 0.63 %
Market C 6.13 % 152,549 2.11 %
Market D 0.11 % 76,001 0.61 %
Market F 1.99 % 339,962 1.03 %
Market G 1.87 % 257,985 0.92 %
Market H 0.36 % 423,197 0.69 %
Market I 6.45% 1,277 0,76 %
Market J 1.05 % 316,536 0.89 %
Market K 6.36 % 31,992 2.56 %
Use benchmarks to turn the metrics into tangible
insights and determine key focus areas.
Use the median to create
your benchmarks based on
historical performance.
Colour code to make your
analysis easier.
Look at multiple metrics
together and compare them
against each other.
27. Moving in the right direction.
Use social media data to pivot to the right market or platform.
29. PRESENTED BY @adweek @socialmediaweek @yourbrand
Use social media data to analyse
opportunities for penetration.
• Facebook and Twitter’s own ad
managers can be used to gauge the
potential audience in a given region or
market.
• By filling out the targeting criteria for
the brand or product, it’s possible to
see the potential audience on a given
platform; all those that currently match
the criteria.
30. XX
Sales outweigh both current and
potential audience size.
Small existing audience and
little potential for growth.
Market is saturated, so focus on
engaging and managing existing
community.
Audience size and sales indicate an
opportunity for growth, both online
and offline.
It would blow your
minds how many
brands have active
social media profiles
in markets like these.
31. XX
Market
Fan
Growth (%)
Total Impressions Engagement Rate Existing audience Potential audience Saturation
Market A 0.41% 8,216 1.43% 4,248 867,000 0.49%
Market B -0.31 % 96,003 0.63 % 19,705 2,214,000 0.89%
Market C 6.13 % 152,549 2.11 % 14,715 272,000 5.41%
Market D 0.11 % 76,001 0.61 % 22,856 721,000 3.17%
Market F 1.99 % 339,962 1.03 % 26,747 165,000 16.21%
Market G 1.87 % 257,985 0.92 % 66,411 1,410,000 4.71%
Market H 0.36 % 423,197 0.69 % 46,380 94,000 49.34%
Market I 6.45% 1,277 0,76 % 405 1,350,000 0.03%
Market J 1.05 % 316,536 0.89 % 25,021 1,310,000 1.91%
Market K 6.36 % 31,992 2.56 % 1,952 610,000 0.32%
32. XX
EXISTING
MARKET
NEW
MARKET
EXISTING CONTENT NEW CONTENT
MARKET
PENETRATION
The approach can be used for markets that
are either saturated and should continue
business as usual or whose current
content strategy is working.
Increasing
risk
Increasing risk
CONTENT
DEVELOPMENT
For markets that have decent growth
potential but a low engagement rate or
saturated markets that are reaching a lot
of users, but need to improve content.
MARKET
DEVELOPMENT
This approach is for markets that have
potential to grow, but don’t exist, or
markets that aren’t reaching enough
users.
DIVERSIFICATION
Focus on markets that aren’t saturated
and have a lot of room to grow, but don’t
have profiles or are currently struggling to
generate a sufficient engagement rate.
These markets require both new content
and a greater paid media budget.
35. PRESENTED BY @adweek @socialmediaweek @yourbrand
Headline.
• Bullet points.
About Brandwatch
● Founded in 2006 in Brighton
● 500+ employees globally
● 33% of staff are in Engineering & Data
Science
● 10 offices around the world
● 2000+ customers in over 70 countries
36. XX
2007 2014 2017 2018 2021
[Acquisition]
[Acquisition]
[Merger]
The future
Digital
Consumer
Intelligence
[Acquired by]
Social Suite
+
The Evolution of Brandwatch.
37. Brandwatch & Falcon: Best in class social platforms come together
100m+ social
& online data
sources
Embedde
d light
social
listening
Data enrichment, AI &
analytics
16 years digital consumer
intelligence investment focus
Social media management
suite
Launched
on day 1
Consumer
research
platform
Digital channel data & analytics
11 years social analytics &
management investment focus
38. Digital Consumer Intelligence
Know what the world is saying about
your brand and the topics that matter
Social Media Management
Effectively manage your
organization’s social media across all
networks, teams and regions.
A powerful combination.
Full Social Solution
Better understand
& engage with your
customers at every
touchpoint
39. PRESENTED BY @adweek @socialmediaweek @yourbrand
Brandwatch’s
Vision:
To bring structure and
meaning to billions of
consumer voices, for
smarter, data-driven
decision-making.
40. PRESENTED BY @adweek @socialmediaweek @yourbrand
In a digital world, change happens quickly...
41. PRESENTED BY @adweek @socialmediaweek @yourbrand
...in 2021, change is being accelerated.
42. PRESENTED BY @adweek @socialmediaweek @yourbrand
Understanding
consumers in
the digital era
• Technology offers consumers
more choice and more power than
ever before
• Consumer behaviour is
evolving faster than ever before
• We have access to more data
than ever before
• But we are still relying on what
we did before
43. PRESENTED BY @adweek @socialmediaweek @yourbrand
What’s going on?
To turn data into insights we
need to ask the right
questions…
44. XX
What’s going on? (in this chart)
0
100
200
300
400
500
600
700
800
900
Mention
Volume
Volume Over Time
Brand
45. XX
What’s going on? (in this chart)
0
100
200
300
400
500
600
700
800
900
Mention
Volume
Volume Over Time
Negative Neutral Positive
46. XX
What’s going on? (in this chart)
0
100
200
300
400
500
600
700
800
900
Mention
Volume
Volume Over Time
Negative Neutral Positive
47. XX
What’s going on? (in this chart)
0
100
200
300
400
500
600
700
800
900
Mention
Volume
Volume Over Time
RTs of Influencer post Brand Awareness Intent to Purchase
48. XX
What’s going on? (in this chart)
0
100
200
300
400
500
600
700
800
900
Mention
Volume
Volume Over Time
Twitter Reddit Instagram
49. PRESENTED BY @adweek @socialmediaweek @yourbrand
• Bullet points.
Example: NHS
Using machine learning to
understand the real story behind
shifts in conversation
50. PRESENTED BY @adweek @socialmediaweek @yourbrand
• Bullet points.
Brand Management
● Track brand health over time.
● Analyze key trends around your
business.
● Optimize your brand messaging
with tangible data.
51. PRESENTED BY @adweek @socialmediaweek @yourbrand
• Bullet points.
Example: Nestlé
Nestlé’s morning briefing
dashboard provides real-time
insights across the business
52. PRESENTED BY @adweek @socialmediaweek @yourbrand
• Bullet points.
Example: Nestlé
Nestlé’s morning briefing
dashboard provides real-time
insights across the business
53. PRESENTED BY @adweek @socialmediaweek @yourbrand
• Bullet points.
Crisis Management
● Detect potential crises before
they reach the mainstream.
● Understand what's driving
positive and negative sentiment
about your brand.
● Alert the entire organization with
the right information.
54. PRESENTED BY @adweek @socialmediaweek @yourbrand
• Bullet points.
Example: Nike and Colin
Kaepernick
Is a social media backlash
always a crisis?
55. PRESENTED BY @adweek @socialmediaweek @yourbrand
• Bullet points.
Example: Nike and Colin
Kaepernick
Is a social media backlash
always a crisis?
57. PRESENTED BY @adweek @socialmediaweek @yourbrand
• Bullet points.
Market Research & Trend
Analysis
● Analyze audiences and trends to
know what content and
strategies will resonate
● Jump on marketing moments
before anyone else
● Align your brand voice with
consumers
58. PRESENTED BY @adweek @socialmediaweek @yourbrand
• Bullet points.
Example: Good Food
Institute
Understanding how to cater for
and market to consumers of
meat alternatives
59. PRESENTED BY @adweek @socialmediaweek @yourbrand
• Bullet points.
Example: Good Food
Institute
Understanding how to cater for
and market to consumers of
meat alternatives
60. PRESENTED BY @adweek @socialmediaweek @yourbrand
• Bullet points.
Example: Thinketers &
BWT
Understanding a new market
• 30% annual increase in filter
sales
• 2.5 million views of the
branded content
• Observable shift in brand
association
61. Summary
1. Finding insights starts with asking the right questions
2. Brand Management: Who's actually talking about you
and what are they saying?
3. Crisis Management: When is a backlash really a crisis
and how should you respond?
4. Market Research & Trend Analysis: What do
consumers want and how should you talk to them?