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Branding A Social Media Perspective


                        Prepared by
                        S Sathish
Social media ‐ First things first
What this really is: People talking with people.
People connecting with each other.




     Which is nothing new, really




People creating communities…




                                       People sharing their passions.
Define Social Media

                            “A group of Internet‐based 
                         applications that build on the 
                          ideological and technological 
                         foundations of Web2.0,which 
                         f     d ti      f W b2 0 hi h
                       allows the creation and exchange 
                           of user‐generated content.”
                                                     by
                                                      y
                      Andreas Kaplan e Michael Haenlein
Why Social Media Now ?
                          Metrics Behavior On The Internet 
                          Metrics Behavior On The Internet

   Content sharing on the Internet             From 2006 to 2009 there has
   has reached a prominent role in
                    p                          been increasing in virtually all
                                                                g           y
   daily life of Internet users                activities involving social media

   •63% created a profile on a social          •Watch video clips online and Listen
   network site                                to live radio/audio online

   •57% manage a profile on a social           • Create profile on a social network
   network site
                                               • Read blogs
   •76% upload photos
                                               •Upload photos to a photo sharing
   •33,1% upload videos                        site

   •29,1% keep a blog                          • Blogs are now read by 24% up
                                               from 13% in 2006
   •71% read blogs
                                               • Social networks are now used by
                                               26% up from 17% in 2006
Percentage of Fortune 100 Companies using each
Social Media Channel
                                                                               One
                                                                             Channel
                                                                              21%
                                                                 None
                                                                 40 %
                                                                                    Two
                                                                                  Channel
                                                                         All 3     22%
                                                                        Channel
                                                                         17%


          Twitter now platform of choice                        Active Companies On SM


         Facebook                                                                 Facebook and 
           14%                                      Blog and                         Twitter
                          Twitter                    Twitter                          36%
                           76%                        64%
           Blog
           10%


 Companies using just one social media channel    Companies using two channels likely to use Blog 
     overwhelmingly use Twitter (76%)                           and Twitter (64%
Brand Management
Brand Management

  What is Brand?

  A brand is a name, term, sign, symbol or a combination of them intended to
                      ,     , g , y
  identify the goods and services of one seller or group of sellers and to
  differentiate them from those of competition.



                      The Cola Wars: Energy Vs. Peace
Brand Management

  Why do Brands matters?

  From consumer’s point of view
               ’    i    f i                            From manufacturer’s point of view
                                                                 f       ’    i    f i

        Identification of source of product                   Means of identification to simplify handling
        Assignment of responsibility to product maker         Means of legally protecting unique features
        Risk reducer                                          Signal of quality level to satisfied customers
        Search cost reducer                                   Means of endowing products with unique 
        Promise, bond, or pact with maker of product         associations
        Symbolic device                                       Source of competitive advantage
        Signal of quality                                     Source of financial returns
Brand Management

                             Branding Process




                Understanding                   Brand Building
                  Branding




  Products to
                Attributes   Management     Architecture         Exercise
      brands
Brand Management

                                                      Branding Process


  Products to
      brands




     A brand is more distinctive than a product
     It is first of all a name, a means of identification
     Secondly its a set of added values offering both functional and psychological 
     benefits 


        “If Coca Cola lost everything except for ‘the formula’ and its brand name , it could walk into any bank in the world and get $100 
        billion loan to start from the scratch”
                                                                                                            ‐Fortune Magazine
Brand Management

                                   Branding Process


  Products to
                    Attributes
      brands




     Immutable Law of Name ‐ Short , Distinctive, Not to mean anything rude or silly in 
     another language
     Immutable Law of Shape ‐ Simple logo, Designed to fit both the eyes, Logo font 
     has to be clear and legible
     Immutable Law of Color  ‐ Colors have meanings, Opposite colors can differentiate
     Immutable Law of Singularity ‐ Leverage a compelling truth, mean a single 
     powerful thing
Brand Management

                                    Branding Process


  Products to
                     Attributes      Management
      brands




     Co Brand ‐ Brands need to address a similar need segment
     Stealth Brand ‐ Brand building that attracts customer attention but not of rivals
     Fighting Brand  ‐ Pricing led branding option. Works as a  competitive response, 
     Built as new, independent brand
     Immutable Law of Siblings (Multi Brand) ‐ Leverage a compelling truth
                                                        Leverage a compelling truth, 
     mean a single powerful thing (Tata Salt, Tata Tea)
Brand Management

                                        Branding Process


  Products to
                           Attributes   Management      Architecture
      brands




     Immutable Law of Contraction ‐ A brand becomes stronger when you narrow its 
     focus
     House of Brands ‐ Gives an opportunity for the company to focus on each brand 
     and contract its scope
     Endorsed Brand  ‐ Danger of diluting the equity of endorsing brand (Titan from TATA, 
     transferring trust)

     Immutable Law of Expansion ‐ Company pushes core brand in different 
     directions (Volkswagen Buses)
     Branded house ‐ Consumers buy brands, not companies (P&G)
Brand Management

                                    Branding Process


  Products to
                      Attributes     Management    Architecture   Exercise
      brands




            Single Brand Family


            ‘Stand‐alone’  New Brand 


            Transfer of Brand Assets ‘x from y’
Brand Management

                                 Branding Process




                 Understanding                       Brand Building
                   Branding




                    Connection                               Evaluating
   Brand Audit                            Big Idea
                    Triangle                                 Advertising
Brand Management in SOCIAL MEDIA




          Face are personable, but lack context
          Face are personable but lack context
Brand Management in SOCIAL MEDIA




             Logos are clear, but impersonal
             Logos are clear, but impersonal
Brand Management in SOCIAL MEDIA




        Combining faces  logos humanity context
        Combining faces + logos = humanity + context
Brand Management in SOCIAL MEDIA

                               Metrics and Social Media Elements


   Metrics
             “A metric is a measuring system that quantifies a trend, dynamic, or
   characteristic. In virtually all disciplines, practitioners use metrics to explain
   phenomena, di
    h            diagnose causes, share fi di
                                       h     findings, and project th results of f t
                                                          d    j t the      lt f future
   events.”
              Prof. Paul Farris; Neil Bendle; Phillip Pfeifer; David Reibstein.


                 Ups                                                              Downs

      Data persistence                                                   Differences between social media 
                                                                      sites
                                                                       it
      Data search ability
                                                                        Inconsistent terminology
      Public information

      Several levels of measurement
Brand Management in SOCIAL MEDIA

                                  Social Media Data

     Q
     Quantitative Data                         Q
                                               Qualitative Data

          •Scraps
          •Friends
          •Communities
          •Fans
          •Mutual Friends
          •Mutual Communities
                                                       Posts




                                                                                 alysis
                                                                          Data Ana
         •Following
          F ll i
         •Followers                        Comments               Feeds
         •Tweets
         •Most Recent Tweet
         •Lists Quantitative
                                                      UGC
         •Views
         •Likes / Dislikes
         •Comments Quantitative
         •Comments Quantitative
Brand Management in SOCIAL MEDIA

                                 Social Media Metrics: Approach




           Awareness                         Influence             Engagement

     • Page Views                     • Ratings / Rankings    • Comments and Trackbacks
     • Unique Visitors                • Referrals             • Filled Profiles
     • Posts/Topics                   • Members               • Active Members
     •N b
       Number of Groups
                  fG                  •CConnections
                                               ti             •MMeans
     • Average Time                                           • Mentions
     • New Visitors                                           • Frequency of Publication
     • Repeat Visitors                                        • Favorites
     • Traffic Sources
       Traffic Sources
     • Leads
     • Evaluation of visitors 
       :geographic, language, 
       bounce rate etc.
Brand Management in SOCIAL MEDIA

                                        Social Media Metrics

                                                                Reach is related to the
                                                                       is related to the 
  Engagement is related to                                        degree of effective 
 the degree of participation                                   dissemination of certain 
    and involvement of a                                       content or to degree of 
 specific profile or group of                                   potential spread that a 
 users to a theme or subject
                                       Engagement              single profile has in the 
                                                                        network
                                                                           t    k




                                 Influence
                                   fl                 Reach
                                                          h


 Influence is related to the            Adequacy                Adequacy refers to the 
 degree of attention and 
 mobilization that a certain                                    degree of proximity that 
                                                                  given content has in 
 profile can generate in 
 profile can generate in
                                                                 relation to the desired 
                                                                   l          h d      d
 others users.                                                 characteristics and values
Brand Management in SOCIAL MEDIA

                                        Steps In Social Media Analysis

    Customer Context
    • Strengths and Weakness; Threads and Opportunities; Competition; Target        Reach 
      Audience; General Objectives of Communication; Marketing Strategy
                                                                                    Growth of Total Followers 
    Current Practices in Social Media                                               Views of Key Videos
    • Identify the actual use of social media by team and key people: publishing 
      frequency, type of content, type of relationship, social media performance 
      etc                                                                           INFLUENCE
                                                                                    Quality of Twitter Lists
    Emphasis
    • Influence; Engagement; Reach; Adequacy
      Influence; Engagement; Reach;  Adequacy

    Types of Metrics
                                                                                    ENGAGEMENT
                                                                                    Topics/Month
    • Social Media Site; Previous Social Media Performance; Desired Information;    Active Participants
      Measurable Data: quantitative x qualitative

    Collection Tools
    C ll ti T l
    • Define Tool; Methodology; Data collection
                                                                                    ADEQUACY
                                                                                    Proximity with key words
    Analysis                                                                        Sentiment Value Index
    • Interpretation of data; optimization strategies;
Brand Management in SOCIAL MEDIA

                                           Tools

   Data Archiving – MS‐Excel, MS‐ Access and other Spreadsheets Application
   Data Archiving MS Excel MS Access and other Spreadsheets Application

   Monitoring and Analysis Software – Radian6, Social Mention, Critical Mention

   Analytics – SPSS, SAS, Google Analytics

   Search Engines – Google, Bing, Yahoo, Dogpile

   Profile Classification – Twitter Grade, Klout
Brand Management in SOCIAL MEDIA
   References
   R f

   Reports/Presentations/White Papers/Articles

 http://www.slideshare.net/interney/mtricas‐em‐mdias‐sociais
 http://www slideshare net/interney/mtricas em mdias sociais
 http://www.iab.net/iab_products_and_industry_services/508676/801817/socialmetrics
 http://www.slideshare.net/tarushijio/metricas‐para‐publicidade‐em‐midias‐sociais
 http://fluent.razorfish.com/
 http://www.amazon.com/Always‐Advertising‐Marketing‐Consumer‐Business/dp/0071508287
 http://www.slideshare.net/Radian6/measuring‐social‐media‐2396778
    p //                    /       /         g
 http://www.forrester.com/rb/Research/marketings_new_key_metric_engagement/q/id/42124/t/2
 http://www.web‐strategist.com/blog/2010/04/22/altimeter‐report‐social‐marketing‐analytics‐with‐web‐
 analytics‐demystified/
 http://www.iab.net/insights_research/947883/buildingbrandsonline
 http://www.radian6.com/blog/2010/03/social‐media‐measurement‐analysis/
 www.syncapse.com/media/syncapse‐value‐of‐a‐facebook‐fan.pdf
 SocialNetworkSites:Definition,History,andScholarship.–danahm.boydeNicoleB.Ellison
 Users of the world, unite!‐Kaplan AndreasM., Haenlein Michael.
 Wave4–Power to the People
 Plano de Negócio Sebrae
Brand Management in SOCIAL MEDIA
                     Thank You 
                     Th k Y




                     QUESTIONS 

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Branding a social media perspective

  • 1. Branding A Social Media Perspective Prepared by S Sathish
  • 4. People connecting with each other. Which is nothing new, really People creating communities… People sharing their passions.
  • 5. Define Social Media “A group of Internet‐based  applications that build on the  ideological and technological  foundations of Web2.0,which  f d ti f W b2 0 hi h allows the creation and exchange  of user‐generated content.” by y Andreas Kaplan e Michael Haenlein
  • 6. Why Social Media Now ? Metrics Behavior On The Internet  Metrics Behavior On The Internet Content sharing on the Internet From 2006 to 2009 there has has reached a prominent role in p been increasing in virtually all g y daily life of Internet users activities involving social media •63% created a profile on a social •Watch video clips online and Listen network site to live radio/audio online •57% manage a profile on a social • Create profile on a social network network site • Read blogs •76% upload photos •Upload photos to a photo sharing •33,1% upload videos site •29,1% keep a blog • Blogs are now read by 24% up from 13% in 2006 •71% read blogs • Social networks are now used by 26% up from 17% in 2006
  • 7. Percentage of Fortune 100 Companies using each Social Media Channel One Channel 21% None 40 % Two Channel All 3 22% Channel 17% Twitter now platform of choice Active Companies On SM Facebook Facebook and  14% Blog and  Twitter Twitter Twitter 36% 76% 64% Blog 10% Companies using just one social media channel  Companies using two channels likely to use Blog  overwhelmingly use Twitter (76%) and Twitter (64%
  • 9. Brand Management What is Brand? A brand is a name, term, sign, symbol or a combination of them intended to , , g , y identify the goods and services of one seller or group of sellers and to differentiate them from those of competition. The Cola Wars: Energy Vs. Peace
  • 10. Brand Management Why do Brands matters? From consumer’s point of view ’ i f i From manufacturer’s point of view f ’ i f i Identification of source of product Means of identification to simplify handling Assignment of responsibility to product maker Means of legally protecting unique features Risk reducer Signal of quality level to satisfied customers Search cost reducer Means of endowing products with unique  Promise, bond, or pact with maker of product associations Symbolic device Source of competitive advantage Signal of quality Source of financial returns
  • 11. Brand Management Branding Process Understanding Brand Building Branding Products to Attributes Management Architecture Exercise brands
  • 12. Brand Management Branding Process Products to brands A brand is more distinctive than a product It is first of all a name, a means of identification Secondly its a set of added values offering both functional and psychological  benefits  “If Coca Cola lost everything except for ‘the formula’ and its brand name , it could walk into any bank in the world and get $100  billion loan to start from the scratch” ‐Fortune Magazine
  • 13. Brand Management Branding Process Products to Attributes brands Immutable Law of Name ‐ Short , Distinctive, Not to mean anything rude or silly in  another language Immutable Law of Shape ‐ Simple logo, Designed to fit both the eyes, Logo font  has to be clear and legible Immutable Law of Color  ‐ Colors have meanings, Opposite colors can differentiate Immutable Law of Singularity ‐ Leverage a compelling truth, mean a single  powerful thing
  • 14. Brand Management Branding Process Products to Attributes Management brands Co Brand ‐ Brands need to address a similar need segment Stealth Brand ‐ Brand building that attracts customer attention but not of rivals Fighting Brand  ‐ Pricing led branding option. Works as a  competitive response,  Built as new, independent brand Immutable Law of Siblings (Multi Brand) ‐ Leverage a compelling truth Leverage a compelling truth,  mean a single powerful thing (Tata Salt, Tata Tea)
  • 15. Brand Management Branding Process Products to Attributes Management Architecture brands Immutable Law of Contraction ‐ A brand becomes stronger when you narrow its  focus House of Brands ‐ Gives an opportunity for the company to focus on each brand  and contract its scope Endorsed Brand  ‐ Danger of diluting the equity of endorsing brand (Titan from TATA,  transferring trust) Immutable Law of Expansion ‐ Company pushes core brand in different  directions (Volkswagen Buses) Branded house ‐ Consumers buy brands, not companies (P&G)
  • 16. Brand Management Branding Process Products to Attributes Management Architecture Exercise brands Single Brand Family ‘Stand‐alone’  New Brand  Transfer of Brand Assets ‘x from y’
  • 17. Brand Management Branding Process Understanding Brand Building Branding Connection Evaluating Brand Audit Big Idea Triangle Advertising
  • 18. Brand Management in SOCIAL MEDIA Face are personable, but lack context Face are personable but lack context
  • 19. Brand Management in SOCIAL MEDIA Logos are clear, but impersonal Logos are clear, but impersonal
  • 20. Brand Management in SOCIAL MEDIA Combining faces  logos humanity context Combining faces + logos = humanity + context
  • 21. Brand Management in SOCIAL MEDIA Metrics and Social Media Elements Metrics “A metric is a measuring system that quantifies a trend, dynamic, or characteristic. In virtually all disciplines, practitioners use metrics to explain phenomena, di h diagnose causes, share fi di h findings, and project th results of f t d j t the lt f future events.” Prof. Paul Farris; Neil Bendle; Phillip Pfeifer; David Reibstein. Ups Downs Data persistence Differences between social media  sites it Data search ability Inconsistent terminology Public information Several levels of measurement
  • 22. Brand Management in SOCIAL MEDIA Social Media Data Q Quantitative Data Q Qualitative Data •Scraps •Friends •Communities •Fans •Mutual Friends •Mutual Communities Posts alysis Data Ana •Following F ll i •Followers Comments Feeds •Tweets •Most Recent Tweet •Lists Quantitative UGC •Views •Likes / Dislikes •Comments Quantitative •Comments Quantitative
  • 23. Brand Management in SOCIAL MEDIA Social Media Metrics: Approach Awareness Influence Engagement • Page Views • Ratings / Rankings • Comments and Trackbacks • Unique Visitors • Referrals • Filled Profiles • Posts/Topics • Members • Active Members •N b Number of Groups fG •CConnections ti •MMeans • Average Time • Mentions • New Visitors • Frequency of Publication • Repeat Visitors • Favorites • Traffic Sources Traffic Sources • Leads • Evaluation of visitors  :geographic, language,  bounce rate etc.
  • 24. Brand Management in SOCIAL MEDIA Social Media Metrics Reach is related to the is related to the  Engagement is related to  degree of effective  the degree of participation  dissemination of certain  and involvement of a  content or to degree of  specific profile or group of  potential spread that a  users to a theme or subject Engagement single profile has in the  network t k Influence fl Reach h Influence is related to the  Adequacy Adequacy refers to the  degree of attention and  mobilization that a certain  degree of proximity that  given content has in  profile can generate in  profile can generate in relation to the desired  l h d d others users. characteristics and values
  • 25. Brand Management in SOCIAL MEDIA Steps In Social Media Analysis Customer Context • Strengths and Weakness; Threads and Opportunities; Competition; Target  Reach  Audience; General Objectives of Communication; Marketing Strategy Growth of Total Followers  Current Practices in Social Media Views of Key Videos • Identify the actual use of social media by team and key people: publishing  frequency, type of content, type of relationship, social media performance  etc INFLUENCE Quality of Twitter Lists Emphasis • Influence; Engagement; Reach; Adequacy Influence; Engagement; Reach;  Adequacy Types of Metrics ENGAGEMENT Topics/Month • Social Media Site; Previous Social Media Performance; Desired Information;  Active Participants Measurable Data: quantitative x qualitative Collection Tools C ll ti T l • Define Tool; Methodology; Data collection ADEQUACY Proximity with key words Analysis Sentiment Value Index • Interpretation of data; optimization strategies;
  • 26. Brand Management in SOCIAL MEDIA Tools Data Archiving – MS‐Excel, MS‐ Access and other Spreadsheets Application Data Archiving MS Excel MS Access and other Spreadsheets Application Monitoring and Analysis Software – Radian6, Social Mention, Critical Mention Analytics – SPSS, SAS, Google Analytics Search Engines – Google, Bing, Yahoo, Dogpile Profile Classification – Twitter Grade, Klout
  • 27. Brand Management in SOCIAL MEDIA References R f Reports/Presentations/White Papers/Articles http://www.slideshare.net/interney/mtricas‐em‐mdias‐sociais http://www slideshare net/interney/mtricas em mdias sociais http://www.iab.net/iab_products_and_industry_services/508676/801817/socialmetrics http://www.slideshare.net/tarushijio/metricas‐para‐publicidade‐em‐midias‐sociais http://fluent.razorfish.com/ http://www.amazon.com/Always‐Advertising‐Marketing‐Consumer‐Business/dp/0071508287 http://www.slideshare.net/Radian6/measuring‐social‐media‐2396778 p // / / g http://www.forrester.com/rb/Research/marketings_new_key_metric_engagement/q/id/42124/t/2 http://www.web‐strategist.com/blog/2010/04/22/altimeter‐report‐social‐marketing‐analytics‐with‐web‐ analytics‐demystified/ http://www.iab.net/insights_research/947883/buildingbrandsonline http://www.radian6.com/blog/2010/03/social‐media‐measurement‐analysis/ www.syncapse.com/media/syncapse‐value‐of‐a‐facebook‐fan.pdf SocialNetworkSites:Definition,History,andScholarship.–danahm.boydeNicoleB.Ellison Users of the world, unite!‐Kaplan AndreasM., Haenlein Michael. Wave4–Power to the People Plano de Negócio Sebrae
  • 28. Brand Management in SOCIAL MEDIA Thank You  Th k Y QUESTIONS