Jerald Feinstein, Buzz Analytics

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Dr. Jerald L. Feinstein, Dean, Strayer University Cherry Hill, New Jersey Campus (856) 482-4210 [email protected] www.strayer.edu and Founding Partner Buzz Analytics www.BuzzAnalytics.com Measuring Buzz: How to Assess the Impact of Your PR and Social Media Strategies

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Transcript of Jerald Feinstein, Buzz Analytics

Page 1: Jerald Feinstein, Buzz Analytics

Dr. Jerald L. Feinstein,Dean, Strayer University

Cherry Hill, New Jersey Campus(856) 482-4210 [email protected]

www.strayer.edu

and

Founding PartnerBuzz Analytics

www.BuzzAnalytics.com

Measuring Buzz: How to Assess the Impactof Your PR and Social Media Strategies

Page 2: Jerald Feinstein, Buzz Analytics

It Takes Time to Assess Advertising Impact . . . But YouNeed Immediate Numbers the Next Day!

Media Eventor

Ad Campaign

Creates Awareness

ExpandsMarket Share

Your Ad Agency$ $ $ . . .

IncreasesBrand Value

Sales Revenue

$ $ $ . . .

Asset on Balance Sheet

Delay of Months or More

$ $ $ . . .

• Immediately Available Day After Event• Brand Dashboards• Track Daily

Generates Buzz

BuildsMind Share

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“Buzz” Drives Brand Volatility and Value

2000 2002

Tupac

Shakur

Eminem

Dr. Dre

Snoop Dog

Notorious

B.I.G. 2000 2001 2002 2003

From Buzz to Mind Share to Sales and Brand ValueFor Top Hip-Hop Artists

Absolute Internet Buzz Relative Mind Share Brand Value ($)and Buzz

=

Mind Share Calculated as Market Share of Buzz - - Individual Buzz / Total Buzz

Brand Value

Normalized Buzz

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0

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English

Spanish

Italian

Chinese

Greek

Russian

Google

MSN

ASK

Yahoo

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50

100

150

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US

France

Japan

ChinaIndia

UK

Spain

Employing On-Line Opinion Measurement to AssessBrand Popularity By Nation and Language

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Jolt Cola

7 - UpRC-Cola

Pepsi-Cola

Coca-Cola

Internet Mind Share for Soft Drinks

Mind Share Calculated as Individual Brand Buzz Divided by Total Buzz for All Brands

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“Buzz” Drives Brand Volatility and ValueMind Share Correlates with Brand Value and

Forecasts Market Share for Sports Teams

2000 2001 2002 2003

Hu

nd

red

s

New York Yankees

Dallas Cowboys

Los Angeles Lakers

New York Knicks

Washington

Redskins

New York Giants

Brand Dashboard Showing Relative Mind

Share as % of Leader

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Daily Buzz on Osama Bin Laden Before and After 9/11

Time in Days

Tracking Buzz on Osama Bin Laden

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0.5

1

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18September 2001

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Candidates in the Democratic NationalPrimaries in the Months Leading Up

To Primary Night

George Bush vs. John Kerry in theCampaign for President in the

Months Leading Up to Election Night

Employed to Track and Forecast Popularity of Political Candidates inPast Presidential Primaries and the National Campaign for President

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How You Can Get Started NowWith Google Trends . . . How It

Works

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