Social Consumer Insights: Why social is a vital component for uncovering the right data
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Transcript of Social Consumer Insights: Why social is a vital component for uncovering the right data
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© 2016 Brandwatch.com
Webinar/Social Consumer Insights:Why social is a vital component for uncovering the right data
CMO, [email protected] | @willmcinnes
Will McInnesVP & Principal Analyst, Forrester Research
Melissa Parrish
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Coming Up
● Evolution of the “social marketing strategy”● Challenges Consumer Insights professionals face
& applicable solutions● Q&A
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Don’t be shy/We’d love your participation
• Ask questions in the session chat
• Tweet about our discussion
@brandwatch
#brandwatchtips
A download and recording of the webinar will be made available after the event
Let go of your “social marketing” strategyMelissa Parrish, VP, Research Director
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Agenda
› Why social intelligence? › Technology Landscape v. Strategy › Social contributes to business success
If you think of it as social marketing…
…you will miss out.
Social’s value is in people.
And people have conversations.
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Source: “Defining Social Intelligence” Forrester report
The social intelligence life cycle
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Grammy’s Fail
› CBS all access was down during the Grammys
› Angry customers tweeting
› Promoted tweet shows up…
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Agenda
› Why social intelligence? › Technology Landscape v. Strategy › Social contributes to business success
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The Social Technology Landscape Is Over-crowded and complex
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Careful planning prevents social media overkill
Source: Forrester Report: Drive Social Marketing Success With The POST Process
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Social Across The Customer Lifecycle
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Determine which social tools fit the phase
Source: Forrester report: You don’t Need A Social Marketing Strategy
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Social Intelligence tools assist across the entire lifecycle
Source: Forrester report: You don’t Need A Social Marketing Strategy
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At it’s core, social listening platforms to reveal customer insights1. Monitoring
2. Messaging Optimization
3. Market Research
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Agenda
› Why social intelligence? › Technology Landscape v. Strategy › Social contributes to business success
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Companies don’t mature because theykeep social data contained.
PR/corporate communicationsMarketing
Customer supportCompetitive intelligence
Social data
Operations
Sales, Lead Generation
Research and Development
Market Insights Customer ExperienceCreative
Media Planning
Analytics
Human ResourceseCommerceBrand Protection, Risk Management Compliance
Marketing PR/Corporate Communications
Competitive Intelligence Customer Support
SOCIAL DATA
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Source: Forrester’s Q4 2015 Global Enterprise Social Listening Platforms Customer Reference Phone/Online Survey
New use cases emerge for social insights
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Customer Care Teams Use Social to Delight Angry Customers › Social as a customer service channel has been percolating for a while now. › But social can be leveraged to preemptively delight customers.
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Image source: https://www.alexandani.com/blog/tag/alex-and-ani-gift-guide/
Product teams use social insights for feedback and development.› Brands ask fans and follows what they think of products directly› Customers are speaking openly about products and how they use them on
social, including posting images
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Use Social To Ignite Post-Digital
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Post-Digital hangs its hat on three principles
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Be human: “create, cocreate, and curate”
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Be helpful: insights into construction
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Be handy: from 1:1 to 1:moment
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Key Takeaways
It starts with Social Insights.
Follow POST to align strategy with tool selection.
Social Insights help improve functions around your business.
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Social Intelligence & Consumer
Insights
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“At it’s core, social listening platforms reveal customer
insights.”FORRESTER, “UNRAVELLING THE SOCIAL TECHNOLOGY WEB”
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1. Collect Data
2. Process Data
3. Discover Insights
4. Activate Insights
4 steps in Consumer Insights work:
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Collecting Data
Processing Data
Discovering Insights
Activating
Insights
Social intelligence supports...
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What keeps you up at night?
• Fully understanding customers• Working more efficiently• How to best activate insights• Getting great quality questions from inside the business
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Challenge
Collecting
the complete Voice of the Customer
1. Collect Data
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Solution
● Raw Voice of the Customer at a quantitative scale
● Fast, cost-effective, accurate
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Example
M&S / ‘Major retailer’
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Challenge Time to Insight
3. Discove
r Insights
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Solution
● Automate tags and categories that matter for your business
● Library of predefined, customizable use cases● Visualize dynamic representations of audiences,
networks and discussion topics that highlight trends
● Get support from a team of experts
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Challenge ActivatingInsights
4. Activat
e Insight
s
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Solution
Beautiful visualization walls to distribute insights
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BonusChallenge
Clarifying questions from inside the business
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Solution
● Social research methodology is more flexible● Re-segment data as you go
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Example
Dry hair example
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What keeps you up at night?
• Fully understanding customers• Working more efficiently• How to best activate insights• Getting great quality questions from inside the business
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Key Takeaways
● Social intelligence support the full chain of activities● Social provides qualitative detailed and direct, raw
Voice of Customer● Social research methodology is more
flexible/exploratory
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Q&A