Social Media and Competitive Intelligence

25
CI in a Web 2.0 World Tim Walker – Hoover's, Inc. 24 April 2009

description

Given by Tim Walker of Hoover's, Inc. at the 2009 annual meeting of the Society of Competitive Intelligence Professionals (SCIP)

Transcript of Social Media and Competitive Intelligence

Page 1: Social Media and Competitive Intelligence

CI in a Web 2.0 World

Tim Walker – Hoover's, Inc.

24 April 2009

Page 2: Social Media and Competitive Intelligence

Humbly offered . . .

Page 3: Social Media and Competitive Intelligence

Itinerary

Page 4: Social Media and Competitive Intelligence

Which Web are we on?

Web 1.0

Web 2.0

Web 3.0

. . .

Web 2009.04.24

Page 5: Social Media and Competitive Intelligence
Page 6: Social Media and Competitive Intelligence

Social Media

~blogs~Flickr~wikis~listservs. . . etc.

Page 7: Social Media and Competitive Intelligence

What about you?

Page 8: Social Media and Competitive Intelligence

Mass

Mature

B-to-B B-to-C

Startup

Niche

Page 9: Social Media and Competitive Intelligence

Collection

Page 10: Social Media and Competitive Intelligence

The problem of search

Page 11: Social Media and Competitive Intelligence

The blessing of RSS

Page 12: Social Media and Competitive Intelligence

First steps

• Planning (+ exploring)

• Specialist blogs + RSS

• Google alerts + RSS

• Twitter search + RSS

• LinkedIn groups + Q&A

Page 13: Social Media and Competitive Intelligence

Processing

Page 14: Social Media and Competitive Intelligence

Two modes

Formal /

Analytic

Page 15: Social Media and Competitive Intelligence

Two modes

Informal /

Emotive

Page 16: Social Media and Competitive Intelligence

The emotive social Web

• Awareness of brand, product, etc.

• Sentiment

• Narrative

Page 17: Social Media and Competitive Intelligence

People talking

Page 18: Social Media and Competitive Intelligence

Contexts

• Vendors, employers, partners

• Hiring & firing

• Speeches & reactions

• “Citizen journalism”

• Etc.

Page 19: Social Media and Competitive Intelligence

Implications

• Market share / position

• Social brand management

• New tactics

• Etc.

Page 20: Social Media and Competitive Intelligence

Validation

Page 21: Social Media and Competitive Intelligence

Partnership

Page 22: Social Media and Competitive Intelligence

Evidence in context

Page 23: Social Media and Competitive Intelligence

A new type of game

Page 24: Social Media and Competitive Intelligence

An evolving ecosystem