Using Measurement Tools to Gain Insights into your Social Media Audience

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The Digital Marke.ng Experts Using Measurement Tools to Gain Social Media Insights Dr. Mathew McDougall CEO, Digital Jungle

description

My presentation that I delivered at SES Hong Kong (21st Sept 2011). Interesting case study on Mercedes-Benz using social media analytics to determine social media engagement, share of voice, geographic coverage and volume of online buzz (only a few of the many data points from the research)... A useful presentation for people wanting more information about this type of technology.

Transcript of Using Measurement Tools to Gain Insights into your Social Media Audience

Page 1: Using Measurement Tools to Gain Insights into your Social Media Audience

The  Digital  Marke.ng  Experts  

Using Measurement Tools to Gain Social Media Insights

Dr. Mathew McDougall CEO, Digital Jungle

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Lets use some questions to help us get started

•  The differences between monitoring and measurement

•  What are the types of data points we can use?

•  Let’s take a look at a Social Media monitoring tool

•  What each can do for your organization

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Lets get the definitions straight

Monitoring is ...

watching or listening to conversations in order to determine a course of action

Measurement is ...

quantifying or qualifying online activity to establish success,failure or comparison

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If you are monitoring

•  Improve branding & awareness

•  Protect/Improve reputation

•  Build community/advocacy

•  Increase customer satisfaction

•  Harvest research

•  Drive sales/leads

Monitoring is ...

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If you are measuring

•  Protect your reputation

•  Facilitate customer support

•  Invite innovation

•  Build trust

•  Market through conversation •  Gather business intelligence

Measurement is ...

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Tip #1

Before you start - Set Goals…. None of these things happen if you don’t first know what you’re trying to accomplish!

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Monitoring Data (KPI’s)

Monitoring Data (KPIs) • Volume of conversation • Sentiment & tone around your brand • Conversational market-share • Competition comparison • Audience characteristics

• Related topics • Influential voices • Location of conversations • Brand mentions • Service issues/needs • Real-time opportunity

Monitoring ...

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Measurement Data (KPI’s)

Monitoring Data (KPIs) Website metrics

• Traffic • Social outpost traffic

Conversions • Sales • Leads • Downloads

Search metrics • Rankings • Backlinks

Share metrics • Shares • Click throughs

Social audience metrics •  Fans/Followers/Friends •  Outpost activity •  User-generated content •  Comments •  Ratings/Reviews •  Volume of conversation •  Sentiment & tone •  Conversational marketshare •  Competition comparison •  Audience characteristics •  Bookmarks •  Referrals

Measurement ...

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Tip # 2

Monitoring metrics ...

tell’s you who is saying what, when and where

Measurement metrics ...

tell’s you what you’re getting out of it

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•  CLAY HBERT

•  FOUNDER & CHIEF ENGAGEMENT

OFFICER, TRIBES WIN

•  Set clear objectives and goals

•  Select measurement and/or monitoring metrics that provide insights for your selected goals

•  Combine web analytics with your social media monitoring

•  Identify owners for measurement and monitoring

•  Use technology where possible to ensure consistency of data and automating of collecting/reporting

Recommendations ...

Recommendations

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TO START, WE NEED TO…

Understand what each does

Know what reports we can get out of

them

See the tools

Know how to set them up

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The Freebie Tools •  Technorati (authority, links) •  Del.icio.us (quality/type) •  Google Analytics (traffic) •  Google Alerts •  Feedburner (subscribers) •  Compete/Alexa (relative traffic) •  Appsholic (social media) •  Video/photo (YouTube, flickr) •  Social bookmarks (Digg/Stumble Upon) •  Forums (Boardtracker/Twing) •  Communities, widgets •  uberVu (freemium) •  BoardTracker •  IceRocket •  Social Mention

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Common issues with free tools…

• Limited data

• Limited functionality

• Most reporting is manual • RSS

But sometimes the free stuff can have some problems…

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a number of very powerful paid tools

The Paid Tools

SIP:Enterprise (SinoTech Group) Alterian SM2 Lithium Radian6 Sysomos Trackur Visible Technologies Dozens more….

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SOCIAL MEDIA MONITORING HAS SOME CONSIDERATIONS

Data accuracy and language semantics

Setup and configuration

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Getting started with the tools

The hardest part of the tools is….

•  Setting Up Your Searches

•  Insist on assistance from vendor

•  Expect trial and error

•  Be patient

•  Understand 100% accuracy is not possible

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Getting started with the tools

And a special mention….. about accuracy

•  Sentiment analysis is not an exact science •  Context, sarcasm and tone are killers

coincidences

•  Totality of web not possible •  Variations in results •  Think averages and trends… not exacts

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Management loves reports

Reporting – Manual vs. Automatic

coincidences

•  Automatic can produce disparate reports (style,data,etc.)

•  Automatic a can offer real-time data

•  Manual is time consuming

•  Automatic is easier

Did I mention… Manual is time consuming

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Thinking back…

Measurement Recap….

coincidences

•  Remember what we are trying to accomplish

•  Select reports that reflect the key performance indicators of those goals

•  Produce different reports for different stakeholders

•  Automate as much as you can

•  Contextualize with summary

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DEEPER DIVE, LETS LOOK AT ONE…

SIP:Enterprise, a specialized Chinese language social media

platform… that also monitors in 12 other languages

What tool are we going to

take a look at?

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SIP:Enterprise Dashboard

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SIP:Enterprise Dashboard

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An example

Who are my fans?

Where are my fans?

What sites am I talked

about? Men?

Age?

Are they Positive?

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Mercedes-Benz – Deep Dive

Men.ons  

Site  Analysis  Geographic  Distribu.on  

Share  of  Voice  

BRAND  

Geographic distribution focused on the eastern cities

SOV spread through Portals, Microblogs, Social Networks & BBS/

Forums Strong voice from douban.com

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Model:  A3  Men.ons  

Site  Analysis  Geographic  Distribu.on  

Share  of  Voice  

Geographic distribution focused on the eastern cities. With a high intensity in

Beijing and Shanghai SOV spread through Portals, Social

Networks & BBS/forums High number of mentions from

seller.cheshi.com

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Detailed Analysis

Share of voice by car brand

Breakdown by car brand

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Auto Scorecard (Models)

The auto scorecard ranks the 5 automotive models based on a defined criteria list. Fuel Economy: Lexus CT200h, Audi A3 and Mercedes-Benz A Class all ranked highly in fuel economy Value For Money: Audi A3, BMW 1 Series and Infinity G25 were all considered good value for money Safety: Lexus CT200h and the BMW 1 Series ranked highly in safety Sportiness: Audi A3, Infinity G25 and BMW 1 Series ranked well in sportiness Quietness: Lexus CT200h and Audio A3 ranked highly in quietness

Comparison by car features

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Things to remember

•  Set Goals

•  Translate to Calls-To-Action

•  Measure it

•  Trend & Track other KPIs

•  But don’t get distracted!

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Thank  you!  

Chief  Execu.ve  Officer  

Dr. Mathew McDougall!My presentations on Slideshare: www.slideshare.net/digitaljungle

Follow on Twitter: @sinotechian

Connect on Linkedin: www.linkedin.com/in/drmathewmcdougall

Read my blog: www.dmic.asia

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