Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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Transcript of Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Social Secrets to Drive Campaigns,!Increase Revenue, and Predict Elections!

#netbaselive!

Today’s Speakers!

Hallie Wright!Content Strategist!

Santy!@hallie495!

Mike Baglietto!Sr. Product Marketing Manager!

NetBase!@mike_baglietto!

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Agenda!

4! Can social analytics predict election results? !

5! Q&A!

3! Predicting outcomes (Credit Suisse case study)!

2! Using social to drive strategy, increase revenue, and improve campaign success !

1! Importance of social to solve business problems!

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!ENTERPRISE SCALE SOCIAL !

MEDIA ANALYTICS !THE WORLD’S FASTEST AND MOST-ACCURATE PLATFORM "

USED BY SOCIALLY-POWERED BRANDS EVERYWHERE !

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Recognized as a Leader by Analysts and Customers!

NetBase named Leader !in Social Media Suites!

NOV 2015!

NetBase ranks at top in !Social Media Monitoring Tools !

NOV 2015!

Best In Class!CGT Reader’s Choice!

NOV 2015!

NetBase rated a Leader !The Forrester WaveTM: Enterprise

Listening Platforms !Q1 2016!

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ENTERPRISE-SCALE SOCIAL MEDIA ANALYTICS!

© 2015 NetBase Solutions. All Rights Reserved Worldwide.!

Importance of Social to Solve Problems!

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Drive revenue by improving campaign performance!

Manage risk by identifying social decision situations !

Improve retention by understanding consumer sentiment!

ENTERPRISE-SCALE SOCIAL MEDIA ANALYTICS!

© 2015 NetBase Solutions. All Rights Reserved Worldwide.! #netbaselive!

What is the impact of the conversation?!

Issue! Industry!

How big is the conversation in relation to others?!

Previous!Issue!

Parallel!Issue!

Parallel!Issue!

Previous!Issue!

Are attitudes in line with other issues? !

1. Volume!

Net Sentiment!

-10! -30! -40!

50! 25! 5!

Who is driving the conversation?!

Where is conversation happening?!

Reach!

Volume!

Influence!

Type! Popular!

Understand The Context Around The Conversation!2. Sentiment! 3. Who is Talking!

How strongly do people feel? !

Using social to drive strategy, increase revenue, and improve campaign success !

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CLIENT " PROJECT!

Determine Brand Relevance & Opportunity

!! What do people really care about?!!! What does that mean for your brand? !!! What does it mean for your business?!

!"#$%&'#()*#+

Uncover New Market Opportunities

!! Global Snack brand wanted to better understand how they could enter the social space !

!! Their goal was to grow social footprint in U.S. and introduce the snack to audiences in a unique but relatable way.!

!

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!! Customer attitudes and behavior!!! Top sources of existing brand conversations and

opportunities to gain share of voice!!! Position in competitive landscape!

Social to Inform Campaign Strategy

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Recommended Channel Strategy

Loyal brand following

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Identified Major DMAs for Targeted Media

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Behaviors+ Emotions+

Insights to Drive Campaign Strategy

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“Pocky Day” Campaign Results

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4X!

!"#$%&'#()*#+

Brand Mentions Relative to Competition

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Smaller Share of Voice

Brand Results: Sept 2015 – March 2016

Social footprint +870%!

!"#$%&'#()*#+

Mentions+ Potential Impressions+

60%!

70%! 133%!(610,401)+

Posts+(526,788)+

(230,007,528)+

!"#$%&'()*+%,-&(.&/#01%2&3)*,+4&567'8*++

Channels !for

Engagement!

Favorite Travel

Benefits!

Attitudes !and !

Perceptions!

!! Customer attitudes about key brand “touch points”!!! Top sources of existing brand conversations!!! Key personas for communication strategy targeting!

Use Social Intelligence to Identify

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Channels with Highest Brand Mentions

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Primary Channel Demographics

Twitter*!471K mentions!Largest Age Range: 18-34!HHI: $75,000+ !Male: 48%!Female: 52%!Bachelors: 28%!Some college: 49%!!!

ThePointsGuy** !5K mentions!Median age: 34!HHI: $100,000!Male: 77%!Female: 33% Bachelors 36% !!!!

Reddit***!3K mentions!Median Age: 35!HHI: $68,000!Male: 64%!Female: 34%!Bachelors: 35%!Graduate: 12%!Some College: 39%!

!!

*Pew, Demographics of Key Social Networks, 2014, 2010 U.S. Census, KISSmetrics, Who Likes What?!**The Points Guy 2014 Media Kit!***2014 Reddit Media Kit, 2011 Reddit Survey!! ! !"#$%&'#()*#+

Identify Favorite Program Features

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Mobile App+ Website+

Direct Users to the Best Brand Experience

!"#$%&'#()*#+

Strategic Recommendations

!! Channel-specific strategy: Twitter as "hub" for communicating with key customer segment!

!! Highlight first-class upgrades over all other loyalty program perks!

!! Drive traffic to mobile app experience over website (and, prioritize web updates)"!

!"#$%&'#()*#+

Predicting Outcomes with Social!

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ENTERPRISE-SCALE SOCIAL MEDIA ANALYTICS!

© 2015 NetBase Solutions. All Rights Reserved Worldwide.!

The bank [Credit Suisse], it turns out, has teamed up with an online analytics firm called NetBase to develop a tool within the fashion big-data game, to better be able to advise clients about what brands may or may not find consumer favor in months

to come…!

,+

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The Old Model Didn’t Work Well!

Focus groups!

Store checks!

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Small sample surveys!

Predicting Which Brands to Bank On!

Identify moments of inflection that companies and investors often miss!

Use Net Sentiment relative to brand peer groups over time!

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Look for a shift in how consumers are talking about brands over time!

Coach - The Peak Moment!

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Coach - Behind the Scenes!

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Coach – High % of Negative Discussions!

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Banking on Chipotle!

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Using Social to Predict Election Results!

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“Were it not for the Internet, Barack Obama would not be president.!Were it not for the Internet, Barack Obama would not have been the nominee.”!

! ! ! !-Arianna Huffington!

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Source: Pew Research!

Social Analytics and Election Results

35% of registered voters feel more personally connected when following a political candidate!

26% of registered voters find information from politicians’ social networking sites “more reliable” than that of traditional news organizations!

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-.+-.+#netbaselive!

Social Analytics and Election Results

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National Volume, Sentiment, and Passion

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Iowa Sentiment towards Candidates

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Our Predictions Were Correct!

Leading Candidates Over Last 3 Months

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Finally, no matter the candidate, !the top emoji used in mentions about them is ….!

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http://www.netbase.com/presidential-elections2016!

In Summary!

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Use social to inform and improve campaign strategy!

Identify opportunities to engage your customers!

Predict outcomes using SOV, net sentiment, and passion!

T R U S T E D B Y T H E W O R L D ’ S T O P B R A N D S . !!

NetBase helps them analyze millions of social media posts, process real-time data, and support every facet of business. !

Learn more at NetBase.com | call 1-855-762-6764!