Create Values from Big Data & Social Media Mash-Up

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Social Media Mash-up Pam Didner (@pamdidner) Global Integrated Marketing Manager reate Values from Big Data & #omsummit, @omsummit

description

The term, Big Data, sounds overwhelming. By breaking down Big Data into four different quadrants [Booz & company model], Pam Didner shares a simple process for marketers to tackle big data. It's very vital to clearly identify what you want to solve and select the right tools to conduct your analysis. Separating signal from the noise is an essential skill that marketers will need to develop. Insight from big data, like fashion, is constantly changing. Searching insight from big data is like crafting the art which is never finished. It's an on-going effort.

Transcript of Create Values from Big Data & Social Media Mash-Up

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Social Media Mash-up Pam Didner (@pamdidner)

Global Integrated Marketing Manager

Create Values from Big Data

&

#omsummit, @omsummit

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Big Data

Insight

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Big Data comes in different forms...

External Sensor Data

Source: “Benefitting from Big Data” from Ramesh Nair and Andy Narayanan, Booz & Co.

Mobile Phone / GPS

Credit History

Travel History

Real Estate Records Census

Data

CRM Web Profiles

Sales Records

HR Records

Financials Inventory

Google+ Facebook

Twitter Instagram

BlogsPinterest

External Sensor Data

Online Forums

Web Feeds

Sensor Data

SharePoint

Text Documents

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The Realities...

Reality 1:No one tool is able to pull data from four quadrants.

Reality 2:

Big Data requires testing assumptions and optimization.

Reality 3: Insight from Big Data is assumptive.

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Create Value from Big Data and Social Media

Define the problem to be solved

Define your knowns

and unknowns

Find the appropriate

tools

Test hypotheses & optimize

Draw assumptive

insights

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Case Study Leverages Structured and Unstructured Data

Mobile Phone / GPS

Credit History

Travel History

Real Estate RecordsCensus Data

CRM Web Profiles

Sales Records

HR Records

Financials Inventory

Google+ Facebook

Twitter Instagram

BlogsPinterest

External Sensor Data

Online ForumsWeb Feeds

Sensor Data

SharePoint

Text Documents

Quant. Research

Sysomos/Radiant 6Listening

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Case Study: Aid Strategy Setting

Process

1. Define what you want to solve.

Is Intel perceived as a thought leader in cloud computing?

How does Intel compare among industry leaders?

Should Intel launch a cloud campaign?

2. Know your knowns and unknowns.

Known: Major Leaders in Cloud Computing

Known: Key Words for search

Partly Unknown: What is the current Cloud Computing landscape?

Unknown: Where does Intel stand? Intel’s share of voice?

3. Select appropriate tools.

Sysomos (Listening and Monitoring Tool)

On-line Survey in three countries

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Social Listening: Share of Voice

A B C D E F Intel G H I J K L M

193,871 157,269113,70

2112,86

193,608 77,101 64,455 46,791 31,197 24,384 19,098 4,516 3,344 2,895

#7

21%

17%

12%12%

10%

8%

7%

5%

3%3% 2% 0% 0% 0%

Share of Voice

0

2000

4000

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Social Listening: Share of Voice

A B C D E F Intel G H I J K L M

193,871 157,269113,70

2112,86

193,608 77,101 64,455 46,791 31,197 24,384 19,098 4,516 3,344 2,895

#7

Intel experienced heightened activity between September 10th and 14th 2012. Discussions around the IDF2012 drove Buzz.

A spike on April 24, 2012 for A company is seen due to the major product launch.

Significant increase in activity for B company is observed between the 21st and 31st of August 2012 due to the launch of its Software Suite.

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Case Study: Aid Strategy Setting

Process

4. Test hypotheses

and optimize.

Sysomos: Filter un-relevant data and adjust key words.

On-line survey: Determine aided and unaided results.

5. Draw assumptive insights.

Sysomos data doesn’t fully align with on-line survey results.

Intel is in the middle of the pack.

The targeted audience is open to hear Intel’s cloud vision.

Action: Introduce Intel’s cloud vision as a key strategic initiative.

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On-Domain: Omniture

Top IP Countries

Top Referral Source

Top Languages

Shares Per Visit

Top Shares

Top Downloads

Top Blog Posts

Top 3 Actionable Insights

Off-Domain Owned:Sprinklr

Click through rate

Top Content

Top Content by Category

Channel Playlist Views

Top Video Views

Total Impressions (Combined)

Top Interactions (Combined)

Top Time of Interactions

Top Time for Impressions

Competitive Analysis

Off-Domain Non-Owned:

Sysomos

Share of Voice

Mentions per Network

Top Influencers

Top Used Keywords

Sentiment Analysis

Gender Profile

Demographic Changes

Top Geographic Regions

Top Trending Subjects

Weekly Actionable Insights

Future Case Study: Break down data silos

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Three Key Takeaways

1: Clearly define what you want to solve.

2: Separate signal from the noise.

3:

Constantly test your insights.

There Is No Short Cut!