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Social Secrets to Drive Campaigns, Increase Revenue, and Predict Elections #netbaselive

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

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Page 1: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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

#netbaselive!

Page 2: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Today’s Speakers!

Hallie Wright!Content Strategist!

Santy!@hallie495!

Mike Baglietto!Sr. Product Marketing Manager!

NetBase!@mike_baglietto!

#netbaselive!

Page 3: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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!

#netbaselive!

Page 4: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

!ENTERPRISE SCALE SOCIAL !

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

USED BY SOCIALLY-POWERED BRANDS EVERYWHERE !

#netbaselive!

Page 5: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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!

#netbaselive!

Page 6: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

ENTERPRISE-SCALE SOCIAL MEDIA ANALYTICS!

© 2015 NetBase Solutions. All Rights Reserved Worldwide.!

Importance of Social to Solve Problems!

#netbaselive!

Drive revenue by improving campaign performance!

Manage risk by identifying social decision situations !

Improve retention by understanding consumer sentiment!

Page 7: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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? !

Page 8: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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

#netbaselive!

Page 9: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

CLIENT " PROJECT!

Page 10: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Determine Brand Relevance & Opportunity

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

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

Page 11: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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.!

!

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

Page 12: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

!! 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

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

Page 13: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Recommended Channel Strategy

Loyal brand following

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

Page 14: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Identified Major DMAs for Targeted Media

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

Page 15: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Behaviors+ Emotions+

Insights to Drive Campaign Strategy

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

Page 16: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

“Pocky Day” Campaign Results

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

4X!

Page 17: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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

Brand Mentions Relative to Competition

Page 18: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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

Smaller Share of Voice

Page 19: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Brand Results: Sept 2015 – March 2016

Social footprint +870%!

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

Mentions+ Potential Impressions+

60%!

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

Posts+(526,788)+

(230,007,528)+

Page 20: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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

Channels !for

Engagement!

Favorite Travel

Benefits!

Attitudes !and !

Perceptions!

Page 21: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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

Use Social Intelligence to Identify

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

Page 22: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Channels with Highest Brand Mentions

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

Page 23: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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

Page 24: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Identify Favorite Program Features

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

Page 25: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Mobile App+ Website+

Direct Users to the Best Brand Experience

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

Page 26: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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)"!

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

Page 27: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Predicting Outcomes with Social!

#netbaselive!

Page 28: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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…!

,+

#netbaselive!

Page 29: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

The Old Model Didn’t Work Well!

Focus groups!

Store checks!

#netbaselive!

Small sample surveys!

Page 30: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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!

#netbaselive!

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

Page 31: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Coach - The Peak Moment!

#netbaselive!

Page 32: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Coach - Behind the Scenes!

#netbaselive!

Page 33: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Coach – High % of Negative Discussions!

#netbaselive!

Page 34: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Banking on Chipotle!

#netbaselive!

Page 35: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Using Social to Predict Election Results!

#netbaselive!

Page 36: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

“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!

#netbaselive!

Page 37: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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!

#netbaselive!

Page 38: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

-.+-.+#netbaselive!

Page 39: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Social Analytics and Election Results

#netbaselive!

Page 40: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

National Volume, Sentiment, and Passion

#netbaselive!

Page 41: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Iowa Sentiment towards Candidates

#netbaselive!

Page 42: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

#netbaselive!

Our Predictions Were Correct!

Page 43: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

Leading Candidates Over Last 3 Months

#netbaselive!

Page 44: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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

#netbaselive!

Page 45: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

#netbaselive!

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

Page 46: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

In Summary!

#netbaselive!

1

2

3

Use social to inform and improve campaign strategy!

Identify opportunities to engage your customers!

Predict outcomes using SOV, net sentiment, and passion!

Page 47: Webinar: Social Secrets to Drive Campaigns, Increase Revenue and Predict Elections

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!