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Using Big Data to measure the Effectiveness of Viral Marketing Marshall Sponder October 23, 2013

NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

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Marshall Sponder: Use Big Data to Predict Viral Marketing October 23, 2013, 11am PT | 2pm ET Duration: 1 hour Marshall Sponder is CEO of Web Metrics Guru and an independent Web Analytics and SEO/SEM specialist working in the field of market research, social media, networking and PR. He provides digital data convergence generating ROI and develops data metrics, KPI’s and dashboards that drive businesses by setting and evaluating benchmarks. He lately focuses on social media metrics, having worked as a group leader at IBM and Monster, done contract work at Porter Novelli PR, small busines, and start-ups. Clients have included various B2B companies, the New York Times, architects, digital ad agencies, and more. He has provided Web tracking and attribution metrics for Gillette, Laughing Cow, and others. Marshall holds an MA in Media Studies form the NY Institute of Technology and possesses a Certificate of Marketing Management from the Baruch College, a NY Continuing Education Division. Register for this webinar - See more at: http://www.netbase.com/news-events/events/social-savvy-webinar-series/#sthash.GoeNv9U1.dpuf

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Page 1: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Using Big Data to measure the Effectiveness of Viral Marketing

Marshall Sponder October 23, 2013

Page 2: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

What does it take to identify, ideate, create

and track Viral Media Campaigns?

Page 3: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Data supporting

demand for Viral

Media, particularly

Viral and Social Videos

Page 4: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

35% of adults who post

videos online (11% of all

adult internet users)

hope to see their video

go viral.- Pew Report - Pew Internet

http://www.reelseo.com/online-video-uploads-double-years-35-hope-viral-report/

Page 5: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

The number of adult

Americans who watch online

video has risen to 78% while

those who upload video to

the internet has doubled

since 2008 from 14% to 31%.Source: PEW Report

Page 6: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

More people are enjoying Online Videos and

recommending them to their friends, augmenting viral spread

https://intelligence.businessinsider.com/how-social-video-is-replacing-cable-2013-6

Page 7: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

WOM is the most popular way to share content

that would go viral

https://intelligence.businessinsider.com/how-social-video-is-replacing-cable-2013-6

Page 8: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Photo and Video-Based Social Media

Gains Widespread Adoption Among Retailers

https://intelligence.businessinsider.com/photo-and-video-based-social-media-for-retail-2013-7

Page 9: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Facebook seems to be the best place to

embed Social Video (campaigns)

https://intelligence.businessinsider.com/how-social-video-is-replacing-cable-2013-6

Page 10: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

User generated content & professional (Paid Ads) are

the preferred way to create and spread Viral Video

https://intelligence.businessinsider.com/how-social-video-is-replacing-cable-2013-6

Page 11: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Viewers are affected when viewing strong

Video Content including Video Advertising

campaigns

Note: We started our inquiry around Social Videos because

that is Unruly area of focus and their secret sauce.

Page 12: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Exposure to Social Video campaign for Go Pro Hero 3 in the UK increased

likelihood of viewers to buy products and services ~400% than those not

exposed.

Page 13: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Emotions are at the root of Viral Marketing - we do not

share what we are not feeling strongly about"

Page 14: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

"The TV industry is at an inflection point now

with the introduction of new media, which is

expanding the need for a new kind of

analytics".

- David Poltrack, chief research officer at CBS

http://www.networkworld.com/news/2013/092313-gartner-big-data-274085.html

New Analytics are needed for New Media

Page 15: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

What is Big Data?

Source: www.idg.com.au/cio/events/futurestatecio/BigDataWhitePaper-May2013.pdf

Page 16: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Understanding and managing

“Big Data” is part of Social Video

and Viral Video Campaigns.

Platforms such as NetBase and

Unruly can be combined to

provide New Insights to drive

Actionable Results.

Page 17: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video
Page 18: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video
Page 19: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Good marketing research is relevant

and rigorous.

Relevance cannot be achieved

without rigor, but rigor can be

achieved without relevance.

- Karen Nelson-Field - Viral Marketing - The Science of Sharing

Page 20: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

The widely accepted view is that an

emotional response is important

in driving further cognitive or behavioral

responses.

Reactions to advertising-or anything else

for that matter-are rarely purely rational.

- Karen Nelson Field, Viral Marketing, The Science of Sharing

Page 21: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Explanation of the Brand Passion Index -

Will Content Spread?

Page 22: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Emotive Tracking for VIRAL Campaigns using NetBase

Page 23: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Scoring EMOTIONS and PASSION/INTENSITY can

be adapted to Social Campaign tracking

Page 24: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Scoring Strong Passion for a SPECIFIC EMOTION

NetBase can do something almost no other platform was built to

process - analyze text for any emotion and intensity

Page 25: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Brand Passion Index: Dancing with the

Stars Crushes the Competition | NetBase

http://www.netbase.com/sentiment/brand-passion-index-dancing-with-the-stars-crushes-the-competition/

NetBase is an unparalleled platform for understanding the feelings around any topic and can

be used to understand what topics and content could take off and become viral, and why

Page 26: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

NetBase recently launched TV Show Analysis Dashboard reveals at a

glance key metrics and real-time trends in audience reactions to

various TV/Cable shows (show: The Walking Dead].

Source: TV and Ads eBook – NetBase

Page 27: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

The NetBase TV

Show Analysis

Dashboard shows

key metrics and

real-time trends

in the audience

reaction and

passions at a

glance to any

content

programming.

Source: TV and Ads eBook – NetBase

Page 28: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

A Connection between TV Viewership and Twitter has been vindicated a

Nielsen study earlier this year and several recent acquisitions by

Twitter of Bluefin Labs, Trendrr and from Nielsen, SocialGuide

https://intelligence.businessinsider.com/the-twitter-advertising-system-2013-5

Nov?40%

Page 29: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Out of the Box NetBase is able, via TV Analytics, to identify individual

elements of a show, such as the characters against each other for

buzz and sentiment passion intensity.

Note: An additional step, based on this webinar, would be combining emotion tracking along

with the TV Analytics that NetBase provides and come up with what specific emotions and

effects Online Content has along with the effect the emotion has on Viral Sharing.

Source: TV and Ads eBook – NetBase

Page 30: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Episodes can be compared to each other on a range of criteria,

including Passion Intensity

Source: TV and Ads eBook – NetBase

Page 31: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Certain types of programming are more influenced by Tweets of

Viewers than others, particularly Competitive Reality (i.e.: The Voice),

Face Off, American Idol where both Unruly and NetBase have more data

to work with.

https://intelligence.businessinsider.com/the-second-screen-is-a-top-mobile-activity-2013-9

Page 32: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

https://intelligence.businessinsider.com/the-second-screen-is-a-top-mobile-activity-2013-9

The stakes for hitting it right with Socially Viral Media (esp.

online video campaigns) will be sky rocketing past 2016

Page 33: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Online Videos analyzed for Passion/Intensity/Sentiment

Unruly – Viral Video Chart 9/30 – Top Social Videos

Page 34: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

NetBase detects emotion and behavior much

easier than other platforms I have worked with

Page 35: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Arousal Valence Emotions Grid

Source: Karen Nelson-Field - Viral Marketing, The Science of Sharing, Table 3-2, page 24

Page 36: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Two factors of sharing –

psychological and Social motivations

Page 37: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video
Page 38: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Unruly Media Psychological Response

Note: The classification system above is similar but not identical to what Karen Nelson-

Field uses in her research on Viral Marketing and in her book on Social Sharing.

Page 39: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Reading Sentiment using NetBase

Hilarity Filter – this is one of 16 psychological filters I built using NetBase Composer

Page 40: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Ylvis - The Fox (What does the Fox say?) [Official music video HD]

Note: This video was shared by 1:13 people who viewed it.

Page 41: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Unruly Data on Ylvis The Fox corresponds to some extent with NetNase's Emotion sharing - reaffirming the link between

emotion and sharing

Page 42: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Want a Million Likes on Facebook?

It's All About the Re-shares

Source: Allfacebook.com

Page 43: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

STUDY: If A Facebook Post Hasn’t Gone Viral

In Three Hours, It Probably Won’t

Source: Allfacebook.com

Page 44: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Twitter explains how Chris Hadfield went viral |

Technology | theguardian.com

Page 45: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Facegroup » Twitter Video Virality - Chris Hadfield

Page 46: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Telekinetic Coffee Shop Surprise#1 on Unruly Viral

Video Chart as of 10/13/13

http://viralvideochart.unrulymedia.com/youtube?id=VlOxlSOr3_M

The video was shared 1:21 which is somewhat less than Ylvis the Fox

Page 47: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video
Page 48: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Astonishment drives many responses to top online

video (social) campaigns

Page 49: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Encoding Emotions is possible

using NetBase with Unruly

Page 50: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

The Value of using

NetBase and

platforms such as

Unruly to drive

marketing results

that are Actionable.

Page 51: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Figuring out, at least, partially what content is sharable

has high value to both Marketers and Creatives

https://intelligence.businessinsider.com/the-rise-of-native-advertising-2013-10

Page 52: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Facebook is a good way to spread viral content, esp.

for mobile based viral campaigns

https://intelligence.businessinsider.com/the-rise-of-native-advertising-2013-10

Page 53: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Video Ad Networks, Video Sites and Social Media are where

the Ad Spending and Viral Seeding funds are best spent

https://intelligence.businessinsider.com/the-rise-of-native-advertising-2013-10

Page 54: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Brands Get Beyond Hype when they connect emotive,

sharable content with powerful social tactics

https://intelligence.businessinsider.com/earned-media-on-social-beyond-the-hype-2013-7

Page 55: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Rutgers University & Unruly partnering to create a

course about the details around Creating Viral Media

(using Big Data)

Launching late 2013

Page 56: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Wh

at is

on

the

Un

ruly M

en

u?

Page 57: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Practical Takeaways

NetBase can be used along with Unruly Viral Video Chart to understand not only what

is trending, but why - and which direction it will go next. Net offering such as TV

Analytics can benefit by understanding both passion points and emotion tracking that

lead to Viral Spreading of content,

Content can be tested to see how it scores on emotion based on the panel that exists

on the internet (that comments on the content).

Using Unruly Viral Video Chart we were able to derive the ratio between viewing

content and sharing it - this can be monitored to find out what is really catching on

(going viral) and when it happens.

Using NetBase, we can learn what emotions are stimulating to specific audience, map

audience based on emotions (not done here) and begin to build predictive models of

what content will be stimulating to audiences you're trying to reach.

Page 58: NetBase Social Savvy Webinar on Social Sharing and Socially Viral Video

Thank You!

Marshall Sponder

CEO, WebMetricsGuru INC

www.webmetricsguru.com

@WebMetricsGuru

[email protected]

Facebook.com - SocialMediaForTheArts