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Social Data Analytics
  Understanding social data types, segmenting social consumers and social data integration




Nov 2011
Agenda


• Learn about the different social data types


• Learn how to identify social customer segments


• Learn how to integrate social consumer data with
  internal customer data
Social Data Types
 (Way Beyond “Likes”)
Social Participation Skyrockets




                   And so does data generation….
Social Data Explosion
More than 900 million objects that                        More than 200 million
people interact with each day (pages,                     Tweets per day
groups, events and community pages)




                                                                                                          These activities
                                                                                                          generate
                                                                                                          valuable social
                                                                                                          data that can
                                                                                                          reveal NEW
                                                                                                          knowledge
                                                                                                          about consumer
                                                                                                          behavior




                                           More than 3
                                           million                                More than 3 billion
                                           checkins per                           videos viewed per day
                                           day



Sources: Facebook, Twitter, YouTube, Foursquare
Example: Anatomy of a Tweet


                     Tweet Meta-data
                     may contain:

                     -Demographic data
                     -Psychographic data
                     -Location data
                     -Intention data
                     -Referral data
                     -Sharing data
Companies Struggling to Cope




   Data generation is rapidly
   outpacing our ability to
   manage and understand
   how to use it.




Sources: IBM CMO Study http://bit.ly/shpHb3
Resources and Needs Not Aligned


    The talent gap is widening.
    Current supply is a shallow
    pool that cannot meet
    growing demands.

    Hiring from the outside isn’t
    the silver bullet (or even a
    realistic option in many
    cases). Internal education is
    critical.




Sources: IBM CMO Study http://bit.ly/shpHb3
Use the Right Data for the Job


                                  Q: Is social
                              contributing to our
                               enterprise goals?




A: Well, we have
2,834 Facebook
                            That’s not cutting it!
    Likes…
The Social Data Tree
                                     Location
                        Behavioral                    Sharing


                                                                Referral


          Intention

                                                Brand/Product
Psychographic




          Demographic
Demographic Data



               Age                                                      Education




                           Gender                              Income

                                              Race




-   Used for making broad generalizations about groups of people
-   Most common data type used
-   Has limitations. Not all individuals will conform to the profile
-   Table stakes. Start here and layer on other data types
Psychographic Data



           Personality                                               Lifestyles




                                                         Interest
                         Values
                                                         s
                                        Attitude




- Combined with demographics, used for highly targeted outreach and/or advertising
- Self reported by consumers on social platforms
- Gives companies opportunities to better understand and align with consumer needs, wants
  and expectations. (a.k.a. to be helpful and relevant).
Intention Data



              Desired                                                       Planned
              State                                                         Events




                           Desired                            Planned
                           Product                            Activities




- Good for understanding what consumers “want” or “want to do”
- Least accurate data type, can lack contextual relevant details (ex: in-market)
Behavioral Data




                         Past actions, activities that can be used as a
                         predictor of future intentions




- Allows companies to more appropriately target segments for better marketing results
- Allows companies to use personal preferences and interests to move closer to a true one-to-
  one relationship with their customers
Location Data



                               Physical location of a consumer




-   Provides contextual understanding at a certain point in time
-   Can trigger contextually relevant promotions and/or rewards
-   Can be used to identify intent
-   Provides opportunity for brands to improve offline customer experiences by understanding
    behavior patterns in location and opinions shared with it
Referral Data



             Ratings                                                    Rewards




                                                           Non-Verbal
                         Reviews
                                                           Gestures




- Can be used to identify brand promoters, detractors
- Provides insight into product/service attributes matter most
Brand/Product Data



                              Brand/Product related conversations




                  Product
                  Attribute                                         Conversation
                  s                        Product                  types
                                           Measures




- Can provide richer understanding of consumer perspective on specific aspects of products
  and/or brand measures
- Represents unfiltered consumer feedback
- Helpful in optimizing product launches, product development roadmaps, and content
  strategies
Sharing Data



            Reach                                                     Clicks




                                                         Conversion
                        Shares                           s

                                        Generational
                                        Sharing




- Identify brand advocates that actively spread branded content
- Learn how branded content travels through generational sharing
- Understand word of mouth, what they share, why they share it
Social Data Segmentation
      (Segment or Die)
Aggregate is the Enemy

             “All data in aggregate is crap”
                    –Avinash Kaushik

All Visitors?
Total Pageviews?
Total Likes?
People Talking About This?
                             =   Gratuitous Data Puking
Followers/Fans/Friends?

The list goes on…..
Social Segmentation Benefits
Why should Analysts care?
         -Find the answers to the “why” and “how” questions of consumer
behavior
         -Go beyond data puking! (no more “hits” reporting)
Why should Marketers care?
         -Get closer to the nirvana of personalized, one-to-one relationship w/
         consumers. Build value into every engagement!

         -Experiences and information need the right audience first and
         foremost Find the right audience.

         -Improved targeting (outreach/advertising) Ex: Facebook uses a
         combination of demo, psycho, product, location, and referral data

         -Identify and convert the most profitable customer segments

         -Prioritize consumer segments and align marketing investment against
         it (we can measure their outcomes!)
Social Segmentation Methodology
                1. Find a unique ID (email, twitter handle, linked profile, etc…)



                            2. Search social profiles using unique id



                              3. Calculate and match to individual



4. Expansion. Build out social profiles of specific individual, across data types mentioned above



            5. Optional: content consumption/creation mapping, influence analysis



                       6. Scale across your unique ID list (aka customer)



                                      7. Segment results.
Social Segmentation Tools/Vendors
      Main Capabilities
Aggregates user information
by resolving email addresses
or social networking handles


  Some offer APIs that can
  match email addresses to
profile URLs across 125 social
          networks

  Can integrate with offline
     data sources as well
(telephone, identity, location)
Social Segmentation Tools/Vendors
Capabilities                      FlipTop    FullContact      Qwerly           PeekYou   Rapleaf         Rapportive   Spokeo

Social affiliations (profiles)

Demographics

Geographic

Interests

Career/Education

Wealth/Finance

Health

Linked URLs

Reverse email search

Reverse phone search

API access

Partner with 3rd party info

Influencer Measurement

                                 Available           Available but not comprehensive       Unavailable
                                                                                                                          2
                                                                                                                          4
Social Segmentation Examples

                                    People search by
                                    username/profile
                                         name




                      Social profiles
                   identified and tied
                     to real identity
Social Segmentation Examples




Segment Non-Social Visitors from
Social Visitors
‣ Value of FB Fans and social
engagement
‣ Leverage messaging tactics for
performance improvement and
increased conversions
Social Segmentation Examples
            Empirical research suggests that the lifetime value of a promoter is worth
            at least 4-5x that of passives (neutral customers) or detractors (unhappy
            customers).

            Promoters buy more often, spend more, refer more, and cost less to
            acquire and serve.



Net Promoter ScoreTM is a customer loyalty metric developed by Fred
Reichheld, Bain & Company, and Satmetrix. It categorizes customers
into three segments; promoters, passives, and detractors.
Social Data Integration
     (bridging the gap)
This is just the beginning…


 “The merger of unstructured and
 structured data will fuel the next
revolution in business intelligence”
                  -Prasanna Dhore
          Global Customer Intelligence, HP
Why Social Data Integration?
Social Data Integration Framework
Social Data Integration Example - HP
                   Unstructured data: product
                   conversations from social media




                    Structured data: purchase and service
                    history from crm and support
                    databases
Social Data Integration Example - HP




Classify each product conversation from social according to product attributes
Social Data Integration Example - HP




Connect the dots to structured sales and service data. Improve sales forecasting
and service/support resource management
Social Data Integration Example - HP

HP Social Data Integration Results:

-Strong social data signals about a product were a
leading indicator for increased sales and
registrations (use cases: marketing optimization by spend, audience and channel)

-Strong negative sentiment in media signals about
a product were a leading indicator of increased
support tickets/calls (use cases: operations efficiency. Managing customer support resources)
Ken Burbary
VP, Group Director, Social Strategy & Analysis
ken.burbary@digitas.com
@kenburbary
http://www.digitas.com
http://www.kenburbary.com

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Social Data Analytics - Consumer Segmentation

  • 1. Social Data Analytics Understanding social data types, segmenting social consumers and social data integration Nov 2011
  • 2. Agenda • Learn about the different social data types • Learn how to identify social customer segments • Learn how to integrate social consumer data with internal customer data
  • 3. Social Data Types (Way Beyond “Likes”)
  • 4. Social Participation Skyrockets And so does data generation….
  • 5. Social Data Explosion More than 900 million objects that More than 200 million people interact with each day (pages, Tweets per day groups, events and community pages) These activities generate valuable social data that can reveal NEW knowledge about consumer behavior More than 3 million More than 3 billion checkins per videos viewed per day day Sources: Facebook, Twitter, YouTube, Foursquare
  • 6. Example: Anatomy of a Tweet Tweet Meta-data may contain: -Demographic data -Psychographic data -Location data -Intention data -Referral data -Sharing data
  • 7. Companies Struggling to Cope Data generation is rapidly outpacing our ability to manage and understand how to use it. Sources: IBM CMO Study http://bit.ly/shpHb3
  • 8. Resources and Needs Not Aligned The talent gap is widening. Current supply is a shallow pool that cannot meet growing demands. Hiring from the outside isn’t the silver bullet (or even a realistic option in many cases). Internal education is critical. Sources: IBM CMO Study http://bit.ly/shpHb3
  • 9. Use the Right Data for the Job Q: Is social contributing to our enterprise goals? A: Well, we have 2,834 Facebook That’s not cutting it! Likes…
  • 10. The Social Data Tree Location Behavioral Sharing Referral Intention Brand/Product Psychographic Demographic
  • 11. Demographic Data Age Education Gender Income Race - Used for making broad generalizations about groups of people - Most common data type used - Has limitations. Not all individuals will conform to the profile - Table stakes. Start here and layer on other data types
  • 12. Psychographic Data Personality Lifestyles Interest Values s Attitude - Combined with demographics, used for highly targeted outreach and/or advertising - Self reported by consumers on social platforms - Gives companies opportunities to better understand and align with consumer needs, wants and expectations. (a.k.a. to be helpful and relevant).
  • 13. Intention Data Desired Planned State Events Desired Planned Product Activities - Good for understanding what consumers “want” or “want to do” - Least accurate data type, can lack contextual relevant details (ex: in-market)
  • 14. Behavioral Data Past actions, activities that can be used as a predictor of future intentions - Allows companies to more appropriately target segments for better marketing results - Allows companies to use personal preferences and interests to move closer to a true one-to- one relationship with their customers
  • 15. Location Data Physical location of a consumer - Provides contextual understanding at a certain point in time - Can trigger contextually relevant promotions and/or rewards - Can be used to identify intent - Provides opportunity for brands to improve offline customer experiences by understanding behavior patterns in location and opinions shared with it
  • 16. Referral Data Ratings Rewards Non-Verbal Reviews Gestures - Can be used to identify brand promoters, detractors - Provides insight into product/service attributes matter most
  • 17. Brand/Product Data Brand/Product related conversations Product Attribute Conversation s Product types Measures - Can provide richer understanding of consumer perspective on specific aspects of products and/or brand measures - Represents unfiltered consumer feedback - Helpful in optimizing product launches, product development roadmaps, and content strategies
  • 18. Sharing Data Reach Clicks Conversion Shares s Generational Sharing - Identify brand advocates that actively spread branded content - Learn how branded content travels through generational sharing - Understand word of mouth, what they share, why they share it
  • 19. Social Data Segmentation (Segment or Die)
  • 20. Aggregate is the Enemy “All data in aggregate is crap” –Avinash Kaushik All Visitors? Total Pageviews? Total Likes? People Talking About This? = Gratuitous Data Puking Followers/Fans/Friends? The list goes on…..
  • 21. Social Segmentation Benefits Why should Analysts care? -Find the answers to the “why” and “how” questions of consumer behavior -Go beyond data puking! (no more “hits” reporting) Why should Marketers care? -Get closer to the nirvana of personalized, one-to-one relationship w/ consumers. Build value into every engagement! -Experiences and information need the right audience first and foremost Find the right audience. -Improved targeting (outreach/advertising) Ex: Facebook uses a combination of demo, psycho, product, location, and referral data -Identify and convert the most profitable customer segments -Prioritize consumer segments and align marketing investment against it (we can measure their outcomes!)
  • 22. Social Segmentation Methodology 1. Find a unique ID (email, twitter handle, linked profile, etc…) 2. Search social profiles using unique id 3. Calculate and match to individual 4. Expansion. Build out social profiles of specific individual, across data types mentioned above 5. Optional: content consumption/creation mapping, influence analysis 6. Scale across your unique ID list (aka customer) 7. Segment results.
  • 23. Social Segmentation Tools/Vendors Main Capabilities Aggregates user information by resolving email addresses or social networking handles Some offer APIs that can match email addresses to profile URLs across 125 social networks Can integrate with offline data sources as well (telephone, identity, location)
  • 24. Social Segmentation Tools/Vendors Capabilities FlipTop FullContact Qwerly PeekYou Rapleaf Rapportive Spokeo Social affiliations (profiles) Demographics Geographic Interests Career/Education Wealth/Finance Health Linked URLs Reverse email search Reverse phone search API access Partner with 3rd party info Influencer Measurement Available Available but not comprehensive Unavailable 2 4
  • 25. Social Segmentation Examples People search by username/profile name Social profiles identified and tied to real identity
  • 26. Social Segmentation Examples Segment Non-Social Visitors from Social Visitors ‣ Value of FB Fans and social engagement ‣ Leverage messaging tactics for performance improvement and increased conversions
  • 27. Social Segmentation Examples Empirical research suggests that the lifetime value of a promoter is worth at least 4-5x that of passives (neutral customers) or detractors (unhappy customers). Promoters buy more often, spend more, refer more, and cost less to acquire and serve. Net Promoter ScoreTM is a customer loyalty metric developed by Fred Reichheld, Bain & Company, and Satmetrix. It categorizes customers into three segments; promoters, passives, and detractors.
  • 28. Social Data Integration (bridging the gap)
  • 29. This is just the beginning… “The merger of unstructured and structured data will fuel the next revolution in business intelligence” -Prasanna Dhore Global Customer Intelligence, HP
  • 30. Why Social Data Integration?
  • 32. Social Data Integration Example - HP Unstructured data: product conversations from social media Structured data: purchase and service history from crm and support databases
  • 33. Social Data Integration Example - HP Classify each product conversation from social according to product attributes
  • 34. Social Data Integration Example - HP Connect the dots to structured sales and service data. Improve sales forecasting and service/support resource management
  • 35. Social Data Integration Example - HP HP Social Data Integration Results: -Strong social data signals about a product were a leading indicator for increased sales and registrations (use cases: marketing optimization by spend, audience and channel) -Strong negative sentiment in media signals about a product were a leading indicator of increased support tickets/calls (use cases: operations efficiency. Managing customer support resources)
  • 36. Ken Burbary VP, Group Director, Social Strategy & Analysis ken.burbary@digitas.com @kenburbary http://www.digitas.com http://www.kenburbary.com

Notes de l'éditeur

  1. Example: psychographic data from spotify auto-sharing on facebook or intent data on amazon wishlist.2 ways: explicitly provided by user, self-reported or automatically generated
  2. Implies it’s a scaling issue, and it is, but not JUST a scaling data collection (technology) it’s also a talent/skills/people problem
  3. Adapted from Altimeter seven data types - http://bit.ly/sI668q Not all required. To be used as a guide in understanding which data may be needed to answer questions, understand an audience segment, or consumer behavior
  4. Why FB is so interesting to brands. They have a treasure trove of self reported psychographic data. It’s why Facebook advertising has grown to 2billion dollar biz in 2011
  5. Sources: Plancast, Wishlists (Amazon), Eventbrite, FB Events
  6. Sources: CRM databases, Sales databases, web analytics/clickstream analytics that reveal site behaviorsExamples: Amazon, Hunch, recommendation engines
  7. LBS services, geo-tagged objects like Photos on Flickr (hundreds of millions)
  8. Sources: Yelp, Yahoo Groups, Facebook, etc…
  9. There is a precedent in web analytics foundations for segmentation, transfer this idea to social media analytics. It’s a universal construct
  10. 4.and expands with other publicly available data sources such as address, phone numbers, etc…7. which customers require tier 1 support (cos don't and shouldn't treat all customers equally). Hilton (Diamond VIP), when I tweet, they should know it's coming from a Diamond VIP, not a general traveler 2 nights a week (worth 14x more annually)7.which customers amplify brand content/actions/promotions the most (make sure you're not missing these people) who shares the brand content the most? Brand Amplification Index/Score?
  11. Rapleaf has data on 2 billion+ email addressesabout 400+ million people
  12. http://theechosystem.com/
  13. http://theechosystem.com/
  14. Disclaimer: I am on the Advisory Board of this company
  15. Source: HP study http://h30507.www3.hp.com/t5/Data-Central/Changing-minds-through-social-media-HP-study-shows-it-happens/ba-p/98721
  16. Source: HP study http://h30507.www3.hp.com/t5/Data-Central/Changing-minds-through-social-media-HP-study-shows-it-happens/ba-p/98721
  17. Source: HP study http://h30507.www3.hp.com/t5/Data-Central/Changing-minds-through-social-media-HP-study-shows-it-happens/ba-p/98721
  18. Source: HP study http://h30507.www3.hp.com/t5/Data-Central/Changing-minds-through-social-media-HP-study-shows-it-happens/ba-p/98721
  19. Source: HP study http://h30507.www3.hp.com/t5/Data-Central/Changing-minds-through-social-media-HP-study-shows-it-happens/ba-p/98721
  20. Source: HP study http://h30507.www3.hp.com/t5/Data-Central/Changing-minds-through-social-media-HP-study-shows-it-happens/ba-p/98721