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Analytics for Social Media: Understanding Key Conversation Indicators

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  • 8/14/2019 Analytics for Social Media: Understanding Key Conversation Indicators

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    Analytics for Social Media:Making Sense ofKey Conversation Indicators

    Senior Director of Emerging Media & Innovation360i212.703.7257 [email protected] / MarketersStudio.comTwitter: @dberkowitz

    PPT at

    bit.ly/smxsocial

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    Getting started: Establish the Key ConversationIndicators (KCIsSM) that address your goals

    A KCI measures online buzz and establishes social marketingmetrics around brands and campaigns

    KCIs measure social engagement and expression of opinion,not merely actions

    Example KCIs:

    Conversation Volume

    Sentiment / Favorability

    Topics of conversation

    urc ase cons erat ons

    Brand associations

    22www.360i.com Proprietary & Confidential

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    Brand Health Scorecards

    3

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    Soft Drink Brand: Digital Brand Health Scorecard

    0.8%

    1.0%

    1.2%

    Top Overall Categories

    Top Categories DiscussedConversations steadily rosethroughout the summer

    0.2%

    0.4%

    0.6% 1. Compare to Competitor2. Product Attributes3. Marketing/Ad Campaigns

    Super Bowl

    0.0%

    Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09

    BRAND SENTIMENT(JANUARY 2009-August 2009)

    Top Product Attributes

    1. Taste.

    3. Carbonation4. Caffeine

    Negative Top Marketing/Ad Campaigns

    Positive44%

    Neutral/Informational

    26%

    1. Vintage ads2. Ad A3. General Marketing

    44www.360i.com Proprietary & Confidential

    Source: 360i Analysis of the social media landscape, September 2009Sample size 150 blog posts, board posts, micro-blogs & comments

    .

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    Car Rental Brand: Digital Brand Health Scorecard

    10%

    12%

    14%

    General Categories

    Top Categories Discussed for ClientService Experience (MAR JUN 2009)

    Holiday, spring break, and summerare high months for car rentals

    2%

    4%6%

    1. Getting the Rental Car2. Shopping process/Booking3. Competitive Mentions

    Brand Sentiment For Client X Service Experience

    Getting the Rental Car

    1. Personal Service2. Car Selection

    27%

    (MAR-JUN 2009) 3. Getting to the Location

    By # of Posts By # of Impressions

    49%

    37%

    66%7%

    1. Price/Rates2. Coupons/Discounts3. Book with 3rd Party Site

    55www.360i.com Proprietary & Confidential

    14%

    Source: 360i Analysis of the social media landscape, August 2009Sample size 150 blog posts, board posts, micro-blogs & comments

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    Food Brand: Digital Brand Health Scorecard

    Social Media Buzz Volume

    2.5%

    3.0%

    3.5%

    4.0%

    General Categories

    Top Categories Discussed(June 2008-2009)Super Bowl

    Holiday

    0.5%

    1.0%

    1.5%

    2.0%

    1. Recipes2. Use as condiment3. Purchase Considerations

    .

    Brand Sentiment (June 2008-2009)

    Purchase Considerations

    1. Coupon/Sale.

    3. Spice/Heat

    Positive8%

    Negative1%

    Client Y

    1. Pizza2. Hot Dogs3. Chicken

    66www.360i.com Proprietary & Confidential

    Neutral

    92%Source: 360i Analysis of the social media landscape, June 2009Sample size 150 blog posts, board posts, micro-blogs & comments

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    Persona Development:Who is the clients customer online?

    7

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    Younger males are more likely to be more active in theonline space and most attractive target

    38.1 MM

    5.8 MM

    Males 18-54

    Males 18-34

    TARGET

    CONSUMER

    5.8 MMMales 35-54HHI: $75K+

    College Grad

    5.6 MM:


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