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Annie Pettit CRO Conversition Sean Case SVP Peanut Labs Leveraging Social Media to Measure What Leveraging Social Media to Measure What Your Audience is Saying about You Your Audience is Saying about You

Leveraging Social Media to Measure What Your Audience is Saying About You

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ARF AM 5.0 presentation by Conversition and Peanut Labs. Wednesday, June 23, 2010.

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Page 1: Leveraging Social Media to Measure What Your Audience is Saying About You

Annie PettitAnnie PettitCROConversition

Sean CaseSean CaseSVPPeanut Labs

Leveraging Social Media to Measure What Leveraging Social Media to Measure What Your Audience is Saying about YouYour Audience is Saying about You

Page 2: Leveraging Social Media to Measure What Your Audience is Saying About You

Leveraging Social Media Leveraging Social Media to Measure What Your to Measure What Your Audience is Saying about YouAudience is Saying about You

Leveraging Social Media Leveraging Social Media to Measure What Your to Measure What Your Audience is Saying about YouAudience is Saying about You

Page 3: Leveraging Social Media to Measure What Your Audience is Saying About You

Social MediaSocial MediaSocial MediaSocial Media

Page 4: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

LinkedIn has over 50m members worldwide. This means an increase of around 1m members month-on-month since July/August 2009

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 5: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

More than 250 Facebook applications have over a million combined users each month

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 6: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

Wikipedia currently has in excess of 14m articles written by it’s 85,000 contributors in 10 different languages

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 7: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

YouTube hosts over 300 million videos (with 500,000 uploaded each day)

Page 8: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

38% of bloggers post brand or product reviews

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 9: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

More than 700,000 local businesses have active pages on Facebook

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 10: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

Towards the end of last year, the average number of tweets per day was over 27.3m

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 11: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

The average number of tweets per hour was around 1.3m

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 12: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

Flickr hosts more than 4bn images

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 13: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

Purpose-built Facebook pages have created more than 5.3bn fans

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 14: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

There are now 11m LinkedIn users across Europe

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 15: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

Approximately 225.4 million Internet users visit Wikipedia on a daily basis

Page 16: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

85 million+ unique individuals access YouTube per month

Page 17: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

At the current rate, Twitter will process almost 10bn tweets in a single year

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 18: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

Executives from all Global 1000 companies are LinkedIn members

Page 19: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

There are more than 3.5bn pieces of content (web links, news stories, blog posts, etc.) shared each week on Facebook

Source: Hird, Jake. “20+ mind-blowing social media statistics revisited.” [Weblog entry.] Econsultancy. 29 Jan. 2010. (http://econsultancy.com/blog/5324-20+-mind-blowing-soical-media-statistics-revisited). 6 Jun. 2010.

Page 20: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

Google runs thousands and thousands of servers worldwide, processing over 1000 terabytes of user-generated data each hour. This is equal to about half of all of the academic research libraries in the United States

Source: Wikipedia

Page 21: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media StateSocial Media StateSocial Media StateSocial Media State

70% of bloggers are organically talking about brands on their blog

Source: Jake Hird, Econsultancy, 20+ Mind Blowing Social Media Statistics Revisited http://econsultancy.com/blog/5324-20+-mind-blowing-social-media-statistics-revisited (Jan. 29, 2010).

Page 22: Leveraging Social Media to Measure What Your Audience is Saying About You

96% of 18-21 year olds are on a social network

78% of 18-21 year olds trust the opinions of others about products / services rather than traditional advertising

Why Should You Care?Why Should You Care?Why Should You Care?Why Should You Care?

Source: Leoni, Joanne PhD. (2010). “Social Media: A Way of Life and Business.” Presentation at the 2010 Florida MRA Education Event in South Beach, FL, April.

Page 23: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media for BusinessSocial Media for Business

75% surveyed have a company page on a social network

61% use social media for identifying and attracting

57% built a network through sites such as LinkedIn

45% expect social media to be profitable in next 12 months

Do you have a company page on LinkedIn or Facebook?

Source: Leoni, Joanne PhD. (2010). “Social Media: A Way of Life and Business.” Presentation at the 2010 Florida MRA Education Event in South Beach, FL, April.

The use of social media for business has doubled 12% to 24% in the past year. Of this…

Page 24: Leveraging Social Media to Measure What Your Audience is Saying About You

Social Media for Market ResearchSocial Media for Market ResearchSocial Media for Market ResearchSocial Media for Market ResearchSocialVoice: Enabling Researchers to Ask and Listen

Page 25: Leveraging Social Media to Measure What Your Audience is Saying About You

BackgroundBackground

Some TV shows fail

Some TV shows thrive

All cost

Money

Page 26: Leveraging Social Media to Measure What Your Audience is Saying About You

Describe

Predict

Save $

ProblemProblem

Page 27: Leveraging Social Media to Measure What Your Audience is Saying About You

MethodsMethods

Social

Media

Research

Page 28: Leveraging Social Media to Measure What Your Audience is Saying About You

Methods

Page 29: Leveraging Social Media to Measure What Your Audience is Saying About You

AnalysisAnalysis

Social media research analysis

is the same as

Survey research analysis

Page 30: Leveraging Social Media to Measure What Your Audience is Saying About You

DWTStars

Gossip Girl

One Tree Hill

Accidentally

Numb3rsGhost WhispJersey Shore

Ugly Betty

Dance CrewChristineCougar Town

30 Rock

Desperate HW

Volume Volume

Monitoring highlights overall Monitoring highlights overall performanceperformanceMonitoring highlights overall Monitoring highlights overall performanceperformance

Page 31: Leveraging Social Media to Measure What Your Audience is Saying About You

Research can start with VerbatimsResearch can start with Verbatims30 Rock30 RockResearch can start with VerbatimsResearch can start with Verbatims30 Rock30 Rock

I think the only other show I’d love to be on would be 30 Rock because it’s hilarious and I love all the characters on it

I just started watching 30 rock and love it so much i feel the compulsive need to reference it obliquely

I like 30 Rock (only because i love LOVE Tina Fey!). I also like The Office

In the last decade there hasn't been a funnier TV writer than Tina Fey. Alec Baldwin is an excellent comedic actor and Tracy Morgan is Tracy Morgan. Fantastic show

Never understood that when a sitcom ceases to be funny why you would still watch. I just dropped 30 Rock like a year and a half ago

Page 32: Leveraging Social Media to Measure What Your Audience is Saying About You

Surveys or focus groups or SM Surveys or focus groups or SM verbatims - Old Christineverbatims - Old ChristineSurveys or focus groups or SM Surveys or focus groups or SM verbatims - Old Christineverbatims - Old Christine

I feel like this show is wandering off track. All the characters dislike each other and they're just not fun to spend time around. Last night's was pretty painful, and too similar to the last new episode, wit

It's a lame show, just like that New Adventures of Old Christine is dreadful.h the subway

I'm sorry, Jimmydean83, are you serious? I don't hate the show, but I don't love it either. And my opinion isn't political

Richard donating his sperm to Old Christine (and New Christine being okay with that) was a little ridiculous, but it still delivered laughs

Page 33: Leveraging Social Media to Measure What Your Audience is Saying About You

Top

2 B

ox S

en

tim

en

tTrend overall sentiment for long running shows:Trend overall sentiment for long running shows:Slightly More Love for 30 RockSlightly More Love for 30 RockTrend overall sentiment for long running shows:Trend overall sentiment for long running shows:Slightly More Love for 30 RockSlightly More Love for 30 Rock

Source: SocialVoice

Page 34: Leveraging Social Media to Measure What Your Audience is Saying About You

Trend overall volume for long running shows:Trend overall volume for long running shows:But Way More Chatter For 30 RockBut Way More Chatter For 30 RockTrend overall volume for long running shows:Trend overall volume for long running shows:But Way More Chatter For 30 RockBut Way More Chatter For 30 Rock

Volu

me o

f O

nlin

e C

hatt

er

Source: SocialVoice

Page 35: Leveraging Social Media to Measure What Your Audience is Saying About You

Construct 30 RockChristin

ePurchasing ███████████

New Different ████████████

Recommend ███████ 

Trial ███████████Aggregate Emotions ██████████

Anticipation █████████

Appreciation ████████████

Courage ████████

Happiness █████████████

Surprise ████████████

Trust ██████████

But measuring passion points is important:But measuring passion points is important:We’ve Got Some Passion…We’ve Got Some Passion…But measuring passion points is important:But measuring passion points is important:We’ve Got Some Passion…We’ve Got Some Passion…

Page 36: Leveraging Social Media to Measure What Your Audience is Saying About You

And you need to measure like points And you need to measure like points tootoo…And Lots of Liking…And Lots of Liking

And you need to measure like points And you need to measure like points tootoo…And Lots of Liking…And Lots of Liking

Construct 30 RockChristin

ePurchasing ██████████████

New Different ██████████████

Recommend ██████████████

Trial ████████████████

Aggregate Emotions

██████████████

Anticipation ██████████████

Appreciation ██████████████

Courage ██████████████

Happiness ███████████████

Surprise ██████████████

Trust █████████████

Page 37: Leveraging Social Media to Measure What Your Audience is Saying About You

Much More Love For Cougar TownMuch More Love For Cougar TownMuch More Love For Cougar TownMuch More Love For Cougar TownTop

2 B

ox S

en

tim

en

t

Source: SocialVoice

Page 38: Leveraging Social Media to Measure What Your Audience is Saying About You

And Much More Volume for CTAnd Much More Volume for CTAnd Much More Volume for CTAnd Much More Volume for CTV

olu

me o

f O

nlin

e C

hatt

er

Source: SocialVoice

Page 39: Leveraging Social Media to Measure What Your Audience is Saying About You

ConstructCougar Town

Accidentally on

Purpose

Purchasing ████████

New Different ████

Recommend ██████

Trial ██████

Aggregate Emotions █████

Anticipation █████

Appreciation █████

Courage ███████

Happiness ██████

Surprise ████

Trust ████████

Cougar Town has passion pointsCougar Town has passion pointsThey aren’t Making Love…They aren’t Making Love…Cougar Town has passion pointsCougar Town has passion pointsThey aren’t Making Love…They aren’t Making Love…

Source: SocialVoice

Page 40: Leveraging Social Media to Measure What Your Audience is Saying About You

ConstructCougar Town

Accidentally on

Purpose

Purchasing █████████

New Different █████████

Recommend ████████

Trial █████████

Aggregate Emotions █████████

Anticipation █████████

Appreciation ████████

Courage ████████

Happiness ████████

Surprise ████████

Trust ████████

While Accidentally has noneWhile Accidentally has none… Nor are They Making Like… Nor are They Making LikeWhile Accidentally has noneWhile Accidentally has none… Nor are They Making Like… Nor are They Making Like

Source: SocialVoice

Page 41: Leveraging Social Media to Measure What Your Audience is Saying About You

Measure specific actionable ideasMeasure specific actionable ideas30 Rock Characteristics30 Rock CharacteristicsMeasure specific actionable ideasMeasure specific actionable ideas30 Rock Characteristics30 Rock Characteristics

Page 42: Leveraging Social Media to Measure What Your Audience is Saying About You

Get The Head’s Up on Emerging PointsGet The Head’s Up on Emerging PointsGet The Head’s Up on Emerging PointsGet The Head’s Up on Emerging Points

“I love that they keep going back to Greyson's tiny eyes. Its hilarious because the actor really does have small eyes and he cannot do anything about it in real life”

Page 43: Leveraging Social Media to Measure What Your Audience is Saying About You

ConclusionsConclusions

Social media research

can measure

audience perceptions

Page 44: Leveraging Social Media to Measure What Your Audience is Saying About You

Next StepsNext Steps

Build algorithms

Test models

Predict the future`

Page 45: Leveraging Social Media to Measure What Your Audience is Saying About You

Thank youThank youThank youThank you

Questions…

Annie Pettit

[email protected], @LoveStats

Sean Case

[email protected], @PeanutLabsMR