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Is Social Media Worth
Multi-Million Dollar
Investment? Using Social
Listening to Determine the
ROI of Social Media
#SMTLive
#SMTLive
Thank You to Our Sponsor
@Talkwalker
#SMTLive
Join the Conversation…
Follow along and share
your thoughts on
Twitter at #SMTLive
Submit your
questions in the
GoToWebinar
control panel
#SMTLive
Our Speakers
Neal Schaffer, President, Maximize Your Social. Neal Schaffer is a recognized innovative leader in the world of business
social media. A global speaker, university educator and consultant on social media strategy, Neal has also been named
one of marketing’s ten biggest thought leaders by CMO.com and recognized as a Forbes Top 50 Social Media Power
Influencer two years in a row as well as a Forbes Top 5 Social Sales Influencer. @NealSchaffer
Ben Kay, Social Media Senior Managing Consultant, IBM. Having worked across the telecoms industry for over 15 years,
across a range of disciplines, most recently Ben has led the strategic use of digital technology in one of UK’s biggest
telecommunications company. Leading both the strategy and operational implementation of social business, orchestrating
the social customer experience across three brands, Ben brought the organization together in the pursuit of a common social
ambition. By putting real-time social data and insight at the heart of the organization, Ben has enabled faster, better decision
making, and delivery of a market leading customer experience. Ben is now at IBM sharing his experience with clients across
the globe. @Benjamin_Kay
Todd Grossman, CEO Americas, Talkwalker. Todd is a senior executive with proven expertise in measurement, analytics,
public relations, communications, sales and marketing from his past experiences at Precise, a Kantar Media company, and PR
Newswire's broadcast and multimedia division, Multivu. Todd completed his B.A. in Political Science from the University of
Connecticut and executive education programs at Cranfield University's School of Management in the United Kingdom. Todd
has also completed the Miller Heiman Solution Selling program. He has served as a graduate assistant instructor for Dale
Carnegie. @ToddMGrossman
Kim Celestre, Senior Director, Product Marketing Jive Software. Kim Celestre has over 20 years experience as a marketing
practitioner and thought leader, winning numerous awards for leading innovative teams. She has been quoted in the Wall
Street Journal, CIO Magazine, Fortune and other leading publications. She held a variety of marketing and business
development roles at Sun Microsystems and managed global campaigns at Oracle. After Oracle, Kim was a Senior Analyst
with Forrester Research where she published research-based reports, articles and blogs on how to use social technologies
and online communities for marketing objectives. Kim is currently a Senior Director of Product Marketing at Jive Software
and leads go-to-market efforts for the Jive-x customer community solution. @KCelestre
#SMTLive
The Problem: Increasing spend in social…
@NealSchaffer
…yet 88% of marketers want to know how to measure social ROI
#SMTLive@NealSchaffer
Measuring social media ROI begins before social media
Social media complicates measurement because it is the ultimate focus group!
• Infinite source of data regarding consumer demographics and buying trends
• Gauge consumer interests and how they interact with competitors & content
• Can help measure aggregate interaction between a brand and the public
#SMTLive
The Challenge: Maximizing Your Social Listening
Social
Data
Public
Relations
Customer
Support
Marketing
Sales
Human
Resources
Research &
Development
@NealSchaffer
#SMTLive
What is the ROI of Business Intelligence?
• Market Trends
• What the Media says about you
• Both what your Competitors are saying AND what is said
about them
• What your Customers are saying about you AND TO you
• Who Potential Customers might be and what they are
saying
• Who Your Advocates are AND what they are saying about
you
• Who are Influencers and what they are saying
• What your Employees are saying in general AND about you
• Where potential candidates might be to fill your Talent
Pipeline
“In our experience, to prove true value it’s critical to build metrics
based on data that C-suite can easily digest and clearly map back to
true business goals and objectives.” – Todd Grossman, CEO, Talkwalker
America
R&D
Product
Marketing
Public
Relations
Marketing
Sales
Customer
Serivce
Human
Resources
@NealSchaffer
#SMTLive
Case Study: The ROI of Sponsorship Spend
@NealSchaffer
Listening data shows the ROI of investment in cost per mention.
#SMTLive
Case Study: The ROI of Campaign Spend
@NealSchaffer
Integrating social data with sales data to understand social’s potential role in increased
revenues.
PAGE 11
Marketers have failed to master social data
• Do not set the right goals
• Track instead of measure
• Take a tactical approach
• Analyze in a silo
• Struggle to connect with
business outcomes
500 million
Tweets per
day
1.7 billion
people with
active social
accounts
@KCelestre
#SMTLive
Social intelligence impacts the entire lifecycle
Discover
Research
Purchase
Ask
Use
Advocate
@KCelestre
PAGE 13
Lululemon embraces co-creation
@KCelestre
PAGE 14
Lululemon embraces co-creation
@KCelestre
PAGE 15
Positive ROI can only be achieved through action
• Timely responses
improve brand sentiment
• Two way interactions
increase customer loyalty
• Implemented ideas grow
brand advocacy
• Shared insights drive
brand excellence (not just
social!)
@KCelestre
@benjamin_kay
Using social listening to deliver
business value
©2015 IBM Corporation@benjamin_kay #SMTLive
Act Smarter (and faster)
Competitor
activity
Consumer
behaviour
Product /
Proposition
development
Campaign
optimization /
Media Spend
In-life
comms
Technology
Planning
Crisis
management
Influencer
identification/
engagement
Churn
Prediction
Influencing business decision making
Sustainable competitive advantage is achievable by making better decisions using
information and knowledge sourced via social platforms – ultimately delivering
greater commercial value.
Real time social data allows us to act smarter and act faster
©2015 IBM Corporation@benjamin_kay #SMTLive
A mobile phone operator suffers network issues
Before/During
• Identification of
issue before any
other channel
• Location
• Customer`s affected
• Severity
Post
• Impact on brand perception
• Locations where customers were affected
didn’t match where social conversation
occurred
• Customers were more concerned with
transparency than the route cause
• Impact on business from financial PoV
Contact
Centre
Social
Media
Website GoogleNetwork
Data
Sources
©2015 IBM Corporation@benjamin_kay #SMTLive
IBM @ Wimbledon
©2015 IBM Corporation@benjamin_kay #SMTLive
Social listening isn’t restricted to just external social
Max Black
©2015 IBM Corporation@benjamin_kay #SMTLive
very proud
it makes a difference
thanks for speaking up & sharing
we can get perspectives very quickly
©2015 IBM Corporation@benjamin_kay #SMTLive
#SMTLive
Join the Conversation…
Follow along and share
your thoughts on
Twitter at #SMTLive
Submit your
questions in the
GoToWebinar
control panel
#SMTLive
Our Speakers
Neal Schaffer, President, Maximize Your Social. Neal Schaffer is a recognized innovative leader in the world of business
social media. A global speaker, university educator and consultant on social media strategy, Neal has also been named
one of marketing’s ten biggest thought leaders by CMO.com and recognized as a Forbes Top 50 Social Media Power
Influencer two years in a row as well as a Forbes Top 5 Social Sales Influencer. @NealSchaffer
Ben Kay, Social Media Senior Managing Consultant, IBM. Having worked across the telecoms industry for over 15 years,
across a range of disciplines, most recently Ben has led the strategic use of digital technology in one of UK’s biggest
telecommunications company. Leading both the strategy and operational implementation of social business, orchestrating
the social customer experience across three brands, Ben brought the organization together in the pursuit of a common social
ambition. By putting real-time social data and insight at the heart of the organization, Ben has enabled faster, better decision
making, and delivery of a market leading customer experience. Ben is now at IBM sharing his experience with clients across
the globe. @Benjamin_Kay
Todd Grossman, CEO Americas, Talkwalker. Todd is a senior executive with proven expertise in measurement, analytics,
public relations, communications, sales and marketing from his past experiences at Precise, a Kantar Media company, and PR
Newswire's broadcast and multimedia division, Multivu. Todd completed his B.A. in Political Science from the University of
Connecticut and executive education programs at Cranfield University's School of Management in the United Kingdom. Todd
has also completed the Miller Heiman Solution Selling program. He has served as a graduate assistant instructor for Dale
Carnegie. @ToddMGrossman
Kim Celestre, Senior Director, Product Marketing Jive Software. Kim Celestre has over 20 years experience as a marketing
practitioner and thought leader, winning numerous awards for leading innovative teams. She has been quoted in the Wall
Street Journal, CIO Magazine, Fortune and other leading publications. She held a variety of marketing and business
development roles at Sun Microsystems and managed global campaigns at Oracle. After Oracle, Kim was a Senior Analyst
with Forrester Research where she published research-based reports, articles and blogs on how to use social technologies
and online communities for marketing objectives. Kim is currently a Senior Director of Product Marketing at Jive Software
and leads go-to-market efforts for the Jive-x customer community solution. @KCelestre
#SMTLive
Thank You to Our Sponsor
@Talkwalker
Talkwalker is a social data intelligence company specializing in listening, advanced
analytics and reporting. We empower various departments within an organization to
make business decisions based on social insights.
Talkwalker provides the right data to the right people at the right time and in the right
format.
The Talkwalker social data intelligence platform is used by over 500 clients around the
world including:
www.talkwalker.com
contact@talkwalker.com
@Talkwalker
Talkwalker Americas: +1 646 712 9441
Talkwalker EMEA: +352 20 33 35 3 43
Get in touch
*
)
#SMTLive
Upcoming Webinar
December 10th
It’s Who You Know: Influencer Marketing
Now, A Case Study

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Is Social Media Worth Multi-Million Dollar Investment? Using Social Listening to Determine the ROI of Social Media

  • 1. Is Social Media Worth Multi-Million Dollar Investment? Using Social Listening to Determine the ROI of Social Media #SMTLive
  • 2. #SMTLive Thank You to Our Sponsor @Talkwalker
  • 3. #SMTLive Join the Conversation… Follow along and share your thoughts on Twitter at #SMTLive Submit your questions in the GoToWebinar control panel
  • 4. #SMTLive Our Speakers Neal Schaffer, President, Maximize Your Social. Neal Schaffer is a recognized innovative leader in the world of business social media. A global speaker, university educator and consultant on social media strategy, Neal has also been named one of marketing’s ten biggest thought leaders by CMO.com and recognized as a Forbes Top 50 Social Media Power Influencer two years in a row as well as a Forbes Top 5 Social Sales Influencer. @NealSchaffer Ben Kay, Social Media Senior Managing Consultant, IBM. Having worked across the telecoms industry for over 15 years, across a range of disciplines, most recently Ben has led the strategic use of digital technology in one of UK’s biggest telecommunications company. Leading both the strategy and operational implementation of social business, orchestrating the social customer experience across three brands, Ben brought the organization together in the pursuit of a common social ambition. By putting real-time social data and insight at the heart of the organization, Ben has enabled faster, better decision making, and delivery of a market leading customer experience. Ben is now at IBM sharing his experience with clients across the globe. @Benjamin_Kay Todd Grossman, CEO Americas, Talkwalker. Todd is a senior executive with proven expertise in measurement, analytics, public relations, communications, sales and marketing from his past experiences at Precise, a Kantar Media company, and PR Newswire's broadcast and multimedia division, Multivu. Todd completed his B.A. in Political Science from the University of Connecticut and executive education programs at Cranfield University's School of Management in the United Kingdom. Todd has also completed the Miller Heiman Solution Selling program. He has served as a graduate assistant instructor for Dale Carnegie. @ToddMGrossman Kim Celestre, Senior Director, Product Marketing Jive Software. Kim Celestre has over 20 years experience as a marketing practitioner and thought leader, winning numerous awards for leading innovative teams. She has been quoted in the Wall Street Journal, CIO Magazine, Fortune and other leading publications. She held a variety of marketing and business development roles at Sun Microsystems and managed global campaigns at Oracle. After Oracle, Kim was a Senior Analyst with Forrester Research where she published research-based reports, articles and blogs on how to use social technologies and online communities for marketing objectives. Kim is currently a Senior Director of Product Marketing at Jive Software and leads go-to-market efforts for the Jive-x customer community solution. @KCelestre
  • 5. #SMTLive The Problem: Increasing spend in social… @NealSchaffer …yet 88% of marketers want to know how to measure social ROI
  • 6. #SMTLive@NealSchaffer Measuring social media ROI begins before social media Social media complicates measurement because it is the ultimate focus group! • Infinite source of data regarding consumer demographics and buying trends • Gauge consumer interests and how they interact with competitors & content • Can help measure aggregate interaction between a brand and the public
  • 7. #SMTLive The Challenge: Maximizing Your Social Listening Social Data Public Relations Customer Support Marketing Sales Human Resources Research & Development @NealSchaffer
  • 8. #SMTLive What is the ROI of Business Intelligence? • Market Trends • What the Media says about you • Both what your Competitors are saying AND what is said about them • What your Customers are saying about you AND TO you • Who Potential Customers might be and what they are saying • Who Your Advocates are AND what they are saying about you • Who are Influencers and what they are saying • What your Employees are saying in general AND about you • Where potential candidates might be to fill your Talent Pipeline “In our experience, to prove true value it’s critical to build metrics based on data that C-suite can easily digest and clearly map back to true business goals and objectives.” – Todd Grossman, CEO, Talkwalker America R&D Product Marketing Public Relations Marketing Sales Customer Serivce Human Resources @NealSchaffer
  • 9. #SMTLive Case Study: The ROI of Sponsorship Spend @NealSchaffer Listening data shows the ROI of investment in cost per mention.
  • 10. #SMTLive Case Study: The ROI of Campaign Spend @NealSchaffer Integrating social data with sales data to understand social’s potential role in increased revenues.
  • 11. PAGE 11 Marketers have failed to master social data • Do not set the right goals • Track instead of measure • Take a tactical approach • Analyze in a silo • Struggle to connect with business outcomes 500 million Tweets per day 1.7 billion people with active social accounts @KCelestre
  • 12. #SMTLive Social intelligence impacts the entire lifecycle Discover Research Purchase Ask Use Advocate @KCelestre
  • 13. PAGE 13 Lululemon embraces co-creation @KCelestre
  • 14. PAGE 14 Lululemon embraces co-creation @KCelestre
  • 15. PAGE 15 Positive ROI can only be achieved through action • Timely responses improve brand sentiment • Two way interactions increase customer loyalty • Implemented ideas grow brand advocacy • Shared insights drive brand excellence (not just social!) @KCelestre
  • 16. @benjamin_kay Using social listening to deliver business value
  • 17. ©2015 IBM Corporation@benjamin_kay #SMTLive Act Smarter (and faster) Competitor activity Consumer behaviour Product / Proposition development Campaign optimization / Media Spend In-life comms Technology Planning Crisis management Influencer identification/ engagement Churn Prediction Influencing business decision making Sustainable competitive advantage is achievable by making better decisions using information and knowledge sourced via social platforms – ultimately delivering greater commercial value. Real time social data allows us to act smarter and act faster
  • 18. ©2015 IBM Corporation@benjamin_kay #SMTLive A mobile phone operator suffers network issues Before/During • Identification of issue before any other channel • Location • Customer`s affected • Severity Post • Impact on brand perception • Locations where customers were affected didn’t match where social conversation occurred • Customers were more concerned with transparency than the route cause • Impact on business from financial PoV Contact Centre Social Media Website GoogleNetwork Data Sources
  • 19. ©2015 IBM Corporation@benjamin_kay #SMTLive IBM @ Wimbledon
  • 20. ©2015 IBM Corporation@benjamin_kay #SMTLive Social listening isn’t restricted to just external social Max Black
  • 21. ©2015 IBM Corporation@benjamin_kay #SMTLive very proud it makes a difference thanks for speaking up & sharing we can get perspectives very quickly
  • 23.
  • 24. #SMTLive Join the Conversation… Follow along and share your thoughts on Twitter at #SMTLive Submit your questions in the GoToWebinar control panel
  • 25. #SMTLive Our Speakers Neal Schaffer, President, Maximize Your Social. Neal Schaffer is a recognized innovative leader in the world of business social media. A global speaker, university educator and consultant on social media strategy, Neal has also been named one of marketing’s ten biggest thought leaders by CMO.com and recognized as a Forbes Top 50 Social Media Power Influencer two years in a row as well as a Forbes Top 5 Social Sales Influencer. @NealSchaffer Ben Kay, Social Media Senior Managing Consultant, IBM. Having worked across the telecoms industry for over 15 years, across a range of disciplines, most recently Ben has led the strategic use of digital technology in one of UK’s biggest telecommunications company. Leading both the strategy and operational implementation of social business, orchestrating the social customer experience across three brands, Ben brought the organization together in the pursuit of a common social ambition. By putting real-time social data and insight at the heart of the organization, Ben has enabled faster, better decision making, and delivery of a market leading customer experience. Ben is now at IBM sharing his experience with clients across the globe. @Benjamin_Kay Todd Grossman, CEO Americas, Talkwalker. Todd is a senior executive with proven expertise in measurement, analytics, public relations, communications, sales and marketing from his past experiences at Precise, a Kantar Media company, and PR Newswire's broadcast and multimedia division, Multivu. Todd completed his B.A. in Political Science from the University of Connecticut and executive education programs at Cranfield University's School of Management in the United Kingdom. Todd has also completed the Miller Heiman Solution Selling program. He has served as a graduate assistant instructor for Dale Carnegie. @ToddMGrossman Kim Celestre, Senior Director, Product Marketing Jive Software. Kim Celestre has over 20 years experience as a marketing practitioner and thought leader, winning numerous awards for leading innovative teams. She has been quoted in the Wall Street Journal, CIO Magazine, Fortune and other leading publications. She held a variety of marketing and business development roles at Sun Microsystems and managed global campaigns at Oracle. After Oracle, Kim was a Senior Analyst with Forrester Research where she published research-based reports, articles and blogs on how to use social technologies and online communities for marketing objectives. Kim is currently a Senior Director of Product Marketing at Jive Software and leads go-to-market efforts for the Jive-x customer community solution. @KCelestre
  • 26. #SMTLive Thank You to Our Sponsor @Talkwalker
  • 27. Talkwalker is a social data intelligence company specializing in listening, advanced analytics and reporting. We empower various departments within an organization to make business decisions based on social insights. Talkwalker provides the right data to the right people at the right time and in the right format. The Talkwalker social data intelligence platform is used by over 500 clients around the world including: www.talkwalker.com contact@talkwalker.com @Talkwalker Talkwalker Americas: +1 646 712 9441 Talkwalker EMEA: +352 20 33 35 3 43 Get in touch * )
  • 28. #SMTLive Upcoming Webinar December 10th It’s Who You Know: Influencer Marketing Now, A Case Study

Editor's Notes

  1. One technology marketer revealed that when a social interaction occurs between the brand and the buyer during the buying cycle, the socially connected buyer is 50% more likely to convert.
  2. Where are they now? Lululemon Brand’s worst nightmare: Yoga pants debacle Failed to respond to social channels in a relevant way Stock tanked CEO gone Today: embraces co-creation, drives deeper social conversations to heylululemon community. New meaning to “transparency”