Business Intelligence via Social Media

37
Business Intellig ence via Social Media

description

This presentation on Business Intelligence via Social Media will elaborate how to use the Online Platforms and tools to achieve better business results. It was presented by Ayman Itani at 10th Digital Marketing Forum & Exhibition in Cyprus January 2014.

Transcript of Business Intelligence via Social Media

Page 1: Business Intelligence via Social Media

Business Intelligence via Social Media

Page 2: Business Intelligence via Social Media

Acquire An understanding of the power of data embedded in Social Media

Takeaway #1

Page 3: Business Intelligence via Social Media

Start to think about how you can data mine this information to make more informed business decisions

Takeaway #2

Page 4: Business Intelligence via Social Media

PersonalInformationBeyondDemographics

Page 5: Business Intelligence via Social Media

Personal Information beyond Demographics

How much do you spend?

Page 6: Business Intelligence via Social Media

What places do you go to?

Personal Information beyond Demographics

Page 7: Business Intelligence via Social Media

Personal Information beyond Demographics

How frequently do

You go there?

Page 8: Business Intelligence via Social Media

Personal Information beyond Demographics

With Whom do you go out?

Page 9: Business Intelligence via Social Media

AttributesSocial Containers

Facebook Twitter LinkedIn Foursquare Pinterest

Age      

Gender      

Marital Status      

Profession      

Education      

Preferred Language

Number of friends

Music Interest        

Experiences Shared      

Interests    

Lifestyle  

Religion        

Address    

Places I go to    

Events I attend    

Readily Available Demographical Data and Attributes

Page 10: Business Intelligence via Social Media

What can you

do withthe data

Page 11: Business Intelligence via Social Media

Top Keywords UsedTop Keywords Used

Page 12: Business Intelligence via Social Media

Content Analysis

What Can You Do With the Data?

Page 13: Business Intelligence via Social Media

Facebook Posts By Others on a Page

Page 14: Business Intelligence via Social Media

Sentiment Analysis

What Can You Do With the Data?

Page 15: Business Intelligence via Social Media

Overall Sentiments on Twitter Mentions

Without Promotions Retweets

Page 16: Business Intelligence via Social Media

Negative Sentiments in Twitter Mentions

Page 17: Business Intelligence via Social Media

thinkmedialabs.com

Calculate an Index

What Can You Do With the Data?

Page 18: Business Intelligence via Social Media

thinkmedialabs.com

>3.4

What Can You Do With the Data?

Page 19: Business Intelligence via Social Media

• Content Analysis• Sentiment Analysis • Engagement Rates of banks, Telecom

Operators, Airlines, Civil Society in the Arab World

Studies we have Published

Page 20: Business Intelligence via Social Media

Access to Data

Page 21: Business Intelligence via Social Media

Access to Data

Private Data can’t

be accessed via APIs

and needs to befactored into theassumptions

Page 22: Business Intelligence via Social Media

Historical data not readily available

Access to Data

Page 23: Business Intelligence via Social Media

Privacy

All of the data being mined is publicly available data

Page 24: Business Intelligence via Social Media

Understand Social Media Habits of your audience

Understand Social Media Habits

of your audience

Page 25: Business Intelligence via Social Media

Instagram and Twittercommunities more activethan others in certaincountries (Kuwait and Saudi Arabia) so they are a good source to rely on in these countries.

Understand Social Media Habits

of your audience

Page 26: Business Intelligence via Social Media

Understand Social Media Habits

of your audience According to YouTube, Saudi Arabia is the world’s top user of YouTube per capita.

Page 27: Business Intelligence via Social Media

Tools

Page 28: Business Intelligence via Social Media

One tool to rule them all? Not just there yet.

Tools

Page 29: Business Intelligence via Social Media

200+ tools and we have custom built a tool, but

we are not here to talk to you about tools

Tools

Page 30: Business Intelligence via Social Media

Challenges

Page 31: Business Intelligence via Social Media

• Large Volume

of Data• Language

support (including dialects)

• Different expertise in analytics required

Challenges

Page 32: Business Intelligence via Social Media

• Historical data

not readily available

• Business Readiness to integrate as part of your process (refer to SM lifecycle)

Challenges

Page 33: Business Intelligence via Social Media

STAGE 1

STAGE 2

STAGE 3

STAGE 4

STAGE 5

• Does not dedicate resources (budget and staff) for social media initiatives• Monitors relevant activity by leveraging existing and free services • Explores possible routes for adopting the concept

• Engages in testing Social Media platforms• Does not assign dedicated resources but establishes social media guidelines • Uses the social medium in its existing marketing and public relations activities

• Assigns dedicated staff and allocates a budget for handling social media initiatives

• Engages actively with the social customer and leverages social media metrics • Expands its social media presence and taps into new opportunities

• Leverages the capabilities of social media for all of its core functional departments

• Includes: Sales, marketing, and services departments and activities • Benefits from more sophisticated brand monitoring tools

• Benefits from the support of senior management for developing a social business

• Drives a Social CRM implementation • Integrates all customer-centric functions into one cohesive system

Knowledge

Persuasio

n

Decision

Implementatio

n

Confirmatio

n

Social Media Cycle

Page 34: Business Intelligence via Social Media

Step 1

Step 2

Step 3

Step 4

Step 5

Step 6

Set Business

GoalsEstablish Workflow Processe

s Define Stakeholders

& Operational

Grounds

ListenEngage in Conversati

onMeasur

e & Refine

Social Media Framework

Page 35: Business Intelligence via Social Media

Summary

Page 36: Business Intelligence via Social Media

Importance is understanding what data is available to you and how you can factor that into your own business

Summary

Page 37: Business Intelligence via Social Media

THANK YOU!/aymanitani

/aymanitani

/aymanitani

Search Ayman Itani

linkd.in/aymanitani