Social media as a research platform final a11 12 2012

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Social Listening: A Tool for your Market Research Arsenal Melva Benoit SVP, Analytics Innovation Research & Strategy FOX Broadcasting Company 11/12/2012

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Transcript of Social media as a research platform final a11 12 2012

Page 1: Social media as a research platform final a11 12 2012

Social Listening: A Tool for your

Market Research Arsenal

Melva BenoitSVP, Analytics Innovation Research & StrategyFOX Broadcasting Company11/12/2012

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Market Research Challenges

Proliferation of choices for market research has increased dramatically with new ways to

look a data constantly immerging

Ongoing InsightCustomer Behaviors and Attitudes

Communication of Relevant and Authentic Consumer Insight

However, needs remain the same…

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Market Research Evolution

Market research used to be limited to telephone surveys and in-person focus

groups until the Web expanded methods and consumer outreach through various

online channels.

Social Media has transformed market research into an immersive, engaging and

iterative process online.

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Social Listening – 2 Ways

Social Media Monitoring

Private Online Community

social brand intelligence

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Social Listening Benefits

Deep Insights

Context Customer Relationship

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FOX BROADCASTINGCollaboration Method & Findings

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Launched in January, 20062,000 18-49 year oldsFOX and 20Th TV viewersDirect collaboration with viewers

On-going Communication

Programming Marketing Feedback

Understand TV Landscape

Welcome To Project FOX

Business Objectives

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Business Impact

Real Time Viewer

Feedback

Enhance Future

Programming

Pass-Along & WOM

CompetitiveLandscape

Drive Tune-In

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More honest feedback

Increased viewer loyalty

Authentic advocacy

Viewer Impact“I love SYTYCD and summer shows on other

network channels but I really like the Summer cable

shows on TNT, USA, and especially SyFy.”

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FOX BROADCASTING and FOX FILMS

Internal Collaboration Method & Findings

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Cost EffectivePlatform

The Opportunity

What are the benefits?

SeniorMgmt.Support

ResearchExpertise

Great Content

Collaboration - Newscorp Internal Communications &

20th Filmed Entertainment Research & AIRS

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Launched in January, 2012230 employees joined for one year23 projects completed/ 10 parallel

tests50% activity rate

Validate Cost Effectiveness

Marketing Feedback 20th Films

Programming Feedback FBC

Business Objectives

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www.ournews.com

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Business Impact

Active Research Platform

Real Time Feedback

Free $$$Research

Employee Generated Feedback Platform

Television & Film

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Business Impact

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Do Have clear business

objectives Be transparent Listen to both the positive

and negative Learn from peer-to-peer

conversations Close the loop

Don’t Assume if you build it,

they will come Disclose truly confidential

information Expect social media to

replace traditional research

Final Considerations

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Thank You