#Socon2011 The Social Consumer Journey: Measuring The Impact

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@ @KarlHavard The Social Consumer Journey: Measuring the impact: #Socon11 @KarlHavard

description

This is the presentation given at Socon2011 (20th October 2011), outlining some thoughts on the part social media can play in the customer and consumer journey as part of an overall multi-channel approach. This also includes a list of measures, in context and some ideas on how this fit together. Key point: Putting the consumer back into the consumer journey.

Transcript of #Socon2011 The Social Consumer Journey: Measuring The Impact

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@KarlHavard

The Social Consumer Journey: Measuring the impact: #Socon11

@KarlHavard

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@KarlHavard

There’s been much talk

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@KarlHavard

Buying a Hat

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@KarlHavard

What’s Missing?

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@KarlHavard

Putting the Consumer back into the Consumer Journey

Every “journey is unique to the individual

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@KarlHavard

The Zero Moment of truth

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@KarlHavard

§  TV Advert

§  Mail (manufacturer)

§  Newspaper Advert

§  Magazine Article

§  Magazine Advert

§  eMail

§  Online Advert

§  Mail (retailer)

§  TV Placement

§  Outdoor Advert

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@KarlHavard

§  Search §  Talked with friends/family §  Comparison sites §  Brand website §  Review sites §  Retailer website §  Article comment” §  “Liked” “followed” brand

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@KarlHavard

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Yet….

WTF?!

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@KarlHavard

v Paid Search

Activity YouTube Paid Search

Bounce Rate 31% 28%

New Visits 61% 60%

Av’ Pages per Visit

5.89 3.83

Dwell Time 6:06 3:49

Configurator Completions

27% 2%

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@KarlHavard

There’s Social & there’s Social

Website

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@KarlHavard

“Owned” Measurement

Website

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“Shared” Measurement

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@KarlHavard

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Forum Posts Forum Replies

Blog Posts Twitter Mainstream Media

“Conversation” Measurement

But it’s more than that!

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@KarlHavard

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A “Social Favourability” Model

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Brand Comparison Taxonomy: Sentiment & Category

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Measurement in Context: Quantitative Metrics

Followers Friends Subscribers Connections “Likes” Referrals Click-Thru’s Open Rates

Views Visits Volume Search Rankings Brand Buzz

Re-Tweets Mentions Links Reviews Shared Comments

Sales Downloads Paid Subscriptions Subscriptions Leads

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Summary

§  Map the customer journeys specific to: –  Your own consumers and customers

–  Your advocates and influencers

§  Clearly define the points of influence –  Where you need to be visible

–  Right time, right place, right people, right message

§  Agree the right measures for the business –  In the context of the entire customer journey

–  Not just the easy measures

§  Good place to start: Socially profile your existing database, to understand –  Who is where

–  Determine “influence”

–  What they are saying

–  Amplify advocacy

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@KarlHavard

Thank You Karl Havard Strategy Director Wunderman, WPP http://wunderman.co.uk

: http://twitter.com/karlhavard

: http://uk.linkedin.com/in/karlhavard

: http://gplus.to/karlhavard