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Social	
  Media	
  for	
  Retail:	
  
Transla3ng	
  “Posts”	
  Into	
  Profits	
  
Presented by Session sponsored by
#CCSeries13
About	
  CCS	
  2013	
  
ü 9 Webinars, 4 Days
ü Sessions covering Mobile,
Social, Store Ops,
X-Channel, and more
ü Featuring industry
analysts and consultants
ü Free for Retail executives
www.retailtouchpoints.com/connected-consumer-2013
#CCSeries13
Follow	
  The	
  Webcast	
  On	
  Twi:er	
  
#CCSeries13	
  
@ConnectConsumer	
  
@RTouchPoints	
  
#CCSeries13
About	
  Retail	
  TouchPoints	
  
ü Launched in 2007
ü More than 25,000 subscribers
ü Provide executives with relevant,
insightful content
ü Free Resources such as White Papers,
E-book, Webinars, Research and
Podcasts
www.RetailTouchPoints.com
#CCSeries13
BrightTALK	
  
#CCSeries13
Today’s	
  Panelists	
  
Leslie Belcher
Retail Industry Market
Development Manager
Microsoft
Alicia Fiorletta
Associate Editor
Retail TouchPoints
MODERATOR
George Casey
CTO and SVP,
Marketing
Junction Solutions
Facebook
"  Worldwide there over a Billion users on Facebook,
"  Every 60 seconds on Facebook: 510 comments are posted, 293,000 statuses are updated, and
136,000 photos are uploaded,
"  50% of 18-24 year-olds go on Facebook when they wake up,
"  One in five page views in the United States occurs on Facebook.
Twitter
"  Twitter has 140 Million active users,
"  Sees 340 million tweets per day,
"  About half of the world’s Twitter users are from the USA,
"  Every second 750 tweets are being shared on Twitter.
YouTube
"  More than 1 billion unique users visit YouTube each month,
"  Over 4 billion hours of video are watched each month on YouTube,
"  72 hours of video are uploaded to YouTube every minute,
"  70% of YouTube traffic comes from outside the US,
"  In 2011, YouTube had more than 1 trillion views or around 140 views for every person on Earth.
Increasing Customer Loyalty via Social Media
There are many tactics to choose from, but most effective are those that
create or strengthen customer connections:
"  Crowdsourcing
"  Online communities or forums
"  Coordinated events that bring them together
"  Platform to turn loyal shoppers into evangelists
"  Gamification (repurchasing and loyalty)
"  User-generated content
PERSONAL: from
mass merchandise
to personal
merchandise
SEAMLESS: connect
wherever, whenever,
on any device
DIFFERENTIATED:
from standard to
standout
CONNECTED
WITHOUT
COMPROMISE: listen,
learn and respond to
customers
PERSONALLY
RELEVANT: increase
productivity & focus
on customers
AGILE &
OPPORTUNISTIC:
anticipate trends,
stop reacting, start
being strategic
The Dynamic Business
© 2013 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista, and other product
names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.
The information herein is for informational purposes only and represents the current view of Microsoft
Corporation as of the date of this presentation. Because Microsoft must respond to changing market
conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot
guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT
MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS
PRESENTATION.
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
Attitude, Behaviors and Social Media
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
Social Media – The Everlasting Frontier
eBook “The Top 5 Ways to Avoid Losing Customers This Year” Retail TouchPoints
& Junction Solutions 2013
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
Descriptive Data (Who?)
• Attributes
• Demographics
• Self-reported info
Attitudinal
Data (Why?)
• Opinions
• Preferences
• Needs and
Desires
Interaction Data (How?)
• E-mail/Social Media Transcripts
• Call Center Notes
• Clickstream Analysis
Behavioral
Data
(What?)
• Transactions
• Payment History
• Usage
Information
The New 360-degree View of the Customer
Analytics Magazine “Comprehending the Complete Customer” 2013
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
Capturing the Digital Footprint
By adding the “Pin It” button to tens of
thousands of pages, within a few months,
Pinterest became a top 10 referring site for
Sephora.com in 2012.
eBook “The Top 5 Ways to Avoid Losing Customers This Year” Retail TouchPoints
& Junction Solutions 2013
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
•  Requires a discovery-driven approach
–  Need the right “mindset” to be able to solve the
problem efficiently
–  Start with the “data story” rather than the business
problem
The Unstructured Data Problem
Analytics Magazine “Comprehending the Complete Customer” 2013
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
MINDSET– WHY?
•  How to overcome our biases for
structured data?
•  Hypothesis vs. discovery-driven
approaches
•  What customer problems can we solve
and how?
SKILL SET – HOW?
•  Storage
•  Manipulation
•  Appreciation for quantitative
techniques
DATA SET – WHAT?
•  Descriptive data
•  Attitudinal data
•  Interaction data
•  Behavioral data
Hypothesis Models vs. Data-Driven Discovery
Analytics Magazine “Comprehending the Complete Customer” 2013
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
Integration, Insight and Action
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
The 4 Keys to Integrate Attitude & Behavior
1.)	
  Behavioral	
  profiling	
  of	
  various	
  
aLtudinal	
  segments	
  
2.)	
  Understanding	
  the	
  linkage	
  between	
  
behavioral	
  and	
  aLtudinal	
  data	
  
3.)	
  Behavioral	
  segmenta3on	
  of	
  the	
  
user	
  base,	
  with	
  an	
  aLtudinal	
  validaNon	
  
4.)	
  Event	
  triggers	
  and	
  longitudinal	
  
analysis	
  	
  
Analytics Magazine “Comprehending the Complete Customer” 2013
where	
  technology	
  meets	
  inspira3on	
  	
  l	
  	
  	
  ©2012.	
  All	
  rights	
  reserved.	
  where	
  technology	
  meets	
  inspira3on	
  
#CCSeries13
Q&A	
  
#CCSeries13
Panelists	
  
Leslie Belcher
Retail Industry Market
Development Manager
Microsoft
Alicia Fiorletta
Associate Editor
Retail TouchPoints
MODERATOR
George Casey
CTO and SVP,
Marketing
Junction Solutions
#CCSeries13
Thank	
  You	
  	
  For	
  Joining	
  Us	
  
www.retailtouchpoints.com/connected-consumer-2013
Embracing	
  Analy3cs	
  To	
  Boost	
  
Profits	
  And	
  Loyalty	
  
Tomorrow, 12 PM ET / 9 AM PT
The next Connected Consumer Series session…

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Social Media for Retail: Translating “Posts” into Profits

  • 1. Social  Media  for  Retail:   Transla3ng  “Posts”  Into  Profits   Presented by Session sponsored by
  • 2. #CCSeries13 About  CCS  2013   ü 9 Webinars, 4 Days ü Sessions covering Mobile, Social, Store Ops, X-Channel, and more ü Featuring industry analysts and consultants ü Free for Retail executives www.retailtouchpoints.com/connected-consumer-2013
  • 3. #CCSeries13 Follow  The  Webcast  On  Twi:er   #CCSeries13   @ConnectConsumer   @RTouchPoints  
  • 4. #CCSeries13 About  Retail  TouchPoints   ü Launched in 2007 ü More than 25,000 subscribers ü Provide executives with relevant, insightful content ü Free Resources such as White Papers, E-book, Webinars, Research and Podcasts www.RetailTouchPoints.com
  • 6. #CCSeries13 Today’s  Panelists   Leslie Belcher Retail Industry Market Development Manager Microsoft Alicia Fiorletta Associate Editor Retail TouchPoints MODERATOR George Casey CTO and SVP, Marketing Junction Solutions
  • 7.
  • 8.
  • 9. Facebook "  Worldwide there over a Billion users on Facebook, "  Every 60 seconds on Facebook: 510 comments are posted, 293,000 statuses are updated, and 136,000 photos are uploaded, "  50% of 18-24 year-olds go on Facebook when they wake up, "  One in five page views in the United States occurs on Facebook. Twitter "  Twitter has 140 Million active users, "  Sees 340 million tweets per day, "  About half of the world’s Twitter users are from the USA, "  Every second 750 tweets are being shared on Twitter. YouTube "  More than 1 billion unique users visit YouTube each month, "  Over 4 billion hours of video are watched each month on YouTube, "  72 hours of video are uploaded to YouTube every minute, "  70% of YouTube traffic comes from outside the US, "  In 2011, YouTube had more than 1 trillion views or around 140 views for every person on Earth.
  • 10.
  • 11.
  • 12. Increasing Customer Loyalty via Social Media There are many tactics to choose from, but most effective are those that create or strengthen customer connections: "  Crowdsourcing "  Online communities or forums "  Coordinated events that bring them together "  Platform to turn loyal shoppers into evangelists "  Gamification (repurchasing and loyalty) "  User-generated content
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18. PERSONAL: from mass merchandise to personal merchandise SEAMLESS: connect wherever, whenever, on any device DIFFERENTIATED: from standard to standout CONNECTED WITHOUT COMPROMISE: listen, learn and respond to customers PERSONALLY RELEVANT: increase productivity & focus on customers AGILE & OPPORTUNISTIC: anticipate trends, stop reacting, start being strategic The Dynamic Business
  • 19. © 2013 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista, and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries. The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.
  • 20. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on  
  • 21. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on   Attitude, Behaviors and Social Media
  • 22. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on   Social Media – The Everlasting Frontier eBook “The Top 5 Ways to Avoid Losing Customers This Year” Retail TouchPoints & Junction Solutions 2013
  • 23. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on   Descriptive Data (Who?) • Attributes • Demographics • Self-reported info Attitudinal Data (Why?) • Opinions • Preferences • Needs and Desires Interaction Data (How?) • E-mail/Social Media Transcripts • Call Center Notes • Clickstream Analysis Behavioral Data (What?) • Transactions • Payment History • Usage Information The New 360-degree View of the Customer Analytics Magazine “Comprehending the Complete Customer” 2013
  • 24. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on   Capturing the Digital Footprint By adding the “Pin It” button to tens of thousands of pages, within a few months, Pinterest became a top 10 referring site for Sephora.com in 2012. eBook “The Top 5 Ways to Avoid Losing Customers This Year” Retail TouchPoints & Junction Solutions 2013
  • 25. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on   •  Requires a discovery-driven approach –  Need the right “mindset” to be able to solve the problem efficiently –  Start with the “data story” rather than the business problem The Unstructured Data Problem Analytics Magazine “Comprehending the Complete Customer” 2013
  • 26. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on   MINDSET– WHY? •  How to overcome our biases for structured data? •  Hypothesis vs. discovery-driven approaches •  What customer problems can we solve and how? SKILL SET – HOW? •  Storage •  Manipulation •  Appreciation for quantitative techniques DATA SET – WHAT? •  Descriptive data •  Attitudinal data •  Interaction data •  Behavioral data Hypothesis Models vs. Data-Driven Discovery Analytics Magazine “Comprehending the Complete Customer” 2013
  • 27. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on   Integration, Insight and Action
  • 28. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on  
  • 29. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on  
  • 30. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on  
  • 31. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on   The 4 Keys to Integrate Attitude & Behavior 1.)  Behavioral  profiling  of  various   aLtudinal  segments   2.)  Understanding  the  linkage  between   behavioral  and  aLtudinal  data   3.)  Behavioral  segmenta3on  of  the   user  base,  with  an  aLtudinal  validaNon   4.)  Event  triggers  and  longitudinal   analysis     Analytics Magazine “Comprehending the Complete Customer” 2013
  • 32. where  technology  meets  inspira3on    l      ©2012.  All  rights  reserved.  where  technology  meets  inspira3on  
  • 34. #CCSeries13 Panelists   Leslie Belcher Retail Industry Market Development Manager Microsoft Alicia Fiorletta Associate Editor Retail TouchPoints MODERATOR George Casey CTO and SVP, Marketing Junction Solutions
  • 35. #CCSeries13 Thank  You    For  Joining  Us   www.retailtouchpoints.com/connected-consumer-2013 Embracing  Analy3cs  To  Boost   Profits  And  Loyalty   Tomorrow, 12 PM ET / 9 AM PT The next Connected Consumer Series session…