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Predict the Future Through Social Media
Get ahead of the curve by becoming
a trendspotter
Heidi Sullivan, SVP, Digital Content, @hksully
Tom Ritchie, SVP, Product Management, @Tom_Cision
#cision
Trends – Why track them?
 Insights into community
and consumer behavior
 Inspiration/Innovation
 Expand knowledge base to
become a more electric
personality
 Speak the language of your
community
 Create timely story ideas
#cision
What are we looking for?
What can we find with trendspotting?
#cision
You can’t have an audience without
people.
#cision
And you can’t have
effective
marketing if you
can’t reach those
people.
#cision
66
There is no more silver bullet.
#cision
Is your content reaching
your intended audience?
Google increased
the importance of
original content
when they
determine Search
Engine Results Page#cision
“If the news is
that important, it
will find me.”
- A college student in an article by Brian Stelter in the New York
Times, March 2008
#cision
Why Influencers?
#cision
1010
The tip of the iceberg
1% of any population will be active content creators
9% will be participants
90% will simply "consume" that content online
- Rohit Bhargava, Influential Marketing Blog
#cision
The Hush Puppy Concept
No, not these: These:
#cision
The Hush Puppy Concept
 1994 – Hush Puppies struggling
as a brand
 A few NYC hipsters started
wearing them
 Spread to NYC fashion, then the
rest of the country
 Sales exploded by 5000% in 2
years
 Q: Do influencers start trends?
#cision
Duncan Watts’ Online Music
Download Study
• 14,000 participants rank 48 songs
• When not provided with others’ ranks, results
were completely random
• When provided with group ranks, users followed
the herd and word of mouth took over
#cision
Do influencers truly influence the masses?
Malcolm Gladwell: Law of the Few
“The success of any kind of social epidemic is heavily
dependent on the involvement of people with a
particular and rare set of social gifts.”
VS
Duncan Watts: Trends are Unpredictable
“A rare bunch of cool people just don’t have that power.
And when you test the way marketers say the world
works, it falls apart.”
#cision
1515
Who is right:
Watts or Gladwell?
 Both. Trends still begin
with a small few and are
spread by those with
connections.
 Influencers can change
over time – and anyone
can become an influencer.
 However, a general rule of
thumb is that influencers
tend to talk to each other. #cision
1616
To identify our
influencers, we
need to identify our tribe.
#cision
1717
Know your niche – the devil is in the details
About one quarter of bloggers tracked in Cision’s media database
cover one of 26 “first tier” general topics. The rest cover more
specific topics.
General
23%
Specific
77%
Source: Cision Media Research
#cision
1818
Influencers Talk to Each Other
 Once you find one or two influencers in your space, see who
they are talking to and who they reference
#cision
1919
Yesterday’sAudience– The BucketMethod
Age
Income
Geography
Gender
Race
Marital Status
#cision
2020
Male
35-44 years old
Income $50K+
Married
Some College
Chicago
Volleyball Player
Starbucks Coffee
Drinker
Liberal
Sox/Bears Fan
Avid Fisherman
YouTube Viewer
Food Blogger
Tweets 3x/day on
average
100+ Brand/Movie
Likes on Facebook
DEMOGRAPHICS PSYCHOGRAPHICS SOCIALGRAPHICS
Deeper understanding of end-users
#cision
2121
Blogger
Tweets
3x/day
100+
Facebook
Brand Likes
Volleyball
Player
Starbucks
Coffee
Drinker
Liberal
Sox/Bears
Fan
Avid
Fisherman
Male
35-44 years
old
Household
Income
$50K+
Married
Some
College
Chicago
35-44 years
Today’s
Consumer in
Real-time
#cision
Look-Alike & Response Models
#cision
VOLUME VS. ACCELERATION =
VELOCITY
#cision
Share of voice vs. share of trend
Nike vs. New Balance overall blog mentions
% increase Nike vs. New Balance on “barefoot running”
Nike
New
Balance
Nike
New
Balance
0
100
200
300
400
500
600
2010 2011
#cision
Mining internal troves of unstructured data
A new breed of language
processing tools is deriving deep
insights from customer
conversations
Advanced text analytics have arrived
• Going beyond mere sentiment detection, modern tools
also provide context and help to mine for attributes (e.g.
the author’s intent)
• A bird’s eye view of unstructured text will show you what
your customers are trying to ask you for
Source: OpenAmplify
Intent analysis
“I have to ask my sister about which
tablet PC to get. She knows all about
those.”
“So many tablets out there! Which one?”
“I’m finally ready to get a tablet.
Recommendations?”
We have access to conversations that
we’ve never had before.
• IDENTIFY communities and influencers.
• LISTEN to conversations and blog posts to identify
trends and gain insights.
• PARTICIPATE and build relationships, becoming a
member of the community (and not just a PR person.)
• RESEARCH trends, companies, technologies and more.
• CREATE real stories about your brand that connect
with trends and news of the day in your industry.
#cision
Trends aren’t just about PR
- From trendwatching.com’s “15 Trend Tips”
#cision
Predict the Future Through Social Media
QUESTIONS?
Heidi Sullivan, SVP, Digital Content, @hksully
Tom Ritchie, SVP, Product Management, @Tom_Cision
#cision

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Predict the Future Through Social Media

  • 1. Predict the Future Through Social Media Get ahead of the curve by becoming a trendspotter Heidi Sullivan, SVP, Digital Content, @hksully Tom Ritchie, SVP, Product Management, @Tom_Cision #cision
  • 2. Trends – Why track them?  Insights into community and consumer behavior  Inspiration/Innovation  Expand knowledge base to become a more electric personality  Speak the language of your community  Create timely story ideas #cision
  • 3. What are we looking for? What can we find with trendspotting? #cision
  • 4. You can’t have an audience without people. #cision
  • 5. And you can’t have effective marketing if you can’t reach those people. #cision
  • 6. 66 There is no more silver bullet. #cision
  • 7. Is your content reaching your intended audience? Google increased the importance of original content when they determine Search Engine Results Page#cision
  • 8. “If the news is that important, it will find me.” - A college student in an article by Brian Stelter in the New York Times, March 2008 #cision
  • 10. 1010 The tip of the iceberg 1% of any population will be active content creators 9% will be participants 90% will simply "consume" that content online - Rohit Bhargava, Influential Marketing Blog #cision
  • 11. The Hush Puppy Concept No, not these: These: #cision
  • 12. The Hush Puppy Concept  1994 – Hush Puppies struggling as a brand  A few NYC hipsters started wearing them  Spread to NYC fashion, then the rest of the country  Sales exploded by 5000% in 2 years  Q: Do influencers start trends? #cision
  • 13. Duncan Watts’ Online Music Download Study • 14,000 participants rank 48 songs • When not provided with others’ ranks, results were completely random • When provided with group ranks, users followed the herd and word of mouth took over #cision
  • 14. Do influencers truly influence the masses? Malcolm Gladwell: Law of the Few “The success of any kind of social epidemic is heavily dependent on the involvement of people with a particular and rare set of social gifts.” VS Duncan Watts: Trends are Unpredictable “A rare bunch of cool people just don’t have that power. And when you test the way marketers say the world works, it falls apart.” #cision
  • 15. 1515 Who is right: Watts or Gladwell?  Both. Trends still begin with a small few and are spread by those with connections.  Influencers can change over time – and anyone can become an influencer.  However, a general rule of thumb is that influencers tend to talk to each other. #cision
  • 16. 1616 To identify our influencers, we need to identify our tribe. #cision
  • 17. 1717 Know your niche – the devil is in the details About one quarter of bloggers tracked in Cision’s media database cover one of 26 “first tier” general topics. The rest cover more specific topics. General 23% Specific 77% Source: Cision Media Research #cision
  • 18. 1818 Influencers Talk to Each Other  Once you find one or two influencers in your space, see who they are talking to and who they reference #cision
  • 20. 2020 Male 35-44 years old Income $50K+ Married Some College Chicago Volleyball Player Starbucks Coffee Drinker Liberal Sox/Bears Fan Avid Fisherman YouTube Viewer Food Blogger Tweets 3x/day on average 100+ Brand/Movie Likes on Facebook DEMOGRAPHICS PSYCHOGRAPHICS SOCIALGRAPHICS Deeper understanding of end-users #cision
  • 22. Look-Alike & Response Models #cision
  • 23. VOLUME VS. ACCELERATION = VELOCITY #cision
  • 24. Share of voice vs. share of trend Nike vs. New Balance overall blog mentions % increase Nike vs. New Balance on “barefoot running” Nike New Balance Nike New Balance 0 100 200 300 400 500 600 2010 2011 #cision
  • 25. Mining internal troves of unstructured data A new breed of language processing tools is deriving deep insights from customer conversations
  • 26. Advanced text analytics have arrived • Going beyond mere sentiment detection, modern tools also provide context and help to mine for attributes (e.g. the author’s intent) • A bird’s eye view of unstructured text will show you what your customers are trying to ask you for Source: OpenAmplify
  • 27. Intent analysis “I have to ask my sister about which tablet PC to get. She knows all about those.” “So many tablets out there! Which one?” “I’m finally ready to get a tablet. Recommendations?”
  • 28. We have access to conversations that we’ve never had before. • IDENTIFY communities and influencers. • LISTEN to conversations and blog posts to identify trends and gain insights. • PARTICIPATE and build relationships, becoming a member of the community (and not just a PR person.) • RESEARCH trends, companies, technologies and more. • CREATE real stories about your brand that connect with trends and news of the day in your industry. #cision
  • 29. Trends aren’t just about PR - From trendwatching.com’s “15 Trend Tips” #cision
  • 30. Predict the Future Through Social Media QUESTIONS? Heidi Sullivan, SVP, Digital Content, @hksully Tom Ritchie, SVP, Product Management, @Tom_Cision #cision

Editor's Notes

  1. Polling Question: Have you read Malcolm Gladwell’s Blink?
  2. Presumed and fixed characteristics. Observable characteristics
  3. Jay