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Social Media Monitoring & ROI Forum
    - “Don’t let the tail wag the dog”



                  Jeff Carruthers
               Managing Director
              Resonate Solutions
                  Twitter: @resonateAU
Social media monitoring & ROI:




       Don’t let the tail wag the dog…
Social media monitoring has failed…?
A larger more evolutionary picture…
Socially integrated customer data…
Socially integrated customer process…
Customer feedback explosion…


  Closed Loop Feedback

  Voice of the Customer

  Customer Insight & Action

  Net Promoter Score (Relationship/Transactional)
Key ingredient #1: Identity
Key ingredient #2: Standard Metrics



          How likely are you to recommend brand x to your
          friends and colleagues?
Key ingredient #3: Insights from text
Comments in context…
Insight & action cycle… now with social media


                       Listen




            Improve               Act




                       Discover
What does this mean for social media monitoring?



    From known customers to unknown consumers:

      Topic/theme/driver alignment or gap

      Sentiment/disposition (eg. Inferred NPS)

      Social media velocity (topic/individuals/social graph, segments)

      One customer view – where identified
Key challenge: The quest for identity

     Ask via social media!

     Ask during a service query

     Social media initiated surveys

     Competitions & games

     Loyalty program updates

     Online communities
Dog firmly in control of tail…
Jeff Carruthers
jeff.carruthers@resonatesolutions.com.au
Ph: 0414 556 244
www.resonatesolutions.com.au

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