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Fishing for Insight
     in a Sea of Social Media




This is a presentation about why and how I believe researchers should
                   listen to what people say online…
The power of mutuality
The Clown Fish and Sea Anemone live in harmony and have a symbiotic
    and mutualistic relationship based on sharing and reciprocity.

 I believe today’s brands need to build more mutualistic relationships
with people, by giving them the products, services, content, experiences
 and utility that they need and value. In return people will give their
          loyalty, social promotion, data openness and insight.




Listening to what people say and seeing what has social currency online,
    is an essential input for building more mutualistic relationships….
If a fish were a conversation…



Then what does that
 make researchers?
…then researchers are fishermen




 Sailing the seas for
 conversations that
will inspire insights….
…and gourmet chefs



              Serving insights that
              help inspire healthy
               business decisions
Traditional research can satisfy…




   Traditional methods like panel
      based surveys and group
  discussions are valuable because
 they give you CONTROL to ask the
  questions that you and the client
               want…
…but it can also lack
‘real-world’ flavour




   The questions you ask are on the
   client’s terms and not necessarily
           on people’s agenda
And the world has gone digital




                 People spend so much of their
                  time online. Researchers are
               supposed to understand people.
                 It is essential to listen to what
                they say, to be able to do this…
Yet many researchers still reject
          new tools

                  Many
              researchers
             are addicted
                  to the
             familiarity of
               traditional
             methods and
                 legacy
                revenues
Which poses a threat to the
    research industry


                     This means that
                      untrained, non-
                 specialists without any
                   regard for research
                   ethics or quality of
                  analysis will instead
                 operate in new spaces
                     like social media
                          research
Today’s researchers should
         embrace social media



Because it is:

1.   Naturalistic Free from any research effects
2.   Contemporary Essential to inform social media strategies
3.   Accessible Readily available online
4.   Contextual Adding a layer of social context to insights
AND….it’s in ‘real-time’…

               Just to clarify, this is a ‘reel’
                            pun.

                          Thanks.

              Companies like Gatorade have
              teams dedicated to listening to
               what people say about them.

              This is where market research
                      needs to get to…
This assumes conversations exist



  - March 2010 - more than 10 billion tweets since launch1
  - July 2010 - more than 20 billion tweets



                          …. there does seem to be a few
                          out there….



SOURCE:
1 – Claudine Beaumont, ‘Twitter hits 10 billionth tweer’, Telegraph (March 5th 2010)
Not just brand-specific
                  conversations

     What people say in general – without any brand mention –
     can be more informative….


      • Clients over-estimate people’s actual interest in
        interacting with them in social media (by a
        factor of three1).



Source:
1 - From Social Media to Social Customer Relationship Management’, IBM Global
Services, Carolyn Heller Baird and Gautam Parasnis (2011)
Listening should be ‘ethical’



I do not believe we should listen to conversations within
private networks like facebook, or by getting into password
protected forums by creating false accounts….




 ….But I do believe that someone’s tweet or comment on a
 blog is a knowingly public act. And to listen to them, is an act
 of empowerment rather than violation.
Manual searches are a start




To listen, you could just cast a single line out by searching in
google or twitter…..but that will only get your so far.
Free aggregation tools also help




            Or you could
            use
            aggregation
            tools and alert
            systems to
            catch more
            relevant
            conversations
Bespoke software maximises
    chances of success




      To get the most value, I believe you need
      specialist partners….
The right partner depends on
       budget and needs…




  Free-Tools     Dashboards          Consultants

• Added value   • Ad hoc studies   • Project retainer
• Light         • Rigorous         • Rigorous
  exploration     exploration        measurement
But different partners do vary


                                                         They produce
                                                         different results.
                                                         …real value is not in
                                                         the numbers….but
                                                         in using tools to
                                                         help interpret
                                                         emotion and
                                                         meaning
                                                         qualitatively


Source:
1 – Interaction London Monitoring Tools Review (July, 2010)
Aggregated sentiment is limited

Sentiment scores are a bit like ‘fish fingers’: A bland
amalgamation which lacks flavour. (You would never come out
of a group discussion with a percentage of positive sentiment)….




•     It is not necessarily             •     And there are venue effects
      nationally representative               meaning different platforms
      since individuals self select           tend to foster different types
                                              of sentiment
Source:
(Ying, Feinberg and                     Source:
Wedel 2006)                             (Schwiedel, Moe and Boudreaux 2011)
Be different, and let others
  obsess with sentiment…




              I believe researchers should
              move away from sentiment
              and instead focus on nuance,
              context and qualitative
              meanings…
Listening tools help you spot
               patterns
Tools like Sysomos
help you quickly
crunch hundreds of
conversations to see
which themes
regularly arise…


                         This helps you work
                         out which ones to
                         focus on, and allows
                         you to refine your
                         searches to explore
                         them in more detail
…and uncover social narratives




The tools help you
Identify how brand
conversations and
relevant meme’s spread
like stories across
channels and
throughout networks
To create social currency you
      must first understand it

Social Media
Research
means you can
identify what
themes,
memes and
content are
most likely to
inspire
conversation
This is a lot more manual than
          automated…
Which requires patience and
          resolve




                    …It’s a case of trial and
                   error to spot the themes
                   that matter strategically
And familiar traditional
     And familiar qualitative
       qualitative skills
           techniques




…it’s fundamentally about
 using qualitative skill to
 be go from conversation
       to insight and
    recommendation…
In-house and agency teams aren’t
     necessarily best placed




                                                  The hectic and stormy worlds of
                                                  agencies and clients mean they
                                                 cannot commit the time and may
                                                not have the skills to get real value
                                                   from social media research……
                                                  …..but although researchers are
                                                well placed, they barely feature in
                                                            this space….

Source:
1 – eConsultancy Online Measurement and Strategy Report (2011)
Researchers are well placed to
  find value (and should charge)




  For researchers to get proper value
from social media research, they have
  to charge a premium for their time
         (and the software)…..
But it’s hard to charge without
   evidence of the value…
A couple of pilots help




   *
                Pilot Fish *
And stake-holder workshops to
 Cast into the organisation
  get the net out further




 There are so many interested parties
  (from marketing, to insight, CRM, PR
 and digital teams….) that it’s essential
    to get all stakeholders on board….
Why not just listen?




    If researchers ignore the value in social media, they will
     be less able to understand and represent what people
   think, feel and do…..and their role as primary providers of
       insight may get gobbled up….... why not just listen?

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Fishing for insight in a sea of social media slideshare

  • 2. Fishing for Insight in a Sea of Social Media This is a presentation about why and how I believe researchers should listen to what people say online…
  • 3. The power of mutuality The Clown Fish and Sea Anemone live in harmony and have a symbiotic and mutualistic relationship based on sharing and reciprocity. I believe today’s brands need to build more mutualistic relationships with people, by giving them the products, services, content, experiences and utility that they need and value. In return people will give their loyalty, social promotion, data openness and insight. Listening to what people say and seeing what has social currency online, is an essential input for building more mutualistic relationships….
  • 4. If a fish were a conversation… Then what does that make researchers?
  • 5. …then researchers are fishermen Sailing the seas for conversations that will inspire insights….
  • 6. …and gourmet chefs Serving insights that help inspire healthy business decisions
  • 7. Traditional research can satisfy… Traditional methods like panel based surveys and group discussions are valuable because they give you CONTROL to ask the questions that you and the client want…
  • 8. …but it can also lack ‘real-world’ flavour The questions you ask are on the client’s terms and not necessarily on people’s agenda
  • 9. And the world has gone digital People spend so much of their time online. Researchers are supposed to understand people. It is essential to listen to what they say, to be able to do this…
  • 10. Yet many researchers still reject new tools Many researchers are addicted to the familiarity of traditional methods and legacy revenues
  • 11. Which poses a threat to the research industry This means that untrained, non- specialists without any regard for research ethics or quality of analysis will instead operate in new spaces like social media research
  • 12. Today’s researchers should embrace social media Because it is: 1. Naturalistic Free from any research effects 2. Contemporary Essential to inform social media strategies 3. Accessible Readily available online 4. Contextual Adding a layer of social context to insights
  • 13. AND….it’s in ‘real-time’… Just to clarify, this is a ‘reel’ pun. Thanks. Companies like Gatorade have teams dedicated to listening to what people say about them. This is where market research needs to get to…
  • 14. This assumes conversations exist - March 2010 - more than 10 billion tweets since launch1 - July 2010 - more than 20 billion tweets …. there does seem to be a few out there…. SOURCE: 1 – Claudine Beaumont, ‘Twitter hits 10 billionth tweer’, Telegraph (March 5th 2010)
  • 15. Not just brand-specific conversations What people say in general – without any brand mention – can be more informative…. • Clients over-estimate people’s actual interest in interacting with them in social media (by a factor of three1). Source: 1 - From Social Media to Social Customer Relationship Management’, IBM Global Services, Carolyn Heller Baird and Gautam Parasnis (2011)
  • 16. Listening should be ‘ethical’ I do not believe we should listen to conversations within private networks like facebook, or by getting into password protected forums by creating false accounts…. ….But I do believe that someone’s tweet or comment on a blog is a knowingly public act. And to listen to them, is an act of empowerment rather than violation.
  • 17. Manual searches are a start To listen, you could just cast a single line out by searching in google or twitter…..but that will only get your so far.
  • 18. Free aggregation tools also help Or you could use aggregation tools and alert systems to catch more relevant conversations
  • 19. Bespoke software maximises chances of success To get the most value, I believe you need specialist partners….
  • 20. The right partner depends on budget and needs… Free-Tools Dashboards Consultants • Added value • Ad hoc studies • Project retainer • Light • Rigorous • Rigorous exploration exploration measurement
  • 21. But different partners do vary They produce different results. …real value is not in the numbers….but in using tools to help interpret emotion and meaning qualitatively Source: 1 – Interaction London Monitoring Tools Review (July, 2010)
  • 22. Aggregated sentiment is limited Sentiment scores are a bit like ‘fish fingers’: A bland amalgamation which lacks flavour. (You would never come out of a group discussion with a percentage of positive sentiment)…. • It is not necessarily • And there are venue effects nationally representative meaning different platforms since individuals self select tend to foster different types of sentiment Source: (Ying, Feinberg and Source: Wedel 2006) (Schwiedel, Moe and Boudreaux 2011)
  • 23. Be different, and let others obsess with sentiment… I believe researchers should move away from sentiment and instead focus on nuance, context and qualitative meanings…
  • 24. Listening tools help you spot patterns Tools like Sysomos help you quickly crunch hundreds of conversations to see which themes regularly arise… This helps you work out which ones to focus on, and allows you to refine your searches to explore them in more detail
  • 25. …and uncover social narratives The tools help you Identify how brand conversations and relevant meme’s spread like stories across channels and throughout networks
  • 26. To create social currency you must first understand it Social Media Research means you can identify what themes, memes and content are most likely to inspire conversation
  • 27. This is a lot more manual than automated…
  • 28. Which requires patience and resolve …It’s a case of trial and error to spot the themes that matter strategically
  • 29. And familiar traditional And familiar qualitative qualitative skills techniques …it’s fundamentally about using qualitative skill to be go from conversation to insight and recommendation…
  • 30. In-house and agency teams aren’t necessarily best placed The hectic and stormy worlds of agencies and clients mean they cannot commit the time and may not have the skills to get real value from social media research…… …..but although researchers are well placed, they barely feature in this space…. Source: 1 – eConsultancy Online Measurement and Strategy Report (2011)
  • 31. Researchers are well placed to find value (and should charge) For researchers to get proper value from social media research, they have to charge a premium for their time (and the software)…..
  • 32. But it’s hard to charge without evidence of the value…
  • 33. A couple of pilots help * Pilot Fish *
  • 34. And stake-holder workshops to Cast into the organisation get the net out further There are so many interested parties (from marketing, to insight, CRM, PR and digital teams….) that it’s essential to get all stakeholders on board….
  • 35. Why not just listen? If researchers ignore the value in social media, they will be less able to understand and represent what people think, feel and do…..and their role as primary providers of insight may get gobbled up….... why not just listen?