how emotions impact the rise and fall of top brands on social media - das miami, 3/2/16
TRANSCRIPT
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HOW EMOTIONS IMPACT THE RISE AND FALL
OF TOP BRANDS IN SOCIAL MEDIA
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WELCOME
Robyn Lindars Sales Director
NetBase @GrillGirlRobyn
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AGENDA
• LEVERAGING SOCIAL MEDIA
• 2016 NETBASE BRAND PASSION REPORT: LUXURY • KEY FINDINGS FROM CONVERSATION ON LUXURY BRANDS • HOW EMOTIONS PLAY A ROLE
• WHO’S WINNING
• Q&A
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What Marketing Uses Social for Today
15
21
30
42
49
50
53
5759
0 10 20 30 40 50 60 70
Predictwhatmighthappeninthefuture
Productinnova=on
SeehowIrankversuscompe==on
Sellviasocial
Knowwhat'strendinginmycategory
Protectmybrandreputa=on
Trackbrandcampaignsandlaunches
Improvecustomercareandexperience
Knowwhatconsumerssayaboutmybrand
Source: NetBase Poll 2016 (Marketers and Agencies)
% Agree, n=230+
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Brand analysis 1
2
3
Competitive intelligence
Campaign tracking
4 Product innovation
5 Customer care
Leverage Social for…
Testimonial advertising 6
7
8
Influencer marketing
Risk management
9 Purchase intent
And more 10
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What is your client’s social standing? How are your client’s competitors performing? What is possible when you can convert millions of consumer comments about brand preferences into the most illuminating insights?
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Which Brands Own the Conversation?
18.8%
9.3%
71.9%
MENTIONS BY TIERS
Top 15 Top 16-30 Top 31-45
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In Which Industries Were the Top 45 from?
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36%
31%
13%
9%
9% 2%
Fashion&Handbags
Automo=ve
Jewelry&Accessories
Ecommerce
Tech&Telecomm
SportsApparel
TOP 45 INDUSTRY SPLIT
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Luxury is Packed with Emotion…and We Know Consumer Passion Influences Brand Growth
Gucci Guilty…makes me feel good and encourages me to dress up, as the fragrance screams Luxury. - vynusmagnus, reddit.com
I’m so excited that I got the Yves Saint Laurent Rogue Volupte Silky Sensual Radiant Lipstick…It’s a nude pink that I should be able to wear with anything. - Mary S., swatchandlearn.com
In case I haven’t mentioned yet, we really like Amazon Prime. It fills our house with little luxuries. - R. Dudilius, harmonious-smith.blogspot.com
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The Power of Knowing Consumer Emotion
Allows you to shape and create an ideal customer experience
Indicator of how consumers feel
about your work in marketing, customer care, and product – and if they will stick
with you
Links to consumption, business
performance, long-term brand health
and tracks a brand’s movement
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59
69
GLOBAL PASSION INDEX
GLOBAL NET SENTIMENT
Passion is a strong metric for luxury brands – as consumer purchases are highly emotional. Are you winning the hearts of the consumer?
Net Sentiment is an indicator of brand health and is a predictor of consumer actions.
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In summary…
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For leading agencies, the task is to acquire a deep understanding of the dynamic consumer by getting a handle on emotions, competition, category dynamics, and relevancy.