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Presentation 2a Social media effectiveness and return on investment Get Media Smart – social media

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Page 1: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

Presentation 2aSocial media effectiveness andreturn on investment

Get Media Smart – social media

Page 2: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

2Social marketing to promote products

Get Media Smart – social media

A market research case study shows how three different consumer brands have used social marketingto promote their products, and how they measure the effectiveness of their campaigns.

Case study one – a popular tinned food brand wanted to influence the trial of a new product range.

Page 3: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

3Social marketing to promote products

Get Media Smart – social media

A market research case study shows how three different consumer brands have used social marketingto promote their products, and how they measure the effectiveness of their campaigns.

Case study two – a breakfast cereal brandwanted to attract new customers from a group described as ‘urban foodies’.

Page 4: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

4Social marketing to promote products

Get Media Smart – social media

A market research case study shows how three different consumer brands have used social marketingto promote their products, and how they measure the effectiveness of their campaigns.

Case study three – a company selling tea wanted to promote new products and increase sales in stores and through their website.

Page 5: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

5Social marketing to promote products

Get Media Smart – social media

How did the research work?

Working with specialist market researchersthe brands carried out interviews andquestionnaires with two groups ofpotential customers:

• Customers who had never seen thebrands on social media.

• Customers who followed the brands on social media.

Page 6: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

6The potential customers

Get Media Smart – social media

Customers who had never seen the brands on social media (but did use social media for other things).

Page 7: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

7The potential customers

Get Media Smart – social media

Customers who followed the brands on social media.

Page 8: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

8Measuring the impact of social media

Get Media Smart – social media

The researchers wanted to find out where the potential customerswere along the ‘purchase funnel’, a decision-making journey leading to the purchase of a product and developing loyalty to the brand.

The steps along the funnel are:

• Aware of the product• Considering buying• Buy now• Buy more often in the future• Participate in product trials• Recommend to others

Page 9: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

Measuring the impact of social media

Get Media Smart – social media

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The researchers wanted to find out where the potential customerswere along the ‘purchase funnel’, a decision-making journey leading to the purchase of a product and developing loyalty to the brand.

Those exposed to brands’ social media rate significantlyhigher across all steps of the purchase funnel.

Page 10: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

10Measuring the impact of social media

Get Media Smart – social media

The improved response seen among people who have engaged with the brands via social media is called the ‘uplift’.

Page 11: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

11But which came first?

Get Media Smart – social media

Are people on social media because they’re loyal or are people loyal because they are on social media?

Page 12: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

12Engagement with brand activity

Get Media Smart – social media

Researchers discovered that social media had the biggest impact on ‘brand sentiment’, how people feel about the brand.

Page 13: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

13Engagement with brand activity

Get Media Smart – social media

But not everybody on social media is the same… the level of engagement with brand activity makes a difference.

Page 14: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

14Case study one

Get Media Smart – social media

Potential customers who saw images of new products posted on Facebook were more likely to try the product.

Page 15: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

15Case study two

Get Media Smart – social media

Facebook and Twitter campaign targeting the new ‘urban foodies’ customer group showed a long-term impact on followers’ likelihood to recommend the brand to others.

Page 16: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

16Case study three

Get Media Smart – social media

Facebook and Twitter campaign inviting selfie postingshad an immediate impact and more customers said theywere considering purchase of speciality teas.

Page 17: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

17Why do brands use social media?

Get Media Smart – social media

Return on investment (ROI)This ROI calculation is based on the return (value) of converting an average customer into a loyal customer.

Page 18: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

18Why do brands use social media?

Get Media Smart – social media

Page 19: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

19Return on investment (ROI)

Get Media Smart – social media

Page 20: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

20Acknowledgements

Get Media Smart – social media

The information in this presentation was provided by:

The Internet Advertising Bureauwww.iabuk.net

a Creston Insight companywww.marketing-sciences.com

Page 21: Presentation 2a Social media effectiveness and … Media...Social marketing to promote products 4 Get Media Smart – social media A market research case study shows how three different

mediasmart.uk.com

Get Media Smart – social media

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