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® Copyright 2011 Moontoast, LLC. All Rights Reserved THE SOCIAL CONSUMER WHO ARE THESE PEOPLE AND WHY ARE YOU IGNORING THEM?

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"The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney, CEO of Moontoast. Presented at Murmuration 2012.

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Page 1: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

THE SOCIAL CONSUMER WHO ARE THESE PEOPLE AND WHY ARE YOU IGNORING THEM?

Page 2: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

The following slideshow was presented by Moontoast’s CEO

Marcus Whitney at

Murmuration 2012

2

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Page 3: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 3 3 | Copyright 2012 Moontoast, LLC. All Rights Reserved

People are spending more time on social

networks than ever before

Page 4: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 4 4 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 5: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 5 5 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 6: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 6 6 | Copyright 2012 Moontoast, LLC. All Rights Reserved

THE SOCIAL CONSUMER

77% 42%

1/3 6.3

Online adult population

on social networks

Consumers who said they

would shop directly on Facebook Number of retailers ‘followed’ by

the average consumer

2011 Social Commerce Study Top Findings

Source: 2011 Social Commerce Study, May 2011, a study by comScore, Inc., Social Shopping Labs, and Shop.org

Consumers who have

proactively “followed” a

retailer

Page 7: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 7 7 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Moontoast sees the opportunity

for your brand.

Page 8: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 8

At Moontoast, we envision a world where

brands are empowered to deliver happiness

to consumers by social design and robust

technology.

8 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 9: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 9 | Copyright 2012 Moontoast, LLC. All Rights Reserved

What we’re doing about it…

Page 10: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Our mission is to create the best technology

in the world for brands to leverage the

social revolution, creating and growing

valuable relationships with their consumers.

10 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 11: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Brands that LOVE their fans get

it.

They roll with us.

Page 12: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 12 12 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Brands who depend on their fans

are choosing Moontoast

to capture the

Social Commerce Opportunity.

Page 13: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 13

But we were still speaking another language

13 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 14: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Unique Value Proposition

14 14 | Copyright 2012 Moontoast, LLC. All Rights Reserved

We realized about 3 months ago, something

was missing. We couldn’t tell our story in the

terms that were left from the old web.

Page 15: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Unique Value Proposition

15 15 | Copyright 2012 Moontoast, LLC. All Rights Reserved

For example, look at the word: Conversion

con·ver·sion [kuhn-vur-zhuhn, -shuhn] Noun

1. the act or process of converting; state of being converted.

2. change in character, form, or function.

3. spiritual change from sinfulness to righteousness.

4. change from one religion, political belief, viewpoint, etc., to another.

5. a change of attitude, emotion, or viewpoint from one of indifference,

disbelief, or antagonism to one of acceptance, faith, or enthusiastic

support, especially such a change in a person's religion.

Page 16: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 16

A little strong isn’t it? I mean, it’s just marketing.

16 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 17: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

The Social Commerce Truths.

Page 18: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 18 | Copyright 2012 Moontoast, LLC. All Rights Reserved

People aren’t supposed to be pushed

through a funnel.

Page 19: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 19 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Traffic sucks.

No one wants to be converted.

People just want a good deal from a great brand.

Page 20: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 20 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Social Commerce isn’t just a strategy…

Page 21: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Page 22: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

The Realization

Page 23: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

We realized the Social Revolution for brands

is not about traffic & conversion.

23 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 24: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

We realized the Social Revolution for brands

is not about traffic & conversion.

It’s about…

24 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 25: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Relationships

25 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 26: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Relevancy

26 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 27: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Results

27 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 28: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Return on Fan

Page 29: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Return On Fan™

is the quantitative and qualitative measurement

of the impact that a fan has on a brand in the

Social Web.

29 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 30: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

All Fans are not created equal.

30 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 31: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Measure appropriately, build up the valuable relationships.

31 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 32: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 32 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Your Brand’s Ability to Relate Directly Impacts

Your Impressions

Page 33: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

In Social, Pay for play is not as effective as authentic relationships, and the rules of that game is EdgeRank

1. Affinity: If you spend more time talking with certain friends on Facebook by posting to their wall, your affinity with those friends will be stronger.

2. Weight: Weight is essentially the level of interaction a piece of content gets (for example, likes and comments).

3. Time Decay: Over time a post’s relevance decays, thus making it less important and pushing it down the feed.

Page 34: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

P&G Found Out: Social Saves Ad Dollars.

34 34 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 35: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 35 35 | Copyright 2012 Moontoast, LLC. All Rights Reserved

BUILDING RELATIONSHIPS

POSTS On average, expect 3% of your community

to interact with your posts through likes,

comments, shares, etc.

One post at at time.

PAGES 96% of fans who like a brand never return to

the page, rather they consume updates

through the news feed.

People are 40-150 times

more likely to consume

brand updates in the news

feed rather than on the

brand page itself.

Page 36: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

The Return on Fan™ Activation Lifecycle

Discovery

Interaction

Transaction

Endorsement

1

3

2

4

36 36 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 37: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Uh Oh… Don’t Piss Off the Social Media Police!!!

37 37 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 38: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

CMO Council and Lithium Study

38 38 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 39: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Here’s what we (CMOs) think they want…

39 39 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 40: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

They don’t care about the content. Give them the promos!

40 40 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Page 41: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Your Brand lives everywhere, not just

your website. TransAct like it.

Page 42: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 42 42 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Engage and Transact Where The Fan Is –

Distributed Social Commerce takes commerce to the fan,

maximizing engagement and transactions at the point of impression.

Social • Where fans connect

with the brand

• Impulse purchases

from Social prompts

• Built to be viral

Affiliate •Contextual offers on

partner sites

•Turn Fan and Affiliate

Sites into Fan Stores

• Co-Brand Stores to

add value to Affiliate

Sites

Ad

Networks • Transactional Ads

• Improved Conversion

and ROI

•Publishers keep fans

engaged

Mobile •QR Codes, SMS

Messages, Social Apps

and Check-In Apps

• Leverage GPS for

local context in

commerce

BRAND

OFFER

Page 43: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Moontoast SOCIAL ACTIVATION

ENGINE

Page 44: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 44 44 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Fan Activation For Everywhere Your Brand

Lives

Page 45: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

How Moontoast Social Activation Engine Works

45

Brand Fan Locations/Channels:

FB, Twitter, YouTube, Websites, Blogs, Content networks, Communities,

Portals, Mobile

Social Analytics: Transactional Data, Number of Likes Shared Stores, Top Selling Campaign Most Popular Product, Registrations,

Downloads

Brand Offers: Products, Content, Rewards Donations, Videos, Music,

Messages, Images, Coupons…

Social Apps: Social Stores

AdStores PopUp Stores Digital Promos Email Rewards

Contests Audio & Video

Surveys Mobile

Insights Influence Next Offer

Moontoast Social Activation Engine

Social Engagement Apps

Social Commerce Apps

Standard Analytics

Premium Analytics

Page 46: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved

Takeaway Time

Page 47: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 47 47 | Copyright 2012 Moontoast, LLC. All Rights Reserved

Three Disruptive Takeaways Three Disruptive Takeaways

1. Every Social Channel is a Loyalty Channel for your

brand (this includes content networks with comment

boards)

Three Disruptive Takeaways

1. Every Social Channel is a Loyalty Channel for your

brand (this includes content networks with comment

boards)

2. Stop comparing the sales you get in those channels to

your email / website sales. This is about Relationship

Building.

Three Disruptive Takeaways

1. Every Social Channel is a Loyalty Channel for your

brand (this includes content networks with comment

boards)

2. Stop comparing the sales you get in those channels to

your email / website sales. This is about Relationship

Building.

3. Transact everywhere (not just financially) to start to

measure your Return on Fan™.

Page 48: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

® Copyright 2011 Moontoast, LLC. All Rights Reserved 48 Icons by:

thenounproject.com

Thank You!

Page 49: "The Social Consumer: Who Are These People and Why Are You Ignoring Them" by Marcus Whitney

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