Online research for social media insight

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This is the slide deck for my class leadership report for the Social Media Marketing and Management course at the Schulich School of Business. The presentation provides an overview of why social media has become an invaluable resource for marketing research today. It outlines the advantages of using social media for marketing research vis-a-vis traditional marketing research methods and discusses how to leverage social media in order to generate valuable insights for marketers. Make sure to read the speaker notes for additional insights as you go through the slides. Feel free to post any questions in the comments.

Citation preview

Online Researchfor Social Media Insight

Making sense of it all

Jeric Kison

March 2, 2011

Insights

Likes

Retweets

Clickthrough rates

Impressions

FollowersFans

ViewsComments

Replies Ratings

Insights

Perceptions

Awareness

Understanding

Perspective

Actionable

Agenda

1 Why use social media for research?

2 What can we learn from social media?

3 How do we leverage social media?

Why use social media for research?

Traditional methods are limited

Artificial

Inaccurate

Obtrusive

Expensive

Social media’s advantages

Natural

Relevant

Accessible

Cost-effective

They’re complementary

Traditional Online

What can we learn from social media?

The customer

Context

The product

Detail

The brand

Sentiment

How do we leverage social media?

Select

Source: http://www.theconversationprism.com/

Listen

Consolidate

Act

Some final insights

1 Traditional research methods have limitations, a lot of which are overcome by social media

2 Social media provide a rich source of relevant and valuable information

3 Researching via social media requires a significant investment in time and effort

Thank you!

Feel free to post your comments and questions!