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Ahmeed Rahim Benjamin Moore Gauri Nagpal Max Goodley Will Rivera
Digital Marketing& Social Media Strategy Group Presentations Section: 11:30
Agenda
• Social Media Monitoring Volume and Sentiment Trends Content and Influencers Affinities
• Marketing, Social Media, and Financial Performance Marketing and Financial Performance Social Media and Financial Performance Marketing and Social Media Marketing, Social Media, and Financial Performance
• The MyProject App Features Promotion Target Users
Social Media Monitoring
Volume Sentiment
Constant Volume 1) Miley Cyrus joke 2) Controversial racist tweet3) Credit card info hacked
Neutral overall sentiment 1) Credit card breach 2) Retool Your School
Campaign3) Racist tweet
Content
2013-2015: posts about gift card giveaways and job postings
2013: posts about the Miley Cyrus joke
2014: posts about a credit card breach and plants with pesticides
2015: posts about gift card giveaways and job postings
Affinities
Home Depot (01/01/2013 - 10/22/2015) All of Twitter
Blogging
Coupons
MSNBC Affordable Care Act
Parenting
Chelsea Handler
Home Improvement
Celebrities
Real Estate
R&B
Being a Mom
Hip HopMTV
Marketing, Social Media, and Financial Performance
Marketing Expenditures and Financial Performance
• Data Used Marketing spend vs
Financial performance/ Stock Price
Shifted to data to see if marketing had a “lag” effect
Synergy with different variables (internet, tv, and dif marketing channels)
• Results Not significant Recommendation: To create
better tools or metrics to quantify marketing expenditures performance
Social Media and Financial Performance No significant relationship between volume of posts and
quarterly gross profit or volume of posts and stock price
No significant relationship between post sentiment (positive, neutral, negative) and quarterly gross profit, but there was a significant relationship between post sentiment (neutral and negative) and stock price
There was no significant relationship between positive post sentiment and stock price
Marketing Expenditures and Social Media
For every $1000 of marketing spend on...
This Month Next Month
Internet
Syndication
Magazine
SLN TV
-6
Total Posts Positive Posts Total Posts Positive Posts
-17
+11
+1
+1 +10 +1
+2
Bringing It All Together• Does interaction variable affect
quarterly gross profit?
Aggregate Marketing Expenditure x Volume of Positive Posts
• Fairly confident marketing does not have an effect on a quarterly level
p value = 0.11
• Ways to increase statistical significance
Acquire more detailed data Income per week Volume of posts directly
related to Home Depot
• Results driven by Majority social media content
caused by external events Minority of posts caused by a
Home Depot marketing campaign
The MyProject App by Home Depot
App Overview
Same Day and Long Term Scheduling and Tracking
Contact Your Home Depot Contractor
Do It Yourself
Blog
Donate to Causes
Project Scheduling
Short Term • “Uber-like” • Quick fixes/ maintenance • Find a contractor near you
who can come right now • Home Depot stamp of
approval• Customer reviews
Long Term • Find a specialist • Track your progress • Link to current Home Depot
product app
Do It Yourself
Collection of DIY articles from blog Curate articles to your interests and needs Share articles on social media
Calendar of DIY workshops in your area Attracts moms and kids who are likely to post about
the experience later
Earn Points And Donate To Causes • Reach milestones and earn
points 3rd project Money spent
• Get a discount online
• Home Depot will donate to its sponsored causes 1 point = 1 cent Users can decide how much
to donate Retool Your School Veterans Campaign
Promote Positive Sentiment
Promotion (How to Target)
College Game Day Tent Create awareness among
football fans #let’sdogameday
#MyProjectApp
Gift cards People who recommend their
friends to the app First time users
Magazines
Promotion (Who To Target)
Top Affinities Blogging Coupons Parenting Home Improvement
Target Users New home owners Remodelers Parents DIY customers
Summary Marketing spend had no effect on financial performance Social media activity had little effect on financial performance Marketing spend had some effect on social media activity
Spend on internet and syndication had negative effect Spend on magazines and SLN TV had positive effect
Marketing spend and social media activity together had had no effect on financial performance
MyProject App serves mobile users in a new way
Q &A
20
Thank You!!