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ACHIEVING SOCIAL ROI CUSTOMER CASE STUDIES

Achieving Social ROI

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Page 1: Achieving Social ROI

ACH IEVING

SOCIAL ROI

CUSTOMER CASE STUDI ES

Page 2: Achieving Social ROI

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

Key Findings

Social media analytics have a lot of potential to drive improvements to your business. But how do they generate real return on investment, and how quick is the payback?

NetBase used TechValidate, a customer reference tool, to survey our customer base and capture real-world ROI data. 53 respondents from 36 companies, whose identities were confirmed by TechValidate, provided information about how they use NetBase and the value they have achieved. Customers assessed the time that NetBase has saved them in a number of marketing activities, compared to traditional methods; they also reported on overall revenue increases, operational cost savings, and ROI.

This report includes select case studies from the customers who participated in the study.

Looking at their responses in aggregate, we found that:

• Of 14 customers who reported on their time to ROI, 43% achieved positive ROI in less than six months and 79% achieved positive ROI in less than one year.

• Brand analysis, campaign and issue tracking, category analysis, and new product launches are the most widely cited NetBase use cases. The average customer addresses 3.67 use cases with NetBase.

• More than half of respondents report that NetBase has delivered time savings of 25% or more in campaign tracking, issue tracking, competitive analysis, and market research.

Results came from TechValidate who surveyed NetBase customers: http://www.techvalidate.com/product-research/netbase-insight-composer

Page 3: Achieving Social ROI

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

Key Findings

Source: TechValidate. TVID: 2DF-C01-94C

Source: TechValidate. TVID: FBA-E2A-ADB

Source: TechValidate. TVID: D2D-D93-C91

Page 4: Achieving Social ROI

“We are able to dive into campaigns and everyday conversations across a time period to track what works

in the social space and what doesn’t. We can also see this information for our competitors.”

– Charlotte Hides, Marketing Professional, Beam Global Spirits and Wine, Inc.

BRAND CASE STUDY

KEY CHALLENGES

USE CASES SUPPORTED BY NETBASE

RESULTS

WHY NETBASE?

Beam is Crafting the Spirits that Stir the World. Rooted in two centuries of family heritage, Beam has evolved into one of the world’s leading premium spirits companies.

• Get real-time feedback on campaigns and issues

• Protect valuable brand equity

• Understand consumer perceptions about the

competition

• Brand analysis

• Campaign tracking

• Product launch

• Influencer ranking

• Digital channel intelligence

• 50-75% less time spent on issue tracking

• 50-75% less time spent on campaign tracking

• 50-75% less time spent on competitive analysis

• 10-25% less time spent on customer care

• 50-75% less time spent on market research

• Speedy ramp period

• Accuracy of data

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

BEAM GLOBAL SPIRITS & WINE, INC.

Source: TechValidate survey of NetBase customers.

Page 5: Achieving Social ROI

“NetBase gives us instant access to the past year of data, so we can see the time-series changes anytime we require.”

BRAND CASE STUDY

KEY CHALLENGES

USE CASES SUPPORTED BY NETBASE

RESULTS

WHY NETBASE?

• Get real-time feedback on campaign execution

and issues

• Be tuned into the voice of the customer

• Understand the competition

• Brand analysis

• Campaign tracking

• Product launch

• Influencer ranking

• Category analysis

• Consumer sentiment analysis

• Reduced total cost of operation by 10-20%

with NetBase

• 75-100% less time spent on campaign tracking

• 75-100% less time spent on issue tracking

• 25-50% less time spent on competitive analysis

• 25-50% less time spent on market research

• Speedy ramp period

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

LARGE ENTERPRISE BEVERAGE COMPANY

Source: TechValidate survey of NetBase customers.

Page 6: Achieving Social ROI

“The NetBase organization and customer service teams work hard to ensure ramp up, organization adoption, and

advisement on best approaches to extract intelligence from the tool, which has been invaluable in helping us

produce innovative go-to-market strategies that give us a competitive edge.”

LARGE ENTERPRISE MEDIA & ENTERTAINMENT COMPANYBRAND CASE STUDY

KEY CHALLENGES

USE CASES SUPPORTED BY NETBASE

RESULTS

WHY NETBASE?

• Identify and analyze trends in a timely manner

• Difficulty with event execution

• Get real-time feedback on campaign execution

• Find ideas for editorial and branded content

• Brand analysis

• Campaign tracking

• Influencer ranking

• Digital channel intelligence

• Category analysis

• Product innovation

• Achieved positive ROI in 6-9 months with NetBase

• 10-25% less time spent on campaign and issue tracking

• 10-25% less time spent on competitive analysis

• 10-25% less time spent on customer care

• 10-25% less time spent on market research

• Speedy ramp period

• Accuracy of data

• Ease of use

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

Source: TechValidate survey of NetBase customers.

Page 7: Achieving Social ROI

“The NetBase features that I value the most are net sentiment accuracy and brand passion metric.

I also like the emotional and attribute drivers on the dashboards.”

S&P 500 FOOD COMPANYBRAND CASE STUDY

KEY CHALLENGES

USE CASES SUPPORTED BY NETBASE

RESULTS

WHY NETBASE?

• Stay tuned to the voice of the customer

• Maintain a high level of competitive intelligence

• Brand analysis

• Partner monitoring

• Category analysis

• Product innovation

• 50-75% less time spent on issue tracking

• 50-75% less time spent on market research

• 50-75% less time spent on competitive analysis

• 10-25% less time spent on campaign tracking

• 10-25% less time spent on customer care

• Ease of use

• Unique metrics like brand passion

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

Source: TechValidate survey of NetBase customers.

Page 8: Achieving Social ROI

ASSET MANAGEMENT CONSULTING FIRMBRAND CASE STUDY

KEY CHALLENGES

USE CASES SUPPORTED BY NETBASE

RESULTS

WHY NETBASE?

• Get real-time feedback on campaigns and issues

• Keep abreast of the competition

• Brand analysis

• Campaign tracking

• Product launch

• Category analysis

• 50-75% less time spent on campaign tracking

• 25-50% less time spent on issue tracking

• 25-50% less time spent on competitive analysis

• 25-50% less time spent on market research

• Speedy ramp period

• Ease of use

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

“Compared to other tools, it’s easy to train non-researchers on NetBase so they can quickly get useful results.”

Source: TechValidate survey of NetBase customers.

Page 9: Achieving Social ROI

MEDIUm-SIZED MEDIA AND ENTERTAINMENT COMPANYBRAND CASE STUDY

KEY CHALLENGES

USE CASES SUPPORTED BY NETBASE

RESULTS

WHY NETBASE?

• Identify and analyze trends in a timely manner

• Get real-time feedback on campaigns and issues

• Stay tuned to the voice of the customer

• Maintain a high level of competitive intelligence

• Brand analysis

• Campaign tracking

• Product launch

• Category analysis

• Competitive intelligence

• 50-75% less time spent on competitive analysis

• 25-50% less time spent on campaign tracking

• 25-50% less time spent on market research

• Accuracy of data

• Ease of use

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

“NetBase has improved our operational efficiency through quick and easy to use analytics, the ability to watch

trends during a campaign and the ability to compare brand sentiment very quickly.”

Source: TechValidate survey of NetBase customers.

Page 10: Achieving Social ROI

CUTTING-EDGE ADVERTISING AND PUBLIC RELATIONS FIRMAGENCY CASE STUDY

KEY CHALLENGES

USE CASES SUPPORTED BY NETBASE

RESULTS

WHY NETBASE?

• Get real-time feedback on campaigns and issues

• Protect clients’ valuable brand equity

• Understand the competition

• Brand analysis

• Campaign tracking

• Product launch

• Influencer ranking

• Digital channel intelligence

• Customer care

• Partner monitoring

• Category analysis

• Product innovation

• Increased revenue by 10-20% from insights gained

with NetBase

• 75-100% less time spent on issue tracking

• 25-50% less time spent on campaign tracking

• 50-75% less time spent on competitive analysis

• 25-50% less time spent on customer care

• 25-50% less time spent on market research

• Speedy ramp period

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

“With real-time monitoring, we can quickly track the data that we need to develop insights for our clients.”

Source: TechValidate survey of NetBase customers.

Page 11: Achieving Social ROI

AGENCY CASE STUDY

KEY CHALLENGES

USE CASES SUPPORTED BY NETBASE

RESULTS

WHY NETBASE?

Egg Strategy is a consultancy that provides new product innovation, qualitative and quantitative consumer research and brand strategy to Fortune 500 clients.

• Identify and analyze trends in a timely manner

• Be tuned into the voice of clients’ customers

• Understand the competition

• Brand analysis

• Influencer ranking

• Purchase intent

• Customer segmentation

• Category analysis

• Product innovation

• 50-75% less time spent on competitive analysis

• 50-75% less time spent on market research

• Ease of use

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

EGG STRATEGY

“The new Insight Focus tool is very helpful as a time-saving device.”

– Jessica Hogan, Head of Social Analytics, Egg Strategy

Source: TechValidate survey of NetBase customers.

Page 12: Achieving Social ROI

“Sentiment has been more accurate and passion intensity has improved our overall reporting for brands….

Passion intensity is the feature I value the most. No other service provides that.”

FULL-SERVICE INTEGRATED ADVERTISING AGENCYAGENCY CASE STUDY

KEY CHALLENGES

USE CASES SUPPORTED BY NETBASE

RESULTS

WHY NETBASE?

• Discover the voice of clients’ customers

• Brand analysis

• Campaign tracking

• Influencer ranking

• Digital channel intelligence

• Customer care

• Increased revenue by 10-20% from insights gained

with NetBase

• Achieved positive ROI in 3-6 months with NetBase

• 10-25% less time spent on campaign tracking

• 10-25% less time spent on issue tracking

• 10-25% less time spent on competitive analysis

• 10-25% less time spent on customer care

• 10-25% less time spent on market research

• Accuracy of data

• Ease of use

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

Source: TechValidate survey of NetBase customers.

Page 13: Achieving Social ROI

“Data reporting is both broad and detailed, with the ability to drill down from annual data to hourly data.

NetBase allows us to have a pulse on the marketplace in just a few minutes.”

– Susie Thomas, VP of Research and Analytics, Palisades Media Group Inc.

Palisades Media Group Inc. AGENCY CASE STUDY

KEY CHALLENGES

USE CASES SUPPORTED BY NETBASE

RESULTS

WHY NETBASE?

• Identify and analyze trends in a timely manner

• Get real-time feedback on campaigns and issues

• Stay tuned to the voice of the customer

• Know the competition

• Brand analysis

• Campaign tracking

• Category analysis

• 10-25% less time spent on issue tracking

• 10-25% less time spent on market research

• 10-25% less time spent on competitive analysis

• Speedy ramp period

• Ease of use

• Data analytic and reporting capabilities

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

Source: TechValidate survey of NetBase customers.

Page 14: Achieving Social ROI

“NetBase allows us to see the “why” behind changes in sentiment and passion.”

Branch of Leading Global Market Research FirmAGENCY CASE STUDY

KEY CHALLENGES

USE CASES SUPPORTED BY NETBASE

RESULTS

WHY NETBASE?

• Get real-time feedback on campaigns and issues

• Protect clients’ valuable brand equity

• Brand analysis

• Campaign tracking

• Product launch

• Product recall analysis

• 10-25% less time spent on campaign tracking

• 10-25% less time spent on issue tracking

• 10-25% less time spent on competitive analysis

• Ease of use

Brought to you byACHIEVING SOCIAL ROI N E T BASE C U S T OMER C A SE S T U D I E S

Source: TechValidate survey of NetBase customers.

Page 15: Achieving Social ROI

Abou t NetBase

Please contact us to learn more or to schedule a custom demo where you can see our social guide in action: 1-855-SOCMROI (762-6764) or email [email protected].

NetBase enables business leaders to manage marketing and content strategies with real time, fast and accurate Social Media Analytics.

For more information, visit: www.netbase.com.

@NetBase NetBaseInc NetBase

NetBase Solutions, Inc NetBaseInc

2087 Landings DriveMountain View, CA 94093

©2013 NetBase Solutions, Inc.