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Looking Into Social Media’s Crystal Ball #CrystalBallWebinar @tracx Sep 27 2016 Where We’re Headed & How To Prepare

Social's Crystal Ball: Where Are We Headed?

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Page 1: Social's Crystal Ball: Where Are We Headed?

Looking Into Social Media’s Crystal Ball

#CrystalBallWebinar @tracx

Sep 27 2016

Where We’re Headed & How To Prepare

Page 2: Social's Crystal Ball: Where Are We Headed?

Agenda

Social's Frenetic Pace Live Survey Top 5 Trends What's Next? Q&A

#CrystalBallWebinar2

Page 3: Social's Crystal Ball: Where Are We Headed?

Meet Our Presenters

Eric Berkowitz, SVP of Services @TracxServices

Reinhardt Schuhmann,Product Manager @TheRealReinhart

Jenifer Kern,CMO

@Jenifer_Kern

#CrystalBallWebinar3

Page 4: Social's Crystal Ball: Where Are We Headed?

Social’s Frenetic Pace#CrystalBallWebinar

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Page 5: Social's Crystal Ball: Where Are We Headed?

#CrystalBallWebinar5

2015 Twitter Moments; Periscope FB Memories 360 video ads on FB & YouTube

February 2016 Facebook Reactions

April 2016 Facebook Live

May 2016 Twitter eliminates character limit

June 2016 Buyable Pins on Pinterest

August 2016 Instagram stories launch; post zooming

Fall 2016 Snapchat will be releasing their “Spectacles”

Page 6: Social's Crystal Ball: Where Are We Headed?

Live Survey

#CrystalBallWebinar6

Page 7: Social's Crystal Ball: Where Are We Headed?

1. Responding In A Timely Manner 2. Analyzing And Drawing Insights From Social Data 3. Adapting To New & Changing Platforms 4. Finding The Right Resources / Team 5. All Of The Above

What Aspect Of Social Is Most Challenging For Your Organization?

#CrystalBallWebinar7

Page 8: Social's Crystal Ball: Where Are We Headed?

Survey Results

#CrystalBallWebinar8

Page 9: Social's Crystal Ball: Where Are We Headed?

The Top 5 Crystal Ball Trends 5

CRYSTALBALL TRENDS

TOP

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Page 10: Social's Crystal Ball: Where Are We Headed?

1. Real-Time To Live

2. Visual Intelligence

3. User Generated Content

4. Hyper-Local Data

5. Millennials Wreak Havoc

5CRYSTAL

BALL TRENDS

TOP

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Page 11: Social's Crystal Ball: Where Are We Headed?

• Live technologies will become mainstream source for news and communications

• Less time to plan, craft messages —more nimble brands win

• SMM platforms will need to reduce latencies

#1 Live Overtakes Real-Time

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Page 12: Social's Crystal Ball: Where Are We Headed?

Action Item: How to Prepare for Live

Update business models to react faster, minimize risk, capitalize on opportunities

Create guidelines for engaging with “live posts” based on brand ethos

Consider social intelligence solutions: auto alerts on posts and live content

#CrystalBallWebinar12

Page 13: Social's Crystal Ball: Where Are We Headed?

•Proud: Chewbacca video on FB Live had 100 million views in one day & sold out online

•Sorry: Amtrak responding 7 months After Woman Tweets Stuck in Elevator

Prouds & Sorrys

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Page 14: Social's Crystal Ball: Where Are We Headed?

• Consumers have spoken: non-textual media rules (expression via imagery, video, emojis)

• 85% of images posted don’t reference brand

• Only 2% of social media posters follow brands they reference

• Visual intelligence and analytics imperative “in the wild”

#2 More Visuals, Please!

#CrystalBallWebinar14

Page 15: Social's Crystal Ball: Where Are We Headed?

Use visual analytics to capture the full conversation around your brand

Engage consumers with easily sharable imagery / video

Consider use cases across marketing, sales, customer support, PR, research, product

Action Item: How to Prepare for Visual Revolution

#CrystalBallWebinar15

Page 16: Social's Crystal Ball: Where Are We Headed?

The Image Revolution

• Every day 1.8B images are shared on social

• Studies show that the human brain retains only 20% of text, but 80% of visuals

• A Twitter study found images in posts results in 35% increase in retweets

• Brands, marketers and community managers need a way to target, analyze, and act upon these images

The Image Revolution

#CrystalBallWebinar1616

Page 17: Social's Crystal Ball: Where Are We Headed?

Image Analytics

#CrystalBallWebinar17

Page 18: Social's Crystal Ball: Where Are We Headed?

• Leverages a proprietary photo search engine built by MIT-trained vision scientists

• Scours public platforms to process millions of photos daily plus OnDemand API for other data sets

• Finds tiny, obscured and upside-down logos in cluttered environments

Ditto Labs Partnership

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Page 19: Social's Crystal Ball: Where Are We Headed?

Proud & Sorry — Opportunities Await

#CrystalBallWebinar19

Page 20: Social's Crystal Ball: Where Are We Headed?

PR Use Cases

#CrystalBallWebinar20

Page 21: Social's Crystal Ball: Where Are We Headed?

• Selling is out, loving products is in

• Friends & trusted influencers key for product marketing

• Advocates & Adversaries abound!

#3 UGC - Authenticity is King

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Page 22: Social's Crystal Ball: Where Are We Headed?

Develop relationships with users promoting your product

Repurpose UGC to reach broader audiences

Focus on expanding authentic voice

Consider tools to help with influencer identification and engagement

Mine UGC for content marketing/sales ideas, product innovation, PR

Action Item: Build Your Brand Around UGC

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Page 23: Social's Crystal Ball: Where Are We Headed?

UGC for Product Innovation & Sales

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Page 24: Social's Crystal Ball: Where Are We Headed?

Prouds

#CrystalBallWebinar24

• Clif Bar • Patagonia

Page 25: Social's Crystal Ball: Where Are We Headed?

• Most social platforms enable geo-tagging & check-ins

• Brands that take advantage of location-based technologies by “listening” will prosper

• Convergence of social and physical environments leads to better customer support and targeting

#4 Social Goes Hyper-Local

#CrystalBallWebinar25

Page 26: Social's Crystal Ball: Where Are We Headed?

Brands can capitalize on geo-tagging to improve customer experience

Marketers shift toward location based offers, promos via events & retail

Geo Heatmap technology to street level and individual person

Top Five Trends Action Item: How to Prepare for Hyper-Local

#CrystalBallWebinar26

Page 27: Social's Crystal Ball: Where Are We Headed?

• Super Bowl In Times Square

• Marriott Use Case

Prouds

#CrystalBallWebinar27

Page 28: Social's Crystal Ball: Where Are We Headed?

• Millennials entering workforce at increasing rate (50% in 3 years)

• Personal/professional lines will blur due to social influx

• Companies will embrace social for employee retention & advocacy

#5 Millennial Madness

#CrystalBallWebinar28

Page 29: Social's Crystal Ball: Where Are We Headed?

Continue to integrate social into corporate culture

Design governance policies for consistency and brand integrity

Governance/workflows

Action Item: How to Prepare for Millennial Influx

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Page 30: Social's Crystal Ball: Where Are We Headed?

What’s Next?#CrystalBallWebinar

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Page 31: Social's Crystal Ball: Where Are We Headed?

Q&A#CrystalBallWebinar

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Page 32: Social's Crystal Ball: Where Are We Headed?

Curious About Tracx Social Media Software?

#CrystalBallWebinar32