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Social Insights: The high street revolution

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Social Insights: The High Street Revolution Using social data to capture customer feedback has allowed Argos to apply changes to their digital stores and gain insight into public reaction. Customer and Digital Insight Manager James Finch will explain how social intelligence is transforming the high street.

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Page 1: Social Insights: The high street revolution
Page 2: Social Insights: The high street revolution

2© 2014 Brandwatch | www.brandwatch.com

Katie BeltonAccount ManagementBrandwatch

• Works in the Account Management team at Brandwatch, a social media monitoring company

• Manages the accounts of our larger clients who use Brandwatch to monitor and interpret online conversations around their brands, competitors and industry

James FinchCustomer and Digital Insight ManagerArgos

• Works for Argos, the UK’s leading digital retailer

• Manages the company’s social analytics project to identify and share real time, actionable customer insight

• Three years working within the B2B sector in a number of Digital Marketing and CRM roles.

Page 3: Social Insights: The high street revolution

Brandwatch /Company Overview

3

137% YOYRapidly Growing

Revenue

Twitter Certified Product

1000+ Clientsin 15 Markets

94% CustomerSatisfaction

InternationalPresence

230 Employees60 Product Developers7 PhD Staff Members

World ClassDevelopment &Services Team

Collecting data in27 Languages

© 2014 Brandwatch.com

Page 4: Social Insights: The high street revolution

Brandwatch /Social Analytics Platform

© 2014 Brandwatch | www.brandwatch.com 4

• Crawl 70M+ sites including key social networks

• 27 languages

• Powerful search operators

• 20Bn + indexed URLs

• Years of historical data

• Automated topic & sentiment analysis in all 27 languages

• Automate common tasks including alerts

• Advanced analytics modules

• Automatic categorisation with rules

• Custom dashboards

• Reporting & alerts

• Action insight via integrations

Crawl Store & Index Analyze Engage

(users)Present

Page 5: Social Insights: The high street revolution

Social Insights at ArgosUnderstanding perceptions towards our Digital Stores

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• High street retailer in UK and Republic of Ireland

• Formed in 1973 from the Green Shield Stamps initiative

• £3.9bn sales in 2013

• 96% of people in the UK live within 10 miles of a store

• 740+ stores

• The UK’s second most visited retail website

• 19,900 lines in our Spring / Summer catalogue 2013

Who are we?

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• Naturally, we cover the basics:- Share of Voice against competitors- Sentiment- Understanding our author base

• Pre / Post campaign analysis

• Understanding the customer journey

• Competitor reporting

• PR management

• Product launches

How we use social analytics

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Our Transformation plan

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• The first of our Digital Stores opened in December 2013• 23 stores like this now open across the UK – from Clapham to

Colchester and Liverpool to Dunfermline

The launch of our Digital Stores

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The launch of our Digital Stores

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The launch of our Homebase Concessions

• Nine concession stores currently operating in Homebase stores around the country

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• At a topline level, our customers have embraced the new format

• Men have shown higher levels of positivity towards the change

• The impact of the Digitally savvy Londoner

• Our customers love the personal touch

• The pencils, paper slips and catalogues are missed by some

• Ongoing source of customer research (and it costs nothing!)

What social analytics has told us about the stores

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Actionable insights that cross the online / offline divide

“@Argos_Online thank you so much for listening!!! I shall definitely be coming into the store. #greatcustomerservice #onehappybunny”

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What else do our customers tell us?

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• Further rollout of our Digital Store format

• ‘An Argos within a Homebase’

• Expansion of our eBay Click and Collect initiative

• Rollout of our Hub and Spoke distribution model

• Extension of our product range

…and we will be using social analytics to track each of these every step of the way

Looking ahead

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16© 2014 Brandwatch | www.brandwatch.com

Q&A

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Contact

Email [email protected]

Web brandwatch.com

Twitter @brandwatch

Telephone UK: +44 (0)1273 234 290US: +1 212 229 2240Germany: +49 (0)711 912 441 59

Fax UK: +44 (0)1273 234 291

Document LimitationThe information given in this document has been checked for accuracy and completeness however Brandwatch shall not be liable for any errors or omissions.

Brandwatch is a trading name of Runtime Collective Limited. Registered in England & Wales: 38980534th Floor, International House, Queens Road, Brighton, BN1 3XE, United Kingdom

© 2013 Brandwatch | www.brandwatch.com