Contents • Executive summary • What is Wave? • The continuing story of Wave • Social movements • Will data privacy slow social? • The Business Of Social • Connecting with social experiences • The impact: Summary • What does this mean for your business? • About this report The business of social | Social media tracker 2012 Real Actionable Insight A SOCIAL MOVEMENT THE POWER OF SOCIAL CONNECTING WITH SOCIAL EXPERIENCES The business of social | Social media tracker 2012 Executive Summary • The story so far in social networking has been one of incredible growth. But Wave 6 shows that in the future the biggest impact of social media will come from the increasing amount of time people are spending on them. Social networks are now legitimate rivals to all forms of media and will continue to have a huge effect on behaviour and media consumption. • Consumers are continuing to move away from increasingly soloed brand websites, viewing them as specialist or one dimensional experiences compared to those offered by social media. Brands will need to reach out to consumers in the social spaces if they are to connect online. • Even those data privacy concerns are rising, attachment to social networks is stronger than ever. With over 40% of people saying they are worried about missing out if they don’t visit their social network. As a result users are fully prepared to share their data in return for the benefits that social platforms bring. • Social experiences deliver very clear value to brands. Understanding the social experiences the consumer wants AND which of these experiences deliver the brand’s marketing objectives is the key to unlocking this value. This is an important part of making social media a legitimate platform for brand development. • Despite the reluctance of many companies to discuss problems, particularly in social media, our research has shown that actually responding to a customer’s issues is one of the most powerful social experiences a brand can deliver. In the future social CRM should be a fundamental part of any brand’s communication strategy. • The consumer has many devices through which they can interact with a brand digitally but not all of these devices are a suitable environment for every experience. Tablets and smartphones, for example, have very different strengths. Marrying the right experience to the right device is key to creating a compelling social strategy. The business of social | Social media tracker 2012 What is Wave? • Wave is a social media study. • Wave has retained the same methodology from Wave 1 to Wave 6, enabling comparison across Waves. • All research is conducted by the EMEA Research team in collaboration with the UM network of agencies. • We have surveyed 41,738 16-54 Active Internet Users in 62 countries. • In Serbia we have covered active internet population from 16-54 y.o. , with 500 people within the representative sample, covering 2,013,000 ( 28% of total population ) • Our partner in this research in Serbia is the research company Mediana, who was responsible for the field work and quality of sample Why the Active Internet User? • Active Internet Users are those that use the internet every day or every other day. • Social media is driven by Active Internet Users. • They drive adoption of platforms and tools and they will determine which tools and platforms become dominant. The business of social | Social media tracker 2012 BUSINESS 62 countries 42,000 respondents SOCIAL September 2011: QQ IM – over 700M active users December 2011: Over 845M active users June 2011: Over 200M tweets a day 54 countries 37,600 respondents MOTIVATIONAL June 2011: Launch April 2011: Valued at >$36Bn March 2011: 100M members December 2010: 100M users just 2.5 months after launch October 2010: “The Social Network” film released April 2010: iPad released INFLUENTIAL August 2009: Xiaonei becomes RenRen 29 countries 17,000 respondents September 2008: First Android phone launch 21 countries 10,000 respondents April 2008: Facebook overtakes MySpace in popularity March 2007: Launch January 2007: Launch October 2006: Launch September 2006: Launch July 2008: Launch February 2006: Launch August 2005: Launch April 2005: First video uploaded to YouTube March 2005: Launch January 2005: Launch December 2004: Launch February 2004: Launch January 2004: Launch September 2003: Launch August 2003: Launch June 2003: Launch May 2003: Launch January 2003: Launch March 2002: Launch January 2001: Launch October 1999: Launch The business of social | Social media tracker 2012 Now more than 3.6Bn images on Flickr June 2009: Launch October 2008: Launch TEXTUAL February 2010: Facebook mobile – 100M users March 2009: Launch August 2008: Over 100M users 15 countries 7,500 respondents August 2010: Groupon is the fastest growing company of all time July 2010: 100M check-ins 38 countries 23,200 respondents VISUAL Wave 6 The expanding Wave universe Wave 5 Wave 4 Wave 3 Wave 2 Wave 1 Australia China France Germany Italy India Japan Korea Mexico Philippines Russia Spain UK US 41,738 respondents 62 countries The business of social | Social media tracker 2012 Australia Brazil China France Germany Greece India Italy Japan Korea Malaysia Mexico Pakistan Philippines Russia Singapore Spain Taiwan Thailand UK US Australia Austria Brazil Canada China Czech Republic Denmark France Germany Greece Hong Kong Hungary India Italy Japan Korea Mexico Netherlands Pakistan Philippines Poland Romania Russia Spain Switzerland Taiwan Turkey UK US Australia Austria Belgium Brazil Canada China Colombia Czech Republic Denmark Ecuador Finland France Germany Hong Kong Hungary India Italy Japan Korea Latvia Lithuania Malaysia Mexico Netherlands Norway Peru Philippines Poland Portugal Romania Russia Singapore South Africa Spain Sweden Turkey UK US Algeria Argentina Australia Austria Bahrain Belgium Brazil Canada Chile China Colombia Czech Republic Denmark Ecuador Egypt Estonia France Germany Hong Kong Hungary India Italy Ireland (ROI) Japan Korea KSA Kuwait Latvia Lebanon Lithuania Malaysia Mexico Netherlands Norway Oman Philippines Poland Portugal Qatar Romania Russia Serbia Singapore Slovakia South Africa Spain Sweden Taiwan Thailand Tunisia Turkey UAE UK Ukraine US Algeria Argentina Australia Austria Bahrain Belgium Brazil Canada Chile China Colombia Croatia Czech Republic Denmark Ecuador Egypt Estonia France Finland Germany Greece Hong Kong Hungary India Italy Ireland (ROI) Japan KSA Kuwait Latvia Lebanon Lithuania Macedonia Malaysia Mexico Netherlands Norway Oman Philippines Poland Portugal Puerto Rico Qatar Romania Russia Serbia Singapore Slovakia South Africa South Korea Spain Sweden Switzerland Taiwan Thailand Tunisia Turkey UAE UK Ukraine US Vietnam Welcome to Wave 6 – The Business of Social • Social media remains at the top of the agenda for many brands. However, it is clear that as a medium for marketers it’s still very much in its infancy. Popular measures of success, such as “Likes”, posts or Tweets, are no more than proxies for other more meaningful brand objectives. In fact, by definition, setting these goals suggests you may have already confined yourself to creating a one-dimensional social experience. • Perhaps this is one reason why so many social media strategies look the same, using familiar platforms in familiar ways to achieve similar goals. With Wave 6 we intend to address this challenge. Wave 5 – The Socialisation Of Brands told us that people want vastly differing social relationships with brands. Wave 6 – The Business Of Social tells us what these social relationships can deliver for brands. Do they make people want to spend more time with the brand, do they make them feel valued as customers, or do they encourage people to recommend the brand to others? • Our research has revealed a deeply complex environment where different social experiences meet different marketing objectives. An experience that drives brand advocacy in one category simply creates awareness in another. An experience that encourages brand participation for one person does very little for someone else. Knowing the value of an experience means we can build a social media strategy designed to meet a marketing objective, rather than starting with how to exploit an existing social platform. • We believe this knowledge is vital if we are to make social media a legitimate platform for the development of brands. The business of social | Social media tracker 2012 SOCIAL MOVEMENTS Growth in social networking has slowed Global 45.1% 51.4% 61.4% 65.2% Wave 5 Wave 3 Wave 4 Wave: The business of social | Social media tracker 2012 3 4 5 6 Wave 6 Growth in social networking has slowed Some countries. like Brazil, India, Russia, see decline in how many people manage social media profiles Brazil China France 63.6% 53.9% 74.5% 74.3% 47.4% 51.4% 68.4% 68.9% 26.3% 43.4% 53.2% 53.5% Germany India Italy 27.2% 36.6% 37.8% 53.1% 51.4% 62.8% 72.5% 67.1% 24.0% 34.4% 53.9% 61.2% Spain Russia UK 29.9% 46.2% 55.5% 59.6% 64.8% 66.1% 79.8% 77.1% 53.4% 55.5% 58.6% 62.9% QUESTION: “Thinking about the internet, which of the following have you done in the last 6 months? - Manage a profile on an existing social network (eg: facebook.com)” USA 33.1% 48.3% 58.1% 64.5% Wave: 3 The business of social | Social media tracker 2012 4 5 6 Serbian active internet users manage their profile slightly less vs. WAVE5 Macedonia and Croatia are more involved in social media than Serbia Global Serbia 45.1% 51.4% Wave 3 Wave 4 61.4% 65.2% Wave 5 Wave 6 QUESTION: “Thinking about the internet, which of the following have you done in the last 6 months? - Manage a profile on an existing social network (eg: facebook.com)” 77.4% Wave 5 MK 71% 87.4% 84.2% Wave 6 Wave 6 Wave 6 Wave: 3 The business of social | Social media tracker 2012 CRO 4 5 6 But as profile creation begins to plateau, active management still grows QUESTION: “Thinking about the internet, which of the following have you ever done?” Global average 88% 77% 75% 81% 49% Upload a video clip to a video sharing website Wave 1 Watch video clips online Wave 2 The business of social | Social media tracker 2012 Create a profile on a new social network Wave 3 Wave 4 Manage a profile on an existing social network Wave 5 Visit a friend's social network page Wave 6 Watching video clips on line is the most popular activity in Serbia QUESTION: “Thinking about the internet, which of the following have you ever done?” 91% 46% 71% 76% 19% Upload a video clip to a video sharing website Watch video clips online Create a profile on a new social Manage a profile on an existing network social network Serbia Wave 5 The business of social | Social media tracker 2012 Wave 6 Visit a friend's social network page People are spending more time than ever on social networks With the youngest audiences we can see that social networking is as prevalent as traditional media consumption 10 Television 9 6 Radio Magazines Global average Newspapers Everyone 7 4 6 5 6 13 13 Internet 16-24 year olds QUESTION: “Approximately how much time did you spend consuming the following media in the last 7 days?” Hours per week Email 7 7 Social networks 7 9 6 Microblogging sites Mobile phone Blogs Video sites The business of social | Social media tracker 2012 7 7 8 10 5 6 6 7 In Serbia active internet users spend more hours on internet than TV and on mobile phones equally the same as TV Television 6 Radio 5 Magazines QUESTION: “Approximately how much time did you spend consuming the following media in the last 7 days?” Hours per week 2 Newspapers 3 Internet 8 Email Serbia 4 Social networks Microblogging sites 5 1 Mobile phone Blogs Video sites The business of social | Social media tracker 2012 6 1 4 For the first time we are seeing a decrease in some social platforms QUESTION: “Thinking about the internet, which of the following have you ever done?” Read blogs/weblobgs 90% Start my own blog/weblogs 80% Visit a photo sharing website 70% Use instant messenger % Ever Done 60% 50% Visit a message board/forum 40% Started a topic on a message board/forum 30% 20% Wave 1 2006 Wave 2 2007 Wave 3 2008 The business of social | Social media tracker 2012 Wave 4 2009 Wave 5 2010 Wave 6 2011 Blogging: Declining or stabilising in many markets QUESTION: “Thinking about using the internet, which of the following have you used in the last 6 months?” - Read blogs / weblogs Global 55.3% 60.6% Wave 3 Wave 4 Serbia 76.6% 49.7% Wave 5 64.5% 63.2% Wave 5 MK 64% Wave 6 Wave 6 Brazil China France 74.5% 70.9% 72.4% 67.9% 74.9% 75.7% 79.6% 81.4% 45.6% 50.2% 46.7% 43.9% Germany India Italy 35.2% 36.3% 29.6% 39.3% 62.2% 63.1% 63.3% 55.6% 61.9% 51.0% 51.5% 51.7% Russia Spain UK 59.3% 54.6% 63.4% 52.4% 63.6% 55.9% 60.3% 55.8% 50.7% 41.3% 40.8% 45.5% Wave 6 CRO 56.5% Wave 6 USA 45.6% 50.2% 46.7% 44.9% Wave: 3 The business of social | Social media tracker 2012 4 5 6 Microblogging is still rising but is yet to be fully understood globally Serbia is slightly abandoning microblogging QUESTION: “Thinking about using the internet, which of the following have you used in the past 6 months? – Used a microblogging service (e.g. Twitter, Jaiku)” Global 14.9% 33.2% 42.9% Wave 6 Wave 5 Brazil China France 13.4% 43.9% 47.6% 26.3% 53.1% 71.5% 4.1% 8.8% 12.2% Germany India Italy 6.2% 7.7% 15.9% 24.4% 45.5% 42.9% 9.4% 11.1% 17.7% Russia Spain UK 14.2% 19.9% 25.8% 11.5% 19.1% 24.8% 6.4% 19.3% 62.9% Wave 4 Serbia 23.2% 19.1% MK 34% CRO 15% USA Wave 5 Wave 6 Wave 6 8.5% 18.8% 22.1% Wav e6 Wave: 4 The business of social | Social media tracker 2012 5 6 Are we abandoning the brand website? QUESTION: “Thinking about using the internet, have you visited an official company/brand website in the past 6 months?” 100% 13% decrease in 4 years on a global level 95% 90% 85% Significant decrease in Serbia vs Wave5 80% 75% 70% 65% 60% The business of social | Social media tracker 2012 To get the most from social platforms we need to know what they do best Global average QUESTION: “Which of these online applications does a good job when you want to...” Forums Photo/Video sites Seek other people’s opinions Manage my life better Explore the world around me Meet new people 30% 25% Stay in touch with friends Microblogs Make contacts for work Blogs 20% Promote yourself 15% 10% Keep up to date Learn something new 5% “Hang out” or waste time Earn respect Share new experiences Feel like you belong Have fun/be entertained The business of social | Social media tracker 2012 0% Share knowledge Change opinions Be creative Express yourself Make money In Serbia usage of microblogs and photo/video sharing sites is significantly lower. Key applications are blogs and forums QUESTION: “Which of these online applications does a good job when you want to...” Forums Seek other people’s opinions Manage my life better Meet new people Explore the world around me 30% 25% Stay in touch with friends Make contacts for work 20% Promote yourself 15% 10% Keep up to date Learn something new 5% “Hang out” or waste time Earn respect Share new experiences Feel like you belong Have fun/be entertained The business of social | Social media tracker 2012 0% Share knowledge Change opinions Be creative Express yourself Make money Photo/Video sites Microblogs Blogs The brand website has specific strengths Global average QUESTION: “Which of these online applications does a good job when you want to...” Official brand websites Forums Seek other people’s opinions Manage my life better Explore the world around me Meet new people 30% 25% Stay in touch with friends Make contacts for work Microblogs 20% Promote yourself 15% Blogs 10% Keep up to date Learn something new 5% 0% “Hang out” or waste time Earn respect Share new experiences Feel like you belong Have fun/be entertained The business of social | Social media tracker 2012 Photo/Video sites Share knowledge Change opinions Be creative Express yourself Make money In Serbia brand websites have more strengths vs. some other applications QUESTION: “Which of these online applications does a good job when you want to...” Seek other people’s opinions Manage my life better Meet new people 35% 30% Official brand websites Forums Stay in touch with friends Make contacts for work Photo/Video sites 25% Explore the world around me 20% Promote yourself 15% Keep up to date 10% Blogs Learn something new 5% “Hang out” or waste time Earn respect Share new experiences Feel like you belong Have fun/be entertained The business of social | Social media tracker 2012 Microblogs 0% Share knowledge Change opinions Be creative Express yourself Make money The social network dominates all Global average Official brand websites QUESTION: “Which of these online applications does a good job when you want to...” Seek other people’s opinions Forums Meet new people Manage my life better 50% Photo/Video sites Stay in touch with friends 45% Make contacts for work 40% Microblogs 35% Explore the world around me 30% Promote yourself 25% 20% Social networks 15% Keep up to date Learn something new 10% 5% 0% “Hang out” or waste time Share knowledge Earn respect Change opinions Share new experiences Feel like you belong Have fun/be entertained The business of social | Social media tracker 2012 Blogs Be creative Express yourself Make money In Serbia the domination of social networks vs. other formats is drastic Official brand websites QUESTION: “Which of these online applications does a good job when you want to...” Forums Meet new people Photo/Video sites 80% Make money 70% 60% Stay in touch with friends 50% Microblogs Blogs 40% Express yourself 30% Make contacts for work 20% 10% 0% Be creative Promote yourself Change opinions Learn something new Share knowledge The business of social | Social media tracker 2012 Social networks The power of the social network differs across the world SELF-IMPROVEMENT FUN “Hang Out” or waste time Denmark Japan Romania Argentina Slovakia Norway Australia Learn something new Sweden UK China Express yourself Finland Hong Kong Ireland Greece Manage my life better Stay in touch with friends Have fun/be entertained Ukraine Share knowledge Netherlands Spain Latvia Italy Taiwan Belgium USA South Africa Vietnam Canada Poland Estonia Portugal Meet new people Make contacts for work Singapore Serbia Turkey Keep up to date Share new experiences Change opinions Earn respect Macedonia Chile Switzerland Thailand Feel like you belong South Korea UAEExplore the world around me Lithuania Croatia Germany Mexico Philippines Malaysia Seek other people’sLebanon India Czech Republic opinions Colombia Austria Kuwait Make money Tunisia Ecuador Egypt Puerto Rico Bahrain Be creativeQatar KSA Hungary Russia Algeria Brazil Oman France CONNECTION Promote yourself The business of social | Social media tracker 2012 QUESTION: “Which of these online applications [Social networks e.g. facebook.com] does a good job when you want to…?” - By country ENABLEMENT And it explains much of the cultural context SELF-IMPROVEMENT FUN “Hang Out” or waste time UK USA Feel like you belong Serbia Russia Macedonia CONNECTION The business of social | Social media tracker 2012 Croatia Learn something new China Change opinions UAE Kuwait KSA Lebanon Egypt Tunisia Bahrain Algeria ENABLEMENT QUESTION: “Which of these online applications [Social networks e.g. facebook.com] does a good job when you want to…?” - By country WILL PRIVACY SLOW SOCIAL? People are concerned about the amount of personal data online 79% 65% 60% 60% -6.8% FYRM Global Croatia I am concerned about the amount of personal data online The business of social | Social media tracker 2012 Serbia People are concerned but also too attached 61.1% 50% 46.2% 42.2% -6.8% FYRM Global Croatia Social networks are integral to my social life The business of social | Social media tracker 2012 Serbia And people are still sharing personal data Global average QUESTION: “What have you done with your social networking profile?, amongst those who have used a social network in the past 6 months” 64% 62% 59% 59% Find old friends Upload photos 52% 49% 43% 38% 29% 30% 30% Shared Your location Affiliate with or become fan of a brand Write a blog 44% 44% Display my interests Play games 47% 47% Used a “like” button Used live chat 38% 31% 27% 19% Join a Celebrity group 21% 21% Organise events Purchased something 19% Dating Make Contacts for work/ Professional reasons The business of social | Social media tracker 2012 Upload videos Join an Interest group or cause Removed Someone from my friend list Join a group Find new friends Update my status Update my profile Message friends In Serbia, sharing personal data is not among top activities, our first choice of activities is about staying in touch with our friends 78% 74% QUESTION: “What have you done with your social networking profile?, amongst those who have used a social network in the past 6 months” 58% 52% 45% 38% 38% 47% 48% 49% 49% Update my status Removed Someone from my friend list Join a group 53% 53% 40% 34% 27% 29% 22% 16% 19% 13% 9% Write a blog Purchased something Make Contacts for work/ Professio nal reasons Organise events Shared Your location Upload videos Dating The business of social | Social media tracker 2012 Used live chat Join a Celebrity group Join an Interest group or cause Affiliate with or become fan of a brand Display my interests Play games Update my profile Upload photos Find new friends Used a “like” button Find old friends Message friends But we are sharing with more people than ever before QUESTION: “Approximately how many people do you stay in contact with in your personal life through the following means?” 80 Social networks Instant messenger 70 Forum/Message board Average number of people 60 My personal blog 50 Phone 40 Email Face to face 30 Text message (SMS) 20 Post/Letter 10 0 Wave 3 2008 Wave 4 2009 Wave 5 2010 The business of social | Social media tracker 2012 Wave 6 2011 SR Wave 5 SR Wave 6 2012 2012 Sharing personal data is an accepted risk QUESTION: “Please indicate how much you agree (definitely or tend to) with the statements [I worry about missing out on something if I don’t visit my social network] vs. [I am concerned about the amount of personal data that goes online]” amongst those who have created a profile on a new social network. Size of bubble represents size of audience % agree social networking is an integral part of my social life Size of bubble represents size of audience 75% Social networking China more important Brazil 70% Egypt 65% India S Korea 60% FYRM Mexico Russia 55% Spain Turkey 50% USA Italy Germany France 45% Croatia UK Canada Serbia Privacy more important Poland 40% Japan 35% 50% 55% 60% 65% 70% % agree concerned about the amount of personal data that goes online The business of social | Social media tracker 2012 75% THE POWER OF SOCIAL The value of social experiences • A word that is frequently used in social marketing is ‘Engagement’, often when citing the power of social media and the opportunity it brings for marketers. There is nothing wrong with this; it’s a worthy ambition for a brand to try to engage with their consumers. The problem is that engagement is essentially a meaningless term. It could mean anything or everything and is really just used as a proxy for more meaningful brand objectives. With Wave 5 – The Socialisation Of Brands we asked some fundamental questions: do consumers want a social relationship with brands and if they do what kind of relationship do they want? This information has allowed UM to guide clients in the social space by understanding the needs of the consumer first and foremost. • With Wave 6 – The Business Of Social we have taken things a step further. Not just understanding the social experience that consumers want but also, crucially, defining the marketing value that these experiences can deliver to brands. This means we can not only identify the right experiences but also those that best meet our marketing objectives. The results of this research have truly been surprising and allowed us to further understand the incredibly diverse world of social media. Also, in the space of social CRM, the results have some profound things to say about how brands connect with consumers to create the most compelling experiences of all. The business of social | Social media tracker 2012 We think about social experiences first LOW INVOLVEMENT I want no interaction Access to news about new developments Discount vouchers Access to fun and entertaining content An opportunity to learn something new A personal response to my issues/complaints Access to unique sponsored events or competitions An opportunity to develop my skills The ability to communicate and share experiences with others Tools to help me express my creativity and make something worth sharing To be part of a brand community HIGH INVOLVEMENT The business of social | Social media tracker 2012 The ability to influence product development Social needs vary by category…. QUESTION: “Thinking about companies that make HEALTH AND BEAUTY products, which of the following statements describes the kind of interaction you want with these companies?” Health & Beauty Access to latest news & new product launches 45.0 % To be part of a brand community 40.0 % The ability to contact companies & influence new product development 35.0 % 30.0 % 25.0 % Discount vouchers for health & beauty products & services 20.0 % An opportunity to learn more about health and beauty 15.0 % 10.0 % 5.0 % 0.0 % Access to health & beauty events or competitions to win products or services Access to fun and entertaining content e.g. videos, games, music etc. A personal response to my issues/complaints The business of social | Social media tracker 2012 An opportunity to develop and improve my skills The ability to communicate and share experiences with other health & beauty consumers Tools and help to express my creativity and share with others How we define the value of social experiences Letting you know about the company AWARENESS Giving you a detailed understanding EDUCATION Making the company more desirable DESIRE Making you feel closer to the company Encouraging you to try Encouraging you to buy Making you feel valued as a customer Makes you want to spend more time with the brand Encouraging you to recommend to others The business of social | Social media tracker 2012 SEEK MORE TRIAL TRANSACTION COMMITMENT INVOLVEMENT RECOMMENDATION And these experiences deliver very different outcomes Health & Beauty QUESTION: “Thinking about the interactions that you have indicated you would like to have with companies that make health and beauty products, which interaction is best…?” 70.0 % 60.0 % Discount vouchers 50.0 % 40.0 % 30.0 % To learn more about health and beauty 20.0 % 10.0 % 0.0 % The business of social | Social media tracker 2012 The latest news & product launches The same experiences deliver different outcomes by category QUESTION: “Thinking about the interactions that you have indicated you would like to have with health and beauty companies and with companies that provide services in travel and holidays, which interaction is best…?” 50.0 % The ability to contact health and beauty companies and influence product development 45.0 % 40.0 % The ability to contact travel companies and influence product development 35.0 % 30.0 % 25.0 % 20.0 % 15.0 % 10.0 % 5.0 % 0.0 % The business of social | Social media tracker 2012 This means we can start with an objective “Make me feel closer to the company” Travel & Holidays Health & Beauty Fashion Music Access to the latest offers & discounts on holiday & travel An opportunity to learn more about health and beauty Free money off or discount vouchers Access to news about music, artists & music events QUESTION“Thinking about the interactions that you have indicated you would like to have with travel companies, companies that make health and beauty products, companies that are involved in the fashion industry and companies & artists that make & distribute music, which interaction is best…?” The business of social | Social media tracker 2012 The most powerful social experience? QUESTION: “Thinking about the interactions that you have indicated you would like to have with companies in these categories, [A personal response to issues and complaints] is best at…?” 60% Fashion Health & Beauty 50% Movies 40% Travel 30% Telecoms 20% Luxury 10% Computer hardware 0% The business of social | Social media tracker 2012 The Power of Social Experiences • A key element for making the social network platforms accountable tools for marketers is being able to evaluate the value they bring to brands. This effort begins with understanding the intrinsic values of the social media platforms and the power of the experiences they can deliver. Wave 6 – The Business Of Social has begun to answer this question and now allows UM and Fastbridge to plan social strategies from the starting point of brand or business objective. We think this is an important step towards using social media in a more focussed and value driven way. • This approach also has implications for social CRM. Social media platforms, such as Twitter, are incredibly powerful tools for customer feedback. Using them in pro-active way to deal with problems very quickly is a proven and powerful driver of loyalty. However, responding quickly isn’t always easy and many marketing teams require input from many other areas of the organisation before dealing with a problem. This suggests that a social media strategy should not just be the sole domain of the marketing department, but rather part of a company wide effort including legal, PR, customer support and others. This requires commitment and investment but our research has shown that those brands that accomplish this will benefit greatly. The business of social | Social media tracker 2012 CONNECTING WITH SOCIAL EXPERIENCES Global data : PC, laptop and mobile devices still the main way to connect QUESTION: “Which devices do you own and which have you used to access the internet in the past 6 months?” - Size of the bubble represents % who own device. Desktop PC 70% % Own Device 60% Mobile phone Portable Mp3 / video player Laptop/ Notebook 50% 40% Games Console Portable Games Console 30% Smartphone InternetConnected TV 20% e-book Reader Tablet 10% 0% 0% 10% 20% 30% 40% % Use Device to Go Online The business of social | Social media tracker 2012 50% 60% People in Serbia now have many ways to connect with the internet Average number of devices owned and used to access the internet QUESTION: “Which devices do you own and which have you used to access the internet in the last 6 months?” 5 4.5 4 3.4 3 Laptop / netbook PC Smartph one (eg: iPhone) Mobile phone 2 Broadba nd 1 Portable MP3 / video player Wi - Fi 0 Own The business of social | Social media tracker 2012 Have used to access the internet Desktop PC Tablet device (eg: iPad) E-book reader (eg: Kindle) Games console Portable games console Other In Serbia PC and mobile devices are the main way to connect QUESTION: “Which devices do you own and which have you used to access the internet in the past 6 months?” - Size of the bubble represents % who own device. Desktop PC 60% % Own Device 50% Laptop/ Notebook 40% Mobile phone 30% Smartphone 20% Portable Games Console 10% 0% e-book Reader 0% Portable Mp3 / video player Games Console Tablet 10% 20% 30% 40% % Use Device to Go Online The business of social | Social media tracker 2012 50% 60% 70% In Serbia PC remains the most versatile internet enabled device, although we can start to see the areas where smartphones are being increasingly used QUESTION: “Which activities have you carried out using each device in the past 6 months?” Laptop / notebook PC Smartphone (eg: iPhone) Desktop PC Read blogs Joined a group buying community100% Browsed the internet 90% Shared your location via location80% based social network Tablet (eg: iPad) Read a book 70% Post/write on a blog Upload photos to photo sharing site Watch video clips online Shared a video with a friend 60% Read a digital newspaper/magazine 50% Download a podcast 40% Searched for a location Mobile phone E-book reader (eg: Amazon kindle) 30% Download video podcast 20% Watched live TV 10% Managed a social network profile 0% Made a purchase Games console Portable games console Portable MP3 / video player Visited a friend's social network page Joined an online community Used instant messenger Visited a professional social network Visited a company/brand website Take part in multi-player game online The business of social | Social media tracker 2012 Used a cloud-based music reccommendation service Downloaded & used an app Sent a text message Used search engine Wrote/sent a message on microblog Read a message on microblog Visited a forum Globally we can see that smartphone penetration is growing rapidly QUESTION: “Which of the following devices do you own?” Smartphone (e.g. iPhone, Blackberry etc.) 37% 34% 45% 37% 53% 42% 28% 24% 16% 36% 36% 37% 22% 26% 39% 23% 20% 2 0 25% % 45% 2 45% 29% 38% 9 24% % 44% 27% 28%11% 34% 41% 44% 42% 61% 40% 11% 9% 8% 18% 45% 37% 38% 47% 22% 59% 44% 31% 43% 33% 59% 43% 37% 38% 43% 28 % 67% 34% 40% 35% % own a smartphone >60% 43% 50-60% 40-50% 25 % 30-40% <30% The business of social | Social media tracker 2012 62 % 27 % Serbia FYRM Croatia 11.30% 30.30% 31.20% And tablet penetration slowly catching up QUESTION: “Which of the following devices do you own?” Tablet device (e.g. iPad, Samsung Galaxy etc..) 6% 11% 6% 9% 15% 6% 5% 37% 12% 13% 11% 6% 5% 11% 18%10% 5% 6% 12% 11% 12% 6% 2% 8% 14% 14% 12% 2 0 % 4% 14% 10% 5% 11% 2 9 % 16% 11% 8% 11% 20% 14% 20% 33% 17% 32% 21% 5% 16% 18% 17% 19% 19% 12% 28% 12% 8% 22% 19% 34 % 12% % own a tablet device >20% 15-20% 14% 10% 11% 12 % 10-15% Serbia FYRM Croatia 5-10% <5% The business of social | Social media tracker 2012 1.20% 6.60% 9.60% Connecting devices to experiences FUN INFORMATION Play a Game Portable Games Console Games Console Have Fun/ Be Entertained Portable mp3/video player Ward Off Boredom Relax “Hang Out” or Waste Time Socialise With Others Mobile Phone Organise Something Be Creative Internet Smartphone Connected Find My Way TV Manage My Life e-book Reader Learn Something New Desktop P.C. Research Access Something Information Thoroughly Quickly Watch Content Laptop/Netbook P.C. Read Content Make a Purchase Explore the World Around Me Get Something Done Tablet device ORGANISATION The business of social | Social media tracker 2012 ACTION QUESTION: “You have indicated you own these devices, which of these devices do you think does a good job when you to…” THE IMPACT: SUMMARY The impact: summary • Our research shows that social experiences can be very powerful, creating strong connections with the consumer. However, it also shows that knowing this is not enough. We also need to understand the value that these bring. These experiences need not be complicated. The consumer is often the most powerful advocate and ally of a brand: Wave 6 - The Business Of Social demonstrates that even simply responding to a customer’s problems creates more loyalty and advocacy than any reward programme could. • So do not spend time and investment on a social experience that you don’t know it’s value of or doesn’t meet your brand’s challenges. It’s necessary to look at both the consumer’s needs and your own objectives if you are to build something that not only connects to the consumer but also helps build value for your brand. The business of social | Social media tracker 2012 “Is Social Media working for you? Or are you working for Social Media?” The business of social | Social media tracker 2012 THANK YOU