all sports fans are not created equal
DESCRIPTION
Sports fans may look like a homogenous mob, but within the "tribe" you find segments of fans more valuable than the rest. This deck highlights a few fan segments using data from Coyle Sports Poll 2011 (a survey of fans who follow team on Facebook & Twitter).TRANSCRIPT
Sports Fans are created equal
Finding profitable fan segments in social media channels
not
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Why all the fuss about social?Paid Media
Earned Media, Shared Media
“Word-of-mouth”
Time
ATTNSales
Social Graph
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390 Million 71 million
Following Sports teams
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Are all fans created equal?
(they sure look similar)
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Maybe not(beanie babies, sports fans, movie fans, consumers)
Retail Sold$10 $3,000
1. People swarm to collect2. Gain bragging rights 3. But who is getting rich?
Peanut
6Tribal Dynamics in sports and entertainment
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Who is following the teams?Coyle Sports Poll
Team social survey, 2011
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Social fans have channel preferences
What is your preferred source of news about team?
Team Website
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Social fans adopt early
40% of Americans own SmartphonesComscore, December 2011
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Checking in during 2011…
-16.7 million Americans- 7% of mobile population
- 12.7 via smartphones- 17.6% of smartphone users
Source: Comscore
Social sports fans 2x to 3x more likely to check-in than average Americans
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Women are as passionate, (more) social sports fans
Fan segment: women
Source: Coyle Sports Poll 2011, NFL, Facebook Fans
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E-mailers are bigger fans, buyers
Source: Coyle Sports Poll 2011, NFL, Facebook Fans
Fan segment: E mail subscribers
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Passion Index: E mailersFan segment: E mail subscribers
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E mailers are a social force
Source: Coyle Sports Poll 2011, NFL, Facebook Fans
Fan segment: E mail subscribers
My observations in sports
1. Most teams treat all fans as if they’re equal
2. E mail outperforms social in direct marketing ROI (tickets), yet teams invest more in social
3. We recommend teams should work harder at:
A. Understanding fan dataB. Segmenting fan audiencesC. Cross promoting with all social channels
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Identify – Target - Personalize - Refine
Engage the most valuable segments
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Final thought on social media:You can’t please everyone anyway
Own it in social media