merkle - istrategy chicago
DESCRIPTION
Digital Marketing at iStrategyTRANSCRIPT
A Case for Social Commerce:
Driving ROI through Social Graph Data
2
• Open Graph Primer: Explicit Social Truths
• Case Study: 1-800-Flowers.com
Agenda
2
Open Graph Primer:
Explicit Social Truths
What is possible at the convergence?
*Mary Meeker Internet Trends Report
• “Re-Imagination of Nearly Everything”
“Connected Data” (CRM)
UX (Beauty)
APIs (Platforms)
Companies re-imagining everything.
Have a distinctly social and personalized feel.
Personalization has been around for awhile.
• So what has social brought?
3 explicit social truths.
• Names
• Faces
• Friends
Examples of Onsite Social Personalization: Travel
Examples of Onsite Social Personalization: Rentals
Examples of Onsite Social Personalization: Media
Examples of Onsite Social Personalization: Media
Examples of Onsite Social Personalization: Cause
Examples of Onsite Social Personalization: Cause
• More than $300 million dollars pledged • Over 30,000 successfully funded projects.
Examples of Onsite Social Personalization: Cause
1616
Examples of Email Social Personalization
Subject line customized with friends’ names
Friends’ recent activity with commerce call to action
Examples of Onsite Social Personalization: Retail
Names, Faces and Friends are made possible by:
Open GraphFacebook’s
Big Channel
• Why you Like the Open Graph.
Big Data
• Why you also Like the Open Graph.
Actionable
Move from broad conversation and sentiment analytics to more actionable customer level social data and analytics.
First Wave of Social...
• Push phenomena
• Pull phenomena
Second Wave… Existentialist…
Social Graph Data
Leveraging social graph data, product adoption can increase by up to 400%.
FB Historical Recap
Facebook Commerce
In News Feed Purchasing, fan page commerce
Earned Media / Apps
Leverage apps, polls, posts to
engage audience on Facebook Page
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Facebook Retargeting, Sponsored
Stories
2007 FB Platform
Release
2010 FB Open Graph
Release
2012FBX Ad
Exchange
Customer’s Facebook network
utilized across media channels
Social Strategies
Paid Media Open Graph
Moving Forward…
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2012 and Beyond
Social Strategies
Facebook Retargeting, Sponsored
Stories
Customer’s Facebook network
utilized across media channels
Paid Media Earned Media
Leverage apps, polls, posts to
engage audience on Facebook Page
Open Graph
Case Study:
1-800-Flowers.com
Smiles design and delivered.
• 1-800-Flowers.com is actually in the business of delivering smiles.
=
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Justin Bieber Deluxe Totebag.
• Social connections – between friends, couples, coworkers – drive gift giving in all its forms…
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Case Study
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Background:
1-800-Flowers.com was underwhelmed by Facebook Marketing results. They scaled their Facebook page to hundreds of thousands of Likes, built and deployed apps on their fan page and executed Facebook paid media. All with minimal impact on sales. They expected more.
Solution:
• Social Graph data capture through Social Emails
• Social Graph data capture through Social Sign On
• Social and CRM audience linking to power hyper-targeted Facebook Media
• Integrate Customer’s Facebook Network into the Shopping Experience
Process: Creating Connections
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1800Flowers.com Site or Email
1800Flowers.com Customer
Customer's Friends
• Likes and Interests• Demographics• Product Likes• Shares and Comments
• Activation
• Common Likes• Close friends• Influencers
• Amplification
• Onsite Social App• Connection Experience• Value Exchange
• Audience
• Fair value-exchange to capture social crm profile
• A/B test permissions
Sample Flow - Social Emails
HTML Snippet in emails power Social Graph Data Capture
• Ongoing messaging
• CRM support & integration
• FB Permissioning Social:
• Gender: Male• Age: 28• Location: Chicago• Brand Likes: ESPN, Adidas, Canon, Nike • Likes & Interests: Football, basketball,
running, Chicago Bears• Friends: Photos, Number of Friends, Names,
Birthday• Open Graph Likes: Jeans, Shoes, Apparel
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CRM:
• Email: High Email Engager
• Customer Segment: High Value
1 Authentication ≈ 250 Social CRM User Profiles
Results
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Results: Social Email drove 10X higher consumer engagement than standard product based newsletters
Solution:Social Email integration & personalization
Challenge:Integrate connected-user insights into email program to drive higher engagement and incremental sales
Social Sign On
Social Sign On widget for newsletter sign up
Facebook UIDs and Lookalike Targeting
Facebook Clusters
Facebook Sponsored Stories and Marketplace Ads
• UID• Lookalike
retargeting• Influencer targeting• Map to
transactions/ROI
UIDsAll your open graph data
Valuable Facebook user and friend
profile data collected by Social Amp
High Value Social Consumer
• Likes H&M
• 24 years old
• NYC
• 400-500 friends
• Single
• High LTV
Social Analytics (non-CRM enabled)
• Social Audience Profiling
• Demographics (age, gender, location etc.)
• Social Audience Segmentation (e.g. Fitness Fanatics, Skiers, Traveling Socialites)
• Competitive Brand Analysis
• Social Funnel Analysis
• Frequency / recency of product or comparable product liked by user
• Type of engagement on comparable products (like, want, “OG” verb)
Analytics Use Cases (non-CRM enabled)
Social Analytics Tier (CRM enabled)
• Influence analysis
• Based on friends of users who have purchased or liked after the user
• Profile analysis of influencers (demo, interests, activities)
• Social CRM Analysis
• Customer analysis overlaying social segments (e.g. Fitness Fanatics, Skiers, Traveling Socialites) with purchase history and loyalty
• Social Profile analysis of high value or LTV audience segments (demo, interests, activities)
Analytics Use Cases (CRM enabled)
90% of the data that exists in the world has been created in the past 2 years
It is projected that the amount of data we create will grow by 40% each year
Transactions
Media data
CRM and enhanced data
Email and text data
Web log data
Social data
Voice/video
Vo
lum
e
Velocity
Vari
ety
Meg
abyt
esG
igab
ytes
Tera
byte
sP
etab
ytes
Kn
ow
led
ge
gap
Usability
Availability
Lesson 1: Don’t Treat Social in a Silo
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Lesson 2: Plan for the Future State of CRM
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Lesson 3: Trial Sponsored Stories
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Kristen loves orreviews a product integrated with Open Graph app on VS.com
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Gianna sees Kristen’s action on Facebook as sponsored media
2
Gianna loves and/or buys…Paid Media amplifies the action once more.
3
1 action ≈ 250 unique FB sponsored stories
Paid Media to amplify actionto friends and friends of friends