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Social Media Research Enhancing Consumer Understanding Through Listening The rise of social media has created a communication revolution. New platforms now exist for people to discuss an endless set of topics online, and the breadth of access to these conversations makes them a powerful new force in a number of arenas, including marketing. Many online discussions include reference to products or services, and for that reason, social media offers a gold mine of consumer opinions for product, brand, and category managers to analyze and use. Ideally, social media research, or “listening,” occurs as a complement to analysis of other information sources mined for insights, including traditional qualitative techniques, quantitative survey research, and secondary behavioral data sources. As a full-service, custom marketing research provider, Burke works with client organizations to determine how social media research can add richness to what they know about consumers. Properly assembled and analyzed, social media content can offer insight on a number of different management-relevant topics including the following: • Popularity of brands and products • Quality and intensity of brand image, reputation, affinity, and equity • Elements of the customer experience, including the quality of products and customer service experiences • The language customers use when discussing products or services • How consumers evaluate competing products and services • Early assessments of new product or service launches The process of social media research is analogous to that of other research methods in that it starts with objectives and ends with action. Critical steps include the following: • Identifying objectives for the social media analysis initiative • Harvesting social media content from the Internet • Imposing structure on what otherwise is quite unstructured content from social media sites • Analyzing cataloged social media content; possibly monitoring trends in buzz and sentiment over time • Interpreting findings in tandem with other information sources • Taking knowledge gleaned from interpretation and using it to improve decisions about how to market the product or brand Social media content does not offer a complete picture of what brands consumers think about and how they evaluate them; a comprehensive depiction requires more holistic approaches that derive from a representative set of consumers. Nevertheless, the volume of and sentiment expressed in social media can help marketers and marketing researchers expand their understanding of what consumers like and dislike. Burke can help organizations complete this picture of consumers in order to achieve business success with products and brands. For more information: Burke.com | [email protected] 800.688.2674 ©2014 Burke Incorporated. All rights reserved. Social Media Research Enhancing Consumer Understanding Through Listening The rise of social media has created a communication revolution. New platforms now exist for people to discuss an endless set of topics online, and the breadth of access to these conversations makes them a powerful new force in a number of arenas, including marketing. Many online discussions include reference to products or services, and for that reason, social media offers a gold mine of consumer opinions for product, brand, and category managers to analyze and use. Ideally, social media research, or “listening,” occurs as a complement to analysis of other information sources mined for insights, including traditional qualitative techniques, quantitative survey research, and secondary behavioral data sources. As a full-service, custom marketing research provider, Burke works with client organizations to determine how social media research can add richness to what they know about consumers. Properly assembled and analyzed, social media content can offer insight on a number of different management-relevant topics including the following: • • • • • • Popularity of brands and products Quality and intensity of brand image, reputation, affinity, and equity Elements of the customer experience, including the quality of products and customer service experiences The language customers use when discussing products or services How consumers evaluate competing products and services Early assessments of new product or service launches The process of social media research is analogous to that of other research methods in that it starts with objectives and ends with action. Critical steps include the following: • Identifying objectives for the social media analysis initiative • Harvesting social media content from the Internet • Imposing structure on what otherwise is quite unstructured content from social media sites • Analyzing cataloged social media content; possibly monitoring trends in buzz and sentiment over time • Interpreting findings in tandem with other information sources • Taking knowledge gleaned from interpretation and using it to improve decisions about how to market the product or brand Social media content does not offer a complete picture of what brands consumers think about and how they evaluate them; a comprehensive depiction requires more holistic approaches that derive from a representative set of consumers. Nevertheless, the volume of and sentiment expressed in social media can help marketers and marketing researchers expand their understanding of what consumers like and dislike. Burke can help organizations complete this picture of consumers in order to achieve business success with products and brands For more information: Burke.com | [email protected] 800.688.2674 ©2014 Burke Incorporated. All rights reserved.