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Mike Spataro@mikespataro
Social Influence is the KILLER APP 	to Social Capital
A consumer who has a 	greater than average impact 	through word-of-mouth in a 	relevant marketplace
Figuring out Social Influence to derive business value has been challenging
There is no standard for defining the influence 	of the online consumer
Technology 	isn’t there yet
Companies are frustrated 	or worse yet basing decisions on incomplete metrics
Social influence continues to 	Grow in Importance
Social enables: Customer acquisition Customer loyalty Better product development Hyper-personalized marketing Improved customer service Higher sales  Recommendations from family and friends trump all other consumer touchpointswhen it comes to influencing purchases.  Inner circle trumps at decision time 58% of Americans say that people that they know well and trust are the most important single factor in the final decision on major purchases.   
What percent of social conversations lead to purchase intent? Credibility Purchase Pass-Along Base: Brand conversations across all categories (n=105,450) Source: TalkTrack®, January – December 2010
The Shift to Influence Metrics
Understanding Social Influence Reach ,[object Object],Relevance ,[object Object],Resonance ,[object Object],Centrality ,[object Object],[object Object]
Community Rank Authors with strong “Influence Rank” have more and deeper connections to others
Discussion Authority helps identify which parts of automobile conversations the author participates in.  This provides a more granular look into what made the author relevant.
Centrality – assessment of community strength which considers links, # of authors, and quality of sites being linked to/from.
Page Views and Traffic ranking calculations.
Author Activity  = ranking based on total # of posts by author. Site Activity  = ranking based on total site volume.
Term Cloud showing what else the author talks about.
Influence Rank shows where the author ranks from the list of top automobile authors.
Consumer Influence 2.0:                                  The Age of confluence Intersection of online and offline consumer data and intelligence Game changing technology integration: Semantic & Social Behavior mapping across communities and channels
The future is     Predicative Analysis                 Social Influence  Brands are flocking to … find, reward and recruit their most-influential consumers, … (and) the push to measure influence shows no signs of stopping. —Greg Shove, Halogen Network & Kohlberg Ventures 
Mike Spataro@mikespataro
The Future of Social Influence in a Social Capital World

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The Future of Social Influence in a Social Capital World

  • 2. Social Influence is the KILLER APP to Social Capital
  • 3. A consumer who has a greater than average impact through word-of-mouth in a relevant marketplace
  • 4. Figuring out Social Influence to derive business value has been challenging
  • 5. There is no standard for defining the influence of the online consumer
  • 7. Companies are frustrated or worse yet basing decisions on incomplete metrics
  • 8. Social influence continues to Grow in Importance
  • 9. Social enables: Customer acquisition Customer loyalty Better product development Hyper-personalized marketing Improved customer service Higher sales  Recommendations from family and friends trump all other consumer touchpointswhen it comes to influencing purchases.  Inner circle trumps at decision time 58% of Americans say that people that they know well and trust are the most important single factor in the final decision on major purchases.  
  • 10. What percent of social conversations lead to purchase intent? Credibility Purchase Pass-Along Base: Brand conversations across all categories (n=105,450) Source: TalkTrack®, January – December 2010
  • 11.
  • 12. The Shift to Influence Metrics
  • 13.
  • 14. Community Rank Authors with strong “Influence Rank” have more and deeper connections to others
  • 15.
  • 16. Discussion Authority helps identify which parts of automobile conversations the author participates in. This provides a more granular look into what made the author relevant.
  • 17. Centrality – assessment of community strength which considers links, # of authors, and quality of sites being linked to/from.
  • 18. Page Views and Traffic ranking calculations.
  • 19. Author Activity = ranking based on total # of posts by author. Site Activity = ranking based on total site volume.
  • 20. Term Cloud showing what else the author talks about.
  • 21. Influence Rank shows where the author ranks from the list of top automobile authors.
  • 22.
  • 23. Consumer Influence 2.0: The Age of confluence Intersection of online and offline consumer data and intelligence Game changing technology integration: Semantic & Social Behavior mapping across communities and channels
  • 24. The future is Predicative Analysis Social Influence  Brands are flocking to … find, reward and recruit their most-influential consumers, … (and) the push to measure influence shows no signs of stopping. —Greg Shove, Halogen Network & Kohlberg Ventures 

Editor's Notes

  1. Social Influence
  2. Understanding Social Influence
  3. The Reality: Good Luck
  4. The Reality: What Standards?
  5. The Reality: My Algorithm is Better than Yours
  6. The Reality: Business Challenge
  7. But We all Know…
  8. What It Means For Business
  9. The Pot of Gold
  10. Social Influence Measurement
  11. Influence Ranking
  12. Influence Ranking
  13. Influencer Profiling
  14. Influencer Profiling
  15. Influencer Profiling
  16. Influencer Profiling
  17. Influencer Profiling
  18. Influencer Profiling
  19. Influencer Profiling
  20. Consumer Influence 2.0 (next 5 years)
  21. The Bottom Line