skin care report
TRANSCRIPT
© Absolutdata 2014 Proprietary and Confidential
Social Insights – Skin CareSocial Conversations & Emerging Themes
© Absolutdata 2014 Proprietary and Confidential 2
Foreword
According to multiple market research firms today's baby-boomers are now"seeking to keep the dreaded signs of aging at bay," and will drive the U.S. marketfor anti-aging products from around $80 billion ($20 billion for skin care) in today'smarket to more than $114 billion by 2015. The boomer generation grew up on"Charlie's Angels," "Dynasty," and what the media calls a "forever young" mind set.We, at Absolutdata, decided to find what consumers on social platforms arediscussing about skin care products.
There are many social media reports out there telling you which metrics you needto measure your social media conversations, but many of these are like packagingand selling social media buzzwords which sound important but actually mean verylittle. We believe two most important questions social media managers must askwhen it comes to analysing their brand’s online presence are :
I. What do these numbers and emerging themes tell me?
II. And where do we go from here?
Platforms
On which platforms are the
conversations happening?
Engagement
What is the engagement and
impact of the social commentator?
Content
Are you able to understand what
drives the consumers intent to
purchase?
Absolutdata has identified this gap in knowledge and has come up with a solution.Using proprietary algorithms we extract emerging themes, calculate influencerscore (followers, social activity) while segmenting social commentators intoInfluencer (Follower), Detractor (Follower), Influencer (non-follower), Detractor(non-follower).
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Platform
ThemesPlatform
Volume
Social Media Listening Post
Absolutdata ProprietaryText Algorithm
Embed Analyticsin Decision Work
Flow
Focus on improving future decisions
Proactively deliver suggestions rather
than insights
Pre
scri
pti
ve A
nal
ytic
s
Pre
dic
tive
An
alyt
ics
Commercial Social Scrapping Tool
Absolutdata Propriety Text Mining Algorithm
Existing & Emerging Themes
What consumers talk about you & your competitors
Brand Sentiment Index
% Share of Voice (SoV). Brand &
Competitor sentiment score
New Product Insights
Usage & Experience
Degrees of usage& consumer bonding with
brand
PurchaseBehavior
Buying behaviour& loss of revenue due to stock outs
Acceleration, unusual volumes
of new terms(trending
terms, top keywords)
Predict Viral Strength
Identify potential themes that may
go viral
Under The Hood
© Absolutdata 2014 Proprietary and Confidential 4
Conversations
Absolutdata established a listening post for skincare andstarted monitoring social conversations and extracted15,647 relevant comments from various social platforms.The comments are segmented across the various platformsas shown below. Interesting observation was over 10% of allcomments were posted by men.
20%
Blog
Message Board/Forum
9%
Media Type/Others
30%
12%
28%
Video
1%
Digital Journey
Web Search
Home Page
Digital Campaigns
Segmentation
Registration / Cookies
Social Conversations
Listen, engage, participate, seed
Communities and Forums
Social Networks
Blogs, UGS & Niche Sites
Consumers
Social Content
Intent to Purchase
Conversations Pathway
Over 60% comments were posted between 0800-1559hours during the day, giving us an insight in when to engagewith social users across platforms.
© Absolutdata 2014 Proprietary and Confidential 5
6,282
1,4992,212
6,676
156 114 157485
Insights
If a brand is putting out content that is garnering a lot of mentions, they mightthink their online presence is strong, but if the mentions are limited to Twitter theymight be getting an inaccurate view of their true influence.
This is especially important if they are getting a lot of mentions (tweets and re-tweets) on Twitter, while negative mentions on sites with more influence likereview sites, blogs and consumer discussion forums.
Your firm’ social presence may require user generated content to spruce upconsumer engagement. Also, it is significant when any of your brand wishes tobenchmark themselves against their competitors.
Based on Absolutdata’ social roadmap framework we suggest social contentcreation and curation based on user generated content from social platforms toincrease engagement.
Comparative Social Presence(In ‘000)
Conversations
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Key Opinion Leaders
Stacie H Connerty Philip HarmanKavalonthatsme Gina Stark
Followers 533,000
Tweets 425,000
Followers 106,000
Tweets 92,800
Followers 101,000
Tweets 55,500
Followers 24,500
Tweets 26,500
Change in number of followers
Popularity of links
inbound and
outbound
Volume of posts
pergiven time
Level of participation in the
social web
Topic related posts
Volume and level of media that cites
user
Reader response and the
volume of comments
Volume of topic
related posts
InfluencerIndex
Engage
Analyze
Socialize
Search
Identify industry experts/enthusiasts
Connect & Comment on Social Platforms
Assign Influencer Index Score
Convert etractors to influencers
1 2
4 3
Industry Practice Absolutdata Advantage
© Absolutdata 2014 Proprietary and Confidential 7
Emerging Themes
Using our proprietary theme extraction tool we were able to process social mediadata from various platforms and identify emerging themes, extract the multipleassociations within the emerging themes that are not extracted by the currentlyavailable social media monitoring tools.
Sentiment (Negative/ positive/neutral)
Emerging Themes
Viral Strength
Negative comments
Positive comment
Theme
Level
Influencers
Optimal Response Window
Extraction of Themes
Social Media Mining
Theme Extraction & User Segmentation
Automated generation of themes
Deals, Natural Remedies, Animal Testing, Celebrity Endorsements
Deals
Natural Remedies Animal Testing Celebrity
© Absolutdata 2014 Proprietary and Confidential 8
Emerging Themes-Deep Dive
1. Deals
The top reason for following or liking a brand, company orcelebrity on social networking sites is to receive discountsand special offers. Social consumers of all ages shared thatreceiving discounts and special offers was their top reasonfor liking or following brands. Younger social usersrespondents were less likely to follow for this reason, statingthey primarily engage with brands via social media based onfriends' recommendations. During approaching holidayshopping seasons and with the economy still weighing onconsumers' minds, social media managers should considerleveraging social media to offer consumers incentives.
2. Natural Remedies or Supervised care
Brands that are sold in Pharmacies and Retail stores containlower amounts of active ingredients so they are irritation-free for a broad consumer base. With potent products,consumers want a physician to prepare them for possibleside effects, such as irritation and sun sensitivity, and tooversee the treatment so the decision may come down towhether they like the idea of a physician’s supervisedregimen or the freedom of shopping the aisles.
Sharing deals on Social Platforms increases consumer interest and engagement.
Consumers prefer Natural Remedies to Cosmetics and Skin Care Products.
Deals
Natural Remedies Animal Testing Celebrity
© Absolutdata 2014 Proprietary and Confidential 9
Emerging Themes-Deep Dive
3. Animal Testing
Many consumers were surprised to know that many of thebig brands on supermarket shelves and in department storecosmetic counters have been tested on animals. The EU banon animal testing applies to all new cosmetics and theiringredients sold in the EU, regardless of where in the worldtesting on animals was carried out. While, China actuallyrequires animal testing for certain types of cosmetics soconsumers believe that cosmetics manufacturers will justcreate two versions of their product, no animal testingversion and the Chinese animal testing version. CosmeticsEurope was cited by many pro testing consumers "byimplementing the ban at this time, the European Union isjeopardising the industry's ability to innovate".
4. Celebrity Endorsements
Actor Ray Liotta claims in a lawsuit that he's never heard of askincare company that he alleges is using his face in a"before-and-after" advertising photo is doing the rounds insocial platforms. While for the UK & Ireland markets themajor fiascos shared are Katy Perry versus British Hair-CareCompany Good Hair Day. And Teri Hatcher versus HydrodermSkin Care. It is imperative to state that the consumerdiscussions in social platforms have started questioning therole of celebrities endorsing skin care products as we sharethe key insights in the next section.
Animal Testing impacts intent to purchase negatively.
Intent to purchase is positively influenced by Product Placement in TV Shows.
Deals
Natural Remedies Animal Testing Celebrity
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Emerging Themes-Deep Dive
Images for illustration only
Celebrities Questioned……
There are several questions consumers have started asking about celebrityendorsements of skincare products:
I. How much are they being paid? If a celebrity is being paid thousands of dollarsto say they use a range, then in a way, it removes some of the weight of theadvertising, doesn’t it?
II. What are they getting in return? Social consumers agree that they would jumpon TV and say we loved using a certain product, if they were going to be paidlots of money to do it, or even provided with free products for a certain amountof time.
III. Are the images in the ad photo shopped in any way? Ads should give a realisticinterpretation of what is possible using that product.
IV. Do they look too good to be true? If it looks too good to be true, as the sayinggoes, it often is!
Deals
Natural Remedies Animal Testing Celebrity
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Usage & Attitude: Category Overview
Anti-Aging
Eye Care
Exfoliator
Body Lotion
Moisturizer
Moisturizer
To smooth out frown lines and crow’s feet is the most desired benefit from anti - wrinkle treatment
Consumers want an eye-cream which that reduces appearance of wrinkles & dark circles below the eye
Consumers have shown highest affinity for aloe vera based body lotions
Consumer need for a face wash specifically for sensitive skin that does not cause irritation & skin damage is still unmet
Positive consumer sentiment around newly launched in-shower body moisturizer from Nivea for both dry and normal skin
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Usage & Attitude: Brand Overview
Pricing
Packaging
Smooth on Skin
Availability
Reaction Time
Positive Sentiment Negative Sentiment
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a. Create compelling Social Presence
b. Give to get-Share relevant content
c. Use Social Platforms to Serve Customers
a. Create robust Social Media Marketing Strategy
b. Compelling content on Social Platforms enhances “buzz”
c. User generated content drives creation of marketing content
a. Deals/Discounts
b. Per Unit Price influences intent to purchase
c. Consumers are willing to pay as long as results show quickly
Tangible Insights – The Next Steps
a. Categories Discussed
i. Face (Daily, Sun Screen, Acne)
ii. Body (Daily, Sun Screen)
iii. Hands/Feet (Sun Screen)
roduct rice
romotion latform
P P
PP
b. Packaging
c. Animal Testing
© Absolutdata 2014 Proprietary and Confidential
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