sample case of social listening for banks in costa rica: bac, banco nacional y banco popular

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Sample summary of Social Listening Case: Social Conversation of Banks in Costa Rica BAC, Banco Nacional and Banco Popular April, 2016

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Page 1: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Sample summary of Social Listening

Case: Social Conversation of Banks in Costa RicaBAC, Banco Nacional and Banco Popular

April, 2016

Page 2: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular
Page 3: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

*insert your KPI.

*

Page 4: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Social Media and the internet are a new space where people have conversations about things that matter to them.

People go to the internet to find information, interact and share content. They do this to take actions.

The customer journey has changed.

How does this affect you an what should we do about it?

Page 5: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Mobile Strategy goes first.

Page 6: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Can we know what they are talking about on the public internet and on private social networks, like Twitter and Facebook?

Yes.

Is there a way to read the minds of the people that matter to you?

Page 7: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

What we do at Plugin is use digital infrastructure to help companies discover the conversations, the people and the trends impacting their business.

Page 8: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

After listening and analyzing, we help companies create effective communication strategies:

What does an effective communication strategy do?

- Get the right message, to the right audience at the right time and at the right place (channel)

- Listen, engage, measure what spreads, repeat.

- Consistently get results.

Page 9: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Mentions about Banco Nacional on the internet

January-April 2016

Page 10: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

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Let’s see one example of how data can inform our strategy:

How does this work?

Listen to the conversation that your influencers are having and then plan a campaign using their concerns and their language in order create more impact.

Page 11: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

1. Identify Influencers and quantify their influence and outreach.

Page 12: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Understand who they are and what they care about.

Page 13: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Gender split and top interests of your audiences

Page 14: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Topic comparison and frequency of mentions by Gender.

Page 15: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

2. Listen to what they are saying, how they are talking and who they are talking to.Use metrics to understand their impact.

Page 16: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

2. Understand what resonates with your audience.

Page 17: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Sentiment analysis of mentions

Page 18: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Lets dig deeper: I personally asked for recommendations for banks.

This is what happened on April 15th at 12:03 pm.

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After two hours on Facebook:

- No response from banks mentioned or any other bank.

- 50+ recommendations and horror stories from friends.

Page 21: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular
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After two hours:

- No response from banks mentioned or any other bank.

- 50+ recommendations and horror stories from friends.

Page 24: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular
Page 25: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

After two hours:

- No response from banks mentioned or any other bank.

- 50+ recommendations and horror stories from friends.

Page 26: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular
Page 27: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

After two hours:

- No response from banks mentioned or any other bank.

- 50+ recommendations and horror stories from friends.

Some funny ones.

Page 28: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Private chat recommendations

Page 29: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

After two hours on TWITTER:

- Banco Nacional response: 5 minutes.

- BAC San José response: 16 minutes.

- Banco Popular did not respond, even after targeting their account that creates a notifications to the Community Manager.

- No response from any other Bank.

Page 30: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular
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Some observations:

- People share their experiences with banks online and they influence the decisions of others.

- The quality of online service is a proxy for the overall quality of service of banks offline and via telephone.

- In the segment that we analysed (journalist and academics) people recommend using different banks for different services.

Page 33: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

Plugin: what we do

▪ Digital preparedness: 24/7 Real Time Social Listening and Analytics: Take the pulse of the region online to act and react fast on the issues that matter the most to specific groups.

▪ Specialised digital communications, PR and influencer infrastructure: Understand how a message spreads and who makes it spread. Coordinate efficiently all your communication and PR efforts and engage deeply at scale with all of the stakeholders.

▪ Centralised Media Buying capabilities using Facebook API: Reach people hyper locally, with target custom messages to micro segments and dominate the conversation.

▪ Ad hoc solutions: Research, technology, digital media, data, education & training services.

▪ Empower your people with the power of listening: Build the capacity of your team through practical training and joint work with Plugin’s experienced digital social listeners, campaigners and technologists. (Spanish and English. Portuguese soon).

▪ Leverage our global digital experience: Access the experience of over 6 years working in 12 countries and 3 continents.

Page 34: Sample case of social listening for banks in costa rica: BAC, Banco Nacional y Banco Popular

To get full access of this study you can contact Roberto Echeverrí[email protected]+506 70220469