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Social Audience: exploring the relevance of social media activity on the performance of CMF-funded projects (DM+TV). Advisory Committee Meeting – Nov 1 st 2012. Objectives. Ongoing evaluation of potential new metrics. Share results of CMF’s research +pilot projects.
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Social Audience: exploring the relevance of social media activity on the performance of CMF-funded projects (DM+TV) Advisory Committee Meeting – Nov 1st 2012
Objectives • Ongoing evaluation of potential new metrics Share results of CMF’s research +pilot projects Assess relevance of Social “audiences” for CMF-funded projects Ignite discussion
CMF’s measurement of “social activity” • For DM projects (Convergent & Experimental)▶ DMMF’ monitors other inputs (why? to add context) Newsletter and RSS subscriptions, mails, … User commentsand feedback, votes and ratings Reach of the distribution platform Geographic segmentation and demographic data Promotion Budgets Likes, Tweets, … Awards and nominations Generated income(in total sales)
CMF’s measurement of “social activity” • For TV projects (Convergent)▶ nothing is currently measured/monitored Pilot Project (Seevibes) ▶ presentation of Results by Laurent Maisonnave
Is there a social audience? Social Media Social Mktg Social TV/DM SOCIAL AUDIENCE
Social Media Why important? • 400M tweets per day (but only 8% of Canadians active on Twitter) • 1 out of 8 people on earth have a FB account • 16,1M FB users in Canada in 2012 (42%) Core metrics • Influence • Engagement • Definition • Umbrella term • Means for sharing, creating, commenting, curating content and interacting with others (media or users) = Conversation
Social Marketing Why important? • using social media tools has become part of the new “normal” in marketing strategies. Core metrics • Exposure • Awareness • Definition • Using Social Networks as a marketing tool to create awareness and promote a Project
Social TV Why important? • 62% use social media while watching TV at various frequencies. • Social TV market is expected to reach $256,44 billion by 2017. • According to Nielsen (2011), 9% of Social buzz translates into 1% increase viewership Core metrics • Engagement • Exposure • Loyalty • Conversion (?) • Definition • the use of social media (in a synchronous or asynchronous manner) to rate, recommend or discuss shows —during or after airing Point of discussion!
Different positions Important but not a priority • Social raises awareness, which partially converts into viewership • Social raises engagement, which makes some viewers watch more • CMF should monitor and continue research but not a priority to measure Not important • Not enough proofs yet; some shows with little to no social audience still have good ratings (and the opposite) • TV viewers and social users are not the same demographics • Priority • Social media generates data which helps you know your audience better and we believe there is a positive correlation btwn success in social audience & CMF-funded projects
Debate Point of discussion! • Definition of social audience: Should we measure? Core Metrics:
Conclusions- recap Read section “NOTES”