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Social Graphing. Beyond. Doug Curling New Kent Capital April 2011. In The Beginning……. There was data about people: - Anecdotal Personal Reference Data Financial Transaction & Credit Data Government “Public Record” Data
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Social Graphing Beyond Doug Curling New Kent Capital April 2011
In The Beginning……. There was data about people: - Anecdotal Personal Reference Data • FinancialTransaction & Credit Data • Government “Public Record” Data Now the largest and fast growing source of consumer data is self-contributed data --- including social network data !
We Built Profiles….. • Consumer Credit Files • Consumer Marketing Profiles • Public Record Dossiers Sometimes we used “snapshots” ----- and sometimes we constructed “rings on a tree” to understand: • Is there a Doug ? • Are you that Doug ? • What kind of person/consumer is Doug ?
Now Consumers Are Building Their Own Profiles Unique U.S. Visitors Per Month (12/10) Facebook (153 million) MySpace (50 million) LinkedIn (27 million) Twitter (24 Million) Tumblr (7 million) Formspring (5 million) Source: ComScore Feb 2011
So We’re Building New Data Sets….. • Search Engine Queries • Web Sites Visited • Web Shopping Data • Web Posting Subjects/Content • Time of Day/Tool of Day Interaction Stats • Physical Location Data/Metrics • YadaYadaYada
“Our” Willingness to Reveal has Exploded FACEBOOK asks me what I’m doing……. TWITTER asks me what I’m thinking……. FOURSQUARE asks me where I’m going……. CONCLUSION: The internet is my new boyfriend!
How Do We Get Insight From All This New Data ? • Strength of Affinity --- not who or what I know --- but instead who or what I give a S#IT about ? • Topical Yodas--- the key influencers, by topic, in each consumers network, whose opinion/trends really matters to that consumer ? • Behavioral Preferences --- decoding the things a consumer says, does, joins and likes ?
Investigative Due Diligence • Matching and time tracking email and social network exchanges between people • Tracking escalation in “emotion language” usage • Tracking usage of “fine print” language • Transitions from written to verbal (ie, cell) exchanges between advisors and friends
What’s Next for Your Market ? • Consumer created and self-managed profiles ? • Building new (or transferring old) affinity after rejection ? • Mobile marketing, customer enrollment and portfolio management ? • A new opportunity for “social” financial partners ?