Global CPG brands are making massive headway in terms of growth with the help of social media listening | Here’s a best practice checklist by Quantzig
LONDON--(BUSINESS WIRE)--Jun 11, 2020--
Quantzig’s global team of social media analytics experts with in-depth domain expertise has a proven track record of identifying and implementing social listening best practices to create insight-driven organizations across a range of industries, including CPG & retail, banking, insurance, telecom, media & entertainment, online learning, healthcare, and oil & gas. Over the past few years, Quantzig has worked on several social listening projects to help CPG companies acquire new customers. Based on their expertise in helping CPG brands resolve complex issues, Quantzig’s social media analytics experts reveal three best practices that can help you acquire new customers through social media listening.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200611005508/en/
The rapid changes in market dynamics driven by technological improvements and socio-economic changes have prompted CPG companies to rethink their social media strategies. (Graphic: Business Wire)
According to Quantzig’s social media analytics experts, “Global Tier-1 CPG brands are using social media platforms to its fullest potential and have been able to capture a significant market share by acquiring new customers with the help of social listening tools.”
Your customers spend more online time on social media platforms than any other channel. Request a FREE proposal to learn how you can capitalize on this opportunity.
With the business world slowly crawling back to normalcy, leading CPG brands have realized the need to leverage advanced social media analytics solutions to keep abreast of the changing landscape. Notably, the crisis-induced disruptions have opened up new, untapped opportunities for CPG brands to proactively innovate and find new ways to add value to their customers. Additionally, the rapid changes in market dynamics driven by technological improvements and socio-economic changes have prompted CPG companies to rethink their social media strategies to better connect with customers. Changes in buyer demographics, increasing online product research, and uncertainties about product shelf space have all impacted the relationship between businesses and their customer base.
Leading B2C and B2B brands agree that social media listening plays a crucial role in creating a cohesive customer journey. Request a FREE Demo to learn how our social media analytics solutions can help you.
Social Media Listening Best Practices Checklist for CPG Brands
#1 Start from square one by analyzing the customer purchase funnel
#2 Use social media platforms to set new trends and connect with customers
#3 Leverage social listening to understand the ‘new normal’
Based on our interaction with CPG market leaders and key decision-makers, it’s quite clear that when it comes to using social media platforms to acquire and retain customers in the CPG industry, innovation, strategic placement, and analytical thinking are key. Hence, CPG companies must up their game by leveraging social media listening to carefully monitor current events, set new trends, and analyze customer behavior, which, in turn, can help identify potential customers if implemented into a sound marketing strategy.
Social Listening Projects Taken up by Quantzig:
- Helped a US-based multi-brand retailer develop a robust social media listening strategy to track and monitor customer sentiments
- Developed a new social media listening strategy that helped a renowned personal grooming products retailer to build better products based on the market expectations
- Collaborated with a financial services firm and helped them identify emerging trends in public affairs
Want comprehensive insights? Tell us your business challenge and we'll put you on the right track. Speak to our experts now!
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal
View source version on businesswire.com:https://www.businesswire.com/news/home/20200611005508/en/
US: +1 630 538 7144
UK: +44 208 629 1455
INDUSTRY KEYWORD: CONSULTING MARKETING COMMUNICATIONS PROFESSIONAL SERVICES SOCIAL MEDIA
Copyright Business Wire 2020.
PUB: 06/11/2020 09:45 AM/DISC: 06/11/2020 09:45 AM