Off the back of Willis Re estimates that UK motor reinsurance rates increased by between ~20%-35%, reinsurance broker Guy Carpenter announced that its rates across its portfolio increased by 25% during the 1 January renewals.
Guy Carpenter’s EMEA chief executive Nick Frankland said the rate increases were driven by the increasing use of periodic payment orders (PPOs).
There are many different types of analysis that can be done in order to retrieve information from big data. Each type of analysis will have a different impact or result. Which type of analysis you should use really depends on the type of business problem that you are trying to solve. Different analyses will deliver different outcomes and thus provide different insights.
Here’a a wondrous new infographic from freelance graphic designer Rebecca Nunes summarising how shoppers shop smart with their social intelligence.
Taken from the shopper rather than the seller perspective, the infographic explains how we use our social intelligence – our ability to understand and learn from each other and profit from social situations – to shop smart.
Rebecca took our original post on the social psychology of social shopping that’s been the subject of a number of reports, articles and other infographics and summarised the key points. A useful creative stimulus, we hope, for you when planning how to sell in social media.
Long story short – to sell successfully in social media you’ll need to offer social utility; a social service that helps people find social solutions to problems or solves social problems. Helping people shop smarter with their social intelligence is one way of delivering this value proposition…
The next-evolution of social media listening and analytics for marketers. Bottlenose provides live social intelligence for marketers by analyzing activity across all the major social networks. Use it to search, monitor, analyze, target, and engage in real-time.
Stop Calling Social Analytics Intelligence Smart Data Collective Imagine downloading mass amounts of public Twitter data from around the world, or purchasing it off of Gnip, and being able to automatically mine it to find consumer behaviors,...
Social media in highly-regulated industries is a hot topic – and healthcare is no exception. The healthcare industry encompasses a wide variety of specialties, making it even more difficult to draw concrete conclusions on the specific use and scope of social media.
The unique challenges – and opportunities – available to healthcare professionals via social media is worthy of review. Regardless of where you are with your online marketing efforts, creating and integrating social media into an overall plan can be fruitful. Let’s break it down!
Unique Challenges There are several challenges unique to the healthcare industry and most of them relate to fear of the unknown and the regulations that must be followed.
Many are afraid of violating HIPPA laws and endangering patient protection. Some also fear that any advice they offer could be misinterpreted as ‘medical advice’ without a proper diagnosis.
The rules around what can be said/done on social media as it relates to any regulated industry can be vague. Some would rather not take the chance.
Unique Opportunities While there are many in the industry who are embracing social media, it’s still a relatively fresh mode of communication. This is an opportunity for medical providers to build authority and become a leader in their industry. And, for those who fear HIPPA, there is still a good amount of wiggle room. For example, social media can be used for the purpose of introducing new staff members to the audience, informing the audience of business happenings, and changes or additions to current service. Using social media effectively is a great way to establish credibility and generate referrals, which are critical to physicians.
For those who are targeting a younger demographic, social media presents a great opportunity as many younger folks use it as a primary form of communication. And young people are not the only ones. Adults ages 35-54 represent one of the fastest growing demographics on most of the major social media.
There are also many collaborative, research and professional-related networking opportunities available to those in the medical field using sites like LinkedIn. The internet poses an abundance of information and resources for medical professionals.
Determining Channels I advise clients in all industries to choose a channel or channels that meet their specific goals and target their ideal clients. There’s no size-fits-all when it comes to social media.
For example, if you’re a physical therapist with a primary goal of communicating valuable tips to your existing patients, I might recommend considering Facebook and an e-newsletter or blog. A doctor or specialist may have a goal to connect with like-minded professionals who can help expand his or her knowledge base. In that case, perhaps creating or jointing a medical LinkedIn group would be effective.
Establishing Goals For those who want to use social media effectively, they must set realistic goals, integrate their social media efforts with their traditional marketing efforts and establish an effective plan for managing a consistent presence.
Realistic goals include: driving website traffic, building loyalty among existing customers, establishing credibility, enhancing search engine optimization (SEO), increasing audience engagement, raising awareness/educating, or driving foot traffic to a physical location. I recommend focusing on no more than three goals in the first 90 days.
Once the goals are decided and the channels are active, it will be important to integrate social media with other forms of marketing, like including Facebook URLs on print pieces. Message consistency – throughout all marketing – is also important.
Social media success is something that takes consistent effort and energy, especially as it relates to content development. It will be fundamental to set aside time to execute social media tasks or hire someone who can help with the management. That being said, for those who plan to manage efforts themselves, they don’t have to spend countless hours. Keep in mind that you have the knowledge and expertise to offer value-added information and solutions to your audience – you just need to establish your rhythm for communicating your expertise.
Maximizing Efforts The only thing that makes health care different from other industries is the need to protect patient privacy. That’s something that should be incorporated into in all forms of communications and company policies. I advise all of my clients to have a social media policy, which governs the use of internal and external use of social media, but I stress this with clients in highly-regulated industries.
Regardless of the industry involved, I find that many do not understand social media and its usages and, because of this, are reluctant to embrace it. My hope is that fear of the unknown does not keep anyone – especially those in highly-regulated industries – from establishing themselves on social networks. Check outKevinMD for an example of how healthcare professionals can use social media to meet their goals.
By offering decision makers rich real-time data, social media is giving some companies fresh strategic insight. They will take on a broader role: informing competitive strategy. Social media should help companies overcome some limits of old-school intelligence gathering, which typically involves collecting information from a range of public and propriety sources, distilling insights using time-tested analytic methods, and creating reports for internal company “clients” often “siloed” by function or business unit
James A. Hendler is the Tetherless World Professor of Computer and Cognitive Science and the Head of the Computer Science Department at RPI. He also serves as a Director of the UK’s charitable Web Science Trust and is a visiting Professor at DeMontfort University in Leicester, UK. Hendler has authored about 200 technical papers in the areas of Semantic Web, artificial intelligence, agent-based computing and high performance processing. One of the early “Semantic Web” innovators, Hendler is a Fellow of the American Association for Artificial Intelligence, the British Computer Society, the IEEE and the AAAS. In 2010, Hendler was named one of the 20 most innovative professors in America by Playboy magazine and was selected as an “Internet Web Expert” by the US government. He is the Editor-in-Chief emeritus of IEEE Intelligent Systems and is the first computer scientist to serve on the Board of Reviewing Editors for Science. Hendler was the recipient of a 2012 Strata Conference Data Innovation Award for his work in Open Government Data.
We have just finished a paper entitled 'Social Media and the Emergence of Open-Source Geospatial Intelligence' for Socio-Cultural Dynamics and Global Security. For those interested below is the abstract:
Sharing your scoops to your social media accounts is a must to distribute your curated content. Not only will it drive traffic and leads through your content, but it will help show your expertise with your followers.
How to integrate my topics' content to my website?
Integrating your curated content to your website or blog will allow you to increase your website visitors’ engagement, boost SEO and acquire new visitors. By redirecting your social media traffic to your website, Scoop.it will also help you generate more qualified traffic and leads from your curation work.
Distributing your curated content through a newsletter is a great way to nurture and engage your email subscribers will developing your traffic and visibility.
Creating engaging newsletters with your curated content is really easy.