Engagement Labs inc.
TSX VENTURE : EL

Engagement Labs inc.

December 22, 2014 09:00 ET

Diversity is the Only Consistency for Brands Killing it on Social, According to the evalue™ Retail Index

Champs Sports and GameStop at the Top of Their "Game" on Social; Tiffany & Co. is Crushing Other Retailers with its Engaging and Impactful Social Content

J.Crew, H&M, Forever 21, Old Navy, Banana Republic, Zara, American Eagle, Gap, Levi's, Urban Outfitters and Guess Score Well Below The Industry Average with Their Social Efforts

TORONTO, ONTARIO--(Marketwired - Dec. 22, 2014) - Engagement Labs (TSX VENTURE:EL), the world's foremost data-based communications company and creator of evalue™, the only independent global benchmark for social scoring, today released its "Retail Index" showcasing the top evalue scores for the world's leading retailers. Champs Sports (96), GameStop (95) and Tiffany & Co. (89) were top-of-the-class in social engagement, impact and responsiveness - three key actionable components of the more than 300 conventional social media metrics in the evalue score. The Index includes evalue scores from 80 different major retail brands.

The diversity of offerings from top scorers including Champs Sports, GameStop and Tiffany & Co., underscores that no matter the industry, thoughtful, genuine, sharable and consistently engaging content truly differentiates a brand from its competitors on social media. In particular, the top three performing brands significantly outscored many notable fashion retailers such as J.Crew (55), H&M (54), Forever 21 (54), Old Navy (54), Banana Republic (52), Zara (46), American Eagle (45), Gap (42), Levi's (40), Urban Outfitters (38) and Guess (23), all of which fell well below the retail industry average of 64.

"From sporting goods and videogames, to luxury goods and jewelry, it's great to see such a wide variety of companies that were able to use social to differentiate their brands," said Eli Singer, CSO of Engagement Labs. "The secret to their success, is the ability to generate significant engagement by being thematically consistent, timely and relevant with their content. For Tiffany, by delivering interactive, animated content and integrating live streaming of Google Hangouts that include clever hashtags, the brand has seized the opportunity to connect on social with people in a way that differentiates its business during the holiday shopping season."

Social media is a place where effort, thoughtfulness and being genuine can pay big dividends for brands. To stay relevant, major retailers need to focus on creating content that has a uniform look and feel, is relevant to their target audience and is not afraid to push the boundaries. Tiffany does well with using their signature blue color throughout all of its efforts, which is a great way to immerse customers in their brand and drive organic engagement.

"Champs Sports' evalue score is a clear indicator of how thematically aligned, consistent content differentiates specialty-sporting goods and shoe retailers from larger multinationals on social media," said Bryan Segal, CEO of Engagement Labs. "For instance, Champs Sports' '#TheDrop' series, offers fun and interesting facts about top athletes and professional sports teams. It's a great way to drive engagement and jump into mainstream, pop culture moments that build trust with consumers using relatable content."

Outside of Champs Sports, the majority of sporting retailers scored above average on the Index, including the likes of Foot Locker (85), Finish Line (76) and Dick's Sporting Goods (68). Sports Authority (43) was the lone outlier that finished well below the industry average.

Other evalue Retail Index findings include:

  • Levi's, Gap (42) and Coach (35) also offer little-to-no seasonally specific content, missing out on an important moments to connect with their audience in a timely, interesting and relevant way
  • Coach (35) and Guess' (23) customer service numbers were extremely low, and were a key factor in their being ranked very low on the Index. Guess was also ineffective in their use of hashtags, and lacked a strong and consistent theme to their content
  • Big box retailers populated the middle tier of the Index: Costco (68), Sam's Club (65), Sears (65), Kmart (59), Walmart (50), Target (44)
  • Home improvement companies in general scored in the middle-to-upper tier: The Home Depot (81), Ace Hardware (75), Sherwin-Williams (62) and Lowe's (57)

Methodology

Brands are ranked by their evalue score, which is an overall measure of performance and effectiveness on a given social media channel. The ranking is based on the evalue scoring system, which is backed by a patented algorithm and benchmarked against a database of 50,000 verified brand accounts. The evalue score itself is an aggregate of the ideal social media KPIs - the three sub-scores of engagement, impact, and responsiveness. Unlike most tools, evalue analyzes all Facebook Page custom targeting options simultaneously. For the purpose of this Index, we looked at standard pages, global/local pages and geo-targeted content facing the United States.

About Engagement Labs

Engagement Labs' patented evalue™ Score is the Global Standard for Social Scoring. evalue™ analytics Pro, an enterprise grade social media analytics platform, scores brands between 1-100. evalue™ measures brands' social media and digital marketing efforts. It's composed of a series of metrics and KPI's, among them: engagement, responsiveness and impact, benchmarked against 50,000+ handpicked verified brands.

Engagement Labs (TSX VENTURE:EL) offers intelligent social data, analytics and insights for organizations that are actively engaging on social networks. Offered as a SaaS or through an API, the evalue™ analytics platform allows brands to measure and maximize the effectiveness of their social media marketing campaigns, as well as measuring that of their competitors, across major social networks Facebook, Twitter and YouTube. Engagement Labs maintains offices in Montreal, Toronto and Paris. www.engagementlabs.com / www.evalueanalytics.com

RETAIL INDEX
Ranking Brand evalue Score
1 Champ Sports 96
2 Game Stop 95
3 Tiffany & Co 89
4 Hot Topic US 89
5 Macy's 89
6 Nordstrom 87
7 Safeway 85
8 Boot Barn 85
9 Foot Locker > United States 85
10 Aeropostale - Global > United States 84
11 Belk > United States 82
12 Big Lots > United States 82
13 The Home Depot - Global > United States 81
14 Pier 1 Imports > United States 81
15 Publix > United States 81
16 Petco > United States 81
17 Bath & Body Works > United States 80
18 Best Buy > United States 80
19 JCPenney > United States 79
20 Sephora > United States 79
21 Williams-Sonoma - Global > United States 78
22 Kohl's > United States 78
23 Finish Line > United States 76
24 Ace Hardware > United States 75
25 Abercrombie & Fitch - Global > United States 75
26 Chico's > United States 73
27 Barnes & Noble > United States 73
28 JustFab > United States 72
29 Ross Dress for Less > United States 71
30 CVS > United States 70
31 Kroger > United States 70
32 Advance Auto Parts > United States 70
33 Dick's Sporting Goods 68
34 Costco > United States 68
35 IKEA USA 67
36 Toys ''R'' Us > United States 67
37 PetSmart - Global > United States 66
38 Sam's Club > United States 65
39 Sears > United States 65
40 Michaels Stores > United States 63
41 Marshalls > United States 63
42 Sherwin-Williams for Your Home > United St 62
43 Bed Bath & Beyond > United States 60
44 T.J.Maxx > United States 60
45 Neiman Marcus > United States 60
46 Kmart > United States 59
47 HomeGoods > United States 57
48 Lowe's Home Improvement > United States 57
49 Bloomingdale's > United States 57
50 Whole Foods Market > United States 56
51 Dollar Tree > United States 56
52 Buckle > United States 55
53 J.Crew > United States 55
54 Old Navy - Global > United States 54
55 Forever 21 - Global > United States 54
56 H&M - Global 54
57 Banana Republic - Global > United States 52
58 PacSun > United States 52
59 Office Depot > United States 52
60 Dollar General > United States 51
61 Walmart > United States 50
62 Wet Seal > United States 50
63 RadioShack > United States 49
64 Family Dollar > United States 48
65 Walgreens > United States 48
66 DSW Designer Shoe Warehouse > United St 47
67 ZARA > United States 46
68 Build-A-Bear Workshop > United States 46
69 Spirit Halloween > United States 46
70 American Eagle Outfitters - Global > United 45
71 Target > United States 44
72 Sports Authority > United States 43
73 Gap - Global > United States 42
74 Levi's - Global > United States 40
75 Topshop - Global > United States 38
76 Urban Outfitters > United States 38
77 Coach - Global > United States 35
78 AutoZone > United States 33
79 GUESS > United States 23
80 7-Eleven 19

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