System and Method for Tracking Merchant Performance Using Social Media

1 . An electronically implemented method for consumer marketing using social media, comprising:

providing a computing system comprising a processor and a data storage component, wherein the data storage component comprises instructions to cause the processor to:

generate an electronic consumer engagement module comprising at least one consumer response component configured to solicit a feedback response from at least one consumer;

electronically display the consumer engagement module to at least one consumer response component on a social media platform; and

receive an electronic consumer response to the consumer response component from the at least one consumer through the social media platform; and

establishing a performance benchmark based at least in part on the feedback response from the at least one consumer.

2 . The method of claim 1 , comprising receiving a plurality of electronic consumer responses and monitoring such responses for one or more topics of interest present therein.

3 . The method of claim 2 , comprising acquiring reference data regarding one or more topics of interest and comparing one or more of the plurality of consumer responses to the reference data.

4 . The method of claim 1 , wherein the consumer engagement module is based on a topic of interest at a merchant location.

5 . The method of claim 4 , wherein the topic of interest is selected from one or more of a product sold at the merchant location, a service provided at the merchant location, or a customer experience at the merchant location.

6 . The method of claim 1 , wherein the consumer engagement module is displayed at a webpage of the merchant location on the social media platform.

7 . The method of claim 6 , wherein the consumer has a previously established social media relationship with the merchant location through the social media platform.

8 . The method of claim 1 , wherein the performance benchmark comprises target response parameters established by the merchant location.

9 . The method of claim 1 , comprising providing an incentive to the consumer for responding to the consumer response component.

10 . An electronically implemented method for receiving consumer feedback using social media, comprising:

identifying at least one consumer feedback topic related to a merchant;

providing a computing system comprising a processor and a data storage component, wherein the data storage component comprises instructions to cause the processor to:

generate an electronic consumer feedback module related to the feedback topic configured to solicit a feedback response from at least one consumer;

transmit over an electronic network the consumer feedback module to the at least one consumer through a social media platform; and

receive, over the electronic network and through the social media platform, the feedback response from the consumer; and

comparing the feedback response to one or more benchmarked parameters related to the feedback topic.

11 . The method of claim 10 , wherein generating a consumer feedback module is performed using a computer software program configured to access the social media platform.

12 . The method of claim 11 , wherein receiving the feedback response is performed by the computer software program, and wherein the computer software program is further configured to electronically upload the feedback response to a merchant database.

13 . The method of claim 10 , wherein the feedback topic is related to employee performance at a merchant location.

14 . The method of claim 13 , wherein the one or more benchmarked parameters are based on a desired employee performance.

15 . The method of claim 14 , wherein an employee at the merchant location is provided an incentive where the consumer feedback response substantially falls within the one or more benchmarked parameters.

16 . The method of claim 10 , comprising providing an incentive to the consumer for responding to the consumer response component.

17 . An electronically implemented method for providing an employee incentive using social media, comprising:

providing a computing system comprising a processor and a data storage component, wherein the data storage component comprises instructions to cause the processor to:

transmit, through a social media platform, an electronic feedback response request to a consumer relating to a topic of interest at a merchant location; and

receive, through the social media platform, a consumer feedback response responsive to the response request;

comparing the feedback response to target response parameters; and

providing an incentive to one or more employees at the merchant location if the consumer feedback response is within the parameters of the target response.

18 . The method of claim 17 , wherein the target response parameters are based on regional performance goals applicable to a plurality of merchant locations within a selected region.

19 . The method of claim 18 , wherein the topic of interest is selected from one or more of a product sold at the merchant location, a service provided at the merchant location, or a customer experience at the merchant location.

20 . The method of claim 17 , wherein the employee incentive includes one or more of a monetary reward or a discount on a product or service sold at the merchant location.

21 . The method of claim 17 comprising providing an incentive to the consumer for responding to the consumer response component.