SlideShare una empresa de Scribd logo
1 de 20
 @Room_214 /Room214  /Room214
What’s The Deal With Social Media ROI?
What Is ROI?  ROI may not be the best way to determine social media’s success. You have to start by answering other questions first... What is our overall business objective?  What role does social media have in that objective?  What did our metrics look like before social media?  What can we measure?
Social Media Metrics
Social Media Metrics
Online Brand Conversion
SENTIMENT METRICS AND INDICATORS Online Brand Conversion 1. Sentiment Volume: The number of positive/negative/neutral consumers opinions expressed about a brand, company or product 2. Sentiment Ratio: number of +/- opinions expressed divided by the total number of consumer opinions or similar formula 3. Polarity/Intensity: beyond +/- exp: District 9 was f***ingamazin!versus District 9 was a decent Sat night data flick 4. Qualitative Factors: what do they cit as their reasons? E.G. Comcast is terrible, my internet is crawling 5. Specific Customer Feedback: I wish Netflix had subtitles, Blockbuster is better than Netflix, I wish Netflix would come to Canada Natural Language Processing BEWARE – claim to have 80% accuracy – don’t believe the hype Human Reviewed Limit the number of posts to review and assign each to a category
Online Brand Conversion ADVOCACY Is an act. “The act or process of advocating or supporting a cause or purpose.”  Approaches to Advocacy Measurement The key to measuring advocacy is to: Identify all the different ways people verbalize their advocacy   Isolate advocacy from general positive sentiment Explore who is doing the advocacy and analyze the level of advocacy from that individual for brand/topic vs. other brands/topics Styles of Measurement: Asking people to recall if they would recommend (survey question) Measuring people’s actual recommendations to each other (survey) Measuring people’s actual recommendations to each other (online monitoring) Source: David Rabjohns, MotiveQuest
Online Brand Conversion ADVOCACY METHODOLOGIES The Net Promoter Score (NPS) - defined as the likelihood to recommend, http://www.statmetrix.com The Brand Advocacy Quotient (BAQ) - relates to satisfaction and importance, http://www.nielsen-online.com MotiveQuest Online Promoter Score, (OPS) - correlation between online advocacy and sales, http://www.motivequest.com/brandadvocacy
Online Brand Conversion
Social Media Metrics
Social Media Connections
Social Media Metrics
Social Media Gross Views
Social Media Metrics
Brand and Fan Engagement
Understanding Value
Understanding Value
THANK YOU!

Más contenido relacionado

Más de Trada

From the Pros: Advanced PPC Tools
From the Pros: Advanced PPC ToolsFrom the Pros: Advanced PPC Tools
From the Pros: Advanced PPC ToolsTrada
 
Advanced Pay-Per-Click for eCommerce
Advanced Pay-Per-Click for eCommerce Advanced Pay-Per-Click for eCommerce
Advanced Pay-Per-Click for eCommerce Trada
 
Featuring Google: Quality Score 2013
Featuring Google: Quality Score 2013Featuring Google: Quality Score 2013
Featuring Google: Quality Score 2013Trada
 
[WEBINAR] Big Data Improves Marketing Performance
[WEBINAR] Big Data Improves Marketing Performance[WEBINAR] Big Data Improves Marketing Performance
[WEBINAR] Big Data Improves Marketing PerformanceTrada
 
Trada Case Study-Tradavo
Trada Case Study-TradavoTrada Case Study-Tradavo
Trada Case Study-TradavoTrada
 
Trada Case Study - Guidebook
Trada Case Study - GuidebookTrada Case Study - Guidebook
Trada Case Study - GuidebookTrada
 
Display and Search: Essential Pairing for Maximum Lift
Display and Search: Essential Pairing for Maximum LiftDisplay and Search: Essential Pairing for Maximum Lift
Display and Search: Essential Pairing for Maximum LiftTrada
 
PPC and SEO: How to Invest in Both with SEOMoz and Trada
PPC and SEO: How to Invest in Both with SEOMoz and TradaPPC and SEO: How to Invest in Both with SEOMoz and Trada
PPC and SEO: How to Invest in Both with SEOMoz and TradaTrada
 
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROI
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROIPPC Landing Page Makeover Secrets: Simple Changes Will Increase ROI
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROITrada
 
Trada Webinar - Optimizing Social Ads with PPC
Trada Webinar - Optimizing Social Ads with PPCTrada Webinar - Optimizing Social Ads with PPC
Trada Webinar - Optimizing Social Ads with PPCTrada
 
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! SearchTrada
 
[WEBINAR] Advanced AdWords Tools
[WEBINAR] Advanced AdWords Tools[WEBINAR] Advanced AdWords Tools
[WEBINAR] Advanced AdWords ToolsTrada
 
Crowdsourcing Content and Distributing Across Channels
Crowdsourcing Content and Distributing Across ChannelsCrowdsourcing Content and Distributing Across Channels
Crowdsourcing Content and Distributing Across ChannelsTrada
 
Holiday Prep: The Essential Science of Landing Pages
Holiday Prep: The Essential Science of Landing PagesHoliday Prep: The Essential Science of Landing Pages
Holiday Prep: The Essential Science of Landing PagesTrada
 
Where Does PPC Fit? Integrated Marketing for Smarty-Pantses
Where Does PPC Fit? Integrated Marketing for Smarty-PantsesWhere Does PPC Fit? Integrated Marketing for Smarty-Pantses
Where Does PPC Fit? Integrated Marketing for Smarty-PantsesTrada
 
How to Own Your Sales Funnel
How to Own Your Sales FunnelHow to Own Your Sales Funnel
How to Own Your Sales FunnelTrada
 
Activities & Tools To Make Paid Search Campaigns Successful
Activities & Tools To Make Paid Search Campaigns SuccessfulActivities & Tools To Make Paid Search Campaigns Successful
Activities & Tools To Make Paid Search Campaigns SuccessfulTrada
 
Psychology of a Landing Page
Psychology of a Landing PagePsychology of a Landing Page
Psychology of a Landing PageTrada
 
How to Score with Quality Score
How to Score with Quality ScoreHow to Score with Quality Score
How to Score with Quality ScoreTrada
 
Search Marketing for Software Companies
Search Marketing for Software CompaniesSearch Marketing for Software Companies
Search Marketing for Software CompaniesTrada
 

Más de Trada (20)

From the Pros: Advanced PPC Tools
From the Pros: Advanced PPC ToolsFrom the Pros: Advanced PPC Tools
From the Pros: Advanced PPC Tools
 
Advanced Pay-Per-Click for eCommerce
Advanced Pay-Per-Click for eCommerce Advanced Pay-Per-Click for eCommerce
Advanced Pay-Per-Click for eCommerce
 
Featuring Google: Quality Score 2013
Featuring Google: Quality Score 2013Featuring Google: Quality Score 2013
Featuring Google: Quality Score 2013
 
[WEBINAR] Big Data Improves Marketing Performance
[WEBINAR] Big Data Improves Marketing Performance[WEBINAR] Big Data Improves Marketing Performance
[WEBINAR] Big Data Improves Marketing Performance
 
Trada Case Study-Tradavo
Trada Case Study-TradavoTrada Case Study-Tradavo
Trada Case Study-Tradavo
 
Trada Case Study - Guidebook
Trada Case Study - GuidebookTrada Case Study - Guidebook
Trada Case Study - Guidebook
 
Display and Search: Essential Pairing for Maximum Lift
Display and Search: Essential Pairing for Maximum LiftDisplay and Search: Essential Pairing for Maximum Lift
Display and Search: Essential Pairing for Maximum Lift
 
PPC and SEO: How to Invest in Both with SEOMoz and Trada
PPC and SEO: How to Invest in Both with SEOMoz and TradaPPC and SEO: How to Invest in Both with SEOMoz and Trada
PPC and SEO: How to Invest in Both with SEOMoz and Trada
 
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROI
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROIPPC Landing Page Makeover Secrets: Simple Changes Will Increase ROI
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROI
 
Trada Webinar - Optimizing Social Ads with PPC
Trada Webinar - Optimizing Social Ads with PPCTrada Webinar - Optimizing Social Ads with PPC
Trada Webinar - Optimizing Social Ads with PPC
 
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search
 
[WEBINAR] Advanced AdWords Tools
[WEBINAR] Advanced AdWords Tools[WEBINAR] Advanced AdWords Tools
[WEBINAR] Advanced AdWords Tools
 
Crowdsourcing Content and Distributing Across Channels
Crowdsourcing Content and Distributing Across ChannelsCrowdsourcing Content and Distributing Across Channels
Crowdsourcing Content and Distributing Across Channels
 
Holiday Prep: The Essential Science of Landing Pages
Holiday Prep: The Essential Science of Landing PagesHoliday Prep: The Essential Science of Landing Pages
Holiday Prep: The Essential Science of Landing Pages
 
Where Does PPC Fit? Integrated Marketing for Smarty-Pantses
Where Does PPC Fit? Integrated Marketing for Smarty-PantsesWhere Does PPC Fit? Integrated Marketing for Smarty-Pantses
Where Does PPC Fit? Integrated Marketing for Smarty-Pantses
 
How to Own Your Sales Funnel
How to Own Your Sales FunnelHow to Own Your Sales Funnel
How to Own Your Sales Funnel
 
Activities & Tools To Make Paid Search Campaigns Successful
Activities & Tools To Make Paid Search Campaigns SuccessfulActivities & Tools To Make Paid Search Campaigns Successful
Activities & Tools To Make Paid Search Campaigns Successful
 
Psychology of a Landing Page
Psychology of a Landing PagePsychology of a Landing Page
Psychology of a Landing Page
 
How to Score with Quality Score
How to Score with Quality ScoreHow to Score with Quality Score
How to Score with Quality Score
 
Search Marketing for Software Companies
Search Marketing for Software CompaniesSearch Marketing for Software Companies
Search Marketing for Software Companies
 

Último

Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
John Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfJohn Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfAmzadHosen3
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsP&CO
 

Último (20)

Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
John Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfJohn Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdf
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 

Social Media ROI by James O'Clark [Metrics Marketing Bootcamp]

  • 2.
  • 3. What’s The Deal With Social Media ROI?
  • 4. What Is ROI? ROI may not be the best way to determine social media’s success. You have to start by answering other questions first... What is our overall business objective? What role does social media have in that objective? What did our metrics look like before social media? What can we measure?
  • 8. SENTIMENT METRICS AND INDICATORS Online Brand Conversion 1. Sentiment Volume: The number of positive/negative/neutral consumers opinions expressed about a brand, company or product 2. Sentiment Ratio: number of +/- opinions expressed divided by the total number of consumer opinions or similar formula 3. Polarity/Intensity: beyond +/- exp: District 9 was f***ingamazin!versus District 9 was a decent Sat night data flick 4. Qualitative Factors: what do they cit as their reasons? E.G. Comcast is terrible, my internet is crawling 5. Specific Customer Feedback: I wish Netflix had subtitles, Blockbuster is better than Netflix, I wish Netflix would come to Canada Natural Language Processing BEWARE – claim to have 80% accuracy – don’t believe the hype Human Reviewed Limit the number of posts to review and assign each to a category
  • 9. Online Brand Conversion ADVOCACY Is an act. “The act or process of advocating or supporting a cause or purpose.” Approaches to Advocacy Measurement The key to measuring advocacy is to: Identify all the different ways people verbalize their advocacy Isolate advocacy from general positive sentiment Explore who is doing the advocacy and analyze the level of advocacy from that individual for brand/topic vs. other brands/topics Styles of Measurement: Asking people to recall if they would recommend (survey question) Measuring people’s actual recommendations to each other (survey) Measuring people’s actual recommendations to each other (online monitoring) Source: David Rabjohns, MotiveQuest
  • 10. Online Brand Conversion ADVOCACY METHODOLOGIES The Net Promoter Score (NPS) - defined as the likelihood to recommend, http://www.statmetrix.com The Brand Advocacy Quotient (BAQ) - relates to satisfaction and importance, http://www.nielsen-online.com MotiveQuest Online Promoter Score, (OPS) - correlation between online advocacy and sales, http://www.motivequest.com/brandadvocacy
  • 17. Brand and Fan Engagement