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Social Media
Doesn’t Sell Tickets
 2012 Ticketing Professionals Conference
          Melbourne, Australia




               #TixProf
@threespot   www.24UsableHours.com @devonvsmith
social	
  media	
  isn’t	
  adver0sing
social	
  media	
  
   isn’t	
  the	
  
     home	
  
  shopping	
  
  network	
  
social	
  
   media	
  
      isn’t	
  
a	
  coupon
so	
  what	
  is	
  social	
  media?
why	
  does	
  Virgin	
  Australia	
  like	
  social	
  media?
why	
  does	
  Coca	
  Cola	
  like	
  social	
  media?
why	
  does	
  
   network	
  
television	
  like	
  
social	
  media?
why	
  does	
  Starbucks	
  like	
  social	
  media?




                                                       10
so	
  what	
  about	
  the	
  arts?
We	
  have	
  crea0ve	
  content
We’ve	
  built	
  personal	
  rela0onships
We	
  are	
  natural	
  storytellers
Great!
           	
  
So	
  we’re	
  done	
  
 here,	
  right?
Everything	
  will	
  be	
  interac0ve
Everything will be just a click (touch) away
Everyone	
  
  will	
  be	
  a	
  
  content	
  
 creator
There	
  are	
  no	
  rules	
  in	
  social	
  media
But	
  you	
  should	
  be	
  providing	
  

     unique	
  value	
  
                                       to	
  a	
  

unique	
  audience	
  
                   on	
  each	
  plaDorm
Ok,	
  fine...but	
  we	
  really	
  need	
  to	
  sell	
  0ckets
Then	
  let’s	
  talk	
  ROI
What	
  do	
  we	
  measure?
Why	
  do	
  we	
  
measure?


 1. Motivate
 2. Learn
 3. Decide
When	
  you	
  see	
  this




 Do	
  you	
  stop	
  in	
  your	
  
tracks	
  to	
  buy	
  a	
  0cket?
what	
  drives	
  traffic	
  to	
  your	
  website?
Do	
  you	
  measure	
  the	
  ROI	
  of...
                                                             docents
                                                             greeting
                      staying open for 1                       your               post show
                        additional hour!                     visitors!            discussions!
   co-productions                             newspaper
   (including staff                           advertising!      posters displayed
        time)!                                                     in different
                               in-kind
                                                                 neighborhoods!
                            sponsorships!
number of staff
 at your box                                                             press release!
     office!           concessions or
                      merchandise by
                                                                            email (by word
                          item!                                                count)!
                                        subscription
        annual gala                    campaigns (by         a customer’s
                                                             lifetime value!          benefits offered
      (including staff                     hour)!
                                                                                       to your staff!
           time)!
• Increase	
  demand	
  (people	
  or	
  frequency)
• Increase	
  loyalty
• Increase	
  willingness	
  to	
  pay
• Move	
  along	
  purchasing	
  funnel
• Decrease	
  acquisi0on	
  or	
  maintenance	
  costs




           What’s	
  your	
  sales	
  goal?
Customer	
  Life9me	
  Value

Customer 1                                     Customer 2
Spends $200 per year                            Spends $100 per year
Acquisition cost: $50                            Acquisition cost: $25
Maintenance costs: $15/yr                   Maintenance costs: $50/yr
Loyalty: 5 years                                       Loyalty: 3 years


 CLV: $890                                        CLV: $175




 Social Media Fan
Why	
  is	
  social	
  media	
  valuable?

If	
  your	
  social	
  media	
  fans	
  will
•Recommend	
  you	
  to	
  their	
  friends
•Like	
  your	
  brand	
  more
•Be	
  more	
  influenced	
  by	
  (cheap!)	
  social	
  media	
  than	
  
 tradi=onal	
  media
•Spend	
  more
•Stay	
  with	
  you	
  longer




        PS:	
  these	
  are	
  all	
  goals	
  you	
  can	
  measure
what	
  you	
  measure	
  ma/ers
     But	
  there’s	
  no	
  secret	
  formula

           h/p://bit.ly/100ways

    think	
  about	
  micro	
  conversions

li/le	
  steps	
  along	
  a	
  path	
  to	
  a	
  big	
  goal
Measurement	
  Strategy
1.Address	
  a	
  real	
  problem
2.Have	
  a	
  meaningful	
  goal
3.Test	
  several	
  op=ons
4.Track	
  what	
  you	
  do,	
  and	
  what	
  the	
  results	
  are
5.Simplify	
  your	
  metrics	
  to	
  a	
  single	
  dashboard




                                                                    32
the	
  
MYTH	
  
 of	
  the	
  
 perfect	
  
measurement	
  
    tool


                  33
What	
  are	
  you	
  looking	
  for	
  in	
  Facebook	
  Insights?
How	
  can	
  you	
  measure	
  TwiLer?
                                          Look for outliers




Look for spikes                              Look for influencers




                           Look for engagement
How	
  to	
  measure	
  a	
  TwiLer	
  campaign?




raw data      people                timing           content
coming	
  soon	
  from	
  TwiLer.com?	
  
Gives you some
     measure of
    impressions
                  How similar are
                  these
                  demographics to
                  your audience?
What	
  to	
  measure	
  in	
  
YouTube	
  AnalyNcs
How	
  to	
  measure	
  Tumblr
10	
  Tips	
  for	
  Social	
  Media
In the beginning, focus on just 1 network



Facebook, 950
                YouTube, 880




                               Twitter, 400




                                              Tumblr, 120
                                                            Google+, 100
                                                                           LinkedIn, 90

                                                                                 Instagram, 15
                                                                                     Pinterest, 10
Build	
  rela0onships,	
  not	
  one	
  night	
  stands



                                                          43
Ask	
  ques0ons
Post	
  signage
But	
  Make	
  It	
  
    Easy
Follow	
  the	
  eyeballs
Get	
  to	
  know	
  the	
  science	
  behind	
  social	
  algorithms
Post	
  as	
  oWen	
  as	
  your	
  audience	
  reads




                  Facebook                                      TwiLer

!"#$%&'($)&*%+,-%.)+($/0&,1$!"22$
On	
  YouTube,	
  frequency	
  competes	
  with	
  quality




!"#$%&'($)&*%+,-%.)+($/0&,1$!"22$
Don’t	
  duplicate	
  content	
  across	
  channels




!"#$%&'($)&*%+,-%.)+($/0&,1$!"22$
Spend	
  your	
  0me	
  wisely

Let’s	
  assume	
  you	
  have	
  a	
  Facebook	
  Page	
  updated	
  daily	
  &	
  YouTube	
  channel	
  updated	
  monthly
                                                                                       Learn	
  
                                         Post	
  &	
  
                Listen                                        Measure                  about	
              Create                 Report                   Total
                                         Respond
                                                                                       social

                                         20	
  min.	
  	
  
                10	
  min.	
              post	
  FB	
  
                scan	
  Google	
          update,	
  
    Daily                                                                                                                                                   30	
  min.
                alerts	
  &	
  social	
   respond	
  to	
  
                menNon                    public	
  
                                          menNons


                                                              30	
  min.	
  	
  	
     30	
  min.
                                                              Pick	
  3	
  metrics,	
   Scan	
  your	
  
  Weekly                                                      save	
  them	
  in	
   Google	
  Reader	
  
                                                                                                                                                            3.5	
  hrs.
                                                              excel	
  doc              feed


                                                                                                                                   3	
  hrs.
                                                                                                            10	
  hrs.           Summarize	
  
 Monthly                                                                                                    Edit	
  YouTube	
   findings,	
                  27	
  hrs.
                                                                                                            video	
  &	
  upload decide	
  what	
  to	
  
                                                                                                                                 change,	
  report
My	
  most	
  important	
  secret




                                    53
Listen	
  more	
  than	
  you	
  Talk
1	
  Minute	
  Case	
  Studies
Tweet Seats
User	
  Generated	
  Content




                               57
Empower	
  Your	
  Audience




                              58
Social	
  Media	
  
     as	
  
Social	
  Proof



                      59
Social	
  Proof
Social	
  Sharing	
  Bu_ons




                              61
Social	
  Commerce
Open	
  Graph	
  Facebook	
  Apps
Social	
  Buying




                   64
Social	
  Media	
  Fundraising




                                 65
Social	
  Broadcas0ng




                        66
Social	
  Recommenda0ons
Social	
  Recommenda0ons	
  via	
  Collaborators




                      +
Social	
  Add	
  Ons	
  to	
  the	
  Ticke0ng	
  Experience
Social	
  
Rela0onship	
  
Management
Social	
  Adver9sing




                       71
Social	
  Media
     as	
  a	
  
listening	
  tool




                    72
Social	
  Media	
  as	
  Performance	
  Art




                                              73
The	
  Power	
  of	
  Social	
  Data




                                       74
Ques0ons?




@threespot   www.24UsableHours.com @devonvsmith
Appendix:	
  More	
  Digital	
  Case	
  Studies
Arts	
  Start	
  Ups	
  Inspired	
  by	
  Social	
  Media




                                                            77
Rethinking	
  the	
  Ticket
Post-­‐purchase	
  
 social	
  sharing	
  is	
  
more	
  effecNve	
  
          than	
  
pre-­‐purchase	
  
       sharing
Empower	
  Guest	
  Ar9sts




                             80
Websites	
  as	
  Content




                            81
Art	
  as	
  iPad	
  app

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