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You’ve Created a Social Media Campaign — Now What?

    Measuring the success of social media
Who is Really Using Social Media?
   As of February 2012, 66% of online adults use social networking sites.
        83% of people between the ages of 18-29 use social media
        70% of people between the ages of 30-49
        51% of people between the ages of 50-64
        33% of people 65+

   95% of all teens ages 12-17 are now online and 80% of those online teens are users of
    social media sites

   Household income of adults using social media:
        Less than $30,000 – 71%
        $30,000 - $49,999 – 69%
        $50,000 - $74,999 – 60%
        $75,000+ – 69%

   43% of all adult internet users were on a social media site yesterday
Marketing Charts Survey Results
   100% of the US respondents reported using a form of social media- 95% used
    Facebook and 62% used Twitter

   78% of the US respondents reported that posts businesses they follow on social
    media have had a moderate to highly influential effect on their purchase decisions

   81% said that their friends’ posts influence their decisions

   60% of the US respondents gather information or opinions about businesses from
    friends posts on social media sites

   76% of US respondents regularly like the Facebook page of businesses
      79% do so to take advantage of discounts and other incentives
      70% followed by seeing details on sales and events
      Of the 76% that regularly like Facebook pages, 46% indicated that they also followed those
       businesses on Twitter
Brand Focused vs Social Media Focused


 Brand Focused                      VS   Social Media Focused

 Brands telling their story              Joining a conversation

 Carefully defined and controlled        Consumers defining your brand

 Being perfect                           Being genuine
Brand Focused vs Social Media Focused



 “Yes, it generated 2 MM impressions,
 400 leads and 50 sales, but it has the
    wrong color blue in the logo.”
The Preacher vs The Cab Driver
Implementing Social
 Media Campaigns
   Successfully
Clear Goals
 Can’t measure “more buzz”

 Define measurable metrics – 16 media placements, 40 relevant links,
  increase sales 12%

 Take baseline metrics before campaign starts
    SEO metrics, Social Media metrics

 Break metrics down into quantifiable goals
    Mentions in blogs, social networks, links to the site…

 You can quantify metrics
Determine the Hook
 Set goals before determining the “hook”

 Questionnaire to determine need – What gets the participants excited

 Examples: Free sample, white paper, video, online
  calculator/application, stunt
Determine Distribution Plan
 Earn your way into distribution

 Avoid word “Free”

 Look for specialized networks or “celebrity” bloggers that don’t often
  get pitched

 Rate the value of each participant and determine the pitch
Approaches to
Measuring ROI for
  Social Media
  Campaigns
The David Meerman Scott Approach

 What is the ROI of putting your pants on?
The Analytical Approach
The “We Know It Works”
The Webbed Marketing Scorecard
The Webbed Marketing Scorecard
 Tracks “micro goals” that funnel into strategic goals

 In bound links, blog mentions, presence on social networks, traffic
  numbers, web mentions and other measurable metrics funnel into
  strategic goals

 Provide real evidence of measurable improvement

 Provide direction on where to focus efforts
Spiderfly
 Marketing Communications & Customer Service: How do I identify
  individual influencers and also aggregate volume, demographics,
  tonality and velocity of social media?
 Internet Marketing Team: How do I diagnose key social media and
  search metrics for my website and my competitors’ sites?
 Public Relations: What is my real time blogger buzz, and how does
  that benchmark against my historical performance and competitors?
 CEO: Just give me one number!
Spiderfly
Spiderfly
Diagnostics
Just Give Me A Number
An ROI Calculator


Metric              Value    Spend     Social Media Results Total Value   ROI


Impressions (CPM)   $12                              100000 $ 1,200




Leads               $ 400                                40 $ 16,000


Sales               $3,000                                 7 $ 21,000


Total                        $10,000                        $    38,200         282%
Case Study
Tawlk.com
Summary
 Focus on the goal first

 Define the end consumer, think beyond the buyer

 Determine a compelling message

 Don’t pre-determine channel and creative

 Measure, measure, measure
Be The Cab Driver!
Take Aways
 Listening is more important than talking
 Don’t think about numbers for the sake of numbers, correlate
  numbers to business objectives
 Influence the influencers
 Join the conversation; remember it’s a dialogue, not a monologue!
Bill Balderaz
      Fathom Columbus
bbalderaz@fathomdelivers.com
   www.fathomdelivers.com
         @bbalderaz

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ROI of Social Media

  • 1. You’ve Created a Social Media Campaign — Now What? Measuring the success of social media
  • 2. Who is Really Using Social Media?  As of February 2012, 66% of online adults use social networking sites.  83% of people between the ages of 18-29 use social media  70% of people between the ages of 30-49  51% of people between the ages of 50-64  33% of people 65+  95% of all teens ages 12-17 are now online and 80% of those online teens are users of social media sites  Household income of adults using social media:  Less than $30,000 – 71%  $30,000 - $49,999 – 69%  $50,000 - $74,999 – 60%  $75,000+ – 69%  43% of all adult internet users were on a social media site yesterday
  • 3. Marketing Charts Survey Results  100% of the US respondents reported using a form of social media- 95% used Facebook and 62% used Twitter  78% of the US respondents reported that posts businesses they follow on social media have had a moderate to highly influential effect on their purchase decisions  81% said that their friends’ posts influence their decisions  60% of the US respondents gather information or opinions about businesses from friends posts on social media sites  76% of US respondents regularly like the Facebook page of businesses  79% do so to take advantage of discounts and other incentives  70% followed by seeing details on sales and events  Of the 76% that regularly like Facebook pages, 46% indicated that they also followed those businesses on Twitter
  • 4.
  • 5. Brand Focused vs Social Media Focused Brand Focused VS Social Media Focused Brands telling their story Joining a conversation Carefully defined and controlled Consumers defining your brand Being perfect Being genuine
  • 6. Brand Focused vs Social Media Focused “Yes, it generated 2 MM impressions, 400 leads and 50 sales, but it has the wrong color blue in the logo.”
  • 7. The Preacher vs The Cab Driver
  • 8. Implementing Social Media Campaigns Successfully
  • 9. Clear Goals  Can’t measure “more buzz”  Define measurable metrics – 16 media placements, 40 relevant links, increase sales 12%  Take baseline metrics before campaign starts  SEO metrics, Social Media metrics  Break metrics down into quantifiable goals  Mentions in blogs, social networks, links to the site…  You can quantify metrics
  • 10. Determine the Hook  Set goals before determining the “hook”  Questionnaire to determine need – What gets the participants excited  Examples: Free sample, white paper, video, online calculator/application, stunt
  • 11. Determine Distribution Plan  Earn your way into distribution  Avoid word “Free”  Look for specialized networks or “celebrity” bloggers that don’t often get pitched  Rate the value of each participant and determine the pitch
  • 12. Approaches to Measuring ROI for Social Media Campaigns
  • 13. The David Meerman Scott Approach  What is the ROI of putting your pants on?
  • 15. The “We Know It Works”
  • 16. The Webbed Marketing Scorecard
  • 17. The Webbed Marketing Scorecard  Tracks “micro goals” that funnel into strategic goals  In bound links, blog mentions, presence on social networks, traffic numbers, web mentions and other measurable metrics funnel into strategic goals  Provide real evidence of measurable improvement  Provide direction on where to focus efforts
  • 18. Spiderfly  Marketing Communications & Customer Service: How do I identify individual influencers and also aggregate volume, demographics, tonality and velocity of social media?  Internet Marketing Team: How do I diagnose key social media and search metrics for my website and my competitors’ sites?  Public Relations: What is my real time blogger buzz, and how does that benchmark against my historical performance and competitors?  CEO: Just give me one number!
  • 22. Just Give Me A Number
  • 23. An ROI Calculator Metric Value Spend Social Media Results Total Value ROI Impressions (CPM) $12 100000 $ 1,200 Leads $ 400 40 $ 16,000 Sales $3,000 7 $ 21,000 Total $10,000 $ 38,200 282%
  • 26. Summary  Focus on the goal first  Define the end consumer, think beyond the buyer  Determine a compelling message  Don’t pre-determine channel and creative  Measure, measure, measure
  • 27. Be The Cab Driver!
  • 28. Take Aways  Listening is more important than talking  Don’t think about numbers for the sake of numbers, correlate numbers to business objectives  Influence the influencers  Join the conversation; remember it’s a dialogue, not a monologue!
  • 29. Bill Balderaz Fathom Columbus bbalderaz@fathomdelivers.com www.fathomdelivers.com @bbalderaz