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The ROI of Social Media March 9, 2011
 
What do you primarily use social media for personal, business, or both?
What social media tools do you use?
How would you rate your knowledge of social media? (one – highest, four – lowest)
Do you think social media is an important trend for your business?
 
Top 10 Most Visited Sites ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
Facebook 3,774,716,112 Twitter 183,876,953
Youtube.com 1,238,702,433 Linkedin.com 56,542,414
55  Minutes a day on Facebook   65M  Access Facebook on Mobile Phones
94%  of people have turned their backs on traditional advertising.
90%  of consumers trust product recommendations from  personal acquaintances
 
 
Marketing has changed more in the last 5 years than in the previous 100 combined
Age of Distraction
 
[object Object],[object Object],[object Object]
SM for Business Use ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
Three stages of the Social Media ROI cycle ,[object Object],[object Object],[object Object],[object Object]
Stage One: Launch Approach: Executional Focus: Long-term Objective: Social Media Presence Results: Negligible
Stage Two: Management Approach: Tactical Focus: Mid-term Objective: Customer engagements Results: Increased traffic
Stage Three: Optimization Approach: Strategic Focus: Long-term Objective: Social Media ROI Results: Revenue growth
 
Barriers to Results ,[object Object],[object Object],[object Object]
Effective Social Media ,[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
12for12 Tweet-a-Thon ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How to define success?
Top Social Media Success Metrics Source: 2009 Business.com, Inc
Engagement Clicked, bought, downloaded, retweeted, liked
Social Media Strategy
Social Media Strategy
How to Measure ROI ,[object Object],[object Object],[object Object]
Source: Beth Kanter, How Much Time Does it Take To Do Social Media?
Listen
 
Social Media ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
80% Strategy 20% Technology
 
 
 
 
Summary ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Summary ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Opportunities Galore ,[object Object],[object Object],[object Object],[object Object],[object Object]
 
Action Items ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
Q & A
When the winds of change blow, some people build walls and others build windmills 

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ROI Of Social Media