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You Have Fans. Now What?
  Social Media Engagement, Measurement & ROI


                        March 8, 2012
       Jamie Duklas, Director of Social Media, Booyah
     Matt Windt, Interactive Marketing Director, Inspirato
Introduction: Inspirato

• Launched January 1, 2011
• Fastest growing luxury
  destination club
• 127 residences in 41 destinations
• Primary Tactic: Use digital media
  to increase engagement, share of
  voice and lead generation across
  all digital platforms.
• www.Inspirato.com
Introduction: Booyah




                    Social               Mobile
                                       Advertising
                    Media


                                                        Online
                Shopping       Search                  Display
                                                      SEO
                 Engines          Paid
            Email             Marketing
                                 Search


                  Local                              Creative
                   Map              Paid
               Optimization       Shopping
                                 Inclusion           Services
                                  Engines
Overview

• Goals
    Benchmarks
    Determining Goals
• Social Marketing Landscape
    Paid, Earned & Owned
• Engagement
    Posting Strategy
• Measurement / Tracking
    Social Media Software
• ROI
Social Media: It’s Not Magic
Email Marketing is Similar to Facebook Marketing




 Email list size = Facebook fans
 Open rate       = Engaged fans
 Email creative = Profile, Timeline & post images
 Copywriting     = Copywriting
 Email software = Facebook Insights & other SM software
 Send frequency = Posting frequency
 Unsubscribes = Unsubscribes
Start With Goals

•   Traffic Driven
•   Media Exposure
•   Revenue
•   Leads
•   Social Reach
Determine Benchmarks

• 20% maximum of posts should be straight marketing
• 16% of fans see a FB post
• .5 to 1% engagement rate per FB post (smaller pages
  should be higher; top posts get 2 or 3%)
• .3 to 1 retweet for each tweet
Create Goals

I want 350 visits from Facebook to my website each month:

20 posts X (Fans X % Who See Post X % Who Click) = 350

20 posts x (Fans X .16 X .02) = 350 Visits

20 posts x (5,500 Fans X .16 X .02) = 352 Visits
Social Marketing Landscape
                       Social Media Strategy


        Paid Media


        Earned Media

Goals
        Owned Media                            ROI

        Content Syndication
Symbiosis Between Earned & Owned

                 3,454




                 1,832
Engagement Strategy (Post with a Purpose)

• Determine target markets / audience
• Develop content calendar
     Have fun things to say!
• Two main posting goals
     Drive traffic to website
     Create engagement (Improve EdgeRank score)
Know Your Audience


     DEMOGRAPHIC PROFILE: PEOPLE TALKING            DEMOGRAPHIC PROFILE: PAGE FANS
     ABOUT YOUR PAGE
           Male   Female                                    Male    Female
600                                                1,200

500                                                1,000

400                                                 800
                                   263                                               680     778
                                           307
300                        248                      600                      468                     649
200                                                 400
                  109
100                                 218             200            155
                            163             175                               342     368     342
                   121                                                                               240
           3                                                        134
 -         7                                          -      1
                                                            19
         13-17    18-24    25-34   35-44   45-54           13-17   18-24     25-34   35-44   45-54   55+
What Makes A Good Post - Engagement
                    •    Compelling photo
                    •    Timely
                    •    Call to action
                    •    Emotive

                     ENGAGEMENT BY POST TYPE
                          Likes/Post   Comments/Post   Shares/Post
                    50
                    45
                    40                                                11
                    35
                                                                       2
                    30
                    25
                    20
                    15                                   2            32
                                            2
                                            2            1
                    10
                     5                     11            13
                     0       -
                             0
                           Status         Link         Photo         Video
What Makes A Good Post - Clicks

                       • 88 actions
                       • 284 visits to Inspirato
What Makes A Good Post – Time of Day

         • Facebook says 9 to 10 pm is the most engaged time
         • For Inspirato highest engagement occurred:
                           9 am, 6 pm, Thursday on Facebook
                           8 am, Thursday for Twitter
              Engagement by Hour                                                                                                          Engagement by Day
                                                                                                                                                      Tweets Sent          Page Admin Posts
                         Tweets Sent   Page Admin Posts   Response per Tweet   Response per FB Post                                                   Response per Tweet   Response per FB Post




                                                                                                                                                                                              Response to Outbound
                                                                                                                             Outbound Messages
                    60                                                                        25                                                 60                                      15




                                                                                                      Response to Outbound
                    50
Outbound Messages




                                                                                              20                                                 40                                      10
                    40
                                                                                              15
                    30                                                                                                                           20                                      5
                                                                                              10
                    20
                                                                                              5                                                  0                                       0
                    10
                     0                                                                        0
Tracking – Social Media Software
           Monitoring             Engagement           Management   Promotions         Influencer          CRM         Bloggers
Free   Google Alerts          TweetDeck              Postling     Wildfire          Klout
       Social Mention         Hoot Suite                             North Social   PeerIndex
                                                                                    Kred
Paid                          Buddy Media            Buddy Media     Buddy Media    Traackr                      Technorati
       Trackur                Shoutlet               Shoutlet        Shoutlet       Spot Influence               BlogDash
       Meltwater Buzz         Involver               Involver        Involver       mBlast - mPact               BlueGlass
       Scout Labs             Scout Labs             Wildfire        Wildfire       BlogFrog                     BlogFrog
       Sysomos                Sysomos                North Social    North Social
       Radian6                Radian6                                                                Radian6
       Argyle Social          Argyle Social          Argyle Social   Offerpop
       Awareness              Awareness                              Woobox
       Alterian SM2           Alterian SM2                           Extole
       Collective Intellect   Collective Intellect                   Votigo
       Spredfast              Spredfast                                             Spredfast        Spredfast
       Social Chorus          Social Chorus                          Bigprize
       Viral Heat                                                    Fanzilla
       Nielsen Buzzmetrics                                           Virtue
       Sprout Social          Sprout Social                          AddThis
       Visible Technologies Visible Technologies                     Upickem
                                                                     Fanappz
                                                                     Fanbuildr
Tracking – Assisted Sales & Leads

Multi-Channel Attribution: Crediting social for referral traffic
that later converted into a sale or lead
Tracking – Common Paths to a Lead or Sale

It often takes five to seven touch points to convert someone:

                                                • Each visitor is
                                                cookied for a 30 day
                                                window to see their
                                                paths to conversion
                                                • Paths to conversion
                                                go from 1 to 39 visits
                                                • Social is the first visit
                                                (awareness), middle
                                                (top of mind) and final
                                                (converter)
                                                • Social paths interact
                                                with our other
                                                advertising channels
ROI – Social Reach

• Fans = Total Likes
• Engagement = Engaged Users (Real Fans)
• Social Reach = Monthly Posts X Engaged Users
           Inspirato: (14,614 likes) 63 X 1,039 = 65,457 Social Reach
           Competitor: (20,360 likes) 29 X 1,114 = 32,306 Social Reach

         FAN PAGE COMPARISON: TOTAL FANS                        FAN PAGE COMPARISON: TOTAL ENGAGEMENT
90,000                        80,637
80,000                                                                Total Engagement           Engagement as % of Fans
70,000                                           1,200                                                                     128%   150%
60,000                                           1,000
50,000




                                                                       1,114
                                                   800                                                                            100%




                                                                                    1,039
                                             Fan Interactions
40,000                                             600




                                                                                                       744
30,000     20,325                                  400                                                                            50%
                    14,271                                                     5%           7%
20,000                                                                                                       1%




                                                                                                                     219
                                                   200
10,000                                 171           0                                                                            0%
     0
ROI – Media Valuation

•   Equating Social Impressions to their CPM advertising value
•   Facebook: 8,353,828 impressions ($0.60 CPM)
•   Twitter: 222,283 impressions ($1 CPM)
•   Monthly media valuation = $5,234.58
ROI – Dashboard of KPIs


Key Performance Indicator           Total        (Goal)          Percent Goal
Leads                                       20            13.2            151%
Revenue                              $35,000        $12,000               292%
Fans                                  14,081         13,458               105%
Reach                                 84,345         80,000               105%

Media Value of Impressions            $5,235         $4,000               131%

Traffic Driven (to Inspirato.com)      2145               592             199%
Traffic Driven (to Blog)               1309               361             196%
Summary
•   Start with goals
•   Create benchmarks / Key Performance Indicators
•   Plan your message
•   Use data to improve engagement
•   Track everything, report on what matters
•   Social Media ROI is there!
Jamie Duklas | Director of Social Media
303.345.6634 | jduklas@booyahadvertising.com

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Social Media ROI Case Study on Inspirato

  • 1. You Have Fans. Now What? Social Media Engagement, Measurement & ROI March 8, 2012 Jamie Duklas, Director of Social Media, Booyah Matt Windt, Interactive Marketing Director, Inspirato
  • 2. Introduction: Inspirato • Launched January 1, 2011 • Fastest growing luxury destination club • 127 residences in 41 destinations • Primary Tactic: Use digital media to increase engagement, share of voice and lead generation across all digital platforms. • www.Inspirato.com
  • 3. Introduction: Booyah Social Mobile Advertising Media Online Shopping Search Display SEO Engines Paid Email Marketing Search Local Creative Map Paid Optimization Shopping Inclusion Services Engines
  • 4. Overview • Goals Benchmarks Determining Goals • Social Marketing Landscape Paid, Earned & Owned • Engagement Posting Strategy • Measurement / Tracking Social Media Software • ROI
  • 6. Email Marketing is Similar to Facebook Marketing Email list size = Facebook fans Open rate = Engaged fans Email creative = Profile, Timeline & post images Copywriting = Copywriting Email software = Facebook Insights & other SM software Send frequency = Posting frequency Unsubscribes = Unsubscribes
  • 7. Start With Goals • Traffic Driven • Media Exposure • Revenue • Leads • Social Reach
  • 8. Determine Benchmarks • 20% maximum of posts should be straight marketing • 16% of fans see a FB post • .5 to 1% engagement rate per FB post (smaller pages should be higher; top posts get 2 or 3%) • .3 to 1 retweet for each tweet
  • 9. Create Goals I want 350 visits from Facebook to my website each month: 20 posts X (Fans X % Who See Post X % Who Click) = 350 20 posts x (Fans X .16 X .02) = 350 Visits 20 posts x (5,500 Fans X .16 X .02) = 352 Visits
  • 10. Social Marketing Landscape Social Media Strategy Paid Media Earned Media Goals Owned Media ROI Content Syndication
  • 11. Symbiosis Between Earned & Owned 3,454 1,832
  • 12. Engagement Strategy (Post with a Purpose) • Determine target markets / audience • Develop content calendar Have fun things to say! • Two main posting goals Drive traffic to website Create engagement (Improve EdgeRank score)
  • 13. Know Your Audience DEMOGRAPHIC PROFILE: PEOPLE TALKING DEMOGRAPHIC PROFILE: PAGE FANS ABOUT YOUR PAGE Male Female Male Female 600 1,200 500 1,000 400 800 263 680 778 307 300 248 600 468 649 200 400 109 100 218 200 155 163 175 342 368 342 121 240 3 134 - 7 - 1 19 13-17 18-24 25-34 35-44 45-54 13-17 18-24 25-34 35-44 45-54 55+
  • 14. What Makes A Good Post - Engagement • Compelling photo • Timely • Call to action • Emotive ENGAGEMENT BY POST TYPE Likes/Post Comments/Post Shares/Post 50 45 40 11 35 2 30 25 20 15 2 32 2 2 1 10 5 11 13 0 - 0 Status Link Photo Video
  • 15. What Makes A Good Post - Clicks • 88 actions • 284 visits to Inspirato
  • 16. What Makes A Good Post – Time of Day • Facebook says 9 to 10 pm is the most engaged time • For Inspirato highest engagement occurred: 9 am, 6 pm, Thursday on Facebook 8 am, Thursday for Twitter Engagement by Hour Engagement by Day Tweets Sent Page Admin Posts Tweets Sent Page Admin Posts Response per Tweet Response per FB Post Response per Tweet Response per FB Post Response to Outbound Outbound Messages 60 25 60 15 Response to Outbound 50 Outbound Messages 20 40 10 40 15 30 20 5 10 20 5 0 0 10 0 0
  • 17. Tracking – Social Media Software Monitoring Engagement Management Promotions Influencer CRM Bloggers Free Google Alerts TweetDeck Postling Wildfire Klout Social Mention Hoot Suite North Social PeerIndex Kred Paid Buddy Media Buddy Media Buddy Media Traackr Technorati Trackur Shoutlet Shoutlet Shoutlet Spot Influence BlogDash Meltwater Buzz Involver Involver Involver mBlast - mPact BlueGlass Scout Labs Scout Labs Wildfire Wildfire BlogFrog BlogFrog Sysomos Sysomos North Social North Social Radian6 Radian6 Radian6 Argyle Social Argyle Social Argyle Social Offerpop Awareness Awareness Woobox Alterian SM2 Alterian SM2 Extole Collective Intellect Collective Intellect Votigo Spredfast Spredfast Spredfast Spredfast Social Chorus Social Chorus Bigprize Viral Heat Fanzilla Nielsen Buzzmetrics Virtue Sprout Social Sprout Social AddThis Visible Technologies Visible Technologies Upickem Fanappz Fanbuildr
  • 18. Tracking – Assisted Sales & Leads Multi-Channel Attribution: Crediting social for referral traffic that later converted into a sale or lead
  • 19. Tracking – Common Paths to a Lead or Sale It often takes five to seven touch points to convert someone: • Each visitor is cookied for a 30 day window to see their paths to conversion • Paths to conversion go from 1 to 39 visits • Social is the first visit (awareness), middle (top of mind) and final (converter) • Social paths interact with our other advertising channels
  • 20. ROI – Social Reach • Fans = Total Likes • Engagement = Engaged Users (Real Fans) • Social Reach = Monthly Posts X Engaged Users Inspirato: (14,614 likes) 63 X 1,039 = 65,457 Social Reach Competitor: (20,360 likes) 29 X 1,114 = 32,306 Social Reach FAN PAGE COMPARISON: TOTAL FANS FAN PAGE COMPARISON: TOTAL ENGAGEMENT 90,000 80,637 80,000 Total Engagement Engagement as % of Fans 70,000 1,200 128% 150% 60,000 1,000 50,000 1,114 800 100% 1,039 Fan Interactions 40,000 600 744 30,000 20,325 400 50% 14,271 5% 7% 20,000 1% 219 200 10,000 171 0 0% 0
  • 21. ROI – Media Valuation • Equating Social Impressions to their CPM advertising value • Facebook: 8,353,828 impressions ($0.60 CPM) • Twitter: 222,283 impressions ($1 CPM) • Monthly media valuation = $5,234.58
  • 22. ROI – Dashboard of KPIs Key Performance Indicator Total (Goal) Percent Goal Leads 20 13.2 151% Revenue $35,000 $12,000 292% Fans 14,081 13,458 105% Reach 84,345 80,000 105% Media Value of Impressions $5,235 $4,000 131% Traffic Driven (to Inspirato.com) 2145 592 199% Traffic Driven (to Blog) 1309 361 196%
  • 23. Summary • Start with goals • Create benchmarks / Key Performance Indicators • Plan your message • Use data to improve engagement • Track everything, report on what matters • Social Media ROI is there!
  • 24. Jamie Duklas | Director of Social Media 303.345.6634 | jduklas@booyahadvertising.com