2. Big John’s Gym:
Current Snapshot
• Fitness center with 3 locations
• Yellow Pages = $21,000 / year
• Website = $5,000 / year
• Print Campaigns = $65,000 / year
• Community Sponsorships = $0 / year
• Facebook Ads = $ 1000 / year
• Typical ROI = new registration sales and personal
training sessions upsell
Expectation: Facing competition from an established brand
entering the marketplace. Wants to protect their current brand
position as the friendly gym and upsell more personal training
sessions
3. Personal training
Friendly COMMUNITY gym
Establish brand presence Establish brand presence
Re-allocating budget
Personal training Personal training
Friendly COMMUNITY gym Friendly COMMUNITY gym
http://www.slideshare.net/setlinger/altimeter-social-analytics081011final
4. Big John’s Gym
Strategy Metric Organization Technology
Increase baseline
Customer by 25% Conversion rates,
Hub and spoke
Experience RTs, Engagement
Insight: existing program
double traffic to
Marketing web Analytics – google
Hub and spoke
Optimization and get clicky
Insight: current analytics
Development of Twitter #,
Innovation web-based Hollistic employee
resources accounts
Insight: marketing
research, comp. analysis
5. Listening Station
Google analytics
Get clicky
Twitter engagement and # searches
FB insights
Google insights
pinterest
(http://www.chrisbrogan.com/a-simple-presence-framework/)
Lets make this a bit more concrete. Measurement & Analytics can be a bit abstract so lets create a case study that we can use throughout this courseIntroducing Big Bobs Autobody case studyIn business for 19 years3 locations in CalgaryAnnual Sales of $3.4 miliionAverage Customer Value = $840Owner, Controller, 5 in-store managers, 1 GSM / sales & marketing manager, 10 service staff, customer service rep, 3 office managers, Combined Salaries + Benefits = $2.3 millionRent / year = $260,000Marketing per year $100,000 (3% of annual sales)Operating costs = $600,000Net profit = $140,000
Its important to define the outcomes you’re looking for and then find the measurement tools that provide the info you are looking forThe main idea is to have a strategy in place before you start measuring things. - Write out a list of business outcomes that you’d like to have, whether online or offline they need to be real outcomesOnce you have the outcomes in place, identify what it is that tells youre successfully reaching your outcomes. These are your metrics.
While you think about where along the consumer decision journey you’d like to measure, Consider Chris Brogans framework to help you understand the relationships between all of the social tools at your disposal. This is similar to the idea of an ecosystem from the strategy class** hyperlink ** Chris Brogan designed this in a blog post called A Simple Presence Framework (http://www.chrisbrogan.com/a-simple-presence-framework/)First – Set up a Listening Station Second – Create a home baseThird – develop a presence on outposts that draw attention to your home baseFourth – use passports to spread your messageListening station Keep it running all the time. Tune it all the time. Work hard at knowing where people are talking about you, your competitors, those topics that interest you. This is one of the most important parts of the platform. Start a spreadsheet or simple database to note where these conversations are happening, and to record info on who is out there in the space.