Talk given at Measurement.ie on 13 Feb 2013. What makes social media so different, so special? Ultimately, I argue, it all shares per view and clicks per share.
2. OR WTF DO YOU WANT ME
TO MEASURE NOW?
(A @MEASUREMENT.IE SPECTACULAR)
3. WHY DO WE DO SOCIAL MEDIA MARKETING?
BLOGGER RELATIONS CUSTOMER SERVICE
COMMUNITY BUILDING CRM
CONSUMER INSIGHT CRISIS MANAGEMENT
CONTENT MARKETING DIRECT SELLING
5. WHY DO WE DO SOCIAL MEDIA MARKETING?
BLOGGER RELATIONS CUSTOMER SERVICE
COMMUNITY BUILDING CRM
CONSUMER INSIGHT CRISIS MANAGEMENT
CONTENT MARKETING DIRECT SELLING
8. LET’S BE CLEAR.
‘ENGAGEMENT’ IS AN
UNWORKABLE AND
MEANINGLESS CONCEPT.
IT MEANS EVERYTHING. AND
ABSOLUTELY NOTHING.
AND AS SUCH IT CANNOT
POSSIBLY CLAIM TO BE ANY
MARTIN WEIGEL, W+K AMSTERDAM KIND OF METRIC.
14. WHAT’S THE CAN ANY MASS-MARKET BRAND EVER SELL ENOUGH
REAL POINT OF TO THEIR FOLLOWERS TO MOVE THE NEEDLE?
~400k FANS?
AREN’T “REAL FANS” LIKELY TO BE BUYING AS MUCH
AS THEY CAN ALREADY ?
ISN’T FACEBOOK A POOR CHANNEL FOR CRM?
15. 2 KEY THINGS ABOUT SOCIAL: HOMOPHILY
WE UNCONSCIOUSLY
SEEK OUT PEOPLE
WHO SHARE OUR
VIEWS AND VALUES
16. 2 KEY THINGS ABOUT SOCIAL: SOCIAL PROOF
AND WE
UNCONSCIOUSLY
COPY OUR FRIENDS
18. IF YOU CAN GET PEOPLE WHO
ARE SIMILAR TO THE PERSON
YOU'RE TRYING TO PERSUADE
TO SPEAK ON YOUR BEHALF, IT'S
A LOT EASIER FOR YOU THAN IF
YOU HAVE TO TRY TO HAMMER
YOUR MESSAGE ONE MORE
ROBERT CIALDINI, ARIZONA STATE TIME INTO A RETICENT MIND.
19. SOCIAL IMPACT ON ADVERTISING
EFFECT OF SOCIAL ENDORSEMENT ON TOP FUNNEL
Ad Exposure Social Ad Exposure
+16%
+10%
+8% +8%
+4%
+2%
RECALL AWARENESS PURCHASE INTENT
Source: Nielsen Brand Lift 2010
20. SO WHAT DO WE WANT FROM OUR FANS?
AUDIENCES RESPOND WELL TO SOCIAL CUES
WE WANT TO TURN OUR FANS INTO ADVOCATES
INCREASE EXPOSURE AND ENDORSEMENT INCREASE E/P* RATIO
Targeting friends-of-fans using a high-quality fan audience Facebook’s editorial algorithms respond positively to brand
improves media efficiencies and campaign effectiveness, content engaged with by fans. The link between fans and
while reaching as large an audience as possible. their friends is nearly always stronger than the link
between a Page and its fans.
* Earned/Paid
21. SO WHAT DO WE WANT FROM OUR FANS?
TURN CUSTOMERS INTO ADVERTISING.
26. SOCIAL CUES INCREASE SALIENCE AND RESPONSE
PROMPTED
SHARING
FOF TARGETING
TARGET FRIENDS OF FANS WITH
SOCIALLY-ENDORSED
ALL OTHER PAID MEDIA CAMPAIGNS AND PROMOTIONS
27. INTEGRATE PAID AND EARNED
USER ENGAGEMENT:
1. INCREASES ORGANIC REACH
2. REDUCES COST OF PROMOTED POST
28. INTEGRATE PAID AND EARNED
FOF TARGETING
1. EXPOSES NEW AUDIENCES TO
CONTENT
2. INCREASES SALIENCE & RESPONSE
29. SOCIAL IMPACT ON ADVERTISING
EFFECT OF SOCIAL ENDORSEMENT ON TOP FUNNEL
Ad Exposure Social Ad Exposure
+16%
+10%
+8% +8%
+4%
+2%
RECALL AWARENESS PURCHASE INTENT
Source: Nielsen Brand Lift 2010
30. SOCIAL IMPACT ON ADVERTISING
EFFECT OF SOCIAL ENDORSEMENT ON TOP FUNNEL
Ad Exposure Social Ad Exposure Social Ad + Organic
+30%
+16%
+13%
+10%
+8% +8% +8%
+4%
+2%
RECALL AWARENESS PURCHASE INTENT
Source: Nielsen Brand Lift 2010
31. SOCIAL CUES INCREASE SALIENCE AND RESPONSE
PROMPTED
SHARING
FOF TARGETING
ALL OTHER PAID MEDIA
32. SOCIAL CUES INCREASE SALIENCE AND RESPONSE
PROMPTED
SHARING
FOF TARGETING
CREATE SHAREABLE CONTENT.
ALL OTHER PAID MEDIA
33. INTEGRATE OWNED & PAID
FROM THIS TO THIS
organic | paid organic
OWNED
FACEBOOK FACEBOOK
SPACES
SMART CONTENT MARKETERS AND RETAILERS ARE viral | paid
MAKING USE OF FACEBOOK’S “OPEN GRAPH” PLATFORM
TO CREATE VIRTUOUS CIRCLES, CAPTURE DATA AND
INCREASE SHARING.
36. SO: THE NEW METRICS FOR SOCIAL?
EARNED/PAID RATIO
EARNED/PAID EFFICIENCIES REDUCED COSTS OF API TARGETING
VIRAL/ORGANIC RATIO
VIRAL/ORGANIC EFFICIENCIES SHARES PER VIEW
CLICKS PER SHARE