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Social Media ROI vs ROI Sudarshan Banerjee MediaPulse 2008
IS AN UMBRELLA TERM THAT DEFINES THE VARIOUS ACTIVITIES THAT INTEGRATE TECHNOLOGY, SOCIAL INTERACTION, AND THE CONSTRUCTION OF WORDS, PICTURES, VIDEOS AND AUDIO. http://www.wikipedia.org
DUH!
Like most things, had a modest beginning before being ‘tipped’
The Rate of Interest is unmistakeable, right?
A question that’s on everyone’s mind in Social Media
Before we get to ROI… I have another question. Can you afford to ignore it
Some fairly important Marketing campaigns have used it extensively
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What could possibly happen  if you don’t
 
 
If you are a brand, let’s also consider that
Can’t really blame them
WHILE  ONLY OF PEOPLE TRUST ADVERTISEMENTS OF PEOPLE TRUST  THE RECOMMENDATIONS OF OTHER CONSUMERS     NIELSEN “TRUST IN ADVERTISING” REPORT, OCTOBER 2007
 
To earn it back – Do consider Social Media
All this is fine What about  the ROI
Social Media - is more like a billboard… - Often Necessary - Not immediately measurable
What’s your social media brief What are we doing? Define the scope of the project. Is it part of a promotion? Part of a campaign? What are we being asked to create? Why are we doing it? Is this a stand along effort, or part of an overall communications strategy that includes traditional advertising? Who is the target market? Define the person. Give as much background on the bulls-eye candidate. What media do they currently consume? Supply a general list of media they consume, i.e. instant messaging, texting, TV, radio, podcasts, blogs, social networks, etc. What is the objective? What do we want the target to do? At the end of this project, what is the definition of success? How will we measure the target’s actions? Define the goals in terms of results. When and how will it end?  Social media campaigns might have to stop. How will you stop it?
You can measure ROI, if you know what you want… ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
 
 
 
 
 
 
Hold out your hand and your customers will reciprocate
 
 
IN MIN D S E T
 
6  tips  for
Think beyond products
Open your doors to your customers
Join the conversation
Share things with them
Make mistakes; Admit them
Respond ! Respond ! Respond !
 

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What Is Roi For Social Media

  • 1. Social Media ROI vs ROI Sudarshan Banerjee MediaPulse 2008
  • 2. IS AN UMBRELLA TERM THAT DEFINES THE VARIOUS ACTIVITIES THAT INTEGRATE TECHNOLOGY, SOCIAL INTERACTION, AND THE CONSTRUCTION OF WORDS, PICTURES, VIDEOS AND AUDIO. http://www.wikipedia.org
  • 4. Like most things, had a modest beginning before being ‘tipped’
  • 5. The Rate of Interest is unmistakeable, right?
  • 6. A question that’s on everyone’s mind in Social Media
  • 7. Before we get to ROI… I have another question. Can you afford to ignore it
  • 8. Some fairly important Marketing campaigns have used it extensively
  • 9.
  • 10. What could possibly happen if you don’t
  • 11.  
  • 12.  
  • 13. If you are a brand, let’s also consider that
  • 15. WHILE ONLY OF PEOPLE TRUST ADVERTISEMENTS OF PEOPLE TRUST THE RECOMMENDATIONS OF OTHER CONSUMERS NIELSEN “TRUST IN ADVERTISING” REPORT, OCTOBER 2007
  • 16.  
  • 17. To earn it back – Do consider Social Media
  • 18. All this is fine What about the ROI
  • 19. Social Media - is more like a billboard… - Often Necessary - Not immediately measurable
  • 20. What’s your social media brief What are we doing? Define the scope of the project. Is it part of a promotion? Part of a campaign? What are we being asked to create? Why are we doing it? Is this a stand along effort, or part of an overall communications strategy that includes traditional advertising? Who is the target market? Define the person. Give as much background on the bulls-eye candidate. What media do they currently consume? Supply a general list of media they consume, i.e. instant messaging, texting, TV, radio, podcasts, blogs, social networks, etc. What is the objective? What do we want the target to do? At the end of this project, what is the definition of success? How will we measure the target’s actions? Define the goals in terms of results. When and how will it end? Social media campaigns might have to stop. How will you stop it?
  • 21.
  • 22.
  • 23.  
  • 24.  
  • 25.  
  • 26.  
  • 27.  
  • 28.  
  • 29.  
  • 30.  
  • 31. Hold out your hand and your customers will reciprocate
  • 32.  
  • 33.  
  • 34. IN MIN D S E T
  • 35.  
  • 36. 6 tips for
  • 38. Open your doors to your customers
  • 42. Respond ! Respond ! Respond !
  • 43.