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Jay Goldman - Measuring your Social Media Success

Date post: 15-Jun-2015
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This session will focus on defining and measuring success for social media campaigns. Join us for an exploration of the various common Key Performance Indicators (KPIs) and the best practice methods for measuring them. Make sure to bring your campaign ideas and challenges as we'll be analyzing some of your examples!Takeaways:- Real metrics for success (hint: it's not about the followers!)- Practical and cost effective ways to measure them- A good understanding of how to use the data to improve
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Measuring Your Social Media Success
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Page 1: Jay Goldman - Measuring your Social Media Success

Measuring Your Social Media Success

Page 2: Jay Goldman - Measuring your Social Media Success

http://bit.ly/klickpharma

http://klickpharma.com

http://bit.ly/klickpharma A Note on Links

Page 3: Jay Goldman - Measuring your Social Media Success

What is Social Media?

Page 4: Jay Goldman - Measuring your Social Media Success

“Social media is information content created by people using highly accessible

and scalable publishing technologies. At its most basic sense, social media is a shift in

how people discover, read and share news, information and content.”

What is social media?

Page 5: Jay Goldman - Measuring your Social Media Success

All Media will be Social.

In the future…

Page 6: Jay Goldman - Measuring your Social Media Success

Sharing.

Social =

Page 7: Jay Goldman - Measuring your Social Media Success

http://bit.ly/klick-conversation Conversation Prism

Page 8: Jay Goldman - Measuring your Social Media Success

Why use social media?

Page 9: Jay Goldman - Measuring your Social Media Success

Awareness Membership Fundraising

The ‘charity’ perspective

Page 10: Jay Goldman - Measuring your Social Media Success

Acquisition

Engagement

Retention

Conversion funnel

Page 11: Jay Goldman - Measuring your Social Media Success

Endorse

Conversion Funnel

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http://amzn.to/klick-cluetrain The Cluetrain Manifesto

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95 Thesis

Markets are conversations Hyperlinks subvert hierarchy

Connection between markets & orgs Orgs entering marketplace Marketing & org response

Intranets and impact on control/structure Connecting marketplace and intranets

New market expectations

The Cluetrain Manifesto

Page 14: Jay Goldman - Measuring your Social Media Success

Who uses social media?

Page 15: Jay Goldman - Measuring your Social Media Success

http://amzn.to/klick-groundswell Groundswell

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Creators

Critics

Collectors

Joiners

Speculators

Inactives

Publish blogs, upload videos and photos, etc.

Post ratings, reviews, and comments, use forums

Use RSS feeds, add tags, vote

Maintain profiles, visit social nets

Read blogs, watch, view

None of the above

http://slidesha.re/klick-technographics

18%

29%

17%

57%

64%

21%

Social Technographics

Page 17: Jay Goldman - Measuring your Social Media Success

Strategy vs. Tactic

Vision > Mission > Strategy > Tactics

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http://slidesha.re/klick-50 • http://slidesha.re/klick-50more Beth Kanter

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Measuring Social Media

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Define your KPIs

• What are you measured on?

• What do you consider to be success?

• How do you translate between them?

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Conversation & Engagement

It’s all about…

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Practical KPIs: Engagement & Volume

• Like

• Facebook Like, Twitter Followers, Email subscriptions, bookmarks, marking favourites, etc.

• Interact

• Register (new/total/active), print page, key page activities (custom tracking), star/number ratings, wishlist, downloads, report posts, tagging, typical GA metrics

• Share

• Send to friend (invite, refer, etc.), social share, install widget

• Create

• Comments, posts, UGC, profile, uploads, etc.

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Practical KPIs: Engagement & Volume

Reach x Frequency Time Spent

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Practical KPIs: Conversation

• Who is talking about us?

• What are they saying?

• When are they doing it?

• Where are they doing it?

• How are we engaging?

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Practical KPIs: Conversation

Sentiment & Ecosystem Size

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Practical KPIs: Conversion

• Conversion between steps

• Total conversion

• Customer Acquisition Cost

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Measurement Challenges

• Translating their stats to your KPIs

• Measuring across the funnel

• Measuring engagement vs. followers

• Drowning in data (a.k.a. what to track and when)

• Crossing the physical digital divide

Page 28: Jay Goldman - Measuring your Social Media Success

Measurement: Twitter

• Tag all inbound links before you shorten

• utm_source

• utm_medium

• utm_campaign

• utm_content

• Use a URL shortener with analytics

• Klout and listening to find key influencers

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Measurement: Facebook

• Facebook Insights

• Facebook Ads (if you can)

• Tag inbound links if possible

• Google Analytics on custom tabs

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Measurement: Your Site

• Google Analytics

• Custom tagging (trackPageview)

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Keep it Personal

It’s about more than lies, damned lies, and statistics.

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Your Challenges

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THANK YOU @jaygoldman • facebook.com/jaygoldman • [email protected]


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