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Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

Date post: 28-Oct-2014
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With a continuously evolving and expanding landscape, we often see professionals (or even entire organizations) completely overwhelmed and intimidated by social media. Want to know a secret? The truth is that social media is not drastically different from traditional communication approaches--the tools are just changing. This session breaks down the barrier of social media and focuses your efforts back onto strategy and measurement where they belong. After all, how will you know if your efforts are successful if you never measure anything? For more information on the Loras College 2014 Business Analytics Symposium, the Loras College MBA in Business Analytics or the Loras College Business Analytics Certificate visit www.loras.edu/mba or www.loras.edu/bigdata.
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Measuring Social Engagement Colleen McKenna, New Media Specialist Loras College
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Page 1: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

Measuring Social Engagement

Colleen McKenna, New Media Specialist

Loras College

Page 2: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

AGENDA

I. Who am I?

II. Social Media Confusion

III. Focus on Strategy

IV. Measuring Social Engagement

Page 3: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

WHO AM I?

• BA in PR and English Lit from Loras College• MA in PR and Advertising from DePaul University• Senior Account Executive at Bliss

Integrated Communication• New Media Strategist and Adjunct Prof.

of Communication at Loras College

Page 4: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

SOCIAL MEDIA CONFUSION

Page 5: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

SOCIAL MEDIA CONFUSION

Social is just a trend. It will pass.

We need to be on EVERY social

platform.

We have a presence, but

we’re scared of using it.

Social media is it’s own

discipline, right?

Page 6: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

SOCIAL MEDIA CONFUSION

• Social media is not drastically different from traditional communication—it’s new tools for doing old things; people talking to people.

• “Technologies are facilitators and enablers, not an end unto themselves.”-Courtney Hunt

Page 7: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

FOCUS ON STRATEGY

Page 8: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

FOCUS ON STRATEGY

START HERE

NOT HERE

Business Objective

Strategies

Tactics

Page 9: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

THE CONVERSATION PRISMBrought to you by:Brian Solis & JESS3

Page 10: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

FOCUS ON STRATEGY

Always start with your business objectives. – A social presence is worthless unless you do

something with it.– Without objectives you’re posting just to post.

Page 11: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

FOCUS ON STRATEGY

Always start with your business objectives. – Objectives should be Specific, Measurable,

Attainable, Realistic, Time-bound.– Objectives dictate tactics. Tactics do not dictate your

objectives.

Page 12: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

FOCUS ON STRATEGY

Focusing on business objectives helps your social program by:

– Giving purpose to the program– Providing momentum– Involving your entire organization– Showing what is working, what is not

Page 13: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

FOCUS ON STRATEGY

“Strategy is done ABOVE the shoulders, tactics are done BELOW the shoulders.”

-Jeremiah Owyang

Page 14: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

MEASURING SOCIAL ENGAGEMENT

Page 15: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

MEASURING SOCIAL ENGAGEMENT

While social can help impact several business objectives, initially it may help to narrow your focus:

– Awareness? – Sales? – Retention?

Page 16: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

MEASURING SOCIAL ENGAGEMENT

Regularly measure social success against your business objectives with Key Performance Indicators (KPIs)

– Provides you a baseline to measure fluctuations– There is not a “one size fits all” approach

Page 17: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

MEASURING SOCIAL ENGAGEMENT

Business Objective: Increase awareness of our Four State Flagship Rate by 15% by Q2.

Social KPIs: – # FB comments on Four State posts– # Twitter replies on Four State tweets– Facebook reach– Twitter reach– Sentiment

– Facebook shares– Twitter retweets– Number of Facebook click-throughs– Number of Twitter click-throughs– Etc.

Page 18: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

MEASURING SOCIAL ENGAGEMENT

When you are identifying your KPIs, do not get caught up in the number of followers or the number of posts…

Page 19: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

MEASURING SOCIAL ENGAGEMENT

…”popularity metrics” don’t have much of a bearing on business objectives.

Page 20: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

MEASURING SOCIAL ENGAGEMENT

Conversation Rate Applause Rate Amplification Rate

• Tweet replies• Facebook post

comment• Instagram photo

comment• Pinterest pin comment

• Facebook like• Google+ plus• Twitter favorites• Instagram like

• Twitter retweet• Facebook share• Google+ re-share• Pinterest re-pin

KPIs you should be watching:

Page 21: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

MEASURING SOCIAL ENGAGEMENT

Once you establish your KPIs, you need to figure out how you will measure them.

BUDGET VS. VALUE

Page 22: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

MEASURING SOCIAL ENGAGEMENT

Page 23: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

MEASURING SOCIAL ENGAGEMENT

Your social media strategy and measurement are never cemented.

As your business objectives change and new platforms and tools become available, your plan and measurement must adapt and evolve.

Page 24: Loras College 2014 Business Analytics Symposium | Colleen McKenna: Measuring Social Engagement

Q & A


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