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Measuring The Impact Of Social Networking

Date post: 01-Nov-2014
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Could the net promoter score be used to measure the impact of increased use of social networking sites on unit sales?
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www.daemondigital.com © Daemon Group 2008 Measuring social networking
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Page 1: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

Measuring social networking

Page 2: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

So you know that the corporate website

is where good content goes to die.

Page 3: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

and you have your engagement strategy…

© Daemon Group 2008

Page 4: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

and you’re following the seven point plan…

Page 5: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

Page 6: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

Page 7: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

Page 8: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

Page 9: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

Page 10: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

Page 11: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

…but how?

Page 12: Measuring The Impact Of Social Networking

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Social networking drives word of

mouth…

Page 13: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

…word of mouth drives increased

unit sales…

Page 14: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

…is measuring word of mouth a

measure of social networking success?

Page 15: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

80% of CEOs believe their customers love their products…

yet only 8% of their customer’s agree with them.

Page 16: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

Satisfied customers tell their friends about their experiences…

Page 17: Measuring The Impact Of Social Networking

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…but how many people do they tell through a social network?

Page 18: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

Page 19: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

Net Promoter Score

Just ask your customer’s one simple question

Would you recommend the product to a friend or colleague?

Allows your business to track promoters and detractors

Produces a clear measure of the product’s performance

through its consumers' eyes.

All information on NPS sourced from Bain & Co

Page 20: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008

Net promoter score (NPS)

1 2 3 4 5 6 7 8 9 10

Detractors Passives Promoters

Likelihood to recommend

% promoters minus % detractors = net promoter score

Page 21: Measuring The Impact Of Social Networking

www.daemondigital.com© Daemon Group 2008


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