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Presentation for PAS – Dec 18, 2012
Babar Bhatti • [email protected]
Leveraging Analytics for Social Media ROI
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About Me
MutualMind is a social media listening, analytics and engagement platform with an exclusive focus on OEM
partners and agency/service providers.
• Focus on Social media analytics and data mining• Background in E-business, Web 2.0, Analytics and Internet Technologies• Co-founded MutualMind in 2009 - Angel-funded startup in Dallas
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Today’s Discussion
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Primer on ROI
• Return on Investment – a financial measure• Why all the confusion? • Key trends in digital marketing are driving the need for
better measurement of ROI (and accountability!)Age of the CustomerPaid, Owned and Earned mediaToo much data and noise, non-standard approaches /
lack of standards, attribution gaps and stand-alone products
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The ROI Infographic
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Framework: ROI Pyramid
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Framework: Balanced Scorecard
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McKinsey Framework
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ROI Measurement
Social can deliver value for a variety of business purposes Marketing Campaigns Brand Awareness and Word of Mouth Competitive Intelligence Customer Intelligence Monitor Reputation (Early Warning System) Product Feedback (Voice of consumer) Market Research Customer Service Sales (Lead Generation)
POST: People, Objective, Strategy, Technology.
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Metrics for Social Marketing
Metrics that Matter Listening
Volume / SourcesShare of VoiceTopicsSentiments
Reach and InfluenceAudience segmentationReach / impressions
EngagementReactions – Likes, shares Content marketing
Sales Impact
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Shopper Marketing
Touch Point Monitor Social CRM Amplify Lead
Consider
Evaluate
Buy
Experience
Advocate
Bond
Digital and In-store Social Intelligence for Brands & Retailers
Shop
per L
ifecy
cle
Inte
llige
nce Insights
• SOV• Sentiments• Trends
Interactions• Responses• Engagement• Customer Service
Word-of-Mouth• Authentic Reach • Authentic Influence• Resonance
Change in:• Brand awareness and
sentiment• Consumer behavior• Business outcome
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Insights Dashboard
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Sentiments & Reach
Sentiments and Brand Reach
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Competitive Intelligence
MONITORING RESULTS FOR BRAND VS COMPETITION
FACEBOOK PERFORMANCE COMPARISON
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ROI Calculator Example
Configurable, self-service online calculator
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ROI Calculator Example
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Additional Resources
• A list of key resources is included on the next slide
• For additional case studies, resources and questions, please connect with me: [email protected] @thebabar www.linkedin.com/in/bbhatti
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Selected References
1. McKinsey & Company – Demystifying Social Media - 20122. IBM Social Analytics – The Science Behind Social Media Marketing -
20103. Altimeter Group – Social Media ROI Cookbook - 20124. Forrester Research – The ROI of Social Media Marketing - 20105. Forrester 2012 – The ROI of Social Marketing6. Sloan Management Review – Increasing the ROI of Social Media
Marketing – Fall 20127. Sloan Management Review – Can You Measure the ROI of Your Social
Media Marketing? – Fall 20108. IBM Institute for Business Value Executive Report: Analytics, the New
Path to Value – October 20109. MutualMind Blog (White paper, Infographic)10. John Lovett - Social Media Metrics Secrets - John Wiley and Sons -
201211. Olivier Blanchard – Social Media ROI – John Wiley and Sons - 2011