Date post: | 18-Dec-2014 |
Category: |
Business |
Upload: | business-development-institute |
View: | 234 times |
Download: | 0 times |
Word of Mouth Marketing Association
Proud to Call Our Members
The Shifting Marketing Landscape
Social Engagement— It’s not just a fun side project anymore
In the next 5 years, marketers expect to spend
19.5% of their budgets on social engagement, almost
three times more than the current level!
CMO Survey.com
CMO Survey
A Good WOMM Program is…
Why is it important to get people talking?
Nielson Wire 2012
Other Advertising
Friends and Family
Influencers
Prcouture.com
The New Influencers in the Emerging Spaces
Instagram and Pinterest
Pinterest is the fastest growing
network of 2012 with a growth of
Instagram boasts 100 million users
360i
2012 The Year of Visual Influencers
Social@Ogilvy
What’s the best way to reach YOUR influencers?
Content
The typical American mentions brand names 90 times a week in both online and offline conversations.
Keller Fay Research 2010
Content is not just king—it is social currency.
Hasbro
Deep, Meaningful Content
Unmetric
Baconbarter.com & 360i
C2C Marketing Through Consumer-to-Consumer (C2C) sharing and
awareness, marketers can actually harness the power of opinion.
Forrester Research
Focus on Converged Media
Altimeter
Listening is Good—Participating is Better
How to Handle Negative Content
Smart Car
Smart Car
Measurement beyond…
23
Activity Metrics Outcomes
• ↑ Likes • Number of “Talking About This” • Demographics • Reach
Face
bo
ok
• Number of Followers • Number of Retweets • Reach (available with third-party tool)
• Number of Registrants/members • Dwell time • Views • Sentiment
Twit
ter
Cam
pai
gn
Activity Metrics Alone Don’t Measure Business Results
© COPYRIGHT 2012, COMBLU, LLC. 23
• Tracks awareness • Indicates number of people creating
content related to your brand • Gives insight into general category of
viewers • Measures potential audience
• Tracks individuals receiving message • Indicates when content is shared • Measures potential audience
• Tracks number of participants • Shows general level and area of
interest • Tracks total number of visitors • Approximates participant attitudes
Activity Metrics Outcomes
• ↑ downloads of product information • Number of product pages shared • Number of product reviews shared • Number of inquiries about product on review sites • Number of views product demos/video • Number of views product reviews • Number of participation levels in contests/promotions
Ad
voca
cy KPI: Generate Product or Brand Consideration
KPI: Decrease Cost of Product Support • ↑ Number of creators/critics in support community
– Customers – FTEs
• Number of questions asked in community • Number of questions answered by customers • Number of questions answered by FTEs in community • ↓ cost per question answered • ↓ time to answer • ↓ open questions • ↑ positive ratings of content/answers
KPI: Drive Product Innovation • Number of ideas • Number of idea comments/refinements • High rating of ideas • Number of votes/ideas • Number of creators/critics • Number of actionable ideas
Sup
po
rt
Fee
db
ack
• ↑ brand/product consideration • ↑ NPS
• ↑ customer satisfaction • ↑ positive word-of-mouth • ↑ revenue • ↓ cost of support
• Faster time to market • ↓ cost of innovation • ↑ product success
Converting Activity Metrics into Performance Value
© COPYRIGHT 2012, COMBLU, LLC. 24
Putting It All Together…
• Solving the ROI Riddle • Influencer Handbook • Listening is Good, Participating is
Better • Social Media Disclosure Guide • All Things WOMM Blog
Additional Resources
Thank you!!
@suzannewomma