Date post: | 12-May-2015 |
Category: |
Business |
Upload: | alan-knecht |
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The Social Media Funnel
orHow I Met My Customer
Presented by: Alan K’necht
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Social Marketing = A Fire
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HOW DID YOU GET THEM TO THE FIRE?
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The Two Funnels
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Funnel 1: The Quick Score
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Quick Score No Longer Term
Happiness
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One Night Stand Analytics
• Simple tagging of social links• Last click attribution• No long term customer value• Instant gratification• Easy to calculate ROI• No second date
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Love At First Site
• Went for quick score– Got 2nd, 3rd date– Can become a long term relationship
• Need to tag and enter into CRM– Start evaluating lifetime customer
value
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Funnel 2: The Long Term
Relationship
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The Cocktail Party
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The Building of Trust
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The First Date
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Taking It to The Next Level
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The Loyal Customer
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Funnel Attribution
• Each step in the funnel– Has value– Must be given credit towards overall
success– No simple way to track
• Large volume of people across all touch points
– Get a good CRM system
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Reality Check
• Sometimes– Funnel 2 can go from– Cocktail Party to Long Term
Relationship in 1 or 2 steps
• Be prepared to measure it