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The Social Media Analytics Funnel/How I Met My Customer

Date post: 12-May-2015
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Explores the concepts to the analytic behind developing a conversion funnel for social media marketing. Two different types of conversion funnels are explored as well as specific stages in the conversion process that must be captured to ensure that Social Marketing effort can properly calcluate, measure and assign ROI value. By exploring the customer experience, and recording specific stages of the social engagement only then can ROI be calculated and measured.
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@aknecht The Social Media Funnel or How I Met My Customer Presented by: Alan K’necht
Transcript
Page 1: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

The Social Media Funnel

orHow I Met My Customer

Presented by: Alan K’necht

Page 2: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

Social Marketing = A Fire

Page 3: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

HOW DID YOU GET THEM TO THE FIRE?

Page 4: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

The Two Funnels

Page 5: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

Funnel 1: The Quick Score

Page 6: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

Quick Score No Longer Term

Happiness

Page 7: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

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

Page 8: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

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

Page 9: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

Funnel 2: The Long Term

Relationship

Page 10: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

The Cocktail Party

Page 11: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

The Building of Trust

Page 12: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

The First Date

Page 13: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

Taking It to The Next Level

Page 14: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

The Loyal Customer

Page 15: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

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

Page 16: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

Reality Check

• Sometimes– Funnel 2 can go from– Cocktail Party to Long Term

Relationship in 1 or 2 steps

• Be prepared to measure it

Page 17: The Social Media Analytics Funnel/How I Met My Customer

@aknecht

Thank You

Alan K’[email protected]

@aknecht

Just type my name into Google


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