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The Social Media Metrics & Analytics guide

Date post: 20-Jan-2015
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A presentation on social media metrics and analytics; what the key measurement stats are to prove social media is contributing to business goals.
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“Are My Social Media Efforts Effective?” Social Media Marketing Analytics
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Page 1: The Social Media Metrics & Analytics guide

“Are My Social Media Efforts Effective?”

Social Media Marketing Analytics

Page 2: The Social Media Metrics & Analytics guide

What Are My Goals?

What is Engagement and am I Doing it Right?

Am I Getting Quality Website Visitors?

Is My Content Any Good?

Am I Generating Leads & Sales?

Page 3: The Social Media Metrics & Analytics guide

“Show Me Data”

Page 4: The Social Media Metrics & Analytics guide

Let’s Offer Some Insight!

Page 5: The Social Media Metrics & Analytics guide

Agenda

• Twitter Metrics

• Facebook Metrics

• Google Analytics

• Shout Outs: Listening Platforms

Page 6: The Social Media Metrics & Analytics guide

Rules

• Success is Arbitrary; all businesses are different. Begin with benchmarks, then improve them

• Formulas and KPIs are just numbers; taking action to improve business is the goal of any “marketing”

• Track conversions. You’re in this to make money; prove to management social’s contribution

Page 7: The Social Media Metrics & Analytics guide

Gather the Following (Monthly)Number of Followers

Active Followers

Tweets

Mentions

Retweets Received

Retweets Given

@Replies

Tweets Favorited

Number of Clicks from Original Content

Page 8: The Social Media Metrics & Analytics guide

Is My Message Relevant to Followers?

• Active Followers/ Total Followers x 100 = Engaged Follower Rate

– Active Followers: Number of followers who retweeted you or mentioned you in a tweet

40/1000 x 100 = 4%

Page 9: The Social Media Metrics & Analytics guide

Am I Engaging with Followers?

• (Retweets Given + @replies) / Followers x 100 = Conversation Rate(100+ 30)/1000 x 100 = 13%

Page 10: The Social Media Metrics & Analytics guide

Is My Content Relevant?• Retweets Received / Tweets x 100 =

Amplification Rate60 / 1000 x 100 = 6%

Page 11: The Social Media Metrics & Analytics guide

Is My Content Influential?

• (Mentions + Retweets Received + Favorited Posts)/ Tweets = Content Influence Rate (120 + 60 +10)/ 1000 x 100 = 19%

Page 12: The Social Media Metrics & Analytics guide

Did My Original Content Attract Website/Blog Visitors?

• Original Content Post Clicks / Total Original Content Posts = Clicks per Post 463 /2 = 232

Page 13: The Social Media Metrics & Analytics guide

Twitter Metric Dashboards

Page 14: The Social Media Metrics & Analytics guide

Have Fun With Twitilyzer

Page 15: The Social Media Metrics & Analytics guide

Gather the Following (Monthly)Number of Page Fans

Lost Fans

Organic Page Impressions

Viral Page Impressions

Posts

Post Likes, Comments, Shares

Consumptions (Post clicks, link clicks, video clicks, photo clicks)

Page 16: The Social Media Metrics & Analytics guide

Is My Page Growing?

• (New Fans-Lost Fans) / Previous Period New Fans = Fan Growth Rate(100-10)/80 = 12%

Page 17: The Social Media Metrics & Analytics guide

Are My Posts or Page Content Viral?

• PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)/ Organic Reach) x 100 = Virality Rate 4,000 / 190,000 x 100 = 2.10%– Organic reach: The number of unique people, fans

or non-fans, who saw this post in their news feed, ticker or on your Page.

– Viral reach: The number of unique people who saw this post from a story published by a friend.

Page 18: The Social Media Metrics & Analytics guide

Is My Content Being Shared?

• # of Shares/ # of Posts= FB Amplification Rate100 / 60 = 1.66, aka shares per post

Page 19: The Social Media Metrics & Analytics guide

Are My Fans Engaging with my Posts?

• PTAT + Consumptions (Clicks or Views of Links in Posts) / Fans x 100 = Fan Engagement Rate 2,000 + 500 / 7,500 x 100 = 33%

Socialbakers research

Page 20: The Social Media Metrics & Analytics guide

Is My Content Relevant• (Likes + Comments + Shares)/ Fans x 100 =

Post Engagement Rate 1,600 / 7,500 x 100 = 21%

Photo Video Text Link

Page 21: The Social Media Metrics & Analytics guide

Measure and Tag Posts with Page Lever

Page 22: The Social Media Metrics & Analytics guide
Page 23: The Social Media Metrics & Analytics guide

Have Your Conversion Goals Set Up

eCommerce-Purchase Lead Generation- Trials/Content

Page 24: The Social Media Metrics & Analytics guide

Create Advanced Segment

Page 25: The Social Media Metrics & Analytics guide

Is Social Media Generating Conversions?

Page 26: The Social Media Metrics & Analytics guide

Does Social Media Contribute to Other Channel Conversions? (Attribution)

Lead Gen Site

eCommerce Site

Page 27: The Social Media Metrics & Analytics guide

Which Channels Bring More Engaged Traffic to Your Site/Blog?

Page 28: The Social Media Metrics & Analytics guide

How Does Social Media Engagement Metrics Compare to Other Channels?

Page 29: The Social Media Metrics & Analytics guide

What is the Value of a Social Media Transaction?

Page 30: The Social Media Metrics & Analytics guide

What is the Conversion Rate of Social Media Versus Other Channels?

Page 31: The Social Media Metrics & Analytics guide

ROI: eCommerce

• Gather: Platform Costs, Ad Costs, Content Costs, Time Costs*, Consultant Costs*, Revenue generated (Option- add LTV)

• (Revenue-Costs)/Costs = Return on Investment

• * Depending on philosophy, feel free to eliminate these items.

Page 32: The Social Media Metrics & Analytics guide

Lead Gen Sites: Cost Per Conversion

• Gather: Platform Costs, Ad Costs, Content Costs, Time Costs*, Consultant Costs*, Conversions (Last)

• Costs/Conversions = Cost Per Conversion

Page 33: The Social Media Metrics & Analytics guide

Shout Out: Social Snap

Page 34: The Social Media Metrics & Analytics guide

“OK- Let’s Invest More Into Social”

Page 35: The Social Media Metrics & Analytics guide

Listening and Reputation

Page 36: The Social Media Metrics & Analytics guide

Shout Out:

Page 37: The Social Media Metrics & Analytics guide

Daily Monitoring Emails

Page 38: The Social Media Metrics & Analytics guide

Shout Out:

Page 39: The Social Media Metrics & Analytics guide

Have a Dashboard?

I’ll help you develop and manage a custom dashboard

Page 40: The Social Media Metrics & Analytics guide

Questions? Need Help?• Contact Paul Mosenson of NuSpark Marketing• [email protected]• 610-604-0639• www.nusparkmarketing.com• @nusparkmktg

Happy to Help! That’s my Job!


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