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Using Google Analytics to Track Social Media ROI
Justin Cofield Digital Strategist
CUTCO/Vector Marketing Corp
Brett Duncan Vice President,
Global Marketing Mannatech, Inc.
Dan Murphy Managing Principal
Luce Murphy Fong & Associates
Jennifer Fong Managing Principal
Luce Murphy Fong & Associates
Today’s Topics
• Metrics that are important to the executive team - Dan
• How to set up Google Analytics and create Tracking Links – Jen
• Tracking sales goals using Google Analytics – Brett
• Tracking leads using Google Analytics – Justin
• Reporting on your online efforts - Jen
Metrics Our Executives Care About
• New Recruits
• Activity of each new recruit
• Average purchase occasion of each customer
• Number of attending guests
• Average party size, or order size
• Fast start success
• Time to advance to leadership
• Retention of new recruits
• Retention of new leaders
• Average number of paid as leaders each month
Preceding all of these metrics are leads
• Leads can be converted to all of the previous metrics when that person is engaged
• The most important thing you do online is generate and track leads
Offline Leads: • Someone you meet at the
store • Your child’s friend’s parent • Etc.
Online Leads: • Social networking
contacts • Newsletter
subscribers • Website visitors
What We Haven’t Measured Well
• Lead generation – How many leads come in and from where, to the
individual distributor or to the Company – Ads, Social networks, traditional PR campaigns
• Lead conversion – We usually know who got the lead (if the company
distributes it) – But what did they do with it? – Did that lead become a customer, hostess, or
consultant? – Measurement of the total life value of a lead
Important Lead Generation Metrics
• Where did the lead come from?
• Who got the lead?
• How fast did they act on the lead?
• Reporting back on the outcome of the interaction related to the lead
• Classification of the outcome – Enrollment
– Purchase
– Host
• Ongoing follow-up with the value of the lead and from what source is what leads to the ROI of the lead generation program
Identifying Online Goals
Macro Goal: A primary business goal for your website, such as a sale or a recruit.
Micro Goal: A secondary goal for your website that may lead to a primary goal, such as a video view or newsletter sign-up.
Tracking a Campaign – Start with Goals
Campaign: Winter Sale Macro Goal: Sales Micro Goal: Newsletter Subscription
Campaign: Founder Road Trip Macro Goal: Recruiting Enrollment Micro Goal: Watch Opportunity Video
Campaign: Contest Macro Goal: Party Hosting Request Micro Goal: Review Hostess Rewards
Create Custom Landing Pages & Thank You Pages
It’s important to have a separate thank you page on your website for each form, so you can track goal completion.
Create Tracking URLs Google URL Builder (Google it!)
1. Website URL: Your Campaign Landing Page
2. Campaign Source: Where your campaign happens (i.e. FB, newsletter, etc.)
3. Campaign Medium: Tool you’re using within the source (post, CPC, etc.)
4. Campaign Name: Helps you identify campaign stats in Analytics
Tracking URL
http://www.jenfongspeaks.com/sign-up-for-jennifers-e-newsletter/?utm_source=facebook &utm_medium=page_post&utm_campaign=newsletter%20sign%20up
NOTE: You can build a URL without the URL builder. Just use this same format.
Link above, shortened and in use:
Tracking Your Campaign
http://www.jenfongspeaks.com/sign-up-for-jennifers-e-newsletter/?utm_source=facebook&utm_medium=page_post&utm_campaign=newsletter%20sign%20up
Viewing by Campaign and Medium
http://www.jenfongspeaks.com/sign-up-for-jennifers-e-newsletter/?utm_source=facebook&utm_medium=page_post&utm_campaign=newsletter%20sign%20up
Using Facebook for Field Promotions
• As high as a 60% bump in units sold
• Measure more than sales directly from Facebook.
• Target your fans specifically.
• Tightly control your budget
Other Areas to Incorporate Google Analytics
• Country launches: Geographic Traffic
• Resource Effectiveness: Downloads
• System Updates
Make Sure People Know What They’re Talking About
2 Top of Mind Questions for Marketing Leaders
• What value does my company’s website (and replicated sites) add throughout the recruiting process?
• How good is my company’s website (and replicated sites) at converting visitors into leads?
VectorMarketing.com Stats
• Entered Recruiting Funnel: 11,785
• Leads Generated: 6,256
• 7.2% of site unique visitors entered the recruiting funnel
• 53% of those converted into leads to recruit
• 3.8% of site unique visitors converted into leads recruit
2 Top of Mind Questions for Marketing Leaders
• What value does my company’s website (and replicated sites) add throughout the recruiting process?
• How good is my company’s website (and replicated sites) at converting visitors into leads?
• Google Analytics can help you find the answers to these questions, and then empowers you to measure the effectiveness of changes you make to your site and how those changes effect your lead conversion.