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"Conversion vs. Conversation"
Tracking Your Company's Impact On Social Media
Presented By:
Michael Weisfeld
April 2010
Who is Michael Weisfeld?
Dir. of Social Media & Senior Web Strategist
for BusinessOnLine
Building Websites & Strategies since 2002
Areas of Web Expertise:
Strategy
Social Media
Search Engine Marketing
Usability
Business Analyst
Background in “Big 5” Management Consulting
@mrweisfeld
Housekeeping … to get the slides
Request a 1-on-1 lab online
BMA will send or give me
your business card for
today’s slides
http://www.businessol.com/forms/labs
1
2
@BOLSocial
if Tweetting about this session,
please use this hashtag:
#BMA
Follow the BusinessOnLine Social
Media team on Twitter at:
Poll: Is Your Company
Social?
Agenda
Review: stats & trends
Explore: social media 301 & participation profiles
Present:
Conversion vs. Conversation
Content Strategy
Generating Earned Media
Attribution Analytics
Conclusion
QUESTIONS ???
please hold until
the end of the
presentation ..
there will be time.
SOCIAL MEDIA LANDSCAPE
Stats & Trends
Invention of web 2.0 technology
93%of Americans expect
companies to have
a presence in
Social Media
Source:Cone,Inc.
Increase in Time Spent on Social Media
Average time spent by Tweeters using Twitter
2 Âľ hours per day
Source: MarketingProfs, LLC
Spent on Facebook each day (worldwide)
3.5 billion minutes
Source: facebook.com
Hours of video is uploaded to YouTube
10 hours every minute
Source: youtube.com
Facebook Explosion
133,000,000
Highest record in the site’s history
unique
visits
To put it in context …
Facebook Market
Share of Visits
Tops Google’s
Facebook Explosion
http://www.facebook.com/press/info.php?statistics
(04.2010)
400,000,000+
The number of people actively using Facebook –
equivalent to the population of Indonesia, the
world’s fifth-most populous country
registered
users
Facebook Explosion
Digital Buzz Blog, Social Media Has Grown Up: Stats One Year On, 8.03.09
5,000,000,000
The number of minutes spent on Facebook each day
min per
day
Facebook Explosion
Digital Buzz Blog, Social Media Has Grown Up: Stats One Year On, 8.03.09
1,000,000,000
The amount of content (web links, news stories, blog
posts, notes, photos, etc.) shared each week on Facebook
posts
per
week
Twitter Explosion
Nielsen Online
indicates that
Twitter grew
1,382%
year-over-year in
February
475
7,038
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
Jan-08 Jan-09
Unique Audience (000)
Other Social Media Explosion
56.30%
11.38%
40.98%
14.75%
IncreaseinYearlyTraffic
Source: Compete.com, 2/2009-2/2010
Adoption Demographics
More
stats …
Source: http://socialmediagraphics.posterous.com/
Social Media is Estimated to Grow 34% Annually
SOCIAL MEDIA 301
What is Social Media Marketing?
Common Marketing Objectives
• Drive Traffic
• Build Product Awareness
• Create Interest & Demand
• Reinforce Brand Loyalty
• Provide Information
• Drive Leads
• Increase Revenue
• Newsletters
• Special Events
• Sponsorships
• Promotions & Contests
• Employee Relations
• Community Philanthropy
• Media Relations
• Media Tours
• Traditional Media
• Speaking Engagements
MarketingObjectives
MarketingTactics
Strategies
Trade Shows
Association
Meetings
Magazines
Direct
Mail
Distributor
Shows
Newspapers
PPC
Email
Marketing
Search Engine
Optimization
Catalogs
Websites
Social Media
The Web
Where does social media fit in?Online
Traditional
…the same marketing objectives
• Drive Traffic
• Build Product Awareness
• Create Interest & Demand
• Reinforce Brand Loyalty
• Provide Information
• Drive Leads
• Increase Revenue
• Blogs
• Videos
• Photo Sharing
• Social Networks
• Ratings / Reviews
• Micro-Blogging
• Social Voting
• Widgets
• Forums
MarketingObjectives
SocialMediaTactics
Strategies
Interaction and facilitation
of three-way conversations:
company to consumers
consumers to consumers
consumers to company
1
2
3
Company
Consumers
Consumers
Social Media
The Optimal Flow of Information
Beyond the stats …
Word of Mouth:
People share
information, ideas and
make recommendations
all the time.
High level of trust
PARTICIPATION PROFILES
How to users behave in social media
Joiners
Creators
Spectators
Inactives
Critics
Collectors
Publish a blog
Publish own web pages
Write and post articles
Upload self-created videos
Comment on a blog
Comment on a forum
Rate/review products
Contribute to a wiki
Add tags to web pages/photos
Vote for web sites online
Use RSS feeds
Visit social networking sites
Maintain profile on social
networking sites
Read blogs
Watch videos
Read online forums
Read ratings/reviews
None of the above
Social Media Profiles
Conversationalists
Updates status on social
networking site
Updates on micro-blogs
Increasing Participation
Internal
Brand
Evangelists
DetractorsInfluencers
Creators Critics
Collectors
Joiners
Spectators
Inactives
Participation Ecosystem
Conversationalists
Internal Brand Evangelists
Definition:
Internal stakeholders and staff
members with a passion to
spread the spirit and message of
the brand, as a result improving
the overall company.
Influencers
Definition:
Enthusiastic individuals equipped with the
resources to reach and impact others in a
related market.
Detractors
Definition:
Participants who divert dialogue and/or degrade the
overall quality of the social atmosphere, usually by
violating one or more community policies.
CONTENT STRATEGY
How to post and promote using SM
Determine the User Path
Search “Places to
visit in Spain”
Land on Squidoo w/
video on Spain
Link to read PDF
about Spain on
Scribd
URL to routing
queries
User Checks Fares
& Schedules
See New Blog Post
on Facebook Feed
Watch Embedded
Video on Blog
Link to France
Landing Page
Watch Video on
Things to do in
France
User Checks Fares
& Schedules
SEO
Social Media
User Centered Design
First Visit / Anonymous User
Activity
1
Activity
2
Repeat Visit / Authenticated User
Activity
3
Activity
4
Authenticated Customer
Activity 5 Activity 6
Develop a Content Strategy
Keep in mind your target personas
Consider your resources and budget
Establish an editorial calendar
Discovery &
Strategy
Baseline buzz & analytics to
fuel content ideation
Keyword research
Align content with marketing
mix, marketing calendar, and
content hosts
Logistics
Secure internal resources
Develop content rollout timeline
Purchase the necessary media
Creation
Create content
Build digital asset charts for
each piece of content
Execution
Launch Content
Promote Content
Maintenance
Maintain Content based on
Industry and Technological
Trends
Follow-up Promotions
Example Types of Content
Tip: try various types of content and
measure fan interaction
Personal
Informative
Transactional
Interative
•Photos
•Videos
•Games
•Animation
•Music
•Forms
•Online Applications
•Contests
•Reward Programs
•Facts
•Figures
•Data
•Knowledge
•Statistics
•Widgets
•Testimonials
•Stories
•Comments
•Questions
•Badges
Post & Promote Process
Ongoing
Self-fueling Promotion
Strategy &
Planning
Post
Promotion
Monitoring & Reacting
Start Time
High-level process for publishing existing content onto the social Internet:
Step 1
Step 2
Step 3
Step 4
CONVERSION vs. CONVERSATION
Definitions
Reach & Frequency
Post & Promote
and measure the
effectiveness of
your efforts.
Conversions
Attribution Analytics
The science of
determining
performance of each
marketing and/or
advertising initiative.
KPI: conversion
Lead Request
Purchase
Call / Inquiry
Conversations
Buzz Monitoring
The science of
determining the
mentions occurring on
the social web.
KPI: conversations
Sentiment
Topic Trends
Volume
GENERATING EARNED MEDIA
Digital “word of mouth” marketing
Facebook Connect
Solution for integrating Facebook
features with a website
Benefits:
User Authentication
Publish to news feed
Personalization
More Info on FB Connect:
http://www.facebook.com/
connect
http://developers.facebook.
com/connect.php
http://wiki.developers.faceb
ook.com/index.php/User:Fa
cebook_Connect_Live_Sites
Facebook Connect – BeeWell Miles
Facebook Connect – Earned Media
Return on Investment (ROI)
Each time a fan publishes
their activity to their
newsfeed, the value of
the impression can be
attributed to the cost of a
paid advertisement. The
overall value can be
considered to be more
due to its placement and
affiliation to a friend.
ROI =
News feed impressions (#) x Cost of Ad ($) – Cost of Implementation ($)
ATTRIBUTION ANALYTICS
Determining the effectiveness of SM efforts
Attribution Analytics Challange
1
2 4
3
User reads article about TI
on PubCon.com with no link
User searches “Treasure
Island” on Google
User lands on
treasureisland.com
User books hotel room
Social Media Measurement
Customer
Stage
What
Sample
Metrics
Measurement
Increased Measurement Value
Brand Manager, Corporate Communications Online Marketer
Popular
Tools
Awareness Influence Action
Output Outtake Outcome
Who’s talking about you?
What are they saying about
you?
What does it mean to your
business?
Share of voice, advertising, #
of mentions, # of views
Brand association, message
awareness, qualitative
assessment
Site visits, registrations,
conversions, ROI
Google, Visible Technologies,
Radian6, TrackUr, BuzzMetrics,
Technorati, Cymfony, Techrigy
BuzzLogic, BuzzMetrics,
Techrigy, Cymfony, Visible
Technologies
Web Analytics
Online Attribution Analytics
Total
Website
Traffic
Direct Link with Click
Direct Link without Click
No Direct Link
Last Click Attribution is Not Always Accurate
Last Click Attribution refers to crediting the last click
that a user made to a site conversion.
In reality, conversion may have been caused by a
number of touch points in the form of PR, social
media, video, etc.
Understanding how these assets affect your search
volume and conversion rate is critical in determining
which of your online marketing initiatives are most
effective.
Campaign codes for outbound SM links
Source: Facebook Page Name
Medium: Facebook Page Tab
Name: Description of the Link
1
2
3
4
5
6
7
8
9
Example:
http://www.beewellmiles.com/BCNOS/?utm_source=BWM
%2BFacebook&utm_medium=Boxes&utm_campaign=BW
M%2B2_5
Using Google Analytics
Attribution Analytics – SM Segment
Attribution Analytics – SM Segment
Attribution Analytics Applications
Search - Measure the impact of social media, PR and video on driving
brand related search activity.
Social Media – Measure the impact of social conversations across all
traffic channels.
Online PR – Measure the impact of online PR and news coverage across
all traffic channels.
Bookmarks – Measure what portion of the bookmark traffic was affected
by social media, PR and video.
Competitive Analysis – Measures the percent of your website visitors who
also visited a competitor’s website.
WHAT CONSTITUTES SUCCESS?
Social Media Efforts Are Measurable
Quantitative Measurements
Number of fans
Number of comments, posts, threads
Number of widget downloads
Number of feed subscribers
Number of pages bookmarked
Number of bloggers engaged
Number of blog posts per blogger
Total number of blog posts
Number of friends/followers
Number of social network page views
Number of event
responses/subscribers
There are numerous KPIs to track for social media.
Total traffic driven to destination page
Total email subscriptions
Number of new links secured by Social
media marketing
Total text subscriptions
Number of video views
Number of Ratings, Reviews and Votes
Number of pages forwarded
Conversion rate of referral traffic
Time on Site
Brand Sentiment
Mood of conversational marketing
Qualitative Measurements
Corporate Reputation
Negative/Positive Relationship Ratio
Customer Opinions and Wishes
Social Media Buzz Monitoring Dashboard
Social Media efforts can be
held to familiar KPI’s:
Frequency
Reach
Impact
ROI = BENEFITS – (COSTS + RISKS)
COSTS + RISKS
Measuring Success
“These will be
cumulative events
and interactions that
will build loyalty for
the companies that
pay attention to
them.”
Scott Monty,
Ford
Peter Kim, Social Media Predictions 2009,
12/15/2008
Keyword Analysis Report
High-Leveled Analytics Dashboard
WRAP UP
Conclusion & Questions
Conclusion
It is not enough to just throw up a page
Participate in relevant and active communities
There is not one “right” platform
Integrate across platforms to connect and cross promote
Understand there are different types of internet users
Measure metrics like frequency, reach, and satisfaction
1
2
3
4
5
6
Handout: Social Media Participation Matrix
Review
Discuss
Determine
Questions?
Michael Weisfeld
P 619.699.0767 x247
Michael.Weisfeld@BusinessOL.com
Twitter: @mrweisfeld
http://www.linkedin.com/in/michaelweisfeld
Brought to you by:
@BOLSocial
if Tweetting about this session,
please use this hashtag:
#BMA
Follow the BusinessOnLine Social
Media team on Twitter at:
APPENDIX
Additional Information and Resources
Strategy & SM Newsletters and Blogs
Jeremiah Oywang (http://www.web-strategist.com/blog/)
SmartBrief Newsletter
(http://www.smartbrief.com/socialmedia/index.jsp?campaign=webIndustries)
Mashable (http://mashable.com/)
Chris Brogan (http://www.chrisbrogan.com/)
David Armano (http://darmano.typepad.com/)
Peter Kim (http://www.beingpeterkim.com/)
TechCrunch (http://www.techcrunch.com/)
MarketingCharts (http://www.marketingcharts.com/)
SocialMedia Insider
(http://www.mediapost.com/publications/?fa=Archives.showArchive&art_type=66)
Groundswell
"(The book) is not so much a manifesto
or a dissection of online culture as it is a
how-to manual for executives and mid-
level managers trying to navigate this
fast-changing and often confusing
environment."
— Ideas: Book Review, Financial Times
"A new book by two researchers
explains how companies' reputations
can be tarnished by the cacophony of
Internet commentary, and how they can
fight back.“
— Broadsided, The Boston Globe
Google Alerts – blogs, news
Technorati - blogs
Alltop – blogs, news
Backtype – blog comments
Yacktrack – social comments
BoardReader – forums
Twitter Search – microblog
Social Mention – all
Filtrbox – filter results
Free Tools Paid Tools
Tools for Marketers
Buzzlogic
Radian6
TNS Cymfony
Trackur
Brands Eye
BoardReader
Cision
Nielsen
Sentiment Metrics
More Info: Social Media Webinar
Title: Is your Company Social? Planning a successful
social media program.
Release: December 2008
Click here to request the webinar:
http://www.businessol.com/news/main-
webinars/archives/default.html#session-2
CREATING ENGAGING WEBSITES
User Centered Design
Marketing Landscape: Online & Offline
Online MarketingOffline Marketing
traffic
Website
traffic
Understand the User Scenarios
What content are online visitors expecting from your
website when they arrive?
What information is valuable to your users and supports
your business objectives?
What is your audience doing online when then are not
visiting my website?
What Is Expected Of Your Website?
How to strategize and plan for your audience’s arrival?
1. Optimize Pull Marketing Initiatives-
Present product/service information when & where
users are actively looking for it. (example: search
engine marketing)
2. Employ User Centered Design-
Build the website so users have an engaging
experience and can easily accomplish this goals.
Definition: User Centered Design (UCD)
Insert with graphic An approach to design that
grounds the process in
information about the
people who will
use the product.
*http://www.upassoc.org/usability_resources/about_usability/what_is_ucd.html
Focus on users through the
planning, design and
development of a website.
Proof: User Centered Design Statistics
Following a usability redesign, websites increase desired
metrics by 135% on average – Jakob Nielsen
46% of users abandon their online transaction as a result of
experiencing website problems. – Survey of Online Consumer Behaviour by
Tealeaf/Harris (2009)
40% of users who experience problems on a website say they
would switch to an online or offline competitor – Survey of Online
Consumer Behaviour by Tealeaf/Harris (2009)
$25 billion is lost every year due to web site usability issues.
– Zona Research

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Conversion vs Conversation: Tracking Your Company's Impact On Social Media

  • 1. "Conversion vs. Conversation" Tracking Your Company's Impact On Social Media Presented By: Michael Weisfeld April 2010
  • 2. Who is Michael Weisfeld? Dir. of Social Media & Senior Web Strategist for BusinessOnLine Building Websites & Strategies since 2002 Areas of Web Expertise: Strategy Social Media Search Engine Marketing Usability Business Analyst Background in “Big 5” Management Consulting @mrweisfeld
  • 3. Housekeeping … to get the slides Request a 1-on-1 lab online BMA will send or give me your business card for today’s slides http://www.businessol.com/forms/labs 1 2 @BOLSocial if Tweetting about this session, please use this hashtag: #BMA Follow the BusinessOnLine Social Media team on Twitter at:
  • 4. Poll: Is Your Company Social?
  • 5. Agenda Review: stats & trends Explore: social media 301 & participation profiles Present: Conversion vs. Conversation Content Strategy Generating Earned Media Attribution Analytics Conclusion QUESTIONS ??? please hold until the end of the presentation .. there will be time.
  • 7. Invention of web 2.0 technology
  • 8.
  • 9. 93%of Americans expect companies to have a presence in Social Media Source:Cone,Inc.
  • 10. Increase in Time Spent on Social Media Average time spent by Tweeters using Twitter 2 Âľ hours per day Source: MarketingProfs, LLC Spent on Facebook each day (worldwide) 3.5 billion minutes Source: facebook.com Hours of video is uploaded to YouTube 10 hours every minute Source: youtube.com
  • 11. Facebook Explosion 133,000,000 Highest record in the site’s history unique visits
  • 12. To put it in context … Facebook Market Share of Visits Tops Google’s
  • 13. Facebook Explosion http://www.facebook.com/press/info.php?statistics (04.2010) 400,000,000+ The number of people actively using Facebook – equivalent to the population of Indonesia, the world’s fifth-most populous country registered users
  • 14. Facebook Explosion Digital Buzz Blog, Social Media Has Grown Up: Stats One Year On, 8.03.09 5,000,000,000 The number of minutes spent on Facebook each day min per day
  • 15. Facebook Explosion Digital Buzz Blog, Social Media Has Grown Up: Stats One Year On, 8.03.09 1,000,000,000 The amount of content (web links, news stories, blog posts, notes, photos, etc.) shared each week on Facebook posts per week
  • 16. Twitter Explosion Nielsen Online indicates that Twitter grew 1,382% year-over-year in February 475 7,038 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 Jan-08 Jan-09 Unique Audience (000)
  • 17. Other Social Media Explosion 56.30% 11.38% 40.98% 14.75% IncreaseinYearlyTraffic Source: Compete.com, 2/2009-2/2010
  • 18. Adoption Demographics More stats … Source: http://socialmediagraphics.posterous.com/
  • 19. Social Media is Estimated to Grow 34% Annually
  • 20. SOCIAL MEDIA 301 What is Social Media Marketing?
  • 21. Common Marketing Objectives • Drive Traffic • Build Product Awareness • Create Interest & Demand • Reinforce Brand Loyalty • Provide Information • Drive Leads • Increase Revenue • Newsletters • Special Events • Sponsorships • Promotions & Contests • Employee Relations • Community Philanthropy • Media Relations • Media Tours • Traditional Media • Speaking Engagements MarketingObjectives MarketingTactics Strategies
  • 23. …the same marketing objectives • Drive Traffic • Build Product Awareness • Create Interest & Demand • Reinforce Brand Loyalty • Provide Information • Drive Leads • Increase Revenue • Blogs • Videos • Photo Sharing • Social Networks • Ratings / Reviews • Micro-Blogging • Social Voting • Widgets • Forums MarketingObjectives SocialMediaTactics Strategies
  • 24. Interaction and facilitation of three-way conversations: company to consumers consumers to consumers consumers to company 1 2 3 Company Consumers Consumers Social Media The Optimal Flow of Information
  • 25. Beyond the stats … Word of Mouth: People share information, ideas and make recommendations all the time. High level of trust
  • 26. PARTICIPATION PROFILES How to users behave in social media
  • 27. Joiners Creators Spectators Inactives Critics Collectors Publish a blog Publish own web pages Write and post articles Upload self-created videos Comment on a blog Comment on a forum Rate/review products Contribute to a wiki Add tags to web pages/photos Vote for web sites online Use RSS feeds Visit social networking sites Maintain profile on social networking sites Read blogs Watch videos Read online forums Read ratings/reviews None of the above Social Media Profiles Conversationalists Updates status on social networking site Updates on micro-blogs
  • 30. Internal Brand Evangelists Definition: Internal stakeholders and staff members with a passion to spread the spirit and message of the brand, as a result improving the overall company.
  • 31. Influencers Definition: Enthusiastic individuals equipped with the resources to reach and impact others in a related market.
  • 32. Detractors Definition: Participants who divert dialogue and/or degrade the overall quality of the social atmosphere, usually by violating one or more community policies.
  • 33. CONTENT STRATEGY How to post and promote using SM
  • 34. Determine the User Path Search “Places to visit in Spain” Land on Squidoo w/ video on Spain Link to read PDF about Spain on Scribd URL to routing queries User Checks Fares & Schedules See New Blog Post on Facebook Feed Watch Embedded Video on Blog Link to France Landing Page Watch Video on Things to do in France User Checks Fares & Schedules SEO Social Media
  • 35. User Centered Design First Visit / Anonymous User Activity 1 Activity 2 Repeat Visit / Authenticated User Activity 3 Activity 4 Authenticated Customer Activity 5 Activity 6
  • 36. Develop a Content Strategy Keep in mind your target personas Consider your resources and budget Establish an editorial calendar Discovery & Strategy Baseline buzz & analytics to fuel content ideation Keyword research Align content with marketing mix, marketing calendar, and content hosts Logistics Secure internal resources Develop content rollout timeline Purchase the necessary media Creation Create content Build digital asset charts for each piece of content Execution Launch Content Promote Content Maintenance Maintain Content based on Industry and Technological Trends Follow-up Promotions
  • 37. Example Types of Content Tip: try various types of content and measure fan interaction Personal Informative Transactional Interative •Photos •Videos •Games •Animation •Music •Forms •Online Applications •Contests •Reward Programs •Facts •Figures •Data •Knowledge •Statistics •Widgets •Testimonials •Stories •Comments •Questions •Badges
  • 38. Post & Promote Process Ongoing Self-fueling Promotion Strategy & Planning Post Promotion Monitoring & Reacting Start Time High-level process for publishing existing content onto the social Internet: Step 1 Step 2 Step 3 Step 4
  • 40. Reach & Frequency Post & Promote and measure the effectiveness of your efforts.
  • 41. Conversions Attribution Analytics The science of determining performance of each marketing and/or advertising initiative. KPI: conversion Lead Request Purchase Call / Inquiry
  • 42. Conversations Buzz Monitoring The science of determining the mentions occurring on the social web. KPI: conversations Sentiment Topic Trends Volume
  • 43. GENERATING EARNED MEDIA Digital “word of mouth” marketing
  • 44. Facebook Connect Solution for integrating Facebook features with a website Benefits: User Authentication Publish to news feed Personalization More Info on FB Connect: http://www.facebook.com/ connect http://developers.facebook. com/connect.php http://wiki.developers.faceb ook.com/index.php/User:Fa cebook_Connect_Live_Sites
  • 45. Facebook Connect – BeeWell Miles
  • 46. Facebook Connect – Earned Media Return on Investment (ROI) Each time a fan publishes their activity to their newsfeed, the value of the impression can be attributed to the cost of a paid advertisement. The overall value can be considered to be more due to its placement and affiliation to a friend. ROI = News feed impressions (#) x Cost of Ad ($) – Cost of Implementation ($)
  • 47. ATTRIBUTION ANALYTICS Determining the effectiveness of SM efforts
  • 48. Attribution Analytics Challange 1 2 4 3 User reads article about TI on PubCon.com with no link User searches “Treasure Island” on Google User lands on treasureisland.com User books hotel room
  • 49. Social Media Measurement Customer Stage What Sample Metrics Measurement Increased Measurement Value Brand Manager, Corporate Communications Online Marketer Popular Tools Awareness Influence Action Output Outtake Outcome Who’s talking about you? What are they saying about you? What does it mean to your business? Share of voice, advertising, # of mentions, # of views Brand association, message awareness, qualitative assessment Site visits, registrations, conversions, ROI Google, Visible Technologies, Radian6, TrackUr, BuzzMetrics, Technorati, Cymfony, Techrigy BuzzLogic, BuzzMetrics, Techrigy, Cymfony, Visible Technologies Web Analytics
  • 50. Online Attribution Analytics Total Website Traffic Direct Link with Click Direct Link without Click No Direct Link
  • 51. Last Click Attribution is Not Always Accurate Last Click Attribution refers to crediting the last click that a user made to a site conversion. In reality, conversion may have been caused by a number of touch points in the form of PR, social media, video, etc. Understanding how these assets affect your search volume and conversion rate is critical in determining which of your online marketing initiatives are most effective.
  • 52. Campaign codes for outbound SM links Source: Facebook Page Name Medium: Facebook Page Tab Name: Description of the Link 1 2 3 4 5 6 7 8 9 Example: http://www.beewellmiles.com/BCNOS/?utm_source=BWM %2BFacebook&utm_medium=Boxes&utm_campaign=BW M%2B2_5
  • 56. Attribution Analytics Applications Search - Measure the impact of social media, PR and video on driving brand related search activity. Social Media – Measure the impact of social conversations across all traffic channels. Online PR – Measure the impact of online PR and news coverage across all traffic channels. Bookmarks – Measure what portion of the bookmark traffic was affected by social media, PR and video. Competitive Analysis – Measures the percent of your website visitors who also visited a competitor’s website.
  • 57. WHAT CONSTITUTES SUCCESS? Social Media Efforts Are Measurable
  • 58.
  • 59. Quantitative Measurements Number of fans Number of comments, posts, threads Number of widget downloads Number of feed subscribers Number of pages bookmarked Number of bloggers engaged Number of blog posts per blogger Total number of blog posts Number of friends/followers Number of social network page views Number of event responses/subscribers There are numerous KPIs to track for social media. Total traffic driven to destination page Total email subscriptions Number of new links secured by Social media marketing Total text subscriptions Number of video views Number of Ratings, Reviews and Votes Number of pages forwarded Conversion rate of referral traffic Time on Site Brand Sentiment Mood of conversational marketing
  • 60. Qualitative Measurements Corporate Reputation Negative/Positive Relationship Ratio Customer Opinions and Wishes
  • 61. Social Media Buzz Monitoring Dashboard
  • 62. Social Media efforts can be held to familiar KPI’s: Frequency Reach Impact ROI = BENEFITS – (COSTS + RISKS) COSTS + RISKS Measuring Success “These will be cumulative events and interactions that will build loyalty for the companies that pay attention to them.” Scott Monty, Ford Peter Kim, Social Media Predictions 2009, 12/15/2008
  • 65. WRAP UP Conclusion & Questions
  • 66. Conclusion It is not enough to just throw up a page Participate in relevant and active communities There is not one “right” platform Integrate across platforms to connect and cross promote Understand there are different types of internet users Measure metrics like frequency, reach, and satisfaction 1 2 3 4 5 6
  • 67. Handout: Social Media Participation Matrix Review Discuss Determine
  • 68. Questions? Michael Weisfeld P 619.699.0767 x247 Michael.Weisfeld@BusinessOL.com Twitter: @mrweisfeld http://www.linkedin.com/in/michaelweisfeld Brought to you by: @BOLSocial if Tweetting about this session, please use this hashtag: #BMA Follow the BusinessOnLine Social Media team on Twitter at:
  • 69.
  • 71. Strategy & SM Newsletters and Blogs Jeremiah Oywang (http://www.web-strategist.com/blog/) SmartBrief Newsletter (http://www.smartbrief.com/socialmedia/index.jsp?campaign=webIndustries) Mashable (http://mashable.com/) Chris Brogan (http://www.chrisbrogan.com/) David Armano (http://darmano.typepad.com/) Peter Kim (http://www.beingpeterkim.com/) TechCrunch (http://www.techcrunch.com/) MarketingCharts (http://www.marketingcharts.com/) SocialMedia Insider (http://www.mediapost.com/publications/?fa=Archives.showArchive&art_type=66)
  • 72. Groundswell "(The book) is not so much a manifesto or a dissection of online culture as it is a how-to manual for executives and mid- level managers trying to navigate this fast-changing and often confusing environment." — Ideas: Book Review, Financial Times "A new book by two researchers explains how companies' reputations can be tarnished by the cacophony of Internet commentary, and how they can fight back.“ — Broadsided, The Boston Globe
  • 73. Google Alerts – blogs, news Technorati - blogs Alltop – blogs, news Backtype – blog comments Yacktrack – social comments BoardReader – forums Twitter Search – microblog Social Mention – all Filtrbox – filter results Free Tools Paid Tools Tools for Marketers Buzzlogic Radian6 TNS Cymfony Trackur Brands Eye BoardReader Cision Nielsen Sentiment Metrics
  • 74. More Info: Social Media Webinar Title: Is your Company Social? Planning a successful social media program. Release: December 2008 Click here to request the webinar: http://www.businessol.com/news/main- webinars/archives/default.html#session-2
  • 76. Marketing Landscape: Online & Offline Online MarketingOffline Marketing traffic Website traffic
  • 77. Understand the User Scenarios What content are online visitors expecting from your website when they arrive? What information is valuable to your users and supports your business objectives? What is your audience doing online when then are not visiting my website?
  • 78. What Is Expected Of Your Website? How to strategize and plan for your audience’s arrival? 1. Optimize Pull Marketing Initiatives- Present product/service information when & where users are actively looking for it. (example: search engine marketing) 2. Employ User Centered Design- Build the website so users have an engaging experience and can easily accomplish this goals.
  • 79. Definition: User Centered Design (UCD) Insert with graphic An approach to design that grounds the process in information about the people who will use the product. *http://www.upassoc.org/usability_resources/about_usability/what_is_ucd.html Focus on users through the planning, design and development of a website.
  • 80. Proof: User Centered Design Statistics Following a usability redesign, websites increase desired metrics by 135% on average – Jakob Nielsen 46% of users abandon their online transaction as a result of experiencing website problems. – Survey of Online Consumer Behaviour by Tealeaf/Harris (2009) 40% of users who experience problems on a website say they would switch to an online or offline competitor – Survey of Online Consumer Behaviour by Tealeaf/Harris (2009) $25 billion is lost every year due to web site usability issues. – Zona Research