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ROI: WHAT'S THE FUSS? Aseem Sood COO Impact Research & Measurement Pvt. Ltd. twitter: @aseemsood Email : asood@impactmeasurement.co.in www.impactmeasurement.co.in
ROI IS NOT # OF FOLLOWERS Source: KD Paine Cost Savings +  Cost of program   -   Cost elimination Greater Efficiency +  Cost of program   -   Cost old way Greater Revenue +  Cost of program   -   Value of leads/ sales INVESTMENT
# OF FOLLOWERS IS STILL A GOOD MEASURE Source: Don Bartholomew Depends on your need Exposure Engagement Influence Action ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Closer to ROI
PRIVATE DATA IS NOT AVAILABLE Source: Don Bartholomew Depends on your need Exposure Engagement Influence Action ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Private data Available in public domain/ Agencies can access
SOCIAL MEDIA APPROACH Source: Dell
ROI CAN BE MEASURED AT EACH STEP Cost Savings Greater Efficiency Greater Revenue LISTEN ENGAGE ACT
RETURN ON LISTENING = HIGHER REVENUE “ I think the way to win in social media or have success is to not talk but to listen“ Gary Vaynerchuk host of Wine Library TV example 1
RETURN ON  NOT  LISTENING = LOSS Source: 2009 study performed by Mzinga and Babson Executive Education example 2 ,[object Object],[object Object],Source: YouTube
RETURN ON LISTENING = GREATER EFFICIENCY Source: 2009 study performed by Mzinga and Babson Executive Education In a survey in 2009, 80% of respondents reported that customer stories and suggestions helped them shape their products and services better
RETURN ON ENGAGING = GREATER EFFICIENCY Source: Dell, BrandAutopsy example 3 ,[object Object],[object Object],[object Object],[object Object]
DELL MEASURES SM REVENUES AS WELL Total Online Community Size 2 billion people 3.5 million people  Revenue $52 billion  - Twitter 1.5 million people $6.5 million from Twitter @DellOutlet $3mn @DellnoBrasil $0.8 mn @DellHomeSalesCA $150K Cont... example 3 Source: Dell
“ WE ARE ALL ABOUT LISTENING”, Dell Cont... example 3 Source: Dell ,[object Object],[object Object]
TAKING LISTENING TO THE NEXT LEVEL Cont... example 3 Source: Dell ,[object Object],[object Object],[object Object]
Where do I start? ,[object Object]
START LISTENING – Telecom Example *Green color number denotes Positive Conversation Red color number denotes Negative Conversation
OBSERVE TRENDS *Green color number denotes Positive Conversation Red color number denotes Negative Conversation
Thank you! This document is issued in confidence for the purpose only for which it is produced. It must not be reproduced in whole or in part, or stored in a retrieval system or transmitted in any form or by any means, electronic or mechanical including photocopying and recording or otherwise for any purpose other than under agreement or with the consent in writing from Impact Research & Measurement Pvt. Ltd. Aseem Sood COO Impact Research & Measurement Pvt. Ltd. twitter: @aseemsood Email : asood@impactmeasurement.co.in Web:   www.impactmeasurement.co.in To see which companies and which leaders are trending in Indian Print Media REAL-TIME, see Companies:   http://bit.ly/aTkuXf CxOs:   http://bit.ly/gXAQ3T

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Social Media ROI: Whats the Fuss?

  • 1. ROI: WHAT'S THE FUSS? Aseem Sood COO Impact Research & Measurement Pvt. Ltd. twitter: @aseemsood Email : asood@impactmeasurement.co.in www.impactmeasurement.co.in
  • 2. ROI IS NOT # OF FOLLOWERS Source: KD Paine Cost Savings + Cost of program - Cost elimination Greater Efficiency + Cost of program - Cost old way Greater Revenue + Cost of program - Value of leads/ sales INVESTMENT
  • 3.
  • 4.
  • 5. SOCIAL MEDIA APPROACH Source: Dell
  • 6. ROI CAN BE MEASURED AT EACH STEP Cost Savings Greater Efficiency Greater Revenue LISTEN ENGAGE ACT
  • 7. RETURN ON LISTENING = HIGHER REVENUE “ I think the way to win in social media or have success is to not talk but to listen“ Gary Vaynerchuk host of Wine Library TV example 1
  • 8.
  • 9. RETURN ON LISTENING = GREATER EFFICIENCY Source: 2009 study performed by Mzinga and Babson Executive Education In a survey in 2009, 80% of respondents reported that customer stories and suggestions helped them shape their products and services better
  • 10.
  • 11. DELL MEASURES SM REVENUES AS WELL Total Online Community Size 2 billion people 3.5 million people Revenue $52 billion - Twitter 1.5 million people $6.5 million from Twitter @DellOutlet $3mn @DellnoBrasil $0.8 mn @DellHomeSalesCA $150K Cont... example 3 Source: Dell
  • 12.
  • 13.
  • 14.
  • 15. START LISTENING – Telecom Example *Green color number denotes Positive Conversation Red color number denotes Negative Conversation
  • 16. OBSERVE TRENDS *Green color number denotes Positive Conversation Red color number denotes Negative Conversation
  • 17. Thank you! This document is issued in confidence for the purpose only for which it is produced. It must not be reproduced in whole or in part, or stored in a retrieval system or transmitted in any form or by any means, electronic or mechanical including photocopying and recording or otherwise for any purpose other than under agreement or with the consent in writing from Impact Research & Measurement Pvt. Ltd. Aseem Sood COO Impact Research & Measurement Pvt. Ltd. twitter: @aseemsood Email : asood@impactmeasurement.co.in Web: www.impactmeasurement.co.in To see which companies and which leaders are trending in Indian Print Media REAL-TIME, see Companies: http://bit.ly/aTkuXf CxOs: http://bit.ly/gXAQ3T