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Social Media Analytics
How Can You Measure Social Media?
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Remember the trees, please enjoy digitally.
Explanatory notes are in plain text.
Outline - Big Picture
What’s your strategy?
What’s in your Relationship Funnel?
How can you measure meaningful events?
How can you tie efforts to business objectives?
Example of a Social Media Audit
2 Common Challenges
2 Illuminating Questions
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
First, Step Back!
NO social media strategy
NO tying back to business objectives
Your metrics won’t tell a story
if you don’t have one to tell.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Not having a comprehensive, cohesive strategy is the #1 problem for most brands.
Prospects
Customers
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Your prospects follow a path on their way to becoming customers.
By the time you know who these prospects are, they have already
started to make a decision about doing business with your brand.
Your marketing has to be planned to move them along to this point.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Online marketing is a link of events much like a chain. Each event in a sequence
moves a prospect closer to becoming a customer. One weak link can threaten
the results of your entire efforts.Your online marketing happens without you.
It must be thought out and prepared in advance to meet the needs of what
your prospects are looking for.
CONVERSION = DESIRED ACTION
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Each link in the chain is a desired action or a CONVERSION.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Any action can be a conversion, not just the obvious conversion of making a sale.
In fact, sales are often many micro-conversions. Here are some common types of
conversions you might have in your Relationship Funnel.
RELATIONSHIP
FUNNEL
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
The traditional Sales Funnel is dead, because
nobody wants to be sold.Today’s consumers want
to be given the information to make their own
decisions.
You must build a relationship with your prospects
and move them deeper into your funnel. More
meaningful conversions warm your relationship
with prospects, with deeper conversions having
increased value for your business.
Metrics
Numbers
Actions
Relationships -or- Actions/Numbers
Conversion Steps: Click Through Rate (CTR) and Conversion Rate
(CVR)
• Like
• Engage with content
• Register for email newsletter
• Inbound inquiry
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Measure actions. Measuring impressions and
other “softer” metrics are not as meaningful unless
combined with a hard measurement, an action.
1 - Analytics is less math; more radiologist.
2 - Your metrics tell your story.
3 - Your metrics will differ from other brands.
4 - When #s small, they matter less.
5 - Numbers with actions are more important.
6 - Relationships between numbers is important.
7 - Trending of metrics is key.
Looking at Metrics - 30,000’ View
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Page Admins can look at their page analytics by clicking on the Insights
tab when they visit their page.
Only Page Admins will see the Insights and other buttons in the upper left.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
What Facebook page analytics look like when an ad campaign ends. Even a modest budget of $10/day can bring
your message to many more prospects! Without ad support, fewer than 10% of your fans see your content.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Notice the drop in both paid Likes (from ads) and organic Likes (free) when the campaign stops.
More people seeing your content when you have a campaign running helps others find you!
Notice the boost the Reach of all content gets with an active, highly-targeted modest ad campaign.
Never hit the boost button on a post!Targeting is poor.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Maximum Impact = (Great Content) x (Increased Exposure)
Without ad support, your content is not getting seen by many.
Facebook is a mosh pit of competition for attention!
I call this “Content Amplification”
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Conducting a Social Media Audit is a big task, but very helpful in establishing a
baseline understanding of what is happening with your social media program,
including in relationship to competitor programs and benchmarks.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Identification is redacted for client privacy purposes.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Following are two Common Challenges you’re likely facing and two
Questions that will help you understand the interconnectedness of social
media and your marketing success.
These include many gold nuggets of understanding.
Answer
Prime the pump: people + ads.
Jump start content popularity.
Common Challenge 1
Nobody interacts with my content.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Even a modest ad campaign can help more people
see your content to get the conversation started!
Answer
Social media is an Influence Channel.
Convert audience over to a
Sales Channel.
Common Challenge 2
How can I get sales from social media?
Email is an excellent sales channel. On social media you’re interrupting
your audience being social. Connect with them on social instead and earn
their email for deeper communications!
How does this choice
affect their analytics?
Question 1
Client buys fans to increase audience size.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Effects of Unqualified Audience
Big Audience Zero Engagement
Action/Audience Very LowContent Reach Very Low
Very Low Score in the Popularity Algorithm
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Both Search and Social are all about content popularity! You must earn eyeballs.
This formula determines who sees your content when.
You can learn to share better content in a better way and reach more people.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
How does this affect
your fan growth?
Question 2
Website has links, not social plug-ins.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
These are links.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
These are social plug-ins.
Click on link
Wait for Facebook page
Look at Facebook page content
Click Like
Click back button
Steps to Like
Each step has 15% drop off.
Click on social plug-in
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
4 extra steps mean you’re losing at least 60%
of the Likes you could get with a Like button.
Summary
•Your prospect is on a journey.
•We must identify steps of the journey & what we can measure.
•The relationships between metrics matter most.
•Trends matter more than numbers.
•Moving from Influence to Sales Channels is key.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
Charlie Conard
Co-Founder and Principal
Social Go To
245 W 29th Street, Suite #1202
New York, NY 10001
917-573-7275
charlie@socialgoto.com
socialgoto.com
facebook.com/socialgoto
We help businesses get more and better customers from
where their prospects are spending their time... on social media.

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Social-Media-Analytics-How-Can-You-Measure-Social-Media?

  • 1. Social Media Analytics How Can You Measure Social Media? Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Remember the trees, please enjoy digitally. Explanatory notes are in plain text.
  • 2. Outline - Big Picture What’s your strategy? What’s in your Relationship Funnel? How can you measure meaningful events? How can you tie efforts to business objectives? Example of a Social Media Audit 2 Common Challenges 2 Illuminating Questions Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
  • 3. First, Step Back! NO social media strategy NO tying back to business objectives Your metrics won’t tell a story if you don’t have one to tell. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Not having a comprehensive, cohesive strategy is the #1 problem for most brands.
  • 4. Prospects Customers Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Your prospects follow a path on their way to becoming customers. By the time you know who these prospects are, they have already started to make a decision about doing business with your brand. Your marketing has to be planned to move them along to this point.
  • 5. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Online marketing is a link of events much like a chain. Each event in a sequence moves a prospect closer to becoming a customer. One weak link can threaten the results of your entire efforts.Your online marketing happens without you. It must be thought out and prepared in advance to meet the needs of what your prospects are looking for.
  • 6. CONVERSION = DESIRED ACTION Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Each link in the chain is a desired action or a CONVERSION.
  • 7. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Any action can be a conversion, not just the obvious conversion of making a sale. In fact, sales are often many micro-conversions. Here are some common types of conversions you might have in your Relationship Funnel.
  • 8. RELATIONSHIP FUNNEL Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. The traditional Sales Funnel is dead, because nobody wants to be sold.Today’s consumers want to be given the information to make their own decisions. You must build a relationship with your prospects and move them deeper into your funnel. More meaningful conversions warm your relationship with prospects, with deeper conversions having increased value for your business.
  • 9. Metrics Numbers Actions Relationships -or- Actions/Numbers Conversion Steps: Click Through Rate (CTR) and Conversion Rate (CVR) • Like • Engage with content • Register for email newsletter • Inbound inquiry Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Measure actions. Measuring impressions and other “softer” metrics are not as meaningful unless combined with a hard measurement, an action.
  • 10. 1 - Analytics is less math; more radiologist. 2 - Your metrics tell your story. 3 - Your metrics will differ from other brands. 4 - When #s small, they matter less. 5 - Numbers with actions are more important. 6 - Relationships between numbers is important. 7 - Trending of metrics is key. Looking at Metrics - 30,000’ View Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
  • 11. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Page Admins can look at their page analytics by clicking on the Insights tab when they visit their page. Only Page Admins will see the Insights and other buttons in the upper left.
  • 12. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. What Facebook page analytics look like when an ad campaign ends. Even a modest budget of $10/day can bring your message to many more prospects! Without ad support, fewer than 10% of your fans see your content.
  • 13. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Notice the drop in both paid Likes (from ads) and organic Likes (free) when the campaign stops. More people seeing your content when you have a campaign running helps others find you!
  • 14. Notice the boost the Reach of all content gets with an active, highly-targeted modest ad campaign. Never hit the boost button on a post!Targeting is poor. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
  • 15. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Maximum Impact = (Great Content) x (Increased Exposure) Without ad support, your content is not getting seen by many. Facebook is a mosh pit of competition for attention! I call this “Content Amplification”
  • 16. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Conducting a Social Media Audit is a big task, but very helpful in establishing a baseline understanding of what is happening with your social media program, including in relationship to competitor programs and benchmarks.
  • 17. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Identification is redacted for client privacy purposes.
  • 18. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
  • 19. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Following are two Common Challenges you’re likely facing and two Questions that will help you understand the interconnectedness of social media and your marketing success. These include many gold nuggets of understanding.
  • 20. Answer Prime the pump: people + ads. Jump start content popularity. Common Challenge 1 Nobody interacts with my content. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Even a modest ad campaign can help more people see your content to get the conversation started!
  • 21. Answer Social media is an Influence Channel. Convert audience over to a Sales Channel. Common Challenge 2 How can I get sales from social media? Email is an excellent sales channel. On social media you’re interrupting your audience being social. Connect with them on social instead and earn their email for deeper communications!
  • 22. How does this choice affect their analytics? Question 1 Client buys fans to increase audience size. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
  • 23. Effects of Unqualified Audience Big Audience Zero Engagement Action/Audience Very LowContent Reach Very Low Very Low Score in the Popularity Algorithm Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
  • 24. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Both Search and Social are all about content popularity! You must earn eyeballs.
  • 25. This formula determines who sees your content when. You can learn to share better content in a better way and reach more people. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
  • 26. How does this affect your fan growth? Question 2 Website has links, not social plug-ins. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
  • 27. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. These are links.
  • 28. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. These are social plug-ins.
  • 29. Click on link Wait for Facebook page Look at Facebook page content Click Like Click back button Steps to Like Each step has 15% drop off. Click on social plug-in Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. 4 extra steps mean you’re losing at least 60% of the Likes you could get with a Like button.
  • 30. Summary •Your prospect is on a journey. •We must identify steps of the journey & what we can measure. •The relationships between metrics matter most. •Trends matter more than numbers. •Moving from Influence to Sales Channels is key. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution.
  • 31. Copyright © 2014 by Social To Go. These copyrighted materials are are authorized solely for your personal, individual private use and are not intended for unauthorized distribution. Charlie Conard Co-Founder and Principal Social Go To 245 W 29th Street, Suite #1202 New York, NY 10001 917-573-7275 charlie@socialgoto.com socialgoto.com facebook.com/socialgoto We help businesses get more and better customers from where their prospects are spending their time... on social media.