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SOCIAL MEDIA
    MEASUREMENT
Pan European Online Recruitment Seminar
Social Media Marketing


Herwin Wevers
    Facebook.com/WebBoomm

    Linkedin.com/in/WebBoomm
                                WebBoomm.com/nl
    Twitter.com/HerwinWevers
Trend #8
 Possible?
 What are we measuring?
 NO
 YES
  •Look for Correlations

  •Matched Market Analysis

  •Social Media Metrics
Brand metrics are still the most
common things to measure
Although budgets are rising, the ROI
question is still not answered
BOSS: HOW MANY FRIENDS DO YOU HAVE?
SECRETARY: 3978
BOSS: WOW. OUR BIGGEST COMPETITOR ONLY
HAS 876
BOSS: HOW LONG DOES THAT TAKE?
SECRETARY: ONE MONTH SIR
BOSS: CAN YOU CREATE AND MAINTAIN OUR
COMPANY PAGE?
SECRETARY: SURE. GIVE ME 5 MINUTES
Typical Lifecycle of Brand Impressions &
          Visits Prior To Conversion
#1 Mention on Facebook             #2 Visit from Tweeted Link




                                #4 Video from Search query


                                                             #5 Brand from Search query
#3 Pictures from Search query




                            Conversion
Typical Lifecycle of Brand Impressions &
Visits Prior To Conversion
#1 Mention on Facebook             #2 Visit from Tweeted Link



  Q: Which of these channels should
     get the credit for conversion?
                                #4 Video from Search query


                                                             #5 Brand from Search query
#3 Pictures from Search query

   A: Probably all of them, but that´s
   not how analytics tools measure.
But is Nearly Useless By Itself




             Via http://www.seomoz.org/blog/4-essential-seo-infographics
http://blog.eloqua.com/the-content-grid-v2
SO YOU CAN´T TRACK IT…..
     OR CAN YOU?
RULE #1
ROI IS A BUSINESS METRIC, NOT A MEDIA METRIC

RULE #2
ROI STANDS FOR RETURN ON INVESTMENT. PERIOD.

RULE #3
EVERY VARIABLE YOU INCLUDE HAS A VALUE
#1 ESTABLISH A BASELINE
#2 CREATE ACTIVITY LINE
#3 MONITOR VOLUMES (MENTIONS)
#4 LOOK AT TRANSACTIONAL DATA
#5 OVERLAY ALL DATA ON A SINGLE
TIMELINE
#6 LOOK FOR PATTERNS
Matched Market Analysis


• Measures narrow market level activities
     • Markets, regions
• Uses “test” and “control” cells that are
  statistically matched to ensure same sales
  behavior of the product in the markets
• Proven methodology
Increasingly CPG Companies
are Using Social Media to Measurably Drive Sales
What CPG brands look for
in credible sales & ROI measurement
• Actual offline sales data – not just purchase
  intent
• Ability to measure sales lift/incremental sales
• Able to isolate campaign impact through
  statistically valid and industry proven
  methodologies
• Projectable to a larger campaign or roll-out
  universe
• 3rd party validation
Matched Market Analysis –
     Why it can work for Social Media Analysis
Offline & Facebook conversations are sufficiently geo concentrated

           OFFLINE                        FACEBOOK
Key Takeaways
1. Large marketers, like CPGs, are increasingly demanding that
   social marketing spend is accountable
2. ROI is a financial metric
3. Deliver ROI by approaching social marketing with a direct
   response mindset
4. Track volume, time, and location of campaign
   impressions, then correlate with actual transaction data
5. Work with 3rd party analytics providers, internal analytics
   teams, & industry experts to use methods like matched
   market analysis, marketing mix modeling
…Or stick With The Social Media Metrics
 • Traffic data - how many visits and visitors did social
   drive to our sites?

 • Fan/follower data - how many people are in our
   various networks and how are they growing?

 • Social interaction data - how are people interacting
   with, sharing and re-sharing our content on social
   networks?

 • Social content performance - how is the content
   we're producing on social sites performing?
Twitter
                         T
                       Metrics
• Followers (and follower growth over time) - the unique
  number of Twitter users who've "followed" my account
• @ Replies - the number of tweets sent that begin with
  my account name
• @ Mentions - a tweet that includes my account
  name, but uses it inside the tweet
• Brand Mentions - tweets that contain the
  brand/account name but don't use the @ symbol
• Best Performing Content - the content I shared on
  Twitter that earned the most clicks, retweets and
  shares.
LinkedIN
                              Metrics

#1 Company Page         #2 Unique visitors      #3: Growh of Followers




#4: Views         #5: Appearances' in Search   #6: Site´s Source Traffic
                                                  Google Analyics
Twitter Monitoring Tools
Twitter Audit
Online recruitment seminar 2011 social media roi herwin wevers
Online recruitment seminar 2011 social media roi herwin wevers
Online recruitment seminar 2011 social media roi herwin wevers
Online recruitment seminar 2011 social media roi herwin wevers

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Online recruitment seminar 2011 social media roi herwin wevers

  • 1. SOCIAL MEDIA MEASUREMENT Pan European Online Recruitment Seminar
  • 2. Social Media Marketing Herwin Wevers Facebook.com/WebBoomm Linkedin.com/in/WebBoomm WebBoomm.com/nl Twitter.com/HerwinWevers
  • 3.
  • 4. Trend #8 Possible? What are we measuring? NO YES •Look for Correlations •Matched Market Analysis •Social Media Metrics
  • 5. Brand metrics are still the most common things to measure
  • 6. Although budgets are rising, the ROI question is still not answered
  • 7.
  • 8. BOSS: HOW MANY FRIENDS DO YOU HAVE? SECRETARY: 3978 BOSS: WOW. OUR BIGGEST COMPETITOR ONLY HAS 876 BOSS: HOW LONG DOES THAT TAKE? SECRETARY: ONE MONTH SIR BOSS: CAN YOU CREATE AND MAINTAIN OUR COMPANY PAGE? SECRETARY: SURE. GIVE ME 5 MINUTES
  • 9.
  • 10.
  • 11.
  • 12. Typical Lifecycle of Brand Impressions & Visits Prior To Conversion #1 Mention on Facebook #2 Visit from Tweeted Link #4 Video from Search query #5 Brand from Search query #3 Pictures from Search query Conversion
  • 13. Typical Lifecycle of Brand Impressions & Visits Prior To Conversion #1 Mention on Facebook #2 Visit from Tweeted Link Q: Which of these channels should get the credit for conversion? #4 Video from Search query #5 Brand from Search query #3 Pictures from Search query A: Probably all of them, but that´s not how analytics tools measure.
  • 14. But is Nearly Useless By Itself Via http://www.seomoz.org/blog/4-essential-seo-infographics
  • 16. SO YOU CAN´T TRACK IT….. OR CAN YOU?
  • 17.
  • 18. RULE #1 ROI IS A BUSINESS METRIC, NOT A MEDIA METRIC RULE #2 ROI STANDS FOR RETURN ON INVESTMENT. PERIOD. RULE #3 EVERY VARIABLE YOU INCLUDE HAS A VALUE
  • 19.
  • 20.
  • 21.
  • 22.
  • 23. #1 ESTABLISH A BASELINE
  • 25. #3 MONITOR VOLUMES (MENTIONS)
  • 26. #4 LOOK AT TRANSACTIONAL DATA
  • 27. #5 OVERLAY ALL DATA ON A SINGLE TIMELINE
  • 28. #6 LOOK FOR PATTERNS
  • 29. Matched Market Analysis • Measures narrow market level activities • Markets, regions • Uses “test” and “control” cells that are statistically matched to ensure same sales behavior of the product in the markets • Proven methodology
  • 30. Increasingly CPG Companies are Using Social Media to Measurably Drive Sales
  • 31. What CPG brands look for in credible sales & ROI measurement • Actual offline sales data – not just purchase intent • Ability to measure sales lift/incremental sales • Able to isolate campaign impact through statistically valid and industry proven methodologies • Projectable to a larger campaign or roll-out universe • 3rd party validation
  • 32. Matched Market Analysis – Why it can work for Social Media Analysis Offline & Facebook conversations are sufficiently geo concentrated OFFLINE FACEBOOK
  • 33. Key Takeaways 1. Large marketers, like CPGs, are increasingly demanding that social marketing spend is accountable 2. ROI is a financial metric 3. Deliver ROI by approaching social marketing with a direct response mindset 4. Track volume, time, and location of campaign impressions, then correlate with actual transaction data 5. Work with 3rd party analytics providers, internal analytics teams, & industry experts to use methods like matched market analysis, marketing mix modeling
  • 34. …Or stick With The Social Media Metrics • Traffic data - how many visits and visitors did social drive to our sites? • Fan/follower data - how many people are in our various networks and how are they growing? • Social interaction data - how are people interacting with, sharing and re-sharing our content on social networks? • Social content performance - how is the content we're producing on social sites performing?
  • 35.
  • 36.
  • 37. Twitter T Metrics • Followers (and follower growth over time) - the unique number of Twitter users who've "followed" my account • @ Replies - the number of tweets sent that begin with my account name • @ Mentions - a tweet that includes my account name, but uses it inside the tweet • Brand Mentions - tweets that contain the brand/account name but don't use the @ symbol • Best Performing Content - the content I shared on Twitter that earned the most clicks, retweets and shares.
  • 38. LinkedIN Metrics #1 Company Page #2 Unique visitors #3: Growh of Followers #4: Views #5: Appearances' in Search #6: Site´s Source Traffic Google Analyics
  • 40.
  • 41.