2. • Traditional media vs. social media
rules, metrics
• Three steps for measuring social
media
• Example: measuring Twitter
2
3. Not only are the technologies new,
but the metrics are as well.
--Online Media and Marketing Association Metrics and Measurement program, June 2009
3
4. Two different types of communities
A traditional news org website
has content
that it distributes
to people
who are
in the same
geography
4
5. Two different types of communities
A traditional news org website A social media service
has content
that it distributes
to people
who are
in the same
geography
4
6. Two different types of communities
A traditional news org website A social media service
has content serves participants
that it distributes
to people
who are
in the same
geography
4
7. Two different types of communities
A traditional news org website A social media service
has content serves participants
that it distributes who
to people
who are
in the same
geography
4
8. Two different types of communities
A traditional news org website A social media service
has content serves participants
that it distributes who
to people -- group
-- have themselves
who are the same
in the same interests
geography
4
9. Two different types of communities
A traditional news org website A social media service
has content serves participants
that it distributes who
to people -- group
-- have themselves
who are the same
in the same interests -- contribute
geography content
-- have
conversations
4
10. Types of social media channels
Sharing
Networking
News
Bookmarking
Reviews
-- “Five essentials for social media marketing,” by Lisa Wehr, CEO/Oneupweb, iMedia Connection, July 17, 2009
5
11. Social media:
a constant stream of calls to action
Brands earn the trust and loyalty of
their customers by listening and
responding.
--”The Maturation of Social Media ROI,” by Brian Solis, Mashable, Jan. 26, 2010
6
12. Social media:
a constant stream of calls to action
Brands earn the trust and loyalty of
their customers by listening and
responding.
--”The Maturation of Social Media ROI,” by Brian Solis, Mashable, Jan. 26, 2010
...the true value of a network
is measured
by the frequency of engagement
of the participants.
-- Interactive Advertising Bureau Social Media Ad Metrics Definitions, May 2009
6
13. Social media rules
1. Listen
2. Engage
3. Measure
• Audience
• Engagement
• Loyalty
• Influence
• Action
Metrics should map to goals. Period.
From “What the **** is Social Media - One Year Later,” Marta Kagan, Espresso|Brand Infiltration, July 16, 2009. Some explicit words.
7
14. Step 1: Define the R
R OI eturn n nvestment
and
R OO eturn n bjectve
“What is it that we want
to change, improve, accomplish, incite....?”
--”The Maturation of Social Media ROI,” by Brian Solis, Mashable, Jan. 26, 2010
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16. Understand the limitations of your data sources
The Facebook ad
application only
gives you people on
Facebook who filled
out the form.
You don’t know
how many:
didn’t give details
or
updated their status
or
told the truth
or
aren’t in Facebook
or...
10
17. Step 3: Identify the Key Performance Indicators,
the data you need to make decisions
Define success/failure with KPIs that indicate participation, engagement.
Use ratios, percents - not counts.
• Content: comments/post; bounce rate; percent positive/negative
• Twitter: PVs/URL; tweets/influencer; retweets/tweet
• Facebook: Percent of fans in target audience; discussion topics/influencer; wall
posts/fan
• Photos/slideshows: percent of show viewed; percent of target audience who
posted; comments/slideshow
• Videos: views/UV; percent of UVs who rated
• Attitudes: transparency; trust; are you adding value to the conversation?
11
18. Advertisers want
proof of audience, participation
• Targeted audience reach, frequency
• Audience profile
• Unique visitors, active users; page views; visits, return visits; time spent
• Growth; “conversation reach”
• Content relevance
• Author (journalists, others) credibility; content freshness; influence
• Calls to action answered
• Passive: downloads; games played; videos viewed; alerts subscribed/
unsubscribed; widgets installed
• Info submitted: comments posted; topics/forums created; photos, videos
uploaded; poll votes; ratings, reviews, recommendations; contests entered
• Interaction: friends reached; in/out links; reposts
Derived from Interactive Advertising Bureau Social Media Ad Metrics Definitions, May 2009
12
20. Analyze your follower profiles
to assess their likelihood of engagement
Do your followers identify with your keywords?
14
21. Followers
Look for influencers
Review reach, churn,
following/follower ratio
15
22. The perfect (measurable) Tweet
• A call to action to participate, engage with you
Look at this. Go here. What do you think?
• A link
To get news, information
Tweets are now a primary news source,
the new home page
To respond to the call to action
• A #hashtag and/or keywords
• Handle specific to person/topic
• A comment
16
23. “Perfect” tweets are less than 120 characters
RT/via @handle + call to action/comment + link + #hashtag
100 characters 111 characters Watch handle,
hashtag sizes
Lost the link
17
24. Analyze content
Review hashtags,
keywords, sentiment,
problems, conversations
that connect people
18
25. Are you part of the conversation
in real-time web signaling events?
“When a burst of tweets citing a particular subject
or URL emerges, it’s a signaling event.”
--Rishab Ghosh, co-founder of Topsy, a search engine for tweets, in “Live in the Moment,”
by Clive Thompson, Wired magazine, October 2009
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