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Measuring Your Social Media
Success
A Note on Links      http://bit.ly/klickpharma




  http://bit.ly/klickpharma

  http://klickpharma.com
What is Social Media?
What is social media?

     “Social media is information content
   created by people using highly accessible
  and scalable publishing technologies. At its
  most basic sense, social media is a shift in
  how people discover, read and share news,
          information and content.”
In the future…




   All Media will be Social.
Social =




           Sharing.
Conversation Prism   http://bit.ly/klick-conversation
Why use social media?
The ‘charity’ perspective




   Fundraising   Membership   Awareness
Conversion funnel



                    Acquisition

                    Engagement

                    Retention
Conversion Funnel




    Endorse
The Cluetrain Manifesto   http://amzn.to/klick-cluetrain
The Cluetrain Manifesto


                      Markets are conversations



95Thesis
                    Hyperlinks subvert hierarchy
                 Connection between markets & orgs
                     Orgs entering marketplace
                      Marketing & org response
              Intranets and impact on control/structure
                Connecting marketplace and intranets
                      New market expectations
Who uses social media?
Groundswell   http://amzn.to/klick-groundswell
Social Technographics                          http://slidesha.re/klick-technographics




                                                                              18%
Creators Publish blogs, upload videos and photos, etc.
Critics Post ratings, reviews, and comments, use forums                 29%


Collectors Use RSS feeds, add tags, vote                         17%


Joiners Maintain profiles, visit social nets              57%


Speculators Read blogs, watch, view                 64%


Inactives None of the above                  21%
Strategy vs. Tactic




   Vision > Mission > Strategy > Tactics
Beth Kanter   http://slidesha.re/klick-50 • http://slidesha.re/klick-50more
Measuring Social Media
Define your KPIs

                   • What are you measured on?
                   • What do you consider to be
                     success?
                   • How do you translate
                     between them?
It’s all about…



          Conversation &
           Engagement
Practical KPIs: Engagement & Volume

• Like
   • Facebook Like, Twitter Followers, Email subscriptions,
     bookmarks, marking favourites, etc.
• Interact
   • Register (new/total/active), print page, key page activities
     (custom tracking), star/number ratings, wishlist,
     downloads, report posts, tagging, typical GA metrics
• Share
   • Send to friend (invite, refer, etc.), social share, install
     widget
• Create
   • Comments, posts, UGC, profile, uploads, etc.
Practical KPIs: Engagement & Volume




      Reach x Frequency
         Time Spent
Practical KPIs: Conversation


                •   Who is talking about us?
                •   What are they saying?
                •   When are they doing it?
                •   Where are they doing it?

                • How are we engaging?
Practical KPIs: Conversation




Sentiment & Ecosystem Size
Practical KPIs: Conversion



                • Conversion between steps
                • Total conversion
                • Customer Acquisition Cost
Measurement Challenges

•   Translating their stats to your KPIs
•   Measuring across the funnel
•   Measuring engagement vs. followers
•   Drowning in data (a.k.a. what to track and when)
•   Crossing the physical digital divide
Measurement: Twitter

• Tag all inbound links before you shorten
   •   utm_source
   •   utm_medium
   •   utm_campaign
   •   utm_content
• Use a URL shortener with analytics
• Klout and listening to find key influencers
Measurement: Facebook

•   Facebook Insights
•   Facebook Ads (if you can)
•   Tag inbound links if possible
•   Google Analytics on custom tabs
Measurement: Your Site

• Google Analytics
   • Custom tagging (trackPageview)
Keep it Personal




 It’s about more than lies,
damned lies, and statistics.
Your Challenges
@jaygoldman • facebook.com/jaygoldman • jgoldman@klick.com


THANK YOU

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Jay Goldman - Measuring your Social Media Success

  • 1. Measuring Your Social Media Success
  • 2. A Note on Links http://bit.ly/klickpharma http://bit.ly/klickpharma http://klickpharma.com
  • 3. What is Social Media?
  • 4. What is social media? “Social media is information content created by people using highly accessible and scalable publishing technologies. At its most basic sense, social media is a shift in how people discover, read and share news, information and content.”
  • 5. In the future… All Media will be Social.
  • 6. Social = Sharing.
  • 7. Conversation Prism http://bit.ly/klick-conversation
  • 8. Why use social media?
  • 9. The ‘charity’ perspective Fundraising Membership Awareness
  • 10. Conversion funnel Acquisition Engagement Retention
  • 11. Conversion Funnel Endorse
  • 12. The Cluetrain Manifesto http://amzn.to/klick-cluetrain
  • 13. The Cluetrain Manifesto Markets are conversations 95Thesis Hyperlinks subvert hierarchy Connection between markets & orgs Orgs entering marketplace Marketing & org response Intranets and impact on control/structure Connecting marketplace and intranets New market expectations
  • 14. Who uses social media?
  • 15. Groundswell http://amzn.to/klick-groundswell
  • 16. Social Technographics http://slidesha.re/klick-technographics 18% Creators Publish blogs, upload videos and photos, etc. Critics Post ratings, reviews, and comments, use forums 29% Collectors Use RSS feeds, add tags, vote 17% Joiners Maintain profiles, visit social nets 57% Speculators Read blogs, watch, view 64% Inactives None of the above 21%
  • 17. Strategy vs. Tactic Vision > Mission > Strategy > Tactics
  • 18. Beth Kanter http://slidesha.re/klick-50 • http://slidesha.re/klick-50more
  • 20. Define your KPIs • What are you measured on? • What do you consider to be success? • How do you translate between them?
  • 21. It’s all about… Conversation & Engagement
  • 22. Practical KPIs: Engagement & Volume • Like • Facebook Like, Twitter Followers, Email subscriptions, bookmarks, marking favourites, etc. • Interact • Register (new/total/active), print page, key page activities (custom tracking), star/number ratings, wishlist, downloads, report posts, tagging, typical GA metrics • Share • Send to friend (invite, refer, etc.), social share, install widget • Create • Comments, posts, UGC, profile, uploads, etc.
  • 23. Practical KPIs: Engagement & Volume Reach x Frequency Time Spent
  • 24. Practical KPIs: Conversation • Who is talking about us? • What are they saying? • When are they doing it? • Where are they doing it? • How are we engaging?
  • 26. Practical KPIs: Conversion • Conversion between steps • Total conversion • Customer Acquisition Cost
  • 27. Measurement Challenges • Translating their stats to your KPIs • Measuring across the funnel • Measuring engagement vs. followers • Drowning in data (a.k.a. what to track and when) • Crossing the physical digital divide
  • 28. Measurement: Twitter • Tag all inbound links before you shorten • utm_source • utm_medium • utm_campaign • utm_content • Use a URL shortener with analytics • Klout and listening to find key influencers
  • 29. Measurement: Facebook • Facebook Insights • Facebook Ads (if you can) • Tag inbound links if possible • Google Analytics on custom tabs
  • 30. Measurement: Your Site • Google Analytics • Custom tagging (trackPageview)
  • 31. Keep it Personal It’s about more than lies, damned lies, and statistics.
  • 33. @jaygoldman • facebook.com/jaygoldman • jgoldman@klick.com THANK YOU