"Driving Measurable Results with the Science of Engagement" as presented by Tarah Feinberg, Head of Live Media Studio, iCrossing, and Ben Elowitz, CEO of Wetpaint, at the WOMMA Summit in Las Vegas on November 18, 2011.
6. CONTENT OVERLOAD, EVERYDAY!
• 4 billion pieces of content shared on Facebook
• 3 billion searches
• 2 billion video views on YouTube
• 70 million tweets
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7. WE’RE NOT SURE HOW (WHAT) TO MEASURE
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8. LACK OF FORMAL, MEASURABLE
ENGAGEMENT BEST PRACTICES
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9. But what about the
opportunities?
UNLOCK THE POWER OF SOCIAL MEDIA TO DRIVE RESULTS
10. What if social media could!
• Drive traffic
• Increase reach / create social inventory
• Increase conversions
• Drive audience development and insights
• Provide CRM
• Fuel new content ideas and products
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11. The path forward
BUSINESS
VALUE!
EXECUTION &
OPTIMIZATION! MEASUREMENT &
PERFORMANCE
FOUNDATION ANALYSIS
FOR SUCCESS! EDITORIAL
PROGRAMMING &
ENGAGEMENT
GOVERNANCE, BEST PRACTICES
INSIGHTS,
STRATEGY &
TRAINING
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12. Social media success starts with
the right foundation
BUILDING A FOUNDATION WITH
GOVERNANCE, STRATEGY & TRAINING
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13. GOVERNANCE
The Playbook!
• Rules of engagement
• Best practices
• Moderation
• Escalation
• Localization
• Permissioning
• Scalability
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14. AGILE STRATEGY
Gather insights
Evaluate Prioritize strategic
performance opportunities
Publish & Develop editorial &
Propagate engagement plan
Produce content
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15. TRAINING
Beyond the basics, does your social media manager know
how to!
• Optimize for EdgeRank
• Utilize analytics to drive engagement decisions
• Build, Engage, Influence and Amplify an audience or
audience segments
• Maximize visibility and traffic through key practices
like day-parting
• Conduct influencer outreach for audience extension
and link building
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16. There is a better way to execute
(and optimize)
DATA AND INSIGHTS-DRIVEN
CONTENT STRATEGY & ENGAGEMENT BEST PRACTIECS
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21. BIG BOX RETAILER AS PUBLISHER?
• FB Audience: Females 25-34 in metropolitan areas:
Dallas, New York, Seattle, Chicago, Los Angeles,
San Francisco; 70% college educated; 72% married
• FB “verified circ”: 200,000 daily active Fans
(readers & active participants)
• FB Total reach: 6 million monthly post impressions
• Sellable inventory on FB: Wall posts/takeovers,
Live events, polls, Q&A’s, sponsored videos
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22. Unlocking business value: don’t
count your social media metrics
MEASUREMENT & ANALYSIS
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23. WHAT ARE THE RIGHT METRICS?
• Fans
• Likes
• Re-tweets
• Comments
Are these good
• Shares
metrics?
• Views
• Referral traffic (segmented by post? By audience?)
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24. DEVELOP MEASUREMENT STRATEGY
KPI’s
REACH TRAFFIC EXTENSION
Leading Indicators AWARENESS ACTION ADVOCACY
(Metric Categories)
AMOUNT PUBLISHED & OPTIMAL
PRODUCED PROPAGATED EFFICIENCY
Internal KPI’s
(Content Process)
Short-term Long-term
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25. TEST, LEARN, ITERATE
• Define tests to assess the validity of social media metrics
against your KPI’s (should you care about number of Fans or
just % active fans? Do certain social metrics impact other
channels more than others?)
• Refine social media executions based on testing
• Formalize best practices out of performance findings
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26. Case Study
SOUNDS GREAT, DOES IT WORK?
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27. BILLBOARD.COM
SITUATION
• Goals: increase traffic & time
spent on-site
• Facebook & Twitter #14 and 24
referrers
RESULTS
• Doubled traffic in 4 months all
through earned, organic
social media traffic
• Social visitors spent 4.2X time
on site as search referrals
• Facebook & Twitter became
the #2 and 4 top referrers
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28. $120M in deposits driven from
visible search and social synergy
- Financial Services Provider
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29. 48 million earned media--
branded content-- impressions generated
from just 140,000 daily active fans
- Big Box Retailer
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30. 4.2 million new unique website
visitors earned from distributing and sharing
content with new audiences through
community development and outreach
- Major Entertainment Brand
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31. 23% higher order value
from customers engaged with branded
content across social channels– and 30%
higher click-through on paid media
- Apparel Retailer
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32. KEY TAKE-AWAYS
• Set a foundation for success with governance, strategy
and training
• Take a data-driven approach to execution; utilize insights
for content development and publishing, cultivate
performance-driving best practices for engagement
• Develop a measurement strategy, test learn and repeat
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33. THANK YOU!
Tarah Feinberg
Head of Live Media Studio
@TarahFO | tarah.feinberg@icrossing.com
34. The Art & Science of Engagement
Ben Elowitz
Wetpaint CEO
Digital Media Blog: http://digitalquarters.net
Twitter: @elowitz