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DRIVING MEASURABLE RESULTS
WITH THE SCIENCE OF ENGAGEMENT
                                Tarah Feinberg
                    Head of Live Media Studio
       @TarahFO | tarah.feinberg@icrossing.com
The question is…
CAN SOCIAL MEDIA DRIVE REAL BUSINESS VALUE FOR
                                   MARKETERS?
Yes.
BUT LET’S ACKNOWLEDGE SOME OF THE CHALLENGES…
DISINTERMEDIATION




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL   4
DISINTERMEDIATION




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL   5
CONTENT OVERLOAD, EVERYDAY…


    •  4 billion pieces of content shared on Facebook

    •  3 billion searches

    •  2 billion video views on YouTube

    •  70 million tweets




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL      6
WE’RE NOT SURE HOW (WHAT) TO MEASURE




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL   7
LACK OF FORMAL, MEASURABLE
 ENGAGEMENT BEST PRACTICES




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL   8
But what about the
                   opportunities?
UNLOCK THE POWER OF SOCIAL MEDIA TO DRIVE RESULTS
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


COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL   10
The path forward


                                                                        BUSINESS
                                                                         VALUE!
                                                     EXECUTION &
                                                     OPTIMIZATION!     MEASUREMENT &
                                                                       PERFORMANCE
        FOUNDATION                                                     ANALYSIS
        FOR SUCCESS!                                  EDITORIAL
                                                      PROGRAMMING &
                                                      ENGAGEMENT
           GOVERNANCE,                                BEST PRACTICES
           INSIGHTS,
           STRATEGY &
           TRAINING




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                                     11
Social media success starts with
                the right foundation
                                          BUILDING A FOUNDATION WITH
                                        GOVERNANCE, STRATEGY & TRAINING




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                        12
GOVERNANCE

    The Playbook…


    •      Rules of engagement
    •      Best practices
    •      Moderation
    •      Escalation
    •      Localization
    •      Permissioning
    •      Scalability


COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL   13
AGILE STRATEGY

                                                      Gather insights




                                          Evaluate                      Prioritize strategic
                                        performance                       opportunities




                                          Publish &                      Develop editorial &
                                          Propagate                      engagement plan



                                                       Produce content




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                                             14
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




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL             15
There is a better way to execute
                  (and optimize)
                             DATA AND INSIGHTS-DRIVEN
                   CONTENT STRATEGY & ENGAGEMENT BEST PRACTIECS




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                16
EDITORIAL PROGRAMMING
                     AUDIENCE
                     SEGMENT
                  SEARCH & SOCIAL
                 INFORMED THEMES

                                                     AUDIENCE TECHNOGRAPHICS & CHANNELS




                                          FORMATS
                  TOPICS




                                                                  AWARENESS
                                                                 CONSIDERATION
                                        RATIONALE                 PREFERENCE
                                                                    ACTION
                                                                   ADVOCACY




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                                        17
AUDIENCE
 MANAGEMENT


      Processes and practices for…


      •      Real-time research
      •      Analysis
      •      Planning
      •      Publishing
      •      Propagating
      •      Engaging
      •      Reporting


COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL   18
AUDIENCE MANAGEMENT BEST PRACTICES


      •  Balanced Diet
      •  EdgeRank
                                                     Reach = Friends of Fans
         optimization                                    (Impressions)
      •  A/B testing
      •  Day-parting
      •  Engagement
         primetime                                          # Daily
                                                          Active Fans
      •  Audience
         segmentation


COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                             19
TALENT + TECHNOLOGY




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL   20
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


COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL          21
Unlocking business value: don’t
           count your social media metrics
                                                     MEASUREMENT & ANALYSIS




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                            22
WHAT ARE THE RIGHT METRICS?


            •       Fans
            •       Likes
            •       Re-tweets
            •       Comments
                                                          Are these good
            •       Shares
                                                              metrics?
            •       Views
            •       Referral traffic (segmented by post? By audience?)




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                         23
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




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                                         24
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




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                   25
Case Study
                                           SOUNDS GREAT, DOES IT WORK?




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                       26
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


COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL   27
$120M in deposits driven from
                        visible search and social synergy
                                                     - Financial Services Provider




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                                   28
48 million earned media--
        branded content-- impressions generated
           from just 140,000 daily active fans
                                                     - Big Box Retailer




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                        29
4.2 million new unique website
   visitors earned from distributing and sharing
        content with new audiences through
      community development and outreach
                                                     - Major Entertainment Brand




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                                 30
23% higher order value
        from customers engaged with branded
       content across social channels– and 30%
           higher click-through on paid media
                                                     - Apparel Retailer




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                        31
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




COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL                  32
THANK YOU!

                          Tarah Feinberg
               Head of Live Media Studio
@TarahFO | tarah.feinberg@icrossing.com

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WOMMA Summit: Driving Measurable Results with the Science of Engagement

  • 1. DRIVING MEASURABLE RESULTS WITH THE SCIENCE OF ENGAGEMENT Tarah Feinberg Head of Live Media Studio @TarahFO | tarah.feinberg@icrossing.com
  • 2. The question is… CAN SOCIAL MEDIA DRIVE REAL BUSINESS VALUE FOR MARKETERS?
  • 3. Yes. BUT LET’S ACKNOWLEDGE SOME OF THE CHALLENGES…
  • 4. DISINTERMEDIATION COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 4
  • 5. DISINTERMEDIATION COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 5
  • 6. CONTENT OVERLOAD, EVERYDAY… •  4 billion pieces of content shared on Facebook •  3 billion searches •  2 billion video views on YouTube •  70 million tweets COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 6
  • 7. WE’RE NOT SURE HOW (WHAT) TO MEASURE COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 7
  • 8. LACK OF FORMAL, MEASURABLE ENGAGEMENT BEST PRACTICES COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 8
  • 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 COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 10
  • 11. The path forward BUSINESS VALUE! EXECUTION & OPTIMIZATION! MEASUREMENT & PERFORMANCE FOUNDATION ANALYSIS FOR SUCCESS! EDITORIAL PROGRAMMING & ENGAGEMENT GOVERNANCE, BEST PRACTICES INSIGHTS, STRATEGY & TRAINING COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 11
  • 12. Social media success starts with the right foundation BUILDING A FOUNDATION WITH GOVERNANCE, STRATEGY & TRAINING COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 12
  • 13. GOVERNANCE The Playbook… •  Rules of engagement •  Best practices •  Moderation •  Escalation •  Localization •  Permissioning •  Scalability COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 13
  • 14. AGILE STRATEGY Gather insights Evaluate Prioritize strategic performance opportunities Publish & Develop editorial & Propagate engagement plan Produce content COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 14
  • 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 COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 15
  • 16. There is a better way to execute (and optimize) DATA AND INSIGHTS-DRIVEN CONTENT STRATEGY & ENGAGEMENT BEST PRACTIECS COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 16
  • 17. EDITORIAL PROGRAMMING AUDIENCE SEGMENT SEARCH & SOCIAL INFORMED THEMES AUDIENCE TECHNOGRAPHICS & CHANNELS FORMATS TOPICS AWARENESS CONSIDERATION RATIONALE PREFERENCE ACTION ADVOCACY COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 17
  • 18. AUDIENCE MANAGEMENT Processes and practices for… •  Real-time research •  Analysis •  Planning •  Publishing •  Propagating •  Engaging •  Reporting COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 18
  • 19. AUDIENCE MANAGEMENT BEST PRACTICES •  Balanced Diet •  EdgeRank Reach = Friends of Fans optimization (Impressions) •  A/B testing •  Day-parting •  Engagement primetime # Daily Active Fans •  Audience segmentation COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 19
  • 20. TALENT + TECHNOLOGY COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 20
  • 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 COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 21
  • 22. Unlocking business value: don’t count your social media metrics MEASUREMENT & ANALYSIS COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 22
  • 23. WHAT ARE THE RIGHT METRICS? •  Fans •  Likes •  Re-tweets •  Comments Are these good •  Shares metrics? •  Views •  Referral traffic (segmented by post? By audience?) COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 23
  • 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 COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 24
  • 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 COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 25
  • 26. Case Study SOUNDS GREAT, DOES IT WORK? COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 26
  • 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 COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 27
  • 28. $120M in deposits driven from visible search and social synergy - Financial Services Provider COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 28
  • 29. 48 million earned media-- branded content-- impressions generated from just 140,000 daily active fans - Big Box Retailer COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 29
  • 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 COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 30
  • 31. 23% higher order value from customers engaged with branded content across social channels– and 30% higher click-through on paid media - Apparel Retailer COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 31
  • 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 COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL 32
  • 33. THANK YOU! Tarah Feinberg Head of Live Media Studio @TarahFO | tarah.feinberg@icrossing.com