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July 8, 2010, Social Media Marketing 2010, Maria Ogneva Social Media Measurement and Monitoring: A Primer Everything You Need To Know: A Noob or A Pro Thursday, July 8, 2010

Actionable Insights From Social Media Monitoring and Measurement

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Maria Ogneva - Director of Social Media Attensity at Social Media Marketing 2010 (San Francisco) talks through social media measurement and monitoring and how to optimize the time you spend doing it. How to set goals, what metrics to track, and how to make sense of unstructured data for insight-driven strategies. Evaluate monitoring solutions, what to listen for, best practices for engagement, how to defend from competitors and how to structure insights that drive product development, pricing, and messaging decisions.

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Page 1: Actionable Insights From Social Media Monitoring and Measurement

July 8, 2010, Social Media Marketing 2010, Maria Ogneva

Social Media Measurement and Monitoring: A Primer

Everything You Need To Know: A Noob or A Pro

Thursday, July 8, 2010

Page 2: Actionable Insights From Social Media Monitoring and Measurement

Questions For You!

Do you monitor or measure social media?

What is the difference of monitoring vs. measurement?

Thursday, July 8, 2010

Page 3: Actionable Insights From Social Media Monitoring and Measurement

Monitoring vs. Measuring

Measurement

Shows you what happened

Metric during a time period

Purpose: to recap, compare, take a snapshot

Monitoring

Continual tracking

Realtime / near realtime

Purpose: to get involved, engage

Thursday, July 8, 2010

Page 4: Actionable Insights From Social Media Monitoring and Measurement

Why Measure?

photo source: http://www.flickr.com/photos/-skipper-/4033304182/

If you don’t know where you are...

how will you get anywhere?

Thursday, July 8, 2010

Page 5: Actionable Insights From Social Media Monitoring and Measurement

Why Monitor?

photo source: http://www.flickr.com/photos/mogwai_83/3022261893/Thursday, July 8, 2010

Page 6: Actionable Insights From Social Media Monitoring and Measurement

Monitoring

Thursday, July 8, 2010

Page 7: Actionable Insights From Social Media Monitoring and Measurement

What’s Your End Goal?

Thursday, July 8, 2010

Page 8: Actionable Insights From Social Media Monitoring and Measurement

Don’t Get Swallowed Up

photo source: http://www.flickr.com/photos/chantrybee/1053475778/

Volume is staggering

Many channels

SM is global

Low signal-to-noise ratio

http://www.flickr.com/photos/9080018@N07/1079598181/

Thursday, July 8, 2010

Page 9: Actionable Insights From Social Media Monitoring and Measurement

You Need A Plan

Triage

Route, involve others

Track & measure

Alerts

Dashboard

Thursday, July 8, 2010

Page 10: Actionable Insights From Social Media Monitoring and Measurement

Do You Triage?

Influencer analytics

Triage

Sentiment Message Type Content

Thursday, July 8, 2010

Page 11: Actionable Insights From Social Media Monitoring and Measurement

LARA: Listen, Analyze, Relate, Act

Hotelhardship

refund policy?Email

Service issuetweet

Thinking ofsuing post

“hardshiprefund” emailresponse auto-generated

Automaticallyrouted to legalfor review

Responses canbe reviewed byagent beforesending

AttensityRespond

Attensity“reads” textand extractsautomatedknowledgeabout what

the documentis saying

PeoplePlacesEventsTopics

Sentiment…

Routed toCustomerService forFollow-up andResolution

Automaticallyrouted to salesto share optionswith thecustomer

Consideringpurchase

post

Thursday, July 8, 2010

Page 12: Actionable Insights From Social Media Monitoring and Measurement

Measurement

Thursday, July 8, 2010

Page 13: Actionable Insights From Social Media Monitoring and Measurement

Just ‘Cause You Can Measure It...

http://www.flickr.com/photos/87919923@N00/1976880927/

...Doesn’t mean you should!

Thursday, July 8, 2010

Page 14: Actionable Insights From Social Media Monitoring and Measurement

What Are The Right Metrics?

Organizational Objectives:Stakeholders & Their Priorities

Social Media Objectives:Awareness? Engagement? Traffic? Conversion?

Customer Satisfaction? Sales? Research?

Only Then... Set Metrics

Thursday, July 8, 2010

Page 15: Actionable Insights From Social Media Monitoring and Measurement

Objective: Awareness, SOV

56%22%

22%

Honda PilotGMC AcadiaChevy Traverse

SentimentShare of voice Trend Discovery

Phrase clouds

Text analysis

Against competitorsOn a trendline

Against competitorsby channel

Positive NegativeNeutral Mixed

0

25

50

75

100

Jan Feb March April

Thursday, July 8, 2010

Page 16: Actionable Insights From Social Media Monitoring and Measurement

Objective: Traffic

photo source:: http://www.flickr.com/photos/85625337@N00/303641730/

Thursday, July 8, 2010

Page 17: Actionable Insights From Social Media Monitoring and Measurement

Objective: Conversion

SM Interaction Site visit Conversion

SaleSignup

Track sourcesConversationClick Link

Thursday, July 8, 2010

Page 18: Actionable Insights From Social Media Monitoring and Measurement

Objective: Engagement

commentsfeed subscribers

pingbacks, inbound linksdownloads, shares,

reblogs, etc

RTs@replies

DMscustom hashtags

likescomments

fansshares

wall posts

Thursday, July 8, 2010

Page 19: Actionable Insights From Social Media Monitoring and Measurement

Objective: Research, Product

CustomersCompetitorsIndustry

Sentiment analysisWhat’s driving itSemantic analysis

Thursday, July 8, 2010

Page 20: Actionable Insights From Social Media Monitoring and Measurement

Discovery: Analysis of Compliments

Thursday, July 8, 2010

Page 21: Actionable Insights From Social Media Monitoring and Measurement

Dig Deeper

Thursday, July 8, 2010

Page 22: Actionable Insights From Social Media Monitoring and Measurement

Discovery: Analysis of Complaints

Thursday, July 8, 2010

Page 23: Actionable Insights From Social Media Monitoring and Measurement

Digging Deeper

Thursday, July 8, 2010

Page 24: Actionable Insights From Social Media Monitoring and Measurement

CustomerCase Study

Thursday, July 8, 2010

Page 26: Actionable Insights From Social Media Monitoring and Measurement

Platform Selection

Thursday, July 8, 2010

Page 27: Actionable Insights From Social Media Monitoring and Measurement

Selecting Your Platform

Monitoring? Measurement? Engagement?OR OR

YES!

Thursday, July 8, 2010

Page 28: Actionable Insights From Social Media Monitoring and Measurement

Platform Selection: Budget

Free? Premium?

more hackingfewer sourceslimited historyfewer metrics

source:: http://stevefarnsworth.wordpress.com/2010/03/16/20-free-social-media-monitoring-tools-to-find-your-brand’s-social-mentions/

less hackingmore sourceswider historymore metrics

Thursday, July 8, 2010

Page 29: Actionable Insights From Social Media Monitoring and Measurement

Platform Selection: Ease Of Use

Time commitmentEase of useAutomationSentimentAlertsAdvanced analyticsSPAM filter

Thursday, July 8, 2010

Page 30: Actionable Insights From Social Media Monitoring and Measurement

Platform Selection: Data

Blogs? Microblogs? Discussion boards?OR OR

YES!

Online News? Videos? Photos?OR OR

Thursday, July 8, 2010

Page 31: Actionable Insights From Social Media Monitoring and Measurement

Platform Selection: Building Topics

Topics are the building blocks

Garbage in -> garbage outbut...

photo sources: http://www.flickr.com/photos/grantmac/2578109298/http://www.flickr.com/photos/85941395@N00/2191292080/

Thursday, July 8, 2010

Page 32: Actionable Insights From Social Media Monitoring and Measurement

Platform Selection: Metrics & Reports

What are your KPIs (see slide 9)?

How often is data updated? Realtime?

Which reports can you build? How can

you share?

Thursday, July 8, 2010

Page 33: Actionable Insights From Social Media Monitoring and Measurement

Platform Selection: Engagement

http://www.flickr.com/photos/katie_made_me_do_it/4341628049/sizes/l/in/photostream/

How easy to engage?Engage from the app?Keep record?Rate to customer social data to internal record?Routing?Deep text analytics?Workflow?Everyone on same page?

Thursday, July 8, 2010

Page 34: Actionable Insights From Social Media Monitoring and Measurement

Platform Selection: Languages

photo source: http://www.flickr.com/photos/shawnecono/149172094/

Thursday, July 8, 2010

Page 35: Actionable Insights From Social Media Monitoring and Measurement

Questions?

Thank you for your attention and participation!

Contact info:

Maria Ogneva, Director of Social Media, Attensity

@themaria @attensity360 @attensity

http://attensity.com

mogneva (at) attensity (dot) comThursday, July 8, 2010