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1 ROI VS Baseline Measurement ROI VS Baseline Measurement A Case Study on Why You Need Both

Social Media ROI from the Inside Out

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Most people think of social media tools as a function of marketing. Yet, social media is about two way communication and people connecting with people. In this presentation, you will see a different take on applying social media tools and strategy to internal communication challenges for Incept, a Canton Ohio-based contact center focused on blood donor recruitment. Significant return on investments (the real definition of ROI) have been seen in both revenue generation as well as reduced training and development costs.

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Page 1: Social Media ROI from the Inside Out

1

ROI VS Baseline MeasurementROI VS Baseline Measurement

A Case Study on Why You Need Both

Page 2: Social Media ROI from the Inside Out

2What is ROIWhat is ROI

Return On InvestmentReturn On InvestmentReturn On InvestmentReturn On Investment

the ratio of money gained or lost (whether realized or unrealized)

on an investment relative to the amount of money invested.

Page 3: Social Media ROI from the Inside Out

3Chris Penn on Social Media ROIChris Penn on Social Media ROI

Page 4: Social Media ROI from the Inside Out

4The Black BoxThe Black Box

Black Box $

$

Page 5: Social Media ROI from the Inside Out

5Case StudyCase Study

• Contact Center evolved into a Conversational Marketing Firm

• Canton Ohio

• Four months into our relationship

• Work in progress

• Contact Center evolved into a Conversational Marketing Firm

• Canton Ohio

• Four months into our relationship

• Work in progress

Page 6: Social Media ROI from the Inside Out

6Cost of Turnover for Call CentersCost of Turnover for Call Centers

• Up to 150% of someone’s annual salary

• Average call center turnover of 25%

• Up to 150% of someone’s annual salary

• Average call center turnover of 25%

100 employee call center = Average $250,000 100 employee call center = Average $250,000 in annual turnover costsin annual turnover costs

100 employee call center = Average $250,000 100 employee call center = Average $250,000 in annual turnover costsin annual turnover costs

Page 7: Social Media ROI from the Inside Out

7How Do We Address the ProblemHow Do We Address the Problem

Open lines of communication between management and rank and file employees

Facilitate and maximize organizational culture

Identify and empower your influencers - “Agent Zeros”

Increase organizational transparency

Expand the overall online presence

“Grow Bigger Ears”

Page 8: Social Media ROI from the Inside Out

8Sanity Process – Strategy BuildingSanity Process – Strategy Building

Facilitating consensus building on short & long term business objectives

Set baselines for measurement

Develop strategies that leverage social media tools

Select and train to social media tools

Build a Human Business Team

Page 9: Social Media ROI from the Inside Out

9Incept Business ObjectivesIncept Business Objectives

Internal Objectives for 2010Internal Objectives for 2010

Reduce employee turnover rate

Increase recruitment of new (targeted) CME’s

External Objectives for 2010External Objectives for 2010

Develop and train to a Business Development practice that targets National Blood Centers

Develop a Social Media Offering for National Blood Centers

Page 10: Social Media ROI from the Inside Out

10Measurable BaselinesMeasurable Baselines

Internal Baselines for 2010Internal Baselines for 2010

Increase employee satisfaction and engagement

Build and expand a fan base of active CME’s and potential recruits

External Baselines for 2010External Baselines for 2010

Increase opportunities in the business development pipeline

Reach EBIT Goal of $1 Million

Page 11: Social Media ROI from the Inside Out

11Social Media ToolsSocial Media Tools

Listening - GoogleListening - Google Dashboard Dashboard

Listening & Interaction - HootsuiteListening & Interaction - Hootsuite

User Benchmarking - TweetStatsUser Benchmarking - TweetStats

Page 12: Social Media ROI from the Inside Out

12Social Media ToolsSocial Media Tools

• LinkedIn Profile LinkedIn Profile DevelopmentDevelopment

• Social Media Social Media OptimizationOptimization

Business Development - LinkdedInBusiness Development - LinkdedIn

Page 13: Social Media ROI from the Inside Out

13Social Media ToolsSocial Media Tools

Collaborative Company Blog -Collaborative Company Blog -InnoblogsInnoblogs

Page 14: Social Media ROI from the Inside Out

14Social Media ToolsSocial Media Tools

Internally Focused Facebook Fan PageInternally Focused Facebook Fan Page

ApplicationsApplications

PollDaddy Discussion Board Reviews Promotion Gallery for Blood Center

Pages YouTube Channel Integration Events Networked Blog Targeted Facebook Fan Page

Advertising

Page 15: Social Media ROI from the Inside Out

15Human Business TeamHuman Business Team

An internal team of individuals, who possess the talents, passion and training to strategically and synergisticaly

utilize social media tools to achieve business objectives

Page 16: Social Media ROI from the Inside Out

16Measureable Results Measureable Results

Fan Base Growth & Engagement Fan Base Growth & Engagement

Total Fan Base has increased 417% in 4 weeks

Total Fan Base weekly interactions have increased 267 %

Page 17: Social Media ROI from the Inside Out

17Measureable Results Measureable Results

Conversation MetricsConversation Metrics

Receiving active employee feedback using polls and discussions

Data being used to drive company policy decisions, events, and evolving content strategy

Post quality is up 22.4 points in 4 weeks

Page 18: Social Media ROI from the Inside Out

18Measureable Results Measureable Results

Year Over Year Turnover Rate ComparisonYear Over Year Turnover Rate Comparison

Page 19: Social Media ROI from the Inside Out

19Measureable Results Measureable Results

New Business DevelopmentNew Business Development

Page 20: Social Media ROI from the Inside Out

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Nate RiggsSocial Business Strategies

Thank YouThank You