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© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved. webcom Montréal November 2011 Jamie Pappas, Principal Pappas Advisors [email protected]

The Game of ROI in Social Media

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As presented at WebCom Montreal on November 16, 2011: The value that businesses, large and small, can achieve from social media is tremendous and includes many components. Measuring that value isn’t so tough if you’ve got the right strategy in place. In this interactive session, Jamie Pappas of Pappas Advisors will offer her strategy and tactics for addressing the question of social media ROI at any organization.

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Page 1: The Game of ROI in Social Media

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

webcom Montréal

November 2011

Jamie Pappas, Principal Pappas Advisors

[email protected]

Page 2: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

Let’s Connect! @JamiePappas Pappas Advisors pappasadvisors.com [email protected]

www.jamiepappas.com

These slides will be available on SlideShare at http://www.slideshare.net/jamiepappas

Page 3: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

Me: @JamiePappas WebCom Montreal: @webcomMT #webcomMT

Image courtesy of: http://www.inflectovita.com

Page 4: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved. Image courtesy of: amp agency www.ampagency.com

Page 5: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

More than 30 billion pieces of

information are shared on Facebook

per month

51% of consumers are more likely to buy a brand after becoming a fan and 56% are more likely to

recommend the brand

50% of consumers are more likely to buy a brand after following them and 60% are more likely to recommend the brand

Source: 2011 Chadwick Martin Bailey Consumer Pulse

50% of Twitter users go online more than

once an hour

Image courtesy of: amp agency www.ampagency.com

Page 6: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

Source: Forrester Blog: “The Data Digest: Who Uses Location-Based Services?”

Social bookmarking sites are responsible for over 31% of the hits to global

websites and are an essential piece to any

SEO strategy

LBS Users are Influencers: They are 38% more likely than the average

U.S. online adult to say friends and family ask their opinions before making a purchase, and their

average household income is about $20,000 higher than non-users

Image courtesy of: amp agency www.ampagency.com

Page 7: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

Source: Quantcast and BlogPulse Image courtesy of: amp agency www.ampagency.com

There are more than 176 million

blogs on the Internet, and over 99,000 new blogs are created every

24 hours

216 million+ people visit one or more WordPress blogs

every month, viewing over 1.5 billion

pages of content

Page 8: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

Social Media isn’t defined by

the channels, but rather by the

consumer behaviors it

enables:

To  Share  “I  can’t  wait  to  show  Timmy  that  hilarious  

YouTube  video”  

 To  Gain  Status  “I  just  unlocked  the  mayor  badge  at  Waldo’s  Bagels.”  

To  Communicate  “So  happy  you  found  me  

on  Facebook.  Can’t  believe  it’s  been  ten  years  

since  we  graduated!”  

Image courtesy of: amp agency www.ampagency.com

Page 9: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

Social media is not a stand alone tactic, and is not a singular point in time. It should be used as the connective tissue that links all of your outward communication efforts. An integrated social strategy serves to connect people with people and people with content at the right time.

Image courtesy of: amp agency www.ampagency.com

Page 10: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

So, what are your goals? •  Understanding and participating

in the conversation? •  Listening to and learning from

customers and competitors? •  Product research and

development? •  Increasing brand and offering

awareness? •  Enabling and recognizing brand

advocates and evangelists? •  Something else?

Image courtesy of: http://1.bp.blogspot.com

Page 11: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

Images courtesy of: https://lh6.googleusercontent.com, http://orrinwoodward.blogharbor.com, http://www.corporate-eye.com, http://www.thunderwolph.com, http://seoyourblog.com

Audience • Who are we trying to reach?

• Where are they located?

Listening to the Audience • What is our audience talking about?

• What is our audience saying about us?

Conversation • How will we have a conversation?

• What value are we providing?

• Does anyone care?

Tools • What tools meet our goals?

• What is our strategy for each social media tool we plan to use?

Team • Are we committed long-term to this plan?

• What are our teams’ explicit roles?

Page 12: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

•  Marketing campaigns, news, conferences, product launches

•  WOM and sentiment •  Customer service & support •  Sales leads •  Product development & co-

innovation •  Product research & usability •  Recruitment & employment brand •  Expertise and influencer chatter

Image courtesy of: http://surveyanalytics.files.wordpress.com

Page 13: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

•  Audience: How many people are we talking to?

•  Views: How many eyeballs on content? •  Engagement: How many interactions

with content? Do people like our content?

•  Sentiment: Do people like our brand, products, services, etc?

•  Referring Traffic: Are we bringing folks home?

•  Share of Voice: How are we stacking up?

Image courtesy of: http://www.connectioncafe.com

Page 14: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

ABC  17%  

Facebook  30%  

Flickr  0%  

LinkedIn  35%  

TwiKer  12%  

YouTube  6%  

65,000,000   80,000,000  

Q4  Q3  

 -­‐          100,000      200,000      300,000      400,000      500,000    

Social  Engagement  

Social  Views  

Social  Audience  

Referring Traffic Total Referrers: 12,345

Conversational Locations Share of Voice Total Mentions: 15,239

10.6%

10.0%

25.1%

Oct ‘11

100,000,000

Sept ‘11

Page 15: The Game of ROI in Social Media

#webcomMT @JamiePappas

© Copyright 2012 Jamie J. Pappas & Pappas Advisors. All rights reserved.

Clearly defined goals and KPIs

Strategy in support of your goals

Engagement & conversation

Monitoring real time

Measuring over time

You need to monitor or “listen” real-time to understand performance and adjust…

Images courtesy of: http://www.sopalatina.net