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Measurement is Not Counting Principles for Social Media and ROI Beth Kanter

Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

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You are actively using Facebook or Twitter or LinkedIn or a blog as part of your organization’s marketing or fundraising strategy. But do you know what your audience wants from you? Are you measuring how effective you are with these tools? Can you answer your boss’s or board’s questions about the value of spending time on social media? How do you know social media is a good investment and that you are getting strong results? Beth’s session addresses how to measure social media return on investment, including a strong framework and practical tips to measure and refine your social media tactics.

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Page 1: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Measurement is Not CountingPrinciples for Social Media and ROI

Beth Kanter

Page 2: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter
Page 3: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Share Pairs

Page 4: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Name, Title, Organization

How is your organization using social media?

Share a social media success story

What is your biggest challenge as it relates to social media, measurement, and ROI?

Flickr Photo by John K

Speed Dating

Report: Popcorn and Twinkle

Page 5: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Principles of Social Media Measurement and ROI

Photo by Miriam

Page 6: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

1. Integrate measurement into strategy and practice

Page 7: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

CRAWL WALK RUN FLY

Nonprofit and Social MediaMaturity of Practice Model

Capacity Building in Best Practices

Page 8: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

If you can’t fly then run, if you can’t run then walk, if you can’t walk then crawl, but whatever you do you have

to keep moving forward.”

Inspiration

Page 9: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

CRAWL WALK RUN FLYWhere to focus …

Social Media StrategySMART ObjectivesAudienceListeningExperiments/Pilots

Integrate Social Media StrategyEngagementContent

Communications StrategyCulture Change

Multiple ChannelsReflection/ImprovementNetwork Building

Page 10: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter
Page 11: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Listen ParticipatePromote Publish BuildNetworkLow Engagement

High Engagement

Content IntensiveNo Engagement Broadcast/Share

CRAWL WALK RUN FLY

Original concept by Beth Kanter – remix by Aliza Sherman

15 min/day 20 min/day 30 min/day 3-5 hrs/wk 5-10 hrs/wk+ + + +

Page 12: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Goals:1. To promote Independent Sector with “non-attending audiences” through attendees’ social media mentions2. To capture summaries of the 2010 conference to show the richness of the content as a means to promote the event for 20113. To test pilot social media at the conference and to capture lessons learned and ideas for future social media efforts

Metrics for Success1. Seven bloggers and seven Tweeters are identified and recruited to cover the event2. Content from seven sessions is posted to the IS blog or other blogs3. The number of retweets using the hashtag #ISconf increases from 20094. The team gains social media experience and insights about social media practice

WALK

Page 13: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Social Media strategy is part of integrated communications strategy.

Track Awareness: Share of Conversion About Hunger

Conversions for advocacy (Child Nutrition Bill) and donations

Cross Department Dashboard

KPI: Linked to Job PerformanceFLY

Page 14: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter
Page 15: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Share Pairs: What is your measurement, strategy, and practice? Crawl, Walk, Run, Fly – and why?

Page 16: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

2. Measurement at the beginning, not the end

Page 17: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Start with a SMART Social Media Objective

S Specific

M Measurable

A Attainable

R Relevant

T Timely

Page 18: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

• Tangible: money, time, or conversions

Results

• Specific to a channel, platform, or tool

Tactical

• People, content, learning, work flow,

Capacity

SMART Social Media Objectives

1. How many? 2. By when?

Page 19: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

IQ TEST: What objective SMART?

Recruit 40 organizations to join our LinkedIn organization page by June 30, 2012

Set up LinkedIn organization page

Page 20: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Examples: SMART Social Media Objectives

ResultsAcquire 100 new donors through social media channels by June 30, 2012

Tactical Increase likes and comments with fans on Facebook to 3 comments per post by June 30, 2012

CapacityCreate one video per month to tell stories about the impact of our organization by January, 2012.Integrate social media across organization staff and board to use it reach goals by September 30, 2012

Page 21: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Share Pairs: What’s your organization’s SMART social media objective?

Page 22: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

It isn’t about getting all A’s or FAIL

Page 23: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Cut the Salami into Smaller Pieces

Page 24: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

3. Use Benchmarking To Measure in Context

Page 25: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Compare to your past performance

Page 26: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Use industry studies

Page 27: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

DYI Benchmark Study of Peers

Page 28: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Intent: Raise brand awareness

Objective: By December, 2011, we will increase the number of Fans who "Like" us on Facebook by 500

What’s your current baseline: How many Fans does you have now?

Compare To: Peer Organization Benchmark Median Number of FB Fans: 1600 per peer benchmarking study

Page 29: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter
Page 30: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter
Page 31: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

4. Pick the right metrics to track your SMART objective and track over time

Page 32: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Awareness: Views, Percent of Conversation, Likes

Page 33: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

To get 1000 Facebook fans to test their blood sugar and update their status on World Diabetes Day

To get 75,000 views on YouTube video

Page 34: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Attitude: Sentiment

Page 35: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Shared best practices

Discovered they could learn from each other

Shared listening

Coordinated Twitter campaign

Increase pro climate action Twitter hashtag #climate action by 25%

Page 36: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Action/Behavior Change: Conversions

Page 37: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Wisdom of the Crowds Meets Person-to-Person Fundraising

To convert 10% of Facebook fans into Spay Day Donors on Spay DayTo raise $500,000 from Spay Day donors on Spay DayTo get 5000 people to enter the Spay Day photo contest

Page 38: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter
Page 39: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

150 people will stop smoking for 6 months by December, 2011

Page 40: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Getting Started? Spreadsheet Aerobics: Begin with 2-3 data points

Page 41: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Pick the Right Metrics

Page 42: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Instigators

Evangelists

Donors

Spreaders

Happy Bystanders

Listen Share Money Solicit Create

Measure the Whole Ladder of Engagement

Page 43: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

5. Pick the right tool for the job, set up a dashboard, and collect data regularly

Page 44: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

There are many free, low cost , and professional social media analytics and measurement tools ..

Page 45: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Dashboards Are Your Best Friend

Page 46: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter
Page 47: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

6. ROI: A Continuum of Value

6.

6. Consider both tangible and intangible values

Page 48: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Tangible and Intangible Value

Page 49: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Photo by edyson

How much income?How much time?What the ROI?

And he wants to know …..

Page 50: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

KD Paine

TangibleDonations

LeadsSubscribersMembers

Saved Time Saved Costs

Increased page rankIncreased media attention

Signed petitionsCalls or emails to government

officials

IntangibleInsights about what works

Interaction EngagementReputation

LoyaltySatisfactionSentimentFeedback

It’s a continuum of value

Page 51: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Number of Months Strategy, Measure, Improve

Investment

Insight

Continuum of Value:

Crawl, Walk, Run, Fly

Interaction

Results

Impact

Page 52: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Translate Value Into Financial

More timely and accurate public health messaging communities. and more efficient use of staff timeBooking appointmentsAnswering public health questionsLess time on phone or other channels

More effective services to audienceAccurate and timely health information, less spreading of diseaseMore timely customer service in answering questions, booking appointmentsGenerates positive word of mouth

Ease of communication with journalists More press coverage, less staff timeLess paper, less email

Page 53: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

“People regard our program as honest and informative. After almost two years on the social media front, we’ve developed a good system to get timely and accurate public health messaging to our communities. We firmly believe that our presence on social media sites has really enhanced our communication with the media and public.

Executive Director, Gary Edwards said it best in our 2010 Annual Report; that during tough economic times, SLVHD rose to the occasion and found innovative, cost effective ways to communicate with our community. “ - Vanna Livaditis, New Media Coordinator

Page 54: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter
Page 55: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

You want me to Tweet and

measure it too? And Track my

time?

Track your time, don’t waste it …

Page 56: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

• Compare the total costs of different solutions• Compare the total costs with the value• Compare the costs of not doing the project • Identify pilot goal to identify

cost/benefit

Translate into numbers ……

Page 57: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Share Pairs: Identify the value of your social media strategy. What are the tangibles? Intangibles? What are the costs?

Page 58: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

7. Communicate and Reflect on Results

Page 59: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter
Page 60: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

MomsRising:Joyful Funerals

Page 61: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

ROI Storytelling: System for collecting stories not in the charts and numbers

Page 62: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Conclusion

Social media measurement goes hand in hand with good practice

Social media measurement is a discipline, not a task, and it needs to be part of the organization’s culture

Measure along the continuum of value and share results

There’s a big need for improvement of practice and sharing the measurement stories

Page 63: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Measuring the Networked Nonprofit

Page 64: Measurement is Not Counting: Social Media & Return on Investment, presented by Beth Kanter

Thank you

Beth’s Blog: http://www.bethkanter.orgTwitter: @kanterFacebook: http://www.facebook.com/beth.kanter.blogSlides: http://bit.ly/fr-orch