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Measuring Social Media Or, how the Sheriff became your best friend. Dave Evans, Author, “Social Media Marketing: An Hour a Day” Co-founder and Strategist, Digital Voodoo Co founder and Strategist, Digital Voodoo Strategy Director, FG SQUARED Strategist, Social Web Strategies

Measuring Social Media for Navigating Social Media’s Wild, Wild West

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At the Austin AMA and Business Wire event, Navigating Social Media’s Wild, Wild West: A Practical Guide for Communicators and Marketers, Dave Evans (author of Social Media Marketing: An Hour A Day) answered how you drive your message to market while keeping your Sheriff off your back. Interested in more marketing programs and networking? Visit the Austin American Marketing Association website (www.austinama.org) for coming events and the AMA blog (www.austinama.org/blog) to be a part of the conversation.

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Page 1: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Measuring Social MediagOr, how the Sheriff became your best friend.

Dave Evans,Author, “Social Media Marketing: An Hour a Day”Co-founder and Strategist, Digital VoodooCo founder and Strategist, Digital VoodooStrategy Director, FG SQUAREDStrategist, Social Web Strategies

Page 2: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Step 1 Sell Your PlanStep 1. Sell Your Plan

Page 3: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Understand Your BusinessUnderstand Your Business

Social Media is a NOT a universal answer!

Page 4: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Understand Your AudienceUnderstand Your Audience

As people take control over their data while spreading their Web presence, they are not looking for privacy, but for recognition as individuals. This will eventually change the whole world of advertising.

- Esther Dyson, 2008

Page 5: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Understand Your AudienceUnderstand Your Audience

Consumption and participation are indicators of the clear trend.

Page 6: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Disclose Your InterestDisclose Your InterestDo you want this? Or this?

Having an interest is fine. Not telling your audience about it is not.

Page 7: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Then Talk Social MediaThen…Talk Social MediaPERSONAL

SOCIAL NETWORKSEVENTS WHITE-LABEL

SOCIAL NETWORKS

Integrated S i l

MagazinesTV and Radio

Conversion

BLOGSWIKIS

SOCIAL NETWORKS

Integrated Campaigns

Social Media

Direct MailOnline

Advertising

Conversion (Purchase)

COLLABORATIVE TOOLS

MICROBLOGS

SMS PHOTOSg

VIDEO

EMAIL (BACN)

AUDIO (PODCAST)

Social media components surround and support the “conversion” process. Social media is one component your marketing toolbox.p p y g

Page 8: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Step 2 Measure ResultsStep 2. Measure Results

Page 9: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Measurement PointsMeasurement Points

Web Analytics

Relevance {Social Media Monitoring

Web Analytics

Content{{

Impact

Pipeline Metrics

Page 10: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Social Media MeasurementSocial Media Measurement• Raw Data

– Google Alerts• Conversational Data

– BlogPulse– Cymfony

T h i– Techrigy– Radian6

Collective Intellect– Collective Intellect• Diagnostic Data

– Net Promoter– Net Promoter

Page 11: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Tracking Vanity URLsTracking Vanity URLs

• In print and TV,In print and TV, “vanity” URLs can be trackedU i t l lik• Using tools like BudURL, you can create and track user-friendly vanity URLs across the Social WebSocial Web.

Page 12: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Tying Social Content to Web AnalyticsTying Social Content to Web Analytics

• Social monitoring gtools point to referrer

• Referrer ties to your l ti d t *analytics data*

• Analytics data shows site path and goalssite path and goals

* It’s less than perfect, but it’s better than nothing!

Page 13: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Step 3 Establish ROI (+/-)Step 3. Establish ROI (+/-)

Page 14: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Baseline Measures ROIBaseline Measures ROI

• Conversation (Inference)Conversation (Inference)• Historical Analytics

– TIP: Social Dashboards provide phistorical data as well as current.

Page 15: Measuring Social Media for Navigating Social Media’s Wild, Wild West

Baseline Measures ROIBaseline Measures ROI

• Conversation (Inference)( )• Historical Analytics• Ask Your Customers (Direct)

Page 16: Measuring Social Media for Navigating Social Media’s Wild, Wild West

More InformationTwitter: evansdave

Blog: http://www ReadThis comBlog: http://[email protected]