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Social Fresh Conference http://socialfreshconference.com
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04/07/2023 © 2012 Laureate Education, Inc. | Confidential & Proprietary
Social Media for Business ROISocial Fresh 2014
By: Katie B. Roberts
Let’s ConnectTweet me: @KatieBRoberts #KBRSocialFacebook: /Katie.B.RobertsLinkedin: /KatieBRobertsEmail: [email protected]
Social Media for Business ROI
Social Media channels support the entire customer lifecycle:– Awareness– Engagement & Consideration– Conversion & Activation– Brand Loyalty & Retention– Customer Servicing
Social Media for Business ROIIdentifying lifecycle stages that social media can impact
04/07/2023 © 2012 Laureate Education, Inc. | Confidential & Proprietary
4
Strategic Goals
Social Media Channels
Twitter Linkedin Pages/Groups
Google+ Blog YouTube Pinterest
Strategic
Goals
Engagement ● ● ● ● ● ● ●Customer Retention & Loyalty ● ● ● ● ● ● ●Brand Awareness ● ● ● ● ● ● ●Lead Gen ● ● ● ● ●Referrals ● ● ● ● ●Conversion / Activation ● ● ● ● ● ●
Social Media for Business ROI
Social Media for Business ROIWhere to start?
YOU DON’T HAVETO BE GREAT TO START,
BUT YOU HAVE TOSTART TO BE GREAT
-zig zagler
Social Media for Business ROI3 Areas of Focus
Drive Engage-
ment
Increase Brand
Aware-ness/Reach
Generate Leads
Support Conversion
Efforts
Customer Loyalty
Customer Servicing
Promoted Content
Direct Response
CustomerAudience
Social Media for Business ROIPromoted Content
Promoted Account
PublishedPromoted Posts
UnpublishedPromoted Posts
Social Media for Business ROIPromoted Content
Promoted Account
PublishedPromoted Posts
UnpublishedPromoted Posts
When to Use• Community Growth• New brad, new to social media• High-level brand awarenessFacebook Promoted Account
Twitter Promoted Account
Social Media for Business ROIPromoted Content
Promoted Account
PublishedPromoted Posts
UnpublishedPromoted Posts
When to Use• Community Growth• New brand, new to social media• High-level brand awarenessTwitter Promoted Account
Social Media for Business ROIPromoted Content
Promoted Account
PublishedPromoted Posts
UnpublishedPromoted Posts
Key Takeaway• Use only for early growth of community• Do not use as a business objective• Growth with brand target demographic
Social Media for Business ROIPromoted Content
Promoted Account
PublishedPromoted Posts
UnpublishedPromoted Posts
When to Use• Increase brand awareness of published posts• Drive brand engagement• Reach key target audience that includes fans
Facebook Promoted Page Post
Social Media for Business ROIPromoted Content
Promoted Account
PublishedPromoted Posts
UnpublishedPromoted Posts
Facebook Promoted Page Post
Social Media for Business ROIPromoted Content
Promoted Account
PublishedPromoted Posts
UnpublishedPromoted Posts
When to Use• Increase brand awareness of published posts• Drive brand engagement• Reach key target audience that includes fans
Twitter Promoted Tweet
Social Media for Business ROIPromoted Content
Promoted Account
PublishedPromoted Posts
UnpublishedPromoted Posts
Key Takeaway• Drive engagement with fans & target audiences• Effective amplification strategy
Social Media for Business ROIPromoted Content
Promoted Account
PublishedPromoted Posts
UnpublishedPromoted Posts
When to Use• Audience-specific post, not limited to fans• Drive brand engagement, direct response, activation• Deliver messages at any stage of lifecycle independent of brand
page community composition
Social Media for Business ROIPromoted Content
Promoted Account
PublishedPromoted Posts
UnpublishedPromoted Posts
Key Takeaway• Flexibility in visibility beyond fans and followers• Effective amplification and action-centric strategy• “20% text” rule (FB) still applies• Be cautious of number of posts in ads queue for
overlapping audience members
Social Media for Business ROIFacebook Fast Fact
1500 1500 1500
15001500
1500
Social Media for Business ROIDirect Response
WebsiteTraffic
Website Conversions
Offer Claims
Social Media for Business ROIWebsite Traffic
When to Use• Drive traffic to a specific page on website• Brand awareness, funnel movement• Action-oriented beyond a single click
Twitter Promoted Account
WebsiteTraffic
Website Conversions
Offer Claims
Social Media for Business ROIWebsite Traffic
WebsiteTraffic
Website Conversions
Offer Claims
Social Media for Business ROIWebsite Conversions
When to Use• Promote a specific action on a website
• Lead Gen, Retarget, Enter Contest, Event Registration
• Use of Conversion PixelsAccount
WebsiteTraffic
Website Conversions
Offer Claims
Social Media for Business ROIWebsite Conversions
WebsiteTraffic
Website Conversions
Offer Claims
ConversionPixel
Social Media for Business ROIWebsite Conversions
WebsiteTraffic
Website Conversions
Offer Claims
Social Media for Business ROIWebsite Conversions
WebsiteTraffic
Website Conversions
Offer Claims
Social Media for Business ROIWebsite Conversions
WebsiteTraffic
Website Conversions
Offer Claims
Social Media for Business ROIOffers
WebsiteTraffic
Website Conversions
Offer Claims
When to Use• Providing a discount or offer• Tracking number of discounts used• Brand awareness, lead gen, activation, retentionAccount
Social Media for Business ROIUnique audience opportunities
Custom Audience
Lookalike Audience
.
Custom Audience
Lookalike Audience
.
Social Media for Business ROIUnique audience opportunities
A. Brand Discovery
B. Lead-Based ActionC. Lead
NurturingD. Activation
Custom Audience
Lookalike Audience
.
Social Media for Business ROIUnique audience opportunities
When to Use• Explore new targeting opportunities • Create new segment clusters• Leverage social media profiles similar to successful customer
profiles
KEY TAKEAWAYS
Social Media for Business ROI
• Promoted Accounts: Good for emerging communities focused on community growth to get out of the starting gate
• Promoted Content: Excellent at driving engagement, inbound performance, entire-lifecycle activation
• Direct Response: advertising with a purpose, move the needle. Think past the top of the funnel.
• Targeting: There are 1.28 billion people on facebook, nearly 650 million on Twitter. Don’t be noise. Have purpose. Reach the right people with specific targeting
• Custom Audiences: Work smarter, not harder. Use the databases you have to nurture and define new audiences
• Facebook Exchange: Find a way to use it. It works.
Social Media for Business ROIKey Takeaways
QUESTIONS?Tweet me: @KatieBRoberts #KBRSocialFacebook: /Katie.B.RobertsLinkedin: /KatieBRobertsEmail: [email protected]