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How to Measure and Improve
Your Twitter Marketing ROI
Jim Sterne
eMetrics Marketing Optimization Summit




Web Analytics Association
Jim’s Theory of Integrated Marketing
      Outbound: Integrated Messaging
      Inbound: Integrated Data
The View From Out There

Marketing
Sales
                   It’s all
Order Processing
                   the same
Contact Center
Tech Support
                   to me
Accounting
The View From Out There

  Phone
  Store
  Web           It’s all
  Email         the same
  Twitter
                to me
  Facebook
  Catalog
  Direct Mail
Jim’s Theory of Integrated Marketing
      Outbound: Integrated Messaging
      Inbound: Integrated Data
Jim’s Theory of Integrated Marketing
      Outbound: Integrated Messaging
      Inbound: Integrated Data
Measurement is the Key
      Ignorance       Guessing
      Data            Reports
      Information     Knowledge
      Intelligence    Understanding
      Insight         Useful
      Wisdom          Comes with Age
      Enlightenment   Ommmm
The Three Big Goals

   Raise Revenue
   Lower Costs
   Increase Customer Satisfaction
Company / Customer Communication
   Get Attention   Advertising
       Educate     Marketing
            Sell   Sales
           Help    Customer Service
       Connect     F2F, Phone, Email
Company / Customer Communication
   Get Attention   Social Media
                   Advertising
       Educate     Marketing
                   Social Media
            Sell   Sales Media
                   Social
           Help    Social Media
       Connect     Social Media
Marketing


                              Social Media
                      Sales
Branding




           Customer
            Support
Social Media Metrics Success
      Customer Centricity
      Build      Awareness
      Improve    Attitude
      Boost      Influence
      Monitor    Competition
      Incite     Action
      Generate   Value
Social Media Metrics Success
      Customer Centricity
      Measure   Awareness
      Measure   Attitude
      Measure   Influence
      Measure   Competition
      Measure   Action
      Measure   Value
Awareness

            Opportunity to See
Twitter Awareness
Recency
Frequency
Reach
    Followers
    Followers of followers
    Retweeters
    Retweeters of retweeters
    Mentioners
    Retweeters of mentioners
Measuring Awareness
How many people had
    the opportunity to see?
How many people saw?
How many people remembered?
Social Media Metrics Success
      Customer Centricity
      Measure   Awareness
      Measure   Attitude
      Measure   Influence
      Measure   Competition
      Measure   Action
      Measure   Value
Measuring Attitude
Online Metrics          On Your Site
     Positive
     Negative
     Net Promoter Score
Inflection Sensitive

"I never said she stole my money" - Someone else said it
"I never said she stole my money" - I simply didn't ever say it
"I never said she stole my money" - I might have implied it
"I never said she stole my money" - I said someone took it
"I never said she stole my money" - She probably borrowed it
"I never said she stole my money" - She stole someone else's money
"I never said she stole my money" - She didn’t steal money
Context Sensitive
Positive or Negative?
  This pot roast is delicious
  This pot roast is the worst I’ve ever tasted
  This pot roast is inedible
  This pot roast is better than your mother’s
Social Media Metrics Success
      Customer Centricity
      Measure   Awareness
      Measure   Attitude
      Measure   Influence
      Measure   Competition
      Measure   Action
      Measure   Value
Measuring Influence



    Influences     Influences    Influences
    thousands     hundreds of      millions
                   thousands


Which has more marketing optimization influence??
    Reach, Frequency, Awareness, Audience
Influential Topics
Social Media Metrics Success
      Customer Centricity
      Measure   Awareness
      Measure   Attitude
      Measure   Influence
      Measure   Competition
      Measure   Action
      Measure   Value
Measuring the Blogosphere
Measuring the Blogosphere
Social Media Metrics Success
      Customer Centricity
      Measure   Awareness
      Measure   Attitude
      Measure   Influence
      Measure   Competition
      Measure   Action
      Measure   Value
Measuring Action
Social Actions   Business Actions
 Like             Click
 Follow           Visit
 Retweet          Subscribe
 Blog Post        Join
 Blog Comment     Register
 Rating           Take Survey
 Bookmark         Qualify as a Lead
 Recommend        Purchase
Social Media Metrics Success
      Customer Centricity
      Measure   Awareness
      Measure   Attitude
      Measure   Influence
      Measure   Competition
      Measure   Action
      Measure   Value
How Much is a Social Media
     Participant Worth?
Web site      Email     Search Marketing
Banners       TV        Search Optimization
Sponsorship   SMS       Tele Marketing
Direct Mail   Print     Affiliate Marketing
Webinar       Video     Social Networks
Podcast       Blog      Behavioral Targeting
Outdoor       Twitter   Microsites
Events        Viral     Location Based
How Much is a Social Media
     Participant Worth?
Web site       Email     Search Marketing
Banners        TV        Search Optimization
Sponsorship    SMS       Tele Marketing
Direct Mail    Print     Affiliate Marketing
Webinar        Video     Social Networks
Podcast        Blog      Behavioral Targeting
Outdoor       Twitter
               Twitter   Microsites
Events         Viral     Location Based
How to Measure and Improve
Your Twitter Marketing ROI
Jim Sterne
eMetrics Marketing Optimization Summit




Web Analytics Association

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Jim sterne terametric_twitter-webinar_120910

  • 1. How to Measure and Improve Your Twitter Marketing ROI Jim Sterne eMetrics Marketing Optimization Summit Web Analytics Association
  • 2. Jim’s Theory of Integrated Marketing Outbound: Integrated Messaging Inbound: Integrated Data
  • 3. The View From Out There Marketing Sales It’s all Order Processing the same Contact Center Tech Support to me Accounting
  • 4. The View From Out There Phone Store Web It’s all Email the same Twitter to me Facebook Catalog Direct Mail
  • 5. Jim’s Theory of Integrated Marketing Outbound: Integrated Messaging Inbound: Integrated Data
  • 6. Jim’s Theory of Integrated Marketing Outbound: Integrated Messaging Inbound: Integrated Data
  • 7.
  • 8. Measurement is the Key Ignorance Guessing Data Reports Information Knowledge Intelligence Understanding Insight Useful Wisdom Comes with Age Enlightenment Ommmm
  • 9. The Three Big Goals Raise Revenue Lower Costs Increase Customer Satisfaction
  • 10. Company / Customer Communication Get Attention Advertising Educate Marketing Sell Sales Help Customer Service Connect F2F, Phone, Email
  • 11. Company / Customer Communication Get Attention Social Media Advertising Educate Marketing Social Media Sell Sales Media Social Help Social Media Connect Social Media
  • 12. Marketing Social Media Sales Branding Customer Support
  • 13. Social Media Metrics Success Customer Centricity Build Awareness Improve Attitude Boost Influence Monitor Competition Incite Action Generate Value
  • 14. Social Media Metrics Success Customer Centricity Measure Awareness Measure Attitude Measure Influence Measure Competition Measure Action Measure Value
  • 15. Awareness Opportunity to See
  • 16. Twitter Awareness Recency Frequency Reach Followers Followers of followers Retweeters Retweeters of retweeters Mentioners Retweeters of mentioners
  • 17. Measuring Awareness How many people had the opportunity to see? How many people saw? How many people remembered?
  • 18. Social Media Metrics Success Customer Centricity Measure Awareness Measure Attitude Measure Influence Measure Competition Measure Action Measure Value
  • 19. Measuring Attitude Online Metrics On Your Site Positive Negative Net Promoter Score
  • 20. Inflection Sensitive "I never said she stole my money" - Someone else said it "I never said she stole my money" - I simply didn't ever say it "I never said she stole my money" - I might have implied it "I never said she stole my money" - I said someone took it "I never said she stole my money" - She probably borrowed it "I never said she stole my money" - She stole someone else's money "I never said she stole my money" - She didn’t steal money
  • 21. Context Sensitive Positive or Negative? This pot roast is delicious This pot roast is the worst I’ve ever tasted This pot roast is inedible This pot roast is better than your mother’s
  • 22. Social Media Metrics Success Customer Centricity Measure Awareness Measure Attitude Measure Influence Measure Competition Measure Action Measure Value
  • 23.
  • 24. Measuring Influence Influences Influences Influences thousands hundreds of millions thousands Which has more marketing optimization influence?? Reach, Frequency, Awareness, Audience
  • 25.
  • 26.
  • 28. Social Media Metrics Success Customer Centricity Measure Awareness Measure Attitude Measure Influence Measure Competition Measure Action Measure Value
  • 31. Social Media Metrics Success Customer Centricity Measure Awareness Measure Attitude Measure Influence Measure Competition Measure Action Measure Value
  • 32. Measuring Action Social Actions Business Actions Like Click Follow Visit Retweet Subscribe Blog Post Join Blog Comment Register Rating Take Survey Bookmark Qualify as a Lead Recommend Purchase
  • 33. Social Media Metrics Success Customer Centricity Measure Awareness Measure Attitude Measure Influence Measure Competition Measure Action Measure Value
  • 34. How Much is a Social Media Participant Worth? Web site Email Search Marketing Banners TV Search Optimization Sponsorship SMS Tele Marketing Direct Mail Print Affiliate Marketing Webinar Video Social Networks Podcast Blog Behavioral Targeting Outdoor Twitter Microsites Events Viral Location Based
  • 35. How Much is a Social Media Participant Worth? Web site Email Search Marketing Banners TV Search Optimization Sponsorship SMS Tele Marketing Direct Mail Print Affiliate Marketing Webinar Video Social Networks Podcast Blog Behavioral Targeting Outdoor Twitter Twitter Microsites Events Viral Location Based
  • 36. How to Measure and Improve Your Twitter Marketing ROI Jim Sterne eMetrics Marketing Optimization Summit Web Analytics Association