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Measuring the ROI of social
                  marketing
                    Liz Smyth
                 Marketing Director
                     Marketo
Sponsored by:                         Organised by:
Measuring the ROI of Social Marketing
        TFM+A - February 2013


        Liz Smyth
        EMEA Marketing Director
        @lizsmyth


                         #SMROI
© 2012 Marketo, Inc. Marketo Proprietary and Confidential
Marketo in a Nutshell
     • Thought leader driving the market agenda
     • Easy-to-use, powerful and complete
       marketing software
     • Built on customer adoption & success
     • EMEA HQ opened in Dublin 2011




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© 2012 Marketo, Inc.   @LizSmyth   #SMROI
Biggest pain point in social is attribution




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© 2012 Marketo, Inc.   @LizSmyth   #SMROI
But, we know what we want




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© 2012 Marketo, Inc.   @LizSmyth   #SMROI
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© 2012 Marketo, Inc.
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© 2012 Marketo, Inc.
Making Every Campaign Social
  Reach & Engagement




                       Website          Landing              Email      Facebook   Events
                                         Pages    Paid Ads
                                                                         Pages



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© 2012 Marketo, Inc.             @LizSmyth                           #SMROI
The Numbers

     • 700 Billion – minutes spent on Facebook each month
     • 2 Members Every Second - LinkedIn
     • 1 Million – Twitter accounts added daily
     • 32 Billion – Search queries Twitter handles per month,
       more than Bing and Yahoo combined
     • 40% – Percentage of social media driven purchases
       Pinterest accounts for
     • 1 Billion – Active Facebook users



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© 2012 Marketo, Inc.   @LizSmyth           #SMROI
Peer-to-Peer




     “The basic idea here is that the best type of
     advertising is a message from a friend.”
                                 - Mark Zuckerberg
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© 2012 Marketo, Inc.   @LizSmyth                     #SMROI
Social Marketing – The Social Media Clutter




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© 2012 Marketo, Inc.   @LizSmyth   #SMROI
Identify Your Customer Currency
        What’s in it for me?




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© 2012 Marketo, Inc.   @LizSmyth   #SMROI
Material Currency: Discount




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© 2012 Marketo, Inc.   @LizSmyth   #SMROI
Emotional Currency: Knowledge




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© 2012 Marketo, Inc.   @LizSmyth   #SMROI
Now What?




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© 2012 Marketo, Inc.   @LizSmyth   #SMROI
Measuring Success – The What
        Traffic, Interaction, Sharing, Conversions, Reach




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© 2012 Marketo, Inc.   @LizSmyth         #SMROI
Measuring Success – The Where

        Social Networking Channels




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© 2012 Marketo, Inc.   @LizSmyth     #SMROI
Measuring Success – The Who

        Social CRM




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© 2012 Marketo, Inc.   @LizSmyth   #SMROI
Visual Content Helps Stand Out
                          eBook                    Interactive Infographic
   ds




                                              al
                                              su
 or




                                            Vi
W




                       17,000                          145,000
                       views                            views



                               Hits and Long-Tail Content
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© 2012 Marketo, Inc.   @LizSmyth                        #SMROI
Facebook Timeline Campaigns




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© 2012 Marketo, Inc.   @LizSmyth   #SMROI
Facebook and EdgeRank
                                   • Time Decay
                                   • Weight
                                   • Affinity




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© 2012 Marketo, Inc.   @LizSmyth     #SMROI
Twitter Promoted Tweets




                                   • Combination of search &
                                     timeline campaigns
                                   • $109k invested
                                   • 2,995 Prospects
                                   • $ per Prospect: $37
                                   • $290k pipeline to date



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© 2012 Marketo, Inc.   @LizSmyth      #SMROI
Slideshare




                                   •   $5k invested
                                   •   2,765 names
                                   •   57 new prospects
                                   •   $ per Prospect: $94
                                   •   $107k pipeline to date



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© 2012 Marketo, Inc.   @LizSmyth       #SMROI
ROI On Social Advertising: Tale of Two Ads




     • Facebook and LinkedIn display ads not effective (yet)
     • Twitter drove many Prospects, especially early on, but
       slow to convert to Lead
     • Facebook memes are working great (but still new)
     • Slideshare great for acceleration (not lead gen), but
       smaller
                                     Source: Marketo Revenue Cycle Analytics
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© 2012 Marketo, Inc.   @LizSmyth              #SMROI
Through the use of Marketo’s
                                                 social campaign functionality, we
                                                 can now tie specific influencers to
Marketo Gets Lift From Social Campaigns          social campaigns, and measure the ROI of our
                                                 social investments.

  Social Objectives                              Jason Miller
                                                 Social Media Programs Manager
    • Monitor and reward top brand influencers
    • Generate and track new leads and
      prospects through social channels          Results:
    • Promote every campaign socially            • On average, each share resulted in 25 clicks
    • Analyze ROI from social investments
                                                 • Reached 70k+ via social channels
  Campaign: Guide to Social Marketing            • 300+ new leads from social channels

    • Ran “Share to Win” Contest
    • 5 referred downloads earned a printed
       copy and t-shirt




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© 2012 Marketo, Inc.   @LizSmyth                              #SMROI
AT THE DANCE
But who is dancing?




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© 2012 Marketo, Inc.
Lead Nurturing Relevance
                                                      1. BUYING STAGES
                   2. PERSONA                        •Early / Mid
                • Molly Marketer                     •Late (Opportunity)
                • Sam Sales                          •Customer
                • Jack Executive




                                            3. DYNAMIC CUSTOMIZATION
                                           •Industry Wrappers
                                           •Size Specific Examples
                                           •Localization

                            Get The “Definitive Guide to Lead Nurturing”
Page 27
                            http://bit.ly/DGtoLN
© 2012 Marketo, Inc.
Making Every Campaign Social
  Reach & Engagement




                       Website          Landing              Email      Facebook   Events
                                         Pages    Paid Ads
                                                                         Pages



Page 28
© 2012 Marketo, Inc.             @LizSmyth                           #SMROI
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© 2012 Marketo, Inc.   @LizSmyth   #SMROI
Key Tweetable Takeaways
          1. Leverage “peer-to-peer”
             influence to give every campaign
             a social boost
          2. Pick the right “currency” to
             motivate social engagement
          3. Authentic social interaction
             drives more ROI than paid ads
          4. Most leads are not “ready-to-
             dance” – nurture relationships
             over time
          5. To measure ROI of social, you
             need to track all interactions
             with an account


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© 2012 Marketo, Inc.   @LizSmyth                #SMROI
Question and Answer



                                                            #SMROI
© 2012 Marketo, Inc. Marketo Proprietary and Confidential
Thank you!
                            Pick up your
               Definitive Guide to Social Marketing
                       at the Marketo Stand


                                                              #SMROI
© 2012 Marketo, Inc. Marketo Proprietary and Confidential

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Measuring the ROI of Social Marketing, Liz Smyth , Marketing Director, Marketo

  • 1. Measuring the ROI of social marketing Liz Smyth Marketing Director Marketo Sponsored by: Organised by:
  • 2. Measuring the ROI of Social Marketing TFM+A - February 2013 Liz Smyth EMEA Marketing Director @lizsmyth #SMROI © 2012 Marketo, Inc. Marketo Proprietary and Confidential
  • 3. Marketo in a Nutshell • Thought leader driving the market agenda • Easy-to-use, powerful and complete marketing software • Built on customer adoption & success • EMEA HQ opened in Dublin 2011 Page 3 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 4. Biggest pain point in social is attribution Page 4 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 5. But, we know what we want Page 5 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 6. Page 6 © 2012 Marketo, Inc.
  • 7. Page 7 © 2012 Marketo, Inc.
  • 8. Making Every Campaign Social Reach & Engagement Website Landing Email Facebook Events Pages Paid Ads Pages Page 8 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 9. The Numbers • 700 Billion – minutes spent on Facebook each month • 2 Members Every Second - LinkedIn • 1 Million – Twitter accounts added daily • 32 Billion – Search queries Twitter handles per month, more than Bing and Yahoo combined • 40% – Percentage of social media driven purchases Pinterest accounts for • 1 Billion – Active Facebook users Page 9 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 10. Peer-to-Peer “The basic idea here is that the best type of advertising is a message from a friend.” - Mark Zuckerberg Page 10 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 11. Social Marketing – The Social Media Clutter Page 11 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 12. Identify Your Customer Currency What’s in it for me? Page 12 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 13. Material Currency: Discount Page 13 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 14. Emotional Currency: Knowledge Page 14 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 15. Now What? Page 15 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 16. Measuring Success – The What Traffic, Interaction, Sharing, Conversions, Reach Page 16 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 17. Measuring Success – The Where Social Networking Channels Page 17 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 18. Measuring Success – The Who Social CRM Page 18 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 19. Visual Content Helps Stand Out eBook Interactive Infographic ds al su or Vi W 17,000 145,000 views views Hits and Long-Tail Content Page 19 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 20. Facebook Timeline Campaigns Page 20 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 21. Facebook and EdgeRank • Time Decay • Weight • Affinity Page 21 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 22. Twitter Promoted Tweets • Combination of search & timeline campaigns • $109k invested • 2,995 Prospects • $ per Prospect: $37 • $290k pipeline to date Page 22 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 23. Slideshare • $5k invested • 2,765 names • 57 new prospects • $ per Prospect: $94 • $107k pipeline to date Page 23 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 24. ROI On Social Advertising: Tale of Two Ads • Facebook and LinkedIn display ads not effective (yet) • Twitter drove many Prospects, especially early on, but slow to convert to Lead • Facebook memes are working great (but still new) • Slideshare great for acceleration (not lead gen), but smaller Source: Marketo Revenue Cycle Analytics Page 24 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 25. Through the use of Marketo’s social campaign functionality, we can now tie specific influencers to Marketo Gets Lift From Social Campaigns social campaigns, and measure the ROI of our social investments. Social Objectives Jason Miller Social Media Programs Manager • Monitor and reward top brand influencers • Generate and track new leads and prospects through social channels Results: • Promote every campaign socially • On average, each share resulted in 25 clicks • Analyze ROI from social investments • Reached 70k+ via social channels Campaign: Guide to Social Marketing • 300+ new leads from social channels • Ran “Share to Win” Contest • 5 referred downloads earned a printed copy and t-shirt Page 25 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 26. AT THE DANCE But who is dancing? Page 26 © 2012 Marketo, Inc.
  • 27. Lead Nurturing Relevance 1. BUYING STAGES 2. PERSONA •Early / Mid • Molly Marketer •Late (Opportunity) • Sam Sales •Customer • Jack Executive 3. DYNAMIC CUSTOMIZATION •Industry Wrappers •Size Specific Examples •Localization Get The “Definitive Guide to Lead Nurturing” Page 27 http://bit.ly/DGtoLN © 2012 Marketo, Inc.
  • 28. Making Every Campaign Social Reach & Engagement Website Landing Email Facebook Events Pages Paid Ads Pages Page 28 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 29. Page 29 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 30. Key Tweetable Takeaways 1. Leverage “peer-to-peer” influence to give every campaign a social boost 2. Pick the right “currency” to motivate social engagement 3. Authentic social interaction drives more ROI than paid ads 4. Most leads are not “ready-to- dance” – nurture relationships over time 5. To measure ROI of social, you need to track all interactions with an account Page 30 © 2012 Marketo, Inc. @LizSmyth #SMROI
  • 31. Question and Answer #SMROI © 2012 Marketo, Inc. Marketo Proprietary and Confidential
  • 32. Thank you! Pick up your Definitive Guide to Social Marketing at the Marketo Stand #SMROI © 2012 Marketo, Inc. Marketo Proprietary and Confidential

Hinweis der Redaktion

  1. The
  2. 04/04/13 ©2006 Marketo, Inc. CONFIDENTIAL