SlideShare ist ein Scribd-Unternehmen logo
1 von 20
 @Room_214 /Room214  /Room214
What’s The Deal With Social Media ROI?
What Is ROI?  ROI may not be the best way to determine social media’s success. You have to start by answering other questions first... What is our overall business objective?  What role does social media have in that objective?  What did our metrics look like before social media?  What can we measure?
Social Media Metrics
Social Media Metrics
Online Brand Conversion
SENTIMENT METRICS AND INDICATORS Online Brand Conversion 1. Sentiment Volume: The number of positive/negative/neutral consumers opinions expressed about a brand, company or product 2. Sentiment Ratio: number of +/- opinions expressed divided by the total number of consumer opinions or similar formula 3. Polarity/Intensity: beyond +/- exp: District 9 was f***ingamazin!versus District 9 was a decent Sat night data flick 4. Qualitative Factors: what do they cit as their reasons? E.G. Comcast is terrible, my internet is crawling 5. Specific Customer Feedback: I wish Netflix had subtitles, Blockbuster is better than Netflix, I wish Netflix would come to Canada Natural Language Processing BEWARE – claim to have 80% accuracy – don’t believe the hype Human Reviewed Limit the number of posts to review and assign each to a category
Online Brand Conversion ADVOCACY Is an act. “The act or process of advocating or supporting a cause or purpose.”  Approaches to Advocacy Measurement The key to measuring advocacy is to: Identify all the different ways people verbalize their advocacy   Isolate advocacy from general positive sentiment Explore who is doing the advocacy and analyze the level of advocacy from that individual for brand/topic vs. other brands/topics Styles of Measurement: Asking people to recall if they would recommend (survey question) Measuring people’s actual recommendations to each other (survey) Measuring people’s actual recommendations to each other (online monitoring) Source: David Rabjohns, MotiveQuest
Online Brand Conversion ADVOCACY METHODOLOGIES The Net Promoter Score (NPS) - defined as the likelihood to recommend, http://www.statmetrix.com The Brand Advocacy Quotient (BAQ) - relates to satisfaction and importance, http://www.nielsen-online.com MotiveQuest Online Promoter Score, (OPS) - correlation between online advocacy and sales, http://www.motivequest.com/brandadvocacy
Online Brand Conversion
Social Media Metrics
Social Media Connections
Social Media Metrics
Social Media Gross Views
Social Media Metrics
Brand and Fan Engagement
Understanding Value
Understanding Value
THANK YOU!

Weitere ähnliche Inhalte

Mehr von Trada

From the Pros: Advanced PPC Tools
From the Pros: Advanced PPC ToolsFrom the Pros: Advanced PPC Tools
From the Pros: Advanced PPC ToolsTrada
 
Advanced Pay-Per-Click for eCommerce
Advanced Pay-Per-Click for eCommerce Advanced Pay-Per-Click for eCommerce
Advanced Pay-Per-Click for eCommerce Trada
 
Featuring Google: Quality Score 2013
Featuring Google: Quality Score 2013Featuring Google: Quality Score 2013
Featuring Google: Quality Score 2013Trada
 
[WEBINAR] Big Data Improves Marketing Performance
[WEBINAR] Big Data Improves Marketing Performance[WEBINAR] Big Data Improves Marketing Performance
[WEBINAR] Big Data Improves Marketing PerformanceTrada
 
Trada Case Study-Tradavo
Trada Case Study-TradavoTrada Case Study-Tradavo
Trada Case Study-TradavoTrada
 
Trada Case Study - Guidebook
Trada Case Study - GuidebookTrada Case Study - Guidebook
Trada Case Study - GuidebookTrada
 
Display and Search: Essential Pairing for Maximum Lift
Display and Search: Essential Pairing for Maximum LiftDisplay and Search: Essential Pairing for Maximum Lift
Display and Search: Essential Pairing for Maximum LiftTrada
 
PPC and SEO: How to Invest in Both with SEOMoz and Trada
PPC and SEO: How to Invest in Both with SEOMoz and TradaPPC and SEO: How to Invest in Both with SEOMoz and Trada
PPC and SEO: How to Invest in Both with SEOMoz and TradaTrada
 
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROI
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROIPPC Landing Page Makeover Secrets: Simple Changes Will Increase ROI
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROITrada
 
Trada Webinar - Optimizing Social Ads with PPC
Trada Webinar - Optimizing Social Ads with PPCTrada Webinar - Optimizing Social Ads with PPC
Trada Webinar - Optimizing Social Ads with PPCTrada
 
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! SearchTrada
 
[WEBINAR] Advanced AdWords Tools
[WEBINAR] Advanced AdWords Tools[WEBINAR] Advanced AdWords Tools
[WEBINAR] Advanced AdWords ToolsTrada
 
Crowdsourcing Content and Distributing Across Channels
Crowdsourcing Content and Distributing Across ChannelsCrowdsourcing Content and Distributing Across Channels
Crowdsourcing Content and Distributing Across ChannelsTrada
 
Holiday Prep: The Essential Science of Landing Pages
Holiday Prep: The Essential Science of Landing PagesHoliday Prep: The Essential Science of Landing Pages
Holiday Prep: The Essential Science of Landing PagesTrada
 
Where Does PPC Fit? Integrated Marketing for Smarty-Pantses
Where Does PPC Fit? Integrated Marketing for Smarty-PantsesWhere Does PPC Fit? Integrated Marketing for Smarty-Pantses
Where Does PPC Fit? Integrated Marketing for Smarty-PantsesTrada
 
How to Own Your Sales Funnel
How to Own Your Sales FunnelHow to Own Your Sales Funnel
How to Own Your Sales FunnelTrada
 
Activities & Tools To Make Paid Search Campaigns Successful
Activities & Tools To Make Paid Search Campaigns SuccessfulActivities & Tools To Make Paid Search Campaigns Successful
Activities & Tools To Make Paid Search Campaigns SuccessfulTrada
 
Psychology of a Landing Page
Psychology of a Landing PagePsychology of a Landing Page
Psychology of a Landing PageTrada
 
How to Score with Quality Score
How to Score with Quality ScoreHow to Score with Quality Score
How to Score with Quality ScoreTrada
 
Search Marketing for Software Companies
Search Marketing for Software CompaniesSearch Marketing for Software Companies
Search Marketing for Software CompaniesTrada
 

Mehr von Trada (20)

From the Pros: Advanced PPC Tools
From the Pros: Advanced PPC ToolsFrom the Pros: Advanced PPC Tools
From the Pros: Advanced PPC Tools
 
Advanced Pay-Per-Click for eCommerce
Advanced Pay-Per-Click for eCommerce Advanced Pay-Per-Click for eCommerce
Advanced Pay-Per-Click for eCommerce
 
Featuring Google: Quality Score 2013
Featuring Google: Quality Score 2013Featuring Google: Quality Score 2013
Featuring Google: Quality Score 2013
 
[WEBINAR] Big Data Improves Marketing Performance
[WEBINAR] Big Data Improves Marketing Performance[WEBINAR] Big Data Improves Marketing Performance
[WEBINAR] Big Data Improves Marketing Performance
 
Trada Case Study-Tradavo
Trada Case Study-TradavoTrada Case Study-Tradavo
Trada Case Study-Tradavo
 
Trada Case Study - Guidebook
Trada Case Study - GuidebookTrada Case Study - Guidebook
Trada Case Study - Guidebook
 
Display and Search: Essential Pairing for Maximum Lift
Display and Search: Essential Pairing for Maximum LiftDisplay and Search: Essential Pairing for Maximum Lift
Display and Search: Essential Pairing for Maximum Lift
 
PPC and SEO: How to Invest in Both with SEOMoz and Trada
PPC and SEO: How to Invest in Both with SEOMoz and TradaPPC and SEO: How to Invest in Both with SEOMoz and Trada
PPC and SEO: How to Invest in Both with SEOMoz and Trada
 
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROI
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROIPPC Landing Page Makeover Secrets: Simple Changes Will Increase ROI
PPC Landing Page Makeover Secrets: Simple Changes Will Increase ROI
 
Trada Webinar - Optimizing Social Ads with PPC
Trada Webinar - Optimizing Social Ads with PPCTrada Webinar - Optimizing Social Ads with PPC
Trada Webinar - Optimizing Social Ads with PPC
 
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search
[WEBINAR] Boost Your Paid Search ROI with Bing and Yahoo! Search
 
[WEBINAR] Advanced AdWords Tools
[WEBINAR] Advanced AdWords Tools[WEBINAR] Advanced AdWords Tools
[WEBINAR] Advanced AdWords Tools
 
Crowdsourcing Content and Distributing Across Channels
Crowdsourcing Content and Distributing Across ChannelsCrowdsourcing Content and Distributing Across Channels
Crowdsourcing Content and Distributing Across Channels
 
Holiday Prep: The Essential Science of Landing Pages
Holiday Prep: The Essential Science of Landing PagesHoliday Prep: The Essential Science of Landing Pages
Holiday Prep: The Essential Science of Landing Pages
 
Where Does PPC Fit? Integrated Marketing for Smarty-Pantses
Where Does PPC Fit? Integrated Marketing for Smarty-PantsesWhere Does PPC Fit? Integrated Marketing for Smarty-Pantses
Where Does PPC Fit? Integrated Marketing for Smarty-Pantses
 
How to Own Your Sales Funnel
How to Own Your Sales FunnelHow to Own Your Sales Funnel
How to Own Your Sales Funnel
 
Activities & Tools To Make Paid Search Campaigns Successful
Activities & Tools To Make Paid Search Campaigns SuccessfulActivities & Tools To Make Paid Search Campaigns Successful
Activities & Tools To Make Paid Search Campaigns Successful
 
Psychology of a Landing Page
Psychology of a Landing PagePsychology of a Landing Page
Psychology of a Landing Page
 
How to Score with Quality Score
How to Score with Quality ScoreHow to Score with Quality Score
How to Score with Quality Score
 
Search Marketing for Software Companies
Search Marketing for Software CompaniesSearch Marketing for Software Companies
Search Marketing for Software Companies
 

KĂĽrzlich hochgeladen

Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insightsseribangash
 
Lucknow đź’‹ Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow đź’‹ Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow đź’‹ Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow đź’‹ Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdftbatkhuu1
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Trucks in Minnesota
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaShree Krishna Exports
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 

KĂĽrzlich hochgeladen (20)

Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insights
 
Lucknow đź’‹ Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow đź’‹ Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow đź’‹ Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow đź’‹ Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdf
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in India
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow â‚ą,9517
Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow â‚ą,9517Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow â‚ą,9517
Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow â‚ą,9517
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 

Social Media ROI by James O'Clark [Metrics Marketing Bootcamp]

  • 2.
  • 3. What’s The Deal With Social Media ROI?
  • 4. What Is ROI? ROI may not be the best way to determine social media’s success. You have to start by answering other questions first... What is our overall business objective? What role does social media have in that objective? What did our metrics look like before social media? What can we measure?
  • 8. SENTIMENT METRICS AND INDICATORS Online Brand Conversion 1. Sentiment Volume: The number of positive/negative/neutral consumers opinions expressed about a brand, company or product 2. Sentiment Ratio: number of +/- opinions expressed divided by the total number of consumer opinions or similar formula 3. Polarity/Intensity: beyond +/- exp: District 9 was f***ingamazin!versus District 9 was a decent Sat night data flick 4. Qualitative Factors: what do they cit as their reasons? E.G. Comcast is terrible, my internet is crawling 5. Specific Customer Feedback: I wish Netflix had subtitles, Blockbuster is better than Netflix, I wish Netflix would come to Canada Natural Language Processing BEWARE – claim to have 80% accuracy – don’t believe the hype Human Reviewed Limit the number of posts to review and assign each to a category
  • 9. Online Brand Conversion ADVOCACY Is an act. “The act or process of advocating or supporting a cause or purpose.” Approaches to Advocacy Measurement The key to measuring advocacy is to: Identify all the different ways people verbalize their advocacy Isolate advocacy from general positive sentiment Explore who is doing the advocacy and analyze the level of advocacy from that individual for brand/topic vs. other brands/topics Styles of Measurement: Asking people to recall if they would recommend (survey question) Measuring people’s actual recommendations to each other (survey) Measuring people’s actual recommendations to each other (online monitoring) Source: David Rabjohns, MotiveQuest
  • 10. Online Brand Conversion ADVOCACY METHODOLOGIES The Net Promoter Score (NPS) - defined as the likelihood to recommend, http://www.statmetrix.com The Brand Advocacy Quotient (BAQ) - relates to satisfaction and importance, http://www.nielsen-online.com MotiveQuest Online Promoter Score, (OPS) - correlation between online advocacy and sales, http://www.motivequest.com/brandadvocacy
  • 17. Brand and Fan Engagement