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24 Metrics to
Measure Social
    Media ROI     Marcus Ho
                  Director
                  (Client Leadership)
Marcus Ho




MARCUS HO PROFILE
They’ve Become Category Leaders




                                  INTERNET SUCCESS HUB
What is digital?




                                          ISH CASE STUDY
          Over US$1.1 million of ticket
          sales from Facebook in less
                  than 48 hours
What is digital?


  578%	
  ROI	
  for	
  Interna0onal	
  
   Cosme0c	
  Contact	
  Lenses	
  




                                                         ISH CASE STUDY
      Brand,	
  FreshKon	
  




        Full case study: http://bit.ly/smh-freshkon
What is digital?




                                                                  ISH CASE STUDY
 Over	
  S$3.6	
  million	
  of	
  savings	
  
  for	
  interna0onal	
  lingerie	
  
           brand,	
  	
  Wacoal	
  	
  




           Case Study coming soon on www.social-mediahub.com
1
    Social Media ROI
    1 Brand Awareness

    2 Sales/Actions

    3 Consumer Retention

    4 Conclusion and Actionable Steps
Social Media ROI Model
1
    Brand Awareness
    EXPOSURE
    1.1 Understanding “Brand Awareness”

    1.2 Facebook Likes

    1.3 Total Reach

    1.4 Viewers

    1.5 Cost-per-Impression
Understanding “Brand Awareness”




                                        1 EXPOSURE
             What is Brand Awareness?
Understanding “Brand Awareness”

                Brand awareness refers to
             customers' ability to recall and
               recognize the brand under
           different conditions and link to the
           brand name, logo, jingles and so




                                                  1 EXPOSURE
               on to certain associations in
                        memory*
Current Practises
   Most brands buy traditional media to get their first level of brand
   awareness (exposure) to get their products out in the market




                                                                         1 EXPOSURE
BRAND AWARENESS

1.2   EXPOSURE
      - Facebook Likes
Facebook Likes
   When someone likes your Page, they are giving you access to
     their News Feed. This is equivalent to any of your audiences
                   giving you their email address




                                                                    1 EXPOSURE
BRAND AWARENESS

1.3   EXPOSURE
      - Facebook Likes

      - Total Reach
What is “Total Reach”?

Total Reach is
the amount of            1
audience
that have
seen your




                             1 EXPOSURE
content.




1. Weekly Total
Reach

2. Reach

                  2
BRAND AWARENESS

1.4   EXPOSURE
      - Facebook Likes

      - Total Reach

      - Viewers & Web Traffic
Viewers and Web Traffic




                          1 EXPOSURE
BRAND AWARENESS

1.5   EXPOSURE
      - Facebook Likes

      - Total Reach

      - Viewers & Web Traffic

      - Cost Per Impression
Cost Per Impression ROI

Measure your
Cost-per-
Impression across
all marketing




                          1 EXPOSURE
channels.

This gives your
management a
good sense of
which marketing
channel is more
effective.
1 EXPOSURE
2
    Brand Awareness
    ENGAGEMENT
    2.1 Traditional Forms

    2.2 Facebook’s “People Talking About
    This” Score

    2.3 ReTweets

    2.4 Comments

    2.5 Social Brand Mentions
BRAND AWARENESS


2.1   Engagement
       - Traditional Forms
What is digital?

  The traditional form of “Engagement” that still exists today are
                  known as Activation Campaigns




                                                                     2 ENGAGEMENT
BRAND AWARENESS


2.2   Engagement
       - Traditional Forms

       - Facebook’s
       “People Talking About This”
       Score
People Talking About This




                            2 ENGAGEMENT
People Talking About This


                            6: Recommended your
   1: Posted on wall




                                                     2 ENGAGEMENT
                            page
                            7: Mentioned your
   2: Liked a post
                            page
                            8: Tagged your page in
   3: Shared a post         a photograph
                            9: Responded to a
   4: Commented on a post
                            Question or post
   5: Checked into your     10: Responded to an
   page place               event you created
BRAND AWARENESS


2.2   Engagement
       - Traditional Forms

       - Facebook’s
       “People Talking About
       This” Score

       - ReTweets
ReTweets

  ReTweets are equivalent to E-mail Forwarding on Twitter,
     with the exception that when we retweet, we are




                                                             2 ENGAGEMENT
   “forwarding” the message to all our friends on Twitter.
BRAND AWARENESS


2.3   Engagement
       - Traditional Forms

       - Facebook’s
       “People Talking About
       This” Score

       - ReTweets

       - Content Conversations
Content Conversations

   When your audiences comment on your social content,
       they are already interacting with your brand!




                                                         2 ENGAGEMENT
Content Conversations
  Measure the amount of people
  talking about your brand on the
       social web every month




                                    2 ENGAGEMENT
Cost-per-Engagement

  Measure your Cost-per-Engagement across all marketing
    channels, this gives your management a good sense of




                                                           2 ENGAGEMENT
          which marketing channel is more effective
Engagement ROI




                 2 ENGAGEMENT
3
    Social Media ROI
    INFLUENCE
    3.1 Positive Social Brand Mentions

    3.2 Category Share of Voice

    3.3 Category Share of Search
BRAND AWARENESS


3.1   Influence
      - Positive Social Brand Mentions
Case Study - OPI

 Positive social brand mentions means finding out how many people are
                   positively talking about your brand online

  450	
  




                                                                                      3 INFLUENCE
  400	
  
  350	
  
  300	
  
  250	
  
                                                                        Posi0ve	
  
  200	
  
                                                                        Nega0ve	
  
  150	
  
                                                                        Neutral	
  
  100	
  
    50	
  
      0	
  
              Pre-­‐Purchase	
     Nail	
  Polish	
     Collec0on	
  
                                   Experience	
  
Case Study - OPI

                                                                           Comments about
 Distribution of Sentiment for Pre-Purchase                                Pre-Purchase

                                                                           “Im gonna do my nails , multi




                                                                                                           3 INFLUENCE
    Collec0on	
                                                            opi nude colors ! #Bored”
                                                                           @lilMISSDesired1, Twitter
  Nail	
  Polish	
                                           Neutral	
  
  Experience	
                                                             “Loving the new OPI
                                                             Nega0ve	
  
                                                                           collection!!! Going to get it
Pre-­‐Purchase	
                                             Posi0ve	
     tomorrow”
                                                                           Janice Yeo, Facebook, Photo
                       0	
     200	
     400	
     600	
  
                                                                           “Damn it. Shud I get China
                                                                           Glaze or OPI? Cant make up
                                                                           my effin mind!”
                                                                           June Ooi, Facebook.com,
                                                                           Photo
Case Study - OPI
                                                                       Comments about Nail Polish
                                                                       Experience
      Distribution of Sentiment for Nail
                                                                       “why the FUCK does it take so
              Polish Experience
                                                                       long for opi nail polish to dry.




                                                                                                          3 INFLUENCE
                                                                       #completePISSOFF”
                                                                       @momolotfi, Twitter
    Collec0on	
  
                                                                         “Nails are done, and don’t
  Nail	
  Polish	
                                           Neutral	
   know why it takes so long to
  Experience	
                                                           dry…#yawn #opi
                                                             Nega0ve	
  
                                                                         #germanicure”
Pre-­‐Purchase	
                                             Posi0ve	
   @ehlubk, Twitter

                                                                       “Ew, we played around with
                       0	
     200	
     400	
     600	
               OPI Halloween nail varnishes,
                                                                       and this is what we got… ”
                                                                       Estelle Lim, Facebook.com,
                                                                       Photo
Case Study - OPI
                                                                       Comments about Collection

                                                                       “Check out Mariah Carey’s OPI
         Distribution of Sentiment for                                 colours!!!”
                   Collection                                          Noka Pennsauken, Twitter




                                                                                                           3 INFLUENCE
                                                                       “Skyfall nail color!? WOW! Now
    Collec0on	
                                                        that is product placement.
                                                                       Check out the cool colors all
  Nail	
  Polish	
                                       Neutral	
     naned for 007 movies! Its a chick
  Experience	
                                                         thing. ;-)”
                                                         Nega0ve	
  
                                                                       Lisa Chelenza, Facebook, Link
Pre-­‐Purchase	
                                         Posi0ve	
  
                                                                       “Boredom = Holiday Nails
                       0	
     200	
   400	
   600	
                   #halloween #nails #essie #OPI
                                                                       #SinfulColors #candycorn
                                                                       #bored http://instagr.am/p/RV1-
                                                                       TQSCSE/”
                                                                       @Malditalokaaa, Twitter
BRAND AWARENESS


3.2   Influence
      - Positive Social Brand Mentions

      - Category Share of Voice
Category Share of Voice
Category Share of Voice means finding out which brand is the most
     talked about within the same category on the social web.




                                                                    3 INFLUENCE
When Asian consumers are discussing about luxury fragrances, the
most talked about one would be Chanel, followed by Marc Jacobs.
Case Study – Luxury Fragrances
   When Asian consumers are discussing about luxury
   fragrances, the most talked about one would be Chanel,
   followed by Marc Jacobs.




                                                            3 INFLUENCE
BRAND AWARENESS


3.3   Influence
      - Positive Social Brand Mentions

      - Category Share of Voice

      - Category Share of Search
Category Share of Search

  Category Share of Search means finding out which brand is the most
         searched within the same category on the social web.




                                                                       3 INFLUENCE
Category Share of Search




                                                                      3 INFLUENCE
   Find out your Share of Search at http://www.google.com/insights/
                                search/
Category Share of Voice ROI




                              3 INFLUENCE
4
    Social Media ROI
    CONVERSIONS
    4.1 RSVP (Cost-per-RSVP)

    4.2 Phone Call Enquiries (Cost-per-Call)

    4.3 Fill Up a Form (Cost-per-Form-Filled)

    4.4 Sign Up (Cost-per-Sign-Up)

    4.5 Donate (Cost-per-Donation)
BRAND AWARENESS


4.1   Conversions
      - Sales-Intended Traffic from
      Social Equities
Sales-Intended Traffic from Social Equities



  Install Google Analytics and find out how many visitors from your social




                                                                             4 CONVERSIONS
       equities are visiting your sales-related pages within your website.
BRAND AWARENESS


4.2   Conversions
      - Sales-Intended Traffic from
      Social Equities

      - Cost Per Visitor
Cost-per-Visitor (CPV)




                                                             4 CONVERSIONS
              Total $ for Growth             Total $ for
              of Social Equities             Engagement

CPV
                     Total Visitors on Sales-Related Pages
BRAND AWARENESS


4.3   Conversions
      - Sales-Intended Traffic from
      Social Equities

      - Cost Per Visitor

      - Actions Taken
Actions Taken



    1: RSVP (Cost Per      3: Fill Up a Form
                           (Cost-per-Form-




                                                   4 CONVERSIONS
    RSVP)
                           Filled)
    2:Phone Call
    Enquiries (Cost-per-   4: Sign Up (Cost-per-
    Call)                  Sign-Up)

                           5: Donate (Cost-per-
                           Donation)
Conversions ROI




                  4 CONVERSIONS
5
    Social Media ROI
    SALES
    5.1 Social-only offers redemptions/clicks

    5.2 Social connectivity of customers
BRAND AWARENESS


5.1   Sales
      - Social-only offers redemptions/
      clicks
Social-only offers redemptions/clicks




                                        1 DIGITAL IN A FEW WORDS
  To track sales, put up offers
  and promotions and make
 them exclusive only on your
    brand’s social equities
BRAND AWARENESS


5.2   Sales
      - Social-only offers redemptions/clicks

      - Social connectivity of customers
Social Connectivity of Customers

Connecting all your customers on a
social CRM platform so you would be
able to see an accurate amount of
increase in sales from customers who are
connected with you socially




                                           5 SALES
Sales ROI




            5 SALES
6
    Social Media ROI
    CONSUMER RETENTION
    6.1 Actions Taken from Top Engaged Users

    6.2 Net-Promoter Score of Socially Connected
    Consumers
BRAND AWARENESS


6.1   Consumer
      Retention
      - Actions Taken from
      Top Engaged Users
Insert title
  Using tools like AgoraPulse, you would be able to discover




                                                               6 CONSUMER RETENTION
  who are your top most engaged fans on Facebook. The
  more engaged they are, the more actions they would take
  to promote your brand among their friends
BRAND AWARENESS


6.2   Consumer
      Retention
      - Actions Taken from Top Engaged
      Users

      - Net-Promoter Score of Socially
      Connected Consumers
Net Promoter Score of Socially Connected
Consumers




                                                                  6 CONSUMER RETENTION
  Net Promoter Score or NPS® can be discovered by asking one
                             simple question:
  How likely is it that you would recommend [your company] to a
                          friend or colleague?
Consumer Retention




                                                  6 CONSUMER RETENTION
   1: Actions Taken from   3: Average
   Top Engaged Users       Consumer Value of
                           Socially Connected
   2. Net-Promoter         Consumers
   Score of Socially       4: Customer Services
   Connected               Issues Handled
   Consumers
                           5: Cost-per-Customer
                           Service Issue
Consumer Retention ROI




                         6 CONSUMER RETENTION
Action Plan




              Pick 3 metrics and measure it
                   for at least 3 months
Thank You!




             Marcus Ho
             E: marcus@internet-success-hub.com
             FB: fb.com/marcuskaho
             D: 800-852-3869 (SG Toll Free Number)

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Social Media ROI

  • 1. 24 Metrics to Measure Social Media ROI Marcus Ho Director (Client Leadership)
  • 3. They’ve Become Category Leaders INTERNET SUCCESS HUB
  • 4. What is digital? ISH CASE STUDY Over US$1.1 million of ticket sales from Facebook in less than 48 hours
  • 5. What is digital? 578%  ROI  for  Interna0onal   Cosme0c  Contact  Lenses   ISH CASE STUDY Brand,  FreshKon   Full case study: http://bit.ly/smh-freshkon
  • 6. What is digital? ISH CASE STUDY Over  S$3.6  million  of  savings   for  interna0onal  lingerie   brand,    Wacoal     Case Study coming soon on www.social-mediahub.com
  • 7. 1 Social Media ROI 1 Brand Awareness 2 Sales/Actions 3 Consumer Retention 4 Conclusion and Actionable Steps
  • 9. 1 Brand Awareness EXPOSURE 1.1 Understanding “Brand Awareness” 1.2 Facebook Likes 1.3 Total Reach 1.4 Viewers 1.5 Cost-per-Impression
  • 10. Understanding “Brand Awareness” 1 EXPOSURE What is Brand Awareness?
  • 11. Understanding “Brand Awareness” Brand awareness refers to customers' ability to recall and recognize the brand under different conditions and link to the brand name, logo, jingles and so 1 EXPOSURE on to certain associations in memory*
  • 12. Current Practises Most brands buy traditional media to get their first level of brand awareness (exposure) to get their products out in the market 1 EXPOSURE
  • 13. BRAND AWARENESS 1.2 EXPOSURE - Facebook Likes
  • 14. Facebook Likes When someone likes your Page, they are giving you access to their News Feed. This is equivalent to any of your audiences giving you their email address 1 EXPOSURE
  • 15. BRAND AWARENESS 1.3 EXPOSURE - Facebook Likes - Total Reach
  • 16. What is “Total Reach”? Total Reach is the amount of 1 audience that have seen your 1 EXPOSURE content. 1. Weekly Total Reach 2. Reach 2
  • 17. BRAND AWARENESS 1.4 EXPOSURE - Facebook Likes - Total Reach - Viewers & Web Traffic
  • 18. Viewers and Web Traffic 1 EXPOSURE
  • 19. BRAND AWARENESS 1.5 EXPOSURE - Facebook Likes - Total Reach - Viewers & Web Traffic - Cost Per Impression
  • 20. Cost Per Impression ROI Measure your Cost-per- Impression across all marketing 1 EXPOSURE channels. This gives your management a good sense of which marketing channel is more effective.
  • 22. 2 Brand Awareness ENGAGEMENT 2.1 Traditional Forms 2.2 Facebook’s “People Talking About This” Score 2.3 ReTweets 2.4 Comments 2.5 Social Brand Mentions
  • 23. BRAND AWARENESS 2.1 Engagement - Traditional Forms
  • 24. What is digital? The traditional form of “Engagement” that still exists today are known as Activation Campaigns 2 ENGAGEMENT
  • 25. BRAND AWARENESS 2.2 Engagement - Traditional Forms - Facebook’s “People Talking About This” Score
  • 26. People Talking About This 2 ENGAGEMENT
  • 27. People Talking About This 6: Recommended your 1: Posted on wall 2 ENGAGEMENT page 7: Mentioned your 2: Liked a post page 8: Tagged your page in 3: Shared a post a photograph 9: Responded to a 4: Commented on a post Question or post 5: Checked into your 10: Responded to an page place event you created
  • 28. BRAND AWARENESS 2.2 Engagement - Traditional Forms - Facebook’s “People Talking About This” Score - ReTweets
  • 29. ReTweets ReTweets are equivalent to E-mail Forwarding on Twitter, with the exception that when we retweet, we are 2 ENGAGEMENT “forwarding” the message to all our friends on Twitter.
  • 30. BRAND AWARENESS 2.3 Engagement - Traditional Forms - Facebook’s “People Talking About This” Score - ReTweets - Content Conversations
  • 31. Content Conversations When your audiences comment on your social content, they are already interacting with your brand! 2 ENGAGEMENT
  • 32. Content Conversations Measure the amount of people talking about your brand on the social web every month 2 ENGAGEMENT
  • 33. Cost-per-Engagement Measure your Cost-per-Engagement across all marketing channels, this gives your management a good sense of 2 ENGAGEMENT which marketing channel is more effective
  • 34. Engagement ROI 2 ENGAGEMENT
  • 35. 3 Social Media ROI INFLUENCE 3.1 Positive Social Brand Mentions 3.2 Category Share of Voice 3.3 Category Share of Search
  • 36. BRAND AWARENESS 3.1 Influence - Positive Social Brand Mentions
  • 37. Case Study - OPI Positive social brand mentions means finding out how many people are positively talking about your brand online 450   3 INFLUENCE 400   350   300   250   Posi0ve   200   Nega0ve   150   Neutral   100   50   0   Pre-­‐Purchase   Nail  Polish   Collec0on   Experience  
  • 38. Case Study - OPI Comments about Distribution of Sentiment for Pre-Purchase Pre-Purchase “Im gonna do my nails , multi 3 INFLUENCE Collec0on   opi nude colors ! #Bored” @lilMISSDesired1, Twitter Nail  Polish   Neutral   Experience   “Loving the new OPI Nega0ve   collection!!! Going to get it Pre-­‐Purchase   Posi0ve   tomorrow” Janice Yeo, Facebook, Photo 0   200   400   600   “Damn it. Shud I get China Glaze or OPI? Cant make up my effin mind!” June Ooi, Facebook.com, Photo
  • 39. Case Study - OPI Comments about Nail Polish Experience Distribution of Sentiment for Nail “why the FUCK does it take so Polish Experience long for opi nail polish to dry. 3 INFLUENCE #completePISSOFF” @momolotfi, Twitter Collec0on   “Nails are done, and don’t Nail  Polish   Neutral   know why it takes so long to Experience   dry…#yawn #opi Nega0ve   #germanicure” Pre-­‐Purchase   Posi0ve   @ehlubk, Twitter “Ew, we played around with 0   200   400   600   OPI Halloween nail varnishes, and this is what we got… ” Estelle Lim, Facebook.com, Photo
  • 40. Case Study - OPI Comments about Collection “Check out Mariah Carey’s OPI Distribution of Sentiment for colours!!!” Collection Noka Pennsauken, Twitter 3 INFLUENCE “Skyfall nail color!? WOW! Now Collec0on   that is product placement. Check out the cool colors all Nail  Polish   Neutral   naned for 007 movies! Its a chick Experience   thing. ;-)” Nega0ve   Lisa Chelenza, Facebook, Link Pre-­‐Purchase   Posi0ve   “Boredom = Holiday Nails 0   200   400   600   #halloween #nails #essie #OPI #SinfulColors #candycorn #bored http://instagr.am/p/RV1- TQSCSE/” @Malditalokaaa, Twitter
  • 41. BRAND AWARENESS 3.2 Influence - Positive Social Brand Mentions - Category Share of Voice
  • 42. Category Share of Voice Category Share of Voice means finding out which brand is the most talked about within the same category on the social web. 3 INFLUENCE When Asian consumers are discussing about luxury fragrances, the most talked about one would be Chanel, followed by Marc Jacobs.
  • 43. Case Study – Luxury Fragrances When Asian consumers are discussing about luxury fragrances, the most talked about one would be Chanel, followed by Marc Jacobs. 3 INFLUENCE
  • 44. BRAND AWARENESS 3.3 Influence - Positive Social Brand Mentions - Category Share of Voice - Category Share of Search
  • 45. Category Share of Search Category Share of Search means finding out which brand is the most searched within the same category on the social web. 3 INFLUENCE
  • 46. Category Share of Search 3 INFLUENCE Find out your Share of Search at http://www.google.com/insights/ search/
  • 47. Category Share of Voice ROI 3 INFLUENCE
  • 48. 4 Social Media ROI CONVERSIONS 4.1 RSVP (Cost-per-RSVP) 4.2 Phone Call Enquiries (Cost-per-Call) 4.3 Fill Up a Form (Cost-per-Form-Filled) 4.4 Sign Up (Cost-per-Sign-Up) 4.5 Donate (Cost-per-Donation)
  • 49. BRAND AWARENESS 4.1 Conversions - Sales-Intended Traffic from Social Equities
  • 50. Sales-Intended Traffic from Social Equities Install Google Analytics and find out how many visitors from your social 4 CONVERSIONS equities are visiting your sales-related pages within your website.
  • 51. BRAND AWARENESS 4.2 Conversions - Sales-Intended Traffic from Social Equities - Cost Per Visitor
  • 52. Cost-per-Visitor (CPV) 4 CONVERSIONS Total $ for Growth Total $ for of Social Equities Engagement CPV Total Visitors on Sales-Related Pages
  • 53. BRAND AWARENESS 4.3 Conversions - Sales-Intended Traffic from Social Equities - Cost Per Visitor - Actions Taken
  • 54. Actions Taken 1: RSVP (Cost Per 3: Fill Up a Form (Cost-per-Form- 4 CONVERSIONS RSVP) Filled) 2:Phone Call Enquiries (Cost-per- 4: Sign Up (Cost-per- Call) Sign-Up) 5: Donate (Cost-per- Donation)
  • 55. Conversions ROI 4 CONVERSIONS
  • 56. 5 Social Media ROI SALES 5.1 Social-only offers redemptions/clicks 5.2 Social connectivity of customers
  • 57. BRAND AWARENESS 5.1 Sales - Social-only offers redemptions/ clicks
  • 58. Social-only offers redemptions/clicks 1 DIGITAL IN A FEW WORDS To track sales, put up offers and promotions and make them exclusive only on your brand’s social equities
  • 59. BRAND AWARENESS 5.2 Sales - Social-only offers redemptions/clicks - Social connectivity of customers
  • 60. Social Connectivity of Customers Connecting all your customers on a social CRM platform so you would be able to see an accurate amount of increase in sales from customers who are connected with you socially 5 SALES
  • 61. Sales ROI 5 SALES
  • 62. 6 Social Media ROI CONSUMER RETENTION 6.1 Actions Taken from Top Engaged Users 6.2 Net-Promoter Score of Socially Connected Consumers
  • 63. BRAND AWARENESS 6.1 Consumer Retention - Actions Taken from Top Engaged Users
  • 64. Insert title Using tools like AgoraPulse, you would be able to discover 6 CONSUMER RETENTION who are your top most engaged fans on Facebook. The more engaged they are, the more actions they would take to promote your brand among their friends
  • 65. BRAND AWARENESS 6.2 Consumer Retention - Actions Taken from Top Engaged Users - Net-Promoter Score of Socially Connected Consumers
  • 66. Net Promoter Score of Socially Connected Consumers 6 CONSUMER RETENTION Net Promoter Score or NPS® can be discovered by asking one simple question: How likely is it that you would recommend [your company] to a friend or colleague?
  • 67. Consumer Retention 6 CONSUMER RETENTION 1: Actions Taken from 3: Average Top Engaged Users Consumer Value of Socially Connected 2. Net-Promoter Consumers Score of Socially 4: Customer Services Connected Issues Handled Consumers 5: Cost-per-Customer Service Issue
  • 68. Consumer Retention ROI 6 CONSUMER RETENTION
  • 69. Action Plan Pick 3 metrics and measure it for at least 3 months
  • 70. Thank You! Marcus Ho E: marcus@internet-success-hub.com FB: fb.com/marcuskaho D: 800-852-3869 (SG Toll Free Number)