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Leveraging Analytics for
      Social Media ROI




 Presentation for PAS – Dec 18, 2012

Babar Bhatti • babar@mutualmind.com
About Me

• Focus on Social media analytics and data mining
• Background in E-business, Web 2.0, Analytics and Internet Technologies
• Co-founded MutualMind in 2009 - Angel-funded startup in Dallas




     MutualMind is a social media listening, analytics and
     engagement platform with an exclusive focus on OEM
           partners and agency/service providers.

                                                                           2
Today’s Discussion




                 3
Primer on ROI

• Return on Investment – a financial measure
• Why all the confusion?
• Key trends in digital marketing are driving the need for
  better measurement of ROI (and accountability!)
    Age of the Customer
    Paid, Owned and Earned media
    Too much data and noise, non-standard approaches /
     lack of standards, attribution gaps and stand-alone
     products




                                                             4
The ROI Infographic




                  5
Framework: ROI Pyramid




                     6
Framework: Balanced Scorecard




                            7
McKinsey Framework




                 8
ROI Measurement


Social can deliver value for a variety of business purposes
     Marketing Campaigns
     Brand Awareness and Word of Mouth
     Competitive Intelligence
     Customer Intelligence
     Monitor Reputation (Early Warning System)
     Product Feedback (Voice of consumer)
     Market Research
     Customer Service
     Sales (Lead Generation)

POST: People, Objective, Strategy, Technology.



                                                              9
Metrics for Social Marketing


Metrics that Matter
    Listening
          Volume / Sources
          Share of Voice
          Topics
          Sentiments
    Reach and Influence
          Audience segmentation
          Reach / impressions
    Engagement
          Reactions – Likes, shares
          Content marketing
    Sales Impact


                                                            10
Shopper Marketing


                                 Touch Point   Monitor           Social CRM           Amplify             Lead

                                 Consider
                                               Insights
Shopper Lifecycle Intelligence




                                               • SOV          Interactions
                                 Evaluate      • Sentiments   •Responses
                                               • Trends       •Engagement         Word-of-Mouth
                                                              •Customer Service   •Authentic Reach
                                 Buy                                              •Authentic Influence
                                                                                  •Resonance
                                                                                                    Change in:
                                 Experience                                                         • Brand awareness and
                                                                                                      sentiment
                                                                                                    • Consumer behavior
                                                                                                    • Business outcome
                                 Advocate


                                 Bond


                                    Digital and In-store Social Intelligence for Brands & Retailers


                                                                                                                            11
Insights Dashboard




                 12
Sentiments & Reach


Sentiments and Brand Reach




                              13
Competitive Intelligence


MONITORING RESULTS FOR BRAND VS COMPETITION
                                              FACEBOOK PERFORMANCE COMPARISON




                                                                                14
ROI Calculator Example

Configurable, self-service online calculator




                                                              15
ROI Calculator Example




                     16
Additional Resources



• A list of key resources is included on the
  next slide

• For additional case studies, resources and
  questions, please connect with me:
    babar@mutualmind.com
    @thebabar
    www.linkedin.com/in/bbhatti



                                                  17
Selected References

1.  McKinsey & Company – Demystifying Social Media - 2012
2.  IBM Social Analytics – The Science Behind Social Media Marketing -
    2010
3. Altimeter Group – Social Media ROI Cookbook - 2012
4. Forrester Research – The ROI of Social Media Marketing - 2010
5. Forrester 2012 – The ROI of Social Marketing
6. Sloan Management Review – Increasing the ROI of Social Media
    Marketing – Fall 2012
7. Sloan Management Review – Can You Measure the ROI of Your Social
    Media Marketing? – Fall 2010
8. IBM Institute for Business Value Executive Report: Analytics, the New
    Path to Value – October 2010
9. MutualMind Blog (White paper, Infographic)
10. John Lovett - Social Media Metrics Secrets - John Wiley and Sons -
    2012
11. Olivier Blanchard – Social Media ROI – John Wiley and Sons - 2011
                                                                           18

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ROI-presentation-PAS

  • 1. Leveraging Analytics for Social Media ROI Presentation for PAS – Dec 18, 2012 Babar Bhatti • babar@mutualmind.com
  • 2. About Me • Focus on Social media analytics and data mining • Background in E-business, Web 2.0, Analytics and Internet Technologies • Co-founded MutualMind in 2009 - Angel-funded startup in Dallas MutualMind is a social media listening, analytics and engagement platform with an exclusive focus on OEM partners and agency/service providers. 2
  • 4. Primer on ROI • Return on Investment – a financial measure • Why all the confusion? • Key trends in digital marketing are driving the need for better measurement of ROI (and accountability!)  Age of the Customer  Paid, Owned and Earned media  Too much data and noise, non-standard approaches / lack of standards, attribution gaps and stand-alone products 4
  • 9. ROI Measurement Social can deliver value for a variety of business purposes  Marketing Campaigns  Brand Awareness and Word of Mouth  Competitive Intelligence  Customer Intelligence  Monitor Reputation (Early Warning System)  Product Feedback (Voice of consumer)  Market Research  Customer Service  Sales (Lead Generation) POST: People, Objective, Strategy, Technology. 9
  • 10. Metrics for Social Marketing Metrics that Matter  Listening  Volume / Sources  Share of Voice  Topics  Sentiments  Reach and Influence  Audience segmentation  Reach / impressions  Engagement  Reactions – Likes, shares  Content marketing  Sales Impact 10
  • 11. Shopper Marketing Touch Point Monitor Social CRM Amplify Lead Consider Insights Shopper Lifecycle Intelligence • SOV Interactions Evaluate • Sentiments •Responses • Trends •Engagement Word-of-Mouth •Customer Service •Authentic Reach Buy •Authentic Influence •Resonance Change in: Experience • Brand awareness and sentiment • Consumer behavior • Business outcome Advocate Bond Digital and In-store Social Intelligence for Brands & Retailers 11
  • 13. Sentiments & Reach Sentiments and Brand Reach 13
  • 14. Competitive Intelligence MONITORING RESULTS FOR BRAND VS COMPETITION FACEBOOK PERFORMANCE COMPARISON 14
  • 15. ROI Calculator Example Configurable, self-service online calculator 15
  • 17. Additional Resources • A list of key resources is included on the next slide • For additional case studies, resources and questions, please connect with me:  babar@mutualmind.com  @thebabar  www.linkedin.com/in/bbhatti 17
  • 18. Selected References 1. McKinsey & Company – Demystifying Social Media - 2012 2. IBM Social Analytics – The Science Behind Social Media Marketing - 2010 3. Altimeter Group – Social Media ROI Cookbook - 2012 4. Forrester Research – The ROI of Social Media Marketing - 2010 5. Forrester 2012 – The ROI of Social Marketing 6. Sloan Management Review – Increasing the ROI of Social Media Marketing – Fall 2012 7. Sloan Management Review – Can You Measure the ROI of Your Social Media Marketing? – Fall 2010 8. IBM Institute for Business Value Executive Report: Analytics, the New Path to Value – October 2010 9. MutualMind Blog (White paper, Infographic) 10. John Lovett - Social Media Metrics Secrets - John Wiley and Sons - 2012 11. Olivier Blanchard – Social Media ROI – John Wiley and Sons - 2011 18

Hinweis der Redaktion

  1. Serving over 60 brands, majority of them are Fortune 500 multinational corporations
  2. White paper which provides details on various details
  3. ROI is not the same as “any kind of results” – should not use the term without enough context and explanation
  4. Summarizes the concepts presented in the white paper
  5. Summarizes the concepts presented in the white paper
  6. Summarizes the concepts presented in the white paper
  7. Path to Purchase
  8. Case Studies available
  9. Are you using quantifiable metrics as much as possible?
  10. You decide which metrics matter.
  11. Selected references are listed below