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THE GET ENGAGED TOUR:
Social Media Analytics Workshop
Senior Director, Strategy & Insights
Wilson Raj
@wilsonraj
wilson.raj@alterian.com
CONTEXT & INDUSTRY
OPPORTUNITY
Marketinghas
Changed
Forever
Mass
Marketing
Is Dead
IT’S ABOUT
Withtheindividual
ENGAGEMENT
Risk to Brands – lack of relevant engagement
Do you just blast email or
do you make it relevant, timely
and personalised
Do you have an
engaging web site
or is it just brochure-ware?
Do you listen to the
conversations about your brand
that customers are having?
Do you know who your
customers are, their value to
you now and in the future
Your
Brand
Wedding Market Summary
Source: Bridal Association of America
Online Wedding Market Summary
Source: Bridal Association of America
Category
Research
OnlineResearch % Buy % Buy Online
Online Wedding Market Summary (cont’d)
Source: Bridal Association of America
Buy %Research %
Research
OnlineCategory Buy Online
THE NEW MEASUREMENT
Brand	
  Audit	
  
Corporate	
  Marke1ng	
  
Public	
  Rela1ons	
  
Compe11ve	
  Insight	
  
Product	
  Development	
  
Search	
  Engine	
  Op1miza1on	
  
Customer	
  Service	
  
Social	
  Media	
  Campaigns	
  
Sales	
  –	
  Lead	
  Gen	
  
Time	
  
Engagement	
  Opportunities for Social Media Monitoring
Digital Engagement Aligned with Buying Process
Affinity
Use
Evaluation
Discovery
Influence
InteractionInvolvement
Intimacy
Source: Forrester Research
• observing others with your brand
• initiating discovery on his/her own
• being encouraged by others
• usefulness of your service/products
• usability of your service/products
• desirability of your service/products
• passion level for your brand
• expression of sentiment
• advocating for/against
• determine credibility
• assess viability
• determine relevance
Measuring Digital Engagement
Involvement
(Measurable
touches)	
  
Interaction
(Measurable actions)	
  
Intimacy
(Sentiment)	
  
Influence
(Likelihood to
recommend)	
  
What to track (illustrative)	
  
•  Site visits
•  Time Spent
•  Pages viewed
•  Search keywords
•  Navigation Paths	
  
•  Contributed
comments
•  Request for
additional info
•  Provide contact info
•  Completed
transactions	
  
•  Comments on 3rd-
party sites, blogs,
etc.
•  Tracking of
customer
contributions
•  Opinions
expressed in
service calls/
interactions
•  Sentiment on
online forums,
review sites
•  Recommend to
friends, family,
acquaintances
•  Product/service sat
ratings
•  Fan sites
•  Viral UGC/WOM
•  Content forwarded
•  Posts on high-
profile/influential
blogs	
  
How to track (illustrative)	
  
Web analytics	
   •  Social media
platforms	
  
•  Brand monitoring
•  SM tools
•  Surveys
•  Brand monitoring
•  SM tools
•  Surveys
Source: Robert Scoble, Brian Haven (Forrester)
TOOLS & OWNERSHIP
Tools	
  ???	
  
Social Media Monitoring Tools
Blogs Google Alerts, Yahoo Alerts
Comments Backtype
Message Boards Board Reader, BoardTracker
Twitter TweetBeep, TwitterSearch
Social Bookmarking StumbleUpon, Digg, Reddit,
Delicious
Social Media Search
Engine
SocialMention, Serph, Keotag
Social Media Monitoring Tools (continued)
Multimedia Search YouTube, Flickr
Custom Feed Social Media Firehose (Yahoo Pipes)
Professional Tools Trackur, SM2, Radian6, Visible
Technologies
Website Traffic Google Analytics, Quantcast, Alexa,
Compete
Blog Traffic &
Backlinks
Technorati, Wordpress
Dashboard Netvibes
FIVE STEP PROCESS
SM Measurement
5 Steps to Success
1.  Listen using a comprehensive tool
2.  Decide on Objectives & Plan Strategy
3.  Objectives will Define Metrics
4.  Benchmark & Execute
5.  Measure, Report & Refine
1. Listen
Consider:
•  Daily Volume
•  Social networks being used
•  Locations of communities online & offline
•  Sentiment & Tone
2. Choose Objectives - Value and ROI
Use Case Value/ROI
Brand Audit Identify opportunities in Social Media
Social Media Campaigns Measure progress of Social Media efforts
Corporate Marketing Increased sales & rate of return on ad spend
Customer Service Increased satisfaction, brand loyalty, awareness
Competitive Insight Identify differentiating features & innovate
Public Relations Efficient use of time & identify influencers
Sales – Lead Generation Increased sales & shortened sales cycle
Search Engine Optimization More effective SEO & organic visibility
Product Development Reduced market research costs
HR Reduced hiring costs & less churn
3-4 Define Metrics and Benchmark
Goals will meet the objective(s)
Percentage increase or decrease of desired results
(over a set period of time)
Examples:
15% increase in word of mouth
10% decrease in demand on wedding services
5% increase in leads from social channels
15% cost reduction in service costs
Benchmarking sets the stage!
Potential Goals
•  Bring outside ideas into your organization
•  Generate more word of mouth
•  Increase customer loyalty
•  Increase product/brand awareness
•  Improve new service success ratios
•  Improve public relations effectiveness
•  Reduce customer acquisition costs
•  Reduce customer support costs
•  Reduce market research costs
•  Reduce service development costs
Tip – Choose 1 or 2 to start with
5. Regular Reporting
•  Report on Objectives
–  Established from specific goals set for your business
•  Qualitative
–  Trends in members, topics, discovery of new communities
•  Quantitative
–  Benchmark based on previous report
•  Web Analytics
–  unless someone else is tracking them
•  Recommendations
–  Based on interactions with customers
Resources
•  ROI Series of 10 white papers – http://AlterianSM2.com
–  Freemium version of SM2 http://socialmedia.alterian.com/
•  Social Media Metrics by Jim Sterne
•  Measuring Public Relationships by Katie Delahaye Paine
•  100 Ways to Measure Social Media by David Berkowitz (Inside the
Marketers Studio Blog)
•  Personality Not Included by Rohit Bhargava
•  Trust Agents by Chris Brogan & Julien Smith
THANK YOU

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Wilson Raj Social Media Analytics Get Engaged Tour Presentation

  • 1. THE GET ENGAGED TOUR: Social Media Analytics Workshop Senior Director, Strategy & Insights Wilson Raj @wilsonraj wilson.raj@alterian.com
  • 6. Risk to Brands – lack of relevant engagement Do you just blast email or do you make it relevant, timely and personalised Do you have an engaging web site or is it just brochure-ware? Do you listen to the conversations about your brand that customers are having? Do you know who your customers are, their value to you now and in the future Your Brand
  • 7. Wedding Market Summary Source: Bridal Association of America
  • 8. Online Wedding Market Summary Source: Bridal Association of America Category Research OnlineResearch % Buy % Buy Online
  • 9. Online Wedding Market Summary (cont’d) Source: Bridal Association of America Buy %Research % Research OnlineCategory Buy Online
  • 11. Brand  Audit   Corporate  Marke1ng   Public  Rela1ons   Compe11ve  Insight   Product  Development   Search  Engine  Op1miza1on   Customer  Service   Social  Media  Campaigns   Sales  –  Lead  Gen   Time   Engagement  Opportunities for Social Media Monitoring
  • 12. Digital Engagement Aligned with Buying Process Affinity Use Evaluation Discovery Influence InteractionInvolvement Intimacy Source: Forrester Research • observing others with your brand • initiating discovery on his/her own • being encouraged by others • usefulness of your service/products • usability of your service/products • desirability of your service/products • passion level for your brand • expression of sentiment • advocating for/against • determine credibility • assess viability • determine relevance
  • 13. Measuring Digital Engagement Involvement (Measurable touches)   Interaction (Measurable actions)   Intimacy (Sentiment)   Influence (Likelihood to recommend)   What to track (illustrative)   •  Site visits •  Time Spent •  Pages viewed •  Search keywords •  Navigation Paths   •  Contributed comments •  Request for additional info •  Provide contact info •  Completed transactions   •  Comments on 3rd- party sites, blogs, etc. •  Tracking of customer contributions •  Opinions expressed in service calls/ interactions •  Sentiment on online forums, review sites •  Recommend to friends, family, acquaintances •  Product/service sat ratings •  Fan sites •  Viral UGC/WOM •  Content forwarded •  Posts on high- profile/influential blogs   How to track (illustrative)   Web analytics   •  Social media platforms   •  Brand monitoring •  SM tools •  Surveys •  Brand monitoring •  SM tools •  Surveys Source: Robert Scoble, Brian Haven (Forrester)
  • 16. Social Media Monitoring Tools Blogs Google Alerts, Yahoo Alerts Comments Backtype Message Boards Board Reader, BoardTracker Twitter TweetBeep, TwitterSearch Social Bookmarking StumbleUpon, Digg, Reddit, Delicious Social Media Search Engine SocialMention, Serph, Keotag
  • 17. Social Media Monitoring Tools (continued) Multimedia Search YouTube, Flickr Custom Feed Social Media Firehose (Yahoo Pipes) Professional Tools Trackur, SM2, Radian6, Visible Technologies Website Traffic Google Analytics, Quantcast, Alexa, Compete Blog Traffic & Backlinks Technorati, Wordpress Dashboard Netvibes
  • 18. FIVE STEP PROCESS SM Measurement
  • 19. 5 Steps to Success 1.  Listen using a comprehensive tool 2.  Decide on Objectives & Plan Strategy 3.  Objectives will Define Metrics 4.  Benchmark & Execute 5.  Measure, Report & Refine
  • 20. 1. Listen Consider: •  Daily Volume •  Social networks being used •  Locations of communities online & offline •  Sentiment & Tone
  • 21. 2. Choose Objectives - Value and ROI Use Case Value/ROI Brand Audit Identify opportunities in Social Media Social Media Campaigns Measure progress of Social Media efforts Corporate Marketing Increased sales & rate of return on ad spend Customer Service Increased satisfaction, brand loyalty, awareness Competitive Insight Identify differentiating features & innovate Public Relations Efficient use of time & identify influencers Sales – Lead Generation Increased sales & shortened sales cycle Search Engine Optimization More effective SEO & organic visibility Product Development Reduced market research costs HR Reduced hiring costs & less churn
  • 22. 3-4 Define Metrics and Benchmark Goals will meet the objective(s) Percentage increase or decrease of desired results (over a set period of time) Examples: 15% increase in word of mouth 10% decrease in demand on wedding services 5% increase in leads from social channels 15% cost reduction in service costs Benchmarking sets the stage!
  • 23. Potential Goals •  Bring outside ideas into your organization •  Generate more word of mouth •  Increase customer loyalty •  Increase product/brand awareness •  Improve new service success ratios •  Improve public relations effectiveness •  Reduce customer acquisition costs •  Reduce customer support costs •  Reduce market research costs •  Reduce service development costs Tip – Choose 1 or 2 to start with
  • 24. 5. Regular Reporting •  Report on Objectives –  Established from specific goals set for your business •  Qualitative –  Trends in members, topics, discovery of new communities •  Quantitative –  Benchmark based on previous report •  Web Analytics –  unless someone else is tracking them •  Recommendations –  Based on interactions with customers
  • 25. Resources •  ROI Series of 10 white papers – http://AlterianSM2.com –  Freemium version of SM2 http://socialmedia.alterian.com/ •  Social Media Metrics by Jim Sterne •  Measuring Public Relationships by Katie Delahaye Paine •  100 Ways to Measure Social Media by David Berkowitz (Inside the Marketers Studio Blog) •  Personality Not Included by Rohit Bhargava •  Trust Agents by Chris Brogan & Julien Smith