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Maximizing your budget
Get value from social media
Slides: slideshare.com/wahinemedia
Don’t fall into the social media abyss
Start with what’s important
Budget Allocation
Content development 25% - 40%
Labor and time 50% - 70%
Social ads 10% - 15%
3rd party tools 5% - 10%
Part 1: Content +
Community Management
That’s less than a goldïŹsh
The average attention span of
a human is 8 seconds
People in the U.S. check their
Facebook, Twitter, and other social
media accounts 17 times a day
The majority of these compulsive
social media checkers are adults,
with the highest usage observed in
those between the ages of 25 and 54
Organically, Facebook only shows
your content to about 3% of fans
Twitter and Instagram have
algorithm-based news feeds as well
Defeat the algorithm with:
Stellar content
Superior customer service
Content is key: leave your
breadcrumbs for all to ïŹnd
Post every time with intention, always aim
to create beauty
Content must catch the eye: color correct,
straighten horizons, crop
Don’t get complex or wordy, only one
thought at a time
Caption is equally as important as visual
Learn the art of the soft sell
‱ Compelling photo or video
‱ Caption is one sentence or two
‱ Use colorful, lively action verbs
‱ Don’t describe the image, make me feel
something
‱ Spelling, grammar and punctuation are correct
‱ All people are identiïŹed appropriately
‱ “Below” and “pictured here” below unnecessary
‱ Other businesses tagged
‱ Photo credit given
‱ Hashtags used properly
Caption checklist
Great content creation apps
Over, Boomerang, Flipagram,
Ripl, Cinemagraph, Legend,
Facetune, Quik
Engage and care: the only
“free” part of social
Check all your proïŹles daily

Engage and talk story with enthusiasm

Handle customer service with ïŹrm protocols
(24 hour resolution time)
Go beyond your proïŹles

‱ Monitor your brand and relevant hashtags

‱ Brick & mortar must monitor geotag

‱ Hang out in the home feed (10 min per day)
Break time!
Budget Allocation
Content development 25% - 40%
Labor and time 50% - 70%
Social ads 10% - 15%
3rd party tools 5% - 10%
Part 2: Social ads and
measurement techniques
Gone are the days of “free”
Social ads are not optional
Bring people through strategic funnel
Awareness

video views, impressions
Consideration

engagements (boost post), fan/follow,
clicks into website
Conversion

conversion on website,
completed lead forms
Don’t expect conversions
from “cold call” ads!
Develop audiences frequently
Retargeting: website clicks, page engagers,
video viewers, customer lists

Lookalike: similar audiences to existing

Interest targeting: inïŹnite possibilities

Geofencing: speciïŹc locations

People currently traveling
Social advertising ninja tip
Do not target the same audience in
two diïŹ€erent ads

You’re creating competition among
yourself and driving up the price of
the result
What can you do with $550 per
month ad budget?
$150: video view ads
ROI: build awareness & email subscribers
Run time: throughout the month
Targeting:
general interests > location /
demographics

CTA button: sign up for email list
Capture 10 second or more video
viewers for retargeting
$200: Boost post ads (1x per week)
ROI: create engagements & clicks into website
Run time: choose top post each week to boost
Targets:
alternate between fans + friends and
lookalike audiences
Lookalike page engagers > interests

Lookalike website traïŹƒc > interests

Lookalike video viewers > interests
$200: Page like ads
ROI: convert to fans

Run time: throughout month

Targets:
page engagers

video viewers 10+ seconds

website traïŹƒc

email lists
Know if your eïŹ€orts are worth it
Track metrics that are valuable for each
department social media plays a role in
Customer service: response time,
engagements, sentiment
Marketing: impressions, reach, clicks to
website, fan demographics
Sales: leads, clicks to application form,
ticket sales, bounce rate, time on site
Social media may not be free,
but it has tremendous value
Every action is measurable and
worth something
Generated Media Value
What value is your social media
program generating?
Assign each measurable action a dollar
value

The value can be assessed based upon
what it would cost to pay for it via
advertising

You may also assign a “perceived” value,
such as the value of someone posting a
photo about your brand
Social media tools to consider
Hootsuite: strength in monitoring, multiple
streams at once

Sprout Social: strength in reports, Instagram
reporting, proïŹle cleanup

Planoly: plan out Instagram posts with easy
drag and drop thumbnails

Tweet Deck: free, multiple stream monitoring

Agora Pulse: strength in reports, CRM 

Falcon / SOCi: enterprise full suite tool

Olapic: UGC harvesting, integration with web
Stand out from your competition:
trends to embrace
Ephemeral content (IG stories, Snapchat, FB stories)

InïŹ‚uencer partnerships - remember FTC guidelines!

Chatbots 

User generated content (UGC)

Going LIVE

Facebook canvas & lead forms (the new landing page)
Wahine Media
wahinemedia.com

Facebook/ Instagram / Twitter
@wahinemedia

Gwen Woltz
Twitter/Instagram: @gjwahine

Download this slideshow:

http://slideshare.net/wahinemedia
Keep in touch!

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Maximizing Your Budget: Get Value From Social Media

  • 1. Maximizing your budget Get value from social media Slides: slideshare.com/wahinemedia
  • 2.
  • 3.
  • 4. Don’t fall into the social media abyss Start with what’s important
  • 5. Budget Allocation Content development 25% - 40% Labor and time 50% - 70% Social ads 10% - 15% 3rd party tools 5% - 10%
  • 6. Part 1: Content + Community Management
  • 7. That’s less than a goldïŹsh The average attention span of a human is 8 seconds
  • 8. People in the U.S. check their Facebook, Twitter, and other social media accounts 17 times a day The majority of these compulsive social media checkers are adults, with the highest usage observed in those between the ages of 25 and 54
  • 9. Organically, Facebook only shows your content to about 3% of fans Twitter and Instagram have algorithm-based news feeds as well
  • 10. Defeat the algorithm with: Stellar content Superior customer service
  • 11. Content is key: leave your breadcrumbs for all to ïŹnd
  • 12. Post every time with intention, always aim to create beauty
  • 13.
  • 14.
  • 15. Content must catch the eye: color correct, straighten horizons, crop
  • 16.
  • 17.
  • 18. Don’t get complex or wordy, only one thought at a time
  • 19.
  • 20.
  • 21. Caption is equally as important as visual
  • 22.
  • 23. Learn the art of the soft sell
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29. ‱ Compelling photo or video ‱ Caption is one sentence or two ‱ Use colorful, lively action verbs ‱ Don’t describe the image, make me feel something ‱ Spelling, grammar and punctuation are correct ‱ All people are identiïŹed appropriately ‱ “Below” and “pictured here” below unnecessary ‱ Other businesses tagged ‱ Photo credit given ‱ Hashtags used properly Caption checklist
  • 30. Great content creation apps Over, Boomerang, Flipagram, Ripl, Cinemagraph, Legend, Facetune, Quik
  • 31. Engage and care: the only “free” part of social
  • 32. Check all your proïŹles daily Engage and talk story with enthusiasm Handle customer service with ïŹrm protocols (24 hour resolution time)
  • 33.
  • 34.
  • 35.
  • 36. Go beyond your proïŹles ‱ Monitor your brand and relevant hashtags ‱ Brick & mortar must monitor geotag ‱ Hang out in the home feed (10 min per day)
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  • 43. Budget Allocation Content development 25% - 40% Labor and time 50% - 70% Social ads 10% - 15% 3rd party tools 5% - 10%
  • 44. Part 2: Social ads and measurement techniques
  • 45. Gone are the days of “free” Social ads are not optional
  • 46.
  • 47. Bring people through strategic funnel Awareness video views, impressions Consideration engagements (boost post), fan/follow, clicks into website Conversion conversion on website, completed lead forms
  • 48. Don’t expect conversions from “cold call” ads!
  • 49. Develop audiences frequently Retargeting: website clicks, page engagers, video viewers, customer lists Lookalike: similar audiences to existing Interest targeting: inïŹnite possibilities Geofencing: speciïŹc locations People currently traveling
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  • 54. Social advertising ninja tip Do not target the same audience in two diïŹ€erent ads You’re creating competition among yourself and driving up the price of the result
  • 55. What can you do with $550 per month ad budget?
  • 56. $150: video view ads ROI: build awareness & email subscribers Run time: throughout the month Targeting: general interests > location / demographics CTA button: sign up for email list Capture 10 second or more video viewers for retargeting
  • 57. $200: Boost post ads (1x per week) ROI: create engagements & clicks into website Run time: choose top post each week to boost Targets: alternate between fans + friends and lookalike audiences Lookalike page engagers > interests Lookalike website traïŹƒc > interests Lookalike video viewers > interests
  • 58. $200: Page like ads ROI: convert to fans Run time: throughout month Targets: page engagers video viewers 10+ seconds website traïŹƒc email lists
  • 59.
  • 60. Know if your eïŹ€orts are worth it
  • 61. Track metrics that are valuable for each department social media plays a role in
  • 62. Customer service: response time, engagements, sentiment
  • 63. Marketing: impressions, reach, clicks to website, fan demographics
  • 64. Sales: leads, clicks to application form, ticket sales, bounce rate, time on site
  • 65. Social media may not be free, but it has tremendous value Every action is measurable and worth something
  • 66. Generated Media Value What value is your social media program generating?
  • 67. Assign each measurable action a dollar value The value can be assessed based upon what it would cost to pay for it via advertising You may also assign a “perceived” value, such as the value of someone posting a photo about your brand
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  • 72. Social media tools to consider
  • 73. Hootsuite: strength in monitoring, multiple streams at once Sprout Social: strength in reports, Instagram reporting, proïŹle cleanup Planoly: plan out Instagram posts with easy drag and drop thumbnails Tweet Deck: free, multiple stream monitoring Agora Pulse: strength in reports, CRM Falcon / SOCi: enterprise full suite tool Olapic: UGC harvesting, integration with web
  • 74. Stand out from your competition: trends to embrace
  • 75. Ephemeral content (IG stories, Snapchat, FB stories) InïŹ‚uencer partnerships - remember FTC guidelines! Chatbots User generated content (UGC) Going LIVE Facebook canvas & lead forms (the new landing page)
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  • 83. Wahine Media wahinemedia.com Facebook/ Instagram / Twitter @wahinemedia Gwen Woltz Twitter/Instagram: @gjwahine Download this slideshow: http://slideshare.net/wahinemedia Keep in touch!