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WEB METRICS FOR SOCIAL MEDIA MARKETING
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WEB METRICS—HOW IT’S CHANGING
SEARCH MARKETING - Website Optimization (SEO), PPC Social Media Platforms - Blogger, First Giving, Ning, PB Wiki, etc. Social Networks - Facebook, MySpace, LinkedIn, Plaxo, etc. Source: Internet Marketing, Atomic Dog Publishing, 2008 Services - Feedburner, Share This, Mippin, etc.
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TWO Internet strategy basics 1. Get Targets to Visit your Website 2
TWO Internet strategy basics 1. Get Targets to Visit your Website 2. Get Visitors to Exhibit Desired Behavior (Visit Retail Store; purchase online; Access Customer Service/Support)
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SEARCH vs. SOCIAL
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BASIC INTERNET MARKETING METRICS
Site Audience Visitors Unique Visitors Identified Visitors Unduplicated Audience Site Traffic Hits Impressions Page Views (websites) Campaign Measures Programs Products/Offers Search Effectiveness
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CONVERSION ONLINE OR OFFLINE
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DIFFERENT MARKETING TOOLS > DIFFERENT STEPS IN CONVERSION FUNNEL
Chapter B2B Direct Marketing Mary Lou Roberts with Paul D. Berger Applies Equally to B2C multiple step programs Essence of Non-Profit Fundraising Is It the Basic Model for Social Media Marketing???
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GOOGLE ANALYTICS – TRADITIONAL METRICS
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TYPICAL SOCIAL MEDIA APPLICATION
FACEBOOK CORPORATE BLOG VIDEO CHANNEL BANNER ADS ON SOCIAL NETS WEBSITE
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TYPICAL INTERNET METRICS REQUIREMENTS
FACEBOOK CORPORATE BLOG VIDEO CHANNEL BANNER ADS ON SOCIAL NETS WEBSITE SOCIAL MEDIA METRICS “TRADITIONAL” INTERNET METRICS
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THE STRATEGIC MARKETING REQUIREMENTS
FACEBOOK CORPORATE BLOG VIDEO CHANNEL BANNER ADS ON SOCIAL NETS WEBSITE Television Radio SOCIAL MEDIA METRICS Marketing, Advertising Metrics Magazines Newspapers
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HOW DO WE CHOOSE METRICS?
Traditional Internet Marketing Metrics Are Used to Measure Achievement of MARKETING Objectives Offline Marketing Also Contributes to Achievement of Marketing Objectives Specific Social Media Metrics Are Used to Measure Achievement of SOCIAL MEDIA CAMPAIGN Objectives Social Media Metrics Don’t Measure Achievement of Marketing Objectives Unless The Social Media Campaign is the Only Marketing Activity That’s a Bad Idea, but Another Subject
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PUTTING ALL THIS TOGETHER IS HARD
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FROM SHERPA 2010 BENCHMARK This report also provides valuable insights and commentary from more than 2,300 marketers who participated in the benchmark survey and enthusiastically shared their experiences. SB from intro to report
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RADIAN6 – SOCIAL MEDIA METRICS
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PLATFORMS, NETWORKS, SERVICES One by one
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Blogging platforms (backend views)
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BLOGGER ENCOURAGES GOOGLE ANALYTICS
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TYPEPAD METRICS
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LOTS OF SERVICES
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SOCIAL NETWORKS (frontends for competitor analysis, backends your own metrics)
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WATCHING WAL-MART ON FACEBOOK
Can observe data on pages. What happens when/if people click through?
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YOU TUBE
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CORPORATE ‘FAN’ PAGES
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FREE FACEBOOK PAGES vs. ADVERTISING
MySpace Also Appears To Have New Services for Advertisers
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METRICS PERSPECTIVES The Strategy Issue The Metrics Issues
Do You Want to do This? Is this How You Want People to See You? The Metrics Issues If You Are Following a Competitor—Be Sure You are Measuring “Comparables” You Must Understand What Individual Platform Metrics Are How Platforms are Interconnected
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services are used on platforms, networks, websites
Services (Feedburner, Share This, etc.) services are used on platforms, networks, websites
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TYPEPAD OFFERS WIDGETS FROM WIDGETBOX
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WOWZIO IS A WIDGET SUPPLIER
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FACEBOOK HAS > 500,00 Active Apps http://www. facebook
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START SIMPLE WHAT DO YOU NEED (OBJECTIVES); WHAT CAN YOU HANDLE ( TIME, SKILLS)?
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strategic imperatives map metrics to objectives Understand buyer behavior
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TOP 10 THINGS TO MEASURE Social Media Leads Engagement Duration
Bounce Rate Membership Growth/Active Network Size Activity Ratio (Total Members/Active Members) Conversions (Have to Carefully Define) Brand Mentions in Social Media Loyalty Virality Blog Interaction
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CHOOSE METRICS SOURCES BASED ON OBJECTIVES
Free Social Media Web Analytics eBook Search Technorati for terms or titles (Shows number of members for their communities)
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GENERAL/COMPETITOR SITES
To track site traffic and keywords To study audience characteristics To study online ad prices
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TRADITIONAL METRICS FOR ACQUISITION, CONVERSION AND RETENTION
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SOCIAL MEDIA METRICS FOR BLOG CAMPAIGN
OBJECTIVE METRIC(S) Increase Average Visits per Day Average Number of Visits per Day from Google Analytics Number of Comments As long as small, can count May need comment feed Number of ed or Promoted Posts Provided by Share This Icon Number of Incoming Links Hard to Count Will Use GoRank.com as long as free tool is sufficient May need to measure different types of links (other blogs, websites, etc.) A different report for each
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PATTERNS OF INFLUENCE – NOT VIRAL
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SUMMARY Evaluating Success of Social Media Programs Requires Metrics Beyond “Traditional Internet” For Now, Each Behavior May Require a New Metrics Source THE ONLY WAY TO MAKE SENSE OF THIS CHAOS IS STRONG, MEASURABLE OBJECTIVES Metrics Have to Echo Needs, Intents and Behavior of Customers, Not Just Needs of Marketers
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