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Dollars and Data: Social Media Advertising and Metrics August 2016

Dollars and Data: Social Media Advertising and Metrics

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Page 1: Dollars and Data: Social Media Advertising and Metrics

Dollars and Data: Social Media

Advertising and Metrics August 2016

Page 2: Dollars and Data: Social Media Advertising and Metrics

KATE MALONEY Assistant Director, Communications & Marketing, University Recreation & Wellness

DANIELLE TARR Social Media Manager, University Communications

Page 3: Dollars and Data: Social Media Advertising and Metrics

SOCIAL MEDIA METRICS Which Ones Matter and How to Learn from Them

Page 4: Dollars and Data: Social Media Advertising and Metrics

Metrics Monitoring

• Identify key metrics • Establish tracking and

benchmarking protocols • Leverage analytics tools • Report data regularly • Learn from performance

Page 5: Dollars and Data: Social Media Advertising and Metrics

Tools for Success

• Free tools – Facebook Insights – Twitter Analytics – TweetReach (limited)

• Hootsuite Enterprise – Account management, team

management, account analytics • Hootsuite Insights

– Hashtag or keyword data

Page 6: Dollars and Data: Social Media Advertising and Metrics

Key Facebook Metrics

• How many people like your page and who are they? – Total Page Likes

• How are your posts performing? – Post Reach – Post Engagement

• Post clicks • Reactions (like, love, wow, etc…) • Comments • Shares

Page 7: Dollars and Data: Social Media Advertising and Metrics
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What else can Facebook Insights tell you?

• How your page and posts are

performing compared to similar pages on Facebook

• When your fans are online • Rate of success based on post

type

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Key Twitter Metrics

• Total Followers • New Followers • Impressions • Engagements

– Retweets – Likes (formerly favorites) – Link Clicks – Media Clicks

• Mentions • Top Tweets

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Measuring Success

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SOCIAL MEDIA ADVERTISING When to Use It, Why to Use It, How to Use It

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Why Social Media Advertising?

• Directly reach

interested people

• Increase engagement

• Expand your impact

• Relatively inexpensive

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What You Can Do With Social Media Advertising

• Find new followers • Encourage followers to take action • Increase event registrations • Encourage donations • Find volunteers • Raise awareness • Increase newsletter signups • Reach your specific audience

Page 23: Dollars and Data: Social Media Advertising and Metrics

Where To Advertise

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Choosing Your Targets

• Demographics – Location – country, state, city, zip – Age, gender, languages, ethnicity – Relationship status, home ownership – Education, occupation – Income or net north – Political affiliation

• Interests – Nearly anything you can think of

• Behaviors – Purchase history – Donation history – Operating system, gaming habits, mobile devices – Travel history

• Website visitors or email subscribers • Lookalike audiences

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The Newsfeed Ad Appears in users’ main feeds on desktop devices

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The Right Column Ad Appears in the right-hand column of users’ newsfeeds on desktop devices

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The Mobile Newsfeed Ad Appears in users’ main feeds on mobile devices

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The Promoted Post Appears in users’ main feeds on both mobile and desktop

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The Instagram Ad Appears in users’ feeds within the Instagram app

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Choosing Your Targets

• Demographics – Location – Gender – Languages – Devices, platforms, cellular carriers

• Behaviors – Purchase history – Propensities (e.g. sports, hobbies, activities) – Car or home ownership – Travel history

• Followers: Users with similar interests to followers of selected account

• Interests: Users interested in selected keywords

• Website visitors or email subscribers • Lookalike audiences

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Promoted Account Encourages new followers

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Promoted Tweet Encourages engagements

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Promoted Trend Encourages tweets on a brand’s hashtag

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Maryland Day Ad Campaign

Platform Spent Clicks Impressions Cost Per Result

Facebook/ Instagram

$3,000 3,576 1,165,329 $0.01-$0.69

Twitter $1,000 493 143,889 $2.03

Totals $4,000 4,069 1,309,218 $0.71

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Other Social Media Ads

Are they worth it?

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Questions?