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Social Media Doesn’t Sell Tickets 2012 Ticketing Professionals Conference Melbourne, Australia #TixProf

Social Media Doesn't Sell Tickets - NARPACA Conference

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Page 1: Social Media Doesn't Sell Tickets - NARPACA Conference

Social Media Doesn’t Sell Tickets

2012 Ticketing Professionals ConferenceMelbourne, Australia

#TixProf

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@threespot www.24UsableHours.com @devonvsmith

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social  media  isn’t  adver0sing

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social  media  isn’t  the  home  

shopping  network  

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social  media  isn’t  

a  coupon

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so  what  is  social  media?

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why  does  Virgin  Australia  like  social  media?

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why  does  Coca  Cola  like  social  media?

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why  does  network  

television  like  social  media?

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why  does  Starbucks  like  social  media?

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so  what  about  the  arts?

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We  have  crea0ve  content

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We’ve  built  personal  rela0onships

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We  are  natural  storytellers

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Great!  

So  we’re  done  here,  right?

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Everything  will  be  interac0ve

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Everything will be just a click (touch) away

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Everyone  will  be  a  

content  creator

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There  are  no  rules  in  social  media

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But  you  should  be  providing  

unique  value  to  a  

unique  audience  on  each  plaDorm

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Ok,  fine...but  we  really  need  to  sell  0ckets

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Then  let’s  talk  ROI

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What  do  we  measure?

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1. Motivate2. Learn3. Decide

Why  do  we  measure?

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When  you  see  this

Do  you  stop  in  your  tracks  to  buy  a  0cket?

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what  drives  traffic  to  your  website?

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posters displayed in different

neighborhoods!

a customer’s lifetime value!

newspaper advertising!

in-kind sponsorships!

concessions or merchandise by

item!

subscription campaigns (by

hour)!

press release!

email (by word count)!

number of staff at your box

office!

docents greeting

your visitors!

annual gala (including staff

time)!

post show discussions!

staying open for 1 additional hour!

benefits offered to your staff!

co-productions (including staff

time)!

Do  you  measure  the  ROI  of...

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What’s  your  sales  goal?

• Increase  demand  (people  or  frequency)

• Increase  loyalty• Increase  willingness  to  pay• Move  along  purchasing  funnel

• Decrease  acquisi0on  or  maintenance  costs

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Customer 1 Customer 2Spends $200 per year Spends $100 per year

Acquisition cost: $50 Acquisition cost: $25

Maintenance costs: $15/yr Maintenance costs: $50/yr

Loyalty: 5 years Loyalty: 3 years

CLV: $890 CLV: $175

Customer  Life9me  Value

Social Media Fan

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Why  is  social  media  valuable?

If  your  social  media  fans  will

•Recommend  you  to  their  friends

•Like  your  brand  more

•Be  more  influenced  by  (cheap!)  social  media  than  tradi=onal  media

•Spend  more

•Stay  with  you  longer

PS:  these  are  all  goals  you  can  measure

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what  you  measure  ma/ers

But  there’s  no  secret  formula

h/p://bit.ly/100ways

think  about  micro  conversions

li/le  steps  along  a  path  to  a  big  goal

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Measurement  Strategy

32

1.Address  a  real  problem2.Have  a  meaningful  goal3.Test  several  op=ons4.Track  what  you  do,  and  what  the  results  are5.Simplify  your  metrics  to  a  single  dashboard

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the  

MYTH  of  the  perfect  

measurement  tool

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What  are  you  looking  for  in  Facebook  Insights?

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Look for spikes

Look for outliers

Look for engagement

Look for influencers

How  can  you  measure  TwiLer?

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raw data people contenttiming

How  to  measure  a  TwiLer  campaign?

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coming  soon  from  TwiLer.com?  

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Gives you some measure of impressions

How similar are these demographics to your audience?

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What  to  measure  in  YouTube  AnalyNcs

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How  to  measure  Tumblr

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10  Tips  for  Social  Media

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In the beginning, focus on just 1 network

Facebook, 950

YouTube, 880

Twitter, 400

Tumblr, 120

Google+, 100LinkedIn, 90

Instagram, 15

Pinterest, 10

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Build  rela0onships,  not  one  night  stands

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Ask  ques0ons

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Post  signage

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But  Make  It  

Easy

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Follow  the  eyeballs

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Get  to  know  the  science  behind  social  algorithms

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!"#$%&'($)&*%+,-%.)+($/0&,1$!"22$

Post  as  oWen  as  your  audience  reads

Facebook TwiLer

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!"#$%&'($)&*%+,-%.)+($/0&,1$!"22$

On  YouTube,  frequency  competes  with  quality

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!"#$%&'($)&*%+,-%.)+($/0&,1$!"22$

Don’t  duplicate  content  across  channels

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Spend  your  0me  wisely

ListenPost  &  Respond

MeasureLearn  about  social

Create Report Total

Daily

Weekly

Monthly

10  min.  scan  Google  alerts  &  social  menNon

20  min.    post  FB  update,  respond  to  public  menNons

30  min.

30  min.      Pick  3  metrics,  save  them  in  excel  doc

30  min.Scan  your  Google  Reader  feed

3.5  hrs.

10  hrs.Edit  YouTube  video  &  upload

3  hrs.Summarize  findings,  decide  what  to  change,  report

27  hrs.

Let’s  assume  you  have  a  Facebook  Page  updated  daily  &  YouTube  channel  updated  monthly

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My  most  important  secret

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Listen  more  than  you  Talk

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1  Minute  Case  Studies

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Tweet Seats

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User  Generated  Content

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Empower  Your  Audience

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Social  Media  as  

Social  Proof

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Social  Proof

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Social  Sharing  Bu_ons

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Social  Commerce

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Open  Graph  Facebook  Apps

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Social  Buying

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Social  Media  Fundraising

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Social  Broadcas0ng

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Social  Recommenda0ons

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+

Social  Recommenda0ons  via  Collaborators

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Social  Add  Ons  to  the  Ticke0ng  Experience

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Social  Rela0onship  Management

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Social  Adver9sing

71

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Social  Mediaas  a  

listening  tool

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Social  Media  as  Performance  Art

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The  Power  of  Social  Data

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Ques0ons?

@threespot www.24UsableHours.com @devonvsmith

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Appendix:  More  Digital  Case  Studies

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Arts  Start  Ups  Inspired  by  Social  Media

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Rethinking  the  Ticket

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Post-­‐purchase  social  sharing  is  

more  effecNve  than  

pre-­‐purchase  sharing

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Empower  Guest  Ar9sts

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Websites  as  Content

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Art  as  iPad  app