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Social Media Metrics [an introduction and approach]

Social media metrics gema 2010.11.22

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Page 1: Social media metrics gema 2010.11.22

Social Media Metrics[an introduction and approach]

Page 2: Social media metrics gema 2010.11.22

1.1.introduction.introduction.2.2.approach.approach.3.3.tools. tools. 4.4.examples.examples.

section onesection one: : introduction.introduction.

Page 3: Social media metrics gema 2010.11.22

connection

community

collaboration

characteristics.[what is social media?]

social mediasocial media is the umbrella term applied to the various is the umbrella term applied to the various online media that share these characteristics:online media that share these characteristics:

conversationtransparent

Page 4: Social media metrics gema 2010.11.22

internet & social media.[reach & statistics]

local social media reach:‣Facebook reaches 762,140 West Australians [The West Australian newspaper sells 333,768 copies on a Saturday]

‣Australians spend more time on Facebook than any other country - 8 hours 19 minutes per month.

‣Twitter is Australia’s fastest growing social site, the local audience increased by 400% last year with an estimated 250,000 members in WA

(Source, trybalitic)

Page 5: Social media metrics gema 2010.11.22

social networking

forums

multimedia social bookmarking

micro blogsblogs

platforms.[what is social media?]

hyperlocal

user ratings& reviews

wikis

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owned – paid – earned.[how does it fit into the mix?]

Like PR needs media monitoring to determine success

Social media

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1.1.introduction.introduction.2.2.approach.approach.3.3.tools. tools. 4.4.examples.examples.

Section twoSection two: : approach.approach.

Page 8: Social media metrics gema 2010.11.22

monitor & measure.[why do it?]

measure vs monitor

Monitoring lets you listen and respond in real-time and protect your brand from negative word-of-mouth.

Measurement is crucial for benchmarking and tracking your success over time. It’s what helps you draw comparisons to your peers, analyse the huge ocean of tweets and blog posts, and distil them to a list of actionable insights.

Page 9: Social media metrics gema 2010.11.22

approach[listen, understand & join]

listen.‣ volume & trending‣ share of voice‣ tonal sentiment & themes‣ vocal stakeholders & keywords

understand.‣ understand the communities‣ audit resources & assets‣ outline objectives‣ benchmark & set goals‣ develop an engagement plan

join.‣ phased approach‣ ongoing measurement‣ tweak strategy if necessary

Page 10: Social media metrics gema 2010.11.22

to participate or not.[risk/reward matrix]

exposure customers could say negative things & we have to respond

increased costs in resources: headcount, processes, software to support customers, etc.

less control: customers & competitors will talk about us (good & bad) and we’re not there

demonstrate lack of innovation

not prepared for a crises, stemming more ‘spikey’ costs

PART

ICIP

ATIN

GNO

T PA

RTIC

IPAT

ING

RISKS/CHALLENGES BENEFITS

connect with customers, foster WOM, increase customer satisfaction in support

demonstrate thought leadership, innovation, and foster trust.

tighter control over corporate messaging – although less control as market takes over public conversation

customers will use existing communication channels to get support – no social support

no short term additional costs in resources

Source: Jeremiah Owyang, web-strategist.com

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1.1.introduction to social media.introduction to social media.2.2.approach.approach.3.3.tools. tools. 4.4.examples.examples.

Section threeSection three: : tools.tools.

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tools.[quality & quantity]

how to measure?

The existence of this many tools and the fragmentation of the tools market is evidence of the fact that the space is not quite mature, and doesn’t yet have a set of agreed-upon metrics and best practices.

Source: Maria Ogneva, Mashable

Page 13: Social media metrics gema 2010.11.22

tools.[options by type]

listen.‣google alerts (free)‣google reader (free)

monitor only.

understand.‣nielsen buzzmetrics (AU$750 pm) ‣addictomatic (free)‣viral heat (from US$9.99 pm)‣social mention (free)

monitor & measure.

join.‣ radian 6 (from US$500 pm + data)‣ scoutlabs (now Lithium) (from US$249 pm)

monitor, measure & engage.

Page 14: Social media metrics gema 2010.11.22

tools.[google alerts]

listen.‣google alerts (free)‣google reader (free)

monitor only.

understand.‣nielsen buzzmetrics (AU$750 pm) ‣addictomatic (free)‣viral heat (from US$9.99 pm)‣social mention (free)

monitor & measure.

join.‣ radian 6 (from US$500 pm + data)‣ scoutlabs (now Lithium) (from US$249 pm)

monitor, measure & engage.

Page 15: Social media metrics gema 2010.11.22

tools.[nielsen buzzmetrics]

listen.‣google alerts (free)‣google reader (free)

monitor only.

understand.‣nielsen buzzmetrics (AU$750 pm) ‣addictomatic (free)‣viral heat (from US$9.99 pm)‣social mention (free)

monitor & measure.

join.‣ radian 6 (from US$500 pm + data)‣ scoutlabs (now Lithium) (from US$249 pm)

monitor, measure & engage.

Page 16: Social media metrics gema 2010.11.22

tools.[addictomatic]

listen.‣google alerts (free)‣google reader (free)

monitor only.

understand.‣nielsen buzzmetrics (AU$750 pm) ‣addictomatic (free)‣viral heat (from US$9.99 pm)‣social mention (free)

monitor & measure.

join.‣ radian 6 (from US$500 pm + data)‣ scoutlabs (now Lithium) (from US$249 pm)

monitor, measure & engage.

Page 17: Social media metrics gema 2010.11.22

tools.[viral heat]

listen.‣google alerts (free)‣google reader (free)

monitor only.

understand.‣nielsen buzzmetrics (AU$750 pm) ‣addictomatic (free)‣viral heat (from US$9.99 pm)‣social mention (free)

monitor & measure.

join.‣ radian 6 (from US$500 pm + data)‣ scoutlabs (now Lithium) (from US$249 pm)

monitor, measure & engage.

Page 18: Social media metrics gema 2010.11.22

tools.[social mention]

listen.‣google alerts (free)‣google reader (free)

monitor only.

understand.‣nielsen buzzmetrics (AU$750 pm) ‣addictomatic (free)‣viral heat (from US$9.99 pm)‣social mention (free)

monitor & measure.

join.‣ radian 6 (from US$500 pm + data)‣ scoutlabs (now Lithium) (from US$249 pm)

monitor, measure & engage.

Page 19: Social media metrics gema 2010.11.22

tools.[radian6]

listen.‣google alerts (free)‣google reader (free)

monitor only.

understand.‣nielsen buzzmetrics (AU$750 pm) ‣addictomatic (free)‣viral heat (from US$9.99 pm)‣social mention (free)

monitor & measure.

join.‣ radian 6 (from US$500 pm + data)‣ scoutlabs (now Lithium) (from US$249 pm)

monitor, measure & engage.

Page 20: Social media metrics gema 2010.11.22

tools.[scoutlabs]

listen.‣google alerts (free)‣google reader (free)

monitor only.

understand.‣nielsen buzzmetrics (AU$750 pm) ‣addictomatic (free)‣viral heat (from US$9.99 pm)‣social mention (free)

monitor & measure.

join.‣ radian 6 (from US$500 pm + data)‣ scoutlabs (now Lithium) (from US$249 pm)

monitor, measure & engage.

Page 21: Social media metrics gema 2010.11.22

tools.[help choosing]

what to look out for

‣customisable dashboard ‣allocation of tasks‣sentiment‣find influencers‣add your own sources‣geographic areas‣historical data

Page 22: Social media metrics gema 2010.11.22

tools.[help choosing]

what to look out for

‣customisable dashboard ‣allocation of tasks‣sentiment‣find influencers‣add your own sources‣geographic areas‣historical data

addictomatic

buzzmetrics

Page 23: Social media metrics gema 2010.11.22

tools.[help choosing]

what to look out for

‣customisable dashboard ‣allocation of tasks‣sentiment‣find influencers‣add your own sources‣geographic areas‣historical data

radian6

scoutlabs

Page 24: Social media metrics gema 2010.11.22

tools.[help choosing]

what to look out for

‣customisable dashboard ‣allocation of tasks‣sentiment‣find influencers‣add your own sources‣geographic areas‣historical data

scoutlabs

social mention

Page 25: Social media metrics gema 2010.11.22

tools.[help choosing]

what to look out for

‣customisable dashboard ‣allocation of tasks‣sentiment‣find influencers‣add your own sources‣geographic areas‣historical data

klout

Page 26: Social media metrics gema 2010.11.22

tools.[help choosing]

what to look out for

‣customisable dashboard ‣allocation of tasks‣sentiment‣find influencers‣add your own sources‣geographic areas‣historical data

scoutlabs

Page 27: Social media metrics gema 2010.11.22

tools.[help choosing]

what to look out for

‣customisable dashboard ‣allocation of tasks‣sentiment‣find influencers‣add your own sources‣geographic areas‣historical data

viral heat

Page 28: Social media metrics gema 2010.11.22

tools.[help choosing]

what to look out for

‣customisable dashboard ‣allocation of tasks‣sentiment‣find influencers‣add your own sources‣geographic areas‣historical data scoutlabs

viral heat

Page 29: Social media metrics gema 2010.11.22

tools.[WA tips]

WA specific issues

‣hyper local ‣volume of australian sites covered‣requires unique name and reasonable volume of posts

Page 30: Social media metrics gema 2010.11.22

1.1.introduction to social media.introduction to social media.2.2.approach.approach.3.3.tools. tools. 4.4.examples.examples.

Section fourSection four: : examplesexamples

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examples.[interflora]

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examples.[KML]

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examples.[Murdoch bloggers]

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1.http://au.linkedin.com/in/sandrariches2.http://www.slideshare.net/sandrariches

Any Questions?Any Questions?