Measuring Social Media ROI

Post on 20-Aug-2015

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Transcript of Measuring Social Media ROI

I’m Danish Farhan

@danishfarhan & @xische

I founded Xische & Co.Oh, but I’m no expert.

MEASURING SOCIAL

MEDIA ROIMYTH OR REALITY?

That’s a really dumb title for a presentation

I think.

I can’t think of a simpler analogy.

How do you measure ROI?

We need social to grow up just a

wee bit more.

STATE OF SOCIAL TODAY

It’s like saying show me ROI for the receptionist.

STATE OF SOCIAL TODAY

It’s just not optional anymore.

There is no God-metric to say

yes it works.

STATE OF SOCIAL TODAY

STATE OF SOCIAL TODAY

STATE OF SOCIAL TODAY

STATE OF SOCIAL TODAY

Because it’s easy to count, we think

fans must be it.

STATE OF SOCIAL TODAY

Population alone is no indication of a

nation’s prosperity.

STATE OF SOCIAL TODAY

STATE OF SOCIAL TODAY

No two brands are alike.Neither are measurement metrics.

A few practical things to remember.

Social media is not the destination but

the vehicle.

STATE OF SOCIAL TODAY

Social media is not a sales tool.

STATE OF SOCIAL TODAY

It’s an engagement tool.

STATE OF SOCIAL TODAY

Be ready to change.

STATE OF SOCIAL TODAY

Metrics are media agnostic.

What can you measure then hot shot?

6THE REALISTIC NUMBERS

DEFINE WHAT YOU WANT TO MEASURE

THE REALISTIC NUMBERS

Department, product or campaign.

THE REALISTIC NUMBERS

This could mean views of any kind.EXPOSURE

CONNECTIONS

THE REALISTIC NUMBERS

This could mean views of any kind.

ENGAGEMENT

THE REALISTIC NUMBERS

This stuff really matter. As in really.

REFERRALS

THE REALISTIC NUMBERS

Clicks to tactical destinations.

CONVERSIONS

THE REALISTIC NUMBERS

This isn’t easy. But relatively possible.

Now I shut up.

@danishfarhan or @xischewww.xische.com