How to Measure the ROI of Social Media: Is it Even Possible?
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Transcript of How to Measure the ROI of Social Media: Is it Even Possible?
Measuring the ROI of Social Media
Michelle G. HeldMetroNY.comPintalk.net
Return on Investment(ROI)
ROI (%) ) * 100
#NOPE
7% understand the
value from digital7%
88%cannot accurately
measure social
88%
#ItsComplicated
Define a Goal
Assign $$$ Value
Attribution
Track: Blurred Lines!Direct19%
Organic35%
Referral2%
Paid Search
6%
Social37%
Direct Organic Referral Paid Search Social
Shorten linksβ’ bit.lyβ’ goo.glβ’ ow.ly
Tag links
/register?utm_source=Pinterest-1&utm_medium=cpc
Friends with Benefits!
β’ Brand Recognitionβ’ Customer Insightsβ’ Website Trafficβ’ Bing SEO
Impressions Sessions
Correlation
Landing Pages
A B
HOME
Choose well
Takeaways
β’Establish Goals!β’Assign a Value $$$β’Tag and Trackβ’Use Analytics!
Michelle G. HeldMetroNY.com
Pintalk.net
metrony