How to Measure the ROI of Social Media: Is it Even Possible?

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Measuring the ROI of Social Media Michelle G. Held MetroNY.com Pintalk.net

Transcript of How to Measure the ROI of Social Media: Is it Even Possible?

Page 1: How to Measure the ROI of Social Media: Is it Even Possible?

Measuring the ROI of Social Media

Michelle G. HeldMetroNY.comPintalk.net

Page 2: How to Measure the ROI of Social Media: Is it Even Possible?

Return on Investment(ROI)

ROI (%) ) * 100

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#NOPE

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7% understand the

value from digital7%

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88%cannot accurately

measure social

88%

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#ItsComplicated

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Define a Goal

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Assign $$$ Value

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Attribution

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Track: Blurred Lines!Direct19%

Organic35%

Referral2%

Paid Search

6%

Social37%

Direct Organic Referral Paid Search Social

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Shorten linksβ€’ bit.lyβ€’ goo.glβ€’ ow.ly

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Tag links

/register?utm_source=Pinterest-1&utm_medium=cpc

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Friends with Benefits!

β€’ Brand Recognitionβ€’ Customer Insightsβ€’ Website Trafficβ€’ Bing SEO

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Impressions Sessions

Correlation

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Landing Pages

A B

HOME

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Choose well

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Takeaways

β€’Establish Goals!β€’Assign a Value $$$β€’Tag and Trackβ€’Use Analytics!

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Michelle G. HeldMetroNY.com

Pintalk.net

metrony