Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other...

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“Are My Social Media Efforts Effective?” Social Media Marketing Analytics

Transcript of Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other...

Page 1: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

“Are My Social Media Efforts Effective?”

Social Media Marketing Analytics

Page 2: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

What Are My Goals?

What is Engagement and am I Doing it Right?

Am I Getting Quality Website Visitors?

Is My Content Any Good?

Am I Generating Leads & Sales?

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“Show Me Data”

Page 4: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Let’s Offer Some Insight!

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Agenda

• Twitter Metrics

• Facebook Metrics

• Google Analytics

• Shout Outs: Listening Platforms

Page 6: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Rules

• Success is Arbitrary; all businesses are different. Begin with benchmarks, then improve them

• Formulas and KPIs are just numbers; taking action to improve business is the goal of any “marketing”

• Track conversions. You’re in this to make money; prove to management social’s contribution

Page 7: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Gather the Following (Monthly) Number of Followers Active Followers Tweets Mentions Retweets Received Retweets Given @Replies Tweets Favorited Number of Clicks from Original Content

Page 8: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Is My Message Relevant to Followers?

• Active Followers/ Total Followers x 100 = Engaged Follower Rate

– Active Followers: Number of followers who retweeted you or mentioned you in a tweet

40/1000 x 100 = 4%

Page 9: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Am I Engaging with Followers?

• (Retweets Given + @replies) / Followers x 100 = Conversation Rate

(100+ 30)/1000 x 100 = 13%

Page 10: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Is My Content Relevant?

• Retweets Received / Tweets x 100 = Amplification Rate

60 / 1000 x 100 = 6%

Page 11: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Is My Content Influential?

• (Mentions + Retweets Received + Favorited Posts)/ Tweets = Content Influence Rate

(120 + 60 +10)/ 1000 x 100 = 19%

Page 12: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Did My Original Content Attract Website/Blog Visitors?

• Original Content Post Clicks / Total Original Content Posts = Clicks per Post

463 /2 = 232

Page 13: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Twitter Metric Dashboards

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Have Fun With Twitilyzer

Page 15: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Gather the Following (Monthly) Number of Page Fans Lost Fans Organic Page Impressions Viral Page Impressions Posts Post Likes, Comments, Shares Consumptions (Post clicks, link clicks, video clicks, photo clicks)

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Is My Page Growing?

• (New Fans-Lost Fans) / Previous Period New Fans = Fan Growth Rate (100-10)/80 = 12%

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Are My Posts or Page Content Viral?

• PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)/ Organic Reach) x 100 = Virality Rate

4,000 / 190,000 x 100 = 2.10%

– Organic reach: The number of unique people, fans or non-fans, who saw this post in their news feed, ticker or on your Page.

– Viral reach: The number of unique people who saw this post from a story published by a friend.

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Is My Content Being Shared?

• # of Shares/ # of Posts= FB Amplification Rate

100 / 60 = 1.66, aka shares per post

Page 19: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Are My Fans Engaging with my Posts?

• PTAT + Consumptions (Clicks or Views of Links in Posts) / Fans x 100 = Fan Engagement Rate

2,000 + 500 / 7,500 x 100 = 33%

Socialbakers research

Page 20: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Is My Content Relevant • (Likes + Comments + Shares)/ Fans x 100 =

Post Engagement Rate

1,600 / 7,500 x 100 = 21%

Photo Video Text Link

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Measure and Tag Posts with Page Lever

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Have Your Conversion Goals Set Up

eCommerce-Purchase Lead Generation- Trials/Content

Page 24: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Create Advanced Segment

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Is Social Media Generating Conversions?

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Does Social Media Contribute to Other Channel Conversions? (Attribution)

Lead Gen Site

eCommerce Site

Page 27: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Which Channels Bring More Engaged Traffic to Your Site/Blog?

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How Does Social Media Engagement Metrics Compare to Other Channels?

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What is the Value of a Social Media Transaction?

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What is the Conversion Rate of Social Media Versus Other Channels?

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ROI: eCommerce

• Gather: Platform Costs, Ad Costs, Content Costs, Time Costs*, Consultant Costs*, Revenue generated (Option- add LTV)

• (Revenue-Costs)/Costs = Return on Investment

• * Depending on philosophy, feel free to eliminate these items.

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Lead Gen Sites: Cost Per Conversion

• Gather: Platform Costs, Ad Costs, Content Costs, Time Costs*, Consultant Costs*, Conversions (Last)

• Costs/Conversions = Cost Per Conversion

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Shout Out: Social Snap

Page 34: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

“OK- Let’s Invest More Into Social”

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Listening and Reputation

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Shout Out:

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Daily Monitoring Emails

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Shout Out:

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Have a Dashboard?

I’ll help you develop and manage a custom dashboard

Page 40: Social Media Metrics & Analytics Guide - NuSpark Marketing · Does Social Media Contribute to Other ... Traffic to Your Site/Blog? How Does Social Media Engagement Metrics Compare

Questions? Need Help? • Contact Paul Mosenson of NuSpark

Marketing • [email protected] • 610-604-0639 • www.nusparkmarketing.com • @nusparkmktg

Happy to Help! That’s my Job!