Social Media ROI Measurement

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Social Media ROI Measurement Presented to the SOME Tourism Symposium by Destination Analysts, Inc. Baton Rouge Case Study

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Social Media ROI Measurement. Baton Rouge Case Study. Presented to the SOME Tourism Symposium by Destination Analysts, Inc. What is Return on Investment?. A Destination’s Perspective. Direct visitor spending in a destination directly resulting from the DMO’s marketing campaign. - PowerPoint PPT Presentation

Transcript of Social Media ROI Measurement

Page 1: Social Media ROI Measurement

Social Media ROI Measurement

Presented to the SOME Tourism Symposium by Destination Analysts, Inc.

Baton Rouge Case Study

Page 2: Social Media ROI Measurement

What is Return on Investment?

Direct visitor spending in a destination directly resulting from the DMO’s marketing campaign.

A Destination’s Perspective

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Estimating DMO Website ROI

Intercept Survey

Time to travel passes

Follow-up Survey

Place of residence

Type of website user

Point in travel planning cycle

Expected date of arrival

Opt-in for follow-up survey

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Estimating DMO Website ROI

Intercept Survey

Time to travel passes

Follow-up Survey

Place of residence

Type of website user

Point in travel planning cycle

Expected date of arrival

Opt-in for follow-up survey

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Estimating DMO Website ROI

Intercept Survey

Time to travel passes

Follow-up Survey

Visitation to destination?

Website influence on:o Decision to visito Length of stay

Spending

Length of stay

Place of residence

Type of website user

Point in travel planning cycle

Expected date of arrival

Opt-in for follow-up survey

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Estimating DMO Website ROI

Intercept Survey

Time to travel passes

Follow-up Survey

Visitation to destination?

Website influence on:o Decision to visito Length of stay

Spending

Length of stay

Place of residence

Type of website user

Point in travel planning cycle

Expected date of arrival

Opt-in for follow-up survey

Data appended

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Incremental trips generated (per 1,000 unique website visitors) 34

Spending generated per incremental trip

$612

Total visitor spending on incremental trips (per 1,000 unique) $21,573

Days spent in market on extended trips (per 1,000 unique)

35

Total spending on extended trips (per 1,000 unique) $6,605

Total ROI (per 1,000 unique ) $28,178

Total ROI (per unique website visitor) $28

Results (Average)

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• Defined audience (followers or fans)

• Electronic communication tool

• Messages pushed outward

Social Media is More Like E-mail

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Social Media Survey Invitations

Facebook

• Several posts on DMO wall• Private messages• Incentives to take survey• 425 completed surveys

Twitter

• Regular tweets about survey• Private message/ad campaign• Incentives to take survey• 238 completed surveys

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Determine the value of these trips/days

$1.24 million $157,000

Identify Incremental Visits (& Trips Extended)3,184 trips (404 days) 380 trips (0 days)

Baton Rouge: Social Media ROI Calculation21,760 Facebook Fans 8,400 Twitter Followers

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Determine the value of these trips/days

$1.24 million $157,000

Identify Incremental Visits (& Trips Extended)3,184 trips (404 days) 380 trips (0 days)

Baton Rouge: Social Media ROI Calculation21,760 Facebook Fans 8,400 Twitter Followers

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Determine the value of these trips/days

$1.24 million $157,000

Identify Incremental Visits (& Trips Extended)3,184 trips (404 days) 380 trips (0 days)

Baton Rouge: Social Media ROI Calculation21,760 Facebook Fans 8,400 Twitter Followers

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Incremental trips generated (per 1,000 unique) 34 146 45

Total visitor spending on incremental trips (per 1,000 unique) $21,573 $54,486

$18,560

Days spent in market on extended trips (per 1,000 unique) 35 14 0

Total ROI (per unique website visitor/fan/follower) $28 $57

$19

Results (Website vs. Social Media)

WebsiteAverage Facebook Twitter

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How Often Do They Read Posts?

Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc.

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How Interesting are BR’s Posts?

Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc.

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How Often Do They Want BR to Post

Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc.

FACEBOOK USERS

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How Often Do They Want BR to Post

Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc.

FACEBOOK USERS TWITTER USERS

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What Information Do They Want?

Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc.

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Why Do They Use FB/Twitter?

Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc.

FACEBOOK USERS

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Why Do They Use FB/Twitter?

Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc.

FACEBOOK USERS TWITTER USERS

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DemographicsFacebook

• Under 35 31.3%

• College grads 50.6%

• Affluent 30.6%

• Employed 73.6%

• Has children 31.8%

Twitter

• Under 35 65.5%

• College grads 72.7%

• Affluent 34.8%

• Employed 86.9%

• Has children 28.1%

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National Perspective• Percent of American travelers who

where inspired to visit a destination based on content received through Facebook: 14.3%– Trip(s) inspired by content posted by

an organization/business on FB: 31.3%

• Percent of American travelers following a CVB on Facebook: 15.3%

• Percent of American Travelers following a State Tourism Office: 8.3%

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