What Social Media ROI doesn't mean - PechaKucha
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Transcript of What Social Media ROI doesn't mean - PechaKucha
12 common types of Social Media Monkeys:
A tale of R.O.I. Confusion
DON’T BE A MONKEY.
Business Terminology Matters. Learn it.
RETURN ON Incompetence
Darn! Nobody told me that being a Social Media Director meant I would need to know
how to do stuff!
RETURN ON Inaccurate
Use fuzzy words and fuzzy math, get fuzzy results.
What fake buzzwords really say about you.
RETURN ON Impact WTF?
(The sports-obsessed go-getter)
RETURN ON Importance
I think I rock!
(The ambitious egomaniac)
RETURN ON Ignition WTF?
(The clueless consultant)
RETURN ON Italian
(Tastier than RETURN ON Identity)
(The overmedicated copywriter)
RETURN ON Impressions
My seat is broken,This movie sucks,
And someone farted.Want more impressions?
Attention is not a unit of return.
(The Media-obsessed bean-counter)
RETURN ON Indecision
@cocacola?@pepsi?
(The MarketShare-fixated opportunist)
RETURN ON Idiocy
(Be present in Social Media, but do nothing.)
(The clueless corporate pawn)
INFLUENCE
RETURN ON Influence
Influence: The ability to produce an effect on the actions, behavior and opinions of others.
(The overconfident evangelist)
RETURN ON Infection
(The “viral” obsessed account exec.)
Beware the post-fad crash.
RETURN ON Indulgence
(The trend-watching schemer)
RETURN ON Infidelity
(The fast-thinking spin doctor)
INCALCULABLE
RETURN ON Incalculable
(Forget ROI altogether)
(The Social Media purist)
R.O.I.RETURN ON INVESTMENT
EMPHASIS ON “INVESTMENT”
THE “R” AND THE “I” = SAME CURRENCY
ROI =COST OF INVESTMENT
(GAIN FROM INVESTMENT - COST OF INVESTMENT)
THE R.O.I. EQUATION
Image credit:Slides 1, 7, 17, 18, 19, 20 copyright Olivier Blanchard 2009 All other images ripped from Google Images and may be subject to copyright protection.
Presented to SMC Greenville on Thursday July 30, 2009 – Greenville, SC