10 tips to building a social measurement framework

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TEN TIPS TO BUILDING A SOCIAL MEASUREMENT FRAMEWORK John Lovett, Web Analytics Demystified

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Web Analytics Demystified's ACCELERATE 2012 Chicago - Lovett In this presentation, John Lovett, Senior Partner at Web Analytics Demystified presents 10 tips on Building a Social Measurement Framework

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Page 1: 10 Tips to Building a Social Measurement Framework

TEN TIPS TO BUILDING A SOCIAL MEASUREMENT FRAMEWORK

John Lovett, Web Analytics Demystified

Page 2: 10 Tips to Building a Social Measurement Framework

ABOUT John Lovett (Demystifier)

@[TWITTER] at #ACCELERATE

Page 3: 10 Tips to Building a Social Measurement Framework

ABOUT John Lovett (Author)

@[TWITTER] at #ACCELERATE

Page 4: 10 Tips to Building a Social Measurement Framework

ABOUT John Lovett (DAA Vice Pres)

@[TWITTER] at #ACCELERATE

Page 5: 10 Tips to Building a Social Measurement Framework

ABOUT John Lovett (DAA Certified)

@[TWITTER] at #ACCELERATE

Page 6: 10 Tips to Building a Social Measurement Framework

ABOUT.me/JohnLovett (unplugged)

@[TWITTER] at #ACCELERATE

Page 7: 10 Tips to Building a Social Measurement Framework

• [CONTEXT] Your business (for the next 20 mins):– Produces a Chicago specialty product– Prides itself on local quality only available in stores– Revenue is a key driver, but satisfaction is critical– Wants/Needs to cash-in on social media

Ten Tips For Building a Social Measurement Framework

@johnlovett at #ACCELERATE

Page 8: 10 Tips to Building a Social Measurement Framework

Your Business is…

@johnlovett at #ACCELERATE

Page 9: 10 Tips to Building a Social Measurement Framework

@johnlovett at #ACCELERATE

Page 10: 10 Tips to Building a Social Measurement Framework

TIP #1: Adopt a Framework

@johnlovett at #ACCELERATE

Page 11: 10 Tips to Building a Social Measurement Framework

TIP #1: Adopt a Framework

@johnlovett at #ACCELERATE

Goals

ObjectivesMeasures

Channels

Page 12: 10 Tips to Building a Social Measurement Framework

TIP #2: Develop S.M.A.R.T. Goals

Most businesses have …

@johnlovett at #ACCELERATE

Page 13: 10 Tips to Building a Social Measurement Framework

TIP #2: Develop S.M.A.R.T. Goals

D.U.M.B. Goals• Doable• Understandable• Manageable• Beneficial

Most businesses have …

@johnlovett at #ACCELERATE

Page 14: 10 Tips to Building a Social Measurement Framework

TIP #2: Develop S.M.A.R.T. Goals

D.U.M.B. Goals• Doable• Understandable• Manageable• Beneficial

S.M.A.R.T. Goals• Specific• Measurable• Attainable• Relevant • Timely

You Have …

@johnlovett at #ACCELERATE

Page 15: 10 Tips to Building a Social Measurement Framework

TIP #2: Develop S.M.A.R.T. Goals

Which of the following is a S.M.A.R.T. goal?A) Improve our Yelp rankings in 2012B) Increase foot traffic to our Hyde Park locationC) Increase YOY same-store sales +25% in FY2012D) Get more people to eat our yummy pizza

@johnlovett at #ACCELERATE

Page 16: 10 Tips to Building a Social Measurement Framework

TIP #2: Develop S.M.A.R.T. Goals

Which of the following is a S.M.A.R.T. goal?A) Improve our Yelp rankings in 2012B) Increase foot traffic to our Hyde Park locationC) Increase YOY same-store sales +25% in FY2012D) Get more people to eat our yummy pizza

@johnlovett at #ACCELERATE

Page 17: 10 Tips to Building a Social Measurement Framework

Wicked S.M.A.R.T. Goal

+25% inFY2012

@johnlovett at #ACCELERATE

Page 18: 10 Tips to Building a Social Measurement Framework

TIP #3: Identify Your Objectives

Gain Exposure

Foster Dialogue

Generate Interactions

Facilitate Support

Promote Advocacy

Spur Innovation

< Social

@johnlovett at #ACCELERATE

Page 19: 10 Tips to Building a Social Measurement Framework

Which Social Media Objective(s) map to your goal?A) Gain ExposureB) Foster DialogueC) Generate InteractionsD) Promote AdvocacyE) All of the above

TIP #3: Identify Your Objectives< Social

@johnlovett at #ACCELERATE

Page 20: 10 Tips to Building a Social Measurement Framework

Which Social Media Objective maps to your goal?A) Gain ExposureB) Foster DialogueC) Generate InteractionsD) Promote AdvocacyE) All of the above

+25% inFY2012

TIP #3: Identify Your Objectives< Social

@johnlovett at #ACCELERATE

Page 21: 10 Tips to Building a Social Measurement Framework

Which Social Media Objective maps to your goal?A) Gain ExposureB) Foster DialogueC) Generate InteractionsD) Promote AdvocacyE) All of the above

TIP #3: Identify Your Objectives< Social

@johnlovett at #ACCELERATE

Page 22: 10 Tips to Building a Social Measurement Framework

Goals > Objectives

Gain Exposure

Foster Dialogue

Generate Interactions

Promote Advocacy

+25% inFY2012

@johnlovett at #ACCELERATE

Page 23: 10 Tips to Building a Social Measurement Framework

Goals > Objectives

Gain Exposure

Foster Dialogue

Generate Interactions

Promote Advocacy

+25% inFY2012

@johnlovett at #ACCELERATE

Page 24: 10 Tips to Building a Social Measurement Framework

TIP #4: Measure What Matters

Goal: +25% in FY2012 Objective: Promote Advocacy

Key Metrics:

@johnlovett at #ACCELERATE

Page 25: 10 Tips to Building a Social Measurement Framework

TIP #4: Measure What Matters

Goal: +25% in FY2012 Objective: Promote Advocacy

Key Metrics:• Active Advocates (Upper Crusters)• Advocate Influence• Advocate Impact

@johnlovett at #ACCELERATE

Page 26: 10 Tips to Building a Social Measurement Framework

TIP #4: Measure What Matters

You will have more metrics, yet these are the

key ones that you will report out to your

business stakeholders

ImportantGoal: +25% in FY2012 Objective: Promote Advocacy

Key Metrics:• Active Advocates (Upper Crusters)• Advocate Influence• Advocate Impact

Page 27: 10 Tips to Building a Social Measurement Framework

Identify Your Upper Crust Advocates

Carl

@johnlovett at #ACCELERATE

Page 28: 10 Tips to Building a Social Measurement Framework

Carl

Sue

Identify Your Upper Crust Advocates

@johnlovett at #ACCELERATE

Page 29: 10 Tips to Building a Social Measurement Framework

NO

YES

Identify Your Upper Crust Advocates

@johnlovett at #ACCELERATE

Page 30: 10 Tips to Building a Social Measurement Framework

YES

Identify Your Upper Crust Advocates

@johnlovett at #ACCELERATE

Sue is:• Genuine• Authentic• Influential• Not financially

motivated

Page 31: 10 Tips to Building a Social Measurement Framework

Goals > Objectives > Measures

Promote Advocacy

+25% inFY2012

Active Advocates

Advocate Influence

Advocacy Impact

@johnlovett at #ACCELERATE

Page 32: 10 Tips to Building a Social Measurement Framework

TIP #5: Choose Channels Carefully

@johnlovett at #ACCELERATE

Page 33: 10 Tips to Building a Social Measurement Framework

TIP #5: Choose Channels Carefully

• Channel selection criteria:– Is my audience there?– Does it fit my business image?– Can I manage it?– Can I monetize it?

@johnlovett at #ACCELERATE

Page 34: 10 Tips to Building a Social Measurement Framework

TIP #5: Choose Channels Carefully

Which channel(s) promote advocacy?A) Social Networks (Facebook)

B) Blogs (Tumblr)

C) Social Commerce (Living Social)

D) Social Sharing (Pinterest)

E) All of the Above

@johnlovett at #ACCELERATE

Page 35: 10 Tips to Building a Social Measurement Framework

TIP #5: Choose Channels Carefully

Which channel(s) promote advocacy?A) Social Networks (Facebook)

B) Blogs (Tumblr)

C) Social Commerce (Living Social)

D) Social Sharing (Pinterest)

E) All of the AboveF) It Depends

@johnlovett at #ACCELERATE

Page 36: 10 Tips to Building a Social Measurement Framework

Goal > Objectives > Measures > Channels

Promote Advocacy

+25% inFY2012

Active Advocates

Advocate Influence

Advocacy Impact

Social Networks

Blogs

Social Reviews

Social Video

@johnlovett at #ACCELERATE

Page 37: 10 Tips to Building a Social Measurement Framework

TIP #6: Select Tech Wisely

The Social Technology Spectrum

@johnlovett at #ACCELERATE

Page 38: 10 Tips to Building a Social Measurement Framework

TIP #6: Select Tech Wisely

The Social Technology Spectrum• Breadth of “Listening”• Engagement Console• Out-of-the-Box Metrics• Custom Metrics• Data Export / API• Reporting / Visualization

@johnlovett at #ACCELERATE

Page 39: 10 Tips to Building a Social Measurement Framework

TIP #7: Refine Your Metrics

• Fit your metrics to technologies• Establish baselines and consistency• Begin compiling data and formatting reports• Socialize your data and accept feedback• Lather, Rinse, Repeat

@johnlovett at #ACCELERATE

Page 40: 10 Tips to Building a Social Measurement Framework

TIP #8: Map Your Campaigns

Social Campaign:• Campaign Goal(s):• Campaign Objective(s):• Campaign Measures of Success:• Campaign Channel(s):

@johnlovett at #ACCELERATE

Page 41: 10 Tips to Building a Social Measurement Framework

TIP #8: Map Your Campaigns

Social Campaign: Knife & Fork - OR - Nothin’ …?• Campaign Goal(s):• Campaign Objective(s):• Campaign Measures of Success:• Campaign Channel(s):

This campaign encouraged Upper Crusters to post a video (w/ tracking code) on how to eat Chicago style pizza. They were each given a unique promo code that could be printed & used for 10% off one large pizza in any store location.

@johnlovett at #ACCELERATE

Page 42: 10 Tips to Building a Social Measurement Framework

TIP #8: Map Your Campaigns

Social Campaign: Knife & Fork - OR - Nothin’ …?• Campaign Goal(s): +25% in FY2012• Campaign Objective(s): Promote Advocacy• Campaign Measures of Success: Influence (total

# coupon redemptions, total $$$ value of coupon diners, total number of video views, total number of video comments, etc…)

• Campaign Channel(s): Social Video

@johnlovett at #ACCELERATE

Page 43: 10 Tips to Building a Social Measurement Framework

TIP #9: Quantify Your Success

@johnlovett at #ACCELERATE

Context

Page 44: 10 Tips to Building a Social Measurement Framework

TIP #9: Quantify Your SuccessData• 32 Upper Crusters in IL• 19 videos produced• 635 total video views• 156 coupons distributed• AOV Coupon meal = $29• Nothin’ bests Fork 3:1

@johnlovett at #ACCELERATE

Context

Page 45: 10 Tips to Building a Social Measurement Framework

TIP #9: Quantify Your SuccessData• 32 Upper Crusters in IL• 19 videos produced• 635 total video views• 156 coupons distributed• AOV Coupon meal = $29• Nothin’ bests Fork 3:1

Insights• Overall customers

enjoyed this campaign and views were up 64%

• Coupon redemption was 80% with an AOV +$8

@johnlovett at #ACCELERATE

Context

Page 46: 10 Tips to Building a Social Measurement Framework

TIP #9: Quantify Your SuccessData• 32 Upper Crusters in IL• 19 videos produced• 635 total video views• 156 coupons distributed• AOV Coupon meal = $29• Nothin’ bests Fork 3:1

Insights• Overall customers

enjoyed this campaign and views were up 64%

• Coupon redemption was 80% with an AOV +$8

Recommendations• Provide direction for

Upper Crusters to create more unified content

• Feedback: Allow coupon redemption via smartphone verification

@johnlovett at #ACCELERATE

Context

Page 47: 10 Tips to Building a Social Measurement Framework

TIP #10: Institutionalize Framework

• Be the Change within your Business– At first this will feel like process– Then it will become part of the daily routine– Until it becomes a way of life.

@johnlovett at #ACCELERATE

Page 48: 10 Tips to Building a Social Measurement Framework

SUMMARY

#1 – Adopt Framework#2 – S.M.A.R.T. Goals#3 – Social Objectives#4 – Measure Matters#5 – Choose Channels

#6 – Select Tech Wisely #7 – Refine Metrics#8 – Test Framework#9 – Quantify Success#10 – Institutionalize

@johnlovett at #ACCELERATE

Page 49: 10 Tips to Building a Social Measurement Framework

SUMMARY

#1 – Adopt Framework#2 – S.M.A.R.T. Goals#3 – Social Objectives#4 – Measure Matters#5 – Choose Channels

#6 – Select Tech Wisely #7 – Refine Metrics#8 – Test Framework#9 – Quantify Success#10 – Institutionalize

@johnlovett at #ACCELERATE

Do this, and you’ve built a Social Measurement Framework

Page 50: 10 Tips to Building a Social Measurement Framework

http://bit.ly/accelerate-rate

John Lovett