measure of roi for social media - facebook, twitter and website for mdbg
TRANSCRIPT
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7/29/2019 MEASURE OF ROI FOR SOCIAL MEDIA - FACEBOOK, TWITTER AND WEBSITE FOR MDBG
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YIHAN CHENG 201176659
CHIAO-YUEH PENG 201173782
TAJANA STANKOVIC 201164459
ABHINAV UPADHYAY 201188834
XIAOYI WANG 201194306
LINGYU WU 201185535
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Contents
Initial model
Plan for ROI model
Analysis of task2
3
4
Background1
Presentation objectives
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Company Background
MDBG is the advertising & media family of theMum Dad Baby Group
Target audienceUK females, age group of 25-45,degree educated,financially stable
Media networkMindful Mum is an online magazine for healthconscious mums
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Project Background
Effectiveness of influential marketing
ROI for social media
AdVALUE
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Partner with
connected
consumers becoming
influential in their
network
Effective strategy
Value and
meaningful
interaction with
like-minded
individuals
InfluencerMarketing
Encourage WOM
Brand Lift
Influence actions
Provide quality content and show humanized side
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Digital influence
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ROI for social media
To develop better social media budgets
To grow faster than competitors
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Audience
______
______
____________
______
______
______
______
______
AdVALUE
Media
partners
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AdVALUE
Marketers of client companies use the same toolsas content creators
Content user or viewer can view or use the
content, comment on it and share it on socialmedia platforms
Slightly more than 1% of fans of the biggestbrands on social media are actually engaging with
brands (Ehrenberg-Bass Institute, 2012)
Quality content and humanized interaction buildthe engaging relationship
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Objectives of the project
To demonstrate ROI for AdVALUE
To predict ROI for AdVALUE
Can AdVALUE be used to determineconsumer insights?
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METRICS FOR PERFORMANCE
OBJECTIVES
ROIdevelopment
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Approach & Methodology
TWITTER
FACEBOOK
WEBSITE
Mindful Mum is present over the social platform of twitter
as - @MindfulMum
Source URL - http://twitter.com/#!/MindfulMum
Mindful Mum has presence over the internet on
www.mindfulmum.co.uk
Mindful Mum is present over the social network of
facebook as Mindful Mum
Source URL - http://www.facebook.com/mindfulmum
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MEASURE/PREDICTROI FOR MINDFULMUM FACEBOOK
ACCOUNT
MEASURE/PREDICTROI MODEL FORMINDFUL MUM
(COMPREHENSIVEMODEL)
MEASURE/PREDICTROI FOR MINDFUL
MUM WEBSITE
P1 P2
P4 P3
MEASURE/PREDICTROI FOR MINDFUL
MUM TWITTERACCOUNT
4 Phase Plan
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BRAND ENGAGEMENT
ROI model for TWITTER
BRAND AWARENESS
Proposed model will measure the following parameters andrelated marketing attributes
BRAND LIFT
1. NUMBER OF FOLLOWERS*^
1. NUMBER OF FOLLOWING*^
2. NUMBER OF TWEETS*^
3. KLOUT SCORE*
4. PEER INDEX SCORE*
5. CUSTOMER INSIGHT#
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Number of Followers and Following
FOLLOWERS
FOLLOWING
04/03/
2012
17/02/2012
19/03/2012
BRANDAWARENESS
THROUGHREACH
1459
1569
4/03/2012
1789
2045
1902
1802
Increased at a
rate of 10.9%
Increased at
a rate of 20.8%
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the number of updates publishedin Twitter. Avg - 18/day
Number of Tweetsthe number of times theuser had beenreferenced or cited byother people, based onthe presence of @preceding their Twitterusername.
TWEETSthe number of times theuser had been retweetedby other people asindicated by the use of "rt@", "rt@", "rt:@", "rt: @", "retweet @", "via @","retweet :@", or "r/t"
the relationship between
references of the user toreferences of others by the user,i.e, references : referencing
relationship between
retweets of the user toretweets of others bythe user i.e., retweets :retweeting
the number of times the userhad been retweeted by otherpeople as indicated by theuse of "rt @", "rt@", "rt:@","rt: @" , "retweet @", "via@", "retweet :@", or "r/t"
number of times the user wroteor responded directly to otherpeople as indicated by thepresence of an @ username atthe beginning of the update.
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Number ofFOLLOWERS
ANDFOLLOWING
TWEETS
(ALL CATEGORIES)
EFFECTIVE REACH
(user's follower count andfollower count of any follower
retweeting any of their Tweets)
influence (retweet ratio)
BRAND AWARENESS AND ENGAGEMENT
REACHPOTENTIAL REACH
(user's follower count
and follower count of any
follower retweeting any of
the users Tweets)
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Influence
PARAMETERSFOR
MEASURINGINFLUENCE
PEER
INDEXSCORE
CUSTOMER
INSIGHT
KLOUT
SCOREKLOUTSCORE
As per Cha et. Al (Measuring User
Influence in Twitter: The Million
Follower Fallacy, 2010)
The different types of influence of aperson:
1. In-degree influence
2. Retweet influence
3. Mention influence
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Klout Score
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Peer Index Score
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Customer Insights
54%
Passion
12%
Reach
- Likelihood of repeated
mention of your brand byindividuals, who are
already conversing about
it
- The number of unique
authors referencing a brand
divided by the number of
mentions.
Strength
1%
Sentiment
6 : 1
-Likelihood of brand is
being discussed in social
media
-Calculation : phrase
mentions in last 24 hours
-Ratio of positive mentions
to negative mentions
-Calculation : KeywordAnalysis
Through a social media platform is aggregation of user generated content
from across the web into single stream information encompassing thefollowing -
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Correlation between followers, following and tweets
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Cross-correlation between followers andfollowing
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Cross-correlation between followers andtweets
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GANTT Chart
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Thank You !!!