tj tee monitoring+measuring-engagement

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MONITORING + MEASURING ENGAGEMENT TJ Tee Digital Marketing Evangelist, Integricity

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Page 1: Tj tee   monitoring+measuring-engagement

MONITORING + MEASURING ENGAGEMENT TJ Tee Digital Marketing Evangelist, Integricity

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forget all of this

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First, a few things

•  Figure out what you want to achieve •  Be prepared to measure

•  Best way to fail – don’t measure •  Social media is easy to measure, just not with

conventional success metrics •  Keep It Simple, St*pid (KISS)

•  Avoid temptation/pitfalls •  Too-good-to-be-true offers, free trials •  Over-enthusiastic marketing people without a plan

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Acquisition Activation Referral Retention Revenue Lots of stuff happens here

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Acquisition Activation Referral Retention Revenue

PR, campaigns, SEO/SEM, affiliate mkt, EDM, social media, banner ads, SMS/MMS, app installs

Home page, landing pages, location-based services

Return visits, RSS, alerts/reminders, time-based triggers

Retweets, affiliates, contests, EDM, refer-a-friend, viral marketing

Sales, leads, subscriptions, affiliate revenue

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Know what you want to track

•  Driving engaged traffic to a website/landing page doesn’t guarantee any return

•  Define metrics that are relevant for your business: •  Targeted clicks, sign-ups, downloads •  New leads/sales/referrals

•  Ignore low-value metrics like: •  Number of followers/fans/friends •  PageRank, Alexa rank

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•  Loyalty •  Trust •  Passion •  Interaction •  Satisfaction •  Authority •  Feedback •  Brand awareness

•  Sales •  Leads •  Qualified users •  Sign-ups •  Referrals •  Targeted clicks •  Downloads •  Video views/shares

Goals & objectives

Qualitative Quantitative

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Qualitative measures

Campaign – Build loyalty and trust •  Execution

•  Engage with customers who mention your company or product on Twitter or Google

•  Success metrics •  +ve Comments sent to customers /week •  +ve Conversations that started from a comment

•  Goals/KPIs •  x# +ve Conversations re: comp or prod /week •  x# +ve Blog posts re: comp or prod /month

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Qualitative measures

Campaign – Increase customer satisfaction •  Execution

•  Engage with customers/prospects and ask what they would like from you

•  Success metrics •  New useful/good suggestions •  Suggestions you implement

•  Goals/KPIs •  x# Suggestions collected per month and # you actually

implement

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Qualitative measures

Campaign – Increase authority •  Execution

•  Blog about stuff you’re an expert on by writing authoritative content (first) and promoting your company

•  Success metrics •  Influential blogs linking to your content •  Organic visitor traffic per month •  Traffic that converts into sales

•  Goals/KPIs •  x% of Organic referral traffic per month •  x$ Sales attributable to referrals from blog per month

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Quantitative measures

Campaign – Increase offline sales •  Execution

•  Promotion on a social media platform (e.g. Facebook) Participants get a print-out voucher to redeem offline

•  Success metrics •  Monthly sales •  Monthly store traffic (walk-in)

•  Goals/KPIs •  x$ Monthly sales •  x% Increase in store traffic over pre-promotion period

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Quantitative measures

Campaign – Increase online sales •  Execution

•  Use Twitter to inform prospects about exclusive time-limited promos

•  Success metrics •  Monthly sales attributable directly to Twitter •  New customers attributable directly to Twitter •  Monthly revenue generated from customers originally from

Twitter

•  Goals/KPIs •  x$ Monthly sales directly attributable to Twitter

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Tools to use

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Google Alerts

Google.com/alerts

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GA: Advanced Segments

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Peashoot

Peashootapp.com

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Facebook Pages: Insights

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Measurement scorecard (sample) Stage Conversion Conv

(%) Est value (RM)

Acquisition Visitors to site/widget/landing page Eg: 2+ pgs, 10+ sec, 1+ clicks, 0 bounce

60 0.10

Activation Happy 1st visit, use the site, sign-up Eg: Clicks/time/pages, newsletter/profile sign-up, feature usage

15 0.25

Retention Users come back, multiple visits Eg: 1-3x visits/mth; email/feed open rate / CTR

5 0.50

Referral Users refer others Eg: Cust satisfaction >=8; viral K factor > 1;

1 1.00

Revenue Users Pay / Generate $$$ Eg. Sale, affiliate revenue

2 5.00

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Budgeting

30%

25%

18% 18%

10%

Acquisition Activation Retention Referral Revenue

How much to spend for online marketing?

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Key takeaways

1.  Driving targeted traffic from social media sources is only half the challenge if you’re trying to sell something.

2.  Define quantitative + qualitative goals & objectives, KISS.

3.  Create a simple scorecard to measure KPIs, allocate budgets accordingly.

4.  Filter out channels and strategies that don’t get good returns. Repeat.

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Thank you.

Comments, questions, feedback, or want a copy of this presentation to impress your boss?

[email protected] facebook.com/tjtee twitter.com/tjtee