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    An Integrated Marketing Communications

    Perspective on Social Media Metrics

    VictorA. Barger

    University of Wisconsin-Whitewater

    Lauren I. Labrecque

    Loyola University Chicago

    ABSTRACT: Marketers are being inundated with social tnedia metrics, but there is little consensus on what one

    should be measuring, let alone how these measures inform marketing strategy. This article attempts to bring clar-

    ity to the situation by adopting an integrated marketing communications perspective. By screening extant metrics

    for alignment with social media communications objectives, seven key social media metrics are identified. These

    metrics are then described and their application to social media marketing from an integrated marketing communi-

    cations perspective is discussed. Finally, limitations of the m etrics are considered to arrive at suggestions for future

    research.

    Social media metrics are all the rage. In 2009just

    three years after Twitter launched and Facebook

    opened registration to the general publicBerkowitz

    (2009) identified exactly 100 social media metrics.

    Now, hardly a day goes by without a new article or

    blog post proclaiming, "5 Social Media M etrics You

    Should Be Monitoring"; "14 Social Media Metrics

    You Can Use Right NOW "; or "50 Key Social Media

    Metrics E very M arketer M ust Know." Yet for all the

    new metrics, marketers maintain they are only slightly

    more informed than they were at the beginning of the

    social media revolution (Margiloff 2012). Calls for

    standardization of metrics have gone unheeded

    (Wurtzel 2009), and both practitioners and academics

    lament the preponderance of "nice to know" (Fogel

    2010) and "vanity" (Madison 2012) metrics over met-

    rics that lead to meaningful action. Romaniuk (2012,

    398) aptly sums up the state of social media metrics as

    follows: "an available metric is not necessarily a use-

    ful metric."

    Metrics are necessary for the development and

    evaluation of integrated marketing communications

    programs (Kitchen, Kim, and Schultz 2008). As social

    media continues to lure audiences away from mass

    media, marketers can no longer rely on traditional au-

    dience measurement (Kliatchko 2008; McDonald

    2008).

    The measurement challenge is further compli-

    cated by the consumer-to-consumer interactions that

    social media enables (Wind and Sharp 2009). Upper

    management is also demanding more attention to mar-

    keting metrics. Seggie, Cavusgil, and Phelan (2007)

    suggest that this is due to three factors: (1) demand for

    accountability from all units of a firm; (2) dissatisfac-

    tion with subjective measures of performance; and (3)

    the availability of technology for collecting data for

    metrics. Rust, Ambler, Carpenter, Kumar, and Srivas-

    tava (2004, 76) warn that "lack of accountability has

    undermined marketers' credibility, threatened the

    standing of the marketing inction within the firm,

    and even threatened m arketing's existence as a distinct

    capability within the firm."

    This crisis in measurement comes at a time when

    marketers are steadily increasing their social media

    spending. In 201 2, a survey of marketers and advertis-

    ing agencies revealed that 59% planned to increase

    their spending on social media marketing (Del Rey

    2012). Despite the increases, marketers may still be

    underspending on social media (Briggs 2012).Without

    informative metrics, however, efforts to optimally al-

    locate advertising funds will continue to be impeded

    (Schultz 2011).

    This article attempts to bring clarity to the situation

    by viewing social media metrics

    fi om

    he lens of inte-

    grated marketing communications. We begin by de-

    scribing the primary communications objectives for

    social media. By screening extant metrics for align-

    ment with communications objectives, we narrow the

    list of social media metrics to seven key metrics.

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    These metrics are then described and their application

    to social media marketing from an integrated market-

    ing communications perspective is discussed. Finally,

    we conclude with sugg estions for future research.

    SOCIAL MEDIA OBJECTIVES

    At the core of an integrated marketing communica-

    tions program are the communications objectives.

    These are specific, measurable tasks that can be

    achieved using adveriising and other forms of com mu-

    nication (CoUey 1961). Metrics are employed to (1)

    establish b aselines for comm unications objectives and

    (2) track progress towards achieving each objective.

    Since the selection of metrics depends on the objec-

    tives,

    we must first identify a set of potential social

    media objectives before discussing social media met-

    rics. In this section we consider two types of social

    media objectives: short-term and long-term.

    Short Term Objectives

    The primary purpose of short-term social media ob-

    jectives is to generate revenue. The three short-term

    objectives that we consider are (1) gaining considera-

    tion, (2) stimulating trial, and (3) encouraging repur-

    chase.

    Gaining consideration

    Consumers are increasingly

    turning to social media for product and service recom -

    mendations. By monitoring and responding to re-

    quests for advice, marketers can help ensure the

    consideration of their products and services. For ex-

    ample, a snowblower manufacturer might monitor

    Twitter for tweets containing the keyword "snow-

    blower"; when a match is found (e.g., "Can someone

    recommend a good snowblower?"), the marketer could

    reply with information. A more ambitious program

    may involve monitoring social media for problems

    that the marketer's product or service can solve. For

    example, a retailer of ergonomie furniture could watch

    for complaints related to workstation ergonomics

    (e.g., "M y wrists are killing m e from typing all day "),

    to which the retailer could respond with commisera-

    tion and a link to a page on ergonomics on the re-

    tailer's website.

    Stimulating trial Marketers have long used consumer-

    oriented sales promotions to stimulate trial of products

    and services (Farris and Quelch 1987; Gupta 1988). It

    is perhaps not surprising, then, that one of marketers'

    primary uses of social media today is communicating

    sales promotions (Schultz and Peltier 2013). Common

    forms of online sales promotion include printable

    coupons, discount codes, contests, sweepstakes, and

    games. As an example, Starbucks frequently an-

    nounces discounts on new coffee dritiks on Facebook

    and Twitter to encourage followers to try the new bev-

    erages.

    Encouraging repurchase In addition to stimulating

    trial, online sales promotions are effective at encour-

    aging repeat purchases. Amazon.com, for example,

    routinely provides limited-term discount codes to fol-

    lowers on Facebook and Twitter. Of course, a sales

    promotion is not always necessary; Panera Bread, for

    example, relies on the appeal of new menu items an-

    nounced on social media to draw customers back into

    their restaurants. Social media also serve as a conven-

    ient channel for encouraging followers to sign up for

    loyalty programs and for communicating loyalty pro-

    gram promotions.

    Long Term Objectives

    Long-term social media objectives are concerned less

    with generating revenue and more with creating brand

    equity and building brand relationships. The four

    long-term objectives that we consider are (1) improv-

    ing customer satisfaction, (2) creating awareness, (3)

    building relationships, and (4) fostering commun ity.

    Improving customer satisfaction Social media offer

    brands a number of opportunities for improving cus-

    tomer satisfaction. First, customers may contact a

    company directly via social media to express dissatis-

    faction with a product or service. If the company deals

    with such complaints promptly and effectively, dissat-

    isfied customers will be less likely to communicate

    their dissatisfaction to others. Second, customers may

    post messages about unsatisfactory experiences to so-

    cial media. Although not ideal from a public relations

    perspective, this at least gives the company a chance

    to discover and address such posts before they are

    widely shared. Third, a company can enhance cus-

    tomer satisfaction by providing product support via

    social media. Software developers, for instance, often

    receive and reply to requests for technical support on

    Twitter. Finally, by monitoring social media for posts

    from recent customers, companies can reassure these

    customers that they made a good choice and thereby

    reduce cognitive dissonance.

    Creating awareness

    One of the primary functions of

    social media is content sharing. As such, social media

    is highly effective at propagating messages, particu-

    larly when people find the messages entertaining, sur-

    prising, and/or humorous. When a message is shared

    Spring 2013 65

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    widely within a relatively short period of time, it is

    said to have gone viral. This leads to a rapid increase

    in awareness of both the message and the message's

    creator. Psy's Gangnam S tyle music video is a great

    example of this. Within a matter of months, Psy's

    video had received over one billion views, propelling

    him from relative obscurity outside his home country

    of South Korea to worldwide renown (Hall 2012;

    Yang 2012). D r. Robert

    Wagstaff

    a retired dentist, ex-

    perienced similar success with his invention, the

    Orabrush. After eight years of unsuccessful market-

    ing. Dr. Wagstaff enlisted the help of a student at

    Bringham Young University to create a series of

    YouTube videos promoting the Orabrush (Orabrush

    2010).

    Within two years, these videos had amassed

    over 39 million views, prompting Walmart to decide

    to carry the Orabrush at 3,500 of its stores (Wasser-

    man 2011). Although social media can help create

    awareness for any business, it is especially valuable

    for startups and small businesses like Orabrush that

    cannot afford the mass media buys traditionally used

    to increase awareness.

    Building relationships

    Brands seek to build relation-

    ships with customers to promote brand loyalty and

    positive word-of-mouth (Hennig-Thurau, Gwinner,

    and Gremler 2002). Since brand relationships develop

    as a result of repeat positive interactions between cus-

    tomer and brand (Duncan and Moriarty 1998), brands

    must find ways to engage customers in such interac-

    tions. Prior to the advent of social media, interactions

    were primarily one-way (e.g., the viewing of a brand's

    advertisements on mass media), with only occasional

    two-way communication (e.g., contacting customer

    service to resolve a problem). However, with social

    media the options for personalized one-way and two-

    way communications are greatly expanded. Marketers

    now routinely stimulate interactions with consumers

    on social media by posting interesting and relevant

    content, such as news, articles, photos, videos, and

    even games. Betty Crocker, for example, posts photos

    of baked goods on Pinterest for customers to view,

    comment on, and share.

    Fostering commimity Building on the idea of brand

    relationships, Muniz and O'Guinn (2001) proposed

    the concept of the brand community. Here a brand's

    customers interact not only with the brand but also

    with one another. Brand communities may be organ-

    ized by the company that owns the brand or they may

    form autonomously (McAlexander, Schouten, and

    Koenig 2002); either way, these communities carry

    out imp ortant functions on behalf of the brand, such as

    sharing information, perpetuating the history and cul-

    ture of the brand, and providing assistance . . . [and]

    exert[ing] pressure on members to remain loyal to the

    collective and to the brand (Muniz and O'Guin n

    2001,

    427). Brand communities have also been shown

    to increase revenue generated from community mem-

    bers, both online and in stores (Manchanda, Packard,

    and Pattabhiramaiah 2011). Furthermore, brand com-

    munities can serve as a resource for idea generation

    (e.g., crowdsourcing) and marketing research. Al-

    though online brand communities have traditionally

    been hosted on discussion forums, many have moved

    to social media due to the lower overhead and the fact

    that consumers are already active on social media.

    SOCI L MEDI METRICS

    Given the large number of social media metricsand

    the costs involved in monitoring each metric^the first

    step is to identify metrics that will be most informative

    to the marketer (Fogel 2010). Fortunately, adopting an

    integrated marketing communications perspective nar-

    rows the list considerably, since a metric must provide

    an indication of progress towards one or more cotnmu-

    nications objectives to be considered. It is further help-

    ful to make a distinction between metrics developed

    specifically for social media analytics and metrics de-

    veloped for web analytics. Although web metrics can be

    helpftil in calculating social media metrics (e.g., social

    media return on investment), they are by definition

    more suited to analyzing website activity, and as such

    provide an incomplete view of social media marketing

    campaigns. This review thus focuses on social media

    analytics. The marketer must also decide whether to uti-

    lize both proprietary and nonproprietary metrics or only

    nonproprietary metrics. Since the means of calculating

    proprietary metrics is typically unavailable for public

    scrutiny, we consider only nonproprietary metrics.

    With the above criteria in mind, seven social media

    metrics were identified: volume, share of voice, en-

    gagement, advocates, return on investment, leads gen-

    erated, and response time. Each metric is applicable to

    one or more social media channels (see Figure 1):

    blogs (e.g., WordPress); social networks (e.g., Face-

    book); photo/video sharing (e.g., YouTube); microblogs

    (e.g.. Twitter); product review sites (e.g., Amazon); lo-

    cation check-ins/reviews (e.g.. Foursquare); and social

    bookmarking (e.g., Delicious). In the following para-

    graphs, each metric is discussed in turn. (See Table 1

    for an overview of the metrics and their corresponding

    definitions.)

    66 International Journal of Integrated Marketing Com munications

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    TABLE 1 Definitions of Common Social Media Marketing Metrics

    Metric

    Volume

    Share of Voice (%)

    Engagem ent (per post)

    Engagement (overall %)

    Advocates

    Return on Investment (ROI)

    Leads Generated

    Response Time

    Formula

    The nu mber of mentions of

    brand name over a specified

    period of

    time.

    Often segmented into positive and negative

    volume using sentiment an alysis.

    Positive volume of brand

    xlOO

    Positive volum e of all brands in category

    Th e num ber of comm ents on , replies to, likes of, and shares

    of given post.

    Engagement at time twith all posts to date

    Num ber of views at timetof all posts to date

    xlOO

    or

    Engagement at time

    t

    with all posts to date

    Num ber of followers at time /

    XlOO

    The number of social media participants who write positive

    posts about a brand during a specitled period of time.

    Revenue from campaign - Cost of campaign

    Cost of campaign

    XlOO

    The number of leads generated from social channels

    (sometimes expressed as a percent of

    ll

    leads generated).

    The amount of time elapsed between the receipt of an

    inquiry or support request via social media and a response

    from the company.

    taking some action beyond viewing or reading (De-

    lahaye Paine 2011, 60). This may include liking a

    brand's post, commenting on or replying to a brand's

    post, or sharing a brand's post witb others. Since eacb

    platform employs its own terminology, we classify the

    possible behaviors as expressing agreem ent, rat-

    ing, voicing opinion, and sharing. The correspon-

    ding terminology for each of the dominant social

    med ia platforms is shown in Table 2.

    Tracking engagement on a per-post basis enables

    the marketer to gauge the audience's level of interest

    in the content of each post, thereby informing the cre-

    ation of future posts. As an aggregate measure, en-

    gagement can also indicate the overall level of con-

    sumer interest in a brand's message. To adjust for

    differences in the viewership of each post, Lovett and

    Owyang (2010) recommend tracking overall engage-

    ment relative to the total number of views. Since the

    num ber of views per po st can be difficult to ascertain,

    others have advocated tracking engagement in pro-

    portion to the number of followers at the time of the

    posting. Even this must be viewed as a rough approx-

    imation, however, as not all followers read every post,

    and some followers may not even be human (Sterne

    68 International Journal of Integrated Mark eting omm unications

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    T A B L E 2 Use r Behaviors on Various Social Me dia Platform s

    Platform

    Posts

    Primar} content

    with which users

    interact

    Soc ia l B ookm ark i ng

    Delicious

    Stumbe Upon

    Links

    Links

    Location Check ins/Reviews

    Foursquare

    Yelp

    Product Reviews

    Amazon

    Goodreads

    Microblogs

    App.net

    Pheed

    Tumblr

    Twitter

    Locations

    Businesses

    Products

    Books

    Posts

    Pheeds

    Posts

    Tweets

    Photo/Video Sharing

    Flickr_

    lnstagram

    Pinterest

    YouTube

    Social Networks

    Facebook

    Google+

    Linkedin

    Blogs

    B logger

    WordPress

    Photos _ _

    Photos

    Pins

    Videos

    Status updates

    Posts

    Updates

    Posts

    Posts

    Expressing

    Agreement

    Simple expression

    ofagreemetilvith

    a post

    " l i k e " '

    Like

    ' -

    _ Sla r__ _ __

    Love

    Like

    Favorite

    Favorite

    Like

    Like

    Like

    Like

    ""+1 '^ "

    "Tike""

    +1

    Like

    Rating

    Simple evaluation

    of 1post

    -

    p i d n ' t j i k e

    1 to 5 stars

    1 to 5 stars

    1 to 5 stars

    Heartache

    - - -

    - "

    Dislike

    Dislike

    ' - - -

    -

    -

    Voicmg

    Opinion

    Statementof one s

    opinion\\ith

    respect to apost

    Comment

    Til) . .

    Review

    Review

    Review

    Reply

    Pheedback

    Rebjojg _

    Reply

    C omment

    Comment

    C omment

    Comment

    Comment

    C omment

    Comment

    Comment

    Comment

    Sharing

    Sharing oa post

    wit } others on the

    same platjorm . .^^

    Share link

    Share

    Share

    Add to list

    Add to bookshelf

    Repost

    Remix

    Reblog

    Retweet

    Add to gallery

    Repin

    -

    Share

    Share

    -

    Reblog

    2010) . Addi t iona l i ssues wi th engagement as a met r ic

    are considered under Future Research.

    Advocates

    Consu mers can be viewed as progress ing through a se-

    ries of four stages in their relat ionships with brands

    on

    social media (see Figure 2). Ini t ial ly each consumer

    starts as a "bystan der" w ith respect to a specific brand ;

    the consumer m ay see ment ions of the brand on soc ia l

    media, but s/he does not act ively seek out posts by the

    brand. In the second stage, the consumer adopts the

    role of "fol lower"; here s/he seeks out the brand's mes-

    sage by opt ing in to rece ive brand comm unica t ions on

    social media. In the third stage, the consumer becomes

    a par t ic ipant , inte rac t ing wi th the brand and the

    brand's message on soc ia l media . The par t ic ipa t ion

    continuum ranges fTom "passive" to "act ive" forms of

    par t ic ipa t ion, depending on the type and purpose of

    the act ion. Expressions of agreement (e.g. , cl icking a

    "Like" but ton on a brand's Facebook post ) a re forms

    of passive part icipat ion, whereas voicing an opinion

    (e .g. , comment ing on a brand's Facebook post ) and

    sharing (e.g. , sharing a brand's Facebook post with

    one's Facebook friends) are more act ive forms of par-

    t icipat ion. In the final stage, the consumer adopts the

    role of brand advo cate , c rea t ing and uploading content

    that act ively promotes the brand (e.g. , post ing a Face-

    book s ta tus update tha t recommends or speaks favor-

    ably of the brand).

    Tracking the number of "fol lowers" or "fans" may

    be ego-boost ing, but i t is unlikely to be helpful in en-

    hancing the effect iveness of a brand's social media

    marketing, due to the existence of fake and inact ive

    fol lowers (Sterne 2010). More useful is t racking the

    number of advocates of a brand. Not surprisingly, the

    goal is to grow the number of advocates over t ime.

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    FIGURE

    2

    Levels

    of

    Consumer E ngagement

    on

    Social M edia

    Bystander

    Follower

    Participant

    Advocate

    Bystanders may see mentions of a brand in social media, but they do

    not actively seek out posts by the brand nor do they interact with the

    brand.

    Followers seek out a brand's message by opting-in to receive brand

    communications (e.g., by following, friending, or subscribing), but

    they do not interact with the brand or the brand's message.

    Participants interact with a brand on social media. Participation

    ranges from passive (e.g., liking) to active (e.g., commenting),

    depending on the type and purpose of

    the

    action.

    Advocates not only interact with the brand on social media, they

    actively promote the brand by creating and uploading content

    favorable to the brand (e.g., posting, reviewing).

    This

    is

    particularly important when

    a

    marketer s

    ob-

    jective

    is to

    gain consideration, since friends

    of

    advo-

    cates

    are

    more likely

    to

    consider

    a

    brand when

    an

    advocate speaks highly

    of

    it.

    If the

    number

    of

    advo-

    cates decreases over time,

    the

    firm may need

    to

    estab-

    lish

    an

    advocacy program

    or

    post more engaging

    content (Lovett

    and

    Owyang 2010). Also

    of

    relevance

    is

    the

    influence

    of a

    brand s advocates (Fogel 201 0).

    An advocate with

    a

    large number

    of

    followers that

    en-

    gage with

    the

    advocate s postings

    is

    more influential

    (and thus more valuable

    to

    the m arketer) than

    an

    advo-

    cate with fewer followers that tend

    not to

    engage with

    the advocate s posts.

    ReturnonInvestment RO I)

    Return

    on

    investment

    is

    defined

    as the

    revenue gained

    from

    a

    social media marketing campaign minus

    the

    cost

    of

    the campaign divided

    by the

    cost

    of

    the

    cam-

    paign

    (see

    Table

    1).

    Return

    on

    investment

    is

    most

    ef-

    fective

    at

    evaluating short-term social media

    objectives, such

    as

    stimulating trial

    and

    encouraging

    repurchase.

    For

    example,

    a

    marketer might offer

    a

    printable coupon

    or

    communicate

    a

    discount code

    as

    part of a campaign to stimulate trial.To receivethe

    discount,

    the

    customer must present

    the

    coupon

    or

    enter the code

    at

    the tim e

    of

    purchase. Since sales that

    result from

    the

    campaign

    are

    directly attributable

    to

    the campaign

    via the

    coupon

    or

    discount code,

    the

    marketer

    can

    determine

    the

    revenue gained from

    the

    campaign

    and

    calculate

    the

    return

    on

    investment.

    Caution

    is

    advised when using return

    on

    investment

    as

    a

    measure

    of

    performance.

    The

    belief that every-

    thing digital

    is

    measurable

    is a

    misconception that

    can

    easily lead marketers astray. Attributing sales

    to

    social

    media

    is

    problema tic, particularly

    for

    campaigns that

    do

    not

    offer

    an

    incentive. Even with cam paigns that

    do

    offer

    an

    incentive,

    the

    calculation

    of

    return

    on

    invest-

    ment ignores potential synergies between incentive-

    based

    and

    non-incentive-based campaigns. Return

    on

    investment

    has

    also been criticized

    for its

    overempha-

    sis

    of

    shori-term returns over long-term brand build-

    ing (Calkins

    and

    Rucker 2008). Hoffman

    and

    Fodor

    (2010) warn that social media

    is

    still

    in its

    early stages

    and that focusing

    too

    much

    on

    return

    on

    investment

    could stifle experimentation, potentially creating

    op-

    portunities

    for

    competitors. They suggest that

    mar-

    keters instead view return

    on

    investment from

    the

    consum er s perspective; namely, what

    the

    consumer

    gets

    for

    investing

    his or her

    time

    and

    energy

    in

    engag-

    ing with

    a

    brand through social media.

    Leads Generated

    When a company seeks to gain consideration of its

    products and services,

    it

    will often track the number

    of

    leads generated through social media. This

    is

    particu-

    larly helpfiil when

    the

    firm

    is

    investing considerable

    resources

    in

    monitoring and responding to requests

    for

    adviceonsocial m edia,asdescribed earlier un derSo-

    cial M edia Objectives. Leads generated through social

    media

    can

    also

    be

    expressed

    as a

    percentage

    of

    total

    leads generated by the firm, in which case

    it

    provides

    a

    measure of the relative effectiveness

    of

    social media

    at

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    generating leads. Although leads generated can be a

    useful metric, it is important to note that it suffers

    from many of the attribution problems that affect re-

    turn on investment. This is discussed further in Future

    Research.

    Response Time

    On the Internet, people expect quick responses, and

    social media is no exception. In fact, a recent survey

    showed that 32% of consumers who contact a brand

    through social media expect a response within thirty

    minutes (Baer 2012). To ensure customer satisfaction,

    it is thus essential that brands respond promptly to in-

    quiries and support requests submitted via social

    media. Tracking and managing average response time,

    which is the average amount oftimeit takes the brand

    to reply to social media queries, can accomplish this.

    In addition, it is recommended that brands routinely

    follow up with a sample of recent contacts to ensure

    that requests are being resolved satisfactorily.

    Relationship to Traditional IMC Metrics

    Traditional metrics for evaluating integrated market-

    ing communications can be classified into three types

    (Ewing 2009): attitudinal measures, behavioral meas-

    ures,

    and financial measures. Attitudinal measures are

    commonly employed to ascertain the effects of adver-

    tising (Schultz 2011 ). For example, in the Lavidge and

    Steiner (1961) hierarchy of effects, exposure to adver-

    tising is presumed to move consumers through a series

    of

    stages:

    (1) awareness, (2) knowledge, (3) liking, (4)

    preference, (5) conviction, and (6) purchase . A brand's

    performance at each stage (with the exception of the

    purchase stage) is determined by using survey re-

    search and attitudinal measures. Behavioral measures,

    in contrast, are based on actions taken by consumers

    in response to marketing campaigns. For example, the

    effectiveness of sales promotion could be established

    by tracking the number of consumers who redeem a

    coupon. Lastly, financial measures emphasize the rev-

    enue generated by marketing communications. The

    two most common financial measures of integrated

    marketing communications are return on investment

    and change in customer lifetime value (Schultz 2011).

    Social media metrics span the three types of tradi-

    tional metrics. With respect to attitudinal measures,

    the social media metrics of volume, engagement, and

    number of advocates correspond to the awareness, lik-

    ing, and conviction stages of the hierarchy of effects.

    Engagement can also be viewed as a behavioral meas-

    ure, since it reflects specific actions that consumers

    take in response to brand m essages. Similarly, num ber

    of leads generated serves as a behavioral measure,

    since it quantifies the number of consumers that take

    action in response to a messagefi oma brand on social

    media. In the financial category, the return on invest-

    ment of social media mirrors traditional ROI. Finally,

    although response time does not appear to correspond

    to one of the traditional types, its outcomecustomer

    satisfactionis clearly an attitudinal measure.

    FUTURE RESE RCH

    The metrics identified in this paper are conceptually

    sound; however, associated w ith each are difficulties in

    estimation. One source of error is sentiment analysis.

    Although humans can determine the tone of a post

    with relative ease, it is difficult to do so algorithmi-

    cally. Unfortunately, given the huge number of posts

    that are created daily, not to mention hourly, it is im-

    possible to conduct sentiment analysis at scale without

    automation. Sentiment analysis vendors have estimated

    their systems to be 70-80% accurate (Wright 2009),

    but a recent study by Schweidel, Moe, and Boudreaux

    (2012) found almost no correlation (r = -.002) between

    an automated sentiment analysis and a survey con-

    ducted using traditional marketing research tech-

    niques. Recognizing the growing importance of social

    media monitoring and m etrics, compa nies offering so-

    phisticated natural language processing to improve ac-

    curacy and reliability have emerged (NetBase

    Solutions 2012). Clearly, more research in the areas of

    sentiment analysis, natural language processing, and

    computational linguistics is needed.

    Adding to the estimation issues associated with

    sentiment analysis is the presence of robots (or

    bots ), fake accounts, and inactive accounts on social

    media. All three inflate counts of followers and activ-

    ity. A recent study by Marco Camisani Calzolari esti-

    mated that up to 46% of brand followers are bots

    (Policschi 2012). The problem is compounded by the

    ease with which companies and individuals can ac-

    quire fake followers. For example, fake Twitter follow-

    ers can be purchased for less than a cent per follower

    (Considine 2012). Inactive accounts may be less of a

    problem in that they do not generate posts, but they

    still inflate follower and viewership estimates. Al-

    though progress is being made at identifying fake ac-

    counts, more research is needed in this area to ensure

    accurate accounting of social media participants and

    their online activity.

    Current social media metrics also suffer from a

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    should get credit for the conversion. Most web analyt-

    ics program s employ a last touc h or last click

    method of tracking, which assumes tbe marketing

    channel most responsible for a consumer's behavior is

    the channel that the consumer last touched before vis-

    iting or making a purchase. In reality, consumers are

    likely to have encountered multiple touchpoints across

    an array of channels prior to conversion. Take for ex-

    ample the consumer journey outlined in Figure 3.

    Here, the consumer has enco untered the brand in a va-

    riety of channels, including multiple social media

    sites;

    however, only the last touch, paid search, is cred-

    ited for the conversion. Since the initial brand aware-

    ness was driven (and subsequently reinforced) through

    social media, social media should be credited for at

    least a portion ofthe conversion.

    There are a number of possible attribution models

    (see Figure 4). The example just described corre-

    sponds to last-click attribution, which is based on the

    notion that the last marketing communication en-

    countered by a customer is responsible for the con-

    version. In this model, the value of prior interactions

    is ignored and these channels do not receive any

    credit. This model focuses solely on short-term ob-

    jectives such as gaining consideration, stimulating

    trial, and encouraging repurchase, and does not con-

    sider long-term objectives. This is the most common

    model and has been used since the early days of on-

    line direct response.

    First-click attribution takes the opposite view of

    last-click attribution; namely, it gives full credit to the

    initial interaction. This model places greater emphasis

    on creating awareness, a long-term objective, and

    views the first marketing communication as the most

    valuable, disregarding the impact of other touchpoints.

    Equal attribution views all interactions as valuable

    and assigns identical weight to each touchpoint. In our

    example, all four touchpoints would receive 25%

    credit for the conversion. This model is advantageous

    in that it incorporates both short-term and long-term

    objectives; however, the assumption that each touch-

    point is of equal value may not reflect reality. More-

    over, as the number of touchpoints gro ws, the value of

    each touchpoint decreases equally.

    Fractional attribution recognizes that different

    touchpoints play different roles and allows for each in-

    teraction to be weighted accordingly. In theory this

    method is ideal; not only does it incorporate both

    short-term and long-term objectives, it accounts for

    the respective value of each touchp oint in generating a

    conversion. The assumption that marketers can deter-

    FIGURE 4 Example Attribution Models

    Last click Attribution

    Go> sie

    100%

    First click Attribution

    100% 0%

    You fM

    Co yle

    Fractional Attribution

    4 5 %

    15%

    15%

    25

    Equal Attribution

    25

    25 25

    mine the appropriate weights for each touchpoint may

    not be realistic, however, and technology may not be

    in place to capture each touchpoint.

    The point of this discussion is that marketers need

    to consider the impact of multiple touchpoints when

    measuring marketing success, especially in regards to

    social media. Although tracking codes can be embed-

    ded in links, thereby enabling the attribution of online

    sales to social media sources, users of social media do

    not always include these codes in their posts. Simi-

    larly, many analytics programs rely on web browsers

    to submit referrer information; since not all applica-

    tions supply referrer data (e.g., mobile apps and e-mail

    clients), these referrals may be misconstrued as direct

    traffic. Even more problematic is the attribution of of-

    fline sales to social media. Unless a customer men-

    tions a social media cam paign w hen making an offline

    purchase, the link between the sale and social media

    not to mention a particular social media campaign

    will not be made. The end result is an incomplete

    picture of the marketing effort. Further advances in

    methods of attribution are necessary to improve the re-

    liability of social media metrics.

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    Social Med ia and Effective Integrated

    Marketing ommunications

    As of this writing, Wikipedia hsts 198 active social

    networking websites, with a disclaimer that this list is

    not exhaustive (Wikipedia 2013). Indeed, newer social

    media sites, such as AppNet and Pheed, are conspicu-

    ously absent from the list. As social media continue to

    proliferate, effective integration of social media into

    marketing communications will be increasingly diffi-

    cult. We highlight some of the potential challenges

    here as suggestions for areas of future research.

    One issue concerns the number of social media

    sites a brand should be active on. On the one hand,

    there is clearly an opportunity cost associated with

    each additional site; the time and resources required to

    maintain a presence on a new social channel could be

    spent enhancing the brand's presence on existing

    channels or even dedicated to other aspects of market-

    ing communications. On the other hand, a brand lack-

    ing presence on a social channel may cause discord

    among its customers who are engaged there. Even

    worse, the brand might fall victim to a third party

    masquerading as the brand on the new social channel,

    potentially damaging the brand's reputation and its re-

    lationship with its customers. Aside from having a

    presence, how active does a brand need to be on each

    social channel? Is it sufficient to maintain a minimal

    presence on the less popular social sites? Or must a

    brand be equally active on each site? Research is

    needed to help brands answer these questions and

    guide their social media strategy.

    Marketers must also consider the demographics of

    the social chann els. Pinterest, for exam ple, is currently

    more popular among a female audience, while Twitter

    is slightly more popular among males, and Pheed is

    dominated by teenagers (Duggan and Brenner 2013;

    Pozin 2013). These differences in demographics are

    due in part to the design goals of the respective plat-

    forms. Pinterest, for example, is designed to facilitate

    sharing of photos found on the web. Twitter requires

    users to communicate in short, primarily textual mes-

    sages, and Pheed emphasizes the sharing of multime-

    dia. There is also a growing number of niche social

    networks that are dedicated to special topics, such as

    knitting (Manjoo 2011). Just as a marketer would re-

    search audience profiles of various magazines, mar-

    keters will increasingly need to consider the user base

    of each social channel when developing their social

    media strategy.

    Differences in design and user base are also re-

    flected in the style of communication employed on

    each social channel. Communications on Linkedin,

    for example, are expected to be professional and well-

    written, whereas posts on Pheed tend to be raw and

    graphic. Moreover, when deciding whether or not to

    participate in a social channel, brands must also con-

    sider whether the style of communication is consistent

    with the brand's image. A hip, modern brand targeted

    at youth may find the style of communication on

    Pheed appropriate for the brand, whereas a conserva-

    tive,

    high-end brand may not. In cases of overlap,

    where multiple social channels match the brand's

    image, the marketer may need to customize communi-

    cations for each social channel. Twitter users, for ex-

    ample, may be annoyed by brands that post truncated

    versions of Facebook updates to Twitter.

    Lastly, how should a brand deal w ith users who fol-

    low the brand on multiple social channels? A current

    practice of many brands is to post roughly the same

    content on each social channel. Does this duplication

    annoy consumers who see the same message across

    multiple channels? Or does it simply reinforce the

    message? Presumably, people who follow a brand on

    multiple channels are fans, possibly even advocates.

    Does posting similar messages on multiple social

    channels help these users share the brand's message

    with different sets of followers? Is there any advantage

    to encouraging people to follow the brand on multiple

    channels? Namely, can the brand post to multiple so-

    cial charmels in such a way as to create cross-channel

    synergies? Ifso ,how can the brand m easure the effec-

    tiveness of its efforts, given the attribution problem

    discussed earlier?

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    C o p y r i g h t o f I n t e r n a t i o n a l J o u r n a l o f I n t e g r a t e d M a r k e t i n g C o m m u n i c a t i o n s i s t h e p r o p e r t y o f

    R a c o m C o m m u n i c a t i o n s a n d i t s c o n t e n t m a y n o t b e c o p i e d o r e m a i l e d t o m u l t i p l e s i t e s o r

    p o s t e d t o a l i s t s e r v w i t h o u t t h e c o p y r i g h t h o l d e r ' s e x p r e s s w r i t t e n p e r m i s s i o n . H o w e v e r , u s e r s

    m a y p r i n t , d o w n l o a d , o r e m a i l a r t i c l e s f o r i n d i v i d u a l u s e .