connect the dots: draw a clear picture of social’s impact on business results

22
Spredfast #SFSummit Connect the Dots: Drawing a Clear Picture of Social’s Impact on Business Results

Upload: spredfast

Post on 01-Dec-2014

101 views

Category:

Marketing


0 download

DESCRIPTION

Every company has objectives for business growth. Social marketing should support these key goals. And measurement of social marketing efforts should speak directly to goal-based results. Learn how socially mature organizations are connecting the dots between social measurement and bottom line business results. Understand the principles guiding these efforts and see how social is being integrated with other areas (and systems) across the business.

TRANSCRIPT

Page 1: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Spredfast  #SFSummit

Connect the Dots: Drawing a Clear Picture of Social’s Impact on Business Results

Page 2: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Meet the Panelists

Ben Bennett Director of Digital Strategy Country Music Association

Chris Kerns Director, Spredfast

Matt Corey CMO, PGA TOUR Superstore

Spredfast  #SFSummit

Page 3: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Achieving Success Through Real-time and Integrated Engagement Strategies

Ben Bennett Director of Digital Strategy, Country Music Association

Page 4: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Spredfast  #SFSummit

1. Social MUST BE part of a bigger strategy 2. Have reasonable expectations 3. Plan must be quantifiable 4. Be nimble (experiment and look at the data)

Key Points

Page 5: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Spredfast  #SFSummit

2.2MM Uniques

Most ever (non-promoted)

Case Study

Page 6: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

THIRD best day for adding Twitter Followers (non-show day) Spredfast  #SFSummit

Page 7: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Spredfast  #sfSummit

DOUBLED Instagram audience in 2 months using fun promotions that asked fans to participate.

Spredfast  #sfSummit

Page 8: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

DOUBLED # of photos submitted during the broadcast. 10,000 photos posted in 3 hours.

Spredfast  #SFSummit

Page 9: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Insights – Measuring Success

Spredfast  #SFSummit

4,449,963  

2,283,250   2,118,862  

1,296,848   1,157,642  751,184  

96,129  0  

500,000  

1,000,000  

1,500,000  

2,000,000  

2,500,000  

3,000,000  

3,500,000  

4,000,000  

4,500,000  

5,000,000  

Grammys   Oscars   CMA   People's  Choice   Golden  Globes   ACM   Emmys  

Total  Social  Audience  

Page 10: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Social Specific •  IMPRESSIONS •  UNIQUES •  AUDIENCE GROWTH

Industry Specific •  TV RATINGS •  EVENT TICKET SALES

Insights – Metrics

Nielsen Social ($$$$) Google Analytics FB/TW native  

Iconosquare BudUrl ($) Crowdbooster ($)

TwitterCounter ($) CrazyEgg ($$$)

Spredfast  #SFSummit

Page 11: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

What Works •  Photo Galleries •  Sweepstakes (Twitter, Email) •  Birthdays, Holidays •  Mobile Wallpapers •  Content with a DIRECT

connection to your brand •  Promoted Posts $$ •  Short, punchy ad copy  

What Doesn’t •  Post to Unlock •  Sweepstakes (Facebook) •  Video longer than 60 seconds •  Wordy copy •  Content that has nothing to

do with your brand or customers  

Spredfast  #SFSummit

Page 12: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

•  Run the numbers you have now. •  Facebook: Which post has the most/fewest impressions? •  Twitter: Which post has the most/fewest Retweets? •  Instagram: Which post has the most/fewest Likes?

Spredfast  #SFSummit

Your To Do List

•  Make sure each post has something FOR the consumer •  Links to your product pages DON’T count. •  Links to fun/funny stories about your products DO. •  Announcing you have new product for sale DOESN’T count. •  Including a 25% off discount for that product DOES.

•  Make sure your websites are mobile friendly •  Most Facebook, Twitter, Instagram users are on their smart phones. Any links

posted that drive to your site will be much less effective unless your site also has a superb mobile experience.

Page 13: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Matt Corey, CMO PGA TOUR Superstore

Empowering Customers to Drive Top Holiday Gi!s through Social

Page 14: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results
Page 15: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

This is Open Sans Light

Spredfast  #sfSummit

Page 16: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results
Page 17: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results
Page 18: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Spredfast  #SFSummit

Page 19: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Key Results: •  40% increase in conversion •  21% longer in time on site

•  5,000 referrals to product pages

•  2,000,000 potential social impressions

•  94% increase in clicks on site

•  46% increase in page views to site

Spredfast  #SFSummit

Page 20: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

Key Recommendations: 1.  Plan: propose a unique social experience that is

an integrated part of a larger campaign

2.  Measure: decide on a control group

3.  Communicate Results: good, bad or indifferent, and what is coming next

Spredfast  #SFSummit

Page 21: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

The Holy Grail

Jon   Sally  

$200   $100  

$0   $200  

$200   $300  

Purchases  

Social  Influence  

Spredfast  #SFSummit

Page 22: Connect the Dots: Draw a Clear Picture of Social’s Impact on Business Results

The Holy Grail – start here…

 $150    

 $200    

 $250    

 $300    

Zero   Low   Medium   High  

Social  Engagement  

Purcha

ses  

Spredfast  #SFSummit