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  • 8/4/2019 Meauring Social Media

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    Measuring Online MediaEffectiveness

    Navneet Bhushan

    ([email protected])

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    What is happening?

    HYPE to Methodology

    many marketers jumped on board Twitter, Facebook, blogs,and other social media platforms without a plan fordefining, achieving, or measuring success.

    Crafitti Consulting Private 22

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    What is happening?

    Return on engagement the duration of time spent eitherin conversation or interacting with social objects, and in turn,what transpired thats worthy of measurement.

    Return on participation the metric tied to measuring andvaluing the time spent participating in social media throughconversations or the creation of, social objects.

    Return on involvement similar to participation, marketersexplored touchpoints for documenting states of interaction andtying metrics and potential return of each.

    Return on attention In the attention economy, we assessthe means to seize attention, hold it and as such measure the

    responses activities that we engender. Return on trust A variant on measuring customer loyalty

    and the likelihood for referrals, a trust barometer establishesthe state of trust earned in social media engagement and theprospect of generating advocacy and how it impacts future

    business. Crafitti Consulting Private 33

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    4/15/12 Crafitti Consulting Private CRAFITTI CONSULTING

    CONCEPTUAL SOLUTION:

    GLOBAL ENTERPRISE AS A

    SOCIAL SYSTEMThe Tipping Pointthat refers to the moment whensomething unusual becomescommon. The book seeks to

    explain "social epidemics", orsudden and often chaotic changesfrom one state to another.(Wikipedia)

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    Three types of people create Idea TippingPoints

    Connectors are those with wide social circles.Mavens are knowledgeable people.Salesmen are charismatic people with powerfulnegotiation skills. They exert "soft" influence rather thanforceful power.

    The PROCESS of TIPPING POINTS

    The Law of the Few: Find out Connectors, Mavens andSalesmen a few of these is what one idea needs tobecome an epidemic

    Stickiness: Ideas or products found attractive orinteresting by others will grow exponentially for sometime.

    The Power of Context: Human behavior is stronglyinfluenced by external variables of context.

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    THE NET PROMOTER SCORE

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    The net promoter impact

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    The negative Impact

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    W d f M th M k ti

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    Word of Mouth MarketingIndex

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    Definitely Yes May be Not Really Definitely

    Not

    BusinessExecutive

    Communications

    Sales/Marketing

    Teaching Others

    UsingProduct/Service Waiting to be

    Served Purchasing Infotainment Others

    Superb Good Same Need

    Improvement

    Poor

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    WOMM Score

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    Social Network Analysis and Design

    Crafitti ConsultingCrafting innovation together . . .

    www.crafitti.com

    Navneet Bhushan ([email protected])

    14 Crafitti Consulting Private

    http://www.crafitti.com/http://www.crafitti.com/