social media return on investment

Post on 10-May-2015

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I’m going to offer you a very simplistic point of view about social media marketing. Here it goes: Build your stadium, fill your stadium, and make your fans cheer. Building your stadium is acquiring the media by setting up the pages correctly. Filling your stadium is growing your audience by attracting fans, followers and connections. Making them cheer is consistently posting valuable, engaging, and compelling content. Simple enough right? Well, for some. But I see a number of challenges with this formula. First – and the most common one I encounter – is that many people stop at Part 1. They call and ask me to ‘set-up a page for them’ and assume that’s all there is to it. Well social media is not a directory service so simply setting it up is just the starting point. Another challenge: some will focus too much energy on either building their audience or posting great content. The truth is, there needs to be a balance of both. For example, if you spend hours writing content and you only have 7 Facebook fans it’s not doing you much good. While strong content is foundational, people won’t magically flock to your page. At the same time, if you have 20,000 fans and horrible content, it simply means you have a large audience but you don’t have their attention. Again, it’s a balance of both that make social media powerful. Let’s break this down further into the steps you need to take in order to achieve your social media ROI. Now, comes the big question… how do we receive a return on our investment of time and money into social media? In what ways can we monetize social media as a small business? I’ll be honest with you. It’s going to require some work, but fortunately for you, I’m giving you the formula for actualizing your investment.

TRANSCRIPT

Social Media ROI

By Rachel Strella

www.strellasocialmedia.com

Today, We’ll Cover:

The Mindset The Marketing The Money

The Mindset

The Mindset

The One-Way Broadcasting Advertising

The Mindset

The Two-Way Networking Relationship Building

The Mindset

Social media is like the two-way, but better! But, businesses and organizations make the mistake of treating social media like the first mindset!

The Marketing

Build Your Stadium

Fill Your Stadium

Make Your Fans Cheer

The Challenges

The Money

An Analogy for How This Works

In order to from this…

To this…

You gotta do this…

Establish Clear Goals What Do You Want to Achieve? In

What Timeframe?

Establish Clear Goals

Establish Clear Goals

Lay the Foundation What Needs Set-Up?

Lay the Foundation

Build Your Audience How Can I Attract My Target

Audience?

Build Your Audience

Build Your Audience

Plan Your Strategy What Do I Need to Make

This Work?

Plan Your Strategy

Plan Your Strategy

Execute Your Strategy

Who Does What and When?

Execute Your Strategy

Execute Your Strategy

Execute Your Strategy

Offer Compelling Content

What Does My Audience Need and Want?

Offer Compelling Content

Offer Compelling Content

Offer Compelling Content

Evaluate the Results Did It Work? What Should I Shift?

Evaluate the Results

Evaluate the Results

Evaluate the Results

Let’s Make $$$

Remember…

In order to from this…

To this…

You gotta do this…

Small Business Guide! 84-page guide to social media

strellasocialmedia.com/smb-guide

Small Business Guide! 84-page guide to social media

strellasocialmedia.com/smb-guide Exclusively for Small Businesses Explains the ‘why’ and ‘how’ of social

media Examples guide modules Workbook allows you to apply it to

your own business REAL Strategies Affordable

Website and Blog: StrellaSocialMedia.com

Facebook: Facebook.com/StrellaSocialMedia

Twitter: Twitter.com/RachelStrella

LinkedIn: LinkedIn.com/in/RachelStrella

Connections and Resources

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