measure and analyze social media goals

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Confidential. Property of Noble Studios Measure and Analyze Social Media Goals NCET Expo:

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Before you start posting or tweeting, be sure you have a strategy behind your social efforts. Create your business goals and business metrics, then figure out how social media can assist you in achieving your goals.

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Page 1: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Measure and Analyze Social Media Goals

NCET Expo:

Page 2: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios 2

Page 3: Measure and Analyze Social Media Goals

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Approach

Research

Strategic Planning

Persona Development

THINK

Information Architecture

Design

Development

MAKE

Marketing

Analytics

Optimization

MEASURE

Page 4: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Why is

Social Media

Important?

4

Image source: Graphic Design Inspiration

Page 5: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

1. Build your brand

2. Drive sales

3. Attract links

Importance of Social Media Outreach

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Image source: Connect Social Media

Page 6: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

You should be

everywhere on

social media,

right?

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Image source: Florida State University

Page 7: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Blog

Forums

Social

Networks

Video

Sites

Review

Sites

Local

Search

Conversations are Taking Place Everywhere

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First focus your efforts on creating a social

media “home base” and then using your social

media efforts to support that base.

Integration is key for a great social media

strategy.

Page 8: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

1. An investment (of time and money)

2. About planning and keeping track of

what works

3. Realism (must have concrete goals)

Social Media is…

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Image source: Flickr

Page 9: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

What are your

business goals?

(and how is social media supporting your goals?)

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Page 10: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Business

Goals

Business

Metrics

Social Media

Metrics

Align Social Media Efforts with Biz Goals

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BE REALISTIC!Focus on 2-3 business goals.

Page 11: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Goals, Strategy, Time = ROI

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GOALS + TACTICS = SUCCESS

TIME + EXPOSURE = CONVERSIONS

But remember, results take time. Continue to measure and optimize

your social media strategy until there is an optimal ROI.

Page 12: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

What Numbers

Should You Measure

for Success?

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Image source: Sprinklr

Page 13: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

What Are You Counting?

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Image source: Fellow Creative

Page 14: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Are Your Efforts Effective?

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…and so many more

Page 15: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Learn to Measure Your Goals Effectively

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• Tip to Tail Analytics

• Whole View Reporting

• Understand if your goals are

being met

• If it’s not being measured it

can’t be improved

*From Twitter Analytics

*From Google Analytics

Page 16: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

ACTIVITY

Reach

Engagement

Acquisition

Conversion

Metrics That Matter

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Page 17: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Post Metrics

• Post Rate

• Post Type Percentage

• Post Topic Percentage

Response Metrics

• Response Rate

• Average Response Time

Activity

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Be sure to record all your efforts

associated with inbound marketing so

that you’re able to correlate it with

what you’re tracking. Even better –

annotate in Google Analytics.

Page 18: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Activity

REACH

Engagement

Acquisition

Conversion

Metrics That Matter

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Page 19: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Facebook

Weekly total reach or “saw this post”

Twitter

Total followers + total followers of those who

retweeted your posts

Google+

Total number of those you have your circle

+ total of circles of those shared your post

LinkedIn

Total Impressions

Pinterest

Daily average reach

Reach

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Page 20: Measure and Analyze Social Media Goals

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Reach: Audience Growth Rate

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Facebook

New fans / total fans

Twitter

New followers / total followers

Google+

Newly added to circles / already in circles

LinkedIn

New followers of company page / total followers

of company page

Pinterest

New followers / total followers

Page 21: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Activity

Reach

ENGAGEMENT

Acquisition

Conversion

Metrics That Matter

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Page 22: Measure and Analyze Social Media Goals

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Engagement: Applause Rate

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Facebook

Total number of likes / total posts

Twitter

Total number of favorites / total posts

Google+

Total number of +1s / total posts

LinkedIn

Total number of likes / total posts

Pinterest

Total number of favorites / total pins

Page 23: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Engagement: Amplification Rate

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Facebook

Total number of shares / total posts

Twitter

Total number of retweets / total posts

Google+

Total number of shares / total posts

LinkedIn

Total number of shares / total posts

Pinterest

Total number of repins / total pins

Page 24: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Engagement: Conversation Rate

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Facebook

Total number of comments / total posts

Twitter

Total number of mentions / total posts

Google+

Total number of comments / total posts

LinkedIn

Total number of comments / total posts

Pinterest

Total number of comments / total pins

Page 25: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Engagement: Engagement Rate

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Facebook

People talking about this / total fans

Twitter

Favorites + mentions + retweets / total followers

Google+

+1s + comments + shares / total followers

LinkedIn

Likes + comments + shares / total followers

Pinterest

Favorites + comments + repins / total followers

Key Motivators

Knowledge

Ego

Reward

Passion

Page 26: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Activity

Reach

Engagement

ACQUISITION

CONVERSION

Metrics That Matter

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Page 27: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

• What is the percentage of total visits

from social media?

• How many people are converting?

• What are they up to?

• Average session duration

• Pageviews

• Pages per session

Acquisition and Conversions

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Page 28: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Acquisition and Conversions

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Page 29: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Case Studies On How

to Evaluate Social

Media Efforts

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Page 30: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Case Study

Client Type:

Local restaurant.

Question:

I’m spending $XXX per

month for an ad on Yelp.

Is it worth it?

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Page 31: Measure and Analyze Social Media Goals

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Case Study

Findings:

Yelp traffic is much

more engaged.

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Page 32: Measure and Analyze Social Media Goals

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Case Study

Findings:

And converts at a higher

rate.

Is it worth it?

Do the math.

$XXX / 41 Conversions

= $CPA

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Page 33: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Twitter Analytics

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Page 34: Measure and Analyze Social Media Goals

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The Big Takeaway

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Image source: Abami

Page 35: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

Research

Launch

Efforts

Measure

and Analyze

Data

Determine

Value

Revaluate

Goals

Craft New

Campaigns

Measure and Optimize

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Page 36: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

One Final Thought…

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Page 37: Measure and Analyze Social Media Goals

Confidential. Property of Noble Studios

50 W. Liberty St., Ste. 800, Reno, NV 89501 | 775.883.6000 | noblestudios.com

Thank you.

Questions?