SlideShare a Scribd company logo
1 of 6
Download to read offline
HOWTOMEASURE
SUCCESSINSOCIAL
WHY ENGAGEMENT RATES ARE A RED HERRING
AND HOW YOU SHOULD TRACK YOUR RESULTS
1
HOWTOMEASURE
SUCCESSINSOCIAL
WHY ENGAGEMENT RATES ARE A
RED HERRING AND HOW YOU
SHOULD TRACK YOUR RESULTS
Let me start by saying sorry. From
us agencies to you brand marketers,
we’re sorry.
Social builds brands and creates sales. As a
marketer who believes in social, you can
often find yourself defending this fact. Or
maybe, just sometimes, when you’ve had a
bad day, maybe not quite believing it. We’re
sorry about that, it’s our fault.
When social was coming of age and into the
consciousness of people and brands (I’m
thinking, circa 2011) it was all very exciting.
As agencies and marketers we all inherently
knew (know!) that communicating and
building relationships with consumers
builds brands and ultimately leads to sales.
‘Social’ was where people communicated
with one another and built personal
relationships so it made pretty good sense.
Nowadays when you add the sheer scale of
social on top of this fact, it becomes a no
brainer.
But we made a mistake, and this is why I
want to apologise.
Hi, We are Impero, we bring brands fame
and glory. Here's why.
At their essence, brands are tools to help
people make decisions on what to buy.
Fame and glory makes those decisions
easier.
Famous brands sell more stuff because
famous brands are always top of mind.
Glorious brand experiences help sell
more stuff because rich and engaging
executions linger longer in consumers'
minds and create deep relationships and
brand passion.
If you want to bring your brand Fame
and Glory – hire us. We’re awesome.
www.weareimpero.com
IMPERO
2
OUR MISTAKE – WE INVENTED THE
‘ENGAGEMENT RATE’
We didn’t work hard enough to create meas-
ures that told us anything interesting or
insightful about our successes or failures in
this space. Instead we rounded up any data
we could get (which was severely limited at
the time) and invented a measure. We took
all types of engagements and divided them
by reach (or worse, fan numbers). Yep, we
invented the ‘engagement rate’ and it was a
mistake. Here’s why.
And that was about it. We knew every other
brand was is in social and they must be onto
something. If we knew we were doing well
against our competitors, that was good news!
And we kept going - making more creative
that resulted in a better engagement rate, so
we kept winning.
But benchmarking yourself against your
competitors only tells you so much. In fact, it
doesn’t usually tell you anything of real
value when it comes to social. It doesn’t take
into account your goals, and the fact that
they are probably different from your
competitors. So why is it something that we
obsess over?
We invented a measure and made creative
to achieve success by this measure without
ever questioning what we should be meas-
uring in the first place. I refer to it as the
“social red herring”. It distracts us from using
relevant and important social measures.
Well, it’s time to grow up. It’s time to link
social back to business and brand goals.
Engagements
Reach
A good agency
sales pitch
=
We (agencies and brands – no, I don’t think
we should take all the blame for this) desper-
ately needed to prove that social made a
difference, but we weren’t sophisticated
enough to prove it outright. So we invented
the engagement rate’ because it told us how
well we were performing in social compared
to our competitors. The discussion went
something like this:
Benchmarking doesn’t usually tell
you anything of real value when it
comes to social.
“How are we doing in social?”
“Well, we have the
highest engagement
rate in our category”
“Great, keep going”
DEFINE WHAT TYPE
OF CAMPAIGN WE
SHOULD BE RUNNING
Nope, you won't hear many digital and social
agencies say this, but not all problems are
best solved online. So before we start, should
we even be in social?
Let’s assume the answer is yes, otherwise
this article won't reach it’s word count.
2
3
DEFINE THE
MEASURES THAT
WILL PROVE ITS
SUCCESS OR FAILURE.
AND CREATE YOUR
OWN SCORE CARD
This is the tricky part, but the most valuable
step in this process. It’s why I wrote this
article. It’s where social gets personal,
because your score card is all about you.
3
DEFINE THE STRATEGY
TO ACHIEVE THOSE
GOALS
Every good communications campaign starts
with a good strategy.
4
MAKE CREATIVE AND
RUN CAMPAIGN
A step not to be taken lightly of
course, but for the purposes of this article
let’s bundle this whole process into a single
step.
5
TRACK AGAINST
WHAT IS SET OUT IN
STEP 3
To gauge the success, start tracking results
against your score card immediately.
6
6 STEPS TO MEASURING
SUCCESS AND FAILURE IN SOCIAL
DEFINE THE PROBLEM
What problem are we trying to fix?
Or, what goal are we trying to
achieve? Do we have low awareness or
frequency? Do we have an image problem?
Do we need to increase likability (like with a
lowercase ‘l’ you’ll note). Do we have a new
product that we think our audience will
love? Or is it something else?
1
So let’s look at step 3 – and how it can
be applied to you and your brands...
4
BRAND
SCORECARD
FOR EACH LIKE
We really want people to read our
message, and agree with it, we want
people to be positive about what we’ve
had to say. The human reaction to this
on Facebook is to click the little ‘Like’
button.
HOW TO DEVELOP A SCORECARD
Scorecards enable you to weigh the quantity
and quality of specific social actions to then
determine how successful a social
campaign is. It allows us to move away from
the ‘one size fits all’ measurement.
Right now, we need to talk in concrete terms
so let’s say your brand’s problem is relevance
within your target demographic.
We all know your brand, but it doesn’t get us
going, it doesn’t resonates with us.
We have nothing in common with it. It’s nice,
but dim.
In the days of old, we would have said “let’s
make some content and track our beloved
engagement rate”. We would have measured
all likes, comments, shares, re-blogs,
favorites, whatever, who cares, just track it.
All engagements were equal. We just want to
be better than the guy down the road (our
competitor).
Nowadays, we need to think hard about
what type of measure will track our success
or failure.
To keep this simple example,
even more simple, let’s keep this to
Facebook exclusively. Let’s say...
FOR EACH SHARE
Share’s are good – we want people to
agree and share our message for word
of mouth reasons, but they’re not our
primary concern, because we don’t
want to skew our creative into cheap
tricks to get shares.
REACH, 10K PEOPLE
We need to reach people, who doesn’t,
but it’s less about share numbers of
reach here, it’s more about them Likes –
so let’s attribute 10 points for every 10K
people reached.
VIEW RATE DROP OFF
If someone watches our film (if we create
them, and maybe we won't because they
score so low on our scorecard) longer
than 75% - we get another 10 points.
Films are great for landing messages, but
again, we’re less concerned with people
hearing our message, more concerned
with them agreeing with it.
COMMENTS (NON-NEGATIVE)
Comments are great, we love comments,
but stoking up lots of debate or feedback
won’t help us solve our current brand
issue. So we don’t want to skew our
creative towards comments (e.g. ‘tell us
what you think below’ or ‘choose A or B’
type creative).
50PTS
25PTS
10PTS
10PTS
5PTS
Your scorecard should be developed with
your agency.
You should probably work with a planner,
strategist or an analyst to do this. BUT NOT
THE CREATIVES. We find, for best results,
brief the creative team once they know what
they are trying to achieve.
WHAT’S A GOOD SCORE?
5
NOW BRIEF IT IN
Good question. But, sorry, we can’t answer
that for you. We don’t know your investment,
your market, or your consumer. But what we
can tell you is; if you follow the scorecard
method and you get the weighting right you
can compare return on social investment
between your brands and campaigns and
start to really understand which campaigns
are performing and which aren’t. And impor-
tantly, how those campaigns are solving
your brand goals.
If you stick with engagement rates, you run
the risk that your agency will chase a high
rate before chasing a solution to your brand
problems. And as a brand you’ll never be
able to tell if you’re winning or not.
In the simple example I have outlined above,
we want to show people our brand has more
in common with them than they think. We
want to show our target market we’re not
that different - in fact, we share the lot of the
same ideas. In our language, ‘we’re relevant’.
First and foremost, I hypothesize that we
need to make a lot of content that people can
align with, agree with and think positively
about. Content that people like (lower case l).
In this case, a good idea to track Likes (with
an uppercase L). If we can put content out
there that encourages a million unique Likes
for the campaign, it means we have a million
consumers who have seen our messaging
and outwardly told us they agree with it.
But the other measures still matter, we work
to a total scorecard sum of 100. By allocating
points for each measure out of 100, we can
accurately compare campaigns – even when
the objective or brand goal is different.
+44 207 998 7571
MICHAEL@WEAREIMPERO.COM
UNIT 306, METROPOLITAN WHARF
70 WAPPING WALL
LONDON, E1 W3SS
GET IN TOUCH

More Related Content

Recently uploaded

Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
ZurliaSoop
 
Capstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdfCapstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdf
eliklein8
 

Recently uploaded (20)

Craft Your Legacy: Invest in YouTube Presence from Sociocosmos"
Craft Your Legacy: Invest in YouTube Presence from Sociocosmos"Craft Your Legacy: Invest in YouTube Presence from Sociocosmos"
Craft Your Legacy: Invest in YouTube Presence from Sociocosmos"
 
Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
 
Film show post-production powerpoint for site
Film show post-production powerpoint for siteFilm show post-production powerpoint for site
Film show post-production powerpoint for site
 
Film show evaluation powerpoint for site
Film show evaluation powerpoint for siteFilm show evaluation powerpoint for site
Film show evaluation powerpoint for site
 
Finance-and-Operations-in-the-Azure-Cloud.pdf
Finance-and-Operations-in-the-Azure-Cloud.pdfFinance-and-Operations-in-the-Azure-Cloud.pdf
Finance-and-Operations-in-the-Azure-Cloud.pdf
 
Ignite Your Online Influence: Sociocosmos - Where Social Media Magic Happens
Ignite Your Online Influence: Sociocosmos - Where Social Media Magic HappensIgnite Your Online Influence: Sociocosmos - Where Social Media Magic Happens
Ignite Your Online Influence: Sociocosmos - Where Social Media Magic Happens
 
VIP Call Girls Morena 9332606886 Free Home Delivery 5500 Only
VIP Call Girls Morena 9332606886 Free Home Delivery 5500 OnlyVIP Call Girls Morena 9332606886 Free Home Delivery 5500 Only
VIP Call Girls Morena 9332606886 Free Home Delivery 5500 Only
 
Vellore Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Vellore Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort ServiceVellore Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Vellore Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
 
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
 
Generate easy money from tiktok using this simple steps on the book.
Generate easy money from tiktok using this simple steps on the book.Generate easy money from tiktok using this simple steps on the book.
Generate easy money from tiktok using this simple steps on the book.
 
Pondicherry Call Girls Book Now 8617697112 Top Class Pondicherry Escort Servi...
Pondicherry Call Girls Book Now 8617697112 Top Class Pondicherry Escort Servi...Pondicherry Call Girls Book Now 8617697112 Top Class Pondicherry Escort Servi...
Pondicherry Call Girls Book Now 8617697112 Top Class Pondicherry Escort Servi...
 
Production diary Film the city powerpoint
Production diary Film the city powerpointProduction diary Film the city powerpoint
Production diary Film the city powerpoint
 
Social media marketing/Seo expert and digital marketing
Social media marketing/Seo expert and digital marketingSocial media marketing/Seo expert and digital marketing
Social media marketing/Seo expert and digital marketing
 
BVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIR
BVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIRBVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIR
BVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIR
 
Film the city investagation powerpoint :)
Film the city investagation powerpoint :)Film the city investagation powerpoint :)
Film the city investagation powerpoint :)
 
Film show pre-production powerpoint for site
Film show pre-production powerpoint for siteFilm show pre-production powerpoint for site
Film show pre-production powerpoint for site
 
Improve Your Brand in Waco with a Professional Social Media Marketing Company
Improve Your Brand in Waco with a Professional Social Media Marketing CompanyImprove Your Brand in Waco with a Professional Social Media Marketing Company
Improve Your Brand in Waco with a Professional Social Media Marketing Company
 
Enjoy Night⚡Call Girls Palam Vihar Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Palam Vihar Gurgaon >༒8448380779 Escort ServiceEnjoy Night⚡Call Girls Palam Vihar Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Palam Vihar Gurgaon >༒8448380779 Escort Service
 
Capstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdfCapstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdf
 
College & House wife Call Girls in Paharganj 9634446618 -Best Escort call gi...
College & House wife  Call Girls in Paharganj 9634446618 -Best Escort call gi...College & House wife  Call Girls in Paharganj 9634446618 -Best Escort call gi...
College & House wife Call Girls in Paharganj 9634446618 -Best Escort call gi...
 

Featured

How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
ThinkNow
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
Kurio // The Social Media Age(ncy)
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

How to (Actually) Measure Success in Social Media

  • 1. HOWTOMEASURE SUCCESSINSOCIAL WHY ENGAGEMENT RATES ARE A RED HERRING AND HOW YOU SHOULD TRACK YOUR RESULTS
  • 2. 1 HOWTOMEASURE SUCCESSINSOCIAL WHY ENGAGEMENT RATES ARE A RED HERRING AND HOW YOU SHOULD TRACK YOUR RESULTS Let me start by saying sorry. From us agencies to you brand marketers, we’re sorry. Social builds brands and creates sales. As a marketer who believes in social, you can often find yourself defending this fact. Or maybe, just sometimes, when you’ve had a bad day, maybe not quite believing it. We’re sorry about that, it’s our fault. When social was coming of age and into the consciousness of people and brands (I’m thinking, circa 2011) it was all very exciting. As agencies and marketers we all inherently knew (know!) that communicating and building relationships with consumers builds brands and ultimately leads to sales. ‘Social’ was where people communicated with one another and built personal relationships so it made pretty good sense. Nowadays when you add the sheer scale of social on top of this fact, it becomes a no brainer. But we made a mistake, and this is why I want to apologise. Hi, We are Impero, we bring brands fame and glory. Here's why. At their essence, brands are tools to help people make decisions on what to buy. Fame and glory makes those decisions easier. Famous brands sell more stuff because famous brands are always top of mind. Glorious brand experiences help sell more stuff because rich and engaging executions linger longer in consumers' minds and create deep relationships and brand passion. If you want to bring your brand Fame and Glory – hire us. We’re awesome. www.weareimpero.com IMPERO
  • 3. 2 OUR MISTAKE – WE INVENTED THE ‘ENGAGEMENT RATE’ We didn’t work hard enough to create meas- ures that told us anything interesting or insightful about our successes or failures in this space. Instead we rounded up any data we could get (which was severely limited at the time) and invented a measure. We took all types of engagements and divided them by reach (or worse, fan numbers). Yep, we invented the ‘engagement rate’ and it was a mistake. Here’s why. And that was about it. We knew every other brand was is in social and they must be onto something. If we knew we were doing well against our competitors, that was good news! And we kept going - making more creative that resulted in a better engagement rate, so we kept winning. But benchmarking yourself against your competitors only tells you so much. In fact, it doesn’t usually tell you anything of real value when it comes to social. It doesn’t take into account your goals, and the fact that they are probably different from your competitors. So why is it something that we obsess over? We invented a measure and made creative to achieve success by this measure without ever questioning what we should be meas- uring in the first place. I refer to it as the “social red herring”. It distracts us from using relevant and important social measures. Well, it’s time to grow up. It’s time to link social back to business and brand goals. Engagements Reach A good agency sales pitch = We (agencies and brands – no, I don’t think we should take all the blame for this) desper- ately needed to prove that social made a difference, but we weren’t sophisticated enough to prove it outright. So we invented the engagement rate’ because it told us how well we were performing in social compared to our competitors. The discussion went something like this: Benchmarking doesn’t usually tell you anything of real value when it comes to social. “How are we doing in social?” “Well, we have the highest engagement rate in our category” “Great, keep going”
  • 4. DEFINE WHAT TYPE OF CAMPAIGN WE SHOULD BE RUNNING Nope, you won't hear many digital and social agencies say this, but not all problems are best solved online. So before we start, should we even be in social? Let’s assume the answer is yes, otherwise this article won't reach it’s word count. 2 3 DEFINE THE MEASURES THAT WILL PROVE ITS SUCCESS OR FAILURE. AND CREATE YOUR OWN SCORE CARD This is the tricky part, but the most valuable step in this process. It’s why I wrote this article. It’s where social gets personal, because your score card is all about you. 3 DEFINE THE STRATEGY TO ACHIEVE THOSE GOALS Every good communications campaign starts with a good strategy. 4 MAKE CREATIVE AND RUN CAMPAIGN A step not to be taken lightly of course, but for the purposes of this article let’s bundle this whole process into a single step. 5 TRACK AGAINST WHAT IS SET OUT IN STEP 3 To gauge the success, start tracking results against your score card immediately. 6 6 STEPS TO MEASURING SUCCESS AND FAILURE IN SOCIAL DEFINE THE PROBLEM What problem are we trying to fix? Or, what goal are we trying to achieve? Do we have low awareness or frequency? Do we have an image problem? Do we need to increase likability (like with a lowercase ‘l’ you’ll note). Do we have a new product that we think our audience will love? Or is it something else? 1 So let’s look at step 3 – and how it can be applied to you and your brands...
  • 5. 4 BRAND SCORECARD FOR EACH LIKE We really want people to read our message, and agree with it, we want people to be positive about what we’ve had to say. The human reaction to this on Facebook is to click the little ‘Like’ button. HOW TO DEVELOP A SCORECARD Scorecards enable you to weigh the quantity and quality of specific social actions to then determine how successful a social campaign is. It allows us to move away from the ‘one size fits all’ measurement. Right now, we need to talk in concrete terms so let’s say your brand’s problem is relevance within your target demographic. We all know your brand, but it doesn’t get us going, it doesn’t resonates with us. We have nothing in common with it. It’s nice, but dim. In the days of old, we would have said “let’s make some content and track our beloved engagement rate”. We would have measured all likes, comments, shares, re-blogs, favorites, whatever, who cares, just track it. All engagements were equal. We just want to be better than the guy down the road (our competitor). Nowadays, we need to think hard about what type of measure will track our success or failure. To keep this simple example, even more simple, let’s keep this to Facebook exclusively. Let’s say... FOR EACH SHARE Share’s are good – we want people to agree and share our message for word of mouth reasons, but they’re not our primary concern, because we don’t want to skew our creative into cheap tricks to get shares. REACH, 10K PEOPLE We need to reach people, who doesn’t, but it’s less about share numbers of reach here, it’s more about them Likes – so let’s attribute 10 points for every 10K people reached. VIEW RATE DROP OFF If someone watches our film (if we create them, and maybe we won't because they score so low on our scorecard) longer than 75% - we get another 10 points. Films are great for landing messages, but again, we’re less concerned with people hearing our message, more concerned with them agreeing with it. COMMENTS (NON-NEGATIVE) Comments are great, we love comments, but stoking up lots of debate or feedback won’t help us solve our current brand issue. So we don’t want to skew our creative towards comments (e.g. ‘tell us what you think below’ or ‘choose A or B’ type creative). 50PTS 25PTS 10PTS 10PTS 5PTS
  • 6. Your scorecard should be developed with your agency. You should probably work with a planner, strategist or an analyst to do this. BUT NOT THE CREATIVES. We find, for best results, brief the creative team once they know what they are trying to achieve. WHAT’S A GOOD SCORE? 5 NOW BRIEF IT IN Good question. But, sorry, we can’t answer that for you. We don’t know your investment, your market, or your consumer. But what we can tell you is; if you follow the scorecard method and you get the weighting right you can compare return on social investment between your brands and campaigns and start to really understand which campaigns are performing and which aren’t. And impor- tantly, how those campaigns are solving your brand goals. If you stick with engagement rates, you run the risk that your agency will chase a high rate before chasing a solution to your brand problems. And as a brand you’ll never be able to tell if you’re winning or not. In the simple example I have outlined above, we want to show people our brand has more in common with them than they think. We want to show our target market we’re not that different - in fact, we share the lot of the same ideas. In our language, ‘we’re relevant’. First and foremost, I hypothesize that we need to make a lot of content that people can align with, agree with and think positively about. Content that people like (lower case l). In this case, a good idea to track Likes (with an uppercase L). If we can put content out there that encourages a million unique Likes for the campaign, it means we have a million consumers who have seen our messaging and outwardly told us they agree with it. But the other measures still matter, we work to a total scorecard sum of 100. By allocating points for each measure out of 100, we can accurately compare campaigns – even when the objective or brand goal is different. +44 207 998 7571 MICHAEL@WEAREIMPERO.COM UNIT 306, METROPOLITAN WHARF 70 WAPPING WALL LONDON, E1 W3SS GET IN TOUCH