Measuring Social Media

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    Notes on slide 1

    Remember: Metrics are only as good as the goals they impact Justification is different than measurement Metrics themselves don’t indicate success or failure

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    Measuring Social Media - Presentation Transcript

      • http://www.radian6.com
      • @Radian6
      Old Metrics, New Metrics, and Learning from Them All Measuring Social Media © 2009 Radian6
    1. Start with Objectives.
    2. Goals related to:
      • Reputation
      • Awareness
      • Money
      • Engagement
      • Education
      • Entertainment
    3. The Truth About ROI.
    4. Gain from Investment - Investment Cost Investment Cost X 100 The Only True ROI
    5. Benchmarking.
    6. The Old Metrics
    7. The New Metrics
    8. Why We Need Both
      • Activity & Engagement
      • Members
      • Posts/Threads
      • Comments or Ideas
      • Inbound Links
      • Tags, Votes, Bookmarks
      • Active Profiles
      • Referrals
      • Post Frequency/Density
      • Revenue and Biz Dev:
      • Speed of sales cycle
      • Number/% of repeat biz
      • % customer retention
      • Transaction value
      • Referrals
      • Net new leads
      • Cost Per Lead
      • Conversions from community
      Metrics and Measurement
    9. Metrics and Measurement
      • Cost Savings:
      • Issue Resolution Time
      • % of issues resolved online
      • Account turnover
      • Employee turnover
      • Hiring/Recruiting
      • Training costs
      • New Product Ideas
      • Development cycle time
      • Product/Serv Adoption Rate
      • Awareness and Value:
      • Brand loyalty/affinity
      • Media placements
      • Share of Conversation
      • Sentiment of Posts
      • Net Promoter Score
      • Interaction with Content
      • Employee Social Graphs
    10. The Ultimate Metric:
    11. Learn Something.
    12. Do Something.
      • http://www.radian6.com
      • @Radian6
      Questions? © 2009 Radian6

    + Radian6Radian6, 3 weeks ago

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    A review of how to measure social media, including more

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