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Social Media ROI: Measureable or Myth?
 

Social Media ROI: Measureable or Myth?

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Social Media ROI ...

Social Media ROI

As customers dynamically shift between their laptops, smartphones and tablets, they access a range of various websites and apps which collect and transmit a large amount of data.

This data is highly unstructured and cannot be assessed by traditional measurement models. As a result, we must evolve our measurement approach to make sense of these new forms of data.

This presentation covers:
- What does social media success mean to your organisation?
- Identifying precise social measurement objectives (such as revenue generation, operational efficiency and customer experience)
- Developing a Social Media Measurement Framework (SMMF) for your organisation
- Calculating ROI based on best practice social media attribution models
- Selecting the appropriate tools and technology to measure social media
- The future of social measurement

Read more about Social Media ROI at http://www.crowdbabble.com/blog

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    Social Media ROI: Measureable or Myth? Social Media ROI: Measureable or Myth? Presentation Transcript

    • @AbbasAlidinaSocial Media ROIMeasureable or Myth?www.crowdbabble.com/blogAbbas AlidinaCEOCrowdbabble Inc.@AbbasAlidina
    • @AbbasAlidinaAbout Me…
    • @AbbasAlidinaAbout Me…
    • @AbbasAlidinaAbout Me…
    • @AbbasAlidinaSo…Why Are We Here Today?
    • @AbbasAlidinaBIGDATASource:DOMO
    • @AbbasAlidinaSource:DOMO
    • @AbbasAlidinaSocial Media is FUN!Why Ruin it with ROI?
    • @AbbasAlidinaSocial Media Will Addto the Global Economy$1.3 Trillionby 2018!Source: McKinsey Global Institute
    • @AbbasAlidina
    • @AbbasAlidinaLifetime value of a fan in socialmedia (Syncapse)Source: http://www.syncapse.com/value-of-a-facebook-fan-2013/
    • @AbbasAlidinaLifetime value of a fan in socialmedia (Vitrue)Source: http://www.adweek.com/news/technology/ value-fan-social-media-360-102063
    • @AbbasAlidinaThe value of a human life(StanfordGraduate School of Business)Source: http://www.time.com/time/health/article/0,8599,1808049,00.html
    • @AbbasAlidinaSocial Media ROI.Measureable or Myth?
    • @AbbasAlidinaFor Some, It’s a Myth
    • @AbbasAlidinaWhy So MuchConfusion?
    • @AbbasAlidinaDefine Success
    • @AbbasAlidinaIdentify Business Objectives
    • @AbbasAlidinaDevelop aSocial Media MeasurementFramework (SMMF)
    • @AbbasAlidinaCase Study:Social Media ROI
    • @AbbasAlidinaMonthly Sales: Before & After Twitter Activation
    • @AbbasAlidinaMonthly Sales: Before & After Twitter Activation
    • @AbbasAlidina
    • @AbbasAlidinaX & Y are correlated1. X could have caused Y2. Y could have caused X3. An external factor, Z could have caused them both
    • @AbbasAlidina
    • @AbbasAlidina
    • @AbbasAlidinaCorrelation
    • @AbbasAlidinaCorrelation vs. Causation
    • @AbbasAlidinaSo How Can We ProveCausation?
    • @AbbasAlidinaSolution: Purer Controlled Experiments
    • @AbbasAlidinaSolution: Purer Controlled Experiments
    • @AbbasAlidinaDon’t Just Look at Number of Fans!
    • @AbbasAlidinaDon’t Just Look at Number of Fans!
    • @AbbasAlidinaCalculate ROI 
    • @AbbasAlidinaTraditional Web AnalyticsSource: @Avinash
    • @AbbasAlidinaTraditional Web AnalyticsSource: @Avinash
    • @AbbasAlidinaTraditional Web AnalyticsSource: @Avinash
    • @AbbasAlidinaSocial Media AnalyticsSource: @Avinash
    • @AbbasAlidinaSocial Media AnalyticsSource: http://techcrunch.com/2012/11/26/the-social-commerce-attribution-problem/#
    • @AbbasAlidinaSocial Media Analytics
    • @AbbasAlidinaSocial Media Analytics
    • @AbbasAlidinaAttribution Modelingis like…
    • @AbbasAlidinaBasketball!
    • @AbbasAlidinaOr Soccer (I mean Football!)
    • @AbbasAlidinaAttribution ModelingSource: http://www.seosandwitch.com/2013/02/multi-channel-funnels-in-google.html
    • @AbbasAlidinaAttribution ModelingSource: http://www.seosandwitch.com/2013/02/multi-channel-funnels-in-google.html
    • @AbbasAlidinaAttribution ModelingSource: http://www.seosandwitch.com/2013/02/multi-channel-funnels-in-google.htmlWithout Attribution Modeling,Social Media gets ZERO Credit.
    • @AbbasAlidinaThe Future ofSocial Measurement
    • @AbbasAlidinaCross Device Measurement with Client IDSource: https://developers.google.com/events/io/sessions/332857962
    • @AbbasAlidinaCross Device Measurement with User IDSource: https://developers.google.com/events/io/sessions/332857962
    • @AbbasAlidina
    • @AbbasAlidinaThe Future of Social Media ROI
    • @AbbasAlidinawww.crowdbabble.com/blogAbbas AlidinaCEOCrowdbabble Inc.@AbbasAlidina