Measuring Engagement

MEASURING ENGAGEMENT TJ Tee Digital Marketing Evangelist Integricity Corporation

Acquisition Activation of stuff happens here Lots Referral Retention Revenue

Acquisition Activation Referral Retention Revenue PR, campaigns, Home page, landing Sales, leads, Retweets, affiliates, contests, SEO/SEM, pages, product subscriptions, contests, EDMs, widgets, affiliates, blogs, features affiliate revenue viral marketing EDM, widgets, social media, banner ads, SMS/MMS

Know what you want to track • Driving engaged traffic to a website/landing page doesn’t guarantee any return • Define metrics that are relevant for your business: • Targeted clicks, sign-ups, downloads • New leads/sales • Ignore low-value metrics like: • Number of followers/fans/friends • PageRank, Alexa rank

Goals & objectives Qualitative Quantitative • Loyalty • Sales • Trust • Leads • Passion • Qualified users • Interaction • Sign-ups • Satisfaction • Referrals • Authority • Targeted clicks • Feedback • Downloads • Brand awareness • Video views/shares

Qualitative measures Campaign – Build loyalty and trust • Execution: • Engage with customers who mention your company/product on Twitter or Google • Success metrics: • # Positive comments sent to customers per week • # Conversations that started from a comment • Goal • x# Positive conversations about your company/product per week • x# Positive blog posts about your company/product per month

Qualitative measures Campaign – Increase customer satisfaction • Execution: • Engage with customers/prospects and ask what they would like from you • Success metrics: • # New useful/good suggestions • # Suggestions you implement • Goal • x# Suggestions collected per month and # you actually implement

Qualitative measures Campaign – Increase authority • Execution: • Blog about stuff you’re an expert on by writing authoritative content (first) and promoting your company (second) • Success metrics: • # Influential blogs linking to your content • # Organic visitor traffic per month • # Traffic that converts into sales • Goal • x% of organic referral traffic per month • x$ sales attributable to referrals from blog per month

Quantitative measures Campaign – Increase offline sales • Execution: • Promotion on a social media platform (e.g. Facebook) Participants get a print-out voucher to redeem offline • Success metrics: • Monthly sales • Monthly store traffic (walk-in) • Goal • x$ Monthly sales • x% Increase in store traffic over pre-promotion period

Quantitative measures Campaign – Increase online sales • Execution: • Use Twitter to inform prospects about exclusive time- limited promos • Success metrics: • Monthly sales attributable directly to Twitter • New customers attributable directly to Twitter • Monthly revenue generated from customers originally from Twitter • Goal • x$ Monthly sales directly attributable to Twitter

Google Alerts Google.com/alerts

Google Analytics: Advanced Segments

Peashoot Peashootapp.com

Facebook Pages: Insights

Measurement scorecard (sample) Stage Conversion Conv Est value (%) (RM) Acquisition Visitors to site/widget/landing page 60 0.10 Eg: 2+ pgs, 10+ sec, 1+ clicks, 0 bounce Activation Happy 1st visit, use the site, sign-up 15 0.25 Eg: Clicks/time/pages, newsletter/profile sign-up, feature usage Retention Users come back, multiple visits 5 0.50 Eg: 1-3x visits/mth; email/feed open rate / CTR Referral Users refer others 1 1.00 Eg: Cust satisfaction >=8; viral K factor > 1; Revenue Users Pay / Generate $$$ 2 5.00 Eg. Sale, affiliate revenue

Key takeaways 1. Driving targeted traffic from social media sources is only half the challenge if you’re trying to sell something 2. Define quantitative and qualitative goals & objectives and create campaigns/strategies using these metrics 3. Filter out channels and strategies that don’t get good returns. Repeat.

Measuring Engagement

by Integricity Corporation on Apr 07, 2010

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Measuring Engagement — Presentation Transcript