2. 2
Preview
Interesting facts
Business
What is social media analytics
ROI`s of social media analytics
Social media use case optimization
Transforming social media into business processes
Analytics
Social web data types
Measuring the social web
Social media analytics process
Tools for social media analytics
3. Interesting Facts
1 out of every 8 people on earth are on Facebook
9 out of 10 US internet users are using social network
694,980 status updates in only one minute
250 million photos are uploaded daily
532,080 tweets are producing in a minute
Average number of friends in real life: 150
Average number of friends on Facebook:245
3
4. What is Social Media Analytics
The combination of traditional business data and social
media data to make meaningful business decision
Uses for marketing and customer service activities
It is about to know
• What customers talks about product or service
• What is the new market trend
• How to improve business image and services
Goal: Increase the ROI
4
5. ROI`s of Social Web Analytics
1. Gain a competitive advantage
2. Learn from your customers
3. Enhance your products and services
4. Better target marketing efforts
5. Market innovation
5
7. Transforming Social Media into
Business Processes
Marketing:
• Provide insights into current campaigns and input for future
Sales:
• Develop personalized offers to increase sales
Product Management:
• Develop and evolve products based on social media feedback
Customer Service:
• Respond and resolve customer issues in early stage
HR:
• Understand what prospective employees think about the company
7
8. Social Web Data Types
Quantitative data:
• New likes, page views, number of clicks or tweets,
profile data
Qualitative data:
• User location, language, comments, interaction times
To obtain each social metrics from various
sources for better understanding
But there are many sources
8
9. 9
Measuring The Social Web Apps
There are three concepts:
1.Funnel Analysis
2.Engagement Tracking
3. Visitor Retention
10. 1.Funnel Analysis
Measuring conversation rates
Total number of visitors
Who access to page
Who did a desired action(create a page)
Twitter`s sign up funnel
1. Hit homepage
2. Go to signup page, fill out the form
3. Browse suggested topics
4. Add e-mail friends
5. Search for someone
Ex: Add e-mail friends has huge drop-off (why?)
Finding and improving trouble spots in website
10
11. 2. Engagement Tracking
Measuring what people do
• Page view tracking become less relevant
• Tracking actions become more relevant
For example: Twitter
• How many tweets the average person sends
• What people are searching or following for
Traditional analytics tools are useless
• Sites are more dynamic, impossible to track page view
AJAX loading technologies are using for interactive
webpages
11
12. 3. Visitor Retention
How many people come back?
Best way: Look at group of people from single time period
• A week, A month
• Track the behavior over the time
12
14. Analytics Tools
IBM Social Media Analytics
SAS Social Media Analytics
Google Analytics
Salesforce`s Marketing Cloud
Hootsuite
Crowdbooster
Twazzup (Twitter)
14
15. References
Trefren, T. (Feb 2, 2010). Three new ways to measure the social
web. Retrieved from http://mashable.com/2010/02/02/social-
analytics/
All about social media analytics. (August 23, 2012). Retrieved
from http://retvic.wordpress.com/2012/08/23/all-about-
social-media-analytics/
Fan, W. & Gordon, M. (June, 2014). The power of social media
analytics. Communication of the ACM, 57(6).
IBM(2013). Social business analytics. Retrieved from http:/
/www-01.ibm.com/common/ssi/cgi-bin/ssialias?
infotype=SA&subtype=WH&htmlfid=YTW03279USEN
Nanji, A. (March 13, 2014). Retrieveing from http://
www.marketingprofs.com/charts/2014/24643/why-marketers-use-
social-media-analytics-tools
15