Measuring Engagement of Social Media websites in the Web 2.0 world

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    Measuring Engagement of Social Media websites in the Web 2.0 world - Presentation Transcript

    1. Measuring Engagement of Social Media websites in a Web 2.0 world Peter O’Neill Freelance Web Analytics Consultant www.aussiewebanalyst.com
    2. The buzzwords
      • Social Media
        • the topic of this un-conference
      • Web 2.0
        • content created for the internet
      • Measuring
        • need to measure something in order to understand how it is performing
      • Engagement
        • is one of the ‘hot’ buzzwords in web analytics
        • but what does it really mean?
      Peter O’Neill www.aussiewebanalyst.com
    3. What does engagement really mean?
      • The level to which one is engaged with a website
      • Is generally measured based on interactions with website
      • Engagement => Interest
      • Interest => Satisfaction
      • Satisfaction => Loyalty/Word of Mouth
      Peter O’Neill www.aussiewebanalyst.com
    4. So what does engagement really mean?
      • Engagement is actually based on an old concept, the idea of loyal customers being good customers
      • Is a metric or group of metrics used to approximate satisfaction/loyalty
      • Therefore the likelihood to return and to promote the website to others
      • Engagement is an approximation of success or likelihood to succeed
      Peter O’Neill www.aussiewebanalyst.com
    5. What are website interactions?
      • Viewed pages
      • Returned
      • Made a purchase
      • Submitted a form
      • Downloaded a file
      Peter O’Neill www.aussiewebanalyst.com
      • Viewed a video
      • Duration on site
      • Viewed specific pages
      • Used on-site search
      • Registered
      • Wrote a post
      • Gave a rating
      • Uploaded content – videos, photos
      • Subscribed to updates
      • Chatted online
      • Wrote on a wall
      • Left a comment
      • Shared content with a friend
      • Added a friend
      • Participated in a poll
      • Personalised page
      • Poked someone
      • Threw a sheep at someone
    6. Which interactions are important
      • It depends on the objectives for the website
      • It is going to be different for different types of social media
      • Blogs
      • Social networks
      • Online Community
      • Online Media
      Peter O’Neill www.aussiewebanalyst.com
    7. Which interactions are important?
      • STA Travel – Online Community
        • ‘ Inspire Me’
        • (to spend more on travel through STA)
        • Actions most likely to lead to a purchase
          • Downloaded tools
          • subscribe to newsletter
          • read travel tips
        • Engagement (and conversion rate) per site feature
      Peter O’Neill www.aussiewebanalyst.com
    8. Which interactions are important?
      • Bebo – The Gap Year
        • "The brand new daily reality show, from the makers of Big Brother"
        • Revenue through sponsorship
          • Canon, Tourism Australia, Jetstar NZ, STA Travel, PSP, Doritos, Az Jeans, Herbal Essences, RAF, Acuvue, Colgate Max White
          • Product placement, competitions, links
        • Popularity of site/show vs ROI for sponsors
      Peter O’Neill www.aussiewebanalyst.com
    9. How to measure Engagement? Peter O’Neill www.aussiewebanalyst.com
      • Current animated discussion in the Web Analytics world
      • One metric or many?
      • Which metrics?
      • How to capture the data?
      • How to report the data?
      • How to use the data?
      Eric Peterson engagement metric http://blog.webanalyticsdemystified.com/weblog/2007/10/how-to-measure-visitor-engagement-redux.html
    10. What are the steps to follow
      • Define your business objectives
      • Define which actions on site can lead to achieving these objectives
      • Ensure these actions are tagged
      • Track performance of actions over time
      • Track correlation between product features/traffic sources and engagement levels
      • I think multiple metrics, not a single unified metric... I think...
      Peter O’Neill www.aussiewebanalyst.com
    11. Summary
      • Engagement is important in trying to understand the performance of any website
      • Will be more complicated for social media websites as they contain more ways to interact
      • Is going to become more important in justifying expenditure (ROI/accountability)
      • Define, measure, interpret and use engagement metrics to make informed decisions
      Peter O’Neill www.aussiewebanalyst.com

    + Peter O'NeillPeter O'Neill, 2 years ago

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