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Galvea roi of social media 1

  • 2.  

 Measure
  • 6.  

 strategy
  • 8.  

ROI Identifying the consumer audience – 84.2% of all Irish internet users use social Define and identifying the target audience. media. The major steps in developing a Defining the brand image – Determine successful social marketing measurement and how influencers, individuals and consumers may ROI plan depend on the type of company, the derive value from the brand. current measurement environment and the Identifying competitors – The target level of investment available. Investment in audience in the social media space has a metrics – and an infrastructure and culture to different competitive set to those in physical use these metrics in making better strategic shop. For example, in the online space and tactical marketing decisions – has a clear individuals may spend their time on online pay off. games, viral videos etc. This is a different to the Here are eight steps to help you master your traditional shop setting where the marketer is data to gain an unfair advantage over offline competing for purchases against competitors in community builders: the same category. Competitive set is thus far wider in the online space. Develop
  • 13.  

goals Developing and communicating the Setting corporate goals and objectives – value proposition to the consumer and the Short and long term. GALVEA KELLY’S career narrative has individual audience – Marketers must make Listening and market research – Use that been defined as unconventional having sure that their offer to their targeted influencer information to build and refine a social media started her career as a commercial lender is competitive and valuable. For example, Klout. marketing strategy. before channelling her creativity into the com is a measurement of your overall online Goal setting in social marketing – Top world of social media marketing. influence. The scores range from 1–100 with level goals can include building a brand, driving Having qualified in Business and Law higher scores representing a wider and stronger acquisition or retention or about reducing from UCD, she obtained a masters in sphere of influence. negative word of mouth. international business from the Smurfit Aligning the appropriate media channel Developing metrics and measurement School of Business. She went on to to the audience – Different tools are required objectives – There are five levels: ‘Activity become a qualified financial adviser while in the social media space. For example, B2B trackers’ – implement a framework of data simultaneously acquiring a diploma in decision makers may be more likely to be found collection; ‘Campaign measures’ – use the digital marketing and advertising while in the discussion groups in LinkedIn, while music available data to measure the effectiveness working full time. lovers may be found on YouTube. of each campaign; ’Mix modelers’ – measure She believes we are living in an age of Identifying the influencer audience – across the entire marketing mix to determine transparency where conventional thinking Leverage influencers within the community which marketing channel is most or least is not enough. Her desk is a towering who will forward your message and also add effective; ’Consumer analysers’– apply all landscape of social media case studies, credibility. Klout.com is a good way to determine consumer tracking and marketing data across magazines, digital books and her latest the influencers in your social media networks the category to deliver optimal results for gadget - an IPAD2. She is always finding (Twitter, Facebook, LinkedIn). For example, IBM the short and long term and finally ‘Brand solutions to improve creative processes measures four categories in all social media – Optimisers’ – look at the ROMI by brand to which challenge and elevate the work Influence, Action, Reach and Preference. make informed strategic decisions. around her. You can implement some or all of the As a consultant, her clients have Developing
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 above methods to determine the effectiveness included Unilever, Toni and Guy, Electric message
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 of each media channel, social media or social Picnic, Berlin Festival, Kinetica Sports, media compared with traditional media in order Prosperity, IRFU Charitable Trust and The campaign message must support the to apportion marketing budget and increase The Umbrella Foundation. marketing plan in meeting overall corporate revenue. objectives. 24 AAI ADVERTISER’S TOOLKIT
  • 21. Production or experimental – After the social media strategy is set, your business may now be fully ready to invest heavily in social media. You may wish to run experimental campaigns in order to ascertain how your social media channels can be fully utilised to support your brand. This will quickly highlight successes or failures in social media strategies. Call to action – This is a key component of your social media campaign. It should be integrated either explicitly via an offer or implicitly through a link. Budget – Any campaign should have some level of expected investment. This can include external agency fees, the cost of impressions purchased or the internal costs of personnel assigned to the project. Sustaining or short term – For long–term sustaining campaigns, dedicated resources need to be identified to maintain the social media activity. Risk mitigation – Choosing a channel for traditional media has little risk associated with it, as opposed to social media. Marketers need to develop a contingency plan to deal with potential negativity. metrics If you don’t have any prior social marketing experience with your brand, understanding how similar brands and similar campaigns >> Listening – Once the target market has not deserve it but going above and beyond been identified – LISTEN! for one customer can touch far more potential Developing message content – Devise customers and drastically improve your brands conversation calendars. perception. It’s about using the situation to Designing and monitoring the create a customer–orientated stigma for your conversation – Be ready to step into brand. After you’ve immediately addressed and conversation and nudge it back on track. If remedied the situation with your customers, one of your customers is going to go to such follow–up. great lengths to give you negative feedback, Segmenting the message and BRAND NUA: We’re a new kind you have the power to turn the very same conversation – Messages in social media of agency that combines an innate authors into brand advocates. If one of your can be used to target particular groups or understanding of social media marketing customers is going to such lengths to give you geographies. with digital technology skills. We combine negative feedback, there’s clearly a great deal creativity, technology and strategy in of emotion in the experience. Anyone that has engaging brands and their audiences. We a negative emotion can have an equal amount specialise in interactive creative, offering of positive emotion with some careful online Once the campaign content and target our clients a vast range of services to help communication strategies. audiences have been specified, the campaign bring brands and ideas to life. Turning negative feedback into a must be tactically executed. We’re living in an age of transparency, positive – The foundation of any culture Integrated or stand–alone – Not conventional thinking is not enough. The of listening and in turn action – is caring. integrating activities with the traditional walls between a company’s actions and Take great interest in what your customers marketing media has its advantages and branding have come down. We must be are saying, and demonstrate that interest disadvantages. It allows social marketing willing to create unique, engaging brand publicly. Actively soliciting feedback from your campaigns to be easily started without having experiences. Brand Nua is armed with customers carries the sense you are constantly to wade through organisational issues. the knowledge, resources and creativity striving to improve. You should respond in real However, the disadvantage is that social needed to build and protect brands in this time as your customers are infinitely connected. marketing campaigns can’t reap the benefits of ever-changing media landscape. Your response time as a business is a direct having an integrated into the overall marketing Combining social media with digital indicator of how much you value your customer effort and synergies are lost. Simply not putting technology and marketing skills, we take feedback. You should also offer to make it a reference to Twitter or Facebook icon in an unconventional approach to create better, even if your brand is not at fault. In traditional media is impeding the awareness of great results. many of these situations the customer does your social media asset. AAI ADVERTISER’S TOOLKIT 25