Leveraging Analytics for
      Social Media ROI




 Presentation for PAS – Dec 18, 2012

Babar Bhatti • babar@mutualmind.com
About Me

• Focus on Social media analytics and data mining
• Background in E-business, Web 2.0, Analytics and Internet Technologies
• Co-founded MutualMind in 2009 - Angel-funded startup in Dallas




     MutualMind is a social media listening, analytics and
     engagement platform with an exclusive focus on OEM
           partners and agency/service providers.

                                                                           2
Today’s Discussion




                 3
Primer on ROI

• Return on Investment – a financial measure
• Why all the confusion?
• Key trends in digital marketing are driving the need for
  better measurement of ROI (and accountability!)
    Age of the Customer
    Paid, Owned and Earned media
    Too much data and noise, non-standard approaches /
     lack of standards, attribution gaps and stand-alone
     products




                                                             4
The ROI Infographic




                  5
Framework: ROI Pyramid




                     6
Framework: Balanced Scorecard




                            7
McKinsey Framework




                 8
ROI Measurement


Social can deliver value for a variety of business purposes
     Marketing Campaigns
     Brand Awareness and Word of Mouth
     Competitive Intelligence
     Customer Intelligence
     Monitor Reputation (Early Warning System)
     Product Feedback (Voice of consumer)
     Market Research
     Customer Service
     Sales (Lead Generation)

POST: People, Objective, Strategy, Technology.



                                                              9
Metrics for Social Marketing


Metrics that Matter
    Listening
          Volume / Sources
          Share of Voice
          Topics
          Sentiments
    Reach and Influence
          Audience segmentation
          Reach / impressions
    Engagement
          Reactions – Likes, shares
          Content marketing
    Sales Impact


                                                            10
Shopper Marketing


                                 Touch Point   Monitor           Social CRM           Amplify             Lead

                                 Consider
                                               Insights
Shopper Lifecycle Intelligence




                                               • SOV          Interactions
                                 Evaluate      • Sentiments   •Responses
                                               • Trends       •Engagement         Word-of-Mouth
                                                              •Customer Service   •Authentic Reach
                                 Buy                                              •Authentic Influence
                                                                                  •Resonance
                                                                                                    Change in:
                                 Experience                                                         • Brand awareness and
                                                                                                      sentiment
                                                                                                    • Consumer behavior
                                                                                                    • Business outcome
                                 Advocate


                                 Bond


                                    Digital and In-store Social Intelligence for Brands & Retailers


                                                                                                                            11
Insights Dashboard




                 12
Sentiments & Reach


Sentiments and Brand Reach




                              13
Competitive Intelligence


MONITORING RESULTS FOR BRAND VS COMPETITION
                                              FACEBOOK PERFORMANCE COMPARISON




                                                                                14
ROI Calculator Example

Configurable, self-service online calculator




                                                              15
ROI Calculator Example




                     16
Additional Resources



• A list of key resources is included on the
  next slide

• For additional case studies, resources and
  questions, please connect with me:
    babar@mutualmind.com
    @thebabar
    www.linkedin.com/in/bbhatti



                                                  17
Selected References

1.  McKinsey & Company – Demystifying Social Media - 2012
2.  IBM Social Analytics – The Science Behind Social Media Marketing -
    2010
3. Altimeter Group – Social Media ROI Cookbook - 2012
4. Forrester Research – The ROI of Social Media Marketing - 2010
5. Forrester 2012 – The ROI of Social Marketing
6. Sloan Management Review – Increasing the ROI of Social Media
    Marketing – Fall 2012
7. Sloan Management Review – Can You Measure the ROI of Your Social
    Media Marketing? – Fall 2010
8. IBM Institute for Business Value Executive Report: Analytics, the New
    Path to Value – October 2010
9. MutualMind Blog (White paper, Infographic)
10. John Lovett - Social Media Metrics Secrets - John Wiley and Sons -
    2012
11. Olivier Blanchard – Social Media ROI – John Wiley and Sons - 2011
                                                                           18

ROI-presentation-PAS

  • 1.
    Leveraging Analytics for Social Media ROI Presentation for PAS – Dec 18, 2012 Babar Bhatti • babar@mutualmind.com
  • 2.
    About Me • Focuson Social media analytics and data mining • Background in E-business, Web 2.0, Analytics and Internet Technologies • Co-founded MutualMind in 2009 - Angel-funded startup in Dallas MutualMind is a social media listening, analytics and engagement platform with an exclusive focus on OEM partners and agency/service providers. 2
  • 3.
  • 4.
    Primer on ROI •Return on Investment – a financial measure • Why all the confusion? • Key trends in digital marketing are driving the need for better measurement of ROI (and accountability!)  Age of the Customer  Paid, Owned and Earned media  Too much data and noise, non-standard approaches / lack of standards, attribution gaps and stand-alone products 4
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
    ROI Measurement Social candeliver value for a variety of business purposes  Marketing Campaigns  Brand Awareness and Word of Mouth  Competitive Intelligence  Customer Intelligence  Monitor Reputation (Early Warning System)  Product Feedback (Voice of consumer)  Market Research  Customer Service  Sales (Lead Generation) POST: People, Objective, Strategy, Technology. 9
  • 10.
    Metrics for SocialMarketing Metrics that Matter  Listening  Volume / Sources  Share of Voice  Topics  Sentiments  Reach and Influence  Audience segmentation  Reach / impressions  Engagement  Reactions – Likes, shares  Content marketing  Sales Impact 10
  • 11.
    Shopper Marketing Touch Point Monitor Social CRM Amplify Lead Consider Insights Shopper Lifecycle Intelligence • SOV Interactions Evaluate • Sentiments •Responses • Trends •Engagement Word-of-Mouth •Customer Service •Authentic Reach Buy •Authentic Influence •Resonance Change in: Experience • Brand awareness and sentiment • Consumer behavior • Business outcome Advocate Bond Digital and In-store Social Intelligence for Brands & Retailers 11
  • 12.
  • 13.
  • 14.
    Competitive Intelligence MONITORING RESULTSFOR BRAND VS COMPETITION FACEBOOK PERFORMANCE COMPARISON 14
  • 15.
    ROI Calculator Example Configurable,self-service online calculator 15
  • 16.
  • 17.
    Additional Resources • Alist of key resources is included on the next slide • For additional case studies, resources and questions, please connect with me:  babar@mutualmind.com  @thebabar  www.linkedin.com/in/bbhatti 17
  • 18.
    Selected References 1. McKinsey & Company – Demystifying Social Media - 2012 2. IBM Social Analytics – The Science Behind Social Media Marketing - 2010 3. Altimeter Group – Social Media ROI Cookbook - 2012 4. Forrester Research – The ROI of Social Media Marketing - 2010 5. Forrester 2012 – The ROI of Social Marketing 6. Sloan Management Review – Increasing the ROI of Social Media Marketing – Fall 2012 7. Sloan Management Review – Can You Measure the ROI of Your Social Media Marketing? – Fall 2010 8. IBM Institute for Business Value Executive Report: Analytics, the New Path to Value – October 2010 9. MutualMind Blog (White paper, Infographic) 10. John Lovett - Social Media Metrics Secrets - John Wiley and Sons - 2012 11. Olivier Blanchard – Social Media ROI – John Wiley and Sons - 2011 18

Editor's Notes

  • #3 Serving over 60 brands, majority of them are Fortune 500 multinational corporations
  • #4 White paper which provides details on various details
  • #5 ROI is not the same as “any kind of results” – should not use the term without enough context and explanation
  • #6 Summarizes the concepts presented in the white paper
  • #7 Summarizes the concepts presented in the white paper
  • #8 Summarizes the concepts presented in the white paper
  • #9 Path to Purchase
  • #10 Case Studies available
  • #11 Are you using quantifiable metrics as much as possible?
  • #16 You decide which metrics matter.
  • #19 Selected references are listed below