MEASURING SOCIAL MEDIA
    e
2          Why Measure?


Measuring helps you adjust your
social media efforts to :
•  achieve more efficient
   communication
•  identify your audience
•  monitor the progress and adjust
   the strategy if needed
•  know when, how, and how often
   to engage with the audience.




                                               Viral Cast, 2012


                                     Title page photo credit: Simon A. Eugster




                                               @SomaziWW
3                      Goals and Objectives

                                                                              SMART Objectives
Measuring KPIs depends on what a
user want to accomplish. Common
goals are:                                                                            Results
- Building brand awareness                                                          Tangible: money,
                                                                                   time, conversions
- Increasing sales
- Increase traffic to you website
- Becoming a resource/authority                                                       Tactical
- Reputation management                                                              Specific to a
                                                             1. How many?         channel, platform or         5. Reflect
                                                                                         tool
Goals should then be supported by
*SMART objectives - examples:
                                                                                      Capacity
•  “Increase traffic from social
   media channels to your website                                                   People, content,
   by 20% within six months”.                                                     learning, work flow
•  “Build brand awareness by       2. By when?                                                           4. Measure with metrics
   increasing conversations around
   your products or services by
   30% in a year.”                                                          3. Benchmark
*SMART = Specific, Measurable, Attainable, Realistic and Time-sensitive


                                                                                                             @SomaziWW
4              What are Social Media Key Performance
               Indicators?

•    Key Performance Indicators (KPIs) are
     the aspects of your social media activity
     you choose to measure the progress in
                                                                 Define
     achieving objectives.
•    Common KPIs include:
     •  Reach – the size of the direct network
        exposed to your posts – usually a
        number of friends or followers.
                                                                                  Analyse
     •  Engagement – measuring interactions      Review         Key
        such as likes, retweets, and +1s.                   Performance
        Knowing which posts generate
        response will help you target content                Indicators
        to your audience.
     •  Sentiment – a ratio between positive,
        neutral, negative conversations. There
        is no one accepted formula for
        calculating sentiment, one can use           Implement            Solve
        tools such as Social Mention or the
        expertise of your analyst team.

       -                                                                     @SomaziWW
5              Metrics

Metrics are the primary elements of a strategy.
Sometimes measuring a KPI will require using different metrics for different channels. For instance – to
measure reach on Twitter, one will use the number of followers, to measure the same on Facebook – the
number of friends.
The table below is an example of the metrics for specific KPI, for two different platforms: Facebook and
Twitter.

                                 KEY PERFORMANCE INDICATORS
                 Brand Awareness    Brand Engagement            Voice Strength         Conversion rate

                                                           Awareness/Competitors’
                                                                awareness
                    Number of       Number of retweets                               Visits to the website
     Twitter
                     followers         and replies                                        from Twitter
                                                           Engagement/Competitors’
                                                                engagement

                                                           Awareness/Competitors’
                                                                awareness
                                        Number of
                                                                                     Visits to the website
    Facebook      Number of likes    comments, shares
                                                           Engagement/Competitors’     from Facebook
                                     and likes of posts.
                                                                engagement



                                                                                          @SomaziWW
6             Measuring Influence

Influence is a metric which
focuses on measuring the
ability to impact others
online. The tools on the
right aim to measure
influence based on ability
to drive action on social
networks.




                                     Frogloop -nonprofits’ marketing blog, 2012


                                                          @SomaziWW
7   Free Tools




                 @SomaziWW
8                 THE SOMAZI EFFECT

                                                      Authors



This presentation is a part of the SoMazi Social   Ewa
Media Resources series. For more presentations,    @Ewajoan
reports and learning materials, go to
http://www.somazi.com/resources/ .



SoMazi has offices in London, New York, Bergamo
and Geneva. We’d love to hear from you.            Marlies
                                                   @MsSpijker
E-mail: contactus@somazi.com
Facebook: https://www.facebook.com/SomaziWW
Twitter: https://www.twitter.com/SomaziWW
Pinterest: http://pinterest.com/Somazi
                                                   Clementina
                                                   @CGZatSomazi

Social Media Measuring

  • 1.
  • 2.
    2 Why Measure? Measuring helps you adjust your social media efforts to : •  achieve more efficient communication •  identify your audience •  monitor the progress and adjust the strategy if needed •  know when, how, and how often to engage with the audience. Viral Cast, 2012 Title page photo credit: Simon A. Eugster @SomaziWW
  • 3.
    3 Goals and Objectives SMART Objectives Measuring KPIs depends on what a user want to accomplish. Common goals are: Results - Building brand awareness Tangible: money, time, conversions - Increasing sales - Increase traffic to you website - Becoming a resource/authority Tactical - Reputation management Specific to a 1. How many? channel, platform or 5. Reflect tool Goals should then be supported by *SMART objectives - examples: Capacity •  “Increase traffic from social media channels to your website People, content, by 20% within six months”. learning, work flow •  “Build brand awareness by 2. By when? 4. Measure with metrics increasing conversations around your products or services by 30% in a year.” 3. Benchmark *SMART = Specific, Measurable, Attainable, Realistic and Time-sensitive @SomaziWW
  • 4.
    4 What are Social Media Key Performance Indicators? •  Key Performance Indicators (KPIs) are the aspects of your social media activity you choose to measure the progress in Define achieving objectives. •  Common KPIs include: •  Reach – the size of the direct network exposed to your posts – usually a number of friends or followers. Analyse •  Engagement – measuring interactions Review Key such as likes, retweets, and +1s. Performance Knowing which posts generate response will help you target content Indicators to your audience. •  Sentiment – a ratio between positive, neutral, negative conversations. There is no one accepted formula for calculating sentiment, one can use Implement Solve tools such as Social Mention or the expertise of your analyst team. - @SomaziWW
  • 5.
    5 Metrics Metrics are the primary elements of a strategy. Sometimes measuring a KPI will require using different metrics for different channels. For instance – to measure reach on Twitter, one will use the number of followers, to measure the same on Facebook – the number of friends. The table below is an example of the metrics for specific KPI, for two different platforms: Facebook and Twitter. KEY PERFORMANCE INDICATORS Brand Awareness Brand Engagement Voice Strength Conversion rate Awareness/Competitors’ awareness Number of Number of retweets Visits to the website Twitter followers and replies from Twitter Engagement/Competitors’ engagement Awareness/Competitors’ awareness Number of Visits to the website Facebook Number of likes comments, shares Engagement/Competitors’ from Facebook and likes of posts. engagement @SomaziWW
  • 6.
    6 Measuring Influence Influence is a metric which focuses on measuring the ability to impact others online. The tools on the right aim to measure influence based on ability to drive action on social networks. Frogloop -nonprofits’ marketing blog, 2012 @SomaziWW
  • 7.
    7 Free Tools @SomaziWW
  • 8.
    8 THE SOMAZI EFFECT Authors This presentation is a part of the SoMazi Social Ewa Media Resources series. For more presentations, @Ewajoan reports and learning materials, go to http://www.somazi.com/resources/ . SoMazi has offices in London, New York, Bergamo and Geneva. We’d love to hear from you. Marlies @MsSpijker E-mail: contactus@somazi.com Facebook: https://www.facebook.com/SomaziWW Twitter: https://www.twitter.com/SomaziWW Pinterest: http://pinterest.com/Somazi Clementina @CGZatSomazi