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17 Social Media Metrics
            For Better ROI
Background
Social Media is new emerging media, with interactive and
connecting characteristic. Many brands already use social
media is a new touch poin for customer.

They are ready to invest more to optimize their social
media asset. And like other investment, the next big thing
is ROI (Return of Investment)

By knowing the various metrics in social media, you can be better in
   measuring your ROI campaign in social media. You can measure
   the correlation between the changes of these metrics to sales
Objective

 To set the metrics for social media campaign

 To make understandable and achieveable goals for Brand and
  Agency

 Make sure every efforts can be monitor, analyze and improve

 Everything should comparable with competitor and industry
Social Media Metrics
Reach

Reach is the maximum number of audience is exposed to our
message.

Illustration:

@ XYZ tweeted a message to its 1000 followers .
The message got retweeted in 2 times by @ ABC (1700
followers) and @ DEF (followers 500).

Then the reach of that message is: 1000 + 1700 + 500 = 3200
Engagement

Engagement is the amount obtained by the interaction of a
message. On Twitter, this interaction may be a reply, retweet,
click to link, favorite. On Facebook, the interaction can be like
and comment.

Illustration:

@ XYZ tweeted a message to 1000 followers.
That message got replied 3 times and 30 times retweeted.

So the engagement is 3 + 30 = 33
Share of Voice
 SoV shows the number of mentions of a brand in social media mentions
 compared to the total industry (brand and competitors)

                                                                                  Share Of Voice

          Brand   Negative     Neutral      Positive      Total
                                                                         # brand mention / # total industry
                                                                                    mention


Brand A                 4906        13705          7125       25736                                  29,32%
Brand B                 3752        10342          5119       19213                                  21,89%
Brand C                 4783        10535          4454       19772                                  22,53%
Brand D                 1047         4822          1449           7318                                8,34%
Brand E                 4584         7243         3905        15732                                  17,92%
Grand Total            19072        46647        22052        87771                                 100,00%
Share of Netizen
SoN displays the number of unique users who have mentioned the brand
in social media as compared with the total unique user industry (brand
and competitors)

                                                          Share of netizen
          Brand            Unique User
                                            # brand unique user / # industry unique user


Brand A                             13705                                          29,38%
Brand B                             10342                                          22,17%
Brand C                             10535                                          22,58%
Brand D                              4822                                          10,34%
Brand E                              7243                                          15,53%
Share of Media
   Share of Media is similar to Share of Voice, the distribution is calculated
   based only on the media. Mapping the brand based on a number of social
   media conversation.


                                           Share of Forum        Share of Twitter     Share of Facebook

     Brand   Forum    Twitter Facebook # brand mention / # # brand mention / # # brand mention / #
                                      total industry mention total industry mention total industry mention



Brand A        4906     13705     7125                25,72%                 29,37%                32,31%
Brand B        3752     10342     5119                19,67%                 22,16%                23,21%
Brand C        4783     10535     4454                25,08%                 22,57%                20,20%
Brand D        1047      4822     1449                 5,49%                 10,33%                 6,57%
Brand E        4584      7243     3905                24,03%                 15,52%                17,71%
Media Distribution
Displays the distribution of media used by the user when the conversation
about the brand and the industry.

The output obtained is spread in accordance with the distribution of social
media conversations. Assist decision making in the conduct media planning
.
                                                                  Media Distribution
          Media   Negative    Neutral     Positive    Total
                                                                 # media - # all media

Twitter                4906      13705         7125     25736                      29,32%
Facebook               3752      10342         5119     19213                      21,89%
Forum                  4783      10535         4454     19772                      22,53%
Youtube                1047        4822        1449       7318                         8,34%
Online News            4584        7243        3905     15732                      17,92%
Share Of Category
Share of Category is similar to Share of Voice, only calculated based on the
distribution in a category. For example in the banking industry, monitoring
can be divided based on deposits, loans, ATM card, credit cards, etc.

Brand can find the strength and weaknesses of competitors in social media in
detail.
                                          Share of ATM      Share of Credit Card   Share of Saving
                     Credit
    Brand    ATM              Saving   # brand mention / # # brand mention / # # brand mention / #
                      Card
                                          total industry      total industry      total industry
                                             mention             mention             mention

Brand A       4906    13705     7125               25,72%                29,37%               32,31%
Brand B       3752    10342     5119               19,67%                22,16%               23,21%
Brand C       4783    10535     4454               25,08%                22,57%               20,20%
Brand D       1047     4822     1449                5,49%                10,33%                6,57%
Brand E       4584     7243     3905               24,03%                15,52%               17,71%
Share Of Influencer
 Measure influencers who are aware of the brand compared to the total
 industry influencers. Influencer is a person who has the authority as well as
 influential and trusted by their environment to talk about the brand and our
 industry.

 The more influencers are talking positively about a brand, the better the
 public's perception of the brand.

                                                               Share of Influencer
           Brand                Influencer
                                                    # brand influencer / # industry influencer


Brand A                                      1370                                           29,38%
Brand B                                      1034                                           22,17%
Brand C                                      1053                                           22,58%
Brand D                                       482                                           10,34%
Brand E                                       724                                           15,53%
Share Of Sentiment
Measure the percentage of positive sentiment, neutral and negative of a brand.
Sentiment can be shared by the media and categories.

Brand can compare its sentiment with the industry average sentiment


           Brand                  Negative        Neutral         Positive



Brand A                                  4906           13705                7125
Brand B                                  3752           10342                5119
Brand C                                  4783           10535                4454
Brand D                                  1047            4822                1449
Brand E                                  4584            7243                3905
Net Sentiment
    Net Sentiment (NS) is the net value of sentiment: the opinions and feelings
    of consumers expressed in social media, to a brand in the world of social
    media. There are 2 (two) way of calculating Net Sentiment (NS), namely:
•   NS 1 = Total positive mention + Total neutral mention - Total negative
    mention
•   NS 2 = Total positive mention - Total negative mention

                                                            NS1                         NS2
      Brand     Negative   Neutral    Positive    # positive + # netral - %
                                                                               # positive - # negative
                                                          negative

Brand A             4906      13705        7125                       15.294                        2219
Brand B             3752      10342        5119                       11.709                        1367
Brand C             4783      10535        4454                       10.206                        -329
Brand D             1047       4822        1449                        5.224                         402
Brand E             4584       7243        3905                         6564                        -679
Sentiment Index
Is the index scoring sentiment of a brand compared with industry sentiment.
Sentiment Index only calculated the positive and negative sentiment.

With the Sentiment Index, a brand can directly find out the public perceptions
in social media in comparison with competitors and industry.

                                                                    Sentiment Index
          Brand      Negative     Neutral     Positive     # positive brand/# positive industry
                                                              - # negative brand/# negative
                                                                         industry

Brand A                    4906       13705         7125                                  0,06
Brand B                    3752       10342         5119                                  0,03
Brand C                    4783       10535         4454                                 -0,05
Brand D                    1047        4822         1449                                  0,01
Brand E                    4584        7243         3905                                 -0,06
Social Influence Measurement Score

Social Influence Marketing (SIM) is an index publish by Razorfish, that
measures the effect of a brand in social media. The formula of Social Influence
Marketing (SIM) is as follows:

SIM SCORE = (% Total positive mention of the brand /% Total mention of the
category) + (% of Total neutral mention of the brand /% Total mention of the
category) - (% Total negative mention of brand /% Total mention of category)

                                                                    RazorFish's SIM Score

          Brand    Negative    Neutral     Positive     Total       Brand's Net Sentiment /
                                                                   Category's Net Sentiment


Brand A                 4906       13705         7125      25736                       32,09%
Brand B                 3752       10342         5119      19213                       23,59%
Brand C                 4783       10535         4454      19772                       20,57%
Brand D                 1047        4822         1449       7318                       10,53%
Brand E                 4584        7243         3905      15732                       13,23%
Net Brand Reputation
 Net Brand Reputation (NBR) is the net value of the brand's reputation in the
 number of social media. This value is approximately equal to the Net Promoter
 Score (NPS). Calculation of Net Brand Reputation (NBR) is as follows:

 NBR =% total positive mention -% Total negative mention
 Calculation of Net Brand Reputation (NBR) aims to simplify the method of
 measurement of consumer loyalty to a brand. With this index, we can focus on
 raising a positive mention (called a "promoter") and reduce the negative
 mentions (called "detractors")
                                                                 Net Brand Reputation
         Brand    Negative    Neutral     Positive    Total
                                                                 % positive - % negative

Brand A                4906       13705        7125      25736                       18,44%
Brand B                3752       10342        5119      19213                       15,41%
Brand C                4783       10535        4454      19772                       -3,56%
Brand D                1047        4822        1449       7318                       16,11%
Brand E                4584        7243        3905      15732                       -8,00%
Grand Total           19072       46647       22052      87771                        7,25%
Brand Favourable Talkability
 Brand Talkable Favourability (BTF) is a measurement of the conversation of a
 brand that is considered positive, neutral and negative. The difference between
 Brand Talkable Favourability (BTF) and Net Brand Reputation (NBR) is that the
 neutral is considered a good mention, because it involved talking about the
 brand. The formula of Brand Talkable Favourability (BTF) is as follows:

 BTF = (% total positive mention +% of Total neutral mention) -% Total negative
 mention
                                                                  Brand Favourable Talkability
         Brand     Negative    Neutral     Positive    Total       % positive + % neutral - %
                                                                            negative

Brand A                 4906       13705        7125      25736                          61,87%
Brand B                 3752       10342        5119      19213                          60,94%
Brand C                 4783       10535        4454      19772                          51,62%
Brand D                 1047        4822        1449       7318                          71,39%
Brand E                 4584        7243        3905      15732                          41,72%
Grand Total            19072       46647       22052      87771                          56,54%
Earned Media Shared By Sentiment

Earned Media Share of Voice by Sentiment (EMSS) concept is the same as Brand Talkable
Favourability (BTF), but measured in the context of a product category. Thus, the denominator is not
limited to one brand only conversation, but conversation of all existing brands in that product
category. The formula of Earned Media Share of Voice by Sentiment (EMSS) is as follows:

EMSS = (% total positive mention of the brand /% total positive mention of the category) = (% of Total
neutral mention of the brand /% of Total neutral mention of the category) - (% Total negative
mention of brand /% Total negative mention of category)

                                                                     Earned Media Share by Sentiment

      Brand        Negative     Neutral    Positive   Total     % total positive mentions in the category + %
                                                               total neutral mentions in the category - % total
                                                                      negative mentions in the category

Brand A                  4906      13705       7125    25736                                            35,97%
Brand B                  3752      10342       5119    19213                                            25,71%
Brand C                  4783      10535       4454    19772                                            17,70%
Brand D                  1047       4822       1449     7318                                            11,42%
Brand E                  4584       7243       3905    15732                                             9,20%
Complaint Visibility
The number of complaint which can be solved compared to the
total number of complaint.

This value can also be compared with the competitors and the
industry, so the brand can find the index of quality social media
customer service to industry
                                                                 Complaint Visibility
                      Response
          Brand                      Total Complaint
                      Complaint
                                                       # response complaint / # total complaint


Brand A                      13705             25736                                     53,25%
Brand B                      10342             19213                                     53,83%
Brand C                      10535             19772                                     53,28%
Brand D                       4822              7318                                     65,89%
Brand E                       7243             15732                                     46,04%
Response Time
Average time taken by the brand to respond to the mention of the
user.

This value can also be compared with the competitors and the
industry, so the brand can find the index of quality social media
customer service to industry.
                                        < 2 Hours                  2-4 Hours                 > 4 Hours
             Response
     Brand               Total                               % positive + % neutral - # brand mention / # total
             Complaint            % positive - % negative
                                                                   % negative             category mention


Brand A         13705     25736                     18,44%                     61,87%                    19,69%
Brand B         10342     19213                     15,41%                     60,94%                    23,65%
Brand C         10535     19772                      3,56%                     51,62%                    44,82%
Brand D          4822      7318                     16,11%                     71,39%                     12,5%
Brand E          7243     15732                      8,00%                     41,72%                    50,28%
17 Social Media Metrics For Better ROI

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17 Social Media Metrics For Better ROI

  • 1. 17 Social Media Metrics For Better ROI
  • 2. Background Social Media is new emerging media, with interactive and connecting characteristic. Many brands already use social media is a new touch poin for customer. They are ready to invest more to optimize their social media asset. And like other investment, the next big thing is ROI (Return of Investment) By knowing the various metrics in social media, you can be better in measuring your ROI campaign in social media. You can measure the correlation between the changes of these metrics to sales
  • 3. Objective  To set the metrics for social media campaign  To make understandable and achieveable goals for Brand and Agency  Make sure every efforts can be monitor, analyze and improve  Everything should comparable with competitor and industry
  • 5. Reach Reach is the maximum number of audience is exposed to our message. Illustration: @ XYZ tweeted a message to its 1000 followers . The message got retweeted in 2 times by @ ABC (1700 followers) and @ DEF (followers 500). Then the reach of that message is: 1000 + 1700 + 500 = 3200
  • 6. Engagement Engagement is the amount obtained by the interaction of a message. On Twitter, this interaction may be a reply, retweet, click to link, favorite. On Facebook, the interaction can be like and comment. Illustration: @ XYZ tweeted a message to 1000 followers. That message got replied 3 times and 30 times retweeted. So the engagement is 3 + 30 = 33
  • 7. Share of Voice SoV shows the number of mentions of a brand in social media mentions compared to the total industry (brand and competitors) Share Of Voice Brand Negative Neutral Positive Total # brand mention / # total industry mention Brand A 4906 13705 7125 25736 29,32% Brand B 3752 10342 5119 19213 21,89% Brand C 4783 10535 4454 19772 22,53% Brand D 1047 4822 1449 7318 8,34% Brand E 4584 7243 3905 15732 17,92% Grand Total 19072 46647 22052 87771 100,00%
  • 8. Share of Netizen SoN displays the number of unique users who have mentioned the brand in social media as compared with the total unique user industry (brand and competitors) Share of netizen Brand Unique User # brand unique user / # industry unique user Brand A 13705 29,38% Brand B 10342 22,17% Brand C 10535 22,58% Brand D 4822 10,34% Brand E 7243 15,53%
  • 9. Share of Media Share of Media is similar to Share of Voice, the distribution is calculated based only on the media. Mapping the brand based on a number of social media conversation. Share of Forum Share of Twitter Share of Facebook Brand Forum Twitter Facebook # brand mention / # # brand mention / # # brand mention / # total industry mention total industry mention total industry mention Brand A 4906 13705 7125 25,72% 29,37% 32,31% Brand B 3752 10342 5119 19,67% 22,16% 23,21% Brand C 4783 10535 4454 25,08% 22,57% 20,20% Brand D 1047 4822 1449 5,49% 10,33% 6,57% Brand E 4584 7243 3905 24,03% 15,52% 17,71%
  • 10. Media Distribution Displays the distribution of media used by the user when the conversation about the brand and the industry. The output obtained is spread in accordance with the distribution of social media conversations. Assist decision making in the conduct media planning . Media Distribution Media Negative Neutral Positive Total # media - # all media Twitter 4906 13705 7125 25736 29,32% Facebook 3752 10342 5119 19213 21,89% Forum 4783 10535 4454 19772 22,53% Youtube 1047 4822 1449 7318 8,34% Online News 4584 7243 3905 15732 17,92%
  • 11. Share Of Category Share of Category is similar to Share of Voice, only calculated based on the distribution in a category. For example in the banking industry, monitoring can be divided based on deposits, loans, ATM card, credit cards, etc. Brand can find the strength and weaknesses of competitors in social media in detail. Share of ATM Share of Credit Card Share of Saving Credit Brand ATM Saving # brand mention / # # brand mention / # # brand mention / # Card total industry total industry total industry mention mention mention Brand A 4906 13705 7125 25,72% 29,37% 32,31% Brand B 3752 10342 5119 19,67% 22,16% 23,21% Brand C 4783 10535 4454 25,08% 22,57% 20,20% Brand D 1047 4822 1449 5,49% 10,33% 6,57% Brand E 4584 7243 3905 24,03% 15,52% 17,71%
  • 12. Share Of Influencer Measure influencers who are aware of the brand compared to the total industry influencers. Influencer is a person who has the authority as well as influential and trusted by their environment to talk about the brand and our industry. The more influencers are talking positively about a brand, the better the public's perception of the brand. Share of Influencer Brand Influencer # brand influencer / # industry influencer Brand A 1370 29,38% Brand B 1034 22,17% Brand C 1053 22,58% Brand D 482 10,34% Brand E 724 15,53%
  • 13. Share Of Sentiment Measure the percentage of positive sentiment, neutral and negative of a brand. Sentiment can be shared by the media and categories. Brand can compare its sentiment with the industry average sentiment Brand Negative Neutral Positive Brand A 4906 13705 7125 Brand B 3752 10342 5119 Brand C 4783 10535 4454 Brand D 1047 4822 1449 Brand E 4584 7243 3905
  • 14. Net Sentiment Net Sentiment (NS) is the net value of sentiment: the opinions and feelings of consumers expressed in social media, to a brand in the world of social media. There are 2 (two) way of calculating Net Sentiment (NS), namely: • NS 1 = Total positive mention + Total neutral mention - Total negative mention • NS 2 = Total positive mention - Total negative mention NS1 NS2 Brand Negative Neutral Positive # positive + # netral - % # positive - # negative negative Brand A 4906 13705 7125 15.294 2219 Brand B 3752 10342 5119 11.709 1367 Brand C 4783 10535 4454 10.206 -329 Brand D 1047 4822 1449 5.224 402 Brand E 4584 7243 3905 6564 -679
  • 15. Sentiment Index Is the index scoring sentiment of a brand compared with industry sentiment. Sentiment Index only calculated the positive and negative sentiment. With the Sentiment Index, a brand can directly find out the public perceptions in social media in comparison with competitors and industry. Sentiment Index Brand Negative Neutral Positive # positive brand/# positive industry - # negative brand/# negative industry Brand A 4906 13705 7125 0,06 Brand B 3752 10342 5119 0,03 Brand C 4783 10535 4454 -0,05 Brand D 1047 4822 1449 0,01 Brand E 4584 7243 3905 -0,06
  • 16. Social Influence Measurement Score Social Influence Marketing (SIM) is an index publish by Razorfish, that measures the effect of a brand in social media. The formula of Social Influence Marketing (SIM) is as follows: SIM SCORE = (% Total positive mention of the brand /% Total mention of the category) + (% of Total neutral mention of the brand /% Total mention of the category) - (% Total negative mention of brand /% Total mention of category) RazorFish's SIM Score Brand Negative Neutral Positive Total Brand's Net Sentiment / Category's Net Sentiment Brand A 4906 13705 7125 25736 32,09% Brand B 3752 10342 5119 19213 23,59% Brand C 4783 10535 4454 19772 20,57% Brand D 1047 4822 1449 7318 10,53% Brand E 4584 7243 3905 15732 13,23%
  • 17. Net Brand Reputation Net Brand Reputation (NBR) is the net value of the brand's reputation in the number of social media. This value is approximately equal to the Net Promoter Score (NPS). Calculation of Net Brand Reputation (NBR) is as follows: NBR =% total positive mention -% Total negative mention Calculation of Net Brand Reputation (NBR) aims to simplify the method of measurement of consumer loyalty to a brand. With this index, we can focus on raising a positive mention (called a "promoter") and reduce the negative mentions (called "detractors") Net Brand Reputation Brand Negative Neutral Positive Total % positive - % negative Brand A 4906 13705 7125 25736 18,44% Brand B 3752 10342 5119 19213 15,41% Brand C 4783 10535 4454 19772 -3,56% Brand D 1047 4822 1449 7318 16,11% Brand E 4584 7243 3905 15732 -8,00% Grand Total 19072 46647 22052 87771 7,25%
  • 18. Brand Favourable Talkability Brand Talkable Favourability (BTF) is a measurement of the conversation of a brand that is considered positive, neutral and negative. The difference between Brand Talkable Favourability (BTF) and Net Brand Reputation (NBR) is that the neutral is considered a good mention, because it involved talking about the brand. The formula of Brand Talkable Favourability (BTF) is as follows: BTF = (% total positive mention +% of Total neutral mention) -% Total negative mention Brand Favourable Talkability Brand Negative Neutral Positive Total % positive + % neutral - % negative Brand A 4906 13705 7125 25736 61,87% Brand B 3752 10342 5119 19213 60,94% Brand C 4783 10535 4454 19772 51,62% Brand D 1047 4822 1449 7318 71,39% Brand E 4584 7243 3905 15732 41,72% Grand Total 19072 46647 22052 87771 56,54%
  • 19. Earned Media Shared By Sentiment Earned Media Share of Voice by Sentiment (EMSS) concept is the same as Brand Talkable Favourability (BTF), but measured in the context of a product category. Thus, the denominator is not limited to one brand only conversation, but conversation of all existing brands in that product category. The formula of Earned Media Share of Voice by Sentiment (EMSS) is as follows: EMSS = (% total positive mention of the brand /% total positive mention of the category) = (% of Total neutral mention of the brand /% of Total neutral mention of the category) - (% Total negative mention of brand /% Total negative mention of category) Earned Media Share by Sentiment Brand Negative Neutral Positive Total % total positive mentions in the category + % total neutral mentions in the category - % total negative mentions in the category Brand A 4906 13705 7125 25736 35,97% Brand B 3752 10342 5119 19213 25,71% Brand C 4783 10535 4454 19772 17,70% Brand D 1047 4822 1449 7318 11,42% Brand E 4584 7243 3905 15732 9,20%
  • 20. Complaint Visibility The number of complaint which can be solved compared to the total number of complaint. This value can also be compared with the competitors and the industry, so the brand can find the index of quality social media customer service to industry Complaint Visibility Response Brand Total Complaint Complaint # response complaint / # total complaint Brand A 13705 25736 53,25% Brand B 10342 19213 53,83% Brand C 10535 19772 53,28% Brand D 4822 7318 65,89% Brand E 7243 15732 46,04%
  • 21. Response Time Average time taken by the brand to respond to the mention of the user. This value can also be compared with the competitors and the industry, so the brand can find the index of quality social media customer service to industry. < 2 Hours 2-4 Hours > 4 Hours Response Brand Total % positive + % neutral - # brand mention / # total Complaint % positive - % negative % negative category mention Brand A 13705 25736 18,44% 61,87% 19,69% Brand B 10342 19213 15,41% 60,94% 23,65% Brand C 10535 19772 3,56% 51,62% 44,82% Brand D 4822 7318 16,11% 71,39% 12,5% Brand E 7243 15732 8,00% 41,72% 50,28%