SlideShare a Scribd company logo
The Bottom Line
Creating & Defining Value in Social
#SFsummit 2
Meet the Panelists
Catherine
Chan-Smith
Sr. Producer
NFL Network
@catchansmith
Julie Goodwyn
Sr. Digital Activation Manager
The Coca-Cola Company
@theshortskirt
Brooke Hovey
EVP, Strategy & Development
Cohn & Wolfe
@brookehovey
Chris Kerns
VP of Analytics & Research
Spredfast
@chriskerns
#SFsummit
Introduction to
the Value of Social
3
Chris Kerns
#SFsummit
#SFsummit 5
#SFsummit
It’s complicated.
And complicated
is different
than impossible.
#SFsummit 7
Find Your Social Core
MonetizeSet GoalsAlign Priorities
#SFsummit
My Coke Rewards
8
Transactional to Social
Julie Goodwyn
#SFsummit 9
My Coke Rewards
7 million
monthly visits
13 billion annual
impressions
20% volume lift across
15 brands
10 billion in-market
packages annually
#1 U.S. CPG Loyalty Program
10,000 rewards
redeemed daily
40,200 schools registered
1 million monthly
mobile visits
17 million members
22.8 million lifetime members
4.5 million 12-month engaged
330+ partners
activated in the program
Men
Age 25-49
4.2M (25%)
Women
Age 25-49
5.2M (31%)
Teens/Youth
Age 13-24
2.5M (15%)
Mature Adults
Age 50+
4.9M (29%)
280 million email
Impressions annually
Millennials
Age 19-34
6.3M (37%)
Multi-cultural
Age 19-34
1.2M (7%)
1 in 6 U.S. households
22 million social impressions
annually 872K linked accounts
#SFsummit 10
Transactional + Engagement System
#SFsummit 11
Transactional + Engagement System
#SFsummit
#AHHZoneContest Case Study
Develop a program based on a passion point
utilizing existing assets bringing cool, exclusive
experiences to millennials.
12
GOAL:
#SFsummit
#AHHZoneContest Case Study
Through a LiveNation
partnership, Coca-Cola
had “AHHZones” at
select Summer concerts.
13
 TARGET: Millennials
 PASSION POINT: Music
 ASSET: Live Nation
 EXPERIENCE: AHHZone
#SFsummit 14
Transactional + Engagement System
#SFsummit
#AHHZoneContest Case Study
• Highest millennial
engagement on any
program at that point:
– 13% of consumers who
tweeted were under 25
– 47% under 35 years old
• 150% - 200%
improvement over
typical teen & millennial
participation compared
to similar social
promotions.
15
RESULT
#SFsummit
@nflnetwork
Social Media Integration
16
Catherine Chan-Smith
#SFsummit
Value of Social Integration to
@nflnetwork
• Content Driver
• Engagement
• Tune In
– We want eyeballs
17
#SFsummit
• Data curated from
Spredfast
• Graphics created
by NFLN Graphics
Artists
• Social content for
platform shows
18
Content Driver
#SFsummit
• Data curated from
Spredfast
• Graphics created
by NFLN Graphics
Artists
• Social content for
platform shows
19
Content Driver
#SFsummit
• Social Dashboard
• Menu of curated content to
guide show content
• Talent & fan engagement
20
Content Driver / Engagement
#SFsummit
• Polling/Voting Visualizations
• Results pulled from Spredfast
• Animated graphics templates
designed by NFLN
21
Content Driver / Engagement
#SFsummit 22
TUNE IN
#SFsummit
The Bottom Line about the
 Bottom Line
23
Brooke Hovey
Cohn & Wolfe
#SFsummit 24
Will THIS be the Conference Talk on Measurement
that Ends All Conference Talks on Measurement?
#SFsummit
#SFsummit 26
It’s a Process that Requires Communication,
Clarity, Collaboration & Creativity
Establish Key
Performance Indicators
OUTPUTS
• Impressions
• Message Penetration
• Sentiment
• Share of Voice
• Social Channel
Engagement
• Website Traffic
• Coupon Redemption
Define
Process &
Inputs
• Internal Data
• Multiple Agency
Partners
• Best-in-Class
Analytics Tools
• Process &
Cadence for
Analysis
Benchmark
• Current/Recent
Performance
Against Key
Success Metrics
• Ongoing and
Campaign-Specific
• Internal and
Competitive
Launch
Campaign
Measure
Quantify
Impact
OUTCOMES
• Brand Strength
(Awareness,
Perception,
Reputation)
• Net Promoter
Score
• Sales
• Market Share
• Marketing ROI
OPTIMIZE
#SFsummitHolistic View of KPIs
• Awareness
• Perception
• Reputation
• Engagement
Top of the funnel:
Bottom of the funnel:
• Conversions
• Lifetime Value
#SFsummitHolistic View of KPIs
• Visits
• Unique Visitors
• Page Views
• Time on Site
OWNED
• Cost per Impression
• Cost per Click
• Cost per Lead/Acquisition
• Click-Thru Rate
PAID
EARNED
SHARED
• Volume of Online Conversations
• Reach of Online Conversations
• Sentiment of Online Conversations
• Share of Voice Online
• Subject Matter of Online
• Conversations
• Social Connections (e.g.
Facebook fans, Twitter
followers)
• Social Engagement (e.g. blog
comments, Facebook
interactions)
360
Strategy
#SFsummit 29Constant Quest of Today’s Marketer
Revenue Attribution
#SFsummit 30
Revenue Attribution Strategies
• Online Conversions of Traffic from Social Media Sources
• Offline Conversions Driven by Social Media Initiatives
(e.g., Redemption of Offers In-Store)
• Other Creative Approaches
o Reduction in Support Center Calls
o Recovery of a Dissatisfied Customer
o Operational Efficiencies through
Social Communication Technologies
• Marketing Mix Analysis
#SFsummit 31
The Bottom Line re: the Bottom Line
• There’s no silver bullet; effective measurement takes planning
• Measurement takes time and money, so align on the percentage of the
budget that should fund it, relative to the program itself
• There’s value in “top of funnel” impact; not every program can be directly,
precisely linked to a sale … And that’s OK!
• Keep working toward better goal-setting and measurement, but don’t let
inability to measure everything keep you from doing anything
Q&A Time
Brooke Hovey
Cohn & Wolfe
@brookehovey
Catherine Chan-Smith
NFL Network
@catchansmith
Julie Goodwyn
The Coca-Cola Company
@theshortskirt

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The Bottom Line: Creating and Defining Value in Social

  • 1. The Bottom Line Creating & Defining Value in Social
  • 2. #SFsummit 2 Meet the Panelists Catherine Chan-Smith Sr. Producer NFL Network @catchansmith Julie Goodwyn Sr. Digital Activation Manager The Coca-Cola Company @theshortskirt Brooke Hovey EVP, Strategy & Development Cohn & Wolfe @brookehovey Chris Kerns VP of Analytics & Research Spredfast @chriskerns
  • 3. #SFsummit Introduction to the Value of Social 3 Chris Kerns
  • 7. #SFsummit 7 Find Your Social Core MonetizeSet GoalsAlign Priorities
  • 9. #SFsummit 9 My Coke Rewards 7 million monthly visits 13 billion annual impressions 20% volume lift across 15 brands 10 billion in-market packages annually #1 U.S. CPG Loyalty Program 10,000 rewards redeemed daily 40,200 schools registered 1 million monthly mobile visits 17 million members 22.8 million lifetime members 4.5 million 12-month engaged 330+ partners activated in the program Men Age 25-49 4.2M (25%) Women Age 25-49 5.2M (31%) Teens/Youth Age 13-24 2.5M (15%) Mature Adults Age 50+ 4.9M (29%) 280 million email Impressions annually Millennials Age 19-34 6.3M (37%) Multi-cultural Age 19-34 1.2M (7%) 1 in 6 U.S. households 22 million social impressions annually 872K linked accounts
  • 10. #SFsummit 10 Transactional + Engagement System
  • 11. #SFsummit 11 Transactional + Engagement System
  • 12. #SFsummit #AHHZoneContest Case Study Develop a program based on a passion point utilizing existing assets bringing cool, exclusive experiences to millennials. 12 GOAL:
  • 13. #SFsummit #AHHZoneContest Case Study Through a LiveNation partnership, Coca-Cola had “AHHZones” at select Summer concerts. 13  TARGET: Millennials  PASSION POINT: Music  ASSET: Live Nation  EXPERIENCE: AHHZone
  • 14. #SFsummit 14 Transactional + Engagement System
  • 15. #SFsummit #AHHZoneContest Case Study • Highest millennial engagement on any program at that point: – 13% of consumers who tweeted were under 25 – 47% under 35 years old • 150% - 200% improvement over typical teen & millennial participation compared to similar social promotions. 15 RESULT
  • 17. #SFsummit Value of Social Integration to @nflnetwork • Content Driver • Engagement • Tune In – We want eyeballs 17
  • 18. #SFsummit • Data curated from Spredfast • Graphics created by NFLN Graphics Artists • Social content for platform shows 18 Content Driver
  • 19. #SFsummit • Data curated from Spredfast • Graphics created by NFLN Graphics Artists • Social content for platform shows 19 Content Driver
  • 20. #SFsummit • Social Dashboard • Menu of curated content to guide show content • Talent & fan engagement 20 Content Driver / Engagement
  • 21. #SFsummit • Polling/Voting Visualizations • Results pulled from Spredfast • Animated graphics templates designed by NFLN 21 Content Driver / Engagement
  • 24. #SFsummit 24 Will THIS be the Conference Talk on Measurement that Ends All Conference Talks on Measurement?
  • 26. #SFsummit 26 It’s a Process that Requires Communication, Clarity, Collaboration & Creativity Establish Key Performance Indicators OUTPUTS • Impressions • Message Penetration • Sentiment • Share of Voice • Social Channel Engagement • Website Traffic • Coupon Redemption Define Process & Inputs • Internal Data • Multiple Agency Partners • Best-in-Class Analytics Tools • Process & Cadence for Analysis Benchmark • Current/Recent Performance Against Key Success Metrics • Ongoing and Campaign-Specific • Internal and Competitive Launch Campaign Measure Quantify Impact OUTCOMES • Brand Strength (Awareness, Perception, Reputation) • Net Promoter Score • Sales • Market Share • Marketing ROI OPTIMIZE
  • 27. #SFsummitHolistic View of KPIs • Awareness • Perception • Reputation • Engagement Top of the funnel: Bottom of the funnel: • Conversions • Lifetime Value
  • 28. #SFsummitHolistic View of KPIs • Visits • Unique Visitors • Page Views • Time on Site OWNED • Cost per Impression • Cost per Click • Cost per Lead/Acquisition • Click-Thru Rate PAID EARNED SHARED • Volume of Online Conversations • Reach of Online Conversations • Sentiment of Online Conversations • Share of Voice Online • Subject Matter of Online • Conversations • Social Connections (e.g. Facebook fans, Twitter followers) • Social Engagement (e.g. blog comments, Facebook interactions) 360 Strategy
  • 29. #SFsummit 29Constant Quest of Today’s Marketer Revenue Attribution
  • 30. #SFsummit 30 Revenue Attribution Strategies • Online Conversions of Traffic from Social Media Sources • Offline Conversions Driven by Social Media Initiatives (e.g., Redemption of Offers In-Store) • Other Creative Approaches o Reduction in Support Center Calls o Recovery of a Dissatisfied Customer o Operational Efficiencies through Social Communication Technologies • Marketing Mix Analysis
  • 31. #SFsummit 31 The Bottom Line re: the Bottom Line • There’s no silver bullet; effective measurement takes planning • Measurement takes time and money, so align on the percentage of the budget that should fund it, relative to the program itself • There’s value in “top of funnel” impact; not every program can be directly, precisely linked to a sale … And that’s OK! • Keep working toward better goal-setting and measurement, but don’t let inability to measure everything keep you from doing anything
  • 32. Q&A Time Brooke Hovey Cohn & Wolfe @brookehovey Catherine Chan-Smith NFL Network @catchansmith Julie Goodwyn The Coca-Cola Company @theshortskirt