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Measuring Up: Fantastic Analytics and
Where to Find Them
@SteveRetka, Emerging Media Manager - Bolin
Hi, I’m Steve.
I do social media things.
2009 2012
2010 2013
What are we here
to talk about?
@steveretka
Making sense of metrics
4 buckets of social goals
How do you find it all?
Reporting: A necessary evil
The times they are a-
changin’
Where do you go from
here?
Why should you
care?
Someone will always want to
know about performance
Helps you be a better you
Another tool in your
professional utility belt (like
Batman, but less
intimidating)
@steveretka
Making Sense of
Metrics
Focus on the “why” and don’t
get bogged down with the
numbers
Not all metrics will matter
the same to all brands
Know what goals you want
to achieve with social media,
because that will be your
ROI
@steveretka
4 Buckets of
Social Goals
Growth shows audience size
Engagement reflects
audience interests
Reach measures audience
quality
Conversion shows what you
can do with your audience
@steveretka
4 Buckets of
Social Goals
@steveretka
Facebook likes, fans, People
Saw This, clicks
Twitter followers, mentions,
referral traffic, retweet
reach
Pinterest followers, repins,
comments, sales traffic
YouTube subscribers, views,
shares, traffic
Instagram followers, likes
4 Buckets of
Social Goals
Facebook likes, fans, People
Saw This, clicks
Twitter followers, mentions,
referral traffic, retweet
reach
Pinterest followers, repins,
comments, sales traffic
YouTube subscribers, views,
shares, traffic
Instagram followers, likes
@steveretka
Growth
@steveretka
Is your presence expanding
or stagnant?
Simplest goal to track,
focusing on account-level
growth by channel
Account size matters
because that is your
potential market
For better or worse, this is
what marketers are judged
on
Engagement
@steveretka
Does your audience like
what you’re doing?
Tracking how individual
posts perform
A good barometer for what
your audience likes and
responds to
Not all engagement is
created equal. Shares &
retweets have better reach,
but comments show more
initiative
Reach
@steveretka
Is your content going
anywhere?
Reach can show if you’re
rising above the noise of
others
Impressions are important
because so many brands
understand them
“Viral” is a dirty word
Conversions
@steveretka
What are you getting out of
social?
Referral traffic, email
subscribers, coupon
downloads
Social media can’t drive
sales, but can drive sales
opportunities
How Do You Find
It All?
@steveretka
Dive into each channel’s
internal analytics first
Understand the significance
of any metric before
tracking and reporting it
Not sure where to start?
Keep the 4 buckets in mind
Facebook
Insights
@steveretka
Facebook offers tons of
valuable data for free
Great starting point for
trying to understand social
media analytics
Seems confusing until you
focus on the 4 buckets
This is how much your
audience has grown
This is how many people
saw your posts
This is how they’re
responding to the posts
This is what they’re doing
with your content
Monitoring Tools
@steveretka
There are hundreds of social
media monitoring tools out
there
Which one you have to learn
varies by company
Getting one? Start by
knowing what you need to
track and report on
Understand your price
range going in
Not having one is okay
SO MANY
SOCIAL
MEDIA
TOOLS
Reporting: A
Necessary Evil
@steveretka
How do you convey all of
this info to the client?
There is no one right way to
report on social media
Every company/agency has
their own way of reporting
Reporting: A
Necessary Evil
@steveretka
Best to combine
quantitative and qualitative
components
Anyone can throw out
numbers, marketers add
context and meaning
Follow the What-Why-How
chain
Always ask “why did this
happen?” and follow up with
“how can we use this?”
Reporting: A
Necessary Evil
@steveretka
Start with What –
Understanding the raw data
Post 1 has most clicks,
meaning it might be driving
the most traffic/conversions
Post 2 has the most shares
meaning it has the highest
reach
Post 3 has the most likes and
comments, meaning it has
the highest engagement
x1,000
Likes
x1,000
Clicks
x10
Comments
x10
Shares
x2,000
Likes
x200
Clicks
x10
Comments
x100
Shares
x2,000
Likes
x100
Clicks
x30
Comments
x20
Shares
1
2
3
Reporting: A
Necessary Evil
@steveretka
Next step is Why – Finding
out why Post 1 is driving so
much traffic
Look at all the different post
variables and try to find
what’s different
Compare the data against
previous 30/60/90 days
Understand that it may be
an anomaly, and not
everything means
something
x1,000
Likes
x1,000
Clicks
x10
Comments
x10
Shares
1
Status Photo Link Video
http://www.awesome
link.com/stuffyouare
postingtofacebook
http://bit.ly/ur2
ez
vs
Time Date
Reporting: A
Necessary Evil
@steveretka
Finish with How – Figure
out how leverage the
success of Post 1
Think you might be on to
something? Try it out and
monitor the results
A/B testing is key, and know
that it’s okay to be wrong
The greatest role marketers
play is bringing new ideas
and insights to the table
x1,000
Likes
x1,000
Clicks
x10
Comments
x10
Shares
1
Photo Link
Time
Photos with links get
more clicks than just
links? Make sure all
links have photos
Posts between 6pm
and 9pm getting
more clicks? Schedule
out more content
The Times They
Are A-Changin’
@steveretka
Changes to Facebook’s
algorithm has gutted organic
reach for brands
Social media strategy must
move beyond Facebook
However, understanding the
meaning of metrics is
transferable
4 buckets of social media
goals apply to all marketing
efforts, not just social media
Where do you go
from here?
@steveretka
Always look for the meaning
in a spike or drop
Remember that your
audience is unique to your
brand
This industry changes fast,
so stay up to date on the
latest news and updates
Find this deck on SlideShare.net/steveretka
Any questions?

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Measuring Up: Fantastic Analytics and Where to Find Them

  • 1. Measuring Up: Fantastic Analytics and Where to Find Them @SteveRetka, Emerging Media Manager - Bolin
  • 2. Hi, I’m Steve. I do social media things. 2009 2012 2010 2013
  • 3. What are we here to talk about? @steveretka Making sense of metrics 4 buckets of social goals How do you find it all? Reporting: A necessary evil The times they are a- changin’ Where do you go from here?
  • 4. Why should you care? Someone will always want to know about performance Helps you be a better you Another tool in your professional utility belt (like Batman, but less intimidating) @steveretka
  • 5. Making Sense of Metrics Focus on the “why” and don’t get bogged down with the numbers Not all metrics will matter the same to all brands Know what goals you want to achieve with social media, because that will be your ROI @steveretka
  • 6. 4 Buckets of Social Goals Growth shows audience size Engagement reflects audience interests Reach measures audience quality Conversion shows what you can do with your audience @steveretka
  • 7. 4 Buckets of Social Goals @steveretka Facebook likes, fans, People Saw This, clicks Twitter followers, mentions, referral traffic, retweet reach Pinterest followers, repins, comments, sales traffic YouTube subscribers, views, shares, traffic Instagram followers, likes
  • 8. 4 Buckets of Social Goals Facebook likes, fans, People Saw This, clicks Twitter followers, mentions, referral traffic, retweet reach Pinterest followers, repins, comments, sales traffic YouTube subscribers, views, shares, traffic Instagram followers, likes @steveretka
  • 9. Growth @steveretka Is your presence expanding or stagnant? Simplest goal to track, focusing on account-level growth by channel Account size matters because that is your potential market For better or worse, this is what marketers are judged on
  • 10. Engagement @steveretka Does your audience like what you’re doing? Tracking how individual posts perform A good barometer for what your audience likes and responds to Not all engagement is created equal. Shares & retweets have better reach, but comments show more initiative
  • 11. Reach @steveretka Is your content going anywhere? Reach can show if you’re rising above the noise of others Impressions are important because so many brands understand them “Viral” is a dirty word
  • 12. Conversions @steveretka What are you getting out of social? Referral traffic, email subscribers, coupon downloads Social media can’t drive sales, but can drive sales opportunities
  • 13. How Do You Find It All? @steveretka Dive into each channel’s internal analytics first Understand the significance of any metric before tracking and reporting it Not sure where to start? Keep the 4 buckets in mind
  • 14. Facebook Insights @steveretka Facebook offers tons of valuable data for free Great starting point for trying to understand social media analytics Seems confusing until you focus on the 4 buckets
  • 15.
  • 16. This is how much your audience has grown This is how many people saw your posts This is how they’re responding to the posts This is what they’re doing with your content
  • 17. Monitoring Tools @steveretka There are hundreds of social media monitoring tools out there Which one you have to learn varies by company Getting one? Start by knowing what you need to track and report on Understand your price range going in Not having one is okay SO MANY SOCIAL MEDIA TOOLS
  • 18. Reporting: A Necessary Evil @steveretka How do you convey all of this info to the client? There is no one right way to report on social media Every company/agency has their own way of reporting
  • 19. Reporting: A Necessary Evil @steveretka Best to combine quantitative and qualitative components Anyone can throw out numbers, marketers add context and meaning Follow the What-Why-How chain Always ask “why did this happen?” and follow up with “how can we use this?”
  • 20. Reporting: A Necessary Evil @steveretka Start with What – Understanding the raw data Post 1 has most clicks, meaning it might be driving the most traffic/conversions Post 2 has the most shares meaning it has the highest reach Post 3 has the most likes and comments, meaning it has the highest engagement x1,000 Likes x1,000 Clicks x10 Comments x10 Shares x2,000 Likes x200 Clicks x10 Comments x100 Shares x2,000 Likes x100 Clicks x30 Comments x20 Shares 1 2 3
  • 21. Reporting: A Necessary Evil @steveretka Next step is Why – Finding out why Post 1 is driving so much traffic Look at all the different post variables and try to find what’s different Compare the data against previous 30/60/90 days Understand that it may be an anomaly, and not everything means something x1,000 Likes x1,000 Clicks x10 Comments x10 Shares 1 Status Photo Link Video http://www.awesome link.com/stuffyouare postingtofacebook http://bit.ly/ur2 ez vs Time Date
  • 22. Reporting: A Necessary Evil @steveretka Finish with How – Figure out how leverage the success of Post 1 Think you might be on to something? Try it out and monitor the results A/B testing is key, and know that it’s okay to be wrong The greatest role marketers play is bringing new ideas and insights to the table x1,000 Likes x1,000 Clicks x10 Comments x10 Shares 1 Photo Link Time Photos with links get more clicks than just links? Make sure all links have photos Posts between 6pm and 9pm getting more clicks? Schedule out more content
  • 23. The Times They Are A-Changin’ @steveretka Changes to Facebook’s algorithm has gutted organic reach for brands Social media strategy must move beyond Facebook However, understanding the meaning of metrics is transferable 4 buckets of social media goals apply to all marketing efforts, not just social media
  • 24. Where do you go from here? @steveretka Always look for the meaning in a spike or drop Remember that your audience is unique to your brand This industry changes fast, so stay up to date on the latest news and updates
  • 25. Find this deck on SlideShare.net/steveretka Any questions?