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Data Driven Social Media
     Marketing

                             Adam Covati
                            CTO, Founder
                                 @covati


@argylesocial
What does Argyle do?
   Argyle Social is a Social Media Marketing
   Dashboard that combines:
   • Social publishing
   • Customer engagement
   • Social analytics




@argylesocial
Why?
   • We come from marketing backgrounds
   • We saw how social was being treated

   • We knew people could do better




@argylesocial
We’re on a mission…

           Argyle Social is on a mission to help
            marketers drive meaningful business
         outcomes through social media marketing.

   • Founded in Dec 2009
   • Based in Downtown Durham, NC
   • Over $1.5 million in total funding




@argylesocial
Social is difficult to measure because…

   Two Types of Marketing Channels

   Intent Generating channels:
   Build awareness, interest, desire

   Intent Harvesting channels:
   Call to Action (Purchase, Form, etc)




   Two Types of Conversion Tracking

   Multi-touch tracking attributes
   revenue to all of the channels on their
   path through the funnel.

   Last-touch tracking attributes all of the
   revenue to the last channel prior to sale.




@argylesocial
You (Probably) Under-Report Social

   • Day 0: Person follows your Co on Twitter.
   • Day 0 – 30: Person clicks, socializes, etc.
   • Day 30: Person makes buying decision,
     Googles your Co, clicks an ad, converts.

   • You chalk up a conversion to Google.
   • Your social media team gets the shaft.


@argylesocial
For example…
                                         Google Analytics shows 178 social
                                         media “assisted conversions” for
                                         a time period…




   …but we tracked over 1,100 socially
   Influenced conversions for the same
   chunk of time.




@argylesocial
For example…
                                         Google Analytics shows 178 social
                                         media “assisted conversions” for
                                         this time period…



      Scenario 1: Social Media gets scrutinized.
           Scenario 2: Social Media is the hero.
   …but we tracked over 1,300 socially
   Influenced conversions for the same
   chunk of time.




@argylesocial
How do I measure my success?*
                *How can Argyle help me measure my success?

    Key Metrics
        Clicks and click analysis
        Interactions and interpretation
        Conversions and the bottom line




@argylesocial
Save Time and Stay Organized



 Schedule content
 ahead of time and
 add posts to
 ongoing campaigns
 with a click of a
 button.




@argylesocial
Increase Workflow Efficiency


                         Take away the Excel
                         editorial calendars
                         and submit content
                         for approval straight
                         from Argyle.

                         Assign specific posts
                         to people for
                         response




@argylesocial
Engage More Effectively


 The latest Argyle
 release is Tweetdeck
 for Business.

 All the functionality
 of Tweetdeck
 wrapped up with
 Argyle’s advanced
 analytics.




@argylesocial
Engage More Effectively


 The latest Argyle
 release is Tweetdeck
 for Business.

 Can you assign posts
 in Tweetdeck?




@argylesocial
Avoid Social Media Blunders

                            Create email
                            notifications for
                            immediate response.
                            Make sure the right
                            people are responding
                            to the right messages.

                            Manually assign posts
                            to team members for
                            any posts that slip
                            through the cracks.




@argylesocial
Improve Understanding

 Make the
 connection
 between tweeting
 and conversions
 obvious




@argylesocial
Increase Social Conversions

    Goal reports from Argyle show non-social and social
    conversions




This slide deck includes sample charts from
Argyle Social reports.

@argylesocial
Decrease Scrutiny of Social
    Do you know which posts are the most effective in driving
                 interactions and revenue?


                                         Charts like this one show
                                         you on a post-by-post basis
                                         which content is most
                                         effective.




@argylesocial
Improve Evaluation of Social Media
                How do you know which campaigns are most effective?




@argylesocial
 Organize your team

        Publish compelling content

        Drive customer engagement

        Measure and optimize your results

                 Grow your business 


@argylesocial
Conversions Tracking
   • Social Media Marketing = Marketing
   • Marketing = Driven By Outcomes

   • If A=B & B=C, then A=C.




@argylesocial
Some Insights we’ve gained

   •   Aggregated and anonymous
   •   December 2010 through May 2011
   •   70k+ posts
   •   381 organizations; all industries, all sizes




@argylesocial
Definitions
   • Post: a single piece of content published via
     Argyle Social.
   • Click: a redirection from an Argyle short URL,
     published via Argyle Social.
   • Conversion: direct or indirect completion of
     an Argyle Goal as a result of a click on a post
     published via Argyle Social.


@argylesocial
Insight #1
   RSS Automation Works

                 Clicks by Posting Method                         Revenue by Posting Method
            30                                             $300

            25                                             $250

            20                                             $200




                                                 Revenue
   Clicks




            15                                             $150

            10                                             $100

             5                                             $50

             0                                              $0
                     RSS                Manual                           RSS                Manual
                           Posting Method                                      Posting Method




@argylesocial
Insight #1
   RSS Automation Works

                 Clicks by Posting Method                         Revenue by Posting Method
            30                                             $300

            25                                             $250

            20       RSS automation is just as             $200




                                                 Revenue
   Clicks




            15
                   effective as posting manually.          $150

            10                                             $100

             5                                             $50

             0                                              $0
                     RSS                Manual                           RSS                Manual
                           Posting Method                                      Posting Method




@argylesocial
Insight #2
   Scheduled Posts Generate Clicks, Not Conversions

                     Timeliness vs. Traffic                                        Timeliness vs. Influenced Revenue
            25                                                                    $400
                                                                                  $350
            20                                                                    $300




                                                             Influenced Revenue
                                                                                  $250
            15
   Clicks




                                                                                  $200
            10                                                                    $150
                                                                                  $100
             5
                                                                                  $50

             0                                                                     $-
                 Posted Immediately    Scheduled for Later
                             Posting Timeframe

                                                                                                 Posting Delay




@argylesocial
Insight #2
   Scheduled Posts Generate Clicks, Not Conversions

                     Timeliness vs. Traffic                                        Timeliness vs. Influenced Revenue
            25                                                                    $400
                                                                                  $350
            20                                                                    $300




                                                             Influenced Revenue
                                                                                  $250
            15
                      Scheduled posts drive traffic.
   Clicks




                                                                                  $200
            10                                                                    $150


             5
                     Timeliness drives conversions.                               $100
                                                                                  $50

             0                                                                     $-
                 Posted Immediately    Scheduled for Later
                             Posting Timeframe

                                                                                                 Posting Delay




@argylesocial
Insight #3
   Hashtag Stuffing Doesn’t Work

    How Effective are Posts with                                      Relative Performance of Hashtag vs Non-
            Hashtags?                                                              Hashtag Posts
                                                               25




                                        # of Twiter Accounts
                                                               20
           26%
                                                               15
                           53%
           21%                                                 10

                                                               5


     Posts with Hashtags Underperform                          0
                                                                    -70%      -30%        10%         50%        90%
     No Significant Difference
     Posts with Hashtags Outperform                                   Performance Increase (Decrease) of Posts with Hashtags




@argylesocial
Insight #3
   Hashtag Stuffing Doesn’t Work

    How Effective are Posts with                                      Relative Performance of Hashtag vs Non-
            Hashtags?                                                              Hashtag Posts
                                                               25




                                        # of Twiter Accounts
          Don’t target content to hashtags.
                                                               20
           26%
                         15
      Target hashtags to content when relevant.
              53%
           21%                                                 10

                                                               5


     Posts with Hashtags Underperform                          0
                                                                    -70%      -30%        10%         50%        90%
     No Significant Difference
     Posts with Hashtags Outperform                                   Performance Increase (Decrease) of Posts with Hashtags




@argylesocial
Insight #4
   Curating Drives Clicks…Creating Drives Conversions

             Clicks Per Post              Click To Conversion                Post Conversion Rate


 Promoters                           Promoters                           Promoters




  Balanced                            Balanced                            Balanced




  Curators                            Curators                            Curators



             0     20      40   60           0.0%   1.0%   2.0%   3.0%           0.0%   50.0%   100.0% 150.0%



        Sample
      Breakdown




@argylesocial
Insight #4
   Curating Drives Clicks…Creating Drives Conversions

             Clicks Per Post              Click To Conversion                Post Conversion Rate


 Promoters                           Promoters                           Promoters


                           Over-curating is ineffective.
  Balanced                            Balanced                            Balanced


                    Over-promoting isn’t as ineffective
  Curators
                           as you might think.
                                      Curators                            Curators



             0     20      40   60           0.0%   1.0%   2.0%   3.0%           0.0%   50.0%   100.0% 150.0%



        Sample
      Breakdown




@argylesocial
Thanks!

     Adam Covati @covati
     http://argylesocial.com




@argylesocial

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Data driven social and argyle slideshare

  • 1. Data Driven Social Media Marketing Adam Covati CTO, Founder @covati @argylesocial
  • 2. What does Argyle do? Argyle Social is a Social Media Marketing Dashboard that combines: • Social publishing • Customer engagement • Social analytics @argylesocial
  • 3. Why? • We come from marketing backgrounds • We saw how social was being treated • We knew people could do better @argylesocial
  • 4. We’re on a mission… Argyle Social is on a mission to help marketers drive meaningful business outcomes through social media marketing. • Founded in Dec 2009 • Based in Downtown Durham, NC • Over $1.5 million in total funding @argylesocial
  • 5. Social is difficult to measure because… Two Types of Marketing Channels Intent Generating channels: Build awareness, interest, desire Intent Harvesting channels: Call to Action (Purchase, Form, etc) Two Types of Conversion Tracking Multi-touch tracking attributes revenue to all of the channels on their path through the funnel. Last-touch tracking attributes all of the revenue to the last channel prior to sale. @argylesocial
  • 6. You (Probably) Under-Report Social • Day 0: Person follows your Co on Twitter. • Day 0 – 30: Person clicks, socializes, etc. • Day 30: Person makes buying decision, Googles your Co, clicks an ad, converts. • You chalk up a conversion to Google. • Your social media team gets the shaft. @argylesocial
  • 7. For example… Google Analytics shows 178 social media “assisted conversions” for a time period… …but we tracked over 1,100 socially Influenced conversions for the same chunk of time. @argylesocial
  • 8. For example… Google Analytics shows 178 social media “assisted conversions” for this time period… Scenario 1: Social Media gets scrutinized. Scenario 2: Social Media is the hero. …but we tracked over 1,300 socially Influenced conversions for the same chunk of time. @argylesocial
  • 9. How do I measure my success?* *How can Argyle help me measure my success?  Key Metrics  Clicks and click analysis  Interactions and interpretation  Conversions and the bottom line @argylesocial
  • 10. Save Time and Stay Organized Schedule content ahead of time and add posts to ongoing campaigns with a click of a button. @argylesocial
  • 11. Increase Workflow Efficiency Take away the Excel editorial calendars and submit content for approval straight from Argyle. Assign specific posts to people for response @argylesocial
  • 12. Engage More Effectively The latest Argyle release is Tweetdeck for Business. All the functionality of Tweetdeck wrapped up with Argyle’s advanced analytics. @argylesocial
  • 13. Engage More Effectively The latest Argyle release is Tweetdeck for Business. Can you assign posts in Tweetdeck? @argylesocial
  • 14. Avoid Social Media Blunders Create email notifications for immediate response. Make sure the right people are responding to the right messages. Manually assign posts to team members for any posts that slip through the cracks. @argylesocial
  • 15. Improve Understanding Make the connection between tweeting and conversions obvious @argylesocial
  • 16. Increase Social Conversions Goal reports from Argyle show non-social and social conversions This slide deck includes sample charts from Argyle Social reports. @argylesocial
  • 17. Decrease Scrutiny of Social Do you know which posts are the most effective in driving interactions and revenue? Charts like this one show you on a post-by-post basis which content is most effective. @argylesocial
  • 18. Improve Evaluation of Social Media How do you know which campaigns are most effective? @argylesocial
  • 19.  Organize your team  Publish compelling content  Drive customer engagement  Measure and optimize your results  Grow your business  @argylesocial
  • 20. Conversions Tracking • Social Media Marketing = Marketing • Marketing = Driven By Outcomes • If A=B & B=C, then A=C. @argylesocial
  • 21. Some Insights we’ve gained • Aggregated and anonymous • December 2010 through May 2011 • 70k+ posts • 381 organizations; all industries, all sizes @argylesocial
  • 22. Definitions • Post: a single piece of content published via Argyle Social. • Click: a redirection from an Argyle short URL, published via Argyle Social. • Conversion: direct or indirect completion of an Argyle Goal as a result of a click on a post published via Argyle Social. @argylesocial
  • 23. Insight #1 RSS Automation Works Clicks by Posting Method Revenue by Posting Method 30 $300 25 $250 20 $200 Revenue Clicks 15 $150 10 $100 5 $50 0 $0 RSS Manual RSS Manual Posting Method Posting Method @argylesocial
  • 24. Insight #1 RSS Automation Works Clicks by Posting Method Revenue by Posting Method 30 $300 25 $250 20 RSS automation is just as $200 Revenue Clicks 15 effective as posting manually. $150 10 $100 5 $50 0 $0 RSS Manual RSS Manual Posting Method Posting Method @argylesocial
  • 25. Insight #2 Scheduled Posts Generate Clicks, Not Conversions Timeliness vs. Traffic Timeliness vs. Influenced Revenue 25 $400 $350 20 $300 Influenced Revenue $250 15 Clicks $200 10 $150 $100 5 $50 0 $- Posted Immediately Scheduled for Later Posting Timeframe Posting Delay @argylesocial
  • 26. Insight #2 Scheduled Posts Generate Clicks, Not Conversions Timeliness vs. Traffic Timeliness vs. Influenced Revenue 25 $400 $350 20 $300 Influenced Revenue $250 15 Scheduled posts drive traffic. Clicks $200 10 $150 5 Timeliness drives conversions. $100 $50 0 $- Posted Immediately Scheduled for Later Posting Timeframe Posting Delay @argylesocial
  • 27. Insight #3 Hashtag Stuffing Doesn’t Work How Effective are Posts with Relative Performance of Hashtag vs Non- Hashtags? Hashtag Posts 25 # of Twiter Accounts 20 26% 15 53% 21% 10 5 Posts with Hashtags Underperform 0 -70% -30% 10% 50% 90% No Significant Difference Posts with Hashtags Outperform Performance Increase (Decrease) of Posts with Hashtags @argylesocial
  • 28. Insight #3 Hashtag Stuffing Doesn’t Work How Effective are Posts with Relative Performance of Hashtag vs Non- Hashtags? Hashtag Posts 25 # of Twiter Accounts Don’t target content to hashtags. 20 26% 15 Target hashtags to content when relevant. 53% 21% 10 5 Posts with Hashtags Underperform 0 -70% -30% 10% 50% 90% No Significant Difference Posts with Hashtags Outperform Performance Increase (Decrease) of Posts with Hashtags @argylesocial
  • 29. Insight #4 Curating Drives Clicks…Creating Drives Conversions Clicks Per Post Click To Conversion Post Conversion Rate Promoters Promoters Promoters Balanced Balanced Balanced Curators Curators Curators 0 20 40 60 0.0% 1.0% 2.0% 3.0% 0.0% 50.0% 100.0% 150.0% Sample Breakdown @argylesocial
  • 30. Insight #4 Curating Drives Clicks…Creating Drives Conversions Clicks Per Post Click To Conversion Post Conversion Rate Promoters Promoters Promoters Over-curating is ineffective. Balanced Balanced Balanced Over-promoting isn’t as ineffective Curators as you might think. Curators Curators 0 20 40 60 0.0% 1.0% 2.0% 3.0% 0.0% 50.0% 100.0% 150.0% Sample Breakdown @argylesocial
  • 31. Thanks! Adam Covati @covati http://argylesocial.com @argylesocial

Notas do Editor

  1. It happens in real-time.It involves massive amounts of content.…It happens at the tippy-top of the funnel.It isn’t a direct ‘Call To Action’ channel.
  2. quickly explains the data source for the next few slides.
  3. explain context of the data.suggest the action: use a service to automate posts via RSS. (Note: most RSS posts publish immediately, are not scheduled. Might need to delineate in the next slide.) if possible, schedule homegrown content to post multiple times. consider publishing content from other RSS feeds, can filter by tag or category.
  4. explain context of the data.suggest the action: use a service to automate posts via RSS. (Note: most RSS posts publish immediately, are not scheduled. Might need to delineate in the next slide.) if possible, schedule homegrown content to post multiple times. consider publishing content from other RSS feeds, can filter by tag or category.
  5. explain the graph.explain the takeaways:Timeliness premium when it comes to transactions. The further into the future Argyle users scheduled posts, the less influence the posts had on revenue.Suggests a few things:- Marketers aren’t scheduling posts with a strong call-to-action- Followers are less responsive to “planned” content.- Time-sensitive call-to-action is compelling
  6. explain the graph.explain the takeaways:Timeliness premium when it comes to transactions. The further into the future Argyle users scheduled posts, the less influence the posts had on revenue.Suggests a few things:- Marketers aren’t scheduling posts with a strong call-to-action- Followers are less responsive to “planned” content.- Time-sensitive call-to-action is compelling
  7. commentary:Data suggests that posts with hashtags rarely outperform posts without hashtags.Scenarios that work:- Moderately sized, well-targeted conferences – SocialFresh…not SXSW- Charitable causes- Highly engaged groups and chatsScenarios that don’t work:- Huge conferences- Generic tags- Trending topic spamRemember that your followers are your primary source of attention.
  8. commentary:Data suggests that posts with hashtags rarely outperform posts without hashtags.Scenarios that work:- Moderately sized, well-targeted conferences – SocialFresh…not SXSW- Charitable causes- Highly engaged groups and chatsScenarios that don’t work:- Huge conferences- Generic tags- Trending topic spamRemember that your followers are your primary source of attention.
  9. Eric doing the intro.