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Measuring Success
When Profits Are Not the
     Bottom Line
        Emira Mears | Partner
   Raised Eyebrow Web Studio, Inc.
        emira@raisedeyebrow.com
          Twitter: @emiramears
        Google Profile: emiramears
What Do We Mean by ROI?
• Created in 1920s to measure
  performance & profit margin in industry

• Evaluation process looking and pre &
  post implementation metrics
 (very difficult to measure after if you don’t measure first)




• Measuring Cost, Benefit & Value
Business Vs. Non Profits
Traditional ROI Variables
• Profit
• Cost of Doing Business or Cost of Goods


Non Profit ROI Variables
• Operating Costs
• Donations & Revenue
• Engagement & Awareness
Business Vs. Non Profits
How are they similar?

• Both share a need to measure success in
  reaching larger goals
• In order to measure ROI you need to
  know your goals ahead of time
Value of ROI for Non Profits

• Getting organizational/leadership
  buy-in
• Grants/Funding
• Increase strategic use of resources
• Process enables learning
Measuring ROI for Non Profits
Quantitative
        Donations
    •

        Volunteers
    •

        Page Views/Site visits
    •

        Take Action #s
    •

        Email Sign-ups
    •

        Twitter activity/hash tags
    •

        Facebook Activity
    •
Measuring ROI for Non Profits
Qualitative

        Awareness Raising
    •

        Numbers of Views vs. Level of Influence
    •

        Resources reallocated
    •

        Investigating not just changes in
    •
        understanding but changes in actions/
        behaviors of your audience
Value of Internal Resources
    Can not be underestimated
•

    Resources are often scare and should be
•
    used stratetically


Good ROI/Strong Analysis should enable:
    Streamline processes & ability to be more
•
    strategic about outreach
Quantitative Measurement Tools
Google Tools
• Set up Goals as you might with E-commerce
• Time spent on site
• Trafficed pages
• Benchmarks and trends (1 month, 3 months, 6
  months, etc.)
Donations
• Online vs. Offline
• E-Newsletter vs. Traditional Mail Out
• Campaign Comparisons
Quantitative Measurements Tools
Memberships
• List growth
• Member engagement/volunteering etc.
• New vs. Longterm


Email List/RSS Subscribers
• List size & #s
• Multi-variant testing for emails
• Open rates and click throughs

                                        10
Quantitative Measurements
Social Media Metrics:
  – Twitter
     • Followers
     • Retweets
     • Hash Tag tracking
  – Facebook
     • Members/Fans
     • Wall Posts/Comments
     • Funds Raised
  – Other
     • MySpace, Second Life, etc.
Qualitative Measurements
Listen to what people are saying not just how often/how much

   – Observe, record and analyze
   – Use monitoring tools to gather data
      • Custom RSS feeds
      • Hash tags
      • Delicious.com
   – Create a media citation style report
   – Don’t be afraid to go after the negative info
   – Share within the organization and elevate important info
     right to the key staff person
Metrics & Benchmarks
    Track before and after data
•

    – What will success look like for your
      organization?
    – Set metrics that match your goals
    Look to see what others are doing that is similar
•

    Industry benchmarks may apply
•

    Be sure to save/document all the data you are
•
    collecting to build your own benchmarks
What Next?
Listen, Learn, Adapt
    Don’t be afraid to tweak/evolve over the
•
    course of your measurements
    Incremental change can be less risky
•

    Ask users for feedback and have the capacity
•
    to evolve/change quickly



                                               14
Case Studies
Measurement Tools
Q: So what metrics should you use?
A: Anything that helps you measure
whether or not you’re reaching your
goal.



                              20
Quantitative Tools

• Google                 • RSS
  •   Analytics/Goals     •   Feedburner
  •   Blog Searches       •   Stats
  •   Custom searches/
      RSS Feeds
                         • Facebook
• Twitter                 •   Page/Group Stats
                          •   Members/Fans
  •   Hashtag.org
  •   Bit.ly/
      Hootsuite.com
Qualitative Tools

• Surveys/Feedback
• Scanning/reading comments
• Google keyword searches
• Listen & Learn
Compiling Data

• Track progress & document
  learnings
• Story telling: combine the hard
  data with the qualitative
• Don’t get overwhelmed with
  data/collection
Resources & Links
•   NTEN Benchmarks: www.nten.org/research

•   Social Media Metrics: www.thesocialorganization.com/
    social-media-metrics.html

•   Setting up Google Goals:
    www.google.com/support/googleanalytics/bin/
    answer.py?hl=en&answer=55515

•   10 Must Track Google Analytics:
    www.webanalyticsworld.net/2009/03/10-must-track-
    google-analytics-goals.html

•   Twitter Search Operators: search.twitter.com/operators

•   Social Media & Non Profits: www.bethkantor.org

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Measuing ROI When Profit Is Not The Motive

  • 1. Measuring Success When Profits Are Not the Bottom Line Emira Mears | Partner Raised Eyebrow Web Studio, Inc. emira@raisedeyebrow.com Twitter: @emiramears Google Profile: emiramears
  • 2. What Do We Mean by ROI? • Created in 1920s to measure performance & profit margin in industry • Evaluation process looking and pre & post implementation metrics (very difficult to measure after if you don’t measure first) • Measuring Cost, Benefit & Value
  • 3. Business Vs. Non Profits Traditional ROI Variables • Profit • Cost of Doing Business or Cost of Goods Non Profit ROI Variables • Operating Costs • Donations & Revenue • Engagement & Awareness
  • 4. Business Vs. Non Profits How are they similar? • Both share a need to measure success in reaching larger goals • In order to measure ROI you need to know your goals ahead of time
  • 5. Value of ROI for Non Profits • Getting organizational/leadership buy-in • Grants/Funding • Increase strategic use of resources • Process enables learning
  • 6. Measuring ROI for Non Profits Quantitative Donations • Volunteers • Page Views/Site visits • Take Action #s • Email Sign-ups • Twitter activity/hash tags • Facebook Activity •
  • 7. Measuring ROI for Non Profits Qualitative Awareness Raising • Numbers of Views vs. Level of Influence • Resources reallocated • Investigating not just changes in • understanding but changes in actions/ behaviors of your audience
  • 8. Value of Internal Resources Can not be underestimated • Resources are often scare and should be • used stratetically Good ROI/Strong Analysis should enable: Streamline processes & ability to be more • strategic about outreach
  • 9. Quantitative Measurement Tools Google Tools • Set up Goals as you might with E-commerce • Time spent on site • Trafficed pages • Benchmarks and trends (1 month, 3 months, 6 months, etc.) Donations • Online vs. Offline • E-Newsletter vs. Traditional Mail Out • Campaign Comparisons
  • 10. Quantitative Measurements Tools Memberships • List growth • Member engagement/volunteering etc. • New vs. Longterm Email List/RSS Subscribers • List size & #s • Multi-variant testing for emails • Open rates and click throughs 10
  • 11. Quantitative Measurements Social Media Metrics: – Twitter • Followers • Retweets • Hash Tag tracking – Facebook • Members/Fans • Wall Posts/Comments • Funds Raised – Other • MySpace, Second Life, etc.
  • 12. Qualitative Measurements Listen to what people are saying not just how often/how much – Observe, record and analyze – Use monitoring tools to gather data • Custom RSS feeds • Hash tags • Delicious.com – Create a media citation style report – Don’t be afraid to go after the negative info – Share within the organization and elevate important info right to the key staff person
  • 13. Metrics & Benchmarks Track before and after data • – What will success look like for your organization? – Set metrics that match your goals Look to see what others are doing that is similar • Industry benchmarks may apply • Be sure to save/document all the data you are • collecting to build your own benchmarks
  • 14. What Next? Listen, Learn, Adapt Don’t be afraid to tweak/evolve over the • course of your measurements Incremental change can be less risky • Ask users for feedback and have the capacity • to evolve/change quickly 14
  • 16.
  • 17.
  • 18.
  • 19.
  • 20. Measurement Tools Q: So what metrics should you use? A: Anything that helps you measure whether or not you’re reaching your goal. 20
  • 21. Quantitative Tools • Google • RSS • Analytics/Goals • Feedburner • Blog Searches • Stats • Custom searches/ RSS Feeds • Facebook • Twitter • Page/Group Stats • Members/Fans • Hashtag.org • Bit.ly/ Hootsuite.com
  • 22. Qualitative Tools • Surveys/Feedback • Scanning/reading comments • Google keyword searches • Listen & Learn
  • 23. Compiling Data • Track progress & document learnings • Story telling: combine the hard data with the qualitative • Don’t get overwhelmed with data/collection
  • 24. Resources & Links • NTEN Benchmarks: www.nten.org/research • Social Media Metrics: www.thesocialorganization.com/ social-media-metrics.html • Setting up Google Goals: www.google.com/support/googleanalytics/bin/ answer.py?hl=en&answer=55515 • 10 Must Track Google Analytics: www.webanalyticsworld.net/2009/03/10-must-track- google-analytics-goals.html • Twitter Search Operators: search.twitter.com/operators • Social Media & Non Profits: www.bethkantor.org