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America Saves Week 2012
  Social Media Project



Dr. Barbara O’Neill, CFP®, Extension Specialist,
        Rutgers Cooperative Extension

      eXtension Financial Security for All
           Community of Practice
Project Background
• Conducted by eXtension (online program of the
  Cooperative Extension System)

• 70 Facebook messages and 70 tweets
  – Saving, debt/expense reduction, America Saves, ASW

• 97 project cooperators
  – From eXtension, Saves campaigns, military, others

• Replicated 2011 ASW social media project
  with a focused evaluation methodology
Triangulation (Multiple Methods)
     Evaluation Approach
• Unique Twitter hashtag: #eXasw

• Follow-up follower/friend survey

• Follow-up project participant survey

• bit.ly analytics to determine number of clicks
  on unique embedded links

• Pre- and post-ASW Twitter influence metrics
Quantitative Impact Data
• 1,437 #eXasw tweets recorded (vs. 1,190 in 2011)
• Several thousand Facebook messages
• 673 Facebook message clicks (vs. 877 in 2011)
• 357 clicks from tweets (vs. 275 in 2011)
• 30 of 97 cooperators reported a total of 5,966
  followers/friends; an average of 199 each
  (vs. 8,163 followers and 226 apiece in 2011)
Follower/Friend Survey Results
              N = 13
• Response: 50% “very helpful” and 50% “helpful”
• 54% visited ASW links; 38% planned to
• 8% joined AS; 38% planned to; 16% already
  joined AS; 38% had not joined AS
• Mostly positive comments about SM messages
• One negative comment about seeing repeated
  messages and the need for more action steps
Professional Collaborator
           Survey Results (N=30)
• 22/22 Klout scores increased
   – Average from 20.3 to 29.3 (vs. 11.22 to 19.68 in 2011)

• 17/19 PeerIndex scores increased
   – Average from 15.5 to 25.1 (vs. 4.94 to 11.52 in 2011)

• Positive comments (e.g., want more “cut and paste”
  messages, improved SM skills, ease of use, continue in 2013)
• State Governor and Senator started following one participant
• Reported likes, retweets, and direct messages
• One comment that a month of messages was too long
Take-Aways
• Social media messages are great for increasing
  awareness but do not appear to prompt much action
• Project participants like having “cut and paste” social
  media messages
   – May want to consider providing SM messages year-round
• The Twitter influence of project participants was
  noticeably higher in 2012 than 2011
• Fewer metrics exist for Facebook impact vs. Twitter
   – Facebook Insights is recommended tool:
     http://ads.ak.facebook.com/ads/creative/insights/page-
     insights-guide.pdf
Any Questions?
We invite you to follow us on Twitter:


www.twitter.com/moneyeXtension
(eXtension Twitter site)


www.twitter.com.moneytalk1
(Dr. Barbara O’Neill, Rutgers University)

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America Saves Week 2012 Social Media Project national savings forum-04-12

  • 1. America Saves Week 2012 Social Media Project Dr. Barbara O’Neill, CFP®, Extension Specialist, Rutgers Cooperative Extension eXtension Financial Security for All Community of Practice
  • 2. Project Background • Conducted by eXtension (online program of the Cooperative Extension System) • 70 Facebook messages and 70 tweets – Saving, debt/expense reduction, America Saves, ASW • 97 project cooperators – From eXtension, Saves campaigns, military, others • Replicated 2011 ASW social media project with a focused evaluation methodology
  • 3. Triangulation (Multiple Methods) Evaluation Approach • Unique Twitter hashtag: #eXasw • Follow-up follower/friend survey • Follow-up project participant survey • bit.ly analytics to determine number of clicks on unique embedded links • Pre- and post-ASW Twitter influence metrics
  • 4. Quantitative Impact Data • 1,437 #eXasw tweets recorded (vs. 1,190 in 2011) • Several thousand Facebook messages • 673 Facebook message clicks (vs. 877 in 2011) • 357 clicks from tweets (vs. 275 in 2011) • 30 of 97 cooperators reported a total of 5,966 followers/friends; an average of 199 each (vs. 8,163 followers and 226 apiece in 2011)
  • 5. Follower/Friend Survey Results N = 13 • Response: 50% “very helpful” and 50% “helpful” • 54% visited ASW links; 38% planned to • 8% joined AS; 38% planned to; 16% already joined AS; 38% had not joined AS • Mostly positive comments about SM messages • One negative comment about seeing repeated messages and the need for more action steps
  • 6. Professional Collaborator Survey Results (N=30) • 22/22 Klout scores increased – Average from 20.3 to 29.3 (vs. 11.22 to 19.68 in 2011) • 17/19 PeerIndex scores increased – Average from 15.5 to 25.1 (vs. 4.94 to 11.52 in 2011) • Positive comments (e.g., want more “cut and paste” messages, improved SM skills, ease of use, continue in 2013) • State Governor and Senator started following one participant • Reported likes, retweets, and direct messages • One comment that a month of messages was too long
  • 7. Take-Aways • Social media messages are great for increasing awareness but do not appear to prompt much action • Project participants like having “cut and paste” social media messages – May want to consider providing SM messages year-round • The Twitter influence of project participants was noticeably higher in 2012 than 2011 • Fewer metrics exist for Facebook impact vs. Twitter – Facebook Insights is recommended tool: http://ads.ak.facebook.com/ads/creative/insights/page- insights-guide.pdf
  • 8. Any Questions? We invite you to follow us on Twitter: www.twitter.com/moneyeXtension (eXtension Twitter site) www.twitter.com.moneytalk1 (Dr. Barbara O’Neill, Rutgers University)