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MEASURING THE
    IMPACT OF SOCIAL

1   @JustinRamers, Director of Digital and Social Media
                Social Media
Justin Ramers
Director of Digital and Social Media
ACTIVE Network



Twitter: @JustinRamers
LinkedIn:
http://www.linkedin.com/in/ramers          Hashtag:
Email: justin.ramers@activenetwork.com   #BrandAidTX


2
            Social Media
We are the technology that
         powers events.

    Deep expertise in event and
     participant management.




3
                 Social Media
Right here…
                   …right now.


4
    Social Media
STRATEGY BEFORE TACTICS
                          Business Goals

                        Marketing Strategy

                        Social Media Strategy

                            Social Media
                               Tactics
                                Tools
                              & Metrics
5
         Social Media
Social media is more than just marketing…

                                  Community                 Event
                                   Building                Marketing




                       Customer                   Social                   Brand
                        Service                                          Awareness
                                                  Media


                                      Social               Participant
                                   Intelligence            Experience




                                                  …and data is critical to every piece.
6
               Social Media
SOCIAL OPPORTUNITIES (PHASE)


    1   Build Awareness (Discovery)
        Generating high-quality leads from social media



                   Leverage Word of Mouth (Purchase)
                   Social sharing during and post-registration
                                                                 2
7
    3   Increase Engagement (Participation)
        Extending engagement before, during and after event


              Social Media
1. Build
    Awareness


8
       Social Media
9
    Social Media
Opportunity
     to Connect


10
           Social Media
Authenticity


11
           Social Media
12
     Social Media
Relevance



13
     Social Media
CREATING ENGAGEMENT




14
          Social Media
DAILY OPERATIONS

     ― Identify internal delegates
     ― Create a crisis communication plan
     ― Create a content calendar
     ― Require the use of scheduling tools
     ― Shorten & track all links
     ― Collect & report on key data points monthly



15
                  Social Media
Inbound marketing costs 61% less per lead
16
         Social Media
A “Fan” alone is not a metric…




       Value/Fan justifies acquisition efforts.
17
             Social Media
VALUE PER FAN/FOLLOWER
     $0.160


     $0.140


     $0.120


     $0.100


     $0.080                                                                                       Facebook
                                                                                                  Twitter
     $0.060


     $0.040


     $0.020


     $0.000
              Jan Feb Mar Apr May Jun   Jul   Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun   Jul

18
                      Social Media
2. Leverage
     Word of Mouth


19
          Social Media
CREATING A VIRAL LOOP
     Traditional Funnel




            Share         Viral Loop   Credit: Adobe

20
          Social Media
12.4% Register




21
     Social Media
11.1%
                     conversion rate




                    Your customers have
                         joined your
                    communications team


22
     Social Media
A 1% increase in
                           share rate
                                =
                        18,540 additional
                         sharing actions


     A           B


23
         Social Media
3. Increase
     Engagement


24
         Social Media
Unless you’re
     getting
     married, “engage
     ment” is not a
     metric.

25
          Social Media
26
     Social Media
27
     Social Media
EXTENDING ENGAGEMENT
     Extend the event lifecycle by
     creating engagement
     before, during and after an
     event.
     Social metrics:
     • Registrations
     • Visits
     • Content downloads
     • Posts
     • Shares
     • Video views
     • Time on site

28
                   Social Media
HASHTAGS
     Bridge the gap between offline and online
     by using hashtags to capture engagement


     Hashtags should be:
     • Short
     • Memorable
     • Reiterated frequently




29
                  Social Media
Measuring
     and Reporting


30
          Social Media
Real data driving real
     business decisions.
     $0.72 Value per Fan
     $0.45 Value per share
     $0.61 Cost per acquisition
     17.3% Facebook share rate
     Visits from social: 910,000+/month
     Incremental registrations from social: 17K+/month


31
                    Social Media
GOALS AND METRICS
 Goal                                            Metrics

 Drive participation                             Leads, registrations, shares

 Provide more value for sponsors                 Social impressions, social mentions, booth check-ins

 Provide excellent customer support              Support tickets resolved, mentions responded to

 Enhance the participant experience              Feedback items, % return attendees

 Build community                                 Account setups, visits, number of posts

 Build/strengthen brand                          Mentions, influencers identified, hashtag uses

 Understand demand in new and existing markets   Repeat registrants, time to sellout


32
                       Social Media
Jan        Feb        Mar         Apr
                       Total Fans           367,378    398,092    429,201     463,379
                       Fans Added            39,865     34,618     34,248      37,571
                         Paid                28,296     25,835     24,825      23,629
     Fan Acquisition

                         Organic             11,569      8,783      9,423      13,942
                         Paid %               71.0%     74.6%      72.5%       62.9%     Audience
                       Unsubscribes            3,022     2,732      3,139       3,393
                         UnSub-%
                       Net New Fans
                                              0.82%
                                             36,843
                                                        0.69%
                                                        31,886
                                                                   0.73%
                                                                   31,109
                                                                               0.73%
                                                                               34,178
                                                                                        Acquisition
                       Goal                  29,910     40,636     26,937      21,043
                       Index                    1.23      0.78       1.15        1.62

                       # of Posts                707        707        707        707
                       Impressions        46,248,837 31,622,999 38,434,410 39,120,789
                       Impressions/Post       65,416     44,728     54,363     55,334

                                                                                         Results
     Performance




                       Visits               187,048    149,203    274,249     276,017
                       CTR                   0.40%      0.47%      0.71%       0.71%
                       Page Views           414,743    417,478    671,412     610,923    & Value
                       Transactions             690        373        687       3,128

                       On-site Value      $13,921.33 $12,164.22 $20,064.14 $32,648.15
                       Value/Fan               $0.04      $0.03      $0.05      $0.07

                       Paid Fans              28,296     25,835     24,825     23,629
     Ads ROI




                       Acq Cost
                       CPA
                                          $13,949.95 $12,600.00 $13,876.54 $13,499.89
                                               $0.49      $0.49      $0.56      $0.57
                                                                                           Cost
                       Annualized ROI     -$1,083.05 -$3,126.93     $49.58 $6,477.96
33
                                               Social Media
THE 3 ESSENTIAL DATA POINTS

     1. Impressions
        How many people are seeing the posts I’m making

     2. Clicks
        How many visits I’m getting from each of my posts

     3. Conversions
        How many people are ordering or signing up for stuff


      (Impressions) x CTR = (Clicks) x Conv-% = (Conversions)
34
                  Social Media
Social media is more than just marketing…
                    •   Members                                                       •   Leads
                    •   Visits             Community
                                            Building
                                                                     Event
                                                                    Marketing         •   Registrations
                    •   Posts                                                         •   Shares



      •   Tickets resolved      Customer                   Social                   Brand     •   Mentions
                                 Service                                          Awareness
      •   NPS                                              Media                              •   Influencers



                •   Roadmap items              Social               Participant
                                                                    Experience
                                                                                      •   Feedback items
                                            Intelligence
                •   Data points                                                       •   Return customers


                                               …and there are metrics for every piece.
35
                        Social Media
Credit: AMC




     “(Tomorrow’s marketers) will need to predict the future by leveraging
     insights, interpreting trends and mining data to consistently develop products
     and services consumers never really knew they needed or wanted.”
                                              - Andrew Hayes, CEO/CMO Recruiter
36
                    Social Media
EXERCISE #1
        1,217 clicks
     / 50,047 people saw this
     ---------------------------------
     0.0243 = 2.43% CTR

         177 registrations
     / 1,217 clicks -----------------
     ----------------                    - 1,217 clicks
     0.1454 = 14.54% Conv-%              - 177 registrations
37
                   Social Media
EXERCISE #2
         496 clicks
     / 5,879 people saw this
     ---------------------------------
     0.0844 = 8.44% CTR

        76 registrations
     / 496 clicks -------------------
     --------------
     0.1532 = 15.32% Conv-%              - 496 clicks
                                         - 29 registrations
38
                   Social Media
Thank you!
                    @JustinRamers

39
     Social Media

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Measuring the impact of social media brand aid

  • 1. MEASURING THE IMPACT OF SOCIAL 1 @JustinRamers, Director of Digital and Social Media Social Media
  • 2. Justin Ramers Director of Digital and Social Media ACTIVE Network Twitter: @JustinRamers LinkedIn: http://www.linkedin.com/in/ramers Hashtag: Email: justin.ramers@activenetwork.com #BrandAidTX 2 Social Media
  • 3. We are the technology that powers events. Deep expertise in event and participant management. 3 Social Media
  • 4. Right here… …right now. 4 Social Media
  • 5. STRATEGY BEFORE TACTICS Business Goals Marketing Strategy Social Media Strategy Social Media Tactics Tools & Metrics 5 Social Media
  • 6. Social media is more than just marketing… Community Event Building Marketing Customer Social Brand Service Awareness Media Social Participant Intelligence Experience …and data is critical to every piece. 6 Social Media
  • 7. SOCIAL OPPORTUNITIES (PHASE) 1 Build Awareness (Discovery) Generating high-quality leads from social media Leverage Word of Mouth (Purchase) Social sharing during and post-registration 2 7 3 Increase Engagement (Participation) Extending engagement before, during and after event Social Media
  • 8. 1. Build Awareness 8 Social Media
  • 9. 9 Social Media
  • 10. Opportunity to Connect 10 Social Media
  • 11. Authenticity 11 Social Media
  • 12. 12 Social Media
  • 13. Relevance 13 Social Media
  • 14. CREATING ENGAGEMENT 14 Social Media
  • 15. DAILY OPERATIONS ― Identify internal delegates ― Create a crisis communication plan ― Create a content calendar ― Require the use of scheduling tools ― Shorten & track all links ― Collect & report on key data points monthly 15 Social Media
  • 16. Inbound marketing costs 61% less per lead 16 Social Media
  • 17. A “Fan” alone is not a metric… Value/Fan justifies acquisition efforts. 17 Social Media
  • 18. VALUE PER FAN/FOLLOWER $0.160 $0.140 $0.120 $0.100 $0.080 Facebook Twitter $0.060 $0.040 $0.020 $0.000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul 18 Social Media
  • 19. 2. Leverage Word of Mouth 19 Social Media
  • 20. CREATING A VIRAL LOOP Traditional Funnel Share Viral Loop Credit: Adobe 20 Social Media
  • 21. 12.4% Register 21 Social Media
  • 22. 11.1% conversion rate Your customers have joined your communications team 22 Social Media
  • 23. A 1% increase in share rate = 18,540 additional sharing actions A B 23 Social Media
  • 24. 3. Increase Engagement 24 Social Media
  • 25. Unless you’re getting married, “engage ment” is not a metric. 25 Social Media
  • 26. 26 Social Media
  • 27. 27 Social Media
  • 28. EXTENDING ENGAGEMENT Extend the event lifecycle by creating engagement before, during and after an event. Social metrics: • Registrations • Visits • Content downloads • Posts • Shares • Video views • Time on site 28 Social Media
  • 29. HASHTAGS Bridge the gap between offline and online by using hashtags to capture engagement Hashtags should be: • Short • Memorable • Reiterated frequently 29 Social Media
  • 30. Measuring and Reporting 30 Social Media
  • 31. Real data driving real business decisions. $0.72 Value per Fan $0.45 Value per share $0.61 Cost per acquisition 17.3% Facebook share rate Visits from social: 910,000+/month Incremental registrations from social: 17K+/month 31 Social Media
  • 32. GOALS AND METRICS Goal Metrics Drive participation Leads, registrations, shares Provide more value for sponsors Social impressions, social mentions, booth check-ins Provide excellent customer support Support tickets resolved, mentions responded to Enhance the participant experience Feedback items, % return attendees Build community Account setups, visits, number of posts Build/strengthen brand Mentions, influencers identified, hashtag uses Understand demand in new and existing markets Repeat registrants, time to sellout 32 Social Media
  • 33. Jan Feb Mar Apr Total Fans 367,378 398,092 429,201 463,379 Fans Added 39,865 34,618 34,248 37,571 Paid 28,296 25,835 24,825 23,629 Fan Acquisition Organic 11,569 8,783 9,423 13,942 Paid % 71.0% 74.6% 72.5% 62.9% Audience Unsubscribes 3,022 2,732 3,139 3,393 UnSub-% Net New Fans 0.82% 36,843 0.69% 31,886 0.73% 31,109 0.73% 34,178 Acquisition Goal 29,910 40,636 26,937 21,043 Index 1.23 0.78 1.15 1.62 # of Posts 707 707 707 707 Impressions 46,248,837 31,622,999 38,434,410 39,120,789 Impressions/Post 65,416 44,728 54,363 55,334 Results Performance Visits 187,048 149,203 274,249 276,017 CTR 0.40% 0.47% 0.71% 0.71% Page Views 414,743 417,478 671,412 610,923 & Value Transactions 690 373 687 3,128 On-site Value $13,921.33 $12,164.22 $20,064.14 $32,648.15 Value/Fan $0.04 $0.03 $0.05 $0.07 Paid Fans 28,296 25,835 24,825 23,629 Ads ROI Acq Cost CPA $13,949.95 $12,600.00 $13,876.54 $13,499.89 $0.49 $0.49 $0.56 $0.57 Cost Annualized ROI -$1,083.05 -$3,126.93 $49.58 $6,477.96 33 Social Media
  • 34. THE 3 ESSENTIAL DATA POINTS 1. Impressions How many people are seeing the posts I’m making 2. Clicks How many visits I’m getting from each of my posts 3. Conversions How many people are ordering or signing up for stuff (Impressions) x CTR = (Clicks) x Conv-% = (Conversions) 34 Social Media
  • 35. Social media is more than just marketing… • Members • Leads • Visits Community Building Event Marketing • Registrations • Posts • Shares • Tickets resolved Customer Social Brand • Mentions Service Awareness • NPS Media • Influencers • Roadmap items Social Participant Experience • Feedback items Intelligence • Data points • Return customers …and there are metrics for every piece. 35 Social Media
  • 36. Credit: AMC “(Tomorrow’s marketers) will need to predict the future by leveraging insights, interpreting trends and mining data to consistently develop products and services consumers never really knew they needed or wanted.” - Andrew Hayes, CEO/CMO Recruiter 36 Social Media
  • 37. EXERCISE #1 1,217 clicks / 50,047 people saw this --------------------------------- 0.0243 = 2.43% CTR 177 registrations / 1,217 clicks ----------------- ---------------- - 1,217 clicks 0.1454 = 14.54% Conv-% - 177 registrations 37 Social Media
  • 38. EXERCISE #2 496 clicks / 5,879 people saw this --------------------------------- 0.0844 = 8.44% CTR 76 registrations / 496 clicks ------------------- -------------- 0.1532 = 15.32% Conv-% - 496 clicks - 29 registrations 38 Social Media
  • 39. Thank you! @JustinRamers 39 Social Media