social media marketing plan and roi

23
presented by Lindsey Fair social media marketing plan and ROI show me the money..

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Page 1: Social Media Marketing Plan and ROI

presented by Lindsey Fair

social media

marketing

plan and

ROI

show me the money..

Page 2: Social Media Marketing Plan and ROI

objectives

Page 3: Social Media Marketing Plan and ROI

what problems are you solving?

1.word-of-mouth2.complexity3.hide-and-seek

Page 4: Social Media Marketing Plan and ROI

smart goals

Page 5: Social Media Marketing Plan and ROI

people

Page 6: Social Media Marketing Plan and ROI

is there love out there?

Page 7: Social Media Marketing Plan and ROI

where do you find them?

Page 8: Social Media Marketing Plan and ROI

Find the active customers.

advice..

Page 9: Social Media Marketing Plan and ROI

strategy

Page 10: Social Media Marketing Plan and ROI

the details

messaging

timing

community building

engagement

rewards

Page 11: Social Media Marketing Plan and ROI

Start small, plan big.

advice..

Page 12: Social Media Marketing Plan and ROI

technology

Page 13: Social Media Marketing Plan and ROI

Listening Talking Energizing Supporting Embracing

Page 14: Social Media Marketing Plan and ROI

action

Page 15: Social Media Marketing Plan and ROI

Plan to drive traffic.

advice..

Page 16: Social Media Marketing Plan and ROI

Let the customers lead.

advice..

Page 17: Social Media Marketing Plan and ROI

OObjectives

PPeople

SStrategy

TTechnology

AAction

ROIROI

Page 18: Social Media Marketing Plan and ROI

Cost Per Postcost of campaign / # of posts

$2500 for staff time/250 posts $10 per post (PP)

Page 19: Social Media Marketing Plan and ROI

Cost Per Response

cost of campaign / # responded

$2500 for staff time /65 likes$ 38.46 per post (PP)

Page 20: Social Media Marketing Plan and ROI

Campaign Profitcost of campaign - revenue

$ 90 $3 discount x 30 customers = opportunity costs $2500 total campaign expenses $2590 total cost of campaign -$180 $6 revenue x 30 customers = generated revenue from campaign

$ 2410 gross profit / loss

Page 21: Social Media Marketing Plan and ROI

ROI (Return on investment)

$1500 $50 revenue x 30 customers = revenue from all related sales $2590 total cost of campaign

-$1090 ROI

Page 22: Social Media Marketing Plan and ROI

Lifetime Value of a Customer(LVR / PAR)

(5 x 3) *50 = $750 + $9 = $759• average customer comes 5x /yr for 3 yrs, spends $50•Plus the costs to do a campaign to replace that customerAnd to really send it home $759 x 30 = $22,770 value of this campaign

Page 23: Social Media Marketing Plan and ROI

All photos used in this presentation are licensed

under Creative Commons, NonCommercial-ShareAlike

3.0 and sourced through Google Images and flickr