social media marketing plan and roi
TRANSCRIPT
presented by Lindsey Fair
social media
marketing
plan and
ROI
show me the money..
objectives
what problems are you solving?
1.word-of-mouth2.complexity3.hide-and-seek
smart goals
people
is there love out there?
where do you find them?
Find the active customers.
advice..
strategy
the details
messaging
timing
community building
engagement
rewards
Start small, plan big.
advice..
technology
Listening Talking Energizing Supporting Embracing
action
Plan to drive traffic.
advice..
Let the customers lead.
advice..
OObjectives
PPeople
SStrategy
TTechnology
AAction
ROIROI
Cost Per Postcost of campaign / # of posts
$2500 for staff time/250 posts $10 per post (PP)
Cost Per Response
cost of campaign / # responded
$2500 for staff time /65 likes$ 38.46 per post (PP)
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
ROI (Return on investment)
$1500 $50 revenue x 30 customers = revenue from all related sales $2590 total cost of campaign
-$1090 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
All photos used in this presentation are licensed
under Creative Commons, NonCommercial-ShareAlike
3.0 and sourced through Google Images and flickr