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“Are My Social Media Efforts Effective?” Social Media Marketing Analytics

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Page 1: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

“Are My Social Media Efforts Effective?”

Social Media Marketing Analytics

Page 2: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

What Are My Goals?

What is Engagement and am I Doing it Right?

Am I Getting Quality Website Visitors?

Is My Content Any Good?

Am I Generating Leads & Sales?

Page 3: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

“Show Me Data”

Page 4: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Let’s Offer Some Insight!

Page 5: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Agenda

• Twitter Metrics

• Facebook Metrics

• Google Analytics

• Shout Outs: Listening Platforms

Page 6: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Rules

• Success is Arbitrary; all businesses are different. Begin with benchmarks, then improve them

• Formulas and KPIs are just numbers; taking action to improve business is the goal of any “marketing”

• Track conversions. You’re in this to make money; prove to management social’s contribution

Page 7: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Gather the Following (Monthly) Number of Followers Active Followers Tweets Mentions Retweets Received Retweets Given @Replies Tweets Favorited Number of Clicks from Original Content

Page 8: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Is My Message Relevant to Followers?

• Active Followers/ Total Followers x 100 = Engaged Follower Rate

– Active Followers: Number of followers who retweeted you or mentioned you in a tweet

40/1000 x 100 = 4%

Page 9: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Am I Engaging with Followers?

• (Retweets Given + @replies) / Followers x 100 = Conversation Rate

(100+ 30)/1000 x 100 = 13%

Page 10: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Is My Content Relevant?

• Retweets Received / Tweets x 100 = Amplification Rate

60 / 1000 x 100 = 6%

Page 11: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Is My Content Influential?

• (Mentions + Retweets Received + Favorited Posts)/ Tweets = Content Influence Rate

(120 + 60 +10)/ 1000 x 100 = 19%

Page 12: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Did My Original Content Attract Website/Blog Visitors?

• Original Content Post Clicks / Total Original Content Posts = Clicks per Post

463 /2 = 232

Page 13: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Twitter Metric Dashboards

Page 14: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Have Fun With Twitilyzer

Page 15: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Gather the Following (Monthly) Number of Page Fans Lost Fans Organic Page Impressions Viral Page Impressions Posts Post Likes, Comments, Shares Consumptions (Post clicks, link clicks, video clicks, photo clicks)

Page 16: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Is My Page Growing?

• (New Fans-Lost Fans) / Previous Period New Fans = Fan Growth Rate (100-10)/80 = 12%

Page 17: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Are My Posts or Page Content Viral?

• PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)/ Organic Reach) x 100 = Virality Rate

4,000 / 190,000 x 100 = 2.10%

– Organic reach: The number of unique people, fans or non-fans, who saw this post in their news feed, ticker or on your Page.

– Viral reach: The number of unique people who saw this post from a story published by a friend.

Page 18: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Is My Content Being Shared?

• # of Shares/ # of Posts= FB Amplification Rate

100 / 60 = 1.66, aka shares per post

Page 19: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Are My Fans Engaging with my Posts?

• PTAT + Consumptions (Clicks or Views of Links in Posts) / Fans x 100 = Fan Engagement Rate

2,000 + 500 / 7,500 x 100 = 33%

Socialbakers research

Page 20: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Is My Content Relevant • (Likes + Comments + Shares)/ Fans x 100 =

Post Engagement Rate

1,600 / 7,500 x 100 = 21%

Photo Video Text Link

Page 21: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Measure and Tag Posts with Page Lever

Page 22: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)
Page 23: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Have Your Conversion Goals Set Up

eCommerce-Purchase Lead Generation- Trials/Content

Page 24: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Create Advanced Segment

Page 25: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Is Social Media Generating Conversions?

Page 26: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Does Social Media Contribute to Other Channel Conversions? (Attribution)

Lead Gen Site

eCommerce Site

Page 27: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Which Channels Bring More Engaged Traffic to Your Site/Blog?

Page 28: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

How Does Social Media Engagement Metrics Compare to Other Channels?

Page 29: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

What is the Value of a Social Media Transaction?

Page 30: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

What is the Conversion Rate of Social Media Versus Other Channels?

Page 31: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

ROI: eCommerce

• Gather: Platform Costs, Ad Costs, Content Costs, Time Costs*, Consultant Costs*, Revenue generated (Option- add LTV)

• (Revenue-Costs)/Costs = Return on Investment

• * Depending on philosophy, feel free to eliminate these items.

Page 32: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Lead Gen Sites: Cost Per Conversion

• Gather: Platform Costs, Ad Costs, Content Costs, Time Costs*, Consultant Costs*, Conversions (Last)

• Costs/Conversions = Cost Per Conversion

Page 33: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Shout Out: Social Snap

Page 34: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

“OK- Let’s Invest More Into Social”

Page 35: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Listening and Reputation

Page 36: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Shout Out:

Page 37: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Daily Monitoring Emails

Page 38: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Shout Out:

Page 39: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Have a Dashboard?

I’ll help you develop and manage a custom dashboard

Page 40: Social Media Metrics & Analytics Guide - NuSpark Marketing · Are My Posts or Page Content Viral? •PTAT (Likes, Shares, Comments- Activity that shows in newsfeeds, a k a Stories)

Questions? Need Help? • Contact Paul Mosenson of NuSpark

Marketing • [email protected] • 610-604-0639 • www.nusparkmarketing.com • @nusparkmktg

Happy to Help! That’s my Job!