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  • 7/30/2019 Wildfire on the ROI of Social Marketing

    1/15

    WHY SOCIAL MARKETING WILL

    DELIVER A POSITIVE ROI FOR YOUR

    BRAND

    How to use social media marketing to meet concrete

    business objectives

  • 7/30/2019 Wildfire on the ROI of Social Marketing

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    Whitepaper | Why Social Marketing Will Deliver a Positive ROI for Your Brand

    Contents

    executive summary . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . 1

    introduction. . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . 2

    the numbers and backstory . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . 2

    W ? . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . 2

    Howdoessocialmediainuenceuserstorecommend

    ?. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . 2

    Where your brand Wins With social media . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . 3

    3PhasesofSocialMarketingforBrands . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. 3

    GroW. . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . 3

    Whatdoconsumersexpectwhenbecomingafan?. . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. 3

    AdoptthesesocialmediamarketingtipsandGROWafancommunityaroundyourbrandwith

    targetedadvertisingandoers . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . 3

    GROWdoneright . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . 5

    enGaGe . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . 6

    Earnedmediaisthekeytounlockingthepowerofsocialforyourbrand . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . 7

    AdoptthesesocialmediamarketingtipsandENGAGEusinganunprecedentedunderstandingofusers7

    enGaGe f roi . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . 8

    monetiZe. . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . 9

    AdoptthesesocialmediamarketingtipsandMONETIZEusingthesocialsalesdimension . . . . . . . . . . . . . . . . . . . 9

    MONETIZEtoConvert. . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . 11

    conclusion . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . 12

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    exeCutive summary

    WhilemostmarketingchannelshavestandardizedmethodsforcalculatingROIorvalue,other

    channels,likesocialmedia,canbehardertoquantify.Wecompiledthisreporttohelpyoubetter

    understandhowsocialmediadeliversonrealbusinessobjectives,andhowtogetthemostvalue,

    andhighestROI,fromyoursocialmarketingeorts.Accordingtoaseriesofrecentstudies,earnedmedia,whichistheunpaidpublicitycreatedbyusers

    aboutyourbrand,istheuniquebenetofsocialmediamarketing.Itdeliversincrediblyhighvalueto

    brandsbecauseitisbasedonatrustedrecommendationbetweenfriends,andsocialmarketingmakes

    itpossibleforyourbrandtoseedthecreationofthismedia...atscale.

    Infact,arecentstudyconductedbyFacebookandComScoredeterminedthatexposuretoearned

    mediahadsignicantpositiveimpactonpurchasingbehavior:

    Starbucksfansandfriendsoffansdemonstrateda38%liftinpurchasebehaviorwithin4weeks

    ofexposuretoearnedmedia

    Targetfansandfriendsoffanswere21%morelikelytopurchaseinTargetinthefourweeks

    followingexposure

    Thefactsaresimple:themoreearnedmediayourbrandgeneratesthroughengagingwithfans

    andfollowersinsocialmedia,thehigheryourROIwillbe.Withinthispaper,wediscussthethree-

    phasesocialmediacycleforbrands.Wellfocusonhowtounlockthepotentialofearnedmedia,

    extendedreach,andhigherconversionsinsocial.Wellalsoreviewtheuniqueapproachessix

    brandshavetakentoreachingacommonoutcomeofpositiveROIinsocial.

    CONTROL TEST

    4.5%

    4.0%

    3.5%

    3.0%

    2.5%

    2.0%

    1.5%

    1.0%

    0.5%

    0.0%

    FANS FRIENDS OF FANS COMBINED

    3.3%

    4.0%

    3.3%

    3.9%

    3.0%

    3.8%

    +19% +27% +21%

    Target: Exposure to Earned Media on Facebook Drives 21%Lift in Online and Offline Purchases

    Earned media, driven by social media networks like Facebook, has an incredible eect pc .

    Csc f f c ( f f f, c ) p -f.

    FANSIndex of 100 = Segment spend as much,on average, as thegeneral population

    FRIENDS OF FANS

    250

    200

    150

    100

    50

    0AMAZON BEST BUY TARGET WALMART

    209

    108

    231

    204 197

    151 160

    116

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    Whitepaper | Why Social Marketing Will Deliver a Positive ROI for Your Brand

    2

    Whereareyourconsumers(bothcurrentandpotential)

    spendingtheirtime?Themostcurrentnumbersdepicting

    activepopulationsofusersonsocialnetworksarestaggering.

    Facebookisthelargestnetworkwith901MMusers.When

    Facebooksuserbasegrowstoonebillionuserswhichitwil

    doshortlytheactiveuserpopulationwillberepresentativeone-halfoftheworldsinternetusers!

    IfoneineverytwopeopleintheWorldthathasaninternet

    connectionisalsoaFacebookuser,howcanyouaordtoden

    thevalueofsocialmediatoyourmarketingstrategy?

    Furthermore,socialprolesarebeginningtooutpacebranded

    websitesasthego-tolocationsforuserinteractionwithabran

    Infact,accordingtoComScore,theSkittlesbrandwebsite(ww

    skittles.com)attracted23,000U.S.uniquevisitorsinMarch20

    whiletheSkittlesbrandpageonFacebook(www.facebook.com

    skittles)attracted320,000visitors.Thats14timesasmanyvis

    toSkittlesonFacebookastoSkittles.com.Manybrandsare

    seeingthissametrend.

    How does social media inuence users to recommend

    and buy?

    [Figure 1.1: MarketForce study analyzing inuence of social media on user actions.]

    Howareusersaectedbysocialmedia?Doeshavingamassiv

    populationofconsumerscongregatingandinteractingwitha

    socialnetworkinuencetheiractionsinanyway?Greatnews:

    itdoes,andverysignicantly.Accordingtoastudyof12,000

    consumersconductedin2012byMarketforce:

    80%ofusersclaimthatbecauseofsocialmedia,Iammore

    likelytotrynewthingsbasedonfriendssuggestions.

    Inadditiontotryingnewthings,72%arealsomoreproneto

    switchingsidesandmakingrecommendationstoencourage

    theirownfriendstotrynewproducts.

    Youmaystillwonder:but,aLikeisnotapurchase,or

    thatfansaredierentfromcustomers.Furtheranalysisby

    Marketforceanalyzestheimpactofsocialmediaonpurchasin

    decisions,specically:

    81%ofrespondentsindicatethatpostsbyfriendsdirectly

    inuencetheirpurchasedecision.

    78%ofrespondentsindicatethatpostsbycompaniesdirect

    inuencetheirpurchasedecision.

    introduCtionThemostpressingquestioninthesocialmediamarketing

    industryrevolvesaroundROI.Whatisthereturnoninvestment

    ofmysocialmediainitiatives?Whatisthevalueofasocial

    FacebookfanorTwitterfollower?WhilethedenitionofROI

    (revenueminusexpenses/expenses)isfairlystraightforward,understandinghowtomeasurethevalueofsocialmarketing

    roi .

    ROIcanonlybedenedwhenyouunderstandwhatresults

    providevaluetoyourbrand.Afterall,thereturnofanewLike

    onFacebookisincalculableunlessyouvealreadyassigneda

    valuetoLikes(fans,comments,oranyotheractivity).

    ROIisameasureofvalue.Whatvaluedoessocialbringtoyour

    brand?First,wewilllookatavarietyofsocialmediamarketing

    studiesinordertounderstandthebevyofwayssocialcanlift

    yourbrand.Next,wewillexplorethesocialmediamarketing

    successcycle,a3-phasemodelofgrowth,engagement,and

    monetization.Finally,noreportonROIwouldbecomplete

    withoutreal-worldexamples.Withineachsuccessphase,we

    haveincluded2casestudiestounderstandhowthesebrands

    structuredtheirsocialmarketingapproachestoresultin

    positiveROI.

    the numbers and baCkstoryTounderstandtheuniqueopportunitiesforbusinesssuccess

    oeredbysocialmedia,weneedtohaveanunderstanding

    ofthesocialmarketinglandscape.Whereareusersspending

    theirtime,whataretheydoing,andhowaretheseactivities

    impactingtheirinteractionswithbrandsandbusinesses?

    Where are your consumers?

    [Figure 1.0: Active Users Across Social Networks.]

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    GrowInthegrowthphase,yoursuccessmetricisverysimplefan

    count.Whenthegoalsyousetsoundlikethefollowing,youre

    growthmode:

    5,000newfansbytheconclusionofthispromotion 15%increaseinthefanbasebyQ3

    Doublethefanbasebytheendoftheyear

    Inordertogrowyourfanbaseandrecognizesomeofthe

    businessbenetsoutlinedabove,itisnecessarytounderstan

    whatusersarethinkingwhentheycommittheiranitytoyou

    brandonasocialnetwork.

    What do consumers expect when becoming a fan?

    Socialnetworkuserscanbeprettyexplicitaboutwhattheir

    expectationsareofbrandsinexchangeforcommittingtoLik

    orfollow.InarecentstudyconductedbyLithium,inconjunctiwiththeChiefMarketingCouncil,whenconsumerswereaske

    whattheyexpectwhenbecomingafanorfollowerofabran

    thetop3expectationsare:

    1. Tobeeligibleforexclusiveoersandcontent(67%)

    2. Tointeractwithothercustomersandsharemy

    experience(60%)

    3. Tondgames,promotions,andotherunique

    experiences(57%)

    Understandingusersexpectationsisanimportantfactorin

    shapingyoursocialmarketingstrategy.Ifyoucanmeetor

    exceedthoseexpectations(bearinggiftsofexclusivecontent,oers,promotions,andinterestinginteractions)youcan

    stimulatethegrowthofanactiveandengagedcommunity.

    Oncethefanbaseisactivatedandtruststhebrand,youcan

    unleashmonetizationinitiatives.Thistri-phaseapproach

    tosocialmarketingisconsistentforallbrandsonceyou

    understandthethreedistinctphasesofsocialmediamarketin

    youcancatereveryplannedinitiativetoalignwiththegoalsa

    successmetricsrelevanttoit.

    Adopt these social media marketing tips and GROW a fan

    community around your brand with targeted advertising

    and oers

    Theadoptionofsocialmediamarketingintoyourorganization

    createsmanybusinessbenets.Herearethreetipsforhowto

    usesocialmediamarketingtoachievegrowthofyourbrand

    throughsocialchannels.

    Usersarelistening,andtheypayattentionandreacttothe

    thingstheyhearviasocialmedia.

    Ifthisremarkablyactiveandengagedcommunityofusers

    doesntconvinceyoutotakeactionwithsocialmediamarketing,

    thenthesestatisticswill: 42%ofusersclaimthatbecauseofsocialmedia,theyare

    morelikelytoshareanynegativeexperienceswithbrandsor

    products.

    32%saytheyaremorelikelytonotbuycertainproducts

    because[they]learnedofanegativecustomerexperience

    throughsocialchannels.

    Thepowerofsocialmediaisindisputable.Ifyourbusiness

    hasntbeenconvincedofthevalueyet,theguresabove

    demonstratethatbeingamarketinglaggardcanhurtyour

    brandconsumershavedeclared(andquitepublicly)thatthey

    arecomfortablewithhavinginteractionsaboutbrandsusing

    socialmedia.Ifyourbrandisntapartoftheseconversations,

    usersarecontenttohavethemwithoutyou,leavingyouwith

    littlecontroloverthetonetakenbythecommunityorthe

    messagesbeingspreadaboutyourbrand.

    where your brand wins with soCial mediaTheremainderofthepaperwillfocusonunderstandingtheexpectationsoftheseusersandhowyourbrandcanapproach

    thoseexpectationsfromtheframeworkofthe3phasesofsocial

    marketing.Bywalkingthroughthevarietyofbusinessbenets

    socialmediamarketingoersyourbrand,wewilllayasolid

    foundationforunderstandingwhereyoucandrawpositiveROI

    fromsocialmarketing,bothimmediatelyandinthelongterm.

    3 Phases of Social Marketing for Brands

    Overthepast250,000+socialmediamarketingcampaignsthat

    Wildrehaspoweredforover15,000customers,wehaveseen

    thatsocialmediamarketinginitiativescanbeseparatedinto

    3phases.These3phasesarecyclical,anditisimportanttorecognizewhichphaseyourimmediatemarketinggoalsaddress

    toknowhowtoscoreyourselfattheconclusionofyour

    campaignsandtomeasureROI.

    [Fg 2.0: sc g pc g 3 cccphases.]

    42% of users claim that because of

    social media, they are more likely to

    share any negative experiences with

    brands or products.

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    Whitepaper | Why Social Marketing Will Deliver a Positive ROI for Your Brand

    4

    thecompanyonthenetworkbyutilizingcontentcreatedfor

    awomensleadershipgroupsponsoredbyCiti.Finally,the

    YouTubeadvertisementsthatshowupwhenausersearchesf

    makeuparetwovideosaboutmakeup,createdasrealconte

    forpopularbrandsMACandClinique.

    2. Run exclusive promotions and special oers, catered to new

    fans and friends of fans, encouraging viral spread.

    Usershavedeclaredwhattheywantfromyourbrandwhen

    theyjoinyouasafollower(seepage3)accesstospecial

    promotions,exclusiveoers,specialcontent,andthelike.

    Socialmediaenablesyourbrandtogrowcommunitiesaround

    thisspeciallydevelopedcontent,andinmostcases,gatetha

    contentexclusivelyforusersthatselectivelyenterthroughthe

    gatebybecomingafan.

    ChevysFreshMexdemonstratesonestrategyforaddressing

    thisopportunity:runningapromotiononitsFacebookpage

    thatawardsprizestowinnersdaily.Thispresentstheuserwithareasontoreturntothefanpageoften,evenafter

    becomingafan(whichhehadtodoinordertoenteratall)

    hedidntwintoday,hemaytrytomorrow,ashisoddsarenot

    .

    [Fg 3.1: C F m p, cgg cbecoming a fan in order to participate, and return often to keep trying to win.]

    3. Systematize growth by launching the same campaigns across

    all social networks, maximizing coverage and integrating your

    social marketing eorts.

    Keepingaconsistentmarketingmessage,theme,tone,and

    purposeacrosseverymarketingchannelisadicultbut

    rewardingtaskthat,whenexecutedproperly,resonatesincredib

    wellwithusers.Howcanyoutell?Companiesthatmanage

    theirintegratedmarketingstrategysuccessfullytendtohave

    theirmessagestick.Forexample,accordingtoBusinessWeek,

    mostpeople,whenpolled,areabletoinstantlyrecallthebrand

    associatedwiththefamoussloganJustdoit.SameforThink

    dierent,andYoureingoodhands.Howdidyoudo?

    Integrationofyourbrandsmarketingmessageshouldspan

    acrossallthesocialprolesyourbrandmaintains.Social

    1. Use a paid content strategy to drive new trac to your brand

    in addition to word of mouth.

    Themajorsocialnetworks,includingFacebook,YouTube,

    LinkedIn,andTwitter,haverobustadvertisingplatformsbuilt

    intothemarketingexperience.Socialmediamarketingismovingtheindustrywithaconstantlyevolvingadvertising

    formatwhereinthecontentisthead.Eachsocialnetwork

    enablesbrandstocreateadvertisingoutofusergenerated

    content,enablingtheendorsementofearnedmedia.This

    considerablyincreasesreach,creatingascalablewayto

    promotedigitalwordofmouth.

    [Fg 3.0: sc g p f f pmedia, where the content is the ad.]

    Inthethreeexamplespictured,eachsocialnetworkuses

    contentcreatedorsubmittedbyusersaspartoftheadvertising

    endorsement.Nestlepromotesapostthatwaspublishedto

    itsfanpagewall,alongsideanexplicitendorsementofthe

    brandbyfriendsofthispapersauthor.Starbuckspromotes

    atweetoriginallycreatedbyuserbradnelson.LinkedIn

    allowsCitithecapabilityofadvertisingasocialconnectionto

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    GROW done right

    Study,theory,andanalysisisonething,butrealworld

    applicationisthecherryonthesundae.Thefollowingtwo

    examplesdemonstratecompaniessuccessfullycreatingposit

    ROIwithsocialinitiativesintheGrowthphase.

    CanvasPop

    who:CanvasPopisacanvasphotoprintingservice.A

    customercanuploadaphotooranytypeofimage,and

    CanvasPoprendersitoncanvas,creatingartworkthatcan

    behung.

    what: CanvasPopwantedtorunagrouppromotiononit

    Facebookpagetobuildbrandengagementbyencouragin

    fanconversationandpromotingcontentsharing.The

    companyalsosoughttomonetizeitsFacebookfanbase

    withitsgroupdealbyoeringdiscountsonCanvasPop

    products,exclusivetoitsfanbase.

    UsingWildre,CanvasPopranathree-daySummerGroup

    Deal.SimilartoaGroupon,thisapplicationoeredupan

    exclusive-to-Facebookrateof55%oacanvasprintjob,b

    onlyifthegroupdealthresholdwasreached.CanvasPop

    aimedtosell20commitmentsoverthethreedays.

    result: Theresultsofthepromotionwentwayoverthis

    thresholdCanvasPopendedupselling513 deals in jus

    three days.ThebuzzaroundthedealledtoCanvasPops

    Facebookpageseeingnearly3,000visits,whichalsodrov

    signicantamountoftractoitswebsite.

    Aninterestingsidenoteisthatoverthethreeday

    promotion,CanvasPopwon700newfans.Thisis

    particularlyintriguingbecauseitwasnotmandatoryto

    marketingsoftwarewillenablebrandstolaunchandreplicate

    brandingeortsquicklyandeciently,acrossallrelevant

    networks,thatareconsistenttotheintegratedmarketingplan.

    SoDelicious,adairy-freedessertandmilkalternativebrand,

    executedawellintegratedmarketingplanover100daysin2011.Thethemewas100daysofchange,promotinghealthful

    lifestylesandnutritionalchoices,withcelebritytnessguru

    JillianMichaelsasthespokespersonforthecampaign.So

    Deliciousdeployedtheintegratedcampaigninaconsistent

    manneracrosstraditional,digital,andsocialmarketing,

    includingtheprint,localevent,productdesign,andFacebook

    campaignsdepictedhere.Theresultsofthesocialmedia

    componentoftheSoDelicious100DaysofChangeinitiative

    areincludedasacasestudyinthenextsectionofthispaper.

    [Fg 3.2: s dc 100- g g g cpg 100 d f Cg. t cpg p pc g, ,demonstrates the integrated message, creative, and tone across channels.]

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    Whitepaper | Why Social Marketing Will Deliver a Positive ROI for Your Brand

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    result:FueledinpartbySoDeliciousconcurrent

    integratedadvertisingcampaign,the100DaysofChange

    giveawaywasanincrediblesuccess.Overthethree-mont

    promotionperiod,SoDelicioussawasignicantreturnon

    itsinvestment:it experienced two of its most successfu

    sales days ever, and ultimately increased its categoryshare by 60% and sales units by 74%. s d

    enjoyedasizablegrowthinitsFacebookfanbasewhich

    grewbymorethan1,000%.Intotal,100DaysofChange

    received322,664entries,averaging3,226entriesperday.

    enGaGeEngagementisanentirelydierentanimalthangrowth.We

    oftenndthatourclientsdevotealotoftimetoplanning

    outintricatecampaignplansforgrowingtheirfanbase,but

    neglecttoplanappropriatelyfortheengagementphase.Lack

    engagementinitiativesmeansfanshearlessfromyouandha

    littlereasontoreturntoyourpage.Lessengagedfanstransla

    tolessreach.Themorefansyoulosetodisinterest,theless

    fansthatultimatelyseeyourmessaging,duetothefactthat

    Facebookscontentsortingalgorithm(calledEdgeRank;read

    moreabouthowitworks)allocatesreachlargelyinline

    withhowengagingyourbrandis.

    Successfulengagementinitiativesresultinsignicantbusines

    benetsincluding:

    Increasedword-of-mouth

    Increasedearnedmediabenets

    Brandliftandincreasedawareness

    Brandadvocacyandloyalty

    Themostvaluablebusinessbenetthatemergesfromsocial

    mediamarketingisearnedmedia.Tounderstandwhy,its

    importanttounderstandthattherearethreetypesofmarket

    content:Paid, Owned, and Earned. sf w

    socialprolepagesburstingwithcompellingcontentandactiv

    communityconversations.Theydrivetracandattentionto

    theseownedpropertieswithacarefullyplannedpaidmedia

    strategy,craftingadvertisementstoemphasizeandinuence

    avarietyofend-useractions.Andhopefullybrandsaregetting

    earnedmediaaswell:thisisthecoverageyoucantbuy,and

    includesmentions,recommendationsandsharesgeneratedb

    userswhoaresoengagedbyyourbrandedcontentthattheycompelledtoshareitwiththeworld(or,theirrespectivesocia

    networkworld).Andwhen90percentofinternetuserssaytha

    theyndarecommendationfromafriendtrustworthy(Nielse

    brandswantalltheearnedmediatheycanget.

    becomeafaninordertotakepartinthespecialdeal

    whatlikelyhappenedinsteadisthatusers,excitedby

    thegreatvalue,committedtheirLiketoCanvasPop,

    subscribingthemselvestotheinsidersclubofFacebook

    fansinordertobeonthelistoffolkstondoutvianews

    feedupdatesthenexttimeadeallikethiswasoeredup.

    So Delicious

    who: TurtleMountainLLC,aprivatelyheldnaturalfoods

    companyheadquarteredinOregon,isthecreatoroftheSoDeliciousDairyFreebrand.TheSoDeliciousbrandincludes

    dairyfree,soy,andcoconut-basedproductssuchasmilk,

    yogurt,andicecream.

    what:SoDeliciouscollaboratedwithSterling-RiceGroup

    todesignits100DaysofChangeWildregiveaway.So

    Deliciouswantedtoencourageuserstoembraceand

    celebratepositivepersonalchange,createnewbrand

    advocates,andexpanditsfanbase.Toattractandinteract

    withawideaudience,SoDeliciouspairedits100Daysof

    Changesocialpromotionwithacomprehensiveintegrated

    printandpoint-of-saleadvertisingcampaign.

    SoDeliciousranaseriesofdailysweepstakesencouraging

    userstoembracepositivepersonalchangeandfollowthe

    leadofSoDeliciousbrandspokespersonandhealthand

    wellnessexpert,JillianMichaels.Eachday,thesweepstakes

    oeredprizespromptingthewinnertochangehisorher

    lifeforthebetter,likeyogamats,waterlters,iPads,and

    treadmills.Oneluckywinnerreceivedagrandprizetripto

    KohSamui,Thailand.The most valuable business benet

    that emerges from social media

    marketing is earned media.

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    Adopt these social media marketing tips and ENGAGE usin

    an unprecedented understanding of users

    1. With traditional marketing, you choose media placement

    based on predicted demographic proles, historical population

    and projected gures.

    Atraditionaldigitalmarketingnetworkprovideshistorical

    statisticsaboutpopulationsofuserswithcertaininterests.But

    whatelsedoyouknowaboutthetness,diet,health,and

    wellnessadvocatesthatyourepromisedtoreachbyusingthi

    marketingchannel?Ifthetnessorienteduserisactuallyalso

    carenthusiast,orunemployed,orcurrentlyastudent,wouldt

    digitalmarketingnetworkparsethisinformationforyouruse?

    Wouldntitbeproductivetoyourstrategytoknowmoreabout

    userssocialprole?

    Socialmedianetworksknowalotabouttheirusers.Whena

    branddevelopscustomapplicationsforthesenetworks,orru

    advertisingwithinthem,thebrandcanpotentiallyhaveaccesstoamuchrichercacheofinformationabouttheuser(withthe

    permission,ofcourse.)Usingthisinformationwhencraftinga

    contentstrategycanbebenecial,asdierenttypesofusers

    willlikelyengagewithdierentcontentinitiatives.Socialmedi

    providesmoreinsightintoconsumersthanhaseverbeen

    availablebefore.

    [Figure 3.3: The digital network can oer historical populations of users reached, bhow much deeper can the user prole go?]

    2. For the rst time, your audience is telling you exactly who it i

    Socialmediaallowsuserstotelltheworldwhotheyare.Users

    arellingouttheirownproles,anddeclaringtothenetwork

    (anditsadvertisersandbrands)whatregiontheylivein,what

    theirinterestsare,whotheirfriendsare,andlimitlessother

    Theresacatchthough:youcantbuyorcreateearned

    mediadirectly.YourbrandsFacebookpagewillonlyspawn

    earnedmedia(likes,sharesandcomments)ifyourun

    marketingcampaignsthatareoptimizedforengagement

    andsharingactivity.

    Earned media is the key to unlocking the power of social for

    your brand

    ArecentstudyconductedbyFacebookandComScoreprovided

    someofthemostcompellingstatisticsweveseenregarding

    thevalueofearnedmedia.Recognizingthatmanymarketers

    todaydonotfeelwell-equippedtoeectivelymeasuresocial

    marketingROI,ComScoredevisedascienticresearch

    experimentthatwouldmeasureliftfromearnedmedia

    exposure.Theexperimentwasperformedfortwobrands,to

    measuretwodierentuserbehaviors:

    Starbucks:tomeasuretheeectofearnedmediaexposure

    onin-storepurchasing

    Target:tomeasuretheeectofearnedmediaexposureon

    in-storeandonlinepurchasing

    Forbothexperiments,theeectsofexposuretoearnedmedia

    hadstatisticallysignicantpositiveimpactsonpurchasing

    behaviors.Infact,Starbucksfansandfriendsoffans

    demonstrateda38%liftinpurchasebehaviorwithin4weeks

    ofexposuretoearnedmedia(comparedtothecontrolgroup).

    TheTargetfansandfriendsoffanswere19%morelikelyto

    purchaseinTargetinthefourweeksfollowingexposure.

    Tocapitalizeontheincredibleeectsthatearnedmediacan

    haveonyourbrandthough,youhavetostartsomewherewithafanbase.Earnedmediacancomefromanyuserthat

    choosestotellastoryaboutyourbrandtotheirfriends.They

    dothisbyLikingastatusupdateoraphoto,commentingon

    yourpage,interactingwithyourapplications,orjusttagging

    yourbrandinapost.Themostcommonsourceofthisactivity

    f f.

    So,howcanyougetmoreearnedmedia?Bylookingatsuccess

    strategiesforbrandsintheengagementphaseofsocialmedia

    marketing,ofcourse!

    Starbucks fans and friends of fans

    demonstrated a 38% lift in purchase

    behavior within 4 weeks of exposure to

    earned media

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    ENGAGE for ROI

    Thetwocasestudiesofcompaniesthatsuccessfullydrew

    positiveROIresultsfromtheirEngagephaseofsocial

    initiativesarefromdierentpartsoftheworld.Thatdidnta

    theresultsofeachcampaign,provingthatengagementbreed

    trust,earnedmedia,andadvocacydespitedierentlanguage

    regions,andusers.

    iek Sepeti

    who: iekSepetiisTurkeysleadingonlineowerstore

    andgift-givingcompany.

    what:Whileitse-commercewebsitealreadyhad

    signicanttraction(itreceivesmorethan15,000visitorsandapproximately2,000ordersdaily),iekSepetiwante

    togrowitsfanbaseandincreasefanengagementon

    Facebook.Thecompanyhadalsorecentlyintroduced

    severalnewproducts,andsoughttopublicizethemusing

    .

    iekSepetiusedWildretoolstorunmorethanadozen

    campaigns,includingquizzes,trivia,coupons,contests,

    andsweepstakes,designedtokick-startfangrowthand

    promotecontinuedengagement.Foroneparticularly

    successfulcampaign,iekSepetiusedaquizapplication

    toposelight-heartedquestionstoitsmaleaudienceabou

    theirromanticbehaviors.Forinstance,onequestionstated,Yourspousesbirthdayoccursthesamedayasa

    championshipsportsgame--whatwillyoudo?

    result: Thecompanycreditedoneofitsquizzeswitha

    click-throughrate20timesgreaterthanstandardFaceboo

    ads.Onthedaythequizlaunched,iekSepetidoubled

    itsPeopleTalkingAboutThiscount,akeyengagement

    metric.Thepromotionranforfourweeks,duringwhich

    timetheonlineretailerrecognizeda 20% increase in

    its monthly revenue,andmorethan38,000visitstoits

    Facebookpage.Bythetimeitended,thequizhadreceive

    morethan17,000entriesandyieldedover450Likes.

    informationtheychoosetoshare.OnLinkedIn,theyresharing

    theireducationalandprofessionalpursuits.OnPinterest,theyre

    sharingtheirstyleandaspirations,andonTwittertheyresharing

    contentthatintereststhem.Savvybrandsareonthelookout

    fortechnologythatcompilesthesesocialprolestogetherand

    enablesbrandstoprovideatrulycustomizedexperienceforeachuser.Giventheincrediblespeedofdevelopmentinthis

    industry,goingfromcommunicatingtothefacelesstoputting

    facesonoursocialconsumersisnotalongwayaway.

    [Figure 3.4: Similar to traditional lead generation techniques, users can ll out all of f g cc c c ppcwithin them, like this custom whitepaper download application on the Wildre fanpage.]

    3. Proling of user interests, friend lists, employment, education,

    industry, geography, groups, aliations, style, (and more)

    enables a rich understanding of your consumer.

    Eachsocialnetworkhasauniquesetofinformationaboutthe

    usersengagedwithinit.LinkedInknowsusersemployment

    histories,industry,seniority,region,educationlevel,andmore.

    Facebookknowstheusersfriendsandwhattheyreinterested

    in,whatplacestheuserhaspreviouslycheckedinto,and

    brandstheuserthinksarecool.Pinteresthasarunninglistof

    everyitemontheinternetthattheusertooktimeenoughto

    pintodemonstratetheirinterestsandstyle.Howmuchmore

    powerfulwouldyourmarketingstrategybeifyoucouldaccess

    amoreuniedsocialproleofyourconsumers,aggregating

    informationaboutyourcustomersacrosssocialnetworks?

    Combiningthissocialdatawithdataaboutusersinteractions

    withyourbrand(havetheypurchasedinthelast3months?

    Havetheyclaimedbutnotredeemedacouponinthelastyear?)

    canpotentiallycreatetheleveloftargetingthatwillnurtureyourcommunitiesofadvocatesintoaction.

    How much more powerful would your

    marketing strategy be if you could

    access a more unied social prole

    of your consumers, aggregating

    information about your customers

    across social networks?

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    monetiZeAsafanbuildstrustandengagementwithabrandthrough

    itssocialchannels,theywillmovetowardsmonetizationand

    advocacy.Asuccessfulapproachtomonetizingyoursocial

    channelpresenceleadstomeasurablebusinessbenetssuch

    collectionofhigh-qualityleads

    leadconversiontosales

    purchasingbehaviors

    accountretention

    Ismonetizingyoursocialchannelaseasyaslaunchingan

    electronicshoppingcart?Ifonly!Weveoutlinedsomeimporta

    tipstoconsiderwhenyourbrandiscontemplatingitsapproac

    totheMonetizephaseofsocialmediamarketing.

    Adopt these social media marketing tips and MONETIZE

    using the social sales dimension1. Users expect specic activities when theyre interacting

    with social networks your typical e-commerce shopping cart

    solutions are not intriguing in this medium.

    InDecember2010JCPenneylauncheditsrstecommercesto

    onFacebook,makingwavesinthepressforbreakingground.

    Withinayear,however,thatversionofthestorefrontwas

    removedfromtheFacebookpage.Now,anevolvedshopping

    appisliveonthefanpage,drivingtractothesiteusing

    dierentsocialfeatureslikeMakeityourown,whichuses

    proleinformationtodisplayoersthat(nowrebranded)jcp

    considersrelevanttotheuser,personally.Sociale-commerce

    addsanewdimensiontoshoppingactivities,andbrandsthatembracethisdimensionwillndsuccessinthenewindustry.

    [Figure 3.5: JCPenneys original approach to F-Commerce.]

    Blowsh Shoes

    who: Blowshshoesisashoedesignerandretailer

    headquarteredinSantaMonica,California.

    what: Blowshwantedtoexpanditsemaildatabaseand

    growandengageitsfanbase.Italsosoughttoattract

    newfanswhoalignedwiththebrandcreative,original

    andyouthful.Blowshcreatedadigitalsweepstakes

    togiveawayapairofshoestoanewcustomerevery

    dayforayear.Sincebuildingitsemaildatabasewas

    acriticalobjective,Blowshmadesuretodevelopan

    entryformthatpromptedentrantstoprovidetheiremail

    addresses.Blowshalsosupporteditssweepstakesby

    runningtargetedFacebookadsandaYouTubepromotion

    announcingtheweeklywinners.Thecompanyputalotof

    socialmediasavvybehinditspromotion,creatingfunand

    quirkyweeklyvideosanimatingapairofshoeswalking

    intoaboxandbeingshippedtothatweekswinner.These

    personality-infusedeortsresonatedhighlywithBlowsh

    fansandfollowers,inuencinghighengagementandreturn

    ratestothepromotion.

    result:Duringthe12-monthpromotionalduration,

    Blowsh increased its email database by 865%, and

    grew its Facebook fan base by a remarkable 2,488%. t

    analyticsfurthershowedthat64%ofcontestantsvoluntarily

    continuedtobrowseBlowshsshoecollectionafterenteringthesweepstakes,andthatnearly half of all sales

    transactions during the promotion period involved

    contestants.Thepromotionwentsowellbyallaccounts

    thatBlowshendeduprunningitasecondtime,callingit

    theirSecondAnnualShoe-a-DayGiveaway!

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    Whitepaper | Why Social Marketing Will Deliver a Positive ROI for Your Brand

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    [Fg 3.7: oc d l r c F-cc ppc pc g f pg

    else in the world.]

    3. Use advanced demographic and psychographic proling

    with segmentation strategies to oer users personalized and

    meaningful experiences.

    Withaccesstomoreinformationthaneverbeforeaboutusers

    successfulmonetizationtacticsshouldstrivetoincorporate

    prolingandsegmentationtechniques.Auniedsocialprole

    willenableyourbrandtoknowwhichofitsfansalsoLike

    yourcompetitors,orwhichofthosefanshavebeendormant

    inthepastquarter.Createmonetizationeortsbasedon

    thisinformation,tospeedthepathtoconversionorrepeat

    purchase.

    [Fg 3.6: jcp ppc c cc, g cz your own feature that mixes up the shopping experience per user.]

    2. Social selling involves activity with friends, gamication of

    sales, or special oers exclusive to the fan community.

    Anidealsocialsellingexperienceshouldoerauserelements

    ofthesameexpectationstheysetforbrandswhenbecoming

    afan.Weknowuserswantexclusivecontent,customoers,

    andspecialpromotions.Howcanyourbrandintegratetheseuserdesiresintosellinginitiatives?Onegreatexamplecomes

    fromOscarDeLaRentasFacebookfanpage.Thefanpagehas

    acustomapplicationcalledShopExclusivesthatenablesusers

    oncepermonthtobuyoneitemthroughtheFacebookinterface

    thatiscompletelyunavailableanywhereelseintheworld.

    Duringthemonththatthispaperwaswritten,theexclusive

    shoppingexperiencefeaturedastylishnotebookcalledthe

    BaubleBook,a$39purchaseavailabletoFacebookfansonly.

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    HauteLook

    who:HauteLookisanonlineprivatesalesitethatfeature

    limited-timesaleevents.Everyday,HauteLookpartners

    withpremiumfashionandlifestylebrandstocreatepriva

    upscalesaleevents.

    what:HauteLookwantedtoattractnewuserstotheirfa

    pageaswellasinuencefanstovisitthewebsitebyusing

    anincentivetomakeapurchase.HauteLookusedWildre

    torunanInstantWincampaignwhichranforjustsevendaysontheirFacebookFanPage,mimickingtheurgency

    thatHauteLookslimited-timesalesinciteinmembers.

    Facebookusersneededtobecomeafaninordertoredee

    thecoupon,whichrevealedwhattheywon.

    MONETIZE to Convert

    Thetwocasestudiesfeaturedbelowdemonstratebrandsthat

    createdoersofhighvalueforusers,andanevenhighervalue

    forthesebusinesses.

    Eye City

    who: Foundedin1996,EyeCityVisionisaLasikeye

    surgerycliniclocatedinTexas.EyeCityprovidespatients

    withcompleteeyecare,eyewear,cataractcare,andLasikin

    onelocation.

    what:SinceLasikpurchaseshadbeendownduetothe

    recession,EyeCityVisionhadalreadyexperimentedwith

    printadvertising,onlineadvertising,anditswebsiteto

    generateawarenessofitsoerings.Lookingtogrowits

    business,EyeCityVisionwantedtoleveragethepowerof

    socialmediaanddrivetractoEyeCityVision.

    EyeCityVisionusedWildretolauncha6-monthlong

    couponcampaign.Thecouponprovidedindividualswho

    visitedandclaimedthevoucherontheEyeCityVisionfan

    pagea$1,000odiscountonLasik.

    result:Duringthepromotioncycle,EyeCityVisionhad

    itstwo highest sales monthssincethecompanywas

    foundedin1996,withsales up more than 40% from

    prior year.ThoughEyeCityVisionhadbeensuccessful

    inrunningcouponsthroughprintadvertisingaswell,the

    companycitedthathavingcouponsaccessibleviaFacebook

    wasasignicantandpowerfulforcefortheirbusiness.Thecouponwasclaimedby373users,impressivesincethe

    oerfortheclinicisonlyrelevantforatwolocationsthat

    servecentralTexas.

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    Whitepaper | Why Social Marketing Will Deliver a Positive ROI for Your Brand

    12

    ConClusionYouunderstandthatsuccessfulsocialmediainitiativesstart

    withanalignmenttothesocialmediamarketingphasethe

    brandisin.Youvemasteredanunderstandingofthepowerfu

    waysinwhichyoucanusesocialmediatogrowyourbrandan

    driverealbusinessresults.Youvethoughtthroughengagemestrategies.Andyouveevenusheredinbuyingactivityfromyo

    fanswhoarepartofyourtrustworthycommunity.

    Thisthree-phaseframeworkiscyclical.Continuedengagement

    withusersenablesactions,stories,andmessagestospread

    throughfansnetworksandattractfriendsoffanstothebrand

    page(generatingearnedmedia),helpingtoleadintogrowth

    initiativesagain.Followthisframeworkandkeystakeholders

    withinyourbusinesswillrecognizethevalueandROIdelivered

    throughouteachstepofthisvirtuouscycle.

    Fromtheusersperspective,thisapplicationseemedlikea

    scratch-olotterycardafterllingouttheentryformwith

    theuserspersonaldetails,shewouldbeservedherlottery

    cardwithherwinnings.Everycardhadavalue,from10%

    oanHauteLookpurchase,tothemorecovetedBuyone

    getonefreeitemvoucher,tothebiggestprizeofall:one$10,000giveaway.

    result:Overthesevendaysofthecouponcampaign,the

    HauteLookFanPagesfanbaseincreasedby4,200newfans

    whoclaimednearly3,800coupons.Todate,21%ofthe

    couponswereredeemedbyrst-timeHauteLookbuyers.In

    addition,19%ofthecouponsthatwereclaimedweredone

    sobydormantbuyers,ormembersoftheHauteLooksite

    thathadbeeninactiveforacertainnumberofmonths.

    Asaresultofthissocialsellingcampaign,HauteLook

    generated $30,000 in revenue and a 250% ROI net of all

    campaign and marketing costs.

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    Whitepaper | Why Social Marketing Will Deliver a Positive ROI for our Brand

    Wildre is a powerful, easy-to-use social marketing platform

    to grow, engage and monetize your audience across social

    networks.

    Learn how we can help you today!

    888.274.0929 ext 2www.wildreapp.com

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