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From Community to Commerce: Making the ROI Connection #SMTLive
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From Community to Commerce: Making the ROI Connection

Jan 23, 2017

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Page 1: From Community to Commerce: Making the ROI Connection

From Community to Commerce: Making the ROI Connection

#SMTLive

Page 2: From Community to Commerce: Making the ROI Connection

#SMTLive

Thank You to Our Sponsor

@Wayin

Page 3: From Community to Commerce: Making the ROI Connection

#SMTLive

Join the Conversation…

Follow along and share your thoughts on

Twitter at #SMTLive

Submit your questions in the

GoToWebinarcontrol panel

Page 4: From Community to Commerce: Making the ROI Connection

#SMTLive

Our Speakers Meagan Fish is the Global Social Media Manager at iRobot, managing the company's community engagement strategy and global social platform expansion. Prior to iRobot, Meagan worked agency-side for social media clients including Dove, Heinz Ketchup and Bermuda Tourism. As a passionate digital marketer, she has spent the past decade working with brands to embrace social media in order to grow and nurture fan communities, improve customer relations, and drive qualified sales. @meaganfish

Jordan Slabaugh is the VP of Marketing at Wayin. Jordan has spent the past decade building global brands. In her role as Vice President of Marketing at Wayin, Jordan leads all aspects of brand marketing, corporate communications and digital activation initiatives to further develop the Wayin brand and leadership in the marketing industry. With an extensive leadership track record in corporate marketing, brand communications and creative activation strategy, Jordan has spent her career building industry-leading marketing programs and consulting with the world’s largest brands on social and digital media. @jordanv

Paul Dunay is an award-winning B2B marketing expert with more than 20 years’ success in generating demand and creating buzz for leading technology, consumer products, financial services and professional services organizations. Paul is the author of five “Dummies” books: Facebook Marketing for Dummies (Wiley 2009), Social Media and the Contact Center for Dummies (Wiley Custom Publishing 2010), Facebook Advertising for Dummies (Wiley 2010), Facebook Marketing for Dummies 2nd Edition (Wiley 2011) and Facebook Marketing for Dummies 3rd Edition (Wiley 2012). @PaulDunay

Andrew Ashton leads social and CRM for Pizza Hut Canada, based in Toronto. Andrew previously led the Social Hive, Yum! Brands global social intelligence command center and managed digital marketing for BÀNH SHOP. During his time with Yum! Brands, Andrew developed daily global social reporting, managed a team of 5 analysts to provide global brands 24-hour social listening and helped Yum! Brands global digital marketing teams integrate social insights into their day-to-day activities. @AndrewLAshton

Page 5: From Community to Commerce: Making the ROI Connection

PAGE 5

92% of consumers trust other consumers

in making purchasing decisions

Page 6: From Community to Commerce: Making the ROI Connection

PAGE 6

Social must be an integrated part of your marketing mix.

…and not measured in different ways

Page 7: From Community to Commerce: Making the ROI Connection

PAGE 7

Traffic. Subscribers. Conversions. Revenue.

Not “likes” and “engagement”

What should you measure?

Page 8: From Community to Commerce: Making the ROI Connection

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tie fan storytelling to sales

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social trends turn into revenue

Page 10: From Community to Commerce: Making the ROI Connection

PAGE 10

Connect social content to commerce

Page 11: From Community to Commerce: Making the ROI Connection

#SMTLive

iRobot Road to Social ROI

Grow Qualified Fan Base

Content Testing & Refining

Engage Believers to Convert Skeptics

Optimize Advertising with CRM Data

Conversion Tracking & Measurement

Page 12: From Community to Commerce: Making the ROI Connection

#SMTLive

Content Testing & Refining

MAKE CONTENT ACTIONABLE: determine what issue(s) social content can help solve for your business

• For iRobot and a developing industry product believability • Content key for organic + paid: show product working

Page 13: From Community to Commerce: Making the ROI Connection

#SMTLive

Amplify Believers to Convert Skeptics

INFLUENCERS: Social reach, demographic synergy, branded content must be authentic

CUSTOMERS: Hyper-fans, establish ongoing UGC strategy, fan-only programs/sneak peaks

Page 14: From Community to Commerce: Making the ROI Connection

#SMTLive

Connect CRM & Social

CRM DATA + SOCIAL DATA =

• Reduced social fan acquisition costs by 40%

• Drove a significant increase to product registrations

• Enabled segmented advertising for product launches to encourage upgrade messaging to pre-existing owners

By merging social data into CRM we’ll be able to create more contextual and proactive customer engagements

Page 15: From Community to Commerce: Making the ROI Connection

#SMTLive

Navigating Social ROI

• Work back from overall goals to determine your ROI equation:– Sales (social conversions) – Brand awareness (e.g. social post

impressions, traffic driven to .com)– Engagement (e.g. organic/paid engagement

rates, positive sentiment, social customer service volume and reply time)

• It’s a blended balance: social, CRM, website/eComm, analytics all need to be in sync to solve for social ROI

Page 16: From Community to Commerce: Making the ROI Connection

#SMTLive

HOW WE CALCULATE ROI

$

Daily / Window Promotions

Units Sales Lift

Clicks

Brand Awareness Metrics

Social Activations

Related Units SoldReach

Traffic +/-

$

Programmatic Campaigns

Traffic +/-Native Pixel Analytics

Clicks

Community Management / Website Analytics / Social Intelligence

Page 17: From Community to Commerce: Making the ROI Connection

#SMTLive

SOCIAL ADVERTISINGDaily / Window Promotions Programmatic Campaigns

Major national sales liftMajor regional sales lift

Major increase in frequency

Page 18: From Community to Commerce: Making the ROI Connection

#SMTLive

SOCIAL ACTIVATIONS ROIMinimal InvestmentScrappy teamSmart Influencers

=

15 million + impressions40,000 + followers68% brand sentimentMassive website traffic increase

Page 19: From Community to Commerce: Making the ROI Connection

#SMTLive

Join the Conversation…

Follow along and share your thoughts on

Twitter at #SMTLive

Submit your questions in the

GoToWebinarcontrol panel

Page 20: From Community to Commerce: Making the ROI Connection

#SMTLive

Our Speakers Meagan Fish is the Global Social Media Manager at iRobot, managing the company's community engagement strategy and global social platform expansion. Prior to iRobot, Meagan worked agency-side for social media clients including Dove, Heinz Ketchup and Bermuda Tourism. As a passionate digital marketer, she has spent the past decade working with brands to embrace social media in order to grow and nurture fan communities, improve customer relations, and drive qualified sales. @meaganfish

Jordan Slabaugh is the VP of Marketing at Wayin. Jordan has spent the past decade building global brands. In her role as Vice President of Marketing at Wayin, Jordan leads all aspects of brand marketing, corporate communications and digital activation initiatives to further develop the Wayin brand and leadership in the marketing industry. With an extensive leadership track record in corporate marketing, brand communications and creative activation strategy, Jordan has spent her career building industry-leading marketing programs and consulting with the world’s largest brands on social and digital media. @jordanv

Paul Dunay is an award-winning B2B marketing expert with more than 20 years’ success in generating demand and creating buzz for leading technology, consumer products, financial services and professional services organizations. Paul is the author of five “Dummies” books: Facebook Marketing for Dummies (Wiley 2009), Social Media and the Contact Center for Dummies (Wiley Custom Publishing 2010), Facebook Advertising for Dummies (Wiley 2010), Facebook Marketing for Dummies 2nd Edition (Wiley 2011) and Facebook Marketing for Dummies 3rd Edition (Wiley 2012). @PaulDunay

Andrew Ashton leads social and CRM for Pizza Hut Canada, based in Toronto. Andrew previously led the Social Hive, Yum! Brands global social intelligence command center and managed digital marketing for BÀNH SHOP. During his time with Yum! Brands, Andrew developed daily global social reporting, managed a team of 5 analysts to provide global brands 24-hour social listening and helped Yum! Brands global digital marketing teams integrate social insights into their day-to-day activities. @AndrewLAshton

Page 21: From Community to Commerce: Making the ROI Connection

#SMTLive

Thank You to Our Sponsor

@Wayin

Page 22: From Community to Commerce: Making the ROI Connection

#SMTLive

Upcoming Webinar

November 12th

Big Data at The Speed of Business – How Customer Service

Satisfaction & Costs Are Driving the Telecom Business