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MEASURING YOUR SOCIAL OUTPUT Jeff Esposito Manager Public Relations & Social Media, Vistaprint @Jeffespo
41

Measuring your social output

May 19, 2015

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Jeff Esposito

Jeff Esposito's presentation at the Social Commerce conference at Red Rock, Las Vegas - January 25, 2012
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Page 1: Measuring your social output

MEASURING YOUR SOCIAL OUTPUT

Jeff EspositoManager Public Relations & Social Media, Vistaprint@Jeffespo

Page 2: Measuring your social output

How many of you consider yourselves an

eRetailer?

Page 3: Measuring your social output
Page 4: Measuring your social output

Image -http://www.addletters.com

Page 5: Measuring your social output

SO WHO IS VISTAPRINT?

Page 6: Measuring your social output
Page 7: Measuring your social output
Page 8: Measuring your social output

So how do we acquire, on average, 1.6M customers each quarter?

Page 9: Measuring your social output

Give business cards away for FREE.

Page 10: Measuring your social output

WHERE IT ALL STARTED

Page 11: Measuring your social output
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Conversations are “leads”…

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…so measure their impact.

= Value of Conversation

Page 14: Measuring your social output

…so measure their impact.

Value of Conversation (Financial Metrics):

• 14% email opt-outs opt back in after ordering on SM

• 40% of first-time customers who do not opt-in place future orders on our social network channels

Page 15: Measuring your social output

04/12/2023

Company Confidential Vistaprint © 2011

Community > 8,900 fans & followers

Page 16: Measuring your social output

04/12/2023

Company Confidential Vistaprint © 2011

Over 9,000 interactions with customers

Page 17: Measuring your social output

04/12/2023

Company Confidential Vistaprint © 2011

Over $30,000 in revenue

Page 19: Measuring your social output
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Metrics evolved

• Conversation shareo Total mentions/Overall industry mentions

Page 21: Measuring your social output

Metrics evolved

• Net Promoter Score (NPS)o (Positive mentions + neutral mentions) –

negative mentions/ Overall mentions

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%8.0%

7.1%

0.4% 0.0% 0.0% 0.0% 0.0% 0.0%

1.6%

0.4%

1.8%

NPS for Vistaprint and Competitors

Page 22: Measuring your social output

• Social Influence Marketing Score (SIM)o NPS x conversation share x 1,000

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.011.9

0.7 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.51.6 1.6

SIM Score for Vistaprint and Competitors

Metrics evolved

Page 23: Measuring your social output

Metrics evolved

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Metrics evolved… Facebook Insights – Overall Reach

Oct.11 Nov.11 Dec.110

2000000

4000000

6000000

8000000

10000000

12000000

PaidViralOrganic

• Paid reach – impressions for fan page generated by ads• Organic reach – impressions generated by company posts to fan page• Viral reach – impressions to Vistaprint fan page created by users liking page,

interacting with page content, sharing content or posting about Vistaprint

Page 25: Measuring your social output

Metrics evolved… People Talking @Vistaprint

• Content Participant – Any user who has liked or commented on a piece of content created by Vistaprint on Facebook

• Content Producer – A user who has created a post on the Facebook fan page in a month

Oct.11 Nov.11 Dec.110

5000

10000

15000

20000

25000

30000

Content Partipants Content Producers

Page 26: Measuring your social output

Metrics evolved… Facebook Insights – New Fans & Opt-Outs

New fan drivers• Like Box & Like Button: 14,994• On page, news feed or ticker: 11,362• Ads: 1,923• Mobile: 374• 3rd Party Apps: 276• Facebook recommendations: 281• Page browser: 167• Timeline: 170• Page likes another page: 79• Admin invite: 10

Oct.11 Nov.11 Dec.110.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

9.00%

Opt-Out Rate

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SOCIAL REVENUE

CY 2009

CY 2010

CY 2011

Page 29: Measuring your social output

WHERE WE ARE TODAY

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• >110,000 fans• 2,000 new

fans per week.

• >12,000 followers• Averaging 200

new followers per week

• >350 subscribers• >350,000 views• .• .

• 260 members• 400 pieces of

content shared• .

Page 31: Measuring your social output

Vistaprint social media personas

Super Fans• Highly

motivated brand evangelists

• Engage on regular basis

• 10% volume

Casual Fans• Vistaprint

promoters• Offer Vistaprint

as a solution to social connections

• 30% of monthly volume

Value Hunters• Looking for a

better or the best deal

• Often ask about specific deals that would increase purchase intent

• 2% of monthly volume

Page 32: Measuring your social output

Who are our social media personalities?

Disenfranchised• Dissatisfied• Passionately talk about

their negative experience with company

• 38% monthly volume

Prospects• 40% of social bookings

come from new customers• Looking for validation of

company, product quality, pricing, etc. from peers

• 20% monthly volume

Page 33: Measuring your social output

WHERE DO WE GO NOW?

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Social Media Chair

ACQ

Analytics

APAC/EU

Brand

Capabilities

Community

Crisis Comms

DSSLegal

PR

Product

PROSPR

QA

R&D

Recruiting

Retention

UX

Social Media Touch Points

Page 37: Measuring your social output

WHAT SHOULD YOU MEASURE?

Image: Tomi Tapio

Page 39: Measuring your social output

GOALS -METRICS

• Audience: fans/followers • Comments: number of comments generated by posts• Community: overall growth of community members• Customer Interactions: total number of monthly

social conversations with customers• Mindshare: percentage of buzz compared to

competitors• Sales: revenue tied to promotions run via social

media

Page 40: Measuring your social output

Questions?

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Thank You.

Jeff [email protected]/JeffespoJeffEsposito.com