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Senior master instructor Stephen K. Hayes facebook.com/AnShuStephenKHayes
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Performance Based Social Media

Jan 19, 2015

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Performance Based Social Media as presented by Christopher Penn at Social Fresh East.

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Page 1: Performance Based Social Media

Senior master instructor Stephen K. Hayesfacebook.com/AnShuStephenKHayes

Page 2: Performance Based Social Media

Performance Based Social Media型

Page 3: Performance Based Social Media

Who am I?

twitter.com/cspenn/favorites

Page 4: Performance Based Social Media

The corporate plug:

WhatCounts will help you find and grow your email marketing ROI.

Learn more at www.WhatCounts.com, visit our table in the hall, or call 866-804-0076.

Page 5: Performance Based Social Media

This presentation is available on our blog right

now

Page 6: Performance Based Social Media

Warnings

Page 7: Performance Based Social Media

Kata型

Page 8: Performance Based Social Media

Outcome成果

Page 9: Performance Based Social Media

法 Process

Page 10: Performance Based Social Media

Story物語

Page 11: Performance Based Social Media

MeasureOutcome

成果

Page 12: Performance Based Social Media

Photo Credit: TheTruthAbout...

Page 13: Performance Based Social Media
Page 14: Performance Based Social Media

Outcomes

Page 15: Performance Based Social Media
Page 16: Performance Based Social Media

R IPhoto credit: AMAgill

Page 17: Performance Based Social Media
Page 18: Performance Based Social Media

Social media ROI

Page 19: Performance Based Social Media

ROI is not necessarily a

helpful number

Page 20: Performance Based Social Media

Webinar

Tweet

PPC Ad

Blog Post

Sponsored

Email

Which caused the sale?

Page 21: Performance Based Social Media

Net Profit

Margin

Volume

Income

Expense

Audience

Action

Page 22: Performance Based Social Media

Net Profit

Margin

Volume

Income

Expense

Audience

Action

Product

Operations

Marketing

Sales

Page 23: Performance Based Social Media
Page 24: Performance Based Social Media

Marketing’s primary output is qualified leads, yes?

Page 25: Performance Based Social Media

EPL

Page 26: Performance Based Social Media

Earned - SpentNumber of Leads

Page 27: Performance Based Social Media

Money Earned:Money Spent:

Hourly Rate:Time Spent:

Time Spent in Money:

Total Spent:

Total Earned-Total SpentLeads

$_______$_______

$_______ _______$_______

$_______

_______ EPL

Worksheet 3

Page 28: Performance Based Social Media

So what?

Page 29: Performance Based Social Media

Last Touch Problem Solved

Google

Page 30: Performance Based Social Media
Page 31: Performance Based Social Media
Page 32: Performance Based Social Media

Yes, but so what?

Page 33: Performance Based Social Media

find the secret phrase on the WhatCounts Facebook Page

facebook.com/whatcountsemail

Page 34: Performance Based Social Media
Page 35: Performance Based Social Media
Page 36: Performance Based Social Media

“Become a data-driven

organization”

Page 37: Performance Based Social Media

Blind faith in data and systems

Page 38: Performance Based Social Media

罠 3 Traps

Page 39: Performance Based Social Media

Selection Bias

Page 40: Performance Based Social Media
Page 41: Performance Based Social Media

Measurement Bias

Page 42: Performance Based Social Media
Page 43: Performance Based Social Media

http://api.klout.com/1/klout.json?users=lizstrauss( [status] => 200 [headers] => Array ( ) [body] => Array ( [error] => No users ))

Page 44: Performance Based Social Media

http://api.klout.com/1/klout.json?users=moriturusthedk( [status] => 200 [headers] => Array ( ) [body] => Array ( [error] => No users ))

Page 45: Performance Based Social Media

Intervention Bias

Page 46: Performance Based Social Media
Page 47: Performance Based Social Media

Beware bad research and worse conclusions!

Page 48: Performance Based Social Media

Who was measured?What was measured?

How was it measured?

The Fournaise Marketing Group interviewed more than 600 Large corporation and SMB CEOs and decision-makers in the US, Europe, Asia and Australia.

73% of CEOs Think Marketers Lack Business Credibility: They Can't Prove

They Generate Business Growth

Page 49: Performance Based Social Media

Who was measured?What was measured?

How was it measured?

Edison Research conducted a national telephone survey of 901 people. Interviews for this study of Americans age 12 and older were performed on January 23, 2012. The study asked respondents a series of questions about their previous day’s media usage including listening to any part of the NFL Playoff radio broadcasts. Households were selected randomly to participate in the study from phone numbers provided by Survey Sampling International. The final results of the national sample have been weighted by age, sex, ethnicity and geographic region to match current U.S. Census Bureau population estimates. In theory, in 19 cases out of 20, the survey results for the full sample will differ by three percentage points in either direction from what would have been obtained by attempting to interview all persons age 12 and older.

Nearly 23 Million Tune Into The AFC/NFC 2012 NFL Playoffs On The Radio

Page 50: Performance Based Social Media

法 RefineProcess

Page 51: Performance Based Social Media
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Page 54: Performance Based Social Media
Page 55: Performance Based Social Media

Sales

Page 56: Performance Based Social Media

Sales

Qualified Leads

Page 57: Performance Based Social Media

Sales

Qualified Leads

Prequalified Leads

Page 58: Performance Based Social Media

Sales

Qualified Leads

Prequalified Leads

Interested Prospects

Page 59: Performance Based Social Media

Sales

Qualified Leads

Prequalified Leads

Interested Prospects

Active Audience

Page 60: Performance Based Social Media

Sales

Qualified Leads

Prequalified Leads

Interested Prospects

Active Audience

Potential Audience

Page 61: Performance Based Social Media

Sales

Qualified Leads

Prequalified Leads

Interested Prospects

Active Audience

Potential Audience

Page 62: Performance Based Social Media

Sales

Qualified Leads

Prequalified Leads

Interested Prospects

Active Audience

Potential Audience

50

100

200

400

800

25

Page 63: Performance Based Social Media

Sales

Qualified Leads

Prequalified Leads

Interested Prospects

Active Audience

Potential Audience

50

100

200

400

800

25

50%

50%

50%

50%

50%

Page 64: Performance Based Social Media

Sales

Qualified Leads

Prequalified Leads

Interested Prospects

Active Audience

Potential Audience

25

50

100

400

800

12.5

50%

50%

50%

25%

50%

Page 65: Performance Based Social Media

Sales

Qualified Leads

Prequalified Leads

Interested Prospects

Active Audience

Potential Audience

25

50

100

400

800

12.5

50%

50%

50%

25%

50%

Page 66: Performance Based Social Media

How can we use social to fix the broken step?

Page 67: Performance Based Social Media
Page 68: Performance Based Social Media

Interested Prospects

Active Audience

100

400

25%

Page 69: Performance Based Social Media

Start with a simple recipe

Page 70: Performance Based Social Media

Sales

Qualified Leads

Prequalified Leads

Interested Prospects

Active Audience

Potential Audience

37.5

75

150

400

800

18.75

50%

50%

50%

37.5%

50%

Page 71: Performance Based Social Media

$65 million each

Page 72: Performance Based Social Media

守破離

Path to mastery

Page 73: Performance Based Social Media

守 Preserve the form

Page 74: Performance Based Social Media

破 Vary the form

Page 75: Performance Based Social Media

離 Transcend the form

Page 76: Performance Based Social Media

scrambled eggs

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守 Follow best practices

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破 Vary the practices

Page 79: Performance Based Social Media

離 Transcend best practices

Page 80: Performance Based Social Media
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Tell a Good Story物語

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WIN勝

Page 85: Performance Based Social Media

case studies

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Page 87: Performance Based Social Media

conflict

state change

Page 88: Performance Based Social Media
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Page 91: Performance Based Social Media

Exercise

Page 92: Performance Based Social Media

Kata型

Page 93: Performance Based Social Media

MeasureOutcome

成果

Page 94: Performance Based Social Media

法 RefineProcess

Page 95: Performance Based Social Media

Tell a Good Story物語

Page 96: Performance Based Social Media

Marketing White Belt

cspenn.com/book

初心者市販

Page 97: Performance Based Social Media

Email for Sales

http://ar.gy/socialfresheast

Email For Sales

HOW EMAIL MARKETING CAN CREATE OPPORTUNITIES, CLOSE DEALS AND BOOST YOUR SALES

Page 98: Performance Based Social Media

Visit our tableand

@WhatCounts

Page 99: Performance Based Social Media

Thank You!

cspenn.com/tcspenn.com/fcspenn.com/lcspenn.com/gcspenn.com/p