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YOU DON’T HAVE TO BE EINSTEIN TO MEASURE SOCIAL MEDIA Charlie Southwell Co-founder Transmute #SeriouslyLDN
29

You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

Jan 19, 2017

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Page 1: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

YOU DON’T HAVE TO BE EINSTEIN TO MEASURE

SOCIAL MEDIA Charlie Southwell

Co-founder Transmute

#SeriouslyLDN

Page 2: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

ABOUT ME

@charliesaidthat @wetransmute

Page 3: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

NEARLY HALF OF CMOs SAY WHAT NOW…

@charliesaidthat #SeriouslyLDN

Page 4: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

@charliesaidthat #SeriouslyLDN

Page 5: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN
Page 6: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

“You can buy 10,000 followers, or 1 million views now But it won’t change your business.“

@charliesaidthat #SeriouslyLDN

Page 7: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

2,000 TWITTER FOLLOWERS - ($5)

@charliesaidthat #SeriouslyLDN

Page 8: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

8,000+ YOUTUBE VIEWS - ($5)

@charliesaidthat #SeriouslyLDN

Page 9: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

40,000 WEBSITE TRAFFICS [sic] – ($5)

@charliesaidthat #SeriouslyLDN

Page 10: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN
Page 11: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

MoR Test (Money off Roof)

Page 12: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN
Page 13: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN
Page 14: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

HR

Digital Transformation

of People

Attraction

Onboarding

Engagement

Alumni

Employee Digital Advocacy Programme

Social Media Playbook & Policy Digital Capability Assessment at Induction

Social Media Advocacy Programmes Social Media Centre Of Excellence Digital & Social Media Training

Digital Induction Programmes

Corporate Universities

Talent Attraction Platform Building Social Media Talent Pools

Leaders Digital Thought Leadership

Digital Reputation Management Succession Planning Alumni Advocacy Programmes

@charliesaidthat #SeriouslyLDN

Page 15: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

PR, MARKETING, ADVERTISING

What if you talked to your CMO

about lowering the cost of marketing, acquisition and

customer retention

@charliesaidthat #SeriouslyLDN

Page 16: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

DIRECT SALES

Frequency – how OFTEN do customers buy?

Reach – how many NEW customers do you attract?

Yield – how much is the AVERAGE TRANSACTION VALUE?

F.R.Y.

@charliesaidthat #SeriouslyLDN

Page 17: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

CUSTOMER SERVICE

@charliesaidthat #SeriouslyLDN

Page 18: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

CUSTOMER SERVICE

@charliesaidthat #SeriouslyLDN

Page 19: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

BUSINESS INTELLIGENCE

@charliesaidthat #SeriouslyLDN

Page 20: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

BUSINESS INTELLIGENCE

Topic Analysis

Volume of posts Proportion of posts

@charliesaidthat #SeriouslyLDN

Page 21: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

INTERNAL COMMS

Help your team collaborate, send less email and help increase productivity identify experts within your own teams, reducing wasted project time AND training costs.

Page 22: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

HR

Decrease the amount of applications per role by XX% this year

Direct Sales

Drive £XX,000 worth of repeat sales through social channels in Apr 2016

PR

Reduce outreach costs by directly pitching journalists

EXAMPLE OBJECTIVES

Page 23: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

Customer Service

Increase NPS by X in 2016 Reduce call centre costs by £XX,000 in 2016

Business Intelligence

Understand the [Key topics] and share of voice of us and competitors to develop a new proposition in June 2016

Internal Comms

Reduce internal email by XX% in 2016

Increase # of staff working from home by XX days a month in 2016

EXAMPLE OBJECTIVES

Page 24: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

GOOGLE CONSUMER JOURNEY

@charliesaidthat #SeriouslyLDN

Page 25: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

PROBLEM WITH CALLING IT SOCIAL MEDIA

@charliesaidthat #SeriouslyLDN

Page 26: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

WE SHOULD BE PLATFORM AGNOSTIC

Page 27: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

1. MEDITATE ON BUSINESS OBJECTIVES 2. ALIGN DIGITAL SUCCESS INDICATORS 3. ONLY THEN PICK CHANNELS / METRICS 4. DON’T OPERATE IN A MARKETING / CONTENT BUBBLE 5. *ACTUALLY* GO AND SPEND TIME WITH YOUR CUSTOMERS & ASK WHAT THEY WANT

@charliesaidthat #SeriouslyLDN

Page 28: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

RECOMMENDED READING

@charliesaidthat #SeriouslyLDN

Social Media ROI Olivier Blanchard

Web Analytics 2.0 Avinash Kaushik

Page 29: You Don't Have To Be Einstein To Measure Social Media - #SeriouslyLDN

THANK YOU

THANK YOU Charlie Southwell Transmute @charliesaidthat #SeriouslyLDN