All marketers wish they knew how to better measure results, engage their audience, and measure ROI. Chuck Hemann opens up by warning that he won’t solve all of our problems but he will provide guidance on how to approach them.
Proper Planning Prevents Poor Performance
There are 5 key steps that each marketer must take to create a successful social media campaign. What does this include?
- Listening to what is being said online
- Assessing the marketplace
- Engaging with current and prospective clients
- Measuring is a way for us to optimize
- Improving our strategy as we learn more
According to Hemann listening and measurement are the two most important ingredients for success. You cannot successfully execute on one without the other. Below are a few of the best practice approaches that Hemann shared with the audience at today’s session.
Understand What Simply Listening Can & Cannot Do
- Optimize your content in real time
- Create a better customer experience
- Quickly learn about potential product issues
- Marketing through conversation
- Gain valuable business intelligence
Create A Solid Social Media Strategy
- Planning and beginning and ending stages is essential
- Internal resources for facilitating and executing is critical
- You can’t listen to everything so fine tune your process
- Don’t rely on just one tool for quantifying results
Tools & Reporting: Questions Every Company Should Ask Themselves
- Has your internal team decided on the tools you want to use?
- Is there a training and implementation schedule in place?
- Has a process for reporting been scheduled?
- Do you know what your competition is doing?
Myths & Misconceptions To Avoid
- Social media cannot be measured: You collect dozens of data points each day that assist in measuring your social media efforts.
- ROI stands for something other than return on investment: ROI does not refer to influence or engagement it is directly related to gaining or saving the company money.
- Social media measurement is different than traditional media measurement: Social media is measured by utilizing a series of strategies and tactics just as you would with any other effort.
- Social media is meant to be organic and we already have too much data: You can never have too much data!
Never Forget the Five W’s
- What people are saying about your brand.
- Where they are talking about your brand.
- When people are talking about your brand.
- Who is talking about your brand.
- Why people are talking about your brand.
Common Measurement Questions You Should Always Keep In Mind
- How many people did we reach?
- Did the program create conversation?
- How do I get ad equivalency so the brand can compare this to our advertising?
- Were our fans/followers engaged?
What Is Our Take Away From This Afternoon’s Session?
- No subject is unapproachable
- This is a step-by-step process
- Gaining access to quality data provides a huge competitive advantage
There are many ways to effectively track social media metrics for B2B sales. What tools have you found to be effective for social media measurement?
Stay tuned for more posts from MIMA Summit 2011. Follow the hashtag #MIMASummit on Twitter and watch for any posts on @toprank or @azeckman to see updates and photos from the conference.
Thanks for shearing, quite informative, although I wish you would have expanded on some points like “creating a solid social media strategy” you could have expanded on the bullet points a little as its hard to get an insight into it.
Hi Aliosha, this was a liveblog of a presentation so Chuck might not have expanded into what a solid social media strategy is. But we’re in luck! We’ve covered social media strategy here a number of times. 🙂 You might also find this social strategy tool from our client Vocus of use.
ok great, thanks for the info.
This has been one of the best articles I have read in a long time. You really hit some important points right on the head, like the 5 W’s. Most marketers probably forget about finding out this important info. Yes we have made this mistake ourselves in the past.
Thanks again
Great tips! I wish I could implement all the approach in my social media accounts. Thanks for sharing.
The common measurement questions were all great questions to be asking when measuring the effectiveness of a social media campaign. I think the last question was the most important, as engaging your audience is the goal of using social media in a campaign. I will definitely be keeping these in mind. I would have loved more information for all of the sections above as they were a bit vague and seems like it was a very informative presentation.