[en] social media roi istrategy presentation

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ROI isn’t a good measure for innovations when they emerge; on the contrary, when such innovations mature, measuring success becomes a must-have. There is more than one way of measuring ROI. One might try to determine, for instance, how much one earns, by using social media, but only a minority of enterprises is using social media to sell things, and there are still doubts as to whether social media is the right place to sell. Others might try and assess how much they save thanks to social media, or how much they can achieve beyond the usual boundaries of Marketing, or lastly, a combination of all of the above. Tools exist for us to measure social media; there are even a lot (too many?) of them. Yet, some of their metrics are either hard to understand for managers or they tend to be unreliable, or they might even measure activity vs. efficiency. Despite all these obstacles, 5 years after the first attempts at using social media for businesses, it is no longer possible to evade measuring social media activity and efficiency. In this session, I will show how, and what for and I will also highlight a few recommendations and warnings for those who are eager to be able to build their own social media dashboards. http://www.istrategyconference.com/events/amsterdam/#eventProgram

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measuring return on engagement in social media

thoughts, tools & recommendations

some rights reserved - cc 2011 - orange.com - Yann A. Gourvennec 1

@ygourven

2 main publications in 2011

http://precommerce.com

http://amonboss.com

some rights reserved (cc) 2011 – Orange – web, digital & social media 3

English adapation on-going

agenda

1. measuring return2. the problem with tools3. measuring ROE not an

option4. how to measure ROE?5. conclusion

@orange@ygourven

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Some rights reserved by blumpy

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1. measuring return

> ROI for innovation

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sneering at innovations isn’t new

disclaimer as per http://www.parisenimages.fr: reproduction of Paris en Image photo stock authorised in order to illustrate an educational or research project not commercialised in any form (e.g, classes, lectures, theses).

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a famous ROI example

> RUDOLF 1858 – 1913

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another example

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 Some rights reserved by sualk61

some rights reserved - cc 2011 - orange.com - Yann A. Gourvennec

source: http://www.computing.co.uk/ctg/news/2024715/atos-aims-abolish-internal-email-2014

when innovations emerge

>nih>ROI hard to prove>not all innovations

sell>gain in

productivity…>not all (few)

human desires are rational

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 Some rights reserved by Joe Shlabotnik

long term credibility?

Photo = Microsoft Picture Gallery

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several ways of measuring return …

sell engage save

all of the above

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2. the problem with tools

> a surfeit of tools and metrics

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functions and scope

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social media tools

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3. measuring ROE

> no longer an option

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measuring ROE no longer an option

percentage of your fans that you have attracted and made them engage (like or comment) with your Wall Post

source: social bakers

so, what is a return on engagement

graphic design: social bakers

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not just a matter of fan numbers

benchmark: social bakers

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measuring engagement on Twitter

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6

#1#2#3

@Orange Group2,397 followers

@O2 53,727 followers

@ATT 107,868 followers

@SFR_Groupe 3,128 followers

@Telefonica 3,026 followers

@Vodafone_Group 8,587followers

@deutschetelekom 22,900 followers

@Tunisiana 2,729 followers

@Orange_conseil 1,691 followers

55

@SFR_SAV 3,118 followers

50

@OrangeHelpers 7,851 followers

63

@Telekom_hilft15,192 followers

63

74

73

61

52

40

49

57

25

+3

+1

+1

+2

+2

@BTCare15,427 followers

68

klout.com

+1

+1

+2

-1

+3

+1

+1

sample Twitter benchmark

what do all those metrics (really) mean?

true reach: how many people you influence

amplification: how much you influence them

network impact: the

influence of your network

klout score: a mix of the

above

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what do all those metrics (really really) mean?

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4. how to measure ROE

> 3 business cases

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4.1 business case #1: Orange Business Live

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where content comes from …

microblog96%

wall2%

blog3%

TWITTER* 2010 2011 Growth

Bloggers 11 13 18%

Contributors

47 262 457%

Tweets 264 1397 429%

People reached

40 503 191 501 373%

Impressions served

431 943 3 576 246 728%

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http://bit.ly/recapobl

• 20 articles

• 200 photos

• 8 videos

global span

> 3 nationalities generating live content (French, UK, USA)> 41 countries visited digital content platform> 10 countries engaged with Twitter content

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measuring the reachnote: the value isn’t in Twitter

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the long tail

>trends, questions …

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4.2 business case #2: ROI Spain

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Spain: facebook coupon campaign generates 145K€

5189 new likers1237 coupons406 new clients through eshop

406X30X12 ~ € 145k

1

3

2

*406 clients x 30 euros ARPU x 12 months

a social shopping experience & retention mechanism

E-shop tab on Orange PL fan pages

Click on

is mandatory to access the offer

Monthly active users : 270K

Interactions on the page : 39K

4.3 exclusive: the Orange social media dashboard

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5. conclusion

> our recommendations

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a few questions

> what is a fan?> how much is a fan

worth?> number of fans?

meaningful?> engagement rate?> response rate?> hiding/unliking

pages?> reach of a live tweet?> what if new systems

crop up?

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recommendations

>measure and show results

>don’t forget about savings

>don’t get trapped in sales unless …

>use the right tool>know the

limitations>don’t take metrics

at face value

>be patient>don’t get duped

by numbers>long term

engagement pays>think relationship,

not sales

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your real focus shouldn’t be your facebook page

copyright © 2011 – Orange – web, digital & social mediaPage 36

….

social media focussee next page

thank you

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suivez-nous !

@orange@orangebusiness

http://www.facebook.com/orangehttp://www.facebook.com/orangebusiness

http://youtube.com/orangebusiness http://live.orange.com

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