Cover image for ROI of Social Media : How to Improve the Return on Your Social Marketing Investment.
ROI of Social Media : How to Improve the Return on Your Social Marketing Investment.
Title:
ROI of Social Media : How to Improve the Return on Your Social Marketing Investment.
Author:
Powell, Guy.
ISBN:
9780470827437
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (319 pages)
Contents:
ROI of Social Media: How to Improve the Return on Your Social Marketing Investment -- Contents -- Foreword -- Preface -- Acknowledgments -- Introduction -- Section 1-Getting Started with Social Media ROI -- Chapter 1-Getting Started with Social Media ROI -- What is social media ROI? -- Social marketing is measurable: The marketing process model applied to social marketing -- The Media Engagement Framework introduced -- Make better strategic and tactical marketing decisions -- Value for social media infrastructure providers -- Case Study: Viral videos provide serious ROI: 50 Budget = two million hits on YouTube -- Blendtec -- A (short) history of social marketing ROI -- Discussion forums -- Ratings and reviews -- Proprietary branded communities -- Blogging -- Micro-blogging -- Social networks -- Paid word-of-mouth advertising networks -- Obstacles in determining social marketing ROI -- The definition of ROI -- Calculating costs -- Losing control of your brand -- Separating buzz into its component parts -- Traditional media versus social media -- Case Study: Social media and customer support -- Comcast -- Engagement is the key -- Measuring traditional media -- Case Study: Making social media a part of your company's DNA -- Bravo Networks -- Social marketing strategy -- Influencers -- Individuals -- Consumers -- Case Study: Metrics for social media resemble those for traditional media -- Edelman Digital -- Measuring social marketing -- Social media measurement tools -- A process to social marketing ROI -- The future of social media and ROI -- Let's get started. . . -- Chapter 2-Social Media Motivations and Behaviors -- Motivations for participating in social media -- Individuals-social media participant hierarchy -- Conversation hierarchy -- The three tiers of social media strategy -- Influencers -- Consumers -- Individuals -- Motivators.

Motivators for individuals -- Motivators for influencers -- Behaviors -- Case Study: Segmenting messages by social community -- Sessions College for Professional Design -- Social media segmentation model -- Behavioral targeting -- Social Web-Reputation Management Cycles -- Conclusion -- Section 2-The Media Engagement Framework -- Chapter 3-Introduction to the Media Engagement Framework -- Case Study: Stratification of engagement -- PitneyBowes -- Applying the Media Engagement Framework -- Media channel agnostic -- The personas of the media engagement framework -- Influencers -- Case Study: Co-creating a brand with the customer -- Delta Airlines -- Consumers -- Individuals -- Brand imagery -- Competitive set -- Influencer: Endorsement share -- Consumer: Brands -- Individual: Time -- Measurement set -- Influencer endorsement funnel -- Consumer purchase funnel -- Community engagement funnel -- Conclusion -- Chapter 4-Influencer Persona in the Media Engagement Framework -- The influencer and the Media Engagement Framework -- Case Study: The three pillars of marketing -- Microsoft, Southeast Asia -- Evaluating Influence -- Influencer segmentation -- Influence measurement tools -- Compensating influencers -- Influencer communities -- Influencer marketing agencies -- Influencer stratification -- Other influencer segmentation dimensions -- The influencer endorsement funnel -- Conclusion -- Chapter 5-Consumer Persona in the Media Engagement Framework -- Case Study: Amplifying the effect of offline with online social media -- Guinness Anchor Berhad -- The consumer and the MEF -- Consumers as a subset of individuals -- Consumer purchase funnel -- Social media and B2B marketing and selling -- The purchase committee -- Messages moving B2B consumers down the consumer purchase funnel -- Case Study: Marketing is the new finance -- Dell Computers, Inc., EMEA.

Conclusion -- Chapter 6-Individual Persona in the Media Engagement Framework -- The individual and the MEF -- Case Study: Driving value and users in the community engagement funnel-Twitter versus F150online -- Twitter -- F150online -- The community engagement funnel -- Conclusion -- Chapter 7-The Competitive Set-Vying for Attention -- Endorsement share as the competitive set for influencers -- Brand as the competitive set for consumers -- Case Study: Competing demands for time- how much zoo can you use? -- The world-famous San Diego Zoo and the San Diego Zoo's Wild Animal Park -- Time as the competitive set -- Conclusion -- Chapter 8-The Brand Image -- Brand image across the MEF -- Brand imagery -- Brand preferences -- Case Study: Audience segmentation around a topic -- Joan Koerber-Walker-CorePurpose -- Influencers and the brand -- Consumers and the brand -- Individuals and the brand -- Tracking attribute scores in social media -- Conclusion -- Chapter 9-Search-Being Found in Social Media -- Being visible in social media -- Social media and search -- Organic search -- Paid ads on the search pages -- Social marketing and the impact on SEM -- The "memory" of the web -- Web page archiving and storage -- Conclusion -- Section 3-Practical Applications of Social Media ROI -- Chapter 10-Putting Values to the "R" and "I" of ROI in Social Media -- Why ROI? -- Put marketing in the critical path to corporate success -- Marketing ROI for the short and long term -- Revenue, profit, brand and share -- Optimization: Approachable through continuous improvement -- Case Study: Social marketing ROI: A focal point for the financial services industry -- First Tennessee Bank -- Introduction to ROI -- The "I" side of the ROI equation -- The cost of a CEO blog -- Case Study: Stratifying response to determine effectiveness -- 1800Flowers.com -- Measuring the "R" of ROI.

Conclusion: The ROI of ROI -- Chapter 11-Eight-Step Process to Measuring Social Marketing Strategy and ROI -- Building a culture of metrics in social media -- Social marketing metrics infrastructure -- Corporate and marketing infrastructure -- Social media channel -- Campaign -- Ongoing metrics and flighting of messages -- Eight-Step process to measure social marketing strategy and ROI -- 1. Develop strategy and set goals -- 2. Identifying target audiences -- 3. Developing the campaign message and monitoring conversation content -- 4. Executing social marketing campaign tactics -- 5. Defining, monitoring and evaluating interim and success metrics -- choosing the analytical methodology -- 6. Monitoring and managing the execution of social marketing campaigns -- 7. Measuring and tracking actual costs, calculating ROI -- 8. Reviewing success or failure and iterating -- Conclusion -- Chapter 12-Social Media Metrics Tools Providers -- Evaluating metrics tools and how to survey tool capabilities -- Monitoring versus metrics versus influence -- A framework for evaluating tools -- Tool pricing -- Tool assessment characteristics -- Type of tool -- Listening capabilities -- The metric of tone and sentiment -- Platform orientation -- Scalability -- Metrics provided -- Examples using the ROI of social media tool analysis framework -- Tool evaluation summary -- Vendor Interviews -- Case Study: Answering the (social) phone -- Radian6 -- Case Study: Measurement makes sense when social media has a clearly defined strategy -- Alterian -- Case Study: Twitter can be analyzed -- Twitalyzer -- Case Study: Check the clout of influencers in your market -- Klout -- Conclusion -- Section 4-Where Does Social Media Go from Here? -- Chapter 13-The Future of Social Media and ROI -- Case Study: Being social before the advent of social media -- Allrecipes.com.

Greatly expanded business adoption of social media -- The death of social media and the emergence of a new social paradigm -- Noise -- Consumer expectations of understanding who they are -- A global market that never closes -- Consumer privacy, identity, location and portability -- Privacy and identity in social media -- Physical location in a virtual world -- Single sign-on -- Trust and reputation-based economy -- Semantics -- Semantic engines get smarter -- Semantic analysis of consumer generated content -- Network access and mobile -- The micro scale economics of social media -- The social media bubble and global platform consolidation -- China and social media -- Unforeseen applications of social technology -- Conclusion -- Afterword -- Appendix -- Bibliography -- Index.
Abstract:
How to Improve the Return on Your Social Marketing Investment This book more than adequately covers this increasingly important topic, as social media begins to take its rightful place on the center stage of not just marketing but a number of business disciplines. ROI of Social Media is an excellent analysis of the current landscape. I cannot recall any book that singularly tackles ROI at this level, most media books simply give a passing reference or chapter on ROI, this is the first comprehensive study. -Larry Weber, Founder and chairman of W2 Group, Formerly of Weber Shandwick We know that for 2011 and the foreseeable future, ROI is one of the top priorities for the social media strategist at many companies, ROI of Social Media is the right book at the right time as social media strategist are needing to work the various department within the enterprise and show that the investments in social tactics and tools are a good investment. The 15 case studies contained in this book will help the social media strategist understand how global brands are successfully using social marketing to connect to their audience. -Jeremiah Owyang, Partner, Altimeter Group The ROI of Social Media is a must-read for any business looking to get the most out of their investments in social marketing. It sets the stage for marketers to interact with influencers, individuals and consumers and explains the relationships between them. This book breaks down into simple terms both "dollars" and "sense" for social marketers to live by. Fundamentals, strategies and tactics …this book has it all. The ROI of Social Media will be the dog-eared book that sits on the corner of your desk used to prove many a point. -John Lovett, Senior Partner & Principal Consultant, Web Analytics Demystified Analytics are the core to a consistently successful marketing program. This book offers the

metrics to manage social marketing programs, to measure their success, to diagnose underperforming elements, and to deliver extraordinary results. Kudos to this team of marketers in putting this essential book together. -Professor JC Larreche, InSEAD, Author of The Momentum Effect.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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