MKTG-430 Lecture Notes - Lecture 26: Hootsuite, Brand Awareness, Bitly

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8 May 2018
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Social Media Metrics
What matters most?
I came here to show you a way that could save four million dollars of search marketing
while boosting online sales by 6%-8%
Several types of things you can measure
Reach- the number of people who are exposed to the message
Frequency- the average number of people exposed to the message. Divide by the total
number of people who looked at it
Site stickiness- ability of the site to draw repeat visits and keep people on the site
(website, blog)
Relative pull- a comparison of how well different creative execution generate a response
Click-through- he a user liks o a esite ad lads o the ladig page, does’t
necessary only need to be link (could be picture and video)
Sales conversion- how many people did you reach and how many become customers
View through- most likely through videos and people are exposed to it but not
necessarily click
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Why measuring and analyzing is important?
Measurement is the first step that leads to control, and eventually, to improvement
reasons to look for content performance
Find out the effectiveness of your marketing efforts
Discover insights and future goals
Document and report progress for future references
What do you have to do prior? Identify
o Buyers journey:
Awareness -> Consideration-> decision
Engagement is part of TOFU, generate brand awareness
MOFU should be something you get leads on, convert to sign up for a newsletter
BOFU- get them to become your customers
Saw- reach
Saved- saved bookmark
Rated- rate video good or bad
Repeated- watch again
Commented- commented on the item
Clicked-
Interacted-
Purchased-
Recommended-
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Document Summary

Interacted: purchased, recommended, e(cid:454)a(cid:373)ple: a(cid:373)azo(cid:374) (cid:272)ould se(cid:374)d (cid:455)ou a(cid:374) e(cid:373)ail aski(cid:374)g (cid:455)ou to re(cid:448)ie(cid:449) a(cid:374)d if (cid:455)ou do(cid:374)"t right away they might try to fix it before you leave a review. If (cid:455)ou do(cid:374)"t ha(cid:448)e a (cid:449)e(cid:271)site (cid:455)ou do(cid:374)"t ha(cid:448)e (cid:272)redita(cid:271)ilit(cid:455) If (cid:455)ou o(cid:374)l(cid:455) use so(cid:272)ial (cid:373)edia, (cid:455)ou (cid:449)o(cid:374)"t be as successful: what metrics do we have to focus on? (what should you be tracking?, click through rate, average page depth, bounce rate, unique visitors/users, page views, session duration. Why do you think wikipedia always ranks first in a search results page: backlinks, always being updated (quality content, quantity of the content, who, what, when, where, why. Key performance indicators: measurements within a defined context are metrics, measurements require context to provide useful feedback, metrics that we tie to objectives are key performance indicators, objectives must be well-defined before we can identify key performance indicators.

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