SOCIAL MEDIA, what we think about!
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SOCIAL MEDIA, what we think about!
Everyone talks about social media, what is important or a must..., make your choice! -- Keep in touch: http://www.xeeme.com/MartinGysler
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New Google Analytics Social Reports: Measure SMM Value, View Streams

New Google Analytics Social Reports: Measure SMM Value, View Streams | SOCIAL MEDIA, what we think about! | Scoop.it

This is the quesiton who is on the lips of anyone active in social media, "what is the ROI of social media" Google and its new tools can be an additional response. [note mg]


Google’s new suite of Social reports within their Analytics platform launches tomorrow. Among the new features, users can compare last-click to assisted conversions, see Social Visitors Flow, view select social streams in Analytics, and more.


The Google Analytics team has just announced a new set of reports to help marketers more accurately measure the actual value of social media. Speaking at SES New York this morning, Google shared the news of the immediate, incremental launch of their new Social Reports.


In an interview with Search Engine Watch, Group Product Manager Phil Mui explained how the new Google Analytics social reports allow marketers to measure both the last-click and the “assisted” upper-funnel value of social.


Read more: http://searchenginewatch.com/article/2161938/New-Google-Analytics-Social-Reports-Measure-SMM-Value-View-Streams

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6 Ways to Measure Your Social Media Results

6 Ways to Measure Your Social Media Results | SOCIAL MEDIA, what we think about! | Scoop.it
Social media measurement: how to develop a framework for tying your social media performance to your business goals so you can measure your social media results.

 

How much time are you spending on social media? Can you tell if it’s helping sales?

 

Wouldn’t it be nice to have a framework for measuring the impact of your social media efforts?

 

That’s where Susan Etlinger’s new research for the Altimeter Group comes into play. Susan did qualitative research with 60 social media marketers and vendors to understand how businesses currently measure their social media performance.

 

Her goal: to develop a framework for tying social media performance to business goals.

 

NOTE: Because Susan’s original research targeted enterprise-level companies, I interviewed her to add some small business insights. The following comments combine results of the research and that interview...

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4 Boardroom-Approved Reasons for Content Marketing

4 Boardroom-Approved Reasons for Content Marketing | SOCIAL MEDIA, what we think about! | Scoop.it
So, if you’re making the case for social media in a board room near you, you might want to focus less on the feel-good moments of social media and more on the return on the investment of your (and your company’s) time.
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Enterprises Struggle To Measure Social Media ROI

Enterprises Struggle To Measure Social Media ROI | SOCIAL MEDIA, what we think about! | Scoop.it
Our recent study of the top companies across several categories revealed that on average just over 80% are using some form of social media.

Yet another study shows that most have not figured out how to calculate a return on that investment. According to a Hypatia Research report, “Benchmarking Social Community Platform Investments & ROI,” only 40% of companies measure social media performance on a quarterly or annual basis, while almost 13% or the organizations surveyed do not measure ROI from social media at all, and another 18% said they do so only on an ad hoc basis. (Hypatia didn’t specify what response the other 29% gave.)
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When ROI Represents the Realization of Influence

When ROI Represents the Realization of Influence | SOCIAL MEDIA, what we think about! | Scoop.it

If you want to know more about what is the ROI in social media, you should read this blog post and perhaps also the related book. [note mg]


Vincenzo Cosenza is a new media strategist living in Italy who has over the years, designed some of the industry’s most comprehensive infographics on social media’s global footprint. Recently, he asked if I would write the foreword for his new book, Social Media ROI. And, as I’m a fan of his work, it was an easy decision. As usual however, I asked for permission to share it with you here and his publisher agreed. This is the only place where you can read this in English…


For the record, I also wrote the foreword for Olivier Blanchard’s book, Social Media ROI in early 2011. Yes…same name. I’m not a supporter of the fact that the publisher of this latest book did not take Olivier’s title into account.


Read more: http://www.briansolis.com/2012/02/when-roi-represents-the-realization-of-influence/

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7 Ways to Tell If You Should Change Your Social Media Strategy

7 Ways to Tell If You Should Change Your Social Media Strategy | SOCIAL MEDIA, what we think about! | Scoop.it

In the past, I’ve often emphasized upon the importance of building and adopting a social media strategy that works. Last year, I wrote several posts to uncover why businesses must formulate and practice a social media strategy that works. Whether it’s measuring the ROI on your social media efforts or saving a dying business with social media, building a social media strategy is one of the basic building blocks to leveraging social media for your business.

 

However, having a stale social media strategy won’t help in most cases. You need to adopt a dynamic outlook and be prepared to adopt a Plan-B if the chosen strategy isn’t fetching the desired results. As a business, how do you know if it’s time to change your social media strategy? In this post, I present 7 parameters which should help you decide if it’s time for a change.

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Does Social Media Have A Return On Investment?

Does Social Media Have A Return On Investment? | SOCIAL MEDIA, what we think about! | Scoop.it
Do "likes" and retweets add up to sales? Who knows? And who really cares? We're in the I Love Lucy era of social-media marketing, a golden age of unaccountability.

THIS YEAR, AUDI RAN the first-ever Super Bowl commercial to feature a Twitter hashtag. Did you miss that watershed moment? Don't feel too bad: The hashtag -- #ProgressIs, a take on the carmaker's line "Luxury has progressed" -- flashed on the screen for just a second, near the end of a surreal and entertaining ad that featured millionaires trying to escape from a minimum-security prison, and a cameo by, who else, sax man and Lite-FM staple Kenny G.
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