Public Relations & Social Marketing Insight
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Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
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Today's Most Innovative Company: Datalogix Shows How Promoted Tweets Make Us Buy Stuff

Today's Most Innovative Company: Datalogix Shows How Promoted Tweets Make Us Buy Stuff | Public Relations & Social Marketing Insight | Scoop.it

Do the Promoted Tweets and Sponsored Facebook Posts we see online really influence what we purchase when we sign off and head to the store? Datalogix, the data giant that tracks more than $1 trillion in consumer spending, is finding the answers for Twitter and Facebook.


Through a new advertising metric Twitter is calling "offline sales impact," it has been working with Datalogix to find out how brands' tweets--essentially miniature online ads--impact their offline sales.In preliminary studies with 35 brands, Datalogix found Twitter users who were exposed to a brand's tweets purchased more than users who didn't interact with a brand's tweets at all, regardless of whether they were Promoted Tweets or organic. Datalogix also found users who both followed a brand's Twitter account and were exposed to that brand's Promoted Tweets made nearly 30% more offline purchases.

Jeff Domansky's insight:

Proof positive. Social media sells.

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Measuring the Impact of Your Content Marketing Strategy: The Pyramid Approach

Measuring the Impact of Your Content Marketing Strategy: The Pyramid Approach | Public Relations & Social Marketing Insight | Scoop.it

... Sales lift, impact, and retention are just a few of the key measurements for any return-on-objective (ROO) program. (Note: I like to use ROO instead of ROI [return on investment] because it focuses content marketers on the real objectives.)


Sometimes ROO can be determined with one metric, while other times four or five are needed to show an impact on your organization’s business goals.ROO measurements come in all shapes and sizes, and usually include multiple items to give you the complete answer to your question. The important aspect to remember is you aren’t measuring just for the sake of measurement.


The tools and tactics below are used to directly determine what a project’s objectives should be. If you keep that in mind, you’ll get your ROO. Here are a few measurement initiatives to get you started...

Jeff Domansky's insight:

Joe Pulizzi shows how to measure what matters. Great tips!

Lea Woodward's curator insight, June 22, 2013 3:14 PM

Interesting approach to measurement that provides a useful framework. Like the focus on ROO (return on ibjective) vs. the more typical ROI.

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Be careful what you ask for, you might just measure it | Brian Solis

Be careful what you ask for, you might just measure it | Brian Solis | Public Relations & Social Marketing Insight | Scoop.it

...Metrics are critical indicators of performance and progress yes, but when new media enters the fray, more questions than answers cloud the ability to see beyond the horizon. And, as new media becomes increasingly disruptive, innovation and a bit of clairvoyance are required to serve up new hypotheses that help leaders make decisions in the absence of history or precedence. It is in these times when competitive threat is equal to, or in some cases less than the threat of digital Darwinism. When technology and consumer behavior cause change faster than your ability to recognize and adapt (and lead), we surface the first and potentially dangerous series of slipping points that like the game of Chutes and Ladders, cause us to fall further away from our position or intention....

 

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Does Social Media Have Real Value? - Business 2 Community

Does Social Media Have Real Value? - Business 2 Community | Public Relations & Social Marketing Insight | Scoop.it

The ongoing debate about the value of social media engagement remains unresolved. However efforts have been made to assess the value of social media as “earned media” and to assess the ROI of social media marketing. After applying these recent calculations to our business and to our clients’ businesses, we find the assessments reasonable. At the very least, these calculations create a starting point for analysis of individual business results. ...

Jeff Domansky's insight:

Research encouraging and getting better at highlighting social media ROI.

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How to determine what’s working in your social media campaign | memeburn

How to determine what’s working in your social media campaign | memeburn | Public Relations & Social Marketing Insight | Scoop.it

...Naturally, it’s common sense that businesses want to see if their social media campaign is helping them reach their goals. Social media is all about the community which you do your business with, and actually has little to do with “media”. So in truth, if you are measuring your social media campaign, it must focus on and reveal insight about the members of your community and how engagement with them impacts your business.

 

Social media is a medium that works because it allows people to communicate with each other and it’s not about disruptive communication where you don’t have a say. With social media it is key to continuously evaluate and monitor what people are talking about that is relevant to your company and respond to them appropriately. There are hundreds of tools available that you can use to measure basically everything regarding your social media campaign, but in reality it’s a waste of resources, time, and money if you fail to monitor only selective metrics that matter to you.

 

There are many metrics you can use to measure your campaign and many of the tools that measure this will have their own metrics, but which actually matters? Find below a couple of metrics that I use as a baseline for all my social media campaigns....

Jeff Domansky's insight:

Key quote: "...it’s a waste of resources, time, and money if you fail to monitor only selective metrics that matter to you." in other words, measure what matters to your business. Great suggestions on the metrics that count to business.

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