Posts Tagged: Social Media Analytics

Accuracy in Web Metrics is a Myth. Go for Real Time Analytics

It’s online marketers’ dirty little secret: Web metrics are not very accurate. None of them.

Surprised? You shouldn’t be.

Users can block script and pixel based systems and proxy servers (servers that cache content to reduce bandwidth use on networks, like say, your ISP’s or corporate network) prevent your server’s weblog from recording every page view (I blogged in a little more detail on accuracy issues here). On top of network issues, there are some basic software limitations in browsers and metric packages that prevent every click and visit from being counted.

How bad is it? Somewhere between 4% and 12%. And it’s almost, almost always missing clicks, visits and page views.

So, do web analytics have value? Yes. But despite what you may think, their value isn’t counting every single click you get on your site. It’s for identifying trends. Knowing what is happening and what has happened in aggregate has great value. Even with a 6-12% margin of error.

The problem is, many web metrics solutions are on a time delay (like Google Analytics) that prevents you from seeing what is happening now. On the internet “NOW” means everything. And if you want to see what is happening minute to minute, your options are rather limited.

Here’s a situation that happened with one of my clients:

We had a client who had just started a $90,000, 48 hour advertising campaign for a major affiliate network. We didn’t realize it, but some bad code was preventing people coming to a landing page for step 3 in the registration process. A real-time analytics package allowed us to see the problem and fix it in about 15 minutes, but a once-a-day analytics package would have only pointed out the problem halfway through our 48 hour schedule.

Should we have tested the landing page better? Yes. Reality is that marketing sites are often done on much tighter deadlines than traditional software development and sometimes testing isn’t that great. That means real time metrics are critical.

If we had waited 12 hours for metrics to become available, my client would have lost 25% of sales and 25% of the money they had spent on the campaign.

Real time matters more than you think. If you’re not investing in it, you need to consider it.

PG
About the Author: Mike Seidle
Mike Seidle is a leading Internet marketing strategist and has been helping companies with search engine optimization and developing cost effective Internet marketing strategies since 1998. Mike is a one of the founders of Professional Blog Service and currently serves on Professional Blog Service's board of directors.

3 Reasons Why Sports Marketers Need Social Media

Sponsoring a sports team or event is not just about signing a check. It’s more than just getting your name on the side of a car or a sign in the stadium.

Basically, if you want your sponsorship dollars to be an effective marketing tool, you need to double your total sponsorship budget just to promote the fact that you have a sponsorship deal. If your sponsorship is for $100,000, spend another $100,000 to promote it.

If you’re sponsoring a racing team, you need to tell your customers about it, and get them to cheer for “your” team. If you’re sponsoring a football team, you need to get your best customers into the luxury suite to see and hear the game. Even if you’re sponsoring a Little League baseball team, you need to find a way to bring the parents into your store or restaurant after a game.

Tomas Scheckter

I’ve been thinking about how sports marketing professionals can use social media to their benefit over the last several months. Last year, we brought a some Indy Lights team owners and sponsorship brokers — Gary Sallee, Roger Brummett, and Tyce Carlson — to talk about sports marketing at a Confluence networking event.

That month, I also had a chance to talk to Mike Micheli, PR director of Dale Coyne Racing, who was also a great guide and mentor when I became one of the first ever race bloggers at last year’s Indianapolis 500. (He also hooked me up with Tomas Scheckter for a quick interview.)

The Problem: You Just Can’t Effectively Measure Traditional Marketing

One thing both the team owners and Mike Micheli explained is that sports marketing is no longer just about soliciting checks from big companies. Now, team owners have to be able to demonstrate the ROI of a sponsorship.

I can’t imagine anything harder in the measurement and analytics world. It’s just as hard as measuring regular marketing outlets. You don’t know which TV commercials increased sales, and which ones lost money. You don’t know which billboards brought visitors to your website.

And good luck trying to figure out which logo placement or interview plug was responsible for the bump in sales. You’re trying to figure out which made money and which lost you money, whether it was the car sponsorship, or the special event tent. Or the t-shirts. Or the ad in the race program. Or the — you get the picture.

But social media can do all of that, and then some. Here are three things social media can do for sports marketers.

1. Social Media Can Prove ROI in Sports Marketing

The great thing about social media is that it’s easy to demonstrate the ROI. Thanks to simple tools like Google Analytics and bit.ly, it’s possible to come up with a basic system to see how many people found your website, requested additional information, or bought something. With a paid solution like Yahoo Analytics, you can actually get more specific information, as well as deeper stats and real-time results.

You can measure a campaign’s success and figure out which variables, messages, and even time of day brought the best results. See if you get spikes in traffic before, during, or after an event. And whether the spikes are taking place in the event’s city, or if they’re spread out. You can even set up different URLs and landing pages, and do A/B testing to see which variables brought the best results.

Take it a step further and use products like Radian6, ScoutLabs, or even Vocus to monitor the social media discussion about your brand and your team. Now you can pay attention to who’s talking about your brand, and interact with the ones who are the most vocal, whether positive or negative. You just can’t do that with a billboard or a TV spot.

2. Social Media Can Grow a Sports Marketing Audience

There are more social media tools than you can shake a stick at. Suffice it to say, there are plenty of ways to connect with your customers online. For a good start, get Twitter Marketing for Dummies (affiliate link). (Full disclosure: I helped Kyle Lacy write this book. Shameless plug: We’re working on another one.)

Use tools like Twitterment, NearbyTweets, and even Twitter’s own search function to find people who are interested in your team. Use Twitterfall or TweetDeck’s search feature to watch for dicsussions about your team or the event.

Connect with those people, and discuss the team, the players/drivers/crew, and the event itself. Don’t sell them anything or talk about your company. if you have to, hold a special contest or make a special offer. “If our team finishes in a certain place or higher, the first 500 people to tweet us gets a coupon for a free widget.” But other than that, talk about the thing that interests the fans (hint: it’s not you).

3. Social Media Can Deepen Relationships With Fans and Customers

Enhance your customers’ experience on race day by live blogging, tweeting, and video streaming from the stands, the sponsor’s tent, or even Victory Lane.

  • Get some behind-the-scenes looks (assuming you get permission from the team) at what it looks like in a garage or locker room.
  • Hold a special Twitter chat with a driver or crew member.
  • Have a player give a special video greeting or tour for fans.
  • Ask different team members to blog about their experiences over the season, complete with photos and videos.

Social media lets fans see the things they might be missing, but help them feel like they’re part of the experience. By doing this, you help them feel more like a part of the team. They’re insiders, with special knowledge about the team, the athletes, and the event. By feeling like they’re connected, they’ll become more of a fan, not only of the team, but of the organization or brand that helped them get there.

Reblog this post [with Zemanta]
PG
About the Author: Erik Deckers
Erik is the VP of Operations & Creative Services for Pro Blog Service. He has been blogging since 1998, and has been a published writer for more than 22 years. He has written humor newspaper columns, business articles, radio and stage plays, and is currently working on a novel. He helped write Twitter Marketing for Dummies, and is writing two other books on social media and networking. Erik frequently speaks on blogging and social media.

A Year in Review

Professional Blog Service started a year ago out of Indy Associates to assist companies in generating content they need for most of their Internet marketing activity.

While at Indy Associates, we always recommended blogging as a good Search Engine Optimization (SEO) strategy. With the popularity of social media sites like Linkedin, Facebook and micro-blogging service Twitter, the strategy has become even more important. The challenge for most of our customers was the blog content generation. Most companies do not have trained content writers that are able to develop conversational blog content, while writing for the search engines. Most important, many of clients have great ideas with no time to share them.

So, what have we learned in 2009?

Most companies still do not have the resources, or the time to write their own content.

2009 saw the unemployment rate hit 10% in November. It was reported that many companies laid off many in their workforce leaving those left behind with more work to do and little time to get it done. The last thing on anyone’s mind is getting blog content written, even though everyone agrees that marketing is still important in a down economy.

Blogging and Social Media continue to evolve from AOL of the 90s to Facebook, Linkedin, and Twitter heading into a new decade.

“Two-thirds of the world’s Internet population visit social networking or blogging sites, accounting for almost 10% of all Internet time, according to a Nielsen report published in March of this year, “Global Faces and Networked Places.” These numbers keep rising as the year progresses. By 2012, IBM predicts that globally, a quarter of the global population will be using social media in some form.

Results still matter to most companies.

Learning how to play in social media is one thing. Getting people to interact with you is another. Your clients may or may not interact with you through social media. The challenge for all companies is finding out which ones they should engage. You may be able to sell like Dell, or respond to customer complaints like Southwest Airlines and Jet Blue Airlines have done. (Note to my former colleagues at American Airlines – take note!). Either way, Social Media and Blogging is measurable in some way depending on the strategic approach you take with it.

There are great tools like Yahoo Analytics (shameless plug as we are a Yahoo Analytics consultant). Radian6 and Scoutlabs can track who’s talking about you, and help you decide whether to act on the positive or negative media being generated.

We predict that 2010 will be the year of results with blogging and social media. In a nutshell, you are doing it to build your marketing list, or to generate interest in your products or services. To succeed, you will need:

  1. An understanding of how your market uses blogging and social media, if at all
  2. A plan to participate
  3. Execution and commitment to the plan
  4. Measurement of the results over the course of the year, not a month

If you can learn how to do it before your competition, you win. It will take them 12 months just to figure out what you have done.

Happy New Year from Professional Blog Service

PG
About the Author: Paul Lorinczi
Paul Lorinczi is the President of Professional Blog Service. The goal of the company is the help clients use Blogging and Social Media to expand their business online through planning, execution, and measurement.

How to Measure Your Twitter ROI

John Jantsch over at Duct Tape Marketing posted an excellent article on How to Make Your Tweets More Useful.

Jantsch says that one of the big problems businesses have with Twitter is whether Twitter has an effective ROI. While most businesses love the push/interruption marketing approach, they’re just not going to get that many followers doing it, and thus the ROI is going to be low, and the executives who gave a wary, half-hearted approval are going to say, “See? Told you it wouldn’t work.”tape_measure_small1

The problem is that social media doesn’t work that way. We don’t like to be pushed or interrupted. Or when you do it, it has to be so slick and smooth, we don’t even realize you did it. You can’t just beat us over the head with commercial after commercial of “Daily special: Mention this tweet and receive 10% off your next order!” You’ll be dropped faster than a napkin with someone else’s snot on it.

Jantsch says we should think about our tweeting activities and payoffs in an “expanded way.” (That’s “adopt a revolutionary paradigm” for you marketing-speak addicts.

We can use Twitter to test messages and headlines, best time of day for tweeting, soliciting comments and feedback, and find out what interests people.

Jantsch offers a few ideas we can use to improve our Twitter ROI and actually get some use out of the tool. Here are a few of his ideas, paraphrased and adapted:

  • Forward an article to your followers, using the bit.ly URL shortener in TweetDeck or at www.bit.ly. Measure the Return On Influence at Twitalyzer.com or at www.bit.ly. If you get a lot of traffic in the form of clicks, you may be able to do your own blog post on the subject (sort of like this post!).
  • Tweet a question to your followers for their opinion on a decision you need to make. Link a shortened URL to the page/post in question, check the stats, and read the comments. Throw in a survey if it will help.
  • See what kinds of tweets people respond to the best. If they respond to certain ones more, say personal or non-commercial posts, you may be on to something. Give people more of what they respond to. Don’t flood them with the other stuff, because they weren’t responding the first time.

Twitter is quickly becoming a tool for businesses to marketing and promote their brand or product. And for those of you who have to show your boss how to find the ROI, these are a few ways to do it. There are plenty of Twitter tracking and measuring tools out there. I just happen to favor Bitly and Twitalyzer. You can use what you want.

So what do you use to measure your Twitter ROI?

Are you measuring your Twitter results? How are you doing it? Any ideas or suggestions or things to avoid?

PG
About the Author: admin

You Can’t Measure Web 2.0 with Old School Expectations

A few months ago on another blog, I talked about the problem with measuring social media through Marketing 1.0. Most old school marketers — Marketing 1.0 pros — are used to reaching hundreds of thousands of people, or even millions. So they tend to get frustrated when their whiz-bang social media campaign is only getting hundreds or just a few thousand visits. They’re spoiled by the big numbers, and think social media should be just as robust.

The problem is, they weren’t really reaching millions in the first place. They were being lied to by ad salespeople, and it colored their perception of who they were reaching.

Here’s an example.

The Golf Channel’s Inflated Numbers

According to the Golf Channel’s website, they have a “global reach of almost 110 million homes,” which makes the Marketing 1.0 pro think they’re going to reach 110 million people.

Not even close. Let’s run through the math:

  1. According to the National Golf Foundation, in 2008, that number was 29.5 million Americans. That’s not even 10% of the entire country. But do 29.5 million people watch the Golf Channel? No.
  2. The Golf Channel won’t even say how many people they get. But Sports Business Daily did.
  3. According to Sports Business Daily, Golf Channel’s average daily viewership is 77,000. Primetime viewership runs around 131,000.
  4. 77,000 viewers divided by 110 million homes is. . . .07%. Not even one-tenth of one percent the Golf Channel likes to brag about. But you can bet every Golf Channel ad salesperson is telling their customers, “We have a reach of 110 million homes.”

But it doesn’t end with the Golf Channel. Newspapers and magazines boast about print runs, but don’t talk about readership (often less than half). Radio’s Arbitron ratings and TV’s Nielsen ratings are based on surveys and estimates, not actual numbers of listeners and viewers.

So how do you know who’s telling the truth? Can they even accurately measure reach, or tell how many people watched a particular program? Not really. They can come close based on statistics. But they don’t know who saw your ad, if they were flipping around during the commercials, or if your commercial caused someone to go to the store and buy your product.

The same is true for PR. If a newspaper has a print run of 500,000 copies but a real readership of 300,000, the PR person will say, “we reached as many as 500,000 readers,” but they’re only counting the print run, not the actual number of people who read that article. They don’t know if anyone saw the article about your latest book buried on page E13, if anyone sent it to others, talked about it over coffee, or even bought the book as a direct result of the article.

Social media is able to measure itself, although not completely accurately. Still 90% accuracy is better than “we have a global reach of 110 million homes.”

How can I measure my site traffic?

Thanks to products like Google Analytics, Yahoo Analytics, and StatCounter, you can measure website and blog traffic. You can see what keywords brought people into your site, what pages they landed on, and if they purchased one of your products. This way, you can see which keywords led to the most purchases, and focus more of your attention to promoting those keywords.

With programs like Radian6, you can see if people are talking about you or your product, and which Tweets, blogs, and websites you’re on. From there, you can follow those links back to your analytics package and measure visitors’ buying behavior.

So what do hundreds of visitors do for me?

More than the millions of people the ad salespeople were telling you about.

For one thing, you can find out which of those hundreds of people truly love your product. Which ones are the raving fans. Which ones tell their friends about your product.

Jason Falls of SocialMediaExplorer tells a story about how Maker’s Mark Bourbon has an Ambassadors Club, a group of raving fans of the high-end Kentucky bourbon. They get cards saying they’re Ambassadors, they have a special website, and get special inside information to help them become evangelists of the product.

When one of the Maker’s Mark Ambassadors is in a bar, and a person next to them orders another kind of bourbon, the Ambassador says, “No, you don’t want that,” and they order their new friend a Maker’s Mark. They tell the story about the bourbon, give them a card, and encourage the person to become a new fan of Maker’s Mark. The program is such a success, because they’re constantly having to send out new cards. (They have other ways of measuring their success too, but Jason didn’t tell me that part of the story.)

Imagine you’ve got a high-end consumer product that will only be enjoyed by a small, but affluent group of people. Where are you going to put your money? How are you going to track the results? How will you determine the reach of your message and which ones are the most effective? What kind of strategy could you build with social media as compared to broadcast or print media?

Do you have any thoughts? What would you do? Leave us a comment.

PG
About the Author: Erik Deckers
Erik is the VP of Operations & Creative Services for Pro Blog Service. He has been blogging since 1998, and has been a published writer for more than 22 years. He has written humor newspaper columns, business articles, radio and stage plays, and is currently working on a novel. He helped write Twitter Marketing for Dummies, and is writing two other books on social media and networking. Erik frequently speaks on blogging and social media.

Are Your Customers Talking About You? Five Ways to Find Out

In our last post, we talked about how Twitter helped start a revolution in Moldova, and how the ruling Communist party was caught unaware that any protest was going to begin until it actually began.

People are talking about your organization, whether you know it or not. The Communists were not following any discussion on Twitter or social media, and were completely caught off-guard by the protests. The best way to find out if someone is talking about your company on social media? Use social media.


So how can you find out whether people are talking about your company or not? Can you even measure it? There are a few basic ways that any social media practitioner uses:

Plain ol’ Google – We’ll start with the most obvious one. Just type in your company name, product name, or even your name, and see what comes up. If you’ve done nothing else online, hopefully your website and a Google map came up. If it didn’t, learn search engine optimization and start blogging super quick and fix this.

Google News Alert – If you like what you see in your Google search (i.e. not “nothing”), you can set up a Google Alert to let you know whenever your name, your company, your product or industry have appeared in a news article, website, and even blog. We use Google Alerts to monitor issues in our industry, see what our clients are up to, and to even see where our own names are appearing (we’re very needy that way).

Twitter searches – We use Twitterment.com, TwitterFall.com, and of course, Twitter’s own search feature. Twitterment does a keyword search, especially in a Twitter bio, so you can find people based on their background or interests. TwitterFall lets you search for keywords and then drops them on a website page for you to see (TweetDeck’s search feature will do the same thing, but without the clunky web interface.), and Twitter search will look at every tweet for your search term.

Radian6 – A social media measurement service that actually seeks out and tabulates social media conversations people are having on Twitter, blogs, and other social networking sites. It’s a subscription-based service. We use it for some of our clients here, and have been able to not only find conversations about their topic, but find out who started it, how much of a social reach they had, and determine what the potential impact a positive or negative message could have on them.

Bloglines – Search blogs and get the results emailed to you. It works a lot like Google Alerts, but delivers the results to your home page and RSS feeds, rather than your email (Google Alerts can only send results to your email).

So what did you find? Are people talking about you? Are they saying mean and nasty things about your horrid lack of customer service, or are they singing your praises because you deliver more than you promise, you’re on time, and provide a great value?

Or did you find nothing? If you’re a glass-half-empty kind of person, that’s great, because no one is saying anything bad about you.

On the other hand, if you’re a marketer, this is awful news, because no one is talking about you! You are NOT the subject of anyone’s conversations. You have barely made a dent in the mindshare of your market. And you’re probably destined for more of the same until your company shuts down, which may be any time now.

If you want to jumpstart a conversation about your company, now is the time to start blogging and participating in social media. Read this blog, read Kyle Lacy’s blog, read Doug Karr’s blog. Or you can even give us a call.

Just start doing something right away.

PG
About the Author: Erik Deckers
Erik is the VP of Operations & Creative Services for Pro Blog Service. He has been blogging since 1998, and has been a published writer for more than 22 years. He has written humor newspaper columns, business articles, radio and stage plays, and is currently working on a novel. He helped write Twitter Marketing for Dummies, and is writing two other books on social media and networking. Erik frequently speaks on blogging and social media.

Your Company Should Not Use Social Media. Ever.

Okay, maybe your company should, but not some of the more. . . tightly-clenched companies we’ve seen.

(Yeah, I realize we just pulled the social media equivalent of “SEX! Now that I have your attention. . .”, but this article truly is about social media.)

BL Ochman, over at the What’s Next blog, wrote a great post about why certain companies shouldn’t be on Twitter. A few reasons include “every Tweet has to be approved by Legal,” and “you are not going to respond when people direct Tweets at you.”

We see this a lot at Pro Blog Service. There are companies who want to enter the social media realm, but they shouldn’t.

With apologies to BL Ochman, here is our own list of reasons your company should not be doing social media.

  1. You have to deal with Legal or Regulatory Compliance issues. Ochman may have said it, but it bears repeating. A lot. I’ve had to deal with Legal departments in the past, and at best, they’re mild annoyances. But when they feel they need to actually dictate the marketing message, they become a roadblock to everything. That’s when the Marketing Department either needs to turn control of marketing to Legal, or ask for the rights to edit and rewrite all legal briefs. Then point them to Alexander Kjerulf’s post about BMW’s latest ads about how bureaucracy sucks.
  2. You don’t have the time to invest in it.We tell people all the time that you should spend at least 1 hour on social media per day. Every day. Week in, week out. Yes, you can take a break once in a while, but don’t let that break turn into a regular pattern of not doing anything. An abandoned blog or rarely-used Twitter account will wreck any social media goodwill you have gained. People will believe that you can’t stay committed to anything, whether it’s social media, or even customer service. (And yes, people do make this illogical leap, and then tell their own social networks about it.)
  3. When you’re in the middle of a crisis. Let’s face it, if you find yourself smack in the middle of a crisis, you’re too late. Domino’s learned that the hard way, after some employees posted a gross-out video on YouTube on April 13. Domino’s had a YouTube video and Twitter account ready to combat the negative fallout. Two days later. That’s right, Domino’s didn’t react to this PR nightmare for nearly two business days. Long enough for 1 MILLION people to see it on YouTube. Long enough that Google searches for “Domino’s” brought mention of the video up in 5 of the first 12 results. The time to set up social media is now, before a crisis or emergency hits, not after it does. Still, better late than never, so if you find yourself embroiled in a crisis, grab the closest recent-college-grad, plunk them in the PR department, and put them in charge of your social media response.
  4. You don’t want to track the ROI. Actually, this isn’t a bad thing, but measuring ROI is something we take seriously in the social media world. We measure things. We determine its effectiveness. We leave un-measurability and the “we’re just building the brand” excuses to PR and billboard companies. But not tracking the ROI often leads people to believe that 1) social media is not working, or that 2) something else resulted in the increased sales. If you want to be sure, measure it.
  5. Your IT department has a stranglehold on what websites and services the entire company can use. This one isn’t a deal-breaker, but when it comes a showdown between your department and the IT department, you’d better hope IT blinks first. Most IT departments take a Theory X “if you have fun, you’re not working” view of the rest of the company, and won’t allow anyone access to anything not directly related to work or occupational torture. For example, several months ago, one state government agency’s commissioner released an important public service announcement through YouTube, yet no one in the entire 900+ person agency was able to see the video, because the IT department blocked all access to YouTube, except for the one person who was able to upload it. If you want to get past the IT roadblock, make sure you have buy-in from someone with enough authority and firepower to make IT do their bidding.
PG
About the Author: Erik Deckers
Erik is the VP of Operations & Creative Services for Pro Blog Service. He has been blogging since 1998, and has been a published writer for more than 22 years. He has written humor newspaper columns, business articles, radio and stage plays, and is currently working on a novel. He helped write Twitter Marketing for Dummies, and is writing two other books on social media and networking. Erik frequently speaks on blogging and social media.

I’m speaking at…

Call Us Now

Email Subscribe

Email address

 

Topics

Pro Blog Events

Want Pricing or Need a Quote?

Pricing and Quote.


We write blog posts, manage social media campaigns, write online press releases, write monthly news letters and can write your website content.


Find the right pricing package for you!