Measuring What Matters in Social Media

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Measuring What Matters in Social Media The Best Metrics for Measuring Social Media Effectiveness

Tania Yuki, Shareablee CEO and Founder December 10, 2013

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About the speaker: Tania Yuki comScore now offers Shareablee. Shareablee is a social business intelligence platform that helps marketers maximize the value of their social media efforts with insights about how consumers are engaging with their brands and competitive brands across social platforms.

Tania Yuki CEO and Founder of Shareablee

Tania has spent most of her career in digital marketing, measurement and analytics, and was recently honored with a Great Mind Award from the Advertising Research Foundation. She was named by Forbes one of “12 Women Driving Digital in New York”.

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Providing Insights to Leading Brands Shareablee is the leading provider of social business intelligence, enabling brands to surface unique and actionable best practices around brand performance, competitive benchmarking and audience insights.

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What does Shareablee do?

Monitor over 15,000 brands pages daily, and customfit competitor categories for clients…

…measure all the activity as well as the unique engaged users who interact with clients and their competitors…

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…delivers actionable insights regarding client’s competitive set and their own performance so they can keep growing.

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Three building blocks that drive social marketing success Rather than focusing on potential fans, savvy social brands hone in on quality activity and interactions. Building Block 1:

Building Block 2:

Building Block 3:

Growth and Engagement Metrics

Content Strategy Metrics

Audience Quality Metrics

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Building Block 1: Growth and Engagement Metrics

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We are wired to love BIG and to believe that bigger is better.

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A view of Month to Month Category Trends for Total Fans on Facebook

45,000,000,000

Fans (Total) Facebook 169%

40,000,000,000 35,000,000,000 30,000,000,000 25,000,000,000

Health/Beauty TV Shows

20,000,000,000

Media/News/Publishing Cars

15,000,000,000 10,000,000,000

105%

5,000,000,000

37% 108% 54%

0

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MVPD

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A view of Month to Month Category Trends for Total Shares on Facebook

14,000,000

Shares (Total) Facebook +261%

12,000,000 10,000,000

+214%

8,000,000

Health/Beauty TV Shows

6,000,000

Media/News/Publishing Cars

4,000,000

MVPD

2,000,000

-69%% -32% +41%

0

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A look at the BIG numbers: FANS!! Number of Fans 60,000,000

50,000,000

40,000,000

30,000,000

20,000,000

10,000,000

0

June

July MTV

Disney

August Starbucks © comScore, Inc.

September Walmart

Proprietary.

McDonald's

October

November

BMW

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But performance is best measured by the size of a company’s active audience Unique Engaged Audience 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0

June

July MTV

Disney

August Starbucks © comScore, Inc.

September Walmart Proprietary.

McDonald's

October

November

BMW

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Q: Who’s Winning on Twitter in the lead-up to Black Friday? Followers 1,200,000

1,000,000

800,000

600,000

400,000

200,000

0 Target *November1-25 2013

Amazon.com

Best Buy

Walmart

Nordstrom

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Macy's

eBay

JCPenney

Saks Fifth Avenue

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TJ Maxx

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A: Best Buy has the greatest audience activation Unique Engaged Tweeters 8000 7000 6000 5000 4000 3000 2000 1000 0 Target *November1-25 2013

Amazon.com

Best Buy

Walmart

Nordstrom

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Macy's

eBay

JCPenney

Saks Fifth Avenue

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TJ Maxx

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How willing is your audience to share content on your behalf? Cross Platform Amplification: Who Won Monday night Social Word of Mouth in November? Fans

The Blacklist 57%

Castle 41%

The Blacklist

Hostages

365,632

64,361

Castle

3,538,754

Hostages 2% *Amplification = Shares + Retweets, November 2013

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Measuring Black Friday Share of Social Word of Mouth

Target 5%

Retailer

eBay 4%

Walmart

Walmart 20%

JCPenney 6%

Amazon.com

Kohl's 7% Amazon.com 8% QVC 7% Toys ''R'' Us 7%

Nordstrom 8% Macy's 8%

*November1-25 2013, Shareablee ©

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Average Post Engagement (%) 0.01% 0.02%

Nordstrom

0.28%

Macy's

0.09%

Toys ''R'' Us

0.12%

QVC

0.14%

Kohl's

0.02%

JCPenney

0.12%

Target

0.01%

eBay

0.02%

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3 Key Metrics: Growth and Engagement 1) Unique Engaged Audience (not just fans or followers) 2) Amplification (Shares, Retweets) 3) Consistent Activation (average post or tweet engagement)

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Building Block 2: Content Strategy Metrics

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What makes social content shareable?

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Monitoring Content Strategy: Measuring your own (and your competitors’) optimal:

Competitor

You

- Content Type - Time of Day/Day of Week Combinations - Topics/Calls to Action

18%

8%

% Total Posts

% Total Engagement

With Call to Website

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17% % Total Posts

26% % Total Engagement

Without Call to Website

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Post Type: Photos consistently drive content performance across these three verticals, but other post types perform differently 100%

86%

80% 60% 20%

47%

39%

40% 6%

5%

11%

3%

57%

12%

3%

22%

9%

0% 91%

100%

84%

80%

67%

60% 40% 20% 0%

3%

1%

12%

6%

Health/Beauty

19%

7%

2%

Media/News/Publishing Status

Link

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Video

Proprietary.

4%

5%

TV Shows

Photo

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Time of Day: aligning Starbuck’s content strategy with when their social audience is the most likely to engage

Data represents interactions over the last 6 months

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Topics: For this Business Publisher, topics performed very differently on social, than on their primary web property:

50%

+5%

45% 40% 35% 30% 25%

+7%

20% 15%

-6%

10% 5% 0% Business and Economics

Culture

World Politics % comp © comScore, Inc.

Science & Technology

% engagement For info about the proprietary technology used in comScore products, refer to Proprietary.

http://comscore.com/About_comScore/Patents

US Politics

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How much does active language impact engagement? Call to Comment

% POST 50%

Call to Like

Call to Other

Call to Website

Includes Question

43%

40%

28%

30%

30%

11%

18%

20% 10%

Call to Share

4%

11% 3% 4%

3% 3% 2%

0% Cable Operators

10% 5%

Premium Cable

3% 4%

9%

11% 6%

2% 3% 3% 2%

Basic Cable

8%

TV Shows

% ENGAGEMENT 50%

38%

40%

27%

30%

24%

20% 10%

5%

2% 6%

0% Telco

9%

9% 8% 1% 2% 1%

4% 6% 5%

Premium Cable Nets © comScore, Inc.

Proprietary.

27%

23% 12% 9%

3%

8%

Basic Cable For info about the proprietary technology used in comScore products, refer to http://comscore.com/About_comScore/Patents

3% 4%

8%

TV Shows 23

Monitoring Content Strategy: Measuring your own (and your competitors’) optimal: - Content Type - Time of Day/Day of Week Combinations - Topics for Engagement vs Sharing

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Building Block 3: Audience Quality Metrics

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Now that my fans are engaging… are they becoming loyal advocates?

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Metrics to monitor: measuring social audience quality Audience quality metrics assess the characteristics of your social audience, gauge their loyalty and affinity to your brand, identify influencers and advocates, and determine their engagement with your content over time relative to your competitors. §  % Returning Users §  Frequency of Actions §  Demographics §  % Shares or Retweets §  Brand Cross Engagement

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Beauty Brands: who wins in Loyalty? Returning Users % Total 48%

Beauty.com Elizabeth Arden (US)

46%

The Official Shiseido (USA) Page

45%

Maybelline 10.5%

44%

Sally Hansen ModelCo

41%

Artistry

41%

Laura Mercier Cosmetics

Sephora 15% Dove 21%

40%

JĀSÖN

39%

Napoleon Perdis

38%

stila cosmetics

37% 0%

10%

20%

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30%

Proprietary.

40%

50%

60%

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How much of my engagement consists of what I value most? 100%" 90%" 80%" 70%" 73%"

69%"

70%" 78%"

60%"

90%" 50%" 40%" 30%" 20%"

3%" 13%"

8%"

25%"

28%" 10%" 14%"

14%"

9%"

5%"

0%"

*Category Average"

DHL"

FedEx" Shares"

Comments"

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UPS"

1%"

US Postal Service"

Likes"

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Cross-brand engagement: insight into audience behaviors Think of cross-brand engagement as an affinity map and profiling tool of sorts. This metric illustrates how likely your engaged audience is to interact with: §  categories of content §  your competitors And can also lead to the discovery of additional unexpected interests

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These two credit cards’ social audiences engage with very different properties elsewhere on the social web, revealing values, interests and distinct partnership opportunities Kohl's

Old Navy

Amazon

Samsung Mobile

Best Buy

eBay

Citibank

Macy's

Visa

Walmart 0

10

20

30

40

50

60

70

80

90

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100

Proprietary.

0

10

20

30

40

50

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60

70

80 31

Example: snapshot of Disney fans’ top social interactions reveal a high level of Disney brand loyalty Disney – Cross Brand Engagement Disneyland Walt Disney World Disney Pixar

60% of the brands are part of the Disney family.

Nickelodeon Disney Channel ABC Family YouTube Marvel Entertainment Weekly Discovery

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Example: developing an expanded view of MTV’s social viewer’s interests MTV – Cross Brand Engagement Cosmopolitan Magazine Seventeen Magazine

See the table for a look at the additional social brands that MTV’s audience finds valuable

Teen Vogue The New York Times Marvel iTunes WWE Glamour USA TODAY E! Online

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Developing a successful strategy that amplifies your brand Upon embracing these metrics, the sky’s the limit in the ways that you can experiment, define and refine the strategy behind your social media communications. The right social strategy can turn fans into loyal advocates, increase customer interactions and significantly improve marketing performance. Building Block 1:

Building Block 2:

Building Block 3:

Growth and Engagement Metrics

Content Strategy Metrics

Audience Quality Metrics

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Questions?

For more information §  Visit: www.comscore.com/Shareablee §  Email: [email protected] §  Contact your comScore Representative

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A copy of today’s presentation will be sent to all attendees within three business days.

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