SlideShare a Scribd company logo
1 of 43
Social Media ROI vs ROI Sudarshan Banerjee MediaPulse 2008
IS AN UMBRELLA TERM THAT DEFINES THE VARIOUS ACTIVITIES THAT INTEGRATE TECHNOLOGY, SOCIAL INTERACTION, AND THE CONSTRUCTION OF WORDS, PICTURES, VIDEOS AND AUDIO. http://www.wikipedia.org
DUH!
Like most things, had a modest beginning before being ‘tipped’
The Rate of Interest is unmistakeable, right?
A question that’s on everyone’s mind in Social Media
Before we get to ROI… I have another question. Can you afford to ignore it
Some fairly important Marketing campaigns have used it extensively
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What could possibly happen  if you don’t
 
 
If you are a brand, let’s also consider that
Can’t really blame them
WHILE  ONLY OF PEOPLE TRUST ADVERTISEMENTS OF PEOPLE TRUST  THE RECOMMENDATIONS OF OTHER CONSUMERS     NIELSEN “TRUST IN ADVERTISING” REPORT, OCTOBER 2007
 
To earn it back – Do consider Social Media
All this is fine What about  the ROI
Social Media - is more like a billboard… - Often Necessary - Not immediately measurable
What’s your social media brief What are we doing? Define the scope of the project. Is it part of a promotion? Part of a campaign? What are we being asked to create? Why are we doing it? Is this a stand along effort, or part of an overall communications strategy that includes traditional advertising? Who is the target market? Define the person. Give as much background on the bulls-eye candidate. What media do they currently consume? Supply a general list of media they consume, i.e. instant messaging, texting, TV, radio, podcasts, blogs, social networks, etc. What is the objective? What do we want the target to do? At the end of this project, what is the definition of success? How will we measure the target’s actions? Define the goals in terms of results. When and how will it end?  Social media campaigns might have to stop. How will you stop it?
You can measure ROI, if you know what you want… ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
 
 
 
 
 
 
Hold out your hand and your customers will reciprocate
 
 
IN MIN D S E T
 
6  tips  for
Think beyond products
Open your doors to your customers
Join the conversation
Share things with them
Make mistakes; Admit them
Respond ! Respond ! Respond !
 

More Related Content

What's hot

Learn social media marketing highlights
Learn social media marketing highlightsLearn social media marketing highlights
Learn social media marketing highlights
Techdivine Creative Services
 
Social Media and its role in communications
Social Media and its role in communicationsSocial Media and its role in communications
Social Media and its role in communications
Media Manoeuvres
 

What's hot (20)

The Growing Demand for Research Within Social Media
The Growing Demand for Research Within Social MediaThe Growing Demand for Research Within Social Media
The Growing Demand for Research Within Social Media
 
Online PR Digital Bootcamp May 2013
Online PR Digital Bootcamp May 2013Online PR Digital Bootcamp May 2013
Online PR Digital Bootcamp May 2013
 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media Marketing
 
Marin Mompreneurs Presentation: April 2010
Marin Mompreneurs Presentation: April 2010Marin Mompreneurs Presentation: April 2010
Marin Mompreneurs Presentation: April 2010
 
Learn social media marketing highlights
Learn social media marketing highlightsLearn social media marketing highlights
Learn social media marketing highlights
 
Integrated web marketing and Social media -explained
Integrated web marketing and Social media -explainedIntegrated web marketing and Social media -explained
Integrated web marketing and Social media -explained
 
Social media & its role in marketing - Grape5
Social media & its role in marketing - Grape5Social media & its role in marketing - Grape5
Social media & its role in marketing - Grape5
 
Social Media For Small Business 5 10 11
Social Media For Small Business   5 10 11Social Media For Small Business   5 10 11
Social Media For Small Business 5 10 11
 
Interactive Marketing Strategies
Interactive Marketing StrategiesInteractive Marketing Strategies
Interactive Marketing Strategies
 
Updated - Has PR Been Slow to Adapt to New Media?
Updated - Has PR Been Slow to Adapt to New Media?Updated - Has PR Been Slow to Adapt to New Media?
Updated - Has PR Been Slow to Adapt to New Media?
 
Social Media: Getting it Right
Social Media: Getting it RightSocial Media: Getting it Right
Social Media: Getting it Right
 
Social Media Demystified
Social Media DemystifiedSocial Media Demystified
Social Media Demystified
 
Social media
Social mediaSocial media
Social media
 
Engagement And ROI of Social Media
Engagement And ROI of Social MediaEngagement And ROI of Social Media
Engagement And ROI of Social Media
 
digital marketing basics
digital marketing basicsdigital marketing basics
digital marketing basics
 
Virtual marketing
Virtual marketingVirtual marketing
Virtual marketing
 
Social media
Social mediaSocial media
Social media
 
Social media ROI
Social media ROISocial media ROI
Social media ROI
 
Social Media and its role in communications
Social Media and its role in communicationsSocial Media and its role in communications
Social Media and its role in communications
 
Social Media For Small Businesses
Social Media For Small BusinessesSocial Media For Small Businesses
Social Media For Small Businesses
 

Viewers also liked

19570438 consumer-buying-behaviour-in-godrej-home-appliances
19570438 consumer-buying-behaviour-in-godrej-home-appliances19570438 consumer-buying-behaviour-in-godrej-home-appliances
19570438 consumer-buying-behaviour-in-godrej-home-appliances
s82herry
 
Comparisons
ComparisonsComparisons
Comparisons
Zifirio
 
CleverAdvice Company Profile it
CleverAdvice Company Profile it CleverAdvice Company Profile it
CleverAdvice Company Profile it
Silvia Aronadio
 

Viewers also liked (11)

Amd Ryzen. Últimos detalles - Blog|informaticapremium
Amd Ryzen. Últimos detalles - Blog|informaticapremiumAmd Ryzen. Últimos detalles - Blog|informaticapremium
Amd Ryzen. Últimos detalles - Blog|informaticapremium
 
19570438 consumer-buying-behaviour-in-godrej-home-appliances
19570438 consumer-buying-behaviour-in-godrej-home-appliances19570438 consumer-buying-behaviour-in-godrej-home-appliances
19570438 consumer-buying-behaviour-in-godrej-home-appliances
 
ใบความรู้ กลุ่มทางเศรษฐกิจ+497+dltvsocp6+54soc p06 f26-1page
ใบความรู้  กลุ่มทางเศรษฐกิจ+497+dltvsocp6+54soc p06 f26-1pageใบความรู้  กลุ่มทางเศรษฐกิจ+497+dltvsocp6+54soc p06 f26-1page
ใบความรู้ กลุ่มทางเศรษฐกิจ+497+dltvsocp6+54soc p06 f26-1page
 
Comparisons
ComparisonsComparisons
Comparisons
 
Pertemuan 3 & 4
Pertemuan 3 & 4Pertemuan 3 & 4
Pertemuan 3 & 4
 
What Customer Loyalty Means To Me!
What Customer Loyalty Means To Me!What Customer Loyalty Means To Me!
What Customer Loyalty Means To Me!
 
MAT-
MAT-MAT-
MAT-
 
For Norway ( 22.12.2010 )
For Norway ( 22.12.2010 )For Norway ( 22.12.2010 )
For Norway ( 22.12.2010 )
 
Presentasjon 1 AN
Presentasjon 1 ANPresentasjon 1 AN
Presentasjon 1 AN
 
CleverAdvice Company Profile it
CleverAdvice Company Profile it CleverAdvice Company Profile it
CleverAdvice Company Profile it
 
(2009), L'evoluzione dei compiti e del ruolo delle politiche giovanili in Ita...
(2009), L'evoluzione dei compiti e del ruolo delle politiche giovanili in Ita...(2009), L'evoluzione dei compiti e del ruolo delle politiche giovanili in Ita...
(2009), L'evoluzione dei compiti e del ruolo delle politiche giovanili in Ita...
 

Similar to What Is Roi For Social Media

Social Media Marketing 101
Social Media Marketing 101Social Media Marketing 101
Social Media Marketing 101
Jevan Woolley
 

Similar to What Is Roi For Social Media (20)

How to Use Online Intelligence As Part of a Total Media Strategy
How to Use Online Intelligence As Part of a Total Media StrategyHow to Use Online Intelligence As Part of a Total Media Strategy
How to Use Online Intelligence As Part of a Total Media Strategy
 
Social Media Marketing: Online Marketing Summit
Social Media Marketing: Online Marketing SummitSocial Media Marketing: Online Marketing Summit
Social Media Marketing: Online Marketing Summit
 
#Manship4002 Social Media Monitoring and Measurement - Lecture 12
#Manship4002 Social Media Monitoring and Measurement - Lecture 12#Manship4002 Social Media Monitoring and Measurement - Lecture 12
#Manship4002 Social Media Monitoring and Measurement - Lecture 12
 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media Marketing
 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media Marketing
 
Connect with Social Media
Connect with Social MediaConnect with Social Media
Connect with Social Media
 
What is Social Media Marketing
What is Social Media MarketingWhat is Social Media Marketing
What is Social Media Marketing
 
What Is Social Media Marketing
What Is Social Media MarketingWhat Is Social Media Marketing
What Is Social Media Marketing
 
Social Media Marketing 101
Social Media Marketing 101Social Media Marketing 101
Social Media Marketing 101
 
Ls Social Media Mktg L&L 021610
Ls Social Media Mktg L&L 021610Ls Social Media Mktg L&L 021610
Ls Social Media Mktg L&L 021610
 
Global Gateway Social Media Marketing
Global Gateway Social Media MarketingGlobal Gateway Social Media Marketing
Global Gateway Social Media Marketing
 
Social Media Solutions
Social  Media  SolutionsSocial  Media  Solutions
Social Media Solutions
 
Social Media Terms Definitions & Model
Social Media Terms Definitions & ModelSocial Media Terms Definitions & Model
Social Media Terms Definitions & Model
 
Newmicrosoftpowerpointpresentation 140305094726-phpapp01
Newmicrosoftpowerpointpresentation 140305094726-phpapp01Newmicrosoftpowerpointpresentation 140305094726-phpapp01
Newmicrosoftpowerpointpresentation 140305094726-phpapp01
 
UPDATED: Social Media Terms Definitions Model Final
UPDATED: Social Media Terms Definitions Model FinalUPDATED: Social Media Terms Definitions Model Final
UPDATED: Social Media Terms Definitions Model Final
 
INTEGRATED MARKETING - Getting It Right
INTEGRATED MARKETING - Getting It RightINTEGRATED MARKETING - Getting It Right
INTEGRATED MARKETING - Getting It Right
 
Deluxe/Risdall Social Media Marketing Webinar Presentation
Deluxe/Risdall Social Media Marketing Webinar PresentationDeluxe/Risdall Social Media Marketing Webinar Presentation
Deluxe/Risdall Social Media Marketing Webinar Presentation
 
Tendencias midias sociais
Tendencias midias sociaisTendencias midias sociais
Tendencias midias sociais
 
What's Missing from Your Social Media Program? How to Create an Effective Soc...
What's Missing from Your Social Media Program? How to Create an Effective Soc...What's Missing from Your Social Media Program? How to Create an Effective Soc...
What's Missing from Your Social Media Program? How to Create an Effective Soc...
 
Breaking into social media marketing
Breaking into social media marketingBreaking into social media marketing
Breaking into social media marketing
 

Recently uploaded

NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
Khaled Al Awadi
 

Recently uploaded (20)

Elevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO ServicesElevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO Services
 
Raising Seed Capital by Steve Schlafman at RRE Ventures
Raising Seed Capital by Steve Schlafman at RRE VenturesRaising Seed Capital by Steve Schlafman at RRE Ventures
Raising Seed Capital by Steve Schlafman at RRE Ventures
 
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptxBlinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
 
Creative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team PresentationsCreative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team Presentations
 
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
 
FEXLE- Salesforce Field Service Lightning
FEXLE- Salesforce Field Service LightningFEXLE- Salesforce Field Service Lightning
FEXLE- Salesforce Field Service Lightning
 
The Inspiring Personality To Watch In 2024.pdf
The Inspiring Personality To Watch In 2024.pdfThe Inspiring Personality To Watch In 2024.pdf
The Inspiring Personality To Watch In 2024.pdf
 
Copyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowCopyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to Know
 
Aptar Closures segment - Corporate Overview-India.pdf
Aptar Closures segment - Corporate Overview-India.pdfAptar Closures segment - Corporate Overview-India.pdf
Aptar Closures segment - Corporate Overview-India.pdf
 
Toyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsToyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & Transformations
 
How to refresh to be fit for the future world
How to refresh to be fit for the future worldHow to refresh to be fit for the future world
How to refresh to be fit for the future world
 
Powers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdfPowers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdf
 
How to Maintain Healthy Life style.pptx
How to Maintain  Healthy Life style.pptxHow to Maintain  Healthy Life style.pptx
How to Maintain Healthy Life style.pptx
 
HR and Employment law update: May 2024.
HR and Employment law update:  May 2024.HR and Employment law update:  May 2024.
HR and Employment law update: May 2024.
 
Revolutionizing Industries: The Power of Carbon Components
Revolutionizing Industries: The Power of Carbon ComponentsRevolutionizing Industries: The Power of Carbon Components
Revolutionizing Industries: The Power of Carbon Components
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdf
 
A Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob BadgettA Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob Badgett
 
How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?
 
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
 
Unveiling Gemini: Traits and Personality of the Twins
Unveiling Gemini: Traits and Personality of the TwinsUnveiling Gemini: Traits and Personality of the Twins
Unveiling Gemini: Traits and Personality of the Twins
 

What Is Roi For Social Media

  • 1. Social Media ROI vs ROI Sudarshan Banerjee MediaPulse 2008
  • 2. IS AN UMBRELLA TERM THAT DEFINES THE VARIOUS ACTIVITIES THAT INTEGRATE TECHNOLOGY, SOCIAL INTERACTION, AND THE CONSTRUCTION OF WORDS, PICTURES, VIDEOS AND AUDIO. http://www.wikipedia.org
  • 4. Like most things, had a modest beginning before being ‘tipped’
  • 5. The Rate of Interest is unmistakeable, right?
  • 6. A question that’s on everyone’s mind in Social Media
  • 7. Before we get to ROI… I have another question. Can you afford to ignore it
  • 8. Some fairly important Marketing campaigns have used it extensively
  • 9.
  • 10. What could possibly happen if you don’t
  • 11.  
  • 12.  
  • 13. If you are a brand, let’s also consider that
  • 15. WHILE ONLY OF PEOPLE TRUST ADVERTISEMENTS OF PEOPLE TRUST THE RECOMMENDATIONS OF OTHER CONSUMERS NIELSEN “TRUST IN ADVERTISING” REPORT, OCTOBER 2007
  • 16.  
  • 17. To earn it back – Do consider Social Media
  • 18. All this is fine What about the ROI
  • 19. Social Media - is more like a billboard… - Often Necessary - Not immediately measurable
  • 20. What’s your social media brief What are we doing? Define the scope of the project. Is it part of a promotion? Part of a campaign? What are we being asked to create? Why are we doing it? Is this a stand along effort, or part of an overall communications strategy that includes traditional advertising? Who is the target market? Define the person. Give as much background on the bulls-eye candidate. What media do they currently consume? Supply a general list of media they consume, i.e. instant messaging, texting, TV, radio, podcasts, blogs, social networks, etc. What is the objective? What do we want the target to do? At the end of this project, what is the definition of success? How will we measure the target’s actions? Define the goals in terms of results. When and how will it end? Social media campaigns might have to stop. How will you stop it?
  • 21.
  • 22.
  • 23.  
  • 24.  
  • 25.  
  • 26.  
  • 27.  
  • 28.  
  • 29.  
  • 30.  
  • 31. Hold out your hand and your customers will reciprocate
  • 32.  
  • 33.  
  • 34. IN MIN D S E T
  • 35.  
  • 36. 6 tips for
  • 38. Open your doors to your customers
  • 42. Respond ! Respond ! Respond !
  • 43.