social media marketing

Started from the bottom now we’re here:  10 revolutionary changes to social media in the 2010s

Standard

By: Allie Wassum with contributions from Boston Social Strategy team

The last decade was particularly vibrant for social media. Remember what 2010 was like? Facebook had just surpassed Myspace in unique users with 350 million users. Foursquare had just launched and in less than 3 years became irrelevant. Mobile was just starting to disrupt desktop usage for entertainment and social networking. Social media marketing was a wild west (some argue it still is), with just over 40% of US adults using it regularly. Fast forward to 2020 and that number has increased to over 70%. Social is now woven into the threads of culture and our culture has forever been changed.

1. The rise of influencers

In 2019 the term ‘influencer’ was finally added to the dictionary, marking its ubiquity outside of just the marketing world. Over the past decade, an influencer changed from being a household name like Jackie O to a handheld name like David Dobrik. 

Digital influence began to grow as soon as camera technology became synonymous with mobile technology and social networking moved from being about just sharing pictures on your camera roll to sharing pictures of yourself. 

Pair these technological advances with every social platform’s continued focus on who you follow versus what you’re interested in. It’s this emphasis that led to the exponential growth we’ve seen in influencer culture in the past decade. As each social platform has improved its functionality to help users explore and find new accounts to follow, the democratization of influence within these channels exploded, leading to micro-influencers and even the nano-influencers we might use for brand campaigns today. 

Influencers have had an enormous impact on the social media landscape: 

    • The first, and probably most obvious, is the immeasurable pressure placed on “likes” as a form of status. Constantly comparing yourself to an influencer has been proven to promote negative self-worth and impossible standards, not unlike those constructed by popular magazines. 
    • Creators and influencers are often small business owners. Many openly speak about what it means to be an entrepreneur and want to share what they’ve learned. This encouragement has fostered one of the most entrepreneurially-focused generations we’ve ever seen. Nearly half of Gen Zers plan to own their own business and one of the most popular career aspirations for young Americans is to become an influencer.  
    • Influencers have also cultivated a sense of community in social media that may not have happened otherwise. Think about it: having access to celebrities lives and having the potential to actually interact with them keeps you coming back for more. It also makes the world feel smaller. 
    • The rise of influencers has enabled social media to become not just about conversation and entertainment, but also about shopping. Without influencers, it’s unlikely that the rise of commerce via apps like Instagram and Pinterest would have become so pronounced. When you see someone you follow endorsing a product in an environment where it’s encouraged to ask questions, you’re definitely more likely to buy right then and there. 
    • Finally, no change happens in social without influencers being privy to it. Think about Instagram testing the removal of Likes. Influencers expressed varied opinions which will ultimately impact how the platform rolls out this change. 

2. Timeline to algorithm

Prior to 2009, platforms focused on organizing content in users’ feeds chronologically – ensuring the most recent content was seen first. But Facebook noticed something in the last decade that would have widespread implications for its revenue model: people weren’t spending the same time on the platform. Since Facebook needed users to spend more time in platform, it had to make sure the content user’s see when they get to Facebook is relevant, not just recent. Thus, EdgeRank rolled out in 2009 prioritizing affinity, weight and decay. 

Over the rest of the decade, EdgeRank morphed into a complex algorithm that constantly optimized and thereby constantly morphed how users and brands used the platform. Prominent changes included: the deprioritization of branded content, focusing on friends/family over news, prioritizing video content and, more recently, making Groups more prominent. 

Facebook’s algorithmic shift ultimately rolled out from platform to platform as they all realized the revenue power associated with it. With this, the importance of organic social dwindled and it became a “pay to play” environment for brands. Steadily, spend in paid social increased from $1.2B in 2008 to Facebook alone bringing home over $43B in 2019 global ad revenue. That increase has changed the entire user experience of social. It means ads are just a part of our feeds and the amount of media messages we consume in aggregate has increased exponentially.

The introduction of this algorithm has impacted not just social, but also the world. Many argue that we have algorithms to blame for the online echo chambers that contributed to off base 2016 election predictions and, ultimately, to an even further fragmented society.

For all of the negatives attributed to algorithms there are some positives too. Spotify knows what I want to listen to. Netflix knows what I want to watch. Instagram knows what I want to buy. Pinterest knows what I’m planning to do. The barriers to finding the unique things you love are much lower, though the tradeoffs have pervasive implications for data privacy. But let’s keep that can of worms closed for now.

3. The Selfie

Oh, the Selfie. The selfie. THE SELFIE. Selfies have transformed the face of social media from feeds full of photos folks took, to feeds full of photos of one another. But the act of capturing a self-portrait is not something new to this decade.  Throughout history, everyone from artists to astronauts have found creative ways to leave their mark. Even as camera technology steadily improved over the years, the means of taking photos of ourselves was still pretty difficult. It wasn’t until Sony introduced the front-facing camera in 2003 to enhance business meetings that self-portraits finally became easier to capture. Yet, few people actually had this device. Enter the iPhone 4. It was in this model that Steve Jobs unveiled a front-facing camera meant to support its new Facetime service. We’d use it for Facetime, but we’d also use this functionality to forever change the nature of what we share.

The convergence of social networks (where you strive to show your best self) with technology (where you can very easily capture photos of yourself when you’re at your best) provided an addictive outlet for performance and vulnerability like nothing had before. The selfie allowed users to share moments of confidence, of pride, and receive real-time feedback. Paired with the potential for virality inherent in algorithms, the selfie would drive us to seek approval, build confidence and maybe, just maybe, become famous. 

Apps like Snapchat and Instagram now thrive on the selfie. It’s this variable ratio schedule that keeps users on their platforms, driving up time spent in platform and, of course, ad revenue. 

4. Stories & Ephemerality

Without the selfie, “Stories” never would have taken off. But because selfies had already skyrocketed in popularity and phones were more vertically-oriented, peopled swooned when Snapchat launched the format back in 2013. Reggie Brown, credited with the inception of the app, hit on something no one knew they needed – a way to share photos that would eventually disappear. At the time every piece of content felt so permanent and as such, every post held an associated reputational risk. But ephemerality reduced that risk, allowing people to be less curated and way more spontaneous.

Ephemerality was the key that would unlock an untapped world of interactivity and creativity. It let our guards down and once this happened users started to share the silly, uncut tales of their everyday lives. Whether via video, a succession of photos or just in one frame, Stories empowered storytelling. Prior to Snap stories, our creativity was limited by time and functionality. Sure, we had cameras in our hands, but we didn’t have the means to quickly make our perspectives understandable. A selfie of me in class is completely different than a selfie of me puking rainbows, with the caption “acing the test like…”. 

Stories also took off because of the generation they catered to – Gen Z (born between 1995-2015). With seemingly unlimited access to almost any form of media, they are the most creative of all generations. Augmented reality, polls, filters, geo-filters, GIFs, etc., revealed this creativity and provided a more genuine outlet for Gen Z to share its vision with the world.

Today Stories have harnessed this creativity in a way that’s beneficial for our mental wellness and relationships. The pressure for the picture-perfect life can erode our self-worth, but stories finally provided an escape and a way to interact more comfortably and more regularly. 

5. Private messaging

What we can see publicly in our social feeds is only the tip of the iceberg. The majority of sharing and communication in social actually happens under the surface via private messaging. In fact, 63% of people report messaging apps to be their favorite way to send content or recommendations to those in their circle. Despite its popularity as a social medium today, the first era of messaging focused on simple desktop clients (Aim Messenger anyone?). It wasn’t until iOS launched in 2007 that mobile messaging apps inundated the space. 

But what led to the creation of 5 billion global private messaging accounts today? The tiniest little thing – the three-dot typing indicator. In text this little notice let us know someone was around and that the conversation could continue. This extended the length of private text conversations and led to a greater feeling of connectivity. 

We needed this connection. Today’s world is so public—we share what we’re eating, what we’re listening to, where we are, where we work, what vacations we’ve taken—we needed messaging to give us a break from being so “polished” and to have more obviously altruistic conversations — conversations are always more genuine in private settings. 

WhatsApp and Kik knew this and provided unique spaces for users to have more genuine conversations both with friends and brands while still in platform. They integrated interesting chatbot features that furthered conversations when no one else was around. They even enabled commerce in a way that social networks hadn’t yet nailed. In 2011, Snapchat would revolutionize both the social and private messaging space by enabling this deeper connection in a more creative way – lenses, geo-filters and stories. It would become the new check-in and a way for friends to stay connected all day long and enabled new forms of communication between friends. The most popular social networks would follow suit, all creating ways for users to foster conversation more privately.

As waves of users begin to #QuitFacebook over data privacy concerns and others are exhausted by the feeling of being always on, we’re likely to see even greater growth in the private messaging space in 2020. For better or for worse, it’s because of private messaging that social/messaging is now the dominant way we spend our screen time. 

6. Live Streaming

By 2005, DVRs were almost commonplace and by 2010 they were a mainstay of cable providers. Interestingly, while we wanted to delay linear viewing, our desire for live content on our mobile devices increased. In 2015 Meerkat made the livestream, mainstream with a major launch at SXSW. What Meerkat had figured out is that livestreaming only worked if the technology was on point and there was an existing base of users to see it. While YouTube had already introduced livestreaming, user behavior hadn’t yet caught up to the technology and it was mostly used in the same way as linear TV. Meerkat, however, tapped into the network that was known for having an audience who cared about what’s going on now: Twitter. For a few days it seamlessly integrated with Twitter’s social graph, allowing attendees to share things everyone wanted to know about (SXSW) as they happened to their existing base of interested followers. Genius.

Since then, we’ve seen Twitter (first through Periscope), Facebook, and Instagram join twitchthe live streaming game. As the options increased, use and consumption of live video ballooned, with over 100 million Instagrammers watching or sharing on Live every day and over 3.5 Billion Facebook Live broadcasts from 2016 to mid-2018. With zero lag time, Twitch encourages even more livestreaming and now accounts for almost 76% of the livestreaming market. It’s average viewership even surpasses that of ESPN and cable news outlets. 

Livestreaming has contributed to quite a few shifts in society. Formerly a medium that was most commonly used to share breaking news and allow others to watch live performances has transformed into a completely new form of entertainment. As such, livestreaming has contributed to a larger shift in how we consume and create media. The pressure to “go live” has contributed to the spread of misinformation as news outlets often spend less time vetting stories prior to streaming. Since anyone can live stream, we’ve seen a diversification in the types of content available. You can stream someone playing a video game, trying on a Chewbacca mask, selling natural oils or potting a plant. This has enabled greater access to education and global points of view. People who may have been isolated can now access different cultures, foods, sports and more with the touch of a button. 

7. GIFS/Meme culture

No one: …

Absolutely No one: …

Me: Like most things on the internet, there can be a lot of confusion about what defines a meme. 

The term “meme” was originally coined by evolutionary biologist Richard Dawkins in 1976. Dawkins theorized that virality was something that extended further than infectious diseases and could also be found in human behaviors. In other words, in anthropological settings, human behaviors could also “go viral.” He defined a meme as any shareable cultural artifact that spreads through a culture like wildfire. Furthermore, he believed that memes increase the chance of human survival because they strike a common chord that humans crave and rely on to exist. Okay, Boomer, now that we got out of the way….

Flash forward to 2009, memes were weird pictures that anonymous creators of the internet made to entertain themselves and share on Tumblr or 4chan. As time went on, Tumblr grew into a larger social media platform and memes started infiltrating the internet quickly and to a larger audience. Tumblr paved the way for the peak-meme era, as accounts were created with the sole purpose of posting memes and accumulating mass followings, a strategy that would be emulated and used on Twitter, Facebook and Instagram, which have much higher audience numbers than Tumblr. 

Today, memes have become mainstream and play a major role in our digital and social environments. They are created, shared, and consumed every minute across every social media channel and in many forms; from viral videos to GIFs to screenshots of tweets or texts – ermahgerd!

What makes memes so popular is their relatability and simplicity—they spark human connections through common mindsets, opinions and circumstances and are extremely digestible with a shareability factor that is hard to compete with. The majority of meme content is based off humor and nostalgia – two types of emotions that bond and connect people. When you are sharing a post to a friend, you are implying a shared experience or sense of humor. The most popular memes are so relatable, they feel like an inside joke. 

This type of connection works so well that it increases the level at which a meme or meme account gain traction, which leads to higher discoverability on social media platforms and in some cases, virality. In actuality, a good meme is doing exactly what Dawkins described, striking a common chord that humans crave and rely on. 

8. The retweet 

Originally launched in 2009, the “retweet” button (shortened to RT) was a quick fix to eliminate manual RTs which started in 2007. People wanted to share the things they saw/read on Twitter and still give credit to the original author. 

Twitter itself was (and still is to some degree) one of the more intimidating platforms. It is infiltrated with highly opinionated and powerful journalists, politicians and world leaders. This made users less apt to share their own takes and POVs. But the Retweet, which seemed like a no brainer, provided an easy way for a user to participate in a conversation without having to be clever him or herself. It played into our desire to share what reflects our own values and, as such, enabled something that’s core to social media today – the ability to go viral. If someone retweeted you, your exposure to new followers was exponential. The allure of going viral helped Twitter amass more users and more engagement, so Facebook introduced its own version, the Share button, in 2012. 

The retweet and share buttons had a powerful multiplier effect that allowed the mass spread of important information like earthquakes. But they also lessened the friction of sharing content and, in doing so, led to the proliferation of misinformation. It encouraged being the first to share something versus rewarding thorough journalism. The retweet button propelled Gamergate (a harassment campaign against women in the game industry) and, for the first time, really showed how quickly hate could spread faster than people were able to defend themselves. The impulse to share things we are outraged by increased and led to the spread of terrible rumors during the 2016 Presidential election. Ultimately retweet and share buttons have forever changed the discourse around social media’s impact on society. It has ultimately incentivized the creation of polarizing and outrageous content.

9. Spotify & Music Integration

Music started as one of the most powerful draws to using social media and, after some bumps in the road, continues to coalesce with the most successful user experiences. It’s hard to explain how much social media has impacted music without going back to the days of Myspace, which, at the time, was the hottest place for musicians to share their songs and gain fans, especially aspiring indie artists. Musicians cultivated new, global audiences that could connect on their shared musical interests despite not knowing each other in-person. Myspace primed young audiences for future social habits with user-generated music discovery as the focal point– like YouTube and Soundcloud.

But as social networking moved to a mostly mobile experience, users stopped listening. In trying to create an optimized experience for users and encourage usage in noisy environments, Facebook’s default was an audio-off environment. Videos would autoplay, but without sound. Now, as someone who’s been in social media for a pretty long time, this would be one of the greatest battles I’d ever enter – trying to explain the importance of creating videos that made sense without sound or voice over was no easy feat. 

Of course, once I’d finally imparted the importance of audio-off video, Snapchat did what it does best, disrupt. It saw the success Vine was experiencing by integrating music and built an experience that ultimately led to Vine’s demise. Sound was allowed to be a vital part of Snapchat because the videos you received were from your friends. Vine was allowed to have sound because that was what it was built on – it was its own separate community that eventually launched the musical careers of some pretty famous musicians… Shawn Mendes anyone? 

We all know how powerful the right music can be in drawing out emotion; Snap had figured out how do this in a way that enhanced rather than disturbed a user’s experience. As a result, Facebook announced the reversal of their audio-off default policy in 2017. Sound on would be its default unless a user muted their device. 

The landscape changed, music made sense in some environments and not in others (so don’t forget about audio-off consumption people!). But music still wasn’t the most integral part of a platform until Music.ly (now TikTok) figured out a way to tap into the everyday creator, not just the talented creator that Vine had. It mashed up dubsmash and Vine, allowing users to lipsync. Yet another instance of a lower barrier to creativity. 

Music ended up changing social media, but social media ended up changing music too. Ever hear of Lizzo or Lil Nas X? Their careers skyrocketed when users were able to create their own lipsynced versions of their top hits. Meme/music crossover culture is just the beginning and we’ll likely see this trend increase in 2020 and beyond as platforms, brands, and musicians continue to make users the stars. 

10. Challenge Mentality

While we’re talking about TikTok, we might as well tip our hats to one of my favorite changes to social media in the past 10 years: challenge culture. Now I’m sure there were many challenges forced upon friends on social media before, but the ALS Ice Bucket Challenge in 2014 created magic. It fused the generous nature of younger generations with the ability to show off and go viral (Call Me Maybe anyone?), creating the most powerful examples of how social media can give back. But it also showed just how far we’d go to be a part of something. A movement doesn’t always have to be about raising money or making huge policy changes, it can also be just something fun that everyone does together. The mixture of memes, the popularity of the Ice Bucket Challenge and the growth of sound on social environments paved the way for TikTok. And in return, TikTok paved the way for challenges to become a pillar of what we consume and create on social media.

The past decade has been quite the social media revolution. So much so that it’s hard to include all of the big changes that have happened in a list of 10. Things like Augmented Reality, gaming, and social commerce have all become major forces in the social media landscape. While they may be a little too nascent for a 2010-decade post, we’re likely to see these and many more have a substantial impact on social media in 2020 and beyond.

Insta-Algorithm: Stand Out or Step Aside

Standard

Originally written & published on Digitas Dose.

Oh how timely.

Right after #PiDay (the number that never ends) and in the midst of the biggest tech nerd gathering of the year, Instagram announces “See the Moments You Care About First”. Read: Algorithm. What they want you to read: Relevance.

Now, for all of us in advertising, it’s no surprise that Instagram would change a user’s feed from reverse chronological to personalized. What’s interesting is that this change comes after Instagram’s ad revenues have increased from $0 in the beginning of 2015 to a projected $5.3B by 2017. A very different approach than its mama bear Facebook took – i.e., implementing an algorithm and slowly removing organic reach from brands to rapidly increase the need for paid Facebook ads. Only time will tell what this will mean for Instagram’s overall revenue, but my only assumption points to more money, more problems.

These observations aside, there are a few other implications for this algorithm (other than our impending necessity to allocate paid dollars) to consider in the coming months:

STAND OUT OR GET LEFT OUT

Millennials are already visiting Instagram around 10X per day – it seems crazy, but I have to tell you it is OH so true. Even so, users miss, on average, about 70% of the posts in their feed. So by optimizing the posts you see first based on your historical interactions with the people and brands you follow, the 30% of posts you do see should be the best ones. And if users are seeing the best, you’d assume they would stay on the platform longer. The longer users stay on the platform, the more ads Instagram is able to serve. The more ads Instagram is able to serve, the more important it is for your brand’s ad to stand out.

QUALITY OVER QUANTITY

Though Instagram is one of the most popular social networks, it’s always been my perspective that it’s a platform more concerned with quality than quantity. Whereas tweeting regularly is important to keep your followers interested, and posting at least daily on Facebook helps maintain a brand’s reach and overall engagement, frequency is of less importance on Instagram. It’s a network that is all about beautiful photography, artwork, fashion, food, etc. And, aside from the Kardashians, the accounts that are followed the most are the accounts that maintain that standard. With their feed change, this difference will become even more important. Brands MUST focus on quality to elicit the highest engagements per post. This is what will keep them top of feed and top of mind for users versus posting every day.

REPURPOSED FACEBOOK & INSTAGRAM ADS

Now, Facebook will tell you that you can use their ad platforms interchangeably, publishing the same ad across both Facebook and Instagram. But this feed change tells me otherwise. If we’re constantly looking at the best of the best in our feeds, then the only conclusion I can come to is that the ads we see would need to be pretty supreme. They will need to be beautiful, be platform-first, and they’ll need to focus on a user’s Instagram habits. Because what are they on the platform for? Inspiration, beauty, exploration. It’s not the same as Facebook, and so it’s important that your production dollars and time are spent focusing on the nuances that make it differ from Facebook.

As this personalized feed rolls out, we’re sure to hear some outrage from Instagram diehards. But as with Facebook’s timeline and every other change we see, that is sure to die down. But will our use of Instagram die down as well? Time will tell.

See more at: http://www.digitasdose.com/2016/03/insta-algorithm-stand-out-or-step-aside/#sthash.xqSfvi3P.dpuf

So What? 3 Reasons Why You Need a Social Media Strategy

Standard

Social Media bandwagon - Image courtesy of Prepare1.comBecause of the ease and low-cost associated with space on social networks, most businesses opt for a “shot-in-the-dark” strategy rather than approaching their social media presence, strategically.

In fact, a significant amount of marketers (80%) incorrectly begin with tactics instead of goals when it comes to social media strategy. They consider the creation of a Facebook page or twitter handle to be “free” and place them in the “as time permits” category.

This passive approach has led to one of the largest challenges in social media marketing as of late: How to measure and determine the ROI of your social media marketing efforts. The creation of a social media strategy is the only way to adequately answer this question, as it provides a critical context for evaluation of these efforts.

Your brand is too important to be treated so casually!
If you jump on the social media bandwagon by thinking about tactics first (e.g. creating a Facebook page or Twitter handle), you risk spending time on something that might not actually make strategic sense for your brand. Here’s why:

1. Time is Money – First of all, all of these “free” social media networks should take real time to manage properly, especially if you want to be successful. The time you or your co-workers spend updating each of your social media profiles, creating content, and (hopefully) optimizing it, all equals money.

2. Opportunity Cost – Think back to intro level economics. When you spend time updating your status, tweeting, pinning, creating videos etc. you’re not spending time doing another activity. Our time is not infinite, so we must make choices on how we spend it. As such, it makes sense that we should spend our time on activities that are proven to drive revenue or generate leads. But how can we determine if our time is well-spent with no measurement tools in place? That brings me to my next point…

3. Measurement & ROI –  The key to determining the worth of your efforts is creating metrics to follow and measure throughout the course of the campaign. Here’s the problem: without actual goals in mind, you are unable to delineate key performance indicators (KPIs) that will help you measure your activity. Sure, you can do daily maintenance and discover, for instance, that funny quotes get more retweets and that shorter YouTube videos get the most shares. You might even track how many hits to your website you get from each of these channels. But…so what? All of this means nothing if you have no plan in place or goals to work against. Without measurement tools, you’ll have no idea whether it is actually worth your time to maintain these social media profiles. You’ll have an even smaller idea about whether your target audience or customers are even receptive to these efforts – or if they even know about them?

Essentially, without goals and a strategy your efforts are seemingly purposeless. You’re posting updates, tweeting, blogging, and creating content all in hopes that something is going to move the needle. The problem is that you have no clue how you’d know if it did move or how.

The bottom line is, in order to determine the ROI of your efforts or to justify the budgets and time allocated to social media marketing, you must create a strategy that starts with clear business goals.

Why else might a social strategy be useful?

This is the second in our series of “So What?” blog posts, introducing social media to brands. As we move throughout this series, we will cover topics such as ROI, the social consumer, analytics, and more. Click here to read the first in the series: Why Embrace Social Media & The Groundswell.

Social Media Analytics: Effective Tools for Building, Interpreting, and Using Metrics

How to Measure Social Media ROI – by yourself

Standard

ROI (Return on Investment) has been THE buzz word for the past six months or so (well before Facebook became an IPO and stole its thunder). Why? Because now that social networking sites are here to stay, marketers are being forced to carve out a place for it in their overall marketing budgets, instead of using discretionary funds for “emerging technologies.” But it’s no easy task to get the buy-in on a whole budget dedicated to social media marketing (SMM) – especially if you work for a small business.

First of all, many people perceive that social media marketing is virtually free.

Networking sites themselves are “free” to be a part of, but managing them correctly and devoting the time necessary to developing a strategy and creating unique content is in no way FREE. Large corporations have huge sectors and agencies and freelance writers devoted to keeping their blogs and social networks alive. That’s a lot of actual dollars and cents.

To boot, if you ever took an intro level economics class, you know about “opportunity costs.” These are the costs you incur by not doing something else. For instance, if you spend 2 hours writing a blog post, you’re losing 2 hours where you could have been creating an email. If your emails on average garner about $800 each, then to make spending your time creating a blog post worth it, you’ve got to at least generate $800 in revenue from it, right?

If only it were that simple. Social media marketing is a little different from traditional marketing- it takes time to build a base, a reputation, and to increase your site’s SEO. If your ultimate goal by participating in SMM is to increase revenue, then you’ve really got to think about three things:

  1. The resources you have involved in it – How much money do you have, how many people do you have to draw on for the effort, how much time is your team spending on social media?
  2. Your more immediate goals – be they awareness, engagement, purchase intent, etc.
  3. How much value you associate with each social networking touch point (a twitter follower, or a facebook fan etc.).

TechCrunch reported that the value of a Twitter follower is less than one cent. Others think Twitter followers are worth closer to $3/month. There’s really no conclusive evidence because it’s always a case-by-case basis.

Social Media Analytics: Effective Tools for Building, Interpreting, and Using MetricsSo how do you figure out what the ROI of your social media marketing strategy is?

1. Instead of associating value directly to dollars, associate value to your key performance indicators (KPIs).

Ex. How many of our twitter followers shared our content or purchased our product? 

2. To delineate your KPIs you have to think long and hard about what your end goal is.

Is it awareness about your brand? Is it to influence purchase decisions? In what part of the marketing    funnel are you trying to reach your target?  

3. Determine how active your followers are on average. Some indicators of their engagement level on various social networking sites are how personalized their Facebook or blog comments are and by how much time they spend on your landing page or site.

Do they visit your page, whether it be your Facebook page, blog, etc., once and then never interact with it again? 

Some advocate for creating a social media scorecard. This method incorporates manually grading or balancing different interactions (a video view versus a tweet).  These “grades” are dependent upon your SMM goal(s). You basically create a weighted scale to help you determine your ROI.

After you figure out the value of each KPI, you can put them in order and then multiply the number of interactions with the grade. Add them all up for a total campaign score. More about this method to come.

What factors do you include when calculating your social media ROI?

Social Media Madness: 5 ways to be a real NCAA bball fan & a great social media strategist

Standard

As some of you may know, I am a huge UNC Basketball fan. To some we’re “North Carolina,” to others we’re “the tarheels” and to me, we’re “#1.” Okay, I had to throw in that last one.

You can’t be a great NCAA basketball fan without a few key characteristics – including being crazy. And the same is true for being a great social media strategist, or marketing professional in general. So, I thought I’d sum up some of the most essential aspects to being great at one, or the other, or, for me, both.

  1. Understanding the strategy: If you want to be a really great fan, you have to understand your team’s underlying structure. Does Roy usually bulk up on great defensive players, power forwards, or 3 point shooters? When we look at great SMM campaigns, the best ones have strict objectives and creative strategies to accomplish them. This way, not only does everyone know what the plan is, but everyone also knows what the measurement for success is and how often to evaluate it. To be a great college basketball fan, you have to know what the coach is up to when he puts certain players in, otherwise you wont know if the team is actually doing what they set out to do (or win to cheer)!
  2. Knowing the rules: There are rules to every sport and while I haven’t mastered the differences between college football and the NFL, but I am well-versed on NCAA bball rules. Why? Because of the high level of competition, oftentimes the games come down to free throws or which star player is benched due to foul trouble, if you don’t know the rules, then you can’t understand what’s going on. To be a great fan, you have to know why these things are happening and what ways your team might be able to use these rules to their advantage. Each social platform has its own rules – some of the most namely are Facebook’s contest rules. To be a great social strategist you need to know how to embrace these rules and creatively use them to your advantage, otherwise your great idea might get shut down! If you know the rules, you can play on the line in just the right way. Remember Burger King’s “Whopper Sacrifice? ” Though it was eventually shut down by Facebook, its creators knew the risks associated with it and were able to promptly put up new images when it was dismantled.
  3. Keeping track of your competitors: This is one to remember. Because the social world is always discovering new technologies, it’s always changing. That means your brand’s competitors probably know something you don’t. It’s inevitable. So, it’s to your advantage to keep abreast of the new happenings in your category. Constantly evaluating your competitors efforts will help you to stay in front of their efforts and to use their failures as advice for your brand’s future campaigns. You better believe that I know which teams are the teams to beat. Everyone knows that UNC’s #1 rival is Duke, and I know every year they’ll have great 3-point shooters. Because I know about their competition, I also know that the Tarheels have to be tight on perimeter defense when they’re playing the Blue Devils.
  4. Having a schedule: Always, always, always have a schedule. Be flexible, but have a schedule. Creating a calendar helps you to remember your goals for a particular month (or week even) and what your ideas are for achieving these goals. That way you’ll always stay on track for a campaign. Without a schedule, your strategy can become muddled and unclear – and then you can’t track its success! Obviously, to be a good fan you have to watch every game. To do that, you need a schedule with which channel the game will be on, what time the game is, and who they’re playing.
  5. Being a little crazy (super passionate): The best social strategies are the ones no one else could have thought up. They use a platform in a different way or have an underlying idea that’s kind of, well kukoo. Think about the Old Spice campaign. Mustafa? Really? It’s brilliant. When you’re starting to create your strategies, give yourself 10 minutes to come up with as many ideas as possible. Don’t rule any out. Then spend the next hour scheming what would need to happen for each idea to come to life. Then you can evaluate the elements it takes to make the idea work to find out if it will work for you and your brand (considering time constraints, available resources, & metrics for success).

What makes you a great fan & strategist?