using data to dispel 3 social media myths

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Social Media Analytics, from Data to Deliverables Association of Nation Advertisers: Measuring Social Media Success September 6 th , 2013 Hosted by M Booth

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Presented to the Association of National Advertisers Marketing Masters Event. M Booth Comminucations hosted the event in New York City on September 6th.

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Page 1: Using Data to Dispel 3 Social Media Myths

Social Media Analytics, from Data to Deliverables

Association of Nation Advertisers: Measuring Social Media SuccessSeptember 6th, 2013Hosted by M Booth

Page 2: Using Data to Dispel 3 Social Media Myths

2 © 2013 Simply Measured, Inc

Measure all your social media channels in one place

Analyze the performance of your social profiles with our suite of out-of-the-box reports, built by our team of industry-acclaimed social media analysts.

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Page 3: Using Data to Dispel 3 Social Media Myths

3 © 2013 Simply Measured, Inc

Reporting Made Easy

Save time withPresentation-ready Reports• Anyone on your team can quickly generate beautiful reports with a single click. • Schedule reports to be sent to your manager or team on regular intervals

Take Your AnalysisBeyond the Excel CSV ExportSimply Measured offers the flexibility to access report data and edit individual reports with fully functional charts, graphs, and data tabs.

Page 4: Using Data to Dispel 3 Social Media Myths

4 © 2013 Simply Measured, Inc

Our customers are Fortune 500 brands, top digital agencies, and forward thinking SMBs. Ask around and you’ll find a lot of happy customers out there...Customers include:

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Page 5: Using Data to Dispel 3 Social Media Myths

Using Data to Dispel 3 Social Media Myths

Presenter: Jeff Gibb- Account Executive at Simply Measured- Background in Marketing and making sense of large data- Below average ping pong player

Page 6: Using Data to Dispel 3 Social Media Myths

6 © 2013 Simply Measured, Inc

Before We Begin

• The following examples use data collected by Simply Measured

• All data shown is publically available information

• Brands used in this presentation are examples from the Interbrand 100, which ranks top brands based on factors that include financials, brand strength and role of brand

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7 © 2013 Simply Measured, Inc

Myth #1

Forget the recommendations, whitepapers and quotes about the science of timing social media posts.

There is no optimal time to post on social media. Every industry and brand will have their own “best time.”

Page 8: Using Data to Dispel 3 Social Media Myths

8 © 2013 Simply Measured, Inc

Top Time/Day for Engagement

Testing is the key to timing! Post consistently for several weeks, then analyze the results. Change a variable and test again. Rinse & repeat.

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9 © 2013 Simply Measured, Inc

Myth #2

Automotive brands are driving impressive engagement levels, not by having larger audiences than other brands, but by posting more of the content that their fans love to engage with.

Page 10: Using Data to Dispel 3 Social Media Myths

10 © 2013 Simply Measured, Inc

The Automotive Industry

Top Auto Brands on Facebook

• Of the Interbrand 100, five of the top ten most engaging brands are from the automotive industry .

• Engagement Rates for automotive brands are 2x the average in the Interbrand 100.

Page 11: Using Data to Dispel 3 Social Media Myths

11 © 2013 Simply Measured, Inc

Competitive Landscape – Auto Industry

Page 12: Using Data to Dispel 3 Social Media Myths

12 © 2013 Simply Measured, Inc

Auto Industry vs. Interbrand 100

Page 13: Using Data to Dispel 3 Social Media Myths

13 © 2013 Simply Measured, Inc

Visual Content = 94% of Brand Posts

Significantly higher than the 80% average of the Interbrand 100

Page 14: Using Data to Dispel 3 Social Media Myths

14 © 2013 Simply Measured, Inc

Myth #3

Instagram is the first platform where brands* have seen video consistently gain more engagement on videos than photos

*This is not a trend across all brands, but we’ll look at a few doing it right

Page 15: Using Data to Dispel 3 Social Media Myths

15 © 2013 Simply Measured, Inc

Instagram: What you need to know

• 67% of the Interbrand 100 are active

• As of May ‘13, the collective audience of the 76 brands on Pinterest was under 500,000, while Instagram’s 67 companies weighed in with over 7 million followers.

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16 © 2013 Simply Measured, Inc

Instagram Adoption

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17 © 2013 Simply Measured, Inc

Lululemon Crushes Instagram Video

Lululemon’s videos bring in 2x the engagement of photos

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18 © 2013 Simply Measured, Inc

General Electric Succeeds Across Platforms

General Electric’s Instagram videos bring in 5x the engagement of Instagram photos on Facebook

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19 © 2013 Simply Measured, Inc

Less Engaging Videos

American Eagle’s Instagram videos were much less engaging.

Pro Tip: Be thoughtful about your video posts. If it’s not great, don’t post.

Page 20: Using Data to Dispel 3 Social Media Myths

20 © 2013 Simply Measured, Inc

There you are!

Page 21: Using Data to Dispel 3 Social Media Myths

Questions about anything?

- Data shown today- Simply Measured

- Social Analytics (trends or tools)

Page 22: Using Data to Dispel 3 Social Media Myths

Connect

@simplymeasuredwww.simplymeasured.com/blog

@[email protected]