If you measure it will they come

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Transcript of If you measure it will they come

If you measure it will they come?

If you measure it will they come?

Missouri Travel Council WorkshopApril 9, 2014Stephanie LynchPR & Social Media ManagerH&L Partners@theslynch

500 Chief Marketing Officers Unsure

• 94% of CMOs surveyed believe big data analytics will be crucial to their companies’ performance

• 82% believe their companies still don’t know how to analyze big data;

that figure is actually higher than 2011, when 71% said they felt unprepared.

• 66% of CMOs surveyed said their companies are unprepared to handle social media

• Asked about their plans over the next five years, 94% of CMOs expect

to introduce advance predictive analytics, 94% mobile applications and 89% more digital customer relationship management tools.

Source: MediaPost http://j.mp/1nF7nLH

Social Media Impact

Missouri Division of Tourism smari.com

Any Social media Social Only Facebook

12.3%

5.6%

10.7%

Impact of Social Media

Media Overlap

Missouri Division of Tourism smari.com

One to two media Three media Four+ media

2.9%

10.8%13.5%

Impact on Travel of Multiple Media

• Impact is clearly evident• Incremental travel grows

with three or more media

Travel Indicators

• 2011: Those who interact with the state via social media would be expected to be more likely to visit the state, participate in more activities while there, and spend more.

• 2013: Social media by itself reaches fewer people than traditional media, but in synergy with other efforts it supports the advertising and public relations and increases the level of incremental travel.

Missouri Division of Tourism smari.com

The Consumer Journey

Marketing Mix / Consumer JourneyDreaming

Social Media

Print

TV

Online

Website

Planning

Social Media

Email

Website

SEM

Travel Guide Requests

Booking Agent

In Trip

Social Media

Mobile Website

SEM

Loyalty/Advocacy

Social Media

Loyalty Program

Measurement Tactics

• Website visits (social referrals)• Tracking and tagging• Attribution models• Engagement rate• Reach• Fans/follower counts• Research (demographics, beta testing, focus

group)

GA Is a Friend Not a State

Resources

Dashboards/Tools• TrueSocialMetrics• SharedCount• CyfeReading• Vocus: http://j.mp/1iYvoYM• Random blog: http://j.mp/1idQkJAPeople• Intern?• You.

Thank you!

@theslynchslynch@handlpartners.com