New Media, New Metrics

Post on 20-Jan-2015

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Have a look at some new metrics that reflect the social web, and some old ones that still matter

Transcript of New Media, New Metrics

Listen and Learn

@ambercadabra @radian6

new media, new metrics, new lessons

2

conversationsto listen for

Top10

#10

2

The Complaint

2

The Compliment

#9

2

The Problem

#8

2

2

The Question

or Inquiry

#7

2

The Campaign Impact

#6

2

The Crisis

#5

2

The Competitor

#4

2

The Crowd #3

2

The Influencer

#2

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The Point of Need

#1

measuring social media

ExuberanceThe monthly count of twestimonials & positive posts

Attention spanAverage span of time a post is retweeted & commented on

ResonanceThe total volume of “in sync” conversation around an idea

ReverberationThe total volume of inbound linking and generations of retweeting of a post

Bucket VolumeCompare the monthly counts of post types (ie. complaints, referrals etc..)

PotentialCompare the monthly counts of point of need declarations & estimated revenue/closed

InfatuationScore of the relative direction of inbound & outbound links/tweets between sources.

RepetitionAverage times per month a source inbound links/retweets your content

ActivationThe monthly total of new sources that have shared your positive content.

ConversationThe total monthly relative share of conversation vs. competitors

EngagementThe amount of repeat commenting & length of those comments

Impactdetermining

Revenue and Business DevelopmentLength of Sales CycleRepeat CustomersCustomer Retention RateNew LeadsReferralsTransaction ValueCustomer Lifetime ValueConversions (subscribers to sales)Website purchasesOrganic search > sales% of converted leads (offline vs. online)

Cost Savings Shorter Issue Resolution Time

% of issues resolved online vs. offline

Decrease in support calls

Recruiting costs

Training costs

% of Account Turnover

Overhead Costs of Communication

Viable Community-Driven Innovation

Concept-to-Development Cycle

ValueAwareness & Influence

Brand LoyaltySentimentShare of ConversationFrequency of MentionsNet Promoter ScoreSubscribersEngagement LevelsInbound LinksVotes, Tags, BookmarksFans, Followers, Group Members

Conversation?@ambercadabra

@radian6