Social Media Strategy: Why ROI Isn't Enough

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#tcgsocmed @devonvsmith Social Media Strategy: Why ROI Isn’t Enough

Transcript of Social Media Strategy: Why ROI Isn't Enough

#tcgsocmed

@devonvsmith

SocialMediaStrategy:WhyROIIsn’tEnough

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theplan

let’stalkbigpicturethenthebig3ahandfulofsmallerplayersstaffingforsocialmediawhatthefutureholdsQ&A!

70minutes

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socialmediadoesn’tsellIckets

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thesesellIckets

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sowhybother?

Ifyoursocialmediafanswill

•  Recommendyoutotheirfriends•  Likeyourbrandmore•  Bemoreinfluencedby(cheap!)socialmediathantradiIonalmedia

•  Spendmore•  Staywithyoulonger•  CostlesstoacquirenewIcketbuyers

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andoutsidethemarkeIngoffice

•  CustomerService•  Fundraising•  MakingArt

•  CrowdsourcingSoluIons•  ProfessionalNetworking•  ThoughtLeadership

bigpicture

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1.  Addressarealproblem

2.  Haveameaningfulgoal3.  TestseveralopIons4.  Trackwhatyoudo,andwhattheresultsare5.  Beyourself,notyourbrand6.  Adaptyourcontentfordifferentpla`orms7.  It’sokaytorepeat8.  Simplifyyourmetricstoasingledashboard

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also

spendmoreImelistening

thantalking

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ROI

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buildrelaIonships,notonenightstands

• Ticketbuyers• Localbusinesses• Othertheatres• CurrentandpotenIalemployees• ArIsts• Alumni• Vendors• Funders• Localresidents• Curiousonlookers

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whatyoumeasurema5ers

sadly,there’snosecretformula

h5p://bit.ly/100ways

thinkaboutmicroconversions

li5lestepsalongapathtoabiggoal

problem.goal.tacBc.metric.

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yeahyeahyeah,butIwannasellIckets

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Facebook

150millionUSusersonFacebook

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I’mmoreethnicallyandgeographicallydiverse,

older,andengagedonlinethanyoumightthink.

Averageuser• Logsindaily• Spends55minutes• Has130friends• Creates70piecesofcontenteachmonth• Like7pagespermonth

haveyouheard?

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PrivacyOpenGraph

CommunityPagesFacebookCredits

Q&A

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sohowdoyoureachthem?

areyouoneofthe42TCGtheatresnotusingFacebook?

Page80%

Group6%

Profile5%

Abandoned7%

None2%

June201018

howohendoyouupdate?

MulIpleDaily10%

Daily29%

Weekly42%

Monthly19%

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ThePublicTheaterupdatedfacebook23Imeslastweek.

SodidJobsiteTheater.

4TCGmembershave>10,000fansonly6have<100

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

Mediantheatre=1,238

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onaveragelastweek

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Theatre Fans

Post

Comment

Like

StatusUpdate

ReturnonEngagement=4(10Likes+5Comments+1Post)/4StatusUpdates

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correlaIondoesnotimply

causaIon

moreposts morefans

500

1,000

1,500

2,000

2,500

MulIpleDaily

Daily Weekly Monthly

NumberofFans

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moreposts moreengagement

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10

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Likes Comments Posts

FanResponseperWeek

MulIpleDaily Daily Weekly Monthly

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buttherealstoryis

ROE=(Likes+Comments+FanPosts)/Theatre’sposts

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MulIpleDaily

Daily Weekly Monthly

ROE

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37%oftheatresdon’tlinktoFacebookfromtheirhomepage

PS:ReVision,TeatrodelPueblo,GableStage,ActIIPlayhouse,PURETheatre,ChanceTheater,NextTheatreCo,LostNaIon,SummerPlayFesIval,WaterfrontPlayhouse—yourlinksarewrong!

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500

1,000

1,500

2,000

Frontpage Otherpage Notlinked

Fans

haveyoumadetheswitchfromaGrouptoaPage?

‐200400600800

1,0001,2001,400

CustomURLPage

Page Profile Group

Fans

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ifnot,it’sworthit…

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Likes Comments Posts

AverageFanResponseperWeek

CustomURLPage Page Profile Group

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AskingquesIonsgeneraIonshighest

levelsofuserengagement

FanscommentmoreonadministraIve‐relatedpoststhan

arIsIcposts

Fans“like”twiceasohenascommenIng

onawallpost

70%ofengagedfansarewomen,butmen

commentmorefrequently

24%ofengagedfansarestudents;they

engagelessfrequentlythannon‐students

casestudyofKansasCityRep

so?

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• Updatecontentdaily• Linktoyourfacebookpage• GetacustomURL• AskquesIons(authenIcally)

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facebookdrivestraffictoyourwebsite

that’swhereyousellIckets

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souseFacebookInsights

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andFacebookAdstogatherdata

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knowhowFacebookreferralsdifferfromothertrafficsources

testalandingpage

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measureit

Youhavethetools(ifnottheIme)toknowifyourFacebookfansspendmoremoneyatyourtheatre.Export!

Compare!

Analyze!

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searchthepublicImeline

wanttoknowwhatpeoplethinkaboutyourbrand?

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keepaneyeonFacebookCauses

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Twiyer

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60millionUSusers

Averageuser• 5followers• Hastweeted<10Imes• Isintheir30s• Hasacollegedegree• LivesoutsidetheUS

I’mprobablylessknowledgeable

about“thiswholeTwiyerthing”thanyoumightthink

didyouhear?

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• PromotedTweets• @anywhere• hyp://t.co• TwiyerbuysTweeIe• ExpectconInueddownIme

73%ofTCGtheatrestweet20072%

200811%

200956%

20104%

NotonTwiyer27%

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@calshakesjoinedthedayTwiyerwentpublicatSXSW2007

1/3tweetdailynever

tweeted3%

protected1%

autosync25%

abandoned14%

monthly9%

weekly17%

daily31%

43@EWPlayerstweeted72ImesthefirstweekofJune

onlyupdaIngTwiyerviaFacebook?

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Daily Weekly Monthly Abandoned

@menBonsJune1‐6

Real

AutoSync

mosttheatresprimarilyusetheweb

Web62%

TweetDeck17%

HootSuite12%

MobileApp3%

OtherApp6%

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tweetsfromaroundthecountry

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hyp://twiyer.com/devonvsmith/tcg‐member‐theatres

11TCGmembershave>2,000followers77have<100

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1000

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Mediantheatrehas496followers

onaverage,about8%ofyourfollowerswilladdyoutoalist.

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0 500 1000 1500 2000 2500 3000 3500 4000 4500 5000

Lists

Followers

Whattheynamethatlistcantellyouhowtheythinkofyou

AskingquesIonsgenerateshighest

levelofuserengagement

Numberoffollowersisbestpredictorofhighengagement

Atheatre’sfollowersareohen

geographicallydiverse

UserswillcasuallymenIonyourtheatreasohenastheyspeak

directlytoyou

YoucanuseTwiyerformorethanjust

markeIng

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casestudyofAmericanRep

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anexample

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•  SearchformenIonsofyourbrandname,showyou’reproducing,localcompeItors,‘theatre’inyourarea,etc

•  MakefriendswithothersinyourareatweeIng(theatres,criIcs,localartsagency,localpoliIcians,etc).

•  Consider:Twiyercontests,tweetseats,twiyerficIon,seekingoutnewfolowers,respondingtoeveryone,linkingtoyourothercontent,custombackgrounds.

•  TwiyerasCRM:make(private)listsofusers.Segmentfollowersbytype.

•  TrackyourdatainrealIme.

so?

measureit!

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•  Reach:followers(notjusthowmany,butwho)•  Engagement:@menIon

•  Influence:#ffandlisted•  SenIment:contentofthetweetsabout/toyou

tools

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YouTube

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2billionviews/day

24hoursofvideouploadedperminute

Averageuserwatches15minutesperday

EvenlysplitM/F

Mostpopularvideoplayed200millionx

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haveyouheard?

• Dedicatedchannels• NomorestarraIngs• YouTuberentals

LORTtop20casestudy

Viewersengageona“pervideo”basis

Men45‐54arelargest

demographic

Relatedvideosaretopreferralsource

80%ofviewsoccurmorethan2monthsaherposIngdate

Playsgethigherviewsonaveragethanmusicals

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so?

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• Embedvideosonyourwebsite• Understandviewerdemographics• Usekeywordtags• Addvideostoplaylists• Monitor&moderatecomments

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measureit!

whatelse?

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foursquare

1millionusersand1millioncheckinsperday

LORTStudyJanuary–April2010• checkinshavemorethantripled• uniqueuserscheckinginhavealmosttripled• thenumberoftheatreswithanycheckinshasgrown30%• averagecheckinsperpersonhasgrown41%

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MySpace

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Anexitstrategy• Checktoseeifyourfanbaseoverlapswithanotherpla`orm• Pollyouraudiencetoseeiftheywantyouonthepla`orm• GivefansImetotransiIon• Leaveafinalpostthatyou’renolongercheckingtheaccount• ConsiderdeleIngtheaccount

8%oftheatresloggedinFebruary.4%hadfancomments.TheyhadfewercommentsoverthelifeofMySpacethantheirFacebookpagegetsinaweek.

flickr

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4billionphotosuploaded.Facebookuploads2.5billioneverymonth.

LORTstudy:• 23%havemorethan10contacts• 1/3don’ttagphotos

TheatreshaveusedFlickrto:• Askfanstocontributephotosofthemselves• Sendfansonaphotoscavengerhunt• Sellorrentcostume/setpieces• PromotegalaaucIonitemstodonors• Askfanstoprovideinsightondesignimages• Stafftosharelivesoutsidethetheatre• Givefanstourofthetheatre&offices

blogs

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25%ofTCGtheatrewebsiteslinktoablog2009renewedinterest(LORT)Onaveragepost3ImeseachmonthMostpopular:differentauthorforeverypost

GoodNews:• Archiveofyourhistory• PermanentlinktosendinformaIon• Thoughtleadershipinthefield• Schools/universiIes—student/internlife• ValueofSEO/recencytoyourwebsite

Badnews:• Veryliyleengagement• Lotsofeffort• Unclearreadership

howmuchImedoyouhave?

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4.8Facebook

4.4Twiyer

2.9Blog

2.9YouTube

1.2,Flickr

1.3,Other

9.5CreaIngMaterial

2.7Learning

1.7Measuring

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ifyourreputaIonisatstake,shouldyoutrustanintern?

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Thinkabout• Fitbetweenwho’sspeaking&thepla`orm• Howtoeducatethestaffabouthowtouseit• Staffengagementasameasureofsuccess• Socialmediapolicyforpersonaluse

sowhatareyourchoices?

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MarkeBng/CommunicaBons• MarkeIngAssociate(3)• CommunicaIonsManager(2)• MarkeIngManager(2)• MarkeIngDirector(2)• MarkeIngCoordinator(2)• AssociateMarkeIngDirector• CommunicaIonsAssociate• DirectorofCommunicaIonsandMarkeIng• MarkeIngdude• MarkeIngmavens• DirectorofCommunityEngagement• MarkeIngIntern• NewMediaManager• MarkeIngAssistant• AudienceDevelopmentAssociate• PublicRelaIonsManager• MarkeIngandDevelopmentAssociate• InteracIveMediaManagerandMarkeIngAssistant• DirectorofMarkeIngandInternetServicesManagerandAssistantDirectorofDevelopment• MarkeIngdepartment

ArBsBc• MostlybyLiteraryManager

• SomeImesbyExecuIveDirector• Co‐ArIsIcDirector

• AssociateArIsIcDirectorandProducer• ArIsIcFellow

• ArIsIcAssociatetypicallytweets• ArIsIcDirector

• ProducingArIsIcDirector• AssociateDirector

Other• ManagingDirector(2)

• EducaIonAdministrator• ResidentProducIonStageManager

butwhatif?

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IttakestoomuchIme

Onceyougetthehangofit,itdoesn’t.CheaperthanmostothermarkeIngefforts.

Itwon’tsellIckets

BuildarelaIonshipwithyourfans

SocialMediaisjustafadPla`ormsmaycomeandgo.Thebestwaytobepreparedisto(though`ully)

experimentonthecurrentone.

Peoplesaybadthingsaboutus

Theyalreadyare.BemoreincontroloftheconversaIonaroundyourbrand

thefuture

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SocialSearch

PushRecommendaIons

QRCodes

Q&APla`orms

OpenGraph

wannaknowmore?

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THANKS!

Follow:@devonvsmith

Read:www.devonvsmith.com

Email:[email protected]

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quesIons?