One question I often hear online is: “How are we going to measure the effectiveness of our social media marketing campaign?”. Social media marketing (SMM) is still very new to many and it is not a marketing method that represents clear results and benefits. SMM is most likely the hardest marketing method to measure ROI for, but there are clear ways you can measure the results.
During the early days when social media marketing started to buzz online, many marketers and digital marketing agencies jumped on the bandwagon without thinking on how they are going to measure their marketing efforts, and to check if they are on the right track. Many were confused because they didn’t have clear objectives on what they want to accomplish, and this is why it is so important to plan your social media marketing strategy before you start venturing on the social web. Find below a couple of tips to help you get started on how you can measure your social media marketing campaign.
Define goals for your social media campaign
If you are going to start a social media campaign just because everyone else is doing it, your ability to get results that you can measure will really be limited. This is true if you are using social media channels such as your blog, Facebook, Twitter, Google+, and LinkedIn. When you start planning your campaign, think about what you want to achieve with your initiative. Do you want to increase your brand awareness? Build a network of loyal followers? Increase sales? The same as any other digital marketing strategy, once you see and measure what you are doing, you will be able to make corrections as you are going along.
What do you want to measure in regards to your goals?
Are you going to use any other form of marketing, including traditional marketing, direct or branding, without a clue of what you can expect? Most likely not. At a bare minimum, you need some way to see if anyone is actually responding to all your efforts. To accomplish this, tract factors that you are already using for your digital marketing efforts or that can be integrated easily.
Among the most basic metrics you can use to measure are factors such as number of visitors generated, actions, brand awareness, time spent, costs, and sales. While these elements may not provide an accurate measure, these can give you a ballpark estimate of your effectiveness. Since you basically have to start somewhere, using what is free from the social media channel you want to measure so that you will have some basis to compare the results with your social media marketing initiative.
Use call to actions
With your social media campaign, use unique promotional codes, and dedicated call to actions that you can use for tracking purposes. The same as what you must do with any other promotion, you often will need a code that you can use for tracking. This way you can track your social media influence very early in the sale process, and you have a way to track it.
As you are gaining more experience with your social media marketing campaign, and ways you can measure the effectiveness, your insights into what you have to measure will make sure your initiative will improve. If you are still having problems measuring the effectiveness of your social media campaign, there are many commercially monitoring applications available that you can use to effectively measure your results.
I’m so glad that you’ve mentioned blog as part of a
social media channel. A lot of people tend to think that Social Media marketing
means running ads on Social Media Channels like Facebook,
twitter etc. but they easily forget that having a blog is a big part of most
social media campaigns and strategy’s.
Thanks Jenny. In my opinion – a blog should be the heart and soul of any social media marketing strategy. It can serve as the link hub where all your main content that you share originates from. For large businesses, it is also an excellent channel to put some faces behind the logo of your business if you use multiple authors. It also creates authenticity.
Hi Anton
This article is awesome. Glad to know about this, I have included this to my blog and I am making it sure to link back to you so that others can read the full article.This is very informative.
Ed