Measuring success in social media - YouTube

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Tracking the impact of a social media campaign is really important
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but it can get complicated.
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That's when analytics and tools can help.
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But first, let's hear from business owner Mike
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about how he uses analytics
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to know which of his social media efforts are working best.
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Being able to analyze and knowing how effective
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my social media strategies have been to the business overall
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has been obviously very important.
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It's so tied in with the need to stay and to maintain
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that strategic plan, you know, and make sure everything stays online
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and on course with your plan to achieve your goals.
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And using social media to help achieve that, you know
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it's been very important, being able to measure it.
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Equally important.
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Because of the fairly low or smaller level which I sort of operate at
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I'm able to just use the individual tools
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which Facebook, Twitter and Google provide.
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So I can use the analytical tools that Facebook provide
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to see when a post is being very effective
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and I'll put a bit of budget to it or I'm able to see the times a day
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and also the demographic that it did target and who appeals to.
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In this video we'll cover how analytics and different tools can help you track
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the impact of your social media efforts
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and understand your customers a bit better.
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Let's assume our vintage clothing busines has established accounts
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on a few social networks: Facebook, Twitter
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and maybe some other smaller fashion related social networks.
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First, it's important to take a look at the social networks themselves.
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When you log in, many provide data about what's happening on those networks.
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For example, you might be able to get reports about how many people
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you're connected with and how that's been trending over time.
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Which of your posts are getting shared or interacted with the most
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or even who your biggest fans might be.
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By looking at the data and reports available
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in many social networks you can learn a lot about who your connections are
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how they behave and how they consume
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or interact with the content you're providing.
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But logging into every single network and looking at the data and reports
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and each one separately can be time-consuming and tricky.
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Remember those tools that can help you schedule your posts
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and consolidate all of your logging in to just one place?
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Well, many of those tools can also track and provide data that can compare
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the different networks against each other and give you all that reporting in one place.
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Tools like these are really helpful and you can investigate them by searching
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for social media management tools.
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There's also another kind of tool that might help you: social media monitoring.
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There are lots of them out there and a wide range of features and pricing
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but basically, these tools will scour all the social networks out there
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looking for mentions of you, your competitors
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or even certain themes being talked about.
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These can help you identify new social networks
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you might want to participate in and let you join conversations
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about your business or your industry.
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But these reports and tools typically only measure
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what's happening on social networks themselves.
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So, if you want to know what's happening
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after someone decides to click on a link you shared
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or a piece of content you post on your website
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you'll need a separate tool dedicated to tracking what's happening on websites
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like Google Analytics.
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Web analytics tools will generally pick up the trail
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as soon as someone hits your website
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and many of them will automatically track
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when visitors are coming from social media sites.
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This means, that if you're tracking what people are doing on your website
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you can see how many visitors from Facebook or Twitter
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are not just arriving on your website but also submitting your contact form
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or buying items from your online store
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or downloading your monthly PDF newsletter.
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Now, you'll really be able to see how your social media efforts are paying off.
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Lots of web analytics tools also let you track not just where network visitors
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are coming from, but even the specific posts or pieces of content
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that got them to visit your website.
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Each web analytic tool does this differently.
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The end result is pretty cool.
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You'll be able to look at different reports
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and see things like which kinds of content from which networks
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tend to get people to visit your website, engage further with your pages
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and eventually convert on your business goals.
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So, that covers how to measure the success of your social media efforts.
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Using the data and tools available from the social networks themselves
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using social media management and monitoring tools
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and using web analytics
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to see what social visitors are doing on your website.
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This will help you understand exactly how and where your efforts are paying off.
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That way you can keep improving your social media strategy.