Social Media Analytics with Jim Sterne
Jim Sterne, The Godfather of analytics, shares his expertise on how we could achieve marketing success through customer-colored glasse in the following webinar with Radian6.
Points to Ponder:
How are you measuring customer centricity success ? Or are you even measuring it at all ?
Measure Awareness
- How do you define the success of your message reaching to the right people to propel it others like themselves ?
- And How do you match that back to your revenue and cost for the particular activities ?
Measure Attitude
- How do you define what's a positive sentiment - from your customer prospective ?
- How do you define what's a negative sentiment - from your customer prospective ?
Measure Influence
- Have you identify who are the key influencer amongst your potential customers ?
- Have you identify who are the key influencer amongst your current customers ?
- What makes them tick - amongst your potential and current influencers ?
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Have you identiy which are the other relevant influential topics amongst potential, new and current customers ?
Measure Competition
- How are you faring against your competition ?
- More visibility ? or Less ? - Why and Why not ?
- What makes them more visible ?
- What triggers their prospects and customers which leads to the visibility ?
Measure Outcomes
- How do you link your end business goals through the defined social actions ?
- And How do you match that defined social actions with you quantitative data (web analytics / crm) ?
Measure Value
- How much is a defined social media participant worth ?
- What is the lifetime value of a new customer to your business ?
- What percentage of your potential / new customers whom joined in the conversation leads to a desired response ?
- And What is the percentage of those whom remain loyal ?
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