Digital Insights

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 ?
  • 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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