How to measure ROI in Facebook
The following are some notes I threw together while sitting in on a conference on how to measure ROI in Facebook:
- Relentless Marketing
- Budget Allocation vs. Marketing Mix decisions
- Social Media can’t be in a Silo, it needs to be mixed with everything you are doing.
- Not to just get more fans, about driving the top line or bottom line for your business
- Social Media Analytics is not Data Overlay
- Social media analytics needs attribution
- Social Media Done Right
- Business Objective – Increase ad revenue
- Marketing Objective – Increase registrations
- Success Metric – Conversion events
- Marketing Channel – Social Media
- Flickr
- YouTube
- Used to push content and difficult to track
- Strategic Implication: Brand
- Authentic, Personal, Responsive
- Relationships and Cultivation
- Combat Perceptions, Stereotypes and Scandals
- Session Loyalty = 30 day backwards looking first Click Sessions over Sessions same session
- More session loyalty on facebook
- -Conversion Efficiency= event completing sessions over sessions
- Facebook Referrals converting more than anything else.
- Can’t rely on click through analysis alone on Facebook
- Facebook insites, doesnt report on total engagement with page.
- Need Unique visits and more
- can’t judge from 12 interactions a day
- Seton Hall on the Web, installed static FBML to fan page and embedded calls to module itself
- **Edit settings, edit FBML html and embedd image tag. ****Install Static FBML call
- Static FBML page** how to get better read?
- construct image tag
- instructions on coremetrix
- embbed image tag
- impression attribution in Facebook*****
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