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Assessing the Value of Social Media to Organizations
Page history last edited by Brenda Manry 2 yrs ago
"Show me the money!"
- How do you assess the value without measuring traditionally? -- Participation (if there's participation, people are using it).
- What systems are people using to track usability? -- Webtrends (not able to capture large amounts of data for long periods of time consistently).
- Need to determine if it's valuable enough to add personnel -- One company uses interns, outsourcing, re-allocation of existing jobs (Needs to be looked at up front before rolling out new channels)
- Using new tools to do the same jobs -- able to more with new tools (Job re-assessment; to integrate strategically into exisiting communications process)
- Using social media for marketing? -- MySpace can be used to market externally. Internal blogs can be used for marketing for content on a portal (Motorola). OnMilwaukee.com - talks about areas of expertise to share with readers. PR write about their fields, create e-Newsletters for prospects to position their people as experts.
- Keywords on Technorati to search for specific topics for companies. (Technorati also gives great information, such as authority, which indicates how credible a source is and how many people subscribe/visit.)
- Dove Evolution ad on You Tube = 150% ROI (return on investment) in comparison to 2 minute spot on SuperBowl.
- RSS Feeds can be tracked on certain sites either paid or not paid.
Assessing the Value of Social Media to Organizations
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Comments (2)
Christi Dixon said
at 11:56 am on Sep 26, 2007
Brenda-- glad to see you capturing this! Thanks!
Brenda Manry said
at 4:33 pm on Sep 26, 2007
Christi - Glad to help; thank YOU for capturing the other stuff. I know I will come back and look at it again. So thanks!
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