3 Cornerstones of Social Media Campaigns
Posted on June 9, 2010 by
A little over a year ago, we delivered the debut issue of the Social Wonders Newsletter. A look through the past year’s topics reveals three main themes – Monitoring, Measurement and Management. While we did not set out with the intention of focusing on these three areas, it quickly became apparent that they form the cornerstones of social media campaigns. Here’s why…
MONITORING – Without it, we wouldn’t know what strategy to develop for a social media campaign and we wouldn’t be able to make a campaign dynamic and actionable.
To build a social media campaign strategy, we need to first conduct an audit just as we would for a more traditional PR campaign. The social media audit consists of four major monitoring-and-analysis components. The first three, which we break down in our September ’09 issue, monitor and analyze where a company (and its product) stands in comparison to its competitors, its market and its current social media efforts. The fourth component monitors and analyzes influencers who are most relevant to a campaign, a process we describe in our March ’10 issue.
But monitoring doesn’t end with the audit process and development of campaign strategy. Once the campaign has been launched, we continue to perform ongoing monitoring in order to identify specific actions and opportunities to proactively engage with target audiences (customers, potential customers and influencers). Ongoing monitoring differs from monitoring during the audit phase in that it leads to specific actionable recommendations that feed back into the creation of strategic content.
MEASUREMENT – Did the campaign accomplish its intended goals? Was it worth the time and resources? Measurement allows us to evaluate the success and value of a social media campaign.
The first question requires a method to identify and report the results of a campaign. To begin, it is necessary to set specific actionable goals for a campaign and to then determine metrics that have a direct correlation to the goals. Those metrics should be used to measure the effectiveness of a campaign. The goals for a Twitter campaign typically involve increasing awareness (of a company, event or product), so metrics that determine the number of impressions and the level of interaction (or interest) produced by a campaign serve as a good indicator of whether goals have been reached. Our June ’09 issue details the metrics that we generally use when measuring the results of a Twitter campaign. However, these are just starter metrics and we should always make sure the goals are really appropriate for a campaign. For example, reaching the largest number of people may be less important than reaching specific people.
The second question of whether a campaign was worth the time and resources addresses the issue of ROI and is unfortunately a much harder nut to crack. Though we would be the first to recognize there’s no simple solution, we offer one way to tackle the issue of measuring social media ROI (especially in comparison to other marketing programs) in our July ’09 issue. We hope to offer more on this topic as we get more hard data from our campaigns for clients.
MANAGEMENT – You’ve completed your audit, developed your strategy, and even determined the metrics for measurement. Now begins the work of producing and communicating content as part of your campaign, a process that can be overwhelming and time-consuming. How do you optimize limited time and resources?
Our debut issue from May ’09 outlines steps to increase the results of a product launch by incorporating social media channels like blogging, Twitter, and video. But how do you manage those channels individually?
For example, many companies struggle to find a process that allows them to publish and promote posts regularly for a corporate blog. In our February ’10 issue, we introduce one method, which follows a publishing model practiced by media companies and which addresses the three main obstacles of corporate blogging: 1) getting busy people to consistently contribute content; 2) identifying relevant topics; and 3) generating enough blog views to justify the cost of time and effort.
With Twitter, the challenge lies in managing the flood of content that is pushed out to the Twitterverse. How do you know what requires a response? Is there a way to minimize the amount of time spent searching for and writing mini-posts to publish? We have found that some tools can ease the process and we provide a guideline to using such tools effectively in our issue from January ’10.
Integrating video into a product launch is especially effective due to video’s visual impact and YouTube’s viral potential. Video can tell the story of a company or a product in a way that cannot be accomplished by the written word (e.g. press release) alone. Unfortunately, producing a video is a foreign process to most companies. Budgets rarely allow for the employment of professional production studios, so how do you make a video that looks professional, yet doesn’t cost tens of thousands? We struggled with the issue ourselves and share some tips we learned in our November ’09 issue.
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Case Study: Japanese software company Lunascape
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