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Importance of social media monitoring
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Introduction Using social media to market an organisation has become more common and integral to a success of a brand, product, and company. Social media strategies are used by many organisations, but how do you know if they are successful and worth your time and money? A social media’s success can be tracked quantifiable using metrics (Gold). There are hundreds of social media and web metrics that can be used to determine if a social media campaign is successful, but a few are key and should be monitored at all times (Chitwood). The nine social media metrics presented below are important to the success of a business and should be measured throughout the planning, execution, and evaluation stages of your social media campaign. Reach The reach of a social media campaign is the amount of likes, follows, fans, subscribers, etc, your social media platforms gains from your social media campaign (). Your reach is a metric that may not be the most important number to collect, but it gives you a starting point to calculate many other metrics, such as, engagement, impressions, and shares (). Planning In the planning phase of your social media strategy you must first collect the current number of followers, fans, likes, and subscribers your organisation has. This will give you an idea of the current reach your organisation holds. In addition, your organisation should create a goal of how many new users you plan to reach. For example, if you have 1000 follower, how many more do you want to reach by the end of your campaign? Evaluation In the assessment phase of your social media campaign more data should be collected to ensure you have reached your goal and the social media campaign was successful. To calculate your reach tools, ... ... middle of paper ... ...iness Should Track." Social Media Examiner. N.p., 11 Apr. 2013. Web. 06 Mar. 2014. Miller, Jason. "5 Simple Metrics to Track Your Social Media Efforts." Social Media Examiner. N.p., 28 May 2012. Web. 06 Mar. 2014. Smith, Mari. "How to Measure Your Facebook Engagement." Social Media Examiner 13 Apr. 2011: n. pag. Social Media Examiner. Web. 6 Mar. 2014. . Stobbs, Clayton. "Beyond Likes and Follows: Measuring the Effectiveness of Social Media Campaigns." Web log post. Eloqua. N.p., 27 June 2013. Web. 06 Mar. 2014. Vocell, Jeffrey. "5 Social Media Metrics You Should Be Monitoring." Web log post. Social Media Today. Social Media Today LLC, 17 Oct. 2012. Web. 06 Mar. 2014. Yuki, Tania. "Measuring What Matters in Social Media." Web log post. ComScore. N.p., 18 Nov. 2013. Web. 06 Mar. 2014.
Stelzner, M. A. (2013). 2013 Social Media Marketing Industry Report. Retrieved 02 28, 2014, from Social Media Examiner.com: http://www.socialmediaexaminer.com/social-media-marketing-industry-report-2013/
A. M. Kaplan and M. Haenlein, ‘Users of the world, unite! The challenges and opportunities of Social Media’, Business Horizons, vol. 53, no. 1, 2010, pp. 59-68.
Marketing through Social Media (Exploratory Essay) Throughout the ages there have been many intriguing ways that businesses have portrayed their product or services for accessibility. Recently, businesses have been researching how to market the businesses product through the World Wide Web. With websites such as Facebook, Twitter, Instagram, it started becoming popular within the past 20 Years. People have started to rely heavily on the internet over the past decade, whether it be for searching for information on products or people.
These individual measurements include views, likes, buzz, and overall awareness. The views will be counted on two different channels, which are Collette Travel’s home page and their social media accounts. Next, number of likes will play a large role as we will see whether consumers are interested in the ads and find them amusing. The buzz will be broken down in a couple of ways, such as interaction with the campaign including comments, tags, posts, and simply just the humming with news or discussion upon these ads. Lastly, is the ultimate mark of success which is awareness.
As already mentioned, with the advancements made in social media and technology in todays society, marketing and financing for campaigns are at an all time high in importance. In order to have a successful campaign, both business
If you asked 10 followers on Twitter if they prefer Coke or Pepsi, 9 out 10 would probably say Coke. This paper will explore the concepts of social media presence for The Coca-Cola Company. Why do people drink Coke? Why is Coke so popular? Questions such as these will be answered throughout this strategy recommendation project.
Before you develop a B2B marketing strategy to be used on a social media, you can begin by finding out what other business are up to, this will guide you to know where they are headed. Also find out their target group to and whichsocial media marketing they are using. This as well will guide you on knowing what kind of employees you would want working for your company and in addition to that what kind of business owners you would want to attract and associate with. Also, it would be important to know from where they get their information from.
Social media in marketing is used as an apparatus that builds an identity for a brand and gives awareness that they thought they could have. It does not only respect buyers, but also customer allegiance. Social media is widely-ranged so it can be used in whatever way that best conforms to the strategy and wants of the business. In accordance to the social media marketing report of 2014, a considerable (64%) of marketers use social media for at least 6 hours or more and 41% for 11 hours or more weekly, more importantly nearly (19%) of marketers use up to 20 hours each week on Facebook, Twitter, LinkedIn, Instagram and many more. The report also showed 7 social media platforms that led in 2014 which are Facebook, Twitter, LinkedIn, Google+, Youtube, Pinterest and Instagram.
Strickland, Jonathan. "What Are the Pros and Cons of Social Networking Sites?" HowStuffWorks. 10 July 2009. Web. 20 Feb. 2014.
Social media is pertinent in use of communication throughout today’s organizations. There are many social media platforms that allow organizations to convey communication to potential consumers, stakeholders and the public. “It is essential for leaders to integrate these technologies and seek the best way to use social media and networks to the advantage of the business” (Billington, 2012, p.1). Business owners find that keeping up with current technology trends is essential in having a competitive advantage in the market place and having a strict set of standards and strategy is important in quickly adapting to social media trends.
Blanchard, O. (2011). Social media ROI: Managing and measuring social media efforts in your organization. Available from http://0-proquest.safaribooksonline.com.mylibrary.qu.edu.qa
Since social media users grow larger and larger, many companies take the opportunities of using social media marketing to reach more customers. Companies use social media marketing in order to achieve marketing communication and branding goals. Social media allows companies to see what prospects are saying about their brands and competitors. It also allows companies to build deeper relationships with existing customers that drives them to purchase again and again. Not only it can help them generate new leads, but it allows them to build deeper relationships with existing clients that drives them to purchase again and again. It has become common for businesses to branch out and experiment with multiple networks with the aim of reaching the maximum amount of costumers.
"The History and Evolution of Social Media." Webdesigner Depot RSS. N.p., n.d. Web. 19 Apr. 2014.
“Social Networking Fact Sheet.” Pew Research Internet Project. 27 Dec. 2013. Pew Research Center. 1 April 2014.
Marche, Stephen. “Is Facebook Making us Lonely? (Cover story)”: 8 (10727825) 309.4 (2012): 68. Academic Search Premier. Web. 24 Apr. 2014.