Social media marketing (SMM) is a process for attracting
prospects at the top of your inbound marketing funnel. It acts as a conduit to
run campaigns for your content marketing strategy, and digital marketers are
much more confident than ever before that social media is important for their
business.
With each passing year, digital marketers are getting more
confident that they are able to measure their marketing ROI from social media
marketing. According to 2015
Social Media Marketing Industry Report by Social Media Examiner, a whopping
92% of marketers said that social media was important for their businesses. Though
only 42% agreed they are able to measure their social activities, but this data
has also seen an upward trend. In 2014, 37% marketers indicated they could
measure ROI and in 2013, it was only 26%.
So, if social media marketing is such an important channel,
your efforts should be maximised to optimize your social media campaigns. Here
are six simple ways to do it:
1) Build a sound content
marketing strategy
Inbound Marketing Funnel |
Social media can be used not only for the TOFU but also for
MOFU and BOFU. You should first build your buyer persona and understand at what
stage of buyers’ journey your prospects are at present. Map the stage of your buyers' journey with the objectives from your inbound marke ting funnel. Basis this, do the f ollowing:
- Identify social media channels that you should leverage
- Build content according to the purpose, and decide on the type & format that will resonate better with your prospects at present.
- Based
on your goals and identified KPIs, decide whether you would like to build an
organic campaign or a sponsored one
various social media channels that you have identon if ied.
2) Test the headlines to increase conversion rate
I recently published a blog and shared it on social media
3) Test optimal time and frequency of shares
In order to ensure that your content is giving you optimal conversions, check if the time and frequency of shares
4) A/B test your snack-able content for
This particular step will be
5) Ensure you are able to track URLs
When setting up a social media campaign, you must ensure that the landing pages that you are going to share are
6) Use Google Analytics to identify optimization opportunities
In Google Analytics, use Acquisition>Social set of reports to understand the performance of your social media campaign. Here are the reports that can help you weigh the areas that need more focus to get higher conversions.
Overview: Here you will immediately be able to see the comparison between the number and monetary value of all goal completions versus those that resulted from social referrals. If you have to report about the impact of your campaign in
Network referral: Check engagement metrics such as
Landing Pages: Here
Conversions: This report shows the total number of conversions and the monetary value of conversions that occurred as a result of referrals from each network. Under this report, click Assisted vs. Last Interaction Analysis to see how each network contributed towards conversions and revenue. Since you would want to optimize your goal-based social media campaign, it is better to concentrate on Last Click or Direct Conversions and Last Click or Direct Conversion Value.
This is the number of last click or direct sales and conversions. The higher the numbers, the more important is the social network's role in driving
Another metric
Therefore, if you are getting a value closer to 0, then you can say that your social media campaigns are bringing the desired impact.
Visitor Flow: The Social Visitors Flow shows the initial paths that users
Hope this guide helps you in optimizi
Have a wonderful day!