A from MDG Advertising of the Advertising firm chart "social network investment rate of return" according to display, social network marketing return on investment return-on-investment (ROI) is not as obvious as people think. As the chart shows, the social network Facebook brings the most obvious ROI, is the most valuable social marketing platform, but significant increase of only 14.3%, Twitter and LinkedIn only 11.4% and 10.9% respectively. And, more companies are planning to increase marketing investment on YouTube.
In addition, the social network marketing is not a suitable for and uniform metric. Click on the quantity is not the only. In the research of the chief marketing officer accepted the (CMO), 96% of sales target and begin to surmount web standard to identify its value. What's your goal? Is short-term sales, or sales promotion to supplement the competition? Is to strengthen the contact with existing customers, or to increase product search volume?
And, according to research firm forrest (Forrester) information displays that judge the value of social media marketing to consider the four factors: one is the cost of the increase or decrease, and the second is the brand effect is improved, and three is risk management, the company is ready to cope with may cause of brand of the negative impact, four is digital assets have increased.
This is a complex topic about Social network marketing value geometry which involves a lot of calculation. We can know a lot form that and with the result of that we can make things better. But to my opinion, we should measure things different for they have differnent features and in different areas.
回复删除This is a good point that we should consider about the ROI from the social media market. However, I believe the hidden value behind is much greater the direct ROI, like getting access to the potential customers and even help to reach a new customer base.
回复删除Of course we don't want do see any advertisement on the social networking sites. However, Facebook / Twitter are free of charge and they can just run the business by advertisement. Social network marketing perhaps now is a unstoppable issue.
回复删除Another evolution social media brought to us is the way to make market research. The traditional way is collecting the responds to a specific designed survey. But on social media, it diverse. What's more, with the help of technologies, collecting response does not have to ask users to participate a survey. The activities recorded by the system can provide much useful information about the response.
回复删除