Applying Science to Social Media: Analytics 101

These days, the importance of using social media to connect with customers goes almost without saying. And with a variety of channels to choose from that offer direct access to millions of people at no cost, what’s not to like? Well, for one thing, there’s the issue of measurability. While the barriers to entry are next to none, how can you assess your company’s performance in engaging with all those existing and potential customers? After all, social media doesn’t conform to any of the familiar metrics that we’ve used to evaluate traditional mediums for decades. You can’t sum up your interactions on Facebook or Twitter in terms of rating points or share. Furthermore, what constitutes a good result for one company may not apply for another. What if yours is a service-based business rather than one that sells tangible consumer goods? Or what if you’re charged with managing social media for a ministry or nonprofit? Your standards for success will likely be completely different than those of a for-profit entity. The good news is that there are many tools available to help you gauge the overall health of your Facebook Pages and Twitter accounts. Even if your company doesn’t have the funds or the manpower to devote to managing your social media presence full-time, there are no-cost and low-cost options available to help you wrangle the ambiguous concept of engagement into quantifiable figures.

Free solutions

Let’s start with Facebook. The good folks at Facebook offer very helpful performance metrics via their aptly-named Insights feature, but trying to process this data can be like drinking from a fire hose (and one that changes fairly often) unless you know how to filter what you need from what you don’t. Here are a couple of simple calculations that you can perform to distill this raw data into meaningful information. At any given point in time, you can gauge the basic level of engagement on your Page by dividing the number of Monthly Active Users by the total number of Lifetime Likes. Multiply that figure by 100, and you’ve got the percentage of your fanbase that has interacted with your content in some form or fashion during the past month. Because Insights information is kept private and made available only to a Page’s designated administrators, there aren’t any industry benchmarks against which you can rate how your performance stacks up. However, what you can and should do instead is track your own figures over the course of several months. Is your engagement percentage dropping? Climbing? Holding steady? Keeping an eye on these trends will help you establish benchmarks for your own company and give you a feel for the types of tactics and campaigns that get the greatest response. Beyond that, you can determine whether your content is connecting with users or turning them away by comparing Total Likes to Total Unsubscribes. Divide Total Unsubscribes by Total Likes, then multiply by 100, and you’ll find the percentage of people who’ve left your page. Obviously, the goal here is to achieve as low a percentage as possible. Some unsubscribes are inevitable, but hopefully you’ll be looking at single digits. If your percentage is greater than 10, it’s time to scrutinize your content strategy to see what might be driving people away. What about Twitter? Their native platform is notoriously difficult for data analysis, but fortunately, there are a plethora of third-party toolsets that use Twitter’s API to crank out stats for your account. HootSuite is the platform of choice for many social media managers, largely because in terms of ease of use, they’re hard to beat. Once you get acquainted with the interface, it’s pretty easy to get a snapshot of who’s retweeting your content, who’s talking about you, and who’s asking questions that need your attention. You can either monitor this activity manually or set up reports to be automatically generated to give you a global view of the health of your Twitter presence. And did I mention that their Basic plan is free for up to five social profiles?

Almost-free options

What if you need more flexibility and data-filtering power than the free version of HootSuite offers? Then you might want to check out their Pro plan. A minimal investment of $5.99 per month will get you access to advanced reporting tools that will help you monitor sentiment and track social reach as well as the ability to add an unlimited number of social profiles. TwentyFeet also provides some promising tools at a very low cost, although they’re a much newer company without a proven track record established as of yet. However, unlike HootSuite, they offer tracking for YouTube (along with Twitter and Facebook). You can track one Twitter account and one Facebook user profile (not Page) free of charge, or you can add additional profiles for $2.49 per profile per year. Yep, that’s per YEAR, not per month. That’s a pretty incredible rate for the types of monitoring services they offer. The primary benefit of going the paid route with companies like HootSuite and TwentyFeet is the reporting option. If yours is a smaller company with limited resources, it’s much more efficient to be able to pull reports on demand rather than having to spend a lot of your own time crunching the numbers to gauge your performance.

Better information, better decisions

While this is by no means an exhaustive evaluation of all the available services that can help you track social media metrics, these solid, highly affordable options offer enough data to give you a clear view of your engagement across various platforms. Dive in today, and discover the difference that the insights you glean from these toolsets can make in your ability to guide and direct your company’s social media initiatives.

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How GE and Jeff Goldblum Can Help You Harness Your Light Bulb Marketing Moment

Do you want people to remember your company or your product? One of the ways you can achieve memorability is by using humor. Make someone laugh and you make an impression on them. Make an impression on them, and you are well on your to achieving memorability.

When I speak with companies about the value of using humor in their marketing, the objection I most often hear is:

“Our company / service / product just isn’t funny.”

This is a legitimate comment. After all, some products or services lend themselves much better to humor than others. A website for a company selling inflatable bouncy castles is much easier to make “fun” than an ad for an accounting firm. Still, I believe that many companies are convinced they cannot be funny, yet they have never really tried to do so.

Making light bulbs funny

Would you consider light bulbs “funny”? Probably not, but as a recent ad released by General Electric, and featuring actor Jeff Goldblum, shows, even a product as commonplace as a light bulb can use humor in its marketing.

In the ad, Goldblum plays a fictional “Famous Person” named Terry Quattro who extolls the value that good lighting has had on his career as a way to promote GE’s Link light bulb. The ad itself is hysterical and already going viral. Within days of being released, it was already well over a million views on YouTube. This is humor being used at its finest, but the video also does a wonderful job of promoting the product!

Watch the video and you will find that, between the silliness and humor, the writers have done a great job of explaining the value of these light tbulbs, including a low cost ($14.97) and long life (22 years). By wrapping those important messages along with ridiculous scenes that you can’t help but laugh at, they have created something unique and memorable. If all this ad did was explain the value of the light bulb, it would not stand out in any way, but by using humor, the writers and GE have created a fun spot that also does a great job of selling their product!

Sharing the funny

Besides being memorable, marketing that is genuinely funny also has a great shot at being shared by people who have enjoyed that ad.

After seeing the General Electric video, one of the first things I did was to share it on my social media accounts with my friends and contacts. This is par for the course these days. When someone sees something unique, or interesting, or amazing, or funny, one of their first inclinations is to share it with others. This is powerful because it allows your content to spread faster and reach a wider audience. Unlike online ads that are easily ignored and passed over, a shared piece of content, whether it is a video, an article, or some other kind of content, resonates with an audience in a stronger way. This is because that content is often being shared by someone they know, as opposed to being delivered via a faceless ad network.

If I am looking at my Facebook page and one of my friends shares a video and declares that it is “awesome” or “hysterical”, there is a much greater chance that I will give that content a chance than I will if I see it randomly advertised in the sidebar of some web page.

By using humor in your content, you give yourself a chance at being shared, and by being shared, you give your content the best chance to reach the widest audience.

Focus on the situation, not the product

One of the ways that General Electric was able to make an ad for light bulbs funny is by not actually trying to make the product itself funny. Instead, they created a comical situation and a character that introduced the humor to the ad. This ends up being a much easier road to travel than struggling to make a product like a light bulb comical. By placing that product in a comical environment, they still achieve the end result they want – an ad that makes people laugh and encourages sharing.

The aforementioned objection that “Our company / service / product is not funny” can be neutralized using the same approach that GE did for their Link light bulb. If the products or services your company offer do not naturally lend themselves to humor, think outside of the product’s box and take a cue from how GE solved this challenge.

You are not GE

OK, so one item that must be addressed here is the fact that your company is not General Electric and you likely do not have the resources or marketing budget that they have. GE was able to get writers Tim Heidecker and Eric Wareham, best known for their comedy work on the Cartoon Network’s Adult Swim show, to create this ad. GE was also able to secure the talents of actor Jeff Goldblum for this spot. This company has the ability and money to secure these talents, but if you don’t, will this still work for you? The short answer is yes. While your ad may not have the same instant viral exposure that a Hollywood actor and a team of seasoned comedy writers can bring to the spot, that doesn’t mean you should abandon the idea of humor altogether.

If you work with a marketing or web agency, talk to them about your willingness to try introducing some humor into your marketing. Maybe there is one particular product or service that you can test it with, the same way that GE is using humor for this one product (as opposed to for their entire company). Brainstorm and think outside of your comfort zone a bit to see if you can come up with some ideas that will work for you.

Enhance your lighting

GE’s “Enhance Your Lighting campaign is an excellent example of a company and a product that wouldn’t readily be considered “funny” finding a way to add humor into their marketing. Check out the video and see what you can learn from what General Electric has done here. Connect with your marketing team to see how you may be able to use humor to increase the memorability and shareability of your next campaign idea.

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