How to Measure Social ROI

Social media is evolving at an incredible pace, and - let’s face it - many marketers are still finding it difficult to measure what matters. What should we be paying attention to after we post, promote, tweet and pin? How should we do it?

As our Google colleague and digital marketing evangelist Avinash Kaushik says, you’ve got to be able to answer the big “so what” of social:

“Did you grab attention? Did you cause people to take an action? Did your participation deliver economic value?...Social media participation, done right, adds value to the company's bottom-line. Some of its benefit can’t be computed. That is okay. But some of it can be and it is your duty to quantify that.”

Earlier this summer we announced that Wildfire products would be integrated with DoubleClick Digital Marketing. Today we’re happy to share that two Wildfire integrations are available with Google Tag Manager and Google Analytics. These integrations are part of our vision for helping you better measure how social works alongside all your other digital channels, and how social can drive real business results. 




1. Measure your ROI from social with Google Analytics
If you use Google Analytics (GA) to measure activity on your websites, our new GA integration will allow you to zero in on the bottom of the marketing funnel – i.e. what happens when someone hits your website after clicking on a social link.

For the first time, you can understand which social posts and pages are driving website conversions without huge amounts of manual time and labor.

When you direct someone to your website from a social post on Google+, Facebook or Twitter, or from a social landing page, Wildfire will automatically add tracking links and allow you to view all conversion metrics in Google Analytics.

For example, in a GA Campaigns Report, you’ll be able to see a breakdown of metrics - time on site, revenue, clicks, etc. - for each social page and post. This level of integration is unique to Wildfire.

2. See how your customers interact with social on the path to conversion with Google Tag Manager
Social used to be a black box. If your customer saw one of your social landing pages at some point, it likely wouldn’t be credited as part of the customer’s path to purchase. Until now! Wildfire’s new integration with Google Tag Manager (GTM) gives you a full picture of how social fits into your customer’s journey without the expense and hassle of manual tracking and tagging.

Google Tag Manager is a free product that allows you (and your agency and website team) to easily tag content across any of your domains and websites. We’ve integrated with GTM so that in one step, you can automatically add GTM code to all your Wildfire campaign landing pages--sign up, sweeps and coupon forms. You can also tag ads related to those specific campaigns, allowing you a full view of how customers move from ads to social landing pages to your website. 

This works for both Google and non-Google tags and will give you tremendous insights in one place:
  • First, it can help you spend your ad dollars more wisely: If you send users from a digital or social ad to a Wildfire-built landing page, you can easily track which ads were most effective in driving the most social conversions, such as coupon downloads, sign-ups and sweepstakes entries.
  • Second, you can view the full customer journey: For example, you can see if customers who started in social vs. display generated more revenue, or if social ads directing customers to a landing page were more effective in driving conversions than mobile ads sending customers straight to your website. The possibilities are almost endless.
  • Third, you can compare the effectiveness of organic vs. paid content: See if users who landed on your social page organically (from a brand post or user share) lead to more revenue or social conversions than those who came from paid ads.

Much of the value your brand gets from social media comes from having a place where you can have a two-way, engaging conversation with customers. Yet showing how social delivers real business value will get you permission, and the budget, to do more of that brand and relationship building.

Digital marketers are only just beginning to realize the true potential of social, and with these new integrations Wildfire by Google is working to help you take social from siloed to integrated…from nebulous to concrete. We invite you to join us in our quest to better measure social’s impact on customer interactions, web visits, ad effectiveness and ultimately revenue.

Learn more about measuring social with Wildfire’s Google Analytics and Google Tag Manager integrations here.

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Wildfire goes social all summer long

Summer offers some awesome opportunities to connect and have fun with your social community. But with vacations, holidays and the swimming pool calling your name, it can be tough to find the time. Never fear. We put together a Summer Social Calendar that makes it quick and easy for you to stay on track.

 
Every day in July, we’ll be serving up a social best practice, strategy video, trivia nugget, insightful stat, social platform tip, or special surprise to keep you in the summertime spirit and inspired with new ideas. We even have a schedule of recurring themes so you can get excited:




 


  • Messaging Monday, featuring weekly advice and strategies for crafting compelling messages so your fans and followers are moved to engage and take action
  • Template Tuesday, featuring a Wildfire template and ideas for how to creatively incorporate it into your social media plan
  • Watch Wednesday, featuring a never-before-seen video interview with one of our social experts discuss a topic all marketers are wondering about
  • Throwback Thursday, featuring a look at a “historical” fact about social media— though our industry is young, we have some rich history to save for the trivia books!
  • Fun Fact Friday, featuring, you guessed it, a fun fact you can amuse your colleagues with
  • STATurday, featuring a weekly, can’t-miss, social media marketing statistic or research insight
  • Sunday Social, featuring notable thought leadership on each of the major social network platforms and how to harness the opportunities for your brand on each

After you visit our July calendar, be sure to check out our 12 Months of Social campaign to see how flexible and reusable our templates can be. We built both campaigns using our Daily Reveal Calendar template, but the two experiences are totally unique.

What do you think? Excited about learning something new everyday? Tell us in the comments!
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