A Simple Way to Calculate Social Media Return on Investment

May 20, 2011

The Social Media Examiner has just published a new article by us here at Klurig Analytics. Apply named “A Simple Way to Calculate Social Media Return on Investment”, the article defines a few different ways to calculate your Social Media Return and your ROI.

Click here to go directly to the article.  The following is the first two paragraphs.

social media how toSocial media return on investment (ROI) is simply a measurement of efficiency. It’s a lot of things to a lot of people: “return on inactivity,” “return on innovation” and “return on engagement.”

However, in a stricter sense, social media ROI is defined as a measure of the efficiency of a social media marketing campaign. This definition might sound complicated, but in reality, it’s quite simple.

Read more at Social Media Examiner


Free Webinar – Prove the financial value of Social Media campaigns

May 19, 2011

Are your executives demanding quantifiable ROI of social media campaigns? Are soft metrics such as “engagement” and “awareness” no longer sufficient to prove its value?

Join us for a free webinar, where we will show you how calculate the ROI of social media and prove its financial impact on your business. Webinar registration.

  • Learn how to measure the financial value returned from each dollar invested in social media campaigns
  • Compare the effectiveness of social media campaigns with traditional media such asMoM ROI TV, print, radio and outdoor
  • Monitor KPI (key performance indicator) trends and optimize your social media campaigns to maximize returns.

Led by Dag Holmboe, CEO of Klurig Analytics, moderated by Mala Sarat Chandra, Lecturer in Social Media at the University of Washington, this free 30 minute webinar will run on Wednesday, May 25th, 2p, EDT, 11am PDT.

Register for the webinar here. Also, tell your Facebook friends about it.

Follow

Get every new post delivered to your Inbox.