Measuring ROI of your social media marketing IS possible. You can focus your efforts on building a network of engaged, active customers AND you can measure how social media affects the bottom line. Also because social media is NOT free (see the diagram below) it is important to demonstrate this tactic’s contribution to the bottom line in order to keep C-Level management happy and the budget allocations for social media flowing. So why then are 84% of social media programs not measuring ROI? I think it’s due in part to a lack of understanding about the fundamentals of ROI.



Comments


Written by HeatherStone
765 days ago

Steve Schmidt.

Measuring the impact of social media is getting easier everyday with emerging analytics tools. Thanks for sharing this awesome post with the BizSugar community.



Log in to comment or register here.

5 Things Your Latino Employees Wish You Understood

Latino employees are the fastest-growing segment of the U.S. workforce – in fact, by some estimates one in three working …
Subscribe

Fiona McEachran: In Love With Marketing

All small business owners must get acquainted with marketing, but for Fiona McEachran it was a match made in … More
Editor's Picks


It's time to up your game with video on BizSugar!
Have you tried BizSugar's new video posting feature?
Post your small business video to BizSugar today!
Did you know you can now post video on BizSugar?