Sunday, April 18, 2010
ROI for my Dandelion
To my faithful readers, this may be my final post. This blog ends my semester and academia at American University. Usually when I finish a class, I'm thrilled because its one less thing on my list to worry about. But not for this class. I enjoyed your companionship and feedback. However, there must be an ending to every beginning. With that being said, I bid you farewell.
But before I part with you, I would like to share my final thoughts with you. I read "Social Media FAQ #3: How Do I Measure ROI?" and "How to Measure Social Media ROI for Business". If you haven't noticed, the theme focuses on Return on Investment (ROI). And after reading these articles, I felt like sharing something a bit more practical from my experience.
I was faced with a challenge to promote an ebook. But not only promote, I also had to measure ROI for my Dandelion project. So I did the following:
1. Based on what I was trying to market and promote, I chose specific online social media to assist me.
2. I'm aware that people love to support anything that's for a good cause, so I created a cause that made them feel like they were actively contributing towards that cause.
3. I interacted frequently by updating status, posting and directly answering their questions. And sometimes, engaging in dialogue with my supporters (just to maintain their interests and their support).
4. Regularly, I checked my analytic reports to measure how many fans, clicks, unique visits etc. or simply ROI I had accomplished.
Based on the articles and my experience, is there anything you would do differently and why?
Labels:
dandelion marketing,
ebook,
market,
promote,
return on investment,
roi,
social media
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Promoting a product through social medias is very inexpensive and an efficient way for people of all ages to become aware of one's product. It's great
ReplyDeleteI love your cartoons and congrats to you on your success at AU. Good luck to you in all your future endeavors! I like the steps that you used to measure ROI for your Dandelion project, especially with point #3. The proactive step you took to update regularly and keep your supporter engaged and interested is a sure-win strategy.
ReplyDeleteGood post! I love the graphic. Your intro made me so sad! I've enjoyed the posting as well... :)
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