Listening to Director of Monetization moderate Turning the Social Web Into Real ROI panel at SES 2009 San Jose

Turning the Social Web Into Real ROI

Today the social web is essential to how we live our lives and how we stay connected. We use it to keep up with friends, family, colleagues, and even public figures and businesses. But does it really present an opportunity to marketers? The social web has proven to be effective in helping marketers reach the right audience at the right time. The way we stay connected has moved beyond email to a world of real-time reciprocal communication. With more time spent on Facebook than email these days, marketers are able to reach a large and interested audience and engage in a two-way dialogue with consumers.

This session will explore best practices in how marketers can leverage the social web as a simple way to quickly build and manage effective campaigns. Our panel of experts will share their first-hand experience and help marketers gain a better understanding of what they can do to maximize their success through the use of these tools.

Moderator:
Tim Kendall, Director of Monetization, Facebook

Speakers:
Sean Heywood, Managing Partner, MR Barber Shop & Urban Lounge
Claudia Virgilio, Vice President Western Region, Performics
Rogelio (Ro) Choy, Chief Revenue Officer, RockYou

QUOTES FROM THIS SESSION
(these are all direct quotes from these leaders)

Conversions 11% higher with social media properties involved in campaign

Campaigns typically double ROI when social media is involved

Virality is the driving force in Social Media
But how you measure it?
Click throughs on notification and then whether that person forwards it

More focus on fan pages vs. web pages….dynamic, growing, community….value of fan page vs. web site (fan page FACEBOOK hands down better due to MULTIPLIER EFFECT!)

52%-58% higher ROI through Facebook in a targeted test of online marketing of different web properties – Claudia Virgilio

3 to 1 ROI on FB for my clients on average – Claudia Virgilio

If we reach a 30% forward rate, we know it is viral and we get really excited. -Rogelio (Ro) Choy, Chief Revenue Officer, RockYou

There was much conversation during this talk about the Facebook fan page vs. traditional landing pages and other web properties in terms of ROI. All agreed the ROI due to the MULTIPLIER EFFECT was huge).

FB and social media in general offer businesses super niche , super specfic campaign opportunities. Again, conversion is 11% higher through a FB fan page than a landing page. – Claudia Virgilio

More focus on fan pages vs. web pages….dynamic, growing, community….value of fan page vs. web site (fan page FACEBOOK hands down better due to MULTIPLIER EFFECT!)

52%-58% higher ROI through Facebook in a targeted test of online marketing of different web properties – Claudia Virgilio

3 to 1 ROI on FB for my clients on average – Claudia Virgilio

If we reach a 30% forward rate, we know it is viral and we get really excited. -Rogelio (Ro) Choy, Chief Revenue Officer, RockYou

There was much conversation during this talk about the Facebook fan page vs. traditional landing pages and other web properties in terms of ROI. All agreed the ROI due to the MULTIPLIER EFFECT was huge).

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