� There are three camps of thought about measuring the effectiveness of social media:
Freewheelers, Bean Counters, and Explorers.
Which one are you?
Take the quiz and find out.
It is irresponsible to set up a social media program or campaign without calculating ROI
Companies and organizations should set up a balanced measurement program with both ROI and softer measures
It is good to generally look at how social media impacts ROI, but it shouldn’t be the focus of the effort
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Each social media campaign should include a strategy with measureable objectives
Social media programs should include clear benchmarks and objectives while leaving room for flexibility
Plans are good, but don’t underestimate the power of spontaneity in a social media environment
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It is possible to quantify the value of online relationships through lifetime value and other means
Online relationships are like kinetic energy, they only have value in action
Having lots of followers and fans can’t be “valued” but they are valuable for brand loyalty
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Influence in social media can be obtained through a predictive algorithm, which can improve over time
Social media influence scores are proxy measurements, but have value to benchmark over time
Social media influence may or may not be measureable, but perception is reality, so you must play the game
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It is possible to track social media actions to sales and should be a primary measurement strategy
Some social media activities can be attributed to sales, and other can’t, but both should be measured
There is no good way to attribute social media activities to sales, but anecdotally it is clear that is works
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