engage bali 2016: moses velasco, socialbakers

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Moses Velasco, Chief Product Evangelist Content Under the Microscope : Quality, Engagement, Reach, Relevancy How are they related? /mosesvelasco @velascom2001 Presented by

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Page 1: Engage Bali 2016: Moses Velasco, Socialbakers

Moses Velasco, Chief Product Evangelist

Content Under the Microscope : Quality, Engagement, Reach, Relevancy How are they related?

/mosesvelasco@velascom2001

Presented by

Page 2: Engage Bali 2016: Moses Velasco, Socialbakers

Content Performance Under the Microscope

Engagement Reach

Relevance-Reach-Engagement

Frequency-Impact

Page 3: Engage Bali 2016: Moses Velasco, Socialbakers

Quality of Content

Why it matters?

Page 4: Engage Bali 2016: Moses Velasco, Socialbakers
Page 5: Engage Bali 2016: Moses Velasco, Socialbakers

Publishing Trend

Companies publishing less, Media publishing more

Page 6: Engage Bali 2016: Moses Velasco, Socialbakers

Companies aren’t promoting effectively

Average interactions vs % of Promoted Posts

Page 7: Engage Bali 2016: Moses Velasco, Socialbakers

Telling Apart Good VS Bad Content

Research done based on 320,000 posts by 5,000 of the largest company pages on Facebook

Page 8: Engage Bali 2016: Moses Velasco, Socialbakers

Good VS Bad Content Impact

100% higher CPC (cost per click)

18% higher CPM (cost per 1,000 impressions)

4x more negative feedback

2.3x fewer interactions with the same reach

7x less viral

Page 9: Engage Bali 2016: Moses Velasco, Socialbakers

3 Common Promotion Strategies

Promoting 100% means 25% worse than if they promote only their bestPromoting the worst content means 40% worse than those that promote good content

Page 10: Engage Bali 2016: Moses Velasco, Socialbakers

The Creative Challenge

• How to be RELEVANT to your audience frequently?

• How do you create content that WORKS?

• How do you MEASURE it?

• Engagement drives REACH, True or False?

• How do you COMMUNICATE the VALUE back into the organization?

Page 11: Engage Bali 2016: Moses Velasco, Socialbakers

We Know Cats & Kids Work, But…

Page 12: Engage Bali 2016: Moses Velasco, Socialbakers

Engagement Drives Impression (Reach)

Impressions (Reach) correlates to engaged users with r=0.83 correlation. One drives the other…People shares and share is engagement that drives reach!

Page 13: Engage Bali 2016: Moses Velasco, Socialbakers

Higher Engagement = Higher Organic Reach

Page 14: Engage Bali 2016: Moses Velasco, Socialbakers

News Feed Algorithm

’The goal of News Feed is to deliver the right content to the right people at the right time so they don’t miss the stories that are important to them. Ideally, we want News Feed to show all the posts people want to see in the order they want to read them.’

The function of the algorithm is to provide interesting content to the user so they stay browsing longer and see more content

Page 15: Engage Bali 2016: Moses Velasco, Socialbakers

Median cost per click

0-1% 1-2% 2-3% 3-4% 4-5% 5-6% 6-7% 7-8% 8-9% 9-10%$0.00

$0.10

$0.20

$0.30

$0.40

$0.50

Post Reach Engagement Rate *

Date range: January 01, 2015 – June 16, 2016Sample: 26,865 Promoted Posts posted by Brand pages. * Amount of people who engaged with the post from the

amount of people who saw the post - doesn't include clicks

Page 16: Engage Bali 2016: Moses Velasco, Socialbakers

Who Has 100% Paid Strategy?

As more people engage with content, it becomes cheaper to boost it.

CPC is 14 x higher with 0-1% engaged users than with 5-6% engaged users.

Sample: 26,865 Promoted Posts posted by Brand pages

Time range: 01 Jan 2015- 16 June 2016

Page 17: Engage Bali 2016: Moses Velasco, Socialbakers

Facebook Relevance Score

Higher Post Engagement

Higher Relevance Score

More Impression Share and Lower

Cost per Engagement

Page 18: Engage Bali 2016: Moses Velasco, Socialbakers

Regardless of which KPI you are chasing: engagement drives reach

increases relevance and lowers CPC

KEY TAKEAWAY

Page 19: Engage Bali 2016: Moses Velasco, Socialbakers

PLACE YOUR BET

Page 20: Engage Bali 2016: Moses Velasco, Socialbakers

Place Your Bet

Page 21: Engage Bali 2016: Moses Velasco, Socialbakers

Place Your Bet

Page 22: Engage Bali 2016: Moses Velasco, Socialbakers

Place Your Bet

Page 23: Engage Bali 2016: Moses Velasco, Socialbakers

Let’s Talk Relevance

The scope of the number is not to tell you how GOOD your picture or copy is. The main goal is to make you understand if your contents’ demographic target is considering your content relevant and thus engaging with it

Page 24: Engage Bali 2016: Moses Velasco, Socialbakers

Relevance

A synthesis of many metrics; Engagement, CTR, Negative Feedback, Clicks, Conversions…

FB prefers to display ads that are relevant to the audience. If your ads are not relevant, it becomes very expensive to advertise.

Relevance Score Ad Costs

Page 25: Engage Bali 2016: Moses Velasco, Socialbakers

Relevance Calculation

Negative Signals

Campaign Objective

CTR

Likes & CommentsRELEVANCE

Page 26: Engage Bali 2016: Moses Velasco, Socialbakers

Reach, Frequency, Impact

• Reach is a measure of the percentage of people in the target market who are exposed to the content campaign during a given period of time

• Frequency is a measure of how many times the average person in the target market is exposed to the message

• Impact is the qualitative value of a message exposure through a given medium – Social

Page 27: Engage Bali 2016: Moses Velasco, Socialbakers

Quality Content Matters – Timing is Everything

Page 28: Engage Bali 2016: Moses Velasco, Socialbakers

The Right Frequency for Content Objectives

Frequency 2 times/ week drives best Ad Recall and Purchase IntentFrequency <> 2 times/ week drives Awareness

Page 29: Engage Bali 2016: Moses Velasco, Socialbakers

So What’s the Impact?

Communicating the value of social back into the organization- Easy? Tie results to business objectives

Increase in web traffic Conversions from web traffic Optimization across ad spend Reduction in negative feedback Improved relevance score

Ensure your solutions easily support the value you create!

Page 30: Engage Bali 2016: Moses Velasco, Socialbakers

Relevant, engaging content at the right frequency is the difference

between success and failure

KEY TAKEAWAY