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Marketing Trends
A 2015 survey and report on social media marketing practices and software usage
By Megan Headley
Research Director, TrustRadius
2015 TrustRadius. All rights reserved. This publication has been licensed by Simply Measured. Reproduction or sharing of this publication in any form without
prior written permission is strictly prohibited.
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Table of Contents
Executive Summary..................................................................................................................................3
The Struggle to Demonstrate the Value of Social.................................................................................5
Measuring ROI is the #1 challenge........................................................................................................................................ 5
Communicating value is also a key challenge...................................................................................................................... 8
Companies focus on readily available vanity metrics......................................................................................................... 8
Companies have a hard time dedicating enough resources to social.............................................................................11
2015 TrustRadius. All rights reserved. This publication has been licensed by Simply Measured. Reproduction or sharing of this publication in any form without TrustRadius prior
written permission is strictly prohibited. For information on reprints, please contact licensing@trustradius.com. TrustRadius is a trademark of T-Radius Holdings, Inc. All other
trademarks are the property of their respective owners. The information contained in this publication has been obtained from sources believed to be reliable. TrustRadius disclaims
all warranties as to the accuracy, completeness or adequacy of such information and shall have no liability for errors, omissions or inadequacies in such information. This publication
consists of the opinions of TrustRadius research organization and should not be construed as statements of fact. The opinions expressed herein are subject to change without notice.
Executive Summary
Megan Headley, Research Director, TrustRadius
Social media is one of the newest and fastest changing elements of business. As we
noted in our Buyers Guide to Enterprise Social Media Management Software,
companies are slowly shifting their approach to social media, from an isolated
marketing channel to an integrated part of the business. As companies increase their
sophistication from a minimally viable social media presence to an integrated,
strategic approach to leveraging social media across the organization, a few things
tend to happen.
First, responsibility shifts from less than one FTE (typically in the marketing or communications department)
to a small, dedicated team within one department to a team servicing multiple departments to a holistic
approach, where many individuals in the company participate. Second, organizations start to leverage social
media in multiple ways, from reputation management to customer service to finding advocates to market
research. Finally, companies engage the help of more sophisticated technology to manage, measure, and
analyze social media activities.
This shift has been underway for a few years, so Simply Measured, a social analytics solution, commissioned
TrustRadius to survey the state of social media marketing today. Specifically, where do companies sit on the
social media maturity spectrum? What are their main goals, and what are the biggest challenges they face?
Do they have access to and are they using the right metrics to understand whether they are meeting those
goals? Are they satisfied with the technology they use to support their social media activities?
Nearly 600 social media practitioners from consultants to CMOs to community managers took our survey
in February/March 2015, responding to questions about the status, goals, and challenges of their social media
programs. These are our main findings:
1. Demonstrating the value of social programs is the number one challenge.
Companies of all sizes and maturity levels are struggling to prove the value of their social programs.
Social media activities can be difficult to quantify, and marketers are trapped between readily
available vanity metrics such as likes and followers and difficult-to-measure objectives such as
brand awareness.
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2. Social media is largely not yet integrated into the overall business.
Social media goals are not wholly aligned with overall business goals. Furthermore, while marketers
largely feel they effectively leverage social media data and analytics to optimize their marketing
strategies, they dont feel social media data impacts their companys overall business strategy.
3. Companies dont have the right set of tools to manage and measure social media activities.
Marketers are using multiple sources of data and multiple technology products to manage and
measure social media activities. Though they largely trust the data they get, they still arent able to
interpret the data to show value, and many arent satisfied with their set of tools.
Many of these findings are true regardless of company size (from small businesses to large enterprise) and
regardless of where companies fit on the social media maturity spectrum. All of these findings represent
a prime opportunity for social media software vendors to (a) educate their customers on building a social
media strategy that is realistic, measurable, and supportive of overall business goals, and (b) help their
customers take the leap from collecting data to surfacing insights. Once marketers are better equipped to
define and demonstrate the value of social media to the business, other common challenges, like garnering
enough internal resources, will be diminished.
The rest of this report explores these findings in greater detail and provides key survey results.
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Measuring ROI
Tying social activities
to business outcomes
50%
Developing our
social media strategy
48%
Securing enough
internal resources
40%
Tracking results in
a centralized dashboard
32%
27%
Integrating various
social tools
20%
Monitoring our
competition
16%
Other
7%
0%
10%
20%
30%
40%
50%
60%
70%
TM
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The main challenges vary little among companies of different sizes. When segmenting responses by small
businesses (1-50 employees), mid-size companies (51-1,000 employees), and enterprises (more than 1,000
employees), measuring ROI and tying social activities to business outcomes are significant challenges across all
segments. However, developing a social media strategy is a more common challenge among small businesses
than enterprises, and securing enough internal resources is a more common problem in larger companies.
Mid-size
Enterprise
Measuring ROI
0%
10%
20%
30%
40%
50%
60%
70%
TM
The challenges also vary slightly depending on a companys self-classified maturity level1. Measuring ROI is
a more common problem among more socially mature organizations, while developing a strategy is a more
common challenge among less socially mature companies.
Respondents were asked to rate the social media maturity of their company on a scale of 1 to 5, where 1 is early stage and 5 is very mature.
Those who answered 1 or 2 are considered Beginner, those who answered 3 are Intermediate, and 4 or 5 are Advanced.
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Intermediate
Advanced
Measuring ROI
0%
10%
20%
30%
40%
50%
60%
70%
TM
The focus on measuring ROI among larger and more socially mature organizations is interesting. Many
experts feel return on investment might be a mismatched metric to social media. According to MarketingProfs
2012 State of Social Media Marketing report, focusing exclusively on ROI might lead to ineffective social
media strategies: The recent focus on measuring ROI in social media appears to have driven some marketers
to place direct sales at the top of their list of priorities. However, this may require marketers to become overly
aggressive with their messaging in an environment that does not typically welcome a hard sell approach.
Indeed, Altimeters A Framework for Social Analytics report states that ROI is just one metric in the social
business toolkit. Rather than focusing on social media as a monolithic entity, businesses should evaluate it
based on its contribution to a range of business goals.
Tying social activities to business outcomes the second most common challenge among survey respondents
could be a more mature method to evaluate the impact of social on the overall business, and allow
marketers to use social media in the most effective way, rather than forcing it to fit into a specific ROI model
measured directly in sales.
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driving medium.
People dont really feel comfortable putting money into social until they start to
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80%
Audience
(followers, fans, etc.)
61%
56%
Website trafc
32%
Leads
24%
Revenue
Customer satisfaction
(support issues resolved, etc.)
23%
Benchmarking against
competitors (share of
voice, etc.)
Other
19%
4%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
TM
Engagement, audience size, and website traffic are the most common metrics across all company sizes.
However, website traffic is less important among enterprises than SMBs. Conversely, customer satisfaction and
benchmarking against competitors are more commonly listed as important metrics among enterprises. Leads
and revenue are more commonly listed as important metrics among small and mid-size companies. The three
most important metrics dont vary in any meaningful way by social maturity level.
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Mid-size
Enterprise
Engagement
(likes, shares, etc.)
Audience
(followers, fans, etc.)
Website trafc
Customer satisfaction
(support issues resolved, etc.)
Benchmarking against
competitors (share of
voice, etc.)
Leads
Revenue
Other
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
TM
The focus on engagement is understandable though possibly misplaced and has the potential to lead to
ineffective social strategies. According to this Scribd article discussing engagement on Facebook, online
engagement metrics are not always an indication of the persuasiveness or effectiveness of content.
Engagement metrics alone are not an effective indication of campaign success; its also necessary to measure
real business outcomes attributable to social campaigns, such as customer loyalty or sales.
This doesnt mean attempting the hard sell mentioned in the MarketingProfs 2012 State of Social Media
Marketing report, which might be a suboptimal yet easy-to-measure approach to social media; rather, it means
finding ways to understand how interactions with customers on social are having a real business impact.
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In open-ended responses, a few individuals added context to the difficulty in truly understanding the impact
of social media activities:
Tying social media back to sales conversion points in the overall sales funnel
and then to business sales and even repurchase is incredibly difficult. Even with
sophisticated programs and services like Eloqua, DemandGen, SFDC [Salesforce.
com], etc. there is still the difficulty understanding what works and what does
not. At the end of the day social media is just one part of a greater whole that a
customer is exposed to.
Time and knowledge to do the work, develop all the content for inbound marketing.
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Brand awareness
48%
38%
32%
Generate leads
29%
Drive conversions/revenue
28%
22%
Customer service
20%
Reputation management
5%
Competitive research
Other
Market research
4%
3%
0%
10%
20%
30%
40%
50%
60%
70%
80%
TM
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After brand awareness, the three most common goals do vary a bit by company size. Driving website traffic is
less important to enterprises; theyre focused on audience reach and customer service. Small businesses are
interested in generating leads, and mid-size companies are interested in driving customer loyalty.
MID-SIZE COMPANIES
ENTERPRISES
TM
Social media goals will vary by brand, we also face a challenge where goals will
vary by who youre speaking to within the company because brands are hesitant to
set actual goals for social media.
Others commonly mentioned engagement, recruiting, and thought leadership as additional goals.
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Somewhat Agree
Somewhat Disagree
Disagree
Beginner
Intermediate
Advanced
Dedicated social
analytics tool users
All respondents
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
TM
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Somewhat Agree
Somewhat Disagree
Disagree
Beginner
Intermediate
Advanced
Dedicated social
analytics tool users
All respondents
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
TM
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Mid-size
Enterprise
1-2
3-4
5-6
7+
0%
10%
20%
30%
40%
50%
60%
TM
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In terms of measurement, companies are using an average of three different tools to report and analyze
their social media activities. The most commonly used tools are the analytics offered natively in social media
networks (64% of respondents), a social media management tool (62%), a web analytics tool (59%), and
spreadsheets (46%).
65%
62%
59%
46%
22%
A CRM solution
(e.g. Salesforce.com)
15%
A marketing automation
solution (e.g. Marketo)
Nothing
10%
4%
0%
10%
20%
30%
40%
50%
60%
70%
TM
Larger and more socially mature companies tend to use more analytics tools.
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4.0
3.5
3.54
3.0
3.5
3.39
3.0
3.03
2.96
2.5
2.5
2.66
2.47
2.0
2.0
1.5
1.5
1.0
1.0
0.5
0.5
0.0
Small
Mid-size
Enterprise
0.0
Beginner
Intermediate
Advanced
TM
Given multiple sources of data, it is not surprising that 35% of respondents identified Tracking results in a
centralized dashboard as one of their top three challenges.
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Somewhat Agree
Somewhat Disagree
Disagree
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
I understand
my company's social
media audience.
My company is able to
effectively optimize our
social media content.
I am satised with
my company's current
social analytics platform
or set of tools.
TM
Some respondents articulated via open-ended responses the struggle to find the right tool or set of tools for
social media analytics:
I find it difficult when it comes to deciding which tool I can use for analysis.
Need a tool that handles ALL our social networks. Many do 3 out of 4.
Additionally, some respondents brought up issues with social media networks themselves, which make
analysis and optimization challenging.
LinkedIns lack of support in sharing analytics on individual contributors (status
updates and LinkedIn group and company page participation)... its an enormous
hole for the collection and dissemination of metrics.
Social networks change access to data from time to time and this makes it difficult
to continue to develop the value added insights our customers wish to see by using
our products.
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Conclusion
Marketers are interested in leveraging social media as a marketing channel, a source of data and insights,
and potentially an integrated part of the overall business strategy. Their primary challenges include aligning
goals, demonstrating value, and deriving insights from data. This represents a prime opportunity for social
media technology vendors to help companies address these challenges.
About TrustRadius
TrustRadius is the leading site for business software users to share real-world insights through in-depth
reviews and networking. We help users make better product selection, implementation and usage decisions.
To learn more, visitwww.trustradius.com.
About Simply Measured
Simply Measured is the most complete social analytics solution, empowering marketers with unmatched
access to their social data to more clearly define their social strategy and to optimize their tactics for
maximum impact.
To learn more, visit www.simplymeasured.com.
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