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Social Media ROI Measurement Presented to the SOME Tourism Symposium by Destination Analysts, Inc. Baton Rouge Case Study.

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Presentation on theme: "Social Media ROI Measurement Presented to the SOME Tourism Symposium by Destination Analysts, Inc. Baton Rouge Case Study."— Presentation transcript:

1 Social Media ROI Measurement Presented to the SOME Tourism Symposium by Destination Analysts, Inc. Baton Rouge Case Study

2 What is Return on Investment? What is Return on Investment? Direct visitor spending in a destination directly resulting from the DMO’s marketing campaign. A Destination’s Perspective

3 Estimating DMO Website ROI Intercept Survey Time to travel passes Follow-up Survey Place of residence Type of website user Point in travel planning cycle Expected date of arrival Opt-in for follow-up survey

4 Estimating DMO Website ROI Intercept Survey Time to travel passes Follow-up Survey Place of residence Type of website user Point in travel planning cycle Expected date of arrival Opt-in for follow-up survey

5 Estimating DMO Website ROI Intercept Survey Time to travel passes Follow-up Survey Visitation to destination? Website influence on: o Decision to visit o Length of stay Spending Length of stay Place of residence Type of website user Point in travel planning cycle Expected date of arrival Opt-in for follow-up survey

6 Estimating DMO Website ROI Intercept Survey Time to travel passes Follow-up Survey Visitation to destination? Website influence on: o Decision to visit o Length of stay Spending Length of stay Place of residence Type of website user Point in travel planning cycle Expected date of arrival Opt-in for follow-up survey Data appended

7 Incremental trips generated (per 1,000 unique website visitors) 34 Spending generated per incremental trip $612 Total visitor spending on incremental trips (per 1,000 unique)$21,573 Days spent in market on extended trips (per 1,000 unique) 35 Total spending on extended trips (per 1,000 unique) $6,605 Total ROI (per 1,000 unique )$28,178 Total ROI (per unique website visitor) $28 Results (Average)

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10 Defined audience (followers or fans) Electronic communication tool Messages pushed outward Social Media is More Like E-mail

11 Social Media Survey Invitations Facebook Several posts on DMO wall Private messages Incentives to take survey 425 completed surveys Twitter Regular tweets about survey Private message/ad campaign Incentives to take survey 238 completed surveys

12 Determine the value of these trips/days $1.24 million$157,000 Identify Incremental Visits (& Trips Extended) 3,184 trips (404 days)380 trips (0 days) Baton Rouge: Social Media ROI Calculation 21,760 Facebook Fans8,400 Twitter Followers

13 Determine the value of these trips/days $1.24 million$157,000 Identify Incremental Visits (& Trips Extended) 3,184 trips (404 days)380 trips (0 days) Baton Rouge: Social Media ROI Calculation 21,760 Facebook Fans8,400 Twitter Followers

14 Determine the value of these trips/days $1.24 million$157,000 Identify Incremental Visits (& Trips Extended) 3,184 trips (404 days)380 trips (0 days) Baton Rouge: Social Media ROI Calculation 21,760 Facebook Fans8,400 Twitter Followers

15 Incremental trips generated (per 1,000 unique) 34 146 45 Total visitor spending on incremental trips (per 1,000 unique)$21,573 $54,486 $18,560 Days spent in market on extended trips (per 1,000 unique) 35 14 0 Total ROI (per unique website visitor/fan/follower) $28 $57 $19 Results (Website vs. Social Media) Website AverageFacebookTwitter

16 How Often Do They Read Posts? Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc.

17 How Interesting are BR’s Posts? Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc.

18 How Often Do They Want BR to Post Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc. FACEBOOK USERS

19 How Often Do They Want BR to Post Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc. FACEBOOK USERS TWITTER USERS

20 What Information Do They Want? Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc.

21 Why Do They Use FB/Twitter? Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc. FACEBOOK USERS

22 Why Do They Use FB/Twitter? Source: Baton Rouge Facebook and Twitter Surveys, October 2011, Destination Analysts, Inc. FACEBOOK USERS TWITTER USERS

23 Demographics Facebook Under 35 31.3% College grads50.6% Affluent 30.6% Employed 73.6% Has children 31.8% Twitter Under 35 65.5% College grads 72.7% Affluent 34.8% Employed 86.9% Has children 28.1%

24 National Perspective Percent of American travelers who where inspired to visit a destination based on content received through Facebook: 14.3% – Trip(s) inspired by content posted by an organization/business on FB: 31.3% Percent of American travelers following a CVB on Facebook: 15.3% Percent of American Travelers following a State Tourism Office: 8.3%

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