Identify your social media goals
Having a clear direction or end goal to your social media plan is key to determining your strategy and how you measure your return on investment (ROI). To set this up, you need to understand your company’s overall business goals, as well as their marketing / PR objectives. Ideally, a social media plan plays a part in achieving your company’s overall business goals (eg. increasing ticket sales, generating online transactions on an e-commerce website, or breaking into a new market).
Create a content calendar
Keeping your social media accounts active with relevant and quality content is key to being noticed in densely populated platforms. More than 60 million businesses worldwide now have a Facebook page, and each and every one of them are aiming to grow their following. A social media content calendar is an easy way to organize your content strategy and ensure that your company is publishing new (and relevant) ideas regularly.
To judge how well your social strategy is working, monitor the activity around your accounts and listen to how audiences are engaging with you. Firstly though, make sure you know what you know what you want to listen for. There are approximately 6,000 tweets sent in the twitter world every second, so understanding the language around an issue will make it quicker and easier to find the relevant ones.
Using social media listening tools helps you understand what is being said about your business, your brand, and popular topics within your industry. You can even listen in on what your competitors are saying, how they are engaging with their followers, who their followers are, and how their followers are responding to their content.
Now that you’re listening and monitoring your conversations, don’t forget the most important part of social media — engagement. Social media is a powerful communications tool and has revolutionized the way business and brands reach their customers / stakeholders. Engaging with your followers or audience goes towards boosting your brand and reputation in the social sphere.
Analytics and Reporting
Arguably, the most important part of any social media plan is the analytics and reporting. The only way to show value in your social media plan is to demonstrate ROI. For example, if your social media goal is to drive traffic to your website, keep track of these numbers using Google Analytics. Try your best to track absolutely everything based on what your ROI would look like. Report on what social users like and don’t like. Generating reports periodically will help you evaluate your social strategy on an ongoing basis, and guide you to tweaking it so you can achieve your social goals.