Social media camp long island + realtime social media roi tracking 6-25-2010

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Marshall Sponder Webmetricsguru.com Presented at the ReadWriteWeb Social Media Camp Long Island June, 25, 2010 Real Time Social Monitoring + ROI for Business
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Transcript of Social media camp long island + realtime social media roi tracking 6-25-2010

Page 1: Social media camp long island + realtime social media roi tracking  6-25-2010

Marshall SponderWebmetricsguru.com

Presented at the ReadWriteWeb

Social Media Camp Long Island

June, 25, 2010

Real Time Social Monitoring + ROI for

Business

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Do you use Twitter, FourSquare or other mobile and geo-local platforms often?

How much do you know about geo-location based services? How often do you use location based services (LBS)?

If you run a business do you know the value of your guests, customers or clients?

Do you have processes in place to communicate with your guests, customers and clients?

Questions about Geo-location & ROI – Audience Questions and some Answers to …..

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Havana Central is a 3 unit restaurant co. serving

Latin Food in Manhattan

What is the value of a customer?= Value of a reservation through Opentable is between $186.00 -

$200.00 with a average 3.6 people per reservation (rounded off to 4 people).

= $51.66 per person for a meal at Havana CentralWe estimate between 60 – 100 unique people tweet or check into a

Havana Central location each month

For every person who tweets or checks in – there are two or three others joining them who have not checked in.

Total value of Social Media currently at = 50.66 x 3 x 100= $15,498.00 per month or $185, 976.00 per year.

Latest Project & a Case Study – Havana Central

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Real Time Web Monitoring of 5 Times Square Restaurants

See http://www.webmetricsguru.com/archives/2010/05/geo-local-social-media-monitoring-and-missed-opportunties-of-social-media/

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Twitter Handles tweeting about Havana Central over the last year

Geo-local traffic that recently wasat is eating at Havana Central or plansTo eat there soon

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Proof is in the pudding ..

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How this works

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http://www.webmetricsguru.com/@[email protected] Sponder

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