Medusa

Justify The Investment In Social Networks: ROI or ROA?

<p style&equals;"text-align&colon; justify&semi;">The companies are wondering more about &&num;8220&semi;go or not go on social networks&period;&&num;8221&semi; The question they ask is &&num;8220&semi;how I start on these new platforms effectively&quest;&&num;8221&semi; And very quickly&comma; the concept of return on investment appears&period; However&comma; with social networks&comma; should we talk about ROI or ROA&quest;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">More than 900 million Facebook pages&comma; Instagram purchased for &dollar; 1 billion&comma; the launch of Google&plus;&comma; LinkedIn acquires slide share&period; The importance of social networks in economic news is growing&comma; and companies are not mistaken&period; If you are interested in purchasing real Instagram followers then visit this website http&colon;&sol;&sol;my-followers&period;com&sol; for great offers&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">While large companies are present in the vast majority of Facebook&comma; LinkedIn&comma; YouTube or Twitter&comma; SMEs are still too few&period; This can be explained by several reasons&period; The first is the lack of time or knowledge to get started on these new platforms&comma; relay real marketing to consumers&period; The second is the internal expertise to support the social orientation of the company &lpar;a community manager&comma; what is and what is it like&quest;&rpar;&period;The third still lies in the question&colon; how it really relates to me&quest;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">I want to talk here of the concept of return on investment for social networks&period; Does A real meaning and can be measured &lpar;only&rpar; as a monetary dimension&quest; I asked myself many times this question&comma; and the answer has never been satisfactory&period; Firstly because the concept of return on investment &lpar;ROI&rpar; is rather vague when it comes to new technologies &lpar;how to actually measure the impact of the creation of a website on the sale of a business&quest; Not so that obvious&rpar;&comma; but also because it seemed incomplete&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><img class&equals;"aligncenter size-full wp-image-8280" alt&equals;"Justify The Investment In Social Networks&colon; ROI or ROA&quest;" src&equals;"https&colon;&sol;&sol;medusamagazine&period;com&sol;wp-content&sol;uploads&sol;2013&sol;10&sol;Justify-The-Investment-In-Social-Networks-ROI-or-ROA&period;jpg" width&equals;"431" height&equals;"307" &sol;><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Then&comma; during a trip with a colleague&comma; we came to agree on the concept of ROA&period; What does the ROA&quest; The &OpenCurlyDoubleQuote;return on attention”&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><b>How to Measure the ROA&quest;<&sol;b><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">ROA therefore measures the impact of your business &lpar;or your brand&rpar; on the web&comma; how&quest; What relay attention you touch&quest; If you use Twitter&comma; ROA could be measured by the number of retweets you generate and the number of followers of those you retweet&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><b>ROA &equals; Time &lpar;Impressions &plus; Reach &plus; Influence&rpar;<&sol;b><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">That this definition brings is the concept of time&period; We must understand that social media &lpar;like any new technology for that matter&rpar; will &lpar;probably&rpar; influence the purchase&comma; but not in a short time&period; Moreover&comma; they can&comma; 6 months&comma; 1 year or 3 years later continue to influence the purchase of our brand &lpar;think videos on Youtube&rpar;&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><b>ROA&colon; Diversion of the Question&quest;<&sol;b><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Finally&comma; why talk about ROA rather than ROI&comma; or another element of measurement&quest; Is it to get a more accurate way of determining how much a &&num;8220&semi;social&&num;8221&semi; action can bring to the business&quest; Or is it rather to put aside all monetary issues often related to technology investments&quest; My opinion is that companies want to know the impact of their &&num;8220&semi;social&&num;8221&semi; strategy&comma; but dare not &lpar;and cannot&rpar; encrypt all of their actions&period; In fact&comma; the ROI becomes too complex and often incomplete measure of their strategy&period; ROA shows a new way of integrating the control of expenditure control and the desire to measure the digital strategy &&num;8230&semi; is it more relevant&quest; Maybe&excl; Your turn&&num;8230&semi; rather partisan ROI&comma; ROA&comma; a mix of both&comma; or other measures&quest; And finally&comma; do we really measure our social presence&quest;<&sol;p>&NewLine;

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