We are honored to be spotlighted by the National LGBT Chamber of Commerce (NGLCC) – and we’re proud to have achieved LGBT Business Enterprise certification.

“Certification as an LGBT Business Enterprise represents a big step in any business’s journey toward greater authenticity. We are proud to be aligned with others who also recognize this step as creating more opportunities to work toward equity with compassion and excellence,” explains Janice Mondoker, Partner.

Many thanks to the New Jersey Pride Chamber of Commerce (NJPCC) for featuring Stone’s Throw in a Member Spotlight. We’re lucky to be a part of the Chamber and celebrate its good works supporting equity and inclusion.

With any planning, we are taught by our own efforts during the process of articulating goals, selecting paths toward fulfilling those goals, and determining how to measure our progress. Planning uncovers obstacles and opportunities. Planning teaches. Because it’s ongoing and subject to strategy shifts and market influences, it will always require navigational tweaks (and sometimes even U-turns).

Set general goals for your social media activity.

• Increase website traffic.
• Grow an audience.
• Increase engagement.
• Build brand awareness.
• Generate leads.

Set goals specific to your organization.

• Increase contact us form submissions.
• Increase whitepaper downloads.
• Attract your target audience to a special event.
• Increase registrants for a seminar or conference.
• Garner more donations.
• Attract more qualified applicants.
• Earn new business.
• Grow email list.
• Leverage as a real-time channel for improving customer service.
• Increase video viewership.

For each goal, use the SMART framework – Specific, Measurable, Achievable, Realistic, Timely – or another goal-setting framework to help determine, record, and track expectations and achievement in a document or a preferred software program.

What does success look like?

For each goal, identify the key performance indicators (KPIs) and metrics (measurements) that will help show when that goal is reached.

General goal examples:

For a goal of growing social media audience, we would look to metrics that include:

• Follower count
• Impressions
• Post reach

For a goal of increasing website traffic, we would look to metrics that demonstrate conversion, like:

• Website analytics for social media referrals
•  Link clicks from social media post to website and/or blog

Look for correlations; ask questions.

In the two examples above, we would watch the numbers associated with each metric and their relationship to each post on social media.

• Do those numbers show more people have seen the post? Engaged positively or negatively with a particular post?
• Was that a positive performance based on our goals?
• Should we increase or decrease a certain type of post? At a certain time?

Watching the metrics assigned to these general goals tells us a lot. But increasing this kind of performance may not get customers, partners, or applicants close enough to the organization to begin the kind of conversation that leads to doing more of what your organization is built to do.

Specific goal example:

A goal of attracting more qualified applicants is an example of a social media goal designed to bring a segment of your audience closer to you, so close that you would be engaged in a transaction that supports your organization’s purpose. The metrics to measure the effectiveness of social media activity around this goal may include:

• Determining the criteria for qualified submissions
• Tracking the number of qualified applicants received daily and overlaying that with the timing of social media posts encouraging submission
• Tracking website analytics, click-throughs/referrals, post link clicks, and post-engagement metrics

We have to go outside the metrics provided by social media platforms or social media management software to understand the full story.

Beyond metrics: Listening for voice-of-consumer (VoC) data

• Social media metrics can help bolster decisions that have been made based on more traditional methods of collecting feedback from your audiences
  • surveys
  • feedback forms
  • roundtable discussions
  • interviews
  • process-related comments
  • content-related comments
• Be wary of relying solely on social media metrics to change course in business or communications strategy
  • does social media capture all of your optimal audience?
  • does your optimal audience use social media exclusively for its news and communications?
• Use social media to listen and learn beyond your own posts’ metrics
  • audit social media posts for topics relevant to your organization’s offering
  • audit your industry’s thought-leaders for their hot topics
• Despite its popularity, social media may not reach all of your market

What are you learning from your social media efforts?

Common social media terms simplified

New to social media?

Considering advertising on social media?

Most social media platforms and social media management tools provide some recommendations for the kinds of metrics (measurements) we should be tracking. There’s a lot of information available. Much of it is very helpful for influencers who attract advertisers and sponsors based on the number of followers and interactions they have on their social media accounts. For those of us who work business to business or organization to organization, we have to temper that information with more meaningful questions.

We may not find ready answers to these relevant questions by looking at the numbers provided by social media platforms and social media management tools:

• How can we look at social media metrics and understand how they translate into advancing our professional relationships or earning more business?

• Does engagement with a follower on Facebook convert to the submission of an application for employment, a consultancy project, or a contribution from a donor?

• What should we measure to give us a better idea of the success of our social media campaigns?

• How do we define social media success when it comes to our overall communications or marketing strategy?

Why measure?

Two words: budget and accountability. For some, social media can become a time eater. For some who pay to boost posts or advertise on social media, that time eater can also eat cash. There’s no “set it and forget it”.

We’re looking for correlations.

All social media platforms (Facebook, Twitter, Instagram, LinkedIn, etc.) provide basic analytics  for your organization’s social media pages’ performance, including measurements for post engagement, impressions, and click-throughs. Most provide those analytics through a dynamic administrator dashboard accessible by those who have been expressly authorized by the owner of that social media page.

Most subscription-based social media management tools, like Hootsuite, consolidate and overlay your social media activity across several platforms and individual social media profiles into one dashboard. Additionally, they suggest optimal future posting times based on computer-analyzed past performances of posts. By offering a consolidated picture of posts and post performance, management tools aim to foster efficiencies in scheduling and reporting. As social media features continue to evolve, social media management tools continue to expand their service offerings to remain useful.

For those of us not engaged in retail transactions, we must find the correlation between social media performance, other communications initiatives (advertising, direct mail, etc.) and our ultimate growth (transactional) goals (securing contracts, forming partnerships, increasing application submissions, etc.) to understand the effectiveness of our activity. To do that, we must also work outside social media management tools for the most meaningful analytics.

Common social media terms simplified 

New to social media?

Considering advertising on social media?

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