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Social Media ROI – A Quick Test

I wouldn’t even begin to call this “scientific” in my approach, but I have some fascinating results of a quick test I did that I’d love to share with you. These numbers are almost exactly 24 hours into the run.

Same message – same link – sent to 4 different groups. The goal was to get an opt-in for a free video. Here are the groups:

1 – My Facebook Fan Page

2 – My Twitter Followers

3 – A Generic Email List Mailing

4 – A Targetted Email List Mialing

How did they perform?

Facebook – 6.91% of total reach | 9.65% of total clicks | 15.25% of total optins

Twitter – 50.24% of total reach | 25.40% of total clicks | 3.39% of total optins.

Generic Emailing – 21.75% of total reach | 30.55% of total clicks | 44.07% of total optins

Focussed Emailing – 21.10% of total reach | 34.41% of total clicks | 37.29% of total optins

Obviously, from this we can see that 42.85% of the total reach (in email) gathered 81.36% of the optins – the final goal. Email is nowhere near dead and I still loves me my list.

However, here is the most fascinating fact to me: best click to optin ratio was Facebook by far. Facebook got 30%. One list, 27% and the other 21%. Twitter – as is hardly a surprise to me – was 3%.

Again, this was simple test will all sort of implications. It is by no means scientific but fascinating none the less. I’m gonna keep building my email list, but with the results I’m seeing from Facebook, I need to continue to be very serious about how I take on that beast.

I’d love your thoughts …

Photo from Brian Solis

Hard Realities About Social Profit Formulas And Online Marketing

Ready for some hard realities?

In prepping for the live Podcast Secrets presentation tonight (the topic – OffCasting – getting people off of you content and into your marketing funnel), I realized I had some killer numbers of what’s happening/working RIGHT NOW to share with my students because of my Social Profit Formula (AFF) campaigning that I wrote about earlier on this Blog and at PaulRecommends.com.

I thought I’d share them with you as well.

The metric I’m currently tracking is clicks to opt-ins (i.e., what percentage of people who click over to Don’s campaigns opt-in for more information). As the course hasn’t gone on sale yet, this is the only thing I can track at this point (if you’d like to know the final results of clicks to buys, because, yes, I’m tracking those as well, comment below accordingly).

  • Social Media Links Conversion – 7.6%. That’s right, it takes more than 100 clicks from social media to get 8 people to opt-in.
  • Website Links Conversion – 25.8%. I get 25 opt-ins for those 100 clicks at the previous blog post. That’s more than 3 times the results.
  • Email Newsletter Links Conversion – 29.3%. In my weekly “Heads Up Tuesday” email I mentioned Don’s program as a link worth clicking (there were 5 other links in the newsletter). Did almost 4% better on that random mailing than on the Web clicks.
  • Direct Email Links Conversion – 39.3%. The direct email piece on Don’s product saw nearly 40 optins per 100 clicks – around 5 times the rate of the social media clicks.

The numbers should speak for themselves but a little examination is in order. Yes, this is the only thing I’m tracking and the final results might surprise me still but plane and simple, if I want to see action, I want to send emails.

So what does this mean to Don’s Social Profit Formula and social media marketing in general? Well, I certainly hope you take 2 things from it 1) Social Media doesn’t replace anything well – the results are terrible for marketers when compared to other models and 2) what you need more than the latest version is Tweetdeck or the perfect iPad Twitter client is a model for how to use Social Media to bring people into the fold that does, in fact, work better.

Truth be told, a good amount of my list comes from social media efforts. I introduce myself in Twitter, Facebook, and the rest and when we are ready to take our relationship to the next level – I ask for an email address. It works wonders for both of us.

But regardless of what you strategy is – and who you pick to be your guru, have a strategy that works and can be backed up with real numbers. The real money is in folding Social Media into what you’re already doing.

Thoughts?