Author Archives: George Nagy
May 28, 2010
Four Metrics for Determining the Value of a Facebook Fan
How much is a Facebook fan worth?
There has been a lot of discussion about this topic lately, among brands and marketers alike, that are struggling to quantify the value of social marketing efforts. Here in Albany, a local car dealership has been advertizing a $50 incentive to become their fan on Facebook. Another company has come up with a formula that they consider to be a scientific method of putting a dollar value on a fan, while other marketers rebut this formula as inaccurate.
So, who is right?
Posted in Measure and Refine, Social Marketing
Tagged authority, brand advocacy, consumer motivation, engagement, general KPIs, influence, loyalty, marketing impact, metrics, reach, real value of Facebook fans, social marketing, social media as a marketing tool, social media optimization strategies, strategic social marketing, value of social connections, value of social marketing
April 5, 2010
Putting Conversation at the Core
We are conversation-centric in theory… and in practice. We’re using social media to put collaboration and conversation at the core of our business. Are you?