Question: Social media is an online medium where users submit comments, photos, and videos often accompanied by a feedback process, to identify popular topics. These channels
Social media is an online medium where users submit comments, photos, and videosoften accompanied by a feedback process, to identify "popular" topics. These channels provide marketers an opportunity to reach both large and niche audiences, increase access with minimal expense, quickly deliver relevant information, and allow message content to be altered almost instantaneously.
Social media represents a unique blending of technology and social interaction to create personal value for users of these platforms. This new, growing medium represents a challenging online environment that businesses can use to make meaningful connections with customers. But in order to be effective, organizations must use the availability of analytics and performance information to keep customers engaged. Take, for instance, the student organizations Green Team and Young Explorers. As they both try to learn about students' interests through page views, click paths, and conversation rates, the data the clubs are collecting needs to be analyzed so they can create tactics that generate value for potential club members such as Gabby. While Green Team is very savvy in its social media techniques, it is not as successful as the Young Explorers. Instead of focusing on the channels used, Young Explorers uses collected data to create a campaign that engages, connects, and keeps potential members clicking.
Click the button to watch the video. Then, answer the questions that follow.
If Green Team wants to understand the costs associated with simply building awareness within the student body, which of the following metrics would it use?
Multiple Choice
cost per click CPC
visitor frequency rate VFR
average engagement cost AEC
cost per thousand CPM
cost per action CPA
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