Depending on the business needs they may focus on Flickr, e-newsletters, blogs, SlideShare and other social media platforms.
It may not be wise to look for returns in this stage because this works more like an introduction to social media, where consumers get the feel of the brand.
Stage 2: Management:
During this stage, roughly 60% of a company’s efforts are focused on the big four (Facebook, Twitter, LinkedIn , YouTube and additional blogs, or newsletters, if present)
About 10% of the focus is on creative and offer development, 20% on tracking quantitative metrics such as traffic, inbound links, Facebook “Likes,” etc., and about 10% on qualitative metrics such as brand sentiment, survey results and customer polls.
The corporate objective at this stage is to engage prospects and customers in some way that gets them to connect with the brand.
Ideally, this would mean buying something, but it can also mean downloading a white paper, liking a Facebook Page, responding to a survey, or any other measurable evidence that they’re connecting with your brand. This can be looked as a return on investment at this stage .
Stage 3: Optimization:
About 25% of the focus at this stage is on the “big four plus more,” and about 30% is evenly split among creative and offer development, quantitative metrics and qualitative metrics.
Another 25% of a company’s focus is on improving conversion and optimization of campaigns.
This is the stage where companies analyse the customer life time values and actually start comparing it to the acquisition cost.
Therefore, in every stage of your social media presence, it is possible to calculate returns, but these returns may not necessarily be quantitative. In the launch stage it is all about giving a feel of your brand, setting a tone of voice while in later stage it is important to indulge in customer acquisition and running campaigns.