Social Media Measurement

A leading manufacturer of safety razors wanted to know whether one of its social media advertising campaigns generated a positive return and encouraged incremental consumption.

 

IRI determined that the social campaign delivered a 7.5 percent sales lift, a 6 percent increase in refills, and that 79.7 percent of new customers were sourced from key competitors.

THE CHALLENGE

Attributing sales to online advertising can be difficult due to a number of factors. IRI’s broad range of data assets and ability to link them enables an understanding of the isolated effects of social media on sales.

 
The client selected a specific product to feature in a specialized advocacy program – an advertising campaign fueled by real consumers recommending the purchase of a specific product.

In partnership with the client’s social marketing agency, IRI applied a four-step process to execute the campaign:
1. Selected campaign target based on several key factors:
  • Women ages 23 to 28
  • Involvement in social media platforms
  • Regular purchases in the shave category
2. Ensured full campaign engagement through:
  • Exclusivity using invitations and limited time offers
  • Education regarding the product
  • Recognition and reward for the consumer
3. Activated across a multitude of channels including:
  • Social posts
  • Blogs
  • Video reviews
4. Measured sales activity at the market and household level
 
 

To measure the impact, IRI utilized a five-step process to lead the manufacturer through the campaign and gauge the success of the program:

THE RESULT

IRI analysis identified that the advocacy campaign created significant sales lift - 7.5 percent for the product and 6 percent for product refills. The majority of sales (79.7 percent) were sourced from key competitors, the type of behavior the manufacturer desired.

 

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Answer the question below:
Is eight = six ? (true/false)