The “4 P’s of Marketing” – Part 6

by Katie Morse

aka: the conclusion.

To be honest, I’ve been thinking about this post for awhile.  If you haven’t read the series, you can find them linked below:

Part 1 – Introduction

Part 2 – Product

Interlude – Back to Reality

Part 3 -Price

Part 4 -Place

Part 5 – Promotion

We’ve arrived at Part 6 – The Conclusion.

Throughout the series, I posed a number of questions to (hopefully) start some thought around how you can, or want to, market yourself.

The best advice I can offer as a marketer is to actually go out there and execute – go and DO this stuff you want to do! BUT, and this is a huge but, do it with a purpose, and measure it.

The “hot topic” for most of 2009 at any social media conference was “How do I measure this?”. I can’t say that there is a “one size fits all” standard to measuring your success, but there are some things you can do to start to get a grasp on the effect “this stuff” has.

I’ve provided my own list below, and included a few more links of people far more knowledgeable than myself to give you a head start.

Basic Ways To Measure Social Media Impact for Musicians

  • Website visits
  • Number of Twitter followers
  • Number of Facebook fans
  • @ replies on Twitter
  • DM’s on Twitter
  • Downloads of music/CD’s
  • Blog comments
  • Tickets sold to a show
  • Email newsletter sign-ups
  • Email newsletter forwards
  • YouTube views
  • Asset trends (download trends, YouTube video trends, website trends)
  • Likes
  • Comments on Facebook Fan page
  • ReTweets (RT’s)
  • Blogger coverage
  • Interviews
  • Contest submissions/entries

This is is not exhaustive by any means, and David Berkowitz recently compiled a much lengthier list for MediaPost – you can find it here. Another list is here.

In addition, if you’re wondering what’s up with Social Media ROI, check out Olivier Blanchard’s stellar presentation below.

Did I miss anything off the list? Still have questions to ask? Bone to pick? Leave it in the comments!

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