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The biggest problem with social media marketing is that it’s hard to measure your results. You throw everything you have at Twitter and Facebook and mostly you just hope to see an upswing in traffic.
To alleviate this problem, ShareThis, the social media sharing widget, is adding an analytic component that will not only measure sharing but will also monitor the Social Reach. Social Reach looks not only at the outbound sharing but it follows through to see if the person who gets the link clicks on it, thus completing the circle of [blog] life.
According to ShareThis’ website, the new analytics will also deliver numbers related to the type of audience that is sharing your links and it will compare your blog to others in the category to see if you’re doing better or worse than your competition.
To show the impact of their new tool, ShareThis has provided an infograph made from information collected across the 850,000 publishers in their system.
What’s interesting to note here is that Twitter isn’t very effective when it comes to social reach. Only 8% of people are clicking on what they’re sent, while the return on both email and Facebook are nearly equal. Many people have been warning marketers not to give up on email and this graphic shows why.
The information I’m interested in seeing is how these numbers change when you drill down into the various categories. Do entertainment tweets get clicked on more often than business tweets, for example? These are the numbers you need to have in order to make the most of your social media marketing campaign.
Right now, ShareThis is beta testing the new reports so not everyone has them. If you’re on WordPress, though, you should go in an upgrade your ShareThis widget. They have clean, new buttons that are a huge improvement over the old design.
ShareThis says they expect to fully roll out the new reports within the next few weeks.
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Josh Braaten Says:
August 26th, 2010 at 9:45 pm
Does anyone still use ShareThis? I know a lot of people implement them but really, do actual visitors interact with them? I’d be interested to see what people think.
P.S. I know it’s been a little while, but why’d you get rid of CommentLuv? Sniffle.
Cynthia Reply:
August 27th, 2010 at 3:20 pm
I had abandoned Sharethis in favor of Sexy Bookmarks because it was cleaner and more pronounced the ends of posts. As a web commenter, I do use these kinds of share buttons on occasion. Mostly for retweeting a page, can’t remember the last time I used it for email or Facebook. Guess I’m in the minority there.
iPod Fan Says:
August 27th, 2010 at 5:50 am
defiantly going to implement an email newsletter sign up now… lol
Mixx Buzzers Says:
August 27th, 2010 at 6:58 am
This is cool. It will be easier to view the statistics of the social media buttons.
Reel Corner Says:
August 27th, 2010 at 11:08 am
This new feature of ShareThis is so cool and helpful.
Showbiz Galore Says:
August 27th, 2010 at 12:29 pm
I’m looking forward for the successful beta testing for this new feature.
Ray Fitzgerald Says:
August 28th, 2010 at 11:44 am
Excellent write. Thanks for “sharing.”