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Social Media & Innovation
November 9, 2016
@evolvelawnow
@StubbsAlderton
#EvolveLawLive
@ShannonRyan
@Allen_Rodriguez
@MichaeleChasin
>>ACTION:
@Lexicata
@DoxlyApp
@one_400
@Foxwordy
@MonicaZent
@nonlinearENT
Wifi
@HeidiHubbeling
@maryjuetten
@traklight
@Haley_Altman
It is not the strongest of the
species that survive, nor the
most intelligent, but the one
most responsive to change.
-Charles Darwin
Find out more at
www.evolvelawnow.com
Upcoming Events
Cloud Cybersecurity
San Diego
November 11, 2016
Member UNconference
NewYork
January 30, 2107
Top Ten Darwin Talks:
Legal Week
New York
January 30, 2017
The Tech Savvy In-House
Counsel
San Francisco
February 28, 2017
ABA TECHSHOW Pitch
Madness
Chicago
March 15, 2017
What is Evolve Law?
Social Media
? No solicitation: “I noticed your post about an accident, you
should call me.”
? No misleading information
? Watch out for UPL, your followers can be anywhere
? Include disclaimers
5Copyright 2016 ONE400
6
L / UpM * (LpD*30) * (Cl/L) * CR * ACV
5,493 / 18 * (.23*30) * (.6 / 5,493) * 0.06 * $3000
305.2 * 6.9 * 0.0001 * 0.06 * $3000 = $37.90
Average Value of a Facebook like:
$37.90
Total Likes (L) = 5,493
Unlikes per Month (UpM) = 18
Average Clicks (Cl) = .6
Website Conversion Rate (CR) = 0.06
Average Conversion Value (ACV) = $3000
Likes per Day (LpD) = .23
What is the value of a FB like?
Copyright 2016 ONE400
7
What is the ROI for social media?
Copyright 2016 ONE400
8
Important takeaways for using social
media to build your firm or startup
? Use the appropriate
channels for your
audience
? Use original content more
than not
? It’s okay to show some
personality
? Engage with others
? Measure your ROI
Copyright 2016 ONE400

More Related Content

Social Media and Innovation

  • 1. Social Media & Innovation November 9, 2016 @evolvelawnow @StubbsAlderton #EvolveLawLive @ShannonRyan @Allen_Rodriguez @MichaeleChasin >>ACTION: @Lexicata @DoxlyApp @one_400 @Foxwordy @MonicaZent @nonlinearENT Wifi @HeidiHubbeling @maryjuetten @traklight @Haley_Altman
  • 2. It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change. -Charles Darwin
  • 3. Find out more at www.evolvelawnow.com Upcoming Events Cloud Cybersecurity San Diego November 11, 2016 Member UNconference NewYork January 30, 2107 Top Ten Darwin Talks: Legal Week New York January 30, 2017 The Tech Savvy In-House Counsel San Francisco February 28, 2017 ABA TECHSHOW Pitch Madness Chicago March 15, 2017
  • 5. Social Media ? No solicitation: “I noticed your post about an accident, you should call me.” ? No misleading information ? Watch out for UPL, your followers can be anywhere ? Include disclaimers 5Copyright 2016 ONE400
  • 6. 6 L / UpM * (LpD*30) * (Cl/L) * CR * ACV 5,493 / 18 * (.23*30) * (.6 / 5,493) * 0.06 * $3000 305.2 * 6.9 * 0.0001 * 0.06 * $3000 = $37.90 Average Value of a Facebook like: $37.90 Total Likes (L) = 5,493 Unlikes per Month (UpM) = 18 Average Clicks (Cl) = .6 Website Conversion Rate (CR) = 0.06 Average Conversion Value (ACV) = $3000 Likes per Day (LpD) = .23 What is the value of a FB like? Copyright 2016 ONE400
  • 7. 7 What is the ROI for social media? Copyright 2016 ONE400
  • 8. 8 Important takeaways for using social media to build your firm or startup ? Use the appropriate channels for your audience ? Use original content more than not ? It’s okay to show some personality ? Engage with others ? Measure your ROI Copyright 2016 ONE400

Editor's Notes