Upload
katie-paine
View
492
Download
0
Embed Size (px)
DESCRIPTION
Citation preview
THE MEASUREMENT SPRING:GLOBAL COMMUNICATIONS
MEASUREMENT IN THE SOCIAL ERA
Katie Delahaye PaineCMO
News GroupDubai, UAE
The Measurement Spring:Global Communications Measurement in the Social Era
Katie Delahaye PaineChief Marketing Officer, News GroupIABC International ConferenceJune, 2013
About Us Katie Paine is Chief Marketing Officer of News Group
an international monitoring, measurement & social media company
The company she founded, KDPaine & Partners is now part of Salience Insight, News Group’s Measurement & Insight company
We provide customized research to help you define and measure your success
What’s Different About The Social Era? It’s not about the media, it’s about the
business and the customer It’s not how loud you’re shouting it’s about
relationships. It’s not about Big Data, but about how you
use it There are no boundaries Standards are a reality not an excuse
to hide behind
5
What’s Changed?
Collapse of mass media Growth of media everywhere Intolerance for messaging It’s not about the media, it’s
about your business and your customers
“Viewers are more likely to stop watching commercials at the moment in which brand logos appear on the screen” - ARF Study
Important Numbers to RememberThe average audience for a MyDrunkKitchen video(http://www.youtube.com/watch?v=uSXQNred3is) 1,000,000
Anderson Cooper’s average nightly audience179,000
The amount that Sodexo saved in recruitment using Twitter $300,000
The amount HSUS raised from its first Flickr photo contest $650,000
The number of times per hour Digital Natives switch media—every 2.2 minutes. 27
98% The percentage of FB users who like a page and never return
Big Numbers Don’t Mean Influence Measure what matters There is no “bible” Influence ≠Reach, GRP, or any
other magic bullet All influence is relative A computer cannot tell you
who matters most
8
Why Do We Communicate?
Outcomes (Target Audience Action)• Engagement• Advocacy• Revenue/Cost Savings
Outtakes(Intermediary Effects) • Awareness• Knowledge/Education• Understanding
Activities
9
Metrics
AVEs Eyeballs HITS (How Idiots
Track Success) Couch Potatoes # of Twitter
Followers (unless you’re a celebrity)
Influence = The power or ability to affect someone’s actions
Engagement= Some action beyond zero
Advocacy = engagement driven by an agenda
Sentiment = contextual expression of opinion – regardless of tone
ROI: Return on Investment – no more no less. End of discussion
Old School New School
10
The 6 steps of Measurement
Step 1: Define your goal(s). What outcomes is this strategy or tactic going to achieve? What are your measurable objectives?
Step 2: Define your audiences. Who are you are trying to reach? How do your efforts connect with those audiences to achieve the goal.
Step 3: Define your benchmarks. Who or what are you going to compare your results to?
Step 4: Define your metrics. What are the indicators to judge your progress?
Step 5: Select your data collection tool(s).
Step 6: Analyze your data.
Turn it into action, measure again
Define the goal
Understand the Audience and Motivations
Define Benchmark
Define the Metrics
Pick a Tool
Insight and Action
Six Steps to Success
1
2
3
4
5
6
11
Goals, Actions and Metrics
Goal
Increase “marketable universe”
Increase sales of new service offering
Action
Create a subscription newsletter
Initiate speakers program around industry topic
Outcome Metric
% increase in qualified new members of marketing
universe
% increase in qualified inquiries for new service
offering
Activity Metric
Number of page views and likes
% increase in association of brand
with market conversation
12
Matching Goals to Metrics
KPI
Increase on-message media presence
Increase in customer engagement
Increase awareness
Increase share of voice in market
Metric
% of items containing key messages
% increase in engagement index
% unaided recall of sponsorship% increase in brand preference
% share of desirable voice by geography
What’s Different About The Social Era? It’s not about the media, it’s about the
business and the customer It’s not how loud you’re shouting it’s
about relationships. It’s not about Big Data, but about how you
use it. There are no boundaries Standards are a reality not an excuse
to hide behind
14
Like Are Not Engagement
AdvocacyCommitmentTrial/Consideration
FollowersLikesImpressions
Good Relationships Are More Cost Effective Type “I love Zappos” into Google, and you
find 1.19 million references Type “I love Citibank” and you get 21,000
references. Citibank spends 100 times more a year on advertising than Zappos.
Cost per delegate acquired: Obama: 6,024 Clinton: $147,058 Romney: $2,389,464
The CEO of a hospital won a union battle via blogging
16
ROI vs Cost/Benefit Analysis Going where the fish are = Greater
efficiency: 44 % of junk mail goes to landfills unopened Response rates <0.25% now acceptable On average less than 1 % of all emails is opened
& acted upon Greater engagement & loyalty
Network Solutions Georgia Pacific Home Depot
Need some help with that lawn?
What’s Different About The Social Era? It’s not about the media, it’s about the
business and the customer It’s not how loud you’re shouting it’s
about relationships It’s not about Big Data, but about how
you use it There are no boundaries Standards are a reality not an excuse to
hide behind
It’s Not Big Data It’s the Right Data
Questions you need to know the answer to: What keeps them up at night? What are they currently seeing? Where do they go for information? What influences their decisions? What’s important to them? What makes them act? Find the sweet spot
18
People wanting to vacation in a safe, English speaking destination
Royalty Enthusiasts
Canoers
Important Numbers to Remember
The percent of conversation that happens OFF LINE90 %
The amount of conversations generated by bots, spammers and pay-per-click sites35% - 40%
The percent of on-line conversations that are public 10%
The percent of Facebook & Twitter posts that are actually seen < 5%
The Percent of Twitter users that have fewer than 10 followers80%
The percent of emails send that never make it to an inbox25%
20
Be Data Informed, Not Data Driven Ask “So What” at least three times Rank order results from worst to best Then look for exceptional success Make sure you know what the
competition is doing Find your “Huck” or “Abbey”
Page 20
“I like my work.” - Huck
SCANDAL
21
What does the data say?
Data Informed Successful communications starts with measurement
22
Braided Metrics in Real Time
What’s Different About The Social Era? It’s not about the media, it’s about the
business and the customer It’s not how loud you’re shouting it’s
about relationships It’s not about Big Data, but about how
you use it There are no boundaries Standards are a reality not an excuse to
hide behind
All Silos Are Permeable External vs Internal Geographic Traditional vs. Social “If you make people
angry enough, you will be replaced” (Fadl Al Tarzi, CEO, SocialEyez)
Most wounds are self inflicted
24
25
Qaboos bin Said Al SaidAbdullah bin Abdul
Azaz Al Saud Abdullah IIHamad bin Issa Al
Khalifa Abudl Azaz Bouteflika
Hosni Mubarak Ali Abdullah Saleh Bashar Al-Assad Zine el-Abidine Ben Ali Muammar Al-Gaddafi
User Emotions Towards Political Leaders in the Region
What’s Different About The Social Era? It’s not about the media, it’s about the
business and the customer It’s not how loud you’re shouting it’s
about relationships It’s not about Big Data, but about how
you use it There are no boundaries Standards are a reality, not an excuse to
hide behind: www.smmstandards.org
Cross-Industry CollaborationAMECCouncil of PR FirmsInstitute for PRPRSAGlobal Alliance
IABCSNCRDAAWOMMAARFFIBEPCIPRPRCA
DellGeneral MotorsMcDonaldsFordProcter & GambleSASSouthwest AirlinesThomson Reuters
#SMMStandardswww.smmstandards.or
g
“The Coalition”
“The Conclave” Clients
Process for Standards Broad industry input Focus on Earned Media, not Paid Voluntary / non-exclusionary Used ISO process Posted to www.smmstandards.org
Conclave/Coalition
Development
Interim Standards
2-month Comment
Period
Approved Standard
Top PrioritiesContent Sourcing & Methods1
Reach and impressions2
Engagement3
Influence & relevance4
Opinion & advocacy5
Impact & value6
#SMMStandards – Sources & Methods Transparency Table www.smmstandards.org
Timeframe AnalyzedResearch Lead(s)Channels AnalyzedData/Content SourcesAnalysis Depth ☐ Automated ☐ Manual ☐ Hybrid ☐ All Content Reviewed ☐ Rep. SampleSource LanguagesSearch LanguagesSentiment Coding ☐ Automated ☐ Manual ☐ Hybrid ☐ Manual Sampling: _____________________
☐ 3-pt scale ☐ 5-pt scale ☐ Other scale ☐ At entity level ☐ Paragraph/doc level
Spam/Bot Filtering ☐ Automated ☐ Manual ☐ Hybrid ☐ Includes news releases ☐ Excludes releasesMetrics Calculation and Sources -- Reach -- Engagement -- Influence -- Opinion/AdvocacyProprietary MethodsSearch Parameters See full search string list on page ___ of this report
#2: Standards for Reach & Impressions All impression numbers are flawed for a variety of reasons Multipliers should never be used A divider is more appropriate because
it is less than 5% of what is posted is actually seen
OTS must be specific to a particular channel – i.e. For Twitter OTS is the number of first line followers For Facebook it is the number of fans to a page
#3: Standards for Engagement Engagement = some action beyond exposure…in response to content on
an owned channel – i.e. when someone engages with you Conversation = online or offline discussion by customers, citizens,
stakeholders, influencers or other third parties about your organization Any measure of Engagement and Conversation must be tied to the goals
and objectives Engagement and Conversation occurs offline and online --both must be
considered Engagement should be measured by the % of your audience that is
engaged, and the % engagement for each item published
#4: Influence & Relevance Adhere to WOMMA Standards “Influence” is the ability to cause or contribute to a
change in opinion or behavior Influence cannot be expressed in a single score or
algorithm Should include some combination of the following
five elements: Reach Engagement around individual Relevance to topic Frequency of posts around the topic Audience impact as measured by the ability to get the
target audience to change behavior or opinion If an individual scores a 0 on one element, they aren’t influential
#5 Opinion & Advocacy Sentiment is the feelings the author is trying to convey, often measured through
context surrounding characterization of object Opinion is a view or judgment formed about something, not necessarily based
on fact or knowledge.. It is articulated and associated to the speaker Advocacy (n) vs (v) is publicly stated support for or
recommendation of a particular cause or policy Advocacy requires a level of expressed persuasion.
The key distinction between “advocacy” and “opinion,” is that advocacy must have a component of recommendation or a call to action embedded in it
#6: Impact & Value Impact: The effect of a social media campaign, program or effort on the
target audience Value: The impact expressed in either cost savings or revenue incurred.
Value can be short term or long term & may be expressed in many ways including cost savings, shortened sales cycle, busines process improvement (BPM,) increased customer retention etc
ROI: Return on Investment. A financial performance measure. To calculate ROI, the benefit (return) of an investment is divided by the cost of the investment; the result is expressed as a percentage or a ratio
Any measure of Impact & Value must be tied to the goals and objectives for your organization, brand or program
Assessing the value and impact of a campaign is a complex process. Variables need to be weighted appropriately and should be based on customer research data. It cannot be reduced to a simple formula that applies equally to consumer, B to B, and/or non-profit organizations
Remember These PointsIt’s no longer about the media, it’s about your business.1
Be data-informed not data-driven. Big Data doesn’t matter. It’s the right data & how you use it.2
You can’t be talking “likes” when the leadership wants value. ROI may not be the answer.
4
It’s not how loud you’re shouting it’s about the strength of your relationships.3
Standards are here, implemented them!6
The definition of success is not how many you’ve reached, but how those you’ve reached have responded
5
37
Thank You! For more information on measurement, read my blog:
http://kdpaine.blogs.com or subscribe to The Measurement Standard: www.themeasurementstandard.com
For a copy of this presentation go to: http://www.kdpaine.com
Follow me on Twitter: KDPaine Friend me on Facebook: Katie Paine Or call me at 1-603-682-0735