Measuring Social Media November 2007 119446798347691 1

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    Measuring

    Social Media

    Its About Relationships

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    Why Measure?

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    Why Measure?

    Are we making a

    difference, or just makinga fool of ourselves?

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    Measuring Social Media

    Katie Paine, KD Paine and Partners

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    Super Six Steps to Measurement

    1. Set your objectives

    2. Define your stakeholders

    3. Determine which metrics to use4. Benchmark against yourself over time

    or your competition

    5. Pick your measurement tool

    6. Analyze the results and start over

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    1. Setting Objectives

    Make them measurable

    What do I want to happen by when?

    Changes in attitudes and/or behavior Outputs, outtakes and outcomes

    Without objectives, measurement is

    meaningless

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    Strategy to Engage

    1. Active Listening

    2. Contribution

    3. Participation

    http://www.healthcare100.com

    http://www.healthcare100.com/http://www.healthcare100.com/
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    2. Community of Stakeholders

    By Andrew Niddrie, Flickr, Gulliver Square, Scotland

    http://www.flickr.com/photos/craigmillar/sets/72157594373495841/http://www.flickr.com/photos/craigmillar/sets/72157594373495841/
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    3. What Metrics Matter Most?

    1. Relationships

    2. Analytics

    3. Outcomes

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    Measuring Analytics: Easier

    Number of unique users Returning versus new readers Referring traffic Links from other sites

    Google PageRank Technorati Authority Total time spent on the site The popularity of the content itself, page views

    Conversation Index: Ratio of blog comments to blogposts Tone of conversation, comments, posts Speed or velocity of spread, viral

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    Measuring Relationships: Harder

    Interaction: Conversation Index Quality of relationships

    Building mutual trust

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    Measuring Relationships

    Control Mutuality Power of influence Trust Degree to which it exists Satisfaction Expectations met

    Commitment Mutually promoted Exchange Relationship Expectations ofreturn for giving

    Communal Relationship Genuine andmutual concern with no expectation

    by Jim Grunig and Linda Childers Hon, Institute for Public Relations

    http://www.instituteforpr.org/research_single/guidelines_measuring_relationships/http://www.instituteforpr.org/research_single/guidelines_measuring_relationships/http://www.instituteforpr.org/research_single/guidelines_measuring_relationships/http://www.instituteforpr.org/research_single/guidelines_measuring_relationships/
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    Outcomes and the Dreaded ROI

    Charlene Li, Forrester Research, The ROI of Blogging

    Benefits

    Costs

    Risks

    http://blogs.forrester.com/charleneli/2006/10/calculating_the.htmlhttp://blogs.forrester.com/charleneli/2006/10/calculating_the.html
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    4. Your Competition

    By Mr. Mark, Pick One, Flickr

    http://www.flickr.com/photos/28551615@N00/119679860/http://www.flickr.com/photos/28551615@N00/119679860/
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    5. Measurement Tools: Free

    Technorati(number of links, authority)

    Del.icio.us (quality and type of coverage)

    Google Analytics (site statistics)

    Veoh (video views on all platforms)

    Flickr (photo views)

    Feedburner (subscribers)

    Google Blog Search(Poor mans clipping service)

    Yahoo Pipes (manage RSS)

    Compete, Alexa (traffic)

    Quantcast (ratings and demographics)

    http://www.technorati.com/http://del.icio.us/http://www.google.com/analyticshttp://www.veoh.com/http://www.flickr.com/http://www.feedburner.com/http://blogsearch.google.com/?tab=wb&hl=enhttp://pipes.yahoo.com/pipes/http://www.compete.com/http://www.alexa.com/http://www.quantcast.com/http://www.quantcast.com/http://www.alexa.com/http://www.compete.com/http://pipes.yahoo.com/pipes/http://blogsearch.google.com/?tab=wb&hl=enhttp://www.feedburner.com/http://www.flickr.com/http://www.veoh.com/http://www.google.com/analyticshttp://del.icio.us/http://www.technorati.com/
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    Measurement Tools: Paid

    1. The CGM Dashboard (link)

    2. Radian6 (link)

    3. BuzzLogic (link)4. Jeremiahs List (link)

    http://www.measuresofsuccess.com/Products+and+Services/DIY/default.aspxhttp://www.radian6.com/cms/homehttp://www.buzzlogic.com/http://www.web-strategist.com/blog/2006/11/25/companies-that-measure-social-media-influence-brand/http://www.web-strategist.com/blog/2006/11/25/companies-that-measure-social-media-influence-brand/http://www.buzzlogic.com/http://www.radian6.com/cms/homehttp://www.measuresofsuccess.com/Products+and+Services/DIY/default.aspx
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    Fun: Media Snackers Meme

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    Fun: Media Snackers Meme

    There have been 72 posts over the past 14 days that include theterms "media snack" or "media snackers." Both the plurals and thesingular uses of each word were also pulled.

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    Comments and the Conversation

    Now Is Gone, Geoff Livingston (27 comments)

    Every dot Connects, Connie Reece (21 comments)

    Web strategy by Jeremiah, Jeremiah Owyang (19 comments)

    Web strategy by Jeremiah, Jeremiah Owyang (18 comments)

    Engage in PR, Kyle Flaherty (12 comments)

    http://nowisgone.com/2007/10/26/sample-this-media-snack/http://everydotconnects.com/2007/10/25/got-the-munchies-have-a-media-snack/http://www.web-strategist.com/blog/2007/10/24/do-you-respect-media-snackers-tell-me-why/http://www.web-strategist.com/blog/2007/10/28/utter-mobile-audio-micromedia-is-blogging-old-and-slow/http://www.engageinpr.com/2007/10/29/increasing-your-information-metabolism-media-snacks/http://www.engageinpr.com/2007/10/29/increasing-your-information-metabolism-media-snacks/http://www.web-strategist.com/blog/2007/10/28/utter-mobile-audio-micromedia-is-blogging-old-and-slow/http://www.web-strategist.com/blog/2007/10/24/do-you-respect-media-snackers-tell-me-why/http://everydotconnects.com/2007/10/25/got-the-munchies-have-a-media-snack/http://nowisgone.com/2007/10/26/sample-this-media-snack/
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    Jeremiah Owyangs Mindshare

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    Resources

    Kamis Measurement Tag

    Measuring Public Relationships, Katie Paine

    Calculating the ROI of Blogging, Charlene Li

    Constantin Bastureas ROI tag

    Jeremiah Owyangs Social Media Tag

    Trinity of Analytics, Avinash Kaushik

    Institute for Public Relations, Measurement

    http://del.ici.ous/kamichat/measurementhttp://kdpaine.blogs.com/bookblog/files/PaineBookFirstPages.pdfhttp://blogs.forrester.com/charleneli/2006/10/calculating_the.htmlhttp://del.icio.us/cbasturea/ROI?page=1http://www.web-strategist.com/blog/category/social-media-measurement/http://www.kaushik.net/avinash/2006/08/trinity-a-mindset-strategic-approach.htmlhttp://www.instituteforpr.org/research/measurement_and_evaluation/http://www.instituteforpr.org/research/measurement_and_evaluation/http://www.kaushik.net/avinash/2006/08/trinity-a-mindset-strategic-approach.htmlhttp://www.web-strategist.com/blog/category/social-media-measurement/http://del.icio.us/cbasturea/ROI?page=1http://blogs.forrester.com/charleneli/2006/10/calculating_the.htmlhttp://kdpaine.blogs.com/bookblog/files/PaineBookFirstPages.pdfhttp://del.ici.ous/kamichat/measurement
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    Kami Watson Huyse, APRMy PR Pro

    [email protected]: Communication Overtones,overtonecomm.blogspot.com

    Measuring

    Social Media

    mailto:[email protected]://www.myprpro.com/http://overtonecomm.blogspot.com/http://overtonecomm.blogspot.com/http://www.myprpro.com/mailto:[email protected]