ipr measurement summit -- "integrated measurement" -- tim marklein
TRANSCRIPT
Integrating Measurement& Measuring Integration
Slide 1 -- October 14, 2009
October 14, 2009Tim Marklein, [email protected]: @tmarklein
& Measuring IntegrationIPR 7th Annual Summit on Measurement
2009 = Transformational year
Economy : Cold Measurement : Hot
Slide 2 -- October 14, 2009
Current state of PR measurement
Everyone agrees: Measurement is important
Basic standards, tools in place for measuring media
CMOs, CFOs and CEOs are asking for more
TH
E G
OO
D
Still lots of lip service without investment
TH
E B
AD Still lots of lip service without investment
PR wastes time fighting AVE – “media value” is real
Quarterly reports are shelfware, don’t drive decisionsTH
E B
AD
PR metrics aren’t translated into executive terms
Not enough definition or accountability for outcomes
“Random acts of measurement” – not enough integrationTH
E U
GLY
Slide 3 -- October 14, 2009Source: Weber Shandwick
Measurement & Strategy practice
The critical challenge: Mind the gap!
Typical PR metrics• Total clips• Total clips in top-tier media• Total circulation/impressions• Share of voice• Media sentiment• Message pull-through• Ad equivalency
Key business metrics• Contribution to sales• Contribution to market share• Contribution to profitability• Influence on stock performance• Influence on stakeholder awareness• Influence on stakeholder opinion• Influence on employee attitudes• Ad equivalency
• Cost per thousand• Influence on stakeholder awareness• Influence on stakeholder opinion• Influence on employee attitudes• Influence on corporate reputation
• Influence on employee attitudes• Influence on customer consid/pref• Influence on customer satisfaction• Influence on customer loyalty• Influence on brand equity
Slide 4 -- October 14, 2009Source: Adapted from GAP V report, Annenberg
School of Communication, “Fifth Annual Public RelationsGenerally Accepted Practices” study, Q1’08
“It will be difficult for PR to get a larger share o f the total communications expenditure without quantitative mea ns that
go well beyond measurement of media outputs.”
The importance of integration
• Old world, meet new world
• Integration of traditional, digital and social media
• Integrating WOM and other new influence patterns
• Silo #1, meet silo #2, silo #3, etc.
• Integration of PR with other communication disciplines• Integration of PR with other communication disciplines
• Integration of PR with other marketing disciplines
• Integration across business units, products, geographies
• Measurement, meet strategy
• Integration of metrics, data sources, tools, dashboards
• Integration of data and insights into decision-making flow
Slide 5 -- October 14, 2009
Traditional/digital integration:Media cross-over effects, in both directions
Slide 6 -- October 14, 2009
Traditional/digital integration:New metrics, data sources and concepts
measures: Assess how content is accessed, shared, adapted, amplified across various sites and media properties
measures: Assess the volume, engagement, sentiment and reach of content shared via the web.
measures: Assess the paid and organic search rankings for company content, brands and keyword associations
measures: Assess the volume, engagement, feedback and measures: Assess the volume, engagement, feedback and reach of content shared via company’s web properties
measures: Analyze volume, content, sentiment of conversations about company/brands across sites, media
measures: Assess audience, reach and “touch points” of company content/conversations across sites, media
• Outcome measures: Assess how the content, conversation and community measures correlate with desired outcomes
Slide 7 -- October 14, 2009Source: Weber Shandwick Measurement & Strategy
practice, “Inline” measurement framework
Traditional/digital integration:The challenge of “scale” and how to adapt
• What’s more valuable?
• Chicago Tribune print story
• WSJ.com online story
• Industry blog post
• Key considerations• Key considerations
• Total impressions vs. targeted impressions
• Total engagement vs. targeted engagement
• Earned Media Value – consistency of source data
• CPM vs. CPE – very different scales
Slide 8 -- October 14, 2009
Integrating new influence patterns:Advocacy takes center stage
Sharing advice
Making recommendations
Making their loyalty visible
More than justword-of-mouth…ADVOCATES45%
High intensity (9%)Low intensity (36%)
Making their loyalty visible
Reaching out broadly
Making fast decisions
Taking actionINFLUENTIALS
OPINION ELITES
BADVOCATES20%
Slide 9 -- October 14, 2009 Source: Weber Shandwick’s New Wave of Advocacy™ with KRC Research, March 2007
Integrating new influence patterns:Tracking WOM conversation volume, quality
Industry Average
State Farm
All State
Prudential
Nationwide
High Volume / High QualityLow Volume / High QualityQ
ualit
y of
Adv
ocac
y (%
)
Metric Score Industry
Share of Conversation 10% 4%
Source: Weber Shandwick Measurement & Strategy analysis, based on Keller Fay TalkTrackTM survey data Jan’08-Dec’08
AIG
High Volume / Low QualityLow Volume / Low Quality
Share of Conversation (%)
Qua
lity
of A
dvoc
acy
(%)
Share of Conversation 10% 4%
Net Favorability -62% 18%
Net Recommendation -24% 29%
Propensity to Relay 31% 50%
Slide 10 -- October 14, 2009
Integrating new influence patterns:Re-thinking channels, reach, influence
“Inside” Advocacy Sources “Outside” Advocacy Sources
EXPERT HUBDAY-TO-DAY HUB
Who in their personal or work lives does your audience trust for information and advice?
Who in turn do they contact and influence?
What kinds of experts (specific people, categories of people, or specialized
publications) does your audience seek out when they want information
and advice?
SOCIAL HUB MEGA HUB
How does this contribute to theirdecision-making?
What groups, clubs or networks(online or offline) does your audience turn to for informationand advice?
Who do they in turn communicate with?
What brands, celebrities orcultural trends have caught
the attention of your audienceand are most influential in
their decision-making?
Slide 11 -- October 14, 2009 Source: Weber Shandwick & KRC Research
EXPERT HUBDAY-TO-DAY HUB
Integrating new influence patterns:We can’t assume or pretend they’re linear
HomeTrade show
Podcasts
BusinessMedia
VerticalMedia Lifestyle
Media
Workplace
SMS
Telephone
Pundits
Experts SalesReps
Customer Service
“Inside” Advocacy Sources “Outside” Advocacy Sources
SOCIAL HUB MEGA HUB
SocialNetworks
Blogs
VOD Direct Mail
Internet TV
Authors
Opinion Sites
Branded Entertainment
Radio
Broadcast Television
Cable Television
Branded Applications
BrandWebsite
SocialOrganizations
CommunityGroups
BusinessOrganizations
Social Clubs
Celebrity
WOMMobilePhone
Search
Video gamesARG’s
Slide 12 -- October 14, 2009 Source: Weber Shandwick & KRC Research
Integrating new influence patterns:Customers aren’t necessarily who they seem
SALES THOUGHT:Eric = $500K IT budget THE REALITY:
Eric = $76M IT impact inside,$200M total in 40 companies
$500,000 IT Budget
Integrating new influence patterns:Different engagement methods and vehicles
Traditional marketing
• Create collateral• Send direct mail• Buy media• Attend events
Advocacy marketing
• Identify advocates• Engage advocates• Manage relationships• Have conversations• Attend events
• Create events• Buy more media• Conduct PR• Write case studies• Buy more media• Tell one story to mass
markets or big groups
• Have conversations• Activate communities• Create great content• Syndicate content• Tell many stories, one
at a time, synchronized, through many voices, to “micro” markets
Slide 14 -- October 14, 2009
PR/comms/marketing integration:Re-framing the measurement conversation
activities reach relevance outcomes worth
What activitieswere performed
to achieveresults?
Did you reachyour audience?
How manyimpressions,
web visits,
Were yourelevant to youraudience? Were you credible? Did your ideas
What business results did you
achieve? Awareness?
Engagement?
What is the estimated dollar
value of your communication efforts? What
Slide 15 -- October 14, 2009Source: Weber Shandwick Measurement &
Strategy practice, “ARROW” measurement model
web visits,reports,
attendees, etc. were
generated?
Did your ideas and messages resonate? Did
you drive conversation?
Engagement?Reputation?
Leads? Sales? Loyalty?
Advocacy?
efforts? What was the ROI?
Communications Team ���� Marketing Team ���� Executive Team
Quantity/Output ���� Quality/Outtakes ���� Business Impact ���� Value/Efficiency
PR/comms/marketing integration:Delivering dashboards (light view)
Slide 16 -- October 14, 2009Source: Weber Shandwick Measurement &
Strategy practice, “ARROW” measurement model
PR/comms/marketing integration:Delivering dashboards (medium view)
Activities21 Earned Media Interviews
Reach340K Earned Media Impressions
43%
12 Paid Media Placements
179K Paid Media Impressions
Slide 17 -- October 14, 2009
Relevance43% Earned + Paid Media Share
Outcomes2.3% Increased Awareness (Tracking Survey)
Worth$145K Earned + Paid Media Value
67% Conversation Share (Social + WOM)
195K New Patient Visits (Self-Reported)
$97M Revenue from New Patient Visits
Source: Weber Shandwick Measurement & Strategy practice, “ARROW” measurement model
PR/comms/marketing integration:Delivering dashboards (full view)
Slide 18 -- October 14, 2009Source: Weber Shandwick Measurement &
Strategy practice, “ARROW” measurement model
MediaAnalysis
(traditional)
MediaAnalysis(social)
WebAnalytics
(site)
KeywordAnalysis(search)
WOM Brand Customer Employee
Measurement, meet strategy:“Insight” doesn’t live in silos, aggregation is key
WOMAnalysis(surveys)
BrandTracking(surveys)
CustomerSatisfaction(surveys)
EmployeeSatisfaction(surveys)
Lead Gen& Sales data
(CRM)
Events &DM data(CRM)
Analyst Data & Reports
(third party)
Ind. Awards& Scorecards(third party)
Source: Weber Shandwick Measurement & Strategy practice –ARROW Measurement Suite, February 2009Slide 19 -- October 14, 2009
Measurement, meet strategy:Get the data out – to execs, sales, marketing
Slide 20 -- October 14, 2009
Measurement, meet strategy:Integrate data, insights into decision flow
• Have you built your “measurement cycles” to match your company’s “decision cycles”?
• Daily or hourly (crisis and issues management)
• Weekly and monthly (progress, trends, course corrections)
• Quarterly and annual (strategic decisions, direction changes)
• What are your company’s “decision forums”?
• Staff meetings, board meetings, key individuals, etc.
• Are you there? Do they have the data? Are they using it?
• What are your company’s “data consumption” habits?
• Individuals and organizations learn, adapt, decide differently
• Are you packaging your metrics to make them consumable?
Slide 21 -- October 14, 2009
Your transformation moment
• One-way communication is dying.
• Conversations and community are king.
• Integration trumps independence.
• Measurement is imperative.
• You have the data. Use it to lead. Be a change agent.• You have the data. Use it to lead. Be a change agent.
Thank You!!!
Email:[email protected]
Blog:www.allaboutadvocacy.com
Twitter:twitter.com/tmarklein
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