measurement 2.0-- best practices in social media measurement a presentation for amec katie delahaye...
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The changing “Holy Grail” of measurement Engagement On your property? With your brand? Relationships With what audience? Must be competitive? ROI AVE does not equal ROI ROI =Desired Return minus InvestmentTRANSCRIPT
Measurement 2.0-- Best Practices in Social Media measurement A presentation for AMEC Katie Delahaye [email protected]:/kdpaine.blogs.comMember, IPR Measurement Commissionwww.instituteforpr.org
A measurement timeline
The changing “Holy Grail” of measurement
Engagement
On your property?
With your brand?
Relationships
With what audience?
Must be competitive?
ROI
AVE does not equal ROI
ROI =Desired Return minus
Investment
The immutable laws of 21st Century PR Measurement
1. There is no market for your message2. All the benchmarks have changed3. Size doesn’t matter so stop screaming,
start listening4. It’s not how many eyeballs, it’s the
right eyeballs5. HITS = How Idiots Track Success6. ROI doesn’t mean what you think it
does because you can’t divide by zero7. You become what you measure, so
match the measurement tool to your objective
Signs that it’s the end of the world as we know it 8. BestBuy measures 85% lower turnover as a
result of its Blue Shirt community7. State Farm measures it’s internal blog by the
improvement in morale6. ASPCA can track on-line donations and
increased membership back to its social media efforts.
5. On Twitter, a start up company got 100 great marketing ideas for free, women raised over $6000 in a day and a wooden toy maker in NH got a nationwide contract
4. $0-budget YouTube videos about Barack Obama were seen by 120 times the audience of Hilary Clinton’s “largest town hall meeting in US history” that cost millions
3. IBM receives more leads, sales and exposure from a $500 podcast than it does from an ad
2. Advertisers are starting to admit that all their measures are flawed
1. Measurement is easy
What do you need to measure?Outputs?
Did you get the coverage you wanted?Did you produce the promised materials on
time and on budget? Outtakes?
Did your target audience see the messages?Did they believe the messages?
Outcomes?Did audience behavior change? Did the right people show up?Did your relationship change? Did sales increase?
Goals, Actions and Metrics Goal Action Output Metric Outtake
MetricOutcome Metric
Increased on-line reservations
Revamp website
Amount of content on web site
% perceiving state as a destination
% increase in web traffic and reservations
#1site for visitors to NH
Increase staffing and resources for communications
Increased exposure of “visit NH” message
Increased perception of NH as an extreme destination
% increase in agreement with the statement
Website is preferred site for information
Add content, features to web site, keep up to date
% increase in traffic
% agreeing with the statement
# 1 rankings, and time spent on site
The 7 steps to Social Media ROI
1. Define the “R” – Define the expected results?
2. Define the “I” -- What’s the investment?
3. Understand your audiences and what motivates them
4. Define the metrics (what you want to become)
5. Determine what you are benchmarking against
6. Pick a tool and undertake research7. Analyze results and glean insight,
take action, measure again
Step 1: Define the “R” what return do you expect?
If you are celebrating complete 100% success a year from now, what is different about the organization?If you eliminated your department
or failed utterly, what would be different? Typical Outcomes:
Step 2: Define your investment
You can’t divide by $0People timeOpportunity CostExecutive time/goodwill
Step 3: Understand what motivates your stakeholders to engage
What motivates customers to purchase, members to join, students to apply, etc. How does communications
contribute to that engagement?
Step 4: Define your KPIs
Share of thought leadership over timeCost per message communicated
efficiency/efficiency of different channels Increase in employee engagement
in/credibility of communications Improvement in relationship
/reputation scores with customers and communities
Improvement in Optimal Content Score (OCS) over time
Why an Optimal Content Score?
You decide what’s important:Benchmark against peers and/or
competitorsTrack activities against OCS over
time
Optimal content score for social media
Positive: Mentions of the brandKey messagesPositioningVisibility
Negative OmittedNegative toneNo key message
Standard classifications of discussion• Acknowledging receipt of information• Advertising something• Answering a question• Asking a question• Augmenting a previous post• Calling for action• Disclosing personal information• Distributing media• Expressing agreement• Expressing criticism• Expressing support• Expressing surprise
• Giving a heads-up• Responding to criticism• Giving a shout-out• Making a joke• Making a suggestion• Making an observation• Offering a greeting• Offering an opinion• Putting out a wanted ad• Rallying support• Recruiting people• Showing dismay• Soliciting comments• Soliciting help• Starting a poll
Standard classifications of videos
AdvertisementAnimationDemonstrationEvent/
PerformanceFictionFilmHome VideoInstructional VideoInterviewLecture
MontageMusic VideoNews BroadcastPromotional VideoSightseeing/TourSlideshowSpeechTelevision ShowVideo Log
Most frequently used metricsFor External blogs and other Consumer
Generated Media (CGM) Share of positioningShare of preferred types of conversationsShare of desirable vs. undesirableShare of visibilityShare of quotesOptimal content score
For your controlled social media program
TrafficRepeat visits Engagement
Step 5: Define your benchmarks
Past PerformancePeer companiesWhatever keeps the C-suite up
at nightThink 3-5:
A stretch goalThe underdog who’s nipping at your heelsPeer organizationsAnyone that you compete with for share of mind or share of wallet
Emerging benchmarksEngaged = 13 comments per postHyper-engaged = 35 comments per postAfter 3 days most comments are done, 14
days maxSocial Bookmarking momentum = 1
submitted item every other dayMessage should be communicated in 2 out
of 5 blogsPast PerformanceThink 3
PeerUnderdog nipping at your heelsStretch goal
Whatever keeps the C-suite up at night
Possible your benchmarks
Past performance: tonality of blog content
Tonality of Coverage Over Time
4 9 5 9
27
37 43
91
17
914
12
0
25
50
75
100
125
150
Oct Nov Dec Jan
2006 2007
Men
tions
PositiveNeutralNegative
Tonality of all blog postings
Total, 10%
Total, 71%
Total, 19%
The competitive landscape Technorati mentions with high authority
Cingular7%
Sprint7%
Verizon10%
T-Mobile75%
US Cellular1%
Company "sucks" mentions in Technorati with high authority
US Cellular2% Cingular
16%
Sprint12%
Verizon19%
T-Mobile51%
Step 6: Conduct research (if necessary)
First: find out what already exists
Web trafficCustomer Satisfaction dataCustomer Loyalty data
Second: Decide what research is needed to give you the information you need.
Selecting a measurement toolObjective KPI Tool Increase inquiries, web traffic, recruitment
% increase in traffic#s of clickthrus or downloads
Clicktracks, Web trends
Increase awareness/preference
% of audience preferring your brand to the competition
SurveyMonkey, Zoomerang
Engage marketplace Conversation index greater than .8Rankings
TypePad, Technorati
Communicate messages
% of articles containing key messagesTotal opportunities to see key messagesCost per opportunity to see key messages
Media content analysis –Dashboards
% aware of or believing in key message
Survey
The tools you need 1.A content source:
Google News/Google blogsTechnorati, Ice RocketCyberalert, CustomScoop, e-WatchBuzzLogic , Radian 6RSS feedsTweetscan, TwemesSiteVolume
Your tool box also needs to include: 2. A way to analyze that content
Automated vs. ManualThe 80/20 rule – Measure
what matters because 20% of the content influences 80% of the decisions
Dashboards aggregate data
Don’t forget to measure comments as well as YouTube, Facebook & MySpace content
The Optimal Content Score
Your tool box also needs to include: 3. A way to measure
engagementThe conversation index= Ratio of posts to commentsRelationship studiesThe engagement indexTealium
A Proposed Engagement Index
ClickthruDonations/orders
Signups
Time on siteRepeat visits Forwards/links
/comments
RelationshipsTone/content of
conversationMembership
An engagement index?
Output Outtake Outcome
+ +
11 numbers your web analytics guru should give you every month
% increase or decrease in unique visits Change in page rank - i.e. a list of the top ten most popular areas and how it has changed in the last week How many sessions on our blog or web site represent more than 5 page views In the past month, what % of all sessions represent more than 5 page views % of sessions that are greater than 5 minutes in duration % of visitors that come back for more than 5 sessions % of sessions that arrive at your site from a Google search, or a direct link from your web site or other site that is related to your brand % of visitors that become a subscriber % of visitors that download something from the site % of visitors that provide an email address
Courtesy of Eric Peterson
Components of a Relationship IndexControl mutuality
In dealing with people like me, this organization has a tendency to throw its weight around. (Reversed)This organization really listens to what people like me have to
say.Trust
This organization can be relied on to keep its promises.This organization has the ability to accomplish what it says it
will do.Satisfaction
Generally speaking, I am pleased with the relationship this organization has established with people like me.Most people enjoy dealing with this organization.
CommitmentThere is a long-lasting bond between this organization and
people like me.Compared to other organizations, I value my relationship with
this organization moreExchange relationship
Even though people like me have had a relationship with this organization for a long time; it still expects something in return whenever it offers us a favor.This organization will compromise with people like me when it
knows that it will gain something.This organization takes care of people who are likely to reward
the organization.Communal relationship
This organization is very concerned about the welfare of people like me.I think that this organization succeeds by stepping on other
people. (Reversed)
How to implement relationship metrics
Step 1: Conduct a benchmark relationship studyStep 2: Implement PR programStep 3: Conduct a follow up
relationship studyStep 4: Look at what’s changed
Research without insight is just trivia
What works, what doesn’tWhat needs to be done? What are you communicating?What tools work best?
Step 7: Analysis
Data mining the numbers you have
Look for failures firstCheck to see what the competition
is doing Then look for exceptional successCompare to last month, last
quarter, last yearFigure out what worked and what
didn’t work
Case Study: ASPCA
The 2007 Pet Food RecallASPCA ToolbarASPCA Community
(blog, MySpace)Pet Food Recall
Resource CenterUpdates on home pageTo members/
constituents via weekly News Alert
Courtesy: ASPCA
Used Both “old” and “new” Media
Micro-site featuring a “pledge to fight animal cruelty” Dedicated URL:
www.fightcruelty.org Postings on ASPCA’s online
community, MySpace and Facebook pages A radio media tour featuring Ed
Sayres on December 12 Pre- and post-surveys to gauge
post-launch and campaign awareness
Crunching the Numbers
Expense budget: $0CPI (cost per impression): $0.01Every new user is worth $3.50 each to the
organization after 12 months; $6 each after 24 monthsOverall Web traffic jumped, on an annual
average increase, from 25 percent to 52 percentFor every of 100,000 visitors in Web traffic:
Secure 7,000 new registered users Ultimately worth about $175,000 total net to the
organization over their lifetime
Courtesy: ASPCA
Results?
Secured earned media coverage in all top 50 DMAs (goal):
Print: 2.3 million+ impressionsRadio: 7.5 million listenersTV: 16,000,000+ viewers
Raised Web traffic by >22% over November (more than double goal of 10%)Secured 4,700 new registered users via
signing of Anti-Cruelty pledge: 56% > goal (3,000)Pre- to post-survey awareness 28%Expense budget: $130,000CPI: $.10Courtesy: ASPCA
Measuring Exposure
Share of ASPCA Subject Exposure Over Time
3959
5979
100255
32062
117
5638
75
47
135
-
100
200
300
400
500
600
700
800
Qtr1 Qtr2 Qtr3 Qtr4
2007
Mill
ions
Opp
ortu
nitie
s to
see
Adoption / NYC Services Animal Behavior Animal ShelteringAnimal Welfare Tips / Seasonal Tips Anti-Cruelty ASPCA Mission: Orange/No-Kill CommunitiesASPCA Poison Control Center / Toxicology Corporate Humane Law EnforcementEvents
Courtesy: KD Paine & Partners
Measuring ExposureShare of ASPCA Favorable positioning Exposure Over Time
13 2712
28
129
154540
100
25
41
34 221
38
22
10954
165
32
4316 30
-
50
100
150
200
250
300
350
400
Qtr1 Qtr2 Qtr3 Qtr4
2007
Mill
ions
OTS
Expert on pet care
Expert on animal cruelty issues
Expert in veterinary care
Expert in disaster relief/preparedness
Expert in animal welfare issues
Expert in animal toxicology
Expert in animal sheltering issues
Expert in animal behavior
National leader in creating a country ofhumane communities / no-kill
Courtesy: KD Paine & Partners
Social media growth
33,436
37,107
55,097
6,995
27,497
32,576
55,326
5,900
24,145
22,148
41,846
4,500
Blog: Visitors
Online Community: Unique Visitors
Online Community: Total Visitors
Online Community: Members
Blog and ASPCA Online Community GrowthFeb-08 Mar-08 Apr-08
Courtesy: ASPCA
Are they engaged?
Social Media Engagement
36,700
197,800
6,000
4,785
168
13,600
39,918
33,900
178,079
2,900
4,000
140
10,000
21,930
30,000
166,000
1,000
3,000
101
9,000
20,000
MySpace Friends
MySpace ProfileViews*
Facebook Fans
Facebook CauseMembers
Bebo Friends
YouTube ChannelViews *
Flickr Photo views *
Apr-08 Mar-08 Feb-08
Courtesy: ASPCA
KPIs Business Objectives
0
50,000,000
100,000,000
150,000,000
200,000,000
250,000,000
300,000,000
350,000,000
Exp
osur
e
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
Don
atio
ns
Overall exposure
Online donations
Georgia Tech Engagement Study
Content from Sep. 1 – Nov. 30, 2007Metrics recorded after 7–30 days,
depending on channel†Athletic content only included on
FacebookCourse blogs not includedPublicly available content onlyOn Facebook, no profiles or names
were recorded
User Generated Media 44
Types and Quantity of Media
Bookmarking Sites (341 items) del.icio.us, Digg, Fark, Newsvine, Reddit, Slashdot
External Blogs (332 posts)50 blogs in 7 categoriesFacebook (811+ discussion
items)Networks and Freshman GroupsInstitution Blogs (1,901 posts,
3,911 comments)114 blogsYouTube (1,668 videos)
30%
10%
26%
25%
19%
12%
11%
11%
11%
5%
12%
55%
31%
26%
29%
22%
24%
33%
8%
YouTube (N=1,705)
Social Bookmarking(N=249)
External Blogs(N=328)
Traditional Media(N=2,748)
Berkeley Carnegie Mellon Georgia Tech MIT Stanford
Share of Desirable Discussion on Uncontrolled Channels
45
Leadership in UGM channels not predicted by traditional media
Georgia Tech was consistently ranked fifth.
Dynamic, channel-specific environment. Most channels varied significantly.
External blogs were the only outlets to mirror traditional media in discussion of orgs.
Social bookmarking favored tech institutes; significantly more likely to mention MIT than any other channel.
User Generated Media 46
During a crisis, UGM channels more likely to be negative
UGM amplified negative traditional media coverage.
Unusual negative stories, like MIT’s fake bomb scare, became popular on social bookmarking sites.
Negative news linked to politics was a mainstay on external blogs.
Facebook profiles amplified each of these effects, and also included critical pieces from campus newspapers.
0.0%0.0%0.0%3.8%
1.9%
14.5%
10.6%
1.9% 0.5%1.3%
13.2%
0.8%
YouTube(1,718 | 194)
SocialBookmarking
(310 | 5)
InstitutionBlogs
(317 | 12)
FacebookPopularTopics
(76 | 21)
External Blogs
(367 | 26)
TraditionalMedia
(2,802 | 154)
Georgia Tech Only All Institutions
Percent of Content Considered Negative Per Channel
47
UGM channels offered equal opportunity for message communication
No UGM channel differed significantly from traditional media in message communication rates.
Among UGM channels, only the difference between external blogs and YouTube can be considered significantly different.
Due to small base sizes, these findings should be considered directional only.
18%
18%
42%
24%
42%
40%
YouTube (N=194)
Social Bookmarking(N=5)†
Institution Blogs(N=12)†
Facebook PopularTopics (n=22)†
External Blogs(N=26)†
Traditional Media(N=154)
Percent of Georgia Tech Content That Communicated One or More Strategic Messages
48
Users were engaged with Georgia Tech content when they found itGeorgia Tech’s most engaging items included a blog post about
its blowable user interface, its Grand Text Auto blog, and a video of a band member “crunking.”
External Blogs
Facebook Discussion Institution Blogs Social Bookmarks YouTube
Avg. Comments
Thread Length
Avg. Comments
Avg. InLinks
Avg. Bookmarks
Avg. Comments
Avg. Comments
Georgia Tech 18 3 2 8,246 659 105 2
Peer 1 11 3 0 590 140 22 7
Peer 2 6 2 1 762 305 40 8
Peer 3 13 5 5 1,405 206 70 4
Peer 4 15 2 1 661 169 36 4
OVERALL 13 3 2 1,687 228 59 5
Thank You!
For more information on measurement, read my blog: http://kdpaine.blogs.com or subscribe to The Measurement Standard:
www.themeasurementstandard.comFor a copy of this presentation
go to: http://www.kdpaine.comOr call me at 1-603-868-1550