Tag Archives: measurement

More Marketers Getting Engaged

Two great articles from last week on marketers’ shift from impressions to engagement as key performance measures:

The first, from our good friends at the Harvard Business Review, authored by Coca-Cola Executive Vice President and Chief Marketing & Commercial Officer Joe Tripodi, profiles the corporation’s growing interest in harnessing the power of brand advocates in pursuit of doubling worldwide revenues by the year 2020.

“In the near term, ‘consumer impressions’ will remain the backbone of our measurement because it is the metric universally used to compare audiences across nearly all types of media. But impressions only tell advertisers the raw size of the audience. By definition, impressions are passive. They give us no real sense of engagement, and consumer engagement with our brands is ultimately what we’re striving to achieve. Awareness is fine, but advocacy will take your business to the next level.”

Tripodi notes that Coca-Cola-related content generated 146 million views on YouTube, but only 26 million of those views were of content actually created by Coke! Wouldn’t it be great if you had your marketing messages amplified by a factor of five-and-a-half?

The second article, by Weber Shandwick’s Tim Marklein, offers an excellent practical guide for marketers seeking to align impressions with expressions when measuring the impact of traditional and social media messages. His advice:

  1. Integrate analytics across multiple channels;
  2. Track engagement and impressions in parallel; and
  3. “Contextualize,” which is my favorite point of all:

“[I]f you’re targeting consumers, then USA Today (3.3 million daily readers) might be valuable to you because of the audience and media context within which it appears. If you’re targeting business leaders, then  WSJ.com (12 million monthly readers) is probably more beneficial in reaching your broad audience.  The industry blog (10,000 daily readers) might be a more targeted way to reach specific decision-makers who would buy your company’s product.

Now let’s add engagement into the mix. Generally speaking, people consume daily newspapers in a passive way with limited engagement.  While newspapers certainly impact opinions and behaviors, that impact is hard to track and fragmented across a broad audience.  With the WSJ.com piece, by contrast, advocates and detractors alike can easily share it via email, blogs and Twitter.  The industry blog might only have 10,000 readers, but they might be ‘the right 10,000′ — and if it’s a good blog, then they’re actively sharing, debating and commenting on the post, which extends the reach through trusted peers and leads to even more engagement.”

There is strength in numbers to be sure, but real growth comes from engagement.

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Filed under Return On Investment, Social Media

How Do You Measure Your PR (Wo)man?

“By height.” (Sorry, Caddyshack reference there.)

Or by using the new Barcelona Principles, crafted by the 200 of the public relations industry’s leading researchers. Personally, I think they were all just looking for a way to write off a vacation to Catalonia, but I would have done the same if they had invited me. (I have attached a copy of the Power Point from posted by the PRSA that you can download by CLICKING HERE.)

The seven basic measurement principles emerging from Spain:

  1. It’s important to set goals and measure your PR efforts (duh).
  2. Outcomes are more important than outputs (in other words, don’t confuse activity with achievement)
  3. PR should impact your bottom line (it’s more important to look good than to feel good)
  4. One should measure the quality of the messages that appear in the media and not just the volume of news coverage a PR program generates
  5. Advertising equivalency is not an accurate measure of PR value (hurray!)
  6. Social media can and should be measured
  7. Transparency and “replicability” are important

I am pleased to see the PRSA get behind these principles and hope that marketers around the world will invest in the pre-, intra- and post-campaign measurement programs that will bring accountability and credibility to the PR industry as a whole.

I’ve been earning my living in PR for 18 of my 21 years in marketing communications, and I’ve had more than one disagreement over how to quantify my teams’ efforts for clients. I’ve always suspected that advertising equivalency and gross impressions were bogus numbers and fuzzy math, but in many cases, they were the only numbers on which client and agency could agree.

I see hope for the industry now that we’re applying sound logic to measuring all facets of PR and its very real impact on sales and revenues.

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Filed under Return On Investment