Analytics Is King

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  • Size Doesn't Matter...In Social Media

    • 2 Aug 2010
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    • AVEs Dell Influence amber naslund bob pearson impressions social media social media influence
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    Stop me if you've heard these before:
    • We're going to calculate the total number of impressions
    • Then we're going to apply the famous PR multiplier to the total number of impressions
    • Maybe we can apply advertising value equivalencies. Because, you know, advertising and PR carry the same value for a brand (sarcasm)
    • Lets find the total number of fans a person has
    • Then lets find their total number of Twitter followers
    • I'm also interested in how many posts have been written about my brand/industry
    • They write for the New York Times, or Wall Street Journal so they must matter to my brand.
    Guess what? All of that is bullshit. OK, maybe just PR multipliers and AVE's. The rest aren't total BS, when placed into context. We know that a brand engaging in social media, at its core, is attempting to influence a consumer, or potential consumer, into doing something. Most often it is buying your product, but you could be using it to respond to customer service inquiries. Or maybe you are using it to just gain market intelligence (read: listening only). Or maybe even using it as an employee recruitment tool. Or, finally, using it as an internal communications vehicle. No matter what your purpose in using social media is, looking at raw numbers (like the ones listed above) is pretty meaningless (just like in traditional PR, actually). I mentioned during the #DellSTU SMaC Unconference last week that one day I hoped we would get over our love affair with size. The anecdote I used was that just because Amber Naslund (she was sitting next to me at the time - I wasn't picking on her) has 20,000+ followers on Twitter doesn't mean she's relevant to your brand. AHHHHHHHHHHHHHHHHHHHH, the magic word: relevancy! If Amber has written 10,000 tweets, or 500 blog posts in the last year, how many of them relate to my brand? If only a handful are related, then how is she influential for me/my brand? On the other hand, if you take Joe Smith who has only 5,000 followers, half as many blog posts and half as many tweets but is writing more on topic content than Amber isn't he more influential? I would postulate that he is. Taken another way in traditional communications.... We love the big name writer from the New York Times or Wall Street Journal or Forbes, but what we're not taking into consideration is how much they write about us, or our industry. Just because their content is widely syndicated, or their publication has several million impressions (gag me, please), does not make them influential for you. My boss, Bob Pearson, is fond of saying that there are likely only 50 or so people shaping your brand online at any given time. Underlying that is the notion of relevancy. Just because they have a lot of followers, impressions, etc... doesn't mean they are relevant. Before your boss asks you to reach out to someone via traditional media or social media, take a second to figure out whether or not they are relevant to your brand. It might just save some swings and misses down the line
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  • Influence: The Hardest Easiest Concept on the Web

    • 14 Jul 2010
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    • Influence amber naslund fast company measuring influence online influence social media analytics
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    I’ve been amazed watching the sheer volume of conversation around the Fast Company Influence Project. Can’t we all agree once and for all that it’s a really poor representation of influence online? I mean, spreading a unique URL in the hopes that someone clicks on it, signs up and starts the project themselves is an appropriate metric for influence? In the words of my friend, David Mullen, “hogwash!”
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    Amber Naslund wrote a truly excellent post (please check out Brass Tack Thinking if you haven’t already) in response to the project that received a lot of fantastic comments and sparked a question in my own mind: Are we making the definition of online influence harder than it needs to be? I tend to think the answer is an emphatic yes! I’ll agree that it’s very difficult to make sweeping generalizations on who (or what) is influential across verticals. I’ll also agree that it’s difficult to make assumptions on influence given the diversity of goals that every brand has online. However, I think what we’re talking about can be boiled into a relatively simple equation: Individual Influence + Outlet Influence = Overall Influence. Let’s hit each of those individually… Oh, one quick note – I’m only providing metrics for demonstration purposes. These shouldn’t be used in your campaign unless you feel that they align with your program’s goals. Please don’t cut and paste otherwise I’ll hunt you down :-). Anyway…
    1. Individual Influence – Each brand is going to have a different definition for how influential a person within their micro community is on other members of that community. What we’re really wanting to know is how relevant is their content (related to a particular), how many people are they (or could they) reach, how much content are they producing (without spamming us) and how often their content is picked up by others.  There are metrics you can obtain pretty easily that underlies each of these categories, but I think it makes sense for you to start at that level and match metrics to each category that also align with your goals.
    2. Outlet Influence – Again, every brand is going to place varying weights of importance on the different channels. Some will place more emphasis on blogs, while others will think forums are most important. Ideally, to define influence within your online community, you’re taking into account a variety of channels, but understand that most aren’t going to go to that level. Whether you’re looking at inbound links for a blog, or total visits for a mainstream news outlet, or total authors on a forum, your goal is to quantify (ideally you’re looking at a bunch of metrics) how strong that Web site's strength
    The trick, in the end, is bringing those two areas together to provide a meaningful overall metric or score. I know there are a bunch of metrics underneath each of those categories, and I know I’m not giving them to you, but I think this easy categorization can help you start to get your head around influence online. Happy to try and answer specific metrics questions underlying this in the comments.
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  • The New Year Brings New Relationships - But Don't Forget About the Old Ones

    • 29 Dec 2009
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    • Amber Naslund jay baer networking social media
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    This post would've been out of character for my Dix & Eaton blog, so I figured I'd jot some thoughts down and hopefully hear from you...

    I think we can agree that 2009 was a trying year. We're working harder than we've ever worked and doing so with fewer resources. We know plenty of talented friends who have lost their jobs during the last 12 months. I'm sure we also know plenty of people who are stuck in a role they'd rather not be in, but are staying there because of the current economic situation. 

    With the new year comes tremendous hope that things will be different. Not to burst your bubble, but the chances of them being different without you doing something about it is very small. At least for me, 2009 presented a fantastic opportunity to network, and get to know people through social channels that I would've never had a chance to meet otherwise. Make sure you check out Amber Naslund's interview by Jay Baer where she makes a very similar point about geographic barriers being torn down by social media. So I'd encourage you to continue expanding your network using the social channels that you use in 2010. 

    However, I hope you wont lose track of the relationships you've already built in 2009. Some of those active in social media have shiny object syndrome. Before we've completely explored all of the opportunities presented to us by the current tool we're wondering what the next new shiny object can do for us. In our race to measure fans, followers, blog comments, etc...I hope we don't lose sight of what makes these channels great: the people. Without them, you're (we're) nowhere. Yeah, before you kill me, measurement is important. We need to know the value we are getting, but my hope is that we can develop relationships and measure value simultaneously. 

    Am I saying don't be forward thinking? Am I saying don't expand your network? No, not at all. But if you're always focused on expanding, or coming up with the next big thing, who's going to be left to watch the store (if you'll allow)? I'd argue that expansion, without continued development of your existing network is cutting off your nose to spite your face. Don't be lured by potential - be lured by what's already proven fruitful for you. Continue developing the relationships you've already built and you won't be disappointed. 

    Here's to an awesome 2010! 

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  • Social Media Time Management

    • 1 Dec 2009
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    • Amber Naslund social media
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    For those getting started in social media, i'd highly recommend checking out Amber Naslund's e-book on time management. Great content. 

    <img style="visibility:hidden;width:0px;height:0px;" border=0 width=0 height=0 src="http://counters.gigya.com/wildfire/IMP/CXNID=2000002.0NXC/bT*xJmx*PTEyNTk2Nzg1MzI2ODkmcHQ9MTI1OTY3ODU1Njc4MiZwPTEwMTkxJmQ9c3NfZW1iZWQmZz*yJm89YzI5OWFlZDVmN2M2NGRlNDk5MWFhZGUzZWNjZDcyZTcmb2Y9MA==.gif" /><div style="width:425px;text-align:left" id="__ss_2618863">Ebook: Social Media Time Management<div style="font-size:11px;font-family:tahoma,arial;height:26px;padding-top:2px;">View more documents from Amber Naslund.</div></div>

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  • About

    I am the Manager of Research and Online Reputation for Dix & Eaton. What does that mean? Well, when I figure it out I will be sure to let you know.

    In all seriousness, I spearhead the firm’s efforts in the areas of social media monitoring & measurement, financial research and analysis, competitive intelligence, market research, issue and media monitoring and stock surveillance. That research provides critical inputs into the strategic development and execution of marketing communications, digital communications and media relations programs.

    How do I plan to use Posterous? This is likely to be a "digital notebook," of sorts, for me on a wide variety of topics including social media, social media monitoring and measurement.

    Lets see where it goes....

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