Analytics Is King

Content is the Queen

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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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  • Content is King.... Or is it?

    • 11 Jul 2010
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    • bob pearson content is king ken burbary next practices social media social media analytics
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    "Content is king." How often over the last 12-24 months, as social media has really exploded, have you heard that phrase? Probably more times than you can actually count, right? I know I've heard it a bunch. It's one of those "buzz" phrases that causes everyone in the room to roll their eyes. Why? Well, it's easy. We all know that content is important, but what people really want is a road map that helps them identify what content, specifically, will resonate with people. Brand leaders (ones not living under rocks) know that company's are successfully engaging in social media. The ones who are still sitting on the sidelines are doing so because they aren't sure where to get started, and what content they should use to reach their customers. I've spent the last few years studying/helping to implement "next practices" (thanks to my boss, Bob Pearson, for that one) in social media and can say definitively that where brands fall down is in the lack of adequate pre-launch research. Realize, that as much as we talk about doing pre-launch research in social media there are still plenty of brands engaging in a practice known to many weekend golfers as "hit and hope." "Lets launch our Facebook, Twitter, YouTube or Flickr channel because everybody else is doing it." Or, "we have tons of content that people care about." And even, "we know because we've used it in press releases, our Web site and in media pitches." Guess what? They often don't care. This, my friends, is where research comes in. Are you doing pre-launch listening? How are you combining those findings with offline research that your market research team has conducted? Are you truly identifying who the influencers are in your space? NOTE: There's definitely some very cool, and more scientifically sound methods to define influence in your space then what Fast Company is doing. More of that to come in future posts. These aren't the only questions that need to be answered, but are likely the primary ones you should be focusing on. So where does that leave us? Well, I think based on the title of this blog, and the first part of this post you'll realize how important I think research is for brands. It's essential. So much so that I think analytics is the true king. Oh, don't get me wrong, I think content is important. But without solid research your content is likely to miss the mark. This blog will be talking a lot about "next practices" in social media research. Sure, we'll be talking a lot about general social media issues as well, but we'll eventually gravitate back to analytics. Hopefully I will give you plenty to think about, and implement in your own programs. If there are things that are eating at you now, just drop in a comment and we'll tackle them one-by-one. Looking forward to embarking on the journey with you!
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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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