Media Monitoring

Integrated Approach to PR Measurement

Media Monitoring - Oct 3, 2016

PR News Measurement Hall of Famer, Marianne Eisenmann, recently led a #AMECMM webinar to discuss how the emphasis on multi-channel marketing has blurred the lines between paid, earned, shared and owned (PESO) information sources. As we know, consumers now engage with companies or brands in many different ways—across multiple platforms and channels. As a result, measuring requires a more integrated approach, such as the AMEC Integrated Evaluation Framework, to appreciate the impact of all marketing efforts.

Marianne pointed out that your clients (internal or external) now care less about the source and more about the content and messages. She demonstrated how those messages can begin as earned media but then may be repurposed and moved through owned, shared and/or paid to boost engagement and awareness.

Marianne focused on updating your measurement model by utilizing the recently launched interactive (free) AMEC framework’s seven steps, but more specifically, what she calls the core elements of integrated measurement: Outputs, Outtakes, Outcomes.

Outputs

What you put out to your target audiences—these could be paid (advertising, sponsorships), earned (media volume and impressions), owned (web sites, partnerships, direct email), and shared (volume of social shares, posts, videos, etc.).

Outtakes

What the audience takes away from the outputs—what did they do after being exposed to your output? What action did they take—click through, subscribe, share, comment, etc.?

Outcomes

Impact of PR activity on the audience—was there a change in awareness, knowledge, attitude, opinion, behavior? What were your audience’s takeaways from your output?

After providing examples and scenarios of the three steps above, Marianne showed us a format she’s used (based on the same concept as the “sales funnel”) to demonstrate how the audience moved from the awareness and knowledge phase on to actual consideration, engagement or action.  NOTE that if you missed the live webinar, it is now available on-demand.

Once this process is completed, you’ll have solid comprehensive data that you will then “use to tell the story of how the investment in PR and these communications activities all build to take consumers through the funnel and to your ultimate goal,” Marianne explained.

As moderator, Johna Burke, AMEC North American Co-Chair and BurrellesLuce CMO, closed the webinar with a few specific questions from participants which Marianne readily answered. They both agreed, in the final comments, that the one thing we cannot do is continue to measure the old way (multiplied impressions, AVEs, etc.).

Please feel free to share your experience(s) with PR measurement, thoughts on the AMEC Integrated Evaluation Framework and/or advice to others here in the comments section.

Categories: Media Monitoring

PR Can Speak ROI With Marketing: Be Bold!

Media Monitoring - Sep 30, 2016

AMEC measurement week here in the U.S. may be in our rearview mirror, but the webinar series recaps continue. AMEC North American Co-chair Jeni Lee Chapman was joined by Aron Galonsky, Managing Director of Hotspex US, to talk about bridging the communications gap between PR/communications and marketing—specifically when it comes to ROI (return on investment).

Jeni kicked-off the webinar by sharing some results from a 2015 AMEC study (which included AMEC members from top public relations agencies, measurement firms and corporate communications).

  • 74% of the companies experienced stronger revenue in 2015 vs. 2014
  • 86% agree that PR consultancies recognize the importance of measurement of analytics (up from 72% in 2014)
  • Metrics and tracking systems are in the top 3 priorities according to the Arthur Page Society (comprised of Fortune 500 CCOs)

Photo Credit: Arthur W. Page Society

Any good measurement program begins with conversations—both with management and your marketing counterparts. Jeni and Aron agree that alignment is critical. When this is not the case, it can be difficult to prove that your PR work has increased awareness and engagement—especially when marketing is taking the credit for it (because you are not measuring). Perhaps you don’t have the data you need, or don’t have the budget, or have trouble convincing management of the need (when they just want to see volume of clips).

Five questions to ask when having those conversations, Jeni and Aron recommend:

  • What audiences are PR/communications targeting as compared to marketing?
  • How are we ensuring quality data is being used—not quantitative data that may or may not have value (such as AVEs, impressions, etc.)
  • What are the options for ROI analysis–do you have access to the data you really need?
  • Have we double-checked that we have the right input and outcome variables (tied back to the business objectives)?
  • What is the analysis plan (how do they plan to look at it)?

Setting objectives and creating your alignment model (with the AMEC integrated evaluation framework) in the right context is crucial.  So is having this plan in writing and confirming all interested parties are in agreement.

Aron discussed some of the different ROI modeling from those that are not very complex to those that are highly complex. What you choose all depends on the results of those conversations you’ve had and your subsequent objectives. “If you are not part of the equation, you are not part of the solution, he stated, after explaining key driver analysis, correlation analysis, lift modeling, market mix modeling and more.  Jeni remarked, “what gets measured, gets funded—this is what gives you a seat at the table.”

Throughout the webinar, Jeni and Aron shared some examples and case studies that really made these scenarios easier to understand. If you missed the live webinar, it’s available on demand.

One of their compelling closing comments was, “Experimenting is valid and necessary. Just doing what everyone else is doing is not enough. Be bold!”

Please feel free to share your experience(s), thoughts and/or advice here in the comments section. We’d love to hear from you!

Categories: Media Monitoring

PR Measurement: Beyond Vanity Metrics

Media Monitoring - Sep 23, 2016

http://claringtonwatchdog.blogspot.com/2008/05/efw-business-case-rubbish.html

“Sometimes just putting out basic metrics can actually hurt your measurement program and not help management see the true ROI and efforts you are putting in.” That was how Nicole Moreo began this AMEC measurement week webinar.  Well, that certainly got my attention! I thought how can reporting on basic metrics hurt my credibility?  Nicole explains.

Vanity metrics are metrics that feel important but are ultimately superficial, or worse, deceptive. What we usually think of are things like impressions, likes, re-tweets, AVEs (ad value equivalency), share of voice, mentions, page views, etc. They are not performance indicators. While some of these are important for benchmarking purposes, they should not be relied upon for actual intelligence.  In the big picture, vanity metrics actually hold you back.

So, how do we figure out what to measure?  First, Nicole cautioned, resist the urge to run out and subscribe to the latest tool or aggregator service that claims to programmatically measure for you.  She went on to outline the steps PR pros must take—before embarking on a measurement program.

Listen and Ask

Listen to senior management, your team, your clients (internal or external). Ask questions, such as

  • What is the strategic goal of the PR / marketing program, specifically the business goal? You may hear, for example, “increase share of voice” (SOV)—why? Or, “we want to put this message out on social media so people can see it”—why? What is the goal? Are you trying to increase sales? Are you trying to get people to download a whitepaper? How does that tie back to the business goal?
  • Who are the key audiences? Your program is obviously not to every single person in the universe, so precisely who do you want to reach?
  • Which platforms will be effective—based on the answers to the first two questions?
  • What are the internal KPIs (key performance indicators) that are being used? What business point does that tie back to?
  • What is the internal reporting structure?
  • What insights are you hoping for?

Once you have the answers to those questions, you want to use your metrics as a tool to tell a story (after all, that’s what public relations practitioners are good at—storytelling)!

So What?

Start with the basic metrics, like share of voice—but who are you comparing to? Competitors? Other divisions within the company? Ensure what you are comparing is apples to apples.  Engagement is also a basic metric that allows you to know how many people are actually interacting with your content and potentially have the influence to share it. Tonality (sentiment) is another that you may opt to use and there are others but start with these basics.  Then, ask again, so what? That may lead you to another point, where you once again ask, so what? Nicole recommends asking this three times will help you find the answers that offer a mix of qualitative explanations and quantitative variables.

She went on to offer specific examples, showing charts and graphs  sharing how each of them created a story of insights and intelligence that were meaningful and actionable. This was all possible by asking the right questions before embarking on the program.

Please feel free to add your own thoughts or experiences here in the comments section, and continue to check back here for more AMEC PR measurement tips from the experts!

Categories: Media Monitoring

Setting Measurable Objectives: Key to Proving PR Value

Media Monitoring - Sep 22, 2016

As you’ve probably heard, this week is PR measurement week, part of AMEC Measurement Month.

TIP: If you’re interested but not sure you’ll be able to attend one of the live webinars this week, go ahead and register—you’ll receive an on-demand playback link afterwards!

The AMEC North America chapter kicked-off Measurement Week 2016 Monday morning with a Twitter chat. The chat was followed by an afternoon webinar on setting measurable objectives, led by Mark Weiner, CEO PRIME Research North America, moderated by AMEC North America’s Co-Chair and BurrellesLuce’s CMO, Johna Burke. In this post, I’ll be recapping that webinar.

The most common PR challenge is proving the value of our work. This is often difficult because value is so subjective and individual—varying from one organization and/or person to another.   Weiner suggests the key to success is setting proper objectives and then meeting (or beating) them.

Just what is a “proper” objective? A proper objective should be three things:

  • Meaningful – must be tied back to the organization’s goals (e.g. increasing business performance such as sales or stock price, optimizing labor by attracting and retaining top talent, avoiding loss by averting a crisis or potential reputation disaster, etc.)
  • Reasonable – openly-negotiated, aggregate opinions of top executives and discuss what is really reasonable, then get confirmation and approval to proceed
  • Quantifiable – must answer what, who, how much (by what amount should the metric change) and when (not open-ended)

Let’s focus on the quantifiable objective-setting process. In my experience, this is the step that stumps many of us.  Weiner suggests you take these steps:

  • Review past performance by looking at past objectives and the results, compare to competitors, and determine what would be a realistic increase.
  • Document the public relations objectives in writing (being sure to answer the who, what, when and how much questions).
  • Share the objectives with the executives with whom you originally spoke and with anyone who may be involved in resource allocations, negotiate final details and get authorization to proceed with the plan (as well as publishing the final plan with key executives).

The webinar wrapped-up with an objective-setting checklist (mainly covered in the previous two paragraphs) and examples of what are not proper objectives.  The examples included actions or activities (such as “create press release”, “plan special event”), and goals or aspirations (such as “get more media placements”, “improve brand reputation”. These may move you toward achieving your objective, but are not objectives in and of themselves.

In his final remarks, Weiner cautioned, “Objectives are not fate, we have to work hard to set and meet objectives. They provide direction, help departments prioritize, focuses energy and helps management align with public relations. Objectives must be specific, measurable and unambiguous.”

I want to thank Mark for all this great information and guidance, and invite you to add your own thoughts here in the comments section.

Continue to check back for more posts recapping many of this week’s PR measurement activities!

Categories: Media Monitoring

Stop “raising awareness.” Just…please, stop.

Media Monitoring - Sep 1, 2016

By Debra Bethard-Caplick, MBA, APR

 

As a university PR instructor, PRSSA Bateman competition and PRSA Silver Anvil I’m going to let you in on a little secret: “raising awareness” doesn’t do anything for your boss. It’s become a lazy way to write objectives that doesn’t help you demonstrate the success that you know you’ve achieved. It’s what you do with that awareness that matters to your organization. You need to move beyond awareness and into real action – and it’s that difficult. All it takes is a slightly different way of looking at what you’re doing.

Think for a moment about how you craft key messages for your target audiences when you’re preparing a PR campaign. Would you use words and terms they don’t understand? Of course not. So why would you do that when communicating with CEOs and other non-communication executives? You need to treat your colleagues like a target audience, because they are one, and can possible have the biggest impact on whether your campaign will succeed or not. You understand the implications of increased awareness, reach, and impressions, but what about your CEO or CFO? Probably not, so it’s up to you to both educate them, and to use terms they understand, namely, dollars and cents.

What are your organization’s business goals? Sales objectives? New accounts? These are what you should be incorporating into your communication goals, because they are results that non-PR managers understand. They have no clue how awareness impacts on what they’re trying to achieve. In the case of nonprofit organizations, this is measured in terms of overall donations made, new donors, additional donations from existing donors, etc. CEOs of for-profit organizations. You can slice and dice it any way you like, but money is the crucial element for all organizations.

If you remember, a couple of years ago the internet and news media were filled with the Ice Bucket Challenge. Seemingly everyone was doing their best to turn themselves into human Popsicles® and to convince others to do the same. It was fun to watch, it was interesting, and it went viral. Within just a few weeks, it was hard to find someone who hadn’t seen at least one video of someone dousing (or being doused) with ice water, especially as celebrities started joining in and ever more elaborate ways to drop the ice and water were dreamed up. Increased awareness? Absolutely. But awareness without action is an empty objective. The whole world can become aware of your mission, as happened with the Ice Bucket Challenge, but if they didn’t convince people to take action beyond the act of dumping ice water on their heads, they’re no better off than they were before.

Now I’m going to let you in on a little secret: we’re human. I know… big surprise. We’re attracted to the shiny things in PR. Who wants to slog through boring plans, when there’s all kinds of bright, shiny tactics just tantalizingly hovering out there, waiting for us? It’s much more fun to film human Popsicles® than it is to develop donation materials. But those donations are what the people at the ALS Association need in order to fund their mission of finding the cause of and a cure for amyotrophic lateral sclerosis and to support ALS patients and their families. Building those donation amounts into your objectives gives you something to work toward and measure how effective your tactics are.

By the simple act of building a forfeiture option into the challenge, allowing those challenged by friends to make a donation to the participating ALS organizations instead of being doused, increased awareness was converted into action, as donations poured in. And dollars and cents are easy to count – especially for CEOs. The New York Times reported on July 27th that the Ice Bucket Challenge raised $115 million for the ALS Association, with $77 million going to research and another $23 million to patient and community services. Even better, the ALS Association just announced that the money raised had funded the discovery of a gene tied to ALS. Those are numbers to make any CEO – and Silver Anvil judge – ecstatic.

Categories: Media Monitoring

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