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1. Marketing and PR metrics
Two types of metrics are used:
-
evaluative (help you measure the real efficiency of your campaign, showing how
your (PR) objectives were actually reached)
Editorial Survey
What they actually did (real behavior). They are EVALUATIVE
1. Metrics
Asked for more information
Subscribed
Renewed a subscription
Purchased
Increased the amount of purchase
Increased the frequency of purchase
Referred
Testified
Volunteered
Sponsored
Avoided an adverse behavior; e.g., didn't boycott
Changed attitude
Improved perceived image etc.
2. Tools
Readership Survey
Public Survey
Reverse Tracking (reasons for selecting a brand, after selection)
Isolation (test in an isolated store/community)
Classical Tracking; e.g., clicks, leads, coupons, buys
A-B Split
Rotation
Observation (sometimes)
Various quantitative researches, mainly surveys
Popular PR Metrics
There are five popular PR metrics. These measurements help you analyze the media
coverage that your public relations program stimulated.
These are navigational metrics. They can help you navigate your program in the general
direction of higher profitability. Navigational metrics can't actually do anything
toward measuring your profitability, but evaluative metrics can.
Here are brief descriptions of the five metrics, with links to detailed descriptions.
Clip Counting
The one measurement technique that is used by almost all PR people, on both the
corporate side and the agency side, is Clip Counting. This consists of watching for and
gathering all the media coverage relative to the company (or client) and summarizing it in
some way, usually including a statement of the number of stories and mentions, and often
an overall description of the total coverage.
Usually, this information, along with copies of some or all of the clips, is packaged into a
monthly or quarterly report to senior management. For more detail, including strengths
and weaknesses, see Clip Counting.
Media Impressions
In addition to clip counting, many PR people tote up Media Impressions (analogous
to impressions in advertising). In other words, the PR people do a simple calculation of
how many people were theoretically reached by the media coverage, via any print or
electronic outlet.
I say "theoretically" because, just as in advertising impressions, this metric counts a lot of
people who did not actually read the coverage (and people who did not even glance at the
magazine page where the coverage appeared, or even at that issue of the magazine).
It also counts a lot of people who were out of earshot when the coverage was on the radio
or television.
See Media Impressions for more detail, including strengths and weaknesses.
Accuracy of Coverage
Accuracy of Coverage goes a step further than Clip Counting and Media Impressions; it
considers not only the quantity of media coverage but also the quality. See Accuracy of
Coverage for details, including strengths and weaknesses.
Content Analysis
Content Analysis drills even deeper than Accuracy of Coverage; it identifies issues and
messages and often includes rich detail. It produces reports that can capture the attention
of senior management (or a client) and can spark discussions of PR strategy and longterm PR goals. In part for these reasons, it is a popular tool among PR people. For details,
seeContent Analysis.
Advertising Value Equivalency (AVE)
This is a very controversial metric; it is an attempt, in good faith or otherwise, to put a
dollar value on media coverage. Although it appears to be an evaluative metric (it
"measures" PR in dollars), the dollar-denominated calculations have nothing to do with
profitability, and can confuse senior managers who are not familiar with marketing
metrics. See Advertising Value Equivalency (AVE) for more detail, including strengths
and weaknesses.
That completes the summary of the five popular PR Metrics. For a complete list of all
metrics mentioned on this web site, see the List of Metrics and Tools. It shows which
are navigational and which are evaluative.
Din: http://mashable.com/2014/08/21/pr-vanitymetrics/
How to Shift PR From Vanity Metrics to Value-Driven
Measurement
This article is part of SWOT Team, a new series on Mashable that features insights from leaders
in marketing, brand-building and public relations.
Vanity, to any degree, is typically a substitute for things (or people) that lack true substance.
The truth is, in our modern, self-obsessed culture, we all suffer from some level of vanity but
beyond a certain threshold, it shifts from tolerable to destructive.
We've all heard stories of the stereotypical wealthy playboy who invests in nightclubs in Miami,
L.A., New York, and St. Tropez to bolster his image and access to lines of stilettoed girls. These
"vanity businesses" as they are often referred to propagate one's intent to derive value from
things upon which, outside their own self-generated bubble, are meaningless.
PR, I'm afraid, has inadvertently fallen into the pattern of the archetypal wealthy playboy. Not
entirely by its own fault, but because like the playboy PR seemingly doesn't have any viable
alternatives.
For years, the industry in aggregate has struggled to prove its value, lagging behind in
technological innovation at least from a quantitative standpoint. The very fact that PR exists
and commands budgets is repulsive to some; therefore even proponents of PR often meet it with
suspicion and skepticism.
Can't live with it, can't live without it.
To assuage PRs reputation as a profession that lacks any measurable merit, we have been
forced to construct a non-automated, yet systematic approach to customizing data. This will help
PR professionals defend our seat at the marketing table.
So, what are the current "vanity metrics," and how can we think about the value of PR in a
different way that will provide long-term benefits? Read on.
Lets say, for sake of example, that every day I walk by one hundred men on the street. They look
me up and down but never say a word; they just mosey on by. "Wow!" I may think. "I've made
quite an impression on those men, perhaps one of them will turn round, come up to me, ask for
my number, take me on a date, then marry me."
Now, I'm not completely incapable of romantic fantasy, but this is highly unlikely. If you were my
friend, you'd tell me that I was out of my mind, and that I need to get a grip.
Im sorry to be the bearer of bad fantasyland news, but in the world of PR, 5 billion eyeballs
scanning a headline of your very sexy press release doesn't actually have any measurable
impact. Its a nice-big-fat-juicy-number, but it will not map to insights about your PR activities; and
it will not enable you to make better decisions about the brand you represent.
What to measure: Map traffic to your website directly attributed to PR activities. It will be a much
lower number than the impression number, but will give you a more accurate depiction of your
key audience segments interest in your brand.
Once the playboy is out of the picture, you've got room to pursue something tangible which
won't leave you banging your head against the proverbial wall, hoping for a better result.