Top Social Media Monitoring & Measurement Posts of the Week

July 31st, 2009
Posted by: Hannah Del Porto
Posted in Media Management, Media Measurement, Resources

Public relations measurement is at a crossroads. Old techniques are no longer sufficient. Old metrics are no longer applicable. Old thinking must be replaced by new. The need for accountability, and to prove the value of PR and social media programs, has never been greater. As we look to the next year, here are five things to forget and five things to learn about public relations measurement in 2010.

So, please – enough with “return on influence” and other variations on the term “ROI.” The fact that you’re not measuring ROI doesn’t mean you’re not measuring success or impact. In fact, it may just mean you’re measuring the right thing.

Just as brands conduct audits of inventory, employees, and budgets on an often annual basis, they should also survey the landscape to find out what customers, influencers, partners and employees are participating on the social web. Audits are key for identifying priorities, benchmarking previous efforts, and planning for future efforts; the same applies for social media.

Companies are now requesting and social media companies are delivering control-group studies to evaluate the impact of social media campaigns. They want to understand precisely how these campaigns make the cash register ring. Consider this example of a campaign we just completed on Gather.

The issue is the balance between the ‘information farming’ – simply sucking up mentions and comments – and ‘value hunting’ – using that information to advise clients and deliver actions that use it to deliver reputational or sales value.

By now, most companies are aware that there is a discussion about their brand going on. They also know that they can track and monitor this discussion via a wide variety of tools such as Radian6, Techrigy’s SM2, Twitter Search, Twitalyzer, Social Mention, and many more. The question now is, “What should I pay attention to? Which metrics will actually tell me something about my business?”

Okay, I have shown you my sinister nature by revealing some of my goals. How do I measure how well I am doing in moving along the path to achieving these goals? I use John’s Twitter Engagement Index.

Your customers are talking about you — and the whole world is listening.

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Photo courtesy of Lumaxart.

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2 Responses to “Top Social Media Monitoring & Measurement Posts of the Week”

  1. Top Social Media Monitoring & Measurement Posts of the Week | pr news Says:

    [...] the rest here:  Top Social Media Monitoring & Measurement Posts of the Week Tags: apr, impactwatch, measurement, media, media-management, media-measurement, media-monitoring, [...]

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