Philip Sheldrake

Category: Measurement & Analysis (page 6 of 7)

9 October 2009 / 0 Comments

Friday Roundup – Monitoring Social Media 09

I thought I'd highlight some great contributions on the subject of mobile in today's MarCom Professional Friday Roundup, and then point you to an event covering a topic close to my heart, social Web analytics (my ebook on the topic is here).

So, first up, the ever vigilant Andrew Grill always points his readers to useful stuff. This time it's the latest publication from Bena Roberts at GoMo News, a collection of insightful essays on all things mobile.

And David Knowles aims to inject a dose of realism into the iPhone app craze. If you're intent on getting an app out there, here's what you should know about what's working and what isn't.

Monitoring Social Media 09 is bringing together social media monitoring experts and suppliers with PR and marketing professionals for a one-day conference in London on 17th November 2009. Speakers from Nielsen Buzzmetrics, Market Sentinel, Brandwatch, Edelman, The Conversation Group, and the UK's #1 PR blogger, Neville Hobson, will be discussing issues such as ROI, sentiment analysis, reputation management, infuence detection and data quality. (There's an early bird ticket until 17th Oct.)

I'll see you there.

Best regards, Philip and the MarCom Professional team. Read more

26 June 2009 / 0 Comments

An outline of the Influence Scorecard

It has been a busy year for me with my departure from Racepoint Group following my so-called "transition period" and my setting up a new consultancy. So apologies for the delay in getting back on the topic of the Influence Scorecard.

It hasn't been far from my mind, particularly following the oodles of positive feedback in January and February, and believe you me, I'm intent on taking up your expressions of interest to meet before the year is out to take this forward. I want to collaborate with you. I want to find the most forward thinking social Web analytics vendors and forward thinking CMOs to put this into action, and commence the empirical fine tuning of the approach.

Most encouragingly, I have had fourteen companies in the social Web analytics space express their intent to get involved.

So I'm leaping back into it with a SlideShare presentation. It's concise. It's an outline, and focuses on the what rather than the how. Read more

5 June 2009 / 0 Comments

Tell us about an ad you've come across and loved today

This was the question I posed upfront at the Convergence Conversation I chaired last night. The topic of the conversation – “Advertising and the impact of convergence”, and a topic sufficiently compelling to attract 80 people on a summer’s evening.

Deloitte kindly hosted us, with Jolyon Barker, their Head of TMT, kicking off proceedings, and Knowledge and Research Director Paul Lee presenting an overview of their third “The state of the Media Democracy Survey”. One of the reports main findings is that, following a survey of 2000 Brits, 60% regard their computer to be the premier entertainment device, relegating TV to second place. Not an inconsequential finding for the advertising industry.

Which begged a second question “What is TV?”, and this garnered more responses than my first question of the evening, which went uncomfortably unanswered. How could such a simple question about describing a great ad, particularly when we have hundreds every day to chose from, draw such a blank response? (I've posted here one of a series of ads from Lloyds TSB that I loved because they tell a story rather than simply hit me over the head with a product.) Read more

21 April 2009 / 0 Comments

Meltwater, visualising influence and a big sphere that might not fit conveniently in your office

The Meltwater Social Web Analytics team came round today to tell me about their plans for their service. They are starting out with the confidence and aggression that typified Meltwater's entry into the 'traditional' media monitoring six years back... and they've done pretty darn well in that regard.

For speed to market, they are currently white labelling Techrigy's rather nifty SM2 service (shout out to @aaronnewman), and I understand this will form a 'base' or a foundation for their endeavours going forward.

I enjoyed our conversation. In the short hour we had together we covered approaches to quantifying influence, assessing Twitter, semantic analysis approaches to gauging sentiment (aka tone), the growth in the number of Social Web Analytics vendors, the importance of the UI and 'prettiness' of charts, and pricing.

We debated my assertion that no one service serves all needs right now, and that a stable of differently capable services (often at different price points) is required. We even had time to chew over how Racepoint Group has achieved such distinct leadership in this field :-) and the prospects for data visualisation.

Data visualisation

Which is a super segue to another couple of interesting videos on my continuing obsession with and search for data visualisation technology and approaches to assist PR consultants in influencing and be influenced more effectively and efficiently. Read more

17 April 2009 / 0 Comments

Friday Roundup – AVE v SWA

AVE. Three little letters I thought had been dragged and dropped into the PR waste basket some years back. Right next to "column inches", you know what I mean. Yet I have come across Advertising Value Equivalent no fewer than four times this week, coincidentally and oddly.

The first definition returned by a Google search is provided courtesy of SourceWatch: "...to 'measure' the benefit to a client from media coverage of a PR campaign". The description goes on to describe how you ask yourself the question "Mmmm, how much would this space have cost me to buy advertising stylee?" and then you multiply that by, oooh I don't know, 3, or 4, or 10?

Public Relations is about exerting influence and being influenced. We do this by sparking debate. Creating stimulating content, and demonstrating insight, passion and leadership by finding and starting conversations about the issues that matter to the marketplace, to our customers and prospects, and to our customers' customers.

What's the AVE of that conversation exactly? Read more

7 November 2008 / 1 Comment

Giving your PR a work out; exercising your PR in tough times

I received three emails on the back of my post last week "When the going gets tough, the tough get communicating - or why the tough need muscles". I guess getting emails rather than comments underlines the more private nature of such discussions. The post finished by promising to come back with "ways to get your marketing communications to the gym", and that's the subject here.

If you have a good personal trainer, what do they do for you? They bring discipline. They set targets and encourage you to meet them. They don't waste your time with activity that doesn't contribute to hitting those targets. They keep track of progress and get to know your strengths and weaknesses, literally, and often better than you.

In many ways, this is analogous to your public relations consultancy. As I said in my last post, your marketing communications is muscle and not fat. If you work with a great consultancy, this muscle will be toned and responsive to current market conditions and challenges (if it’s not, change it today). Read more

1 May 2008 / 0 Comments

Social Web Analytics – my upcoming ebook and a case of cobblers' shoes

Two weeks ago, I posted about the fast paced field of Social Web Analytics. I presented a definition of these tools, expressed my intent to write an ebook on the technology and the main vendors, and listed the vendors I intend to cover...

I also invited anyone with experience of wielding these tools to get in touch so I can include comment and insight from them.  This invitation is still open. Read more

17 April 2008 / 0 Comments

Listen. The Science of Social.

I have been invited to no less than a dozen seminars, training courses and conferences about social media in the last month or so. In case you didn't know, social media marketing is quite hot at the moment! Having presented on blogging for business since 2002, before this stuff got its own shows, and even mooted the death of market research in 2006, it's fascinating to see how quickly people cut and paste together their own position on this stuff.

One glaring betrayal of the 'social media practices' that have only recently assembled their facade is their ignorance of the power of listening. They will tell you just how they will be your voice on the social Web, but too rarely do they volunteer to proxy your ears.

Listening to one person isn't easy; active listening is a discipline. Imagine then trying to find, tap into and track one hundred conversations, a thousand, ten thousand; and interpretting this information... turning it into knowledge that informs your marketing strategy and tactics.

Social Web Analytics

This forms a large part of what we call social Web analytics. We define this as the application of search, indexing, semantic analysis and business intelligence technologies to the task of identifying, tracking (listening) and participating in the distributed conversations about a particular brand, product or issue, with emphasis on quantifying the trend in each conversation's sentiment and influence. Read more

29 February 2008 / 0 Comments

Engagement Mapping: the what but not the how

When does advertising pay? Apparently, we're getting closer to knowing courtesy of Microsoft.

The advancement from paying for eyeballs (CPM – cost per thousand times an ad is shown) to paying for click-throughs (CPC – cost per click), appeared at the time to be the ad industry’s nirvana. And then came click-fraud and CPA.

Now if only ‘A’ stood for Acquisition, then we could all go home. Pay £1 ad cost every time you acquire a new customer for your new £50 gizmo (ie, a sale), and advertising becomes a predictable and precisely quantified cost of sale. In this instance, 2% exactly; not 1.9% nor 2.1%.

But that ‘A’ means Action, and that Action may be an acquisition, but more generally it refers to getting a prospect to fill out a form, leave their contact details, sign up for a newsletter, etc. Mmmm, still as much an art as a science then. Read more

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