Tag: socialwebanalytics (page 1 of 2)

Your "Awesome Analytics Advantage" starts today

In my presentation at Monitoring Social Media Bootcamp 2010 last month (embedded below for your convenience) I dedicated a slide to something I referred to as the "Awesome Analytics Advantage", making those organisations achieving this advantage "Triple A"!

Fundamentally, this advantage is manifest via the intelligent connection of traditionally siloed analytical services and databases....

retail analytics + web analytics + social web analytics + CRM + sRM + business intelligence + Internet of Things data analytics = Awesome Analytical Advantage!

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Well, I've just enjoyed a 50 minute webcast by SAS, featuring the queen of measurement herself, Katie Delahaye Paine, during which SAS presented their new social media analytics service and answered questions from the floor and via Twitter (hashtag #sassma). My conclusion... Read more

Influence – The bullshit, best practice and promise

Here is the presentation I just delivered to Monitoring Social Media Bootcamp.

It seems to have gone down well from the Tweetstream (some Tweets cut and paste below). Thanks so much to the panellists, particularly as you had approximately zero seconds to prepare!

UPDATE 2nd April 2010: I'm delighted that my presentation on slideshare.net has, according to emails I received from slideshare, been their most discussed document on Twitter and Facebook, globally! That means the presentation was promoted to their homepage too. How cool is that?

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PR and Web 3.0… a call to action

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Four things struck me in 2009. They are part of a bigger picture that means that public relations practice is about to undergo another change that will be as great this coming decade as it experienced during the last decade...

1. Web 2.0 participation

I dislike the 90:9:1 ratio of passives:occasionals:enthusiasts with respect to the "write" part of readwriteweb. In other words, 90% of people online don't contribute anything, they remain passive consumers. 9% contibute content and interact now and then, and 1% are passionate bloggers, video makers, photo takers, wiki updaters etc. Read more

How the Influence Scorecard radically transforms marketing and PR

OK, so the title of this post grabbed your attention. Regular readers will know that we ran the first Influence Scorecard workshop in New York last week, and I took the action to diagrammatically represent the journey we've embarked on. And here it is. And you can track its progress, indeed join our team, at http://influencescorecard.wikispaces.com.

influence scorecard architecture draft

This is a first stab, and at a guess represents a three-year journey, at least for the early adopters most aggressively seeking competitive advantage via their approach to all six influence flows.

That's contingent of course upon the leading social Web analytics vendors quickly picking up this approach and developing their products and services accordingly. Read more

The first Influence Scorecard meeting

Thanks to all you lovely social Web analytics people who've emailed me about your excitement and concerns regarding the Influence Scorecard. I'm also delighted that Katie Delahaye Paine and Charlene Li have expressed their desire to be part of this (although to be fair I haven't checked back with Charlene since February... are you around next week Charlene?)

I do appreciate your enthusiasm, but of course I wanted to post here about your concerns too. Once we have these concerns out of the way, it would be great to get these conversations into the public domain so I don't have to write long blog posts keeping everyone up to date!

Given that I've been asked, let me start by saying why I love this space. Quite simply, it combines several passions of mine: organisational efficiency and effectiveness; the Internet and information technology; social media, democracy, consumer empowerment and community invigoration; mathematics and data visualisation.

But that's me. What about the analytics industry? Why should competitors get in a room and tease this out collaboratively? That's the concern some of you have raised, and there are two responses to this question. Read more

The increasingly crowded market of Social Web Analytics

In Brian Solis' latest post, Unveiling the New Influencers, he reviews the reasons for listening to the marketplace for clues about how your organisation is doing, how it is perceived, and how the same stakeholders might regard your competition.

If you like his post, then you may like my free ebook on the topic, The Social Web Analytics eBook 2008. Of course I recognise we've reached the first anniversary of the ebook this week (and over 35,000 downloads to date!), and it was time for me to post an update on the list of vendors I'm tracking. And wow is this market exploding.

(Brian lists some of these services in the section of his post titled "Listening + Conversation Management Systems".)

If you are looking to procure such a service, then my ebook will tell you what you might want to look out for, and the list of potential partners below is pretty comprehensive. If you would like my help sourcing the right tool at the right price, then do just get in touch. Being based in London, I cover Western Europe, so for those of you in the US the man you need is Nathan Gilliatt. Read more

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

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

Enhancing Organisational Performance Management with the Influence Scorecard

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Last week I posted about hosting a meeting on the Influence Scorecard. The post was testing the water to determine the level of interest such an event might generate, and I was answered by dozens of emails, direct twitters, comments and even some direct editing of the post itself, as I'd hoped! (MarCom Professional allows an author to permit others to edit a post, wiki-style.)

I even received tentative enquiries about sponsorship, so it looks like we are on to something here...

Moreover, the interest was split almost 50:50 between Europe and North America, and it was spread fairly evenly amongst each of the required participant groups.

What is clear from all the queries and interest is that we now need to put some meat on the bones.  Here are a few top line thoughts on 'influence', 'scorecard' and what we hope to achieve.  Your thoughts are welcome.

Influence

Organisations want to influence the opinion and behaviour of their stakeholders. They do this via the various marketing and communications disciplines and approaches - PR, advertising, branding, community building, conversational marketing, direct marketing, events, product placement, public affairs, sponsorship etc..

Of course, stakeholders also influence each other and some will want to influence an organisation - how ready an organisation is for this dialogue is another matter.

Scorecard

The 'scorecard' is inspired by the Balanced Scorecard, one of the most widely adopted organisational performance management methodologies (generally known as "business performance management" or just plain BPM). According to the Balanced Scorecard Institute: Read more

Influence Scorecard – defining influence measurement for organisational performance management

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When I first decided to write The Social Web Analytics eBook 2008, I had no idea it would attract over 10,000 downloads in 100 days. And why does it continue to be downloaded 1,000 times a month? In hindsight, the reasons are plain:

  • Listening to and learning from all our stakeholders is a widely and keenly felt desire
  • Acquiring a grasp of the reputation our company and brands have notched up must constitute a key organisational performance metric for anyone
  • Understanding how our interaction and dialogue with our stakeholders contributes to the achievement of our marketing and communications objectives helps us quantify how well we are meeting those objectives. Read more