The Paine of Measurement
Because research without insight is just trivia.
by Katie Delahaye Paine
Okay, I recycled that subtitle from an ad campaign we ran back in the '90s, but it's even more true now than it was back then. Between the automated monitoring systems, the Web analytics, Google analytics and a hundred other data points, today's communications managers are awash in data, but starved for insight. The market is hungry for standards, but truly malnourished when it comes to insight and figuring out what to do with all this data.
So, I thought I'd provide a fast lesson in what to do with a pile of data when it's staring you in the face. Here are ten straightahead ways to gain insight from your data:
1.
Look for failures first
The most valuable lessons come from discovering what is not working.
For instance, when the podcast you put up on YouTube has only been downloaded
once. By your mother. Perhaps you need to look at the content that is being
downloaded to see what's missing.
2.
Tie the data back to what is most meaningful to you
If you're working at a non-profit, correlate it to online contributions, or to
new volunteer signups, or to the percent increase in donors per mailing. If you're
working in high tech, tie it to qualified leads, or requests for more information.
If you're in the education marketplace, tie to application requests, or alumni
participation.
3.
Make sure your metrics accurately compare programs
It's great if you're measuring two different product launches by the degree to
which the conversations about the new products are positive and position the
product accurately. However, if you spent $10,000 on one and $500,000 on the
other, you should definitely be looking at a cost per message figure to compare
the two. Otherwise you're comparing apples to Beef Wellington and no one will
believe you.
4. Don't show any data you can't make decisions with
Data not only has to be accurate, it needs to be relevant as well.
So, for example, if you're comparing your spokespeople and
thought leaders and the degree to which
they are quoted compared to the competition, make sure that the VP who quit
last week isn't on the chart. She's not going to be figuring into
any of your future
plans, so don't waste your presentation on her. (Unless, perhaps, she turns
out to have been three times as effective as any of your other
spokespeople. Then
you have a valuable benchmark to work with, and maybe your spokespeople have
some lessons to learn.)
Similarly, if you are tracking specific reporters or bloggers, make sure they are actually assigned to your beat. Many times bloggers will cover one story intensely, but then will never write about your industry again. So be careful who you call "The most influential blogger this quarter!"
5.
Understand the "So What?"
What is the data trying to tell you? What opportunities is it trying
to present to you? So what if you've classified all your conversations
into the 27 different categories
we recommend,
now
what?
Now you
figure out what types of conversations you need to pay attention to.
(Read
more in this article: "5 Reasons
to Love 27 Types of Conversation
and 19 Types of Video.")
6.
Use data to make your point
Your data can be the clincher for your argument. If you are having
trouble getting your senior management to show up at meetings with
prominent
bloggers,
study
what the competition is doing. Are they out there more prominently
in key blogs? Are they on Twitter? Nothing like a little "His
is bigger than yours" to get the juices flowing.
7. Give
it context
Is my 20% negative horrible? (Not if you're Dell and you used to be at 80%.)
How do you compare to others in the industry? If you're in the defense industry,
20% negatives isn't too bad. But in packaged goods or higher education, you'd
be out of business.
KDPaine & Partners has recently studied social media use (social bookmarking sites, Facebook, external blogs, institutional blogs, and YouTube) in academic institutions. Below is a chart with some benchmarks you can refer to for general context. (We gathered the data over a 30-day period, September-November 2007, and included all references to five major universities. To ensure comparability and a manageable data set, content related to athletics was not included.)
8.
Look for seasonal trends
We always present data on a 13-month rolling
calendar so we know whether the slump in coverage is due to reporters
being busy with political campaigns, or maybe to the fact that the
agency or PR team has taken the summer off.
9.
It's all about the conclusions
If you are telling me what the data means, tell me something useful.
Don't tell me that I achieved 300 million opportunities to see -- tell me what
got me there. And then tell me how I can get to 400 million.
10.
Test, measure and test again
Measurement is an ongoing process. You're not going to learn everything the
first time out. So when something doesn't work, recognize the opportunity to
tweak it. Measure it again to see if the tweak worked. If it didn't, try
something
else.
Wishing you large measures of success,
Great information, Thank You for sharing..........
Thanks
surefire flashlights
Posted by: surefire flashlights | August 07, 2008 at 02:34 PM
Hi everyone this is my first comment and this site is very embllishing that Pile of Data on Your Desk
for me wish he all the best.
Posted by: Martina | September 01, 2008 at 08:26 AM