Showing posts with label ROC. Show all posts
Showing posts with label ROC. Show all posts

Friday, July 29

Flipping Influence: Asking Earns Attention

After reading the two-part post on Sharing: It's Not Influence (Part 1, Part 2), a few people asked for alternatives. There are several, but one stands out among the rest.Stop looking for influencers. Start making influencers. Earlier this year, I wrote a post about how influencers tend to be the most influenced. Some mistook that post, Flipping The Scale: Influencers Are The Most Influenced, as influencer bashing....

Wednesday, July 27

Sharing: It's Not Influence, Part 2

As a continuation of Sharing: It's Not Influence, Part 1, it may be worthwhile to begin where we left off, with a parent of a child. Children are wild cards.The relationship between a parent and child, in terms of how influence works, ebbs and flows over the course of a lifetime. It is not defined by any single action. It is not patently obvious when it occurs. It is not even necessarily predictable by any measure. A...

Monday, July 25

Sharing: It's Not Influence, Part 1

There isn't any question that the current trends in marketing, especially online marketing, are centered around "influence." And most marketing, advertising, and social media firms (and certainly online influence algorithms) are all looking at the same measure — that influence can somehow be tied to reach (the number of people exposed to a message), which is directly dependent upon how willing people are to share...

Thursday, December 31

Recognizing Reader Picks: Top Posts Of 2009

With the new year upon us tomorrow, we would like to say goodbye to 2009 with a recap of this blog's five most popular communication-related posts, based on the frequency and the immediacy of reader views after posting. "What Would You Do If You Weren't Afraid?" It is probably no surprise that our call for business leaders and government officials to change their communication struck a chord with consumers and communicators....

Monday, October 12

Tossing Baseballs For Business: Scott Anthony

Last week, Scott Anthony, managing director of Innosight Ventures, applied the wisdom of Boston Red Sox general manager Theo Epstein to explain measurement. Espstein implied that some people focus too much on baseball. "When you're putting together a winning team, that honestly doesn't matter," said Epstein in reference to J.D. Drew's relatively low number of runs batted. "When you have a player who takes a ton of walks,...

Monday, July 6

Marketing Mainstream: Online Video

Several years ago, we floated the idea that advertisers would be able to produce online videos that would attract as much attention as any broadcast advertisement. Some people thought the idea was very funny (given the frequency in which people insist they hate advertising). Yet, in the last 18 months, that is exactly what happened as 200,000 tuned in this week to watch the Eyebrow Dance from Canbury, 325,000 viewed...

Monday, April 27

Measuring Communication: Wrapping The ROC

Since January, we've presented an ongoing series dedicated to the Return on Communication (ROC) formula. The ROC defines a communication measurement abstract across advertising, marketing, public relations, internal communication, and social media.[(B • I) (m+s • r)/d] / [O/(b + t + e)] = ROCThe formula demonstrates how the return on communication is related to the brand equity of the company or product, the intent of...

Monday, April 20

Measuring Communication: Five Steps To Action

While it is not part of the ROC measurement abstract, communicators might be best served to consider five basic steps before developing a communication stream, using social media, or an integrated communication strategy, which may or may not include social media. These five steps aren't what the communicator ought to do. They are what an intended public does.Step One: Awareness. The public has to know the communication...

Tuesday, April 14

Measuring Communication, Cost Part 3

Another overlooked cost consideration in communication measurement is the human equation. Simply put, not all communication teams — public relations firms or advertising agencies or whatever — are created equal. Some demand more time from their clients than others. It's the kind of cost consideration you might not find in Geoff Livingston's otherwise fine post on communication measurement. Firms that consider this cost...

Monday, April 6

Measuring Communication, Cost Part 2

One of the most overlooked cost considerations in communication measurement is the "time to produce" or "speed to market." While the cost less is tangible than direct expenses, it's no less important because it can have a dramatic impact on communication. As Laurence Haughton once titled his book "It's Not the Big That Eat the Small... It's the Fast That Eat the Slow." In the book, he and Jason Jennings contend that...

Monday, March 30

Measuring Communication, Cost Part 1

While most communication measurement models ask professionals to consider the cost per impression as it pertains to the cost of the media purchase, the better measure is "cost per outcome" or "cost to achieve intent" (assuming the intent is achieved). While impressions are important, there still needs to be accountability in determining what those impressions achieve. In the ROC abstract, there are three cost considerations:...

Friday, March 27

Considering Impressions: Do They Count?

Anyone who has read more than a single post on this blog knows I'm outcome measurement oriented. So it was no surprise to come back from a presentation today to see a few inquisitive e-mails regarding my advertising impression post on Wednesday. "Did you change your mind about measurement?" No, but I do understand human behavior and human behavior suggests that impressions — frequency — do count across the...

Monday, March 23

Measuring Communication, Defining Outcomes

Since January, we've outlined several considerations to determine Intent and the execution of intent. But that is only part of the equation. The balance of the definition includes that the return on investment is related to the intent of the communication, the outcome it produces, and the cost to achieve those outcomes.In social media and public relations (to some degree), there is a propensity to diminish the value...

Monday, March 16

Measuring Communication, Equation Influencers Part 2

“Brand is the relationship between a product and its customer.” — Phil Dusenberry, former chairman of BBDO WorldwideWhile more formal definitions might include "the assortment of qualities that differentiates the brand from other commodities, which translates into higher sales volume and higher profit margins against competing brands" or "marketing effects or outcomes that accrue to a product with its brand name compared...

Wednesday, March 11

Revealing Weakness: Brian Solis On Authority

Brian Solis, principal of FutureWorks, writing for TechCrunch, asked yesterday if blogs were "losing their authority to the statusphere."Specifically, he wondered about the relevance of the Technorati Authority Index, which used to be the leading measure for bloggers to benchmark their rank. The theory was that the more blogs that link to your blog, the more authority you had in a subject area to be considered an "expert."...

Monday, March 9

Measuring Communication, Equation Influencers Part 1

"Maybe it's the rising quality of its cars. Maybe it's the halo surrounding Ford for passing up federal funds being devoured by its Detroit rivals. Or it could simply be Ford's focus on building image in its marketing while others flog incentives. But for whatever reason, America seems to have decided that Ford is a better idea after all." — Jean Halliday, Advertising AgeFord, which is experiencing a revival and...

Monday, March 2

Measuring Communication, Realization Part 3

Since 1999, radio has experienced a steady decline in listenership, and has become mostly confined to specific personalities and drive times. In fact, according to the BIA Financial Network, Inc. (BIAfn), the radio industry has suffered its second year of negative growth in 2008, tripling station revenue losses to -7 percent and will experience another 10 percent decline in revenue this year. It's worth mentioning because...

Monday, February 23

Measuring Communication, Realization Part 2

Last November, Motrin came under fire for a snarky advertisement that played on the idea that moms who use baby carriers and slings are making a fashion statement that "totally makes me look like an official mom." After Motrin pulled the advertisement to avoid more outcry, there was plenty of debate whether or not the ad should have been pulled. Unfortunately, many debaters asked the wrong question. Most asked a broader...
 

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