interactive marketing communications summer 2014 week 2 tv

101
CONTENT MARKETING 101 Week 2

Upload: todd-van-hoosear

Post on 20-Aug-2015

260 views

Category:

Business


1 download

TRANSCRIPT

Page 1: Interactive Marketing Communications Summer 2014 Week 2 TV

CONTENT MARKETING 101Week 2

Page 2: Interactive Marketing Communications Summer 2014 Week 2 TV

Paid vs. Earned vs. Owned

• Advertising was traditionally the realm of paid media

• Public relations was traditionally the realm of earned media

• Advertising claimed an early lead in “interactive” media

• PR claimed an early lead in “social” media• Both PR and advertising are now

competing for control of owned media channels

Page 3: Interactive Marketing Communications Summer 2014 Week 2 TV

PESO

• PAID = Money exchanged for space in magazine, newspaper or online site; for time on radio, TV and sometimes online channels

• EARNED = Coined by public relations professionals to differentiate from paid media

• SHARED = Content shared on, and communities built on, third-party social networks (e.g., Facebook, Twitter, LinkedIn, Pinterest, etc.)

• OWNED = Print collateral, websites, blogs, video, podcasts, ebooks, etc.

Page 4: Interactive Marketing Communications Summer 2014 Week 2 TV

POE vs PESO

• Which makes more sense?

Page 5: Interactive Marketing Communications Summer 2014 Week 2 TV

What is Social Media?• Social media is a set of channels, tools and

philosophies for creating content, building community, joining (and shaping) the conversation, and ultimately “converting”

• Social media is not just a new way to communicate: it’s a new way to do business

• Ultimately, social media, and more specifically social marketing, is about turning your customers and influencers into salespeople.

H

Page 6: Interactive Marketing Communications Summer 2014 Week 2 TV

Who’s Using Social Media? (B2C)

H

Page 7: Interactive Marketing Communications Summer 2014 Week 2 TV

Who’s Using Social Media? (B2B)

http://www.slideshare.net/hschulze/b2b-content-marketing-trends-2013

Page 8: Interactive Marketing Communications Summer 2014 Week 2 TV

Who’s Using Social Media? (B2C)

Page 9: Interactive Marketing Communications Summer 2014 Week 2 TV

Who’s Using Social Media? (B2C/B2B)

Page 10: Interactive Marketing Communications Summer 2014 Week 2 TV

Top B2B Social Marketing Goals

http://www.slideshare.net/hschulze/b2b-content-marketing-trends-2013

Page 11: Interactive Marketing Communications Summer 2014 Week 2 TV

Top B2B Social Marketing Goals

Page 12: Interactive Marketing Communications Summer 2014 Week 2 TV

What is Content Marketing?

• Content marketing was a response to the evolution of search engine technology

• Since content marketing’s rapid rise to popularity, search engine technology has evolved

• Content marketing techniques must evolve with it

Page 13: Interactive Marketing Communications Summer 2014 Week 2 TV

Content Marketing is Hot

Page 14: Interactive Marketing Communications Summer 2014 Week 2 TV

Content Marketing is Big. BUT…

http://www.flickr.com/photos/22711505@N05/5766880112/

If you build it…

Page 15: Interactive Marketing Communications Summer 2014 Week 2 TV

Content Marketing

http://www.flickr.com/photos/jewe/2905913332/

Will they come?

Page 16: Interactive Marketing Communications Summer 2014 Week 2 TV

Content Marketing = Search + Social + Media

… Only If You Can Be Found

It’s a search game. And a social game. And a media game. All in one.

Page 17: Interactive Marketing Communications Summer 2014 Week 2 TV

Content Marketing ≠ Inbound MarketingA good content marketing program used to be able thrive on

one web presence (a website or blog with dynamic content) surrounded by a good social mediaProgram. This “inbound” model doesNot work as effectively nowAs it used to.Why?

http://www.flickr.com/photos/jameskm03/5990507429/

Page 18: Interactive Marketing Communications Summer 2014 Week 2 TV

The Content Marketing Mix

Page 19: Interactive Marketing Communications Summer 2014 Week 2 TV

But is Content MarketingWorking for You?

• Are you creating content?• If so, what kind, how often & what

channels?• How are you promoting it?• Is it being applauded or amplified?• What kind of engagement are you

getting?• Is it working? (i.e., is it converting?) (and if it is, would you know it??)

Page 20: Interactive Marketing Communications Summer 2014 Week 2 TV

Rand Fishkin’s Content Marketing Manifesto

http://www.slideshare.net/randfish/the-content-marketing-manifesto

I pledge to create something remarkable – something that people will love. Something they will want to share. Something I can be proud of. And if it fails to achieve my marketing goals, I won’t give up. I will try again. My failures will be the practice I need to earn future successes and future customers.

Page 21: Interactive Marketing Communications Summer 2014 Week 2 TV

6 Keys to Sharable Content

http://www.slideshare.net/stevenvanbelleghem/a-six-step-content-marketing-model

Page 22: Interactive Marketing Communications Summer 2014 Week 2 TV

The 7th Key to Sharable Content?

$?

Page 23: Interactive Marketing Communications Summer 2014 Week 2 TV

Facebook EdgeRank

http://socialfresh.com/facebook-edgerank-facts/

5 Things You Didn’t Know About EdgeRank

1. Typical post reaches only 17% of your fans

2. Average post lifespan is 3 hours

3. Comments are 4x valuable than likes

4. Affinity = everything5. GraphRank is subset of

EdgeRank

Page 24: Interactive Marketing Communications Summer 2014 Week 2 TV

Todd’s Building Blocks of a Content Marketing Strategy

1. News2. Understanding of Customer3. Understanding of Competition4. Understanding of Industry5. Understanding of Influencers6. Opinions on Any and All of These7. Lack of Fear to be Different, Better

or Critical

Page 25: Interactive Marketing Communications Summer 2014 Week 2 TV

Curation, Not Just Creation

• Content curation, or the reuse/repackaging of other people’s content, is becoming hugely popular

• You must be able to add value to that content: commentary, insight or more news

Page 26: Interactive Marketing Communications Summer 2014 Week 2 TV

Conclusion: Content Marketing Works

Page 27: Interactive Marketing Communications Summer 2014 Week 2 TV

SEARCH MARKETING: ORGANIC

Week 2

Page 28: Interactive Marketing Communications Summer 2014 Week 2 TV

What is SEO?

The Goal of SEO is to push your content to the top of

SearchEngineResultsPages

H

Page 29: Interactive Marketing Communications Summer 2014 Week 2 TV

“Above the Fold” in the Old Days

http://www.flickr.com/photos/globochem/2321238318/

Page 30: Interactive Marketing Communications Summer 2014 Week 2 TV

“Above the Fold” Today

Paid Placement

Unpaid (Organic) Placement

Page 31: Interactive Marketing Communications Summer 2014 Week 2 TV

Search & Social are Critical to Content Marketing

Conclusion

Page 32: Interactive Marketing Communications Summer 2014 Week 2 TV

READY?MKMC 5012 – DAY 3

Page 33: Interactive Marketing Communications Summer 2014 Week 2 TV

Before We Go Any Further

• I’ve got some things I need to go over…

• Things we all need to remind ourselves of…

• The rules of social media change regularly

• These are some of the more important ones today…*

* Subject to change at any moment

http://www.flickr.com/photos/24467251@N02/6658779959/

Page 34: Interactive Marketing Communications Summer 2014 Week 2 TV

Rule #1

There’s no such thing as a Twitter or a Facebook

strategy!

http://www.flickr.com/photos/14724437@N00/9852723845/

Page 35: Interactive Marketing Communications Summer 2014 Week 2 TV

Rule #2Just because you can measure

it doesn’t mean you should!

Page 36: Interactive Marketing Communications Summer 2014 Week 2 TV

Rule #3 Social media marketing is

content marketing!

Page 37: Interactive Marketing Communications Summer 2014 Week 2 TV

Rule #4Content marketing is inbound

marketing

Page 38: Interactive Marketing Communications Summer 2014 Week 2 TV

Rule #5

If you build it, they might come, but there’s no

guarantee!

http://www.flickr.com/photos/22711505@N05/5766880112/

Page 39: Interactive Marketing Communications Summer 2014 Week 2 TV

Content Marketing Works

Page 40: Interactive Marketing Communications Summer 2014 Week 2 TV

Rule #6The two secrets to being seen

are sociability and searchability!

Page 41: Interactive Marketing Communications Summer 2014 Week 2 TV

Rule #7: Convert!

• A conversion is a measurable event that indicates movement through the sales and marketing process (funnel)

• Possible examples of conversions:– Follow / friend / fan a social profile– Like / +1 / favorite a post– Share / re-tweet content– Sign up for mailing list– Open email– Click-through to website– Ask for more information on offering– Purchase / donate– Repurchase– Advocacy / evangelism

http://en.wikipedia.org/wiki/Conversion_rate

Page 42: Interactive Marketing Communications Summer 2014 Week 2 TV

Social Media’s Impact on SEO

Before After

Page 43: Interactive Marketing Communications Summer 2014 Week 2 TV

SEM vs PPC vs SEO

• Search engine marketing (SEM) is a combination of paid search programs and “organic” search optimization

• Paid search includes:1. Pay-per-click (PPC) 2. Cost-per-impression (CPI or CPM)

(M=1,000)

• Organic search (i.e., SEO) focuses on “unpaid” ways to improve search engine results page (SERP) placement

http://en.wikipedia.org/wiki/Search_engine_marketing

Page 44: Interactive Marketing Communications Summer 2014 Week 2 TV

5 Key Metrics of Site SEO1. Searchability. Is the structure, content and meta-content

(descriptive information including titles and keywords) of the site optimized for search engines (specifically Google and Bing), providing the best possible organic search engine results possible, as defined by search experts and online SEO/SEM measurement resources?

2. Accessibility. Is the site accessible from different kinds of devices, and can people with disabilities perceive, understand, navigate and interact with the site, as defined by the W3C Web Accessibility Initiative?

3. Navigability. Once on the site, is the content easily organized and navigated?

4. Sharability. If a visitor likes what the can see or do on the site, is it easy for that person to share their likings (or dislikings) with site managers and/or the general public?

5. Salability. Does the content of the site lend itself to one or more understandable (and measurable) goals – e.g., driving visitors to try out a product, buy a service or tell others about the site?

Page 45: Interactive Marketing Communications Summer 2014 Week 2 TV

9 Steps to SEO Success

1. Market research2. Keyword research3. On-page

optimization4. Site structure5. Link building6. Brand building7. Viral marketing8. Adjusting9. Staying up-to-date

http://www.toprankblog.com/2007/01/google-cartoon/

Page 46: Interactive Marketing Communications Summer 2014 Week 2 TV

Market Research Secrets

• Begins with a competitive analysis• What companies / sites are you

competing with?• How well do they perform?• Great tool: http://websitegrader.com/

Page 47: Interactive Marketing Communications Summer 2014 Week 2 TV

Keyword Research Secrets

Once you have identified and analyzed the competition at a high level, you can turn your attention to analyzing the keywords from four perspectives:

1. What keywords you want to be known for2. What your site is keyword optimized for3. What your competitors’ sites are keyword optimized for4. What people are searching for

Four great keyword tools:5. http://seokeywordanalysis.com/ 6. http://www.googlerankings.com/ultimate_seo_tool.php 7. http://tools.seobook.com/general/keyword-density/ 8. http://textalyser.net/

Page 48: Interactive Marketing Communications Summer 2014 Week 2 TV

On-Page vs. Off-Page

• On-Page SEO focuses on how you can improve the content, structure and navigability of your own site

• Off-Page SEO focuses on, well, pretty much everything else, including– DNS (Domain name services)– Social media– Inbound links– Press releases– PPC

http://www.directtrafficmedia.co.uk/blog/on-page-seo-vs.-off-page-optimisation

Page 49: Interactive Marketing Communications Summer 2014 Week 2 TV

HTML 101

<HTML> This is the outside paired HTML element that declares that what’s inside is HTML

<HEAD> Content inside the HEAD element describes the whole page <META NAME=“KEYWORDS” CONTENT=“keyword 1,keyword 2,etc”> <META NAME=“DESCRIPTION” CONTENT=“Description of website for SEO”> <TITLE>The descriptive name of the page goes here</TITLE> </HEAD> Paired elements (including TITLE) are “closed off” with a leading forward slash <BODY> All the content displayed on the actual web page appears inside the BODY

elements <H1>The largest header tag for really big type</H1> <P>Body copy appears inside the P element. Click on image below.</P> <A HREF=“http://hyperlink.com/”><IMG SRC=“pic.gif” ALT=“Desc”></A> <H2>Slightly smaller header type</H2> <P>Headers are really important for SEO.</P> </BODY></HTML>

• Right click on a webpage and click on View source to see how a web page is designed…

Page 50: Interactive Marketing Communications Summer 2014 Week 2 TV

On-Page SEO Checklist

• Always start with keyword selection, research and testing• Meta Description tag• ALT tags• H1 tags• URL structure• Internal linking strategy• Content• Keyword density• Site maps, both XML and user facing• Usability and accessibility• Track target keywords• Expect results in 6-12 months

4http://www.directtrafficmedia.co.uk/blog/on-page-seo-vs.-off-page-optimisation

Page 51: Interactive Marketing Communications Summer 2014 Week 2 TV

Author Rank

Page 52: Interactive Marketing Communications Summer 2014 Week 2 TV

SEARCH MARKETING: PAIDWeek 2

Page 53: Interactive Marketing Communications Summer 2014 Week 2 TV

PPC, PPM, CPL, HUH?

• PPC = Pay-Per-Click– Only pay for clicks– CPC = Cost-Per-Click– PPA = Pay-Per-Action (e.g., when item is

sold)– CPA = Cost-Per-Action– CPL = Cost-Per-Lead

• PPM = Pay-Per-Mille (1,000 impressions)– Avoids click fraud– CPM = Cost-Per-Mille

Page 54: Interactive Marketing Communications Summer 2014 Week 2 TV

PPC 101

• PPC is not just about Google AdWords– Bing (Microsoft) Ads– Facebook PPC– Yahoo! Network– Chitika

• Not just text ads in SERPs– YouTube– Blogger– Google Maps– Google News– Google Managed Placements (Ad Network)

Page 55: Interactive Marketing Communications Summer 2014 Week 2 TV

How to Get Started in PPC

1. Create an AdWords account2. Pick your audience3. Choose your keywords that trigger the ad4. Identify your call to action5. Build your landing page6. Build your ad7. Test your ad8. Deploy your ad9. Measure your success

Page 56: Interactive Marketing Communications Summer 2014 Week 2 TV

Ad Rank: Who’s #1

• Some factors influencing Quality Score are:– The relevance of your landing page to the keyword– The relevance of your ad to the keyword– The performance of your landing page – a slow-

loading website will get a lower QS– Your Click-Through-Rate (CTR)– Historical performance of your campaigns

Page 57: Interactive Marketing Communications Summer 2014 Week 2 TV

Google AdWords Accounts

• Keywords are bound to a group of ads• This group of ads is part of a campaign• The campaign will be part of your

account

Page 58: Interactive Marketing Communications Summer 2014 Week 2 TV

SOCIAL (MEDIA) MARKETING

Week 2

Page 59: Interactive Marketing Communications Summer 2014 Week 2 TV

(Some) Content Rules

• Start with the why• Reuse• Define success• Speak human (but read tech)• Reimagine (but don’t recycle)• Share, solve, but don’t shill• Listen and learn

http://www.contentrulesbook.com/

I do some pretty egregious

paraphrasing here – the book

is better

Page 60: Interactive Marketing Communications Summer 2014 Week 2 TV

Why is G+ On Top?

http://www.mediabistro.com/alltwitter/social-media-key-statistics_b19061

Page 61: Interactive Marketing Communications Summer 2014 Week 2 TV

Twitter Rules

http://gigaom.com/2011/08/16/twitter-by-the-numbers-infographic/

Page 62: Interactive Marketing Communications Summer 2014 Week 2 TV

Twitter Rules

http://gigaom.com/2011/08/16/twitter-by-the-numbers-infographic/

Page 63: Interactive Marketing Communications Summer 2014 Week 2 TV

Twitter Rules

http://blog.hubspot.com/blog/tabid/6307/bid/19023/10-Terrific-New-Twitter-Infographics-in-2011.aspx

Page 64: Interactive Marketing Communications Summer 2014 Week 2 TV

Facebook Still Has the Edge

http://www.mediabistro.com/alltwitter/social-media-key-statistics_b19061

Page 65: Interactive Marketing Communications Summer 2014 Week 2 TV

Age Matters

http://roymorejon.com/social-media-age-demographics-for-facebook-and-twitter/

Page 66: Interactive Marketing Communications Summer 2014 Week 2 TV

Different Age = Different Behavior

http://roymorejon.com/social-media-age-demographics-for-facebook-and-twitter/

Page 67: Interactive Marketing Communications Summer 2014 Week 2 TV

Gender Matters…

http://www.mediabistro.com/alltwitter/social-media-key-statistics_b19061

Page 68: Interactive Marketing Communications Summer 2014 Week 2 TV

…Especially on Pinterest

http://mashable.com/2013/02/28/the-marketers-guide-to-pinterest-infographic/

Page 69: Interactive Marketing Communications Summer 2014 Week 2 TV

But Men Are Coming Around

http://www.mediabistro.com/alltwitter/pinterest-twitter-facebook_b21888

Page 70: Interactive Marketing Communications Summer 2014 Week 2 TV

Income & Education Differences

http://www.flowtown.com/blog/social-media-demographics-whos-using-which-sites

Page 71: Interactive Marketing Communications Summer 2014 Week 2 TV

Google+

http://www.chrisbrogan.com/gplusinfographic/

Page 72: Interactive Marketing Communications Summer 2014 Week 2 TV

The Anti-Social Organization

Fresh Ground, Inc.

The old model, or one reason why PR is flawed

MegaphoneFlickr image uploaded by thivierr Shared under Creative CommonsAttribution-Share Alike 2.0 GenericLicense

The EarthTaken 7 December, 1972Apollo 17 missionCourtesy: NASA

Page 73: Interactive Marketing Communications Summer 2014 Week 2 TV

The Risk of Over-Organization

We’ll tackle how to overcome these silos in the Procedural Framework discussion

Page 74: Interactive Marketing Communications Summer 2014 Week 2 TV

The Risk of Silos

TALKING HEAD SYNDROME

Social media practitioners fall victim to three key ailments. This is one of them…

• If your public presence is disconnected from your business and unable to satisfy the demands of your community, you’re probably suffering from…

Page 75: Interactive Marketing Communications Summer 2014 Week 2 TV

Fresh Ground, Inc.

The RealityThe Social Organization

Page 76: Interactive Marketing Communications Summer 2014 Week 2 TV

Fresh Ground, Inc.

The Social OrganizationThe Reality

Fresh Ground, Inc.

Page 77: Interactive Marketing Communications Summer 2014 Week 2 TV

Fresh Ground, Inc.

The Social OrganizationThe Reality

Fresh Ground, Inc.

Page 78: Interactive Marketing Communications Summer 2014 Week 2 TV

Fresh Ground, Inc.

The Social OrganizationThe Reality

Fresh Ground, Inc.

Page 79: Interactive Marketing Communications Summer 2014 Week 2 TV

Fresh Ground, Inc.

The Social OrganizationThe Reality

Fresh Ground, Inc.

Page 80: Interactive Marketing Communications Summer 2014 Week 2 TV

Fresh Ground, Inc.

The Social OrganizationThe Reality

Page 81: Interactive Marketing Communications Summer 2014 Week 2 TV

Fresh Ground, Inc.

The Social OrganizationThe Reality

Fresh Ground, Inc.

Page 82: Interactive Marketing Communications Summer 2014 Week 2 TV

Fresh Ground, Inc.

The Social OrganizationThe Reality

Fresh Ground, Inc.

Page 83: Interactive Marketing Communications Summer 2014 Week 2 TV

Fresh Ground, Inc.

The Social OrganizationThe Reality

Fresh Ground, Inc.

Page 84: Interactive Marketing Communications Summer 2014 Week 2 TV

The Social Organization

Fresh Ground, Inc.

A New Model

IdeateFlickr image uploaded by Caveman (Kickin' 66 with Pete Zarria)Shared under Creative CommonsAttribution-No Derivative Works 2.0 GenericLicense

ShareFlickr image uploaded by Ed YourdonShared under Creative CommonsAttribution-Share Alike 2.0 GenericLicense

ListenFlickr image uploaded by andronicusmaxShared under Creative CommonsAttribution 2.0 GenericLicense

ChangeFlickr image uploaded by adam*bShared under Creative CommonsAttribution 2.0 GenericLicense

Page 85: Interactive Marketing Communications Summer 2014 Week 2 TV

The Social Organization

• Empowers, trains and engages all relevant departments in social, not just “marcomms” people…

http://www.rackspace.com/blog/social-marketing-strategy/

Page 86: Interactive Marketing Communications Summer 2014 Week 2 TV

ANALYTICSWeek 2-3

Page 87: Interactive Marketing Communications Summer 2014 Week 2 TV

The Three Os of Measurement

1. Outputs – Results of publicity efforts

2. Outtakes – How people think as a result of these outputs

3. Outcomes – How their behavior changes as a result of these outtakes

OKatie Paine, via

“Secrets of Social Media Marketing” Chapter 15

Page 88: Interactive Marketing Communications Summer 2014 Week 2 TV

Seven Steps of Building a Measurement Program

1. Identify the community– Who do you have relationships with?– Who do you want relationships with?– Who are you reaching with this program

2. Define objectives for each community– At a high level, what are you trying to achieve?

3. Define measurement criteria– Create specific goals, or “conversion goals”, measured by real performance

numbers, percentage growth, share of revenue/voice, etc.– You must be able to tie these to your high-level objectives

4. Define your benchmark– Where are you starting from? Baseline metrics are critical!

5. Select a measurement tool– Both traditional and new media

6. Analyze, create action items & recommendations– Focus on what you can change

7. Make changes and measure again

“Secrets of Social Media Marketing” Chapter 15

Page 89: Interactive Marketing Communications Summer 2014 Week 2 TV

Examples of High-Level Goals

• Learn something about customers we’ve never known before

• Tell our story to customers and have them share it

• Have more comments than posts• Get our customers to help each other• Create a new revenue channel• Improve our reputation online

Jeremiah Owyang, via“Secrets of Social Media Marketing” Chapter 15

Page 90: Interactive Marketing Communications Summer 2014 Week 2 TV

Sample Basic Metrics

• Get on page one of SERPs for key industry term• Grow RSS or email subscriptions by 100%• Have an average of 3 comments per post• Increase the number of Facebook users “talking about”

our page by 75• Grow inbound links by 50• Have at least two blog and media mentions per week• Grow our Alexa ranking by 500 places by n date• Improve the sentiment so there are more positive

mentions than negative ones• Grow web traffic by 200%• Grow downloads or sales by 50% over next four months

“Secrets of Social Media Marketing” Chapter 15

Page 91: Interactive Marketing Communications Summer 2014 Week 2 TV

Example Report

Page 92: Interactive Marketing Communications Summer 2014 Week 2 TV

Example Report (Continued)

Page 93: Interactive Marketing Communications Summer 2014 Week 2 TV

The Best Social Media Metrics*

1. Conversation Index – Ratio of posts to comments or replies

2. Amplification Rate – How many people share each post/update/tweet/etc.

3. Applause Rate – How many people “like,” “+1” or “favorite” each piece of content

4. Economic Value – Sum of short- and long-term revenue and cost savingshttp://www.kaushik.net/avinash/best-social-media-metrics-conversation-amplification-applause-economic-value/

Page 94: Interactive Marketing Communications Summer 2014 Week 2 TV

Paul’s Favorite Metrics

• Page Views – Simple but easy, as long as you understand difference between views (or visits) and visitors

• Returning Visitors – How sticky is your site? Over time this becomes more important

• Pages Per Visit – Keep it trending upward; it’s another measurement of stickiness

• RSS Subscriptions – How many people read your blog on a regular basis (in theory)

• Referring Sites – Who’s sending you the most traffic, to where, and why?

• SERP – Where do you rank?• Search Terms – Use these to optimize your site content

Page 95: Interactive Marketing Communications Summer 2014 Week 2 TV

Three Metrics In The News

1. Return On Investment2. Net Promoter Score3. Ad Value Equivalency3

Page 96: Interactive Marketing Communications Summer 2014 Week 2 TV

Return On Investment• According to Wikipedia, ROI is “the ratio of money

gained or lost (whether realized or unrealized) on an investment relative to the amount of money invested.”

• There are two important variables in this equation:– Return – Investment

• There’s also a third vital term: Money.• Return is payoff as measured in revenue

generated or costs avoided

http://gillin.com/blog/2010/06/how-to-calculate-social-marketing-roi/

Page 97: Interactive Marketing Communications Summer 2014 Week 2 TV

Net Promoter Score

http://www.netpromoter.com/np/calculate.jsphttp://en.wikipedia.org/wiki/Net_Promoter

Page 98: Interactive Marketing Communications Summer 2014 Week 2 TV

Ad Value Equivalency

• The calculation of space or time used for earned media (publicity or news content) by comparing it to the cost of that same space or time if purchased as advertising

http://www.crttbuzzbin.com/2013/01/09/pr-strategists-need-to-kill-ad-value-equivalency-ave-and-get-serious-about-bottom-line-results/

Page 99: Interactive Marketing Communications Summer 2014 Week 2 TV

The Problem with AVE

1. AVEs do not measure outcomes

2. AVEs reduce public relations to media relations

3. AVEs fly in the face of integrated measurement

4. AVEs provide no diagnostic value

http://metricsman.wordpress.com/2011/04/16/aves-are-a-disease-%E2%80%93-here%E2%80%99s-a-little-vaccine/

Page 100: Interactive Marketing Communications Summer 2014 Week 2 TV

Alternatives to AVE

1. Reach: the number of people exposed to coverage

2. Opportunities to See (OTS): Similar to reach, but counts multiple articles from single pub

3. Frequency: Average number of times a person has seen coverage

4. ROE: Return on Engagement?

http://www.prweek.com/uk/news/903837/AVE-debate-Measuring-value-PR/http://www.catherinelane.com/ave-is-a-dying-breed-but-what%E2%80%99s-the-alternative/

http://www.instituteforpr.org/2010/06/the-barcelona-declaration-of-research-principles/

http://www.flickr.com/photos/dougtone/4466249877/

Page 101: Interactive Marketing Communications Summer 2014 Week 2 TV

The Barcelona Principles1. Goal setting and measurement are

important2. Media measurement requires quantity

and quality3. AVEs are not the value of public relations4. Social media can and should be

measured5. Measuring outcomes is preferred to

measuring media results (outputs)6. Organizational results and outcomes

should be measured whenever possible7. Transparency and replicability are

paramount to sound measurement

http://www.cipr.co.uk/content/news-opinion/presidents-blog/4912/barcelona-principles-the-end-of-ave-http://www.pr-media-blog.co.uk/measuring-pr-barcelona-style/