Sneak preview of Visible Measures new social video campaign tracking tool
According to a recent eMarketer article people are using social media in all sorts of situations but what's the weirdest place you've used Twitter, Facebook, MySpace, LinkedIn or any other social site before (and we want to see some crazy 'other' responses)?
Take our poll now (and be honest):
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Interesting research study from Silverpop on measuring viral sharing of email content in select social networks.
Key insights from the study include
- Most companies include four to five different sharing links
- The life of a shared message is about one week
- Just including sharing links isn't enough, content is key
- This is supported by inconsistent click-through rates
- Facebook dominates among the social networks
- View rates are still low but expected to grow with social media
- Over 20% increase in reach due to social sharing
Interesting is also, that the main social networks (i.e. Facebook, MySpace, Twitter) that are most often included in emails are not necessarily the ones attracting the most clicks on sharing links (see graph below).
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Interesting but obvious GroupM Search, comScore and M80 research exploring the interplay of search marketing and social media (the next hype after the wave of research on display impact on search). People who hear about a brand or discuss it via social media are more likely to search for the brand (I guess we finally have to accept that no matter where people interact with brands they sooner or later want to check them out, i.e. search for their website).
Key findings include:
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According to eMarketer's latest article social media measurement lags adoption among marketers which is quite sad considering the importance of social media in today's purchase or campaign funnel (see graph below). How a brand, service or product is portrayed in the social media space increasingly determines its overall success (e.g. Bruno launch) and can also be used as an early warning mechanism. And it's really not that hard, the amount of free tools and advice that is available online to help with social media measurement is staggering. Have a look at the list of tools below plus the top 4 questions to ask yourself and don't hesitate to email Chris at cbartens@datalicious.com if you would like some further advice on how to measure social media success.
eMarketer: Social Media Measurement Lags Adoption
http://www.emarketer.com/Article.aspx?R=1007286
Brand Overviews
Blog Search Tools
Buzz Tracking
Message Board Search Tools
Twitter Search Tools
For more tools and tips on social media measurement have a look at the below page.
http://measurementcamp.wikidot.com/tools-for-measurement Where is the content coming from and how is it harvested?
Is the online content simply aggregated blog and board data from a handful of sources or does your provider harvest the data themselves? Is technology gathering the data or is there a human element to ensure important or relevant content sources are included? What tools are being used and how large is the content reservoir of CGM data? Does this reservoir contain current or historical data, or both? How is the data cleaned and prepared?
How does your data provider clean and prepare the data for analysis? What rules are applied to systematically reduce irrelevant conversations (noise) and ensure relevance? For example, if you are interested in CGM insights on the telecommunications provider 'Orange', how do they ensure references to orange as a fruit or colour are excluded? How is the data organized or segmented?
Is the remaining content relevant to the business questions being asked? What are the base, volume and discussion sources being included for classification? How is the data being segmented so it contains the most pertinent consumer discussions around your specific area of interest?
How is the data being analysed and are actionable insights delivered?
How is the information actually being analysed? Is it purely done by automated technology or by human analysis, or both? If technologies and software provide the information, how does this technology manage to measure things like sentiment of a conversation accurately? Can technologies help you determine what the important topics are that lead volume or drive a particular sentiment? Is there a consulting service so that information and data can be transformed into insight? Check out the below page for the full article.
http://server-uk.imrworldwide.com/pdcimages/NielsenOnline_May_Newsletter08.html
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I've spent a lot of time thinking about social networks and their marketing (revenue) model, and I've recently drawn an ugly conclusion: They're flawed.
Why is that? Traditional media operates in two channels -- content and marketing. Think about watching TV. You watch your entertainment program, and then there's a commercial. Church and state. You always know where you stand with the marketer. Everybody's happy.
On social networks, the content and marketing have become inextricably intertwined. Sure, there are fenced-off areas where ads inserted in context, but at the same time, half of the alleged "content" is really just people promoting themselves or products. It's marketing.
I call this the "BS" factor. In a traditional media model, it's incumbent upon the content producer to craft the content and filter out the BS. On a social network, because it's self-serve, you are expected to be your own BS filter.
I also believe that audiences are not stupid. One thing I've learned over many years in the media is that they know how to call the BS. But when they see it, they don't like it, and it has in impact on their perception of the brand or the channel they are using. The more BS they see, the more the brand degrades.
That's fine, as a utility or a free communications software model. But as a marketing channel it's pretty dubious.
Social networks, if they really want to develop a viable marketing model, are going to have to figure out a way to clean this up, better filter messages for their audience for their use, and deliver real marketing value that preserves the integrity of the content. They might also have to decide whether they are primarily a communications tool media network.
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