surfing the data tsunami: how pr is using data analytics...
TRANSCRIPT
Katie Delahaye PaineCEOPPaine Publishing
www.painepublishing.com | @queenofmetrics | [email protected]
Surfing the Data Tsunami: How PR is using Data Analytics to Become Communications Superheroes
April 28, 2017PRXNE17Corning, NY
A Typical Day in Communications
Because the boss says so
47%
Because some one thought it
was a good idea 37%
Because its cool11%
Because it helps our mission
5%
Requests
Data is the language of management
0% 20% 40% 60% 80% 100%
TAC
Manuscript
One Source
HAL
Positive Messages No Messages Negative Messages
Percent of impressions containing messages by product
$0.00 $0.50 $1.00 $1.50 $2.00 $2.50
TAC
Manuscript
One Source
HAL
Cost per message communicated
3
Tactics:PartyPress EventPress Tour with trade & business media Release distribution
Interviews and media advisories generated best coverage
0% 20% 40% 60% 80% 100%
Application articles
Contract wins
Exec Interview
Media advisory
Release + conference
Press release plus VNR
Product review
Industry issue
Trade show/event
No Message
Negative Message
Positive Message
4
Six reasons why, like it or not, integrated data and metrics are in your 1. There’s no “one way” to reach your
stakeholders anymore2. 63.2%of social media teams live within
marketing, 6 points higher than last year3. Only 4.5% assign social media to PR
anymore4. Customer-centric outreach requires
communications + marketing to be in sync5. Internal communications is critical to
external effectiveness6. It just works better
5
CUSTOMER + EMPLOYEE
P&G proved that PR was shown to deliver more value P&G found that PR delivered 8 times the value of TV and 4 times the value of trade advertising. Three of the six products showed PR with the highest ROI of any marketing tactic Overall PR delivered a 275% ROIElements that moved product: RecommendationsVisualsBenefits
012345678
Trade TV ad PR
$ return oninvestment
6
ACA programs drive higher Optimal Content Scores, which correlate highly with web visits
0.41
0.44
0.47
AC items
ACA items
ACA Optimal ContentScore
Correlations between Web Visits and PR Metrics
Pearson r. value
7
7
0
50
100
150
200
250
300
020000400006000080000
100000120000140000
1/1/
2014
- 1/
7/20
141/
8/20
14 -
1/14
/201
41/
15/2
014
- 1/2
1/20
141/
22/2
014
- 1/2
8/20
141/
29/2
014
- 2/4
/201
42/
5/20
14 -
2/11
/201
42/
12/2
014
- 2/1
8/20
142/
19/2
014
- 2/2
5/20
142/
26/2
014
- 3/4
/201
43/
5/20
14 -
3/11
/201
43/
12/2
014
- 3/1
8/20
143/
19/2
014
- 3/2
5/20
143/
26/2
014
- 4/1
/201
44/
2/20
14 -
4/8/
2014
4/9/
2014
- 4/
15/2
014
4/16
/201
4 - 4
/22/
2014
4/23
/201
4 - 4
/29/
2014
4/30
/201
4 - 5
/6/2
014
5/7/
2014
- 5/
13/2
014
5/14
/201
4 - 5
/20/
2014
5/21
/201
4 - 5
/27/
2014
5/28
/201
4 - 6
/3/2
014
6/4/
2014
- 6/
10/2
014
6/11
/201
4 - 6
/17/
2014
6/18
/201
4 - 6
/24/
2014
6/25
/201
4 - 7
/1/2
014
Relationship between ACA Program Mentions and Site Visits
Site Visits Program Mentions
Without ACA Events, Optimal Content Scores for Atlantic City Would Have Been Significantly Lower
The red line represents coverage of Atlantic City minus all mentions of ACA and its programs
4
3.252.75 2.99
3.652.96
3.36 3.24
2.34 2.37 2.43
1.30
-1.24
0.37-0.05
0.28 0.28
-1.56
4.91
3.92
2.993.58
4.14 4.1 4.27 4.12 4.29
2.78 2.56
1.53
-0.29
0.610.20
1.441.77
0.63
-2
-1
0
1
2
3
4
5
6
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May June
Aver
age
OCS
Sco
re
Atlantic City OCS without ACA Atlantic City OCS with ACA 8
Because of ACA’s efforts:• Coverage was less negative, and
more positive • More downloads of the “Visitor
Guide” were generated for less money
• People who saw news about Atlantic City are more likely to recommend and also perceive AC as fun and a place they are excited to visit – a key driver of preference.
8
More spokespeople would translate into better coverage
A Pearson correlation addressed the relationship between the number of quotes and the volume of desirable coverage. The number of quotes and the volume of
desirable coverage are positively related
GT could potentially increase its share of desirable coverage by building relationships between individual subject matter experts and key reporters
9
6 Steps to the perfect Measurement System Step 1: Define the goalWhat outcomes is this strategy or tactic going to achieve? What are your measurable objectives?Step 2: Define the parameters Define the investment. Clarify who are you are trying to reach. How your efforts connect with those audiences to achieve the goal? Step 3: Define your benchmarksWho/what are you going to compare your results to?Step 4: Define the metricsWhat are the indicators to judge your progress?Step 5: Select your toolsStep 6: Analyze the dataTurn into action, measure again.
10
6 Steps to Success
1
2
3
4
5
6
Step 1: Define Your Champagne Moment What return is expected? Define in terms of the mission
Define your champagne moment If you are celebrating complete
100% success a year from now, what is different about the organization?
11
Definitions of “Success” What’s the path?
The “Spark” – top tier media coverage
Quality media coverage conveys messages
Influencers generate understanding/awareness
Communications increases engagement
Engagement increases revenue and revenue advances goals
12
Step 2: Get Consensus on the Parameters
What are management’s priorities? Who are you are trying to reach? How do your efforts connect with those audiences to achieve the goal? What influences their decisions? What’s important to them? What makes them act? What’s a realistic budget?
13
Procter & Gamble
14
Purchase
Desirable Photo
Recommendation
Brand Benefit
Tourism Destination
15
Intent to visit
Desirable Photo
Dispels a Myth
Signature Experience
Call to action or recommendation
Media Company
16
Ratings
Recommendations
Key message
Signature Program Mention
Social Engagement
B2B Company
17
Grow the marketable
universe (sales leads)
3rd Party Recommendation
Key message
Spokesperson quote
Desirable positioning
Step 3: Define Your Benchmarks
Past performance over time Measurement is a comparative tool Put your results into context
Peers/Competitors Think 3 Peer + underdog that is nipping at your
heels What keeps leadership awake at night?
18
Step 4: Define Your Kick Butt Index You become what you measure, so pick your
metrics carefully How do you influence change?
Define what makes people act or change? Exposure to a message? A Facebook Post? A recommendations from a friend
The Perfect KBI: Is actionable Is there when you need it Continuously improves your processes & gets
you where you want to go
19
What IS a “good article”?
20
Desirable Criteria Score Undesirable Criteria Score
Positive: Leaves reader more likely to purchase, work for, or invest OR less likely to oppose
1Negative: Leaves reader less likely to purchase, work for, or invest OR more likely to oppose
1
Contains one or more positive messages 1.5 Contains one or more negative
messages 2
Event/Program is mentioned 1 No Event/Program is mentioned 0
Dispels a myth 2 Perpetuates a myth 2
Positive headline 2 Negative headline 2
Third-party endorsement 1 Recommends competition 1
Contains desirable visual 1.5 Contains undesirable visual 2
Total Score 10 Total Score -10
What constitutes “Engagement” ?
21
Action Score
“Like”/Follow/Open/+1 .5
Favorites/Opens/Views .5
Comments 1
Shares content 1.5
Signs up to receive email or other owned content 4
Shares a link to an owned site 2.5
Total Score 10
24
What does an engaged employee do?
Metric Weighting
Participation in Training
Volunteers for Community Activity
Event Attendance
Comments
Videos watched > 50%
Total 10
Step 5: Collecting Good Data
23
Data is driven by goals What outcomes is your
program expected to achieve?
Ensuring data integrity
Do you have sufficient data? Do you have the right data? Are the time frames correct? Is sentiment accurate? Can you find the data you need?
24
13,200 corporate decision- makers and entrep. (2% of 660,000 - actual US figure is 11%)
Putting a value on the NH primary
220 million media impressions
22 million positive impressions (10% positive impressions)
660,000 non-primary visits(3% of 22 million)
$33 million in potential tourismrevenue
25
Tourism data
Media data
132 new businesseswith avg. 20 emp. per business = 2,640 employees @ $10,000 subsidy/business development value per emp.= $26,400,000
Economic Development
Data
Economic data
Correlation between Media Coverage and Goal Conversions (from Google Analytics)
0.28
0.399
0.405
0 0.1 0.2 0.3 0.4 0.5
Number of clips
Number of PositiveArticles
MQI Score
Pearson r value
Get the right data
27
• Survey or Online action Awareness• Survey or Online action Preference• Survey or Online action ) Consideration
• Sales contact system Leads
• Monitoring/listening or Survey Messaging• Monitoring/listening Visibility• Revenue/expenses Cost savings
The Key Questions to Make Sure You Get the Data You Need Questions that need answering:
Who’s going to use the data? When do they need it? What are the objectives being measured? What’s the time frame? What conclusions do you need to draw? What programs need measuring? What are the basic requirements? What are the “nice-to-haves”? Who’s the audience? What’s the budget?
28
Step 6: What’s the Point? Use Metrics to tell Your Story Rank order results from worst to
best Stop doing the “worst” performing
things Ask “So What?” at least three
times Find your inner “Data Geek” (or
someone who is) Compare to last month, last
quarter, 13-month average
29
The Data is the Data
Don’t be afraid of bad news You learn more from failure Suggest ways to improve Make sure you relate data to
goals
30
Analyzing your data Rank everything from best
to worst Learn from what didn’t
work
31
Program MQINumber or Clips
Frontline 2.88 15PBS Newshour 2.91 46Sesame Street 3.62 119PBS Kids 4.01 99Victoria 4.54 12Nature 4.62 17PBS Children's Programming 4.63 18Mercy Street 4.63 23Independent Lens 4.88 22Mercy Street Season 2 4.88 19Great Performances 4.94 16Masterpiece 4.95 37Charlie Rose: The Week 5.00 26Downton Abbey 5.05 15Muhammad Ali 5.42 13American Masters 5.48 16The Bronte Sisters 5.77 13Vietnam 5.80 10The Vietnam War 5.92 16
Free entertainment generated the highest Optimal Content Scores
9.308.68
8.108.00
7.677.50
7.367.31
7.156.71
6.546.36
5.735.26
Free EntertainmentLady Antebellum Concert
Sand Sculpting World CupChallenge Triathlon
Boardwalk Hall Light ShowHello Summer
Sand BlastMiss'd America Pageant
Blake SheltonAir Show
July 4th FireworksDO AC
Meet ACMiss America
Top Programs By Optimal Content Score (OCS)
32
32
Prioritizing Efforts
33
Market News InternationalJacksonville Business Journal Online
American BankerAtlanta Business Chronicle
ForbesMiami Herald
Jacksonville Business JournalNew York Times
Fox Business NetworkTimes-Picayune Online
USA TodayUS News & World Report
Wall Street Journal OnlineForbes Online
Wall Street JournalUSA Today Online
CNNMoney.comAtlanta Journal-Constitution
Bloomberg Radio NetworkAtlanta Business Chronicle Online
EconomistFox Business Online
Bloomberg NewsReuters
TheStreetMSN Money (US)
MarketWatchBloomberg Television
New York Times OnlineCalculated Risk
CNBCWashington Post Online
MoneyBeatTwitter
Business InsiderCNBC Online
Reuters OnlineNASDAQ
Yahoo! FinanceSeeking Alpha
Outlets that Don't Include Key Messages Incorrect or Undesirable message No Message
Calculated Risk 2.42Atlanta Journal-Constitution 2.40Fox Organizational Network 2.25Nightly Organizational Report Online 2.10WFLA-AM (Fox News Radio) 2.00DealBook 1.63New Orleans City Organizational Online 1.00Forbes 1.00New Orleans City Organizational 1.00Miami Herald 1.00Facebook 1.00CNN Online 1.00Jacksonville Organizational Journal 1.00Reuters 0.91MarketWatch 0.90Economist 0.88FiveThirtyEight 0.75CNBC World 0.50Times-Picayune 0.50Tennessean Online 0.50
Media Outlets with Lowest Quality Score
Analyzing Event Metrics By Engagement and Trust
High Trust, Low Resources Events: Forums in March, April, May
Highest Trust Overall: Econversation 515
Lowest trust, highest resources = XXX
Highest Engagement = XXX
34
The impact of media coverage on business development
660,000 visits to NH (3% of 22 million)
13,200 corporate decision- makers and entrep. (2% of 660,000 - actual US figure is 11%)
132 new businesseswith avg. 20 emp. per business = 2,640 employees
@ $10,000 subsidy/business development value per emp.= $26,400,000
132 new businesses(1% of 13,200 or .0002 of all visits)
35
Remember These Points
It’s not about the media, it’s about the Organization and the Stakeholders
1
It’s not about big data, but about how you use it.2
You need to be data informed, not data-driven.3
It’s not how loud you’re shouting it’s about relationships.4
Standards are a reality, not an excuse to hide behind.5
Thank You!
Visit Paine Publishing online: www.PainePublishing.com For any questions, email me:
[email protected] Follow me on Twitter: @queenofmetrics Follow Paine Publishing on Facebook Or call me: +01-603-682-0735
37
37