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Measuring Media in the digital ageTRANSCRIPT
©2010 Dow Jones & Company©2010 Georg Ackermann
Georg AckermannMedia Lab Team LeaderContent 101 – Singapore, December 10, 2010
Measuring Media in the Digital Age
©2010 Dow Jones & Company©2010 Georg Ackermann
Clients…
©2010 Dow Jones & Company©2010 Georg Ackermann
PR companies &Corporate Communications
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DATA
to take decisions
need
©2010 Dow Jones & Company©2010 Georg Ackermann
DIY…
©2010 Dow Jones & Company©2010 Georg Ackermann
… or highly customised
©2010 Dow Jones & Company©2010 Georg Ackermann
©2010 Dow Jones & Company©2010 Georg Ackermann
Clients are looking for…
Monitoring and BenchmarkingTracking campaignsCrisis ManagementDiscovering threats and opportunitiesSentimentEngaging with the “Influential”Metrics
©2010 Dow Jones & Company©2010 Georg Ackermann
Tracking Campaigns
©2010 Dow Jones & Company©2010 Georg Ackermann
“Ambush” vs. Official
Sponsorship
Nike launches Youtube campaign
Worldcup starts
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Factiva limits queries to 2048 characters
Insight allows up to 15,000 characters per concept
Customised searches
©2010 Dow Jones & Company©2010 Georg Ackermann
Crisis ManagementDiscovering threats
SentimentReputation Management
©2010 Dow Jones & Company©2010 Georg Ackermann
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll
do things differently.
Warren Buffet
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Communications Objectives & Strategy
Planning, Execution, Control
Monitor Discover Engage
research & promote the buzz
issues, trends& strategies for
impact
opportunities & risks in time
to act
Analyse
& pinpointbetter the influential
©2010 Georg Ackermann
©2010 Dow Jones & Company©2010 Georg Ackermann
Monitor
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Monitor Analyse
Analyse - Break it down
©2010 Georg Ackermann
©2010 Dow Jones & Company
Analyse
Who are they talking about?
What are topics/ issues discussed?
How good is your brand image?
How is your media footprint globally?
©2010 Georg Ackermann
©2010 Dow Jones & Company
Analyse
What are trends in traditional vs. social
media?
Who is writing about you?
What are keywords of your brand coverage?
©2010 Georg Ackermann
©2010 Dow Jones & Company©2010 Georg Ackermann
©2010 Dow Jones & Company
Discover
©2010 Georg Ackermann
©2010 Dow Jones & Company©2010 Georg Ackermann
Discovering opportunities
©2010 Dow Jones & Company©2010 Georg Ackermann
Media Coverage
Time
Emerging trend
Momentum phase
“fuel cells”
Here is when you want to invest
Here is where your investment pays off
©2010 Dow Jones & Company©2010 Georg Ackermann
Engaging the Influential
©2010 Dow Jones & Company©2010 Georg Ackermann
Who you should track
©2010 Dow Jones & Company©2010 Georg Ackermann
Source: Ogilvy Public Relations
What you should track
©2010 Dow Jones & Company©2010 Georg Ackermann
©2010 Dow Jones & Company©2010 Georg Ackermann
Social Media Crisis Nestlé unwillingly put
public attention to Greenpeace's video
campaign
©2010 Dow Jones & Company©2010 Georg Ackermann
Activists change their Facebook profile photos to anti-Nestlé slogans and start posting to the Nestlé fan page
©2010 Dow Jones & Company©2010 Georg Ackermann
©2010 Dow Jones & Company©2010 Georg Ackermann
MetricsMedia Measurement
©2010 Dow Jones & Company©2010 Georg Ackermann
Meet the board…
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AVE (Advertising Value Equivalent)… puts monetary value on media coverage
… measures column inches or broadcast seconds (“earned media”)
… multiplies these by the equivalent cost of advertising in the same media
©2010 Georg Ackermann
©2010 Dow Jones & Company
AVE – not really equivalent… measurement tool to assess prominence and cost
©2010 Georg Ackermann
What about sentiment, exclusivity and context?
What is the impact on the target audience?
FAIL!
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…you’re fired!
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“Results-based” methods…
• tone of the message (favourable, unfavourable, neutral, balanced, unbalanced)
• prominence and placement
• credibility and targeted reach of the medium, impressions
• appearance of key messages
• comparison to previous performance, expected results or competitors
©2010 Georg Ackermann
©2010 Dow Jones & Company
KPI (Key Performance Indicator)
©2010 Georg Ackermann
Source: Altimeter Group
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KPIs
©2010 Georg Ackermann
How is the share price reacting?
ResultsCost
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Success…
©2010 Dow Jones & Company©2010 Georg Ackermann
©2010 Dow Jones & Company©2010 Georg Ackermann
Some recent Media Lab success…
Media Lab
©2010 Dow Jones & Company©2010 Georg Ackermann
©2010 Dow Jones & Company©2010 Georg Ackermann
©2010 Dow Jones & Company©2010 Georg Ackermann
©2010 Dow Jones & Company
Questions?
Thank you.
Media Lab
Georg AckermannMedia Lab Team Leader@derackermann
[email protected]@dowjones.com