Measuring Buzz: Strategic Meets Social Media

It is no surprise to me that most social measures are misused. Many of the misconceptions mimic erroneous measures that are currently misapplied by the majority of public relations firms (not all of them) and ad sales teams.

By bridging traditional communication example with the current misapplication of measurement in social media, the error becomes even more apparent. We know a lot about that; we see it every day.

Buzz is the easy part.

In the late 1990s, my niche sub-consulting company did something out of the ordinary. We launched a split local/international trade publication for concierges and hospitality professionals.

At the time, the concierge profession was relatively new to Las Vegas, which had previously relied exclusively on VIP guest services (for guests who gambled a certain amount, based on coin in or average table wager). Between their interesting and sometimes funny stories (secrets inside Las Vegas and from around the world), front line customer service tips, and hospitality management content with interviews from key people within the industry, we had a hit concept — enough to score the front page of the Las Vegas Sun business section and dozens of write-ups in other publications.

This was a huge success because start-up publications are a dime a dozen in Las Vegas and established publications, not surprisingly, are usually unwilling to write about another upstart that might compete for advertising revenue. We were the exception.

But then again, we had a strategic plan, the right editorial mix, and knew how to communicate our message. In fact, some publishers not only gave us a leg up, but they also became content sponsors.

Buzz is not a measure.

Where the division between publicity and public relations sometimes lies is in the execution of the message and in what is measured. Had this public relations effort been measured by some firms, the measures would have been focused on the buzz.

Some might have counted column inches and reported that those column inches were worth the equivalent of tens of thousands of dollars in advertising. They may have claimed that the number of “hits” the release received and media comments meant something.

They may have even claimed that they had “special relationships” with certain reporters to make sure the story got play. Or that if the release in its entirety, then that means something about the firm. Silly, I know.

Defining tangible measures.

All the media attention we received was appreciated, but not our measure. Sure, we tracked it, but that is only the tip of measurement ice berg. The real value was in tangibles like how many potential advertisers called to order one of the highest cost-per-impression publications anywhere? Several dozen.

And how well did these positive stories help establish our brand and reputation? Very well. And how many advertisers actually signed contracts? A few, but that was intentional. We only started the publication with 8 pages and didn’t have a whole lot of space to sell.

How did we do that? We had the daunting but doable task of killing the concept of cost per impression. What we had instead was something different. We calculated the value of concierge recommendations. In doing so, we discovered that concierge recommendations influenced approximately $1.2 billion in purchasing decisions in Las Vegas every year.

What does that mean? It meant concierges referred as many as 4,000 qualified buyers per month to a select retail stores, booked almost half of all reservations at select restaurants, and sent more than 2,500 additional participants to local events. These were not window shoppers. They were qualified buyers. Of course, being an advertiser was not enough to get this kind of traffic. The burden of meeting high concierge standards was still on the advertiser. (Of course, knowing key executives read the publication helped too.)

Drawing the comparison.

So what if this publication existed online today? What is a suitable measure? Link buzz? Cost per impression? Influence ranking? Click-throughs? The measurement comparisons are apparent.

Tangible results generated by our public relations effort would ultimately be the end result of receiving calls for advertisers (including the publications themselves). The measure of our media kit and sales team would be the number of qualified conversions (because we did not accept all advertisers). And for advertisers, the measure was in the number of qualified buyers recommended by a trusted source. Those are tangible measurements.

Key News * Las Vegas enjoyed a great run until we sold our rights (but the parties who bought it did not do anything with it). Five years later, we still receive calls from potential advertisers inquiring about purchasing an ad in a publication that grew from eight to 16 pages and from 500 to 10,000 hard copy and online readers. (We even had a function that was not dissimilar to a blog).

Eventually, we’ll duplicate these efforts again with someone. We just haven’t found the right partner or investor (which is secondary to our core business services). Of course, any new publication doesn’t have to be hospitality based nor would have to have the burden of expense that we had: printing and full-time designers are optional.

Considering Sundance: Social Media Measures

A few years ago, Sundance Catalog Company opened a store inside Boca Park in Las Vegas, a retail center that continues to offer great dining, apparel, art, and accessory boutiques. We were working for the developers of Boca Park at the time, the same developers responsible for the acclaimed the Mall of America in Minneapolis.

There was no question that Boca Park was the right place for Sundance. Boca Park is located in Summerlin, a master-planned community surrounded by more than 100 square miles of luxury, executive, custom, and gated residential developments with thousands of homes priced at more than $1 million.

From a social media perspective, Robert Redford’s brick and mortar store was a virtual gold mine. It had it all. A prime location. An attractive corner building. Friendly employees. A high traffic count. Celebrities stopping by. Great content. Dozens of “link-like” plugs from various newspapers and magazines. It was hot!

Oh, except for one little thing. Sales. Nobody bought anything. It was all eye candy; a window shopper’s paradise. I once bought a very nice light switch cover there. It cost about $10.

Not surprisingly, Sundance moved out. It was replaced by Tilly’s, which does very well at Boca Park because, well, people buy things. Sometimes I buy too many things.

Sure, I know precisely what was wrong with the Sundance store and how it could have been amazingly successful given the surrounding area, but that’s not really what this post is about. What this post is about is the growing pressure on social media measurements and why these measures are slowing down businesses that want to migrate to social media. More often than not, social media is measured like the Sundance store.

I’ve been brooding about this for some time now. And no, it’s not the kind of stuff that makes you popular in some circles, especially those who rank. However, other people are starting to wonder if I might not be right, at least a little bit.

Where does the hype end and the real measure begin? At least those are the kind of questions that Geoff Livingston, author of the new book, Now Is Gone, is starting to ask about what is now called the Ad Age Power 150. (We’ll be opening up more discussion about this later today at BlogStraightTalk on Bumpzee and BlogStraightTalk’s newest home on BlogCatalog.) But I wanted to touch on a question raised by Andrew Graham, an account executive for Cognito, on Linkedin.

“How should social media companies be valued?” Graham asked in response to my query, what social media question is not being adequately answered by communication experts? “Given a lot of these companies are more or less built for acquisition, I think it's a legitimate question.”

Exactly. Right now, traffic counts, clicks, rank, and links are considered the most relevant measures of social media. Don’t get me wrong; these measures can play an important role in the greater scope. But, unfortunately for businesses, they provide a skewed sense of reality.

In other words, there are a whole lot of Sundance brick and mortar stores (like the one mentioned above) online. They have everything going for them, except a tangible measure like sales. And the reason is pretty simple. Many of them are chasing social media measures instead of strategic business goals. To what end?

As preliminary answer to Graham, in my opinion, a social media company is worth what someone will pay for it, but the social media measures that are currently in play (like clicks and links) over inflate the value unless proprietary technology is part of the package.

In terms of blogs or other social media tools, the best measures are based on its ability to meet strategic goals: things that range from brand awareness and market share to member engagement and sales. All the other stuff, while helpful and not to be discounted en masse, are not really valid measures unless the buyer is equipped to turn traffic into something tangible.

Likewise, companies entering social media to expand their communication plan might consider what goals they want to meet on the front end. And no, I don't mean rank as much as bank. That's what we've been doing for several companies over the last few weeks, determining what real goals they can tie to their social media plan.

Making The Grade: Veronica Mars

Jericho fan John Rodriguez, who publishes the Jericho-dedicated video-driven ThunderHawk blog on Yahoo! 360 beta, knows that the “greatest challenge is keeping people motivated. It takes a lot of time invested into
promoting something. It takes good communication, and fresh up to date information, on what is going on.”

“You must fan the flames of your project, and keep it hot,” says the Internet veteran who used to run three early BBS networks. “There is a small handful I have seen excel above and beyond. The work I have seen is much better than current CBS promotions.”

Jericho fans continue to do their best, largely on their own, while waiting for CBS to officially reveal the start date of Jericho Season 2 (which is likely to be a mid-season break). Similarly, but for very different reasons, the power of consumer marketing is also being played out by another fan base. Unlike Jericho, they have nothing but rumors and faith that something, anything, might happen.

These are the fans of Veronica Mars, the critically acclaimed teen drama/mystery neo-noir series starring Kristen Bell. They could not save their show from being cancelled (the only reason perhaps, in my opinion, was the late start of the consumer campaign), but have, amazingly enough, continued to build on their momentum.

“The main problem with putting together a campaign of any kind is ensuring that there are not multiple campaigns working against each other,” says Shannon Miller, Web master of the Veronica Mars Movie Web site. “The best way to keep up morale is to work in phases … to have multiple steps to the larger plan, and continue to encourage smaller campaigns along the way.”

Like Jericho, there are several groups of fans with different goals, ranging from fast-tracking syndication to focusing on the full-length feature film (and some who still hold out for a complete reinstatement, which seems unlikely). Where Veronica Mars fans are winning is in their success in establishing a centralized forum called Neptune Rising. The goal of Neptune Rising is to consolidate fans with different goals under one campaign banner in order to benefit each other and support a larger campaign, whether that means promoting syndication or the movie.

“We occasionally have a hiccup, but we work them out,” says Mark Thompson, who was introduced to Veronica Mars as late as season 3 because of previous fan efforts. He works on Save Veronica Mars. ”Morale is something that has to be considered and it varies with each person [so we have to keep it high]. Right now, we’re concentrating on building our membership numbers because the more members we have, the better our chance of success.”

Thompson, like everyone we had contact with, stressed that they respect the privacy of the creators, crew, and cast (even saying they are excited that Bell will be appearing in Heroes), and prefer to keep their focus narrow: finding existing fans, creating new fans, requesting syndication, and keeping the dream of a movie alive. By doing so, their work has gotten noticed. Rob Thomas, Veronica Mars creator, recently responded to a letter sent in by a former Web master.

“I'm afraid I don't have a definitive answer other than to say I want to do it. Unfortunately right now, I need to pay the bills, and I'd have to write the movie on spec.,” said Thomas. “It's difficult to consult on a show, develop new pilots and knock out comic books and/or a feature script. I'm grateful that there are fans anxious for it, and I remain motivated.”

Thomas is not the only one. Rachel Gerke, who was instrumental in providing backgrounders and assisting us with collecting interviews (better than some public relations professionals, I might add) for this post, notes that Bell’s answers in interviews have changed.

“I think that Kristen Bell is listening. Her interviews went from thinking that a movie was not going to happen to talk between her and Rob Thomas that it could happen,” said Gerke. “I think the challenge is getting enough active people in each of our smaller groups. As long as we have someone overseeing each of them, which we do, it will work out well.”

Courtney Harris is one of the primary organizers. She created the majority of the sites, including the forum and MySpace page. She also made many of the petitions and movie posters.

“I’m not big on coming up with ideas, but I’m really good at getting things done,” says Harris. “A lot of dedicated fans seem to be listening and willing to take on the challenge, and fans in general seem to be interested in what we’re doing. Just getting a group of fans together to create a campaign is a huge success in my opinion. As long we stay on track, I’m hoping it will all go up from there.”

If there any is indication that their collective plans are working, perhaps Sara Pillitu is the perfect example. She is an Italian fan who followed the “Bars for Mars” cancellation protest campaign but suddenly found herself very involved in the effort.

“We’re very lucky to be happy to be ‘shiny, happy people’ and we work constantly to keep morale up with jokes and discussions about the show,” says Pillitu. “We do a lot of recruitment and we always look for new ideas to get the people involved in our campaign to save Veronica Mars. Unfortunately, Veronica Mars is not so popular in Europe, so right now I'm trying to spread the buzz on the show and create a partnership between us and the European fan sites.”

Collectively, while the outcome is anybody’s guess, Veronica Mars fans have a lot working in their favor. Here is a hot list of things they are doing right:

• They have established a centralized group that remains largely positive.
• They have designated smaller groups, each focusing on slightly different promotional efforts or social networks with informal leaders to provide direction.
• They welcome new Web masters and encourage them to promote specific goals.
• They have established clearly defined primary goals: engage existing fans (some who have become active supporters) and find new fans (loaning personal DVD sets when they have to) with the focus on supporting a movie.
• They have established secondary goals such as encouraging Warner Brothers to put the show into syndication and promoting DVD sales.
• They have a consistent message. Each participant responded separately, but they all had very similar answers. Their message sticks.
• They have remained courteous and supportive of the cast and crew, even going so far as to promote other ventures.
• They have remained courteous and supportive of each other and have fun.

All of this seems to demonstrate marked progress since we first mentioned Veronica Mars fan efforts in June. Currently, the fans are also looking for ways to raise funds to support promotional efforts as well as encouraging other sites to pick up on their efforts. (Hey Stephen King ... maybe you could plug fan base movements in one of your Entertainment Weekly columns.)

For some other insights into the fan base that will never say Neptune sets, visit the VMCW MySpace page where they still comment today. Consumer marketing. You have to love it!

Growing Pains: Really Fast Apps

We all know about fast cars, fast companies, and fast social networks. But how about a fast app?


“We’re about 5 days into the launch of BlogRush and its growth has been nothing short of EXPLOSIVE,” screams an e-mail from BlogRush. “We’ve served over 40 MILLION blog headlines…”


Zooooommm …

But all is not is not well in the land of social media for BlogRush. In some cases, it is losing subscribers because it took less than five days for programmers to game the system. From BlogRush …

• We are moving to a Manual Review; eliminating automation
• We are continuing to add security measures to ban cheaters
• We have added different colored widgets (called flavors)

This is not to say BlogRush will crash; I am still testing it. So far, there seem to be a few errors in their overall model. Much like Yuwie, they are attempting to overlay a multi-level marketing approach, where members who get members get credit (this model begs for cheaters). But more than that, one wonders how much gaming there really is — are people randomly clicking through just to drive up their credits? (I won’t know until I can measure “time on site” from BlogRush clickers to regular readers.)

BlogRush is not the only one experiencing growing pains. The New York Times announced that people would rather search for news than subscribe (really?). And CBS is speeding up its plans toward convergence. Everybody, it seems, is attempting to leap frog to the next level.

• Yahoo! just merged MyBlogLog accounts without any communication other than an opt in.

• Bloglines is beta testing a start page that looks a little like PageFlakes without the news and cool content.

• Digg is adding profiles along with 50 new features. It highlights a mere five promising features on its video; it says it will only take a minute but it really takes about two-and-half.

• BlogCatalog.com is in the process of launching Groups, which is expected to be moved out of beta in just a few days.

• Hey!Nielsen is only three days away from becoming a larger public beta, Nielsen’s effort to stay relevant in a changing world.

From a communication perspective, only Digg and BlogCatalog seem to be spot on with communicating change. They both have different approaches: Digg launched the changes but had an arsenal of communication vehicles waiting in the wings and BlogCalalog has been completely transparent every step of the way.

So if communicaton is any measure as it can be with traditional companies, those who communicate the best will likely thrive. Those who don't ...

Well, hold on tight. Really fast apps mean some people might crash and burn along the way (or maybe get acquired). As they do, you can expect some measures to crash right along with them. More about that on Monday.

Pitching Bloggers: Commercial Real Estate News

How many blind pitch letters need to be published before businesses and public relations firms begin to appreciate that a poorly written pitch carries more risk than reward? Right.

Dear commercial real estate blogger,

Each day you'll find new stories that relate to the larger and more institutional size real estate transactions that are currently taking place around the entire United States at crefeed. [note: I removed the .com, etc.]

We're a commercial real estate site interested in the people involved in each transaction and something that's newsworthy about those people and the relationships the [sic] make the transactions happen.

We've come across your blog while doing research and we're seeing if it's possible that you could post a link on your blog to our site.

Also, feel free to reference us and our stories in your posts.

Please reply with any questions to [e-mail].

Thanks,
The CREfeed team

The commercial real estate blogger is supposed to be “me.” While it is true that our company has commercial real estate experience, this blog really has more to do with advertising, copywriting, marketing, communication, public relations, and social media. You know, topics like, um, poor pitches.

To be honest, having worked as a journalist, I’ve never been really big on pitches. Generally, pitches are non-specific pleas to a journalist to find something interesting about the company (as opposed to the company or public relations firm finding something interesting about the company, which is their job).

Reporters get dozens if not hundreds of these pitches every day by e-mail and on the phone. Then, we wonder why they become cynical. Maybe it is because the vast majority of pitches are loaded with lies and a complete waste of time.

While news releases are not much better, I am beginning to think I prefer them because at least they do not pretend to be something they are not. Anyway, while I have mixed feelings about drafting a pitch solution, let’s explore how this one might have been better crafted. (I would like to stress though, pitch at your own risk. There are better ways to reach bloggers. Journalists too.)

Dear Rich,

I recently read your blog and noticed that you have some experience in commercial real estate. I was especially interested to read that you were able to help move a commercial real estate company to be ranked number one in your market.

Consider the obvious. With a personal salutation and direct reference to something on the blog, they could have demonstrated they’ve actually read it (even if for no other reason than to pitch something).

Since your focus is on communication and you have commercial real estate experience, I would like to share some results that the CREfeed has had since launching its new commercial real estate news feed.

Okay. This might be more interesting because it might be a pitch, but at least it is a specific pitch. You might also notice that there is no need to boast about their pretend blog research; they could have proven it.

What we do at CREfeed is cover large commercial real estate transactions, including the people and the companies behind the transactions, sometimes focusing on best practices. Since our launch, we have accomplished [insert some examples and results].

The examples and results would determine whether or not I would write about the company. Of course, if I were writing this pitch, which I probably wouldn’t, I’d add a link in the above paragraph.

If you have any questions or would like more information, please do not hesitate to contact me.

Thanks,
[insert actual contact]


There is no need to blantantly solicit a link or grant “permission” to reference them or their stories in my posts. In addition, what you could not see was that although an individual sent me the e-mail, they directed me to e-mail my questions to a blind e-mail account.

In closing, let me add that by quickly rewriting this pitch, this does not indicate that I am advocating pitches. What I am advocating is that if you are going to pitch as opposed to sending out a news release, at least try to ground yourself in fact rather than fiction. It might also help not to send the e-mail twice.

Changing Times: The New York Times

“The blogosphere is all about Internet links that move faster and more efficiently than the traditional word-of-mouth advertising.” Tracey Clark, May Papers

From Maria Piscopo’s article in Communication Arts, Tracey Clark believes in blog marketing. She's not the only one. And for good reason.

It took me less than a minute to find Clark’s e-mail and congratulate her on a prolific quote. The same day, she wrote me back, thanking me and mentioning that she didn’t know the article was up. I almost e-mailed her back to say I didn’t know if it was up on the net or not; I had read the hard copy version of Communication Arts. (How barbaric of me to say so, but Communication Arts is one of my few hard copy vices.) The assumption though is part of the story. The speed of being able to have a brief communication exchange took hours.

Do you remember how long something like that would take? Weeks? Months? Never?

In the article, Clark also mentions how quickly she understood the potential. Within her first month of blogging, she was featured as the “momtreprenner” of the month by a highly trafficked shopping blog for moms. Another featured blogger in the article, John Janstch, says he can track as much as $500,000 worth of business to his blog. There are more case studies to consider. We have a few here at Copywrite, Ink. too.

Social media works because as Clark’s quote sums, word-of-mouth marketing, one-on-one communication, or frontline communication have always been recognized as the most credible forms of communication. The down side was that it used to be slow – travel, meetings, follow-ups, phone calls, introductions.

Social media, blogs specifically, have a unique ability to create that one-on-one communication link between the blogger and the reader, which is reinforced by open participation in comment sections. It makes sense that individuals and small businesses were the first to employ them because blogs, unless overburdened by puffery, provide a better return on investment than other communication tactics on their own. Sure, it still takes some time and it is better to have someone on board who can write well; but that’s where companies like ours fit into the mix.

Ironically, this blogger-to-reader model is one of several hold backs for most businesses. Most executives don’t have the time nor the inclination to peddle their companies with a blog. And more than that, as I offered up on recruitingblogs.com, is that any trepidation is not because of blogdramas or personal blogs as some claim. It is because of what David Meerman Scott and I pointed out some time ago: there is too much gibberish. When you talk to people who are not immersed in social media, their eyes glaze over if you rattle off traffic, rank, connections, and influence.

In contrast, you can see the lights turn back on when you mention that Southwest Airlines attributes $150 million in ticket sales to its widget, which is part of its social media mix.

So what is really going on? Social media gibberish is beginning to outweigh the significance that social media can add to business strategy which is an opportunity to communicate with the power of one-on-one communication, develop a dedicated online publication (as opposed to e-mail blasts), or whatever 5-in-1 tool you can dream up.

The more businesses hear about these possibilities, the more likely they will engage in social media. But, if you ask me, eventually, they will embrace it anyway. Because, you see, the times are changing.

Right. The New York Times is changing (Hat tip: Jane Sweat). Effective today, The New York Times is ending TimesSelect and opening its content, archives, and other features for free. Why? Take it from the Times.

“Since we launched TimesSelect in 2005, the online landscape has altered significantly. Readers increasingly find news through search, as well as through social networks, blogs and other online sources. In light of this shift, we believe offering unfettered access to New York Times reporting and analysis best serves the interest of our readers, our brand and the long-term vitality of our journalism. We encourage everyone to read our news and opinion – as well as share it, link to it and comment on it.”