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« Driving Incremental Growth through Brand Partnerships: Zipcar | Main | Where social media is not socially accepted yet »

September 22, 2009

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Matt S

I look forward to seeing what they come up with, mostly because I've always leaned towards believing that a successful PR campaign is something that you know when you see it. Totally agree that the volume of media clips is not the way to go and business performance is. But here's one problem I hope they address: Clients often want a quick report soon after launching a campaign, a week for instance. True business benefits may not be realized for some time after an event or campaign. I've heard of business deals that landed six months after a great performance at a trade show, for instance. How do you create a metrics system that accurately measures business performance but satisfies the immediate needs of clients?

Marketing Sociologist

Just hope they don't misuse ROI. It is a business term meaning return on investment, not media coverage.

An example; if a dentist spend $5,000 s/he can expect an ROI of $25,000 the first year s/he uses the drill.

Getting mentioned in the media does not bring money in the door. It builds awareness. So using ROI is as dumb as using the word chauvanism - which means excessive loyalty to your country - when you mean sexism or misogyny.

Flackman

Establishing success metrics is crucial, but also getting the client to effectively set strategy is also a big issue in the rush to get a program off the ground. The "fun" stuff tends to supersede the "what to do" and the "what you got".

Sean Williams

Ed, thanks for a thoughtful post. You are spot-on that there are people who have been working on guidelines (rather than standards) for some time. Katie is one, David Rockland another, and really, most of the people on the Institute for PR Measurement Commission (I'm fairly new, in my 4th year).

Your commenters are also correct with both their concerns and suggestions. The client needs to 1) be willing to pay for a measurement program and, 2) be willing to be educated about the lag between tactical execution and "final" results.

Part of the solution regarding the ROI calculation is to use it only as "marketing sociologist" suggests -- a financial metric revealing the bottom line impact after cost. There certainly IS value apart from ROI, and we need to measure that as well.

The concept of value separate from financial impact is an important distinction, and one I hope the star chamber will explore.

Sean Williams
@commammo

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