Category: analytics

  • Measure share of engagement instead of share of voice

    One of my least liked measures and metrics in marketing, and especially in marketing communications, is share of voice. Share of voice is theoretically what part of the conversation your brand owned during the reporting period. However, share of voice is incredibly easy to fake. Want to own share of voice? Print a press release…

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  • Do Twitter direct messages boost sales?

    One of the ‘best practices’ touted by social media ‘experts’ is to never use direct messaging features in a social network to advertise. This has become such an ingrained belief that social media users take umbrage when it happens to them. Why? If the end user doesn’t want to hear from someone, unfollowing is a…

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  • IBM Watson Analytics Maps Social Media Conversations

    We struggle as marketers to identify influence in the context of conversation. We see who has the biggest audience, who has the highest number of shares or retweets – that’s table stakes. What we cannot easily visualize are the networks of conversation people have about a topic. Wouldn’t it be valuable to know who talks…

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  • Learn basic regression analysis for marketers [VIDEO]

    In this short 12 minute video tutorial, you’ll learn why regression analysis is important, what tools to use for getting started, and how to do a regression analysis on some marketing data. You’ll also learn what a hypothesis is and how to prove or disprove one. This tutorial is taken from my new book, Leading…

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  • Do Facebook Reactions increase engagement?

    Facebook Reactions have been live to the planet for a week. Consumers have the ability to not only like, but love, laugh, wow, angry, and sad at content they see on Facebook. We’ve discussed analytics potential for them and caveats about what not to do, like Reaction-baiting. The big question I have is, are Reactions…

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  • Will Facebook give marketers analytics for Reactions?

    UPDATE: The answer is yes, in the new Facebook Reactions API. Marketers want Facebook Reactions analytics for more precise sentiment analysis. Will Facebook give it to us? Yes. First announced last fall, Reactions are now available to all Facebook users. Instead of simply choosing to Like a status, Facebook users can now choose a variety…

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  • What’s in store for analytics in the next 5 years?

    Shawn asked recently, “How do you see the field of analytics changing in the next 5 years?” This is a terrific question with a nuanced answer. If, by analytics, we mean the specific process of taking data and explaining what happened in it – harkening back to the original Greek analein, to loosen up, then…

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  • Want to know your audience better? Try this test.

    When it comes to understanding your audience, few things provide as much insight as how your audience describe themselves. What are the words and phrases that they use to talk about themselves? Social media provides this answer to us in the form of profile biographies. Whether LinkedIn profile, Twitter bios, etc., we can learn quite…

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  • Are you marketing to the same audience?

    Are you marketing to the same audience? If you aren’t, you’re missing both an opportunity and a problem. As marketers, our audience is our raw material. From audience, we grow evangelists, prospects, leads, revenue, and reputation. We need our audience to do even the most basic marketing work. If we were chefs in the kitchen,…

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  • The glaring flaw of influencer identification software

    “It’s not just who you know, but who knows you.” – Mitch Joel Social media influencer identification software has one glaring flaw across many different analytics tools. Today’s tools focus too much on the what and not enough on the who. I was doing some client work the other night and found I needed to…

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