tips and techniques to measure social media measurement 2009
DESCRIPTION
This is my social media measurement deck from the IPR Measurement Summit 09TRANSCRIPT
Social Media Measurement Techniques and Tips October 14 , 2009Katie Delahaye [email protected]:/kdpaine.blogs.comMember, IPR Measurement Commissionwww.instituteforpr.org
What Matters?
To P&G: EngagementTo the Humane Society:
DonationsTo ComCast: Happier
customers To Best Buy: Better informed
employeesTo WMUR: Faster, more
complete, more relevant stories To Dell: SalesTo Molson: Better messaging
What Doesn’t Matter?
AVEsEyeballsHITS (How Idiots Track Success)Couch Potatoes# of Twitter Followers (unless you’re a celebrity)# of Facebook Friends/Fans (unless they donate money)
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Old School 21st Century
You are a party planner, not a communicator
The definition of timely has changedThe definition of reach has changed
GRPs & Impressions are impossible to count (an irrevelvant) in social media
The definition of success has changedThe answer isn’t how many you’ve reached, but how those you’ve reached have responded Page 5
Old School PR 21st Century Role of PR
Social Media renders everything you know about measurement obsolete
Some really scary numbers* if you’re an ad agency
More respondents spend more time on daily personal Intent usage than watching TV 53% of DVR owners watch at least 50% of content on replay – skipping ads all together Consumer Internet ad spend outpaces TV spend by 3X26% of US respondents have already contributed content to social networking sites. 32% said they follow recommendations from friends2 out of 3 ad execs expect ad revenue to shift from impression-based to impact based metrics within three years
*The End of Advertising as we Know it , IBM 2009
Signs that it’s the end of measurement as we know it 1. 11 Moms make a bigger difference than 11
million 2. 1 person on Twitter changed the reputation of
Comcast 3. 1 CEO’s blog is changing the face of
healthcare in Boston4. Facebook USERS translated the site from
English to Spanish via a Wiki in less than 4 weeks and cost Facebook $0
5. Dell has made more money on Twitter than Twitter has
6. Ex-employee networks are helping companies lower costs and speed response times
7. The Epping, NH police department is on Twitter
The New Rules of Communications
You aren’t in control and never have beenThere is no market for your message You become what you measureShe/he with the most data winsBehind every Tweet or Post is a person Empower employees, rely on customersEnable the conversations—it’s going on, with or without youSpin is dead, long live transparency – you can’t fake it so be who you are and see who is pleased Crowdsourcing will beat outsourcing every time
The Engagement Decision Tree
Awareness
Consideration
Preference Trial Purchas
e
FindObserv
e/Lurk
Participate
Engagement
Purchase/Act/Link/WOM
Goals for Social Media
1.Marketing/leads/sales/2.Mission/safety/civic
engagement3.Relationship/reputation/
positioning To fix this Or get to this
Goals drive metrics, metrics drive results
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Reputation/Relationships
Relationship scores
Recommendations
Positioning
Engagement
Get the word out
% hearing
% believing
% acting
Sales
Engagement Index
Cost per customer
acquisition
Web analytics
Sales leads
Marketing Mix Modeling
Goal
Metrics
Change the conversation, improve your reputation
Improve your reputation
Listen first, then respondStop doing stupid things
Negative coverage over time
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr2006 2007 2008
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4 42
1 12 2 2
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Entr
ies
Goals, Actions and Metrics Goal Action Output Metric Outtake
MetricOutcome Metric
Increased on-line reservations
Revamp website
Amount of content on web site
% perceiving state as a destination
% increase in web traffic and reservations
#1site for visitors to NH
Increase staffing and resources for communications
Increased exposure of “visit NH” message
Increased perception of NH as an an extreme destination
% increase in agreement with the statement
Website is preferred site for information
Add content, features to web site, keep up to date
% increase in traffic
% agreeing with the statement
# 1 rankings, and time spent on site
The 7 steps to Social Media ROI
1. Define the “R” – Define the expected results?
2. Define the “I” -- What’s the investment?
3. Understand your audiences and what motivates them
4. Define the metrics (what you want to become)
5. Determine what you are benchmarking against
6. Pick a tool and undertake research7. Analyze results and glean insight,
take action, measure again
Step 1: Define the “R”
What return is expected? – Define in terms of the business or mission.
What were you hired to do? What difference are you expected to make?
If you are celebrating complete 100% success a year from now, what is different about the organization?
If your department was eliminated, what would be different?
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Step 2: Define the “I”
What is the investment? PersonnelAgency compensationSenior Staff time Opportunity costRaw costs/hr costs vs material costs.
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Step 3: Define your audiences and how you impact them
There is no “audience.” There are multiple constituencies Should you blog or Twitter? Don’t ask me, ask your customers List every stakeholder
Where do they go for information?What’s important to them?What is the benefit of having a good relationship with that stakeholder group?What’s important to them?Where do they go for information?What do you want them to know?
Understand your role in getting the audience to do what you want it to do
Raise awarenessIncrease preferenceIncrease engagement
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Step 4: Define your Key Performance Indicators (KPIs)
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The Perfect KPIGets you where you want to go (achieves corporate goals)Is actionableContinuously improves your processesIs there when you need it
KPIs should be developed for: Your own propertiesDifferent tacticsOther influential sites
Step 4: Define your Key Performance Indicators (KPIs) carefully because you become what you measure
Cost savingsEfficiency
Cost per message communicatedCost per new lead/customer acquired
Productivity: Increase in employee engagement/moraleLower turnover/recruitment costs
Engagement: Ratio of posts to comments% of repeat visitors% of 5+min visitors% of registrations
Trust:Improvement in relationship /reputation scores with customers and communities (Loyalty/Retention)
Thought leadership: Share of quotesShare of opportunities
Message penetrationPositioning on key issuesImprovement in favorable/unfavorable ratioImprovement in Optimal Content Score (OCS)
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KPIs for External blogs and other Consumer Generated Media
Share of positioningShare of rants vs. ravesShare of positives/negativesShare of visibilityShare of quotesShare of brand benefits
mentionedTypes of conversationsEngagement – ratio of posts to
comments Optimal content score
Revenue KPIs
Cost savingsCost per click thru, downloads, engagement vs other marketing channelsCost per message communicated vs other channels
Lifetime value of engagementCost per customer acquisition
Engagement metrics
% increase or decrease in unique visits In the past month, what % of all sessions represent more than 5 page views % of sessions that are greater than 5 minutes in duration % of visitors that come back for more than 5 sessions % of sessions that arrive at your site from a Google search, or a direct link from your web site or other site that is related to your brand % of visitors that become a subscriber % of visitors that download something from the site % of visitors that provide an email addressRatio of posts to comments
Courtesy of Eric Peterson
For all institutions, most postings were simply making an observation or distributing media.
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787
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203
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46
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0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Acknowledging receipt of information
Advertising Something
Answering a question
Asking a question
Augmenting a previous post
Calling for action
Disclosing personal information
Distributing media
Expressing criticism
Expressing support
Expressing surprise
Giving a heads-up
Giving a shout-out
Making a suggestion
Making an observation
Offering an opinion
Playing a game
Rallying support
Recruiting people
Showing dismay
Share of Conversation Types
Arizona State
Michigan State
Penn State
Purdue University
University of Michigan
44.2%
6.5%
30.9%
49.5%
100.0%
100.0%
100.0%
1.6%
53.9%
100.0%
26.9%
23.1%
10.8%
38.7%
72.7%
10.9%
15.5%
46.1%
66.6%
27.3%
35.1%
39.7%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Acknowledging receipt of information
Advertising Something
Answering a question
Asking a question
Augmenting a previous post
Calling for action
Disclosing personal information
Distributing media
Expressing criticism
Expressing support
Expressing surprise
Giving a heads-up
Giving a shout-out
Making a suggestion
Making an observation
Offering an opinion
Playing a game
Rallying support
Recruiting people
Showing dismay
Share of Engagement by Conversation Type - Institutional Blogs
Arizona State
Michigan State
Penn State
Purdue University
University of Michigan
cx
Share of conversation vs share of engagement
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0 2 4 6 8 10 12 14 16 18 20
Faculty
Students
Research, Physical Sciences
Courses
Research, Earth Sciences
Projects, Non -Research
Financials
Alumni Topics
Research, Life Sciences
Staff
Admissions
Legal News
Other
Research, Agriculture
Policies
Institution, Overall
Campus Life
Research, Social Sciences
Share of Subject
Peer 1
Michigan State
Peer 2
Peer 3
Peer 4
15.3%
68.7%
100.0%
4.4%
33.3%
96.8%
28.6%
34.9%
12.5%
43.3%
28.6%
13.0%
38.3%
100.0%
23.6%
66.7%
6.3%
28.6%
20.8%
2.3%
95.6%
33.2%
5.8%
28.6%
100.0%
86.8%
13.0%
31.0%
22.1%
3.2%
71.4%
43.5%
18.8%
94.2%
56.7%
14.2%
13.2%
53.2%
28.4%
21.1%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Admissions
Alumni Topics
Campus Life
Community Relations
Courses
Events
Faculty
Financials
Institution, Overall
Inventions
Legal News
Other
Partnerships
Policies
Projects, Non - Research
Research, Agriculture
Research, Earth Sciences
Research, Life Sciences
Research, Other
Research, Physical Sciences
Research, Social Sciences
Staff
Students
Share of Engagement by Subject - ,External Blogs
Peer 1
Michigan State
Peer 2
Peer 3
Peer 4
The vast majority of discussion in external blogs is neutral.
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University of Michigan Purdue University Penn State Michigan State Arizona State
Share of Tone
Negative
Neutral
Positive
71%
3%
29%
94%
83%
42%
58%
6%
14%
58%
42%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Arizona State Michigan State Penn State Purdue University University of Michigan
Share of Engagement by Tone - External Blogs
Negative
Neutral
Positive
Emerging benchmarks Past PerformanceThink 3
PeerUnderdog nipping at your heelsStretch goal
Whatever keeps the C-suite up at night
Step 5: Define your benchmarks
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Non-Profit industry benchmarks in social media % of Desirable Coverage 96%
% of Key Message Communication
37%
Number of Messages tracked 11.5
Words per Key Message 14
Number of Key Messages tracked
11.5
Most frequent conversation types
Express support (69%) Making an observation (28%)
% rallying support 3%
% asking a question 4%
% of exclusive mentions 17%
% mentioning brand in title 8%
% of discussions in Blogs 51%
% of discussion on Twitter 30%
% of visibility from YouTube & Flickr
10%
Overview of Key Metrics
Bookmark.
Ext. Blogs
Inst. Blogs YouTube MSM
SOV 2% — 8% 9% 11% 7%
Popularity
230 bkmks
500/mo. — 20 links
150k views —
Engagement 59 cmts 1 day 13 cmts
2-12 cmts 2 cmts —
% Positive 20% 32% 54% 50% 15% 15%
% Negative 0% 0% 4% 0% 1% 2%
Strat. Mess. 40%† 18%† 42% 42%† 18% 38%
Peer 1 was the competitive leader in all but YouTube, where Peer 4 and Peer 3 led.Actions attributed to individuals were responsible for most content, except on YouTube.
Rank Order
Facebook YouTube Social Bookmarking
External Blogs
Institutional Blogs
1 Campus Life
Events Courses Faculty Campus Life
2 Sports Campus Life
Projects, Non-Research
Research, Physical Sciences
Events
3 Technology Faculty Research, Physical Sciences
Institution Overall
Institution Overall
4 Product Services
Courses Events Expert Commentary
Institution Sub-Groups
5 Events Institution Overall
Faculty Events Admissions
Few subjects appear across all forms of social media, so tailor outreach accordingly
Benchmarks put numbers in perspective
Twitter grade
Followers
Twitter rank
98.3
1295
43395
96.4
622
93718
99.99
15291
398
Shel Israel U of Penn Carnegie Mellon
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Step 6: Pick a tool
1. Content Analysis2. Survey3. Web Analytics
Step 6: Selecting a measurement tool
Objective KPI Tool
Increase inquiries, web traffic, recruitment
% increase in traffic#s of clickthrus or downloads
Google Analytics, Omniture, Web trends
Increase awareness/preference
% of audience preferring your brand to the competition
SurveyMonkey, Zoomerang
Engage marketplace Conversation index greater than .8Rankings % increase in engagement
TypePad, Technorati Omniture, Google Analytics
Communicate messages
% of articles containing key messagesTotal opportunities to see key messagesCost per opportunity to see key messages
Media content analysis –Dashboards
% aware of or believing in key message
Survey
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Content Analysis requires:
A content source: Google News/Google Blogs, RSS feedsTechnorati, Social Mention, Twazzup, Cyberalert, CustomScoop, e-WatchRadian 6, Techrigy, Sysymos, Visible Technologies, Scout Labs
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A way to analyze content
1. Automated vs. Manual
2. Census vs random sample
3. The 80/20 rule – Measure what matters because 20% of the content influences 80% of the decisions
4. Dashboards to aggregate data
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A coding methodology
TonalityWhat messages were communicatedHow you’re positioned on key issuesDominance/Prominence/VisibilitySubject of the article/postingWho was quoted?Products, events, initiatives, battles mentioned
Standard classifications of discussion
• Acknowledging receipt of information
• Advertising something• Answering a question• Asking a question• Augmenting a previous
post• Calling for action• Disclosing personal
information• Distributing media• Expressing agreement• Expressing criticism• Expressing support• Expressing surprise• Giving a heads up
• Responding to criticism• Giving a shout-out• Making a joke• Making a suggestion• Making an observation• Offering a greeting• Offering an opinion• Putting out a wanted ad• Rallying support• Recruiting people• Showing dismay• Soliciting comments• Soliciting help• Starting a poll• Validating a position
Standard classifications of videos
AdvertisementAnimationDemonstrationEvent/PerformanceFictionFilmHome VideoInstructional VideoInterviewLecture
MontageMusic VideoNews BroadcastPromotional VideoSightseeing/TourSlideshowSpeechTelevision ShowVideo Log
Why an Optimal Content Score?
You decide what’s important:Benchmark against peers and/or competitorsTrack activities against OCS over time Positive:
Mentions of the brandKey messagesPositioningVisibility
Negative OmittedNegative toneNo key message
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How to calculate Optimal ContentQuality score +1 0 -1
Score Score ScoreTonality Positive 3 Neutral 0 Negative -3
Positioning Contains 2 Doesn't contain 0
Positions the competition favorably or positions Sargento negatively -2
Messaging Contains 3 partially contains 0
Does not contain or miscommunicates key message (neg mess) -1
Quotes Contains 1 Does not contain -1Competitive mention
Does not mention Competition 1
Competition mentioned prominently -3
Total Score 10 0 -10
Visibility Score+1 0 -1
Score Score Score
Brand Photo Contains 3 Doesn't contain 0Contains competitive photo -5
Dominance Focal point 3 Not a focal point -1Visibility Headline mention 2 Top -20 % of story 0 Minor mention -2Target publication Top Tier 2 2nd tier 0 Not on target list -2
Total Score 10 0 -10
Optimal Content Score
Building Measures
Units of contentOverall theme (when many messages are combined)Entire message (e.g. article, blog post, etc.)Message parts (brand mentions, paragraphs, sentences)
Types of contentManifest: on the surfaceLatent: the meaning or interpretation of the contentLatent Pattern: meaning determined by surface observationsLatent Projective: meaning determined by coder interpretation
Building Measures (cont.)
Variables are exhaustive/ mutually exclusive
One can always be selected, and only one
Types of variablesNominal: categories, “buckets”
Brands mentioned, organizations mentioned, messages communicated
Ordinal: categories with an order or scale
Tonality, prominence, dominance
Numbers: number of words (zero means no words), number of brand mentions
Surveys require:
A defined sampleA list – a way to get to that sampleAgreement on what questions you need to answerA survey instrument/questionnaire A testA way to analyze data SPSS SAS
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Aspects of relationships
Control mutualityTrustSatisfactionCommitmentExchange relationshipCommunal relationship
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Control Mutuality
The degree to which parties agree on who has the rightful power to influence one another. Although some imbalance is natural, stable relationships require that organizations and publics each have some control over the other.
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Questions that test Control Mutuality
This organization and people like me are attentive to what each other says.This organization believes the opinions
of people like me are legitimate.In dealing with people like me, this
organization has a tendency to throw its weight around. (Reversed)This organization really listens to what
people like me have to say.The management of this organization
gives people like me enough say in the decision-making process.
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Measuring Trust
One party’s level of confidence in and willingness to open oneself to the other party. Includes:
Integrity: the belief that an organization is fair and justDependability: the belief that an organization will do what it says it will doCompetence: the belief that an organization has the ability to do what it says it will do.
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Questions to measure trust
This organization treats people like me fairly and justly.Whenever this organization makes
an important decision, I know it will be concerned about people like me.This organization can be relied
upon to keep its promises.I believe that this organization
takes the opinions of people like me into account when making decisions.I feel very confident about this
organization’s skills.This organization has the ability to
accomplish what it says it will do.
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Measuring satisfaction
The extent to which each party feels favorably toward the other because positive expectations about the relationship are reinforced. A satisfying relationship is one in which the benefits outweigh the costs.
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Questions to Measure Satisfaction
I am happy with this organization.Both the organization and people like me
benefit from the relationship.Most people like me are happy in their
interactions with this organization.Generally speaking, I am pleased with the
relationship this organization has established with people like me.Most people enjoy dealing with this
organization.50
Measuring commitment
The extent to which each party believes and feels that the relationship is worth spending energy to maintain and promote.
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Commitment
I feel that this organization is trying to maintain a long-term commitment to people like me.I can see that this organization wants
to maintain a relationship with people like me.There is a long-lasting bond between
this organization and people like me.Compared to other organizations, I
value my relationship with this organization more.I would rather work together with this
organization than not.52
Measuring relationships
Exchange Relationship In an exchange relationship, one party gives benefits to the other only because the other has provided benefits in the past or is expected to do so in the future.
Communal Relationship In a communal relationship, both parties provide benefits to the other because they are concerned for the welfare of the other -- even when they get nothing in return.
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Exchange Relationships
Whenever this organization gives or offers something to people like me, it generally expects something in return.Even though people like me have had a
relationship with this organization for a long time; it still expects something in return whenever it offers us a favor.This organization will compromise with
people like me when it knows that it will gain something.This organization takes care of people who
are likely to reward the organization. 54
Communal Relationships
This organization does not especially enjoy giving others aid. (Reversed)This organization is very concerned about
the welfare of people like me.I feel that this organization takes advantage
of people who are vulnerable. (Reversed)I think that this organization succeeds by
stepping on other people. (Reversed)This organization helps people like me
without expecting anything in return.
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How to implement relationship metrics
Step 1: Conduct a benchmark relationship studyStep 2: Implement PR programStep 3: Conduct a follow up relationship studyStep 4: Look at what’s changed
Web Analytics Require:
Google Analytics/Web Trends/OmnitureUnique URLsData delivered in parallel with content analysisAbility to correlate and integrate data SPSS/SAS
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Look for failures firstCheck to see what the competition is doing Then look for exceptional successCompare to last month, last quarter, 13-month averageFigure out what worked and what didn’t workMove resources from what isn’t working to what is
Step 7: Analysis - -Research without insight is just trivia
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Ask for money Get Commitment Manage Timing Influence decisions Get Outside help Just Say No
Actionable Conclusions
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Overall Comparison of Georgia Tech Social Media Outlets
60/17
0%
5%
10%
15%
20%
25%Share of Youtube
Share of Social Bookmarking
Share of FacebookShare of Institutional
Blogs
Share of External Blogs
Georgia Tech
Competitor Average
• Based on 2007 data, Georgia Tech outperformed its peers in Facebook presence, but significantly lagged peers on other social media.
• Post-2007 media monitoring has not included a social media dimension due to funding constraints, but this will be important to trend as feasible in the future.
Definitions: YouTube: a video sharing site. Social Bookmarking: a site where members can display media they have found on the web. Facebook: a social networking site. Institutional Blogs: blogs hosted and owned by schools studied. External Blog: any blog post that is not hosted by an institution.
Share of All Coverage
Best Practices:
Correlations to bottom-line impact
DonationsMembershipsSign-upsLeads
Using SMM for planning
Define the time frame, market/topic you want to studyUse Google News, Technorati or Radian6 to identify the conversations around the topic Analyze the conversations for type, tone and positioningLook at share of positioning, tone or conversation
Benchmarking against your peers
Looking at what the best doSetting goals accordinglyUse data to persuade recalcitrant spokespeople
Social Media in CrisisListen instantly to a wide range of influencersIdentify weaknesses in communications, customer service, or in the product
Improve your reputation
Listen first, then respondStop doing stupid things
Using SMM for planning
The environmental scanDefining issues in a marketSelecting a positioning that works
Benchmarks put numbers in perspective
Twitter grade
Followers
Twitter rank
98.3
1295
43395
96.4
622
93718
99.99
15291
398
Shel Israel U of Penn Carnegie Mellon
Page 63
Diversity dominates C-M discussions in Social Media
Page 64
Where people get the content they share on Facebook
Sources of content
Genre of content
Understanding brand ownership of online video content
N=2,555,691
Peer Organizations
4.33%
Your Organization0.18% Other
Organizations8.65%
Individual Users86.84%
Use ownership to signal brand participation
Provide alerts for possible brand management issues
8 ways to do research without a budget
1. Become someone’s research project
2. Involve your board of directors and volunteers
3. Research something that HAS a budget
4. Take advantage of free offers5. Become a case study6. Team up with peer organizations7. Analyze data that already exists8. Use blogs and social networks to
listen to conversations
67
Thank You!
For more information on measurement, read my blog: http://kdpaine.blogs.com or subscribe to The Measurement Standard:
www.themeasurementstandard.comFor a copy of this presentation
go to: http://www.kdpaine.comFollow me on Twitter: KDPaineFriend me on Facebook: Katie
Paine Or call me at 1-603-868-1550