Tuesday, February 9, 2016

[New Post] PR’s Changing Benchmarks: 10 Questions to Make the Most of Measurement

 

Blogs

PR's Changing Benchmarks: 10 Questions to Make the Most of Measurement

PR Newswire

do your pr benchmarks measure up

Social media. Mobile news apps. Television. Print publications. The range of media that people now use to access information is vast and expanding all the time.

When measuring the fruits of your labor in earned media, are you tracking what you should?

Traditionally, PR pros would look for big numbers. Common questions used to include: “How many eyes viewed this piece of earned media?” and “How can I link this increase in media pickup to an increase in revenue?”

However, thought leaders in the measurement industry have now realized that when it comes to earned media benchmarks, it's not always about volume.

It's about impact.

Quality of earned media trumps quantity. 

Back when measuring media coverage was a manual process, the term "impressions" was coined to define how readers viewed or interacted with an article — that is, the "impression" it made.

It was assumed that the higher the number of impressions, the more successful the story.

However, access to more advanced and automated analytics tools — as well as changes in buyer behavior — have a caused a shift in measurement best practices.

If you want to successfully engage with next-gen buyers, your quality of outreach — reaching audiences on the platforms they care about — is what matters.

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For instance, pretend you’re marketing an up-and-coming hotel to millennials, and a popular home and garden magazine mentions the hotel in one of their columns.

Even if that columnist’s audience is huge, your hotel isn’t necessarily relevant to the audience’s interests. Perhaps the columnist’s audience skews older or prefers more traditional lodging.

While you could argue the number of impressions this columnist generated for the hotel is substantial, those impressions might not result in more business.

On the other hand, a guest on The Tonight Show Starring Jimmy Fallon gives your hotel a glowing review when asked about a recent trip. Knowing that Jimmy Fallon is popular with your target audience, you could consider this earned media to be higher quality.

The news sites, social media, and entertainment your buyers consume help influence their future decisions on what to watch, do, and buy. Drive change in your audience by reaching them where they’re looking for information.

Reassess your PR benchmarks for quality, not quantity.

To determine whether your PR and marketing efforts are truly driving change, look at your current benchmarks and decide whether they still deliver the intel you need.

Before launching a content program, product campaign, or major news announcement, look at previous media outreach and ask yourself these ten questions.

Impact of media coverage

1. What percentage of media mentions appeared in your target media?

2. How many key corporate messages were covered (global growth, environmental sustainability, etc.)?

3. What was the coverage’s tonality? (i.e., what percentage of media covered your brand in a positive, neutral or negative manner?)

4. How much traffic did earned media drive to your company’s owned media channels?

You can more effectively demonstrate ROI by aligning your benchmarks with your overall business and PR goals.

Feature coverage in major publications

5. What percentage of media coverage was in the form of feature stories in top publications?

6. What percentage were passing mentions?

Comparing feature coverage and media mentions will help you understand whether your stories are truly resonating with the media. If the media outlet deems your news big enough to feature, there is relevance for their readers.

Earned media from press releases 

7. How much coverage can you directly link to the press releases you issued?

8. To what extent were your press releases’ key messages included in media coverage?

Identifying which press release tactics worked best can help you determine where there are opportunities to improve.

Share of voice

9. How did quantity and quality of media coverage compare across internal business units, departments, etc.?

10. How did it compare to your competitors’ media coverage?

Share of voice – or the percentage of total media coverage you received — can give you insight into which areas of your business are thriving and which have room to grow. Conversely, if you're measuring yourself against your competitors, you'll quickly see who is coming out on top.

Maximize impact with your new benchmarks.

Once you've answered the above questions, you're ready to start effecting change where it’s needed. My recommendation is to start with one area you're not happy with and A/B test different optimization tactics.

For instance, let's say you’d like to improve earned media results from press releases.

Consider how you could write or distribute those releases a little differently. How catchy is your headline? Have you missed a key media segment in the distribution you selected? Are you releasing your news at the best time of day or year?

Once you've tweaked the press release variables that are within your control, do another measurement of earned media and you'll likely see a positive difference.

Thanks to today’s sophisticated tools and advanced data, PR pros have a much clearer view into how their efforts are driving results and revenue. For even more measurement best practices, download our white paper Proving It: Going from Press Release Performance to Measuring Brand Perceptions.

Author Rachael Dolan is the manager of PR Newswire’s media analysis team (also known as 'professional services'), a group of communications and industry experts in media and measurement.

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Monday, February 8, 2016

[New Post] Influencer Insights: Media Moves and Intel for the Week of February 8

 

Blogs

Influencer Insights: Media Moves and Intel for the Week of February 8

Nida Asheer

PR Newswire Influencer Insights February 8

To keep up with today's media landscape, public relations professionals need to know not only who is going where, but also how to communicate more effectively with those journalists, bloggers, and influencers making moves.

This week's Influencer Insights feature five of the most significant newsroom changes selected by our Audience Research team, plus an interview with Nicole Guillot, president and CEO of CNW and an honouree at PR News’ Top Women in PR Awards.

Want even more media moves? Check out the latest issue of PR Newswire Media Moves on our Knowledge Center or follow @PRNMedia for daily updates.

1. Yahoo! Finance: Sam Ro (@bySamRo) has been named the new managing editor at @YahooFinance. He most recently served as Business Insider’s deputy editor and previously was a senior equity analyst at Forbes Investors Advisory Institute. Ro has also written for Forbes.com, TheFiscalTimes.com, and DealBreaker.com, to name a few.

2. NPR: Slate Washington Bureau Chief William Dobson (@WilliamJDobson) will soon tackle the role of senior editor of international news at @npr. Dobson comes to NPR with a vast array of editorial experience. He was previously the managing editor of Foreign Policy magazine, senior editor for Asia at Newsweek International as well as associate editor at Foreign Affairs. He also wrote The Dictator's Learning Curve: Inside the Global Battle for Democracy, which was published in 2012. Dobson starts his new role at NPR at the end of February.

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3. CNN Political Unit: Former Bloomberg News Reporter Nicole Gaouette (@nicolegaouette) is now covering national security at @CNNPolitics. Gaouette has over 25 years of experience as a journalist in the U.S., Asia, the Middle East, and Europe. Prior to Bloomberg News, she was a reporter at The Los Angeles Times for three years and a foreign correspondent/reporter at The Christian Science Monitor for eight years.

4. NOLA.com/The Times-Picayune: Ricky Mathews (@RickyMathews), president of NOLA Media Group/The Times-Picayune (@NOLAnews), has announced his departure from the role. He will remain president of Advance Media Southeast and will continue working with the NOLA Media Group’s parent company Advance Local. Mathews actually began his career as an advanced paramedic and later switched tracks to focus on business. He spent 27 years at the Sun Herald in Mississippi, starting there as an intern and moving up the ladder to president and publisher. He joined NOLA.com/The Times-Picayune in 2011.

5. Thomson Reuters: Former Fusion Business Editor Lauren LaCapra (@LaurenLaCapra) returns to @ReutersBiz in New York to be a deputy regional financial services editor. LaCapra started at Reuters in 2011, mainly reporting on Goldman Sachs and Morgan Stanley, and soon worked her way up to team leader before joining Fusion in 2015. She also brings with her reporting experience from her time at the Associated Press, Wall Street Journal, and amNewYork.

Influencer Intel of the Week: Nicole Guillot, president and CEO of CNW, was recently recognized as an honoree at PR News’ Top Women in PR Awards. Check out Beyond the Wire’s interview to read Guillot’s take on being a business leader in the PR industry, the obstacles she has faced along the way, and what advice she'd offer young women starting their careers.

To reach the right journalists and influencers, you need the right press release distribution service. Download Buyer's Guide: Press Release and Content Distribution Services for tips on selecting the best fit for your PR and marketing needs.

Nida Asheer is an audience researcher for the Southwest region. Each week, PR Newswire's Audience Research team makes thousands of updates to the media database underpinning our Agility workflow platform. Request a demo to learn more about Agility's media targeting, monitoring and distribution options.

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