Search results matching tag 'measurement'

BARB for online video is coming!

1363416 — Fri, 08 May 2009 08:08:00 GMT

I cheered this morning when I read that the Broadband Measurement Working Group are developing standards for measuring viewing of online video. This is going to be a huge boost for everyone working in the online video industry as advertisers will be able to feel more confident about putting money behind online video campaigns once there is a standard and sophisticated way of measuring it.

It could also raise the bar as to the quality of online video campaigns once we have a standard to compare the effectiveness of campaigns against each other.

Bring it on!

Flash report from the imedia brand summit

1319935 — Fri, 14 Nov 2008 11:59:00 GMT

Intel, the BBC, Dell, Coca-Cola, Samsung and Cadbury’s et al presented experiences of interactive capacity and competency in their companies.
I was asked to moderate a panel of experts from the newspaper industry, the BBC, the online travel world and the global advertiser on the state of the nation of the impact digital technique has in the world of communication. A very high quality panel discussed a range of issues, including how businesses are organising themselves for effectiveness in the digital world, and what some of the challenges have been in getting them there.

Peter Ward from WAYN (the travel social network) spoke well about how his business has pushed the limits of technique from the beginning. As with many other social networking sites, WAYN enables its users to create a profile and upload photos. Users can then search for others, and link them to their profiles as friends. If you register it is possible to send and receive messages using email, discussion forums, eCards, SMS and instant messaging. Matt from the BBC spoke about how stakeholder management remains a skillset we need to excel at since the need to get so many interest groups focused on a single strategy around the consumer is as critical in the BBC's world as it is in the world of brand communication.

Simon Shipley from Intel was firm in his belief that delivering digital work required a commitment to learning new skills. Intel has undertaken a serious programme of training internally to digital knowledge. And the ability to develop communities of interest amongst target audiences has been one area of growing effectiveness. Intel runs a programme aimed at IT Managers, a critical audience (in both meanings of the word) called the IT Manager Game. It’s proving to be more and more effective as time spent and quality of content consumed through the game play increases. It’s a completely ‘non-traditional’ activity, which makes it harder to measure in terms of media metrics, but easy to measure in terms of effectiveness of shifting perception and commitment to the Intel brand.

Anne Foster from the Newspaper Marketing Agency reflected on how the demands of advertisers had changed to reflect the audiences, and the mood in the media industry was definitely a focus on sales and ROI rather than brand. Also there were different levels of media need by category. We had talked offline about an increased interest in emotional factors influencing decision making, which, and how we are in danger of too much focus on the short term. It’s inevitable, though, in current forecast market conditions. Anne also presented a strong grip on the statistics of consumer behaviour, how they consume media and what this means.

Measurement remained a big issue for everyone. I put the question to the floor “is anyone happy with their measurement?” and the universal response (although in such an environment it’s natural for people not to give too much away) was “not really.” There are new dynamics of measuring digital media, and dashboarding gives us a view, but there is a shortage of common currency, both in planning and measurement. For example, the current pressure on ROI and direct response means refocusing on click through, but as consumer behaviour online has adapted to the range of content and browsing behaviour, click through just isn’t enough.

So what’s the answer to that? Again, opinions varied, and the room was divided on what we’re trying to measure. My take is that if we accept the job of the marketer is to be gaining or defending ‘share’, or launching new products, services and variants, then we need to have people with the broad view as well as the detailed ability to pick targets off one by one. Share, of course, is only one aspect. Profitability is another, and sustaining profitable share is the job of everyone, not just the marketer. There is universal need to learn, however, how ‘being part of the conversation’ can be measured in these terms.

Econometrics for beginners

878512 — Tue, 22 Jan 2008 08:44:58 GMT

Matthew Finch has a great article on how to measure the impact of all of your online marketing activities - a thing surprisingly hard to do:

Is it time to say farewell to the old model of assigning all the value to the last click? Many marketers want the ability to measure customers' paths to purchase and understand the influences of each channel on a sale.