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IAB Measurement Framework 25 th  August 2009 Katie Streten  Head of Strategy, Imagination/ Digital How can the IAB Social Media Measurement Framework work in practice?
Head of Strategy at Imagination/ Digital Working in online environments since 1995 - Channel 4, Science Museum, Thomson Publishing Key projects ¨C FourDocs proto social network, Where are the Joneses? social media collaborative comedy Member of the IAB (Internet Advertising Bureau) Social Media Council What am I going to talk about? Case study with reference to the IAB framework A bit about me
Social media is competing for media spend Understanding what¡¯s good, what¡¯s not! Improving and getting more creative Establishing the efficacy of the industry Why do we need a framework for measurement?
What is Creative Spaces? A unique community that gives access to an unparalleled creative resource. Launched in 2009.
Social network Inspirational videos Content rich Unique Brand appropriate 9 clients, differing needs What is Creative Spaces?
What was the brief from the NMOLP? Launch this innovative new online community for creative/inspired people ¨C through developing genuine, long-lasting relationships.
IAB framework I  ¨C  intent A  ¨C the 4 ¡®a¡¯s - awareness, appreciation, action, advocacy B  -  benchmarking So what is the framework?
Intent What do you actually want to achieve? Build awareness for a one-off event or series, generate buzz around stars/products, get the attention of your target market, encourage participation, promote your client¡¯s company, do some research, divert a PR crisis, drive customer loyalty, influence opinion formers, create an ongoing community of fans, uncover customer insights  How do you approach this kind of project?
Our intent Kick-start a small, authentic group of 45 super-users who will become Creative Spaces advocates Devising our strategy
The 4 As How do you approach this kind of project? awareness Awareness of your  social media activity appreciation Awareness of your  social media activity action Solicits a response or influences  a decision behaviour  advocacy Creates WOM or advocacy
Community growth takes time I nfan c y L ots of idea s , little a c tion A doles c en c e B a ttle  f or su r vi v al B r eakth r ough F ocu s ,  r oles and rules C onstru c ti v e a c tivi t y R espe c t and i n t e g r i t y M a tu r i t y A utho r i t y and  v alue
Keen amateurs with a common interest Community interest groups Professional creatives Collectors Academics/Historians Lifelong learners from 19 - 90 Who are the audience?
The 4 As and Creative Spaces How do you approach this kind of project? awareness 10% appreciation 10% action 50%   advocacy 30%
Which spaces were chosen? Twitter Blogs F a c ebook T wit t er Q uestion s , i n vit a tion s , deb a t e s , g r oup s , 24 ¨C 45+ S t a t eme n t s , i n vi t es  r esea r ch, r ecruitme n t , lig h t  t ouch c o n v ers a tions L onger  c o n v ers a tion s , persona l , individuals and ad v oc a t es opinions and passions 21 ¨C 90
Engaging with the existing groups, existing accounts Enable cultural partners without  Facebook presence to kick start  their engagement Entering the conversation ¨C Facebook
Engaging with the existing groups,  existing accounts Use the community for research ¨C  find bloggers, nodes of influence  through searches and #tags and develop advocacy Entering the conversation ¨C Twitter
Find appropriate blogs via other social media ¨C Technorati, Delicious, Twitter, StumbleUpon,  BlogPulse, socialmedialibrary.com Narrow down interest groups ¨C identify nodes Approach with humility Tailor the email to their interests Be clear about the offer ¨C beta testing Give time Entering the conversation ¨C Bloggers
Benchmarking What is this?
Benchmarking
Benchmarking
So what can we benchmark against? Benchmark against your competitors Benchmark against previous projects Benchmark against other channels Sometimes you are your own benchmark! You also need to define types of engagement that really matter Benchmarking
And how can we define/choose KPIs? social media platform by 4As by hard financial  and  soft metrics Benchmarking
The 4as and Hard financials Benchmarking Awareness Cost per impression (cpi) Appreciation Cost per Engagement (cpe) Action (cost per lead) Advocacy Cost per referral (cpr)
Benchmarking How might this work for podcasting?
The 4as and soft metrics How do you approach this kind of project? awareness Unique visitors Impressions, offline PR generated appreciation Number of subscribers,  number of discussion threads,  videos viewed, active users action Joining your network,  competition entries, business  enquiries advocacy Status updates, blog posts, business enquiries, participation enquiries
Measurement Platforms and soft metrics action No. Profiles created No. Groups formed No. Notebooks created No. Longevity of involvement advocacy No. Blog posts written No. Twitter updates Link it to existing measures that work for your organisation.
Creative Spaces Achievements Targets 25 bloggers to engage 45 engaged super-users  Results 161 blogs contacted 24 blog mentions  127 mentions on Twitter reaching at total of 38912  followers 252 followers on Twitter 109 Facebook members 187 notebooks 57 groups 484 people of which 400 engaged users and c.84 museum professionals (900% exceeding the target) ¡° I was just contacted by this new site,  Creative Spaces , which is like a museum community, and it looks like it could be really fun¡­ I think it¡¯s very promising!¡± http://18thcenturyblog.com/2009/04/creative-spaces
Images: With thanks to Flickr community, Fresh Networks, KWFortmeyer (estate agents) http://vna.nmolp.org/creativespaces/ Thank you for listening www.twitter.com/watusi http://www.linkedin.com/in/katiestreten Inoted.wordpress.com Katie Streten www.eyesponge.com
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IAB measurement

  • 1. IAB Measurement Framework 25 th August 2009 Katie Streten Head of Strategy, Imagination/ Digital How can the IAB Social Media Measurement Framework work in practice?
  • 2. Head of Strategy at Imagination/ Digital Working in online environments since 1995 - Channel 4, Science Museum, Thomson Publishing Key projects ¨C FourDocs proto social network, Where are the Joneses? social media collaborative comedy Member of the IAB (Internet Advertising Bureau) Social Media Council What am I going to talk about? Case study with reference to the IAB framework A bit about me
  • 3. Social media is competing for media spend Understanding what¡¯s good, what¡¯s not! Improving and getting more creative Establishing the efficacy of the industry Why do we need a framework for measurement?
  • 4. What is Creative Spaces? A unique community that gives access to an unparalleled creative resource. Launched in 2009.
  • 5. Social network Inspirational videos Content rich Unique Brand appropriate 9 clients, differing needs What is Creative Spaces?
  • 6. What was the brief from the NMOLP? Launch this innovative new online community for creative/inspired people ¨C through developing genuine, long-lasting relationships.
  • 7. IAB framework I ¨C intent A ¨C the 4 ¡®a¡¯s - awareness, appreciation, action, advocacy B - benchmarking So what is the framework?
  • 8. Intent What do you actually want to achieve? Build awareness for a one-off event or series, generate buzz around stars/products, get the attention of your target market, encourage participation, promote your client¡¯s company, do some research, divert a PR crisis, drive customer loyalty, influence opinion formers, create an ongoing community of fans, uncover customer insights How do you approach this kind of project?
  • 9. Our intent Kick-start a small, authentic group of 45 super-users who will become Creative Spaces advocates Devising our strategy
  • 10. The 4 As How do you approach this kind of project? awareness Awareness of your social media activity appreciation Awareness of your social media activity action Solicits a response or influences a decision behaviour advocacy Creates WOM or advocacy
  • 11. Community growth takes time I nfan c y L ots of idea s , little a c tion A doles c en c e B a ttle f or su r vi v al B r eakth r ough F ocu s , r oles and rules C onstru c ti v e a c tivi t y R espe c t and i n t e g r i t y M a tu r i t y A utho r i t y and v alue
  • 12. Keen amateurs with a common interest Community interest groups Professional creatives Collectors Academics/Historians Lifelong learners from 19 - 90 Who are the audience?
  • 13. The 4 As and Creative Spaces How do you approach this kind of project? awareness 10% appreciation 10% action 50% advocacy 30%
  • 14. Which spaces were chosen? Twitter Blogs F a c ebook T wit t er Q uestion s , i n vit a tion s , deb a t e s , g r oup s , 24 ¨C 45+ S t a t eme n t s , i n vi t es r esea r ch, r ecruitme n t , lig h t t ouch c o n v ers a tions L onger c o n v ers a tion s , persona l , individuals and ad v oc a t es opinions and passions 21 ¨C 90
  • 15. Engaging with the existing groups, existing accounts Enable cultural partners without Facebook presence to kick start their engagement Entering the conversation ¨C Facebook
  • 16. Engaging with the existing groups, existing accounts Use the community for research ¨C find bloggers, nodes of influence through searches and #tags and develop advocacy Entering the conversation ¨C Twitter
  • 17. Find appropriate blogs via other social media ¨C Technorati, Delicious, Twitter, StumbleUpon, BlogPulse, socialmedialibrary.com Narrow down interest groups ¨C identify nodes Approach with humility Tailor the email to their interests Be clear about the offer ¨C beta testing Give time Entering the conversation ¨C Bloggers
  • 21. So what can we benchmark against? Benchmark against your competitors Benchmark against previous projects Benchmark against other channels Sometimes you are your own benchmark! You also need to define types of engagement that really matter Benchmarking
  • 22. And how can we define/choose KPIs? social media platform by 4As by hard financial and soft metrics Benchmarking
  • 23. The 4as and Hard financials Benchmarking Awareness Cost per impression (cpi) Appreciation Cost per Engagement (cpe) Action (cost per lead) Advocacy Cost per referral (cpr)
  • 24. Benchmarking How might this work for podcasting?
  • 25. The 4as and soft metrics How do you approach this kind of project? awareness Unique visitors Impressions, offline PR generated appreciation Number of subscribers, number of discussion threads, videos viewed, active users action Joining your network, competition entries, business enquiries advocacy Status updates, blog posts, business enquiries, participation enquiries
  • 26. Measurement Platforms and soft metrics action No. Profiles created No. Groups formed No. Notebooks created No. Longevity of involvement advocacy No. Blog posts written No. Twitter updates Link it to existing measures that work for your organisation.
  • 27. Creative Spaces Achievements Targets 25 bloggers to engage 45 engaged super-users Results 161 blogs contacted 24 blog mentions 127 mentions on Twitter reaching at total of 38912 followers 252 followers on Twitter 109 Facebook members 187 notebooks 57 groups 484 people of which 400 engaged users and c.84 museum professionals (900% exceeding the target) ¡° I was just contacted by this new site, Creative Spaces , which is like a museum community, and it looks like it could be really fun¡­ I think it¡¯s very promising!¡± http://18thcenturyblog.com/2009/04/creative-spaces
  • 28. Images: With thanks to Flickr community, Fresh Networks, KWFortmeyer (estate agents) http://vna.nmolp.org/creativespaces/ Thank you for listening www.twitter.com/watusi http://www.linkedin.com/in/katiestreten Inoted.wordpress.com Katie Streten www.eyesponge.com