Happily Ever After: Boosting Business Results by Marrying PR,...

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Katie Delahaye Paine CEOP Paine Publishing www.painepublishing.com | @queenofmetrics | [email protected] Happily Ever After: Boosting Business Results by Marrying PR, Marketing and Big Data October 8, 2017 PRSA Charlotte, NC

Transcript of Happily Ever After: Boosting Business Results by Marrying PR,...

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Katie Delahaye PaineCEOPPaine Publishing

www.painepublishing.com | @queenofmetrics | [email protected]

Happily Ever After: Boosting Business Results by Marrying PR, Marketing and Big Data

October 8, 2017PRSA Charlotte, NC

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We provide individuals and organizations with the knowledge and information they need to navigate the journey to high-quality, accurate communication’s measurement.

Visit us online: www.PainePublishing.com Want to learn more about measurement? Join us for our annual Summit on the

Future of Measurement -- 2 days of conversation at my farm with leading communicators about best practices in using data to make better decisions.

About Paine Publishing

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Six reasons why, like it or not, integrated data and metrics are in your 1. There’s no “one way” to reach your

stakeholders anymore2. 63.2%of social media teams live within

marketing, 6 points higher than last year3. Customer-centric outreach requires

communications + marketing to be in sync4. Internal communications is critical to

external effectiveness5. It just works better

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CUSTOMER + EMPLOYEE

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A Typical Day in Communications

Because the boss says so

47%

Because some one thought it

was a good idea 37%

Because its cool11%

Because it helps our mission /bottomline

5%

Requests

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How to Survive the Data Tsunami

1. Define your champagne moment 2. Agree upon acceptable proxies3. Define your Kick Butt Index4. Get good data5. Use data to tell your story

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Data is the language of management

0% 20% 40% 60% 80% 100%

TAC

Manuscript

One Source

HAL

Positive Messages No Messages Negative Messages

$0.00 $0.50 $1.00 $1.50 $2.00 $2.50

TAC

Manuscript

One Source

HAL

Cost per message communicated

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Tactics:PartyPress EventPress Tour with trade & business media Release distribution

Percent of impressions containing key messages

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Messaging: What works, what doesn’t?

Sales: Sales: Announce our latest contract

win!

Mktg:Announce our latest strategic

alliance

CEO:I hate talking to the

media

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Step 1: Define Your Champagne Moment What return is expected? Define in terms of the business

goals or mission Define your champagne moment If you are celebrating complete

100% success a year from now, what is different about the organization?

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Definitions of “Success” What’s the path?

The “Spark” – top tier media coverage

Quality media coverage conveys messages

Influencers generate understanding/awareness

Communications increases engagement

Engagement increases revenue and revenue advances goals

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Relevant business metrics

Relevant branding metrics

• Customer retention rate• New customer acquisition costs • Cost to close a sale • Profit• Efficiency

• Increase in the awareness of your brands

• Share of Voice • Increase in preference for our brand• Share of favorable product reviews

Step 2: Agree on Acceptable Proxies

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Step 3: Define Your Kick Butt Index

What does your perfect story include?

What is your worst nightmare? What does an engaged

customer/prospect do? What does an engaged employee

do? What constitutes “quality” content? What is an influencer? What thoughts do you want to

lead?

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We need a thought

leadership program !

We need to focus on key influencers!

We need better media

coverage!

We need to increase

engagement!

Our content needs to

be better!

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Procter & Gamble

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Purchase

Desirable Photo

Recommendation

Brand Benefit

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B2B Company

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Grow the marketable

universe (sales leads)

3rd Party Recommendation

Key message

Spokesperson quote

Desirable positioning

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Television Network

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Ratings

Recommendations

Key message

Signature Program Mention

Social Engagement

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Atlantic City Alliance

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Intent to visit

Desirable Photo

Dispels a Myth

Signature Experience

Call to action or recommendation

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ACA programs drive higher Optimal Content Scores, which correlate highly with web visits

0.41

0.44

0.47

AC items

ACA items

ACA Optimal ContentScore

Correlations between Web Visits and PR Metrics

Pearson r. value

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020000400006000080000

100000120000140000

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Relationship between ACA Program Mentions and Site Visits

Site Visits Program Mentions

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What IS a “good article”?

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Desirable Criteria Score Undesirable Criteria Score

Positive: Leaves reader more likely to purchase, work for, or invest OR less likely to oppose

1Negative: Leaves reader less likely to purchase, work for, or invest OR more likely to oppose

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Contains one or more positive messages 1.5 Contains one or more negative

messages 2

Event/Program is mentioned 1 No Event/Program is mentioned 0

Dispels a myth 2 Perpetuates a myth 2

Positive headline 2 Negative headline 2

Third-party endorsement 1 Recommends competition 1

Contains desirable visual 1.5 Contains undesirable visual 2

Total Score 10 Total Score -10

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Without ACA Events, Optimal Content Scores for Atlantic City Would Have Been Significantly Lower

The red line represents coverage of Atlantic City minus all mentions of ACA and its programs

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3.252.75 2.99

3.652.96

3.36 3.24

2.34 2.37 2.43

1.30

-1.24

0.37-0.05

0.28 0.28

-1.56

4.91

3.92

2.993.58

4.14 4.1 4.27 4.12 4.29

2.78 2.56

1.53

-0.29

0.610.20

1.441.77

0.63

-2

-1

0

1

2

3

4

5

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May June

Aver

age

OCS

Sco

re

Atlantic City OCS without ACA Atlantic City OCS with ACA18

Because of ACA’s efforts:• Coverage was less negative, and

more positive • More downloads of the “Visitor

Guide” were generated for less money

• People who saw news about Atlantic City are more likely to recommend and also perceive AC as fun and a place they are excited to visit – a key driver of preference.

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Lowest Quality Program required most effort

9.308.68

8.108.00

7.677.50

7.367.31

7.156.71

6.546.36

5.735.26

Free EntertainmentLady Antebellum Concert

Sand Sculpting World CupChallenge Triathlon

Boardwalk Hall Light ShowHello Summer

Sand BlastMiss'd America Pageant

Blake SheltonAir Show

July 4th FireworksDO AC

Meet ACMiss America

Top Programs By Optimal Content Score (OCS)

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What does an engaged customer/prospect do?

Metric Weighting

Complete a goal (Google Analytics) ?

Signs up for email ?

Attends an event ?

Positively Comments ?

Watches more than 50% of videos ?

Total 10

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What does an engaged employee do?

Metric Weighting

Participation in Training

Volunteers for Community Activity

Event Attendance

Comments

Videos watched > 50%

Total 10

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Step 4: It’s All about Good Data

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The data you need is determined by the goals you’ve set. What outcomes are you

expected to deliver? Do you have relevant data? Do you have sufficient data? Do you have accurate data?

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Step 5: Use Metrics to Sell Your Story Rank order results from worst

to best Cut the budgets of the “worst”

performing things Ask “So What?” at least three

times Compare to last month, last

quarter, 13-month average

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Using Data to Respond to Public CrisisHIV Lab Tech CaughtAnthem Fight

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Establish the connection between business goals & PR activity

0.28

0.399

0.405

0 0.1 0.2 0.3 0.4 0.5

Number of clips

Number of PositiveArticles

MQI Score

Pearson r value

Correlation to Goal Conversions & Value

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Analyzing your data Rank everything from best

to worst Learn from what didn’t

work

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Program MQIFrontline 2.88PBS Newshour 2.91Sesame Street 3.62PBS Kids 4.01Victoria 4.54Nature 4.62PBS Children's Programming 4.63Mercy Street 4.63Independent Lens 4.88Mercy Street Season 2 4.88Great Performances 4.94Masterpiece 4.95Charlie Rose: The Week 5.00Downton Abbey 5.05Muhammad Ali 5.42American Masters 5.48The Bronte Sisters 5.77Vietnam 5.80The Vietnam War 5.92

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Prioritizing Efforts & Influencers

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Market News InternationalJacksonville Business Journal Online

American BankerAtlanta Business Chronicle

ForbesMiami Herald

Jacksonville Business JournalNew York Times

Fox Business NetworkTimes-Picayune Online

USA TodayUS News & World Report

Wall Street Journal OnlineForbes Online

Wall Street JournalUSA Today Online

CNNMoney.comAtlanta Journal-Constitution

Bloomberg Radio NetworkAtlanta Business Chronicle Online

EconomistFox Business Online

Bloomberg NewsReuters

TheStreetMSN Money (US)

MarketWatchBloomberg Television

New York Times OnlineCalculated Risk

CNBCWashington Post Online

MoneyBeatTwitter

Business InsiderCNBC Online

Reuters OnlineNASDAQ

Yahoo! FinanceSeeking Alpha

Outlets that Don't Include Key Messages Incorrect or Undesirable message No Message

Calculated Risk 2.42Atlanta Journal-Constitution 2.40Fox Organizational Network 2.25Nightly Organizational Report Online 2.10WFLA-AM (Fox News Radio) 2.00DealBook 1.63New Orleans City Organizational Online 1.00Forbes 1.00New Orleans City Organizational 1.00Miami Herald 1.00Facebook 1.00CNN Online 1.00Jacksonville Organizational Journal 1.00Reuters 0.91MarketWatch 0.90Economist 0.88FiveThirtyEight 0.75CNBC World 0.50Times-Picayune 0.50Tennessean Online 0.50

Media Outlets with Lowest Quality Score

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Defining What Resonates from a Business Perspective

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Row Labels Average Quality ScoreHealth Care 8.00Recovery 5.79Monetary Policy 5.24Economic Growth 4.87Interest Rates 4.84Quantitative easing 4.63Employment 4.57Cyber Attacks 4.50Inflation 4.46Unemployment 3.54Financial Market 2.67Banking Supervision 2.00

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Analyzing Event Metrics By Engagement and Trust

High Trust, Low Resources Events: Forums in March, April, May

Highest Trust Overall: Econversation 515

Lowest trust, highest resources = XXX

Highest Engagement = XXX

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More spokespeople would translate into better coverage

A Pearson correlation addressed the relationship between the number of quotes and the volume of desirable coverage. The number of quotes and the volume of

desirable coverage are positively related

GT could potentially increase its share of desirable coverage by building relationships between individual subject matter experts and key reporters

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Remember These Points

It’s not about the media, it’s about the business and thecustomers

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It’s not about big data, but about how you use it.2

You need to be data informed, not data-driven.3

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Thank You!

Visit Paine Publishing online: www.PainePublishing.com For any questions, email me:

[email protected] Follow me on Twitter: @queenofmetrics Follow Paine Publishing on Facebook Or call me: +01-603-682-0735

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