Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational...
Transcript of Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational...
![Page 1: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/1.jpg)
1
Measuring and Tying Media Coverage to Organizational Goals
April 21, 2017Chris ScullySenior Media Intelligence AnalystLexisNexis
![Page 2: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/2.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 2
Linking Media Performance to Organizational Results
A Basic Approach:• Craft your PR strategies and tactics to support
your organization’s overall objectives.
• Set SMART goals in relation to these strategies and tactics.
• Track your progress in achieving these goals.
• If possible, track your organization’s overall results – especially those you’re working to support – to see if you may be affecting progress.
![Page 3: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/3.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 3
Linking Media Performance to Organizational Results
A Basic Approach• A basic approach provides you with hard data demonstrating how your efforts are
contributing to organizational goals. Examples could be:
• “To improve brand awareness, we instituted a Twitter campaign to double our followers in 6 months. We went from 4,000 in October 2016 to 8,500 in March 2017.”
• “To increase sales, we sought to place at least 5 stories per month on local TV after averaging only 1 per month last year. Through 9 months, we have averaged 7 stories per month. This has coincided with a 4 percent increase in sales year-to-date”.
![Page 4: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/4.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 4
Linking Media Performance to Organizational Results
A More Advanced Approach:
• Follow the basic approach steps, but add a layer.
• Determine if any strong statistical correlations exist between changes over time in your media performance and organizational goals.
![Page 5: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/5.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 5
A Primer on Statistical Correlations
![Page 6: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/6.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 6
Statistical Correlations� Positive Correlation (R Value = 0.01 Æ 1.0)
• Variables move in tandem • Positive Correlation Examples:
1. Height and Weight2. Age and Mortality Rate
� Negative Correlation (R Value = -0.01 Æ -1.0)• Variables move in opposite directions • Negative Correlation Examples:
1. Amount of Exercise and Body Fat2. Standardized Math Scores & Distance from Canadian Border
![Page 7: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/7.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 7
Interpreting Statistical Correlations
-1 -0.75 -0.5 -0.25 0 0.25 0.5 0.75 1
R Values and their Meaning
Strong Correlation
ModerateCorrelation
WeakCorrelation
NoCorrelation
Perfect Correlation
![Page 8: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/8.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 8
Understanding Statistical Correlations� A strong Correlations does
not necessarily mean a Cause and Effect Relationship exists• Strong correlations can
occur through chance and randomness
� The longer a strong correlation exists, the less likely it is occurring by chance
![Page 9: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/9.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 9
Case Study:Do Strong Correlations Exist
between President Trump’s Media Performance and Public Approval
Ratings?
![Page 10: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/10.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 10
President Trump Case Study
President Trump seeks to maximize his public approval as a means to further his goals and objectives. Strong public approval:9 Empowers his agenda9 Enhances his sway with Congress9 Improves his standing with foreign allies
and adversaries
![Page 11: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/11.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 11
President Trump Case Study
FiveThirtyEight.comcompiles survey results and uses them to estimate President Trump’s overall public approval & disapproval ratings on a daily basis.
![Page 12: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/12.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 12
President Trump Case Study
Since January, I have tracked President Trump’s performance in the country’s most influential media by: � Daily Story Volume� Coverage Sentiment
![Page 13: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/13.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 13
President Trump Case StudyExamples of Media Tracked
![Page 14: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/14.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 14
President Trump Case Study
![Page 15: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/15.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 15
President Trump Case Study
![Page 16: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/16.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 16
President Trump Case Study
![Page 17: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/17.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 17
President Trump Case Study
![Page 18: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/18.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 18
President Trump Case Study
![Page 19: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/19.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 19
President Trump Case Study
![Page 20: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/20.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 20
President Trump Case Study
![Page 21: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/21.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 21
President Trump Case Study
![Page 22: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/22.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 22
President Trump Case Study
![Page 23: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/23.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 23
President Trump Case Study
![Page 24: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/24.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 24
President Trump Case Study
![Page 25: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/25.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 25
President Trump Case Study
![Page 26: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/26.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 26
President Trump Case Study
![Page 27: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/27.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 27
President Trump Case Study
![Page 28: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/28.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 28
Undertaking Correlation Analyses on Your Own
![Page 29: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/29.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 29
Undertaking Correlation Analyses� Any media performance metric may be used so long as the
data is longitudinal. Common metrics used include:• Overall Volume• Audience Reach • Share of Voice• Volume of Positive Coverage• Volume of Negative Coverage• Impact Score
![Page 30: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/30.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 30
Undertaking Correlation Analyses� Any organizational results may be used so long as the data is
longitudinal. Common results used include:• Sales Results / Donations• Web Traffic• Customer Satisfaction• Brand Awareness
![Page 31: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/31.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 31
Undertaking Correlation Analysis� Organize and run correlations for your data in a variety of time
frame increments to identify lead-lag time• One-month periods, two-month periods, etc.• The more significant the action in question, the longer the lead-
lag time is likely to be; the more whimsical the action, the shorter the lead lag-time is likely to be.
� Make sure the media coverage appears before the organizational result occurred Yes: February’s media coverage to March’s sales results; March 1-15’s media coverage to March 16-31’s sales results No: All of February’s media coverage to all of February's sales results
![Page 32: Measuring and Tying Media Coverage to …...Measuring and Tying Media Coverage to Organizational Goals April 21, 2017 Chris Scully Senior Media Intelligence Analyst LexisNexis #PRNews:](https://reader034.fdocuments.net/reader034/viewer/2022042310/5ed80680cba89e334c6719dc/html5/thumbnails/32.jpg)
#PRNews: How to Measure Media Coverage and Tie It to Organizational Goals 32
Key Takeaways• Craft your PR strategies and tactics to support your
organization’s overall objectives.
• Set SMART goals for these strategies and tactics.
• Track your progress in achieving these goals and track in relation to organizational results.
• Use correlation analysis techniques if feasible to uncover statistical evidence suggesting a link between your media coverage and changes to organizational results.