Measure the Puzzle Not the Pieces

1 May

A while back, I remember someone posting a question to a Linked-In discussion group along the lines of, ‘I just got my client a hit in USA Today.  How much is that worth?’.   More recently, ADWEEK ran an article entitled, Value of a Fan on Facebook: $3.60, citing an attempt by Vitrue to essentially assign a media value to a Facebook Fan.  (Sidebar: Is a Liker worth as much as a Fan?).  Setting aside an argument of the value attribution methodology used by Vitrue (I’m not a fan, or a liker), the fundamental issue I have with each example is the same, they are trying to measure the pieces and not the puzzle.

A media hit, a tweet, gaining a Fan/Liker, or obtaining a Follower are all pieces to a larger puzzle called a social media/business campaign, initiative, effort or program.   For simplicity, let’s refer to them as programs henceforth.  Programs have, or should have, objectives.  Done correctly, these objectives are measurable.  Good measurement practice suggests you assess performance against stated objectives.  Sure, it is also important to assess performance of program strategies and tactics – primarily as a diagnostic – but ultimately we must measure performance against objectives.  This is a base condition for accountability.

Gaining media coverage, sending tweets or getting others to tweet about you, creating Likers or gaining Followers should be thought of as strategies or perhaps tactics.  Objectives are what you want to happen as a result of the combination of strategies and tactics.  Programs are not made of single media hits, tweets, Likers or Followers.  They are longitudinal, holistic and integrated.  Successful programs might generate hundreds of media hits, scores of blog posts, and thousands of Likers or Followers.  Orchestrated correctly, all these strategies and tactics should help us achieve our overall program objectives.  The reality of the situation is any one discrete result of a campaign – a hit, Liker or Follower for example – usually has a very small overall impact.  The impact most likely would not be measurable, and if it was, it would not likely be meaningful.  They are just pieces of the overall program puzzle.

Let’s conclude with a simplistic Facebook program example.  Your tactic is to gain more Likers that meet a certain demographic profile.  Your strategies are to create an engaged brand community in Facebook, and to encourage online and offline WOM about the brand.  Your objective is to increase brand preference from 17% to 21% in the next 12 months.  Measure this objective, and if you want to do value attribution and calculate ROI, figure out how much each 1% increase in brand preference is worth in incremental sales.  That’s a puzzle worth solving.

Photo From liza31337

5 Responses to “Measure the Puzzle Not the Pieces”

  1. Shelly Gordon May 11, 2010 at 11:36 am #

    In my high tech days the sales force salivated over published case studies pitched to and written by tech pub journalists; they out sold products over marketing collateral (and other direct marcomm) every time. Any advice/comments on how to measure the value of customer case studies?

  2. metricsman May 11, 2010 at 1:08 pm #

    Hi Shelly,

    Thanks for reading and leaving a comment.

    The thrust of this post is you shouldn’t try to just measure something like a case study. Measure the larger program that case studies are a part of. No one is going to buy a product they have not heard of based on reading a case study. They may be important in enhancing credibility or perhaps even purchase consideration. Those would be metrics to consider measuring. But again, no one article/case study is likely to move the needle in either area far enough to be detectable.

    -Don B

  3. jen walsh May 12, 2010 at 4:35 pm #

    Amen!

Trackbacks/Pingbacks

  1. Storytelling Social Media Marketing PR Business & Technology Curated Stories May 2, 2010 - May 2, 2010

    [...] Measure the Puzzle Not the Pieces Published: May 1, 2010 Source: MetricsMan A while back, I remember someone posting a question to a Linked-In discussion group along the lines of, ‘I just got my client a hit in USA Today. How much is that worth?’. More recently, ADWEEK ran an… [...]

  2. PR ROI – Measuring PR results to increase revenue | EASTWEST PUBLIC RELATIONS - June 5, 2010

    [...] Measure the Puzzle Not the Pieces http://metricsman.wordpress.com/2010/05/01/measure-the-puzzle-not-the-pieces/ [...]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 171 other followers

%d bloggers like this: