Friday, April 16, 2010

iRlease: the Social Media Press Release


The social media community (bloggers, podcasters, online forum participants, Facebook users, etc.) is not a big fan of old school news/press releases in which companies issue news about themselves, usually only from the marketing and/or sales point of view, in a manner of one-way communication.

The social media community demands news/press releases to prioritize values to viewers without trying to directly promote or sell. Thus, the releases should be communicative, interactive, educational, inspiring and sharing.

That's where social media press release (SMR) comes into play. It takes into consideration their particular demands for information. In nature, it's a two-way dialogue that the readers can engage in. Some of the characteristics of SMR are --

1. Headline is optimized for search.
2. Formatting is attractive.
3. Has a precise to-the-point writing style.
4. Includes how-to information to guide and help readers.

In fact, Tod Defren from Shift Communications has introduced the first-ever template of the social media press release in 2006 and the social media press release template version 1.5 in 2008. Some other very helpful FREE resources regarding this topic include-

1. PitchEngine offers a full suite of Web 2.0 tools for PR professionals and journalists (i.e. links to your social network profiles, video and audio capabilities, etc…). Readers may opt to receive a release on any social networks they belong to.

2. Pressitt is a free service that allows you to create, publish and share your news to an online, socially connected audience.

Like any other communication approaches in the era of Web 2.0, SMR is about telling good stories, and having good conversations with the key publics to establish meaningful connections. I'd like to hear your thoughts concerning SMR. Thanks!

Do's and Don'ts in Blogger Relations



Nowadays, much news is generated and disseminated from the blogosphere. According to comScore, there are more than 77 million blog visitors in the U.S., a number greater than the total audience of Facebook or MySpace. While some of these visits are casual or entertainment-oriented, 50% of all readers report that blogs influence their purchase decisions, and the majority report that online reviews are often more helpful than speaking with a sales associate.

With such a captive blog audience, organizations need to be ready to cultivate positive relationship with the relevant bloggers to interact on content, image and influence. I've come up with a very short list of do's and don'ts when organizations approach and communicate with bloggers.

Don'ts --
1. Don't spam bloggers with irrelevant information to influence stories.
It’s easy for bloggers to spot who reads them and who doesn’t, and guess who gets the welcome?

2. Don't try to pay to get your products/service favorably blogged.
90% of bloggers claim that they talk about brands in an unpaid manner. Exchanging content for cash is not widely accepted. Tapping into this existing behavior is really important.

Do's --
1. Know your bloggers, and know them really well.
Dedicating time to read and interact with the target blogs. Think in their shoes; help make their work easier; be the kind of blog participants you wish to have with your own blog.

2. Respect bloggers' decisions.
If your target bloggers decide not to review your products, you'll need to be able to respect the decision and continue cultivating relationship with them. After all, the power of the blogosphere lies in its truth and authenticity - bloggers' decisions are part of it, so embrace it.

What do you think organizations should/can (not) do in terms of blogger relations?

Sunday, April 11, 2010

Questions, Variables & Meseaurement of Social Media


Be aware! This post will show how much the comprehensive exam I had weeks ago is still haunting me. :)

So this week, I started to think about how to measure the value of social media, and I couldn't help thinking about operationalization, that is, to specify the measurement on variables in relation to a concept.

The concept is obviously social media. Variables are multiple depending on what questions you've asked. You may ask what is the increase in traffic to the organization's web site with the implementation of social media; or you may ask how is the interaction going between the social media users and you; or you may directly ask what is the sales driven by the social media. Other variables may include and are not limited to attention, retention, perception, engagement, etc.

With different questions, your inquiry will look much different. Some more qualitative, and others more quantitative. Various measurement tools are attached to both approaches.

Qualitative
Perhaps you want to know something about the reputation of your business/product/service, the ongoing conversations, and customer relationship. You may ask-

"Do we have a voice in the conversation about our product/service/overall industry?"
"How is our voice different from our competitors?"
"Are we making monologue or having a dialogue with our key publics?"

In-depth exploration and human analysis are involved to catch interaction and competition, and get answers to this kind of questions. Also, tools such as Sentiment analysis and opinion tracking may be used to get a picture about the conversation.

Quantitative
If your questions mainly address numbers, ROI, sales, profits, traffic, SEO ranking, you may take a more quantitative approach. Tools such as Google Analytics and Feedburner can help analyze blog traffic, subscriber count, keyword optimization, etc. I recommend this article if you want to learn how to use some of the most advanced tools and metrics. Also, for reference, this article introduces more than 50 tools designed to track traffic.

The key takeaway is that organizations need to ask clear questions, specify variables before they get down to choosing tools and metrics to measure social media successes.

Saturday, April 10, 2010

Inform CEOs: Social Media ROI is Measurable!


This Wednesday I attended the Triangle Game Conference which featured a panel discussion on the use of social media for gaming companies. While expressing the passion for social media, the panel of investors and CEOs expressed concerns over the use of social media to market and promote products, a reason being lack of measurement on success, with success majorly perceived as return on investment, or ROI.

This tells me several things. First, in order to successfully including social media in the communication strategy, businesses need to be able to determine whether or not a social media program is moving products or making impacts. Second, the management tends to think that social media ROI is not measurable at the monetary level. Third, the burden of education and operationalization is on us communication professionals. We need to help the dominant coalition understand the value of social media by clarifying the fact that social media success, even when it is defined as ROI, is measurable, and below are a few initial thoughts on how to do that-

1. Well communicate goals and objectives.
It is important to touch base with the management what should be realized with the implementation of a social media program. Is the investment expected to be returned by higher sales, more profits, more leads or otherwise better retention? Knowing what needs to be quantified is the first step to proving a social media strategy is beneficial to businesses. Choosing the appropriate tools to quantify successes though, is another topic I'd like to discuss with my next blog.

2. Measure baseline.
To demonstrate ROI, it is essential to let the number speak. That's how statistic-based metrics comes into play. To ensure the dominant coalition see how much difference the social media makes for the business, a before/after picture needs to be depicted. Thus, we need to not only measure the gain after social media is introduced, but also where the business currently stands at- what is the sales now, how much customer attention we are getting now, etc.

3. Well translate the data.
It is better to provide to decision makers data-driven insights than to provide raw data. Explain with your data how social media help accomplish goals and objectives. For instance, if your ultimate goal is to increase sales, it is important to explicate the correlation between social media use and increased sales with your data- how much more traffic is driven to the e-commerce site after a new Facebook message or new Tweet, and how much increase in sales do you see with that extra traffic?

I believe in the value of having open discussion about how to best measure social media impacts. Ultimately, it is important to let key decision makers see such impacts can be measured beyond ROI. But I tend to believe ROI will always be on their mind, so we can figure out ways to start from there.