Showing posts with label tools. Show all posts
Showing posts with label tools. Show all posts

Thursday, 8 December 2011

The New Challenges of Segmentation

Understanding your publics is key to any campaign, and through segmentation, a practitioner can further understand who their messages will reach and how they will react.


Geodemographic segmentation assumes that the differences within any group are significantly less than differences between groups; individuals are grouped according to where they live and display characteristics to those within their neighbourhood or locality.

In the UK, there are, in particular, two popular tools used for geodemographic segmentation, ACORN and MOSAIC.

ACORN stands for A Classification of Residential Neighbourhoods, and is the leading tool for identifying the UK population's demand for products and services. It categorises postcodes using over 125 demographic statistics.

Mosaic is owned by Experian, the credit report agency, and classifies the UK population into 15 main socio-economic groups; it bases its results on the predication that the world's cities share common patterns of residential segregation.

Through understanding consumer behaviour and segmenting customers accordingly, a practitioner can target and manage profitable relationships, ensuring a successful campaign and ROI. Such segmentation will also allow practitioners to identify and manage risk, an important consideration for any 21st century company. The tools will also identify investment opportunities for strategically responsible investors.

A rise in stakeholder activism and consumer generated content - social media - means a practitioner must also consider another form of segmentation - self-selecting publics. This is based on uses and gratification theory which assumes that people make highly intelligent choices about which messages require their attention and fulfil their needs. When passive consumption through watching TV was the norm, there was no alternative to dealing with PR and marketing; practitioners and marketers were able to execute campaigns relatively unchallenged because the channels didn't exist for individuals to say otherwise. The situation has reversed irrevocably, and as a result, consumers not only contribute to conversations but quite often run them. Today's consumer can choose what to be influenced by and, through online mediums, can have a range of different 'selves'. This provides a challenge for the practitioner, as segments 'cross-over' and the consumer ultimately chooses in which segment they belong. Practitioners must respond by remembering that humans are deeply social beings, and the corporate voice is no longer enough. Building and sustaining relationships is key, and that's where tools such as MOSAIC and ACORN come in handy.

Wednesday, 12 October 2011

Monitoring & Measuring the Social Landscape


"To ignore blogs, videos and social network contributions is not sensible for any organisation and not a few individuals." (Phillips and Young, 2009)

We've come to acknowledge that PR needs to be measured - indeed, the crude debate of AVE, where advertising value is used as a measure for print media, is a recent example of measurement in practice, as despite its controversy it is a technique used by many organisations worldwide.

Levine at el told us in The Cluetrain Manifesto that markets are conversations, and in an increasingly connected age, organisations have the ability to hear what is being said about them, no matter what platform it appears on. It is this dialogue that needs to be monitored and measured, and there are a number of tools, both free and paid-for, that can help an organisation understand the value of its online presence.

Ideally, such resources should give the time and date of publication, the type of website, its reach, content, analysis, and value to the organisation.

There is a vast array of resources available (shown in the World diagram above, though this is by no means exhaustive) but here's a quick low down of the most popular tools.

Klout
Klout's mission, according to their website, is to identify those who influence on the Web, on what topics and how much influence they have. This is done by tracking the activity of over 80 million users across popular social networks, including Twitter, Facebook, LinkedIn, FourSquare, YouTube, Blogger, Tumblr, Flickr, Instagram and Last.fm. They use a number of parameters to award you a Klout score, between 1 and 100, which is a measure of your brands influence. Klout's USP is perhaps its Klout Perks scheme, where top influencers get perks including tickets, Amazon goodies and laptops.

Peer Index - 'understand your social capital'
Similar to Klout in that it uses a scoring system based on a number of factors - authority, activity and audience. It determines a score when the content you share is retweeted or commented on, by someone else that is an authority on the subject. It uses data from Twitter, Facebook and your blog.

Alexa
Owned by Amazon, Alexa uses a toolbar to collect data on browsing behaviour. It provides lots of stats, most notably on traffic and traffic sources, however, a common complaint is that it takes lots of clicking to get to the end product.

WooRank
WooRank gives the user a comprehensive check-sheet style list and, like Klout and Peer Index, gives a rank out of 100. Using a report-style format, it highlights the areas you could improve on and finishes giving a score.

Google Analytics
Free and easy to setup, Google Analytics is a highly popular resource that measures traffic, traffic sources, visitors and content evaluation using cross channel and multimedia tracking. Aesthetically pleasing interface makes it popular and Google's presence as a household name helps.

Of course, whilst all these tools are useful in revealing trends and understanding the reach of your site, we must consider that an online audience is almost impossible to measure - those that view and consume but do not comment cannot always be accounted for as well as those who land on the page by accident. But these tools are a good place to start, and organisations ignore them at their peril.