New Twitter & Measuring Social Success
We’ve been pretty clear about our appreciation for data and its role in interpreting user signals and driving relevance. If you haven’t seen, everyone has until 9/24 to submit an entry for our Data Visualization Contest to try to win a iPad. We have posted some great examples of early entries here. This week we are taking a look at how marketers are measuring success across Social Media Channels and the platform specific signals that help contextualize campaign performance.
Big Changes at Twitter
Twitter made a big announcement this week regarding updating their UI and corresponding user experience. Per Peter Kafka’s piece at All Things D, an update to the frequency in which users are exposed to “Promoted Trends” and “Promoted Tweets” is not far behind. Not having gotten our hands on the new Twitter yet we cant provide an observation on the “consumption environment” user experience and how it may or may not be more conducive to relevant Ads but we’ll be watching closely.
Reviewing 5 Social Campaigns
Zachary Sniderman at Mashable reviews several recent social media campaigns by high-profile marketers. The piece does a good job of playing devil’s advocate and extolling the pros and cons of each campaign in the context of the respective brands. While Sniderman likely was not privy to the necessary data, it would be interesting to revisit the success of these campaigns 1. In relation to similarly funded campaigns on the same platform and, 2. In relation to what a similar budget what have purchased elsewhere (TV, print, search, display, other social platforms). Social Media clearly affords some unique brand marketing opportunities – understanding performance with a broad enough context still seems to be a bit of a challenge.
Social Context in Facebook
Inside Facebook covers the the addition of Social Context to Facebook’s ad platform metrics. This feels like a great first step in the effort to understand what influence users’ networks perception of an ad has on their likelihood to click & interact. Again, it will be interesting to see how Facebook evolves reporting and platform controls around network context. Ultimately, we imagine that this metric could really enhance the effectiveness of look-alike modeling for marketers.
Pining for Better Display metrics
Paul Pellman of Click Forensics outlines his perspective on the need for more actionable metrics in the display ad marketplace. Pellman raises the particularly big question about Display “How is my brand doing with viewers who don’t visit my site?”. The answer continues to be unclear as does the true influence of analytics on display budgets. If display platforms are going to be the genesis of brand + promotional launches – rather than a secondary channel to support traditional media channels – marketers are going to need increased visibility into how their branding effort are resonating with users.
Contest Reminder
Again, if you haven’t, please take a moment to review our Data Visualization Contest details. Pete Warden’s OpenHeatMap tool is really easy to use and we’d love to see your entry in the drive for the iPad!
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