Measuring the Effectiveness of PR: Thinking Beyond the “Thud Factor”' 2007 Qtr 2
|
Measuring the Effectiveness of PR:
Thinking Beyond the “Thud Factor”
|
Poll any number of public relations experts and they will agree that the bottom line is only as strong as the “public” that supports it. What isn’t as clear is how you prove this to your organization. While marketing measurement is more art than science, tools do exist that help track the effectiveness of a public relations program so you can make more measured marketing decisions.
The traditional measurement for public relations is the clip book: that bulky compilation of print media garnered during a particular campaign. We’ve all used it, and many still do. The value of a clip book has often been associated with how loud a sound the book makes when it is dropped onto the table, the infamous thud factor. A pervasive metric that plays more to our basic senses than our business sense.
Tracking tools can provide deeper insight into the value public relations brings to an ROI–driven business. Each of these metrics analyzes news stories, which are after all, a primary objective of public relations.
Basic clip tracking and analysis
A general understanding of where your company is showing up in the news will help you gauge public perception. Basic metrics include article count, total column inch per article and total circulation of publications. Ad equivalency, the estimated amount it would cost to purchase the space in which news appeared, is another standard.
Awareness research
While costly, in–depth awareness research is useful in determining a baseline and in measuring business growth over time. Such analysis includes the tonality of news, share of discussion a company or brand receives compared to the competition, visibility or how many times an article gets published a month, review of headlines and lead paragraph mentions, the extent to which a company or brand is mentioned, and identification of key journalists covering the company.
Sales and Leads
News can, and often does, go beyond shaping public perception to provide businesses with tangible leads and sales, and not–for–profits with donor leads and contributions. Tools and services are available that can be used inside an organization to track how public relations directly impacts the bottom line.
Clip analysis will likely never disappear, but for deeper insight when funds are available, a variety of metrics do exist that detail how the news is helping to shape your brand.
Back to top