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Measuring Buzz: How to Assess the Impact
 of Your PR and Social Media Strategies


                Dr. Jerald L. Feinstein,
               Dean, Strayer University
            Cherry Hill, New Jersey Campus
            (856) 482-4210 Jerald.Feinstein@Strayer.edu
                          www.strayer.edu

                               and

                      Founding Partner
                       Buzz Analytics
                     www.BuzzAnalytics.com
It Takes Time to Assess Advertising Impact . . . But You
           Need Immediate Numbers the Next Day!

                                                                          Expands
                                                                         Market Share

                            Creates Awareness
                                                                                 $$$...
    Media Event
         or                                            Builds
                                                                        Sales Revenue
    Ad Campaign                                      Mind Share
                                  Generates Buzz

                                                         $$$...               Increases
$$$...                                                                       Brand Value
                                                          Asset on
Your Ad Agency                                          Balance Sheet


        • Immediately Available
           Day After Event                         Delay of Months or More
        • Brand Dashboards
        • Track Daily
“Buzz” Drives Brand Volatility and Value

From Buzz to Mind Share to Sales and Brand Value
            For Top Hip-Hop Artists
Mind Share Calculated as Market Share of Buzz - - Individual Buzz / Total Buzz

                           Tupac
                           Shakur
                                                                    Normalized Buzz
                           Eminem

                           Dr. Dre
                                                           =
                                                                                      Brand Value
                           Snoop Dog


                           Notorious
2000    2002               B.I.G.  2000   2001      2002         2003

  Absolute Internet Buzz                   Relative Mind Share                  Brand Value ($)
                                                                                   and Buzz
Employing On-Line Opinion Measurement to Assess
    Brand Popularity By Nation and Language

                       US                                         English
                     250                                          250

                     200                                          200

     Spain           150
                                    France                        150
                                                        Russian             Spanish
                                                                  100
                     100
                                               Google              50
                      50
                                               MSN
                                                                    0
                       0                       ASK
                                               Yahoo
    UK                                 Japan
                                                         Greek              Italian




             India          China                                 Chinese
Internet Mind Share for Soft Drinks
                       RC-Cola    7 - Up


                 Jolt Cola




                                                             Coca-Cola


                Pepsi-Cola




Mind Share Calculated as Individual Brand Buzz Divided by Total Buzz for All Brands
“Buzz” Drives Brand Volatility and Value
Mind Share Correlates with Brand Value and
 Forecasts Market Share for Sports Teams
  Hundreds




                                                       New York Yankees

                                                       Dallas Cowboys

                                                       Los Angeles Lakers

                                                       New York Knicks

                                                       Washington
                                                       Redskins
                                                       New York Giants


   2000              2001          2002         2003

             Brand Dashboard Showing Relative Mind
                      Share as % of Leader
Daily Buzz on Osama Bin Laden Before and After 9/11



Tracking Buzz on Osama Bin Laden



 1



0.5



 0
      1   2   3   4   5   6      7 8 9 10 11 12 13 14 15 16 17 18
                                  September 2001
                  Time in Days
Employed to Track and Forecast Popularity of Political Candidates in
Past Presidential Primaries and the National Campaign for President


  Candidates in the Democratic National    George Bush vs. John Kerry in the
   Primaries in the Months Leading Up        Campaign for President in the
            To Primary Night              Months Leading Up to Election Night
How You Can Get Started Now
With Google Trends . . . How It
           Works
Jerald Feinstein, Buzz Analytics

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Jerald Feinstein, Buzz Analytics

  • 1. Measuring Buzz: How to Assess the Impact of Your PR and Social Media Strategies Dr. Jerald L. Feinstein, Dean, Strayer University Cherry Hill, New Jersey Campus (856) 482-4210 Jerald.Feinstein@Strayer.edu www.strayer.edu and Founding Partner Buzz Analytics www.BuzzAnalytics.com
  • 2. It Takes Time to Assess Advertising Impact . . . But You Need Immediate Numbers the Next Day! Expands Market Share Creates Awareness $$$... Media Event or Builds Sales Revenue Ad Campaign Mind Share Generates Buzz $$$... Increases $$$... Brand Value Asset on Your Ad Agency Balance Sheet • Immediately Available Day After Event Delay of Months or More • Brand Dashboards • Track Daily
  • 3. “Buzz” Drives Brand Volatility and Value From Buzz to Mind Share to Sales and Brand Value For Top Hip-Hop Artists Mind Share Calculated as Market Share of Buzz - - Individual Buzz / Total Buzz Tupac Shakur Normalized Buzz Eminem Dr. Dre = Brand Value Snoop Dog Notorious 2000 2002 B.I.G. 2000 2001 2002 2003 Absolute Internet Buzz Relative Mind Share Brand Value ($) and Buzz
  • 4. Employing On-Line Opinion Measurement to Assess Brand Popularity By Nation and Language US English 250 250 200 200 Spain 150 France 150 Russian Spanish 100 100 Google 50 50 MSN 0 0 ASK Yahoo UK Japan Greek Italian India China Chinese
  • 5. Internet Mind Share for Soft Drinks RC-Cola 7 - Up Jolt Cola Coca-Cola Pepsi-Cola Mind Share Calculated as Individual Brand Buzz Divided by Total Buzz for All Brands
  • 6. “Buzz” Drives Brand Volatility and Value Mind Share Correlates with Brand Value and Forecasts Market Share for Sports Teams Hundreds New York Yankees Dallas Cowboys Los Angeles Lakers New York Knicks Washington Redskins New York Giants 2000 2001 2002 2003 Brand Dashboard Showing Relative Mind Share as % of Leader
  • 7. Daily Buzz on Osama Bin Laden Before and After 9/11 Tracking Buzz on Osama Bin Laden 1 0.5 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 September 2001 Time in Days
  • 8. Employed to Track and Forecast Popularity of Political Candidates in Past Presidential Primaries and the National Campaign for President Candidates in the Democratic National George Bush vs. John Kerry in the Primaries in the Months Leading Up Campaign for President in the To Primary Night Months Leading Up to Election Night
  • 9. How You Can Get Started Now With Google Trends . . . How It Works