A draft presentation to be presented at eMetrics Toronto by David Alston on March 31, 2009. Contains analogies and potential benchmark metrics for measuring social media.
23. “ Because we love measuring “vs. last year” this is putting many brands in an uncomfortable spot.” - Len Kendall Source: http://altitudebranding.com/2009/03/get-a-yardstick/ @davidalston
24. “… there are other variables out there that complete the picture of total marketing performance and they all work in unison, as an orchestra of sorts.” - Juliann Grant Source: http://altitudebranding.com/2009/03/get-a-yardstick/ @davidalston
25. “ What you’re after is a combination of both qualitative and quantitative measurements that - in combination over time - increase the likelihood that when a revenue decision is on the table, your business is the likely recipient.” - Amber Naslund Source: http://altitudebranding.com/2009/03/get-a-yardstick/ @davidalston
26. “ Hindsight is a beautiful thing, and advertising executives (and creative agencies) like to take credit for improving sales, when really these sales might have little or nothing to do with TV ads. Attribution is one thing, but knowing that something works is entirely different. Social media appears to be a mixture of the two.” - Chris Lake Source: http://econsultancy.com/blog/3407-10-ways-to-measure-social-media-success @davidalston