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Katie Paine’s Measurement Hour
Paine Publishing
March 21, 2018
www.painepublishing.com | @queenofmetrics | measurementqueen@gmail.com
Taming Your Data Dragon: How to Cure Your Data
Addictions and Get the Insights You Need
 The More Data the Better
 All Data is Good Data
 Data = Results
The Myths of Data
What Gave Birth To the “Data Puking
Dragon?”*
 “Big Data” vs Small Data
 Today’s Digital Publishing
Model
 Social and Web Analytics
 The Demand for
Accountability, Metrics and
Dashboards.
* Avinash Kaushik Occam’s Razon Blog
How to Tame Your “Data Puking Dragon”*
* Avinash Kaushik Occam’s Razon Blog
Define What Matters
Define the Data you need to measure progress
towards what matters
Collect it
Validate it
Analyze, Find Insight & Report Results
How to Tame Your “Data Puking Dragon?”*
 Collect only the data you
need:
 What matters to your Target
Stakeholders?
 What will help you achieve
your Strategic Priorities?
 Report as often as you make
decisions, no more no less.
 Create standard terminologies
and definitions
 Audit regularly
* Avinash Kaushik Occam’s Razon Blog
Quick tips to put your dragon on a diet
 Forget the tree, focus
on the Forest
 Focus on individuals
and outlets that
actually influence your
stakeholders
 Don’t try to compare
apples and goats
 Pick 3-5 metrics and
use them consistently
 Eliminate duplicates
Getting Insight From Your Data
 What decisions do you
need to make and
what data do you need
to make them?
 What’s keeping your
bosses up at night?
 What story do you
need to tell?
Typical Signs that Your Puking Data & How to Stop
Glazed Eyeballs
Don’t
“Report” Tell
a Story”
Add more
“WIFM”
Panic
Audit Your
Data
Don’t be
Surprised by
the Skeptics
Too Many
Numbers Too
Little Time
Know your
key message
Use only
charts that
illustrate it
Know what
do you want
them to do
Use data to
convince
them
The Most Essential Metrics
 For Events, use these metrics:
 Cost Per Lead
 Cost Per Minute spent with Prospect
 Pre/Post % Increase in whatever your goal
was: Trust, Preference, Consideration, etc.
 Share of desirable voice in media, social,
and hashtags about the event compared to
the competition
 For Owned Digital/ and Social, use these
metrics:
 % increase in conversions from owned
content
 % increase in incoming CRM queries from
owned activities
 % increase in preference or consideration
or trust or awareness
 For Earned Media, use these
metrics:
 Increase in your Media Quality Index
 % increase in conversions from
earned content
 % increase in coverage containing
one or more key messages
 % increase in share of desirable
coverage vs. the competition
 % decrease in undesirable coverage
vs. the competition
 % increase in incoming queries from
PR generated activities
 % increase in preference or
consideration or trust or awareness
 For Internal Communications, use these
metrics:
 % increase in willingness to
recommend
 % increase in employee
engagement
 % increase in understanding of
company priorities
Key Rules to Remember
 Collect only the data you
need to measure
success against your
priorities and goals.
 Trust no data until you
validate it.
 Spend at least twice as
much effort analyzing
your data as you did
collecting it.
 Don’t “report.” Tell the
story that needs to be
told.
10
Questions
Thank You!
 Click here to explore the newest articles from The
Measurement Advisor
 Reminder: As a paid subscriber you have 24/7 access to all
of TMA’s articles…just visit TMA’s homepage!
 Follow me on Twitter: @queenofmetrics
 Follow Paine Publishing on Facebook and LinkedIn
12
12
Special thanks to Montclair State University's Graduate Program for
sponsoring this month's Measurement Hour!

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Taming Your Data Dragan: How to Cure Your Data Addictions and Get the Insights You Need

  • 1. Katie Paine’s Measurement Hour Paine Publishing March 21, 2018 www.painepublishing.com | @queenofmetrics | measurementqueen@gmail.com Taming Your Data Dragon: How to Cure Your Data Addictions and Get the Insights You Need
  • 2.  The More Data the Better  All Data is Good Data  Data = Results The Myths of Data
  • 3. What Gave Birth To the “Data Puking Dragon?”*  “Big Data” vs Small Data  Today’s Digital Publishing Model  Social and Web Analytics  The Demand for Accountability, Metrics and Dashboards. * Avinash Kaushik Occam’s Razon Blog
  • 4. How to Tame Your “Data Puking Dragon”* * Avinash Kaushik Occam’s Razon Blog Define What Matters Define the Data you need to measure progress towards what matters Collect it Validate it Analyze, Find Insight & Report Results
  • 5. How to Tame Your “Data Puking Dragon?”*  Collect only the data you need:  What matters to your Target Stakeholders?  What will help you achieve your Strategic Priorities?  Report as often as you make decisions, no more no less.  Create standard terminologies and definitions  Audit regularly * Avinash Kaushik Occam’s Razon Blog
  • 6. Quick tips to put your dragon on a diet  Forget the tree, focus on the Forest  Focus on individuals and outlets that actually influence your stakeholders  Don’t try to compare apples and goats  Pick 3-5 metrics and use them consistently  Eliminate duplicates
  • 7. Getting Insight From Your Data  What decisions do you need to make and what data do you need to make them?  What’s keeping your bosses up at night?  What story do you need to tell?
  • 8. Typical Signs that Your Puking Data & How to Stop Glazed Eyeballs Don’t “Report” Tell a Story” Add more “WIFM” Panic Audit Your Data Don’t be Surprised by the Skeptics Too Many Numbers Too Little Time Know your key message Use only charts that illustrate it Know what do you want them to do Use data to convince them
  • 9. The Most Essential Metrics  For Events, use these metrics:  Cost Per Lead  Cost Per Minute spent with Prospect  Pre/Post % Increase in whatever your goal was: Trust, Preference, Consideration, etc.  Share of desirable voice in media, social, and hashtags about the event compared to the competition  For Owned Digital/ and Social, use these metrics:  % increase in conversions from owned content  % increase in incoming CRM queries from owned activities  % increase in preference or consideration or trust or awareness  For Earned Media, use these metrics:  Increase in your Media Quality Index  % increase in conversions from earned content  % increase in coverage containing one or more key messages  % increase in share of desirable coverage vs. the competition  % decrease in undesirable coverage vs. the competition  % increase in incoming queries from PR generated activities  % increase in preference or consideration or trust or awareness  For Internal Communications, use these metrics:  % increase in willingness to recommend  % increase in employee engagement  % increase in understanding of company priorities
  • 10. Key Rules to Remember  Collect only the data you need to measure success against your priorities and goals.  Trust no data until you validate it.  Spend at least twice as much effort analyzing your data as you did collecting it.  Don’t “report.” Tell the story that needs to be told. 10
  • 12. Thank You!  Click here to explore the newest articles from The Measurement Advisor  Reminder: As a paid subscriber you have 24/7 access to all of TMA’s articles…just visit TMA’s homepage!  Follow me on Twitter: @queenofmetrics  Follow Paine Publishing on Facebook and LinkedIn 12 12 Special thanks to Montclair State University's Graduate Program for sponsoring this month's Measurement Hour!