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Mark Goren

Funny, Valeria, your last line was exactly what my comment was going to be. Curious to hear more as well.

Steve Roesler

Valeria and Mark,

I was struck by where you left off: "Doing (in order) to Understand."

It seems that this would require someone in the corporate environment to take a risk by actually implementing (trying out) something that is unproven. As you are well aware, that's a huge career-limiting opportunity.

Yet I agree that new media is a hands on," let's play with it until it works for us" proposition.

So if we were working with kids to get them to try something new, how would we get it into their hands?

What if we used that as a jumping off question and see where it leads?

Philippe

I'm passionated about the measurement debate. In my job, I hate to fill in monthly KPIs but it's important for my hierarchy (even if it's not through KPIs I measure I'm doing good or bad). I understand they need it, though.

Same story towards the advertisers. Most of the advertisers I meet are eager to innovate and develop online strategies but they need, to report to their bosses, a measurement tool, a way to present an ROI of the campaign.

The best models I saw (depending on the advertisers objectives) are the net promoter score that measures brand favourability and an OMD econometric model determining and weighting the variables in sales (base, product mix, seasonality and media contribution)

But beyond existing models, the beauty and the curse of online is in the variety of measurement and reporting tools. It's often a mess but it allows every advertiser to optimize permanently his actions (on TV you optimize based on GRPs and that's it).

Mark Goren

Funny, a colleague and I had a conversation about measurement just yesterday with a client. The client was only interested in being able to have measurement built into the project. He didn't know what to measure, only that he wanted to measure something.

When we hung up, my colleague and I talked about how to work long-term measurement goals into the equation for this, the development of a career awareness site.

A few years from now, how could we know that someone who had become engaged in this site ended up a) exploring the possibility of joining the industry and b) did end up working in the industry?

Is there a way to know what the effects of an online initiative are offline? How would you measure this?

Philippe

Mark,

I think it's totally the same for any kind of advertising: what is the effect of a TV campaign, a sponsoring, a product placement, an outdoor campaign? I would measure the sales (and test the campaign efficiency with a panel), no matter the advertising technique you chose

Mark Goren

True, Philippe. But in this case, it's a little tougher to measure because we're talking about determining how many people are joining an industry and not units sold.

So how am I supposed to know that someone got a job at company X because of the site or because they were job hunting and happened to find work there? Visiting the site may mean you've found information to find the right school to become certified (which could take some time) or it could mean that the visitor found a company that's looking for employees right then.

Would seem impossible to track how many were influenced by the site and ended up with a career in that industry, no?

Valeria Maltoni

Steve -- to me doing in order to understand is innovation. Yes, it might be a career-limiting move, that's why you want to select the project carefully. When I selected the Client gift, I knew I would have less of a battle in selling the concept. And I didn't do any selling of *that* concept. I sold my boss and a colleague to attend Seth's seminar in December. Then I went ahead with planning to give the book to our customers.

Philippe -- it's a blessing and the difficulty of measurement to know exactly what you are trying to measure. Methodology should precede outcome, or you can set yourself up to measure for the outcome you want in the first place. Good points on variety of tools.

Mark -- ah, we understand the value of ROI, yet the magic is in knowing what we want to achieve. Case in point is Seth's brand goal: to spread ideas. Making money doing it may be an outcome of his goal, but it is not what he sets out to do. So know what you're going for, and then you can figure out how to measure it.

Philippe -- yes, know what you're measuring as in what you set out to do, not all the outcomes from what you did.

Mark -- that's where feedback comes in. How do you set up conversations to gather and give the right kind of feedback that can be used as breadcrumbs? This will be the topic for a post I'm working on.

Thank you so much, everyone. This is amazing material, which I think Mark agrees, we shall package and distribute once the discussion finds a natural ending point.

Philippe

It's a complex question :-s

Especially of you consider the fact that a decision is often based on several factors (website, articles in the press, word of mouth,...)

The website is an element in a chain.

To make a silly analogy: At my office, we have free drinks and free speculoos (excellent Belgian biscuits). Does it have an impact on employee satisfaction? probably... but I wouldn't be able to measure it :)

Valeria Maltoni

I did not mean to sound like the conversation is over -- let's hear it from you. I think there is still much to be said around storytelling in marketing and measurement.

Philippe -- I hinted at it in my response above. Feedback is the best juice for relationships. Let me give you a specific example. You come to this blog and join a conversation that gets you buzzing with ideas; you decide to include the blog in your blogroll. I've done that many times, with many blogs. That is feedback and an important piece of information.

We get that type of feedback all the time in offline conversations with nonverbals, calls back (or not), let's meet for coffee offers, etc. There are ways online, too. What we have here is technology. Yet at the end of the day, it's the people we care (or should) about.

I like your example of the cookies. I must visit Belgium soon. Maybe next time I'm in Italy -- I go every year.

Mark Goren

I see where you are both coming from, but I'll reword the question: How would you "tag" someone who passes through a website and then goes on to give you the positive result you're looking for (not sales related)?

How can you track and monitor this relationship?

C.B. Whittemore

Valeria, great concept and conversations with this series. Definitely thought-provoking, too. Congratulations, too, on being included in The Viral Garden's Top 25!!!

Valeria Maltoni

Mark -- you provide opportunities for feedback on your site, social bookmarks already do some of that. Someone could stumble you, etc. without telling you directly, for example. Tracking and monitoring need to be customer/audience-based. An opt in vs. a push through.

C.B. -- we will do more of these in various forms and topics. This is what conversation is all about: peers and ideas mixing it up. Thank you for your kind words.

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