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Okay You Know What, But So What?

Sunday, February 8, 2009 9:26 AMby Scot Wheeler
With the availability of media monitoring tools, it is now quite easy to receive a constant stream of information about topics you wish to monitor, be it your brand, competitive coverage, or industry issues. Many of these tools are so good at finding all the stuff that’s even remotely related to your interest that the amount of content you receive can quickly become overwhelming.

Thanks to digital searching, finding content has become really easy. But things become a little more complicated when we begin to ask what we should do with what we’ve found. Information is not the same as insight.

There is a key distinction between monitoring and measurement. Monitoring gives you all the “what”, but then leaves you asking “so what?” With monitoring, we can now see every bad thing that someone says about us, but as many have begun to learn, we can’t respond to everything. Without knowing which negative (or positive) media matters and which does not, it is possible to cry wolf once too often for management to tolerate. The folks who are monitoring media know that there is really important knowledge to be gained from listening to conversations about our brands, and know that there are insights in that content somewhere that should be integrated into strategy. But monitoring alone won’t separate the wheat from the chaff. To find the important point in a haystack of content, we need to go beyond monitoring, and engage in real measurement.

2 comments:

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February 10, 2009 12:57 PM Janet Johnson said...

Hi Scot,

I agree that information is far from insight. My interest in what you're saying is this: how DO you separate wheat from chaff? (There's a ton of chaff out in the social media world...)

There are tons of "Social Media Monitoring Services" out there, too. From free tools to six figure services...

What's your secret sauce? The system? The professional services? I'm not sure how you guys work... Can you help me position your measurement system a little more clearly?

The information on your site seems a bit "mysterious" to me as I try to compare you to other media monitoring (and measurement) services.

Tell me a little more before you try to sell me?

February 10, 2009 3:16 PM Scot Wheeler said...

Hi Janet, thanks for checking out the blog, and thanks for your question.

This wasn't meant to be a pitch of our tool, just an evaluation of a common strategic problem faced by many who are thinking through how to use monitoring tools. However, evolve24 does have a very unique approach to measurement - otherwise I wouldn't be going down this path.

For us, monitoring (and not just of social media) is just a means to an end. The end - in this case risk, reputation and stakeholder measures which help us understand the "so what" - are not at all mysterious when they're introduced properly. And I agree, they are not best introduced through a website. I'll be in touch to see if you'd like to learn more.