Ask Measure Learn (Lutz Finger; Soumitra Dutta, 2014)
Review: It is important to measure the effect of marketing so you know how to improve on it, this book have some key measurement indicators but would be better with more. Rated: 8.5/10
- If you’re not paying for something, you’re not the customer; you’re the product being sold.
- Reach vs. intention (conversion)
- Give any reason to get what you want easier, the word ‘because’ triggers a reflex to treat the request as valid
- Customer 2.0: community answering question and felt happy as a power user
- Social media class:
- Earned
- Paid
- Owned
- Recommendation system:
- User ratings
- Context
- Popularity
- Interest
- Freshness
- Friend’s recommendations via Facebook
- Campaign difficulty measurement:
- Public relations (32%)
- Print (26%)
- Online advertisement (15%)
- Trade shows (9%)
- Email marketing (6%)
- SEO/PPC (5%)
- Direct mail (5%)
- 6 principles of influence
- Reciprocity
- Social proof
- Authority
- Commitment and consistency
- Liking
- Scarcity
- Influence measurement
- Causation
- Error
- Cost
- Network size
- Network centrality
- Network proximity
- Location
- Engagement
- Authority
- Engagement measurement
- Clicking
- Sharing
- Commenting
- Copying
- PR measurement
- Reach
- Context
- Activity
- Engagement
- Audience
- Customer measurement
- Net promoter score (NPS)
- Net sentiment score (NSS)
- Marketing AI analytics
- Sentiment algorithm: positive and negative words
- Anaphora: base words
- Marketing gone wrong stories
- Thessa’s party: thousands of people turn up for a wrong FB invite
- United breaks guitars: a YouTube viral effect
- Keyword step-by-step guidance:
- Research
- Research main base-term
- Find exclusion to base-term
- Research abbreviations
- Find exclusions to abbreviations
- Research terms to mention within social media
- Test results of search
- Repeat step 1 with other ways of reference
- Translate into other languages of interest
- Test translations
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