Share rate. The best way to measure how content spread

There’s a lot of talk about shareable content and what it means to go viral. This post is in no means a guide to make sure content does go viral, with this post I hope to help people understand why content spreads and if that is really what has happened in the first place. The reason I think this matters is because marketers are judging other brand’s content to understand what worked and what didn’t hoping to replicate, but they aren’t necessarily always looking at the right data. And since I get into conversations related to this topic constantly, I figured it would be well worth sharing this idea of share rate here as well.

Enough for the introduction, I will use online video (ads) as an example, but the theory works for all kinds of online content, although the data sources will be different of course. There are two key numbers that people tend to look at when judging the succes of online video: views/impressions and shares, although I presume that’s already a distant second measure.

Youtube for instance has its own way to rate popularity of video ads, that is explained by themselves rated based on “an algorythm that factors in paid views, organic views and audience retention” – the Youtube Leaderboard. It’s unclear what the weight of each element is, but it’s clear that it’s mostly based around views. It is also the only number mentioned in the rating. As an outsider it’s difficult to judge only on that number what made each video succesful, was it the idea or was it the mediaspent? Knowing what Youtube’s business is about, there’s no need to explain why this rating makes sense for them.

YoutubeLeaderboard

So it’s important to look further. If you as a marketer (or agency creative) want to figure out why something worked views aren’t the best number to look at on its own. Unruly Media created another way to measure video by looking at the amount of time something was shared on social media. The ads chart is sponsored by Mashable, but you can also look at popularity of other video content. If you want to understand why content was spread amongst people it’s probably a good idea to check if it actually spread in the first place.

Here’s where it becomes interesting. The ranking based on shares looks pretty different than the one based on views, if you look at Youtube’s n2 for August for instance, you will see it’s almost impossible to find in the Unruly ranking. So it’s clear, you wonder how content spread? Look at the shares. But that’s not all.

ViralVideoChart

Let’s look at a classic video we all know for instance: Evian Babies. With over 3 million shares that puts it at number 7 in the Unruly Viral Ads Chart of all time. Very succesful, but does that proof it was spread across social and hence a big succes? Not quite. Paid views will also generate shares – paid and organic. So we need to look beyond that. Here’s where the share rate comes in. The best way to judge whether a video was viewed because people shared it across the web is to look at the ration between views and shares. There’s a few ways to look at it, we use [shares/views] as the ratio, some use percentages, the idea remains the same.

Snapshot of internal tool (c) Duval Guillaume
Snapshot of internal tool (Duval Guillaume)

Truly viral content such as ‘Dumb Ways to Die‘ or our own ‘Push to add drama‘ will have a share rate in between 1/20 and 1/10 or even higher (meaning 1/9 or 1/8 but you won’t see those number appear much). Evian Babies – to come back to that same reference – has a ratio of 1/40 and the other example I mentioned (Foot Locker – Youtube’s August n2) has a ratio of 1/200. I would reckon that everything below 1/15 (probably) or 1/20 (definitely) received some kind of ad push. The lower the number the more views were generated through advertising (versus organic) obviously.

The share rate on its own doesn’t say much either of course, a high rate with little views isn’t much of a succes. But if you really want to know why a video was seen by so many people then this is the measure you need to look at. Does that mean those other videos weren’t successful? Of course not. Is it wrong the push videos online with media? Ofcourse not. But want to understand where success came from with the little data you can access? Find the video on the Unruly chart (they show both views and shares – makes it easy) and calculate the share rate.

For the record, Youtube also has a kind of share ratio they use in their presentations but it’s not meaning the same thing. They will look at the ratio between paid views and organic views. Again, thinking of their business selling video ads, I makes for them to correlate paid versus organic views, rather than views versus shares as I suggested.

As mentioned in the beginning I used video to explain but this idea of share ratio counts for all types of content and thus should help you analyze success (or not) of others in good way.

(Please note that I only use examples to illustrate a point, it’s no judgement at all about the videos themselves).

Marketers underestimate the ‘owned’ in ‘owned media’

Facebook reportedly slashing organic reach for pages. Or Why you should subscribe to our newsletter. Why am I not surprised.

Whatever the online media mix I’ve always been convinced that a company’s website is the central building block. There are many beliefs that have evolved over time, yet this one hasn’t, I think it’s key for brands to consider the main website as the most important owned media. That and the development of an direct email program. The biggest mistake brands can make is to consider social media as being part of their owned media because social media are at best ‘rented’ but definitely not owned. If it were owned, you would be in control. Hence why you want to make sure that the central element of your online mix is something you can control.

It’s like we’re trying to fix a problem that shouldn’t have been a problem to begin with. The same reason why I don’t like to use the term ‘corporate website’. It defines the website as being a boring thing on the web that holds information about the brand, when it was founded, where it’s located, etc. In that regard I get it that we thought more exciting things could happen on social media. But it’s because we’re using it wrong, look at what Coca-Cola is doing with its corporate website, now here’s something interesting. How come nobody is doing that?

Think about the traffic and engagement you could have created if you would have invested in it all along. Think about how search made every page a homepage and how we can use to design user experiences. How you should invest a lot of effort in making sure there’s no link left behind when you change platforms.

Seriously. Do use Facebook and other platforms to experiment with different types of user engagement, I do too, it’s fun and there’s some really good stuff that can be done. But first and foremost, reconsider the importance of your website and your own email program, that’s an investment in the future that is never lost. It’s the smart thing to do. It’s yours. And quite frankly, if you cannot think of anything interesting to do with your own website, why do you think that problem will fix itself when creating content for social media?

Social Media Forum: Social Currency

Yesterday I did a talk at the Social Media Forum 2011 in Brussels. It’s a topic that I’m interested in since 2006 or so, the time Hugh MacLeod started talking about “social objects”. You’ll find out why when you keep on reading.

I started the presentation with a quote from Mark Twain I had found only a day earlier:

“The two most important days in your life are the day you are born, and the day you find out why” (Mark Twain)

The reason for that was mainly that as usual in social media related conferences (or actually on many of the stuff that is written about it online as well) is around tactics, hardly ever about the reason why. One of the other speakers asked a question about whether you need to be active on social media or building your own web presence, I think he used the reference ‘fish where the fish are’ to reference social media. To stay in that analogy that is like saying you should either ‘fish where the fish are’ versus ‘making sure your fridge is at the best possible temperature’. In that idea the tactics we’re all focusing in so much is just the same as thinking about tricks to get the fish to hop in the fridge themselves… that’s a silly idea isn’t it?

Enough about fish already. When I think about Social Currency, I can only think of it as the most interesting thing possible in social. What do other have to say about it though? That’s what you can see on the first few slides. A lot of explanation etc, and I can only think NOPE (thank you Chuck Testa). Why do I think it’s more than that? There are 2 cases I used to prove my point.

First one: The Blue Monster. You can read about that on my blog as I’ve written about it several times before, it is that what I believe made Hugh start to talk about ‘social objects’. Explaining what it meant for him. He called it the hard currency of the internet:

“The interesting thing about the Social Object is the not the object itself, but the conversations that happen around them. The Blue Monster is a good example of this. It’s not the cartoon that’s interesting, it’s the conversations that happen around it that’s interesting.”

It was the Blue Monster that gave me, Steve and many other Microsoft colleagues a way into the tech community to talk about Microsoft and how we (as employees) were convinced something was changing on the inside. Only because people didn’t understand why we used the cartoon ourselves. The question to explain that created that window of opportunity.

A more recent example, the second one I used in my talk was the “Bikers” viral we made for Carlsberg 2-3 months ago. I haven’t talked about that video on my blog before, yet there’s a chance you have seen it – as did about 13 million people since launch. You have to see it first before I can further explain:


Apart from thinking it’s funny, what was the first idea on your mind? There’s a good chance it  was something in the lines of ‘would I have done that?’. Carlsberg launched their new baseline recently: That calls for a Carlsberg. And with that also a new proposition. It’s about a ‘reward for a daily act of courage’. And this was our (first) answer to that. Notice that you didn’t just talk about it, you probably discussed about it. It’s almost a social experiment.

That’s what Social Currency is about, a way to create value. That’s also why I think it’s a better word than object. And, it’s not just about talk value, but about discussion value. Make stuff worth discussing. If you keen on doing this, you build Social Capital. And that’s fundamentally much more interesting than learning about a few (ever changing) tactics first.

Hope you like that, feel free to comment. You can find the (small) presentation up on Slideshare:

The problem of the internal story

Yesterday Edelman organized a breakfast event together with The Centre for which they had Steve Rubel as guest speaker as well as Patrick Bosteels and Ramon Suarez as specialists at the table for further discussion. Steve’s presentation was interesting (as usual), there’s a good write up about it on Steve’s Posterous.

What struck me most however during the discussion afterwards is how all businesses are struggling with social media, in particular how they were struggling to make it work on an organizational level. A recurring problem that I’ve also noticed plenty of times with some of our own clients. What happens today is that many in the communications department have discovered social media and wish to make use of it. Be it thanks to agency advice, because of their own interest, due to pressure from above, … whatever the reason you see there’s an ask for building solid presence on social media.

In many cases this presence will include telling real stories from real people inside the company, no better way to show authenticity right? And that’s where lies the problem in my opinion. The communication department sees the opportunity of becoming more social, realizes that it cannot do it by themselves for 2 reasons:

  1. It involves the whole company, or at least most departments in the company. Make social media 1% of 100 people’s job instead of 100% of 1 man’s job – dixit Steve.
  2. The real stories are not with the communication department, they are with the people building the products, selling the services, meeting the clients, …

And although they are interlinked, I believe that most of what we’re trying to do today is trying to fix the first problem. I do believe the challenge with the second problem is bigger though, it’s more difficult to tackle.

Steve talked about the necessity to look at what motivates people in the organization to get them involved. Is it money, internal recognition, reviews, … Which button to push to get people to participate. I think that’s very true, but wonder if it can help with that second challenge. I’ve experienced with some small to very large enterprises that and the gap between the comms department who recognized the opportunity and realizes there’s plenty of content within company to be used to actually surfacing that content in a way that is sustainable is too big to overcome.

So how do you overcome that gap? How do you surface the internal stories that matter to your company? What’s your take?

Where are the case studies that matter?

Or at least, where are the social media case studies that matter to me. The reason I’m calling for this is that most of the cases I see or hear about aren’t always that usable to me. There are learnings in every case, but most of the time those examples have one or a few things in common that make them difficult for me to use. I need other cases, other than the ones people keep sharing at the moment, so where are those cases that are:

  • NOT from an online business: Zappos is the first that comes to mind. If you’re in e-business it’s also easier to create and measure a valid social online presence. There’s an immediate link with your business to be made online, there’s an immediate link to be made with sales online, that’s not the case for everyone.
  • NOT from a tech company: Microsoft, DELL, … I’ve worked for Microsoft myself and even 4-5 years ago there were about 5.000 bloggers active within the company. The company was actually active in social media before The Company was active in social media (if you know what I mean). You got a whole bunch of tech savvy people together, I can tell you from my experience that is a very different starting point than when you try and set this up with your average FMCG brand for instance
  • NOT from the U.S.: Ford, Starbucks, … great brands moving the needle in social and proving that it makes a difference for the whole business. With someone like Scott Monty at Ford, they are able to test and build social web experiences and applications, monitor etc but don’t forget that most of the learnings from this only work for a market as big as the U.S. The team, the tools, the costs, … for a market in one main language and with something like 300 M people is quite different from any market in Europe for instance. And a Pan-European approach might have the same scale but also that still requires a pretty different approach. There is no Europe basically ;)
  • NOT from a social media company: Social Media Examiner, Hubspot, … their business is in social media, it would be kind of sad if they didn’t know how to make it work for themselves right?
  • NOT from an indivitual or a 2 person company: There are obviously plenty of examples around like this – Choqoa from a friend of mine is a great example of a case like this. But it’s different when the business is basically yours and when you’re passionate about social media and understands how things work versus getting things organized in your regular mid-sized or big companies. You just have to start, you’re convinced and there’s no-one else around, no steering committees or anything like that. And that makes a huge difference.
  • NOT initiated by a negative experience: DELL Hell, Kryptonite, … we’ve all seen and heard of these examples plenty of times. And it’s great to see the turnaround DELL did after all the negative buzz they got at the start. But when I want to show people the opportunity that is social media, not why it’s a good tool to set up your defense systems.
  • NOT just a link or a screenshot: Last but not least, it’s great to get a link of a nice example but I’m really looking for cases so I’d like to see more information, data or at least people’s opinions around why this is a good or a bad case.

So don’t get me wrong. We’ve probably all learned certain lessons from some of the examples mentioned above and we should have. But on a day to day basis I cannot use much of the learnings I ‘ve got from these examples given the nature of those cases versus the situations I think many of us are dealing with on a daily basis.

So if you know a good case that is none of the above, please let me know. And share my request with your friends if that’s not too much to ask ;)

Photo by Andy Ciordia

Some thoughts on Social CRM

Yesterday I did a presentation on Social CRM at Digital Marketing First (and no my thoughts on that event haven’t changed yet). It was our partner Selligent who had asked me to join them for this presentation and the following is what I prepared.

The original call for the presentation was around social media as a direct marketing tool but I found that too limited of scope and also I’m annoyed by the fact that many people just see social crm as a campaigning tool on Facebook and Twitter. But hey, nothing new there – online crm is also mostly translated as being sending emails to a database. While clearly crm is much more than that. And that’s kind of what I wanted to bring in this presentation to begin with.

‘The customer is at the centre of everything we do’. Customer centricity is a hot topic these days, it’s the primary scope for how we manage our business. But is that really so? I’m not too sure about that. From what I see and hear businesses seem to have quite a few other objectives that come first. Do we even know our customers? Because how can we even be real about being customer centric if you have no clue who you’re talking about?

In an age in which consumers constantly re-evaluate brands/products (cfr McKinsey) it’s even more important to put the consumer that the center (and for real) and to start building relationships. So the point in the end is to use a lot more of the tools/channels to get to know your customer a lot better so you can be more personal in the conversation. And luckily there’s an awful lot of automation that can be done to deliver on that promise.

For those that attended the presentation, hope you liked it.

The promise of interactive television (Cont’d)

Via Brandflakes for Breakfast I learned about Yap.tv which seems to be another interesting view on what interactive could be like. Other than the My Generation app from abc which I mentioned earlier this week, the Yap.tv app is useful for all channels and all interactivity is added without collaboration from the channels themselves.

If this is the direction we’re going – and it sure looks like it – interactive tv will be re-invented by people and companies outside the tv business and not by the networks or content owners.  I suppose that’s what happens when you try to protect an outdated business model. That’s kinda sad in a sense but also very exciting. Wanna bet that is exactly what is going to happen? I do ;)

In the meantime check out Yap.tv if you’re living in the US, I can tell you it’s pretty useless in Europe. It’s the idea that counts.

Talking tree

Really nice campaign for EOS magazine from our friends at Happiness creating some good buzz for the moment.

“Eos has launched “Talking Tree”, a campaign that turns the environmental debate on its head by giving a voice and “feelings” to a 100 year old tree living in living in Bois de la Cambre, on the edge of Brussels. The tree has been hooked up to a fine dust meter, ozone meter, light meter, weatherstation, webcam and microphone, providing regular updates to followers through YouTube, Flickr,Twitter, Facebook and Soundcloud.”

eos-talking-tree-site

I think the website isn’t the best part of the whole campaign but other than that, definitely worth checking out.

Glass. How to make sharing more contextual.

Well at least that’s what I think it does. When I first read about this Firefox/Chrome plugin I thought it would be something similar to Weblin, a service I blogged about in 2007. Luckily it’s not the same. For one Weblin wasn’t as cool and interesting as I first thought and is in de deadpool by now and Glass has a different offering so let’s give that a try.

“Glass is a browser add-on that lets you share experiences and not just content. We’ve created a virtual sheet of Glass that lies over the entire internet that’s yours to affect. You can share your thoughts about anything on the web, right in the moment, by literally placing notes, (highlighting text, and even placing pictures and videos – to come soon) on top of any website and share those thoughts with only those you choose. We let you share the moment and thought together as an experience.”

I’m not sure actually if it has a benefit to share websites/comments the way Glass wants you to, but I got to have some friends on Glass first to figure that one out :) See it in action:

Glass is still in beta (invitation only) but I could still use the invitation code offered by The Next Web in their post about Glass so can you (code = thenextweb). If that doesn’t work anymore, I have 5 invites left so give me a shout if you need one of those.

That way we can both find out if this is a keeper or not.

Facebook goes offline!

For real. So the site is still up and running (don’t worry about that!) but it is clearly becoming a trend to bring some of the key Facebook characteristics to the real world. The examples below are perfect proof of that.

During summer Coca-Cola in Israel introduced “The Real Life Like. Together with Publicis E-dologic they figured out a way to embed user data in IDF bracelets, and thus allow people to “Like” real world objects, places and events spreading the word about it on their facebook accounts.

“The implemented these facebook-bracelets at the Coca Cola Village, a watersport, sunbathing, gameplaying amusement park activity-thing for teenagers. When the guests arrive, they are given a ‏ bracelet ID which transmits an RFID signal, which they program with their facebook login. They can then “like” activities and places in the real village, and their actions show up on facebook. Teenagers are driven by vanity like everyone else, so there was a photographer present as well, if you wanted to tag yourself in any given image all you had to do was wave your ID bracelet to the photographer.”

colalike

Probably sometime during the same period, Diesel introduced Facepark aka The Analog Version of Facebook as part of the Be Stupid campaign. Go outside, speak with actual humans ;) Definitely my favorite of all these examples btw, just watch the clip if you haven’t seen it before:

As part of that they also invented the Facebook Ass Status, no sign of that being used within my network yet though :)

The last example to pop up onto my screen is this one from Saatchi & Saatchi in Budapest: Taking Facebook to the streets for T-Mobile:

“At a busy downtown square in Budapest, they painted a Facebook wall(it was not an LCD screen). when users update messages on the online, they will manually place the messages with caricatures on this street wall.”

t-mobile-facebook

Not the most brilliant example if you ask me. Anyway, if you’ve seen other examples that would fit this trend, let me know in the comments.