For nearly ten years, my wife and I owned just one car. That's because I spent my life on airplanes or commuting into NYC on Metro North. I always had my backpack filled with that day's newspapers, analyst reports, and trade magazines using those in-between hours to plow through data. I took to heart David Ogilvy's mandate that we pursue knowledge the way a pig pursues truffles. I felt bad for the cleaning people emptying trash bins in my wake.
While the early web had some interesting content, mostly our big insights came from reading and mentally processing all that information. For our team, I served as a human alert system, feeding nuggets into our consumer research and focus groups, creative exploratories and agency briefs. Our team "noticed things" way before other people did. It showed in the work and in our clients results. I attribute those successes to listening to people, tracking competitors, and analyzing the media. We had no time to wait for a Press Clipping house or Ad Tracking service to send us reports weeks after the month end. (it's amazing how many people still do this!)
The web, of course, changed all that. But not yet for the better. Now there are thousands more bits of information to gather, consume, and mentally process. A few webclipping companies have promised to get us just what we need, when it happens; and Google offers their free Google Alerts tool. Mostly, these are crap services. We've tested most of them, and even pay for a few, but only as source data. In and of themselves they are not there yet.
Don't believe me? Ask yourself: How many Google Alerts do you receive in a given week? 20? 30? If you use a webclipping service, how many alerts? Using the same search criteria you may end up with 1000 clips in that same week.
But here's the rub: we find that as high as 70% of these clips (both Google Alerts or the paid services) are junk. Yes, junk. (and forget about blogs - the automated analysis tools are a long way from useful unless you have many people doing the manual work.)
Don't misunderstand- I love that we can now search and find things quickly and cheaply. I love that computers can guess the sentiment of a story. Even better is that you can now uncover and analyze the 50 real stories (totaling 300 clips after syndication) that may have appeared about your company.
But someone still has to parse through the 700 that are no more than table of content mentions, tags used to ping search engines, OLD stories that were reprocessed with a new URL, or that list of stories dating back to 1999 that just popped up when Magazine X was finally discovered by WebClipping System Y or modified their content management system.
Yes, this is all great IF you accept that it's new technology that will improve and use it directionally to improve your own processes.
But conversations with reputed thought-leaders and sales prospects over the past six months have led me to another conclusion: Marketing people - especially PR people - are trying to buy report cards.
I'm seeing way too many agencies, mid-level users, and DIY analysis vendors simply plot and map the gross numbers for reporting purposes; users then take those 1000 hits and say, Look Boss - we're really rocking now, setting impossible, and highly inaccurate expectations for the future... you must look beneath the surface. Very few spend the time to read the stories, scan the ads, uncover the insight, or test the hypothesis. They're blindly counting hits, web traffic, etc. as Actual Results.
Please. Don't get suckered down this dangerous path or reporting gross output numbers. As the technology improves your numbers will go down. And, if someone looks below the surface, you'll look even worse.
Remember, stewarding your brand requires insight, understanding, and communication.
I hope marketers will put all their data together into a repository of learning. Then tear it apart looking for actionable insight, for those elusive truffles. We're building a company that facilitates the change. If you need help getting started, let us know.
"Encourage innovation. Change is our lifeblood, stagnation our death knell" - David Ogilvy
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