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PR MetricsThere is a lot of conversation happening online about the PR metrics communications professionals should use.

This is good!

We finally are having the conversation, which means two things:

  1. Clients are beginning to realize there is more to what we do than media impressions and advertising equivalencies; and
  2. Communications pros are learning from their marketing counterparts and becoming more data- and metric-savvy.

But there is a small problem with the conversation… it’s all focused on media relations.

This makes me want to cry.

Not only is there much more to what we do, there is much more we have to measure.

PR Metrics

There are three organizations that have created a list of things we should measure.

From #SMMStandards:

From the Institute for Public Relations:

With the exception of return-on-investment, each of these PR metrics are based on things that don’t matter to an organization’s growth when it comes to cold, hard cash.

Sure, they matter to reputation and to how people feel about your organization, but those have to be combined with the things that drive sales or new donations or new members.

The Barcelona Principles come closer to what we need to measure:

Still, there is more, and we have to do better.

Following are the metrics every integrated marketing communications program should employ, particularly in the PESO (paid, earned, shared, and owned media) model.

Paid Media

Traditionally paid media has been left to the advertising guys, but today communications professionals have a huge opportunity to get really good at it.

Should you start learning how to write jingles and shoot commercials? Absolutely not. Leave that to the professionals.

What you should consider is how to use paid media to drive leads and conversions.

Think about the following PR metrics:

Earned Media

Earned media got its name because you garner results from the relationships you earn—with influencers, journalists, and bloggers.

Historically, earned media has been the most credible because the stories, recommendations, and referrals come from third parties, though word-of-mouth from friends and friends of friends has quickly taken that leadership position (see shared media).

To measure the effectiveness of your earned media program, think about the following PR metrics:

Shared Media

There is almost nothing that drives me more crazy than PR campaigns that tout their increases in social media followers as “results.”

Yes, you have to track those things because sharp declines—or a trend of decreasing followers—will tell you something is wrong.

But an increase, week after week, do not results make.

The following PR metrics, however, do:

Owned Media

The beauty of owned media—or content that lives on something you own, such as your website or blog—is it completely integrates with the other three media types.

You cannot have owned media without paid media (increased reach), earned media (increased awareness), and shared media (increased distribution).

Alright, that may be a bit bold—you certainly can have owned media without those three things—but it won’t be as successful if you don’t use those assets.

Also think about these PR metrics:

PR Metrics Dashboard

This is a lot—I know it’s a lot. And if you’re not accustomed to measuring your efforts to an organization’s growth, it can be completely overwhelming.

Let me make it easier on you and tell you what to include in your PR metrics dashboard, particularly if you’re just starting out.

Below is an example of a PR metrics dashboard we use for a SaaS client.

Marketing Dashboard Sample

You can see we start with unique visitor to the blog. It’s specific to the blog versus the entire site because that is what we are responsible for.

Then it goes to top-of-the-funnel leads, how many people visit the free trial landing page, and the number of people who created a free trial.

We know that if someone creates a free trial—and gets 75% of the way through it—they’re highly qualified.

That’s what the cumulative free trial conversion rate tells us.

Then we show how many of the free trials converted to new customers—and what that percentage rate is.

Then we look at monthly recurring revenue (that’s the MRR line), which tells us how many people continue to buy, month-after-month. From there, we look at new business—or new customers—for the month and then churn, which is how many people stopped using (and paying for) the software.

At the end of each month, each quarter, and each year, we know exactly how effective our PESO Model program has been because it’s all right there, in black and white.

We Are an Investment, Not an Expense

What this all comes down to, of course, is whether or not we’re providing real proof that we are an investment, and not an expense.

Some of these things are considered traditional PR, while others fall into your new role as a PESO Model Certified professional. 

It’s time for us to extend the conversation about PR metrics to more than just media relations.

LEARN MORE ABOUT THE PESO MODEL CERTIFICATION