DISQUS

Ignite Social Media: Quantifying the Impact of Social Media: Where the Edelman White Paper Got it Right, Got it Wrong and What We Should Do Next

  • Jeremiah Owyang · 1 year ago
    Interesting, let me digest this, and think it over.
  • Peter Kim · 1 year ago
    I think that opening up the discussion since the roundtable and paper has been great - lots of valuable reactions. Perhaps a wiki is in order to help drive the discussion forward...?
  • Marcel LeBrun · 1 year ago
    Hey Jim,

    You make excellent points. I think your point about context and topic is very central to this whole discussion. This is exactly how we approach influence at Radian6. Influence is context specific and topic specific, as you say. That is why our measurement of influence needs to be context-based (by topic) and not only personality-based. Now, there is a factor (let’s call it popularity instead of influence), where “by their nature” someone has a greater potential to become an on-topic influencer, but this potential does not make them an influencer (yet) until they become active in that topic and they begin to generate the conversational dynamics that demonstrate their influence (i.e. posts/memes, comments, unique commenter, on-topic links, engagement, etc.).

    In terms of your proposed ideas, I would love to see this “white pages” directory materialize. There are several attempts underway (Spock, lifestreams/Tumblr, etc.), but none of them have tipped yet. In our monitoring tool, we already analyze contribution levels from multiple sources and measure topic/context-based influence down to a user level but each of your online personas would be identified and ranked independently. If we had such a directory, we could unify them in a snap. We are thinking through various ways extract these persona linkages, but a directory would be great, even if it was just a simple lookup.

    Marcel LeBrun
    CEO, Radian6
  • Jim Tobin · 1 year ago
    @Jeremiah: Thanks. Would love to hear your thoughts.

    @Peter Kim: That's a good idea. I've stumbled across various thoughts on the white paper that are all across the board. Anything from a del.icio.us page of links on it to a wiki could be cool. We could do it, of course, but maybe better coming from the roundtable. Don't want to steal/monopolize the conversation you started.

    @Marcel: Glad you liked it. What you're doing in the space seemed to fit very naturally and your technology seems like it would adjust nicely to it. I was poking around Naymz last night, and it could be it, but they've got it walled off to even see a full profile, so I doubt you could get all that data..
  • Geoff Livingston · 1 year ago
    Yeah, I'm not sure dismissing personality based influence is a good idea. The reality is I think there's little difference between Seth Godin's Meatball Sundae and a host of other social media books already written. But because Seth wrote i, everyone in the business world is ga ga. The tipping point for business social media has arrived.

    Ideas have power. But when the idea is matched with a proven personality, power becomes dynamite.

    Similarly, when an influential person propagates bad ideas regularly they lose influence. Rubel is a great example of that.

    Also, I thought Edelman's perception study was not that great. Businesses are not gaining more respect in my opinion, nor in DC pollster's opinions. Edelman needs to try harder.
  • Rick Murray · 1 year ago
    Jim,

    Thanks for the thoughtful post.

    As Jonny wrote, our (the round table's) intent was always to open this dialogue up to the community. We're well aware that we don't have all the answers; we're not even sure there is "one." What we all agreed on was this: the current tools and approaches to measuring the impact of social media are incredibly flawed.

    We all think a wiki would be a great way to capture the dialogue and move this effort ahead. I presume you'd be moe than willing to contribute your thinking. We'll build it / launch it next month (as in February). With any luck, we can generate the kind of momentum Chris Brogan got with TwitterPacks earlier this week. .

    Finally, irony noted. I read plenty, but have have been doing all my talking on facebook and twitter. Feel free to follow teitter.com/rickmurray. And FWIW, a new blog is being launched within the week.

    Cheers,

    Rick
    At any rate, hoose to believe it or not, we actually hoped for this kind of dialogue.
  • Jim Tobin · 1 year ago
    @Geoff: I agree that personality is important and that alpha's can be powerful and I also agree that influence waxes and wanes depending on the validity of what you contribute. I'm trying to measure that by this metric.

    At the same time, I also think that certain industries (particularly tech) will have their alpha bloggers and the rest of the world that are just using the tools to talk may be having thousands of conversations without an alpha leaders. But those micro-influencers are certainly out there, and if we can find them we can help our clients immensely.
  • Jim Tobin · 1 year ago
    @Rick, thanks for the reply. I completely believe you were trying to stir debate, which is great. I look forward to seeing the wiki...

    ~Jim
  • kinlane · 1 year ago
    Hey Jim...great post!

    Been thinking about this topic for a few weeks now after reading several of those white papers you mentioned.

    Also been trying to define the success of several social media campaigns.

    I also would like to understand and evolve my own social media index.

    I have a great opportunity to start fresh with a new social media persona, I am starting a new job next week. It will be in the outdoor gear and clothing industry and I'll be starting fresh with some new social media campaigns.

    So I have started tracking my regular social media and tech activity under one account. And I will start tracking fresh my activities in this new role as well next week.

    I am using Google Notebook and Google Docs to track all of my activities in hopes of sharing and publishing the data for analysis. I hope to define some benchmarks for success, rating, and analyzing reach of my social media index.

    I invite anyone to collaborate and can have access via API to my META Data and Daily content feeds for analysis and feedback.

    I also invite anyone track and share their own data.

    Your number 1 got me going Jim: To move the social media index forward, we'll need a system that serves as the white pages of social media with RSS.
  • Jim Tobin · 1 year ago
    @Kin Good luck with the new gig. The social media index looked interesting, but I couldn't imagine trying to replicate it over the long tail of thousands of conversations. It seems like it was manually constructed, so to be useful, how can we automate that? Let me know what happens with your project.

    ~Jim
  • JasonFalls · 1 year ago
    It struck me as I was reading, and forgive me if I've misinterpreted, but your white pages idea is a striking one, but omits the important part of the equation. Social media influencers, or those influential in the space of social media, have little to do with the greater world around us. (i.e. Steve Rubel has little influence on the women's shoe market.) We are just talking to ourselves wondering how the rest of the online world is behaving. Sure, you could catalog influencers in other areas, but how? They don't care to be studied and quantified by us social media trade geeks. They just want to gnosh about who they saw a Spago (okay, lame 90s reference ... my bad). Sure, studying the social media trade influencers might give you a sample of the rest of the world, but there's a big, big Internet out there we are only a small portion of. Knowing how much influence Owyang, Rubel and Scoble have matters not to knowing how influence is spread.

    Find the people who are passionate about the topic in question. Give them the tools to spread the news. Viral will happen. Stop looking for the big dogs ... they don't run fast. Gather up a herd of chihuahuas and more people will hear the bark.
  • Kami Watson Huyse · 1 year ago
    Jim; Very nice thinking here. I was an early commenter on the whitepaper.

    I like your thoughts about hubs of influence. Over time, it has been my experience that people rise up as an influencer and then ebb and flow as time goes on. Let me explain, where someone may have once been the go-to person on a particular topic in a small community, say useful tips, for example, they may then become a more credible voice on some other aspect, or they may fade from the scene entirely. It changes.

    One caveat, if they are one of the top influencers in their niche, their opinion or referral might still carry more weight than others on topics outside their expertise.

    Check out what Plaxo announced today, they are trying to build this aggregate network.
  • Jim Tobin · 1 year ago
    @Jason: You're right in that only the hard core geeks would (at first) list themselves in this "white pages". There would have to be something in it for the masses to do it. Like making it easier for your friends to find you, or maybe it's one piece of that social media portability site that everyone keeps dreaming of. I don't have it worked out yet, but there has to be a good exchange in order for this to tip... I just don't know exactly what it is yet... But if we can get it to tip, then we can find those 1,000 small dogs much more easily. ~Jim
  • Jim Tobin · 1 year ago
    @Kami: YES! This Plaxo move might just be it... They might be building the social media white pages here, and the "hook" that Jason felt was missing might be their auto-update address book feature.

    To see what Kami is referring to, check out: http://blog.plaxo.com/archives/2008/02/introduc...
  • Jonny Bentwood · 1 year ago
    Hi Jim

    Thank you for linking to the paper. As Rick stated above and as we mentioned in the paper, we never intended to present a fait accompli but rather an aim to try and act as a catalyst for dialogue. I think what you have written is great and has raised a few thoughts in my mind as to how things could progress moving forward.

    I think we are a long way of from having a definitive answer but with so many people actively engaged in understanding this, I am sure that we are closer to achieving some consensus. I like the idea of a wiki and look forward to the discussions moving forward.
  • David Brain · 1 year ago
    Very thoughtful. I will need to chew this over some more, but I think you have moved it on again.
  • Sofia · 1 year ago
    The issue of 'who' is the influencer has bugged me for some time. Nodes in any network are not of equal value - that is self-evident but here is another complication for you: Is the 'expert' really the one who knows best or is the 'expert' the one who knows better than the user?

    In other words: A user is looking online for experts on photoshop. Who does he trust? Or (an even better question) with whom does he/she feel comfortable enought to ask the question? The photoshop super 'expert' (years of experience blah blah blah) or a friend that dabbles in photoshop?

    Leads me to think that it's not just about the nodes themselves but that the quality of the connection changes according to the subject and the way the nodes view each other.