Week 6 Lecture - Georgetown University MPPR - 750

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    Week 6 Lecture - Georgetown University MPPR - 750 - Presentation Transcript

    1. Measuring Trust and Mistrust in Public Relationships
    2. Our text
      • Katie Delahaye Paine - “for more than two decade, she has been helping companies measure their success and listen to their customers.”
    3. Comparing Media Relations to Other Disciplines
      • Pre and post survey for our class
        • How many people are or have been involved in a media relations role?
      • There is an increasing demand for results accountability
        • We’ll work on what the results actually are or mean
        • A tighter economy means more tightfisted ad spends
    4. What You Want at the End
    5. What NOT To Do
      • Advertising Value Equivalencies
        • Applying the dollar cost of an ad space purchase to the amount of earned media coverage achieved by public relations efforts
        • Problems:
          • public relations and advertising and two entirely different disciplines designed to do things different ways
          • There is no scientific evidence to demonstrate that a six-column inch ad has the same impact as a six-inch story in the same publication
            • Which has more?
          • If you apply the same metric across all articles, you neglect to account for the credibility of the placement or the reputation of the article
          • AVEs are based upon open rates and ad rates are often negotiated
    6. What NOT To Do
      • Advertising Value Equivalencies
        • On average 10 to 20 percent of earned media coverage is negative, yet most companies include this in their AVE coverage!
          • You would not run an ad saying “our company sucks”
    7. What TO Do
      • Cost per impression or cost per 1,000 eyeballs
        • This is the standard in online, print and broadcast
        • Remember that CPM measures just reach, not message penetration
      • It’s easy to compute:
      • AVE - Total circulation stats of all outlets / total costs and expenses
    8. The AVE Math is Pretty Simple
    9. Better: Cost Per Message Communicated
      • CPMC: based upon message impressions, rather than article impressions
      • This is a good metric because only about 20 percent of public relations placements contain a key message.
        • Think about that: of all of the earned media that organizations churn out, only one fifth of them contain key messages.
    10. Better: Cost Per Message Communicated
    11. Better: Cost Per Message Communicated
      • Formula:
      • total opportunities to see a message =
      • (number of key messages in article #1) x (circulation of article #1)
      • (number of key messages in article #2) x (circulation of article #2)
      • (number of key messages in article #3) x (circulation of article #3)
      • total PR costs / total opportunities to see a key message
    12. Measuring Trust and Mistrust
      • Enron vs.. FedEx
      • When trust helps an organization build relationships with key constituencies, it can save money through reduced costs of :
        • Litigation
        • Regulation
        • Legislations
        • Pressure (corporate) campaigns
        • Lost revenue from bad relationships
    13. What is Trust?
      • A component of the quality of relationships
        • Multilevel - interactions that span coworker, team, organizational and interorganizational alliances
        • Culturally-rooted - Norms, values and beliefs of the organization - is it in the organization’s DNA?
        • Communications-based - the outcome of communications behaviors, like providing accurate information, explanation for decisions demonstration sincere and appropriate openness
    14. What is Trust?
      • A component of the quality of relationships
      • Dynamic - it changes as it cycles through business phases of building destabilizations and dissolving - it’s important to measure over time
      • Multidimensional - multiple factors at the cognitive, emotional and behavioral levels, all of which affect an individual's perception of trust
    15. Reflexive Trust
      • If you consistently obfuscate, lie and spin, at some point your very statements begin to enhance you competitor’s -- or enemy’s -- credibility.
      • Examples?
    16. Measuring Trust - Grunig Relationship Survey
      • Agree/disagree statements (Likert scale)
        • I am happy with this organization.
        • Whenever this organization makes an important decision, I know it will be concerned about people like me.
        • This organization can be relied upon to keep its promises.
        • I believe that this organization takes the opinions of people like me into account when making decisions.
        • I feel very confident about this organization’s skills.
    17. Measurement Tools
      • In depth phone survey
        • Why is this #1?
      • Online surveys
        • Low cost and quick turnaround
        • What are the disadvantages?
      • Focus groups
    18. Setting Up Your Trust Measurement
      • Define your publics - who matters?
      • Set specific measurable goals and objectives
        • This is really hard
      • Select a measurement tool
        • Surveys
        • Focus groups
        • Before and after polls
      • Analyze the results
    19. More on Analyzing Results
      • Identify opposition to management goals or decisions before it becomes a crisis or develops into an issue.
      • Use your data to help management understand that certain decisions may have adverse consequences on public trust.
      • Set realistic expectations..your results might be invisible like avoiding lawsuits, strikes, protests
    20. Post-Lecture Survey
      • How many of you who have been involved in a communications role have used:
        • One of these tactics
        • Two to four of these tactics
        • Five or more?

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