pr advertising value equivalent (ave) in the age of google
TRANSCRIPT
AVE ADVERTISING VALUE EQUIVALENTIN THE AGE OF GOOGLE
INFLUENCE HAS ALWAYS BEEN PR’S STRONGHOLD, BUT STORM CLOUDS GATHER
ON THE HORIZON.
in�uenceINFLUENCE
influence
in�uence
PR PR
DIGITAL AGENCIES APPROACH FROM THE WEST
ADVERTISING AGENCIES
APPROACH FROM THE EAST
THE FRONT LINE IS BLURRING
IT’S ALL PR RIGHT?
TRADITIONAL MEDIA HAS LOST
ITS STRANGLEHOLD.
New influencers spring up from all
sides, spreading our lines thin.
In�uencerIn�u
encer
In�u
encer
Poste
rSnapper
Snapper
BloggerBlogger
Sharer
In�uencer
InfluencerInfluencer
InfluencerPinner
INFLUENCERINFLUENCE
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INFL
UEN
CER
Pinner
Pinner
TWEETERTWEETER
Influence
r
Influencer
Vlogger
For decades we used the simple
metric of Advertising Value
Equivalent (AVE).
Finance people understood us
and we got our budgets signed
off.
Sign here
We delivered £1,000,000 in advertising value
THEN WE MET IN BARCELONA AND CONDEMNED AVE AS MISLEADING AND UNETHICAL.
4 YEARS LATER AND THERE IS STILL AN AVE SHAPED HOLE IN OUR DEFENCES, AND WE CAN’T HOLD OUR BUDGET LINES AGAINST THE ONCOMING ARMIES WITH THEIR LASER SIGHTED ROI.
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FEAR NOT PR SOLDIER, HELP IS AT HAND. gAVE
In�u
encer In
fluence
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“Was it first click or last click or third tweet and how do we weight the attribution of sale to each touch point in the purchase journey.”
Transcript: General Nonsense, 2012
INTELLIGENCE REPORT
DON’T BE INTIMIDATED BY THEIR TECHY DATA MODELS. THEY ARE FLAWED.
THEY’RE WINGING IT, THEY JUST DON’T PUBLICISE IT.
“Was it the rave review or Google search that led to a download, which triggered an email that led to purchase? Or was it the intuitive check out process or the best price or the right product. Or maybe some bloke down the pub said it was good?”
Transcript: Major Confusion, 2014
INTELLIGENCE REPORT
BIG DATA... BIG DEAL.
IT’S MORE USEFUL TO BUILD INFLUENCE THAN ANALYSE IT.
BOTTOM LINE IS IF WE CAN’T TALK TO FINANCE WE’RE SCREWED. WITHOUT BUDGET, THERE IS NO WORK
TIME
£
LET’S LOOK AT THE CASEAGAINST AVE.
AVE MEASURES QUANTITY, NOT QUALITY?
QUALITY IS SUBJECTIVE AND CAN NEVER BE THE
BASIS FOR AN INDUSTRY STANDARD.
AVETHE CASE
AVETHE CASE
ADVERTISING IS IN DECLINE. WHY LINK TO A SHRINKING INDEX?
TRADITIONAL ADVERTISING IS
SHRINKING, BUT NEW TYPES OF ADVERTISING
ARE GROWING.
ADVERTISING VALUE DIDN’T DIE...
IT MOVED.
LET’S DO PR WHERE ADVERTISING HAS VALUE.
Advertising revenue
GOOGLE ADVERTISING VALUE$60 BILLION*GOOGLE INVESTOR RELATIONS 2013PR INDUSTRY VALUE
$12.5 BILLION*HOLMES REPORT 2013
These are the adswww.advertising.com
How does Google advertising value work?
Ads
This is the editorial
Web Maps
About 81,000,000 results (0.43 seconds)
Images News Videos
www.editorial.comTo have to pay to get here.
Sound familiar?www.advertising.comTo have to pay to get here.
You have to be topical and influential to get here.
Trusted. 4 times more clickswww.editorial.comYou have to be topical and influential to get here.
GOOGLE ADVERTISING VALUE$60 BILLION*GOOGLE INVESTOR RELATIONS 2013
x 4 =GOOGLE ADVERTISING EQUIVALENT VALUE (gAVE)$240 BILLION
IT’S TIME TO STAKE OUR CLAIM
(gAVE) $240 BILLION
FIELD OPS BRIEFING
Google coverage is the purest measure of PR success and Google AVE (gAVE) is how we communicate that success financially.
gAVE = the advertising equivalent value of Google
editorial coverage.
gAVE = Cost per Click * Search Volume
Cost Per Click = The market price of a keyword Ad
Search Volume = The number keyword searches in a given month
CAMPAIGN PLANNING
Think of keywords that imply a need for your product and calculate their gAVE.
Your objective is page 1 in Google for keywords with high gAVE.
Put that in your planning process.
CAMPAIGN REPORTING
Find keywords where you achieved page 1 in Google and calculate their gAVE.
Add them up to get the monthly gAVE of your PR work.
Put that in your client report.
ACTION STATIONS
When you report on Google AVE (gAVE), your clients will be delighted.
When you plan for gAVE, you win the battle and PR wins the war.
Take no prisoners.
BOOM!www.gAVEcalculator.com
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R E SO LU T I O Nwe
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