The conversations about Social Media Measurement continue to grow

As you know, I’m carefully watching the Social Media Measurement space (see all these posts), as that’s the precursor to improve a program, and also how companies measure value, and then increase budgets. I’m a corporate web guy, and I know how important measurement is to these programs. As you probally aready know, Nielsen has shifted it’s measurement from Page Views to Attention (PDF). Here’s a few discussions that I’ve found interesting over the past few weeks, I was saving these up, analyzing them, and looking for patterns.

Eight Meaningful Measures of Social Media

1. “Number of unique users
2. Returning versus new readers
3. Referring source statistics
4. Links from other sites
5. Google PageRank
6. The ratio of blog comments to blog posts (where applicable)
7. Total time spent on the site
8. The popularity of the content itself, which gets the most views”

Good start, but it’s leaning on the traditional attributes we already know. There’s a few that are missing from this, such as “Tone”, “Speed or Velocity of spread”, “interaction”, and of course any qualitative info that can be gleamed.

Yulia is doing some great analysis by trying to make sense of the various KPIs that could be measured during a program, she compares how different experts have different measurement attributes. Me? I say it varies depending on the type of goals you have setup.

Jeff Jarvis thinks forward in trying to understand what’s next after the homepage? He delves in to RSS, Blogs, and RIAs, do companies even need a homepage? That’s why I say the irrelevant corporate website needs to evolve.

I found quite a few juicy podcast interviews from Buzz Marketing for Tech, dive into there and learn more.