| MEDIA CONTACT |
Katie Delahaye Paine
CEO
KDPaine
& Partners, LLC
177 Main St.
Berlin, NH
03570
603-682-0735
kdpaine@kdpaine.com
Skype:
KDPaine
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KDPaine
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Katie Paine |
NEWSROOM: Press Releases
NEWS ALERT
Contact: Katie Delahaye Paine
CEO KDPaine & Partners, LLC
177Main St.
Berlin, NH 03570
Phone: (603) 682-0735
Contact: kdpaine@kdpaine.com
Katie also answers some questions after the the press release...
KDPaine
& Partners announces MarketFramer, a new tool to help marketers
better
frame messages for their markets
BERLIN,
N.H. ( August 12, 2008)—New
Hampshire-based social media and PR measurement consultancy KDPaine & Partners
announced today an advanced
social media tool designed to help organizations quickly get a handle
on what
their marketplace is saying and thinking, enabling them to craft their
messages
accordingly. Based on KDPaine & Partners’ 22 years of media
analysis and research
experience, the new tool, MarketFramer,
takes fundamental principles of sociology, public relations measurement
and
survey research and applies them to social media, blogs and other
consumer
generated media, to order to produce a report that answers questions
like:
What
are the hot issues and battles being
discussed in the market?
How
are people responding to significant
developments in your market?
What
are the key phrase and search terms that
people are using to describe your business space?
What’s
the best way to position your organization or products in a new
marketplace?
What’s
the best way to respond to a developing
issue or crisis?
What
does the market think about your most
recent product release or announcement?
“Ever
since we
started measuring consumer generated media in 1995, people have been
asking us
if there’s a way to get answers to questions like this without doing a
large-scale survey research project,” explained Katie Delahaye Paine,
CEO of KDPaine &
Partners. “In part they have budget concerns, and also question the
results of
phone surveys when many consumers only have mobile phones. But, they’re
mostly
concerned about the time it takes and the complexity of the programs.
People don’t
have time to wait for survey results, they need answers right away,”
Paine
added. “At KDPaine & Partners, we know that conversations are
driving
choices in the marketplace. Because they’re based on what people have
experienced, we believe that those conversations are every bit as
accurate a
predictor as traditional survey research. We thought why not analyze
and aggregate
those conversations to answer the questions clients are asking?”
Paine
explained
that, from start to finish, MarketFramer is a simple 3-step process.
“Naturally,
it starts with a conversation about which markets are important, which
brands
are important, and who or what might be influencing the conversation,”
Paine
explains. “Armed with that information, we use a variety of social
media
analysis tools to search the on-line environment for conversations that
relate
to the client’s issues, market or questions. We then gather and analyze
that
data to determine trends and issues and deliver to the client a simple,
clear,
easy-to-understand report that answers the specific questions the
client is
asking. Additionally, our clients can access their data online
365/24/7.”
Pricing
for
MarketFramer starts at $10,000 per marketplace and typical turnaround
time is
typically about two weeks.
About KDPaine & Partners
KDPaine
& Partners
is a New Hampshire-based consultancy that provides plans, products and
services
that help Public Affairs and Marketing professionals measure their
success and
make better, more informed decisions for their organizations. For more
information about KDPaine & Partners, go to
http://www.kdpaine.com.
---------------------------------------------------------------------------------
MarketFramer
Background
MarketFramer was created because of
two major developments in research.
First
of all, one in seven households was cell-phone only in 2007 and the Pew
Center for the People and the Press estimates that as many as 37% of
people today are now cell-only users.
http://people-press.org/report/391/
What
this means is that accurate phone surveying has gotten very expensive –
up by a factor of 3X in the last three years. And, if you don’t include
cell-only households, you’re getting a biased sample. Additionally the
no-call lists have also made it significantly harder to reach people,
further adding to the cost.
Secondly,
technology has allowed people, (customers, stakeholders,
employees)
to talk to each other as well as to organizations directly, without any
filtering or media interference. Technology like Twitter, Facebook,
Typepad etc has made it incredibly easy for anyone with a computer to
tell the world what he/she thinks. And if they’re particularly
passionate they can communicate those feelings via photographs (Flickr)
and video (YouTube) As a result, your stakeholders are talking about
products, services, technology, issues all the time.
Today’s technology
allows us to ability to listen to these conversations and find out what
they REALLY think.
How does
MarketFramer work?
Market
Framer uses sophisticated text mining techniques to identify what
people are talking about and where those conversations are taking place.
But
technology has its drawbacks. A computer can’t tell the difference
between sarcasm and irony. Also, if you rely entirely on computers and
you want to know what’s going on in the “virtual storage” marketplace,
you’re going to pick up conversations like “ I spent virtually the
entire weekend
putting my clothes in storage” -- so you need
humans,
trained
to analyze the context as well as the words, to interpret the data
correctly so you can make decisions based on it. That’s what makes
MarketFramer unique. We combine technology with trained human research
analysts to make sure you get the most accurate data that is relevant
to what you’re trying to accomplish. So the client gives us a key
phrase or market that they want to study. We spend a week or so pulling
data about that topic into our analysis system and screening out the
irrelevant bits. We.
Traditionally,
the advantage of a phone survey is that you get a more visceral,
immediate and authentic response than a mail or email survey, because
you can hear the tone of voice. With social media, you’re getting an
equally authentic voice because you’re hearing what people are saying
to each other, their peers rather than an interviewer. The challenge is
that in order to analyze data, you need to be able to group it and
categorize it accurately. That’s where our expertise and methodology
comes in. You need to either ask closed-ended questions, or at least
categorize the open-ended questions, so MarketFramer does
just
that, using our 26 types of conversations http://kdpaine.blogs.com/kdpaines_pr_m/2008/05/how-many-differ.html
.
And,
because we’ve been analyzing conversations and content for 22 years we
also know how to define the tone and emotions that are being expressed.
Once
we’ve analyzed and categorized all the data, we then do statiscal
anlyses on it in order to draw conclusions and make
recommendations
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