Sixty-six percent of industry professionals cite the lack of a standard as the biggest problem with PR measurement. Yet there’s hope: The survey reveals an industry that is serious about grappling with the topic.
“Measurement is evolving so fast, people are just ravenous for concrete data,” says Mark Ragan, CEO of Ragan Communications. “Are we satisfied with our measurement tools? Is there any movement toward a common standard? How many staffers do you assign to measure and monitor all the noise out there?”
The survey reveals an industry that has a long way to go before consistent standards emerge, according to the white paper. Only 25 percent of PR pros are confident they understand return on investment, and most are unfamiliar with the Barcelona Principles, the industry’s first real attempt to standardize PR measurement.
The survey’s major findings on these and other areas:
— Standards. Two thirds of respondents cite the lack of a single, widely accepted standard as the biggest problem with PR measurement.
— Satisfaction. Some 30 percent aren’t satisfied.
— Advertising Value Equivalency. Thirty-two percent still use this disputed metric–sometimes reluctantly.
— Big Data. Most are unfamiliar with this emerging field.
— Roadblocks. Lack of manpower and time, along with uncertainty about
tools, remain hindrances for more than half of respondents.
To download whitepaper CLICK HERE.