AVE to WMC – A wolf in sheep’s clothes?
January 29, 2010 at 5:06 pm 2 comments
The Institute for Public Relations has published a new research paper explaining a new media measurement concept called “Weighted Media Cost”. But is this anything new – or simply the dreaded Ad Value Equivalent (AVE) in disguise – a wolf in sheep’s clothes? PR measurement guru KD Paine certainly thinks so.
I think that any measurement based on media space generated by PR efforts is bound to be flawed and increasingly illrelevant. Why?
- Generating media space is rapidly loosing importance as a PR objective – particularly with the growth of other ways that people can obtain information. These measurements typically look at print media – which is a media with a declining readership base
- Measuring how much media space was generated takes the focus away from the more important objectives to measure – what did PR efforts actually change in terms of knowledge, attitudes and behaviors of target audiences. That’s harder to do, but it’s worth the effort…!
Entry filed under: Communication evaluation, Media analysis & monitoring, PR evaluation.
1.
KDPaine | January 29, 2010 at 7:56 pm
THANK YOU for this! Love the wolf’s image, too.
I’m SO frustrated that we’re still taking up time talking about this kind of stuff
2.
Glenn | February 7, 2010 at 8:16 pm
Thanks Katie, will be interested in the next developments…
Glenn