Posted by LeeAnn Prescott on 02/08/2010 at 09:01 AM | Permalink | Comments (0) | TrackBack (0)
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Posted by LeeAnn Prescott on 01/22/2010 at 12:54 PM in Data Analysis, VentureBeat | Permalink | Comments (0) | TrackBack (0)
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Today's VentureBeat post - Experian Hitwise data showed the volume of searches for "nexus one" was more than double "iphone" last week, but daily Google Trends data showed a fast decline for after launch day. What do you think it means for Google?
Posted by LeeAnn Prescott on 01/11/2010 at 02:35 PM in Data Analysis, VentureBeat | Permalink | Comments (0) | TrackBack (0)
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Posted by LeeAnn Prescott on 01/07/2010 at 02:41 PM in Data Analysis, VentureBeat | Permalink | Comments (0) | TrackBack (0)
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I covered the release of ComScore 2009 holiday shopping data, which showed a 4% increase in holiday spending over 2008. I found it interesting that the heaviest spending day was December 15, and that spending on jewelry and watches was up 20% over last year.
For the article, I converted ComScore's table of data into a bar chart. Do you think it helps make sense of the data?
Posted by LeeAnn Prescott on 01/06/2010 at 03:54 PM in Data Analysis, VentureBeat | Permalink | Comments (0) | TrackBack (0)
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I'm posting on a regular basis now to VentureBeat, and will repost on this blog.
It seems to me that iPhone owners and Android owners are cut from the same cloth - they want the full mobile web experience - while Blackberry, Windows and Palm users mainly want email and some basic web features like news and social networking. The Comscore report "Android: Crashing the Smartphone Party" goes into this more deeply.
Posted by LeeAnn Prescott on 01/05/2010 at 02:43 PM in Data Analysis, VentureBeat | Permalink | Comments (0) | TrackBack (0)
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Here's my latest post on VentureBeat:
Google is beginning to roll out real-time search results, which will include Twitter updates, along with updates from Friendfeed, blogs, and other social media sites. This could mean Twitter’s floundering traffic over the past few months is in for a rebound. Why?
Posted by LeeAnn Prescott on 12/08/2009 at 02:12 PM in Data Analysis | Permalink | Comments (0) | TrackBack (0)
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On November 30, AOL announced its new content generation strategy, "betting it can reinvent itself with a numbers-driven approach to
developing content, based on what Web-search and other data tell it is
most likely to attract audiences and sponsors," according to Emily Steel in the Wall Street Journal. This strategy has been successful for Demand Media, a company that pays freelance writers and video producers to produce content on topics determined by its algorithms and partner relationships.
As a data researcher formerly responsible for publishing content on corporate blogs and websites, I've always known that data can be a rich source of content ideas. At Hitwise, I looked for blog post ideas by combing through search term lists and site rankings. At Efficient Frontier, I examined incoming search terms to see what keyword combinations were driving people to the site and blog, and expanded on relevant topics in future content. It's no surprise then, that Tim Armstrong, who came from the data-driven Google, is behind AOL's new effort. According to WSJ, the new system
...uses a series of algorithms to predict the types of stories, videos and photos that will be most popular with consumers and marketers.
The predictions, it says, are based on a wide swath of data AOL collects, from the Web searches people make on its site to the sites visited by subscribers to its Internet services.
The system is designed to track breaking news and trends and identify the best times to write about seasonal events, such as Halloween or Monday Night Football.
Based on these recommendations, the company's editorial staff, which totals about 500, will assign articles to a network of free-lancers across the country via a new Web site called Seed.com.
While this can hardly be called journalism, Demand Media's success proves that search-friendly content based on popular topics and written by freelancers generates ad revenue. The new AOL needs a solid strategy for revenue generation, and is betting this will work.
I believe there are three key lessons here for marketers, particularly B2B marketers who depend on content to encourage their prospects to buy an expensive product or service.
While I don't believe data-driven content generation is the saving grace of web content - it lacks qualitative insight that can make a good strategy truly brilliant - data can and should be used to inform content strategy and editorial decisions. If you're armed with deep audience knowledge, prepared for unexpected disruptions in your editorial calendar, and have a rolodex of competent internal or external content creators, you create a rich web site that will engage users and gently encourage them to buy your product or service.
Posted by LeeAnn Prescott on 12/01/2009 at 09:04 PM in Data Analysis, Marketing Writing | Permalink | Comments (0) | TrackBack (0)
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I've started writing for VentureBeat. Here's an excerpt from my first post. Read the full post here.
October numbers are in, and Comscore, Compete, Google, and Quantcast all agree: US traffic to Twitter.com reached a peak in July or August and has begun to decline slowly.
According to Comscore, October 2009 traffic was down 8% from from September 2009, while Compete shows a more modest decline of 2.1%. Still, on a year-over year basis, US Twitter visitor counts are up 1,271% according to Comscore, and 578% according to Compete.
Twitter’s phenomenal growth over the past year can be attributed to factors like media coverage of celebrities on Twitter, Twitter founder Ev Williams’ appearance on Oprah, and Oprah’s joining the service. But its stalled growth and slight decline since September could indicate that interest in the service is limited and has reached its peak.
Nielsen reported in April that 60% of new Twitter users drop off after a month. In response to the objection that many Twitter users access the service solely via third-party applications or mobile phones, Nielsen found that Twitter drop-off rates were the same for applications. “There simply aren’t enough new users to make up for defecting ones after a certain point,” wrote David Martin, VP of Primary Research at Nielsen Online. Even though Twitter got a huge influx of new users over the summer, as the charts show, it seems most of these users didn’t stick around through the fall. Is it possible that Twitter doesn’t have the mainstream appeal to “make Twitter essential to everyone’s lives,” as Ev Williams stated in a recent BBC interview?
Of course, traffic to Twitter is not the only indication of its health, as Twitter users so adamantly informed Nielsen last spring. Let’s look at two more factors: search and traffic to third-party Twitter sites.
Posted by LeeAnn Prescott on 11/23/2009 at 01:53 PM in Data Analysis | Permalink | Comments (0) | TrackBack (0)
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Today Razorfish released its 2009 FEED report, its annual study on technology and brands. While I believe the motivation behind the report to be worthwhile, I was shocked to find charts that violated the basic principles of graphical integrity.
"Graphical Integrity" is the title of the second chapter Edward Tufte's book The Visual Display of Quantitative Information, a must-read for anyone in the data business. He writes, "For many people the first word that comes to mind when they think about statistical charts is 'lie.'" The continued skewing of data, whether its a "1 out 5" headline, or the charts that I found in this report, do not help increase confidence in statistical charts. The practice of skewing data is particularly rampant among Twitter fans and those wishing to promote their careers or services in social media. My years in advertising led me to a keen sense of data misuse - I was more often called upon to find data that supports the creative strategy, rather than do research that led to a target-right creative strategy.
In the spirit of Tufte's statement "Deception must always be confronted and demolished," I present these two "charts" from the Razorfish FEED study:
If, as Tufte states, "Graphical excellence begins with telling the truth about data," do these charts tell the truth?
No.
Why do 25.5% and 40.01% get bigger circles than 74.5% and 59.9%? The circle for 74.5% should be 3X as large as the 25.5% circle, not the other way around. Is the 25.5% of the respondents who have followed a brand on Twitter 3X more important than those who don't? For an ad agency trying to promote its social media services, perhaps. But the charts egregiously mislead the rest of who want the truth, particularly the truth about where to invest our marketing dollars.
It confounds me how those charts got made and approved, when there are accurately proportioned pie charts in the "Data" section. These "Yes" and "No" circle charts abound in the report, but the circle sizes are the same whether its a 97/3 or 65/35 split. Did the Republicans present the presidential election results in a chart that showed a big circle for McCain's 45% of the popular vote and a small circle for 55% of Obama's popular vote to make themselves feel better that the electoral votes were 365 to 173? How would we feel if this was done with frequency on the news? Even Fox News couldn't get away with that. So why can Razorfish?
I won't go further about how the report takes its statistically unrepresentative sample of "connected consumers" 18-55 who live in major cities and spent more than $150 online in the last 6 months as representative of ...what? One of the interesting findings for me was that 44% of this "connected" sample did not own a smartphone, while 16.5% owned a Blackberry and 11.6% owned iPhone. (29.5% and 20.07% respectively of the 56.3% that owned a smartphone, according to the data section). It puts investing in an iPhone app in a different light if you're a brand marketer.
Data is a tricky business, since it can be so easily skewed. Because of reports like this one, you should look closely at the numbers in charts, not the shapes or sizes, as well as voraciously read methodology sections. And the next time your graphics team comes back with a chart, ask them what software they used to make it if it didn't look anything like the one you made in Excel.
Posted by LeeAnn Prescott on 11/09/2009 at 07:03 PM in Data Analysis | Permalink | Comments (2) | TrackBack (0)
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