Showing posts with label Klout score. Show all posts
Showing posts with label Klout score. Show all posts

Tuesday, July 5, 2011

Klout and Social Media Measurement

A little over six months ago, I talked about the so-called 'social media bubble' and my lack of faith in Klout. My argument came out of hearing people proclaim Klout as the only authority on social media engagement and influence. Upon further reflection, I was too heavy-handed with my thoughts on Klout.

Don't get me wrong, I still believe Klout is not the be-all, end-all of social media influence. Instead, Klout is just another tool (in addition to others) for social media measurement.

Why did I change my mind? Some of the recent additions and major adopters of Klout have started making it more than a passing fad.
  • Klout now has crowdsourcing elements instead of just hidden algorithms determining score and influence. The +K tool now allows users to identify those who are influential on certain topics and assign points. So if I think someone is influential on social media measurement, I can +K him/her. The +K I gave is now calculated into his/her Klout score. Update: Upon further research, +K does NOT calculate into your Klout score, but it allows users who view your profile to determine what other people think you are influential in. This is just another reason to look at Klout as a part, but not the whole picture in terms of social media measurement. I still feel +K does have value.
  • Klout now allows your LinkedIn account to be another variable to generate your score. In the B2B world, LinkedIn dominates. This lets Klout expand beyond the B2C sphere ruled by Twitter and Facebook.
The list of influential topics does need tweaking. For example, Klout says I'm influential on dogs. This is all because I tweeted a picture of a dog my family found and I reached out to media outlets to help me find the owner. Does this mean I'm influential about dogs? Of course not.

Twitter chats are another issue. Klout says I'm influential about #u30pro just because I participate in the chats every week. If you don't actively managing your Klout profile (Klout allows to delete items you feel you aren't influential about), your influential topics list could be completely out of sync.

I mentioned major Klout adoption, but what do I mean by that? Well, certain companies are taking Klout very seriously and are inviting influential users to receive perks:
Klout's widespread adoption is making it a major social media measurement tool. But it is not the only tool. Here are some others:
  • Speaking of Google Analytics, you can add tracking codes to links posted on social media and measure how well they perform.
  • Heck, you can still measure mentions, likes or comments on a post (NOT FOLLOWERS OR PAGE LIKES!) by hand!
Social media measurement is still very new and not all of these tools are going to be appropriate for what you want to measure. If you want to measure influence, Klout is a good tool. If you want to track social media conversions, you'll use Google Analytics. If you want to measure your company's thought leadership on social media, a mixture of Klout to track influence and Google Analytics to see how well your links perform are your tools.

Each tool has its own use, it's up to you decide what you really want to track and measure (and, ultimately, what defines social media success).

Friday, December 17, 2010

The social media bubble: Does it exist and will it burst?

I never thought I'd be interested in hearing about social media from General Motors.

GM's Christopher Barger sat down with ZDNet's Jennifer Leggio and talked about how he handles social media and his thoughts on the future. The interview is a great read, but Barger's comment about a social media bubble really piqued my interest.

Barger says the social media bubble is going to burst just like the dot com bubble a decade ago.

But do we even have a bubble? Is it going to burst?

I completely agree with Barger when he talks about social media "gurus." Most of their advice is absolutely worthless. They define engagement as constant linking and retweeting without any engagement of their followers. These people also believe having thousands of Twitter followers or Facebook fans is the path to success.

These egomaniacs have absolutely no idea what they are talking about. They take advantage of businesses and people to make themselves look good. Those awful books about how to increase your presence on Twitter? These people write them. The 'RT me and get 500 followers' scams? Yep, these gurus are the culprits.

Barger argues the "gurus" will cause the social media bubble to burst.

I don't buy it.

The number of followers, likes and the ridiculous Klout score mean absolutely nothing. Having one million followers means absolutely nothing if there is no interaction and engagement (unless you're already a celebrity in person). But five hundred followers who regularly interact and engage are of great value.

The "gurus" will fall apart when people see through their charade. Sure, some people will fall into their trap and end up not utilizing social media properly. But this happens in business and real life regularly. There are people who think they will get rich fast by selling knives for Vector. I don't think these people are so much creating a bubble as they are taking advantage of unknowledgable social media newbies.

And how awful is the Klout score? If you think the Klout score matters, I'm here to tell you to stop drinking the Kool-Aid. Boiling down social media relationships and engagement into a score makes no sense. You can't put a number on relationships. It's like giving a girlfriend/boyfriend/wife/husband a score based on dates, intimacy and overall relationship.

"Susan, honey, the relationship score-o-meter says we are only at a 42. We need to boost our sex life, have one more kid and travel to Australia in order to increase our score."

Klout is just ridicuous.

There is no bubble. Even if there was, Barger's only argument for the burst is the proliferation of "gurus." This is hardly enough to make the bubble burst.

However...

There are social media specialists who are actually the real deal, though. These are people who encourage discussion and engagement within the community. They realize social media ROI can't be assigned a simple numeric value, but rather is an analyzation of relationships and discussion monitoring. These specialists provide compelling content and spark discussion with thoughtful ideas.

We shouldn't discount all social media specialists because they are outnumbered by "gurus." There are many specialists who can help people and companies do great things with social media. Just stay clear of those who say you will be a social media opion leader in a week. And the ones peddling a book.