Tag: Data Analysis

My Thinking On Various Topics

The Dread of Collecting Data

The thing I dread the third most is collecting data. Usually by manually logging it in some spreadsheet. It isn’t uncommon for me to log things in three to five different systems on a given day. The period when I’m experimenting on myself and have to track things is always such a chore and I am so relieved when an experiment ends. The thing I dread the second most is having to analyze the data. I usually get into flow once I start, but these days, with windows of time to focus being limited, a file of raw data brings more dread than joy. The thing I dread the most, however, is not having data when I make important decisions. Without data, not only will you be inaccurate more often, but you will not know how inaccurate you are. Data helps us be more accurate and also helps keep our gut in check

My Thinking On Various Topics

Anatomy of a Facebook Business Page

Reposed from the Hearsay Social blog – See the original post here One of the things I love about working at Hearsay Social is the freedom to explore new tools and methods of analysis. I recently spent some time digging into the open source data visualization program Gephi and decided to share some of the insights I came across. Many marketers still measure the value of their social media pages by a count: either a count of fans or a count of engagements (likes, comments, etc.). Unfortunately, the insights provided by these measurements are nominal. If you want to know the true value of your fans or how your social media communities are contributing to real ROI and sales results, then these basic counts should be a start, not an end. We have already learned that not all fans should be valued equally and that local fans can be worth as much as

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Local Facebook fans beat corporate fans 40 to 1

We’ve been doing a lot of research at Hearsay Social about the value of local fans on social media. As part of this – we sponsored a study by Mainstay Salire who found that a local fan is worth 40 x a corporate fans in terms of engagement. Reposted from the Hearsay Social Blog – see the original post here Earlier today, independent research group Mainstay Salire released a white paper comparing the fans of corporate and local Facebook pages. According to Mainstay’s data, the typical Facebook post from a local Page reaches five times the percentage of fans as a corporate post, and eight times as many of the fans reached will engage with that post. (Engagement could mean anything from viewing a photo or watching a video to clicking a link, liking, commenting, or sharing.) Combining those two factors—five times reach and eight times engagement—Mainstay concludes that a local fan is 40