ShareThis Advances Web Marketing with SQI

June 17th, 2013
 

We were thrilled to have award winning blogger, Sam Harrelson provide a guest blog post about SQI. Make sure you check out his blog and follow him on Twitter!

SamHShareThis Advances Web Marketing with SQI
by: Sam Harrelson

ShareThis has always been something of an enigma for me. I’ve discussed how companies like ShareThis really are the future discovery motors that will ultimately replace search engines. Google itself gets this and is doing great things with Google Now to prevent itself from being usurped as the prime player in the mobile ad ecosystem.

You might have noticed I’ve added the ShareThis functionality (and a couple of our client blogs) to this site as I’ve been making the most of their platform. It’s been an interesting test to add the type of sharing functionality that moves conversations from a blog to a social outlet the way a commenting system might have done a few years ago.

More specifically, ShareThis has just added a new backend dashboard for publishers that really makes use of their data and your site’s data in a unique way (with a tie-in to Google Analytics).

Particularly interesting is the concept of SQI that plays into the dashboard:

Social Quality Index, SQI, measures the social quality of a website against the ShareThis Publisher Network. By favoring social interaction over broad reach, SQI puts the publisher’s audience and content into the spotlight. The SQI score measures social quality on a scale of 1 to 200, with 200 representing the highest social quality. This proprietary formula evaluates social metrics such as: outbound shares, inbound clickback traffic and page views to calculate the audience engagement of your site. Social quality denotes a good match between the publisher’s audience and the content and it is directly correlated with the number of times users return to the same page and the level of interaction with other media on the page, like ads.

It’s more than a semantic difference in approaches to marketing that ShareThis is promoting with the SQI concept. Rather than focus on silos like pageviews or clicks that (in reality) measure nothing, SQI provides a metric that actually has meat on the bone. It’s not a scarecrow but a tangible measurement that advertisers and publishers should be demanding in their campaigns. In effect, SQI take us beyond links as the currency of the web and gives us good reason to do so.

I’ve been a long time advocate of the idea that HTML and the web should evolve beyond the concept of a link for traffic flow. The “social web” of the last few years has definitely made that reality more possible than ever. However, companies and advertisers (and agencies) have been slow to pick up on that trend and we’ve been focusing most of our efforts at making a linked-based web marketing approach fit into what is now a share-based network of people.

My own mistake in the past has been to think of ShareThis as mostly a way to drive traffic on Facebook based on recommendations from readers/users/consumers. However, the real beauty of ShareThis lies in the analytics suite and API that allow for some pretty interesting implementations of data analysis.

Tools like ShareThis are taking us beyond a realized version of the web that still operates on the foundation of links (as it does in the HTML I’m writing this post in or the RSS pipes that you probably used to find out about and/or read this post) and even search but puts a layer on top that advances the discovery of relevant information, products or services.

The function of discovery through shared social currency is the key benefit of betting on services such as ShareThis over traditional and limited marketing channels that rely on more costly and less targeted consumer acquisition methods.

We’ve seen our clients marvel at the real benefits of discovery marketing compared to their previous methods of siloed channels because the reach, scope and golden fleece of “social media marketing” success becomes readily apparent when you analyze the data points between these methods.

That is the transformation that is so hard to grasp for many companies. Going from a model based on having results that come from money poured into a model based on time and cultivation is difficult. ShareThis and the whole economy of “sharing” changes the conversation from intention to attention.

Traffic flows on the web and that flow is very powerful if you properly set the channels for that flow to occur rather than trying to build irrigation channels for the flow to take right angles.

ShareThis functions very much as a link, or vehicle, to get web users/interested buyers from one place to another in much the same way Google has been our chauffeur for years. Those places include the traditional Facebook and Twitter malls but increasingly Google+ (and Google Now) is making an interesting stab at becoming what the search engine could not (which is why Google is throwing the mass of its own juggernaut behind the project).

SQI could evolve into something very important for this next iteration of marketing on the web. We’ll certainly be pushing our clients towards that realization. Conversation at scale is the real ingenuity here and something to keep an eye on.

 

Read more.
 
 

May is for Moms

June 14th, 2013
 

 

ShareThis CPG

 

Thanks in large part to Mothers Day and sharing related to Mom’s spiked significantly. Sharing trends surrounded gifts such as fashion & jewelry, sweets, flowers and of course the greeting card!

 Facebook was the most popular channel for sharing about gift ideas, followed by Pinterest and Twitter. Sharing topics included specific kinds of jewelry and brands, recipes and floral shops.

Playing to Moms’ desire — the most shared sites were Kay for jewelry, the Food Network – specifically chocolate covered strawberries, 800Florals and Greetings Island for cards.

The biggest states for sharing were New York where fashion & jewelry topics dominated; Virginia loved flowers, Louisiana where greeting cards for mom garnered the top attention and South Dakota desired sweets.

We hope everyone had a lovely Mothers day.  Dad’s get their due this weekend — Happy Father’s Day!

Read more.
 
 

Top Shares 6-14-2013

June 14th, 2013
 

 

 

ShareThis Justin BieberThe Post Game
What It’s Like to Sit Next to Justin Bieber
17-year-old Haleigh Youtie went to the Heat game knowing she had great courtside seats. She didn’t realize that she would be sitting next to one of the biggest pop stars in the world. Within minutes Haleigh had thousands of social media followers and 12-year-old girls were threatening to beat her up for sitting next to their favorite singer.

 

Costner-yt-300x221

Christian News
Valedictorian Rips Up Approved Speech on Stage, Recites Lord’s Prayer at Graduation
One brave young man that recently graduated from a South Carolina high school gave a speech, none are soon to forget. In a county that banned prayers at graduation ceremonies, Roy Costner IV ripped his school board approved speech in half and recited the Lord’s prayer.

 

Screen Shot 2013-06-14 at 10.10.52 AM

CNN Money
Bernanke’s 10 hilarious tips for Princeton grads
The Federal Reserve chairman delivered a funny and heartwarming commencement speech to new Princeton graduates last week giving 10 suggestions for life.  A few surprising tips from a man about money, “money isn’t everything”, “don’t be afraid to let the drama pay out” and “call your parents”.

 

Screen Shot 2013-06-14 at 10.11.00 AM

The Post Game
Hibbert’s Fast Chug Prompts Internet Contest
Roy Hibbert of the Indiana Pacers dominated a 20 ounce bottle of Gatorade during the Miami Heat game last week, downing it in 6 seconds flat. It quickly promoted a contest online for people to see how fast they could drink a few bottles.

 

main13321

Match
Five relationship-ending red flags
There are always signs that a relationship is going downhill, but here are a few that Match said are so important they’re worth ending a relationship over.

Read more.
 
 

Automatic Updates today on your ShareThis widget

June 11th, 2013
 

Today is the day! As a reminder, you may be one of the publishers who will automatically get the free ShareThis widget update with the CopyNShare feature.

If you didn’t see our email, blog, Tweet, Facebook posts, LinkedIn posts, etc… Here’s another refresher…. 

If you really don’t want this awesome feature, click here to learn how to configure and disable your settings.

Read more.
 
 

Fear Not the Machines Part 2

June 10th, 2013
 

Earlier this year, Paul Lentz, SVP of the ShareThis Publisher Platform, penned a piece arguing that social data provides publishers an opportunity to raise their CPMs — making programmatic systems work in their favor. Publishers are naturally concerned about the rise of programmatic buying and its impact on their CPMs. But programmatic buying is inevitable. Today, WPP announced that it is extending its automated ad-buying system to Latin America.

WPP’s move into Latin America got us thinking — what can the US advertisers and publishers learn from Latin America? Social is in. Advertisers are seeking more socially engaged audiences and social is eclipsing search as the most engaging online activity. Latin American users sparked by the saturation of internet-enabled mobile devices are the most socially engaged by region.

ShareThis_InfographicAs this trend grows in Latin America, the U.S. is soon to follow. As the Journal article stated today, RTB is expected to increase about 63% in the U.S. this year. Publishers take heart, after all it’s a participatory system, and now is the time to get out in front. The first step is to advocate for a desired buying metric that can be integrated into RTB platforms.

A trusted metric lets pubs make the most of their social audiences by giving the industry a measure of what content real people like the most. They will be better positioned to lobby advertisers for more means of differentiation — values that can be trafficked along with standard values like site demographics. A socially driven metric will serve as a crafty tool for publishers, no matter the size, to distinguish themselves as a leader in shareable content and attractor of high referral traffic which will help raise CPMs. In April, ShareThis and SMG announced the integration of our Social Quality Index (SQI) into comScore’s Media Metrix interface.

Read more.