About
Articles by Ed
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Why today's New York Times says, “Brands Heed Social Media. They’re Advised Not to Forget Word of Mouth”
Why today's New York Times says, “Brands Heed Social Media. They’re Advised Not to Forget Word of Mouth”
By Ed Keller
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Proof that Consumer Conversations Matter: They Predict Sales
Proof that Consumer Conversations Matter: They Predict Sales
By Ed Keller
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Predictive Analytics Come to Word of Mouth & Social Media
Predictive Analytics Come to Word of Mouth & Social Media
By Ed Keller
Activity
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How do we continually deliver the best #insights the industry has to offer? A straightforward and proven approach to capturing highest-quality B2C…
How do we continually deliver the best #insights the industry has to offer? A straightforward and proven approach to capturing highest-quality B2C…
Liked by Ed Keller
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https://lnkd.in/eG5uzKrj #insights #marketresearch #board #MRII #Analytics
https://lnkd.in/eG5uzKrj #insights #marketresearch #board #MRII #Analytics
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Experience & Education
Publications
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Six Insights to Help Ensure Creators Can Boost Advertising Effectiveness
MediaVillage
Insights to help marketers create more effective connections with Creators to grow their business
Other authorsSee publication -
Consumer Influencers Are In Love With Brand Experiences … And They Are Telling Their Friends.
MediaVillage
On a range of important dimensions, consumers are far more excited by brand experiences than traditional advertising. They consider brand experiences to be more likeable, unique and exciting. This is not a niche audience we are talking about: 80% of Americans have engaged (18%) or are interested in engaging (62%) with brand experiences, and this interest is high across all age cohorts.
But wait ... there's more!
I have now dug deeper into the data and discovered that the group…On a range of important dimensions, consumers are far more excited by brand experiences than traditional advertising. They consider brand experiences to be more likeable, unique and exciting. This is not a niche audience we are talking about: 80% of Americans have engaged (18%) or are interested in engaging (62%) with brand experiences, and this interest is high across all age cohorts.
But wait ... there's more!
I have now dug deeper into the data and discovered that the group that is the most engaged with brand experiences is the segment that many marketers most covet -– consumer influentials (or what Reach3 and I have dubbed InfluenXials). These are not the paid influencers with huge followings on YouTube or Instagram, but everyday influencers -- the ones who organically share recommendations with friends and family. They do so sometimes online and other times offline, but either way their recommendations are highly valued. -
Don’t Just Tell Consumers About Your Brand -- Have Them Experience It
MediaVillage
"Are you experienced?" asked rock legend Jimi Hendrix. Today the question for marketers is, are brand experiences part of your marketing mix? If not, they should be! According to new research, consumers are far more excited by brand experiences on a range of important dimensions than traditional advertising.
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Share of Search: The New "One Number You Need to Know" for Media and Ad Effectiveness
MediaVillage
It’s time to pass the mantel of "the one number you need to know to grow" from the Net Promoter Score (NPS) to a new metric – Share of Search (SOS).
Share of Search is proven to be highly correlated with and predictive of market share. And whereas the NPS touted the benefits of a single survey question, Share of Search is even simpler – no surveys are required. And it is ‘always on.’ -
Six-Point Checklist To Transform Conversation Power
MediaPost: MediaDailyNews
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What Will Drive The Fall Midterms
MediaPost: Marketing Politics Weekly
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The 4 Types Of Everyday Influencers That Consumers Trust
MediaPost: MarketingInsider
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Word-Of-Mouth Remains Vital To Consumers During COVID-19
Mediapost: Media Daily News
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How Measuring Consumer Conversations Can Reveal Advertising Performance
Journal of Advertising Research
Generating “buzz” is a marketing objective for many Super Bowl advertisers, but “buzz” as
a campaign objective should not be limited to big tent-pole events like the Super Bowl.
It should be a key objective for all advertising. Fifteen years ago, researchers estimated
word-of-mouth (WOM) could triple the value of advertising through a “ripple effect”
(Hogan, Lemon, and Libai, 2004). The current study confirms the theory that there is
a close and valuable relationship between…Generating “buzz” is a marketing objective for many Super Bowl advertisers, but “buzz” as
a campaign objective should not be limited to big tent-pole events like the Super Bowl.
It should be a key objective for all advertising. Fifteen years ago, researchers estimated
word-of-mouth (WOM) could triple the value of advertising through a “ripple effect”
(Hogan, Lemon, and Libai, 2004). The current study confirms the theory that there is
a close and valuable relationship between WOM and advertising success, and it further
examines that relationship as a reason to make it a campaign objective and a key part of
the measurement of advertisement performance.Other authors -
Deriving Value From Conversations About Your Brand
MIT Sloan Management Review
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Word-of-Mouth Advocacy: A New Key to Advertising Effectiveness
Journal of Advertising Research
Marketers are increasingly focused on social marketing, encouraging consumers to share content as well as recommendations, seeking more emphasis on consumer “expressions” and not just “impressions.” But how should expressions be achieved and measured? The authors argue for a holistic approach, one which recognizes that consumer expressions occur most often face-to-face and are not primarily the purview of online social media. Given research that demonstrates a powerful relationship between…
Marketers are increasingly focused on social marketing, encouraging consumers to share content as well as recommendations, seeking more emphasis on consumer “expressions” and not just “impressions.” But how should expressions be achieved and measured? The authors argue for a holistic approach, one which recognizes that consumer expressions occur most often face-to-face and are not primarily the purview of online social media. Given research that demonstrates a powerful relationship between word-of-mouth and paid advertising, the authors suggest the need for a new advertising model, one in which a key goal of the ad is to foster conversation; the conversation then persuades the prospect, which leads to purchase.
Other authorsSee publication -
The Role of Advertising in Word of Mouth
Journal of Advertising Research
Word of mouth (WOM) is now widely believed to help drive consumer decision making. What has not been as widely discussed is the relationship between advertising and WOM. New empirical data collected by the authors over a three-year period show that 20 percent of WOM discussions refer to paid advertising in media. Further, the research finds that conversations that are “advertising influenced” in this way are significantly more likely to involve recommendations to buy or try a brand when…
Word of mouth (WOM) is now widely believed to help drive consumer decision making. What has not been as widely discussed is the relationship between advertising and WOM. New empirical data collected by the authors over a three-year period show that 20 percent of WOM discussions refer to paid advertising in media. Further, the research finds that conversations that are “advertising influenced” in this way are significantly more likely to involve recommendations to buy or try a brand when compared with other WOM discussions about brands. These findings hold across a wide range of product categories.
Other authorsSee publication -
Unleashing the Power of Word of Mouth: Creating Brand Advocacy to Drive Growth
Journal of Advertising Research
Patents
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System and method for measuring social influence of a brand for improving the brand's performance
Issued US 11,127,027
System and method for measuring the performance of brands across online and offline consumer conversations. Raw conversational data of online and offline conversations is received and analyzed using proprietary algorithms to extract, for each type of data (online and offline), relevant metrics that reflect the performance of the brand. In a non-limiting example, these metrics include: volume, sentiment, brand sharing and social influence. One of the problems with using raw data is the extreme…
System and method for measuring the performance of brands across online and offline consumer conversations. Raw conversational data of online and offline conversations is received and analyzed using proprietary algorithms to extract, for each type of data (online and offline), relevant metrics that reflect the performance of the brand. In a non-limiting example, these metrics include: volume, sentiment, brand sharing and social influence. One of the problems with using raw data is the extreme volatility that will cause the results to sharply vary between a week and the other depending on the most recent activity or the lack of activity. To solve this problem, the embodiments compute for each metric a moving average (MA) formula specific to that metric to reduce the volatility of the results. The formula is computed so that the metric values produced by the formula would have the best/most correlation with factual data/business outcomes (e.g. sales/sale figures, stock price, purchase or dumping of stocks etc.).
Other inventorsSee patent -
System and method of identifying individuals of influence
Issued US 7,653,568
This invention relates to a system and method for identifying target individuals who possess certain characteristics statistically indicative of their ability to influence others in their decision making regarding consumer goods, consumer products, political issues or candidates, financial matters, investments, real estate, insurance, travel and leisure, by non-limiting example. The subject invention encompasses not only the identification of a key group of individuals in a population more…
This invention relates to a system and method for identifying target individuals who possess certain characteristics statistically indicative of their ability to influence others in their decision making regarding consumer goods, consumer products, political issues or candidates, financial matters, investments, real estate, insurance, travel and leisure, by non-limiting example. The subject invention encompasses not only the identification of a key group of individuals in a population more likely to affect the decision making of others in the population ("Influentials" as discussed below), but also includes the identification of additional ("non-Influential") informational data common to Influential individuals, as well as the application of this additional informational data to other populations. The advantage of employing this additional informational data to ascertain Influentials is that this data can be publicly available data (such as, for example, from the U.S. Census Bureau), thus facilitating the identification of Influentials without the necessity of undertaking any surveys to identify Influentials per se instead relying on pre-existing public demographic information.
Other inventors -
Honors & Awards
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Insight250 Legends Award
Insight250 and ESOMAR
The inaugural award for insight industry experts who have made a long-standing, indelible impact on the industry and beyond through innovation, leadership, commitment, or other contributions.
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Insight250 2023 Judge
Insight250 and ESOMAR
Annually celebrating the worldwide pioneers, leaders and innovators in market research, data-driven marketing and insights. The Insight250 presents a unique view into academic, enterprise, agency, technology, media and association data-driven leaders around the globe.
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Social Intelligence Insider 50
The Social Intelligence Lab
The Social Intelligence Insider 50 honors the most influential social intelligence professionals, globally.
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Insight250 Awardee
ESOMAR
The Insight250 honors leaders, innovators, visionaries, and pioneers from 46 nations spanning six continents. These individuals are selected from the academic, enterprise, agency, technology, consulting, and media realms and are focused on elevating and enhancing market research, enterprise intelligence, and data-driven marketing.
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REGGIE Award Judge
ANA
The ANA's REGGIE Awards are the premier industry awards program recognizing the best brand activation campaigns activated by brands and agencies.
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Market Research Council Hall of Fame
Market Research Council
Elected to the prestigious Market Research Hall of Fame at its 43rd annual ceremony. The award recognizes outstanding marketing research professionals. Ready a copy of my remarks here https://blog.engagementlabs.com/engagement-labs-ceo-remarks-on-his-induction-to-market-research-council-hall-of-fame
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WOMMY Gold Award Winner
WOMMA (Word of Mouth Marketing Association)
As the gold award winner for research, the Company’s research on “How Word of Mouth Conversations Explain the Trump Victory,” investigated the surprising results of the 2016 election by analyzing how consumer conversations responded to campaign events. Beyond President Trump’s use of Twitter and all the online chatter, there was an enormous amount of face-to-face conversations happening among Americans, which, in the end, proved to be far more predictive of the race as compared to the…
As the gold award winner for research, the Company’s research on “How Word of Mouth Conversations Explain the Trump Victory,” investigated the surprising results of the 2016 election by analyzing how consumer conversations responded to campaign events. Beyond President Trump’s use of Twitter and all the online chatter, there was an enormous amount of face-to-face conversations happening among Americans, which, in the end, proved to be far more predictive of the race as compared to the traditional polls, a finding reported in the Huffington Post.
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WOMMY Silver Award Winner
WOMMA (Word of Mouth Marketing Association)
The silver award for research was for Engagement Labs’ new analysis titled, “Social Media: Tip of an Iceberg that Does Not Predict What Lies Beneath,” which determined that there is almost no statistical relationship between what consumers say about brands on social media and during offline, “water cooler” conversations. This underscores the need for marketers to focus on both offline word of mouth as well as social media conversations to best drive marketing ROI via social influence.
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Word of Mouth Marketing Hall of Fame
WOMMA
One of the inaugural inductees into the Word of Mouth Marketing Hall of Fame. The WOMM Hall of Fame celebrates the true spirit and power of word of mouth marketing and honors those who are leaders, pioneers, innovators, mentors and collaborators who have given considerable time, effort and energy to the industry.
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Berry-AMA Book Prize for the Best Book in Marketing
American Marketing Association
Awarded for The Face to Face Book: Why Real Relationships Rule in a Digital Marketplace.
This award recognizes books that have had a significant impact in marketing.
Criteria:
The book should be an exceptional marketing book that has set the standard for excellence, offering a fresh perspective on a fundamental issue in marketing. The book should also offer practical guidance for marketing managers and has the potential to shape thinking and change marketing practice. -
ARF Great Minds Award
ARF (Advertising Research Foundation)
Ed Keller, CEO, Keller Fay Group, received the Grand Member Recognition Award, which goes to individuals who made an outstanding contribution to the ARF in the prior year. Keller, whose term as member of the ARF Board of Directors ends this year, was honored for his many contributions to the ARF throughout his tenure including, serving as an active member of the ARF Board, the program committees for the Audience Measurement Conference and annual Re:think convention, as well as judge for the…
Ed Keller, CEO, Keller Fay Group, received the Grand Member Recognition Award, which goes to individuals who made an outstanding contribution to the ARF in the prior year. Keller, whose term as member of the ARF Board of Directors ends this year, was honored for his many contributions to the ARF throughout his tenure including, serving as an active member of the ARF Board, the program committees for the Audience Measurement Conference and annual Re:think convention, as well as judge for the annual ARF David Ogilvy Awards for Excellence in Advertising Research.
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ESOMAR Excellence Award For Best Paper 2008/9
ESOMAR
Esomar Excellence award for the best paper 2008/9: ‘A holistic approach to the measurement of WOM’ by Ed Keller, The Keller Fay Group, USA
and Barak Libai, Tel Aviv University, Israel -
President Market Research Council 2005-06
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The Market Research Council is the oldest and one of the most prestigious market research organizations in the world.
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Doing it Responsibly If you just read the news headlines, scandals, doom, and gloom always lead. Who doesn't slow down to gaze at the car wreck?…
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Excited to share Audio insights at the upcoming Quirk's conference in New York! We'll be talking about a series of studies we've done on Audio…
Excited to share Audio insights at the upcoming Quirk's conference in New York! We'll be talking about a series of studies we've done on Audio…
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