LISTENFIRST MEDIA LAUNCHES FIRST SYNDICATED RATINGS OF DIGITAL ENGAGEMENT WITH CONSUMER BRANDS
ListenFirst Digital Engagements Ratings™ (DER) Establish Independent Standard of Consumer Interaction On Social Media and Other Digital Channels
Beats by Dr. Dre, Coca-Cola, and Red Bull Top Rated Brands Today
NEW YORK, NY (October 23, 2014) – Beats by Dr. Dre, Coca-Cola, and Red Bull are generating the most attention across the digital landscape today according to ListenFirst Media’s Digital Engagement Ratings™ (DER), the first syndicated measurement standard to compare how consumers are engaging with brands across a range of multiple social media and other digital channels.
By aggregating engagement data across the most critical and widely trafficked digital platforms, ListenFirst DER provides marketers, advertisers, agencies, researchers, and sales teams with an independent tool to assess the level of consumer engagement being generated by leading consumer brands.
ListenFirst DER is based on an algorithm that measures customer engagement with brands across Facebook, Google+, Instagram, Tumblr, Twitter, Wikipedia, and YouTube. This standardized, cross-platform rating will enable brands to understand the magnitude of consumer affinity for their brands as measured through digital engagements, and compare their performance to the rest of the competitive landscape.
As part of the roll-out, ListenFirst is also introducing the ListenFirst Digital Engagement Index™ (DEI), which provides an industry average of the ListenFirst Digital Engagement Ratings among the top 500 brands as identified in the Redbooks 500, which tracks top brands based on weightings of brand revenue, advertising spend, and social media engagement. The ListenFirst DEI will serve the same function in the marketing world as the S&P 500 does in the financial world: to provide a perspective on how the market is trending, while giving brands a reference point on how they are performing relative to the market as a whole. The Index value will be published daily on MediaPost, positioning the ListenFirst DER as the industry standard for measuring digital engagement across the consumer brand landscape.
ListenFirst DER will be offered on a subscription basis to brands, agencies, advertisers, research firms and other ecosystem partners.
“In today’s on-demand world, consumers are engaging with brands at all hours of the day on dozens of different platforms and every kind of device. For a brand, that presents an overwhelming opportunity and challenge: how do you sift through the noise to tell a simple story about the engagement around your brand and content? ListenFirst DER finally fill this void, giving brands the tools to understand how consumers are engaging with them online, while providing a measurement standard to compare their performance to others in their space.”
“Until now, there’s been no standardized, cross-channel metric that we can use throughout the Proximo portfolio to understand how our consumers are engaging with our brands online. We’re launching activations on many different platforms - not just one - and yet we’ve had to go platform-by-platform to try to figure out what’s resonating. ListenFirst DER has completely revolutionized our toolkit, because for the first time, we can truly understand the full picture of engagement around our brands. This is huge for the brand marketing landscape, where it’s been a struggle to tell consistent stories about consumer engagement on these new platforms with competitive context.”
The top five consumer brands for October 21st are:
Current Index Value: 46,395
ListenFirst is a data and analytics company providing insights for brands. Leveraging our self-service platform, proprietary data products, and strategic analysis, we provide brands competitive context, industry standard benchmarks, reporting efficiencies, and a cross-platform vantage point to optimize business performance. ListenFirst aggregates data streams from a wide range of sources - from sales figures, customer engagement, research & tracking, media impact, social (such as Facebook and Twitter) and much more. Since inception in 2012, ListenFirst has been working with a wide portfolio of clients, including A+E Networks (including A&E, History, and Lifetime), Food Network, Proximo Spirits (Jose Cuervo, Three Olives, Kraken, etc.), NewYork-Presbyterian, Sony Pictures Entertainment, Universal Pictures, USA Network, and others.
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