Kred

Nowadays, when a business wants to gauge how the general public feels about their brands, products or services, they are using tools for measuring their social influence on the web. In many cases, some even use them to take a measurement of their competitors. Staying on top of important industry trends, changes in algorithms, and social influence measurement tools can keep you and your business afloat on the web and learning how to make those trends, changes and tools work for you can assist your business in increasing growth, brand visibility, and even your business’s social media ‘voice.’

If you need a reminder of how important those things can be to your social media campaigns, take a look back to the blog, 4 important lessons on brand marketing via Twitter, where we shared the successes that JetBlue, Hilton and more were having from the social media voices they created for themselves. We covered the spread of social influence tools in another past blog titled Klout vs PeerIndex vs SocialIQ at the end of last summer, but how are those tools developing now?

Klout

Klout is still as powerful a force in social influence as ever. Recent updates include some fairly impressive leaps ahead in keeping up with business technology and its impact in the realm of social influence. Just this month Klout announced they would be offering dedicated pages for brands where Klout users will be able to see lists of top influencers for each brand as well as observe social media conversations, monitor brand developments and even earn access to some special perks. This new update, codenamed “Brand Squad” is launched in a partner venture with Red Bull.

For some more information on where Klout may be headed, don’t forget to check out the video from #SMWSMAC where we had a full panel including Michelle Ross of Klout to explain where we can expect social influence measurement tools to take us in the coming year. Klout still has its naysayers as well. However, it has also begun to be an item of reference now asked for in some job interviews as well. For those working in the social media industry, it may soon become a vital tool on your own list of portfolio and reference links.

PeerIndex

PeerIndex has found itself in continual growth since we delved into it last August. Reebok has just offered the top 100 most influential PeerIndex users, as identified by their own PeerPerks service, a free pair of Reebox’s RealFlex trainers. In promoting their own, “The Sport of Fitness Has Arrived” marketing campaign. The PeerPerks system, hosted on its own microsite, allows users to sign in just as they do on PeerIndex, by using their Facebook or Twitter accounts. Although this particular marketing campaign will focus on those who have influence in fitness, athletics or sports, it seems that a few more brand offers from big names like Reebok may push PeerIndex and their competitive reward system into more growth for their social media influencer user base.

SocialIQ

SocialIQ was just breaking out of the start-up phase when we last covered them. Since then they too have grown into an impressively notable competitor on the social influence circuit. Early on, they had enacted their own series of perks for those who were influential in a variety of industries and the developers at SocialIQ are still continually looking to improve and perfect their relationship with users. Just this past Tuesday they met with a customer service special interest group at Intuit to ask for some feedback on the SocialIQ experience design.

SocialIQ has an aesthetically pleasing and easy to manage user interface in their one click social media network integration with Twitter and Facebook. Developed by Soovox, the algorithm SocialIQ uses seems to be working and measures influence based on the same idea as the others. However, I have noticed that SocialIQ has done some pretty impressive improvements on their site’s look as well as their feedback to users complete with an influence level analysis that tells you which brands you may have the closest affinity with.

Kred

A month ago we covered Kred and what it had to offer as a newer social influence measurement tool on the net in Monitoring Your Social Reputation with Kred. Just this month Kred has added Facebook to their options for users wanting to measure their social influence scores. Everything seems to be working well so far and with Kred making a major showing at SXSW this year, the company is slowly starting to gain more ground. Kred scores do break down a bit differently as users actually receive points for interactions, tweets, mentions and more, so I would definitely encourage those who have not tried it to do so. It may offer the last piece to the puzzle of your business’s social influence analytics.

Author:

@BasilPuglisi is the Executive Director and Publisher for Digital Brand Marketing Education (dbmei.com). Basil C. Puglisi is also the President of Puglisi Consulting Group, Inc. A Digital Brand Marketing Consultancy that manages professional and personal branding for Fortune 500 CEOs, Hedge Fund Managers and Small Business Owners.

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Social influence is gaining notice as more advertisers, marketers, consumers, and affiliates use it as a method of gauging the knowledge, credibility, and reliability of prospective new clients or business contacts. There are other systems of influence measurement, such TwentyFeet, Klout, and Peer Index. Between them all there is a whopping level of social influence analysis to be found. So which should you be using? From someone who has experimented and experienced a little of what each has to offer, I’d have to say, use each of them for the best option they offer for social influence measurement.

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What Does Kred Offer?

Kred offers many of the same options as the others. A collaborative algorithm will allow you to enter your social network accounts to gather an overall score listing the highlights of your personal topics, and circles of influence. However, Kred does offer a few things that the others do not, or lack a particular focus on.

Analytics

Kred seems to have an analytics platform that is a bit more detailed than the others. Using a system known as PeopleBrowser, Kred has based their analytics system around the notion that they believe social analytics can depict accurately, how human behavior and influence can provide data to help businesses increase productivity, community, and growth.

Community

An important element to any brand is the ability to find the right community that cares about your services or product offerings. When you include the chance to pinpoint top influencers in your industry or topics, a brand marketer’s job gets a lot easier.

Transparency

Kred is unusually upfront about how scores are handed down, down to every mention, retweet, follow, like, and so on.

See what Scott Milener of PeopleBrowser has to say about their platform.

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Influencer Reality

True influencer reality is not going to come from Lady Gaga, or a Kardashian. Although any company would be delighted to have one of those famous influencers tweet or share their brand, the true consumer is unlikely to run out and purchase relentlessly just because Gaga or Kim said they should. However, the true consumers, those that may buy your product or services, and then relate their wonderful experience with you to all of their friends, is the epitome of influencer reality. Klout and Kred both seem to have a good realization of what it means to base an algorithm and platform on the real consumers companies are clamoring for attention from.

Kred vs Klout – Fun Fact

If you think that the competition between Kred and Klout when it comes to providing the best tool for social influence, it may also be important to note that these two companies also share the same city and office space, not just the same views on social influence. However, as much as each company seeks to shed light on the same platform of social influence, they also appear to have different viewpoints on the true sources of online influence.

If you want to learn more about the basics of Kred, check out this helpful PDF.

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