Measurement
Earned media value
EMV · PR value
Definition
Earned media value is a dollar assigned to coverage by pricing it like advertising or by a vendor black box. It is AVE’s cousin, sometimes with extra multipliers for “social amplification.” AMEC’s Principle 5 still applies: advertising equivalents are not the value of communication. Calling it EMV does not fix the math.
Some social vendors use EMV for unpaid posts. Ask for the formula. If they will not give it, do not put it on a board slide.
How it works
If a client demands a dollar, show cost of the program versus outcomes you actually wanted (pipeline, search, citations), not a fake rate-card total. If you must show EMV because a contract already requires it, show it as a vanity output next to real outcomes, never as ROI.
Worked example
Vendor EMV: $2.4M. Same clips: 8 referring domains, 1,400 referral sessions, 22% branded-search lift, two AI-citation gains on a prompt set. The second list is the decision kit. The first is a mood.
How it differs
AVE uses ad rate cards. EMV often uses a proprietary version of the same idea. Barcelona Principles reject both as the value of comms. Share of voice is a ratio without a fake dollar.
Common errors
Multipliers. Including paid. Comparing EMV to revenue as ROI.
Sources
- AMEC Barcelona Principles — Outputs
- AMEC 22 reasons AVEs are invalid — Invalid dollar proxies
- Open University briefing — AVE still used because it looks like ROI