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© 2009 White Horse Productions, Inc. Content may not be reused without permission.
Social Media Monitoring Tools  Benchmarking the Competitive Landscape Eric Anderson, VP of Emerging Media Jamie Beckland, Emerging Media Specialist © 2009 White Horse Productions, Inc. Content may not be reused without permission.
The reality is, most brands are NOT using social media monitoring tools right now.   And generally, their reasons for holding back are valid. © 2009 White Horse Productions, Inc. Content may not be reused without permission.
For one thing,  any  social media investment faces scrutiny right now.  © 2009 White Horse Productions, Inc. Content may not be reused without permission.
And the space is still very confusing and unsettled. © 2009 White Horse Productions, Inc. Content may not be reused without permission.  And dashboards. Lots and lots of dashboards. Lots of new proprietary terms to learn… Online Promoter Score Sentiment Analysis Brand Association Map (BAM) Community Health Index
Nevertheless, we believe that a  modest  investment in monitoring is the  single most important step  for brands to take in social media. Why? Four reasons. © 2009 White Horse Productions, Inc. Content may not be reused without permission.
[object Object],[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
2. It’s a  very  efficient way to measure your brand equity and impact. © 2009 White Horse Productions, Inc. Content may not be reused without permission.
3. It’s the best way to do field observations on your target audience. © 2009 White Horse Productions, Inc. Content may not be reused without permission.  Tough to do here  Easy to do here
[object Object],[object Object],You become the hub of vital information that others in your organization—PR, HR, Branding, and Sales—can use.   © 2009 White Horse Productions, Inc. Content may not be reused without permission.  Competitive Insight -- Marketing 5 Testimonial – Marketing/PR 3 Brand Defense – Marketing/PR 1 Employee Issue -- HR 2
So, how do you choose a social media monitoring tool? First, two general observations: © 2009 White Horse Productions, Inc. Content may not be reused without permission.
[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
And, in general, all of the tools do a  poor  job of  analyzing  content. All analysis is keyword-based. Keywords are great for sorting,  but nearly useless for picking up the emotional nuances of a conversation. © 2009 White Horse Productions, Inc. Content may not be reused without permission.
[object Object],[object Object],*If you need human analysis, call us instead.   © 2009 White Horse Productions, Inc. Content may not be reused without permission.
Competitive Set © 2009 White Horse Productions, Inc. Content may not be reused without permission.
Social Media Monitoring Tools Cost vs. Feature Set Cost Feature Set © 2009 White Horse Productions, Inc. Content may not be reused without permission.
Evaluation in three main areas: ,[object Object],[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
Listening Activities ,[object Object],Time-Delayed Only “currently relevant” © 2009 White Horse Productions, Inc. Content may not be reused without permission.
Listening Activities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
Listening Activities ,[object Object],Web Scrapes -includes corporate sites, voting sites, Yellow Pages/Yelp, etc. Data collection method causes a huge price difference. © 2009 White Horse Productions, Inc. Content may not be reused without permission.
Listening Activities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
Listening Activities ,[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
Capacity for Insights:  Reporting Suites © 2009 White Horse Productions, Inc. Content may not be reused without permission.
Reporting Suites ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
Sentiment Analysis ,[object Object],[object Object],[object Object],Manual Human-sampled None © 2009 White Horse Productions, Inc. Content may not be reused without permission.
High-End Reporting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
Responding/Engagement Capabilities No CRM Light CRM Full-blown CRM © 2009 White Horse Productions, Inc. Content may not be reused without permission.
Responding/Engagement Capabilities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
Pricing Models ,[object Object],[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
Final Thoughts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
Questions? Thank you! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 White Horse Productions, Inc. Content may not be reused without permission.
© 2009 White Horse Productions, Inc. Content may not be reused without permission.

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Social Media Monitoring Tools: Benchmarking the Competitive Landscape

  • 1. © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 2. Social Media Monitoring Tools Benchmarking the Competitive Landscape Eric Anderson, VP of Emerging Media Jamie Beckland, Emerging Media Specialist © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 3. The reality is, most brands are NOT using social media monitoring tools right now. And generally, their reasons for holding back are valid. © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 4. For one thing, any social media investment faces scrutiny right now. © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 5. And the space is still very confusing and unsettled. © 2009 White Horse Productions, Inc. Content may not be reused without permission. And dashboards. Lots and lots of dashboards. Lots of new proprietary terms to learn… Online Promoter Score Sentiment Analysis Brand Association Map (BAM) Community Health Index
  • 6. Nevertheless, we believe that a modest investment in monitoring is the single most important step for brands to take in social media. Why? Four reasons. © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 7.
  • 8. 2. It’s a very efficient way to measure your brand equity and impact. © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 9. 3. It’s the best way to do field observations on your target audience. © 2009 White Horse Productions, Inc. Content may not be reused without permission. Tough to do here Easy to do here
  • 10.
  • 11. So, how do you choose a social media monitoring tool? First, two general observations: © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 12.
  • 13. And, in general, all of the tools do a poor job of analyzing content. All analysis is keyword-based. Keywords are great for sorting, but nearly useless for picking up the emotional nuances of a conversation. © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 14.
  • 15. Competitive Set © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 16. Social Media Monitoring Tools Cost vs. Feature Set Cost Feature Set © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23. Capacity for Insights: Reporting Suites © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 24.
  • 25.
  • 26.
  • 27. Responding/Engagement Capabilities No CRM Light CRM Full-blown CRM © 2009 White Horse Productions, Inc. Content may not be reused without permission.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32. © 2009 White Horse Productions, Inc. Content may not be reused without permission.