Social Media

7 Keys to Choosing the Right Social Media Monitoring Tool

Social media monitoring tools are essential for companies trying to gauge online conversations pertaining to their brand(s). There are numerous platforms to choose from; with almost 200 in the market place, it’s getting difficult to select the right one.

Below are some things to consider when choosing your platform along with a list of the most-used platforms out there.

Cost
Understandably, price is usually one of the top concerns, but be sure you’re getting all that you can out of the platform. Missing important conversations because your monitoring tool doesn’t pick up a specific channel can mean lost opportunities. It doesn’t bode well to be penny wise and a pound foolish with these tools.

Range of Coverage
All platforms cover the large social channels (i.e. Facebook, Twitter, YouTube and LinkedIn) but not all cover bookmarking sites like Digg and Reddit or specific forums and chat rooms. Be sure to find out all sites covered in a platform. Here’s a list of the most important social sites out there today.

Workflow Capabilities
If you have a multitude of departments needing to monitor and engage, you better figure out how you’re going to manage all these people and sites.  Marketing needs to understand what customer service is doing along with HR, public relations, c-suite, sales, etc.

Integration with Other Applications

This is a big concern for companies with more complex social programs and highly matrixed structures. Be sure you know ahead of time what other applications you’ll be using before you select a monitoring tool.

Global Coverage
If you’re doing business on a global scale make sure you’re picking up conversations on such sites as Orkut, Renren, StudiVZ, Bebo and Kontakte, just to name a few.  This capability isn’t cheep so don’t buy it if you don’t need it. Click here for a comprehensive list of global social networking websites.

Support and Training
Many of these tools are becoming quite sophisticated and are ever-changing to meet the newest platforms; thus, it’s important that the account team is keeping you up-to-speed on what is relevant to you.

Metrics and Reporting
You better be able to measure what you’re doing with social media or you’ll be out of a job fast.  The big question always revolves around ROI so you better come prepared with numbers and killer graphs to impress the CEO.

Platforms
This certainly isn’t a comprehensive list but this should get you started in the right direction.  For a comprehensive list with platform description, pricing and  links check out Seamless Social’s list.

For a quick comparison of some of these tools click here.

For those looking for lower cost solutions, check out “10 lower-priced monitoring services for nonprofits & organizations

Building A Scalable Social Business Program

Jeremiah Owyang, one of the leading social strategists, has been working closely with many of the world’s biggest brands to learn about where social media is headed and how companies can scale their business for social media.

He’s conducted research and has come up with some fantastic reports on corporate social strategy. Below, he’s laid out what I believe are essential steps for building social media programs:

  • Get into hub and spoke and develop a center of excellence
  • Leverage community for first tier marketing and support
  • Integrate both in the customer lifecycle as well as your corporate website
  • Launch a formalized advocacy program
  • Invest in Social Media Management Systems before you lose control

Here are some must-read articles from Owyang and the Altimeter Group for companies looking to build out an enterprise wide social media program:

Corporations Should Prioritize Social Business Spending
The Career Path of the Corporate Social Strategist

Scalable Social Business Programs

Jeramiah Owyang, one of the leading social strategists, has been working closely with many of the biggest brands in the world to help learn about where social media is headed and making recommendations on how companies can scale their business for social media.

Here are five key’s for building social media programs:

Leverage community for first tier marketing and support.

Integrate both in the customer lifecycle as well as your corporate website.

Launch a formalized advocacy program.

Invest in Social Media Management Systems before you lose control.

Here are some must-read articles for companies looking to build out an enterprise wide social media program:

Corporations Should Prioritize Social Business Spending

The Career Path of the Corporate Social Strategist

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Can Google’s +1 Rival Facebook’s “Like”

Looks like Google is attempting to match Facebook’s “like” with their own version called +1.  I can’t think of a more confusing name but I’ll wait to see it before passing judgment.  Google has yet to release it so here’s a brief preview of what +1 will do and what it looks like:

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Are you a Social Media Ninja or Rockstar?

Find Your Social Media Title

If you’re a company looking to hire a social media professional, you’ve probably come across some interesting titles. I know it’s been difficult to keep up with the latest titles so I thought I’d clear it up and provide some guidance what a social media rockstar or ninja actually does. Below is a handy guide:

Expert

This expert title sounds pretty bland nowadays compared to the others but this was the first label bestowed upon anyone who had a Twitter account and could use the term “tweet” properly in a sentence. Its still bantered about often these days by traditional types and is a generic descriptor of someone who has actually been paid to be on Facebook. There are a lot of them out there with varying degrees of business acumen so be smart when hiring one of them. (see How to Hire for Social Media)

Guru
Social media Gurus have certainly contributed to the quantity of online conversation but there’s not much to be said about the quality.  Sure they constantly re-tweet Mashable and Chris Brogan’s  posts but who doesn’t these days. According to Gurus; social media is a spiritual quest which can only be obtained through liking and following others in addition to having 500 mayorships on Foresquare.  So if you want to reach social nirvana hire a Guru which will guarantee you spend lots of money and have very little to show for it.

Evangelist
Amen brothers and sisters! All hail to the social engagement gods and let the digital spirit take you to majestic mountain tops and a higher Klout score. If you haven’t drank the social media kool-aid yet you obviously haven’t seen one of these social media ministers speak. For if you had, you’d be playing Farmville on Facebook right now instead of reading this blog post. If you want to avoid being cast into eternal digital damnation bring one of these to your next board of director’s revival and sit back and watch the confusion ensue.  Hallelujah!

Ninja
According to LinkedIn, the Ninja title is gaining in popularity at the expense of Gurus. Apparently Ninjas are very adept at blogging and tweeting and have a penchant for creating power point presentations about blogging and tweeting (see dramatization here). While Ninja’s move with stealth and can tweet faster than Paris Hilton on Ritalin they don’t actually infiltrate your competition and eliminate the CEO as the title would suggest.  They mostly blog and tweet about blogging and tweeting.

Rock Star

This term is usually reserved for anyone on the agency side of marketing who can do a tap dance for clients and make them think that they’re not only an expert/ninja/guru but that they’re also famous in the Twittisphere and have 5,000,000 people retweet them at the drop of a hat.  They most likely can give a dynamite presentation and wow the board room but when it actually comes to addressing anything that resembles a business objective, they turn to jello and crap their pants.  Good night Cleveland!!

Titan
This is the big time now. Titans are people of exceptional importance and reputation in the social media community. This is not a self-anointed title like those other plebe titles but one that can only be bestowed upon by the traditional media gods who don’t have an clue about social technologies. They see that someone has tweeted about 40 times yesterday and have their own badge on Foursquare and deem them worthy of Titan status.  Apparently once someone has been proclaimed a Titan, they have reached god status in the social media fish tank and are atomically re-tweetable no matter how banal the post actually is.  Take heed of these deities for they shall inherit the inter-tubes.

There is also another title which barely deserves mention but I thought I’d include it just to give some perspective:

Corporate Social Strategist
These are the lowest of the social media food chain. Pond scum if you will. These folks have the gall to think that traditional marketing and communication efforts have a place on this earth and for some reason they think that social media can be integrated with other digital and offline strategies. FOOLS! They might as well call themselves a leper and declare their love of Bolsheviks and anchovies.  Unfortunately, the only organizations who will hire these people are those lowly little Fortune 500 companies who don’t have the sense to know when to hang it up and call it quits.  All these strategists do is sit in a room and repeat the mantra: ROI..ROI…ROI.. When will they realize that the day of the corporation is dead. VIVA la Revolución!!!

Obviously, this post is a little tongue and cheek but it’s very interesting to see some of these titles bantered about in professional circles.  Most of the social media professionals I know don’t use any of these titles as they’ve become pejoratives in the digital community. However, there are a few people who do call themselves ninjas, gurus, etc.  Best advice is stay away from this lot.

Many thanks to Adam Evers who prodded me to write this post after a couple of beers and a very interesting conversation. He’s also the brains behind this online social media title test.

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How to Hire for Social Media Positions

With more and more companies looking to social media to drive business goals  many are having a difficult time hiring for social media positions.  Their desire to ramp up a social presence is outpacing their ability to hire the proper staff to do the job effectively.  This, combined with the myriad of people with varying degrees of social media expertise, is creating confusion among executives on who to hire, what compensation level is appropriate and what title to bestow.

Many companies are going for the quick fix in hiring the young marketing coordinator or intern who definitely knows the technology but doesn’t necessarily understand the business aspect and the role social media needs to play in an overall marketing strategy.  This can create frustration on the part of executives, who may have trouble grasping why social media is important and are looking for ways to prove its ROI.

Two distinct positions are becoming prominent with forward thinking corporations; the community manager and corporate social strategist.  Many companies are looking to fill these roles with one position but it’s quite apparent that these two roles require very different skill sets. Here’s why:

Community Manager

Community managers are on the front line in a customer facing role and are the ones trusted by your audience. They’re the people that are the voice of your brand and are having online conversations with your potential customers every day. They have a passion (or should have) for the organization or brand and this shows in their discussions.  The strange thing is that this person usually is not working in the marketing or PR department.  They may be in customer support or a regional manager or cashier or may even be the janitor.  They point is they have a passion for the brand, they know it backwards and forwards and when they speak to people about it their passion shows through.  Finding the right person who has the online skills plus the passion is a critical component to a brand’s social strategy.  (see Duluth Pack)

Altimeter Group

Corporate Social Strategist

This position is responsible for the overall social media program and is focused on deciding which listening and engagement platforms to use, educating executives on why social is important, integrating a brand’s social presence with customer service, marketing, PR, partners,  stakeholders and most importantly delivers on the ROI question.  A social media strategy won’t get off the ground without measurement therefore it’s important to find someone who has business experience who can tie in a brand’s social media efforts to overall business objectives.  The difficultly lies in finding a person who knows the business side of things but also has a deep understanding for social technologies. Aim high when hiring for this role as it’s critical to your brand and customer relationships.

For a deeper dive into hiring for this position check out this article: Career Path for the Corporate Social Strategist.

The truth is that until social media begins to play a larger role in a company’s overall business strategy, these roles will be wrapping up into one job or is a part of an existing position. However, this won’t be the case for long as corporations are planning significant increases in social media staffing and platforms for 2011.

Altimeter Group

Standards for Hiring

So how should a company move forward in hiring a community manager or corporate social strategist? One social media’s thought leaders and the one I admire most is Jeremiah Owyang from the Altimeter Group who’s done a great deal of research into social media strategy and how companies can ramp up their social media presence.  I combined his suggestions with some of mine in laying out standards for hiring and supporting the community manager and corporate social strategist:

Community Manager

  • Find someone who has a genuine passion for your brand, organization or industry.
  • Look for someone who’s fun, creative and has an engaging personality
  • Stay away from anyone calling themselves a “Ninja” “Guru” or “Rock Star”
  • Ensure a cultural fit, as the community manager will be the voice of your brand
  • Scrutinize how they have used social media in the past
  • Find a natural born connector – both internally and externally
  • Life experience trumps youthful enthusiasm so look for the former

Corporate Social Strategist

  • Hire a program manager rather than a social media “Ninja” “Guru” or “Rock Star”
  • Seek candidates with a track record of early technology adoption in their careers
  • Seek backgrounds that demonstrate the ability manage dotted-line resources and agency partners
  • Look for a corporate entrepreneur,comfortable with “calculated risks”
  • Ensure a cultural fit, as the social strategist will tack change management
  • Find a natural born connector – both internally and externally
  • Celebrate those risks by enabling them to “fail forward,” while clearing their obstacles
  • Enable them to connect to peers and invest in their knowledge and career growth
  • Protect your investment by providing new challenges, and compensate well – they are highly coveted
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Social Media for the Travel & Tourism Industry

Social media is quickly becoming a vital tool in the tourism industry as Facebook, YouTube, LinkedIn and Twitter are having a dramatic impact on how consumers make their travel decisions. However, many tourism boards and travel related companies are having a difficult time in creating a strategy that integrates social media with their traditional efforts.  While social media is an important component to travel promotion, its not a stand-alone tactic but an integral element to a well thought out marketing plan.

Here is a presentation I’m presenting at the 2011 Explore Minnesota Tourism Conference in Nisswa, MN that goes over some of the basics for understanding how social media works and how to interact. It also covers the more important channels as well as key considerations for creating a social media strategy.

I’ve also included some useful articles you may find useful:

Strategy

A Pragmatic Approach to Social Business
How to Set Up Your Social Media Listening Dashboard

The 8 Success Criteria For Facebook Page Marketing

Five Ways how Companies Organize for Social Media

Case Studies

Florida Tourism Saved by Social Media. Really
Students Promote Tourism in Nevada with Social Media

Social Media Case Study: Six Flags Tournament of Thrills on Facebook

Tools

Google Alerts
Netvibes

Hootsuite

Twitter Search

Bit.ly

Other Resources

Social Media and the Tourism Industry Statistics
Social Business Forecast: 2011 The Year of Integration

Social Media Revolution

Value of a Facebook Fan

Social Media for the Travel Industry

Social media is quickly becoming a vital tool in the tourism industry as sites such as Facebook, YouTube and Twitter are having a dramatic impact on how consumers make their travel decisions. However, many tourism boards and travel related companies are having a difficult time in creating a strategy that integrates social media with their traditional and other online activities. While social media is an important component to travel promotion, its not a stand-alone tactic but an integral element to a well thought out marketing plan.

Here is a presentation I’m presenting at the 2011 Explore Minnesota Tourism Conference in Nisswa, MN that goes over some of the basics for understanding how social media works and how to interact. It also covers the more important channels as well as key considerations for creating a social media strategy.

I’ve also included some useful articles you may find useful:

Strategy

A Pragmatic Approach to Social Business

http://www.web-strategist.com/blog/2011/01/17/process-a-pragmatic-approach-to-social-business/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+WebStrategyByJeremiah+%28Web+Strategy+by+Jeremiah%29&utm_content=Netvibes

How to Set Up Your Social Media Listening Dashboard

http://www.risdall.com/listen/RMGSocialMediaListeningDashboard.pdf

The 8 Success Criteria For Facebook Page Marketing

http://www.web-strategist.com/blog/category/facebook-strategy/

Five Ways how Companies Organize for Social Media,

http://www.web-strategist.com/blog/2010/04/15/framework-and-matrix-the-five-ways-companies-organize-for-social-business/

Case Studies

Florida tourism saved by social media. Really.

http://tech.fortune.cnn.com/2010/08/27/florida-tourism-saved-by-%E2%80%93-social-media/

Students promote tourism in Nevada with social media
http://www.lasvegassun.com/news/2010/dec/17/students-promote-tourism-nevada-social-media/

Social Media Case Study: Six Flags Tournament of Thrills on Facebook

http://www.youtube.com/watch?v=7EFVD-BZx6Q&feature=player_embedded

Other Resources

Social Media and the Tourism Industry Statistics

http://www.stikkymedia.com/articles/social-media-and-the-tourism-industry-statistics

Social Business Forecast: 2011 The Year of Integration

http://www.web-strategist.com/blog/2010/12/09/slides-social-business-forecast-2011-the-year-of-integration-leweb-keynote/

Social Media Revolution

http://www.youtube.com/watch?v=lFZ0z5Fm-Ng

Value of a Facebook Fan

http://www.syncapse.com/media/syncapse-value-of-a-facebook-fan.pdf

2011 Social Media Trend – eCommerce & Facebook

Just a few months ago, you’d have had to argue why your business should have a Facebook store; today you’d probably have to justify any decision not to have an e-commerce function on Facebook.  It is becoming so big now that it is enabling a huge shift how people shop and how they are influenced. Facebook is coming up on 600,000,000 users which is about 8.7% of the world population. That’s an astronomical number and seems to be growing at ever increasing speeds.

Hence, it comes as no surprise that new f-commerce pages from major brands and retailers are beginning to gain traction and actually generate revenue. Actual ROI. This new function allows people to shop directly from Facebook tabs without leaving the site, which is huge in that Facebook users prefer not to leave the site.

Facebook commerce (f-commerce) is the newest trend for 2011 and by 2014 I would imagine that most consumer packaged goods, airlines and retailers will be seriously considering this functionality on their Facebook pages.  It should be an interesting year.

Here is a very insightful study by Altimeter Group, one of the most influential thought leaders in the area of social media strategy and social commerce. A must-read for anyone seriously considering utilizing social media and e-commerce.

Generate New Business and Engage Existing Clients through Social Media

While social media seems ever present these days, there is still a lot of confusion on how to identify, connect with and engage potential partners, customers and vendors. You hear the hubbub about how social media is revolutionizing marketing, sales, retail, healthcare, journalism but you’re still not sure how you can get utilize social channels for your business.

You may already have a Facebook page, Twitter account and/or LinkedIn profile yet nothing is generating any new business and you’re not even engaging with your existing clients (that is, if they’ve managed to find you out there). At this point you’re probably wondering, with a good deal of frustration, “What am I missing? How does this social media thing work?”

The truth is, social media isn’t a replacement for the marketing and communication efforts you already have in place. People still do business with people and not with profiles.  However, social media can have an important place in your marketing mix and can greatly enhance your presence in an online world.

Social Intelligence – Utilizing Social Media Data

Social Intellegence DataIts amazing to see how social media has so quickly transformed the marketing world, not to mention the realm of advertising and public relations. We went from talking about how to build a Twitter account a few years ago to now expecting social media to do some heavy lifting.

And much of that heavy lifting is in the form of data collection based on online discussions and engagement. Companies are trying to keep up with these emerging social interactions by monitoring what is being said about them online but can’t seem to grapple with the fire hose of data that is coming at them. Most of them are just trying to make sense of properly engage customers and haven’t quite figured out how to use the information that is coming back at them.

From what I see, most companies, not named Ford or Dell, are still hesitant to really embrace social technologies and aren’t quite convinced of its relevance to their business. Either that, or they haven’t the faintest idea how to craft and implement a strategy that incorporates branding, business lead generation, quality customer service, and consumer insight.

Many companies these days have a social media presence but they aren’t really tying it to their overall business objectives. Its just hanging out there on its own. They throw up a Facebook page or sign up for a Twitter account but don’t really have a strategy on how they engage with people or what type of data they hope to glean out of social interactions.

Without any prompting, customers are openly sharing information that would otherwise have taken months of surveys and focus groups. And they’re doing it for free. This has prompted the growth of a relatively new field called Social Intelligence, which harnesses the insights found within social media data to better understand customers and inform marketing and business strategy.

McKinsey & Company, one of the world’s biggest consulting firms, as just recently partnered with Neilson to provide this service to clients, so you know there must be something do this. (Nielsen Joins Forces With McKinsey For Social Intelligence Consulting)

Social Intelligence is quite an easy concept but one that isn’t being fully utilized by most companies. It involves these three basic steps:

  • Monitoring social media
  • Collecting and analyzing the content
  • Using the insights to inform your strategy

Companies are just beginning to figure out the first two steps but have yet to figure out the third and, what I’d consider to be, the most crucial step. Zach Hofer-Shall, an analyst at Forrester Research recently published an article called Defining Social Intelligence which he encouraged companies to start taking online conversations seriously to better utilize the data coming from their social channels.

I think Zach and Forrester are on to something. Thus, you should be seeing more and more demand for services that link social data to business insights.

Here are some interesting articles I’ve found on the subject:

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Integrating LinkedIn and MS Outlook: An Effective Sales Tool

linkedin-outlook-betaLinkedIn and Microsoft’s Outlook have teamed up to provide a powerful tool to help users utilize the power of their connections through their e-mail. This tool is still in beta but can currently be downloaded quite easily. This new add-on capitalizes on Outlook Social Connector, an Office 2010 feature that integrates social networking feeds into Outlook. Right now Social Connector is limited to LinkedIn, but Microsoft says connectors for MySpace, Facebook, and Windows Live are “coming soon”.

Here’s how it works:

When you open a message in Outlook from someone in your LinkedIn network, you will see LinkedIn information pulled from your connection’s profile below the message pane. You can see things like their profile photo, latest status messages, recently added connections and see any recent questions they’ve asked or answered. LinkedIn Connector will also add a LinkedIn contacts folder where you can you see your network connections’ profile photos, e-mail addresses and profile details such as their current job title.

This is a fantastic tool for any sales force or business development professional looking to build relationships.

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