While generating unique and engaging social media programs is important, the analysis, monitoring and measurement that takes place throughout the campaign is essential. As mentioned in the class notes, social web monitoring is basically using search engine technologies to list to what is being said about an organization on the social web. Since the complete explosion of social media and its wide use within organizations throughout the globe, there has been a large increase in the options for social monitoring,
including ones that will fit a variety of budgets from paid to free.
The below is a short synopsis of some of the social monitoring tools that can be used to measure and track social media, both paid and free.
Lithium is a paid social media monitoring service that organizations can get for about $1,500 each month. It analyzes social media content from Twitter, blogs, mainstream news, photo and video sharing sites, forums and comments. One of the reasons Lithium is a great monitoring site to consider is that it’s searching ability give organizations access to millions of social media resources, therefore helping to ensure that no discussions go unnoticed. Tapping into this large network leaves less room for error. Another reason Lithium is useful is because of its automated sentiment, which shows the real-time tone and sentiment of social mentions. Finally, Lithium also has a feature called Quotes, which allows you to see what your customers are saying about your brand, allowing you to see any red flags/negative comments early on so the organization can respond immediately.
Social Mention (Free)
Social mention is a free social monitoring service that conducts social media searches and analysis, working similarly to Google Alerts. This service is great because it takes content from a variety of sources and creates a single stream of information. It actually monitors and measures what is being said about your company in more than 100 social media venues, giving you quite good coverage of the social world for free. Another component I like about this service is that you can receive instant notifications of conversations happening across all of the venues. Again, knowing earlier can help diffuse a negative situation.
Social.Media.Tracking (Free)
This social media tool is mainly focused on Facebook, but I still think this would be valuable for an organization. Depending on the intensity of an organizations social strategy (some might use 10 social platforms, while others might only use one, being Facebook), they might only be using one social media platform (more than likely Facebook or Twitter). Social Media Tracking is very useful because it tracks the performance of Facebook pages in a competitive environment. For free, you are able to compare the performance of your facebook page to two competitors. I also think Social Media Tracking is a great option if the budget is tight, but you are looking for some basic measurement platforms.
Addict-o-matic (Free)
This tool helps organizations search the web for the latest news, blog posts, videos and images. It is fairly straightforward and easy to use. While it does not have analytics tools, what it can do is create individual pages based on the attest buzz on any topic. This is helpful for the user because it allows you to keep one topic in one area and go back to it constantly for updates. You can also keep track of headlines so you know what people are talking about, which might influence what your organization decides to discuss. This platform also has access to some of the top blogs and news sources, which is helpful to know that you are getting the best results for your organization.
While the paid tools do provide an organization with more analysis, I think that determining what will work best is completely individual and based upon the organization. There are great analytics tools available that will allow users to track a variety of information at a low cost or for free. I’m also sure there are more of these tools in the works, so in no time, my list of tools is sure to change.