SlideShare a Scribd company logo
1 of 19
Download to read offline
HOW TO HARNESS
THE POWER OF REAL-TIME
SOCIAL MEDIA INSIGHTS
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 2
Introduction	 3
Have you developed your social media strategy?	 4
The power of real-time social insights	 5
The biggest social media challenges	 8
Social insights checklist	 12
How to gather live insights	 13
CONTENTS
3
INTRODUCTION
Social media is part of everyday life for your
customers. With 2.3 billion active users
worldwide, there is no question that social
networks are an established part of the
modern media landscape. Amazingly 80%
of SME’s in Australia do not have a social
media strategy and 33% have a social media
presence1
, however if you lack a strategy
then you will find it difficult to measure
your investment.
1
Sensis Social Media Report May 2015
WHAT HAPPENS
IN AN INTERNET MINUTE?
2.78M
Video Views
20.8M+
Messages
701,389
Facebook
logins
69,444
Hours
watched
972,222
Swipes
2.4M
Search
queries
38,052
Hours of music
1.04M
Vine loops
38,194
Posts to
instagram
347,222
New Tweets
120+
New Linkedin
accounts
$203,596
In sales
$51,000
App downloads
from Apple
527,760
Photos shared
1,389
Uber rides
150M
Emails sent
60SECONDS
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 4
If the answer is no, you are missing out. With customers engaging on social 24 hours
a day, you have access to a valuable source of real-time insights that will inform your
understanding of your business and your customers. Social media is a living and
breathing entity that changes every second. Your organisation needs to be on top of
it if you want to reap real business benefits and engage customers.
HAVE YOU DEVELOPED YOUR
SOCIAL MEDIA STRATEGY?
THE POWER OF REAL-TIME SOCIAL INSIGHTS
YOUR CUSTOMERS ARE CENTRAL TO YOUR BUSINESS SUCCESS. PROMOTING YOUR BRAND ON SOCIAL
MEDIA PUTS YOU IN DIRECT CONTACT WITH YOUR BIGGEST FANS AND CRITICS. YOU NEED TO PLAN
WHAT MESSAGES YOU WANT TO PUBLISH AND BE PREPARED FOR THE INEVITABLE FEEDBACK BOTH
POSITIVE AND NEGATIVE.
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 5
The increase in social media engagement can largely be
attributed to the increase in the adoption of smartphones
as consumers’ main digital device. Smartphones mean that
consumers can engage with social media at any given time
throughout the day: while waiting in line for a coffee or on
the treadmill at the gym. They’re constantly viewing, liking,
commenting, tweeting, and sharing content.
With so many customers engaging with your brand at any
given time, it’s important to monitor interactions in real time
so you can respond quickly. If someone tweets something
damaging to your brand, you want to know about it straight
away. Similarly, if an influencer shares glowing praise, live
insights will help you leverage their influence, while a quick
response will strengthen the relationship.
The brands with the most successful social media strategies
are building a community of active followers and engaging
in conversations. Whether your customers are spending
time on Facebook or LinkedIn, you need to constantly
monitor what they’re posting and engaging with. With the
right strategy in place, you can generate useful insights
about your customers, products and brand that have a real
impact on revenue. Here are some of the main benefits of
live social media monitoring:
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 6
CUSTOMER SUPPORT
Customers are increasingly turning
to social networks to air frustrations,
make complaints or ask questions.
A Lithium Technologies survey
found that 78 per cent of people
who complain to a brand via Twitter
expect a response within an hour.
This kind of prompt reply is difficult if
you’re not monitoring in real-time. If
there’s a rush of customers making
similar complaints, live insights can
help you identify problems quickly
and immediately take action. This can
also point to issues with your other
customer service channels, which
will help you to improve the overall
customer experience.
IDENTIFY OPPORTUNITIES
By staying up-to-date with what your
customers are talking about, you
can identify opportunities to join the
conversation. Tracking feedback
trends will also identify potential
product improvements based on
how they’re being used. Monitoring
rival brands offers useful competitive
insights. Identifying a gap in the
conversation or tracking customer
perception of their products and
services will help you pinpoint
strategic opportunities for your
business.
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 77
IMPROVE STRATEGIES
Social media also has a direct
impact on revenue. With customers
conducting their own research online
before making a purchasing decision,
social media pages can play a big role
in positioning your brand. Sensis found
that 41 per cent of consumers inspect a
brand’s social media presence before
making an online purchase. Gathering
insights from the type of content your
followers interact with will help improve
your company’s social strategy,
boosting the customer’s perception of
your business.
“With customers engaging on
social 24 hours a day, you have
access to a valuable source of
real-time insights that will inform your
understanding of your business and
your customers. Your organisation
needs to be on top of it if you want
to reap real business benefits and
engage customers.”
8
THE BIGGEST SOCIAL MEDIA CHALLENGES
GATHERING REAL-TIME INSIGHTS FROM SOCIAL MEDIA CAN BE CHALLENGING, ESPECIALLY IF YOU
HAVE LIMITED RESOURCES OR LITTLE EXPERIENCE WITH ONLINE COMMUNITY MANAGEMENT. FIGURING
OUT HOW TO DEAL WITH THESE CHALLENGES IS THE FIRST STEP WHEN CONSIDERING A MORE ACTIVE
SOCIAL MEDIA APPROACH:
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 9
MANAGING
OVERWHELMING VOLUME
The sheer volume of content being
shared on social networks can be
overwhelming. With more than
30 million messages posted on
Facebook every minute, how can
you zero in on the ones that are
most important for your business?
Having a clear understanding of what
insights you’re looking for will help
you skip to the most relevant content.
Notifications for particular influencers
or keyword alerts will also help you
monitor in real-time without scrolling
endlessly through feeds.
BEING CONSTANTLY
RESPONSIVE
Social media is constantly updating,
so staying on top of it at all times
is almost impossible. At the same
time, you need to be across any
major events so you can respond
quickly. If your company receives
an avalanche of complaints over
a weekend, but there is nobody
monitoring your accounts until
Monday morning, customers will be
even more frustrated by your slow
response. You need clearly defined
policies about monitoring social
channels outside of business hours.
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 10
HAVING CLEAR
OWNERSHIP ON POLICIES
Without clear escalation policies
or defined roles, your social media
accounts can quickly get out of
hand. Responding to issues quickly
is critical but you also don’t want
to make matters worse with a reply
that positions your business in a
bad light. When joining real-time
conversations, it’s important to have
clear direction on style and tone,
so you don’t have a fragmented
approach when different employees
are managing your accounts.
PROVIDING SUFFICIENT
RESOURCES
To generate insights and engage
customers in real-time, you need to
have enough resources to monitor,
respond to customers and schedule
content, otherwise your team will
find themselves working on social
around the clock. It’s a good idea
to have extra staff trained on your
strategy so they can respond to
comments in the event of an issue,
or monitor trends and responses
during a particularly busy time like
an event or launch.
KEEPING UP WITH
VISUAL CONTENT
Monitoring trending hashtags or
comments is one thing, but social
media is increasingly focused on
visuals with the rise of Instagram and
Pinterest. Tracking visual content is
much more time-consuming because
you need to watch videos in full
and look closely at images to make
sure your brand isn’t associated with
anything inappropriate.
“To generate insights and engage
customers in real-time, you need
to have enough resources to
monitor, respond to customers
and schedule content. Without
sufficient resources, your team
will find themselves working on
social around the clock.”
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 11
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 12
SOCIAL INSIGHTS CHECKLIST
MARKET RESEARCH
	Gather information about your target
audience
	Identify trending topics in your industry
	Keep an eye on changes or industry shifts
BRAND MONITORING
	Identify people talking about your brand
	Monitor engagement with your content
	Track common topics of interest or issues
CUSTOMER SENTIMENT
	What is the tone and sentiment of people
discussing your brand?
	Identify positive and negative themes
	Look for people talking to you, as well as
about you
COMPETITIVE RESEARCH
	Monitor the social media activity of competitors
	Track what consumers are saying about them
	What content are their followers engaging with?
AUDIENCE SEGMENTS
	Segment your audience by demographics
like industry, location or job function
	What is the sentiment across these different
segments?
	Identify the topics that are trending within
each group
INFLUENCER CONTENT
	What content are relevant influencers sharing?
	Look for content you can leverage or share
	Keep an eye out for influencers mentioning
your brand
GEOGRAPHIC TRENDS
	Track the customer issues experienced
in different locations
	What content is trending in different regions?
	Look out for local events or news that you
can leverage
THE FIRST STEP TO GATHERING
REAL-TIME INSIGHTS IS TO DECIDE
WHAT YOU WANT TO MONITOR.
THIS WILL DEPEND ON YOUR
OVERALL BUSINESS GOALS, BUT
SOCIAL MEDIA CAN PROVIDE
YOU WITH ALL KINDS OF INSIGHTS,
FROM MARKET TRENDS TO
INFORMATION ABOUT YOUR TARGET
AUDIENCE AND COMPETITORS.
HERE’S A CHECKLIST OF SOME
OF THE MOST IMPORTANT
THINGS TO MONITOR, TO HELP
GET YOU STARTED.
13
HOW TO GATHER LIVE INSIGHTS
THE TECHNIQUES YOU USE TO MONITOR SOCIAL MEDIA IN REAL-TIME WILL DEPEND ON YOUR BUDGET,
RESOURCES AND DESIRED OUTCOMES. THE KEY IS TO FIND METHODS THAT INTEGRATE INTO YOUR DAY-
TO-DAY BUSINESS PROCESSES AND CAN BE MANAGED WITHOUT CONSUMING TOO MUCH OF YOUR TIME.
HERE ARE SIX SIMPLE SUGGESTIONS TO GET YOU STARTED:
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 14
MONITOR HASHTAGS
An easy way to monitor social media
is by monitoring relevant hashtags.
In particular, users on Twitter and
Instagram make use of hashtags
to help people to find their content
or provide their posts with context.
These can vary from serious topics
to tongue-in-cheek captions. Monitor
those relevant to your business, such
as industry topics or an official event
hashtag. Looking at all the content
shared with a hashtag will help you
identify trending attitudes or discover
relevant posts.
BRAND MENTIONS
Set up alerts so that you’re notified
whenever anyone mentions your
social media handle, hashtags your
brand name or uses the name of
your business in a post. This will
allow you to see what people are
saying about you, even if they’re
not speaking directly to you. It’s not
always appropriate to join these
conversations, but it helps to gauge
perception of your brand or pinpoint
common customer issues.
If someone does tag your brand,
real-time alerts mean you can
respond straight away.
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 15
EMPLOYEE MENTIONS
Some members of your company will have a prominent public profile or strong personal brand.
Monitor social networks for mentions of these employees so you can share any relevant content that
positions them as thought leaders. Employees with strong social media networks can also help you
to extend your reach, so follow their activity for opportunities to leverage content. Track mentions of
prominent staff, like your CEO, to stay informed of any negative remarks from the public.
Mention and hashtag monitoring tools:
++ To track mentions of your brand, employees or topics of interest across the web, Google Alerts
is a free tool which will send you updates for every mention or a regular summary.
++ Social scheduling tool Hootsuite will provide you with a live stream of any posts including
a particular keyword or hashtag, such as your brand name.
++ More comprehensive tools such as NUVI and Heartbeat also provide extensive keyword
and hashtag analytics in a live, user-friendly dashboard, as well as mobile alerts.
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 16
INFLUENCER MONITORING
Identify relevant influencers for your business – these are likely to be people within your industry
with huge social networks, high-profile bloggers or online personalities who receive media attention.
Monitoring the content influencers are producing can help to identify industry trends, as well as the
content your customers are likely to be interested in. By tracking it in real-time you will quickly discover
opportunities to join in or share posts with the hope of reaching a wider audience.
Influencer monitoring tools:
++ Klout provides people or brands with a social influence score between 1-100, based on the
engagement, response and discussion they generate across their social platforms.
++ Buzzsumo will allow you to search for key influencers in a topic area or location and filter lists by
authority, reach, engagement and more.
++ Followerwonk will help you connect with new influencers in your industry. You can also compare
influencers to determine who is most relevant for your specific content.
HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 17
LOCATION ACTIVITY
Track social content being produced
from a certain location. This is
particularly useful if you have a
physical store or are hosting an event.
You can keep an eye on relevant
posts from a particular location, even
if they don’t use your brand name or
hashtag. This will allow you to identify
instances of poor customer service,
uncover new opportunities and
monitor event-related posts.
Location activity tools:
++ NUVI includes a unique tool that
allows you to pinpoint social
media posts on a map, enabling
you to determine where brand
mentions or complaints are
predominantly situated.
++ This tool will also allow you to
define a very specific location,
such as an event venue or
postcode, so you can monitor
and engage with posts from
a particular place in real-time.
HOW TO REMOVE BARRIERS TO INNOVATION WITH THE CLOUD | Developed and Produced by SMS Management & Technology 18
REAL-TIME DASHBOARD
The best way to actively listen to conversations and monitor insights is by setting up a real-time
dashboard. There are many dashboard tools available with comparative functionality, whichever option
you select make sure all of your major platforms and metrics are included. With a dashboard updating in
real-time, your team can look in one place to measure sentiments, trends, alerts and activity on your own
posts. This reduces the resources needed to look at multiple channels and allows you to respond quickly.
Real-time dashboard tools:
++ Dashboard tools such as NUVI and Heartbeat present live social media data in easy to
understand visualisations.
++ NUVI provides real-time monitoring of competitor mentions, positive or negative sentiment trends
and live updates on your reach and engagement.
++ Heartbeat will display mentions from 189 countries and make sense of posts in 186 languages.
You can also tag specific conversations for easy monitoring or analysis.
++ Radian6 extends monitoring beyond social media to listen to blogs, news and more.
This means you can leverage content on social in real-time, or respond to issues in the media.
ABOUT SMS
A leader in advisory, solutions and managed services, SMS cultivates innovation, digital,
mobile and design-led business and technology capability to empower organisations
across all industry sectors. With over 1700 staff across Asia Pacific, SMS promotes and
delivers next-generation customer-centric outcomes for our clients.
smsmt.com

More Related Content

What's hot

Measuring social media RoI
Measuring social media RoIMeasuring social media RoI
Measuring social media RoIPrayukth K V
 
2014 Q1 Social Intelligence Report by Adobe Digital Index
2014 Q1 Social Intelligence Report by Adobe Digital Index2014 Q1 Social Intelligence Report by Adobe Digital Index
2014 Q1 Social Intelligence Report by Adobe Digital IndexYeen Chalermvongsenee
 
Your Brand Sux - Turning Social Sentiment into Opportunity
Your Brand Sux - Turning Social Sentiment into OpportunityYour Brand Sux - Turning Social Sentiment into Opportunity
Your Brand Sux - Turning Social Sentiment into OpportunityMicrosoft India
 
Service Push Discovery Framework
Service  Push  Discovery  FrameworkService  Push  Discovery  Framework
Service Push Discovery FrameworkJohn Perez
 
What Is The State Of Healthcare Content Marketing?
What Is The State Of Healthcare Content Marketing?What Is The State Of Healthcare Content Marketing?
What Is The State Of Healthcare Content Marketing?Dr. William J. Ward
 
Advanced Social Media Monitoring
Advanced Social Media MonitoringAdvanced Social Media Monitoring
Advanced Social Media MonitoringBlake Robinson
 
Analytics For Social Media Marketing
Analytics For Social Media MarketingAnalytics For Social Media Marketing
Analytics For Social Media MarketingRegalix
 
The rise of the social advertiser pivot july 2011
The rise of the social advertiser pivot july 2011The rise of the social advertiser pivot july 2011
The rise of the social advertiser pivot july 2011ricardodepaula
 
Social and Cloud Marketing Impact on Businesses
Social and Cloud Marketing Impact on BusinessesSocial and Cloud Marketing Impact on Businesses
Social and Cloud Marketing Impact on BusinessesSaumya Verma
 
Social Media and its role in communications
Social Media and its role in communicationsSocial Media and its role in communications
Social Media and its role in communicationsMedia Manoeuvres
 
eMarketer Webinar: Social Marketing Trends for 2016
eMarketer Webinar: Social Marketing Trends for 2016eMarketer Webinar: Social Marketing Trends for 2016
eMarketer Webinar: Social Marketing Trends for 2016eMarketer
 
Social Media : The Future of PR
Social Media : The Future of PRSocial Media : The Future of PR
Social Media : The Future of PRSally Falkow
 
PMCA Digital Marketing & Social Media Marketing Seminar
PMCA Digital Marketing & Social Media Marketing Seminar PMCA Digital Marketing & Social Media Marketing Seminar
PMCA Digital Marketing & Social Media Marketing Seminar Marni Blythe Borelli
 
Global Gateway Social Media Marketing
Global Gateway Social Media MarketingGlobal Gateway Social Media Marketing
Global Gateway Social Media Marketingtheonlyelina
 
How to converge Media: 3 Steps to Bring Together Paid, Owned & Earned
How to converge Media: 3 Steps to Bring Together Paid, Owned & EarnedHow to converge Media: 3 Steps to Bring Together Paid, Owned & Earned
How to converge Media: 3 Steps to Bring Together Paid, Owned & EarnedAndrea Berberich
 
Chapter 5: Building Your Social Business Command Center
Chapter 5: Building Your Social Business Command CenterChapter 5: Building Your Social Business Command Center
Chapter 5: Building Your Social Business Command CenterMichael Brito | Zeno Group
 

What's hot (19)

Definitive guide-to-social-marketing
Definitive guide-to-social-marketingDefinitive guide-to-social-marketing
Definitive guide-to-social-marketing
 
Measuring social media RoI
Measuring social media RoIMeasuring social media RoI
Measuring social media RoI
 
2014 Q1 Social Intelligence Report by Adobe Digital Index
2014 Q1 Social Intelligence Report by Adobe Digital Index2014 Q1 Social Intelligence Report by Adobe Digital Index
2014 Q1 Social Intelligence Report by Adobe Digital Index
 
Your Brand Sux - Turning Social Sentiment into Opportunity
Your Brand Sux - Turning Social Sentiment into OpportunityYour Brand Sux - Turning Social Sentiment into Opportunity
Your Brand Sux - Turning Social Sentiment into Opportunity
 
Service Push Discovery Framework
Service  Push  Discovery  FrameworkService  Push  Discovery  Framework
Service Push Discovery Framework
 
What Is The State Of Healthcare Content Marketing?
What Is The State Of Healthcare Content Marketing?What Is The State Of Healthcare Content Marketing?
What Is The State Of Healthcare Content Marketing?
 
Advanced Social Media Monitoring
Advanced Social Media MonitoringAdvanced Social Media Monitoring
Advanced Social Media Monitoring
 
Analytics For Social Media Marketing
Analytics For Social Media MarketingAnalytics For Social Media Marketing
Analytics For Social Media Marketing
 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media Marketing
 
The State of Influencer Marketing 2018 in Indonesia - Kupas Tuntas Tren Pemas...
The State of Influencer Marketing 2018 in Indonesia - Kupas Tuntas Tren Pemas...The State of Influencer Marketing 2018 in Indonesia - Kupas Tuntas Tren Pemas...
The State of Influencer Marketing 2018 in Indonesia - Kupas Tuntas Tren Pemas...
 
The rise of the social advertiser pivot july 2011
The rise of the social advertiser pivot july 2011The rise of the social advertiser pivot july 2011
The rise of the social advertiser pivot july 2011
 
Social and Cloud Marketing Impact on Businesses
Social and Cloud Marketing Impact on BusinessesSocial and Cloud Marketing Impact on Businesses
Social and Cloud Marketing Impact on Businesses
 
Social Media and its role in communications
Social Media and its role in communicationsSocial Media and its role in communications
Social Media and its role in communications
 
eMarketer Webinar: Social Marketing Trends for 2016
eMarketer Webinar: Social Marketing Trends for 2016eMarketer Webinar: Social Marketing Trends for 2016
eMarketer Webinar: Social Marketing Trends for 2016
 
Social Media : The Future of PR
Social Media : The Future of PRSocial Media : The Future of PR
Social Media : The Future of PR
 
PMCA Digital Marketing & Social Media Marketing Seminar
PMCA Digital Marketing & Social Media Marketing Seminar PMCA Digital Marketing & Social Media Marketing Seminar
PMCA Digital Marketing & Social Media Marketing Seminar
 
Global Gateway Social Media Marketing
Global Gateway Social Media MarketingGlobal Gateway Social Media Marketing
Global Gateway Social Media Marketing
 
How to converge Media: 3 Steps to Bring Together Paid, Owned & Earned
How to converge Media: 3 Steps to Bring Together Paid, Owned & EarnedHow to converge Media: 3 Steps to Bring Together Paid, Owned & Earned
How to converge Media: 3 Steps to Bring Together Paid, Owned & Earned
 
Chapter 5: Building Your Social Business Command Center
Chapter 5: Building Your Social Business Command CenterChapter 5: Building Your Social Business Command Center
Chapter 5: Building Your Social Business Command Center
 

Similar to eBook - How to Harness the Power of real-time Social Media Insights

Finance ebook synthesio (2)
Finance ebook synthesio (2)Finance ebook synthesio (2)
Finance ebook synthesio (2)Julie Meredith
 
Viral Vibes in 2024: How to Elevate Your Business' Social Media Marketing
Viral Vibes in 2024: How to Elevate Your Business' Social Media MarketingViral Vibes in 2024: How to Elevate Your Business' Social Media Marketing
Viral Vibes in 2024: How to Elevate Your Business' Social Media MarketingJomer Gregorio
 
Whitepaper Social Media Conversation
Whitepaper Social Media ConversationWhitepaper Social Media Conversation
Whitepaper Social Media ConversationRalph Paglia
 
Social Media Conversation
Social Media ConversationSocial Media Conversation
Social Media ConversationRalph Paglia
 
Social media marketing social media analytics
Social media marketing social media analyticsSocial media marketing social media analytics
Social media marketing social media analyticsabir hossain
 
Social Listening Platforms.pdf
Social Listening Platforms.pdfSocial Listening Platforms.pdf
Social Listening Platforms.pdfCiente
 
8 ways to properly promote your business on social media
8 ways to properly promote your business on social media8 ways to properly promote your business on social media
8 ways to properly promote your business on social mediaLamar G Marketing Tree
 
8 ways to properly promote your business on social media
8 ways to properly promote your business on social media8 ways to properly promote your business on social media
8 ways to properly promote your business on social mediaLamar G Marketing Tree
 
10 ways social media monitoring builds brands and drives sales
10 ways social media monitoring builds brands and drives sales10 ways social media monitoring builds brands and drives sales
10 ways social media monitoring builds brands and drives salesMarketwired
 
Social Listening in Practice: Social Selling
Social Listening in Practice: Social SellingSocial Listening in Practice: Social Selling
Social Listening in Practice: Social SellingBrandwatch
 
Financial Advisor's Guide To Social Media Policy and Strategy
Financial Advisor's Guide To Social Media Policy and StrategyFinancial Advisor's Guide To Social Media Policy and Strategy
Financial Advisor's Guide To Social Media Policy and StrategySmarsh
 
Social media marketing
Social media  marketingSocial media  marketing
Social media marketingniraj joshi
 
Organic Social Media
Organic Social MediaOrganic Social Media
Organic Social MediaJaspar Weir
 
Managing Customer Care with Social Media
Managing Customer Care with Social MediaManaging Customer Care with Social Media
Managing Customer Care with Social Media@liveconx.com
 
Developing your social media strategy in 7 steps
Developing your social media strategy in 7 stepsDeveloping your social media strategy in 7 steps
Developing your social media strategy in 7 stepsAudacious Leap
 
Winning at Social - 4 Steps to Enhance Your Social Media Strategy
Winning at Social - 4 Steps to Enhance Your Social Media StrategyWinning at Social - 4 Steps to Enhance Your Social Media Strategy
Winning at Social - 4 Steps to Enhance Your Social Media StrategyEvgeny Tsarkov
 
Social media communications strategy by Robin Gurney
Social media communications strategy by Robin GurneySocial media communications strategy by Robin Gurney
Social media communications strategy by Robin GurneyAltex Marketing OÜ
 
Social Media Intelligence
Social Media IntelligenceSocial Media Intelligence
Social Media IntelligenceInData Labs
 

Similar to eBook - How to Harness the Power of real-time Social Media Insights (20)

Finance ebook synthesio (2)
Finance ebook synthesio (2)Finance ebook synthesio (2)
Finance ebook synthesio (2)
 
Viral Vibes in 2024: How to Elevate Your Business' Social Media Marketing
Viral Vibes in 2024: How to Elevate Your Business' Social Media MarketingViral Vibes in 2024: How to Elevate Your Business' Social Media Marketing
Viral Vibes in 2024: How to Elevate Your Business' Social Media Marketing
 
Whitepaper Social Media Conversation
Whitepaper Social Media ConversationWhitepaper Social Media Conversation
Whitepaper Social Media Conversation
 
Social Media Conversation
Social Media ConversationSocial Media Conversation
Social Media Conversation
 
Social media marketing social media analytics
Social media marketing social media analyticsSocial media marketing social media analytics
Social media marketing social media analytics
 
Social Listening Platforms.pdf
Social Listening Platforms.pdfSocial Listening Platforms.pdf
Social Listening Platforms.pdf
 
Msm launch your marketing
Msm launch your marketingMsm launch your marketing
Msm launch your marketing
 
8 ways to properly promote your business on social media
8 ways to properly promote your business on social media8 ways to properly promote your business on social media
8 ways to properly promote your business on social media
 
8 ways to properly promote your business on social media
8 ways to properly promote your business on social media8 ways to properly promote your business on social media
8 ways to properly promote your business on social media
 
10 ways social media monitoring builds brands and drives sales
10 ways social media monitoring builds brands and drives sales10 ways social media monitoring builds brands and drives sales
10 ways social media monitoring builds brands and drives sales
 
Social Listening in Practice: Social Selling
Social Listening in Practice: Social SellingSocial Listening in Practice: Social Selling
Social Listening in Practice: Social Selling
 
Financial Advisor's Guide To Social Media Policy and Strategy
Financial Advisor's Guide To Social Media Policy and StrategyFinancial Advisor's Guide To Social Media Policy and Strategy
Financial Advisor's Guide To Social Media Policy and Strategy
 
Social media marketing
Social media  marketingSocial media  marketing
Social media marketing
 
Organic Social Media
Organic Social MediaOrganic Social Media
Organic Social Media
 
Managing Customer Care with Social Media
Managing Customer Care with Social MediaManaging Customer Care with Social Media
Managing Customer Care with Social Media
 
Developing your social media strategy in 7 steps
Developing your social media strategy in 7 stepsDeveloping your social media strategy in 7 steps
Developing your social media strategy in 7 steps
 
Winning at Social - 4 Steps to Enhance Your Social Media Strategy
Winning at Social - 4 Steps to Enhance Your Social Media StrategyWinning at Social - 4 Steps to Enhance Your Social Media Strategy
Winning at Social - 4 Steps to Enhance Your Social Media Strategy
 
Social media communications strategy by Robin Gurney
Social media communications strategy by Robin GurneySocial media communications strategy by Robin Gurney
Social media communications strategy by Robin Gurney
 
Small Steps for Creating Big Results with Social Media
Small Steps for Creating Big Results with Social MediaSmall Steps for Creating Big Results with Social Media
Small Steps for Creating Big Results with Social Media
 
Social Media Intelligence
Social Media IntelligenceSocial Media Intelligence
Social Media Intelligence
 

More from Hannah Stevens

Brochure - Analytics in the Cloud
Brochure - Analytics in the CloudBrochure - Analytics in the Cloud
Brochure - Analytics in the CloudHannah Stevens
 
Customer Reference - Tesltra Super - Design Thinking Dynamics CRM Implementation
Customer Reference - Tesltra Super - Design Thinking Dynamics CRM ImplementationCustomer Reference - Tesltra Super - Design Thinking Dynamics CRM Implementation
Customer Reference - Tesltra Super - Design Thinking Dynamics CRM ImplementationHannah Stevens
 
Customer Reference - Sustainability Victoria - Agile Dynamics CRM Implementation
Customer Reference - Sustainability Victoria - Agile Dynamics CRM ImplementationCustomer Reference - Sustainability Victoria - Agile Dynamics CRM Implementation
Customer Reference - Sustainability Victoria - Agile Dynamics CRM ImplementationHannah Stevens
 
Customer Reference - ANZ - Empire Project
Customer Reference - ANZ - Empire ProjectCustomer Reference - ANZ - Empire Project
Customer Reference - ANZ - Empire ProjectHannah Stevens
 
Brochure - Customer Solutions
Brochure - Customer SolutionsBrochure - Customer Solutions
Brochure - Customer SolutionsHannah Stevens
 

More from Hannah Stevens (6)

SMS Company Overview
SMS Company OverviewSMS Company Overview
SMS Company Overview
 
Brochure - Analytics in the Cloud
Brochure - Analytics in the CloudBrochure - Analytics in the Cloud
Brochure - Analytics in the Cloud
 
Customer Reference - Tesltra Super - Design Thinking Dynamics CRM Implementation
Customer Reference - Tesltra Super - Design Thinking Dynamics CRM ImplementationCustomer Reference - Tesltra Super - Design Thinking Dynamics CRM Implementation
Customer Reference - Tesltra Super - Design Thinking Dynamics CRM Implementation
 
Customer Reference - Sustainability Victoria - Agile Dynamics CRM Implementation
Customer Reference - Sustainability Victoria - Agile Dynamics CRM ImplementationCustomer Reference - Sustainability Victoria - Agile Dynamics CRM Implementation
Customer Reference - Sustainability Victoria - Agile Dynamics CRM Implementation
 
Customer Reference - ANZ - Empire Project
Customer Reference - ANZ - Empire ProjectCustomer Reference - ANZ - Empire Project
Customer Reference - ANZ - Empire Project
 
Brochure - Customer Solutions
Brochure - Customer SolutionsBrochure - Customer Solutions
Brochure - Customer Solutions
 

eBook - How to Harness the Power of real-time Social Media Insights

  • 1. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS
  • 2. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 2 Introduction 3 Have you developed your social media strategy? 4 The power of real-time social insights 5 The biggest social media challenges 8 Social insights checklist 12 How to gather live insights 13 CONTENTS
  • 3. 3 INTRODUCTION Social media is part of everyday life for your customers. With 2.3 billion active users worldwide, there is no question that social networks are an established part of the modern media landscape. Amazingly 80% of SME’s in Australia do not have a social media strategy and 33% have a social media presence1 , however if you lack a strategy then you will find it difficult to measure your investment. 1 Sensis Social Media Report May 2015 WHAT HAPPENS IN AN INTERNET MINUTE? 2.78M Video Views 20.8M+ Messages 701,389 Facebook logins 69,444 Hours watched 972,222 Swipes 2.4M Search queries 38,052 Hours of music 1.04M Vine loops 38,194 Posts to instagram 347,222 New Tweets 120+ New Linkedin accounts $203,596 In sales $51,000 App downloads from Apple 527,760 Photos shared 1,389 Uber rides 150M Emails sent 60SECONDS HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology
  • 4. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 4 If the answer is no, you are missing out. With customers engaging on social 24 hours a day, you have access to a valuable source of real-time insights that will inform your understanding of your business and your customers. Social media is a living and breathing entity that changes every second. Your organisation needs to be on top of it if you want to reap real business benefits and engage customers. HAVE YOU DEVELOPED YOUR SOCIAL MEDIA STRATEGY?
  • 5. THE POWER OF REAL-TIME SOCIAL INSIGHTS YOUR CUSTOMERS ARE CENTRAL TO YOUR BUSINESS SUCCESS. PROMOTING YOUR BRAND ON SOCIAL MEDIA PUTS YOU IN DIRECT CONTACT WITH YOUR BIGGEST FANS AND CRITICS. YOU NEED TO PLAN WHAT MESSAGES YOU WANT TO PUBLISH AND BE PREPARED FOR THE INEVITABLE FEEDBACK BOTH POSITIVE AND NEGATIVE. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 5 The increase in social media engagement can largely be attributed to the increase in the adoption of smartphones as consumers’ main digital device. Smartphones mean that consumers can engage with social media at any given time throughout the day: while waiting in line for a coffee or on the treadmill at the gym. They’re constantly viewing, liking, commenting, tweeting, and sharing content. With so many customers engaging with your brand at any given time, it’s important to monitor interactions in real time so you can respond quickly. If someone tweets something damaging to your brand, you want to know about it straight away. Similarly, if an influencer shares glowing praise, live insights will help you leverage their influence, while a quick response will strengthen the relationship. The brands with the most successful social media strategies are building a community of active followers and engaging in conversations. Whether your customers are spending time on Facebook or LinkedIn, you need to constantly monitor what they’re posting and engaging with. With the right strategy in place, you can generate useful insights about your customers, products and brand that have a real impact on revenue. Here are some of the main benefits of live social media monitoring:
  • 6. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 6 CUSTOMER SUPPORT Customers are increasingly turning to social networks to air frustrations, make complaints or ask questions. A Lithium Technologies survey found that 78 per cent of people who complain to a brand via Twitter expect a response within an hour. This kind of prompt reply is difficult if you’re not monitoring in real-time. If there’s a rush of customers making similar complaints, live insights can help you identify problems quickly and immediately take action. This can also point to issues with your other customer service channels, which will help you to improve the overall customer experience. IDENTIFY OPPORTUNITIES By staying up-to-date with what your customers are talking about, you can identify opportunities to join the conversation. Tracking feedback trends will also identify potential product improvements based on how they’re being used. Monitoring rival brands offers useful competitive insights. Identifying a gap in the conversation or tracking customer perception of their products and services will help you pinpoint strategic opportunities for your business.
  • 7. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 77 IMPROVE STRATEGIES Social media also has a direct impact on revenue. With customers conducting their own research online before making a purchasing decision, social media pages can play a big role in positioning your brand. Sensis found that 41 per cent of consumers inspect a brand’s social media presence before making an online purchase. Gathering insights from the type of content your followers interact with will help improve your company’s social strategy, boosting the customer’s perception of your business. “With customers engaging on social 24 hours a day, you have access to a valuable source of real-time insights that will inform your understanding of your business and your customers. Your organisation needs to be on top of it if you want to reap real business benefits and engage customers.”
  • 8. 8 THE BIGGEST SOCIAL MEDIA CHALLENGES GATHERING REAL-TIME INSIGHTS FROM SOCIAL MEDIA CAN BE CHALLENGING, ESPECIALLY IF YOU HAVE LIMITED RESOURCES OR LITTLE EXPERIENCE WITH ONLINE COMMUNITY MANAGEMENT. FIGURING OUT HOW TO DEAL WITH THESE CHALLENGES IS THE FIRST STEP WHEN CONSIDERING A MORE ACTIVE SOCIAL MEDIA APPROACH: HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology
  • 9. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 9 MANAGING OVERWHELMING VOLUME The sheer volume of content being shared on social networks can be overwhelming. With more than 30 million messages posted on Facebook every minute, how can you zero in on the ones that are most important for your business? Having a clear understanding of what insights you’re looking for will help you skip to the most relevant content. Notifications for particular influencers or keyword alerts will also help you monitor in real-time without scrolling endlessly through feeds. BEING CONSTANTLY RESPONSIVE Social media is constantly updating, so staying on top of it at all times is almost impossible. At the same time, you need to be across any major events so you can respond quickly. If your company receives an avalanche of complaints over a weekend, but there is nobody monitoring your accounts until Monday morning, customers will be even more frustrated by your slow response. You need clearly defined policies about monitoring social channels outside of business hours.
  • 10. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 10 HAVING CLEAR OWNERSHIP ON POLICIES Without clear escalation policies or defined roles, your social media accounts can quickly get out of hand. Responding to issues quickly is critical but you also don’t want to make matters worse with a reply that positions your business in a bad light. When joining real-time conversations, it’s important to have clear direction on style and tone, so you don’t have a fragmented approach when different employees are managing your accounts. PROVIDING SUFFICIENT RESOURCES To generate insights and engage customers in real-time, you need to have enough resources to monitor, respond to customers and schedule content, otherwise your team will find themselves working on social around the clock. It’s a good idea to have extra staff trained on your strategy so they can respond to comments in the event of an issue, or monitor trends and responses during a particularly busy time like an event or launch.
  • 11. KEEPING UP WITH VISUAL CONTENT Monitoring trending hashtags or comments is one thing, but social media is increasingly focused on visuals with the rise of Instagram and Pinterest. Tracking visual content is much more time-consuming because you need to watch videos in full and look closely at images to make sure your brand isn’t associated with anything inappropriate. “To generate insights and engage customers in real-time, you need to have enough resources to monitor, respond to customers and schedule content. Without sufficient resources, your team will find themselves working on social around the clock.” HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 11
  • 12. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 12 SOCIAL INSIGHTS CHECKLIST MARKET RESEARCH Gather information about your target audience Identify trending topics in your industry Keep an eye on changes or industry shifts BRAND MONITORING Identify people talking about your brand Monitor engagement with your content Track common topics of interest or issues CUSTOMER SENTIMENT What is the tone and sentiment of people discussing your brand? Identify positive and negative themes Look for people talking to you, as well as about you COMPETITIVE RESEARCH Monitor the social media activity of competitors Track what consumers are saying about them What content are their followers engaging with? AUDIENCE SEGMENTS Segment your audience by demographics like industry, location or job function What is the sentiment across these different segments? Identify the topics that are trending within each group INFLUENCER CONTENT What content are relevant influencers sharing? Look for content you can leverage or share Keep an eye out for influencers mentioning your brand GEOGRAPHIC TRENDS Track the customer issues experienced in different locations What content is trending in different regions? Look out for local events or news that you can leverage THE FIRST STEP TO GATHERING REAL-TIME INSIGHTS IS TO DECIDE WHAT YOU WANT TO MONITOR. THIS WILL DEPEND ON YOUR OVERALL BUSINESS GOALS, BUT SOCIAL MEDIA CAN PROVIDE YOU WITH ALL KINDS OF INSIGHTS, FROM MARKET TRENDS TO INFORMATION ABOUT YOUR TARGET AUDIENCE AND COMPETITORS. HERE’S A CHECKLIST OF SOME OF THE MOST IMPORTANT THINGS TO MONITOR, TO HELP GET YOU STARTED.
  • 13. 13 HOW TO GATHER LIVE INSIGHTS THE TECHNIQUES YOU USE TO MONITOR SOCIAL MEDIA IN REAL-TIME WILL DEPEND ON YOUR BUDGET, RESOURCES AND DESIRED OUTCOMES. THE KEY IS TO FIND METHODS THAT INTEGRATE INTO YOUR DAY- TO-DAY BUSINESS PROCESSES AND CAN BE MANAGED WITHOUT CONSUMING TOO MUCH OF YOUR TIME. HERE ARE SIX SIMPLE SUGGESTIONS TO GET YOU STARTED: HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology
  • 14. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 14 MONITOR HASHTAGS An easy way to monitor social media is by monitoring relevant hashtags. In particular, users on Twitter and Instagram make use of hashtags to help people to find their content or provide their posts with context. These can vary from serious topics to tongue-in-cheek captions. Monitor those relevant to your business, such as industry topics or an official event hashtag. Looking at all the content shared with a hashtag will help you identify trending attitudes or discover relevant posts. BRAND MENTIONS Set up alerts so that you’re notified whenever anyone mentions your social media handle, hashtags your brand name or uses the name of your business in a post. This will allow you to see what people are saying about you, even if they’re not speaking directly to you. It’s not always appropriate to join these conversations, but it helps to gauge perception of your brand or pinpoint common customer issues. If someone does tag your brand, real-time alerts mean you can respond straight away.
  • 15. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 15 EMPLOYEE MENTIONS Some members of your company will have a prominent public profile or strong personal brand. Monitor social networks for mentions of these employees so you can share any relevant content that positions them as thought leaders. Employees with strong social media networks can also help you to extend your reach, so follow their activity for opportunities to leverage content. Track mentions of prominent staff, like your CEO, to stay informed of any negative remarks from the public. Mention and hashtag monitoring tools: ++ To track mentions of your brand, employees or topics of interest across the web, Google Alerts is a free tool which will send you updates for every mention or a regular summary. ++ Social scheduling tool Hootsuite will provide you with a live stream of any posts including a particular keyword or hashtag, such as your brand name. ++ More comprehensive tools such as NUVI and Heartbeat also provide extensive keyword and hashtag analytics in a live, user-friendly dashboard, as well as mobile alerts.
  • 16. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 16 INFLUENCER MONITORING Identify relevant influencers for your business – these are likely to be people within your industry with huge social networks, high-profile bloggers or online personalities who receive media attention. Monitoring the content influencers are producing can help to identify industry trends, as well as the content your customers are likely to be interested in. By tracking it in real-time you will quickly discover opportunities to join in or share posts with the hope of reaching a wider audience. Influencer monitoring tools: ++ Klout provides people or brands with a social influence score between 1-100, based on the engagement, response and discussion they generate across their social platforms. ++ Buzzsumo will allow you to search for key influencers in a topic area or location and filter lists by authority, reach, engagement and more. ++ Followerwonk will help you connect with new influencers in your industry. You can also compare influencers to determine who is most relevant for your specific content.
  • 17. HOW TO HARNESS THE POWER OF REAL-TIME SOCIAL MEDIA INSIGHTS | Developed and Produced by SMS Management & Technology 17 LOCATION ACTIVITY Track social content being produced from a certain location. This is particularly useful if you have a physical store or are hosting an event. You can keep an eye on relevant posts from a particular location, even if they don’t use your brand name or hashtag. This will allow you to identify instances of poor customer service, uncover new opportunities and monitor event-related posts. Location activity tools: ++ NUVI includes a unique tool that allows you to pinpoint social media posts on a map, enabling you to determine where brand mentions or complaints are predominantly situated. ++ This tool will also allow you to define a very specific location, such as an event venue or postcode, so you can monitor and engage with posts from a particular place in real-time.
  • 18. HOW TO REMOVE BARRIERS TO INNOVATION WITH THE CLOUD | Developed and Produced by SMS Management & Technology 18 REAL-TIME DASHBOARD The best way to actively listen to conversations and monitor insights is by setting up a real-time dashboard. There are many dashboard tools available with comparative functionality, whichever option you select make sure all of your major platforms and metrics are included. With a dashboard updating in real-time, your team can look in one place to measure sentiments, trends, alerts and activity on your own posts. This reduces the resources needed to look at multiple channels and allows you to respond quickly. Real-time dashboard tools: ++ Dashboard tools such as NUVI and Heartbeat present live social media data in easy to understand visualisations. ++ NUVI provides real-time monitoring of competitor mentions, positive or negative sentiment trends and live updates on your reach and engagement. ++ Heartbeat will display mentions from 189 countries and make sense of posts in 186 languages. You can also tag specific conversations for easy monitoring or analysis. ++ Radian6 extends monitoring beyond social media to listen to blogs, news and more. This means you can leverage content on social in real-time, or respond to issues in the media.
  • 19. ABOUT SMS A leader in advisory, solutions and managed services, SMS cultivates innovation, digital, mobile and design-led business and technology capability to empower organisations across all industry sectors. With over 1700 staff across Asia Pacific, SMS promotes and delivers next-generation customer-centric outcomes for our clients. smsmt.com