Top Social Media Monitoring & Measurement Posts of the Week

June 12th, 2009
Posted by: Hannah Del Porto
Posted in Media Measurement, Media Monitoring, Resources

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There is another group of online Zen Masters who would have you believe social media ROI is old school thinking and not in tune with social media Zeitgeist.   In that case, I’ll take’ Old School’ for $100, please.

Still, the question remains – are we better off with this English-garden growth of discussions, forums, white-paper symposiums, or do we need “one ring to bind them all?”

The real power of social media marketing is when it becomes integrated into all sorts of communications and marketing – ALL sorts.

But for some reason there really seems to have been a perfect storm for Twitter, as already some people have come up with some really valuable metrics to measure how well you are performing on the site.

While I’m not saying social media campaigns should replace advertising, the comparison will be highly useful to marketers attempting to justify spending a portion of limited budgets on social media.

Regardless of whether a marketer relies on their own industriousness or a paid product, it is critical that industry executives recognize the importance of measuring social media endeavours. As Fox says, “If you can’t measure it, you can’t manage it.”

Social media and specifically measuring and tracking its impact is not difficult. It’s time consuming. It’s meticulous, and takes thought and insight. But it’s not hard.

What are your customers measuring? By looking at how they define value, then you get yourself aligned to them as closely as possible. Answering this question sets your company up for value creation, which then unlocks the ability to gain something from that value, then you have to start here.

If you’re using social media for business, you need a social media monitoring strategy. Period. Here’s why and what to do about it.

In response to e-mail, this column will address measuring the impact of the social Web on your business and using what you learn to move forward.

Unless you’re in a super-niche or groundbreaking industry, you’ve got competition. You’re likely not the only game in town, so if someone isn’t talking about you, they may very well be talking about your competitors, and you can learn a lot about what they’re saying.

A transition that would likely have sparked a firestorm of debate in Nielsen’s core medium of television – a complete overhaul of the system it uses to produce its audience estimates – has gone virtually unnoticed in the online industry.

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One Response to “Top Social Media Monitoring & Measurement Posts of the Week”

  1. ImpactWatch » Blog Archive » Top Social Media Monitoring & Measurement Posts of the Week Says:

    [...] Social Media’s ROI Through Monitoring and Participation – AMA Webinar – See Last Week’s Top Posts – Follow Hannah on [...]

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