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Vestor Logic

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Social Media Monitoring and Analysis: 2 Great Tools

January 25, 2011 by Kelli Ziegler

Through social media, people are connecting, sharing opinions with others at all times of the day. The party, so to speak, is never-ending. In a perfect world this works to your brand’s advantage.  When someone has a positive experience with your brand they can go public immediately and share not only that experience but their excitement—while it’s still fresh—with their friends and followers.

Knowing what your fans, and detractors, are saying about your brand is essential in today’s connected business environment.  But how can a company, large or small, keep track of the constant chatter being generated?

Quite simply, as it turns out. By employing social media monitoring platforms you can now listen in, actually know what others are saying about your brand. Let’s take a look at two that we feel are worth the time and resource allocation:

Argyle

The first social media monitoring platforms is Argyle, a small company which focuses on solid data relating to your brand.  By setting up an account and providing keywords, Argyle monitors social media brand mentions, analyzes the volume and content of those mentions and reports the online interaction to you or the relevant member of your team.  Their detailed data can follow the reactions to each post or tweet to let you see the overall effect of your social media efforts.  Your social media presence is organized in one place. With Argyle, you can also schedule posts and updates even when you’re away.

Radian6

The second tool is Radian6, a larger company that offers enterprise-level social media monitoring and analysis of what’s being said about you by whom, where, how often, and the duration of the talk.  One of the most effective tools available through Radian6 is the ability to monitor who is advocating your brand online, allowing you to nurture those integral relationships.   Brands can also use Radian6 to monitor the mentions of their competition, as well as their own. Since a tool is only as powerful as the user’s ability, Radian6 provides on-site training to insure that you are utilizing their platform most effectively.

How Vestor Logic can help

The data generated by these tools is just the first piece of the puzzle. To effectively take action, you’ll need that data analyzed and organized in a way that makes sense for your team, and strategic guidance on where to go next.

Depending on your level of need and the size of your brand, Vestor Logic can help you choose the appropriate monitoring tool for your brand.  We will create a social media listening channel allowing us to monitor your brand mentions. We’ll know what people are saying about your brand, where this talk is happening, and who’s initiating the conversation; allowing you the opportunity to stay in front of the talk and to respond to your advantage.  Vestor Logic will also provide brand-specific social media analysis in the form of detailed, plain-English reports, affording you at-a-glance understanding of the trends and interests influencing your customers.

Armed with this crucial insight, social media monitoring will be the most valuable tool in your social media program.

Never leave the party.  Contact us to get started.

Filed Under: Featured, Listening, Social Media Tagged With: listening channel, Social Media, social media and businesses, social media monitoring, strategy

Discovery Workshop – Sheetz Inc

March 15, 2010 by Tim Miner

Click here for the full .pdf presentation notes and sources with links

Filed Under: Uncategorized Tagged With: discovery, sheetz, strategy, workshop

Managing your social media expectations

October 29, 2009 by Tim Miner

I speak to our clients hundreds of times throughout our relationship together.  The conversations range from minutia to broad strokes on strategy and without fail the dialogue takes on a life of its own as we delve deeper into the specifics of the client’s strategy.

Often, my generalized ideas about how to help my clients reach success with social media change as I learn more about their business processes and from the information shared during our discovery process.  What starts out as a clear cut idea for success is regularly tested as we move forward.

So how can a social media practitioner, someone that a company turns to for advice and guidance, ensure that the advice they bring to the table is going to stand the test of time?

Here are some of the lessons we’ve learned and most importantly some of the touch points that we focus on to make sure we can help our clients get the most out of their experience with us:

Determine exactly what you (or your client) wants from social media

You can call it goal setting, expectations, results, ROI or any number of other things.  But the fact remains, to help anyone formulate a plan for utilizing social media you must understand exactly what results are expected.  It could be as simple as getting noticed within their peer group or as complex as streamlining their internal business processes across all departments.  You can’t take a shot in the dark, there is no room for slinging crap against the wall and waiting to see what sticks.

Frame your strategy

I think we all know that a strategy is just the beginning.  A great strategy is useless without proper execution and a commitment to rework the strategy as change happens.  The act of posting and being active in social environments alone is destined to fail without a sound strategy to guide your activity.

One of the most crucial activities we engage in with our clients is to frame a strategy focused on the outcomes that our clients are seeking, and to testing that strategy continuously as we move forward.  It is imperative that everyone, whether an individual or a large company,  have that strategy in mind to focus their efforts on actions that are most likely to serve the end goals.  Look at all options, read case studies of those that have come before you, test ideas where possible and try to create a strategy that accounts for as many variables as possible.

A good strategy will include a detailed overview of the goals, ROI benchmarks, players and assets that will be utilized, SEO keywords to target, a profile of the people or businesses that you want to connect and interact with, the social assets that will be necessary to carryout the strategy, the landing pages on your website or blog that will be targeted, and many other key points.

Consistently execute to the details of your strategy

The real work begins once the social media strategy has been created, the key points discussed and tested when possible, and the company is ready to begin executing on the strategy.  Too often, a strategy is created and then the passion begins to wane.  It’s hard work to look at all of the options that COULD work and determine what should be done.

Success in social media will only be possible if you commit to pursuing your strategy with a consistent and diligent effort.  This means taking action that is in concert with your strategy on a daily basis.  You must connect to people and companies that are complimentary to your goals and you must foster an interaction with them in order to see any results.  It takes time and it rarely comes from little effort.

I like the way Chris Brogan described it in a post about a year ago (read the full post titled Remember the Root Goal):

“The main thing is to keep the main thing the main thing. Right?”

Anyone seeking to harness the power of the new social economy must keep this in mind.  Like any other endeavor, it takes diligence and a commitment to continue to push forward.  You never know where your big opportunities will come from or when they will be presented to you.

Don’t expect too much in the short run

One of the biggest hurdles we face as a company that advises others on the use of social media is managing the expectation for success.  Of course, the strategy that we helped create will define what success means but it is often difficult to apply an accurate time line to when success will materialize.  The variables that determine this include the amount of effort that is applied and the willingness for the company to make changes to their strategy as reality and opportunity dictate.

The bottom line is not to expect too much in the short run.

Be flexible

Social activity online is like any other relationship in that you have to nurture it over time, build trust with those that you interact with and then be there when they need you or your services.  Companies that understand this know that it is imperative to make changes to the strategy as flaws are realized or when the landscape changes.  Be flexible and don’t fear situations that may present themselves or assume they are obstacles to your success.  Instead, rethink your strategy and modify it to your advantage.  Very seldom will you find that you hit a wall that you simply cannot climb, or better yet, navigate around.

Fail like Google: “failing fast, but failing smart,”

Ok.  It may sounds naive for me to say that everything can be addressed or used to your advantage but for the most part I have found that to be true.  If you do find that your social activities have produced a reality for you or your organization that cannot be overcome, you do have a Plan B. 

Fail like Google. 

Their mantra of failing fast, but failing smart should resonate with all business owners. Know when to cut your losses and try a different tact. It is better to change course quickly than to continue to apply tactics or a strategy that is proving to be flawed.

We’re not suggesting you simply abandon social media if your goals aren’t being met instantly. Go back to the strategy and reassess. Figure out why an anticipated outcome isn’t happening, and adjust your tactics.

Your social media success certainly comes with a price. Invest the time in the beginning to define what you are willing to do, what your are willing to commit to creating success online. Being prepared will certainly serve your company better than just entering the social media arena with all guns blazing and no plan to speak of.

The big questions are:

  • What does it take for you to be successful with social media?
  • What are you willing to commit for a chance at success? At growth? At securing your company’s future online?
  • What are your goals for participation?
  • How are you going to get there?

Image courtesy of chichacha

Filed Under: Featured, Social Media Tagged With: expectations, Social Media, strategy, success

A step backwards is progress?

August 20, 2009 by Tim Miner

Everyone one of us has done this.  You get a fresh idea, usually late at night, and you fire off to the laptop to caputre it before it escapes you.  I see it with my clients quite often.  They reach that point where social media represents that magic elixir to spark sales and the clear strategy is to create profiles on every social media site they can find in a keyword search.

A day or two after they complete their “setup” phase it hits them…now what?

I encourage each of my clients to look to the strategy and goals first.  Once they know what they want to achieve and have an idea of the big “how” they can start to focus on the minutae by defining tactics that will deliver them the desired results.

My real life example may seem familiar to a lot of people.  I too set up every profile I could so that no one would beat me to the cool username or to at least make sure I wasn’t missing anything cool on this new service with 25 users.  Then it hit me…”now what?”.

The Facebook – FriendFeed drama led me to my most recent review, a closer look at my social media footprint and some drastic slashing and burning.  I cleaned out my bookmarks, reordered my browser’s link toolbar and unsubscribed from a plethora of feeds that have brought me little if any value since my last purge.  I even moved a few profiles to the background of my daily life.

Taking a step backwards feels really good, great in fact.  During the spring cleaning of my list of feeds I rediscovered a few old classics.  I added a few new ones and not surprisingly, this morning found myself ready to dive in full steam.

Taking a step backwards brought clarity, a sense of accomplishment at 8:29am and I would argue a noted level of progress for today…and I am just getting started!

Have you cleaned out your social media closet lately?  I’d like to hear your story.

The illustration courtesy of: everydaypants / CC BY 2.0

Filed Under: Featured, Social Media Tagged With: feeds, Social Media, strategy

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