klout

Social Media Monitoring 2014 techniques and outlook

Customers who buy into a social media monitoring solution in 2014 want a page of insights backed by a “living” appendix. The “living” appendix is your technical solution where the customer can study the evidence for your insights. This evidence, in today’s real-time world, is a simple interface in the form of a mobile app that delivers abundant examples supporting the insights on your one-page.

Once the customer of social media monitoring feels confident in this insight-evidence system, he/she will ask you for ways to grow a business based upon the insights. One of the best ways to build a business based on insights from social media is a robust CRM (Customer Relationship Management data set). A robust CRM means that you have taken every person talking about a topic online and discovered their real name, current address, current mobile/landline, current email, current social links and examples of their interest (tweets, posts, comments).

When you have this depth of information about a market, and its occupants, then you have everything you need to develop engaging content. To develop engaging content means that you have listened to the conversation, you have studied and analyzed its participants and you have stepped into the conversation with something to say that contributes to the cutting edge of the conversation at hand. When you post into a comment thread, it is always wise to read the entire thread. When you reply to a tweet, it is wise to have studied who you are responding to so that your reply develops rapport and demonstrates a “seeing” of that particular person. When you develop a blog post on an industry, it is smart to research that industry. This is how great content is created and sustained.

A powerful tool for listening to and analyzing online conversations is Brandwatch. Run by Giles Palmer, the solution has myriad ways to segment conversation data, and the company culture at Brandwatch combines technical know-how, maturity and a certain understated confidence that makes every conversation with staff an “a-ha” moment for those just getting into social media monitoring. Start with Brandwatch when you are on the listening journey.

Once you’ve spent time listening, you will have the large (but fun) project of assembling a CRM related to a topic. While Brandwatch is very useful in discovering usernames related to a conversation, you will need a few other tools to “append” further details. I recommend SocialBro as an excellent tool for downloading extensive spreadsheets from Twitter of those in conversation on a topic. You will be able to combine spreadsheets from Brandwatch and SocialBro to create a near comprehensive starting point of every username discussing a topic. (SocialBro is also an excellent resource for timing your communication with a particular person or group).

Note: If you want to add to the thought-leader aspect of your spreadsheets quickly, I suggest a solution like PeerReach, an excellent and growing resource developed by Zlatan Menkovic and crew. You can go even further with PeerReach by studying the Twitter lists created by these thought-leaders. In many industries, especially outside the USA, it is vital to also study leading forums where literally 10s of thousands gather to discuss and interact around a niche industry. In addition, there are private groups in LinkedIn and at membership only sites with actual lists of industry leaders in a niche or region. If you want to add the latest news about an individual leader or organization, I recommend Recorded Future.

Next you will need to append contact data to these usernames. The contact data is often discoverable via personal URLs such as a LinkedIn or personal website. You can use services like Whois search, Spokeo, Intelius, 192.com, Leadership Directories, and many other regional people-finders to append current contact data. I also highly recommend an Executive or Recruiter level account at LinkedIn for appending contact data. If you want to go deeper, there are a host of OSINT (Open Source Intelligence) solutions that are constantly evolving to bring deeper info on individuals and organizations: “OSINT tools” feed from Twitter.

The ideal spreadsheet of a community surrounding a topic includes: First Name, Last Name, Username(s), Current Address, Country, Current mobile, Current landline, Current Email(s), Current social links, Several columns of sample posts that demonstrate interest in a topic (where an individual has posted about a topic), Influence score (such as Kred, Klout or PeerIndex). With such a spreadsheet, you can begin to contact thought leaders directly and engage in a learning process about the online discussion around a topic/service/interest.

As you grow in relationship with thought-leaders, you will find that your own posts, content and actions become more precise and effective…mainly because you will be “on the cutting edge” of the conversation in an industry. You will find that being on this edge gives you an edge and develops a maturity of outlook within you. You will find that others’ respect in you about this topic will grow as you listen, listen, listen to a core group of topic thought-leaders. Your contributions will be informed by these thought-leaders and “passionates” in a niche.

Once your network grows in a given niche, you will begin to see where opportunities exist, where something is lacking, where you can contribute to the need in that community. And, because you posses THE comprehensive CRM (or rolodex) for that niche, you will know exactly who to contact to get things done. The satisfaction in having ALL the information at your fingertips related to your chosen niche is immense! This is one of the great results or outcomes of best-practice social media monitoring: a deep understanding of, and connection to, a global niche community for the purpose of getting something meaningful accomplished.

Looking forward in the social media monitoring industry, we have the need for a solution that combines the listening, analysis and append processes into one dashboard. No-one has produced a satisfactory combo of these yet but the time is coming soon when the comprehensive solution will be finalized. The three “underdog” contenders I like most in terms of the “comprehensive solution” include SpotRight, Truelens and Reunify.

Additionally, there will certainly be a further evolution of the privacy debate in 2014. In an increasingly transparent eco-system, JWT Intelligence predicts a growing “Techno-Paranoia” and a flourishing “Privacy Marketplace” amongst consumers. In addition, JWT predicts the adoption of “Privacy by Design” at major global brands. Read more on these possibilities here. Social media monitoring companies should pro-actively prepare arguments for how listening improves the human condition, creating an opportunity for authentic relationship between brand and individual. An argument for a more open, authentic human community may be found in the principles of Council Circle. There is also, of course, a business model for social media monitoring companies to develop the “Privacy by Design” and “Privacy Marketplace” technologies and programs suggested in the JWT report.

A process for translating insights from social media data into innovative and emotional experiences

“Facebook enables brands to find consumers in a place where they’re already spending a great deal of time. It is also highly precise: I can target users by location, language, education, employment, age, gender, marital status, their likes and interests and the size and profile of their list of friends,” says Sarah Blackman, digital planning and innovation director at Young & Rubicam in Berlin. (SOURCE: http://www.momentumreview.com/uk/how-facebook-stole-our-brands)

“At the end of the day everyone has the same amount of data because data is just people doing stuff. Converting that into insight is the point; that’s where it turns to magic,” Unilever CMO Keith Weed highlights the importance of having minds on the team who are looking for actionable points of departure within the data. (SOURCE: http://www.digiday.com/brands/brands-at-ces-say-dont-be-seduced-by-data/)

THE CLIMATE INTO WHICH SOCIAL MEDIA ANALYSTS ENTER: A host of technology companies and techno-geeks are actively engaged in developing applications for segmenting the mass of data flowing in from social networks. Advanced agencies within the WPP network, such as Ogilvy, JWT and Kantar are increasing their analysis staffing. But the staff they are looking for are not just scientists. The social analyst has spent time in the networks and is merging an emotional sensibility with solid critical thinking skills. He believes the Internet is a real living organism and goes to work every day excited to put on his diving gear and encounter the denizens of the deep. She has an awareness that the most subtle shifts in one area of the Internet can cause a flood of awareness and action in unexpected communities, forums and in the minds of critical key influencers.

THE IDENTITY OF THE SOCIAL MEDIA ANALYST WITHIN THE CORPORATION: Major corporations and agencies must develop teams to leverage masses of social data and turn that data into stories, communities and new products/services. These teams will be filled with individuals who have learned age-old analysis techniques, as outlined in The Handbook of Market Intelligence from the Global Intelligence Alliance – http://www.globalintelligence.com/insights-analysis/handbook-on-market-intelligence. The teams will also be filled with individuals who know a new world is possible and do not bow to old-school oligarchs. I’m talking here about a Pirate Bay http://www.youtube.com/watch?v=uUHmE5nD3W0 and Hacker mentality. Finally, these are going to be teams with a yen for weaving the digital and the material realms together, such as the GoPro crew http://www.youtube.com/watch?v=A3PDXmYoF5U and Timothy Ferriss of 4 Hour Work Week fame http://www.fourhourworkweek.com/blog/. Big agencies and corporations need individuals who can lead them out of stagnant forms of pride and into more “experiential” dives into the data.

A PROCESS FOR TRANSLATING INSIGHTS FROM SOCIAL MEDIA DATA INTO EMOTIONAL EXPERIENCE: Below is an exact process for translating insights from social media data into innovative and emotional experiences by hand. When we know how to do something by hand, we can begin to implement the machine where possible. In the end, the human is the last mile in effective communication. In the end, one-to-one is the way to transfer messages into the “right” ears.

1. Who do you know that has the most knowledge of a particular market niche? Ask him/her which trade publications, conferences, individuals and companies are the leaders. Make a note of these on a piece of paper with a pen or on a text document on your computer.

2. Get one copy of each mentioned trade publication.

3. Note the websites of each conference, individual and company mentioned.

4. Thoroughly study this initial list from your personal contact. Note down vendors, service providers, advertisers, authors, journalists, products related to these trade publications, conferences, individuals and companies.

5. Look within these same publications and websites for a “Top list” of companies, individuals and products/services.

6. Create an Excel spreadsheet of these trade publications and “Top lists”.

7. Discover the Twitter accounts of these Top list entities and other thought-leaders discovered in the trade publications and websites. An easy way to do this is to type the name of the influencer + Twitter into Google. Or search in the Twitter search field. You can also go the websites of these entities and see if there is a Twitter link at the website.

8. Use a solution that delivers a spreadsheet of all followers of a specific Twitter user, such as Simply Measured or Social Bro. Download the followers of every influencer you have identified in your initial offline research. http://www.simplymeasured.com or http://www.socialbro.com

9. Use the Sort function in Excel to sort the list of followers by Klout, Kred, Peer Index or another influence metric. In the paid version of Simply Measured you will receive the Klout score for every account. http://www.klout.com

10. Create a 2nd copy and sort by Listed (the number of lists an entity is on within Twitter).

11. Use the Filter function in Excel to further narrow these sheets by specific industry-related keywords within the Description (Bio) column.

12. Use the Filter function in Excel to narrow by Location.

13. Combine the filtered results from whatever setting is important to your research question from each sheet into one “Master” workbook.

14. Rank the entities in this workbook by your chosen Influence metric (e.g.- Klout, Kred, Peer Index) or Listed to indicate global awareness and influence scoring.

15. Ideally, you will narrow this massive Master list to 1000 core influencers. Now download the Simply Measured Klout Audience Analysis for every single one of these influencers (thought-leaders). Go through the exact same Sorting and Filtering process and combine into a second Master list (this will be much larger). Now you have two concentric rings of influence you are able to connect into through content-marketing, direct-marketing or other selling strategies.

16. Take this work further by creating a book called “The Core List” in which you reveal core information for each of the 1000 core influencers: their bio from LinkedIn, all of their social links (find these through their Klout profile and further research, their top 100 influential followers within that specific market niche and their contact info (phone, email, address).

17. Now you are ready to study this core list and know who is leading the conversation in your market niche. Take the time you need to listen to each person and jot down observations on what they are saying and working on. Use a leading social monitoring tool, such as Brandwatch, Radian6 or Sysomos to augment your listening. http://www.brandwatch.com OR http://www.radian6.com OR http://www.sysomos.com

18. Create a list of 10-20 questions for the top 100 influencers in “The Core List” and send this to them via email. This is your focus group/survey for the market niche and will give you invaluable insight.

19. Create observations on the content produced by members of your core list. Add, as an appendix, all of the data organized by location, relevant social links discovered via listening, and metrics/statistics for the industry. This report, if concisely written and properly documented using best-practice research techniques, will be THE most comprehensive ever done for that market niche.

20. Create an Editorial Calendar with channel-specific ideas related to the industry. This Editorial Calendar ought to include specific marketing actions, online & offline channels for marketing and industry-specific publications in which to publish material. More on editorial calendars and a sample editorial calendar here: http://contentmarketinginstitute.com/2010/08/content-marketing-editorial-calendar/

21. In addition, create a Media Plan that reveals regions, online channels and audience sizes. This plan will inform an advertising spend. Use SEMRush, a keyword tool for deciding where to spend advertising dollars. http://www.semrush.com/

Social Fishing Rods: The W’s of Social Intelligence Gathering

The W’s of journalism can be a great starting point for asking questions in social intelligence projects. See below expansion of the W’s for social intel, business intel and general social media monitoring work.

Note that the trend in 2011 will be towards integrating “action buttons” WITHIN social intel panels so that community managers can take meaningful and potent action on real-time intelligence.

Another take on this is that actionable tools like BuddyMedia will integrate increasingly powerful business-related intelligence within their already robust metrics panels, informing pre-campaign strategic process and whole-campaign adjustments. Research.ly is an example of a tool where one receives real-time intelligence from social networks and can act on that intelligence using a Twitter posting field.

Punchy insights from real-time data will inform strategic thinking AND the functionality of “social action” buttons used by non-analytical/non-technical Community Managers. Social Intel Tools will merge with Social Management Tools.

▪ WHO:
•Who are your current followers? Who follows them? (GIST)
• How can I take all of my connections established using social media + my contact database, and visually map out a path from my organization to those individuals/companies that will be beneficial to our initiatives?  How can I clearly identify the connection paths, labeling what type of connection it is, and the role of the individuals? (PeopleMaps)
•Who is talking about your brand/product/services/employees? (Social Listening Tools)
•Would any of these individuals make good brand ambassadors, community managers, or customer advocates?
(WeFollow, PeerIndex, Klout, Listorious, Research.ly)
•Which of your current followers are already key influencers in your niche or a related vertical?
(WeFollow, PeerIndex, Klout, Listorious, TwitterGrader, Research.ly)
•Who influences them? And who influences those influencers?
(WeFollow, PeerIndex, Klout, Listorious)
•What Twitter lists are these influencers on or following?
(Listorious)
•How influential are those people in your niche?
(Klout)
•Which of these influencers receive tons of comments?
(ConvoTrack, Technorati, Listorious, CoComment, Backtype)
•Which have tons of followers?
(Listorious)
•Who are the top influencers for your niche?
(WeFollow, PeerIndex, Klout, Listorious)

▪ WHAT:
•What are your stakeholders/fans/allies saying about you?
•What questions are they asking? (Quora)
•What are customers feeling about your brand/product/services/employees?
(One of the world’s greatest experts in the field of discovering sentiment and feeling – Life Analytics)
•What reactions do these stakeholders/fans/allies have about your brand/product/services/employees?
•How can you engage your followers/key influencers beyond a passing mention of the brand/product/services/employees? (Consume Brian Solis and Seth Godin material).
• How can you engage your employees/team members in more effective collaboration and gain insight based on collaborative feedback? (Spigit, 37 Signals)
•What percentage of the conversations are positive, negative or neutral?
•What are the actions of “peers” or the circle of customers around the brand/product/service in social  networks?
•Are your customers/typical purchasers active in social networks? What is the ethos of their online culture?
•What are useful resources to research your brand/product/services/employees/vertical/niche? (Social Tools, Twitter Tools, The Journalist’s ToolBox, TwentyFeet, SproutSocial, Research.ly)
• What apps might provide access to my ideal followers/customers/fans/influencers? (AppData)

▪ WHERE:
•Where are your stakeholders/fans/allies located in social networks? (Flowtown, IntroMojo, GIST)
• Where do I stand in relation to my competitors in terms of traffic, share of voice, engagement? (Compete, Alexa, Klout)
•In which of the following are the conversations happening about your brand/product/services/employees?:
-Twitter (Listorious, Twitter Search, Twazzup, Topsy Search)
-Facebook page-threads, Facebook groups, Facebook Key Influencer wall-threads (Facebook Insights, All Facebook Page Leaderboards, Booshaka
-blog threads (Social Tools, CoComment, Backtype)
-forum threads (Social Tools, CoComment, Backtype, Board Reader)
-web communities (Joongel)
-top-of-mind comment threads (Board Reader, Social Tools, CoComment, Backtype)
-video comments/shares (YouTube Keyword Tool)
-photo comments/shares (Flickr Advanced Search)
-presentation comments/shares (Slideshare search window, Scribd search window)
-LinkedIn groups/comment-threads
-location-based networks (4sqSearch)
•Consider the relative merits/benefits of joining a well-followed conversation vs. creating one.

▪ WHEN:
•What time of day are people talking about you?
•What time of the week/month/year?
•Are the conversations event-driven?
•Are the conversations cyclical/seasonal?
•How do you keep the conversation going during the off-season/non-event times?

▪ WHY: (beware of analysis paralysis on this category!!)
•Why are there spikes in conversation around your brand/product/services/employees?
•What events occurred, what specific words were said, what personalities were involved?
•The answers to the above questions can inform the broader WHY question.
•Create the BIG picture with a Montage (FuseLabs Montage) or hashtag/@-sourced/RSS-sourced real-time publication like Paper.li. Publish all of your findings as a report. (How to Write and Publish an eBook).
• Leave where you are and begin something new. Learn how at Startup School, at Seth Godin and through Tim Ferriss.
• Stay where you are and make a change. Same as above + read Charlene Li’s Open Leadership book + Jeremiah Owyang’s Web Strategist blog.