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The first step step beyond social media monitoring is developing listening skills. Needless to say, companies have a lot to gain from understanding the customers problems. By providing solutions and sharing knowledge, content is likely to be passed on and advocated by consumers.
So what’s the problem?
When you say that you have an open and receptive online presence, it creates an expectation. Specifically, an expectation of being heard. Active social media monitoring and a policy for when/how to respond to feedback, is priority number one for building customer relationships and trust. Do not make the mistake of ignoring a customer who expects being heard.
Most companies hesitate to take the step from social media monitoring to active interaction because of perceived risks. A fear that everything will spin out of control if people start communicating via Twitter. However, there are also risks associated with not participating. The indecisiveness is an expression of sticking with the status quo and keeping with the old hierarchical communication structure. However, adapting to social media is unlikely to undo the company. Mistakes will be made, sure, but that is part of what makes social media appealing.
Companies seem to have a hard time speaking about anything else than their products. To avoid looking pushy, or worse, boring, find topics that connect to the bigger picture. Kodak’s photography blog for example isn’t just about their products.
Also, users increasingly expect websites to be interactive, not just an online version of the company brochure. They’re looking for fresh content, articles, videos, podcasts and links to the latest developments in your industry. Content generation is unlikely to work very well in a top-down structure. If the IT department needs to recode the website every time someone wants to contribute, social interaction will never happen. It is important to have an easy to publish CMS. Once the new PR and communiation policy is in place, everyone should be able to share and contribute.
Taking the step from social media monitoring to participation doesn’t have to be a major undertaking. It doesn’t take hi-tech tools to connect with your customers. Think corporate blog, Twitter and a Facebook page.
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Media intelligence : Analyzing how your company name or brand rates in online reviews, vs. those of your competitors’, most definitely belongs on your media intelligence to-do list.
Or does it?
The New York Times article, “On the Internet, Everyone’s a Critic But They’re Not Very Critical” reports that the average online review rating is 4.3 stars out of 5. That’s of course far away from being even remotely close to the “bell curve”. How come the average distribution of statistical data is so far off? Does media intelligence practices play a role here?
The article seems to indicate that yes, they do. Printer paper, boots and dog food in particular have bloated online reputations and the same can be said for hotels being reviewed on TripAdvisor.com.
However, media intelligence practices, such as a manager’s puffing up the average rating of this own product or service, is not the only factor. Someone is also minding the store. Several independent Amazon reviewers for example, suspect that the online megastore is involved in selective review vetting.
Translation: Negative reviews are simply deleted in order to sell more products. Ed Keller, CEO of the Keller Fay Group, has found that ca. 65% of word-of-mouth reviews are positive, whereas only 8% are negative!
At the end of the day the question then becomes how “good” is a good review. Do you have the strength to give a 4.3 review its real (average) value in your media intelligence matrix?
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Yesterday it was time to thank our interns for their efforts over the past few months. Edward and Ana came to us via “Leonardo”, a program which helps young professionals find internships abroad. Edward worked on our visual media monitoring system whereas Ana did a great job with research of online reputation management services in Spain.
Kristina has also done a terrific job over the last few months. Her awareness of the particular PR needs of the Web 2.0 generation, helped us develop an online monitoring service for the next generation media monitoring professionals.
Together we all went to a Biergarten by the river, across from the Bode Museum. It was one of those nights when people clearly had not been out for a while… It has been a crappy summer so far and instead of constantly checking mobile news, folks could finally bake in the sun, have a drink and dance tango as the boats went honking by.
It turned out to be a good start of the summer and we hope we’ll be as lucky with our next interns as with Ana, Edward & Kristina.
Thank you!
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What media content do you consider trustworthy? Are online information sources part of your online monitoring? According to eMarketer and TNS, a recent survey finds that online news sources, rank high as trusted information sources. The most trusted information source is friends and word-of-mouth recommendations. TV news and newspapers are considered to be about equally trustworthy.
Especially interesting is the comparison from country to country. Whereas private blogs overall are considered the least reputable, Chinese consumers rank them notably higher. In Scandinavia the most trusted information source is TV news, whereas in Germany and Italy it is Wikipedia (!).
As a online monitoring service, it’s definitely surprising to find Wikipedia as the most trusted information source in Germany and Italy. We’re reminded of Merriam-Webster’s word of the year 2006, namely Stephen Colbert’s adaptation of “truthiness”:
“We’re not talking about truth, we’re talking about something that seems like truth – the truth we want to exist…”
For our own part, we notice a spike in visitor numbers and online monitoring registrations every time a major event takes place. From earthquakes to political scandals, visitors swarm to Imooty for trusted information anytime a big news story breaks.
Want to have your create your own online monitoring service? Try Imooty for FREE today!
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Last week Imooty was awarded a Ruban d’Honneur for its business intelligence application at the European Business Awards! We were nominated in the Business Innovation of the Year category.
The Awards ceremony took place at the Westin Excelsior in Rome where about 200 business leaders and esteemed guests showed up. We were awarded the Ruban d’Honneur by former President of Romania, Mr Emil Constantinescu.
From 7000 entered companies, 99 Ruban d’Honneurs were awarded and 10 overall category winners announced. Reaching this level of recognition is a major achievement for our young company and we look forward to participating again next year.
Try our business intelligence application for FREE today!
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