This entails monitoring multiple social media channels for mentions of brand names, topics, competitors, keywords and products in social conversations. The social listening process consists of three main steps: The goal of social media listening is to monitor relevant conversations on social media platforms, understand the underlying mood or sentiment and respond with a marketing strategy that influences sentiment favorably. new ideas for its next featured product.how long to keep the hamburger on the menu and.Using sentiment analysis, it can determine the following: The restaurant uses the information collected to develop a broader marketing strategy. The same restaurant monitors social media for mention of its new hamburger and aggregates the data to perform a sentiment analysis of what people are saying. The business can see all the different ways its hamburger comes up in conversation online. There is not necessarily a strategy attached. The main point of monitoring is gathering information. Once detected, the business may respond to the mention but doesn't have to. A restaurant monitors Twitter for mentions of its new product - a hamburger with cream cheese on the bun. Monitoring is tactical, whereas listening focuses on long-term strategic decisions. Social listening explains why people are saying what they are saying. Social monitoring explains what people are saying on social media. Gathering social intelligence from social media conversations is a good way to gauge authentic audience sentiment and reactions. If social conversations about a company's competitors are positive, it might mimic the competitions' behavior. It could also use the information to craft better campaigns in the future. For example, if the conversation around a certain marketing campaign is negative, a company might change the current campaign to address the problem. Text mining is an integral part of social listening tools and lets companies gauge public opinion surrounding their brand.Ĭompanies can use the conversational data they gather through social listening to alter their treatment of these things. That way the data can be analyzed with traditional data mining techniques. Monitoring software transposes specific words or phrases in unstructured data into numerical values linked to structured data in a database. Social media monitoring tools can mine text for specific keywords on social networking websites, blogs and in discussion forums and other social media.
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