In the growing realm of social media, there are not only a plethora of social platforms to choose from, but a number of tools to monitor these platforms as well. In order for businesses to utilize social media to their fullest advantage, it is important they know what the best tools are to create a social ecosystem around their brand.
So, what do these social media tools do? Most social media monitoring tools seek to do one or more of the following three things:
- Listen or monitor the social sphere.
These tools aggregate posts based on keywords/feeds you select. They aggregate mentions, giving you a sense of what people are saying about you and where, while providing you with the opportunity to respond. These are extremely helpful for brand management and can help identify both positive and negative trends.
- Manage publishing and response workflow.
These tools help companies publish to their social media feeds and respond to posts from the community. Many listening tools also contain a work flow management aspect or have said they plan to build one. These tools (or usually a function of a larger platform/tool) can take identified posts from Facebook, Twitter, and other social media communities and assign them to people. Many also allow you to schedule future posts on your feeds.
- Provide reporting and analytics.
Most of the tools that provide listening and work flow management also support some analytics and reporting. There are also smaller, usually platform-specific or proprietary reporting tools at low or no cost. For examples, see: Twitter Counter, Facebook Insights, and YouTube Analytics.
Here are three third-party tools worth a peek:
Radian 6
If your company can afford it, this a great tool for social media listening and reporting that aggregrates data from all over the web based on your keywords. There are two main features of the tool:
- the listening tool, which allows you to monitor and respond to comments made about your brand
- the reporting dashboard, which you can use to gather and export metrics
While Radian 6 does allow you to respond to posts within its interface, it currently does not schedule content for publishing. As a result, it does not provide the same workflow management as some competing products like HootSuite. (They have said, however, that they plan to release that functionality “very soon.”)
Radian 6 also supports robust reporting on social media, including sentiment analysis. Machines are very literal, so the tool isn’t great at recognizing sarcasm and slang usage, but it works pretty well as a temperature gauge. You can also manually change ratings from negative to positive and vice-versa on specific posts.
Overall, Radian 6 provides some of the most robust analytics and reporting you’ll find. They also have convenient training options, they hold regular webinars, and their customer service team is very responsive.
HootSuite
HootSuite provides great, lower cost options that compete with Radian 6. I’ve found it works great as a workflow management tool as well as a way to aggregate the most common social media platforms — Twitter, LinkedIn, and Facebook — under one roof. Unlike Radian 6, it currently supports both the ability to respond within the tool’s interface to community comments, as well as the ability to schedule posts across multiple platforms to publish at a later date.
A couple cons: it does not offer the social media listening functionality that Radian 6 provides, and I’ve (personally) found their reporting to be spotty, especially in regards to Facebook. It glitches out sometimes for long lengths of time, and getting the issue resolved via their online customer service forums is not always easy. That said, I’ve found HootSuite does report very reliably on Twitter. I have only worked with their lower-tiered options, and admittedly, their more expensive, enterprise-level solution may provide more reliable reporting and more responsive customer service, though at that higher price point, it’s no doubt worth looking into Radian 6.
If you’re not using a reporting or workflow management tool today, then I would toss this up for sure — even just the free option! It’ll help you manage your brands across your feeds under one view and password while you get started on a strategy for workflow management and platform-based content optimization.
FlipTop
Valuation and ROI on advertising in general, especially on social media, is a tricky thing. (See this great Copyblogger article which argues that measuring ROI on advertising, including social media, is the wrong mindset when it comes to measurement and valuation.) In the meantime, when it comes to third-party valuation and reporting tools, I’m super curious about FlipTop — a new company out of San Francisco.
FlipTop is a social media reporting and profile mapping tool. They have pricing tiers and pay-per-match solutions that will match emails with social media identities. Basically, you can take your email databases and then map them to people’s Facebook, Twitter, Linked-in, and other profiles, helping you understand where your purchasing community is, how much on average those different parties purchase, and where you should be focusing your social media and paid advertising time and dollars. Neat! (And totally creepy...)