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                          Technology for All                                                                                                                                                                       Saturday July 18, 2009 17:17:00

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SOCIAL NETWORKING

Keeping an Eye on Social Media

Social Media Metrics monitors over 20 million blogs, 5 million forum posts, and 30,000 online news sources, social networks, and microblogs including Twitter. The system enables users to build customised searches to track keywords related to their company, industry, and competitors, while isolating specific geographic, demographic, and language parameters.

PR Newswire, a subsidiary of United Business Media, has announced the launch of Social Media Metrics across EMEA (Europe, Middle East, Africa) and India regions. It’s a new intelligence tool powered by Sentiment Metrics. It can enable communications professionals and marketers to monitor, analyse, and measure the impact of what is being said about an organisation, brand, spokesperson, or competitor across the social media landscape. 

"Blogs, message boards, and discussion threads can reveal invaluable information about how messages are resonating, what customers are saying about an organisation, who is supporting a brand, and when crisis situations are developing," said Allison Murphy, product manager for PR Newswire's monitoring and measurement services.  

"However, sorting through the reams of information in the social media universe and interpreting the data effectively can be an extremely daunting task. With the launch of the Social Media Metrics service, communications professionals can now understand and intelligently determine how key audiences and the public in general are reacting to and even dictating the way their organisation and brands are portrayed within the various online and social media circles." 

"With the spread of user-generated media such as blogs and discussion forums, consumers have become more influential than ever before and often, what they are saying can make or break a brand," said Leon Chaddock, managing director of Sentiment Metrics. "As new media continues to grow in influence, the companies and brands that utilise social media intelligence to either build on positive feedback, or to quickly respond to emerging crisis situation's will rise to the top, while those that ignore the influence of online voices will risk losing out on valuable opportunities and in some cases, suffering irreparable damage to their brand." 

How it works? When search criteria is established, Social Media Metrics provides information on the data it tracks through a series of analytical tools. Social Media Metrics' Authority Score can reveal the impact of a blog or social media network on a brand or communication by providing the number of inbound links from other social media sites. 

The Top Topics Report identifies the most frequently discussed topics surrounding a brand and/or its competitors. Social Media Metrics' Sentiment Report delivers additional insight on social media mentions by establishing whether discussions are positive, neutral, or negative. Key to the Sentiment Report tool is the ability to create alerts that isolate negative mentions and warn the user that a potential crisis may be building. 

"The longer it takes to respond to a negative situation developing on social media channels, the worse the situation could be," continued Murphy. "An alert dedicated only to negative mentions helps to ensure that users can respond to potentially explosive situations before they spin out of control." 

Social Media Metrics also offers reporting capabilities that enable users to tabulate data in customisable charts in a variety of formats, including CSV (Comma Separated Value), graphs, and pie charts. The system's PDF Report Builder allows users to combine graphical information with custom notes to create reports that bring together both qualitative and quantitative analysis.

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