This is the Social Media Channel from Anthony Rawlins, managing director of Travolution's social media partner Digital Visitor.
At Digital Visitor, we like to keep at the cutting edge of all things social media and recently, at the top of our agenda has been to find the best social media monitoring software for our clients campaigns.
There are a range of social media monitoring services out there, each offering different functionality and at different prices, however we wanted to be sure we were getting the best possible performance at the best price for our clients.
So, after a wide-ranging search we decided to trial the three most promising services we found. The candidates....
1. Radian6
2. Alterian's SM2 and
3. Meltwater Buzz.
Firstly, we found that social media monitoring tools generally share a lot of the same functionality, so to best compare them, we will show how they differ from the previous example below. Here's how we got on:
Radian6
Radian6 is sleek and the most polished of the three services. With an attractive and user-friendly interface, it is certainly well designed. It doesn't skimp on your keyword allocation either, with the ability to use a variety of Boolean functions and exclusions.
Keywords are the heart of any monitoring campaign because they influence what type of information you will find out. If you just want to find out what people are saying about your brand name, stick to keywords that are deeply connected with your brand, such as your brand and product names. If you want to conduct some industry research, use important keywords of topics and trends in your industry.
Once you've entered your chosen keywords, you can then begin cleaning up the information you will receive in your feed by deleting irrelevant posts as well as sentiment marking the good material. Radian6 offers an automatic sentiment marking service, but as with everything automated, it's not perfect.
From there on, you have a variety of filters to feed your data through to create useful diagrams and charts. There's the Topic Analysis module that allows you to create bar and pie charts, segmented by several different data types. The Topic Trending module can help you chart the volume of conversation over a chosen amount of time. Crucially, you're limited up to only 30 days of data, up to 10,000 posts, unless you wish to pay more for a larger amount.
The Conversation Cloud module creates a tag cloud showing you common keywords in your feed, all leading through a simple click-through to the list of posts that mention that keyword. Finally, you're able to see who the movers and shakers are in your chosen searches by choosing the Influence Viewer module. This is great for identifying people online who are influential in your industry.
Radian also has a CRM or Customer Relationship Management function attached to each post that it finds. You're able to add notes and tags to the post, whilst assigning troublesome complaint posts and interesting conversation posts to other members of your team.
Prices currently start at £460 for 10,000 pieces of data per month.
Alterian's SM2
Alterian may not be the prettiest of the systems we tried. It's big, it's techy and it's not a beginner's tool. But behind that slightly rough exterior lies some considerable monitoring muscle. SM2 offers a huge range of historical data, back to 2007, at no extra cost.
In addition to insight tools to determine share of voice and volume, SM2 furnishes you with any available demographic information, allowing you to see exactly who is talking about your brand, male or female, young or old.
In a similar move to Radian6's tag cloud offering, SM2 offers a 'Themes' service, generating popular words, based on which keywords or categories you are viewing. However, SM2 goes a little further with this tool by offering advanced clouds which extrapolate themes within the conversation, making it easy to identify conversation topics that might be hard to pick out if you're going too far into the data.
Two other things mark SM2 out from the SM monitoring crowd. Firstly, SM2 allows you to see how people are tagging content that involves your brand. This doesn't relate to every posting online, but it can help build up a picture of what words people associate with your content and brand.
Secondly, SM2 offers a much more intuitive method of sentiment marking by giving you the power to change their 'emotions' dictionary. Automated sentiment marking will never be a complete substitute for manual, especially when sarcasm is involved, but being able to adjust the words that set the sentiment markers off, allows the system to learn.
Prices currently start at £400 for 10,000 pieces of data
Meltwater Buzz
Meltwater can hold it's own in the visual stakes. It's simple interface and clean design makes navigating the data easy. Content and tool wise, it is fairly similar to Alterian, with a beta version of a topic cloud that extrapolates noticeable conversation trends in development.
Although the automated sentiment marking system is not editable, regular manual checks by independent copy checkers allow Meltwater to keep their system fairly accurate.
Users are able to use Boolean strings and exclusions to build useful search terms whilst using automatic and manual search terms to classify the data and feed through a variety of filters to get the results you need. Meltwater also offers a workflow tool for CRM functions. Meltwater's data stores go back to August 2010.
Meltwater's pricing system differs from the last two, currently charging an annual fee of £7400 for 12 months of usage.
In summary, all three systems have plus points and when choosing your social media monitoring system, you will need to look specifically at your own needs. For example, an in-house department with a need for a slick CRM feature may find the attractive and user-friendly interface of Radian6 easier to use. Meltwater Buzz might be good for you if you are looking for a system with a unique, human approach to sentiment marking.
For us, we decided to go with Alterian's SM2 for it's deep data and in-depth tools that will allow us to really identify the granular data that our clients need. We're planning to extract all the intelligence we possibly can from our client's data, and we believe that Alterian's tool will help us do this.
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