Social Intelligence Strategy and Tools WHY DO YOU NEED IT? According to Adobe’s Social Intelligence Report – Q1 2014: Facebook ad CTRs are up 160%, impressions are up 40% YOY and CPC is down 2% YOY. LinkedIn refers the second highest amount of social traffic to B2B High Tech sites. Revenue per visit (RPV) from Tumblr is up 55% YOY. This means that you can’t deny the activity in the social channel and that it needs to be part of your business strategy. The social ecosystem is too large for one human – or even a team of specialist to moderate (and not cost efficient). They need help. Depending upon the size and social reach of your business, you need a tool that allows you to listen to what people are saying about your brand and rapidly share it across different teams to react. THE HARD FACTS Inbound marketing strategies rely on social and quality content with SEO being critical to success. In order to target keywords, you have to listen to what people are talking about. © Copyright 2014 Unfunnel.com LLC, All Rights Reserved. (This means you can use this information to help you in be agile in your job, but can’t replicate and sell for profit). Email marketing is a primary driver for revenue for many companies. Email blasts are becoming less and less effective. Social Intelligence allows you to connect constituents’ email addresses with any matching Facebook, Twitter, or other social media profile to understand what they are discussing and what are they posting about. With Social Intelligence tools you can: Identify audiences on social media and sentiment (neutral, negative, positive) Know and understand your social followers better and keywords they use Know who on our contact list are influencers Deepen online engagement with supporters Drive more sharing on social media Drive more action Increase online conversions Share resources directly with appropriate social followers CALCULATING ROI It is hard to justify the cost of social intelligence tools when there are no direct monetary conversions. Here are some tips on positioning and getting numbers to support the investment: By having better email messaging and segmentation project overall lift by XX% in key email metrics (opens, CTR and CVR). By identifying the best SEO keywords, you can use them more effectively in your content, look at an overall lift of increasing organic traffic by XX% © Copyright 2014 Unfunnel.com LLC, All Rights Reserved. (This means you can use this information to help you in be agile in your job, but can’t replicate and sell for profit). By knowing where and when to create the best offers and products you can create targeted landing pages for new email acquisition on an audience that has higher retention and use an email cultivation strategy to convert XX% to customers. Take your current traffic and conversion rates for your web analytics tool, calculated projected revenue and then subtract the cost of the tool to get potential ROI. Supporting stats/resources to pull from: Make sure your site is social optimized for SEO If you have a Wordpress blog, use tools to integrate with your social networks and establish authorship (WP Social SEO Pro). Email marketing combined with social intelligence: Increase customer engagement ROI (Alterian) Overall lift by using multiple online channels: Social Sharing Boosts Email Marketing Results By 158% (MediaBistro) Social acquisition, conversion and long term retention: Social Media Leads, once collected, averages a conversion rate 13% higher than average (HubSpot) SOCIA INTELLIGENCE TOOLS © Copyright 2014 Unfunnel.com LLC, All Rights Reserved. (This means you can use this information to help you in be agile in your job, but can’t replicate and sell for profit). Social media moderation and intelligence are two different types of tools and many products overlap. Social monitoring was the first-generation social “listening” solution. Monitoring solutions tend to provide social “buzz” to a brand, allow you to post from one tool and have a high-level view of sentiment. Social intelligence is the next-generation of social “listening” solutions. These platforms deliver dynamic insights on a brand and it’s content – such as features, promotions, followers and influencers with deeper trend analysis, behavior tracking and comprehensive view of sentiment. Top Performers but Pricey Radian6 Acquired by Salesforce and part of their marketing cloud with CRM integrations. Sophisticated tool with proprietary reach and a product with all the bells and whistles. Used for enterprise level social monitoring and intelligence across corporate teams. SDL (Formerly Alterian) A leader in enterprise campaign management and social media analytics. Combines social intelligence with a content manger and offers cross channel messaging integration. It analyzes thoughts and opinions into actionable dashboards. Other ones in this price range: Adobe Social, SAS, Webtrends, Brandwatch, NUVI, Radarly, Spredfast © Copyright 2014 Unfunnel.com LLC, All Rights Reserved. (This means you can use this information to help you in be agile in your job, but can’t replicate and sell for profit). Simplify Efforts and Affordable HootSuite Primarily for social media posting from multiple devices, but it also includes basic listening tools. The free trial includes social profiles, enhanced reporting, team member collaboration, custom URLs and has Hootsuite University for resources. Viral Heat A popular social management platform to measure your social ROI, identify leads and integrate into existing marketing tools with their unified marketing suite. Social Mention Free real-time social search engine to find keywords in all user generated content including blogs. Use this to look for your brand and set up alerts to be notified when people are talking about you. Google Alerts and Google Trends Enter the topic you want to keep current on your brand, cause, sector or industry. This tracks only content indexed by Google but you can use it in combination with other tools like Google Trends to get insights on relative and searchable content. Mention This has a free trial you can check out with both an online and desktop app. This allows collaboration with other team members, schedule notification by keyword string and import Google alerts. © Copyright 2014 Unfunnel.com LLC, All Rights Reserved. (This means you can use this information to help you in be agile in your job, but can’t replicate and sell for profit). Sprout Social This in an all-in-on social tool, moderately priced that can see people and learn what they are saying, set up keyword alerts etc. Cost efficient – and you can monitor and post from the tool. Simply Measured Specializes in social media measurement and analytics for more in-depth analysis. © Copyright 2014 Unfunnel.com LLC, All Rights Reserved. (This means you can use this information to help you in be agile in your job, but can’t replicate and sell for profit).
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