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www.sti-innsbruck.at © Copyright 2008 STI INNSBRUCK www.sti-innsbruck.at An approach for evaluation of social media monitoring tools Ioannis Stavrakantonakis et. al. CVM 2012

Social media monitoring

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Page 1: Social media monitoring

www.sti-innsbruck.at© Copyright 2008 STI INNSBRUCK www.sti-innsbruck.at

An approach for evaluation of social media

monitoring tools

Ioannis Stavrakantonakis et. al. CVM 2012

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Why use social media marketing

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Focus

• provide an overview of the presented monitoring tools and platforms’

• offer insights on the technology employed, on the basic features they

provide as well as their limitations;

• insight of the features provided by ten of the most important social

media monitoring tools available commercially

• provide a framework for future evaluations of such tools.

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Application fields

• reputation-management;

• event detection, issue- and crisis-management;

• competitor analysis;

• trend- and market-research plus campaign-monitoring;

• influencer detection and customer relationship management;

• product- and innovation-management.

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Free tools

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Addict-o-matic www.addictomatic.com

Boardreader www.boardreader.com

Google Alerts www.google.com/alerts

HyperAlerts www.hyperalters.no

Klout www.klout.com/home

Netvibes www.netvibes.com

Twazzup www.twazzup.com

WhosTalkin www.whostalkin.com

Yahoo Pipes pipes.yahoo.com

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Free tools - Minuses

• Free tools are also free of service.

• There is no contact person answering questions on functions or underlying

methodology.

• There is no guarantee concerning the availability of the service.

• Functions are often limited to quantitative/statistical reports.

• Complex analysis (e.g. automated sentiment detection) may not be available for

languages other than English.

• Many are point solutions considering few or only one platform (e.g. Twitter).

• Services that claim searching the entire web do not reveal which sources are

• really included.

• To get a comprehensive overview several free services must be

• combined.

• Results of free tools have to be saved and archived in user-defined structures and

formats.

• Workflow-functionality is usually not available.

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Evaluation framework

Concepts

TechnologyUser

Interface

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Concepts

• Analysis

• Engagement

• Workflow management

• Influence

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Technology

• Listening grid adjustment

• Near real-time processing

• Integration with 3rd party applications (API)

• Sentiment analysis

• Historical data

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User Interface

• Dashboard

• Export results

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Tools

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Discussion

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Conclusion

• Social media offers new opportunities for enterprises

– Monitoring conversations

– Actively participating and providing content on social media platforms

– Engage in conversations with the customer

• Choosing the right tools is a key factor in social media marketing

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