Networked Insights' founder and CEO Dan Neely suggests the answer lies in a third-party platform - and he would happily suggest his company's - to do the listening for you. "There is a massive set of data out there, but you need to be able to tell the difference between what's important vs. what's noise," he says. "How do you hear the conversations that make sense for your company to engage in?"
Networked Insights' approach is embodied in its SocialSense Listening Platform. The solution pulls in up to 35,000 conversations a day, from 15,000 blogs and 22,000 other social media sources, then uses keywords to pull out significant conversations. The solution presents the conversations graphically on an axis based on sentiment and engagement. Filters can be applied to sift the data to find the important conversations - the only ones really worth investing time in, Neely says.
"Other solutions can tell you how many times something has happened, but not how valuable those things are," says Neely. "We measure it in a way that allows you to see the influential conversations, and to see which are your elite customers" within those conversations.
One of the secrets to finding the right conversations is understanding what those conversations sound like. "You need to learn the language of your customers - and it does not always sound like the language your marketing department may use to describe your products or your market," he says.
A tool like this is only as useful as what you do with it; Neely freely admits that the insights it provides need to be acted upon in an effective way to drive value out of the social media investment. Once you know where the important conversations are, you should participate - but, at first, only as what Neely described as a "groupie." "You need to get a feel for that conversation before you leap in," he says. "Once you understand that, your contributions will gain value in that community. You'll project authenticity by being more a part of the fiber of that conversation."
Together, technology and the connective power of the internet are making drastic changes in what a typical work setting looks like today, and many companies are beginning to rely more upon a remote workforce. In fact, according to Global Workplace Analytics, “regular work-at-home, among the non-self-employed population, has grown by 105% since 2005.” more
You may think your business phone system is functional, but is it fully modern? In recent years, telecommunications technology has made major strides. A system that was perfectly serviceable ten years ago—or even five years ago—is now very out-of-date. more
Among all of the business software applications necessary for business operations, ERP is undoubtedly one of the most important. Making the wrong selection can have a disastrous impact on your accounting, manufacturing, and supply chain. With so much at stake, it is crucial to make a well-informed decision. more
Did you know that, according to Forbes, 86 percent of customers will pay more for a better customer experience? Customer satisfaction is always a worthy business pursuit, but to identify customer preferences and exceed expectations, you must keep pace with innovations in the technology your customers are using. more
This whitepaper describes why the shift from a traditional to a social intranet is imperative to staying competitive, and analyzes the costs and benefits associated with implementing one. You will also find useful KPIs to measure performance and further leverage your intranet's success, raising employee engagement and boosting your competitive advantage. more