
Social media data is a valuable source of enterprise-wide feedback for businesses that are savvy enough to leverage it. Social insights enable customer service teams to better serve customers, helps corporate communications spot crises and measure “buzz,” gives marketers a brand health barometer and competitive benchmarking index and allows researchers access to previously untapped consumer insights. Social data makes it possible for advertisers to optimize campaign messaging and track results, and gives sales organizations the ability to find their competitors’ unhappy customers, while identifying prospects in the market for their products.
However, social media data by itself is not nearly as instructive for taking action and driving results as it is when integrated into your business strategy and execution. The real power and ROI of social data comes from marrying it with existing business systems, processes and data (e.g. CRM platforms, market research, point of sale (POS) systems). Add in traditional media sources such as news feeds, television, satellite and mobile technologies, and with this holistic view you can see responses to your entire media ecosystem in one place. Combining social data with metrics such as Web analytics allows you to see the impact of your messaging and the resulting actions and conversions.
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Best Practices to Manage 6 Social Media Threats
Posted by Jackie Kmetz on January 12, 2012While social media has presented a new valuable and effective means of connecting with and learning about consumers it has also brought with it potential threats that organizations must prepare for and handle whether they are actively participating in social conversations or merely watching from the sidelines.
Previously, we discussed six social media threats that present real risks for enterprises. Now we will discuss best practices that you can implement to mitigate and even eliminate these threats when possible. Of course it isn’t reasonable to think you can plan for every situation that may arise, but by setting the stage ahead of time and taking the necessary precautions, you can minimize the impact should something occur.
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