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IIA Toolshed – Social Media Monitoring

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IIA Toolshed #3

Social Media Monitoring

 

Tooler’s Choice? 

We looked at four social media monitoring tools, no one is the winner because they are all very different and serve different needs.

  • Market leader Radian6 from salesforce is powerful and provides all you need for monitoring and listening, but it is truly an enterprise solution and requires a hefty investment. For enterprise, Radian6 is one of the best there is.
  • Mention is accessibly priced tool for medium sized companies, with budget, who have reasonably large web and social search monitoring needs and wish to centralised the management of these.  Ideal for those who have report generating needs and wish to involve large teams.
  • New Irish offering, Olytico is an interesting software and a service tool. You tell Olytico what keywords you want to track, they set up the searches for you, and you use the tool to view results. It neatly overcomes the problem that many face with social media monitoring tools of only being as good as your search terms, but this at times can be a bit limiting. We decided that Olytico is the perfect tool for agencies who need to report back on how far their client’s brand travelled across the social media spaces.
  • Social Bakers is probably best suited to SME’s, although it only really monitors what’s being said about your own social media, rather than listening widely about broader conversations. It serves a purpose for bringing reporting together and does that very well, providing benchmark industry data.
General Information

What is IIA Toolshed? IIA Toolshed is a group of digital marketers & digital experts who know how difficult it is to keep up with the ever changing array of tools at our fingertips, to supposedly make doing business easier! To make things simpler, we’ve come together to test, evaluate and share the reviews of a broad selection of tools & technologies, to ultimately make the decision easier for you, when choosing what tools might best suit your business needs. At the IIA Toolshed, we come together every 6 weeks to evaluate a set of tools for a particular business objective, and we’ll publish our findings right here.

Who are we? The Toolers who took part this month are:

Toolshed meeting - 17.06.2015 - 500

 

 

 

 

 

 

 

Product Nameradian6 - 150mention 150Olytico 140social bakers - 150
Websitehttp://www.salesforce.com/eu/marketing-cloud/overview/MentionOlyticoSocial Bakers
What Is It?Radian6 is a Social Media listening and monitoring tool owned by Salesforce.com. It is heavily integrated with other Salesforce products (Buddy Media) and features. Very often used as part of the Salesforce Marketing Cloud package. They are repackaging Radian6 with new features under a new name called Social Studio - https://www.salesforce.com/blog/2014/11/salesforce-unveils-the-next-generation-of-social-studio.htmlMention is a online social media monitoring tool that searches the main social media channels and incorporates alerts, responding capability, task assignment, reporting and analysis.Software AND a service! It's a hybrid between self service and managed. You tell Olytico what you want to track, they set it up for you, and you can then do the monitoring yourselfOnline, Self Service, Social Media Measurement Tool. Very good for competitive analysis & industry benchmark. Super basic for Free. Social Bakers Statistics = free. Marketing Suite = paid. Additional upgrade features = Analytics (customised reporting, benchmarking etc), Builder (Plan, publish, measure from single place), Advertising (plugin to FB & Twitter ads), Listening.
What’s It Like To Use?Simple to use. Set up automated searches by keywords and/or company name. Search by location for better results. One of the best things about Radian6 is its ability to turn searches into really digestible reports. Within seconds I can search, measure and identify business opportunities. It is great for analysing sentiment, monitoring competitors and identifying influencers and brand advocates.Reasonably simple set up. Does a very broad search and generates good reports. Allows you to respond to mentions or allocate to team members.Simple to use. It's all set up for you. Can view activity by day, and assign content to team members. Cannot track whether they have actually done something with it or not. It trawls all the main social platforms (FB pages plus open groups, not profiles), Flickr, Insta, not that strong on Pinterest, plus forums, and news sites. It's easy to use at basic level. Free Trial offered for 2 weeks. Heavily focused on Facebook, Twitter, YouTube. May be more customisation possible but not obvious.
Does it give meaningful results for Ireland?Yes - easy to limit results to Ireland onlyYes. Strong on Twitter especially when hashtagedYes. Strong on Ireland as you'd expect from an Irish tool.Yes, as strong as any other country
Is There Anything I Should Know?Salesforce seem very cloak and dagger in giving anyone access to it unless they are a large multinational and already using the Salesforce platform. Very difficult to get a price list from them.
They can penalise organisations when high volumes of data.
Range of functionality appears limited for the price. Much of the functionality could be achieved with free tools like google alerts and topsy/social mention. Low threshold on number of mentions means upgrade for busy accounts.Workflow exists in that you can tick the box and assign content to team members. Team collaboration is coming, where you can mark it as done or dealt with. Good support function.Ideally you should set up more than one business for benchmarking, so ideally you're monitoring you and your competition. I like the presentation format exportable reports. Love reports about which types of posts perform best, which times of day, and days of week, also industry benchmarks
Who would you recommend it for?Organisations already using the Salesforce.com platform. Great for big companies with a sizable budget and a large community to monitor and listen to. Possibly a good tool for Digital Agencies who want to offer listening and monitoring services to their clients. Enterprise.Medium to large organisations with budget who wish to utilise the team collaboration features. Suitable for disparate enterprises centralising brand/company mentions who appear over a wide variety of online sites.Agencies needing to track client mentions. Or brands/businesses who are being talked about widely and not just on FB and TW. Good example given was Jameson Film Festival, who were talked about widely for a month. No annual contract means they can sign up and use the tool just for the month.Medium size businesses who are
Cost inc VATExpensive - Pricing in Feb 2013 - The good folks at Radian6 got back to me and it turns out that they have changed their pricing model. There are now two different models:

Business Model: $600 / month for up to 10,000 mentions
Agency Model: $950 / month for up to 1 million mentions
Historical Data: $100 / month going back to 2008 (except Twitter that goes back to 2010) Source - https://www.klick.com/health/news/blog/social/social-listening-tools-radian6-vs-sysomos/ Some hidden charges especially when there are peaks in activity, which seems counter intuitive
Starter $29, Growth $99, Company $299, Enterprise $799 (per month)€700 per month, without limitation on keywords or Results or seat/user. If you want separate feeds per channel, €200 per additional channel. Single chanel is good 2-3 clients.."Free Trial for 2 weeks. $120 per month thereafter. I believe there are other more tiered products, but v difficult to get access, and default is to 120 per month. Social Bakers Statistics = free. Marketing Suite = paid. Additional
upgrade features = Analytics (customised reporting, benchmarking etc),
Builder (Plan, publish, measure from single place), Advertising (plugin
to FB & Twitter ads), Listening."
General Criteria (Out of 4) – 1 is “Really Dislike”, 4 is ”Really Like”
Name of Tool: Radian6 Mention Olytico  Social Bakers
Ease of Use 3 3 4  4
Price 1  2  3  2
Documentation 3  2  2  3
Mobile
Compatible?
 3 3 3  4
Tablet
Compatible?
 3  3  3  3
Specific Criteria (Out of 4) – 1 is “Really Dislike”, 4 is ”Really Like”
Social Media Platforms It Monitors                 3  3  4 2
Sentiment analysis  3  2  0  0
Reporting 2 2 1  2
Unique Insights 2  2  2  2
Analytics? 3  2  1  3
Any Restrictions? Gotchas? Some hidden charges especially when there are peaks in activity, which seems counter intuitive  You can’t experiment with searches  No API integration
Customisable dashboard 3  3  1  2
Product Intuitiveness / UI 3  2  4 3
Team Collaboration Features? 3  3  2  1
Are we going to continue using it?  0 0  2  3
Total Score 35 32  32  34

What’s next from the IIA Toolshed? Social Media Design Tools in July.

Summary:


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