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	<title>SmartBlog on Social Media - Best Practices and Case Studies on Social Media Marketing for Business &#187; social media analytics</title>
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		<title>Crunching the numbers on your social-media efforts</title>
		<link>http://smartblogs.com/socialmedia/2010/07/28/crunching-the-numbers-on-your-social-media-efforts/</link>
		<comments>http://smartblogs.com/socialmedia/2010/07/28/crunching-the-numbers-on-your-social-media-efforts/#comments</comments>
		<pubDate>Wed, 28 Jul 2010 11:16:41 +0000</pubDate>
		<dc:creator>Jesse Stanchak</dc:creator>
				<category><![CDATA[Polls]]></category>
		<category><![CDATA[Doris Nhan]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[social media analytics]]></category>

		<guid isPermaLink="false">http://smartblogs.com/socialmedia/?p=11562</guid>
		<description><![CDATA[This post is by SmartBrief&#8217;s Doris Nhan. SmartPulse — our weekly reader poll in SmartBrief on Social Media — tracks feedback from leading marketers about social-media practices and issues. Last week’s poll question:  To what extent are you willing to invest in analyzing your company&#8217;s social-media results? We rely on free, automated numbers from various [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://smartblogs.com/socialmedia/files/2010/03/pulse.jpg"><img class="alignright size-full wp-image-8744" title="Blue cardiogram" src="http://smartblogs.com/socialmedia/files/2010/03/pulse.jpg" alt="" width="300" height="225" /></a><em>This post is by SmartBrief&#8217;s Doris Nhan.</em></p>
<p>SmartPulse — our weekly reader poll in <a href="http://www.smartbrief.com/socialmedia/index.jsp?campaign=blog" target="_blank">SmartBrief on Social Media</a> — tracks feedback from leading marketers about social-media practices and issues.</p>
<p>Last week’s poll question:  <strong>To what extent are you willing to invest in analyzing your company&#8217;s social-media results?</strong></p>
<ul>
<li>We rely on free, automated numbers from various social platforms &#8212; 39.39%</li>
<li>We have someone in-house to do more in-depth analysis &#8211; 	 25.25%</li>
<li>We don&#8217;t have a monitoring program in place 	 &#8212; 23.23%</li>
<li>We&#8217;ve hired a consultant or a paid service to evaluate our performance &#8211;	 12.12%</li>
</ul>
<p>This week&#8217;s poll analysis is a probe of social-media analytics. Simply put, using social-media sites without measuring your company&#8217;s success &#8212; or failure &#8212; in these platforms, is like getting feedback questionnaires from your customers but never bothering to read them. The 111 SmartBrief on Social Media readers who responded this week indicated that, while widely recognized, social-media analytics have yet to capture as much attention as social media itself has.<span id="more-11562"></span></p>
<p>The 23% who said they do not have a monitoring program may represent the few who use social-media tools without analysis, but it&#8217;s also important to note that some of these readers may not use social-media tools at all.</p>
<p>While a good chunk of those polled said they have some sort of analytics process in place, the largest share say they rely on automated numbers generated by social-media tools. And while the statistics collected from these sites represent a     good start, that&#8217;s all it is. The nearly 40% of respondents who use automated numbers shows a positive awareness of the    importance that analytics has within social media, but that is just the beginning.</p>
<p>Like poll numbers and feedback questionnaires, automated statistics  need to be analyzed for trends &#8212; then reacted to &#8212;  if anyone has a hope of using social media to its greatest potential. While it seems expensive to devote one person to crunching online numbers, analysis should be an integral part of any social-media program. Connecting automated figures with a human touch allows for greater insights into the data while keeping the company&#8217;s interest in mind. Social media should be embraced as both the website interface and the monitoring tools. They are meant to work together and gather feedback in a realm where many customers &#8212; and their opinions &#8212; are  flocking.</p>
<p><strong>Have you begun to re-evaluate where your company stands in its commitment to investing in social media &#8212; monitoring, analytics and all? Is it the future, as some tout, or is it just a fad like bell-bottoms and acid-washed jeans? </strong><br />
<h3 class='related_post_title'>Related Posts:</h3>
<ul class='related_post'>
<li><a href='http://smartblogs.com/socialmedia/2012/02/02/7-common-social-media-mistakes-how-to-fix-them/' title='7 common social media mistakes (and how to fix them)'>7 common social media mistakes (and how to fix them)</a></li>
<li><a href='http://smartblogs.com/socialmedia/2012/02/01/are-you-siloing-your-marketing/' title='Are you siloing your marketing?'>Are you siloing your marketing?</a></li>
<li><a href='http://smartblogs.com/socialmedia/2012/01/24/is-your-company-prepared-for-the-next-digital-evolution/' title='Is your company prepared for the next digital evolution?'>Is your company prepared for the next digital evolution?</a></li>
</ul>
]]></content:encoded>
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		<slash:comments>2</slash:comments>
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		<title>Today&#8217;s bonus tracks</title>
		<link>http://smartblogs.com/socialmedia/2009/04/20/todays-bonus-tracks-32/</link>
		<comments>http://smartblogs.com/socialmedia/2009/04/20/todays-bonus-tracks-32/#comments</comments>
		<pubDate>Mon, 20 Apr 2009 13:44:38 +0000</pubDate>
		<dc:creator>Dana Schwartz</dc:creator>
				<category><![CDATA[Bonus Tracks]]></category>
		<category><![CDATA[Ashton Kutcher]]></category>
		<category><![CDATA[Buzz Bin]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[lexicon]]></category>
		<category><![CDATA[seo]]></category>
		<category><![CDATA[social media analytics]]></category>
		<category><![CDATA[twitter]]></category>

		<guid isPermaLink="false">http://smartblogs.com/socialmedia/?p=2772</guid>
		<description><![CDATA[At the start of this new work week we wanted to make sure that you had all of the relevant information out there on the Web today. As you wait for your SmartBrief on Social Media newsletter to hit your inbox, check out today&#8217;s bonus tracks. Don&#8217;t skip the first article about Ashton Kutcher&#8217;s one [...]]]></description>
			<content:encoded><![CDATA[<p>At the start of this new work week we wanted to make sure that you had all of the relevant information out there on the Web today. As you wait for your <a href="http://www.smartbrief.com/socialmedia/" target="_blank">SmartBrief on Social Media</a> newsletter to hit your inbox, check out today&#8217;s bonus tracks.<img class="alignright size-medium wp-image-2775" src="http://smartblogs.com/socialmedia/files/2009/04/ashton1.jpg" alt="" width="160" height="240" /></p>
<p>Don&#8217;t skip the first article about Ashton Kutcher&#8217;s one million follower milestone on Twitter. The Buzz Bin asks &#8211; &#8220;is it the ultimate demonstration or the end of Twitter or America&#8217;s bad taste? We wonder, as well.</p>
<p><a href="http://adage.com/mediaworks/article?article_id=136049"></a></p>
<ul>
<li><a href="http://www.livingstonbuzz.com/2009/04/19/the-ashton-kusher-lesson/" target="_blank">The Buzz Bin examines the Ashton Kutcher lesson</a></li>
</ul>
<ul>
<li><a href="http://www.businessinsider.com/the-gold-mine-facebook-refuses-to-explore-2009-4#comments" target="_blank">Why Facebook should employ the &#8220;lexicon on steriods&#8221; strategy</a></li>
</ul>
<ul>
<li><a href="http://mashable.com/2009/04/19/social-media-analytics/" target="_blank">Mashable helps you track social media analytics</a></li>
</ul>
<ul>
<li><a href="http://www.ducttapemarketing.com/blog/2009/04/17/the-simple-math-of-seo/" target="_blank">Making sense of SEO</a></li>
</ul>
<p><em>Photo credit, <a href="http://www.flickr.com/photos/dpstyles/" target="_blank">dpstyles</a></em><br />
<h3 class='related_post_title'>Related Posts:</h3>
<ul class='related_post'>
<li><a href='http://smartblogs.com/socialmedia/2009/12/31/this-weeks-most-clicked-34/' title='This week&#8217;s most clicked'>This week&#8217;s most clicked</a></li>
<li><a href='http://smartblogs.com/socialmedia/2009/04/21/todays-bonus-tracks-33/' title='Today&#8217;s bonus tracks'>Today&#8217;s bonus tracks</a></li>
<li><a href='http://smartblogs.com/socialmedia/2012/02/08/how-much-time-should-you-spend-on-social-media/' title='How much time should you spend on social media?'>How much time should you spend on social media?</a></li>
</ul>
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