{"id":86352,"date":"2024-11-12T15:13:32","date_gmt":"2024-11-12T22:13:32","guid":{"rendered":"https:\/\/inmoment.com\/?p=86352"},"modified":"2024-11-12T15:13:35","modified_gmt":"2024-11-12T22:13:35","slug":"social-media-monitoring","status":"publish","type":"post","link":"https:\/\/inmoment.com\/blog\/social-media-monitoring\/","title":{"rendered":"How Social Media Monitoring Can Impact Your Business"},"content":{"rendered":"\n
Did you know consumers ranked social media in the top five most preferred channels for customer support? Furthermore, more than 80% of consumers expect a response from businesses on social media within two business days. With these customer expectations in mind, having a robust social media monitoring strategy that helps you stay connected with your customers has never been more important for maintaining a positive customer experience<\/a>.\u00a0<\/p>\n\n\n\n Social media monitoring is the practice of actively tracking, analyzing, and responding to online mentions of a brand, product, or topic across social media platforms like Facebook, Twitter, Instagram, and LinkedIn. Social media monitoring is part of comprehensive social media management<\/a>. <\/p>\n\n\n\n When an organization is tuned in to social media conversations, it gives them insights that influence everything from customer service protocols to marketing strategies and product updates. <\/p>\n\n\n\n While often used together in conversation, social media monitoring differs greatly from social listening. Both involve tracking online conversations, however, social media monitoring focuses on immediate action and responding in real-time, making it useful for handling customer inquiries or managing problems as they happen. <\/p>\n\n\n\n Conversely, social listening identifies larger trends and themes through audience analysis, competitive intelligence, and customer sentiment tracking. This helps organizations understand the bigger picture behind consumer behavior and market performance. <\/p>\n\n\n\n Social media monitoring is important because 88% of consumers expect a response from an organization on social media within two business days. Furthermore, 76% of consumers are frustrated when they do not get personalized communication from a business. By leveraging tools to monitor social media, you can improve your response time with customers and offer them a more personalized experience. <\/p>\n\n\n\n When brands consistently track and analyze social media mentions, they can use those findings to assist their brand reputation management<\/a> efforts, improve the customer experience, and capitalize on market insights. Here are some other key benefits of social media monitoring:<\/p>\n\n\n\n Social media monitoring allows brands to gauge their visibility across channels and understand how their audience perceives them. By tracking your brand mentions specifically, you can assess the reach and tone of conversations you are part of. This helps you stay connected with how consumers view your brand. This level of awareness ensures that your brand can strategically build and maintain a positive image. In fact, 83% of marketers say their social media monitoring efforts have increased their brand exposure. <\/p>\n\n\n\n Properly responding to customer questions, complaints, or compliments can significantly impact customer loyalty<\/a>. Social media monitoring enables your organization to identify and engage with your audience at crucial moments, such as when a customer leaves a bad review after a negative shopping experience. A quick response time shows that your brand is attentive and responsive and builds stronger customer relationships. <\/p>\n\n\n\n Social media monitoring can be the difference between a quickly resolved emergency and a crisis that destroys your brand image. With social media monitoring tools, your organization can identify emerging problems and spikes in mentions, such as a viral post of a customer detailing poor customer service they experienced with your brand. When you can identify these issues early, you can address them before they escalate. <\/p>\n\n\n\n Social media monitoring also makes it easy to communicate with your entire customer base in a crisis. A pre-planned crisis management strategy can make crisis management easier through social media monitoring tools.<\/p>\n\n\n\n Social media monitoring tools do not only monitor mentions of your organization. They can also monitor chosen keywords such as product names, industry buzzwords, or names of your competitors. By monitoring industry-related conversations, you gain insight into competitors\u2019 strategies, market gaps, and your current brand equity<\/a>. This information is invaluable for helping your brand stand out in the market. <\/p>\n\n\n\n As mentioned earlier, social media monitoring is the foundation of social listening. That means that social media monitoring can be the filtering system for what is explored more in-depth with social listening. By tracking which topics are being mentioned frequently, you can identify this as a trend that can be further explored with social listening tools. <\/p>\n\n\n\nWhat is Social Media Monitoring?<\/h2>\n\n\n\n
Social Media Monitoring vs Social Listening<\/h3>\n\n\n\n
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Why Is Social Media Monitoring Important<\/h2>\n\n\n\n
Benefits of Social Media Monitoring<\/h2>\n\n\n\n
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Enhanced Brand Awareness<\/h3>\n\n\n\n
Improved Customer Engagement<\/h3>\n\n\n\n
Effective Crisis Management<\/h3>\n\n\n\n
Competitive Analysis<\/h3>\n\n\n\n
Informed Market Research<\/h3>\n\n\n\n
Who Should Use Social Media Monitoring<\/h2>\n\n\n\n