Social media listening – also referred to ‘social media monitoring’ – is the process of finding out what’s being said about your company, products, brand and team on social media, and analyzing that data. Done right, social listening can be one of your most important tools to gather intelligence from your customers, giving you the ability to use that insight in your content, business development, R&D, customer service and real-time marketing campaigns.

But social listening is more than simply setting up a Google Alert to see what people are saying about you on their social platforms. It’s about finding out where those conversations are taking place, and engaging with the people having those discussions. It’s also about responding, delivering content to them when they’ve shown interest, and helping them with problems where you can.

If your goal is to reach a targeted group of consumers, the way to their hearts is through relevant, personalized and engaging content. How many times have you shaken your head at an ad you’ve been shown on social media, wondering how you possibly were targeted by that brand? It happens to me almost daily.

Think of it in terms of your own life – if you had a friend that constantly tried to have conversations with you that weren’t based on anything you were interested in or wanted to engage about, how long would that friendship last? When you focus on social listening, you can avoid being tuned out by the people you’re trying to reach, by getting to know what they want to talk about.

Here are 4 additional ways social listening can benefit your business:

1. Get an Edge on Your Competition

You can set up keyword tracking to monitor all mentions that relate to your products and services.

My tip – ensure you list variations of your product name, as well as common misspellings (if there are any).

You may find that people are complaining about a competitor’s product or customer service, and you can take the opportunity to step in and ask them to explain what shortcomings they’re finding. From there, you can show them that you’re there for them, that they’re important to you, and explain your product’s benefits.

This can help you find new customers and opportunities – people will see that your brand cares and that can make your business more attractive to potential consumers. This not only applies to the people you’re directly communicating with, but also those watching on passively on social platforms.

2. Identify Influencers and Brand Advocates

Finding out who’s sharing your information about your products, and organically spreading positive news relating to your brand, is a great way to identify opportunities for influencer relationships.

Who are your brand advocates? Once you know, you can reward them for their help in spreading the love for your brand.

A happy customer that talks about you without being asked, is marketing gold. Continue to build upon those relationships.

3. Find Your Tribe

With social listening, you don’t have to guess where the best place to focus your marketing efforts might be. Guesswork and lost time is saved by knowing what platform is best for your social media marketing.

Through listening, you can see where people are having conversations about your products and services, and talk to them right there, on the platform which they’re familiar.

It could be on Twitter, or Facebook or Instagram – join these existing conversations and get to know both your current and potential consumers.

4. Improve Customer Service

When you’re focused on listening, you’ll hear both positive and negative feedback.

There’s some argument to suggest that negative feedback is more beneficial, because it often provides clear direction on how you can improve.

If someone’s taking the time to complain, they’re not yet a lost consumer – that’s them showing you that they still like you, your product or brand, and that they’re open to being helped through a problem.

As you begin to get to know your online communities better, you’ll be ready to delve deeper into this element.

originally published at Social media today

That ringing in your ears is the sound of people talking about your brand. You can’t see them, but they’re out there, gossiping about who you are and what you do.

In 2021, the world is at home and everyone is online. Or at least 59% of everyone is, and a 6% growth from last year is huge when you consider the dizzying amount of data being passed between millions of devices.

To keep up with the rapid growth of online activity, companies are turning to quicker, more comprehensive tools to measure the returns on their PR, Communications, and Marketing efforts in that space. These tools generate a variety of insights and together are known as media intelligence.

But What Exactly Is Media Intelligence?

To get at a more grounded definition of this nebulous concept of media intelligence, we first need to identify all the moving parts. Much like we understand basic intelligence as the ability to collect and apply general knowledge and skills, media intelligence is defined in a similar way, incorporating different methods of gathering information from the media into a cohesive whole.

As the technology matures, so too does the official nomenclature of the different tools used to pull insights from across the media spectrum. To keep it simple, here we’ll only break down into three main areas of media monitoring, social listening, and data analysis.

Media Monitoring

Dating back to the bygone days of newspapers, press clippings services were the premier way to scour the media for mentions of your brand. Media monitoring agencies specialized in targeting and collecting copies of media content relevant to your business, filtering it to your liking according to industry, geography, or subject.

Fast forward through time and media monitoring has developed alongside advancements in technology, altering its method of digging up content with the evolution of radio, television, and the internet. With the recent induction of data mining and machine learning, some of this process has even become automated where it isn’t still accomplished with a set of good eyes.

Social Listening

Much like the above-mentioned media monitoring, social listening requires a steady finger on the pulse of the conversations relevant to your brand. However, where media monitoring has a wider aperture of coverage, social listening is mostly limited to the realm of social media: Twitter, Facebook, reddit, etc.

It’s easy to confuse social listening with media monitoring because the two are essentially the same means to the same end, but one way to think of social listening is in terms of metrics. What metrics do you use to measure how your brand is being talked about? You can begin with things like mentions, hashtags, SOV, and industry trends.

Where social listening also differs is in how it uses those metrics to determine concepts that are harder to quantify, like how customers feel through a sentiment score. With social listening, you move beyond mere data collection to dive into numbers that reflect the breadth of your reputation online and the positive, negative, or neutral feeling behind it.

Data Analysis

With such a staggering wealth of data out there, having a platform or tool in place is essential to understanding how it connects, and what business you can make from it. You may begin with a careful look at an increase in your brand’s SOV within a specific niche, say FinTech, but how you aggregate that data into a more digestible solution is where data analysis comes in.

It’s this stage where business KPI’s become important. What are your goals? Are you trying to respond quickly to a crisis? Or do you want to benchmark what you see happening with the competition? Having a framework in place of how you want to filter the data obtained from media monitoring and social listening tools is paramount to understanding what value it brings to your organization.

Say for example you want to measure the success of a recent social media marketing campaign. In connecting with your social team, you take a look at the sentiment and number of mentions. Data analysis is when you look at the hard numbers and organize them according to how they best align with the vision of what you’ve set out to accomplish. Here dashboards, graphs, and other visual tools come in handy to separate the vanity metrics from the more actionable ones.

So, Why Does Media Intelligence Matter?

We’ve already covered what media intelligence is, and how it gathers the important data on the narrative of your brand, but why does it matter?

Well, people like to be heard.

Knowing your audience has always been a hallmark of traditional marketing. There are a number of ways teams have gathered information about their customer base in the past, but how many have been able to dial into the organic conversations about your brand as they happen in real-time? With the onset of social media, the right tools can turn the media landscape into live focus groups you track according to the trend or topic of the day.

Media intelligence matters because it gives you incredible insight into the behavior of your audience. The right media intelligence platform can reveal pain points in the conversations of your customers, as people are more willing to speak their mind from behind an avatar. Who’s the loudest in the room? The right solution can also identify influencers who promote your brand to their thousands of followers.

As the ground shifts with political movements and greater social responsibility, corporate reputation is constantly at the mercy of hourly events. With early warning and alert systems of the right media intelligence solution, you can address a communications crisis the moment bad news strikes. Just as well, media intelligence not only prepares you with insight into what’s happening right now but allows you to see future trends with predictive analytics based on the data you’ve accumulated.

None of this, however, will move the needle on ROI unless you act with the data. Interested people (and brands) are interesting people (and brands). It’s one thing to pay close attention to what your audience is saying, it’s another entirely to engage. With valuable data in hand, media intelligence gives you an edge in producing bespoke content for your consumers based on the tastes and needs you’ve already seen.

The exponential growth in people logging on in 2020 has only amplified the need for the comprehensive service of media intelligence. Traditional reactive ways of gathering information from your audience are being surpassed by more proactive ones. So unless you want to miss the good word on your brand, you need media intelligence to tune that ringing in your ear to the right frequency.

originally published at Medium

The University of Pennsylvania released its annual think tank rankings – the 11th version of its extensive rankings of the world’s think tanks.

As always, it is no surprise that the Brookings Institution remains the world’s #1 think tank, particularly since they were the ones who recently published a book by the UPenn professor who runs the rankings (more on that here).

Top Think Tank Worldwide (US & Non-US):

1. Brookings Institution
2. French Institute of International Relations (IFRI)
3. Carnegie Endowment for International Peace
4. Bruegel
5. Center for Strategic and International Studies (CSIS)
6. Chatham House
7. Fundacao Getulio Vargas
8. Heritage Foundation
9. RAND Corporation
10. International Institute for Strategic Studies (IISS)

 
Top Think Tanks in the US:

1. Brookings Institution
2. CSIS
3. Carnegie Endowment for International Peace
4. Heritage
5. Wilson Center
6. RAND Corp.
7. Center for American Progress (CAP)
8. Council on Foreign Relations (CFR)
9. Peterson Institute for International Economics (PIIE)
10. Cato Institute

Top Think Tanks in Mexico and Canada:

1. Fraser Institute
2. Fundar, Centro de Analisis e Investigacion
3. Institute for Research on Public Policy
4. Mexico Evalua Centro de Analisis de Politicas Publicas
5. Centre for International Governance Innovation (CIGI)

Top Think Tanks in Central and South America:

1. Fundacao Getulia Vargas
2. Fedesarrollo
3. Centro Brasileiro de Relacoes Internacionais (CEBRI)
4. Consejo Argentino para las Relaciones Internacionales (CARI)
5. Centro de Implementacion de Politicas Publicas para la Equidad y el Crecimiento (CIPPEC)

Top Think Tanks in Sub-Saharan Africa:

1. Botswana Institute for Development Policy Analysis (BIDPA)
2. African Centre for the Constructive Resolution of Disputes (ACCORD)
3. IMANI Center for Policy and Education
4. Council for the Development of Social Science Research in Africa (CODESRIA)
5. Kenya Institute for Public Policy Research and Analysis (KIPPRA)

Top Think Tanks in Central Asia:

1. Center for Economic and Social Development (CESD)
2. Kazakhstan Institute for Strategic Studies
3. Caucasus Institute for Peace, Democracy and Development (CIPDD)
4. Caucuses Research Resource Center (CRRC)
5. Afghanistan Research and Evaluation Unit (AREU)

Top Think Tanks in China, Japan, India, and South Korea:

1. Korea Development Institute (KDI)
2. Japan Institute of International Affairs (JIIA)
3. Korea Institute for International Economic Policy (KIEP)
4. China Institutes of Contemporary International Relations (CICIR)
5. Observer Research Foundation (ORF)

Top Think Tanks in Southeast Asia and the Pacific:

1. Institute of Defense and Strategic Studies (IDSS)
2. Australian Institute for International Affairs (AIIA)
3. Centre for Strategic Studies (CSS)
4. Centre for Public Policy Studies (CPPS)
5. Centre for Strategic and International Studies (CSIS)

Top Think Tanks in Central and Eastern Europe:

1. Center for Social and Economic Research (CASE)
2. Carnegie Moscow Center
3. Institute of World Economy and International Relations
4. Razumkov Centre
5. EUROPEUM Institute for European Policy

Top Think Tanks in Western Europe:

1. French Institute of International Relations (IFRI)
2. Bruegel
3. Chatham House
4. Danish Institute for International Studies (DIIS)
5. Konrad Adenauer Foundation (KAS)

Top Think Tanks in the Middle East and North Africa (MENA):

1. Center for Strategic Studies (CSS)
2. Institute for National Security Studies (INSS)
3. Carnegie Middle East Center
4. Al-Ahram Center for Political and Strategic Studies (ACPSS)
5. Al Jazeera Cenre for Studies (AJCS)

Top Defense and National Security Think Tanks:

1. Center for Strategic and International Studies (CSIS)
2. International Institute for Strategic Studies (IISS)
3. RAND Corporation
4. Brookings Institution
5. Carnegie Endowment for International Peace

Top Domestic Economic Policy Think Tanks:

1. Brookings
2. Adam Smith Institute (ASI)
3. National Bureau of Economic Research (NBER)
4. PIIE
5. Heritage Foundation

Top Education Policy Think Tanks:

1. National Institute for Education Policy Research
2. Urban Institute
3. Brookings
4. RAND Corp.
5. Center for Education Policy, SRI International

Top Energy and Resource Policy Think Tanks:

1. James A. Baker III Institute for Public Policy
2. Institute of Energy Economics
3. Oxford Institute for Energy Studies
4. Korea Energy Economics Institute
5. Center for Science of Environment, Resources and Energy

Top Environment Policy Think Tanks:

1. Potsdam Institute for Climate Impact Research
2. Stockholm Environment Institute (SEI)
3. World Resources Institute
4. Center for Climate and Energy Solutions (C2ES)
5. E3G – Third Generation Environmentalism

Top Foreign Policy and International Affairs Think Tanks:

1. Brookings
2. French Institute of International Relations
3. Chatham House
4. Carnegie Endowment for International Peace
5. CSIS

Top Domestic Health Policy Think Tanks:

1. Cambridge Centre for Health Services Research
2. Bloomberg School of Public Health Research Centers
3. Health and Global Policy Institute
4. RAND Corp.
5. Philips Center for Health and Well-Being

Top Global Health Policy Think Tanks:

1. Cambridge Centre for Health Services Research
2. Bloomberg School of Public Health Research Centers
3. CSIS
4. Health and Global Policy Institute (HGPI)
5. Chatham House, Centre on Global Health Security

Top International Economics Think Tanks:

1. PIIE
2. Bruegel
3. Brookings
4. Vienna Institute for International Economic Studies
5. Korea Institute for Economic Policy

Top Science and Technology Think Tanks:

1. Information Technology and Innovation Foundation (ITIF)
2. Max Planck Institutes
3. Science Policy Research Unit
4. Institute for Future Engineering; FKA Institute for Future Technology
5. RAND Corp.

Top Social Policy Think Tanks:

1. Urban Institute
2. Center for Social and Economic Research (CASE)
3. Brookings
4. Fraser Institute
5. Fundacao Getulio Vargas

Best For-Profit Think Tanks:

1. McKinsey Global Institute
2. Economist Intelligence United
3. Boston Consulting Group
4. A.T. Kearney Global Business Policy Center
5. Nomura Research Institute

Best Government-Affiliated Think Tanks:

1. Development Research Group, World Bank
2. Asian Development Bank Institute
3. Congressional Research Service (CRS)
4. World Bank Institute (WBI)
5. German Development Institute (DIE)
   

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Here is a look at the cheat sheet for the 2017 rankings and here is the 2016 cheat sheet, compiled by Think Tank Watch.

Remember, you may want to be careful about reading too much into these rankings, which have numerous flaws and biases.

According to the report, the world now has a whopping 7,815 think tanks, with 1,872 of those in the United States and 512 in China.

* This article was originally published on ThinkTankWatch.