In measuring social media, the current accepted standard that we are using right now is brand sentiment - in other words, the percentage of tweets, posts, and forum discussions that are skewed either positively or negatively toward the brand in question.
What happens in systems like this is that social media analysis providers like Brandtology, Radian 6, and Meltwater would take a feed/crawl of social media sites, use automated semantic analysis to measure the positivity or the negativity of the keywords, and assign a rating to the post accordingly. The posts are then aggregated and a sentiment rating is assigned to the brand overall - for instance, if 50 percent of the posts are deemed to be positive, and 50 percent negative, the sentiment for the brand would be 50 percent overall - quite neutral.
Now, the process described above is obviously a very simplistic view. And the actual process itself is obviously less straightforward, but the end result will always be clear, concise, and simple enough for C-levels to understand; the basic premise being whether the social media sphere is talking good things or bad things about the brand on any particular day.
This obviously would lead to a lot of skew in the sentiment results, and where possible, you should go through all the posts to reassign the sentiment of the posts where a machine might not have assigned the sentiment rating correctly (most solutions out there will allow you to do that).
Further muddying the waters is the fact that in many Asian cultures, even if English is the de-facto language, it is mixed with local language in a way that makes it hard for systems to parse out the actual sentiment of the post (for instance, a tweet from the Philippines could switch from English to Tagalog effortlessly within the space of 140 characters; Singlish is another renowned linguistic hybrid).
Case in point, we were doing a social media scan for a big bank in Indonesia for which the name was an abbreviation. As it turns out, that particular abbreviation was also the same abbreviation for a typical work in Bahasa, and the signal-versus-noise ratio increased exponentially, making it harder to get good insights out of the social media scans.
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Adrian is the chief of digital marketing and technology in Yolk, a Grey Group company, one of Asia's leading interactive and digital media agencies with over 40 employees headquartered in Singapore. Adrian joined Yolk in 2005 and helped shape the vision towards a company where creative and technology is inexplicably linked to serve the higher purpose of marketing. With this approach, Yolk managed to secure regional accounts such as Microsoft, Cibavision, and Canon. Adrian has 12 years of experience in the digital industry with parts of those years spent in Microsoft being in charge of MSN Search, Portal, and advertising platforms, overseeing the expansion of MSN portal from a single market (Singapore) to five markets across Southeast Asia, part of the team that piloted Microsoft adCentre in Singapore and won "Global Product Manager of the Year" at Microsoft in 2004. His technological background is well complemented with his five years experience in advertising and publishing industry. Technology solutions, which Adrian creates, always serve the purpose of his clients in bridging the latest technologies with marketing strategies to boost their campaigns to their fullest potential. When not knee deep in technology, he produces electronic music under various monikers.
March 19, 2014