Public Relations & Social Marketing Insight
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Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
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Why You Are Ignoring The Most Important Data | Social Media Explorer

Why You Are Ignoring The Most Important Data | Social Media Explorer | Public Relations & Social Marketing Insight | Scoop.it

The current fad of big data has caused marketers to ignore the requirement that humans need to analyze conversations...

 

...Big data is the allure of more. More information. More access to behavior. Opportunities for more sophisticated analysis. The thinking goes likes this: If we know every move people make then we not only know everything, but we can predict everything. As business people we love it because the information is finite, scalable and measurable.

 

It’s ironic that big data has such an allure in an age when some of the most important information happening online is coming out of conversations. And the way to analyze online conversations is to read them, participate in them and try to understand them without a formula.

 

Conversations are not data. Anyone who has ever tried to analyze them through sentiment analysis knows this. If you ever watched Star Trek, you can imagine clearly that even an advanced, science fiction character like Data, misunderstood human conversation....

Jeff Domansky's insight:

Great quote: "Conversations are not data."

 

If you're not listening, you're losing track of invaluable insight.

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Social Media Will Be Primary Channel for Engaging Customers, CEOs Predict | MediaPost

Social Media Will Be Primary Channel for Engaging Customers, CEOs Predict  | MediaPost | Public Relations & Social Marketing Insight | Scoop.it

Social media will be the most important technology channel used by companies to engage with their customers within three to five years, according to a survey of 1,700 CEOs from around the world conducted by IBM. Currently just 16% of companies use social media as their primary means of interacting with customers, but that proportion will rise to 57% three to five years from now.


That increase will put social media ahead of Web sites, call centers, and traditional media. Over the same time period, CEOs see Web site utilization increasing from 47% to 55%, while call center utilization will drop from 40% to 31%, and utilization of traditional media will plunge from 39% to 15%. The only channel outranking social media is face-to-face and sales representatives, although this too will drop from 80% today to 67% three to five years from now....

Jeff Domansky's insight:

Ironic. Research shows that CEOs don't use social media themselves. But the trend to "social business" is unstoppable.

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