This paper is provided by CIOWhitePapers, a leading source of technical white papers on topics as diverse as Business Intelligence, Social Media Marketing, Big Data, Cloud Computing and Emerging Marketing Technologies. CIOWhitePapers works with industry leaders such as Oracle, IBM, Google, Forrester C...
Social Media is already very well known and widely used, but there is still a great deal of misunderstanding as to how it can be used effectively by business organizations. There are many claims that social media is essential to business, but understanding the hard science behind how this relatively new technology can create solid ROI can be confusing.
This eBook covers the relationship between all the useful data that social media generates and a company's marketing, product creation, CRM and business processes.
Inside: How to Get and Create Business Value on the Social Web. How to Integrate Social Media and Business Intelligence. The 8 Key Social Media Metrics and Their Actionable Responses. 9 Step Social Media Marketing Work Flow. Where to Try Social Media Marketing for Free. Essential Questions to Ask a Social Media Marketing Vendor.
Social media and Business Intelligence are now inseparable. Even the most basic user of any social media service asks himself such questions as “How many followers do I have?”, “What’s trending today?”, “How do people feel about…?”
It is the job of Business Intelligence to tease out these answers in a comprehensive and scientific way so that the information can be organized and stored in a way that provides business value. This allows for companies to gain competitive edge, cut costs and release products with a higher degree of success.
Combining social media and business intelligence for small and medium sized enterprises is even more crucial. It allows them a greater audience reach, more effective targeting and greater cost savings. Advertising and marketing campaigns can be created more efficiently.