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July 22nd, 2012 by Tan Wei Shen under Commentary, Technology

The need for real-time analytics

The baseline for all social media interactions (it is “social” after all) demands two-way conversation, interaction, and response. At the end of the day though, with every status update or wall post entered, we still have to ask ourselves:  what is happening, and what does the data mean?

Real-time analytics is particularly useful in this area as a means to instantly view and track our performance. Rather than batch analytics, which measures the data collected in the timeframe between two events, real-time analytics allows us to make sense of data while more data is being gathered during the course of an event. Below, let’s explore 3 reasons why real-time analytics is so crucial in social media today.

  1. You need to know what is happening. Chances are, unless you have an analyst or marketing background, you will not be entirely clear on the interactions that are constantly happening on the social web. On our end, we need to know how people react when we tweet, or reveal offers and promotions on our Facebook page. Do they immediately start sharing this information? Does buzz take a while to build? Real-time analytics can provide data such as reach, views and shares, which provides crucial numerical data to analyse and measure
  2. You need to adjust to what’s happening. Depending on how people take to your posts or promotions online, you need to be able to adjust and react accordingly. For instance, if a promotion for a buy-2-get-1-free deal was offered, the amount of people who click on the link (either via a shortened link or tracked through Google Analytics for instance) and share the deal will provide a rough indication of whether there will be sufficient demand, and if supply should be adjusted accordingly.
  3. You need to measure everything that goes on in order to accurately determine the full extent of your efforts. For instance, measuring everything that is said in reaction to your posts on your Facebook wall (comments, shares), including sentiment, will provide you with a quick snapshot of how people react to posts in these categories. Through testing, you should be able to determine in the long-run which posts your audience is most enthusiastic about, as well as whether promotions are generally welcome by the audience.

Social media is constantly moving and evolving, which makes it all the more important to track and monitor the social media in real-time. Why not try out JamiQ’s social media monitoring solution while you are here?

July 6th, 2012 by Tan Wei Shen under Commentary

Additional Social Media statistics for the CHC Scandal

The recent City Harvest Scandal has pretty much piqued the interest of almost every Singaporean, religious or otherwise. Supporters have actively taken to social media to defend the Pastor and the other accused Church members at the center of this controversy, while other online netizens flamed and critiqued Sun Ho’s music career. Even Singapore Press Holdings has been “singled out” by City Harvest Church to be “dealt with”.

All that aside though, the entire scandal has generated quite a fair bit of chatter online across various social media channels. Here are some of the more interesting statistics we’ve tracked so far with JamiQ Buzz since the 25th of June.

1) It should come as no surprise that most entries actually came from Singapore. What was surprising though, was the fact that the country with the 2nd highest number of entries was Indonesia, with about 1300 entries since the 25th of June. This came mostly in the form of tweets and retweets from Indonesia, with most expressing positive sentiments, and support for Pastor Kong Hee. We assume though, that this mostly comes from Indonesians that might be church-goers of City Harvest Church, unlikely as it may seem.

On a side note, there were several Twitter handles and accounts from the US which hijacked and spammed the Twitter hashtags #IbelieveintheCHCCrossover and #mytrustisnotbreached after it started trending in Singapore.

2) Over the course of the scandal, overall chatter on the topic averaged at roughly 1400 posts per day, with the highest amount of chatter recorded on the 27th of June (close to 5000 entries). Since then however, the amount of chatter has gradually decreased as most Singaporeans lost interest in the scandal (or at least until more details get revealed in the upcoming court case) and turned their attention and social media presence elsewhere. By the 2nd of July, total entries per day barely broke the 200 mark. Based on these results, we assume that interest and chatter about this topic will increase sharply again once court proceedings begin on the 25th of July.

3) Chatter and discussion of the scandal came from a variety of media channels, most notably Twitter (close to 90% of total chatter), forums (close to 6%) and blogs (close to 2%). Interestingly, forum and blog sentiments presented overwhelming negative sentiments, while Twitter presented mostly positive sentiments. Upon closer inspection, this was mostly due to the fact that CHC supporters mainly exerted their social presence on Twitter. By retweeting positive tweets and quotes from Pastor Kong Hee and his wife, as well as through judicious usage of the hashtags #IbelieveintheCHCCrossover and #mytrustisnotbreached, the CHC supporters attempted to overturn the tide of negative sentiment that came from the horde of critical netizens. And it would seem that numerically, they succeeded.

This does raise certain questions though. Why does there seem to be more fervent support on Twitter as opposed to other mediums? Is Twitter as a social channel more accurate in expressing sentiments on the ground due to the ease of posting messages and retweeting?

4) There has generally been a wide array of content posted up by netizens critical of City Harvest Church over the scandal. Posts have varied greatly, ranging from critiques and discussions about the breadth of Sun Ho’s music career, to a financial analysis of the ways City Harvest encourage and promote tithing; there were even a number of articles which followed the evolution of Pastor Kong’s household from an ordinary HDB flat in Tampines, to a multi-million dollar home in Sentosa Cove. Generally, there has been more content generated by negative netizens – presumably because this is one outlet they can use to express their frustrations – as opposed to supporters of CHC. Generally, there has been little to no entries in the form of blog entries (or anything of substantial length) that gives a positive spin to the events surrounding Pastor Kong Hee and CHC.

Do check back on this blog for more social insights and updates as we continue monitoring this unfolding issue.

June 8th, 2012 by Tan Wei Shen under Technology

Profitez de l’utilisation de JamiQ en Francais – Enjoy the use of JamiQ in French!

That’s right, JamiQ Buzz now offers sentiment analysis in French!

Here at JamiQ, we seek to constantly improve our offerings for our clients. Our latest update brings sentiment analysis for the French language for our JamiQ Buzz product.

To test it out, we recently monitored some of the conversations surrounding the French Presidential Elections. Here are some of the mentions we categorized with the new sentiment analysis system which revolves around mentions of election candidate Sarkozy.

In French:

Positive Negative
Nicolas Sarkozy mise sur les électeurs du FN pour faire barrage au socialisme. Il a appelé jeudi à un «sursaut national».Source : Les EchosExplorer : FN, Nicolas Sarkozy, Partis politiques, Politique,… Sarkozy récuse un financement libyen en 2007, réitéré par l’ex …France.Antilles.fr GuadeloupeA trois jours du second tour de l’élection présidentielle, le président-candidat Nicolas Sarkozy a de nou…
20minutes.frEN DIRECT: Hollande perd 1,5 point dans un sondage… Le FN nomme …20minutes.frFrançois Hollande obtient 52,5% des intentions de vote face à Nicolas Sarkozy, soit une baisse d’un point e… “Nicolas Sarkozy était prisonnier de son costume de président”: Avec, d’ailleurs, de la mauvaise foi, pu…
Metro FranceEn direct. “La gauche a abîmé la République”, juge SarkozyMetro FranceSi François Hollande et Nicolas Sarkozy se sont opposés, parfois avec virulence, hier soir à la télévision, il n’y a p… François Bayrou votera Hollande, un désaveu pour SarkozyLe Nouvel ObservateurPARIS (Reuters) – François Bayrou a infligé jeudi un camouflet à Nicolas Sarkozy en annonçant qu’il voterait pour le social…

On a whole, the system is currently roughly  85% accurate, which is reasonable – the main advantage of such sentiment analysis being that it can analyze huge chunks of data quickly to get a rough aggregate of sentiment, which was useful in determining how people felt in the few days we monitored chatter about the elections.

You can read more about our analysis of the French elections here. And of course, if you would like to get started on monitoring your upcoming campaign in France, do contact us here.

June 1st, 2012 by Tan Wei Shen under Commentary

The price of engagement

How much are our efforts on the social media worth?

For some time, I’ve been unable to answer clients’ questions on how they should value the entries they obtain through the social media. “How much is this blogger’s post worth?” “How much is a tweet about my client’s product in financial dollars?” Here at JamiQ, we deal with a lot of measurement and big data, but because of the different context of these posts (for instance, how would you differentiate the value between a Foursquare check-in on Twitter vs an actual Tweet about your client’s F&B outlet? Hint: I don’t think you can! Not yet anyway.), it’s often really hard to ascribe a fixed value to these posts.

But we all have to start somewhere. Cloud security company Backupify takes a more general approach in calculating the value of social media posts – taking each company’s estimated annual revenue and dividing it by the number of items of content.

This allows us to arrive at these magic numbers: a Tweet is worth USD$0.001; while a Facebook share, USD$0.024. Which means realistically, if you wanted to get 10 USD$ worth of value from Twitter alone, You would need a staggering 8,896 tweets about your product or brand.

(You can view the infographic here and the original post on it here!)

Of course, this is a really base calculation that doesn’t take into account the more indirect aspects of social media, such as the value obtained from additional eyeballs from the post, number of conversions to direct sales, etc. What it does show however, is the staggering amount of chatter and data present across the various mediums – and how the true value of engagement is often lost against the backdrop of the sheer total volume of chatter across social media.

How do we determine “true” value then? There isn’t a standard answer across brand or industry, but I can tell you – I am pretty sure it involves taking a stab in the dark and spending an arbitrary amount of money first.

More to be shared on this next week!

April 25th, 2012 by Tan Wei Shen under Commentary

Social Media Analytics and Measurement (Part 1)

Within a B2C climate, one of the common headaches faced by marketers is trying to ascribe values or worth to things such as Facebook Likes and Posts. Others complain that with the huge amount of data readily available for companies, it becomes tiring trying to figure out what matters to your brand or department, and what doesn’t.

That said, there are a set of metrics which can be used to determine the effectiveness of your Marketing and Sales campaigns on Social Media.

Measurement Infographic

(Infographic created by the folks at Awareness – major props to them for the excellent work. Visit their website for an in-depth white paper!)

For the more mathematically inclined, there are advanced metrics for you to try out as well in order to identify and take advantage of trends.

Of course, ideally, you should have a social media listening tool already in place to obtain this data for you.

And that, ladies and gentlemen, is where we come in.

July 29th, 2010 by Benjamin Koe under Corporate

Influencer Discovery and Social Media Crisis Monitoring now available at JamiQ

Over the last two years, we at JamiQ have been working with our client to refine some of the best frameworks that make use of social media monitoring data and analysis. Today we are proud to present you with two of the most needed services in proven packages that have been perfected through our work with the industry.

Influencer Discovery is a powerful way to discover, profile, and trend your top social media influencers. Chances are, you’ve not reached out to everyone that matters to your brand and that includes the new ones are emerging everyday.

When a crisis hits, you need to be prepared. This package contains both the insurance and solution you need address a crisis. JamiQ provides real-time monitoring with added analysis from dedicated staff when things blow up.

To find out more about JamiQ’s Packages. Arrange for a meeting with Benjamin Koe (benjamin.koe@jamiq.com / +65 91817128).

November 19th, 2009 by Benjamin Koe under Corporate

Thank you for your support

When we opened our doors for business 2 days ago, little did we realize that we’d receive such a warm reception. Within minutes JamiQ was all over Twitter and I (@benkoe) began trending as a fairly influential contributor to the #msm09 conference thanks mainly to the RT love from people supporting us.

We’ve also got amazing coverage from:

  1. Social Media Analysis
  2. Young Upstarts
  3. SG Entrepreneurs 1 | 2

Check out the love we got on Twitter too!

jamiq - twazzup (20091118)

November 25th, 2008 by Benjamin Koe under Technology

Semantic technology meets marketing

Semantic technology builds on meaning, not keywords. And so it doesn’t matter if your followers say, “The new Batman movie is going to be awesome” or “You have to see the ‘Dark Knight’ trailer”; semantic buzz tools will tie the conversation together.

Sentiment analysis is an increasingly popular tool in the marketer toolbox. And its next generation will look at the entirety of a comment or an article, from whom it came and to whom it was directed. It will use natural language processing and analysis of meaningful relationships to distinguish the “good” comments from “bad.”

I admire the insights given by Marta Strickland in her recent article in AdAge on what the semantic web can do for marketers.

But as a practitioner in this emerging field, there are significant limitations to this utopia which I’m sure we are all trying to overcome at this very moment:

  1. Only Google comes close to the complete social media universe. Seriously, I’ve tried many social media monitoring services with laughable results. If your customers are being influenced by what they find on Google, tracking and understanding this influence should require us to look at the same universe.
  2. Multi-lingual natural language processing. English is great, but the largest internet user base is still China and the most connected cities in the world are Seoul, Korea; Taipei, Taiwan; and Tokyo, Japan.
  3. A.I. that goes beyond the Turing test. We’re not just asking computers to mimic a human in conversation, but to think, understand, and make recommendations like one.

Well, that’s the whole fun of taking on this emerging technology and I’m glad to be in the mix of what they’re calling “Web 3.0″.

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