Measuring Influence in Social Media

by Robin Seidner December 10, 2007

One of the questions that inevitably comes up when talking to customers about social media marketing is “How does Collective Intellect determines who the influencers are in social media?” This is a great question, because unlike traditional media – where you have existing criteria – circulation, source credibility, advertising rates based on impressions – social media influence is dynamic, not static. If you take away the top 3% of bloggers – the “A” list, if you will – what a marketer is typically left with is really difficult to figure out. Depending on what you’re tracking, there may be lots of posts from different bloggers, and heavy discussion on certain message boards and forums, plus video post sites such as YouTube might garner high interest in your area. The question is, which posts, which conversations in social media are the most important to you right now?

There may be lots of results associated with a keyword you search on in Google, or any of the low-priced keyword-based tools, but which results are the most important? Time-based search gets you just that – the most recent information. Certainly valuable, but how do you know of those recent conversations, which hold the most weight, which will spread the farthest, where will you get, so to speak, the most bang for your buck?

The question to ask is not who has the largest audience. The question should be: who – right now (today, this week, this month) – has the widest influence within the area I hope to impact?

So, if you’re interested in issues around dog food (to use a favorite topic of DK) what matters is finding the influence communities that have the greatest opportunity to impact current discussions around dogs, and more specifically dog food. Finding influencers in a general pets area might be helpful to a degree, but the more laser-focused you can get, the more relevant you are. This means what you are looking for are those social media content creators and commmunities where the content is really high value.

What do you think? I have some successful examples of this idea in action that, hopefully soon, I will be able to blog about.

My main point: Social media is a moving target – what today is an influential source or community might lose that status by next week or next month. Waiting for a quarterly report from market research may not be the best approach when pulling together campaigns.

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Define: Social CRM

Social CRM is a philosophy and a business strategy, supported by a technology platform, business rules, processes and social characteristics, designed to engage the customer in a collaborative conversation in order to provide mutually beneficial value in a trusted and transparent business environment. It's the company's response to the customer's ownership of the conversation.

Define: Proprietary Content

Almost any textual content your organization stores such as:

Any proprietary data can be imported into the Collective Intellect Social CRM Insight platform.

Contact us about mapping your data to the ci-insight format. info@collectiveintellect.com

Define: Snippet

Snippets are subsets of a posting based on your specified search criteria.
These snippets enable you to more accurately capture consumer sentiment across any topic, theme, dimension or term.

Define: Blog

Websites that have an RSS feed (people can subscribe to them), and they are personally authored.

Define: Message Board

Forums or threaded conversations where one person can comment, and anyone can view the comment and respond back.

Define: News

Online news, includes WSJ, NY Times, Local News, etc

Define: Social Sites

Social networking sites such as Facebook, MySpace, LinkedIn.

Define: MicroBlogs

Twitter, where content is limited to 140 characters.

Define: Social Media

"Social media are media for social interaction, using highly accessible and scalable publishing techniques. Social media use web-based technologies to transform and broadcast media monologues into social media dialogues." more from wikipedia here