Recently, while talking with executives about social media, I got three different messages from them:
1. I get it and we are building our social media presence.
2. I don’t get it and until somebody shows me the money, I’m not gonna get it.
3. I know that we need to get on top of the social media thing, but I’m not sure if it will do us any good.
Ok. Here is what social media data can do.
1. With the proper analysis, it provides insight and justification for your major decisions.
2. It gives you the truth. And remember, every post, whether good or bad, has a good deal of truth to it.
And your “truth” and their ”truth” may be completely different. Not the same picture at all.
3. It gives real-time feedback on the performance of your products.
4. It provides trending information, which will be a leading contributor to upcoming sales forecasts.
Here are some things that data cannot do:
1. It can not make decisions for you.
2. It should not be manipulated. If it is, it will be at great risk to your company and your career.
3. It cannot be your friend. When data says the momentum is good, it doesn’t care. When momentum is bad, it doesn’t care.
4. It cannot be ignored. Data is direct from are your customers, your life-blood. Ignore them and you ignore the performance reviews of your products. It is the beginning of the end for your company in the 21st century.
I say these things because recently there has been too much emphasis on both the power of social media and the weakness of social media. Both are true.
Social Media Reporting becomes a competitive weapon when you:
1. measure correctly
2. analyze
3. deliver the data in a way that senior managers can understand and compare to performance in other sectors of the enterprise.
And when data is delivered this way, it is still your gut, but with more ammunition.


Channel Signal has been bombarded lately with noise. Now, part of our job is to filter noise and there is much to filter: worthless posts like “Just on my way to work. What a beautiful day. Wearing my brand sandals.” or “50% discount here on all brand product. Buy. Buy. Buy.”