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Alexandra Reid

It's true that as businesses and brands are accelerating on the social media front, their execution is still imperfect. You can blame part on the generic advice being offered and part on the tools that are still in their early stages. Although the conversation has been focusing on the importance of businesses listening and engaging with customers through social media for a long time now, you're right that it is the process of implementing social media strategies for ROI that is the hangup. I work with businesses who are still in this stage, using social media as their own personal broadcasting system because they don't understand how listening and engaging is profitable and good for business overall. I read a good article the other day that suggested that perhaps instead of businesses focusing on ROI, they should be focusing on the "return of avoiding pain." You offer a lot of other great reasons why listening is beneficial for businesses. I hope the conversation keeps moving in this direction.

Dean Holmes

Hey there. Thought some of the "Listeners" here would be interested to hear the webinar series I did for NetBase ConsumerBase's Product. Great points here, no Agenda on my part, just solid Insights from Conversational Data and Listening to what Consumers say.

Listening is not understanding. Monitoring is great for engagement not Sentiment at most brands.

Link to the webinar can be found at my blog if anyone is interested. http://bit.ly/baSfLy

Your thoughts?

P.S.: I need to get to Philly soon :)

Jeff Hurt

Can you explain more about the difference between listening and monitoring?

Valeria Maltoni

@Alexandra - the whole focus on ROI is getting a bit tiresome, too. Of course you should be able to have a correlation - direct and indirect - between what you do and why you're doing it (answering: what's in it for the business). So you make two bucks from one buck but you piss off a whole bunch of people. You may have ROI that one time, yet nobody will be back. There is also a trite ROI conversation making the rounds...

@Dean - thank you for stopping by and for the link.

@Jeff - monitoring generally means to be aware of the state of a system, to observe. Listening includes tuning in, being aware, hearing. To take listening to the next level, you act upon what you hear.

Sue Anne Reed

Valeria - Thanks for your mention of Care2. Our team really believes that small actions can lead to big social change. We reward our members for doing good (butterfly rewards) and then they can use those rewards to do even more good with advertiser supported donations. We also find that members like to reward each other, and that's why we implemented green stars on the site.

- Sue Anne Reed
Care2
Communications Manager

Gabriele Maidecchi

Lurking vs. being actively engaged. That's a common problem for many brand, giving the human touch to their social presence. Automatic programs can monitor (like the AT&T automatic monitoring tool), but it takes real people to listen, and to act.

Rusty Cawley

I hope most of you noted the great concept found in Alexandra Reid's comment: "Return on Avoiding Pain." If more CEOs would put as much emphasis on that as they do on ROI, they would truly operate in the best interests of their shareholders.

Valeria Maltoni

@Sue Anne - rewarding each other is very powerful. I've always loved giving gifts. It's a reward to be able to offer a gesture, or a thing, and let the other know you thought of them.

@Gabriele - after so many years of corporate inquisition, it's quite hard for people on the inside to not be scared.

@Rusty - the truth is everyone is talking about ROI because they want to look like they have a clue. When that is one single metric. And at times it won't tell you whether something is worth doing or not, either. Really, how hard is that? It's one financial measure: are you spending more than you are making? Period.

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