Competitive Analysis: The Top 15 Social Listening Solutions

Are you struggling to keep up with the competition in the digital world? Do you need help tracking and analysing conversations about your brand effectively? Look no further! This article […]

December 21, 2022

Competitive Analysis: The Top 15 Social Listening Solutions

Are you struggling to keep up with the competition in the digital world? Do you need help tracking and analysing conversations about your brand effectively? Look no further! This article will dive into the top 5 social listening solutions and provide a comprehensive comparative analysis to help you make the best decision for your business.

Introduction: Why Social Listening is Essential for Businesses

In today’s digital age, social media has become integral to how businesses communicate with their customers and stakeholders. Not only is social media a powerful marketing and advertising tool, but it’s also a valuable resource for gathering insights and feedback from your target audience.

This is where social listening comes in. Social listening is the process of monitoring, analysing, and responding to online conversations about your brand, industry, or competitors. It helps businesses stay on top of what people say about them on social media, identify trends and opportunities, and improve their marketing and customer service efforts.

So why is social listening essential for businesses? There are several key reasons:

  1. Stay informed: By regularly monitoring social media conversations about your brand, you can stay up to date on what people say about you, both good and bad. This helps you respond promptly to negative feedback and address issues before they escalate.
  2. Identify trends and opportunities: Social listening can help you identify trends and opportunities in your industry or market. For example, if you notice many people talking about a particular problem or issue, you can develop a product or service to solve that problem.
  3. Improve marketing and customer service efforts: Social listening can provide valuable insights into customer sentiment and help you tailor your marketing and customer service efforts better to meet the needs and preferences of your target audience.

Social listening is essential for businesses looking to stay relevant and connected with their customers and stakeholders in the digital age. Companies can gain valuable insights by regularly monitoring and analysing online conversations, identifying trends and opportunities, and improving their marketing and customer service efforts. So, businesses need to have an excellent social listening strategy in place.

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Definition: What is Social Listening?

Social listening is the process of monitoring, analysing, and responding to online conversations about your brand, industry, or competitors. It involves using specialised software or tools to track and analyse mentions of your brand, keywords, or hashtags on social media and other online platforms.

Social listening differs from social media monitoring in that it goes beyond just tracking the volume of mentions and interactions on social media. It also involves analysing the sentiment of those conversations, identifying influencers and trends, and using that information to inform business decisions and strategies.

For example, social media monitoring might involve tracking the number of likes, comments, and shares on a brand’s social media posts. Social listening involves monitoring and analysing customer complaints or feedback on social media and identifying trends and opportunities in the industry or market.

In short, social listening is a more comprehensive and strategic approach to tracking and analysing online conversations. In contrast, social media monitoring is more focused on following the volume of interactions on social media. Both methods can be valuable for businesses, but social listening offers a more holistic and in-depth understanding of customer sentiment and market trends.

Read more: Web Scraping: The Data-Munching Monsters of Business Growth (But in a Good Way)

Importance: The Benefits of Social Listening for Businesses

Social listening is an increasingly important tool for businesses looking to stay relevant and connected with their customers and stakeholders in the digital age. Here are just a few of the key benefits of social listening for businesses:

  1. Gain insights into customer sentiment: Social listening allows businesses to track and analyse online conversations about their brand, products, or services. This can provide valuable insights into customer sentiment and help companies to understand what people like and dislike about their products or services. This information can be used to inform marketing and customer service efforts, as well as to identify areas for improvement.
  2. Identify trends and opportunities: Social listening can help businesses identify trends and opportunities in their industry or market. By tracking and analysing online conversations about your brand, competitors, or industry keywords, you can better understand what people are talking about and what’s important to them. This can help you stay ahead of the curve and identify new growth opportunities.
  3. Improve marketing and customer service efforts: Social listening can help businesses tailor their marketing and customer service efforts better to meet the needs and preferences of their target audience. By tracking and analysing customer feedback and complaints on social media, businesses can identify areas for improvement and implement changes to serve their customers better.
  4. Monitor and respond to negative feedback: No business is perfect, and there will inevitably be negative feedback about your brand or products on social media. Social listening allows you to track and respond to negative feedback in a timely and effective manner, which can help to minimise the impact of negative reviews or comments and improve customer satisfaction.

Social listening is a powerful tool that can help businesses gain valuable insights, identify trends and opportunities, and improve their marketing and customer service efforts. By regularly monitoring and analysing online conversations about their brand, businesses can stay connected with their customers and stakeholders and remain competitive in today’s digital landscape.

Read more: Adapting Your B2B Software to Different Markets: Tips and Best Practices

Solution 1: Agorapulse 

Agorapulse is a comprehensive social media management tool that helps businesses monitor and engage with their online presence. It offers a clean and easy-to-use interface that allows users to set up specific parameters for tracking brand mentions on YouTube and Twitter. In addition, users can refine their searches by excluding certain words and using boolean operators to focus on specific conversations. Agora Pulse also enables users to take action on the conversations they monitor, such as liking, retweeting, or replying to posts, and allows users to label, bookmark, and assign monitoring items to teammates or clients for follow-up. The platform also includes features for managing social media tasks and collaborating with a team, making it a powerful tool for businesses looking to stay organized and effectively manage their social media presence.

Solution 2: YouScan

YouScan is a social media listening platform that uses AI to help businesses understand consumer opinions and manage their brand reputation. It offers detailed search parameters and the ability to use Boolean operators to find relevant mentions of your brand online. In addition, YouScan has a feature called Visual Insights that uses an accurate AI engine to search for and analyze images based on detailed parameters. This can help businesses understand consumer demographics and get insights into their product’s real-world consumption situations, as well as find inspiration for marketing campaigns and identify influencers and brand ambassadors. YouScan also has the ability to track mentions of your brand by influential people and see which of these have the most engaged audiences. It also has Smart Alerts that notify you of negative sentiment about your brand, and you can even integrate complaints directly into your helpdesk system.

Solution 3: BrandMentions

BrandMentions is a social media monitoring tool that helps businesses track and analyze online conversations about their brand or product across a variety of channels. It provides comprehensive sentiment analysis to determine the tone of the conversations and allows businesses to monitor their competitors and research brands or topics in any market. With real-time notifications through email alerts and link notifications, BrandMentions helps businesses stay up-to-date with everything important in their market and anything related to their company. In addition, it offers the ability to spy on competitors and reveal their marketing strategies, as well as quickly research any brand or topic in any market.

Solution 4: Buzzsumo 

Buzzsumo is a social media tool that allows businesses to track and analyze online content and conversations about their brand or specific topics. It provides engagement figures for mentions of your search term on social media platforms and the total number of links each mention has received. It also has an alerts feature that allows you to track brand mentions, competitor mentions, content from a specific website, keyword mentions, backlinks, or mentions by a particular author and customize the parameters to fit your needs. Buzzsumo can be used to explore high-performing content, analyze data points to improve marketing strategy, identify influential people, and track comments and trends in real-time.

Read more: From Idea to Launch: A Guide to Creating and Selling a B2B Software Product

Solution 5: Sprout Social

Sprout Social is a high-end professional social media management app. Although most of its features relate to social media management and optimisation, it also includes social CRM tools and listening capability. It contains many collaboration tools, making it easy to work with a team. Every time you enter Sprout Social, it presents you with a Dashboard that suggests what you should do next. One of the most user-friendly features of Sprout Social is its unified Smart Inbox. You can reply to your messages, retweet/repost or repin content, like items, etc., from within Sprout Social. You can group all of your messages in any way you desire. You can filter your inbox in multiple ways, including keywords and hashtags. Sprout Social’s social listening feature works the same way as the Smart Inbox, and you can track mentions of your brand, competitors, or keywords. You can quickly build complex queries using Boolean phrases in the Query Builder, making your question clear. You can refine your searches to ensure that most of the mentions shown are about your firm.

Solution 6: Talkwalker

Talkwalker is a social media marketing platform that provides a tool for businesses to monitor and analyze brand mentions on social media platforms. It uses its proprietary visual listening technology to track key performance indicators like hashtag performance and customer sentiment, and allows companies to compare their brand against competitors. Talkwalker also includes an AI-powered insights and automation engine that can process consumer data across 187 languages and provide automatic segmentations of data. In addition, the platform offers real-time market intelligence and the ability to analyze customer data from any source in one place. It is designed to help businesses understand consumer and customer trends, identify emerging industry insights, and capture unseen business opportunities.

Solution 7: Meltwater

Meltwater is a software platform that provides AI-driven insights for businesses, including social media monitoring and engagement tools focusing on analytics and targeted engagement. It tracks millions of posts from social media platforms, blogs, and news sites, filters out irrelevant mentions, and assigns sentiment to relevant comments. With Meltwater, you can set up searches, find key influencers, and track your online performance using multiple dashboards, including some that monitor, benchmark, and analyse your online activity. You can also customise your dashboards to fit your needs. Meltwater allows you to use three keywords per search and refine your results with various filters. In addition, it performs sentiment analysis on the results to determine whether each mention is positive, negative, or neutral.

Solution 8: NetBase

NetBase is a platform that provides real-time insights into customer conversations on social media. It uses AI to analyse millions of social media posts daily and determine emotions, behaviours, attributes, hashtags, people, and brands mentioned. In addition to social data, NetBase also uses non-social data such as surveys, focus groups, ratings, and reviews to gather as much information as possible about a business. It allows companies to track conversations about their brand across 99+ countries and 199 languages, including analysing emojis and language and comparing the performance of owned, earned, and partnered content. NetBase’s AI can also identify when your brand appears in pictures, which can help you find popular user-generated content related to your brand on visual platforms like Instagram and detect any misuse of your logo. Forrester recently named NetBase a leader in their social listening platforms report.

Solution 9: Synthesio

Synthesio is a social media intelligence platform that helps businesses monitor and analyze their online presence. It captures data from social media platforms in over 80 languages and performs automatic sentiment analysis in over 20 languages. Synthesio provides customisable dashboards that display a large amount of data about social mentions of a brand, including metadata about the content, author, and tone. It also lets businesses track views, likes, favourites, replies, retweets, and shares from Facebook, Twitter, Instagram, and YouTube on their dashboards and add high-level business intelligence with media value and engagement rate widgets. Synthesio enables businesses to export large pre-filtered data sets through API or an in-house tool and merge social listening metrics with performance data in various business intelligence tools.

Solution 10: Mention

Mention is a tool that helps businesses monitor and gain insights from various sources such as the web, social media, forums, and blogs to learn more about their brand and industry. It offers three plans: Solo, Starter, and Company. The Solo plan is designed for a single user to monitor their brand. In contrast, the Starter plan targets small businesses to monitor their brand and competitors and includes a dashboard, access to sentiment analysis, and an influencer’s dashboard. The Company plan is designed for companies and agencies looking to grow their brand and business. It includes features like Facebook crawling, historical data, a Twitter dashboard, and more. In addition, mention offers sentiment analysis for all mentions, allows users to customise alerts, filter by source, language, and date, and refine signals by adding or deleting keywords.

Solution 11: Brandwatch

Brandwatch is a platform that allows businesses to monitor and analyse online conversations about their brand, products, or industry on social media and other online platforms. It offers tools for tracking specific keywords, phrases, or hashtags, analysing the sentiment of those conversations, identifying popular topics and hashtags, and identifying influencers. In addition, it provides advanced filtering and analysis capabilities, such as tracking conversations in multiple languages and accessing data by keyword, source, demographics, influencers, and content type. Brandwatch can help businesses identify and respond to negative publicity, set up automated reports of trending topics and mentions, create collaboration and brand growth strategies, and create targeted audiences based on specified criteria. It also offers a collaborative content calendar and a social inbox for managing customer support and community management across all channels.

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Solution 12: Digimind

Digimind is a company that provides a range of tools for businesses to monitor and analyse online conversations and data. Its products, Social Listening and Market Intelligence, allow businesses to track mentions of specific terms and topics across millions of online sources in real-time, and gain insights to inform their marketing strategies. They can also analyse and benchmark an unlimited number of social media accounts, track their brand’s presence on Google searches, and follow customer conversations about their brand and their competitors’ brands, products, people, and more. In addition, Digimind’s tools allow businesses to share content, engage audiences, generate reports, measure the ROI of media campaigns, and manage their reputation.

Solution 13: Brand24

Brand24 is a social media monitoring and analytics tool that helps businesses track and analyse online conversations about their brand. It offers features such as a feed of mentions of your brand, influencer identification, sentiment analysis, instant notifications for negative mentions, and the ability to engage with customers online. It also provides analytics on the volume of mentions of your brand over time and who is talking about it online. Brand24 allows businesses to track and measure their marketing and PR efforts, including reach and engagement, and offers the option to generate automated reports for daily or weekly updates. It is designed for businesses of all sizes and can be used to improve customer satisfaction, protect online reputation, and learn more about customer preferences.

Solution 14: Sprinklr

Sprinklr is a social media management platform that offers a social listening feature to help businesses monitor and analyse online conversations across various sources, including social media channels. It provides businesses with insights and information that can support their business goals. The platform includes customisable dashboards and real-time insights, allowing firms to monitor and benchmark their performance and that of their competitors. It is designed for enterprises and offers a range of features including social engagement, social advertising, social care, and social advocacy. It is aimed at helping companies deliver better customer experiences across all digital channels and improve their customer and fan interactions.

Solution 15: Emplifi

Emplifi is a social media marketing platform that provides businesses with tools for tracking and analysing customer interactions and data from social media and other customer touchpoints. The company’s social media listening tool helps businesses improve their campaigns by identifying relevant hashtags and monitoring competitors, conducting keyword research, and understanding customer needs and preferences. Emplifi’s platform includes the Social Marketing Cloud, which helps businesses convert followers into customers by amplifying memorable experiences across their social presence, and the Social Commerce Cloud, which allows businesses to deliver easy shopping experiences on social platforms. The Service Cloud helps businesses provide excellent customer service and care by using AI-powered tools and targeted insights.

Solution: Latent Analytics

Compared to these off-the-shelf solutions, our own Latent Analytics come in as a higher-end fine-tuned Twitter social listening solution with state-of-the-art AI comprehension ability – allowing for the generation of better insights from the data than the rest the competition. We work with clients to understand their business needs and tune our system to ingest and output data better with AI and we have customizable modules to build automated webhooks.

Final Thoughts on Social Listening Solutions

Social listening is the process of monitoring, analysing, and gathering insights from online conversations and social media activity. It is an essential tool for businesses as it allows them to understand what is being said about their brand, products, and industry and helps them to make informed decisions about their marketing and customer service strategies.

Many social listening solutions are available, each offering a range of features and capabilities. When choosing a social listening solution, it is essential to consider your business needs and budget and to compare the features and capabilities of different answers. Some key features to look for include the ability to monitor specific terms and topics, analyse mentions and sentiment, share content and engage with audiences, generate reports, and measure the ROI of owned media.

In conclusion, social listening is essential for businesses looking to stay up-to-date on online conversations and trends and make informed decisions about their marketing and customer service strategies. Many excellent solutions are available, and by carefully considering your business needs and budget, you can find the right one.

 

Latent is a leading media tech solutions provider that empowers clients to stay ahead of the constantly evolving technology landscape. We offer tailored and comprehensive expertise, including developing commercial strategies and providing platform solutions to ensure our clients succeed in the industry at every growth stage. Contact Latent.

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