2023 estimations say that 4.8 billion people actively use social media worldwide — That’s more than half of the global population, and the number continues to grow at an astonishing rate. The social media explosion has opened up a whole new world of data just waiting to be explored. That’s where AI-powered social listening comes into play, equipping businesses with an unparalleled advantage.
Imagine tapping into the collective voice of millions, decoding sentiments, and uncovering hidden patterns, all in real-time. It’s like having a supercharged megaphone to capture the pulse of your customers and adapt swiftly to their ever-changing needs.
Artificial intelligence, fueled by machine learning algorithms and natural language processing, allows companies to monitor and analyze online discussions, sentiments, and trends across various social platforms in real-time.
Let’s uncover the untapped potential of AI-powered social listening and discover how it can propel your business toward unrivaled success.
What Is AI-Powered Social Listening?
Social listening is all about listening and monitoring your brand’s social media channels to know more about your customer preferences and feedback. It also monitors direct mentions of the brand and discussions regarding its specific keywords, topics, competitors, or industries. These insights help brands to improve their marketing campaigns.
The ultimate goal of employing social listening is to understand your customer’s preferences and what they say about your brand on social platforms while collecting their feedback to serve them better.
Here’s how social listening works:
Step 01:
Firstly, AI algorithms monitor social media profiles for mentions of your brand, competitors, products, and keywords relevant to your industry and business.
Step 02:
Next, those smart AI algorithms analyze the information you gathered while monitoring and then decode the actionable insights within it. These insights help you find the root cause behind those social conversations and brand mentions while getting to know what people think about your brand. It greatly helps to create effective marketing strategies.
What Do Social Listening Algorithms Can Listen to?
A list of relevant keywords and phrases will help you gather the most meaningful insights for your business. AI algorithms can monitor and listen to the following categories:
- Your product/service or Brand name
- Your social media accounts
- Industry buzzwords
- Hashtags and words relevant to your brand
- Topics your target market is interested in
- Your product category
- Slogans you’ve used
- Your competitor brand
Remember that conversations related to your business can happen anywhere on the internet, so monitoring maximum social media channels is better. You can start with channels that your current target audience and customers most use while adding other channels to your strategy with time.
Moreover, you can filter the information gathered by the social listening tool according to your keyword list, sentiment, type of interaction, share, like, or comment.
Pairing your social listening process with AI is more effective for growth as it lets you scan the internet on a large scale and help you find out what people say about your company, product, or brand.
People quite often confuse the term social listening with social monitoring. Although both terms fulfill almost the same purpose, that is, to pay attention to the customer’s voice across social media platforms. However, there are some differences between both terms.
Social Listening and Social Monitoring: Here Are the Differences
Here is the list of Social Media Listening tools you can leverage for your business.
How AI-Powered Social Listening Propels Your Business Forward?
The benefits of AI-powered social listening for businesses are huge. It’s proven by Hootsuite’s 2022 Social Media Trends Survey that 65.6% of participating marketers believe social listening has become valuable and essential for organizations.
With All-powerful artificial intelligence, businesses can transcend the noise and gain deep insights from the vast ocean of social media conversations. This transformative technology empowers businesses to make data-driven decisions, refine marketing strategies, identify emerging opportunities, and ultimately stay one step ahead of the competition.
Here’s how social listening can help your business:
Image Recognition
Image recognition algorithms can identify and dig out visual mentions of brands, products, logos, or specific objects from social media posts. It helps organizations track the reach and impact of their visual content in real-time.
Analyzing facial expressions, objects, and contextual cues, it is easy to figure out the emotions or attitudes expressed in images shared on social media. What’s more, Image recognition can be used to analyze the sentiment hidden in images. It provides valuable insight into how audiences view brands, campaigns, and events.
Sentiment Analysis
NLP helps AI-powered social listening systems to decode sentiments in people’s online conversations. Sentiment analysis lets you determine public sentiment toward your brand, products, or services.
Natural language processing puts text data into various categories. Further text analytics detect spam, monitor social media, moderate content, and make intelligent recommendations.
Companies can identify positive, negative, or neutral opinions by looking over the sentiment expressed in social media posts, comments, reviews, and discussions. By doing so, they can improve customer satisfaction while understanding and evaluating the brand’s reputation.
Visual Content Analysis
In 2023, the rate at which photos are taken is mind-boggling — thanks to ever-improving smartphone cameras. Photutorial statistics say that a staggering 54,400 photos are captured every second, which adds up to 196 million photos per hour and 4.7 billion per day!
Analyzing such a huge amount of visual data can give you a deeper understanding of your customer sentiment, their perception of your brand, and emerging trends. You can determine whether the sentiment expressed is positive, negative, or neutral.
Monitoring visual content allows us to identify instances where brand logos appear, even without explicit mentions or tags. This info can be extremely valuable for tracking brand visibility and measuring the effectiveness of marketing campaigns.
Artificial intelligence has become more than just a marketing gimmick used by IT companies and startups in the past few years. Using AI-powered social listening technologies in your marketing plan can save you time and money and give you a better understanding of your target demographic.
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Segmentation with AI
AI-powered Segmentation is quite a necessary thing in social listening and monitoring. It categorizes social media users by geography, age, gender, marital status, parental status, and other demographics. It helps in identifying influencers in those categories. Understanding who’s talking about key topics can help you tailor messages, initiatives, and responses.
Competitive Intelligence
Besides analyzing online conversations of your brand, social listening with AI can also tell you what people are saying about your competitors. It will give your business valuable insights about competitor strategies, product feedback, and customer queries that help you thrive in an ever-growing, competitive business landscape.
Proactive Crisis Management
Social listening backed by AI enables businesses to monitor and detect potential crises or negative sentiments surrounding their brand in real-time. The sooner a company recognizes and addresses customer concerns, the less likely a crisis will escalate, and the more likely their reputation will be maintained.
Overall, AI-powered social listening revolutionizes the way businesses gather customer insights. It provides a holistic view of customer behaviors, preferences, and sentiments, empowering you to make data-driven decisions for your business, build stronger customer relationships, and stay ahead in today’s dynamic market landscape.