Hodos Analytix Glossary

 
Social media analytics is a fast evolving domain with a steady flow of new terms powering the technology and the analysis methods used to power the consumer insights. We provide you with a short glossary of words and terms used in the industry meant to help you cut through the talk.
 
 
Affinities

Affinities refer to the interests of an audience how those interests compare to the general population or another specific audience.

API

API is an acronym for “Application Programming Interface”. APIs serve as a standard for different software programs to communicate with each other. Within the context of social media analytics, APIs enable:
Analytics firms to procure data from content sources (Twitter, Facebook, etc.)

Customers to export analytics into business intelligence tools (Domo, Tableau, and similar), proprietary dashboards, CRM solutions, or other custom applications

Researchers to import/upload their own unstructured data into analytics tools, such as open-ended survey responses, customer service cases, or product/service reviews

Audience Analysis

In social media analytics, audience analysis refers to researching the interests, preferences, demographic, location, and other aspects of a group. This could be a broad audience like “all Twitter users” or a much narrower group like “millennial female fans of The Bachelor in Massachusetts.

A list of specific content sources (such as websites or particular authors) that can be designated by the user which will not be included in the collection of data.

Boolean Search

In Boolean searching, an “and” operator between two words or other values (for example, “pear AND apple”) means one is searching for documents containing both of the words or values, not just one of them. An “or” operator between two words or other values (for example, “pear OR apple”) means one is searching for documents containing either of the words. In social media analysis, seasoned analysts may choose to use boolean, while other may use quick search tools that don’t require any understanding of boolean operators.

Bots

On social media, accounts that post automated promotional content or spam are referred to as bots. It’s important to filter out such posts and accounts for accurate social media analysis.

Brand Health

Brand health refers to a collection of metrics surrounding your brand’s online presence. While the specific metrics tracked often vary, the ultimate goal is to measure your brand’s awareness and sentime

Crisis Monitoring

Crisis monitoring for brands means constantly looking for signs of a potential brand crisis as well as monitoring the response to a current brand crisis. Social media analytics is incredibly useful for crisis monitoring as it allows brands to track consumer reactions in real-time on a large scale.

Competitive Intelligence

Competitive intelligence (CI) can be defined as the collection and analysis of information about products, customers, competitors, and any aspect of your business’s competitive environment. Social media analysis allows brands to gather competitive intelligence on what competitors are Consumer insights

Customer or consumer insights are interpretations of trends in human behavior. These insights are used by brands and agencies to increase the effectiveness of marketing, products and services, advertising, and more.

Custom Categories

Custom social media analysis categories allow brands to use machine learning to create their own categories for measuring social media conversation. For example, standard categories for sentiment analysis are positive, negative, and neutral. If a brand wanted to gauge consumer reaction to a PR crisis they could create categories like “outraged / expect better/ this issue is typical / sympathetic / neutral .” These categories specific to the situation would provide a more accurate and detailed look at consumer response to a brand crisis.

Dark Social

Any social media content that is shared outside of what can be measured by analytics—it has no known source For example, if you copy and pasted this blog post’s URL and shared it via email or text message, that would be dark social.

Dashboard

A virtual, shareable canvas with the ability to customize a collection of meaningful metrics in an easy, straightforward way.

Demographics

In general, demographics refers to statistical data relating to the population and particular groups within it. When applied to social media data, demographics look at factors like the age, gender, location of specific groups or audience segments. Social media analytics can identify the demographics of groups discussing any brand, topic, or product.

Earned Media

Earned media refers to media exposure you’ve earned through word-of-mouth. On social media, this refers to people discussing your brand Whether it was the fantastic content you’ve distributed, the influence of your SEO efforts, the customer experience you’ve delivered, or a combination of all three, earned media refers to the recognition you receive as a result.

Engagement Rate

Engagement rate is a metric used to describe the amount of interaction a social post receives such as likes, shares, comments.

Emoji Analysis

Emoji analysis is the ability to analyze emoji use the same way you would analyze text. From example, instead of just seeing the top words in the conversation about your brand or product, you can also see the top emojis used in the conversation.

Emotion Analysis

Emotion analysis goes beyond positive, negative, and neutral categorization. Posts can be automatically categorized predetermined human emotions. For example, the most common emotions according to leading psychologists and anthropologists are anger, fear, disgust, joy, surprise, and sadness.

Forum

An online forum, or message board, is a discussion site where people can hold conversations in the form of posted messages. Reddit is one of the most popular forums, with subcategories of discussions on a wide variety of topics.

Geofilter

Shorthand for “geographic filter”, or a method of filtering your social analysis by location. For example, you may want to see posts about your new product, but only in London.

Geo-targeting

A feature on many social media platforms that allows users to share their content with geographically defined audiences. Instead of sending a generic message for the whole world to see, you can refine the messaging and language of your content to better connect with people in specific cities, countries, and regions. You can also filter your audience by language.

Historical Data

In social media analytics, historical data refers to the archive of social posts from the past that are available for analysis. Historical data is crucial for trend analysis and understanding how consumer opinion has changed over time.

Influencers

Influencers are social media users or accounts that drive and influence a conversation. In social media analytics, identifying influencers adds context to analysis and helps brands understand the reasons behind the influence and how to harness it.

Image Analytics

Image analysis (also know as “computer vision”) is the ability of computers and software to recognize attributes within an image. In social media analysis, image analysis adds another layer of context on top of text analysis. The same methods of categorization used in text analysis also apply to image analysis. Image analysis allows you to gain insights from the logos, objects.

Logo Recognition

Logo recognition detects brand logos within images. Logo recognition technology can be applied to social media images to allow brands to identify how their logo and products are appearing online, with or without text mentions of the brand. This is useful for identifying sponsorship ROI, how customers are using products, as well as misuse of brand logos.

 

Machine Learning

Machine learning gives a social media analytics tool the ability to learn exactly what you’re looking for in your analysis and categorize results based on example posts instead of just keywords and rules.

Metadata

Metadata means data that provides information about other data. In terms of social media data, the metadata about a post could include background information like the time of day, location.

Monitor

In social media analytics, a monitor refers to group of reports based on a specific set of keywords, content sources, date range, filters, training data, etc. For example, your brand may choose to create a specific monitor to measure the conversation around a product launch.

Natural Language Processing

NLP is used to analyze text, allowing machines to understand how humans speak. This human-computer interaction enables real-world applications like automatic text summarization, sentiment analysis, topic extraction, named entity recognition, parts-of-speech tagging, relationship extraction, stemming, and more. NLP is commonly used for text mining, machine translation, and automated question answering.

Net Sentiment

Net Sentiment the net value the opinions and feelings consumers express in an online conversation, ultimately determined to be positive, negative, or neutral. With social media analytics, you can measure the sentiment about any brand, product, or topic and track how it changes over time.

Organic Reach

Describes the number of unique people who view your content without paid promotion. The distinction between organic and paid reach is, of course, that the former is free. People come across this content through the feeds, streams, posts, pages of their contacts—usually friends, family, colleagues.

Owned Media

Owned media is content you’re in full control of, such as your company website, your blog, and your social media accounts.

Paid Media

Paid media refers to all paid advertising, sponsorship, and promotion of your brand. On social media, this is any social advertisements or posts that you pay to promote.

Psychographics

The study and classification of people according to their attitudes, aspirations, and other psychological criteria. In social media analytics, psychographics can refer to the overall preferences and opinions specific audience segments or consumers in general. The affinities, or interests, of audiences would be considered psychographics.

Purchase Intent

Purchase intent is a measurement of the probability that a consumer will purchase a service or product. In social media analytics, purchase intent can be calculated with custom categories based on posts that express varying levels of intent to purchase a product.

Report

A social media analytics report contains a select group of insights and metrics from your monitors. A report is typically static, in that it is a snapshot of a given period of time. Dashboards provide the same data as reports, but can track metrics dynamically in real-time.

Sentiment Analysis

On the most basic level, sentiment analysis, or “opinion mining,” strives to answer the questions “what do people think?” or “how do people feel?” about a particular topic. To get more technical, sentiment analysis is the measurement of positive language and negative language.

Share of Eye

Share of eye on social media refers to a brand’s share of visibility social media images. If share of voice is based on text mentions of a brand, share of eye is based on visual mentions in images such as a brand’s logo, branding, or products in comparison with competitors. With image analytics, brands can now accurately measure share of eye.

Share of Voice

Share of voice on social media refers to a brand’s share of social media discussion in comparison with competitors. Traditionally, share of voice referred to a brand’s share of advertising and visibility, but now includes sources like social media and organic search in addition to all forms of paid advertising. Social media is the only share of voice metric that measures the voice of the consumer.

Social Media Listening

Social listening is the process of monitoring social media for specific information such as mentions of your brand, competitors, product, or other topics relevant to your business. Listening refers to the identification and collection of specific data, but the next step is analyzing that information for relevant insights.

Social Media Analytics

Social media analytics refers to extracting valuable insights from the vast amounts of social media data to enable informed and insightful decision making.

Social Media Intelligence

Social media intelligence refers to the collective tools and solutions that allow organizations to monitor and analyze social channels and conversations and synthesize social data into meaningful trends and insights.

Structured Data

Structured data refers to the kind of data that is organized and displayed in a database with rows and columns, making it straightforward to work with. Examples of structured data include everything from social shares and likes to sales numbers and business addresses. These types of data are easy to sort and categorize.

Training Data

In machine learning-powered social media analysis, training data consists of example posts use to teach the algorithm how to automatically categorize posts. For example, if you want to teach the algorithm to identify posts that convey “purchase intent” you would provide examples of social posts that convey purchase intent as training data to serve as examples. Typically the more training data you provide, the more accurately the algorithm can identify similar posts.

Text Analytics

Text analytics refers to analyzing text to uncover meaningful insights and other valuable information. The process of achieving this goal falls broadly into 2 types of approaches:

Linguistic rules and keywords approach
Statistical or machine learning approach

Topic Analysis

Topic analysis is a fast-growing approach that enables businesses to analyze large quantities of unstructured text data, and understand the main topics of each text. Topic analysis models enable you to sift through large sets of data and identify the most frequent topics in a very simple, fast and scalable way.

Topic Classifier

A Topic classifier will sort large volumes of data recognize text patterns and figure out what the the comment or review is about. This allows your customer support team to Automatically tag customer support tickets, automatically triage and route conversations to the most appropriate team, detect the urgency of a review, prioritize accordingly and get insights from customer conversations, Topic classifiers are used by customer support teams to get fast and smart problem resolution.

User Generated Content (UGC)

User-generated content is any content (videos, photos, quotes, etc.) created by consumers. Marketers often tap into their social audience to collect this type of content to support a campaign or initiative.

Voice of the Customer (VoC)

The voice of the customer refers to the process of understanding customer’s expectations, preferences and aversions. The voice of the customer can be captured in a variety of ways including social media analysis, interviews, surveys, focus groups, and more. Social media analytics provides brands with a fast and efficient way to understand the voice of the customer on a large scale.

Volumetrics

Volumetrics simply means measurement by volume. In social media analytics, volume is one of the simplest metrics to track. More qualitative metrics like sentiment, emotion, purchase intent, etc can be tracked with an advanced social media analytics platform.

Whitelist

A list of specific content sources (such as websites or particular authors) that can be designated by the user which will only be included in the collection of data.

Word Cloud

Word clouds, also known as tag clouds or weighted lists, are a visual representation of text, where the frequency of a word determines its size in the word cloud.