What’s hot in social media – February 2012 round up

Share Button

February was a busy month in social media: Pinterest rocketed in popularity so much that some are (wrongly) calling it “the next Facebook”, while Facebook itself announced the roll-out of Timeline for brand pages. Here’s a few other things that have caught our eye this month, which you may have missed:

Twitter sentiment analysis heats up

  • Datasift historic tweetsTwitter and UK based data technology company Datasift came to an agreement to release tweets going back two years. Until now, marketers have only been allowed to see tweets from up to 30 days ago. Datasift will be taking in about 250 million tweets every 24 hours and analysing them for sentiment, location and influence. The effect of this arrangement to access the Twitter archive has led to concerns about privacy, as well as conjecture that it could be a step towards being able to predict future events.
  • And speaking of predicting the future, HP and Organic took advantage of this month’s Oscars to play with some real time sentiment analysis. Similar to XFactorTracker from Professor Noreena Hertz, The Awards Meter used language analysis to monitor Twitter during the run up to the Oscars and ranked nominees according to popular or negative opinion on Twitter. At FreshNetworks we believe that you can’t necessarily take sentiment analysis at face value - automated tools need deeper analysis and understanding of the tool’s inherent biases to really dig in for insights.  However, simple tools like the Awards Meter do hint at how useful it can be to look at social media for viewing overall trends and, and are a great way to demonstrate the technology.

Social influencers are the new darlings of social media

  • PeerIndex, the social influence company has released a service targeted towards people who are ranked highly in specific subjects to offer them related discounts. Essentially a free sampling service, ‘PeerPerks’ aims to differentiate itself by ensuring that free samples only go to people who are really influencers in their product fields – with the aim being that if they then talk about the products in their social circles, the uptake will be much greater. As Ian Carrington, mobile sales director at Google UK said during Social Media Week, consumers are 300% more likely to buy something when it is recommended by a friend, so it will be interesting to see whether PeerPerks takes off.
  • Boo Facebook's most influential dogAnd as we’re involved with Park Bench, a community for dog owners, we like to keep a handle on the non-human influencers in social media too – and with almost 3.5 million fans, Boo is possibly the most famous dog on the planet. Interestingly, it looks like even he is now endorsing products in social media with the recent mention on his Facebook page of a new American Apparel hoodie. Will other brands be jumping on the Boo bandwagon?
Share Button