Management consultant Peter Drucker is attributed with saying “If you can’t measure it, you can’t manage it.” I don’t know about you, but having worked in PR for more than a decade, where measuring impressions from “hits” inside fat clip books was how we proved our worth to clients, the need to accurately measure social media efforts is now even greater. The sheer volume of online chatter, and proving your ROI in a recession, are forcing measurement to the forefront.
But even so, according to a recent Babson and Mzinga survey of professionals using social media worldwide: “Despite widespread adoption of social media, measurement still lags. Only 16% of those polled said they currently measured ROI for their social media programs.”
What’s happening with the 84% of respondents who aren’t measuring their social media marketing efforts? I can say with certainty that they’re not using either SM2 from Techrigy or Radian6, two major monitoring and measurement tools that I’ve used extensively over the past year. Now, it’s no longer a question of whether you should or shouldn’t measure your social media marketing efforts. It’s a question of which tools are the best. Over the course of three blog posts, I will break down the strengths and weaknesses of both tools for you, comparing functionality, ease of use, and price.
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