Social media is ever evolving. Starting out originally as a way for the Internet savvy to stay in touch online, over the years it has grown to infiltrate nearly every aspect of our lives. Now it is a fundamental part of marketing for brands both big and small. A properly maintained social media page can actually make or break your business!
This isn’t a surprising development. Back in the early days of Facebook, Mark Zuckerberg was obsessed with his mission to convert his social platform into a viable business advertising tool. Today, using social media for brand engagement and awareness is so natural that we would never question its importance.
Keeping an Eye on the Other Guys
Social media isn’t only about keeping up with your customers–it is about keeping an eye on the competition. Other brands in your industry are launching their own social media campaigns every day, and they are reaping the results. You need to be aware of the progress, their campaigns, and especially their attempts to poach your business and profits.
Social pages make it easier to do this than in the past. Here are eight social analysis tools that let you analyze and learn from competitors’ social media tactics:
Facebook Page Analyzers
BuzzSumo–I can’t say enough about BuzzSumo and its list of both free and paid tools. One such feature is the Facebook Page Analysis. Use it to get a direct comparison between your Facebook page and that of your major competitors. Add a whole list of pages to analyze side by side, making it a quick and simple tool to use.
The graph shown in the “8 Free Tools To Analyze and Track Your Competition On Social Media” graphic near the top of this post is only one of the many views the BuzzSumo Facebook analysis feature provides. Another one of my favorites shows top engagement by time of day.
Use it to search for influencers by keyword, filter them by location, and then save them to lists. Find out which influencers are promoting which competitors. Spot trending stories about to go viral. Use searches by keyword to know what to create to best reach your target audience. This is by far the most popular social analysis tool used by serious content marketers.
Fanpage Karma–Don’t be fooled by the plans listed on the website, Fanpage Karma also offers a free version of its services. The free version is very basic, but it includes a few features that allow you to monitor your social media page and those of other brands.
You can monitor only one fan page at a time on the free plan; you can monitor unlimited pages with a paid subscription. From using the tool, here are some of my favorite insights:
- Learn who your most engaged page supporters were over the last 30 days. Find out who spreads your competitors’ messages and brands to their followers.
- Posts per day: When does a fan page usually post? What about the weekend?
- Engagement per day: Which time slots work best for fans’ posts?
- Ad cost: What would the cost have been to reach the same number of people with paid ads in other marketing channels as a fan page reached with its posts.
LikeAlyzer–I love this tool because it offers something a lot of tools don’t: real explanations. If your page is weak in an area, LikeAlyzer lays out exactly what that area is and how you can fix it. To compare your site to other pages, just have a fan page of a competitor’s brand analyzed.