Sma Co1
Sma Co1
Subject Incharge,
Mrs. Bhakti Aher
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Social Media Analytics: Overview
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Need for SMA
They help you understand your audience
They show you what your best social networks
are
Social data can help you create better content
Help you Understand competitors
Social metrics can help you create a better
strategy
Social media analytics shows you how a social
media campaign is performing
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Purpose of Social Media Analytics
Research
Inclusion in PG Syllabus
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Course Objectives
The course aims:
1. Familiarize the learners with the concept of social media.
2. Familiarize the learners with the concept of social media analytics
and understand its significance.
3. Enable the learners to develop skills required for analyzing the
effectiveness of social media.
4. Familiarize the learners with different tools of social media
analytics.
5. Familiarize the learner with different visualization techniques for
Social media analytics.
6. Examine the ethical and legal implications of leveraging social
media data
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Course Outcomes
1. Understand the concept of Social media
2. Understand the concept of social media Analytics and its
significance.
3. Learners will be able to analyze the effectiveness of social
media
4. Learners will be able to use different Social media analytics
tools effectively and efficiently.
5. Learners will be able to use different effective Visualization
techniques to represent social media analytics.
6. Acquire the fundamental perspectives and hands-on skills
needed to work with social media data.
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Theory Syllabus
1. Social Media Analytics: An Overview
Core Characteristics of Social Media, Types of Social Media, Social media landscape,
Need for Social Media Analytics (SMA), SMA in small & large organizations.
Purpose of Social Media Analytics, Social Media vs. Traditional Business Analytics,
Seven Layers of Social Media Analytics, Types of Social Media Analytics, Social
Media Analytics Cycle, Challenges to Social Media Analytics, Social Media Analytics
Tools
2.Social Network Structure, Measures & Visualization
Basics of Social Network Structure - Nodes, Edges & Tie Describing the Networks
Measures - Degree Distribution, Density, Connectivity, Centralization, Tie Strength &
Trust Network Visualization - Graph Layout, Visualizing Network features, Scale
Issues. Social Media Network Analytics - Common Network Terms, Common Social
Media Network Types, Types of Networks, Common Network Terminologies,
Network Analytics Tools.
3.Social Media Text, Action & Hyperlink Analytics
Social Media Text Analytics - Types of Social Media Text, Purpose of Text Analytics,
Steps in Text Analytics, Social Media Text 8 Analysis Tools Social Media Action
Analytics - What Is Actions Analytics? Common Social Media Actions, Actions
Analytics Tools Social Media Hyperlink Analytics - Types of Hyperlinks, Types of
Hyperlink Analytics, Hyperlink Analytics Tools. 10
4.Social Media Location & Search Engine Analytics
Location Analytics - Sources of Location Data, Categories of
Location Analytics, Location Analytics and Privacy Concerns,
Location Analytics Tools Search Engine Analytics - Types of Search
Engines, Search Engine Analytics, Search Engine Analytics Tools
5.Social Information Filtering Social Information Filtering
Social Sharing and filtering , Automated Recommendation systems,
Traditional Vs social Recommendation Systems Understanding Social
Media and Business Alignment, Social Media KPI, Formulating a
Social Media Strategy, Managing Social Media Risks.
6.Social Media Analytics Applications and Privacy
Social media in public sector - Analyzing public sector social media,
analyzing individual users, case study. Business use of Social Media -
Measuring success, Interaction and monitoring, case study. Privacy -
Privacy policies, data ownership and maintaining privacy onlin
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Text Books and Reference Books
1. Seven Layers of Social Media Analytics_ Mining Business Insights from Social
Media Text, Actions, Networks, Hyperlinks, Apps, Search Engine, and Location
Data, Gohar F. Khan,(ISBN-10: 1507823207).
3. Mining the Social Web_ Analyzing Data from Facebook, Twitter, LinkedIn, and
Other Social Media Sites, Matthew A Russell, O‘Reilly.
4.Social Media Analytics [2015], Techniques and Insights for Extracting Business
Value Out of Social Media, Matthew Ganis, AvinashKohirkar, IBM Press
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Assessment Tools
• Assignment Test 1,2
• Internal Assement 1,2
• Assignements 1,2
• MCQs
• Preliminary Examination
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Social Media
Social media refers to the
means of Interactions among people in which
they create, share, and/or exchange
information and ideas in virtual communities
and networks.
platforms are user-centric and enable communal
activity.
Enabling us to reach, nurture, and engage with
your target audience — no matter their location.
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Social Media Analytics
is the ability to gather data and find its meaning
from social channels to support business decisions.
used to measure the performance of actions based
on those decisions through social media.
broader than metrics such as likes, follows,
retweets, previews, clicks, and impressions
gathered from individual channels
differs from reporting offered by services that
support marketing.
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Marketing Campaigning by Google Analytics
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Core Characteristics of Social Media
1. Web space
The website should provide the users free web space to upload
content.
2. Web address
The users are given a unique web address that becomes their web
identity.
3. Build profiles
Users are is asked to enter personal details
The site then mines the personal data to connect individuals.
4. Connect with friends
Users are encouraged to post personal and professional updates
about themselves.
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Core Characteristics of Social Media
5. Upload content in real time - Users are provided the tools
to post content in real time.
content can be text, images, audio, video or even symbolic
likes and dislikes.
The last post comes first, giving the site freshness.
6. Enable conversations
Members are given the rights to comment on posts made by
friends and relatives. The conversations are a great social
connect.
7. Posts have time stamp
All posts are time stamped, making it easy to follow posts.
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Schematic
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Social Media Landscape
Refers to the way people get their news
and entertainment.
In earlier times,newspapers,books,radio,
television, records, movies.
Now a days, OTTs, Kindle Editions, Social
Networking Sites, E-shopping.
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SMA Fundamentals
According to Psychologists, there are four types of Human
Behavioral Assessors:
1) Intelligence Quotient(IQ)-
Problem Solving Ability, Numerical Data
2) Emotional Quotient(EQ)-
Decision Making Ability, Multimedia Data
3) Social Quotient(SQ)-
Time Management Ability, Numerical Data
4) Adversity Quotient(AQ)-
Ability to Endure challenges, Multimedia Data
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Social Media VS. Traditional Business Analytics
The main difference is the source, type, and nature of the data
being mined.
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Social Media VS. Traditional Business Analytics
Social media data is socialized in nature and
originates from the public internet, while
traditional business data is bureaucratic and formal
in nature and is controlled by organizations.
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Social Media VS. Traditional Business Analytics
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Unstructured Data
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Semistructured Data
<CATALOG>
<PLANT>
<COMMON>Bloodroot</COMMON>
<BOTANICAL>Sanguinaria canadensis</BOTANICAL>
<ZONE>4</ZONE>
<LIGHT>Mostly Shady</LIGHT>
<PRICE>$2.44</PRICE>
<AVAILABILITY>031599</AVAILABILITY>
</PLANT>
<PLANT>
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Structured Data
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SMA In Small Organizations
Small refers
capital investment (up to Rs. 1,00,00,000)
number of Bureaucrats (up to 500)
Infrastructure set up cost
(upto 2,00,00,000)
Examples
Freelancer
Life Coach
Online Consultant Firm
Small Scale Manufacturing Unit.
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SMA In Small Organization
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SMA In Large Organizations
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Seven Layers Of SMA
Social media has a minimum has seven layers of data.
Each layer carries potentially valuable information and insights that
can be harvested for business intelligence purposes.
Out of the seven layers, some are visible or easily identifiable (e.g.,
text and actions) and other are invisible (e.g., social media and
hyperlink networks).
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Seven Layers Of SMA
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Types Of Social Media
Traditional social networking sites
( Facebook, Twitter, LinkedIn.)
Social review sites
(Yelp online, Yellowpages).
Community blogs
(89 community blogs, Sample blogs)
Discussion sites
(Quora, XDA-Devoopers)
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Types of Social Media
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Types Of Social Media Analytics
1. Descriptive Analytics
2. Predictive Analytics
3. Prescriptive Analytics
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Types of SMA
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Case Study: Optometry Brand
Titan
Titan Raga
Fastrack
Titan Eye+
Lenskart
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Descriptive Analytics
This involves gathering and describing
social media data in the form of
reports, visualizations, and clustering
to understand a business problem.
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Predictive Analytics
Predictive analytics: This involves
analyzing large amounts of accumulated
social media data to predict a future event.
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Prescriptive Analytics
Involves suggesting the best action to
take when handling a scenario based
on analyzing patterns of behavior.
It has not yet been widely applied to
social media data.
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SMA Life Cycle
Identification
Extraction
Extraction
Cleaning Interpretation
Analysing
Visualization Visualization
Cleaning
Interpretation
Analysing
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SMA Lifecycle
The social media analytics process involves six steps to mine desired
business insights from social media data. The process begins with defining
business goals and objectives, and continues until these objectives are fully
satisfied.
The six general steps are:
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Step1 - Identification
The identification stage of social media
analytics involves finding the right sources of
data to analyze in order to gain valuable
business insights.
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Step 2 - Extraction
It involves extraction of data using
appropriate methods and tools to
gather data from identified
sources.
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Step3 - Cleaning
The cleaning step in social media analytics involves removing
unwanted data from the collected data set.
This can involve processes such as coding, filtering, clustering,
and natural language processing to remove irrelevant data.
Both automated and manual techniques may be used for cleaning,
depending on the type of data and the desired level of accuracy.
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Step 4- Analyzing
The analyzing stage of social media analytics involves
using clean data to identify valuable insights for the
business.
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Step 5 - Visualization
Involves creating
visual representations
of the results of the
analysis.
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Challenges to SMA
Volume and Velocity
Unstructuredness
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SMA Tools
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SMA Tools
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Questions
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CO 1 Revision
Characteristics of SMA- Core, Advanced
SMA Landscape
Purpose of SMA
SMA in Small and Large organization
SMA vs TBA
7 Layers of SMA
Types of Social Media
Types of Social Media Analytics
Challenges to SMA
SMA Tools
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