Sunday, October 19, 2014

GCruzYDLD24/7: Week7 RESPONSE to J.Voss Q1 & Q2



I also agree that large and small companies may use social scoring, but social scoring and influencers are both used to rate a person’s level of influence based on evaluating one’s followers, friends and postings on social networks like Twitter and Facebook. However, I question how accurate is the data being used and how are the results being determined for posting online for viewing? 

Some companies are able to score millions of people - soon billions - based on their level of influence with different assessment and measuring tools based on an individual’s level of influence, with the results of those scores getting posted online (netlingo.com).  Although social scoring could aide some companies by providing them with competitive information that can and / or will help a company owners to analyze what his / her competitors are doing in the marketplace to gain access to your company’s consumers / customers. In addition, the results from social scoring can provide data to reveal current market trends that may impact your company and your customers. However, since the results of social scoring can be subjective this could allegedly result in the information from various scores that are posted online to rate some influencers inaccurately due to flawed data. In addition, the social scoring process could create a class system amongst those who use Klout and social scoring as a basis for marketers to accurately measure and assess the effectiveness of a company’s ad and marketing campaigns.

References:
Schaefer, M. (2012). Return on influence: the revolutionary power of klout, social scoring, and influence marketing. McGraw-Hill.

Retrieved: October 18, 2014. From: http://www.netlingo.com/word/social-scoring.php

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