evalmyBRAND | Social Listening Blog Post

Is ChatGPT integration a useful method for businesses to boost social listening?

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Technology in today’s world of business has revolutionized the way companies interact with customers and market products. Social media is a powerful tool for building brand awareness and reaching customers, allowing businesses to connect, engage, and gain insights into behavior. With the right strategy, social media can increase customer satisfaction, loyalty, and drive sustainable growth in today’s competitive business landscape. This requires practicing social listening, which involves understanding and attentively listening to our audience. 

Social listening is the activity of monitoring and analyzing your brand’s social media platforms, online forums, blogs, and other online sources to gather information and insights about a brand, industry, or topic. With social listening you can track mentions of keywords, hashtags, and brand names, analyze sentiment and other metrics to gain an understanding of how people are discussing and engaging with a particular brand which can provide insights for businesses and organizations looking to understand their audience, track brand reputation, identify trends, and gain a competitive edge.  

 Initially, companies/businesses used social listening to monitor their brand and products on social media. However, social listening became more complex as it got more difficult when user-generated content blossomed on social media platforms and these platforms gained in popularity.  

Companies started using sentiment analysis to analyze the tone and context of online conversations as they understood the purpose of social listening is to gain insights into customers point on how they are talking, what they are saying, and how they feel about their brand. This can help businesses and organizations to better understand their audience, identify emerging trends, and address customer needs and concerns by making data driven decisions. 

Today, social listening is an integral part of any effective social media marketing strategy, helping companies to build stronger relationships with their customers and stay ahead of the competition. With the rise of big data and machine learning, many advanced and sophisticated social listening tools have been innovated, One such tool is ChatGPT-The First revolutionary disruption in the age of AI.  

 

History has always been talked in two divides– AD and BC. Now there’s a third divide, “chatGPT”. An AI language model developed by OpenAI, with an intention to understand input in natural language and produce human-like responses.   

This AI chatbot has been revolutionizing since its launch in November 30, 2022, and has broken unexpected records by reaching 100 million active users in January, just two months after its release, making it the fastest-growing consumer app in history. 

How can use chatGPT for social listening: 

ChatGPT can be used for social listening to analyze social media data and other online content to provide insights on how people are talking about a particular brand, industry, or topic. Here are some ways ChatGPT can be used for social listening: 

  1. Helps you Know your competitors 2.
  2. Identify and Track trending topics and keywords 
  3. Find top keywords used
  4.  Help with the content creation
  5. Providing Creative ideas
  6. Analyze customer sentiment using ChatGPT
  7. Generate automated responses to common inquiries
  8. Leverage ChatGPT’s language processing capabilities to understand feedback in multiple languages
  9. Generate personalized recommendations for customers
  10. Monitor and analyze social media conversations related to your brand or products
  11. Identify and address potential issues or concerns before they escalate. 

 

ChatGPT can be used on a variety of platforms and interfaces, including websites, messaging apps, and voice assistants, to offer consumers support, knowledge, and entertainment to users. Anyone looking for information or assistance on a variety of issues can utilize it as an accessible and simple-to-use resource by integrating with your application. 

Social listening with and without ChatGPT

Overall, using ChatGPT for social listening provides several advantages over traditional social listening methods. It offers more accurate, faster, and deeper insights into online conversations while reducing the risk of human error and bias. It can also be cost-effective, scalable, and customizable, making it a valuable tool for businesses and organizations of all sizes.  

Challenges: 

Although ChatGPT can significantly enhance the accuracy and speed of social listening, it is not without its challenges. Here are some of the challenges that businesses may face when using ChatGPT for social listening: 

  • Knowledge Limitations: Knowledge is based on the data trained which is until September 2021. 
  • Inability to Reason Outside of Given Information: Response limited to its data trained.  
  • Inability to Understand Context: Not always provide accurate information 
  • Dependence on data quality: It is limited to certain domains only. Cannot advice on legal or medical queries 
  • Data overload: ChatGPT may generate large amounts of data, which can be overwhelming for businesses to analyze and interpret. 
  • Language limitations: ChatGPT may not be able to understand multiple languages or dialects, limiting its effectiveness in multilingual social media platforms. 

What is the way forward

To overcome social listening challenges with ChatGPT, businesses should ensure diverse and high-quality training data, robust data privacy measures, and consider working with data scientists or pre-built solutions. Upfront costs, emerging trends, and ethical concerns must also be considered. Regular monitoring and adjustment of ChatGPT is crucial to meeting business goals. By taking these steps, businesses can gain valuable customer insights and effectively leverage the power of ChatGPT for social listening. 

 

How Top social listening platforms using

Top social listening platforms are leveraging the power of ChatGPT incorporating ChatGPT to enhance their social listening capabilities, to improve their ability to understand, analyze and respond to customer feedback on social media. For instance, some tools are using ChatGPT to identify and analyze customer sentiment, track trending topics and keywords, and generate automated responses to common inquiries. Additionally, some tools are using ChatGPT to generate personalized recommendations for customers based on their social media activity and feedback. By integrating ChatGPT into their platforms, top social listening tools are able to provide businesses with more accurate, relevant, and actionable insights into customer behavior and preferences. 

EvalmyBRAND which is a new entrant, finds chatGPT to be very useful as it can ultimately help businesses improve their marketing strategies, product offerings, and customer experience is in a process of integration with ChatGPT.