
The ability to track and monitor news coverage, industry developments, and mentions of your brand is crucial for professionals and businesses. News monitoring solutions automate the routine of tracking, analysing, and identifying trends across hundreds to thousands of sources simultaneously. This guide provides an overview of how the software works, which companies offer the best monitoring services, and how to create an effective media monitoring strategy.
Just like many other innovative technologies, news monitoring technology uses automated viewing, collecting, and analyzing of digitally posted web and social media articles, blog posts, news, and other traditional media based on your keywords, topic areas, competitors, and/or brand name.
Modern tools use AI (Artificial Intelligence) to analyze and understand the ‘meaning, emotion, and significance’ of web and social media postings related to your particular business or subject area, providing much greater accuracy than relying on keywords alone.
Companies can protect their brand by finding out about unfavorable stories about themselves earlier. In addition to being good business practice for businesses that use these services, the ability to monitor competitors’ actions is another advantage. These tools also allow companies to be more proactive in responding to industry risks by providing greater awareness of emerging industry trends.
Studies indicate a 60% faster response time to crises when organizations use media monitoring solutions than when they use manual processes to identify potential crises. In addition, organizations that use media monitoring services can expect to receive three or four times as many relevant mentions of their organization as they would if they conducted a manual database search.
News Monitoring sites monitor news sites, blogs, social media accounts/transcripts from online radio programs, and TV shows, as well as printed newspapers. Through this monitoring, the News Monitoring site incorporates keywords, Boolean operators, and/or “exclusion” terms (i.e., filter out items that contain these words/terms). The news monitoring sites then apply mood-tracking algorithms to determine whether the report is “positive” (good), “bad” (bad), or “neutral” (neither).
A number of our more sophisticated platforms enable the identification of items based on subject, source type (e.g., online, offline), the geographical location where the report appears, and so on. A final product is created and sent to users via alerts through custom dashboards (with options for additional subscribers to receive these alerts via email), or to the general public via reports that can be updated on-demand through a scheduled process.
There are essential differences between basic tool sets and comprehensive solutions. Basic tools offer real-time alerts and monitoring (within minutes of the publication). Additional comprehensive tools will cover multiple sources of information, including online news articles, newspapers (print), television news broadcasts, social networking sites, and discussion sites (e.g., Reddit).
Enhanced Sentiment Analysis provides more sophisticated insights than a simple binary classification of positive or negative. Instead, it also measures how emotionally or urgently someone feels about a topic. It also provides contextual ‘noise’ surrounding both positive and negative sentiment of a topic.
A comprehensive suite of tools will enable the creation of complex Boolean search constructs. In addition, they will include proximity searching and automated report generation. They will also include tools for Competitive Intelligence reporting and analysis, as well as integration with other systems such as Salesforce or Slack.
Several leading platforms dominate media tracking. Meltwater has an extensive global presence, providing full access to over 270,000 sources in 190 countries.
Cision has comprehensive databases of journalists that provide robust monitoring and PR outreach tools.
Brand24 excels at social media monitoring, offering real-time alerting at excellent price points for small and mid-sized businesses. Mention provides user-friendly interfaces and includes excellent social listening capabilities. Critical Mention offers specialised broadcast monitoring that tracks TV and radio content and mentions of companies on those networks. Finally, Google Alerts offers a free service to track keywords with simple setups.
There are many pricing options based on what matters to you and how much of your business you want to monitor (the breadth of your coverage).
So before you invest in any resources, carefully consider what you absolutely need.
For successful implementation, it is essential to have clear goals and objectives for the process. Common implementation goals include brand monitoring, crisis detection, competitive intelligence, and campaign measurement. Once you identify your goals and objectives, create comprehensive keyword lists that include brand names, product names, executive names, and competitor mentions.
Utilize boolean operators in your searches to refine your search results. For example, if you are searching for “Climate Change” AND (Policy OR Regulations) NOT Weather, then you are going to see only those items that meet your criteria. In addition to using Boolean Operators, it is essential to set up your Alert Thresholds properly so that your Team Members do not suffer from Alert Fatigue.
Assign specific monitoring responsibilities to Team Members and establish clear procedures for escalating Crisis Situations.
KPIs are an effective way to track how effectively your brand is performing. The volume of mentions is essential for gauging your brand’s visibility and monitoring its evolution over time. Share of voice measures the volume of your brand’s mentions relative to competitors, expressed as a percentage. Sentiment distribution provides an overview of the breakdown of positive, negative, and neutral coverage your brand receives.
Monitoring reach and impression levels can help you estimate how many people may be exposed to your brand messages. When tracking how fast you respond to brand mentions, you can see how fast your brand responds to mentions. Message pull-through is a measurement of whether key brand messages appear within a piece of coverage. Geographic Distribution shows where your coverage is mainly located.
For many audiences, social media platforms serve as the primary source of news. Therefore, to fully monitor current events, companies must implement Social Listening (monitoring what the public is saying about their brand on social media).
Monitoring through Social Listening provides insight into what the public really feels, how that feeling is changing over time, and potential crises when customers express negative experiences with a brand on social channels.
Powerful Analytics delivers actionable intelligence, translating raw data into strategic insights. An Executive Summary should start with 2 to 3 key bullet points that summarize your findings. In addition, use charts to illustrate overall mention volume over time, daily sentiment distribution, and a “Share of Voice” comparison among your competitors.
Furthermore, it is essential to provide context to every metric reported. For example, rather than simply stating “We received 1,000 mentions this month,” show how this month’s number compares to last month and to other industry benchmarks. Be clear on any actionable insights generated from this information. Finally, be sure to customize your reports for your audience; a report designed for a PR team will look quite different from one designed for an executive team.
Monitoring media coverage is an essential part of maintaining a positive company reputation, and media monitoring tools can help you identify these opportunities and capitalize on them. To begin, define your objectives and identify the media monitoring tools that meet your needs. Then, during the initial installation of the tools, make sure you set up the application with well-defined keyword searches and create filters that highlight media-related issues you are concerned about.
Lastly, as technology will usually provide a more refined way to gather information, it is still important to trust the judgment of those with experience and who understand the media monitoring process. When organisations utilise media monitoring tools in conjunction with staff members’ experience, they will have a better foundation for gaining media intelligence and responding to media inquiries faster than many competitors.