Tweeting from industry conferences is a doubled-edged sword.

Those interested in the content from the event are thrilled to pull in a stream of interesting observations without having to plunk down the cash to attend.

But your followers who chose not to attend the conference because they don’t value the material are likely to be annoyed tweet after tweet on a moot topic.

Which brings me to radical decision to stop zapping 140-character observations, accolades and barbs from sessions like today’s Monitoring Social Media conference in Boston.  But I will update this blog throughout the event and send a tweet or two, containing the #MSM10 hash tag, to alert the three or four people — my mom, secretary, an out-of-work PR agency staffer and a prison inmate named Hector — who care about this kind of stuff.

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Katie Paine opened the session with a deck that included many of the same slides in this deck. In her “10 signs that it’s the end of ROI as we know it” slide, she claimed United Airlines lost brand value of $180 million over its handling of the “United Breaks Guitars” episode.  By not quickly replacing Dave Carroll’s damaged instrument, the carrier suffered losses equal to the cost of 5,100 guitars, Paine said.

If that’s true, why didn’t the newly formed United Continental Holdings choose to fly under the Continental brand?

In a less far-fetched pitch to attach quantifiable business measures to social media involvement, the food services giant Sodexo chopped a $300,000 employee recruitment spend with Monster.com and instead began using Twitter to attract staffers who expressed an interest online in flipping burgers.

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Amber Naslund took a swipe at Fred Reichheld’s Net Promoter score, saying Radian6 is toying with introduction of a “net advocacy score” that will ask whether a consumer actually recommended a business or service.  Net Promoter focuses on willingness or likelihood to recommend.

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Keith Woods-Holder –  who, in the words of conference organizer Luke Brynley-Jones, ” has been doing sentiment analysis since before many of us have been using the internet” — poked fun at social media gurus who ridiculous graphics that resemble Spirograph (my interpretation).

Keith’s key takeaway, looking at the tweet stream, was that PR and marketing types should not be fixated on the volume of mentions of their company or brands.  It’s volume matched with context, expectations and objectives that matter, said Keith, who now works with Glide Technologies.

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Two NASDAQ-listed companies pinning their growth to sales of social media tools to small- and medium-sized enterprises are Vocus and Constant Contact.

Mark Schmulen, general manager of social media for Constant Contact, told the crowd at Monitoring Social Media they don’t need the large budgets required for Radian6 or Compete.com. But they need to do something.

“There’s no cure for sucking,” said Schmulen, adding, “We”re not talking about spamming people, we’re talking about permission-based marketing.”

Like Naslund earlier, Schmulen made the broad generalization that no robot can properly analyze sentiment.  That kind of slam was unnecessary and unfounded, especially with providers like Glide Technologies knocking it out of the park with precisely that kind of insight. Yes, it’s big-budget stuff, but it does exist.

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Machines aren’t enough.  Humans aren’t enough.

Analytics pro Seth Grimes zipped through dozens of tools — from “toys” such as “We Feel Fine” to expensive enterprise solutions like Clarabridge and Crimson Hexagon — and actually had the guts to tear a few of them apart.  Unlike many of the speakers at today’s conference, he wasn’t shilling for one particular process, consultancy or tool.  His deck is worth a look.  You can find it at this link.

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Tools are commodities but the ability to segment the data and use it could save you hundreds of man hours a month, says self-described analytics guru Marshall Sponder, ex-Porter Novelli.  Good workflow capabilities are the differentiating factor, and vendors are not going to volunteer to show how to do the work.

“They’re going to be brain dead by the time they are ready to analyze it,” Sponder said during a “How to Choose the Right Monitoring Tool” panel with Katie Paine and Forrester analyst Zach Hofer-Shall.

One pitfall is that companies and agencies will often put social media management in the hands of relatively inexperienced personnel because of the “funness” of it, said Hofer-Shall.  They lack the analysis skills to provide management with key insights and metrics.

For self-service tools, Sponder advised attendees to evaluate Brandwatch, Radian6 and Sysomos.

More sophisticated are solutions from Synthesio, Brandology and Attentio, which can construct a custom dashboard, sanitize data, and provide multinational extractions of meaning for you, said Sponder.

For companies that do not yet have dedicated social marketing functions, Sponder suggested outsourcing to firms like Integrasco, where they will choose the right tools, methodologies and do the work for you.

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What works and what doesn’t in social media at industry trade shows? 

Aafia Chaudhry, MD, gave an example of a medical conference where Novartis tweeted the most.  But the tweets were very repetitive and aimed only at convincing those reading the tweet stream to visit the Novartis booth.  She chartacterized it as a fail.

On the other hand, Novartis received positive feedback for smartly displaying the tweet stream at its booth.  This allowed attendees  — some of whom were not yet active on Twitter — to see the real-time social media conversation about the conference.

Chaudhry is CEO of JuvoLab and founding partner of Noesis.  She seems like a highly informed resource for those tracking the use of social media in pharma.

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I’m convinced having Queen Elizabeth on your currency is the best way to get invited to speak at Influence People events.

In addition to all the Brits, CEO Carol Leaman of the Waterloo, Ontario, social measurement firm PostRank shared wisdom with us.

Telling your story is far more important than measurement, she said, echoing advice heard earlier in the day from Katie Paine.

“Creating of content is absolutely the first thing you should think about, and then seeding that content in social networks,” said Leaman.

Brands producing content benefit handsomely when they understand how their information is shared, and by whom.

“The half life  of data on the Internet is under an hour,” she said. “More than half of the engagement happens in the first hour.”

I don’t expect diversity in the New York supermarket business.  Rightly or wrongly, I have long associated chains like D’Agostino and Gristede’s as places managed by brawny Italian-American men.

In the public relations professions, the spotlight has been shining on the lack of adequate representation by non-male, non-white personnel for quite some time.  Similar criticism — and in some cases, litigation — has been lodged against the advertising and financial services industries.

But the world has changed since Don Draper types ruled on Madison Avenue, right?  Surely, the next generation of technology-driven marketing services would be led by people who more closely resemble those who live in our global communities where our clients sell their wares.

If the speakers and attendees at last week’s Inbound Marketing Summit in suburban Boston were an accurate sampling of who’s guiding us through the transformation from command-and-control “push” marketing to online and offline consumer “engagement” by brands, the answer is no.  The vast majority of those behind the books, speeches, opinions, videos and business models showcased at #IMS09 were  white males, mainly in their 30s and 40s.

One exception was Candace Fleming, CEO of the social media analytics platform Crimson Hexagon.  Another was Tina Hoang, whose Palo Alto, Calif., venture capital firm was trolling the event for companies to back.

While at PR Newswire,  where I worked from 1989 until recently, one of our overarching goals was building a healthy corporate culture and products that represented the needs of our communities.  Key to our success was attracting and retaining talent of all shapes, sizes, colors, orientations, religions and ethnicities.  The many postage stamp-sized images of my former PRN colleagues I see on Facebook each day confirms that we made plenty of progress.

Why is this important?

Census data from 2008 shows 54% of the U.S. population will be 54 percent minority groups — that is “everyone except non-Hispanic, single-race whites” — by the mid-21st century.  Professions that continue to rely on pale, male and stale people, practices and ideas are much more likely to be irrelevant.

One recent research paper on the topic, Elizabeth L. Toth’s  “Diversity and Public Relations Practice,” outlined the challenge for our profession.  Organizations like the Public Relations Society of America and the Institute for Public Relations have dedicated resources to address the issue.  But traditional PR agencies and corporate communications functions are morphing into new entities so quickly, it’s questionable how much impact the longtime industry standard bearers will have influencing the fledgling inbound marketing field.

There is  plenty of wildly successful marketing work being done in Africa, Asia, Europe and in the Americas using digital tools and creative  ideas from people who have never written a book or proclaimed themselves social media experts.  Events like the the trends-and-technologies Pop!Tech conference, in Camden, Maine, Oct. 21-24, have a broad roster of philanthropic doers who are glad to share their successes and failures with PR and marketing pros who want to learn new skills.

For people without thousands of dollars to spend on conferences like Pop!Tech and TED, last week’s Inbound Marketing Summit was well worth the time and investment.  I’d love to see next year’s event held in Indonesia, Argentina or Tunisia.  If not there, at least invite some of their digital marketing superstars to visit Boston.