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Social networking is the #1 activity online. Even though Google gets the most visitors, Facebook is where most of us are spending our time. And it’s not just about Facebook anymore. We are spending a lot of time on LinkedIn, YouTube, Tumblr and Twitter. While there are some clear major players in the social space, the social media universe continues to expand and 2011 was a banner year for the idea of an “Interest Graph.”

In 2011, we saw Google launching Google+ and Pinterest grewing at an astounding rate. Facebook launched “Timeline” and “frictionless sharing” with partners like the much anticipated Spotify. Facebook also acquired design companies and the team behind Gowalla, showing the company’s intent to provide a consistent experience across devices and becoming a more prominent player in the mobile space.

2011 was also a big year for social IPOs: From LinkedIn to Groupon and Zynga, small tech startups are becoming public companies. There is much speculation around the existence of a bubble, and some say growth cannot continue because social networks are running out of users. However, Facebook is not yet public and we still don’t see a clear exit for Twitter.

There might be saturation, but social media has changed the way we live. And this means social media is no longer a question for marketers. Companies of all sizes have accepted and even embraced the importance of social media. Investments are starting to increase and companies are now building teams to tackle the new risks and opportunities that social media has created. While Facebook and Twitter ad spending is expected to grow only at a decreasing rate, advanced brands are leveraging more digital dollars for their social media marketing strategies and tactics. “Social” has been an afterthought for many years, but marketing campaigns and programs are finally starting to feel inherently social.

This presentation is about the state of social media and social media marketing on January 1st, 2012:

When I was in High School, Napster was the coolest “computer application” on Earth. Sharing and downloading music, for free, had changed the world. From pillow fights with Metallica to the rise and fall of copycats like Limewire, Napster disrupted the web, the music industry, and the tech industry. Today, the Napster logo still represents music, but it doesn’t represent what it used to represent back then: Freedom.

Fast forward to today.

Spotify, the mythological creature of music streaming, is allegedly coming to the U.S. tomorrow, and rumor is it will be integrated into Facebook soon after.

Pandora, a public company (let me repeat: a public company) birthed out of the “Music Genome Project,” just recently redesigned its site to allow you to go “back” on your browser and provide a deeper social experience inspired by good ol’ photo social network Instagram, among other changes.

(And in related news, I haven’t bought a CD in three years. If I’ve paid for any songs online, it can’t be more than a dozen or two.)

So what does this mean? Spotify coming to the U.S. after what seemed like decades of waiting and Pandora going public and adding a social layer of its own are clear signs that the days of music ownership, at least in the traditional way, are numbered. Music streaming means you can’t download, but it also means you no longer have to. (more…)

Simon Mainwaring is founder of We First, a social branding consulting firm that helps companies use social media to build communities, profits and positive social impact. Simon is also the author of the book by the same name. Read my interview with Simon below, and make sure to follow him on Twitter @SimonMainwaring and find out more about the book at www.wefirstbook.com.

 

1. What led you to write “We First?”


I wrote “We First” for both personal and professional reasons. I was fortunate enough to have a long advertising career but still felt unfulfilled. I didn’t feel like there was an alignment between who I am as a person and what I did on a daily basis. With that in mind, I read the transcript for Bill Gates’ Creative Capitalism speech he gave at the World Economic Forum in which he said that government and philanthropy can’t fix the world on their own, they need the private sector to get involved. I saw this as an opportunity for me to find more fulfillment by becoming more purposefully engaged and also to use my skill sets to make a contribution. That was the genesis of writing the book.

2. What makes this book unique and why do people need to read it?


The book is unique for a couple of reasons. It does an effective job of consolidating a lot of different discussions going on right now, whether they’re about the future of capitalism, philosophical debates about self-interest, globalization, emerging technologies, the future of the developing world, and the impact of social technology. Specifically, the book is unique because it looks at an issue that many people have discussed: the future of capitalism through the lens of social technology. Mass adoption of social media has only occurred in the last three or four years, so what makes the book unique is that it looks at these questions through the lens of this new technology and provides three fundamental new solutions. First is a new partnership between brands and consumers connected by social technology and aligned around shared values that creates a third pillar of social change in addition to government and philanthropy. The second is the concept of contributory consumption, which builds on precursors like ‘1% for the Planet’ but extends to include not only retail, credit card, online, and mobile transactions, but also virtual goods when applying the concept of contributing a small portion of the sale of every good or service to a cause. Thirdly, the book proposes the formation of the Global Brand Initiative, which is a federation of brands that would combine their efforts and expertise to bring the best of the private sector into the social change space. So the book is unique because it lays out these three concepts.

3. It seems like people tend to come together in the midst of trials. What does that mean in a socially connected world?


Perhaps the most powerful impact of social media is its ability to connect people around what they care about. In times of trials, there are many pressing issues that motivate people to hope and work for change. In the last few years this has included everything from addressing persistent crises like hunger, disease and child mortality, through to unforeseen emergencies like the earthquake in Haiti, through to challenges the developing world faces such as the persistent recession after the global economic meltdown. Whatever the issue, social media allows people to connect around these shared concerns and to take action together, which is the most effective way to scale our response to these crises.

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Eric Vishria is the co-founder and CEO of RockMelt, a social media web browser based on Google’s Chromium. RockMelt is backed by Netscape founder Marc Andreessen and was introduced to the world about 3 months ago.

1. RockMelt has been called a “social browser” because it has unique features around sharing and connecting. What differentiates RockMelt from social plug-ins and features of other browsers?

We’ve spent a great deal of time analyzing how people are using browsers today and saw a lot of inefficiencies so we built RockMelt to make browsing simpler and more enjoyable. We understand why people may think of RockMelt as a social browser but the social features are only one part of what we’re building.
The sharing and chat features were must-haves because of how much people use social media. But we also recognized people visit their favorite websites multiple times a day and click back and forth while searching for information – that’s why we integrated automatic notifications of website updates (and built a whole set of back-end services in the cloud) and included lightning-fast search previews.
Feedback from users so far has been very positive and most note that they enjoy how RockMelt makes them more efficient and productive in managing their online activities.

2. What is your dream and vision for the company beyond the browser?

We want to make people’s online experiences as simple and enjoyable as possible. To do that, we’ll have to understand, keep up with, and – at times – help guide changes in web usage. RockMelt was created because the way the web is used today is radically different than it was even a few years ago, and we understand that usage will keep evolving over time. (more…)
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  • Michael Jaindl is the VP of Client Services for Buddy Media, a Facebook management system that has been making a lot of news lately. The Buddy Media Platform allows brands, including Samsung (check out our Samsung USA page), to create engaging Facebook tabs, monitor the wall, schedule posts, and more.

    1. What are the top 5 things brands should be doing on Facebook?

    This list will differ depending on the brand and audience, but here are 5 things all brands should be thinking about…

    a) Use conversations to amplify campaigns:
    The average user spends more then 55 minutes per day on Facebook and most of that time is spent on their News Feed. It’s important for brands to create conversations in the News Feed and direct fans to their tabs where they can have a richer experience and are motivated to share content. Most brands are used to creating fairly static promotional campaigns. They create TV spots, print ads, a Facebook tab, etc and start rolling out the campaign. It lasts for a few months and they take it down. Conversations, on the other hand, only last a few hours, are more dynamic, and should happen more frequently. Brands need to have conversations with their customers and fans everyday.

    b) Motivate your fans to share content:
    Brands and agencies need to create interesting content that fans are motivated to share. Facebook users have become very savvy and they realize that there is a negative impact to spamming their network. They can receive a negative comment, be hidden, or worst yet defriended. Just as people understand that forwarding on an email chain letter is spammy they get that sharing boring content can hurt their social cred. Just because there is a share button on a piece of content doesn’t mean that anyone will actually share it. It’s important to create compelling content that your fans are motivated to share. (more…)

    LinkedIn is unto something. While company pages have been around for over 2 years, a few months ago LinkedIn started allowing us to “follow” companies and edit those we work for – wiki style. These enhancements, plus the addition of the news feed, made it clear that LinkedIn was starting to go beyond networking and recruiting.

    Today, LinkedIn launched a new feature for its company pages (also known as “inPages”) that enables companies to showcase products and services. These products can be recommended and reviewed through a new Like-ish “Recommend” button. Users can also share to their feed, Twitter, etc.  If this becomes widely used, it will be quite valuable for companies seeking feedback and word of mouth, and more importantly, to users who are increasingly skeptical of advertising.

    40 companies already have one of these enhanced LinkedIn pages and I’m glad to confirm that Samsung is one of them. You can see the enhanced Samsung Electronics global page we’ve updated with the new features, as well as the newly created Samsung Electronics America.

    LinkedIn has unique challenges that Facebook, Twitter and YouTube don’t have in terms of company profiles: Company pages on LinkedIn may have thousands of users that identify themselves with that company so any changes, mistakes, or incorrect information could be problematic. Of course, this is just the Social Media Manager in me talking because this is also a big advantage for LinkedIn. Why? Because LinkedIn users are real people displaying their real information and making real recommendations about real products. With 80 million users with carefully selected networks, it is likely that LinkedIn will provide more opportunities for companies and users to engage in ways that would not be possible elsewhere. (more…)

    Marcia Conner is a partner at Altimeter Group and the co-author of “The New Social Learning.” She blogs at http://learnativity.com/ and tweets as @marciamarcia.

    The book is a good read for anyone interested in learning more about how companies can leverage social technologies and tools to become, well, better companies. I asked Marcia a few questions to go deeper into some of the topics on the book, and here’s what she kindly had to say.

    1. If social learning is truly a competitive advantage, how can companies that are late to the game differentiate and compete?

    The competitive advantage doesn’t come from the technologies themselves associated with social learning. It comes from the expertise and perspective your people have today that’s often never shared with anyone or put to use in the organization. Social media tools can provide venues for people to connect in ways they hadn’t before, differentiating an organization by the quality and brainpower of their people who now can build new approaches together that they couldn’t before.

    2. In today’s culture of sharing, does it make sense for companies to publicly display real-time information about how they are performing and how consumers are talking about them on the social web?

    Customer perception — heck, even employee perspective— has been posted on bulletin boards and user group meetings for years. If you don’t believe that, google your company then read 10 or even 20 pages into the search results to see all of the places where you’re talked about now. The trouble with many of those venues is that they are only from a narrow slice of your customers, often without additional insights from people within your organization who have additional information. By engaging with those people in those spaces… or better yet, creating venues for a healthy conversation about what you are doing right and what you need to improve upon, you are far more likely to learn from people’s experiences and correct misperceptions and give people with alternative (and possible more favorable) views a chance to weigh in too.

    3. What is needed to inspire and create change at companies with an “anti-social” culture? (more…)



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