tech + marketing + social media
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:
Hugh Macleod, the cartoonist who blogs at gapingvoid.com, recently announced that he was “giving up” Twitter and Facebook to “reclaim” blogging.
His reasoning seems to be partly philosophical (content ownership) and partly strategic (less tweeting about meals means more time to blog about, well, the important stuff).
Philosophically, Hugh says he doesn’t appreciate the fact that social media sites own what is supposed to be his content. There’s no WordPress-like utopian open source self-hosted social network (and I haven’t heard about Diaspora since Mark Zuckerberg sent his $10 donation).
The cause may be a noble one, but I’m skeptical of this alleged ownership argument though. Hugh and others who have shunned Twitter before him (ie. Seth Godin) don’t seem to be opposed to others sharing their content on Facebook and Twitter. The “Tweet” and “Like” buttons that appear at the bottom of each of their blog posts are evidence that they approve of content sharing and traffic building. It’s ironic that the “Decide” call to action on Hugh’s blog post is only a few pixels above the word “Tweet.”
Strategically… Hugh has a point. Focusing on one thing, instead of aimlessly trying to be active all over the web, makes a lot of sense. However, Hugh is in a unique position. He’s a published author and you could say he’s a bit of a quotable celebrity in the tech startup scene. Whether Hugh will be able to maintain the interest that his recent blog post generated (111 comments and counting) is yet to be seen, but there’s a chance he’ll be ok even if he never tweets ever again. (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…)
Web analytics are cool. If you agree with that statement, there’s a good change you’ve spent some time reading Occam’s Razor, the fascinating blog about web analytics by Avinash Kaushik (author of Web Analytics 2.0 and Web Analytics: An Hour A Day).
If you don’t know who Avinash is then just Google “Web Analytics” and you’ll surely find out who he is. I’ve personally learnt much from his thought-provoking and action-oriented writings, and I’m sure you will too. Below is an interview about some of the hot topics in web analytics today.
1. Tools like Woopra have introduced us to real-time analytics. Is real-time the future of analytics? Why are we not there yet?
There is more and more real-time data available. Google Analytics is updated, officially, every hour. Then there are cool tools like Chartbeat, etc. My personal perspective on real time analytics is…. if you can’t take real-time action then why do you want real time data?
In 99% of the cases real-time data is not actionable (it is not statistically significant and people jump the gun on the wrong signals), and companies (big or small) can’t actually take any action even if there is an actionable signal (change campaigns, landing pages, stop emails from going out or whatever). Then why do you want the data?
Real-time data becomes an excuse to stare at computer screens or do data puking. It keeps people from doing thoughtful analysis and looking at non-tactical things (and adding value to their employer).
If your organization meets these two rules: a) You have enough traffic / responses on your site to get statistically significant data AND b) You have a capacity to change things (take action), you should seek out real time data and you should make use of it. If you don’t meet the two rules take a long hard look at if you are engaging in any activity that is adding to your company’s bottom-line when you tap into real time data.
2. In 2007, you wrote a post about “engagement” often being an “excuse,” not a metric. Now that we can measure things like comments, Facebook likes, ReTweets, check-ins, etc., what are your thoughts about the importance of measuring engagement?
My point of view on engagement is simple: What the heck does it actually mean? The answer is? Everything to everyone. Hence my minor displeasure at that metric. I believe in clarity of communication and a razor sharp focus on solving specific problems. Hence precise measurements, and naming metrics for clarity.
Engagement means nothing, hence does not drive action. (more…)
I recently participated as a panelist on a webinar titled “Your Brand Advocates- How to Find Them and What They Are Worth,” along with Kety Esquivel (from Ogilvy), Rob Fuggetta (from Zuberance), and Frank Eliason (on his last day at Comcast — he’s now with Citi). We talked about what a brand advocate is, and how brands can identify and energize them. Here are my slides along with a few thoughts and tips.
Brand advocates, at their core, are people who really like and care about a brand. They are the opposite of critics because they’re out there talking about the brand and recommending it to their friends (aprox 150 if they’re sharing those recommendations online, according to Forrester). What they say actually resonates with others because there is a trust between friends and connections. These brand advocates cannot be bought, forced or created, so others perceive them as genuine fans of the brand.
Brand advocates are brand advocates because they’ve had good experiences with a brand and they are willing and able to share some enthusiasm. Of course, brand advocates aren’t always positive and they aren’t always the most vocal or social (as we might assume they are). They do expect the best from you… and that is a good thing. (more…)
Here are videos of the Q&A at the Corporate Social Media Summit in NYC last week. Some of the questions asked were around the role of a Social Media Manager, Foursquare for brands, Twitter follower management, and how to be customer-centric when a community continues to increase in size.
There is also one video with questions by the guys at Served Fresh Media.
Check out the slides and videos from the presentation here.
DISCLAIMER: The views expressed on this blog are mine and do not necessarily reflect the views of Samsung. Posts by contributors reflect their personal opinions and not those of their employers.
Here are the slides and video for my presentation about Samsung’s Customer-Centric Approach to Twitter and Social Media at the Corporate Social Media Summit in NYC.
For videos on the Q&A, please click here.
You can follow Samsung USA @samsungtweets and follow me @samsungesteban and @socialnerdia.
DISCLAIMER: The views expressed on this blog are mine and do not necessarily reflect the views of Samsung. Posts by contributors reflect their personal opinions and not those of their employers.