lecture jan 13 2010
Post on 17-Oct-2014
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Basics of SMO platformsTrendsTRANSCRIPT
Insights and opportunities in social media
Class 2
Questions or thoughts from last class?
What I heard from last week
Internal/external processes
Various business applications: Non-profit, guest relations, pr, entrepreneurial, database/crm, B2B, education, sales, media, promos
Selling in social media
Internal ownership, process development, legal implications
Once established, how to continue momentum
Resources (cases, sites, access)
Measurement
SMO checklist
What we’re covering today
Overview of SMO (social media optimization) process
Trends in consumer behavior
“Distributing” the paper
Discuss the assignment
The paper
What we do as marketers to drive the social space
Listen
Engage
Rally
Embrace
Listen
Find out what your brand stands for and track it
Understand how market perceptions shift
Understand how people use social technology
Find and cultivate influencers
Generate new product and service ideas
Brand Measurement Dashboard
8
Listen
Engage
Publish viral content and functionality
Engage people in social communities and networks where they are
Initiate the conversation
Follow through with conversations
Engaging at all can be positive
04/07/2023 11
“What do you believe brands do when you engage with them in the social space?”
47% say ‘the brand does nothing’ = ‘The brand doesn’t care’
Source: Dartmouth, 2008
04/07/2023 12
•Without direction people will talk about
what they think is most relevant TO
THEM
• Popularity
• Activity
• Connectivity
• Engagement
• Pervasiveness
• Drivers
• Credibility04/07/2023 13
Listen
Engage
Embrace
Build and support community
Reach out to brand activists
Plan to encourage and incent
participation to get started
Continuously improve the
community from Day 1 with people
outside the organization
leading
Embracing people is more art than science
• Appreciate feedback
• Collaborate
• Add value
• Be authentic
• Don’t be a doormat04/07/2023 15
17
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•“If you simply ban trolls… you nurture their sense of being an oppressed truth-seeker”
•Clive Thompson, Wired Magazine, April 2009
04/07/2023 21
Crowdsourcing
Selective invisibility
Disemvoweling
Listen
Engage
Rally
Embrace
Harness and focus social momentum
Give people a sense that their
community is doing something
Share openly – the brand, each
other
“Modern brands have become movements within a cultural and social environment that doesn’t focus on selling. Rather, modern brands share their passion towards a bigger cause.”
The Conversation Agency, 2008
04/07/2023 23
79% of consumers would switch brands to the one that is associated with a good cause (assuming product price and quality is the same)
People spent longer reading cause marketing related ads, and after being exposed to cause marketing ads sales went up anywhere from 5% to 74%
Brandweek, 2008
04/07/2023 24
Listen
Engage
Rally
Embrace
Plan
Ensure clients are prepared to enter the social space
properly
Align social strategy with
marketing objectives
Continually provide clients with updates to technology and
application
✔ Will the brand get credit/credibility?
✔ Is it about information/explanation OR conversation?
✔ What is the investment in time, money, and effort required?
✔ What is the tolerance level for transparency and openness?
✔ Is the target well defined as it relates to their participation in the social space?
✔ Are we clear in what we want people to do?
✔ What is the value we are bringing to the conversation?
04/07/2023 26
Use social media when you can actually be social
Trends in social media
Banner Blindnesswhat it is
We embrace banners as part of a digital marketing mix, but they’re just the beginning. And, studies show, readers completely ignore them.
DRIVEN BY:• Consumers experience same creative on many sites, believe there’s no “news” in banners.• Standardized placement can render banners irrelevant to page content and easy to look past in favor of
desired content.• Low industry average click-thru and interaction rates may prevent bigger spend necessary for more
compelling, rich-media display media
Banner Blindnesshow it’s manifested
Eye-tracking ‘heat map’ of (l to r) quick scanning, partial reading and thorough reading. Banner placements are indicated by green outline.
Stronger creative plus a smart media buy remain a crucial part of digital marketing activity.
Digital marketers will need to move beyond pure bulk impressions, clout and quantity to a more measured, quality ROI approach. (“Smart banners”)
Banner Blindnessthe implications
Social Is Personalwhat it is
Connecting through social media is becoming more and more about personal expression.
DRIVEN BY:• People’s need to connect at a deeper level• Desire for immediacy and tangibility• Brands’ ability to listen and respond to people’s concerns more proactively• The high adoption rate of shared social spaces, across a growing variety of consumer
segments
“Ambient intimacy is being able to keep in touch with people with a level of regularity and intimacy that you wouldn’t usually have access to, because time and space conspire to make it impossible.”
Leisa Reichelt
Social Is Personalhow it’s manifested
Social Is Personalhow it’s manifested
The most successful brand profiles are attributed to a person, not a product, service or logo.
Social Is Personalhow it’s manifested
Millennials are migrating back to MySpace as Facebook becomes inundated with adults (their parents).
Millennials
Boomers “So this is what my kids have been up to…”
“Uh-oh, Mom and Dad are here…”
Social is Personalthe implications
Customer care and PR become one in the same as consumers increasingly use social media to demand better service, more accountability.
Companies — both large and small — are adapting their business practices to respond in real-time, and without rehearsal, to consumers’ concerns.
Many companies are exploring ways to channel and guide individual employees to become “social figureheads” who help improve personal brand experiences.
Life Dataficationwhat it is
The democratization of data meets a vast universe of personal metrics to capture, examine and showcase – ultimately telling us more about ourselves and the way
we live.
DRIVEN BY:• An increased appreciation for monitoring our own wellness, consumption and other behaviors• Digital environments are predicated on the democratization of data• The gratification of seeing your most mundane activities considered important enough for a
chart, graph or other visualization
Life Dataficationhow it’s manifested
“Nike has discovered that once a user uploads five runs to its web site, they’ve gotten hooked on what their data tells them about themselves.”
– Wired Magazine
“Self-knowledge through numbers? Sounds absurd, but the newest tools open up our lives like never before.”
– Wired Magazine
Life Dataficationhow it’s manifested
TweetPsych uses two algorithms to build a psychological profile based on the content of your last 100 tweets.
Brands providing the utilities and tools that allow us to capture the vast universe of personal metrics will ingratiate themselves with digital-era audiences.
A little transparency goes a long way. Marketers who share data about themselves demonstrate an understanding of what is important to influencers and the broader audiences they inform.
Tracking every facet of life leads not just to personal gratification, but can uncover new opportunities and under-served audiences or unmet needs.
Life Dataficationthe implications
New Collaborationswhat it is
The flexibility and openness of Web 2.0 is translating into how people conduct business, get ideas, and even socialize outside of the web.
DRIVEN BY:• An increased appreciation for “the wisdom of crowds”• Businesses outsourcing and cutting budgets• The erosion of tangible media, the blending of news and information sources, the blurring of
digital and real spaces, and the rise of search and aggregation technologies
New Collaborationshow it’s manifested
Predictify lets people predict results of news stories AND earn credibility (and in some cases, even money) in the process.
It’s not just about hearing the news, it’s about being an active participant in its development.
New Collaborationshow it’s manifested
We are increasingly relying on the crowd to help with our own individual thinking.
Ideablob gives people a forum to solicit and contribute ideas.
New Collaborationshow it’s manifested
Bands, filmmakers, Obama, and other entrepreneurs are looking to the masses to financially support ideas and initiatives.
Sites like CrowdFunding facilitate the collective cooperation, attention and trust of people who pool their money, usually through online micro-payments, for any variety of purposes.
New Collaborationshow it’s manifested
Kickstarter is “a funding platform for artists, designers, filmmakers, musicians, journalists, inventors” and more.
It is crowd-funding for the creative class, who may lack the business acumen necessary for bringing their ideas to life.
New Collaborationshow it’s manifested
The ‘messiness’ and social creation aspects of the web are increasingly influencing the way people choose to behave offline.
The ‘unconference’ movement is about having meetings with no preset agenda – the agenda forms itself at the meeting / conference.
Media will need to be treated more holistically and flexibly.
Brands with marketing, PR and customer support working in tandem to harness social media will better meet needs of consumers (who see all three as the same).
Taking advantage of connections made online in the offline space will create unique opportunities to more fully engage people – and will build a better foundation for long-term relationships.
New Collaborationsthe implications
Utility Marketingwhat it is
Value is no longer about just dollars and cents, people demand that brands provide something useful beyond the service
model… and are increasingly looking to communication for this value.
DRIVEN BY:• Recessionary shift in priorities• Changing role of media in consumers’ lives• Ubiquitous computing and access to information and entertainment• People’s desire to explore and uncover new experiences
Utility Marketinghow it’s manifested
Utility Marketinghow it’s manifested
Brand communication must play the role of “enricher” for consumers to take heed, with promises activated and delivered across multiple touchpoints.
Entertainment still plays a critical role for consumers, but now must work even harder for them to pay attention and to act against messages.
Utility does not imply less aesthetic. Design is still part of the experience and the usability. Utility brings a layer of usefulness, derived from the brand’s core promise. Consumers depend on brands to give them the right tools for the job.
Utility Marketingthe implications
Perpetual Betawhat it is
To stay innovative, continually release new features and updates that may not be fully tested. Treat users as co-developers to harness collective intelligence and leverage customer self-
service.
DRIVEN BY:• The need to compete at the level of utility marketing, being first to market with a new service
even if it isn’t perfected yet.• Open source dictum “release early and release often”• Draw audience in to process, create greater, more meaningful sense of partnership and affinity with
brand, product or service
Perpetual Betahow it’s manifested
Google’s Gmail was in beta for five years. In that time, the service grew from invitation-only to more than 100 million users. Google kept it in beta to signal that the company would be making “constant feature refinement” to the service.
Perpetual Betahow it’s manifested
August 25, 2009: Sears announces Manage My Home official launch – after two full years in public beta.
This early-stage consumer testing of core features helped ensure that the destination site could “easily integrate into everyday life”, and “help homeowners get more done at home”.
Perpetual Betahow it’s manifested
The notion of perpetual beta is so pervasive, it inspired an independent documentary film about the “ways in which technology has/is/will change the ways in which we thinking about ourselves as individuals and a society.
It is exploring the cultural shift that technology creates as it enables people to live less planned and more passionate lives.”
Do not be afraid to launch, then learn. Constant refinement and optimization are crucial to the development of innovative, useful and relevant services and tools.
Including consumers in testing and development not only leverages the wisdom of your primary audience, it also gives them a stake in the product and creates affinity for the brand.
As technology shifts, it enables people to live less planned, more passionate lives – lives in which brands will need to remain relevant.
Perpetual Betathe implications