Posts Tagged ‘Facebook’

Agencies Need to Think More Facebook, Twitter, Less TV

Posted 07 Apr 2009 — by tturnbull
Category Social Media - General

Venture Capitalist Fred Wilson Tells Marketers They Should Not Buy Media but ‘Earn’ It

Published: April 07, 2009

NEW YORK (AdAge.com) — Union Square Ventures partner Fred Wilson has seen the future, and it’s in “earned,” not paid, media, which has big implications for marketers, agencies and, of course, the media itself.

Fred Wilson
Fred Wilson

Photo Credit: Gary He

“There are still a lot of marketers out there buying their media when they could earn it, and earn it a lot less expensively,” he said today at Ad Age’s Digital Conference in New York.

While overall spending on marketing may go up, traditional-media outlays are declining, and spending is growing on the creative and technology necessary to implement social campaigns on Facebook, Twitter and MySpace. Agencies have to find a way to continue to make money in this environment.

“The total amount of money flowing out of marketers’ pockets to agencies won’t decline and will likely go up, but the mix is headed for important changes,” Mr. Wilson said.

As a venture capitalist, Mr. Wilson said, he’s funding companies that address the new marketing paradigm, from earned-media platforms such as Twitter and social video site Boxee to next-generation ad agencies such as Federated Media and Clickable, and from analytics firms such as ComScore and Quantcast to tech platforms such as FeedBurner and Dave Morgan’s Simulmedia.

What do earned-media campaigns look like? A lot like Burger King’s “Whopper Sacrifice” effort on Facebook, which resulted in 234,000 “killed” friendships; like Disney’s building a following for the Jonas Brothers online and not on the radio; or like the gourmands behind the Kogi BBQ trucks in Los Angeles, which have 14,000 Twitter followers who are alerted when the Korean taco truck is in the neighborhood.

The challenge for marketers and agencies, then, is to engage with social media in an authentic way, and know they are going to be punished by its denizens for any perceived spam.

Indeed, controlling spam or unwelcome marketing has become a huge expense for Google, Twitter, Facebook and others. “One of their biggest costs is ‘environmental mediation,’ or keeping the bad people at bay,” Mr. Wilson said.

Once a niche phenomenon, social media has achieved mass, network-TV-like scale. Mr. Wilson predicted Twitter could reach 50 million users, or one quarter the size of Facebook today, by the end of 2009.

How Marketers Tap Facebook and Twitter, Apps and Widgets

Posted 31 Mar 2009 — by tturnbull
Category Social Media - General

Digital Marketing Guide: The Social Web

Published: March 30, 2009

Questions Answered

Isn’t the entire web social these days?

To an extent, yes. If 2008 was the year everyone — and their grandmas — joined a social network, then 2009 is the year those networks’ social graphs spread their tentacles beyond their borders to other sites across the web. Already it’s common for many sites, including major news sources and entertainment properties, to have commenting and sharing features. So we admit the social web is a pervasive concept. But there are several interesting newer developments at Twitter and Facebook, as well as in the widget space and the app world.
What’s the story with Twitter?

Twitter is one of the fastest-growing social networks, but it’s very different from Facebook and MySpace. The microblog essentially began as a mass text-messaging-meets-instant-messaging utility. You sign up for an account, people follow you, and you follow them. When you “tweet” a message, the folks following you see it instantly on their phones and computers.

Everyone bandies around the term “social graph.” What exactly does it mean?

A social graph is a map of a person’s connections, through which they communicate and share information. People often talk about social graphs in relation to social networks, such as MySpace, Facebook, LinkedIn and Twitter.

Think about when you tweet something really juicy on Twitter. Some of your followers find it interesting and forward it — or “retweet” it, in Twitter parlance — to their followers. And some of those followers retweet it again. Your message just traveled through the social graph.

Some folks think this kind of message amplification is the best way to measure effectiveness in a tool like Twitter. Analytics guru Avinash Kaushik is one of them. He said it’s the difference between just broadcasting a message to your group of existing followers and getting the group to spread the buzz for you.

With all this Twittering and social networking, is anyone still blogging?

Yes, people are still blogging. But the volume of posting has dropped off a bit in the past year, according to Technorati’s latest “State of the Blogosphere” report. That said, the number of people reading blogs has never been higher, which is why marketers such as Quaker, Kraft and Walmart have all done extensive blog outreach programs in the past year. For marketers, it’s important to always identify yourself as such; for bloggers, remember to identify sponsored posts. Tricking readers — aka consumers — is never a good idea.

You were joking about grandma joining a social network — right?

While social networking used to be the domain of the under-30 crowd, its use among older adults is skyrocketing. As of January, more than 50% of Facebook users and 44% of MySpace users in the U.S. were over 35 years old, according to ComScore estimates. The single biggest age demographic in the U.S. on both Facebook and MySpace is between 35 and 44. Indeed, Facebook says its fastest-growing demo is 55-plus.

Won’t all the kids leave if the adults are everywhere?

Sure, that’s a worry. But that’s why social networks keep adding new features and functions — to make themselves more useful and, thus, more entrenched in users’ lives. In 2007 Facebook opened its platform to outside developers to create applications. It didn’t charge developers but rather counted on the applications to make Facebook more useful and entertaining. Last year it introduced a concept called Facebook Connect, which lets users connect to their Facebook friends when they’re not on Facebook (see how CNN.com used it in its inauguration coverage).

Speaking of applications, what’s the difference between that and a widget?

The short answer is that a widget is simply one kind of application. The longer answer is that a widget is generally what’s meant by a stand-alone set of code that can be posted independently in a variety of places: on web pages, blogs, mobile-phone screens and desktops. Application, short for application program but more often simply called an app, is a much broader term that indicates any software program designed for users.

So they’re new?

Not really. Applications have been around since the advent of computers, and widgets have existed for several years. But thanks to Apple’s App Store, launched last year, as well as the rise of Facebook applications, the idea of apps has hit the mainstream. There are more than 25,000 available for the iPhone, and 800 million have been downloaded. Facebook is even more crowded, with more than 52,000 apps. Some brands have created their own apps with success — TripAdvisor’s Cities I’ve Visited has 1.8 million active monthly users — but the vast majority have far less.

LinkedIn, unlike Facebook, gives its application code only to approved development partners, and launched last fall with 10 apps from eight partners. They are, as you might guess, more work- and business-related, including Amazon’s Reading List, TripIt’s My Travel and Google Presentations.

What’s a marketer supposed to do with an app? We’re not developers.

True, you might need tech help to create apps, but that’s not what you should be thinking about.

Instead, think marketing: Figure out how a widget or application could benefit your brand. And while you’re thinking, don’t forget the No. 1 rule of widgets and applications: They must offer useful, helpful or entertaining value to customers and potential customers.

“As a brand, you need to know how your audience will interact with it,” said Jeff Blackman, group account director at IQ Interactive. “They need to have utility, or else it’s just a gimmick.”

So I give my customers a cool widget with my brand on it, and they’re happy, because who doesn’t love free? But what do I get out of it?

One of the reasons marketers are excited about applications and widgets is because they get them closer than ever to customers. A widget downloaded to a consumer’s desktop is, as one person put it, the “holy grail.” It’s a daily reminder of your brand. The same goes for apps on mobile phones and on social-networking pages. And not only did that consumer invite your useful widget or application into their lives, but now it might be close by when they’re making a purchase. Retailers, such as Target and JCPenney, have created shopping widgets that offer gift suggestions, style tips and fashion trends.

What you can learn from a Facebook app

One market-research firm has launched a Facebook application as a way to gather data on consumers, their friends and the relevant data that comes from comparing ourselves with others.

The Compared to Me Facebook app could hold potential for marketers.
The Compared to Me Facebook app could hold potential for marketers.

Tom Anderson’s Facebook app Compared to Me is explained as a “simple and fun tool that allows users to compare themselves with their friends.” It’s also a way for marketers to understand people’s motivations and views of themselves. And, he said, “We can leverage social networking for research.”

There are more than 2,300 people using the month-old application (in beta). The application shows a picture of you and one of your friends chosen randomly from your list. You are asked a series of randomly generated, comparative questions such as: Who probably drives a better car? Who is probably better looking? and Who is probably better connected?

After taking the quiz, users are rewarded with their relative rankings in 13 categories, including creativeness, spirituality, productivity, “techiness,” happiness and sociability.

“Marketers are trying hard to sell based on emotion and self-image,” Mr. Anderson said. “For the first time ever, we are getting a real sense of how people actually view themselves vis-à-vis their peers. Marketers can leverage these findings to uncover gaps in self-esteem/self-image and message more effectively on emotional attributes that are most important to us.”

– Beth Snyder Bulik

Debunking Six Social Media Myths

Posted 17 Mar 2009 — by tturnbull
Category Social Media - General

Using social media to market your business is a good idea. Just don’t plan on getting your whiz-kid nephew to do it for free

For companies, resistance to social media is futile. Millions of people are creating content for the social Web. Your competitors are already there. Your customers have been there for a long time. If your business isn’t putting itself out there, it ought to be.

But before you take the plunge, bear in mind the many myths that surround social media.

1. Social media is cheap, if not free. Yes, many of the tools that can be employed in social media marketing are free to use. These include Google’s (GOOG) video-sharing site YouTube, Yahoo’s (YHOO) photo-sharing site Flickr, the social-network building tool Ning, and content aggregators such as Digg and eBay’s (EBAY) StumbleUpon. Free blogging tools abound too; among them are WordPress, Twitter, and FriendFeed.

However, integrating these tools into a corporate marketing program requires skill, time, and money. The budget for an effective social media marketing campaign begins at $50,000 for two to three months. I’m sure companies have spent less, and I know they’ve spent more.

Building a site that incorporates interactivity, allows user-generated content, and perhaps also includes e-commerce doesn’t come cheap from anyone who knows what they are doing. Even taking free software like WordPress and making it function as an effective interactive site, incorporating e-commerce, creating style sheets that integrate with the company’s branding, takes more than time. That takes skill, experience, and money.

As a rule, a $50,000 to $100,000 budget can cover the creation of a simple multimedia microsite that becomes the center of an online community. Add in some widgets to help distribute the content and form a credible group on Flickr, Twitter, or Facebook and other networking groups to enhance the community aspect of the campaign. Complex functions add to programming and design costs.

A high-yield, highly targeted blog advertising campaign to kick off and support the program will cost an additional $25,000 to $100,000 a month. Advertising through Google’s AdWords, e-mail support, co-registration, and other tools that drive traffic would be additional costs.

2. Anyone can do it. A surfeit of whiz kids and more experienced marketers are claiming to be social media experts and even social media gurus. Search the bios of Robert Scoble’s 56,838 Twitter followers using Tweepsearch (www.tweepsearch.com), an index of the bios of Twitter users, and you’ll find:

• 4,273 Internet marketers

• 1,652 social media marketers

• 513 social media consultants

• 272 social media strategists

• 180 social media experts

• 98 social media gurus

• 58 Internet marketing gurus

How many of them have actually created a successful campaign for clients using social media tools? I bet you’d be hard-pressed to find half a dozen with real track records.
A successful social media campaign integrates social media into the many elements of marketing, including advertising, digital, and PR. Opinion and theory are no match for experience, and the best social media marketers now have more than 10 years of experience incorporating interactivity, blogs, forums, user-generated content, and contests into online marketing.

Video contests by companies hoping for viral buzz and Google juice are as plentiful as mosquitoes on a humid summer night. But, like their insect counterparts, most video contests suck.

It’s the rare video contest that gets as many as 2,000 entries. Many, like Denny’s (DENM) recent disastrous effort, get fewer than 10 entries. Apparently, 48 Denny’s breakfasts over four years wasn’t a big motivator.

3. You can make a big splash in a short time. Sure, sometimes a social media campaign can produce substantial and measurable results quickly.

Social media is great if you’re already a star, but that doesn’t happen overnight. Amid the recent launch of my T-shirt design business, Pawfun.com, I have relied heavily on my 4,000-plus Twitter followers and 120,000 readers of my What’s Next Blog, which I’ve updated as often as five times a day since 2003. Because that network already exists, with not one dollar spent on advertising, we were able to generate more traffic in our first three days than some major companies get after years online.

ZapposChief Executive Tony Hsieh, whose company has millions of customers who are evangelists for the great service that built the brand, quickly became a Twitter star, with more than 32,000 followers. When Dell (DELL), JetBlue Airways (JBLU), the Chicago Bulls, and other love-’em-or-hate-’em brands joined Twitter, they immediately developed huge followings.

Tweets can be used to drive traffic to articles, Web sites, contests, videos, and so on—if people already care about your brand, or if you have a truly original idea that people will want to share with their followers.

One recent example of a Twitter-generated success is Savvy Auntie, a community for aunts, godmothers, and “other women who love kids” that was launched six months ago by Melanie Notkin. She has counted on Twitter to drive traffic, help her find suppliers, products, and even investors. She developed a Twitter following before launching her business, then tapped into it for help when she launched.

4. You can do it all in-house. Wrong! You need strategy, contacts, tools, and experience—a combination not generally found in in-house teams, who often reinvent the wheel or use the wrong tools.

It is rare indeed to find an in-house team that can not only conceive and execute a social media campaign but also drive traffic to it with effective e-mail segmentation, search optimization, blogger outreach, blog advertising, Google ads, and more.

5. If you do something great, people will find it. Quite simply, that never was true. Until you can drive traffic to your social media effort, you’ve got a tree falling in the forest, heard only by those standing nearby. A great number of tools can drive traffic, including StumbleUpon, Digg, and Twitter, but nothing works better than word of mouse—one friend telling another, “Hey look at this!”

6. You can’t measure social media marketing results. You can use a variety of methods, including mentions on blogs and in media; comments on the content; real-time blog advertising results, and click-throughs to your company Web site. You can get very precise statistics from a variety of sites, including Google Trends, Twitter search, Google Analytics, BackType, and Compete.

The tools are there. The gurus who know how to use and interpret them—not so much.

Check out this article at: http://www.businessweek.com/technology/content/feb2009/tc20090218_335887_page_2.htm

Check out this blog at: http://www.whatsnextblog.com/

Twitter Now Growing at a Staggering 1,382 Percent

Posted 16 Mar 2009 — by tturnbull
Category Social Media - General

twitter-logo-small1

Maybe it’s Jimmy Fallon’s integration of it into his new TV show, Shaq’s use of it to interact in real-life with fans, or blog’s ability to write about it non-stop, but one way or another, Twitter’s growth just continues to explode.

The latest numbers from Nielsen Online indicate that Twitter grew 1,382% year-over-year in February, registering a total of just more than 7 million unique visitors in the US for the month. Not only is that huge growth in one year, but in one month as well, as in January, Twitter.com clocked in with 4.5 million unique visitors in the US, meaning the service grew by more than 50 percent month-over-month.

Elsewhere in the social networking space, Facebook continued to widen its lead on MySpace, with a total of 65.7 million unique visitors versus 54.1 million for its increasingly distant competitor. Meanwhile, the recently re-launched Bebo, which now plays in the social networking aggregation game, is showing some promise, growing 40 percent from last year to register a total of nearly 3.2 million US visitors in February.

The competition that most are now focused on, however, is that between FacebookFacebook reviewsFacebook reviews and TwitterTwitter reviewsTwitter reviews. While Facebook remains several orders of magnitude bigger, its recent move to a real-time homepage and its overhaul of Facebook Pages is seen by many as a move to thwart Twitter’s continued growth. It will be a few months until this shows up in the numbers and gives us some sort of indication as to whether or not that strategy is working, but for now, both networking sites are enjoying tremendous growth. The full report is embedded below:

twitter_stats

Tweetups Can’t Touch Facebook Flashmobs

Posted 13 Mar 2009 — by tturnbull
Category Social Media - General

If you thought Tweetups were viral and picking up steam, you’ll never believe what one Facebook member was able to accomplish with a simple idea, a Facebook group, and proactive friends and friends of friends.

On January 15, T-Mobile filmed a commercial with people dancing at the Liverpool Street Station in London. After watching the ad on television, Facebook member, Crazzy Eve, created the group “Liverpool Street Station Silent Dance” to organize something similar for friends.

Here’s the choreographed dancing that inspired it all:

In an interview with CNN, Crazzy Eve said, “I was watching TV and the T-Mobile advertisement came up and I thought, hm, let’s get my friends down to Liverpool Street and do a little dance.”

In true viral fashion, the group grew astronomically as he invited his friends, who then invited their friends, and so on. Video and photo footage from the “silent” dance can be found across the Web, including the actual Facebook group and YouTube. The clip below captures the enormity and intense energy of the event.

group, which now boasts over 14,000 members, completely took over the same Liverpool station on Friday night in a not-so-silent countdown to 7pm and subsequent dance mob of remarkable size.

Facebook Evolution and the Opportunity for Marketers

Posted 11 Mar 2009 — by tturnbull
Category Social Media - General

Today, Facebook is releasing a platform upgrade and making their Pages product more like user profiles.  These changes provide great opportunities for marketers who are seeking to leverage the power of social media by engaging the masses.

As Facebook continues to evolve, brands will need to rely on true experts in social media marketing more than ever before. The platform changes will require brands involved to take a more active role in the social conversation leveraging the unique and powerful tools Facebook is providing. The new Profile Pages for marketers put brands on a more level playing field with consumers by providing new brand functionality like an enhanced Wall similar to what a typical user is used to on their profiles.  With these new capabilities, brands will be able to be more dynamic and active when interacting directly with their fans. Tapping into the power of the Facebook News Feeds is a dramatic shift in the way brands can personify themselves, but marketers beware –  respect the consumer and understand that these new communication features are a privilege, not a right, so be sure to not abuse it and alienate your fans.

So what does all this mean for marketers? New and better ways of reaching and engaging the incredible audience that Facebook provides. As we stated in a previous post – social media has gone mainstream with 52 million users in the US alone on Facebook and over 175 million worldwide. So if you want to reach mass audiences, go where they are and  where they are spending unprecedented amounts of time.

Vitrue CEO, Reggie Bradford shares his thoughts on how brands can get in and capitalize on the Facebook opportunity.

Sports and Social Media – Game On!

Posted 10 Mar 2009 — by tturnbull
Category Social Media - Sports

Here’s a great article I found on the value of social media as it relates to sports teams and their marketing efforts.  Below is the first paragraph from this article…..to read the full article, click the link below.

Sports are inherently social – a topic that has always brought people around the water cooler.  It’s not a stretch to say sports are one of the most “social” topics. Almost everyone has some team, player or sport they support.  And you share these bragging rights with friends/family/strangers/co-workers at bars, around the TV, on sports-talk radio, over the phone, at work, essentially everywhere. And now, increasingly across the social media world.  Sports talk thrives across blogs, Facebook, MySpace, Twitter, websites –it’s ubiquitous.

http://vitrue.com/blog/2009/03/06/sports-and-social-media-%E2%80%93-game-on/