Archive for the ‘Ning’ Category

Big brands moving to social media

Wednesday, September 9th, 2009

social media

Many more companies are starting to get on the social media band wagon. It is a subtle way to sell things on a social media site. It is not your typical sales style that these companies are used to.  Every company want to be advertising in these social media sites. It is really word of mouth marketing in the end. Someone is usually spreading the word about the company at all times of the day and in all the contries that your brand has a presence in.

Multinational corporations, such as Ford Motor Co. and Coca-Cola Co., are beginning to use social media to increase positive sentiment, build customer rapport and correct misinformation, says Adam Brown, Coca-Cola’s Atlanta-based director of social media.

“Having the world’s most-recognized brand, we feel like there’s an obligation or a responsibility when people are talking about us; we have a duty to respond,” Mr. Brown says.

Best Buy Co. Inc. riled up the social-media world earlier this summer with a job posting for a senior manager of emerging media marketing. One of the job requirements, as originally posted, called for applicants to have more than 250 followers on Twitter. (When that caused an online backlash, the electronics retailer opened the process of crafting a job description to the public.)

The larger companies are starting to catch on to this free advertising source. Why wouldn’t a company use social media?  Social media is so important and moves at such a rapid pace that it can become overwhelming for one person to handle. Most of the complaints that people post on Twitter or Facebook want a fast response. So it is not just word of mouth marketing it is also part customer service.

The lightning-fast pace of social media, and Twitter in particular, has forced businesses to act in a whole new way, says Mr. Brown of Coca-Cola.

“If you don’t respond within three or four hours, you might as well not respond at all,” he says.

For example, a man on Twitter recently expressed annoyance at his difficulty in claiming an all-expenses-paid trip he’d won through the My Coke Rewards program. He Tweeted, “Coca-Cola, bring down your drawbridge,” Mr. Brown recalls. Within half an hour, Mr. Brown had engaged the customer on Twitter, got on the phone with him and resolved the problem.

Not long after, the man changed his Twitter avatar to a can of Coke Zero.

It is so important to have a one-to –one conversation with your followers even if the post is positive. Keep your followers engaged in the conversation public square that we call social media.

-John Botch
www.Laserburnmedia.com
john@laserburnmedia.com

Are social media and social networks all about relationship media?

Friday, August 21st, 2009

social media

This all goes back to the topic that has run through some of my previous blog posts. Word of mouth marketing runs throughout all types of marketing. Just think about how you use twitter and facebook. They both are relationship sites whether you like it or not.

Do Facebook & Twitter have any intrinsic value.  Is it possible the value is between people and profiles and not the site?  Take out the people, leave the content.  Is there’s value and power to influence?

Twitter is a bit easier to look at this way. I tweet around 4 to 5 times a day on average. I probably read dozens of tweets a day.  I rarely go to Twitter.com.   My relationship with Twitter.com is nonexistent.  For me, Twitter is actually more of a relationship API than a website.

Now this is something for marketers pause and consider.  Twitter.com is as relevant as the concrete poured in the foundation of my neighbors house.  The site is a construct where relationships happen but it does not create, foster or enable the relationships, therefore measuring the value of the concrete is erroneous.

Now can we take this even further and consider if ANY website holds value?  Is it possible that nearly all traffic on the web is some form or relationship media, where the value and influence is between personas and not between the site and the visitor.

I recently tweeted on this and got a response claiming that even with social media, it is not always about relationships.  The example given was a user recieved needed technical answers he was seeking from people he did not know, who had tweeted out into the ether.

From my perspective this person trusts the collective intelligence and personas of the Twitterverse.  He is using the Twitter API as a channel to connect with people he doesn’t otherwise have access to. I believe that IS relationship media at work.  He has definitely moved past finding value in a site or destination in exchange for connecting with expert personas.

Even beyond social interaction I think we can see the web has shifted primarily to relationship media. Consider the 90/9/1 rule where 90% of engagements on any social site are people consuming but not participating in the conversation.  I see a relationship here. The 90% has a relationship with the 10% of content producers.  And that relationship is often more sought after because it is deeper and more trusted than most institutional sources.

So for marketers what does this mean?  I can’t help but wonder if we have moved to relationship media while not fully aware, and not comprehending what it means.  Are we continuing to build sites while focused on the value of these destinations, meanwhile ignoring the value of personas & relationship fostering, that may truly be at the core to building relevance and influence on the web?

As long as you keep the conversation brand related when you find new customers, you should have success. It takes five minutes to set up both types of accounts. Twitter makes this next part easier. All you have to do is search for your brand, or you could search for people where you live. Most likely you know some of your customers by name already. You could also make a list of customer’s names or have a signup sheet or contest. If they want to sign up to become your friend on facebook or give you their twitter name so that you can follow them on twitter, and hope that they return the favor. This can all become time consuming especially if you have a store front with an online presence. Social media is relationship management for businesses. It allows businesses to protect their brand and gain new customers in the process.

John Botch

Laserburnmedia.com

john@laserburnmedia.com

More Marketer’s are using social media.

Friday, August 14th, 2009

twitter-logo2

As if you don’t know and are living under a rock somewhere social media is taking the world by storm. Marketers are jumping on the bandwagon at a rapid pace. Marketers are actually realizing the power of social media. It gives them an added advantage to target the customers that use or are more likely to use their product. Direct marketing works especially if it is targeted to a select group of people.

Earlier this year, we reported that 63 percent of companies planned to increase their spending on social media in 2009. Thus, it’s not too surprising that a recent study from the Association of National Advertisers reveal that 66 percent of marketers have now used social media in some capacity in 2009.

Also not surprising, the top platforms being utilized: Facebook () (74%), YouTube () (65%), Twitter () (63%), LinkedIn () (60%). Combined, this usage represents significant growth from 2007, when the same survey indicated that just 20 percent of marketers were using social media.

Although social media marketing is clearly on the rise, it remains a relatively small part of most marketing budgets. ANA reports that the bulk of spending will still go to maintaining a company website, search marketing, and online display ads.

That said, social media (including blogs) remains the quickest growing marketing segment, and as we recently reported, it’s expected to grow to a $3.1 billion industry by 2014. In all, it looks like social media marketing still has a healthy amount of growth in front of it.

Advertisers are more willing to use social media but seem to not give it a large part of their budget. Why would they if you know that you are marketing to a certain group of people? It is cheaper to advertise on social media websites and websites themselves than to use mass media like TV or radio. With social media you do not have to advertise to a large group of people and hope that you get a handful of new customers. You can advertise or friend a customer or potential customer and be able to turn that lead or friend into a new customer at a better rate.

Companies and marketing companies will realize that it doesn’t cost that much for social media than any other type of mass media. Who wouldn’t want a better return on their advertising investment? Every company is always looking for new customers right? Social media marketing might be labor intensive but it cost less compared to mass media.

John Botch

Laserburnmedia.com

john@laserburnmedia.com

Ning?

Saturday, August 8th, 2009

ning_logo

I have known about Ning for a while. I even belong to two of their many networks. It is a great service for people to create a social network for free on almost whatever topic they would like to. They are over 2000 networks that where created through Ning. There are sites for 1 job posting at a company to college students talking about undergraduate leadership.

It’s no secret that having a strong online presence is vital in today’s job market — especially for Millennials — and that the first step in creating that presence is to build profiles on the “big three” social networks: Facebook, LinkedIn and Twitter. There are countless articles outlining how these sites are going to take over the world, and they may not be entirely wrong, but these social-media behemoths are not the be-all and end-all of online interaction. Some of my best relationships and opportunities have come from small, topic-specific social networks.

As for Ning being the social networking site of the future, time will tell. I think that it would be hard for it to be the network of the future because there are so many social networks already. They have only started up in October of 2005. Don’t get me wrong I think that it is a great site but people will belong to many social networks at once. That can make thing very complicated. Even though you use the same username and password to get on all the sites, you may not know what networks you belong to. If you belong to many networks at once this can become very confusing.

There are thousands of communities out there for every hobby, career, culture and interest. One of my personal favorites is 20-Something Bloggers, a place for bloggers like myself to meet online and share ideas. I also recommend Snooth for learning about wine, GoodReads for connecting with other bookish types, and Imeem for sharing a love of music.

If, for some reason, you’re not able to find the community you’re looking for, start your own! Sites like Ning allow you to build your own highly interactive social networks, complete with forums, chat, events, etc. Then, not only will you have an awesome network of people, you’ll have become an entrepreneur in the process.

There are many different communities. I think that this may take on within the next year or two. I think that as of right now there are some draw backs to the Ning right now. They have just recently decided that they would open their network up to developers. It is the best way for someone to create a specific network for one’s hobby or if a company is looking to fill a much needed position but do not want to go through the regular application process.

-John Botch

Laserburnmedia.com

john@laserburnmedia.com