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Archive for the ‘Facebook’ Category

Can Social Media Networks Deliver?

Tuesday, November 23rd, 2010

Can social media networks save your business or your advertisers’ business? The short answer is, no, not on its own.

In order for advertising to motivate an action it is dependent on the level of acceptance granted by the consumer to the medium reaching out to them. And that acceptance varies greatly across the social and demographic strata. What works for communicating with the comic book aficionado may not be suitable for the casual follower of a research firm. Social networks are effective at increasing participation -— by lessening the level of motivation that participation requires. In other words, you can “like” a cause or a firm, and share that with others, but it does not necessarily translate into true action. That action commitment is best achieved by constant outreach to the core clientele through a variety of methods that derive from a central point, or voice.

Email is perhaps the most effective at achieving consumer action because it requires commitment, and Facebook Savesmotivation, on the part of the recipient — they must opt-in for a stated reason or proposition, they must open and read the email and then the consumer must make a decision of how to dispose of it, retain it or take action. Unlike a social network, what matters most is not the size of the list but the “interest level” of the list. It is a fact, increasing an email list does not provide better reach, or even increase action results, because it requires more generalization and by nature this will dilute the commitment-level as the motivators multiply to seek the average. Commonality diminishes in such an environment. To say “we need to double our mailing list” misses the point of effective email. Lists built on narrow and distinct interests, or “rallying points,” are more successful, returning higher open and action rates. The more smaller lists you have, the more effective each will be in motivating a desired effect.

The occasional tweet can be an action motivator but too often it is seen as an intrusion to receive a beeping or chiming “must-see” message that is little more than a marketing gambit. Social networks are limited in their reach because they are not true participation motivators. And often, early adapters and innovators try to cram every stray fact and experience into the new model to ascertain that the new medium destroys the old without looking at the complimentary and distinct behaviors that can lead to a symbiotic marketing approach. Thus the glut of social network success stories (often sans ROI detail).

There is no silver bullet in marketing. It requires a deep understanding of the target customer and the ways that they interact with media in order to leverage the most impact. This is a moving target as new media springs up every few years and the ways people consume and communicate change rapidly. No one approach is valid — it requires experimentation, fine-tuning and an understanding of the unique characteristics and motivators of each medium and how they work in a dynamic integrated fashion to achieve a marketing objective.

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Local media’s real competitor: Friends

Wednesday, November 10th, 2010

When it comes to getting people’s attention, media’s biggest threat isn’t from other media.  It’s from common, everyday people who have something to say.

Like everyone else, my attention span is stretched.   Several times an hour I make conscious (but mostly semi-conscious) decisions on where to place my attention.  The Internet has made it easier to stay connected with friends and family on our own time, at our own pace.

Let me give you an example.  It involves my grandfather – or Pappaw as I call him.  The alarm clock on my mobile phone awakens me every morning.  It sits on the night stand next to my bed.  Usually looking for a reason to sleep another 10 minutes, I check my e-mail to see if there’s anything urgent from my colleagues.  When I finally get up, I check in with Facebook.  The news feed grabs my attention, reading posts from the few people that bother to post anything in the mornings.  In my life, that’s usually my Pappaw.  He “liked” my link or my status.  Nearly every day, I get this connection to Pappaw through random thoughts and comments.  However trite, it warms my heart and starts my day off right.  It’s no wonder that I check back 50 times a day.  A quick glance allows me to stay connected to people I care about but cannot see on a regular basis.

My Pappaw is my fan.  He cares.  He makes me feel good.  So I wondered, in preparation for a webinar for Borrell on the topic of social media, what it might be like if I were a “fan” of my local newspaper site, The Sun-Sentinel.  The posts started off less interesting.  The newspaper was obviously a newbie  that didn’t really know how to use the medium.  The paper started by posting funny or unusual national stories.  More recently, the posts have been intriguing and local – real conversation starters.  I’ve noticed that my best friend follows the paper on Facebook too.  Any story she comments on shows up in my feed.  It’s fun to participate when someone I know is paying attention.  That’s really the point of Facebook, anyway, right?

I grew up reading the newspaper every day, worked for one back in the 1990s, and then just got too busy and stopped being interested.  I’m not sure why I don’t read the printed paper anymore.  I always heard that the newspaper was better appreciated by people as they aged.  It’s just not on my radar.  I have stayed on top of pressing local issues by talking to my friends.  This may not be the most reputable source of information, but it makes me feel connected, which is what really matters to me.

I noticed a few months ago that The Sun-Sentinel was drawing me in through my Facebook feed.  Did they hire someone who gets it?  When I clicked through to the website twice in a month, I realized they had figured out how to use Facebook as a distribution channel for their stories.  Placing links to stories on Facebook does absolutely nothing for local media, but placing links to intriguing or controversial stories on Facebook starts chatter.  From chatter comes sharing and increased page views… then… wait for it… revenue!

So, local media, if you want my attention, you’d better run the race alongside my friends, my family, my Pappaw.  Keep me interested, and I’ll continue to be your fan.

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The Tortoise and the Hare

Thursday, April 22nd, 2010
Kip Cassino, VP Research

Kip Cassino, VP Research

While listening to the questions during our Webinar on Wednesday (4/21) on the promise of mobile couponing, I was reminded of Aesop’s famous fable and the spin my grandfather gave it many years ago.

My grandfather was a veteran of both world wars, an Annapolis graduate, a man who had travelled to every corner of the globe. He asked me one day when I was about 5 if I had heard the story. “Of course, Grampa,” I said.

“Well, do you believe it?” he continued.

“I guess so.”

“Son,” he said, “It was a very long time ago, and I was young, but I saw the whole thing. The hare never fell asleep. He was too keen to win.”

“Then how did the tortoise beat him, Grampa?”

“Simple,” the old man said with a chuckle and s smile. “He cheated.”

I drew a sharp breath, and my eyes got wide. I couldn’t believe what I was hearing.

“Now, don’t get a frown,” my grandfather continued, “he didn’t do anything sneaky or mean. He just started early.

“You see, the hare wanted to wait until his handsome new jogging suit came in the mail, and the mail didn’t come until four o’clock. The tortoise had nothing but an old set of sweats, but that was good enough for him, so he started off around two. By the time the hare showed up, the race was almost over. He ran as fast as the wind, and his jogging suit looked great, but there was no way he could win.”

“Didn’t the hare complain?”

Grandfather laughed. “Oh, of course. Of course he did! But the reporters were all around the tortoise, so nobody listened. After that, the tortoise got the book deal and the talk shows — and don’t forget the movie. The poor old hare never got a word in edgewise.”

So what do these memories have to do with mobile marketing? As it turns out, plenty. Mobile is sweeping through media in general — and online media in particular — like a growing tide. Some media planners have decided to take a calm, wait-and-see attitude toward getting into the game. “Why go to the trouble and expense to develop our mobile platform now?” they ask. “In a few years, everything will be cheaper, and we’ll have a better idea which way things are heading.” In other words, they are taking the hare’s strategy.

Others (the media planners I agree with, by the way) think more like the tortoise. They may not have the perfect tools or the biggest budgets, but they will begin working in the mobile space as soon as they can, using the resources available to them. If SMS is too expensive, they’ll try mobile portal delivery. They’ll learn how to build apps, and how to take advantage of a growing number of GPS platforms. By the time their more cautious counterparts decide the time is finally right, they will already have won the race.

Starting early. Is it really cheating? No, but it may seem that way to the competitors you beat.

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