News Update – Best of the Day – 250

Let’s celebrate…! This is News Update number 250! The plan was to write it every working-day. To be honest… A day has only 24-hours (it’s shame it hasn’t 36…!). Sometimes I do need some sleep. And I have the plan to write one post a day as it is a weblog and not a publishers magazine… ;-)!

We will be celebrating this special edition focussing solely on the future of social networks… AND…
I will be drawing an excellent bottle of Italian wine and 3 specially designed The Strategy Web aluminium keyring bottle openers for everybody answering one of the following question!

Location Based Services Social Networks
Foursquare, Gowalla, Brightkite were the first mobile location-based service social networks. Now, Facebook starts with their Places.
The question is… Who will survive and why…?

Business Networks
LinkedIn, Bebo, XING, Facebook, hi5, orkut.
The question is… Are “private social networks” winning against real business networks…?

Private Social Networks
Facebook, MySpace, friendster, Perfspot, Zorpia, Netlog
The question is… Will private and business networks merge in the future…?

Outstanding Countires – Social Networks
Tuenti (Spain), Bebo (India, Portugal, Brasil), Lokalisten and VZ Networks (Germany), Nasza-klasa (Poland), Vkontakte (Russia)
The question is… Will these networks survive against the global networks in the long-run…?

Looking forward to your feedback and Good luck for the draw on September 01st, 2010!

Marketers relying more on blogs in the business world

Although Facebook and Twitter are highly rated from internet consumers, blogs are the standard approach for marketers in the business world (b2b).

eMarketer just released a study that states 34% of all US companies are running a public blog. The outlook for 2012 is even more promissing: The study projects an increase by 11 points to a total of 45% by 2012. In 2007 only 16% of companies used a blog for their communication strategy.

“Studies have shown that marketers perceive blogs to have the highest value of any social media in driving site traffic, brand awareness, lead generation and sales—as well as improving customer service.” Paul Verna, senior analyst, eMarketer

Especially smaller companies with less marketing bucks see the potential of blogs. Short sign-of processes, faster internal dynamics and more flexibility in choosing social technology make it easier for a managing director of an SMB company to set up a blog. Larger companies like stock listed companies have more restricted options to go live on Wordpress, Blogger or Typepad in terms of potential legal, IR-related and logistical issues.

Though Twitter and Facebook are easier to set up and kick off the conversation with clients, the impact of blogs is manifold. Blog posts are indexable and searchable on Google as well as on other search engines. And blogging has a long-lasting effect. While tweets cannot talk about complex topics and disappear quite quickly from search engines, blog post stay – no matter if you are looking for that information today ot in five years time.

Spot On!
If companies can manage it from a resources perspective, the best way to go forward is to set up many social media access points. The professionals have identified by web analysis and social media monitoring where client engagement takes place and where their clients are talking. In a perfect world, users will find the blog post via Twitter and then use the “Like” button to get to the Facebook page – and ideally find some interesting and relevant content there again. But creating different content for different access points is the biggest challenge…, bigger than writing a blog post. Don’t you think…?

Soziale Netzwerke: Markenfreunde treiben Lieblingsmarken

Soziale Netzwerke sind weiterhin einer der führenden Kanäle für Kunden, um mit ihrer Lieblingsfirma oder -marke auf dem Laufenden zu bleiben. Eine neue Studie von Invoke Soultions zeigt nun, daß Social Networking dank der Markenfreunde, ich bezeichne sie gerne als Brandvangelist, die Firmen antreibt, sich in Social Media zu engagieren.

Die Studie besagt, daß 65% der Social Netzwerk Nutzer mindestens einer Firma oder einer Marke folgen auf Facebook. Schon 47% geben an, schonmal einen Kommentar auf einem Fanpage-Profil einer Firma hinterlassen zu haben und 31% der Social Networking Nutzer folgen den Twitter Accounts einer Marke bzw. einer Firma nach den Studienergebnissen von Invoke.

Diejenigen, die einer Marke auf Twitter folgen, sind aktiver, engagierter und bringen ihre Lieblingsmarke schneller in Schwung, wie die Studie besagt. 68% dieser Nutzer kommentieren auf Firmenseiten, 47% schreiben Kommentare auf ihren Facebook Seiten und 25% bloggen oder schreiben Tweet über Marken. Diese Aussage deckt sich mit einer Studie, die gestern von ExactTarget publiziert wurde.

Spot On!
Das Düsseldorfer Marktforschungsunternehmen Innofact hat erst kürzlich festgestellt, daß auch werbliche Botschaften von Social Netzwerk Nutzern außerhalb von Social Communities stärker angenommen werden. 80% besagen, daß sie Fernsehwerbung wahrnehmen und 63% sogar Außenwerbung. Dies steht im Gegensatz zu den Nicht-Aktiven in sozialen Netzwerken, die in der Regel um 20 Punkte darunter liegen. Facebook treibt den Markenaufbau an. 28% der Befragten sagen, dass der Kontakt zu Marken auf Facebook das Markenimage verbessert hat. Kein Wunder, daß wir anzeigen, wie die von Adidas sehen, die nicht mehr die Homepage sondern den Facebook-Auftritt der Marke bewerben.

Wie man aber die Aussage zu werten hat, daß Werbung in Social Networks eher schlecht wegkommt, wenn nur 20% diese wahrnehmen, ist ein diskussionswürdiger Punkt. Denn in meinen Augen verwischen bei vielen Aktionen “redaktionelle Bereiche” und “Advertising”.

Oder wie seht ihr das, wenn im Status Update mal Kommunikation getrieben wird und dann auf einemal ein Gewinnspiel auftaucht?

Study shows, Twitter is a real buzz-generator

It is undoubted that the Twitter users are the most influential crowd of people. A recent research by ExactTarget discovers now the outreach of the influence that these people have. It goes well outside the micro-blogging platform into blogs, forums and even the living room.

In it’s fourth study of their “Subscribers, Fans and Followers” research series, ExactTarget takes a deeper look at what makes Twitter users a special community crowd compared to other online channels. The study shows that the news that the users grab from the micro-blogging platform don’t stay on Twitter.

The news are spread via the following communication channels…
- 72% publish blogs at least monthly
- 70% comment on blogs
- 61% write at least one product review per month
- 61% comment on news sites

“While the number of active Twitter users is less than Facebook or email, the concentration of highly engaged and influential content creators is unrivalled – it’s become the gathering place for content creators whose influence spills over into every other corner of the Internet.” Morgan Stewart, Principal, ExactTarget’s research and education group

Spot On!
The study also provides insight that daily Twitter users are six times more likely to publish articles, five times more likely to post blogs, seven times more likely to post to Wikis. For business it has to be stressed that these daily Twitter users are three times more likely to post product reviews at least once per month than non-Twitter users.

Interested to know if Twitter users really create so many reviews and ratings? What’s your view on this topic?

Google Ads: Marketers have more influence on brand name key words in the future

If your company runs a business in Europe using Google Ads, then the announcement of Google becomes of interest for you. From 14 September 2010 your company will be able to buy and include brand names in keywords in your Google Ads campaign which have been trademarked by other businesses. These changes are extension to the changes made in the UK and Ireleand in 2008. In the US, this has been possible since 2004.

Many companies use Google Ads in order to drive attention to their websites and increase visibility about their products and services. Up until now, it was a court issue for companies to stop third-party ads from being mentioned alongside the paid keyword results of a trademark name. The problem came up when the French luxury goods company LVMH Moët Hennessy Louis Vuitton complained that only they have the rights to be able to use and buy such trademark terms in search offerings. The objective behind this cause is obvious: Brands wanted to protect their brand name.

And in the era of the social web, this also becomes an important impact on brands and the influence on their consumers. “Google argues that selling brand names as ad keywords to multiple bidders helps consumers because it allows them to find product reviews, sellers of second-hand goods and other information. It stressed that the new policy would not extend to the actual display text in search findings.” The idea is that users will find more relevant context connected to the brand name. The bad news for brand owners is that a hifi dealer will now be able to use the products brand names in its keywords.

Spot On!
Seeing this movement from a Google perspective it is a clever approach to boost their Google Adwords business. Although Google stressed that the new policy would not extend to the actual display text in search findings. Nevertheless, questions arise if Google has to watch out for Facebook as a competitor in the fight on search revenues. If more and more people are spending more and more time asking for the opinion of their friends (see launch of Google Questions) instead of searching the answer via search machines, the world of advertisers and brand might follow.

So, did your company already move budgets from Google to Facebook?

Social Networks – Are niche communities the future of networks?

More often people are fed up with all that self-referential talk of individuals on social networks. Or, companies which do not understand the idea of an online conversation, including clients and not just broadcasting the old-fashioned marketing and sales way. Just today, I had some people in my Facebook stream and my Twitter updates telling me how the weather was, what their kids had for breakfast, or that their wives don’t understand their affinity to social networks. OK, nice, fair enough… Interesting? No!

And then I hear my wife saying… “Why keeping up the contact to so many people if there is no option to even get actively into 10 per cent of the conversations happening in these online relationships?” True, but you never know when some contact might need you, or vice versa.

Checking Facebook and staying up-to-date on Twitter becomes challenging on a busy day, with kids that are happy to see dad in the evening for some minutes, and long-time friends complaining why they don’t hear anything from you anymore.

So, is there another trend coming up in the future that might go for niche social networks, niche communities? Why? We had that offline for ages. Years ago, people have spend hours in their football club bar after a training session, or went to book readings to enjoy the discussion afterwards, or went to a vernisage in order to “philosophy” about the latest gallery exhibition with someone they don’t know. The reason for doing it was just their share of interest in something, a hobby, a passion, or a kind of affinity. So, are we seeing social networks for art geeks going on virtual gallery tours in the future?

My father was telling me that he uses a Bridge community and plays daily for one or two hours. A friend of mine is a DJ and he spend hours in communities for DJs like My DJ Space or Mix DJ. Some even still (or again?) love vinyl and become members in a community there. These music enthusiasts do nothing more or less than share their interest in being DJs, and obviously loving to mix tapes. The special interest is the centre of their community engagement.

Some years ago, somebody approached me with the idea of an international golfer network (http://www.golffriends.com/welcome/community). As I love playing golf (though don’t have enough time to play often…), there was some interest to become a member, if not more to become more engaged in the business idea. But then, time and the thought of managing many private interest networks -as I have quite some hobbies- next to my business networks and the top networks made me not investing too much time in that vision. Maybe I should have done…

Mothers share their passion for coffee on Cafemom, and if we think about all the Starbucks communities it does not surprise us. Games exchange ideas and thoughts on Raptr, or real social activists use Care2. Even more “nichy” is the passion of men for their moustache that they express online to the public. And others share their interest in Whisky or Wine networks.

So, my question is if niche networks could take a big portion of the market share of global social networks (Facebook, Twitter, Myspace, etc.) in the future? Can you see people going away from the self-gloryfying popular networks that the mainstream web user is engaged in? Tell us of niche networks you know and how you see this trend?

The 3 types of social networkers that influence the buying process

It’s been a rumour in the industry for quite a long time now: Facebook and Twitter are becoming indirect shopping platforms and their buttons can boost sales. A recent survey by the research firm Gartner Inc. discovered that most of the users appreciate and take suggestions from their friends through social networking sites before purchasing products. And furthermore, they rely on three types of social networking friends for their purchasing decision process.

The Gartner study asked nearly 4,000 consumers across 10 key markets. The interesting part is that people in the social networks are taking different positions inside the purchasing process when recommending products to people they are connected with. Gartner identifies three types of people and roups them into three categories: ‘Connectors’, ‘Mavens’ and ‘Salesmen’.

So, how do they differentiate from each other?
The ‘Connectors’ are defined as those who “perform a bridging function between disparate groups of people and enjoy introducing people to each other”. The ‘Mavens’ are “knowledge exchangers or information brokers”, who are experts in particular area and people go to them for advice. But they are not people who wish to convince people to buy certain items; they are more interested in acquiring new knowledge, it said. The ‘Salesmen’ are those, who have “extensive social connections” and the personality trait that persuade people around them to “act on information in highly directed ways”.

“Our survey results showed that one-fifth of the consumer population is composed of Salesmen, Connectors and Mavens. These are three roles that are key influencers in the purchasing activities of 74 per cent of the population.” (…) “Salesmen and Connectors are the most effective social network influencers and the most important groups for targeted marketing based on social network analysis.” Nick Ingelbrecht, Research Director, Gartner

Gartner advises companies based on the findings of its survey to pro-actively engage with these different types of people on social networking sites. Not surprisingly, they define these categories of social media influencers as the “critical, but underutilised, aspect of the marketing process” for the future.

“Companies attempting to use social networks should develop relationships with key customers over a period of time and progressively refine the social network profiles of those individuals.” (…) “Retailers who run small shops have instinctively done this with their best customers for years with the intention that these ‘VIP’ customers will not only buy the new products but recommend them to their friends.” Nick Ingelbrecht, Research Director, Gartner

Spot On!
For me, there is a strange thing about this study. It causes a Deja-vu, I have never had before in my life. Two years ago, I published and explained -in German- in a long post the importance of these three types of people in business networks for business decision makers, and how businesses should focus on them when talking about their social media approaches. And guess what: Two years ago, I came to the same conclusion and refered to the same types of people. In these days, I have read the book “Tipping Point” by Malcolm Gladwell for the second time. And in this book you will find the same categories of people, and you are told to rely on them and work with ‘Connectors’, ‘Mavens’ and ‘Salesmen’.

The main question is now, how to address these social networking influencers? Can you call them up and talk to them directly? Send an email? Invite them for dinner or lunch? What is the best way to start the conversation with them?

News Update – Best of the Day

Have you ever though on the impact of your logo and your web design? Why do they matter? If you haven’t, read Jennifer Schiff’s post on this topic and profit from great storytelling – and it is also a nice piece of content for enterprise brand managers.

PS: The story of the logo creation for The Strategy Web can be found here.

Every brand manager wants to know what is the ultimate Facebook fan page success code. The answer is, there is no blue print for it. It is driven by humanity and the humanization of brands. Now, Altimeter’s Jeremiah Owyang published 8 success factors that make your Facebook strategy more powerful. Interested on your views…

Though the football world cup is over, the spirit of the game is still alive. Managers took their learnings with them. And those football freaks that have to wait for the next season to be kicked off, they can enjoy this great commercial…

Old Spice: Ist die Viral-Kampagne ein Umsatzbringer?

In diesen Tagen reden alle Werber, Marketingleute und Social Media Experten über die so erfolgreiche Viral-Kampagne von Old Spice. Schnell wird die Kampagne als Musterbeispiel, als Fallstudie, deklariert, was kein Wunder ist. Das Social Media Konzept scheint aufzugehen. Alles scheint erfolgversprechend zu funktionieren.

Die Abrufzahlen auf YouTube sind hervorragend. Die Marke generiert viele Fans auf Facebook, Follower auf Twitter und wird genannt in den Medien. Die Zukunft der Kampagne scheint gesichert, da man geschickt Feedback von Social Media Influencern (oder sind es eher Social VIPs?) avisiert, auf dies reagiert. Und es gibt davon auch auf Youtube offensichtlich genug. Alle scheinen begeistert zu sein und sorgen für ordentlich Buzz um die Marke.

Nun stellt sich eigentlich nicht die Frage, wie erfolgreich die Marke mit der Social Media Kampagne wirklich ist. Oder doch…?

Die Anzahl der Abrufe wächst kontinuierlich. Die Kommentare ebenso und… Moment mal! Liest man die Kommentare genauer, scheint sie weniger erfolgreich zu sein. Die Inhalte der Kommentare lassen Zweifel aufkommen. Spott und Häme wechseln einander erfolgreich ab.

Und die Umsätze? Schließlich geht es am Ende des Tages darum. Eine Frage also, der offensichtlich auch Brandweek nachgegangen ist. Das Ergebnis lässt aufhorchen…

“But sales of the featured product—Red Zone After Hours Body Wash—aren’t necessarily tracking with that consumer appeal: In the 52 weeks ended June 13, sales of the brand have dropped 7 percent according to SymphonyIRI. (That amount excludes those rung up at Walmart.) P&G execs were not available to comment.”

Differenzierte Betrachtung? Fehlanzeige! Offensichtlich wird auch aus Sicht der Publisher ebenso schnell der Rückschluss gezogen, daß die Kampagne ihr ROI Ziel verfehlt hat. Und es erscheint noch viel schlimmer, daß auch noch andere am kreativen Merchandising um die Idee verdienen. Ach, wie sozial ist Business doch. Ist wahrlich fragwürdig, wie erfolgreich die Marke Old Spice ist mit der Social Media Aktion?

Spot On!
Social Media setzt bekanntlich auf Nachhaltigkeit. Daran sollte sich auch der ROI von Social Media messen lassen. Es bleibt abzuwarten, wie lange die Kampagne um den modernen Old Spice Mann budget-technisch durchhält. Und ob sich die Sales-Zahlen nicht doch noch verbessern in den nächsten Monaten. Oder Jahren? Dann erst zeigt sich der Nachweis für nachhaltige Wertsteigerung einer Marke dank Social Media, von dem in vielen Blogs zu lesen ist. Ist die Grundlage der Betrachtung ein offensichtlicher Kampagneansatz, darf man jetzt schon voreilige Schlüße ziehen?

Interessant wäre zu wissen, wie die KPIs der Kampagne definiert sind. Denn nur dann, weiß man, ob sie für Procter & Gamble erfolgreich ist. Aber dazu müßte sich das Social Media Team um die Marke Old Spice in die Social Web Kommunikation integrieren. Genau da scheint es zu fehlen. Und wie das machbar ist, bei dem Aufkommen an Konversation ist auch eine wahre Herausforderung an die Verantwortlichen der Idee. Vielleicht ist man einfach überwältigt vom Feedback aus dem Social Web?! Ich bin es von der Marke und vor allem dem Produkt nicht. Es erinnert mich ein wenig an GM, die versucht haben mit Social Media eine angeschlagene Marke vor dem Aus zu retten.

Grundsätzlich stelle ich mir die Frage, ob Social Media der richtige Ansatz war, um eine Marke so zu inszenieren.

Wisst ihr eine Antwort darauf? Ich bin gespannt…

News Update – Best of the Day

Have you ever heard of the X-treme shopper? Well, the amopunt of people that fit in this personalized power shoppers category increases. A new study by GFK research shows that already 31% of Americans find themselves in this category. They use all emerging technologies and information resources available in order to take control of their shopping and purchase experience.

“By mixing and matching information and shopping resources to meet their specific needs, consumers are now continuously creating unique pathways to purchase. This presents an unprecedented challenge for marketers who must take special care to ensure their various touchpoints work together seamlessly to help guide XTreme shoppers on their quest for the best values.”

Mike Kassab, senior vice president of Innovation and director of the Future Buy study, GFK

Did you know that the world population according to the United Nations is 6.8 billion people? And how many have a mobile phone? A new study by Ericsson says 5 billion…!

And what would people do if Facebook was closed tomorrow? A recent study by Andreas Weigend, former chief scientist of Amazon at Stanford, suggests that 40% of respondents would backup photos and 38.7% said they would backup contacts.

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