Top 3 Ways Web 3.0 Will Change Workflow

There are many ways to bolster the productivity of your workforce. You could bring in a business speaker to inspire the inner entrepreneur in your employees. You could offer financial incentives for reaching certain benchmarks. You could also upgrade the technological infrastructure of your office. Preparing for Web 3.0, for instance, will require all companies to rethink business as usual and adopt a wide-ranging portfolio of new online tools and services. The advent of Web 3.0 has already made a lasting effect and we can expect this trend to continue. Here are the top 3 ways it will change the workflow in the business landscape:

Real time collaboration. Complex projects can now be undertaken simultaneously by multiple people across vast distances. The software as a service model now so common with cloud computing services is making it so that documents can be synchronously changed on-line using Google docs and other services. This enables businesses to maintain a diverse and mobile workforce that can execute and launch projects outside the traditional constraints of an office. Web applications that facilitate real-time communication, such as Skype, also allow for non-location based business meetings between clients across the world. In the future, this should help reduce the energy demands of the modern office, as well as the broadband and IT requirements of the typical company.

Virtual reality communities. So far, the best example we have of a vibrant virtual reality world that has bred its own economy, global population, currency, and infrastructure is Second Life. In the future, many people will conduct the majority of their business transactions through sites like this. Everything from trade shows to business meetings to the stock market exchange could take place in an online virtual reality space. At present, VR systems are strengthening the efficiency of workplace environments by offering better visualization tools to manufacturers.

Ubiquitous smartphone use. As cell phones continue to be viewed more as online tools and replace PCs as the preferred method of web activity, we can expect businesses to adopt their widespread use. Smartphones are also increasingly used for journalism, file transfers and real time communication. Expect smartphones to be the pen of the future.

Web 3.0 will be making considerable headway in marketing, social media, and business protocol in the coming years. Many analysts expect it to dramatically change the way companies operate. Real time collaboration, virtual reality, and increased smartphone use are just three of the ways this change will be manifested.

Study: Social Media Marketing Budgets 2012

A recent research by StrongMail states that companies will increase their spendings for Social Media in 2012. Only Email marketing beats the Social Media hype with a budget boost of 60%. And this still happens in times when some high tech offices abandon email from their office already.

However, 47% of the responding companies see the integration of Social Media into their Email Marketing programs as a necessary step into the future. They strive to strengthen the reach of their company web pages in Social Networks like Facebook or Twitter.

Still surprising for me though is that the biggest portion of their budgets will be going into Facebook Marketing with 39% of the respondents planning to spend more in the leading Social Network. Is Facebook still seen as the best ROI driver from a marketing point of view? Is no marketer thinking back and remembering to the old MySpace era these days…?

A good sign for me is that companies also start investing Social Media Management Tools (25%) and in Twitter (24%). Let’s hope they also start to understand the value of context, and don’t just invest in the broadcasting part of Social Media (app development, content production, etc.).

Spot On!
According to the study, the mobile marketing invest that marketers are planning goes predominatly still in developing and building apps for the relevant smartphones in the market (29%), followed by mobile advertising (22%) and still… SMS programs (20%).

Somehow scary is the fact that 24% don’t plan to invest in mobile and another 24% are not sure/don’t know if they want to invest in mobile. Don’t you think it is time to start seeing the mobile future?

Google study offers insights in B2B Marketing

Following up on the webinar “Social Media for B2B companies – tactics, tools and techniques” that I held today from South Tyrol, I have promised to share one of the latest Google studies on B2B marketing.

At their event “Thing B2B 2011″ Google introduced the results of their new B2B study. It refers to business decision makers and how they make their way to buying decisions, which tools they are using and which technical platforms influence their purchase process.

The study “Connecting with the Customer” (video) asked 1.600 B2B business decision makedrs from various industries. The results were then combined with the latest findings of a Compete Clickstream study. The Compete study is tracking website conversion rates of a panel that is based on 2 Mio. consumers.

The study concludes that 30% of conversions on activities like whitepaper downloads, Email, Calls or other pull activity happen after two weeks time, or even at a later stage. It also states that -not surprising- in order to reach B2B decision makers the Internet is the best choice. 57% of the respondents say Internet advertising sticks to their mind versus 34% print. Only 16% say TV ads have a lasting effect on them.

When B2B decision makers are in a purchase process, they make use of the following sources…
- 71% Internet
- 41% Professional organizations
- 39% Tradeshows
- 37% Catalogue
- 33% Consultants
- 31% Direct Mail
- 11% TV

The leading online resources where B2B decision makers go to…
- 73% Search engines
- 51% Brand websites
- 45% Online reviews
- 42% Websites of professional organizations

In the following video Sam Sebastian, Industry Director at Google reviews the most important results of the study “Connecting with the Customer”, and makes clear that Social Media has the best effect if it is connected with all the other marketing activities companies are running. The review is followed by a dscussion between Paul Miller, Vice President of eCommerce at Grainger; Kathy Leech, Director of Brand Communications at BP; Andy Markowitz, Director of Global Digital Strategy at GE. Just watch it…

Spot On!
Business decision makers are a challenging shopper category. However, the study makes clear that the Internet is the place to reach them easily. Mobiles and Social Networks are becoming more and more important in the lead generation process, too. One in three B2B clients who searches for information on their smartphones also uses Social Networks for research purposes. Sam Sebastian, Industry Director at Google summarizes the findings in three bullets:
1. The Internet is the new tradeshow
2. B2B customers search early and often across the Web to information
3. Think orchestration, not integration

Maybe I would have chosen a different third point… “Think stimulation, not penetration!”. But that is my view…

Source

AddThis: Sharing trends based on last 5 years (Infographic)

A while ago, ShareThis shared their insights why people share content. And also this year, bit.ly stated in a research they did that the half life of a link is approximately three hours.

Now, AddThis (1.2bn monthly users) is following their approach with an infographic on their 5th birthday to visualise user behaviour around Social Media sharing trends across the social web.

If you plan your next viral campaign you might consider time and day: 9:30am and Wednesday are said to be the best peaks for shareable content. Most users share content within the first 2 minutes. And 75% of shared content occur within the first day of a share. Interesting though is the fact that cut and paste sharing can still be up to 10x more used than the well-known social sharing tools.

PS: The average Twitter user shares half a tweet per day, according to Twitter CEO Dick Costolo…

CMO’s studies: Yes, Social Media is key! – Can someone gimme a plan on “Social”…?

CMO’s and marketers all over the world and across industries understand the increasing value of Social Media in (their) business. However, I sometimes wonder whether they really recognize how to use Social Capital and Social Business effectively.

How did I get this view…?

Well, studies show me the reality… and many seminars and webinars open eyes. Today, I came across two studies which might illustrate what marketers and CMO’s need to get their heads around. If they are good, they create brand advocate programs, if they act badly consumers will see brands as boring, poor, and even worse… not obeying the rules of social business. And today brands cannot miss out on “Social”. That is a fact, CMO’s understand…

Market Research vs. Social Research
In one of the latest IBM studies of 1,700 chief marketing officers from 64 countries and across 19 industries, 82% of CMOs stated that they will increase their use (or budgets?) of Social Media over the next three to five years. The flipside is that just 26% are currently tracking blogs, 42% are tracking third-party reviews and 48% are tracking the consumer reviews which might help change their market positioning, their marketing insights, their marketing programs. Let’s take the qualitative aspect of Social Research first.

From a quantitative research perspective, 80% rely on market research and corporate benchmarking to rely on as their primary sources for market insights. Obviously, most companies also obey other “non-social” monitoring tools to value the development of their business: 68% use sales campaign analysis for strategic decision making.

In the end, it comes down to numbers. 63% of CMOs believe the ROI on their marketing invest will be the primary measure of effectiveness by 2015. However, almost half of respondents don’t feel prepared to satisfy those business figure aspects. The reason is obvious: CMOs often don’t have enough influence on radical company-wide change processes. Over half of responding CMOs stated they have no impact on pricing process and even less have any impact on new product development or retail channel selection.

Community and Brand Reputation
On the other hand, another new Weber Shandwick study found out how companies understand and plan their social efforts. So, why are some marketers more social than others?

The challenge is to find the key tactics with best possible metric efficiency. Most marketers know about the impact of the 3 “r’s”… reviews, ratings, recommendations on their business efforts. 52% attribute their brand reputation to their online social presence. And even more, 65% project online sociability will boost their reputation in the next three years. However, I would doubt if they act accordingly.

Today, Social Media is part of CMOs marketing mix. The question is, why only 16% consider their efforts as “world class”. This study also makes clear that marketers have trouble establishing clear goals for their social media strategy. Finding the right KPIs is essential. No wonder, companies state they are not well-prepared for the social future in terms of effectiveness. Most o fhtese companies don’t really integrate their social engagement into their enterprise processes.

Spot On!
CMO’s and marketers need to get insights beyond traditional market sources like page impresions, click-throughs and superficial numbers like fans and follower. The good spot is that 54% of global executives experience rewards to outweigh risks – versus 23% the other way round, and some European bosses even focus their attention preferably on Twitter. Although, C-level often does not know how to leverage Social efficiency. The community gives input on the value of products, services and preferrences. When did we have that years ago?

Somehow, marketers are in a poor position as they are working in the transition period. Top down target-group thinking is out, community centric thinking is the future. In some day, we will publish a new strategic theory on this at the IBM JamCamp. Nice coincidence…

Criminology and Law Enforcement Officials Using Social Media To Fight Crime

For years now, the world has become a very high-tech place, and just like with everyone else, criminals are also becoming more astute and coming up with more technological ways to break the law. Ever since the Internet started seeing widespread use, Criminology and law enforcement officials have been playing catch-up to try and monitor all of the offenders that are currently on the web. Now, as social media has taken hold, it seems that officials now have a new tool in fighting crime.

Social media has allowed the world to become interconnected and interface with one another through the digital format of social media. More and more of our connections are going through online forums, but it’s also having the side-effect of keeping track of everything we say. Law enforcement agencies around the country are beginning to realize the power of social media for their own purposes.

Police blogging has become relatively popular lately, and it’s beginning to allow police stations across the country to keep up on the events of the day. Many people are already familiar with the police sergeant sitting at the registry desk, but now a station can keep track of Twitter feeds, blogs, and updates. It offers officials and the public a real-time way to see the crimes that are being committed in their area. These blogs are publishing crimes and arrests and keeping track of the real-world activity through online avenues. This is becoming a very useful tool to keep an open dialogue and exchange of information between citizens and police. Average citizens can also post on these blogs to let police know about what’s going on and it’s quicker than a phone call.

There have been sites where people could go online and see the latest wanted criminals, but now different law agencies are beginning to use Facebook, Twitter, and other social media platforms to update and keep people aware of local criminals that are at large in their area. The great thing about social media is that it’s instantaneous, and officers can keep the public aware of what’s going on up to the minute. This has been done through fan pages as well as local and district specific pages. Their usage has become more fine-tuned over time, and it’s increasing in regularity. It’s another example of how much social media is changing our everyday lives.

Many aren’t aware of the term, but social media stakeouts are becoming a popular tool to find criminals in every background. Some social media advocates argue that this has become a sort of invasion of privacy but police and law enforcement officials aren’t hacking into anything, they’re merely listening in. Whether you agree with it or not, it’s given police the ability to track important information and search real-time for offenders and key words and phrases that are of particular interest. This social media monitoring is a preemptive measure that’s getting a lot of attention. There exists the possibility that these social forums could be abused by officials but there’s no doubt that it has helped them to keep up with the times.

It’s not clear as to how much control different offices of enforcement really have over our personal and social media accounts. There’s been a lot of speculation over Facebook’s complicity in working with companies and governments and sharing personal information. Currently, it’s only through accusations. People are worried about “big-brother,” but it’s essential that we give our law enforcement officials the tools they need, within reason, to combat crime in an evolving society. Otherwise, we could run the risk of giving criminals a better ability to curtail the law and hurt others.

This post is a guest post from the Davenport Institute.

LinkedIn, Twitter or Facebook? Study finds leading social network from journalists…

What’s your guess? What is the leading social network for journalists? And what does this mean to business decision makers, managers and PR professionals?

The answer by far is LinkedIn with 92% – with a remarkable increase of 7% compared to 2009. However, this does not mean that it is their main source of information. At least, this is what the latest study tells us which is called 2011 Arketi Web Watch Survey: Inside BtoB Media Usage of Social Media.

For me it was a bit of an eye-opener as I thought journalists might prefer to use Twitter to monitor sources for trending topics and breaking news. Probably, the statement has some value still. For Mike Neumeier, Pricipal, Arketi Group was not surprised…

“It comes as no surprise more BtoB journalists are participating in social media sites, especially LinkedIn. (…) LinkedIn provides an online outlet for them to connect with industry sources, find story leads and build their professional networks.”

The second largest still is not Twitter. It is Facebook. 85% of journalists are on Facebook (increase by 30% to 2009). However, Twitter comes in nearly at the same result (84%) and with the highest growth of 60% to 2009. And nearly half of the responding journalists (49%) say they blog or read blogs regularly.

“When compared to the 2009 Arketi Web Watch Survey, this year’s results show significantly more journalists are using social media tools (…) This means companies have more online channels through which they can reach media targets. This is both a blessing and curse for today’s PR professionals.” Dr. Kaye Sweetser, associate professor of PR, University of Georgia’s Grady College

Findings where journalists have their news sources…
- 80% via public relations contacts
- 77% rely on news releases
- 74% turn to newswires (i.e. BusinessWire or PRNewswire)
- 71% get from email pitches
- 56% from blogs
- 44% from micro-blogs (such as Twitter), and
- 39% from social networking sites (such as Facebook, LinkedIn and Myspace).

More than nine out of ten journalists responding (96 percent) say they prefer to receive news releases via email from companies they know, and 95 percent of business journalists say they prefer to receive news releases via email from companies they don’t know but are in industries they cover.

Journalists get crucial information regarding breaking news from the following sources…
- 85% Industry experts
- 81% Company website
- 80% Industry website
- 80% Other interested parties
- 57% Industry blog
- 53% Company blog
- 41% Industry Twitter feed
- 33% Company Twitter feed

Spot On!
Although LinkedIn is very popular among journalists, it does not seem to be the centre of attention to get a big story. Still, the direct contact and company websites have massive power and as they are probably the most trusted sources, they still lead. Still, social networks make it easy for journalists to get in touch with relevant people for good quotes. It should assume that investigative journalism is on the rise. Reading newspapers and websites today, I personally get the feeling that blogs have far more to offer.

What is your view?

Majority of Irish students favor use of private devices and Facebook…

What will companies say if employees want to bring their own devices to work? How about security issues and support opportunities for companies? A real challenge for the future when we look at an Irish study that interviewed 164 students in secondary school and at third level in order to understand how this generation is communicating these days.

The study by IT distributor Data Solutions on behalf of Blue Coat Systems shows that more than 60% of young people expect their employers to allow them to use their own personal devices (i.e. smartphone, laptop, etc.) for work purposes in the future.

The argumentation behind their expectations are obvious: They know how to use our private devices, so they don’t need to learn new technology which saves the company time and money. The challenge for companies will be to establish a set of new policy and security guidelines, as well as data safety and storing options.

“More than 85% of the students surveyed own or have access to a laptop, and almost 40% own a smartphone. This facilitates the trend towards ‘bringing your own device’, and every business is going to have to learn to accommodate this trend while ensuring security (…) When today’s students enter the workforce they will be completely in tune with the new ways of communicating and collaborating online, as most are already using social networking sites, blogs, Skype or instant messaging. Employers now need to look at new ways to facilitate their needs and expectations.” Michael O’Hara, Managing Director, Data Solutions

The study also shows the bluring use of email comunication. 75% of Irish students favor social networking sites like Facebook as their main channel for communicating online these days. Just 6% prefer to use email.

Spot On!
The study findings illustrate that social media sites continue to be on the rise in popularity, and it indicates how older traditional online communication tools like email become less attractive. When 88% have a Facebook account, it is not surprising that they are not swappping to Outlook anymore when communicating with each other, not matter if business or private. And it seems that this will have the same effect on the hardware and devices they want to use. Maybe we just need a separate login on our computers in the future? What is your view on this development…?

Study: Where, why and how do people share content…

For some years, I have used a graphic by ShareThis to show how content is distributed, or as we say today: How content is shared. And sharing is important to generate buzz, companies and brands thought and Social Media experts made us think so. It still is but there a tiny differences which might affect your business impact…

ShareThis is sharing their latest sharing insights in cooperation with Starcom MediaVest Group and Rubinson Partners, and it seems the social web sky is not as blue as people thought. The ShareThis button offers many insights to the platform owners and how people use social tools and networks to share “their” content. And when you have the ability to analyse the sharing habits of over 300 million people and 1000 publishers a month who pass links with a ShareThis button, resulting in 7 billion pageviews a month, then there is definitely some trends you can make out…

The study shows that sharing now accounts for an estimated 10% of all Internet traffic and 31% of referral traffic to sites from search and social. However, search still is twice as big as social.

It is not surprising that Facebook rules the sharing process these days. In terms of clicking through to sites, Facebook now generates 38% of all sharing referral traffic. Email and Twitter come in at second with each 17%. However, Facebook does even better. 56% of all shared content comes from the leader in social networks. Email do 15% (down from 34%!) and Twitter at 8% (down from 12%).

But which social network does better in actual clicks? Twitter is better here: Links on the micro-blogging platform are clicked 4.9 times each, Facebook 4.3 times and email 1.7 times. It would be interesting to see if there are no numbers for social bookmarking platforms. I would like to see which of these platforms are resources for those who are the “first clickers and sharers”.

Why? The study puts a question mark behind the sharing philosophy that talks about the viral capabilities of networks. If people share a link, then the first level of people who get the link will click but if these firtst clickers pass it on, then the chance to get more attention and clicks falls massively. This shows the importance of brand advocates for the distribution of content but also for the pocesses inside your sales, marketing, HR and customer service teams. Most companies and brands still don’t understand the value of these business enablers.

Spot On!
The study gives advice which social networks are good for which sharing topics. On Facebook people like to share entertainment and shopping links whereas Twitter is more for business and health topics. People tend to share what they are most involved in, or what their conversations with friends, fans and followers are about. No difference to the offline world. Sharing is the future of business approval, and the modern definition of personality. People are not sharing everything, although some companies would love to see this. 80% of people share only one category of links. It is even less when it comes to clicking: More than 70% will just click on one category.

Do these numbers surprise us? Or would you share something you don’t LIKE?

The Social Society – Social Engagement & Jobs

Some days ago, I have started the series The Social Society which is meant to be a thought-provoking piece of information to get us all rethink what the challenges, opportunities and risks are that arise from the social web. For all those who engage in the Social Web as you will see in this post, it could be a job creator and a job killer. Just the way you want to see it if you are checking the latest findings from studies and posts on social engagement and what it can do to you and your job. In the end as we all know today… Social engagement costs time!

Let’s start with the good message first: An Accenture study assumes the internet will account for 21% of gross domestic product (GDP) growth in five years. Thus, it will have a remarkable impact on employment levels. It “created jobs on a large scale,” the study claims. Accenture predicts the internet creates 2.6 new jobs for every one lost. The study cites the example of France where 500.000 jobs of middle men got replaced by technology as people thought but in reality 1.2 Mio. jobs were created through the internet. So, the internet is a job creator. So far, so good from a general point of view. We get jobs, thanks to the internet…

Now what happens when Social Society is doing their jobs?

One of the main questions that business decision makers want to know is how productive are we based on technology, the web and social activities? You will find more studies stating negative rather than positive impact on productivity when it comes to social engagement.

Although studies should be asking whether productivity increases or decreases with the use of technology, and especially the social web, most of those studies just release negative results. Or is it just the way media reads it? If you ever come across a trustworthy study that suggest the benefits of internet activity or social engagement, I would be very happy to share these findings…

Maybe the following study is a positive example? According to the latest uSamp US study, the web is a time waster. What is positive about 45% of employees surveyed stating they work 15 minutes or less without getting interrupted. Isn’t this a scary thing? Some managers might say: Sure, social media and the other forms of social engagement will be the reason for this. I can already hear them…

The study reveals however, that 60% of workplace distractions are tied to email, social networks, text messages or just jumping between windows of applications, so not only social engagement. 53% of workers “waste” at least one hour per day on technology interruptions by social engagement and collaborative tools which equates to approx. $10,000 in annual productivity loss per person (based on an average salary of $30 per hour). Funnily enough, it is not social media that causes main problem for productivity. 23% of distractions are coming from email. So, productivity will get lost with the use of technology but social engagement is a much smaller portion. It’s the way we read studies that makes them sound appropriate for our purposes, right?

So, can the Social Society use the social web during our working hours?

Well, this is where managers and the evanglists of web technology are fighting “verbal battles” these days. Porsche denies acces to Facebook for employees, Italian government did so to their employees, too. People get fired for being socially engaged on Twitter. Although I have to admit that some of these 13 Twitter cases were not really clever and thoughtful conversations. But go to Twitter and Facebook and just monitor what people are saying. These examples happens on a daily basis. One gets caught by proclaiming or talking about their employer, their company or some irrelevant topic. Some don’t. Or we don’t hear about it. Some people are clever and obey some clever rules about how to avoid personal branding mistakes. We are all learning social engagement these days…

So is there a solution how much social engagement is feasible for employees in the future? Or should I say for the employer…?

Spot On!
In some way companies always appreciated (and expected) social engagement and personal branding. If people were writing books, they have been seen as specialist and experts in their field. If they spoke at events, they were even more accepted and respected as business partners. If they expressed their thought-provoking opinion publicly, people rated their transpaency, their openness and their intellect. People have done this next to their jobs for ages. Companies have accepted it as it paid back to business and brands. Did this increase productivity? Who knows… Today, people write blogs, fuel discussions via Twitter and Facebook, and engage on social communities. The lack of understanding for this social engagement. How to show guidance and leadership capabilities of executives and managers in terms of embracing the value of social engagement. Tracking user patterns or blocking access to modern social media tools won’t decrease the level of social engagement. If people are busy, they will reduce their social engagement. If managers know how to use social engagement for productivity and if employees get more freedom for productive conversations (i.e. fixed % of spare time for social engagement) and social training, I can imagine we will see more positive reports and studies on social engagements in the future.

Again, this is just a thought-proking post and I am very much interested in your views… Come on get engaged! It will help all of us get a better understanding of how to improve our future workplace.

Nächste Seite »