News Update – Best of the Day

Today, we will be serving the ‘How To’-Help – Enjoy it!

How to start a blog and make it effective … Jamie Herzlich knows facts about your competition (130 million blogs on the Internet – according to Technorati) AND has some very good advice that you are not getting lost with your blog.

How to start a corporate Twitter account…. Evelyn So has some interesting ideas on considerations before you dive into Twitterville, taken from a corporate, communication and customer point of view and background. Read comments also…!

How to Get More Out Of Google Docs… It’s on you! If you have the right input, just contribute, log in and add them to the page. Help writing this article. Yes, this is the power of a wiki.

PS: How to Present While People are Twittering? Years ago, people were whispering to each other at conferences, today they are ‘twittering’. Olivia Mitchell knows how to adopt and get attention when you are a speaker.

News Update – Best of the Day

Wer twittert, läuft schnell Gefahr, die Effizienz und Produktivität seiner Arbeit mit Twitter an den Abgrund zu bringen. Manche trennen sich daraufhin von 20.000 Followern. Es geht aber auch anders. Lee Oden hat 12 Twitter-Stream Aggregatoren zusammengestellt, die aus Twitter einen Freund und keinen Zeitdieb machen.

Enterprise 2.0 ist in aller Munde. silicon.de schreibt mit ‘Gut geplant ist halb gewonnen’ über RSS, Blogs, Tags, Wikis, Intranet und Co. Doch was ist, wenn es um die Umsetzung geht? Unternehmen wissen dann oft nicht mehr weiter. Dr. Berit Jungmann und Stefan Ehrlich zeigen Ansätze, wie Web 2.0 erfolgreich in Unternehmen umgesetzt werden kann…

… und in Krisenzeiten können Unternehmen mit Web 2.0 noch viel mehr erreichen. Wie man strategische Applikationen für das erfolgreiche Business in Krisenzeiten einsetzt, beschreibt Dion Hinchcliffe im ZDNet Blog.

This is a Twitter wake-up call! Well done, Jim…

Some days ago, I read a comment on another blog moaning “OMG – not another Twitter post!” Bearing this in mind, I now reply with a post to Jim Connolly’s clever decision. The marketing expert who deleted over 20.000 followers some days ago.

So, my comment is…’YES, a critical Twitter article – finally somebody did it.’

One of our editors asked me the other day: ‘Why would you use Twitter?’ I replied…

Imagine you have a mobile phone.
Imagine there is nobody in your address book.
Imagine you have forgotten all numbers.

And, what is the value of your mobile phone in this case? That’s were you start to twitter…

So, I thought about the comparison and came to the conclusion. There is a big benefit of a mobile phone compared to Twitter. The communication barrier which is called the ‘Dial’ button. Although you have a lot of people in your business ‘communication network’, you just talk to them actively when it’s the appropriate time. But people love to listen to Twitter in a passive mode. This is becoming a critical efficiency issue…

Jim summarizes about his future Twitter balance… “BUT this time, I am only following friends, clients and contacts, (which will be quite a large number in itself.)”. Yes, he is popular and back at far more than 500 followers again…

Spot On!
Let me ask… Do we all know what the critical topic with Twitter is? It can be a ‘time thief’ where we spend hours killing the efficiency of our productive work output by trying to invest in our knowledge, in our vanity, in being the first to know and in our ‘trendsetter image’? Ah yes,we can learn a lot from Jim’s decision. It’s a wake-up call, not only for the Twitterati…

News Update – Best of the Day

Die richtigen Strategien für Social Media zu finden, ist derzeit ein Versuch von zahlreichen RP- und Marketingexperten. Geoff Livingston, ein bekannter amerikanischer PR Stratege, bringt die Komplexität der Thematik in seinem Post ‘Five Social Media Strategies‘ kurz und prägnant auf den Punkt.

Es gibt viele Leitfäden für die Planung einer Webseite – aber nicht viele für die Planung der perfekten. MintTwist, eine Internetberatungsfirma aus UK, hat eine sehr interessanten Planungs-Leitfaden abgeliefert. Einfach mal durchlesen und selbst prüfen, ob die bestehenden Elemente der Planung, dem Design und der Aussagekarft der Webseite entspricht.

Nach seinem erfolgreichen Post über Personal Branding 101, hat der Autor des Buches ‘Me 2.0’, Dan Schwabel, nun seinen zweiten Teil abermals bei Mashable veröffentlicht. Personal Branding 102. Wer sich diesen Post durchliest, macht sich danach sofort an das Auffrischen seiner Digital DNA und seiner Kontakte in seinen Social Media Netzwerken.

______________________ Spot On!

Wenn Sie einen aktuellen Report zum Thema Social Networking haben möchten, bietet diese Studie Ihnen die Option dazu. Die Studie will herausfinden, wie wir Social Networks im Business-Kontext nutzen, welche wir bevorzugen und wieviel Zeit wir dort investieren. Nehmen Sie sich die Zeit und sein Sie einer der ersten, der die Studie bekommt.

Safer Internet: Social Networks want to protect children

Let’s hope this was kind of a historical day, yesterday… The day against ‘Cyber-Mobbing’ was called the Safer Internet Day. One reason why 18 companies signed a new kind of declaration of a self-imposed obligation named the Safer Social Networking Principles for the EU contract.

In order to prevent the misuse of new technologies companies go hand-in-hand on their social networking future. Probably, much appreciated from parents is that big social networks have signed the agreement, i.e. MySpace, Facebook, Habbo or Bebo – but also Google and Yahoo belong to the group of signatories.

Spot On!
Children and young people face many risks with new technologies: i.e. cyber-bullying, grooming, privacy violation or exposure to harmful content (pornography, racism, etc). The contract is like a company-grouped agreement to protect young people online more than European legislation already does. As a dad of two kids I definitely appreciate the effort and will keep an eye on it.

News Update – Best of the Day

– Das Business-Netzwerk LinkedIn hat seinen Einstieg in den deutschen Markt offiziell verkündet. Den Angriff auf XING startete Reid erstmal mit einer PR-Tour. Oliver Voss (Wirtschaftswoche) hat mit dem Gründer von LinkedIn Reid Hoffman ein Interview geführt. Darin sagt der LinkedIn Chef, warum es zwei Jahre dauern wird, bis XING die Folgen spürt und er gibt Tipps, wie Unternehmen durch die Krise kommen. Und Dorothee Fricke (Handelsblatt) gegenüber erklärt Reid im Interview, warum er gerne Barack Obama wäre.

– Es gibt viele Studien, die einem die Zukunft weisen. Manchmal muss man aber auch einfach mal seinem Bauchgefühl vertrauen. Das funktioniert nämlich. Glauben Sie nicht? Ist aber bewiesen. Lesen Sie selbst die Meldung zu einer Studie, die das Nature Neuroscience veröffentlicht hat.

“We may actually know more than we think we know in everyday situations, too,” said Ken Paller, professor of psychology at Northwestern University and co-researcher on the study. “Unconscious memory may come into play, for example, in recognizing the face of a perpetrator of a crime or the correct answer on a test. Or the choice from a horde of consumer products may be driven by memories that are quite alive on an unconscious level.”

– Der Tag wird kürzer, die Ablenkungen nehmen zu – ob technisches Spielzeug oder Internet- und Handykommunikation, ach ja und auf Business-Events und soziale Treffen sollte man auch nicht verzichten, usw. Wem das alles zuviel wird, schafft sich entweder seinen Personal Web Manager an oder orientiert sich an David Allens Buch Wie ich die Dinge geregelt kriege – Selbstmanagement im Alltag. Und wer sich das Buch gut einteilen will, der folgt Oliver Gassner, der das Buch in 14 Wochen als ‘Taktgeber’ und Art Moderator gemeinsam mit seinen Lesern durchgehen will. Interessanter Ansatz zur Leserbindung…

PS: Die BILD ist übrigens Online Milliardär

Cost per User – the next digital currency?

The discussion about the best advertising currency is long-lasting. It may never be ending. Still the discussion needs to be continued. The web publishing space had all the options on the table: cpm, cpi, cpc, cpl, cps and so on. And each and everyone of those failed in a way that makes all sides of the publishing and web value chain happy. The only currency that did not seriously come up as a currency ratio in media is cost per user (cpu) although every company follows this metric to evaluate their website costs.

Advertisers love to purchase ‘cheap’ quality space of extraordinary target groups. Platform owners need premium-price compensation models in order to provide high-quality content to their users. The users don’t care. Although they are the stumbling block, the center of attention, in this issue between platform providers and advertising clients. Now that web 2.0 and social media comes into the ‘cpx-game’, everyone gets a chance to rethink digital currency models. What is missing in this discussion is the cost per user model.

A Retrospect on Controlled Circulation
If we go way back to the beginning of this century, there was an interesting discussion about controlled circulation going on in the publishing industry. This discussion indicated that the best value of a medium is the registered or qualified user. Someone who gives away a lot of personal data in order to receive a medium for free. And there were numerous print magazines in the market that do and did controlled circulation. And today? There are hundreds of community-based business models on the web – all of these are to a huge degree controlled circulation orientated. Only a few of these businesses know about it, or see the premium value of controlled circulation media in this advertising space.

Now, what exactly is controlled circulation?
In a lot of meetings with clients, the question came up a thousand times when we explained our old community model. Controlled circulation is a distribution model, usually free of charge, for newspapers and magazines that wanted to have a deeper control of their target group. Thus, controlled circulation magazines offered the ideal targeting of the best quality audience for their advertisers. The benefit was quite obvious if we read the articles here and there. Advertisers spend more money for an ad in the controlled circulation arena than for the classical news-stand magazine. In booking controlled circulation media advertisers know in details what target group get for their money. This premium model could have been applicable to business models on the web. But only a few saw this option and took advantage of the ‘closed’ access door idea.

Why is controlled circulation a winner?
The big benefit of controlled circulation is that non-profit organizations audit the reader database of magazines or web platforms in terms of database quality and quality reach: for print BPA and for web platforms ABC Electronic. Both independent ‘controllers’ double-check in the means of the advertisers what kind of target group quality content providers ‘pretend’ to offer to the advertisers. Advertisers love the audits as there is some reliable data that marketers could show to their bosses or the management team after the sales people had captured the marketing-office for their sales pitches. It needs to be said that the audits were based on projections – only 10-20% of the total database really was tested, but still the quality check was much appreciated by the advertisers.

Controlled circulation and the modern web communities
The question is: Why did the controlled circulation discussion ‘die’? Why was it not carried on as an idea for a premium-priced advertising currency in the web world? Why did the focus on the high-profile individual user registration get lost when there was such a huge benefit for the advertising industry? Did it get killed alongside the top-valued personalization idea which got stepped down by the advertising cpm valuation? Maybe…

Nevertheless, in days where social media, social networking and community-building is exploding, is it not the right time to focus on the value of the registered user in terms of digital currency and critically scrutinize the ‘odd’ cpm valuation? Does not the individual need to be in the center of attention of the modern web 2.0 world? The modern web individual that communicates with companies. The one that reads, comments, blogs, publishes, networks, rates or reviews?

A vision
Just imagine there was a kind of database that all magazines and platform owner have to use who want to earn advertisign dollars. That database is held by a non-profit organization or the government. A system where all users unite, active and inactive web users. Every user could define their most interesting platforms and status of activity which would lead to a cost per user index for each online magazine or web platform, based on consumption intensity of the average user, social networking value of the active user and staying-time frequency of each individual. In the end, the combined data of the website generates a platform coefficient which leads to a cost per user. This is the cost that advertisers want to book, right?

Spot On!
In the modern social media world registration processes become daily business for users. If it was one database as described above, the users would be held responsible. They would be more careful on how to define access and care about their data. From day to day, users get more open minded about showing their data on other media including registering their preferences, interests and hobbies. And platform owners benefit from that. In the future, it will become a state of the art for publishing houses and digital platform owners to have their own web community visible on the side-bar for new visitors. This is a huge success for web platform owners. What could be a better reference if you can show your audience, visual and accessible for everyone with avatar picture that the users upload themselves? Bloggers already use this option to attract more interest. The single user will become the reference for each platform.

So, what if the best targeting measurement of a platform becomes the cost per user (cpu)? If we think about how connected (via Google, Facebook or Yahoo) these platforms are becoming and see all the website and social media metrics we could monitor, the question rises: Is there an option to standardize registration on web platforms and communities plus integrating all the generated data of these platforms into one non-profit system or organization which calculates a cost per user index based on targeting criteria like b2b or b2c and different demographic data? Is Cost per User the next digital currency? The discussion is yours…