Entries Tagged 'Social Media' ↓

Yesterday I conducted a webcast featuring Peter Kim from Forrester Research and Marty Collins from Microsoft. We had great attendance and shared some of the latest findings from Forrester and how Microsoft is implementing a comprehensive framework and strategy for listening, learning, engaging and measuring efforts in social media.

We asked a polling question of the audience and got some interesting stats that I thought I would share. The question to attendees was “How would you rate your organization’s level of social media engagement?

Attendees answered as follows:

a. Not quite ready – no current social media plans (6%)

b. Information gathering – learning more about this new marketing channel ( 21%)

c. Getting started - monitoring blogs and other online conversations ( 19%)

d. Formal program/initiative – dedicated efforts, processes and resources in place

to collect social media data and learn from it ( 13%)

e. Comprehensive program – a complete process for monitoring, learning, participating

and evaluating social media engagement and results ( 8%)

f. No Answer ( 34%)

Of the attendee’s that participated in the polling question (thank you) I found the break down encouraging around the number of marketers who are getting started, have formal or comprehensive programs - 40% of attendees. That is much higher then recent data gathered (a bit more informally) at some recent speaking and round tables I have conducted.

Appreciate everyone’s attendance and participation.

Blake Cahill

Visible Technologies

A great report was recently published by Brad Bortner from Forrester Research about “How Web 2.0 will Transform Market Research”. Online communities offer marketers - real-time, cheap, and unique insights that traditional qualitative focus groups don’t necessarily provide. We continue to see clients leveraging our software to listen and understand what consumers are saying about there brands. Web 2.0 and social media provide a new laboratory for listen and dissecting consumer opinions. Forrester interviewed 31 leading Fortune 500 firms to compile this new piece of research. I would encourage marketers and market researchers to purchase the report and learn more.

Blake Cahill

Visible Technologies 

Very interesting post from WOMMA of an article that I missed from Jack Loechner last week from the Center for Media Research. 36.2 Million Women Actively Participate in the Blogosphere Weekly. Of the 36.2 million women who are active in the blogosphere each week, 15.1 million of them publish posts of their own, and 21.1 million read and comment, according to new research from BlogHer. As evidence of their passion for blogging, 55% of the women surveyed reported that they would give up alcohol in order to keep their blogs, 50% said they would give up their PDA, 42% said they’d give up their iPod, 43% would give up reading newspapers or magazines — but only 20% said they’d part ways with chocolate.

 Blake Cahill

Visible Technologies 

Attending, speaking, and exhibiting at WOMMA-U in Miami yesterday and today. This morning was kicked off by Bob Pearson from Dell, VP of Conversations and Communications (note the title!). He opens with stats about the grow of the internet and consumption of online content and its continued assent. Then some learnings about content created in other languages. Only 1/3 of total internet content is in English. Dell is focused on listening and communicating in customers’ 1st language - guess what - that’s what customers like - imagine! Also, there is need to recognize that communities are like countries - i.e Facebook, My Space, Twitter.
Great quote from Bob - “Leaders will enter and become relevant in conversations that occur everyday everywhere all over the world about your company or product”. The question for marketers that Bob presents is - Are you or your brand present in the places that consumers are researching and having conversations?

Key Learnings/Actions from Dell:

- Engage in relevant conversations with our customers online 24/7 worldwide in all major languages

- Blogging is global..blogging is multi-lingual..blogging is a community of passion

- Join the conversation

- Would you rather do a focus group of 10 people or listen to 100,000 people debate ideas?

- Start with Listening

- Customers are partners

- Communities are more powerful than individuals.  Communities want to help each other improve.

- Online experience at work should be similar to online experience at home

- Join your customers communities

Dell has actually recognized revenue via Twitter - $500K thus far by offering discounts/specials via Twitter. One of the first revenue conversion stats I have heard about Twitter from a large company.

Great job Bob! We are honored to be but a small part of enabling Dell’s monitoring and outreach in social media.

Blake Cahill

Visible Technologies  

If you’ve been in the Web marketing and communications business for more than a few years it’s hard not to roll your eyes in meetings when the same questions surface now that many of us have answered time and again about what many people perceive to be the next so-called passing trend - social media. We’ve all been there.

Here’s a few other previous “Web trends” a great deal of people thought would not be sustainable over time, all of which I vividly recall having to defend as not a passing fad. This is similar to what’s going on today with social media.

1) The WWW. Yeah, crazy I know, but between 1994 and early 1996, there were many doubters that this “Web thing” was all that big a deal. How many of us spend time trying to convince friends, colleagues and clients that those three letters would change everything? I wish I had kept all the voice mails from people who called to ask if having a Web site was really necessary.

2) E-commerce. Raise your hand if you knew people who said they would never, ever buy anything online for any reason under the sun? It would be hard to find some of them admitting they said that now.

3) Blogging. I know people and companies still in denial on this one. The first time they ever heard names like Boing Boing, Engadget and Scobleizer they broke out in laugher. I haven’t heard much laughing about blogs in the last few years.

So social media is the new second class citizen to join the list. Get used to it. People don’t often embrace change. And while I agree with many out here that the term social media will fad away over time, the underlying ideas, concepts and technologies that drive what social media is all about are here to stay.

Mike Spataro