Mashable does it again

“Mashable’s Social Media Guide for Small Businesses” by Matt Silverman (Mashable.com, 4 December 2009). Brilliant! So jam packed with goodies that the best thing to do is get out of the way and let you jump right in. Enjoy!

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One, two, tweet

“Staying On Message” by Jaikumar Vijayan (Computer World Magazine, 19 October 2009). There’s certainly no shortage of ideas and examples on the business uses of social networks. None the less, this is a solid collection to get your week started on the right click.

In addition, there were two other soc-net focused articles from ComputerWorld.com that you should be of interest to you:

“Social Security – Public cloud vs. internal social networks” by Stacy Collett

“Scams & shams: The trouble with social networks” by Robert L. Mitchell

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Calculate your IIE (Investment In Expectations)

“What’s your Twitter ROI? How to measure social media payoff” by Mary K. Pratt (ComputerWorld.com, 21 September 2009). Ms. Pratt crafts a soft, user friendly overview of some of the ROI issues that are confronting organizations as they migrate their brand into the realities of Web 2.0 and beyond. If you’re in this camp then this article will let you know that you are not alone.That said, aren’t these the say type of questions we asked 10 years ago as the internet went mainstream? My stock tongue in cheek joke is — The internet, I hear it’s gonna be big.

Unfortunately, the article misses the mark on the point of social media, Web 2.0, etc. and the associated shift in the paradigm. The world as it now exists isn’t about the brands, it’s about the guests. I’m certainly not going to suggest that any effort be pursued at all costs. We are talking business after all. However, the old mind set of, is what I’m spending going to get my customers to do what I want them to, doesn’t really apply in a world where the guest has the power. The question guests now ask is, is brand such-n-such doing what I expect? Are they living up to MY expectations?

In short, you don’t really have a choice.

You’re going to have to surrender to the fact that some of the old measurements (of control) no longer apply. The approach needs to more holistic. There needs to be effort put into being part of the conversation (and stop focusing on leading and/or manipulating it). For example, the reality is, you don’t have to tweet. However, you do need to give people something to tweet about. It’s amazing what you can get for free if you know how to play your cards right. The fact is, in the history of business, no marketing tool has been more cost effective than word of mouth/Tweet/FB status.

Actually, you have two choices. One, figure it out now. Two, figure it out later. Either way, you will have to figure it out. These things — whether it’s Twitter, Facebook or their eventual cousins — aren’t going away anytime soon. If you wait to make the investment in understanding and using the tools then you will only be that much further behind the curve. This isn’t a sprint, it’s an ultra-marathon. So while you’re scratching your bum, focused on ROI, others are being guest-centric, putting their self-interests aside for the moment and pushing forward knowing that the return will come.

Because as we all agree, standing still isn’t the key to success.

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Big Brother is Googling

Google watch:

“Google Plans a PC Operating System” By Miguel Helft and Ashlee Vance (New York Times, 8 July 2009). What so many have been saying for so long. Time will tell if this will be good news for the rest of us.

“Great Wall of Facebook: The Social Network’s Plan to Dominate the Internet — and Keep Google Out” by Fred Vogelstein (Wired Magazine, July 2009). The classic battle between good and evil. But who’s good and who’s evil?

“Secret of Googlenomics: Data-Fueled Recipe Brews Profitability” by Steven Levy (Wired Magazine, 22 May 2009) Who would have thought that a tweak or two on an auction would becomes a billion dollar money machine?

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Getting (NPO) guests to buy the passion

“Hello? Arkansas? Yeah, It’s Facebook” by Mark Hrywna (The NonProfit Times, 15 June 2009). Great and inspiring article but for the moment try not to be distracted by the social network hype. Using social networks is a tool, not a panacea. It still takes time and resources to use that tool . What’s nice is that when the work is done well then the fruits of that labor can scale rather well (i.e., the pool of guests / donors is large).  It should be noted that Arkansas Children’s Hospital Foundation (ACHF) “recently hired someone to take over direct marketing efforts and social networking.” In other words, to reap the fruits an investment must be made, managed, maximized, etc.

In addition, Ben Tanzer, senior director of strategic communication at Prevent Child Abuse America (PCAA), makes an essential point when he says:

The goal is to create as many platforms and portals as possible, providing people with different opportunities that the organization eventually will cross-link, and as Tanzer describes it, cross-pollinate. PCAA is focused less on fundraising and more on “helping to refine the message so when people learn about the organization they get what we do,” he said.

Being available is half the battle. It is still important for the brand to clarify their message, a message that needs to resonate with their perspective guests. The NPO has to figure out what it is that their guests are willing to buy. Simply asking for money is probably not going to be enough.

Finally, with success stories such as this one the clutter factor is going to come into play fairly quick. Soc-nets are where the guests are so they are certainly not a channel to be ignored. On the other hand, that channels’ ability to deliver “get rich quick” results will in all likelihood diminish as the level of noise and competition increases.

As we at AU like to say, “The internet… You can figure it out now. Or you can figure it out later. But you will have to figure it out.” No pain, no gain, eh?

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The definition of organic search is going to change

Great one… “I’m So Totally, Digitally Close To You” by Clive Thompson (The New York Times Magazine, 7 Sept 2008)

About three-quarters of the way in you’ll find:

“Laura Fitton, a social-media consultant who has become a minor celebrity on Twitter — she has more than 5,300 followers — recently discovered to her horror that her accountant had made an error in
filing last year’s taxes. She went to Twitter, wrote a tiny note explaining her problem, and within 10 minutes her online audience had provided leads to lawyers and better accountants. Fritton joked to me
that she no longer buys anything worth more than $50 without quickly checking it with her Twitter network.”

More and more often there’s a story about someone using their network cloud – so the same can be applied to Facebook to some extent – to solve a problem that prior to hyper-connectedness used to be solved by traditional search (e.g., Google). Granted, this could be one of the reasons why Google wants to exert influence on the cell phone market. Given that their biz model is built on search it makes sense that they are more than a little concerned. True there are already sites where one can post a question, and wait / hope for an answer. However, cloudsourced answer(s) can come almost instantly; from birds of your feather; and are probably more accurate and/or suitable.

The real story here… At this point, who needs Google?

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Targeting Search Engine Rankings

“Targeting Search Engine Rankings” by Jonathon Love from Internet Retailer (www.InternetRetailer.com) not only aims to shine some light on the stepchild of search (i.e., organic search,not paid search) but it actually stumbles upon something very interesting that inspired a letter from AU to Jon and IR.

Good morning Jon

Interesting article. Thanks.

However, the other important story here seems to be… How ineffective search engines are at delivering the expected results (i.e., Wikipedia would looks to be the #1 “retailer” based on this study). At the very least a side bar article discussing this “shocking” find would have been nice. Also, to round out the topic some insight in how to adjusting marketing and other efforts to get to customers before they resort to what appears to be random searching.

Finally, how about some talk on the coming decline of search as the first step in the shopping process? As soc-nets grow it would seem only natural that we humans do what we used to do, ask our “friends” for recommendations. So unless the search engines can make major improvements, answers to questions such as “Where can I buy…” are going to best answered in the crowd-cloud. (Yeah,  crowd-cloud, I said it first!)

Yes, there have been attempts at this (e.g., Yahoo! Answers) but none, that I know of, within the context of a MySpace, Facebook, Twitter, etc. Who needs Google when one’s Twitter followers can return the right answer faster?

Regards,

Mark Simchock
Chief Alchemist
Alchemy United
Princeton NJ

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