David Wesson's Digital Culture

We are living in exponential times !

Nothing like a great viral video 'did you know 3.0' to make you ponder the significance of it all- Just how fast is the rate of change happening today?
Years it took to reach a market audience of 50 million:
Radio - 38 years
TV - 13 years
The internet - 4 years
I-Pod - 3 years
Facebook - 2 years

Online Engagement Strategy–what’s yours?

According to the new Razorfish 2008 Consumer Experience Report consumer’s are adopting new technologies faster than industry pundits would have us believe but what struck a chord with me was their their thoughts about the distribution of content

“Distribution must evolve into a science, as reaching consumers in a fragmented, personalized environment Will become increasingly complex. ... “.

How do companies best prepare themselves in such a period of change and what content distribution model have you got in place with your brand?
Certainly the rapid rate of change is throwing up more questions then answers –just look at the ‘application economy’ we are now living in- According to Adonomics.com, in August 2008, there were 782,039,975 installs across 34,676 apps on Facebook, with over 200,000 developers currently evaluating the platform. According to Goldman Sachs 20 million applications will be downloaded from the new applications store in iTunes by the end of 2008.
Whilst the stats are mindboggling is it just a case of your brand engaging in the social media space by developing applications to extend your presence or perhaps adopting a more measured approach to make sure your messaging is consistent across these external properties?  

David Armano talks about this in his post ‘beyond the conversation’ –he said     

“Most organizations are moving toward an external presence that consists of multiple sites, microsites, banners, blogs—you name it.  Anything that gets "launched" ends up in the digital ether and is either maintained or neglected. Many of these properties interconnect and depend on one another.  Some come and go and some just litter the Web”

I therefore advocate that every brand company should have an ‘online engagement cycle ’ (see below figure developed by Network Communications) to help pioneer the new advantages that can be gained from social media.

Whilst the rate of change has not percolated down to Australia yet it is beginning to take shape and certainly companies at the very least should be looking at options in the space by monitoring by what is being said online about their brand.

In the meantime it is up to those companies and blogger who are actively engaged in the space to help, encourage ,be constructive and applaud efforts where appropriate. Unfortunately right now it seems easier to jump on a brand’s back because of the small amount of activity in the space and engender a ‘climate of fear’ where companies might be afraid to experiment for fear of retribution from the blogosphere. Agree or disagree?

In the meantime I for one will be listening intently to Rupert Murdoch’s next Boyer Lecture from The Sydney Opera House this Sunday entitled “who’s afraid of new technology“  will you be?

                                                              (C)Network communications Pty Ltd

Social Media ROI is be best measured through engagement

Measurement and “Return on Investment” is often the first question asked by marketers trying to introduce social media strategies. So when 93% of CEO’s in a recent media measurement and analysis survey said they were unhappy with their with the way their marketing managers were measuring their results you have to wonder what benchmarks they were using, what they knew about their audiences and what tools they are using and how this forms part of their overall marketing strategy.

The problem in most cases still s that people want to measure the same way they did for direct mail campaigns (”how many business reply cards did we get”).But this doesn’t work online. Traditional media people and investors, for example, are happy to spend cash on TV ads, or interruptive online ads, or print ads. Because they get them. They understand that they are to be broadcast and consumed by audiences. And they are part of the audiences that do the consuming. Those that you want to part with their cash are not part of those communities.

Social media on the other hand is an emerging and labour intensive skill and it’s unlikely to drive the same numbers as an SEO campaign. ROI can't come down to increased traffic. Traffic is just eyeballs - it's just the page impression number. ROI has to get closer to and be more comfortable with the smaller, but more important numbers, of engagement.
Engagement with a community means you contribute something to it. Youtube's audience is valuable in a page impresssion sense. Youtube's contributors (particularly those forming groups, commenting and uploading video) have a much higher per capita value for youtube. Engagement should be measured by actions. All the rest is passive consumption.
As Katie Paine points out “‘In order to truly measure ROI in social media you don’t need a computer that approximates how a human thinks — that’s not listening. There You need real humans, members of your audience, listening. You need people who can integrate the various monitoring and research tools, do the correlations, draw conclusions and make recommendations.’
For example she goes onto point out in her excellent downloadable paper “Measuring the ROI of social media” that measurement of your own social media program can be gauged in terms of
The no’s of unique visitors returning V new readers, links from other sites, page rank, Time spent on site, Popularity of content, traffic to site & sales.
However real value can be delivered when you analyse the bigger picture and realise social media engagement is just part of a inbound marketing strategy with a whole host of content that can be measured on its own merits that when analysed together highlights trends to help shape your company’s online marleting strategy as a whole.
Maybe social media will do away with the cold term ROI, and it will become ROE—return on engagement

In the meantime perhaps we can leave the traditional advertisers to Gary Vey Ner Chuck to sort out in these difficult economic times?

Social Media-Think Micro interactions Think Real time!

If I had to think of a slogan to define what social media means I would say “Think Micro interactions and think Real time” David Armano puts in it in context nicely by defining by Micro interactions from his presentation 'Micro Interactions in a 2.0 world' (below) as follows:
"We live in a world where the little things really do matter. Each encounter no matter how brief is an ‘micro interaction’ which makes a deposit or withdrawal from our rational and emotional subconscious .The sum of these interactions adds up how we feel about a particular product, brand or service. Little things. Feelings. They influence our everyday lives more then we realise."
I love the analogy used by Randy Pausch in his great presentation' The Last lecture 'regarding the $100k salt n peppershaker that he bought at Disney which was duly dropped and returned to the shop on the off chance they would replace to which they duly obliged. What sort of value can you place of great customer service like this? What a shining testament to the importance of 'micro interactions' .No matter how small any interaction customers have with your brand needs to be positive which will pay dividends.

Social media practices have also meant moving to engagement in 'real time' which if you stop to think for a moment we almost take for granted now. But to put things in context Think widgets, think mobile, think virtual worlds and think collaboration think conversation ecosystems like Twitter. These are all examples or real time engagement tools tailored to our increasingly individualised and more connected than ever before society. How else can we keep up with live events that unfold without tools like Twitter and Flickr to experience in real time the Olympic games in China with the threat of internet embargo being placed on Chinese websites?

Is it any wonder that 'citizen Journalism has just as much meaning in today's modern media? Never has been our thirst for information been so great and it will just become greater .All delivered in byte size chunks of text, images,video,and audio 24/7. In essence we are all information junkies. A product of the internet age. What does social media mean to you?

Micro-Interactions in a 2.0 World (v2)

view presentation (tags: web 2.0 experience design)

4 Simple Questions to highlight the Importance of Online & Viral marketing

Traditionally people talk about their products and provide information on a corporate website and quite frankly people are not interested.

A sure fire way to stress to anybody the importance of online marketing is to ask them the them the following questions:

1/In the last 2 months have you or anybody you know answered a direct mail advertisement?

2/In the last 2 months have you or anybody you know used mainstream media to answer a question or researched a product or service?

3/in the last 2 months Have you or anybody you know used Google or another search engine to answer a question or researched a product or service?

4/ In the last 2 months have you or anybody you know used social media or a peer to peer network like e-mail, IM or facebook, to answer a question or researched a product or service and the answer came back was a URL that you linked to?

Chances are that you would answer a resounding yes to using a search engine and yes to being referred by a friend to a product or service via URL via social media but possibly to mainstream media and doubtful to direct mail.

A statistic that is backed up wholeheartedly in a May 2008 Nielsen Online survey that said Eight out of ten respondents who had recently made consumer electronics purchases in a brick-and-mortar store said they had visited the store's Website first. More than one-half said they purchased from the retailer on whose Website they had spent the most time.'

Conclusion is that potential customers today most likely have already researched what your company's products on your websites. And is much further along in the sales process than you might think.

The spread of idea's through viral marketing by social media and peer to peer networks has quite simply the power to transform an ordinary everyday products like toilets into some thing cool which gets people talking and when David Meerman Scott showed the below video depicting a Swedish self cleaning toilet at a recent Podcamp keynote address to a room full of B2B marketers the penny dropped.

So next time a business colleague talks about the problems they have marketing their product tell them to watch this video and ask themselves what they cool thing can they do to get people talking about their product. Ordinary everyday items never looked so good!

The Swedish self cleaning toilet viral video sensation viewed 2 million times.