Doug Wick (BizDev)

[Okay, so Doug has been up to his eyeballs with RFP's, contracts and keeping his blogging hat on. So I'm going to include his most recent post on Powered as his entree of the week...]

Almost anyone who knows anything about interfacing with customers or prospective customers through the Networks (Facebook, Twitter, et al.) will tell you that you should start by listening.

So most marketers’ first step is to set up a monitoring tool (maybe expensive, maybe as simple as a free keyword search on Twitter). Then, the first experience that almost every media marketer (or marketer, period) has after listening to the Networks for a bit is that the brand, product, or company they are representing will be mentioned. When this happens (“just bought a Honda at Carmax, great experience!”), it will make a positive and socially important impression on everyone who views it. This is exciting because it is essentially a free media placement, a nugget of gold dropped into people’s news or Twitter feeds that didn’t cost you anything! This type of mention is often called “earned media,” earned because your company created a great customer experience that made someone tell their friends.


Jay MacIntosh (BizDev)

The Tribalization of Business Study (2009) by Deloitte and Beeline Labs.

Disclaimer: I don’t understand why anyone would refer to a group of people sharing an interest as tribes. I’ve always thought of tribes, similar to the clans of my Scottish background, as having to do with ancestry (i.e. people who came before us like forefathers/mothers). Do we really need to “dress-up” social media to get more people to pay attention to the significance of the online social phenomena? I guess so…

Anyhow, this recently released study from Deloitte paints a broad picture of where companies are at with their adoption of social media. As suspected, backed up by the conversations I’ve had with over 50 such companies the past several months, I’d say they’re at the preadolescent stage. Characterized by – beginning to care somewhat about if/how they fit in, have a rough idea of some goals, more focused on the future, beginning to care about how their appearance, etc.

I won’t go into the details (which you’ll get in the 10 minutes it takes you to look through the 28 slides), but here are a couple of the most interesting findings:

• It looks like only about 20% of these communities have members in the thousands.
• Approximately 60% of their company’s oldest community have been in existence for less than 1 year.
• Stated goals (i.e. what they want to achieve) and metrics (i.e. how they keep score) are out of whack.
• 45% plan to increase their investment in social media and online communities while only 6% plan to decrease investment.

Don Sedota (Product)

Good perspectives by Jeremiah Owyang
on the Google/Twitter/Bing deal announced earlier last week. Basically Google and Bing will now start incorporating URL tweets/re-tweets and the influence/reach of corresponding tweeters into search rankings (i.e., consumers now have a direct impact on search rankings).

His key takeaways include:

• Companies must focus even more on listening to make sure PR flare ups and the like on Twitter are quickly extinguished
• It’s becoming increasingly important for companies offer easy social sharing (e.g., via Twitter) for site content. (Also of note is that Facebook will be offering public status updates to Bing so sharing via FB/FBC becomes more valuable to companies from a search results perspective)
• Companies must continue to develop in-house influencers on Twitter in order to juice the search rankings of corresponding tweets (URLs)

How about you? Any good articles/posts/research to share? We’re always looking for fresh inspiration.