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August 31 2010
IMMAP: Paid Media Priming The Viral Pump
The average Asian spends more time on…?
- Brushing Their Teeth
- Having Sex
- On Yahoo!
- On MSN
I’m not an average Asian. Nor is Ken Mandel, but he sure does know a lot about the Asian market. You know, being the VP Advertising, Sales & Marketplace of Yahoo! APAC and all.
And all? Well, more than that. People keep telling me how they’d love doing what I’m doing. Look elsewhere: I’d like to be Ken when I grow old.
His Internet & Mobile Marketing Association of the Philippines Summit keynote was, well, extremely cool. Turtleneck-less Jobs-cool.
When he talks about digital trends, we listen. I listen. Age is only a matter of perspective, but since he likes to call himself a veteran, I’ll hand him that title easily. He’s got chuck loads of expertise to share. And seven trends.
No standardized measurement
How right can he be about that one. I keep talking metrics and tracking with people I meet (one cannot fully close a loop without measuring). But if I’m not on the same page with you, there’s no way we’ll agree on objectives, be it for a campaign or for social conversations measurement.
Ken made it very simple. A big fat popcorn cup contains 37 grams of …fat. What does it tell you? Not a lot. Can you picturize fat? Are you able to evaluate what it is or what it does to you?
Well, Ken revealed, it’s equivalent to a full breakfast: two sunny-side up eggs, two pieces of toast & bacon. Or to a Big Mac.
Oh yeah, suddenly I understand the nightmare. Now, I’m not a popcorn guy. And I’m on a constant diet -friends can attest to that one. I still eat Big Macs though. I get it. Holy cow.
Take that same cup and say it is a campaign return on investment (ROI). And say the 37 grams are 37 Gross Rating Points (GRP).
Same story. How do you match that with CPC, CPA or engagement rate?
Wouldn’t it be easier to have standard measurement. To easily translate into leads, conversions, sales & profit?
Ken nailed it. For all the metrics we’re using, most clients don’t care. They want business objectives aligned with business goals. We all need to talk the same language.
Paid media has sisters now
I loved that one. Absolutely loved it. You know, I’m not from a pure marketing/advertising background. All I ever dealt with were business objectives, getting things done in a word. So when I hear people drowning themselves into the difference of Earned, Paid and Owned media, I -sometimes- scoff.
Come on, do you really think customers care about this division? No they don’t. Ken said it better than I ever could -I’m not as cool, ya know ;-)
No consumer is interested in the difference between earned, paid and owned media. It’s just media.
Get a grip, mix the three and see what works. I know what I’m saying doesn’t sound very scientific. Flame me. At the end though, it’s a trial-and-error industry. It’s an art surrounded by non-standardized metrics and bloody business objectives.
The advertising ROI is coming from a mix of these earned, paid and owned media. Yes, of course, Ken has an ad industry background and works for a major online portal, he wouldn’t dismiss what brings revenue, but he’s right. Think about it.
A good example? Ikea.
Consumers surf the stream
Oh boy, another guy who’s into surfing.
Ride the wave, not the board
➡ Jeremiah Owyang (quoting Duke Kahanamoku)
I suck at surfing. You might too. But it’s easy to understand: do not think social as a destination. It’s a dimension, for C’s sake! It’s everywhere around you. People are everywhere online. Know where they hang out, but don’t expect them to follow one pre-defined road.
Those who get that right will have success. The other will stay “social media ninjas” or old-farty advertisers.
You wanna lead those customers towards you? Be contextual, be a curator. Listen, they will listen back. Engage. They will engage back. They’ll know who you are.
In other words, customers might have ADD, the famous attention-deficit disorder, but if they don’t see your products through their streams, you’ve got a PDD, a profit-deficit disorder, most commonly known as the IDSD, I don’t sell sh*t disorder.
Digital flattens the funnel
This is very close to my definition of the Inception Loop -more on that in a later post.
There are no more clear steps. Awareness. Consideration. Purchase. They’re all in a cyclone. An extremely fast cyclone.
From awareness to purchase, it might take me under a minute on the web. I’ve got Twitter to hear about a new product. I’ve got reviews to judge it. I’ve got friends to vouch for it -or recommend it through Facebook Likes for instance. I’ve got information galore to learn about it. I’ve got portals to buy it.
And it’s real-time. It’s fast. The consumer purchase decision-making process becomes a hell lot faster. Be in the loop. Be in my loop. Or I’ll disregard you.
Imagine how impactful this is on brand management. The nice graphics or the funnels and all steps leading to a sale cannot be nicely schematically represented to your clients/boards/whoever-who-pays-the-bills anymore.
It’s unsettling. When surfing, you might fall. But you get up and surf again. And again. Fail fast, learn fast. No whiteboard planning will teach you that.
Mixing analog & digital
For those who stay in front of their screens, get out a bit. Not to get some Sun -well, it’s proven to do you good-, but to be analog for a while.
People keep asking me how I was able to create a network of cool people around me in such a short time. The answer is not Twitter. The answer is I went out and met them. I freaking spent hours traveling, whatever buck I could spare on paying for my own trips & full-price conference tickets. I still do that to this day. I go out. I see people.
Same for brands. Go out and play. Go meet your customers. Digital will never replace analog. Not in our lifetime anyway.
It can be with a simple gimmick, like the one Ken showed. Unilever partnered with Sapient Nitro to create a fun vending machine. One that will treat you with an ice cream if you made a great smile in front of it. And your pictures did go on Facebook, obviously (I’ll take smiles over those MySpace self-portraits any day). How would my 27″ iMac ever deliver me an ice-cream? Gotta go out
Now, I know a bit about vending machines. Well, I’ve seen plenty. Living in Japan and all, you know. Go to Shinagawa station and find those equipped 47″ OLED flat screens. Cool, heh?1
Now, the real feat here is the facial recognition software. The machine will actually suggest you drinks according to a database of stats (demographics mainly).
Male, 34, 6″5, bald. Will it recognize me as a Swiss and offer me some chocolate-based drink or as a Greek and recommend me some Ouzo?
It’s the internet of things. Machines do communicate data and play with you. The experience is not only behind your screen. It’s all around you.
LSC
Doubt this mixes well with LSD. Ken might know better. Location + Social + Commerce.
It’s been since SXSW that I’m hearing the first one. Location. Location. Location. Location. Location.
I might not be convinced of the road some location-based services (LBS) are taking on now, but this trend has legs.
The one who closes the purchase loop wins.
➡ Ken Mandel
Indeed! I don’t know which form it will take, but it will be:
Contextual. Fun. Simple. Real-time. Relevant. Predictive. Mobile
And you and your friends will be its fuel2.
In terms of campaigns, if you haven’t experienced an iAd, Ken is right, wait for it. It’s quite amazing. Makes you bow to Steve Jobs on stage in front of hundreds of people type of cool!3
Foursquare mayorships, barcode readers applications linked to a purchase call-to-action (Japan is big on QR for instance) or Dentsu’s iButterfly.
Mobile LBS + LSC indeed.
Branded Engagement
Social media is not a world in itself. We don’t call it social for nothing. People talk everything and nothing -I do a lot of nothing and chocolate myself. And people talk about campaigns when they’re great.
I mean, just look at the noise the Old Spice campaign did! Great ads4. The conversation was not sparked out of thin air. There was strategy. Investment. Work. And success at the end. Viral was only a result.
Or, as Obi-Wan said on stage:
Paid media priming the viral pump
Hell yeah.
IMMAP coverage: Paid Media Priming The Viral Pump Maria Ressa And Your Heroes Going Social With Your Brand The Corporate Culture Of Social Flickr photos
- Well, those who just said yes are just geeks: “freaking cool, a plasma screen on my vending machine, a big leap forward for mankind“.
- That was the topic of an presentation of mine last April, if you care to take a look.
- “STEVE KNOWS BEST” reacting to his own iPhone dissing in Media Magazine early ’07 LOL
- great abs too, girls, I know….
August 30 2010
IMMAP: Maria Ressa And Your Heroes
Today is Araw ng mga Bayani in the Philippines. The National Heroes’ Day.
Unbeknownst to many, Ἡρώ -Hero- was actually a woman. Her lover, Λέανδρος -Leandros- would swim every night across the strait to be with her, guided by a lamp she would light on at dusk.
Hero was not the one who swam through dark waters. Hero was the guiding light. She was the one who showed him the way.
We’re all Leandroses, we need heroes. We need φῶς, that which gives light.
Not for the grandioseness of worshipping the past. Not to be forced in any predefined channeled life. But to be to have our smiles lit up. To be inspired. Challenged.
Maria
Maria Ressa is an inspiring figure. I had been impressed by her talk at the Social Networking Conference this past April in Manila, but, this time, she did more to me. She lit me up.
Her talk at the Internet & Mobile Marketing Association of the Philippines Summit was nothing short of impressive. Not because of its delivery only, but because of its tone.
Social media is transforming us. We all become media. For the best and the worst. As a journalist -and manager-, she’s on the forefront of this shift. While brands may look for new ways of engaging with customers, while they try to monetize these new channels, the passion is not always in their camp. It can’t.
The Real Passion Of The People
I mean, I love brands. I can be passionate about some -Apple haters, start flaming me now-. But is it even considerate to compare a passion for a brand to a passion for your country? To a changing society? To the future of next generations?
I don’t have to answer that one, but I will: no, it can’t be compared. The transforming effect of social technologies, its impact on people, on politics -as better defined by res publica, republic, the latin for the public realm- and on the culture is far deeper that the one brands will experience.
Did I just say that? Yes, I did. And I tell brands I work with. In order to understand the social web, they need to understand the people. The people and their culture. This is where the tectonic shifts are happening, the commercial aspects of it only being an aftershock.
Journalists 2.0
I was lucky enough to sit with Maria, along with Jeremiah Owyang, at her ABS-CBN News office the day before her keynote address.
Yellow painted walls for hope, Larry King calendar for scheduling, a calm posed voice for a passion.
She told us, along with Glenda M. Gloria, ANC’s CEO, how the channel -a real media conglomerate- was adapting to this new chapter for journalism. Adapting is not the word. Testing the waters is more likely. That’s what I liked. For all the hoopla about social media “expertise”, we’re all testing its outcomes and trying to figure out best practices. We might sometimes be critical of journalists -I have- for some show poor adaptation skills, but, hell, it’s unsettling.
ABS-CBN has to be recognized for trying. Testing, failing, learning, reshaping, testing again. The Fail Fast theorem.
Yup, all journalists use Twitter (gotta love my friend TJ, their early adopter), although Maria admits that some needed to be pushed more than others. The breaking news policy is clear for it is short. Common sense seems to be the basis for most that the channel is trying. Best policy indeed. But journalists using online media is not what I want to talk about here1.
There are two initiatives I want to focus on. Read on.
Citizen Journalism
First is the ABS-CBN Citizen Journalism initiative started as early as 2005 (!) with Citizen Patrol. Through various iterations, it became what it is today. A citizen feedback loop.
Last year, just as I was closing my Philippines chapter -I had lived there for 8 months- the news of the Maguindanao Massacre slapped me in the face. There I was, in Disneyland -Makati City, the hypercentre of Metro Manila- listening about a local political feud that ended up with 57 people butchered.
This is not the kind of news you often get when sitting in a Geneva or Tokyo office. This is the kind of news that revulses you. That puts you on the edge. It did put me on the edge. And here I am, months later, sitting with Maria telling about how the channel deciphered the bits of news getting in on that November 23. Gripping.
Citizen journalism is reshaping the world of journalists. People are media. Through the proxy of their phones. With video. With camera. With text only sometimes. But they report. They send information around. And ABS-CBN channels it. Becomes that guiding light. Tell them what to do with it so that it gets amplified. Curates it.
The channel has more than 75,000 so-called patrollers, or citizen journalists2. A real community. More than 20,000 on Twitter, almost 4,000 on the BMPM micro-site. Around 3,500 on Multiply3. Roughly 25 emails, 130 voicemails and 40 texts are left per day.
This website is a collection of news stories submitted by Boto Patrollers. The stories are not edited, fact-checked or verified, unless marked otherwise.
And more than 110,000 on Facebook. Up to 400% more engaged apparently.
Now, imagine getting the first picture of the massacre through these channels. What do you do with it? How do you verifiy the information? All journalists on the ground are dead. What a responsibility.
What a learning curve too. This is the forefront of social media.
Citizen Feedback Loop
The Philippines has a history of early adopter syndrome -a mix of culture & emerging market factor maybe. Do you think American Idol was the first asking to text in votes? Think Philippines. 14 years ago.
And still today: last March, the Vice-Presidential debate -Harapan- added a citizen feedback to its format.
It might sound crazy to some -I used to be a lobbyist, I know about pre-formatted debates-, but what a result in terms of feedback. Not only did #Harapan trend on Twitter that night at number 6, but there were almost 10,000 comments on the online chat, almost 9,000 tweets (at 27 tweets per minute) and 2,300 posts on the Facebook Event page4.
Now, Pinoys can be very vocal politically online. I always found that striking compared to the reserve they always had about the topic in front of me -then again, I’m just a foreigner. Using this passionate feedback loop to scrutinize candidates live? That must have been something.
The usual polls were not fast enough. ABS-CBN had all the cards live5.
Again, this is the forefront of social media.
Be Inspired
So, why am I telling you all this, besides the impact it had on me? Journalism is at the front of passion. It deals with our lives much more than brands do.
Journalism is also one of the first industry that is being completely reshaped by social media. Shaping the citizen feedback loop is key. The customer feedback loop that brand marketers seek to understand will be very close to it.
Learn from journalists. They know how people become empowered through new technologies.
You are powerful. You will make a difference.
➡ Maria Ressa
When Leandros died, submerged by heavy waters, Hero jumped in the strait and drowned.
Don’t let anyone drown. You all can be heroes.
- I’ve done that here
- all the following numbers are mostly from memory only, feel free to correct me in the comments
- that community platform stays very popular in the Philippines, even if dwindling now
- I don’t have the numbers for the second debate in April, I think it did trend at number 5 on Twitter though
- they added WARS, Wireless Audience Response System, in the mix, giving an approve/disapprove box to 180 selected citizens in the country to constantly vote on the candidates’ performance
August 29 2010
August 28 2010
August 23 2010
IMMAP: Going Social With Your Brand
After my talk at the more exclusive workshop, things took a different scale for the Internet & Mobile Marketing Summit 2010 on Thursday.
It’s only my second time at this conference and I must say I was really impressed by how it improved in a year. I’ll do a summary in a next article when I wrap things up about thess 10 days in the Philippines, but I need to stress from the get go that you’ve got a world-class event here. Better than conferences I attend in more traditional cities like Singapore for instance.
My task on that day was to participate in a panel about how brands can become social. I was sided with George Foo, the Founder and CEO of iHub media, the Facebook Official Sales Partner for South East Asia, South Korea, Japan & Taiwan and Frederic Levy, #3 of Netbooster Asia, a subsidiary of the French digital agency, headquartered here in Manila. Good mix: a platform, an agency and a business consultant.
In a society where women have such an importance1 what a relief to see one moderating the panel: Crisela Magpayo-Cervantes, the head of ABS-CBN Interactive, the biggest multi-media conglomerate and TV broadcaster in the Philippines.
Whew. Lots of great minds around me. Let’s take a notepad and my favorite Mont-Blanc ballpoint pen which never leaves my side.2
The panel took cues on what Jeremiah Owyang, Maria Ressa and other speakers presented before us and built upon it, in a slightly more interactive way (hey, we’re talking social, right?), the public being able to ask questions and get varied answers from three cool guys.
Interactive is not social
Is social good for all brands? That was the first question.
My starting point, which is kind of becoming a motto now, is that interactive is not social. These are two different approaches. In interactive, there’s a people to machine and machine to people interaction, while social is a people to people platform -I sometimes call that C2C in the pure business sense.
The dynamics are different. I think it is key to understand this, especially with many agencies in the audience. Campaigns and discussions are linked, one can empower the second, but while campaigns tend to limit themselves in time, people go on with their lives and have on-going conversations -including those about products and companies.
It’s no different here in the Philippines than elsewhere.
The Philippines social numbers
With the staggering 79% YOY growth, reaching the 17m mark, the Philippines now stands as the 7th biggest Facebook market in the world in terms of active users. Up to last September, Friendster was still the top social networking platform here and seems to be going down the drain everywhere else in South East Asia too -it’s former last stronghold.
Extrapolating on the recent ComScore numbers, Twitter is reaching 2m users here, the 6th biggest Twitter market worldwide with a reach of almost 15%. Not bad. Not bad at all -and again, what a striking difference from the time I was living here when Plurk was leading.
Interestingly enough, while mobile data is still limited in the country, AdMob ranks it 10th for mobile usage [pdf], based on ad requests. Add to the mix that it is the texting capital of the world -I’d say over 1.5bn SMS with a subscriber base of slighlty over 50m- and you’ve got a pretty interesting picture: social networking + mobile = traction.
Now, the most important numbers, in terms of social strategy, are still lacking in the Philippines: What are people exactly doing online.
How long, where, when, how? Which demographics is where? What are they doing? Social games like Farmville -hint, they tend to drive a big female demographic? Are they on Tumblr? Are they active during the week and not the weekend? One needs to survey the market with all those questions. The absence of these more ingrained numbers limit the creation of valid strategies for brands here.
I’m sure that, by this time next year, those will have appeared on the market, though. It’s an absolute certainty. Jeremiah hit the nail multiple times.
Research, Strategy, Preparation
Coming back to brand strategy, going social is first about knowing where your customers and prospects are & what they do. It’s fashionable to open Facebook Pages, Twitter accounts, but it is often done without doing research, without preparation. This is step two after intent. Research, strategy and preparation.
To quote myself: “there’s no such thing as a Facebook strategy, only business strategies”
The lack of deep demographics and online behaviors -the point I just made above- is limiting the research. But Filipinos brands haven’t waited, obviously.
In all cases, lack of strategy creates more problem than it solves. A very simple example: my airline of choice, Emirates. I don’t have any insider information on their strategy -or lack thereof- but opening a Twitter account then abrubtely stopping it (last tweet was on Jan 6th) shows a lack of long term planning.
On the other hand, look at Air France, the airline I used to fly the most when I was a resident in Tokyo, which offers great customer support through its social tools. When, as a customer, I was reacting on Twitter to the fact that my miles card didn’t get accepted in one Singapore hotel, they went as far as sending me an email within 24 hours, explaining them the differences in hotel miles rewards across continents. They couldn’t send me a direct message on Twitter -one needs to follow an account to get those direct engagement-, so they went and looked my email up in their database. Good stuff!
Nice for Emirates that I only have good things to say about them. Imagine the contrary. No one would have reacted. This is how stories like the Montrin Moms against a brand go in overdrive.
Negative comments are usually an overblown matter. I estimate they don’t surpass 20% of the comments -or reviews of a product. They act as validation for the positive ones -is there such a company or product that really gets 100% of satisfaction rates? Dream on-.
More importantly, and this is a motto of mine, by humanizing your brand, since going social is a people to people business, forgiveness is higher.
We, humans, do forgive others for their mistakes -unless too grave or repeated. I don’t want to forgive a machine or a brand. I don’t care. But I can forgive a humanized brand. Negativity is soothed by this process -unless you really have a crappy product, that is.
Training
Preparation does also mean not giving these social tools to the new hire, just because he’s young and Facebook is a “teen thing” or whatever. First, it’s not a “teen thing”. Second, it leads to the Nestle brandjacking debacle, where the employee, while maybe not a new hire, had no clue about crisis management. You don’t say to people to shut up. Imagine Nestle telling you to shut up. This is not communication on a professional level. Lack of training which led to a backlash against Nestle that got the world headlines.
Social media is a serious matter. It’s a job. With skills, both soft -empathy, sensibility- and hard -crisis handling being one. It requires both carefully choosing the pool of talent that will represent you online, but also training them on a on-going basis, while offering support (the Nestle Facebook page employee could have gone and ask what to do about it -he might have, again, I don’t have the specifics).
That, with the previous point, answers one of the question Crisela asked us: how to minimize the risks of social media.
Fred made an essential point there: life comes with risks. I’d add: deal with it. But I’ll advise: prepare yourself (with the risk of repeating myself).
This also applies in the choice of community managers, probably one of the most sought-after profile companies will get for in the coming years. Chose carefully. Pick a good listener. Think diplomacy.
Social Media doesn’t scale
Social media doesn’t scale. Repeat that in your head. Do that again, repeat it. Churn on it. You will never be able to follow the amount of conversations -including criticisms that need attention- especially with the high growth rate of social platforms adoption. You need tools to monitor, prioritize and group. Social CRM, in analysts’ talk.
Whether you’re a small company or a big corporation, this is tantamount. This requires investment. People’s investment. Money investment. You cannot escape this.
This would require a full analysis by itself. It was a 45 minutes panel -and I tried not to keep talking at the expense of my two great co-panelists-, I only touched the surface.
I however quickly mentioned the Apple case. Besides an App Store Facebook page, the Cupertino company seems absent on the social networking platform. Really?
Do you really think Apple is not listening the online chatter? Do you really believe Apple reacted to the recent antenna-gate issue because some big newspapers started talking about it. Apple listens. You can listen without being present. That’s your choice. Not always a wise one, but in case of Apple, they addressed the mounting complaints with a official press event. They were listening.
Being social is about being a good listener first. Not about babble skills.
Feedback loop
Listening with the appropriate social tools also allows a brand to measure the success or failure of a campaign. And it’s immediate. The campaign can be refocused -let’s say on the part that click with people, abandoning what doesn’t resonate. Quickly.
Use the feedback loop to full effect.
Listen, measure, track, rinse. And restart.
Use what people are telling you to get better, to evolve. Whether it is during a campaign or not.
Interactive can become social
Ken Mandel, head of Yahoo! South East Asia, said it best during his keynote: “paid media priming the viral pump”. Yes, an interactive campaign can generate conversations -and great ones. This is why I talked about interactive and social in terms two different approaches: they are still part still of an ecosystem. This was a main point in my keynote on day two, I’ll write about it on a subsequent post.
Going Agency or not?
This question comes a lot when I talk to clients. Coca-Cola is using an agency to run its Twitter, so it’s not something only small companies do because they don’t have the right staffing. The advantage, as my presentation on the corporate impact of social pointed out, is the professionalism. The disadvantage is the disconnect.
An agency, when it comes to listening and engaging in conversations, is not as passionate as you. It’s, at least, difficult that it will reach the level of knowledge you have for the brand that you do. Moreso the passion that you do have as you can imagine. Agencies are still, for the most part, in a broadcast culture, not in this C2C world I’ve mentioned. Beware. Only a handful of agencies understand this.
A very small amount compared to the massive presence of “social media experts” -you can replace that last word with gurus, rockstars, etc.- and to phony agencies -adding a social page to an existing agency website is easy, even famous ones do.
Be sure you get an agency that knows what it’s talking about. It should have done its homework. It should have deployed -it’s so easy to fake the appearance of seriousness and expertise.
Ask for credentials. Be social: ask around you. Why not create a Filipino website with reviews of agencies, that’s surely a good opportunity for someone!
I’m sure I’m missing lots of what has been said during these intense 45 minutes. I hope I gave you a good overview though.
More to come about this IMMAP experience in the days to come.
- this is actually something I realized when I was living here last year, impressive, I love it
- thanks to Leah Valle for the nice pics
August 18 2010
IMMAP: The Corporate Culture of Social
Here’s my presentation from this morning Social Strategy Seminar-Workshop in Manila.1
Like last time in the Philippines, this is a new presentation. I like the audience here, they help me reshape my thoughts with their feedback. I need to make some adjustments to its dynamic, but the core is there.
I took the audience for a tour at my experience in management issues that arise with the integration of social technologies into corporations.
Organizational Culture Shift
The new interaction between the brand, the employees -the internal assets-, the existing base of customers -the external assets- & the potential customers, seen a as rings in expansion -rings of trust expansion-, is shaking the organizational roots of companies.
I’ve seen it happening in front of my eyes: power struggles between departments, executives being wary of employees’ empowerment, absence of strategy -from target definition to clear objectives- in the hastiness to jump on the social bandwagon, lack of expertise leading to social fallouts.
Clear strategic objectives and being advocates of internal change to succeed are factors maximizing the opportunities -and monetization- of social media.
From Anarchy to Participative Democracy
Most of the organizations I’m consulting with are still at a pre-socialization stage, where testing out means authenticity flies high, but where the experience for the customer can suffer a lot, not mentioning the absence of readability for executives steering the company’s strategy. I called that -bluntly- Anarchy.
The Protectorate -a UN Mandate of sorts- solution, to keep my political system analogy, by outsourcing social media handling to agencies is worth a look but the disconnect between the reality of a company and the message of an external body is often clear and hard to consolidate.
The Central Planning route offers constitency but doesn’t really take the various needs of various departments, social technologies being very different if used for customer support, talent scout or direct sales for instance.
Democracy is a model that remains costly, but certainly the one that offers an excellent balance without the need of total overhaul of the organization. Participative democracy, like the one I enjoy as a Swiss citizen, requires such a DNA reprogramming that I don’t think it will be achieved by most. Only newly-created companies built on that baseline -think Zappos- or small enterprises organizations can currently hope to get to that stage.
You know, Switzerland is still the only country in the world with a wide direct voting system. Hard to replicate indeed.
Evolution of Trust and Control
I also propose that trust and control can be correlated in their evolution. The term ‘brand’ still evokes a culture of ownership, thus a trust more limited than if relayed by -less controllable- employees and customers, who might not be controllable but who can increase loyalty -trust equity- towards prospects.
From the inner circle to the outer ever-expanding ones. In fluid dynamics talk, a ripple.
A ripple towards a bigger customer base. More sales. More revenues.
Interactive is Not Social
The creed of all this? Use the fast feedback loop that social media brings into the equation. Monetization of the opportunities of social marketing comes at this realization.
And with people being the field of that expansion, C2C -even for B2B companies- is playing a key element of this foundation.
C2C. Consumer to consumer. People to people. Human to human. Interactive is not social, be warned.
Digital Brand Health
Before my talk, Dr. Donald Patrick Lim2, ex-Yehey recently hired by MRM, shared a very interesting take on social capital. Using a financial output comparison, he proposed a new Digital Brand Health framework.
Finance wording:
Digital wording:
He assesses that by looking into components of online brand presence, one can derive the total health of the brand. This baseline become the pulse used for diagnostics and corrective measures.
Smart. I’ll comment the framework in another post. Hope Donald puts his presentation online for you to see, it’s worth it.
Socialgraphics
Jeremiah Owyang, whom I brought in my bags for his first visit here, ran his famous workshop of developing a social strategy. I’m sure he’s going to post this new presentation on his Slideshare soon, so let it just be said that he accompanied us on a fascinating journey from socialgraphics -the demographics and social technologies usage of your target- to ROI calculation case studies.
This presentation is the best I’ve heard from him yet. He’s stepping up his game every time. Impressive stuff. He has also mastered his on-stage persona. Call me lucky for having him as a friend.
Negativity is overblown
During the Q&A, Jack Madrid, GM Yahoo! Philippines whom I finally met in person after all this time conversing online, had a very sharp question on dealing with negativity.
I support the view that negative mentions are overblown in the eyes of many, meaning that they’re not as widespread as one would want to believe. They also allow for benchmarking. I will never believe that any product has no flaws. Negative reviews help me value the positive comments.
Now, product is the new marketing. Companies have thus to undertake self-inquisition journey to evaluates their offering -and themselves-, then only choose the right providers & consultants and train their staff appropriately.
By humanizing, brands also grab the added benefit of getting a more forgiving audience. Humans do forgive humans. Humans do mistakes. Brands are faceless.
In that regard, the Nestle debacle is proof, in my eyes, of poor foresight from the Swiss-based corporation. Crisis management know-how & processes are crucial on the real-time web.
Interestingly enough, I didn’t hear any of the attendees telling us how the loss of ownership bothered them during that Q&A. I usually get that a lot from executives. Didn’t they dare to?
The event, catered to C-level corporate people and marketing executives, was organized by IMMAP & Fiera de Manila at the exclusive Tower Club in Makati. Thanks to Leah, Nix, Norelyn and team for a fantastic event. I was honored to be sided with such great analysts like Jeremiah and Donald.
Note that Jeremiah will keynote tomorrow’s 4th IMMAP Summit (9.15am PHT), followed by the fascinating Maria Ressa, whom we had the chance to meet at ABS-CBN Studio 6 earlier this afternoon in Quezon City.
I’ll participate on a panel, ‘Going Social with your Brand’ moderated by Crisela Cervantes, head of ABS-CBN Interactive, at 4pm PHT. At 5.30pm, I will join Jeremiah on a live webcast hosted by the excellent TJ Manotoc.
My keynote on Social Listening & Earned Media is scheduled on Friday around 2pm.
- yeah, I know, it’s in Flash, anathema for an iPad user like me.
- and not David as I mistakenly wrote on my Twitter, Jeremiah calling him Patrick, TJ making fun of us in the process LOL
Maybe Soup is currently being updated? I'll try again automatically in a few seconds...
