Social Networking

February 11, 2009

Social network advertising...my ambivalence is showing

Before I delve into this post, I should mention that, in my previous post I used the term "social media advertising," when, in actuality, it is better stated "social network advertising." Thus, I refer to it here in that manner.

ManHoldingQuestionMarkSmallCroppedIf you're a fan of advertising, raise your hand. Come on, raise em high. Anyone?

In my last post, I raised the question of what the new advertising model for social media (er...networks) will be. In this post I want to express my ambivalence over the viability of advertising in general, especially in its relationship to social networks.

As you will soon plainly see, I have a love/hate relationship with it (maybe "love" is too strong a word; hate, too, for that matter... "disdain" might be more accurate).

Oops, my ambivalence is showing

Even though I run some banner ads in the lower right-hand column of this blog, the fact that I run them in the lower r-h column tells you I'm ambivalent about running them at all! (That's not counting the Kindle 2 ad. I'm hoping to make some quick cash off of it. Hence, higher placement, but we'll see.)

It's not that I'm ambivalent about the products themselves. In fact, I feel strongly about everyone of them, and have used most of them too. I even created a page called Recommended Resources which contains those and other products I hold in high regard. 

It's just that advertising is interruptive, and I hate interrupting anyone for any reason, least of all to view an ad. It's not in my nature. I'm hoping someone will just "happen" to see them and sort of be "led" to click on one. (Lame, I know.)

It's Seth Godin's fault

Ever since Seth Godin wrote the book Permission Marketing a decade ago, I've pretty much sidelined advertising as a viable option, which may explain my ambivalence to run ads on this site. If you want to talk to me, ask my permission, don't just stick an ad in my face. Once I grant it, we can have a conversation and you can advertise to me all you want. 

The exception to this (for me at least) are pay-per-click ads. I'm okay with those since I'm searching for information anyway. But, only in search, mind you, not otherwise. 

Advertising in social networks

Let's cycle around to social networks. If people visit a social network for the purpose of interacting with friends and followers, doesn't it seem imprudent (not to mention impolite) to embed an ad in the sidebar, or, worse, in the conversation stream? 

I rue the day when we see them in our twitterstream, though I don't think it will take long for us to become blind to them. Either that, or ditch Twitter altogether in favor of a less offensive option. 

Observations about social network advertising

Click-thru rates are abysmally low, anywhere from .003 to .011. While CPMs are low as well, it takes more impressions to generate anywhere near substantial activity. 

Buddy Media CEO Michael Lazerow said in a comment to a post on social network advertising at Marketing Pilgrim that, "At Buddy Media we believe the branded application...will be the new ad unit." 

That same post remarked about a study done by Razorfish which said, "Content, in our view, will become advertising." 

That reminded me of something Dave Winer said, "When they finish the process of better and better targeted advertising, that's when the whole idea of advertising will go poof, will disappear. If it's perfectly targeted, it isn't advertising, it's information."

A new company set to launch in Q2, uVizz, says it will solve the social network advertising dilemma once and for all. The company is not yet revealing what it has up its sleeve though. 

The virtual general store

I favor a comment made by Wayne Hurlbert in our recent Blog Talk Radio podcast. He likened social networks to the old general store, which was much more than a place to purchase goods, but a gathering place, a watering hole, a community center where news, information and gossip was shared among neighbors (and sometimes about them). 

I wonder if there's a way to recreate that environment via virtual social networks and online communities. Have the goods and services nearby and handy for when people need them, but don't put an ad in the middle of the checker board.

Reflecting on that idea, I wonder if niche social networks aren't the way to go. You offer only those products and services you know will appeal to the community because you are a part of it. 

For example, one of my Twitter friends, Marek Eby () is a huge fan of paleontology, so much so that he's created his own community around the topic, including a store. Since only those who are interested in the paleontology would be routine visitors, it stands to reason they won't be put off by relevant advertising. In fact, they may consider it a value-add.

Another great example is the Womens Wisdom Network, started by my friend Terri Murphy. It's a place for businesswomen to gather to discuss whatever businesswomen discuss. There is a book store associated with the site, along with some other resources, but it is tangential. Community comes first.

Now, I think THAT is a social network advertising model worth emulating! 

Conclusion

One thing is absolutely certain -- advertising in one form or the other will always be with us. We may call it content, app-vertisements, or something else, but it will be here. The trick, then, is to make it as unobtrusive as possible, even welcome. 

It is also certain that there will be continued experimentation with social network advertising models until we find one (or more) that resonate with the community. In the meantime, those of us who frequent social networks will have to become used to the Frankensteinian monstors that pass for such models. 

Be patient though. If Facebook Beacon taught us anything, they won't be around for long before another takes their place. Over time, it will get better. It has to. Money is at stake.  

February 05, 2009

Social network profile creation, best 15 minutes you could spend

Fast-Company-Logo_350x92-tm 

Bizzuka recently brought on a new agency partner, Daniels-Brown Communications. In an interview with the owner, Stephen Daniels-Brown, I asked how they came to find us given that they're located in northwest Washington state and we're in southern Louisiana. 

I assumed his answer would be that they found us via search. I was hoping so, in fact, as we've spent quite a bit of time trying to generate favorable SERPs. However, his reply was unexpected and one that left me pleasantly surprised. It turns out, he found us at a site they frequent, Fast Company, via a profile I created over a year ago. 

I can't even recall what prompted me to set up a profile there, but it probably took all of 10-15 minutes and I'm almost certain I haven't visited the profile since. 

What lesson(s) can be learned from this? 

You never know where leads might come from. 
For example, I have profiles on a number of marketing-related Ning socnets that I rarely frequent, TheSWOM, Marketing 2.0, and InSocialMedia. While I genuinely wish I could be more proactive on each, at least I have a presence there. If you use the Fast Company case as an example, you never know when one of those might return the favor. 

It lends a sense of ubiquity.  
Regarding my presence in social media a friend recently said, "You're everywhere!" I think there's something that can be said for that. Pehaps that it implies credibility? Social network profiling give you the ability to be everywhere at once. 

Search engines include them in blended search returns.
One reason that may take precedent over any other is that search engines include social network profiles in SERPs. A search on the term includes results from Facebook, LinkedIn, BusinessWeek, Practical Ecommerce, AboutUs and a number of others. 

What actionable steps could you take?

Two come to mind:
  • Ceate a personal profile on social networks where it makes sense. Again, you never know where business may come from.

  • Create business profiles on social networks, directories and wikis. That includes sites such as Business.com, AboutUs.org, Best of the Web, Wikipedia (good luck) and Google Knol. Find vertically-related networks and directories and create profiles there as well.
The absolute best case scenario is creating a profile on sites where you can be an active participant. Short of that, you can at least have a presence via your profile. Showing up is half the battle afterall. 

What advice might you give regarding profile creation? Are there additional business-centric social networks, directories and wikis you suggest? 

February 02, 2009

Interview with Shashi Bellamkonda regarding Network Solutions' response to GoDaddy ad debacle

9407ba9e-dd67-43ba-9830-906b433fcf22Shashi Bellamkonda SEO 2007 I had the opportunity to do a quick phone chat with , Network Solutions' "Swami of Social Media," earlier today to get his reactions to the GoDaddy Superbowl 2009 ad debaucle. 

My intent was not to sensationalize or stir up controversy, but to try and view this issue through Shashi's eyes as well as to see what lessons could be learned and best practices gleaned. 

To give you some background, GoDaddy rolled out their usual tasteless, cheap, tawdry, tittilating, sexist, demeaning to women, <insert adjective of your choosing> ads, which featured Indycar driver Danica Patrick and other females showing off certain parts of their anatomy. (BTW, Patrick is an Indycar driver, not NASCAR driver.) A few years ago, it had shock value... you know, the first time they tried it... but, now, not so much.  

In fact, what it did was unleash a groundswell of negative sentiment within the social media sphere, namely Twitter. (Mack Collier did a pithy synopsis that I think best sums up the prevailing attitude, so I'd ask you to visit his post to learn more.)

Seeing Shashi on Twitter, I and a number of others (, and to name a few) suggested he to encourage people to transfer their domain to NetSol. Apparently, lots of people are taking him up on the offer too. 

2009-02-02_1315

To be clear, Shashi didn't "opportunize" this of his own accord. He responded to requests and suggestions being made by others he knew and respected. Not saying there's anything wrong with seizing an opportunity, mind you, which is why I suggested he do so. 

In response Shashi created a for anyone wanting to transfer. 

2009-02-02_1320

Then, he waited and watched to see if the groundswell would respond in his favor, and it did. The post got retweeted numerous times (see ). Shashi's hope was that, rather than him tweeting about it, others would do so on his behalf and that hope seemed to be realized. 

Not only that, mentions of Network Solutions, which average between 6,000 - 7,000 per month normally, went up 10 fold, according to Shashi. 

Now, if you're a small business, you can pretty much do these types of things at a moment's notice. Not so if you're Network Solutions. 

Shashi had to alert his customer support and call center staff as to what was going on. Imagine the left hand not knowing what the right hand was doing? Happens all too often in online vs. offline world. Shashi made sure that base was covered. 

There's something else he did that I appreciate. He didn't trash the competition just to drive traffic to his offer. Nor did he need to. This is a situation where a measured response was all that was called for. "Discretion is the better part of valor," as they say and Shashi certainly displayed that characteristic. If that is also the character of Network Solutions, I applaud them. 

It is too early to determine if there will be any discernable positive ROI for NetSol, or the adverse for GoDaddy. In tracking Twitter mentions of the two, GoDaddy is receiving tons more. However, most of those are of a negative tone and the conversation is beginning to morph over into GoDaddy's alledgedly poor customer service.  

If you think all this is overblown, I would remind you of what happened a few years with a small bicycle lock company called Kryptonite. (See for background if you're unfamiliar with the story. It still lives to haunt them to this day.) Also, consider the Motrin Moms controversy as another case in point. 

If you think the same thing can't happen again, you're mistaken. It can and in spades. 

The saddest thing of all is that GoDaddy has at least one staff person assigned to monitor Twitter, , who, at the time of this writing, had yet to respond to any of the commentary.  I think that's inexcusable! One thing is for certain, Twitter users are . 

I suspect there is much more to come before this issue becomes yesterday's news. Perhaps it is the controversy du jour, but I believe there are lessons that can be learned that having bearing on how companies do business in the era of the social web. 

January 15, 2009

Five ways to maximize your marketing dollar via the web

Smebr I gave a talk today at the Sales and Marketing Executives meeting in Baton Rouge on the topic of using the web to maximize your marketing dollar and presented some cost-effective strategies to market through the recession.

At the conclusion of the meeting an attendee, , asked if I had blogged this information. I responded with no, but will before the day is over. So, Kent, here it is.

I started out by talking briefly about two current trends...

Marketing budgets are tightening. That's news to no one. Bizzuka CEO told me several weeks ago, "Paul, you are our marketing budget." I'm sure companies much larger than ours are scaling back. That's what all the emails I get from various sources indicate.

Money is moving from offline to online. Newspapers are losing revenue hand over fist. To a lesser degree, the same is true for radio/TV/print media. The single winner in all of this is online media, and that's not growing as fast now as hoped.

Given the current economic climate, there is a need, particularly for small businesses, to maximize their marketing dollars and I'm here to trumpet the Internet as the place to do so. Here are the five ways I suggested.

1. Put yourself in the "findability" business

At the New Marketing Summit last October Todd Defren, Principal of Shift Communications, said, "You are no longer the marketing department. You are now the 'findability' department. What I think he meant was that Google is the new yellow pages and if your business can't be found there, for many people you don't exist. PPC/SEO are two ways to get there. My second point elucidated another.

2. Think of yourself as publisher and your Web site as a media property

What I'm referring to here is content, content and more content. Content is STILL king!

David Meerman Scott said companies should consider hiring people with the skills of a journalist to churn out content, which can come in many forms: video, photos, podcasts, blog posts, articles, press releases, etc. And they don't have to all live on your own site. It's good for link love and Google Juice purposes to have them on third-party sites as well.

It doesn't have to be expensive either. At Bizzuka, we use every one of those tools. With the exception of press releases syndicated via PRWeb, everyone one of them is free. If we can do it, you can too!

And it's given us a lot of presence on Google. A reveals returns from , , , PRWeb, , Blog Talk Radio, blogs and on and on.

An added benefit is ubiquity. You're everywhere! That's something I think carries with it social capital and credibility.

3. Participate in social networks

Social networking via (your business suit), (business casual) and (the networking cocktail party) are places you should have profiles established and where you should, to the degree time will allow, be actively participating. It will pay off over time. We're seeing the fruits of it here. Again, if we can do it, you can too.

4. Get closer to your customer

Marketing strategist John Moore says there are three ways companies can increase revenues:
  • Raise prices
  • Get new customers
  • Sell more stuff to the customers you already have
In a recession, raising prices is out of the question. It costs more to get new customers than to keep the ones you already have. Therefore, getting closer to your customers and upselling them on new products/services is the preferred route.

While nothing beats an in-person, real life connection, via your Web site, blog, email, social networks and online communities the Web can serve up a digital handshake to help keep you top-of-mind with customers.

5. Start a tribe

Seth Godin's latest book, Tribes, talks about how people form communities around leaders, brands, products and services. These are often self-forming groups in which the brand may be a non-participant.

I often use the idea of "getting a seat at someone else's table" to describe how brands should find communities of interest wherever they may exist and join as co-participants. I also suggest it's not a bad idea to "set a table of your own" and start such communities.

A great example is Vertical Response, the small business email marketing software company. They built a customer community, VR Marketing Lounge, using low-cost social network platform Ning that numbers several thousand members.

While that may be only a fraction of their total customer-base, it's still significant. Just think of the feedback that group can provide and the potential for word-of-mouth growth that can come as a result of increased tribal affiliation.

Kent Blumberg So, there it is -- five ways to maximize your marketing dollar via the Web. If you found the post helpful, let know. It was his suggestion... and a good one it was.

December 11, 2008

Connecting Google Friend Connect and Typepad Connect

I've created an online community on this blog called Friends of CMM (which I invite you to join btw), which includes a couple of widgets from Google , the new service that enables any Web site to have a social component.

I've also deployed SixApart's new social component, Typepad Connect, which is a mashup of threaded Gravatar-style comments, Typepad Profiles and their anti-spam application. Interestingly, the app is available for use on a number of blog platforms, including WordPress and Blogger.

The ability to incorporate these and other open-source applications further reinforces the point that blogs can serve as a social media base of operations from which users can foray into other socnets like Facebook and Twitter.

Like Google says, these apps mean "more people engaging more deeply with your website -- and with each other."

December 10, 2008

Wikily working

Lately, I've been giving more attention to the use of wikis for networking collaboratively, having started three, including the What's Working in Social Media one I mentioned yesterday. The other two are private, one related to something we're doing at Bizzuka, and one for a group I've been invited to be part of.

Part of the reason I'm doing this is for research on my upcoming book on social media marketing, but mostly its because I want to embrace the power of social networking in its most collaborative form to date, a wiki. A number of do-it-yourself wiki platforms are available, but I favor WetPaint for its ease of use.

I read an excerpt from Clay Shirky's new book Here Comes Everybody that said, "We are living in the middle of a remarkable increase in our ability to share, to cooperate with one another, and to take collective action. These changes will transform the world everywhere groups of people come together to accomplish something."

Thanks to tools like wikis, the technological barriers to co-creation, collaboration and change have largely been eliminated. The one barrier that remains is human being's willingness to actively engage. The 90-9-1 rule still seems to be in effect and our reluctance to participate has to be overcome. Otherwise, the influence remains in the hands of a relative few.

A great resource for better understanding the power of wikis to foster social change is a PDF entitled Working Wikily: How Networks are Changing Social Change, written by the Monitor Institute. They've also created a blog by the same name.

Once again, let me invite you to join in participating on the What's Working wiki. The only way that site will have any real value is by virtue of the contributions of its members.

Hat tip to Connectedness

December 08, 2008

Facebook closing in on MySpace, Google Friend Connect fast on Facebook's heels

Truckfinish_1 MarketingVox reports Compete.com's November statistics Facebook is rapidly closing the gap with US social network leader MySpace. In a separate news item, MarketingVox also reports that Google's , now in beta, is hot on Facebook's tail. Looks like a real race to the finish to me!

If I were a _________, I'd use Twitter to... series

Years ago I remember The Blog Studio's creative director doing a series on how people in different industries could use blogs. (I attempted to find the series but was unsuccessful in my attempt.)

I thought it was a good idea then, and, now, considering that Twitter is the next form of blogging, I'm starting a similar series called "If I were a _______________, I'd use Twitter to..."

However, instead of coming up with my own ideas, I'd rather crowdsource the whole thing.

My first attempt at this is, "If I were a restaurant, I'd use Twitter to..." If you'd like to answer that, please do so via Twitter. If you're not following me, I'm .

To answer the question of why I'm doing this, one word: Book.

Pretty much everything I'm doing these days social medially speaking has to do with my book on social media marketing that's coming out in the fall of 09. However, I may also print the replies to this series in an ebook along with a credit to each of the contributors (or screen shot of your tweet). So, please, do reply.

"If I were a restaurant, I'd use Twitter too..."

December 03, 2008

Twitter automation, a terrible trend

Rube Goldberg device

A trend I'm seeing develop on Twitter is the use of automation for such things as auto-follows, auto-responses (which often include a pitch...visit my blog at www...) and scheduled tweets.

I think this is a terrible trend that should be avoided at all costs.

To me, Twitter is the most personal and conversational of all social media applications, at least those with which I am familiar. To turn it into a "machine" flies in the face of that.

I realize that many are using automation apps like TweetLater with the best of intentions. It's a way to make sure you don't overlook any new followers and/or as a means of scheduling retweets of important or timely announcements.

It's time-saving and efficient. And perhaps that's the main things wrong with it...it de-personalizes the interactions.

Continue reading "Twitter automation, a terrible trend" »

November 11, 2008

Ode to a new friend and mentor Terri Murphy

Terri Murphy I was recently introduced by my good friend to real estate and business coach, author and speaker Terri Murphy. This lady has literally taken me under her wing and I could not be more grateful or appreciative.

To cite a brief litany of her generosity, Terri has introduced me to a number of influential people, included me (via video) on a panel she moderated at the National Association of Realtors convention, featured me as a guest in her weekly radio show, made me a member of the Advisory Board at Women's Wisdom Network, introduced me to an editor at AMACOM and is helping me get into coaching. On top of that, she has asked for little, if anything, in return! 

Honestly, I don't know what to make of it except that God (yes, I believe in God) puts people in your life at the right time and at the right place when you least expect it, don't deserve it, and have not a clue as to why. But, I'm a believer in providence, so I know there is a reason and sooner or later I'll learn what it is. In the meantime, I learning to say "thank you" an awful lot.

Not that Terri is getting off that easily mind you. I'm helping her get acclimated to social media, going to help develop a strategy to drive membership to the Women's Wisdom Network, and serve as a social media resource as needed. (One of the things I'm helping her with is gaining an understanding of what Twitter is all about. If you don't mind, I'd greatly appreciate you there.)

Whatever resources or assistance I might provide pale in comparison to what she has already done for me. The only way I know how to thank her appropriately is by doing so here on my blog.  So, let me introduce you to a truly generous person, Terri Murphy. May you be half as fortunate as I to find such a friend and mentor as she.
 

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