DEFINITION Unleashing “… a trend in which people use technologies to get the things they need from each other instead of from companies.” - Groundswell, Charlene Li & Josh Bernoff, Forrester Research 2008
Internet + Personal Sources = Most Important Sources Of Information
WHY DOES IT MATTER? Source: USC Annenberg School: Digital Future Report 2007
WHY DOES IT MATTER?
In 2008 Consumer IP traffic surpassed Business traffic
Source: Cisco Systems, Global IP Traffic Forecast and Methodology; Mobility segment (0.1% of traffic in 2007) not displayed
WHY DOES IT MATTER? Wikipedia.org Alexa Global Traffic Rankings 12/31/05; 3/12/08, Morgan Stanley Research 1 2 3 4 5 6 7 8 9 10 2005 (U.K.) 2008 1 2 3 4 5 6 7 8 9 10
WHY DOES IT MATTER? Source: The Nielsen Company, Custom Analysis (September 2008).
SOCIAL MEDIA AND AMPLIFICATION COST VALUE LEVERAGE AMPLIFY
WHAT DOES IT MEAN TO CONTENT CREATION? OLD CONTENT MODEL NEW CONTENT MODEL
WHAT DOES IT MEAN TO CONTENT DISTRIBUTION? TRAD DISTRIBUTION MODEL NEW DISTRIBUTION MODEL
WHAT DOES IT MEAN TO BRAND LOYALTY?
Changes the loyalty funnel and branding
Thinking Saying Researching Doing Watching New Verbs for Loyalty? Buying Reviewing Tagging Rating
CREATE A SOCIAL MAP
WEB 2.0 BRAND IMPLICATIONS Source: David Armano (http://darmano.typepad.com/logic_emotion/2008/06/brand-stairway.html)
White Tea Activation – Ayye.com, YouTube, Ads, Emails
Goal of slide:
Brand Channel Gadgets Videos NBC Rewind NBC Homepage Newsletter Sweepstakes and Social Sharing Facebook RealAge RealAge Newsletter
MICHELOB CASE STUDY
BEST PRACTICES
Listen To It
Build A Social Map
Design It
Feed It
Connect It
Distribute It
Participate In It
INSIGHTS
Social media is not one thing
Consider: the action is reaction
Capitalize on all your assets
Endorse others to reward
Be Authentic
Golden Rule of 2.0: the more you give the more you get in return
THANK YOU
Let’s keep the conversation going
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