The Business of Blogging - Presentation Transcript
The Business of Blogging: the Good, Bad and the Wonderful Pranam Kolari Ph.D. Candidate, UMBC CAS Ph.D. Fellow, IBM Toronto Tim Finin, Yelena Yesha, UMBC Kelly Lyons, Stephen Perelgut, Jen Hawkins, IBM Toronto
Blogs have shown astounding growth Source: Technorati State of the Blogosphere Report ( http://www. sifry .com/alerts/archives/000436.html )
50,000,000 Weblogs (July 2006)
Doubling in size every 6 months for the past 3 years
Blogs are a global phenomenon Source: Technorati State of the Blogosphere Report ( http://www. sifry .com/alerts/archives/000436.html )
Blogs continue to capture user interest
Enterprises – the Good
Unlike other forms of communication blog posts are public – and now constitute the ‘influential’ social media
So what’s in it for business? Lets take the case of IBM
the Good
Buzz Monitoring
Marketing Feedback
Public Relations Monitoring
Competitive Intelligence
Buzz Monitoring – Word Of Mouth IBM Chip Clocks 500 GHz PC celebrates 25 years IBM/Lenovo ThinkPad goes in flames PHP Integration Kit for J2EE WAS
“ Name” mentions guide branding strategies
Product mentions guide product and feature releases
Opinion Mining
Marketing Feedback
BPM/BAM
SOA Videos
“ Launch” movie
IBM launched their SOA campaign in September/October
Effectiveness of marketing campaigns through blogs
Marketing Feedback
WallstreetTech – “Check out this ‘trailer’ for the launch of SOA from IBM - advertising may never be the same again.”
eBizQ – “Check out this fun "movie preview" from IBM about their new SOA product launch next week.”
…
Monitor blogs that mention IBM and SOA
Follow pulse, and tune strategies
Public Relations Management
Monitor “direct to consumer” products – like (Lenovo/IBM)ThinkPad, Lotus etc.
“ … passersby stared aghast or fled crying terrorist, the ThinkPad (which was quoted to be an IBM, not a Lenovo) apparently had a number of death throes as the fire went through various phases, until eventually ”
“ I love my ThinkPad, which I got inexpensively off of IBM's refurb site. ”
“ Does Lotus Notes Mean Career Suicide?. ”
Monitor initiatives – e.g. IBM academic/university relations
“ found some famous companies such as IBM, Intel and Micron in the fair … Good, this means opportunities … this university is really small so not many students in the gathering; I never saw a line except … (for) IBM ”
Competitive Intelligence
Analyze what (good, bad) makes your competitor buzzy
Players in this space
Enterprises – the Bad
What’s in it for us?
the Bad
Public Relation Problems
Competitive Intelligence
Compulsion to Blog
Updating Blogs
Computational Issues
The Dell PR Episode
Jeff Jarvis with Dell – Summer of 2005
June 21, 2005 – “ Dell lies. Dell sucks. ”
Almost all entries went with – “Is someone at Dell listening…”. Everyone except Dell were listening!
Ended with escalation to Chief Marketing Officer, Dell’s PR department now monitors Blogs
Listen to your customers.
Competitive Intelligence
Your competitors know why you are good, and bad
Be proactive, mine for intelligence
Blogger Limitations
Blogs do not cover all demographics
Mining blogs work best in “direct to consumer” products/services
Blogger attrition is high
Don’t post on compulsion
Computational Limitations
Tools are not yet mature
Visualizations still locked into the inertia of traditional web search engines
Sentiment Analysis for automatic opinion extraction still in early research stages
Spam Blogs skew blog analytics
E.g. navigate through blog search results for “IBM laser printer” on a popular blog search engine
Enterprises – the Wonderful
What’s in it for us?
the Wonderful
Business reaches out to consumer
Engage In Conversations
Influence Discussions
Use Blogs among employees (internally)
Identify Thought Leaders
Engage In Conversations
People blog to be heard
Be the first to address consumer issues
Comment and clarify on consumer blog
Request personal communication
Be the first to acknowledge consumer raves
WOMM marketing
“Acknowledgement” is important
Engage In Conversations
My post wasn’t negative, but all subsequent references from me were positive
Employee Blogs Generate Buzz
Employee Blogs hosted (and endorsed) by the enterprise
Product Information and Updates
Feature Feedback
Typically authored by CEO/CFO, Dept Head, Architects
Employee Blogs acknowledged by the enterprise
bridge enterprise with the blogosphere
Influence Discussions – Generate Buzz
Employee blogs generate interest in IBM’s SOA Launch Video, then picked up by the blogosphere
Use Internal Blogs
Blogs hosted internally by an enterprise
Fosters collaboration
Identify experts
Community dynamics
Bottom-up initiatives
Project Blogs
At IBM
“ HackDay” an IBM wide event, developed through initiation on a blog
Internal Blogs – Collaboration
IBM has around 2000 active internal blogs
Conversations extend across geographies
Dialogue leads to collaboration
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Internal Blogs – Buzz/Experts
Rank blog postings by employees
Employee concerns
Internal Product Feedback
Mine tag usage
Who are the experts?
Screen-shots deleted in this version Screen-shots deleted in this version
Internal Blogs - Elsewhere
Google, Yahoo, Ask
Product releases
Microsoft
Sun
Employee blogs, not well structured
Adobe
Feature feedback
Trends for the future
Blogs within the Enterprise will only grow
New tools for internal blogging
Ways of connecting blogs with other collaboration tools
External Blogs
Bridge blogs will grow in popularity
Competitive Intelligence will find mainstream use and be open
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