Corporate branding in the age of YouTube

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Corporate branding in the age of YouTube - Presentation Transcript

  1. Corporate branding in the age of Ben Edwards Director, IBM New Media Communications © 2006 IBM Corporation
  2. Corporate branding in the age of About Ben Former journalist: 14 years in “legacy media” Nine years at The Economist as reporter, foreign correspondent and editor May 2005: joined IBM August 2005: launched IBM’s podcasting program April 2006: appointed head of New Media Communications Oversee New Media strategy and corporate policy © 2006 IBM Corporation 2
  3. Corporate branding in the age of What is New Media Communications? Roles and Responsibilities • Establish social media skills among IBM Communications teams around the world. Develop enterprise applications for these social media capabilities across all communications disciplines, from internal communications to media relations and marketing • Establish the business value of New Media Communications, demonstrating: • Lower costs and improved effectiveness of existing communications • Innovation in communications to connect with audiences in different ways • Establish IBM Communications as a valued resource for the corporation as it adopts social media © 2006 IBM Corporation 3
  4. Corporate branding in the age of Why New Media Communications? Social media is gaining rapid acceptance as an inexpensive, easy-to- use set of tools for creating, sharing and discovering information and social connections 5m articles in 229 languages Wikipedia has published 200,000 videos get uploaded to YouTube every day tens of thousands of podcasts iTunes lists 50m blogs Technorati tracks more than © 2006 IBM Corporation 4
  5. Corporate branding in the age of Why New Media Communications? Inside IBM, social media is also gaining rapid acceptance among IBMers as an inexpensive, easy-to-use way to create, share and discover enterprise information and business connections 24,600 registered users BlogCentral has 620 podcasts and has recorded IBM’s podcasting pilot lists 820,000 downloads 70,000 registered users Wikicentral has 6,000 users have created 100,000 tags Dogear’s © 2006 IBM Corporation 5
  6. Corporate branding in the age of BlogCentral: registered users 25,000 20,000 15,000 10,000 5,000 0 2003 2004 2005 2006 Source: Webahead © 2006 IBM Corporation 6
  7. Corporate branding in the age of Podcasting pilot: episode downloads per month 180,000 160,000 140,000 120,000 E pis ode dow nloads 100,000 80,000 60,000 40,000 20,000 0 Oct-05 Nov-05 Dec-05 Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Source: Webahead © 2006 IBM Corporation 7
  8. Corporate branding in the age of Wikicentral: registered users 70,000 60,000 50,000 N um ber of us ers 40,000 30,000 20,000 10,000 0 Dec-05 Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Source: Webahead © 2006 IBM Corporation 8
  9. Corporate branding in the age of The rise of social media heralds the advent of a new communications paradigm Social media are not about the technology Social media should not be thought of as new “channels” for distributing existing content and messages Social media offer fundamentally new ways for creating, sharing and discovering information and social connections Social media have different economics Social media create different audience expectations Social media demand different communications skills from those who use them In sum: social media herald the advent of a new communications paradigm © 2006 IBM Corporation 9
  10. Corporate branding in the age of The New Communications Paradigm Mass Media Social Media Publisher Professional publishing Self-publishing Economics High cost Low cost Audience Mass Niche Engagement Passive Active Voice Institutional Individual Communications Publisher Enabler Marketing Advertising Publishing © 2006 IBM Corporation 10
  11. Corporate branding and the New Communications Paradigm © 2006 IBM Corporation
  12. Corporate branding in the age of August 2006 © 2006 IBM Corporation 12
  13. Corporate branding in the age of Brands began life as symbols of product quality and consistency July 1942 June 1917 © 2006 IBM Corporation 13
  14. Corporate branding in the age of By the 1960s and 1970s, brands began morphing into symbols of consumer identity… © 2006 IBM Corporation 14
  15. Corporate branding in the age of …and more recently into symbols of our social aspirations © 2006 IBM Corporation 15
  16. Corporate branding in the age of The prevailing orthodoxy: Social Media represent a loss of corporate “control” over the brand © 2006 IBM Corporation 16
  17. Corporate branding in the age of © 2006 IBM Corporation 17
  18. Corporate branding in the age of In truth, corporations lost control of their brands the moment they became symbols of our dreams, aspirations and identities After all, who constructs and controls identity? © 2006 IBM Corporation 18
  19. Corporate branding in the age of Who won the Beetle battle? The engineers in Wolfsburg, Germany? © 2006 IBM Corporation 19
  20. Corporate branding in the age of …and when brands fail us – when their products and their behaviors no longer help us to project the identities we want to project to the world… …we punish them mercilessly © 2006 IBM Corporation 20
  21. Corporate branding in the age of August 6, 2001 August 7, 2006 © 2006 IBM Corporation 21
  22. Corporate branding in the age of Since 2000… has lost 31% of its brand value, or $2.9 billion has lost 29% of its brand value, or $4.7 billion has lost 63% of its brand value, or $7.4 billion has lost 70% of its brand value, or $25.3 billion © 2006 IBM Corporation 22
  23. Corporate branding in the age of As brands engage with social issues, brand insecurity may be worsening © 2006 IBM Corporation 23
  24. Corporate branding in the age of So what has changed between us and them? 1. They can create and share the brand themselves 2. We can listen better 3. We can create and share the brand with them © 2006 IBM Corporation 24
  25. Corporate branding in the age of 1. They can create and share the brand themselves Mass Media: brand construction was a negotiation between the corporation and the customer’s wallet, intermediated and influenced by the mass media Social Media: self-publishing tools and social-networking services let audiences of all kinds discover communities of interest and publish the brand to each other © 2006 IBM Corporation 25
  26. Corporate branding in the age of How brands live (and die, horribly) on On people are… •Celebrating your brand •Mocking your brand •Mashing up your brand with other brands •Making your brand perform strange and unnatural acts … And it’s not just on © 2006 IBM Corporation 26
  27. Corporate branding in the age of © 2006 IBM Corporation 27
  28. Corporate branding in the age of 2. We can listen better Mass Media: corporations had few opportunities outside of focus groups to listen to what their audiences thought about the brand Social Media: with employees, shareholders, customers, suppliers and partners all publishing about the brand, corporations have a great opportunity to listen to what they have to say © 2006 IBM Corporation 28
  29. Corporate branding in the age of © 2006 IBM Corporation 29
  30. Corporate branding in the age of 3. We can create and share the brand with them (if it’s that sort of brand) Mass Media: corporations indulged fantasies of control, pouring wasted resources into fruitless attempts to dictate the brand Social Media: social media present an opportunity for corporations to change attitudes. We can’t control. But we can influence. By inviting the audience to create and share the brand with us, we can hope for maximum influence © 2006 IBM Corporation 30
  31. Corporate branding in the age of And by listening and sharing… © 2006 IBM Corporation 31
  32. Corporate branding in the age of …we have a shot at making our brands more secure and more healthy Brands are at their strongest and healthiest and most secure when the stories we tell about ourselves are the stories our employees and our customers and our suppliers tell about us… …and social media allow us to share the storytelling © 2006 IBM Corporation 32
  33. Corporate branding in the age of An agenda for change 1. Don’t try to segment your audience. Nurture a brand which employees, customers and all constituencies can relate to, emotionally and intellectually 2. Provide employees with the means to tell their own stories about the brand, and in their own words 3. Listen. Listen to what employees are saying about the brand. Listen to what customers, partners, suppliers and shareholders are saying about the brand 4. See 1. 5. Where there is potential for a positive outcome, engage to influence © 2006 IBM Corporation 33

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