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Mesh12 Session - Social Media WTF

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Social media broke marketing. But in a good way. It created engaged, informed customers who quickly figured out they could learn more from each other than from the websites of corporations trying to market to them. Marketers reacted with fear by shoe-horning their old methods into shiny new channels; pouring millions into unidirectional, broadcast Facebook pages and stagnant Twitter feeds. Now marketing has broken social media. How did we manage to get it so completely wrong and what can we do to fix it?

Published in: Business, Technology

Mesh12 Session - Social Media WTF

  1. 1. 1SOCIAL MEDIA: WTF? mediaprofile.com Michael O’Connor Clarke Vice President, Digital & Social Media
  2. 2. 2ABOUT ME Michael 1.0 = Tech hardware & software sales Michael 2.0 = Corporate Marketing & PR exec Michael 3.0 = Agency bloke & social media “pioneer” http://michaelocc.com @michaelocc linkedin.com/michaelocc
  3. 3. 3ALMOST FAMOUS
  4. 4. 4ALMOST FAMOUS
  5. 5. 5OVERTURE
  6. 6. source: @tomheg at http://tpdsaa.tumblr.com
  7. 7. 7HYPOTHESIS1. Marketing is broken2. The Web offers the promise to fix it3. Social Media enables Web’s real potential (Yay!)4. Marketers freak out (OMG! People are talking back!)5. Marketing shoehorns the same old crud into the shiny new channels6. Social Media is broken
  8. 8. http://www.flickr.com/photos/catherinebennett/
  9. 9. 9THREE FALLACIESWhat we bullshit about when webullshit about bullshit…
  10. 10. 101 SIZE MATTERS Follower & Fan counts are inflated and largely meaningless
  11. 11. 11CANADA’S TWITTER CHAMP Suspect A
  12. 12. 12 Suspect A Suspect ASuspect A
  13. 13. 13 Suspect A Suspect A Suspect ASuspect A Suspect A
  14. 14. 14
  15. 15. 15
  16. 16. 16
  17. 17. 17But why not…?
  18. 18. 18IT’S A LIE You get dummy, shell accounts Most <100 days old, very low follower/friend counts, average of 9 tweets per account Most accounts are filled with bot-generated spam content You’re not buying an audience, you’re buying crap
  19. 19. 19IT DOESN’T WORK Metcalfe’s Law: “The value of a telecommunications network is proportional to the square of the number of connected users of the system” Michael’s Law: “The value of a social network is proportional to the square of the number of engaged contributors to the system” Followers and fans are only of any real “value” if they: 1. Have a pulse; 2. Have consciously chosen to follow or Like you, and; 3. Are actually engaged in spreading the word about you among their own circles of influence
  20. 20. 20BIG FAN COUNT != BIG ENGAGEMENT Nearly 70 per cent of people who Like a brand page rarely or never return to the page (Source: Penn State U Study) Source: Pagelever - reported on AllFacebook.com
  21. 21. 21BIG FAN COUNT != BIG ENGAGEMENT
  22. 22. 22BIG FAN COUNT != BIG ENGAGEMENT
  23. 23. 23MORE CONNECTIONSDOES NOT MEANMORE CONNECTEDNESS
  24. 24. 242 FAKE IT …till you make it
  25. 25. 26FRIENDS DON’T LET FRIENDSTWEET LIKE THIS @TechnoBlort TechnoBlort Industries
  26. 26. 277 DEADLY SOCIAL MEDIAMARKETING SINS1. Sock puppets!2. “Conversation Calendars” written by copywriters3. Automated tweeting + zero-response monitoring4. Transmedia promotion (same batcrap, different batchannel)5. Pushing news releases as status updates or blog posts6. Ignoring feedback, deleting comments or, even worse, not allowing them7. Thinking you can control the message
  27. 27. 28BRAND SPAM
  28. 28. 29STUCK IN A MESSAGE TRACK From this… To this:
  29. 29. 303 FISH WHERE THE FISH ARE
  30. 30. 31
  31. 31. 32“At the heart of the Internet business is one of the great businessfallacies of our time: that the Web, with all its targetingabilities, can be a more efficient, and hence moreprofitable, advertising medium than traditional media.”“The nature of people’s behavior on the Web and ofhow they interact with advertising… has meant amarked decline in advertising’s impact.”
  32. 32. 33QUASI-PERSONALIZED CLUEHOLES Leaky Algorithmic Marketing Efforts More at: http://ow.ly/b9YRC
  33. 33. 35THE #1 SOCIAL MEDIA MISTAKE
  34. 34. Social Media is like Soylent Green… It’s PEOPLE!urce: http://newsevents.arts.ac.uk
  35. 35. PREREQUISITES A desire to be closer to your customer A belief that conversation can build a bond of understanding A willingness to act on what you hear and learn A tolerance for dissent – not everyone will agree with you And one other thing…
  36. 36. 39WebsiteTwitterFacebook
  37. 37. 40BUILD YOUR OWN HUB Why are you investing so much in building a community someone else controls? Where’s the “Tweet this” button on Facebook; the “Like” button for Twitter? When people find you out there, where do you want them to end up? Create and curate! But… what do I write about?
  38. 38. Step One: Grow Big Earshttp://www.flickr.com/photos/niclindh
  39. 39. This is a BFDsource: http://bigeffingdeal.info/
  40. 40. 43WHAT I’VE LEARNED If you’re genuinely interested in what your customers want, they’ll tell you Talk to people; try not to be a dick Don’t self promote. Remember “The Because Effect.” Tell great stories If someone starts telling you how to do it right, chances are they’re doing it wrong Er…
  41. 41. JUST DO IT If you’re a small company  Change now. You’ll win. If you’re an agency  Push back. Tell clients they’re wrong. Refuse to execute crap ideas. If you’re a consumer  Talk loud. Be heard. Out the bad and the good. If you’re a big company drone  Get porous with customers. Be human. If you can’t fix it: leave.
  42. 42. When you think of the Internet, dont think of Mack trucks full of widgets destined for distributorships, whizzing by countless billboards. Think of a table for two. @Man, 1997
  43. 43. 46THANK YOU mediaprofile.com Michael O’Connor Clarke Vice President, Digital & Social Media +1.416.893.4941 mocc@mediaprofile.com @michaelocc

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