Daily Reading 07/09/2008

  • Surprise! Corporate b-to-b blogs aren’t a cure-all. Forrester examined 36 companies that touted blogs a year ago and found that only half of them were sustaining the commitment. The problem: topics are boring, the voice is institutional and uninspiring and the authors don’t invite conversation. There are tricks to blogging right, but just yammering about your products and company isn’t going to stimulate conversation.

    tags: daily_reading, corporate_blog

Daily Reading 07/07/2008

Groundswell is an Intelligent Approach to Social Media Marketing

Some of the books that have been published about social media over the last couple of years have undermined their own message by yelling at their audience.The authors believe that Web 2.0 is a hammer and every marketing problem is a nail. Marketers who aren’t getting on board with social media are either in denial or stupid.

This attitude ultimately works against these enthusiasts. Social media isn’t a panacea for anything and it isn’t even appropriate for some companies and markets. The challenge for marketers is to figure out what makes sense and how to build social campaigns into broader marketing programs.

Groundswell takes a constructive approach to the task. Written by Forrester Research analysts Charlene Li and Josh Bernoff, it’s the first social media book I’ve read that attempts to define an analytical and quantitative approach to evaluating and applying social media . While the authors’ bias is clear, their approach is dispassionate enough to make their message all the more persuasive. In that respect, this is a breakthrough book.

You would expect nothing less than a quality job from two Forrester analysts. Li and Bernoff propose an innovative model for online adult behavior at the outset and apply it consistently throughout. Their “Social Technographics Profile” is a breakdown of US adults into six categories spanning the spectrum of online participation ranging from uninvolved to active creator. The authors apply the profile to a variety of audience segments, demonstrating that not all markets adopt Web 2.0 the same way. They’ve also made a limited version of the profiling tool available on the book’s website.

Importantly, Groundswell takes pains to point out that social media isn’t for everyone. Companies with undifferentiated or commodity products that don’t inspire customer enthusiasm are going to be hard pressed to build word-of-mouth momentum or brand advocacy. For them, a support forum or thought-leadership blog may be the best value they’ll get. It’s all about matching the customer base to the appropriate online behavior profile, and the authors drive home that message again and again. This book is all about understanding Social Technographics.

Groundswell is rich in case studies, many of which were evidently gleaned from client interactions and reflect solid understanding of the business issues at hand. The book also takes the best shot I’ve seen at defining an ROI model for blogs and social networks. The story of how one customre enthusiast has saved Dell more than $1 million in customer support costs is particularly compelling.

I was somewhat chagrined to find that some of the case studies I write about in my forthcoming book, Secrets of Social Media Marketing, are also covered in Groundswell. Fortunately, the two books have very different objectives. Secrets is applied practice while Groundswell is more strategic. The fact that we both landed on so many of the same examples is perhaps proof that this market still has a lot of growing up to do.

Daily Reading 06/30/2008

  • Jeff Jarvis is writing a piece on George Carlin and so looked up the frequency with which Carlin’s famous seven words you can’t say on TV show up in Google. He finds a striking equivalency. You have to click to see.

    tags: daily_reading

  • Among an impressive list of recent enhancements is offline access. Google says you can now edit any word processing, spreadsheet or presentation document when disconnected from the Internet and then synch with your online account when you reconnect. At this point, what’s the difference between Docs and Office?

    tags: daily_reading

Daily Reading 06/29/2008

  • A lot of people have been buzzing about Nicholas Carr’s brief opinion piece in the Atlantic in which he argues that information overload is making us less able to think in any kind of depth. Are we becoming “pancake people?” I don’t agree, but his views are worth considering.

    tags: daily_reading

  • There’s no secret formula for “going viral,” but Tom Hespos draws some interesting conclusions about why some campaigns work.

    tags: daily_reading

    •  Humor in an ad needs to be comparable to that in other content you might find online. In other words, a funny commercial is still a commercial. If you’re hoping humor value will spur a significant viral effect, the content better be funny. It’s not just competing with other commercials
    • Someone high up at Apple understands the value exchange that occurs when a brand fan is among the first to find out about a new Apple product. 
    • This incentivizes the insider to tell everybody and their grandmother that they were among the first to see the new iPhone.
  • Advertisers increasingly are paying to have website visitors render judgments on their ads in public for all to see.

    tags: daily_reading