Study: Twitter becomes popular among business chiefs

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Is this a good sign for the acceptance of social media in the business world? The use of Twitter as a business and marketing tool has increased from 31% to 61% among Europe’s top business leaders, finds a recent study by CNBC.

Even more, 61% of the business leaders see the growing impact of Social Media. They believed Social Media was changing the way their business is done today. 77% of the business executives have Facebook accounts (from 81% in 2010). LinkedIn gains tracktion from 52% to 56%.

The study polled 650 European business chiefs as part of their CNBC Europe Mobile Elite 2011 survey. The idea was to get more knowledge about the use of the latest technology features in the C-Level area of companies at work and in their free time.

Although the increase of Twitter popularity among business leaders is obvious, the busiens decision makers admit that the are unable to keep track ith the latest technological innovations. Apart from that, another study some weeks ago showed that they are also not sure how to leverage Social Media for business.

The most popular device is the iPhone which 21% of the business chiefs call their own now – up from 19% in 2010. Similar numbers gets the Blackberry in terms of popularity – an increase from 18% to 20%. The iPad is also becoming more popular among business leaders, with 15% of them now owning one.

“In a rapidly changing world, Europe’s decision makers are challenged with not just keeping up with technology change, but also ‘driving change’ within their respective sectors. Throughout 2010, Europe experienced some the most advanced innovations in mobile technology the region has ever seen.” Mike Jeanes, Director of Research, CNBC EMEA

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The CNBC study states the importance and changing development of mobile use for the business decision maker. The message is that websites will continue to lose value against apps on mobile devices among business leaders. News apps are the most popular application segment for the respondents. 75% of respondents said they use them followed by weather (54%) and social networking (39%). The study makes clear that top management is trying to get in touch and keep up with the pace of technology innovation. However, time still seems to be their biggest enemy…

Web or App? Nielsen study knows usage time of Android smartphone users

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According to the latest findings of research firm Nielsen that tracks and analyses iOS and Android data, smartphone users spend twice as much time on applications than on mobile version of these websites. The study reveals also that –although there are millions of apps in the world- only “a very small proportion of apps make up the vast majority of time spent”.

The average Android smartphone user spends 56 minutes a day using apps and browsing the internet. Two-thirds of that time is usage of apps, the rest goes to mobile websites and 39% acccount for consumer app consumption. The study illustration below shows that mobile device owners spent almost half of their usage time on their top 10 favorite apps and 51% on their favorite 20 apps.

Let’s give it a guess… Probably most of the app usage of mobile device owners accounts for the following usage time: Checking email apps, Facebook, Foursquare or Gowalla, Twitter, and some of their favorite and coolest news or geeky gaming apps (very often used by their kids). And if you look at the top (free) list of apps you find Angry Birds, Angry Birds Rio, Google Maps, YouTube, Facebook Mobile, Skype, Tiny Flashlight, Viber and Drag Racing amoungst others.

The study supports my own feeling that although we continue to download apps and spend (2010 per user: Android 1,97 USD, iPhone 21,22 USD), we only use most of them them periodically, and only a few continously if the give us permanent benefit in networking or staying up-to-date on news.

Well, the time will come when HTML5 might change the market situation and developers will have an easy time working with apps. Amazon’s Kindle Cloud Reader gives insights in what is possible with HTML5 for the mobile web.

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The study does not really give an answer to the question yet, or can give a recommendation to management. Still, Seeing these numbers, just imagine the chances companies and brands have when launching a new app to get under the hiflyer apps in the smartphone user market. Ideally, think about the five strategic reason that could make your app successful and be aware of the fact that most brand apps fail.

Study: C-level executives still unsure how to leverage Social Media for business growth

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It seems to be a love and hate relationship: Executives and Social Media. On the one hand, companies see how critical a social business strategy is for their business. On the other, they still don’t know how to harness the value of the new modern media landscape and the feedback channel online world. This is the insight we get from a survey of C-level executives conducted by Harris Interactive for Capgemini.

The findings, which are part of Capgemini’s Executive Outsourcing Survey, were published with their launch of the social media management service. The survey asked 302 senior executives at Fortune 1000 companies.

The question where to position Social Media inside the company seems to be omnipresent: Marketing? Customer Service? Corporate Communications? Or really change the company to become a social business operation? Does someone have a crystal ball? More than half say that Social Media is a part of their company’s customer care operations. However, 64% of those responded that it is a pure responsibility of their social media marketing department.

Surprisingly enough, 74% executives stated in the study they were not even sure how many employees are dedicated to customer care via the Social Web activities of the company. The value of Social Media can be seen by 57% of responding executives who think that it is “inviting customer input on product and services, lead generation, responding to complaints, internal reporting, and measuring customer satisfaction.”

And it is best to forget the 13% who still believe that Social Media is not important for future success of the company.

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The attitude from executives towards Social Media also describes the fact that less than half of executives (41%) are monitoring online conversations about their brand, product and/or services. They only respond to an online conversation when a customer poses a direct question, representing a significant missed opportunity for companies to proactively solicit feedback and enhance the customer experience. The ooportunity to engage with the customer is there but executives (and probably their management teams) need to embrace the opportunity and change their business into a social business strategy and align it with their web strategy team.

Study: More companies succeed in recruiting via social networks

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Social Media is becoming the new talent aquisition tool for companies. A recent study by Jobvite states that almost 90% of companies are planning to use social networks to find job candidates. This is an increase of 7% to last year. Two thirds of employers said they had successfully filled a job position via social networking.

The study that polled 800 human resource staffers and headhunters in the U.S also illustrates the importance of personal branding which I proclaim for years now – also with the vision of a personal scoring index. Job seekers should understand the importance of having an active profile on sites like LinkedIn, Facebook and Twitter. However, this is essential and career benefitial, the study also warns that what you say and do on those sites has an impact on your career.

Running the survey in their fifth year, Jobvite is seeing a steady increase by employers in the use of social media.

“Employee referrals are the highest quality hires. (…) They last the longest, have the best match with expectations, and churn the least.” Dan Finnigan, CEO, Jobvite

According to Jobvite’s own client data, 70% of companies examine candidates’ social media profiles after getting a referral. Which means you never know who is checking your latest party pictures and how much you ruin your reputation by updating embarrassing information

“Don’t post any picture, say any words or take any actions that you wouldn’t want your grandmother to see,” advises Finnigan.

Some interesting finding shows that Facebook is not the main place to look for job candidates. However, LinkedIn went up from 78.3% to 86.6% (inclusive of all possible usage like search, job postings, etc.).

Having said that, Jobvite also asked their own customers how many actually hired staff using social referrals from various social networking sites. 43% of referrals that resulted in hires came from Facebook versus 41% from LinkedIn and 16% from Twitter.

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For the Social Society in which we are living social engagement become an asset bonus but also a challenge for job seekers. Today, it is still difficult to understand for many recruiters why you have a personal brand. In the future, this will change and show your affinity to a topic, to brands and to modern business tactics. People might be addressed or recruited by younger hiring managers who are more tolerant of social media failures or side steps but the more senior a position gets, the pickier recruitment managers are getting.

How do you see the future of personal branding and how recruiters are checking your capabilities via social networks?

Study: Social Business is critical to future success

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Jive Software recently published a study that unveils how social software is increasingly perceived as a strategic executive imperative in the enterprise. Surprise? No. Jive is a provider of social business technology and commissioned the study, which was conducted by Penn Schoen Berland and asked 902 U.S.-based knowledge workers.

The three key finding can be summarized as…
– Social strategy will be critical to the future success of businesses.
– App Stores are gaining traction in the enterprise
– Email usage is growing but is not solving communication challenges in the enterprise

So, what are essential facts from the study…?

Enthusiasm for social software in enterprise is high according to the study. 96% stated that social software adds value to at least one key performance indicator with 67% claiming it would improve customer engagement. 57% even believing it would increase sales or revenue. Two-thirds (66%) of executives responded social software represents a fundamental shift in how companies work and engage with customers.
However, only 17% of the same executives reported being ahead of the curve in this area. So, obviously web business strategy is not where executives think corporate culture should be. And that is although 83% of executives leverage at least one social network for work use.

Reference marketing is becoming essential and social software will play a big role in the future of purchase decisions. 54% of millennials said that they are more likely to rely on and make purchase decisions from information shared via personal contacts in online communities versus 33% more likely to use information from “official” company sources.

Obviously the study also finds that mobile is growing. App stores are gaining tracion in the enterprise and 74% of executives are indicating interest. The reason i salso mentioned in the study. 92% of executives and 82% of millennials believe that work-related web-based apps greatly or somewhat increased their productivity.

As a final finding, the study states the growing use of email which the bloggosphere is evaluating as a weak collaboration tool for a while. The study agrees here. 89% of executives, 88% of millennials and 76% of general knowledge workers believe that they and their teams would be more productive if they could dramatically reduce the time spent writing and reading emails. Seventy-three percent of executives, 73 percent of millennials and 64% of general knowledge workers agree that social platforms will fundamentally change the way people share, connect and learn at work and with companies.

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The study obviously favors the benefits of social software (it is a Jive USP). Some weeks ago, an IBM study took a step ahead and looked at the way executives have to challenge SocialCRM in the future and what their main fields of activity are at the moment.

So, if knowledge management in companies via social software is seen to have client engagement potential to improve business objectives, executives should have a close look at the following numbers and think about how (and how long to wait) to implement social software in their business processes: 73% of execs and millennials and 64% of general knowledge workers agree that social platforms will fundamentally change the way people share, connect and learn at work and with companies.

What happens in 60 seconds on the Social Web? A comparison and the value of "infographics"…

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There are different ways to illustrate how fast the Social Web is growing these days. For two years my favorite “real-time” resource -based on studies and research data- was Gary Hayes Social Media Count. And I am sure, you have all seen this great little widget already…

However, we also have to keep up with the pace and realize that -although people already hate them- infographics are sometimes a nice way to grab facts quick and easy. The Shanghai Web Designers created an infographic which illustrates how fast conversations, comments and content are produced on social networking and online platforms in only 60 seconds.

60 Seconds - Things That Happen On Internet Every Sixty Seconds
Infographic by- Shanghai Web Designers

Now, although I honor the work of the Shanghai Web Designers, it lacks some information on where the data was generated from. Gary Hayes explains nicely how the app data was put together and how actual it is (having said that I think Gary needs to refresh his links as I found links ending in 404’s).

A comparison could be interesting, I thought. Why not compare the 60 seconds data from the Shanghai Web Designers (SWD) versus a “one-minute-momentum” of Gary Hayes (GH) counter…? I started the counter and waited 60 seconds, and there you go. Here are the results…

The comparison will just focus on the essentials Google, Email, Facebook, Twitter and Youtube. You can still do your own comparison afterwards…

Google
Search queries: 694,445 (SWD) versus 1,393,519 (GH)

Emails
Emails sent: 168,000,000 (SWD) versus 204,255,455 (GH)

Facebook
Status Updates: 695,000 (SWD) versus 696,758 (GH)
Comments: 510,040 (SWD) versus 512,100 (GH)

Twitter
New accounts: 320 (SWD) versus 208 (GH)
Tweets published: 98,000 (SWD) versus 62,707 (GH)

YouTube
Hours of content uploaded: 25+ hours (SWD) verus 36 hours (GH)

LinkedIn
New members: 100 (SWD) versus 60 (GH)

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The comparison makes clear that the Facebook figures are similar whereas for the rest of the figures there is a massive discrepancy in numbers. Facebook is sharing their latest actual figures, for the other technology platforms the data probably comes from third party sources (or at least as far as I can see). If all platform and technology owners would share their latest data, those discrepancies won’t happen. The lack of source information from Shanghai Web Designers makes it difficult to argue which data is the latest, where the differences in the comparison are coming from, and so on. Maybe this is the reason why some experts don’t like infographics any more. “Don’t like…” might be wrong when I see how many people have shared the infographic in the last days. They appear very nice and compelling in social networking accounts and “illustrate” thought-leadership in presentations. Right…?!

82% of word of mouth conversations are face-to-face

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The word of mouth and research company Keller Fay Group and Google have collaborated to understand the effects of the Internet and Internet enabled devices on word of mouth conversations about brands – and the Google Business Youtube channel published some findings now in a video.

In the US there are 2.4 billion conversations involving brands on a day, and the question is what role do various types of media play in this process? The study -based on 3.000 responding adults- comes to the conclusion that the vast majority of word of mouth conversations still happens face-to-face (82%).

However, the internet is the leading source of information motivating conversations. TV is already number two media to trigger word of mouth conversations. Google searches directly inform 146 million brand conversations a day, says the video. Are we surprised? Well, I wasn’t…

Obviously, Google would not publish it, if search wasn’t the main initiator in conversations as the study claims. According to the study, search is also said to outperform social media when it comes to credibility and likelihood to purchase decisions.

The study video concludes to mention the importance of search which is the leading source that inspires and informs, and thus triggers word of mouth brand conversations, followed by e-commerce with 7%. Social Media and branded websites are coming in at the same level.

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The findings illustrate the importance to connect offline and online brand activities. Although search definitely has a major impact on our purchase behavior these days, and especially Google with all their opportunities and different service offerings, I would definitely stress that brand advocates also have a major impact on word of mouth conversations when using them to empower social media capabilities. The study did not use these special people as “online channels” of course. However, think about brand advocates and how you could leverage your brand with them.

PS: The full video can be seen here…

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How displays will organize our day and influence purchase…

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We have seen different versions of the future of digital displays. They tell us how all these displays will organize and manage our daily business and lifes. Remember the TAT and their Open Innovation project? A nice idea…

Today I came across another display vision looking into the future called “A Day Made of Glass” was made by Corning. You should watch it…

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Just imagine what it means if other technologies like Immersive’s software will be combined with these displays of the future. The Immersive software is built on artificial intelligence software. It calculates the probability of success for each impression and serves the most appropriate ad. It learns how people give feedback and improves response targeting over time.

The software works with existing digital signs, uses anonymous facial recognition and takes advantage of given data through APIs, i.e. from social networks like Twitter or Foursquare, weather data and time of day. Thus it determines the age, gender and attention time of people passing by. No matter if you are in busy atmosphere or at home…

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Immersive Labs – Wiji Software Demo from Immersive Labs on Vimeo.

If these technologies would be combined in the future, and I am sure we will see derivates some time soon, then it could well be that you don’t even have to look at ads again. Ads will catch your attention in your house whilst you are cleaning your teeth, taking a bath, via head-up display while driving, or when you are passing by a billboard. And you will touch the screen and just purchase the offered product by wiping your mobile (see latest study by VISA) over the screen, or simply by the fingerprint. Just imagine…

Is the future of positive social approval changing?

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Almost two years ago, I have written about the development on Twitter that positive comments are not rated in a way they should (in my eyes). Those days I asked the question if the RT (Retweet) becomes a killer for the positive blog comment. Many people tapped my shoulder virtually and agreed with my observation.

In some way the RT “button” is similar to Facebook’s LIKE button. It is a given opportunity to automize a process of agreement. And I am asking myself if Facebook’s LIKE button -launched one year ago- has the same “negative influence” on our positive comment on reviews in the future. Although it was meant to give its members an easy way to show approval for products, services, content and thoughts. I am coming back to these thoughts as I stumbled upon an interesting local study.

According to a recent study released by CityGrid Media, conducted by Harris interactive, that did some research on Web properties focused on local merchants, consumers prefer the “Like” button to writing a positive review for a local business. The study polled 1,006 adults in the U.S. over the phone between March 16 and 20.

OK, this is restricted to local only. But do we doubt that there is a difference in the regional and global attitude and behavior of humans? Especially as 52% of respondents said they visited more than two websites before visiting a local business, and Google plus Facebook were the most popular first sites those people accessed.

The study states that 20% of respondents say they show support for local businesses by clicking the “Like” button for that business on Facebook versus 13% who write reviews. The offline way is still the most successful method according to the study. The verbal way of telling a friend was the most popular method (75%). Not surprising as most of the consumers are still more listening than telling.

However this is just a local research, I asking myself if this s a good development, for us, for retailers, for brands and for the Social Web in general. Bearing in mind how much our written reaction on products and services influences our buying behavior, I think, it is not good if only the negative comments get (negative) credits while positive comments and reviews just find the automated, lazy “push a button” credit – no sentiment, no conversational reward, no tapping on the shoulder virtually…

How do you see this development?

Study: 70% of Facebook and Twitter Pages from brands don't rank in Google

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BrightEdge recently uncovered with a research project that social profiles of most leading brands don’t rank well in Google. Although many companies still invest a lot of their budgets in SEM/SEO activities, most of them forget to increase their social media presence from a search results perspective.

The research reviewed 200 of the world’s top brands for their social media presence. Most of the those brands, nearly 100%, stay on top or near the top ranks for their brand names on the SERP’s. However, a high percentage of 71% did not have their Facebook pages in the top 20 results. For Twitter it showed more or less the same result: 68% of the brands surveyed were not amoungst the top 20 results of the Google SERP’s.

“Brands today are pouring countless resources into social media channels and are creating great content that will help them engage with consumers, optimizing these for SEO purposes is a crucial way to drive exposure. Brands may be missing critical customer connection points if consumers can’t easily discover their social media pages in search.” Jim Yu, CEO, BrightEdge

Interestingly enough, there seems to be no necessary correlation between the number of friends and followers and SERP rankings according to the analysis of various social media pages that the BrightEdge surveyed. For example, the Facebook page of a leading photography brand did not perform in the top 20 search results, although more than 160,000 were fans of their Facebook page. On the other hand, a leading auto manufacturer with only 17,307 fans had a Facebook page that ranked in the top 10 of search results.

The least effective brands at optimizing Social Networking sites are coming from the finance and insurance sector. Only three of the top 43 companies had their Facebook pages rank in the top 20 search results. In comparison, retailers were much more successful: 13 out of the top 23 retailers surveyed were found in the top 20 search results.

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Brands could argue it is more important to find your homepage or branded pages for products or services in the top search results. Social Media experts might see this different as some of the main brands invest a lot of their branding activities in the leading Social Media sites at the moment. Especially, under the aspect from last year’s report that some big brands reported to loose their traffic on corporate websites to Facebook, the search impact for brands might become more and more important in the future. Would you agree?