Tag Archive for: Future

LeWeb10 – web strategy catch-up with Jeremiah Owyang

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When I joined the LeWeb10 in Paris last week, I was fortunate to spend some time with Jeremiah Owyang, partner at Altimeter Group and Blogger at web-strategist.com. We to talk about the future of web-strategy, the evolution of brands in the social web era and exchanged thoughts on how businesses need to integrate social media in their web activities. And it was good to see that our views matched nicely.

Afterwards, I did a quick video snapshot on three topics…

Where is web-strategy heading to in 2011?
The main trend that Jeremiah foresees is the integration of social media into the corporate website. In 2010, I have seen many companies already challenging this topic, and it improves. Although I have to admit, in many cases I found often tiny mistakes like the way social media conquers websites while important information gets lost or hidden in the backend or also placement of share items/buttons in the wrong corner apart from other things. Yes, companies are integrating their social affinity and activity but should not forget the business model, the target-group (or should I say friends or followers?) and the main existing user behavior…

What are the main trends from a long-term perspective?
Social analytics and Social CRM will emerge (active, pervasive), he said, and he differentiates this from social media monitoring (passive, reactive). I defintely agree in that point. Companies need to understand and react immediately whenever a client approaches a brand or a company how to match the data of all website and lead generation traffic stats with the CRM system in order to pro-actively supply relevant offers to them – be it on mobile, online or offline. Otherwise any competitive advantage will get lost in the future.

What is the role of brand vangelists/brand advocates in the future?
Microsoft, Intel, Oracle, SAP, Wall-Mart amongst others have already deployed brand vangelist/brand advocates for their purposes. He makes clear that by using these people brands get ahead of the 1:1 dialogue which he thinks does not work on the social web. Brand advocates make the communication programs scale, he argues – I could not agree more as I see the main ROI factor from a user perspective in the time factor.

Thank you, Jeremiah! Looking forward to catching up in 2011…

Does work still work at work?

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What is the future workplace going to be like? A question many of us have been asking themselves in the last years. Jason Fried, founder of 37signals did a great presentation at TEDtalksDirector on why work doesn’t work at work. As managers look into the future of work, some tools and techniques affect the productivity and he is asking if the Western work world is China when managers ban Facebook or Twitter. The real problems are the M&M’s (managers and meetings), Jason thinks. Managers job is not to turn up in meeting and to interrupt people. Meetings are just toxic as they are organized by managers to make people talk – and this kills creativity, productivity and spontaneity. His suggested solutions: Silence, passive communication and yes, … cancel meetings.

These are quite provocative views. As some of you are managers as well, what is your take on them and how would you make work work at work in the future?

News Update – Best of the Day

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The Social Web has it good sites and also some parts where human kind should be thinking about the communication development – especially if the language suffers from extensive and fast use of user generated content production. This brings the English Spelling Society to think about it and do some research. The result… Among the 18- to 24-year-olds the majority believed that unconventional spellings (in chats and social newsrooms) are used on the internet because it is faster and has become the norm. 22% said they would not be confident in writing an important email without referring to a dictionary or spell checker, says the research. Are self-regulation mechanisms or a change of culture the future is the question? Though “variant” spelling exists there, 31% said that alternative non-standard spellings were “unacceptable”. 66% believe that dictionaries should contain variant spellings, says the study.

I have to say that I am not a big fan of How To’s. The way Yannis Marcou wrote his tips on the use of LinkedIn for new business is worth sharing.

And finally, let’s not forget it is Thanksgiving days. Spend time with the family, real friends – switch your computer off (at least for some hours). No matter if there are funny commercials you might have not seen… Laugh in real-time!

Book Review – Marketing in the Age of Google

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When somebody used to work for Google there is a lot of knowedge to be shared. And I thought, I could learn more about SEO techniques and tactics. Vanessa Fox did work for Google (apart from inventing Webmaster Central), and so I thought, I need to read the book Marketing in the Age of Google. As a web-strategist I should know the secrets of ranking high on Google for my clients.

Getting Vanessa’s inside view on how Google and their search technology operates, gives an aggregated insight on the evolution of search topics. It is saving time and presumingly more efficient than following or reading many SEO experts thoughts. And then let’s help clients to optimize their site fropm a SEO point of view.

To write a review is a challenge. As I follow some of the most interesting SEO cracks, I knew some content topics already. But there is much more quality thoughts and knowledge in it that makes the book worth reading. If companies want to optimize their top rankings, the book offers good tactical approaches and a clear structure how to start and evolve your content strategy as well as how to conquer the top positions in Google. 

Having said this, the book is based on the theory of having a web-strategy in place that is aligned to the company’s business strategy. If your company has the consumer approach understanding the needs, desires and motivation why consumers go online to evaluate products and services, then the book is a must read.

The way people used search engines has changed in the last years as the web has become mature from an information platform to a consumer generated content base. It is not about what the company spreads but what the users are looking for and the content they share and create. People hear something about a person, a brand or a campaign and instandly start going to search for more information. Not seldomly they are finding consumer input. And often the initial search entry point starts with offline marketing, PR or customer service conversation – in print ads, TV commercials or an wallpapers.

Business that know how to connect offline and online efforts will succeed in the future. Happy that this was my main claim when I started this blog and thus gets now backed up by a Google specialist… Thanks Vanessa!
 
Spot On!
The amount of input the book Marketing in the Age of Google offers is probably only handable for a SEO specialist. And this person has to have the buy in from the C-level to manage the online strategy accordingly. A lot of the strategy is based on content creation and content framework which is a PR, marketing, HR, R&D and Customer Service topic in the future in my eyes. These departments need to learn how to place content effectively in the search world. It will affect the way peope perceive the business strategy of a company and the way the companies and brands interact with their clients, partners and employees. What I missed was the effect taxonomies and social tagging might have on search in the future but maybe this comes with the next update. 

News Update – Best of the Day

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Ecommerce is developing rapidly. And although users are said to be slow in adapting new technology, they expect their retailers to embed the latest trends and technology in their websites. As this will increase the sales potential of a business, companies should carefully listen to top 10 tactical trends by Michael Piastro which will help supercharge your ecommerce strategy for the future.

Social Media is in “at” your workplace, you said? Yes, but what does top management use it today? A new comprehensive study of more than 1000 business professionals by Pierre Khawand, Founder and CEO of People-OnTheGo shows that business decision makers manage multiple “inboxes” including Social Media. Social media is already a regular part of the work day. LinkedIn is the most popular social network. More than two-thirds (63.8%) of top management and almost three-quarters of marketing (73.9%) and sales (74.2%) respondents check LinkedIn regularly. Isn’t it interesting that private email is as popular as business email for top management? Social Media or private emails… Thinking about what might affect productivity more in the future…

Are small companies spending most of their marketing funds into Social Media in 2011? No! The use traditional websites and e-mail, says a report by online survey firm Zoomerang and GrowBiz media that surveyed 751 small firms (predominantly with less than 25 employees). The survey finds that over a quarter will spend at least 30% of their online marketing budgets on their websites, E-mail coming in second (18%). Only 10% were planning to spend at least 30% of their budgets on Social Media.

News Update – Best of the Day

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How will the future of the workplace look like? I have my views: flexible working hours, mobile offices and driving busness by networking outside of the office. Generally speaking, I love to share ideas and thoughts that I come across like these work displacements. Now that Porsche and VW (partly) banned access to social networking sites, it is interesting to see the other side of the medal. Maybe social networking becomes the main corporate sales strategy in the future. This example shows why the use of Salesforce Chatter could become an optimization of the future workplace.

The good thing about Social Media? People blog about events you could not take part in as they took place when you had meetings, where not in the country, etc. They share their new knowledge and some good case studies of social media campaigns like Juan Martinez who took part in the Social Ad Summit ’10. He tells us about the 5 Dos and Don’ts of Social Media Marketing, he learned from Aaron Shapiro, partner at Huge, Inc..#

One of the succesful modern virals was the Old Spice campaign. AdNews interviewed Isaiah Mustafa on the future of media and on becoming an internet sensation.

The Social CEO – Study offers insight in Top 50 companies

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A new study “Socializing Your CEO: From (Un)Social to Social” by Weber Shandwick found out the majority of CEOs from the world’s largest companies —64%— are not social. The definition of “not social” means that the world’s top 50 companies are not engaging online with external stakeholders. It shows us that most of them are not doing publicly visible communications activities.

93% of CEOs in the world’s top 50 companies communicated externally in traditional fashion. These CEOs were quoted in the major global news and business publications and 40% follow the tactic to participate in speaking engagements to an external, non-investor, audience.

“Strong evidence exists that CEOs are not silent in these turbulent times. They are extensively quoted in the business press, frequently deliver keynote speeches at conferences and participate in business school forums. But when it comes to digital engagement externally, CEOs are not yet fully socialized, often with good reason.” (…) “As we continue to track the rise of the Social CEO and chief executives become more comfortable with the new media, we expect that this will change and change fast.” Leslie Gaines-Ross, Chief Reputation Strategist, Weber Shandwick

The key research findings of a Social CEO were…

– Social CEOs lead companies with higher reputational status. Most admired company CEOs in the study had greater online visibility profiles than less admired company CEOs (41% vs. 28%).
– Social CEOs are multi-channel users when they engage online. 72% used more than one channel (on average 1.8 channels).
– 60% of Social CEOs were American-based companies, 12% were EMEA-based.

“There are several reasons why CEOs are not more Social. Time is better spent with customers and employees, their reputations are at an all-time low among the general public, the return on investment has not yet been proven, legal counsel tends to caution against it and anything that smacks of ‘celebrity CEO’ is a no-win. (…) In this increasingly digital age, CEOs should embrace the value of connectivity with customers, talent and other important stakeholders online. With 1.96 billion Internet users around the world, CEOs should be where people are watching, reading, chatting and listening,” said Gaines-Ross.

Spot On!
In their study Weber Shandwick recommends “six rules of the road” for CEOs to enhance their social reputation and interactivity.
1. Identify best online practices of your peers and best-in-class social CEO communicators. Then establish and stretch your own comfort zone.
2. Start with the fundamentals (e.g., online videos or photos). Inventory and aggregate existing executive communications for repurposing online.
3. Simulate or test-drive social media participation. Understand what you’re getting into before you go live. Start internally although recognize that internal employee communications spreads externally seamlessly.
4. Decide upfront how much time you can commit to being Social. It can range from once a week to once a month to once a quarter or less often. Be your own best judge of what feels right.
5. Craft a narrative that captures the attention of audiences that matter and humanizes your company’s reputation.
6. Accept the fact that Getting Social needs to be part of your corporate reputation management program. Purposefully manage your social reputation as well as your corporate reputation.

Is customer orientation and focus the strategy for a succesful CEO future, or the social approach gaining reputation? Are there other rules you would recommend? How about the efficiency topic – gaining or losing time and productivity? Either way, let us know…

News Update – Best of the Day

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A recent international survey of 2,200 mothers shows 81% of children under the age of two currently have some form of online presence — ranging from photos uploaded and shared by their parents, to a full-fledged profile on a social networking site, writes Mashable.

What is the futre of social networking? Everyone would like to know that. Social networking technology becomes more advanced and increased online activity makes more robust data sets available. Social networks are changing the way we interact, yes. But what does that mean and offer to people from a strategic point of view. Greg Satell shares his interresting insights.

Sometimes I don’t know whether commercials are creative or not. Make up your own mind about this Japanese blood pressure ad.

The way to the real-time future of marketing mix

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When you hear the term “marketing mix”, what do you think…? Pause! Think… Pause!

Does that sound familiar to you? For some of you it might. To others it blurs as they follow the hypes as new marketing topics that are shouting at them. Or did you listen to their silent tones? Isn’t it better to varify and understand the client before start creating a new marketing-mix.

Watching the latest videos on your Youtube channel, talking to “friends” on Facebook or following the latest conversations on Twitter is one thing. Drawing conclusions out of these conversations on the social web world is another. And taking actions like evaluating adwords versus email versus social network marketing or blogs versus micro-blogs) for your marketing mix afterwards is a third step.

Conclusions might also be that marketers realize that B2B people still read print preferably to online or love real face-to-face conversations. They might find out that these business decision makers think twice before they engage in conversations. Reasons might be social media guidelines or policies. Steps are needed (like social media monitoring) before you start understanding your own marketing mix could pay out (i.e. online and offline focus groups).

Other marketing opportunities have never died although social media still hypes. And there is a reason why the “marketing mix” phrase was created by Neil Borden some years ago. Not only as it is an easy to understand phrase. More as we use it in our daily business as marketers without even noticing anymore. It is in our DNA. It is a necessity. Will it ever be removed? I doubt it…

Isn’t it interesting that we never had something like “The ultimate approach to market your products and services”?

Obviously, there is none. In over 50 years nobody found one. Why that is? Well, the world is driven by human beings and their attitudes to become familiar and aware of new things is a dynamic process. Some people adapt quick, other slower. They prefer to get informed via paper. Some like online (via publisher platforms, social networks or blogs). Some still stay offline (as they are often on planes or trains). Others record TV news programs and watch them on-demand with their iPads. And then others use mobile readers or apps to stay up to date with their favorite brands.

Seeing the social hypes in our business world from an outside perspective, I sometimes get the feeling that marketers have to refocus on where users are in their “adaption of technology evolution”. And not invest all their money in one horse race. Or to use another business anology from a tactical HR point of view: Never let the whole sales team be on the same flight.

Where is the difference in marketing?
Is there one? If all your marketing budget goes on airport billboards and then an oil crisis comes up, the invest equals zero in terms of earn out. Or if you buy just one ad in a service provider catalogue on the web but the world uses Google and cannot find the provider in the first ten results, the budget might be wasted.

Some companies think investing in Twitter or Facebook saves their brands awareness in the future but forget that these sites go down once in a while. And then the data is gone or not accessible. Lucky are those who can be approached from other access points then – be it via a phone call (at most companies I am searching hours for a phone number), at an event promoted with social media maybe, at their corporate website, or the self-hosted community that is not on the popular social networks.

The cocktail of having different access points available, and those interacting with each other, is the marketing mix of the future. Although they might have a single target or focus the are aiming at, the marketing mix should be aligned to one common strategy: Engage the client.

Spot on!
As we are automizing our marketing more and more, we always have to keep an eye open which tools and trends are coming up. As technology evolves quite quickly, human beings tend to forget that they need to adapt their marketing mix accordingly. Having said that it does not mean they have to switch their marketing mix approach immediately. Watch out for the tipping point when your power buyers, your brand vangelists, start using different technology. This is the time when the “adaption of technology evolution” happens…

Nielsen study: iPad users open for ads

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When the the iPad certainly was introduced by Apple’s CEO Steve Jobs it was said to be “a truly magical and revolutionary product.” This week I have bought an iPad myself and have tried to understand what the tablet is capable as a mobile business device. I cannot really say it failed. And a new study by Nielsen asking 5.000 mobile users shows us how the iPad is delivering businesses from the perspective of a new ad platform.

The Nielsen findings from their new “Connected Devices Playbook” suggest that the iPad owners are more open and responsive to advertising than mobile users of other devices – even those of the iPhone. The study shows that iPad users are more likely to buy products after being introduced to ads. And 60% of the respondents of users across the iPad, iPhone and all other connected devices responded they were “OK with advertising if it means I can access content for free.”

The magic formula for making ads for iPad users effective are interactive features: 45% of iPad owners said they were more likely to click on ads that included multimedia than 26% of iPhone subscribers and 27% of other connected device owners. Isn’t this perfect news for the launch of Apple’s iAd platform?

What makes marketers even more happy is that iPad users indicate that they buy a product via their mobile device because of an ad. 24% of iPad users made an in-store purchase compared to 10% of those who use other devices. It seems that the iPad and other mobile devices might offer a helping hand as a revenue driver to all retailers or shop-owners. Nevertheless, we might ask the question whether this is as of the new product and the hype around it, or if this will last in the future. The final question could be how Apple will change their single app sales strategy to make the use of the iPad more cost-friendly for users.

So, who is the typical iPad user? The Nielsen study says they tend to be younger and more male than users of other devices like users of the Acer Aspire One, the Kindle, the iPhone, iPod touch or the Sony PlayStation Portable. 65% of iPad users were male and under the age of 35.

Spot On!
Sometimes it is funny when you read these studies and remember your own shopping experience. Some weeks ago, when the iPad was not even available I remember a 45 year old posh women rushing into the Apple shop. She did not even realize that the sales guy next to me was explaining the benefits of an iPad to me. She just asked when the iPad will be available, got her answer and rushed out with the same urgency she came in. The sales guy was shaking his head that day, saying some of our clients are weird. When you think about how eager she was to buy the product, I can understand that advertising is still effective… not only on an iPad.