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With brand monitoring and competitive research, a business can collect a wealth of knowledge – but then what? In “Social Media Marketing Analytics – Strategic Development, Part Four Of An Exclusive 7-Part Series,” Midure explains:

“As I tell every client that comes into our agency, when developing a strategy in the social media arena, simplicity and incremental implementation is key…Start off small and gain momentum such as building a Facebook Page. Then roll in some nice applications as tabs, develop a content calendar and possibly try some promotions such as a sweepstakes. Then dive into Twitter, look into the investment of building a blog as well a backing everything up with some Search Engine Marketing to boost visibility and traffic to your assets.”

Strategic or tactical? Maybe some of each. Jumping into the social media arena requires both.

Strategic Connections are covered in “Social Media Marketing Analytics – Strategic Connections, Part Five Of An Exclusive 7-Part Series”:

“Insights tools such as Alteiran SM2 allow you to uncover what I like to call “power users/sources” because it ranks an individual or entities “popularity/influence…Why is this important? It gives you a great understanding of how viable the user/source is in terms of making a connection. What are the benefits? Marketing effectiveness by taking advantage of the user/source’s avid network of followers/supporters.”

Power users can be ‘Joe Schmo’ with avid Twitter followers, a popular blog or celebrity, or a well-known CEO. Web statistics, like unique site visits, Tweets, or user interactions, make it possible to track how influential these power users are.

Insight tools may make finding these connections easier, but actually tapping into power users’ networks may prove more challenging. In the labyrinth of social media, tracking strategic connections can quickly turn into too many numbers with too little strategy.

Philip West

November 30, 2011

Part two of Star Group’s series on Social Media Marketing Analytics covers Brand Monitoring – a key to a business’s social media presence. In “Social Media Marketing Analytics – Brand Monitoring, Part 2 of An Exclusive 7-Part Series,” Midure explains:

“Brand Monitoring, to put it simply, is the understanding of who, what, where, why, when and how 3rd party sources or customers are referring to your brand. Brand Monitoring has become an extremely necessary and important responsibility for any business in today’s environment.”

So it boils down to a lot of data – what are customers, the media, competitors, and employees saying about you? What’s being tweeted, blogged, linked, and liked about you? When is this all happening and is it good or bad?

Competitive Research asks the same questions, just about your competitors. In part three of Midure’s series, “Social Media Marketing Analytics – Competitive Research, Part Three of an Exclusive 7-Part Series,” he notes:

“Just as you do for your own brand, it is YOUR job to be on top of what your competitors are doing, LISTEN and be attentive of what is being said about them. YOU need to be aware of what they are doing well and what they are doing not-so-well.”

Add your competitor’s brand monitoring to the mix, and all this knowledge can help identify niches, opportunities, and failures. It all comes down to better knowledge and better performance.

It’s clear that this data organized and turned into knowledge can help any business. While these strategies are not new ideas, in the Web 2.0 city that never sleeps, it is constantly becoming more challenging to round up all that data.

Philip West

November 29, 2011

In the course of seven weeks, Michael Midure of The Star Group blog is putting out a 7-part series covering all aspects of SMA. What’s up first? In “Social Media Marketing Analytics – First Of An Exclusive 7-Part Series,” Midure gives an overview of the buzz word:

“Social Media Marketing Analytics, as defined by the Altimeter Group is “The discipline that helps companies measure, assess and explain the performance of social media initiatives in the context of specific business objectives.” It also appears to be an enormous obstacle that many organizations are working hard toward understanding and utilizing in an effective strategic standpoint.”

With so many SMA ‘solutions for your business’ saturating the market, Midure points out the importance of knowing the what, why, and how of SMA and your business.

Tasked with researching which service would be best for The Star Group, Midure chose Alterian SM2. While it’s not one size fits all, he points out that Alterian SM2 and the like should provide brand monitoring, competitive research, strategic development and connections, crisis management, and social ROI.

With ‘everyone and their mother on Facebook’ and other social media sites, businesses are smart to get a pulse on their Web 2.0 presence. We’ll take a closer look at how Midure explains some of these strategies during the series.

Philip West

November 24, 2011

The venture firm, Kleiner Perkins, has put together a dream-team of sorts with Facebook, Amazon, and now Google, as strategic stakeholders behind their sFund, as explained in “Google Joins Kleiner Perkins’ Social sFund As A Strategic Partner”:

“The fund is organized around investing social startups in all industries – consumer, enterprise, health and mobile. Back in October of 2010, Zynga, Comcast, Allen & Co., Liberty Media, Amazon and Facebook all joined as investors and strategic partners. The $250 million fund makes investments ranging from $100,000 to $100 million, and is led by Kleiner partner Bing Gordon.”

So far, 16 companies found their initial boost with the sFund, including Lockerz, Erly, Rent the Runway, and Spotify. The sFund helped provide investment and “special support and networking opportunities” for the startups.

And the first to leave the sFund? Katango, a company focused on developing “social algorithms that improve people’s online social interaction.” Coincidently, Katango was just as recently acquired by Google. Perhaps the dream-team is seeing the venture firm avenue as opportunity to get first dibs on new technology acquisitions.

Philip West

November 23, 2011

In “How One Company Saved Thousands of Dogs Using Social Media,” the author briefly outlines the techniques Best Friends Animal Society used to launch the Invisible Dog Campaign.

“Most interesting, Best Friends gathers user-generated content to identify dogs that need help. It’s also planning to work with FourSquare on National Shelter Check-In Day this Nov. 12. The content, conversation and online social-sharing activity generated by this digital movement will help Best Friends save thousands of dogs by 2012.”

It’s clear Best Friends use of social media effectively helped spread their message, garner support, and make a difference. But the author’s breakdown of techniques – use hashtags constantly, drive action, and support user-generated content – may be a little lacking. Yes, all good applications for business, but maybe just the tip of the iceberg when transforming into a social business.

More on Best Friends: http://www.bestfriends.org/

Philip West

November 22, 2011

Smartphones have changed what we do from learning and reading to shopping and socializing. Now video games are getting a mobile update. In “Explorence: taking video games outdoors,” Mike Suprovici, CEO of Explorence, explains the idea:

“I grew really frustrated with all of my friends taking to video games instead of going outside,” explains Mike Suprovici, CEO of Explorence, Inc., “so we decided to start a company to make outdoor video games…We turn your phone into a Wii and you in to the controller.”

For example, the first game released is called Dash – and it’s a race. The phone game gives you audio prompts, sound effects, speed tracking, and a means to share your results with friends. You can also wager with other participants and play the game on your own time. Just one catch: you have to actually run the race, not an avatar.

It’s definitely a new take on video games, but also a new take on playing outside together. With video games often targeted by critics for perpetuating inactive youth and keeping players indoors, it’s worth it to keep an eye on what Explorence rolls out next.

Philip West

November 17, 2011

Move over Flickr, Picasa, Facebook photos, and Photobucket – there’s another kid on the crowded block: Piictu. The new iPhone app takes a different approach to the way we share photos and use them as a way to communicate. In “Piictu: communication through pictures,” Robert Scoble explains:

“Piictu creates a narrative through photography. Unlike other photo sharing tools in which users comment on photos, in Piictu, conversations are entirely photographic. Your reply comes in the form of a photo you share.”

Piictu CEO, Jonathan Slimak, equates the seemingly restrictive form of communication to the likes of early Twitter: when users are restricted at the forefront, creativity and satisfying interaction is born. With the Library of Congress archiving our Tweets as a means to record thoughts of the individual and a picture of our larger culture, perhaps Piictu is on to something.

But where Twitter has tools for the social-catalog, Piictu is not a cataloging tool, but rather “the app is meant to stimulate short specific interactions around photos.”

The development is worth watching. With so many people tied to their camera-equipped smartphones, the visual conversation can get interesting quick and perhaps become a new method of capturing our culture.

More on Piictu: http://piictu.com

Philip West

November 16, 2011

As Goodwill Industries of San Francisco, San Mateo and Marin Counties (SF Goodwill) entered its 100th year of service in the Bay Area, they decided to reach out to Socialbrite for help in becoming a social organization – engaging the community and bringing on a new generation of supporters. Their new Web site, sfgoodwill.org, is more than just an update; it’s a top-to-bottom change from a brochure-style site to an interactive center for blogging, donating, volunteering, and more.

In “SF Goodwill’s big leap forward in outreach to the community,” JD Lasica covers 10 lessons learned and how decisions were made to go social. Lesson 1:

“Go all in. A lot of organizations want to tinker at the edges but are scared of more deep-seated change. SF Goodwill seemed open to institutional change that required new approaches and new thinking about how various parts of the organization interact with the public — and across departmental silos.”

Other topics covered: creating a strategy, tapping into your community of resources, going mobile, and embracing open source.

Social media investment on the front end does pay off. Time will have to tell just how much payoff SF Goodwill reaps. Nonprofits of all kinds are smart to watch what happens with SF Goodwill and to start thinking about getting on the social bandwagon.

More on Socialbrite: http://www.socialbrite.org

Philip West

November 15, 2011

Ubiquitous smartphones are making everyone a smart-shopper this holiday season. In “Mobile Devices Changing the Habits of Holiday Shoppers,” Shopper Sciences, a retail marketing firm, recently found that 42 percent of holiday shoppers will research products before purchasing and 34 percent will be reducing their physical visits to stores as online and mobile technologies make shopping from home – or anywhere for that matter – a snap. BusinessNewsDaily reports further on the findings:

“Shopper Sciences’ 2011 Holiday Shopping Survey found that 48 percent of consumers consider their smartphone a vital tool which they plan to use during this holiday season. The company estimates that the use of retail apps that can help consumers compare prices, find coupons and even pay digitally is up 300 percent from last year.”

So what does it mean for retailers? Consumers’ use of social media and mobile devices gives retailers a channel to offer bargains straight to their Facebook followers, push deals through sites like Groupon or Living Social, text-message exclusive offers, and utilize flash sales.

Despite the poor economy, American shoppers are sure to find a way to create the holiday experience – But now it’s a new game with more mobile product research and deal hunting and less waiting in early morning lines for the hottest product.

Philip West

November 10, 2011

Dan Schawbel, a Forbes contributor and author of Me 2.0, interviews group vice president of Gartner Research, Anthony Bradley, in “How to Become a Social Organization.” Web 2.0 tools aren’t just for socialites; savvy businesses are reaping the benefits of building a community around people and their needs. Bradley explains:

“Across all business functions, organizations are finding sources of good purposes like community-centric customer support, market-driven product design, product quality collaboration, social business process improvement, overcoming sales objections, and brand propagation. They are far too numerous to list. There also are good techniques for engaging people such as social incentives, gamification, real-world event piggybacking, etc. But if the purpose is lacking, they won’t really matter.”

So what’s it to your business? Bradley argues it takes good management – not just good technology – to utilize the power of mass collaboration enabled by social media.

Facebook and Twitter are not just means to push information or market your business. With careful planning, growing a community can become a business asset and means to get a following for your purpose, build relationships, collaborate to create content and new opportunities, and tackle challenges.

Social media gives new meaning to teamwork and a way for managers to tap into the collective community.

You can read more in Anthony Bradley’s book, The Social Organization: How to Use Social Media to Tap the Collective Genius of Your Customers and Employees.

Philip West, November 9, 2011