Archive for the ‘Wikis’ Category

The Trend: “Alone Together.” The Trigger? Web 2.0

By Berenice Ring, Professor at Fundação Getulio Vargas

There are now 2.1 billion Internet users on planet Earth—30 percent of the world’s population! And to access the Internet, we now have countless models of cell phones, laptops, tablets, and every other wonder technology has provided us with. We can no longer live without them!

Visiting friends recently, I witnessed an interesting scene in their living room. The father, an advertising professional, worked on his iMac. The mother, an interior decorator, chose fabrics on her iPad. The daughter, multitasking on a PC, searched the Internet to do her homework and listened to music on iTunes while still logged on to Facebook. And the son played video games. All of them, no doubt, had their cell phones on. A commonplace scene, no? The question is, were they actually together in the living room?

This is the latest trend emerging all over—”alone together”—driven by advances in technology and by Web 2.0.

Trends are behaviors that define change patterns that have been building for some years and are expected to last for another many years. Is this particular trend good or bad for society? As with everything else in life, there are several sides to the issue.

MIT professor and ethnography specialist Sherry Turke published a book earlier this year entitled Alone Together: Why We Expect More from Technology and Less from Each Other. Turk argues that, instinctively, we humans still need physical proximity, noticing the lack of satisfaction and increased alienation among users she studied.

With the recent explosion of technology and social networks, we might gather that human relationships are thriving as never before! However, what Turke suggests is that we are ascribing human attributes to objects and treating each other as things. She reveals the paradoxical picture of today’s human disconnect, caused by the expansion of virtual connections on cell phones and computers.

We are indeed alone in the room, alienated from our family and everyone in our milieu. And yet, when my family took car trips before the emergence of all this Internet paraphernalia, my daughter often announced that she was going to turn on her “isolation kit” (i.e., iPod) for the duration. So I ask, didn’t our Generation Y children already isolate themselves from the family in their rooms long before all these tools appeared?

And if, on one hand, we are alone in our living room, on the other, we are more united than ever with our friends through Facebook and Orkut, to people with common hobbies and tastes through communities in which we choose to take part, and to other professionals in our industry via LinkedIn and Twitter. Moreover, technology enables us to establish joint creative connections with other individuals through wikis, like the one that resulted in the fabulous phenomenon Wikipedia. The strength of like-minded masses even elected the American president! Using a reverse approach, Foursquare was created, already boasting 10 million users, bringing people together in the physical world—in bars and restaurants, for instance—with a digital “check-in” tool that enables us to inform people we know of our whereabouts.

It is worth keeping in mind that there is also a fraternization side to this story. A viral message received by a father, for example, may become a subject of conversation with his son, and vice-versa. There is surely still much to talk about regarding the consequences of this trend for both the family and society.

And what about corporations? Companies that keep an eye on trends are always ready to draw insights from them. Those that manage to deploy these trends constructively will be better equipped to see the direction where we are going and to build potential future scenarios more accurately. Their strategies to deal with the present will have a much greater chance of success! Not only that; by arriving ahead of others in the marketplace, they gain significant competitive advantage over their competitors.

There is no doubt that great business opportunities are waiting for us—in the physical, digital, and mobile worlds.

How about you? Have you begun thinking about your digital strategy?

Embracing Social Media Measurement

By Deirdre Breakenridge, Co-Author of Cyberbranding: Brand Building in the Digital Economy

If there’s one area of marketing strategy that deserves significant attention, it’s measurement. Back in the days of traditional communications, marketers were always held accountable for the results of their campaigns. We had to know if the marketing efforts raised awareness, created consumer loyalty, and moved products off the shelves or if our initiatives helped the brand’s reputation. However, much of our measurement was based on eyeballs or impressions. How much did that advertisement cost and how many people actually saw it in their favorite magazines or heard it on the radio during their morning drive to work?

Then we morphed into digital communications and were able to target our campaigns to capture activity and sales from clicks to conversations. And we became no strangers to the terms PPC and CPM. Today, as a result of social media marketing, we are focused on conversations and participation in the social sphere. Consumers are becoming more active in their Web communities and trusting the advice and word of their peers over the brand’s messages. As a result, marketers know they need to create opportunities for brands to engage with their consumers through high levels of interaction. Of course, social media engagement can lead to any of the following: awareness, perception, reputation, education, conversations, authority, leads/sales, etc.

With so much listening, monitoring, and measuring that needs to be done, how do you select the right tools to capture the metrics that show value to the brand? How can you tell the difference between the high-level/high-value interactions versus the Facebook “like” or follower on Twitter that never leads to a product sale? I’ve found a couple of different measurement techniques that show good value for any brand that takes the time to invest in these types of measurement. They are “share of voice” and “social influence marketing (SIM) score.”

If you are unfamiliar with these two metrics, here’s a brief overview:

Share of Voice

A brand’s share of voice includes any type of brand mention, which could appear in social networks, blogs, microblogs, message boards and forums, video and photo sharing sites, wikis, etc. Share of voice lets you hear what people are saying and where they are saying it, how they perceive your brand, and what they think about it. You can compare your brand’s share of voice to that of your competitors. You can also capture those communities that have a greater share of voice, allowing you to capitalize on any brand champions speaking on your behalf by building better relationships with them as they continue to be your advocates. It’s also a good practice to evaluate any weak areas where you can create stronger ties with your stakeholders and engage in more meaningful interactions.

Social Influence Marketing (SIM) Score

The SIM developed by Razorfish supports a brand’s attempts to track, analyze, and improve net sentiment by setting benchmarks against itself and also by comparing the SIM scores to that of its competitors. The SIM score is calculated by looking at the brand’s positive, neutral, and negative mentions in relation to total conversations, both for the brand and the brand’s industry. For example, net sentiment for a brand (which is calculated by positive mentions plus neutral mentions minus negative mentions) is divided by total conversations (positive plus neutral plus negative) to get a brand sentiment score. The same calculation is used to obtain the net industry sentiment score, calculating the positive plus neutral minus negative mentions, and then dividing by total industry conversations. The SIM score is equal to the total net sentiment divided by total industry sentiment.

These are only a couple of the metrics that can be used to measure the results of social media marketing. With so many conversations to capture from our consumers and other stakeholders in Web communities, we must embrace social media measurement. Whether you are using free tools (such as Social Mention and Alterian) or automated services (including Radian6 and Sysomos), it’s critical to turn up the volume on our listening/monitoring and measurement practices and show our executives that no matter where we market, there are results, and we are accountable.