Archive for February, 2009

Building a Social Media brand takes time and PERSISTENCE

Friday, February 27th, 2009

gary-vaynercuckI just saw that Gary Vaynerchuck’s Wine Library TV turned 3-years old this week.  If you don’t know him, Gary is (arguably) one of the most successful online, social media personalities today.  He’s everywhere, both online and offline (if you go to his site, you can see all of his major media appearances).  He’s a total online success story.  He started his online life with a online video series (Wine Library TV) to educate potential customers of his family wine store about all things wine.  Since starting his little online video endeavor, he has created 629 episodes and expanded his presence to every major social media platform he could find (he’s got almost 38K Twitter followers as of today).  He Tweets relentlessly and boasts that he answers almost all the email he receives for his legions of fans.

The fact that the genesis of his online presence started 3-years ago is very interesting.  It not only shows that building an  online brand takes time (even though 3-years doesn’t sound like a lot of time…for Gary, I’m sure it feels like a lifetime), it also shows that it takes an enormous amount of persistence.  As I mentioned above, Gary created 629 episodes of his Wine Library TV show.  That’s more than 1 episode every other day…for 3 years!  That’s A LOT of work and dedication.  And while it’s easy to see now, I’m sure that during his first year, there were times that it was difficult for Gary to see the point in his efforts.

So, happy birthday Wine Library TV.  We applaud your efforts, persistence and progress.  We look forward to seeing what the next three years have in store…

DS

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The power of social media

Wednesday, February 25th, 2009

Case study on the power of social media in general and Twitter in particular. Or how a single tweet generated almost 2,000 clicks (granted the tweet was from Ashton Kutcher)

http://www.seoexpert.tv/social-networking/the-power-of-twitter.html

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Will Twitter be a major search player?

Thursday, February 19th, 2009

We have been having a very interesting internal debate lately about Twitter’s eventual business model(s).  There was an interesting post yesterday that spoke to the heart of our debate.  This post talks about Twitter challenging Google as a major player in the next generation of search.  Since I am the one writing this post, I get to offer my opinion first.  There are others on the Traackr team who disagree (quite passionately), but they will have to offer their opinions in the comments section :)

My opinion is that this post is on the money.  I have said for a while that from a user perspective, Twitter is a fun, social,  communication platform.  But from a business perspective, it’s a search platform.  There are many people that are already using Search.Twitter.com as their main search tool for all kinds of information on products, services, places to eat, people to meet, etc.  I haven’t gone completely to Twitter, yet, but I find myself searching Twitter about 10% of the time now.  That’s pretty significant.  One of the reasons I don’t use it more than that is that it isn’t that convenient.  But once they integrate search into my main Twitter interface, it will be.  And I’ll use it more and more.  And I don’t think I’m alone.

From my view, Twitter’s main value is in its searchable data.  And this is where they will eventually make their money (will they make enough to generate a $250MM valuation?  time will tell on that).

So, note to Twitter — Don’t charge corporate users — they will go away (or not sign up) and you will lose valuable content…which will lead to more searches…which will lead to more $$.  Maybe charge of API access — this will help you take advantage of the countless applications that are based on your content.  Either way, understand that search is where it’s at for you.

Note to Microsoft — why in the world would you mess with Yahoo?  Take a hard look at Twitter…

Now, I open the floor to the opposition…

DS

 

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Team Obama #1 on Fast Company’s Innovative List

Saturday, February 14th, 2009

teamobama2

Each year, the Fast Company 50 looks for enterprises that will redefine the future and point the way to a better tomorrow. This year, Team Obama topped the list of Most Innovative Companies, for the way they used technology to connect with voters better, faster, and more cheaply than ever before.

Ellen McGirt writes: “The team has become the envy of marketers both in and out of politics for proving, among other things, just how effective digital initiatives can be.  The community that elected Obama raised more money, held more events, made more phone calls, shared more videos, and offered more policy suggestions than any in history. It also delivered more votes. And it continues to act: In mid-December, house parties were held in 2,000 cities and towns to discuss how to carry on; 86% of those surveyed said they plan to provide grassroots support to Obama’s legislation.”
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Earned media vs. bought media

Monday, February 9th, 2009

There’s an excellent post by Joe Marchese of SocialVibe from last week entitled “The Future Agency Of Record Will Be Social“.

It’s a must read for any PR or marketer professional out there.

Marchese very clearly articulates the transition we’re in, moving from “bought media” (aka. ad placement) to “earned media.”  This is an era where online viewership and buzz on a brand’s new product or promotional campaign is achieved not through brute force advertising but rather through getting picked up by online communities.

He also shows how much of an open field this new market still is – and that it has yet to be claimed by the fastest and smartest communication agencies.  Each agency brings its own set of advantages and challenges to lead the transition.

TRAACKR’s experience to-date working with communication professionals shows 2 leading contenders to drive the change:

1- Tech savvy PR agencies who are learning to expand their process and reach beyond traditional media to influential bloggers (also v- and micro-bloggers).

2- New age creative agencies committed to renouncing 6 or 7 figure mass-media creative work in favor of small high impact initiatives with a strong social media component.

For most communication professionals out there, Social Media is still a niche opportunity representing a tiny portion of their budget.  Maybe the most important take away from Marchese’s article is the fact that this niche will inevitably represent all media soon. Still not convinced?  Have you searched for a restaurant on Google Maps or a book on Amazon?  What drives your decision? Ratings? Reviews? This is “earned” media: products and services with higher ratings and better reviews emerge on top.

Brands, products, and services are already being widely discussed online and people’s opinions impact business much more than any ad.

This shift represents a tremendous opportunity for marketers willing to take risks and experiment-  and a terrible threat for those who aren’t.

Read Joe’s article, then get your feet wet with social media.

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Twitter chatter during Superbowl

Monday, February 9th, 2009

Very cool visualization exercise of Twitter’s chatter during last Sunday’s Superbowl done by the NYT interactive team, combining time and space.

nytnyt-superball-on-twitter

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