Archive for the ‘General’ Category

Slack posting

  • Wednesday Oct 28,2009 11:26 AM
  • By Abhaya
  • In General

Apologies for the lack of new content. Between work and a hospital stay it’s been slow going.

Will be updating regularly again shortly.

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I came across a set of new videos on Seth Godin’s blog.1 One of the videos, on using social networking sites for business, was particularly interesting.

With typical clarity Godin cuts straight to the heart of the matter: any networking should be about making genuine actionable connections with people. It’s the quality and depth of the relationships within a network, rather than the size of it, that makes difference in business performance.

But in the same breath B2B social networking shouldn’t be dismissed out of hand since it depends on how a business’s social networking is managed. The central issue is whether or not there’s an online networking strategy in place that can benefit the business in concrete terms. How are you measuring networking success? Do the connections you make online further your overall business objectives? Are there methods in place to leverage the fleeting contact and attention gained by initial contact through an online social network? Is your business’s social networking selective and targeted? Is there some way you can add value to the interactions you and a potential partner have online?

When someone reads your business’s profile or interacts with your content their attention, for a few moments only, is totally focused on your company’s space. It’s up to each business to figure out the best way of maximising the potential of that contact. It’s not a question of whether or not it’s possible to build an online network. Rather, it’s a question of whether or not your business has the framework in place to utilise that network in the best possible way.

  1. Retrieved August 5, 2009 http://sethgodin.typepad.com/seths_blog/2009/07/four-videos-about-noise-social-and-decency.html []
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Brand failure in the Blogosphere

The relationship between brands and the blogosphere has generally been characterised by failure. Failure to understand the nature of the dialogues that happen within online communities. Failure to respect the cultural attitudes of said communities. And failure to realise what relationship building really means within the online world.

So how can the likes of Walmart1and McDonald’s,2 with their huge PR and marketing budgets, lack the insight and strategy to effectively cope with something as straight-forward as blogging? It boils down to aims, culture and a growing consumer resistance to brand communications3 Bloggers, like most web users, want to discuss and share authentic content. Brands want to sell and promote. The two aims aren’t mutually exclusive but brands struggle to reconcile the difference because of the second reason: business and marketing culture.

Traditional offline brand management thinks in terms of media buys, sales funnels and the sort of advertorialising that ensures a brand message is repeated as many times as possible. This approach has given rise to a multitude of semi-successful-at-best corporate blogs: seldom discussed and often ignored. And if obvious promotion doesn’t work then there’s always “stealth marketing” to get around consumer resistance. The result? Well if Sony’s,4 Walmart’s, and Mazda’s5 experiences are anything to go by then it’s epic fail all the way. It’s all the more surprising since it goes against the very principles that good marketing communication is built on: Creatively synch your message to the needs and attitudes of your target market, speak the language of the consumer and you’re more likely to be listened to. But as soon as brands go online something almost always gets lost in translation.

(more…)

  1. Retrieved August 5, 2009 http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=49505 []
  2. Retrieved August 5, 2009  http://www.blogherald.com/2005/02/07/mcdonalds-outed-for-fake-typepad-blog/ []
  3. Retrieved August 4, 2009 http://www.entrepreneur.com/tradejournals/article/116672977.html []
  4. Retrieved August 5, 2009 http://adage.com/smallagency/post?article_id=113945 []
  5. Retrieved August 5, 2009 http://www.marketingvox.com/mazdas_blogviral_campaign_falls_flat-017206/ []
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Can innovation beat the downturn?

Blogging about the need for innovation during the financial crisis reminded me of an inspiring Juan Enrique TED presentation1 made earlier this year.

In the first 7 minutes Mr Enrique succinctly, and often hilariously, summarises the current financial downturn. Some of the causes and consequences of the recession are discussed and possible short-term solutions to the crisis are outlined. In the latter part of the talk Mr Enrique, a leading tech and economics expert,2 presents a fascinating insight into how innovative technologies could solve our global economic problems and radically alter how we work and live.

  1. Retrieved July 28, http://www.youtube.com/watch?v=JNcLKbJs3xk []
  2. Retrieved July 28, 2009 http://www.biotechonomy.com/juan.htm []
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US debt clock goes digital

Time's Square debt clock
Time’s Square debt clock

I just found out recently that the US Debt Clock has gone digital1. Now we can all watch the US economy haemorrhage in real time. And in case you’re wondering, US debt stands at about $11 trillion as of today.

Late last year the real world US Debt Clock was shut down. The reason? In the decade since the Clock was first launched the US has racked up over $10 trillion in debt. Ten. Trillion. That’s a whole lot of zeros. So many in fact that the Clock didn’t have enough digits to cope and had to be switched off.

The Clock was first launched in 1989 by real estate developer Seymour Durst and apart from a short period from 2000 to 2002 had seen the US debt climb from around $3 trillion to a whopping $10 trillion in 20082.

The accuracy of the Clock is debatable, US debt actually exceeded 10 trillion in 20063.  The real strength of the Debt Clock lay in what it symbolised. A stark reminder of the state of the US’s finances it received particular media attention during times of economic turmoil. For myself, the Debt Clock was one of the most interesting sights to see in New York. Set in the heart of Manhattan it contrasted powerfully with the commercial grandeur of Time’s Square. To this day I’m convinced Mr Durst, the Clock’s creator, would have made a fine political satirist had he not gone into real estate.

Of course where the US goes the UK is bound to follow: when  it  comes to the epic national debt premier league we come in a close second4, far ahead of France, our closest competition in debt.

  1. Retrieved July 23, 2009 http://www.usdebtclock.org/ []
  2. Retrieved July 23, 2009 http://en.wikipedia.org/wiki/Debt_clock []
  3. Retrieved July 23, 2009 http://www.huffingtonpost.com/john-tepper-marlin/the-us-10trilliondollar-d_b_67196.html []
  4. Retrieved July 23, 2009 https://www.cia.gov/library/publications/the-world-factbook/rankorder/2079rank.html?countryName=United%20Kingdom&countryCode=uk&regionCode=eu#uk []
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Back to blogging

After shelving my blogging efforts in the aftermath of a difficult MA thesis I find myself returning to the fold. I plan on building on my thesis work by continuing to explore digital marketing, media, business and culture. I’d also love to get some interesting discussion going too.

Researching online communities, viral spread and e-fluentials was rewarding but tricky. Armed with a background in psychology and statistics, a taste for the digital zeitgeist and a fascination for social media and marketing I attempted to pin down viral phenomena in all its glory.

During the course of the study I blogged about my investigations as a sort of record-cum-livejournal detailing the many-headed beast of a problem that viral research presented. (more…)

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