Monatsarchiv für October 2008

 
 

Information Explosion of Social Media

Our response to Zack Brandit – Share Your Brand’s Passion forum on LinkedIn

  1. What path follows the social Media information flow?
  2. Company’s communication flow has mostly been one sided. Does social media inverse the flow starting it from the consumer side?
  3. Or does the whole dialogue process introduce a new flow which has no real source or receiver?

 

I could write a thesis on this, but I’ll try not to…

The world has changed. Until recently, organisations produced information and everyone else read it. The web was an extension of the brand and it was largely a one-way communication process, at best two-way. That is the flow to which the first question refers.

As for the second question, social media does not alter the direction or introduce a new flow, it replaces the flow with an explosion!

Now, if you want to find out about something, you are more likely to seek out Wikipaedia than to consult a corporate website. If you don’t agree with what you read in Wikipaedia, you might amend it. That will get referenced, copied and republished in other places. You will also use Google to seek out relevant forums or blogs. You might ask for information through forums as well.

In short you will seek information on your own terms and change it by publishing opinions about it as you go. You may go further and publish a tweet, a post, a comment on FaceBook etc. In this way the information evolves and moves on, perhaps now with a negative connotation.

So information placed on the web does not stay still. You can drop a comment on a blog which will tag into any number of other blogs. You can find articles, forums or comments which are blog-rolled or bookmarked from all sorts of other sites. Information finds itself being aggregated through RSS feeds into many other places on and off-line. The routes to, from and through the information become impossible to predict and track. It is not flowing from one place to another like a river in two dimensions it is exploding in all directions and not necessarily from a single central point.

Imagine the web-sphere out there as a matrix (which it is). Information can be placed onto the matrix either singley (e.g. on a blog) or plurally (blog + website + newswire + RSS + Twitter + YouTube + etc. + etc) where it automatically explodes across the matrix. It gets indexed by search engines, replicated, copied and changed, republished via RSS, picked up as topics in blogs and forums, commented on further and so on until often contradictory variations of it exist in many places at once.

If it is ‘important’ (or sensational) information the ‘explosion’ will be more powerful and the information will occupy a greater volume of this matrix and will evolve more as more people have opinions, change it and move it on.

There is no clear template for a strategic approach to managing information in this scenario. But as readers now publishers around other information, so publishers should become readers of their own information and find a way to enter into the dialogue it creates.

RBS chief stands down as Government injects £20bn

Royal Bank of Scotland chief executive Sir Fred Goodwin has resigned as the Government agrees to inject £20bn of new capital into the bank in an effort to stabilise the markets. A further £17bn of taxpayers’ cash will be injected into HBOS and Lloyds TSB.

From: http://www.marketingweek.co.uk/include/qbe/rss_latest_news.xml
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Portman Group bans ShotPak vodka

ShotPak, a vodka drink packaged in sachets, has been pulled off shelves after alcohol industry body Portman Group found the drink could be mistaken for a soft drink and may appeal to children.

From: http://www.marketingweek.co.uk/include/qbe/rss_latest_news.xml
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Heinz marketing chief takes MD role

Heinz has scrapped the role of chief marketing officer following the departure of Suzanne Douglas. She is returning to Heinz Australia to become managing director of the division.

From: http://www.marketingweek.co.uk/include/qbe/rss_latest_news.xml
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National Housing Federation calls for £193m fuel rebate

The National Housing Federation claims 5 million people should receive up to £70 in fuel rebates. It comes after Ofgem published its investigation into the energy market last week.

From: http://www.marketingweek.co.uk/include/qbe/rss_latest_news.xml
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BBH launches "own-created" brands

Bartle Bogle Hegarty is launching two new brands, created in-house by the agency’s brand invention company Zag. Pick Me, a vegetable ready-meal, has launched in Tesco and a personal alarm system called IlaDusk will debut in Marks & Spencer.

From: http://www.marketingweek.co.uk/include/qbe/rss_latest_news.xml
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Evening Standard posts solid growth

The Evening Standard was the only newspaper to record strong growth both month on month and year on year in the latest Audit Bureau of Circulations (ABC) figures for the six months to September. Times Media and Guardian News & Media newspapers also did well month on month.

From: http://www.marketingweek.co.uk/include/qbe/rss_latest_news.xml
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Steve Rubel on how blogs are changing the face of PR

Edelman’s director of insights explores the current evolution of the marketing and public relations landscape and explains why digital marketers need to focus on integration, not the latest technology fad.

From: http://www.imediaconnection.com/MostReadRSS.aspx
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3 brands with winning discount strategies

Poorly executed sales promotions can cheapen your brand. Check out these companies that have managed to preserve their value while still delivering deals.

From: http://www.imediaconnection.com/MostReadRSS.aspx
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6 emerging tech trends to watch

Brands should be on the lookout for new ways to get in front of consumers. Here’s a sneak peek at some innovative companies that want to make it easier to do just that.

From: http://www.imediaconnection.com/MostReadRSS.aspx
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