Archive for April, 2008

Tips for Marketing on the Social Web

Tuesday, April 29th, 2008 by Harry Gold

So, all the chatter about social media and user-generated content is nothing new, right? What’s new: a lot more companies of all stripes are waking to the fact that customers hang out in online gathering places and very often talk and post content about them. It’s much like what happened with search a few years ago, and business executives said, “Hey, I think this is important and there’s opportunity here.”

A lot of agencies say they know social media. In reality, they’re only buying advertising and branded pages on social sites like MySpace and Facebook. Meanwhile, other firms perform social media optimization (SMO). However, both services miss the point of what social media and user-generated content is about.

Social media marketing isn’t about optimizing or advertising. It’s about socializing!

It’s about weaving your content and messages into the social Web, making friends and fans. It also means talking to and listening to friends and fans and measuring the impact the social Web has on your business. It’s not one campaign on MySpace or Facebook with a cool page that makes a few friends and is later abandoned when the campaign’s over.

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Social Media’s Influence in the Consumer Buying Process

Tuesday, April 29th, 2008 by Harry Gold

Not only is social media rocking the marketing world in terms of brand building and growing awareness, but according to a recent report by eMarketer, social media has a strong influence on consumers in the purchase funnel.

74% of consumers agree or strongly agree that they choose a product based on information they found online; specifically, customer service anecdotes.


The source of this information varies from search engines to blogs and discussion forums, among other user-generated content web sites.


Even more interesting is the data showing exactly when consumers are looking for this information. The majority are doing social media research during early shopping research or when trying to decide between a few different products. This information shows how important brand building in the social media marketplace really is, especially for consumer brands looking to drive sales and e-commerce.


Source: eMarketer Report, 2008

Facebook Launches Keyword Measurement Tool

Tuesday, April 29th, 2008 by admin

Good afternoon everybody,

Facebook.com, one of the first and most popular social media sites, has launched a keyword measurement tool called Lexicon.

When users enter a term or phrase into the search bar, Facebook then returns a graph that counts the number of instances a word occurred on profiles, groups and walls in its network. The keyword data goes back 6 months and can be tracked to the day.

By far the best feature of Lexicon is its keyword comparison functionality. Users can compare up to 5 keywords at once. In a comparison between iPod and Zune, iPod is clearly garnering more buzz, so no surprises there.

Overall this will be a great tool to help companies better tailor their social media efforts to what people are talking about.

The Facebook Lexicon can be found at http://www.facebook.com/lexicon/

Parts of this posting were derived from http://www.marketingvox.com/facebook-launches-lexicon-tool-for-measuring-buzz-038138/?camp=newsletter&src=mv&type=textlink

- Bill Holmes