Social Media

Consumer or Prosumer? PART 2

I have been getting a lot of DM’s about the earlier Consumer or Prosumer post.  The consensus was, ok but “what do I do now if I see that I am old school’? and “How do I change it”?  First, I commend you for your honesty (more business leaders needs more humility when it comes to examining their business model and accepting that changing to a social media system is going to be disruptive to the current one in place, but it is critical) and second, you ask very good questions. 

As those of us who run businesses, we find ourselves in the most anxiety filled time in modern history; along with that, there are a couple of obstacles we have to acknowledge first before proceeding.  Today’s climate is hard on us as business leaders, with uncertainty at every turn, the complexity of adjusting to new demands, increasingly shorter product lifecycles, competition, etc., there are the facts., which can lead some to succumb to the “eat or be eaten” mentality.  Ahh – what to do???  Please step away from the ledge… slowly…. thank you.  Here are just a few helpful suggestions, to see things from the Prosumer’s perspective that may help us tweak our operation and get us on the right path without having to do a lot of heavy lifting:


Consumer or Prosumer?

Well, which is it?  How do you view customers and your relationship with them amidst this great shift in consumer behavior?

“What is the difference between Consumer and Prosumer?”, you may ask.  Is this just semantics; more Internet ‘mumbo-jumbo’ or propaganda to keep us as business owners in the dark as to where our marketing dollars are disappearing to?  You ask very good questions!

By definition, Consumer is: “One that consumes, one that acquires goods or services salesman10 thumb Consumer or Prosumer?for direct use or ownership” or put another way, “A heterotrophic organism that ingests other organisms or organic matter in a food chain.”  It’s all about the sale, who cares about the person.  Ever been on the other end of that?  Wow, what a selfish, demeaning view of our valued customers, definitely web 1.0!

Now a Prosumer is: “One who is converse to the consumer, denoting an active role as the individual gets more involved in  the process.”  That’s right, we are interested in others 1st, sharing, giving, untitled thumb Consumer or Prosumer?earning their trust.  Hmm… you mean customers have feelings?  Opinions?  They are not just mindless “organisms” who just “consumes” matter?  (Yuck – who would want one of THOSE in your store.)  You better, if you want to have a store in the near future. 


Twestival 2009

In September 2008, a group of Twitterers based in London UK decided to 2009-01-26_204250organize an event where the local Twitter community could socialize offline;  meet the faces behind the avatars, enjoy some entertainment, and tie this in with a food drive and fundraising effort for a local homeless charity.  The bulk of the event was organized in under two weeks, via Twitter and utilized the talents and financial support of the local Twittersphere to make this happen. 

Fast forward a year, and on February 12, 2009, 100+ cities around the world will be hosting Twestivals which bring together Twitter communities for an evening of fun and to raise money and awareness for charity: water.  

This is a big deal.  Today, Mashable announced a global media partnership with  Twestival to help ensure this is another success, where 100% of the funds raised from the campaign will go directly to support charity:water, a non-profit 2009-01-26_210916organization that aims to bring clean, safe drinking water to people in developing nations. This evening, SMCKC met to discuss particulars and had enjoyable time.  Thanks @joey96, @markvanbaale, and @smptoday.  (We missed you Cindy!!!)

Find a list of all the cities around the globe hosting a 2009 event at http://twestival.com/


Measuring Social Media Behavior – How?

I have been chewing on this for some time and is partially the reason why I have chosen to attend SOMA, because I want to really understand this, and I have also grown cold to much of the empty advice out there, along with all the spam I get promising me that I can “Use Twitter to make Millions Today!” or “From Facebook to Your Checkbook in 30 minutes!”, (Yuck, I am making myself sick.)

So, I was happy to see this important subject on our agenda in class last week, and we began dissecting this idea, and will further this week. 

The session started off with a truism; “What you can measure you can manage, and what you can manage get’s done.”   Obviously, we know that.  To be effective as a social media consultant, more is needed than just getting 1,000’s of people on your wall,  page views, video downloads, popularity rankings, or the number of DM’s you get each day.  It’s about measuring personal interactions, what method of user-generated content is working and which isn’t, then adjusting.  Online consumer response and market interaction is much more dynamic than the old school ways of SEO, they just don’t work. (BTW: clarification – SEO and social media – not the same thing)


PPC – Still Effective?

In my SOMA class today this subject came up and I think after considering the topic thoroughly it’s an important one to talk about.  Considering that Money Talks and many budgets (or “Google dollars”) have been frozen due to the economy and fragile financial outlook with the Dow up and down like a yo-yo,  as IM professionals, it merits some discussion so I am posting it here for your consideration.

First, we know that specifically targeted, well thought out PPC campaigns often can jumpstart a new site or service.  Second, we also agree that we have all used PPC and have had mixed results (this is important since often we are spending some else’s money). So, although PPC is important in the ppc-downtraditional SEO/SEM realm, (and despite Google’s ongoing and changing statements in support of them) CTR reports are revealing that for the dollars spent, this is not very efficient way to allocate marketing budget dollars.  Also, it’s important to know that this should not surprise us since suspicions of this are nothing new.  In fact, many who specialize in PPC campaigns have been noticing this for some time, like Don Lim who wrote a spot on article on this back in November 2007 entitled Google AdSense losing its effectiveness?!


Did Social Media Marketing Help Get Obama Elected?

If you know me well, I do not get involved with politics, nor talk about it.  This post is simply stating some facts, and the gross reality that social media is extremely powerful, and no doubt helped Obama into the White House.  Before we get into those details, I thought I would have some fun first to show how different the White House web site looks today compared to 2000.  Below are snapshots of the White House web site back in February 2000, and what it looks like today, January 20th, 2009.

What to look for?  First, take a look at this miserable, yet effective for the day, web site for the White House in 2000.  It accomplished everything it was supposed to for the day.  Amazing when you think this was only 9 years ago!  No contact us button, no interaction, just a few links, but it worked for the times.

wh2000 thumb Did Social Media Marketing Help Get Obama Elected?

Now take a look at the 2009 White House web site, you see any changes? Of course! Obama has stressed he wants a “transparent” administration, one that is based on feedback, and interaction, and had ordered the new WH site to reflect that.  So take a look at the “Social” aspects of this site, I have highlighted them in red.


Tim’s Been Accepted to SOMA!

I’m happy to announce that Tim, our social media leader here at Perspective, will be attending SOMA Leadership Class this semester beginning January 23, image thumb Tim’s Been Accepted to SOMA!2009!  He will be getting certified as an expert in the social media field and look  forward to his input into exactly how to help business leaders understand the impact (and importance) of social media, how to develop and implement a real social media solution, building and launching an online community, and much, much more.  Check out the very comprehensive curriculum here.

Congratulations Tim!  We look forward to your blogging about what your learning and helping us all become even better equipped in this exploding segment.  Tim has been dedicated to this area and is developing into one of the most sought after Social Media Experts in the nation.  Here at Perspective, we to are expanding our services and focus onto social media consulting to meet the need of business who want to be more successful in this new era.

 

Follow Tim for all the latest on this subject here on our blog and on Twitter http://www.twitter.com/twmoore or email him any questions at tim@perspectiveim.com


iPhone Killer!

This phone is going to wipeout the iPhone, it is the ultimate all-in-one device. It puts more things in the palm of your hand than you ever thought possible:

 

 Millions will have read about all the additional features of this phone tomorrow at http://www.pomegranatephone.com/ and want one.  Brilliant marketing campain, absolutely brilliant!


Social Media Changes Business Forever

 I attended a very education webinar today, put on by Xeequa.  I found it to be very helpful.  Axel Shultze, CEO, convincingly explained and showed how consumers have become increasingly resistant to traditional forms of advertising .  For us as Internet Marketers we have to learn from this as well, that we can’t any longer ‘hope’ that we attract customers with something they are rejecting in the marketplace.mill49 thumb Social Media Changes Business Forever  (Thanks again Axel for your outstanding efforts in the area!  When I grow up I want to be just like you.)

Today, all of us are getting educated through the Internet, actually the “Social Web” (whether people call it that or not), by reading blogs and IM from our mobile devices, checking our social networks, join forums, participate in groups and virtual communities and listen to the opinions and read the reviews of people we trust. An astonishingly increasing number of product or brand decisions are pretty much made before a sales process even starts, almost entirely before someone would enter a physical store or company.  We all have done our research well before that time using our Social contacts via the web and what SM tools we have grown to rely on.


We Made Tamar Weinberg’s “Best Internet Marketing Posts of 2008”

badge best of 2008 We Made Tamar Weinberg’s “Best Internet Marketing Posts of 2008”

I was thrilled to find out Tamar Weinberg included a recent post of mine in her comprehensive list of “Best Internet Marketing Posts of 2008.”  Take a look at some of the other posts, they are really good.  The post she included of mine was the one on branding yourself in a time of recession.

Who is Tamar Weinberg?  Let me tell you, if you don’t know her name, you soon will.  Awhile back I wrote a post on her and all the social media tasks she does. Primarily she is a social media consultant, then a “phenom” writer for some of the best blogs on the planet such as SearchEngineLand, and Mashable.  Oh, she also loves Schwag!

Thanks again Tamar!

:)