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Twitter vs Facebook and the fight for the crumbs…

19 03 2009

A few weeks ago, @kblucy did a quick poll in her Capstone class for students majoring in Communication – 4 out of 84 students are actually using Twitter.  They are all on Facebook or at least 90% of them. Twitter what? No, it’s just the fastest growing network these days. Maybe it’s generational. Or it’s how we use it but we see  Facebook slowly sending MySpace to a shelf and Twitter is thinking about doing the same to Facebook after refusing $500 Million from same. It didn’t  take long for Facebook to turn around and let ‘Fan Pages’ (companies, celebrities…) be able to update their ‘status’ (just came out last week) which Twitter does. Things are certainly heating up… some talk about collision.  

Have you heard of MyYearBook.com? Tagged.com?  Tumblr.com? Hi5.com? Bebo.com? … hmm, no? People have different needs, live in different places and use all those tools for different reasons. Depending on your marketing strategies, using those different platforms will have more or less returns.

I thought I’d give a bit of a run down of the different networks we use in our practice and why we use them. But before we go there,  I want to say that Personal Branding and Business Branding are colliding. Those students are increasingly growing their personal digital footprint on places like Facebook or MySpace. They will soon be working for corporations and companies. How will their personal representation affect your brand? Why bother sending a resume when you can find everyone online? If they are not online, I would be worried for you though.

Social Networks:

– MySpace: Still the largest network, your brand needs to be there and somewhat active especially if your target market is in the younger age bracket. We still see low traffic from this platform.

– Facebook: Its clean look and super organized way to manage your contacts and relationships has definitely worked wonders. It is driving good to moderate traffic, better in the consumer space.

– Linkedin / Plaxo: By nature, they were designed for more professional purposes. I find that Plaxo has been a more open platform in terms of using RSS but the traffic volume coming from Linkedin is higher. Linkedin was web-based from the start and definitely has the biggest market share. Since the fall, Linkedin allows you to update your company profile and help link personal identities. I mostly find those networks powerful to find people and be found.

– Twitter: with 812% of traffic growth, it’s still a small network but indeed posing an interesting threat. The main clue here is ‘Conversation’. Engaging in Twitter means that you can engage better with people and customers that you would not encounter otherwise. The big bonus: you can search real time conversations about products or brands… It’s a very powerful brand monitoring tool [Search.Twitter.com]  – You can also organically reach people or brands without the limitations of the Facebook fortress 🙂

– Hi5 and Bebo have been growing very fast respectively in UK/Europe for Bebo and Latin America for Hi5 but are still cumbersome platforms to use with limited RSS connectivity. As you can see, Twitter totally passed those networks during the fall of 2008.

So what now? Being on all the main social networks as a person or a brand is somewhat necessary but if you need to focus on a few only, Facebook, Twitter and Linkedin are the best bets, at least in North America.

Remember that Google Search is still your best bet for driving ‘semantic’ traffic and generating web leads to your company website. SEO (search engine  optimization) and CPC (AdSense) campaigns are good methods but you’re limited when it comes down to increasing brand trust. Blogging remains the best way to increase better qualified leads in your web pipeline.

Finally, remember that YouTube generates more search volume than Yahoo itself since fall 2008 , so if you can invest, make sure to get into video – blogging.

Cheers!

@yannr

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Social Media Marketing: The Basics

11 09 2008

Social Media Marketing… it doesn’t bite …really… it’s as respectful as you are… now rock on!

But before you start out, here are some basic ideas:

Content is KING: the best content in your industry is worth gold.
Numbers count: everyone understands that the more connected you are, the more relevant you are.
Distribution: you OWN distribution of your content, there is no barrier between readers/prospects and your company – There is no editor in chief privileging your competitor story.
It’s about being Human: We are gregarious by DNA. We like social contact and we’d rather buy stuff cos our friends told so and it is fixin’ our basic and not so basic needs.
‘It’s business, (stupid)’: If you doubt it, just look at the valuation of those puppies…. The so called Social Graph will soon have more power than any other sales force.
Authenticity rules: Be true to your brand and your customer or you’ll go to hell.

The Basics

The Basics by http://www.Extanz.com

If you want to experiment yourself, you need a blog.  No blog – you don’t exist, seriously.

Now meet the mighty graph which explains the basics of what I call an RSS Architecture….. if you like it, say so, bookmark it (funky button at the bottom of that blog). If you don’t, tell me how you would modify it.  Now we’re being social!

So what are the basic steps?
– Connect your customer-friend-ecosystem to your company brand online.
– Feed them / publish excellent content that will make them happy to have read or seen you (youtube,flickr…).
– Allow for 2 way conversation with them and respond (to what matters, not everything).

Oh YEAH! This is applicable to the following:

– A brand
– A business — small or large (larger can’t move very fast so they struggle a bit with that)
– A [true] customer centric company
– A product launch
– A message as part of your overall marketing strategy
– An individual (brand)
– Selling a house
– A political campaign 🙂
– A non profit fundraising endeavor
– A product development team

….and too many others to list…..

It is NOT applicable to:
– Spammers
– Arrogant brands
– People afraid to lose control of the message (you’re lost anyway).

Now stop thinking that Social Networking is just for kiddos who are bored…. it’s you, me and everyone else thinking stuff, buying stuff, reading stuff.

TOGETHER WE RISE. 🙂

Yann

If you like it click on the ‘add this’ button below (you’ll need a account at Stumbleupon, Digg or Delicious – this is just another marketing tactic you need to do)

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25% growth: Social Networking Explodes Worldwide

12 08 2008

With Facebook and Hi5 leading the growth, social networking is going strong – Comscore just released so very interesting data regarding social networking growth: “while the growth in new users in North America is beginning to level off, it is burgeoning in other regions around the world. During the past year, the total North American audience of social networkers has grown 9 percent compared to a much larger 25 percent growth for the world at large. The Middle East-Africa region (up 66 percent), Europe (up 35 percent), and Latin America (up 33 percent) have each grown at well-above average rates.”

While the total internet audience grew by 11%, the social networking traffic grew by 25%!

More here

Comscore June 07 08 Comparison

Comscore June 07' 08' Comparison


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