July 10, 2008 at 17:58AmberCadabraYou can also use the plurkify room (more like a chat room) here: rooms.plurkify.com/18etd Login with your PlurkID and pwd (it's safe)
July 10, 2008 at 18:09Greg Hollingsworththere is a distinct need to measure social as it relates to media.
July 10, 2008 at 18:09MackColliersaysI think the biggest source of confusion is that cos see Social Media as being marketing, and want 2 apply same metrics
July 10, 2008 at 18:09davidalstonWhen we treat it like a "media" do we lean towards the ROI measurements?
July 10, 2008 at 18:09giggeysayssomeone told me once that instead of thinking of return on investment, think about return on initiative to get the complete picture
July 10, 2008 at 18:10storyspinnertrouble is coming from the "search" background, so many clients are thinking it's about links and measuring that.. when that's not it's goal
July 10, 2008 at 18:10pritcharddesignI agree with pchaney, as well. A history needs to be created to convince clients.
July 10, 2008 at 18:10davidalstonMarketing metrics - are they more one way metrics?
July 10, 2008 at 18:10AmberCadabraI think you have to measure SM more like you to BizDev, where not every interaction is going to have a tangible vlue
July 10, 2008 at 18:10pchaneysaysin order for it to gain wide acceptance social media will have to prove its value in terms of ROI
July 10, 2008 at 18:10MackColliersaysthe prob is cos want to immediately know what they will get back, but it takes time to get quantifiable results
July 10, 2008 at 18:10MackColliersayslike it took Dell 2 years to see blog mentions fall so dramatically that they could tell their SM efforts were working
July 10, 2008 at 18:11BarbaraKBhasfound *vital* to determine measurement standards from start. Not always easy to establish. Try to keep simple.
July 10, 2008 at 18:11AmberCadabraand how do you mollify a CMO that wants impact right now?
July 10, 2008 at 18:11davidalstonsocial media = relationships = time to develop ?
July 10, 2008 at 18:11storyspinnerso to a degree, the measurement, someone needs to be a cross between PR measuring & web analytics
July 10, 2008 at 18:11Greg HollingsworthThe issue I see most often is trying to define SM in terms of direct marketing, it has to be able to show something in terms of ROI
July 10, 2008 at 18:12MackColliersaysright, you make money with social media INdirectly, not directly. Many cos can't wrap their heads around that
July 10, 2008 at 18:12pchaneysaysyep, sm is not a "campaign," but an ongoing conversation. Got t b n it for the long term.
July 10, 2008 at 18:12storyspinnererr.. somewhat needs to be (in my last plurk)
July 10, 2008 at 18:12nowsourcingsaysgreetings all. My updates aren't showing up in the Plurkify room
July 10, 2008 at 18:12AmberCadabradavidalston YES. but then it's "ok how much time, and then still, how do you show me success"
July 10, 2008 at 18:12contrapuntistagrees with MackCollier most clients expect results ASAP, when they don't see results right away, frustration builds
July 10, 2008 at 18:12davidalstongood point Mack - Barbara - what are some of the standards you use?
July 10, 2008 at 18:12MackColliersaysif used properly, SM leads to more connections with customers, more feedback, which means more efficient (costs less) marketing
July 10, 2008 at 18:12pritcharddesignabsolutely. Companies want instant results. Social media is long term.
July 10, 2008 at 18:13AmberCadabranowsourcing seems to be an issue there. we've all headed for the plurk page
July 10, 2008 at 18:13pierrefarsaysWhat about trends? If we can't use the absolute numbers, we can at least look at how they trend over time.
July 10, 2008 at 18:13MackColliersayscos want to think of social media as being marketing channels to monetize, not as communication channels
July 10, 2008 at 18:13contrapuntistthe "indirect" impact MackCollier mentions is one reason why some orgs think SM is a waste of time
July 10, 2008 at 18:14Greg Hollingsworthsaystrying to convince old school direct marketers of the value of social media can be very difficult in my experience
July 10, 2008 at 18:14karenswimsaysmy posts were not showing up in plurkify either
July 10, 2008 at 18:14Greg Hollingsworththinksthat to do so you have to create very malleable goals that your SM cam[paign is trying to reach
July 10, 2008 at 18:14AmberCadabraI think like making money from SM, other results are more indirect
July 10, 2008 at 18:14karenswimsayscontrapuntist the indirect is why some orgs don't "get" much of marketing
July 10, 2008 at 18:14AmberCadabrashorter sales cycle, maybe. more repeat clients/referrals. better customer service feedback.
July 10, 2008 at 18:15Teegthinksit's like Connie said once, How do you measure the usefulness of company get togethers?
July 10, 2008 at 18:15pchaneysaysMackCollier - Can't it be both? "Markets are conversations"
July 10, 2008 at 18:15TeegsaysSM is just as useful (or more) and just as hard to measure accurately.
July 10, 2008 at 18:15potsiesaysstoryspinner - it may be about links for some clients. Measuring social media means different things for different clients.
July 10, 2008 at 18:15karenswimsaysGreg, agreed or you are aiming at unclear target and effort is not results
July 10, 2008 at 18:15LaShaesaysdirect marketers want immediate roi - what is immediate about SM
July 10, 2008 at 18:16sweet2685So, how do you convince clients that SM will give them positive results?
July 10, 2008 at 18:16karllongisi think the problem is that social media has such a broad scope and affects so many aspects of business
July 10, 2008 at 18:16danalookadoowantsto understand how to capture data on relationships. And does anyone want to feel their relationship is being measured?
July 10, 2008 at 18:16karllongisSM in the context of new product development very different than PR around a product launch
July 10, 2008 at 18:16Greg Hollingsworthwisheshe could get DM people to understand that SM is the ultimate form of one-on-one direct marketing
July 10, 2008 at 18:17AmberCadabramaybe it's a goalsetting issue: not understanding really what the endgame should be from your efforts in SM aside from just revenue.
July 10, 2008 at 18:17contrapuntistthinksthere needs to be a greater differentiation between engagement versus making the sale
July 10, 2008 at 18:17karenswimsaysas we blend the disciplines of SEO, SMO and SM it becomes more complex
July 10, 2008 at 18:17davidalstonsweet2685 - convince them it's more about relationships than marketing (hard to do but key)
July 10, 2008 at 18:18DaveWebbsaysHowdy all, a little late.
July 10, 2008 at 18:18pritcharddesignthinksSM is also potentially more effective purely due to access to people who are listening!
July 10, 2008 at 18:18MackColliersaysPaul when you try to directly monetize SM, you run into probs, IMO. Have to provide value first, then connections come and then money
July 10, 2008 at 18:18ConnieasksDavidAlston How can monitoring/measuring tools like Radian6 help us convince clients of the value of SM?
July 10, 2008 at 18:18storyspinnerdefining what the "R" is of the "ROI" is the true issue when it comes to social media
July 10, 2008 at 18:18Greg HollingsworthKaren, exactly. I had to figure ways to define success out of the normal CPA acquisition targets we run on
July 10, 2008 at 18:18AmberCadabrai don't understand why many folks embrace BD as relationship building, but not SM
July 10, 2008 at 18:18sschablowasksis customer satisfaction and loyalty a metric that has short term results that corp types understand?
July 10, 2008 at 18:19potsiesayssweet2685 Define "positive results" with the client. How do they define success - more visitors, sales, links, etc.
July 10, 2008 at 18:19Teegthinksyou also have to convince them that relationships are important, David
July 10, 2008 at 18:19Greg HollingsworthSM in marketing bears more resemblance to PR than to standard marketing, it's this shift that is hard to sell sometimes
July 10, 2008 at 18:20giggeysaysit's about relationships and can't put a price on the real relationships.If you build them with $$ as a bottom line, they aren't as valuable
July 10, 2008 at 18:20bhamlibbyasksis social media similar to general branding by way of measurement? hard to quantify, but also crucial to engaging public perception.
July 10, 2008 at 18:20davidalstonconnie - mapping out influencers, tracking effectiveness of outreach over time, showing share of brand buzz vs. competitors etc...
July 10, 2008 at 18:20karenswimsaysAmber I honestly believe it is the labeling itself that delivers the perception
July 10, 2008 at 18:20BarbaraKBsays(need to leave. phone socnet fire - yikes!)
July 10, 2008 at 18:20ConnieGood point, Greg, about SM and PR in contrast to traditional marketing.
July 10, 2008 at 18:20pchaneysaysmackcollier - I misspoke with last statement. I'm not thinking of marketing specifically in DM terms.
July 10, 2008 at 18:21Greg Hollingsworthsschablow, it depends on how the client already measures those things, it may be, but not an easy sell
July 10, 2008 at 18:21karenswimsaysif it were called BDM, people would not immed dismiss as a "time suck"
July 10, 2008 at 18:21potsiesaysthepunk So true. Coming from the PR side, some of our clients probably think "that's an ad/marketing function..."
July 10, 2008 at 18:21davidalstongood point karenswim - we are starting to refer to social media as the social web (dropping the media)
July 10, 2008 at 18:22AmberCadabrakarendavidalston but i almost think its the "social" that's the problem, not the "media"
July 10, 2008 at 18:22Connieagrees that the term social media has been a sticking point for many.
July 10, 2008 at 18:22Greg Hollingsworthit doesn't matter what you call it, DM people still want hard measurable stats that tell them what they're getting out of it in $
July 10, 2008 at 18:22AmberCadabra"social" has a casual connotation that undermines its credibility in the business world
July 10, 2008 at 18:22davidalstonWhat would you measure other than ROI?
July 10, 2008 at 18:23pchaneysaysAs to need for SM, if our customer base is there (think Forrester technographics) how can we not be, regardless of direct monetary benefit.
July 10, 2008 at 18:23pritcharddesignthinksmany marketers are also waiting to see if social media (web) will end up being more than a buzz word.
July 10, 2008 at 18:23Greg HollingsworthI think for many DM people they equate social media with social networking and see it as an ad space and little more
July 10, 2008 at 18:23ConnieI remind ppl that "social" simply refers to people as opposed to "computer". They understand computer networks. Social media is people net
July 10, 2008 at 18:23MackColliersaysbut at the same time, the term 'social media' is what everyone is used to. If you change it, then it confuses and dilutes meaning IMO
July 10, 2008 at 18:23pritcharddesignthinkswe know it already is
July 10, 2008 at 18:23MackColliersaysa lot of people hate the term 'web 2.0', but everyone is used to it, why change boats now?
July 10, 2008 at 18:24giggeysaystone of the conversation, like ideastorm...number of new ideas
July 10, 2008 at 18:24AmberCadabracontrapuntist i mean in the term "social media", it's the "social" part that throws people off
July 10, 2008 at 18:24sschablowsaysGreg Hollingsworth good point. Most of my clients do at least an annual brand awareness study. Only a few do cust satisfaction
July 10, 2008 at 18:24danalookadoothinksstoryspinner has point about R of ROI. R should be redefined - Relationships, Opportunity, Investment
July 10, 2008 at 18:24Conniesayspchaney raises a good point. What is the cost of NOT being in the social media/web space?
July 10, 2008 at 18:24pritcharddesignthinksthe business world needs to catch up with the people.
July 10, 2008 at 18:24davidalstoncertainly it mostly describes "online conversations" IMO
July 10, 2008 at 18:24AmberCadabramackcollier I don't think we need to change the term, i think we need to redefine what "social" means in this space
July 10, 2008 at 18:25pchaneythinksthat he prefers the term "conversational media" better.
July 10, 2008 at 18:25davidalstondanalookadoo - very nice - sounds like a great future blog post
July 10, 2008 at 18:25ConniesaysOr should we change the I of ROI. Return on involvement.
July 10, 2008 at 18:25AmberCadabraconnie it depends on if your community is there or not. But if they are, you'll be left behind because your competitors are doing it.
July 10, 2008 at 18:25Teegthinksyou have a good point AmberCadabra
July 10, 2008 at 18:25MackColliersaysConnie that's the prob, many cos wont bother with SM till they see a competitor makin hay with it
July 10, 2008 at 18:26giggeysaysjowyang has a post today about the differences between social media and communities...there's another term for us
July 10, 2008 at 18:26potsiethinksconsumer generated media morphed into social media will morph into another term...
July 10, 2008 at 18:26ConnieMack, that means we need more case studies to show SM successes.
July 10, 2008 at 18:26AmberCadabraage old issue of be a trailblazer or a follower. but being a trailblazer carries risk of failure, which turns companies off.
July 10, 2008 at 18:26Greg HollingsworthCommunity Building is the best description I can think of to describe how SM can be used as a marketing tool
July 10, 2008 at 18:27karenswimsaysdavidalston online conversations but also reputation/brand mgmt
July 10, 2008 at 18:27TelemillMarkCollier hits the nail on the head with this issue.
July 10, 2008 at 18:27Greg HollingsworthSM is about community, trust, transparency and engagement. These are all things that good companies should be willing to embrace
July 10, 2008 at 18:27pchaneysayswe need to send copies of GroundSwell to every CEO!
July 10, 2008 at 18:27Teeggiggey he also has one on the importance of conversation. LOL I don't think he appreciated my comments on Twitter.
July 10, 2008 at 18:28AmberCadabraagrees that we need to get vigilant with capturing and sharing case studies among this community
July 10, 2008 at 18:28karenswimsaysagree with connie more case studies are needed
July 10, 2008 at 18:28ConnieGoes back to similarity with PR - SM helps build good will. Cannot easily measure that, but you know when you don't have it.
July 10, 2008 at 18:28TelemillUntil there are 'examples', clear examples of companies using social media for gain, there will always be this issue.
July 10, 2008 at 18:28AbleReachsaysI like connie's Return On Involvement
July 10, 2008 at 18:28MackColliersaysright, I am sick of talking about Dell
July 10, 2008 at 18:28pchaneysaysthe Groundswell is replete with case studies.
July 10, 2008 at 18:29karenswimsaysLike return on involvement connie!
July 10, 2008 at 18:29ConnieGroundswell is a great resource.
July 10, 2008 at 18:29potsiefeelsthepunk is right, but it's more than building communities - it's also listening/monitoring to gauge interests/likes/dislikes. Listen first
July 10, 2008 at 18:29TelemillI think its also an issue of education. College courses are remiss in teaching students the "need" the true effectiveness of networks.
July 10, 2008 at 18:29MackColliersayspaul I thought it was very interesting how in Groundswell they broke down exact cost and money that GM made from its blog in first year
July 10, 2008 at 18:29Greg Hollingsworththe problem with case studies is that they can't be readily applied across industry segments
July 10, 2008 at 18:29AmberCadabraconnie you're onto something there. maybe it's not measuring the "what do we get" but "what are we missing if we don't"
July 10, 2008 at 18:29davidalstonwhat are some good examples of companies listening and engaging in social media?
July 10, 2008 at 18:29karllongisyeah, that and the Cluetrain, and Here Comes Everybody
July 10, 2008 at 18:29danalookadoowantsto know if there is a good way to explain SM without using terms we, the insiders, use. Layman's explanation?
July 10, 2008 at 18:30TelemillSeriously, if we looked at companies and individuals that we deem successful . . . what do they have that others don't?
July 10, 2008 at 18:30Greg Hollingsworthsorry, I meant across *all* industry segments, thus they aren't always useful
July 10, 2008 at 18:30AbleReachasksis sm more like the networking behind the scenes of face to face marketing, in that you need to know what's happening w/audience & friends
July 10, 2008 at 18:30TelemillControl of a network.
July 10, 2008 at 18:30Conniehasanyone tried to use Stowe Boyd's formula for Conversation Quotient? It looks at comments/trackbacks in ration to # of blog posts.
July 10, 2008 at 18:30AbleReachasksand audience/friends need to know what's going on with you? (unlike straight SEO)
July 10, 2008 at 18:30karenswimsaystelemill agreed however think of other mktng efforts such as trade shows not always a 1:1 but cos understand need 2 participate in key shows
July 10, 2008 at 18:30AmberCadabraGreg in literal terms, maybe not, but we need to help companies understand the undercurrents that exist regarless of industry
July 10, 2008 at 18:31karllongthinksPlurk needs threading, that would make this much more usable for long discussions like this
July 10, 2008 at 18:31MackColliersaysi polled my blog readers a couple of weeks ago, the content they most wanted to see was social media case studies
July 10, 2008 at 18:31MackColliersayseveryone wants to see the potential quantified
July 10, 2008 at 18:31Beth Hartesayshi all, furiously reading....
July 10, 2008 at 18:31Greg HollingsworthAmberCadabra agreed, there need to be more readily accessible success stories
July 10, 2008 at 18:31davidalstonaskscan you measure the importance of listening? OR is it the essence of what all biz's need to be doing?
July 10, 2008 at 18:32MackColliersaysI think if Dell can ever directly tie a concrete growth in sales/business back to social media, that it will be huge
July 10, 2008 at 18:32sschablowsayseven the best case studies I've seen use involvement as the metric for success. Hard to convince corp to invest $$ w/o business case.
July 10, 2008 at 18:32AbleReachasksSEO relates to dominating a search result & demonstrating trust, not so much in a relationship that will make people search for YOU
July 10, 2008 at 18:32giggeythinksthat once we see more empirical research in academic journals we'll have a better case. Need objective, empirical research
July 10, 2008 at 18:32DaveWebbMe too, bethharte. Trying to keep up. Plurk not refreshing live for me.
July 10, 2008 at 18:32MackColliersaysand I know about dell outlet on twitter, i am talking about showing how their spending time interacting in this space = %growth
July 10, 2008 at 18:32pchaneysaysdavidalston - not including Dell, there's Natl. Comp. Cancer Network
July 10, 2008 at 18:33ConnieDell can point to approx. $500K in direct sales from their Twitter account.
July 10, 2008 at 18:33AmberCadabradavidalston i think that's preaching to the choir, here. two ears one mouth and all that.
July 10, 2008 at 18:33seerysmsaysmy focus is on employer branding and we assess & monitor the # of and tone of SM mentions related to a company and employment
July 10, 2008 at 18:33sschablowsaysdavidalston good point on 'listening'. there are good cases of co's that listen and provide new/better prod/svcs that became profitable.
July 10, 2008 at 18:33TelemillMackCollier and there lays the problem. The method is really "too new" to have a variety of case studies that would satisfy their need
July 10, 2008 at 18:33karllongsaysmackcollier the content and examples are out there Dell, Threadless, Yelp, Fiskerters lots of case studies
July 10, 2008 at 18:33MackColliersaysConnie, if they can ever point to sales from Richard and Lionel being on Twitter, then we have something HUGE
July 10, 2008 at 18:33Telemill. . . for undeniable "proof"
July 10, 2008 at 18:33danalookadoowantsto know if someone has put together SM case studies? Zappos is awesome. WholeFoods sharing food info on Twitter.
July 10, 2008 at 18:34potsiethinksyes, you can davidalston Show companies how they missed opportunities by not listening. Show them traffic #s on boards that matter.
July 10, 2008 at 18:34AbleReachasksso SEO = research serps, & sm = influencer of decisions that come after or parallel to research.
July 10, 2008 at 18:34karenswimsayswhat about Zappos?
July 10, 2008 at 18:34Greg HollingsworthSouthwest has done a fair job using the space, but I don't know if they could tie revenue to it.
July 10, 2008 at 18:34ConnieNOTE: You will probably have to manually refresh your Plurk timeline or the Plurk page. www.plurk.com/p/18etd
July 10, 2008 at 18:34AmberCadabrasschablow I think the issue is in convincing the companies that they NEED the involvement. Many don't think it's necessary.
July 10, 2008 at 18:34karllongsaysI think the issue is cultural, in a big company the people responsible in PR and Mktg are the most threatened by loss of control
July 10, 2008 at 18:34davidalstonasksmackCollier - Dell rev up 20% EPS up 29% but still need to find the "tie" to social media
July 10, 2008 at 18:34seerysmsaysand then we look at how that changes over time (the number and tone) as participation increases
July 10, 2008 at 18:34MackColliersaysand speaking of Zappos, its great that they are all over twitter, now how has that increased sales? we all think it has, but numbers?
July 10, 2008 at 18:35Greg HollingsworthI know H&R Block claims to have seen a boost from their efforts, although I find it hard to believe they saw a significant increase
July 10, 2008 at 18:35MackColliersaysDavid, exactly! We *think* their being in SM is working, but we need proof to convince the naysayers
July 10, 2008 at 18:35ConnieMack, how can you tie a great story in WSJ about your product to bottom line impact of sales? Same with SM.
July 10, 2008 at 18:35davidalstonamberCadabra - funny eh - companies would never question "involvement" with incoming phone calls
July 10, 2008 at 18:35karllongsaysdavidalston look at the amount of ideas on ideastorm over the course of time, tie that to rise in EPS
July 10, 2008 at 18:36pchaneysaysGM Fast Lane blog was as much about listening as speaking.
July 10, 2008 at 18:36giggeythinkswe need to make the leap from correlation to causality. We have examples of succesful Cos, who also use social media.need to prove causality
July 10, 2008 at 18:36MackColliersaysnaysayers say 'show me the money, or shut up'
July 10, 2008 at 18:36DaveWebbI agree, Amber. There has to be a demonstration of value. Common ROI metrics don't always do that
July 10, 2008 at 18:36AmberCadabrathe prob is, the path of community back from SM channels to the company can be a winding one
July 10, 2008 at 18:36MackColliersaysConnie good point
July 10, 2008 at 18:36sschablowsaysH&R Block has stated that they are in SM for the long haul as a long-term strategy to build younger client base.
July 10, 2008 at 18:36Beth Hartesayskarllong those mktrs and PR folks need to learn that they lost control long ago.
July 10, 2008 at 18:36karenswimsaysmack w/Zappos I also wonder if the twitter participation has + impact on employee value which leads to greater customer satisfaction
July 10, 2008 at 18:37davidalstonmackCollier - perhaps further integration of social media into all aspects of biz and systems can track the ties.
July 10, 2008 at 18:37contrapuntistwonders if the tie between SM and link to $$ is integrating as a support for other marketing efforts
July 10, 2008 at 18:37AmberCadabradavidalston no kidding. but they don't want their customers necessarily giving them feedback, just sales
July 10, 2008 at 18:37pchaneysaysI think it's undeniable that retail sites that have ratings and reviews exp. bump in traffic, engagement and....sales.
July 10, 2008 at 18:37MackColliersaysDavid good point, like does letting employees use these tools increase morale?
July 10, 2008 at 18:38ConniethinksPR missed the boat by not taking the lead in SM. They are more accustomed to measuring "soft" benefits of their work.
July 10, 2008 at 18:38Greg Hollingsworthsschablow, that's true. But they're approaching it with a definite DM approach, they're not listening unless they hear certain words
July 10, 2008 at 18:38Telemillsschablow points something out that is a problem in the US, well a problem with corps in the US -- long-term strategies
July 10, 2008 at 18:38MackColliersaysI am loving the discussion guys, great stuff!
July 10, 2008 at 18:38denise205askskarenswim, so is the measurement we need one of customer satisfaction?
July 10, 2008 at 18:38AbleReachasksremember those phone company ads where a busy signal symbolized losing business? We need a pr campaign like that for SM
July 10, 2008 at 18:39TeegsaysI wonder how many companies look at newspapers and say using SM didn't help them, why should we expect it to either.
July 10, 2008 at 18:39TelemillUS corps are notorious for not engaging and taking seriously -- long-term strategies.
July 10, 2008 at 18:39davidalstonmackcollier - or if someone is looking to buy "x" and you reach out and connect and end up with sale (tying this to the outreach)
July 10, 2008 at 18:39AmberCadabraconnie you're so right. the irony is that my newest client is a PR firm because they now realize they've been left behind
July 10, 2008 at 18:39Greg HollingsworthGreat point Connie. I've been trying to convince our PR people to get on board for over a year. Its as if they resent SM at this point
July 10, 2008 at 18:39ConniesaysContrapuntist has good point about seeing SM as *support* for other marketing
July 10, 2008 at 18:39potsieConnie PR folks use ad equivalency to bring some sort of measure to WSJ stories and the like. Not perfect, but it's a $$ figure to report.
July 10, 2008 at 18:39karenswimsaysMackCollier and increase that connection they feel to the "value" of their job which is proven morale booster
July 10, 2008 at 18:39TelemillThis is why Toyota is #1 now, because they make it company CULTURE to think 40 years down the line. Not tomorrow, not 5 years from now, 40.
July 10, 2008 at 18:39AmberCadabrathinksi have my hands full with this recap! LOL
July 10, 2008 at 18:40potsiethinksConnie needs to check out some of the PR-lead SM projects that are out there. Plenty of PR "gets" SM and uses it well.
July 10, 2008 at 18:40Greg Hollingsworthgood point Telemill. However, it's easier to plan long term when you have coffers the size of Toyota's
July 10, 2008 at 18:40AmberCadabrapotsie I'd love to see those. Do you hav examples?
July 10, 2008 at 18:40DaveWebbTeeg re:newspapers True to those who don't get it, but no so for those who do.
July 10, 2008 at 18:41karenswimsaysTelemill yes, yes! Focus on long term just as you do with your $
July 10, 2008 at 18:42ConnieSHIFT communications is another example of PR company using social media tools.
July 10, 2008 at 18:42MackColliersaysbut I think as companies hire more younger workers that are more familiar with social sites/tools, cultures will become more open
July 10, 2008 at 18:42TelemillGregHollingsworth, see? That's the US thinking I was talking about. The funny part of that is they BEGAN with long-term thinking.
July 10, 2008 at 18:43DaveWebbCase for newspapers - mommy bloggers have had huge impact on Cincinnati Enquirer
July 10, 2008 at 18:43davidalstonconnie - good question - point to consider with SM is that it's more like 2 way communication device than a media. U agree?
July 10, 2008 at 18:43giggeythinksThornley Fallis another PR example
July 10, 2008 at 18:43pchaneysaysconnie and ad agencies even slower.
July 10, 2008 at 18:43ConnieWhen it comes to "impressions" to measure PR, that's where tools like Radian6, or even the standard Google Alert, can help quantify SM.
July 10, 2008 at 18:44Greg HollingsworthIn my specific case, the issue has been trying to impress on DM folks the importance of brand expansion through SM as cost effective
July 10, 2008 at 18:44contrapuntistpotsie what I am talking about is allowing a word of mouth strategy to dictate communications planning
July 10, 2008 at 18:44bhamlibbythinksfrom what i've heard/seen on the whole, most ad agencies are making SM part of PR.
July 10, 2008 at 18:44pchaneysaysto reflect on davidalston 's question earlier SM has given us the ability to make listening an art and science.
July 10, 2008 at 18:45contrapuntist... that means incorporating all other marketing elements which include SM and PR and all others
July 10, 2008 at 18:45Conniedavidalston, agree that SM is 2-way rather than tradtl. media.
July 10, 2008 at 18:45AmberCadabracontrapuntist Do you mean allowing the community to lead your strategy and allow it to evolve based on them?
July 10, 2008 at 18:45epodcastersaysI'm late to this, but I have to agree with connie. The I is Involvement. Getting business to understand this is key
July 10, 2008 at 18:45DebInDenversaysI am giving up. I wrote a number of PR related plurks and none of them showed up in the thread. Look forward to the recap.
July 10, 2008 at 18:45pchaneysaysand listening is the basis for everything else. Hence, if nothing else, SM has a place there.
July 10, 2008 at 18:45Greg HollingsworthIn my specific case, the issue has been trying to impress on DM folks the importance of brand expansion through SM as cost effective
July 10, 2008 at 18:46contrapuntistno.. there is disconnect between SM and all other disciplines
July 10, 2008 at 18:46giggeythinksit still comes down to obj of research. Lots of whitepapers and case studies from vendors. Great start, now we need more
July 10, 2008 at 18:46AmberCadabrabhamlibby but on the same front I see a lot of ad agencies using it to push content, but not to drive their clients to engage
July 10, 2008 at 18:46Greg HollingsworthIn my specific case, the issue has been trying to impress on DM folks the importance of brand expansion through SM as cost effective
July 10, 2008 at 18:46contrapuntistwhat I mean is think about how SM as a tool supports what you hope to achieve
July 10, 2008 at 18:47Greg HollingsworthSM is about engagement, and Amber is right, too often it is used to push content, not to start discussions
July 10, 2008 at 18:47Conniegot logged out somehow. Plurk has the hiccups.
July 10, 2008 at 18:47davidalstonThings you can measure are social dynamics on posts (comment count, views, unique commenters, level of engagement) and relationships2 others
July 10, 2008 at 18:47sschablowsaysChris Brogan and his guest now talking about SM and ROI in webinar.
July 10, 2008 at 18:47davidalstonconnie, I was also booted out. Back now.
July 10, 2008 at 18:47epodcastersaysevery business wants raving fans. SM is the way to not only find them but to connect with them.
July 10, 2008 at 18:48DaveWebbdavidalston agree that it is more like 2-way communication, but also is means of distribution.
July 10, 2008 at 18:48Conniecontrapuntist if I understand right, your point is that SM is distinct from all other disciplines in that it exists to support them?
July 10, 2008 at 18:48Greg Hollingsworthanother part of the problem is the integration of DM into SM spaces (e.g. Beacon on Facebook)
July 10, 2008 at 18:48davidalstonsschablow - lets do a cross platform connection to them - that would be cool.
July 10, 2008 at 18:48epodcastersaysSo perhaps the Return on Involvement is the discovery of the raving fans?
July 10, 2008 at 18:48davidalstongreg Hollingsworth - tell us more...
July 10, 2008 at 18:49Greg Hollingsworthdoesn't SM have to be 2-way communication to be SM? One person speaking to an empty room isn't very social
July 10, 2008 at 18:49Teeggot logged out too, Connie. Not sure what's going on with it.
July 10, 2008 at 18:49ConniePlurk is updating API and we may experience some technical difficulties. If necessary, log back in & go here: www.plurk.com/p/18etd
July 10, 2008 at 18:49bhamlibbyAmberCadabra, that's def. true, I think many are using old techniques just puttin them in 'new media', which doesnt work.
July 10, 2008 at 18:49davidalstonepodcaster - "the longtail" and influencer discover process is very valuable to any brand
July 10, 2008 at 18:49potsieagree contrapuntist but some companies aren't ready for it. Use WoM to learn interests if customers and then fold back into programs
July 10, 2008 at 18:49karenswimsaysI'm back in are we still live?
July 10, 2008 at 18:50Greg HollingsworthI work for a small company that exists solely due to DM, we can't afford traditional "brand advertising"
July 10, 2008 at 18:50storyspinnerthought that logging out was just me..
July 10, 2008 at 18:50MackColliersaysor is it Return on Interaction?
July 10, 2008 at 18:50TelemillNo, plurk had problems we all got booted.
July 10, 2008 at 18:51Greg HollingsworthSM has the ability to be a very cost effective form of brand advertising (minus the advertising portion)but they still see it in terms of DM
July 10, 2008 at 18:51contrapuntistconnie my point is that because many orgs don't get it, perhaps thinking of it as a support for other activities might help biz understand
July 10, 2008 at 18:51ConnieMack, I said Involvement, but Interaction is another good word.
July 10, 2008 at 18:51TelemillWait, wait . . . let's go back to the "engaging" statements. The 2-way communication idea.
July 10, 2008 at 18:51MackColliersaysshould we call it Return on Interaction?
July 10, 2008 at 18:51davidalstonGreg, many other companies (Radian6 included) have primarily relied on SM and WOM for the same reasons to build their brand.
July 10, 2008 at 18:52TelemillDo you think THAT is the fear? This is a 2-way communication, that companies really don't want to "engage", they just want to
July 10, 2008 at 18:52contrapuntistconnie has the distinct advantage that traditional media doesn't you can track response to what ever is out there
July 10, 2008 at 18:52sschablowsayscare to try and measure interaction? Quality of experience, time spent, attitude change?
July 10, 2008 at 18:52pchaneysaysin trad. media marketing ROI stands for "Return On Interruption"; now, that's not working so well.
July 10, 2008 at 18:52Greg Hollingsworthbut the more DM programs SM sites put it into place, the more it muddies the waters for DM folk, who see it as DM and not as engagement
July 10, 2008 at 18:52contrapuntister. Meant to say SM has the distinct advantage
July 10, 2008 at 18:52giggeyhasto head out...thanks all!
July 10, 2008 at 18:52Telemillquickly make the product/service and move on to making more money. Because when you say 2-way, engagement, relationship that DOES
July 10, 2008 at 18:52LaShaesays@ dave more than just 2 way communication it's a way to find out what needs to be *distributed* ie what information r those talking, missing
July 10, 2008 at 18:52epodcastersaysMackCollier: Yes it is. ROI in the "Web 2.0" world is Return on Interaction/Return on Involvement which leads to Return on Investment
July 10, 2008 at 18:52pchaneysaysbecause shouting doesn't work, and people are talking to each other, SM engagement is a matter of self-defense.
July 10, 2008 at 18:52Greg HollingsworthDaveWebb of course, unless you've spent the whole of it's existence relying on DM
July 10, 2008 at 18:52Telemillmean more time and effort.
July 10, 2008 at 18:53ConnieContrapuntist your point is interesting; I do see how SM can serve a support function for various disciplines.
July 10, 2008 at 18:53DaveWebbMan, I have a serious delay. Making it almost impossible to keep up. have to refresh manually constantly.
July 10, 2008 at 18:53davidalstonambercadabra - definitely awesome ROI definitions coming out of today. Very cool.
July 10, 2008 at 18:53sschablowsaysMackCollier interaction would be great. It's like ad biz discussion of measuring 'engagement'
July 10, 2008 at 18:53Teeghasa thought building that isn't fully developed yet, but what if trying to show a return is the problem.
July 10, 2008 at 18:54Greg HollingsworthSM can be an awesome branding tool for small business, but if your boss is an old school direct marketer it can be hard to sell to them
July 10, 2008 at 18:54Teegwhat if instead you show the cost of NOT using SM?
July 10, 2008 at 18:54Beth Hartesaysepodcaster, I use that next time someone asks me why... ROI/I/I
July 10, 2008 at 18:54ConnieTeeg, I like that idea - but how do you quanityf the cost of NOT being engaged?
July 10, 2008 at 18:55pchaneysaysDaveWebb - I think it's hard for small biz to gain enough attention; depending on their prod/service of course.
July 10, 2008 at 18:55Beth HartesaysGregHollingsworth, I am planning on using DM to promote SM. There is potential measurement in that to make folks who like numbers happy.
July 10, 2008 at 18:55MackColliersaysi think cos need to realize that with social media, they have to get their hands dirty, they have to provide value
July 10, 2008 at 18:55Greg HollingsworthTeeg, is that any different than showing the cost OF using SM?
July 10, 2008 at 18:55davidalstonGreg, as long as you can show a connection to potential customers each week you'll stay alive
July 10, 2008 at 18:55karenswimsaysConnie Teeg exactly, it still returns to concrete metrics, you lose X for NOT participating
July 10, 2008 at 18:55Jane ChinsaysI deal with the ROI problem in my niche segment (medical influence) and no matter what RO(x) you call it, it all comes down to:
July 10, 2008 at 18:56epodcastersayspchaney: I couldnt' agree more. I am so OVER being talked/shouted AT. Talk WITH me. Listen and interact.
July 10, 2008 at 18:56Jane ChinsaysI deal with the ROI problem in my niche segment (medical influence) and no matter what RO(x) you call it, it all comes down to
July 10, 2008 at 18:56Jane ChinsaysMONEY saved or money earned.
July 10, 2008 at 18:56Greg Hollingsworthbethharte I've been down that road, it worked, just not well enough to continue down the path for our company
July 10, 2008 at 18:56davidalstonmackcollier - good point. Imagine taking $millions from ad budget and employing 1000's of people to listen and engage?
July 10, 2008 at 18:56potsiemust run - interesting discussion.
July 10, 2008 at 18:56Jane Chinsays(sorry for the hiccup. using plurk page)
July 10, 2008 at 18:56AmberCadabraisit just me, or do some of these companies seem downright afraid of conversing with their customers?
July 10, 2008 at 18:56karenswimsaysMack right and that IS the problem for many
July 10, 2008 at 18:56ConnieDavid, what can be measured to show engagement? Comments on blog posts? Links on Twitter? Mentions in online media?
July 10, 2008 at 18:57Beth Hartesays...but SM helps when not a lot of budget dollars are available. As well, it's easier for SMBs to give up control & welcome interaction.
July 10, 2008 at 18:57Greg Hollingsworthdavidalston can I get that in writing so I can show it to our VP of Marketing?
July 10, 2008 at 18:57Jane Chinsaysmackcollier I do think companies believe they are providing value with their "push" mentality. Perhaps need to define "what" value to "whom
July 10, 2008 at 18:57karenswimsaysjanechin good point!
July 10, 2008 at 18:57TeegAmber, they do. Even now, many will write blog and leave the comments off
July 10, 2008 at 18:57pritcharddesignthinksyes, they're afraid. They're used to preplanning their message.
July 10, 2008 at 18:57epodcastersaysbethharte: Plurkshops are a great way to brainstorm concepts/ideas. I call it a "Braingasm" when it happens like this.
July 10, 2008 at 18:58Greg Hollingsworthbethharte that depends on how you use the DM in relation to the SM
July 10, 2008 at 18:58TeegGreg, yes, it's different. Sometimes it's possible to prove someone isn't guilty without proving they're innocent.
July 10, 2008 at 18:58TelemillAmberCadabra "afraid of conversing with their customers" ding, ding, ding!
July 10, 2008 at 18:58MackColliersaysBTW almost 400 replies in first hour in middle of the day is amazing
July 10, 2008 at 18:58Jane Chinpritcharddesign also any deviations in expected customer response means going back to square 1 and that's a lot of mtgs to attend again
July 10, 2008 at 18:58Beth Harteaskswhat about NPS and CLV, has anyone used those metrics yet?
July 10, 2008 at 18:58davidalstonconnie - inside SM - # comments, # posts, views, length of comments, on topic inbound linking etc...
July 10, 2008 at 18:59Greg HollingsworthGreat point Connie, how do we measure "connections to customers" that we can't necessarily attach a $ to?
July 10, 2008 at 18:59ConnieBensenI was reading but missed a big chunk in the middle
July 10, 2008 at 18:59Jane Chinwhy don't we use this plurkshop as an example and see what ROI could be? for ex. out 395 how much signal how much noise for whom to do what?
July 10, 2008 at 18:59TeegsaysPlurks autocomplete isn't working
July 10, 2008 at 18:59karenswimsayswhat about the service aspect of SM? One could argue it is an extension of customer service
July 10, 2008 at 18:59LaShaesaysTeegAmber definitely corps are in the business of control and that is how they got where they are - engrained habit is hard to give up
July 10, 2008 at 18:59davidalstonmackcollier - yes, awesome discussion all. I think we wanted to keep it to an hour. Shall we wrap up?
July 10, 2008 at 18:59AmberCadabrajanechin that's why cos have to take off the lead boots and learn to be more nimble. trad marketing makes for a slower reaction
July 10, 2008 at 19:00Conniedavidalston So there are a lot of things we can measure w/ SM, the question is assigning a $ value to it for those who insist on hard numbr
July 10, 2008 at 19:00Beth HartesaysAmberCadabra, yes! They are afraid! I have seen it first hand...with sales folks. Won't ask questions as simple as 'do you have a budget?'
July 10, 2008 at 19:00bhamlibbyAmberCadabra and Telemill, yes i think co. fear is one of the biggiest obstacles!
July 10, 2008 at 19:00Greg Hollingsworthhasit been an hour? hardly feels like it
July 10, 2008 at 19:00Jane ChinAmberCadabra agreed, but logistically the size of the co./mrkg dept becomes the factor to agility.
July 10, 2008 at 19:00contrapuntistthe tricky the some corps is moving past legal departments
July 10, 2008 at 19:01AmberCadabrahasit really been an hour? dang!
July 10, 2008 at 19:01Jane Chincontrapuntist do you mean corporate compliance is a roadblock?
July 10, 2008 at 19:01davidalstonconnie - yes, this is where the ability to analyze across a topic, time, against competitors, etc.. can help to quantify investment
July 10, 2008 at 19:01Beth HarteasksCould we do a PlurkShop on NPS and CLV? Are they viable? How have they been used, etc. Thanks for the PlurkShop! Excellent as usual.
July 10, 2008 at 19:01pchaneysaysgot to go...thanks for great convo; can't wait for AmberCadabra 's wrapup.
July 10, 2008 at 19:01karenswimsaysgreat discussion, hour flew by!
July 10, 2008 at 19:02ConnieAgree that it barely feels like an hour and we even had to battle the Plurk hiccups. Awesome conversation. We need a part 2!
July 10, 2008 at 19:02Greg Hollingsworththe trick with many DM'ers is convincing them that they've already "lost control" and holding on tighter won't help
July 10, 2008 at 19:02Jane Chinoh well.... got in for the tail 5 mins
July 10, 2008 at 19:02TelemillWe need a plurkshop on overcoming companies' fear of 2-way communication and letting go of the PUSH mentality.
July 10, 2008 at 19:02Greg Hollingsworthgreat conversation, just wish there hadn't have been so many plurk-ups
July 10, 2008 at 19:02pchaneysaysmany mini-convos going on at same time; need multiple threads to keep up. k, bye!
July 10, 2008 at 19:02contrapuntistjanechin yes in a way, whenever I have drafted something for a biz in response, it has to go through approval process
July 10, 2008 at 19:03AmberCadabraI'd be up for a part 2, i think there's so much still to talk about
July 10, 2008 at 19:03Jane Chincontrapuntist agreed. I work with pharma companies (compliance is huge) and some have begun using adherence to compliance as a metric.
July 10, 2008 at 19:03contrapuntistsheesh I can't type fast enought today
July 10, 2008 at 19:03karenswimsaysThanks davidalston and all, this was time well spent.
July 10, 2008 at 19:03davidalstonwishesambercadabra - I'm up for a part 2 as well if you'd like. Let me know. Glad to help out.
July 10, 2008 at 19:04ConnieAmber, I think we barely scratched the surface. This is a very important topic to many of us.
July 10, 2008 at 19:04Jane ChinAmberCadabra I'd like to contribute some comments as knowledge-based work metrics is a study area of mine but want to first read the transx
July 10, 2008 at 19:04ConnieBoth AmberCadabra and I plan to do recaps. We will post the links when ready.
July 10, 2008 at 19:04Jane Chinwhen's the deadline 4 emailing u
July 10, 2008 at 19:04AmberCadabrathanks to everyone for your incredible insights. i can't wait to pull this all together and will post a link ASAP
July 10, 2008 at 19:04epodcastersaysI enjoyed finally being able to participate in a plurkshop. Great topic can't wait for the next one. Have a great day!
July 10, 2008 at 19:05Teegsaysjowyang's article today won't help Telemill. He writes that joining the conversation is outdated.
July 10, 2008 at 19:05davidalstonconnie - let's pick this up again in a few weeks and do a part 2 perhaps.
July 10, 2008 at 19:05AmberCadabrajanechin I'll be working on the recap and hope to have it up by tonight
July 10, 2008 at 19:05contrapuntistjanechin the only workaround I have come up with is drafting samples and a Q&A to make things more conversational
July 10, 2008 at 19:05AmberCadabrabut you can always leave a comment - i'll post it on my blog - so the conversation can continue
July 10, 2008 at 19:05davidalstonambercadabra will be pulling together a summary of today - I look forward to it.
July 10, 2008 at 19:06ConnieDavidAlston, that sounds great. Would love to have your assistance with part 2 on this topic. Thanks so much for doing this!
July 10, 2008 at 19:06TeegI look forward to reading the summaries. Thanks for leading it davidalston!
July 10, 2008 at 19:06MackColliersayswould be great to have a plurkshop where we share/discuss social media case studies
July 10, 2008 at 19:06davidalstonconnie - you are very welcome and thanks for asking me to take part in this. Was a great discussion.
July 10, 2008 at 19:07Jane Chinok. will content myself with reading your summary and commenting. contrapuntist ~scenario-based type of "training" it sounds like.
July 10, 2008 at 19:07pritcharddesignsaysThanks! Looking forward to a recap!
July 10, 2008 at 19:07Jane Chinp.s. is the only plurkshop topic allowed related to social media?
July 10, 2008 at 19:07TeegI think that would be a great one, MackCollier!
July 10, 2008 at 19:07davidalstonteeg - thanks - markcollier - great idea - maybe we could comment on ambercadabra 's post on ones we'd like to talk about?
July 10, 2008 at 19:09ConnieWeird. Plurk page shows only 377 responses. The timeline shows over 450. We are missing replies somehow.
July 10, 2008 at 19:09davidalstonconnie - I noticed this as well. Hmmmm.
July 10, 2008 at 19:09MackColliersaysgreat idea David, we need to show 'real-world' examples as they help validate entire space to cos
July 10, 2008 at 19:09AmberCadabrajanechin absolutely not, that's just the way they've been trending i think
July 10, 2008 at 19:10MackColliersaysjane no! what do you have in mind?
July 11, 2008 at 18:30vaxen_varthinksGuess I'll have to hunt up some plurk people on Twitter then just ask questions about usage. Not fun at this stage...
July 11, 2008 at 18:40vaxen_varsaysThanks Amber. You sure are!
July 11, 2008 at 18:41vaxen_varsaysP presume this is 'live' now?
July 11, 2008 at 18:44vaxen_varsaysLive is relative. Plurk is cumbersome, I'm outta here!