Category Archives: Technology

Chaos in Social Media

Social media as a whole looks like total chaos. 200 million tweets flying around every day (stats as of September 2011), a billion or so Facebook posts every day and more than a trillion YouTube videos. If you think 200 emails in your inbox Monday morning is chaotic, try to comprehend this. It’s like every common person out there with a microphone allowed to speak what he or she wants to speak. In other words, chaos at its absolute best!

But just like chaos theory in mathematics, this social media chaos when deciphered using technology and looked upon by expert eyes has to do with there being great order in what looks like total randomness. And when you look closely enough at this randomness, patterns start to emerge which are nothing but absolutely beautiful.

Take for example a Presidential debate. People watch it on their televisions and use social media to express their opinions. Immense volume, contradicting opinions and complete chaos. But by using thematic analysis to extract the core themes out of the noise, we can find patterns in people’s opinions and their support towards a candidate. We can use predictive modeling to figure out what the candidate should speak or what she should not by analyzing the trends and sentiments in the conversations happening on social media.

The same technology and techniques can be applied in social media to find anything from how to spend millions on an advertising campaign to learning how a deadly disease is spreading in a country, from inferring the impact of a brand integration in a television show to understanding how a civic revolt took an entire nation to streets.

The beauty of information extracted from the chaotic social media is unparalleled to any other way of doing market research. The reason being it gives an opportunity to everyone, big and small, introverts and extroverts, book-smarts and street-smarts to express their views and make their voices heard. The data is vast and the power is immense. The debate is continuous and the reach is unmatched. All you need is the right technology and the right techniques to make sense of it and strategize your next move.

P.S. Try us at MavenMagnet to show you the beauty we are talking about!

Social Media Tracking: Real-time vs. Richness

Real-time information sharing has become a part of our lives today. With the advent and spread of social media, real-time communication and information sharing has reached a new level. Social networks have wired us to share our opinions, thoughts and experiences instantaneously. We have the power to get the information in real-time as it happens and to express our thoughts in real-time as and when we want.

The ease of information sharing has led to a large amount of data in the social world. This availability of data gives us a great opportunity to extract rich information out of it and put it to use. With cutting-edge technology and modern techniques we can slice-and-dice this data to make sense out of it. We can spot the patterns, adopt the best practices and avoid the mistakes we made the last time around.

Social media tracking plays a pivotal role in making sense of all that is happening in the social media 24/7. Consumer goods companies want to know what people are talking about their brands, media firms want to know how people are engaging with their movies, shows and characters, healthcare companies want to know how people are responding to the new drug they just put out on the shelves and governments wants to know what their citizens are expecting from them. This brings us to the real question we look into every time we talk to a client about social media tracking: can you take a breather while we make it rich or do you want it real-time?

A lot of it depends in what business you are in. If you are in business of customer service or public relations management, real-time is what you want. You want to make sure that if a customer is asking how to fix something, you get back to her as soon as possible. If there’s a customer complain about your product or service, you got to address it before it becomes a PR disaster. Of course you should periodically go through all the complaints and service requests and get an in-depth analysis to see the pattern that emerges so that you can address the core issues to avoid repetition of the same things over and over again.

In most other cases, what you want is a tracking report where the buzz is  accompanied with rich analysis to make sense of it. Social media brings with itself a tide of data overflow. We see it as a rich source of information that is extracted by mining this data using great software and techniques. It’s cool to see streams and streams of posts coming in while your show is airing on television or when you launch a new campaign or while you give the state of your union. But its just data. What is really awesome is the insights you can extract out of it. How do you go about doing it? Well wait for a little while, let the software and experts work on this data to convert it into information and then get insight into what it is all about, understand what’s working and what’s not, get the key takeaways and make things happen.

Note: Reach out to us at MavenMagnet to learn about some of the innovative work we are doing in this space!

Social Media and Lodging a Complaint

One of the best examples of how social media can turn a small incident into a monstrous thing is United Breaks Guitars by Dave Carroll. Just to set the premise, Dave Carroll, a musician, was flying from Halifax, Canada to Omaha, Nebraska via Chicago on United Airlines flights. He checked in his guitar and when he got down at Omaha he found his guitar was broken. He approached United Airlines to pay for fixing the guitar. United was pretty indifferent to his requests with many excuses to not fix it. Being a musician he did what he does best, i.e. wrote a song titled United Breaks Guitars and posted it on YouTube. Within first 4 days, the video got 1.5 million views on YouTube. On Day 5 it was covered by every major news channel  causing a long lasting damage to United’s brand image. It is also worthy to note that United stock plunged 10% during this week (I am not claiming the reason for stock value plunge being this, but many analysts have drawn relationship between the PR disaster and stock price).

What was United Breaks Guitars? It was basically a creative person lodging a complaint about a bad experience with the service. But what areas has it affected? Everything ranging from public relations and corporate communications to branding and customer service. This is all courtesy of social media.

The amplification of the impact of United Breaks Guitars was instantaneous and widespread because of the creative and talented complainer Dave Carroll. But social media has the power to take any normal complaint or customer outburst and turn it into wildfire, sometimes slowly and other times rapidly. The reason being the complaint here is not lodged privately to the company. It is public, where a customer’s network of friends and family, other customers who have had similar experiences and general people can join in the conversation, add their own 2 cents as well as keep the incident in mind while making their next buying decision.

What is important for companies is to prioritize the complaints and  make sure every customer complaint on social media is addressed proactively. The volume on social media is immense. With intelligent data mining techniques, companies can learn about the priority of customer conversation and make sure that the most pressing issues are addressed immediately and eventually they reach to every issue before it becomes another case study like United Breaks Guitars.

Social Media: Advertising

With about 25% of all time spent on Internet being spent on social media properties like Facebook, Twitter and other networks, social media becomes an obvious choice for advertisers. I would argue about the effectiveness of advertising on social media platforms as compared to sponsored search results or ads on web portals, but with millions of eyeballs spending so much time there, it’s a compelling place for advertisers.

Here I would like to talk about how we can use social media to develop better advertisements. One of the best utilities of social media can be in designing and developing advertisements for any media varying from traditional media like television and print to new media like mobile and web. People spend hours on social media talking about everything from what they like and what they don’t, what characters and themes they are attracted towards, what activities they spend most time on and what are their top interests. People brag about the brands they like, critic on experiences they have with products, and talk about the advertisements that caught their attention while watching prime-time television or walking down the street. This makes social media a great repository of information to act as a canvas to design advertisements, find the right placements for them and learn how people are responding to them.

The idea is to gather social insights from social media and use these insights to develop advertisements. Advertisers can learn from social media what are the best themes to gain attention of their target audience. They can understand what are the best placement opportunities for their advertisements by learning which television shows their target audience are engaging with and which magazines they are reading. Social media is a great repository of information that adds a whole lot of richness to the market research that needs to be done in order to develop targeted advertisements. The creativity of advertisements is as important, if not more, as ever due to the decreasing attention span of the consumers, but with the help of market research powered by social media, advertisers can direct the creativity to focus on the right themes, place these awesome advertisements at the right places and learn from them to develop better ones next time around.

Note: Reach out to us at MavenMagnet to learn about some of the innovative work we are doing in this space!

The watercooler show

Watercooler shows are the shows people talk about in a social situation. The emergence of social media has taken the phenomenon of watercooler shows to a whole new level. Social media provides people a platform to talk about the shows. Every day millions of viewers are joining the conversation on social networks and they are using Facebook, Twitter, blogs, YouTube and other platforms to share opinions and convert a normal show into a watercooler show.

What is essential for a show to become a watercooler show on social media? Apart from great show creating a captive audience, it needs a few key influencers to stir the pot on social media, to talk about the show, love it when something great happens, hate it when the things are not as they would like it to be, but irrespective of anything happening just keep participating in conversations about it.

Millions of people spending hours online on social networks and talking about these shows also leads to an interesting side effect. It creates a rich source of data to find insights about these shows. By intelligent mining and analysis of these conversations, marketers can find what key themes and characters are sticking with the audience to develop promos and advertisements for the shows, advertisers can find what demographic and psychographic segments are associating themselves with the shows to better target their products, and producers can get a sense of what is working and what is not working in their shows. Social media sets new standards for audience analysis and measurement for the shows which are much more realistic and practical as compared to traditional methods of measurement.

The evolution of social media has impacted a lot of industries. In-home entertainment industry is one of them. Every television channel wants its show to be the watercooler show with captive customers and eager advertisers. In today’s connected world, that “watercooler” is replaced by something that is much bigger, scalable and measurable.  Social media is the new watercooler!

Social Media: PR

Social media has impacted public relations in a profound way. It has made PR more real-time than ever before. Whether out of necessity or compulsion, PR needs to be managed in real-time in the world enabled by social media. A few hours of delay in managing the communication can lead a small otherwise ignorable thing to go viral on the web with the help of social media. At the same time, a real-time update containing an apology for bad customer service or a new product feature release can convert consumers into lifelong fans.

PR is now direct. Companies don’t have to go through press authorities to release a PR statement. They can now put it on their blog and spread the word through twitter and facebook.

Social media has made PR more interactive and engaging. It’s no longer a one-way street where companies can make announcements to the consumers. It’s interactive where consumers can react to the release and share their opinion with the company. In the world of social media, every individual has a “press pass” to ask questions and share opinions, whether you asked for it or not.

Social media is a  channel of communication which has provided public relation professionals will the capability to learn and understand what’s on consumers’ mind, what questions are they looking for the company to answer, what’s the perception of the consumers on different issues and how the public relation communications are impacting those perception.

It’s true that social media has made PR more real-time and interactive as far as communicating with customer is concerned, but biggest asset social media has provided PR professionals is the power to learn about their consumers and what they think about the company. PR professionals can use this knowledge and insights from the consumers’ world to better communicate with them, measure the impact and build a strong relationship with them, in turn enhancing the R in PR.

Permission marketing in the social world

Like, follow and subscribe: three words that have redefined the permission marketing in the recent times. Permission marketing is where people give explicit permission to marketers to contact them. There’s a big shift in how people perceive marketers courtesy of the social world. A few years back getting yourself on the do not call list was a cool thing to do, today liking a page on Facebook and following a brand on Twitter is so neat.

Sounds great. Now you got permission to communicate with your customers. That’s amazing! But something is missing. What’s the problem? The biggest problem in social media is overcrowding. Stats suggest that an average active Facebook user likes two new pages every month.

So how can a marketer best leverage the permission provided by consumers in social media? The first thing marketers need to accept is that just having a large number of followers and friends on social network is not the real definition of success in this space. In fact this is just a small part of your social media campaign. That’s because of a couple of reasons. First, the probability of your consumers staying in regular touch with you is slim. The reason being out of hundreds of friends and dozens of brand that compete for attention every minute, the probability that your brand will get the attention is as close to zero as it can be. Second, 8 out of 10 conversations about your brand are happening outside of your turf. If a consumer had a good experience with your product, they write it on their wall. If they liked a movie, they tweet it normally without linking it to the movie’s Twitter account.

It is awesome that you got permission to talk to your consumers. The important thing is to make full use of it. There are a couple of ways you can do this. One is by focusing on an issue that the consumers want to learn more about. The probability that the consumer will pay attention to the issue you, the experts and others talk about is much more likely than anything else. Second, learn about your consumers. Gain insights around who they are. What they want. What’s missing. Why they are forming a certain perception. Why they like you and why they dislike you. Then use these insights to take actions that will make you reach closer to the consumers and gain the real permission to stay on top of their mind in the social world.

Content is King, Distribution is God

Media companies for ages have debated and argued about the importance of distribution over content and vice versa. Now as the line between content creation and consumption has blurred, the debate has trickled down to the crowd. It all started with the new forms of distribution coming in picture giving way to new forms of content creation and consumption.

Distribution evolves over time. Evolution started with the printing press publishing books, magazines, newspaper. Went on to radio for transmitting information followed by television to listen and watch the content. Then came along cable television, Internet, satellite radio, mobile and social media to take distribution to new levels. Every evolution in distribution has led to the evolution of content in the way it is curated and consumed.

Of all the forms of distribution, the one that arguably had the biggest impact is social media. Social media has redefined distribution. For years content development had gatekeepers. The few people who controlled the channels of mass distribution of content had the power on which content was worth distributing and which was not. Internet came along to lift this control on distribution to a large extent. But the real freedom of distribution (at least in most parts of the world) came along with the social media. Blogs made every individual with a point of view an author. Digg, delicious and other bookmarking sites gave the power to the crowds to bubble up what’s worth reading and what can be ignored. YouTube came along to take video broadcasting to a new level and twitter gave everyone with the skill and guts to write a 140 meaningful characters the power to change governments and embrace or kill brands.

This new form of distribution has led to a big change in content creation. It’s a world of intense focus. You can no longer produce content for everyone. You have a much better chance of getting attention of a select few than getting the eyeballs of everyone. Success has embraced the Justin Biebers and Lady Gagas of the world who understand their audience, engage with them and intensely focus on delivering content for them.

There’s a big change in content consumption. Packages no longer work in social media. It’s a world of a la carte. You read that article on The Economist when the title appeals to you in your twitter field, you watch that Saturday Night Live skit that focuses on what you care about and you download that song that you want to listen again and again.

Still there’s no arguing that content is super important. I believe it is more important than ever before. The new channels of distribution has given everyone the options that never existed before. The attention span of your consumers is less than ever before. You got to be on the top of the game when it comes to creating content. But what’s more important for any kind of content creator and attention seeker is to make sure you leverage the new forms of distribution, reach to the right audience and engage them to make you content bubble up and get your share of three minutes of glory. Because at the end of the day, content may be the king, but distribution is god!

Incentives for mavens in the social world

In order to understand how to incentivize mavens, it is very important to understand how they are different from your spokesperson, brand ambassador and sales person. A spokesperson, brand ambassador or sales person is someone who works for a company. It’s their job. They say awesome things about a brand or they recommend people to use a company’s product primarily because they are paid to do that. Mavens on the other hand are the trusted experts in a field who seeks to pass knowledge on to others. These are the people who are contacted by others to find information in a field they command expertise. They do it just because they want to do this and are passionate about this.

The best incentives for mavens anywhere is recognition. One of the pioneers in this field is Microsoft. A big reason behind Microsoft’s success as a platform is the big array of applications on it. The applications are developed by a community of developers. Microsoft incentivize developers using the Microsoft MVP program. Microsoft Most Valuable Professional program gives special recognition to the developers who are active in the Microsoft developers communities and forums answering questions, making suggestions and contributing to the product. Microsoft invites them special developers conferences, gives them gift coupons to buy Microsoft software and a special tag next to their name on Microsoft communities.

Another good example is Coca-Cola. As Facebook became a big deal and companies started to look at it as a marketing platform, Coca-Cola discovered that their fan page was already there. A couple of Coca-Cola fans created the Facebook fan page and actively managed it. These individuals were real soft drink mavens who vouched for Coca-cola and took the initiative to help Coca-Cola fans engage with each other. Cola-Cola recognized that and instead of taking over the fan page encouraged these people to maintain it and provided them resources to do so. Over the years, unlike many Facebook fan pages, majority of content on Coca-Cola fan page is still generated by fans.

The most important thing to recognize while dealing with mavens is that you cannot manage them. What you can do is listen to them, engage with them and appreciate them so that they have the incentive to be part of your community and be the volunteers who act as your spokesperson, brand ambassador and sales person.

Social Media insights to measure “real health” of your organization

I wrote this post for Management Innovation Exchange. It is posted at MIX.

Summary

Implement a pattern derivation system based on the conversations people in your organization have about their work life, stress level, relationship with management and co-workers and workplace environment on social media platforms. Use the pattern obtained to find “real health” of the organization and improve corporate management and organizational change management.

Problem

Corporate surveys to find out organization health often fail to capture the “real health” of the organization.

Reasons:
1) It’s done one or two times a year. Doesn’t provide the holistic picture of how things are round the year.

2) The answers very much depend on the way the questions are asked. The surveys are closed ended.

3) People are conscious about what to put in the survey and how it will be received.

Solution

1) Develop an aggregation engine to collect information from social media platforms like Facebook, Twitter, LinkedIn etc. about what employees are talking related to their work.

2) Develop a data store to organize and keep the information anonymous. Anonymity is important to get real insights.

3) Develop a pattern recognition system. This system will mine the information and use sophisticated algorithms to find the common themes and patterns based on these conversations.

4) Implement a search methodology to search the data store and get insights and patterns on specific topics.

Practical Impact

The “real health” measurement system can have several practical impacts on the way an organization functions, implement changes and analyses impact. Some of them are:

1) Continuous and real-time availability of the health of your organization. This is the “real health” because people share information sub-consciously and more freely with their friends and family as compared to filling a survey.

2) Improved decision making related to organizational changes incorporating the information obtained through the health measurement system.

3) Better analysis of impact of organizational changes by observing specific pattern changes in the system.

Challenges

1) Challenge: Management’s urge to link information to the sources (people in the organization).
Suggestion: Do not collect personally identifiable information during aggregation of information. Not collecting the information will make the source not identifiable (guess work will still keep happening, but the system won’t provide the source).

2) Challenge: Privacy concerns of the individuals in the organization (we don’t want individuals to stop sharing information on social networks).
Suggestion: Filter the information to only collect posts that have work related topics. A smart aggregation system with filtering capability will be able to do this.

3) Challenge: Trusting the information and patterns derived from the analysis of information.
Suggestion: It can be hard for management authorities to believe the patterns are genuine and the information is not tampered. Doing a pilot on a particular organizational change can be a way to develop trust.

First Steps

1) Collect very specific work related information from a couple of social networks to derive patterns on a few key issues concerning the organization.

2) Run pilot organizational changes in the organization and analyze impact by using the system.