Size does matter. Or, does it?

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We have this view of the world that the super-mega market leaders in one niche or market have a superpower that will guarantee success in new markets. The current Facebook S1 release is just another sign of this irrational view. “Facebook dominates advertising.” “Facebook more important for advertisers than Google.” “Mark Zuckerberg for President.”

The majority of brands are only good at doing one thing. If you hit the jackpot, they are good at 2 things. Almost nobody is good at three things. Remember when Facebook Places was launched and every dopey pundit proclaimed the end of Foursquare? (Including this dope.) Or when Google Wave launched? Google Buzz? G Phone? When Yahoo tried social. (Let’s not hate on a corpse.) When Microsoft got into mobile hundreds of years ago and never achieved their goals? Or when Apple tried social?

Size does matter. But it’s not everything.

There are rare instances where companies can crush a competitor: IE vs. Netscape comes to mind. But it’s not common. That’s why you shouldn’t be brainwashed by the size of a company, focus on the excellence of a company. Facebook is really good at growing their user base, allowing us to share information with family and friends. They belong in the user baser growing Hall of Fame. Does Facebook do anything else that belongs in the Hall of Fame? Deals? Places? Commerce? Advertising Conversion? Monetization. Nope. They didn’t even make the roster, riding the Minor League bus.

Will Google ever succeed in social? Google+ is doing okay but it’s not in the same league as Facebook and Twitter. They even show cracks in their dominance of the search business. Microsoft’s browser domination is gone. Soon, Facebook will see increasing fatigue and the brainwashing of a new shiny tool. While we live longer, social platforms life expectancy tends to decrease.

Don’t get fooled by size. On Sunday, many advertisers will link their advertising to Facebook pages or Twitter accounts. That’s foolish. Facebook owns all the data. Who guarantees you that they don’t sell it to your closest competitor?

Look at the big picture and have a long-term strategy. If you put more and more eggs in Facebook, you need to move some out and put them in different platforms. It’s not about new platforms, it’s about experimenting with better ways to market, platforms that convert and technologies that are effective in achieving your business goals.

We need to find more meaning in Social Media

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I get up in the morning, check my email first and then explore what happened overnight on Google+, Facebook and Twitter. My streams are littered with reactions to some software updates or a new app release, musings about social platforms and why they’re dead or half-alive, food posts, complaints about flight delays, snarky remarks about politicians or pundits.

It’s my fault. I created this virtual world.

These are friends, colleagues, acquaintances, thought leaders. I chose to follow them. I created this stream. Sometimes it seems silly.

We have so many problems in this world. Our institutions don’t work anymore. We have a crumbling infrastructure. Debt everywhere. People kicking cans down the road. I’m worried about our future. I’m even more worried about our kid’s future.

Social Media was supposed to change the world

We finally had a voice. We finally could speak out. But we tend to talk mostly about entertaining issues: TV shows, sports, weather.

Don’t get me wrong. I’m not blaming anyone. I’m just blaming myself. We’ve been given this fantastic technology and we tend waste it on trivial matters.

Since I called myself out…

Over time, I will try to make a meaningful effort to add more compelling content into the stream. And stop bothering people with the triviality of my existence.

The Arab Spring, the London riots, the storm in Los Angeles: Examples were Social Media was used beyond marketing.

Take this video:

A racist woman on the tram.  The viral video – named My Tram Experience – shows a white woman racially abusing Black and Polish people on a train from Croydon to Wimbledon.  The video, which is extremely uncomfortable to watch, sparked millions of tweets on the subject.  The hashtag #mytramexperience was the top trend one day and soon the video had been watched million of times.  Later, following outrage from the general public and many celebrities, the woman, later named Emma West, was arrested.

That is the power of Social Media. And we should remember it when we tweet or post the next time.

Ten things every marketer should be thankful for

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Groupon’s IPO: We’ve wasted too much time, writing about Groupon’s problems, challenges, opportunities and internal machinations. I’m as guilty as anyone. The IPO filing moved the conversation from pundits to the market. As it should be.

2. Google+: Since we don’t have to focus on Groupon anymore, Google+ gave marketers more fodder to discuss the problems, challengesand opportunities of Google’s innovative social layer. The combination of SEO and a huge user base makes it likely Google+ will be a success. It’s not the new Facebook, but it’s a new Google.

3. Zombies cling to life: Just a few deaths of 2011: The Web, micro site, print, display ads, television (a golden oldie) and radio. I’m glad to see all these zombies looking pretty much alive. Some of them need some drastic procedures to move them back to a real healthy existence, others need a good rehab to reset their mission and vision. Still, they are alive, nobody died and no need to write more obituaries.

4. Josh Williams, Gowalla: It’s good to see a CEO pivot in the right way. He knew he lost the “check-in war” and changed the vision of his company from “I was here” to “I wish you were here.” Check-ins were always kind of stupid: marketing opportunities are limited (Since most people use location-based apps as personal branding tools, the opportunity for businesses to conquest seems minimal), and the user base was even more limited. Foursquare cornered that small opportunity and we’ll see if they can get traction outside of the geek crowd. Gowalla’s mission change to craft the narrative of your life is fascinating. I wish them well.

5. Content Marketing: Let’s be honest here: We didn’t feel needed anymore. People just blocked us out. Banner blindness, DVR, apathy, ignoring our messages. Content marketing gave us an opportunity to go back to our roots of communicating with our customers and prospects without selling. Instead of being the parrot-on-the-shoulder-crazy-colored-blazer-wearing pitchman, we can deliver now messages that make our buyers more intelligent. Beautiful.

6. Steve Jobs: Simplicity and purpose. A powerful vision for all of us.

7. The GOP primary: Some of the candidates remind us of marketing lessons we should never forget:

a. Rick Perry: Never overpromise and under-deliver. Always under-promise and over-deliver.

b. Herman Cain: Always be prepared for everything. You lose all credibility when you don’t know the basics of your profession.

c. Mitt Romney: It’s not good enough to look and act the part. You need substance.

d. Rick Santorum: Brand Awareness is important.

e. Jon Huntsman: If there’s no demand for your product, you need to create demand.

f. Newt Gingrich: Lies only get you so far. And they will always come back to haunt you.

8. John Wanamaker: “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” We all thought this would change with the digital revolution. Not so fast, friends. Clearly, we still haven’t figured it out and John Wanamaker’s quote will be around for many decades to come. Maybe not, since some claim 90% of advertising is wasted.

9. Mark Zuckerberg: The inventor of the Zuckerberg dance: Introducing new features, protest dances by a minority of users combined with flaming threats of an even smaller minority to leave for good, Mark and his team dance the apology tango, retreating slightly with a waltz and the users go back to do the Facebook Polka. Thanks, Mark, for keeping us all in motion.

10. All the people that dedicate their lives to help people in real need. You have my deepest thanks. You do work that really matters.

Last but not least, thank you to everybody who reads my posts. I feel humbled and quite lucky to have the privilege. Thanks for being here, for making a difference and changing the world.

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You need to get the fundamentals right

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My daughter is in an interesting phase: She can read but she can’t comprehend fully what she’s reading. A picture book with a few sentences per page is perfect for her developmental stage. No, she wants to read a chapter book without any pictures. She proclaims proudly: “I’m on page 55.” When I ask her about the content, the answer is very sparse.

When she gets her homework, she wants to get it done in a few seconds: “Easy peesy, lemon squeezy.” Once I note a mistake, she freaks out and never wants to touch any homework again.

Typical behavior for brands in the emerging marketing space

Many brands have not yet fully deployed all basic digital marketing tools. Instead of focusing on getting the fundamentals right, they rather develop a comprehensive Social Marketing strategy.

Others have deserted Facebook/Twitter/YouTube presences. Why bother improving these important platforms for their brand? Let’s just start a Google+ page.

The fancy commercial not matching the dirty store layout.

The radio spot not matching the horrendous attitude of your employees.

The list is endless.

We should strive for innovation and amazing ideas.

First, we need to clean-up the store.

Change the attitude of employees.

Get the fundamentals of marketing right.

Get the fundamentals of the business right.

Then, and only then, should you consider the newest platform aka toy.

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State of the blogosphere 2011

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For its annual look at the blogging world, Technorati interviewed 4,114 bloggers in 145 countries. The focus of this year’s report was on why and how they blog, how they connect with brands and the usage of Social Media.

The Bloggers

The majority of surveyed bloggers were hobbyists (61%) with varied frequency of posting. 11% of the surveyed bloggers post daily, 13% are hoping for extra income and only 5% are professional bloggers. The majority of bloggers are educated, married parents between 25 and 44 years old. The majority continues to be male (59%), we experience a slight gender shift from last year when 64% were men.

80% of surveyed have been blogging for over two years, and around 50% for over four years. They tend to juggle an average of three different blogs, last year the average was two years.

The Platform War

The term ‘blogosphere’ is hardly used anymore because it’s hard to define the line between a blog and another social network. Is Instagram a blog? Twitter? Foursquare?

51% of surveyed bloggers used Wordpress, followed by Blogger (21%) and Blogspot (14%). Social Media continues to be biggest traffic driver (Facebook, Twitter, and new face in the crowd, Google+). The average number of Twitter followers for a blogger is 847, jumping to 1,674 when we’re talking about a professional blogger. Interesting to see how quickly professional bloggers jumped on the Google+ bandwagon to further syndicate their content. Still, this is not an indication that Google+ has any staying power.

90% of professional bloggers use Twitter to promote their content, 40% of them use automated tools to syndicate their content, 37% link their Twitter and Facebook accounts so they only have to post once. Besides Facebook and Twitter, LinkedIn was the next most popular social platform followed by YouTube and Flickr.

The majority of traffic comes from Facebook and Twitter, followed by LinkedIn, YouTube and upstart StumbleUpon. Additional traffic is derived from tags, comments, Google, Technorati and SEO.

The Blogging Business

2/3 of bloggers post about brand, and a 1/3 do reviews. Brands are intrigued by the power of bloggers and they tend to aggressively court them. A third of hobby bloggers are approached by brands twice a week, while professional bloggers get approached an average of eight times a week. Some bloggers receive up to 1,000 pitches a week.

Still, bloggers feel undervalued by brands – 60% feel they’re not treated as well by brands as the traditional media. Often, brands don’t research the blogs well enough and they are not interested in building a real relationship with the blogger. Less than 25% of respondents said brands provide any value.

When bloggers sign a deal with brands, 86% disclose the nature of the paid post and 58% disclosed when they were reviewing a product they had received for free. (This is a disturbing number: Brands need to require bloggers to disclose their paid posts and free products 100%)

Who influences bloggers? Other bloggers. In 2010 only 30%, in 2011 68% of other bloggers influence them. The other influencers (in decreasing importance): friends, social media, print, family, major news sites and TV.

An interesting report you need to read in detail before connecting a brand with blogger.

Here’s the full report.