Archive for: August, 2010
Between now and the end of 2010, Converseon leaders will speak at the following social media conferences and events:
August 29 – September 1, 2010
Rob Key, Chris Boudreaux and Craig Daitch are attending OMMA’s Social Media Insider Summit beginning August 29 in Lake Tahoe, NV. Chris and Rob will speak at the event.
Twitter hastag: #mpsmis
October 27, 2010
At Social Media Bootcamp: Social Media For Research and Marketing at ARF University, hosted by the Advertising Research Foundation, Chris Boudreaux will present best practices for using social media as a research and marketing tool.
October 28, 2010
Several Converseon-ites are attending Forrester’s Consumer Forum, beginning October 28 in Chicago, IL. Rob Key is speaking.
If you attend any of these conferences, please say, ‘Hi.’ And if you aren’t able to attend, you can always follow the action through our Twitter accounts:
We always look forward to meeting friends and fellow travelers.
Facebook Places officially landed last week and legitimized a new location-based channel for businesses to interact and engage with their customers (see these instructions to claim your Places). In order to help business and functional leaders to leverage, we’d like to see businesses capitalize on Facebook Places through the following opportunities:
1. Branded Applications
Today, only a handful of companies can push data to Facebook Places. This includes competitors like Four Square and Gowalla. Eventually, this will open to other companies, providing businesses a fantastic opportunity to create their own applications. A company like Starbucks — already an early adopter on Four Square — could easily incorporate a store locator with Places check-ins into their emerging mobile payment application, and a reward system that replaces the punch cards distributed at check-out.
Checking-in not only means that the person is in the store (most likely purchasing something), but is also virally spreading the brand to all of his or her friends on Facebook. And because the app connects into the larger Facebook ecosystem, it doesn’t feel like a one-off “microsite,” providing real value to the consumer.
2. Game Mechanics
Facebook has, so far, stayed away from game mechanics. Instead, Facebook leaves them to third parties and partners. As a result, there are no out-of-the-box points, rewards or mayors.
Were Facebook to offer mayorships as a white-label service to businesses, then companies could offer their own versions of a mayorship tied to creation of content by their customers, rather than simple check-ins.
For example, visitors to Six Flags could earn a mayorship based on uploading videos and photos while in the park, thereby showcasing the experience rather than simply checking-in to it.
In the future, firms might enable customers to photograph purchase receipts as an input into mayorship qualifications, thereby preventing check-in manipulation and opening the doors to richer customer rewards. The possibilities are endless.
3. Flash Mobs
On launch, Facebook offers a unique feature that allows users to check-in their friends. While there is some debate on privacy concerns, this functionality offers a very unique way for businesses to create their own Flash Mobs.
For example, The Gap could offer discounts to customers who check into a location with ten of their friends, creating an on-the-fly sample sale.
Business that rely on critical mass could benefit even more. For example, bars have long offered specials to customers that show up with groups of friends. Such businesses could now advertise happy hour specials through Facebook Places to generate a similar result.
4. Like, Content and More
One feature we’d like to see combines the existing Like functionality with Places, as follows: Businesses who create product pages that people can Like could now tie-in Places for targeted, location-based advertising.
Nike, for example, could advertise a special for all users that Like their new Air Jordan sneaker, sending them to the nearest retailer based on their location. We suspect that this functionality isn’t far off, given the enormous potential.
We would also like to see companies attaching content to the check-in location. For now, the only activity the Place page shows is check-ins and Likes. Allowing users to upload photos or videos would enhance the experience, and provide businesses with more unique ways to connect with their consumers.
Allowing users to write posts would foster reviews in a Yelp-like fashion. Sure, this would open the gate to both positive and negative feedback, but a comprehensive listening and conversation mining strategy would allow businesses to interact and take advantage of this flow of information.
The Road Ahead
Facebook’s scale will change the market for location-based services and check-ins for businesses — from something niche and cutting-edge, to a very real and powerful marketing channel. When a 500-million-person network enters a vertical, it’s hard not to notice — even when it launches with a bare feature set and only a vague sense of a roadmap. But this will certainly evolve as consumers and business owners embrace the platform and begin to tap the potential of hundreds of millions of accounts.
On August 16 Converseon announced an important partnership with Twitter to infuse the Firehose – all 80+ million daily tweets – real time in to our Conversation Mining platform. You can read the release here.
It’s a significant advance, and a big commitment. But it is also critical: if you care about social CRM or near real time social engagement, you simply cannot operate without access to the full Firehose. As Forrester Research said in response to the announcement, “ultimately, this is a big step in the listening platform market…”.
And indeed it is a big step. In our experience, general API Twitter data represents only a fraction of tweets (those limited to “high velocity) and Twitter is continuing to limit that data stream. Just last week, reports surfaced that Twitter is limiting historical searches to four days. The plain truth is that there are currently significant blind spaces abound even for those companies who may be using paid listening services if they don’t have Firehose access.
At Converseon, we take pride in bringing a healthy skepticism to new platforms and technologies. In the early days, we too were a little skeptical about the growth potential of Twitter. However, it indeed has evolved into the heartbeat of social conversation. As author and technology observer Steven Johnson wrote recently in Time Magazine, “Twitter is looking more and more like plumbing (of the web), and plumbing is eternal.”
We’re proud today to plug this plumbing into our Conversation Mining solutions to finding meaning and insights – and action – in the immense stream of data to help brands harness the power of social across the enterprise. Effectively managing the vast amount of data is one challenge since in addition to Firehose we mine blogs, newsgroups, and more. Finding meaning in the data is the other. This requires a lot of technical horsepower, advanced text analytics and human intelligence.
But we’ve been preparing ourselves for this for quite some time. And the benefits to brands are myriad; they include demand/lead generation, customer service, real time social engagement, and, ultimately, using active listening as an engine to transform brands into social organizations with real time intelligence flowing across the organization for action and competitive advantage.
Let the Firehose begin.
- For content created prior to July 2010, maintain your TweetMeme button.
- For content created during or after July 2010, you can use the Twitter button.
- For blog content, we’re stuck. Blog posts created prior to July need to maintain the Tweetmeme button, but posts created since July 2010 can use the Twitter button. However, the TweetMeme and Twitter plugins do not let you apply the button by post, or based on publish date. You must apply it to all posts or no posts. NOTE: While Twitter has not published a WordPress plugin, a few community members have, for example: here and here.
As of today, the Tweet button from Twitter shows lower tweet counts than existing buttons from TweetMeme. If you replace your TweetMeme buttons, your visitors will see lower tweet counts that on the Twitter button, versus the TweetMeme button.
For example, See this screen shot of Chris Boudreaux’s social media research database on SocialMediaGovernance.com for a quick glance at what the two buttons look like together:
You can see in the image that Chris added the new, light blue Twitter button to the right of his existing green TweetMeme button, and the two display dramatically different counts (210 for TweetMeme and 76 for Twitter).
While TweetMeme has been working with Twitter for months, Twitter began counting “… a couple of weeks before the launch of the Tweet Button. This means links which have been shared on Twitter before July 2010 will not contribute towards the count”, according to Twitter FAQ.
Therefore, if you trade the TweetMeme button for the Twitter button on content that existed prior to July 2010, your visitors will not see the true count of tweets you have earned.
If you use both buttons, you should review the FAQ on Twitter.com to avoid duplicating content. (See: “I want to use multiple Tweet Buttons on my page. Is there anything I should know?”)
For some, the quibbles of style that pop up by cluttering your articles with two Twitter share buttons are irrelevant when the count is king. Others will default to Twitter’s crisp aesthetic.
You should also consider Twitter’s new ability to auto-suggest up to two relevant accounts after a user retweets, as one potential reason for deploying the new Twitter button.
In any case, we are very interested in hearing your experiences and insights which can help to inform decisions regarding which buttons to deploy.
by Chris Boudreaux and Adam Edwards
Update (August 16, 2010): Google PR phoned this afternoon to let us know that this screen shot was an experiment, and that the search results below the ads are organic; they’re just mixed with results from Google Maps. Our point was that the results seemed to exclude traditional organic search results, and that the page appeared dominated by organic results from Google Maps.
Yesterday, for the first time, we saw a standard Google web search results page, without any standard web search results. That is, a search for “car rental nyc” returned a Universal Results page showing a map alongside results from paid, local, and books categories (see screen shot below). Not one standard organic result appeared on the first page of results.
As it expands its Universal Results strategy, Google is testing lots of changes to their main search results page. Most of the significant changes occur in searches that contain a localized search term (such as a city).
First, Google added a “sticky map” in the upper right, which maintained a constant position on the screen, as the user scrolled down the page. The sticky map appeared to disadvantage paid search results appearing below the third slot, which disappeared behind the map as users scrolled down the page.
In the search results we saw yesterday, there were no organic results until the second page. When we performed the same search today, we found a single organic search result at the bottom of the first page.
This could be a watershed moment for Google, and it could force local or franchise businesses to use AdWords and Google Places (formerly Local Business Center).
Creating a great web site with strong SEO may no longer take you into the first page of local search results.
In an industry where it is more and more difficult for brands to separate fact from fiction and understand the differences between Listening platforms, Forrester Research, led by Zach Hofer-Shall, recently published their review of Listening Platforms: “Forrester Wave™: Listening Platforms, Q3 2010″, and you can download a complimentary copy from Converseon.
In order to identify the category leaders, Forrester evaluated offerings from nine companies according to 76 criteria, including data sources, textual analysis, functionality, consulting and analysis services, strength of management team, and corporate and product strategy.
Based on performance across these dimensions, the companies were then grouped into four categories: Leaders, Strong Performers, Contenders and Risky Bets (see image above).
Converseon, we are pleased to report, was recognized in the Leaders category as one of three vendors that “combine the best offering and go-to-market strategy.” Also, Converseon scored highest for text analysis and the second highest for its consulting and analysis services, strength of management team and corporate strategy. A free copy of the report can be downloaded from our website.
According to Forrester, “Converseon offers a leading product with its “customized for your needs” mentality. There is no standard Converson installation, (Converson) builds a tailored dashboard for its enterprise installation and offers professional services around every step of the Social Intelligence process. Converseon’s model of starting with technology and adding human analysis makes for highly effective data quality, leading custom reports and strong functionality.”
We are especially proud to be one of the very few listening platform providers to remain independent. Our approach enables us to iterate quickly, partner deeply with our clients, and move fast to meet marketplace needs.
We understand the category is still quite young, and that leading brands are looking for solutions not just for today, but for the next years as Social Intelligence evolves and becomes more deeply integrated into the DNA of enterprises. This is an area where Converseon excels.
We focus on designing listening solutions (beyond simple “tools”) to help infuse listening across organizations, for multiple use cases, and to help large enterprises redesign business processes to make the intelligence actionable. This includes governance, policy, infrastructure, training and more.
Perhaps most profoundly, we believe that social media listening is the first step in effective business redesign. All too often, once social intelligence is flowing through an organization, there is a moment of realization: “These are great insights and intelligence but we’re simply aren’t designed to act on this.”
Real-time intelligence requires business process redesign to enable agile movement for competitive advantage. That’s why Converseon remains the only leading provider of Conversation Mining with robust management consulting and activation practices.
Of course, we see others in the industry moving into this space too via joint partnership or rollup/acquisition, and we believe that our strength lies in organic evolution. We are proud that our team is rapidly evolving and our solutions growing. I am also quite excited because some of the most interesting technology and solutions have yet to emerge from our R&D work.
We appreciate the industry recognition for our work, but won’t for a moment rest on our laurels. We have a 24-hour rule here: even with good news, we allow only 24 hours to pass before moving on. And we agree with the general observation of the industry: the best is yet to come.
You can obtain additional information from Forrester.
The Forrester Wave is copyrighted by Forrester Research, Inc. Forrester and Forrester Wave are trademarks of Forrester Research, Inc. The Forrester Wave is a graphical representation of Forrester’s call on a market and is plotted using a detailed spreadsheet with exposed scores, weightings, and comments. Forrester does not endorse any vendor, product, or service depicted in the Forrester Wave. Information is based on best available resources. Opinions reflect judgment at the time and are subject to change.