social media assumptions Archives - Page 2 of 3 by Mark Murnahan

Social Media and The Absurdity of Implied Reciprocity

If you are one of those people who expect social media favors because somebody owes you something, just stop it! If you like something and find value in it, share it with others or do whatever it is that you do with good information. Just don’t assume that it means people owe you anything.

In business, and in life, reciprocity is a wonderful thing. It feels good to do business with people who do business with you, right? You have probably heard the old saying, “You scratch my back, and I’ll scratch yours.”

A problem with reciprocity comes when people start doing things they would normally not do, only in hopes of demanding favors in return. It is nice to reciprocate, but this does not mean it is implied.

I received a message on LinkedIn yesterday that read as follows: “Hi. I liked ur PAGE through LINKEDIN GROUP. Expecting ur LIKE and SUPPORT.” I thought to myself, “Really? You liked my page in order to add to my number of people artificially interested in my work and you want me to do the same? Oh, and ‘SUPPORT?’ Does this mean you want me to feed your kids, too?” I guess I just didn’t see that as any kind of favor.

If you like what I do, and you think you could learn something from a guy with over 20 years of successful marketing experience, by all means, “Like” my Facebook page. If you think you have done me some great favor and I am going to do you a favor by liking your Facebook page which has absolutely no interest to me, you need me worse than you think!

Why would you have any desire whatsoever to have me “Like” your Facebook page if I will never, ever, be a customer or recommend you to anybody because you are a a demanding douchebag who expects something from me?

If You Like Me, Just Like Me, But Stop Expecting Favors!

Rather than to rewrite the whole thing, I want to share something I said in a previous article titled “Do You Tweet and Retweet Seeking Favors?” Here is the closely paraphrased version:

People in the social media field often build relationships in which they will work together to spread a message. As long as there is honesty and integrity in the message, I am generally happy to help. However, I have been hit over the head with some of this recently. It seems that I get a lot of requests to scratch somebody’s back. It is all fine and good to be reciprocal, but is it good to take away the human filter that makes us who we are?

If all I was doing was tweeting, retweeting, blogging, Facebooking, YouTubing, Digging, Stumbling, and etcetera, because I hoped people would return the favor, would people still care what I had to say? I do not imagine the answer is “yes”.

Reciprocity Has Its Place

Don’t get me wrong, reciprocity certainly has its place, but if you are doing things with expectations of others doing things for you in return, don’t you at least think it should be something meaningful or useful?

The only time I recall actually being a little hacked by lack of reciprocity was from a car dealer. Hell, I purchased three brand new Corvettes and a Cadillac Escalade (total cost over $240,000) from this guy in under a year’s time, and I sent him many new customers. When he went to somebody else for his web hosting because it was cheaper than my recommended $209 per year plan, I kind of thought that was a bad business decision. Then when he asked me about a new website and used my website proposal to shop around, I wanted to kick him in the nuts. Yeah, I kind of felt slapped in the face, but I will still buy a car from him based on the merits of his business … not mine!

I Did Not Buy These Just to Sell a Website!

In summary, don’t “Like” my Facebook, subscribe to my blog, follow me on Twitter, link to this page, kiss my butt with kind comments in my blog, or anything else of the sort if it is only because you want something. Do it because you know I am not full of crap and because you receive value from my hard work.

I may reciprocate, but not because I feel guilty if I don’t.

I have just one more thought for you, and it is what my wife said when I mentioned this subject to her. Here is another way to look at it, and a brilliantly performed song.

Note that since I wrote this, I have replaced the Bonnie Raitt version of the song. Apparently she stopped allowing her YouTube videos to be embedded in web pages. this guy performs it nicely, too!

“I Can’t Make You Love Me“

Dog Photo Credit to wsilver via Flickr

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Fisker Automotive’s “Fisker Karma” vs. “Social Media Karma”

Fisker Automotive is a startup automobile manufacturer based in Irvine, California that holds some pretty valuable cards in the future of “green” car technology. Like any startup, how they play those cards will close the gap on their potential to become a Ford or a Flop. First, I want to tell you how amazing the product is, and then I will share some reasons you may or may not see this 100 MPG powerhouse in a driveway near you. I will also offer some solutions. This should be a lesson to any company.

Fisker has developed an extended range electric hybrid car that I would describe as being so sexy it makes me want to take my shirt off and rub the Karma all over my body. I do not apologize if that gives you an awkward visual, because their Fisker Karma holds many of the same elements which car lovers, like myself, look for in a proper mate. It has amazing curves, it is strong at over 400 horsepower and astonishing torque, plus it looks fast standing still. I suspect that it even smells like a new car, and we all know how sexy that is, right?

Fisker Karma: The Car You Never Let Your Daughter Borrow

The Karma shares signature design elements with distant cousins Aston Martin DB9 and BMW Z8 Roadster; cars which were also designed by CEO, Henrik Fisker. Fisker may be an unfamiliar name to you, but he has a pedigree in automotive design, and has made some bold statements since his liberating personal venture into Fisker Coachbuild.

An added attraction which bolsters Fisker Karma’s market potential is that it treads lightly on our planet. In common short distance day-to-day use, the Karma is a plug-in electric car. Any true car-lover knows that electric cars have full-tilt torque-on-demand to plant you firmly into the seat in an instant. The torque, which is what makes car enthusiasts’ heart race, is mind-blowing. Don’t fret if the batteries fade, because it will automatically kick into gasoline-augmented “Sport” mode with enough power to whack your skull back into the headrest far better than your average hot rod. Bonus points come to play while the Fisker Karma can do this and still achieve 100 miles per gallon, and 300 miles between energy stops.

Fisker is Easy to Hate

The automotive industry is an easy target which many people love to hate. We love the freedom our cars give us, while we hate things like breakdowns, smog, and car makers who get bailed out while other economy-drivers eat beans and try to keep their companies afloat. Anybody who ever met a stereotypical car salesman has likely forged a few dire opinions about the automotive industry.

Karma: “the concept of “action” or “deed”, understood as that which causes the entire cycle of cause and effect”
Source: Wikipedia

Some companies are easier to beat up than others. It is often not because they are doing something wrong, but because they are not projecting enough that is right. With too little positive representation, a negative portrayal is much easier for critics to propagate. In the case of Fisker Karma, the automotive rumor shylocks have come to collect their pound of flesh.

Fisker Automotive has received a significant share of negative public attention for a company able to produce over $300 million in private capital followed by a U.S. Department of Energy loan for an additional $528.7 million (REF: US DOE Announcement).

Matters such as production delays, pricing increases, and gouges aimed at corporate officers are readily available, and even prevalent in their online media mix. I am not sure I would call it overly punishing just yet, but I consider it enough that people with the high stakes of founders Henrik Fisker and Bernhard Koehler, are wise to carefully monitor and attempt to adjust the brand image. I would also consider it punishing enough to speculate that large investors in founding partner Quantum Technologies (NASDAQ “QTWW”) have cause for any spoken and unspoken concerns.

It is not uncommon for a startup automobile manufacturer to have critics, but it is disappointing that the company does not appear as a significant participant in their publicity, positive or negative, thus far.

Thinking Points for Fisker Automotive Executives

I would like to offer a short list of solutions for the company. I also want to point out that these can be modified and applied to most other companies, as well.

Monitor: Monitor the Fisker Automotive brand. Act upon the horrid speculation and testimonies of others, using consumer-centric answers, instead of continued passive acceptance.
Qualify: Qualify benefits of issues such as price increases and production delays. There are clearly defined reasons, and they are not all embarrassing ones. The embarrassing reasons are the speculative excuses which people make up about Fisker.
Create: Create a respectable blog, for the sake of all things logical and measurable. Have a hub for the Fisker Automotive brand’s voice.
Strategize: Use Fisker’s massive technology, financial, and human assets to forge a strategy. “Sell more cars” or “Increase industry alliances abroad” are not strategies. Those are goals and tactics, but competing with Tesla’s Master Plan will require strategy.
Participate: Notice and participate in positive publicity. I have read a lot of good news about Fisker, too. In fact, I recently submitted a story to Digg.com about Fisker’s agreement with China Grand Automotive Group and watched over 40 Digg votes stack up within just a couple hours. In each of the news stories and online conversations I have read, I never witness any company participation to answer questions, but I have often seen the comments turn sour. In several cases, there is a correlation between that lack of participation and the souring of opinions.
Delegate: Be diligent in reviewing my qualifications and my drive to assist the company. My résumé is only a click away, and likely a great investment for Fisker Automotive.

I hope to see Fisker do well, and I am pulling for them. In fact, there is only a small list of companies flying this low on my RADAR for which I initiate prompts to review my résumé. Fisker Automotive is a company that I find a strong desire to work with, because I see their enormous potential, as well as their missing pieces.

The first step is to find out if Fisker is listening, and if so, whether they recognize a need to address their current and upcoming challenges of public opinions and brand marketing.

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Social Media Measurement Tools: What Do They Know About You?

Social Media Measurement is Big Business

How much do people know about you? This is an important question to a lot of people, and particularly businesses. Another perhaps even greater question is “how much do they know about you that gives false indications about you?”

Opinions are very important, and also very easy to forge in social media. At least the bad opinions are easy to create, and so it becomes important to address things which may give early impressions about you, or your company.

There are millions of companies hot on the trail to compiling data about you online. It is easy to imagine that all of the data is just aggregate data which applies to you and millions of others like you, but there is also a shocking amount of data about you, specifically. This is not always a huge security risk, such as people stalking your social media usage to know when you are home and away, or anything so threatening as that. However, a risk that it may impose is an early impression that people or companies may create about you, or insights to your weaknesses.

Whether you are in the business of social media, or using it to promote your business, there are a lot of ways for people to make early, and perhaps false judgments about you. This is not limited to subjective statements about you or your company, and it is often presented with objective data.

I will point out a handful of the social media ranking and measurement tools that people may use to gather an opinion of you. Some may appear as little more than tools to allow people to boast, and promote themselves as being greater than reality. Others may cause a greater impact, especially when used to form a composite view.

It should be noted that each of these services are subject to errors, and often have network limitations imposed by their sources. The data should never be presumed as completely accurate, but again, when a composite is created, it begins to paint a clearer picture.

Klout: “The Standard for Online and Internet Influence”

Klout has some pretty compelling data collection and measurement metrics (see Klout website). Klout measures influence of users across the top social networks, Twitter, Facebook, and soon to include LinkedIn. The service seems to be making a lot of progress with improvements such as daily score updates, which used to be limited to every six days.

On the surface, Klout may just appear to be great for producing bragging rights. However, the emphasis is for discovering others who are measurably influential within given industries or topics. This gives it huge potential for networking as people seek influencers. On the other side of the coin, it could also show competition where you are lacking.

I like Klout’s idea, and with a large group of developers working on their service, it seems they are putting significant effort into it. Since the release of a recent plugin, users are able to view Klout measurement in the popular desktop social media tool, Seesmic Desktop. This makes it clear that people are viewing this data, and most certainly forging opinions.

I believe that Klout has some real potential to add value and move their service forward. I must also say that, although they may be completely wrong about this, I am definitely flattered by their assessment of me as a “Celebrity”. Heck, roll out the red carpet … the Murnahan limo tweeted from 48th Street and is headed this way!

HubSpot Grader Tools

HubSpot has created a suite of individual tools for social media and website measurement, including a Facebook grader, Foursquare grader, Twitter grader, and more. I generally place much lower value on any singular social media signal when compared to aggregate data across multiple sources, but people are using them. The number of people using these tools to discover other influencers or forge opinions, as opposed to seeking bragging rights, is unclear.

In my experience, most ranking services which only grade based on individual services are extremely easy to “game”, and especially with Twitter. I have seen my name at the very top of each of them when I wanted it there, and it often only takes a very short time (hours, not days). Twitter is a pretty challenging place to numerically assign accurate and meaningful values to users, but services like HubSpot’s Twitter Grader, Twitalyzer, TweetLevel, and many others are trying very hard. I have previously pointed out that any algorithm to measure Twitter can be cheated, and often with ease. Here are some reference points for that statement:

PostRank Measurements are Useful, but Flawed

PostRank measures social media engagement of blogs. Yes, blogs are social media. If your company does not have a blog, please stand up and hold out your wrists for a good slapping. Didn’t you read “10 Really Good Reasons to Blog“? Your competition probably did.

PostRank pulls data from many sources, which makes it far less fallible than others which only measure single points of data. PostRank is still limited to restrictions of networks, and simply cannot aggregate all pertinent data. However, it is more compelling than many measurement tools because it aggregates and assigns measurements from an impressive collection of data points.

The image below shows an example of a PostRank score for a given article which shows what PostRank knows about it. Again, I must emphasize that PostRank data can still be flawed, due to network restrictions and the sheer volume of data which is to be reported.

Advertising Age’s “AdAge Power150” Accuracy Through Composite Data

Advertising Age gives a great example of increasing relevance and accuracy by producing a composite view across more data points. The “AdAge Power 150” shows that if you selectively merge some of the many social media measurement tools together, the outcome can become more accurate and compelling.

In the example of AdAge Power 150, they have implemented measures of Todd Points, PostRank, Yahoo InLinks, Alexa Points, and Collective Intellect. Their calculations are explained on the Advertising Age website, and I think it makes a useful example of how social media measurement can be used to form a composite view. To further the depth of the data, most of their sources pull from multiple other data sources.

Summary of Social Media Measurement

Social media influence and authority of a company or individual is not easy to measure, but many people are seeking this data to make estimated guesses about you. This is becoming more prevalent as measurement tools are integrated with other services. It is easy to let down your guard and assume that nobody actually uses this sort of information, but they are, and in huge numbers.

If your online representation is weak, competitors can key in on that weakness and use it against you. On the other hand, if your online branding stands tall and reflects industry authority, it can lead to furthering your network and growing your business opportunities.

One common fact about each of these measurement tools is that in order to be viewed as relevant, you must make consistent efforts.

P.S. One of those measures of PostRank is comments. Strangely, my blog scores sky high, even with a considerably small number of comments, but you can still do your part! Tell me what you think, and how you feel about all of this measuring? How might it affect your business? Do you have a favorite?

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Social Media Irony: Does Twitter Hate Facebook?

There surely must be some tension between the social media giants, Twitter and Facebook. After all, social media is a fiercely competitive and also very profitable industry. Once in a while, there is a blaring case of irony to make us laugh.

Irony: “… situation in which there is a sharp incongruity or discordance that goes beyond the simple and evident intention of words or actions.” (source: Wikipedia)

Maybe you will not find this as amusing as I do. After all, I laugh at a lot of absurdities that I discover online. Social media is fantastic for a laugh, and I may never get the pictures of people with back-boobs and front-butts out of my head. Yes, that’s right, I said back boobs and front butts. See for yourself at your local Wal Mart store, or follow the humorous links I provided.

NOTE: I know some fine people with back boobs and front butts, but let’s face it Snuggies are cheap, and they could disguise that stuff better than Spandex!

Now back to this social media irony of Facebook and Twitter. We have all heard that we should be using Twitter, right? Anybody in the marketing industry will, at a minimum, recommend reserving your brand name at Twitter.com.

Twitter grew like influenza since 2007, and millions of people flocked to the service to find out what a “tweet” is all about. I must say that it was not without merit, and I have participated quite heartily in the conversation surrounding Twitter.

Long before Twitter … centuries before Twitter (in Internet time, of course) we had Facebook. Facebook really hit the world by storm, and grew to over 500 million users in short order. Do you realize how big 500,000,000 is? It is big … very big!

Obviously, Facebook has a stronghold in the social media industry, but we still cannot overlook Twitter for its complex simplicity. I like Twitter enough that I wrote a book about the service, so this is certainly not a bash on Twitter. It is just an observation.

I also like Facebook, and I can spend hours spying on the lives of nearly everybody I ever knew. Then, of course, there are those many companies who do not even see it coming while I am compiling the information I need in order to crush their business with marketing intelligence that I pick up on Facebook.

A logical and meaningful bash against Facebook is like slapping a hungry grizzly bear with a slab of meat and then hoping I can outrun it. It is one of those things that sounds stupid even when smart people say it. Facebook is a winner in the information age. Knock Facebook if you like, but 500 million kind of speaks for itself.

No, this is not a bashing, but I question how they see each other. What is a good way to open a dialog of speculation on how the two social media giants view the others’ service? Make up your own mind on this (and please share your comments), but to me it seems that a look at each of their usage of the others’ service should say something. What it says could be taken different ways, and I will let you chime in with your thoughts.

Twitter on Facebook

Twitter has a Facebook account with hundreds of thousands of fans. My logical assumption would be that Twitter may actually have something more than 140 characters (the character limit on Twitter) to say to all of those adoring fans. Sure, they have a blog, and of course they have Twitter, but it seems that Facebook is not just “the competition”, and it could serve some great uses for Twitter. It seems that Twitter did not ask for, nor act upon my opinion … or the opinion of the 714,256 people who elected to “Like” them on Facebook. As the image below illustrates, “Twitter has no recent posts.” Surely they have something available if you click on “older posts”, right? No … nothing at all. They signed up for an account and did not use it, just the same way as the overwhelming majority of accounts created on Twitter. Irony? Just wait, because there’s more!

Facebook on Twitter

I guess I never really pay much attention to Facebook on Twitter, but they are there, and using the service. When I want to know more about Facebook, I either look at Facebook or find it on one of my favorite Facebook-focused blogs. Facebook really does not need Twitter, but they apparently found value in embracing Twitter as another tool. I commend them on the choice to use Twitter, and it just makes good sense to me.

In contrast to Twitter’s blank Facebook page, Facebook sends updates using Twitter. As illustrated in the image below, Facebook is not a huge user of Twitter, but has sent 683 tweets since their account was created in March 2007.

Does Twitter Really Hate Facebook?

I guess it is a stretch to say that Twitter hates Facebook, but it is pretty clear that they do not have anything to say to the people who chose to “Like” their Facebook page. It seems that they could at least try it out and perhaps come out and say “tweet”.

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Things You Cannot Sell Online

What Cant You Sell Online? — What Can't You Sell Online?

Is it true that there are some things you cannot sell online? I was recently visiting with a gentleman who had made some haphazard attempts to sell online. After his short-sighted efforts, he had developed some doubts about marketing his products and services on the Internet. I think this happens to a lot of people who are unfamiliar with online marketing and had a share of online failure. This gave me some interesting thinking points.

I want to help shatter the myth some people hold that their product or service cannot benefit from targeted online exposure and careful branding. I also want to explain how dreadfully wrong it is to assume that your ideal customers cannot be reached here on the Internet.

I should note that even the items which are not ordered by way of ecommerce are still sold online. Sure, there are restrictions for selling some items online. Examples of things you cannot sell online are certain explosives and illegal drugs. Some products are restricted by location, such as alcoholic beverages, ammunition, and encryption software. This does not mean these are things that can’t be sold online, because there really isn’t anything sold that in some fashion or another is influenced by the Internet. In fact, in the real estate industry it is claimed that over 98 percent of home purchases in USA begin online. A much smaller number of sales are completed online, but the sale begins here, so it is an important place to be.

I feel dismay for companies missing so many opportunities because they just don’t know how much they don’t know. I feel ashamed for the ones who know it and do nothing about it.

In the instance of the gentleman who brought this to mind for me, he was convinced that the only people who will encounter his business online are bargain hunters seeking the lowest cost and do not seek value. I tried to explain that if this is the case online, it is also the case offline, and that those are the same people who turned his salesman down during their last sales call. When the salesman left, the prospective customer went to shop online, and where was he? He was nowhere to be found. I tried to explain the importance of brand recognition, improving customer experience, and gaining customer loyalty. It all kind of escaped his grasp like a greased pig when I explained that you can actually target a marketing message to qualified customers of your choice based on demographics and their propensity to buy your product or service.

I tried to help him better understand the value proposition his company offers, and how to make it more obvious to buyers. I explained that providing a value proposition is important, and that it will not make sense to everybody. It will make sense to some, and those are the ones we call customers. You will never reach them all, but the area you concentrate on are the people you can turn into customers. Then you find out how you did that, and you do it more.

Proof About a Product You Cannot Sell Online

A good web statistics system is great. You can pinpoint exactly who is on your website and what they are doing there. I phoned this gentleman today when I noticed somebody interested in his product offering. They searched Google for the term “where to buy airliner slate”, and they found my recent blog article titled “Smart Slate, Smart Airliner, and Other Interactive Slates“. They even read it for three minutes forty seconds. I called my prospective client on the phone and told him the actual name and location of the company who was searching for the product. I had a hot lead for him to follow up with. He told me “They are a customer of ours” and he gave me the impression that the information was not useful to him. It was almost an arrogant tone he gave me. He laughed it off as a fluke that I actually had one of his customers on my site seeking to buy his product offering.

He did not grasp that this is only one of many instances that can help him to know what is happening in his market, and to potentially avoid losing customers to somebody else. He really didn’t understand how valuable information like this can be when it is not just once, but many instances each day, each week, and each month. It blows my mind that he does not see the advantages the Internet can hold for his market. I mean, people are searching for his products … a lot, but they are finding me. I don’t sell that stuff, he does, and I have showed him the competitive advantages that good data, good targeting, good branding, and a good value proposition can provide. I gave him a tiny little example of this, and explained that it is one of many little advantages that add up to a huge advantage. This was a real case of specific information that could help him avoid losing an existing customer.

Pizza, Porsche, and Proctology Each Sell Here!

You can buy anything from a pizza to a Porsche online, and nearly every imaginable product or service is represented. People have sold items including dog poo, prostitutes, televisions, homes, and even whole cities using the Internet. I have not found an industry segment without an Internet success story to tell. Of course, there is the occasional skeptic who gets in his own way and believes he is the unlucky one who cannot sell his products or improve his market share online. Imagine that dreadful industry that is entirely overlooked by Internet users. It is that sort of product or service that the proprietors believe is only harmed by the Internet, and everything would be fine if all those dreaded websites would just go away. Do you know the type I am talking about?

I met another one like this who did not believe the Internet would provide value to their brand or influence their potential customers. Well, they knew it mattered enough to contact me and even sign a contract, but not enough to pay the bill. Somehow that all looked a bit different to them when they found that thousands of people were seeing this article about them when they searched for “Suture Express“. I had previously given them a clear example of Internet marketing with a real life example showing that people were actually searching to buy Ethicon surgical sutures online. They signed a contract for Internet marketing and SEO services with me and never paid for the services. Later, they thought I was a “kook” when I tried to explain the value of reputation management and taking their Internet reputation more seriously. In this case, they just didn’t realize I am a very smart “kook” with a lot of experience at Internet marketing and reaching the right people with whatever message is appropriate.

It seems that my most common encounters with this type of mentality comes from people who have expressed an interest in improving their online market position, but come to me with all of their own answers instead of wanting the right answers. They are the know-it-all about their market, and even people who specialize in marketing cannot tell them anything they don’t know. Other instances occur when people realize that the Internet is important to their business, but not important enough to do things well.

Their real fears seem to come out once they realize they will actually have to make an investment in their business. They want to know what I know, but they also want to have excuses to avoid paying to get what they want. So, they throw up this smokescreen response that they just don’t see how good branding and greater exposure to their market, and exposure to the people who influence their customers, could ever really be valuable.

Can You Name a Product That Cannot be Sold Online?

Is it the termite farmer? No, termite farmers use the Internet to promote their brand, and yes, to sell termites. If you are in the market to buy termites, you may order termites here. Maybe it is the proctologist? No, although they may not perform your surgery online, a proctologist can grow recognition as an authority in the field of butt medicine. I am having a hard time finding what cannot be sold online, so maybe you can help me in this fun and interesting quest.

I have given you just a glimpse of the mentality of those who get in their own way with believing the myth that their product is exempt from the long list of Internet success stories. Do you have any thoughts on this?