Showing posts with label forrester. Show all posts
Showing posts with label forrester. Show all posts

Jan 5, 2010

The 2010 Social Media Marketing Ecosystem



by davefleet on 01/04/2010 07:24   0 comments , 4074 views 


Forrester Research analyst Sean Corcoran recently posted a insightful breakdown of some of the differences between owned media, paid media and earned media. Given the ongoing convergence I’m seeing between different communications disciplines which I’m seeing on a daily basis, this got me thinking.
Owned, paid and earned media breakdown
The thought process ultimately led me to sketch out my take on the social media marketing ecosystem in which corporations operate – shown below.
This is my take on the ecosystem within which the new wave of hybrid marketing agencies like ours need to operate as we enter 2010.
Social Media Marketing Ecosystem
Social Media Marketing Ecosystem Legend
This is pretty complex, so I’ve broken it down into different system elements below. Note though, that the different elements work best when we succeed inbreaking out of communications silos and integrating our communications strategies.

A few notes up-front

  • As complex as this image is, it’s still a drastic over-simplification. There are many more linkages than are displayed; I’ve simplified to the graphic is still readable.
  • The ecosystem is constantly changing. A few months down the line, the big four social networks may have changed.
  • There are many, many other social networks, forums and other sites not directly shown here. They’re grouped into “Other” but may in fact play a significant role in your activities, depending on your company.
  • MSM stands for “mainstream media.”
  • Each of the different elements can both act as a focal point and/or support other tactics, depending on how they are used within an integrated strategy.
  • The following sections each filter certain elements from the overall ecosystem above, to provide a simpler view of the owned, paid and earned elements of the system.

Corporate Social Media Ecosystem (Owned Media)

Corporate Social Media Ecosystem
Key elements of the ideal corporate social media ecosystem:
  • Hub and spoke: Adopts a ‘hub and spoke’ system centred around a corporate social media hub, whose form will depend on the organization.
  • Tiered hub and spoke: Each social network may have its own hub and spoke system, if necessary. For example, you may have a primary corporate page on Facebook supported by several applications and product-specific pages.
  • Integrated: The hub is as integrated into the corporate website as possible.
  • Fewer Microsites: Todd Defren and Maggie Fox both make compelling cases for companies to stop and think before investing in microsites. I agree. They may have their place in this ecosystem, but shifting to a social network or building on top of your flexible social media hub may make more sense.
  • Mobile is ubiquitous: I considered including mobile as a separate component in the ecosystem, but decided against it. The web is becoming device-agnostic. Companies need to consider mobile content and applications as part of every aspect of their corporate web presence.
  • Inter-linking: The social media hub links to all external corporate social media properties and profiles.
  • SEO-powered: Search engine optimization (driven, in part, by social media activities) helps to drive traffic to the corporate website, social media hub and external social media properties and profiles. This goes for both the corporate site and separate properties. SEO could fall into any of these buckets, but for the sake of simplicity I’ve included it in this part of the breakdown.
  • Two-way flow: The information flow around social media elements is (depending on the organizational context, of course) two way.

Corporate Mainstream Media Ecosystem (Earned Media)

Mainstream Media Ecosystem
Key elements of the mainstream media portion of the ecosystem:
  • On and offline: Mainstream media exist both online and offline (many are both). Either way, they can drive significant traffic within the social media marketing ecosystem.
  • Two-way: Ideally, the information flow with mainstream media is two-way in two ways:
    • Earned media drives quality traffic to your properties; your properties can generate stories within the mainstream media (both positive and negative)
    • One of your goals should be a constructive dialogue with mainstream media which enables you to achieve your goals while making the journalists’ lives easier.
  • Multi-destination: Earned media coverage will primarily drive traffic to your corporate site in the short term. However, earned media coverage can raise broader awareness, thus driving traffic to your external properties and social media profiles (especially over time within a sustained media relations program).

Corporate Advertising Ecosystem (Paid Media)

Corporate Advertising System
Features of the corporate advertising ecosystem:
  • Social and non-social: Advertising takes place both within social media sites, but also within other online properties (search engines are a prominent example, as is CPM/CPC advertising on mainstream sites).
  • Interwoven: While paid online media stands alone within the social media marketing ecosystem (represented here by “SEM,” it is also interwoven throughout many other elements.
  • Multi-destination: Much of your advertising may drive traffic to your corporate website. However, advertising can also support your social media efforts by raising awareness and driving people to your social media profiles and properties.
  • Multi-faceted: “Ads” within many social networks can mean many things. Facebook, for example, your advertising activities might extend beyond regular Facebook ads and into “appvertisements.”

Make sense?

Together these different elements combine to form the more complex (yet still simplified) ecosystem displayed at the top of this post.
This is clearly far from complete. I’m curious as to your thoughts – let me know what you think in the comments and let’s refine this together.

Dec 13, 2009

Forrester’s new Social Technographics report


By Charlene Li

We just released a new report that Josh and I wrote, titled "Social Technographics". Here's the executive summary:
Many companies approach social computing as a list of technologies to be deployed as needed – a blog here, a podcast there – to achieve a marketing goal.  But a more coherent approach is to start with your target audience and determine what kind of relationship you want to build with them, based on what they are ready for. Forrester categorizes social computing behaviors into a ladder with six levels of participation; we use the term "Social Technographics" to describe analyzing a population according to its participation in these levels. Brands, Web sites, and any other company pursuing social technologies should analyze their customers' Social Technographics first, and then create a social strategy based on that profile.
At the heart of Social Technographics is consumer data that looks at how consumers approach social technologies – not just the adoption of individual technologies. We group consumers into six different categories of participation – and participation at one level may or may not overlap with participation at other levels. We use the metaphor of a ladder to show this, with the rungs at the higher end of the ladder indicating a higher level of participation.
Ladder_3
For example, 13% of US online adult consumers are "Creators" meaning that they have posted to a blog, updated a Web page, or uploaded video they created within the last month. I would fall this group because of this blog. I'm also an avid user of services likedel.icio.us so would be a "Collector" as well. But I'm not really active on social networking sites – I'm there mostly for professional reasons, not personal ones, so wouldn't be a "Joiner". Lastly, while I enjoy reading environmental blogs like Treehugger, I'm mostly a "Spectator" when it comes to that content area, although I occasionally add a comment here and there.
The value of Social Technographics comes when it's used by companies to create their social strategies. For example, in the report we look at how Social Technographics profiles differ by primary life motivation, site usage, and even PC ownership.
Profiles
The report also lays out how companies can create strategies using Social Technographics. For example, I've used the "participation ladder" to help figure out which social strategies to deploy first – and also how to encourage users to "climb up", so to speak, from being Spectators to becoming more engaged. It's my belief that not everyone is cut out from the start to be a Creator; nor is everyone inclined to jump with both feet into social networking. Companies seeking to engage customers with these new tools need to understand where their audiences are with this categorization.
I'll be holding a Teleconference on this topic on Tuesday, April 24 2007 at 1pm EST – more details are available athttp://www.forrester.com/Teleconference/Overview/1,5158,1848,00.html (note: there is a charge for non-Forrester clients).
Also, if you are a blogger in this space and would like to have a review copy of the report, please send an email to Tracy Sullivan [tsullivan at forrester.com] with your name and URL of your blog. I'd love to get feedback on how useful you find this approach.Update: If your blog is affiliated with a sizable company, you may be getting a friendly call or email from a Forrester salesperson to see if you're interested in receiving more research from Forrester. This is because I need to walk a fine line between giving away our research to potential customers and providing review copies for bloggers. Hope you understand, and let me know if you have any questions about this.

TRACKBACK

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Listed below are links to weblogs that reference Forrester’s new Social Technographics report:
» What Kind of Catalyze Member Are You? from Current Wisdom
Charlene Li and Josh Bernoff are analysts at Forrester who cover the social technology., media and networking space. In a recent blog entry, they summarized their findings on social technographics.&n ... [Read More]
» Which consumer 2.0 are you? from SaaStream
Blogs, podcasts, video-sharing sites, social networks ... You will find below great graphical representations of Forrester's Social Technographics® research results … a very informative set of charts as to the demographics of Internet users and how the... [Read More]
» Which consumer 2.0 are you? from SaaStream
Blogs, podcasts, video-sharing sites, social networks ... You will find below great graphical representations of Forrester's Social Technographics® research results … a very informative set of charts as to the demographics of Internet users and how the... [Read More]
» Online participation numbers in detail from Knowledge Jolt with Jack
Forrester's recent report, Social Technographics, has generated some discussion on the web. My first impression is that this may be a new way to think about the "1% Rule" of participation. [Read More]
» Charting 2007's Three Big Web 2.0 Trends from Micro Persuasion
"The best thing about the future is that it only comes one day at a time." - Abraham Lincoln Thinking about the future is fun. It's what I am paid to do. However, I never contemplate the days ahead without [Read More]

COMMENTS

Jonny Bentwood
This is an excellent insight into how companies should make bespoke programmes dependent upon the audience they are trying to reach.
Too often I have seen a 'one size fits all' methodology into new media outreach.
Hopefully, this kind of research will push vendors to consider that different approaches need to be taken dependent upon the micro-audience that are targetting.
My post backs this up - http://technobabble2dot0.wordpress.com/2007/04/24/best-practice-approach-to-social-computing/
paul
Aren't newspapers, Radio and TV social technologies?
We're readers, listeners and viewers to the technologies, but classed as consumers by advertiser.
Aren't we all annalists in this medium of online communication and shouldn't a report on social technologies be collaborated on by a community?
Sam
We've seen a lot of companies with laundry lists of collaborative tools that they need and we always tell them the same advice you do: What are they really trying to build, why and how do they plan to succeed? Turning on collaborative technology doesn't mean people will suddenly use it. That's the "Field of Dreams" approach. Unfortunately, most people think you can "buy" community. Another problem is that there often isn't someone at the business level charged with how to plan for success (and your ladder approach is a good tool for it) and then actively manage it. Too often, it's someone in an isolated department or someone with a tool-centric view of the world.
Your participant percentages are helpful. It's interesting to see how those percentages change inside a company vs with a company's external community. Participation vastly increases when everyone is on a single collaborative platform. We see the internal and external worlds becomming continually closer (which is why we build products for both). Once companies are more regularly interacting with their customers, it could very well change the ladder percentages and increase customer engagement.
Dan Greenfield
Very helpful analysis of user data. It is very easy to focus on the technologies and lose sight of a coherent communications strategy. I agree that you need to start with your target audience and understand how they use tools. But don't overlook corporate culture and employee adoption as well. Employees and management need to have the same comfort level with the new media tools that they are using to reach customers. That may not always be the case -- especially with established companies who are just beginning to embrace new media.
Filiberto Selvas
However; isn’t it true (most of the times) that across a target audience you will find individuals that fall on all of these categories? So in that case when you wrote: “start with your target audience and determine what kind of relationship you want to build with them, based on what they are ready for” Wouldn’t it be the case that across the universe of your target audience you will some are ready for deep/interactive engagement (i.e. Creators/Critics) while other are always going to be a little bit more detached (i.e. Spectators).
Also: I had the opportunity to attend one of the panel discussions you lead for the Web 2.0 conference; and I think based on what I heard the term “collector” may need to be expanded to include (or maybe a new class is needed?) what was called at that discussion the “curator” . Which I understand goes beyond the RSS consumption and moves into the aggregation and “connecting the dots”.
Filiberto Selvas
John Bell
This serves as a great checklist for the levels of engagement that could be a part of many social media initiatives. So rather than expect that you will cater to one or two levels of the ladder, could you expect to find people all along the ladder spectrum for a particular brand social media experience?
Some thoughts:
http://johnbell.typepad.com/weblog/2007/04/mapping_will_so.html
Rob Stancliffe
Good article, good summary. Are we really in a world that you can categorize people's computer by Dell and Apple? A quick check of the machines around me finds that we could be in a Dell & Apple world. If so then we're in a sad state indeed.
Matt Moore
Hello - I found the report interesting but I had some quibbles with the central conceit:
http://engineerswithoutfears.blogspot.com/2007/05/social-technographics-interesting-but-i.html
Is there any evidence that people will actually move up the ladder either in general or around a specific site? Or is it better to see individuals carrying out the activities described in specific contexts?
Rolling Talks
Hello Charlene and thanks for sharing this with us. I have a question regarding a remark you made. You said "But I'm not really active on social networking sites – I'm there mostly for professional reasons, not personal ones, so wouldn't be a "Joiner". " Is your study making the difference between professional and personal reasons why people are posting/reading on these social technologies? why do you point yourself this distinction for this particular point (and not for the others?)?
Chat
Thank You !
Christian Smagg
Thanks for this great article which is providing very informative stats as to the demographics of Internet users and how they spend their time online as well as a great approach to implementing an effective "Social strategy".
I have always been very surprised to discover how so many companies know so little about their customers, especially when it comes down to their use of social technologies and online behaviour.
My main recommendation to companies scrambling to become a part of these conversations: do not just try and get involved in every high-tech platform that comes across your in-box (being Second Life, MySpace.com or the many others). It's time to shift your focus and home in on your customers!
Please see my post on this very topic: http://www.saastream.com/my_weblog/2007/09/which-consumer-.html
As well as my blog providing additional insight on this and related topics: http://www.saastream.com