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    Accelerator Pedals and Online Ads

    By
    Steve Poppe
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    There was an article today in the New York Times by Stephanie Clifford about new ad serving technology supported by real-time bidding, allowing ads to be served based on keywords and cookied behavior.  Supposedly everything takes place in milliseconds — before the page even load. (Is it me or are page loads getting slower and slower?  Thanks ads. Thanks beefy Web 2.0 apps.)

    It stands to reason that as this technology matures a good deal of these immediate, personalized ads will be price-based. And how do marketers lower prices?  By cutting margins elsewhere, meaning brand advertising budgets, etc.  Fast forward a year or two and think about all the low-cost, challenger brand/no brand, tailored ads filling up your screens. Likely, you will have bitten on a price ad or two and had a poor experience and now avoid these ads altogether. Your avoidance behavior may be similar to that toward telemarketers.  And it’s too bad because as the behavioral modeling grows it has an opportunity to be an important selling mechanism.

    But initially it will be price, price, price!  A word of caution marketers: Don’t fall into the price war — web ad bidding war.  It will be hard to get out of. And some of your accelerator pedals might stick. Peace!

    4 Uses for Social Media

    By
    Steve Poppe
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    Social media programs typically fall into four categories: brand building, customer care, promotion  and smiley noise.

    Brand Building requires that a one actually has a brand plan (brand idea and three proof planks). So long as you’re creating and sharing content that is on-idea and embodies one of the planks, you are making brand deposits — caring about what your customers’ care about and at what you are great.

    Customer Care is all about listening.  But this listening has created a cottage industry of kvetchers who have been rewarded for using social to air grievances, as I did this week when tweeting that my Nokia 928 has had to be returned 7 times due to a faulty ear piece.  The fact is, customer care is an important part of social when properly handled.  It also provides metric for the c-suite. And if a company uses it as part of a CRM program all the better.

    Promotion is the top reason customers unfollow brands in social media. Data suggests 70-80 percent cite “too much marketing” as why they ban brands on Twitter or Facebook.  Again, many companies are conditioning the market to look to social for deals, just as they sometime reward kvetchers. Promotion is an important part of marketing,. It builds trial, helps hit slowed sales goals and creates rewards. But using social to fire hose freebies and to-fers is not a good lone use of the medium.

    Smiley Noise is just what it sounds like.  People think it’s okay on social, because, well, it’s social. But smiley noise would never make it as an ad. It’s noise built pass along. Or to create likes. Or to fill the social air. Here’s some smile noise from Penn Medicine. 

     penn medicine tweet

    Social media isn’t a static thing. It needs to live and breathe. It needs to be current and friendly but also important. Social doesn’t get the strategic oversight it should or the respect it should. But it will, oh it will.  Companies with real brand plans are the companies doing it best.  Those are the companies doing all the other stuff best, as well. It pays to have a plan. Peace!

    Cull the Follow Herd.

    By
    Steve Poppe
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    I’m a big Lindsey Vonn fan.  It borders on creepy but not creepy enough to visit her Facebook page. Yesterday, Lindsey announced she pulled out of the Sochi games.  I learned about it on Twitter. She in in my Facebook feed, I think, but doesn’t show up so much as she’s kind of busy.

    As an adult and marketer, I have started to coalesce my thoughts on social networks. Readers know I’ve long said Facebook is for friends and school peeps.  LinkedIn is for people with whom I have done business (ish). Twitter is for all of the above plus likeminds and admirees.  Twitter is where I share my total persona. Some politics. Some personal philosophy.  Some troll-able business scat (not the dung).  It is where I hope to learn from others, often those unknown. Twitter is my most expansive social network.  

    Facebook is only as good as the shares — and sharing is magnified based on how close you are to the person. I’m not going Gaga over a 7th grade crush showing pictures of her kids in Clearwater (Facebook). Your feed is watered down if it has too many uninteresting posts. Burger King is offering $4.00 duck burgers. That said, I really don’t cull the “follow herd” and that’s an issue for Facebook.  Too much noise in the feed.

    What to do about it.

    Remove unwanted friends, peripheral people and brands from your Facebook community.  You can always add them back.  You can always find the brand if you need it. Play LinkedIn by the book and only connect with those you have done business with. The rest is spam.  And fly like a birdie on Twitter. Note to Twitter: don’t extend beyond 140 characters.  Where does this leave marketers? Better off. With more traffic to their own sites and ads that are more powerful because they are ads – not friends. Peace.

     

    Bing’s Decision Engine. Part 2.

    By
    Steve Poppe
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    Bing may be a better search engine; it may not be.  If you listen to Microsoft insiders it certainly is. If you listen to SEO nerds it’s a toss-up or a no.  If you try Bing, it appears to be a new skin with better pictures on the same algo.

    Bing’s initial advertising straddled the fence on 2 ideas: the decision engine and information overload. The latter was fun and made for great advertising and a great launch. It set the stage for an implicit benefit: make better decisions. The benefit was not explicit, though the tagline was. Microsoft recently moved the Bing business to Crispin Porter Bogusky from JWT and is running a new TV ad talking about Facebook integration. (Integration is a word techies use when at a loss for other words.) The new work is cute and will appeal to fast-twitch media consumers (millennials) but it feels idea-less.  I’m not getting information overload or decision engine.

    Though not everyone who searches is looking to make a decision, decision engine is a good strategy. Tying the wagon (Could I be more of a geezer?) to Facebook or Project Glee is a borrowed interest approach to marketing. It’s a tactic. The nerdiest softies in Redmond know their search algo is better than Google’s. Someone just needs to find out why. And how.  Then take that how and wrap it English — with song, pictures and video and sell some clicks. And the real softy nerds know this. “Why are we singing, when we should be saying?” Decision engine is the idea.  Organize the proof. Peace!

    Posters of Yore.

    By
    Steve Poppe
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    I’ve bifurcated the social media landscape into Posters and Pasters. Posters are original content creators: musicians, artists, video creators, subject matter experts and bloggers. Pasters are the other 92% who curate other people’s stuff. Pasters share links.

    But there is another group of social media cohorts that have been growing in importance over the past 8-10 years. Part poster, part paster, they have become a cottage industry. The Influencer. Influencers come in many styles and flavors so you know it is a thing. There are micro influencers. Nano influencers. Not to mention mega and macro, all referring to the CPM they are paid to post on their feeds.

    But some influencers are tainting the waters. They’re all hat and no cattle as the Texas saying goes. They are more videogenic than thoughtful, truthful problem solvers. More entertainment than value. Ten years ago, the way for an influencer to make money was to monetize through a banner ads and newsletters. It was a craft. Today, they’re paid by ad agencies and product placement companies and have become a media channel all to themselves. (Oh, and they may also be buying their followers.)

    Don’t get me wrong, there are a thousand of great influencers out there who put in the time, dedicate themselves to helping educate others, and sharing about the topic they love. The difference is, they are about the love of subject and intimacy with followers, not the CPM. 

    They are Posters of yore.

    Peace.

     

     

    Social Media Winning: Map and Manipulate.

    By
    Steve Poppe
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    Do you know what is driving all the “free” on the Web?  Marketing. Not just advertising but marketing.  Why is Facebook so valuable?  Why does Google have more money than Allah? Where’s that money coming from?  Yep, Toyota and P&G and Verizon.

    And as we glance beyond the dashboard at the future and see, as the iPad commercial puts it, newspapers with videos and magazines that sing, we see a world in which the Web and mobile devices are the primary instruments of marketers. The devices know what we like and where we are.  They know when we are sleeping. They know when we’re awake. Dare say, they know when we’ve been bad or good.

    As the social web evolves and the big ad and marketing shops learn how to “map and manipulate”, it will become more apparent that people with influence are the drivers of marketing.  Kim Kardashian, for instance, earns $30,000 for a tweet.  To a tech start-up a Robert Scoble endorsement can mean the difference between being funded and being fun dead. So where am I going with this?  To Klout.

    Klout is the new online oxy. It’s a drug…and more and more Posters will be talking about it. The Klout score will identify those people who advertisers want to target. And revere.  High Klout scores and predictions thereof will be the things around which ad agencies develop departments. Klout is on to something and they know it.  Get it right dudes and dudettes. And get it right soon before a competitors snaps it up. Peace!

    Is Resonance the Grail?

    By
    Steve Poppe
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    My first encounter with metrics was when a friend at Ogilvy Direct (now OgilvyOne) explained how Vanguard Funds tracked ads to resulting investments.  Each ad had a unique code that found its way through the process and when money was deposited it generated an advertising-to-sales ratio. Ad creative, size, media could all be calculated.  This approach is why direct marketing, nee direct response, nee direct mail agencies were the digital agencies of the day in the 70s and 80s.

    In the 90s banner ads were the haps.  They were new and measurable and web advertising was ready to kill traditional. But as click-through rates diminished sales people told you banner were awareness builders. Display ads started to get bigger and richer and CTRs increased again. Then search became the new “new” and SEM/SEO shops multiplied like rabbits.  Search though, is a half nasty business — with a good deal of practitioners hacking their way to the top. (Are these the people who always talk about authenticity?)

    Resonance.

    Today social media is the haps. And social companies are finally taking monetization seriously.  Twitter’s resonance concept is a great start. Twitter’s Promoted Tweets measure nine factors to determine resonance, which is used to determine whether an ad stays or goes and what to charge. According to the New York Times, three of those factors are “number of people who saw the post, the number of people who replied to it or passed it on to their followers, and the number of people who clicked on links.” Some say social media is not about selling, it’s about engagement. That’s like saying you go to a singles bar to make friends. It’s only a 5% true. Resonance tied to sales is coming. Who ever cracks that code will be the David Ogilvy of the decade.  Peace it up!

    Social Media For Good.

    By
    Steve Poppe
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    0

    When the Flip video camera, now owned by Cisco, first came out I posted it will change the world.  If you thought the video taping of the Rodney King beating changed the world, image how putting video cameras in every pair of pants and pocketbook might alter history.  Hello Iran? 

    Social networking, still in its infancy, is going to change the world in even more powerful ways. Flatten away I say.  Social networking and social media started out as friend finding, simple messaging, and posting of photos and captions — uses which are still going strong. More recently, smart businesses have seen the upside of using it commercially to improve bottom line and topline revenue through a handful of applications: Customer care, promotions and research. We’ve along scratched the surface with Social Media in business…stay tuned. 

    What’s Next?

    The next wave will be the more thoughtful use of social media. More cause related. Ask Nestle about its palm oil/rain forest problems — the result of social media pressure. Ask Nike about its policy of outsourcing production to Honduran companies who demonstrate unfair labor practices…really torking off college students. If you think a Mel Gibson diatribe can go viral quickly, wait until you see what citizen journalists can do with watchful eyes and some motivation. This new wave of social media activism is going to have mad impact.  Cover-ups won’t cover as easily and corporations and governments will need to watch their steps. It’s next. And it’s welcome. Peace it up!

    Google Trivestiture?

    By
    Steve Poppe
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    3

    I’ve been writing for a few years, with great admiration, about Google and its amazing, transformative search tools.  Sergey Brin’s original vision “We deliver the world’s information in one click” is what allowed Google to become the NASA of the web. Case in point: Yesterday I was looking for one of my blog posts on my own machine using the Windows search tool.  After three strikes I Googled “whatstheidea+things we remember” (the title of the post) and in less than a second I found my entry. No on my machine, but on the Web.

    More recently, though, I’ve found myself commenting about how Google has wandered from its original mission – getting into the productivity software, social networking, chat and now the phone business.  The brand planner in me asks “How does one now articulate the Google Is-Does?” The Googleplex is filled with amazing minds but many seem to be trying to out-engineer one another; me thinks they have lost a sense of mission.  Steve Rubel’s post today on Google Buzz so reflects.

    Culture of Technological Obesity.

    Google’s amazing growth and economic success has spawned a culture of technological obesity.  It’s time for a change.  Here’s what will happen.

    The company will go through a corporate divestiture or as was the case with AT&T, a Trivestiture.  It won’t happen now…probably within 48 months.  My bet for the three parts? Search (text and video), Mobile (OS, apps, and tools), and Advertising Analytics.  How would you break it up?  Peace!

    A Social Media Tip

    By
    Steve Poppe
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    0

    No one has done more for the medium that is Twitter than “The Donald.”  Listening to a snippet of the president elect yesterday, it made me feel as do many of his sound bites. I get the sense someone feeds him a disruptive and memorable sound bite (or he comes up with it himself) which he repeats 3 times. Sans evidence or support. Then he moves on. These sound bite are what hit the news. The approach is perfect for this Fast Twitch Media world.

    In social media, sound bites can become memes. Memes get passed around as fast as jokes and news. And they can certainly last longer.  I built a consulting business around brand and marketing memes.

    Have you ever gone to concert and sung along with the artist, but only able to sing a few of the hook lines? On the web, the memorable lines are the memes, everything else is flah-flah-flah content.

    So, the social media tip is: “Know how to build memes.”  Memes that point back to you or your company.  Memes that others will replicate and share. Google reads the web every minute. And you can’t buy off Google.  You can sometimes trick it, but it can’t be bought. Memes create traffic.

    If you are good at creating memes, endemic to your brand, if you use them and own them, you will win in social media. Just ask “The.”

    Peace                                                                                            

    PS. For more social media tips, Google “Social Media Guard Rails” (a meme).  

     

     

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