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Social Media

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Is crowdfunding a social game changer for entrepreneurs & small businesses?

If you are a small entrepreneurial business or organization, you know you have had to keep a tight lip when raising equity. Specifically, you have had to remove any conversation of raising money in your social/digital spaces, especially when comes to soliciting funds. This makes it extremely hard for organizations that are trying to grow their business, restricting them from talking about a major focus of the organization.

For the last year, I have been working with Serrus Capital Partners with their digital/social efforts. Serrus is real estate investment firm not only raising capital for specific funds but using those funds to purchase distressed properties as investment properties. These properties are then refurbished, revitalized, and given a tremendous facelift and structure upgrade. They have to raise capital to fullfil their business model, yet cannot “talk” or solicit online via social outlets. This would be securities violation and ultimately breaking the law.

Our blogging and social efforts have been focused solely on raising awareness. The blog has been focused on topics like leadership and entrepreneurship. Video content has been created for YouTube to share the mission of the organization and communicating goodwill. Twitter and Facebook are used as channels to share this content. We have been telling stories of people that have been helped with affordable housing, contractors who have been put back to work, and communities/sub-divisions that now have properties that meet or exceed the surrounding property values.

We cannot talk about money. We cannot mention investing in the fund. We cannot share financial information unless numerous attorneys scrub through the content. Sometimes this content that was time specific misses window(s) of opportunity.

So, what is crowdfunding. The Portland Business Journal just released an article about this topic:

“With ‘crowd funding,’ startups would be able to more easily seek equity investors in places like Facebook. And most of the people, believes the real advantage comes in the freedom to use social media to attract investment. The beauty of crowd funding is it can provide you with a very diverse and passionate group of funders who are putting money into your company because they truly believe in what you’re doing and support you even though they’re not accredited investors. “

Kent Hoover, Washington Bureau Chief of The Business Journal, writes this past March:

“The legislation will enable small businesses to use the Internet to raise up to $1 million in small investments from lots of people, a technique known as crowdfunding. It also will encourage more companies to go public by exempting them from some Securities and Exchange Commission regulations in the first five years after an initial public offering.”

The article also stated, “House Majority Leader Eric Cantor said the legislation ‘will increase capital formation and pave the way for more small-scale businesses to go public and create jobs.'”

Basically, “The new law would largely lift those barriers, allowing companies to raise up to $1 million in equity capital from an unlimited number of investors, while allowing the offering to be marketed widely, including on social networks or crowd-funding sites like Kickstarter.”

Many individuals in small business or entrepreneurial communities leverage their online communities to build their contact lists, communicate, market products or services, or connect with new business opportunities. Many of these individuals have built large online communities yet cannot leverage the technology to share their passion, especially when it comes to raising funds.

On April 5, 2012…President Obama signed the Jobs Act which included “Crowdfunding” in the bill. Mashable.com reports “The bill classifies startups as ’emerging growth companies’ that can turn to online investors to raise much-sought-after startup capital — similar to how websites such as Kickstarter let users raise money for films, books or other projects.”

It was also reported in this Mashable.com article, “In the amended bill, the Senate gave the U.S. Securities and Exchange Commission 270 days to interpret and issue the rules for the public. That means potential investors may have to wait until 2013 before it’s legal to make an investment. In the meantime, there are a few things they should consider.

In about 90 days the Access to Capital for Jobs Creators Act should go into effect, allowing companies to tell the public that they are raising capital. In the past, this type of solicitation was illegal and could exempt the company from raising money privately. Now, startups should be able to solicit their deal, which could mean that more investors will be able to hear about it.”

This is a game changer for many organizations in how they can communicate when raising capital. “The caveat is that only accredited investors can participate in those deals where the company is soliciting. In other words, this will only apply to investors who fall into the following categories.

1) Your net worth is more than $1 million, excluding your home
2) You have $200,000 in new income for the last two years and a reasonable expectation to make $200,000 in the current year
3) You have $300,000 in household income for the last two years and a reasonable expectation to make $300,000 in the current year.”

Now, how will this effect groups like Serrus? Not sure yet, we are in the middle of that period when the U.S. Securities and Exchange Commission has 270 days to interpret. At the same time, many organizations are engaging their legal counsel to see how it will impact their current solicitation models. From a social/digital perspective…the needle is moving.

So how do you plan over the next 270 days in anticipation of the new rules and regulations, it is the time to continue to build your online communities?

Articles used in this blog post:

Portland Business Journal: “With crowd funding, social media becomes a powerful tool”
The Business Journals: “House sends JOBS Act to president”
Mashable.com: “Crowdfunding: What it Means for Investors”
Mashable.com: “Obama Signs ‘Game-Changing,’ Crowd-Funding JOBS Act”

***Image from Mashable.com’s “Obama Signs ‘Game-Changing,’ Crowd-Funding JOBS Act“

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Ethics Discussion: Is it News, Journalism, or Traffic Drivers … The Social Trap

The debate is heated and has been heated for years…how does the social space play inside the journalistic space. This morning the above status updated came across my newsfeed inside Facebook. So here is the story or “news” that was reported via WYFF.com:

“Deputies say a security officer inside the store noticed Ariail trying to leave the store without paying for items. Some of the items included a youth cup, Pokémon cards, a box of hair color and two bottles of wart remover.”

I immediately began to question why is this “news” and why this story warrants this report on Facebook? Gigaom.com posted an article surrounding this issue “So can we stop talking about bloggers vs. journalists now?” In this article they look about HuffingtonPost.com, who just received a Pulitzer Prize, they look at how this “social outlet” created it’s broad reach.

“Did the Huffington Post leverage its web speed and broad reach, including traffic-driving features such as slideshows of swimsuit models and aggregated posts based on stories written by other media outlets, to build the foundation that allowed it to add those traditional journalistic elements? Of course it did, just as many newspapers have. In fact, the history of newspapering — and particularly pioneers like William Randolph Hearst — reads a lot like the rise of the Huffington Post and Buzzfeed and other entities, except with paper instead of bits.”

So is the Facebook status update from WYFF.com “news” or even “journalism”? Or is just content provided to merely drive traffic? And does this have a place in the journalistic space?

So back to my original thought…when I first noticed the status update, I was honestly sad for the woman. I immediately assumed she was a mother who was probably trying to find a toy for her child and another few items, and did not have the funds to pay for the items. I had many questions, areas where I would want to research to find more answers.

1) Is she a mother?
2) Does she have a job?
3) What was her prior arrest?
4) What makes stealing Pokemon cards so compelling?
5) Is she a product of the social/economic time where it is hard to find a job w/o good skills?
6) What are the petty theft rates in South Carolina in the past few years given the recent unemployment rates?
7) What is the larger story?

These questions led me to wonder why WYFF.com feels compelled to update Facebook with something that I feel makes a marginal case as “news” or even “journalism”?

So Let’s define our terms:

1) News:
– Newly received or noteworthy information, esp. about recent or important events.
– A broadcast or published report of news.

2) Journalism
-The activity or profession of writing for newspapers or magazines or of broadcasting news on radio or television.
-The product of such activity.

Ok, based on these definitions from Definitions.com, maybe it can be considered news…but journalism? Let’s see what the University of Missouri’s Journalism School defines as journalism. I found Walter William’s Journalistic Creed:

“I believe that the journalism which succeeds best—and best deserves success—fears God and honors Man; is stoutly independent, unmoved by pride of opinion or greed of power,constructive, tolerant but never careless, self-controlled, patient, always respectful of its readers but always unafraid, is quickly indignant at injustice; is unswayed by the appeal of privilege or the clamor of the mob; seeks to give every man a chance and, as far as law and honest wage and recognition of human brotherhood can make it so, an equal chance; is profoundly patriotic while sincerely promoting international good will and cementing world-comradeship; is a journalism of humanity, of and for today’s world.”

This definition led me to a a conversation between Reynolds Journalism Institute Fellow Mike Fancher and students at the Missouri School of Journalism who tackle this question…they are trying to define the meaning of journalism:

“The concept of “conversation” may be perceived as part of accessibility. You’re no longer “looking down” upon your reader, or your audience, or citizens. You’re collaborating with them in the news process.”

Let’s go back to the Facebook status update, as of 6:30pm on 4/19/12, there were 44 comments. This status update created a conversation between WYFF.com and the “audience.”

MediaBistro.com shares this information:

“According to recent data, newspapers have just a single percentage point lead on social media as a source of reportage, with Facebook (59.5 percent), Twitter (19.9 percent) and YouTube (12.7 percent) leading the charge. Since 2009, traffic to news sites from social media channels has increased dramatically, and some 57 percent of adults who consume news via a digital device predominately use Facebook and Twitter.

Of course, journalism isn’t actually going away – it’s simply the medium that is changing. While social media empowers all of us to be the source, and to break the story, there will always be a high demand for quality reporting. But the way in which we digest that information is rapidly changing – and in this writer’s opinion, very much for the better.”

So are the lines between “old” and “new” media beginning to blur and converge more and more everyday? Social outlets like blogs are playing a huge role in how news outlets are engaging audiences, with more editorialized content.

“And while the Huffington Post has been getting more and more newspaper-like, entities such as the New York Times have been getting more blog-like: the relaunch of the medical section of the paper’s website, called Well, is just the latest in a series of similar relaunches that have turned sections of the NYT into blog-style portals.”

So is this status update news? Based on the definition above…Yes. Is this status update journalism? Some say yes and some say no. I say, where are the journalists at WYFF.com? Why are they not taking this simple status update, one that is being used as traffic drivers for content exploration, and take part in a little “investigative journalism.” Why not dig deeper into this story and use this content driver to a bigger story, the real heart of this story?

Or…should we just accept it at face value. It is not news, not journalism, and media outlets will always integrate content like this to generate clicks, driving traffic to the news they are covering. This type of sensationalized content is at the heart of the social metric of major news outlets. Because clicks leads to ad revenues.

So…let’s just accept in the journalistic space, there is a business side to the purest approach of reporting the news.
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Links and referenced articles used in this post:

Wikipedia for Journalism: Definition of Journalism

Walter William’s Journalistic Creed: Reynolds Journalism Institute

Reynolds Journalism Institute: “So you call yourself a journalist.” What does that mean?

MediaBistro.com: “How Social Media Is Replacing Traditional Journalism As A News Source”

Gigaom.com: “So can we stop talking about bloggers vs. journalists now?”

WYFF.com: “Report: Woman tries to steal Pokemon cards, wart remover”

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Pinterest – The Art Deco of the Social Space

We are trying so hard…so hard to find a way to cram all of our short lived pre-conceived notions into this perplexing visual space. Pinterest intrigues us, fascinates us, and allows us to touch the visual cues that we once allowed technology to overshadow.

Have you walked through an art gallery, finding yourself lost in a see of visual stories positioned vertically and horizontally for you to ponder. Have you found yourself in this art gallery stopping to gaze and then find yourself conversing with another on-looker.

What makes us vertically scroll the horizontally decked board of visual cues that we call Pinterest. What makes us stop and look a little longer at someone’s daily art? What makes us want to engage a new set of friends that allow us to connect in a different language.

Pictures have a special place is our visual hearts…to explore, share, and gaze. They allow us to dream, cry, laugh, wonder, and explore just a little bit.

Wikipedia defines art deco:

“At its best, art deco represented elegance, glamour, functionality and modernity…Although many design movements have political or philosophical beginnings or intentions, art deco was purely decorative.”

Yes…I would have to agree. Now, this is a romantic view of this new social technology…one that has spread across the social space like a fire storm. It has made us wonder why it is now the third largest social network. It has also made us wonder how it creates such rich SEO and digital connection for blogs and online retail outlets. It also makes us wonder if the marketers are going to take the art deco out of the visual exploration.

I don’t know about you, but I have chosen carefully this time. I have chosen which boards to follow, which person to follow, and eagerly un-follow people that do not bring something interesting, innovative, and new to my stream of images.  Pintest has become for me the art deco of the social space. My Pinterest stream is one of “elegance, glamour, functionality, and modernity.”

As I sit in marketing meetings, discussion strategy after strategy how to leverage this explosion of paint and color dominated by female artists…I wonder if Pinterest can be quantified.

Well…this is what I know if we marketers are going to try to figure out this social canvas.

1) Users communicate strictly through visual cues. Yes…we find an image to save or share and we pin it to a board that fits the respective category. From birthday wishes, favorite Porsche’s, most intriguing tattoos, cake decorations, and even decorations for that new room…we have visual categories to segment these images. Each image that inspires us might inspire others to think, ponder, share, re-pin, or even comment. What we might interpret and categorize a 356 Bathtub Porsche as “Vintage Cars”…that image might also be re-pinned and categorized as the “Childhood Memories.” We communicate through visual cues…cues that spark emotion and memories.

2) You cannot use the same social strategy used with other social outlets. Pinterest has another human emotion built upon those visual connections of emotions. They say a picture is worth a 1000 words, well each image encompasses those words and releases us from the burden to explain it other than just pinning it.

3) Think visually and imagine how people would share art. If you are really trying to figure out to leverage Pinterest in your social strategy…you have to think beyond the digital connections. You have to think past the how to get people to click and find your contest or campaign. You have to think…what images are going to inspire people to stop and look for just a bit. What will make someone stop scrolling and look at the visual image you posted. What does that image communicate and how will it inspire them to take the next step.

4) Are you marketing or are you inspiring people to think visually. Think of your favorite photos, images, drawings, fonts, colors…what makes you stop and take notice. How can you design visual content so it can be pinned to connect with individuals in a different way. If you are a realtor, why just post pictures of a house…that is why you have MLS and your home website. Why not post pictures of those homes that inspires those buyers to see a residence as his/her residence (well mainly her residence). What visual details about that house will inspire someone to take notice and click. Think…it is more that a shot of the master bedroom or bath, how about shots of fixtures and moldings that represent the construction detail.

Think visually…think about social through the visual lens of an artist sharing his/her favorite artwork. If you are interested in the Psychology of Pinterest, here is an interesting post: http://luckierethinktank.com/2011/12/the-psychology-behind-pinterest/

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Fans or Lemmings…and ethics debate on status updates

Do we want fans or lemmings? Do we want to build a community where people follow and do what we tell them or empower them to have a voice of authenticity? Are we encouraging our fans and fan bases to not only drink the kool-aid but to share it as well…and do it in a manner that is not disclosed?

I have been watching numerous social feeds and noticed status updates and posts from individuals that seem to be canned, pre-scripted social updates created by organizations that they follow. What do I mean?

Have you watched your news feed and someone talks about a brand or organization that they are passionate about. You can tell they wrote it because they use their own, personalized vernacular when sharing. Sometimes they provide a link and with this update they might tell a personal story.

Recently I have noticed many individuals posting updates that seemed detached and use a marketing language that leads me to believe organizations are providing pre-scripted status updates for their fans to share as their own updates.

First of all, here are some reasons I have issue and debate this practice:

1) Transparency – Who is this status update coming from…the person or the organization? And if this update is coming from the organization, does the person that copied and pasted the “suggested” status update deem it authentic. Are they disclosing where this update originated?

2) Authenticity –  How do I know that the person truly shares the same opinions as the organization? Copy and pasting suggested status updates in our personal spaces suggests we are acting on behalf of the organization, thus actin in proxy. So who am I talking to if I respond?

3) Disclosure – If  a person is copying and pasting suggested status updates from a branded organization, they should disclose this relationship. It should be stated that this update is “quoted” and that person is acting on behalf of the organization. You can read Part 255.5 of the FTC’s Disclosure of Material Connections by CLICKING HERE.

4) Legitimacy – Is this person who they say they are….or representing an organization in their online social spaces. How do we know if this is a legitimate update from the person or the organization? How do we know if an organization has been using someones’ personal social outlet to share their branded messages? And if an organization is willing to speak via proxy through someone’s personal space, what else are they willing to do to share their message?

For this very reason I am discussing this topic, the people at Facebook and Twitter have made this easy. The organization should update their accounts, then their fans can “ReTweet”, “Share”, or “Like” these updates. This allows the organization to share then the fan re-share with their friends. To me…this is pretty simple. This also allows the fan base to add a personal message with this “ReTweet” or “Share”.

So how do I feel about organizations creating “Like” and “Share” campaigns…I think that is perfectly fine. Organizations are merely trying to solicit their fan base to “Like”, “Share”, and “ReTweet”. Organizations might even ask their fan base to solicit their friends to do the same, but I think the fan base should disclose their relationship to the organization.

I do not think individuals should grant organizations access to their personal, social outlets like Facebook and Twitter to solicit and update their statuses. Facebook and Twitter have both laid out strict rules and regulations on how to use these outlets:

Facebook Rules and Regulations – https://www.facebook.com/legal/terms

Twitter Terms of Service – https://twitter.com/tos

Look, I know it is tempting to have a big ole meeting, lunch, dinner, event with your fan base and pass out pre-scripted status updates for an upcoming event. In the world of marketing, sometimes we get to far into the trenches and our ethical scales slip and slide from one side to the next. But sometimes we have to remember we are dealing with real people.

There are some great resources to read and consider when creating social campaigns and how the FTC and leading trade organizations deem this practice:

Here are the FTC’s Guides Concerning the Use of Endorsements and Testimonials in Advertising – CLICK HERE to DOWNLOAD PDF.

Here is WOMMA.org’s Ethics Code (Word of Mouth Marketing Association) – CLICK HERE to DOWNLOAD PDF.

If you would like to read what predicated this blog post, you can read a discussion that happened on Facebook where me and my friends debated this every issue: CLICK HERE.

***Image is from Bama Escapes…thanks so much! 

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Next Phase of Social/Digital Strategy?

What is our social/digital strategy in a 2.0 world or even a 3.0 world. Is it one of social/digital practicality or is it just trying to begin to pull all these elements together? It is more than just having a social presence, having a website(s), having blogs, etc…how are we using these tools in our overall strategies as we communicate. What do we want to measure and how do we want to starting tracking “success”? I break this concept into two categories:

1) Community Building
2) Marketing

Community Building
Community Building is a huge portion of this social/digital initiative…and will always be when we are using social/digital tools. This includes all our PR efforts, community activities, blogging, give-aways, sharing, promotions, etc.

So let’s think about what we do when we are building our community:
1) We share to grow our followers (build our tribe).
2) We share to build digital awareness (spread our brand)
3) We share to engage conversation (get people to comment, like, retweet, etc.)

We leverage this community from a Community Building perspective when we have something exciting that is happening, crisis communication, event engagement, etc. But if you look above, each one of those three points is trackable.

So let’s look again:

1) We share to grow our followers (build our tribe).2) We share to build digital awareness (spread our brand)3) We share to engage conversation (get people to comment, like, retweet, etc.)

OK…let’s shift gears to Marketing…

Marketing
In the marketing world, this works hand-in-hand with community building. How can we leverage the community that we have built to create downstream revenue opportunities. Many hospitals talk about number of patients, so we have to decide what the “bean counters” consider the most important. How can we create social/digital initiatives that we can track over a period of time to find increase in downstream revenue opportunities.

Here is an example from my friend and colleague Reed Smith in Austin, TX. St. Davids in Austin has an an initiative called the HeartSaver CT…a simple example to consider. The goal is to promote this initiative using social, digital, and traditional means to get individuals to sign-up and have a HeartSaver CT. Basically, you sign up a form inside the website to come in for a $200 evaluation and chat with the doctor.

Here is a link to the page inside the website:
http://www.hearthospitalofaustin.com/our-services/heartsaver-ct

Here is a link to sign-up form:

http://www.hearthospitalofaustin.com/our-services/heartsaver-ct/contact-form

They used specific Facebook, Twitter, YouTube, and traditional marketing efforts to direct people to this page, to fill out the form, and come in for this HeartSaver CT. This is done so they can track the following:

1) How many clicks to the page
2) How many of those clicks came from social outlets (Facebook, Twitter)
3) How many impressions in social outlets
4) How many filled out the form (Collected trackable information like name, address, etc.)
5) How many came in for the HeartSaver CT (immediate revenue opportunity of $200 per person)
6) Track downstream revenue from those individuals that had broader services from this visit (Track over a longer period of time)

Each of those items are trackable. Each of those gives us an idea how our digital efforts worked and if it create immediate and downstream revenue opportunities. From a social/digital perspective…you have to have built an online, social community. So when you share, there are people there to click and hopefully re-share. You are not only measuring the revenue, but you are measuring the value of the online community. You also measuring the value of their reach…so to speak.

So…you all are just as smart (if not smarter) than me and probably are already creating initiatives in our digital/social space that integrates marketing opportunities like this…so we can ultimately measure some success. In my most humble opinion (as we look at all of our social/digital outlets) I think we should ask ourselves the following from each of our outlets social/digital outlets:

1) What is the mission/purpose of this outlet? (social sites and web sites)
2) Who is our audience in this online community or digital outlet? (social sites and web sites)
3) How/what are we going to communicate to build community?
4) How are being a good steward of the larger community? (sharing to make the online community a better place)
3) How/what are we going to promote (initiatives) that we can track downstream revenue opportunities?

We want to build a strong online community. We also want to contribute to this larger community to make it a better experience. But we also want to share opportunities that create revenue as well…or do we?

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A New…Digital/Social Media Strategy –> We are hungry for the next stage?

As I sit in a meeting discussing next years digital/social media strategy…I feel hints of my old days sitting in those morning editorial meetings as a journalist. Every morning, we talked about the stories of the day, relevance to the audience, timelines, how to tease, and how to cross promote.

Large organizations are no longer structuring new media & social media strategies…they are online content creators and providers. In the age of digital media…it is no longer about delivering content, it is sharing content. Big difference. Delivering and sharing are two completely different models and mind sets.

Today, my friend Sandy Dees of GHS.org shared a New York Times article about the digital/social strategy behind the movie Hunger Games. “Danielle DePalma, senior vice president for digital marketing, drafted a chronology for the entire online effort, using spreadsheets (coded in 12 colors) that detailed what would be introduced on a day-by-day, and even minute-by-minute, basis over months.”

As you read the article…this digital distribution strategy is more than just an editorial calendar, it is a timeline associated to digital scavenger hunts using Twitter; cultivating fans to take part in a virtual world like the movie Hunger Games.

We are moving past exploration…it is no longer about just creating a Facebook page, a Twitter account, a YouTube channel…we are in the age of engaging conversations and learning we must let the audiences guide us. It is no longer about using social and digital outlets to just post content and hope the audiences will come…more about how can we cultivate conversations.

Now, I know I am sharing what we already know…but do we really? We are still creating post card websites, YouTube channels full of content that no one will watch, Twitter feeds with little interaction. Large hospitals all over have numerous pages for no other reason than pleasing another department and hoping they are updating the page in three months. I have them in my newsfeed, numerous hospitals and none of them make me want to click…AT ALL. Or is that the point?

My colleague Reed Smith, who helps manage social and digital efforts for numerous healthcare organizations in Texas, shared some insight from his conversations with many of his counter parts from other hospitals during the social conference at the May Clinic. He explained that many large hospitals are dealing with the same situation…learning how to deal with digital and social efforts in a 2.0/3.0 world. Lots of departments, services lines, physician practices want to take part in the social space yet have a hard time living up the true burden, how to truly engage their audiences. Lots of spaces, lots of websites, lots of social accounts…leading to a house of brands.

Vanderbilt University Medical Center shares their social/digital tool kit online…funneling people inside the hospital to this site who are interested in having a social presence. If you want to join in the conversation…you must fill out the form. Cool tool kit…but it is more than a checklist…it is a culture.

Dr. Wendy Sue Swanson is a pioneer in this space, leading us down a path of understanding how to integrate the social space into the daily routine of a physician.

As stated in an opinion article from the LATimes:

“The problem, Swanson said at the South by Southwest conference Sunday, is that insurers won’t pay for the videos she creates to educate patients or the blog posts she writes about important new developments in pediatric care. No matter that these steps would lead to healthier patients who place fewer demands on the healthcare system.

She does them anyway, but the idea of communicating online with patients is anathema to her fellow doctors. “There’s an overwhelming climate of fear” among physicians, she said, about the liability they may incur or the privacy violations they might commit if they respond to emails or write blog posts about medicine.”

We are our own news organizations. We are taking control of our content…but are we building communities? We can find metrics for success by building fan bases, creating social strategies to sell services? But are we really measuring success or just graphing some numbers to make ourselves feel better? Better that we are empowering our organizations as we take control of our content?

I asked my wife today, why would you want to follow a healthcare organizations fan page? What would you want to get from that experience? She wants information that she can use, invitations to events to educate her about our child’s care. Relevant services that make sense to her daily life. No where did she say she wanted to see awards of recognition as a top hospital, best “this” and best “that”…she wants information that make sense to her.

I think I have to agree with Dr. V’s thinking:

“I can’t help but wonder if we’re in the midst of a social health correction – a readjustment of expectations and beliefs about the near-term potential of social media to revolutionize health.”

And I love this as he continues…

“We created filter bubbles that allowed us to hear the messages of those telling us precisely what we wanted to hear.  We saw the rise, plateau, and ultimate dissolution of social media consultants who would save us by telling us how to correctly use Twitter.”

It is time to move on and actually start engaging our tribe before we loose what we supposedly built over the last few years. It is time to consolidate, focus, and have a conversation with those who are our brand ambassadors. These social/digital outlets cannot save us..especially when all we do is use those channels/outlets as a one directional conversation and push our stuff. If we want to be a newsroom, content providers…it better be relevant or it will diminish faster than many traditional news outlets.

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Japan Tsunami Remembered … the Social Documentary Continues

This past Sunday, March 11th marked the one year anniversary of the Tsunami in Japan. One year ago, we all watched it unfold online, on television, via radio…where ever we could get information. It was a disaster of international reach.

A colleague of mine from my television day told me a story as I was asking for help trying to find some unique video tapes. He told me this video tape was rare because of the Tsunami. The video tape was made in Japan by Sony and stored in a warehouse that was under water after the Tsunami . But the story only begins here…the engineers and staff from Sony had climbed to safety on the top floor only to notice another building off in the distance had school children on the roof, waiting to be rescued.

So those Sony engineers and staff built a boat. There was a huge boat on display downstairs of the Sony building…so they worked to transform that boat into a usable form of rescue. They eventually put it in the water and made their way over to the school to try to rescue the children. This story was passed around by executives during last year’s NAB conference.

Each day we are telling stories. Each day we hear new ones. Each day we read articles like this from Mashable using a timeline to document the events from a past event, specifically the Japan Tsunami.  We are human and we like to share, recount, and re-live a time from “our” past. So how about the technology, the social technology that now surrounds us to document these events.

We still remember January 28, 1986…the day the Space Shuttle Challenger exploded in front of our eyes. I remember watching from my 6th grade classroom as we watched the first school teacher go to space. It was just a few days ago, March 9th to be exact, that Huffington Post reported the finding of a new Super 8 film of an amateur recording of the explosion.

The article talks about how many people stored away old film from their past, and as they begin to go through their belongings…they find artifacts of national importance right in their drawers, closets, and attics.

These artifacts are so very precious, so rare, so valuable that even the Huffington Post finds the need to purchase the rights to this newly uncovered Super 8 film.  Compare this event to the Tsunami where we have thousands of user generated accounts of this day. Tweets, pictures, video, blog posts, Wiki entries…all of which unfold along with the main stream media’s reporting.

We no longer are having to rely on the individual to “just so happen” to find that Super 8 film, we now just do a Google search and the social documentary of our present day events unfolds right infront of us. We are writing the social documentary…and it is more that just recounting the day. It is sharing our thoughts, feelings, and expressions upon every update and upload.

How many of you saved stuff/articles from 9/11? I know I did…I purchased the NewYork Times and USA Today from Sept. 12, 2001. I saved every digital image I could find during those days so I could share them with my children one day. Sarah recorded the whole day of reporting from NBC News on VHS tape. All of this is locked away in safety deposit boxes.

Outlets like Facebook and Twitter bring the social documentary to the forefront. They interweave social memories using media in a time line fashion. No wonder Facebook has moved to the timeline interface, because we want to remember. Hashtags allows us to aggregate topics based on two variables: the particular hashtag and time.

We are creating the social documentary and it is unfolding right in front of us.

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Is your social story your truth or someone else’s?

The social documentary is one of the most fascinating layers of this new era of social discourse that is believe is truly shaping our culture. We are surrounded by it, we are engulfed in the conversation, we are in dire need to interact…yet we sometimes despise the outcomes.

Everywhere we look…we are documenting our very thoughts. For every tweet we post, every status we share, every check-in, pin, video created…a time stamp and internet location bears down on this global platform of social commerce.

Why…why do we take part? Why do we so gingerly engage in this social drama to feed the ever changing need to share just one more time. We do it so colorfully that we take great pride interweaving our social drama…sharing when we are at the lowest and at the highest of peaks.

We find ourselves submitted to the brand autopsy leading charge as we are influenced to follow. Each time we document, each time we share, each piece of data…bits…bytes are uploading into the cloud for the social brothers to create more reports to feed the social machine.

This social documentary is interwoven in our everyday lives. I ask my students, what are the first things you do when you get out of bed and I wonder if it differs from most connected business leaders…”we” check our Facebook page then our email. Oh, then we get out of bed. We then share our morning thought and a morning picture of our loved ones. We then check-in for a coffee and a status update like we are turning on the keys of our automobile. Social sharing is as easily created as breathing the every breathe of our day.

This technological documentation is one hell of an aggregator. We can be found and held accountable for each tweet, update, picture, check-in, video shared. We find ourselves scared to talk more freely and engage in collaborative innovation through connectivity. Steven Johnson was hoping that this social share would allow a since of transparency that would cultivate thought and break through barriers. But now we are scared to say what we want because now the social share is our own social morality.

In update we trust…it has become our truth. We are creating the truths of today each time we document our thoughts, moves, opinions, reviews…etc. Whether if someone has passed away..or not…we choose to follow and tweet just so we can be “the first” regardless of fact…but it is our truth. Just ask Erin Andrews…from the romanticized scandal of the lewd photos to speculative tweets she is leaving ESPN…whose truth? Oh, and how about Komen and Planned Parenthood. Komen is probably hating the social documentary…just go read the recaps on Huffington Post.

We are creating these truths each day and we are shaping beliefs as fast as we can post the link. Why do you think politicos love the social space…ones beliefs can saturate a timeline enough and eventually create a truth which shapes a vote.

I just sit back and think about this large role of the social documentary…we have been creating the layers, the stories of our documented lives and it is unfolding as fast as we can get to a device and share it…or someone share about us. Don’t lie…how many times have you un-tagged a photo because you hated the double chin or even the person you were standing with…are you reversing truth?

The social documentary is all around us and we are taking part in it regardless if you like it or not. It has become our truths and we are shaping it for the brands and the social brothers to aggregate. We are creating their social commerce…we are just the documentary storytellers, sharing our lives with the world.

Is your social story your truth or someone else’s?

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Social Sustainability – Social 3.0

It is time to move on and start thinking about the most important part of this social argument…how the hell we are going to sustain this movement and our communities.

It is time to get past the “Like” programs, the various blog posts for SEO, the YouTube strategies that might get over 100o views…we are emerging into Social 3.0 and it is all about sustainability and connected growth.

So what do we know…

We are in an age of Social 3.0 where we have been trying so many outlets as test beds (Social 1.0 & 2.0) and we are starting to see where we are gaining the most traction. Bottom-line…

1) Website is a primary destination point for fundamental information
2) Facebook is the primary community driver
3) Twitter is the amplification channel & secondary community driver
4) Blogs are our voice (our context) & secondary community driver
5) Pinterest is a Social 3.0 opportunity to engage that new age social/community influencer (women 25 -44)
6) YouTube is a organizations face/voice 3D along with being SEO driver

We know that the Facebook IPO is close and we are getting closer to a sustainable social model unlike the uncertainty of previous social models.

Basically …Facebook will be here for a while and many are predicting that it will be the place where we will push all our web traffic making it the most used dynamic portal to engage audiences. This is and will be a huge shift for organizations with static websites with small dynamic portals of information. What do we do with that site? Or should it be just a post card of information?

Pinterest is gaining traction (Mashable.com article on Dec 22, 2011) –> “The site is especially popular with women between the ages of 25 and 44, which comprise 59% of its readership, and the majority of those visiting Pinterest are female, consisting of 58% of its visitors in the past 12 weeks.”

So given this context…this begs the question of web/digital strategy: Should we force all web traffic through Facebook, making it the destination point for people then expose them to the website inside Facebook. Basically funnel all traffic through it. The analytics are there to support and we do not have to worry about down time.

Well this leads to how Facebook is changing it’s Timeline not only implemented for individuals, but coming to businesses/organizations pages on March 30th. What the hell do you do with that header and what about those tabs you paid for?

The new Facebook header becomes the dynamic portal for discovery.

Each time you change the header, you are uploading a new image. This image is put on the timeline as a public post, along with being placed on the header. So, we could use this as an opportunity for discovery. So think through all the events, initiatives, etc. that we are constantly promoting. We post a link to Facebook for people to click to learn more. With this idea, imagine adding some visual discovery to this scenario…people like to click images, photos, etc that come across the timeline.

With this scenario, uploading an image to that header position carries a promotional aspect. It becomes a main billboard.  So each time you upload this image for the header, it comes across the timeline for people to see and click. This could bring a new dynamic element of discovery to our Facebook page.

So is Social 3.0 about cross promoted social spaces that allows us to discover new places to engage. Audi thinks so…they put a lot of cash into their Super Bowl ads. Last year, Audi tried using a hashtag in their Super Bowl ad to promote a give away (#IsProgress Campaign)  It must have worked but was not sustainable long term.

So this year…they wanted to create a community of conversation around LED lights and vampires. They used the #SoLongVampires hastag in the Super Bowl ad that received over 2 million views and tens of millions of Twitter impressions a week after the ad appeared during the game.

We are learning…we are pulling back. We are starting to realize what is working and what just does not make sense for our communities. We are learning it is hard to create communities when there is nothing to connect people online.

We should no longer spray our marketing mess across all platforms…and hope someone will bite.  It was just a few years ago that males 18-34 were the main targeted demographic, but to me that has shifted with the social space making the female 18-34 a huge influencer, especially in healthcare. But Nielsen’s new Digital Consumer Report shows something interesting…Introducing Generation C:

“The latest Census reports that Americans 18-34 make up 23 percent of the U.S. population, yet they represent an outsized portion of consumers watching online video (27%), visiting social networking/blog sites (27%), owning tablets (33%) and using a smartphone (39%). Their ownership and use of connected devices makes them incredibly unique consumers, representing both a challenge and opportunity for marketers and content providers alike. Generation C is engaging in new ways and there are more touch points for marketers to reach them.”

So how are we growing? How are we sustaining? Are we engaging new audiences? Where are we cutting the fat? Or are we in this just for the SEO and to collect some data points?