Networks vs Mass Communications: Using Disruption to Compete

oreilleBased on numerous executive conversations I’ve had over the past few months, I’m struck by the staying power of 20th century “communications” rules, which still govern many brands today. Therefore, I’ll reveal hidden assumptions that lurk in too many boardrooms in the desire that you root them out before your rivals, so you can outmaneuver them before they disrupt you.

20th century success formulas offer very thin ice on which to skate, and many brands will have a cold awakening. Periods of disruption make assumptions lethal because disruptions change past rules or invalidate them completely, which leads executives and brand stewards astray. In this brief treatement of a complex subject, I’ll show why executives unwittingly sabotage social business’s network-based communications by using mass communications principles.

[…]

Ideas for Reinventing the Publishing Industry

Sam Fiorella, writing in The Social CMO, put together some fresh thinking on how to disrupt publishing, drawing some parallels with the music business in Open Letter to Media Publishers. Since their comments are turned off, I’ll offer some additional thoughts here.

Sam, thanks for one of the most intelligent posts I’ve read on the disruption of print I’ve seen in ages. Reading between the lines, I’ll offer this iteration.

[…]

B2B Customers Getting More Social Fast: How Marketing and Sales Can Evolve

B2B Customers Getting Social Fast: How Marketing and Sales Can Evolve explains how clients/customers are smarter and want a new kind of relationship | The new economics of business reputation

B2B Customers Getting Social Fast: How Marketing and Sales Can Evolve: evolutionWhile preparing to launch Social Business Services for B2B Sales in January 2012, I have been engaged in its Ecosystem Audit. I have plumbed online conversations about B2B Sales and Marketing adoption of social business (erstwhile social media). I have been struck by a recurring realization: a large part of Marketing and Sales as we know them is significantly out of alignment with B2B customers. Social business is permeating customer networks throughout the economy and changing customer behavior and expectations. This has created a rare opportunity for B2B marketing and sales people who understand and respond ahead of the market. If I’m right, this could be one of the most important posts you read this year.

Two quick examples of misalignment: one of Marketing’s underlying assumptions is that it is not economically feasible to have large-scale one-on-one customer conversations, so marketing must […]

E-Commerce Marketers: Have You Noted Facebook's HUGE Banner Opportunity?

How Social Actions Have Pulled the Rug from under Banner Ads

Facebook’s development schedule epitomizes the “white water, fast iteration” approach to serving company and customer. Although its mishaps are legendary, it succeeds in consistently fielding a mind-numbing array of features, so it is difficult to keep up and very easy to miss the significance of things. To whit, very few people people have noticed that Facebook has quietly revolutionized banner ads through a feature that is maligned by users but gold for marketers. This feature has created two opportunities for e-commerce marketers: a new means of inexpensive market research and an easy way to improve relationships with their viewers. Read on to do this to your competitors before they do it to you.

[…]

2011 Social Business Predictions & Recommendations [Summary]

2011 Social Business Predictions & Recommendations2011 Social Business Predictions and Recommendations describes current social business adoption and advices firms and people how to get ahead.

2011 will be remembered as the year “social media” fell by the wayside, strategy became a recognized prerequisite for serious efforts, and “social business” began displacing it in boardrooms’ mindshare. “Social media,” which usually tries to use social technologies to talk at people, has been the predominant “first use” of socialtech because marketing drives most social initiatives, and marketers “communicate,” i.e. push content, to their targets. When they “listen,” they use limited legacy processes such as focus groups, email marketing, data mining and online surveys. However, none of these scratch the real itch because they emphasize the company asking individuals structured questions; they don’t allow customer to customer interaction, which is ten times more illuminating because it is spontaneous and customer-centric.

Socialtech gets there, but marketers are ambivalent about it because it means a loss of control. And more profits and career growth for marketers, but they have to let go first. It’s a leap of faith, but […]

Social Business Summit Keynote Continues Disruption Theme—Don Peppers, Peppers & Rogers Group

Social Business Engagement Summit Keynote Disruption Theme—Don Peppers, Peppers & Rogers GroupSocial Business Engagement Summit Keynote Disruption Theme—Don Peppers keynoted the second day of Alterian’s 2010 User Conference, Engaging Times Summit with a talk entitled, “Death by word of Mouth.” Encouraging ,^)

Technology and interactivity are now. 96% of Gen Y are members of social networks. They are self-oriented and have no trust in adverts. He cited the film Bruno, which people panned in social networks and Twitter on its opening day; the box office fell 40% the next day (and never recovered). Before Web 2.0, the studio could have built momentum through adverts. No more. You can’t ungoogle yourself. […]

Are Geosocial Apps Foursquare, Gowalla, Loopt & Brightkite Ready for Prime Time?

If your business involves physical locations, geosocial applications represent a tantalizing possibility: people can talk about their presence and experience at one of your locations and, potentially, friends of their friends that have the same interest (or thirst). It adds long tail digital grease to conditions on the ground at a retail location. […]

Case Study: IBM's Experience with B2B Social Business

The example was IBM’s corporate social responsibility and green initiative. They realized it would be incongruent or unsavory to have a (physical) conference for green initiatives in which people would burn tons of CO2 getting there, so they held it in Second Life. The sales conversion ratio was equal to physical conferences. […]

Increasing Customer Transparency: Real Threat or a Paper Tiger for Marketers?

Should you worry that interacting with your customers on Twitter, Facebook, LinkedIn and blogs will let your competitors poach your customers? How increased transparency affects business and how you can use the trend to drive your competitiveness […]

Reading between the Lines: Apple's New Business Strategy

Reading between the Lines: Apple’s New Business Strategy reveals why Apple could emerge as a three-screen player par excellence.

Reading between the Lines: Apple's New Business StrategyApple’s name change in early 2007 was heralded as the company’s redefinition as a consumer products company. The conventional wisdom held that the lion’s share of the run-up of Apple’s stock price had been due to the excitement of the iPod and the successful rekindling interest in the company’s Macintosh computers. Moreover, Apple’s stock had limited headroom because consumer electronics heavies were getting into the market for music players, and this would leech profits. The iPhone looked great, but it was overpriced in a hyper-competitive market; it wouldn’t penetrate much beyond a few gadget freaks.

This prevailing view works great for Apple because it keeps people focused on the wrong things—literally. Apple’s business strategy is far more profound. It goes far beyond the SIC, hardware or even software. It is an experience strategy based on content and communications.

[…]