Archive for January, 2009

Explaning How Social Media is Transforming Brands

Having blogged for a while, I know it’s important to post regularly. My posts have dropped off as time is split between my MBA coursework and my time at the Touchbase blog. This is an intense period of reading, learning and debate. Sure, sleep is limited, but it is great fun.

Back to business! I had a great realization this week – how I can explain the power of social media to non-Web executives. The following was written during my morning commute.

Brands – before social media and “web 2.0″ were like pine cones. Easy to identify, cohesive and (most importantly) subject to control.

Think of social media like a fire: the pine cones loose their integrity and drop seeds. Each of those seeds carry some of the brands “DNA” to the social Web. This may on a company site, one driven by customers or a hybrid of the two.

The key thing to recognize here is this loss of control isn’t a bad thing. This process of defining ACC’s strategy, including defining the rules of engagement, helps to ensure the those “brand” seeds represent our interests and align to our strategic goals.

Twitter Lists: Thoughts

I started the Brand Index many months ago as preparation for my value analysis. (Note: This project is on-going, but it seems that valuation of intangibles is a pretty difficult matter to work through. I hope to have an update in the next few months).

Since the inception of the Index, there have been a number of other lists covering government, newsppers and media and even Cape Cod!

I am grappling with a number of questions:

  1. Do these lists provide any value? I could see twitter improving profile information to make these lists moot.
  2. There are many lists but few attempts to validate identity. Does anyone see this important in why they choose to follow?
  3. Will 2009 be the Year of the Business Model for Twitter?

Any thoughts? Please, post up!


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