This post represents installment number four (4) of a blog series on real-time capabilities and its impact in online media. In case you're interested, the other related posts are:
Microsoft recently acquired Skype for $8.5 billion. This announcement generated significant news coverage. A Google News Search for "microsoft skype acquisition" yields 2,800+ results.
"The acquisition will increase the accessibility of real-time video and voice communications, bringing benefits to both consumers and enterprise users and generating significant new business and revenue opportunities."
"The combination will extend Skype's world-class brand and the the reach of its networked platform, while enhancing Microsoft's existing portfolio of real-time communications products and services."
"Microsoft has a long-standing focus and investment in real-time communications across its various platforms, including Lync (which saw 30 percent revenue growth in Q3), Outlook, Messenger, Hotmail and Xbox LIVE."
"Together we will create the future of real-time communications so people can easily stay connected to family, friends, clients and colleagues anywhere in the world."
Therefore, I'm looking forward to seeing how the Microsoft-Skype deal influences future Microsoft desktop and mobile offerings. The implications for the overall telecommunications and media landscape will be fun to watch.
In addition, this post represents installment number three (3) of a blog series on real-time capabilities and its impact in online media. In case you're interested, the other related posts are:
The data analysis describes our digital news consumption habits particularly by time-of-day. Here are some key insights (particularly pertaining to mobile and tablets).
Mobile Internet and Tablet Consumption Dominated When News Coverage Spiked on Sunday, May 1st
Shifting Viewing Habits? The breakdown by digital device during the Sunday evening, May 1st news cycle peak (e.g., 10 PM ET) is as follows:
Mobile Internet and Tablet Traffic Continues Peaking During Our Morning Commutes
But Computer Consumption Won During Our May 2nd Workday. First, I hope none of these people were driving. Second, notice how the mobile internet activity peaks again from 7:00 AM – 9:00 AM. Third, look how computer news consumption accelerates around the same time (i.e., steepest slope of curve). Fourth, computer consumption primarily takes place from 10 AM to 4 PM.
Conclusion
If the Content is Important, We'll Find a Way to Access It. Mr. Lipsman's analysis provides consumer insights applicable to not only news consumption but also content consumption relevant to marketing and public relations activities:
* We're multiple device consumers. We may not necessarily be seeking a one-device-does-it-all-solution (at least not yet).
* Content loading speed / page loading speed will make or break you with mobile internet devices. Optimizing the content for fast loading and optimization on any type of screen is a competitive differentiator (e.g., hand-held, tablet, etc.). The lack of page loading speed in my plodding, iPhone 3G is already causing me cravings for the rumored iPhone 5.
* Business professionals are more accessible early morning or late evening. Reaching targeted consumers (i.e., business professionals) is optimal during the early AM or late evening (e.g., no work distractions). Unless, you can deliver something earth-shattering to divert their attention.
I checked my laptop's Twitter stream around 10 PM Sunday evening for real-time news feeds. And, that's when Twitter informed me of Osama bin Laden's death in real-time.
Our Consumption and Participating in Real-Time News Drives a Traditional Industry's Transformation. I've reflected on the media activities of the past 48 hours. The picture above symbolizes more than the aftermath of September 11, 2011.
It galvanizes how we are both consumers and participants in the transformation and reinvention of a traditional industry (especially how we interact with news content):
#1: Social Networks are Our Real-Time News Channels
More People Found Out About bin Laden's Death Via Twitter and Facebook.Mashable conducted a poll with 20,000+ respondents. Twitter and Facebook easily outdistanced television. Even broadcast television lacks the real-time impact of online media platforms.
Facebook's News Function Goal– Become "The People's Newspaper." I mentioned earlier how I consult Twitter for real-time news updates. It's no coincidence that Facebook also recognizes real-time news as a competitive differentiator.
Journalists on Facebook Page.The Journalists on Facebook Page is part of the company's strategy to build relationships with journalists. Notice how several status updates pertain to the bin Laden story:
#2: Mobile Devices are the Accepted Real-Time Publishing Platform (Especially the Smartphone)
Urbahn Broadcasted the Tweet From His Smartphone. I'm not surprised Urbahn broadcasted the news on Twitter. But, notice the news broadcasting platform — his smartphone. Maybe, I'm old-fashioned in thinking the publication of a major news event requires a computer keyboard and wireless Internet connection.
Looks Like Page 29 of David Meerman Scott's Real-Time & Marketing PR Book. Here's the graph from the TechCruch article. Notice how the spike in Google search queries correlates with the real-time announcement on Twitter and eventually trails off:
#4 The Real-Time Marketing & PR Law of Normal Distribution
Notice how this graph shares several real-time attributes David Meerman Scott describes in his book (my notes are in red text):
Breaking News
Triggers
Excitement
Peak
Old News
Done
#5: The Blurring of Trusted, Traditional News Sources
Non-Traditional "Hard News" Sources Provide Diverse Points-of-View. Each of these organizations or individuals is a trusted news source pertaining to technology and online media. Their points-of-view blended their niches with this traditional "hard news" story:
An Important Historical Artifact. The TechCrunch article further states this image is probably the fastest viewed photo on Flickr. The image achieved its viewer volume in less than 38 hours.
Conclusion
How Did You Learn About the Osama Bin Laden Announcement? Were you on Twitter, Facebook, or another social network? Did you head right to Google News or did you go straight to a traditional news source (i.e., New York Times, BBC, Wall Street Journal, CNN, Bloomberg, etc.)?
I would love to understand your views on how the news unfolded.
A Historic Moment. This event marks an important time in United States history. Its unfolding in real-time portrays how we choose to publish, search for, and share historical events.
And, our use of social technology during this event reinforces the forever-changing, transformation of all media.
Part 7 of The Business Value Behind Social Media focuses on future opportunities in social media marketing and public relations (e.g., what's the next big thing). Chris Brogan, Charlene Li, David Meerman Scott, and Martin Giles (moderator) discuss future trends such as:
* Opporutunity #1: Responding to Customers and Influencing Business in Real-Time
* Opportunity #2: Giving and Gaining Our Permissions to Use Social Data
* Opportunity #3: Exploring Email Marketing and Online Communities
* Conclusion: The Implications of Gaining Permissions to Our Social Data is Why Google Fears Facebook
The panel's discussion takes place from 58:24 to 1:01:45 of the embedded video:
Opportunity #1: Responding to Customers and Influencing Business in Real-Time
The Real-Time Transformation of Traditional Marketing and PR (58:24 – 59:07). Real-time applications in marketing and PR fascinate David. He notes how social media is transforming the traditional, long-term planning / campaign process by contracting time. Long term campaigns are not going away. However, the future opportunity will be in engaging customers instantly.
Opportunity #2: Giving and Gaining Our Permissions to Use Social Data
Privacy Is Not the Main Issue Because Our Social Norms on Privacy Continue Changing (59:09 – 1:00:09). Our social media activities generate significant amounts of data. What advertisers and marketers can potentially do with this data is what fascinates Charlene. Gaining consumer permissions for what our data will be used for is the hidden opportunitity.
Charlene's Caller ID Analogy and Its Application to Our Social Data. When phone companies first introduced Caller ID, consumers complained the service invaded personal privacy. Now, consumers will only answer the phone if they know who's making the call. Charlene emphasizes our norms for what is private and how our data will be used changes daily. A prime example: Facebook frequently changing its privacy policies.
What Will Be The Accepted Norms for Granting Permissions. The opportunity is working out the accepted norms for granting permissions to our privacy data in social media (analogous to what credit card companies do with our purchasing data). If marketers and advertisers gain our permissions to use our social data, consumers will demand a transparent understanding of how this data will be used.
Opportunity #3: Exploring Email Marketing and Online Communities
Two Technologies Which Can Offer Much More (1:00:11 – 1:00:21). Chris is working on applications of email marketing with online communities. These are two, early 1990's online technologies that haven't gained a lot of traction. Therefore, he thinks these technologies have a significant upside.
Conclusion — Gaining Consumer Permissions to Social Data is Why Google Fears Facebook
Mark Zuckerberg's Power to Grant Advertisers The Permissions to Facebook's Social Data Scares Google. In my opinion, this is why advertisers are clamoring to gain permissions for Facebook's social data. I also contend this underlying phenomenon is what's driving Facebook's current $50+ billion valuation.
Why Advertisers Covet Facebook's Social Data. The data or "friend updates" we disclose in Facebook is information we opt-in to share with Select Consumers: Our Friends and Family. Our relationships and influence with these select consumers may be the more efficient and effective way for advertisers to influence consumer behaviors.
Therefore, Facebook's social data is extremely attractive to advertisers. And, this social data may be more valuable to advertisers than the search behavior data that's the foundation of the Google AdWords Pay-Per-Click (PPC) Model.
Google AdWords drives roughly 90%+ of Google's revenues. As a result, Facebook legitimately threatens Google's core business.
Here are resources I've researched and studied to support and understand why Google fears Facebook:
Facebook is Gaining Traction as the Doorway to Consumer Intent (not a Google Search). Facebook Connect allows consumers to login to almost any social networking related application. For the past decade, a consumer's stated online intent almost exclusively began with a search engine (e.g., a Google Search).
In my opinion, Facebook's strategic approach is the same but noticeably different: "To organize our personalinformation and make it selectively accessible and useful." At least for now …
The past 48 hours describing the power shake-up at Google provides the read-between-the-lines-evidence why gaining consumer permissions to social data impacts Google:
The future of consumer permissions will be a driving force in online marketing's near and distant future. Larry Page's (Google's new CEO) ability to contend with this driving force and the accompanying Facebook competitive challenge is the type of adversity Ken Auletta said that Google's founders had yet to confront.
David Responded to My Respective Comments in Real-Time
Speed wins in the Internet Age. David responded to my first comment in less than 30 minutes! His response to my second comment arrived in less than 2 hours. To say I'm impressed by his actions is an understatement.
Actions Speak Louder Than Words
David's responsiveness is impressive because his book talks about achieving competitive advantages by connecting with customers in real-time. Even though he was in a different part of the world for a speaking gig, he took the time to genuinely acknowledge my blog comments. His actions and real-time speed demonstrate his consistency and credibility in thoughtfully engaging and conversing with his audience.
Conclusion
Credible audience engagement occurs when you consistently practice what you preach. In the blogsphere, achieving credibility for one's individual online and professional reputations is critical. When I read David's responses, I can see these aren't cursory acknowledgments. And that means a lot to me, because I took the time to read and understand his published insights from both the posts and the eBook. This is why I often link to his blog posts and cite his content. It's also evidence of how he consistently works to engage and maintain the trust of an audience he's worked hard to cultivate.
Bonus: Links to David's Real-Time Posts and a Recent Video
When you have a chance check out David's posts because they describe the competitive advantages real-time marketing and PR can have in:
* Capitalizing on Real-World Events as These Events Unfold in Real-Time * Developing New Products and Services * Testing Marketing Messaging and Positioning With Target Audiences (before final product launch) * Understanding the Current and Future Implications for Customer Relationship Management (CRM)
Here are the links and a video he's published describing a great case study in competitive advantage when leveraging real-time marketing and PR:
I recently wrote a blog post titled: 3 Social Media Tips for Oogy — The Dog Only a Family Could Love. I wrote this post because I wanted other people to discover this moving and inspiring book about a very special dog and the people who rescued him. The post was my small contribution to promote the book and hopefully increase its public awareness via social media. I have no personal or business relationship with the book's author and its publishers. I just love this book and its beautiful story.
After publishing this post on November 1st (late evening), I sent out this message via Twitter on November 3rd (mid-day):
I couldn't predict what happened next. In my opinion, I think the following events and findings are an example of the real-time power of trust and influence in online communities.
Thursday, November 4th (approximately 10:30 AM Central Time) My wife calls me at work and says my blog post is posted on Oogy's Facebook Page! Unbelievable! I was busy at work so I couldn't go to Facebook until later in the afternoon.
Thursday, November 4th (a little after 4 PM Central Time) I checked Oogy's Facebook Page and look what I find — I was thrilled and honored! People even commented on the link posted by Mr. Levin (the author of the book and Oogy's owner). I left my own Facebook comment thanking Mr. Levin and Oogy for their kindness and generosity in linking to my blog, and I commented on how Oogy's book genuinely inspired and moved me.
That evening and over the next few days, I asked myself the following questions:
* What could be the potential impact on my blog post traffic due to Oogy's inbound link and personal referral to his growing legion of Facebook Fans (9,550+ and growing)?
* What type of real-time influence do Oogy and Mr. Levin have with their Facebook Fans online behaviors (i.e., positive / negative)?
* Is there a way to quickly measure the impact of this real-time influence?
Here's my analysis in addressing these questions using some of the basic features of Google Analytics.
Finding #1: Oogy's Facebook Fans Trusted His Referral to My Post
Why? Mr. Levin inserted the link to my blog post on his own. In my tweet, I made no solicitation or request for an inbound link. The purpose of my tweet was to bring the attention of Mr. Levin's book and my blog post to my Twitter Followers (and it's a modest 400+ following). Mr. Levin and Oogy's inbound link was confirmation that I wasn't some spammy website.
And maybe, they thought I had some worthwhile content to share …
As a bonus, here are some of my favorite articles covering trust and online word-of-mouth (WOM):
Finding #2: If Readers Trust the Source, Positive Word Travels at Real-Time Speed
Here's some back-of-the envelope analysis with Google Analytics on how quickly Oogy's Facebook Fans clicked on Mr. Levin's inbound link to access my blog post. These fans were clearly positively influenced by Mr. Levin and Oogy's referral because they didn't take long in accessing my blog:
* Date/Time Inbound Link was Posted on Oogy's Facebook Page – November 4th, 8:31 AM Eastern Time (assumption because Mr. Levin lives in the Philadelphia, PA area)
* Date/Time of 1st Facebook Visitor's Click to My Blog Post – November 4th, 9:00 AM Eastern Time (my Google Analytics Time Settings are in Central Time so I did the conversion here)
* Real-Time Elapsed Between Inbound Link Post and 1st Visitor Visits – Less than 30 minutes. This 1st visit could have come even faster but I can only measure visitor traffic in Google Analytics on an hourly basis. I examined data from another web analytics tool, and that tool tells me the post was accessed six (6) times within the first 5 minutes of the Facebook inbound link's placement.
The swift reaction by Oogy's Facebook Fans to access my blog post emphasizes the real-time speed of the World Wide Web. David Meerman Scott has published a recent series of blog posts and a new eBook on the World Wide Web's power in real-time marketing and communications for individuals and organizations. You can access the links here:
Finding #3: Oogy's Fans Actually Read The Blog Post — How Cool!
This made me feel really good. It looks like these new visitors took time to read the article, and I believe the referral from Mr. Levin and Oogy had a lot to do with that.
Conclusion
Oogy's Facebook Fans came to my blog and read my post because they trusted the referral from Oogy and Mr. Levin. These fans didn't come to my blog because they knew me, or because I'm a widely known blogger. I'm just starting out in blogging, and I'm trying to build a loyal following and positive reputation one blog post at a time.
It's telling how Oogy's Fans literally arrived at my site in 30 minutes or less after Mr. Levin posted his inbound link to my blog. The real-time power and influence of trust is truly a driving and powerful force in online communities.
