Social Advertising: Facebook and Social Gaming breaks

Image representing Facebook as depicted in Cru...

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As this is a well timed wholistic review of social advertising, an update too many is already forcing me to change my headlines quickly to catch the right brands and the right market..Facebook’s own ad platform is delivering a 74% higher price in the second quarter over last year taking facebook revenues to nearly 3 times its Year 1 performance including the boost in volumes.

The platform already has four major markets defined in ad metrics measurement across US, UK, Germany and more. Twitter has continued receiving a dichotomy of value disinterest and PE investment overload as Biz and Ev finally put their mind to money after The Obvious corp’s good 5 years. But in the Social advertising category, Facebook is only one category, the other being social gaming , which though hosted on Facebook is likely to get its own brand ecosystem and its own advertising capture.

Social Gaming friendly brands go a lot for In game videos for their brands/ entertainment/movies and NEW PE funding for SupersonicAds ( a Facebook partner) underlines the same. Meanwhile zynga’s small wannnabe Crowdstar has picked up friendships with another video advertiser Jun group Note Page’s Google still does not figure in likely competition on the Social platform

It’s OK New York. India loves Linked in

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The latest Nielsen reports will probably confirm this and local Linked In honcho Hari Krishnan and Facebook ( International Growth ) Chief Javier ( Havier, as in horatio) try to spin it to the inevitable India’s domination of mobile and social markets. Before we do get to the unending hyperbole on the subject, most of what India partakes is free and in fact adds a new dimension to their social and professional life, which they are embracing wholistically as a group..

I would think that would be a fair series to partake going forward and keep my power blog active as free hold dominance attempts on the internet would spawn the required me too for google juice migrants to a facebook home page led,  internet based, device led lifestyle experience as they groom leaders into hot tubs of lard for a social orgy at these sites at Facebook and its allied digital world. It no doubt makes no sense whatsoever and as any “first out of the gate” inspired post writer and respectable leader will tell you, it is still more reason to do it and clear the air.

Linked In has become the bete noir of the professional Indian in that India now makes up 10% of its user base. Even at facebook. Indians make up 5% as local start ups easily merge into the partner landscape instead of inventing facebook all over again in Chinese. However as reports of Facebook losing ground in the United States surface, the reasons may be the same on both sides of the earth..As long suffering print and Tv media owners, journalists and brands have found out, users, readers or subscribers mostly stick around for a free ride till its exhiliriating climb and then leave you to attend to their menial chores like your mum, when it’s just not there.

However, always at work is the pressure of your peers having achieved social nirvana, so you register on Linked In.

Illustration of Facebook mobile interface

Image via Wikipedi

Similarily, Linkedin is that social avatar provisioning for the Indian pro who does not want to get into a workplace where digital access is restricted and hence, looks at Linked in as a great opportunity to figure out what is meant by “social” without admitting any of his own limitations and portraying his “resume” as the flag of choice. The rest of it, in a more funny vein, when you are playing on Facebook after work..

This also means that this user is not paying for the ride, nor he is interested in soliciting or patronising the commercially sponsored elements. The small socially responsible group who feel queasy stare at mystery shopping nad group clubbing on the site with a mini social network triage becoming part and parcel of all recruited post 2003-4.

Thus someone in an HR job or at aconsultancy gets and keeps lots of these young pros in touch with each other and most just wait for the opportunity to kill a few of their contacts to make curry when they are moving jobs. Honestly, that is the Indian pro network and even at a worse rudimentary stage at super-senior levels where they even expect the others to know antiquated dinosaural practices over a network without a face and almost no communication , mystifying me and a small group of “social” users

Thus the Indian pro’s profile, though it is at the start of the race right now is that of mostly inactive, phage looking for each of his social comments to score a big fall somewhere to put it not too unflatteringly and the acceptable thing to say would be. “Yes my profile is on linked in, but..”

Enough of the rant though, next time we dig out the good stuff in people and hope that US citizens come back to Linked in not just as a stock but as a bonafide professional network. No one in India wants to look as if he is wasting time on facebook alone, esp if he is married or about to get into the vows business.

Image representing Facebook as depicted in Cru...

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Still worried about your location data – think about funding Foursquare

Image representing Dennis Crowley as depicted ...

Image by DennisCrowley.com via CrunchBase

This is not to ridicule the outcry against Apple and Google tracking their users’ locations (after all, Apple is also adding cloud based video services and the iPhone 5 may be much faster) but the location based services and local services like Groupon and the Google afterthought in the field are set to burn up the competition and create a mass momentum that may in fact propel a new set of social media and brand services that make it impossible to serve the customer without meaningful location data. This latter solution may even be preferred by those in the building that are entrepreneurs and owners of small businesses and trading outfits like food stalls, pizza companies that are really benefiting from the social media visibility of their brands/businesses.  Meanwhile Google is probably depending on location services as it scales Latam business to twice its size this year (just 2-3% of GOOG revenue)

As of now, four square is about to hit the $5 billion valuation soon as the pe funding round envisaged by 4sq looks at pricing it for $500 million.

In the latest sign of the Internet gold rush, location-based service Foursquare Labs Inc. is looking to raise fresh funds at a price that would value the three-year-old start-up at as much as $500 million, people familiar with the matter said.

That valuation could be a stretch for Foursquare, which gives users the ability to get deals or connect with friends by “checking in” wherever they are, but so far pulls in little revenue, the people said.

Chief Executive Dennis Crowley is leading the effort and would like to raise $20 million to $40 million

Read more: http://online.wsj.com/article/SB10001424052748703387904576279380019110022.html#ixzz1KRQ3hKVh

 
Image representing Apple as depicted in CrunchBase

Image via CrunchBase

Another one bites..the paywall | Advantage social

Content on the web, led by business news and analysis suffered another depletion in its ranks with the NY Times hitting the paywall method to generate subscription revenue.  While notable by its unpopularness and its capacity to remove creme de la creme brand loyalists and serious consumers off the sites like WSJ, FT and NYTimes, the method is the only source of revenue anyone in content has come up with. Most like the Kindle and iPad still rely on the free content from across the World Wide Web, as also yours truly to create and  survive our own brand and content. End of the road for serious browsing? Well, most of the magazine content in all 3 cases is available thru Facebook, Twitter and Google so I don’t even now if they should have tried it. We are not trying the paywall as it still looks like a readymade failure to us.

But that does not mean we have found a way to fill the revenue gap, right! And a payment of just $180 million for Adriana Huffington’s effort..I know where this one is headed..

And by the way all known business and daily newspapers in the UK and the US behind a paywall… nary a subscriber run, just the same owner, mostly!! :( And print editions have already lost steam no end.

Image representing iPad as depicted in CrunchBase

Image via CrunchBase

Thestreet.com’s take on the Paywall characterisation of readers and visitors seems most apt

Who is shopping for services in India AND China online?

Basic creditcard / debitcard / smartcard graph...

Image via Wikipedia

You must have noticed thru the two years of Advantage social / Advantage zyaada/ Advantage Brands our use of content systems from the blogverse has been incidental and for rebuilding social capital

Google in fact does realise that and does not list our analyses in blog pages, listing it in the main search results pages..one of the popular ones with both bing and google and Facebook being “Bank results season” others of course almost all business topics with Advantages.us before and after it. Twitterone has survived too. the purpose of the catcalls – to look for the needle in the haystack, the paying proposition…thence the title of this piece. Though bloggyish, this post also will not be a narrative of my travails and tribulations much so because that would at best be a paying blog/blogger and i am trying to harness the social web and the global financial markets with a bigger idea. I am of course catching the most picky topics so many brands have done exactly the things i liked or “asked” them to do and so did many sports rise in the social world so most of my readers do have an instant opportunity to become instant competitors when they come across the right words to launch their inner demon ( the good guy, the achiever) from the millions on offer. But the thornier question is to find the way to profits and greenbacks while creating and preserving profits and brands for you without resorting to the flailing tactics of the hitherto Wall Street champion, WSJ or even the Pearson media property the FT.

The digital media of iPad, Kindle or the web properties of Facebook and Twitter are closer to the utopia but even these cannot claim to have it good in that cradle of human consumption for the next two decades. Oreos and Mac and Cheese might still have a better chance than the digital business models in getting paying customers here in Asia. And there in, lies my pain..

For others who have the funding and the people to back the ideas, they might consider the following as essential requirements in selling services on this side of the sunshine line:

1. A value proposition that does not need anything more than a bare visit to the property to prove its worth. India and China consumers and corporate customers are very much concerned with the intuitive buy in and not reams of proposals and analysis

2. An ability to continuously deliver a paying surprise. Services products especially need to withstand the torment of time and patience and produce winners like clockwork, like your sports stars we’d rather buy a daily Venus Williams than a once an Olympics Agassi..

3. Find a paying club to back you. Individuals and Credit Card customers are unlikely to buy more than groceries or laptops, offices, resident associations and even midwives clubs are more likely to buy subscriptions, consulting services or even taxi services. ( fleets just have to charge lesser than a taxi to sign up, and they’ve hardly done anything else anywhere else in the globe)

The caveats are many and stay the same much because of entrants like the WSJ and Apple:

!. Most global services/ design brands end up looking at a premium/luxury niche alone in these markets – Great for profits but still not likely to tap even 5% of the Consumption club in these countries across the new towns, the boom towns and the always forever towns

2. Do a little soul-searching when you do your staffing..Most global services brands make more than a few costly hiring mistakes when they come in the open door and it is difficult to overturn these later..typically a lot of European brands could attest to such an experience ( and Kraft of course :) )

3. Go on a media binge – it pays. IT’s ok in the caveats, really. That is the lesson early advantage seekers may have learnt already. This market rewards public presence tremendously. Get good PR and make it work continuously. Buy more advertising, just to sell the name for a few first months and then for the services ideally. The caveat – these markets can be very suspicious of a name they have just heard and reward the competitor who irrespective of product or service quality is louder and more lucrative for the distributors

4. last but not the least, despite the lower likelihood of unemployment, the number of free hangers-on who will never write a word for or against you or actually analyse their own pronouncements before making them will stay in the high millions for every trusted advisor you sign here. WOM – what’s that?

Going Social is not about virality | Advantage social

Image representing Zynga as depicted in CrunchBase

Image via CrunchBase

It gives one a nice smart winning feeling just talking about one of those age-old rivalries in Marketing esp after the touch and go ( mostly go, no touch with reality) viral attempts by big time brands like Amex and News Corp ( see Advantage Brands on the ugly viral mash )

We have earlier asked brands to concentrate on he social media focal point wholesomely as well, as most of our discerning readership would have in myriad statuses and local discussions always a nice point to be made). Lo and behold the ones that count have engaged in battle from the brands namely Pepsi and Coke have finally been competing head to head on rival social media platforms/ agents i.e. Foursquare hosting Pepsi promotions for Gym rats badges and the now popular SCVNGR hosting Coke challenges Zynga and Facebook would be happy to add such brand rivalries esp. if between the soapy suds of Unilever/Dove and P&G or Oprah( i know we have seen the last of her) and Conan or Jay Leno and Conan  or when Honda’s competitors grasp the chance to get on with it on Facebook as the auto brands revv up for a fight.

And yes, this is another strict warning to those of our colleagues still producing viral videos..Get a life, dude! (nope, that is not just swagger and flimsy, it is the real positioning statement Social media has made against the Viral mash that has dominated the notorious internet till date)

And you thought facebook was the problem? | Advantage zyaada

BTW, Yahoo Marketers, we really hate the misuse of property in your Chevy showcase currently on..read on for Marketing research’s confessions and confabulations

For techie bashers though i guess the problem here is some arcane and ancient mariner support technologies like script and php that have created this problem for years in mapping software as well..but really new age new troubles and new innovations have never been reduced to as absurd as these:

Thanks to Advertising Age for the “scoop”

Nielsen disclosed today that its online measurement system has been under-counting unique visitors to the top 1,000 sites on the web by an average of 5%, the latest in a series of problems for the company.

Read Nielsen’s note to clients.

Nielsen says sorry

Adage: Nielsen can't count on facebook

In a note to clients today, the company said that social gaming sites were most affected by the latest glitch. The note did not say how long the under-counting had gone on; last week the company said problems had impacted metrics over the past three months, but sources told Ad Age that Nielsen knew about them far earlier.

Last week Nielsen disclosed it had been seriously underestimating the amount of time people spend on the web because its system was choking on long web addresses — those with than 2,000 characters — which have become increasingly common during visits to social networking sites like Facebook.

That was the single biggest factor in causing Nielsen to underestimate the amount of time people spend on the web by 22%. In better news today, Nielsen said it had successfully tested a fix for that problem and that the fix would be implemented for November data

Other known tech snarls are also around script, with Flash ads that spread like on reuters.com, carrying impactful brand messaging and activation mails or social media pushes that resembles the polar bears frostiness in welcoming thought ( like Coke )but then we could just get too tired thinking much about all these mere passing faults as facebook messaging rewrites email

Creating a premium for brand value | Advantage social

The new NFL logo went into use at the 2008 draft.

Image via Wikipedia

For my old readers (Twitterone.com) who followed the creation and battle of two sports superbrands, IPL vs Superbowl (NFL) it would probably be old hat that Aswath Damodaran has preened his feathers to distinguish the Brand Value as the value of that premium over the predilection to count every brand cost as brand. Mashable of course is having a grand run with it here

I agree it is much nearer to the word-science(Etymology for nerds) and definition of “brand” to look at it askance and demand if it can pay your electricity bill and as Prof Damodaran points out what other thing would last 75 years ( Top 3 out of 5 superbrands from 80 years ago did)

What we need on the social web however is some brands to connect the dots taking the idea from Facebook and Twitter to foursquare and xtranormal and even Googly You tube ( Watch our new Xtra Video Miniseries on YT here)  to thread together a brand story which can then go ahead to outlast maybe the Coca Cola’s that survived 75 years. And I think of course Coca Cola also will. At the heart of that is probably the “brand premium” for “SOCIAL” as loosely ascribed to the Social Web. Nevertheless even otherwise, if it is about empathy and collaboration the brand Coca Cola is yet light years ahead of Facebook. Hope we see the light?

The Coca Cola company gets everyone in a huddle | Advantage social

Coca-Cola Logo.

Image via Wikipedia

With RFID updating Facebook status and auto tagging of all the party photographs. This is really a brand’s dream! Now you know why you could have used more of Twitter..but the winner seems to be Facebook with the Facebook pages becoming a cult. Our brand page here at http://tr.im/advantage We could all use those wristbands

Coke Israel team doing a big favor to the Haifa labs there and putting MTV Miami nights to shame! coke Ireland also had a few bugs of its own trawling Facebook for brand value. Definitive an active lifestyle!

Among other recent successes, coke had achieved 86 million impressions when it launched itself as a keyword/trend on Twitter’s promoted tweets!

In just 24 hours, Coca-Cola’s first Promoted Trend garnered 86 million impressions and an engagement rate of 6%, according to the company’s Global Interactive Marketing Vice President Carol Kruse in an interview with The Financial Times.Following in the footsteps of Disney/Pixar, Coca-Cola is the second company to reach Twitter(Twitter) audiences by advertising as a Trending Topic on Twitter.

The cost for this particular Twitter ad buy is said to be tens of thousands of dollars, but Kruse indicated that the cost was small relative to other ad buys and that Coke is pretty pleased with its first Promoted Trends experiment.

The company choose to run with its Promoted Trend campaign during Wednesday’s World Cup matches, a peak time for Twitter activity. The decision was a risky bet that could have yielded mixed results due to Twitter’s inability to keep the service up during World Cup online hysteria. Fortunately for Coke, its risky decision paid off

 Did you know that globally Coca Cola is the most well understood phrase in any language and beats no, yes or even Mamma! It is actually voted second after the word OK

The new post after Apple rode tech | Advantage Social

Steve Jobs for Fortune magazine

Image by tsevis via Flickr

Actually Apple re-wrote tech again in last week’s event and I still can’t deal with it. Because right now, we have to apply a wait and watch to any hardware technology based new marketing and lifestyle tools. With Facebook it was not a platform or a technology, even if there was, it was ubiquitous by its absence from user psychology. Steve Jobs, Apple, Ping, ABC and even the other networks that signed up with their largest shareholder’s hobby project, are more in the game of transforming the technology rather than Web 2.0.

Apple is usually more about design and Marketing whence both Ping and Apple TV ( which has till now been only a hobby project experimenting with a host of amateur video related features and owning the programming age of digital) are likely to be the talk of the town once they do get into their next phase as the friendly coaster in the living room to play with when fiddling around on iPhone or probably even a more refined choice of Apple gadgets for a marketing friendly and design friendly living room.

On the ebooks front, Kindle has been keeping its own too, so the war is still on the tech parts and user adoption is unlikely to ramp up to speed while it is so. i for one, don’t like my music to speak too much to me as it gets too intense and I’d rather it stays in the background even when it is my favorite tune. I am sure humans will never let tech invade their living room for tech’s sake.

Steve Jobs at the WWDC 07

Image via Wikipedia

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