Often times you have to step in it to realize you are in it. With social media, you would have to have lived in a cave on an island in the Pacific to not know how ubiquitous it is. It’s permeating every part of our daily lives. With that being said, here are 7 “things” you should be aware of as we go forward in this digital world that can carry you and your company towards Web 3.0.
1) Look for more content to be produced by “others”. This means look for the rise of the professional content creators masking as citizen journalists. They will blur the lines so much-you won’t know where the value lies. We used to marvel at UGC, but what is it when large organization start to pass their content off as UGC? Think of Wal Mart or Astroturfing. Know the difference between “real” UGC and professional content.
There’s a reason why Twitter is killing Facebook in CTR rates. Marketers are realizing that Twitter is a consumption vehicle for content and thus they are catching on in continuing to push out content- but they realize they must disguise the content in a way that is appealing and doesn’t seem hook ladened.
2) There will be a continued increase in the value of communities but you will also see more splintering of those communities into niches. Face it, we all have a niche, and connecting to those people via an online community, certainly drives a good portion of our searches. Knowing that people are searching for their tribes will help you in your understanding of market segments. Focus on focus-Want to grow your product? Find the niche, it’s there.
3) Mobile will be THE social platform.The global mobile market is expected to reach $1 trillion by 2015. What are you waiting for? Your competitors? What are you doing about it? Get serious about mobile.
4) Social data will determine your next move in your future business engagements, don’t ignore it-Social data will be driving consumer engagement.
Companies are mining the social web to build dossiers on you. Information posted publicly on blogs, Facebook, Twitter, forums and other sites is fair game
5) Engagement strategies will be different on every channel because of the data returned from #4. Don’t assume that your social strategies will be the same across all BU’s. Each has it’s own nuance and needs. Be mindful that your social solutions will be different-understand their capabilities and their deliverables.
6) Mitigating loss of control in social media will continue to be underserved and undervalued. What seems to be common is that people don’t do anything from a crisis communication and loss mitigation standpoint until after things hit the fan. Create your social media worst case scenario plan, don’t wait.
7) Search will still rule, but social search will drive future customer engagement. How are you currently addressing the fact that people will be using a mobile device and could be doing searches through their social network of choice for products and service and companies? For starters, think local and then learn how it works.
If there were a way to etch these in pencil, I would do it. Things change so quickly in the digital social media world that nothing is finite and everything is fair game. But as an organization, agency or marketer trying to make heads or tails over what might happen-this is as good a snapshot as any to start from.
Thanks for posting these inspiring insights.
I was especially fascinated by the thought of the global mobile market being worth $1tn in less than five years’ time.
And yet half the sites I visit still don’t render on my Android smartphone.
Lot of opportunity there, it would seem.
Thanks for rocking the party with this article!
@Dave, It’s certainly a daunting and impressive number. But it also has the most potential too!