360DigitalInfluence

What if, instead of targeting 5,000 people, you could achieve the same bottom line results by engaging 500 or even 5 people, at a lower total cost? That’s the potential of influence marketing. Is it living up to that promise and how can this type of marketing be scaled in 2012?

What we do know:

• Changes in consumer attention mean marketing is changing, and the change is dramatic
• It’s becoming clear that one of key players in this change is the individual consumer
• Individuals are playing a central role because they trust each other – often a lot more than they trust companies
• In today’s environment they’re able to better communicate and share with each other – on many things, including products, services and causes

So, do we then target all individuals engaged in social media? Our thinking is that individuals who are influential can create outsized value. There’s been a lively debate around this (see, for example, Paul Adams excellent discussion and his comprehensive collection of relevant research links). It seems to me that most of the debate seems to center around the definitions of who is an influencer. To us, an influencer is not defined solely by the number of people they connect to. Quite simply, an influencer is someone who is capable of – and wants to - bring about changes in awareness, perception or action in a group of people, around a specific topic. Below, we present 3 real world data points assessing the value of different types of influencers.

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Egyptian Women Harassed on International Women's Day 2011

Oscar Wilde once famously proclaimed, “One can survive everything, nowadays, except death, and live down everything except a good reputation.”

It goes without saying that at least once, if not several times in our lives, we have all experienced the negative backlash a spiteful rumor or an embarrassing truth can have, but it is often how we handle these imbroglios that truly define our reputations.

In 1997, according to Measures That Matter, The Center for Business Innovation (CBI), and Cap Gemini/Ernst & Young, about 35% of investment decisions were based on factors such as reputation and image.  Today, this percentage is considerably higher with the activity and immediacy of Facebook and Twitter.

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Who among us does not enjoy a good social experiment? As you have probably heard by now one of the themes rising out of this year’s SXSWi is the importance of game mechanics and how people engage when a game layer is added to community.

Seth Priebatsch of scvngr.com ended his presentation with a little social experiment that was a great illustration of how the game layer can bring people together. As we entered the auditorium everyone was handed one of two cards that were color coded.

One card was blue on one side and green on the other while the other card was gold on one side and orange on the other. As Seth wrapped up his presentation he announced he was launching a social experiment. The challenge: Without getting out of your seat, work with the people on your row to determine what color card your row was going to be and then negotiate from your seat to get the color card you needed. He gave us a time frame and if we made the time his company would donate $10,000 to a charity. He counted us down and the game began.

On my row and the rows around me, we had several empty seats and while you would think it made it easier to choose a color it was actually harder to communicate. As the game began, each person was created equal because each person in the auditorium was working toward their own goal as well as making their row or team reach their goal - celebrity status did not matter. Quickly, my row decided we would go green, and then the race was on to use our influence to negotiate with the rows and people around us to trade cards so that each person on my row had a green card. We quickly determined how many “greens” we needed and then went about making the necessary trades to secure green cards. The process was exhilarating and challenging and at the end of about 150 seconds, Seth called time and asked each row to hold up their cards.

Personally, I was concerned as I found myself wanting to win and for the charity to win. As we all held up our cards, much to I think everyone’s surprise, we (meaning the entire auditorium of 2,500 people) had accomplished the goal. Each row had come together and worked not just with the people on their row, but also the rows around them. It was quite a moment; 150 seconds and 2,500 people had come together and made the experiment a success.

So why am I so energized by this experiment? I think there are several reasons:

-    While Seth’s presentation was interesting I think his point was made stronger through the “game.”
-    The experiential side of this exercise made it more powerful; this was experiential learning at its best. One of the guys sitting next to me commented that he never thought he would fall for game mechanics but as soon as the challenge was on – he was all in to win.
-    Your influence comes with accountability and responsibility and you never know when you will need to exercise it. Someone sitting in front of me had a minor kerfuffle and I noticed as we started the experiment it took his row longer to embrace him. I could not help but find myself wondering if he was wishing he had made different choices about how he joined that row.

In the end, I think Seth did a great job of proving his point that a game layer not only breeds participation but that it can breed cooperation. However, I also find it troubling that the game layer is what motivates people to come together. I’ll admit the gaming made it more fun but is that what we are becoming as a community? Do we need a game to work together?

We are very excited to announce that we are a proud sponsor and participant of an upcoming virtual conference brought to you by our friends at PRWeek next week. With new applications and social media tools emerging every day, staying up to date on the latest trends in social media innovation is critical to our business as PR professionals.

The PRWeek Lab will take place Wednesday, June 2 and Thursday, June 3, 2010 and will provide an online resource for PR professionals on the most recent social media trends, tools, and strategies, thought leadership, and case studies- all without leaving one’s office. The online platform includes live webcast sessions, keynote speakers (such as Jeffrey Hayzlett, CMO of Kodak and Ben Edwards, VP of Digital Strategy and Development, IBM), as well as exhibitor booth environments for follow-up questions, live chats, and material downloads. PRWeek Lab will be a fully interactive experience, with Q&A throughout, as well as polling of all participants on the quality of the content and the future of social media. No other PR event will bring you closer to the action that is driving today’s social media innovation.  Please visit here for additional details.

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Last week, I attended a webinar from WOMMA where WOMMA General Counsel Tony DiResta discussed the importance of disclosure across social media. This conversation normally focuses on brand-blogger relationships but the same best practices and government guidelines may also affect your Facebook Page.

Here are five things to keep in mind about your brand and disclosure on Facebook.

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