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M&M’s Blog goes behind the headlines to offer a running commentary on the business dynamics within the international media and marketing industry. The M&M editorial team joins forces with industry experts and local market heroes to balance a bird’s eye view of global trends with the importance of local insight.

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Social Media

  • Harlem Shake vs Gangnam Style: the ultimate Twitter showdown

    20 March 2013

    Harlem Shake and Gangnam Style – if I’ve lost you already then I’ve only got one thing to say: Where have you been hiding for the last year?! Both have taken the world of online video and social media by storm, and if you’re anything like me you can’t help but start bopping your head as soon as you hear either tune start playing.

    It’s great that these YouTube phenomenons have seen massive global success in such a short space of time and this new, interesting infographic from Ghergich & Co used Twitter data to compare how both were picked up in social media in the first 30 days after launch.

    After comparing the total number of tweets, positive and negative reactions, tweets by country, total exposure and the peak performance, the team at Ghergich managed to pull together this pretty cool infographic comparing the two. Can you guess who came out on top? Scroll to the bottom for the winner – you might be surprised!

    Harlem Shake Vs Gangnam Style Ultimate Twitter Showdown
    Infographic by Ghergich & Co.

    And for those who still have no idea what I'm on about, check out the videos below:

    Comments (0) | Permalink

    Posted by: Jenni Baker

    Tags: Twitter, Social Media, Online, Social, Video

  • Behind the Great Firewall of China

    18 March 2013

    Despite government censorship in China, there is a vibrant social media landscape. While Facebook and Twitter are banned, Chinese clones have sprung up with millions of active users. Our analysis provides a snapshot of which Western figures interest people in China. We used our proprietary software to monitor conversations relating to more than 1,000 UK and US celebrities from a range of fields including sport, politics, business, entertainment and literature. These conversations were taken from social media platforms such as Renren, Sina Weibo, Tencent Weibo and Youku as well as blogs, forums and news sites.

    By looking at how various public figures tracked over a period of 90 days, we were able to see who China’s 564 million internet users were talking about. Brands such as Vivienne Westwood, Stella McCartney and Paul Smith made it into our top list, showing Chinese consumers have a keen interest in British fashion. This kind of information gives valuable insight into what interests Chinese consumers, which is vital for companies seeking to break into China.

    By Catriona Oldershaw, managing director UK, Synthesio

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Social Media, China

  • Facebook News Feed: Only the best brands will prevail

    10 March 2013

    Facebook’s new Newsfeed features much of what we had expected: bigger, richer display units for posts; consistency across mobile, smart trending topics, integration of Graph Search, and bespoke streams.

    For users, it should represent a welcome lick of paint for the service that is now so integral to everyday life: symbols instead of text to better display on mobile, and the new ‘omni-sidebar’ on the left. The newsfeed is simplified and expanded, meaning bigger and better updates. ‘Content feeds’ allow users to easily see items from just friends, or pages, or photos, or people you follow, and so on. There’s even one just for music (now there’s an ad opportunity). Previously, these lists have required effort to curate and manage – here, it’s all done automatically.



    Facebook is almost certainly trying to hold on to its much-touted ‘stickiness’, or session length – something that has doubtless been threatened by other social services and highly-polished, single-purpose apps. With ‘more stories, less clutter’, the site is working hard so that you don’t just navigate away when you’re done, but instead go find something else to browse.

    For marketers then, News Feed is more important than ever. Make no mistake: this is a user-first update. Facebook didn’t even mention ads until the Q&A. Bigger visuals pave the way for better marketing, but now there’s a responsibility for brands too. If people get fed up of poor-quality ads, it’ll be easy to skip them entirely. On the other hand, if there is strong uptake of the revamped feeds, then more paid impressions will be available. Some marketers may blanch at this change, but it’s simply sorting the wheat from the chaff. Nobody benefits from poor advertising, least of all Facebook. This nips that problem in the bud, and should mean that only the best brands prevail.

    By Ben Woods, managing director, iProspect

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Social Media, Advertising, Facebook

  • Branch launches publicly

    22 January 2013

    Branch, the new discussion platform from the company behind Twitter, has come out of private beta, allowing anyone to create their own conversations.

    The platform has been open to selected individuals for a while, and I blogged about it back in late August with a distinctly ‘not quite sure about this thing yet’ take on the site which allows groups of individuals to talk around topics, but four months on, the service has developed dramatically.

    Demonstrating a dedication to listening to its early adopters and involving them in the discussion of new functionality, paired with rapidly rolling out new features, the Branch.com platform has already become a really valuable mine of discussion and tool for facilitating conversation where Twitter is simply too brief.

    Three key features really stand out for me. 

    1. Invite only branches – I was initially sceptical about the idea of allowing only those who you hand-pick to be part of a branch, but after continued use, I’ve realised its strength is in holding a salon, rather than a free-for-all shouting match. The ability to ask to be added allows outside voices if the moderator approves the input, based upon their ‘pitch’ to join in.

    2. Highlighting – taking ‘likes’ or ‘favourites’ on to the next level, rather than liking an entire post, you can highlight specific comments or statements within a post, to really zero in on aspects of the conversation you appreciated. This gets around the ‘Curate’s Egg’ of many blog posts or random musings.

    3. Branches – the eponymous feature, being able to fork off a conversation into a separate branch allows you to take discussions off at a tangent without diluting the main flow. This directly supports the disparate thinking that often leads to really interesting debate and thought, without leading others away from the theme at hand.

    They’re also integrating Spotify/Soundcloud, grouping of conversations (and people), actively working with early adopters which they call ‘Friends of Branch’ to develop the platform further and have placed a real emphasis on design and user experience.

    For publishers, the immediate value and opportunity will be around offering discussion salon content quickly and easily, almost like a written panel debate, easily instigated and rolling, and will no doubt offer new forms of content and structured debate beyond its current format.

    For brands, the opportunities are less clear yet – perhaps the facilitation of conversations, inviting key figures or remarkable minds to talk around topics close their heart, perhaps open consumer panels around product development, perhaps collaborative democracy tools to make decisions in the open.

    From a data perspective, being able to see which users are commonly highlighted and respected against particular topics will offer some real insight and quantifiable metric of authority and respect, which goes way beyond tools like Klout to identify and understand influencers.

    For something that launched publicly this week, there is already a fantastic wealth of value to be explored, and I’m going to keep a keen interest in how publishers and brands start to use Branch within their own activity.

    By Matthew Knight, strategic technologies director, Carat

    Follow Matthew on Twitter @webponce or via his personal blog http://webponce.com/rants/

    Matthew recently took part in an M&M Global round-table discussion debating the future of the automotive industry. Check it out here.

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Twitter, Social Media

  • The philosophy of brands

    08 January 2013

    How would a philosopher deal with the brand challenges that marketers face every day? Matt Mee, European strategy director at Mediacom asks Vincent F. Hendricks, Professor of Formal Philosophy at the University of Copenhagen, about brand ambition and the need for a broader agenda.

    Matt Mee: What does a brand mean to a philosopher?

    Vincent Hendricks: To me, brands are signal exchanges between a company and a designated part of the public.

    Basically, branding is a signalling game; if you use a Mac, you are creative, successful and a free thinker; if you drive a luxury auto, you are successful in business and perhaps in your personal life, and so on.

    These signals can be very strong. What Apple is also selling is a lifestyle, or the impression of a particular kind of lifestyle. And that goes for many other well-established brands, as well.

    No brand wants to come across as being unattractive. So you tell a story, establish a narrative and frame a message in such a way that you hope has public appeal.

    Matt: So while social media lets us pretend that we’re all individuals, the role of brands as social currency undermines that?

    Vincent: People seem more narcissistic now than they ever were, and social media plays a crucial role here. Everybody wants to present themselves as being original, unique, fulfilling their own individually defined goals, being attractive and interesting, etc., and social media comes in handy for boosting these kind of signals.

    But at the same time, everybody is subscribing to or converging on the same values. We have never been so alike in our actions and decisions. Everybody wants a Burberry, Mac or a Gaggenau kitchen. But why?

    It all comes back to the signalling game. If success is presumed to be expressed by buying a new car, then in order for me to show everyone that I am successful, I have to acquire the signal itself. It’s like with currency: I only accept the currency that everyone else has agreed upon and accepts. It’s unequivocally demonstrating my success, so everybody feels uniquely successful, and yet everybody is the same because that’s how the signalling game works. Brands are in the business of signalling success.

    Matt: So a successful brand is one that attempts to emulate or deliver those signals, to the point where it becomes a kind of societal norm?

    Vincent: That’s right, but many brands don’t quite get that far. For the ones who do, the signal value is massive.

    Matt: At the crux of what you’re saying is that brands need to create signalling effects. How do they do that?

    Vincent: The majority of firms are in the business of making money. That’s fine, but I would like companies to be more ambitious than that. They need to support things that are important to society, like properly formatted and presented information: information that could be used for decision-making.

    The financial crisis has shown us that when people get the wrong kind of information, they may make terrible decisions, get caught in bubbles, lemming effects, echo-chambers and so forth.

    Brands need more ambitious agendas that we value in this world. Wouldn’t it be something to see a fragrance brand sponsor peacekeeping missions in the Middle East? A global societal ambition for an otherwise vanity-driven business: now that’s novel and innovative!

    Long-term Commitment Needed

    Matt: How can this happen in a world in which corporations are becoming increasingly short-term in terms of their outlook?

    Vincent: Substantial ideologies are never implemented overnight. You have to change people’s mindsets, you probably have to change some of their value set, outlook, perception, incentives and so on. There are many preconditions to making such a change work, but it’s not impossible. Most branding needs to be short-term: you want to get people right here and right now, but that need mustn’t preclude longer- term ambitions.

    There’s a sort of prisoner’s dilemma with these things: if everybody is out to maximise utility for themselves, then everyone may experience a suboptimal outcome. No country in the world is going to be able to solve the climate crisis alone. No country in the world is going to be able to solve the financial crisis alone. No company can make a global social difference alone. These fundamental problems can only be solved if we all move and work together.

    Obviously, there has been a lot of conversation about the duties of commercial organisations to pursue an agenda of positive social consequence, and the need for their foundations to be moral or ethically correct. But corporate social responsibility should not merely be a point on the company agenda – it has to be an ambitious societal agenda.

    Matt: Ultimately, what you’re saying is that too many brands have been pushing the status quo in the short-term, without really looking at what’s coming around the corner or acknowledging problems that require long-term collective action.

    Vincent: Each behaves as if it’s the maintenance guy, which is fine. But maintenance does not mean progression for the better: maintenance means maintenance. If your brand wants to be more influential, you need to have an ambition worth something. That’s innovative. Ambitious brands produce what consumers don’t expect, not just more of what they do.

    By Matthew Mee, strategy director, Mediacom EMEA

    This blog post was spotted in Blink: The Passion Issue

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Social Media, Apple, Branding

  • How to protect your brand from ‘complaint broadcasters’

    19 November 2012

    Consumers are increasingly looking to their peers for guidance when considering a purchase, which means that ‘social validation’ now accounts for a significant share of how purchasing decisions are made.  As a result, it’s never been more important to ensure that disgruntled customers are dealt with quickly, carefully and effectively, before any negative perceptions of the brand can be spread.

    It used to be that unhappy customers would complain to the company directly, and perhaps share the details of their experience with a few friends and family members. Generation Z, however, is a lot more technology savvy, and these consumers will only approach the company directly when they have been seriously aggrieved, as they tend to use social media to vent their frustrations to the wider public otherwise. This change in consumer behaviour has led to the rise of ‘complaint broadcasters’, the name given to consumers who will again and again take their grievances to social media for the whole world to see.

    In light of this fundamental shift in the way customers communicate, it is essential that companies of all sizes have the right mechanisms in place to listen to and manage incoming complaints effectively. Once the validity of the complaint has been confirmed, the business can then take the necessary steps to deal with the problem and resolve the issue with the customer. This will not only involve satisfying the consumer complaint in a private context, but also on social media, where the complaint has been broadcast.

    New businesses, in particular, are in a prime position to start off with this more willing and proactive approach by tuning in and managing the on-going loop of customer feedback from the start, and demonstrate to their more established peers how customer feedback can be managed effectively to reap business benefits and maintain a clean online image. Depending on the validity of the complaint, complaint broadcasters can pose a huge threat to a company’s brand, but having the necessary mechanisms in place will make this process a lot easier to manage.

    Ultimately, a customer-facing business is always going to receive complaints, but having systems in place to identify problems before they become complaints will help to minimise any negative impact on the business. Having open communication and complaints channels will bring the voice of the customer into the heart of the business, which is exactly where it should be.

    by Andrew Aldred, head of marketing, Mycustomerfeedback.com

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Social Media, Branding

  • Social media drives revenue: infographic

    30 October 2012

    Eventbrite’s latest Social Commerce Report, which examines the additional revenue and traffic accumulated when people share event information on Facebook, LinkedIn and Twitter, has revealed that Britons are the most prolific ‘clickers’. In the UK, as the below infographic details, every time someone shares an event on Facebook, on average 22 of their friends look at that event. However, on Twitter, if someone shares an event it results in 42 of their friends checking it out – the most visits generated out of all the countries surveyed. 

    Globally, the value of a social share has risen by 81% and traffic generated from each social share has increased by 59%. As events are inherently social it is unsurprising to see a compound effect of sharing, however, it is interesting to see that the values and traffic driven from each share continue to rise despite the increase in volume of sharing across social networks.

    Check out the infographic below for more information:

    By Tamara Mendolsohn, vice-president of marketing, Eventbrite

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Twitter, Social Media, Online, Facebook

  • Power to the online people

    19 September 2012

    Where were you when news of the tsunami hit Japan in 2011? How about when Michael Jackson died? Probably online, according to many experts who claim that social media has become the main media source for hundreds of millions of people.

    Not just in the US, either; Facebook alone has more than 900 million users spread across the globe as of 2012. Other social media giants like Twitter have facilitated revolution against unjust leaders and warned people of impending natural disaster. In fact, so many people regularly interact online that if the Internet were a nation, it would exceed the Americas, Europe and the Middle East combined in population.

    No wonder more than 13 million members of the online community used Reddit and other media platforms to protest SOPA, a proposed Internet censorship bill. Keep this graphic in mind next time you log on, because knowledge is power — and a little knowledge goes a long way in the Internet Age.

    Power To The Online People

    This post was spotted on OpenSite

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Social Media, Online, Social

  • Which of the London 2012 sponsors won the 'Socialympics'?

    13 September 2012

    An interesting graph to share from Sociagility, which charts the rise and fall of the 25 main London 2012 Olympic sponsors based on their social media performance throughout the Games. The report assessed the sponsors’ performance across the web, Twitter, Facebook and YouTube over a period of five months. 

     

     

    Keep an eye out for M&M Global’s Special Report on the London 2012 Olympics in the Q3 issue of M&M Global.

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Social Media, Social, Olympics

  • A lot can happen in 9.63 seconds! It’s in the data!

    16 August 2012

    While you were watching the 100m at London 2012 come and go in a flash, did you ever consider what happens online during that time - all day, every day? Specifically, within 9.63 seconds 16.660 tweets are composed, 110.000 Facebook posts are uploaded, 28 million emails are sent, and 255.000 product images are displayed by Criteo. So what connects this remarkable feat of human achievement with the online environment? Well in some ways it is quite simple, big data!

    Sir Tim Berners Lee was a fitting part of the Olympics opening in what was an amazing representation of societal and cultural developments in British history. We are now at a stage where the online revolution is an integral part of our daily lives. As Usain Bolt ran the second quickest time in history, people clamoured for an internet connection to share their thoughts through online forums, Facebook and Twitter. This need for online is only going to grow exponentially as Usain Bolt and his adversaries train harder to improve their times.

    Looking at BBC’s coverage of the event, it was data that glued it together. The BBC covered every event with extreme sophistication. The latest technologies and techniques were employed to ensure that the viewer felt an integral part of each sport. But consider this, if you take the Olympics branding and cultural melee of the whole event away for a moment, the factor that connected the event was statistics. The medal tables unified countries – it was a constant race to achieve more and subsequently be placed above rivals. Just think of the doping scandal and the recalibration that was required when the Woman’s shot putter was relieved of her medal. And then there was the analytics surrounding these achievements, with intricate economics employed to assess whether the levels of funding in developing our athletes were justified.  

    Taking it another way, the Olympics were only made possible by the advertisers and sponsors that supported the event with a wealth of data. In much the same way that individuals were keen to find the most up-to-date information in real-time to ‘stay ahead of the games’, advertising spend online enabled publishers to monetise this content. But it wasn’t just that. The effectiveness of online advertising also increased significantly by an ability to respond to consumer needs in real-time with relevant products, thereby enhancing the whole process.

    Every 9.63 seconds, Criteo presents 255,000 images from over 3,000 advertisers. As a result, if there is a sudden interest in Usain Bolt’s trainers or Beats headphones (as used by the swimmers) retailers can respond. Makes you think next time you sit for 10 seconds!

    by Michael Steckler, managing director Northern Europe and Benelux, Criteo

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Social Media, Advertising, Olympics

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