Category: Euler (page 2 of 2)

How data is transforming digital marketing

Digital marketing has come a long way in the past decade, as we’ve moved beyond putting existing materials online and learned how to really harness the native advantages of digital technologies.

The pace of change continues unabated, and among its most important drivers is data – and the meaning of that data.

Every one of us is going to be producing more data describing our use of digital products and services. This is what I like to call digital detritus. Detritus – discarded organic matter which is decomposed by microorganisms and reappropriated by animal and plant life – is interestingly analogous to our regard for, and treatment of, the data that we’re all shedding.

Big data

When it comes to the increase in data, we’re working on a logarithmic scale: we’re talking about hundreds and thousands of times more. Data in such quantities may well prove to have important new mathematical properties that are attractive to marketers, customer service and product development teams. Moreover, we don’t actually do much with the digital detritus today – it mostly resides in inaccessible log files, although the technology for collating it is becoming increasingly achievable and affordable.

What does this mean in everyday terms? Read more

Profiting from the New Web – the video

I posted about the Profiting from the New Web conference last month, and now the video summary of the day has been published. It was a real pleasure to chair the event and have the opportunity to provide some commentary in the video too.

Thanks to everyone who took the time to get in touch after the conference. I'm sure, given the overwhelming positive sentiment, that we'll be making this conference into a series. Watch this space.

The Web this decade and what it means for your organisation

I'm a fortunate geek. I got to chair the 6UK launch back in November, with keynote by Vint Cerf – fondly referred to as one of the fathers of the Internet. And on Monday this week, I chaired Profiting From The New Web at the Royal Society with keynote by Sir Tim Berners-Lee – inventor of the World Wide Web. How cool is that?!

Sir Tim Berners-Lee, New Web, London, 23rd May 2011

Sir Tim Berners-Lee, New Web, London, 23rd May 2011 (courtesy Intellect)

I worked with the Web Science Trust and Intellect to design this week's conference, and we set ourselves this mission:

Discover new and better ways to do business, run our countries, and lead fulfilling and sustainable lives via the intelligent, innovative and diligent development of the New Web, and to make progress faster than otherwise.

Web Innovation

The term Web 1.0 is applied retrospectively to a Web of documents and ecommerce. The term Web 2.0 has come to describe social community and user-generated content. The New Web – the Web of Data or the Semantic Web, and sometimes Web 3.0 – entails the Web itself understanding the meaning of that participation and content.

A component of the Web of Data, known as Open Data, encompasses the idea of freeing data so that others may query it, check and challenge it, augment it, and mash it up with other sources. Sir Tim is particularly motivated by this vision given its potential to drive scientific breakthrough, enhance delivery of public services and open up new frontiers for competitive advantage. Read more

Neville Hobson’s interview with me at the book launch party

A big thank you to everyone who joined me last night in central London for the launch party for The Business of Influence. And for those who were still around between midnight and 2am, I can only say that I rarely get the opportunity to cut those dance moves these days; so apologies.

Special thanks to the legendary Neville Hobson (@jangles) for taking the time to record a chat with me. For those who haven't yet had the pleasure, Neville is a co-host of the FIR (For Immediate Release) podcast amongst many other things.

Listen!

[UPDATE 5pm 25th April: Neville has now published this interview on the FIR podcast.]

And thanks also to everyone tweeting their pics of the book, but I'm afraid Simon Sanders (@simonsanders) takes first prize so far for his tongue-in-cheeking unboxing (what's unboxing?):

My book, The Business of Influence, is out today

Today's the day!

It's ready for delivery in the UK today, and pre-order in other parts of the world. For those of you tweeting about availability in the US, currently listed as mid-June by some bookstores, Wiley tells me it should actually be with you mid-May. Thank you for your interest and patience.

What's it about?

The Business of Influence: Reframing Marketing and PR for the Digital AgeThe Business of Influence is a rethink.

It's about improving the capabilities of organisations to design and attend to the way in which all aspects of its operations influence stakeholders, about making sure stakeholders influence it, systematically, and about how well competitors are attempting the same. It focuses on influence as the common denominator of marketing and public relations and related activities such as customer service, sales, product development and HR, and therefore the basis for redesigning these and interconnecting them.

The book introduces the Influence Scorecard, named in homage to the dominant framework for business performance management, the Balanced Scorecard. The Influence Scorecard then is a subset or view of the Balanced Scorecard containing all the influence-related key performance indicators (KPIs) stripped of functional silo, and it may extend beyond the Balanced Scorecard should a greater operational granularity of metrics be demanded by the influence strategy.

The Influence Scorecard is a new framework for the 21st-century designed to help organisations focus on what matters rather than continue to carry the baggage and inefficiencies that come part and parcel of the typical 20th-century marketing and PR structure and approach. It's a reframing in the context of 21st-century media and disintermediation, 21st-century technology, and 21st-century articulation of and appreciation for business strategy. Read more

Social analytics on CIPR TV – with Connie Bensen, Emily Dent and Marcel LeBrun

Regular readers know that social analytics is a subject close to my heart. And would you believe it, my ebook on the matter, The Social Web Analytics eBook 2008, still gets downloaded a thousand times a month. I also made sure to include a section on social analytics in my book of course (out this month in the UK and shortly in the US), listing twelve primary characteristics of the services to assist in your organisation's tool selection and procurement.

Well yesterday's CIPR TV was on the topic of social analytics, and Russell and I were delighted to have Alterian's Connie Bensen and NMIncite's Emily Dent join us on the sofa. We also managed to interleave a three minute interview I grabbed with Radian6 CEO Marcel LeBrun at last week's Radian6 Social2011 conference.

Check it out:

Radian6 and the Insights Platform – getting semantic

Radian6 Social2011 conferenceI'm in Boston this week for the Radian6 Social 2011 Conference. (Disclosure: Radian6 is paying my expenses to be here.) So far I've enjoyed talking with Radian6 CMO David Alston, OpenAmplify CEO Mark Redgrave, Edelman's David Armano, Dell's Head of Interactive Marketing Adam Brown, Klout Head of Platform Matthew Thomson, Marshall Sponder and Nathan Gilliatt.

Radian6 CEO Marcel LeBrun has kicked off the event this morning by launching the new Insights Platform, and I appreciate why Marcel is so enthusiastic about it.

Here's how Radian6 describes it:

Insights are answers. Insights give meaning to unstructured volumes of content based your needs and integrated into our current dashboard offering. Current partners include Klout, OpenAmplify and OpenCalais. The insights that each of these partners offer (like age range, location, influencer score, textual analysis) are added as drill down options on the Dashboard widgets, so you are able to take your Radian6 topic profile mentions and overlay the insight partner data all in one place. No exporting River of News and doing comparative analysis in Excel to these providers data from your separate account, now it’s all been brought together for you.

How does it work? Well Radian6 has leaned heavily on the three partners, with both OpenAmplify and OpenCalais having deep expertise in semantic technologies. This is the tech that helps interpret, understand and process the meaning of content. Serious stuff. Read more

What’s the ROI of social media?

I was delighted to have the opportunity to present my take on the ROI of social media to approximately 80 people yesterday evening at the Digital Publishing Forum. It seems this was a hot topic of interest; as well it should be.

I sought to put the topic into perspective with the following challenge. What's the ROI?...

  • Of the latest rebrand?
  • Of the office refurb?
  • Of the internal communications activity?
  • Of the training and development programme?
  • Of the upgrade to Windows 7?
  • Of the new standard issue smartphones?
  • Of the stakeholder engagement via social media?

If you'd like to see where we went from there, here's the presentation:

Thanks to Julia Lampam (@JuliaLampam) for the invitation to speak.

Influence in the age of the social web – keynote to EUPRERA

It's a beautiful sunny Spring day here at the EUPRERA Spring Symposium in Lisbon. It's my first time at this gathering of the European Public Relations Education and Research Association – the forum for innovative PR research and education – and I'm delighted to have been invited to deliver the keynote.

Thanks to Philip Young and David Phillips for the invitation. Here's the slidestack. I was a bit surprised to get a slide count of 77, but 16 of the slides present the infographic 'Content – An illustrated history', which is easy to breeze through :-)

Real-time PR demands rigorous strategic alignment

Real-time PR is a hot topic.

This is nothing to do with fashion, but the unavoidable pressures of modern PR. David Meerman Scott's November 2010 book, "Real-time Marketing and PR" is already a Wall Street Journal bestseller, and with Twitter responses frequently meaningless after an hour's delay, if not minutes, and many conversations requiring a response within the hour or two, awaiting the Monday meeting to debate possible responses is now simply unrealistic.

I presented at Social PR 2011 today on just this topic. The main take home... it isn't easy.

Being the eyes, ears and mouth of an organisation to the drumbeat of the daily news was never easy. Being the eyes, ears and mouth, with heightened sensitivity to influence and be influenced in real-time, requires enhanced levels of strategic diligence, meticulous planning, training, constant attention to detail and rigorous measurement.

Reality is perception.

It’s impossible to fake it.

Real-time PR must, by nature, be authentic.

Real-time PR marks the death of the persuasion / ‘spin’ school.

Long live two-way, symmetric PR fostering mutually beneficial relationships between an organisation and its publics.