December 31, 2012

Why SoLoMo is Running in SloMo Social, local and mobile are the next big thing; the last mile; where the rubber meets the road, the ultimate game changer. The pundits predicted 2012 would be the year of SoLoMo. Now the same pundits predict hockey stick growth in 2013. Yet in spite of steady growth in mobile adoption, smartphone penetration, soaring text and video volume and the steady growth of local search, the fantasy of immediate, relevant, personal mobile advertising penetration hasn’t yet materialized. It’s not for lack of technology. Four other factors are retarding the growth of mobile advertising and offers on a local level. Phone Sensibility. Mobile phones are the last perceived bastion of personal privacy. Most people are outraged at getting telemarketing calls, robo calls or text ads on their phone. Intruding on a cell phone is considered the ultimate invasion of privacy. Consumers are not ready to be targeted, followed and hounded like Tom Cruise was in the movie, AI. Merchants Have Been Burned. Groupon and Living Social poisoned the well. Promising amazing results and delivering losses, these social and mobile marketing schemes have soured merchants. Without a provable ROI, there is no appetite to play in this arena. Disappointed retailers eager to embrace new technology and engage customers have been burned. Their anger has extended to all forms of social and mobile advertising. No People or Budgets. Main street retailers don’t have the time, the savvy, the people or the money to play in this space. Most don’t even use e-mail effectively much less more complex technology that requires considerable strategy and labor to execute properly. Even the bigger guys don’t have the databases or the systems in place to execute this smartly using the built-in GPS function on a neighborhood, zip code or block level. And since nobody as hit it big yet, there is no imperative to keep up with the Joneses. Paradigm Paralysis. Retailers are a cheap, conservative, monkey-see; monkey-do bunch. They like to do what they’ve always done. They know what works and they stick to it. And while many mouth the mobile mantra, very few invest the time or the money to properly test the waters. So while the tech guys predict success and the app coders crank out functionality, retailers, for the most part, sit on the sidelines waiting to see how well an outlier or a maverick does before they make a copycat move.
Is Social Listening Overrated? Social listening, once a new amazing vector into the public psyche, has become a standard tool for brands and online marketers. But it has yet to truly become the radar, the barometer or the Rorschach test of popular sentiment. Instead it’s a tool set in search of refinement and a new mission which includes the need to leverage machine learning and automate a labor intense process to yield deep insights into consumer attitudes, behavior or sensibilities. Ardath Albee asked recently if social listening is a waste of time by wondering about “the veracity of people’s behavior and their expressed sentiment.” Arguing, “we generally have no context to interpret why a person posts what they post, “ she hints that the dynamic act of posting and tweeting itself may have developed behaviors or conventions that obscure rather than illuminate the conversation. Today’s social listening tools scrape every piece of social data they can find and score sentiment based word proximity. Crude algorithms don’t fully account for idioms and dismiss popular slang. Most tools return bell curve results; small numbers of positive and negative sentiment and huge amounts of neutral (non-score able) sentiment. This becomes the starting point for human analysts digging into the posts, tweets, comments and chats to find out what’s really being said about brands. Many tools pretend to reveal key social media influencers. Most count the volume of posts or the number of friends or followers or both to designate individuals as “influencers.. But absent a consensus on counting or weighing volume, the data is meaningless. Volume and influence are two totally different concepts. The mouth reaching the most ears or blabbing more often may not be the most persuasive and visa versa. And since none of these tools can legitimately track downstream activity nor can they penetrate closed systems (e.g. Facebook) where influence is accumulated and wielded, it’s a misnomer. In this imperfect and evolving arena, there are 4 principle challenges for Social Listening 2.0. Bot or Not. We have to develop a methodology for identifying real people and counting them differently from spam bots. Idioms. English, and every other language, is loaded with slang words and idiomatic expressions. We need to build connected look-up tables of the most common idioms and words to get a better picture of sentiment. The database technology and the etymological compilations already exist. It will be interesting to see who mashes them up with existing tool sets first. Social Conventions. A sense of what is accepted and expected and clear no-nos are emerging in the social media world. When Facebook first took off there was considerable conversation about the etiquette of friending and un-friending. There are unarticulated givens about when and how its cool to post, tweet, share, retweet, shout out and criticize. We need to identify, articulate, validate and catalogue them and then study large numbers of conversations and topical threads to gauge the role of these beliefs and conventions in skewing our understanding of what’s being said. Some of this work has begun at MIT and among behavioral economists. Once we understand what these conventions are, we can see how they affect sentiment. We suspect there are a lot of reflexive responses and frequent pile-ons that might just be momentary reflexes not real or strong feelings. Similarly the desire to jump on a bandwagon that leads to social media momentum might be real emotion or just keeping up with or impressing your friends. We just can’t pick out instances of reflex activity from genuine popular movements, if such things really do exist. Personalities, the news cycle and current events frequently drive the conversation in ways that may or may not reflect real underlying sentiment and which, in some cases is ripe for manipulation. (Did anyone really care about Kim Kardashian’s bogus wedding?) Drawing a baseline on discrete issues and then calibrating subsequent conversations feels like the first way to understanding these phenomena. Defining Influence. Marketers prize individuals who truly influence the people around them. Most of us fantasize that if we can influence the influencers all our communications needs will be met efficiently and effectively. Trouble is, nobody can agree on the definition of an influencer that can be counted or measured by our social listening tool sets. Getting a working consensus hypothesis is step one. But it will require some thinking about reach by platform, volume across platforms, assessing sentiment, intensity of content, timing, relevance and virility over a fixed time frame. Its time for all of us...

Danny Flamberg

I am a veteran marketing consultant working with leading and emerging brands

The Typepad Team

Recent Comments