Remember What You Used to Think About Social Media?

"It isn't about making content go viral—though that would be a wonderful byproduct, should it happen—or creating the next great Facebook application," Kinports says. "It's about structuring, and in some cases restructuring, how a business views and interacts with its customer base. The modern consumer is savvy, aware, and fully able to make informed decisions, thanks to a wealth of information freely available on the Internet. The consumer of the near future will make purchase decisions based on information gleaned from unbiased peers and influencers. Social media is the latest tool through which these interactions occur."
SOURCE: Bloomberg-Businessweek, May 26, 2009 (click here for the full article)

Sometimes it's useful to look back and remember what we were all saying about social media and the future of advertising. I was reminded of an article I co-authored in early 2009 that eventually made it's way to Bloomberg-Businessweek.

Here's an inspiring TEDx video from David Armano covering his current views on the topic:



We should all remember what made social media such a buzz word in the first place and why many marketers lost their way. Sometimes to move forward you really do have to look back. What did you used to think about social media and the future of advertising?

Nick Kinports (follow him on Twitter @ADMAVEN) has worked in the interactive technology world for over 15 years, and helps the Fortune 100 identify unmet consumer needs, create ideas to fill those needs, and bring them into market. He currently works at Maddock Douglas.

Social Business Design and The Future Of Advertising

The folks at Dachis are abuzz today with a more detailed series of articles on social business design:

David Armano
Peter Kim
Jevon MacDonald
Kate Niederhoffer

The gist of the content is a vision of transformation from the way we view business communications today to the not too distant future where everyone is connected at every level; be they client, vendor, or CEO.

An inspiring thought to be sure - but what does it mean for advertising and the way our industry has (d)evolved over the last ten years?

Social business design - the way Dachis presents it - is something that needs to be taken on at the CEO/Board of Directors level for any large company. They aren't talking about selling in to CMOs, marketing directors, and other interested parties. These products will undoubtedly be designed to change the fundamental operating function of any company choosing to engage it, and to me that means a big uphill battle for Dachis.

Can they do it? The talent is certainly A-list, and we have not heard about the details of their plan. Creating a game changing consultancy model is certainly ambitious - how do you think social business design will transform the next 10 years of advertising?

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Being Peter Kim: Social Media Predictions 2009

Nicholas Kinports (follow him on Twitter @ADMAVEN) has worked in the interactive technology world for over 15 years. He is the Digital Strategy Lead and founder of Chicago-based digital marketing firm lonelybrand, where he directs the creation and execution of digital marketing programs that generate measurable signups, conversions and sales.

Peter Kim has - with the help of many social media thought leaders - assembled a fantastic array of 2009 predictions on his blog.

Click the link for the full document; excerpts selected by Peter Kim below:

Fourteen great minds on social media have shared thoughts on what 2009 may have in store for us. Here's some of what they're thinking:

• "Although it is now cheaper to launch an initiative leveraging Web 2.0 technology - it requires qualified and passionate people to make them successful." - David Armano
• "You may not always start the year as a leader, but you can certainly finish it that way." - Rohit Bhargava
• "Intimacy touches emotion; emotion powers conversation." - Pete Blackshaw
• "Doors are going to close all over the social web. Why? Because the money didn't come the way people thought it would." - Chris Brogan
• "The tipping point has not only *not* been reached, but could still tilt *away* from Social Media." - Todd Defren
• "There's a lot of fixing that needs to be done." - Jason Falls
• "Dwindling budgets suddenly make low-cost social media look like the pretty girl at the ball." - Ann Handley
• "We're going to develop a set of better metrics to help guide, direct and validate 'commitment'." - Joseph Jaffe
• "The movement is rooted in a desire to have quality, not quantity, as people cocoon in the face of the economic crisis." - Charlene Li
• "After a pre-qualifying wrestling match..." - Ben McConnell
• "These will be cumulative events and interactions that will build brand loyalty for the companies that pay attention to them." - Scott Monty
• "The recession will force revenue results out of social technologies." - Jeremiah Owyang
• "Companies that focus on earning love will thrive during hard times, and kick ass when good times return." - Andy Sernovitz
• "Suddenly, being Facebook friends with your mom will seem less ridiculous than following 4,000 strangers on Twitter." - Greg Verdino
  

Personal Branding, David Armano, Critical Mass

From Chicago Convergence:

Watch Personal Branding, David Armano, Critical Mass in News Online, Webisodes, and Game Videos | View More Free Videos Online at Veoh.com