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	<title>IIMA &#187; Social Media</title>
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	<description>Thoughts on Internet Marketing</description>
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		<title>IMC Vancouver 2010: The Schedule</title>
		<link>http://www.iimaonline.org/imc-vancouver-2010-the-schedule/</link>
		<comments>http://www.iimaonline.org/imc-vancouver-2010-the-schedule/#comments</comments>
		<pubDate>Tue, 17 Aug 2010 16:51:36 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[IIMA]]></category>
		<category><![CDATA[SEO]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[e-Commerce]]></category>
		<category><![CDATA[IMC.]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[monetization]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Usability]]></category>

		<guid isPermaLink="false">http://www.iimaonline.org/?p=1493</guid>
		<description><![CDATA[Training Day Schedule – September 21st Training Day will consist of a minimum of 4 tracks: Social Media: covering the latest marketing strategies &#38; tactics to use Twitter, Facebook,LinkedIn, YouTube &#38; other Social Marketing media Mobile Marketing: how Mobile Marketing now integrates into Web Marketing, Print Marketing, Video Marketing and more. Applications will get a [...]]]></description>
			<content:encoded><![CDATA[<h3><strong>Training Day Schedule – September 21st</strong></h3>
<p>Training Day will consist of a minimum of 4 tracks:</p>
<ol>
<li>Social Media: covering the latest marketing strategies &amp; tactics to use Twitter, Facebook,LinkedIn, YouTube &amp; other Social Marketing media</li>
<li> Mobile Marketing: how Mobile Marketing now integrates into Web Marketing, Print Marketing, Video Marketing and more. Applications will get a lot of attention.</li>
<li> Search Marketing: is Google out of tune? Is Bing turning around into the preferred choice? The Search Marketing Training will cover all the latest trends from the world of search. For example, how to deal with Google’s preference of showing maps as results.</li>
<li> Analytics &amp; Optimization: from tracking to testing into creating the most effective landing pages. Tracking is standard, but are you using the data to test different alternatives? Are you effectively creating the most successful pages for your website marketing efforts?</li>
</ol>
<p><em>IMC will feature world-class trainers in all of the above topics. Trainers will be announced soon.</em></p>
<h3></h3>
<h3><strong>Conference Day Schedules – September 22nd-23rd</strong></h3>
<p>Both conference days will feature up to 4 tracks running simultaneously. We will also feature Keynotes from Guy Kawasaki, as well as from companies such as Facebook, Google, Twitter &amp; when all attendees are assembled into one room.</p>
<p>The 4 tracks will have the following themes &amp; topics:</p>
<p><strong>1. Content</strong></p>
<ul>
<li> Creating outstanding content; both text, images &amp; graphics as well as video</li>
<li>Writing for the web; learn from the masters on how to produce compelling copy</li>
<li>Taking beautiful pictures &amp; mastering video; what signifies great imagery on the web?Banners; how to produce the most effective banner ads</li>
<li>Text-ads; what signifies great copy-writing for short text ads?</li>
<li>Compelling Twitter-updates; how can you in 140 characters describe a situation best?</li>
<li>Linking; where to put links, how to put them on a page, and what to think of?</li>
</ul>
<p><em>And more to come!</em></p>
<p><strong>2. Traffic</strong><br />
Where do you get the most traffic from in 2010?</p>
<ul>
<li> Twitter:
<ul>
<li>Learning how to use your own Twitter business account for best traffic.</li>
<li>Understanding how you can leverage your networks Twitter traffic for your own benefit.</li>
<li> Followers, followers, followers; how many followers should you have? What distinguishes quality followers?</li>
</ul>
</li>
<li> Facebook:
<ul>
<li> Fan Pages, Get many who ’Like’ you, as well as News optimization</li>
<li> LinkedIn; learn how to use Q&amp;A, LinkedIn Groups, Network updates &amp; more</li>
</ul>
</li>
<li> Search Optimization; learn the latest optimization techniques for Google, Yahoo &amp; Bing</li>
<li> Search Marketing; understand how to get the most out of your Pay Per Click campaigns</li>
<li> Intelligent Banners; how do you create banners that are infomercials, not commercials?</li>
<li> Mobile traffic vs. “other traffic”; what is the difference?</li>
</ul>
<p><em>And more to come!</em></p>
<p><strong>3. Tools</strong></p>
<p>IMC&#8217;s popular tool track will feature the hottest &amp; coolest tools for:</p>
<ul>
<li> Content Management</li>
<li> Web Analytics</li>
<li> E-Commerce</li>
<li> SEO</li>
<li> Social Media Management</li>
<li> Network Updates</li>
<li> Application Marketing</li>
</ul>
<p><em>And much more! We anticipate over 20 tools to be showcased during the two conference days.</em></p>
<p><strong>4. Tying it all together</strong></p>
<p>At IMC Vancouver 2010, we will introduce a fourth track which focuses on cases &amp; ideas that combines Tools with Traffic, Content with Tools &amp; Traffic etc. This will be example from a wider range of Industries covering:</p>
<ul>
<li> E-Commerce</li>
<li> Travel</li>
<li> Business to Business</li>
<li> Lead Generation</li>
<li> Retail</li>
</ul>
<p>In Case Studies we&#8217;ve got for example Natalie Baudoin, Mountain Equipment Co-op’s Marketing Director confirmed as a presenter and she will be followed by up to 10 different case studies.</p>
<p>In total, over 75 speakers from a range of interesting backgrounds are expected to participate at IMC Vancouver 2010, making it the most exciting and informative IMC ever!</p>
<p>Get your tickets for <a href="http://www.iimaonline.org/event-details/?eid=55">IMC Vancouver 2010</a> now!</p>
<p><span style="color: #333399;"><strong><a href="http://www.iimaonline.org/event-details/?eid=55"><img class="alignnone size-full wp-image-1497" title="register" src="http://www.iimaonline.org/wp-content/uploads/2010/06/register.jpg" alt="register" width="89" height="27" /></a><br />
</strong></span></p>
]]></content:encoded>
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		<item>
		<title>Social Media – Managing Conversations</title>
		<link>http://www.iimaonline.org/social-media-managing-conversations/</link>
		<comments>http://www.iimaonline.org/social-media-managing-conversations/#comments</comments>
		<pubDate>Thu, 13 Aug 2009 07:29:53 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Search Engine Stratagies]]></category>
		<category><![CDATA[zappos]]></category>

		<guid isPermaLink="false">http://www.iimaonline.org/?p=622</guid>
		<description><![CDATA[SES San Jose 2009 Review: Social Media – Managing Conversations &#38; Reputations When the User is in Control Session By: Serena Hillman After being jammed into the small conference room for the Google session: Analytics &#38; Website Optmizer I quickly exited before it even got started. Instead I wondered into the Social Media presentation down [...]]]></description>
			<content:encoded><![CDATA[<p><strong><strong></p>
<div class="wp-caption alignnone" style="width: 220px"><strong><strong><img class="  " src="http://www.drinkthecoolaid.com/wp-content/uploads//brian-kalma-zappos.jpg" alt="Zappos Brian Kalma" width="210" height="291" /></strong></strong><p class="wp-caption-text">Zappos&#39; Brian Kalma</p></div>
<p>SES San Jose 2009 Review:</strong><br />
Social Media – Managing Conversations &amp; Reputations When the User is in Control Session<br />
</strong></p>
<p>By: Serena Hillman</p>
<p>After being jammed into the small conference room for the Google session: Analytics &amp; Website Optmizer I quickly exited before it even got started. Instead I wondered into the Social Media presentation down the hall. I was happy I did, as the session was full of great take-aways.</p>
<p>Dave Evan, VP of Digital Voodoo started off by giving us stats about peer trust being at about 30% while advertising trust was at about 10%. He mentioned these numbers have not changed over 30 years only that the internet is making this information now readily available. Dave also shared a graph illustrating that although older people are not participating in social media they are watching it.</p>
<p>Liana Evans focused on the need to create a strategy for your social media campaign and how to monitor and measure success. She has a great response to an attendee asked whether businesses afraid of negative press should stay away from social media: “the conversation goes on with or without you”.</p>
<p>Mike Volpe from Hubspot mentioned the following:</p>
<ul>
<li> Think like a publisher instead of an advertiser</li>
<li> Successful sites should receive about the same amount of traffic from search engines as social media sites</li>
<li> Define social media goals the same way you would for search</li>
<li> Search/Content/Social: you have to be doing all of them and they need to be working together</li>
</ul>
<p>The last presenter was Zappos’ Brian Kalma.  Brian did a great job of presenting specific examples of how they took a social media campaign to the next level. Adding, good culture and training are the keys to a successful social media campaign. <a href="http://twitter.zappos.com/employees">Zappo boosts over 400 employees as active Tweeters</a>.</p>
<p>Some other noteworthy concepts Brian mentions include:</p>
<ul>
<li>Customers want to engage when they want to</li>
<li>Nurture it, don’t plan it</li>
<li>Be smart, be real, talk</li>
<li>If they say something negative say something positive</li>
<li>Proceed with caution&#8211;sell but don’t oversell</li>
<li>Your culture is your voice</li>
<li>Leave clues&#8211;getting people wondering and waiting for your next piece of communication</li>
<li>Example of thinking outside the box: Zappos syndicate what people are saying about Van’s shoes on Twitter</li>
</ul>
<p>Other key take-aways from the panel:</p>
<ul>
<li>Abide by “Blogger Code of Ethics”</li>
<li>Do like Dell: identify you are &#8216;BobFromDell&#8217; on Twitter (be transparent)</li>
<li>Listen and learn what the customer wants</li>
<li>People will talk about your companies operational procedures not its marketing</li>
<li>Define and identify a strategy</li>
<li>Monitor (ex: Radian6)</li>
<li>Diversify with multiple sites because they could be gone tomorrow or become ineffective instantly</li>
</ul>
<p>*<a id="linkedin_badge_gen_0" style="padding-right: 16px; background-image: url(http://static.linkedin.com/img/icon/icon_company_insider_in_12x12.gif); background-repeat: no-repeat; background-position: right bottom;" href="http://www.linkedin.com/in/serenahillman">Serena Hillman</a> is an HCI professional who has worked in the web industry since 2003. Serena currently works as the Director of Marketing for ShowTimeTickets.com and is a graduate student at SFU studying mobile commerce as a part of the Connections Lab Research Group.</p>
]]></content:encoded>
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		<item>
		<title>Facebook Ads &#8211; Reaching Prospects Early</title>
		<link>http://www.iimaonline.org/facebook-ad/</link>
		<comments>http://www.iimaonline.org/facebook-ad/#comments</comments>
		<pubDate>Thu, 13 Aug 2009 07:21:54 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[PPC]]></category>
		<category><![CDATA[Search]]></category>
		<category><![CDATA[Twitter]]></category>

		<guid isPermaLink="false">http://www.iimaonline.org/?p=619</guid>
		<description><![CDATA[SES San Jose 2009 Review: Facebook Ads – Reaching Prospects Early in the Decision Making Process By: Serena Hillman My second session was presented by well-spoken Sarah Smith, Manager of Online Sales Operations at Facebook. The Stanford grad reviewed ways to increase CTR as well as some of the current features Facebook offers. She outlined [...]]]></description>
			<content:encoded><![CDATA[<p><strong>SES San Jose 2009 Review:<br />
Facebook Ads – Reaching Prospects Early in the Decision Making Process<br />
</strong></p>
<p>By: Serena Hillman</p>
<p>My second session was presented by well-spoken Sarah Smith, Manager of Online Sales Operations at Facebook. The Stanford grad reviewed ways to increase CTR as well as some of the current features Facebook offers.  She outlined how Facebook advertising is quite different than search engine advertising, citing it as “demand generation” (AKA the less sexy <a href="http://www.angelofernando.com/Interruption.htm">Interruption Marketing</a>).</p>
<p>Sarah mentioned that the “thumbs down” action, when engaged on your ad, will end up costing you more as Facebook is trying to deter you from placing non-productive ads. In the future Facebook is also looking to report the thumbs up and thumbs down stats on your dashboard. She also recommended refreshing ad creative more frequently as stats are showing a high rate of decay for ads that don’t.<br />
<span id="more-619"></span><br />
Here is what she suggests to increase CTR:</p>
<ul>
<li> Ask questions in the ad text</li>
<li> Avoid over capitalization</li>
<li> Include a strong call to action</li>
<li> Mention offer or discount code (using third party applications such as Wildfire)</li>
<li>Don&#8217;t use “%” as stats are showing adverse reactions</li>
<li> Get creative with your targeting (ex. don’t target users listing “conservative” political views but people who are interested in Sarah Palin)</li>
<li> CTR .05%-.04% is reaching the poor performance</li>
</ul>
<div class="wp-caption alignnone" style="width: 430px"><a href="http://www.serenasafemode.com/wp-content/uploads//facebook-slide.jpg"><strong><img class=" " src="http://www.serenasafemode.com/wp-content/uploads//facebook-slide.jpg" alt="Increase Facebook CTR Slide" width="420" height="292" /></strong></a><p class="wp-caption-text">Increase Facebook CTR Slide</p></div>
<p>I did ask Sarah if Facebook had plans for a real-time search based on non-friends statuses&#8211;I said non-friends because I couldn’t remember if Facebook has a friends status search or not&#8211;I just tried to find out on Facebook and I don’t think it does, pending me figuring out the usability&#8211;she unfortunately said she wasn’t part of &#8220;that development&#8221; and had no information.</p>
<p>The main reason I asked is because about a month ago one of my “friends” status vaguely mentioned the passing of a childhood acquaintance of ours. Needless to say I didn’t want to just ask the person as the topic was quite touchy and the “friend” was someone who I hadn’t talked to in over 10 years. At the time I really wanted to search all my friends status’ to get more info but didn’t know how to.</p>
<p>I also think if Facebook had real-time search it would be great way to introduce networking and like minded people, similar to what Twitter has done.</p>
<p>Oh well at least I didn’t ask her if Facebook plans to <a href="http://www.siliconvalley.com/security/ci_12852037?nclick_check=1">comply with the Canadian Privacy Investigation by Aug 17th</a>.</p>
<p>*<a id="linkedin_badge_gen_0" style="padding-right: 16px; background-image: url(http://static.linkedin.com/img/icon/icon_company_insider_in_12x12.gif); background-repeat: no-repeat; background-position: right bottom;" href="http://www.linkedin.com/in/serenahillman">Serena Hillman</a> is an HCI professional who has worked in the web industry since 2003. Serena currently works as the Director of Marketing for ShowTimeTickets.com and is a graduate student at SFU studying mobile commerce as a part of the Connections Lab Research Group.</p>
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		<item>
		<title>SES San Jose Review: Overview of Day 2</title>
		<link>http://www.iimaonline.org/search-engine-stratagies-review-day-2/</link>
		<comments>http://www.iimaonline.org/search-engine-stratagies-review-day-2/#comments</comments>
		<pubDate>Thu, 13 Aug 2009 06:54:52 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[SEO]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Search Engine Stratagies]]></category>

		<guid isPermaLink="false">http://www.iimaonline.org/?p=610</guid>
		<description><![CDATA[Let me start off by thanking the staff at SES San Jose 2009 for inviting me to cover the event. This was my second time I have attended the conference in San Jose and highly recommend it for anyone looking for an industry leading approach to learning or advancing their skills in internet marketing. For [...]]]></description>
			<content:encoded><![CDATA[<p>Let me start off by thanking the staff at SES San Jose 2009 for inviting me to cover the event. This was my second time I have attended the conference in San Jose and highly recommend it for anyone looking for an industry leading approach to learning or advancing their skills in internet marketing. For those of you not familiar with the 3 day conference here is some general info: <a href="http://www.searchenginestrategies.com">http://www.searchenginestrategies.com</a></p>
<p>I have broken each session review into separate blog posts for better flow:</p>
<ul>
<li> <a href="http://www.iimaonline.org/duplicate-content-multiple-site-issue/">Session 1: Duplicate Content &amp; Multiple Site Issues</a></li>
<li> <a href="http://www.iimaonline.org/facebook-ad/">Session 2: Facebook Ads &#8211; Reaching Prospects Early in the Decision Making Process</a></li>
<li> <a href="http://www.iimaonline.org/social-media-managing-conversations/">Session 3: Social Media &#8211; Managing Conversations &amp; Reputations When the User is in Control</a></li>
<li> Session 4: The BuyerShere Project (review coming soon)</li>
</ul>
<p><strong>Day 2 Highlights:</strong></p>
<ul>
<li> Marty Weintraub’s energetic presentation</li>
<li> Domino Pizza’s website (when I ordered my dinner)</li>
<li> Zappos’ Brian Kalma’s specific examples of their Social Media Campaign</li>
</ul>
<p><strong>Day 2 Letdowns:</strong></p>
<ul>
<li> The overcapacity room for the session: Google Analytics &amp; Website Optimizer: Secrets Revealed!</li>
<li> Lunch (overcooked hot dogs)</li>
<li> Paying for internet at the Hilton</li>
</ul>
<div id="attachment_728" class="wp-caption alignright" style="width: 218px"><img class="size-medium wp-image-728" title="nicholas-fox-google" src="http://www.serenasafemode.com/wp-content/uploads//nicholas-fox-google-208x300.jpg" alt="Keynote: Nicholas Fox, Google" width="208" height="300" /><p class="wp-caption-text">Keynote: Nicholas Fox, Google</p></div>
<p>*<a id="linkedin_badge_gen_0" style="padding-right: 16px; background-image: url(http://static.linkedin.com/img/icon/icon_company_insider_in_12x12.gif); background-repeat: no-repeat; background-position: right bottom;" href="http://www.linkedin.com/in/serenahillman">Serena Hillman</a> is an HCI professional who has worked in the web industry since 2003. Serena currently works as the Director of Marketing for ShowTimeTickets.com and is a graduate student at SFU studying mobile commerce as a part of the Connections Lab Research Group.</p>
]]></content:encoded>
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		<title>Search Engine Strategies San Jose 2009</title>
		<link>http://www.iimaonline.org/search-engine-strategies-san-jose-2009/</link>
		<comments>http://www.iimaonline.org/search-engine-strategies-san-jose-2009/#comments</comments>
		<pubDate>Tue, 11 Aug 2009 22:19:43 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[SEO]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Search]]></category>
		<category><![CDATA[Search Engine Stratagies]]></category>

		<guid isPermaLink="false">http://www.iimaonline.org/?p=598</guid>
		<description><![CDATA[By: Serena Hillman DrinkTheCoolaid.com I am about to board my flight to San Jose to attend SES&#8217;s San Jose Conference 2009. Check out my updates of the daily events at http://www.iimaonline.org/resources/blogs/. Day 2 agenda: http://www.searchenginestrategies.com/sanjose/agenda-day2.php Day 3 agenda: http://www.searchenginestrategies.com/sanjose/agenda-day3.php Feel free to shoot me a quick email (serena_hillman[at]hotmail[dot]com) if you want me attend and report [...]]]></description>
			<content:encoded><![CDATA[<p>By: Serena Hillman<br />
<a href="http://www.drinkthecoolaid.com">DrinkTheCoolaid.com</a></p>
<p><img class="alignright" src="http://www.searchenginestrategies.com/_imgs/ses09_logo.png" alt="" width="260" height="90" /></p>
<p>I am about to board my flight to San Jose to attend SES&#8217;s San Jose Conference 2009. Check out my updates of the daily events at <a href="http://www.iimaonline.org/resources/blogs/">http://www.iimaonline.org/resources/blogs/</a>.</p>
<p>Day 2 agenda:<a href="http://www.searchenginestrategies.com/sanjose/agenda-day2.php"></p>
<p>http://www.searchenginestrategies.com/sanjose/agenda-day2.php</a></p>
<p>Day 3 agenda:<a href="http://www.searchenginestrategies.com/sanjose/agenda-day3.php"></p>
<p>http://www.searchenginestrategies.com/sanjose/agenda-day3.php</a></p>
<p>Feel free to shoot me a quick email (serena_hillman[at]hotmail[dot]com) if you want me attend and report on any particular session and I will try the best I can!</p>
<p>*<a id="linkedin_badge_gen_0" style="padding-right: 16px; background-image: url(http://static.linkedin.com/img/icon/icon_company_insider_in_12x12.gif); background-repeat: no-repeat; background-position: right bottom;" href="http://www.linkedin.com/in/serenahillman">Serena Hillman</a> is an HCI professional who has worked in the web industry since 2003. Serena currently works as the Director of Marketing for ShowTimeTickets.com and is a graduate student at SFU studying mobile commerce as a part of the Connections Lab Research Group.</p>
]]></content:encoded>
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		<item>
		<title>The King of Real-Time Search</title>
		<link>http://www.iimaonline.org/the-king-of-real-time-search/</link>
		<comments>http://www.iimaonline.org/the-king-of-real-time-search/#comments</comments>
		<pubDate>Fri, 03 Jul 2009 19:12:35 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Facbook]]></category>
		<category><![CDATA[Search]]></category>
		<category><![CDATA[Twitter]]></category>

		<guid isPermaLink="false">http://iimaonline.org/?p=534</guid>
		<description><![CDATA[By: Serena Hillman DrinkTheCoolaid.com* When Michael Jackson died on June 25th, 2009, the majority of online users didn&#8217;t turn to Google to find the latest news, they went to the microblogging site Twitter. News of the tweets about Michael Jackson were announced in our office&#8211;via our appointed company tweeter&#8211;I then, much like the majority of [...]]]></description>
			<content:encoded><![CDATA[<p>By: Serena Hillman<br />
<a href="http://www.drinkthecoolaid.com">DrinkTheCoolaid.com</a>*</p>
<p>When Michael Jackson died on June 25th, 2009, the majority of online users didn&#8217;t turn to Google to find the latest news, they went to the microblogging site Twitter.</p>
<p>News of the tweets about Michael Jackson were announced in our office&#8211;via our appointed company tweeter&#8211;I then, much like the majority of my co-workers, went immediately to Facebook to update my status, specifically to &#8220;Jackson 4 :&#8217;( &#8220;.</p>
<p style="text-align: left;">But where did the rest of the online world go to learn and interact about Michael Jackson&#8217;s death? Here&#8217;s how the big guys stacked up, assuming everyone&#8217;s <a href="http://www.telegraph.co.uk/scienceandtechnology/technology/5649500/How-did-Michael-Jacksons-death-affect-the-internets-performance.html">downtime</a> was about equal:</p>
<p style="text-align: left;">(<a href="http://drinkthecoolaid.com/wp-content/uploads//mj-clearspring.gif">Click to Enlarge</a>)</p>
<div id="attachment_567" class="wp-caption aligncenter" style="width: 379px"><a href="http://drinkthecoolaid.com/wp-content/uploads//mj-clearspring.gif"><img class="size-full wp-image-567 " title="mj-clearspring1" src="http://drinkthecoolaid.com/wp-content/uploads//mj-clearspring1.gif" alt="mj-clearspring1" width="369" height="252" /></a><p class="wp-caption-text">Source: http://mashable.com/2009/06/26/michael-jackson-web-impact/</p></div>
<p>It seems our micro-network was a decent representation of all online traffic that day. We heard it from Twitter then engaged with our friends on Facebook.</p>
<p>But what about Google? <a href="http://www.searchenginejournal.com/michael-jackson-dead-twitter-and-facebook-report-death-before-major-news-media/11386/">Search Engine Journal reported</a> on the 25th, &#8220;Google is showing only ONE headline in its Google News Universal Search Onebox about the rumored passing of Jackson, with others about his jewelry and one about Lou Ferigno training Mr. Jackson. &#8221;</p>
<p>With Twitter&#8217;s future plans to expand its searching capabilities beyond its own nest by crawling the actual links in the tweets, one has to ask herself is this really a Twitter exit strategy <a href="http://www.webpronews.com/topnews/2009/05/07/twitter-to-search-the-web-in-real-time">like experts have suggested</a>, or did MJ&#8217;s death really just prove Twitter can go the distance?</p>
<p>Even <a href="http://en.wikipedia.org/wiki/Steven_Berlin_Johnson">Steven Johnson</a>&#8216;s article in Time Magazine this month seemed to downplay where Twitter will end up &#8220;three to four years from now&#8221; :</p>
<blockquote><p>Social networks are notoriously vulnerable to the fickle tastes of teens and 20-somethings (remember Friendster?), so it&#8217;s entirely possible that three or four years from now, we&#8217;ll have moved on to some Twitter successor.<br />
(http://www.time.com/time/business/article/0,8599,1902604-3,00.html 4th paragraph)</p></blockquote>
<p>(also see: <span style="text-decoration: underline;">http://www.emarketer.com/Article.aspx?R=1007138</span>)</p>
<p>The dawn of real-time search belonging to Twitter might just be upon us. Quite simply Twitter&#8217;s brand recognition coupled with its real innovative approach is reaching a level where owning a niche of the search market is nowhere near out of the question, it might even be the current reality. Twitter has been able to create a level playing field for all users to shape search, where-as Google simply cannot find a way to do they same. Google&#8217;s major vulnerability is what their very brand is based on&#8211;<strong>they</strong> want to organize the world&#8217;s information. If Google continues down this road a robot quite simply will not be able to keep up with 1.6 billion people online and counting (http://www.worldometers.info/).</p>
<blockquote><p>It is a fact that in the right formation, the lifting power of many wings can achieve twice the distance of any bird flying alone. (Milton Olsen)</p></blockquote>
<p>*<a id="linkedin_badge_gen_0" style="padding-right: 16px; background-image: url(http://static.linkedin.com/img/icon/icon_company_insider_in_12x12.gif); background-repeat: no-repeat; background-position: right bottom;" href="http://www.linkedin.com/in/serenahillman">Serena Hillman</a> is an HCI professional who has worked in the web industry since 2003. Serena currently works as the Director of Marketing for ShowTimeTickets.com and is a graduate student at SFU studying mobile commerce as a part of the Connections Lab Research Group.</p>
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		<title>The Panic to Monetize Social Media</title>
		<link>http://www.iimaonline.org/the-panic-to-monitize-social-media/</link>
		<comments>http://www.iimaonline.org/the-panic-to-monitize-social-media/#comments</comments>
		<pubDate>Fri, 05 Jun 2009 18:37:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[monetization]]></category>

		<guid isPermaLink="false">http://iima.engineanalog.com/?p=117</guid>
		<description><![CDATA[By: Serena Hillman DrinkTheCoolaid.com* While on the hunt to find ways to add to my company&#8217;s profile on LinkedIn I noticed a new link in the top right hand corner: &#8220;Interested in a premium account profile?&#8221;&#8211;why I might just be. After scanning a few &#8220;quick PDF&#8217;s&#8221; on what the premium account is I was confused [...]]]></description>
			<content:encoded><![CDATA[<p>By: Serena Hillman<br />
<a href="http://www.drinkthecoolaid.com">DrinkTheCoolaid.com</a>*</p>
<p>While on the hunt to find ways to add to my company&#8217;s profile on LinkedIn I noticed a new link in the top right hand corner:  &#8220;Interested in a premium account profile?&#8221;&#8211;why I might just be. After scanning a few &#8220;quick PDF&#8217;s&#8221; on what the premium account is I was confused more then ever, so I just filled out the lovely AJAX form and waited for someone to contact me.</p>
<p>&#8230;one hour later&#8230;</p>
<div id="attachment_398" class="wp-caption aligncenter" style="width: 222px"><img class="size-full wp-image-398" title="re-tweet" src="http://drinkthecoolaid.com/wp-content/uploads//re-tweet.png" alt="Full Scale Re-Tweet" width="212" height="310" /><p class="wp-caption-text">Full Scale Re-Tweet</p></div>
<p>I got a call from a LinkedIn sales representative. The very nice lady explained to me the premium company pages start at $25,000. Holy Crap.  I still don&#8217;t know what Premium Profile means but it better include a solid gold membership plaque!  The way it sounded they didn&#8217;t really know what it was either. Instead, it was more like tell-us-what-you-want-and-we-can-do-it-for-a-price; a.k.a. they have no clue what they are selling but they know they need to change their business model quickly to start paying for hosting everyone&#8217;s crap.</p>
<p>With the following stats floating around the internet it is no wonder Social Media Grade-A sites like LinkedIn are suddenly introducing new features with expensive price tags.</p>
<blockquote><p>The social network (Facebook) is running up a huge tab to store and serve up all the photos, videos and other junk you stuff into your profile. Ad rates on its network are terribly low, the company doesn&#8217;t make a profit and it hasn&#8217;t shed any light on how it will make good on investments that valued the company at $15-billion (excerpt: <a href="http://www.nationalpost.com/story.html?id=1513261" target="_blank">Everybody&#8217;s surfing. No one&#8217;s paying</a>).</p></blockquote>
<p>The problem with Social Media monetization is that companies generally flock to the web because of its perceived low-cost to market goods or services&#8211;not to necessarily engage their customers or enhance the customer/company relationship.</p>
<p>Generally speaking, I would say the only exception to this rule is large companies with a well established online presence and a desperate need to partner with a hip young 2.0 website to show they are not dinosaurs. (LinkedIn should really just call  HP or Microsoft).</p>
<p>Case in point: <a href="http://venturebeat.com/2008/10/15/eventful-nabs-a-strategic-investment-and-ticketmaster-partnership/">TicketMaster and Eventful</a>&#8230; why the partnership? Well it&#8217;s not because Eventful is going to be adding to their bottom line. Eventful is not even profitable; it is simply because they don&#8217;t know how to enter the 2.0 Webspace and it scares them so they bought a website to fill their need.</p>
<p>Eventful CEO Jordan Glazier on the company&#8217;s Finances:</p>
<blockquote><p>Glazier was to reluctant to provide any concrete financial information, other than the already public funding figures, but he says that the team is working extremely hard to drive revenue and turn profitable by Q4 of 2009 (excerpt: http://www.startupsd.net/spotlight/post/eventful-demanding-attention-and-seeking-profitability second to last paragraph).</p></blockquote>
<p>The race to monetize social media has begun. In fact, I don&#8217;t even think it is a race, more like a pure panic to stay alive. No longer can Silicon Valley support projects designed for the advancement of the world. They have to come up with a real old school business plan and fast. I know I know, the majority of social media enthusiasts will be up in arms: &#8220;that is not what it is about, it is about creating portals of information and advancing knowledge and communication for the greater good of the world!&#8221; Welcome to the real world hippies&#8211;you need money (jk).</p>
<blockquote><p>Google will lose $470-million (all figures US) on the video-sharing site (YouTube) this year alone&#8230; The <em>Boston Globe</em>, which is on track to lose $85-million in 2009, is five times more profitable&#8211;or, rather, less unprofitable&#8211;than YouTube (excerpt: <a href="http://www.nationalpost.com/story.html?id=1513261" target="_blank">Everybody&#8217;s surfing. No one&#8217;s paying</a>).</p></blockquote>
<p>The only company with what seems to be a real plan is&#8211;surprise surprise&#8211;Google. They seem to have recognized that the only way to get out of the 2.0 financial mess is to put their blinders on and keep moving forward.  Analysts estimate Google pays about $360 Million dollars a year on bandwidth. They obviously couldn&#8217;t just ignore web 2.0 if they still want to be a dominating force in the future. Granted YouTube was probably not the right direction, but kudos to them for recognizing their biggest threat is not MSN or Yahoo but human generated content sites. No one will trust a robots algorithms over real human feedback. Most people are not even aware what it takes to place high on Google&#8217;s rankings, and just assume that SERP is just advertising.  Human generated content will always provide better results than any robot ever could.</p>
<p>But what would happen if Googlebot and human generated content combined forces? Then you would get Google Search Wiki! Yes that&#8217;s right, its a search engine, its a wiki, it&#8217;s Google Search Wiki! Users can add comments/content to search results and Google can use the data however they see fit, humanizing the result. This is the way Google needs to innovate.  I look forward to seeing the monster grow and develop in this <span style="text-decoration: line-through;">new</span> organic direction.</p>
<p>*Serena has been involved within the web industry since 2003 and specializes in Organic Search. She is currently employed as the Director of Marketing and Web Development for ShowTimeTickets.com. Prior to Serena&#8217;s career she earned her Bachelors and Masters Degree in Interactive Communications from Quinnipiac University.</p>
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