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August 8, 2011

Social Media Revolutions

In a recent post I discussed how Social Media has become an important marketing tool that is often missed or off limits to most product marketers in larger companies. Using them correctly, I believe can increase customer engagement and simplify product positioning.

Over recent months we have seen the power of social media to command people's attention and to motivate them to take part and be involved in activities. Many of these activities were previously well out side their normal comfort zone and in many cases caused them to endanger their lives. I am, of course referring to the Arab Spring and to a lesser extent to the on going Israeli Summer.

In the Arab Spring regimes were overthrown, or revolutions brutally suppressed. In the Israeli Summer on the other hand, we have mass demonstrations that are calling for a new social agenda and consumer price reform.

Both of these phenomena illustrate the power of social media – because they are both being organised and facilitated using combinations of Facebook, Twitter and other media.

The power of social media was discussed (and this year's revolutions foretold) by Clay Shirky in his book “Here Comes Everybody” (Penguin – 2008). To quote the back of the book “The next revolution will not be televised – it will be emailed, texted, blogged, wikied...”

Shirky discusses different case studies - from arrests for mass ice-cream eating in Minsk, to previous unrest in Cairo, to social stunts in Macy's store in New York, to protests against the attempt to hide abuse cases, and to commercial demonstrations against banks and airlines forcing them to reverse unfair commercial decisions. Shirky makes the point that social conversation and interaction follow a power law distribution from small groups with tight conversation, larger groups with loose conversation and then much larger groups that broadcast.

Shirky's message is that groups can organise themselves to collaborate on issues that they believe in or find sufficiently engaging. The critical element is the ability to share information and to coordinate and self organise at very low (negligible) cost – the enablers are social media tools. Speed is also of importance, it is hard to organise a large group of people using meetings, letters in the post etc. – sure it has been done but immediacy makes it so much easier.

The book discusses two almost identical protests a decade apart – the second of which achieved its aims, whilst the first did not. The conclusion reached is that (to a large extent) the availability of social media in the second was the key factor.

So the key advantages of social media are the ability to communicate with a large group of people, for the group to share information and to coordinate and organise very quickly all at almost zero cost. I would add that social media is still considered engaging and cool; and that in itself prompts people to take notice of a message that would be ignored if it were to be delivered by conventional means.

I am not arguing that on any given Wednesday afternoon product marketers or managers can start a worldwide revolution! I am, however, arguing that social media is extremely valuable to us. Consider the characteristics – immediate, low cost, information sharing, collaboration, engagement – these are the holy grails of product communication.

Using social media to interact with our customers we keep them involved, we can communicate messages when we want to without special effort, we engage them and allow them to share information with us that in turn help us to be more responsive to their needs and to better meet their expectations. This applies whether we have a business offering or a consumer offering. In a B2B situation we can help our customers succeed better at their job by sharing information about our product and our industry and it is easy to see how consumer products benefit from this interaction.

One of the apparent risks is that the competition will also join our group. This is true, but, then we have to share information prudently. We accept that every time we update the website, publish a white paper or interact with a customer then we have shared a secret with the public. In the meantime we have built the group chemistry around our product. Customers may share criticism of our product, but, surely they will do so anyway and it is better to hear about it and respond to it quickly (add an update to the next release and tell the world when it will be available.) Feedback is to our advantage, conversation drives our prestige.

The other idea that comes out of Shirky's work is that Social Media provides an easy tool for dissatisfied customers to organise and apply immense pressure on the organisation – it is much better that we also use the tools for our advantage.

Social Media is a low cost (mainly our time) way to regularly engage with our customers, to gain feedback, to help to shape our industry and to share information immediately.

It is hard to build a successful Social Media community – you need to choose the media (Facebook, Twitter, blog, wiki, special community etc.), to get people signed up and to start talking with the customers. Different businesses will use different tactics.
By definition when we have a group we have conversation – conversation about our industry but mainly about our product. The conversation makes our entire approach, customer centric and drives our product decisions.

Whatever tactic we employ I believe we can all start our own small product revolutions and engage with our customers in a more meaningful way.



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