Adaptive Marketing. How not to go the Dodo way, Part 1.

November 5th, 2009 • 7 comments Intelligence, Reports, Social Business, Strategy
Tags: Adaptation Marketing, Business, Forrester, Future, Ideas, Intelligence, Reports, Social Business Design, Social Influence Marketing, speed, Strategy, Trends, World

Forrester has just published an article called “Adaptive Brand Marketing: Rethinking Your Approach to Branding in the Digital Age”. This article comes up with a couple of thoughts which aren’t completely new but leave you thinking. Agility and adaption are defined here as preconditions for brands to survive. Not new, you think? I think it is new in a certain way…simply because it left me with a couple of questions (which I try to discuss in the second part of this article, next weekend).

It’s good to have clever buddies. One of them is Johannes, my colleague who regularly sends me the articles I miss to read and starts a good discussion about it, usually. I had read a good post by BBH labs about a Forrester article which wasn’t even published at that time. But I missed the original Forrester report. Johannes made me read it (thanks again). And I recommend it as well now. Key question of the report: How do organizations respond to an even faster world in which they struggle to survive?

The challenges of speed and dynamics were always hard to put into a model for our social web driven world. All too often we focus on a different question as marketers: How do we respond to customers at all (not even really focusing on the real-time aspect of our digital world)? The question on how we hold conversations at all took our full attention away from its inlying dynamics and what it does to companies. But it’s crucial.

Think of the Dodo. A flightless bird endemic to the Indian Ocean island of Mauritius. Related to pigeons and doves, it stood about a meter tall, weighing about 20 kilograms , living on fruit and nesting on the ground.

The dodo has been extinct since the mid-to-late 17th century. It is commonly used as the archetype of an extinct species because its extinction occurred during recorded human history, and was directly attributable to human activity, hence the phrase “going the way of the Dodos.” (thx to Wikipedia). The Dodo and his ancestors were intelligent enough to survive for millions of years. But as his environment (well, humans came) changed he could not adapt fast enough. And this is a perfect example to introduce the topic I actually wanted to write about: Adaptation. Because evolution is a process that rewards the organism most capable to adapt to new environments, not the biggest or most intelligent. It’s an opportunistic and fast system…for the Dodo as well as for brands.

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Social Media Intelligence. We sell or else.

September 22nd, 2009 • 6 comments Intelligence
Tags: Analytics, Business, Diagram, Intelligence, Monitoring, Prediction, Strategy, Trends, World

Something’s happening out there in the outer social space. And while me, my coworkers and many, many others still try to explain Social Media Monitoring to  clients, a couple of interesting questions were recently raised by a couple of intelligent people. One of them was Bud Caddell who criticized the idea of sentiment analysis. His criticism revolves around the fact that monitoring tools which are based on semantic analysis do most often offer quick overview diagrams which say something like “62% of all users in the social web like your product” (or similar).

Bud argues:

Here is what I think: sentiment analysis won’t ever be enough, and not because of sarcasm or industry specific slang, but because we are measuring the WRONG thing. It’s about the effect, not the content of the message.

I basically agree. We are making the same mistakes again. The same mistakes that were made by the marketing industry for ages by setting up big surveys which anticipate answers we have to give in case we fail. No doubt, only few human beings want to fail. But there is a difference between a survey and the right action afterwards. According to ABC News/Washington Post polls 75% of all Americans approved Bush’s handling of the situation in Iraq when the war started in 2003. According to this sentiment analysis Bush’s decision was completely justified.

Do you understand what I mean? There is a deeper problem.

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