Monday, October 14, 2013

Paid media's role in the evolution of social marketing

Google's "shared endorsements" to feature user info, reviews | Facebook pays $100M to buy Israeli tech company | 360i chief: Real-time marketing is a broader battle cry
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October 14, 2013
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Google's "shared endorsements" to feature user info, reviews
Google will place user names, photos and reviews in a new set of "shared endorsement" ads without asking or notifying the user beforehand, according to a privacy-policy update. Applications that require Google accounts for log-in may also share activities in Google ads. Users are given an opt-out option, but the possibility for "commercial endorsement without consent" raises legal issues, said Marc Rotenberg of the Electronic Privacy Information Center. The Wall Street Journal (tiered subscription model) (10/11)
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Cloud Computing 101: It's a Brave New Virtual World
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Facebook pays $100M to buy Israeli tech company
Facebook has purchased Onavo, an Israeli data-compression and mobile-analytics company, for more than $100 million. The move will give Facebook a research base in Israel, and is expected to help its mobile expansion. "We expect Onavo's data compression technology to play a central role in our mission to connect more people to the Internet, and their analytic tools will help us provide better, more efficient mobile products," an unidentified Facebook spokesman said. The New York Times (tiered subscription model)/Bits blog (10/14), Ha'aretz (Tel Aviv, Israel) (10/14)
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It's time to give your technology a performance review
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360i chief: Real-time marketing is a broader battle cry
Oreo's "Dunk in the Dark" set the real-time marketing revolution in motion, and the strategy behind it reveals an industrywide need to revamp planning, process and practice, writes Bryan Wiener, CEO of Oreo agency 360i. Off-the-cuff moments require strategic planning to determine what will be viewed as authentic, and marketers must have a clear approval process for what real-time efforts can include. "[W]e need to move the conversation from whether we should be tweeting in real time to a more profound evaluation of whether we are moving fast enough as an industry to stay relevant to our customers," writes Wiener. Advertising Age (free access for SmartBrief readers) (10/14)
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Starbucks' push to end federal shutdown has heavy social element
Starbucks is promoting its #ComeTogether campaign to end the federal government shutdown with an aggressive social media campaign, including an Instagram video featuring CEO Howard Schultz asking customers to sign a petition calling for a resolution. The video has so far garnered tens of thousands of "likes" on Facebook and Instagram. Adweek (10/11)
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Could Your POS Generate More ROI?
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Many in college admissions shy away from social media scrutiny
About a third of college admissions officers say they check applicants' social media profiles while weighing their applications. That's up from about 20% in 2011, although many admissions officers still say they see social media scrutiny as a bridge too far. "That's their private space," said Richard Shaw, dean of admissions at Stanford University. "I just think it's the wrong thing to do." San Francisco Chronicle (free content) (10/13)
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Leading Through Connections: Insights from the Global Chief Executive Officer Study
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Paid media's role in the evolution of social marketing
Social media marketing now requires paid media to help move users from managed communities to active social consumers, writes Marko Muellner, vice president of marketing at ShopIgniter. Social media used to mean amassing followers and fans, but companies must now help them move down the sales funnel. "Organic posting, even if you have millions of fans, just won't drive business outcomes at scale, and ultimately, this is what CMOs demand," Muellner writes. SmartBrief/SmartBlog on Social Media (10/14)
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Whitepaper: 12 Tips for Better Cash-Flow Management
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Social Shareable
Angry crickets fight it out in China
About two dozen Chinese teams gathered recently for the National Cricket Fighting Championships, a tournament that features pairs of crickets sparring in a shoebox-sized ring. The sport, which dates back more than 1,000 years, has an enthusiastic following. "I admire their positive spirit," says cricket-fighting aficionado Man Zhiguo. "They never admit defeat." Reuters (10/11)
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SmartQuote
Imagine every ad we were to see had some kind of endorsement associated with it. It would lose its effectiveness and start to get overbearing."
-- David Cohen, chief media officer at UM, as quoted by The Wall Street Journal
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 Andy Sernovitz, Editor at Large
Andy Sernovitz is the New York Times best-selling author of "Word of Mouth Marketing: How Smart Companies Get People Talking" and the blog "Damn, I Wish I'd Thought of That!" He runs WordofMouth.org, where marketers and entrepreneurs learn to be great at word of mouth marketing, and SocialMedia.org, the community for social media leaders at the world's greatest brands.
 
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