Like any data, value is derived from use. There’s a rich vein of opportunity, but it requires a shift in mindset and some creative thinking. Are you willing and able to spend the time to build the relationships – or do you just want more effective advertising? Influence Vendors Here’s an overview of the types of vendors in this space, though with the current speed of progress this post is certain to be obsolete by the time you read it. If you are a vendor, please send me your creds and I’ll add you to the list. 1. Method: Analyze & Rank Blogs What brands get: List of most influential blogs in your category and in the case of BuzzLogic, a solution for targeting blog readers via advertising Easy win: Increase advertising effectiveness Vendor example: BuzzLogic, Nielson BuzzMetrics Blogpulse
2. Method: Analyze & Rank Social Network Relationships What brands get: target social ads to friends of brand fans Easy win: increased advertising effectiveness Vendor Example: SocialMedia.com
3. Method: Analyze & Rank Email Database What brands get: Rich customer data based on social network influence and observed behaviors Easy win: More effective CRM programs Vendor Example: Popular Media
4. Method: Analyze and Report Names of Influentials, based on phone surveys of community What brands get: names of individuals cited most influential on buying decision within a community, for a given topic. Easy win: More effective direct sales program Tagged as: personal, social web
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