Thursday 20 November 2008

Simon is considering his Social Media status

I’ve been doing a lot of work with Social Media of late and unsurprisingly everybody’s first point of reference if Facebook. It seems to take a bit of effort to get clients to think bigger than Facebook sometimes and it can be even trickier getting them to realise what they can actually do with the network itself.

We were discussing this for a client this week saying how great it would be if rather than simply creating a fan group we could get everybody to change their status to show that they were taking part in our promotion. Something like Alison Christie is loving the TNCC Mini-Movie Maker right now.

Whilst I really liked the sound of this I’ll own up to not really ‘getting’ the whole status update thingy. Anda Goddard is looking forward to buying a fish. Keith Halifax is sore from football. Simon Gregory is probably skiving work right now. Thanks for letting me that your life is more eventful than mine.

Then I came across a decent post by Grant McKracken on “Exhaust Data” (the posh term for status updates). He suggested that these updates act as phatic messages (where the function is to perform a social task rather than overtly carry a message) carrying a message in their own right:

"A 'newsflash' about my cat helps keep the network node called Grant McCracken from blinking out... But this is not just news that I am extant, but that I am, as much as this is ever true, emotionally and intellectually active."

A status update acts as a consistent reminder that I’m here, you’re here, we’re both OK, our network’s OK, and we can communicate whenever we want. Nice way to look at it. Rather strangely this reminded me of a random stat about marketing spend and return on capital during a recession.

PIMS International conducted a piece of research on ad spend during a recession looking at the resultant returns and market share when an economy starts to recover. Based on a wide range of companies they came to the following conclusions:





The argument that you’re better off spending during a recession is old ground, but the effects of maintaining spend were surprising. 3% Return On Capital Employed and 1% increase in Market Share during a dodgy period is pretty good! Is this the equivalent of maintaining your status update?

Is maintaining marketing presence a brand’s equivalent to us updating our status? We know that consumer confidence is vital during a recession so can, and is it important for, brands to send out similar phatic messages? We’re still here, we’re both OK, we’re still talking, we’re here when you need us, everything’s all good?

Simon Gregory is unsure what this means for the Social Media presentations he’s working on.