Tuesday, December 16, 2008

Does your brand have a social life?

An equally gung-ho-about-2.0 friend sent me this from mad.co.uk. I didn't have the time to read it until just now and absolutely have to share as it's right up the alley of some projects I'm currently considering working on. It's amazing how things just turn up at your doorstep when you have faith :)

--- start ---

Yann Motte, CEO of Webjam, discusses the part social networks can play in online branding.

Online branding has come a long way since the days when simply having a corporate website was seen as the cutting-edge. With the majority of purchasing decisions now being made online and an increasing number of online retailers, a unique brand web-presence and reputation will only become more essential. It is now common practice for brands to allow consumers to comment on them through blogs and forums and many brands also encourage consumers to share and remix brand content online through social networking sites. Yet, branding through social networks has still not matured into its full potential.

Branding through social networking appears deceptively simple, but is notoriously hard to execute. Not only are consumers extremely fickle about the information they will consent to pass on, but it is also increasingly difficult to be heard in our modern media-saturated environment. Yet, there can be no doubt that social networking can provide a powerful forum for brand building, since the influence of friend recommendations on purchasing decisions is well known. Additionally, social networking is fast becoming the conduit of choice for disseminating information very quickly, by making it easy to spread the word virally to “friends”. Add the ability to reach massive audiences (about whom you can access a lot of demographic and behavioural information) and you have a marketer’s dream. That being said, the interaction is very superficial at present. Brands need to go further in exploiting the potential to engage with their prospective followers that social media presents.

The popularity of the most well-known social networks, such as Facebook and MySpace, meant that they were often the first port of call for companies trying to build their brands through this new medium. However, marketers are now beginning to realise that the creation of a brand profile on these sites does not really achieve anything, since there can be no one to one relationship between a brand and a consumer. Simply having Nestle as a “friend” is unlikely to alter a consumer’s purchasing decisions. These brand “pages” have become little more than adverts embedded in social networking sites.

Brands need to encourage consumer interactivity in order to spread information about themselves across social networks. The future belongs to brands that will not only engage with their consumers but also empower them to create their own discussions on communities that they themselves manage. Consumers will soon be able to repackage the brand in their own words, which they are doing on some forums already, through reviews and recommendations. Brands may soon create their own social communities, with a goal more akin to social publishing than social networking. Social publishing refers to communities of consumers, who are drawn together online to form a community around a brand, a company or an organisation. Although a brand cannot communicate with individual consumers, these communities of consumers can connect and build relationships amongst themselves. These consumers can then collaborate on their own projects, inspired by their favourite brand or organisation - a shared passion for anything from Nike clothing to helping the NSPCC stop child abuse.

Social publishing allows consumer communities to cooperate across a wide variety of content such as blogs, forums, galleries, videos and polls. Through user generated content (UGC), social networking and shared editing of web-pages, consumers with similar interests can now collaborate on a common goal. Additionally, consumers should be able to talk to each other freely and not have the brand as the hub for all communications. However, brands may well choose to support community projects, such as sponsoring events or organising competitions.

Yet, the holy grail for most organisations is to build a character around their brand values that transcends what the product or service itself provides – to move from being a simple purchasing choice to a lifestyle statement. By allowing affinities between personalities to evolve toward affinities with a brand, social networks are a place where marketers can let brand personality blossom. If a brand has succeeded in communicating about its values, then it is normal that users start talking about those values rather than the product itself. For example, if Lucozade values sporting performance, then that is the type of discussions the brand should foster between
its users.

Within a brand network consumers can exchange tips, ideas and opinions not only about the product or service, but also about what the brand means to them or helps them achieve. It is through such networks that online branding will really come into its own.

(underline mine)
--- end ---

Brands on social network need constant and careful monitoring. Unlike traditional media where bursts come and go, a social network once created cannot be undone less it brings unfavorable speculation towards the brand. Therefore, for those who are planning to go on a social network, be really careful and be ready to sleep, eat the brand, more so than ever now. Once a profile is created, it cannot be deleted overnight as it will leave footprints online. My advise is to engage a trusted team of brand guardians who are an all rounder - savvy in PR, branding, web 2.0, consumers, users, communications, etc - to take care of the profile. Building a presence amongst the consumers means brands have to be accountable and they are liable to questions posed by their fellow peers within the community. Honestly, how many brands can handle that kind of honesty?

*Interested in building a social life for your brand? Mail us here.

No comments:

Post a Comment