Nothing Sadder than an empty glass of Champagne

Nothing Sadder than an empty glass of Champagne

 
What is Social Media Marketing ? I kid you not, I have heard in a meeting with a client “We should do SMS” instead of “SNS”. Good for you. Would you like some M&M’S too?
 
It seems like with all this buzz and name-dropping, people tend to forget to start from the beginning : understand basic principles of Social Media, how to’s and think how it could apply to one’s industry. Some trends don’t fit everybody, just like slim jeans.
 
But even understanding what it is and how it works is not enough.
 
I know what is a plane. I kinda understand how it works with all the forward motion and stuff. But even if I know where I want to go it doesn’t mean I will get there without an excellent pilot (specialized agency), and some fuel - money that’s right, there is no such thing as a good stuff free…
 
Social Media is a powerful tool and like anything powerful – arts, media, a Victoria secret model, H-bomb.., it needs to be in handled with great care.
 
I would like to quote Lafayette – the hysterical black gay character in True Blood, not the French aristocrat and general in the american revolutionary war (what can I say, at least most of you know who I am talking about) :
 
“Don’t blame the Ferrari just because yo’ass can’t drive”
 
Social Media is a Ferrari and needs skilled drivers. Skills like having a deep knowledge of the social media landscape in China and knowing how to use it, using best practices from abroad and being able to adapt them to local behaviors.  
 
Start with content. Recently I heard  ”Content is not very important, I don’t want to focus on that. Just drive traffic to my site and I am happy”
 
 Well, sure. Do you think you’ll have a crowd coming to your house party if there nothing to drink and nothing to eat – in fact, no party ?  I can already see the % of your bounce rate, and it’s no low…And once the people are gone, they are not likely to come back any soon.
 
Why content is the key? Because when you enter social networks, you are not welcomed as a brand. My fellow Buzzman quotes Bob Thacker, senior VP-marketing and advertising at OfficeMax :
« The secret is respecting the consumer.You are interrupting their life. All advertising is unwanted, so if you’re going to crash the party, bring some champagne with you. »
 
 
 What is the champagne you’re bringing ? Content. Entertaining and good stuff  : Champagne yes, Prosecco no. It can be insights, tips, gifts, or just a good laugh but it must contribute to make the readers interested in you enough to come (drive traffic to your site) and talk about you (viral). 
 
Quality only will make Quantity. Chin-chin…
The article is actually longer than I thought so I organised my reflexion into several parts – here is Part I : The Dinosaurs
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Once upon a time, dinosaurs were fooling around and eating alive all kinds of preys. They were big, fierce, almost invulnerable. Until they extinct.  Among the few extinction theories – asteroid collision, climate change, geomagnetic reversal, my favorite one is the least in which dinosaurs became too heavy to move and, unable to adapt, died from starvation.

 

This little dino story occured to me when I was attending a conference about online advertising. See any direct relation ? No? Well I wish I haven’t either but I did.

 

Now I know I write in a playful tone but it’s not funny. I had gone all the way through Shanghai to Pudong (in which I was lost on my way back to downtown), let my team struggle with an incalculate number of issues, made phone calls on the back of the cab for what? Hear a guy proudly introduce intrusive banners on a ppt.

“This kind of ad is very effective”

he declared, pushing a button to play a video in which a Chinese robot-like male voice proclaimed a slogan. The whole room listened religiously and some nodded. I don’t know how many of you actually listen to these kinds of video ads. Personally I hate any unsolicited noise coming from my screen – and I like to think I’m not the only one.

 

At first I thought he was joking. This is Shanghai 2009, come on! I was waiting for him to introduce other advertising models. To say, maybe, “Brands, here are also some other ways to engage with your audience“…He did not. And I’m talking about the head of a big advertising agency in China.

 

Does the dinosaurs allegory make sense now?

 

Some big advertising agencies are dinosaurs. The T-Rex and his pals were having a good time when they were eating out big budgets from big companies. But then, a magnetic pole reversal occured as new e-marketing practices came in the picture. Some dinos are too slow to move. Now there is a crisis big time out there (asteroid collision, climate change anyone?) and companies are more cautious, more demanding about their investment.

 

If advertising companies don’t reverse their own poles, they won’t adapt. And it will be, I predict! the extinction of Badvertising. Finally..

Meanwhile, small, light creatures companies able to keep on innovating are under the big brands radar and thus, surviving.

 

To be continued…

 

 

 

Internet in China

Fortune just released the results of a study evaluating worldwide e-business companies with the fastest growth. The study was lead on more than hundred companies to rank the ones with the fastest growth
Ranked next to famous companies like Google (#10), Amazon (#8) and Apple (#7), we find 3 Chinese companies out of 10, not really a shocker when we look at the online population growth in China which basically doubled in the last 2 years to reach 338 millions users this year.

So who are the winners?

Ctrip.com, the number one online travel service provider, is ranked number 6 with an increase of its turnover of 26% in 2009 second quarter only. On the 3rd position, Shanda is the first local player for online multi-players gaming. The group claims 6 millions of active paying accounts. Number 2 : Sohu, also ranked #3 in “Fortune 100″. The groups controls portal Sohu.com, search engine Sogou.com and social network Chinaren.com and its 77 millions members.

Worth to mention is ranked #9 based in Taiwan Gigamedia, one of the leading player worldwide for online gaming.

#1 is Blackberry fabricant Canadian Research in motion with an impressive 11 billions turnover on its last 4 quarters despite the Iphone success.

Guess where are we heading now?

Sources Fortune, CNNIC In French JournalduNet