A Brief History of Conversation: Advertising in the Social Space
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Transcript of A Brief History of Conversation: Advertising in the Social Space
A Brief History of Conversation:Advertising in the Social Space
Gordon PetersGeneral Manager, SocialCash.com
Social Ad SummitNew York, New YorkSeptember 15, 2008
Conversation began in tribes
Let’s kill the wooly mammoth and eat it. That is all.
Then the tribes got bigger
Let’s build an army of 10,000, pillage and whatnot, and
spread our message!
And spokespeople emerged
Representatives speak for the people and govern a nation of 1,000,000.
Democracy changed to top-down voicing
“We newspaper owners will manage the conversations for 10,000,000 people.
Companies can buy advertising space.”
Technology brought democracy back
Blogs:
Social News:
Content portals and social news allowed the people to choose their voices
Then came true Social Networks
Conversations are 24/7, and users are sharing and learning more about their friends
Individuals Are Now Publishers, Curators, And Evangelists
Real-time content push
Curation
Evangelism
Today’s Challenge: How Should You Join The Conversation?
Social Networks Tools Ads
Social Networks and open APIs/Platforms creating huge new inventory.
Five Avenues for Conversation and Engagement
Hyper Targeted Ads
Branded Apps (App-vertisements)
Fan Pages
Groups
Events
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Avenue 1: Hyper-Targeted Ads (Platform)
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Targeting
Apps
Fanning
Groups
5 Events
Avenue 1: Hyper-Targeted Ads (Apps)
Social Banners
Virtual Currency
Sign up Get Texas Hold ‘Em Chips
Branded Virtual Gifts
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Targeting
Apps
Fanning
Groups
5 Events
Avenue 2: Branded Apps
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Targeting
Apps
Fanning
Groups
5 Events
Context Optional helps Timberland recruit 100,000 Earthkeepers, who sent 1.75M seeds
Avenue 3: Fan pages
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Targeting
Apps
Fanning
Groups
5 Events
Fan pages allow for customer evangelism
Avenue 4: Social Groups
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Targeting
Apps
Fanning
Groups
5 Events
Avenue 4: Social Groups
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Targeting
Apps
Fanning
Groups
5 Events
Avenue 4: Social Groups
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Targeting
Apps
Fanning
Groups
5 Events
Avenue 5: Events
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Targeting
Apps
Fanning
Groups
5 Events
Five “Must Do” takeaways for igniting high-value conversations
Define clear and measurable goalsTry multiple avenues and build a portfolioDon’t fear the mob; cede some control Leverage key metrics to drive growthTest, learn, and iterate
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A Brief History of Conversation:Advertising in the Social Space
Gordon Peters – General Manager, SocialCash.com
Social Ad SummitSeptember 15, 2008