Breaking Out of the Echo Chamber-Identifying Early Adopters and Setting Sights on Mass Markets (Presented at NextWeb NY 9/15/08)

Breaking Out of the Echo Chamber - Early Adopters vs. Mass Markets

Breaking Out of the Echo Chamber - Early Adopters vs. Mass Markets Jackie Peters

(visit Scribd for the sideshow of this talk)

Below is an approximate transcription on the presentation, actually, it's my notes, which are probably a better read than the actual transcription...

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Has everyone seen Forrester’s technographic ladder?



Making the Case for Social Communications

There is a lot of buzz these days about social media. Everyone's trying to figure it out. There are some who understand it, and some who might be missing the mark. The "web" is quickly, and deservedly, becoming a science unto itself. The web is still perceived by the majrity as a platform. A medium. An "it". When, as I observe it to be, the web is much more, it's "where," "when," "how," and "why." And most importantly "who." My friend Stowe Boyd refers to practitioners of social media as "the people formerly known as the audience" - a term I am quite fond of. In general, this is a concept that the world of marketing communications has yet to catch on to.



Why Is Everyone Still Dumping Money Into Banner Ads?

Let's face it: banner ads have been tanking for a long time. The term "banner ad blindness" was first coined in 1998 by Jan Panero Benway and David M. Lane.

In July of '07,Dave Morgan blogged about a study that he conducted with AOL on ad clicking behavior.

Ninety-nine percent of Web users do not click on ads on a monthly basis. Of the 1% that do, most only click once a month. Less than two tenths of one percent click more often. That tiny percentage makes up the vast majority of banner ad clicks.



Digital Media Summit It's Time to Reevaluate the Hit

I attended the Digital Media Summit in Hollywood yesterday.

Here's the pitch from the event web site:
"Hollywood and content producers are faced with a Hobson's Choice: Make your content available to all for free online - and potentially see your core business cannibalized. Or hold onto copyrighted content tightly...and watch as an amoral generation of youngsters steals it."

Is it really that dire? I saw an awful lot of head-scratching going on. No one seems to know quite what to do about this whole "social media thing." Charlene Li gave a great presentation on social media and groundswell, a primer I think many in the room desperately needed. Thanks Charlene!

Waiting for a Hit



Social Media Marketing FTW!

A guest post I contributed to Mashable, see the whole story here: http://mashable.com/2008/05/23/social-media-marketing/

...We realize the power of citizen reporters, word of mouth, media sharing, transparency and interaction. We have the tools, we have the stats, we have the case studies, we know how to develop effective strategies.

Our job now is two-fold: make sure the fakers who claim they get it, but really don’t, don’t screw things up, and educate clients, potential clients and our peers so they are able to make intelligent decisions in selecting an agency and implementing a social media strategy...



Marketing, Media, Technology, Content and Conversation - Connecting the Dots

I started my career 12 years ago as a programmer. I then transitioned into design, animation and interactive presentations, followed by a bit of video editing, then creative director. For the past seven years I have run an interactive marketing firm. I feel like my professional history, combined with my lingering passion for each page in that history, gives me a unique perspective.



What's Happening in the World of Interactive Marketing

I just attended the OMMA conference in Hollywood. It inspired me to speculate on the future of online and interactive marketing; what's coming up in '08 and what's down the road. Several things strike me and inspire me. For instance, GM announced this week that it will dedicate half of it's $3 billion budget to digital and one-to-one marketing in the next three years. Wow. According to a recent survey by Prospero Technologies 90% of marketers who already use social media are planning to increase spending. Marketers say they are seeing their objectives reached or exceeded, even though they do not always have methodologies and metrics for measurement.



Measuring Engagement

I was recently asked to be on a metrics panel at a local tradeshow. Preparing myself for this panel got me thinking about the metrics of engagement. Our firm is all about engaging the audience with the brand. This means not just measuring click-throughs and site visits, but number of actions taken and amount o f "quality time" spent with the brand. There are not any clearly defined metrics for measuring engagement.