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SOCIAL & MAGAZINE MEDIA MORE TO GAIN - WHERE & HOW? Michiel Buitelaar, Sanoma Rome, 25 September 2013 THOUGHTS ON TAKING FORWARD SOCIAL MEDIA USE

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Social & magazine media. More to gain - where & how? Thoughts on taking forward social media use. Een presentatie van Michiel Buitelaar tijdens FIPP world magazine congress, 23-25 september 2013.

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Page 1: Social & magazine media

SOCIAL & MAGAZINE MEDIAMORE TO GAIN - WHERE & HOW?

Michiel Buitelaar, SanomaRome, 25 September 2013

THOUGHTS ON TAKING FORWARD SOCIAL MEDIA USE

Page 2: Social & magazine media

scope: social & mediatentative views in an evolving universe

INTRODUCTION

big and more than chatting away

much more to get from if done professionally

Page 3: Social & magazine media

BACKGROUND

Page 4: Social & magazine media

SOCIAL IS...

(and these are only the usual suspects)

Page 5: Social & magazine media

BEWARE OF:

but, think streamsand sharingand devices

and new formats: video supercuts,140-character statements, 1-page blog posts, second screen,snapchats, 6-second videos, etc. etc.

Page 6: Social & magazine media

content productioncontent distribution

WHAT IS SOCIAL USED FOR?

branding (of magazines, media & people)

(and how do we differentiate for that?)

branding (for advertisers)

Page 7: Social & magazine media

HOW DO WE VALUE THE USE OF SOCIAL

49%

36%

15%

we haven’t been ableto show the impact yet

we have proventhe impact quantitatively

we have a good qualitative sense of the impact, but not of the quantitative impact

the impact of social media on the business in the US

Page 8: Social & magazine media

SOCIAL & CONTENT PRODUCTION

Page 9: Social & magazine media

SOCIAL & CONTENT PRODUCTION

search + algorithm + journalistautomated Twitter track: RT Reporteroptimize texts: Visual Revenue

social first, then SEO

Page 10: Social & magazine media

SOCIAL & CONTENT DISTRIBUTION

velocity graph: predicts popularitydetermines home page, with some human curation

distinguish: like to read vs like to share

Page 11: Social & magazine media

SOCIAL & YOUR BRANDING

magazine and online brands in the social spacepersons (editors) can even be bigger

become more social yourselfassociated bloggers (‘influencers’) too

Page 12: Social & magazine media

SOCIAL & YOUR BRANDING

social requires listeningno longer fully in control

COMMUNITIES

1% freaks, set the tone but have limited connection

hardly monetisable

can be triggered

9% active users

monetisable reach

90% passive users

forum is where peoplediscuss your themes

Page 13: Social & magazine media

SOCIAL & YOUR CUSTOMERS’ ADVERTISING

forums again - as extension of brands

‘knowledge partners’ can drive questions: dialogue

FORUMS

key: honesty, authenticity and opennessmanaging for relevancenext step: test panels (quantitative)

underestimated type of market research?

Page 14: Social & magazine media

SOCIAL & YOUR CUSTOMERS’ ADVERTISINGBLOGS

focused, special interest reachmajor advertisers have overcome their reluctance

blogs & magazines & online publishing: mutually beneficial

Page 15: Social & magazine media

PROFESSIONALISE

good things happening but...

set your own scenelet there be (more) blogsdifferentiate devicesbe open: inviteuse KPIsquantifyfacilitate ‘social nerds’

RAMPING UP SOCIAL

Page 16: Social & magazine media

create & driveyour own forums

SET YOUR OWN SCENE

include the bestsocial content

produce for social, even before search (SEO)

Page 17: Social & magazine media

LET THERE BE (MORE) BLOGS

(mutual) fit with magazines and typical magazine subjectsgoing into the long tailblogging networks coming into playauthenticity: good enough = good enoughare all your magazine editors already blogging?

blog ‘evolution’+ forums + other social

Page 18: Social & magazine media

DIFFERENTIATE DEVICES (PLATFORMS)

many people start on one device, finish on anothera ‘portable experience’ is keyresponsive design

use specific qualities

- Windows 8 live tiles- Android widgets- smartwatch notifications- Google Glass headlines- IFTT triggers

Page 19: Social & magazine media

BE OPEN

provide APIs

invite: leverage the crowd

Page 20: Social & magazine media

USE KPIsREAL ONES

IPM, interactions per mille *

assisted social mediaconversions *

sentiment analysis sector comparison

share of voice social value (Google Analytics)*

visual reach (Pinterest Analytics)

Page 21: Social & magazine media

QUANTIFY - SENTIMENTS

more-or-less unsolicited data‘listening’ & acting on that 43% motivating

34% fashionable9% innovative7% addictive7% fun

Page 22: Social & magazine media

QUANTIFY - SENTIMENTS

what do users dislike about Nike+ Fuelband?

price

limited activities

accuracy

water resistance

design/looks

data sync/upload

reliability/quality

calories

battery life

visible on wrist

powered by

Page 23: Social & magazine media

QUANTIFY - SENTIMENTS

what do users like about Nike+ Fuelband?

motivational tool

app/site features

data sync/upload

design/looks

comfortable

battery life

easy to use

LED display

time display

fuel metric

powered by

Page 24: Social & magazine media

QUANTIFY...CLUSTER OF TWEEPS, FOLLOWERS, FRIENDS AND THEIR BEHAVIOUR

1425 FIPP followers2773 tweets from FIPP

7590 average followers3482 average friends7 clusters

online version: http://goo.gl/Xi47Nq

Page 25: Social & magazine media

get young people inwho breathe ‘social’give them spacebe inspired by themmanage them on performanceallow for experiments

FACILITATE ‘SOCIAL NERDS’

Page 26: Social & magazine media

running ‘social’ is a craft

WRAP-UP

potential is bigger than reality of todayyour brands and your advertisers’ brands will benefitexperiment

Page 27: Social & magazine media

CLOSINGTHANK YOU!

?thanks to:Jurriaan BernsonLeonard BukenyaKirsten JassiesMichiel KoemanBrechtje de LeijDavid RemmerSam WarnaarsJoep ArtsBob Rietveld

feedback to:[email protected]@buitelaar+31 648 000 005