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Social Media 2.0?

Posted on September 22, 2009 by Craig Oda

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Facebook, Twitter, YouTube, LinkedIn and blogs present resource problems for corporations that want to use these channels as marketing tools. Managing multiple channels that lack unification requires more time, resources and specialization than most companies can afford internally. Firms like Page One PR have benefited from this problem because we specialize in the unification and management of social media marketing programs.

At the same time, we’ve learned that proprietary corporate portals that combine video, forums, reviews and blogs can serve as an alternative to YouTube, Twitter, Facebook, and blogs. A corporate portal is more integrated and easier to navigate than individual social media sites. Social media channels are wide and shallow, but the corporate portal is narrow and deep. For customers who want depth of information, the corporate portal may be the better answer.

A good example of a corporate portal is the SAP Community Network (SCN)*, an online community that doesn’t use Facebook or Twitter. SCN is based on proprietary technology developed at SAP. The community consists of more than 1.7 million people, 9,000 companies, 60,000 wikis, and 3.5 million forum posts. The corporate portal offers an efficient way to get product-specific information that can be searched and managed from a central location. However, even a corporate portal that is enormously successful such as the SCN portal can’t contain all discussions. Online discussions will bleed over to other channels such as Twitter, Facebook or whatever tool may be hot at the moment.

While there are excellent examples of corporate portals — just as there are excellent examples of social media campaigns — even companies at the cutting edge of marketing are only just beginning to integrate their efforts at managing peer-generated content that originates in the ‘wild’ with content in their portal. Today there is a great opportunity for smart marketers to leverage the strengths of both the corporate portal and social media channels by integrating a corporate web site with popular tools such as Facebook, YouTube and Twitter. This will mark the dawn of Social Media 2.0.

I see this next stage of social media marketing consisting of the following elements:

* There is a central hub for online communication where customers can get updates. The infrastructure for the central hub could be a simple tool like Twitter, or it could be a more complex corporate portal.

* Careful deployment of a central hub helps corporations streamline the official communications spokes linked to the hub. It’s much easier to eliminate redundant channels, clearly define goals, and manage messages. Many corporations are running too many similar corporate Twitter channels and Facebook groups that focus on the same products. Eliminate the redundancy.

* A much larger network of community-generated content is freely created around the “official” hub and spokes.

* Online conversations are monitored at all levels – hub, spokes, and community networks.

Social media, with content generated by peers, is now an important part of our daily communication, not just for technology hobbyists or businesses, but also for everyday people making decisions about how to spend their time or money. We are at the cusp of a moment of great change in how real people find and assess the value of information. I look forward to seeing how companies merge the great content and infrastructure they have on their corporate web sites with the amazing opportunities presented by vast amounts of unfiltered content produced on sites such as Twitter, Facebook, LinkedIn, and YouTube.

*Disclosure: SAP is a Page One social media client.

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