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Direct Marketing In A Social Media World

Mail iconsIt has been written that there is nothing new under the sun. Sometimes it feels that way when the talk turns to social media and its impact on marketing as a whole and, more specifically, any Internet marketing efforts. Of course, every bit of marketing is going to be affected by a medium that encourages / celebrates shared information and the ability to color outside the lines. What’s not to like about a communication vehicle that allows the consumer to make decisions based on just about everything other than what is company generated propaganda?

Mediapost has picked up on a study conducted by StrongMail that examines the developing relationship between e-mail marketing and social media. Once again, when you read this kind of thing you probably say “Well, no kidding, duh.” But sometimes it’s good to see some numbers around the accepted theory.

LinkedIn Names New CEO

linkedin-logoWell, looks like some folks over at LinkedIn are going to be busy updating their profiles. Reid Hoffman’s will now include Founder and CEO of LinkedIn followed by Chairman of the Board of LinkedIn followed by interim CEO of LinkedIn and now landing at Executive Chairman of LinkedIn. Good thing Reid has stuck around to fill in the gaps.

LinkedIn has now announced the move of making president, Jeff Weiner, the new CEO of the company. Weiner came over from Yahoo in January and this move is not raising any eyebrows. Hoffman had stepped into the CEO role for the past 6 months or so after Dan Nye left in December of last year after two years in the post. Now the transition to Weiner looks complete.

cnet reports

Top CEO’s Appear to be Anti Social (Media, that is)

CEO ImageWith all the talk of social media this and social media that, it’s hard not to feel some pressure to be involved in some way or another. That is unless, of course, you are one of the CEO of some of the biggest companies in the world, as TechCrunch reports on a survey conducted by UBERCEO. Apparently the Top 100 companies of the Fortune 500 have CEO’s that are not getting in the game. Considering some of the press these guys and gals get these days that may be a good idea.

The highlights

  • Only two CEOs have Twitter accounts.
  • 13 CEOs have LinkedIn profiles, and of those only three have more than 10 connections.
  • 81% of CEOs don’t have a personal Facebook page.

Twitter Yields Clicks for Entertainment, Big Bucks for Music

Two recent reports illustrate the power of Twitter in two important metrics—driving visits and purchasing power. Hitwise analyzes overall downstream traffic for Twitter, while NPD Group takes a look at downstream purchases generated by Twitter.

Hitwise took a look at the most popular categories of downstream traffic for Twitter, comparing them with Facebook, Google UK and Hotmail. Nearly a quarter of Twitter’s downstream traffic goes to entertainment sites, and another ~15% went to social networks:
Source: Hitwise

Interestingly, Twitter also leads in downstream traffic to news & media sites, lifestyle sites and music sites—and, taken with a new study from NPD Group, that’s good news for the music industry. As Reuters reports:

Semantic Search Getting Social

And we don’t mean Hakia’s “social network.” Yet another semantic search startup is trying to leverage the power of social networking—but this time not as a social network where you can discuss your queries, but through friends recommending related sites.

semanti_powerset_jun09aSemanti is a new semantic search engine from someone who gets why previous efforts toward semantic search has failed. As Read Write Web puts it,

Perhaps the biggest problem with natural language search is that it’s incredibly difficult to try and automate machine-assigned ontologies. Essentially, machines just don’t get it.

(Okay, okay, we just wanted to see if we could sneak the word “ontology” into two posts today.)

Facebook Triples Advertiser Base

I know you’re tired of hearing the same old “the economy is going down the tubes” sob story, so I brought you something different today—a company that’s actually increasing its advertiser base. And not just any company—a social media company (and you know how tough it is to really make money there—you know, other thank from VCs).

facebook-logoFacebook has tripled its advertiser base in the last year. Yes, tripled. Bloomberg reports on the uptick (comparing it to Google’s first sequential drop in quarterly sales last quarter), speaking with Tim Kendall, Facebook’s director of product marketing for monetization.

In case you’re wondering, the specific advertising product that’s garnered so much popularity was first unveiled in 2007. Bloomberg describes it thusly:

MySpace Looks to Close Some Space

MySpace logoIn the Google, Facebook and Twitter swirl of news and rumors that we all tend to concentrate there is that other guy, MySpace, that is still lurking about. Unfortunately, as news is coming out that there are layoffs and office closings on the international front, it may be appropriate to say that MySpace is limping about.

MySpace has already trimmed its domestic operations so this move comes as little surprise. TechCrunch UK is reporting this update and has the internal e-mail that was sent to employees regarding the move. (Note to self, nothing – repeat nothing – is private for a company anymore) Here are some highlights.

From: Owen Van Natta
Importance: High