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« Personal Experiences for Billions and Billions Served | Main | What Forum attendees want to know about social computing »

October 24, 2006

Charlene Li On Social Computing

By Christopher Carfi - Founder, Cerado

Charlene: "Focus on the relationships, not the technologies."

Who's using social computing technologies?

Four levels of participation: "The Participation Pyramid"

  • Creators - bloggers, etc.
  • Critics - commenting, ratings, reviews
  • Collectors - bookmarking, "save to favorites" in youtube
  • Couch potatoes - passive

Social media: "It's not about the media, it's about getting people to participate."

Key point: Build community. If community exists, then dissemination is easier, wider (yahudi video #1, not the mentos guys)

Burpee Seeds: "November sales increased by 4x because of RSS"

  • Changed twice-yearly experience to a daily experience
  • Adding reviews with BazaarVoice increased the clickthrough rate by 43%

Anecdote: BassPro used feedback to redesign poor product. One lure had poor ratings, BassPro noticed, connected with manufacturer, and now redesigned product is selling well.

Getting Started

  • Decide how involved you will be with social computing
  • Map out what relationship you want to build
  • Listen to what is being said to find unmet needs
  • Participate in the conversations

How to start

    Start with RSS because it's easy and impactful

    • Put press releases in RSS

  • Use blogs when you have something to say
    • Anyone can have a recruitment blog
    • Anyone can have an internal blog
  • Deploy wikis where knowledge is needed
    • "Less frequently asked questions"

Test original podcasting sparingly
- Start with earnings calls and executive presentations

Best practices in social computing
- Be ready to act on feedback
- Relationships can be messy, be prepared to make mistakes
- Use existing marketing metrics to gauge your success

Key quote: "Markets may be conversations...and trust and relationships create marketplaces."

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Comments

Please tell me I am not the first to comment on the entire blog!

:)

Great coverage so far. I really like the last quote here:

"Markets may be conversations...and trust and relationships create marketplaces."

Which is why it's critical that Brands get this kind of stuff right. Brands can't be afraid of making mistakes but they have to try—and try to be real in the process.

This whole shift that we are seeing comes down to relationships. We can now engage directly with brands in intimate ways, and once you experience this—you don't want to go back to the "old way" of thirty second spots, static Websites and bad customer experiences.

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