I spent a lot of time this week talking, thinking and writing about social media. At my day job, I've also been pondering social media as it relates to ad commerce. If we believe the stats of the Youtube clip I posted on Wednesday that 96% of Generation Y is involved in social media. That, social media has overtaken porn in net popularity. That, social media is the greatest force since the industrial revolution, then why the hell can't we better monetize this revolution for brands? Maybe I'm just impatient but this is how I'm seeing it.
Every brand/agency is concepting, pitching or producing some form of internet, digital, viral, branded, 360 or whatever moniker du jour you'd like to give it. They are doing so with very few successes. Success being defined as genuine sustainable interaction with a consumer base of desirable size.
In the last 10 months I have read through dozens of decks by some very talented advertising people. I'm always impressed with the amount of thought and energy placed into these concepts. Most are well designed, some have clever ideas and all are generally underfunded. I keep asking myself why isn't it more effective? Where are we going wrong? We can't just blame the money or the client.
I believe we need to start asking ourselves two questions before formulating a digital strategy or thinking about creative - how are we going to get people to our site and once we do, why are they going to stay there? Recently I've asked these questions at meetings and on conference calls. I usually get the same answers.
- The commercials/banners are going to drive traffic
- We're going to start a Facebook page, Twitter feed and some other social media applications
- PR is going to reach out to the blog community
Let me get this right. The TV commercials are driving traffic by placing a URL on an end tag. The idea being the target audience is going to stop their viewing experience to get up, go to their computer, type in the URL and interact with some corporate content. Who has ever done that?
Banner ads. Ever click on one intentionally or even notice them? Enough said.
Facebook and Twitter. Always sounds progressive but how are you going to get friends and followers? Go with the "Field of Dreams" mantra? Sign up and they will come.
Bloggers. They love promoting ad sites to their hard earned audience unless, of course, they get paid. And now thanks to the FTC they are legally bound to disclose compensation. I guess they would do it without payment, if it was good.
Despite my sarcasm, I believe a successful integrated campaign needs all of the above to build audiences. It just needs to be strategically planned to work across all mediums. And, I still haven't answered my own questions. How to mobilize a community and keep them?
It starts with agencies thinking less like admen and more like programmers. The social contract of TV viewing is based on providing entertainment then breaking for a paid message from the sponsor. In paid media, brands don't have to build followings, they just pay for the privilege of piggy back on top of someone elses. With the exception of pre-roll, this can't be done in earned media.
When creating branded content you have to ask yourself would I pass this onto a friend? Would I spend my valued time watching this? There are many enticements to draw in an audience (free stuff, discounts, competitive games, etc) but keeping them is all about entertainment. It can't be brand focused but rather brand sponsored.
In the year end issue of SHOOT magazine, they named Goodby Silverstein agency of the year. Rich Silverstein said, and i paraphrase, "We are no longer an ad agency. As matter of fact, we believe no one should be. We need to become entertainment companies." This resonated with me.
Agencies and production companies theoretically should be the ones to unlock the code of communal and meaningful digital interaction with consumers (actually they should be called viewers). To do so we need to start holding ourselves accountable to building audiences, keeping them connected and providing content of value. We are the natural leaders in advertising innovation. However, just because we're the rightful heirs doesn't mean we'll inherit the future. They're are countless others aggressively pursuing the crown.