Chris Heuer’s Insytes

Personal and Professional Thoughts on Life and Marketing

Archive for the ‘Insytes’ Category

TwitterI don’t know how I let this distract me from my work I am doing in my hotel room [oh wait, is that an Eagle flying over the BC Place Arena out my window? shoot, where was I? oh yes, Twitter] – So I stopped in on Twitter and happend to see this tweet from Robert Scoble and mistakenly clicked the link, only to get my panties all in a bunch at the level of pettiness and noise in the comments on his post about the importance or unimportance of having more followers on Twitter and on this one about whether or not TechCrunch paid to be featued on Twitter’s list of suggested user’s to follow. [if you can spare a few hours and resist the temptation to scratch your eyes out, there are some really good points in both of the threads if you can get past the baseless and off-topic ones]

As Robert admitted in the comments, he did a bad job of framing the question on TechCrunch and Twitter, partly driven by a desire to get you involved in answering it (ie getting more ppl like me excited and upset which is what people with journalism degrees sometimes do, obviously with some effectiveness).  As such, I want to try to reframe the issue with some clearer questions and thoughts. NOTE: I did not read all the comments because I don’t think I cold avoid the impulse to scratch my eyes out or go deaf because of all the noise in that thread (personal aside: wow, do we need Insytes more then ever today).

Before going further, I want to point out that we should not unfairly target our good friends Ev/Biz and their hard working team which needs a real business model to ensure their service is sustainable.  The reason for me dropping what I am working on for Social Media Club Portland tomorrow night and Social Media Club Seattle Tuesday night (both sold out unfortunately) is that this is really important question that should receive some critical examination.  The issue is important to consider for all organizations online, most especially social networks, blogs and web services – but also for media companies, associations and other non-profits who work with advertisers, sponsors, donors and/or patrons.

This is clearly a discussion on disclosure first and foremost, but as a result, I hope other important lessons can be learned too…

Q1: Is Twitter adopting a pay to play model for being featured anywhere on its site? Are other sites doing this without making it clear? If so who?

A1: I don’t know, do you?  Besides answering here in the comments, maybe we need a wiki page to list those who do things like this but dont disclose it properly?

Q2: Does this sort of advertising (and the sort that has GaryVee using adsense to promote his twitter account) have a positive or negative impact on other users? on the Web 2.0 / Social Media era? on the broader society?  Does it matter at all? Q2b: Does this conversion of dollars into the power to get attention take away from our open/transparent/meritocratic ideals? In which situations is this ok?

A2: I think it is ok accompanied by simple disclosures and transparency as that will reveal true intentions and we, as informed citizens, can make our own judgments on the value of that reccomendation. In the case of Garyvee, it just seems odd, but there is nothing wrong with that.  Strategically he is the BRAND of his company (do you know what his company is?) so advertising his Twitter account does help his company/.  Personally, I believe that strategically he would be better off putting WineLibrary.TV in the ads for increasing the overall awareness of his great wine buying advice site, despite the likely decreased click through rate from a non-personal, company branded ad. Of course, the mere fact of breaking ground in this way has led to plenty of other new followers for him as a result of people like me writing about it… but that’s Gary, always passionately leading the way for others to follow…

Disclosure: Just last week I contacted the folks behind TwitterCounter to see if we (aka me for @SocialMediaClub) could buy a ‘follow us’ ad on their top 100 page – as the noise gets louder, we need better ways for getting noticed. @SocialMediaClub was in the top 100 on TwitterCounter for several months until recently being kicked off the list by the volume of hollywood celebtrities joining conversation (which is a more interesting issue in itself to talk about a bit later).

Q3: Will the user community (especially new registrants) be better off if Twitter is open about how they are doing it?

A3: This is the only one I will answer in detail because I am sure that everyone will be better off.  This is similar to the need to put the word advertorial on top of paid placement in print. People know a banner ad when they see it, but a ‘friendly recommendation’ that is soley based on the ability of people to pay that doesn’t inform the consumer is harmful to the  spirit of transparency we are trying to manifest in the world. It may even potentially be an issue for the FTC, so let’s do our best to solve this before someone else does.

This hits on two of Social Media Club’s missions, both Media Literacy and Ethics.  It’s hard enough for most people to know when they are being advertised too already, so this, if true, is a real problem for me personally and professionally.

Q4: Should celebrities and companies be on separate lists – should we have user ‘types’ to differenentiate and allow people to see different accounts? Shouldn’t companies (including perhaps our non-profit Social Media Club) with over 10,000 followers pay a reasonable fee for the service? It certainly would still be cheaper then a newswire for a press release]

A4: Well, let’s be honest, this is my suggestion not a question, so my answer to these questions is yes.

What do you think?

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Foundational Fixes For Economy #alt2bailout

Face-to-face trading interactions on the tradi...

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This morning over sausages and beer at Citizen Space, the talk inevitably turned to the economy and whether it was going to turn around or tank.  The great thing about co-working is the diversity of perspectives you can get in any conversation.  Without the corporate silo walls preventing us from interacting, without being organized by similarity of activities performed, and without anything connecting us more then a shared sense of place, we get by the bullshit and get real.

Anyway, I digress, because my point is more about what we really need to change in order to correct for our broader market problems (though I clearly think the silos between us are uber important).  What will it take? Less Greed?  Sure, but how do we stop one of the most powerful and highly motivating of the 7 deadly sins?  We certainly don’t legislate it all away, its an emotionally charged human behaviour.  No, we must really start the change from within.  Microsharing is perhaps an appropriate meme to leverage – now we need to get on to microgrowing, where we each grow a little bit each day in terms of understanding how connected we are to the world around us and the other people in it.

This was one of the original purposes of BrainJams, and then Social Media Club – to bring together people from a large diversity of backgrounds to see past the differences of culture, style, economic status and intelligence and see into the hearts and souls of each other.  To see that as much as we are individuals, we are also all one.  We are on this earth together.  We are part of this ecosystem less then we are masters over it.  We are in it together.

Whether or not you believe in the butterfly effect or chaos theory, you certainly have experienced the impact that another person can have on you and that you can have on them.  There is no denying that we are all connected in some way – the homeless man and Donald Trump, George Bush and Cindy Sheehan, and even Charlie Manson and the Benedectine Monks.  What we do affects others.  Simple.  What we do affects the earth. Simple.  What others do affects us.  We need to be mindful of this impact and find a way to ensure its balance.  To balance our self interest and drive with the broader interest of the world around us and its needs for our unique contribution to it.

What we need to fix to help our economy is to not reward greed and excess with tax breaks and bailouts but with meaningful penalties.  Perhaps they can use their great talents to serve as community organizers – to solve big problems.

One specific place where a change in perspective can have a potentially big impact is in looking at our unrealistic expectations of investment grade returns of our investment capital after a company has developed a mature market.  We probably need to fix the general public perception about investment markets in the US really.  We need to get beyond the expectations of constant never ending growth of our investments and look more to the long term. More like the Europeans with a 5 year view of the market instead of a quarterly perspective.

We need to shift our thinking of investments into alignment with reality.  At some point, investments in mature markets become consistent profitability instead of a doubling of revenue. The investor reward on this investment has a ceiling, but if it is successful will always reward your risk with income in the form of dividends.  Wow, what a concept!  So instead of looking for my money to grow exponentially, I realize it is providing me with $250,000 in income each year.  That sounds pretty darn reasonable to me.

Wasn’t that how utilities and railroads used to operate?

This is clearly a sociological problem. A psychological problem.  So it is hard to imagine any scenario where our government is going to be able to force this sort of change in society.  That change needs to come from inside of us. Each and everyone of us. We need to be aware of the world we inhabit, our role in it, our stewardship of it and our responsibilities to each other that when honored will reward each and everyone of us.

It starts simply with microgrowth.  Personal development and an acceptance of the reality we are facing as a result of a way of thinking that is not based in reality.  Humans Don’t Scale no matter how big our appetite for growth is.

Is it possible for this change in thinking to ever take place? Whats good about it and whats bad about it?

A view of the world in balance with our place in it is all I am seeking,  There are many ways to that path.   Tag yours with #alt2bailout and lets learn from each other and discuss other issues we need to address along with potential solutions to our problems.

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Living in the Era of Conversation

happy conversations are surely bestOver the past few months, I have had several opportunities while speaking, to experientially teach people the power of conversation to create understanding between people that goes beyond our choice of words. In each case, someone in the audience (or in a meeting) misconstrued what I was saying because my word choice did not match their own perceptions regarding an intention or point of view around a particular subject. Through the give and take and back and forth of conversation, we were both able to realize we were merely describing the proverbial different parts of the elephant as the blind men might do.

The idea of widespread participation in ‘the conversation’ is a very challenging thing for corporations to embrace because you not only lose control of the message, but also because you risk losing control of the messenger, and their personal judgments and speech. Last night this came into focus more clearly when my colleague Josh Bancroft criticized our efforts with Social Media Club when he wrote a blog post that said we had “nuked the fridge”. Now, we have received some criticism and some praise throughout the day, which to me is good because it means we are no longer in what Kathy Sierra has referred to as the zone of mediocrity, which is where we were for too long (IMHO).

My challenge isn’t with criticism, it is with a set of broader issues which I guess you could consider as the ‘hot buttons’ that set me off. For this, I want to apologize to Josh for snapping back at him, but I also would like to ask you to indulge me in looking at the bigger picture here, which is a bit complex and for which I am afraid my ability to communicate is not sufficient. I don’t mean to call Josh out specifically here, but this incident really has helped to clarify my thoughts around this issue and I think it is a valuable lesson to share.

While this is not a complete list, as I see it today, there are five things we should understand and consider when living in the era of conversation.

First, it is the matter of intention

Second, it is the matter of making assumptions

Third, it is the matter of familiarity and respect

Fourth, it is the matter of ethnocentrism (or technocentrism)

Finally, it is the matter of responsibility

Intentions matter a lot, and for us to disregard this in public discourse and/or in understanding each other through our actions is to completely misunderstand what being social is all about. In a very real sense, at least from my perspective, I was largely given a ‘hall pass’ on the failures of Social Media Club (SMC) because most people know that my intentions are good, that I am living my values, that I am honest and that I am working for positive change despite falling short on occasion. Last night, I was talking to my Conversation Group colleague Eric Doyle (our office Buddha) who was discussing the meaning of influence with someone who doesn’t believe in PR. He mentioned that influence was largely understood to mean manipulation. I pointed out to Eric that influence itself is not inherently good or bad, but rather it was the intentions behind the use of influence that determined whether it was helpful or exploitative. My drinking of a Peroni may have influenced others who joined our group to also drink a Peroni (it was so tasty!) but there was no intention of manipulation there, or for that matter of being helpful – I was just drinking a cool refreshing Peroni :)

In another exchange yesterday, a colleague from Intel Kelly Feller pointed out that there were not a lot of corporate practitioners on the SMC Interim Board (there are in fact 6 or 7). I had worked hard to invite a wide range of people to provide different perspectives and was taken aback by this a little. Since I don’t know Kelly all that well (we have only spoken by phone/email a few times, but I clearly understand she has value to contribute and generally ‘gets it’), I was able to keep a more level head. While a bit ‘perturbed’ at this pronouncement, I engaged her in Twitter conversation to determine her intentions and ask if she was interested in helping, to which she answered “who would I be to criticize and then not be willing to help? ;-)

But when Josh decided to say that we nuked the fridge, his use of colorful language, in my mind (and based on prior observed behaviour), was used to draw attention and demean our efforts, not make them better or engage in conversation. This was in stark contrast to the approach that Lloyd Davis took in the comments when noticing that we had made a mistake in claiming 42 interim board members, when in fact there was only 41. Had Lloyd’s intention been anything other than to respectfully get to the facts, he may have written a blog post calling us liars and committing a fraud on the public, though clearly this was a simple, and all too human, mistake.

This leads me into my second issue, which is about making assumptions. Now we all have to do this generally to get by in the world (is this person I am dating ‘sponge worthy‘ for instance), but largely we tend to make assumptions when we should be asking questions and seeking clarifications. This is one of the central points of what I think is the most important book of our time (and my favorite), The Four Agreements. Clearly I am not perfect in this regards because I assumed that Josh was attacking me and SMC for his own gain rather than calmly engaging him and trying to get at the root of his concerns.

In my mind though, this was for a good reason, which brings me to my 3rd point of familiarity and respect. There have been a few times where I have been personally offended by assumptions and statements made by people I know who didn’t bother to respect our relationship by seeking clarification directly before making public statements/posts which in my mind were inaccurate. I had mistakenly thought that Josh understood my intentions here and what we were working to accomplish with SMC, which can broadly be thought of as trying to ensure we use this social medium properly for the positive benefit of us individually and collectively. So when someone published what I perceived as an attacking post instead of asking me for clarification personally first (he does follow me on Twitter despite my original mistake in thinking he doesn’t), it really hit my hot button. As I clearly hit Josh’s when I made another statement on Twitter, and for which I again apologize for upsetting you Josh. Hopefully you can see that there was a point to it here that I was trying to make, one which is clearly taking more then 140 characters to explain.

This of course brings up a larger question of responsibility, my fourth point. We have been given a great power in freedom of speech with these social media tools, and of course in the use of that freedom people are free to do with it as they please and we have little control over it, if any at all (at least in this country). This is why it is so important that those of us, like Josh and myself, have a responsibility to use the power of this medium responsibly. We have a responsibility to not just pass judgement in a hastily formed opinion that could cause harm to others (personal, professional, or otherwise). Journalists have this responsibility to the truth hammered into them from their very early days of ‘J’ school, and by all their editor/mentors over the years. It is a tradition passed on from master to apprentice and it is missing from the ‘art of blogging’ to such a degree that I do think it is one of the biggest issues we face. The behaviour we choose to model for those who follow us will determine what society as a whole thinks is the difference between right and wrong – if we choose to use inflamatory language to draw more attention to our hastily formed opinions which may not be based on all the facts, we are setting a bad example.

In my mind, this is made an even more egregious mistake when such snap judgements are formed about people or situations to which we have direct access to the people involved. It amazes me to think about how many times someone I know has written something that was simply not correct, when a simple email, direct message or phone call could provide clarification about their concerns…

As I am getting rather long and I am afraid people will misconstrue my final point, I won’t dive too deep into why ethnocentrism is an important matter to discuss here, but let me briefly talk about the relevant analogy I am trying to make. In this case, the idea of technocentrism is perhaps more important to discuss. It has its roots in the same general principles of ethnocentrism – the distrust/dislike of people who are not like us and a feeling of superiority – but it is perhaps more divisive in our society today then many realize. As part of my regular speeches I often talk of the chasm of mistrust between technology and marketing folks as being responsible for trillions of dollars of lost value in the economy. I mean it, and I wish I could fund a study to prove it – the number might be even bigger.

The challenge here is that oftentimes when a technologist sees someone in a suit, or with a particular title, or using some of those ‘marketing words’, many will make a snap judgement that this person is not to be trusted. Online, we make similar snap judgments based on the words and writing styles people use. In the situation with Josh Bancroft’s dislike of Social Media Club’s announcement, it had to do with a particular paragraph of text that to him made it sound like we had ’sold out’ and gone ‘corporate’.

To be clear, I am not perfect here myself. The only reason I know about this or have thought about it is because I have made the same sort of mistakes and faced the same issues personally. Had I not felt the pain that such thinking and behaviour has wrought, I wouldn’t have learned the lessons myself. In fact, for many of these points, I still make the same mistakes, but I am quick to admit when I am wrong or when I realize I should have responded differently.

Why invest so many words in trying to explain this situation? It is not for my sake or for Josh’s, but rather for all of our benefit. If we don’t learn how to live in this era of conversation with one another better, all of the command and control hierarchy people in institutions who don’t want us talking to one another will win the day. This is one of the few places where the group that plays Amanda Chapel is right – seeing the world as it is rather than how it could be – there is little reason why corporations based on the principles of profit and growth should risk their existence by allowing an individual to express a hastily formed opinion or speak out of turn when we are not thinking more conscientiously about what we are saying and how it will be perceived. If we are to really have conversations with companies, and with each other, openly and freely, we have to learn how to talk with one another better. We need to accept responsibility for our actions and our speech.

In short, we need to apply good intentions, stop making assumptions, respect one another regardless of our differing opinions, stop judging books by their covers and embrace the fact that we are all responsible for the communities in which we live.

If we can’t get by these problems as a society and start to move in the direction of open and respectful conversation, we won’t ever realize our full potential or live in the sort of world I hope and pray we can create.


Photo by CC_Chapman under a Creative Commons Attribution-Noncommercial-No Derivative Works license.

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It’s About Conversation, Not Marketing

After reading The problem with ‘conversational marketing’ I was inspired to express my views on the importance of conversation and the evolution of marketing.

Let’s be clear, the real problem with conversational marketing (other than the God awful term itself) is the ‘marketing’, not the conversation. The human problem with many traditional marketing practices is that they are exploitative in nature, selling/hyping goods and services in the market that are of dubious value, and only benefit those doing the selling. Of course this is not the case with the majority of marketing or marketers, but the extent to which a few bad intentioned actors can create a stereotype that is harmful to an entire group of people is quite stunning.

The gist of the article is correct that product and experience are the most important aspects of the business by providing goods and services to the market that create profits and satisfaction. I wrote about this after our awesome SxSW panel earlier this year in a post called The Golden Rules of Marketing. If you are more interested in the importance of great products as the first step to great marketing, listen to the podcast of the Self Replicating Awesomness session.

My problem is with the article’s dismissal of the importance of conversation over messaging to create understanding. It demonstrates how badly a few buzzword spewing charlatans can hurt the efforts towards transformation across an industry (communications in this case).

As I have demonstrated in unplanned exchanges in numerous workshops I have facilitated over the past year, it is very easy for people to mean the same thing, use different words to describe it and have an argument resulting from their different viewpoints. Conversation in this case, creates understanding, bridging cultures and differences in the use of language – something that a simple published statement or headline (aka message) can not do if no one is able to be engaged, listening and responding.

When those of us who understand what is happening say the words ‘listen and respond’, we are not limiting ourselves to the words we say back to someone after listening. We are talking about what we DO as a result of HEARING them as well as what we say. By listening, and truly hearing what is said, we are also showing that we are paying attention – it speaks volumes about the true intentions of our actions in the market place.

The post’s author sees the biggest proof of the failure of conversational marketing in a 2007 study from 9 months prior to their post:

According to the University of Michigan’s American Customer Satisfaction Index, Dell was at the bottom of the pack in 2007 and actually lost 5 percentage points from the previous year

The author is correct in noting that it is much more difficult to provide a product that meets the market’s needs/expectations then it is to talk with them. Duh! The point isn’t so much that they are talking together, but what they do as a result. To expect conversations between representatives of a company and the market to turn around the culture and operational systems of that company within a matter of hours or days is of course impractical. These things take time. We are all human, people misunderstand, and of course, people make new mistakes which need to be understood and corrected all the time.

The article goes on to further state:

As such, companies should invest first and foremost in making sure that they do a good job of providing consumers with the products and services they want and need.

But of course, in order to understand what products they want, the companies need to listen to them FIRST, deliver the goods, listen to them again, change, deliver the goods again with improvements and so on. This quote shows how backwards the thinking is – companies need to do more up front to understand the needs of the market (traditionally thought of as research, which is of course a form of a conversation) before they invest in producing the goods.

The post goes on to say:

I would also point out what may seem counterintuitive to conversationalists – the fact that sometimes silence is the best indicator of consumer satisfaction.

Apparently, the author – Drama 2.0 – hasn’t read one of Kathy Sierra’s best blog posts called Be Brave or Go Home, which explains why customer silence is not golden if your company lives in the zone of mediocrity. Nor have they read Ken Blanchards book called Raving Fans, nor do they understand the importance and impact of Word of Mouth.

The thing is, that if I buy a computer from Dell (and I am a Mac guy, so the chances are slim), I hope I don’t have to talk to Richard Binhammer about a problem, but he hopes I talk to him about how much I love it. Either way, because I know that they are listening, as humans do to one another, I know that he will help to fix any problems. I know that their intentions are to serve us with better products and that sometimes shit happens. If the intention is made clear that they are not a faceless corporation here to take my money and harm me by selling me bad products/services, I would rather buy from them then anyone else.

This is our philosophy at The Conversation Group, and the main purpose we came together as an agency – to help more companies embrace the spirit of conversation with markets and to move beyond marketing by discovering, engaging and serving their markets in a more respectful and effective way.

Thanks to Rebecca Caroe from Creative Agency Secrets who pointed out this article called The problem with ‘conversational marketing’. (disclosure: two of the subjects of that post, Richard Binhammer and Shel Israel are friends) This is something I was writing about last summer in the post entitled, Stop the Insanity, Don’t Call it Conversational Marketing, and more recently in response to a Doc Searls post (keep getting better Doc, we’re with you) called Clues vs. Trains.

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Friend Feed Rooms Replace Mailing Lists

Friend FeedI won’t bother with an in-depth comparison right now, but it is seemingly obvious how Friend Feed Rooms replace mailing lists.

We can have them

  • public or private
  • open or closed (members invite other members or not)
  • we can message each other
  • we can share links
  • we can let people know what we like
  • we can have a comment thread
  • we get to have it on the Web instead of locked in our email inbox
  • it has RSS feed so I can access it in my Google Reader

This is the first real step that I have seen towards what I originally wanted to do with Insytes back in 2005… it still has a long way to go to get that full potential, but maybe I can get a consulting gig with them, or some options or something and I can help them really build it all out as the best communications and collaboration tool on the Web.

For now though, join us in the Social Media Club Friend Feed Room and lets start sharing and learning from each other as it was originally intended :)

Is Social Media bad for the environment?

Sunset in JamaicaOdd question isn’t it?

I mean, surely Social Media is doing a lot for the cause, helping people spread the word via blogs, organize efforts and make everyone aware of our global climate crisis. Sarah Perez (love her stuff) even has a great post just today on How to Use Social Media for Social Change. Of course I agree, as evidenced by my early post on the Importance of Social Media and Amanda Chapel’s constant attacks against me (which I gleefully laugh at as he continues to give me more attention).

So what made me stop trying to fight my insomnia and get out of bed to write such a seemingly silly blog post at 430am this morning?

During the course of the work I have been doing with Intel lately, I have been researching the enterprise IT market and learning a lot about what they have been doing to reduce power consumption while maintaining performance across all there product lines. This CIO survey from March has some interesting details on “The Greening of IT”. It’s a very big and important topic for the industry and each of us. My friend Bill Kircos from Intel tells me that Intel is the largest buyer of reusable/renewable energy as ranked by the EPA (story on Treehugger.com). They are also extending their Greening Efforts across their operations in other important ways such as removing lead from their chips. Even my wife (Kristie Wells) is researching carbon offsets for her company Joyent.

At the same time, I have been thinking a lot about the big data portability issue (which I fully support) and whether or not the recent Facebook/Google challenge over Friend Connect might mean that we are seeing “The Twilight of the Open Web” (a topic of discussion for next months Social Media Club meeting in San Francisco – details to come).

In talking with some folks at the Executing Social Media conference last night, I mentioned this event idea and Nathan Gilliatt remarked we will always have some walled gardens and I replied with my standard “we can’t have walls, we need semi-permeable membranes”, meaning there needs to be some trust filter to keep the bad actors out and the good actors safe – which is the role Facebook claims to be playing in safegauding its users privacy from Friend Connect sites.

This is similar to the debate around Flickr and Zoomr and an open API for user portability which was basically about (paraphrasing) not allowing people to have all their data and photos transferred to a site where they may not be able to take it somewhere else in the future. As Stuart Butterfield said “we definitely should approve requests from direct competitors as long as they do the same … fair’s fair”. Or as Marc Canter infamously said at BloggerCon IV, “If you’re gonna suck, you gotta spit“.

Now look at the great and hugely popular service that FriendFeed and SocialThing are providing, a true value for sure, but it is duplicating, and in some cases tripling the amount of storage used for the same content.

Was also thinking about TubeMogul, which Tim Street mentioned during a session yesterday and which I also happen to love. It allows you to send your video to any and all of the video sharing sites you want all at once, saving us a great deal of time in distributing our video. Of course, there are also the people who take copies of it and upload it to other servers and other sites…

So these thoughts and discussions lead to me wondering about the impact that all of this data duplication we are creating with our Social Media is creating. Multiple hard drives, redundant systems, ultimately needing to head to a landfill or get partially recycled and replaced. Perhaps it is merely distributing the consumption we would have had anyway, but I have over 8,000 photos on Flickr and if I put them on Zoomr too that would be (@3MB each) 24 GB of extra storage space I am taking up on primary systems, plus backups – then the electricity to run it all.

Jake McKee talks about how he and his wife upload the same photos to their different Flickr accounts, what if they switched and then switched again. Of course, we also have a ton of different equipment we are using for creating and consuming media. Just today I had my M-Audio podcast rig, my Flip video camera, my phone and my iPod sitting in front of me next to my 3rd iBook/MacBook. The impact of manufacturing and disposal and power consumption of all this stuff we are using is just huge.

Of course, this is, most importantly, the method through which the whole of our society is improving, growing smarter and becoming more connected.

It’s obviously ok for the storage folks bottom lines and the power company and even me as a Social Media evangelist, but is Social Media bad for the environment? Shouldn’t we all be thinking more about Storage Conservation instead of Duplication?

I have been noodling on what 2008 might bring for the wonderful web world in which we live and I think I finally hit on it this morning after reading Marshall Kirkpatrick’s excellent post called Five Ways You Can Fall in Love With Tagging Again. His five (and a half) ways are:

1. Re-enforce your learning at the end of year
2. Build a collaborative tag stream for a community of practice
3. Create a shared items feed and put it on your web page
4. Tag into a mobile reader
5. Tag your microblog posts
5 1/2 The future

I am very glad he has brought this important topic back into the spotlight as we enter the new year. The lull in uptake of tagging, particularly in some new applications I have seen lately has actually troubled me. It is a feature that can provide so much added value for the people who use it (and those who will casually benefit from those who contribute to it) that I think it can be the difference between a success and a failure.

In reflecting on the adoption (or lack thereof) of tagging systems, I believe we won’t see a real rise in usage until we see the next generation of apps. Yes Twine is one potential member of this class of apps, but real knowledge management folks don’t trust systems to do classification for them (yet). I think Marshall’s point 5 1/2 is heading in the right direction which he describes as:

In a future that leverage our Attention Data, we’ll be able to tag things in order to influence our Attention Profiles. What does that mean? It means that once you’ve exposed your Ma.gnolia APML (Attention Profile Markup Language) to your Bloglines RSS reader – then you’ll be able to influence the feeds that Bloglines recommends to you by tagging certain things in Ma.gnolia.

The future Marshall references as point 5 1/2 is a very important one to consider – one that I think is indicative of a broader vision. It is, I believe deeply, the goal we should all be moving towards, especially in 2008. What we really need is smarter systems that do more for regular people automagically, tools that will recommend and deliver useful information, resources and services to us when we need it most without having to express more then our intentions, learning from everyone’s attention and explicit descriptions.

If 2007 was the year of the widget, I hope that 2008 is finally the year of smart agents…

Sex, Technology and The Economy

Glad to get into Valleywag for something funny – this little piece called Chris Heuer’s grand unified theory of porn, tech, and the economy is from a short video interview I did with Sarah Meyers. Follow the link to Valleywag to view the video…

I could have actually gone faster to get it under a minute as she requested, but thought I would try to make some of it understandable. This isn’t something I would normally speak on, but since Sarah asked, I obliged – her Justin.tv stream is a probably a more thorough exposition of some of my thoughts on this, though perhaps equally incoherent in spots as I was digging deep to remember the correct citation while trying to make the story structure support my point – which I failed at as evidenced by the Valleywag commentary.

In the session at BarcampBlock before this interview, entitled Web 2 dot oh (or uh oh), we were discussing the economic state of Web 2.0 and leading indicators. Sarah wrote about the session, and showed I did not o well at making my point there at all – you try explaining the economics of population size in 140 characters or less…

My point was related to the fact that economic cycles, the upturns and downturns, are driven by many different factors. I brought up the point that one of the biggest factors driving the economy is actually sex (and I am getting this from esteemed authors, not from deep dark corners of the net). By this I mean, all the returning soldiers from WWII came home and created the Boomer generation. As that huge burst in our population ages and moves through life stages, there are different major spending events – go to college, first house, big promotions, enterpreneurism, kids in college (how many kids are they having), kids move out/downsize house, kids have kids, retirement, grandkids, grandkids in college etc…

This cyclical aspect of the economy, predicated on how large the population is growing or shrinking relative to their life stages, makes a major impact on whether the economy is strong or weak. It is not the only factor, but a large one nonetheless.

I referenced the work of Paul Zane Pilzer in this regards, but the book that I should have referenced, where such theories were featured more prominently, was in the Roaring 2000’s by Harry S Dent. Dent is more of a management consultant, coming out of Harvard Business School whereas Pilzer is an economist.

According to a 2000 Businessweek article based on Harry’s predictions entitled “Call it a Boomer Boom

“The 80 million or so boomers–those born between 1946 and 1964–are hitting their peak earning, spending, and investing years, and that’s what’s driving the economy’s incredible performance”

An interesting metaphor he used was in this quote on the Stone Creek Wealth Advisors site:

Studying the spending and investing habits of this current “Baby Boomer” bulge that is rapidly changing our society, is like a snake that swallowed a pig. You can easily see the progress of the snake’s meal as it moves through the snake.

While Dent is ostensibly way off in his 2000 prediction of a 40,000 level Dow by 2008, his basis for such optimism holds water. The Businessweek article goes further to state

“In Dent’s view, the economy goes into a deflationary funk for another 10 or so years, until the boomers’ children–the 83 million ”echo baby boom” generation–reach their economic prime.”

Where Dent was seemingly right on track was in regards to his predictions from 2004 for the second part of this decade. From an article from Bank Technology News on Finadarticles called Harry Dent Say Prepare for Boomer’s Aging, he shaes some interesting and timely insights

He paints several broad trends. The first is that thanks to Boomer spending and increased productivity, the economy will be stronger in the second half of this decade than is generally believed. Second, financial services will be stronger than the overall economy as Boomers pick up their savings rate in preparation for retirement. The growth areas will be investment services, not lending and consumer finance. “Banks should be positioned for stronger growth, and growth will come from the investment side and retirement, more than mortgages and consumer finance,” Dent says.

In a Wired Magazine Interview in 1999 with Kevin Kelly, Dent said

Bull markets end when a generation stops spending and stops being more productive as workers. Our growth boom will end around 2008 or 2009, as the boomer generation begins to cut its spending. We’ll see falling prices, high unemployment, and massive consolidation in industry.

Of course, at the time, the trends did not show how much longer boomers were willing to stay active in the work force, nor did it accurately predict the productivity enhancements that the widespread adoption of the Web brought forth. Most importantly, the procutivity gains to be realized should Enterprise 2.0 become a widely adopted trend will further alter the timing of any potential bust he references. This however, does not totally remove the microeconomic impact on spending that population and life stages has on the overall economy – but it certainly does change the odds and the possibilities.

Despite many incorrect predictions from Dent and other economists, I still maintain that sex drives the broader economy, it certainly has influenced technology and it plays its own unique role in all emerging markets (and marketing).

It was a great session though – I wish someone would have posted the notes to the wiki

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  • Filed under: Insytes, Web2.0
  • My thinking here is very clear – despite a lot of people whom I respect using the phrase “Conversational Marketing” to describe the new way companies are relating to customers, it devalues the underlying shift which is, in Doc Searl’s words, of “greater significance”. While the word marketing is intended to get the attention of those corporate folks who are somewhat attached to their titles and have budget, the language devalues the importance and ends up missing the point.

    In the world I inhabit, Marketing has become a four letter word. It has come to mean interruption, manipulation and pushing messages into people’s heads. As David Weinberger says, “somewhere along the way, markets, what we do together, became marketing, what we do to other people.” It seems to me that Conversational Marketing is in danger of ending up becoming something that traditional marketing people use to do TO other people rather than understanding it is something that we do WITH other people.

    This was one of the chief concerns that Stowe Boyd rightly brought up in our little ‘kerfuffle’ earlier this year about the Social Media Press Release. That marketers would use the tools without understanding the underlying shift in strategy, intention, process and purpose that is at the heart of human to human communications (H2H) that is the hallmark of our new world.

    As an abstract management term, it is seemingly technically accurate, but the spirit is missing from the language. In this case, I think it is the spirit behind the ‘meme’ that makes it powerful and will accelerate the greater transformation it represents. Of course, as someone who has been active in defending the often debated phrase of “social media”, I am a bit sensitive to the challenge we face in the conversation about this new business practice. In fact, I have been reluctant to bring this issue up – especially with the upcoming Conversational Marketing Summit being put on by the folks at Federated Media, who I respect very much. (especially after some of great conversations I had with Chas back in June)

    Everyone I know who cares about this emerging practice has clearly been influenced by the Cluetrain, so I don’t know why we would want to move away from their description and intention. For me, it is not Conversational Marketing, it is Market Conversations. I realize I am splitting hairs here somewhat, and that no one can really win a semantic argument such as this, but I think that the intention we bring to this new era is evidenced strongly in our language. For me, conversational marketing makes it seem like more of the same old same old, rather than a real transformation in the very nature of how businesses operate. Our intention should be reflected in our language.

    More broadly, I think what is happening is really about Market Engagement – how companies interact with the market’s they serve – how companies relate to the people within those markets through product experience, conversations and media. This can simply be thought of as first person, second person and third person. A conversation is not an advertisement, not an email newsletter, not a podcast, not a press release, not a ‘contrived’ focus group where management watches real people from behind the glass – these are all pieces of communication. A conversation is a human interaction between two or more people, which involves listening, speaking and responding.

    So on Sunday, here at Gnomedex’s Unconfernce, UnGnomeCamp, I will be leading a session to delve into this topic more fully. I hope you can join us and let me know what you think. Am I hitting the nail on the head here or am I out of touch?




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