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The media is growing at an alarming rate, with new channels and
                  platforms being announced virtually every month. Yes, Google+, we’ll
                  be watching. But with that comes the frustration of filtering through
                    white noise to make sense of it--unless you start on the right foot
                                    Story by Andrew Chow and Adrian Koh
                                          Photography Kaden Hoe




2 0 M AY-JU L 2011 POINT
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                                              If communication is an intention to reach out, then media is the
   Good communications                        channel to achieve that. Good media communications is a holy
   means good business                        grail, and most companies hire a bevy of consultants and media
                                              agencies to navigate this chaotic and unforgiving landscape.


                                     How can I gain                                 “Because the purpose of business
   Here are two                      traction in effective                       is to create a customer, the business
   important                         communications in the                   enterprise has two - and only two - basic
   questions for                     media landscape, since                      functions: marketing and innovation.
   all business                      it’s fundamentally                            “Marketing and innovation produce
   leaders and                       linked to success?                       results; all the rest are costs. Marketing
   brand owners                                                                             is the distinguishing,unique
                                     How can I make sound                                      function of the business."
   to ponder:                        decisions for my
                                     business?                                                       - P e t e r D ru c k er



   M i n d i n g th e M ed i u m                                            Humans “look for and are attracted to people who are like




T
                                                                     [them] in terms of values, interests and experiences” psychologists
                                                                     Michael Lovas and Pam Holloway explained, in their book Axis of
         raditional media has evolved from hieroglyphs of old to
                                                                     Influence.
         multi-billion dollar news networks today.
                                                                            Collectively, social media users can be a force to be
                 Before the 21st century, print (newspapers,
                                                                     reckoned with. Online communities have succeeded in giving
         magazines, periodicals) and broadcast media (film,
                                                                     otherwise obscure brands such as Online communities have
         television, radio) were responsible for according brands
                                                                     given brands like successful online T-Shirt store Threadless.com
         social bandwidth. . Companies pay top dollar for the
                                                                     mainstream presence. Without social media, the pro-democracy
airtime or column inches needed to showcase their brands.
                                                                     Arab Spring uprising would never have gained the traction it did
       Then the digital revolution struck.
                                                                     so quickly.

The Digital Wave                                                            The difference in social media? Live communication. People
                                                                     once had to search for information; today, information looks for us.
Thanks to huge technological leaps, digital media channels have
transformed mass communications from one-to-many to many-to-
many. Digital media, in the form of social media, have become
                                                                     hardwired
                                                                     A major tipping point is the proliferation of mobile devices in the
platforms where brands are merely one voice among billions.
                                                                     market, such as smartphones and tablets, making information
       Consider the advances over the past 20 years: the
                                                                     more accessible anytime, anywhere. With a small supercomputer,
convergence of information technology and communication
                                                                     consumers are gestures away from becoming a brand’s best
networks; the popularization and democratization of the Internet;
                                                                     friend – or its worst enemy.
the easy access and low entry levels to modern communication
                                                                              The mobile application revolution, spurred by thousands of
technology. Today, it is easier to create, share and consume
                                                                     startups that create niche mobile services, allows sharing across
information in the digital media space, across demographics and
                                                                     blogs, microblogs, podcasts, websites, photo sharing and video
psychographics.
                                                                     sharing sites. With a broad range of content across a variety of
       In particular, the advent of social media heralds a new age
                                                                     platforms, audiences create a “live stream” of digital memories,
of communications, where people are connected through similar
                                                                     hosted on the web.
interests, rather than similar demographics. Yet what makes social
                                                                              Increasingly, audiences are welcoming brands to be part of
media successful is not its novelty, but rather how it answers an
                                                                     their live stream.
inherent human need.


                                                                                                                21 M AY-JU L 2011 P OINT
massive m ed ia




Asia: A Digital Hotbed
Of Asia represents a massive growth area for digital media.
According to Internet World Stats1, there are about 825 million
Internet users in Asia alone (as of June 2010). This means over




                                                                                asia
21% of the entire Asian population are plugged in – a dramatic
622% increase from a decade ago.
        “Asia is not only home to the largest Internet population
in the world, but it is also one of the fast-growing, said Will
                                                          ”



                                                                               o n li n e
Hodgman, Executive Vice President (Asia-Pacific) for comScore,
an Internet marketing research company serving some of the
web’s largest businesses.
        “With most markets in the region experiencing double-
digit growth, marketers and advertisers have the opportunity
to capitalize on the potential of the online channel to reach and
engage a surging number of people engaging in a variety of
consumer activities online, including reading content, watching
video, playing online games, engaging with brands, conducting
financial transactions and making online purchases, he added.
                                                       ”
         But while Asia’s digital imprint is on the rise, there is no
“one size fits all” formula across all nations in how they want to be



                                                                                    21%
connected to information on the web.
        According to research commissioned by Ogilvy & Mather’s
team of social media specialists in Asia, digital ecosystems are
distinct even among countries with similar levels of development.
        South Korea has the world’s highest broadband penetration,
Japan has about 75 million users who access the Internet chiefly
over mobile devices. Indonesia recently overtook the United
                                                                                     o f Asia is
Kingdom to become Facebook’s second largest market. Even                        co n n ected to th e
China boasts 88 million bloggers despite the Great Firewall,
making up more than a third of the world’s total.
                                                                                     I nter n et

Old Embraces New
By 2010, print media’s deepest fears were realized. Across the
world, many publications saw steep declines in readership. News-
week, once the second-most read magazine after Time, lost more
than half its subscriptions between 2009 and 2010, from 3.1 mil-                   South Korea
lion to 1.5 million. Online video streaming sites like YouTube and
China’s Tudou led to sharp declines in television viewership.
         Adaptation became the order of the day. Hitherto-powerful        has the world’s highest broadband
news agencies and television networks are flocking online in an
acknowledgement of the evolution of times.
                                                                           penetration, Japan has about 75
         Many news agencies around the world such as The New            million users who access the Internet
York Times, Associated Press and Singapore’s Straits Times
have their own Twitter feeds through which they stream their
                                                                        chiefly over mobile devices. Indonesia
latest stories.                                                         recently overtook the United Kingdom
         Television networks such as Singapore’s Mediacorp has
begun posting recently-aired episodes of their free-to-air channels
                                                                        to become Facebook’s second largest
online, an acknowledgement that viewers no longer wish to be             market. Even China boasts 88 million
entirely bound by a fixated schedule.
         Yet this does not solely represent a top-down model.
                                                                         bloggers despite the Great Firewall,
         News pick-ups are frequent. Sohaib Athar, a Pakistani IT         making up more than a third of the
consultant, live-tweeted the raid in which Osama bin Laden was
killed, resulting in news agencies scrambling to establish his cred-
                                                                                     world’s total.

2 2 M AY-JU L 2011 POINT
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ibility and ultimately rely on his tweets for story updates. The Arab        discover where their target audiences were.
Spring was another pertinent example, with journalists banned                        A clear fact is that a win-win climate now involves an inte-
from visiting many parts of Libya and Yemen.                                 grated approach combining the strengths of both traditional and
         While these are ominous signs for traditional media, are            digital media to engage, retain and win new audiences.
showing that traditional media is not going the way of the dino-                     A    breakout      exam-
saur – yet.                                                                  ple is Old Spice, a line of
         Segments of audiences still prefer old-school journalism            men’s fragrances and body
and editorials, and this has given a second life to newspapers like          wash. The hybrid viral cam-
The Times in the United Kingdom. Digital editions have recently              paign by advertising agen-
seen healthy uptakes as these newspapers and periodicals find                cy Wieden+Kennedy was
their target markets.                                                        launched in 2010, and first in-
                                                                             volved tongue-in-cheek adver-
Media Integration                                                            tisements posted on YouTube.
Perhaps what was needed for traditional media to survive was to              A breakout hit, it garnered mil-
find its place in the new media landscape, and making an effort to           lions of YouTube views and on-




           Traditional
                     media outlets                                       vs                 Digital social
                                                                                                      media outlets


         Have authority, credibility and                                                    Facilitate word-of-mouth spreading
         recognition                                                                        of information and opinions online at
                                                                                            the speed of trust
         Reaches a broad demographic,
         especially the older generation                                                    Connect with enthusiastic fans who
                                                                                            are passionate about your brand,
         Generate brand awareness                                                           building brand ambassadors
         through strategic ad placement
                                                                                            Allow instant feedback that brands
5 Wall Street Daily: Social Networks Just Crushed “Old Media”…
And This New Paradigm is Here to Stay (http://www.wallstreetdaily.
                                                                                            can act on to improve
com/2011/05/03/social-networks-replace-old-media/)
                                                                                            Allow pilot testing of new ideas
                                                                                            with targeted audiences before a full
               th e n ew yo r k ti m es                                                     launch


           >1 0 0,0 0 0
                                                                                            Sustain a longer campaign through
                                                                                            consumer-generated conversations,
                                                                                            which are perceived as more
      o n li n e su bscr i pti o n s as o f                                                 authentic and current
                  A pr i l 2011

                                                                                                                        23 M AY-JU L 2011 P OINT
massive m ed ia




line buzz that eventually led to coupon deals, media in-
terviews and Twitter engagement. Following the cam-
paign, the brand recorded a whopping 107% increase
in sales.
        The concerted effort to engage audiences with
a simple big idea that men can be sexier with a body
wash led to the sharp spike in sales.



   nav i gati n g th e m ed ia




P
            erhaps what was needed for traditional
            media to survive was to find its place in the
            new media landscape, and making an effort
            to discover where their target audiences
            were.
                    Audiences now expect integrated
communications: they want to be spoken to (traditional
media), they want to speak out and speak with brands
(digital and social media)

Engagement Is The Difference
It is no longer enough to sell straight to the customer.
In 2010, an IBM consumer survey found that
consumers wanted retail brands to be more interactive
                                                                           Engaging Generation Y
and engaging online.
         The survey, which involved 32,000 online
consumers from China, India, United States, Canada,
                                                                      The Generation Y, born during the late
Brazil and United Kingdom, showed that the modern                  1970s to 2000, were the first to fully adopt
shopper is smarter and more informed through
product discussion and information consumption via
                                                                   digital and social media as a lifestyle. As a
Facebook and Twitter.                                             result, brands started to engage with them,
         Consumers want to talk to brands too. 75% of
the respondents said they want to be informed where
                                                                   designating popular online influencers into
the nearest store is while 68% want to be able to                 brand ambassadors. These virtual celebrities
know if an item is in stock via their mobile phones.
79% of shoppers also want the option of printing
                                                                 endorse these brands by integrating them into
coupons from websites.                                                            their lifestyle.
         “It’s a smarter consumer out there, one who
is really willing to engage with the retailer, explained
                                             ”                       For example, LG in Singapore recruited
Shannon Miller, a business development leader for
IBM’s Global Business Services, “retailers can tailor
                                                                     7 notable individuals in social media to
their strategy for each of these technologies to address          contribute a story of their lives for 7 weeks
what the consumers are asking them to do.     ”
         “We are in a shopper’s market today, because
                                                                    revolving around its new product, the LG
consumer access to technology and information gives              Optimus 7. As these people hail from all walks
them all the power, said Jill Puleri, a global industry
                      ”
retail executive at IBM Global Business Services.
                                                                  of life, they strike a chord with the man-on-
                                                                   the-street, creating strong interest in LG’s
                                                                              range of smartphones.

2 4 M AY-JU L 2011 POINT
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                                                Strategizing Communications
                                                     Through Content



   01                                                 02                                            03

Original content                                   Co-created Content                             User-generated Content
With social media, anyone                          A result of collaboration                      The most creative and
who can create unique                              with brand ambassadors                         convincing type of content is
content holds the power of                         who identify with the brand                    also the type that business
broadcasting. Business-                            and thus contribute co-                        leaders must accept they
owners now share the                               owned content, which bears                     hold no control over. Such
online space with their                            the mark of both the brand                     content is representative
target audience. Original                          and the user. Businesses                       of the user’s perception
content, such as advertising                       may exert some degree of                       of the brand rather than
campaigns, will be picked                          control over such content.                     the rigid confines of its
up and shared among                                                                               predetermined elements.
audiences. The focus is on                                                                        The focus is on the brand’s
communicating your brand’s                                                                        popularity.
values and promise to the
audience.


        “Retailers cannot afford to sit still as this digital revolution         The old mantra goes that “the customer is king” And the
                                                                                                                               .
happens. They must engage plugged-in consumers in new and                  king wants to have a conversation.
different ways, on their terms, and with more bi-directional
feedback and dialogue. ”                                                   The Right Mix
        The IBM survey also showed that if retailers could provide         A comprehensive media strategy is a hybrid of traditional and
more interactivity through customized promotions or ensuring               social media to reach target audiences effectively.
                                    product availability, 61% of                  Many brands have discovered that a long-term, sustained
                                    consumers are willing to spend         social media strategy that runs alongside a traditional media
                                    more.                                  campaign pays dividends in terms of both drawing eyeballs
                                             IBM found that emerging       and building loyalty with customers. Global cruise liner Royal
                                    market consumers of India,             Caribbean’s efforts to engage popular bloggers online has
                                    China and Brazil are almost            consequently raised its profile in Singapore. Paired with a strong
                                    twice as willing to use multiple       promotional campaign, Royal Caribbean has secured a sizable
                                    technologies for shopping and          mindshare and brand recognition in the country.
                                    making purchases, highlighting                Evidently, a campaign that opts for one form of media
                                    the huge uptake in new                 exclusively over the other will miss out on opportunities that a
                                    technologies there.                    hybrid strategy can give. There are some key considerations in



                                                                                                                     25 M AY-JU L 2011 P OINT
massive m ed ia




                                   Distinctive Features of Traditional Media
                                                And Social Media


                           traditional media                        social media

power                      Pitching                                 Engaging
                           Spinning                                 Conversation
                           Reporting                                Sharing

influence                  Press Conference                         Social Networking
                           Campaign                                 Collaboration/Feedback
                           Authority                                Authenticity

reach                      News                                     Sharable Content
                           Circulation                              Community
                           Database                                 Network


deciding the right balance, including brand communications          leaders may want to consider hiring a community manager
objectives, level of commitment to customer engagement, and a       dedicated solely for this.
risk appetite for failure.                                                  4. Competitive Insights Invest in third party monitoring
                                                                    platforms to audit your competitors. Be aware of their progress
Restructure For Success                                             and latest social media strategy Provide at least a monthly update
Be open to changing management structures and acquiring             of competitive insights to key managers in terms of share of voice,
resources to support a strong hybrid media strategy. Here are       key conversations and topics that target audiences are discussing
eight steps that will help you prepare a sound strategy for your    heavily.
organization.                                                               5. Staff and Resources Form a strategic task force across
       1. Senior Management Support There must be a                 different business units within your organization headed by your
commitment to social media as a long-term priority. C-level         head of communications, who must be well versed in social media.
executives must contribute content for social media, particularly   The chief role of this task force is to provide quick turnarounds for
when responding to crises. Internal feedback is just as important   communication objectives, particularly during crises. Many experts
as those from your customers.                                       in the market can provide consultancy to audit and structure this
       2. Social Media Knowledge Decision makers must               team, together with proper training and contacts to upgrade the IT
understand the different social media channels and decide which     systems internally to support this.
are most suitable to the organization. They will need to engage             6. Channel Prioritization Your social media strategy
communication industry leaders through peer groups and              needs clear and measurable objectives, targets and initiatives.
conferences to familiarize themselves with latest developments.     Analyze and prioritize your channel options and engage the most
       3. Customer Engagement Apart from customer feedback          feasible ones. Do not go for a broad, shotgun approach as this
forms and “contact us” links on your website, create your social    will make strategies less effective in transmitting a brand’s or
presence online through networking sites where your target          business’s message.
audience already resides. Engage your customers on a personable             7. Process Documentation When incorporating and
manner. Contribute positively and moderate discussions. Business    integrating social media into your marketing mix (product launches,



2 6 M AY-JU L 2011 POINT
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marketing plans, customer service etc), develop a project plan
comprising editorial calendars for content, publishing deadlines
and update schedules, among other key communications activities.
                                                                             What Social Media
       8. Measurement and Governance Third party monitoring                  Analysis Will Yield
tools can measure activity and conversations online. This will
be helpful to track and monitor progress and evaluate key
performance indicators (KPIs). You can also keep up-to-date with
how employees, contractors, prospects and customers are talking
                                                                        Learn what people are saying about you
about you. Also develop an internal social media usage policy in
the organization for employees, contractors and vendors.
                                                                        Create buzz for events & campaigns

The Future of Social Media                                              Increase brand exposure
It is important to continually observe shifting audience trends to
determine which platforms they are gravitating toward. A few have
                                                                        Identify and recruit influencers to
emerged in the mainstream over recent years:                            spread your message
        1. Social Gaming Gamification, a new and exciting
discipline in social engagement is gaining steam. This involves         Find new opportunities and customers
deploying game mechanics often seen in computer or console
games to non-game activities to make these activities fun and           Support your products and services
engaging. Part-art and part-science, gamification is the next leap in
consumer engagement.                                                    Improve your search engine visibility
        2. Mobile Meta Optimization (MMO) Going mobile is
essential for businesses and brands in the 21st century. Today,         Gain competitive intelligence
mobile is the fastest way to take your business global and personal
at the same time.                                                       Get your message out fast
        3. Advanced Streaming The need for real-time updates
has made Twitter the choice platform for breaking news. Users
accustomed to instant information will seek high fidelity and
quality streaming to satisfy their need for immediate access to
on-demand content.
        4. Interactive Lifestyle It is not enough to spread your
key message or unique selling proposition through marketing,
advertisement or promotion. Brands will need to cater for instant
feedback to their messages, and responses must be swift.
Strategies such as customer relationship management (CRM) and
the sales management process must be constantly reviewed to
ensure satisfactory levels of interactivity.

Reaching Out
Have fun engaging your audiences. While there is no textbook
formula that will fit all brands, such measured risks will pay off
multi-fold dividends as your brand gains traction through effective
communications. Sustaining an online presence, aside from
the quintessential website is a key journey to engage your key
audiences, and discover where they are holding conversations
with each other and participate in them.




                                                                                                     27 M AY-JU L 2011 P OINT

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Point Magazine : Cover Story (Massive Media) - May-Jul 2011

  • 1. The media is growing at an alarming rate, with new channels and platforms being announced virtually every month. Yes, Google+, we’ll be watching. But with that comes the frustration of filtering through white noise to make sense of it--unless you start on the right foot Story by Andrew Chow and Adrian Koh Photography Kaden Hoe 2 0 M AY-JU L 2011 POINT
  • 2. massive m ed ia If communication is an intention to reach out, then media is the Good communications channel to achieve that. Good media communications is a holy means good business grail, and most companies hire a bevy of consultants and media agencies to navigate this chaotic and unforgiving landscape. How can I gain “Because the purpose of business Here are two traction in effective is to create a customer, the business important communications in the enterprise has two - and only two - basic questions for media landscape, since functions: marketing and innovation. all business it’s fundamentally “Marketing and innovation produce leaders and linked to success? results; all the rest are costs. Marketing brand owners is the distinguishing,unique How can I make sound function of the business." to ponder: decisions for my business? - P e t e r D ru c k er M i n d i n g th e M ed i u m Humans “look for and are attracted to people who are like T [them] in terms of values, interests and experiences” psychologists Michael Lovas and Pam Holloway explained, in their book Axis of raditional media has evolved from hieroglyphs of old to Influence. multi-billion dollar news networks today. Collectively, social media users can be a force to be Before the 21st century, print (newspapers, reckoned with. Online communities have succeeded in giving magazines, periodicals) and broadcast media (film, otherwise obscure brands such as Online communities have television, radio) were responsible for according brands given brands like successful online T-Shirt store Threadless.com social bandwidth. . Companies pay top dollar for the mainstream presence. Without social media, the pro-democracy airtime or column inches needed to showcase their brands. Arab Spring uprising would never have gained the traction it did Then the digital revolution struck. so quickly. The Digital Wave The difference in social media? Live communication. People once had to search for information; today, information looks for us. Thanks to huge technological leaps, digital media channels have transformed mass communications from one-to-many to many-to- many. Digital media, in the form of social media, have become hardwired A major tipping point is the proliferation of mobile devices in the platforms where brands are merely one voice among billions. market, such as smartphones and tablets, making information Consider the advances over the past 20 years: the more accessible anytime, anywhere. With a small supercomputer, convergence of information technology and communication consumers are gestures away from becoming a brand’s best networks; the popularization and democratization of the Internet; friend – or its worst enemy. the easy access and low entry levels to modern communication The mobile application revolution, spurred by thousands of technology. Today, it is easier to create, share and consume startups that create niche mobile services, allows sharing across information in the digital media space, across demographics and blogs, microblogs, podcasts, websites, photo sharing and video psychographics. sharing sites. With a broad range of content across a variety of In particular, the advent of social media heralds a new age platforms, audiences create a “live stream” of digital memories, of communications, where people are connected through similar hosted on the web. interests, rather than similar demographics. Yet what makes social Increasingly, audiences are welcoming brands to be part of media successful is not its novelty, but rather how it answers an their live stream. inherent human need. 21 M AY-JU L 2011 P OINT
  • 3. massive m ed ia Asia: A Digital Hotbed Of Asia represents a massive growth area for digital media. According to Internet World Stats1, there are about 825 million Internet users in Asia alone (as of June 2010). This means over asia 21% of the entire Asian population are plugged in – a dramatic 622% increase from a decade ago. “Asia is not only home to the largest Internet population in the world, but it is also one of the fast-growing, said Will ” o n li n e Hodgman, Executive Vice President (Asia-Pacific) for comScore, an Internet marketing research company serving some of the web’s largest businesses. “With most markets in the region experiencing double- digit growth, marketers and advertisers have the opportunity to capitalize on the potential of the online channel to reach and engage a surging number of people engaging in a variety of consumer activities online, including reading content, watching video, playing online games, engaging with brands, conducting financial transactions and making online purchases, he added. ” But while Asia’s digital imprint is on the rise, there is no “one size fits all” formula across all nations in how they want to be 21% connected to information on the web. According to research commissioned by Ogilvy & Mather’s team of social media specialists in Asia, digital ecosystems are distinct even among countries with similar levels of development. South Korea has the world’s highest broadband penetration, Japan has about 75 million users who access the Internet chiefly over mobile devices. Indonesia recently overtook the United o f Asia is Kingdom to become Facebook’s second largest market. Even co n n ected to th e China boasts 88 million bloggers despite the Great Firewall, making up more than a third of the world’s total. I nter n et Old Embraces New By 2010, print media’s deepest fears were realized. Across the world, many publications saw steep declines in readership. News- week, once the second-most read magazine after Time, lost more than half its subscriptions between 2009 and 2010, from 3.1 mil- South Korea lion to 1.5 million. Online video streaming sites like YouTube and China’s Tudou led to sharp declines in television viewership. Adaptation became the order of the day. Hitherto-powerful has the world’s highest broadband news agencies and television networks are flocking online in an acknowledgement of the evolution of times. penetration, Japan has about 75 Many news agencies around the world such as The New million users who access the Internet York Times, Associated Press and Singapore’s Straits Times have their own Twitter feeds through which they stream their chiefly over mobile devices. Indonesia latest stories. recently overtook the United Kingdom Television networks such as Singapore’s Mediacorp has begun posting recently-aired episodes of their free-to-air channels to become Facebook’s second largest online, an acknowledgement that viewers no longer wish to be market. Even China boasts 88 million entirely bound by a fixated schedule. Yet this does not solely represent a top-down model. bloggers despite the Great Firewall, News pick-ups are frequent. Sohaib Athar, a Pakistani IT making up more than a third of the consultant, live-tweeted the raid in which Osama bin Laden was killed, resulting in news agencies scrambling to establish his cred- world’s total. 2 2 M AY-JU L 2011 POINT
  • 4. massive m ed ia ibility and ultimately rely on his tweets for story updates. The Arab discover where their target audiences were. Spring was another pertinent example, with journalists banned A clear fact is that a win-win climate now involves an inte- from visiting many parts of Libya and Yemen. grated approach combining the strengths of both traditional and While these are ominous signs for traditional media, are digital media to engage, retain and win new audiences. showing that traditional media is not going the way of the dino- A breakout exam- saur – yet. ple is Old Spice, a line of Segments of audiences still prefer old-school journalism men’s fragrances and body and editorials, and this has given a second life to newspapers like wash. The hybrid viral cam- The Times in the United Kingdom. Digital editions have recently paign by advertising agen- seen healthy uptakes as these newspapers and periodicals find cy Wieden+Kennedy was their target markets. launched in 2010, and first in- volved tongue-in-cheek adver- Media Integration tisements posted on YouTube. Perhaps what was needed for traditional media to survive was to A breakout hit, it garnered mil- find its place in the new media landscape, and making an effort to lions of YouTube views and on- Traditional media outlets vs Digital social media outlets Have authority, credibility and Facilitate word-of-mouth spreading recognition of information and opinions online at the speed of trust Reaches a broad demographic, especially the older generation Connect with enthusiastic fans who are passionate about your brand, Generate brand awareness building brand ambassadors through strategic ad placement Allow instant feedback that brands 5 Wall Street Daily: Social Networks Just Crushed “Old Media”… And This New Paradigm is Here to Stay (http://www.wallstreetdaily. can act on to improve com/2011/05/03/social-networks-replace-old-media/) Allow pilot testing of new ideas with targeted audiences before a full th e n ew yo r k ti m es launch >1 0 0,0 0 0 Sustain a longer campaign through consumer-generated conversations, which are perceived as more o n li n e su bscr i pti o n s as o f authentic and current A pr i l 2011 23 M AY-JU L 2011 P OINT
  • 5. massive m ed ia line buzz that eventually led to coupon deals, media in- terviews and Twitter engagement. Following the cam- paign, the brand recorded a whopping 107% increase in sales. The concerted effort to engage audiences with a simple big idea that men can be sexier with a body wash led to the sharp spike in sales. nav i gati n g th e m ed ia P erhaps what was needed for traditional media to survive was to find its place in the new media landscape, and making an effort to discover where their target audiences were. Audiences now expect integrated communications: they want to be spoken to (traditional media), they want to speak out and speak with brands (digital and social media) Engagement Is The Difference It is no longer enough to sell straight to the customer. In 2010, an IBM consumer survey found that consumers wanted retail brands to be more interactive Engaging Generation Y and engaging online. The survey, which involved 32,000 online consumers from China, India, United States, Canada, The Generation Y, born during the late Brazil and United Kingdom, showed that the modern 1970s to 2000, were the first to fully adopt shopper is smarter and more informed through product discussion and information consumption via digital and social media as a lifestyle. As a Facebook and Twitter. result, brands started to engage with them, Consumers want to talk to brands too. 75% of the respondents said they want to be informed where designating popular online influencers into the nearest store is while 68% want to be able to brand ambassadors. These virtual celebrities know if an item is in stock via their mobile phones. 79% of shoppers also want the option of printing endorse these brands by integrating them into coupons from websites. their lifestyle. “It’s a smarter consumer out there, one who is really willing to engage with the retailer, explained ” For example, LG in Singapore recruited Shannon Miller, a business development leader for IBM’s Global Business Services, “retailers can tailor 7 notable individuals in social media to their strategy for each of these technologies to address contribute a story of their lives for 7 weeks what the consumers are asking them to do. ” “We are in a shopper’s market today, because revolving around its new product, the LG consumer access to technology and information gives Optimus 7. As these people hail from all walks them all the power, said Jill Puleri, a global industry ” retail executive at IBM Global Business Services. of life, they strike a chord with the man-on- the-street, creating strong interest in LG’s range of smartphones. 2 4 M AY-JU L 2011 POINT
  • 6. massive m ed ia Strategizing Communications Through Content 01 02 03 Original content Co-created Content User-generated Content With social media, anyone A result of collaboration The most creative and who can create unique with brand ambassadors convincing type of content is content holds the power of who identify with the brand also the type that business broadcasting. Business- and thus contribute co- leaders must accept they owners now share the owned content, which bears hold no control over. Such online space with their the mark of both the brand content is representative target audience. Original and the user. Businesses of the user’s perception content, such as advertising may exert some degree of of the brand rather than campaigns, will be picked control over such content. the rigid confines of its up and shared among predetermined elements. audiences. The focus is on The focus is on the brand’s communicating your brand’s popularity. values and promise to the audience. “Retailers cannot afford to sit still as this digital revolution The old mantra goes that “the customer is king” And the . happens. They must engage plugged-in consumers in new and king wants to have a conversation. different ways, on their terms, and with more bi-directional feedback and dialogue. ” The Right Mix The IBM survey also showed that if retailers could provide A comprehensive media strategy is a hybrid of traditional and more interactivity through customized promotions or ensuring social media to reach target audiences effectively. product availability, 61% of Many brands have discovered that a long-term, sustained consumers are willing to spend social media strategy that runs alongside a traditional media more. campaign pays dividends in terms of both drawing eyeballs IBM found that emerging and building loyalty with customers. Global cruise liner Royal market consumers of India, Caribbean’s efforts to engage popular bloggers online has China and Brazil are almost consequently raised its profile in Singapore. Paired with a strong twice as willing to use multiple promotional campaign, Royal Caribbean has secured a sizable technologies for shopping and mindshare and brand recognition in the country. making purchases, highlighting Evidently, a campaign that opts for one form of media the huge uptake in new exclusively over the other will miss out on opportunities that a technologies there. hybrid strategy can give. There are some key considerations in 25 M AY-JU L 2011 P OINT
  • 7. massive m ed ia Distinctive Features of Traditional Media And Social Media traditional media social media power Pitching Engaging Spinning Conversation Reporting Sharing influence Press Conference Social Networking Campaign Collaboration/Feedback Authority Authenticity reach News Sharable Content Circulation Community Database Network deciding the right balance, including brand communications leaders may want to consider hiring a community manager objectives, level of commitment to customer engagement, and a dedicated solely for this. risk appetite for failure. 4. Competitive Insights Invest in third party monitoring platforms to audit your competitors. Be aware of their progress Restructure For Success and latest social media strategy Provide at least a monthly update Be open to changing management structures and acquiring of competitive insights to key managers in terms of share of voice, resources to support a strong hybrid media strategy. Here are key conversations and topics that target audiences are discussing eight steps that will help you prepare a sound strategy for your heavily. organization. 5. Staff and Resources Form a strategic task force across 1. Senior Management Support There must be a different business units within your organization headed by your commitment to social media as a long-term priority. C-level head of communications, who must be well versed in social media. executives must contribute content for social media, particularly The chief role of this task force is to provide quick turnarounds for when responding to crises. Internal feedback is just as important communication objectives, particularly during crises. Many experts as those from your customers. in the market can provide consultancy to audit and structure this 2. Social Media Knowledge Decision makers must team, together with proper training and contacts to upgrade the IT understand the different social media channels and decide which systems internally to support this. are most suitable to the organization. They will need to engage 6. Channel Prioritization Your social media strategy communication industry leaders through peer groups and needs clear and measurable objectives, targets and initiatives. conferences to familiarize themselves with latest developments. Analyze and prioritize your channel options and engage the most 3. Customer Engagement Apart from customer feedback feasible ones. Do not go for a broad, shotgun approach as this forms and “contact us” links on your website, create your social will make strategies less effective in transmitting a brand’s or presence online through networking sites where your target business’s message. audience already resides. Engage your customers on a personable 7. Process Documentation When incorporating and manner. Contribute positively and moderate discussions. Business integrating social media into your marketing mix (product launches, 2 6 M AY-JU L 2011 POINT
  • 8. massive m ed ia marketing plans, customer service etc), develop a project plan comprising editorial calendars for content, publishing deadlines and update schedules, among other key communications activities. What Social Media 8. Measurement and Governance Third party monitoring Analysis Will Yield tools can measure activity and conversations online. This will be helpful to track and monitor progress and evaluate key performance indicators (KPIs). You can also keep up-to-date with how employees, contractors, prospects and customers are talking Learn what people are saying about you about you. Also develop an internal social media usage policy in the organization for employees, contractors and vendors. Create buzz for events & campaigns The Future of Social Media Increase brand exposure It is important to continually observe shifting audience trends to determine which platforms they are gravitating toward. A few have Identify and recruit influencers to emerged in the mainstream over recent years: spread your message 1. Social Gaming Gamification, a new and exciting discipline in social engagement is gaining steam. This involves Find new opportunities and customers deploying game mechanics often seen in computer or console games to non-game activities to make these activities fun and Support your products and services engaging. Part-art and part-science, gamification is the next leap in consumer engagement. Improve your search engine visibility 2. Mobile Meta Optimization (MMO) Going mobile is essential for businesses and brands in the 21st century. Today, Gain competitive intelligence mobile is the fastest way to take your business global and personal at the same time. Get your message out fast 3. Advanced Streaming The need for real-time updates has made Twitter the choice platform for breaking news. Users accustomed to instant information will seek high fidelity and quality streaming to satisfy their need for immediate access to on-demand content. 4. Interactive Lifestyle It is not enough to spread your key message or unique selling proposition through marketing, advertisement or promotion. Brands will need to cater for instant feedback to their messages, and responses must be swift. Strategies such as customer relationship management (CRM) and the sales management process must be constantly reviewed to ensure satisfactory levels of interactivity. Reaching Out Have fun engaging your audiences. While there is no textbook formula that will fit all brands, such measured risks will pay off multi-fold dividends as your brand gains traction through effective communications. Sustaining an online presence, aside from the quintessential website is a key journey to engage your key audiences, and discover where they are holding conversations with each other and participate in them. 27 M AY-JU L 2011 P OINT