I recently was preparing for a speech at Pace University around participatory marketing and came across an interesting posting on Nick Burcher’s blog highlighting the top 50 facebook fan pages. Not surprisingly it looked something like this:
- Barack Obama
- Michael Phelps
- Batman: The Dark Knight
- Coldplay
- Windows Live Messenger
- Adam Sandler
- YouTube
- Apple Students
- Linkin Park
25. Victoria’s Secret Pink
30. Addidas Originals
32. OREO Cookies
45. Red Flavour Pringles
46. Ferrero Rocher
Interesting collection, no? During my presentation at Pace University in a room filled with hundreds of local undergraduate students, I asked a few questions to kick off the discussion.
How many of you subscribe to emails from the brands you have relationships with? 33% of the hands went up.
How many receive text messages from the brands you have relationships with?
10% of the hands go up.
How many of you became a fan of Barack Obama’s on facebook?
40% raise their hands.
How many of you became a fan or visit the facebook page of a brand you have a relationship with?
0% raise their hands.
So what’s going on here? A reasonable person might assume facebook is basically a bunch of young guys who love sports and junk food and who go online using their Apple computers to look at hot girls – and that is just about it. Quite a social commentary, no? But what if you are one of the thousands of brands trying to figure out social media and advertising? What does this mean for you? Can you be successful on facebook? Well if you’re not selling music, sports, the latest cool gadget or “entertainment”, then you just might be SOL? Or maybe not – facebook's Connect is interesting?
My Take? Traditional advertising on existing peer-to-peer social networks will be like TV – ignored. As my partner says - it is like going to a bar with your friends and someone comes up and tries to sell you a new car. Not going to happen. I believe it won’t take too much longer before we see a host of new networks appearing dedicated to helping consumers better manage their brand interactions. Media including the staples (email, TV, print, etc.) will also be more participatory, encouraging users to engage with brands in ways that create value and benefit both the customer and brand. Commercial networks will not only bring a sense of organization to the crazy amount of relationships we all must manage, but they will finally align the purchase process with the consumer mindset to create a commercial environment that is controlled by the consumer. My biggest hope is that my partner and I can be part of that explosion -- and we are working on it. Let me know what you think.



