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[07/04/2010] Publication...

New book titled "The dynamics of Sponsorship: Leveraging Brand Equity in Postmodern Markets" has been published by LAP - Lambert Academic Publishing. Please visit publications section for detailed information.  

[01/01/2010] Publication...

The article titled "Critical Success Factors in Postmodern Era" has been placed in the new book titled "Sales and Marketing Stories". Please visit publications section for detailed information. 

[15/12/2009] Publication...

The study titled "How Does Event Sponsorship Help in Leveraging Brand Equity" has been published in Journal of Sponsorship Vol. 3 / 1. Please visit publications section for detailed information.

[01/07/2009] Publication...

New book titled "Postmodern Marketing: PIM Model for Leadership in Brand Age" has been published by Beta Publishing House. Please visit publications section for detailed information.

[20/06/2008] Publication...

New publication released titled "Effects of sponsorship on customer based brand equity (CBBE)".

[01/03/2008] Publication...

New publication released titled "E-Tailing and Consumer Behavior".

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LET’S KEEP THE SOCIAL MEDIA CLEAN!

While industrial media keeps its leading position within communication investments all over the world, worldwide advertising spending still keeps its downward trend due to the global economic turbulence and the effects of crisis.  Information taken from several resources show that the total media spending in US is expected to decrease 10 %. The worst case will be faced in press and radio ads, while TV ads will also take part in this trend. The situation in Turkey is not also so different from the rest of the world. All estimations and statistics show another important reality: The increase in the interest and investments for the social media.  Before starting to analyze the reasons of this new development, it is better to explain the meaning of social media for those who are new to the term or to refresh the minds of others about the meaning and structure of social media.

Collective behavior motives, sharing need and cognitive dissonance of consumers resulted in boosting effectiveness of social media. 

Social media appeared on the scene as the result of rapid and radical change and corresponding developments in the last 15-20 years. Extreme developments in technology, revolutionary effects of internet in business and social life shifted consumption and communication behavior and led to the creation of social media as one of the new products in the new era.  Starting from the technological changes and developments, there are four reasons why consumers became more connected than any time before. These reasons are the conversion of internet into a communication standard, development of technologies which allow interactive communication such as Web 2.0, increase in global internet penetration and decrease in the digital divide between first and second world countries. Collective behavior motives and cognitive dissonance of consumers boosted the need of sharing in consumer society. One of the important consequences of high levels of sharing activity within consumer society is the role transformation of consumers from “content consuming” to “content producing”. In other words, consumers started to produce and share content in their interests. The foundation of the social media is composed of the idea and actions of voluntary sharing and exposure to the content in the consumer society. Although social media channels may take electronic, hardcopy or word of mouth forms, recently electronic media is the leading one in practice. Among the electronic social media can be listed social and business networks, search engines, micro and classic blogs and video sharing sites.   

Social media has the greatest multiplier effect of the history from marketing and communication perspective.

Social media is the most potential media ever existed in terms of content effectiveness and diffusion performance. Compared to the conventional media, it stands one step ahead because in social media both source and target are the same: Consumers. In other words it is the place of producing and consuming the content at the same time.  Today we have many success stories about social media communication and the viral campaigns executed in the market. The video of a “boyfriend cheated victim young girl” who explains her revenge action plan to sell the remaining precious staff of his boyfriend for only 1 Turkish Lira on the second hand market e-store was an effective viral case in Turkey. As it is in this case, it is a very feasible way to create effective marketing campaigns based on forums, video sharing sites, social and business networks in which contents are shared by millions of consumers and consequently have worth of millions of dollars. The best of time multiplier effect of social media is an invaluable development for all brands when the things are going right which means that all consumers positively share the content about the brand. What about the opposite case? The effect is more powerful but in a negative direction. A content which has been shared by millions of consumers may bring unrecoverable damages for the brand image in a very short period of time. This is why social media is not a toy or place for rehearsal of advertising. It is an activated brand bomb. It can be exploded in the hand of competitors or brand’s own hand. In contrary to the conventional media, all dominance belongs to consumers and consequently the tactical move capability and time for companies are limited on this new media. In case of a viral infection in the social media, whether it is positive or negative, it requires fast and practical decision making process for the brands to manage and/or control the situation.    

Who will be the losers? Trying to earn without deserving…

While nowadays there are many discussions regarding the power and effectiveness of social media, the most important issue to be discussed is the approach of companies to the social media. As we stated before, the source and target of social media are consumers so it is not a paid but earned type media. In this perspective, any approach to social media from conventional perspective will create undesired consequences. So what are these undesired consequences?

Social media may lose its effectiveness.

The first negative consequence of approaching to social media with conventional media glasses will be the lost of consumers’ trust and its positive effect. Moreover, it may create negative consequences. Using conventional media tactics in social media Works such as twitting the brands via payment to celebrities, setup of fake consumer stories for viral disseminations, using professional actors in the viral videos will cause the consumers to become unresponsive and lose their trust to the contents in the social media.  Setup social contents created by the brands can be thought as effective and beneficial in the short term but on contrary these are harmful poisons which will damage the core structure of the social media in the midterm. Social media should be a deserved one and if required should be supported with conventional media in the campaigns.  Brands should avoid using the social media as a paid one. In short, social media should be kept clean.

Brands may be damaged in the midterm.

It will be perceived more honest action to try to disseminate an advertisement video in social media than to produce a setup video which try to attract the attention of consumers with fake players and content. All real advertisement productions which openly mentioned and attract the attention of consumers are welcome and no harm for the social media. The “Adidas Originals House Party (Celebrating Originality Campaign)” video film which included many celebrities such as Kevin Garnett, Young Jeezy, Katy Perry, Estelle, David Beckham, Russell Simmons ve Missy Elliott was produced for the celebration of Adidas’ 60th anniversary. The video was widespread in both social and conventional media and showed a good case of viral campaign in social media supported with conventional media (http://www.youtube.com/watch?v=MMI-3DAX-3I). The combination of earned and paid media exposure increased the effectiveness of the campaign. Paid media helped Adidas to have a good viral dissemination and earn the effectiveness in social media. These types of open and honest campaigns in social media reflect their positive consequences to the brands while dishonest and setup productions with hidden agendas may harm the trust of consumers towards the brand and consequently harm the brand in midterm (Revenge of the cheated girl – Fake Video with professional players - http://vimeo.com/5816931).  

As a result, social media is a postmodern reality which takes its power and effectiveness from the consumers’ production of content and/or their consumption of the content willingly without any push factors from third parties.  The main principles of social media should be the reality and pure content. Social media which includes paid and / or fake content will waste itself as a media and at the same time will produce negative and permanent consequences for the brands that don’t play the game with ethic rules.

I wish this new media, which takes its power from the consumers, to stay clean as its first day and never lose its effectiveness…

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