The biggest news in the world of social media over the last few weeks has been the IPO of LinkedIn, the upcoming Groupon IPO, and the slew of floatations these two are likely to herald. And, of course, underpinning all of this has been the simple question of whether the valuations these companies are receiving mean that we are in a bubble.
Whilst I’m in no way qualified to answer that (though I tend to agree with the analysis by multi-media consultancy Broadsight that all of this activity suggest that we definitely are in a bubble), what I can say is that nearly all of these companies rely on marketing, if not direct advertising dollars, for their business models.
This worries me because at present all of them seem to be enabling, if not actively encouraging, incredibly uncreative communication strategies. As a colleague of mine, who had his doubts about social, once said to me, “Are there any great social marketing campaigns that don’t rely on bribing the user”. And, when you think about it, there aren’t that many.
Groupon is built on bribing, or buying, your customer’s attention (with all the dangers that brings of investing in acquisition with absolutely no guarantee of retention), whilst many other ‘famous’ campaigns are built on similar models: vouchers, competitions, etc…
If Facebook, Twitter and the like really want to meet their valuations they need to win TV budgets, and that means that agencies and marketers need to get much better at using social platforms and technologies to build lasting relationships with consumers, without resorting to financial rewards, and start creating truly innovative strategies.
So, rather than just rant about this, I thought it would be useful to give examples of brands that are doing exactly that, in the (almost certainly vein) hope that this might encourage others to do the same.
5 Examples Of Excellent Social Media Campaigns
But done in a truly beautiful way, that actually made me stop what I was doing and give my full attention to what was unfolding in front of me. And, in doing all of this, it subtly, but very definitely, hammers home the overarching brand message. This should win awards. Lots of them.
Marketers often dismiss social, saying that it only works for cool brands, ones where people will want to get involved. So it would be impossible to use it for, say, a bank, right? Well, First Direct, to highlight the fact that unlike most other UK banks, were trusted by their customers, used social technology to surface consumer opinion, and then published it, on their own site, and broadcast it, in offline marketing. Again, an old tricks (it’s what movie studios have always done) but given an innovative twist, that won awards, and hit business targets.
Sponsoring major sporting events is an expensive business, yet so many brands go no further than slapping their logos on the bilboards and the ads around the games. Heineken went one better, and created an app that not only appeals to the target audience (football/soccer fans), but is truly engaging and, creates and facilitates live conversations.
If you can’t use social for boring sectors, surely it can’t make a serious point? Well, the (London) Metropolitan Police proved otherwise with this interactive video narrative that allows youngsters to see the dangers of carrying a knife through a ‘choose your own adventure’ style YouTube platform. Gripping, engaging and perfect for the target audience. Truly creative, and true social work.
Another industry that has, for the most part, steered clear of social, and indeed digital in general, is the luxury sector. But fashion brand Burberry decided to grasp it with both hands, and the result was the highly successful Art Of The Trench, which has been followed with the world’s first 3D livecast of a catwalk show, with real-time Facebook & Twitter commenting.
It actually took me a while to come up with these, as so many, admittedly creative uses of social, rely on giving something physical back to consumers, whether in the forms of discounts or competition prizes.
So, help me out. Help me prove my colleague wrong. Help us prove that social media can be used creatively, without recourse to competitions, vouchers and give-aways, by giving your own examples in the comments.
* Heineken & First Direct are both Mindshare clients, though Mindshare was not involved in the creation of the Star Player app. I have tried to use non-US examples on purpose, to prove that great work does exist outside of America.
Opinions expressed in the article are those of the guest author and not necessarily Search Engine Land.