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Apple

I had the pleasure of talking with author Phil Simon this morning. His latest book, The Age of the Platform, looks at four 21st-century powerhouse companies (Amazon, Apple, Facebook, and Google) which have managed to grow big while keeping their competitive edges and innovating at lightning speed. Simon says they’ve done this by building “platforms” which are redefining business.

So what is a platform? Simon describes it as “an extremely powerful and valuable ecosystem that quickly and easily scales, morphs, and incorporates new features, users, customers, vendors, and partners.”

This applies to smaller companies too.

In the video (click here if you aren’t seeing it), Simon and I talk about:

  • The top reasons why entrepreneurs and smaller companies need to understand platforms
  • Examples of smaller businesses adopting platforms
  • Advice for small businesses on how to get started

Plus, you’ll see that I’m really a PC person and learn what being good at darts has to do with business strategy.

Bonus Reading: Check out my review of The Age of the Platform, which includes a peek at the key components of a solid platform.

Disclosure: I donated to support the publication of this book via Kickstarter, which means I thought it was an intriguing concept—and that I actually paid more for my “free” copy than the book’s list price. None of this, however, impacts what I chose to write about the book.

Have you grabbed a free copy of Your Social Media Checklist? Download it today to get 9 tips for being findable and attracting the right customers for your business.

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Are You Disrespecting Your Fan Base?

by Daria Steigman on February 23, 2012

 

So I went on a mini rant yesterday about my hometown team’s social media ineptness. And my brother posed an interesting question in return.

He’s right (of course) and he’s wrong.

I’m not impressed when a brand follows me. But I’m irritated when a brand I follow (and talk about) doesn’t follow  me back.

Being social starts with perception. 

Most companies have a few evangelists. A few brands, a la Apple, have big, rabid fan bases talking about them. Don’t you want to cultivate the ones you have?

Here’s why the 26K matters: 26,000 customers and prospects have indicated that they are interested enough in your brand to put your tweets in their Twitterstream. Not following them back implies you don’t care about them. Or worse, you’re taking their support for granted.

If you’re not talking, we think you’re not listening either. 

The Washington Nationals have a very good blog. It’s conversational. It’s fun. It lets fans peak behind the curtain. It’s a good social outpost for the team. Ditto for Screech (the mascot), who follows back his fans. But the corporate Twitterstream (and Twitter behavior) suggests someone said, “We need a Twitter feed.”  It’s not ready for prime time.

If your customers are being social but you’re not, you risk alienating them. Sure, it might not change my feelings about baseball and the Nationals (where a rabid fan base comes in handy), but can your company afford to take this risk?

Have you grabbed a free copy of Your Social Media Checklist? Download it today to get 9 tips for being findable and attracting the right customers for your business.

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7 Digital Trends to Watch in 2012

by Daria Steigman on January 17, 2012

Daria Steigman & Dan Horowitz on IABC/Washington's Digital Trends 2012 Panel

From l-r: Steve Radick, Dan Horowitz, Daria Steigman, and Rick Dunham

Integration, mobile, and consolidation were all topics under discussion at the January 12 IABC/Washington panel on trends in digital communications.

Here are my top seven takeaways:

1. Silos will start to fall. According to Steve Radick of Booz Allen Hamilton’s Digital Strategy and Social Media Practice, government agencies will better integrate their social media initiatives. He noted, in particular, that people are starting to understand the disconnects that happen when customer service is not integrated.

2. Government social media will be in “wait and see” mode. Radick said not to expect a lot of big Government 2.0 initiatives. He suggested that most agencies will be in waiting mode during this election year.

3. Companies will start to clean up their act. Dan Horowitz of Fleishman-Hillard’s Digital Group and Social Media Practice pointed to a new Altimeter report that found that large companies have an average of 178 corporate-owned social media accounts. In 2012, he said, they will consolidate and coordinate better–which involves, of course, aggregating efforts via smart tools (e.g., Buddy Press).

4. Social media reaches maturation. Horowitz pointed to Forrester’s just-released research on social media adoption that found that 86 percent of adults who use the Internet use social media.

5. The press release is dead. Okay, Rick Dunham, Washington Bureau Chief of the Houston Chronicle and chief author of the Texas on the Potomac blog, didn’t really say this. But he did say that he’s relying more and more on Twitter search and other social media to discover trending stories and breaking news–and to get ideas for news stories–and not so much on press releases.

Plus two trends from my remarks:

6. Mobile has arrived. eMarketer estimates that there will be 113.9 million mobile Internet users in 2012–an increase of 17.1 percent from 2011. This includes 72.8 million mobile shoppers and 37.5 million mobile buyers. This means that every business–large and small–needs to have a mobile strategy.

7. “Find-ability” will be more important than ever. With Google rolling out “Search Plus Your World,” having a solid content marketing strategy (and quality content) will be more important than ever. Businesses that are still relying on static, corporate-brochure-type Web sites will be left in the dust.

Bonus Trend: Platforms. I just read Phil Simon’s The Age of the Platform (review coming soon), and I haven’t really had a chance to sit down and think through how small businesses will be able to take advantage of what he calls “extremely valuable and powerful ecosystems” (think Amazon or Apple) that allow you to scale, morph, and bring in partners, users, vendors, and so forth. While the business concept may not be new, technology has made doing this very different. I think Simon’s on to something. This is one emerging trend to watch.

Agree with these trends? Disagree? Think something’s being over-hyped? Please weigh in below.

Photo courtesy of Capitol Communicator.

Have you grabbed a free copy of Your Social Media Checklist? Download it today to get 9 tips for being findable and attracting the right customers for your business.

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The End of Brand Loyalty

by Daria Steigman on December 5, 2011

Has Brand Loyalty Gone the Way of the Stagecoach?Is brand loyalty dead?

One of the interesting findings in the IBM survey of CMOs ( here is is my take on the overall report) is that companies are unprepared to deal with “decreasing brand loyalty.”

They’re asking the wrong question.

Customers don’t have less brand loyalty today. We have more choices.

People are fiercely loyal to companies that don’t suck. Apple isn’t the only computer maker, phone maker, or music maker. Zappos isn’t the cheapest place to buy shoes. And Disney isn’t really the happiest place on earth.

What are you doing to earn customer loyalty?

Photo by MoneyBlogNewz (Flickr).

Have you grabbed a free copy of Your Social Media Checklist? Download it today to get 9 tips for being findable and attracting the right customers for your business.

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“To Infinity and Beyond”

by Daria Steigman on October 6, 2011

I didn’t realize until last night how much Steve Jobs changed my world:

  • He added color (orange desktop computer, red netbook).
  • He added usability (point-and-click operating system versus the old DOS).
  • He made music truly portable (mp3 player, streaming capabilities).
  • He changed the way we connect (smartphone).

My only Apple product is an iPod nano, and yet Steve Jobs’ impact is everywhere. Oh, and his tenure at Pixar produced the little movie clip above.

The world needs more disruptive innovators.

To infinity and beyond, Steve Jobs.

Have you grabbed a free copy of Your Social Media Checklist? Download it today to get 9 tips for being findable and attracting the right customers for your business.

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