Social Media vs Investor Relations

This post (from IR WebReport – thanks to them, looks like a good site) just underlines for me everything that’s so, so wrong about the use of social media for commercial purposes.

It’s basically an examination of companies with Twitter feeds (or streams or whatever you call them) and how they use them to communicate results announcements. The author expresses some surprise and irritation that some of these benighted corporates fail to announce their results on Twitter at the same time as they do through other (dare I say it) more traditional media.

To which I have two reactions:

  • Of course they’re not using Twitter in the same way that they’re using other, more traditional, channels. Twitter is a gimmick. Oh – and 140 characters doesn’t leave much room for the Chairman’s statement
  • No serious analyst is relying on Twitter as his/her sole source of information about the companies on his/her beat. Those that are, I would suggest, are not looking at glittering careers

Twitter. Useless. Get over it.

Oh. And stop trying to shoehorn Twitter (or any social medium) into areas where it simply a) doesn’t work and b) isn’t relevant.

Thanks!

Oi! Facebook! No!

It is hard to type, blog snorkellers mine, with your head in your hands and your eyes clouded by roiling waves of despair.

What gives, the more solicitous of you (I am sure) will want to know. Well, since you asked, it’s this. ‘This’, for those of you who have an issue wid da clickety-boo and don’t want their screen cluttered up with too many windows (oooo – we might lose track of what’s open and be surprised later and that would NEVER do), is a link to Metro, a UK-based free morning paper. A bit gossipy, a bit sensational, maybe even a little lightweight – but influential, no doubt. I don’t know what the circulation is (and if you’re that interested, you can go find out for yourselves) but it’s a lot. No-one turns down a free paper.

(Apart from fusty old codgers who insist on paying for The Thunderer. Oh, and social workers who couldn’t live without their morning lean-to-the-left from The Guardian. And, of course, Middle England, which wouldn’t be Middle England without being constantly whipped into a frenzy of mindless bigotry, casual racism and general outrage by the super, soaraway Daily Mail. Apart from them.)

Anyway – and the link to Metro’s website doesn’t do any sort of justice to the full horror of this – this morning’s front page feature was all about Facebook reaching 500m users. And lots of little ‘factoids’ (26m users in Britain – that’s a third of the population!) and some mealy-mouthed motherhood statements from the boy-demon, Mark Zuckerberg.

C’mon, bloggy people – what’s wrong with this picture?

  • It’s not news – it merely provides a seal of approval for people’s grubby obsession wid da ‘book
  • OK, it could be argued that it IS news – populist, describing a global phenomenon, huge numbers, societal step-change etc etc – but I always thought there had to be two sides to news. Where’s the counter-argument? The nearest we get to it is a nod to the fact that Facebook doesn’t make a profit, and that Azrael Zuckerberg may have to give a slice of his horrible action to some guy he had a contract with some time ago. (And you wouldnae want to read the small print on THAT contract, mark my words)
  • Where does the data come from? Oooooh, ooooh, oooooh! Let me guess! Facebook?
  • Not even a nod to the fact that only a proportion of those registered Facebookians are actually active
  • No nod to the trend for people to create Facebook accounts for their pets
  • No nod to the exceptionally poor nature of the bulk of the content
  • And certainly no recognition of the possibility that serious Facebookists (most likely, I wouldn’t want to be quoted on this) have serious issues of a rather disturbing nature

If you don’t believe me – or if you simply want to marvel at the random fuckwittery that is the bulk of Facebook, have a quick shufti at this. This is Failbook. Mostly shit, occasionally jaw-droppingly, buttock-clenchingly awful.

Anyway, the good news is that this undoubtedly heralds the start of the silly season. Yes, dear communications specialists everywhere, it is time to kick back, dust off the really stupid ideas that wouldn’t stand a chance at any other time of the year, and get filling those empty column inches!

Good luck to you all!

Paddling in Twitter

Why am I paddling in Twitter, dear blog snorkellers? Because it is irredeemably shallow, that’s why. Why is it irredeemably shallow, then? Because you cannot express anything of any value in 140 characters.

The fundamental truth of this is beautifully illustrated by the current horoscopes featured on satirical British website thedailymash.co.uk, which you can find here. For the hard of clicking, I reproduce the entry under ‘Leo’:

“Leo (23 JUL-22 AUG)
It’s a shame Twitter restricts me to 140 characters, because that’s not even close to being enough for me to truly express how much of a cu”

So I thought about this, and stuck a couple of pins in t’interweb. What follows are some musings of great men, as they would have been if the poor blokes had had to communicate through da Tweet.

“To be, or not to be – that is the question: whether ’tis nobler in the mind to suffer the slings and arrows of outrageous fortune or to take”

“I am happy to join with you today in what will go down in history as the greatest demonstration for freedom in the history of our nation. Fi”

“It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness; it was the epoch of belief, it”

“Load up on guns Bring your friends It’s fun to lose and to pretend She’s overborne and self-assured Oh no, I know a dirty word Hello, hello,”

Is it any wonder that despite Tweet-ups and Tweet-ins, Tweet-mobs and Tweet -nights, the service remains little more than the 21st century equivalent of “hello? hello! Yeah! I’m on the train!”

Rubbish.

Googly I

 Been a while, blog snorkellers mine, been a while.

Frankly, this blog has turned into my foamy-mouthed rantings about the eville that is social media and, d’you know what, it’s becoming difficult to find anything new to write.

Why? Because I’m not a geeky techy, I’m a communicator. I do not hang around in the kitchen of the internet’s big social media party, discussing the tiny changes that social media keep making to themselves, nor the wholly spurious increases in fans and clicks, nor the fact that 52.673% of businesses run by hippies believe that social media will, eventually, replace God.

And unless you choose to rummage through this morass of soiled underwear, you have to accept the truth that nothing has actually changed in the year or so that I’ve been gracing the web with my musings. The evangelists are still evangelising, the fools are still fooling around, the inappropriateness is still inappropriate, the naysayers are still naysaying – but nothing has actually changed.

Social media are still what they are – and the communications and marketing community are still trying to work out how to leverage them. Anyway, today I come across this – which is a post from the Digital Brand Expressions Blog (thank you) musing on the possibility that Google may be planning to have another foray into the social media space with something that may, or may not, be called ‘Google Me’. Obviously, I think they’ve missed a trick here – ‘Googly I’ would be so much better, or Google U, which could then become Googlez Vous in French and Et Tu Google for the small Swiss community that still insists on speaking Latin.

Anyway (again), just a couple of thoughts on the back of this article:

1) It’s probably too late for choice. You’re either on Facebook, or you’re not. And if you are – well, you are (obviously) and if you’re not, I think it’s unlikely that you’ll suddenly throw your privacy away and embrace the sharing of drunken photographs simply because that nice Mr Google has provided a new medium for you to use.

2) If Facebook was going to launch a search engine, it would have done it by now. Let’s face it, a share of Google’s $23bn annual profit (revenue? not sure) is not to be sneered at. I can only think that either they can’t, or that they’ve decided it’s not worth the effort. And, simply because Facebook doesn’t make any money currently, I’m forced to believe that they haven’t the capability to create an algorithm that would approximate Google’s. (If indeed algorithm is the right expression for the magic mushroom of code that allows Google to hallucinate all the stuff that people want to view.)

So. I’d hazard that Google won’t be able to invade Facebook’s space and vice-versa. So, once again, nothing has changed.

See you in another couple of months – supposing anything actually moves on.

Kirk out.

Talking Sense About Social Media

Today, lovely blog snorkellers mine, I’m going to get all volte face on your asses.

Today, I would like to say that I am prepared to accept that social media can be a force for good – in a commercial communications, sales and marketing context. I am prepared to go as far as to say that interacting with them might even add measurable value to the bottom line of a company, brand or organisation. In short, I am ready to say that such a company, brand or organisation should have a social media strategy in place to capitalise on the opportunities that social media present.

The one thing that I am waiting for, in order to make my conversion complete, is some proof that all of this is – in fact – correct. Suffice it to say that in the course of a recent conversation, I was given hope that at least one organisation is actually measuring and evaluating the ROI of its social media strategy. If this is the case, and the results speak for themselves, then I will be a convert. I look forward to sharing more with you.

In the meantime – if anyone already has concrete examples of tangible ROI delivered by social media activity, then I would be genuinely fascinated to hear them.

In the meantime (2), I would like to draw your attention to this. It is a collection of ‘insights from a lively morning panel discussion’ entitled ‘Social Media For Corporates – essential channel or unecessary distraction’, which was held by CorpComms magazine and was a Precise.exchange.

Please, lazy, lazy blog snorkellers, do clickery on the link, and read the comments of Peter Morgan, Director of Communications, Rolls Royce. A case of genuine insght, cutting through the quagmire with the laser scalpel of clarity, or one of old dogs not being able to get their heads around new tricks? I leave it to you to decide.

(Personally, I agree with him wholeheartedly.)

Embrace Social Media Or Die! (Part The Third)

Oooh! Oooooh! Oooooh! (Imagine small child at back of classroom waving hand in air.)

And another thing. Yesterday, I passed comment on the flimsy gibberings of Erik Qualman, social media snake-oil salesman to the shiny-object obsessed masses, the man behind socialnomics.net, and the author of this piece – statistics about social media that supposedly build a case for its here-to-stayness and its centrality to all that is good and clean.

Anyways, cutting a story short, something was niggling at me. I re-read my post. I remembered why it is that I’m not a social media fan. It’s not because I deny its existence (as I was once accused of doing), nor that I have anything against it per se. No – it’s simply because I’m a career communicator, and I believe that all marketing, communications and sales activity should have a measurable ROI and a demonstrable impact on the bottom line – which social media (in the context of sales, marketing and communication) does not.

So I re-examined Mr Qualman’s list with this in mind. His list of 42 points (go and check it out for yourself, you lazy blog snorkeller). I wanted to see how many of his 42 statistics, claims and exhortations actually had a bearing on the use of social media for commercial ends.

And the answer is 12. Yes, 12 out of 42 – and even those do not have a direct impact on the formulation of a commercially-focused, measurable social media strategy, aimed at delivering bottom-line impact. The other thirty are, variously, meaningless statistics, empty statements and trite irrelevancies.

How did I come across this horsesh*t in the first place? Because a contact of mine, who is slightly more forgiving of the whole social media mojambo, circulated it. Implying that quite a few people are circulating it and more than a few are using it to justify the time, resource and budget that they have convinced their employers/clients to put behind this whole box of smoke and mirrors.

I don’t have to tell you – right-thinking snorkeller that you are – how toxic this is.

Embrace Social Media Or Die! (Part Deux)

Oui, oui, my hydrophobic British chums (and dear, dear blog snorkellers of whatever persuasion, religion, creed, nationality or proclivity you may have assumed on rising, this fine matin) here we go again with the increasingly rabid and just-on-the-left-bank-of-sane meanderings of one Erik Qualman, evangelist of this parish and the Dr Evil-alike behind socialnomics.net.

You will know, because of your avidity in the following of this blog, that I have already dealt with the thoughts of Qualman (have a look here) but, to maintain a flimsy gauze of pretence, I will tell you about it again, as though I were addressing the needs of a new visitor.

Mr Qualman puts forward an entire raft of statistics which, on the face of them, appear to tell us that not only is social media here to stay, but that it is becoming fundamental to the core of our very lives. They go on to imply that by ignoring social media from a commercial perspective, then your business will no longer be around in five years, and from a personal perspective, you might as well rub yourself with a fish, don a hessian all-in-one and wander the highways and byways, ringing a bell and wailing ‘unclean, unclean’, for all the future you’ve got as a valid member of society. And I had a thing or two to say about that.

Now Mr Qualman has updated his statistics. Again, on the face of it, can’t argue. Facebook (by population) is the third largest country in the world? Check. Social media has overtaken porn as the number one use of the internet? Check. One out of every eight couples married in the US in 2009 met via social media? Er. OK. If you say so.

I’m sure it’s all true. “Some universities have stopped distributing email accounts…….instead they are distributing ipads” – so, if I’m understanding this correctly, enrol in University, get an ipad. Certainly beats the £5 I got for opening a bank account. And it’s a very attractive offer for those people who a) can’t afford an ipad of their own and b) couldn’t get one anyway because they’re in such short supply. In fact now we know why they’re in short supply – because all the universities had bought the entire stock to give to their students instead of email accounts.

Ashton Kutcher and Ellen Degeneres (combined ) (now there’s a nasty thought) – or Allen Detcher – have more Twitter followers that the population of Ireland. No – that IS the population of Ireland, having a laugh. Some of the population of Ireland are finding it so amusing that they’ve been following Elshten Kuneres more than once. Wags that they are.

The point is – and still remains – that I cannot be the only one (or even one of a few only ones) who don’t really want ‘the news finding us’ (rather than us looking for the news, when we want it) or ‘products and services finding us via social media’ (rather than that quaint old-fashioned thang called shopping around when we’re good and ready, thankyou).

I’m sure social media is growing in leaps and bounds – statistically. I just don’t believe there’s any  longevity, loyalty, depth or substance to it. It’s millions of little voices, yapping into a void. It’s certainly not a valid marketing, communications or sales tool.

ZUBAR

(Which, of course, is an homage to the seminal late-eighties meisterwerk of cinematography, ‘Tango & Cash’ – and obviously you’ve spotted how clever I’ve been in adapting it to suit my own ends in introducing yet more musings on privacy and Facebook.)

For yes, dear blog snorkellers, we are all Zucked up – some many millions of us more than others. The nasty, odious geekwipe who decided in his own grubby mind that privacy was no longer a social norm, has taken note of the groundswell and has – apparently – done something about privacy on Facebook.

What he’s done, I have no idea. I don’t understand. I don’t have a clue whether what he’s done will work or not and whether it even addresses the issue. If it was me, I would stick with May 31 (Quit Facebook Day) and just have done with it. You see, the horrible Zucker has more to share, in regard to his philosophy around what people should and shouldn’t be, think or do.

Here is a post by Danah Boyd, a fellow (athough she’s clearly a lady) (this is a gag that my US snorkellers may not wholly ‘get’) at the Harvard Berkman Center (sic) for Internet and Society. Which impresses the living hell out of me. It’s worth a read, you lazy, lazy snorkellers and no, I am not going to paraphrase it for you. The bit I am going to reproduce here – and careful before you read it – it may make you feel queasy – is another quotation from the boy-demon, Zuckerberg. He said, last year:

“You have one identity… The days of you having a different image for your work friends or co-workers and for the other people you know are probably coming to an end pretty quickly… Having two identities for yourself is an example of a lack of integrity.”

Having two identities for yourself is an example of a lack of integrity?

I’d say that sticking with one is – at best – an example of an Aspergers-like inability to function properly in society and – at worst – an example of the lazy attitude exhibited by the Northern (English) nouveau-riche – “take me as you find me, that’s what I’m about, say what I mean, mean what I say, spade a spade” etc etc etc, as if it’s some kind of virtue. No, you nasty fuck, it’s just intolerant rudeness.

Problem is, the hard-of-thinking that populate Facebook are having their ability to adopt seperate identities – which we all do, to relate to people, to get on in life, to avoid getting arrested – taken away from them. It’s actually, now I come to think about it, a real threat to society as we know it. And I don’t think I’m being overly alarmist.

The last word goes to a Daily Mash article – read it in full here:

“I’ve got an idea for a website. It’s called How’s About We All Just Leave Each Other the Fuck Alone for Five Minutes.

 “Book.”

May 31 – Quit Facebook Day

Does exactly what it says on the tin – no explanation necessary.

Here. A piece from mashable.com.

Also see my previous post – You’re Zucked!

A small step, I would say, in the right direction.

You’re Zucked!

Proof, were it needed, that Facebook is eeeee-ville.

Well, OK, it’s not actually proof, per se, and it’s not actually Facebook, per se, it’s more a bunch of opinions about the loathsome whelp who started it all, Mark Zuckerberg. Who, incidentally,  sounds like a genuinely unpleasant nerd with few ethics and a touch of the pulling-the-legs-off-flies Asperger’s about him. 

(But that’s just my tuppence worth and I am happy to state – for the record – that it is in no way based on fact or personal experience and is merely a conclusion drawn from available material and thus only probably bang on the money.)

Anyway, if, lazy, slothful, comatose blog snorkellers mine, you were (for once) to follow the link that I’ve posted, you’d find yourself inside the head of one Jason Calacanis, who definitely has a downer on the Zuckerbergster. And, if half the things he’s saying are half true, then perhaps he’s right. (Although he does go on at quite some length, implying that he may have an axe of a personal nature to grind.) 

I was taken with the term ‘You’re Zucked’ which appears to describe the state of having had your ideas stolen by someone, or having been screwed over by a business partner. Apparently, his behaviour has been so bad that those in the know are now calling for a boycott of ‘book, and have decreed that ‘book is seriously uncool.

(Mind, if ‘book really has 400 million users and is the third largest country in the world by population, I think it may take a little time for this uncoolness to filter down. I also cannot help but thinking – what did you expect? His Zuckness is an entrepreneur and a businessman and you don’t get anywhere by being nice and holding the door open for people. But maybe that’s me.)

My worry is that if ‘book goes down – what hideous creature will rise in its place? See – I don’t believe the social media hippies and I don’t believe in the inherent goodness and niceness of all and sundry. There’s always someone who wants to make money and screw everyone else – and if it’s not the Zuckerburger, then who (or what) is waiting in the wings?

Maybe we should be careful what we wish for. (Or, as I’m speaking for myself, what I wish for.)

Quiet in here, isn’t it?