Oneupweb Reviews : The Twitter Brand Page Rollout

Since the announcement of new Twitter “brand pages” in December, most socially savvy CMOs have naturally asked the question:

“How do we get one?”

In late January, Twitter answered: Get in line. Oh, and on top of that, you’ll need to be a $25k+ advertising partner to even qualify for the initial rollout. A few nonprofits will get the pages, too.

So, essentially: You’re not getting one – unless you’re big like Coca-Cola or we’re feeling charitable. A short and to-the-point kind of answer from the company that invented communication in 140 characters. Not exactly the kind of answer most CMOs were looking for.

The American Red Cross' new Twitter brand page

Twitter has begun rolling out brand pages to select advertising partners and nonprofits.

So what’s next? A quick review of Twitter’s latest short and to-the-point moves on brand pages:

1) Twitter is late to the party.

Sometimes I catch myself feeling sorry for Twitter like you might feel sorry for a younger sibling that, for all their obvious uniqueness and worth, just can’t quite live up to the expectations set by the older brother or sister. Facebook is that older sibling: the All-American, the Valedictorian, the Prom Queen of the social landscape. Facebook wrote the book on brand pages. Now Twitter is struggling with the screenplay.

2) Twitter looks desperate.

Twitter’s early struggle to monetize itself was once a favorite topic of social media cocktail hours – gossip that’s been effectively crushed by 2013 ad revenue projections of $400+ million. Both facts, however,  make Twitter’s decision to limit brand pages to $25k+ advertisers particularly dangerous from a PR perspective. One makes the company appear financially unstable; the other makes it appear selfish. Again, Facebook isn’t making things any easier: if the world’s largest social network can offer free brand pages, why can’t Twitter?

3) Twitter is overplaying its hand.

When presented with a problem, ask yourself what Tim Gunn would do. There’s only one answer. Tim Gunn would make it work. And that’s exactly what Twitter’s brand pages were supposed to do. But the road of online ventures is paved with good intentions and littered with MySpace’s, Friendster’s and Google Wave’s. The Waste Land of Tomorrow is a Netscape. Twitter’s brand pages are a great idea in theory, but when the time came to execute, the company hasn’t just failed to make it work… It’s actually made it worse – and risks making itself look arrogant and out of touch in the process.

Keep Calm

Twitter's brand page rollout ignores Tim Gunn's famous advice.

Bottom Line: It’s tough growing up in the shadow of Facebook. But just because you didn’t make it to the White House doesn’t mean reality TV is your next best option. At Oneupweb, we say save the digital drama for your mama. It’s time for Twitter to quit playing games – and just make it work.

What do you think of Twitter’s brand page rollout strategy?

 

Oneupweb Reviews: The Facebook IPO

Come the third week in May 2012, the eight year old Internet company, Facebook, will go live on the stock market with what may be a $100 billion IPO and will offer shares to the general public. It reported to be in the top 10 biggest IPOs of all time. On top of that, this will be the tech giant of IPOs of all time.

Image Source: Accounting Degree Online

On Wednesday, February 1st, 2012, Facebook paid a $573,000 fee and filed papers to raise $5 billion or more in the most highly anticipated initial public offering.

Top Sheet of the FB SEC Registration Form

Top Sheet of the FB SEC Registration Form

According to their 188 page public filing with the United States Securities and Exchange Commission, they reported revenue of $3.7 billion in 2011, up 88% from 2010 where they reported $1.97 Billion in revenue. That makes each Facebook user equate to $4.39 each. Facebook states in the document of that $3.7 Billion that their net income for 2011 was reported to be $1 billion exact. That’s 94% increase from 2010.

Since the NASDAQ uses four-letter stock symbols Facebook plans to list their symbol as the letters “FB.”

They make clear their risk factors. One that stood out during my read:

“Any number of factors could potentially negatively affect user retention, growth, and engagement, including if: users increasingly engage with competing products.”

The growth of Google+ in its first year growing 60 million users, a quarter of that in December 2011, could be that competing product.

When I was reviewing the S-1 document today I noticed certain patterns between words and number volumes.

  • All data reported begins in 2009
  • There was a drastic increase in revenue, expenses and activity from 2010 to 2011
  • The term 2005 Stock Plan

Why do those three points stand out to me? Because I can see a premeditated plan that has taken successful root. This told me that Mark Zuckerberg’s confidence in his company shifted somewhere in 2008. He was hit with the realization that his take on a viral expansion model held the right formula. According to the patterns in the S-1 there is a bold upward movement beginning in 2009 and even more so into 2011.

What happen before 2009? This is where the term “2005 Stock Plan” became like a beacon within the document. After some digging I found the shift and it started in the 2008 tax season.

As of December 31st, 2007, Facebook had assets exceeding $10 million, which meant their existing RSU’s (Restricted Stock Units) needed nonrestriction. Enter October 18th, 2008, a man named Jeffrey R. Vetter and his Request for Exemptive Relief from Registration under Section 12(g) of the Securities Exchange Act of 1934 on behalf of Facebook, Inc. This document showed that my assumption of a shift was correct. Having this exempt restriction in turn opened the pathway for where we are now: the Facebook IPO.

Though I have my hesitations in relation to Facebook in general, I will give this premeditated move of theirs thumbs up for effective and well thought out execution. They covered all their bases.

This has gone from viral sharing to stock sharing eight years in the making. And now a new tech frontier begins. Will you take a share?

Social Media: Who Benefits from Viral Expansion?

 

Oneupweb Reviews : Facebook Open Graph

Anyone who’s even slightly active on Facebook has likely noticed a new kind of content popping up in the News Feed lately. With the launch of the Facebook Open Graph, user-brand interactions are taking new precedence. With Open Graph, I know what my friends are pinning on Pinterest, what articles my brother-in-law is reading on Yahoo! News, and I’m even painfully aware of the very moment at which a good friend casts his lot with evil and listens to the Twilight soundtrack on Spotify. Most importantly, I know all of this without ever leaving the Facebook environment. It’s all happening in the News Feed with apps featuring Open Graph’s new Actions capability.

Spotify

Spotify was one of 60 apps to participate in the launch of Facebook's Open Graph.

Okay, so Open Graph is pretty cool. Now I know more than I ever wanted to know about my Facebook friends even after knowing too much already. Great. What makes Open Graph particularly exciting for marketers, however, is its integration with the world beyond Facebook – the greater Internet.

A More Connected Facebook?

Yes – it’s possible, and it’s here. As detailed recently in Search Engine Journal, Facebook’s Open Graph dramatically increases the network’s importance in SEO. For months now, online marketing blogs have been abuzz about the impact Google+ is making on SEO. With Open Graph, now it’s Facebook’s turn. With Open Graph’s Actions feature, as detailed by Search Engine Journal:

Those who interact with the product and post on their Facebook Wall then generate a direct route (link) to the webpage of the company … Given Facebook users average 130 friends, there is a huge amount of exposure that can be gained from Facebook Actions. Website traffic can increase dramatically because 1 person in a network “listened” to your product.

Hitchhiking on the Open Graph

Do brands need to create their own apps to take advantage of Open Graph’s SEO benefits? Not necessarily. In fact, many brands can leverage the power of stronger, existing apps – such as the wildly popular Pinterest app – by developing creative campaigns on those outside platforms. Land’s End’s recent Pinterest campaign, for example, generated double exposure for the brand, by featuring user-shared Land’s End favorites across both Pinterest and (thanks to Pinterest’s Open Graph app), on Facebook.

Lands End Pinterest

The Land's End "Pin It to Win It" contest promoted the brand on both Pinterest and Facebook - powered by user "pins" (Actions) and Pinterest's Open Graph app.

The Verdict

The bottom line is: Facebook’s Open Graph is great news for users and greater news for marketers. Unless, of course, you discover via Open Graph that your friends are into Twilight. Then everyone loses.

What do you think?

 

Oneupweb Reviews: The SOPA and PIPA Protest

2011 has become a year known for its world-wide protest movements – often inspired by the advent of social media. 2012 appears to be starting off on the same foot and that collective voice is on a march. From the Middle East protests against regimes to the 99%’s Occupy Wall Street protests against the 1% Mega Rich of the United States, a protest has indeed taken root and it doesn’t look like it will recede anytime soon.

That is unless come January 24th, 2012, two bills get passed in the legislature: the Stop Online Piracy Act (SOPA) and the Protect IP Act (PIPA).

SOPA is “a law of the United States of America proposed in 2011 to fight online trafficking in copyrighted intellectual property and counterfeit goods… The bill would criminalize streaming of content, with a maximum penalty of five years in prison.” (Wikipedia: House Bill 3261)

PIPA (Protect IP Act or Preventing Real Online Threats to Economic Creativity and Theft of Intellectual Property Act of 2011) is “also known as Senate Bill 968 or S. 968, is a proposed law with the stated goal of giving the US government and copyright holders additional tools to curb access to ‘rogue websites dedicated to infringing or counterfeit goods’, especially those registered outside the U.S.” (Wikipedia: Senate Bill 968)

SOPA and PIPA could have negative results in the long term on Internet speed, security and innovation if passed. The two bills intend to stop online piracy and protect copyright holders, but observers claim they will infringe upon creativity, Internet security and innovation. They infringe on these by punishing websites that link to any copyright-infringing sites, even by accident.

Oneupweb supported the stand against the SOPA and PIPA bills presently being considered in Congress. In a public announcement yesterday Oneupweb stated:

“While the intention behind the bills is to stop copyright infringement, they are drafted in such a way that is incompatible with the current open and free Internet as we know it. These bills, as they exist presently, will do little to stop piracy. Instead, they will stifle innovation, promote censorship, and break how the internet functions.”

Oneupweb Home Page on January 18th, 2012

Of course the big wigs of websites like Google, WordPress and Wikipedia also protested the bills by performing blackouts on the 18th of January, 2012.

WordPress

Google launched a petition page that gathered 4.5 million signatures just on the 18th alone. Wikipedia’s blackout caused a Twitter freenzy in the hashtag #wtfWikipedia, which caused a real time page to be created that showed the millions of tweets on its blackout.

To better understand the intention and the backlash against PIPA and SOPA watch this video:

PROTECT IP / SOPA Breaks The Internet:

In response to the mass blackout day across the Internet people also came out from the New York tech community and gathered to protest SOPA and PIPA on Wall Street. Around 1,500 people were in attendance.

Something to know is that PIPA is a rewrite of the COICA Bill (Combating Online Infringement and Counterfeits Act), which supporters unsuccessfully attempted to push through in 2010. The same thing happened with the SOPA bill. Therefore, something to also note is that though we may beat SOPA and PIPA this time around (and we better with 4.5 Million signatures from the Google petition be end day of Janurary 18th, 2012), we may be protesting revised versions of these in the not-so-distant future.

We at Oneupweb support the movement against SOPA and PIPA. We have a right to a voice and we give the movement two thumbs up!

Where do you stand and how do you feel about this movement?

 

Oneupweb Reviews : Coca-Cola on Tumblr

Fresh off a pretty radical social marketing experiment in Portugal, Coca-Cola has opened another can of serious social on Tumblr with its “Happiness is…” blog. Aimed at the network’s active young blogger demographic, the “Happiness is…” campaign draws on the traditional marketing strengths of both Coca-Cola and Tumblr, respectively: sugary, feel-good sentiment and photography. As reported by Jason Keath for Social Fresh, Coca-Cola launched its Tumblr blog just after Christmas and is one of the first consumer packaged goods (CPG) companies to the use the platform. From what we’ve seen so far, I’d say they’ve nailed it. Touchdown, Coke.

What makes the “Happiness is…” campaign tick? Well, being one of the world’s most recognizable – and admired – brands certainly doesn’t hurt. But it’s the design of the Tumblr blog itself that truly distinguishes Coca-Cola’s campaign. We’ll keep it simple and focus on three important lessons:

1) Less Can Be More

Much like the theme of the campaign itself, “Happiness is…”, the Coca-Cola Tumblr page focuses on essence – and is careful not to overpower the user with graphic wizardry and surface static. In doing so, the Coca-Cola team is positioning itself to appeal to the platform’s core demographic – young, artistically inclined bloggers looking for authentic experience, not commercial polish.

Coca-Cola Happiness Is Tumblr Blog

Coca-Cola's "Happiness Is..." Tumblr blog invites users to experience the essence of the brand.

2) Push the Idea, Sell the Product

Social media is all about relationships – and a platform like Tumblr is perfect for forging emotional connection between a brand and its audience. By focusing the conversation on what happiness means, Coca-Cola’s “Happiness is…” campaign not only connects the brand with potential customers; it connects the product with a desirable feeling.

3) Hand Over the Wheel

When I can hangout with the Muppets, why would I bother sticking around a brand page that treats me like a museum visitor? Today’s social consumer needs to feel involved. While paying close attention to message and design consistency, Coca-Cola has given visitors to its “Happiness is…” Tumblr blog plenty of creative license, posting user-generated content and encouraging interaction with the content.

Coca-Cola's "Happiness is..." Tumblr Blog

Coca-Cola shares plenty of user-generated content on its "Happiness is..." blog, curating the user experience.

So what do you think? Can this latest social media campaign by the world’s 6th most valuable brand maintain its fizz?