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Thursday, October 16, 2008

Social Web Speeds Ahead Despite Slowing Economy

The following is my column in next week's AdAge...

As if you didn't have enough to worry about with the slowing economy, just wait. The social web is actually heading in the opposite direction - it's getting a lot faster. This will throw digital marketers another major curve to contend with.

Here's an example. Last week, just before the final Presidential debate, Friendfeed added a small feature that bloggers and fans went nuts for. The social network aggregator turned on real-time updating.

With the change, if you leave Friendfeed running in a browser window your friends comments, posts, statuses, photos and videos are automatically pushed to you without having to hit re-load. Watching my friend's social stream during the debate was like riding the Maid of the Mist to the base of Niagara Falls.

Friendfeed isn't alone. In August Facebook added a similar feature to its home page called the Live Feed. Hardcore Twitter addicts have long adored a number of applications that bring live micro-blogged conversations to the desktop. These include Tweetdeck and Twhirl for Windows and Twitterific for Macs. Google's RSS reader has live updating and blog aggregators like Techmeme will surely follow suit.

As it speeds, the social web is transforming into a giant, 24/7 global chat room distributed across hundreds of sites. Unlike the chat rooms of old, these are a lot more influential. In this era there are more people engaged and everything is being indexed in Google - also in real-time.

Journalists are already adapting by embracing the live web. Many reporters are active on Friendfeed and Twitter. Last month CNN launched a new show with Rick Sanchez that features the anchor interacting with Twitter users live on the air. Sanchez has since added 10,000 followers and is now the fourteenth most followed personality on the site.

But what about brands? How will they fare in this new, faster age? That will depend on how they adapt.

Digital marketers who continue to plan campaigns months in advance and then unleash them will lose relevance. The more successful programs going forward must feature real human beings. They will need to be dynamic, adaptable and able to turn on a dime depending on where the live conversation goes. That's no easy feat and it will require brands and agencies to rewire themselves for speed. Get ready to race.

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Listed below are links to weblogs that reference Social Web Speeds Ahead Despite Slowing Economy :

» "Get Ready to Race" from LB's Rambles
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